Bertie County Real Estate and Livability Trends
Bertie County, North Carolina has demonstrated promising economic growth, evidenced by an increase in average taxable income per tax return from $35,457.70 in 2013 to $46,739.71 in 2021. This rise, particularly marked between 2020 and 2021, coupled with higher average state and local income taxes, hints at better economic conditions likely to attract real estate interest. Despite the impressive... Read more
Bertie County Market Trends
The median home value in Bertie County, North Carolina, has seen fluctuations over the past eight years, reaching $87,500 in 2022, which is considerably below both the state median of $234,900 and the national median of $179,400 for the same year. This offers a more affordable alternative for homebuyers and investors. Residential energy tax credits peaked at $1,233.33 in 2018, highlighting a... Read more
Median Value of Occupied Housing Units in Bertie County, North Carolina Over the Last 8 Years
The median home values in Bertie County, North Carolina have shown a mixed trend over the past eight years, starting from $78,400 in 2015 and experiencing fluctuations before reaching $87,500 in 2022. This is significantly lower compared to the state of North Carolina, where median home values jumped from $154,900 in 2015 to $234,900 in 2022, as well as the national median, which increased from $125,500 to $179,400 over the same period. Bertie County might represent a more affordable option for potential homeowners and investors, contrasting sharply with both state and national averages.
Residential Energy Tax Credit Per Tax Return in Bertie County, NC Over the Last 9 Years
Bertie County, North Carolina, has seen fluctuating residential energy tax credits per tax return over the past nine years. Values peaked in 2018 at $1,233.33, potentially indicating a significant investment in energy-efficient home improvements that year. Despite this peak, the average credit appears to stabilize between approximately $653.85 and $781.82 in other years, suggesting a consistent but varied focus on energy efficiency among residents. This volatility and the recent stabilization trends could be relevant for those assessing property investments, indicating possible future tax incentives for energy upgrades.
Average Real Estate Taxes Per Tax Return in Bertie County, NC Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in Bertie County, North Carolina have seen a steady increase, growing from approximately $1381.89 in 2012 to around $2782.61 by 2021. This spike, particularly sharp from 2018 onwards, suggests a rising demand for property which could indicate enhanced local development and a stronger market. Such trends might appeal to investors and real estate agents considering the potential for higher returns, while current homeowners and prospective buyers should plan for possibly higher tax liabilities. Assessors and insurance agents might also take note, as these figures can influence appraisals and policy calculations.
Percentage of Farm Returns in Bertie County, NC Over the Last 10 Years
Farm tax returns in Bertie County, North Carolina, have hovered around the 2.0% to 2.7% range over the past decade. These values suggest that agricultural operations in the area maintain steady activity, though there has been a slight decrease since 2019. Farm tax returns are tax filings specific to agricultural businesses, reflecting the economic health of farming in the region. For investors and residents, this trend could indicate the resilience and potential stability of the local agricultural economy, offering a unique insight into the viability of agricultural investments or land development in the county.
Number of Mortgages by Occupancy Type in Bertie County, NC Over the Last 5 Years in Bertie County
In Bertie County, North Carolina, the trend in mortgage counts reveals an increase in mortgages for principal residences, peaking at 520 in 2021, while both investment properties and second residences see relatively stable counts with minor fluctuations. These occupancy types matter because principal residences dominate the market, suggesting a stronger local demand for primary housing. For investors, this indicates limited but stable opportunities in rental and vacation markets, with investment property mortgages consistently low but present. Appraisers and insurance agents would find these details crucial for risk assessments and valuation forecasts, respectively. Real estate agents could cater strategies to meet the dominant demand for principal residences while not overlooking niche opportunities within investment and secondary homes.
Economic Outlook
Bertie County, North Carolina has witnessed steady growth in average taxable income per tax return, climbing from approximately $35,457.70 in 2013 to around $46,739.71 by 2021. This economic upswing, particularly highlighted by the jump from about $42,266.38 in 2020 to $46,739.71 in 2021, suggests improved economic conditions that could boost real estate interest. Concurrently, average state and local income taxes per tax return have also gradually increased, peaking at $5,537.93 in 2021. This... Read more
Average Taxable Income per Tax Return in Bertie County, NC over the last 9 years
Bertie County, North Carolina has seen a noticeable upward trend in average taxable income per tax return over the past nine years, rising from approximately $35,457.70 in 2013 to about $46,739.71 in 2021. This steady growth, particularly the significant jump from around $42,266.38 in 2020 to $46,739.71 in 2021, hints at an improving economic environment that could attract investment and real estate interest. This trend could also impact property valuations and insurance considerations, making the area more appealing for potential residents and developers alike.
Average State and Local Income Taxes Per Tax Return in Bertie County, NC Over the Last 10 Years
Over the last decade, average state and local income taxes per tax return in Bertie County, North Carolina, have shown some fluctuations but an overall trend of gradual increase. Beginning at around $4,208.46 in 2012, there were notable rises and dips, peaking significantly at $5,537.93 by 2021. This information can be crucial for potential investors, appraisers, and real estate agents as it indicates a possibly strengthening local economy or increasing income levels. It may also hint at changing fiscal policies affecting tax obligations in the area, valuable for those planning long-term financial and residential commitments in Bertie County.
Average Total Tax Liability Per Tax Return in Bertie County, NC Over the Last 10 Years
Bertie County, North Carolina has seen a gradual increase in average total tax liability per tax return over the past decade. In 2012, the average stood at approximately $4416.49 and climbed steadily, with a slight dip in 2018, to reach $5918.69 by 2021. This trend could be indicative of rising incomes or adjustments in tax policies, which may be of interest to investors, real estate agents, and those considering moving to the area. Appraisers and insurance agents might also find these trends useful for assessing property values and risk management.
Cost of Living in Bertie County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $943 | $1,323 | $2,260 | $1,129 | $1,215 |
1 adult 4 children | $943 | $1,080 | $1,732 | $1,129 | $1,285 |
2 adults 3 children | $943 | $1,081 | $1,959 | $1,129 | $969 |
1 adult 3 children | $943 | $882 | $1,431 | $1,129 | $987 |
2 adults 2 children | $771 | $885 | $1,658 | $984 | $843 |
1 adult 2 children | $771 | $661 | $1,130 | $984 | $757 |
2 adults 1 child | $771 | $699 | $1,357 | $512 | $768 |
1 adult 1 child | $771 | $452 | $829 | $512 | $625 |
2 adults | $586 | $562 | $1,056 | $0 | $625 |
1 adult | $582 | $306 | $528 | $0 | $542 |
Safety trends & Data
Bertie County, North Carolina, has seen fluctuating property crime rates, with larceny-theft peaking at 25 incidents in 2018, then dropping to 5 in 2020 before a slight rise to 13 in 2021. Burglary counts have stayed low, hitting a minimum of 2 in 2021, and motor vehicle theft incidents remain consistently low. For investors, real estate agents, and insurance pros, these trends suggest a general decrease in certain property crimes, pointing to potentially lower risk in property... Read more
Property Crime Trends in Bertie County, NC Over the Last 5 Years
Bertie County, North Carolina, has experienced fluctuating property crime rates over the last five years. Larceny-theft peaked significantly in 2018 with 25 reported incidents but saw variations in subsequent years, including a notable drop to 5 in 2020 before a slight rise to 13 in 2021. Burglary remained relatively low but showed minor increases and decreases, with the lowest count of 2 in 2021. Motor vehicle theft incidents have stayed consistently low. For stakeholders such as investors, real estate agents, and insurance professionals, these trends suggest a general decrease in certain types of property crimes, signaling potential lower risk for property-related investments.
Demographics
Bertie County, North Carolina's population sees a near-even split between males and females, with males having a slight edge. A significant proportion of the adult population has completed at least high school, but there remains a notable chunk with only some college experience and no degree. Reflecting a potentially aging community, the largest age group is those between 55 to 64 years. Racial composition is predominantly African American, which might influence community services and cultural... Read more
Race Distribution in Bertie County, North Carolina (2022)
Educational Attainment in Bertie County, North Carolina (2022)
Age Distribution in Bertie County, North Carolina
Citizen Population in Bertie County, North Carolina (2022)
Political Trends & Data
In Bertie County, North Carolina, the 2020 U.S. Presidential Election results indicate that Democrats potentially held a commanding lead, capturing around 60% of the votes, while Republicans might have garnered approximately 39%. The negligible influence of minor parties like the Libertarians and Greens, each attracting less than one percent of the vote, suggests a potentially stark political division with the main competition being between the two major... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Bertie County, North Carolina, Democrats possibly held a commanding lead in the 2020 U.S. Presidential Election, capturing around 60% of the votes, while Republicans might have garnered approximately 39%. Minor parties, including Libertarians and Greens, seemingly played a negligible role, each attracting less than one percent of the vote. The dominance of the two major parties suggests a potentially stark political division, with minimal influence from third-party candidates.
38.89% of voters voted for the Republican party in the 2020 Presidential Election
60.51% of voters voted for the Democrat party in the 2020 Presidential Election
0.30% 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
0.15% of voters voted for the Other party in the 2020 Presidential Election
School Data
Bertie County, North Carolina, has experienced significant fluctuations in its student-to-teacher ratio, peaking at nearly 25 students per teacher in 2020. Although the ratio has stabilized around 17 students per teacher recently, this remains above the national average of 14. Such a trend could impact educational quality and the attractiveness of local schools, factors that prospective residents, educators, and investors might weigh heavily. Real estate agents and appraisers should consider... Read more
Student-to-teacher ratio in Bertie County, North Carolina over the last 10 years
Bertie County, North Carolina, has seen fluctuations in its student-to-teacher ratio over the past decade, with a notable spike to nearly 25 students per teacher in 2020. While the ratio appears to have stabilized around 17 students per teacher in recent years, it remains higher than the national average of fourteen students per teacher. This trend could be vital for prospective educators, investors, and residents, as a higher student-to-teacher ratio might impact both educational quality and the desirability of local schools. Real estate agents and appraisers might also consider these ratios when evaluating the property market, as they can influence family decisions about relocating. Additionally, insurance agents and property developers may find these trends significant when assessing community growth and infrastructure needs.