Washington County Real Estate and Livability Trends
In Washington County, Georgia, the median home values have appreciated from $80,400 in 2015 to $113,700 in 2022, highlighting potential for investor interest, especially when compared to the state surge from $148,100 to $245,900. Rising real estate taxes from $1,970.62 in 2012 to $3,163.27 by 2021 suggest increasing property values or tax rates. The steady increase in mortgages for principal... Read more
Washington County Market Trends
Washington County, Georgia’s median home values have risen from $80,400 in 2015 to $113,700 in 2022, reflecting a positive trend for potential investors, especially compared to the state average surge from $148,100 to $245,900. Energy tax credits have more than doubled from $356.25 in 2013 to a peak of $715.38 in 2018, appealing to eco-conscious buyers. Real estate taxes have increased from... Read more
Median Value of Occupied Housing Units in Washington County, Georgia Over the Last 8 Years
Washington County, Georgia has seen a consistent increase in median home values over the past eight years, jumping from $80,400 in 2015 to $113,700 in 2022. While still lower than the Georgia state average, which surged from $148,100 to $245,900 over the same period, Washington County’s growth reflects a positive trend for potential investors. Nationally, median home values increased from $125,500 to $179,400, suggesting Washington County and Georgia overall may offer more affordable entry points with good appreciation potential.
Residential Energy Tax Credit Per Tax Return in Washington County, GA Over the Last 9 Years
In Washington County, Georgia, residential energy tax credits per tax return have shown a clear upward trend over the past nine years. Starting at $356.25 in 2013, the average credit experienced significant growth, peaking at $715.38 in 2018. Though there was a slight dip to $573.91 by 2021, the overall increase reflects a growing investment in energy-efficient technologies, making the area attractive for eco-conscious homeowners and investors looking to capitalize on green incentives. This trend highlights potential savings on energy costs and a community commitment to sustainability.
Average Real Estate Taxes Per Tax Return in Washington County, GA Over the Last 10 Years
Washington County, Georgia, has seen a noticeable rise in average real estate taxes per tax return over the past decade, starting at roughly $1,970.62 in 2012 and climbing to approximately $3,163.27 by 2021. This upward trend suggests increasing property values or a higher tax rate, which could impact the affordability for potential buyers or investors. While the jump isn't linear, with slight dips such as in 2020, the overall increase can influence appraisals, insurance premiums, and market dynamics for real estate agents and developers considering the area.
Percentage of Farm Returns in Washington County, GA Over the Last 10 Years
Farm tax returns in Washington County, Georgia have fluctuated over the last decade, starting at 5.27% in 2012, peaking at 5.77% in 2015, and then slightly declining to around 4.81% by 2021. These variations in farm returns indicate changing economic conditions for the agricultural sector, potentially affecting land value, local employment, and community resources. For those interested in investing, moving to, or building property in the area, understanding these trends can provide insight into the county's agricultural stability and economic health.
Number of Mortgages by Occupancy Type in Washington County, GA Over the Last 5 Years in Washington County
Over the last five years, Washington County, Georgia has seen a steady increase in mortgages for principal residences, peaking significantly in 2021 with 565 mortgages. In contrast, investment property mortgages have remained relatively flat, hovering around single digits, while second residence mortgages have seen slight fluctuations. These trends could suggest a growing local demand for primary homes, potentially indicative of a more permanent residential population. For investors, this stable market for principal residences paired with low investment property activity might mean there are untapped opportunities. Meanwhile, real estate agents and appraisers could focus more on primary homes, and insurance agents may need to adjust their risk assessments based on these shifts.
Economic Outlook
In Washington County, Georgia, the average taxable income per tax return has steadily climbed from $42,460.00 in 2013 to $53,238.69 in 2021, pointing to a strengthening local economy. However, the average state and local income taxes have also surged, rising from a dip of $4,222.00 in 2016 to $8,348.53 by 2021, indicating an increasing tax burden that could affect disposable income. Additionally, the average total tax liability has fluctuated, peaking at $8,147.70 in 2017 and dropping to... Read more
Average Taxable Income per Tax Return in Washington County, GA over the last 9 years
In Washington County, Georgia, the average taxable income per tax return has shown a notable upward trend over the past nine years. Starting from $42,460.00 in 2013, there's been a general increase with some fluctuations, reaching $53,238.69 in 2021. This mostly positive trajectory suggests a strengthening local economy, potentially making it a more attractive option for investors, new residents, and developers. The consistent rise, especially in recent years, might reflect improved job opportunities or higher wages, providing a promising outlook for the county's economic growth and stability.
Average State and Local Income Taxes Per Tax Return in Washington County, GA Over the Last 10 Years
In Washington County, Georgia, the average state and local income taxes per tax return have shown notable fluctuations over the past decade. Starting at $5017.01 in 2012, the value dipped to $4222.00 in 2016 but then rose to $8348.53 by 2021. This upward trajectory, especially since 2018 when taxes escalated from $6031.43 to over $8000.00, underscores an increasing tax burden. This trend is crucial for investors and potential residents to consider, as it reflects underlying economic shifts and could impact disposable income and business decisions.
Average Total Tax Liability Per Tax Return in Washington County, GA Over the Last 10 Years
Over the last decade in Washington County, Georgia, the average total tax liability per tax return has seen significant fluctuation. Notably, it peaked in 2017 at $8,147.70 and dipped to a low of $6,004.75 in 2019. This variability signals potential shifts in economic conditions, possibly affecting disposable income and investment patterns. For those considering moving to or investing in the area, understanding these tax trends is crucial for financial planning and property development.
Cost of Living in Washington County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,046 | $1,311 | $1,610 | $1,048 | $950 |
| 1 adult 4 children | $1,046 | $1,071 | $1,230 | $1,048 | $1,002 |
| 2 adults 3 children | $1,046 | $1,071 | $1,398 | $1,048 | $774 |
| 1 adult 3 children | $1,046 | $874 | $1,017 | $1,048 | $792 |
| 2 adults 2 children | $772 | $877 | $1,185 | $908 | $673 |
| 1 adult 2 children | $772 | $655 | $805 | $908 | $593 |
| 2 adults 1 child | $772 | $693 | $973 | $454 | $651 |
| 1 adult 1 child | $772 | $448 | $593 | $454 | $551 |
| 2 adults | $684 | $557 | $760 | $0 | $602 |
| 1 adult | $648 | $304 | $380 | $0 | $532 |
Safety trends & Data
Property crime trends in Washington County, Georgia, reveal notable shifts over the past five years. Larceny-theft incidents sharply declined from 71.00 cases in 2018 to just 9.00 by 2022, while burglary rates showed a decreasing trend post-2018. Arson remained minimal and consistent, and vandalism also decreased, possibly due to improved community vigilance or better law enforcement. With fraud, motor vehicle theft, and stolen property crimes maintaining low but steady levels, these trends... Read more
Property Crime Trends in Washington County, GA Over the Last 5 Years
Over the past five years in Washington County, Georgia, property crime trends highlight significant peaks and troughs. Larceny-theft incidents, the most prevalent crime, drastically reduced from 71.0 cases in 2018 to just 9.0 by 2022. Burglary rates fluctuated, with notable declines after 2018. Intriguingly, arson maintained a minimal and consistent presence. Vandalism also saw a decrease, indicating a potential improvement in community vigilance or law enforcement effectiveness. With fraud, motor vehicle theft, and stolen property crimes maintaining low but relatively steady figures, these trends suggest a generally improving property crime situation, which may be of interest to investors, appraisers, and residents considering the area's future growth and security.
Demographics
Washington County, Georgia's adult population in 2022 showed a nearly even gender distribution, with males slightly outnumbering females. The educational attainment levels reveal that a significant portion of the population possesses a high school diploma or equivalent, yet there's a considerable number of residents who haven't completed high school. The age distribution indicates a relatively balanced spread across various age groups, with a notable concentration in the 55 to 64 years range.... Read more
Race Distribution in Washington County, Georgia (2022)
Educational Attainment in Washington County, Georgia (2022)
Age Distribution in Washington County, Georgia
Citizen Population in Washington County, Georgia (2022)
Political Trends & Data
In Washington County, Georgia, the 2020 U.S. Presidential Election results showed a nearly equal split between Republican and Democratic votes, with Democrats possibly having a slight edge. This tight race, further influenced by a small fraction of Libertarian votes, hints at a highly competitive political landscape that may be crucial for future... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Washington County, Georgia, the 2020 U.S. Presidential Election results indicated an almost even split between Republican and Democratic votes, with Democrats possibly edging ahead slightly. Libertarians garnered a small fraction of the vote, potentially influencing the tight race. The data hints at a highly competitive political landscape in this county, which could be significant for future elections.
49.30% of voters voted for the Republican party in the 2020 Presidential Election
50.01% of voters voted for the Democrat party in the 2020 Presidential Election
0.70% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Washington County, Georgia has seen its student-to-teacher ratio decline over the past decade, dropping from roughly 16 students per teacher in 2014 to under 14 in 2023. This ratio, now below the national average, may suggest smaller class sizes that could offer more individualized attention, potentially improving educational outcomes. Such trends could appeal to potential homebuyers, real estate agents, and investors, as well as appraisers and insurance agents when evaluating property values... Read more
Student-to-teacher ratio in Washington County, Georgia over the last 10 years
Washington County, Georgia's student-to-teacher ratio has gradually decreased over the past decade, moving from about 16 students per teacher in 2014 to under 14 in 2023. This current ratio falls below the national average of 14 students per teacher, which could suggest smaller class sizes conducive to more individualized attention and potentially better educational outcomes. These trends might interest potential homebuyers, real estate agents, and investors looking at the local market, as well as appraisers and insurance agents assessing property values and risks. Moreover, families considering a move might view this as a quality marker of the local educational system, whereas developers and builders might see opportunities for marketing family-friendly housing.
