Nash County Real Estate and Livability Trends
Nash County, North Carolina's real estate market is becoming more attractive, with the average taxable income per tax return climbing from $45,740.21 in 2013 to $60,491.46 in 2021. This trend, combined with rising state and local income taxes and a decrease in poverty rates to 9.2% in 2022, indicates growing economic strength. The median home value jumped from $118,600 in 2015 to $162,100 in... Read more
Nash County Market Trends
Nash County, North Carolina's median home value surged from $118,600 in 2015 to $162,100 in 2022, remaining below state and national medians, offering affordability for buyers and investors. The residential energy tax credits peaked dramatically at $2,217.86 in 2018 before stabilizing at $1,325.00 in 2021, indicating a notable prioritization of energy efficiency. Real estate taxes also rose... Read more
Median Value of Occupied Housing Units in Nash County, North Carolina Over the Last 8 Years
Over the past eight years, Nash County, North Carolina has seen its median home value increase from $118,600 in 2015 to $162,100 in 2022. Despite this upward trend, home values in Nash County have consistently been below both the North Carolina state median and the national median. While the state saw values climb from $154,900 in 2015 to $234,900 in 2022, and the national median similarly rose from $125,500 to $179,400, Nash County offers more affordable housing options, which might appeal to prospective buyers and investors looking for lower entry points with potential for value growth.
Residential Energy Tax Credit Per Tax Return in Nash County, NC Over the Last 9 Years
In Nash County, North Carolina, the average residential energy tax credit per tax return has seen notable fluctuations over the past nine years. Starting at around $416.87 in 2013 and peaking dramatically to approximately $2217.86 in 2018, there appears to have been increased investment in energy-efficient home improvements. Though there has been a slight decline since the 2018 peak, the credit amount still remains significantly higher than earlier years, settling at $1325.00 in 2021. This trend potentially indicates a growing prioritization of energy efficiency among homeowners, which could be of interest to investors, real estate agents, and those in the property development and insurance sectors.
Average Real Estate Taxes Per Tax Return in Nash County, NC Over the Last 10 Years
Over the past decade, Nash County, North Carolina has experienced a notable increase in real estate taxes per tax return, with figures rising from $1,992.41 in 2012 to $2,929.95 in 2021. The most significant spike occurred between 2017 and 2018, where taxes jumped from $2,247.82 to $2,827.33. This upward trend may indicate a growing demand for property, shifts in local government policy, or changes in property values in the area. For potential investors, homeowners, and real estate professionals, these patterns suggest increasing operational costs that should be factored into financial planning.
Percentage of Farm Returns in Nash County, NC Over the Last 10 Years
Nash County, North Carolina has seen a slight downward trend in the percentage of farm returns over the last decade. In 2012, the percentage was approximately 1.07%, but by 2021, it had decreased to around 0.78%. Farm tax returns generally reflect a portion of farmers' income which may indicate the overall health and sustainability of agricultural activities. For investors, developers, or those interested in relocating to Nash County, this shift might imply potential challenges or opportunities within the agricultural sector. This information could be crucial for making informed decisions about investments, real estate, or community development in the area.
Number of Mortgages by Occupancy Type in Nash County, NC Over the Last 5 Years in Nash County
Nash County, North Carolina has seen fluctuations in mortgage counts across different occupancy types over the past five years. The number of mortgages for principal residences peaked in 2021 with 6,157, followed by a decline to 4,709 in 2022. Investment property mortgages showed a more gradual increase from 201 up to 292 during the same period. Second residences remained minimal, with slight variations. These changes in occupancy type offer insights into housing demand and investment behavior in the county. For investors, a rising trend in mortgages for investment properties could indicate growing rental opportunities, while potential homeowners might find the shifting numbers for principal residences pertinent when considering market stability. Appraisors and real estate agents may see these trends as signals for property valuation adjustments, and insurance agents could reassess risk profiles based on occupancy types. Understanding these dynamics helps paint a clearer picture for anyone interested in Nash County’s real estate market.
Economic Outlook
Nash County, North Carolina has seen consistent growth in average taxable income per tax return, jumping from $45,740.21 in 2013 to $60,491.46 in 2021, particularly post-2019. Although there's been some variability with a dip in 2017, the upward trend hints at a strengthening local economy, making it appealing for real estate investors and agents. Meanwhile, state and local income taxes per tax return have also moved upward, with a notable climb starting in 2018 and reaching $10,540.09 by 2021.... Read more
Average Taxable Income per Tax Return in Nash County, NC over the last 9 years
Nash County, North Carolina has shown a general upward trend in average taxable income per tax return over the past nine years. Starting from $45,740.21 in 2013 to $60,491.46 in 2021, there's a noticeable increase, especially post-2019. This could suggest a strengthening local economy or improved employment opportunities, particularly appealing to investors, real estate agents, and those considering relocating. However, the small dip observed in 2017 might indicate historical volatility that interested parties should account for in their assessments.
Average State and Local Income Taxes Per Tax Return in Nash County, NC Over the Last 10 Years
The average state and local income taxes per tax return in Nash County, North Carolina, have shown a variable yet upward trend over the last decade. Starting from $6,301.55 in 2012, there was a slight dip and rise until a significant jump starting in 2018, reaching $10,540.09 by 2021. This increase may attract the interest of investors and property developers, indicating potentially rising economic prosperity or shifts in the tax structure. Real estate agents and insurance agents might keep an eye on such trends as they could reflect changes in the local income landscape and subsequently impact property values and insurance premiums.
Average Total Tax Liability Per Tax Return in Nash County, NC Over the Last 10 Years
Nash County, North Carolina has experienced notable fluctuations in average total tax liability per tax return over the past decade, peaking at $9,056.89 in 2021. The lowest point recorded was in 2013 at $7,016.61. This variability might suggest changing economic conditions or evolving tax policies affecting residents. Investors and real estate agents may interpret these trends as indicative of the economic vitality of the area, while insurance agents and appraisers could consider it a factor in assessing risk and property values. The overall upward trend suggests gradual economic growth and increasing property values.
Cost of Living in Nash County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,281 | $1,404 | $1,880 | $1,287 | $1,293 |
| 1 adult 4 children | $1,281 | $1,146 | $1,437 | $1,287 | $1,402 |
| 2 adults 3 children | $1,281 | $1,147 | $1,631 | $1,287 | $1,058 |
| 1 adult 3 children | $1,281 | $936 | $1,189 | $1,287 | $1,123 |
| 2 adults 2 children | $942 | $939 | $1,383 | $1,135 | $862 |
| 1 adult 2 children | $942 | $701 | $940 | $1,135 | $809 |
| 2 adults 1 child | $942 | $742 | $1,134 | $641 | $795 |
| 1 adult 1 child | $942 | $479 | $691 | $641 | $673 |
| 2 adults | $759 | $596 | $886 | $0 | $635 |
| 1 adult | $754 | $325 | $443 | $0 | $576 |
Safety trends & Data
Nash County, North Carolina has observed notable declines in property crimes over the past five years, which could be a positive signal for potential investors and residents. Burglary incidents decreased from a peak of 107 cases in 2019 to 54 cases by 2022, while larceny-theft dropped from 273 cases in 2018 to 108 in 2022. Fraud reports have also significantly declined, falling from 130 cases in 2018 to just 15 in 2022. This downward trend in property crimes may boost the county’s appeal for... Read more
Property Crime Trends in Nash County, NC Over the Last 5 Years
Nash County, North Carolina has experienced some fluctuations in property crimes over the last five years. Burglary peaked in 2019 with 107 reported cases but has seen a downward trend since, dropping to 54 cases by 2022. Larceny-theft, while initially high at 273 cases in 2018, showed a significant drop to 108 by 2022. Embezzlement and fraud have also declined, with fraud falling from 130 cases in 2018 to just 15 in 2022. Although motor vehicle theft and vandalism have generally remained stable, the overall trend suggests a decrease in most property-related crimes, which could be appealing for potential investors and residents considering Nash County.
Demographics
Nash County, North Carolina presents a compelling demographic portrait characterized by a slightly higher female population compared to males. Educational attainment is notable, with a substantial portion of the adult population having completed high school or some college, though relatively fewer possess a bachelor's or graduate degree. Age distribution suggests a balanced spread across various age groups, with a perceptible concentration in the 25 to 34 and 55 to 64 age ranges. The racial... Read more
Race Distribution in Nash County, North Carolina (2022)
Educational Attainment in Nash County, North Carolina (2022)
Age Distribution in Nash County, North Carolina
Citizen Population in Nash County, North Carolina (2022)
Political Trends & Data
In Nash County, North Carolina, the 2020 U.S. Presidential Election results revealed a nearly even split of votes between the Republican and Democrat parties, each capturing just under half of the total. This tight race suggests a potentially competitive political environment, with minor parties collectively securing around 1.00% of the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Nash County, North Carolina, the 2020 U.S. Presidential Election saw nearly equal support for the Republican and Democrat parties, with each securing just under half of the total votes. The Libertarian, Green, and other parties garnered only a minimal share of the vote, collectively making up around 1 percent. This close split between the two major parties might indicate a highly competitive political landscape in the area.
49.41% of voters voted for the Republican party in the 2020 Presidential Election
49.64% of voters voted for the Democrat party in the 2020 Presidential Election
0.55% of voters voted for the Livertarian party in the 2020 Presidential Election
0.14% of voters voted for the Green party in the 2020 Presidential Election
0.26% of voters voted for the Other party in the 2020 Presidential Election
School Data
Nash County, North Carolina's student-to-teacher ratio has varied over the past decade, peaking at nearly 18 students per teacher in 2014 and dropping to around 15 by 2021. Despite recent improvements, the current ratio remains above the national average of 14, indicating potential challenges in classroom management and individual student attention. This could signal a need for more educational infrastructure, which might interest investors and builders. Additionally, real estate agents could... Read more
Student-to-teacher ratio in Nash County, North Carolina over the last 10 years
Nash County, North Carolina has experienced a fluctuating student-to-teacher ratio over the past decade, peaking at nearly 18 students per teacher in 2014 and dipping to a low around 15 students per teacher by 2021. Despite these fluctuations, the current ratio is still above the national average of 14 students per teacher, posing potential challenges for classroom management and individual student attention. Investors and builders may find that areas with higher teacher-to-student ratios might need more educational infrastructure, whereas real estate agents might leverage these figures in their marketing strategies for families prioritizing education quality. Appraisers and insurance agents could also be interested in these trends as they reflect aspects of community planning and resource allocation.
