Columbia County Real Estate and Livability Trends
In Columbia County, Arkansas, the real estate market is on an upward swing, with median home values climbing from $79,000 in 2015 to $123,200 in 2022, positioning the area as an affordable alternative to the state median. Energy-efficient home improvements have gained traction, reflected in the surge of residential energy tax credits from $361.54 in 2013 to $1,533.33 by 2020. However, rising real... Read more
Columbia County Market Trends
Columbia County, Arkansas has seen a consistent rise in median home values, climbing from $79,000 in 2015 to $123,200 in 2022, offering a more affordable entry point compared to the state median. Residential energy tax credits have surged from $361.54 in 2013 to $1,533.33 by 2020, reflecting a growing focus on energy-efficient home improvements. Average real estate taxes per tax return doubled... Read more
Median Value of Occupied Housing Units in Columbia County, Arkansas Over the Last 8 Years
Over the last eight years, Columbia County, Arkansas has seen a consistent rise in median home values, surging from $79,000 in 2015 to $123,200 in 2022. Compared to the state's median values, which grew from $111,400 to $162,400 over the same period, Columbia County is relatively lower but still experiencing rapid growth. This makes Columbia County an intriguing option for investors and homebuyers looking for burgeoning markets with strong upward trends, albeit at a more affordable entry point than the state and national averages.
Residential Energy Tax Credit Per Tax Return in Columbia County, AR Over the Last 9 Years
Columbia County, Arkansas has experienced a notable increase in residential energy tax credits per tax return over the last nine years. From a modest $361.54 in 2013, the average credit surged to $1,533.33 by 2020, highlighting a growing emphasis on energy-efficient home improvements. This trend reflects the county's commitment to sustainable living solutions, making it an attractive prospect for environmentally conscious investors and residents looking to benefit from substantial tax incentives.
Average Real Estate Taxes Per Tax Return in Columbia County, AR Over the Last 10 Years
Over the last decade, Columbia County, Arkansas, has seen a notable increase in average real estate taxes per tax return, jumping from $1,150.61 in 2012 to $2,364.29 in 2021. This trend could signal rising property values or changes in tax policies. Potential investors or new residents should consider these increases as they could impact overall living costs and property investment returns. Builders and developers might also find these trends relevant for forecasting future expenses and setting realistic budgets.
Percentage of Farm Returns in Columbia County, AR Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Columbia County, Arkansas has seen slight fluctuations but remained relatively steady, averaging around 4.4%. Standing at 4.21% in 2012 and peaking at 4.94% in 2017, the data suggests a resilient agricultural sector. Farm tax returns serve as an indicator of the region's agricultural activity; steady numbers imply stable farming operations, which can be crucial for local economy and land value. This stability is attractive for potential investors, property developers, and residents, as it signifies a reliable backbone in the county’s economic landscape.
Number of Mortgages by Occupancy Type in Columbia County, AR Over the Last 5 Years in Columbia County
Columbia County, Arkansas has seen a noticeable increase in mortgages for principal residences, with a peak in 2021 at 765, indicating a rise in people choosing to live in the area. Investment property mortgages have slightly declined, reaching a low of 39 in 2022, which might suggest a cooling interest among investors. The consistent, low numbers of second residence mortgages highlight that the county remains primarily a place for permanent living rather than vacation homes. For those looking to invest or build, these trends imply a growing local residential market, which could impact property values and demand. Real estate agents, appraisers, and insurance agents should take note as these shifts could affect property assessments, client needs, and policy risks.
Economic Outlook
In Columbia County, Arkansas, the average taxable income per tax return has seen an upward trend over the past nine years, starting at $49,281.95 in 2013 and peaking at $57,686.35 in 2021. Notable fluctuations such as a dip to $49,003.42 in 2016 indicate resilience in the local economy, making it attractive for investors and property seekers. Meanwhile, average state and local income taxes have varied significantly, with peaks like $10,854.00 in 2019 and dips to $6,583.43 in 2017, reflecting... Read more
Average Taxable Income per Tax Return in Columbia County, AR over the last 9 years
Over the past nine years in Columbia County, AR, the average taxable income per tax return has seen an upward trend, starting at $49,281.95 in 2013 and peaking at $57,686.35 in 2021. Notable fluctuations occurred, such as a drop to $49,003.42 in 2016, followed by a steadier climb, indicating a resilient local economy. This steady increase suggests that Columbia County is gradually becoming more prosperous, making it an appealing option for investors, property developers, and those considering relocation.
Average State and Local Income Taxes Per Tax Return in Columbia County, AR Over the Last 10 Years
Over the last decade, Columbia County, AR, has seen significant fluctuations in average state and local income taxes per tax return, with a noticeable peak in years such as 2019 at $10,854.00 and a dip in 2017 to $6,583.43. These changes are critical for potential residents to consider as they reflect the dynamic economic conditions and possible impacts on household budgeting and long-term financial planning.
Average Total Tax Liability Per Tax Return in Columbia County, AR Over the Last 10 Years
Columbia County, Arkansas has seen fluctuations in average total tax liability per tax return over the past decade. From a high of $9,164.40 in 2015, it dipped to a low of $7,252.59 in 2020, before rebounding slightly to $8,449.92 in 2021. This volatility in tax liability could signal changing economic conditions or tax policy adjustments, and it’s essential for potential investors and residents to consider this variability when making financial decisions. Understanding these trends can help assess long-term fiscal health and projected tax responsibilities in the county.
Cost of Living in Columbia County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $964 | $1,355 | $1,862 | $966 | $997 |
| 1 adult 4 children | $964 | $1,107 | $1,425 | $966 | $1,163 |
| 2 adults 3 children | $964 | $1,107 | $1,616 | $966 | $804 |
| 1 adult 3 children | $964 | $904 | $1,178 | $966 | $842 |
| 2 adults 2 children | $720 | $906 | $1,369 | $839 | $677 |
| 1 adult 2 children | $720 | $677 | $931 | $839 | $623 |
| 2 adults 1 child | $720 | $716 | $1,122 | $426 | $644 |
| 1 adult 1 child | $720 | $463 | $684 | $426 | $556 |
| 2 adults | $547 | $575 | $875 | $0 | $527 |
| 1 adult | $543 | $314 | $438 | $0 | $496 |
Safety trends & Data
Columbia County, Arkansas, has displayed fluctuating property crime trends over the past five years. Burglary arrests spiked in 2018 with 39 incidents but dropped to 11 in 2019, while larceny-theft consistently poses the greatest challenge, peaking at 140 arrests in 2020. Fraud, forgery, and vandalism trends reveal inconsistencies, making predictability difficult. These patterns might help prospective investors, real estate agents, and residents gauge potential risks and community... Read more
Property Crime Trends in Columbia County, AR Over the Last 5 Years
Columbia County, Arkansas has exhibited fluctuating property crime trends over the past five years. Burglary arrests notably spiked in 2018 with 39 incidents but saw a significant drop to 11 in 2019, with varying figures in subsequent years. Larceny-theft remains the most prevalent crime, peaking at 140 arrests in 2020, indicating a persistent issue. Fraud and forgery incidents show inconsistent trends, affecting their predictability. Vandalism has a slight upward trend, reaching a high in 2020 and 2021. These crime patterns might be useful for prospective investors, real estate agents, and residents to gauge potential risks and community safety.
Demographics
Columbia County, Arkansas, shows a slightly higher female population compared to males, hinting at potential socioeconomic implications given gender-based differences in various sectors. Educational attainment data reveals a significant portion of its populace holding only a high school diploma or some college experience without a degree, which might influence the local job market and economic opportunities. Age distribution tightens around younger age groups and middle-aged adults, suggesting... Read more
Race Distribution in Columbia County, Arkansas (2022)
Educational Attainment in Columbia County, Arkansas (2022)
Age Distribution in Columbia County, Arkansas
Citizen Population in Columbia County, Arkansas (2022)
Political Trends & Data
Columbia County, Arkansas, has displayed a notable conservative leaning, with around 64% supporting the Republican Party in the 2020 U.S. Presidential Election. The Democratic Party secured roughly 33%, while third parties like the Libertarians and Greens each captured less than 1%. This conservative tendency might influence local policy and community priorities, which in turn could impact real estate trends and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Columbia County, Arkansas, the 2020 U.S. Presidential Election showed a significant leaning towards the Republican Party, which garnered approximately 64% of the vote. The Democratic Party secured around 33%, while minor parties like the Libertarians and Greens each captured less than 1% of the vote. Given these figures, it appears the county tends to favor conservative candidates, though there's some degree of political plurality with nearly 3% of voters opting for third-party or alternative candidates.
63.83% of voters voted for the Republican party in the 2020 Presidential Election
32.66% of voters voted for the Democrat party in the 2020 Presidential Election
0.62% of voters voted for the Livertarian party in the 2020 Presidential Election
0.82% of voters voted for the Green party in the 2020 Presidential Election
2.07% of voters voted for the Other party in the 2020 Presidential Election
School Data
Columbia County, Arkansas has seen a gradual decline in the student-to-teacher ratio, dropping from 14 in 2014 to around 10 in 2023. This improved ratio could lead to better educational quality, attracting families and potentially boosting property values. With better educational outcomes often linked to higher housing demand, this trend might entice real estate investors. Insurance agents and appraisers might also consider this when assessing property risks and... Read more
Student-to-teacher ratio in Columbia County, Arkansas over the last 10 years
Columbia County, Arkansas has been experiencing a gradual decline in the student-to-teacher ratio over the past decade, dropping from 14 students per teacher in 2014 to around 10 in 2023. This shift may indicate improved educational quality and more personalized attention for students, which could make the area more appealing to families prioritizing education. This trend could also influence property values and attractiveness for real estate investments, as better educational outcomes often correlate with higher demand for housing. Additionally, insurance agents and appraisers might take this into account when assessing risk and value.
