Grayson County Real Estate and Livability Trends

Grayson County, Virginia's tax and real estate trends show a rising economic profile with average taxable income per tax return reaching $47,254.40 in 2021. Property values have climbed from $91,500 in 2015 to $129,100 in 2022, though still trailing state and national medians. Residential energy tax credits peaking at $1,260.00 in 2021 hint at growing interest in energy-efficient home upgrades.... Read more

Economic Outlook

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Grayson County, Virginia has seen a steady rise in average taxable income per tax return, peaking at $47,254.40 in 2021 from $36,328.76 in 2013, suggesting a stabilizing local economy. The average state and local income taxes increased significantly, reaching $6,669.23 in 2021, possibly reflecting higher incomes or growing local revenues, which could affect property values and investment opportunities. Fluctuations in total tax liability, with notable spikes in 2015 and 2021, might indicate... Read more

Average Taxable Income per Tax Return in Grayson County, VA over the last 9 years

Grayson County, Virginia has seen a general upward trend in average taxable income per tax return over the past nine years, peaking in 2021 at $47,254.40. This gradual increase, especially noticeable from 2013’s $36,328.76, could indicate a stabilizing local economy, potentially making the area more attractive for property investments and new residents. However, the slight dip in 2020 to $42,292.42 suggests the impacts of broader economic disruptions, yet the swift recovery in 2021 may point to resilient economic conditions. For local real estate agents, appraisers, and insurance agents, these trends could signal a strengthening market, albeit with some volatility that merits cautious optimism.

Cost of Living in Grayson County

Family Size Housing Food Heath Care Child Care Taxes
2 adults
4 children
$1,116 $1,367 $1,512 $997 $1,035
1 adult
4 children
$1,116 $1,117 $1,154 $997 $1,156
2 adults
3 children
$1,116 $1,117 $1,313 $997 $855
1 adult
3 children
$1,116 $912 $955 $997 $897
2 adults
2 children
$793 $914 $1,114 $871 $705
1 adult
2 children
$793 $683 $756 $871 $653
2 adults
1 child
$793 $723 $915 $461 $683
1 adult
1 child
$793 $467 $557 $461 $602
2 adults
$636 $581 $716 $0 $595
1 adult
$588 $317 $358 $0 $528

Safety trends & Data

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Grayson County, Virginia, has seen notable shifts in property crime over the last five years, with larceny-theft consistently leading, peaking at 21.00 arrests in 2018 and then stabilizing around 15.00. Motor vehicle thefts dropped from 14.00 in 2018 to 7.00 in 2019 and have remained steady since. Burglary incidents significantly reduced from 15.00 arrests in 2018 to just 1.00 in 2020, with slight increases after. Vandalism cases have fluctuated between 3.00 and 12.00 arrests annually. Arson... Read more

Property Crime Trends in Grayson County, VA Over the Last 5 Years

Grayson County, Virginia, has seen notable shifts in property crime over the last five years, with larceny-theft consistently leading the charge, peaking at 21.00 arrests in 2018 and stabilizing around 15.00 arrests in subsequent years. Motor vehicle thefts also showed fluctuations, dropping from 14.00 in 2018 to as low as 7.00 arrests in 2019 and then remaining fairly steady. Burglary incidents initially higher, saw a significant reduction from 15.00 in 2018 to just 1.00 arrest in 2020, with slight increases thereafter. Vandalism cases demonstrate more fluctuation but tended to hover at lower levels around 3.00 to 12.00 arrests annually. Other crimes, like arson (introduced in 2021) and embezzlement (2019), maintained minimal occurrence. These trends suggest an overall reduction in property crimes, highlighting a critical context for stakeholders evaluating risk, property value, and community safety in Grayson County.

Demographics

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Grayson County, Virginia, presents a predominantly White community, with nearly 92% of its adult population identifying as White and notable underrepresentation of other racial groups. The age distribution leans towards an older demographic, particularly in the 55–64 and 65–74-year ranges, which accounts for a sizeable portion of the population, potentially indicating the county as a popular area for retirees. Gender distribution is relatively balanced with a slight male majority.... Read more

Race Distribution in Grayson County, Virginia (2022)

Educational Attainment in Grayson County, Virginia (2022)

Age Distribution in Grayson County, Virginia

Citizen Population in Grayson County, Virginia (2022)

Political Trends & Data

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In Grayson County, Virginia, the 2020 U.S. Presidential Election saw a predominant Republican leaning with around 80.3% of the vote, while Democrats captured about 18.9%. Libertarians and other minor parties hardly made an impact, together comprising just under 1% of the total vote. This might suggest a strong conservative presence and potentially limited political diversity, which could influence community engagement and local policy... Read more

Percentage of Votes in the 2020 U.S. Presidential Election by Party

In Grayson County, Virginia, the 2020 U.S. Presidential Election results suggest a strong leaning towards the Republican Party, with nearly 80.3% of the votes. Democrats garnered about 18.9% of the vote, indicating weaker support in comparison. Libertarians and other minor parties received minimal traction, with Libertarian votes at roughly 0.7% and other parties combined barely making up 0.1%. This could imply a significant conservative presence and potentially limited political diversity in the county.

80.30% of voters voted for the Republican party in the 2020 Presidential Election

18.88% of voters voted for the Democrat party in the 2020 Presidential Election

0.69% of voters voted for the Livertarian party in the 2020 Presidential Election

0.14% of voters voted for the Other party in the 2020 Presidential Election

School Data

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Grayson County, Virginia has seen its student-to-teacher ratio fluctuate over the past decade, peaking at nearly 15 students per teacher in 2016 and recently decreasing to about 11 in 2023, below the national average of 14. Lower ratios can imply smaller class sizes, making the county an attractive option for families and possibly hinting at a strengthening educational environment. This trend could serve as a persuasive selling point for real estate agents and developers, while also suggesting... Read more

Student-to-teacher ratio in Grayson County, Virginia over the last 10 years

Grayson County, Virginia has shown a fluctuating student-to-teacher ratio over the past decade. Starting at approximately 12 students per teacher in 2014, it peaked at nearly 15 in 2016. Most recently, the ratio has decreased to about 11 students per teacher in 2023, which is below the national average of 14. Lower ratios imply smaller class sizes, which could be attractive to parents considering a move to Grayson County and might signal a strengthening education environment. For real estate agents and developers, these figures can be a selling point highlighting the county's commitment to quality education. Conversely, appraisers and insurance agents could see these ratios as indicative of stable or potentially increasing property values.