Pender County Real Estate and Livability Trends
Pender County, North Carolina, has seen median home values rise from $153,400 in 2015 to $240,800 in 2022, outpacing state and national averages and signaling strong market demand. The average taxable income per tax return also increased from $48,198.68 in 2013 to $77,895.72 in 2021, hinting at economic growth and a possibly wealthier population. Real estate taxes per return nearly doubled over... Read more
Pender County Market Trends
In Pender County, North Carolina, median home values have climbed from $153,400 in 2015 to $240,800 in 2022, outpacing both state and national averages. This appreciation hints at strong market demand, presenting appealing opportunities for investors. Residential energy tax credits experienced significant fluctuations, notably peaking at $2,314.29 in 2018, suggesting evolving homeowner... Read more
Median Value of Occupied Housing Units in Pender County, North Carolina Over the Last 8 Years
Median home values in Pender County, North Carolina have shown a steady upward trend over the past eight years, soaring from $153,400 in 2015 to $240,800 in 2022. This growth outpaces both the state average, where homes increased from $154,900 to $234,900, and the national average, which rose from $125,500 to $179,400. Such robust appreciation may suggest strong market demand and potentially lucrative opportunities for investors and those looking to build property in Pender County.
Residential Energy Tax Credit Per Tax Return in Pender County, NC Over the Last 9 Years
Residential energy tax credits in Pender County, North Carolina have shown notable fluctuations over the past nine years. Beginning at an average of $476.47 in 2013, values moderately increased until a significant spike in 2018 reaching $2314.29, then somewhat stabilized around $909.38 in 2020. Such variability may suggest changing policies or evolving homeowner investments in energy-efficient solutions. This trend could be insightful for those assessing the area's commitment to sustainability, potential property value increases, or forecasting future tax credit changes impacting financial planning.
Average Real Estate Taxes Per Tax Return in Pender County, NC Over the Last 10 Years
Over the last decade, Pender County, North Carolina has seen a notable increase in average real estate taxes per tax return, rising from $2,121.22 in 2012 to approximately $4,474.18 in 2021. Notably sharp rises were observed between 2015 and 2016, as well as between 2018 and 2020. These trends might suggest increasing property values or changes in tax rates that could impact potential investors, new residents, appraisers, and real estate agents considering moves or investments in the area.
Percentage of Farm Returns in Pender County, NC Over the Last 10 Years
Pender County, North Carolina, has shown a gradual decline in the percentage of farm tax returns over the past decade, dropping from approximately 1.11% in 2012 to roughly 0.87% in 2021. This trend might suggest a shift away from agriculture as a primary income source in the county. Farm tax returns generally indicate the economic activity of farming operations, and a decrease could influence decisions for investors, developers, or anyone interested in the area. This dip could hint at broader economic changes or opportunities for diversification in investment strategies.
Number of Mortgages by Occupancy Type in Pender County, NC Over the Last 5 Years in Pender County
Investors, insurance agents, and real estate professionals in Pender County, North Carolina might find it notable that principal residences consistently comprise the majority of mortgages over the last five years, reaching a peak of almost 6,900 in 2021. Investment property mortgages saw fluctuations but remained relatively low, possibly reflecting varying investor confidence or changing market conditions. Second homes had a modest presence, hinting at a potential market for vacation properties. Shifts in occupancy type offer insights into the area’s real estate dynamics, impacting investment decisions, appraisals, and risk assessments for lenders and insurers.
Economic Outlook
The average taxable income per tax return in Pender County, North Carolina has risen steadily from $48,198.68 in 2013 to $77,895.72 in 2021, hinting at economic growth and a possibly expanding higher-income population. The most notable increase occurred between 2018 and 2019, jumping from $61,238.48 to $64,226.65, possibly due to favorable economic developments. Average state and local income taxes per tax return have also doubled over the past decade, from $5,429.49 in 2012 to $11,166.85 in... Read more
Average Taxable Income per Tax Return in Pender County, NC over the last 9 years
The average taxable income per tax return in Pender County, North Carolina has shown a consistent uptick over the last nine years, rising from approximately $48,198.68 in 2013 to an estimated $77,895.72 in 2021. This steady increase hints at potential economic growth and a possibly expanding higher-income population in the area. Highlighting the most significant jump between 2018 and 2019, where the average income spiked from $61,238.48 to $64,226.65, may point to specific beneficial economic developments during that period. This positive trend can be a green flag for investors, real estate agents, insurers, and potential new residents looking to tap into a progressively affluent community.
Average State and Local Income Taxes Per Tax Return in Pender County, NC Over the Last 10 Years
Over the last decade, average state and local income taxes per tax return in Pender County, North Carolina have shown a notable upward trend. Starting from around $5,429.49 in 2012, the figure has more than doubled to approximately $11,166.85 by 2021. The significant jumps, particularly between 2018 ($8,008.79) and 2019 ($9,083.17), suggest possible changes in tax policy or economic growth impacting earnings. This trend may be relevant for those looking to invest, as increasing tax liabilities could affect disposable income and housing affordability.
Average Total Tax Liability Per Tax Return in Pender County, NC Over the Last 10 Years
Pender County, North Carolina has experienced a notable upward trend in the average total tax liability per tax return over the last decade, moving from approximately $6,471.38 in 2012 to about $12,215.42 in 2021. This steady increase suggests a growing economic base and potentially rising home values, making it an area of interest for real estate investors and property developers. For appraisers and insurance agents, these figures could indicate a shift in the local market that might affect property valuations and insurance premiums.
Cost of Living in Pender County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,375 | $1,625 | $2,205 | $1,287 | $1,652 |
| 1 adult 4 children | $1,375 | $1,327 | $1,688 | $1,287 | $1,733 |
| 2 adults 3 children | $1,375 | $1,327 | $1,912 | $1,287 | $1,358 |
| 1 adult 3 children | $1,375 | $1,084 | $1,395 | $1,287 | $1,449 |
| 2 adults 2 children | $988 | $1,086 | $1,619 | $1,135 | $1,058 |
| 1 adult 2 children | $988 | $812 | $1,102 | $1,135 | $1,008 |
| 2 adults 1 child | $988 | $859 | $1,326 | $641 | $943 |
| 1 adult 1 child | $988 | $555 | $810 | $641 | $785 |
| 2 adults | $875 | $690 | $1,033 | $0 | $781 |
| 1 adult | $683 | $376 | $517 | $0 | $614 |
Safety trends & Data
Pender County, North Carolina has experienced significant shifts in property crime rates over the past five years. Notably, burglary incidents dropped from 25 in 2018 to just 7 in 2022, while larceny-theft, the most common crime, decreased from 72 to 23 in the same period. The unpredictable trends in fraud and vandalism hint at diverse economic or social pressures, making this data invaluable for investors, homeowners, and real estate agents looking to gauge the area's... Read more
Property Crime Trends in Pender County, NC Over the Last 5 Years
Pender County, North Carolina has seen fluctuating property crime rates over the last five years, with notable volatility in categories like burglary and larceny-theft. Burglary peaked in 2018 with 25 incidents but dropped to 7 by 2022. Larceny-theft, consistently the highest category, reached 72 in 2018 and ebbed to 23 in 2022. Fraud and vandalism showed unpredictable trends, suggesting varied economic or social pressures. This data is crucial for potential investors, homeowners, and real estate agents assessing the area's security dynamics.
Demographics
Pender County, North Carolina shows a relatively balanced gender distribution, with a slight majority of males over females. The educational attainment data hints at a significant portion of residents having completed high school or some college, though advanced degrees are less common. Age-wise, the county appears to have a varied population, with notable concentrations in the 35 to 54 age brackets. The racial makeup predominantly consists of White residents, with smaller but present Black or... Read more
Race Distribution in Pender County, North Carolina (2022)
Educational Attainment in Pender County, North Carolina (2022)
Age Distribution in Pender County, North Carolina
Citizen Population in Pender County, North Carolina (2022)
Political Trends & Data
In Pender County, North Carolina, the 2020 Presidential Election revealed a strong Republican preference, with approximately 64% of votes going to the party. Democrats secured around 34%, while Libertarian and other smaller parties collectively gathered less than 2%. This trend suggests a predominantly Republican-aligned electorate, potentially influencing various local policies and development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Pender County, North Carolina, the 2020 Presidential Election saw a notable skew towards the Republican party, which garnered approximately 64% of the vote. Meanwhile, Democrats secured around 34%. The Libertarian party and other smaller parties like the Green party collectively attracted less than 2% of the votes. This might suggest a heavily Republican-leaning electorate, with limited support for third-party candidates.
64.26% of voters voted for the Republican party in the 2020 Presidential Election
34.31% of voters voted for the Democrat party in the 2020 Presidential Election
0.96% of voters voted for the Livertarian party in the 2020 Presidential Election
0.18% of voters voted for the Green party in the 2020 Presidential Election
0.29% of voters voted for the Other party in the 2020 Presidential Election
School Data
Pender County, North Carolina's student-to-teacher ratio has hovered around 16:1, higher than the national average of 14:1, with a spike to 18:1 in 2022. This could indicate growing enrollment or funding issues impacting hiring, potentially leading to crowded classrooms and affecting local school ratings. For real estate stakeholders, this suggests challenges in educational outcomes, influencing property appeal and signaling potential demand for more educational... Read more
Student-to-teacher ratio in Pender County, North Carolina over the last 10 years
Pender County, North Carolina has seen fluctuations in its student-to-teacher ratio over the past decade, hovering around an average of approximately 16 students per teacher. This generally exceeds the current national average of 14 students per classroom, indicating potentially larger class sizes. In 2022, the ratio spiked to 18 students per teacher, which may suggest increasing enrollment numbers or funding issues impacting hiring practices. For anyone looking to move, invest in property, or work in education here, these trends could imply challenges such as overcrowded classrooms that might affect educational outcomes and localized school ratings. Real estate agents and prospective buyers might consider this when evaluating the appeal of the area's public schools. On the other hand, developers and investors could see a need for additional educational infrastructure. Insurance agents might also interpret these changes as influencing neighborhood demographics and housing demands.
