Appomattox County Real Estate and Livability Trends
Appomattox County, Virginia might be catching the eye of investors and homebuyers due to its steady median home value increase, from $148,200 in 2015 to $178,000 in 2022, and rising average taxable income, jumping from $43,923.68 in 2013 to $58,163.86 in 2021. The hike in residential energy tax credits, peaking at $1,740.00 in 2020, signals a growing interest in green technology, possibly... Read more
Appomattox County Market Trends
Appomattox County, Virginia, might appeal to property investors and homebuyers thanks to its steady rise in median home values, from $148,200 in 2015 to $178,000 in 2022. Compared to the state and national figures, this modest appreciation suggests a potentially more stable market with less risk. Residential energy tax credits also show an increasing trend, peaking at $1,740.00 in 2020, signaling... Read more
Median Value of Occupied Housing Units in Appomattox County, Virginia Over the Last 8 Years
Appomattox County, Virginia might offer appealing opportunities for property investors and homebuyers with its relatively modest rise in median home values over the past eight years. From $148,200 in 2015 to $178,000 in 2022, the increase has been steadier and less dramatic compared to the state median jumping from $245,000 to $339,800 or even the national median moving from $125,500 to $179,400 in the same timeframe. This slower appreciation could suggest a more stable market, potentially presenting less risk and more affordable entry points for those looking to invest in or relocate to the county.
Residential Energy Tax Credit Per Tax Return in Appomattox County, VA Over the Last 8 Years
Appomattox County, Virginia has seen notable fluctuations in residential energy tax credits over the past eight years. The average credit per tax return started at $321.43 in 2013, with a dip in 2014 to $233.33, followed by a consistent rise, reaching $1,740.00 by 2020. Recent trends indicate increased tax incentives for energy-efficient upgrades, peaking between 2019 and 2021, suggesting heightened investment in sustainable living. This likely implies a growing interest in green technologies and could influence property values, investment opportunities, and insurance premiums in the area.
Average Real Estate Taxes Per Tax Return in Appomattox County, VA Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Appomattox County, Virginia have shown a general upward trend, peaking in 2020 at approximately $2315.79 before a slight decrease in 2021 to $2150.00. This incline, especially notable between 2017 and 2018 with a jump from around $1734.81 to $2279.55, could signal rising property values or changes in tax rates, both important considerations for potential investors, property developers, and anyone moving to or living in the area.
Percentage of Farm Returns in Appomattox County, VA Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Appomattox County, Virginia has shown a slight fluctuation, with a peak of around 6.13% in 2016 and a gradual decline to approximately 5.01% by 2021. Farm tax returns, which are typically filed by individuals and entities actively engaged in farming operations, provide insights into the agricultural economic activity in the area. For potential investors and residents, these trends may suggest fluctuating or slightly diminishing farming activity, which could impact land value and development opportunities.
Number of Mortgages by Occupancy Type in Appomattox County, VA Over the Last 5 Years in Appomattox County
Over the past five years, Appomattox County, Virginia has experienced noticeable fluctuations in mortgage trends by occupancy type. Principal Residences have consistently dominated the market, seeing a significant spike in 2021 with over 1,000 mortgages, compared to around 570 in 2018. Investment Properties and Second Residences, while significantly lower in numbers, have remained relatively steady, indicating stable niches within the real estate market. These changes in occupancy types could reflect broader economic shifts and consumer confidence, which are crucial for investors, real estate agents, and appraisers to monitor. Understanding these trends can inform strategic decisions around property development, insurance assessments, and market forecasting.
Economic Outlook
Appomattox County, Virginia has experienced a consistent rise in average taxable income per tax return, from $43,923.68 in 2013 to $58,163.86 in 2021. Coupled with increasing average state and local income taxes, which jumped from approximately $4,065.82 in 2012 to $8,194.29 by 2021, the data hints at economic growth and higher incomes. These trends might be indicators for investors and real estate professionals to consider the county for potential growth opportunities. Additionally, the... Read more
Average Taxable Income per Tax Return in Appomattox County, VA over the last 9 years
Over the past nine years, Appomattox County, Virginia has seen a steady increase in average taxable income per tax return, climbing from $43,923.68 in 2013 to $58,163.86 in 2021. This upward trend suggests that the financial well-being of residents may be improving, which could appeal to potential investors, homebuyers, and real estate professionals looking for growth opportunities. For appraisers and insurance agents, it signals a community experiencing economic expansion, potentially influencing property values and insurance rates.
Average State and Local Income Taxes Per Tax Return in Appomattox County, VA Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Appomattox County, Virginia have displayed a significant upward trend. Starting from approximately $4,065.82 in 2012, the figures have seen sharp increases, with notable jumps in 2018 and 2021, reaching up to $8,194.29 by the latter year. This trend may suggest rising incomes or tax rates, which could impact real estate values, investment strategies, insurance premiums, and property development costs. For those considering moving to or investing in Appomattox County, understanding this tax trend is crucial for financial planning and future expectations.
Average Total Tax Liability Per Tax Return in Appomattox County, VA Over the Last 10 Years
Over the past decade, Appomattox County, Virginia has seen a general increase in the average total tax liability per tax return. Beginning at approximately $5,469.87 in 2012, there is a noticeable upward trend, with the average liability reaching around $7,323.93 by 2021. Such a trend could suggest rising incomes or changes in tax policies affecting residents and businesses. This information may be particularly relevant for those evaluating the economic vitality of the county, such as prospective investors, real estate agents, and policymakers.
Cost of Living in Appomattox County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,094 | $1,359 | $1,628 | $1,208 | $1,140 |
| 1 adult 4 children | $1,094 | $1,110 | $1,242 | $1,208 | $1,270 |
| 2 adults 3 children | $1,094 | $1,110 | $1,413 | $1,208 | $934 |
| 1 adult 3 children | $1,094 | $907 | $1,028 | $1,208 | $1,040 |
| 2 adults 2 children | $805 | $909 | $1,199 | $1,051 | $807 |
| 1 adult 2 children | $805 | $679 | $814 | $1,051 | $775 |
| 2 adults 1 child | $805 | $718 | $985 | $538 | $752 |
| 1 adult 1 child | $805 | $464 | $600 | $538 | $646 |
| 2 adults | $709 | $577 | $771 | $0 | $641 |
| 1 adult | $696 | $315 | $385 | $0 | $579 |
Safety trends & Data
Property crime trends in Appomattox County, Virginia over the last five years show notable fluctuations that may be relevant for investors, real estate agents, and appraisers. Larceny-theft peaked at 19 cases in 2022 with considerable yearly variability, signaling potential concerns for buyers and property managers. Fraud reports spiked in 2020 with seven cases but tapered off later, while vandalism saw an increase in 2022, indicating rising concerns for property security. Understanding these... Read more
Property Crime Trends in Appomattox County, VA Over the Last 5 Years
Property crime trends in Appomattox County, Virginia over the last five years reveal some notable fluctuations that could interest investors, real estate agents, and appraisers. Larceny-theft appears to be the most recurrent issue, peaking at 19 cases in 2022 while showing considerable yearly variability. Fraud reports saw a spike in 2020 with seven cases but tapered off in subsequent years. There was also an increase in vandalism in 2022, reflecting a potentially rising concern for property security. The data suggests understanding these trends could be crucial for making informed decisions about property investments, valuations, and insurance considerations in the area.
Demographics
Appomattox County, Virginia shows a fairly balanced gender population with a slight predominance of females. Educational attainment is skewed towards high school graduates and some college experience, with a smaller fraction achieving bachelor's and graduate degrees. The age distribution hints at a significant representation of middle-aged to older adults, and the ethnic landscape is predominantly White with a notable Black or African American... Read more
Race Distribution in Appomattox County, Virginia (2022)
Educational Attainment in Appomattox County, Virginia (2022)
Age Distribution in Appomattox County, Virginia
Citizen Population in Appomattox County, Virginia (2022)
Political Trends & Data
In Appomattox County, Virginia, the 2020 U.S. Presidential Election saw Republicans garner around 72.3% of the vote, with Democrats lagging significantly at approximately 26.1%. The minimal presence of third parties, like the Libertarians at roughly 1.3%, hints at a strong Republican influence in the local political landscape. This political climate could potentially shape community attitudes and policy-making, impacting everything from zoning laws to school funding and public... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Appomattox County, Virginia, the 2020 U.S. Presidential Election showed a strong preference for Republican candidates, with approximately 72.3% of the vote. Democrats received around 26.1%, indicating a significant disparity. The Libertarian vote was minimal, accounting for roughly 1.3%, while other parties made up negligible portions of the total vote. This pattern might suggest a dominant Republican influence in local political culture.
72.31% of voters voted for the Republican party in the 2020 Presidential Election
26.09% of voters voted for the Democrat party in the 2020 Presidential Election
1.28% of voters voted for the Livertarian party in the 2020 Presidential Election
0.31% of voters voted for the Other party in the 2020 Presidential Election
School Data
Appomattox County, Virginia has seen its student-to-teacher ratio decline over the past decade, moving from roughly sixteen students per teacher in 2014 to about fourteen recently, even hitting thirteen in 2022. This suggests potentially better educational resources and more teacher availability. For families moving in, these trends might make the area more attractive, hinting at a rise in housing demand. For real estate stakeholders, this data could be instrumental in evaluating property... Read more
Student-to-teacher ratio in Appomattox County, Virginia over the last 10 years
Over the past decade, the student-to-teacher ratio in Appomattox County, Virginia has generally declined, moving from approximately sixteen students per teacher in 2014 to around fourteen students per teacher in recent years, and dropping as low as thirteen students per teacher in 2022. Compared to the national average of fourteen students per teacher, Appomattox County has seen ratios that are slightly above average for most of this period but are now trending lower. These shifts could potentially indicate improvements in educational resources and teacher availability, which might be appealing for families considering relocating. For real estate agents and investors, these trends suggest a potentially increasing demand for housing in areas with more personalized educational environments. Appraisers and insurance agents might also consider this data when assessing property values and risks, respectively.
