Allendale County Real Estate and Livability Trends
Allendale County, South Carolina, has seen a generally upward trend in average taxable income per tax return, rising from $31,186.88 in 2013 to $37,792.52 in 2021, suggesting an improving economic climate that might interest investors. Median home values lag behind state and national averages, hitting $61,800 in 2022, but energy tax credits have significantly increased, indicating a push for... Read more
Allendale County Market Trends
Median home values in Allendale County, South Carolina have historically lagged behind state and national averages, hitting $61,800 in 2022 compared to South Carolina’s $216,200 and the U.S. average of $179,400. However, there's been a notable increase in residential energy tax credits, jumping from $533.33 in 2020 to $966.67 in 2021, suggesting rising incentives for energy-efficient upgrades.... Read more
Median Value of Occupied Housing Units in Allendale County, South Carolina Over the Last 8 Years
Over the past eight years, median home values in Allendale County, South Carolina have consistently lagged behind both state and national averages. In 2022, the median home value in Allendale County reached $61,800, significantly lower than South Carolina’s $216,200 and the U.S. average of $179,400. While the county did see a substantial increase from 2021 to 2022, it's crucial for potential investors or homebuyers to consider this disparity, as it could imply a potential for growth, lower entry costs, or differing market dynamics compared to broader regions.
Residential Energy Tax Credit Per Tax Return in Allendale County, SC Over the Last 6 Years
Investors and homeowners in Allendale County, South Carolina, might notice an interesting trend in residential energy tax credits over the past six years. There has been a sharp increase, particularly noticeable from 2020 to 2021, where the average credit jumped from $533.33 to $966.67. This could indicate growing incentives or heightened adoption of energy-efficient systems in homes, potentially making it a favorable area for property improvements that align with energy savings. Appraisers and insurance agents might also see this as a way to factor in enhanced home values and lower energy-related risks.
Average Real Estate Taxes Per Tax Return in Allendale County, SC Over the Last 10 Years
Over the last decade in Allendale County, South Carolina, average real estate taxes per tax return have shown an upward trend, culminating in a peak of $3,080.00 in 2020 before a slight dip to $2,500.00 in 2021. Despite some fluctuations, the general increase may reflect rising property values or changes in tax rates, factors potentially relevant for prospective real estate investors and appraisers. For those moving to or living in the area, this trend may influence long-term financial planning, while insurance agents might consider these details when assessing property-related risks and premiums.
Percentage of Farm Returns in Allendale County, SC Over the Last 10 Years
Over the last decade, farm tax returns in Allendale County, South Carolina have generally shown a slight decline, with percentages dropping from approximately 3.27% in 2012 to around 2.37% in 2021. These returns peaked in 2012 but have fluctuated downward with notable drops in years like 2019 and 2020. This trend may reflect broader economic shifts or changes in the local agricultural sector, indicating a potential challenging environment for farming enterprises. Investors and prospective residents should be aware of these dynamics as they consider agricultural investments, property development, or relocation to Allendale County.
Number of Mortgages by Occupancy Type in Allendale County, SC Over the Last 5 Years in Allendale County
Allendale County in South Carolina has shown relatively stable but slightly increasing mortgage counts for principal residences over the last five years, suggesting a consistent demand for primary housing. Investment property mortgages have generally remained low and flat, indicating limited speculative buying or rental property investment. Second residence mortgages have remained minimal, showing little interest in secondary or vacation homes. These trends might help investors and developers understand the conservative nature of the market, while appraisers and insurance agents can gauge risks associated with a predominantly principal-residence market. Real estate agents and those looking to move might find stability and predictability in this market's modest growth.
Economic Outlook
Allendale County, South Carolina has shown a mostly upward trend in average taxable income per tax return over the last nine years, climbing from $31,186.88 in 2013 to $37,792.52 in 2021. This suggests an improving economic climate that could be appealing to investors, property builders, and real estate agents. State and local income taxes in the county have fluctuated, with notable increases in 2014 and 2020, hinting at economic or policy changes that may impact financial considerations for... Read more
Average Taxable Income per Tax Return in Allendale County, SC over the last 9 years
Allendale County, South Carolina has exhibited a generally upward trend in average taxable income per tax return over the past nine years. Starting at $31,186.88 in 2013, the average saw notable fluctuations but achieved a high of $37,792.52 in 2021. This gradual increase points to a potentially improving economic climate, which might be encouraging for prospective investors, property builders, and real estate agents looking to capitalize on a growing market. This steady income growth could also influence insurance rates and property appraisals, reflecting a more robust financial environment in the county.
Average State and Local Income Taxes Per Tax Return in Allendale County, SC Over the Last 10 Years
Over the past decade, Allendale County, South Carolina has seen fluctuating average state and local income taxes per tax return, ranging from $4,536.36 in 2017 to a peak of $7,614.29 in 2020. Notably, significant jumps in 2014 and 2020 could hint at economic or policy changes that might interest investors and appraisers. These variations are crucial for real estate agents and those looking to build property, as they potentially impact the financial considerations of moving to or investing in the area. Understanding these trends also aids insurance agents and local residents in budgeting and financial planning.
Average Total Tax Liability Per Tax Return in Allendale County, SC Over the Last 10 Years
Over the past decade, Allendale County, South Carolina has seen fluctuations in average total tax liability per tax return, ranging from lows around $4,323 to highs exceeding $5,570. The variations might suggest cyclical economic conditions or policy changes influencing residents' financial burdens year to year. This shifting tax liability is essential for investors, appraisers, real estate agents, and potential movers as it indirectly reflects the county's economic stability and population's financial health.
Cost of Living in Allendale County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,073 | $1,202 | $1,864 | $1,065 | $877 |
| 1 adult 4 children | $1,073 | $982 | $1,426 | $1,065 | $949 |
| 2 adults 3 children | $1,073 | $982 | $1,617 | $1,065 | $689 |
| 1 adult 3 children | $1,073 | $802 | $1,179 | $1,065 | $726 |
| 2 adults 2 children | $780 | $804 | $1,370 | $935 | $579 |
| 1 adult 2 children | $780 | $601 | $932 | $935 | $516 |
| 2 adults 1 child | $780 | $636 | $1,123 | $512 | $573 |
| 1 adult 1 child | $780 | $410 | $685 | $512 | $480 |
| 2 adults | $674 | $511 | $876 | $0 | $533 |
| 1 adult | $644 | $278 | $438 | $0 | $504 |
Safety trends & Data
In Allendale County, South Carolina, property crime trends over the last five years indicate fluctuating but generally increasing incidents, particularly in burglary and larceny-theft. Burglary incidents saw a sharp rise from 2 in 2018 to 10 in 2022, while larceny-theft also peaked at 11 in 2022, compared to just 4 in 2018. Vandalism showed notable variability, with a peak at 9 incidents in 2020. This variability and general increase may affect risk assessments and insurance premiums for... Read more
Property Crime Trends in Allendale County, SC Over the Last 5 Years
Over the last five years, property crime trends in Allendale County, South Carolina, have shown fluctuations with notable increases in certain categories. Burglary incidents spiked from 2 in 2018 to 10 in 2022, suggesting a potential need for heightened security measures. Larceny-theft has seen a general upward trend, especially peaking at 11 in 2022 compared to 4 in 2018. Vandalism shows variability, with a significant jump to 9 in 2020 but mostly remaining lower in other years. For prospective property investors or insurance agents, this variability in property crime could impact risk assessments and premiums. Additionally, the rise in incidents like motor vehicle theft and forgery, though less frequent, may necessitate tailored protective measures for residents and property managers.
Demographics
Allendale County, South Carolina, shows a skewed gender distribution with more males than females. Educational attainment is varied, but a significant portion of the population has only completed high school or some college. The age distribution suggests a balanced mix across age groups, with a slightly larger number of residents in the 45 to 64-year range. The racial makeup is predominantly Black or African American, constituting a substantial majority, followed by a smaller proportion of... Read more
Race Distribution in Allendale County, South Carolina (2022)
Educational Attainment in Allendale County, South Carolina (2022)
Age Distribution in Allendale County, South Carolina
Citizen Population in Allendale County, South Carolina (2022)
Political Trends & Data
Allendale County, South Carolina saw a significant Democratic preference in the 2020 U.S. Presidential Election, potentially pointing to a strong local inclination towards this party. Republicans trailed notably, suggesting the county's residents may largely lean towards Democratic policies. Libertarian and Green parties received minimal support, indicating a dominant two-party system in the area. This voting behavior may reflect underlying demographic factors and could influence local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Allendale County, South Carolina, the 2020 U.S. Presidential Election appeared to significantly favor the Democratic Party, which may suggest a consistent trend in voter alignment. While Republicans lagged considerably, both Libertarian and Green parties garnered minimal support, highlighting a possible strong two-party preference within the county. These voting patterns could indicate underlying demographic influences and political inclinations that impact local and national elections.
23.24% of voters voted for the Republican party in the 2020 Presidential Election
75.65% of voters voted for the Democrat party in the 2020 Presidential Election
0.53% of voters voted for the Livertarian party in the 2020 Presidential Election
0.53% of voters voted for the Green party in the 2020 Presidential Election
0.06% of voters voted for the Other party in the 2020 Presidential Election
School Data
Allendale County, South Carolina, experienced a notable decline in student-to-teacher ratios over the past decade, dropping from a peak of 16 students per teacher in 2016 to as low as 8 in 2023. This trend could reflect changes in enrollment rates, increased hiring, or policy shifts. For investors and real estate agents, lower ratios typically hint at better education quality, potentially boosting property values and community appeal. This information might also be significant for appraisers... Read more
Student-to-teacher ratio in Allendale County, South Carolina over the last 10 years
Allendale County, South Carolina, has seen a notable shift in student-to-teacher ratios over the past decade, with figures fluctuating but generally trending downward. The ratio peaked at 16 students per teacher in 2016, aligning closely with the national average of 14. However, in recent years, the ratio has dropped significantly, reaching as low as 8 in 2023. This trend might signal a variety of underlying factors, such as changes in enrollment rates, increased hiring of teachers, or different policy implementations. For potential investors, real estate agents, or anyone considering moving to the area, lower student-to-teacher ratios are typically seen as indicative of more personalized attention and potentially higher quality of education, which could affect local property values and community attractiveness. This variable could also be particularly relevant for appraisers and insurance agents assessing the area’s market potential and risk.
