Amite County Real Estate and Livability Trends
In Amite County, Mississippi, the real estate market hints at affordability with median home values rising from $71,600 in 2015 to $91,400 in 2022, remaining well below state and national medians. The increase in average taxable income to $51,256.04 in 2021 indicates a resilient economy, potentially attractive to investors and home buyers. The steady climb in real estate taxes from $889.33 in... Read more
Amite County Market Trends
In Amite County, Mississippi, median home values have grown steadily from $71,600 in 2015 to $91,400 in 2022, yet remain significantly below the state and national medians, suggesting a potentially affordable investment opportunity. The average residential energy tax credit per return, peaking at $800.00 in 2017, indicates sporadic but notable interest in energy-efficient home improvements, which... Read more
Median Value of Occupied Housing Units in Amite County, Mississippi Over the Last 8 Years
In Amite County, Mississippi, median home values have seen a steady increase over the past eight years, going from $71,600 in 2015 to $91,400 in 2022. This growth, while consistent, still lags behind the state's median, which reached $151,000 in 2022, and the national median, which spiked to $179,400 the same year. These disparities suggest that Amite County could present a more affordable investment opportunity compared to broader markets, appealing particularly to those looking to buy property without the steep price tags found elsewhere.
Residential Energy Tax Credit Per Tax Return in Amite County, MS Over the Last 8 Years
In Amite County, Mississippi, the average residential energy tax credit per tax return has shown notable fluctuations over the past eight years. Noteworthy spikes occurred, such as in 2017 where the credit surged to $800.00, indicating potential incentives or programs that may have driven higher energy-efficient investments that year. On average, the credit values tend to hover closer to the $400.00-$500.00 range, suggesting a continual interest in energy-saving initiatives among homeowners. This could imply a growing trend toward sustainability which might attract environmentally conscious investors, residents, and real estate professionals aiming to cater to energy-efficient demands. For insurance agents and appraisers, updated knowledge of such trends is essential for evaluating property values and premiums accurately.
Average Real Estate Taxes Per Tax Return in Amite County, MS Over the Last 10 Years
The average real estate taxes per tax return in Amite County, Mississippi have seen a marked increase over the last decade, rising from $889.33 in 2012 to $1585.71 in 2021. This general upward trend could suggest a strengthening real estate market or higher property valuations in the area. For potential investors, this could mean a more lucrative market but may also imply higher ongoing costs. Real estate agents and appraisors might find this data useful in setting expectations for pricing and appraisal values, while insurance agents may want to consider these trends when calculating risk and premiums. This data provides valuable insights for anyone considering property-related decisions in Amite County.
Percentage of Farm Returns in Amite County, MS Over the Last 10 Years
Over the last decade, Amite County, Mississippi has mostly seen a gradual increase in the percentage of farm tax returns filed, peaking at approximately 11.98% in 2018 before a slight decline in 2019 and 2020. Farm tax returns are essentially tax filings that represent income generated through farming activities, and an increasing percentage may hint at a robust agricultural sector. For investors and property developers, this upward trend emphasizes a potentially thriving local farming economy which could present opportunities for agricultural investments or partnerships. Prospective residents might view the strong farming presence as a sign of community stability and local heritage.
Number of Mortgages by Occupancy Type in Amite County, MS Over the Last 5 Years in Amite County
Over the past five years in Amite County, Mississippi, principal residences have dominated mortgage counts, while investment properties and second residences have seen relatively low numbers. Understanding these trends can be crucial for investors and real estate agents as they indicate market demand and potential profitability for different property types. For appraisers and insurance agents, the significant skew towards principal residences may affect property valuations and risk assessments. Builders and those considering moving to or investing in the county can glean insights into where the most consistent housing demand lies.
Economic Outlook
In Amite County, Mississippi, the average taxable income per tax return has shown a general upward trend over the past nine years, capped by a notable increase to $51,256.04 in 2021. This upward tick suggests a resilient local economy, potentially attracting both investors and home buyers. Concurrently, average state and local income taxes have risen significantly, reaching $6,753.85 in 2021, perhaps reflecting economic growth or tax policy shifts. Additionally, average total tax liability... Read more
Average Taxable Income per Tax Return in Amite County, MS over the last 9 years
Over the past nine years, average taxable income per tax return in Amite County, Mississippi has displayed gradual fluctuations. Starting at around $43,928.48 in 2013, it saw a rise to $46,679.92 in 2014, followed by some minor dips and increases. Notably, 2018 marked a significant peak at $47,262.94. The biggest jump occurred in 2021 with an average taxable income reaching $51,256.04. This trend can offer some optimism for potential investors and real estate agents considering the area, indicating a resilient local economy with potential for personal income growth.
Average State and Local Income Taxes Per Tax Return in Amite County, MS Over the Last 10 Years
For those looking to invest in or relocate to Amite County, Mississippi, the average state and local income taxes per tax return have shown noticeable variation over the last decade. From $4,013.16 in 2012, there has been a general upward trend with a significant rise in 2020 to $6,157.14, and further to $6,753.85 in 2021. These incremental increases might reflect economic growth or shifts in tax policies, which could be crucial for understanding the financial climate here.
Average Total Tax Liability Per Tax Return in Amite County, MS Over the Last 10 Years
Average total tax liability per tax return in Amite County, Mississippi has fluctuated over the last decade, peaking at $7,052.62 in 2014 and dropping to its lowest at $5,800.00 in 2020. Recent data shows a rebound to $6,789.75 in 2021. This variability indicates potential economic shifts and tax policy changes that investors, home buyers, and real estate professionals should consider when evaluating the financial climate in the area. Homeowners and tax planners might also find this information relevant for forecasting future liabilities.
Cost of Living in Amite County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $959 | $1,339 | $1,877 | $562 | $843 |
| 1 adult 4 children | $959 | $1,094 | $1,400 | $562 | $873 |
| 2 adults 3 children | $959 | $1,094 | $1,646 | $562 | $681 |
| 1 adult 3 children | $959 | $893 | $1,169 | $562 | $664 |
| 2 adults 2 children | $766 | $896 | $1,416 | $488 | $621 |
| 2 adults 1 child | $766 | $708 | $1,185 | $250 | $631 |
| 1 adult 2 children | $766 | $669 | $938 | $488 | $536 |
| 1 adult 1 child | $766 | $457 | $708 | $250 | $524 |
| 2 adults | $611 | $569 | $955 | $0 | $588 |
| 1 adult | $608 | $310 | $477 | $0 | $533 |
Demographics
The demographic trends in Amite County, Mississippi offer a nuanced picture of the local population. With nearly equal male and female adults, there is a slight female majority. Educational attainment indicates that most residents have at least a high school diploma, although lower rates of higher education could hint at limited opportunities or prioritization of immediate employment. Age distribution shows a significant proportion of the population in middle age to senior years, which might... Read more
Race Distribution in Amite County, Mississippi (2022)
Educational Attainment in Amite County, Mississippi (2022)
Age Distribution in Amite County, Mississippi
Citizen Population in Amite County, Mississippi (2022)
Political Trends & Data
In Amite County, Mississippi, the 2020 U.S. Presidential Election results hint that around 63% of the votes likely went to Republican candidates, with roughly 36% supporting Democrats. Minimal support was seen for Libertarian and Green parties, each with less than 1%, which might indicate a strong two-party preference in the electorate. This could suggest that third-party candidates face significant hurdles in gaining traction... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Amite County, Mississippi, the 2020 U.S. Presidential Election results indicate that Republican voters possibly held a significant majority, with approximately 63% of the vote compared to around 36% for Democrats. Votes for Libertarian and Green parties were notably minimal, each securing less than 1%, while other parties collectively also garnered under 1%. This pattern may suggest a predominantly two-party preference among the electorate, highlighting a potential challenge for third-party candidates to gain traction in the region.
62.58% of voters voted for the Republican party in the 2020 Presidential Election
36.41% of voters voted for the Democrat party in the 2020 Presidential Election
0.29% of voters voted for the Livertarian party in the 2020 Presidential Election
0.14% of voters voted for the Green party in the 2020 Presidential Election
0.58% of voters voted for the Other party in the 2020 Presidential Election
School Data
Amite County, Mississippi has maintained student-to-teacher ratios below the national average of 14 students per teacher, often hovering around 13. This trend of small class sizes might hint at more individualized attention, possibly boosting educational outcomes, which in turn could appeal to families moving to the area. For investors and real estate agents, this could enhance the attractiveness of local properties and potentially impact appraisal values... Read more
Student-to-teacher ratio in Amite County, Mississippi over the last 10 years
Amite County, Mississippi has consistently maintained a low student-to-teacher ratio over the past decade, with figures predominantly hovering below the national average of fourteen students per teacher. Peak ratios in 2016 and 2017 reached nearly thirteen students per teacher, but these remain outliers in an otherwise stable trend of small class sizes. For families considering moving to the area, these low ratios could hint at more individualized attention in classrooms, possibly leading to better educational outcomes. Investors and real estate agents might view this as a selling point, enhancing the appeal of local properties. Meanwhile, this could impact appraisal values positively and might inform insurance agents about the potential for lower risks associated with local education quality.
