Washington County Real Estate and Livability Trends
Washington County, Florida has seen median home values rise from $82,900 in 2015 to $137,600 in 2022, providing a more affordable alternative to the state median of $292,200, potentially attracting investors and homebuyers. Average taxable income per tax return grew from $38,615.47 in 2013 to $53,142.09 in 2021, pointing to a possibly healthier job market and increasing wages. Residential energy... Read more
Washington County Market Trends
Washington County, Florida, has seen its median home values climb from $82,900 in 2015 to $137,600 in 2022, which remains far below the state median of $292,200. This disparity might appeal to investors and homebuyers looking for affordable options in Florida without missing out on state benefits. The average residential energy tax credits per tax return have also spiked dramatically, from... Read more
Median Value of Occupied Housing Units in Washington County, Florida Over the Last 8 Years
Washington County, Florida has experienced a steady rise in median home values over the last eight years, growing from $82,900 in 2015 to $137,600 in 2022. While this is a healthy increase, it's still significantly lower than the state median of $292,200 and the national median of $179,400 for the same year. This may present an attractive opportunity for potential investors or homebuyers looking for more affordable property options in Florida without sacrificing the benefits of living in the state.
Residential Energy Tax Credit Per Tax Return in Washington County, FL Over the Last 8 Years
Investors and residents in Washington County, Florida have witnessed a significant increase in average residential energy tax credits per tax return over the past eight years. Beginning at $350.00 in 2013, it has surged dramatically to $3391.67 by 2021. This upward trend signifies a growing embrace of energy-efficient home improvements, which can not only lead to substantial tax savings but also enhance property values and reduce utility expenses. For those considering moving to or investing in this area, the rising credits underscore a community increasingly focused on sustainability and long-term cost efficiency.
Average Real Estate Taxes Per Tax Return in Washington County, FL Over the Last 10 Years
Over the last ten years, Washington County, Florida has seen fluctuations in average real estate taxes per tax return, with a notable increase from 2018 onwards. Particularly, figures jumped from $1,971.13 in 2016 to $2,647.06 in 2018 and peaked at $2,760.87 in 2020. This trend suggests a rising tax burden that may impact decisions for potential investors and property buyers. While earlier years showed moderate changes, the recent hikes indicate a potentially shifting fiscal landscape in Washington County worth monitoring closely.
Percentage of Farm Returns in Washington County, FL Over the Last 10 Years
Washington County, Florida has seen fluctuations in the percentage of farm tax returns over the last decade, with values hovering around 3.7% in 2012 and 2016, slightly decreasing to around 3.0% by 2021. Farm tax returns, which are essentially tax filings for agricultural income, can indicate agricultural productivity and economic health in the area. A general downward trend might suggest challenges in the local agricultural sector, potentially impacting land values and investment opportunities. For potential investors or those looking to move in, understanding these dynamics could be crucial for making informed decisions.
Number of Mortgages by Occupancy Type in Washington County, FL Over the Last 5 Years in Washington County
Over the last five years in Washington County, Florida, the number of mortgages for principal residences shows a consistent upward trend, with 2021 peaking at 1,274. Investment properties and second residences, while seeing modest fluctuations, remain significantly lower. Such shifts in occupancy types can impact local real estate markets and investment strategies. A rising number of principal residence mortgages might suggest a growing appeal for permanent living and could translate to stronger community ties and increased local spending, potentially boosting property values. For investors and real estate agents, understanding these patterns could offer insights into demand dynamics and guide strategic decisions. Similarly, appraisers and insurance agents might consider these shifts when assessing property values and risks.
Economic Outlook
Washington County, Florida's real estate scene is witnessing some intriguing trends. The average taxable income per tax return has steadily grown from $38,615.47 in 2013 to $53,142.09 in 2021, possibly indicating a healthier job market and rising wages. Concurrently, the average state and local income taxes per tax return have shown significant variability, peaking at $5900.00 in 2019 but averaging lower in other years. This could suggest fluctuating economic conditions impacting tax... Read more
Average Taxable Income per Tax Return in Washington County, FL over the last 9 years
Over the past nine years, Washington County, Florida has seen a progressive increase in average taxable income per tax return, starting at $38,615.47 in 2013 and reaching $53,142.09 in 2021. This steady growth, particularly the jump in 2021, indicates potential economic improvement and could signal a healthier job market or rising wages in the area. Such trends might appeal to investors, potential residents, and developers looking for promising locations with upward economic trajectories.
Average State and Local Income Taxes Per Tax Return in Washington County, FL Over the Last 10 Years
Over the last decade, Washington County, Florida has seen notable fluctuations in average state and local income taxes per tax return. The highest peak occurred in 2019 at $5900.00, while other years like 2014 and 2021 saw lower averages of $3000.00 and $3400.00 respectively. Overall, there has been an upward trend, with pronounced jumps in years like 2015 and 2018. This variability in tax data reflects broader economic changes and may impact decisions for investors and potential residents considering the tax climate of the county.
Average Total Tax Liability Per Tax Return in Washington County, FL Over the Last 10 Years
Over the last decade, Washington County, Florida has seen a steady rise in average total tax liability per tax return. Starting at $4,854.52 in 2012, it peaked at $6,725.83 in 2021. This increase is notable for investors and potential residents as it reflects both the growing economic activity and possibly higher incomes within the county, making it an intriguing location for financial opportunities and residential growth.
Cost of Living in Washington County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,087 | $1,275 | $2,316 | $1,120 | $870 |
| 1 adult 4 children | $1,087 | $1,041 | $1,775 | $1,120 | $918 |
| 2 adults 3 children | $1,087 | $1,041 | $2,007 | $1,120 | $669 |
| 1 adult 3 children | $1,087 | $850 | $1,466 | $1,120 | $694 |
| 2 adults 2 children | $826 | $853 | $1,699 | $976 | $594 |
| 1 adult 2 children | $826 | $637 | $1,158 | $976 | $521 |
| 2 adults 1 child | $826 | $674 | $1,390 | $507 | $582 |
| 1 adult 1 child | $826 | $435 | $849 | $507 | $469 |
| 2 adults | $628 | $541 | $1,082 | $0 | $510 |
| 1 adult | $623 | $295 | $541 | $0 | $444 |
Safety trends & Data
Washington County, Florida has seen fluctuating property crime rates over the past three years, with "Larceny - Theft" peaking at 51.00 incidents in 2020 before dropping to 10.00 in 2022. Burglary rates decreased from 18.00 in 2019 to 13.00 in 2020. Other crimes like "Forgery and Counterfeiting" and "Vandalism" have notably declined as well, dropping from 5.00 and 12.00 in 2019 to just 1.00 each in 2020. This evolving crime landscape could be pivotal for investors, real estate agents, and new... Read more
Property Crime Trends in Washington County, FL Over the Last 3 Years
Washington County, Florida has observed fluctuating trends in property crimes over the past three years. Notably, "Larceny - Theft" remains the most prevalent issue, peaking at 51.00 incidents in 2020 before dropping significantly to 10.00 in 2022. Burglary rates have also seen a decline from 18.00 in 2019 to 13.00 in 2020. Interestingly, there has been a considerable decrease in "Forgery and Counterfeiting" and "Vandalism", with incidents dropping from 5.00 and 12.00 in 2019 to just 1.00 in 2020. These patterns could inform decisions for investors, real estate agents, and potential residents considering the area, reflecting a possibly decreasing trend in property-related crimes.
Demographics
Washington County, Florida, shows an adult population with a gender skew towards males (10,429) versus females (9,045). The educational attainment is varied, though relatively few residents hold a graduate or professional degree. Age distribution highlights a balanced spread across different age groups, yet there is slight growth in the 55-64 cohort. The county is predominantly White, making up about 84% of the population, followed by Black or African American residents at roughly 15%. The... Read more
Race Distribution in Washington County, Florida (2022)
Educational Attainment in Washington County, Florida (2022)
Age Distribution in Washington County, Florida
Citizen Population in Washington County, Florida (2022)
Political Trends & Data
Washington County, Florida, has demonstrated a strong Republican preference, with about 80% of the votes in the 2020 Presidential Election cast for Republican candidates. The Democratic Party captured approximately 19% of the vote, indicating a notable but smaller presence. Minor parties collectively received less than 1%, showcasing a limited yet present diversity in political leanings. This political landscape could imply a solid, though not definitive, Republican dominance among the local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Washington County, Florida, has shown a pronounced preference for Republican candidates, with roughly 80% of votes cast in their favor during the 2020 U.S. Presidential Election. The Democratic Party received around 19% of the vote, indicating a significant but secondary presence. Minor parties such as the Libertarian and Green parties garnered less than 1%, highlighting a limited but existent diversity in political preferences. This distribution may suggest a strong, albeit not absolute, Republican leaning among the county’s electorate.
80.12% of voters voted for the Republican party in the 2020 Presidential Election
19.04% of voters voted for the Democrat party in the 2020 Presidential Election
0.56% 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
0.16% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Washington County, Florida, the student-to-teacher ratio has fluctuated significantly over the last decade, ranging from 11 students per teacher in 2017 to nearly 19 in 2020. While sometimes below the national average of 14, recent trends suggest rising ratios, potentially exceeding the norm. These fluctuations might be key for investors, prospective residents, and educational planners, as they may affect perceived educational quality and property values. Real estate agents, appraisers, and... Read more
Student-to-teacher ratio in Washington County, Florida over the last 10 years
Over the last decade, the student-to-teacher ratio in Washington County, Florida has shown significant fluctuations. The ratio ranged from a low of 11 students per teacher in 2017 up to nearly 19 in 2020. Despite being below the national average of 14 students per teacher for several years, the recent trend has been towards higher ratios, potentially exceeding the national norm. These changes might influence decisions for investors, prospective residents, and those involved in educational planning, as a higher student-to-teacher ratio can affect the quality of education and available support for students. For real estate agents and appraisers, this metric might impact property values differently based on perceived educational quality. Similarly, insurance agents and property developers could find fluctuating ratios indicative of broader demographic shifts, influencing their risk assessments and development plans.
