Pickens County Real Estate and Livability Trends
Pickens County, South Carolina has seen a notable increase in median home values from $123,000 in 2015 to $196,600 in 2022, reflecting strong local property value appreciation. Average real estate taxes per tax return have surged from about $1,539.70 in 2012 to approximately $3,744.15 by 2021, potentially tied to rising property values and improved county services. Despite a drop in average... Read more
Pickens County Market Trends
Pickens County, South Carolina has seen a notable increase in median home values from $123,000 in 2015 to $196,600 in 2022, signaling strong local property value appreciation. The average residential energy tax credit per tax return has varied significantly, peaking at $3,935.29 in 2018, reflecting fluctuating investments in energy-efficient upgrades. Average real estate taxes per tax return have... Read more
Median Value of Occupied Housing Units in Pickens County, South Carolina Over the Last 8 Years
Pickens County, South Carolina has seen significant growth in median home values over the past eight years, with an increase from $123,000 in 2015 to $196,600 in 2022. Although South Carolina as a whole has experienced higher median values, reaching $216,200 in 2022, Pickens County’s growth rate appears comparatively robust. Nationally, the median value lagged behind both state and county levels, capping at $179,400 in 2022. This data could signal strong local property value appreciation, appealing to potential investors and new residents.
Residential Energy Tax Credit Per Tax Return in Pickens County, SC Over the Last 9 Years
Over the past nine years in Pickens County, South Carolina, the average residential energy tax credit per tax return shows significant variability, peaking at $3,935.29 in 2018. This fluctuation likely indicates changing levels of investment in energy-efficient home improvements and potentially reflects shifts in local or federal incentives. Such trends can be crucial for investors, homeowners, appraisers, and insurance agents, suggesting variable but occasionally high returns on residential energy upgrades. Those considering property investments or developments in Pickens County may find these tax credits a compelling factor in financial planning and sustainability efforts.
Average Real Estate Taxes Per Tax Return in Pickens County, SC Over the Last 10 Years
Over the last decade, Pickens County, South Carolina has seen a steady rise in average real estate taxes per tax return, starting from around $1,539.70 in 2012 to approximately $3,744.15 by 2021. This significant increase could be of interest to potential investors and current homeowners, as it may indicate rising property values and enhanced county services. For real estate agents and appraisers, the upward trend in tax values suggests a potentially lucrative market, though it also calls for careful consideration of the increasing financial obligations for property owners. If you're considering building property here, it's essential to factor in these escalating taxes as part of your long-term financial planning.
Percentage of Farm Returns in Pickens County, SC Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Pickens County, South Carolina, has shown modest fluctuations, generally hovering around the 1.00% mark. These slight variations indicate a relatively stable agricultural sector with minor annual changes. For potential investors, homeowners, and residents, this consistency hints at a steady farming community that hasn’t faced significant economic volatility. This could be a positive signal for those considering agricultural investments or looking to build property, as the predictable nature of farm returns in this area suggests a resilient local economy.
Number of Mortgages by Occupancy Type in Pickens County, SC Over the Last 5 Years in Pickens County
Over the last 5 years in Pickens County, South Carolina, the number of mortgages for principal residences has consistently dominated the market, with a notable decrease from 2021 to 2022. Investment properties have seen a relatively stable but low volume compared to principal residences, suggesting a potential for growth in rental markets. Meanwhile, mortgages for second residences have fluctuated modestly, reflecting a niche but present demand. For investors, understanding these trends might reveal opportunities in underdeveloped segments. Homebuyers and real estate agents may draw insights into market saturation and potential price stabilization. For appraisers and insurance agents, these patterns could inform risk assessments and property valuations based on occupancy type.
Economic Outlook
In Pickens County, South Carolina, the average taxable income per tax return peaked at $62,970.44 in 2020, but dropped significantly to $52,190.04 in 2021, which might affect property appraisals and insurance rates. The upward trend in state and local income taxes, soaring from $5,782.07 in 2012 to $16,645.28 in 2021, points to rising tax burdens that could influence both resident and investor decisions. Additionally, the average total tax liability per tax return has generally increased,... Read more
Average Taxable Income per Tax Return in Pickens County, SC over the last 9 years
Over the past nine years, Pickens County, South Carolina has generally seen an upward trend in average taxable income per tax return, peaking at $62,970.44 in 2020 before experiencing a notable drop to $52,190.04 in 2021. This fluctuation could potentially impact real estate markets, property appraisals, and insurance calculations. Investors and those considering a move may find opportunities or cautionary signals in this income volatility, influencing decisions on property investments and market predictions.
Average State and Local Income Taxes Per Tax Return in Pickens County, SC Over the Last 10 Years
Over the past decade, Pickens County, South Carolina has seen a notable increase in average state and local income taxes per tax return from $5,782.07 in 2012 to $16,645.28 by 2021. This upward trend suggests rising tax burdens, which potential investors and residents might consider when evaluating the area's financial landscape. The sharp increases from 2017 onward, particularly the jump to $10,706.00 in 2018, may signal economic policy shifts or demographic changes influencing higher tax contributions.
Average Total Tax Liability Per Tax Return in Pickens County, SC Over the Last 10 Years
Over the past decade, average total tax liability per tax return in Pickens County, South Carolina has seen a generally upward trend, rising from approximately $7,100.36 in 2012 to about $11,637.87 in 2021. This increase reflects potential economic growth or changes in tax policies. The sharp uptick from 2019 ($9,295.72) to 2021 ($11,637.87) may suggest significant economic or demographic shifts worth investigating. This data can be pivotal for real estate agents, investors, appraisers, and insurance agents as it offers insights into the financial landscape and tax burden trends in the area.
Cost of Living in Pickens County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,157 | $1,428 | $2,039 | $1,250 | $1,176 |
| 1 adult 4 children | $1,157 | $1,166 | $1,560 | $1,250 | $1,292 |
| 2 adults 3 children | $1,157 | $1,166 | $1,769 | $1,250 | $948 |
| 1 adult 3 children | $1,157 | $952 | $1,290 | $1,250 | $1,037 |
| 2 adults 2 children | $905 | $955 | $1,498 | $1,127 | $809 |
| 1 adult 2 children | $905 | $713 | $1,019 | $1,127 | $772 |
| 2 adults 1 child | $905 | $755 | $1,228 | $730 | $786 |
| 1 adult 1 child | $905 | $487 | $749 | $730 | $647 |
| 2 adults | $802 | $606 | $958 | $0 | $645 |
| 1 adult | $745 | $331 | $479 | $0 | $568 |
Safety trends & Data
Pickens County, South Carolina has seen a notable decline in property crime over the past five years, particularly in burglary and larceny-theft incidents. However, there was a spike in arson cases in 2022, increasing to 9 reported cases. Embezzlement and fraud have mostly remained low, but fraud showed some fluctuations. Vandalism and motor vehicle theft rates have varied without drastic changes. These nuanced shifts may be particularly interesting to investors, real estate agents, and... Read more
Property Crime Trends in Pickens County, SC Over the Last 5 Years
Pickens County, South Carolina has experienced a notable decline in property crime over the past five years, with significant decreases in burglary and larceny-theft incidents. Despite these overall positive trends, arson cases spiked in 2022, showing an increase to 9 reported cases from previous years' lower figures. Embezzlement and fraud have generally remained low but fraud saw fluctuations, decreasing overall. Vandalism and motor vehicle theft rates have shown some variability but not drastic changes. These nuanced shifts might interest investors, real estate agents, and property developers who seek a comprehensive understanding of the area's crime landscape.
Demographics
Pickens County, South Carolina, shows a relatively balanced gender distribution among adults with a slight female majority. Educational attainment indicates a substantial portion of the population holds at least a high school diploma, with many achieving some college education or an associate’s degree. The age demographics reveal a diverse spread across all age groups, with notable clusters in the 20-24 and 25-34 year ranges, likely due to the presence of young professionals and students.... Read more
Race Distribution in Pickens County, South Carolina (2022)
Educational Attainment in Pickens County, South Carolina (2022)
Age Distribution in Pickens County, South Carolina
Citizen Population in Pickens County, South Carolina (2022)
Political Trends & Data
Pickens County, South Carolina seems to exhibit a strong conservative leaning based on the 2020 U.S. Presidential Election results, with the Republican candidate likely securing a notable majority. Democratic support appears relatively low, and third-party votes, like those for Libertarian and Green parties, are minimal. This could imply a heavily Republican-leaning electorate and potentially limited openness to alternative political perspectives within the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Pickens County, South Carolina, predominantly leaned Republican in the 2020 U.S. Presidential Election, with a notable majority possibly casting their votes for the Republican candidate. The Democratic party gathered significantly fewer votes, with third parties like the Libertarian and Green parties barely registering. This voting pattern could suggest a strong conservative presence and possibly limited support for alternative political voices in the area.
74.56% of voters voted for the Republican party in the 2020 Presidential Election
23.71% of voters voted for the Democrat party in the 2020 Presidential Election
1.38% of voters voted for the Livertarian party in the 2020 Presidential Election
0.28% 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
Pickens County, South Carolina has seen a noticeable decline in its student-to-teacher ratio over the past decade, dropping from 16 students per teacher in 2014 to 14 in 2023. This trend, moving closer to the national average, could hint at improved educational quality and more personalized attention for each student. For prospective investors or individuals looking to move, this shift might indicate a potentially stronger educational infrastructure. Appraisers and real estate agents could view... Read more
Student-to-teacher ratio in Pickens County, South Carolina over the last 10 years
Pickens County, South Carolina has seen a noticeable decline in its student-to-teacher ratio over the past decade, dropping from 16 students per teacher in 2014 to 14 in 2023. While this downward trend mirrors a movement toward the national average of 14 students per teacher, it could hint at improved educational quality and more personalized attention for each student. For prospective investors or individuals looking to move, this shift might indicate a potentially stronger educational infrastructure. Appraisers and real estate agents could view this as a selling point for families prioritizing education. Insurers and builders, understanding demographic shifts, might also see changing occupancy types that follow educational investment patterns.
