Poinsett County Real Estate and Livability Trends
Poinsett County, Arkansas has displayed compelling economic growth, with average taxable income per tax return rising from $39,737.40 in 2013 to $51,458.94 in 2021. Real estate trends show an upward trajectory in median home values from $74,200 in 2015 to $93,900 by 2022, though still trailing behind state and national medians. Increased residential energy tax credits reflect a trend toward... Read more
Poinsett County Market Trends
Poinsett County, Arkansas, has witnessed a steady rise in median home values, from $74,200 in 2015 to $93,900 by 2022. Despite this growth, it lags behind Arkansas's state increase and the national median, potentially drawing budget-conscious buyers seeking affordable options within the state. Residential energy tax credits have notably surged, from an average of $260.00 in 2014 to $1,060.00 in... Read more
Median Value of Occupied Housing Units in Poinsett County, Arkansas Over the Last 8 Years
Over the past eight years, median home values in Poinsett County, Arkansas have shown a steady rise, starting at $74,200 in 2015 and reaching $93,900 by 2022. This growth, although noticeable, still lags behind Arkansas's state-level increase where median values rose from $111,400 to $162,400 in the same period. Compared nationally, the gap widens further with the median U.S. home value climbing from $125,500 to $179,400. This trend might suggest that Poinsett County could be an appealing option for budget-conscious investors or homebuyers looking for more affordable opportunities within Arkansas.
Residential Energy Tax Credit Per Tax Return in Poinsett County, AR Over the Last 8 Years
Poinsett County, Arkansas has seen a substantial increase in the average residential energy tax credit per tax return over the last eight years. From a low of $260.00 in 2014, the credit peaked at $1,060.00 in 2020, suggesting a growing investment in energy-efficient home improvements. This trend demonstrates a significant commitment to energy sustainability, making the county particularly attractive for environmentally conscious investors and homeowners.
Average Real Estate Taxes Per Tax Return in Poinsett County, AR Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Poinsett County, Arkansas have shown a notable upward trend. Starting at $902.97 in 2012, they saw a significant increase, peaking at $1,761.11 by 2020 before slightly declining to $1,735.29 in 2021. This sharp rise, especially between 2017 and 2020, could suggest growing property values or changes in tax rates, making it a key factor for prospective investors or homeowners to consider.
Percentage of Farm Returns in Poinsett County, AR Over the Last 10 Years
Farm tax returns in Poinsett County, Arkansas have shown slight fluctuations over the last decade, ranging around 3.29% in 2012 to approximately 2.65% in 2021. The data suggests incremental dips and rises, reflecting minor changes in agricultural activity and profitability. For investors and property developers, this trend could signal changes in local farming economies, potentially impacting land values and local market dynamics. For prospective residents, these trends offer insight into the agricultural sector's health, which can affect community infrastructure, opportunities, and regional growth.
Number of Mortgages by Occupancy Type in Poinsett County, AR Over the Last 5 Years in Poinsett County
Over the past five years in Poinsett County, Arkansas, the data show a significant dominance of mortgages taken out for principal residences compared to investment and second residences. This dominance could indicate a stable demand for long-term living arrangements, potentially driving up property values. For investors, this might imply a steady rental market, while appraisers and insurance agents should note this trend for accurate assessments and coverage. Real estate agents and developers might find this demand appealing for new residential projects, given the strong interest in primary homes.
Economic Outlook
Poinsett County, Arkansas has shown an impressive rise in average taxable income per tax return from $39,737.40 in 2013 to $51,458.94 in 2021, indicating consistent economic growth. Paired with this is a significant increase in state and local income taxes, from $5,667.89 in 2012 to $16,252.63 in 2021, reflecting rising tax burdens. Additionally, the average total tax liability has gone up from $5,513.04 in 2012 to $7,521.96 by 2021, suggesting an upward shift in economic activity and possibly... Read more
Average Taxable Income per Tax Return in Poinsett County, AR over the last 9 years
Poinsett County, AR has experienced a notable rise in average taxable income per tax return over the past nine years, increasing from $39,737.40 in 2013 to $51,458.94 in 2021. This steady upward trend highlights the economic growth in the area, making it an attractive option for investors and property developers. The significant jump in income, especially from 2020 to 2021, suggests robust economic resilience and potential for continued prosperity.
Average State and Local Income Taxes Per Tax Return in Poinsett County, AR Over the Last 10 Years
Over the last decade, Poinsett County, AR has seen a significant rise in average state and local income taxes per tax return, climbing from $5,667.89 in 2012 to $16,252.63 in 2021. This sharp increase, particularly notable in the jump from $9,815.79 in 2019 to $13,973.68 in 2020, suggests rising tax burdens which could impact cost of living considerations for current and prospective residents.
Average Total Tax Liability Per Tax Return in Poinsett County, AR Over the Last 10 Years
Over the past decade, Poinsett County, Arkansas has seen a notable increase in the average total tax liability per tax return, starting at $5,513.04 in 2012 and rising to $7,521.96 by 2021. This trend is essential for potential investors and residents as it highlights an upward shift in economic activity and possibly in property values and incomes. Understanding these changes can provide critical insights for those planning to build, move, or invest in the county, showcasing the region's growing financial responsibilities and opportunities.
Cost of Living in Poinsett County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $892 | $1,223 | $1,899 | $1,281 | $1,004 |
| 1 adult 4 children | $892 | $998 | $1,452 | $1,281 | $1,152 |
| 2 adults 3 children | $892 | $999 | $1,648 | $1,281 | $799 |
| 1 adult 3 children | $892 | $815 | $1,201 | $1,281 | $870 |
| 2 adults 2 children | $720 | $818 | $1,397 | $1,120 | $714 |
| 1 adult 2 children | $720 | $611 | $950 | $1,120 | $681 |
| 2 adults 1 child | $720 | $646 | $1,146 | $596 | $658 |
| 1 adult 1 child | $720 | $417 | $698 | $596 | $580 |
| 2 adults | $547 | $519 | $894 | $0 | $505 |
| 1 adult | $543 | $283 | $447 | $0 | $483 |
Safety trends & Data
Recent crime trends in Poinsett County, Arkansas highlight fluctuating yet consistently high property crime rates over the past five years. Larceny-theft remains prevalent, peaking at 121.00 in 2018 and declining to 82.00 in 2022. Burglary incidents rose from 26.00 in 2018 to 38.00 in 2022, showing potential vulnerabilities. A significant drop in fraud and forgery incidents could indicate improved financial safeguards or better resource allocation in law enforcement. Such crime trends may... Read more
Property Crime Trends in Poinsett County, AR Over the Last 5 Years
Recent crime trends in Poinsett County, Arkansas show a fluctuating but generally high level of property crimes over the last five years. Larceny-theft consistently tops the charts, with a value peaking at 121.0 in 2018 and dropping to a still significant 82.0 in 2022. Burglary rates have shown notable shifts, rising from 26.0 in 2018 to 38.0 in 2022, reflecting potential vulnerabilities in residential and commercial properties. Incidents of fraud and forgery have significantly dropped, suggesting better financial safeguards or resource allocation in law enforcement. Changes in these metrics could affect insurance premiums, influence real estate appraisals, and provide important insights for prospective investors and residents looking at the county's safety and stability.
Demographics
Poinsett County, Arkansas, shows a modest predominance of females over males, comprising a nuanced gender distribution. The population leans heavily towards high school completion, though there's a notable gap in higher education attainment, with a relatively smaller percentage achieving bachelor's or graduate degrees. Age-wise, the adult demographic is diverse, noticeable by significant clusters in both younger and middle-age brackets, indicating a mixed generational presence. The racial... Read more
Race Distribution in Poinsett County, Arkansas (2022)
Educational Attainment in Poinsett County, Arkansas (2022)
Age Distribution in Poinsett County, Arkansas
Citizen Population in Poinsett County, Arkansas (2022)
Political Trends & Data
In Poinsett County, Arkansas, the 2020 U.S. Presidential Election results suggest a strong leaning towards the Republican party, which likely secured around 79% of the votes, compared to the Democratic party's approximately 19% share. This substantial gap hints at a predominantly conservative voter base, while minor parties like Libertarian and Green had minimal impact, collectively attracting only a small fraction of... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Poinsett County, Arkansas, during the 2020 U.S. Presidential Election, the Republican party likely held a significant lead, commanding around 79% of the votes. Meanwhile, the Democratic party garnered approximately 19% of the vote share, indicating a considerable gap between the two major parties. Minor parties, including Libertarian and Green, along with other candidates, collectively represented a small fraction of the vote, suggesting limited influence in the county’s political landscape. This trend may point to a predominantly conservative voter base in this region.
78.69% of voters voted for the Republican party in the 2020 Presidential Election
18.93% of voters voted for the Democrat party in the 2020 Presidential Election
0.53% of voters voted for the Livertarian party in the 2020 Presidential Election
0.13% of voters voted for the Green party in the 2020 Presidential Election
1.72% of voters voted for the Other party in the 2020 Presidential Election
School Data
Poinsett County, Arkansas boasts an average student-to-teacher ratio of 12 students per teacher over the last decade, lower than the national average of 14. This consistent ratio may indicate a more personalized education experience, potentially attracting families and investors. Such educational metrics could influence housing demand and property values positively in the long... Read more
Student-to-teacher ratio in Poinsett County, Arkansas over the last 10 years
Over the last decade, Poinsett County, Arkansas has seen its student-to-teacher ratio hover around an average of 12 students per teacher, slightly below the national average of 14. The ratio has fluctuated, reaching a low of 11 in 2016 and a high of 12 in 2022. For families considering relocating, investors, and real estate agents, this relatively low student-to-teacher ratio might suggest a more personalized and potentially higher-quality education environment compared to other regions. This appealing factor could drive up both demand for housing and property values in the area over time.
