In Waverly Hall, Georgia, you can find an average car insurance deductible amount and Average household income. You can also find out how old the average car insurance policyholder is. These statistics can help you compare policies and find the right one for you. Moreover, you can compare the costs of car insurance in Waverly Hall with other areas in the state.
Average household income in Waverly Hall, GA
The average household income in Waverly Hall, GA is $83,338. The median property value in Waverly Hall is $153,800 in 2020. Waverly Hall, GA has a high homeownership rate (84.3%), and workers who live in Waverly Hall are more likely to own a car than those who do not.
In Waverly Hall, GA, English is the primary language spoken by residents. This percentage is higher than the national average of 93.4%, which is based on age. There are also a large number of foreign-born residents. In 2020, the most common foreign-born birthplaces were Mexico, Jamaica, and India.
In Waverly Hall, GA, 42% of the adult population is unemployed. This figure includes civilians and people in the armed forces. Those who are classified as unemployed are required to be actively seeking work. People who are students, homemakers, and seasonal workers are not counted as part of the labor force.
In Waverly Hall, GA, a per capita income of $20,187 is lower than the average for Georgia (62,994) and the US (0.72% higher). The average income of a family of four in Waverly Hall, GA is $80,748. Waverly Hall, GA has a mix of rich and poor residents. The most common occupations in Waverly Hall, GA include health care, education, and public administration.
In Waverly Hall, GA, the average household income is $28,731 for males and $16,923 for females. While the average income in Waverly Hall, GA is lower than the national average, it is higher than the average income for the Columbus metro area.
Waverly Hall, GA is home to more than two hundred and fifty households. The majority of households are married, with only 6% of those households consisting of single women. Another twenty-five percent of the households were non-families. The median age of the population is 46. The median number of bedrooms in a home is 2.8. The county has less than ten percent unemployed people and fewer than 10% foreign-born residents. It also has a higher percentage of the population who is 65 years old or older.
The majority of households in Waverly Hall, GA have a mortgage. Most homes in the area were built in the 1990s and 2000s, and the median home value is $144,800, which is lower than the national average and comparatively lower than most nearby ZIP codes. The city has a higher rent than the national average, with three-bedroom homes renting for $1,000 or more and two-bedroom homes renting for $300-$499 a month.
Average age of car insurance policyholders in Waverly Hall, GA
Age is one of the most important factors when it comes to car insurance rates. Young drivers pay more than their older counterparts, while rates go down steadily as a driver gets older. If you want to get the best possible rate on car insurance, you should shop around for the right policy.
It's also important to know the laws governing your state. Some states, like Georgia, have a statute of limitations, which is the deadline within which you must file a claim. In Georgia, this deadline starts when you are involved in an automobile accident.
Car insurance companies determine your rate based on a variety of factors, including your driving history and credit score. Having a clean driving record and no traffic violations will mean lower insurance rates. On the other hand, a spotty driving record can result in a higher rate.
When it comes to driving record, age is another important factor. Young drivers tend to be inexperienced and less experienced, so their insurance costs are higher. Young drivers also have more claims, so their insurance providers have a tendency to raise their rates. Fortunately, there are many ways to reduce your premium, and you can even lower it by opting for optional coverage.
While you may think that you only need minimum car insurance in Georgia, it is essential to purchase more than that minimum. Doing so will save you both time and money. The state-mandated minimums are not sufficient to protect you and your loved ones. Georgia's liability limits are higher than many states, but they are still not enough protection when you cause a car accident. Accidents can be expensive, and medical expenses can add up quickly, especially if there are multiple victims.
As a driver in Waverly Hall, Georgia, you need to have adequate car insurance coverage. While you may have no choice, you should consider purchasing comprehensive insurance, which pays for damages to your vehicle and pays for repairs in case you are at fault. You can also opt for collision coverage if you have a clean driving record. In addition to having adequate car insurance coverage, you should consider other factors such as age, credit score, and other policies that may impact your rate.
If you have never purchased car insurance before, it is essential that you do so immediately. Not having car insurance is a serious offense that can have serious consequences. Even if you've never had a car accident, you must get covered to protect yourself and your loved ones.
Average deductible amount in Waverly Hall, GA
The average cost of car insurance in Waverly Hall, GA is $2,061 per year for a single-car policy. In this city, the cost of car insurance is heavily influenced by the state that you live in, so it is essential to obtain multiple quotes for the best coverage and price.
The higher the deductible amount, the lower the premium for car insurance. However, the cost of insurance is higher for teenagers than it is for middle-aged drivers. This is because teenagers are considered to be less responsible drivers. Middle-aged drivers are considered more responsible and pay lower premiums.
Waverly Hall, GA is home to 438 White people, 417 Black or African-American residents, and 13 Two+ (Hispanic) residents. The median annual income in Waverly Hall, GA was $38,355 in 2020, a decrease of -20% from the previous year. The median household income in Waverly Hall, GA is lower than the average in Georgia and the United States. Among residents, the median age is 54.5 years old.