Jasper County Real Estate and Livability Trends
Jasper County, Mississippi’s real estate market has shown impressive growth, with median home values climbing from $69,900 in 2015 to $110,400 by 2022, signaling promising investment potential. The steady rise in farm tax returns suggests a burgeoning agricultural economy, highlighting investment opportunities in this sector. Trends in student-to-teacher ratios dropping from 14 in 2014 to 12 in... Read more
Jasper County Market Trends
Jasper County, Mississippi’s real estate market has shown impressive growth, with median home values climbing from $69,900 in 2015 to $110,400 by 2022, outpacing both state and national trends. This trajectory signals a promising investment landscape, potentially appealing to new residents and developers. Additionally, fluctuations in residential energy tax credits, peaking at $1,166.67 in... Read more
Median Value of Occupied Housing Units in Jasper County, Mississippi Over the Last 8 Years
Housing market enthusiasts should note the substantial growth in Jasper County, Mississippi's median home values over the past eight years. Starting at $69,900 in 2015 and rising to $110,400 by 2022, Jasper County's upward trend significantly outpaces both state and national averages proportionally. While Mississippi as a whole saw home values increase from $103,100 in 2015 to $151,000 in 2022, and the U.S. saw values rise from $125,500 to $179,400 within the same period, Jasper County's growth rate is markedly faster. This trend suggests a potentially lucrative investment opportunity in a rising market that could attract new residents and developers keen on benefiting from the county’s accelerating property value growth.
Residential Energy Tax Credit Per Tax Return in Jasper County, MS Over the Last 9 Years
Jasper County, Mississippi has seen notable fluctuations in residential energy tax credits over the past nine years, with incentives ranging from $400.00 in 2014 to a peak of $1166.67 in 2018. This trend may reflect increased investments in energy-efficient home improvements and a growing interest in renewable energy solutions among residents. For investors, real estate agents, and appraisers, this pattern suggests a market that might value energy-efficient properties, potentially impacting property values and insurance considerations. Builders and those planning new developments may want to consider incorporating energy-saving technologies to appeal to this evident local interest.
Average Real Estate Taxes Per Tax Return in Jasper County, MS Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Jasper County, Mississippi have generally been on the rise, with noticeable peaks and fluctuations. The average tax amount jumped significantly in 2018 to $2,773.91, which is a considerable increase compared to previous years. Although there were slight dips in subsequent years, the overall upward trend might suggest ongoing property value appreciation or perhaps shifts in local tax policies. This trend could be crucial for potential investors and property developers aiming to understand long-term taxation impacts and predict future financial obligations accurately.
Percentage of Farm Returns in Jasper County, MS Over the Last 10 Years
Jasper County, Mississippi has seen a fluctuating trend in farm tax returns over the last decade. Starting at approximately 7.08% in 2012, the percentage has generally increased, peaking around 8.57% in 2019. Farm tax returns are filings made by farming businesses to report income and expenses, which can offer insight into the agricultural economy's health. This trend may imply growing agricultural activity or profitability, which could be a good indicator for potential investors and property developers considering entering the market. It could suggest a resilient farming sector that might attract people interested in agricultural opportunities or living in a robust rural community.
Number of Mortgages by Occupancy Type in Jasper County, MS Over the Last 5 Years in Jasper County
Over the last five years in Jasper County, Mississippi, mortgage counts highlight a steady predominance of principal residence mortgages, peaking in 2020 at 619, while second residences and investment properties remained comparatively marginal but stable. This might suggest a community largely driven by long-term residents rather than transient properties or speculative investments. For potential investors or real estate agents, these trends could indicate a robust market for family homes over vacation or rental properties. Builders may focus on primary residence constructions to align with the apparent local demand. Appraisers and insurance agents might note this residential stability when assessing property values or risk profiles.
Economic Outlook
In Jasper County, Mississippi, the average taxable income per tax return has generally hovered between $40,571 and $46,428 over the past nine years, suggesting a modest economic improvement from 2017 to 2021 that might appeal to long-term investors and homebuyers. The local income tax situation has been more volatile, peaking at $7,082.61 in 2020 but slightly dipping to $6,030.43 in 2021, hinting at an increasing tax burden that could impact financial decision-making. Variations in total tax... Read more
Average Taxable Income per Tax Return in Jasper County, MS over the last 9 years
Jasper County, Mississippi has experienced some fluctuations in the average taxable income per tax return over the past nine years, generally hovering between $40,571 and $46,428. Although there were slight dips in 2016 and 2017, the overall trend seems to suggest a modest increase, especially noticeable from 2017 to 2021. These shifts may imply emerging economic stability and could signal a positive environment for potential investors, homebuyers, and real estate professionals looking at long-term growth prospects in the area.
Average State and Local Income Taxes Per Tax Return in Jasper County, MS Over the Last 10 Years
Over the last decade, Jasper County, Mississippi has seen notable fluctuations in average state and local income taxes per tax return. Starting around $3,807.92 in 2012, there's been a significant spike to $7,082.61 by 2020, with a slight dip to $6,030.43 in 2021. This variability, with a peak in 2020, suggests an increasing tax burden that prospective investors and residents should weigh when considering financial commitments in the area. Analyzing this trend may provide insights into the county's economic environment and evolving fiscal policies.
Average Total Tax Liability Per Tax Return in Jasper County, MS Over the Last 10 Years
Over the past decade, Jasper County, Mississippi has shown varied average total tax liabilities per tax return. Peaks were noted in 2013 at $6,512.53 and 2018 at $6,392.18, while the lowest liability was in 2016 at $5,698.21. This fluctuation could reflect economic changes, policy adjustments, or shifts in income levels, providing key insights for investors, real estate agents, and local residents.
Cost of Living in Jasper County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $997 | $1,359 | $1,877 | $563 | $869 |
| 1 adult 4 children | $997 | $1,110 | $1,400 | $563 | $913 |
| 2 adults 3 children | $997 | $1,110 | $1,646 | $563 | $707 |
| 1 adult 3 children | $997 | $907 | $1,169 | $563 | $698 |
| 2 adults 2 children | $766 | $909 | $1,416 | $496 | $633 |
| 2 adults 1 child | $766 | $718 | $1,185 | $279 | $650 |
| 1 adult 2 children | $766 | $679 | $938 | $496 | $548 |
| 1 adult 1 child | $766 | $464 | $708 | $279 | $545 |
| 2 adults | $611 | $577 | $955 | $0 | $600 |
| 1 adult | $608 | $315 | $477 | $0 | $548 |
Safety trends & Data
In Jasper County, Mississippi, property crime trends have shown some variation over the past three years. Notably, larceny-theft has remained steady at roughly 2 reported cases annually, while vandalism decreased slightly from 2 cases in 2020 to 1 in 2022. However, a noticeable uptick in burglary cases was seen in 2022, with incidents jumping to 5. These shifting patterns could matter for potential investors, residents, and service providers considering the... Read more
Property Crime Trends in Jasper County, MS Over the Last 3 Years
In Jasper County, Mississippi, property crime seems to have varied moderately over the past three years. Larceny-theft has remained relatively stable at around 2 reported cases each year, while instances of vandalism have decreased from 2 in 2020 to 1 in 2022. A noticeable increase in burglary was observed in 2022, with reported cases jumping to 5. These trends might signal changing patterns in community safety and could be an important consideration for those planning to invest, move, build, or provide services in the area.
Demographics
Jasper County, Mississippi shows a gender distribution skewed slightly toward females, with around 6480 women compared to approximately 6095 men. Educational attainment levels reflect a significant portion of the population holding a high school diploma or some college experience, while fewer residents possess advanced degrees. Age-wise, the county has a balanced mix across various age groups, with notable numbers in both the under-10 and 55-64 categories. Racially, the population is... Read more
Race Distribution in Jasper County, Mississippi (2022)
Educational Attainment in Jasper County, Mississippi (2022)
Age Distribution in Jasper County, Mississippi
Citizen Population in Jasper County, Mississippi (2022)
Political Trends & Data
Jasper County, Mississippi's real estate scene could be influenced by its politically close-knit community as evidenced by the tight race in the 2020 U.S. Presidential Election, where Democrats may have slightly edged out Republicans. With third parties capturing a tiny fraction of votes, this close two-party competition hints at a possibly diverse or divided electorate that could impact housing demand and preferences based on varying political and potentially socio-economic... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jasper County, Mississippi, the 2020 U.S. Presidential Election saw incredibly close competition between the two major parties, with Democrats possibly edging out Republicans by a narrow margin. Third parties, like Libertarians and Greens, along with others, captured a very small slice of the vote, reflecting a strong two-party dominance in this area. This tight race might suggest a politically diverse or divided electorate within the county.
49.24% of voters voted for the Republican party in the 2020 Presidential Election
49.69% 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
0.07% of voters voted for the Green party in the 2020 Presidential Election
0.65% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the last decade, Jasper County, Mississippi has seen its student-to-teacher ratio drop from 14 students per teacher in 2014 to 12 in 2023. This trend could suggest enhanced individualized attention for students, potentially improving educational outcomes. For investors and real estate agents, this might signal a strengthening school system, making the area more appealing to families. With a ratio now below the national average of 14 students per teacher, Jasper County's education system... Read more
Student-to-teacher ratio in Jasper County, Mississippi over the last 10 years
Over the last decade, Jasper County, Mississippi has seen a decline in its student-to-teacher ratio, dropping from 14 students per teacher in 2014 to 12 in 2023. This trend may indicate a positive shift towards more individualized attention for students, potentially leading to better educational outcomes. For investors and real estate agents, this could suggest a strengthening local school system, making the area more appealing to families. Insurance agents and property builders may also find this data relevant as it can imply a steady or growing population of young families, which could influence policy decisions and the demand for residential development. With the county's ratio now noticeably lower than the national average of 14 students per teacher, Jasper County's education system might be viewed as a more attractive option for prospective homebuyers with school-age children.
