Flagler County Real Estate and Livability Trends
Flagler County, Florida is experiencing a strong surge in affluence and market potential, evidenced by rising average taxable incomes hitting $85,141.44 in 2021 and a significant increase in median home values from $164,100 in 2015 to $293,700 in 2022. This economic growth corresponds with increased local investment opportunities, despite fluctuations in state and local income taxes. The... Read more
Flagler County Market Trends
Flagler County, Florida has experienced a significant boom in median home values, climbing from $164,100 in 2015 to $293,700 in 2022, outpacing both state and national trends. This suggests compelling investment opportunities, especially for those eyeing rapidly appreciating markets. Notably, the area has shown fluctuating yet substantial residential energy tax credits, peaking at $2,404.17 in... Read more
Median Value of Occupied Housing Units in Flagler County, Florida Over the Last 8 Years
Flagler County, Florida has seen a significant appreciation in median home values over the past eight years, outpacing both state and national trends. From $164,100 in 2015 to $293,700 in 2022, Flagler County's median home values have nearly doubled, reflecting a stronger growth rate compared to Florida's increase from $159,000 to $292,200 and the national rise from $125,500 to $179,400 during the same period. This suggests that Flagler County may offer compelling investment opportunities and could appeal to those looking to capitalize on rapidly rising property values.
Residential Energy Tax Credit Per Tax Return in Flagler County, FL Over the Last 9 Years
Flagler County, Florida has seen significant fluctuations in residential energy tax credits per tax return over the last nine years, peaking at $2,404.17 in 2018. Following a dip in 2019, the average credit increased again to $2,116.07 in 2021. These variations suggest a growing investment in energy-efficient home improvements, making it an attractive area for eco-conscious homeowners and property investors.
Average Real Estate Taxes Per Tax Return in Flagler County, FL Over the Last 10 Years
Over the past decade, Flagler County in Florida has seen a steady incline in average real estate taxes per tax return, with notable jumps around 2018 and 2020, reaching as high as $7,451.17 in 2020. While this might suggest increasing property values, it could also hint at rising fiscal demands on homeowners and investors. This upward trend in real estate taxes is essential for potential investors and current residents to consider, as it impacts the overall cost of property ownership in the county.
Percentage of Farm Returns in Flagler County, FL Over the Last 10 Years
In Flagler County, Florida, the percentage of farm tax returns has seen minor fluctuations over the last decade, starting from roughly 0.30% in 2012 and slightly dipping to around 0.21% in 2021. Farm tax returns, often indicative of the farming business's health in an area, suggest that while farming exists, it may not be a dominant economic driver for Flagler County. This could imply a diversified local economy where investments and development opportunities are not solely tied to agriculture, presenting a potentially stable environment for various types of businesses and residential projects.
Number of Mortgages by Occupancy Type in Flagler County, FL Over the Last 5 Years in Flagler County
In Flagler County, Florida, the number of mortgages for principal residences has consistently been higher compared to investment and second residences over the past five years. A notable increase in principal residences mortgages peaked in 2021, possibly indicating a surge in owner-occupied home purchases. Investment property mortgages also saw an uptick, reaching a high in 2021 but then declining in 2022, which might reflect changing investor confidence or market conditions. Second residences had a slight increase in 2020 but didn't experience significant fluctuation overall. These shifts in occupancy types could influence local housing market dynamics, impacting property values and lending risks that would interest real estate investors, appraisers, and insurance agents.
Economic Outlook
Flagler County, Florida has seen average taxable income per tax return rise from $53,227.66 in 2013 to $85,141.44 in 2021, correlating with a visible upturn in affluence and investment potential. A notable jump in average state and local income taxes from $11,542.34 in 2012 to a peak of $21,752.63 in 2018 implies robust economic growth and infrastructure investments, although fluctuations suggest changing fiscal dynamics. The average total tax liability per return increased from $9,889.38 in... Read more
Average Taxable Income per Tax Return in Flagler County, FL over the last 9 years
The average taxable income per tax return in Flagler County, FL has seen a significant climb over the past nine years, jumping from $53,227.66 in 2013 to $85,141.44 in 2021. This steady increase reflects a growing affluence in the area, making it an attractive hotspot for potential investors, property developers, and new residents. The sharp rise between 2017 and 2021, in particular, signals a notable economic improvement and potential for continued growth, which bodes well for future financial stability and investment opportunities in the county.
Average State and Local Income Taxes Per Tax Return in Flagler County, FL Over the Last 10 Years
Average state and local income taxes per tax return in Flagler County, Florida have shown a marked increase over the past decade. Starting at $11,542.34 in 2012, taxes peaked significantly in 2018 at $21,752.63. This sharp rise suggests a growing economic base and substantial investments in local infrastructure. The fluctuations—such as the dip to $10,028.48 in 2016 and subsequent rebound—could indicate shifting fiscal policies or economic events impacting resident income. Those considering moving or investing in Flagler County should note this trend as indicative of a responsive and evolving tax landscape.
Average Total Tax Liability Per Tax Return in Flagler County, FL Over the Last 10 Years
Flagler County, Florida has seen a notable increase in the average total tax liability per tax return over the past decade, rising from $9,889.38 in 2012 to $15,279.63 in 2021. Key spikes occurred in 2017 and 2020, highlighting potential economic shifts or tax law changes impacting residents. This upward trend could signify a growing economy or higher incomes, making the area attractive for investors and potential homeowners seeking growth opportunities.
Cost of Living in Flagler County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,853 | $1,657 | $1,938 | $1,570 | $1,329 |
| 1 adult 4 children | $1,853 | $1,353 | $1,482 | $1,570 | $1,470 |
| 2 adults 3 children | $1,853 | $1,354 | $1,681 | $1,570 | $1,090 |
| 1 adult 3 children | $1,853 | $1,105 | $1,225 | $1,570 | $1,236 |
| 2 adults 2 children | $1,401 | $1,108 | $1,425 | $1,379 | $864 |
| 1 adult 2 children | $1,401 | $828 | $969 | $1,379 | $862 |
| 2 adults 1 child | $1,401 | $876 | $1,168 | $758 | $784 |
| 1 adult 1 child | $1,401 | $566 | $712 | $758 | $685 |
| 2 adults | $1,113 | $703 | $912 | $0 | $633 |
| 1 adult | $937 | $384 | $456 | $0 | $512 |
Safety trends & Data
Flagler County, Florida has experienced varied trends in property crimes, with a minor increase in burglaries, a substantial drop in larceny-theft from 156 to 100 cases, and relatively stable motor vehicle theft numbers. Only a few arson incidents were noted, alongside slight rises in embezzlement and vandalism. These shifts could potentially impact property values and insurance rates, making them important for homebuyers, real estate agents, and investors to... Read more
Property Crime Trends in Flagler County, FL Over the Last 2 Years
Flagler County, Florida has seen some fluctuation in property crimes over the last couple of years. While incidents of burglary slightly increased from 41 to 43 from 2019 to 2020, larceny-theft saw a dramatic decrease from 156 to 100. Motor vehicle theft remained relatively stable, with a minor dip to 19 cases in 2020. Notably, there were only a couple of instances of arson reported in 2020, and embezzlement cases saw a marginal rise. Vandalism and cases of stolen property also saw modest increases. Potential homebuyers, real estate agents, and investors might keep an eye on these trends as they could influence property values and insurance rates in the county.
Demographics
Flagler County, Florida sees a higher number of women than men, indicating potential sociocultural dynamics in the region. A significant portion of the adult population has achieved at least a high school diploma, with some residents holding advanced degrees, suggesting a relatively educated workforce. The demographic spread shows a considerable number of older adults between 55 and 74 years, which could impact local healthcare and retirement services. Racial diversity is present, but White... Read more
Race Distribution in Flagler County, Florida (2022)
Educational Attainment in Flagler County, Florida (2022)
Age Distribution in Flagler County, Florida
Citizen Population in Flagler County, Florida (2022)
Political Trends & Data
Flagler County, Florida's 2020 U.S. Presidential Election saw approximately 60% of votes favoring the Republican candidate and around 39% for the Democrat, indicating a predominantly conservative electorate. Minor parties like the Libertarian and Green garnered negligible support, each securing under 1%. This political tilt may influence local housing market dynamics, possibly reflecting a preference for conservative community values and stability over radical... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Flagler County, Florida, around 60% of the votes leaned towards the Republican candidate in the 2020 U.S. Presidential Election, while about 39% favored the Democrat. The Libertarian and Green parties seemed to garner minimal support, securing just over 0.5% and roughly 0.1% respectively. Other parties barely made a dent, with a close to negligible share. This distribution might suggest a predominantly conservative voter base with limited enthusiasm for smaller parties.
60.02% of voters voted for the Republican party in the 2020 Presidential Election
39.27% of voters voted for the Democrat party in the 2020 Presidential Election
0.50% of voters voted for the Livertarian party in the 2020 Presidential Election
0.10% 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
Flagler County, Florida saw drastic changes in its student-to-teacher ratio, reaching an astonishing 127 students per teacher in 2021 before correcting to 19 in 2023. This is still above the national average of 14 students per teacher and might hint at stress on local educational infrastructure. These figures are essential for investors and developers, as they could influence property values and desirability. Real estate agents, appraisers, and insurance agents should note this trend to gauge... Read more
Student-to-teacher ratio in Flagler County, Florida over the last 10 years
Flagler County, Florida saw fluctuations in its student-to-teacher ratio over the past decade, with a significant spike in 2021 to an anomalous 127 students per teacher, followed by a sharp correction to 22 in 2022 and 19 in 2023. This is notably higher than the national average of 14 students per teacher, suggesting potential challenges in educational quality and individual student attention. For investors and developers, such trends may indicate a growing population strain on educational infrastructure, potentially affecting property values and desirability. Real estate agents and anyone involved in school-related investments should consider these figures, as they reflect the area's capacity to provide quality education, which is a critical factor for families deciding to move into the county. Appraisers and insurance agents might also find this information valuable for assessing risk and determining the attractiveness of the locale.
