Marlboro County Real Estate and Livability Trends
Marlboro County, South Carolina is gradually becoming a more attractive venue for investors and potential homeowners, fueled by a steady rise in average taxable income and significant property value appreciation. The median home value jumped from $60,200 in 2015 to $77,900 in 2022, suggesting untapped growth potential. Alongside these economic upswings, average state and local income taxes, and... Read more
Marlboro County Market Trends
Marlboro County, South Carolina, is presenting intriguing opportunities for investors and potential homeowners, with the median home value jumping from $60,200 in 2015 to $77,900 in 2022. Although property values have risen, they remain attractively low compared to state and national figures, signaling untapped growth potential. Average residential energy tax credits have notably stayed above... Read more
Median Value of Occupied Housing Units in Marlboro County, South Carolina Over the Last 8 Years
Marlboro County, South Carolina, may be offering some appealing opportunities for investors and prospective homeowners. Over the last 8 years, the median home value in the county rose from $60,200 in 2015 to $77,900 in 2022, a dynamic growth given its relatively low entry point compared to both state and national figures. South Carolina as a whole saw its median values jump from $139,900 to $216,200 in the same period, while nationally the median values increased from $125,500 to $179,400. This contrast highlights Marlboro County as a possibly undervalued market primed for growth, suggesting potential upside for those looking to invest in or move to the area.
Residential Energy Tax Credit Per Tax Return in Marlboro County, SC Over the Last 9 Years
Marlboro County, South Carolina, has seen significant fluctuations in its Residential Energy Tax Credit per tax return over the past nine years. The average credit started at about $433.33 in 2013 and experienced a notable upward trajectory, peaking at $1371.43 in 2018. While there was a drop to $922.22 in 2019, the average credit has generally remained above $1000 from 2017 onwards. This trend suggests increased investments in residential energy efficiency, potentially driven by local policies or rising energy costs, a detail that could be of particular interest to investors, property developers, and homeowners considering energy-efficient improvements.
Average Real Estate Taxes Per Tax Return in Marlboro County, SC Over the Last 10 Years
Over the past decade, Marlboro County, South Carolina, has seen a notable uptick in average real estate taxes per tax return, rising from approximately $1,135.58 in 2012 to about $2,164.70 in 2021. This trend might be indicative of increasing property values or adjustments in tax policies, which can be crucial for potential investors, builders, and current residents to consider. The steepest increases occurred between 2018 and 2021, suggesting a significant shift in either property assessments or tax rates in recent years. Those in the real estate and insurance sectors, as well as appraisers, should pay close attention to these changes when evaluating property investments and coverage in the county.
Percentage of Farm Returns in Marlboro County, SC Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Marlboro County, South Carolina, has fluctuated between approximately 0.94% and 1.69%. Farm tax returns, which refer to the filings made by agricultural businesses for income tax purposes, provide insights into the agricultural activity within a region. Despite some variability, there's been a general decline, indicating possible changes in the farming landscape, such as farm consolidation or shifts to other industries. This trend could be significant for potential investors, property developers, and residents interested in economic conditions and agricultural viability in the county.
Number of Mortgages by Occupancy Type in Marlboro County, SC Over the Last 5 Years in Marlboro County
In Marlboro County, South Carolina, principal residence mortgages have generally dominated the market over the past five years, peaking in 2021 at 702 mortgages. Investment properties saw a consistent but modest presence, averaging around 18 mortgages per year, while second residences fluctuated with a smaller footprint, reaching a high of 21 mortgages in 2020. Shifts in occupancy types can signal changing economic dynamics and priorities in the area, influencing potential appreciation rates, rental market viability, and insurance premiums. For investors and homebuyers, understanding these trends can pinpoint emerging opportunities and risks, while real estate agents and appraisers might use this data to more accurately gauge property values and market demand.
Economic Outlook
Marlboro County, South Carolina has experienced a steady rise in average taxable income per tax return over the past nine years, from $31,373.24 in 2013 to $39,016.03 in 2021, with notable jumps between 2016-2017 and 2020-2021. Additionally, average state and local income taxes have ramped up from $3,988.89 in 2012 to $5,991.30 in 2021, particularly leaping post-2017. The average total tax liability has also edged upward, suggesting increased income levels or property values. These trends could... Read more
Average Taxable Income per Tax Return in Marlboro County, SC over the last 9 years
Over the past nine years, Marlboro County, South Carolina has seen a steady increase in the average taxable income per tax return. Starting at $31,373.24 in 2013, the figure showed consistent growth, reaching $39,016.03 by 2021. Notable jumps occurred between 2016 and 2017 with a rise to $34,651.82, and between 2020 and 2021, an increase to $39,016.03. This upward trend could be appealing for investors, real estate agents, and other stakeholders as it suggests a gradually improving economic environment in the county.
Average State and Local Income Taxes Per Tax Return in Marlboro County, SC Over the Last 10 Years
Over the last decade, Marlboro County, South Carolina has seen a notable rise in average state and local income taxes per tax return, increasing from $3,988.89 in 2012 to $5,991.30 in 2021. This upward trend might suggest economic growth or changes in local tax policies, potentially influencing investment decisions and cost-of-living considerations. The substantial leap between 2017 and 2021, where the average jumped by over $1,400, could also indicate more recent fiscal developments worth noting for anyone eyeing property investments or planning a move.
Average Total Tax Liability Per Tax Return in Marlboro County, SC Over the Last 10 Years
In Marlboro County, South Carolina, the average total tax liability per tax return has shown a generally upward trend over the past decade, with figures fluctuating from a low of approximately $3,788.76 in 2012 to a peak of about $4,638.62 in 2021. This indicates a potential rise in income levels or property values, which could be an attractive signal for investors and real estate agents. Such trends might also have implications for mortgage rates and property insurance costs, warranting attention from appraisers and insurance agents.
Cost of Living in Marlboro County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $982 | $1,235 | $1,839 | $1,065 | $816 |
| 1 adult 4 children | $982 | $1,008 | $1,407 | $1,065 | $872 |
| 2 adults 3 children | $982 | $1,009 | $1,595 | $1,065 | $639 |
| 1 adult 3 children | $982 | $823 | $1,163 | $1,065 | $660 |
| 2 adults 2 children | $780 | $826 | $1,352 | $935 | $567 |
| 1 adult 2 children | $780 | $617 | $919 | $935 | $503 |
| 2 adults 1 child | $780 | $653 | $1,108 | $512 | $563 |
| 1 adult 1 child | $780 | $421 | $676 | $512 | $472 |
| 2 adults | $593 | $524 | $865 | $0 | $497 |
| 1 adult | $522 | $286 | $432 | $0 | $455 |
Safety trends & Data
Marlboro County, South Carolina, has experienced varying trends in property crime over the past five years, offering some intriguing insights. Burglary peaked in 2019 with 52 arrests but dropped significantly to 21 in 2022, while larceny-theft arrests decreased from 99 in 2018 to 56 in 2022, possibly indicating effective local law enforcement or community programs. Vandalism incidents stayed relatively consistent in the 30s, but arson incidents increased to 6 in 2022 after low numbers in prior... Read more
Property Crime Trends in Marlboro County, SC Over the Last 5 Years
Marlboro County, South Carolina, has seen fluctuating property crime trends over the past five years, with notable shifts in different categories. Instances of burglary peaked in 2019 at 52 arrests and saw a sharp drop to 21 by 2022. Larceny-theft arrests showed a steady decline from 99 in 2018 to 56 in 2022, which might suggest improvements in local law enforcement or community initiatives. Vandalism incidents remained more consistent, hovering around the 30s. Arson rates were relatively low but had a noticeable uptick to 6 incidents in 2022, contrasting with just 1 to 2 instances in earlier years. This data could be pivotal for investors, insurers, and real estate developers analyzing the region’s safety and trendlines.
Demographics
Marlboro County, South Carolina shows a unique demographic composition. The adult population is nearly balanced between males and females, though males slightly outnumber females. When it comes to educational attainment, the majority of residents have at least a high school diploma, but relatively few hold a bachelor's degree or higher. The age distribution leans towards a mid-life population, with a significant number of residents aged 25 to 64. Racially, the county has a notable African... Read more
Race Distribution in Marlboro County, South Carolina (2022)
Educational Attainment in Marlboro County, South Carolina (2022)
Age Distribution in Marlboro County, South Carolina
Citizen Population in Marlboro County, South Carolina (2022)
Political Trends & Data
Marlboro County, South Carolina, showcased a competitive environment in the 2020 U.S. Presidential Election, with Democrats leading Republicans by around 10%. Libertarians and Green Party candidates secured only a small fraction of the votes, underscoring the dominance of the two-party system and indicating limited third-party influence in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Marlboro County, South Carolina, revealed a competitive dynamic in the 2020 U.S. Presidential Election, with Democrats slightly edging out Republicans by approximately 10%. Libertarians and Green Party candidates captured a minor fraction of votes, while other parties barely registered. This suggests a predominantly two-party system with minimal third-party influence in this region.
44.07% of voters voted for the Republican party in the 2020 Presidential Election
54.95% of voters voted for the Democrat party in the 2020 Presidential Election
0.60% 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
0.09% of voters voted for the Other party in the 2020 Presidential Election
School Data
Marlboro County, South Carolina has seen its student-to-teacher ratios vary over the past decade, peaking at nearly 17:1 in 2022 before improving slightly to about 15:1 in 2023. This remains above the national average of 14:1, suggesting potentially larger class sizes that might impact educational quality. Such trends are important for investors, new residents, and real estate agents focusing on educational factors in their decision-making processes. These fluctuations are also relevant for... Read more
Student-to-teacher ratio in Marlboro County, South Carolina over the last 10 years
Over the past decade, Marlboro County, South Carolina has experienced fluctuations in its student-to-teacher ratios, peaking at nearly 17 students per teacher in 2022 before slightly dropping to approximately 15 in 2023. This figure places the county somewhat above the national average of 14 students per teacher, which could imply larger class sizes and potentially less individualized attention for students. These trends might be particularly relevant for potential investors, new residents, or real estate agents who prioritize educational quality in their decision-making processes. Exploring these variations in occupancy type could also be essential for appraisers and insurance agents when considering the local demographic and educational infrastructure.
