Bibb County Real Estate and Livability Trends
In Bibb County, Alabama, median home values have climbed to $120,100 in 2022 from $92,800 in 2019, making it relatively affordable compared to broader state and national levels. The boost in average residential energy tax credits to $1,628.57 in 2018 suggests a lean towards eco-friendly investments. Real estate taxes surging to $1,117.39 by 2021 indicate rising property values. With a dip in farm... Read more
Bibb County Market Trends
The real estate market in Bibb County, Alabama, exhibits noteworthy fluctuations with median home values rising to $120,100 in 2022 from a low of $92,800 in 2019, yet remaining more affordable compared to state and national levels. The average residential energy tax credit per tax return spiked to $1,628.57 in 2018, supporting an eco-conscious investment trend. Real estate taxes have seen... Read more
Median Value of Occupied Housing Units in Bibb County, Alabama Over the Last 8 Years
Over the past 8 years, Bibb County, Alabama has seen a fluctuating trend in median home values, with a pronounced increase to $120,100 in 2022 from a low of $92,800 in 2019. Despite this recent uptick, Bibb County remains significantly more affordable compared to both the state of Alabama, where the median home value reached $179,400 in 2022, and the national median of the same year. This suggests investment opportunities for those looking to purchase property in a less saturated market while potentially capitalizing on future growth.
Residential Energy Tax Credit Per Tax Return in Bibb County, AL Over the Last 9 Years
Bibb County, Alabama has seen significant fluctuations in the average residential energy tax credit per tax return over the past nine years, starting at $325.00 in 2013 and peaking at $1,628.57 in 2018. The credit remained high, though slightly decreased, with values like $1,358.82 in 2021. This trend indicates a growing investment in energy-efficient solutions among residents, making it an attractive area for eco-conscious buyers and investors interested in sustainability-focused developments.
Average Real Estate Taxes Per Tax Return in Bibb County, AL Over the Last 10 Years
In the past decade, Bibb County, Alabama has seen quite a fluctuation in average real estate taxes per tax return. Early years hovered around $600.00, but more recent years have experienced dramatic increases. Notably, there was a substantial spike in 2018, reaching $1,092.86, followed by a slight dip in 2019, and then another rise to $1,117.39 by 2021. This trend could suggest a growing demand or increased property values, which may be relevant for those looking to invest, build, or move into the area.
Percentage of Farm Returns in Bibb County, AL Over the Last 10 Years
Bibb County, Alabama, has shown fluctuations in the percentage of farm tax returns over the past decade. Starting at 2.53% in 2012, the percentage saw a modest decline to 2.50% in 2013 and continued a downward trend, hitting a low of 1.95% in 2020 before slightly rebounding to 2.17% in 2021. Farm tax returns indicate the portion of tax filings related to agricultural businesses and can serve as a barometer for the vitality of the local farming economy. These trends suggest a slight weakening of the agricultural sector in recent years, which might be a crucial consideration for those looking to invest, move, or build property in the area.
Number of Mortgages by Occupancy Type in Bibb County, AL Over the Last 5 Years in Bibb County
In Bibb County, Alabama, principal residence mortgages have seen an upward trend over the last five years, peaking in 2021 with 938 counts. Investment property mortgages, on the other hand, have shown a slight decline, fluctuating narrowly from 24 in 2018 to 20 in 2022. Second residence mortgages remain relatively stable but minimal, oscillating between 5 and 15 counts. Changes in occupancy types can impact market dynamics significantly, influencing investment strategies, property values, and insurance underwriting. A growing demand for principal residences may indicate a stronger local economy and a more stable residential market, while fluctuations in investment property numbers could signal shifts in rental attractiveness or broader economic conditions. Understanding these trends helps investors and stakeholders gauge the health of the real estate market and make informed decisions.
Economic Outlook
In Bibb County, Alabama, the average taxable income per tax return has surged from $45,790.61 in 2013 to an impressive $68,087.56 in 2021. This upward trajectory, especially the notable spike between 2020 and 2021, suggests a thriving local economy, making the area increasingly appealing for potential movers. Meanwhile, average state and local income taxes more than doubled over the past decade, reaching $9,764.00 in 2021. This climb in tax liabilities, alongside a peak in total tax liability... Read more
Average Taxable Income per Tax Return in Bibb County, AL over the last 9 years
The average taxable income per tax return in Bibb County, AL has shown a general upward trend over the past nine years, with significant growth seen particularly in recent years. Starting from $45,790.61 in 2013, the income consistently climbed, hitting a notable spike in 2021 at $68,087.56. This marked increase, especially the jump between 2020 and 2021, highlights the substantial economic growth in the area, making it an attractive location for potential movers and indicating increased prosperity for current residents.
Average State and Local Income Taxes Per Tax Return in Bibb County, AL Over the Last 10 Years
In Bibb County, AL, the average state and local income taxes per tax return have seen a notable increase over the past decade. From $3,416.55 in 2012, the amount rose significantly to $9,764.00 in 2021, indicating a more than doubling of tax liabilities. A sharp spike between 2018 and 2019 suggests substantial changes in either income levels, tax rates, or both. This trend is vital for prospective residents and those currently living in the county to consider, as it reflects a growing financial obligation which can impact the cost of living and overall economic planning.
Average Total Tax Liability Per Tax Return in Bibb County, AL Over the Last 10 Years
Average total tax liability per tax return in Bibb County, Alabama has seen a significant increase over the past decade, peaking at $10,468.52 in 2021. This trend highlights a growing economic responsibility on residents, possibly driven by rising incomes or changing tax policies. Such changes could impact decisions for those considering investing, moving, or building property in the area, as higher tax liabilities might influence cost-of-living and business opportunities.
Cost of Living in Bibb County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,035 | $1,323 | $2,039 | $1,202 | $1,252 |
| 1 adult 4 children | $1,035 | $1,080 | $1,521 | $1,202 | $1,290 |
| 2 adults 3 children | $1,035 | $1,081 | $1,788 | $1,202 | $1,044 |
| 1 adult 3 children | $1,035 | $882 | $1,270 | $1,202 | $1,064 |
| 2 adults 2 children | $809 | $885 | $1,538 | $1,042 | $922 |
| 1 adult 2 children | $809 | $661 | $1,019 | $1,042 | $833 |
| 2 adults 1 child | $809 | $699 | $1,287 | $520 | $844 |
| 1 adult 1 child | $809 | $452 | $769 | $520 | $687 |
| 2 adults | $709 | $562 | $1,037 | $0 | $734 |
| 1 adult | $652 | $306 | $518 | $0 | $579 |
Safety trends & Data
Bibb County, Alabama, has witnessed fluctuating property crime trends over the past five years. Larceny-Theft incidents peaked in 2019 with 76 reported cases but dropped significantly, only to spike back up to 59 cases in 2022. Burglary cases hit a high of 41 in 2019 and then fell dramatically to just 5 cases in 2022. Motor Vehicle Theft has remained relatively low with minor variations, while crimes like Embezzlement and Arson have occurred sporadically. For real estate investors and... Read more
Property Crime Trends in Bibb County, AL Over the Last 5 Years
Bibb County, Alabama, has seen fluctuating trends in property crimes over the past five years. Larceny-Theft incidents peaked in 2019 with 76 reported cases but saw a significant drop in subsequent years, though spiking back up to 59 cases in 2022. Burglary also saw its highest in 2019 with 41 cases followed by a considerable decline to just 5 cases in 2022. Motor Vehicle Theft has remained relatively low with minor variations. Notably, crimes like Embezzlement and Arson are infrequent but have occurred sporadically. For those involved in real estate or considering investments, the diminishing burglary and relatively stable other property crime rates could suggest improving safety in the county, potentially making it a more attractive area for development and living.
Demographics
Bibb County, Alabama shows a slight male majority among adults, with around 53.9% male and 46.1% female. Educational attainment is low, with a significant portion of individuals not progressing beyond high school; over half the population has at most a high school diploma. There's a balanced age distribution, but the 25 to 34 age bracket is somewhat more prominent, possibly indicating a young working population. Racial demographics reveal a predominant White population at about 78.6%, with... Read more
Race Distribution in Bibb County, Alabama (2022)
Educational Attainment in Bibb County, Alabama (2022)
Age Distribution in Bibb County, Alabama
Citizen Population in Bibb County, Alabama (2022)
Political Trends & Data
Bibb County, Alabama, exhibited a pronounced Republican preference in the 2020 U.S. Presidential Election, with about 78% of the votes going to the GOP. Democrats secured roughly 21%, pointing to a marked partisan tilt. The negligible influence of other parties hints at a prevailing two-party dominance, potentially mirroring larger state or regional political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Bibb County, Alabama, the 2020 U.S. Presidential Election saw a significant lean towards the Republican Party, with approximately 78% of the votes. Democrats garnered about 21%, suggesting a considerable partisan skew. The presence of other parties was negligible, indicating a possible dominance of traditional two-party politics in this area. This trend could be reflective of broader state or regional political inclinations.
78.43% of voters voted for the Republican party in the 2020 Presidential Election
20.70% of voters voted for the Democrat party in the 2020 Presidential Election
0.88% of voters voted for the Other party in the 2020 Presidential Election
School Data
Bibb County, Alabama's student-to-teacher ratio has been above the national average of 14 for the past decade, peaking at about 18 in both 2017 and 2022. This trend might suggest challenges in personalized attention for students and stress for teachers managing larger classes, which could influence property values and community satisfaction. Investors, real estate agents, and movers could see these figures as potential stress points, while appraisers and insurance agents might consider them... Read more
Student-to-teacher ratio in Bibb County, Alabama over the last 10 years
Bibb County, Alabama has consistently reported a student-to-teacher ratio above the national average of 14 over the past decade, peaking at about eighteen in both 2017 and 2022. This trend suggests potential challenges for students needing personalized attention and for teachers managing larger classes. Investors, real estate agents, and potential movers might view these figures as indicators of potential stress points in local education, which could influence property values and community satisfaction. Meanwhile, appraisers and insurance agents might consider these trends when assessing schools' operational risks and resource allocation.
