Alexander County Real Estate and Livability Trends
Alexander County, North Carolina, has seen a rise in median home values from $124,600 to $169,300 between 2015 and 2022, suggesting opportunities for buyers seeking below-average prices. The increased residential energy tax credits in 2018 and 2020 highlight a growing interest in energy-efficient home investments. Meanwhile, the average real estate taxes reaching $3,015.25 in 2021 might be tied... Read more
Alexander County Market Trends
Alexander County, North Carolina has seen median home values climb from $124,600 to $169,300 from 2015 to 2022, signaling potential opportunities for buyers seeking affordability beneath state and national averages. Spikes in residential energy tax credits in 2018 and 2020 indicate a growing homeowner interest in energy-efficient investments that could enhance property appeal. The significant... Read more
Median Value of Occupied Housing Units in Alexander County, North Carolina Over the Last 8 Years
Over the last eight years, Alexander County, North Carolina has seen a notable increase in median home values, from $124,600 in 2015 to $169,300 in 2022. While this represents a substantial appreciation, it's worth noting it still lags behind the state average which rose to $234,900 in 2022, and the national average which reached $179,400 the same year. This relative affordability combined with the positive trend could signal potential investment opportunities for those looking to move to, invest in, or build property in the area.
Residential Energy Tax Credit Per Tax Return in Alexander County, NC Over the Last 9 Years
Alexander County, North Carolina, has seen a notable variation in residential energy tax credits per tax return over the past nine years. Following a relatively stable period from 2013 to 2016, the most significant spikes were in 2018 ($2500.00) and 2020 ($1028.57), suggesting a potential surge in residential energy-saving investments or installations during those years. This pattern might interest real estate investors, builders, and insurance professionals as it could signal growing homeowner awareness and adoption of energy-efficient practices, potentially influencing property values and insurance risk factors.
Average Real Estate Taxes Per Tax Return in Alexander County, NC Over the Last 10 Years
Over the last decade in Alexander County, North Carolina, there's been a noticeable upward trend in average real estate taxes per tax return. Starting at approximately $1,547.71 in 2012, the figures have steadily risen, peaking at about $3,015.25 by 2021. This increase might reflect a combination of rising property values, higher tax rates, or both. Notably, there was a significant jump in 2018 to about $2,905.56, which indicates a potential shift in the real estate landscape during that year. This trend could influence decisions for investors, potential residents, and industry professionals as it highlights changing economic conditions within the county.
Percentage of Farm Returns in Alexander County, NC Over the Last 10 Years
Over the past decade, Alexander County, North Carolina has seen a modest but noticeable decline in the percentage of farm tax returns, dipping from around 3.38% in 2012 to approximately 2.64% in 2021. Farm tax returns reflect the agricultural sector's contribution to local taxes and provide insight into the health of farming activities. These trends might suggest a gradual decrease in farming activities or farm profitability in the area. This is crucial for investors, potential property owners, and residents who may be evaluating the economic vitality and development prospects of Alexander County's agricultural sector.
Number of Mortgages by Occupancy Type in Alexander County, NC Over the Last 5 Years in Alexander County
Over the past five years in Alexander County, North Carolina, mortgage counts show a robust and fluctuating interest in principal residences compared to both investment properties and second residences. Principal residence mortgages consistently dominate, peaking significantly in 2021, which might indicate a surge in people moving to the area. This trend is essential for investors and builders as it suggests a stable and potentially growing demand for primary homes. For appraisers and real estate agents, these shifts can affect property values and market strategies. Insurance agents might see this as an indicator to tweak their offerings to cater to a predominantly primary-home owner market, while those looking to relocate can interpret the trends to gauge community growth and stability.
Economic Outlook
In Alexander County, North Carolina, the average taxable income per tax return has climbed from $43,451.89 in 2013 to $59,308.51 by 2021. This rising trend suggests increasing local prosperity, potentially making the area more enticing for investors and property developers. Interestingly, average state and local income taxes have also spiked from $8,943.66 in 2018 to $10,708.33 in 2021, possibly indicating changes in local tax policies or economic conditions. The average total tax liability has... Read more
Average Taxable Income per Tax Return in Alexander County, NC over the last 9 years
Alexander County, North Carolina has experienced a notable upward trend in average taxable income per tax return over the last nine years. Starting at $43,451.89 in 2013, the average taxable income has generally increased each year, reaching $59,308.51 by 2021. This upward trend might be appealing for prospective investors and property developers, indicating a likely rise in local prosperity and an improving economic climate. For real estate agents and appraisers, this data can suggest a potentially lucrative market, with residents possibly being more financially equipped for home purchases and property investments. This information is also valuable for insurance agents, suggesting a possible increase in the value of insurable assets.
Average State and Local Income Taxes Per Tax Return in Alexander County, NC Over the Last 10 Years
In Alexander County, North Carolina, the average state and local income taxes per tax return have seen substantial fluctuations over the past decade. From 2012 to 2017, tax amounts were relatively stable, averaging around $5,500 to $5,800. However, starting in 2018, there was a spike, with figures rising dramatically from $8,943.66 in 2018 to $10,708.33 in 2021. This notable increase may suggest changes in local tax policies or economic conditions, which prospective investors, real estate agents, and residents should consider when evaluating the financial landscape of the county.
Average Total Tax Liability Per Tax Return in Alexander County, NC Over the Last 10 Years
Average total tax liability per tax return in Alexander County, North Carolina has generally trended upward over the last decade, moving from $5,678.94 in 2012 to $8,083.23 in 2021. This noticeable increase, especially the sharp rise from 2020 to 2021, suggests potential growth in income levels or changes in tax policy, making it particularly intriguing for investors and real estate professionals assessing economic conditions and fiscal policies. The dip in 2018 and 2019 followed by a substantial rise may reflect economic shifts worth investigating for those involved in financial planning or property development.
Cost of Living in Alexander County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,017 | $1,323 | $1,825 | $1,132 | $1,089 |
| 1 adult 4 children | $1,017 | $1,080 | $1,395 | $1,132 | $1,181 |
| 2 adults 3 children | $1,017 | $1,081 | $1,584 | $1,132 | $884 |
| 1 adult 3 children | $1,017 | $882 | $1,154 | $1,132 | $903 |
| 2 adults 2 children | $779 | $885 | $1,343 | $999 | $763 |
| 1 adult 2 children | $779 | $661 | $912 | $999 | $688 |
| 2 adults 1 child | $779 | $699 | $1,102 | $564 | $718 |
| 1 adult 1 child | $779 | $452 | $671 | $564 | $603 |
| 2 adults | $640 | $562 | $860 | $0 | $598 |
| 1 adult | $636 | $306 | $430 | $0 | $544 |
Safety trends & Data
Property crime trends in Alexander County, North Carolina reveal some notable fluctuations over the past five years, which could be a concern for investors and homeowners. Larceny-Theft peaked at 76 incidents in 2019 before declining, while Burglary saw a spike to 45 cases in 2021. Motor Vehicle Theft experienced jumps in 2019 and 2021. Though less frequent, instances of Fraud and Vandalism have sporadically increased, potentially impacting property values and insurance... Read more
Property Crime Trends in Alexander County, NC Over the Last 5 Years
Over the last five years in Alexander County, North Carolina, property crime trends reveal some fluctuations worth noting for potential investors, homeowners, and real estate professionals. Larceny-Theft consistently tops the charts, peaking at 76 incidences in 2019 before seeing a decline. Burglary has shown mixed trends, with a notable spike to 45 cases in 2021. Motor Vehicle Theft, although relatively lower, had noticeable jumps in 2019 and 2021. Instances of Fraud and Vandalism, while less frequent, show sporadic increases, impacting the overall safety perception of the area. This data may signal potential risks and should be considered when evaluating property values and insurance premiums.
Demographics
Alexander County in North Carolina shows a relatively balanced gender distribution among adults, with a slight male majority. Educational attainment data suggest a large portion of the population has at least a high school diploma, though higher education pursuits drop significantly after the bachelor's degree level. The age distribution skews towards middle-aged and older demographics, potentially indicating a mature population base. Race distribution is predominantly White, with small but... Read more
Race Distribution in Alexander County, North Carolina (2022)
Educational Attainment in Alexander County, North Carolina (2022)
Age Distribution in Alexander County, North Carolina
Citizen Population in Alexander County, North Carolina (2022)
Political Trends & Data
In Alexander County, North Carolina, the Republican party tends to dominate elections, capturing a substantial majority of the vote. The Democratic party lags behind with about 20% of the votes, while minor parties like the Libertarian and Green parties hold minimal sway. This political landscape suggests a conservative community, which might influence local policies and social... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Alexander County, North Carolina, the Republican party seems to dominate the political landscape, capturing a significant majority of the vote share. The Democratic party trails behind with roughly a fifth of the votes. Minor parties such as the Libertarian and Green parties appear to have negligible impact, hinting at a political environment with strong partisan leanings toward the right. This could imply deep-rooted conservative values within the community, potentially influencing local policy and social attitudes.
78.51% of voters voted for the Republican party in the 2020 Presidential Election
20.48% of voters voted for the Democrat party in the 2020 Presidential Election
0.63% of voters voted for the Livertarian party in the 2020 Presidential Election
0.09% of voters voted for the Green party in the 2020 Presidential Election
0.29% of voters voted for the Other party in the 2020 Presidential Election
School Data
Alexander County, North Carolina has experienced notable fluctuations in its student-to-teacher ratio over the past decade, peaking at nearly 17:1 in 2020 before recently stabilizing around 15:1—still above the national average of 14:1. For potential investors and real estate agents, this might suggest larger class sizes, impacting family settlement decisions. Appraisers and insurance agents should consider how these educational trends could affect property values and market stability, making... Read more
Student-to-teacher ratio in Alexander County, North Carolina over the last 10 years
Over the last decade, Alexander County, North Carolina has seen fluctuations in its student-to-teacher ratio, peaking at nearly 17 students per teacher in 2020 before dropping to around 15 in recent years, still above the current national average of 14. For potential investors and real estate agents, a higher ratio might imply larger class sizes, which could influence family decisions on settling in the area. Appraisers and insurance agents should consider this trend when evaluating property values, as educational quality can impact market stability. Those interested in the locale should take these educational shifts into account, especially if planning to build or move there.
