Jefferson County Real Estate and Livability Trends
Jefferson County, Arkansas, has witnessed a drop in its student-to-teacher ratio from 16:1 in 2021 to around 12:1 by 2023, which could boost the appeal for families prioritizing education. Property crime trends reveal significant declines in larceny-theft and burglary cases between 2018 and 2022, although motor vehicle theft has seen a slight uptick, potentially affecting real estate investment... Read more
Jefferson County Market Trends
Jefferson County, Arkansas has seen a steady rise in median home values, climbing from $82,000 in 2015 to $105,300 in 2022, making it a budget-friendly option compared to the statewide and national averages. Real estate taxes in the county have gradually increased, from $1,225.18 in 2012 to about $2,000.93 in 2021, suggesting growing infrastructure investment or rising property values.... Read more
Median Value of Occupied Housing Units in Jefferson County, Arkansas Over the Last 8 Years
Jefferson County, Arkansas has seen a relatively steady rise in median home values over the past eight years, climbing from $82,000 in 2015 to $105,300 in 2022. While the increase is notable, it's fewer compared to the statewide growth in Arkansas, where median values jumped from $111,400 to $162,400 in the same period. This county remains more affordable than the national average which soared from $125,500 to $179,400. For potential homeowners, investors, and builders, Jefferson County offers more budget-friendly options, making it an attractive market for those seeking lower property costs.
Residential Energy Tax Credit Per Tax Return in Jefferson County, AR Over the Last 9 Years
Jefferson County, Arkansas has seen significant fluctuations in residential energy tax credits over the past nine years, peaking at $2,052.00 in 2021. Notably, the average credit increased sharply from $558.18 in 2016 to $1,483.87 in 2018, indicating growing incentives or investments in energy-efficient home improvements. This upward trend is attractive for potential investors and residents interested in sustainable living solutions, as these credits can reduce overall energy expenses and add value to properties.
Average Real Estate Taxes Per Tax Return in Jefferson County, AR Over the Last 10 Years
Real estate taxes in Jefferson County, Arkansas, have shown a gradual increase over the past decade, rising from $1,225.18 in 2012 to approximately $2,000.93 in 2021. This consistent upward trend may suggest a growing investment in local infrastructure or rising property values, which could be of interest to potential investors and those looking to build or move to the area. Specifically, a significant jump between 2017 and 2019 indicates a period of accelerated growth, potentially reflecting broader economic or developmental changes within the county.
Percentage of Farm Returns in Jefferson County, AR Over the Last 10 Years
The percentage of farm tax returns in Jefferson County, Arkansas has shown some slight fluctuations over the last decade. Starting at approximately 0.91% in 2012, the rate peaked around 1.05% in 2013 and again in 2018. However, it dipped to its lowest point of about 0.83% in 2020, with a mild recovery to 0.87% in 2021. Farm tax returns refer to the number of tax filings representing agricultural income, a crucial indicator for gauging the health and trends in local agricultural activity. This metric is valuable for investors assessing the viability of agricultural investments, potential property developers considering land use, or residents interested in the economic landscape of Jefferson County.
Number of Mortgages by Occupancy Type in Jefferson County, AR Over the Last 5 Years in Jefferson County
The data on mortgage counts for Jefferson County, Arkansas reveals a steady dominance of principal residences, peaking at 2,475 mortgages in 2021. Investment properties have fluctuated slightly but remain around the mid-100s, whereas second residences hold the lowest figures, with a notable decrease from 29 in 2020 to just 13 in 2022. These trends can inform potential investors and property developers about the stable demand for principal housing. For appraisers and insurance agents, the shifting numbers in investment and second properties might hint at broader economic factors affecting secondary home purchases and rental markets.
Economic Outlook
Jefferson County, Arkansas, has seen an upward trend in average taxable income per tax return, landing at $48,966.04 in 2021, indicating steady economic improvement. Average state and local income taxes have also climbed, reaching $6,616.67 in 2021, suggesting higher financial planning needs for residents. Additionally, the average total tax liability per tax return has risen from $5,751.59 in 2012 to $6,590.52 in 2021, reflecting broader economic shifts that could impact investment... Read more
Average Taxable Income per Tax Return in Jefferson County, AR over the last 9 years
Jefferson County, AR has seen a generally upward trend in average taxable income per tax return over the past nine years, with a notable jump in 2021 to $48,966.04. This growth reflects a steady economic improvement, making it an attractive option for new residents and investors who prioritize income potential. The dips and rises, such as the decline in 2020 to $43,633.46, may indicate economic impacts worth considering for long-term investments.
Average State and Local Income Taxes Per Tax Return in Jefferson County, AR Over the Last 10 Years
Over the past decade, Jefferson County, AR has experienced a noticeable increase in average state and local income taxes per tax return, spiking significantly in 2018 and maintaining an upward trend through 2021, where values reached $6,616.67. This rise suggests that those moving to or currently living in Jefferson County should anticipate higher tax liabilities in their financial planning.
Average Total Tax Liability Per Tax Return in Jefferson County, AR Over the Last 10 Years
Jefferson County, Arkansas has seen a notable increase in average total tax liability per tax return over the past decade. Starting at $5,751.59 in 2012 and rising to $6,590.52 in 2021, with a peak of $6,502.20 in 2017 before a slight dip and subsequent recovery. This upward trend reflects broader economic shifts and could influence decisions for potential investors and residents considering the area’s fiscal landscape.
Cost of Living in Jefferson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,054 | $1,339 | $1,899 | $1,281 | $1,098 |
| 1 adult 4 children | $1,054 | $1,094 | $1,452 | $1,281 | $1,250 |
| 2 adults 3 children | $1,054 | $1,094 | $1,648 | $1,281 | $865 |
| 1 adult 3 children | $1,054 | $893 | $1,201 | $1,281 | $980 |
| 2 adults 2 children | $837 | $896 | $1,397 | $1,120 | $757 |
| 1 adult 2 children | $837 | $669 | $950 | $1,120 | $727 |
| 2 adults 1 child | $837 | $708 | $1,146 | $596 | $695 |
| 1 adult 1 child | $837 | $457 | $698 | $596 | $610 |
| 2 adults | $636 | $569 | $894 | $0 | $527 |
| 1 adult | $596 | $310 | $447 | $0 | $488 |
Safety trends & Data
Property crime trends in Jefferson County, Arkansas, seem to display notable annual fluctuations. Larceny-theft, the most prevalent crime, has decreased from 330.00 cases in 2019 to 174.00 cases in 2022. Burglary cases have almost halved since 2018, and vandalism incidents have seen a steady decline as well. However, motor vehicle theft has slightly increased from 3.00 cases in 2018 to 15.00 in 2022. These trends could influence decisions for real estate agents, insurance providers, and... Read more
Property Crime Trends in Jefferson County, AR Over the Last 5 Years
Property crime trends in Jefferson County, Arkansas, show significant annual fluctuations in specific categories. Larceny-theft remains the most prevalent crime, though it has declined from a high of 330.0 cases in 2019 to 174.0 cases in 2022. Burglary cases dropped by nearly half from 43.0 in 2018 to 30.0 in 2022. Vandalism incidents have also seen a steady decrease, from 64.0 in 2018 to 26.0 in 2022. Interestingly, motor vehicle theft has seen a slight uptick, from 3.0 cases in 2018 to 15.0 in 2022. Fraud and forgery have seen less dramatic changes but indicate potential areas of concern. Understanding these trends can be crucial for real estate agents, insurance providers, and potential investors looking to assess the risks and economic viability of the area.
Demographics
Jefferson County, Arkansas shows a fairly balanced gender distribution among adults, slightly favoring females. The educational landscape reveals a high percentage of the population holding high school diplomas or some college experience, though fewer pursue higher education degrees. Age distribution highlights a predominantly middle-aged population, with noticeable bulges in both younger (under 35 years) and older age brackets (55 years and over). Racial demographics indicate a majority Black... Read more
Race Distribution in Jefferson County, Arkansas (2022)
Educational Attainment in Jefferson County, Arkansas (2022)
Age Distribution in Jefferson County, Arkansas
Citizen Population in Jefferson County, Arkansas (2022)
Political Trends & Data
Jefferson County, Arkansas displayed a notable Democratic tilt in the 2020 U.S. Presidential Election, with roughly 59.5% of the votes leaning that way. The Republicans captured about 37.8% of the vote, showing a distinct but competitive preference. Minor parties like the Libertarians and Greens had negligible impact, with around 0.4% and 0.1% respectively, while other parties collectively captured around 2.1%. This suggests a primarily two-party competition with minimal third-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jefferson County in Arkansas observed a significant lean towards the Democratic party during the 2020 U.S. Presidential Election, with approximately 59.5% of the votes. The Republican party garnered about 37.8%, indicating a competitive yet distinct preference. Minor parties like the Libertarians and Greens barely made a dent, capturing just around 0.4% and 0.1%, respectively. Other parties collectively managed around 2.1% of the votes. This distribution may suggest a predominantly two-party competition with limited impact from third parties.
37.84% of voters voted for the Republican party in the 2020 Presidential Election
59.55% of voters voted for the Democrat party in the 2020 Presidential Election
0.42% of voters voted for the Livertarian party in the 2020 Presidential Election
0.10% of voters voted for the Green party in the 2020 Presidential Election
2.08% of voters voted for the Other party in the 2020 Presidential Election
School Data
Jefferson County, Arkansas has seen its student-to-teacher ratio fluctuate over the past decade, peaking at 16 students per teacher in 2021 before dropping to around 12 by 2023. These changes could impact educational quality and classroom dynamics, making the county more appealing for families and potentially influencing property values and school desirability. Lower student-to-teacher ratios generally indicate more personalized attention for students, which might enhance the area's... Read more
Student-to-teacher ratio in Jefferson County, Arkansas over the last 10 years
Jefferson County, Arkansas, has seen some fluctuation in its student-to-teacher ratio over the past decade, hovering around the national average of 14 students per teacher. Notably, the ratio peaked at 16 students per teacher in 2021, followed by a significant drop to around 12 students per teacher by 2023. These changes could impact the quality of education and classroom dynamics, which may be a crucial factor for families considering moving to or investing in the area. Additionally, lower ratios typically suggest more personalized attention for students, potentially making the county more attractive for educational purposes. For appraisers, real estate agents, and investors, these trends might affect property values and the perceived desirability of local schools.
