Jefferson County Real Estate and Livability Trends
In Jefferson County, Mississippi, the median home value has risen from $60,500 in 2015 to $76,400 in 2022, still significantly lower than both state and national medians for that year. This cost difference could draw investors or buyers seeking more affordable opportunities, although potential ROI might be slower. Real estate taxes increased from $1,405.88 in 2012 to $2,181.82 in 2021, indicating... Read more
Jefferson County Market Trends
The median home value in Jefferson County, Mississippi has grown from $60,500 in 2015 to $76,400 in 2022, still well below the state median of $151,000 and national median of $179,400 for that year. This cost disparity may attract investors or homebuyers looking for affordable entry points, though returns could be more gradual. The average residential energy tax credit per tax return has risen... Read more
Median Value of Occupied Housing Units in Jefferson County, Mississippi Over the Last 8 Years
Over the past 8 years, the median home value in Jefferson County, Mississippi has seen some fluctuation but ultimately has shown growth, moving from $60,500 in 2015 to $76,400 in 2022. Even though it's climbing, the values remain lower compared to the state median, which hit $151,000 in 2022, and significantly below the national median of $179,400 for the same year. This could indicate potential affordability for investors or homebuyers looking for lower entry points, though the slower growth rate may also suggest more gradual returns on investment compared to other markets.
Residential Energy Tax Credit Per Tax Return in Jefferson County, MS Over the Last 9 Years
Over the past nine years in Jefferson County, Mississippi, the average residential energy tax credit per tax return has shown significant growth, peaking at $1,125.00 in 2018. While there are fluctuations, the overall trend indicates a steady increase from $376.92 in 2013 to $972.73 in 2021. This upward trend may suggest increasing investments in energy-efficient home improvements. Such a pattern is particularly relevant for investors, real estate agents, and property developers who are keen to understand potential financial benefits tied to energy-efficient upgrades. Additionally, appraisers and insurance agents might find this data useful when assessing property value and risk, respectively.
Average Real Estate Taxes Per Tax Return in Jefferson County, MS Over the Last 10 Years
Over the past decade, Jefferson County, Mississippi has shown a noticeable upward trend in average real estate taxes per tax return, increasing from $1,405.88 in 2012 to $2,181.82 in 2021. This continuous rise could potentially indicate a growing investment in public infrastructure and services, which may be attractive to prospective investors and homebuyers interested in long-term community benefits. Real estate agents and property developers might find this data helpful when assessing the financial landscape and advising clients. However, for insurance agents and appraisers, this upward trend implies a need to forecast and factor in higher property tax liabilities.
Percentage of Farm Returns in Jefferson County, MS Over the Last 10 Years
Farm tax returns in Jefferson County, Mississippi have seen some fluctuations over the past decade, generally hovering around 5% to 6%. There is a gradual upward trend, peaking at 6.00% in 2021. This can suggest an increasing number of farm businesses are becoming significant enough to file tax returns. Investors and property developers might find this trend indicative of sustained or growing agricultural activity, which could factor into land value and local economic stability. This pattern might also appeal to those looking into agribusiness ventures or moving to a community with strong farming roots.
Number of Mortgages by Occupancy Type in Jefferson County, MS Over the Last 5 Years in Jefferson County
Jefferson County, Mississippi has seen notable fluctuations in mortgage types over the last five years, with a consistent preference for principal residences. Investment properties have seen a decline, dropping from 11 in 2018 to just 2 in 2021, while mortgages for principal residences have steadily increased, peaking at 202 in 2021. Second residences, although less common, experienced a brief jump in 2020. Shifts in occupancy types can indicate changing market dynamics—like a rising demand for primary homes or a dip in interest for investments, affecting decisions for investors, builders, and real estate agents. Understanding these trends can also help appraisers and insurance agents assess property values and risks more accurately.
Economic Outlook
In Jefferson County, Mississippi, the average taxable income has gently fluctuated around $32,000.00 to $34,000.00 over the past nine years, with a noticeable climb to $36,268.03 in 2021. This upward trend might suggest a gradually growing economic base, hinting at moderate increases in property valuations. Meanwhile, state and local income taxes have shown variability, peaking at $3,550.00 in 2020, which could complicate financial planning for potential investors. Total tax liabilities have... Read more
Average Taxable Income per Tax Return in Jefferson County, MS over the last 9 years
Over the past nine years, Jefferson County, Mississippi has seen its average taxable income per tax return fluctuate gently, with figures hovering mostly between approximately $32,000.00 and $34,000.00. There's a noticeable upwards trend in 2021, bringing the average closer to $36,268.03. For investors and real estate agents, this trend may indicate a growing economic base, albeit slowly, possibly leading to higher valuations and a more robust market. Appraisers and insurance agents might infer that homeowners could bear more financial liabilities, affecting premiums and home values. Overall, Jefferson County's economic health seems relatively stable, but the slight upward trend could hint at modest future growth.
Average State and Local Income Taxes Per Tax Return in Jefferson County, MS Over the Last 10 Years
Jefferson County, Mississippi has experienced fluctuations in average state and local income taxes per tax return over the past decade. Starting at $2,295.65 in 2012, there was a noticeable increase, peaking at $3,550.00 in 2020. These changes suggest variability that could impact financial planning for potential residents and investors. The tax landscape demonstrates a degree of unpredictability, potentially affecting the attractiveness of long-term investments and property development.
Average Total Tax Liability Per Tax Return in Jefferson County, MS Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Jefferson County, Mississippi has shown notable fluctuations. Peaks were observed in 2013 at $4,701.67 and in 2015 at $4,614.12. These shifts suggest a potentially volatile economic environment, which may be of interest to investors and real estate agents considering the area's tax dynamics. Appraisers and insurance agents might also need to factor in these changes when assessing property values and risks.
Cost of Living in Jefferson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,037 | $1,347 | $1,877 | $509 | $830 |
| 1 adult 4 children | $1,037 | $1,100 | $1,400 | $509 | $852 |
| 2 adults 3 children | $1,037 | $1,101 | $1,646 | $509 | $668 |
| 1 adult 3 children | $1,037 | $898 | $1,169 | $509 | $647 |
| 2 adults 2 children | $766 | $901 | $1,416 | $442 | $592 |
| 2 adults 1 child | $766 | $712 | $1,185 | $225 | $604 |
| 1 adult 2 children | $766 | $673 | $938 | $442 | $506 |
| 1 adult 1 child | $766 | $460 | $708 | $225 | $498 |
| 2 adults | $582 | $572 | $955 | $0 | $556 |
| 1 adult | $578 | $312 | $477 | $0 | $503 |
Safety trends & Data
Jefferson County, Mississippi's property crime trends have fluctuated, with burglaries rising from 2 in 2020 to 3 in 2021, and larceny-theft appearing with 2 instances in 2021 after no reports the previous year. These nuances highlight the need for potential investors and residents to stay informed about local crime patterns, and real estate professionals should factor these trends into their assessments and... Read more
Property Crime Trends in Jefferson County, MS Over the Last 2 Years
Jefferson County, Mississippi has seen varied property crime trends over the past two years. In 2020, reports indicated 2 burglaries and a single case of forgery and counterfeiting. The following year, burglary incidents slightly increased to 3, while there were 2 instances of larceny-theft. These fluctuations underscore the importance for potential investors and residents to stay informed about local crime patterns. Real estate agents and insurance agents should consider these crime trends when advising clients or assessing property values and risks.
Demographics
Jefferson County, Mississippi showcases intriguing demographic features. The population skews slightly female with educational attainment primarily tipping towards high school graduates and those with some college experience but no degree. The area's age distribution is relatively balanced, with notable segments in both the senior and middle-aged brackets. Racially, the county is predominantly African American, which might shape the cultural and community dynamics. Understanding these patterns... Read more
Race Distribution in Jefferson County, Mississippi (2022)
Educational Attainment in Jefferson County, Mississippi (2022)
Age Distribution in Jefferson County, Mississippi
Citizen Population in Jefferson County, Mississippi (2022)
Political Trends & Data
In Jefferson County, Mississippi, the 2020 U.S. Presidential Election demonstrated a strong Democratic preference, with roughly 85% of the vote going Democratic. Republican support was much lower, at about 14%, and minor parties barely registered, collectively earning less than 1%. This trend could suggest a consistently Democratic-leaning voter base, though analyzing historical voting patterns and broader state trends would provide a clearer... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jefferson County, Mississippi, the 2020 U.S. Presidential Election saw a significant leaning towards Democratic candidates, with approximately 85% of the vote. Republican support was notably lower, capturing around 14% of the votes. Minor parties such as Libertarians, Greens, and others garnered minimal support, each receiving less than 1% of the total vote. This distribution might indicate a strong Democratic presence in the county, though it's always wise to consider broader trends and historical context for comprehensive insights.
13.59% of voters voted for the Republican party in the 2020 Presidential Election
85.13% of voters voted for the Democrat party in the 2020 Presidential Election
0.36% of voters voted for the Livertarian party in the 2020 Presidential Election
0.15% of voters voted for the Green party in the 2020 Presidential Election
0.77% of voters voted for the Other party in the 2020 Presidential Election
School Data
Jefferson County, Mississippi, has seen its student-to-teacher ratio drop from about 16 students per teacher in 2017 to roughly 11 students per teacher in 2023. This shift suggests a more favorable setting for personalized education when compared to the national average of 14 students per teacher. For investors, real estate agents, or families eyeing relocation, this can hint at smaller class sizes and possibly superior educational quality, making the county an attractive spot for those valuing... Read more
Student-to-teacher ratio in Jefferson County, Mississippi over the last 10 years
Jefferson County, Mississippi has experienced notable fluctuations in its student-to-teacher ratio over the last decade. The ratio peaked at around 16 students per teacher in 2017 and has since steadily declined, reaching approximately 11 students per teacher in 2023. This trend indicates a favorable environment for personalized education compared to the national average of 14 students per teacher. For potential investors, real estate agents, or families considering relocation, this low student-to-teacher ratio could imply smaller class sizes and potentially higher quality of education, appealing to those prioritizing educational outcomes.
