Baldwin County Real Estate and Livability Trends
Baldwin County, Alabama has witnessed a substantial uptick in median home values, reaching $266,000 by 2022, outpacing both state and national medians. Real estate taxes have surged, possibly reflecting rising property valuations. Energy tax credits peaked significantly before stabilizing, suggesting a growing trend towards energy-efficient home improvements. Shifts in mortgage types indicate... Read more
Baldwin County Market Trends
Baldwin County, Alabama has experienced a notable trend in the real estate market, with median home values rising sharply to $266,000 by 2022, outpacing both state and national medians. Residential energy tax credits have also seen fluctuations, peaking dramatically at $2,032.56 in 2018 before stabilizing around the $700 mark, suggesting a growing focus on energy-efficient home improvements. Real... Read more
Median Value of Occupied Housing Units in Baldwin County, Alabama Over the Last 8 Years
Over the past eight years, Baldwin County, Alabama has seen a consistent rise in median home values, culminating in a sharp increase to $266,000 by 2022. This upward trend outpaces both Alabama's state median, which reached $179,400 in 2022, and the national median at the same level. For those looking to invest or move to Baldwin County, the rapid appreciation in property values could signal a competitive market with potentially higher returns on investment.
Residential Energy Tax Credit Per Tax Return in Baldwin County, AL Over the Last 9 Years
Baldwin County, Alabama has seen a significant upward trend in residential energy tax credits over the past nine years. After a steady climb from $422.92 in 2013 to $711.96 in 2017, a notable spike occurred in 2018, with an average credit of $2,032.56 per tax return. While there was a dip in 2019, the amount stabilized around the $700 mark in subsequent years, peaking at $755.56 in 2021. This indicates a growing investment in energy-efficient home improvements, making Baldwin County attractive for forward-thinking homeowners and investors focused on sustainable living.
Average Real Estate Taxes Per Tax Return in Baldwin County, AL Over the Last 10 Years
Baldwin County, Alabama has seen a notable rise in real estate taxes per tax return over the last decade, nearly doubling from $1,270.59 in 2012 to $2,627.17 in 2021. The sharpest increases occurred post-2017, indicating potential shifts in property valuations or tax policies. This upward trend in tax rates could impact decisions for prospective homeowners or investors by signaling an evolving economic landscape, possibly correlating with increasing property values or enhanced public services.
Percentage of Farm Returns in Baldwin County, AL Over the Last 10 Years
Farm tax returns in Baldwin County, Alabama, have seen a decline from 1.36% in 2012 to 1.04% in 2021. This indicates a steady decrease in farm-related income filings over the last decade. For potential investors and those interested in the local agricultural landscape, this trend may signal a shift away from farming as a predominant economic activity in the region, potentially affecting land value, agricultural investment opportunities, and the overall economic profile of the county.
Number of Mortgages by Occupancy Type in Baldwin County, AL Over the Last 5 Years in Baldwin County
Baldwin County, Alabama's mortgage trends indicate a notable shift in primary residence purchases, with 23,538 mortgages in 2021 dropping to 16,145 by 2022. Investment properties also saw a decrease from 2,116 in 2021 to 1,893 in 2022. Meanwhile, second residences peaked at 3,854 in 2021 before decreasing to 2,003 in 2022. These fluctuations in occupancy types can signal shifting market dynamics, with potential impacts on property values, investment returns, and neighborhood stability. For investors and real estate agents, understanding these trends can inform better decision-making, indicating where demand is either rising or cooling off, ultimately affecting rental yields and resale values. For insurance agents and appraisers, these mortgage patterns help gauge risk factors and market stability, which are crucial for accurate property valuations and policy adjustments.
Economic Outlook
Baldwin County, Alabama has seen a striking increase in average taxable income per tax return, from $56,223.18 in 2013 to $86,106.21 in 2021, hinting at a flourishing local economy. With state and local income taxes rising from $4,900.65 in 2012 to $11,535.54 in 2021 and total tax liabilities following suit, it suggests a trend of rising incomes and possibly higher tax rates. Notably, the percentage of people living under the poverty line fluctuated but showed a concerning uptick to 14.2% in... Read more
Average Taxable Income per Tax Return in Baldwin County, AL over the last 9 years
Over the past nine years, Baldwin County, AL has experienced a significant increase in average taxable income per tax return, rising from $56,223.18 in 2013 to $86,106.21 in 2021. This growth trajectory, especially the sharp rise between 2020 and 2021, suggests a robust economic environment and potentially higher earning opportunities for residents.
Average State and Local Income Taxes Per Tax Return in Baldwin County, AL Over the Last 10 Years
Over the past decade, Baldwin County, AL has seen a significant increase in average state and local income taxes per tax return, climbing from $4,900.65 in 2012 to $11,535.54 in 2021. This steady rise indicates a robust economic growth which might imply higher income levels or increased tax rates. Such trends are pivotal for potential residents and current inhabitants to consider, as it reflects both opportunities and financial commitments tied to living in this region.
Average Total Tax Liability Per Tax Return in Baldwin County, AL Over the Last 10 Years
Over the last 10 years, Baldwin County, Alabama has seen a steady increase in the average total tax liability per tax return. Starting at $9,697.88 in 2012, the figure rose to $14,989.88 by 2021, indicating a robust economic growth and rising incomes. This upward trend is key for potential investors and those looking to relocate or build property in the area, signaling a thriving local economy and likely increase in property values.
Cost of Living in Baldwin County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,534 | $1,637 | $1,886 | $1,297 | $1,575 |
| 1 adult 4 children | $1,534 | $1,337 | $1,406 | $1,297 | $1,640 |
| 2 adults 3 children | $1,534 | $1,337 | $1,655 | $1,297 | $1,337 |
| 1 adult 3 children | $1,534 | $1,092 | $1,175 | $1,297 | $1,393 |
| 2 adults 2 children | $1,206 | $1,095 | $1,423 | $1,126 | $1,094 |
| 1 adult 2 children | $1,206 | $818 | $943 | $1,126 | $1,061 |
| 2 adults 1 child | $1,206 | $865 | $1,191 | $570 | $998 |
| 1 adult 1 child | $1,206 | $559 | $712 | $570 | $832 |
| 2 adults | $928 | $695 | $960 | $0 | $812 |
| 1 adult | $924 | $379 | $480 | $0 | $666 |
Safety trends & Data
Over the last five years, Baldwin County, Alabama has seen fluctuating property crime rates. Larceny-Theft dropped dramatically from 1,307 cases in 2018 to 200 in 2021, before a slight uptick to 538 cases in 2022. Burglary incidents plummeted from 188 in 2018 to just 28 in 2021. Fraud cases also saw a significant reduction, peaking at 311 in 2018 and dropping to 28 by 2021. Meanwhile, Vandalism and Forgery remained relatively stable but low in volume. These shifts could influence local real... Read more
Property Crime Trends in Baldwin County, AL Over the Last 5 Years
Over the last five years, Baldwin County, Alabama has experienced noticeable fluctuations in property crime rates. While Larceny-Theft consistently remained the highest from 2018 to 2022, there is a noticeable decline from 1,307 cases in 2018 to 200 in 2021, before slightly rising to 538 cases in 2022. Burglary incidents witnessed a sharp drop from 188 in 2018 to just 28 in 2021, suggesting a positive trend in reduced property intrusion. Fraud cases peaked at 311 in 2018 but saw significant reduction to 28 by 2021, potentially indicating improved security measures or law enforcement efficiency. However, Vandalism and Forgery remained relatively stable, albeit lower in volume compared to other crimes, hinting at persistent but lower-scale property damage and deceit activities. These trends may impact local real estate valuation and insurance policies, as lower crime rates could equate to more desirable living conditions and potentially lower premiums.
Demographics
Baldwin County, Alabama, showcases a nearly even split between male and female populations and a diverse age range, with significant numbers in both the under-10 and over-65 brackets. The bulk of its residents have achieved at least a high school diploma, with many holding college degrees. The racial composition is predominantly White, although there is a notable African American presence. This demographic profile indicates a community that is relatively well-educated and balanced in gender,... Read more
Race Distribution in Baldwin County, Alabama (2022)
Educational Attainment in Baldwin County, Alabama (2022)
Age Distribution in Baldwin County, Alabama
Citizen Population in Baldwin County, Alabama (2022)
Political Trends & Data
Baldwin County, Alabama, showcases a stark conservative leaning, with around 76% of votes in the 2020 U.S. Presidential Election going to the Republican candidate. This political inclination might influence buyer preferences, potentially attracting residents who align with conservative values. The dramatic partisan split could affect local policy decisions and community dynamics, painting a clear picture of the county's sociopolitical... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Baldwin County in Alabama leaned heavily Republican in the 2020 U.S. Presidential Election, with estimates indicating approximately 76% support for the Republican candidate. The Democratic candidate garnered around 22%, while smaller parties and independents barely made a mark. These numbers highlight a significant partisan divide, suggesting the region's strong conservative preference.
76.17% of voters voted for the Republican party in the 2020 Presidential Election
22.41% of voters voted for the Democrat party in the 2020 Presidential Election
1.42% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Baldwin County, Alabama, the student-to-teacher ratio has dropped from nearly 20 in 2018 to around 16 by 2023, aligning closely with the national average of fourteen. This trend suggests better individual attention in schools, potentially enhancing educational outcomes. For real estate agents, this improvement might mean added value in property markets, as quality education is a major attraction for families. Investors and insurance agents might find this trend crucial for long-term... Read more
Student-to-teacher ratio in Baldwin County, Alabama over the last 10 years
Over the past decade, Baldwin County, Alabama has seen a fluctuating student-to-teacher ratio, with numbers peaking at nearly 20 students per teacher in 2018, then gradually declining to a more favorable ratio of around 16 by 2023. This trend could be beneficial for various stakeholders; for potential investors and families considering a move to Baldwin County, a lower student-to-teacher ratio suggests better individual attention in schools, potentially enhancing educational outcomes. For real estate agents and appraisers, this improvement might translate to added value in property markets, since quality education is a key selling point. Likewise, insurance agents might probe into how these changing demographics affect long-term projections for community development. Baldwin County’s latest figures are now close to the national average of fourteen, hinting at an improving educational environment.
