Cullman County Real Estate and Livability Trends
Cullman County, Alabama's housing market is showing robust growth with median home values escalating from $143,700 in 2021 to $166,000 in 2022. This surge suggests underlying economic vitality, mirrored by heightened real estate taxes averaging $1,654.36. Trends indicating less agricultural activity, with a decline in farm tax returns to 4.79% in 2021, could hint at a shift towards more... Read more
Cullman County Market Trends
Cullman County, Alabama's real estate market has shown substantial growth, with median home values experiencing a steep rise from $143,700 in 2021 to $166,000 in 2022, suggesting a potentially strengthening local economy. This is mirrored by the increasing residential energy tax credits, peaking at $861.76 in 2021, implying a growing interest in energy-efficient homes. The average real estate... Read more
Median Value of Occupied Housing Units in Cullman County, Alabama Over the Last 8 Years
Over the past 8 years, median home values in Cullman County, Alabama have generally followed an upward trajectory, with a sharp rise from $143,700 in 2021 to $166,000 in 2022. This local growth is interesting to note as it closely mirrors the overall trends seen both statewide and nationally, but with a noticeably steeper increase in the most recent year. For investors and those looking to move to Cullman County, this could imply a strengthening local economy and increasing demand in the housing market, making it potentially more competitive compared to broader national and state trends.
Residential Energy Tax Credit Per Tax Return in Cullman County, AL Over the Last 9 Years
Residential energy tax credits in Cullman County, Alabama have seen a notable rise over the past nine years, with fluctuations reflecting broader economic and policy influences. Starting from $328.12 in 2013, the average credit per tax return jumped significantly, peaking at $861.76 in 2021. This trend indicates a growing emphasis on energy-efficient investments and potential savings for residents, making it an attractive area for green investments and eco-conscious living.
Average Real Estate Taxes Per Tax Return in Cullman County, AL Over the Last 10 Years
Cullman County, Alabama has seen a significant increase in average real estate taxes per tax return over the past decade. Starting from $771.07 in 2012, the figures rose steadily, with a notable spike to $1,428.30 in 2018 and peaking at around $1,654.36 in 2019 and 2020. This trend may indicate rising property values or changes in tax assessment rates, both of which are crucial for potential investors, homebuyers, and property developers to consider. This tax trend could reflect broader regional economic conditions and is worth attention for anyone financially linked to the area.
Percentage of Farm Returns in Cullman County, AL Over the Last 10 Years
Farm tax returns in Cullman County, Alabama have shown a consistent decline over the last decade, falling from 6.17% in 2012 to 4.79% in 2021. This trend could signal a decrease in farming activities or shifts toward other economic pursuits within the county. For potential investors or residents, this might indicate a changing landscape in terms of agricultural opportunities and could suggest a need to explore other industries for investment or career opportunities.
Number of Mortgages by Occupancy Type in Cullman County, AL Over the Last 5 Years in Cullman County
Cullman County, Alabama has seen varying trends in mortgage counts over the last five years, suggesting shifts in how properties are utilized. Principal residences consistently dominate the market, with figures peaking in 2020 at 5,056 before tapering slightly to 3,884 in 2022. Investment properties and second residences reflect smaller but notable investments, indicating a gradual yet modest interest increase in these categories. These changes in occupancy types might impact the county's economic landscape, influencing factors like property values and community stability. Investors and real estate agents could find these trends useful for identifying lucrative opportunities, while appraisers and insurance agents might look at occupancy mix to assess risk and valuation accurately. For prospective residents, understanding these dynamics can provide a clearer picture of the area's growth and investment potential.
Economic Outlook
Cullman County, Alabama has experienced a noticeable rise in average taxable income, moving from $46,211.39 in 2013 to $67,594.60 in 2021, hinting at economic growth and higher earning potential. Simultaneously, there's been a significant climb in state and local income taxes, increasing from $4,069.32 in 2012 to $10,088.57 in 2021, reflecting broader tax policy changes and income dynamics. Total tax liability has also surged, reaching $10,245.58 in 2021 from $6,586.49 in 2012, which might... Read more
Average Taxable Income per Tax Return in Cullman County, AL over the last 9 years
Over the last nine years, Cullman County, AL has witnessed a steady increase in average taxable income per tax return, rising from $46,211.39 in 2013 to $67,594.60 in 2021. This upward trend indicates economic growth and higher earning potential for residents, which may be attractive for prospective movers considering the area for its improving financial landscape.
Average State and Local Income Taxes Per Tax Return in Cullman County, AL Over the Last 10 Years
Over the last decade, Cullman County, AL has seen a significant rise in average state and local income taxes per tax return, climbing from $4,069.32 in 2012 to $10,088.57 in 2021. This considerable increase, particularly notable from 2018 onwards, reflects broader changes in tax policy and income levels, affecting the financial landscape for residents and potential movers.
Average Total Tax Liability Per Tax Return in Cullman County, AL Over the Last 10 Years
Over the past decade, Cullman County in Alabama has seen a steady increase in the average total tax liability per tax return. Starting from $6,586.49 in 2012, the liability has surged to $10,245.58 by 2021. This upward trend suggests a rise in overall income levels and economic activity, which could appeal to investors and potential residents seeking robust growth and opportunities in the area.
Cost of Living in Cullman County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,097 | $1,484 | $1,849 | $1,373 | $1,296 |
| 1 adult 4 children | $1,097 | $1,212 | $1,379 | $1,373 | $1,315 |
| 2 adults 3 children | $1,097 | $1,212 | $1,622 | $1,373 | $1,059 |
| 1 adult 3 children | $1,097 | $990 | $1,152 | $1,373 | $1,088 |
| 2 adults 2 children | $815 | $992 | $1,395 | $1,192 | $910 |
| 1 adult 2 children | $815 | $741 | $924 | $1,192 | $822 |
| 2 adults 1 child | $815 | $784 | $1,168 | $605 | $818 |
| 1 adult 1 child | $815 | $507 | $697 | $605 | $668 |
| 2 adults | $655 | $630 | $941 | $0 | $675 |
| 1 adult | $627 | $344 | $470 | $0 | $561 |
Safety trends & Data
Cullman County, Alabama's property crime rates have fluctuated over the past five years, with larceny-theft remaining a consistent concern, peaking at 344 incidents in 2019 but generally above 193 annually. Fraud has notably decreased since 2020, dipping to just 25 incidents in 2022, while arson has slightly increased to 3 cases recently. Burglary rates show variability without a clear trend, peaking at 53 in 2021 and dropping to 30 in 2022. These crime trends are essential for potential... Read more
Property Crime Trends in Cullman County, AL Over the Last 5 Years
Cullman County, Alabama has seen fluctuating property crime rates over the past five years. The most prominent categories affecting the area are larceny-theft and fraud, with the former hitting a high of 344 incidents in 2019 but generally staying above 193 yearly. Despite a noticeable dip in fraud cases from 2020 onwards, with the latest figures in 2022 only showing 25 incidents, arson slightly increased, reaching 3 incidents in 2022. Burglary shows no clear trend, peaking at 53 cases in 2021 but dropping to 30 in 2022. These trends are crucial for potential investors and residents as they reflect the county’s shifting safety landscape, directly impacting property values, insurance rates, and general residential attractiveness.
Demographics
Cullman County, Alabama shows interesting demographic patterns. The adult population is fairly balanced between males and females, indicating potential nuances in gender-related services and opportunities. When it comes to education, a significant portion of residents are high school graduates or have some college experience, but there's a noticeable drop-off at higher education levels. Age distribution reveals a relatively even spread across different age groups, though there's a slight... Read more
Race Distribution in Cullman County, Alabama (2022)
Educational Attainment in Cullman County, Alabama (2022)
Age Distribution in Cullman County, Alabama
Citizen Population in Cullman County, Alabama (2022)
Political Trends & Data
In Cullman County, Alabama, around 88% of votes in the 2020 U.S. Presidential Election went to the Republican candidate, with Democrats capturing roughly 11%. This overwhelming Republican majority points toward a deeply conservative voter base that could influence local policies and priorities, potentially impacting everything from zoning laws to property... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Cullman County, Alabama, a significant majority leaned Republican in the 2020 U.S. Presidential Election, with around 88% of the votes. Democrats trailed far behind at approximately 11%, and other parties barely made a dent. This strong Republican preference is a notable trend, suggesting a deeply entrenched conservative voter base.
88.12% of voters voted for the Republican party in the 2020 Presidential Election
10.70% of voters voted for the Democrat party in the 2020 Presidential Election
1.18% of voters voted for the Other party in the 2020 Presidential Election
School Data
Cullman County, Alabama has experienced fluctuating student-to-teacher ratios over the past decade, often trending above the national average of 14. Peaks in 2015 and 2022, with ratios of 18 and 19 students per teacher respectively, may signal staffing challenges or rising student enrollments. Such ratios could potentially sway families, investors in educational services, and real estate agents appealing to prospects who value smaller class sizes. Lower ratios might also appeal to educators and... Read more
Student-to-teacher ratio in Cullman County, Alabama over the last 10 years
Cullman County, Alabama has seen fluctuations in its student-to-teacher ratio over the past decade, generally trending above the national average of 14. Notable peaks occurred in 2015 and 2022, with ratios of 18 and 19 students per teacher respectively, reflecting perhaps instructional staffing challenges or increasing student enrollments. These higher ratios could influence educational outcomes, impacting decisions for families considering a move, investors in educational services, and real estate agents marketing to prospects valuing smaller class sizes. Lower ratios might appeal to educators and insurance agents assessing policy risks associated with overcrowded schools.
