Manatee County Real Estate and Livability Trends
Manatee County, Florida has seen striking economic growth with average taxable income per tax return rising from $59,846.69 in 2013 to $104,088.62 in 2021, and real estate market reflecting this prosperity as median home values jumped from $169,000 in 2015 to $323,900 in 2022. Property crime rates have notably decreased, which could affect community safety perceptions and investment... Read more
Manatee County Market Trends
Manatee County, Florida, has experienced a notable increase in median home values, soaring from $169,000 in 2015 to $323,900 in 2022, substantially outpacing both state and national trends. The area has also seen a significant rise in residential energy tax credits per tax return, reflecting escalating investments in energy-efficient home improvements with the average credit reaching $2,091.88 in... Read more
Median Value of Occupied Housing Units in Manatee County, Florida Over the Last 8 Years
Manatee County, Florida has seen a significant rise in median home values over the past eight years, jumping from $169,000 in 2015 to $323,900 in 2022. This growth outpaces both the state and national trends where Florida's state median rose from $159,000 to $292,200, and the national median increased from $125,500 to $179,400 over the same period. This data suggests strong real estate appreciation in Manatee County, which could be attractive to investors and prospective homeowners looking for promising property value growth.
Residential Energy Tax Credit Per Tax Return in Manatee County, FL Over the Last 9 Years
Manatee County, Florida, has seen a significant rise in residential energy tax credits per tax return over the past nine years. Starting from $486.05 in 2013, the average credit peaked dramatically to $3,498.72 by 2018 before stabilizing around $2,091.88 in 2021. The substantial increase indicates growing investments in energy-efficient home improvements, making this an appealing area for property developers and homebuyers keen on sustainability. These trends suggest a supportive environment for eco-friendly advancements, enhancing the county’s attractiveness to environmentally conscious investors and residents.
Average Real Estate Taxes Per Tax Return in Manatee County, FL Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Manatee County, Florida have seen a consistent increase, starting at approximately $4,276 in 2012 and rising to about $8,163 in 2021. Particularly notable is the surge between 2017 and 2018, where taxes jumped from roughly $5,519 to over $7,304. This upward trend may suggest an increasingly attractive market for investors, potential buyers, and property developers, reflecting possibly higher property values or changes in tax policies. Current residents and prospective movers should consider these factors when planning their financial commitments in the area.
Percentage of Farm Returns in Manatee County, FL Over the Last 10 Years
Farm tax returns in Manatee County, Florida, have shown a slight decline over the last decade. In 2012, the percentage of farm returns was approximately 0.34%, whereas by 2021 it had decreased to roughly 0.24%. This ebb might suggest a dip in farm-related activities or profitability within the county. For those considering investment or property development, these stats could point to either a decreasing agricultural emphasis or potential new opportunities in agri-business restructuring. However, the decrease hasn't been steep, highlighting a relatively stable, yet slowly shrinking, farming presence.
Number of Mortgages by Occupancy Type in Manatee County, FL Over the Last 5 Years in Manatee County
Over the last five years in Manatee County, Florida, the count of mortgages for principal residences consistently outpaced investment and second residences. Notably, there was a significant spike in principal residence mortgages in 2021, which then tapered off in 2022. In contrast, both investment properties and second residences saw relatively modest increases during the same period. Shifts in occupancy types could hint at broader economic factors or changes in local real estate market dynamics, affecting everything from property values and investment opportunities to insurance premiums. For real estate agents, investors, and insurers, understanding these patterns is crucial for making informed decisions in a fluctuating market.
Economic Outlook
Manatee County, Florida has demonstrated significant economic growth over the last decade, with the average taxable income per tax return increasing from $59,846.69 in 2013 to $104,088.62 in 2021. Concurrently, state and local income taxes per return have roughly doubled, showcasing both economic prosperity and higher fiscal responsibilities for residents. This upward trajectory in total tax liability per return, which rose from $11,857.72 in 2012 to $20,026.12 in 2021, might reflect rising... Read more
Average Taxable Income per Tax Return in Manatee County, FL over the last 9 years
Manatee County, FL has seen a steady and significant rise in average taxable income per tax return over the last nine years, jumping from $59,846.69 in 2013 to a notable $104,088.62 in 2021. This consistent upward trend underscores the county's growing economic prosperity, making it an appealing destination for investors, potential residents, and developers looking to capitalize on a robust financial environment.
Average State and Local Income Taxes Per Tax Return in Manatee County, FL Over the Last 10 Years
Over the last decade, Manatee County, Florida has seen a significant rise in average state and local income taxes per tax return, climbing from $11,469.35 in 2012 to $22,626.63 in 2021. Notable jumps occurred between 2014 and 2015, as well as 2019 and 2020, reflecting a broader trend of increasing financial obligations for residents. This upward trajectory is crucial for potential investors and current residents to consider, as it suggests both a growing economy and potentially higher tax burdens moving forward.
Average Total Tax Liability Per Tax Return in Manatee County, FL Over the Last 10 Years
Over the last decade, Manatee County, Florida, has seen a noticeable upward trend in average total tax liability per tax return. From $11,857.72 in 2012 to $20,026.12 in 2021, tax responsibilities have consistently risen, reflecting broader economic growth and possibly increasing property values in the area. Such an increase in tax liability might indicate a healthy, expanding community, making it a viable prospect for investors and new residents.
Cost of Living in Manatee County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,003 | $1,645 | $1,867 | $1,439 | $1,284 |
| 1 adult 4 children | $2,003 | $1,343 | $1,427 | $1,439 | $1,426 |
| 2 adults 3 children | $2,003 | $1,344 | $1,620 | $1,439 | $1,056 |
| 1 adult 3 children | $2,003 | $1,097 | $1,181 | $1,439 | $1,200 |
| 2 adults 2 children | $1,510 | $1,100 | $1,374 | $1,261 | $827 |
| 1 adult 2 children | $1,510 | $822 | $934 | $1,261 | $843 |
| 2 adults 1 child | $1,510 | $869 | $1,127 | $684 | $781 |
| 1 adult 1 child | $1,510 | $562 | $687 | $684 | $673 |
| 2 adults | $1,211 | $698 | $880 | $0 | $636 |
| 1 adult | $1,010 | $381 | $440 | $0 | $514 |
Safety trends & Data
Property crime trends in Manatee County, Florida reveal significant fluctuations over the past four years. Larceny-Theft rates were strikingly high in 2019 ($1,397.00) and 2020 ($1,159.00), plummeting to just $2.00 in 2021. Burglary incidents also dropped notably from $230.00 in 2019 to $18.00 in 2022. Other property crimes like Fraud and Vandalism show a general decline, pointing to potential improvements in crime prevention or changing socio-economic conditions. These trends are crucial for... Read more
Property Crime Trends in Manatee County, FL Over the Last 4 Years
Property crime trends in Manatee County, Florida show substantial fluctuations over the last four years. Notably, Larceny - Theft was significantly higher in 2019 (1,397.00) and 2020 (1,159.00) compared to subsequent years, with a drastic drop to just 2.00 in 2021. Burglary incidents also saw a remarkable decrease from 230.00 in 2019 to 18.00 in 2022. Similarly, other property crimes like Fraud and Vandalism have fluctuated but generally show a downward trend. This data could suggest either improved crime prevention measures or socio-economic changes affecting crime rates, making it essential for stakeholders to monitor these trends closely for future decision-making.
Demographics
Manatee County, Florida, shows a potentially notable gender imbalance within its adult population, with more females than males. The educational landscape reveals a larger segment only reaching high school graduation or some college without earning a degree, which could impact the local workforce's skill set and economic prospects. Residents aged 55+ constitute a significant part of the population, indicative of a community with substantial retirement age individuals, likely influencing... Read more
Race Distribution in Manatee County, Florida (2022)
Educational Attainment in Manatee County, Florida (2022)
Age Distribution in Manatee County, Florida
Citizen Population in Manatee County, Florida (2022)
Political Trends & Data
In Manatee County, Florida, the 2020 U.S. Presidential Election data indicates that Republicans likely had significant local backing at about 57.6% of the vote, compared to Democrats at around 41.6%. Third-party candidates seemed to barely make a mark, collectively pulling in just over 1%. This trend might hint at a strong Republican presence within the county, possibly aligning with broader regional or demographic... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Manatee County, Florida, the 2020 U.S. Presidential Election saw Republicans likely garnering more support with approximately 57.6% of the votes, while Democrats seemed to have trailed at around 41.6%. Third-party candidates, including Libertarians and Greens, appeared to capture minimal attention, collectively accounting for just over 1% of the vote. This voting pattern could suggest a strong Republican leaning in the county, reflecting broader regional or demographic trends.
57.61% of voters voted for the Republican party in the 2020 Presidential Election
41.56% of voters voted for the Democrat party in the 2020 Presidential Election
0.59% of voters voted for the Livertarian party in the 2020 Presidential Election
0.12% of voters voted for the Green party in the 2020 Presidential Election
0.12% of voters voted for the Other party in the 2020 Presidential Election
School Data
Manatee County, Florida has seen student-to-teacher ratios fluctuate, with a peak of 16.91 in 2019 and a low of 13.41 in 2018, affecting factors like educational quality and residential appeal. These shifts suggest either more personalized attention or a need for more resources. Comparing with the national average of 14 students per teacher, Manatee County's ratios can indicate varying levels of individualized attention, which is crucial for families considering relocation and for professionals... Read more
Student-to-teacher ratio in Manatee County, Florida over the last 10 years
Manatee County, Florida has seen some fluctuations in its student-to-teacher ratio over the past decade, ranging from a high of 16.91 in 2019 to a low of 13.41 in 2018. These changes are not trivial and could influence various factors such as educational quality and residential desirability. A lower student-to-teacher ratio often suggests more personalized attention for students, which may appeal to families considering a move to the area. Conversely, a higher ratio might suggest a need for more educational resources or staff. Comparing to the national average of 14 students per teacher, Manatee County's ratios suggest they may occasionally provide less individualized attention, depending on the year. This information could be particularly valuable for real estate agents, appraisers, and those in the education sector, as it may affect property values, insurance rates, and overall community attractiveness.
