Wilcox County Real Estate and Livability Trends
Wilcox County, Georgia's real estate market shows interesting trends, particularly for those looking into affordable housing and investment opportunities. Median home values have stabilized around $65,300, significantly lower than state and national averages, appealing to budget-conscious buyers and investors. Steady rises in residential energy tax credits reflect a local push towards energy... Read more
Wilcox County Market Trends
The median home values in Wilcox County, Georgia, have generally remained below state and national averages, peaking at $69,800 in 2017 and stabilizing around $65,300 by 2022. This lower pricing might appeal to buyers seeking more affordable living conditions or investment opportunities, contrasting sharply with the state's increase to $245,900 and the national rise to $179,400. Additionally, the... Read more
Median Value of Occupied Housing Units in Wilcox County, Georgia Over the Last 8 Years
The median home values in Wilcox County, Georgia, have mostly fluctuated below the state and national averages over the last eight years, peaking at $69,800 in 2017 before stabilizing around $65,300 by 2022. This is significantly lower compared to the median home values in Georgia, which saw a sharp rise from $148,100 in 2015 to $245,900 in 2022, and the national trend, where values surged from $125,500 to $179,400 over the same period. Lower median home values in Wilcox County might indicate more affordable investment opportunities or living conditions compared to broader state and national options.
Residential Energy Tax Credit Per Tax Return in Wilcox County, GA Over the Last 5 Years
Wilcox County, Georgia, has seen a consistent increase in residential energy tax credits over the past several years. Average credits per tax return have grown from $325.00 in 2013 to $525.00 in 2020, highlighting a trend towards greater energy efficiency investments by homeowners. This uptick is encouraging for investors and developers, indicating strong community interest in sustainable living and potential savings on energy costs.
Average Real Estate Taxes Per Tax Return in Wilcox County, GA Over the Last 10 Years
Over the past decade, Wilcox County, Georgia has seen significant fluctuations in real estate taxes per tax return, with a general upward trend. Starting at around $1,544.19 in 2012, the average tax increased to $2,450.00 by 2021, spiking notably in 2020 at $2,537.50. This pattern may indicate rising property values and could be a crucial consideration for potential investors and homeowners looking at long-term tax implications.
Percentage of Farm Returns in Wilcox County, GA Over the Last 10 Years
Over the last ten years, Wilcox County, Georgia has seen fluctuations in the percentage of farm tax returns filed. Starting at around 11.47% in 2012, the number peaked at approximately 12.98% in 2018 before dropping to around 10.23% in 2020 and 2021. This shifting trend suggests an underlying complexity in the agricultural economy of the area, potentially influenced by market conditions and policy changes. These figures provide critical insights for potential investors and property developers, as they hint at the stability and vitality of the local farming sector, a significant factor to consider when planning investments or relocations in the region.
Number of Mortgages by Occupancy Type in Wilcox County, GA Over the Last 5 Years in Wilcox County
In Wilcox County, Georgia, the last five years have shown a notable increase in the number of principal residence mortgages, jumping from 120 in 2018 to 185 in 2022. Interestingly, investment property mortgages have seen a significant decline from 18 in 2019 to just 3 in 2022. The relatively stable but low numbers of second residence mortgages, consistently around 3 to 5 annually, highlight its minimal yet steady demand. Such changes in occupancy type might matter because they could indicate shifting economic conditions or demographic trends. For investors, the dwindling interest in investment properties could signal a saturated rental market or declining property values. For homebuyers or builders, the rising principal residence numbers might suggest a growing, stable community, which could be appealing for long-term living. For real estate agents and appraisers, these trends are crucial for pricing strategies and market forecasts, while insurance agents might adjust risk assessments based on these occupancy updates.
Economic Outlook
In Wilcox County, Georgia, the average taxable income per tax return has been climbing over the past nine years, hitting a high of around $39,877.53 in 2021. Meanwhile, state and local income taxes per tax return peaked at $3,909.09, with notable volatility suggesting an unstable local economy. The total tax liability has also seen an increase, peaking at $5,187.76 in 2021, which could indicate rising incomes but also highlights potential financial planning challenges. This economic data might... Read more
Average Taxable Income per Tax Return in Wilcox County, GA over the last 9 years
Over the past nine years, average taxable income per tax return in Wilcox County, Georgia has exhibited a general upward trend despite minor fluctuations. Starting at approximately $34,065.45 in 2013, it peaked twice, notably at around $37,801.92 in 2017 and reaching a high of about $39,877.53 in 2021. This rising trend could entice investors and new residents, suggesting a gradually improving economic environment. However, occasional dips—such as in 2019—indicate some volatility, which is important for financial planning and forecasting potential returns.
Average State and Local Income Taxes Per Tax Return in Wilcox County, GA Over the Last 10 Years
In Wilcox County, Georgia, state and local income taxes per tax return have seen a fluctuating trend over the past decade, ranging from $3,237.50 in 2019 to a peak of $3,909.09 in 2021. This volatility suggests a somewhat unstable local economy, which potential investors and residents should consider. Notably, 2015 and 2018 also experienced higher-than-average tax values, indicating periodic increases that might reflect economic changes or policy adjustments impacting disposable income. This data is crucial for anyone considering financial decisions related to property investment, relocation, or business development in the area, providing insight into the local tax burden's potential impact.
Average Total Tax Liability Per Tax Return in Wilcox County, GA Over the Last 10 Years
The average total tax liability per tax return in Wilcox County, Georgia has seen notable fluctuations over the past decade, with a general upward trend. Starting at $4,431.07 in 2012, the tax liability dipped to $4,038.98 in 2013 but gradually climbed to $5,187.76 by 2021. This increase suggests a rising economic activity and possibly higher incomes in the area, making it an important consideration for potential investors and those looking to move to or build property in the county. Moreover, it may impact residents' financial planning and the cost of living in Wilcox County.
Cost of Living in Wilcox County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,097 | $1,299 | $1,619 | $1,048 | $1,018 |
| 1 adult 4 children | $1,097 | $1,061 | $1,237 | $1,048 | $1,084 |
| 2 adults 3 children | $1,097 | $1,061 | $1,405 | $1,048 | $826 |
| 1 adult 3 children | $1,097 | $866 | $1,023 | $1,048 | $865 |
| 2 adults 2 children | $772 | $869 | $1,192 | $908 | $704 |
| 1 adult 2 children | $772 | $649 | $809 | $908 | $631 |
| 2 adults 1 child | $772 | $687 | $978 | $454 | $680 |
| 1 adult 1 child | $772 | $443 | $596 | $454 | $579 |
| 2 adults | $606 | $552 | $764 | $0 | $600 |
| 1 adult | $602 | $301 | $382 | $0 | $538 |
Safety trends & Data
Wilcox County, Georgia's fluctuating property crime trends may catch the eye of investors and potential residents. Burglary incidents peaked in 2019 with 7 cases but saw a significant drop in subsequent years. Larceny-theft showed a noticeable decline by 2021, though it slightly rose again in 2022. Newly reported motor vehicle theft and forgery could signal emerging issues worth monitoring, potentially impacting real estate decisions and insurance... Read more
Property Crime Trends in Wilcox County, GA Over the Last 4 Years
Wilcox County, Georgia has seen fluctuating trends in property crime over the past four years. Burglary incidents peaked in 2019 with 7 reported cases but then dropped significantly in the following years. Larceny-theft also varied, showing a noticeable decline by 2021 with just 1 incident, though it slightly increased again in 2022 with 3 cases. Noteworthy is the introduction of motor vehicle theft and forgery in the reported crimes, indicating potential emerging issues. These shifts in crime trends may influence decisions for investors, potential residents, real estate professionals, and insurance assessments.
Demographics
Wilcox County, Georgia shows a significant male majority, highlighting a demographic imbalance that could impact community dynamics. Educational attainment data suggests large portions of the population have not pursued education beyond high school, which might affect local workforce diversity and economic opportunities. The age distribution indicates a relatively balanced spread across age groups, suggesting persistent stability but also a potential need for services catering to both younger... Read more
Race Distribution in Wilcox County, Georgia (2022)
Educational Attainment in Wilcox County, Georgia (2022)
Age Distribution in Wilcox County, Georgia
Citizen Population in Wilcox County, Georgia (2022)
Political Trends & Data
Wilcox County, Georgia, leans heavily Republican based on 2020 presidential election data, with about 73% of votes potentially going to the GOP. Democrats might have garnered around 26%, while third-party impacts were seemingly negligible. This could suggest a politically homogeneous environment with minimal influence from outside the two main... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Wilcox County, Georgia, the 2020 U.S. Presidential Election results might imply a strong Republican presence, with approximately 73% of the votes potentially cast for the GOP. Democrats seem to trail significantly, perhaps capturing around 26% of the vote, while the Libertarian Party's influence might be minimal, registering just under 0.5%. The Green Party appears to have had no measurable support. This distribution could suggest a fairly homogeneous political landscape in the county, with little to no sway from third-party candidates.
73.24% of voters voted for the Republican party in the 2020 Presidential Election
26.27% of voters voted for the Democrat party in the 2020 Presidential Election
0.49% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Wilcox County, Georgia, the student-to-teacher ratio has mostly stayed above the national average, varying between 14.7 and 16.2 over the past decade. This might hint at growing student populations without enough new teacher hires. Such trends could signal expanding communities, relevant for investors and builders. Real estate and insurance agents might use this data to inform families looking to relocate, while residents can gauge changes in classroom environments and teaching... Read more
Student-to-teacher ratio in Wilcox County, Georgia over the last 10 years
Over the past decade, the student-to-teacher ratio in Wilcox County, Georgia has fluctuated, generally hovering above the current national average of 14 students per teacher, with values ranging from approximately 14.7 to 16.2. Investors and builders might find these trends relevant, as a higher student-to-teacher ratio could hint at growing student populations without a proportional increase in teacher hires, potentially signaling expanding communities. Real estate agents and insurance agents might see these trends as indicative of the county's educational resources, informing decisions for families considering relocating. For current residents, understanding shifts in these ratios can help gauge changes in classroom environments and teaching quality.
