Jackson County Real Estate and Livability Trends
Jackson County, Alabama has seen average taxable income per tax return rise to $60,059.30 in 2021 from $43,140.14 in 2013, hinting at stronger financial health for residents. Despite median home values increasing modestly to $126,900 in 2022, they remain lower than state and national averages, suggesting potential investment opportunities. Property crime rates have dropped dramatically, with... Read more
Jackson County Market Trends
Jackson County, Alabama, has experienced a relatively modest rise in median home values, from $98,900 in 2015 to $126,900 in 2022, significantly lagging behind state and national trends. This affordability may present investment opportunities given the area's stable growth and potentially undervalued market. Meanwhile, fluctuations in residential energy tax credits suggest a growing interest in... Read more
Median Value of Occupied Housing Units in Jackson County, Alabama Over the Last 8 Years
Over the last eight years, the median home values in Jackson County, Alabama have seen a steady but relatively modest increase compared to state and national trends. Starting at $98,900 in 2015 and rising to $126,900 in 2022, Jackson County remains significantly below both the Alabama state average, which ascended from $125,500 to $179,400, and the national average. This could suggest potential investment opportunities, as housing in Jackson County may be undervalued relative to broader market trends. The gradual rise in home values here could indicate a stable market that investors, first-time home buyers, and developers might find appealing due to its affordability and growth potential.
Residential Energy Tax Credit Per Tax Return in Jackson County, AL Over the Last 9 Years
Over the past nine years, residents in Jackson County, Alabama have seen significant fluctuations in their average residential energy tax credits per tax return. Starting at $278.05 in 2013, the amount doubled to $592.31 by 2017, and even peaked at $1,033.33 in 2018. Though it then dipped to $376.92 in 2019, the amount has been moderately increasing since, reaching $473.68 in 2021. These numbers highlight the growing investment in energy-efficient improvements among residents, making this area attractive for eco-conscious homebuyers and investors.
Average Real Estate Taxes Per Tax Return in Jackson County, AL Over the Last 10 Years
Over the last decade, Jackson County, Alabama has seen a noteworthy rise in average real estate taxes per tax return. From a modest $851.43 in 2012, taxes have gradually increased, reaching $2,159.26 by 2021. This upward trend highlights potentially rising property values and could impact housing affordability for residents. Prospective investors and developers should consider this incremental tax burden when planning new projects or investments in the area.
Percentage of Farm Returns in Jackson County, AL Over the Last 10 Years
Farm tax returns in Jackson County, Alabama have exhibited a slight downward trend over the past decade. Starting at 6.19% in 2012, the percentage has gradually decreased to 5.47% by 2021. This subtle decline highlights a potential shift in the local agricultural economy, possibly influencing decisions for investors, developers, and potential residents considering the agricultural viability and economic conditions of the area.
Number of Mortgages by Occupancy Type in Jackson County, AL Over the Last 5 Years in Jackson County
Mortgage trends in Jackson County, Alabama, reveal shifting patterns in occupancy types over the last five years. Principal residences consistently accounted for the majority of mortgages, seeing a notable peak in 2021 at 2,373 before declining to 1,925 in 2022. Investment properties, while markedly fewer, have exhibited a slight increase, contrasting with more stable figures for second residences. Changes in these occupancy types matter as they can signal broader economic trends, influence property values, and impact the insurance risk profiles within the region. These shifts are crucial for investors, real estate agents, and appraisers alike, providing insights into market demand and potential returns on different types of properties.
Economic Outlook
Jackson County, Alabama, has seen average taxable income per tax return rise from $43,140.14 in 2013 to $60,059.30 in 2021, pointing to improving economic conditions. However, accompanying this growth is a significant increase in state and local income taxes, which jumped from $3,912.97 in 2012 to $10,250.98 in 2021, reflecting broader economic shifts or policy changes. Average total tax liability per tax return also rose from $5,991.40 in 2012 to $8,492.74 in 2021, with a notable spike between... Read more
Average Taxable Income per Tax Return in Jackson County, AL over the last 9 years
Jackson County, AL has experienced a consistent increase in average taxable income per tax return over the last nine years, culminating in a significant rise to $60,059.30 in 2021 from $43,140.14 in 2013. This steady growth highlights the county's improving economic conditions, making it an attractive location for potential residents seeking financial stability and growth opportunities.
Average State and Local Income Taxes Per Tax Return in Jackson County, AL Over the Last 10 Years
Over the past decade, Jackson County, AL has seen a significant increase in average state and local income taxes per tax return, rising from $3,912.97 in 2012 to $10,250.98 in 2021. This sharp upward trend, particularly notable from 2018 onwards, indicates a growing tax burden for residents, reflecting broader economic shifts or policy changes that may impact household finances. Potential movers should consider these escalating taxes as a critical factor for financial planning and cost of living assessments.
Average Total Tax Liability Per Tax Return in Jackson County, AL Over the Last 10 Years
Jackson County, Alabama has seen a steady increase in average total tax liability per tax return over the past decade. Starting at $5,991.40 in 2012, the figure climbed to $8,492.74 by 2021. Notably, a significant jump occurred between 2020 and 2021, correlating with broader economic conditions and local fiscal policies. For investors and prospective residents, this trend underscores a rising tax burden which can impact financial planning and property investment decisions.
Cost of Living in Jackson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $901 | $1,315 | $1,917 | $764 | $952 |
| 2 adults 3 children | $901 | $1,074 | $1,682 | $764 | $777 |
| 1 adult 4 children | $901 | $1,074 | $1,430 | $764 | $916 |
| 1 adult 3 children | $901 | $877 | $1,194 | $764 | $715 |
| 2 adults 2 children | $740 | $879 | $1,446 | $662 | $717 |
| 2 adults 1 child | $740 | $695 | $1,210 | $331 | $698 |
| 1 adult 2 children | $740 | $657 | $959 | $662 | $590 |
| 1 adult 1 child | $740 | $449 | $723 | $331 | $554 |
| 2 adults | $624 | $558 | $975 | $0 | $642 |
| 1 adult | $560 | $305 | $487 | $0 | $523 |
Safety trends & Data
In Jackson County, Alabama, property crime has seen a substantial drop over the last five years. Larceny-theft cases plummeted from 277 in 2018 to just 13 in 2022, and burglary incidents fell to zero by 2022 from 14 in 2018. Fraud and forgery cases showed only minor fluctuations. This positive shift in crime rates could make the area more attractive for potential investors and new residents, pointing to a safer and more stable community... Read more
Property Crime Trends in Jackson County, AL Over the Last 5 Years
Over the last five years in Jackson County, Alabama, there's been a notable decline in property crime, particularly larceny-theft, which dropped from 277 cases in 2018 to just 13 in 2022. Burglary incidents also decreased significantly, from 14 in 2018 to zero by 2022. Fraud and forgery cases have generally remained relatively steady, with a slight fluctuation. This downward trend could likely appeal to those considering investing or moving to the area, as it suggests improving safety and stability in the local community.
Demographics
Jackson County, Alabama, shows a nearly balanced gender distribution with slightly more females. The educational attainment reveals a significant number of residents are high school graduates, though fewer have obtained associate's or bachelor's degrees, which may suggest areas for potential educational improvement. Age distribution highlights a higher concentration of older adults, particularly those aged 55 to 64, likely impacting local services and resources. Racially, the county is... Read more
Race Distribution in Jackson County, Alabama (2022)
Educational Attainment in Jackson County, Alabama (2022)
Age Distribution in Jackson County, Alabama
Citizen Population in Jackson County, Alabama (2022)
Political Trends & Data
Jackson County, Alabama, showed a strong preference for the Republican party with about 83% of the votes in the 2020 U.S. Presidential Election. Democrats managed around 16%, with negligible votes for minor parties. This overwhelming support for Republicans could suggest a deeply conservative voter base, which might influence local policy and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jackson County, Alabama, leaned heavily Republican in the 2020 U.S. Presidential Election, with approximately 83% of voters supporting the party. Democrats garnered around 16% of the vote, suggesting limited but notable support. Minor parties like the Libertarian and Green parties received negligible votes, highlighting a clear preference for the two dominant parties. This trend might indicate strong conservative tendencies within the electorate.
83.22% of voters voted for the Republican party in the 2020 Presidential Election
15.73% of voters voted for the Democrat party in the 2020 Presidential Election
1.05% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Jackson County, Alabama, the student-to-teacher ratio has risen from 14 in 2014 to over 19 in 2022, surpassing the national average of 14. This trend might concern potential investors, appraisers, and families prioritizing education, subtly impacting real estate decisions in the area. Higher ratios could suggest issues for prospective buyers focused on educational... Read more
Student-to-teacher ratio in Jackson County, Alabama over the last 10 years
In Jackson County, Alabama, the student-to-teacher ratio has shown an upward trend over the past decade. Starting at 14 students per teacher in 2014, the ratio increased to 16 by 2015 and continued rising, peaking at over 19 in 2022. This is notably higher than the US national average of 14 students per teacher. Such shifts in the student-to-teacher ratio can impact educational outcomes and influence decisions for potential investors, appraisers, and families considering relocation to the area. For real estate agents, an increasing ratio might suggest potential issues for prospective buyers prioritizing education.
