Coffee County Real Estate and Livability Trends
In Coffee County, Alabama, median home values have steadily appreciated, rising from $142,400 in 2015 to $162,200 in 2022, indicating a stable investment environment. However, real estate taxes have nearly doubled over the decade to $2,069.41 in 2021, which could impact property owners' costs. There's growing interest in energy-efficient investments, as seen in the peak residential energy tax... Read more
Coffee County Market Trends
The median home value in Coffee County, Alabama has climbed steadily from $142,400 in 2015 to $162,200 in 2022, reflecting a stable investment environment with consistent appreciation. Interestingly, the area has also seen notable fluctuations in residential energy tax credits, peaking at $1,325.00 in 2018 before settling around $600.00 by 2021, suggesting growing interest in energy-efficient... Read more
Median Value of Occupied Housing Units in Coffee County, Alabama Over the Last 8 Years
Over the past eight years, the median home values in Coffee County, Alabama have gradually increased from $142,400 in 2015 to $162,200 in 2022. This growth trajectory mirrors, but slightly outpaces, the overall trend seen in Alabama, where values rose from $125,500 to $179,400 during the same period. Compared to the national median value, which surged from $125,500 to $179,400, Coffee County's real estate market presents a relatively stable yet upward investment opportunity. This consistent appreciation may make the area particularly appealing for those looking to invest in or move to a community with dependable property value growth.
Residential Energy Tax Credit Per Tax Return in Coffee County, AL Over the Last 9 Years
Over the past nine years, Coffee County, Alabama has experienced significant fluctuations in average residential energy tax credits per tax return. After starting at $329.55 in 2013, the credit peaked dramatically at $1,325.00 in 2018. Despite a subsequent drop, the figures stabilized around the $600.00 mark by 2021. These changes highlight a growing trend towards energy-efficient investments, making it an attractive spot for those looking to capitalize on green incentives.
Average Real Estate Taxes Per Tax Return in Coffee County, AL Over the Last 10 Years
Over the past decade in Coffee County, Alabama, average real estate taxes per tax return have shown a significant upward trend. Starting at approximately $1,146.12 in 2012, they climbed steadily to about $2,069.41 by 2021. Notably, there was a sharp increase between 2017 and 2018, with values jumping from $1,343.09 to $1,864.55, hinting at changes in property values, tax rates, or both. This is crucial for potential investors and residents considering the long-term financial implications of property ownership in this area.
Percentage of Farm Returns in Coffee County, AL Over the Last 10 Years
Over the last 10 years, the percentage of farm tax returns in Coffee County, Alabama, has experienced a slight decline, dropping from 4.51% in 2012 to a lowest of 3.60% in recent years. Despite occasional upticks, like the peak at 4.30% in 2016, the general trend points to a gradual decrease. This downward trajectory may signal transformative shifts in the region's agricultural sector, potentially indicating shifts in land use, farm profitability, or broader economic factors affecting the county. For investors and potential residents, understanding these trends is crucial for making informed decisions related to agriculture-based ventures and real estate investments in Coffee County.
Number of Mortgages by Occupancy Type in Coffee County, AL Over the Last 5 Years in Coffee County
Coffee County, Alabama has seen varied trends in mortgage counts based on occupancy type over the past five years. The number of mortgages for Principal Residences has generally remained the highest, peaking in 2021 with 3,879 instances, suggesting robust local demand for primary housing. Investment Properties have also seen a noticeable rise, reaching 373 in 2021 from just 155 in 2018, which could indicate a growing interest in the area for real estate investments. Second Residences, on the other hand, have remained relatively low but stable, with minor fluctuations. Changes in these occupancy types may impact local market dynamics, housing availability, and real estate valuations, offering insights for investors, prospective homeowners, and industry professionals seeking opportunities in Coffee County.
Economic Outlook
In Coffee County, Alabama, the average taxable income per tax return has grown from $51,875.43 in 2013 to $65,004.66 by 2021, reflecting a strong economic climate and enhanced earning potential for residents. However, state and local income taxes per return have nearly tripled over the past decade, increasing from $4,389.39 in 2012 to $10,016.46 by 2021, which implies a higher cost of living that newcomers should weigh carefully. Additionally, the average total tax liability per tax return also... Read more
Average Taxable Income per Tax Return in Coffee County, AL over the last 9 years
Over the last nine years, the average taxable income per tax return in Coffee County, AL has demonstrated a consistent increase, starting from $51,875.43 in 2013 and reaching $65,004.66 by 2021. This upward trend indicates a robust economic scenario and higher earning capabilities among residents, making the area attractive for prospective homebuyers and individuals planning to relocate.
Average State and Local Income Taxes Per Tax Return in Coffee County, AL Over the Last 10 Years
Average state and local income taxes per tax return in Coffee County, AL have seen a significant upward trend over the past decade. Starting at $4,389.39 in 2012, the amount has steadily increased, hitting $10,016.46 by 2021. This steep rise, especially between 2017 and 2021, indicates a rapidly growing tax burden that potential residents and current homeowners should consider when evaluating the cost of living in the area.
Average Total Tax Liability Per Tax Return in Coffee County, AL Over the Last 10 Years
Over the past decade in Coffee County, Alabama, the average total tax liability per tax return has shown a clear upward trend, rising from $7,846.54 in 2012 to $9,186.52 in 2021. Notably, there was a significant jump in 2016 to $9,041.04, and despite slight fluctuations, the overall trajectory suggests increasing economic activity and possibly rising incomes. This trend could indicate a growing local economy, making Coffee County an attractive prospect for investors and those considering moving to the area.
Cost of Living in Coffee County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,141 | $1,556 | $1,849 | $874 | $1,198 |
1 adult 4 children | $1,141 | $1,271 | $1,379 | $874 | $1,221 |
2 adults 3 children | $1,141 | $1,271 | $1,622 | $874 | $981 |
1 adult 3 children | $1,141 | $1,038 | $1,152 | $874 | $988 |
2 adults 2 children | $803 | $1,041 | $1,395 | $761 | $843 |
1 adult 2 children | $803 | $777 | $924 | $761 | $725 |
2 adults 1 child | $803 | $823 | $1,168 | $395 | $800 |
1 adult 1 child | $803 | $531 | $697 | $395 | $627 |
2 adults | $625 | $661 | $941 | $0 | $681 |
1 adult | $607 | $360 | $470 | $0 | $556 |
Safety trends & Data
Coffee County, Alabama has experienced notable fluctuations in property crime over the past five years, with larceny-theft peaking at 137 incidents in 2018 and decreasing to 100 by 2022. Burglary incidents dropped significantly from 54 in 2018 to 22 in 2021, only to rise again to 53 in 2022. Vandalism has seen a dramatic increase, from just one case in 2020 to 32 in 2022. These trends could be crucial for investors, property developers, and real estate agents as they may influence property... Read more
Property Crime Trends in Coffee County, AL Over the Last 5 Years
Over the past five years, Coffee County, Alabama has seen a significant fluctuation in property crimes, with larceny-theft consistently being the most common offense, peaking at 137 instances in 2018 before gradually falling to 100 in 2022. Burglary incidents saw a noticeable decline from 54 in 2018 to 22 in 2021, but then surged back to 53 in 2022. Vandalism arrests spiked dramatically from a low of just one in 2020 to 32 in 2022. These trends are vital for potential investors, property developers, and real estate agents, indicating how certain crimes ebb and flow, potentially impacting property values and insurance costs.
Demographics
Coffee County, Alabama, displays an adult population nearly balanced between males and females while its educational attainment skews heavily towards high school graduates and some college experience, with fewer residents holding a bachelor's or higher degree. Age distribution suggests a relatively even spread across various age groups, with slightly higher concentrations in the 25 to 34 and 35 to 44 year ranges. The racial composition is predominantly White, with smaller representations of... Read more
Race Distribution in Coffee County, Alabama (2022)
Educational Attainment in Coffee County, Alabama (2022)
Age Distribution in Coffee County, Alabama
Citizen Population in Coffee County, Alabama (2022)
Political Trends & Data
Coffee County, Alabama, appears to have a strong Republican leaning, as evidenced by nearly 76% of the 2020 Presidential Election vote going to the GOP. Democrats were far behind with close to 23%, and other parties barely registered with just over 1%. This suggests a strongly partisan electorate, potentially making third-party candidates less appealing in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Coffee County in Alabama leaned heavily Republican in the 2020 Presidential Election, with nearly 76% of the vote going to the GOP. Democrats garnered close to 23%, a distant second. Other parties barely made a dent, collectively capturing just over 1%, which suggests a strong two-party dominance in this region. This trend might indicate a highly partisan electorate with limited appeal for third-party candidates.
75.87% of voters voted for the Republican party in the 2020 Presidential Election
22.79% of voters voted for the Democrat party in the 2020 Presidential Election
1.35% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Coffee County, Alabama has consistently been above the national average, fluctuating between 15 and 20 students per teacher over the past decade. This peaked at 19.59 in 2018 and settled at 17.87 in 2023. For investors and real estate professionals, this could signal larger class sizes and potentially less individualized attention in schools, potentially affecting property values and insurance rates, and impacting the overall desirability of the... Read more
Student-to-teacher ratio in Coffee County, Alabama over the last 10 years
Over the past decade, the student-to-teacher ratio in Coffee County, Alabama has generally trended above the national average of 14, hovering between 15 and nearly 20 students per teacher. The ratio peaked in 2018 at 19.59 and has since shown some variability, settling at 17.87 in 2023. This higher-than-average ratio may be of interest to investors, real estate agents, and families evaluating the quality of education, as it could imply larger class sizes and potentially less individualized attention for students. Additionally, higher ratios might influence property values and insurance rates, reflecting on the overall desirability of the area for both residential and commercial purposes.