Jefferson County Real Estate and Livability Trends
Jefferson County, Florida's median home values increased modestly from $135,200 in 2015 to $167,600 in 2022, suggesting a relatively stable and undervalued market compared to the state average of $292,200. This affordability, coupled with significant residential energy tax credits rising from $462.50 in 2013 to $2,420.00 in 2019, hints at an emerging market for sustainable development. Despite... Read more
Jefferson County Market Trends
Jefferson County, Florida's median home values have grown modestly from $135,200 in 2015 to $167,600 in 2022, lagging behind the state average's robust increase from $159,000 to $292,200. The county's relatively stable and undervalued market could attract investors seeking alternatives to Florida's typically high-priced real estate. Residential energy tax credits surged from $462.50 in 2013 to... Read more
Median Value of Occupied Housing Units in Jefferson County, Florida Over the Last 8 Years
Jefferson County, Florida has experienced a relatively modest growth in median home values over the past 8 years. While the value trends show some fluctuation, rising from $135,200 in 2015 to $167,600 in 2022, they remain considerably below the state average, which soared from $159,000 to $292,200. Moreover, even though Jefferson County has seen an upward trend similar to the national average—from $125,500 to $179,400—the pace is much slower. This could indicate a more stable and potentially undervalued market for those looking to invest or move to the area, providing an alternative to Florida's generally high-priced real estate landscape.
Residential Energy Tax Credit Per Tax Return in Jefferson County, FL Over the Last 9 Years
Jefferson County, Florida has seen a significant increase in average residential energy tax credit per tax return over the past nine years, notably jumping from $462.50 in 2013 to a peak of $2,420.00 in 2019. This rising trend indicates escalating investments in energy-efficient home improvements, making it a potentially lucrative area for green energy companies and property developers focused on sustainable practices. For residents and future homeowners, it highlights an opportunity to capitalize on generous tax credits while contributing to long-term energy savings and environmental benefits.
Average Real Estate Taxes Per Tax Return in Jefferson County, FL Over the Last 10 Years
The trends in Jefferson County, Florida reveal an upward movement in real estate taxes per tax return over the past decade, with a notable spike in 2018 to $3,965.63. While there were fluctuations, such as a dip in 2015 to $2,662.92 and modest increases in following years, this hike could reflect changes in property values or tax policies. Investors or potential homeowners should consider these patterns as they suggest increasing costs associated with property ownership in the area.
Percentage of Farm Returns in Jefferson County, FL Over the Last 10 Years
Over the last decade, Jefferson County, Florida has seen fluctuating yet generally declining percentages of farm tax returns, dropping from 6.37% in 2012 to 5.28% in 2021. Farm tax returns, representing the proportion of overall tax filings attributed to agricultural activities, offer insight into the economic health and viability of the farming sector. This downward trend might suggest a shift in the local economy or agricultural landscape, potentially impacting investment decisions, property values, and long-term planning for both current and prospective residents.
Number of Mortgages by Occupancy Type in Jefferson County, FL Over the Last 5 Years in Jefferson County
Principal residences dominate the mortgage market in Jefferson County, Florida, with notable year-to-year increases, peaking in 2021. The count fluctuated less significantly for investment properties and second residences, holding steady at lower volumes. These patterns could indicate a robust demand for primary homes driven by factors like growing population or economic conditions favoring homeownership. For real estate agents and investors, the sustained interest in principal residences may suggest a stable market with less speculative activity. Home appraisers and insurance agents might find these trends useful for assessing risk and accurate valuations. Builders and those looking to move can see opportunities to tap into a market where primary homes are in continuous demand.
Economic Outlook
Jefferson County, Florida, has seen a robust increase in average taxable income per tax return over the past nine years, jumping from $45,263.05 in 2013 to $66,857.88 in 2021. This steady growth is a potential indicator of the area's economic resilience and attractiveness for investors and new residents. Furthermore, while state and local income taxes have fluctuated, spiking significantly in 2021 at $16,200.00, these variations suggest a dynamic tax landscape that could influence investment... Read more
Average Taxable Income per Tax Return in Jefferson County, FL over the last 9 years
Over the past nine years, Jefferson County, FL has experienced a steady increase in average taxable income per tax return, growing from $45,263.05 in 2013 to $66,857.88 in 2021. This consistent upward trend highlights the county's economic resilience and potential for financial growth, making it an attractive option for investors and prospective residents looking for a promising return on investment or a stable community to build in.
Average State and Local Income Taxes Per Tax Return in Jefferson County, FL Over the Last 10 Years
Over the past decade, Jefferson County, Florida has seen significant fluctuations in average state and local income taxes per tax return with a notable spike in 2021 reaching $16,200.00. Early years like 2013 and 2014 also saw higher tax averages around $5,214.29 and $6,114.29 respectively, compared to steadier mid-range figures from 2015 to 2020. These changes highlight a dynamic tax landscape, potentially impacting decisions for those considering investments or relocations to the area.
Average Total Tax Liability Per Tax Return in Jefferson County, FL Over the Last 10 Years
Jefferson County, Florida has seen a notable increase in average total tax liability per tax return over the past decade, rising from $6,404.63 in 2012 to $10,103.63 in 2021. This upward trend highlights growing financial contributions from residents, possibly reflecting rising incomes or property values. For potential investors and new residents, this trend could indicate a growing and economically robust community.
Cost of Living in Jefferson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,000 | $1,641 | $1,938 | $1,232 | $921 |
| 1 adult 4 children | $1,000 | $1,340 | $1,482 | $1,232 | $1,008 |
| 2 adults 3 children | $1,000 | $1,340 | $1,681 | $1,232 | $725 |
| 1 adult 3 children | $1,000 | $1,094 | $1,225 | $1,232 | $770 |
| 2 adults 2 children | $774 | $1,097 | $1,425 | $1,064 | $638 |
| 1 adult 2 children | $774 | $820 | $969 | $1,064 | $573 |
| 2 adults 1 child | $774 | $867 | $1,168 | $521 | $603 |
| 1 adult 1 child | $774 | $560 | $712 | $521 | $469 |
| 2 adults | $669 | $697 | $912 | $0 | $534 |
| 1 adult | $594 | $380 | $456 | $0 | $433 |
Safety trends & Data
Jefferson County, Florida has experienced significant declines in property crime over the past three years, with burglaries dropping from 38.00 to 1.00 incidents and larceny-theft cases falling to zero. Motor vehicle theft and fraud have seen minor fluctuations but remain low overall. This trend indicates increased safety and potentially more effective law enforcement, which could enhance the area's appeal for potential investors, new residents, and those interested in real estate and property... Read more
Property Crime Trends in Jefferson County, FL Over the Last 3 Years
Jefferson County, Florida has seen noticeable declines in property crimes over the past three years. From 2019 to 2022, burglaries have dropped dramatically from 38.0 to 1.0 incidents, and larceny-theft has plummeted from 23.0 cases to zero. While motor vehicle theft and fraud showed minor fluctuations, their overall figures remain low. This trend may suggest increased safety and effective law enforcement, making the area more appealing for potential investors, new residents, and those in real estate and property insurance.
Demographics
Jefferson County, Florida shows a relatively balanced gender distribution among adults, with males possibly outnumbering females by a slight margin. Educationally, high school graduates constitute the largest segment, followed by those with some college education but no degree, indicating a potential area for growth in higher education attainment. Age-wise, the county seems to have a substantial population of older adults, particularly those aged 55 to 64, which could imply increased demand for... Read more
Race Distribution in Jefferson County, Florida (2022)
Educational Attainment in Jefferson County, Florida (2022)
Age Distribution in Jefferson County, Florida
Citizen Population in Jefferson County, Florida (2022)
Political Trends & Data
In Jefferson County, Florida, the 2020 U.S. Presidential Election displayed a close contest with Republicans earning roughly 53% of the vote and Democrats capturing about 46%. Minor parties like the Libertarian and Green parties secured less than 1%, reflecting a predominantly bipartisan preference with a slight Republican lean but noticeable Democratic presence. This competitive political environment might influence local policy decisions and voter engagement... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jefferson County, Florida, the 2020 U.S. Presidential Election showcased a fairly competitive political landscape. Republicans garnered approximately 53% of the vote, while Democrats trailed with around 46%. Minor parties, including the Libertarian and Green parties, held a negligible share, each securing less than 1%. This distribution of votes may highlight a leaning towards Republican preferences but also an underlying presence of Democratic support.
53.00% of voters voted for the Republican party in the 2020 Presidential Election
46.11% of voters voted for the Democrat party in the 2020 Presidential Election
0.54% of voters voted for the Livertarian party in the 2020 Presidential Election
0.15% of voters voted for the Green party in the 2020 Presidential Election
0.19% of voters voted for the Other party in the 2020 Presidential Election
School Data
Jefferson County, Florida, has experienced notable fluctuations in its student-to-teacher ratio over the past decade, moving from 12 in 2014 to nearly 19 in 2022, before dipping back to 14 in 2023. These dynamics might affect families considering relocation for school quality and impact local real estate values. Given that the ratio often exceeds the national average of 14, investors and developers might find new opportunities in education-focused developments, potentially enhancing the area's... Read more
Student-to-teacher ratio in Jefferson County, Florida over the last 10 years
Jefferson County, Florida has seen its student-to-teacher ratio fluctuate over the past decade, with significant increases noted in the more recent years. Starting from a low of 12 in 2014 and rising sharply to nearly 19 in 2022, fluctuations like a dip to 14 in 2023 are notable. These trends could signal changing educational dynamics that might influence families considering relocating for school quality, as well as impacting local real estate values. Notably, Jefferson County's ratio consistently ranks higher than the national average of 14 students per teacher, peaking at above average levels recently. For investors and developers, such trends may warrant a closer look at community needs, potentially sparking interest in education-focused developments or influencing the desirability of the area overall.
