Cleburne County Real Estate and Livability Trends
Cleburne County, Alabama, has seen a notable rise in average taxable income, spiking from $42,711.11 in 2013 to $56,796.39 in 2021, hinting at financial stability that could appeal to prospective residents. This economic growth, coupled with increasing state and local income taxes, suggests an expanding consumer spending power that might attract homebuyers and developers. The median home value... Read more
Cleburne County Market Trends
In Cleburne County, Alabama, the median home value increased from $108,000.00 in 2015 to $131,900.00 in 2022, hinting at a strengthening local market, although still trailing state and national averages. The rise in residential energy tax credits from $270.00 in 2013 to $757.14 in 2021 underscores a growing focus on sustainable home upgrades. Average real estate taxes have also surged from... Read more
Median Value of Occupied Housing Units in Cleburne County, Alabama Over the Last 8 Years
In Cleburne County, Alabama, the median home value has seen a steady increase over the last eight years, jumping from $108,000.00 in 2015 to $131,900.00 in 2022. This uptick indicates that the local market may be gaining strength, though it still lags behind both the state and national averages. For comparison, median home values in Alabama climbed from $125,500.00 in 2015 to $179,400.00 in 2022, while the national median surged from $125,500.00 to $179,400.00 during the same period. This trend suggests potential for growth and affordability relative to broader markets, appealing to both investors and homebuyers looking to capitalize on a potentially underpriced area.
Residential Energy Tax Credit Per Tax Return in Cleburne County, AL Over the Last 8 Years
Cleburne County, Alabama has seen significant fluctuations in residential energy tax credits, reflecting a growing emphasis on energy-efficient improvements. The average credit per return jumped from $270.00 in 2013 to a peak of $757.14 in 2021, indicating increasing investments in sustainable home upgrades. This trend could attract eco-conscious investors and homeowners looking to benefit from substantial tax incentives while contributing to energy conservation.
Average Real Estate Taxes Per Tax Return in Cleburne County, AL Over the Last 10 Years
In the past decade, Cleburne County, Alabama has seen a steady increase in average real estate taxes per tax return, rising from $860.95 in 2012 to $1,621.05 in 2021. Notably, there's been a significant uptick since 2018, with taxes jumping from approximately $968.09 in 2017 to $1,366.67 in 2018 and continuing to rise. This trend could suggest growing property values or shifts in local tax policies, making it a key consideration for potential investors, homebuyers, and property developers in the area.
Percentage of Farm Returns in Cleburne County, AL Over the Last 10 Years
Over the last 10 years, the percentage of farm tax returns in Cleburne County, Alabama, has fluctuated between 5.86% in 2020 to 6.74% in 2016. Farm tax returns, which represent the share of tax filings from agricultural businesses, can provide insight into the county's agricultural activity and economic health. Investors and property developers might find the relatively stable but varied farm return rates significant, indicating both a steady presence and some volatility in the agricultural sector. This stability and activity can suggest the potential for growth or stability in the local economy, making Cleburne County an interesting prospect for those looking to engage with its agricultural and rural development.
Number of Mortgages by Occupancy Type in Cleburne County, AL Over the Last 5 Years in Cleburne County
In Cleburne County, Alabama, the number of mortgages for principal residences has seen a general increase over the past five years, peaking at 657 in 2021. Investment property mortgages, while fewer, have shown a slight fluctuation, holding relatively steady between 10 and 21 annually. Mortgages for second residences are minimal but have had some variance. The rising number of principal residence mortgages might indicate a growing resident population, which can affect local demand for amenities and services. For investors and real estate agents, understanding these trends provides insight into market stability and potential areas for growth. Appraisers and insurance agents might find that the dominant principal residence market impacts property values and insurance premiums. For residents and those looking to move to the area, this data could imply a stable or growing community, with real estate primarily driven by owner-occupied homes rather than investment or secondary properties.
Economic Outlook
Cleburne County, Alabama has experienced a steady increase in average taxable income per tax return, climbing from $42,711.11 in 2013 to $56,796.39 in 2021. This trend, especially notable in 2015 and 2021, points towards a robust local economy that may appeal to new residents seeking financial stability. Additionally, average state and local income taxes per tax return have risen significantly, from $3,673.58 in 2012 to $7,378.95 in 2021, with a sharp increase observed between 2017 and 2018.... Read more
Average Taxable Income per Tax Return in Cleburne County, AL over the last 9 years
Over the past nine years, Cleburne County, AL has seen a steady increase in average taxable income per tax return, rising from $42,711.11 in 2013 to $56,796.39 in 2021. This upward trend, particularly notable with significant jumps in 2015 and 2021, indicates a strengthening local economy which may appeal to potential residents looking for economic stability and growth opportunities.
Average State and Local Income Taxes Per Tax Return in Cleburne County, AL Over the Last 10 Years
Over the past decade, Cleburne County, AL has seen a marked increase in average state and local income taxes per tax return, escalating from $3,673.58 in 2012 to $7,378.95 in 2021. A particularly sharp rise is noted between 2017 and 2018, with taxes jumping from $4,391.43 to $6,339.13, reflecting broader economic changes or policy shifts. For residents or potential movers, the increased tax burden suggests growth in income-driven contributions but also potential for improved local services and infrastructure.
Average Total Tax Liability Per Tax Return in Cleburne County, AL Over the Last 10 Years
Average total tax liability per tax return in Cleburne County, Alabama has shown a consistent upward trend over the past decade, growing from $5,211.22 in 2012 to $7,188.37 in 2021. This steady increase, with notable spikes in 2016 and 2021, suggests a growing economic base and rising incomes. For potential investors, this trend indicates a robust local economy and increasing consumer spending power. Homebuyers and developers might view this positively, as it points to an area with financial stability and potential for property appreciation.
Cost of Living in Cleburne County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $966 | $1,468 | $1,849 | $954 | $1,102 |
1 adult 4 children | $966 | $1,199 | $1,379 | $954 | $1,092 |
2 adults 3 children | $966 | $1,199 | $1,622 | $954 | $891 |
1 adult 3 children | $966 | $979 | $1,152 | $954 | $863 |
2 adults 2 children | $741 | $982 | $1,395 | $833 | $797 |
1 adult 2 children | $741 | $733 | $924 | $833 | $674 |
2 adults 1 child | $741 | $776 | $1,168 | $442 | $754 |
1 adult 1 child | $741 | $501 | $697 | $442 | $603 |
2 adults | $594 | $623 | $941 | $0 | $655 |
1 adult | $561 | $340 | $470 | $0 | $537 |
Safety trends & Data
Over the past five years, property crime rates in Cleburne County, Alabama have generally trended downward, which could suggest a safer investment environment and better property valuations. Burglary arrests declined from 11 in 2018 to just 2 in 2021, and larceny-theft dropped dramatically from 25 in 2018 to zero by 2020. Motor vehicle thefts went down from 11 in 2019 to a single instance in 2022. However, investors should stay alert to occasional spikes in specific crime categories like fraud,... Read more
Property Crime Trends in Cleburne County, AL Over the Last 5 Years
Over the past five years, Cleburne County, Alabama has seen significant fluctuations in property crime rates. Burglary arrests dropped from 11 in 2018 to just 2 in 2021. Larceny-theft saw a notable fall from 25 in 2018 to only 1 in 2020, with no recorded instances thereafter. Motor vehicle theft also showed a decline, decreasing from a high of 11 in 2019 to just 1 in 2022. Fraud cases surged in 2019 with 18 incidents but have not been reported since. This overall downward trend in property crime could potentially indicate a safer investment environment and better property valuations, though potential investors and stakeholders should remain aware of occasional rises in specific crime categories.
Demographics
In 2022, Cleburne County, Alabama shows a near-equal gender distribution with 5,853 females to 5,739 males. Educational levels indicate a large segment of high school graduates, followed by a sizeable group with some college experience but no degree. Age-wise, the population is spread across a wide range, with noticeable peaks in the 45-54 and 55-64 age groups. Racial demographics are predominantly White, with minimal representation from other races. The data suggest possible focus areas for... Read more
Race Distribution in Cleburne County, Alabama (2022)
Educational Attainment in Cleburne County, Alabama (2022)
Age Distribution in Cleburne County, Alabama
Citizen Population in Cleburne County, Alabama (2022)
Political Trends & Data
Cleburne County, Alabama, shows a robust leaning towards the Republican party, with nearly 90% of the vote in the 2020 U.S. Presidential Election. Democrats received just over 9%, suggesting a weak foothold for the party and minimal support for third parties. This significant Republican dominance might imply a local demand for policies favoring conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Cleburne County, Alabama, the 2020 U.S. Presidential Election saw a dominant Republican presence with nearly 90% of the vote, while Democrats garnered just over 9%. The minimal support for other parties could indicate a strong preference for traditional two-party dynamics in the area.
89.72% of voters voted for the Republican party in the 2020 Presidential Election
9.34% of voters voted for the Democrat party in the 2020 Presidential Election
0.94% of voters voted for the Other party in the 2020 Presidential Election
School Data
Cleburne County, Alabama has experienced student-to-teacher ratios consistently above the national average over the past decade, peaking at 18 in 2022 compared to the average of 14. This trend may point to larger class sizes, impacting individual student attention and overall educational quality. For those in the real estate market, these figures are essential to consider, as they could influence the area’s desirability for families prioritizing education, potentially affecting property... Read more
Student-to-teacher ratio in Cleburne County, Alabama over the last 10 years
Over the past decade, Cleburne County, Alabama has consistently seen student-to-teacher ratios above the national average of 14, with figures ranging from 14 in 2014 to a peak of 18 in 2022. Such elevated ratios can indicate larger class sizes, which might affect individual student attention and overall educational quality. Variations in these ratios are crucial for potential investors and real estate agents to consider, as they can influence the desirability of the county for families prioritizing education. Higher ratios could also potentially impact property values and insurance premiums, as well as future development plans by indicating strains on local educational infrastructure.