Whitfield County Real Estate and Livability Trends
In Whitfield County, Georgia, median home values have seen a moderate increase over eight years, growing from $120,400 in 2015 to $175,000 in 2022, suggesting steady, though not explosive, property value appreciation. Investment in energy-efficient upgrades is noticeable, with residential energy tax credits spiking in 2018, pointing to a local interest in green technology. Meanwhile, average real... Read more
Whitfield County Market Trends
Whitfield County, Georgia has experienced an intriguing and more moderate rise in median home values over the past eight years compared to state and national figures, moving from $120,400 in 2015 to $175,000 in 2022. The fluctuation in residential energy tax credits, particularly the spike to $1,175.00 per tax return in 2018, highlights a significant local investment in energy-efficient upgrades.... Read more
Median Value of Occupied Housing Units in Whitfield County, Georgia Over the Last 8 Years
Whitfield County, Georgia has seen a significant rise in median home values over the past 8 years, going from $120,400 in 2015 to $175,000 in 2022. This increase is particularly interesting when compared to the state of Georgia and national figures. While Georgia's median home value grew from $148,100 to $245,900, and the U.S. went from $125,500 to $179,400 in the same period, Whitfield County's growth rate was relatively more moderate. For investors and potential homeowners eyeing Whitfield County, this trend suggests a growing market with potential for further appreciation, though it remains more affordable than the state overall.
Residential Energy Tax Credit Per Tax Return in Whitfield County, GA Over the Last 9 Years
Residential energy tax credits in Whitfield County, Georgia have fluctuated over the past nine years, with notable peaks in 2017, 2018, and 2021. The sharp increase in 2018 to $1175.00 per tax return suggests substantial investments in energy-efficient upgrades. This trend indicates a heightened awareness and willingness among residents to invest in energy-saving improvements, making it a potentially lucrative area for investments in green technologies and energy-efficient property developments.
Average Real Estate Taxes Per Tax Return in Whitfield County, GA Over the Last 10 Years
Whitfield County, Georgia has seen a noticeable increase in average real estate taxes over the past decade, with a significant jump between 2017 and 2018 from $2,559.60 to $3,709.25. After peaking at $3,788.37 in 2019, there has been a slight downward trend, with taxes stabilizing around $3,671.27 in 2021. This upswing in real estate taxes could indicate rising property values or increased local government funding needs. Those considering investment, relocation, or real estate activities in Whitfield County should account for potentially higher tax obligations affecting overall property costs and returns.
Percentage of Farm Returns in Whitfield County, GA Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Whitfield County, Georgia, has shown a slight downward trend, starting at approximately 1% in 2012 and decreasing to around 0.81% by 2021. Farm tax returns typically gauge the financial health and activity level within the agricultural sector, and this subtle decline may suggest a decrease in local farming activities or a shift towards other forms of income. For investors, builders, and potential residents, understanding this trend could be crucial as it reflects broader economic shifts and could hint at changing land use patterns.
Number of Mortgages by Occupancy Type in Whitfield County, GA Over the Last 5 Years in Whitfield County
Whitfield County, Georgia has shown a noticeable shift in mortgage counts by occupancy type over the last five years. Principal Residence mortgages have consistently dominated but spiked significantly in 2021, suggesting an increased demand for primary homes possibly driven by market conditions or shifts in lifestyle preferences. Investment Property mortgages, while significantly fewer, have remained relatively stable, indicating steady interest in real estate investments. Second Residence mortgages have seen minimal figures, revealing limited demand for vacation or secondary homes. Understanding these trends is crucial for investors, builders, and real estate agents as it speaks volumes about where the majority of market interest lies, impacting decisions related to housing development, investment opportunities, and property values. Knowing that there is a prominent demand for primary residences can guide developers to focus on projects that cater to these buyers, while insurance agents might need to adjust policies for a market with high owner-occupancy rates.
Economic Outlook
Whitfield County, Georgia, has experienced substantial variations in average taxable income, with an increase from $46,238.92 in 2013 to a peak of $65,700.89 in 2021. Meanwhile, state and local income taxes saw a sharp rise, jumping from $5,693.12 in 2012 to $16,160.00 in 2021, highlighting a growing tax burden. Total tax liability also fluctuated, reaching a peak of $11,249.84 in 2018 before settling at $10,611.34 in 2021. Interestingly, the county's poverty rate peaked at 22.2% in 2014 but... Read more
Average Taxable Income per Tax Return in Whitfield County, GA over the last 9 years
Whitfield County, Georgia has seen a notable fluctuation in average taxable income per tax return over the past nine years. In 2013, it stood at approximately $46,238.92, eventually peaking at around $65,700.89 in 2021. The significant jump in 2018, reaching $61,972.55, is particularly interesting, considering the subsequent dip before a steady rise again by 2021. This variability could be indicative of economic changes or regional development impacting resident earnings and could be a crucial factor for anyone looking to invest, move, or build property in the area.
Average State and Local Income Taxes Per Tax Return in Whitfield County, GA Over the Last 10 Years
In Whitfield County, Georgia, average state and local income taxes per tax return have seen a significant increase over the past decade. Notably, the amounts jumped from $5,693.12 in 2012 to $16,160.00 in 2021. This sharp rise, especially between 2017 ($6,805.26) and 2018 ($12,675.10), suggests a rapidly escalating tax burden. The considerable hike in tax levels may influence investment decisions, property developments, and overall cost of living assessments for those considering moving to or living in the area.
Average Total Tax Liability Per Tax Return in Whitfield County, GA Over the Last 10 Years
In Whitfield County, Georgia, the average total tax liability per tax return has displayed notable fluctuations over the last decade. From a low of $7,944.49 in 2014, the figure surged to a high of $11,249.84 in 2018. More recently, a spike to $10,611.34 in 2021 suggests a continued upward trend. These variations reflect underlying economic shifts, potentially making Whitfield County an intriguing area for investors and potential residents analyzing tax commitments and financial health.
Cost of Living in Whitfield County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,138 | $1,327 | $1,755 | $1,313 | $1,127 |
| 1 adult 4 children | $1,138 | $1,084 | $1,341 | $1,313 | $1,195 |
| 2 adults 3 children | $1,138 | $1,084 | $1,524 | $1,313 | $909 |
| 1 adult 3 children | $1,138 | $885 | $1,109 | $1,313 | $976 |
| 2 adults 2 children | $862 | $887 | $1,292 | $1,148 | $796 |
| 1 adult 2 children | $862 | $663 | $878 | $1,148 | $738 |
| 2 adults 1 child | $862 | $701 | $1,060 | $614 | $749 |
| 1 adult 1 child | $862 | $453 | $646 | $614 | $641 |
| 2 adults | $655 | $563 | $829 | $0 | $611 |
| 1 adult | $590 | $307 | $414 | $0 | $526 |
Safety trends & Data
Whitfield County, Georgia has experienced significant reductions in property crime over the past five years, particularly in burglary and larceny-theft, which dropped from 70.0 and 564.0 instances in 2018 to 19.0 and 143.0 in 2020, respectively. Vandalism and fraud rates have also generally declined, reflecting potential improvements in law enforcement or community engagement, key factors for investors and property... Read more
Property Crime Trends in Whitfield County, GA Over the Last 5 Years
Whitfield County, Georgia has seen interesting shifts in property crime over the past five years. While 2018 had higher instances of crimes like burglary at 70.0 and larceny-theft at 564.0, there was a noticeable reduction in 2020, particularly in instances of burglary (19.0) and larceny-theft (143.0). Crimes such as vandalism and fraud have generally fluctuated but saw a decline from 2018 to 2022. This trend could signal improved law enforcement or community engagement, which is important for those considering investments or property developments in the area.
Demographics
Whitfield County, Georgia showcases an almost balanced gender distribution, with a slight tilt towards more women living in the area. Educational attainment reveals a significant segment of the population having a high school diploma or some college education but relatively fewer individuals holding graduate degrees. In terms of age, a considerable proportion falls within the 25-54 age range, indicating a potentially active workforce. The racial composition is predominantly White, with smaller... Read more
Race Distribution in Whitfield County, Georgia (2022)
Educational Attainment in Whitfield County, Georgia (2022)
Age Distribution in Whitfield County, Georgia
Citizen Population in Whitfield County, Georgia (2022)
Political Trends & Data
Whitfield County in Georgia has a noticeable Republican tilt, with around 70% of the 2020 U.S. presidential votes likely going to Republican candidates. Democrats earned about 29% of the vote, indicating a much smaller but still significant presence. Third parties, such as the Libertarian party, contributed minimally, with less than 2% of the vote. This political landscape could shape local policy decisions and community priorities, reflecting the county's predominant political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Whitfield County in Georgia leaned heavily towards the Republican party in the 2020 U.S. presidential election, with nearly 70% of the vote potentially going to Republican candidates. Democrats captured roughly 29% of the vote, while third parties like the Libertarian party accounted for a minor fraction, less than 2%. This distribution suggests a strong Republican presence, potentially influencing local political dynamics and policy directions.
69.77% of voters voted for the Republican party in the 2020 Presidential Election
29.04% of voters voted for the Democrat party in the 2020 Presidential Election
1.20% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Whitfield County, Georgia, has seen its student-to-teacher ratio drop from 14.97 in 2014 to 13.21 in 2023, now below the national average of fourteen students per teacher. This trend suggests smaller class sizes and potentially more individualized attention for students, which could enhance property values and community appeal. Real estate agents, appraisers, and insurance agents might find this data relevant, as educational quality is often a crucial factor for families considering... Read more
Student-to-teacher ratio in Whitfield County, Georgia over the last 10 years
Whitfield County, Georgia, has experienced a decline in its student-to-teacher ratio over the last decade, moving from 14.97 in 2014 to 13.21 in 2023. This shift brings the county well below the current national average of fourteen students per teacher, potentially indicating smaller class sizes and more individualized attention for students. For those looking to invest in the area, this trend might be a positive indicator of an improving educational environment, which could enhance property values and community appeal. Real estate agents, appraisers, and insurance agents might find such data relevant in their assessments and recommendations, as educational quality is often a key factor for families and professionals considering relocation.
