Edgefield County Real Estate and Livability Trends
Edgefield County, South Carolina has seen its average taxable income per tax return climb from $45,201.68 in 2013 to $64,402.46 in 2021, indicating rising prosperity or improved income reporting accuracy. Median home values have also increased from $114,900 in 2015 to $162,900 in 2022, demonstrating affordability despite trailing state and national trends. The surge in real estate taxes per... Read more
Edgefield County Market Trends
Median home values in Edgefield County, South Carolina have risen from $114,900 in 2015 to $162,900 in 2022, trailing state and national trends but highlighting affordability. A surge in average residential energy tax credits, peaking at $2,325.00 in 2018, might attract interest in energy-efficient properties. Real estate taxes per return have notably increased, rising from $1,499.59 in 2012 to... Read more
Median Value of Occupied Housing Units in Edgefield County, South Carolina Over the Last 8 Years
Median home values in Edgefield County, South Carolina have shown steady growth over the last eight years, jumping from $114,900 in 2015 to $162,900 in 2022. When compared to both state and national trends, Edgefield County's growth appears consistent, though the county's values remain lower. For instance, South Carolina saw median values rise from $139,900 to $216,200 over the same period, while the national median values increased from $125,500 to $179,400. This indicates that Edgefield County may offer more affordable housing options, potentially making it an attractive option for buyers seeking value in the current market.
Residential Energy Tax Credit Per Tax Return in Edgefield County, SC Over the Last 9 Years
Over the last nine years, Edgefield County, South Carolina has seen a fluctuating yet overall increasing trend in the average residential energy tax credit per tax return. Starting at $338.10 in 2013, the value saw notable spikes, particularly in 2018 with a peak at $2,325.00. This growth may offer potential benefits for property investors and real estate developers interested in energy-efficient housing, and for insurance agents assessing property risks tied to energy improvements. Additionally, the variation in tax credits might reflect shifts in local policies or increasing homeowner interest in energy-saving initiatives.
Average Real Estate Taxes Per Tax Return in Edgefield County, SC Over the Last 10 Years
Over the past decade, Edgefield County, South Carolina has observed a general upward trajectory in average real estate taxes per tax return, with substantial jumps particularly notable after 2017. The figures moved from $1,499.59 in 2012 to $2,675.81 in 2021, indicating a significant rise that might correlate to property value increases or adjustments in tax regulations. Those looking to invest or build property here might find these trends indicative of a strengthening real estate market, potentially leading to higher returns. Real estate agents and appraisers will need to consider these rising taxes when advising clients on long-term investments or home ownership costs.
Percentage of Farm Returns in Edgefield County, SC Over the Last 10 Years
The percentage of farm tax returns in Edgefield County, South Carolina, has shown some variability over the last decade, fluctuating generally between 2.91% and 3.64%. In the context of farm tax returns, these figures represent the proportion of total tax returns filed in the county that can be attributed to farming income. This trend could be of interest to investors and property developers as it reflects the stability and economic footprint of agriculture in the area. For those considering moving to or investing in Edgefield County, this data might suggest a relatively stable but modestly changing agricultural presence, which could influence decisions related to land use, local economy development, and community planning.
Number of Mortgages by Occupancy Type in Edgefield County, SC Over the Last 5 Years in Edgefield County
Edgefield County, South Carolina has seen notable shifts in mortgage types over the past five years. There's a consistent dominance of principal residence mortgages, peaking in 2020 at 1,640 from 881 in 2018. Investment property mortgages have been relatively steady, fluctuating slightly without a clear upward or downward trend, with a slight peak in 2021. Second residence mortgages have varied minimally, maintaining lower figures throughout. This data is crucial for investors and developers, as a higher number of principal residence mortgages suggests a stable, growing community, possibly increasing property values. Insurance agents and appraisers might find this stability appealing, indicating lower risk in terms of investment and property valuations. Understanding occupancy type changes assists real estate agents and policymakers in tailoring strategies suited to resident needs and market dynamics.
Economic Outlook
Edgefield County, South Carolina has experienced a notable increase in average taxable income per tax return, jumping from $45,201.68 in 2013 to $64,402.46 in 2021. This uptick, especially post-2017, suggests rising prosperity or improved income reporting accuracy. State and local income taxes show a similar trend, rising from $5,390.72 in 2012 to $9,622.06 in 2021, hinting at a growing economic base. The total tax liability per tax return has also increased, reaching $9,365.77 in 2021 after a... Read more
Average Taxable Income per Tax Return in Edgefield County, SC over the last 9 years
Edgefield County, South Carolina has seen consistent growth in average taxable income per tax return over the past nine years, increasing from $45,201.68 in 2013 to $64,402.46 in 2021. Notable jumps occurred between 2017 and 2021, suggesting a trend of rising prosperity or improved income reporting accuracy. This growth could be attractive to potential investors, real estate agents, and those considering moving to the area, indicating potentially higher disposable incomes and economic stability. Appraisers and insurance agents might also find these trends useful for adjusting property values and policy calculations.
Average State and Local Income Taxes Per Tax Return in Edgefield County, SC Over the Last 10 Years
Over the past decade, state and local income taxes per tax return in Edgefield County, South Carolina, have seen a notable upward trend. Starting at approximately $5,390.72 in 2012, the figure has steadily increased, peaking at about $9,622.06 in 2021. This sharp rise, especially marked between 2017 and 2019, may signal a growing economic base or rising incomes, which could be appealing for potential investors and real estate professionals assessing the area's financial landscape. These rising tax values may also inform appraisers and insurance agents about potential changes in property valuation and insurance premiums. Additionally, those looking to move to or build in the county might consider these tax rates as a factor in their decision-making process.
Average Total Tax Liability Per Tax Return in Edgefield County, SC Over the Last 10 Years
In Edgefield County, South Carolina, the average total tax liability per tax return has shown a general upward trend over the past decade, peaking at $9,365.77 in 2021. Following a slight decline around 2013-2014, the figures started to rise more sharply post-2015. A notable increase can be seen between 2019 and 2021. This upward trajectory may suggest a healthy economic climate or growing incomes, which is crucial information for potential investors, property developers, and real estate agents looking to capitalize on this growth. For appraisers and insurance agents, these trends could imply shifts in property values and risk assessments.
Cost of Living in Edgefield County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,009 | $1,343 | $1,749 | $1,101 | $925 |
| 1 adult 4 children | $1,009 | $1,097 | $1,336 | $1,101 | $1,034 |
| 2 adults 3 children | $1,009 | $1,097 | $1,518 | $1,101 | $743 |
| 1 adult 3 children | $1,009 | $896 | $1,105 | $1,101 | $804 |
| 2 adults 2 children | $750 | $898 | $1,287 | $967 | $641 |
| 1 adult 2 children | $750 | $671 | $874 | $967 | $564 |
| 2 adults 1 child | $750 | $710 | $1,057 | $532 | $606 |
| 1 adult 1 child | $750 | $459 | $644 | $532 | $509 |
| 2 adults | $656 | $570 | $826 | $0 | $562 |
| 1 adult | $553 | $311 | $413 | $0 | $494 |
Safety trends & Data
Edgefield County, South Carolina has experienced some property crime fluctuations over the past five years. While burglary and larceny-theft incidents remained stable from 2018 to 2021, both surged in 2022, with burglary incidents rising to 9 and larceny-theft incidents to 17. Vandalism is also showing a mild upward trend, particularly in 2022. However, motor vehicle theft and arson rates appear relatively steady or low. These evolving crime patterns could impact property valuations, insurance... Read more
Property Crime Trends in Edgefield County, SC Over the Last 5 Years
Edgefield County, South Carolina has seen some fluctuations in property crime over the past five years, marked by a noticeable spike in certain offenses. While burglary and larceny-theft arrests were relatively stable from 2018 to 2021, 2022 saw a significant increase, with burglary incidents jumping to 9 and larceny-theft incidents soaring to 17. Vandalism also shows a mild upward trend, particularly peaking in 2022. These patterns suggest that while some types of property crimes may be becoming more prevalent, others like motor vehicle theft and arson remain relatively consistent or low. For those considering investment or relocation to the area, it's vital to keep these shifting crime dynamics in mind for property valuations, insurance premiums, and overall safety in the community.
Demographics
Edgefield County, South Carolina, showcases distinct demographic characteristics. The adult population leans slightly male. Educational attainment reveals a high school diploma as the most common level, with relatively fewer residents holding graduate or professional degrees. The age distribution highlights a larger population in the 35 to 64 age bracket, suggesting a mature workforce. Racially, the area is predominantly White with a notable Black or African American... Read more
Race Distribution in Edgefield County, South Carolina (2022)
Educational Attainment in Edgefield County, South Carolina (2022)
Age Distribution in Edgefield County, South Carolina
Citizen Population in Edgefield County, South Carolina (2022)
Political Trends & Data
Edgefield County, South Carolina, seems to lean Republican, with roughly 61.5% of the vote in the 2020 U.S. Presidential Election potentially going to the GOP. Democrats presumably received about 37.2%, and third-party candidates got around 1%. This apparent political trend mirrors the conservative tilt generally observed in rural South... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Edgefield County in South Carolina presumably leaned Republican in the 2020 U.S. Presidential Election, with Republicans potentially capturing about 61.5% of the votes. Democrats appeared to have garnered around 37.2%, while third-party votes, including Libertarians and the Green Party, collectively reached an approximate 1%. This distribution suggests a strong tilt towards conservative preferences, reflective of broader trends seen in rural parts of the state.
61.52% of voters voted for the Republican party in the 2020 Presidential Election
37.23% of voters voted for the Democrat party in the 2020 Presidential Election
0.90% of voters voted for the Livertarian party in the 2020 Presidential Election
0.29% 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
Edgefield County, South Carolina, has seen the student-to-teacher ratio decrease from around thirteen in 2014 to roughly eleven in 2023, lower than the national average of fourteen. This trend could indicate more individualized attention for students, which might appeal to families moving to the area. Investors may view this as a sign of growing emphasis on education quality, while realtors can highlight this as a key selling point. Appraisers and insurance agents could see this as a positive... Read more
Student-to-teacher ratio in Edgefield County, South Carolina over the last 10 years
Edgefield County, South Carolina, has seen a decreasing trend in the student-to-teacher ratio over the past decade, dropping from around thirteen students per teacher in 2014 to roughly eleven in 2023. This ratio is currently lower than the national average of fourteen students per teacher, indicating potentially more individualized attention for students. For investors, this trend might suggest a growing emphasis on education quality in the area. Meanwhile, families considering moving to Edgefield may find the lower ratios appealing, while real estate agents can highlight this as a selling point. Additionally, appraisers and insurance agents might consider this factor a positive indicator of community investment in education.
