Worth County Real Estate and Livability Trends
Worth County, Georgia is revealing promising economic indicators, with average taxable income climbing from around $38,150.64 in 2013 to approximately $50,463.82 by 2021, signifying potential economic growth. Home values have also surged to about $98,000 in 2022, making the area notably more affordable than Georgia's statewide median of $245,900. Residential energy tax credits increasing from... Read more
Worth County Market Trends
Worth County, Georgia has seen home values rise significantly, peaking at $98,000 in 2022, making it more affordable compared to Georgia's statewide median of $245,900. Alongside property value appreciation, residential energy tax credits have surged from $491.67 in 2013 to $1,795.24 in 2021, indicating increased community investment in energy efficiency. Real estate taxes per return have also... Read more
Median Value of Occupied Housing Units in Worth County, Georgia Over the Last 8 Years
Worth County, Georgia has seen significant rises in median home values over the past eight years, peaking at $98,000 in 2022. This brings the area into sharp contrast with Georgia's statewide median, which reached $245,900 the same year, and the national median hitting $179,400. For those looking to invest or move to Worth County, these values suggest a more accessible market compared to broader state and national trends. The county's affordability combined with steady appreciation might make it an attractive option for potential homeowners and investors alike.
Residential Energy Tax Credit Per Tax Return in Worth County, GA Over the Last 9 Years
Worth County, Georgia has experienced a significant increase in residential energy tax credits per tax return over the past nine years, growing from an average of $491.67 in 2013 to $1,795.24 in 2021. This upward trend highlights a growing community investment in energy efficiency and renewable energy solutions, making the location increasingly attractive for environmentally conscious investors and residents. The substantial rise, especially noted between 2018 and 2021, signals a robust shift towards sustainable living, offering valuable incentives for both existing homeowners and potential investors interested in green real estate development.
Average Real Estate Taxes Per Tax Return in Worth County, GA Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Worth County, Georgia have shown a notable upward trend. From approximately $1,592.70 in 2012, taxes have increased steadily to around $2,853.85 by 2021. This rising pattern may be due to property value appreciation, making Worth County potentially a growing market. For those looking to invest or assessing property values, this trend might signal a robust opportunity for future returns, although caution is warranted given the significant jump between 2017 and 2018.
Percentage of Farm Returns in Worth County, GA Over the Last 10 Years
Over the last decade, Worth County, Georgia has shown small fluctuations in the percentage of farm tax returns, with figures hovering around 5.38% to 6.08%. This stability could suggest a relatively consistent farming economy, making it potentially appealing for investors and property developers looking for a steady agricultural market. Farm tax returns, essentially the filing of income generated from farming activities, are a good indicator of the agricultural sector's health in the area, providing valuable insights for those interested in the local economic landscape.
Number of Mortgages by Occupancy Type in Worth County, GA Over the Last 5 Years in Worth County
Over the past five years, Worth County, Georgia has seen a strong and relatively consistent demand for principal residences, showing a notable increase from 2018 to 2022. Investment property mortgages have also slightly risen, albeit at a slower pace compared to principal residences. Second residence mortgages have remained fairly stable but represent a minor portion of the market. Shifts in occupancy types could indicate broader socio-economic trends, such as shifts in population dynamics, investor confidence, or changes in local economic conditions. This data can aid investors, real estate agents, appraisers, and insurance agents in understanding market trends and making informed decisions about property investments and developments in Worth County.
Economic Outlook
Worth County, Georgia has experienced a notable rise in average taxable income per tax return, climbing from around $38,150.64 in 2013 to roughly $50,463.82 by 2021. This consistent increase could signal economic growth, appealing to new residents, developers, and investors. At the same time, average state and local income taxes per tax return have grown from $3,852.46 in 2012 to $6,512.77 by 2021, further suggesting a thriving local economy. Despite fluctuations, the average total tax... Read more
Average Taxable Income per Tax Return in Worth County, GA over the last 9 years
Worth County, Georgia has seen a steady increase in average taxable income per tax return over the past nine years. Starting at approximately $38,150.64 in 2013, the income levels have gradually climbed, reaching about $50,463.82 by 2021. This uptrend could potentially indicate economic growth and may make the county an appealing option for investors, new residents, and developers interested in an area with gradually rising incomes. This consistent growth, despite fluctuations, points to an underlying resilience and possibly improved employment opportunities or a diversifying economy.
Average State and Local Income Taxes Per Tax Return in Worth County, GA Over the Last 10 Years
Worth County, Georgia has seen a steady increase in average state and local income taxes per tax return over the past decade. In 2012, the average tax per return was $3852.46, rising to $6512.77 by 2021. This upward trend indicates growing economic activity and potentially higher incomes in the area, reflecting a robust financial environment. For those considering moving to, investing in, or developing property in Worth County, this growth suggests a thriving local economy with increasing tax contributions underscoring potential prosperity.
Average Total Tax Liability Per Tax Return in Worth County, GA Over the Last 10 Years
The average total tax liability per tax return in Worth County, Georgia, has shown notable fluctuations over the past decade, peaking at $6,818.24 in 2021. It dropped to its lowest point at $4,854.36 in 2014 but has generally trended upwards since 2015. This rising tax liability trend indicates potential economic growth or policy changes impacting local taxation, making it essential information for investors and residents planning long-term financial strategies and community development.
Cost of Living in Worth County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,143 | $1,259 | $1,644 | $1,074 | $1,009 |
| 1 adult 4 children | $1,143 | $1,028 | $1,255 | $1,074 | $1,076 |
| 2 adults 3 children | $1,143 | $1,028 | $1,427 | $1,074 | $823 |
| 1 adult 3 children | $1,143 | $839 | $1,038 | $1,074 | $863 |
| 2 adults 2 children | $872 | $842 | $1,211 | $935 | $725 |
| 1 adult 2 children | $872 | $629 | $822 | $935 | $661 |
| 2 adults 1 child | $872 | $665 | $994 | $481 | $705 |
| 1 adult 1 child | $872 | $430 | $605 | $481 | $607 |
| 2 adults | $742 | $534 | $778 | $0 | $633 |
| 1 adult | $729 | $292 | $389 | $0 | $573 |
Safety trends & Data
Worth County, Georgia has experienced a significant downturn in burglary and larceny-theft arrests over the past five years, with burglary arrests decreasing from 23 in 2018 to just 1 in 2022, and larceny-theft arrests going from 28 to 13. Vandalism saw spikes in 2018 and 2021 with 28 arrests, but has since dropped. These crime trends highlight changes in local safety that could influence investment decisions, real estate valuations, and insurance rates. Fraud and motor vehicle theft arrests... Read more
Property Crime Trends in Worth County, GA Over the Last 5 Years
Worth County, Georgia has seen a steady decline in burglary and larceny-theft arrests over the past five years, with burglary arrests dropping from 23 in 2018 to just 1 in 2022 and larceny-theft arrests decreasing from 28 to 13 in the same period. Vandalism cases spiked notably in 2018 and 2021, reaching as high as 28 arrests before falling significantly. These trends suggest a shifting focus in types of property crimes, impacting considerations for investment, real estate, and insurance in the area. Notably, fraud and motor vehicle theft arrests have remained relatively stable, which could inform risk assessments for potential home buyers and businesses.
Demographics
Worth County, Georgia, shows a slightly higher female population compared to males. Education-wise, most residents have a high school level education, with a small fraction holding graduate or professional degrees. Age-wise, the county has a balanced distribution across age groups but leans towards an older population. Racially, the majority are White, with a substantial African American community and smaller representations from other racial backgrounds. This spread influences local economy,... Read more
Race Distribution in Worth County, Georgia (2022)
Educational Attainment in Worth County, Georgia (2022)
Age Distribution in Worth County, Georgia
Citizen Population in Worth County, Georgia (2022)
Political Trends & Data
Worth County, Georgia, showed a marked preference for the Republican party in the 2020 U.S. Presidential Election, with an estimated 73% of the vote compared to about 26% for Democrats and a negligible 0.6% for Libertarians. This strong Republican leaning might indicate enduring conservative values in the area, potentially influenced by regional or demographic... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Worth County, Georgia, exhibited a substantial leaning towards the Republican party in the 2020 U.S. Presidential Election with potentially around 73% of the vote, while Democrats would have captured approximately 26%. Libertarian support was minimal, roughly at 0.6%, and other minor parties barely registered. This significant Republican majority might reflect broader regional or demographic trends, suggesting a possibly steadfast conservative stronghold in this part of Georgia.
73.56% of voters voted for the Republican party in the 2020 Presidential Election
25.79% of voters voted for the Democrat party in the 2020 Presidential Election
0.65% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Worth County, Georgia’s student-to-teacher ratio saw considerable changes over the past decade, swinging from around 15 in 2014 to peaking at nearly 21 in 2019, far exceeding the national average. Since then, the ratio has decreased back to roughly 15 by 2023. These shifts might suggest fluctuations in school resource availability, potentially signaling improved educational quality or funding in recent years. Such trends are crucial for real estate investors, families considering relocation,... Read more
Student-to-teacher ratio in Worth County, Georgia over the last 10 years
Over the past decade, Worth County, Georgia has seen significant fluctuations in its student-to-teacher ratio. Starting at around 15 students per teacher in 2014, the ratio peaked sharply at nearly 21 in 2019, which is much higher than the national average of 14 students per teacher. The years following this peak show a steady decline, returning to approximately 15 students per teacher by 2023. For those looking to invest in property, move to, or build in Worth County, these ratios might imply changing resource availability in schools. Lower ratios in recent years could be seen as an indicator of improved educational quality or funding, which could directly impact the attractiveness of the area for families and potentially enhance property values. Appraisors, real estate agents, and insurance agents should consider these trends, as they could reflect broader socio-economic conditions affecting the local market dynamics.
