Caswell County Real Estate and Livability Trends
Caswell County, North Carolina, showcases intriguing real estate trends with average taxable incomes jumping from $47,423.32 in 2020 to $52,087.65 in 2021, possibly signaling economic growth. Median home values have surged from $98,400 in 2015 to $138,600 in 2022, although still below state and national averages—making the area potentially attractive for buyers. Notably, residential energy tax... Read more
Caswell County Market Trends
In Caswell County, North Carolina, the median home values have more than doubled from $98,400 in 2015 to $138,600 in 2022, yet homes remain significantly more affordable compared to state ($234,900) and national ($179,400) averages. Residential energy tax credits saw a surge in 2018 averaging $2,600.00, hinting at increased investments in energy-efficient upgrades. Real estate taxes peaked at... Read more
Median Value of Occupied Housing Units in Caswell County, North Carolina Over the Last 8 Years
In Caswell County, North Carolina, the median home values have experienced a noticeable upward trend over the past eight years, jumping from $98,400 in 2015 to $138,600 in 2022. While this increase mirrors broader trends, it's interesting to note that homes here remain more affordable compared to both state and national averages. Caswell County's prices have been consistently lower, with the 2022 median value significantly trailing North Carolina's $234,900 and the national $179,400 mark. For potential investors or homebuyers, this relative affordability could make Caswell County an attractive market.
Residential Energy Tax Credit Per Tax Return in Caswell County, NC Over the Last 9 Years
Residential energy tax credits per tax return in Caswell County, North Carolina, have shown notable variability over the past nine years, with a significant spike in 2018 reaching an average of $2,600.00. Trend fluctuations may suggest changing local policies, economic factors, or adoption of energy-efficient technologies. This data could be relevant for investors, real estate agents, and appraisers as it indicates periods of increased homeowner investment in energy improvements, potentially boosting property values. Those considering building or upgrading properties might benefit from understanding these incentives to offset initial costs.
Average Real Estate Taxes Per Tax Return in Caswell County, NC Over the Last 10 Years
Real estate taxes per tax return in Caswell County, North Carolina have shown a steady increase over the past decade. Starting from approximately $1,564.77 in 2012, the average peaked at around $2,540.00 in 2020 before a slight decline to $2,329.03 in 2021. This trend suggests a growth in property values and potential tax adjustments to accommodate these shifts. For investors, insurance agents, and those looking to build or move to the area, these changes could reflect an evolving market with implications for future property costs and insurance considerations.
Percentage of Farm Returns in Caswell County, NC Over the Last 10 Years
The percentage of farm returns in Caswell County, North Carolina has seen a general decline over the past decade, dropping from about 5.12% in 2012 to approximately 3.64% in 2021. Farm tax returns indicate the portion of tax filings coming from agricultural activities, reflecting farming's economic footprint. A decrease in these numbers might hint at shifts in land use, economic viability for farming, or demographic changes, making it a significant indicator for potential investors, developers, and residents focusing on the region's agricultural viability and economic trends.
Number of Mortgages by Occupancy Type in Caswell County, NC Over the Last 5 Years in Caswell County
Caswell County, North Carolina has seen fluctuating numbers in mortgage applications for principal residences, investment properties, and second residences over the past five years. Principal residences typically dominate with the highest counts, peaking at 1031 in 2021 before dropping to 802 in 2022. Investment properties have remained relatively stable but low, ranging from 12 to 23 mortgages yearly. Second residences show less consistency, with a notable spike to 51 in 2020. These shifts in mortgage types can offer important insights for investors and developers, indicating potential market trends and demand variances. Real estate agents and appraisers might infer that the county's attractiveness for principal residences remains strong, while more varied interest in investment and second properties could signal evolving local economic or lifestyle factors.
Economic Outlook
Caswell County, North Carolina, has experienced a rising average taxable income per tax return, with a notable jump from $47,423.32 in 2020 to $52,087.65 in 2021. This trend could signal economic growth, attracting potential investors, developers, and real estate agents eyeing promising markets. The steady increase in state and local income taxes, peaking at $6,648.48 in 2021, hints at rising incomes or possible tax policy adjustments, impacting property values and insurance rates. Furthermore,... Read more
Average Taxable Income per Tax Return in Caswell County, NC over the last 9 years
Caswell County, North Carolina has seen a general upward trend in average taxable income per tax return over the last nine years. Notably, there was a substantial increase from $47,423.32 in 2020 to $52,087.65 in 2021. This consistent rise, particularly the recent spike, could suggest economic growth and may make the area attractive to potential investors, developers, and real estate agents looking for promising markets. Those interested in moving to or building property in the county might find this economic pattern encouraging, indicating a potentially more affluent resident base. Insurance agents and appraisers may be interested in these figures as they could reflect on local property values and risk profiles.
Average State and Local Income Taxes Per Tax Return in Caswell County, NC Over the Last 10 Years
Over the last decade, Caswell County, North Carolina has seen a steady increase in average state and local income taxes per tax return, with significant jumps particularly in 2018 ($5881.40), 2019 ($5997.67), and 2020 ($6194.29). This upward trend, peaking at $6648.48 in 2021, could indicate rising incomes or adjustments in tax policies. This matters for potential investors and new residents as it may reflect economic growth, while appraisers and real estate agents might see it as a signal of changing property values. Insurance agents and builders should be aware of these financial shifts as they could impact market dynamics and insurance rates.
Average Total Tax Liability Per Tax Return in Caswell County, NC Over the Last 10 Years
Caswell County, North Carolina has experienced a noticeable upward trend in average total tax liability per tax return over the past decade. Starting at $4,779.69 in 2012, figures have increased year-over-year, reaching $6,512.19 in 2021. This gradual rise could reflect various factors such as economic growth, property value appreciation, and potential changes in tax policies. Investors, real estate agents, and those looking to move or build in Caswell County might find this information crucial for financial planning and assessments.
Cost of Living in Caswell County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,080 | $1,375 | $1,801 | $1,049 | $1,108 |
| 1 adult 4 children | $1,080 | $1,123 | $1,377 | $1,049 | $1,201 |
| 2 adults 3 children | $1,080 | $1,124 | $1,562 | $1,049 | $895 |
| 1 adult 3 children | $1,080 | $917 | $1,139 | $1,049 | $918 |
| 2 adults 2 children | $771 | $920 | $1,324 | $918 | $745 |
| 1 adult 2 children | $771 | $687 | $900 | $918 | $663 |
| 2 adults 1 child | $771 | $727 | $1,085 | $492 | $700 |
| 1 adult 1 child | $771 | $470 | $662 | $492 | $582 |
| 2 adults | $676 | $584 | $847 | $0 | $613 |
| 1 adult | $635 | $319 | $424 | $0 | $542 |
Safety trends & Data
Property crime trends in Caswell County, North Carolina have shifted over the past five years, with burglary experiencing a notable drop from a peak of 8 arrests in 2019 to just 2 in 2020, and larceny-theft decreasing from 9 arrests in 2018 to 4 by 2020. Meanwhile, motor vehicle theft and fraud have remained low but steady. This fluctuation in crime rates may indicate a stabilizing yet cautious environment for property ownership and investments, which could be significant for insurance agents... Read more
Property Crime Trends in Caswell County, NC Over the Last 5 Years
Over the past five years, Caswell County, North Carolina has seen variances in property crime, with notable fluctuations in categories such as burglary and larceny-theft. Burglary peaked in 2019 with 8 arrests but dropped to just 2 in 2020, while larceny-theft also saw a significant decrease from its high of 9 arrests in 2018 to 4 arrests by 2020. Other categories like motor vehicle theft and fraud maintained low but consistent numbers. Understanding these trends could be vital for insurance agents and real estate investors, suggesting a potentially stabilized yet aware approach to property ownership and appraisals.
Demographics
Caswell County, North Carolina, showcases an intriguing demographic landscape. The adult population leans slightly male with 9473 men compared to 8727 women. Educationally, a significant portion of the population has at least a high school diploma, though there seems to be a noticeable drop in higher education degrees. The age distribution suggests a robust presence of adults in their prime working years, particularly ages 35 to 64. Racially, the county is predominantly White, with a notable... Read more
Race Distribution in Caswell County, North Carolina (2022)
Educational Attainment in Caswell County, North Carolina (2022)
Age Distribution in Caswell County, North Carolina
Citizen Population in Caswell County, North Carolina (2022)
Political Trends & Data
Caswell County, North Carolina, showed a strong Republican preference in the 2020 U.S. Presidential Election, with Republicans likely capturing around 59% of the vote. Democrats maintained a sturdy presence, garnering about 40%. Third parties and independents didn’t make much impact, collectively drawing just over 1% of the vote. This trend underlines a predominant two-party system with minimal sway from smaller parties in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Caswell County in North Carolina displayed notable Republican leanings in the 2020 U.S. Presidential Election, with votes likely skewing towards the Republican party at around 59%. The Democratic party seemed to maintain a significant presence, capturing roughly 40% of voter support. Third parties, including Libertarian and Green, along with other independents, appeared to garner minimal traction, collectively drawing just over 1% of the vote. This distribution hints at a predominantly two-party system with limited influence from smaller parties.
58.82% of voters voted for the Republican party in the 2020 Presidential Election
40.33% of voters voted for the Democrat party in the 2020 Presidential Election
0.53% of voters voted for the Livertarian party in the 2020 Presidential Election
0.16% of voters voted for the Green party in the 2020 Presidential Election
0.16% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Caswell County, North Carolina, the student-to-teacher ratio has notably increased from 14 in 2014 to approximately 17 in 2023. This upward trend might hint at either population growth or potential budget constraints in the school district. Families might find this concerning compared to the national average of 14 students per teacher, and it could indirectly impact property values and insurance risks, reflecting perceptions of the educational environment's... Read more
Student-to-teacher ratio in Caswell County, North Carolina over the last 10 years
Over the last decade, the student-to-teacher ratio in Caswell County, North Carolina has seen some fluctuation, notably increasing from 14 in 2014 to approximately 17 in 2023. This upward trend suggests there may be growing class sizes, which could impact the quality of education. Investors and real estate agents might see this as indicative of either burgeoning population growth or potential budgetary constraints within the school district. For families considering a move, a higher student-to-teacher ratio could be a concern compared to the national average of 14 students per teacher. Appraisers and insurance agents should consider these dynamics as they may indirectly affect property values and insurance risks, reflecting the educational environment's perceived quality.
