Valdosta-Lowndes County, GA 2010 Community Profile and Resource Guide

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Overview Business & Community Profile

Valdosta-Lowndes County

at a Glance

Compiled by Amanda Knoles

POPULATION Lowndes County ....................................104,583 City of Valdosta ........................................48,547 Density ......................................................201.2 Average household size ................................2.46 Median age .................................................30.5 Male ........................................................48.7% Female ....................................................51.3 % Married ....................................................46.5% Never married ...........................................28.7%

LOWNDES COUNTY INCOME Average household income ...................... $46,947 Median household income ....................... $41,992 Per capita income .................................... $20,135 Average wage per hour .............................. $14.36

Sources: U.S. Census Bureau; Georgia Department of Labor; S.E.E.D.S Center of South Georgia

Sources: S.E.E.D.S Center of South Georgia; Valdosta-Lowndes County Industrial Authority

COST OF LIVING

TAXABLE RETAIL SALES 2008 Lowndes County ............$2.8 billion Combined state and local sales tax is 7 percent. Source: Valdosta-Lowndes County Industrial Authority

PROPERTY TAXES Valdosta

Taxes on property are a combination of millage rates and assessment ratios, which vary by location. (Millage rate is multiplied by assessment ratio.) Effective tax rates combine city, county, school, and state tax rates into one figure, which is the annual tax for each $1,000 of property at its fair market value. The rate applies to all property, land, buildings, machinery, equipment and inventory.

U.S. average for all indices is 100.

United States

100 90 80 70 60

2009 Millage (Property Tax) Rates

50 40 30 20 10 0

Overall 90.4

Groceries 97.4

Housing 83.3

Utilities 86.6

Transport 98.5

Health Care 100

Source: Valdosta State University; Center for Economic Research

HOUSING: LOWNDES COUNTY Average list price ................................... $220,250 Median home price ................................ $108,400 Sources: Coldwell Banker; Forbes

State .......................................................................................0.250 Lowndes County ......................................................................7.310 Schools Lowndes County Schools .........................................................14.70 Valdosta City Schools ..............................................................15.98 Recreation (countywide) ...........................................................1.250 Valdosta ..................................................................................4.112 Downtown ..............................................................................5.000 Dasher ....................................................................................0.000 Hahira .....................................................................................5.380 Lake Park ................................................................................4.703 Remerton ................................................................................6.387 Source: Georgia Department of Revenue

QUALITY OF LIFE Average one-way commute ................................. 19 minutes Air quality (scale of 100) ................................................... 73 January low temperature ............................................... 39ยบF July high temperature .................................................. 93ยบF Sunny days per year....................................................... 231 Precipitation per year ......................................................51"

4 Valdosta-Lowndes County Chamber of Commerce


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