Catawba County Real Estate and Livability Trends
In Catawba County, North Carolina, rising average taxable incomes from $50,495.83 in 2013 to $73,700.57 in 2021 suggest stronger economic conditions that could attract investors and new residents. The county's median home values have caught up to state and national averages, reaching $194,000 in 2022, indicating potential opportunities for investors and buyers. Real estate taxes per return have... Read more
Catawba County Market Trends
Catawba County, North Carolina has seen its median home values catch up to state and national averages, reaching $194,000 in 2022. This narrowing gap signals potential opportunities for investors and buyers. The residential energy tax credit per return, which peaked at $2925.00 in 2018 and was $1092.94 in 2021, suggests fluctuating investment in energy-efficient upgrades. Real estate taxes per... Read more
Median Value of Occupied Housing Units in Catawba County, North Carolina Over the Last 8 Years
Catawba County, North Carolina has seen a steady rise in median home values over the past eight years, reaching $194,000 in 2022. While the county's prices have generally trailed both state and national averages, the gap has narrowed significantly. As of 2022, North Carolina's median home value stands at $234,900, and the national median is $179,400. This could signal an opportune time for investors and home buyers in Catawba County, as the area appears to be catching up in overall property value momentum, making it an increasingly attractive market.
Residential Energy Tax Credit Per Tax Return in Catawba County, NC Over the Last 9 Years
Catawba County, North Carolina has seen a notable fluctuation in the average residential energy tax credit per tax return over the past nine years. Starting at $356.86 in 2013, there was a significant spike to $2925.00 in 2018 before leveling off again. The most recent data from 2021 shows an increase to $1092.94. These shifts could suggest varying levels of investment or government incentives in energy-efficient home improvements. For potential investors, homeowners, and industry professionals, this may hint at cyclical opportunities and evolving market dynamics that merit close attention.
Average Real Estate Taxes Per Tax Return in Catawba County, NC Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Catawba County, North Carolina, have generally trended upwards, starting at approximately $2,161.89 in 2012 and rising to around $4,324.30 by 2021. This notable increase could reflect escalating property values, shifting municipal budgets, or changes in taxation policies, all of which are pertinent factors for potential investors, homeowners, and real estate professionals to consider. The sharpest spikes appear between 2017 and 2018, and again from 2018 to 2019, suggesting significant local fiscal changes or reassessments during those periods. This data might serve as a valuable insight for anyone evaluating property investments or the economic climate in Catawba County.
Percentage of Farm Returns in Catawba County, NC Over the Last 10 Years
Farm tax returns in Catawba County, North Carolina—representing filings specifically for income generated through farming—have shown a steady decline over the last decade, dropping from around 0.83% in 2012 to roughly 0.69% in 2021. This may indicate a shrinking agricultural sector, potentially impacting local investment in farming and related industries. If you're considering moving to, investing in, or building property in Catawba County, understanding this decline could be crucial, as it may reflect broader economic shifts within the region.
Number of Mortgages by Occupancy Type in Catawba County, NC Over the Last 5 Years in Catawba County
Over the past five years, Catawba County, North Carolina has seen a noticeable shift in the number of mortgages across different occupancy types. Principal residences consistently make up the majority of mortgages, peaking significantly in 2021 with over 11,000 counts. Investment properties show a moderate but steady increase, possibly hinting at growing interest among investors. Second residences remain the least common, with their numbers rising and falling but never exceeding 300 counts in any given year. These trends matter because the dominance of principal residence mortgages might suggest a stable and growing residential market, appealing to new homeowners and families. The rise in investment property mortgages, though smaller in number, could indicate burgeoning opportunities for rental investments and real estate growth. For investors, appraisers, and insurance agents, understanding these dynamics could be crucial for resource allocation, risk assessment, and strategic planning in the county.
Economic Outlook
In Catawba County, North Carolina, the average taxable income per tax return has jumped from $50,495.83 in 2013 to $73,700.57 in 2021, hinting at stronger economic conditions that could attract investors and new residents. Alongside this, state and local income taxes have surged, from $6,891.30 in 2012 to $16,668.50 in 2021, indicating possible economic growth but also higher tax liabilities. Additionally, the average total tax liability has grown from $8,127.63 in 2012 to $12,416.22 by 2021,... Read more
Average Taxable Income per Tax Return in Catawba County, NC over the last 9 years
In Catawba County, North Carolina, the average taxable income per tax return has seen a noticeable upward trend over the past nine years. From $50,495.83 in 2013 to $73,700.57 in 2021, this significant increase could suggest improving economic conditions, potentially making the area more attractive for investors, new residents, and real estate professionals. The steady rise, especially a substantial jump in 2021, might indicate a strengthening job market or rising wages, factors which could impact property values and demand in this county.
Average State and Local Income Taxes Per Tax Return in Catawba County, NC Over the Last 10 Years
Catawba County, North Carolina has seen a significant increase in average state and local income taxes per tax return over the past decade. From $6,891.30 in 2012 to $16,668.50 in 2021, there's been a noticeable upward trend, particularly spiking between 2017 and 2018. Such a rise could be indicative of economic growth or increased income levels, making this area potentially promising for investors and real estate agents, though also necessitating consideration for higher tax liabilities among residents and business owners. This trend might also be key for appraisers and insurance agents assessing property and financial risks.
Average Total Tax Liability Per Tax Return in Catawba County, NC Over the Last 10 Years
Average total tax liability per tax return in Catawba County, North Carolina has seen a notable increase over the past decade. In 2012, the average liability was approximately $8,127.63, which steadily rose to about $12,416.22 by 2021. This upward trend may suggest a growing economy and possibly increasing incomes in the area, which could be of interest to potential investors, real estate agents, and anyone considering moving to Catawba County. Additionally, these increasing averages may influence property appraisals and insurance factors, making it an important consideration for anyone looking to build or invest in property within the county.
Cost of Living in Catawba County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,098 | $1,432 | $1,825 | $1,132 | $1,134 |
| 1 adult 4 children | $1,098 | $1,169 | $1,395 | $1,132 | $1,219 |
| 2 adults 3 children | $1,098 | $1,170 | $1,584 | $1,132 | $912 |
| 1 adult 3 children | $1,098 | $955 | $1,154 | $1,132 | $937 |
| 2 adults 2 children | $841 | $957 | $1,343 | $999 | $780 |
| 1 adult 2 children | $841 | $715 | $912 | $999 | $702 |
| 2 adults 1 child | $841 | $757 | $1,102 | $564 | $732 |
| 1 adult 1 child | $841 | $489 | $671 | $564 | $610 |
| 2 adults | $691 | $608 | $860 | $0 | $606 |
| 1 adult | $686 | $332 | $430 | $0 | $549 |
Safety trends & Data
Catawba County, North Carolina, has generally seen a decline in property crimes over the last five years. Burglary arrests dropped from 169.00 in 2018 to 86.00 in 2022, while larceny-theft arrests decreased from 565.00 to 189.00 over the same period. However, fraud and motor vehicle theft arrests have shown more volatility, pointing to potential focus areas for law enforcement and community safety programs. These crime trends could be crucial for investors, real estate agents, and insurance... Read more
Property Crime Trends in Catawba County, NC Over the Last 5 Years
Catawba County, North Carolina, has generally seen a decline in property crimes over the last five years, particularly in burglary and larceny-theft. Burglary arrests dropped from 169.0 in 2018 to 86.0 in 2022, while larceny-theft arrests decreased from 565.0 to 189.0 over the same period. Notably, arrests for fraud and motor vehicle theft have shown more volatility, hinting at potential focus areas for law enforcement and community safety programs. These trends could be crucial for investors, real estate agents, and insurance agents assessing the risk and security landscape of the area.
Demographics
Catawba County, North Carolina, appears to skew slightly towards more females, with a male-to-female ratio that's fairly balanced. The educational attainment data may suggest a strong emphasis on high school graduation, but figures for higher education degrees imply room for growth in college and graduate-level achievements. The age distribution hints at a relatively even spread across various age groups, with notable clusters in the working-age population. Racially, the county is predominantly... Read more
Race Distribution in Catawba County, North Carolina (2022)
Educational Attainment in Catawba County, North Carolina (2022)
Age Distribution in Catawba County, North Carolina
Citizen Population in Catawba County, North Carolina (2022)
Political Trends & Data
Catawba County in North Carolina likely leaned heavily Republican in the 2020 U.S. Presidential Election, with the GOP capturing nearly 68% of the vote. Democrats garnered around 31%, suggesting it might be a solid stronghold for the Republicans. Libertarian, Green, and other minor parties probably held minimal influence, each gathering less than 1% of the vote. These patterns may highlight the Republican dominance in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Catawba County in North Carolina likely leaned heavily Republican during the 2020 U.S. Presidential Election, with nearly 68% of the vote going to the GOP. The Democrats garnered around 31%, indicating it might be a solid stronghold for the Republicans. The Libertarian and Green parties, alongside other minor parties, probably held negligible influence with each gathering less than 1% of the vote. These trends may underscore the Republican dominance in this region.
67.83% of voters voted for the Republican party in the 2020 Presidential Election
30.79% of voters voted for the Democrat party in the 2020 Presidential Election
0.78% of voters voted for the Livertarian party in the 2020 Presidential Election
0.23% of voters voted for the Green party in the 2020 Presidential Election
0.36% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Catawba County, North Carolina, has edged down from 15.9 in 2014 to 14.82 in 2023, nearing the national average of 14 students per teacher. This improvement could enhance educational outcomes, making the area more attractive to families who prioritize education. For investors and real estate agents, these trends might indicate a positive shift in local school system quality, potentially influencing property valuations and development... Read more
Student-to-teacher ratio in Catawba County, North Carolina over the last 10 years
Over the past decade, the student-to-teacher ratio in Catawba County, North Carolina, has generally trended downward, with a notable reduction from 15.9 in 2014 to 14.82 in 2023. This shift brings the county closer to the national average of 14 students per teacher, potentially enhancing educational outcomes and making the area more attractive to families prioritizing education. For investors, real estate agents, and those planning to move to or develop property in the region, these changes might signal a positive trajectory in local school system quality, which can be a key factor in decision-making and property valuations.
