Pearl River County Real Estate and Livability Trends
Pearl River County, Mississippi has seen average taxable income per tax return peak at $55,834.97 in 2021 from around $45,298.01 in 2013, indicating a potentially strengthening local economy. Median home values have steadily risen from $114,100 in 2015 to $167,700 in 2022, surpassing state averages and nearing national levels, which might appeal to investors and realtors. Property crime trends... Read more
Pearl River County Market Trends
The median home values in Pearl River County, Mississippi, have steadily risen from $114,100 in 2015 to $167,700 in 2022, outpacing the state median particularly after 2020 and nearing national levels. Residential energy tax credits per tax return experienced a notable peak in 2018, indicating increased investments in energy-efficient home upgrades, potentially influencing property valuations and... Read more
Median Value of Occupied Housing Units in Pearl River County, Mississippi Over the Last 8 Years
The median home values in Pearl River County, Mississippi have shown a consistent and strong upward trajectory over the last eight years, jumping from $114,100 in 2015 to $167,700 in 2022. When compared to the state of Mississippi, Pearl River County's growth appears more robust, particularly post-2020 where it significantly outpaces the state median. It’s also tracking fairly close to the national median, though still slightly below, reflecting a competitive position for potential investors or new residents looking for growing value without the peak national price points.
Residential Energy Tax Credit Per Tax Return in Pearl River County, MS Over the Last 9 Years
Pearl River County, Mississippi has seen significant fluctuations in residential energy tax credits per tax return over the past nine years, with a notable surge in 2018 reaching as high as $2,257.14. This upward trend, especially the peaks in 2016, 2017, and 2018, suggests growing adoption of energy-efficient practices and possibly higher investments in renewable energy technologies by homeowners. It’s important to note that these credits can impact property valuations and energy costs, making Pearl River County an intriguing area for real estate agents, appraisers, and insurance agents to keep an eye on.
Average Real Estate Taxes Per Tax Return in Pearl River County, MS Over the Last 10 Years
Over the last decade, Pearl River County, Mississippi, has seen a noticeable upward trend in real estate taxes per tax return. Starting from approximately $1,664.22 in 2012, the average increased steadily, reaching around $2,677.46 by 2021. The most significant jump occurred between 2017 and 2018, where the average leapt from about $1,945.36 to $2,548.24. This trend suggests a growing property tax burden, which could impact decisions for potential investors, homebuyers, appraisers, and real estate agents.
Percentage of Farm Returns in Pearl River County, MS Over the Last 10 Years
Over the last decade, the percentage of farm returns in Pearl River County, Mississippi has likely experienced minor fluctuations, wavering between a peak of around 3.67% in 2014 and a low of approximately 2.89% in 2020. Farm tax returns, which report income and expenses from agricultural activities, serve as a key indicator of the county's rural economy and agricultural investment potential. The general downward trend in recent years might hint at shifting economic conditions or changes in agricultural activities, possibly making it a point of interest for potential investors, property builders, or residents considering the agricultural viability and economic health of the region.
Number of Mortgages by Occupancy Type in Pearl River County, MS Over the Last 5 Years in Pearl River County
Pearl River County, Mississippi has seen a fluctuating trend in mortgage counts over the past five years, particularly a significant interest in principal residences, which peaks in 2021. However, the demand for investment properties and second residences has remained relatively stable or declined slightly. These shifts in occupancy type could imply evolving market dynamics, potentially affecting future property values and insurance rates. For those looking to invest or move, understanding these trends becomes crucial as it might hint at both short-term opportunities and long-term stability of their investments. Appraisers and real estate agents could use this data to better estimate property values and strategize their market approaches. Additionally, insurance agents might consider these occupancy types to anticipate risks or plan coverage offerings more accurately.
Economic Outlook
Pearl River County, Mississippi has seen a generally rising trend in average taxable income per tax return, peaking at $55,834.97 in 2021 from around $45,298.01 in 2013. This could indicate a strengthening local economy, which may attract potential investors and real estate professionals. Average state and local income taxes also rose from $4,240.38 in 2012 to $6,798.44 in 2021, suggesting rising incomes or policy changes. Additionally, average tax liability per return saw fluctuations,... Read more
Average Taxable Income per Tax Return in Pearl River County, MS over the last 9 years
Over the past nine years, Pearl River County, Mississippi has shown a generally rising trend in average taxable income per tax return. Starting at around $45,298.01 in 2013, the average steadily climbed and saw a significant peak at $55,834.97 in 2021. This upward trend could suggest a strengthening local economy, which may interest potential investors, property builders, and real estate agents considering this area. However, fluctuations in specific years indicate some economic volatility, hinting at broader underlying factors that might be relevant for appraisers and insurance agents.
Average State and Local Income Taxes Per Tax Return in Pearl River County, MS Over the Last 10 Years
Over the past decade, Pearl River County, Mississippi has seen a noticeable rise in average state and local income taxes per tax return, increasing from around $4,240.38 in 2012 to approximately $6,798.44 in 2021. This upward trend, especially the jump post-2017, may indicate rising incomes or changes in tax policies that could affect individuals and investors. For those considering moving or investing, it's worth noting the significant increase in 2018, which could be a factor in financial planning and property investment decisions.
Average Total Tax Liability Per Tax Return in Pearl River County, MS Over the Last 10 Years
Over the past decade, Pearl River County in Mississippi has experienced fluctuations in average tax liability per return, generally rising from $6,306.33 in 2012 to $7,632.92 in 2021. Notable peaks occurred in 2015 and 2021, hinting at economic factors or policy changes influencing tax burdens. This trend is essential for investors, insurers, realtors, and residents to understand potential financial commitments and forecast property-related costs. Hedging such costs can impact decisions on property investments, insurance premiums, and residential choices.
Cost of Living in Pearl River County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,198 | $1,391 | $1,963 | $631 | $1,025 |
| 1 adult 4 children | $1,198 | $1,136 | $1,464 | $631 | $1,092 |
| 2 adults 3 children | $1,198 | $1,137 | $1,721 | $631 | $829 |
| 1 adult 3 children | $1,198 | $928 | $1,223 | $631 | $825 |
| 2 adults 2 children | $885 | $931 | $1,480 | $549 | $697 |
| 2 adults 1 child | $885 | $735 | $1,239 | $280 | $696 |
| 1 adult 2 children | $885 | $695 | $981 | $549 | $608 |
| 1 adult 1 child | $885 | $475 | $740 | $280 | $581 |
| 2 adults | $672 | $591 | $998 | $0 | $620 |
| 1 adult | $668 | $322 | $499 | $0 | $555 |
Safety trends & Data
Property crime trends in Pearl River County, Mississippi, highlight a significant uptick in larceny-theft, reaching 88 arrests in 2022 from only 4 in 2018. Burglary cases also surged in 2022 with 8 incidents, up from sporadic reports in previous years. Fraud arrests jumped to 46 in 2022 from zero in prior years, indicating emerging criminal behavior patterns. These shifts suggest rising opportunities or vulnerabilities for property crime, which is relevant for potential investors, real estate... Read more
Property Crime Trends in Pearl River County, MS Over the Last 5 Years
Property crime trends in Pearl River County, Mississippi, highlight a significant uptick in larceny-theft, reaching 88 arrests in 2022 from only 4 in 2018. Burglary cases also surged in 2022 with 8 incidents, up from sporadic reports in previous years. Notably, fraud arrests jumped to 46 in 2022 from non-existence in prior years, indicating emerging criminal behavior patterns. These shifts could suggest rising opportunities or vulnerabilities for property crime, relevant for potential investors, real estate professionals, and insurance agents assessing risk.
Demographics
Pearl River County, Mississippi demonstrates a higher proportion of females compared to males in its adult population. The educational attainment suggests a substantial portion of residents have completed high school, yet only a smaller fraction hold bachelor's or higher degrees. Age distribution highlights a significant concentration of individuals aged 45 to 64, pointing to a potentially aging populace. Racially, the county is predominantly White, with the Black or African American... Read more
Race Distribution in Pearl River County, Mississippi (2022)
Educational Attainment in Pearl River County, Mississippi (2022)
Age Distribution in Pearl River County, Mississippi
Citizen Population in Pearl River County, Mississippi (2022)
Political Trends & Data
Pearl River County, Mississippi, displayed a marked preference for Republican candidates in the 2020 U.S. Presidential Election, with the GOP receiving roughly 82% of the vote. Democratic candidates garnered about 17%, while minor parties barely made a dent with less than 2%. This suggests a strongly conservative voter base that's deeply rooted in the community's political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Pearl River County, Mississippi, shows a strong tendency to favor Republican candidates, with approximately 82% of the vote going to the GOP in the 2020 U.S. Presidential Election. Democratic support was significantly lower, capturing only about 17% of the electorate. Minor parties such as the Libertarians, Greens, and others garnered only minimal support, collectively amounting to less than 2% of the vote. These figures potentially indicate a heavily entrenched conservative voter base in this region.
81.53% of voters voted for the Republican party in the 2020 Presidential Election
17.26% of voters voted for the Democrat party in the 2020 Presidential Election
0.67% 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
0.41% of voters voted for the Other party in the 2020 Presidential Election
School Data
Pearl River County, Mississippi has experienced changes in its student-to-teacher ratio, peaking at 15 students per teacher in 2017 and 2018 but decreasing to 11 in recent years. This trend might indicate a progressively more personalized educational environment, which could be a favorable aspect for families and might attract prospective investors, developers, and real estate agents. Appraisers and insurance agents may also see this as a positive sign for the community's educational... Read more
Student-to-teacher ratio in Pearl River County, Mississippi over the last 10 years
Pearl River County, Mississippi has seen fluctuation in its student-to-teacher ratio over the past decade. The ratio peaked at 15 students per teacher in 2017 and 2018, slightly above the current U.S. national average of 14 students per teacher, before dipping to 11 in recent years. For prospective investors, developers, and real estate agents, these trends suggest a potentially more personalized educational environment due to lower ratios. Appraisers and insurance agents might note this as a favorable aspect for families considering moving to the area. For current residents and those generally interested, it reflects ongoing efforts in the county to potentially improve educational infrastructure and teacher recruitment.
