Macon County Real Estate and Livability Trends
Macon County, Alabama, is witnessing notable economic shifts, with average taxable income jumping from $33,272.79 to $42,445.39 between 2013 and 2021, despite a parallel increase in state and local income taxes to $5,273.33. Median housing values rose from $74,700 in 2015 to $93,900 in 2022, yet this growth lags behind broader trends. Interestingly, residential energy tax credits spiked... Read more
Macon County Market Trends
Macon County, Alabama, has seen its median housing value increase from $74,700 in 2015 to $93,900 in 2022, though this growth trails both state and national rates. Interestingly, residential energy tax credits per tax return have spiked, especially from 2017 onward, suggesting heightened interest in energy-efficient homes. Real estate taxes have also risen sharply from $884.38 in 2012 to... Read more
Median Value of Occupied Housing Units in Macon County, Alabama Over the Last 8 Years
Macon County, Alabama, has experienced a steady increase in the median value of occupied housing units over the past eight years, rising from $74,700 in 2015 to $93,900 in 2022. While this growth is significant, it lags behind both the state of Alabama and the national median values. In comparison, Alabama’s median home values jumped from $125,500 in 2015 to $179,400 in 2022, while national figures saw a rise from $125,500 to $179,400 during the same period. This suggests that while Macon County offers more affordable housing options, it may not be as strong an investment opportunity as the broader Alabama state or national markets for those looking for higher property value appreciation.
Residential Energy Tax Credit Per Tax Return in Macon County, AL Over the Last 9 Years
Macon County, Alabama has shown a dynamic trend in residential energy tax credits per tax return over the past nine years. Starting from $435.29 in 2013, the average credit fluctuated but saw substantial gains particularly in the latter years, peaking at $1537.50 in 2018. The increase especially from 2017 onwards indicates a significant push towards energy efficiency, possibly driven by local incentives or rising energy costs. This trend suggests a robust opportunity for investors focusing on green tech and sustainable housing developments, as the community is evidently responsive to energy-saving initiatives.
Average Real Estate Taxes Per Tax Return in Macon County, AL Over the Last 10 Years
Over the past decade, Macon County, Alabama has seen a notable increase in average real estate taxes per tax return, starting at $884.38 in 2012 and reaching $1,585.71 by 2021. This upward trend may suggest rising property values or increased local tax rates, factors which could influence the cost of homeownership. The sharp rises particularly in 2018 and 2019 indicate potential shifts in county fiscal policies or significant property market changes, which are crucial for potential investors and current residents to monitor.
Percentage of Farm Returns in Macon County, AL Over the Last 10 Years
Farm tax returns in Macon County, Alabama, have generally hovered around the 3.0% to 3.4% mark over the past decade, with slight fluctuations each year. The peak was in 2018 at 3.42%, while the lowest point was in 2020 at 2.64%. Farm tax returns are critical indicators for gauging the agricultural sector's health, influencing property investments and development in the region. The trends suggest a relatively stable agricultural economy, making Macon County an intriguing option for anyone considering investments in farming or related real estate.
Number of Mortgages by Occupancy Type in Macon County, AL Over the Last 5 Years in Macon County
In Macon County, Alabama, principal residences dominate the mortgage landscape, reflecting a stable demand for homes meant for primary living. While investment properties show a modest increase over the last five years, second residences remain relatively low, possibly indicating limited interest or opportunity in vacation or secondary homes. For investors, the consistent, albeit smaller, rise in investment property mortgages suggests a budding market with potential. Real estate agents and those considering building new properties might find this trend insightful as it indicates where demand is strongest, while appraisers and insurance agents can use this data to gauge the stability and risk associated with different occupancy types in this area.
Economic Outlook
Macon County, Alabama has experienced a notable rise in average taxable income per tax return, increasing from $33,272.79 in 2013 to $42,445.39 in 2021, hinting at economic growth and better job opportunities. However, this has been accompanied by a significant jump in average state and local income taxes, from $3,261.36 in 2012 to $5,273.33 by 2021, underscoring the importance of financial planning for potential movers. Additionally, the average total tax liability per tax return has grown... Read more
Average Taxable Income per Tax Return in Macon County, AL over the last 9 years
Over the past nine years, Macon County, AL has seen a steady increase in average taxable income per tax return, rising from $33,272.79 in 2013 to $42,445.39 in 2021. The upward trend signifies economic growth and potentially greater job opportunities, making the county increasingly attractive for new residents seeking financial stability. This continuous rise in income suggests improved local economic conditions and a positive outlook for those considering moving to the area.
Average State and Local Income Taxes Per Tax Return in Macon County, AL Over the Last 10 Years
Over the last decade, Macon County, AL has seen a significant increase in average state and local income taxes per tax return, climbing from $3,261.36 in 2012 to $5,273.33 by 2021. Noteworthy spikes occurred in 2018 and 2020, marking critical evaluation points for potential residents considering the county's evolving tax landscape. This sharp rise in tax burdens suggests a need for caution and thorough financial planning for prospective movers and current inhabitants.
Average Total Tax Liability Per Tax Return in Macon County, AL Over the Last 10 Years
Macon County, Alabama has seen a notable increase in average total tax liability per tax return over the past decade, rising from $3,981.11 in 2012 to $5,460.81 in 2021. This upward trend suggests a growing tax burden, possibly reflecting higher incomes, property values, or local economic factors. For investors and future residents, understanding these changes is crucial as they point to both the economic development and the potential financial commitments in the area.
Cost of Living in Macon County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $977 | $1,613 | $1,917 | $1,320 | $1,287 |
| 1 adult 4 children | $977 | $1,317 | $1,430 | $1,320 | $1,285 |
| 2 adults 3 children | $977 | $1,317 | $1,682 | $1,320 | $1,037 |
| 1 adult 3 children | $977 | $1,076 | $1,194 | $1,320 | $1,044 |
| 2 adults 2 children | $772 | $1,078 | $1,446 | $1,149 | $912 |
| 1 adult 2 children | $772 | $806 | $959 | $1,149 | $807 |
| 2 adults 1 child | $772 | $852 | $1,210 | $593 | $818 |
| 1 adult 1 child | $772 | $551 | $723 | $593 | $654 |
| 2 adults | $586 | $685 | $975 | $0 | $661 |
| 1 adult | $584 | $373 | $487 | $0 | $542 |
Safety trends & Data
Macon County, Alabama has experienced notable fluctuations in property crime rates over the past five years. Burglaries dropped dramatically from 19 in 2019 to just one by 2022, and larceny-theft cases, peaking at 18 in 2019, have since stabilized. While arson and motor vehicle theft have been rare, vandalism cases saw a spike in 2019 before declining. These improving crime trends could suggest enhanced local enforcement and increased community safety, potentially making the area more appealing... Read more
Property Crime Trends in Macon County, AL Over the Last 5 Years
Macon County, Alabama has seen fluctuating property crime rates over the past five years, with a notable decline in recent years. From a high of 19 burglaries in 2019, the number plummeted to only one by 2022. Larceny-theft cases peaked at 18 around 2019 but generally stabilized, while arson and motor vehicle theft have remained infrequent. Interestingly, cases of vandalism surged in 2019 but decreased afterward. Potential investors, builders, and real estate agents might view the declining crime trends as indicative of improved local enforcement and community safety, suggesting a potentially more attractive environment for residential and commercial development.
Demographics
Macon County, Alabama shows a predominantly Black or African American population, which could influence cultural and community activities in the area. A noticeable gender imbalance is present, with slightly more females than males. Educational attainment trends hint at potential areas for development, considering a substantial portion of the population with no high school diploma. The age distribution exhibits a significant youth and senior population, suggesting varied community resources and... Read more
Race Distribution in Macon County, Alabama (2022)
Educational Attainment in Macon County, Alabama (2022)
Age Distribution in Macon County, Alabama
Citizen Population in Macon County, Alabama (2022)
Political Trends & Data
Macon County, Alabama, showed a notable Democratic lean in the 2020 U.S. Presidential Election, with about 81% of the vote going to the Democratic party. Republicans held roughly 18%, with other parties receiving less than 1%. This Democratic dominance could influence local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Macon County, Alabama, saw a significant inclination towards the Democratic party during the 2020 U.S. Presidential Election, capturing around 81% of the vote. Republicans garnered approximately 18%, while other parties combined made up less than 1%. This suggests a strong Democratic presence in the area, potentially influencing local policies and community priorities.
17.67% of voters voted for the Republican party in the 2020 Presidential Election
81.49% of voters voted for the Democrat party in the 2020 Presidential Election
0.85% of voters voted for the Other party in the 2020 Presidential Election
School Data
Macon County, Alabama has experienced significant swings in its student-to-teacher ratio over the past decade, with a notable spike to nearly 30 students per teacher in 2022—more than double the national average of 14. These fluctuations could reflect temporary issues or changes in local educational policies or resources. For real estate investors and families, this matters because it touches on the quality of education and potential community stability. Addressing this variability could be... Read more
Student-to-teacher ratio in Macon County, Alabama over the last 10 years
Macon County, Alabama has seen fluctuations in its student-to-teacher ratio over the past decade, with notable increases and some drops. The ratio spiked dramatically to nearly 30 students per teacher in 2022, which is more than double the current national average of 14 students per teacher. This could suggest temporary issues or changes in local educational policies or resources. Investors, real estate agents, and families might find these trends significant as they reflect on the quality of education and potential community stability. For those in education or local government, addressing these fluctuations might hold the key to achieving more balanced and manageable class sizes.
