Jefferson County Real Estate and Livability Trends
Jefferson County, Alabama has seen the average taxable income per tax return almost double from $60,775.54 in 2013 to $96,601.28 in 2021, hinting at robust economic growth. However, state and local income taxes per return also jumped from $5,729.45 in 2012 to $14,886.92 in 2021, which could impact potential residents. The median home value surged from $143,400 in 2015 to $208,900 in 2022,... Read more
Jefferson County Market Trends
The median home value in Jefferson County, Alabama surged from $143,400 in 2015 to $208,900 in 2022, outpacing state and national growth rates. This dynamic market suggests strong investment potential but also higher costs for buyers. Residential energy tax credits in the area rose considerably from $423.98 in 2013 to $1,922.37 by 2021, highlighting a push towards energy efficiency. Meanwhile,... Read more
Median Value of Occupied Housing Units in Jefferson County, Alabama Over the Last 8 Years
The median value of occupied housing units in Jefferson County, Alabama has climbed from $143,400 in 2015 to $208,900 in 2022. This local appreciation appears to outpace the state of Alabama, which increased from $125,500 to $179,400 in the same period. Additionally, the national median value rose from $125,500 to $179,400, suggesting Jefferson County's housing market is particularly dynamic. For investors and residents, this upward trajectory could indicate a solid investment potential and a strengthening market. However, prospective buyers might face steeper costs compared to state and national averages.
Residential Energy Tax Credit Per Tax Return in Jefferson County, AL Over the Last 9 Years
In Jefferson County, Alabama, there's been a significant upward trend in residential energy tax credits per tax return over the last nine years. Starting at $423.98 in 2013, the average credit saw a substantial increase to $1,085.87 by 2017, peaking at $2,213.78 in 2018. Despite a slight dip in 2019 to $1,570.63, credits rose again to reach $1,922.37 by 2021. This trend underscores a growing emphasis on energy-efficient upgrades, making it an attractive opportunity for investors and homeowners keen on sustainability.
Average Real Estate Taxes Per Tax Return in Jefferson County, AL Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Jefferson County, Alabama have seen a notable upward trend. Starting at around $2,107.58 in 2012, the tax amount has more than doubled, reaching approximately $4,547.06 by 2021. Particularly steep increases were observed from 2018 onwards, suggesting recent significant assessments or policy changes. This is crucial intel for potential investors or residents, indicating rising property tax burdens which might impact overall cost of living and investment returns.
Percentage of Farm Returns in Jefferson County, AL Over the Last 10 Years
Farm tax returns in Jefferson County, Alabama have shown mild fluctuations over the past decade, maintaining a consistent range around 0.30%. This reflects relatively stable agricultural activity in the area, suggesting a steady, if small, segment of the economy based on farming. For potential investors or those planning to build property, the consistency in farm returns suggests a reliable, though modest, market presence, which could be a point of stability in an otherwise diversified local economy.
Number of Mortgages by Occupancy Type in Jefferson County, AL Over the Last 5 Years in Jefferson County
Shifts in mortgage counts by occupancy type in Jefferson County, Alabama over the past five years reveal that principal residences consistently dominate the market, peaking in 2020 with over 43,000 mortgages. Investment properties follow, but show volatility, dropping from around 3,200 mortgages in 2021 to fewer than 2,700 in 2022. Second residences remain a minor segment with stable, low figures. These dynamics might suggest changes in population growth, investor confidence, or housing affordability, impacting decisions for real estate investors assessing potential returns, appraisers determining property values, and insurance agents evaluating risk. Developers and builders could also leverage this insight to tailor their projects to the evident demand patterns, while for residents or those considering moving to the area, it underscores the predominant role of owner-occupied homes in the local real estate landscape.
Economic Outlook
Jefferson County, AL has experienced nearly a doubling in average taxable income per tax return from $60,775.54 in 2013 to $96,601.28 in 2021, indicating robust economic growth. Alongside this, state and local income taxes per return have also surged from $5,729.45 in 2012 to $14,886.92 in 2021, implying a growing tax burden that potential residents should consider. The average total tax liability per return climbed from $12,450.37 in 2012 to $19,410.10 in 2021, reflecting increased economic... Read more
Average Taxable Income per Tax Return in Jefferson County, AL over the last 9 years
Jefferson County, AL has seen a significant upward trend in average taxable income per tax return over the past nine years. From $60,775.54 in 2013, the average income has nearly doubled to $96,601.28 in 2021. This trend suggests a robust economic growth which could be a draw for prospective residents seeking better employment and income opportunities. The sharp rise between 2020 and 2021, in particular, may indicate recent economic developments or shifts worth further exploration by individuals considering moving to the area.
Average State and Local Income Taxes Per Tax Return in Jefferson County, AL Over the Last 10 Years
In Jefferson County, AL, average state and local income taxes per tax return have steadily risen over the last decade, jumping from $5,729.45 in 2012 to a significant $14,886.92 in 2021. Notably, there was a dramatic increase around 2018, suggesting either a shift in tax policy or substantial income growth. This trend indicates a growing tax burden, which potential residents and current inhabitants should consider when evaluating the cost of living and financial planning in the area.
Average Total Tax Liability Per Tax Return in Jefferson County, AL Over the Last 10 Years
Over the last decade, Jefferson County, Alabama has seen a significant upward trend in the average total tax liability per tax return. Starting at $12,450.37 in 2012, the liability increased steadily, reaching $19,410.10 by 2021. This notable rise, particularly the sharp spike between 2020 and 2021, suggests growing economic activity and possibly rising incomes in the region. For investors and potential residents, these figures indicate a dynamic and financially evolving locale worth considering.
Cost of Living in Jefferson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,372 | $1,609 | $2,039 | $1,627 | $1,580 |
| 1 adult 4 children | $1,372 | $1,314 | $1,521 | $1,627 | $1,629 |
| 2 adults 3 children | $1,372 | $1,314 | $1,788 | $1,627 | $1,339 |
| 1 adult 3 children | $1,372 | $1,073 | $1,270 | $1,627 | $1,380 |
| 2 adults 2 children | $1,072 | $1,076 | $1,538 | $1,431 | $1,099 |
| 1 adult 2 children | $1,072 | $804 | $1,019 | $1,431 | $1,054 |
| 2 adults 1 child | $1,072 | $850 | $1,287 | $796 | $982 |
| 1 adult 1 child | $1,072 | $549 | $769 | $796 | $810 |
| 2 adults | $939 | $683 | $1,037 | $0 | $790 |
| 1 adult | $863 | $373 | $518 | $0 | $621 |
Safety trends & Data
Property crime trends in Jefferson County, Alabama point toward a notable decrease in incidents, especially in high-frequency categories like larceny-theft and burglary. From a peak of 2,456 larceny-theft cases in 2019, numbers fell dramatically to 905 by 2020 and later stabilized at 1,352 in 2022. Burglary incidents mirrored this trend, dropping from 285 in 2019 to 124 in 2020, then slightly increasing to 171 in 2022. These shifts suggest improved crime prevention and potentially safer... Read more
Property Crime Trends in Jefferson County, AL Over the Last 5 Years
Property crime trends in Jefferson County, Alabama over the last five years reveal a marked decrease in overall incidents, especially in high-frequency categories like larceny-theft and burglary. From a peak of 2,456 larceny-theft cases in 2019, the number dropped to 905 by 2020 and then settled at 1,352 in 2022. Burglary incidents showed a similar decline, falling from 285 in 2019 to 124 in 2020, before slightly rising to 171 in 2022. Other categories such as arson, embezzlement, and motor vehicle theft also saw fluctuations, yet largely stable or reduced figures in more recent years. For potential investors, property developers, and residents, this suggests successful crime prevention measures and potentially safer neighborhoods.
Demographics
Jefferson County, Alabama, shows intriguing gender and educational dynamics. With women outnumbering men, there's a subtle tilt in the demographic balance. The majority of the adult population has at least a high school diploma, but the county still has room to grow in achieving higher education levels, especially given the noticeable percentage of residents with some college but no degree. The age distribution suggests a balanced combination of youth and middle-aged residents, with notable... Read more
Race Distribution in Jefferson County, Alabama (2022)
Educational Attainment in Jefferson County, Alabama (2022)
Age Distribution in Jefferson County, Alabama
Citizen Population in Jefferson County, Alabama (2022)
Political Trends & Data
Jefferson County, Alabama's 2020 U.S. Presidential Election results indicated a slight Democratic lean with 55.8% of votes for the Democratic candidate and 42.6% for the Republican candidate. Third-party votes were minimal, around 1.6%, showing limited support for parties outside the main two. This represents a politically competitive landscape, reflecting a moderate Democratic tilt but not a decisive... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jefferson County, Alabama, showed a slight lean towards Democratic preferences in the 2020 U.S. Presidential Election, with around 55.8% of votes going to the Democratic candidate, compared to 42.6% for the Republican candidate. The presence of third-party votes was minimal, with only approximately 1.6% going to other candidates, and no significant support for Libertarian or Green parties. This suggests that while the county has a Democratic tilt, it remains fairly competitive.
42.61% of voters voted for the Republican party in the 2020 Presidential Election
55.76% of voters voted for the Democrat party in the 2020 Presidential Election
1.63% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Jefferson County, Alabama has ranged from 18 to 21 over the last decade, consistently above the national average of 14. The peak ratio hit 21 in 2016, while the lowest was 17 in 2021. These fluctuations may impact property values as lower ratios are generally linked with more individualized student attention. For real estate agents, investors, or developers, understanding these trends could be key when evaluating market growth or tailoring new projects to... Read more
Student-to-teacher ratio in Jefferson County, Alabama over the last 10 years
The student-to-teacher ratio in Jefferson County, Alabama has fluctuated over the last decade, with figures ranging from 18 to 21, generally staying above the national average of fourteen. At its highest in 2016, the ratio reached 21, compared to a lower mark of 17 in 2021. These variations in student-to-teacher ratios could influence decisions for prospective homeowners and renters, as lower ratios are typically associated with more individualized attention for students. For real estate agents, investors, appraisers, and insurance agents, understanding these trends might be beneficial when assessing property values or potential market growth. Developers and businesses looking to build property in the region may find these details essential for tailoring projects to the needs of a community valuing educational quality.
