Washington County Real Estate and Livability Trends

Washington County, North Carolina has seen average taxable income rise from $38,061.12 to $44,928.77 between 2015 and 2021, signaling a potentially growing local economy that could draw in investors. Median home values have grown slower than state and national trends, from $82,700 in 2015 to $97,800 in 2022, perhaps impacting investment appeal. The student-to-teacher ratio has stayed close to the... Read more

Economic Outlook

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Washington County, North Carolina has experienced a steady climb in average taxable income per tax return, from $38,061.12 in 2015 to $44,928.77 in 2021, pointing to a potentially burgeoning local economy that might attract investors and new residents. The variable state and local income taxes, peaking at $6,087.50 in 2020 but dropping to $4,356.25 in 2021, reflect shifting economic conditions and policy changes that could influence financial planning. With the average total tax liability... Read more

Average Taxable Income per Tax Return in Washington County, NC over the last 9 years

Washington County, North Carolina has seen a gradual increase in average taxable income per tax return over the past nine years, with a notable jump from $38,061.12 in 2015 to $44,928.77 in 2021. This trend could signal a strengthening local economy and potentially better job opportunities, making the area increasingly appealing for investors and new residents. The rise, peaking in 2021, implies a stable but cautious improvement in residents' financial health, which might interest real estate agents, appraisers, and insurance agents contemplating the region's market dynamics.

Cost of Living in Washington County

Family Size Housing Food Heath Care Child Care Taxes
2 adults
4 children
$1,000 $1,291 $2,466 $1,436 $1,409
1 adult
4 children
$1,000 $1,054 $1,891 $1,436 $1,491
2 adults
3 children
$1,000 $1,055 $2,137 $1,436 $1,146
1 adult
3 children
$1,000 $861 $1,562 $1,436 $1,179
2 adults
2 children
$771 $863 $1,808 $1,243 $939
1 adult
2 children
$771 $645 $1,233 $1,243 $872
2 adults
1 child
$771 $682 $1,479 $615 $815
1 adult
1 child
$771 $441 $904 $615 $661
2 adults
$621 $548 $1,150 $0 $650
1 adult
$617 $299 $575 $0 $557

Safety trends & Data

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Washington County, North Carolina has experienced fluctuating property crime rates over the past five years. Larceny-theft has been the most prevalent, peaking at 25 cases in 2018, then dropping to 6 in 2022. Burglary incidents have slightly declined, while arson began sporadically in 2020 but remains rare. Vandalism has held steady at 5 cases annually, suggesting a manageable concern for property owners. These trends could influence insurance rates and property values, potentially impacting... Read more

Property Crime Trends in Washington County, NC Over the Last 5 Years

Washington County, North Carolina has seen noticeable fluctuations in property crimes over the past five years, with larceny-theft consistently leading with varying intensities, peaking at 25 cases in 2018 but dropping to 6 in 2022. Burglary has also been a persistent issue, showing a slight declining trend from 8 cases in 2018 to 6 in 2022. Notably, there were sporadic occurrences of arson starting in 2020, but incidents remained relatively rare. Vandalism held steady with 5 cases each year, indicating a consistent yet manageable concern for property owners. Prospective investors and property developers should be aware of these trends as they could impact insurance rates and property values.

Demographics

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In Washington County, North Carolina, the adult population leans slightly towards female representation. Educational attainment is somewhat fragmented with a sizable portion having just a high school diploma or attending college without finishing a degree. Age-wise, there's a larger cohort of residents in the 55 to 74 years range, hinting at an aging population. Racially, the county displays a nearly equal distribution between White and Black or African American... Read more

Race Distribution in Washington County, North Carolina (2022)

Educational Attainment in Washington County, North Carolina (2022)

Age Distribution in Washington County, North Carolina

Citizen Population in Washington County, North Carolina (2022)

Political Trends & Data

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Washington County in North Carolina displays a modest lean towards Democratic voters, echoing potential patterns observed in similar locales. While Republican support is almost equivalent, Libertarian and other minor parties appear minimal. This voter distribution implies a mainly two-party contest with limited third-party... Read more

Percentage of Votes in the 2020 U.S. Presidential Election by Party

Washington County in North Carolina may show a slight lead for Democratic voters, reflecting broader trends possibly seen in other regions. Although Republican voters are nearly on par, the presence of Libertarian and other minor parties seems negligible. This distribution could hint at a predominantly two-party competition with minor third-party influences.

44.82% of voters voted for the Republican party in the 2020 Presidential Election

54.73% of voters voted for the Democrat party in the 2020 Presidential Election

0.27% of voters voted for the Livertarian party in the 2020 Presidential Election

0.03% of voters voted for the Green party in the 2020 Presidential Election

0.15% of voters voted for the Other party in the 2020 Presidential Election

School Data

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The student-to-teacher ratio in Washington County, North Carolina, has fluctuated over the past decade, peaking at about 16 in 2021 and dipping to near 14 in 2018, generally staying close to the national average. This could indicate a balanced and potentially improving educational environment, signaling quality community life and stable property values. For investors and real estate agents, these ratios might reflect well-managed educational resources—a key factor when considering market... Read more

Student-to-teacher ratio in Washington County, North Carolina over the last 10 years

The student-to-teacher ratio in Washington County, North Carolina, over the past decade has shown considerable fluctuation, peaking at around 16 in 2021 and dipping to nearly 14 in 2018. Despite these variations, the county's ratio has mostly hovered near the national average of 14 students per teacher. For investors, real estate agents, and potential residents, this data might suggest a balanced and potentially improving educational environment, which can be a strong indicator of community quality and long-term property value. Appraisors and insurance agents may see stable ratios as a sign of well-managed educational resources, translating to a more stable market.