Crittenden County Real Estate and Livability Trends
Average taxable income in Crittenden County, Arkansas climbed from $40,880.21 in 2013 to $51,783.55 in 2021, hinting at a robust local economy with rising wages. Median home values surged from $104,600 in 2015 to $147,300 in 2022, indicating growth but slightly trailing state and national trends. Another standout trend is the significant increase in residential energy tax credits, jumping from... Read more
Crittenden County Market Trends
Crittenden County, Arkansas has experienced a notable appreciation in median home values, climbing from $104,600 in 2015 to $147,300 in 2022, reflecting substantial growth but trailing slightly behind Arkansas's state-wide and national trends. Residential energy tax credits have surged, with values rising from $366.67 in 2013 to $1,254.17 in 2021, highlighting an increased focus on energy... Read more
Median Value of Occupied Housing Units in Crittenden County, Arkansas Over the Last 8 Years
Over the past eight years, Crittenden County, Arkansas, showed a promising appreciation in median home values, with a significant jump from $104,600 in 2015 to $147,300 in 2022. Compared to Arkansas's state-wide increase from $111,400 to $162,400 and the national rise from $125,500 to $179,400, Crittenden County's growth appears more focused but still substantial. This trend could be interesting for those considering investing in property, as it suggests continued potential for value appreciation, albeit at a slightly slower pace than broader state and national trends. For current residents or potential movers, this increase might reflect positively on the desirability and development within the county.
Residential Energy Tax Credit Per Tax Return in Crittenden County, AR Over the Last 9 Years
Over the past nine years in Crittenden County, Arkansas, residential energy tax credits per tax return have shown a significant upward trend. From $366.67 in 2013, the average value surged to $1,254.17 by 2021, reflecting an increasing emphasis on energy efficiency and possibly more generous tax incentives. This spike underscores a growing market for energy-efficient homes, making it an attractive opportunity for real estate developers and investors. This notable rise in energy credits can also be a decisive factor for potential homeowners considering energy savings in their move to the area.
Average Real Estate Taxes Per Tax Return in Crittenden County, AR Over the Last 10 Years
Real estate taxes in Crittenden County, Arkansas have seen a gradual increase over the past decade, starting from an average of $1,414.15 in 2012 and rising to $2,214.13 by 2021. The most notable jump occurred between 2017 and 2018, where taxes surged from $1,586.09 to $1,968.42, indicating a significant rise in property tax rates or property values during that period. This trend could have implications for those looking to invest or move to the area, suggesting potential growth but also higher costs of homeownership.
Percentage of Farm Returns in Crittenden County, AR Over the Last 10 Years
In Crittenden County, Arkansas, the percentage of farm tax returns filed over the last decade has shown a slight decline, dropping from around 0.98% in 2012 to approximately 0.73% in 2021. Farm tax returns are essentially a measure of the economic activity and viability of farming operations within the county, often reflecting broader trends in local agriculture, availability of farming resources, or shifts towards other industries. For those looking to invest, build property, or move to Crittenden County, this trend might indicate potential challenges in the agricultural sector, affecting land values, local markets, and community planning.
Number of Mortgages by Occupancy Type in Crittenden County, AR Over the Last 5 Years in Crittenden County
Over the past five years, Crittenden County, Arkansas has seen a noticeable fluctuation in mortgage counts across different occupancy types. Principal residence mortgages have largely dominated, with peaks in 2021 and 2020, suggesting robust primary home buying activity. Meanwhile, investment property mortgages reveal a stable yet modest increase, potentially indicating growing interest among property investors. Second residence mortgages have remained relatively minor, albeit with slight increases, which may suggest future potential for vacation homes or secondary properties. Understanding these dynamics can help investors, real estate agents, appraisers, and insurance agents gauge the market's direction and adjust their strategies accordingly.
Economic Outlook
Average taxable income in Crittenden County, Arkansas has climbed from $40,880.21 in 2013 to $51,783.55 in 2021, hinting at a robust local economy and rising wages. This financial growth potentially elevates the real estate market's attractiveness, as increased disposable income can boost consumer spending. Notably, average state and local income taxes saw a high variability, peaking at $9,026.04 in 2020, while average total tax liability also trended upwards, indicating growing fiscal... Read more
Average Taxable Income per Tax Return in Crittenden County, AR over the last 9 years
Crittenden County, AR has seen a steady increase in average taxable income per tax return over the past nine years, with notable growth from $40,880.21 in 2013 to $51,783.55 in 2021. This upward trend spotlights a strengthening local economy and implies rising wages, making the area more attractive for potential investors and new residents. Such financial growth is promising for real estate development and local businesses as disposable income and consumer spending likely increase.
Average State and Local Income Taxes Per Tax Return in Crittenden County, AR Over the Last 10 Years
Over the past decade, Crittenden County, AR has experienced notable fluctuations in average state and local income taxes per tax return, ranging from a low of $5,266.67 in 2012 to a peak of $9,026.04 in 2020. Significant jumps in tax values were observed in 2018 and 2020, with a 32.24% increase in 2018 and a 24.89% increase in 2020, illustrating periods of marked economic impact that residents and potential movers need to consider. Despite the variability, the consistent upward trend suggests increasing fiscal responsibilities for taxpayers in this county.
Average Total Tax Liability Per Tax Return in Crittenden County, AR Over the Last 10 Years
Over the last decade, Crittenden County, Arkansas has seen a notable increase in average total tax liability per tax return. Starting at $6,452.31 in 2012, there was a significant jump to $7,766.12 in 2016, reflecting a growing economic activity or possibly shifts in tax policy. While there have been fluctuations, with a dip to $7,007.40 in 2018, the overall trend leans upwards, reaching $7,692.55 in 2021. This upward trajectory highlights the area’s growing financial contributions, making it an intriguing prospect for potential investors and new residents.
Cost of Living in Crittenden County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,044 | $1,327 | $1,899 | $1,281 | $1,094 |
| 1 adult 4 children | $1,044 | $1,084 | $1,452 | $1,281 | $1,274 |
| 2 adults 3 children | $1,044 | $1,084 | $1,648 | $1,281 | $882 |
| 1 adult 3 children | $1,044 | $885 | $1,201 | $1,281 | $1,006 |
| 2 adults 2 children | $789 | $887 | $1,397 | $1,120 | $761 |
| 1 adult 2 children | $789 | $663 | $950 | $1,120 | $731 |
| 2 adults 1 child | $789 | $701 | $1,146 | $596 | $699 |
| 1 adult 1 child | $789 | $453 | $698 | $596 | $597 |
| 2 adults | $690 | $563 | $894 | $0 | $548 |
| 1 adult | $612 | $307 | $447 | $0 | $492 |
Safety trends & Data
Property crime trends in Crittenden County, Arkansas show variability over the past five years. Larceny-theft, peaking in 2018 with 334 incidents, dropped to 219 reports in 2022. Burglary and motor vehicle theft numbers have fluctuated, with motor vehicle thefts slightly increasing from 17 in 2018 to 22 in 2022. Notable inconsistencies in fraud and forgery cases, particularly a peak in 2019, suggest that security measures and insurance packages may need to adapt to shifting crime trends. This... Read more
Property Crime Trends in Crittenden County, AR Over the Last 5 Years
Property crime trends in Crittenden County, Arkansas, show significant variability over the past five years. Larceny-Theft, consistently the most common property crime, peaked in 2018 with 334 incidents and has since seen a downward trend, reaching 219 reports in 2022. Burglary and motor vehicle theft numbers have fluctuated, but overall, motor vehicle thefts have remained relatively low, maintaining a small increase from 17 reports in 2018 to 22 in 2022. Instances of fraud and forgery exhibit notable yearly inconsistencies, with a significant peak in forgery cases reported in 2019. For businesses, real estate investors, appraisers, and insurance agents, this data could imply a shifting focus on security measures and insurance packages tailored to the predominant crime types in different years, helping to buffer risks and costs.
Demographics
Crittenden County, Arkansas, exhibits notable demographic trends, with a balanced yet slightly female-dominant adult population. Educational attainment varies significantly, with a substantial portion of the population holding only a high school diploma or some college experience. Age distribution leans younger, though there is also a considerable number of residents aged 55 and older. Racial diversity reveals a prominent African American community, making up a significant portion of the... Read more
Race Distribution in Crittenden County, Arkansas (2022)
Educational Attainment in Crittenden County, Arkansas (2022)
Age Distribution in Crittenden County, Arkansas
Citizen Population in Crittenden County, Arkansas (2022)
Political Trends & Data
In Crittenden County, Arkansas, the 2020 U.S. Presidential Election figures suggest Democratic candidates may have taken roughly 52% of the vote, seemingly leading over Republican candidates at approximately 45%. The small share for minor parties, including Libertarians at around 0.7%, indicates a competitive but predominantly two-party environment. This potentially balanced political landscape could reflect a diverse voter base, possibly impacting local policies and community priorities as... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Crittenden County, Arkansas, Democratic candidates presumably garnered around 52% of the vote in the 2020 U.S. Presidential Election, possibly leading over Republicans who received approximately 45%. Minor parties like Libertarians, Greens, and others collectively made up a small share, with Libertarians potentially receiving close to 0.7%. Democrats might have had a significant edge, but the close margin could imply a competitive political landscape.
44.80% of voters voted for the Republican party in the 2020 Presidential Election
52.02% of voters voted for the Democrat party in the 2020 Presidential Election
0.68% of voters voted for the Livertarian party in the 2020 Presidential Election
0.18% of voters voted for the Green party in the 2020 Presidential Election
2.32% of voters voted for the Other party in the 2020 Presidential Election
School Data
Crittenden County, Arkansas consistently maintains a student-to-teacher ratio below the national average of 14, fluctuating between 12 to 13.75 over the past decade. This trend suggests potential for more personalized attention in classrooms, appealing to families prioritizing quality education and educators seeking a less crowded teaching environment. These figures might indicate higher per-student costs impacting local taxes or school funding priorities. For real estate professionals, this... Read more
Student-to-teacher ratio in Crittenden County, Arkansas over the last 10 years
Over the past decade, Crittenden County, Arkansas has consistently maintained a student-to-teacher ratio below the national average of 14 students per teacher. With values fluctuating between approximately 12 to 13.75, the area might offer more personalized attention in classrooms compared to other regions. This lower ratio could be attractive for families prioritizing quality education, as well as for educators seeking a less crowded teaching environment. However, it could suggest higher per-student costs that might impact local tax rates or school funding priorities. For real estate agents, appraisers, and investors, these trends could imply a stable and potentially appealing educational setting for prospective buyers, which can be a significant selling point.
