Hendry County Real Estate and Livability Trends
In Hendry County, Florida, median home values have surged by 111.60% from $72,400 in 2015 to $153,200 in 2022, outpacing state and national averages. Average taxable income per tax return climbed to $48,469.20 by 2021, reflecting an improving economic landscape amid notable fluctuations in state and local income taxes. Property crime rates have seen intriguing shifts, with burglary incidents and... Read more
Hendry County Market Trends
Hendry County, Florida, has seen its median home values soar by 111.60% from $72,400 in 2015 to $153,200 in 2022, outpacing both state and national growth rates. The county's average residential energy tax credits surged from $488.24 in 2013 to $2,320.51 in 2021, indicating a strong local commitment to energy-efficient improvements. Real estate taxes have fluctuated but generally increased,... Read more
Median Value of Occupied Housing Units in Hendry County, Florida Over the Last 8 Years
Hendry County, Florida, has experienced a substantial increase in median home values over the past eight years, surging from $72,400 in 2015 to $153,200 in 2022. This 111.60% rise is significantly more pronounced compared to Florida's state-wide growth of about 83.75% and the national increase of roughly 42.96% in the same period. For investors and homebuyers, this dramatic appreciation might suggest a promising potential for strong returns or rising demand in the area.
Residential Energy Tax Credit Per Tax Return in Hendry County, FL Over the Last 9 Years
In Hendry County, Florida, the average residential energy tax credit per tax return has seen a significant upward trend over the last nine years. Starting at $488.24 in 2013, it surged to $2,320.51 by 2021. This notable increase reflects a growing investment in energy-efficient improvements, likely influenced by rising energy costs and increased public awareness about sustainability. For investors and property developers, this trend indicates a strong and increasing local embrace of green energy solutions, potentially translating into higher property values and a more environmentally conscious community.
Average Real Estate Taxes Per Tax Return in Hendry County, FL Over the Last 10 Years
Hendry County, Florida has seen some significant fluctuations in average real estate taxes per tax return over the last decade. From a low of around $2,785.14 in 2012, taxes have experienced notable peaks, especially in 2018 when they soared to approximately $5,178.57. While the average has stabilized somewhat, recent years still reflect higher values compared to the early 2010s, hovering around $4,564.10 to $4,864.10 between 2019 and 2021. This trend could hint at increasing property valuations or shifts in local tax policies, offering potential investors or homeowners critical insight into the evolving financial landscape in this region.
Percentage of Farm Returns in Hendry County, FL Over the Last 10 Years
Farm tax returns in Hendry County, Florida have seen some notable shifts over the last decade. Starting from a high of roughly 1.44% in 2012, the percentage dipped to about 1.25% in 2014, briefly climbed to around 1.45% in 2017, and has generally been declining since, reaching approximately 0.85% in 2021. These farm tax returns reflect the proportion of agricultural activity in the area's overall economy, indicating potential challenges or transitions within the local agricultural sector. Investors and potential residents should consider these trends as they might indicate volatility or a shift away from farming-based economic stability, which could influence property investments and community dynamics in the region.
Number of Mortgages by Occupancy Type in Hendry County, FL Over the Last 5 Years in Hendry County
The mortgage trends in Hendry County, Florida over the last five years indicate notable variations across different occupancy types. Principal residences consistently dominate, though their numbers fluctuate, peaking in 2021 with 2,203 mortgages and dipping slightly to 1,874 in 2022. Investment properties saw a sharp increase from 38 in 2020 to 177 in 2022, possibly hinting at growing investor interest in the area. Second residences remain a small segment, though their mortgages also saw some growth in recent years. These shifts could influence property values, market competition, and insurance pricing, making it crucial for potential investors, movers, appraisers, and real estate agents to monitor these dynamics for informed decision-making.
Economic Outlook
In Hendry County, Florida, average taxable income per tax return has shown a consistent upward trend since 2017, reaching $48,469.20 by 2021, indicating an improving economic landscape. State and local income taxes have experienced notable fluctuations, peaking at $17,500.00 in 2019 before stabilizing around $10,800.00 in the past three years. This tax volatility, along with the variability in total tax liability, suggests that potential investors and homeowners should be wary of varying tax... Read more
Average Taxable Income per Tax Return in Hendry County, FL over the last 9 years
Over the past nine years in Hendry County, FL, the average taxable income per tax return has seen a notable upward trend. Starting at $40,475.41 in 2013, average incomes fluctuated minimally before a consistent rise beginning in 2017, peaking at $48,469.20 by 2021. This growth indicates a steadily improving economic landscape, suggesting potential for long-term investment and economic stability in the area, making it attractive for investors and potential residents alike.
Average State and Local Income Taxes Per Tax Return in Hendry County, FL Over the Last 10 Years
Over the past decade, Hendry County, Florida has seen significant fluctuations in average state and local income taxes per tax return. Taxes ranged from a low of $3,966.67 in 2014 to a peak of $17,500.00 in 2019. The past three years have stabilized with averages around $10,800.00. This volatility suggests that investors and potential homeowners should be prepared for varying tax liabilities. Understanding these trends can help when planning long-term financial commitments in Hendry County.
Average Total Tax Liability Per Tax Return in Hendry County, FL Over the Last 10 Years
Hendry County, Florida has seen fluctuations in average total tax liability per tax return over the past decade, with notable highs in 2013 ($7,629.64) and 2018 ($7,560.91). Despite some year-to-year variability, the range has largely stayed between approximately $6,352.44 in 2014 and $7,629.64 in 2013. These tax figures can reflect broader economic conditions and may influence decisions for potential investors and residents considering the financial landscape of the county.
Cost of Living in Hendry County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,174 | $1,307 | $2,265 | $789 | $776 |
| 1 adult 4 children | $1,174 | $1,067 | $1,736 | $789 | $799 |
| 2 adults 3 children | $1,174 | $1,068 | $1,964 | $789 | $588 |
| 1 adult 3 children | $1,174 | $872 | $1,434 | $789 | $579 |
| 2 adults 2 children | $826 | $874 | $1,662 | $685 | $510 |
| 1 adult 2 children | $826 | $653 | $1,133 | $685 | $420 |
| 2 adults 1 child | $826 | $691 | $1,360 | $345 | $530 |
| 1 adult 1 child | $826 | $446 | $831 | $345 | $421 |
| 2 adults | $731 | $555 | $1,059 | $0 | $525 |
| 1 adult | $715 | $303 | $529 | $0 | $463 |
Safety trends & Data
Hendry County, Florida has seen some notable shifts in property crime over recent years. Burglary incidents spiked from 31 in 2019 to 45 in 2020, and motor vehicle thefts doubled from 8 to 16 in the same period. Interestingly, vandalism cases plummeted from 35 in 2019 to just one case by 2022. These trends may be significant for investors, developers, and insurance agents when evaluating risk and security in the... Read more
Property Crime Trends in Hendry County, FL Over the Last 3 Years
Hendry County, Florida has experienced some fluctuations in property crime over the last three years. Burglary incidents increased from 31 in 2019 to 45 in 2020, while larceny-theft saw a drop from 113 to 96 in the same period. Motor vehicle thefts doubled from 8 in 2019 to 16 in 2020. There's a striking reduction in vandalism cases, from 35 in 2019 to just a single incident in 2022. These trends could hold relevance for potential investors, property developers, and insurance agents assessing risk and security measures in the area.
Demographics
Hendry County, Florida shows a slightly higher number of adult males compared to females. Educational attainment leans heavily towards high school graduates, although a noticeable segment of the population has not completed high school. The age distribution points to a younger population with a substantial number under the age of 34. Racially, the majority identify as White, though there is some diversity with Black or African American and "Other race" categories making up significant... Read more
Race Distribution in Hendry County, Florida (2022)
Educational Attainment in Hendry County, Florida (2022)
Age Distribution in Hendry County, Florida
Citizen Population in Hendry County, Florida (2022)
Political Trends & Data
In Hendry County, Florida, the real estate market could potentially be shaped by the significant Republican majority, which tends to influence local policies and voter outreach strategies. With over 61% of voters leaning Republican, the area's political climate might affect property development incentives, investment opportunities, and community planning. Democratic support at around 38%, along with minimal impact from smaller parties, suggests a balanced yet predominantly conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Hendry County, Florida, a significant majority of voters leaned towards the Republican candidate with over 61% of the vote. The Democratic candidate received close to 38%, indicating a notable, albeit smaller, base of support. Libertarian, Green, and other parties combined garnered around 1% of the total votes, suggesting these groups have minimal impact on the county's overall political leaning. This distribution highlights a strong Republican preference in the region, which might influence local policies and voter outreach strategies.
61.10% of voters voted for the Republican party in the 2020 Presidential Election
38.09% 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
0.21% of voters voted for the Other party in the 2020 Presidential Election
School Data
Hendry County, Florida's student-to-teacher ratio has seen some ups and downs over the past decade, peaking at 22:1 in 2022 and dipping to 15:1 in 2015. Currently at around 21:1, this ratio is considerably higher than the national average of 14:1. This could mean challenges in delivering individualized student attention, potentially impacting educational outcomes. For investors, real estate agents, and families, this dynamic might influence property values and the local investment appeal, as... Read more
Student-to-teacher ratio in Hendry County, Florida over the last 10 years
Hendry County, Florida has seen fluctuations in its student-to-teacher ratio over the past decade, with ratios peaking at 22 students per teacher in 2022 and reaching a low of 15 in 2015. Currently, the ratio stands at around 21, which is significantly higher than the national average of 14 students per teacher. This disparity could indicate potential challenges in providing individualized attention to students and might affect educational outcomes. Investors, real estate agents, and families considering a move may want to weigh these educational dynamics when evaluating the quality of life and community resources in Hendry County. Higher student-to-teacher ratios could also have implications for property values and local investment prospects, as well as impacting the demand for additional educational resources or facilities.
