Webster County Real Estate and Livability Trends
Webster County, Mississippi is seeing promising economic growth, with average taxable income rising from $39,806.80 in 2013 to $52,935.64 in 2021. This economic uptick, alongside income tax fluctuations and increasing tax liabilities, makes it an interesting spot for investors. Median home values are also on the rise, jumping from $88,300 to $107,700 between 2021 and 2022, though they're still... Read more
Webster County Market Trends
Webster County, Mississippi has seen notable shifts in median home values, with a significant rise from $88,300 to $107,700 between 2021 and 2022, yet remaining well below the state's median of $151,000 and the national median of $179,400. Residential energy tax credits also surged, with the average spiking to $1,171.43 in 2021, hinting at increased investments in energy-efficient homes. Real... Read more
Median Value of Occupied Housing Units in Webster County, Mississippi Over the Last 8 Years
Webster County, Mississippi has seen interesting shifts in median home values over the past eight years, with the most dramatic increase happening between 2021 and 2022 where values jumped from $88,300 to $107,700. Despite this recent rise, values in Webster County remain considerably lower compared to the state’s 2022 median of $151,000 and the national median of $179,400. This suggests that Webster County might offer more affordable housing opportunities relative to broader markets, potentially making it attractive for first-time buyers or investors seeking lower entry points.
Residential Energy Tax Credit Per Tax Return in Webster County, MS Over the Last 7 Years
Webster County, Mississippi has seen notable fluctuations in average residential energy tax credits per tax return over the past seven years. From 2013 to 2017, there was a gradual increase from approximately $244.44 to $366.67, suggesting rising investments in energy efficiency. By 2020, this average spiked to $475.00, and even more dramatically to $1,171.43 in 2021. These surges indicate a potentially significant uptick in initiatives that qualify for these tax credits, potentially making Webster County an attractive market for energy-efficient real estate developments and investments.
Average Real Estate Taxes Per Tax Return in Webster County, MS Over the Last 10 Years
Webster County, Mississippi has experienced a subtle but noticeable increase in average real estate taxes per tax return over the past decade, rising from around $1,429.82 in 2012 to approximately $1,860.00 in 2021. The most significant upsurge occurred between 2016 and 2019 when taxes jumped from $1,585.45 to $1,978.57. This trend could suggest a growing demand or increasing property values in Webster County, making it particularly relevant for investors, real estate agents, and insurance agents who are evaluating long-term commitments and risks in the area. Builder and developers might also find these trends indicative of evolving market conditions.
Percentage of Farm Returns in Webster County, MS Over the Last 10 Years
Webster County, Mississippi, has shown some fluctuations in the percentage of farm tax returns over the past decade. The rates generally hovered around 6.0%-7.7%, peaking at a possible high of around 7.7% in 2018. Farm tax returns are a significant indicator as they reflect the agricultural activity and economic health of the rural areas in the county. High percentages could imply a thriving farming community, which is an appealing factor for investors, developers, and new residents considering the area's sustainability and potential for growth.
Number of Mortgages by Occupancy Type in Webster County, MS Over the Last 5 Years in Webster County
Webster County, Mississippi's mortgage landscape reveals a consistent trend where principal residences dominate the market, significantly outpacing investment and second residences. Since 2018, the count for principal residence mortgages steadily increased, peaking at 343 in 2022, indicating a growing interest in stable homeownership. Conversely, investment property mortgages showed a fluctuating but generally lower trend, with the latest count in 2022 being 5. Second residence mortgages maintained minimal activity throughout the period. For investors and real estate agents, this shift suggests a stable demand for primary homes, potentially translating to less volatility and steady returns. For appraisers and insurance agents, understanding these dynamics helps in risk assessment and valuation. Builders might see an opportunity to focus on single-family, principal residences to meet the rising demand.
Economic Outlook
Webster County, Mississippi has observed a steady rise in average taxable income, escalating from $39,806.80 in 2013 to $52,935.64 in 2021, suggesting economic growth that could appeal to investors and real estate agents. Concurrently, state and local income tax fluctuations, peaking at $5,990.91 in 2019 before stabilizing at $5,500.00 in 2021, highlight financial shifts and possible policy impacts. The total tax liability per tax return has also increased, from $4,807.91 in 2012 to $6,700.95... Read more
Average Taxable Income per Tax Return in Webster County, MS over the last 9 years
Webster County, Mississippi has seen a gradual increase in average taxable income per tax return over the past nine years, moving from $39,806.80 in 2013 to a significant $52,935.64 in 2021. This upward trend suggests potential economic growth, which could be attractive to investors and real estate agents. For those considering moving, this might indicate better job prospects and increased economic stability. Appraisers and insurance agents may want to factor in this steady income rise when evaluating property values and setting rates. This trend serves as a strong indicator of the county's evolving financial landscape.
Average State and Local Income Taxes Per Tax Return in Webster County, MS Over the Last 10 Years
Webster County, Mississippi has seen significant fluctuations in average state and local income taxes per tax return over the past decade. The data suggests a trend of gradual increases, peaking in 2019 at $5990.91 before a slight drop in 2020 and rebounding to $5500.00 in 2021. Notably, the large jump from $4375.47 in 2017 to $5291.67 in 2018 could indicate economic shifts or policy changes. These figures could impact decisions for potential residents, investors, and real estate professionals by reflecting the financial climate and tax burden trends in the area.
Average Total Tax Liability Per Tax Return in Webster County, MS Over the Last 10 Years
Webster County, Mississippi has seen a notable increase in the average total tax liability per tax return over the last decade, moving from approximately $4,807.91 in 2012 to around $6,700.95 in 2021. This trend could be of interest to potential investors or homeowners as it may indicate rising incomes or changes in the local tax base. Variations across years also suggest that while there was steady growth until 2017, a dip in the subsequent years followed by a sharp increase in 2021 might reflect economic adjustments or policy impacts worth monitoring.
Cost of Living in Webster County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,013 | $1,468 | $1,877 | $511 | $926 |
| 1 adult 4 children | $1,013 | $1,199 | $1,400 | $511 | $944 |
| 2 adults 3 children | $1,013 | $1,199 | $1,646 | $511 | $728 |
| 1 adult 3 children | $1,013 | $979 | $1,169 | $511 | $718 |
| 2 adults 2 children | $766 | $982 | $1,416 | $443 | $654 |
| 2 adults 1 child | $766 | $776 | $1,185 | $224 | $659 |
| 1 adult 2 children | $766 | $733 | $938 | $443 | $562 |
| 1 adult 1 child | $766 | $501 | $708 | $224 | $546 |
| 2 adults | $611 | $623 | $955 | $0 | $614 |
| 1 adult | $608 | $340 | $477 | $0 | $553 |
Safety trends & Data
Webster County, Mississippi has seen slight fluctuations in property crime over the past three years, maintaining notably low overall rates. Burglary incidents have been minimal with just one case each in 2020 and 2021. Larceny-theft spiked briefly in 2021 with four reported incidents but dropped to two in 2022. Vandalism increased from one case in 2021 to three in 2022. These consistently low property crime rates may suggest a stable environment, which could be appealing for potential... Read more
Property Crime Trends in Webster County, MS Over the Last 3 Years
Webster County, Mississippi has experienced relatively minor fluctuations in property crime over the past three years. Notable trends include a consistent, though low, incidence of burglary, with one case each in 2020 and 2021. Larceny-theft appears somewhat more prevalent, peaking in 2021 with four reported incidents before dipping to two in 2022. Vandalism cases rose from one in 2021 to three in 2022. Overall, property crime rates remain relatively low, potentially suggesting a stable environment for those considering investment or relocation.
Demographics
Webster County, Mississippi's adult population shows a slightly higher number of females compared to males. The area sees a significant concentration of high school graduates, though higher education degrees are less common. Age-wise, the population is widely distributed, with a noticeable peak in the 55-64 range, implying a potentially aging demographic. Racially, it's predominantly White, with African Americans making up a smaller, yet considerable portion. This mix influences local culture,... Read more
Race Distribution in Webster County, Mississippi (2022)
Educational Attainment in Webster County, Mississippi (2022)
Age Distribution in Webster County, Mississippi
Citizen Population in Webster County, Mississippi (2022)
Political Trends & Data
Webster County, Mississippi showcased a strong Republican preference in the 2020 U.S. Presidential Election, capturing nearly 80% of the vote. Democrats managed around 19%, and third-party candidates received a negligible share. This could imply a deeply conservative voter base, with the low third-party support possibly reflecting a leaning towards major party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Webster County, Mississippi leaned heavily Republican in the 2020 U.S. Presidential Election, with nearly 80% of votes favoring the GOP. Democrats garnered around 19%, while third parties like the Libertarian and Green parties collectively made up a negligible portion of the vote. This trend might suggest a strong conservative base, though the low percentage of third-party votes could indicate limited political diversity or voter preference for major party candidates.
79.54% of voters voted for the Republican party in the 2020 Presidential Election
19.33% of voters voted for the Democrat party in the 2020 Presidential Election
0.50% of voters voted for the Livertarian party in the 2020 Presidential Election
0.04% of voters voted for the Green party in the 2020 Presidential Election
0.59% of voters voted for the Other party in the 2020 Presidential Election
School Data
Webster County, Mississippi has experienced a downward trend in its student-to-teacher ratio, peaking at 17 in 2018 and falling to 11 in 2023. This lower ratio may imply more individualized attention for students, making the area more attractive for families prioritizing education. Such dynamics are worth noting as they could influence property values, investment potential, and local development priorities, affecting everyone from real estate agents to prospective homeowners and... Read more
Student-to-teacher ratio in Webster County, Mississippi over the last 10 years
Webster County, Mississippi has seen a fluctuating student-to-teacher ratio over the past decade, peaking at 17 in 2018 and gradually declining to 11 in 2023. This trend is significant as a lower ratio can imply more individualized attention for students, potentially enhancing educational outcomes. With the current ratio at 11 students per teacher, Webster County sits comfortably below the national average of 14, potentially making it a more appealing location for families prioritizing education. These dynamics could also influence property values, investment potential, and local development priorities, affecting everyone from real estate agents to prospective homeowners and education-focused investors.
