Warren County Market Trends
Warren County, Mississippi has seen significant growth in median home values, climbing from $100,800 in 2015 to $142,100 by 2022, outpacing statewide trends. The average residential energy tax credit per tax return has fluctuated, with a notable spike in 2018, suggesting a local interest in energy-efficient home improvements. Real estate taxes have risen substantially, from about $1,584.02 in... Read more
Median Value of Occupied Housing Units in Warren County, Mississippi Over the Last 8 Years
Warren County, Mississippi has seen significant growth in median home values, starting from $100,800 in 2015 and reaching $142,100 by 2022. This upward trend outpaces the state of Mississippi as a whole, which only went from $103,100 to $151,000 in the same period. Although these figures are still below the national median, which jumped from $125,500 to $179,400, the consistent appreciation in Warren County could suggest strong local demand and an increasing appeal for prospective buyers or investors.
Residential Energy Tax Credit Per Tax Return in Warren County, MS Over the Last 9 Years
Over the last nine years in Warren County, Mississippi, the average residential energy tax credit per tax return has shown considerable fluctuation. Starting at $352.27 in 2013, it saw a substantial spike to $1,290.91 in 2018, before stabilizing around $700-$800 in the following years. This trend likely reflects increased adoption of energy-efficient home improvements and possibly state or federal incentives boosting such investments. For potential investors and property developers, these figures might signal a growing local interest in energy-efficient technologies and potential areas for focused investment.
Average Real Estate Taxes Per Tax Return in Warren County, MS Over the Last 10 Years
In Warren County, Mississippi, average real estate taxes per tax return have seen a notable increase over the past decade, rising from approximately $1,584.02 in 2012 to around $2,831.13 in 2021. This trend may indicate a growing demand for property or escalating property values in the area. For investors and potential homeowners, this upward movement can signal both the potential for property appreciation and higher carrying costs. Real estate agents and appraisers might find this data useful for market assessments, while insurance agents could consider adjusting premiums accordingly.
Percentage of Farm Returns in Warren County, MS Over the Last 10 Years
Warren County, Mississippi has experienced a slight upward trend in farm returns over the last decade, starting at approximately 1.43% in 2012 and rising to about 1.80% by 2021. Farm tax returns often serve as a proxy for the economic health and activity levels within the county's agricultural sector. Investors, prospective residents, and property developers might find this indicative of a potentially growing and more financially stable agricultural community, suggesting a steady interest in farming activities, which can contribute to the local economy’s robustness.
Number of Mortgages by Occupancy Type in Warren County, MS Over the Last 5 Years in Warren County
Over the last five years in Warren County, Mississippi, principal residence mortgages appear to have consistently dominated the market, peaking in 2021 with 1,650 mortgages. Notably, there has been a moderate presence of investment property mortgages, although featuring a slight downtrend. Second residence mortgages display relatively minimal and fluctuating activity. These shifting trends in occupancy types can affect the housing market dynamics, influencing property values, insurance rates, and the strategic decisions of real estate investors, agents, and builders. Understanding these changes might provide key insights for those looking to invest in or move to the area, as subtle shifts in mortgage types can reflect broader economic and lifestyle trends impacting demand and property utilization.
Economic Outlook
Warren County, Mississippi has experienced promising growth in average taxable income per tax return over the past nine years, rising from $45,948.10 in 2013 to $58,526.28 in 2021. This could indicate a strengthening local economy, potentially attracting real estate investors, new residents, and businesses. However, the average state and local income taxes per tax return have also seen a noticeable increase, from about $4,280.99 in 2012 to $6,669.00 in 2021, which might suggest a growing tax... Read more
Average Taxable Income per Tax Return in Warren County, MS over the last 9 years
Warren County, Mississippi has seen encouraging growth in average taxable income per tax return over the last nine years, which could indicate a strengthening local economy. From $45,948.10 in 2013, the average taxable income has climbed to $58,526.28 in 2021, showcasing an upward trend with notable peaks in 2018 and 2020. This positive trajectory could be appealing to real estate investors, potential residents, and businesses considering setting up in the area, as it possibly reflects an increase in residents' earning power and economic stability.
Average State and Local Income Taxes Per Tax Return in Warren County, MS Over the Last 10 Years
Over the past decade in Warren County, Mississippi, there has been a noticeable upward trend in the average state and local income taxes per tax return. Starting at approximately $4,280.99 in 2012, the taxes have steadily increased, peaking at $6,669.00 in 2021. This pattern could signal a growing tax burden, potentially impacting decisions for investors, residents, and real estate professionals considering the area. It might also be a consideration for appraisers and insurance agents when evaluating property values and risk.
Average Total Tax Liability Per Tax Return in Warren County, MS Over the Last 10 Years
Warren County, Mississippi has seen a general upward trend in average total tax liability per tax return over the past decade. Starting at $7,261.76 in 2012, this number has incrementally risen with some fluctuations, reaching $8,780.21 by 2021. This gradual increase might suggest economic growth or changes in tax legislation affecting residents over time. Those considering moving to or investing in the area, as well as insurance agents and real estate professionals, should keep an eye on these tax trends as they could influence cost of living and property values in the region.
Cost of Living in Warren County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,103 | $1,452 | $1,957 | $654 | $972 |
1 adult 4 children | $1,103 | $1,186 | $1,459 | $654 | $1,021 |
2 adults 3 children | $1,103 | $1,186 | $1,716 | $654 | $785 |
1 adult 3 children | $1,103 | $968 | $1,219 | $654 | $762 |
2 adults 2 children | $844 | $971 | $1,476 | $569 | $672 |
2 adults 1 child | $844 | $767 | $1,235 | $290 | $669 |
1 adult 2 children | $844 | $725 | $978 | $569 | $577 |
1 adult 1 child | $844 | $496 | $738 | $290 | $554 |
2 adults | $641 | $616 | $995 | $0 | $598 |
1 adult | $637 | $336 | $497 | $0 | $538 |
Safety trends & Data
Over the last five years in Warren County, Mississippi, property crimes have shown a notable decline, with burglary incidents dropping from 72.00 in 2018 to just 5.00 by 2022 and larceny-theft cases decreasing from 250.00 to 47.00. Fraudulent activities, including embezzlement and forgery, also dipped significantly, indicating potential improvements in local economic conditions or deterrent strategies. Vandalism cases decreased too, perhaps reflecting better community awareness or enhanced law... Read more
Property Crime Trends in Warren County, MS Over the Last 5 Years
Over the last five years in Warren County, Mississippi, property crime trends suggest a notable overall decline. Burglary incidents dropped precipitously from 72.00 in 2018 to just 5.00 by 2022, and larceny-theft cases also saw a sharp decrease from 250.00 to 47.00 during the same period. Fraudulent activities, including embezzlement and forgery, dipped significantly, indicating potential improvements in local economic conditions or deterrent strategies. Vandalism incidents decreased as well, which may reflect better community awareness or enhanced law enforcement measures. These trends could be highly relevant for investors, real estate agents, and prospective homeowners considering the safety and economic stability of the area.
Demographics
Warren County, Mississippi shows a slight female majority with the female population outnumbering males. Educational attainment is broadly dispersed, with a substantial proportion achieving some college experience or higher, although many still hold only a high school diploma or less. The age distribution indicates a balanced spread across most age groups, yet there seems to be a higher concentration of adults in their late 30s to early 60s. Racially, the population is predominantly White and... Read more
Race Distribution in Warren County, Mississippi (2022)
Educational Attainment in Warren County, Mississippi (2022)
Age Distribution in Warren County, Mississippi
Citizen Population in Warren County, Mississippi (2022)
Political Trends & Data
Warren County, Mississippi's 2020 U.S. Presidential Election results show a strikingly tight race, with Democrats slightly edging out Republicans by a mere 0.4%. Third-party candidates barely made a dent, collectively pulling in just over 1% of the vote. This close split signals a competitive and potentially shifting political landscape, reflecting a balanced electorate that could be key in future... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Warren County, Mississippi, the 2020 U.S. Presidential Election vote distribution reveals a near-even split between Republican and Democrat preferences, with Republicans receiving approximately 49.2% and Democrats about 49.6% of the votes. Libertarian, Green, and other parties collectively garnered just over 1% of the votes, indicating a minor influence from third-party candidates. This razor-thin margin highlights a competitive political landscape, suggesting shifting dynamics within the county's electorate.
49.23% of voters voted for the Republican party in the 2020 Presidential Election
49.60% of voters voted for the Democrat party in the 2020 Presidential Election
0.44% of voters voted for the Livertarian party in the 2020 Presidential Election
0.12% of voters voted for the Green party in the 2020 Presidential Election
0.61% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Warren County, Mississippi, the student-to-teacher ratio has seen notable fluctuations over the past decade, peaking at 15 in 2017 and recently dropping to around 11, lower than the national average of 14. This trend could signal enhanced educational quality due to more individualized attention for students. For real estate agents and investors, this might suggest shifts in property values and community appeal, while appraisers and insurance agents could view these changes as indicative of... Read more
Student-to-teacher ratio in Warren County, Mississippi over the last 10 years
Over the past decade, the student-to-teacher ratio in Warren County, Mississippi has fluctuated, peaking at 15 in 2017 and then falling to approximately 11 in the most recent years. This trend is particularly important for those with educational interests, as a lower ratio could suggest more individualized attention and potentially better learning outcomes for students compared to the national average of 14 students per teacher. For real estate agents, investors, and families considering a move, these shifts could indicate a strengthening or weakening local educational environment, impacting property values and community attractiveness. Appraisers and insurance agents might find these changing ratios an indicator of demographic shifts and varying demands for family-oriented services in the area.