Calhoun County Real Estate and Livability Trends
Calhoun County, Florida, showcases several real estate trends that signal potential opportunities and challenges for investors and developers. The notable increase in average taxable income to $54,162.02 by 2021 indicates healthier local economic conditions, though rising average state and local income taxes highlight growing financial burdens for residents. Median home values reached $118,100 in... Read more
Calhoun County Market Trends
Calhoun County, Florida has seen a noticeable rise in median home values, peaking at $118,100 in 2022, offering a more affordable market compared to the state and national averages. A significant surge in residential energy tax credits, jumping to $2,977.78 by 2021, suggests growing investment in energy-efficient home improvements, making it appealing for those eyeing sustainability. Real estate... Read more
Median Value of Occupied Housing Units in Calhoun County, Florida Over the Last 8 Years
Calhoun County, Florida has experienced a noticeable upward trend in median home values over the last eight years, growing from $75,500 in 2015 to $118,100 in 2022. Though this growth indicates strong local demand, it still trails behind the statewide and national averages, with Florida's median home value reaching $292,200 and the national figure hitting $179,400 by 2022. This could suggest more affordable investment opportunities in Calhoun County compared to other regions, potentially attracting those looking to capitalize on the area's relative affordability while the market grows.
Residential Energy Tax Credit Per Tax Return in Calhoun County, FL Over the Last 7 Years
Calhoun County, Florida, has seen a significant rise in the average residential energy tax credit per tax return over the last seven years. In 2013, the average stood modestly at $250.00, experiencing fluctuations in the following years before reaching an impressive $2,977.78 by 2021. This steep increase, especially between 2019 and 2021, suggests a growing investment in energy-efficient home improvements, making it an attractive prospect for prospective homeowners and investors eyeing sustainable living solutions.
Average Real Estate Taxes Per Tax Return in Calhoun County, FL Over the Last 10 Years
Calhoun County, Florida has seen a notable increase in average real estate taxes per tax return over the past decade. Starting from $2,030.61 in 2012, there has been a fluctuation that led to a significant rise, peaking at $3,288.89 by 2021. This upward trend could suggest rising property values or changes in tax assessment practices. For investors, this pattern might indicate a growing real estate market, while current residents and potential buyers should be aware of escalating taxation, potentially impacting the overall cost of ownership.
Percentage of Farm Returns in Calhoun County, FL Over the Last 10 Years
Calhoun County, Florida has seen a small, yet notable fluctuation in the percentage of farm tax returns over the last decade, reflecting a largely steady agricultural presence. The percentages have varied slightly, from a high of 3.69% in 2016 to a low of 2.84% in 2020. Despite these changes, the data suggests that farming remains a consistent part of the local economy. For investors or potential new residents, this implies a stable agricultural sector, which can be a positive indicator for rural development and associated business opportunities. Farm tax returns are essentially yearly financial reports submitted by farmers to the IRS, reflecting income, expenses, and profitability, thus providing insight into the economic health of the farming sector.
Number of Mortgages by Occupancy Type in Calhoun County, FL Over the Last 5 Years in Calhoun County
Over the last five years, Calhoun County, Florida has seen a notable predominance of mortgages for principal residences, peaking at 435 in 2021 and slightly fluctuating thereafter. Investment properties and second residences have seen far fewer mortgage counts, averaging in the single digits annually. This significant skew towards principal residences could suggest a stable, owner-occupied community, potentially making it attractive for families and individuals seeking long-term settlement. Conversely, the low numbers for investment properties might indicate limited opportunities for rental income or flipping houses, which could be a point of concern for investors. Appraisers and insurance agents might need to consider this occupancy trend as it impacts property valuation, risk assessment, and premium calculations.
Economic Outlook
Calhoun County, Florida has experienced a significant increase in average taxable income, with a leap to $54,162.02 in 2021 from $38,435.27 in 2013, indicating stronger local economic conditions favorable for investors and developers. Concurrently, average state and local income taxes have risen, peaking at $3,840.00 in 2016, which signals a growing financial burden for residents. Additionally, the average total tax liability has grown from $4,709.61 in 2012 to $7,298.45 in 2021, pointing to... Read more
Average Taxable Income per Tax Return in Calhoun County, FL over the last 9 years
Calhoun County, FL has seen a steady rise in average taxable income per tax return over the last nine years, with a notable jump to $54,162.02 in 2021 from just $38,435.27 in 2013. This upward trend, peaking sharply in the most recent year, indicates a solid growth in local economic conditions, making it an attractive spot for investors, new residents, and property developers seeking stable and improving income levels.
Average State and Local Income Taxes Per Tax Return in Calhoun County, FL Over the Last 6 Years
Calhoun County, Florida has seen a notable increase in average state and local income taxes per tax return over the last six years, peaking at $3,840.00 in 2016. This surge from the $2,050.00 reported in 2012 highlights a growing financial burden on residents. While there was a dip in 2017 to $2,880.00, the overall upward trend may be a significant consideration for potential investors and those planning to move or build property in the area. Understanding these tax trends is vital for financial planning and assessing the economic climate of Calhoun County.
Average Total Tax Liability Per Tax Return in Calhoun County, FL Over the Last 10 Years
Over the past decade, Calhoun County, Florida has seen a notable increase in average total tax liability per tax return, rising from $4,709.61 in 2012 to $7,298.45 in 2021. This upward trend suggests growing economic activity or changes in income levels, which can be significant for investors and prospective property developers analyzing the area's financial health and potential for growth. For residents, the increase might reflect changes in local policies or economic conditions affecting disposable incomes.
Cost of Living in Calhoun County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,157 | $1,379 | $1,973 | $1,520 | $959 |
| 1 adult 4 children | $1,157 | $1,126 | $1,510 | $1,520 | $1,052 |
| 2 adults 3 children | $1,157 | $1,127 | $1,711 | $1,520 | $759 |
| 1 adult 3 children | $1,157 | $920 | $1,248 | $1,520 | $834 |
| 2 adults 2 children | $826 | $922 | $1,449 | $1,326 | $641 |
| 1 adult 2 children | $826 | $689 | $986 | $1,326 | $598 |
| 2 adults 1 child | $826 | $729 | $1,187 | $696 | $601 |
| 1 adult 1 child | $826 | $471 | $725 | $696 | $500 |
| 2 adults | $731 | $586 | $926 | $0 | $525 |
| 1 adult | $715 | $319 | $463 | $0 | $468 |
Safety trends & Data
Calhoun County, Florida has experienced a rise in property crimes from 2019 to 2020. Burglary cases climbed from 22 to 27, and larceny-theft incidents increased from 32 to 40. Motor vehicle theft almost doubled, rising from 9 to 16. Vandalism incidents more than doubled from 4 to 10, and fraud cases increased from 2 to 5. These trends might influence property values, insurance premiums, and the general sense of security, making them critical for potential investors, residents, and real estate... Read more
Property Crime Trends in Calhoun County, FL Over the Last 2 Years
Calhoun County, Florida has seen a general uptick in property crimes from 2019 to 2020. Notably, burglary incidents increased from 22 to 27, and larceny-theft went up from 32 to 40. Motor vehicle theft nearly doubled from 9 to 16, suggesting a rising concern for vehicle owners. Vandalism and fraud also saw increases, with vandalism incidents more than doubling from 4 to 10 and fraud cases climbing from 2 to 5. Such trends could impact property values, insurance premiums, and the overall sense of security, making them essential considerations for potential investors, residents, real estate professionals, and local authorities.
Demographics
In Calhoun County, Florida, the male population slightly surpasses the female population, which could impact community dynamics and service needs. The educational attainment data suggests a significant portion of adults possess a high school diploma or less, perhaps highlighting a potential area for educational initiatives. Age distribution indicates a relatively even spread across most age groups, with a notable concentration in the 55 to 64 years range, which might suggest a growing senior... Read more
Race Distribution in Calhoun County, Florida (2022)
Educational Attainment in Calhoun County, Florida (2022)
Age Distribution in Calhoun County, Florida
Citizen Population in Calhoun County, Florida (2022)
Political Trends & Data
Calhoun County, Florida, likely displays a strong conservative alignment, with the Republican Party securing just over 80% of the vote in the 2020 U.S. Presidential Election. The Democratic Party, on the other hand, managed to get around 18.5%, indicating potential political homogeneity. This skew could impact local policy-making and community needs, shaping everything from public services to real estate development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Calhoun County in Florida exhibited a significant tilt toward the Republican Party, capturing just over 80% of the vote in the 2020 U.S. Presidential Election. The Democratic Party garnered around 18.5% of the vote, while third-party candidates collectively secured a minimal share. This could suggest a strong conservative leaning and potentially limited political diversity among the electorate.
80.82% of voters voted for the Republican party in the 2020 Presidential Election
18.53% of voters voted for the Democrat party in the 2020 Presidential Election
0.44% of voters voted for the Livertarian party in the 2020 Presidential Election
0.06% of voters voted for the Green party in the 2020 Presidential Election
0.15% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Calhoun County, Florida, the student-to-teacher ratio has fluctuated notably over the past decade, reaching as low as 10 in 2017 and peaking at 17 in 2021. While it has occasionally fallen below the national average of 14, recent years have consistently seen ratios above this benchmark. This trend could sway decisions for investors, residents, and real estate professionals, as a higher student-to-teacher ratio might influence perceptions of educational quality, subsequently affecting... Read more
Student-to-teacher ratio in Calhoun County, Florida over the last 10 years
In Calhoun County, Florida, the student-to-teacher ratio has shown notable fluctuations over the past decade, ranging from a low of 10 in 2017 to a peak of 17 in 2021. While occasionally dipping below the national average of 14 students per teacher, recent years have seen ratios consistently above this benchmark. This trend might be crucial for potential investors, residents, and real estate professionals, as a higher student-to-teacher ratio could influence perceptions of educational quality and community attractiveness. For appraisers and insurance agents, these ratios can potentially impact property valuations and insurability. Potential developers and builders might also take into account these educational metrics when planning new housing projects, knowing that families often prioritize areas with lower ratios and potentially higher-quality education.
