Jackson County Real Estate and Livability Trends
Jackson County, FL has seen average taxable incomes peaking at $51,792.57 in 2021, indicating economic improvement. Median home values jumped from $92,100 in 2015 to $113,300 in 2022, suggesting affordability despite trailing broader markets. Surging residential energy tax credits point to a rise in energy-efficient home investments. The area's student-to-teacher ratio fluctuations ending near... Read more
Jackson County Market Trends
Median home values in Jackson County, Florida have risen significantly from $92,100 in 2015 to $113,300 in 2022, trailing both state and national averages but suggesting potential affordability. Residential energy tax credits per tax return have surged from $324.39 in 2013 to $2,775.68 in 2021, indicating a growing investment in energy-efficient home improvements. Real estate taxes per tax return... Read more
Median Value of Occupied Housing Units in Jackson County, Florida Over the Last 8 Years
Median home values in Jackson County, Florida have shown a consistent upward trend over the past eight years, rising from $92,100 in 2015 to $113,300 in 2022. While this growth seems significant, it's worth noting that Jackson County's median values trail behind both the state and national averages. For comparison, Florida's median home value surged from $159,000 in 2015 to $292,200 in 2022, while the national median saw a rise from $125,500 to $179,400 in the same period. This could signal potential affordability for those looking to invest in or move to Jackson County, especially considering the rapid appreciation in housing costs across Florida and the U.S.
Residential Energy Tax Credit Per Tax Return in Jackson County, FL Over the Last 9 Years
Jackson County, Florida has seen a notable increase in average residential energy tax credits per tax return over the past nine years, climbing from $324.39 in 2013 to a significant $2,775.68 in 2021. This upward trend, particularly marked by a surge in 2018, suggests a growing investment in energy-efficient home improvements, making it an attractive area for environmentally conscious investors and homeowners. The notable rise in these credits underscores potential savings and increased home value, pivotal information for prospective property buyers and developers focused on sustainability.
Average Real Estate Taxes Per Tax Return in Jackson County, FL Over the Last 10 Years
Over the past decade, Jackson County, Florida has seen a noticeable increase in real estate taxes per tax return. From $1,818.52 in 2012 to a high of $3,295.45 in 2020, the county experienced a significant escalation with taxes peaking before slightly dipping to $3,006.82 in 2021. Such upward movement suggests a trend of rising property values or adjustments in tax rates, which might attract savvy investors but could mean higher costs for residents.
Percentage of Farm Returns in Jackson County, FL Over the Last 10 Years
Over the last decade, Jackson County, Florida has generally seen a fluctuating percentage in farm tax returns, indicating varying levels of agricultural activity. Starting at approximately 4.65% in 2012, the percentage saw a slight downward trend to about 4.36% by 2015, then hovered around 4.38% to 4.58% through 2018. Notably, there was a dip in 2019 to 4.02% and a significant drop to 3.48% in 2020 before recovering slightly to 3.96% in 2021. This fluctuating pattern in farm tax returns may reflect broader economic conditions or shifts within the agricultural sector itself, which could be an important consideration for investors, potential residents, and developers assessing the local economy's stability and growth potential. Farm tax returns indicate the proportion of tax documents filed by farms, which can give insight into the health and sustainability of agriculture in the area.
Number of Mortgages by Occupancy Type in Jackson County, FL Over the Last 5 Years in Jackson County
Jackson County, Florida has seen fluctuating trends in mortgage counts for different occupancy types over the last five years, with principal residences consistently dominating the market. Notable peaks in 2021 and 2022 suggest an increased demand for primary homes. Investment property mortgages have remained relatively stable but low in number. Shifts in occupancy types matter because they signal changes in the local economy and housing market dynamics. Potential investors, homebuyers, appraisers, and real estate agents need to consider these trends for informed decision-making, as they reflect economic growth, housing market stability, or even upcoming shifts in property values and insurance risks.
Economic Outlook
Jackson County, FL has experienced a notable rise in average taxable income per tax return, peaking at $51,792.57 in 2021, suggesting economic prosperity and higher earning opportunities. Similarly, state and local income taxes have increased from $3,536.00 in 2012 to $4,471.43 in 2021, pointing to rising incomes or property values. The average total tax liability per tax return also revealed fluctuations, peaking at $7,428.63 in 2017, and regaining a steady incline to $7,000.41 in 2021. These... Read more
Average Taxable Income per Tax Return in Jackson County, FL over the last 9 years
Jackson County, FL has seen a notable increase in average taxable income per tax return over the past nine years, peaking at $51,792.57 in 2021. The upward trend, especially the significant jump from previous years, indicates growing economic prosperity and potentially higher earning opportunities. This is particularly appealing for investors and those considering relocation, suggesting a robust financial environment. The relatively steady growth could also indicate a stable job market and continuous economic development, making it a fertile ground for new ventures and property investments.
Average State and Local Income Taxes Per Tax Return in Jackson County, FL Over the Last 10 Years
Over the last decade, Jackson County, Florida has seen its average state and local income taxes per tax return fluctuate, with notable growth from $3,536.00 in 2012 to $4,471.43 in 2021. Despite some mid-period dips, taxes peaked at $4,533.33 in 2019. For those looking to invest, these trends imply increasing fiscal obligations but may also reflect rising incomes or property values—a crucial consideration for financial planning and property investment in the area.
Average Total Tax Liability Per Tax Return in Jackson County, FL Over the Last 10 Years
The average total tax liability per tax return in Jackson County, Florida has seen notable fluctuations over the past decade, with substantial peaks in 2017 at $7,428.63 and a steady incline to $7,000.41 in 2021. Following a dip in 2019 to $6,037.73, there's a clear trend towards increased tax liabilities again, which could influence economic decisions for potential investors and residents. This pattern of rising tax burdens highlights the evolving financial landscape of the county, signaling a potential shift in public policy or economic growth that interested parties should watch closely.
Cost of Living in Jackson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,079 | $1,379 | $2,036 | $1,199 | $834 |
| 1 adult 4 children | $1,079 | $1,126 | $1,559 | $1,199 | $884 |
| 2 adults 3 children | $1,079 | $1,127 | $1,766 | $1,199 | $639 |
| 1 adult 3 children | $1,079 | $920 | $1,289 | $1,199 | $667 |
| 2 adults 2 children | $826 | $922 | $1,495 | $1,038 | $572 |
| 1 adult 2 children | $826 | $689 | $1,018 | $1,038 | $503 |
| 2 adults 1 child | $826 | $729 | $1,225 | $512 | $553 |
| 1 adult 1 child | $826 | $471 | $748 | $512 | $447 |
| 2 adults | $663 | $586 | $954 | $0 | $496 |
| 1 adult | $658 | $319 | $477 | $0 | $437 |
Safety trends & Data
Property crime trends in Jackson County, Florida, show a significant increase in certain categories over the last two years, particularly in larceny-theft cases, which doubled from 6 in 2019 to 12 in 2020, and motor vehicle thefts, which slightly rose from 8 to 9. Interestingly, burglary incidents dramatically decreased from 15 in 2019 to just 4 in 2020. Emerging crime categories like fraud and stolen property suggest evolving dynamics. This potential shift in crime patterns could impact... Read more
Property Crime Trends in Jackson County, FL Over the Last 2 Years
Property crime trends in Jackson County, Florida show a significant increase in certain categories over the last two years. Notably, larceny-theft cases doubled from 6 in 2019 to 12 in 2020, and motor vehicle thefts saw a mild uptick from 8 in 2019 to 9 in 2020. Meanwhile, burglary incidents dramatically decreased from 15 in 2019 to just 4 in 2020. Emerging categories like fraud, with 4 incidents, and stolen property cases suggest evolving crime dynamics in the county. This potential shift in crime patterns could affect property values, insurance rates, and investment decisions for those considering involvement in Jackson County real estate.
Demographics
Jackson County, Florida, has a slightly higher male population compared to female. The county shows a significant portion of its residents having a high school diploma, with fewer going beyond a bachelor's degree. The age distribution indicates a concentrated population in the 35 to 44 years range, while both the youngest (under 10 years) and oldest (75 years and over) groups represent smaller segments. The racial composition is predominantly White, with Black or African American as the largest... Read more
Race Distribution in Jackson County, Florida (2022)
Educational Attainment in Jackson County, Florida (2022)
Age Distribution in Jackson County, Florida
Citizen Population in Jackson County, Florida (2022)
Political Trends & Data
Jackson County, Florida, displayed pronounced conservative tendencies in the 2020 Presidential Election, with Republicans likely capturing around 69% of the vote. Democrats lagged behind, possibly securing only about 30%, and third-party candidates barely made a dent. Such a significant lean towards conservatism could impact real estate trends, as political affiliations often influence community development priorities and buyer... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jackson County, Florida, exhibited a strong tendency towards Republican candidates in the 2020 Presidential Election, with Republicans potentially securing nearly 69% of the vote. Democrats seemed to trail significantly, possibly garnering about 30% of the vote. Third-party candidates, including Libertarian and Green parties, only captured a small fraction of the electorate. This voting pattern might underscore a strong conservative leaning within the county.
69.08% of voters voted for the Republican party in the 2020 Presidential Election
30.18% of voters voted for the Democrat party in the 2020 Presidential Election
0.52% 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
0.16% of voters voted for the Other party in the 2020 Presidential Election
School Data
Jackson County, Florida has seen its student-to-teacher ratio fluctuate over the last decade, with peaks at 15 students per teacher in 2018 and 16 in 2019. Recently, the ratio has settled closer to the national average of 14. This trend might attract families prioritizing education, potentially influencing property values and making the area more appealing for real estate investments. Appraisers and insurance agents could also factor in these educational aspects when evaluating properties and... Read more
Student-to-teacher ratio in Jackson County, Florida over the last 10 years
Over the last decade, Jackson County, Florida has seen fluctuations in its student-to-teacher ratio, with notable peaks in 2018 at 15 students per teacher and 2019 at 16 students per teacher. Despite these surges, the ratio has stabilized closer to the national average of 14 students per teacher in recent years. Investors, real estate agents, and those looking to move to the area might find these trends significant as lower student-to-teacher ratios could indicate smaller class sizes, potentially translating to better individual student attention and educational outcomes. This could make Jackson County more attractive to families prioritizing education, thus potentially impacting property values and the local real estate market. Appraisers and insurance agents might also consider these educational factors when assessing property values and risks.
