Carroll County Real Estate and Livability Trends
Carroll County, Mississippi has witnessed a solid increase in average taxable income, climbing from $44,123.17 in 2013 to $55,900.24 in 2021, hinting at potential economic strengthening. Median home values have risen from $80,800 in 2015 to $103,700 in 2022, though these remain below state and national medians, suggesting competitive affordability. Property taxes have jumped from $1,356.72 in... Read more
Carroll County Market Trends
Carroll County, Mississippi's real estate market shows intriguing dynamics. Median home values have increased from $80,800 in 2015 to $103,700 in 2022, though still below both state and national medians, suggesting attractive affordability. Energy tax credits per tax return peaked at $1,425.00 in 2017, indicating a potential trend towards energy-efficient investments, though these have settled at... Read more
Median Value of Occupied Housing Units in Carroll County, Mississippi Over the Last 8 Years
Over the last 8 years, the median home value in Carroll County, Mississippi has seen a steady increase, climbing from $80,800 in 2015 to $103,700 in 2022. Despite the upswing, Carroll County's median value still significantly trails both the state of Mississippi, which rose from $103,100 in 2015 to $151,000 in 2022, and the national median, which surged from $125,500 to $179,400 in the same period. This relatively lower cost could make Carroll County an enticing option for those looking to invest or move into more affordable real estate without leaving Mississippi.
Residential Energy Tax Credit Per Tax Return in Carroll County, MS Over the Last 9 Years
In Carroll County, Mississippi, the average Residential Energy Tax Credit per tax return has shown notable fluctuations over the past nine years. Starting at $255.56 in 2013, there was a clear upward trend peaking in 2017 at $1,425.00. While the subsequent years saw a gradual decline, the credit remained significantly higher than its starting point, with $642.86 in 2021. This pattern suggests that homeowners may have been increasingly investing in energy-efficient improvements, particularly from 2013 to 2017, before leveling off. For potential investors or homeowners, this could imply energy-efficient homes are becoming a valuable trend in the area. Real estate agents and appraisers might also consider the implications of energy credits in property valuations and market strategies.
Average Real Estate Taxes Per Tax Return in Carroll County, MS Over the Last 10 Years
Carroll County, Mississippi, has seen a noticeable rise in average real estate taxes per tax return over the past decade. Starting around $1,356.72 in 2012, rates have accelerated notably, peaking at $2,560.00 by 2021. This steep incline since 2017 could signify growing property values or increased municipal demands. For investors, builders, and real estate professionals, this trend may imply rising property valuations and greater tax burdens to account for when planning developments or advising clients. Residents and those considering a move might find these escalating costs influential in their housing decisions.
Percentage of Farm Returns in Carroll County, MS Over the Last 10 Years
Over the past decade, Carroll County, Mississippi has witnessed modest fluctuations in the percentage of farm tax returns. Starting at 8.60% in 2012, the rate increased gradually, peaking around 9.66% in 2018, before dipping slightly and rebounding to approximately 9.24% in 2021. Farm tax returns indicate the proportion of tax filings from agricultural enterprises, offering insight into the rural economic fabric and potential investment viability. Rising percentages may hint at a growth in local farming activities, signaling possible opportunities for agri-business investors or those considering rural property development in the region.
Number of Mortgages by Occupancy Type in Carroll County, MS Over the Last 5 Years in Carroll County
There's a noticeable consistency in the high number of principal residence mortgages in Carroll County, Mississippi, which might indicate a stable or growing local population favoring ownership. Conversely, investment property mortgages show minimal fluctuation, potentially reflecting limited opportunities or investor interest. The second residence category remains comparatively low throughout, possibly implying lesser demand for vacation or secondary homes. Understanding these occupancy trends can guide investors, developers, and real estate agents in making data-driven decisions, ensuring they cater to the predominant need for primary housing while also considering niche markets. Appraisers and insurance agents might find these trends useful for risk assessment and valuation accuracy.
Economic Outlook
Carroll County, Mississippi has experienced a firm upward trend in average taxable income per tax return, escalating from $44,123.17 in 2013 to $55,900.24 in 2021. This increase may hint at a strengthening local economy, influencing property values and making the area attractive for real estate investment. At the same time, state and local income taxes have seen notable jumps, particularly a sharp rise to $9,864.71 in 2021. This could impact financial planning for potential investors and... Read more
Average Taxable Income per Tax Return in Carroll County, MS over the last 9 years
Carroll County, Mississippi has seen a steady increase in average taxable income per tax return over the last nine years, with a notable rise from $44,123.17 in 2013 to $55,900.24 in 2021. These increasing income trends could signify a strengthening local economy, potentially making the county more attractive for investment and real estate development. Rising incomes might also correlate with increasing property values, which appraisers and insurance agents would find valuable when assessing property risks and premiums. Those considering moving to or investing in Carroll County may view the upward income trend as a positive indicator of economic vitality and stability.
Average State and Local Income Taxes Per Tax Return in Carroll County, MS Over the Last 10 Years
Carroll County, Mississippi has experienced notable fluctuations in state and local income taxes per tax return over the past decade. Values ranged from around $4,493.85 in 2012, gradually increasing to $4,997.14 by 2017, before a sharp leap to $6,726.32 in 2018 and surging to $9,864.71 by 2021. This kind of variability may interest potential investors and residents who are evaluating the financial landscape, suggesting that local economic dynamics are quite pronounced.
Average Total Tax Liability Per Tax Return in Carroll County, MS Over the Last 10 Years
Over the last decade in Carroll County, Mississippi, there has been a noticeable upward trend in the average total tax liability per tax return. Starting at $6,735.48 in 2012 and peaking at $7,936.89 in 2021, this data potentially signals economic growth or shifts in tax policy. While there were some fluctuations, such as a dip to $6,830.74 in 2019, the overall increase could be a factor for investors to consider, whether they're real estate agents, appraisers, or insurance agents assessing property risks or values. This trend might also be of interest to those looking to move to Carroll County.
Cost of Living in Carroll County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $932 | $1,432 | $1,877 | $482 | $886 |
| 1 adult 4 children | $932 | $1,169 | $1,400 | $482 | $927 |
| 2 adults 3 children | $932 | $1,170 | $1,646 | $482 | $717 |
| 1 adult 3 children | $932 | $955 | $1,169 | $482 | $676 |
| 2 adults 2 children | $766 | $957 | $1,416 | $416 | $654 |
| 2 adults 1 child | $766 | $757 | $1,185 | $205 | $659 |
| 1 adult 2 children | $766 | $715 | $938 | $416 | $562 |
| 2 adults | $622 | $608 | $955 | $0 | $616 |
| 1 adult 1 child | $766 | $489 | $708 | $205 | $544 |
| 1 adult | $618 | $332 | $477 | $0 | $549 |
Demographics
Carroll County, Mississippi, shows a slight male majority in its adult population. Educational levels vary, with over a third holding just a high school diploma, contrasting with nearly an equal segment having some college or a higher degree. The age distribution skews towards older adults, particularly those in the 35 to 64 age range. The racial landscape is predominantly White and Black or African American, with negligible representation from other racial... Read more
Race Distribution in Carroll County, Mississippi (2022)
Educational Attainment in Carroll County, Mississippi (2022)
Age Distribution in Carroll County, Mississippi
Citizen Population in Carroll County, Mississippi (2022)
Political Trends & Data
In Carroll County, Mississippi, Republican candidates appeared to have dominated recent presidential election outcomes, securing roughly 69% of the vote while Democrats captured about 30%. Minor parties and other candidates seemed to have collectively managed less than 2%. This trend could hint at a robust conservative presence among the local electorate, potentially influencing market dynamics, community investments, and local policy prioritization in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Carroll County, Mississippi, Republican candidates appeared to have garnered a significant majority of votes, with around 69% support, while Democrats seemed to have received approximately 30%. Minor parties, including the Libertarian and Green parties, as well as other candidates, collectively accounted for less than 2% of the vote. This substantial tilt toward the Republican Party might suggest strong conservative leanings within the county's electorate.
68.83% of voters voted for the Republican party in the 2020 Presidential Election
30.33% of voters voted for the Democrat party in the 2020 Presidential Election
0.25% 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
0.47% of voters voted for the Other party in the 2020 Presidential Election
School Data
Carroll County, Mississippi, has seen its student-to-teacher ratio range between 12 and 15 over the past decade, occasionally peaking at 15 in 2016, 2021, and 2022. This variability might suggest changes in school enrollment, teacher supply, or budget cuts, all of which could affect educational quality. A lower student-to-teacher ratio often leads to better individualized attention and improved academic results, enhancing the county's appeal for families. Real estate agents and appraisers might... Read more
Student-to-teacher ratio in Carroll County, Mississippi over the last 10 years
Carroll County, Mississippi, has experienced fluctuations in the student-to-teacher ratio over the last decade, varying between approximately 12 and 15 students per teacher. While the ratio peaked around 15 in 2016, 2021, and 2022, it fell below the national average of 14 in most other years. These changes in the student-to-teacher ratio could indicate shifts in school enrollment, teacher availability, or budgetary adjustments, all of which might influence the quality of education. For those investing in or moving to the area, a lower student-to-teacher ratio generally suggests more personalized attention for students, potentially leading to better academic outcomes and making the county more attractive for families with school-age children. Considering this metric is also important for real estate agents and appraisers, as it can impact property values and desirability in Carroll County.
