Sampson County Real Estate and Livability Trends
Sampson County, North Carolina has experienced a notable rise in average taxable income, jumping from $38,094.14 in 2013 to $51,280.79 in 2021. Combined with a significant increase in average state and local income taxes per return, escalating from $5,936.19 in 2012 to $14,143.59 in 2021, this may indicate stronger economic conditions. Housing market trends also show a jump in median home values... Read more
Sampson County Market Trends
Sampson County, North Carolina, has seen its median home values climb from $87,600 in 2015 to $116,600 in 2022, presenting a more accessible market compared to the state's $234,900 average and the national average of $179,400. This makes it a potential hotspot for affordable investment. Homeowners there are increasingly capitalizing on energy tax credits, particularly in 2018 and 2021, indicative... Read more
Median Value of Occupied Housing Units in Sampson County, North Carolina Over the Last 8 Years
Sampson County, North Carolina has seen a consistent rise in median home values over the past eight years, reaching $116,600 in 2022 from $87,600 in 2015. This increase may be underscored by a dramatic jump between 2019 and 2022, aligning with broader regional trends. While Sampson County's median home value remains lower than North Carolina's average of $234,900 and the national average of $179,400 in 2022, it could signify a more accessible market for investors and homebuyers seeking opportunities in a growing region without the higher price points of the broader state or national markets. This trend can be attractive for those looking to capitalize on emerging growth areas or seeking to relocate to a less saturated market.
Residential Energy Tax Credit Per Tax Return in Sampson County, NC Over the Last 9 Years
Sampson County, North Carolina has seen a significant upward trend in residential energy tax credits over the past nine years, with notable spikes in 2018 and 2021 where averages reached $1,430.00 and $1,320.37, respectively. This increase could be linked to rising awareness and adoption of renewable energy solutions in the area, which might interest potential investors and homeowners aiming to maximize energy efficiency. Appraisers and insurance agents might note these trends when evaluating property values, highlighting the county's growing commitment to energy-efficient improvements.
Average Real Estate Taxes Per Tax Return in Sampson County, NC Over the Last 10 Years
Sampson County, North Carolina has seen a notable increase in real estate taxes per tax return over the past decade. Starting at around $1,980.75 in 2012, taxes gradually rose, hitting $2,368.07 by 2016. A sharp jump occurred in 2018, with average real estate taxes peaking to approximately $3,484.68 and continuing to climb, reaching $3,681.82 in 2021. These trends may suggest escalating property values or increased tax rates, making it crucial for potential homeowners, real estate investors, and financial professionals to consider the rising fiscal responsibilities associated with owning property in this area.
Percentage of Farm Returns in Sampson County, NC Over the Last 10 Years
Over the last decade, farm tax returns in Sampson County, North Carolina fluctuated slightly but generally showed a modest decline from a peak of approximately 3.65% in 2018 to a low of about 2.69% in 2021. These returns, representing farms reporting taxable income, highlight the shifting economic landscape for local agriculture. Potential investors and those interested in rural development should consider the variability in farm returns as an indicator of the financial health and sustainability of agricultural ventures in the area. Understanding these trends can aid in making informed decisions about property investments and economic opportunities within the county.
Number of Mortgages by Occupancy Type in Sampson County, NC Over the Last 5 Years in Sampson County
Sampson County, North Carolina, is showing a steady rise in mortgages for principal residences over the past five years, peaking at 2524 in 2021. Investment properties and second residences have both seen relatively minor changes, with investment properties fluctuating slightly between 42 and 65 annually and second residences remaining stable in the low 30s. This trend indicates a growing market for primary homes, which could be attractive for real estate investors and agents focusing on long-term resident demographics. Appraisers and insurance agents might note that as primary residence transactions increase, the market’s stability grows, impacting property valuations and risk assessments. Builders might find opportunities in developing residential spaces, while anyone moving to the area can expect solid community growth.
Economic Outlook
Sampson County, North Carolina has experienced a noticeable rise in average taxable income per tax return, jumping from $38,094.14 in 2013 to $51,280.79 in 2021. This growth, though not linear, suggests economic strengthening, potentially due to high-paying job opportunities or thriving local businesses. Concurrently, the average state and local income taxes per tax return have soared from approximately $5,936.19 in 2012 to $14,143.59 by 2021, possibly signaling increased earnings or shifting... Read more
Average Taxable Income per Tax Return in Sampson County, NC over the last 9 years
Sampson County, North Carolina has seen a steady rise in average taxable income per tax return over the past nine years, growing from $38,094.14 in 2013 to $51,280.79 in 2021. The upward trend, although not consistent year-over-year, has generally indicated economic growth and possibly an increase in higher-paying jobs or successful local businesses. For potential investors, real estate agents, or those considering moving to the area, this trend might suggest a strengthening local economy, which could positively impact property values and economic stability.
Average State and Local Income Taxes Per Tax Return in Sampson County, NC Over the Last 10 Years
Over the past decade, Sampson County, North Carolina has seen a significant increase in average state and local income taxes per tax return, with a notable spike from 2018 onwards. In 2012, the average was approximately $5,936.19, but by 2021, it had surged to around $14,143.59. Such trends may be indicative of rising incomes or changes in tax policies within the county, making it essential for potential investors, residents, and real estate professionals to consider these financial shifts when making decisions related to the local market.
Average Total Tax Liability Per Tax Return in Sampson County, NC Over the Last 10 Years
Over the last decade, Sampson County, North Carolina saw fluctuations in average total tax liability per tax return, peaking notably at $7349.58 in 2016. Despite a dip in 2017, where it fell to $6760.37, the liability generally stayed above $6000.00, suggesting sustained tax burdens possibly reflecting economic activities or property value dynamics in the area. This trend could be crucial for potential investors, homebuilders, real estate agents, appraisers, and residents, as it indicates stable, albeit slightly fluctuating, tax commitments.
Cost of Living in Sampson County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $983 | $1,307 | $2,084 | $1,391 | $1,252 |
1 adult 4 children | $983 | $1,067 | $1,596 | $1,391 | $1,347 |
2 adults 3 children | $983 | $1,068 | $1,807 | $1,391 | $1,015 |
1 adult 3 children | $983 | $872 | $1,319 | $1,391 | $1,062 |
2 adults 2 children | $771 | $874 | $1,530 | $1,194 | $859 |
1 adult 2 children | $771 | $653 | $1,042 | $1,194 | $796 |
2 adults 1 child | $771 | $691 | $1,253 | $553 | $748 |
1 adult 1 child | $771 | $446 | $765 | $553 | $619 |
2 adults | $610 | $555 | $976 | $0 | $613 |
1 adult | $606 | $303 | $488 | $0 | $546 |
Safety trends & Data
Investors and property developers in Sampson County, North Carolina may find the trends in property crimes significant for assessing property values. The number of burglaries has roughly halved over the past five years, which may reflect improved security or law enforcement. Meanwhile, larceny-theft spiked in 2019 at 174 incidents but has since fluctuated, landing at 81 in 2022. Arsons have stayed consistently low, suggesting minimal risk. These patterns can be especially relevant for real... Read more
Property Crime Trends in Sampson County, NC Over the Last 5 Years
Investors and property developers in Sampson County, North Carolina may want to consider the trends in property crimes. Over the last five years, the number of burglaries has generally decreased, from a high of 69 in 2019 to 36 in 2022, potentially indicating improved security or law enforcement. However, larceny-theft fluctuated, with a notable peak in 2019 at 174 incidents, before dropping and then partially rebounding to 81 in 2022. Arsons have remained minimal, suggesting lower risk in that area. These trends are crucial for real estate agents, appraisers, and insurance agents in evaluating property values and premiums.
Demographics
Sampson County, North Carolina's demographic trends highlight several noteworthy points. The male-to-female ratio of the adult population shows a slight female majority, a common trend in many areas. Educational attainment data could suggest a predominantly high school-educated population, possibly influencing local employment markets and economic development. Age distribution patterns indicate a relatively balanced spread across age cohorts, with noticeable bulges in the younger and... Read more
Race Distribution in Sampson County, North Carolina (2022)
Educational Attainment in Sampson County, North Carolina (2022)
Age Distribution in Sampson County, North Carolina
Citizen Population in Sampson County, North Carolina (2022)
Political Trends & Data
Sampson County, North Carolina, witnessed Republicans potentially capturing around 61% of the vote in the 2020 U.S. Presidential Election, highlighting a strong conservative presence. Democrats fell behind with roughly 38%, indicating some competition but not enough to challenge the Republican hold significantly. Libertarians and Greens had a minimal impact, collectively gathering just over half a percent, emphasizing that voter preference leaned heavily towards the two main parties. These... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Sampson County, North Carolina, saw a notable trend with Republicans possibly securing a significant majority in the 2020 U.S. Presidential Election, capturing roughly 61% of the vote. Democrats garnered approximately 38%, indicating some level of competition but falling short of swaying the county. Minor parties like the Libertarians and Greens might have had minimal impact, collectively clinching barely over half a percent, suggesting voter preference predominantly skewed towards the two main parties. These patterns could reflect broader state or national trends and warrant further exploration for political strategists.
60.84% of voters voted for the Republican party in the 2020 Presidential Election
38.32% of voters voted for the Democrat party in the 2020 Presidential Election
0.50% of voters voted for the Livertarian party in the 2020 Presidential Election
0.08% 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
The student-to-teacher ratio in Sampson County, North Carolina has seen minor fluctuations over the past decade, peaking at around 16.4 in 2016 before decreasing to approximately 15.5 in 2023, slightly higher than the current national average of fourteen. Such trends could impact property investment decisions, family relocations, and the education job market, as lower ratios often promise more individualized student attention, enhancing school district desirability. Real estate agents and... Read more
Student-to-teacher ratio in Sampson County, North Carolina over the last 10 years
The student-to-teacher ratio in Sampson County, North Carolina has exhibited a slight fluctuation over the past decade, beginning at approximately sixteen in 2014 and seeing minor adjustments each year. Although there was a peak around 2016 with a ratio close to 16.4, the most recent data for 2023 indicates a decrease to roughly fifteen and a half. This trend is slightly higher than the current US national average of fourteen students per teacher. These changes might influence decisions for those considering investing in property, moving to the area, or working within the education sector, as lower ratios typically promise more individualized attention for students and can be an attractive factor for families prioritizing education quality. Real estate agents and appraisers might also see these shifts as indicative of potential areas of growth or decline in school district desirability.