Caldwell County Real Estate and Livability Trends
Caldwell County, North Carolina's real estate market has seen a notable uptick in median home values, from $108,100 in 2015 to $158,300 in 2022, potentially making it attractive for investors seeking affordability and appreciation. The rise in average taxable income per tax return, peaking at $56,015.11 in 2021, may indicate growing economic stability. However, the poverty rate spiked to 16.9% in... Read more
Caldwell County Market Trends
Caldwell County, North Carolina has experienced a notable rise in median home values, moving from $108,100 in 2015 to $158,300 in 2022. While still below the state and national averages, this consistent growth could incentivize investors and new residents looking for affordability and appreciation potential. The county also saw a peak in residential energy tax credits at $1,800.00 in 2018,... Read more
Median Value of Occupied Housing Units in Caldwell County, North Carolina Over the Last 8 Years
Caldwell County, North Carolina has seen a significant rise in median home values over the past eight years, jumping from $108,100 in 2015 to $158,300 in 2022. This growth trend is interesting, particularly when compared to state and national figures. In the same period, North Carolina's median home value increased from $154,900 to $234,900, and across the United States, values went from $125,500 to $179,400. While Caldwell County's home values are lower overall, the consistent appreciation may make it a compelling location for investors and new residents looking for growth potential at a more affordable entry point.
Residential Energy Tax Credit Per Tax Return in Caldwell County, NC Over the Last 9 Years
Caldwell County, North Carolina has seen fluctuating residential energy tax credits over the past nine years, peaking significantly in 2018 at an impressive $1,800.00. This spike followed a relatively steady increase from $300.00 in 2013 to $816.67 in 2017, suggesting a growing investment in energy-efficient home improvements. For potential property investors and homeowners, these varying credits could indicate both an opportunity for tax savings and a thriving market for sustainable home upgrades. Appraisers and insurance agents might find the trend useful for assessing property values and risks associated with energy-efficient installations.
Average Real Estate Taxes Per Tax Return in Caldwell County, NC Over the Last 10 Years
Over the past decade, Caldwell County, North Carolina, has seen a steady increase in average real estate taxes per tax return, jumping from $1,737.78 in 2012 to $3,492.92 in 2021. This significant rise, especially notable in the sharp uptick between 2017 and 2018, suggests growing property values or changing tax policies. This trend may be of particular interest to investors, property developers, and real estate agents analyzing market dynamics, and residents concerned with the implications of rising property taxes on their expenses.
Percentage of Farm Returns in Caldwell County, NC Over the Last 10 Years
Over the last decade, Caldwell County, North Carolina has seen a slight overall decline in the percentage of farm tax returns, dropping from around 1.06% in 2012 to about 0.72% in 2021. This trend might suggest a shift away from agricultural activities in the county, potentially impacting land use and property investment opportunities. Farm tax returns represent the filings made by farm owners for tax purposes, which can indicate the health and scale of agricultural operations in an area. This data could be crucial for investors and potential property buyers considering the long-term viability and growth potential in Caldwell County.
Number of Mortgages by Occupancy Type in Caldwell County, NC Over the Last 5 Years in Caldwell County
In Caldwell County, North Carolina, the trend shows a sustained predominance of mortgages for principal residences over the last five years, peaking at 4,814 in 2021. Investment properties and second residences have seen relatively minor fluctuations, with the highest count for investment properties in 2021 at 159 and second residences in 2020 at 168. These shifts in occupancy types possibly indicate changing demographics and housing needs, crucial for investors looking for stable returns and housing developers strategizing new projects. For appraisers and insurance agents, understanding these occupancy trends can influence property valuations and risk assessments, respectively. Real estate professionals and residents alike would find this data insightful for making informed decisions in the local market.
Economic Outlook
Caldwell County, North Carolina has seen a consistent rise in average taxable income per tax return over the past nine years, peaking at $56,015.11 in 2021. This may point to growing economic stability, which is compelling for potential investors. Average state and local income taxes have doubled over the past decade, from $5,556.00 in 2012 to $11,729.46 in 2021, reflecting perhaps both higher incomes and increased tax rates. The average total tax liability has also trended upwards, suggesting... Read more
Average Taxable Income per Tax Return in Caldwell County, NC over the last 9 years
Over the past nine years, Caldwell County, North Carolina has shown a consistent upward trend in average taxable income per tax return, with a significant spike noted in 2021 reaching $56,015.11. This could potentially indicate a growing economic stability in the area, albeit with some yearly fluctuations prior to 2021. For those looking to invest or settle here, this trend may suggest a strengthening local economy.
Average State and Local Income Taxes Per Tax Return in Caldwell County, NC Over the Last 10 Years
Caldwell County, North Carolina has seen a significant increase in average state and local income taxes per tax return over the last decade. Starting at $5,556.00 in 2012, the trend showed some fluctuation in the early years, but there is a noticeable surge from 2018 onwards, peaking at $11,729.46 in 2021. This upward trajectory may indicate rising incomes, higher tax rates, or a combination of both, which is crucial information for investors and real estate agents looking to understand the economic climate. It could also be relevant for those considering relocating to the area, as higher tax liabilities may affect cost of living considerations.
Average Total Tax Liability Per Tax Return in Caldwell County, NC Over the Last 10 Years
Over the past decade, Caldwell County, North Carolina, has seen a fluctuating yet generally upward trend in average total tax liability per tax return, rising from $5,369.31 in 2012 to $7,511.32 in 2021. This increase may suggest economic growth or rising incomes, presenting potential opportunities for real estate investors, appraisers, and insurance agents. The notable spike in 2021 could indicate shifts in the local economy or changes in tax policies, which can be significant for prospective homeowners and businesses evaluating the area's financial landscape.
Cost of Living in Caldwell County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $934 | $1,295 | $1,825 | $1,091 | $996 |
| 1 adult 4 children | $934 | $1,057 | $1,395 | $1,091 | $1,074 |
| 2 adults 3 children | $934 | $1,058 | $1,584 | $1,091 | $813 |
| 1 adult 3 children | $934 | $864 | $1,154 | $1,091 | $803 |
| 2 adults 2 children | $715 | $866 | $1,343 | $962 | $704 |
| 1 adult 2 children | $715 | $647 | $912 | $962 | $615 |
| 2 adults 1 child | $715 | $684 | $1,102 | $543 | $666 |
| 1 adult 1 child | $715 | $442 | $671 | $543 | $552 |
| 2 adults | $588 | $550 | $860 | $0 | $560 |
| 1 adult | $584 | $300 | $430 | $0 | $508 |
Safety trends & Data
Caldwell County, North Carolina, has experienced noteworthy changes in property crime over the past five years. Burglaries and larceny-theft saw a consistent decrease from 2018 to 2022, while fraud incidents plummeted from 215 in 2018 to just 23 by 2021. Vandalism and motor vehicle theft also showed overall declines, indicating a possible improvement in community safety. This trend may hint at better law enforcement or effective community programs, making Caldwell County potentially more... Read more
Property Crime Trends in Caldwell County, NC Over the Last 5 Years
Caldwell County, North Carolina, has seen notable fluctuations in property crime over the past five years. While burglaries and larceny-theft were substantially high in 2018, they showed a steady decline through 2022. Fraud incidents saw a significant drop, particularly from 215 in 2018 to just 23 by 2021. Vandalism and motor vehicle theft also decreased overall, highlighting a potential improvement in community safety. These trends could suggest a positive shift in law enforcement efficacy or community initiatives, possibly making Caldwell County a more attractive prospect for property investment and living.
Demographics
Caldwell County, North Carolina shows a slightly higher female than male population, with a nearly balanced gender ratio. The population reflects a broad age distribution, indicative of both young and aging demographics, which could impact local services and economic development. Educational attainment varies, with a significant portion having completed high school but fewer achieving higher education degrees, a factor that may influence the county's workforce development strategies. The racial... Read more
Race Distribution in Caldwell County, North Carolina (2022)
Educational Attainment in Caldwell County, North Carolina (2022)
Age Distribution in Caldwell County, North Carolina
Citizen Population in Caldwell County, North Carolina (2022)
Political Trends & Data
Caldwell County, North Carolina, leaned heavily Republican in the 2020 U.S. Presidential Election, with Republican votes potentially near 75% and Democrats around 24%. Minor parties like Libertarian and Green saw sparse support, hinting at limited impact. This strong Republican preference could suggest a deep-rooted partisan alignment or specific local issues influencing voter... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Caldwell County, North Carolina, leaned heavily Republican in the 2020 U.S. Presidential Election, with Republican votes potentially near 75%. Democrats lagged significantly, with their share around 24%. Minor parties like Libertarian and Green saw sparse support, hinting at limited impact. This strong Republican preference could suggest deep-rooted partisan alignment or specific local issues influencing voter behavior.
74.99% of voters voted for the Republican party in the 2020 Presidential Election
23.92% of voters voted for the Democrat party in the 2020 Presidential Election
0.64% of voters voted for the Livertarian party in the 2020 Presidential Election
0.14% of voters voted for the Green party in the 2020 Presidential Election
0.31% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Caldwell County, North Carolina, the student-to-teacher ratio has seen only minor fluctuations over the last decade, currently standing at 15 students per teacher, slightly above the national average of 14. This marginally higher ratio suggests potentially larger class sizes, which could impact individual student attention. For families, real estate investors, agents, appraisers, and even insurance agents, this data is pertinent when evaluating the desirability of the local school system and... Read more
Student-to-teacher ratio in Caldwell County, North Carolina over the last 10 years
The student-to-teacher ratio in Caldwell County, North Carolina has shown relatively minor fluctuations over the past decade, ranging from a high of just over fifteen students per teacher in 2014 to a low of around fourteen and a half in 2021. With a current ratio of 15 students per teacher in 2023, the county hovers slightly above the national average of 14. This marginal difference could imply slightly larger class sizes, which might impact individual student attention. For families considering relocating, this might be an area of interest. Similarly, real estate agents and investors might ponder this data when assessing the appeal of local schools. Appraisers and insurance agents could also find relevance in these figures, given their potential implications for neighborhood desirability and property values.
