Barnwell County Real Estate and Livability Trends
Barnwell County, South Carolina, has experienced a 31% rise in median home values from $74,100 in 2015 to $97,100 in 2022, still below the state's median of $216,200. This affordability may attract budget-conscious buyers or investors. The county also saw increased residential energy tax credits, peaking at $2,925.00 in 2018, and steady upticks in real estate taxes, reaching $2,592.00 in 2021.... Read more
Barnwell County Market Trends
In Barnwell County, South Carolina, median home values rose by 31% from $74,100 in 2015 to $97,100 in 2022, still significantly below the state median of $216,200. This gap may attract budget-conscious buyers or investors seeking more affordable opportunities. The county also saw a marked increase in the residential energy tax credit, peaking at $2,925.00 in 2018 and stabilizing around... Read more
Median Value of Occupied Housing Units in Barnwell County, South Carolina Over the Last 8 Years
In Barnwell County, South Carolina, median home values have steadily increased over the past eight years, reaching $97,100 in 2022 from $74,100 in 2015. While this 31% increase reflects solid growth, it's still below the state median of $216,200 and the national median of $179,400 in 2022. Lower home values might make Barnwell County an attractive option for budget-conscious buyers or investors seeking more affordable real estate opportunities in a market where growth potential exists.
Residential Energy Tax Credit Per Tax Return in Barnwell County, SC Over the Last 9 Years
Barnwell County, South Carolina has seen notable fluctuations in the average residential energy tax credit per tax return over the past nine years. From modest amounts in the $300-$400 range during 2013 to 2015, there was a sharp increase to $2,925.00 in 2018, potentially indicating a surge in energy-efficient renovations or installations. This spike suggests strong local adoption of federal and state incentives for green building and energy conservation. However, post-2018 figures tapered to around $1,000-$1,300, reflecting a possible stabilization in such investments or changing policy impacts. This matters for potential investors, builders, and real estate agents as it hints at the local population's responsiveness to and possible saturation of available tax credits, impacting market demand for energy-efficient homes.
Average Real Estate Taxes Per Tax Return in Barnwell County, SC Over the Last 10 Years
Barnwell County, South Carolina has seen significant fluctuations in average real estate taxes per tax return over the past decade, with a general upward trend. From $1,492.95 in 2012, there's been a noticeable climb to $2,592.00 by 2021. The most dramatic increases occurred between 2017 and 2019, peaking in 2021. These changes could reflect a combination of rising property values and possible adjustments in tax rates, offering important insights for potential investors, appraisers, and real estate agents interested in this area.
Percentage of Farm Returns in Barnwell County, SC Over the Last 10 Years
In Barnwell County, South Carolina, the percentage of farm tax returns has hovered around 4.4% to 4.8% over the past decade, showing slight fluctuations but no significant upward or downward trends. This data may interest potential investors and developers by indicating a stable agricultural sector, suggesting relatively consistent contributions from farming activities to local tax revenues. Farm tax returns, in this context, reflect the financial health and economic footprint of the county's agriculture, impacting local economy assessments, property valuations, and future development potential in the region.
Number of Mortgages by Occupancy Type in Barnwell County, SC Over the Last 5 Years in Barnwell County
Barnwell County, South Carolina has seen varying trends in mortgage counts by occupancy type over the last five years. Principal residences have consistently held the majority, peaking at 784 in 2021. Investment properties and second residences, while markedly fewer, have displayed more fluctuation, with investment properties gradually decreasing from 26 in 2019 to 18 in 2021, and second residences peaking at 25 in 2021. These shifts could influence investment decisions, property appraisals, and insurance rates, as a higher number of principal residences may indicate growth in primary home buyers, impacting demand and market stability. For real estate agents and potential investors, understanding these shifts is critical for strategic planning and risk assessment.
Economic Outlook
Barnwell County, South Carolina has experienced consistent increases in average taxable income per tax return, rising from around $37,604.54 in 2013 to approximately $46,468.75 in 2021. This could indicate economic growth, potentially boosting property values and interest from investors. Additionally, state and local income taxes have also grown, with residents seeing their tax liabilities go from roughly $4,703.75 in 2012 to about $6,772.41 in 2021. Notably, the total tax liability has also... Read more
Average Taxable Income per Tax Return in Barnwell County, SC over the last 9 years
Barnwell County, South Carolina has seen a steady increase in average taxable income per tax return over the past nine years, with notable jumps around 2015 and 2021. The average taxable income rose from approximately $37,604.54 in 2013 to about $46,468.75 in 2021. This upward trend may suggest economic growth and could be an important factor for investors, real estate developers, and those considering relocation or business ventures in the area. Higher taxable incomes often translate to a more vibrant local economy, potentially influencing property values and demand for residential and commercial spaces.
Average State and Local Income Taxes Per Tax Return in Barnwell County, SC Over the Last 10 Years
Over the past decade, Barnwell County, South Carolina has seen a notable increase in average state and local income taxes per tax return, with a rise from approximately $4,703.75 in 2012 to about $6,772.41 in 2021. Despite a few fluctuations, the overall trend points to growing tax liabilities for residents. This could be a key consideration for potential investors, homebuyers, and financial professionals assessing the fiscal environment in Barnwell County.
Average Total Tax Liability Per Tax Return in Barnwell County, SC Over the Last 10 Years
Over the last decade, Barnwell County, South Carolina has seen notable fluctuations in average total tax liability per tax return. Beginning at approximately $5,060.14 in 2012 and dipping to around $4,770.05 in 2013, the trend shows a general increase peaking at $5,816.41 in 2021. This upward movement could possibly reflect economic expansion or rising property values, making the area potentially attractive for investors and real estate agents. Increased tax liabilities may also signal higher income levels or changes in property development trends, vital information for appraisers and insurance agents in assessing future prospects.
Cost of Living in Barnwell County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,041 | $1,202 | $1,777 | $1,065 | $833 |
| 1 adult 4 children | $1,041 | $982 | $1,359 | $1,065 | $903 |
| 2 adults 3 children | $1,041 | $982 | $1,542 | $1,065 | $656 |
| 1 adult 3 children | $1,041 | $802 | $1,124 | $1,065 | $691 |
| 2 adults 2 children | $780 | $804 | $1,307 | $935 | $564 |
| 1 adult 2 children | $780 | $601 | $889 | $935 | $506 |
| 2 adults 1 child | $780 | $636 | $1,072 | $512 | $562 |
| 1 adult 1 child | $780 | $410 | $654 | $512 | $476 |
| 2 adults | $611 | $511 | $837 | $0 | $505 |
| 1 adult | $607 | $278 | $418 | $0 | $491 |
Safety trends & Data
In Barnwell County, South Carolina, notable shifts in property crime rates emphasize the need for informed decisions in real estate. Larceny-theft decreased from 70.00 in 2018 to 61.00 in 2022, while burglary dropped sharply before a slight uptick, landing at 24.00 in 2022. Fraud plummeted from 67.00 in 2018 to 7.00 in 2022, suggesting possibly more robust security efforts. Motor vehicle theft and vandalism remain steady yet relatively high, highlighting the importance of personal and property... Read more
Property Crime Trends in Barnwell County, SC Over the Last 5 Years
Property crime trends in Barnwell County, South Carolina, reveal a fluctuating landscape over the past five years, important for those invested in real estate or planning to move to the area. Larceny-theft consistently stands out, although it shows a decrease from 70.0 in 2018 to 61.0 in 2022. Burglary saw a decline from a high of 38.0 in 2018 to a low of 11.0 in 2021, before slightly increasing to 24.0 in 2022. Fraud occurrences showed a significant drop from 67.0 in 2018 to just 7.0 in 2022, possibly indicating improved security measures or deterrent efforts. Motor vehicle theft and vandalism figures remain relatively steady but somewhat high, warranting attention for potential personal and property protection. These variations highlight the importance of understanding local crime dynamics for appraisers, insurance agents, and prospective property builders or buyers.
Demographics
Barnwell County, South Carolina, shows a somewhat balanced gender distribution, with a slightly higher female population. A substantial portion of the adult population holds at least a high school diploma, but higher education degrees are less common. The age distribution suggests a relatively even spread across age groups, though there appears to be a noticeable decline in the population aged 20-24 years. Racially, the county is predominantly White or Black/African American, with minimal... Read more
Race Distribution in Barnwell County, South Carolina (2022)
Educational Attainment in Barnwell County, South Carolina (2022)
Age Distribution in Barnwell County, South Carolina
Citizen Population in Barnwell County, South Carolina (2022)
Political Trends & Data
Barnwell County, South Carolina, might lean Republican, evident from over 53% of votes potentially favoring the GOP in the 2020 Presidential Election. Democrats, with about 46%, also have a significant presence, hinting at a competitive political landscape. Minor parties, receiving less than 1% of votes each, likely have limited sway in the county. This voting pattern could mirror broader tendencies seen in similar South Carolina... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Barnwell County, South Carolina, voting patterns in the 2020 U.S. Presidential Election possibly indicate a strong Republican leaning, with over 53% of votes potentially favoring the GOP. Democrats garnered about 46%, suggesting a notable yet smaller support base. Minor parties like the Libertarian and Green parties, along with others, received less than 1% each, possibly highlighting limited influence or appeal within the county. This voting behavior could reflect broader political inclinations typical of certain South Carolina counties.
53.21% of voters voted for the Republican party in the 2020 Presidential Election
45.73% of voters voted for the Democrat party in the 2020 Presidential Election
0.76% of voters voted for the Livertarian party in the 2020 Presidential Election
0.18% of voters voted for the Green party in the 2020 Presidential Election
0.12% of voters voted for the Other party in the 2020 Presidential Election
School Data
Barnwell County, South Carolina has seen a steady decrease in the student-to-teacher ratio, dropping from around 14 in 2014 to about 12 by 2023. With the national average at 14 students per teacher, this trend suggests improved educational conditions, which could pique the interest of families prioritizing education and potentially influence real estate decisions. Smaller class sizes often mean enhanced individual attention and personalized instruction, making Barnwell County an appealing... Read more
Student-to-teacher ratio in Barnwell County, South Carolina over the last 10 years
Barnwell County, South Carolina has shown a steady decrease in the student-to-teacher ratio over the past decade, falling from around 14 in 2014 to approximately 12 in 2023. This trend aligns with higher educational standards, as smaller class sizes often enhance individual attention and personalized instruction. With the national average standing at 14 students per teacher, Barnwell County's lower ratios could be a positive sign for families prioritizing education, potentially influencing decisions for investors, real estate agents, and those planning to move to the area.
