Blount County Real Estate and Livability Trends
Blount County, Alabama exhibits economic growth with average taxable income per tax return rising from $46,223.77 in 2013 to $59,243.70 in 2021, suggesting a healthy financial environment. The 15.74% surge in median home values to $159,800 in 2022 points to a robust real estate market, though the figures remain below the national median. The increased median taxable income along with a notable... Read more
Blount County Market Trends
Blount County, Alabama has seen a striking rise in median home values, hitting $159,800 in 2022—a 15.74% increase from the previous year, though still below the national median of $179,400. Fluctuating energy tax credits, peaking at $1,400.00 in 2018, underscore a growing trend towards energy-efficient home improvements, a detail critical for those eyeing sustainable investments. While real... Read more
Median Value of Occupied Housing Units in Blount County, Alabama Over the Last 8 Years
Blount County, Alabama experienced a significant upswing in median home values over the past eight years, particularly notable in 2022 when it surged to $159,800 from $138,100 the previous year. While this 15.74% increase is impressive, it is also worth noting that Blount County's values have consistently trailed the national median, which rose to $179,400 in 2022. Given the overall trend, those considering investment or relocation may find Blount County an attractive option due to its substantial recent growth yet still relatively lower market barrier compared to the broader national landscape.
Residential Energy Tax Credit Per Tax Return in Blount County, AL Over the Last 9 Years
Over the past nine years, Blount County, Alabama has seen significant fluctuations in the average residential energy tax credit per tax return. From a low of $320.93 in 2014 to a peak of $1,400.00 in 2018, the data reveals a strong trend towards increasing energy tax benefits, reflecting likely improvements in renewable energy adoption and energy-efficient home improvements. This shift is critical for potential investors and homeowners aiming to capitalize on energy tax incentives, make sustainable investments, and reduce long-term energy costs in Blount County. With recent years consistently showing high averages above $700.00, it's clear that energy efficiency is becoming a pivotal aspect of property value in the area.
Average Real Estate Taxes Per Tax Return in Blount County, AL Over the Last 10 Years
In Blount County, Alabama, the past decade has shown a noticeable rise in average real estate taxes per tax return. After a gradual increase from around $805.69 in 2012 to approximately $901.97 in 2017, there was a significant spike in 2018, with taxes jumping to about $1407.06. This notable rise continued, reaching a peak of roughly $1501.32 in 2020 before slightly dipping in 2021 to around $1386.84. Such trends suggest potential shifts in the local real estate market, which could be of interest to investors and individuals planning to move to or build property in the area.
Percentage of Farm Returns in Blount County, AL Over the Last 10 Years
Blount County, Alabama has seen a gradual decline in the percentage of farm tax returns over the past decade. Starting at 5.26% in 2012, the percentage has dipped to 3.99% by 2021. This consistent downward trend may indicate a shift in the local economy or a move away from traditional farming activities. For potential investors, property developers, or those contemplating a move to the area, this could signify emerging opportunities in other sectors and potential changes in land use. Understanding these dynamics is crucial for making informed decisions about investments, property development, or even relocation within Blount County.
Number of Mortgages by Occupancy Type in Blount County, AL Over the Last 5 Years in Blount County
Blount County, Alabama, shows significant variation in mortgage counts for different occupancy types over the last five years. Principal residences consistently dominate the market, peaking at 3,546 in 2021 before dipping to 2,611 in 2022. Investment properties and second residences have far lower figures but are stable, with minor fluctuations. Understanding these occupancy trends can be crucial for investors considering the viability of rental properties, real estate agents gauging market demand, and appraisers and insurance agents assessing risk factors. Developers might also find this data indicative of the need for more family homes versus investment-focused properties.
Economic Outlook
Blount County, Alabama has seen a steady increase in average taxable income per tax return, climbing from $46,223.77 in 2013 to $59,243.70 in 2021. This economic stability suggests an appealing environment for potential residents and investors. Meanwhile, average state and local income taxes have significantly risen, reaching $8,190.41 in 2021, pointing to a higher cost of living. The rising average total tax liability, which grew from $5,959.25 in 2012 to $7,616.66 in 2021, could indicate... Read more
Average Taxable Income per Tax Return in Blount County, AL over the last 9 years
Blount County, AL has experienced a consistent increase in average taxable income per tax return over the past nine years. Starting at $46,223.77 in 2013, it has steadily climbed to $59,243.70 by 2021. This trend suggests a growing economic stability and potential for rising living standards, making the area more attractive for prospective residents and indicating a healthy local economy for current inhabitants.
Average State and Local Income Taxes Per Tax Return in Blount County, AL Over the Last 10 Years
Over the past decade, Blount County, AL has experienced a significant increase in average state and local income taxes per tax return, rising from $3,751.80 in 2012 to $8,190.41 in 2021. Notable spikes occurred in 2018 and 2019, with the average tax amount jumping to $6,480.25 and $7,273.17, respectively. Such substantial tax increases may impact cost of living calculations, potentially influencing both residents' disposable income and decisions for those considering moving to the area.
Average Total Tax Liability Per Tax Return in Blount County, AL Over the Last 10 Years
Over the past decade, Blount County, Alabama has seen a consistent rise in the average total tax liability per tax return, moving from $5,959.25 in 2012 to $7,616.66 in 2021. This upward trend signifies a growing local economy and could indicate increasing incomes or property values. Those considering investing, moving, or developing property in Blount County should note this economic growth, as it generally points to a favorable environment for both residential and commercial ventures.
Cost of Living in Blount County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $962 | $1,303 | $2,039 | $1,663 | $1,363 |
1 adult 4 children | $962 | $1,064 | $1,521 | $1,663 | $1,420 |
2 adults 3 children | $962 | $1,064 | $1,788 | $1,663 | $1,152 |
1 adult 3 children | $962 | $869 | $1,270 | $1,663 | $1,190 |
2 adults 2 children | $751 | $871 | $1,538 | $1,463 | $1,001 |
1 adult 2 children | $751 | $651 | $1,019 | $1,463 | $940 |
2 adults 1 child | $751 | $689 | $1,287 | $814 | $891 |
1 adult 1 child | $751 | $445 | $769 | $814 | $733 |
2 adults | $658 | $553 | $1,037 | $0 | $710 |
1 adult | $605 | $302 | $518 | $0 | $556 |
Safety trends & Data
Property crime trends in Blount County, Alabama have fluctuated over the past five years. Larceny-theft incidents peaked at 202 cases in 2022, reflecting a notable increase, while burglary cases have decreased significantly, down to just 6 incidents in 2022 from 32 in 2019. Motor vehicle thefts remain low, never surpassing 16 cases per year. A decline in fraud and vandalism incidents over recent years offers a promising outlook for potential investors, property developers, and real estate... Read more
Property Crime Trends in Blount County, AL Over the Last 5 Years
Property crime trends in Blount County, Alabama have shown fluctuations over the last five years, with certain categories experiencing notable changes. Larceny-theft incidents have varied, peaking at 202 cases in 2022, reflecting a significant increase compared to previous years. Meanwhile, burglary cases have generally decreased, dropping to just 6 incidents in 2022 from a high of 32 in 2019. Motor vehicle thefts have remained relatively low, never exceeding 16 cases a year. The frequency of fraud and vandalism incidents has also shown variation, with notably fewer occurrences in recent years. These crime trends can provide useful insights for investors, property developers, and real estate agents assessing the safety and viability of the area.
Demographics
Blount County, Alabama, sees a near-even gender split among its adult population. Education-wise, the majority have completed high school, but there’s still a considerable number who haven't earned a diploma. Age-wise, it's relatively balanced, with slightly more adults in the 55 to 64 range. The racial composition is predominantly White, with other racial groups forming a much smaller portion of the population. These trends might suggest targeted community services and educational programs... Read more
Race Distribution in Blount County, Alabama (2022)
Educational Attainment in Blount County, Alabama (2022)
Age Distribution in Blount County, Alabama
Citizen Population in Blount County, Alabama (2022)
Political Trends & Data
Blount County, Alabama saw a strong conservative leaning in the 2020 U.S. Presidential Election, with nearly 90% of the votes going to Republican candidates. Democratic support was significantly lower, and minimal votes went to Libertarian, Green, and Other parties. This strong two-party preference could hint at a deeply conservative base, mirroring wider political trends in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Blount County, Alabama saw a notable leaning towards Republican candidates in the 2020 U.S. Presidential Election, with nearly 90% of the votes. Democratic support was notably lower, possibly suggesting a strong conservative base. Minimal percentages for Libertarian, Green, and Other parties imply voters largely favored the two main parties. The voting patterns might reflect broader state or regional political trends.
89.57% of voters voted for the Republican party in the 2020 Presidential Election
9.57% of voters voted for the Democrat party in the 2020 Presidential Election
0.86% of voters voted for the Other party in the 2020 Presidential Election
School Data
Blount County, Alabama has seen its student-to-teacher ratio peak at nearly 19 in 2022, markedly above the national average of 14. This suggests that educational resources may be stretched, potentially impacting educational quality and thereby influencing property values and community appeal. For prospective homeowners, investors, and real estate agents, such trends could be crucial in determining the long-term viability and attractiveness of properties in the... Read more
Student-to-teacher ratio in Blount County, Alabama over the last 10 years
In the past decade, Blount County, Alabama has experienced fluctuations in its student-to-teacher ratio, peaking at nearly 19 in 2022 after a steady incline from 2015 onwards. This is notably higher than the current US national average of 14. Such a trend could suggest potential impacts on the quality of education, as higher ratios often mean less individual attention for students. This data may be particularly relevant for prospective homeowners, investors, and real estate agents considering the area, as well as for appraisals and insurance assessments, since educational quality can influence property values and community attractiveness. Adjustments in these ratios might be a necessary consideration for those planning to build or develop property within the county.