Lincoln County Real Estate and Livability Trends
The real estate market in Lincoln County, Arkansas, has shown substantial growth with median home values nearly doubling from $59,600 in 2015 to $112,500 in 2022, outpacing state and national trends. Residential energy tax credits peaking in 2018 ($1,933.33) and 2021 ($2,100.00) indicate potential for energy-efficient investments. Average property taxes reached $1,375.00 in 2021, reinforcing a... Read more
Lincoln County Market Trends
The real estate market in Lincoln County, Arkansas, has marked a noteworthy surge in median home values, almost doubling from $59,600 in 2015 to $112,500 in 2022. This growth is particularly pronounced given that it's outpacing broader state and national trends. Complementing this, the fluctuations in residential energy tax credits, with peaks in 2018 ($1,933.33) and 2021 ($2,100.00), highlight... Read more
Median Value of Occupied Housing Units in Lincoln County, Arkansas Over the Last 8 Years
Lincoln County, Arkansas has shown a significant increase in median home values over the past eight years, jumping from $59,600 in 2015 to $112,500 in 2022. This trend is particularly intriguing when compared to state and national figures. Statewide, Arkansas saw its median home value rise from $111,400 in 2015 to $162,400 in 2022. Nationally, values moved from $125,500 in 2015 to $179,400 in 2022. While Lincoln County started off with lower median values, its rate of growth has been more robust, making it an interesting prospect for those looking to invest in real estate or build property thanks to the potential for value appreciation.
Residential Energy Tax Credit Per Tax Return in Lincoln County, AR Over the Last 9 Years
Lincoln County, Arkansas saw significant fluctuations in residential energy tax credits per tax return over the past nine years. Peaks in 2018 ($1933.33) and 2021 ($2100.00) highlight periods when incentives for energy-efficient investments were especially high. Meanwhile, the mid-decade dip in 2016 ($466.67) and 2017 ($460.00) reflect diminished returns, potentially deterring new investments during those years. Such trends are crucial for those considering property investments or relocations, as they indicate opportunities for maximizing energy efficiency credits and the potential long-term savings on energy costs.
Average Real Estate Taxes Per Tax Return in Lincoln County, AR Over the Last 10 Years
Lincoln County, Arkansas has seen a fluctuating trend in average real estate taxes per tax return over the last decade, with noticeable growth particularly from 2016 onwards. Peaks like 2017's $1,282.98 and 2021's $1,375.00 suggest increased property values or changes in tax rates. These nuances could be essential for potential investors or residents evaluating long-term costs and property value trends in the area.
Percentage of Farm Returns in Lincoln County, AR Over the Last 10 Years
Farm tax returns in Lincoln County, Arkansas, have experienced some fluctuations over the past decade. From 2012 to 2021, the percentage oscillated between 5.40% and 4.24%, with notable increases seen in 2015 and 2018 where values hit around 5.55% and 5.77% respectively. However, a slight dip to about 4.24% was observed in 2020. Farm tax returns typically indicate income generated from farming activities, providing potential investors and residents insight into the agricultural vitality of the region. Notably, the general stability with periodic highs and lows could reflect economic changes and farming conditions in Lincoln County.
Number of Mortgages by Occupancy Type in Lincoln County, AR Over the Last 5 Years in Lincoln County
Over the past five years, Lincoln County, Arkansas has seen a general trend of increasing principal residence mortgages, peaking in 2021 with 350. Investment property mortgages have remained relatively stable, showing only minor fluctuations, while second residence mortgages have been consistently low. These shifts in occupancy type can matter significantly for various stakeholders. For investors, understanding the strong demand in principal residences suggests a robust housing market with potentially high rental yields. For real estate agents and builders, the persistent low numbers in second residences might indicate less opportunity in the vacation home market. Appraisers and insurance agents might find the stability in investment properties indicative of a balanced investment demand, without the volatility seen in principal residence mortgages. Those looking to move to the area can glean that Lincoln County is primarily characterized by owner-occupied housing, suggesting a stable and potentially family-friendly community.
Economic Outlook
Lincoln County, Arkansas has experienced a steady rise in average taxable income per tax return, peaking at $51,112.30 in 2021, suggesting an economically growing and more prosperous community. Meanwhile, state and local income taxes climbed, peaking at $7,014.29 in 2020 before slightly decreasing to $6,442.86 in 2021, underscoring an increasing tax burden. Additionally, the average total tax liability per tax return in the county has fluctuated but ultimately shows a gradual increase, peaking... Read more
Average Taxable Income per Tax Return in Lincoln County, AR over the last 9 years
Lincoln County, AR has seen a steady increase in average taxable income per tax return over the past decade, peaking at $51,112.30 in 2021. This upward trend reflects economic growth and increasing earnings for residents, making it a promising location for investment and development. Prospective movers and investors can take this as a sign of a robust local economy, hinting at the potential for continued prosperity and stability.
Average State and Local Income Taxes Per Tax Return in Lincoln County, AR Over the Last 10 Years
Lincoln County, AR has witnessed fluctuating but overall rising state and local income taxes per tax return in the past decade, peaking significantly at $7,014.29 in 2020 before slightly decreasing to $6,442.86 in 2021. These trends indicate a growing tax burden for residents, which could be a crucial consideration for individuals contemplating moving to the county or evaluating their financial situation if already residing there.
Average Total Tax Liability Per Tax Return in Lincoln County, AR Over the Last 10 Years
Over the past decade in Lincoln County, Arkansas, the average total tax liability per tax return has experienced fluctuations, peaking at $6,839.37 in 2021. Despite some years of decline, the general trend points towards a gradual increase, indicating potential economic growth or changes in tax policies. For investors or potential residents, these figures suggest a stable yet progressively increasing tax environment, impacting financial planning and investment strategies in the region.
Cost of Living in Lincoln County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $773 | $1,351 | $1,899 | $1,281 | $1,056 |
| 1 adult 4 children | $773 | $1,103 | $1,452 | $1,281 | $1,199 |
| 2 adults 3 children | $773 | $1,104 | $1,648 | $1,281 | $826 |
| 1 adult 3 children | $773 | $901 | $1,201 | $1,281 | $905 |
| 2 adults 2 children | $614 | $904 | $1,397 | $1,120 | $735 |
| 1 adult 2 children | $614 | $675 | $950 | $1,120 | $695 |
| 2 adults 1 child | $614 | $714 | $1,146 | $596 | $668 |
| 1 adult 1 child | $614 | $461 | $698 | $596 | $576 |
| 2 adults | $466 | $574 | $894 | $0 | $513 |
| 1 adult | $437 | $313 | $447 | $0 | $466 |
Safety trends & Data
The fluctuating property crime rates in Lincoln County, Arkansas, with notable variances in burglaries and larceny-thefts, are essential for real estate stakeholders to consider. While burglaries decreased to 1 in 2021, they rose again to 4 by 2022, and larceny-thefts peaked at 9 in both 2020 and 2022. The emergence of fraud and forgery/counterfeiting cases in recent years underscores evolving crime dynamics, potentially impacting property values, insurance premiums, and overall investment... Read more
Property Crime Trends in Lincoln County, AR Over the Last 5 Years
Lincoln County, Arkansas has experienced fluctuating property crime rates over the past five years, with notable variances in burglaries and larceny-thefts. While burglary rates decreased from 5 in 2018 to 1 by 2021, they rose again to 4 in 2022. Larceny-thefts have remained relatively high, with a slight reduction in 2019 but spiking back to 9 in both 2020 and 2022. Motor vehicle thefts have been relatively low, topping at 2 in 2018 and reducing to 1 in subsequent years. The emergence of fraud and forgery/counterfeiting cases in 2021 and 2022 indicates evolving crime dynamics. These trends might be crucial for real estate investors, insurance agents, and prospective residents by potentially affecting property values, insurance premiums, and overall investment security.
Demographics
In Lincoln County, Arkansas, the adult population leans significantly towards males, suggesting potential societal or economic factors influencing this gender distribution. Educational attainment shows a predominance of high school graduates, with relatively few holding advanced degrees, which could impact the local job market and economic development opportunities. Age distribution is relatively balanced among working-age adults, yet there's a notable concentration in the 25 to 44-year-old... Read more
Race Distribution in Lincoln County, Arkansas (2022)
Educational Attainment in Lincoln County, Arkansas (2022)
Age Distribution in Lincoln County, Arkansas
Citizen Population in Lincoln County, Arkansas (2022)
Political Trends & Data
Lincoln County, Arkansas, showed a notable preference for Republican candidates in the 2020 U.S. Presidential Election, with over 70% of votes possibly leaning that way. Democrats captured just over 25%, and other parties barely reached 1%. This conservative tilt may mirror broader state trends and could be key for shaping future election... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Lincoln County, Arkansas, saw a significant lean towards the Republican party in the 2020 U.S. Presidential Election, with over 70 percent of the votes likely cast in their favor. Democrats received just over a quarter of the vote, while other parties like Libertarian and Green barely registered above one percent each. The data suggests a clear preference towards conservative candidates, which might reflect broader state-level trends that could be crucial for understanding future election strategies.
70.43% of voters voted for the Republican party in the 2020 Presidential Election
26.63% of voters voted for the Democrat party in the 2020 Presidential Election
0.54% of voters voted for the Livertarian party in the 2020 Presidential Election
0.52% of voters voted for the Green party in the 2020 Presidential Election
1.88% of voters voted for the Other party in the 2020 Presidential Election
School Data
Lincoln County, Arkansas has experienced a decrease in its student-to-teacher ratio over the past decade, with the ratio dropping from 13.7 in 2014 to 13.4 in 2023, and hitting a low of 12.7 in 2021. This trend toward smaller class sizes may attract families and investors interested in better educational environments, potentially impacting local property values. Despite this, real estate professionals should be cautious as these figures can fluctuate due to demographic shifts and funding... Read more
Student-to-teacher ratio in Lincoln County, Arkansas over the last 10 years
Lincoln County, Arkansas has seen a generally decreasing trend in its student-to-teacher ratio over the past decade, starting at approximately 13.7 in 2014 and fluctuating slightly to 13.4 by 2023. Notably, the ratio dipped to its lowest at around 12.7 in 2021, compared to the national average of 14 students per teacher, suggesting smaller class sizes are more common in this region. This could be a critical factor for potential investors, educators, and families considering the quality of education in Lincoln County. Smaller class sizes often imply more personalized attention for students, which might appeal to those looking to move to the area or invest in local property values. However, real estate agents, appraisers, and insurance agents should remain cautious about making broad implications as these figures can vary due to changing demographics and educational funding.
