Columbus County Real Estate and Livability Trends
In Columbus County, North Carolina, the median home values increased from $83,900 in 2015 to $119,800 in 2022, despite still being below state and national medians, suggesting affordable investment potential. Rising average taxable incomes and significant jumps in state and local taxes per tax return indicate possible economic growth. Declines in property crimes and a shift in land utilization... Read more
Columbus County Market Trends
Columbus County, North Carolina has experienced a jump in median home values from $83,900 in 2015 to $119,800 in 2022, yet these remain lower than both state and national medians, presenting an affordable investment opportunity. Residential energy tax credits have risen sharply, peaking at $1,387.50 in 2018, indicating growing homeowner interest in energy-efficient improvements. Real estate taxes... Read more
Median Value of Occupied Housing Units in Columbus County, North Carolina Over the Last 8 Years
Columbus County, North Carolina has experienced a significant upward trajectory in median home values over the past eight years, jumping from $83,900 in 2015 to $119,800 in 2022. While impressive, these values are still considerably lower than the state median, which rose from $154,900 to $234,900 in the same period, and even further below the national median, which increased from $125,500 to $179,400. This growing disparity might present a compelling opportunity for investors seeking more affordable property options with potential for continued appreciation, and for residents who wish to enter the housing market without the hefty price tags seen at state and national levels.
Residential Energy Tax Credit Per Tax Return in Columbus County, NC Over the Last 9 Years
In Columbus County, North Carolina, residential energy tax credits per tax return have exhibited a significant upward trend over the past nine years. Notably, there was a marked jump in 2018, when the average tax credit soared to $1,387.50, up from $661.90 in 2017. This increase, coupled with sustained high averages in subsequent years, suggests a growing adoption of energy-efficient improvements by homeowners. Investors, real estate agents, and property builders may find this trend particularly interesting as it indicates a community increasingly focused on sustainability, which could enhance property values and appeal.
Average Real Estate Taxes Per Tax Return in Columbus County, NC Over the Last 10 Years
In Columbus County, North Carolina, real estate taxes per tax return have shown a curious upward trajectory over the last decade, starting from $2,116.95 in 2012 and reaching $3,394.92 by 2021. A notable spike occurred between 2017 and 2018, where taxes jumped from $2,356.25 to $3,088.24. This trend may suggest increasing property values or changes in tax policy, which could impact potential investments and property development costs. Tracking these changes could be crucial for appraisers, insurance agents, and real estate agents to provide accurate advice and valuations. Potential homebuyers and investors might also find these trends important while considering their financial commitments in the area.
Percentage of Farm Returns in Columbus County, NC Over the Last 10 Years
The percentage of farm tax returns in Columbus County, North Carolina has seen a general decline over the past decade, starting at around 3.90% in 2012 and dropping to approximately 2.50% by 2021. Farm tax returns are crucial indicators of agricultural activity, representing the filings from farm owners and operators who report income and expenses related to farming. This trend might suggest a contraction in the farming sector, potentially driven by economic challenges or shifts in land use. Investors and property developers could interpret this downtrend as a signal of evolving land utilization patterns, possibly opening opportunities for alternative developments. For residents and those considering moving to the area, these shifts could impact local economic conditions and community dynamics.
Number of Mortgages by Occupancy Type in Columbus County, NC Over the Last 5 Years in Columbus County
In Columbus County, North Carolina, the number of mortgages for principal residences has seen a steady rise over the past five years, highlighted by a peak in 2021 with 2,117 mortgages. Investment property mortgages have incrementally grown, reaching 64 in 2022, while second residence mortgages have remained relatively stable. This trend suggests a growing preference for primary homeownership which might imply enhanced economic stability or an attractive housing market. Shifts in occupancy types can matter quite a bit for stakeholders—investors might view increasing investment property mortgages as a sign of rising rental demand, whereas real estate agents and appraisers might focus on the strong primary home market to guide pricing strategies and valuation. Insurance agents may also interpret a rise in principal residences as indicating heightened coverage needs. For those looking to build, understanding these trends can assist in targeting the right type of housing to meet market demand.
Economic Outlook
In Columbus County, North Carolina, the average taxable income per tax return has risen from $39,032.14 in 2013 to $50,290.63 by 2021, suggesting potential economic improvements. Meanwhile, the average state and local income taxes per tax return have shown significant volatility, doubling from $4,865.78 in 2017 to $9,980.65 by 2021. Similarly, the average total tax liability per tax return increased from $5,328.04 in 2012 to $6,874.18 in 2021. These trends hint at growing incomes or rising... Read more
Average Taxable Income per Tax Return in Columbus County, NC over the last 9 years
For those interested in Columbus County, North Carolina, the average taxable income per tax return has shown generally upward momentum over the past nine years. Starting at $39,032.14 in 2013, the figure increased moderately but steadily, peaking at $50,290.63 by 2021. Such trends could imply a gradual enhancement in economic conditions or earning potential, making the county potentially appealing for investors, new residents, or property developers. However, the significant jump in 2021 might warrant further investigation to understand its sustainability and the underlying factors driving this increase.
Average State and Local Income Taxes Per Tax Return in Columbus County, NC Over the Last 10 Years
Over the past decade, Columbus County in North Carolina has seen significant fluctuations in average state and local income taxes per tax return. From a starting point of around $5,098.36 in 2012, there was a general downward trend until 2017 when it hit approximately $4,865.78. Notably, 2018 marked a substantial increase, continuing to skyrocket in subsequent years, peaking at $9,980.65 in 2021. These changes may reflect broader economic shifts, policy changes, or demographic developments within the county, which are key considerations for potential investors, real estate agents, and those looking to move to the area.
Average Total Tax Liability Per Tax Return in Columbus County, NC Over the Last 10 Years
In the last decade, Columbus County, North Carolina has seen a gradual increase in the average total tax liability per tax return, from $5,328.04 in 2012 to $6,874.18 in 2021. Although there's been some fluctuation, the overall trend shows a rise, which could suggest growing incomes or property values. This is useful for appraisers and insurance agents assessing risk or property values, and essential for real estate agents and prospective investors understanding the tax landscape. The rising tax liability may reflect economic growth opportunities, making it a potentially attractive area for future developments.
Cost of Living in Columbus County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $962 | $1,307 | $2,168 | $1,092 | $1,153 |
| 1 adult 4 children | $962 | $1,067 | $1,660 | $1,092 | $1,225 |
| 2 adults 3 children | $962 | $1,068 | $1,879 | $1,092 | $920 |
| 1 adult 3 children | $962 | $872 | $1,372 | $1,092 | $927 |
| 2 adults 2 children | $771 | $874 | $1,591 | $945 | $799 |
| 1 adult 2 children | $771 | $653 | $1,084 | $945 | $708 |
| 2 adults 1 child | $771 | $691 | $1,302 | $466 | $728 |
| 1 adult 1 child | $771 | $446 | $795 | $466 | $592 |
| 2 adults | $586 | $555 | $1,014 | $0 | $603 |
| 1 adult | $582 | $303 | $507 | $0 | $528 |
Safety trends & Data
Columbus County, North Carolina has experienced a noteworthy decline in property crimes over the past five years. Burglary incidents have dropped from 64 in 2018 to 13 in 2022. Larceny-theft, despite still being relatively high, has decreased from 139 in 2018 to 54 in 2022. This overall downturn in property crime might appeal to potential investors, homeowners, real estate developers, and insurance agents, suggesting a potentially safer and more stable... Read more
Property Crime Trends in Columbus County, NC Over the Last 5 Years
Columbus County, North Carolina has seen a notable decline in various property crimes over the last five years. Burglary incidents dropped significantly from 64 in 2018 to just 13 in 2022, while fraud and vandalism cases also declined. Larceny-theft, though still relatively high, also showed a decreasing trend from 139 in 2018 to 54 in 2022. This overall downturn in property crime could make Columbus County more attractive to potential investors, homeowners, real estate developers, and insurance agents, reflecting a potentially safer and more stable environment.
Demographics
Columbus County, North Carolina, exhibits a balanced gender distribution, with nearly equal numbers of adult males and females. Educational attainment demonstrates considerable variation; while a significant portion of the population has completed high school, fewer hold higher degrees. The age spread suggests a mature populace, with a relatively high number of residents aged 55 and above, hinting at strategic community planning for an aging population. Racially, the county is predominantly... Read more
Race Distribution in Columbus County, North Carolina (2022)
Educational Attainment in Columbus County, North Carolina (2022)
Age Distribution in Columbus County, North Carolina
Citizen Population in Columbus County, North Carolina (2022)
Political Trends & Data
In Columbus County, North Carolina, the real estate market trends might be influenced by its strong conservative leaning, with approximately 63.6% of votes for the Republican party in the 2020 U.S. Presidential Election. This likely reflects a community where traditional values are significant, potentially attracting buyers with similar political and social preferences. Housing demand could align with conservative investment habits, potentially impacting property values and market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Columbus County, North Carolina, the 2020 U.S. Presidential Election votes likely reflected a strong preference for the Republican party, capturing approximately 63.6% of the votes. Democratic support appeared substantial but distant, potentially securing around 35.7%. Libertarians, Green Party members, and other parties garnered minimal support, each receiving less than 1% of the total vote. This distribution suggests a predominantly conservative leaning within the county, with minor representation from alternative political movements.
63.65% of voters voted for the Republican party in the 2020 Presidential Election
35.72% of voters voted for the Democrat party in the 2020 Presidential Election
0.33% of voters voted for the Livertarian party in the 2020 Presidential Election
0.09% of voters voted for the Green party in the 2020 Presidential Election
0.22% of voters voted for the Other party in the 2020 Presidential Election
School Data
Columbus County, North Carolina has seen its student-to-teacher ratio range between 14 and 17 over the past decade, frequently surpassing the national average of 14 students per teacher. These fluctuations might influence perceptions of classroom crowding and, consequently, local property values. Changes in this ratio could hint at trends in educational funding or population growth, which are critical factors for investors and families evaluating the area's long-term investment... Read more
Student-to-teacher ratio in Columbus County, North Carolina over the last 10 years
Columbus County, North Carolina has experienced fluctuations in its student-to-teacher ratio over the last decade, with values oscillating between 14 and 17. Most years, such as 2014 and 2023, have ratios slightly above the national average of 14 students per teacher. This variation might affect perceptions of classroom crowding and potentially impact property values, as school quality often influences real estate decisions. For investors and families considering the area, these changes could signify shifts in educational funding or population growth that may affect long-term investment strategies.
