Orangeburg County Real Estate and Livability Trends
Orangeburg County, South Carolina, has seen an overall rise in average taxable income per tax return, alongside steady increments in state and local income taxes, hinting at potential economic growth but also rising living costs. Home values have grown modestly, from $87,600.00 in 2015 to $105,500.00 in 2022, suggesting relative affordability compared to broader trends. Eco-friendly investments... Read more
Orangeburg County Market Trends
Orangeburg County's median home value rose modestly from $87,600.00 in 2015 to $105,500.00 in 2022, suggesting a generally steady market and potential affordability compared to South Carolina's and national increases. Residential energy tax credits have surged, peaking at $1,722.58 in 2018, reflecting possible investments in eco-friendly home improvements, enticing for developers and homeowners.... Read more
Median Value of Occupied Housing Units in Orangeburg County, South Carolina Over the Last 8 Years
Orangeburg County's median home value showed a modest increase from $87,600 in 2015 to $105,500 in 2022, reflecting a generally steady market. However, this increase is relatively modest when compared to South Carolina's rise from $139,900 to $216,200 and the national increase from $125,500 to $179,400 in the same period. This trend could indicate potential opportunities for more affordable investments in Orangeburg County relative to the broader state and national markets.
Residential Energy Tax Credit Per Tax Return in Orangeburg County, SC Over the Last 9 Years
Over the past nine years in Orangeburg County, South Carolina, there's been a marked increase in the average residential energy tax credit per tax return. Starting at $361.04 in 2013, the credit saw significant jumps, peaking at $1,722.58 in 2018, before slightly stabilizing around the $1,200s in recent years. This trend possibly reflects increased investments in energy-efficient home improvements, which might appeal to potential investors, property developers, and homeowners considering eco-friendly upgrades. For real estate agents and appraisers, understanding these incentives and their evolution could be key in accurately estimating property values and advising clients.
Average Real Estate Taxes Per Tax Return in Orangeburg County, SC Over the Last 10 Years
Over the past decade, Orangeburg County, South Carolina has seen a steady increase in average real estate taxes per tax return, escalating from approximately $1,606.70 in 2012 to around $2,901.97 in 2021. Notably, there was a significant spike between 2017 and 2018, where taxes jumped from about $2,026.45 to $2,664.65. Such trends might suggest rising property values or reassessment policies impacting the area, which could be a signal of growth and enhanced investment potential. This trend is crucial for investors, appraisers, insurance agents, and real estate professionals to monitor, as it may influence property-related decisions and valuations.
Percentage of Farm Returns in Orangeburg County, SC Over the Last 10 Years
Farm tax returns in Orangeburg County, South Carolina, have shown a slight but steady reduction over the past decade, dropping from approximately 2.28% in 2012 to around 1.91% in 2021. This downward trend may indicate shifts in the local agricultural economy or evolving land use patterns, which could be pivotal for potential investors, developers, and residents. Understanding this data can be insightful for those considering property investments or agricultural ventures in the region, as it hints at broader economic changes that could affect profitability and land value in Orangeburg County.
Number of Mortgages by Occupancy Type in Orangeburg County, SC Over the Last 5 Years in Orangeburg County
Orangeburg County, South Carolina, has experienced fluctuations in mortgage activity across occupancy types over the last five years. The majority of mortgages have consistently been for principal residences, reflecting a stable demand for homes intended as primary living spaces. Investment properties, on the other hand, have seen a slight dip since 2021, which could influence rental market dynamics and investor interest. The consistent, though relatively low, numbers for second residences suggest a modest interest in vacation or secondary homes. Changes in these trends may affect property valuations, investor strategies, and the housing market's overall health, making them crucial for prospective buyers, investors, appraisers, and real estate agents monitoring the area.
Economic Outlook
Orangeburg County, South Carolina, has seen an overall rise in average taxable income per tax return, going from $36,750.48 in 2013 to $47,772.27 in 2021, barring a slight dip in 2019. Average state and local income taxes have also climbed steadily, hitting about $7,077.44 in 2021, indicating a potentially rising cost of living but also economic growth. The average total tax liability per return has followed a similar upward trajectory, suggesting higher incomes or tax policy shifts.... Read more
Average Taxable Income per Tax Return in Orangeburg County, SC over the last 9 years
Orangeburg County, South Carolina has seen a general upward trend in average taxable income per tax return over the past nine years. From $36,750.48 in 2013 to $47,772.27 in 2021, this data suggests a steady economic growth, barring a slight dip in 2019. Notably, the significant increase between 2020 and 2021 might catch the attention of potential investors and real estate professionals, indicating a possibly more affluent population. These income trends could influence property valuations, mortgage decisions, and general economic projections in the area.
Average State and Local Income Taxes Per Tax Return in Orangeburg County, SC Over the Last 10 Years
Orangeburg County, South Carolina has seen a steady increase in average state and local income taxes per tax return over the last decade. Starting at approximately $4,571.71 in 2012, the taxes have grown noticeably, reaching about $7,077.44 in 2021. This upward trajectory may reflect broader economic factors such as income growth or changes in tax policies. For investors, real estate agents, or individuals considering a move, this trend indicates that while the cost of living may be rising, it also suggests potential growth and opportunity in the area.
Average Total Tax Liability Per Tax Return in Orangeburg County, SC Over the Last 10 Years
Over the last decade, Orangeburg County, South Carolina has experienced a generally upward trend in average total tax liability per tax return, climbing from approximately $5,269.50 in 2012 to around $6,887.01 in 2021. This pattern suggests a growing tax burden which may reflect increased incomes or changes in tax policies. Despite some fluctuations, notably in 2019 when liability dropped to approximately $5,638.60, the overall increase can impact decisions for investors, homeowners, and real estate professionals considering the area.
Cost of Living in Orangeburg County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $989 | $1,295 | $1,657 | $981 | $761 |
| 1 adult 4 children | $989 | $1,057 | $1,266 | $981 | $809 |
| 2 adults 3 children | $989 | $1,058 | $1,438 | $981 | $593 |
| 1 adult 3 children | $989 | $864 | $1,047 | $981 | $611 |
| 2 adults 2 children | $780 | $866 | $1,219 | $858 | $525 |
| 1 adult 2 children | $780 | $647 | $829 | $858 | $467 |
| 2 adults 1 child | $780 | $684 | $1,001 | $461 | $534 |
| 1 adult 1 child | $780 | $442 | $610 | $461 | $450 |
| 2 adults | $691 | $550 | $782 | $0 | $525 |
| 1 adult | $676 | $300 | $391 | $0 | $513 |
Safety trends & Data
Property crime trends in Orangeburg County, South Carolina have seen a noteworthy decline in overall incidents from 2018 to 2022, with larceny-theft arrests dropping significantly from 291 to 113. However, forgery and counterfeiting arrests surged from 9 in 2021 to 23 in 2022. These trends might influence property investment decisions, insurance premiums, and community safety... Read more
Property Crime Trends in Orangeburg County, SC Over the Last 5 Years
Property crime trends in Orangeburg County, South Carolina over the past five years reveal fluctuations that potential investors and residents should find noteworthy. The county saw a decline in overall property crime from 2018 to 2022, with significant drops in categories such as larceny-theft, which decreased from 291 arrests in 2018 to 113 in 2022. Other areas like embezzlement and motor vehicle theft remained relatively stable, but categories such as forgery and counterfeiting saw surges, jumping from 9 arrests in 2021 to 23 in 2022. These trends could impact decisions on property investment, insurance premiums, and community safety initiatives.
Demographics
Orangeburg County, South Carolina, exhibits a higher female adult population compared to males. Educational attainment suggests a significant portion of the population has a high school diploma or some college education, yet fewer individuals hold advanced degrees. The age distribution points to a relatively balanced demographic, with notable concentrations in the younger and older age brackets. The racial composition is predominantly Black or African American, with a substantial White... Read more
Race Distribution in Orangeburg County, South Carolina (2022)
Educational Attainment in Orangeburg County, South Carolina (2022)
Age Distribution in Orangeburg County, South Carolina
Citizen Population in Orangeburg County, South Carolina (2022)
Political Trends & Data
Orangeburg County, South Carolina, demonstrated a clear preference for the Democratic party in the 2020 U.S. Presidential Election, with roughly 66% of the vote. Republican support was around 33%, and third-party candidates collectively garnered less than 1%. This Democratic leaning could influence future political strategies and potentially shape local governance and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Orangeburg County, South Carolina, saw a significant leaning towards the Democratic party in the 2020 U.S. Presidential Election, with approximately 66% of the vote. Republican support was markedly lower, garnering around 33%. Third-party candidates, including Libertarians and Greens, collectively received a negligible share of the votes, barely making up 1% altogether. This trend might suggest a strong Democratic preference within the county's electorate, potentially influencing future political strategies and campaign efforts.
33.01% of voters voted for the Republican party in the 2020 Presidential Election
66.24% of voters voted for the Democrat party in the 2020 Presidential Election
0.42% of voters voted for the Livertarian party in the 2020 Presidential Election
0.26% of voters voted for the Green party in the 2020 Presidential Election
0.07% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the last decade, Orangeburg County in South Carolina has seen a gradual decrease in the student-to-teacher ratio, dipping from around fifteen students per teacher in 2014 to just below twelve in 2023. This consistent reduction compared to the national average of fourteen students per teacher suggests a more favorable environment for personalized attention and support in schools. For educators, real estate agents, and prospective residents, it might hint at a potential boost in educational... Read more
Student-to-teacher ratio in Orangeburg County, South Carolina over the last 10 years
Over the last decade, Orangeburg County in South Carolina has seen a gradual decrease in the student-to-teacher ratio, dipping from around fifteen students per teacher in 2014 to just below twelve in 2023. This consistently lower ratio, compared to the national average of fourteen students per teacher, could suggest a more favorable environment for personalized attention and support in schools. For educators, real estate agents, and prospective residents, this might imply a potential boost in educational quality, making the area attractive for families prioritizing education. Lower ratios might also appeal to investors and insurance agents looking at the district's commitment to education as a strong selling point and indication of community values.
