Webster County Real Estate and Livability Trends
Webster County, Georgia's rising taxable incomes and increasing state and local taxes suggest a shifting economic landscape that could impact cost of living and investment potential. Median home values have seen noteworthy appreciation from $46,000 in 2015 to $77,100 in 2022, providing an attractive, yet comparatively affordable, investment opportunity. Additionally, the significant drop in... Read more
Webster County Market Trends
Webster County, Georgia has seen a consistent rise in median home values, advancing from $46,000 in 2015 to $77,100 in 2022, though still lagging behind both state and national medians. This might indicate a tempting investment opportunity given the substantial but relatively affordable appreciation. Meanwhile, real estate taxes per return have fluctuated, peaking at $2,200.00 in 2021 from... Read more
Median Value of Occupied Housing Units in Webster County, Georgia Over the Last 8 Years
Over the past eight years, Webster County, Georgia has seen a consistent rise in median home values, starting from $46,000 in 2015 to $77,100 in 2022. While this growth is substantial, home values in Webster County remain significantly lower compared to Georgia's state median, which jumped from $148,100 to $245,900 in the same period. Nationally, the median home value increased from $125,500 in 2015 to $179,400 in 2022. The relatively low home values in Webster County could present unique investment opportunities for those looking to capitalize on potential growth in this region.
Average Real Estate Taxes Per Tax Return in Webster County, GA Over the Last 9 Years
In Webster County, Georgia, average real estate taxes per tax return have shown some noticeable fluctuations over the past nine years. Taxes peaked at $2,200.00 in 2021, significantly up from a low of $1,384.62 in 2017. The data suggest a trend of gradual increase after dips in 2014 and 2017, reflecting possible changes in property values or tax policies. Investors, appraisers, and real estate agents might find this trend indicative of shifting economic conditions in the area that could impact property values and the cost of living.
Percentage of Farm Returns in Webster County, GA Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Webster County, Georgia, has generally hovered around 7-8%. Farm tax returns represent the portion of tax filings that report income from farming activities, reflecting the agricultural financial health and its relative contribution to the local economy. Taking these metrics into account might indicate a stable but modest agricultural activity in the area, which could be of interest to potential investors, property developers, or those considering a move to the county.
Number of Mortgages by Occupancy Type in Webster County, GA Over the Last 5 Years in Webster County
The number of mortgages for principal residences in Webster County, Georgia has seen an upward trend over the past five years, with notable increases in 2020 and 2022. Conversely, mortgaging activity for investment and second residences has remained relatively stable and low. Shifts and changes in occupancy type can significantly influence property values, insurance costs, and investment opportunities, making it essential for investors, appraisers, and real estate agents to monitor these trends. For those considering moving to the area, understanding the dominant mortgage types can provide insights into community stability and future market potential.
Economic Outlook
Webster County, Georgia has shown a generally upward trend in average taxable income per tax return, rising from $35,126.60 in 2013 to $43,120.41 in 2021. Meanwhile, state and local income taxes have seen significant increases, particularly from $2,866.67 in 2015 to $5,766.67 in 2021. This trend indicates changing economic conditions that might affect the cost of living and investment opportunities. Average total tax liability per tax return also peaked in 2021 at $5,768.06, highlighting... Read more
Average Taxable Income per Tax Return in Webster County, GA over the last 9 years
Webster County, Georgia has seen a fluctuating yet generally upward trend in average taxable income per tax return over the last nine years. Starting at $35,126.60 in 2013, there were minor dips and rises, but the amount noticeably increased to $43,120.41 by 2021. Investors and potential residents might find these trends indicative of growing economic stability and higher earning potential in the area. However, careful consideration should be given to the variability observed over the years.
Average State and Local Income Taxes Per Tax Return in Webster County, GA Over the Last 10 Years
Webster County, Georgia has seen significant fluctuations in state and local income taxes per tax return over the past decade, with notable increases beginning in 2018. Taxes rose from $2,866.67 in 2015 to $5,766.67 by 2021. This upward trend suggests an evolving economic landscape that can impact the cost of living and investment opportunities in the area. Investors and potential new residents should consider these changes as they reflect shifts in local financial policies and broader economic health.
Average Total Tax Liability Per Tax Return in Webster County, GA Over the Last 10 Years
Webster County, Georgia has experienced fluctuations in average total tax liability per tax return over the last decade, ranging from a low of $4,067.24 in 2014 to a high of $5,768.06 in 2021. Notably, there has been a general upward trend, particularly in recent years, peaking in 2021. This data suggests a gradual increase in economic activity and potentially higher incomes among taxpayers, making it a zone of interest for investors and potential residents looking for economic growth and stability.
Cost of Living in Webster County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $988 | $1,500 | $1,807 | $1,048 | $1,149 |
1 adult 4 children | $988 | $1,225 | $1,382 | $1,048 | $1,197 |
2 adults 3 children | $988 | $1,225 | $1,567 | $1,048 | $906 |
1 adult 3 children | $988 | $1,000 | $1,142 | $1,048 | $952 |
2 adults 2 children | $772 | $1,003 | $1,328 | $908 | $806 |
1 adult 2 children | $772 | $749 | $903 | $908 | $729 |
2 adults 1 child | $772 | $793 | $1,089 | $454 | $762 |
1 adult 1 child | $772 | $512 | $664 | $454 | $634 |
2 adults | $606 | $637 | $850 | $0 | $663 |
1 adult | $602 | $347 | $425 | $0 | $574 |
Demographics
Webster County, Georgia has a roughly balanced gender distribution with slightly more males than females. The educational attainment is varied, with a substantial portion not advancing beyond high school, and a relatively small segment achieving a bachelor's degree or higher. Younger adults and middle-aged individuals form the bulk of the population, suggesting a working-age majority. The racial composition is predominantly White and Black or African American, with a smaller representation from... Read more
Race Distribution in Webster County, Georgia (2022)
Educational Attainment in Webster County, Georgia (2022)
Age Distribution in Webster County, Georgia
Citizen Population in Webster County, Georgia (2022)
Political Trends & Data
Webster County, Georgia saw approximately 54% of its voters lean Republican in the 2020 U.S. Presidential Election, with Democrats capturing around 46%. Libertarian support was nominal, hovering just above 0%, and no substantial backing emerged for other third-party candidates like the Green party. This Republican tilt might mirror broader regional trends or particular local issues that influenced voter... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Webster County, Georgia saw a majority lean towards the Republican party in the 2020 U.S. Presidential Election with about 54% of the votes, while Democrats garnered roughly 46%. Libertarian support was minimal, barely crossing the 0% mark. No significant backing emerged for the Green party or other third-party candidates. This Republican preference might reflect broader regional trends or local issues that swayed voter sentiment.
53.81% of voters voted for the Republican party in the 2020 Presidential Election
45.97% of voters voted for the Democrat party in the 2020 Presidential Election
0.22% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Webster County, Georgia has experienced a significant decrease in its student-to-teacher ratio, dropping from nearly 13 students per teacher in 2014 to just over 9 in 2023, compared to the national average of 14. This trend suggests an appealing environment for individual attention in schools, which could attract families and elevate local property values. Investors and real estate professionals might view this as a sign of increased desirability, while appraisers could consider the quality of... Read more
Student-to-teacher ratio in Webster County, Georgia over the last 10 years
Over the past decade, Webster County, Georgia has seen a noticeable decline in its student-to-teacher ratio, dropping from nearly 13 students per teacher in 2014 to just over 9 in 2023. While the national average stands at 14 students per teacher, Webster County consistently provides a more favorable environment for individual attention in the classroom. Such trends can be appealing for families moving into the area, offering assurance of smaller class sizes and potentially better educational outcomes. For investors and those in the real estate market, this can signal increased desirability and a stable or growing housing market, while appraisers might view the local schools' quality as a factor in property valuations. Insurance agents and builders may also note that lower ratios often correlate with fewer behavioral issues, impacting community safety and development positively.