Stone County Real Estate and Livability Trends
Stone County, Arkansas, has seen interesting economic growth, with average taxable income increasing from $34,915.88 in 2013 to $46,886.60 in 2021, although this comes paired with rising state and local taxes now at $8,254.55. The median home values have surged, peaking at $153,700 in 2022, indicating a robust local real estate market mirrored by nearly doubled real estate taxes to $1,836.36.... Read more
Stone County Market Trends
Stone County, Arkansas has experienced interesting fluctuations in median home values over the past eight years, peaking at $153,700 in 2022, outpacing state averages and even showing substantial gains against national figures. Notable upward trends in average real estate taxes per tax return, nearly doubling from $1,052.46 in 2012 to $1,836.36 in 2021, suggest a vigorous local real estate... Read more
Median Value of Occupied Housing Units in Stone County, Arkansas Over the Last 8 Years
Stone County, Arkansas has experienced interesting fluctuations in median home values over the past eight years. Starting at $92,700 in 2015, values have risen overall, peaking at $153,700 in 2022. This growth outpaced state averages—including Arkansas, which increased from $111,400 in 2015 to $162,400 in 2022—and even showed substantial gains against national figures, which moved from $125,500 to $179,400 in the same period. However, the dip in 2021 to $121,600 highlights some volatility. Prospective investors and homebuyers might see Stone County as a potentially rewarding but slightly unpredictable market compared to broader trends.
Residential Energy Tax Credit Per Tax Return in Stone County, AR Over the Last 8 Years
Stone County, Arkansas has seen notable fluctuations in the average residential energy tax credit per tax return over the last eight years, with a significant spike to $2,025.00 in 2021. This trend indicates increasing incentives for energy-efficient investments, suggesting a growing emphasis on sustainability. Such incentives are a key consideration for potential investors or homeowners looking to capitalize on energy savings and tax benefits.
Average Real Estate Taxes Per Tax Return in Stone County, AR Over the Last 10 Years
Stone County, Arkansas has seen a significant upward trend in average real estate taxes per tax return over the last decade. Starting at $1,052.46 in 2012, the taxes have nearly doubled, reaching $1,836.36 in 2021. The most notable jumps occurred between 2014 and 2016 and again in 2017 to 2018. These increases suggest a vigorous local real estate market and perhaps rising property values, making Stone County potentially interesting for investors and those considering property development. However, the increases could also reflect a higher tax burden for current and prospective homeowners.
Percentage of Farm Returns in Stone County, AR Over the Last 10 Years
Over the past decade in Stone County, Arkansas, the percentage of farm tax returns has seen marginal fluctuations, generally hovering between 10.31% and 11.88%. Farm tax returns indicate the proportion of tax filings specifically from farming activities, reflecting the agricultural economic engagement within the county. These figures suggest that while agriculture plays a consistent role in the local economy, there hasn't been a significant increase or decrease in farming-related income tax filings. This could be insightful for investors and prospective residents, highlighting a relatively stable agricultural sector without drastic changes in engagement or income from farming.
Number of Mortgages by Occupancy Type in Stone County, AR Over the Last 5 Years in Stone County
Stone County, Arkansas has shown notable fluctuations in mortgage counts across different occupancy types over the last five years. Principal Residence mortgages have experienced consistent growth, peaking at 469 in 2021. Investment Property and Second Residence mortgages have seen varied trends but remain substantially lower than those for Principal Residences. These shifts could signal evolving community preferences, possibly indicating increasing local stability or attractiveness for long-term living. Investors and builders might find significant insights here for planning future residential projects, while appraisers and insurance agents could consider these dynamics when assessing property values and risk. Real estate agents may also find this data useful to understand market demand and client priorities.
Economic Outlook
Stone County, Arkansas is experiencing economic growth, evidenced by a rise in average taxable income per tax return from $34,915.88 in 2013 to $46,886.60 in 2021. However, this growth comes with increased state and local income taxes, which soared from $4,858.18 in 2012 to $8,254.55 in 2021. The added tax burden and rising total tax liabilities, up from $4,333.11 in 2012 to $6,043.68 in 2021, reflect escalating financial obligations for residents. These trends highlight both opportunities and... Read more
Average Taxable Income per Tax Return in Stone County, AR over the last 9 years
Stone County, AR has seen a steady rise in average taxable income per tax return over the past nine years, growing from $34,915.88 in 2013 to $46,886.60 in 2021. This upward trend signals economic growth and increasing prosperity, making it a potentially attractive location for investors, new residents, and property developers alike.
Average State and Local Income Taxes Per Tax Return in Stone County, AR Over the Last 10 Years
Over the past decade in Stone County, AR, state and local income taxes per tax return have shown a significant increase. Starting from $4,858.18 in 2012, the average tax burden has escalated to $8,254.55 by 2021. Particularly noteworthy are the jumps in recent years, such as the spikes to $6,945.45 in 2018 and $7,470.00 in 2019, reflecting escalating financial obligations for residents. This upward trend in taxes may affect household budgets and could be an important consideration for both new and current residents evaluating their financial commitments in the area.
Average Total Tax Liability Per Tax Return in Stone County, AR Over the Last 10 Years
Average total tax liability per tax return in Stone County, Arkansas has shown a general upward trend over the past decade, increasing from $4,333.11 in 2012 to $6,043.68 in 2021. Notable increments occurred in 2015 with a jump to $5,084.98 and again in 2020 and 2021, where liabilities surged to $5,653.70 and $6,043.68 respectively. This rise suggests a growing economic burden on residents, which potential investors and new residents should consider when evaluating the area.
Cost of Living in Stone County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,023 | $1,387 | $1,862 | $966 | $1,053 |
| 1 adult 4 children | $1,023 | $1,133 | $1,425 | $966 | $1,198 |
| 2 adults 3 children | $1,023 | $1,133 | $1,616 | $966 | $825 |
| 1 adult 3 children | $1,023 | $925 | $1,178 | $966 | $906 |
| 2 adults 2 children | $720 | $928 | $1,369 | $839 | $692 |
| 1 adult 2 children | $720 | $693 | $931 | $839 | $642 |
| 2 adults 1 child | $720 | $733 | $1,122 | $426 | $657 |
| 1 adult 1 child | $720 | $474 | $684 | $426 | $569 |
| 2 adults | $547 | $589 | $875 | $0 | $537 |
| 1 adult | $539 | $321 | $438 | $0 | $506 |
Safety trends & Data
Stone County, Arkansas has seen significant shifts in property crime trends over the past five years. While larceny-theft was highest in 2018 at 30.00 incidents, it decreased to 11.00 by 2022. Burglary incidents fell sharply from 6.00 in 2018 to just 1.00 in recent years. Forgery and counterfeiting surged to 24.00 in 2018 but haven't re-appeared in recent data, hinting at effective local crime prevention efforts. This overall downward trend may offer reassurance to investors, property... Read more
Property Crime Trends in Stone County, AR Over the Last 5 Years
Stone County, Arkansas has seen fluctuations in property crime over the past five years. Larceny-theft consistently remains the highest category, peaking at 30.00 in 2018 but dropping to 11.00 by 2022. Burglary incidents have decreased dramatically from 6.00 in 2018 to only 1.00 in recent years. Notably, forgery and counterfeiting had a significant spike in 2018 at 24.00 but hasn't appeared in more recent data. Overall, a downward trend in certain crime categories may suggest improvements in local crime prevention efforts, offering potential reassurance to investors, property appraisers, and future residents.
Demographics
Stone County, Arkansas appears to have a relatively balanced gender distribution in its adult population, but the female population slightly exceeds the male. The region is predominantly White, with minimal racial diversity, as the numbers for other racial groups are quite low. Educational attainment shows a significant portion of residents with only a high school diploma or some college experience, while fewer have achieved a bachelor's or higher degree. Age distribution data suggests a... Read more
Race Distribution in Stone County, Arkansas (2022)
Educational Attainment in Stone County, Arkansas (2022)
Age Distribution in Stone County, Arkansas
Citizen Population in Stone County, Arkansas (2022)
Political Trends & Data
Stone County, Arkansas, exhibited a pronounced preference for the Republican Party in the 2020 U.S. Presidential Election, receiving about 78% of the votes, while the Democratic Party attracted close to 20%. This overwhelming conservative tilt might suggest a community with strong traditional values and possibly a lower propensity for third-party influence, given the minimal support for Libertarian and Green party candidates. The political landscape here could offer insights into the broader... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Stone County, Arkansas, the 2020 U.S. Presidential Election results showed a significant leaning towards the Republican Party, with approximately 78% of the votes. The Democratic Party garnered nearly 20%, potentially indicating a strong conservative presence in the community. Minor parties such as the Libertarian and Green parties received minimal support, suggesting that third-party candidates might struggle to gain traction here. These voting patterns could reflect broader political and social trends in rural regions of the state.
77.74% of voters voted for the Republican party in the 2020 Presidential Election
19.87% of voters voted for the Democrat party in the 2020 Presidential Election
0.79% of voters voted for the Livertarian party in the 2020 Presidential Election
0.32% of voters voted for the Green party in the 2020 Presidential Election
1.28% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Stone County, Arkansas, has consistently been lower than the national average of 14 students per teacher, generally hovering around 10, and even dipping to 9 in some years. These lower ratios could suggest more personalized attention for students, which might appeal to families considering relocating. For real estate professionals, this trend could hint at an improving educational environment, potentially enhancing property values. Meanwhile, for those in the... Read more
Student-to-teacher ratio in Stone County, Arkansas over the last 10 years
The student-to-teacher ratio in Stone County, Arkansas, over the last decade has consistently been lower than the national average of 14 students per teacher. Over the past 10 years, the ratio has fluctuated slightly, with values generally hovering around 10 students per teacher, dipping as low as 9 students in some years. These lower ratios could suggest more personalized attention for students, which might make this an attractive area for families considering relocating. For real estate agents and appraisers, these trends might indicate a stable or improving educational environment, potentially enhancing property values. Meanwhile, for those in the insurance or construction industry, these figures might hint at a steady demand for housing without the pressure of overcrowded schools.
