Clarke County Real Estate and Livability Trends
Clarke County, Mississippi, displays an intriguing real estate landscape. Median home values have climbed from $65,300 in 2015 to $99,300 in 2022, suggesting a notable appreciation though still lagging behind broader averages. The rising average taxable incomes and increasing investments in energy-efficient homes, as evidenced by residential energy tax credits hitting $1,287.50 in 2021, hint at... Read more
Clarke County Market Trends
Clarke County, Mississippi has experienced a significant rise in median home values, climbing from $65,300 in 2015 to $99,300 in 2022, although still below state and national averages. There's been an upward trend in residential energy tax credits, reaching $1,287.50 in 2021, indicating growing investments in energy-efficient homes. Average real estate taxes have also more than doubled in the... Read more
Median Value of Occupied Housing Units in Clarke County, Mississippi Over the Last 8 Years
Clarke County, Mississippi has seen a steady rise in median home values over the last eight years, starting at $65,300 in 2015 and climbing to $99,300 in 2022. This increase is substantial, especially when compared to the state average, which started higher at $103,100 in 2015 and grew to $151,000 by 2022. However, Clarke County's median values still remain below the national figures, which jumped from $125,500 in 2015 to $179,400 in 2022. For those considering investment or relocation, Clarke County offers a more affordable entry point into home ownership with a solid upward trend in home values.
Residential Energy Tax Credit Per Tax Return in Clarke County, MS Over the Last 9 Years
Over the past nine years, Clarke County, Mississippi has seen a varied trend in average residential energy tax credits per tax return. Starting at around $477.78 in 2013, the credits initially saw some fluctuation, going as low as $409.09 in 2014 but then spiking to $570.00 in 2015 and continuing to rise, hitting $1,020.00 by 2018. Despite a slight decrease in 2019 and 2020, the trend culminated at a significant high of $1,287.50 in 2021. The general upward trajectory suggests that residents are becoming increasingly proactive about energy-efficient investments, which may signal a growing market for related home improvements and could appeal to investors, real estate agents, and residents looking to capitalize on these tax incentives.
Average Real Estate Taxes Per Tax Return in Clarke County, MS Over the Last 10 Years
Over the past decade, Clarke County, Mississippi has seen a notable increase in the average real estate taxes per tax return. Starting from $1,136.54 in 2012, the average has more than doubled, reaching $1,970.59 by 2021. Significant jumps, particularly between 2017 and 2018 where the average soared from $1,551.09 to $2,000.00, highlight potential reassessment events or rising property values. This pattern could imply higher property valuations or escalating tax rates, influencing decisions for investors, homebuyers, and real estate professionals.
Percentage of Farm Returns in Clarke County, MS Over the Last 10 Years
In the past decade, Clarke County, Mississippi has shown a slight uptrend in farm tax returns, increasing from 6.14% in 2012 to 6.95% in 2021. Farm tax returns, representing the percentage of all tax filings related to agricultural income, are an important indicator of the health and presence of farming activities in the area. For potential investors or individuals considering moving to Clarke County, this upward trend suggests a sustained or growing interest in agriculture, reflecting both economic stability in this sector and opportunities tied to farmland investments. This is a critical data point for those evaluating the viability of farming ventures or related services in the county.
Number of Mortgages by Occupancy Type in Clarke County, MS Over the Last 5 Years in Clarke County
Over the past five years in Clarke County, Mississippi, there has been a noticeable fluctuation in mortgage counts by occupancy type. Principal residence mortgages saw a peak in 2021, suggesting a possible surge in primary home purchases or refinancing. Investment property mortgages remained relatively stable, albeit lower, which may imply sustained but cautious investor interest in the region. Second residence mortgages held steady but minimal throughout the period. These trends could influence real estate decisions and market dynamics, highlighting potential shifts in demand and investment strategies. For investors and real estate professionals, understanding these changes can be crucial for forecasting market behavior and tailoring services accordingly.
Economic Outlook
In Clarke County, Mississippi, the average taxable income per tax return has seen some fluctuations over the past nine years, ranging from $44,216.54 in 2016 to $48,292.91 in 2021, with a general upward trend that might signal economic stability and growth. This trend, along with rising average state and local income taxes from $3,928.00 in 2012 to $5,275.00 in 2020, could catch the eye of real estate investors and developers. Additionally, the total tax liability per tax return has varied,... Read more
Average Taxable Income per Tax Return in Clarke County, MS over the last 9 years
Over the last nine years, Clarke County, Mississippi has experienced some fluctuations in average taxable income per tax return, oscillating between a low of $44,216.54 in 2016 and a high of approximately $48,292.91 in 2021. Despite these variances, there has been a general upward trend in recent years, which may signify economic growth and stability, potentially attracting real estate investors and new residents. This trend might also impact property appraisals, insurance premiums, and local tax revenues, making it a point of interest for various stakeholders involved in property development and real estate transactions.
Average State and Local Income Taxes Per Tax Return in Clarke County, MS Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Clarke County, Mississippi has shown a substantial upward trend. Starting at $3,928.00 in 2012, the values peaked at $5,275.00 in 2020, reflecting significant increases that could impact financial planning decisions. These changes might suggest economic growth or changing tax policies in the region, which could be crucial for potential investors, new residents, or property developers to consider.
Average Total Tax Liability Per Tax Return in Clarke County, MS Over the Last 10 Years
Over the last decade in Clarke County, Mississippi, the average total tax liability per tax return has seen a notable fluctuation. Starting at $5,408.11 in 2012 and peaking at $6,948.14 in 2015, there was a decrease to $5,510.38 in 2019, and a small rise to $5,880.36 by 2021. These changes could reflect shifts in income levels, property values, or economic conditions that may influence potential investors, property builders, appraisers, insurance agents, and residents considering the fiscal landscape of the county.
Cost of Living in Clarke County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $961 | $1,416 | $1,877 | $493 | $858 |
1 adult 4 children | $961 | $1,156 | $1,400 | $493 | $890 |
2 adults 3 children | $961 | $1,156 | $1,646 | $493 | $692 |
1 adult 3 children | $961 | $944 | $1,169 | $493 | $675 |
2 adults 2 children | $790 | $947 | $1,416 | $435 | $652 |
2 adults 1 child | $790 | $748 | $1,185 | $246 | $661 |
1 adult 2 children | $790 | $707 | $938 | $435 | $563 |
2 adults | $699 | $601 | $955 | $0 | $639 |
1 adult 1 child | $790 | $483 | $708 | $246 | $552 |
1 adult | $663 | $328 | $477 | $0 | $571 |
Demographics
Clarke County, Mississippi shows a gender imbalance skewed slightly towards females and an educational attainment where most adults have at least high school diplomas, but fewer have bachelor's or graduate degrees. Age distribution indicates a notable segment of the population is middle-aged, specifically between 45 to 64 years. Racially, the county is predominantly White, followed by a significant Black or African American community, with nominal representation from other racial groups. This... Read more
Race Distribution in Clarke County, Mississippi (2022)
Educational Attainment in Clarke County, Mississippi (2022)
Age Distribution in Clarke County, Mississippi
Citizen Population in Clarke County, Mississippi (2022)
Political Trends & Data
Clarke County, Mississippi, appears to lean heavily Republican, with approximately 65% of the 2020 U.S. Presidential Election votes going to the GOP. Democrats saw about 34%, and third-party candidates barely made an impact at under 1%. This voting trend might indicate a deeply rooted partisan divide in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Clarke County, Mississippi, might exhibit a strong Republican preference, as suggested by the approximately 65% of the vote going to the GOP in the 2020 U.S. Presidential Election. The Democrats trailed significantly with around 34%, while third-party and other candidates combined barely made a dent, collectively gathering less than 1% of the votes. This voting pattern potentially highlights a deeply entrenched partisan landscape in the region.
64.97% of voters voted for the Republican party in the 2020 Presidential Election
34.04% of voters voted for the Democrat party in the 2020 Presidential Election
0.34% of voters voted for the Livertarian party in the 2020 Presidential Election
0.17% of voters voted for the Green party in the 2020 Presidential Election
0.49% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Clarke County, Mississippi, the student-to-teacher ratio has seen considerable shifts over the past decade, starting at nearly twelve students per teacher in 2014, peaking at almost fifteen in 2016 and 2017, and then dropping below ten recently. These changes might affect local education infrastructure investments and relocation decisions, as lower ratios typically imply more personalized attention for students and potentially enhanced educational outcomes. Such fluctuations could also... Read more
Student-to-teacher ratio in Clarke County, Mississippi over the last 10 years
Over the last decade, Clarke County, Mississippi has seen a varied student-to-teacher ratio. Starting at nearly twelve students per teacher in 2014, the ratio jumped to almost fifteen in 2016 and 2017, aligning closely with the current national average of 14, before declining to under ten in recent years. This fluctuation may impact decisions for those considering investments in local education infrastructure or those contemplating relocation, as lower ratios could suggest more attention per student and potentially better educational outcomes. Changes in this ratio could also influence property valuations and insurance rates, as educational quality often correlates with desirability of a location.