Greenville County Real Estate and Livability Trends
Greenville County, South Carolina, is showing robust economic signals with average taxable incomes rising from $58,706.96 in 2013 to $86,026.86 in 2021, hinting at a solid local economy attractive to investors. Home values jumped from $156,200 in 2015 to $248,900 in 2022, outpacing state and national averages—an indicator of rising property values and economic growth. Declining poverty rates,... Read more
Greenville County Market Trends
Greenville County's median home values surged from $156,200 in 2015 to $248,900 in 2022, significantly outpacing both South Carolina and national averages. The rise in real estate taxes, from approximately $2,060.41 in 2012 to about $3,849.92 in 2021, further suggests growing property values and a stronger local economy. Meanwhile, the increase in residential energy tax credits, peaking at... Read more
Median Value of Occupied Housing Units in Greenville County, South Carolina Over the Last 8 Years
Greenville County's median home values have surged from $156,200 in 2015 to $248,900 in 2022, notably outpacing both South Carolina and the national averages. While state-wide home values grew to $216,200 over the same period, and national values reached $179,400, Greenville County demonstrates an alluring property market for potential investors. This rapid appreciation may represent strong economic growth and increasing desirability, encouraging those looking to invest, relocate, or build properties to consider Greenville County for its robust market trends.
Residential Energy Tax Credit Per Tax Return in Greenville County, SC Over the Last 9 Years
Over the past nine years, Greenville County, South Carolina, has seen a significant uptick in the average residential energy tax credit per tax return. Starting at $345.35 in 2013, the amount fluctuated but noticeably increased to over $1,742.00 by 2017, peaking at $3,555.56 in 2018. This trend suggests a growing investment in energy-efficient improvements among homeowners, offering potential benefits for property investors, real estate agents, appraisers, and insurance agents. The sizeable credits imply that residents are increasingly prioritizing sustainable upgrades, likely enhancing property values and resulting in a potentially lucrative market for energy-related home improvements.
Average Real Estate Taxes Per Tax Return in Greenville County, SC Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Greenville County, South Carolina, have shown a steady upward trend, rising from approximately $2,060.41 in 2012 to about $3,849.92 in 2021. This consistent increase could indicate growing property values and possibly a stronger local economy. For potential investors and real estate agents, this trend might be a positive signal of long-term property value appreciation. However, it also suggests that new home buyers or existing homeowners should anticipate higher tax burdens.
Percentage of Farm Returns in Greenville County, SC Over the Last 10 Years
Farm tax returns in Greenville County, South Carolina have shown slight fluctuations over the past decade, trending generally downward. Starting from 0.42% in 2012, the percentage saw minor dips and peaks, hitting a low at around 0.35% in 2020, and ticking up slightly to 0.36% in 2021. For investors, property developers, or those interested in the agricultural sector of Greenville County, understanding these small but consistent shifts can offer insights into the viability and growth potential of farm-related investments and land usage in the area. It’s an important factor considering how farm tax returns can influence the local economy and agricultural landscape.
Number of Mortgages by Occupancy Type in Greenville County, SC Over the Last 5 Years in Greenville County
Greenville County, South Carolina has shown a steady increase in mortgage counts for principal residences over the past five years, suggesting a robust housing market driven by local demand. Meanwhile, mortgages for investment properties and second residences have also risen, albeit more modestly. Changes in occupancy type can signal shifting investor confidence and variances in demand for vacation homes or rental properties. Real estate agents and investors might see this as a sign of growing market maturity and diversification, while insurance agents and appraisers need to consider these trends for accurate risk and value assessments.
Economic Outlook
Greenville County, South Carolina has seen a notable increase in average taxable income per tax return, rising from around $58,706.96 in 2013 to about $86,026.86 in 2021. This upward trend hints at a robust local economy, making the area potentially attractive to real estate investors and developers. State and local income taxes have also surged, climbing from $6,926.34 in 2012 to $14,278.34 in 2021, which may reflect broader economic growth but also increasing tax liabilities. Total tax... Read more
Average Taxable Income per Tax Return in Greenville County, SC over the last 9 years
Greenville County, South Carolina has experienced a steady increase in average taxable income per tax return over the past nine years, jumping from approximately $58,706.96 in 2013 to about $86,026.86 in 2021. Such growth potentially indicates a robust local economy and could be attractive to real estate investors and developers looking for promising markets. This income rise may also appeal to individuals considering relocation, as it could suggest increased prosperity and job opportunities within the county. Moreover, insurance agents and appraisers might find relevance in these trends when evaluating risk and property value, respectively.
Average State and Local Income Taxes Per Tax Return in Greenville County, SC Over the Last 10 Years
Over the past decade, Greenville County, South Carolina saw a notable increase in the average state and local income taxes per tax return. Starting at $6,926.34 in 2012, the figures rose steadily year after year, reaching $14,278.34 in 2021. The most significant jump occurred between 2017 and 2018, with taxes per return escalating by over $3,000. This trend might reflect broader economic growth in the county, making it a potentially lucrative area for real estate investors, appraisers, and insurance agents. However, prospective residents and businesses should consider these rising tax liabilities when planning their finances.
Average Total Tax Liability Per Tax Return in Greenville County, SC Over the Last 10 Years
Over the last decade, Greenville County, South Carolina has seen a relatively steady increase in the average total tax liability per tax return. From $10,144.54 in 2012 to $15,046.86 in 2021, there has been notable growth with occasional fluctuations, most prominently in 2019 and 2021. Such trends might suggest an overall increase in taxable income, influenced by factors like rising property values and economic development in the area. This information could prove useful for real estate agents, prospective homeowners, and investors who are trying to gauge the local market dynamics and the potential tax implications of their investments.
Cost of Living in Greenville County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,390 | $1,560 | $1,896 | $1,250 | $1,295 |
| 1 adult 4 children | $1,390 | $1,274 | $1,450 | $1,250 | $1,429 |
| 2 adults 3 children | $1,390 | $1,275 | $1,645 | $1,250 | $1,058 |
| 1 adult 3 children | $1,390 | $1,041 | $1,199 | $1,250 | $1,169 |
| 2 adults 2 children | $1,087 | $1,043 | $1,394 | $1,127 | $874 |
| 1 adult 2 children | $1,087 | $779 | $948 | $1,127 | $861 |
| 2 adults 1 child | $1,087 | $825 | $1,144 | $730 | $850 |
| 1 adult 1 child | $1,087 | $533 | $697 | $730 | $712 |
| 2 adults | $963 | $663 | $893 | $0 | $702 |
| 1 adult | $894 | $361 | $446 | $0 | $623 |
Safety trends & Data
Property crime trends in Greenville County, South Carolina, reveal nuanced shifts over the past five years. While arson saw fluctuations and slight increases in 2022, burglary incidents consistently decreased. Larceny-theft initially surged but dropped significantly by 2021, and embezzlement and forgery cases trended downward. Vandalism spiked in 2021 before slightly falling again in 2022. Motor vehicle thefts showed a modest uptick, with fraud and stolen property incidents varying without a... Read more
Property Crime Trends in Greenville County, SC Over the Last 5 Years
Over the past five years, property crimes in Greenville County, South Carolina, have shown nuanced shifts. Arson numbers fluctuated but remained relatively low with a slight increase in 2022. Burglary incidents have decreased nearly every year, contrasting with larceny-theft which initially surged but then significantly dropped in 2021. Embezzlement and forgery cases also witnessed a downward trend. Vandalism spiked in 2021 but slightly fell again in 2022. Motor vehicle thefts showed a small rise, while fraud and instances of stolen property varied but did not show a clear trend. Investors, insurers, and real estate professionals should consider these subtleties in assessing security needs and market risks.
Demographics
Greenville County, South Carolina's demographic landscape in 2022 is quite varied, reflecting both diversity and some educational attainment challenges. The balance between male and female adults is nearly even, edging slightly in favor of females. Educational attainment highlights a substantial number of residents with a high school diploma or some college experience, yet a notable portion of the population still lacks a high school diploma. The age distribution shows a youthful tilt, with... Read more
Race Distribution in Greenville County, South Carolina (2022)
Educational Attainment in Greenville County, South Carolina (2022)
Age Distribution in Greenville County, South Carolina
Citizen Population in Greenville County, South Carolina (2022)
Political Trends & Data
Greenville County, South Carolina, likely maintains a strong Republican presence, with about 58% of the 2020 presidential votes going to the GOP. Democrats garnered around 40%, suggesting there’s some level of competition but not enough to significantly close the gap. Minor parties, including Libertarians and Greens, collectively contributed barely 2% to the overall vote share. This stable political landscape is primarily dominated by the two major... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Greenville County, South Carolina likely maintains a strong Republican presence, with approximately 58% of the 2020 presidential votes going to the GOP. Democrats garnered roughly 40%, suggesting some level of competition but not enough to close the gap significantly. Minor parties, including Libertarians, Greens, and others, contributed minimally to the overall vote share, collectively amounting to barely 2%. This distribution might indicate a relatively stable political landscape primarily dominated by the two major parties.
58.11% of voters voted for the Republican party in the 2020 Presidential Election
39.91% of voters voted for the Democrat party in the 2020 Presidential Election
1.62% of voters voted for the Livertarian party in the 2020 Presidential Election
0.27% of voters voted for the Green party in the 2020 Presidential Election
0.09% of voters voted for the Other party in the 2020 Presidential Election
School Data
Greenville County, South Carolina has shown fluctuations in its student-to-teacher ratio, recently dropping from a high of 17 in 2021 to around 15 in 2023. This trend might suggest improving school environments, which could correlate with rising property values. Prospective investors and families might view the reduced ratios as a positive indicator, potentially leading to an uptick in real estate interest and... Read more
Student-to-teacher ratio in Greenville County, South Carolina over the last 10 years
Over the last decade, Greenville County, South Carolina has seen fluctuations in its student-to-teacher ratio, with numbers generally hovering above the national average of 14 students per teacher before dropping below this benchmark in the past two years. The significant increase to 17 in 2021 was likely a result of pandemic-related disruptions. However, recent trends show a decrease to approximately 15 in 2023, reflecting improvements in educational staffing. For prospective investors, the lowering ratios might signal improving school environments, which often correlate with higher property values. Real estate agents and families considering a move to the area could see this as a positive indicator of educational quality. Appraisers might also consider these trends when determining property values, while insurance agents could see shifts in policy demands based on the evolving local demographics and school enrollments.
