St. Francis County Real Estate and Livability Trends
St. Francis County, Arkansas, shows a promising economic trajectory with average taxable incomes rising from $33,878.45 in 2013 to $41,967.20 in 2021. Key indicators like the median home value, which climbed from $60,800 in 2015 to $82,400 in 2022, suggest a desirable entry point for affordable property investments. The property crime landscape has improved, especially with a significant decrease... Read more
St. Francis County Market Trends
St. Francis County, Arkansas, is showing an interesting upward trend in median home values, rising from $60,800 in 2015 to $82,400 in 2022. This growth remains significantly below the state and national medians, potentially making it attractive for those looking for affordable entry points in a market that has shown consistent appreciation. Real estate taxes have almost doubled over the last... Read more
Median Value of Occupied Housing Units in St. Francis County, Arkansas Over the Last 8 Years
St. Francis County, Arkansas, has seen an intriguing trend in median home values over the last eight years, climbing from $60,800 in 2015 to $82,400 in 2022. While this growth is apparent, it's still substantially lower than Arkansas' state median, which reached $162,400 in 2022, and the national median of $179,400. This potentially presents an appealing prospect for investors or homebuyers seeking more affordable entry points in a market that has shown consistent appreciation, especially given the significant jump in 2022.
Residential Energy Tax Credit Per Tax Return in St. Francis County, AR Over the Last 9 Years
St. Francis County, Arkansas has seen significant fluctuations in residential energy tax credits over the past nine years, with notable peaks and troughs. Starting at $391.67 in 2013 and soaring to $1,357.14 in 2021, these changes suggest varying degrees of investment in energy-efficient home improvements. The spike in credits around 2018 indicates a heightened focus on energy savings, making it an attractive time for homeowners and investors aiming to leverage these financial benefits. For those considering property investment or development in the area, these trends highlight potential for ongoing support in sustainable projects.
Average Real Estate Taxes Per Tax Return in St. Francis County, AR Over the Last 10 Years
St. Francis County, Arkansas has seen a notable increase in real estate taxes per tax return over the last decade, rising from around $866.07 in 2012 to nearly $1,560.00 by 2021. This upward trend, particularly the significant jumps in 2018 and 2020, suggests rising property values and potentially increased local government spending. This matters for potential investors and residents, signaling both higher community investment and increasing costs of property ownership.
Percentage of Farm Returns in St. Francis County, AR Over the Last 10 Years
Over the past decade, St. Francis County in Arkansas has seen a modest fluctuation in the percentage of farm returns, with values generally hovering between 2.17% and 2.51%. Notably, there was a slight drop to 1.87% in 2020, followed by a recovery to 2.01% in 2021. Farm tax returns reflect the income reported by agricultural operations, which can be a valuable economic indicator. This matters for investors, developers, and residents as it gives insights into the agricultural vitality and economic trends within the county, potentially influencing property values and future investment opportunities.
Number of Mortgages by Occupancy Type in St. Francis County, AR Over the Last 5 Years in St. Francis County
Over the past five years, St. Francis County, Arkansas, has seen varying trends in mortgage types. Principal residences dominate the mortgage scene with a peak of 464 mortgages in 2021, while investment properties have seen a steady decline from 59 in 2018 to 33 in 2022. Second residences, though consistently the smallest category, experienced a notable jump from 4 in 2021 to 16 in 2022. These shifts provide insights into potential market dynamics, possibly reflecting economic conditions or changes in local attractiveness for different residency types. For investors, appraisers, and anyone involved in real estate, such patterns may indicate areas of opportunity or risk, influencing everything from property values to insurance premiums.
Economic Outlook
St. Francis County, Arkansas has seen a steady rise in average taxable income per tax return, climbing from $33,878.45 in 2013 to $41,967.20 in 2021, with significant boosts in 2018 and 2021, suggesting economic growth. State and local income taxes have also generally increased, peaking at $7,896.30 in 2021, indicating a higher cost of living. The average total tax liability per tax return rose to $5,424.41 in 2021, pointing to either higher incomes or increased tax rates. These trends could be... Read more
Average Taxable Income per Tax Return in St. Francis County, AR over the last 9 years
St. Francis County, AR has seen a steady increase in average taxable income per tax return over the past nine years, starting from $33,878.45 in 2013 to $41,967.20 in 2021, with notable boosts in 2018 and 2021. This upward trend highlights economic growth and could signal a strengthening local economy appealing to investors, potential residents, and developers considering new projects in the area.
Average State and Local Income Taxes Per Tax Return in St. Francis County, AR Over the Last 10 Years
St. Francis County, AR has experienced fluctuating but generally increasing state and local income taxes per tax return over the past decade. Starting from $4,761.83 in 2012, the taxes saw notable jumps, especially from 2018 onwards, reaching a peak of $7,896.30 in 2021. This steady rise indicates a growing tax burden, which prospective and current residents need to consider as it reflects an increase in overall living expenses related to income.
Average Total Tax Liability Per Tax Return in St. Francis County, AR Over the Last 10 Years
St. Francis County, Arkansas has seen a gradual increase in the average total tax liability per tax return over the past decade, reaching $5,424.41 in 2021. This upward trend suggests rising incomes or tax rates, making it an essential consideration for potential investors or residents. Real estate developers and prospective homeowners should factor in these changing tax liabilities, indicating economic growth and possibly improved public services or infrastructure in the area.
Cost of Living in St. Francis County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,023 | $1,251 | $1,862 | $966 | $926 |
| 1 adult 4 children | $1,023 | $1,021 | $1,425 | $966 | $1,044 |
| 2 adults 3 children | $1,023 | $1,022 | $1,616 | $966 | $737 |
| 1 adult 3 children | $1,023 | $834 | $1,178 | $966 | $784 |
| 2 adults 2 children | $720 | $836 | $1,369 | $839 | $615 |
| 1 adult 2 children | $720 | $625 | $931 | $839 | $564 |
| 2 adults 1 child | $720 | $661 | $1,122 | $426 | $573 |
| 1 adult 1 child | $720 | $427 | $684 | $426 | $508 |
| 2 adults | $575 | $531 | $875 | $0 | $494 |
| 1 adult | $571 | $290 | $438 | $0 | $471 |
Safety trends & Data
The property crime landscape in St. Francis County, Arkansas, has notably shifted over the past five years, with larceny-theft showing a significant decrease from 132 incidents in 2018 to just 40 in 2022. Burglary fluctuated, peaking at 22 in 2019, then reducing to 5 in 2021, and rising again to 18 in 2022. Vandalism, however, saw a noteworthy spike from 7 in 2019 to 26 in 2021. While less common, motor vehicle theft, arson, forgery, and fraud exhibited minimal yet noteworthy changes, offering... Read more
Property Crime Trends in St. Francis County, AR Over the Last 5 Years
The property crime landscape in St. Francis County, Arkansas over the past five years has seen some notable shifts. Larceny-theft consistently leads in frequency but showed a significant decrease, dropping from 132 incidents in 2018 to just 40 in 2022. Burglary fluctuated, peaking at 22 in 2019 and then reducing to 5 in 2021, but rising again to 18 in 2022. Vandalism saw a noteworthy spike from 7 in 2019 to 26 in 2021. While relatively infrequent, motor vehicle theft, arson, forgery, and fraud exhibited minimal yet notable changes. These patterns can offer insights for potential investors, residents, and real estate professionals on the evolving safety dynamics within the county.
Demographics
St. Francis County, Arkansas, exhibits intriguing demographic features. The adult population skews slightly more male than female. Educational attainment is varied, with a significant portion achieving high school graduation but fewer reaching higher education degrees like Bachelor's or graduate degrees. Age distribution shows a substantial number of residents in the 25-64 age bracket, suggesting a workforce-centric demographic. Racially, the population is predominantly Black or African... Read more
Race Distribution in St. Francis County, Arkansas (2022)
Educational Attainment in St. Francis County, Arkansas (2022)
Age Distribution in St. Francis County, Arkansas
Citizen Population in St. Francis County, Arkansas (2022)
Political Trends & Data
In Saint Francis County, Arkansas, the 2020 U.S. Presidential Election results showed a slight Democratic preference, with Democrats potentially receiving just over 50% of the vote. Republicans were not far behind, possibly securing around 45.6%, while minor parties like the Libertarians and Greens collectively might have received about 3.6% of the votes. The distribution hints at a predominantly Democratic leaning with a notable openness to alternative candidates among the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Saint Francis County, Arkansas, the 2020 U.S. Presidential Election saw a slight Democratic preference, with Democrats possibly receiving just over 50% of the vote. Republicans followed closely, potentially securing around 45.6%. Minor parties like the Libertarians and Greens, along with other candidates, collectively might have gathered around 3.6% of the votes. This distribution suggests that while the county leans slightly Democratic, there might be a significant portion of the electorate open to alternative candidates.
45.61% of voters voted for the Republican party in the 2020 Presidential Election
50.70% of voters voted for the Democrat party in the 2020 Presidential Election
0.52% of voters voted for the Livertarian party in the 2020 Presidential Election
0.30% of voters voted for the Green party in the 2020 Presidential Election
2.87% of voters voted for the Other party in the 2020 Presidential Election
School Data
St. Francis County, Arkansas has seen its student-to-teacher ratio ranging from about 11 to 13 over the past decade, consistently staying below the national average of 14. This trend could suggest that local classrooms might offer more individualized attention, potentially making the area more attractive to families and, consequently, to real estate agents promoting the community. For investors or builders, these ratios may indicate a stable or perhaps improving educational environment,... Read more
Student-to-teacher ratio in St. Francis County, Arkansas over the last 10 years
Over the past decade, St. Francis County, Arkansas has experienced fluctuations in its student-to-teacher ratio, with values ranging from about 11 to 13 students per teacher. This ratio consistently remains below the national average of 14 students per teacher. Lower student-to-teacher ratios might suggest that classrooms in the area could potentially provide more individualized attention to students, which could be an attractive point for families considering moving to the region or for real estate agents promoting the community. For investors or builders, these trends could hint at a stable or improving educational environment, potentially raising the appeal for residential development. Appraisers and insurance agents might infer nuanced impacts on local property values and insurance risks based on the perceived quality of education.
