Henderson County Real Estate and Livability Trends
Henderson County, North Carolina, has seen median home values soar from $182,300 in 2015 to $291,500 in 2022, outpacing broader trends and reflecting strong market demand. The substantial rise in average real estate taxes to approximately $3,815.38 by 2021 underscores this valuation increase. Despite a stable market for principal residence mortgages, a sharp drop in investment property mortgages... Read more
Henderson County Market Trends
Henderson County, North Carolina has experienced a significant rise in median home values, jumping from $182,300 in 2015 to $291,500 in 2022, outpacing state and national trends. The average residential energy tax credit per tax return spiked to $3,584.62 in 2018, settling around $1,521.79 in 2021, suggesting increased adoption of energy-efficient upgrades by homeowners. Average real estate taxes... Read more
Median Value of Occupied Housing Units in Henderson County, North Carolina Over the Last 8 Years
Henderson County, North Carolina has seen a significant rise in median home values over the past eight years, jumping from $182,300 in 2015 to $291,500 in 2022. Compared to the state of North Carolina, where the median rose from $154,900 to $234,900 in the same period, Henderson County's property values have increased at a faster pace. This change outpaces the national median as well, which went from $125,500 to $179,400. This rapid growth suggests Henderson County might be an attractive option for investors and prospective homebuyers looking for higher-value returns or appreciating communities.
Residential Energy Tax Credit Per Tax Return in Henderson County, NC Over the Last 9 Years
Over the last nine years in Henderson County, North Carolina, the average residential energy tax credit per tax return has exhibited substantial fluctuations. Starting at $429.70 in 2013, it saw an upward trend peaking sharply in 2018 at $3,584.62, showing a significant investment in energy efficiency during that year. However, the values have somewhat stabilized but remain higher than initial figures, hovering around $1,521.79 by 2021. This could suggest increased awareness and adoption of energy-efficient upgrades among homeowners, indicating a potentially lucrative market for energy-efficient products and services for investors and real estate professionals.
Average Real Estate Taxes Per Tax Return in Henderson County, NC Over the Last 10 Years
Average real estate taxes per tax return in Henderson County, North Carolina have shown a steady increase over the past decade, rising from around $2,023.03 in 2012 to approximately $3,815.38 in 2021. This upward trend, particularly the notable jump between 2017 and 2018, suggests a growing demand and possibly increasing property values in the area. These insights can be useful for investors, real estate agents, and insurers when evaluating the changing financial landscape and cost implications of properties in Henderson County.
Percentage of Farm Returns in Henderson County, NC Over the Last 10 Years
Henderson County, North Carolina has seen a slight but consistent decline in farm tax returns over the past decade, dropping from around 0.92% in 2012 to approximately 0.72% in 2021. This trend might suggest shifts in land use or agricultural viability in the area. For those looking to invest, move, build property, or are simply interested in the local economy, this could imply changes in the agricultural landscape, potentially affecting local food production and land values. Consider this as a subtle indicator of evolving economic conditions within the county.
Number of Mortgages by Occupancy Type in Henderson County, NC Over the Last 5 Years in Henderson County
Over the past five years, Henderson County, North Carolina has seen a fluctuating pattern in mortgage counts across different occupancy types. Principal residence mortgages remain the dominant type, consistently outnumbering both investment and second residences. However, there’s been a noticeable decline from 2021 to 2022 in all categories, but investment properties experienced an acute drop, highlighting potential cooling in the local real estate investment market. This trend could signify shifting investor confidence or changes in market dynamics, which might influence decisions for prospective property buyers, developers, and real estate agents. The significant variance in mortgage types also offers valuable insights for appraisers and insurance agents aiming to understand property usage for accurate assessments.
Economic Outlook
Henderson County, North Carolina, has seen a consistent upward trend in average taxable income per tax return, jumping from $50,480.03 in 2013 to $75,724.07 in 2021, hinting at a potentially thriving local economy. Meanwhile, average state and local income taxes per tax return have fluctuated significantly, with a dramatic rise to $10,740.82 in 2021. These patterns, coupled with a general increase in average total tax liability, suggest shifts in income levels or tax policies. However, the... Read more
Average Taxable Income per Tax Return in Henderson County, NC over the last 9 years
Over the past nine years, Henderson County, North Carolina has seen a general upward trend in average taxable income per tax return. Starting from $50,480.03 in 2013, there's been a notable increase, reaching $75,724.07 in 2021. This growth may suggest a thriving local economy and potentially higher disposable incomes, which could be beneficial for real estate investments, insurance assessments, and property appraisals. Additionally, this steady rise in average income might attract new residents and businesses looking for prosperous communities.
Average State and Local Income Taxes Per Tax Return in Henderson County, NC Over the Last 10 Years
Over the past decade, Henderson County, North Carolina has experienced considerable fluctuations in average state and local income taxes per tax return. While the values hovered around $5,600.00 to $5,900.00 from 2012 to 2017, there was a notable jump to $7,787.44 in 2018, peaking dramatically at $10,740.82 in 2021. This trend may signal broader economic shifts, increased incomes, or changes in tax regulations, potentially affecting investment decisions and property values in the region.
Average Total Tax Liability Per Tax Return in Henderson County, NC Over the Last 10 Years
In Henderson County, North Carolina, the average total tax liability per tax return has shown a generally upward trend over the past decade, with figures rising from $7,224.67 in 2012 to a notable high of $11,716.88 in 2021. This could suggest an increase in average incomes or changes in tax policies affecting residents. For potential investors, real estate agents, and those planning to move to the area, understanding these fluctuations is key to assessing the economic environment and planning accordingly.
Cost of Living in Henderson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,788 | $1,532 | $2,060 | $1,338 | $1,735 |
| 1 adult 4 children | $1,788 | $1,251 | $1,576 | $1,338 | $1,836 |
| 2 adults 3 children | $1,788 | $1,252 | $1,787 | $1,338 | $1,459 |
| 1 adult 3 children | $1,788 | $1,022 | $1,303 | $1,338 | $1,573 |
| 2 adults 2 children | $1,345 | $1,025 | $1,514 | $1,180 | $1,116 |
| 1 adult 2 children | $1,345 | $765 | $1,030 | $1,180 | $1,137 |
| 2 adults 1 child | $1,345 | $810 | $1,241 | $666 | $1,021 |
| 1 adult 1 child | $1,345 | $523 | $757 | $666 | $871 |
| 2 adults | $1,191 | $651 | $967 | $0 | $829 |
| 1 adult | $1,165 | $355 | $484 | $0 | $731 |
Safety trends & Data
Henderson County, North Carolina has seen a noticeable decline in burglary and larceny-theft rates over the past five years, with incidents dropping from 108.00 and 253.00 in 2018 to 78.00 and 152.00 by 2022. Motor vehicle theft and vandalism numbers have remained relatively stable, but fraud incidents have significantly decreased from 136.00 in 2018 to 43.00 in 2022. For potential investors and local businesses, these trends may provide valuable insight into community safety and influence real... Read more
Property Crime Trends in Henderson County, NC Over the Last 5 Years
Over the last five years, Henderson County, North Carolina has shown varying trends in property crime. Burglary and larceny-theft rates have generally seen a decline since 2018, moving from 108.00 and 253.00 incidents respectively to 78.00 and 152.00 by 2022. Motor vehicle theft and vandalism numbers have remained relatively steady, while fraud incidents have noticeably decreased from 136.00 in 2018 to 43.00 in 2022. For potential investors, real estate agents, and local businesses, understanding these trends could inform safer decision-making and highlight community efforts in crime reduction.
Demographics
Henderson County, North Carolina, has a slightly higher female population (47,670) compared to males (42,957). When it comes to education, a significant portion of adults have at least a high school diploma, with a noticeable number holding bachelor’s degrees (18,490) and graduate or professional degrees (11,113). The age distribution suggests an aging population, with notable numbers in the 65-74 and 55-64 age brackets. Predominantly White (101,264), the racial demographics also include... Read more
Race Distribution in Henderson County, North Carolina (2022)
Educational Attainment in Henderson County, North Carolina (2022)
Age Distribution in Henderson County, North Carolina
Citizen Population in Henderson County, North Carolina (2022)
Political Trends & Data
In Henderson County, North Carolina, the real estate market might be influenced by the strong conservative leanings evidenced by the 2020 Presidential Election results, where around 58.5% of votes supported Republican candidates. This political landscape could suggest a community with values that may impact local housing policies, possibly favoring development patterns that align with conservative priorities. Minor party support was quite low, indicating a limited impact from Libertarian or... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Henderson County, North Carolina, Republican candidates garnered a significant portion of the vote in the 2020 Presidential Election with around 58.5%, while Democrats attracted close to 40%. Minor party support was comparatively low, with Libertarians receiving about 1% and Green Party votes nearly negligible. This suggests a strong leaning toward conservative preferences within the county.
58.55% of voters voted for the Republican party in the 2020 Presidential Election
39.80% of voters voted for the Democrat party in the 2020 Presidential Election
0.98% of voters voted for the Livertarian party in the 2020 Presidential Election
0.26% 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
Henderson County, North Carolina has seen its student-to-teacher ratio hover around the mid-15 range over the last decade, peaking at 15.84 in 2015 and dropping to a low of 14.78 in 2022. This consistently higher ratio compared to the national average of 14 students per teacher could imply slightly more crowded classrooms, potentially influencing the attractiveness of the area to families who prioritize education. For real estate investors and developers, this is a key factor that could impact... Read more
Student-to-teacher ratio in Henderson County, North Carolina over the last 10 years
Over the last decade, the student-to-teacher ratio in Henderson County, North Carolina has generally fluctuated around the mid-15 range, peaking at 15.84 in 2015 and dropping to a low of 14.78 in 2022. This figure has consistently been higher than the national average of 14 students per teacher. For potential investors, developers, or real estate agents, the somewhat higher ratio might suggest classrooms that are slightly more crowded compared to the national context, potentially affecting the perceived quality of education and, by extension, impacting property values and attractiveness to families prioritizing education. Similarly, for appraisers and insurance agents, understanding these dynamics could prove crucial in assessing risk and regional demand.
