Calhoun County Real Estate and Livability Trends
Calhoun County, South Carolina is showing strong economic growth with the average taxable income per tax return reaching $61,065.03 in 2021. This rise in income correlates with almost doubling in average state and local income taxes, indicating a healthier economic environment. Median home values have increased to $130,900 in 2022, along with a notable rise in principal residence mortgages,... Read more
Calhoun County Market Trends
Median home values in Calhoun County, South Carolina have seen fluctuations, rising from $100,100 in 2015 to $130,900 in 2022, still lower than state and national medians. Residential energy tax credits peaked at $1,700.00 in 2018, indicating a shift towards energy-efficient home improvements. Real estate taxes have nearly doubled over the past decade, with an average of $2,665.38 by 2021,... Read more
Median Value of Occupied Housing Units in Calhoun County, South Carolina Over the Last 8 Years
Over the past eight years, median home values in Calhoun County, South Carolina have shown a nuanced trajectory, with notable dips and surges. Starting at $100,100 in 2015, the value fluctuated but peaked at $130,900 by 2022. This is considerably lower compared to the state median, which reached $216,200 in the same year, and the national median, which topped $179,400. Investors and potential homeowners may find Calhoun County appealing due to its relatively lower median values, suggesting potential for appreciation or more affordable entry points into the housing market.
Residential Energy Tax Credit Per Tax Return in Calhoun County, SC Over the Last 9 Years
Calhoun County, South Carolina has seen a notable increase in residential energy tax credits per tax return over the past nine years, peaking at $1700.00 in 2018 before settling at around $1255.56 in 2021. This upward trend suggests a growing investment in energy-efficient home improvements, which could indicate rising awareness and adoption of sustainable practices among residents. For real estate agents, investors, and builders, this trend might signify an increasing demand for energy-efficient properties. Appraisers and insurance agents may also find it valuable as such improvements can affect home valuations and insurance premiums.
Average Real Estate Taxes Per Tax Return in Calhoun County, SC Over the Last 10 Years
Average real estate taxes per tax return in Calhoun County, South Carolina have experienced a noticeable rise over the past decade, climbing from an average of $1,363.64 in 2012 to $2,665.38 by 2021. A significant jump occurred between 2017 and 2018, with taxes going from $1,738.98 to $2,335.48. Real estate investors and prospective homebuyers might find these increases indicative of rising property values and potentially greater market stability. For those in the business of property appraisal or insurance, these higher tax amounts could reflect enhanced community development and improvements in local infrastructure.
Percentage of Farm Returns in Calhoun County, SC Over the Last 10 Years
Farm tax returns in Calhoun County, South Carolina have shown a general fluctuation between 4.13% and 4.63% over the last ten years. These percentages suggest that the proportion of farms filing tax returns has remained somewhat stable, with minor ups and downs. For potential investors or those interested in agricultural property, this relative consistency in farm tax returns could indicate a stable farming economy within the county. Stability in farm returns might also suggest reliability in agricultural investments and a consistent presence of farming operations, which are essential considerations when evaluating the area's economic health and potential growth.
Number of Mortgages by Occupancy Type in Calhoun County, SC Over the Last 5 Years in Calhoun County
In Calhoun County, South Carolina, there's been a discernible increase in principal residence mortgages over the last five years, peaking in 2021. Investment property and second residence mortgages have shown more modest and relatively stable numbers. Changes in occupancy type can affect property values, rental yields, and local policy-making; for investors and real estate professionals, understanding these trends helps in forecasting market demand and identifying lucrative opportunities. Additionally, a higher proportion of principal residences can lead to a more vibrant community, potentially boosting long-term property values.
Economic Outlook
Calhoun County, South Carolina has experienced a notable upward trend in average taxable income per tax return, with 2021 figures hitting $61,065.03. Combined with significant increases in average state and local income taxes per tax return, which nearly doubled from $4,860.15 in 2012 to $9,989.29 in 2021, the data seems to signal economic growth. Simultaneously, the average total tax liability per tax return rose to $9,232.08 by 2021, with notable spikes in 2015 and 2020. These trends could... Read more
Average Taxable Income per Tax Return in Calhoun County, SC over the last 9 years
Calhoun County, South Carolina has seen a notable increase in average taxable income per tax return over the last nine years, with 2021 figures reaching $61,065.03. This upward trend, despite minor fluctuations like the dip in 2017, indicates potential economic growth and increased earning power in the region. For investors and real estate agents, these numbers could suggest a strengthening market and rising property values, while insurance agents might consider the implications for coverage costs. For those moving to or living in the area, the data perhaps highlights a promising economic environment.
Average State and Local Income Taxes Per Tax Return in Calhoun County, SC Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Calhoun County, South Carolina have shown significant increases, with a notable jump from $4,860.15 in 2012 to $9,989.29 in 2021. This consistent rise, particularly sharp between 2018 and 2021, could suggest economic growth or policy shifts affecting tax rates. Investors, appraisers, and real estate agents might view this trend as indicative of rising incomes or property values, while those planning to move to or already residing in the area may need to consider the impact on their cost of living.
Average Total Tax Liability Per Tax Return in Calhoun County, SC Over the Last 10 Years
Calhoun County, South Carolina has experienced a notable increase in average total tax liability per tax return over the last decade, rising from approximately $6,129.20 in 2012 to around $9,232.08 in 2021. The trend shows a significant spike in 2015 and 2020, suggesting possible economic changes or policy impacts during these years. This trend might interest potential investors, real estate agents, and those considering moving to the area as it may reflect broader economic growth or increased property values, impacting appraisals and insurance.
Cost of Living in Calhoun County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,256 | $1,307 | $1,784 | $1,101 | $1,066 |
1 adult 4 children | $1,256 | $1,067 | $1,363 | $1,101 | $1,204 |
2 adults 3 children | $1,256 | $1,068 | $1,548 | $1,101 | $865 |
1 adult 3 children | $1,256 | $872 | $1,127 | $1,101 | $975 |
2 adults 2 children | $980 | $874 | $1,313 | $967 | $746 |
1 adult 2 children | $980 | $653 | $892 | $967 | $722 |
2 adults 1 child | $980 | $691 | $1,077 | $532 | $727 |
1 adult 1 child | $980 | $446 | $656 | $532 | $610 |
2 adults | $868 | $555 | $842 | $0 | $649 |
1 adult | $822 | $303 | $421 | $0 | $598 |
Safety trends & Data
Calhoun County, South Carolina has experienced notable fluctuations in property crimes over the past five years. Larceny-theft remains the most frequent, peaking in 2020 with 42 incidents. Motor vehicle theft has gradually increased, reaching 11 arrests in 2021, while burglary and vandalism show moderate, variable frequencies. Interestingly, fraud cases have generally declined, which could imply better financial security or reporting practices. For potential investors, real estate agents, and... Read more
Property Crime Trends in Calhoun County, SC Over the Last 5 Years
Calhoun County, South Carolina has seen notable fluctuations in property crimes over the past five years. Larceny-theft consistently tops the charts, peaking in 2020 with 42 incidents. Burglary and vandalism show moderate yet variable frequencies, while motor vehicle theft has gradually increased, reaching 11 arrests in 2021. Interestingly, fraud cases have generally declined, suggesting possible improvements in financial security or reporting practices. These trends paint a nuanced picture for potential investors, real estate agents, and currently residing individuals, highlighting areas of concern and improvement within the county’s safety landscape.
Demographics
Calhoun County, South Carolina, showcases a slight gender imbalance with females outnumbering males. Educational attainment trends show a significant number of residents achieving at least a high school diploma, yet a noticeable portion of the population has not completed high school. Age distribution suggests an aging population, particularly with a larger segment in the 55 to 74 age range. Racial demographics reveal a predominantly White and African American community, with other racial... Read more
Race Distribution in Calhoun County, South Carolina (2022)
Educational Attainment in Calhoun County, South Carolina (2022)
Age Distribution in Calhoun County, South Carolina
Citizen Population in Calhoun County, South Carolina (2022)
Political Trends & Data
In Calhoun County, South Carolina, the 2020 U.S. Presidential Election results indicate a narrow edge for the Republican party with just over 51.9% of the vote, while Democrats secured 47.1%. Minor parties received minimal support, highlighting a predominantly two-party landscape with Republicans possibly holding a small influence in local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Calhoun County, South Carolina, the Republican party seemingly held a slight edge over the Democratic party in the 2020 U.S. Presidential Election, capturing just over 51.9% of the vote compared to the Democrats' 47.1%. Minor parties like the Libertarian and Green parties, as well as other candidates, garnered minimal support, collectively making up a tiny fraction of the votes. This distribution suggests a predominantly two-party landscape with Republicans potentially having a small but possibly impactful lead.
51.92% of voters voted for the Republican party in the 2020 Presidential Election
47.10% of voters voted for the Democrat party in the 2020 Presidential Election
0.70% of voters voted for the Livertarian party in the 2020 Presidential Election
0.22% 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
The student-to-teacher ratio in Calhoun County, South Carolina, has notably declined from 15 in 2014 to as low as 12 in 2022, before slightly rising to 13 in 2023. With the national average standing at 14, Calhoun County's lower ratios suggest more personalized attention for students, potentially enhancing education quality. This trend could make the county more appealing for families and education investors, possibly driving up real estate demand and impacting property values... Read more
Student-to-teacher ratio in Calhoun County, South Carolina over the last 10 years
The student-to-teacher ratio in Calhoun County, South Carolina, has shown a notable decline over the last decade, starting from 15 in 2014 to reaching as low as 12 in 2022, before slightly rising again to 13 in 2023. Comparatively, while the national average in the United States stands at 14 students per teacher, the recent data suggests Calhoun County has managed to maintain lower ratios in recent years. Lower student-to-teacher ratios can imply more personalized attention for students, potentially enhancing the quality of education and making the county an appealing prospect for families and education investors. This shift could also influence real estate trends, as better education metrics attract homebuyers, impacting property values and the local economy.