Barbour County Real Estate and Livability Trends
Barbour County, Alabama has experienced a notable rise in average taxable income, going from $40,764.14 in 2013 to $48,206.18 in 2021, though this has been accompanied by nearly doubled state and local income taxes impacting disposable income. Affordable median home values, which reached $102,700 in 2022, present an opportunity for investors and new residents, despite rising real estate taxes... Read more
Barbour County Market Trends
Barbour County, Alabama, has seen its median home values rise significantly, peaking at $102,700 in 2022, yet remaining far more affordable than the national average. This affordability could attract investors or new residents searching for lower entry points with substantial value compared to broader market trends. Energy tax credit averages also fluctuated, with a notable peak of $1,650.00 in... Read more
Median Value of Occupied Housing Units in Barbour County, Alabama Over the Last 8 Years
Barbour County, Alabama has experienced a varied journey in median home values over the past eight years, ending with a significant spike to $102,700 in 2022. Compared to the national median which reached $179,400 in the same year, Barbour County's housing market remains significantly more affordable. Alabama's overall market also showed continuous growth, scaling up to $179,400 in 2022, aligning closely with national trends. This affordability in Barbour County could attract potential investors or new residents seeking lower entry points in a region that may offer substantial value relative to broader market trends.
Residential Energy Tax Credit Per Tax Return in Barbour County, AL Over the Last 9 Years
Over the last nine years, Barbour County, Alabama has seen a significant fluctuation in the average residential energy tax credit per tax return. The highest average was in 2018, peaking at $1,650.00, which indicates a possible surge in energy-efficient upgrades or installations that year. Similarly, 2017 and 2019 also saw relatively high averages at $816.67 and $928.57, respectively. These spikes could suggest trends in government incentives or increased awareness of energy efficiency. For potential investors or residents, these figures highlight opportunities in sustainable living investments and the financial benefits of incorporating energy-efficient solutions.
Average Real Estate Taxes Per Tax Return in Barbour County, AL Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Barbour County, Alabama have shown a general upward trend, increasing from approximately $979.88 in 2012 to around $1992.31 in 2021. The most significant jumps appear between 2017 and 2018, and again from 2019 to 2021. This upward trajectory could be indicative of rising property values or changes in tax rates, pointing to a potentially more attractive market for current and prospective homeowners and investors.
Percentage of Farm Returns in Barbour County, AL Over the Last 10 Years
Over the past decade, Barbour County, Alabama, has seen a consistent percentage of farm tax returns, peaking in 2018 at 4.97% and dipping to its lowest in 2020 at 4.26%. Farm tax returns refer to the portion of tax filings that come from farming operations, providing a snapshot of agricultural activity in the area. This stability in farm returns highlights the county's reliance on agriculture, indicating opportunities for investment in farming and related industries. The slight increase over the years suggests steady or growing agricultural operations, making Barbour County an interesting location for agricultural development and property investment.
Number of Mortgages by Occupancy Type in Barbour County, AL Over the Last 5 Years in Barbour County
Barbour County, Alabama has seen fluctuations in mortgage counts across different occupancy types over the past five years, with the number of principal residence mortgages consistently demonstrating dominance. Investment properties, which tend to provide returns through rental income or property appreciation, have exhibited a decline, peaking in 2019 and then showing a gradual decrease up to 2022. Meanwhile, second residences showed a slight increase from 2018, peaking in 2021, before a small drop in 2022. These shifts could impact local real estate values, rental market dynamics, and investment strategies, making them important data points for potential investors, real estate professionals, and current residents aiming to make informed decisions about buying, selling, or developing property in the area.
Economic Outlook
Barbour County, Alabama has seen a steady increase in average taxable income per tax return over the past nine years, growing from $40,764.14 in 2013 to $48,206.18 in 2021. Concurrently, average state and local income taxes have nearly doubled from $3,447.02 in 2012 to $7,400.00 in 2021, which could affect residents' disposable income. Additionally, total tax liability per tax return has fluctuated but peaked significantly at $7,064.36 in 2021. These financial trends indicate a region with... Read more
Average Taxable Income per Tax Return in Barbour County, AL over the last 9 years
Barbour County, AL has shown a steady upward trend in average taxable income per tax return over the past nine years, increasing from $40,764.14 in 2013 to $48,206.18 in 2021. Despite minor fluctuations, this growth reflects an overall improvement in economic conditions, with a notable jump between 2017 and 2018 and another significant rise in 2021. This trend suggests an increasingly prosperous region, making it potentially attractive for new residents seeking economic stability.
Average State and Local Income Taxes Per Tax Return in Barbour County, AL Over the Last 10 Years
Barbour County, AL has experienced a significant increase in average state and local income taxes per tax return over the past decade, rising from $3,447.02 in 2012 to $7,400.00 in 2021. This upward trend, especially the notable spikes in 2018 and 2019, suggests escalating tax liabilities that may impact disposable income for residents, making it an important factor for potential movers or current inhabitants to consider.
Average Total Tax Liability Per Tax Return in Barbour County, AL Over the Last 10 Years
Barbour County, Alabama has seen notable fluctuations in the average total tax liability per tax return over the last decade. Starting at $5,510.02 in 2012, it peaked significantly at $7,064.36 in 2021. After a sharp rise to $6,601.64 in 2013, the figures remained between roughly $5,500 and $6,500 for several years before another significant increase in 2021. Potential investors and residents should be aware of these financial dynamics as they can impact both cost of living and property tax decisions.
Cost of Living in Barbour County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $941 | $1,391 | $1,849 | $874 | $1,008 |
2 adults 3 children | $941 | $1,137 | $1,622 | $874 | $823 |
1 adult 4 children | $941 | $1,136 | $1,379 | $874 | $989 |
1 adult 3 children | $941 | $928 | $1,152 | $874 | $775 |
2 adults 2 children | $740 | $931 | $1,395 | $761 | $743 |
1 adult 2 children | $740 | $695 | $924 | $761 | $614 |
2 adults 1 child | $740 | $735 | $1,168 | $395 | $711 |
1 adult 1 child | $740 | $475 | $697 | $395 | $565 |
2 adults | $562 | $591 | $941 | $0 | $617 |
1 adult | $558 | $322 | $470 | $0 | $514 |
Safety trends & Data
Barbour County, Alabama, has seen varied property crime rates over the last five years. Burglary rates have notably dropped from 25.0 in 2018 to 13.0 in 2022, and larceny-theft rates have also stabilized. However, vandalism surged to 24.0 in 2021 before slightly falling to 19.0 in 2022. The fluctuating trends in embezzlement and motor vehicle theft highlight areas of concern for potential investors or... Read more
Property Crime Trends in Barbour County, AL Over the Last 5 Years
The last five years in Barbour County, Alabama, have witnessed fluctuating property crime rates. There's a noticeable decline in burglary from a high of 25.0 in 2018 to 13.0 in 2022. Larceny-theft, while initially peaking at 68.0 in 2018, has somewhat stabilized, reaching 27.0 in 2022. Interestingly, vandalism sharply increased to 24.0 in 2021 but saw a slight decline to 19.0 in 2022. Embezzlement and motor vehicle theft have shown less consistency, with sparse data points suggesting variable trends. These trends imply that while certain property crimes have decreased, others like vandalism and fraud have seen concerning spikes, which those interested in investing in or moving to the area should keep an eye on.
Demographics
Barbour County, Alabama shows a slight male majority in its adult population, while the educational attainment is concentrated around high school graduates and those with some college education but no degree. Racially, the county has a nearly equal distribution between White and Black or African American residents. The age distribution highlights a balanced spread across various age groups, with notable populations in both younger and older categories, indicating a diverse age demographic. This... Read more
Race Distribution in Barbour County, Alabama (2022)
Educational Attainment in Barbour County, Alabama (2022)
Age Distribution in Barbour County, Alabama
Citizen Population in Barbour County, Alabama (2022)
Political Trends & Data
Barbour County, Alabama, displayed a narrow preference for Republican candidates in the 2020 Presidential Election, with about 53% of the vote going GOP and approximately 46% opting for Democrats. Minor parties had minimal impact, capturing an insignificant portion of the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Barbour County, Alabama, saw a slight edge for Republican voters in the 2020 Presidential Election, with around 53% voting GOP compared to roughly 46% for Democrats. Minor party influence was negligible, with negligible votes going to "Other" parties.
53.45% of voters voted for the Republican party in the 2020 Presidential Election
45.79% of voters voted for the Democrat party in the 2020 Presidential Election
0.76% of voters voted for the Other party in the 2020 Presidential Election
School Data
Barbour County, Alabama's student-to-teacher ratios have shown significant fluctuations, peaking at a likely erroneous 393 in 2020 and generally ranging from 15 to 26, compared to the national average of about 14. The unusually high ratios in 2017 and 2018 could have affected the perceived quality of education, possibly influencing real estate market perceptions among families and investors. Lower ratios generally suggest more individualized attention for students, making this a key factor for... Read more
Student-to-teacher ratio in Barbour County, Alabama over the last 10 years
Over the past decade, Barbour County, Alabama has seen significant fluctuations in its student-to-teacher ratio, peaking dramatically at 393 in 2020, which is likely a reporting error. Generally, the ratios have ranged from around 15 to 26, compared to the current national average of roughly 14 students per teacher. Notably, both 2017 and 2018 saw unusually high ratios, potentially impacting the quality of education during those years. Lower ratios are generally associated with more individualized attention for students, which could influence perceptions of school quality among potential residents and impact local real estate markets. This information might be particularly relevant for families considering moving to the area, investors evaluating property values, and educators or administrators planning resource allocation.