Graham County Real Estate and Livability Trends
Average taxable income per tax return in Graham County, North Carolina has climbed from $36,428.44 in 2013 to $52,246.59 in 2021, indicating possible economic growth that might catch the eye of investors and realtors. Median home values have seen ups and downs, hitting $115,600 in 2021 before rising to $134,000 in 2022, with real estate taxes following a marked upward trend from $1,472.00 in 2012... Read more
Graham County Market Trends
Graham County, North Carolina's housing market has shown volatility, with median home values dropping to $115,600 in 2021 before climbing to $134,000 in 2022. In comparison, North Carolina's statewide median values have consistently increased, reaching $234,900 in 2022. The average residential energy tax credit per return in Graham County peaked at $450.00 in 2021, reflecting inconsistent... Read more
Median Value of Occupied Housing Units in Graham County, North Carolina Over the Last 8 Years
Over the last eight years, Graham County, North Carolina, has seen fluctuating median home values, with the figure dipping as low as $115,600 in 2021 before rebounding sharply to $134,000 in 2022. In contrast, median home values across North Carolina have consistently increased, peaking at $234,900 in 2022. Compared to national trends, Graham County's housing market appears more volatile and lags behind in growth, making it an intriguing option for those looking for potentially undervalued investment opportunities.
Residential Energy Tax Credit Per Tax Return in Graham County, NC Over the Last 5 Years
Graham County, North Carolina, has seen fluctuations in the average residential energy tax credit per tax return over the last five years, with a noticeable peak in 2021 at $450.00. Between 2013 and 2016, the average credit varied from $225.00 to $333.33, indicating an inconsistent adoption of energy-efficient improvements. This trend suggests potential volatility in energy efficiency investments, which could be critical for those considering property improvements, appraising real estate values, and evaluating long-term energy costs in the area.
Average Real Estate Taxes Per Tax Return in Graham County, NC Over the Last 10 Years
Over the past decade in Graham County, North Carolina, average real estate taxes per return have shown a notable upward trend, starting from $1,472.00 in 2012 and peaking at $3,288.89 in 2019. This steady increase, particularly sharp since 2017, indicates rising property values and potentially increased investment in local infrastructure. It might suggest greater municipal investment or changes in tax policies that could interest real estate investors, property developers, and new residents evaluating the financial climate of the region.
Percentage of Farm Returns in Graham County, NC Over the Last 10 Years
The percentage of farm tax returns in Graham County, North Carolina over the last decade has fluctuated between 2.15% and 2.75%, with a slight peak around 2015-2018. Farm tax returns provide critical data indicating the county's agrarian activities and economic health. For investors, this data suggests potential stability in agricultural investments, while prospective property builders and new residents might view it as an indicator of the local lifestyle and economy. The general stability in these percentages hints at a consistent agricultural presence which could be attractive for those interested in rural and farming communities.
Number of Mortgages by Occupancy Type in Graham County, NC Over the Last 5 Years in Graham County
Over the past five years in Graham County, North Carolina, there's been a noticeable shift in the types of properties being mortgaged. Principal residences have consistently represented the bulk of mortgages but showed a decline in 2022 compared to a peak in 2021. Second residences saw varying levels of interest, peaking in 2020, which might indicate a trend towards vacation or part-time living. Investment properties, while remaining a smaller segment, have seen a gradual increase, which could interest investors looking for rental or resale opportunities. For those interested in real estate investment, these changing dynamics might signal shifts in demand and potential profitability in the county. Understanding occupancy type trends can guide appraisers and insurance agents in assessing property value and risk more accurately. For builders and real estate agents, these insights can help tailor their offerings to meet the evolving demands of the local market.
Economic Outlook
Average taxable income per tax return in Graham County, North Carolina has steadily risen from $36,428.44 in 2013 to $52,246.59 in 2021, suggesting economic improvement that could appeal to potential investors and real estate agents. State and local income taxes spiked dramatically in 2019, peaking at $10,488.89, hinting at significant changes in tax policy or economic conditions. The average total tax liability per tax return has fluctuated, with peaks like $6,062.96 in 2017 and $6,662.31 in... Read more
Average Taxable Income per Tax Return in Graham County, NC over the last 9 years
Average taxable income per tax return in Graham County, North Carolina has seen a consistent rise over the past nine years. Starting at $36,428.44 in 2013, it climbed gradually to $52,246.59 in 2021, indicating a steady economic improvement. This positive trend could be attractive for potential investors and real estate agents as growing incomes often correlate with increased consumer spending power. For appraisers and insurance agents, the increasing taxable incomes might signal rising property values and potential demand for higher coverage options. For those moving to or living in the area, this data might reflect broader economic growth, suggesting a potentially healthier local economy.
Average State and Local Income Taxes Per Tax Return in Graham County, NC Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Graham County, North Carolina have shown a marked increase, particularly from 2017 onwards, peaking dramatically in 2019 at $10,488.89. This sharp rise could be of particular interest to potential investors, real estate agents, and anyone looking to move to the area, as it suggests notable changes in the county's tax policy or economic conditions. Tax professionals, appraisers, and insurance agents should be aware of this trend, given its potential impact on the financial planning and investment strategies of their clients.
Average Total Tax Liability Per Tax Return in Graham County, NC Over the Last 10 Years
Over the past decade, Graham County, North Carolina has seen a fluctuating average total tax liability per tax return, with notable peaks such as $6,062.96 in 2017 and $6,662.31 in 2021. These jumps could suggest changes in the local economy or tax policy adjustments. For those investing in the area, this variability in tax liability might impact financial planning, while homeowners and real estate professionals might consider these trends when assessing property values and potential returns. Insurance agents might also find these figures useful for estimating coverage needs based on economic conditions.
Cost of Living in Graham County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $992 | $1,323 | $2,023 | $1,050 | $1,136 |
| 1 adult 4 children | $992 | $1,080 | $1,549 | $1,050 | $1,218 |
| 2 adults 3 children | $992 | $1,081 | $1,754 | $1,050 | $911 |
| 1 adult 3 children | $992 | $882 | $1,280 | $1,050 | $927 |
| 2 adults 2 children | $771 | $885 | $1,485 | $919 | $788 |
| 1 adult 2 children | $771 | $661 | $1,011 | $919 | $705 |
| 2 adults 1 child | $771 | $699 | $1,217 | $493 | $735 |
| 1 adult 1 child | $771 | $452 | $743 | $493 | $607 |
| 2 adults | $586 | $562 | $948 | $0 | $608 |
| 1 adult | $582 | $306 | $474 | $0 | $540 |
Safety trends & Data
Property crime trends in Graham County, North Carolina, have seen notable fluctuations over the past five years. Burglary incidents spiked from 4.0 in 2019 to 18.0 in 2021, while larceny-theft cases dropped significantly from 12.0 in 2018 to 3.0 in 2019, stabilizing slightly higher afterwards. Motor vehicle theft remains fairly rare, averaging around 1.0 annually, with a minor peak of 5.0 in 2018. Vandalism varied, peaking at 11.0 in 2018 but declining to just 1.0 in 2022. Fraud and other... Read more
Property Crime Trends in Graham County, NC Over the Last 5 Years
Property crime trends in Graham County, North Carolina, have displayed notable fluctuations over the past five years, with burglary incidents spiking from 4.0 in 2019 to 18.0 in 2021. Larceny-theft cases saw a significant drop from 12.0 in 2018 to 3.0 in 2019, before stabilizing at slightly higher levels through subsequent years. Motor vehicle theft remains fairly uncommon, averaging around 1.0 annually, with a slight peak in 2018 at 5.0 arrests. Vandalism incidents have varied, peaking at 11.0 in 2018 but declining to just 1.0 in 2022. Fraud and other property crimes like arson and counterfeiting have generally maintained low occurrences. For potential investors, developers, and residents, understanding these trends could provide valuable insights into safety and property protection within the region.
Demographics
Graham County, North Carolina, exhibits a higher female adult population compared to males. Regarding education, a notable portion of residents hold at least a high school diploma, although fewer have attained a college degree. The area has a sizable elderly population, particularly among those aged 55 to 74 years. Predominantly White, the racial composition includes a small yet significant percentage of American Indian and Alaska Native individuals, while other racial groups are minimally... Read more
Race Distribution in Graham County, North Carolina (2022)
Educational Attainment in Graham County, North Carolina (2022)
Age Distribution in Graham County, North Carolina
Citizen Population in Graham County, North Carolina (2022)
Political Trends & Data
In Graham County, North Carolina, Republican dominance in political elections, with around 80% of the vote, highlights a strong conservative influence, potentially shaping local policies and voter priorities. Democrats garner approximately 19% of the vote, indicating challenges in gaining significant traction. This political landscape may offer insights into community values and future election... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Graham County, North Carolina, Republican candidates appear to significantly dominate the voter base with nearly 80% of the votes, while Democrats, receiving around 19%, potentially struggle to gain traction. Third-party candidates like the Libertarian and Green parties seem to make up only a small fraction of the electorate, indicating that the political landscape is predominantly polarized between the major parties with a heavy lean towards the Republican side. This trend might suggest a strong conservative influence in the area, influencing local policies and election strategies.
79.53% of voters voted for the Republican party in the 2020 Presidential Election
19.40% of voters voted for the Democrat party in the 2020 Presidential Election
0.56% of voters voted for the Livertarian party in the 2020 Presidential Election
0.11% of voters voted for the Green party in the 2020 Presidential Election
0.41% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past decade, the student-to-teacher ratio in Graham County, North Carolina has trended downward, from 14 students per teacher in 2014 to just under 13 by 2023. This declining ratio suggests a more favorable learning environment compared to the national average of 14 students per teacher. This shift could influence investors, prospective residents, and real estate agents, as it typically correlates with better educational outcomes and potentially higher property values. Additionally,... Read more
Student-to-teacher ratio in Graham County, North Carolina over the last 10 years
Over the past decade, the student-to-teacher ratio in Graham County, North Carolina has generally trended downward. Starting at 14 students per teacher in 2014, it has decreased to around 13 students per teacher by 2019, and further dipped to just under 13 by 2023. This trend indicates that the county's schools increasingly provide a more favorable learning environment compared to the national average of 14 students per teacher. This lower student-teacher ratio could be a crucial consideration for investors, prospective residents, and real estate agents, as it typically correlates with better educational outcomes and potentially higher property values. Additionally, insurance agents and appraisers might find this trend relevant as it often aligns with more stable and appealing communities.
