Coahoma County Real Estate and Livability Trends
Coahoma County, Mississippi's average taxable income rose to $41,998.54 in 2021 from $36,981.73 in 2013, indicating potential economic growth and making the area appealing for investors and developers. Median home values have climbed from $61,900 in 2015 to $84,400 in 2022, still below state and national averages, suggesting affordable investment opportunities. With rising average real estate... Read more
Coahoma County Market Trends
The median home values in Coahoma County, Mississippi have been steadily climbing from $61,900 in 2015 to $84,400 in 2022, although still below state ($151,000) and national ($179,400) averages, suggesting potential for affordable investments. Fluctuations in residential energy tax credits, peaking at $1,575.00 in 2018, indicate a push for energy-efficient upgrades, potentially enhancing property... Read more
Median Value of Occupied Housing Units in Coahoma County, Mississippi Over the Last 8 Years
Over the past eight years, median home values in Coahoma County, Mississippi have shown a steady increase, rising from $61,900 in 2015 to $84,400 in 2022. This upward trend, while positive, still places the county’s median home values significantly below the state average of $151,000 and the national average of $179,400 in 2022. This could suggest opportunities for more affordable investments in Coahoma County, especially compared to the broader Mississippi and U.S. markets.
Residential Energy Tax Credit Per Tax Return in Coahoma County, MS Over the Last 9 Years
Coahoma County, Mississippi has shown notable fluctuations in the average residential energy tax credit per tax return over the past nine years. There's a trend of gradual increases from $283.33 in 2013 to a significant peak of $1,575.00 in 2018. Such spikes may reflect increasing investments in energy-efficient home improvements and upgrades during certain periods. This information is potentially valuable for real estate agents, appraisers, and insurance agents assessing property values and insurance needs, as energy-efficient amenities generally enhance property appeal and reduce utility costs. Investors and potential residents might find this data encouraging, as it implies ongoing efforts to improve residential energy efficiency in the county.
Average Real Estate Taxes Per Tax Return in Coahoma County, MS Over the Last 10 Years
In Coahoma County, Mississippi, there's been a noticeable upward trend in average real estate taxes over the past decade, starting from $1,975.89 in 2012 and reaching $3,530.77 by 2021. This steady increase could signal a robust property market or rising valuations, which may interest prospective investors and developers. For current homeowners and potential buyers, the rising tax rates might require thoughtful budgeting or influence property affordability. Insurance agents and appraisers may want to pay attention to these trends as they could impact property values and risk assessments. Real estate professionals should also be aware of these figures to provide accurate advice to clients.
Percentage of Farm Returns in Coahoma County, MS Over the Last 10 Years
Over the last decade in Coahoma County, Mississippi, the percentage of farm tax returns has seen slight fluctuations, hovering around 1.0% to 1.5%. Peaks were seen in 2012 and 2017 at roughly 1.45%, while the lowest point was about 1.08% in 2020. Farm tax returns represent the portion of all tax returns in the county that are filed by agricultural producers, indicating the economic activity related to farming. This steady yet relatively low percentage might imply consistent agricultural involvement but potentially limited growth or investment in farming sectors, a critical insight for anyone eyeing property or economic ventures in the area.
Number of Mortgages by Occupancy Type in Coahoma County, MS Over the Last 5 Years in Coahoma County
In Coahoma County, Mississippi, over the last five years, the number of mortgages for principal residences consistently outnumbers those for investment properties and second residences. For instance, in 2022, principal residences accounted for 368 mortgages compared to 31 for investment properties and 9 for second residences. This dominance of principal residence mortgages suggests a stable homeowner base, which could be attractive for long-term investments and community planning. Changes in occupancy type matter as they influence local economic stability, impact property values, and affect insurance premiums. Real estate agents, appraisers, and insurance agents might find these trends useful for assessing market dynamics and advising clients.
Economic Outlook
Coahoma County, Mississippi's upward trend in average taxable income, which reached $41,998.54 in 2021 compared to $36,981.73 in 2013, suggests potential economic growth making the area attractive for investors and developers. The noticeable fluctuations in state and local taxes, especially the jump to $8,543.75 in 2020, indicate a shifting fiscal landscape that may impact economic evaluations. Additionally, the decline in average total tax liability, from $7,776.64 in 2012 to $6,460.10 in... Read more
Average Taxable Income per Tax Return in Coahoma County, MS over the last 9 years
The average taxable income in Coahoma County, Mississippi has seen a generally upward trend over the last nine years, with notable increases particularly from 2018 onwards. In 2021, the average income hit $41,998.54, reflecting a significant rise compared to $36,981.73 in 2013. This pattern could indicate economic growth, making the county potentially more attractive for investors, developers, and individuals looking to relocate. Real estate agents may find this data particularly useful for setting competitive prices, while appraisers and insurance agents might consider this income trend in their assessments and policies.
Average State and Local Income Taxes Per Tax Return in Coahoma County, MS Over the Last 10 Years
Over the past decade, Coahoma County, Mississippi has seen fluctuations in average state and local income taxes per tax return, with notable increases in recent years. From a low of approximately $5,038.26 in 2017, the average tax burden spiked to around $8,543.75 by 2020. While 2018 and 2019 also experienced moderate increases, the jump in 2020 could signal a broader economic impact or a shift in policy. This data suggests a potentially changing financial landscape that might interest investors or potential residents evaluating the economic health and fiscal policies of the area.
Average Total Tax Liability Per Tax Return in Coahoma County, MS Over the Last 10 Years
Coahoma County, Mississippi has seen a noticeable decline in average total tax liability per tax return over the past decade, dipping from approximately $7,776.64 in 2012 to around $6,460.10 in 2021. This trend might indicate a series of economic factors impacting the area, potentially resulting from shifts in employment, income levels, and property values. For investors, builders, real estate agents, appraisers, and insurance agents, these figures could suggest changing financial dynamics within the county, influencing property investment, valuations, and risk assessment.
Cost of Living in Coahoma County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,038 | $1,387 | $1,877 | $557 | $802 |
| 2 adults 3 children | $1,038 | $1,133 | $1,646 | $557 | $639 |
| 1 adult 4 children | $1,038 | $1,133 | $1,400 | $557 | $804 |
| 1 adult 3 children | $1,038 | $925 | $1,169 | $557 | $605 |
| 2 adults 2 children | $766 | $928 | $1,416 | $484 | $553 |
| 2 adults 1 child | $766 | $733 | $1,185 | $248 | $566 |
| 1 adult 2 children | $766 | $693 | $938 | $484 | $464 |
| 2 adults | $678 | $589 | $955 | $0 | $555 |
| 1 adult 1 child | $766 | $474 | $708 | $248 | $451 |
| 1 adult | $600 | $321 | $477 | $0 | $479 |
Safety trends & Data
Coahoma County, Mississippi has reported consistently low property crimes over the last four years, with minor incidents involving motor vehicle theft, burglary, and vandalism. In 2018, there was just one motor vehicle theft reported, followed by one burglary each in 2019 and 2020, and a single vandalism case in 2022. These crime trends may suggest stability and lower risk for property investors, appraisers, and potential residents evaluating community... Read more
Property Crime Trends in Coahoma County, MS Over the Last 4 Years
Coahoma County, Mississippi has seen a low incidence of property crimes over the last four years, with reported incidents primarily involving motor vehicle theft, burglary, and vandalism. In 2018, motor vehicle theft was reported once, while 2019 and 2020 each saw one case of burglary, and 2022 experienced a single instance of vandalism. For investors, appraisers, insurance agents, and potential residents, these trends suggest a relatively stable and low level of property-related crimes, which might impact considerations for property investment and community safety evaluations.
Demographics
Coahoma County, Mississippi shows an interesting split in gender demographics with slightly more females than males. Educationally, the county seems to have a higher proportion of residents with some college education but no degree, followed by high school graduates. The younger age brackets—especially those under 10 and 25 to 34 years—make up a significant chunk of the population, perhaps indicating a relatively young community. Racially, the county is predominantly Black or African... Read more
Race Distribution in Coahoma County, Mississippi (2022)
Educational Attainment in Coahoma County, Mississippi (2022)
Age Distribution in Coahoma County, Mississippi
Citizen Population in Coahoma County, Mississippi (2022)
Political Trends & Data
Coahoma County, Mississippi, shows a significant Democratic lean, with approximately 71% of the 2020 U.S. Presidential Election votes going to the Democratic Party. Republican candidates secured around 28%, while minor parties, including Libertarian and Green, collectively captured less than 1%. This political trend suggests a strong local preference for Democratic policies and could influence various aspects of community planning and development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Coahoma County, Mississippi, the 2020 U.S. Presidential Election results indicated a clear trend towards the Democratic Party, securing approximately 71% of the vote. Republican candidates trailed significantly, capturing around 28%. Minor parties, including Libertarian and Green, collectively garnered less than 1% of the vote, with other parties making up just about 0.8%. This voting pattern could suggest a strong Democratic alignment in local political climate.
27.94% of voters voted for the Republican party in the 2020 Presidential Election
70.82% of voters voted for the Democrat party in the 2020 Presidential Election
0.24% of voters voted for the Livertarian party in the 2020 Presidential Election
0.16% of voters voted for the Green party in the 2020 Presidential Election
0.85% of voters voted for the Other party in the 2020 Presidential Election
School Data
Coahoma County, Mississippi has experienced a significant change in its student-to-teacher ratio, peaking at nearly 16:1 in 2017 and dropping to about 13:1 in 2023, slightly below the national average. These improved educational conditions could be a positive indicator for those considering relocation or investment, potentially driving higher property values. Improved school resources might also appeal to insurance agents as a marker of community... Read more
Student-to-teacher ratio in Coahoma County, Mississippi over the last 10 years
Coahoma County, Mississippi has seen a notable fluctuation in its student-to-teacher ratio over the last decade, peaking at nearly 16 students per teacher in 2017 before gradually decreasing to approximately 13 in 2023. This trend brings the current ratio slightly below the national average of 14 students per teacher, potentially indicating improved learning conditions in the county's schools. For real estate agents and those interested in relocating or investing, these changes might suggest enhanced educational resources. Appraisers and property developers could interpret lower student-to-teacher ratios as a positive selling point, reflecting a commitment to education quality which could drive higher property values. Insurance agents might view this as a favorable factor when evaluating risk, associating better educational environments with more stable communities.
