Claiborne County Real Estate and Livability Trends
Claiborne County, Mississippi experienced an increase in median home values from $53,800 in 2015 to $78,500 in 2022, though it remains more affordable compared to state and national levels. The rise in energy tax credits peaking at $1,600.00 in 2018 hints at local energy efficiency efforts potentially influencing property values and costs. Real estate taxes rose to $2,009.09 in 2019 but saw a... Read more
Claiborne County Market Trends
Claiborne County, Mississippi, has seen its median home values increase from $53,800 in 2015 to $78,500 in 2022, lagging behind the state's jump from $103,100 to $151,000. Nationally, values have grown even more, from $125,500 to $179,400, making Claiborne County relatively affordable with potential for appreciation. Energy tax credits have varied, peaking at $1,600.00 in 2018, hinting at local... Read more
Median Value of Occupied Housing Units in Claiborne County, Mississippi Over the Last 8 Years
Claiborne County, Mississippi, has experienced a steady climb in median home values over the last eight years, rising from $53,800 in 2015 to $78,500 in 2022. This county-level growth, while notable on its own, still lags behind the state's median values, which increased from $103,100 to $151,000 in the same period. Nationally, the contrast is even starker, with the U.S. median home values soaring from $125,500 to $179,400. For potential investors and residents, this suggests Claiborne County may offer relatively more affordable opportunities in comparison to both state and national levels, yet exhibits promising long-term value appreciation.
Residential Energy Tax Credit Per Tax Return in Claiborne County, MS Over the Last 9 Years
Claiborne County, Mississippi has experienced fluctuations in the average residential energy tax credit per tax return over the past nine years. Notable peaks were seen in 2018 with an average of $1600.00, while other years like 2013 had lows around $516.67. This variability could intrigue potential investors and real estate professionals by reflecting changes in local energy efficiency initiatives and property incentives that might affect long-term property values and operating costs. Appraisers and insurance agents might also find these trends useful for assessing property worth and determining risk profiles related to energy efficiency investments.
Average Real Estate Taxes Per Tax Return in Claiborne County, MS Over the Last 10 Years
In Claiborne County, Mississippi, average real estate taxes per tax return have seen a consistent increase over the past decade, peaking at $2,009.09 in 2019. Despite a minor decline since then, the 2021 average remains notably higher than at the start of the period, standing at $1,825.00. This trend could suggest a strengthening property market but also indicates a potential rise in the fiscal responsibilities for homeowners. Investors, appraisers, and those considering a move to the area should take into account these historical data points, as they can impact property valuations, insurance rates, and long-term financial planning.
Percentage of Farm Returns in Claiborne County, MS Over the Last 10 Years
The percentage of farm tax returns in Claiborne County, Mississippi over the last decade has generally fluctuated between 3.36% and 4.22%. This range indicates that farm-related income might contribute somewhat consistently to the local economy but has not seen drastic increases or decreases. The slight uptick to around 4.22% in 2018 suggests a marginal growth period for agricultural activity that investors or property developers may find mildly encouraging. This data could be a key consideration for those evaluating the potential stability and prospects of agricultural investments in the county. Farm tax returns are reports filed by farm owners detailing income from farm activities and expenses incurred. These returns are essential for understanding the financial health of the agricultural sector in a region, as they reflect productivity, profitability, and economic engagement in farming. Investors, residents, or those looking to build in Claiborne County, Mississippi might use this information to gauge the area's economic landscape and potential growth opportunities.
Number of Mortgages by Occupancy Type in Claiborne County, MS Over the Last 5 Years in Claiborne County
In Claiborne County, Mississippi, the number of mortgages for principal residences has shown significant fluctuation over the past five years, peaking at 209 in 2020. Conversely, investment property mortgages have steadily decreased, dropping from 20 in 2018 to just 3 in 2021. Second residences have consistently remained low, maxing out at 7 mortgages. Changes in occupancy type can influence housing demand, property values, and local economic dynamics; higher numbers of principal residences often indicate a stable community, whereas increased investment property might signal growing interest from investors, affecting market competition and pricing. These trends are particularly insightful for investors, real estate agents, and local planners in understanding and strategizing around the county’s housing market shifts.
Economic Outlook
Claiborne County, Mississippi has seen a steady rise in average taxable income per tax return from $31,420.73 in 2013 to $35,008.33 in 2021, suggesting possible economic growth or demographic shifts. Noteworthy fluctuations in average state and local income taxes, peaking at around $4,375.00 in 2021, could reflect significant fiscal policy changes or economic events. With average total tax liability per tax return declining from $5,134.55 in 2013 to $4,307.04 in 2021, there may be evolving... Read more
Average Taxable Income per Tax Return in Claiborne County, MS over the last 9 years
Claiborne County, Mississippi has experienced a notable rise in average taxable income per tax return over the past nine years, with values increasing from $31,420.73 in 2013 to $35,008.33 in 2021. This steady upward trend may suggest a growing local economy or shifts in the demographic earning power, which could be of particular interest to potential investors, real estate professionals, and those seeking to understand the evolving financial landscape of this region.
Average State and Local Income Taxes Per Tax Return in Claiborne County, MS Over the Last 10 Years
Over the past decade, Claiborne County, Mississippi has seen a noteworthy fluctuation in average state and local income taxes per tax return, starting from around $2,795.12 in 2012 and peaking at roughly $4,375.00 in 2021. This variability suggests a dynamic economic landscape that investors and potential property buyers should consider. The noticeable spikes around 2018 and 2019, with taxes climbing up to $4,277.78, indicate periods of significant fiscal policy changes or economic events impacting local financial obligations. Understanding these trends is crucial for any financial planning or investment decisions in the area, as tax burdens can directly influence disposable income and overall cost of living.
Average Total Tax Liability Per Tax Return in Claiborne County, MS Over the Last 10 Years
Average total tax liability per tax return in Claiborne County, Mississippi has shown variable but gradually declining trends over the last decade. From a high of approximately $5134.55 in 2013, the average settled around $4307.04 in 2021, indicating potential changes in local economic conditions or taxpayer behaviors. These shifts might signal evolving property values, investment opportunities, or tax strategies within the area, presenting essential insights for those invested in Claiborne County's real estate and financial landscape.
Cost of Living in Claiborne County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $965 | $1,452 | $1,877 | $555 | $854 |
| 1 adult 4 children | $965 | $1,186 | $1,400 | $555 | $878 |
| 2 adults 3 children | $965 | $1,186 | $1,646 | $555 | $686 |
| 1 adult 3 children | $965 | $968 | $1,169 | $555 | $663 |
| 2 adults 2 children | $771 | $971 | $1,416 | $489 | $623 |
| 2 adults 1 child | $771 | $767 | $1,185 | $273 | $636 |
| 1 adult 2 children | $771 | $725 | $938 | $489 | $533 |
| 2 adults | $683 | $616 | $955 | $0 | $609 |
| 1 adult 1 child | $771 | $496 | $708 | $273 | $525 |
| 1 adult | $647 | $336 | $477 | $0 | $542 |
Safety trends & Data
Claiborne County, Mississippi, has seen fluctuating property crime trends over the past five years. Burglary incidents peaked at 10 cases in 2020 but then dropped dramatically to just 2 cases in 2021. Larceny-theft incidents remained low, never exceeding 6 reported incidents per year, ending with 4 in 2022. Consistent low motor vehicle thefts stayed at 1 per year from 2018 to 2020. Interestingly, fraud incidents peaked at 3 in 2018 but then disappeared for two years before resurfacing as a... Read more
Property Crime Trends in Claiborne County, MS Over the Last 5 Years
Claiborne County, Mississippi, has experienced fluctuating property crime trends over the past five years. Burglary incidents saw a noticeable spike in 2020 at 10 reported cases, down from 6 in prior years, and then dropping dramatically to just 2 cases in 2021. Larceny-theft remained relatively low, showing no more than 6 reported incidents in any given year, culminating at 4 in 2022. Motor vehicle thefts have been consistently low, remaining at 1 per year from 2018 through 2020. Notably, vandalism and fraud also occurred sporadically, with fraud peaking at 3 cases in 2018 and disappearing in 2019 and 2020, only to reappear as a single case in 2021. Potential investors and current residents may view these fluctuations as indicative of proactive measures in crime prevention or varying economic conditions impacting the region.
Demographics
Claiborne County, Mississippi's demographic profile reveals interesting educational and racial composition trends. The adult gender distribution leans slightly female. Educational attainment skews toward high school graduates and those with some college experience, though there is a noteworthy segment without a high school diploma. Age-wise, there's a balanced spread across all age groups with a notable concentration among teens and early adults. Racially, the county is predominantly Black or... Read more
Race Distribution in Claiborne County, Mississippi (2022)
Educational Attainment in Claiborne County, Mississippi (2022)
Age Distribution in Claiborne County, Mississippi
Citizen Population in Claiborne County, Mississippi (2022)
Political Trends & Data
Claiborne County, Mississippi likely leans strongly Democratic, evidenced by 84.78% of the 2020 U.S. Presidential Election vote going to the Democratic candidate. The Republican candidate secured around 13.55% of votes, highlighting a significant gap. Minor parties barely made a dent, underscoring the dominant two-party system in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Claiborne County, Mississippi likely leans heavily Democratic, with an overwhelming 84.78% of the vote in the 2020 U.S. Presidential Election going to the Democratic candidate. The Republican candidate trailed significantly, capturing about 13.55% of the votes. Minor parties such as the Libertarian and Green parties, along with other unspecified groups, collectively garnered a minimal percentage, underscoring the strong two-party system prevalent in this region.
13.55% of voters voted for the Republican party in the 2020 Presidential Election
84.78% 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
0.22% of voters voted for the Green party in the 2020 Presidential Election
1.19% of voters voted for the Other party in the 2020 Presidential Election
School Data
Claiborne County, Mississippi, has seen significant changes in its student-to-teacher ratio over the past decade, with a peak of 19 students per teacher in 2017, which fell to just over 10 by 2023. This drop, now below the national average of 14, could be a signal of improving educational outcomes, making the area more appealing for families. Such shifts may also offer key insights for appraisers and insurance agents into local demographic trends and property... Read more
Student-to-teacher ratio in Claiborne County, Mississippi over the last 10 years
Claiborne County, Mississippi has experienced noticeable fluctuations in its student-to-teacher ratio over the past decade. Ratios peaked in 2017 at 19 students per teacher, which is significantly above the current national average of 14. However, recent years have seen a sharp decrease, dropping to just over 10 students per teacher in 2023, well below the national average. Such changes could be critical for investors, builders, real estate agents, and those considering a move to the area, as smaller class sizes might indicate improved educational outcomes and a potentially more attractive community for families. For appraisers and insurance agents, understanding these trends may also offer insights into demographic shifts and local property values.
