Van Buren County Real Estate and Livability Trends
Van Buren County, Arkansas has showcased a noteworthy rise in median home values from $89,900 in 2015 to $117,900 in 2022, although still lagging behind the broader state increase to $162,400. The significant doubling of real estate taxes over the past decade could be indicative of rising property values or heightened tax rates. The residential energy tax credit per tax return peaking at... Read more
Van Buren County Market Trends
In Van Buren County, Arkansas, median home values have risen from $89,900 (2015) to $117,900 (2022), a smaller increase compared to the state's jump to $162,400, indicating a resilient yet slower-growing market. The residential energy tax credit per tax return hit a peak of $1,450.00 in 2020, suggesting enticing opportunities for energy-efficient investments. Meanwhile, real estate taxes have... Read more
Median Value of Occupied Housing Units in Van Buren County, Arkansas Over the Last 8 Years
Over the past eight years in Van Buren County, Arkansas, median home values have seen a generally upward trend from $89,900 in 2015 to $117,900 in 2022. This increase, although somewhat modest compared to the state's growth from $111,400 to $162,400, still underscores a resilient housing market. Meanwhile, on a national scale, home values climbed from $125,500 to $179,400 during the same period. Investors and potential homeowners might find Van Buren County appealing due to relatively lower entry costs, despite slower appreciation compared to broader state and national trends.
Residential Energy Tax Credit Per Tax Return in Van Buren County, AR Over the Last 7 Years
In Van Buren County, Arkansas, the average residential energy tax credit per tax return has shown notable fluctuations over the past seven years. Starting at $333.33 in 2013, the credit saw a dip and rise until hitting a significant peak of $1,450.00 in 2020, before slightly decreasing to $916.67 in 2021. This volatility suggests a dynamic and potentially opportunistic environment for those investing in energy-efficient home improvements. Higher credits in recent years might indicate better incentives and increased adoption of green energy solutions, making it an appealing factor for potential investors, residents, and developers.
Average Real Estate Taxes Per Tax Return in Van Buren County, AR Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Van Buren County, Arkansas, have shown a noteworthy upward trend. Starting at approximately $1,222.32 in 2012, they spiked to around $2,594.44 in 2021. This near-doubling of real estate taxes could indicate rising property values or higher taxation rates, impacting both current residents and potential investors. Those looking into real estate in Van Buren County should be aware of potential increases in property tax obligations over time.
Percentage of Farm Returns in Van Buren County, AR Over the Last 10 Years
The trends indicate that the percentage of farm tax returns in Van Buren County, Arkansas, has seen small fluctuations over the last decade, peaking at 9.41% in 2016 and dipping to 8.29% in 2020. Farm tax returns refer to the income tax filings from agricultural activities, revealing the economic health and sustainability of farming in the area. This data is potentially useful for investors and developers interested in agricultural opportunities, as well as prospective residents looking to understand the local economy and land use. The generally stable percentage suggests a relatively consistent agricultural presence, despite minor yearly variations.
Number of Mortgages by Occupancy Type in Van Buren County, AR Over the Last 5 Years in Van Buren County
In Van Buren County, Arkansas, the mortgage trends over the past five years show a notable increase in principal residence mortgages, reaching a peak in 2021 with 984. Simultaneously, investment property mortgages and second residence mortgages exhibit modest fluctuations, with investment properties seeing a mild growth over time. The shifts in occupancy types can significantly influence real estate investment decisions, as a strong demand for principal residences could signal a stable, family-oriented community with potential for long-term growth. For appraisers, insurance agents, and real estate professionals, understanding these trends is crucial for accurately assessing property values, risk, and market dynamics. Builders and developers might find opportunities in catering to the dominant housing needs, while existing residents and potential movers could interpret these trends as indicators of community evolution and market stability.
Economic Outlook
Van Buren County, Arkansas has exhibited an upward trend in the average taxable income, hitting $51,744.26 in 2021, suggesting a growing economic base and potential for lucrative real estate opportunities. Additionally, average state and local income taxes have risen significantly from $5,354.21 in 2012 to $9,677.78 in 2021, likely reflecting economic or policy shifts. The fluctuating average total tax liability, peaking notably in 2014 and 2021, underscores the variability in financial... Read more
Average Taxable Income per Tax Return in Van Buren County, AR over the last 9 years
Van Buren County, AR has experienced fluctuations in the average taxable income per tax return over the past nine years, with a notable increase reaching $51,744.26 in 2021. This upward trend indicates a growing economic base, potentially offering lucrative opportunities for real estate investments and business ventures. The recent spike, despite some previous variances, could interest those considering relocation or new developments, suggesting a strengthening local economy and an improving standard of living.
Average State and Local Income Taxes Per Tax Return in Van Buren County, AR Over the Last 10 Years
Over the last decade, Van Buren County, AR has experienced a notable increase in average state and local income taxes per tax return, with figures rising from $5,354.21 in 2012 to $9,677.78 in 2021. This upward trend indicates a significant escalation, especially marked from 2018 onward, reflecting possible economic shifts or policy changes impacting residents' tax burdens. For prospective movers or current residents, this trend underscores an increasing fiscal responsibility that may influence decisions related to housing, investment, and overall financial planning within the county.
Average Total Tax Liability Per Tax Return in Van Buren County, AR Over the Last 10 Years
Van Buren County, Arkansas has seen a fluctuating average total tax liability per tax return over the past decade. Peaks were notably in 2014 and 2021 with $6,659.66 and $6,730.50 respectively, indicating periods of higher economic activity or increased incomes. Despite these peaks, there were years of relative dips, like 2016 at $5,444.57 and 2020 at $5,472.99, highlighting the variability in residents' financial obligations. These trends provide valuable insights for potential investors or new residents aiming to understand the economic landscape and its impact on financial planning in the region.
Cost of Living in Van Buren County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $879 | $1,387 | $1,862 | $966 | $985 |
| 1 adult 4 children | $879 | $1,133 | $1,425 | $966 | $1,114 |
| 2 adults 3 children | $879 | $1,133 | $1,616 | $966 | $771 |
| 1 adult 3 children | $879 | $925 | $1,178 | $966 | $821 |
| 2 adults 2 children | $720 | $928 | $1,369 | $839 | $691 |
| 1 adult 2 children | $720 | $693 | $931 | $839 | $640 |
| 2 adults 1 child | $720 | $733 | $1,122 | $426 | $655 |
| 1 adult 1 child | $720 | $474 | $684 | $426 | $565 |
| 2 adults | $547 | $589 | $875 | $0 | $534 |
| 1 adult | $500 | $321 | $438 | $0 | $487 |
Safety trends & Data
Van Buren County, Arkansas, has seen its property crime landscape evolve over the past few years. There's been a notable drop in larceny-theft cases from 12 in 2018 to just 3 in 2021, hinting at better security against petty theft. Meanwhile, motor vehicle thefts have shown an erratic uptick, peaking at 5 in 2021. Vandalism cases remain low yet slightly increased. These trends offer useful insights for investors, homeowners, and local authorities focused on resource allocation and community... Read more
Property Crime Trends in Van Buren County, AR Over the Last 5 Years
Over the past five years, Van Buren County, Arkansas, has seen fluctuating trends in property crimes. Notably, larceny-theft incidents have declined from 12 cases in 2018 to just 3 in 2021, suggesting some improvements in petty theft security. Conversely, motor vehicle thefts show an inconsistent but rising pattern, with low points of 1 theft in 2018 and 2019, skyrocketing to 5 in 2021 and settling at 3 in 2022. Vandalism incidents have remained relatively stable but modest with slight increases from 1 to 3 cases annually. These trends offer critical context for potential investors, homeowners, and officials monitoring local crime for better resource allocation and community initiatives.
Demographics
Van Buren County, Arkansas has a fairly balanced gender ratio with a small majority of females. Educational attainment reveals a prominent number of high school graduates, but fewer residents have pursued higher education. Age distribution suggests an aging population, as a significant number of residents are over 55. The racial makeup is predominantly white, though there is some diversity, including Black or African American and American Indian and Alaska Native communities. This demographic... Read more
Race Distribution in Van Buren County, Arkansas (2022)
Educational Attainment in Van Buren County, Arkansas (2022)
Age Distribution in Van Buren County, Arkansas
Citizen Population in Van Buren County, Arkansas (2022)
Political Trends & Data
In Van Buren County, Arkansas, the 2020 U.S. Presidential Election data hints at a robust Republican presence, with Republican votes potentially accounting for over 77%. Democratic votes seem to be around 20%, with minor parties gaining minimal traction. This GOP dominance might shape local political strategies and influence future... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Van Buren County, Arkansas, the 2020 U.S. Presidential Election data shows a strong Republican leaning, with Republican votes possibly comprising over 77% of the total. Democratic votes appear to make up around 20%, with minor party candidates receiving minimal support. The voting trends highlight a significant Republican dominance, which may impact local political dynamics and future election strategies.
77.29% of voters voted for the Republican party in the 2020 Presidential Election
20.40% of voters voted for the Democrat party in the 2020 Presidential Election
0.69% of voters voted for the Livertarian party in the 2020 Presidential Election
0.24% of voters voted for the Green party in the 2020 Presidential Election
1.37% of voters voted for the Other party in the 2020 Presidential Election
School Data
Van Buren County, Arkansas has consistently maintained a student-to-teacher ratio lower than the national average over the past decade, hovering between eleven and twelve students per teacher. This suggests potentially smaller class sizes and more personalized attention, which could appeal to families and educators. This trend might be seen as a quality education indicator, possibly driving up housing demand and making the area more attractive to real estate investors and... Read more
Student-to-teacher ratio in Van Buren County, Arkansas over the last 10 years
Over the past decade, Van Buren County in Arkansas has maintained a student-to-teacher ratio that is consistently lower than the national average of fourteen students per teacher. From a low of around eleven in 2014 to a peak of roughly twelve in recent years, the ratio suggests possibly smaller class sizes which could be appealing to families and educators prioritizing personalized attention in classrooms. Investors, real estate agents, and potential residents might view this as an indicator of quality education that could drive housing demand.
