Gadsden County Real Estate and Livability Trends
Gadsden County, Florida has seen intriguing shifts in its real estate market. Initially lagging behind state and national home value trends, a sharp rise to $137,300 in 2022 suggests new opportunities. Residential energy tax credits increased from $493.48 in 2013 to $1,765.96 in 2021, hinting at strong investment in energy efficiency. Real estate taxes climbed from $2,032.25 in 2012 to $2,987.84... Read more
Gadsden County Market Trends
Over the last eight years, Gadsden County, Florida has seen intriguing shifts in its real estate market. While initially lagging behind state and national home value trends, a recent spike to $137,300 in 2022 suggests new opportunities. Residential energy tax credits per tax return soared from $493.48 in 2013 to $1,765.96 in 2021, indicating robust investment in energy efficiency. Real estate... Read more
Median Value of Occupied Housing Units in Gadsden County, Florida Over the Last 8 Years
Over the last eight years, Gadsden County, Florida has generally trailed both state and national trends in median home values. While Gadsden County saw a moderate rise from $108,400 in 2015 down to $96,800 in 2019, it nearly spiked to $137,300 in 2022. This sharp increase is significant considering Florida's statewide median jumped from $159,000 in 2015 to $292,200 in 2022. Nationally, median home values rose from $125,500 to $179,400 over the same period. For investors or those considering relocating to Gadsden County, the 2022 upswing could suggest emerging opportunities compared to broader trends.
Residential Energy Tax Credit Per Tax Return in Gadsden County, FL Over the Last 9 Years
Gadsden County, Florida has seen a notable shift in residential energy tax credits per tax return over the past nine years, with a significant increase from $493.48 in 2013 to $1,765.96 in 2021. This dramatic rise, especially from 2016 onwards, suggests a growing investment in energy-efficient home improvements and renewable energy solutions. For potential investors or residents, this trend indicates a robust and supportive environment for sustainable housing developments, potentially leading to lower energy costs and increased property values.
Average Real Estate Taxes Per Tax Return in Gadsden County, FL Over the Last 10 Years
Real estate taxes per tax return in Gadsden County, Florida have generally increased over the past decade, moving from approximately $2,032.25 in 2012 to about $2,987.84 in 2021. Notable spikes occurred in 2018 and 2019, suggesting potential shifts in property values or tax policy changes during those years. This steady rise in taxes could signal both an appreciating real estate market and increasing property valuations, possibly making it a more expensive area for prospective homeowners and investors.
Percentage of Farm Returns in Gadsden County, FL Over the Last 10 Years
Farm tax returns in Gadsden County, Florida have fluctuated over the past decade, peaking slightly in 2017 at approximately 1.79% before dipping to about 1.38% in 2020. These returns offer a glimpse into the county's agricultural health and economic stability, potentially affecting property values and investment opportunities. As farm returns are linked to the financial performance of local agriculture, understanding these trends can be crucial for prospective investors or residents interested in the agricultural sector. Patterns like these may influence decisions related to land use, business opportunities, and community growth.
Number of Mortgages by Occupancy Type in Gadsden County, FL Over the Last 5 Years in Gadsden County
Gadsden County, Florida has seen notable fluctuations in the number of mortgages by occupancy type over the past five years, with principal residences consistently dominating the mortgage market. The sharp increase in mortgages for principal residences from 2018 to 2021 might suggest a growing appeal for long-term settlement in the region. Investment property mortgages have remained relatively stable, but modest, pointing to cautious interest from investors. Changes in second residence mortgages are minimal, signaling limited influx from those seeking vacation homes. For investors, appraisers, and real estate agents, understanding these patterns could be critical for making informed decisions about where and when to allocate resources, develop new properties, and estimate values. Insurance agents might find these trends useful to gauge potential risk and demand for different property types.
Economic Outlook
Gadsden County, Florida, has experienced a steady rise in average taxable income per tax return, climbing from $36,523.23 in 2013 to $49,521.35 in 2021. This signals significant economic growth and stronger earning power for locals, potentially making the area attractive for investors and new residents. Notably, state and local income taxes have fluctuated, peaking at $4,128.57 in 2014 and dropping to $2,928.57 in 2019, mirroring legislative and economic changes. The average total tax liability... Read more
Average Taxable Income per Tax Return in Gadsden County, FL over the last 9 years
Over the last nine years, Gadsden County, FL has seen a steady increase in average taxable income per tax return, growing from $36,523.23 in 2013 to $49,521.35 in 2021. This upward trend highlights significant economic growth and improved earning power for residents, suggesting a thriving local economy. For potential investors and new residents, this increase reflects the area’s economic resilience and potential for continued prosperity, making Gadsden County an attractive location for investment and relocation.
Average State and Local Income Taxes Per Tax Return in Gadsden County, FL Over the Last 10 Years
Gadsden County, Florida, has seen fluctuations in average state and local income taxes per tax return over the past decade. Interestingly, values peaked at $4,128.57 in 2014 and hit a low of $2,928.57 in 2019, reflecting variability likely influenced by economic and legislative changes. For those eyeing investments or residency in the area, understanding these trends can provide valuable context for financial planning and the broader economic health of the region.
Average Total Tax Liability Per Tax Return in Gadsden County, FL Over the Last 10 Years
Over the last decade, the average total tax liability per tax return in Gadsden County, Florida has seen a notable increase, rising from $4,825.51 in 2012 to $6,626.19 in 2021. This upward trend with some fluctuations, such as the dip in 2015, suggests a growing tax burden possibly linked to rising incomes or changes in tax policy. For investors and those looking to move or build property, understanding these tax dynamics is crucial as they impact disposable income and overall economic stability in the county.
Cost of Living in Gadsden County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,015 | $1,327 | $2,022 | $972 | $769 |
| 1 adult 4 children | $1,015 | $1,084 | $1,547 | $972 | $828 |
| 2 adults 3 children | $1,015 | $1,084 | $1,754 | $972 | $600 |
| 1 adult 3 children | $1,015 | $885 | $1,279 | $972 | $612 |
| 2 adults 2 children | $785 | $887 | $1,486 | $859 | $556 |
| 1 adult 2 children | $785 | $663 | $1,011 | $859 | $483 |
| 2 adults 1 child | $785 | $701 | $1,218 | $495 | $570 |
| 1 adult 1 child | $785 | $453 | $743 | $495 | $447 |
| 2 adults | $679 | $563 | $950 | $0 | $513 |
| 1 adult | $602 | $307 | $475 | $0 | $425 |
Safety trends & Data
Property crime rates in Gadsden County, Florida have fluctuated notably in recent years. Burglary incidents plummeted from 25.0 in 2019 to 16.0 in 2020, and larceny-theft dropped dramatically from 45.0 to 16.0. Fraud and vandalism also saw significant declines, reducing from 18.0 to 4.0 and 12.0 to 4.0, respectively. Even motor vehicle theft fell from 9.0 to 3.0, although arrests for stolen property possession nudged up from 1.0 to 3.0. These changes could suggest enhanced security measures or... Read more
Property Crime Trends in Gadsden County, FL Over the Last 2 Years
Property crime rates in Gadsden County, Florida have shown notable changes over the last two years. In 2020, there was a marked decrease in overall property crimes, particularly with burglary dropping from 25.0 incidents in 2019 to 16.0 in 2020, and larceny-theft from 45.0 to 16.0. Fraud incidents also saw a significant reduction from 18.0 to 4.0, and vandalism cases decreased from 12.0 to 4.0. While motor vehicle theft also declined from 9.0 to 3.0, the arrest numbers for stolen property possession slightly increased from 1.0 to 3.0. These trends might indicate improved security measures or changing economic conditions impacting crime rates, relevant for potential investors, appraisers, real estate agents, and residents evaluating the safety and market stability in the county.
Demographics
Gadsden County, Florida shows a slight male-to-female imbalance with females edging out males marginally. The population skews older, with significant portions in the 35-64 age range and a notable presence in those aged 65 and over. Individuals with education levels of high school graduates or higher dominate the demographics. The racial distribution is heavily tilted towards Black or African American residents, with smaller white and virtually non-existent Asian populations. Such trends might... Read more
Race Distribution in Gadsden County, Florida (2022)
Educational Attainment in Gadsden County, Florida (2022)
Age Distribution in Gadsden County, Florida
Citizen Population in Gadsden County, Florida (2022)
Political Trends & Data
Gadsden County, Florida, saw Democrats securing nearly 68% of the vote in the 2020 Presidential Election, with Republicans trailing at just over 31%. Third parties barely made a dent, collectively receiving slightly over 0.5%. These voting trends hint at Gadsden being a key focus for Democratic efforts within the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Gadsden County, located in Florida, showed a notably strong preference for Democratic candidates in the 2020 U.S. Presidential Election, with nearly 68% of the votes, while Republicans garnered just over 31%. Third parties, including Libertarians and Greens, struggled to make a significant impact, collectively drawing slightly beyond 0.5% of the vote. This voting pattern may suggest Gadsden as a pivotal area for Democratic strategists focusing on Florida.
31.42% of voters voted for the Republican party in the 2020 Presidential Election
67.98% of voters voted for the Democrat party in the 2020 Presidential Election
0.40% of voters voted for the Livertarian party in the 2020 Presidential Election
0.09% of voters voted for the Green party in the 2020 Presidential Election
0.11% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Gadsden County, Florida, the student-to-teacher ratio has fluctuated between 11 and almost 15 students per teacher over the past decade. This volatility can signal shifts in educational funding, population changes, or staffing challenges. Given that the national average is 14 students per teacher, these local trends provide valuable insights for potential investors, real estate agents, and families considering a move. Lower ratios may suggest more personalized student attention, possibly... Read more
Student-to-teacher ratio in Gadsden County, Florida over the last 10 years
Over the past decade, Gadsden County, Florida has experienced fluctuations in its student-to-teacher ratio, with values spanning from 11 to nearly 15 students per teacher. This variability could indicate changes in educational funding, population shifts, or staffing challenges. For comparison, the national average stands at 14 students per teacher. These changes in student-to-teacher ratio are critical for potential investors, real estate agents, and families considering a move to the area, as they directly impact educational quality and community desirability. Lower ratios often suggest more personalized attention and support for students, potentially enhancing property values and community growth. Conversely, higher ratios might indicate overcrowded classrooms and strained educational resources, which could influence decisions around school funding, new construction projects, and local educational policies.
