Stone County Real Estate and Livability Trends
Stone County, Mississippi has experienced a significant rise in median home values, jumping from $111,800 in 2015 to $164,400 in 2022, surpassing both state and national growth rates. Average taxable income per tax return has shown a steady increase, suggesting an improving local economy that could attract investors. Notably, real estate tax values have climbed, hinting at increasing property... Read more
Stone County Market Trends
Stone County, Mississippi, has seen a notable increase in median home values, rising from $111,800 in 2015 to $164,400 in 2022, outpacing both state and national averages. Residential energy tax credits per tax return have shown significant peaks, hinting at growing interest in energy-efficient home investments. Real estate taxes have climbed from $1,532.23 in 2012 to $2,461.11 in 2020, possibly... Read more
Median Value of Occupied Housing Units in Stone County, Mississippi Over the Last 8 Years
Stone County, Mississippi has experienced a considerable increase in median home values over the past eight years, jumping from $111,800 in 2015 to $164,400 in 2022. This growth pace seems to surpass the overall trends in Mississippi, which saw an increase from $103,100 to $151,000 in the same period. Nationally, median home values rose from $125,500 to $179,400, indicating that while Stone County's values are lower than the national average, its rate of increase is impressive. This trend could make Stone County an attractive option for potential investors and new residents looking for rapid home value appreciation in Mississippi.
Residential Energy Tax Credit Per Tax Return in Stone County, MS Over the Last 9 Years
Over the past nine years, Stone County, Mississippi has seen notable fluctuations in the average residential energy tax credit per tax return, ranging from approximately $275.00 in 2014 to $1,333.33 in 2020. The data reveals a general upward trend, with significant spikes in 2018 and 2020. This variability indicates potential for considerable savings on energy-related investments, which could impact decisions for homeowners, investors, and builders interested in energy-efficient upgrades. For real estate professionals and appraisers, these insights might help in assessing property values while insurance agents could consider the implications for policy underwriting.
Average Real Estate Taxes Per Tax Return in Stone County, MS Over the Last 10 Years
Stone County, Mississippi has seen fluctuating real estate taxes over the past decade, with a notable increase in recent years. Average real estate taxes per tax return have climbed from $1,532.23 in 2012 to a peak of $2,461.11 in 2020. This surge indicates a possible rise in property values or tax rates, reflecting an evolving market that could influence investment potential and homeowner costs. Real estate agents, appraisers, and investors might find these trends indicative of the broader economic conditions influencing property desirability in the area.
Percentage of Farm Returns in Stone County, MS Over the Last 10 Years
Over the past decade, the percentage of farm returns in Stone County, Mississippi, has seen modest fluctuations, oscillating between 4.15% and 5.00% of total county tax filings. Notable peaks occurred in 2014 and 2017, where returns were approximately 4.79% and 5.00%, respectively. Despite these highs, the general trend suggests minimal volatility. Farm tax returns indicate the revenue and expenses from agricultural operations, an important metric for understanding the health of the local farming economy. For prospective investors, property developers, and residents, the stability in these figures may hint at a relatively steady agricultural sector, which could be a key factor in financial and community planning.
Number of Mortgages by Occupancy Type in Stone County, MS Over the Last 5 Years in Stone County
Recent trends in Stone County, Mississippi show a fluctuating yet dominant number of mortgages for principal residences, peaking at 784 in 2021, compared to a smaller but relatively stable count for investment and second properties. This shift in occupancy types can impact demand for services, influencing the local economy and property values. For investors, lower counts in investment property mortgages may indicate less competition and potential opportunities. Changes in second residence mortgages could imply varying seasonal interests or economic factors affecting vacation property markets. Understanding these dynamics helps appraisers, real estate agents, and insurance agents gauge market health and adjust strategies accordingly.
Economic Outlook
Stone County, Mississippi has seen a notable upward trend in average taxable income per tax return over the last nine years, culminating in a jump to $54,153.61 in 2021 from $42,833.58 in 2013. This increase suggests an improving local economy that may interest investors, appraisers, and real estate agents. Notably, state and local income taxes have also risen from around $3,902.91 in 2015 to $8,820.00 in 2021, possibly due to changes in tax laws or economic conditions. Average total tax... Read more
Average Taxable Income per Tax Return in Stone County, MS over the last 9 years
Stone County, Mississippi has seen a notable upward trend in average taxable income per tax return over the last nine years, culminating in a jump to $54,153.61 in 2021 from $42,833.58 in 2013. This consistent increase suggests an improving local economy, making it an attractive consideration for investors, appraisers, and real estate agents. The growth in income levels may also influence property values, insurance rates, and could signal heightened market activity for those looking to move or build property in the area.
Average State and Local Income Taxes Per Tax Return in Stone County, MS Over the Last 10 Years
Over the past decade, Stone County, Mississippi has experienced a notable increase in average state and local income taxes per tax return. Around 2015, taxes were approximately $3,902.91, which steadily rose to $8,820.00 by 2021. The sharpest jumps occurred between 2017 and 2020, suggesting possible changes in local tax laws or economic conditions. This trend is crucial for potential investors and residents, indicating a potentially higher tax burden over time.
Average Total Tax Liability Per Tax Return in Stone County, MS Over the Last 10 Years
Stone County, Mississippi has seen a fluctuating yet generally increasing trend in the average total tax liability per tax return over the past decade. Starting at $5,333.83 in 2012 and peaking at $7,421.13 in 2021, the tax liability reflects broader economic forces that might influence investment and real estate decisions. This upward trend could be indicative of rising incomes or property values, which could impact appraisals and insurance premiums, making it a vital consideration for potential investors, homebuyers, and professionals in the real estate market.
Cost of Living in Stone County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,088 | $1,456 | $1,936 | $758 | $1,057 |
| 1 adult 4 children | $1,088 | $1,189 | $1,443 | $758 | $1,128 |
| 2 adults 3 children | $1,088 | $1,189 | $1,698 | $758 | $851 |
| 1 adult 3 children | $1,088 | $971 | $1,206 | $758 | $857 |
| 2 adults 2 children | $766 | $974 | $1,460 | $658 | $709 |
| 1 adult 2 children | $766 | $727 | $968 | $658 | $624 |
| 2 adults 1 child | $766 | $769 | $1,222 | $333 | $692 |
| 1 adult 1 child | $766 | $497 | $730 | $333 | $578 |
| 2 adults | $582 | $618 | $985 | $0 | $614 |
| 1 adult | $567 | $337 | $492 | $0 | $548 |
Safety trends & Data
Fluctuating property crime rates in Stone County, Mississippi over the past five years reveal some noteworthy trends. Larceny-theft continues to be the most common crime, while burglary arrests peaked in 2018 but have generally declined. A spike in vandalism occurred in 2020, and although relatively low, fraud and motor vehicle theft rates have remained consistent. Real estate professionals need to keep an eye on these shifts, as they can influence property values, desirability, and insurance... Read more
Property Crime Trends in Stone County, MS Over the Last 5 Years
Over the past five years, property crime trends in Stone County, Mississippi reveal fluctuating rates across various types, with larceny-theft remaining the most prevalent. Notably, burglary arrests peaked in 2018 but have generally declined, while vandalism showed a spike in 2020. Fraud and motor vehicle theft remain relatively low yet consistent. Investors and real estate agents should be mindful of these trends, as shifts in property crime can impact property values, desirability, and insurance rates. The data suggests a need for continued community and law enforcement efforts to address crime fluctuations.
Demographics
Stone County, Mississippi, reveals an almost equal gender distribution, indicating balanced demographic representation between males and females. Educational attainment shows a significant portion of the population has a high school diploma, with a noticeable drop-off in higher education attainment beyond an associate degree. The age distribution might suggest a well-rounded population spread across various age groups, though the older population could influence planning for future services and... Read more
Race Distribution in Stone County, Mississippi (2022)
Educational Attainment in Stone County, Mississippi (2022)
Age Distribution in Stone County, Mississippi
Citizen Population in Stone County, Mississippi (2022)
Political Trends & Data
In Stone County, Mississippi, the 2020 U.S. Presidential Election revealed a strong Republican preference, with about 76% of the votes, compared to roughly 23% for Democrats. This pronounced political tilt might influence local real estate dynamics, possibly making the area more attractive to conservative buyers. Potential buyers and investors could find this political makeup alongside other factors invaluable in assessing the community alignment and forecasting market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Stone County, Mississippi, the 2020 U.S. Presidential Election results showed a substantial lead for the Republican party with approximately 76% of the vote. The Democratic party garnered about 23%, while other parties, including Libertarian and Green, each received less than 1% of the total vote. This trend possibly underscores the county's political leaning and highlights the significant disparity between the two major parties' support.
75.70% of voters voted for the Republican party in the 2020 Presidential Election
22.87% of voters voted for the Democrat party in the 2020 Presidential Election
0.72% of voters voted for the Livertarian party in the 2020 Presidential Election
0.10% of voters voted for the Green party in the 2020 Presidential Election
0.60% of voters voted for the Other party in the 2020 Presidential Election
School Data
Stone County, Mississippi's student-to-teacher ratio has hovered just above the national average, peaking at nearly 16 students per teacher in 2020 and dropping to just over 14 by 2023. This trend suggests manageable class sizes, potentially making it an appealing destination for young families. For real estate investors, these educational metrics could imply stable or improving property values, possibly influencing appraisals and insurance... Read more
Student-to-teacher ratio in Stone County, Mississippi over the last 10 years
Stone County, Mississippi has seen its student-to-teacher ratio fluctuate over the past decade, peaking at nearly 16 students per teacher in 2020 and dropping to just over 14 by 2023. While the national average is 14 students per teacher, Stone County has mostly hovered slightly above this mark, suggesting the area might not face excessive overcrowding issues in classrooms. For investors or those considering a move, these figures could imply relatively manageable class sizes, which might be attractive for young families. Real estate agents and developers might note that favorable student-to-teacher ratios can enhance the area's appeal. Moreover, it might influence appraisals and insurance premiums, as regions with balanced educational metrics often indicate stable or improving property values.
