St. Lucie County Real Estate and Livability Trends
St. Lucie County, Florida, has shown promising economic growth with average taxable income per tax return rising from $46,616.44 in 2013 to $67,767.06 in 2021. Median home values skyrocketed from $125,600 in 2015 to $275,900 in 2022, outpacing both national and state averages. Though real estate taxes have climbed from $3,617.68 in 2012 to $6,436.76 in 2021, the county's decreasing poverty rate... Read more
St. Lucie County Market Trends
St. Lucie County's median home values have seen a significant leap from $125,600 in 2015 to $275,900 in 2022, outpacing national and Florida state averages, highlighting its potential appeal for real estate investments. Residential energy tax credits in the county also surged, from $405.31 in 2013 to $2,806.03 in 2021, indicating increased adoption of energy-efficient technologies. Real estate... Read more
Median Value of Occupied Housing Units in St. Lucie County, Florida Over the Last 8 Years
St. Lucie County's median home values showed a sharp increase over the last eight years, jumping from $125,600 in 2015 to $275,900 in 2022. This robust growth outpaces both the national and Florida state averages, suggesting the county may be particularly appealing for real estate investments. While the national median home value grew from $125,500 to $179,400 and Florida's median soared from $159,000 to $292,200 in the same timeframe, St. Lucie County's dynamic market could offer compelling opportunities for prospective homebuyers and investors.
Residential Energy Tax Credit Per Tax Return in St. Lucie County, FL Over the Last 9 Years
Over the last nine years, St. Lucie County, Florida has seen a marked increase in average residential energy tax credits per tax return. Starting at $405.31 in 2013, the amount surged to $2,806.03 by 2021. Key jumps are evident around 2017 and 2018, likely indicating increased adoption of energy-efficient technologies and incentives. This trend suggests growing awareness and investment in energy efficiency, making the area attractive for eco-conscious investors and property developers.
Average Real Estate Taxes Per Tax Return in St. Lucie County, FL Over the Last 10 Years
In St. Lucie County, Florida, average real estate taxes per tax return have experienced a steady increase over the last decade, with values rising from $3,617.68 in 2012 to $6,436.76 in 2021. This upward trend suggests that property values and/or tax rates have likely gone up. For those considering an investment or move, it may be crucial to factor in these growing property tax expenses. Additionally, the sharp rise between 2017 ($4,619.83) and 2018 ($5,870.48) indicates a noteworthy spike, which is worth investigating further.
Percentage of Farm Returns in St. Lucie County, FL Over the Last 10 Years
St. Lucie County, Florida has seen slight fluctuations in farm tax returns over the past decade, with the percentage of returns peaking in 2014 at approximately 0.25% and gradually decreasing to around 0.18% in 2021. Farm tax returns—filings that report income and expenses directly related to farming—can indicate the level of agricultural activity and its contribution to the local economy. The relatively small and slightly downward trend may suggest a shift in land use or economic focus within the county, potentially impacting decisions for investors and property developers considering the agricultural sector.
Number of Mortgages by Occupancy Type in St. Lucie County, FL Over the Last 5 Years in St. Lucie County
Tracking mortgage trends in St. Lucie County, Florida, reveals notable fluctuations in financing types over the past five years. Principal residences consistently dominated the mortgage market, but a decline from 38,146 mortgages in 2021 to 28,372 in 2022 is significant, possibly reflecting economic or demographic shifts. Investment properties saw a gradual but less marked fluctuation, with numbers peaking slightly at 1,559 in 2021 before stabilizing. Meanwhile, second residences show variability, suggesting changing buyer priorities or market confidence. These shifts in occupancy types can offer insights for investors, developers, real estate agents, and insurance agents; understanding market behavior helps in risk assessment, investment strategies, and pricing models.
Economic Outlook
Over the past decade, St. Lucie County, Florida has shown a steady increase in average taxable income per tax return, rising from $46,616.44 in 2013 to $67,767.06 in 2021—evidencing strong economic growth and a more appealing market for both investors and potential residents. Additionally, while state and local income taxes have fluctuated, peaking at $14,426.21 in 2021, this variability highlights the dynamic fiscal conditions potential investors should consider. The county's rising average... Read more
Average Taxable Income per Tax Return in St. Lucie County, FL over the last 9 years
Over the past nine years, St. Lucie County, FL has seen a notable upward trend in average taxable income per tax return, increasing from $46,616.44 in 2013 to $67,767.06 in 2021. This consistent rise suggests strong economic growth and an improving standard of living, which is attractive for potential investors and residents. The substantial jump in income from 2020 to 2021, a nearly $11,000 surge, signals a robust post-pandemic recovery, making the county a potentially lucrative location for property development and investment.
Average State and Local Income Taxes Per Tax Return in St. Lucie County, FL Over the Last 10 Years
Over the past decade, St. Lucie County, Florida has seen quite the fluctuation in average state and local income taxes per tax return, peaking at $14,426.21 in 2021 after hitting a low of $9,325.08 in 2016. This variance matters for potential investors and residents as it reflects economic and fiscal dynamics within the county that influence cost of living, disposable income, and overall financial planning. The fluctuations could signal opportunities or risks tied to the county's evolving tax policies and economic health.
Average Total Tax Liability Per Tax Return in St. Lucie County, FL Over the Last 10 Years
Over the last decade, St. Lucie County, Florida has seen a notable increase in average total tax liability per tax return, rising from $7,523.81 in 2012 to $10,375.96 in 2021. This upward trend can signal a growing economy and rising incomes, making it an attractive area for potential investors and new residents. However, the increasing tax liability also suggests that new homeowners and those looking to build property should be prepared for higher tax expenses.
Cost of Living in St. Lucie County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,998 | $1,548 | $1,946 | $1,392 | $1,259 |
1 adult 4 children | $1,998 | $1,264 | $1,488 | $1,392 | $1,404 |
2 adults 3 children | $1,998 | $1,265 | $1,688 | $1,392 | $1,039 |
1 adult 3 children | $1,998 | $1,033 | $1,231 | $1,392 | $1,181 |
2 adults 2 children | $1,480 | $1,035 | $1,431 | $1,225 | $807 |
1 adult 2 children | $1,480 | $773 | $973 | $1,225 | $800 |
2 adults 1 child | $1,480 | $818 | $1,173 | $681 | $762 |
1 adult 1 child | $1,480 | $529 | $715 | $681 | $667 |
2 adults | $1,177 | $657 | $916 | $0 | $630 |
1 adult | $1,170 | $359 | $458 | $0 | $565 |
Safety trends & Data
Property crime in St. Lucie County, Florida, has experienced notable shifts from 2019 to 2020. Larceny-theft incidents dropped significantly from 560 to 420, but burglary-related crimes increased slightly from 119 to 130. Minor hikes in fraud and forgery hint at changing criminal focus, possibly reflecting evolving economic or social conditions. Investors and property owners should consider targeted security measures due to these varied... Read more
Property Crime Trends in St. Lucie County, FL Over the Last 2 Years
Property crime in St. Lucie County, Florida, shows some notable changes from 2019 to 2020. While larceny-theft incidents saw a significant drop from 560 to 420, burglary-related crimes slightly increased from 119 to 130. In contrast, other areas like fraud and forgery saw minor increases, hinting at shifting criminal focus perhaps due to evolving economic or social conditions. Overall, while some types of property crime decreased, others, such as arson and burglary, saw modest upticks, suggesting a need for targeted security measures for potential investors and property owners.
Demographics
In St. Lucie County, Florida, the gender distribution sees a slight majority of females over males. The educational landscape reveals that high school graduates form the largest group, though a significant portion has attended some college without earning a degree. The age structure indicates a balanced distribution across various age groups, with notable clusters of residents aged 55 to 64 years and 65 to 74 years. Racially, the population is primarily white, accompanied by a smaller yet... Read more
Race Distribution in St. Lucie County, Florida (2022)
Educational Attainment in St. Lucie County, Florida (2022)
Age Distribution in St. Lucie County, Florida
Citizen Population in St. Lucie County, Florida (2022)
Political Trends & Data
In Saint Lucie County, Florida, the 2020 U.S. Presidential Election results indicated a slight Republican edge with 50.4% of the vote, while Democrats closely trailed at 48.9%. This tight margin underscores a highly competitive political landscape, pointing to a potential sharp political divide or growing polarization among voters. Despite limited influence, minor parties collectively attracted less than 1% of the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Saint Lucie County, Florida, the 2020 U.S. Presidential Election results appear to reflect a slight lean towards Republican candidates, with approximately 50.4% of the vote. Democrats followed closely with about 48.9%, indicating a fairly competitive political landscape. Minor parties like the Libertarian and Green parties, along with other alternatives, collectively garnered less than 1% of the vote, suggesting limited influence in this county. This tight margin between the major parties may highlight a sharp political divide or increasing polarization within the electorate.
50.43% of voters voted for the Republican party in the 2020 Presidential Election
48.87% of voters voted for the Democrat party in the 2020 Presidential Election
0.45% 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
0.13% of voters voted for the Other party in the 2020 Presidential Election
School Data
St. Lucie County, Florida, has experienced a fluctuating student-to-teacher ratio over the past decade, bouncing between 16 and 19 students per teacher. Recent trends place the ratio around 17.5, slightly above the national average of 14. This higher ratio might be a red flag for education infrastructure, possibly influencing property values and risks. Investors and real estate professionals may regard these shifts as potential indicators of the area's appeal to families seeking more... Read more
Student-to-teacher ratio in St. Lucie County, Florida over the last 10 years
St. Lucie County, Florida has seen notable fluctuations in the student-to-teacher ratio over the past decade, varying between 16 and 19 students per teacher. Despite a dip to approximately 16 students per teacher in 2017 and 2020, recent years have returned to a higher ratio, hovering around 17.5. Investors and real estate professionals may find these shifts significant; lower ratios can indicate a more personalized education experience, potentially making the area more attractive to families. Conversely, a higher ratio, which remains above the national average of 14 students per teacher, may signal challenges in education infrastructure. For appraisers and insurance agents, these trends might reflect upon the broader socio-economic landscape affecting property values and risks.