Bradford County Real Estate and Livability Trends
Bradford County, Florida, has seen median home values rise significantly from $89,200 in 2015 to $153,900 in 2022, suggesting notable property appreciation at a relatively affordable rate compared to the state average. This increase is coupled with growing investor interest, as evidenced by a rise in mortgages for both principal residences and investment properties. The market's appeal is... Read more
Bradford County Market Trends
Bradford County, Florida, has seen median home values jump from $89,200 in 2015 to $153,900 in 2022, highlighting significant appreciation at a more affordable rate compared to the state average. The median value increase suggests potential for growth, making it an attractive area for cost-conscious investors. Energy-efficient improvements are on the rise, marked by a surge in Residential Energy... Read more
Median Value of Occupied Housing Units in Bradford County, Florida Over the Last 8 Years
Bradford County, Florida, has seen a significant increase in median home values over the past eight years, with a rise from $89,200 in 2015 to $153,900 in 2022. When compared to the state-level data, where the median value grew from $159,000 in 2015 to $292,200 in 2022, Bradford County remains considerably more affordable. However, the county’s appreciation rate indicates a strong upward trend, which might attract investors looking for growth areas with lower initial costs. Nationally, housing values also trended upward from $125,500 in 2015 to $179,400 in 2022, putting Bradford County below the national average yet showing competitive growth that could appeal to those looking for more budget-friendly investment opportunities.
Residential Energy Tax Credit Per Tax Return in Bradford County, FL Over the Last 9 Years
Over the past nine years, Bradford County, Florida has experienced a significant increase in the average Residential Energy Tax Credit per tax return. Starting at $317.65 in 2013, the credit saw a steady increase, peaking dramatically at $2,061.54 by 2021. This trend highlights growing investments in energy-efficient home improvements, making it an appealing proposition for homeowners and investors focusing on sustainable living. The spike from 2017 onwards—to $920.00 and reaching over $1,000.00 in subsequent years—indicates a strategic shift to enhance energy savings, potentially driven by local incentives and market demand for greener solutions.
Average Real Estate Taxes Per Tax Return in Bradford County, FL Over the Last 10 Years
Bradford County, Florida has seen a fluctuation in average real estate taxes per tax return over the past decade. By 2017, there was a notable increase, peaking sharply in 2018 at $3,260.61, remaining relatively high since. This upward trend suggests rising property values or increased tax rates, potentially impacting the cost of living and real estate investment. While this could denote growth and development, prospective investors or property buyers might need to account for higher annual taxes.
Percentage of Farm Returns in Bradford County, FL Over the Last 10 Years
Over the past decade, the percentage of farm returns in Bradford County, Florida, has fluctuated modestly, with a slight overall decline. In 2012, the percentage was approximately 2.81%, rising to a peak of around 2.92% in 2013 before gradually dropping to roughly 2.23% by 2021. Farm tax returns, representing income generated from agricultural activities, provide insights into the county's farming economy and can influence decisions on agricultural investments. This downward trend may suggest changing economic conditions for farms or shifts in land use, potentially impacting those considering investments or property development in the region.
Number of Mortgages by Occupancy Type in Bradford County, FL Over the Last 5 Years in Bradford County
Bradford County, Florida has shown significant fluctuations in mortgage counts across different occupancy types over the past five years. There's been a notable increase in mortgages for principal residences, reaching a peak of 1439 in 2021, up from 956 in 2018. Investment property mortgages have also seen a rise, suggesting growing interest from investors, with the highest count of 44 in 2021. Changes in occupancy type can impact local market dynamics by shifting demand for different types of properties, potentially influencing property values and rental market conditions. This information is particularly relevant for investors assessing market saturation, real estate agents tailoring their strategies, and appraisers considering market trends for accurate valuations.
Economic Outlook
Bradford County, Florida, has experienced a notable rise in average taxable income per tax return, jumping from $41,427.64 in 2013 to $54,768.14 in 2021, marking strong economic growth, especially between 2016-2017 and 2020-2021. Average state and local income taxes per tax return revealed significant fluctuations, peaking at $5,475.00 in 2017 and dropping to $2,866.67 in 2018, suggesting changes in tax policies or income levels. Additionally, the average total tax liability per tax return... Read more
Average Taxable Income per Tax Return in Bradford County, FL over the last 9 years
Over the past nine years, Bradford County, FL has seen a noticeable increase in average taxable income per tax return, rising from $41,427.64 in 2013 to $54,768.14 in 2021. The most significant jumps occurred between 2016 and 2017, and again in 2020 to 2021, showcasing robust economic growth. This upward trend highlights the county’s improving economic conditions, making it an attractive prospect for investors, potential residents, and developers.
Average State and Local Income Taxes Per Tax Return in Bradford County, FL Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Bradford County, Florida showed significant fluctuations, peaking at $5,475.00 in 2017. This high-point suggests a considerable tax burden during that year compared to the surrounding years. Interestingly, a noticeable drop occurred in 2018 with an average of $2,866.67, indicating either tax policy changes or variations in local income levels. Investors and potential residents looking into Bradford County should be aware of these shifts as they reflect the economic and fiscal dynamics of the area, impacting both investment decisions and quality of life.
Average Total Tax Liability Per Tax Return in Bradford County, FL Over the Last 10 Years
The data shows a fluctuating but overall upward trend in average total tax liability per tax return in Bradford County, Florida over the past decade. Notably, there was a significant rise from $6,044.18 in 2014 to $7,210.56 in 2021, peaking in 2021. This trend indicates a growing tax burden, reflecting either rising incomes, increased tax rates, or both, which could impact decisions on relocating or investing in the area.
Cost of Living in Bradford County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,172 | $1,359 | $2,203 | $1,189 | $910 |
| 1 adult 4 children | $1,172 | $1,110 | $1,688 | $1,189 | $995 |
| 2 adults 3 children | $1,172 | $1,110 | $1,910 | $1,189 | $724 |
| 1 adult 3 children | $1,172 | $907 | $1,395 | $1,189 | $768 |
| 2 adults 2 children | $836 | $909 | $1,617 | $1,035 | $614 |
| 1 adult 2 children | $836 | $679 | $1,102 | $1,035 | $529 |
| 2 adults 1 child | $836 | $718 | $1,324 | $537 | $582 |
| 1 adult 1 child | $836 | $464 | $808 | $537 | $467 |
| 2 adults | $740 | $577 | $1,030 | $0 | $531 |
| 1 adult | $724 | $315 | $515 | $0 | $458 |
Safety trends & Data
Bradford County, Florida has seen mixed trends in property crimes over the past two years. Larceny-theft incidents dropped from 123 in 2019 to 85 in 2020, suggesting a positive downward trend. However, fraud cases rose from 21 to 34, which could be a concern for potential investors and insurance agents assessing risk. Burglary incidents also decreased from 16 to 9, potentially signaling improved security or law enforcement efforts. These shifts matter for those considering real estate... Read more
Property Crime Trends in Bradford County, FL Over the Last 2 Years
Bradford County, Florida has seen mixed trends in property crimes over the past two years. Notably, larceny-theft incidents dropped from 123 in 2019 to 85 in 2020, suggesting a positive downward trend. However, fraud cases rose from 21 to 34 within the same period, which could be a cause for concern for potential investors and insurance agents assessing risk. Burglary incidents also decreased from 16 to 9, potentially signaling improved security or law enforcement efforts. These shifts matter for anyone considering real estate investments or relocations, as they directly impact property values and safety perceptions.
Demographics
Bradford County, Florida, appears to have a larger male population compared to females. Educational attainment suggests a significant portion of the county's residents either hold a high school diploma or have attended some college without obtaining a degree. The age distribution leans towards a somewhat younger demographic, with noticeable populations in the 25 to 34-year and 35 to 44-year age groups. Racially, the county is predominantly White, with Black or African Americans constituting the... Read more
Race Distribution in Bradford County, Florida (2022)
Educational Attainment in Bradford County, Florida (2022)
Age Distribution in Bradford County, Florida
Citizen Population in Bradford County, Florida (2022)
Political Trends & Data
Bradford County, Florida, appeared to show a marked preference for the Republican candidate in the 2020 U.S. Presidential Election, likely giving them a solid majority of the votes. The Democratic contender seemed to trail considerably behind, and minor parties like the Libertarians and Greens likely garnered a negligible... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Bradford County, Florida, seemed to strongly lean Republican in the 2020 U.S. Presidential Election, with a significant proportion of the votes potentially going to the Republican candidate. The Democrats, while coming in second, appeared to have garnered much less support in comparison. Minor parties like the Libertarians and Greens, along with other candidates, collectively might have captured a tiny fraction of the vote.
75.81% of voters voted for the Republican party in the 2020 Presidential Election
23.18% of voters voted for the Democrat party in the 2020 Presidential Election
0.81% of voters voted for the Livertarian party in the 2020 Presidential Election
0.08% of voters voted for the Green party in the 2020 Presidential Election
0.12% of voters voted for the Other party in the 2020 Presidential Election
School Data
Bradford County, Florida has seen its student-to-teacher ratio rise from a low of around 9 students per teacher in 2014 to over 15 students per teacher in 2023. While the national average is near 14 students per teacher, recent local trends could point to increased student enrollment or hiring challenges. This shift might influence class sizes and education quality, affecting those considering relocating, investing in property, or planning new developments. For appraisers and insurance agents,... Read more
Student-to-teacher ratio in Bradford County, Florida over the last 10 years
Bradford County, Florida has seen its student-to-teacher ratio fluctuate over the past decade, starting with a low of around 9 students per teacher in 2014 and peaking at over 15 students per teacher in 2023. While the national average sits at around 14 students per teacher, recent trends show Bradford County surpassing this figure, possibly indicating growth in student enrollment or challenges in hiring teachers. This could impact class sizes and the quality of education, which is particularly relevant for those considering moving to the area, investing in property, or planning new developments that depend on robust educational infrastructure. For appraisers and insurance agents, these trends might signify evolving community needs and property valuations.
