Santa Rosa County Real Estate and Livability Trends
Santa Rosa County, Florida has showcased significant economic growth, with average taxable income per tax return jumping from $56,707.54 in 2013 to $85,561.86 in 2021, hinting at stronger disposable incomes. Median home values surged from $161,400 in 2015 to $272,500 in 2022, suggesting a buoyant real estate market. However, rising property taxes and higher costs of living are notable. The area... Read more
Santa Rosa County Market Trends
Santa Rosa County’s median home values have climbed from $161,400 in 2015 to $272,500 in 2022, outpacing the national average but still slightly below Florida’s state average. The average residential energy tax credit per tax return spiked significantly, reaching $4,389.23 in 2019, indicating increasing incentives for energy-efficient home improvements. Real estate taxes per tax return surged... Read more
Median Value of Occupied Housing Units in Santa Rosa County, Florida Over the Last 8 Years
Santa Rosa County’s median home values have consistently shown strong growth over the past eight years, climbing from $161,400 in 2015 to $272,500 in 2022. This trend seems to outpace the national average, where values rose from $125,500 to $179,400 over the same period. Compared to Florida as a whole, which saw an increase from $159,000 to $292,200, Santa Rosa County remains slightly below the state average but demonstrates significant annual appreciation. For investors and potential homeowners, these figures suggest a robust and potentially lucrative real estate market that may continue to experience steady value increases.
Residential Energy Tax Credit Per Tax Return in Santa Rosa County, FL Over the Last 9 Years
In Santa Rosa County, Florida, the average residential energy tax credit per tax return has seen significant growth over the last nine years. Starting at $478.57 in 2013, the credit nearly doubled by 2017, hitting $942.19. A major spike occurred in 2018, with the credit soaring to $3560.00 and peaking at $4389.23 in 2019. Although there was a slight decrease since then, the 2021 average still remains high at $3994.02. This trend highlights the increasing incentives for energy-efficient home improvements, making the area attractive for investment in sustainable property developments.
Average Real Estate Taxes Per Tax Return in Santa Rosa County, FL Over the Last 10 Years
Real estate taxes per tax return in Santa Rosa County, Florida, have seen a notable upward trend over the past decade, jumping from an average of roughly $2,481.16 in 2012 to approximately $4,811.71 in 2021. Particularly between 2017 and 2018, there was a sharp increase of about $1,248.31, suggesting significant value appreciation or policy shifts. This trend is vital for investors, potential movers, and property developers, as escalating tax rates typically mirror rising property values, influencing overall financial planning and potential returns on investment.
Percentage of Farm Returns in Santa Rosa County, FL Over the Last 10 Years
The percentage of farm returns in Santa Rosa County, Florida has shown a slight downward trend over the last decade, decreasing from 0.83% in 2012 to around 0.67% in 2021. This indicates a modest decline in the agricultural sector's financial activity as reflected in tax filings. For investors and potential residents, this could mean fewer economic opportunities in farming, yet possibly more stable property markets as reliance on agriculture scales down. Farm tax returns provide insights into the profitability and viability of farms in the area, ultimately influencing land values and local economic health.
Number of Mortgages by Occupancy Type in Santa Rosa County, FL Over the Last 5 Years in Santa Rosa County
Santa Rosa County, Florida has seen notable variations in mortgage counts by occupancy type over the last five years. Principal residences dominate the mortgage market, with numbers peaking at 22,017 in 2021 before dropping to 14,582 in 2022. Investment properties and second residences saw more modest activity, with investment property mortgages climbing from 498 in 2018 to 1,134 in 2021 before falling to 838 in 2022. Changes in occupancy types are crucial for potential investors, appraisers, and real estate agents as they indicate varying demand and risk profiles. A higher number of principal residences suggests a more stable, owner-occupied market, which could mean steadier long-term property values. Conversely, increased investment properties could point to a market with potential for rental income but possibly higher turnover and volatility. For insurance agents, understanding these trends can help tailor coverage and premiums based on occupancy risks.
Economic Outlook
Santa Rosa County, Florida has experienced substantial growth in average taxable income per tax return, climbing from $56,707.54 in 2013 to $85,561.86 in 2021. This signals a solid economic foundation and suggests higher disposable incomes, making it increasingly attractive for business and residential development. The average state and local income taxes per tax return have also surged, rising from $5,071.78 in 2012 to $13,572.15 in 2021, indicating higher living costs but potentially more... Read more
Average Taxable Income per Tax Return in Santa Rosa County, FL over the last 9 years
Santa Rosa County, FL has seen a significant growth in average taxable income per tax return over the last nine years, increasing from $56,707.54 in 2013 to $85,561.86 in 2021. This upward trend reflects sustained economic growth and prosperity in the region. For investors, property developers, and those considering a move, this income growth translates to a robust economic base and potentially higher disposable incomes, making the county an increasingly attractive location for business and residential opportunities.
Average State and Local Income Taxes Per Tax Return in Santa Rosa County, FL Over the Last 10 Years
Over the past decade, Santa Rosa County, Florida has seen a substantial rise in average state and local income taxes per tax return, jumping from approximately $5,071.78 in 2012 to $13,572.15 in 2021. This significant increase underscores the county's growth and indicates a higher cost of living and potentially more lucrative employment opportunities. Investors and potential residents should consider these trends as they reflect both the economic evolution of the area and its growing appeal as a premium place to live and work.
Average Total Tax Liability Per Tax Return in Santa Rosa County, FL Over the Last 10 Years
Over the past decade, Santa Rosa County, Florida has seen a notable upward trend in the average total tax liability per tax return, increasing from $8,882.69 in 2012 to $14,076.63 in 2021. The most significant jumps occurred in 2017 and 2020, where liabilities rose sharply. This trend signifies a growing tax base, which may reflect rising incomes and property values. Investors and potential residents should consider this steady rise as an indicator of robust economic growth and the potential for escalating property investments and living standards.
Cost of Living in Santa Rosa County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,798 | $1,613 | $2,053 | $1,302 | $1,263 |
| 1 adult 4 children | $1,798 | $1,317 | $1,571 | $1,302 | $1,397 |
| 2 adults 3 children | $1,798 | $1,317 | $1,781 | $1,302 | $1,033 |
| 1 adult 3 children | $1,798 | $1,076 | $1,299 | $1,302 | $1,161 |
| 2 adults 2 children | $1,294 | $1,078 | $1,509 | $1,132 | $796 |
| 1 adult 2 children | $1,294 | $806 | $1,026 | $1,132 | $793 |
| 2 adults 1 child | $1,294 | $852 | $1,236 | $577 | $756 |
| 1 adult 1 child | $1,294 | $551 | $754 | $577 | $629 |
| 2 adults | $1,114 | $685 | $964 | $0 | $657 |
| 1 adult | $1,073 | $373 | $482 | $0 | $568 |
Safety trends & Data
Santa Rosa County, Florida, shows interesting real estate market trends through its crime data. The dramatic drop in larceny-theft from 492.00 incidents in 2019 to just 1.00 in 2022 could suggest increasing safety, which might appeal to potential property investors and new residents. While burglary saw a peak in 2020 with 120.00 arrests, the lack of 2022 data creates some uncertainty about current conditions. With erratic trends in fraud and vandalism also lacking 2022 figures, these dynamics... Read more
Property Crime Trends in Santa Rosa County, FL Over the Last 3 Years
Santa Rosa County, Florida, experienced a varied landscape of property crimes over the last three years. The most significant shift can be seen in larceny-theft, which plummeted from 492.0 incidents in 2019 to just 1.0 in 2022. Burglary saw a peak in 2020 with 120.0 arrests but has no recorded data for 2022. Meanwhile, fraud and vandalism displayed fluctuations but have no 2022 figures to draw further trends. Understanding these trends can offer a nuanced view for those considering property investment, real estate ventures, or general relocation to the area.
Demographics
Santa Rosa County in Florida shows a relatively balanced gender distribution among adults, with slightly more males than females. The area appears to have a diverse range of educational attainment, heavily weighted toward high school graduates and those with some college education but no degree. Age distribution trends might suggest a robust younger population under 34, indicative of potential growth areas like family-oriented services. Racially, the county is predominantly White, with Black or... Read more
Race Distribution in Santa Rosa County, Florida (2022)
Educational Attainment in Santa Rosa County, Florida (2022)
Age Distribution in Santa Rosa County, Florida
Citizen Population in Santa Rosa County, Florida (2022)
Political Trends & Data
Santa Rosa County in Florida showed a strong preference for Republican candidates in the 2020 U.S. Presidential Election, with an estimated 72.4% of the vote. The Democratic party received around 25.8%. Third parties like the Libertarian and Green parties had minimal impact, with about 1.5% and 0.1% of the vote... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Santa Rosa County in Florida exhibited a notable lean towards the Republican party, with a likely 72.4% of votes favoring this group during the 2020 U.S. Presidential Election. In contrast, the Democratic party garnered around 25.8% of the votes. Minor parties like the Libertarian and Green parties appeared to have minimal impact, each drawing approximately 1.5% and 0.1% of the vote share, respectively.
72.37% of voters voted for the Republican party in the 2020 Presidential Election
25.82% of voters voted for the Democrat party in the 2020 Presidential Election
1.54% of voters voted for the Livertarian party in the 2020 Presidential Election
0.11% of voters voted for the Green party in the 2020 Presidential Election
0.15% of voters voted for the Other party in the 2020 Presidential Election
School Data
Santa Rosa County, Florida saw dramatic swings in its student-to-teacher ratio, peaking at 61 students per teacher in 2021 and now settling around 16, which is above the national average of 14. These fluctuations may signal broader changes in educational resources and population dynamics, potentially impacting property values and local development. For realtors and appraisers, these trends offer valuable insights into market conditions and risk assessments. Elevated ratios could affect the... Read more
Student-to-teacher ratio in Santa Rosa County, Florida over the last 10 years
Santa Rosa County, Florida has experienced fluctuations in its student-to-teacher ratio over the last decade, peaking dramatically in 2021 at 61 students per teacher. Currently, the ratio hovers around 16, which is above the national average of 14. These shifts in occupancy type may signal broader changes in educational resources and population dynamics, influencing investment decisions, property values, and local development strategies. Elevated ratios could impact the quality of education, making the area more or less attractive for families considering a move. For realtors, appraisers, and insurance agents, understanding these trends can provide valuable insights into market conditions and risk assessments.
