Yadkin County Real Estate and Livability Trends
In Yadkin County, North Carolina, the average taxable income per tax return surged from roughly $43,137.07 in 2013 to around $58,827.30 in 2021, hinting at a strengthening local economy that might draw in new residents and investors. Median home values have climbed from $124,400 in 2015 to $160,500 in 2022, presenting more affordable investment opportunities. Meanwhile, real estate taxes rose... Read more
Yadkin County Market Trends
In Yadkin County, North Carolina, median home values have risen from $124,400 in 2015 to $160,500 in 2022, offering more affordable investment opportunities compared to state and national trends. Energy tax credits peaked at $1,733.33 in 2018, hinting at growing energy-efficient home improvements. Real estate taxes have increased from $1,811.03 in 2012 to $2,642.37 in 2021, indicating a potential... Read more
Median Value of Occupied Housing Units in Yadkin County, North Carolina Over the Last 8 Years
In Yadkin County, North Carolina, the median home values have seen an upward trend over the last eight years, from $124,400 in 2015 to $160,500 in 2022. Compared to the state level, which saw a rise from $154,900 to $234,900 in the same period, Yadkin County presents more modest gains, potentially offering more affordable investment opportunities. On the national scale, median home values grew from $125,500 to $179,400, indicating that Yadkin County's values are increasing but still lag behind broader market trends, which could be appealing for those looking for lower-cost entry points.
Residential Energy Tax Credit Per Tax Return in Yadkin County, NC Over the Last 9 Years
Over the past nine years, Yadkin County, North Carolina has seen a noticeable fluctuation in the average residential energy tax credit per tax return, with values ranging from $380.00 in 2013 to a peak of $1,733.33 in 2018. This marked rise in 2018 suggests a potential increase in energy-efficient home improvements or a change in policy favoring such investments. For appraisers and real estate agents, this trend might indicate a growing emphasis on energy-efficient homes, potentially impacting property values. Investors and builders could find opportunity in this evolving market, especially with the increasing average credits suggesting a community progressively more inclined towards sustainable living.
Average Real Estate Taxes Per Tax Return in Yadkin County, NC Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Yadkin County, North Carolina have seen a noticeable increase. Starting at approximately $1,811.03 in 2012, they hovered around $1,950.97 until a significant spike in 2018 where it jumped to around $2,586.67. Since then, these taxes have continued to rise, reaching $2,642.37 in 2021. For those interested in real estate investment, insurance, or appraisals, this upward trend suggests potential increases in property values and possible higher costs of living over time.
Percentage of Farm Returns in Yadkin County, NC Over the Last 10 Years
Yadkin County, North Carolina's farm tax returns have seen slight fluctuations, generally trending downward over the past decade. Starting at approximately 5.65% in 2012, the percentage dipped to around 4.23% by 2020, with a minor recovery to 4.38% in 2021. Farm tax returns, which reflect the income generated from farming activities, can be a barometer for the health of the agricultural sector. Variations here might suggest changing economic conditions, shifts in farm productivity, or alterations in agricultural policies, all critical for potential investors, new residents, property developers, and current inhabitants to consider.
Number of Mortgages by Occupancy Type in Yadkin County, NC Over the Last 5 Years in Yadkin County
Over the past five years, Yadkin County, North Carolina, has seen fluctuating mortgage activity across different occupancy types. Principal residences dominate the mortgage market, consistently accounting for the majority of mortgages each year. Investment properties and second residences, however, show significantly lower, yet fairly consistent, mortgage counts. Such variations in occupancy type could impact property values, which means potential investors might focus more on areas with higher mortgage activity for principal residences. For insurance agents, understanding the proportion of investment properties versus principal residences may help in tailoring policies or predicting risk levels. Real estate agents and appraisers could interpret this data as indicative of the county's residential stability and attractiveness to long-term homeowners rather than transient investors, possibly influencing their marketing and valuation strategies.
Economic Outlook
In Yadkin County, North Carolina, the average taxable income per tax return has significantly increased from approximately $43,137.07 in 2013 to around $58,827.30 in 2021, hinting at a burgeoning local economy. This trend might attract new residents and investors, influencing property values and market dynamics. Additionally, the average state and local income taxes per tax return have more than doubled over the past decade, reaching $11,244.26 in 2021. This climb could affect cost of living... Read more
Average Taxable Income per Tax Return in Yadkin County, NC over the last 9 years
In Yadkin County, North Carolina, there has been a noticeable upward trend in average taxable income per tax return over the last nine years. Starting at approximately $43,137.07 in 2013, the figure has steadily risen, reaching about $58,827.30 by 2021. This gradual increase could suggest a growing local economy, potentially attracting investors, new residents, and business interests. For real estate agents, appraisers, and insurance agents, this upward movement might influence property values and market dynamics in the county.
Average State and Local Income Taxes Per Tax Return in Yadkin County, NC Over the Last 10 Years
Over the past decade, Yadkin County, North Carolina has seen a notable rise in average state and local income taxes per tax return, with a significant jump starting in 2018. By 2021, these taxes reached an average of $11,244.26 compared to around $5,297.04 in 2012. This trend may impact decisions for potential investors, appraisers, insurance agents, and those considering moving to or building property in the area, as higher local taxes could influence overall cost of living and economic attractiveness. For real estate agents and residents, understanding these fluctuations provides valuable insights into financial planning and market conditions.
Average Total Tax Liability Per Tax Return in Yadkin County, NC Over the Last 10 Years
Over the last decade, the average total tax liability per tax return in Yadkin County, North Carolina has shown a clear upward trajectory, with a notable increase from $5,667.56 in 2012 to $7,656.22 in 2021. Despite slight dips here and there, such as in 2013 and 2018, the general trend indicates a rising financial responsibility for residents. This trend is significant for investors, potential residents, and real estate professionals considering the financial climate's impact on property values and investment returns.
Cost of Living in Yadkin County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $967 | $1,395 | $1,625 | $875 | $951 |
| 1 adult 4 children | $967 | $1,140 | $1,240 | $875 | $1,029 |
| 2 adults 3 children | $967 | $1,140 | $1,411 | $875 | $777 |
| 1 adult 3 children | $967 | $931 | $1,026 | $875 | $788 |
| 2 adults 2 children | $732 | $933 | $1,197 | $772 | $687 |
| 1 adult 2 children | $732 | $697 | $813 | $772 | $580 |
| 2 adults 1 child | $732 | $738 | $983 | $436 | $653 |
| 1 adult 1 child | $732 | $476 | $599 | $436 | $542 |
| 2 adults | $608 | $593 | $770 | $0 | $576 |
| 1 adult | $585 | $323 | $385 | $0 | $513 |
Safety trends & Data
Yadkin County, North Carolina has seen fluctuating property crime patterns over the past five years, with burglary incidents dropping from 39.00 in 2018 to 14.00 in 2022. Larceny-theft spiked at 64.00 in 2020 but fell to 24.00 by 2022, while vandalism experienced a notable rise in 2021 but decreased again in 2022. Motor vehicle thefts have shown minor fluctuations, maintaining relative stability. Embezzlement, arson, and fraud remained low but consistent. These crime trends may affect property... Read more
Property Crime Trends in Yadkin County, NC Over the Last 5 Years
Property crime trends in Yadkin County, North Carolina over the past five years show varied patterns. While burglary incidents peaked in 2018 at 39.00 and have generally declined to 14.00 by 2022, larceny-theft shows fluctuations, surging to 64.00 in 2020 before falling to 24.00 by 2022. Vandalism incidents had a noticeable increase in 2021 at 14.00 but reduced to 6.00 in 2022. Motor vehicle thefts remained relatively stable with minor fluctuations. Embezzlement, arson, and fraud crimes maintained low but consistent levels. Trends in these crime statistics are crucial for investors, real estate agents, and residents when considering property security, insurance premiums, and overall safety in the area.
Demographics
Yadkin County, North Carolina, shows a relatively balanced gender distribution with slightly more females than males. Education levels highlight a significant portion of the population holding a high school diploma or some college experience, but fewer have advanced degrees. Age distribution peaks in the 55 to 64-year range, hinting at a possibly aging population. The racial landscape is predominantly White, with other racial groups making up smaller portions of the demographic fabric. These... Read more
Race Distribution in Yadkin County, North Carolina (2022)
Educational Attainment in Yadkin County, North Carolina (2022)
Age Distribution in Yadkin County, North Carolina
Citizen Population in Yadkin County, North Carolina (2022)
Political Trends & Data
Yadkin County, North Carolina, tends to lean heavily Republican, as evidenced by the 2020 U.S. Presidential Election where the Republican candidate possibly secured close to 80% of the vote. Democratic support seems low, potentially under 20%, with minimal impact from third parties like the Libertarians and Greens. This could highlight a strong conservative base and a two-party system's dominance in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Yadkin County in North Carolina seems to heavily favor Republican candidates, as they possibly captured nearly 80% of the vote in the 2020 U.S. Presidential Election. Democratic support appears much lower, with under 20% of the vote, while third parties like the Libertarians and Greens barely register, suggesting a strong two-party dominance. This voting pattern may indicate a predominantly conservative electorate.
79.97% of voters voted for the Republican party in the 2020 Presidential Election
18.89% of voters voted for the Democrat party in the 2020 Presidential Election
0.66% 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
0.34% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past decade, Yadkin County, North Carolina has had its student-to-teacher ratios generally hover around 15, slightly above the national average of 14. This information is relevant for families looking to move, as lower ratios often mean more individualized attention for students. Real estate agents could market the area as having nearly competitive school metrics, while investors and builders might find this indicative of well-resourced educational infrastructure. Recent figures... Read more
Student-to-teacher ratio in Yadkin County, North Carolina over the last 10 years
Over the past decade, Yadkin County, North Carolina has seen its student-to-teacher ratios generally hover around 15, slightly above the national average of 14. This detail might interest families considering a move to the area, as a lower ratio is often linked to more individualized attention for students. For real estate agents, highlighting that Yadkin County’s ratios are only marginally above the national average could help market the area’s schools as nearly competitive with broader benchmarks. Investors and builders might also find this data relevant when evaluating the community support and educational infrastructure, as more balanced ratios often reflect well-resourced schools. Though the ratios have varied slightly year-to-year, the recent figures suggest efforts to maintain manageable class sizes.
