Moore County Real Estate and Livability Trends
In Moore County, North Carolina, real estate market dynamics are painting a nuanced picture. Median home values soared to $284,000 by 2022, significantly outpacing broader trends, suggesting strong demand. Property taxes also spiked from $2,806.50 in 2012 to $4,741.39 in 2021, possibly reflecting rising property values or tax policy shifts. The rise in the average taxable income per return,... Read more
Moore County Market Trends
Moore County's median home value surged to $284,000 by 2022, significantly outpacing state and national trends and potentially signaling strong demand. The county also saw notable spikes in residential energy tax credits in 2015 and 2018, possibly reflecting increased investments in energy-efficient improvements during those years. Real estate taxes have risen sharply from $2,806.50 in 2012 to... Read more
Median Value of Occupied Housing Units in Moore County, North Carolina Over the Last 8 Years
Moore County's median home value surged impressively to $284,000 by 2022, after a consistent increase from $199,100 in 2015. This upward trend outpaced both North Carolina's rise from $154,900 to $234,900 and the national climb from $125,500 to $179,400 over the same period. For investors, this could signal robust demand and potential returns, while prospective homeowners might view it as a growing yet competitive market.
Residential Energy Tax Credit Per Tax Return in Moore County, NC Over the Last 9 Years
Moore County, North Carolina has seen fluctuating trends in residential energy tax credits over the past nine years. Particularly notable spikes occurred in 2015 ($1,120.27) and 2018 ($2,413.33), indicating potential increased investments in energy-efficient improvements during those years. This variation could be significant for potential investors and homeowners, hinting at changing incentives or adoption rates of green energy technology. Appraisers and insurance agents might see these figures as indicative of periodic boosts in property values due to sustainable upgrades. Real estate professionals might use these trends to guide clients about the best times for energy-efficient investments.
Average Real Estate Taxes Per Tax Return in Moore County, NC Over the Last 10 Years
Over the last decade, Moore County, North Carolina has seen a notable increase in average real estate taxes per tax return, rising from approximately $2,806.50 in 2012 to roughly $4,741.39 in 2021. This upward trend, especially the sharp jumps around 2018 and 2019, may have implications for potential investors, prospective homebuyers, and real estate agents analyzing the area’s market dynamics. The consistent rise could suggest increased property values or changes in tax policies, adding layers of consideration for those looking to build or appraise properties within the county.
Percentage of Farm Returns in Moore County, NC Over the Last 10 Years
Over the last decade, Moore County, North Carolina has seen a slight decline in the percentage of farm tax returns, dropping from approximately 1.88% in 2012 to around 1.51% in 2021. Farm tax returns often indicate active farming operations and economic contributions from agriculture, and this drop could reflect changing land use or a shift towards other economic activities. For those interested in investing or moving to the area, this trend might suggest an evolving rural landscape with potential shifts in property value and land use practices.
Number of Mortgages by Occupancy Type in Moore County, NC Over the Last 5 Years in Moore County
The data reveals some intriguing trends in Moore County, North Carolina's mortgage market over the past five years. Principal Residence mortgages surged from 5,375 in 2018 to a peak of around 10,369 in 2020, before dropping to 6,376 in 2022. Investment Property mortgages saw a general upward trend, peaking at 595 in 2021, before declining slightly. Changes in mortgage counts by occupancy type can signify altering demand for specific property uses, impacting not only property values but also the local economy. These shifts may interest investors looking for rising opportunities in rental markets, and they can influence insurance assessments and real estate appraisals. For those planning to move or build locally, understanding these dynamics helps gauge market stability and future growth potential.
Economic Outlook
In Moore County, North Carolina, the average taxable income per tax return rose from about $60,904.12 in 2013 to approximately $99,874.88 by 2021, hinting at growing affluence and potential real estate attractiveness. Average state and local income taxes surged particularly from 2018, peaking at $16,835.68 in 2021, which could influence potential resident and investor decisions. The average tax liability per tax return jumped nearly 70% over the decade, potentially signaling increased incomes... Read more
Average Taxable Income per Tax Return in Moore County, NC over the last 9 years
In Moore County, North Carolina, the average taxable income per tax return has seen a notable upward trend over the past nine years. Starting at approximately $60,904.12 in 2013, it has risen to about $99,874.88 by 2021. This sustained increase could suggest a growing affluence among residents, making it potentially attractive for those considering real estate investments, property development, or residential relocation. For appraisers and insurance agents, these trends might indicate a market with rising property values and increasing demand for high-value coverage.
Average State and Local Income Taxes Per Tax Return in Moore County, NC Over the Last 10 Years
Over the past decade, Moore County, North Carolina, has seen a notable increase in average state and local income taxes per tax return. From $7,528.35 in 2012, values show a steady climb, particularly sharp from 2018 onward, hitting peaks of $12,566.82 in 2019 and $16,835.68 in 2021. This rising tax landscape may impact decisions for prospective residents, investors, and real estate professionals, hinting at evolving economic conditions or shifting policy effects in the region.
Average Total Tax Liability Per Tax Return in Moore County, NC Over the Last 10 Years
Moore County, North Carolina has experienced a notable increase in average tax liability per tax return over the past decade. Starting at $10,698.84 in 2012, the tax liability has steadily risen, peaking at $18,083.99 in 2021. This almost 70% increase might be useful context for potential investors or anyone evaluating the economic climate, suggesting a possible uptick in incomes or property values in this area. Real estate professionals, appraisers, and insurance agents might find this trend particularly relevant when assessing property values and insurance premiums.
Cost of Living in Moore County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,276 | $1,657 | $2,154 | $1,361 | $1,593 |
| 1 adult 4 children | $1,276 | $1,353 | $1,650 | $1,361 | $1,670 |
| 2 adults 3 children | $1,276 | $1,354 | $1,868 | $1,361 | $1,302 |
| 1 adult 3 children | $1,276 | $1,105 | $1,364 | $1,361 | $1,384 |
| 2 adults 2 children | $913 | $1,108 | $1,581 | $1,202 | $1,025 |
| 1 adult 2 children | $913 | $828 | $1,077 | $1,202 | $986 |
| 2 adults 1 child | $913 | $876 | $1,295 | $685 | $922 |
| 1 adult 1 child | $913 | $566 | $791 | $685 | $745 |
| 2 adults | $808 | $703 | $1,008 | $0 | $734 |
| 1 adult | $774 | $384 | $504 | $0 | $617 |
Safety trends & Data
Moore County, North Carolina, has seen significant fluctuations in property crime rates over the past five years, with larceny-theft peaking at 306.00 reported incidents in 2019. Burglary rates have generally declined from a high of 101.00 in 2018 to 60.00 in 2022, but motor vehicle thefts have risen, reaching 19.00 incidents in 2022. While embezzlement remains low, its sporadic peaks may also be a concern. These trends could be crucial for those considering investments or relocations, as they... Read more
Property Crime Trends in Moore County, NC Over the Last 5 Years
Moore County, North Carolina, has seen notable fluctuations in property crime rates over the past five years, with larceny-theft consistently being the most common crime, peaking at 306.0 reported incidents in 2019. Burglary rates have generally declined from a high of 101.0 in 2018 to 60.0 in 2022. The data also highlights a concerning increase in motor vehicle thefts, particularly rising to 19.0 incidents in 2022. Embezzlement, while comparatively low, showed sporadic peaks. For those looking to invest or move to Moore County, these trends might be pivotal in assessing local security and potential property risks. Real estate agents and appraisers should be attentive to these dynamics as they could influence property values and buyer preferences.
Demographics
Moore County, North Carolina shows a slight female majority in the adult population and a noticeable segment of residents holding at least a bachelor’s degree, which may suggest a relatively educated community. The age distribution reveals a significant portion of residents over 55, hinting at an aging population that could impact local healthcare and social services. The racial makeup is predominantly White, with smaller, yet present, Black or African American and other minority populations.... Read more
Race Distribution in Moore County, North Carolina (2022)
Educational Attainment in Moore County, North Carolina (2022)
Age Distribution in Moore County, North Carolina
Citizen Population in Moore County, North Carolina (2022)
Political Trends & Data
Moore County, North Carolina saw around 63% of votes going to the Republican party during the 2020 U.S. Presidential Election, with Democrats capturing about 36%. Minor parties collectively only received approximately 1.3%, indicating a strong leaning towards the major parties, particularly Republicans. This political preference could subtly influence local real estate trends, potentially favoring areas appealing to Republican-leaning... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Moore County in North Carolina exhibited a notable preference for the Republican party during the 2020 U.S. Presidential Election, where they captured possibly around 63% of the vote share. The Democrats, while significantly behind, still managed to garner approximately 36%. Minor parties like the Libertarians, Greens, and others collectively secured just about 1.3%, reflecting minimal voter sway outside the two major parties. This distribution could suggest a political landscape quite clearly dominated by Republicans, with perhaps only incremental influence from third-party candidates.
63.02% of voters voted for the Republican party in the 2020 Presidential Election
35.62% of voters voted for the Democrat party in the 2020 Presidential Election
0.89% of voters voted for the Livertarian party in the 2020 Presidential Election
0.15% 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
Moore County, North Carolina has seen its student-to-teacher ratio rise from around 15 students per teacher in 2014 to over 16 in 2023, surpassing the national average of 14. This trend could suggest increased classroom sizes and potentially strained educational resources, which may be a key consideration for families, real estate investors, and industry professionals as it could influence property values, insurance rates, and perceptions of local education... Read more
Student-to-teacher ratio in Moore County, North Carolina over the last 10 years
Moore County, North Carolina has seen fluctuations in its student-to-teacher ratio over the past decade, with notable increases in recent years. Starting at approximately fifteen students per teacher in 2014, the ratio dipped slightly in some years, only to surge to over sixteen students per teacher in 2023. The current value has surpassed the national average of fourteen students per teacher, which may indicate increased classroom sizes and potentially strained resources for both students and educators. This trend could be a crucial factor for potential investors, families considering relocation, appraisers, insurance agents, builders, and real estate agents, as it could affect property values, insurance rates, and local education quality.
