Talladega County Real Estate and Livability Trends
Talladega County, Alabama has seen a notable rise in median home values, from $93,400 in 2015 to $131,900 in 2022, hinting at promising investment opportunities. Average residential energy tax credits per tax return leaped from $405.15 in 2013 to $2,016.84 in 2021, suggesting increased incentives for energy-efficient home improvements. Meanwhile, real estate taxes grew from $847.04 in 2012 to... Read more
Talladega County Market Trends
The median home values in Talladega County, Alabama, have shown notable growth over the past eight years, climbing from $93,400 in 2015 to $131,900 in 2022. This steady appreciation, when contrasted with higher starting points in state and national medians, may signal emerging investment opportunities. Average residential energy tax credits per tax return in the county have also seen a... Read more
Median Value of Occupied Housing Units in Talladega County, Alabama Over the Last 8 Years
Over the past eight years, median home values in Talladega County, Alabama have shown consistent growth, rising from $93,400 in 2015 to $131,900 in 2022. This marks a significant increase compared to both the state and national medians, which experienced comparable upward trends but began at higher values. In 2015, for example, the national median was $125,500 and climbed to $179,400 by 2022, while Alabama's median followed a similar trajectory. For those interested in investing, building, or relocating in Talladega County, the relatively lower starting point and steady appreciation could suggest emerging opportunities relative to broader markets.
Residential Energy Tax Credit Per Tax Return in Talladega County, AL Over the Last 9 Years
Over the past nine years in Talladega County, Alabama, there has been a notable escalation in the average residential energy tax credit per tax return. Starting from $405.15 in 2013, the credit saw steady increments and surged significantly, reaching $2,016.84 by 2021. This trend indicates growing incentives for energy-efficient home improvements, making it an attractive location for investors and homeowners interested in sustainability and long-term cost savings.
Average Real Estate Taxes Per Tax Return in Talladega County, AL Over the Last 10 Years
Talladega County, Alabama has experienced a notable upward trend in average real estate taxes per tax return over the last decade. Starting at approximately $847.04 in 2012, the average tax amount has risen significantly, reaching about $1,548.65 in 2021. While there was a moderate increase through the mid-2010s, a sharp surge is observable from 2017 onwards, peaking in 2020. This increasing tax burden could impact decisions for potential investors, homeowners, or developers considering opportunities in the area.
Percentage of Farm Returns in Talladega County, AL Over the Last 10 Years
Talladega County, Alabama has seen relatively stable percentages of farm tax returns over the past decade, hovering between 1.40% in 2020 and 1.72% in 2016. Despite a slight dip in recent years, the general trend underscores the area's consistent agricultural activity. Farm tax returns are filings by farm owners detailing income, expenses, and deductions specific to farming operations, reflecting the economic health and viability of local agriculture. For prospective investors or property developers, the stability in these figures suggests a mature farming sector that can provide reliable economic contributions to the community.
Number of Mortgages by Occupancy Type in Talladega County, AL Over the Last 5 Years in Talladega County
Talladega County, Alabama has seen distinct trends in mortgage distribution over the past five years, notably in the significant increase in the number of principal residence mortgages peaking in 2021. For those looking to invest, the relatively stable numbers in investment property mortgages suggest a consistent market without wild fluctuations. Real estate agents and potential buyers should also note the gradual rise and subsequent dip in second residence mortgages indicating possible changes in vacation home desirability or affordability. Changes in occupancy types provide crucial insights for appraisers and insurance agents; principal residences often indicate stable, long-term community engagement while investment and second residences could imply transient or fluctuating population dynamics that affect market evaluations and risk assessments.
Economic Outlook
In Talladega County, Alabama, the average taxable income per tax return has seen a steady rise from $41,794.76 in 2013 to $52,024.26 in 2021, indicating enhanced economic stability and potential earnings growth. However, state and local income taxes have also surged, hitting $7,455.83 in 2021 from $3,197.90 in 2012, suggesting an evolving fiscal landscape. The total tax liability per tax return increased similarly from $5,459.83 in 2012 to $7,022.79 in 2021, hinting at rising incomes or... Read more
Average Taxable Income per Tax Return in Talladega County, AL over the last 9 years
Talladega County, AL has experienced a steady increase in the average taxable income per tax return over the past nine years, rising from $41,794.76 in 2013 to $52,024.26 in 2021. This upward trend highlights a growing economic stability and potentially increased earning potential within the county, making it an appealing option for prospective residents aiming for financial growth. The consistent rise in average incomes suggests a positive economic environment and could indicate a strengthening job market and improved quality of life.
Average State and Local Income Taxes Per Tax Return in Talladega County, AL Over the Last 10 Years
Over the last decade, Talladega County, AL, has seen a significant rise in average state and local income taxes per tax return, culminating in $7,455.83 in 2021. This upward trend underscores a notable increase since 2012, when taxes were approximately $3,197.90. The jump after 2017, with taxes nearly doubling in four years, highlights an accelerating fiscal landscape that prospective and current residents should consider.
Average Total Tax Liability Per Tax Return in Talladega County, AL Over the Last 10 Years
The average total tax liability per tax return in Talladega County, Alabama has generally increased over the last decade, starting at $5,459.83 in 2012 and reaching $7,022.79 in 2021. This upward trend signifies a growing economic landscape, making it an essential factor for potential investors and residents to consider. The increase in average tax liability reflects rising incomes or property values, both of which can provide insights into the county’s development and appeal. For those interested in building property or moving to Talladega County, the consistent growth could imply a stable and potentially prosperous investment opportunity.
Cost of Living in Talladega County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,033 | $1,359 | $1,917 | $948 | $1,069 |
| 1 adult 4 children | $1,033 | $1,110 | $1,430 | $948 | $1,058 |
| 2 adults 3 children | $1,033 | $1,110 | $1,682 | $948 | $872 |
| 1 adult 3 children | $1,033 | $907 | $1,194 | $948 | $839 |
| 2 adults 2 children | $754 | $909 | $1,446 | $828 | $764 |
| 1 adult 2 children | $754 | $679 | $959 | $828 | $635 |
| 2 adults 1 child | $754 | $718 | $1,210 | $439 | $727 |
| 1 adult 1 child | $754 | $464 | $723 | $439 | $580 |
| 2 adults | $573 | $577 | $975 | $0 | $622 |
| 1 adult | $504 | $315 | $487 | $0 | $499 |
Safety trends & Data
Over the last five years, Talladega County, Alabama has seen property crime trends with notable fluctuations that might influence your investment considerations. Larceny-theft peaked at 215 arrests in 2018 but dropped to 78 in 2020, climbing to 105 by 2022. Burglary arrests also varied, peaking at 39 in 2018 and hitting a low of 7 in 2020. Meanwhile, vandalism incidents remained relatively stable, hinting at ongoing but manageable concerns for property owners. Interestingly, fraud cases saw a... Read more
Property Crime Trends in Talladega County, AL Over the Last 5 Years
Over the last five years, Talladega County, Alabama has seen varying trends in property crime offenses. While larceny-theft consistently remains the highest with a peak of 215 arrests in 2018, it has fluctuated, seeing a dip to 78 in 2020 before partially climbing again to 105 in 2022. Burglary trends also follow a fluctuating pattern, peaking at 39 arrests in 2018 and hitting a low of 7 in 2020. Vandalism incidents saw some stability with minor variations, suggesting modest but consistent concerns for property owners. Notably, fraud cases dropped significantly from 78 in 2018 to just 8 in 2021. For those considering investments or property development, these trends offer valuable insights into the shifting landscape of property safety in Talladega County, potentially impacting decisions around property value, insurance, and community investments.
Demographics
Talladega County, Alabama, shows a slight female majority in its adult population, which could have implications for local service demands and community initiatives. The educational attainment data suggests a significant proportion of residents have completed high school or have some college education, but fewer have achieved higher degrees, indicating potential areas for educational development and investment. Age distribution highlights a decent spread across different age groups, with... Read more
Race Distribution in Talladega County, Alabama (2022)
Educational Attainment in Talladega County, Alabama (2022)
Age Distribution in Talladega County, Alabama
Citizen Population in Talladega County, Alabama (2022)
Political Trends & Data
Talladega County in Alabama showed a substantial tilt towards the Republican Party in the 2020 U.S. Presidential Election, capturing around 62% of the vote, while Democratic support lagged at approximately 37%. Minor parties barely made a dent, which suggests the county might consistently lean conservative, potentially affecting local policy and future... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Talladega County in Alabama exhibited a significant leaning towards the Republican Party during the 2020 U.S. Presidential Election, with approximately 62% of votes cast in their favor. Democratic support was notably lower, capturing around 37% of the votes. Minor parties, including the Libertarian and Green parties, made negligible impact, barely registering on the voting scale. This trend could hint at the county’s broader political inclinations and potentially influence future elections and policy discussions within the region.
62.35% of voters voted for the Republican party in the 2020 Presidential Election
36.84% of voters voted for the Democrat party in the 2020 Presidential Election
0.81% of voters voted for the Other party in the 2020 Presidential Election
School Data
Talladega County, Alabama has seen fluctuating student-to-teacher ratios over the past decade, peaking at nearly 20 in 2022, far above the national average of 14. This suggests classroom overcrowding, which could influence property values and area desirability for families prioritizing education quality. Real estate developers, investors, and agents should consider this trend, as it could sway buyer interest and home... Read more
Student-to-teacher ratio in Talladega County, Alabama over the last 10 years
Talladega County, Alabama's student-to-teacher ratio has fluctuated over the past decade, peaking at almost 20 in 2022, which is significantly higher than the national average of 14 students per teacher. This trend suggests that classrooms in Talladega County might be more crowded than typically seen across the United States. For potential investors, real estate developers, and new residents, understanding these ratios could impact decisions around family moves and educational investments. Higher student-to-teacher ratios might influence property values and the perceived desirability of the area for families looking to provide quality education for their children. Real estate agents and appraisers will want to take note, as crowded classrooms could sway buyer interest or impact home valuations.
