Butler County Real Estate and Livability Trends
Butler County, Alabama has experienced nine years of rising average taxable incomes, escalating from $39,228.85 in 2013 to $48,361.10 in 2021, hinting at possible economic growth and better job opportunities. Despite this, state and local income taxes have fluctuated significantly, ranging from $3,743.72 in 2017 to $8,645.00 in 2020, revealing a volatile financial landscape. Median home values... Read more
Butler County Market Trends
In Butler County, Alabama, median home values have risen from $78,900 in 2015 to $94,800 in 2022, staying lower than the state and national averages, which could attract budget-conscious buyers. Residential energy tax credits have seen a sharp increase, peaking at $2,000.00 in 2018, signaling growing incentives for energy-efficient home upgrades and likely boosting property appeal for... Read more
Median Value of Occupied Housing Units in Butler County, Alabama Over the Last 8 Years
Butler County, Alabama, has shown a steady upward trend in median home values over the past eight years, moving from $78,900 in 2015 to $94,800 in 2022. Although this is noticeably lower than both the state average, which climbed from $125,500 to $179,400 during the same period, and the national trend, this presents a more affordable option for prospective homeowners. Investors could find Butler County's lower entry prices appealing compared to broader Alabama and U.S. markets, where price increases have been more pronounced.
Residential Energy Tax Credit Per Tax Return in Butler County, AL Over the Last 9 Years
Butler County, Alabama has seen a significant rise in the average residential energy tax credit per tax return over the last nine years, peaking at $2,000.00 in 2018. The upward trend from $392.31 in 2013 to over $1,600.00 recently indicates increasing incentives for energy-efficient home upgrades. This trend highlights growing opportunities for sustainable investments and property improvements in the area, making it appealing for potential residents and investors focused on long-term energy savings and environmental impact.
Average Real Estate Taxes Per Tax Return in Butler County, AL Over the Last 10 Years
Real estate taxes in Butler County, Alabama have generally seen an upward trend over the last decade, with notable spikes particularly in recent years. From 2012 to 2017, average taxes hovered around the $900 to $950 range. However, starting in 2018, there's a pronounced jump, with values climbing from $1,266.67 in 2018 to $1,580.00 in 2020. This sharp increase could indicate rising property values or changes in tax rates and points to a transforming real estate market that might affect investment decisions and living costs.
Percentage of Farm Returns in Butler County, AL Over the Last 10 Years
Farm tax returns in Butler County, Alabama, have fluctuated slightly over the past decade, peaking around 5.44% in 2016 and seeing a low of 4.53% in 2020. These returns reflect the reported income from agricultural activities on tax filings. Analyzing this data is vital for potential investors, property developers, and residents as it underscores the economic reliance on farming within the county. Slight ups and downs highlight the resilience and challenges in the agricultural sector, pivotal for making informed decisions about land use and community planning.
Number of Mortgages by Occupancy Type in Butler County, AL Over the Last 5 Years in Butler County
Over the past five years in Butler County, Alabama, the majority of mortgages have consistently been for principal residences, with numbers generally increasing from 447 in 2019 to a peak of 700 in 2021. Investment properties and second residences lag far behind, with investment property mortgages peaking at 26 in 2018 and gradually decreasing. Second residences show minor fluctuations, peaking at 21 in 2022. For investors, the dominance of mortgages for primary residences suggests a strong demand for family homes, potentially driving up property values. Appraisers and real estate agents might need to note these trends when evaluating property prices and market demand. Insurance agents could consider the risks associated with more homeowners than renters, influencing policy offerings and cost structures. Builders and developers might find more opportunities in constructing primary housing rather than properties aimed at investors or for seasonal use.
Economic Outlook
Butler County, Alabama has shown a nine-year trend of increasing average taxable incomes, rising from $39,228.85 in 2013 to $48,361.10 in 2021. This economic growth could signify better job opportunities and higher wages, potentially attracting newcomers. The county's fluctuating state and local income taxes, ranging from $3,743.72 in 2017 to $8,645.00 in 2020, highlight a dynamic financial landscape, crucial for financial planning. The county’s total tax liability has remained relatively... Read more
Average Taxable Income per Tax Return in Butler County, AL over the last 9 years
Butler County, AL has experienced a steady increase in average taxable income per tax return over the past nine years, rising from $39,228.85 in 2013 to $48,361.10 in 2021. This consistent growth indicates a positive economic trend, potentially reflecting better job opportunities and higher wages, which could be appealing for individuals considering relocation and residents interested in the area's economic health.
Average State and Local Income Taxes Per Tax Return in Butler County, AL Over the Last 10 Years
Over the last decade, Butler County, AL has seen notable fluctuations in average state and local income taxes per tax return, with a sharp decline from $7,131.07 in 2012 to a low of $3,743.72 in 2017. This trend reversed sharply with increases peaking at $8,645.00 in 2020. Such variability indicates a dynamic economic environment, potentially affecting financial planning and cost of living considerations for residents and prospective movers into this region.
Average Total Tax Liability Per Tax Return in Butler County, AL Over the Last 10 Years
Over the past decade in Butler County, Alabama, the average total tax liability per tax return has seen fluctuations, peaking at $7,327.87 in 2012 before experiencing a notable dip to $5,650.49 in 2013. Despite some variability, the amount has generally hovered around $5,500 to $6,000, ending at $6,606.16 in 2021. This consistency offers a stable economic indicator for prospective investors, property builders, and residents considering the area's fiscal environment.
Cost of Living in Butler County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $926 | $1,323 | $1,917 | $1,252 | $1,151 |
| 1 adult 4 children | $926 | $1,080 | $1,430 | $1,252 | $1,159 |
| 2 adults 3 children | $926 | $1,081 | $1,682 | $1,252 | $938 |
| 1 adult 3 children | $926 | $882 | $1,194 | $1,252 | $941 |
| 2 adults 2 children | $761 | $885 | $1,446 | $1,086 | $858 |
| 1 adult 2 children | $761 | $661 | $959 | $1,086 | $763 |
| 2 adults 1 child | $761 | $699 | $1,210 | $546 | $784 |
| 1 adult 1 child | $761 | $452 | $723 | $546 | $643 |
| 2 adults | $664 | $562 | $975 | $0 | $681 |
| 1 adult | $576 | $306 | $487 | $0 | $558 |
Safety trends & Data
Property crime in Butler County, Alabama, has seen a noticeable decline over the past five years, with burglaries dropping from 16 in 2018 to just 2 in 2022, and larceny-theft cases falling from 102 to 8. This positive shift could be an encouraging sign for potential investors, real estate agents, and new residents looking to evaluate the safety and stability of the area. The continued decrease in crime rates may have future implications for property valuation and insurance costs, making it a... Read more
Property Crime Trends in Butler County, AL Over the Last 5 Years
Property crime in Butler County, Alabama, has seen a significant decline over the past five years. In 2018, incidents like burglary and larceny-theft were notably high, with 16 and 102 cases respectively, but by 2022, those numbers had dropped to 2 and 8. Motor vehicle theft and vandalism also followed this downward trend. This shift might be an encouraging signal for prospective investors, real estate agents, and new residents seeking to gauge the safety and stability of the area. It's worth keeping an eye on these trends for future implications in property valuation and insurance assessments.
Demographics
Butler County, Alabama showcases an intriguing balance with a slightly higher female adult population. The dominant proportions of educational attainment indicate a significant number of high school graduates and those with some college experience, reflecting the community's investment in basic education. Age distribution highlights a steady representation across most age brackets, with notable peaks in the working-age population, which can suggest a potentially stable workforce. The race... Read more
Race Distribution in Butler County, Alabama (2022)
Educational Attainment in Butler County, Alabama (2022)
Age Distribution in Butler County, Alabama
Citizen Population in Butler County, Alabama (2022)
Political Trends & Data
In Butler County, Alabama, the 2020 U.S. Presidential Election results indicate a strong Republican inclination, with approximately 57.5% of the vote going to Republican candidates and 41.8% to Democrats. The minimal impact of third-party candidates underscores a polarized electorate, with substantial support for the two major... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Butler County, Alabama, the 2020 U.S. Presidential Election results show that Republicans held a significant lead with approximately 57.5% of the vote, while Democrats garnered around 41.8%. The presence of third-party votes was negligible, with less than 1% going to other candidates. This distribution suggests a strong Republican lean, though notable Democratic support also exists, potentially indicating a polarized electorate.
57.53% of voters voted for the Republican party in the 2020 Presidential Election
41.79% of voters voted for the Democrat party in the 2020 Presidential Election
0.69% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Butler County, Alabama, the student-to-teacher ratio has increased from 13 in 2014 to around 19 in recent years, outpacing the national average of 14 students per teacher. This shift might influence real estate decisions and property values, as larger class sizes can impact the quality of education, which is a key consideration for potential investors and families. Higher ratios could also affect community planning and insurance assessments due to the strong link between school performance... Read more
Student-to-teacher ratio in Butler County, Alabama over the last 10 years
Over the past decade, Butler County, Alabama has experienced a steady increase in its student-to-teacher ratio, rising notably from 13 in 2014 to around 19 in recent years. This shift could impact potential investors, real estate decisions, and community planning, as larger class sizes may influence the quality of education and overall appeal to families. Compared to the national average of 14 students per teacher, Butler County's higher ratios might raise concerns about individual student attention and educational outcomes. This trend may also affect property values and insurance assessments, considering the intrinsic link between local school performance and community desirability.
