Ashe County Real Estate and Livability Trends
Ashe County, North Carolina's real estate market reflects notable changes over recent years. Median home values have increased from $151,500 in 2015 to $199,200 in 2022, though this growth is modest compared to the state's surge from $154,900 to $234,900. Real estate taxes saw significant fluctuations, peaking at $3,356.82 in 2021, indicating economic shifts critical for financial planning. The... Read more
Ashe County Market Trends
Ashe County, North Carolina has seen median home values climb from $151,500 in 2015 to $199,200 in 2022, a growth rate that, while substantial, remains moderate compared to the state’s median, which rose from $154,900 to $234,900. Residential energy tax credits in the county have fluctuated significantly, peaking at $1,373.33 in 2015 and stabilizing around $750.00 to $872.73 recently,... Read more
Median Value of Occupied Housing Units in Ashe County, North Carolina Over the Last 8 Years
Ashe County, North Carolina, has seen an upward trajectory in median home values over the last eight years, increasing from $151,500 in 2015 to $199,200 in 2022. This local trend outpaces the national median, which grew from $125,500 to $179,400 over the same period. When compared to North Carolina’s median, which rose from $154,900 to $234,900, Ashe County's growth rate appears more moderate but still substantial. Investors and prospective homeowners might find the relatively lower median values in Ashe County intriguing, considering the overall upward momentum.
Residential Energy Tax Credit Per Tax Return in Ashe County, NC Over the Last 8 Years
Ashe County, North Carolina has seen notable fluctuations in residential energy tax credits over the past eight years. In 2015, the average credit peaked at $1,373.33, suggesting a period of high investment in qualifying energy improvements. However, this figure dipped significantly in the following years, hitting a low point of $533.33 in 2017. Recently, values have stabilized around $750.00 to $872.73, potentially indicating a more consistent trend in local energy-efficient upgrades. These trends could be of interest to investors and developers focusing on sustainable projects, as well as insurance agents assessing energy-efficient home benefits.
Average Real Estate Taxes Per Tax Return in Ashe County, NC Over the Last 10 Years
Over the last decade, Ashe County, North Carolina has experienced varied fluctuations in average real estate taxes per tax return. Starting at $1,764.60 in 2012, there has been a noticeable incremental growth hitting $1,992.11 in 2015 and $2,060.48 in 2016. A significant spike is evident in 2018 with taxes reaching $2,879.31, followed by a dip to $2,659.26 in 2019. By 2021, average real estate taxes spiked to $3,356.82. This trend could hint at underlying economic shifts, making it essential for investors, homebuyers, appraisers, and real estate agents to stay attuned to these changes for better planning and decision-making.
Percentage of Farm Returns in Ashe County, NC Over the Last 10 Years
Ashe County, North Carolina has seen a subtle decrease in the percentage of farm tax returns over the last decade, dropping from around 7.61% in 2012 to about 5.66% in 2021. A farm tax return is a type of tax document filed by individuals or entities engaged in farming operations, reflecting their income, expenses, and, in some cases, eligibility for specific agricultural tax benefits. The decreasing trend may suggest shifts in the local agricultural economy, potentially affecting land use and investment opportunities in the area. This could be of particular interest to investors, developers, and new residents considering the county's evolving economic landscape.
Number of Mortgages by Occupancy Type in Ashe County, NC Over the Last 5 Years in Ashe County
Over the last five years in Ashe County, North Carolina, there has been a noticeable upward trend in the number of mortgages for principal residences, rising from 856 in 2018 to 1402 in 2021. Second residence mortgages fluctuate more modestly, peaking in 2021 with 382. Meanwhile, investment property mortgages show a gradual increase, peaking in 2021 with 81, though remaining relatively low compared to other categories. Changes in occupancy type are significant for potential investors, real estate agents, and insurance agents as they reflect shifting housing demand, which can impact property values, market strategies, and risk assessment. Principal residences showing strong growth could suggest a burgeoning population or rising desirability for permanent living. This insight is crucial for anyone assessing the local market dynamics or considering investment opportunities in the county.
Economic Outlook
Over the past decade, Ashe County, North Carolina has seen significant economic changes, with average taxable income per tax return rising from $39,018.80 in 2013 to $60,125.44 in 2021. Coupled with this, average state and local income taxes per return have jumped from $5,296.00 in 2012 to $13,525.58 in 2021, nearly doubling between 2017 and 2021. Additionally, total tax liability figures show a steady increase, suggesting more financial activity. These trends hint at a growing economy and... Read more
Average Taxable Income per Tax Return in Ashe County, NC over the last 9 years
Over the past nine years, Ashe County, North Carolina has experienced a notable rise in average taxable income per tax return, starting from approximately $39,018.80 in 2013 and peaking at roughly $60,125.44 in 2021. This upward trend may suggest potential economic growth and increasing financial well-being among residents, which could be appealing for investors and homebuyers. Real estate professionals might find this significant for property value predictions, while appraisers and insurance agents could consider these financial shifts in their assessments. Overall, these figures could reflect a strengthening local economy, potentially influencing future development and community planning in Ashe County.
Average State and Local Income Taxes Per Tax Return in Ashe County, NC Over the Last 10 Years
Over the last decade, Ashe County, North Carolina has seen a notable increase in average state and local income taxes per tax return. From $5,296.00 in 2012 to a significant jump to $13,525.58 in 2021, the trend suggests escalating tax obligations for residents. More dramatically, between 2017 and 2021, average taxes nearly doubled, reflecting possible economic changes or policy adjustments within the county. Such data could be critical for potential investors, real estate agents, and residents considering the area, as it implies evolving fiscal dynamics that might impact financial planning and property valuations.
Average Total Tax Liability Per Tax Return in Ashe County, NC Over the Last 10 Years
Over the past decade, Ashe County in North Carolina has experienced a notable increase in the average total tax liability per tax return, beginning at approximately $5,317.67 in 2012 and rising to around $8,593.12 by 2021. This consistent upward trend, particularly significant spikes in 2016, 2017, and 2020-2021, may reflect growing income levels or shifts in tax policies within the county. For investors, property developers, real estate agents, and anyone eyeing Ashe County, such data could indicate a maturing economy with potentially higher disposable incomes, but it might also suggest rising living costs and potential tax implications worth considering.
Cost of Living in Ashe County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $938 | $1,295 | $1,782 | $1,951 | $1,333 |
| 1 adult 4 children | $938 | $1,057 | $1,363 | $1,951 | $1,471 |
| 2 adults 3 children | $938 | $1,058 | $1,546 | $1,951 | $1,108 |
| 1 adult 3 children | $938 | $864 | $1,127 | $1,951 | $1,198 |
| 2 adults 2 children | $771 | $866 | $1,310 | $1,793 | $967 |
| 1 adult 2 children | $771 | $647 | $891 | $1,793 | $970 |
| 2 adults 1 child | $771 | $684 | $1,074 | $1,281 | $898 |
| 1 adult 1 child | $771 | $442 | $655 | $1,281 | $787 |
| 2 adults | $623 | $550 | $839 | $0 | $586 |
| 1 adult | $619 | $300 | $419 | $0 | $533 |
Safety trends & Data
Ashe County, North Carolina has experienced notable shifts in property crime trends over the past five years. Larceny-theft peaked in 2022 with 95 incidents, marking a significant increase, while burglary saw a high in 2020 with 26 reported cases. Vandalism, motor vehicle theft, embezzlement, arson, and fraud have also been part of the crime landscape, highlighting areas for potential preventive measures and policy... Read more
Property Crime Trends in Ashe County, NC Over the Last 5 Years
Ashe County, North Carolina has shown some notable shifts in property crime trends over the past five years. Larceny-theft consistently dominated the crime landscape, peaking in 2022 with 95 incidents, a noticeable jump from previous years. Burglary and vandalism have also seen fluctuations, with burglary reaching its highest in 2020 at 26 reported cases. The data suggests a diverse crime profile, including occasional instances of motor vehicle theft, embezzlement, arson, and fraud, indicating areas where residents, investors, and stakeholders might want to focus their preventive measures and policy attention.
Demographics
Ashe County, North Carolina showcases a slightly higher female population in 2022, with the adult population split almost evenly between genders. Educational attainment reveals a diverse array of levels, although a significant portion of residents hold at least a high school diploma. Residents over 45 years make up a considerable part of the populace, suggesting an aging demographic. The county remains overwhelmingly White, pointing towards minimal racial... Read more
Race Distribution in Ashe County, North Carolina (2022)
Educational Attainment in Ashe County, North Carolina (2022)
Age Distribution in Ashe County, North Carolina
Citizen Population in Ashe County, North Carolina (2022)
Political Trends & Data
Ashe County, North Carolina, stands out with a potential 72% tilt towards the Republican Party in the 2020 U.S. Presidential Election, possibly indicating a predominantly conservative voter base. Democrats drew around 26%, while minor parties like the Libertarians and Green Party together captured less than 2%, pointing to minimal third-party sway. This political landscape might reflect on local policy preferences and community priorities, affecting everything from developmental agendas to... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Ashe County in North Carolina showed a strong leaning toward the Republican Party in the 2020 U.S. Presidential Election, with Republicans possibly capturing around 72% of the votes. Democrats, in comparison, garnered approximately 26%. Minor party candidates, including Libertarians and the Green Party, collectively captured less than 2% of the vote, hinting at limited influence from third parties in this county. This trend may suggest a predominantly conservative electorate.
72.41% of voters voted for the Republican party in the 2020 Presidential Election
26.33% of voters voted for the Democrat party in the 2020 Presidential Election
0.80% of voters voted for the Livertarian party in the 2020 Presidential Election
0.15% of voters voted for the Green party in the 2020 Presidential Election
0.32% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Ashe County, North Carolina, the student-to-teacher ratio has seen an upward trend over the past decade, peaking at seventeen students per teacher in 2021. This is above the national average of about fourteen students per teacher. Such a shift might influence classroom dynamics, potentially impacting educational quality and swaying decisions for investors, residents, and educational stakeholders. A higher ratio could suggest larger class sizes, affecting property values, school ratings, and... Read more
Student-to-teacher ratio in Ashe County, North Carolina over the last 10 years
Over the past ten years, the student-to-teacher ratio in Ashe County, North Carolina has fluctuated, with notable increases from 2019 onwards, reaching a high of seventeen students per teacher in 2021. This is higher than the current US national average of approximately fourteen students per teacher. Such an uptick in the student-to-teacher ratio could impact classroom dynamics and the quality of education, influencing decisions for potential investors, residents, and educational stakeholders. A higher ratio may suggest larger class sizes, which could affect property values, school ratings, and even local funding priorities. It's important for those interested in the area to monitor how these changes might shape the community's educational landscape and overall appeal.
