Pickens County Real Estate and Livability Trends
In Pickens County, Alabama, median home values have surged from $82,000.00 in 2015 to $119,800.00 in 2022, making it an appealing market for buyers relative to national benchmarks. As energy-efficient upgrades gained popularity, peaking with a $1,683.33 energy tax credit in 2018, the market looks favorable for eco-conscious investments. Real estate taxes have notably jumped from $760.91 in 2012... Read more
Pickens County Market Trends
Pickens County, Alabama's median home values have surged from $82,000 in 2015 to $119,800 in 2022, offering an attractive entry point compared to national figures. Energy-efficient upgrades have become popular, peaking with a $1,683.33 energy tax credit per return in 2018, suggesting a market ripe for eco-conscious buyers. Real estate taxes have jumped significantly, from $760.91 on average in... Read more
Median Value of Occupied Housing Units in Pickens County, Alabama Over the Last 8 Years
Pickens County, Alabama has seen its median home values consistently rise over the past eight years, significantly increasing from $82,000 in 2015 to $119,800 in 2022. This local growth trajectory is impressive when compared to the national median home values, which grew from $125,500 in 2015 to $179,400 in 2022. While Pickens County's figures are lower, this gap suggests potential for investors seeking affordable entry points with promising appreciation in a smaller market. This may offer a lucrative opportunity for those looking to capitalize on developing property or moving to a more cost-effective area with rising property values compared to broader trends in Alabama and the country.
Residential Energy Tax Credit Per Tax Return in Pickens County, AL Over the Last 9 Years
Over the past nine years, Pickens County, Alabama has seen a notable increase in the average residential energy tax credit per tax return, peaking at $1,683.33 in 2018. This steady rise suggests growing investments in energy-efficient home improvements, benefiting residents financially while potentially attracting eco-conscious buyers. For real estate investors, this trend underscores a community increasingly committed to sustainability, a factor that could drive property values up.
Average Real Estate Taxes Per Tax Return in Pickens County, AL Over the Last 10 Years
Pickens County, Alabama has experienced a noticeable upward trend in real estate taxes over the last decade. Starting from an average of around $760.91 per tax return in 2012, the taxes hovered around the $800 mark for several years before a sharp rise began in 2018, reaching $1,340.00 by 2021. This significant increase may indicate rising property values or changes in tax policies, which could be a crucial consideration for potential investors or residents assessing ongoing costs and financial planning.
Percentage of Farm Returns in Pickens County, AL Over the Last 10 Years
Over the past decade, the percentage of farm returns in Pickens County, Alabama, has fluctuated slightly, peaking at 6.27% in 2012 and dipping to a low of 4.86% in 2020. The most recent data from 2021 indicates a modest increase to 5.25%. This trend might interest those considering investment in or relocation to rural areas, reflecting the stability yet potential for agricultural activities. Farm tax returns in this context refer to the tax filings from agricultural operations, which can serve as an indicator of economic health, productivity, and sustainability within the farming community. These metrics are crucial for investors, developers, and residents evaluating the long-term viability and growth potential of agricultural enterprises in the county.
Number of Mortgages by Occupancy Type in Pickens County, AL Over the Last 5 Years in Pickens County
In Pickens County, Alabama, there has been a noticeable fluctuation in mortgage counts by occupancy type over the past five years. Principal residences consistently dominate, with a peak in 2021 before a slight decline in 2022. Investment property mortgages remain relatively steady but low in comparison. Second residences show minimal yet sporadic changes. These shifts matter for investors and real estate agents as they signal where buyer priorities may lie and guide targeted marketing. For appraisers and insurance agents, understanding these trends can impact property valuation and risk assessment. Builders might find insights into demand for specific housing types, while new residents can gauge the stability and appeal of the area.
Economic Outlook
Over the past decade, Pickens County, Alabama has experienced a steady rise in average taxable income, climbing from $39,534.00 in 2013 to $53,472.80 in 2021. Concurrently, state and local income taxes have surged dramatically, jumping from $3,193.22 in 2012 to $8,962.50 in 2021, with a particularly significant leap from $3,624.56 in 2017 to $6,150.00 in 2018. This increase in tax burden, coupled with a peak in average total tax liability at $7,482.23 in 2021, indicates both improving economic... Read more
Average Taxable Income per Tax Return in Pickens County, AL over the last 9 years
Over the past nine years, Pickens County, AL has exhibited a steady increase in the average taxable income per tax return, rising from $39,534.00 in 2013 to $53,472.80 in 2021. This growth trajectory suggests improving economic conditions and could indicate greater financial stability and potential for future development, making the county an attractive option for both current residents and newcomers.
Average State and Local Income Taxes Per Tax Return in Pickens County, AL Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Pickens County, AL have shown a notable upward trend, surging from $3,193.22 in 2012 to $8,962.50 in 2021. Particularly significant is the jump from $3,624.56 in 2017 to $6,150.00 in 2018, followed by continued increases. This sharp rise in tax burden could impact household financial planning and living expenses for current and prospective residents.
Average Total Tax Liability Per Tax Return in Pickens County, AL Over the Last 10 Years
Pickens County, Alabama has seen a steady increase in average total tax liability per tax return over the last decade, peaking at $7,482.23 in 2021. This upward trend highlights an increasing financial burden on residents, suggesting potential economic growth but also rising living costs. Investors and future residents should be keenly aware of this trend, as it could impact future financial planning and property values in the region.
Cost of Living in Pickens County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $979 | $1,460 | $1,886 | $1,242 | $1,226 |
| 1 adult 4 children | $979 | $1,192 | $1,406 | $1,242 | $1,230 |
| 2 adults 3 children | $979 | $1,193 | $1,655 | $1,242 | $988 |
| 1 adult 3 children | $979 | $974 | $1,175 | $1,242 | $1,002 |
| 2 adults 2 children | $740 | $976 | $1,423 | $1,076 | $871 |
| 1 adult 2 children | $740 | $729 | $943 | $1,076 | $767 |
| 2 adults 1 child | $740 | $772 | $1,191 | $537 | $788 |
| 1 adult 1 child | $740 | $498 | $712 | $537 | $634 |
| 2 adults | $562 | $620 | $960 | $0 | $652 |
| 1 adult | $558 | $338 | $480 | $0 | $540 |
Safety trends & Data
Pickens County, Alabama has seen fluctuating property crime rates over the last five years, with notable rises in burglary and vandalism in 2022. Larceny-theft remained fairly stable, hitting a peak at 9.0 incidents in 2022, while burglary cases, which were low in 2019, also increased to 5.0. Cases of fraud spiked significantly, reaching 6.0 in 2022. These crime trends could impact investment decisions, real estate valuations, and insurance assessments, reflecting the dynamic nature of crime in... Read more
Property Crime Trends in Pickens County, AL Over the Last 5 Years
Pickens County, Alabama has experienced fluctuating property crime rates over the last five years, with notable increases in burglary and vandalism in 2022 compared to previous years. Larceny-theft has remained somewhat consistent though it peaked at 9.0 incidents in 2022. Burglary cases dropped to a low in 2019 but saw a resurgence to 5.0 in 2022. Instances of fraud increased significantly in 2022, reaching 6.0. These trends could inform investment decisions, real estate valuations, and insurance assessments, highlighting the dynamic nature of crime in the area.
Demographics
In Pickens County, Alabama, a slight majority of adults are female, with 7,490 females compared to 7,144 males. Educational attainment shows a dominant high school graduate demographic, but there are still significant numbers without a diploma or holding only some college education. The age distribution is notably high in the 55 to 64-year bracket, while younger age groups under 10 years and between 10 to 14 years show lower numbers. Racially, the county is predominantly White (10,880), though... Read more
Race Distribution in Pickens County, Alabama (2022)
Educational Attainment in Pickens County, Alabama (2022)
Age Distribution in Pickens County, Alabama
Citizen Population in Pickens County, Alabama (2022)
Political Trends & Data
In Pickens County, Alabama, the 2020 U.S. Presidential Election results indicated a significant Republican leaning with around 58% of the vote, while the Democratic party secured approximately 42%. Other parties collectively captured a negligible portion, underscoring a strong two-party system. This voting pattern suggests a robust Republican influence that could be crucial in understanding local political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Pickens County, Alabama, the 2020 U.S. Presidential Election saw a predominant inclination towards the Republican party, which seemingly garnered around 58% of the vote. Comparatively, the Democratic party received approximately 42%, indicating a significant preference for Republican candidates. Other parties collectively appeared to capture a negligible share of the votes, highlighting a potentially strong two-party system within this county. This electoral behavior could imply a robust Republican influence in local political dynamics.
57.86% of voters voted for the Republican party in the 2020 Presidential Election
41.60% of voters voted for the Democrat party in the 2020 Presidential Election
0.54% of voters voted for the Other party in the 2020 Presidential Election
School Data
Pickens County, Alabama's student-to-teacher ratio has increased significantly over the past decade, from about 14 students per teacher in 2014 to roughly 20 in 2023. This spike is notably higher than the national average of around 14 students per teacher and could impact the attraction of new residents prioritizing education quality. Real estate values and insurance rates might also be influenced, making this trend crucial for both real estate agents and investors eyeing educational... Read more
Student-to-teacher ratio in Pickens County, Alabama over the last 10 years
Pickens County, Alabama has experienced a notable increase in the student-to-teacher ratio over the past decade, rising from approximately 14 students per teacher in 2014 to about 20 in 2023. This increase suggests that class sizes are growing, potentially impacting the quality of education as personal attention per student diminishes. With the national average at around 14 students per teacher, Pickens County's higher ratios could be a concern for families prioritizing education quality and might influence real estate values, insurance rates, and investment opportunities in the area. For real estate agents, this trend could be essential when highlighting school district information to prospective buyers, while investors might see opportunities for educational development projects.
