Arkansas County Real Estate and Livability Trends
Arkansas County, Arkansas has seen its median home values rise from $75,600 in 2015 to $125,900 in 2022, outpacing both state and national trends, attracting investors and homebuyers on a budget. Increasing average taxable incomes, from $49,565.31 in 2013 to $62,482.91 in 2021, indicate growing economic prosperity, though this is offset by sharp fluctuations in taxes and total tax liabilities,... Read more
Arkansas County Market Trends
Over the last eight years, Arkansas County has seen its median home values jump from $75,600 in 2015 to $125,900 in 2022, outpacing broader trends in Arkansas and nationally. This rapid appreciation, while still below average state and national figures, could attract investors and budget-conscious homebuyers. Energy-efficient improvements are also on the rise, with the average residential energy... Read more
Median Value of Occupied Housing Units in Arkansas County, Arkansas Over the Last 8 Years
Over the last eight years, the median home values in Arkansas County have risen from $75,600 in 2015 to $125,900 in 2022, a significant climb compared to both state and national trends. Arkansas state values grew from $111,400 to $162,400 in the same period, while national figures increased from $125,500 to $179,400. This suggests that while housing values in Arkansas County remain below state and national averages, the rapid growth might appeal to investors and homebuyers seeking affordable yet appreciating real estate opportunities within Arkansas.
Residential Energy Tax Credit Per Tax Return in Arkansas County, AR Over the Last 9 Years
Over the past nine years, Arkansas County, Arkansas, has experienced a significant rise in the average residential energy tax credit per tax return, with notable spikes especially from 2017 onwards. In 2013, the average credit was $254.55, increased gradually, peaked notably at $1,433.33 in 2018, and reached $1,788.89 by 2021. This upward trend highlights increasing investments in energy-efficient home improvements, making Arkansas County an appealing destination for environmentally-conscious buyers and investors looking to capitalize on energy tax incentives.
Average Real Estate Taxes Per Tax Return in Arkansas County, AR Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Arkansas County, Arkansas have shown a notable upward trend. Starting from approximately $1,144.55 in 2012, taxes saw a steady rise reaching around $1,523.53 by 2017. Interestingly, a sharp increase was observed in 2018 with taxes jumping to $2,200.00, peaking at roughly $2,332.14 in 2020 before stabilizing slightly at about $2,281.48 in 2021. This consistent growth may suggest rising property values or changes in tax policy, making it significant for potential investors and residents to consider.
Percentage of Farm Returns in Arkansas County, AR Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Arkansas County, Arkansas has shown a modest decline, decreasing from 3.91% in 2012 to 3.29% in 2021. This slight downward trend suggests a potential shift in the county's economic focus or demographic changes affecting farm operations. For investors, those looking to move, or developers, this indicator might hint at evolving opportunities or challenges in the agricultural sector within Arkansas County. Farm tax returns, representing the filings from farm operations, can offer insights into the profitability and scale of farming activities, which in turn reflect the vitality of a key industry in the region.
Number of Mortgages by Occupancy Type in Arkansas County, AR Over the Last 5 Years in Arkansas County
Shifts in the number of mortgages across various occupancy types in Arkansas County, Arkansas, from 2018 to 2022 might catch the eye of investors, real estate agents, and insurance professionals. Principal residences dominate the mortgage landscape, though a notable uptick in investment properties from 31 in 2018 to 63 in 2021 hints at a growing interest in rental and commercial opportunities. Meanwhile, second residences remain marginal, suggesting limited development in vacation homes or secondary living spaces. These fluctuations provide key insights for those gauging the market's stability, future property values, and risk assessments in the region.
Economic Outlook
In Arkansas County, Arkansas, there's been a notable rise in average taxable incomes per tax return, climbing from approximately $49,565.31 in 2013 to $62,482.91 by 2021. This upward trend suggests increasing economic prosperity which might be attractive to those seeking financial stability. However, state and local income taxes have also seen sharp fluctuations, peaking at $15,694.29 in 2019, indicating potential financial pressures. Additionally, total tax liabilities per tax return peaked in... Read more
Average Taxable Income per Tax Return in Arkansas County, AR over the last 9 years
Over the past nine years, Arkansas County, AR has seen a noticeable upward trend in average taxable income per tax return. In 2013, the average taxable income was $49,565.31, and by 2021, it had significantly increased to $62,482.91. This steady rise, particularly marked by a jump in recent years, reflects a growing economic prosperity that could appeal to potential movers seeking economic stability and living wage improvements.
Average State and Local Income Taxes Per Tax Return in Arkansas County, AR Over the Last 10 Years
Over the last decade, Arkansas County, AR has seen a notable fluctuation in state and local income taxes per tax return, peaking significantly at $15,694.29 in 2019. Earlier years displayed more modest values around $8,000, but a sharp increase began post-2017. This rising tax burden may influence decisions for both prospective movers considering Arkansas County and current residents weighing their financial futures.
Average Total Tax Liability Per Tax Return in Arkansas County, AR Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Arkansas County, Arkansas has shown considerable fluctuations, peaking in 2021 at $10,426.77. The lowest point in this period was in 2012 with an average of $8,418.20. Notably, the figures highlight a significant rise in tax liabilities post-2016, suggesting economic shifts or changes in tax policy that could impact investment strategies and property market dynamics in the county.
Cost of Living in Arkansas County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $926 | $1,339 | $1,862 | $966 | $958 |
| 1 adult 4 children | $926 | $1,094 | $1,425 | $966 | $1,083 |
| 2 adults 3 children | $926 | $1,094 | $1,616 | $966 | $756 |
| 1 adult 3 children | $926 | $893 | $1,178 | $966 | $805 |
| 2 adults 2 children | $761 | $896 | $1,369 | $839 | $679 |
| 1 adult 2 children | $761 | $669 | $931 | $839 | $630 |
| 2 adults 1 child | $761 | $708 | $1,122 | $426 | $649 |
| 1 adult 1 child | $761 | $457 | $684 | $426 | $565 |
| 2 adults | $578 | $569 | $875 | $0 | $531 |
| 1 adult | $509 | $310 | $438 | $0 | $484 |
Safety trends & Data
Arkansas County, Arkansas, has experienced notable shifts in property crime over the past five years. Larceny-theft, consistently the most frequent crime, peaked at 37.00 reported cases in 2022. Burglary incidents saw a significant increase from 5.00 in 2020 to 11.00 in 2022. Motor vehicle theft peaked at 8.00 cases in 2020 but averaged around 4.00 in other years. Vandalism incidents spiked to 19.00 in 2021. These crime trends could potentially influence property values, insurance premiums, and... Read more
Property Crime Trends in Arkansas County, AR Over the Last 5 Years
Arkansas County, Arkansas, has seen fluctuating levels of property crime over the last five years. Larceny-theft has consistently been the most prevalent crime, peaking at 37.00 reported cases in 2022. Burglary incidents doubled from 5.00 in 2020 to 11.00 in 2022. Motor vehicle theft showed a peak in 2020 with 8.00 cases but hovered around 4.00 in other years. Vandalism also spiked in 2021 with 19.00 incidents. This evolving crime landscape could impact property values, insurance rates, and investment decisions locally.
Demographics
Arkansas County exhibits a roughly balanced gender distribution, with a slight female majority. Educational attainment paints a picture of a community with a significant portion of high school graduates, yet a smaller fraction pursuing higher education, particularly graduate degrees. Age distribution trends suggest a well-spread population across different age brackets, though figures for those under 10 years and individuals aged 55 to 64 years are notably higher. Racial demographics highlight... Read more
Race Distribution in Arkansas County, Arkansas (2022)
Educational Attainment in Arkansas County, Arkansas (2022)
Age Distribution in Arkansas County, Arkansas
Citizen Population in Arkansas County, Arkansas (2022)
Political Trends & Data
In Arkansas County, Arkansas, 2020 U.S. Presidential Election results showed a strong Republican preference, with approximately 68.4% of the votes. Democratic support trailed significantly at around 28.9%. Minor parties like the Libertarians and Greens had minimal impact, capturing just 0.7% and 0.2% respectively. This heavily conservative voter base might influence local policies and public... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Arkansas County, Arkansas, the 2020 U.S. Presidential Election voting trends hinted at a Republican stronghold, with nearly 68.4% of the votes going to the Republican candidate. Democrats garnered roughly 28.9%, indicating a significant but smaller presence. Libertarian and Green parties captured minimal shares, 0.7% and 0.2% respectively, while other parties combined took about 1.7%. This distribution could suggest heavily entrenched political affiliations and a predominantly conservative voter base.
68.40% of voters voted for the Republican party in the 2020 Presidential Election
28.89% of voters voted for the Democrat party in the 2020 Presidential Election
0.73% of voters voted for the Livertarian party in the 2020 Presidential Election
0.25% of voters voted for the Green party in the 2020 Presidential Election
1.72% of voters voted for the Other party in the 2020 Presidential Election
School Data
Arkansas County, Arkansas has maintained an average student-to-teacher ratio of about 12 students per teacher over the last decade, which is below the national average of 14. This lower ratio could attract families seeking quality education, making it a valuable point for real estate investors and developers. Appraisers and insurance agents might also find this beneficial, as communities with better educational statistics often experience stronger real estate... Read more
Student-to-teacher ratio in Arkansas County, Arkansas over the last 10 years
Over the last ten years, Arkansas County, Arkansas has generally maintained a student-to-teacher ratio near an average of 12 students per teacher, consistently falling below the current national average of 14 students per teacher. This lower ratio suggests more individualized attention and potentially higher quality of education, which could be an appealing factor for families considering a move to the area. Real estate investors and developers might find this aspect advantageous, as a better student-to-teacher ratio can be a significant draw for prospective homeowners. Similarly, appraisers and insurance agents might note this element when evaluating property values, as communities with favorable educational statistics often boast stronger real estate markets.
