Watauga County Real Estate and Livability Trends
Watauga County, North Carolina, has seen average taxable income per tax return climb from $51,864.91 in 2013 to $85,095.78 by 2021, suggesting a boost in economic growth which could attract real estate investments. Median home values have surged from $231,700 in 2015 to $283,000 in 2022, significantly outpacing state and national averages, pointing to a robust housing market. State and local... Read more
Watauga County Market Trends
Median home values in Watauga County, North Carolina, have surged from $231,700 in 2015 to $283,000 in 2022, significantly outpacing state and national averages, suggesting a robust housing market. The average residential energy tax credit per tax return has fluctuated, notably peaking in 2015 and 2018, which could reflect intermittent spikes in energy-efficient home investments. Real estate... Read more
Median Value of Occupied Housing Units in Watauga County, North Carolina Over the Last 8 Years
Median home values in Watauga County, North Carolina, have experienced significant growth over the last few years, rising from $231,700 in 2015 to $283,000 in 2022. This upward trend places Watauga County's median home values well above both the state and national averages. For comparison, North Carolina saw its median home values increase from $154,900 to $234,900 over the same period, while the national figures climbed from $125,500 to $179,400. This may indicate a strong housing market in Watauga County, which could be attractive for real estate investors and those considering relocating.
Residential Energy Tax Credit Per Tax Return in Watauga County, NC Over the Last 9 Years
Over the last nine years, the average residential energy tax credit per tax return in Watauga County, North Carolina, has shown significant fluctuations. Notably, there were peaks in 2015 and 2018, with average tax credits reaching approximately $1,595.83 and $1,650.00 respectively. These spikes suggest periodic increases in energy-efficient investments by homeowners. Meanwhile, other years such as 2016 and 2019 saw relatively lower averages around $534.48 and $693.75, reflecting potential variances in energy-related upgrades or possible changes in tax policy. This data is pivotal for real estate agents, appraisers, and those considering investments, as it underscores the community's evolving engagement with sustainable practices and possibly shifts in tax regulations affecting energy credits.
Average Real Estate Taxes Per Tax Return in Watauga County, NC Over the Last 10 Years
Over the past decade, Watauga County in North Carolina has seen a noticeable increase in average real estate taxes per tax return, moving from approximately $2,019.54 in 2012 to around $3,833.10 by 2021. This upward trend highlights a sustained rise in property-related tax burdens, which can be a critical factor for potential investors, property builders, and current homeowners. Real estate agents and appraisers might need to account for these increasing taxes when evaluating property values and advising clients. For insurance agents, this trend could imply a growing importance of higher property values and therefore potentially higher premiums.
Percentage of Farm Returns in Watauga County, NC Over the Last 10 Years
Over the last decade, Watauga County, North Carolina has seen a gradual decline in the percentage of farm tax returns, dropping from approximately 3.05% in 2012 to about 1.87% in 2021. Farm tax returns generally reflect the number of individuals and businesses filing income from agricultural activities. This trend suggests a possible shift away from traditional farming operations, which could influence local land use patterns, investment opportunities, and development prospects. For those considering investment in the county, this trend might indicate a need for diversified agricultural ventures or alternative land utilization projects.
Number of Mortgages by Occupancy Type in Watauga County, NC Over the Last 5 Years in Watauga County
Over the past five years, the number of mortgages issued in Watauga County, North Carolina has varied significantly by occupancy type. Principal residence mortgages saw a peak in 2021 with 2,587, highlighting a strong demand for primary homes. Meanwhile, second residence mortgages also peaked in 2020 with 1,504 but dropped sharply in 2022. Investment properties had a lower but stable overall count, with a high of 437 in 2021. These shifts are crucial for investors and real estate agents as they indicate changing priorities and opportunities within the market. For insurance agents and appraisers, understanding the dominant occupancy type can guide risk assessments and valuation standards, respectively. For those looking to build, shifting demands suggest where new properties might see the highest interest, thus aiding in making informed development plans.
Economic Outlook
Watauga County, North Carolina, has seen a steady rise in average taxable income per tax return from about $51,864.91 in 2013 to roughly $85,095.78 by 2021, indicating potential economic growth. This upward trend in income suggests a more attractive environment for real estate investments and new businesses, although appraisal values and insurance rates could see increases. The significant jump in state and local income taxes per tax return—from approximately $7,559.78 in 2013 to $16,292.14... Read more
Average Taxable Income per Tax Return in Watauga County, NC over the last 9 years
Watauga County, North Carolina has shown a noticeable increase in average taxable income per tax return over the past nine years. Starting at approximately $51,864.91 in 2013, it has steadily grown to around $85,095.78 by 2021. This trend suggests economic growth in the area, potentially making it an attractive location for real estate investment and new businesses. Appraisal values and insurance rates might also climb in response to this rising income, impacting both current residents and prospective buyers.
Average State and Local Income Taxes Per Tax Return in Watauga County, NC Over the Last 10 Years
Watauga County, North Carolina has witnessed a significant upward trend in average state and local income taxes per tax return over the past decade, with a notable spike starting in 2018. Taxes jumped from approximately $7,559.78 in 2013 to a substantial $16,292.14 in 2021. This increase may suggest either rising incomes or changes in tax policies affecting residents. Such a trend is crucial for potential investors, real estate agents, and those considering moving to the area, as it impacts disposable income and cost of living. Appraisers and insurance agents might also need to take this into account when assessing property values and associated risks.
Average Total Tax Liability Per Tax Return in Watauga County, NC Over the Last 10 Years
Watauga County, North Carolina has experienced a noticeable increase in average total tax liability per tax return over the last decade, climbing from approximately $7,897.32 in 2012 to around $15,261.48 by 2021. This trend could reflect rising incomes, property values, or changes in tax legislation impacting residents. Such a hike in tax liability may influence decisions for potential real estate investors and movers, as it suggests changing economic conditions and possibly heightened living costs. Appraisers, insurance agents, and those involved in property development might find these figures indicative of the region's economic trajectory and market dynamics.
Cost of Living in Watauga County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,320 | $1,669 | $1,782 | $1,464 | $1,493 |
| 1 adult 4 children | $1,320 | $1,363 | $1,363 | $1,464 | $1,602 |
| 2 adults 3 children | $1,320 | $1,363 | $1,546 | $1,464 | $1,224 |
| 1 adult 3 children | $1,320 | $1,113 | $1,127 | $1,464 | $1,328 |
| 2 adults 2 children | $1,040 | $1,116 | $1,310 | $1,307 | $1,013 |
| 1 adult 2 children | $1,040 | $834 | $891 | $1,307 | $977 |
| 2 adults 1 child | $1,040 | $882 | $1,074 | $794 | $910 |
| 1 adult 1 child | $1,040 | $570 | $655 | $794 | $772 |
| 2 adults | $845 | $709 | $839 | $0 | $694 |
| 1 adult | $720 | $387 | $419 | $0 | $573 |
Safety trends & Data
Watauga County, North Carolina has seen fluctuations in property crimes over the last five years, with burglary incidents hitting a notable low in 2019 at 9.0 arrests but rising afterward. Larceny-theft peaked in 2018 with 74.0 cases, then settled into a lower, more consistent range. Motor vehicle thefts and vandalism incidents have remained relatively stable, while fraud and forgery cases are sporadic. For investors and residents, these trends highlight the importance of understanding safety... Read more
Property Crime Trends in Watauga County, NC Over the Last 5 Years
Watauga County, North Carolina has seen varying trends in property crimes over the last five years. Burglary incidents fluctuated, with a notable dip in 2019 at 9.0 arrests but climbed back to double digits in subsequent years. Larceny-theft consistently remained the most common property crime but showed a peak in 2018 with 74.0 cases before settling into a lower range. Motor vehicle thefts and vandalism incidents remained relatively low but constant. Fraud and forgery cases appeared sporadically without significant surges. These trends carry implications for potential investors and residents in understanding safety and security dynamics over time.
Demographics
Watauga County, North Carolina, showcases intriguing demographic trends. The gender split among adults is relatively balanced with a slight female majority. In education, the population leans heavily towards higher educational attainment, with significant proportions holding bachelor's and graduate degrees. Age-wise, there's a notable concentration of young adults, particularly those aged 20 to 24, likely influenced by the presence of a university. Racially, the county is predominantly White,... Read more
Race Distribution in Watauga County, North Carolina (2022)
Educational Attainment in Watauga County, North Carolina (2022)
Age Distribution in Watauga County, North Carolina
Citizen Population in Watauga County, North Carolina (2022)
Political Trends & Data
In Watauga County, North Carolina, the 2020 Presidential Election results suggest Democrats might have a slight edge with 53.14% of the vote compared to Republicans' 44.85%. The minor parties collectively only grabbed about 2% of the vote. This political landscape hints at a Democratic tilt, but the significant Republican presence indicates it remains a competitive... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Watauga County, North Carolina, the 2020 U.S. Presidential Election results showed Democrats possibly having a slight edge with 53.14% of the vote compared to Republicans' 44.85%. Minor parties like the Libertarian and Green parties garnered minimal support, accounting for only about 1.2% and 0.3% of the votes respectively. Other candidates received around 0.5%. This trend could suggest a leaning towards Democratic preferences in the region, but the considerable Republican support indicates a competitive political landscape.
44.85% of voters voted for the Republican party in the 2020 Presidential Election
53.14% of voters voted for the Democrat party in the 2020 Presidential Election
1.20% of voters voted for the Livertarian party in the 2020 Presidential Election
0.32% of voters voted for the Green party in the 2020 Presidential Election
0.49% of voters voted for the Other party in the 2020 Presidential Election
School Data
Watauga County, North Carolina's student-to-teacher ratios have mostly been below the national average over the past decade, typically ranging from 10 to 12 students per teacher. Spikes in 2020 and 2021 pushed ratios to up to 23, before settling to around 16 more recently. These fluctuations may influence investor and developer decisions, as well as family relocations due to perceived education quality. Appraisers and insurance agents could also consider these trends in property valuations and... Read more
Student-to-teacher ratio in Watauga County, North Carolina over the last 10 years
Over the last decade, Watauga County, North Carolina has generally seen student-to-teacher ratios well below the national average of 14 students per teacher, with values ranging from about 10 to 12 students per teacher until 2019. However, notable spikes occurred in 2020 and 2021, reaching up to 23 and dropping to about 16 students per teacher in more recent years. Such fluctuations could potentially impact decisions for investors, real estate developers, and families considering a move to the area, as these ratios can influence perceptions of local education quality and overall community appeal. Additionally, appraisers and insurance agents might factor such trends into their assessments, possibly affecting property valuations and coverage policies based on shifts in school population and resources.
