Newton County Real Estate and Livability Trends
Newton County, Arkansas has seen a notable jump in median home values from $82,900 in 2015 to $160,500 in 2022, outpacing state and national averages. Residential energy tax credits surged as well, from $175.00 in 2013 to $800.00 in 2021, signaling a regional push towards energy-efficient homes. Real estate taxes peaked at $1,700.00 in 2020 before slightly decreasing, suggesting some market... Read more
Newton County Market Trends
Newton County, Arkansas, has experienced a dramatic increase in median home values, jumping from $82,900 in 2015 to $160,500 in 2022, outpacing both state and national averages. Coupled with a substantial rise in residential energy tax credits from $175.00 in 2013 to $800.00 in 2021, the area signals a growing focus on energy-efficient home improvements. The recent peak in real estate taxes at... Read more
Median Value of Occupied Housing Units in Newton County, Arkansas Over the Last 8 Years
Over the last eight years, Newton County, Arkansas, has seen a substantial increase in median home values, soaring from $82,900 in 2015 to $160,500 in 2022. This annual growth rate outpaces both the state and national averages. Arkansas as a whole saw its median home values increase from $111,400 to $162,400 over the same period, while the national average rose from $125,500 to $179,400. These trends could signal a promising opportunity for investors eyeing regions with robust appreciation potential.
Residential Energy Tax Credit Per Tax Return in Newton County, AR Over the Last 6 Years
Newton County, Arkansas has seen a significant increase in the average residential energy tax credit per tax return over the last six years. From a modest starting point of $175.00 in 2013, the tax credit surged to a notable $800.00 in 2021. This trend suggests growing investment in energy-efficient home improvements, likely driven by rising energy costs and increased environmental awareness. For investors and residents, this indicates a community that values sustainability, suggesting long-term cost savings and a heightened consciousness towards eco-friendly living.
Average Real Estate Taxes Per Tax Return in Newton County, AR Over the Last 10 Years
Over the last decade, Newton County, Arkansas has seen a fluctuating but overall upward trend in real estate taxes per tax return, peaking at $1,700.00 in 2020. This could suggest increasing property values, which might be appealing or concerning depending on one's investment goals. After a high in 2020, there's been a slight decline in 2021 to $1,475.00, potentially indicating market stabilization. Investors and property owners may want to consider these tax trends when evaluating their financial strategies and the local real estate climate.
Percentage of Farm Returns in Newton County, AR Over the Last 10 Years
Newton County, Arkansas has experienced fluctuating farm tax return percentages over the last decade, generally hovering between 16.55% and 18.18%. Notably, 2014 saw the highest peak at 18.18%, while 2017 recorded the lowest at 16.55%. Such variations might be indicative of changing agricultural viability or economic conditions impacting local farmers. For investors, property developers, or potential residents, these statistics suggest that farm-based income could be a significant economic component in the area, meriting consideration when assessing the county's economic health and investment potential.
Number of Mortgages by Occupancy Type in Newton County, AR Over the Last 5 Years in Newton County
Newton County, Arkansas has seen a fluctuating trend in the number of mortgages, particularly for principal residences which peaked in 2021 with 295 mortgages but then dropped to 231 in 2022. Investment properties remained relatively stable, with minor increases and decreases, while second residences showed a notable surge in 2020 at 42 but declined to 19 by 2022. These shifts in occupancy types can impact property values and housing market stability, influencing decisions for potential investors, real estate agents, and appraisers. For those looking to move or invest, understanding these patterns helps anticipate market dynamics and demand fluctuations.
Economic Outlook
Newton County, Arkansas has shown a consistent rise in average taxable income per tax return, climbing from $34,338.44 in 2013 to $46,654.45 in 2021, indicating a strengthening local economy that could attract real estate investors and developers. The average state and local income taxes per tax return also increased notably, peaking at $8,716.67 in 2020 before slightly decreasing in 2021, which is a key factor for new residents to consider when budgeting. Furthermore, the county's average... Read more
Average Taxable Income per Tax Return in Newton County, AR over the last 9 years
Over the last nine years, Newton County, AR has seen a consistent increase in the average taxable income per tax return, rising from $34,338.44 in 2013 to $46,654.45 in 2021. This upward trend highlights a growing economic strength that can attract investments and property development. For those considering moving to or investing in Newton County, the steady income growth indicates a robust financial environment and potential for future prosperity. This increase suggests a community with rising affluence which can impact real estate values, local businesses, and long-term economic planning.
Average State and Local Income Taxes Per Tax Return in Newton County, AR Over the Last 10 Years
Newton County, AR has seen a notable increase in average state and local income taxes per tax return over the past decade, with a sharp rise around 2018 and peaking significantly in 2020 at $8716.67. Though there's a slight decrease in 2021, it's still markedly higher compared to earlier years. This upward trend could be crucial for potential residents budgeting for taxes or evaluating the overall cost of living in the county.
Average Total Tax Liability Per Tax Return in Newton County, AR Over the Last 10 Years
The data reveals a steady increase in the average total tax liability per tax return in Newton County, Arkansas over the past decade, rising from $3,410.19 in 2012 to $5,206.25 in 2021. Notable jumps occurred between 2013 to 2014 and 2018 to 2020, suggesting either rising incomes, changes in tax policy, or both. For investors or potential residents, this upward trend points to a growing economic base, though higher tax liabilities also signal increased financial responsibilities.
Cost of Living in Newton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $884 | $1,367 | $1,862 | $966 | $1,012 |
| 1 adult 4 children | $884 | $1,117 | $1,425 | $966 | $1,150 |
| 2 adults 3 children | $884 | $1,117 | $1,616 | $966 | $793 |
| 1 adult 3 children | $884 | $912 | $1,178 | $966 | $855 |
| 2 adults 2 children | $720 | $914 | $1,369 | $839 | $712 |
| 1 adult 2 children | $720 | $683 | $931 | $839 | $671 |
| 2 adults 1 child | $720 | $723 | $1,122 | $426 | $677 |
| 1 adult 1 child | $720 | $467 | $684 | $426 | $591 |
| 2 adults | $605 | $581 | $875 | $0 | $597 |
| 1 adult | $539 | $317 | $438 | $0 | $525 |
Safety trends & Data
Newton County, Arkansas, has seen mostly low but fluctuating property crime levels over the past five years. 2021, however, marked a slight increase in stolen property offenses and vandalism incidents. Such trends could nudge investors and developers to weigh the area's stability and safety more carefully, especially regarding insurance and property valuations. For residents and real estate agents, recognizing these crime patterns might be key in making well-informed decisions on property... Read more
Property Crime Trends in Newton County, AR Over the Last 5 Years
Newton County, Arkansas, has experienced fluctuating yet generally low levels of property crime over the past five years. With burglary and vandalism occasionally popping up, 2021 stood out for a slight uptick in incidents, especially in stolen property offenses and an increased occurrence of vandalism. This sort of trend might prompt investors and property developers to consider the stability and safety of the area, particularly regarding insurance assessments and property appraisals. For residents and real estate agents, understanding these crime patterns could be crucial in making informed decisions about buying or selling property in the county.
Demographics
Newton County, Arkansas shows a slight male majority in the adult population, leaning into traditional gender balance dynamics. Educational attainment showcases a predominantly high school-educated demographic, with substantial portions having some college experience yet without a degree. Age distribution emphasizes a notably higher concentration of older adults, potentially signaling either longer life expectancies or younger demographics migrating away. Ethnically, the county is... Read more
Race Distribution in Newton County, Arkansas (2022)
Educational Attainment in Newton County, Arkansas (2022)
Age Distribution in Newton County, Arkansas
Citizen Population in Newton County, Arkansas (2022)
Political Trends & Data
Newton County, Arkansas, exhibited a strong conservative preference in the 2020 U.S. Presidential Election, with about 80% of voters leaning Republican and only roughly 18% supporting Democrats. Minor parties possibly accounted for just under 3% combined. This voting pattern may indicate a predominantly conservative electorate in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Newton County, Arkansas, saw an overwhelming preference for the Republican party in the 2020 U.S. Presidential Election, with Republican votes possibly making up roughly 80% of the total. Democrats seemed to capture significantly less support, potentially around 18%. Minor parties like the Libertarian and Green parties, as well as other categories, had minimal impact, collectively accounting for possibly under 3% of the vote. This tendency could suggest a strong conservative leaning in the electorate of this county.
79.84% of voters voted for the Republican party in the 2020 Presidential Election
17.73% of voters voted for the Democrat party in the 2020 Presidential Election
0.58% of voters voted for the Livertarian party in the 2020 Presidential Election
0.28% of voters voted for the Green party in the 2020 Presidential Election
1.58% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Newton County, Arkansas, the student-to-teacher ratio has dropped significantly from approximately 9 in 2014 to just over 3 in 2023, far below the national average of 14. This could highlight a stronger focus on personalized education, making the area more attractive for families looking to relocate. For investors and real estate agents, this trend might hint at a stable or growing housing demand, while appraisers and insurance agents may consider the improved educational infrastructure in... Read more
Student-to-teacher ratio in Newton County, Arkansas over the last 10 years
Over the past decade, Newton County, Arkansas has seen a notable decline in its student-to-teacher ratio, dropping from approximately 9 in 2014 to just over 3 in 2023. This is significantly below the current national average of 14 students per teacher. These changes could potentially suggest a stronger emphasis on individualized attention in education, which may appeal to families considering relocation. For investors and real estate agents, this trend might indicate a stable or growing demand for housing in the area due to its appealing educational environment. Additionally, appraisers and insurance agents might note the improved educational infrastructure as a factor in property valuation and risk assessment.
