Brunswick County Real Estate and Livability Trends
Brunswick County, North Carolina’s real estate market reveals striking trends. Median home values surged from $182,500 in 2015 to $284,100 in 2022, outpacing both state and national levels. This suggests heightened local demand and attractive investment opportunities. Rising property taxes, increasing from $2,444.41 in 2012 to $4,156.27 in 2021, may also reflect this upward trajectory.... Read more
Brunswick County Market Trends
Brunswick County, North Carolina has seen median home values jump from $182,500 in 2015 to $284,100 in 2022, outpacing state and national levels. This could point to stronger local demand and potential for higher returns, attractive to investors and buyers alike. Real estate taxes have also risen, moving from $2,444.41 in 2012 to $4,156.27 in 2021, highlighting possible growth in property values.... Read more
Median Value of Occupied Housing Units in Brunswick County, North Carolina Over the Last 8 Years
Over the past eight years, Brunswick County, North Carolina has experienced substantial growth in median home values, surging from $182,500 in 2015 to $284,100 in 2022. This sharp increase contrasts with broader trends, as North Carolina's overall median home values rose from $154,900 to $234,900 during the same period. Nationally, the median home value climbed more modestly from $125,500 to $179,400. This notable growth in Brunswick County could signal stronger local demand and greater investment potential, making it particularly attractive for real estate investors and prospective homeowners compared to statewide and national markets.
Residential Energy Tax Credit Per Tax Return in Brunswick County, NC Over the Last 9 Years
Brunswick County, North Carolina has seen fluctuating but generally increasing values in the average residential energy tax credit per tax return over the past nine years. Noteworthy peaks include $2,445.45 in 2018 and $1,613.08 in 2021, hinting at significant investments in energy efficiency improvements or renewable energy installations by homeowners during those years. This trend could suggest a growing local market for green energy solutions, potentially attractive to investors, real estate agents, and builders focusing on energy-efficient properties. Appraisers and insurance agents might also find these trends useful for understanding rising property values and risks associated with new energy technologies.
Average Real Estate Taxes Per Tax Return in Brunswick County, NC Over the Last 10 Years
Real estate taxes in Brunswick County, North Carolina have shown a consistent upward trend over the last decade, making it an important consideration for potential investors and property owners. Starting at around $2,444.41 in 2012, taxes have climbed to approximately $4,156.27 by 2021. The most significant increases appear to have occurred between 2016 and 2018, and again from 2019 to 2020. These rising taxes might indicate growth in property values and could impact long-term investment decisions, budget planning for homeowners, and appraisals.
Percentage of Farm Returns in Brunswick County, NC Over the Last 10 Years
Brunswick County, North Carolina has seen a general decline in the percentage of farm tax returns over the past decade, dropping from about 0.52% in 2012 to around 0.32% in 2021. While there have been minor year-to-year fluctuations, the overall trend indicates a slight but consistent reduction. Understanding farm tax returns can provide valuable insights into agricultural activity and economic health in rural areas, making this trend potentially significant for those considering investments, development, or relocation in the county. Lower farm tax returns might suggest fewer active farms, impacting land use patterns and local economies.
Number of Mortgages by Occupancy Type in Brunswick County, NC Over the Last 5 Years in Brunswick County
Over the past five years in Brunswick County, North Carolina, there has been a general fluctuation in mortgages across different occupancy types. Principal residences consistently show a higher count of mortgages with a peak in 2021, reflecting a strong demand for main homes. Investment properties saw a notable increase until 2021 before a decline in 2022, potentially indicating shifting investor strategies. Second residences exhibited a similar peak in 2021, perhaps driven by the appeal of vacation homes. These changes in occupancy types matter because they can influence market dynamics and valuations, affecting everything from real estate development and appraisal practices to insurance and investment strategies. As such, staying informed on these trends can help stakeholders make more nuanced and strategic decisions.
Economic Outlook
Brunswick County, North Carolina has seen a substantial rise in average taxable income per tax return, from $54,937.06 in 2013 to $84,608.92 in 2021. This trend, along with the surge in state and local income taxes—from $5,673.06 in 2012 to $10,653.40 in 2021—could signal increasing economic opportunities in the area. Additionally, the average total tax liability per tax return has grown from $8,105.81 in 2012 to $13,522.13 by 2021, indicating a possible uptick in incomes and property... Read more
Average Taxable Income per Tax Return in Brunswick County, NC over the last 9 years
Over the past nine years, Brunswick County, North Carolina has seen a notable rise in average taxable income per tax return, climbing from around $54,937.06 in 2013 to nearly $84,608.92 in 2021. This upward trajectory, especially the substantial increase between 2020 and 2021, could indicate growing economic opportunities and higher earning potential in the area. Such trends might be of particular interest to real estate agents, potential investors, and insurance agents.
Average State and Local Income Taxes Per Tax Return in Brunswick County, NC Over the Last 10 Years
Brunswick County, North Carolina has experienced a notable surge in state and local income taxes per tax return over the past decade, with the average amount climbing from $5,673.06 in 2012 to $10,653.40 in 2021. This upward trend indicates an evolving economic landscape that could impact potential investments and property developments. For real estate agents, appraisers, and insurance agents, understanding these tax trends may be crucial for providing comprehensive advice to clients considering relocation or investment in the area.
Average Total Tax Liability Per Tax Return in Brunswick County, NC Over the Last 10 Years
Brunswick County, North Carolina has seen a notable increase in average total tax liability per tax return over the past decade. Starting at $8,105.81 in 2012, the liability has generally followed an upward trajectory, reaching as high as $13,522.13 by 2021. This sharp rise could indicate increasing incomes or property values, suggesting a growing economic environment. While there were slight dips in 2017 and 2018, the trend seems to predominantly head upwards, potentially signaling a prosperous outlook for investors and real estate agents eyeing the region.
Cost of Living in Brunswick County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,354 | $1,572 | $2,205 | $1,359 | $1,600 |
| 1 adult 4 children | $1,354 | $1,284 | $1,688 | $1,359 | $1,681 |
| 2 adults 3 children | $1,354 | $1,285 | $1,912 | $1,359 | $1,313 |
| 1 adult 3 children | $1,354 | $1,049 | $1,395 | $1,359 | $1,399 |
| 2 adults 2 children | $953 | $1,052 | $1,619 | $1,198 | $1,021 |
| 1 adult 2 children | $953 | $785 | $1,102 | $1,198 | $982 |
| 2 adults 1 child | $953 | $831 | $1,326 | $676 | $919 |
| 1 adult 1 child | $953 | $537 | $810 | $676 | $744 |
| 2 adults | $844 | $668 | $1,033 | $0 | $733 |
| 1 adult | $820 | $364 | $517 | $0 | $624 |
Safety trends & Data
Brunswick County, North Carolina has experienced a noteworthy drop in property crimes over the past five years, with larceny-theft incidents falling from 207.00 in 2018 to 59.00 in 2022, and burglary rates also declining. However, there's been a slight uptick in vandalism and embezzlement cases, the latter notably spiking from 1.00 in 2020 to 10.00 in 2021. Such crime fluctuations may provide valuable insights for investors and real estate professionals looking to gauge the region's evolving... Read more
Property Crime Trends in Brunswick County, NC Over the Last 5 Years
Brunswick County, North Carolina has seen notable fluctuations in property crimes over the past five years. Larceny-theft, while the most frequent crime, has shown a marked decrease from 207.00 incidents in 2018 to 59.00 in 2022. Burglary rates have similarly decreased, from 42.00 incidents in 2018 to 25.00 in 2022. However, there have been slight increases in vandalism and embezzlement cases, with the latter rising significantly from 1.00 in 2020 to 10.00 in 2021 before slightly decreasing again. These trends might interest investors and real estate professionals seeking to understand the area's evolving crime landscape.
Demographics
Brunswick County, North Carolina appears to have a slightly higher population of females compared to males with a noticeable skew toward older age groups, as the 55 to 64 and 65 to 74 brackets comprise significant portions of the population. The prevailing racial group is predominantly White, followed by Black or African American communities. Educational attainment varies, with many residents holding a high school diploma or some college experience, but fewer people possess graduate or... Read more
Race Distribution in Brunswick County, North Carolina (2022)
Educational Attainment in Brunswick County, North Carolina (2022)
Age Distribution in Brunswick County, North Carolina
Citizen Population in Brunswick County, North Carolina (2022)
Political Trends & Data
Brunswick County, North Carolina, which leaned heavily Republican in the 2020 U.S. Presidential Election, could offer intriguing insights for prospective home buyers and investors. The strong GOP tilt, with potentially over 61% of the vote, might reflect community values and priorities, possibly impacting local policies and development projects. Understanding the political landscape may help in making more informed decisions about real estate purchases and investments in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Brunswick County in North Carolina leaned Republican in the 2020 U.S. Presidential Election, with possibly over 61% of the vote. Democrats might have garnered around 37%, while other parties such as the Libertarian and Green parties received negligible support.
61.94% of voters voted for the Republican party in the 2020 Presidential Election
36.94% of voters voted for the Democrat party in the 2020 Presidential Election
0.71% of voters voted for the Livertarian party in the 2020 Presidential Election
0.13% of voters voted for the Green party in the 2020 Presidential Election
0.28% of voters voted for the Other party in the 2020 Presidential Election
School Data
Brunswick County, North Carolina, has experienced a gradual rise in the student-to-teacher ratio, climbing from around sixteen in 2014 to over seventeen in 2023. This trend might indicate a growing student population without a proportional increase in teaching staff, suggesting a potential need for more educational infrastructure. Families considering a move to the area could be influenced by these figures, possibly impacting real estate demand and perceptions of community resources. With the... Read more
Student-to-teacher ratio in Brunswick County, North Carolina over the last 10 years
Brunswick County, North Carolina, has seen a gradual increase in the student-to-teacher ratio over the past decade, with the ratio rising from around sixteen in 2014 to over seventeen in 2023. This trend potentially indicates a growing student population without a proportional increase in teaching staff. For investors and those considering moving to the area, this could suggest a need for educational infrastructure development. Real estate agents and appraisers might note that families could weigh these figures when deciding on leasing or purchasing properties. Insurance agents, too, might find this data relevant when assessing the community’s needs and risks. Compared to the national average of fourteen students per teacher, Brunswick County generally maintains higher ratios, which might affect perceptions of the quality of education and overall demand for living in the area.
