Camden County Real Estate and Livability Trends
Camden County, North Carolina, has seen a consistent rise in average taxable income, jumping from $56,259.05 in 2013 to $72,813.97 by 2021, potentially attracting investor and developer interest. Median home values surged from $209,800 in 2015 to $261,000 in 2022, outpacing both state and national averages, which may signal high demand or unique market conditions. The fall in property crimes over... Read more
Camden County Market Trends
Camden County, North Carolina has witnessed notable growth in median home values, rising from $209,800 in 2015 to $261,000 in 2022, outpacing both state and national averages. This could indicate high demand or unique market conditions making it appealing for prospective homeowners and investors. Residential energy tax credits peaked at $1,280.00 in 2017, suggesting incentives for... Read more
Median Value of Occupied Housing Units in Camden County, North Carolina Over the Last 8 Years
Investors and potential homeowners in Camden County, North Carolina may find the recent trends in median home values compelling. While Camden County’s median home values have seen a significant increase from $209,800 in 2015 to $261,000 in 2022, this growth appears particularly striking when compared to statewide and national figures. North Carolina showed a rise from $154,900 to $234,900 over the same period, whereas the national median jumped from $125,500 to $179,400. This positions Camden County as experiencing a more rapid valuation growth, suggesting a possibly high demand or unique local market conditions that could be attractive for those looking to invest or relocate.
Residential Energy Tax Credit Per Tax Return in Camden County, NC Over the Last 8 Years
Over the past eight years, Camden County, North Carolina has seen fluctuations in the average residential energy tax credit per tax return, with a notable peak of $1,280.00 in 2017. The trend indicates increased incentives in some years, potentially reflecting higher residential investments in energy-efficient upgrades. This may be significant for prospective investors, developers, and real estate professionals considering the potential cost savings and tax benefits tied to energy-efficient home improvements in this county.
Average Real Estate Taxes Per Tax Return in Camden County, NC Over the Last 10 Years
Over the last decade, there has been a notable upward trend in average real estate taxes per tax return in Camden County, North Carolina. Starting from $1,896.13 in 2012, taxes have shown a steady increase, peaking recently at approximately $2,876.67 in 2021. This gradual rise might interest potential investors, real estate agents, and property developers, suggesting a growing community and potentially increasing property values. Insurance agents and appraisers should also consider this trend when assessing property risks and values.
Percentage of Farm Returns in Camden County, NC Over the Last 10 Years
Over the past decade, Camden County, North Carolina, has seen fluctuations in farm tax returns. Starting from 1.12% in 2012, the percentage peaked at 1.13% in 2013 before experiencing a general downward trend, with a notable dip to 0.82% in 2019, and settling around 0.87% in 2021. Farm tax returns, essentially, reflect the agricultural activity in the county and these variances could indicate changes in farming profitability, agricultural policies, or shifts in land use. This information is crucial for potential investors, property developers, and residents, as it helps gauge the economic health and agricultural viability of the area.
Number of Mortgages by Occupancy Type in Camden County, NC Over the Last 5 Years in Camden County
Camden County, North Carolina, has seen varied trends in the number of mortgages across different occupancy types over the last five years. Principal residences dominate the market with a significant increase in 2020 (1,280), displaying strong demand for primary housing. Investment properties have fluctuated but remained relatively low in volume, peaking in 2020 then dropping again by 2022. Meanwhile, second residences stayed consistently minimal. These changes in occupancy type offer insight for potential investors indicating a more stable market for primary homes, while builders and real estate agents might see fewer opportunities in secondary and investment properties. Appraisers and insurance agents should also note these trends for risk assessment and valuation purposes.
Economic Outlook
Camden County, North Carolina has seen a steady rise in average taxable income, moving from $56,259.05 in 2013 to $72,813.97 by 2021. This increasing financial capability might catch the eye of investors and developers looking for areas with promising growth. The upswing in incomes suggests a vibrant housing market, presenting opportunities for real estate agents. Additionally, the gradual rise in state and local income taxes, from $5,140.43 in 2012 to $6,253.33 in 2021, and notable... Read more
Average Taxable Income per Tax Return in Camden County, NC over the last 9 years
Camden County, North Carolina has seen a general upward trend in average taxable income per tax return over the past nine years. Notably, the average taxable income rose from $56,259.05 in 2013 to $72,813.97 by 2021, which could indicate improving economic conditions and potentially higher earning potential for residents. This rise in income might attract investors and developers looking for promising growth regions. For real estate agents and appraisers, the increasing incomes could also suggest a robust housing market. Insurance agents might consider this trend to tailor products that reflect the rising wealth in the county.
Average State and Local Income Taxes Per Tax Return in Camden County, NC Over the Last 10 Years
Camden County, North Carolina has seen a general upward trend in average state and local income taxes per tax return over the past decade. Starting at $5,140.43 in 2012, the average has risen to $6,253.33 by 2021, peaking notably in recent years. This kind of gradual increase might signal a growing fiscal contribution from residents, possibly tied to rising incomes or housing prices. Fluctuations around 2015 to 2017 suggest variability that could be worth exploring for insights into the county's economic resilience. Investors, real estate agents, and appraisers might find these trends indicative of evolving economic conditions, which can impact property values and investment returns.
Average Total Tax Liability Per Tax Return in Camden County, NC Over the Last 10 Years
Camden County, North Carolina has experienced notable fluctuations in average total tax liability per tax return over the past decade. Starting at $6,810.95 in 2012, there's been a general upward trend, peaking sharply at $9,545.75 in 2021. However, the values saw some volatility, like a dip to $7,056.18 in 2018 after a previous climb. While this may suggest economic growth or changes in tax policies, it offers a compelling snapshot for those interested in the financial landscape of the area, whether for investing, moving, or evaluating property values.
Cost of Living in Camden County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,196 | $1,399 | $2,297 | $808 | $1,328 |
| 1 adult 4 children | $1,196 | $1,143 | $1,759 | $808 | $1,407 |
| 2 adults 3 children | $1,196 | $1,143 | $1,992 | $808 | $1,070 |
| 1 adult 3 children | $1,196 | $933 | $1,454 | $808 | $1,127 |
| 2 adults 2 children | $884 | $936 | $1,686 | $712 | $897 |
| 1 adult 2 children | $884 | $699 | $1,148 | $712 | $819 |
| 2 adults 1 child | $884 | $740 | $1,381 | $402 | $858 |
| 1 adult 1 child | $884 | $478 | $843 | $402 | $703 |
| 2 adults | $718 | $594 | $1,075 | $0 | $739 |
| 1 adult | $704 | $324 | $538 | $0 | $617 |
Safety trends & Data
Investing or moving to Camden County, North Carolina, reveals an appreciable decline in property crimes over the last five years, particularly in burglary and larceny-theft incidents. Burglary values have dropped from 7 in 2018 to just 1 by 2020, while larceny-theft incidents have significantly decreased from 17 in 2018 to just 2 in 2020. Fraud cases, which started at 11 in 2018, also show a reduction trend, landing at only 1 by 2022. This suggests an overall improving security landscape,... Read more
Property Crime Trends in Camden County, NC Over the Last 5 Years
Investing or moving to Camden County, North Carolina, reveals an appreciable decline in property crimes over the last five years, particularly in burglary and larceny-theft incidents. Burglary values have dropped from 7 in 2018 to just 1 by 2020, while larceny-theft incidents have significantly decreased from 17 in 2018 to just 2 in 2020. Fraud cases, which started at 11 in 2018, also show a reduction trend, landing at only 1 by 2022. This suggests an overall improving security landscape, potentially enhancing property values and providing a more secure environment for residents and investors alike.
Demographics
Camden County, North Carolina, reveals interesting demographic nuances. The population is almost equally split between males and females. Education levels show a higher concentration of high school graduates and some college experience, with a decent number achieving bachelor's and graduate degrees. The age distribution skews towards middle-aged adults, but there's a noticeable population of seniors aged 65 and over. Racial diversity is limited, with a predominantly White population and smaller... Read more
Race Distribution in Camden County, North Carolina (2022)
Educational Attainment in Camden County, North Carolina (2022)
Age Distribution in Camden County, North Carolina
Citizen Population in Camden County, North Carolina (2022)
Political Trends & Data
Camden County, North Carolina, displayed a considerable Republican preference in the 2020 U.S. Presidential Election, with an estimated 72.4% GOP support compared to about 25.8% for Democrats. Minor parties barely made a dent, hinting at a deeply entrenched two-party system in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Camden County, North Carolina, exhibited a pronounced lean towards the Republican party in the 2020 U.S. Presidential Election, with potentially 72.4% of the vote. By contrast, Democrats garnered approximately 25.8%, reflecting a significant gap between the two major parties. Minor parties like the Libertarians and the Green Party combined for just over 1% of the vote, indicating a strong two-party preference among the electorate.
72.43% of voters voted for the Republican party in the 2020 Presidential Election
25.82% of voters voted for the Democrat party in the 2020 Presidential Election
1.28% 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
0.34% of voters voted for the Other party in the 2020 Presidential Election
School Data
Camden County, North Carolina's student-to-teacher ratio has generally been above the national average of 14, peaking at over 18 between 2019 and 2021. This could imply larger class sizes, potentially influencing the perceived quality of education. These trends might be useful for real estate professionals when evaluating the attractiveness of local school districts, or for insurance agents and construction industry planners considering community growth and new... Read more
Student-to-teacher ratio in Camden County, North Carolina over the last 10 years
Camden County, North Carolina's student-to-teacher ratio has fluctuated over the past decade but has generally remained above the national average of 14 students per teacher. In 2016, it reached a low of 14 students per teacher but peaked at over 18 students per teacher between 2019 and 2021. For those considering moving to or investing in the area, a higher student-to-teacher ratio may imply larger class sizes, which could impact the quality of education. Real estate professionals and appraisers might find this data useful when assessing the attractiveness of local school districts. Additionally, insurance agents and those in the construction industry may consider these trends when forecasting community growth and planning for new developments.
