Wilkes County Real Estate and Livability Trends
Wilkes County, Georgia has seen median home values grow from $79,000 in 2020 to $92,500 in 2022, making it a relatively affordable option compared to state and national averages. Average taxable incomes have risen to $52,289 by 2021, enhancing the area's appeal to potential investors. However, increasing real estate and local taxes, peaking at $7,537.50 in 2021, might impact financial decisions... Read more
Wilkes County Market Trends
Wilkes County, Georgia's median home values rebounded from $79,000 in 2020 to $92,500 in 2022, standing well below the state and national averages, making it a more affordable market for homebuyers and investors. Residential energy tax credits peaked at $1,100.00 in 2019, indicating heightened interest in energy-efficient home improvements. Real estate taxes have trended upwards, reaching... Read more
Median Value of Occupied Housing Units in Wilkes County, Georgia Over the Last 8 Years
Wilkes County, Georgia, experienced a fluctuating pattern in median home values over the past eight years, dipping to $79,000 in 2020 before rebounding to $92,500 in 2022. Compared to the state of Georgia, which saw a steady increase from $148,100 in 2015 to $245,900 in 2022, Wilkes County's values are considerably lower. Nationally, median home values also rose consistently, from $125,500 in 2015 to $179,400 in 2022. For potential homebuyers or investors, Wilkes County offers a more affordable entry point relative to both state and national averages.
Residential Energy Tax Credit Per Tax Return in Wilkes County, GA Over the Last 7 Years
Recent trends in Wilkes County, Georgia show a significant rise in residential energy tax credits, with notable peaks in 2019 at $1100.00 per tax return. This spike suggests growing investment in energy-efficient home improvements, making the county increasingly attractive for eco-conscious investors and homeowners. The varying amounts in subsequent years—$750.00 in 2020 and $725.00 in 2021—reflect ongoing interest and potential for tax savings in sustainable living. This data highlights opportunities for property developers and new residents prioritizing energy efficiency.
Average Real Estate Taxes Per Tax Return in Wilkes County, GA Over the Last 10 Years
In Wilkes County, Georgia, real estate taxes per tax return have shown some variability over the past decade, with a notable uptick in recent years. In 2012, the average tax was around $3,066.67, dipping to $2,458.57 by 2014, but rebounding to $3,593.75 by 2021. This increasing trend in recent years may signal rising property values or potential adjustments in local tax rates, making the region a point of interest for investors, homeowners, and real estate professionals evaluating long-term property costs.
Percentage of Farm Returns in Wilkes County, GA Over the Last 10 Years
Farm tax returns in Wilkes County, Georgia demonstrate fluctuating trends over the past decade, reaching a peak of approximately 7.75% in both 2017 and 2018 and a notable dip to around 6.26% in 2020. For those considering agricultural investments, this variability might suggest cyclical factors affecting farm profitability and the broader economic conditions impacting farming viability. It's evident that farm activity remains a significant part of the local economy, but it's subject to fluctuations that prospective investors should consider when planning.
Number of Mortgages by Occupancy Type in Wilkes County, GA Over the Last 5 Years in Wilkes County
In Wilkes County, Georgia, the number of mortgages for principal residences has shown considerable variation, peaking at 388 in 2021 before slightly declining to 269 in 2022. Investment property mortgages have remained relatively stable, hovering around 30 to 38 per year, while second residence mortgages have fluctuated minimally. These shifts could impact local housing prices, rental markets, and insurance rates. Tracking these trends is crucial for potential investors, builders, and real estate agents as they signal buyer preferences and market health.
Economic Outlook
Wilkes County, Georgia has experienced a notable rise in average taxable incomes, jumping from $36,276 in 2013 to about $52,289 by 2021. This positive trend hints at economic development and could make the area more attractive to investors. Additionally, state and local income taxes per tax return have shown a significant increase, particularly since 2017, reaching $7,537.50 in 2021. While reflecting an expanding local economy, this uptick in tax liabilities, peaking at $7,447.59 by 2021,... Read more
Average Taxable Income per Tax Return in Wilkes County, GA over the last 9 years
Over the past nine years, Wilkes County, Georgia has seen a steady increase in average taxable income per tax return, climbing from approximately $36,276 in 2013 to around $52,289 by 2021. This upward trend suggests a potentially growing economic base, making the area increasingly attractive for investors and potential residents. The consistent rise in income levels could indicate economic development, improved employment opportunities, or higher wages in the region. This pattern may signal a favorable environment for real estate investments and new business ventures.
Average State and Local Income Taxes Per Tax Return in Wilkes County, GA Over the Last 10 Years
Wilkes County, Georgia has seen a significant upward trend in average state and local income taxes per tax return over the past decade. Starting at $3,958.44 in 2012, this figure has risen steadily, spiking dramatically to $7,537.50 by 2021. This consistent increase, particularly the sharp rise post-2017, is crucial for potential investors, residents, and property developers to consider as it impacts the overall financial landscape of the area. Current and prospective inhabitants can expect higher tax burdens, which also suggests an expanding local economy and possibly improved public services or infrastructure.
Average Total Tax Liability Per Tax Return in Wilkes County, GA Over the Last 10 Years
Over the past decade, Wilkes County, Georgia has seen significant fluctuations in average total tax liability per tax return, peaking at $7,447.59 in 2021. The consistent upward trend, notable particularly from 2016 onwards, suggests an increasing economic burden or growing incomes for residents. This ongoing rise in tax liability can influence decisions for potential investors and residents, highlighting the economic shifts and possibly improving county services due to the higher tax revenues.
Cost of Living in Wilkes County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,045 | $1,239 | $2,059 | $1,048 | $1,094 |
| 1 adult 4 children | $1,045 | $1,012 | $1,576 | $1,048 | $1,137 |
| 2 adults 3 children | $1,045 | $1,012 | $1,785 | $1,048 | $874 |
| 1 adult 3 children | $1,045 | $826 | $1,303 | $1,048 | $902 |
| 2 adults 2 children | $797 | $828 | $1,512 | $908 | $769 |
| 1 adult 2 children | $797 | $619 | $1,029 | $908 | $684 |
| 2 adults 1 child | $797 | $655 | $1,238 | $454 | $733 |
| 1 adult 1 child | $797 | $423 | $756 | $454 | $610 |
| 2 adults | $605 | $526 | $965 | $0 | $630 |
| 1 adult | $601 | $287 | $482 | $0 | $550 |
Safety trends & Data
Wilkes County, Georgia, has seen varying property crime trends over the last five years, with spikes in forgery and counterfeiting arrests in 2019 and a notable drop in burglary arrests by 2020. Larceny remains problematic, dipping in 2019 but rising afterward. These shifting crime patterns could impact decisions for investors, real estate agents, and residents concerned with community safety and property... Read more
Property Crime Trends in Wilkes County, GA Over the Last 5 Years
Over the past five years, Wilkes County, Georgia, has seen fluctuations in property crimes with notable spikes and declines. For instance, Forgery and Counterfeiting arrests peaked in 2019 at 27.00, while Burglary arrests dropped significantly by 2020 and slightly increased again by 2021. Larceny - Theft remains a consistent issue, with an unusual dip in 2019 followed by a rise in subsequent years. Motor Vehicle Theft and Vandalism experienced variations, indicating inconsistent patterns. This shifting landscape in property crime trends may influence decisions for potential investors, real estate agents, and residents looking for insights into community safety and property valuation.
Demographics
In Wilkes County, Georgia, data from 2022 suggests a higher female population compared to males. Educational attainment shows a significant portion of residents being high school graduates, but there's a noticeable drop-off in higher educational levels. The age distribution skews towards an older population, with a substantial number aged 55 and above. When it comes to race, the majority identify as White, followed by Black or African American, with other races making up a small... Read more
Race Distribution in Wilkes County, Georgia (2022)
Educational Attainment in Wilkes County, Georgia (2022)
Age Distribution in Wilkes County, Georgia
Citizen Population in Wilkes County, Georgia (2022)
Political Trends & Data
In Wilkes County, Georgia, the 2020 Presidential Election results indicate a possible Republican stronghold with about 56% of the votes, while Democrats garnered roughly 43%, and Libertarians had minimal influence with under 1%. This Republican tilt is noteworthy but doesn't completely overshadow the Democratic presence, which could be substantial enough to affect future political strategies and outcomes. Such electoral dynamics offer valuable insight into the local political climate and its... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Wilkes County, Georgia, the 2020 Presidential Election vote distribution suggests that Republicans potentially maintain a significant lead with approximately 56% of votes, whereas Democrats secured around 43%. Libertarians barely made an impact with just under 1%. This pattern could indicate that the county leans Republican, though the Democrat vote share shouldn't be entirely discounted, reflecting a meaningful portion of the electorate. Such dynamics are essential for understanding local political landscapes and predicting future electoral shifts.
56.13% of voters voted for the Republican party in the 2020 Presidential Election
42.95% of voters voted for the Democrat party in the 2020 Presidential Election
0.91% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Wilkes County, Georgia's student-to-teacher ratio has fluctuated over the past decade, peaking at 15 students per teacher in 2021 before dropping to about 13.6 in 2023. This trend might be important for investors and real estate agents, as a lower student-to-teacher ratio could make the area more attractive to families, potentially affecting property values. Insurance agents and appraisers could use this data to better gauge community engagement and determine insurance premiums and property... Read more
Student-to-teacher ratio in Wilkes County, Georgia over the last 10 years
Wilkes County, Georgia has shown some variability in its student-to-teacher ratio over the past decade, generally hovering around the national average of 14 students per teacher. Notably, the ratio peaked at 15 students per teacher in 2021 but has since decreased to approximately 13.6 in 2023. These fluctuations could be significant for investors and real estate agents because a favorable student-to-teacher ratio can make the area more attractive to families, potentially influencing property values. For insurance agents and appraisers, understanding these trends can help in better assessing community engagement and resource allocation, impacting insurance premiums and property appraisals. For those looking to build property, this insight can guide the development of educational amenities, making the location more appealing to prospective buyers or tenants.
