Harrison County Real Estate and Livability Trends
Harrison County, Mississippi's real estate market has experienced a dynamic shift with median home values surging from $137,700 in 2015 to $185,000 in 2022, outpacing both state and national growth rates. The county's real estate taxes rose substantially from $2,479.42 in 2017 to $3,755.84 in 2021, suggesting expanding property valuations but also higher carrying costs. A peak in principal... Read more
Harrison County Market Trends
Harrison County, Mississippi has experienced a noteworthy rise in median home values, from $137,700 in 2015 to $185,000 in 2022, outperforming both state and national growth rates. The average residential energy tax credit per tax return saw dramatic shifts, peaking at around $1,796.43 in 2018, likely reflecting investment in energy efficiency. Real estate taxes also showed a significant... Read more
Median Value of Occupied Housing Units in Harrison County, Mississippi Over the Last 8 Years
Harrison County, Mississippi has seen a steady rise in median home values over the last eight years, jumping from $137,700 in 2015 to $185,000 in 2022. This pace of growth tends to outstrip both state and national averages; Mississippi's median values climbed from $103,100 to $151,000, while the national figures moved from $125,500 to $179,400. For potential investors and homebuyers looking at Harrison County, the stronger appreciation rates here might indicate better long-term investment potential compared to broader state and national markets. Current residents could view this trend as an indicator of growing economic vitality and housing demand in their area.
Residential Energy Tax Credit Per Tax Return in Harrison County, MS Over the Last 9 Years
Over the last nine years, Harrison County, Mississippi has seen a significant upward trend in the average residential energy tax credit per tax return. Starting at an average of around $293.00 in 2013, the amount surged, peaking in 2018 at approximately $1,796.43. Even though there was a dip in 2019 and 2020, 2021 showed an increase again, with an average of $1,164.29. These fluctuations may reflect varying levels of investment in energy-efficient home improvements, which could be an attractive factor for investors and homebuilders interested in energy incentives.
Average Real Estate Taxes Per Tax Return in Harrison County, MS Over the Last 10 Years
Over the past decade, Harrison County, Mississippi has seen a general upward trend in average real estate taxes per tax return, with notable increases from 2017 onwards. The jump from roughly $2,479.42 in 2017 to around $3,341.53 in 2018 suggests a shift in property valuations or tax policies. By 2021, average taxes reached about $3,755.84, indicating potential growth and investment opportunities, though these may also be concerns for potential buyers and investors considering higher carrying costs for properties.
Percentage of Farm Returns in Harrison County, MS Over the Last 10 Years
Over the last decade, farm tax returns in Harrison County, Mississippi generally hovered around 0.50% to 0.62%, showing minor fluctuations. The peak was in 2018 with a modest 0.62%, while the lowest point was in 2020 at approximately 0.49%. Farm tax returns essentially represent the proportion of tax filings tied to agricultural income, serving as an indicator of the agricultural sector's presence and potential profitability in the area. This data may be valuable for potential investors, developers, and residents interested in the economic landscape of Harrison County, particularly those eyeing agricultural opportunities.
Number of Mortgages by Occupancy Type in Harrison County, MS Over the Last 5 Years in Harrison County
Harrison County, Mississippi has seen notable shifts in mortgage counts by occupancy type over the past five years. Mortgages for principal residences spiked in 2021, peaking at 12,440 before slightly dipping to 9,681 in 2022. Conversely, investment property mortgages showed a gradual increase, reaching 950 in 2021 and stabilizing around 929 in 2022. Second residence mortgages remained relatively low but steady. These trends might influence market dynamics significantly; a surge in principal residence purchases could signal a growing demand for residential housing, impacting property values. Meanwhile, a steady interest in investment properties could indicate a stable rental market, which is crucial for investors and real estate agents in forecasting economic health and providing targeted advice.
Economic Outlook
Harrison County, Mississippi, has shown a steady increase in average taxable income per tax return, hitting $61,190.76 in 2021, potentially indicating economic growth and increased disposable income. However, the county has also seen a marked increase in average state and local income taxes, which rose from $4,949.97 in 2012 to an estimated $11,967.17 in 2021, reflecting broader economic shifts. Average total tax liability per tax return has fluctuated, with a notable spike to $9,648.35 in... Read more
Average Taxable Income per Tax Return in Harrison County, MS over the last 9 years
Over the past nine years, Harrison County, Mississippi, has shown a steady increase in average taxable income per tax return, with a notable jump to $61,190.76 in 2021. This ongoing trend could signal robust economic growth and potentially more disposable income for residents. For investors, insurance agents, and real estate professionals, this upward movement might indicate a stable or rising market value in the area. Higher incomes can also mean more significant opportunities and security for new businesses and property developments.
Average State and Local Income Taxes Per Tax Return in Harrison County, MS Over the Last 10 Years
Over the past decade, Harrison County, Mississippi has seen a notable increase in average state and local income taxes per tax return, escalating from $4,949.97 in 2012 to an estimated $11,967.17 in 2021. This upward trend, particularly sharp from 2017 onward, reflects broader economic changes and potentially impacts the cost of living and investment attractiveness in the area. Potential investors or those considering relocation should weigh this tax trend against other factors like local amenities and economic opportunities.
Average Total Tax Liability Per Tax Return in Harrison County, MS Over the Last 10 Years
Harrison County, Mississippi has seen fluctuations in average total tax liability per tax return over the past decade. There was a notable dip to around $7,086.15 in 2014, followed by a general upward trend, culminating in a significant spike to $9,648.35 in 2021. This variability could signal evolving economic conditions, impacting property values and investment opportunities in unpredictable ways. Potential investors, builders, and real estate agents might find this data crucial for understanding tax trends that could affect profit margins and purchasing power.
Cost of Living in Harrison County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,290 | $1,456 | $1,936 | $961 | $1,119 |
| 1 adult 4 children | $1,290 | $1,189 | $1,443 | $961 | $1,194 |
| 2 adults 3 children | $1,290 | $1,189 | $1,698 | $961 | $905 |
| 1 adult 3 children | $1,290 | $971 | $1,206 | $961 | $934 |
| 2 adults 2 children | $949 | $974 | $1,460 | $834 | $750 |
| 1 adult 2 children | $949 | $727 | $968 | $834 | $673 |
| 2 adults 1 child | $949 | $769 | $1,222 | $423 | $713 |
| 1 adult 1 child | $949 | $497 | $730 | $423 | $598 |
| 2 adults | $784 | $618 | $985 | $0 | $622 |
| 1 adult | $711 | $337 | $492 | $0 | $539 |
Safety trends & Data
Harrison County, Mississippi has experienced a notable decline in property crimes over the past five years, which could positively impact property values and attract more buyers. This trend is valuable for insurance agents when adjusting risk assessments and premiums, while homebuilders and appraisers might interpret the lower crime rates as a sign of increased community safety, potentially boosting development and appraisal values. The reductions in fraud and embezzlement could also indicate... Read more
Property Crime Trends in Harrison County, MS Over the Last 5 Years
Harrison County, Mississippi has seen a significant reduction in property crimes over the last five years, with notable declines in burglary and larceny-theft. For investors and real estate agents, this trend can enhance property values and attract more buyers. Insurance agents might find this data useful for adjusting risk assessments and premiums. Homebuilders and appraisers could view the decreased crime rates as a positive indicator for community safety, potentially driving up development and appraisal values. Fraud and embezzlement also dropped notably, which could suggest improved economic stability or effectiveness in local law enforcement.
Demographics
The adult population in Harrison County, Mississippi is slightly skewed towards females. Educational attainment shows a significant portion holding a high school diploma, while those with bachelor's degrees or higher make up a smaller segment. Age distribution reveals a balanced spread across age groups, with noticeable peaks in the 25-34 and 55-64 brackets. The racial composition is predominantly White, followed by Black or African American residents, with smaller percentages of Asian, Native... Read more
Race Distribution in Harrison County, Mississippi (2022)
Educational Attainment in Harrison County, Mississippi (2022)
Age Distribution in Harrison County, Mississippi
Citizen Population in Harrison County, Mississippi (2022)
Political Trends & Data
Harrison County, Mississippi, showed a noticeable Republican inclination in the 2020 Presidential Election, as around 62.00% of voters favored the Republican candidate. About 37.00% backed the Democratic candidate, with minor yet notable support for other parties including Libertarians and Greens. This political leaning could influence local policy decisions, development initiatives, and potentially impacts real estate market trends given the area's strong Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Harrison County, Mississippi, leaned significantly Republican in the 2020 Presidential Election, with approximately 62% of votes going to the Republican candidate. Democrats garnered around 37% support, while Libertarians, Greens, and other parties made up a notably smaller fraction of the vote. This distribution suggests a strong Republican presence, with minor but visible support for third-party candidates.
61.80% of voters voted for the Republican party in the 2020 Presidential Election
36.60% of voters voted for the Democrat party in the 2020 Presidential Election
0.96% of voters voted for the Livertarian party in the 2020 Presidential Election
0.13% of voters voted for the Green party in the 2020 Presidential Election
0.52% of voters voted for the Other party in the 2020 Presidential Election
School Data
Harrison County, Mississippi has experienced a notable decline in its student-to-teacher ratio from a peak of 16.99 in 2016 to 12.73 in 2023. This trend may indicate improving educational resources, making the area more attractive to families and potentially boosting property values. For real estate professionals, appraisers, and insurance agents, these shifts could influence property assessments and risk evaluations. The lower ratio suggests better individual attention for students, adding to... Read more
Student-to-teacher ratio in Harrison County, Mississippi over the last 10 years
Harrison County, Mississippi has seen its student-to-teacher ratio fluctuate over the past decade, peaking at 16.99 in 2016 and experiencing a gradual decline to 12.73 in 2023. This trend could be significant for various stakeholders. For potential investors and real estate professionals, a lower student-to-teacher ratio might suggest improving educational resources and attract families, potentially boosting property values. For appraisers and insurance agents, these trends can impact assessments and risk evaluations, respectively. Additionally, those thinking of relocating might find the improving ratios appealing, indicating better individual attention for students compared to the national average of 14 students per teacher. Understanding these changes could also help educators and policymakers assess resource allocation and educational quality.
