Liberty County Real Estate and Livability Trends
Liberty County, Florida has seen a rise in average taxable income from $42,268.99 in 2013 to $51,181.20 in 2021, which could make it appealing for investors and developers. Median home values have jumped from $74,000 in 2015 to $113,300 in 2022, yet still sit below state and national averages, presenting potentially affordable opportunities. Residential energy tax credits surged from $300.00 in... Read more
Liberty County Market Trends
Liberty County, Florida's median home values have soared from $74,000 in 2015 to $113,300 in 2022, yet remain below the state and national averages, which might appeal to investors seeking more affordable opportunities. Residential energy tax credits in the county spiked from $300.00 in 2013 to $2,680.00 in 2021, indicating increased investment in energy-efficient upgrades. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Liberty County, Florida Over the Last 8 Years
Liberty County, Florida has seen a stark increase in median home values over the last eight years, jumping from $74,000 in 2015 to $113,300 in 2022. While the growth is significant, it's worth noting that Liberty County's home values still remain substantially lower than both the state and national averages. Florida's median home value has surged to $292,200 in 2022, and the national average reached $179,400 the same year. This trend in Liberty County could present a lucrative opportunity for investors seeking more affordable entry points in the real estate market.
Residential Energy Tax Credit Per Tax Return in Liberty County, FL Over the Last 6 Years
Liberty County, Florida has seen a substantial upswing in residential energy tax credits per tax return over the past six years. Starting at $300.00 in 2013, the average credit dropped to $200.00 in 2014 but steadily climbed to $2,680.00 in 2021. This notable increase highlights a growing investment in energy-efficient home improvements, reflecting heightened homeowner awareness and possibly more generous state or federal incentives. This trend is crucial for potential investors and homeowners aiming to benefit from energy improvement incentives, indicating that Liberty County is becoming more energy-conscious and supportive of sustainable living.
Average Real Estate Taxes Per Tax Return in Liberty County, FL Over the Last 10 Years
Over the past decade, Liberty County, Florida has experienced fluctuations in average real estate taxes per tax return, ranging from $1,730.00 in 2012 to a high of $3,060.00 in 2018. This variability could signal changing assessments or shifts in public funding needs, both important factors for investors and residents to consider. The data shows peak years and subsequent declines, suggesting a possible correction in the market. Despite these changes, those looking to move or invest in Liberty County may want to closely monitor these patterns for better financial planning.
Percentage of Farm Returns in Liberty County, FL Over the Last 10 Years
Liberty County, Florida has seen a fluctuation in farm tax returns over the past decade, with percentages generally stabilizing between 3% and 4%. This data hints at a mildly growing, albeit volatile, agricultural sector, which could be interesting for investors eyeing rural property development or farming ventures. Farm tax returns provide insight into farming profitability and activity, indicating how many farms are operational and contributing taxes, which could be essential for understanding local agricultural health. For those considering investing, moving to, or building in Liberty County, these figures might suggest agricultural activity as a potentially viable economic opportunity.
Number of Mortgages by Occupancy Type in Liberty County, FL Over the Last 5 Years in Liberty County
Over the past five years, Liberty County, Florida has seen a varied number of mortgages with principal residences consistently dominating the market, peaking in 2021 with 244 mortgages. Second residences and investment properties have remained relatively minimal in comparison. These trends in occupancy types can reveal underlying shifts in market demand, affecting property values and the rental market. For investors and real estate agents, such data highlights potential growth or stability areas; appraisers can ascertain property worth more accurately, and insurers might adjust risk assessments accordingly. Understanding these changes helps tailor strategies and expectations for stakeholders involved in local real estate.
Economic Outlook
Over the past nine years, Liberty County, Florida has experienced a steady rise in average taxable income per tax return, climbing from $42,268.99 in 2013 to $51,181.20 in 2021. The increases in 2018 and 2021 highlight economic stability, making it an appealing prospect for investors and developers. Although average total tax liability has fluctuated, recent trends show a recovery, with figures reaching $5,953.55 in 2021. This suggests a cautiously optimistic landscape for long-term financial... Read more
Average Taxable Income per Tax Return in Liberty County, FL over the last 9 years
Over the last nine years, Liberty County, FL has seen a generally steady increase in average taxable income per tax return, rising from $42,268.99 in 2013 to $51,181.20 in 2021. This indicates a growing economic stability and an improving standard of living, which could be attractive for investors, new residents, and property developers. The notable spike in 2018 to $49,405.77 and a subsequent high point of $51,181.20 in 2021 suggest resilience and potential for continued economic growth.
Average Total Tax Liability Per Tax Return in Liberty County, FL Over the Last 10 Years
Liberty County, Florida has seen fluctuating average total tax liability over the past decade, peaking in 2012 at $6,432.58 and hitting a low in 2015 at $5,071.58. Notably, recent years show an increase, reaching $5,953.55 in 2021. For investors or prospective property owners, these trends indicate a variable but generally recovering tax environment, suggesting cautious optimism for long-term financial planning and budgeting.
Cost of Living in Liberty County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,005 | $1,327 | $2,025 | $1,293 | $838 |
| 1 adult 4 children | $1,005 | $1,084 | $1,551 | $1,293 | $895 |
| 2 adults 3 children | $1,005 | $1,084 | $1,756 | $1,293 | $645 |
| 1 adult 3 children | $1,005 | $885 | $1,282 | $1,293 | $679 |
| 2 adults 2 children | $826 | $887 | $1,487 | $1,138 | $600 |
| 1 adult 2 children | $826 | $663 | $1,013 | $1,138 | $542 |
| 2 adults 1 child | $826 | $701 | $1,218 | $632 | $586 |
| 1 adult 1 child | $826 | $453 | $744 | $632 | $481 |
| 2 adults | $710 | $563 | $949 | $0 | $515 |
| 1 adult | $706 | $307 | $475 | $0 | $456 |
Safety trends & Data
Liberty County, Florida has seen some changes in property crime trends between 2019 and 2020. Burglaries dropped significantly from 18 to 7, and motor vehicle thefts decreased from 5 to 2. While other crimes like larceny-theft and fraud remained relatively stable, these trends could be a result of improved security measures or more effective local enforcement. This information might be valuable for anyone making decisions about investments, property development, or insurance in the... Read more
Property Crime Trends in Liberty County, FL Over the Last 2 Years
Liberty County, Florida has seen notable changes in property crime trends over the past two years. In 2019, considerable numbers were reported across various categories: burglary (18), larceny-theft (10), motor vehicle theft (5), forgery and counterfeiting (1), fraud (3), and vandalism (4). However, by 2020, there seemed to be a significant decline in several crime categories, particularly burglaries dropping to 7 and motor vehicle thefts to 2, indicating perhaps improved security measures or changes in local enforcement effectiveness. The trends show that while certain crimes decreased, larceny-theft and fraud remained relatively stable, which could prove informative for stakeholders making decisions related to investments, property development, or insurance assessments in the area.
Demographics
In Liberty County, Florida, the adult population is skewed more towards males, with 3,550 males compared to 2,581 females. Educational attainment shows a significant portion of the population has at least a high school diploma, but fewer residents hold higher education degrees. The age distribution indicates a fairly balanced spread across age groups, though there are slightly more individuals in the 25 to 34 and 45 to 54 age brackets. Racially, the county is predominantly White, making up a... Read more
Race Distribution in Liberty County, Florida (2022)
Educational Attainment in Liberty County, Florida (2022)
Age Distribution in Liberty County, Florida
Citizen Population in Liberty County, Florida (2022)
Political Trends & Data
In Liberty County, Florida, the 2020 U.S. Presidential Election showed a clear preference for the Republican party, which captured about 80% of the vote. The Democratic party received roughly 19.5%, while third-party candidates attracted minimal support. This conservative leaning could influence local policies, potentially impacting real estate regulations, property taxes, and development trends in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Liberty County, Florida, the 2020 U.S. Presidential Election results suggest a significant leaning towards the Republican party, capturing nearly 80% of votes. The Democratic party trailed significantly with roughly 19.5%, while third-party candidates, including the Libertarian and Green parties, garnered minimal support. This voting pattern could imply a strong conservative presence or influence in the county, potentially affecting local and state policy directions.
79.92% of voters voted for the Republican party in the 2020 Presidential Election
19.49% of voters voted for the Democrat party in the 2020 Presidential Election
0.39% 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
0.14% of voters voted for the Other party in the 2020 Presidential Election
School Data
Liberty County, Florida has seen its student-to-teacher ratio fluctuate, recently hitting 15 in 2023, which is above the national average of 14. This variability might influence real estate investments since lower ratios can imply higher education quality, often attracting families and stabilizing property values. Real estate agents could leverage this information when targeting families seeking better educational... Read more
Student-to-teacher ratio in Liberty County, Florida over the last 10 years
Liberty County, Florida has experienced considerable fluctuations in its student-to-teacher ratio over the past decade. After reaching a low of 9 in 2017, the ratio spiked to 18 in 2019, showing significant year-to-year variation. The most recent data from 2023 shows a ratio of 15, above the national average of 14 students per teacher. These changes could impact investment decisions, as lower ratios generally suggest smaller class sizes and potentially higher quality of education, which historically attracts families and stabilizes property values. Real estate agents might find this useful when targeting prospective buyers looking for areas with favorable educational conditions.
