Johnston County Real Estate and Livability Trends
Johnston County, North Carolina has seen a consistent increase in average taxable income per tax return, jumping from $50,287.12 in 2013 to $69,455.89 by 2021, signaling a healthier economy and potentially lucrative real estate investment opportunities. Median home values have soared from $145,500 in 2015 to $240,100 in 2022, outpacing state and national trends, suggesting strong market growth.... Read more
Johnston County Market Trends
The median home value in Johnston County, North Carolina has significantly outpaced both state and national trends, jumping from $145,500 in 2015 to $240,100 in 2022. This suggests strong market growth and makes the county an attractive spot for investment or relocation. The rise in average residential energy tax credits from $387.80 in 2013 to $2,608.24 in 2021 likely indicates increasing... Read more
Median Value of Occupied Housing Units in Johnston County, North Carolina Over the Last 8 Years
The median home value in Johnston County, North Carolina has experienced a steady increase over the past eight years, climbing from $145,500 in 2015 to $240,100 in 2022. This growth rate appears to outpace both state and national trends, with North Carolina's median home value rising from $154,900 in 2015 to $234,900 in 2022, and the U.S. median value increasing from $125,500 to $179,400 in the same period. This indicates that Johnston County could be an attractive market for those looking to invest, build, or move, as property values have shown robust and consistent growth.
Residential Energy Tax Credit Per Tax Return in Johnston County, NC Over the Last 9 Years
Over the past nine years, Johnston County, North Carolina has seen a significant increase in the average residential energy tax credit per tax return. From a modest $387.80 in 2013, it surged to $2,608.24 by 2021, with notable spikes in 2017 and 2018. This trend might suggest growing investments in energy-efficient upgrades among homeowners, potentially reflecting broader local adoption of green energy solutions. For investors, builders, and real estate professionals, this indicates a rising demand for properties with energy-efficient features, which may also impact property valuations and insurance considerations.
Average Real Estate Taxes Per Tax Return in Johnston County, NC Over the Last 10 Years
Over the last decade, real estate taxes in Johnston County, North Carolina have displayed a consistent upward trend. Starting at $2,001.11 per return in 2012, the average increased noticeably each year, peaking at $3,306.83 in 2020 before a slight dip to $3,265.85 in 2021. This steady climb in real estate taxes may reflect rising property values and increased demand in the area, making it an important consideration for investors, homebuyers, and real estate professionals.
Percentage of Farm Returns in Johnston County, NC Over the Last 10 Years
Johnston County, North Carolina has seen a declining trend in the percentage of farm tax returns over the past decade, dropping from roughly 1.48% in 2012 to about 0.78% in 2021. This decline in farm tax returns could suggest a shift away from agricultural activities or an increase in non-farming economic activities and population in the area. For those considering investment or relocation, these numbers might indicate a gradual diversification of the county's economic base, potentially translating into new business opportunities and changing community dynamics.
Number of Mortgages by Occupancy Type in Johnston County, NC Over the Last 5 Years in Johnston County
Over the last five years, Johnston County, North Carolina has seen fluctuations in the number of mortgages across different occupancy types. The data shows a notable increase in mortgages for principal residences from 11,851 in 2018 to a peak of 24,109 in 2021, though this number slightly dropped to 16,641 in 2022. Investment property mortgages have also risen but at a more moderate pace, from 479 in 2018 to 1,016 in 2021, with a drop to 840 in 2022. The figures for second residences have remained relatively stable, with minor fluctuations. Changes in occupancy types are crucial for various stakeholders. Investors might find the rising trend in principal residence mortgages indicative of growing primary housing demand, suggesting stability and potential for capital appreciation. Meanwhile, the modest but significant activity in investment properties can offer opportunities for rental markets or flips. Appraisers and insurance agents can also leverage these trends for more accurate property valuations and risk assessments. Moreover, real estate agents and builders should note the shifting dynamics to better tailor their offerings and strategies.
Economic Outlook
Johnston County, North Carolina, shows a consistent increase in average taxable income per tax return, rising from $50,287.12 in 2013 to $69,455.89 by 2021. This upward trend suggests a healthier local economy and potential opportunities for investment and real estate growth. Concurrently, the average state and local income taxes per tax return have increased notably, particularly after 2017, which may reflect broader economic or policy shifts. The average total tax liability per tax return has... Read more
Average Taxable Income per Tax Return in Johnston County, NC over the last 9 years
Johnston County, North Carolina, has experienced a notable upward trend in average taxable income per tax return over the past nine years. Beginning at $50,287.12 in 2013, the figure has steadily increased, reaching a significant $69,455.89 by 2021. This rise suggests a growing economic prosperity in the county, which may make it an attractive spot for potential investors and homebuyers. The consistency in income growth could indicate improved employment opportunities and a robust local economy, important factors for appraisers, insurance agents, and real estate professionals evaluating the area's market potential.
Average State and Local Income Taxes Per Tax Return in Johnston County, NC Over the Last 10 Years
Investors, appraisers, and real estate agents interested in Johnston County, North Carolina will find it notable that the average state and local income taxes per tax return have fluctuated over the last decade, with a significant upward trend observed in recent years. Starting at approximately $5,371.12 in 2012, the amount has seen a noticeable increase, peaking at about $8,517.98 in 2021. This rise, especially post-2017, may reflect broader economic changes or shifts in local policy, presenting considerations for potential financial planning and property valuation.
Average Total Tax Liability Per Tax Return in Johnston County, NC Over the Last 10 Years
Over the past decade, Johnston County, North Carolina has experienced a steady increase in the average total tax liability per tax return, with the figure rising from approximately $6,812.55 in 2012 to about $9,956.99 in 2021. This upward trend could indicate a growing economy and potentially higher incomes within the county. Investors, real estate agents, and insurance agents might find this data useful for evaluating the economic health and growth potential of the region. For potential homeowners or those looking to relocate, this information might also reflect on the affordability and changing economic landscape of Johnston County.
Cost of Living in Johnston County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,268 | $1,496 | $1,681 | $1,431 | $1,431 |
| 1 adult 4 children | $1,268 | $1,222 | $1,283 | $1,431 | $1,570 |
| 2 adults 3 children | $1,268 | $1,222 | $1,459 | $1,431 | $1,190 |
| 1 adult 3 children | $1,268 | $998 | $1,062 | $1,431 | $1,314 |
| 2 adults 2 children | $1,033 | $1,000 | $1,238 | $1,262 | $1,012 |
| 1 adult 2 children | $1,033 | $747 | $840 | $1,262 | $995 |
| 2 adults 1 child | $1,033 | $791 | $1,016 | $712 | $906 |
| 1 adult 1 child | $1,033 | $511 | $619 | $712 | $781 |
| 2 adults | $915 | $635 | $795 | $0 | $742 |
| 1 adult | $888 | $346 | $397 | $0 | $652 |
Safety trends & Data
Johnston County, North Carolina, has seen a noticeable decline in most property crimes over the last five years, a trend appealing to potential investors and homeowners. Burglaries dropped from 135.00 incidents in 2018 to just 46.00 in 2022, while larceny-theft, although still the most common, decreased from 414.00 to 183.00. This trend is likely to boost the county's desirability, as lower crime rates can lead to favorable property valuations and risk assessments for both appraisers and... Read more
Property Crime Trends in Johnston County, NC Over the Last 5 Years
Johnston County, North Carolina, has shown a noticeable decline in most property crimes over the last five years, a trend that could be appealing to potential investors and homeowners. Notably, burglaries dropped significantly from 135.0 incidents in 2018 to just 46.0 in 2022. While larceny-theft remains the most common property crime, its frequency has also decreased from 414.0 to 183.0 over the same period. This reduction in property crime rates is likely to boost the county's desirability for those considering real estate investments, new home purchases, or business ventures. For appraisers and insurance agents, these trends may reflect positively in risk assessments and property valuations.
Demographics
Johnston County, North Carolina presents an intriguing mix of demographic traits. The population is nearly evenly split between males and females. Interestingly, educational trends show a significant portion of the population holding at least a high school diploma, with a notable percentage achieving an associate or bachelor's degree. There's a balanced age distribution with a sizeable representation in the 35 to 54 years range, indicative of a stable working-age populace. A predominantly White... Read more
Race Distribution in Johnston County, North Carolina (2022)
Educational Attainment in Johnston County, North Carolina (2022)
Age Distribution in Johnston County, North Carolina
Citizen Population in Johnston County, North Carolina (2022)
Political Trends & Data
Johnston County, North Carolina, showed a strong preference for the Republican party during the 2020 U.S. Presidential Election, with roughly 61% of the votes. The Democrats received around 37%, while Libertarian, Green, and other parties barely reached 2%. This political lean might suggest that the area is primarily conservative, possibly influencing local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Johnston County, North Carolina, the 2020 U.S. Presidential Election hinted at a significant tilt towards the Republican party, with approximately 61% of the votes. The Democratic party garnered around 37%, suggesting a notable minority preference. Libertarian, Green, and other parties combined made up a small fraction of the overall vote, barely reaching 2%. This distribution could highlight a predominantly conservative voter base within the county.
61.38% of voters voted for the Republican party in the 2020 Presidential Election
37.05% of voters voted for the Democrat party in the 2020 Presidential Election
1.05% of voters voted for the Livertarian party in the 2020 Presidential Election
0.19% of voters voted for the Green party in the 2020 Presidential Election
0.33% of voters voted for the Other party in the 2020 Presidential Election
School Data
Johnston County, North Carolina, experienced a sudden spike in its student-to-teacher ratio in 2022, reaching 20 students per teacher, notably higher than the national average of 14. From 2014 to 2021, the ratio remained in line with national trends, hovering around 14 to 15 students per teacher. This recent fluctuation might suggest staffing challenges or unusual demographic changes, which could potentially impact local education quality, community services, and property... Read more
Student-to-teacher ratio in Johnston County, North Carolina over the last 10 years
Over the past decade, Johnston County, North Carolina, has seen its student-to-teacher ratio fluctuate, peaking notably in 2022 at 20 students per teacher, which is significantly higher than the national average of 14. Ratios hovered around 14 to 15 students per teacher from 2014 to 2021, aligning reasonably with the national trend, but the sudden spike in 2022 could imply temporary staffing issues or unusual population changes. For those considering investing, moving, or working in Johnston County, recognizing these shifts in educational resources can offer insights into local education quality and potential impacts on community services and property values.
