Greensville County Real Estate and Livability Trends
Greensville County, Virginia's real estate market has seen a significant uptick in median home values, reaching $146,600 in 2022. This affordability makes it an attractive market compared to the state median of $339,800. With rising property values and increasing real estate taxes peaking at $1,682.35 in 2020, the area presents opportunities for growth and investment. The demand for... Read more
Greensville County Market Trends
Greensville County, Virginia has seen significant increases in median home values, jumping to $146,600 in 2022, making it an appealing market compared to Virginia's median of $339,800. Residential energy tax credits per tax return have varied widely, peaking at $1,837.50 in 2021, signaling possible incentives for eco-friendly investments. Real estate taxes have steadily climbed, peaking at... Read more
Median Value of Occupied Housing Units in Greensville County, Virginia Over the Last 8 Years
Greensville County, Virginia has experienced substantial increases in median home values over the last eight years, particularly from 2018 onward, with a notable spike to $146,600 in 2022. This growth trajectory is distinct, given that both the state of Virginia and national median home values have also risen but started from and maintained higher baselines. While the national median was $179,400 in 2022, Virginia's median soared to $339,800, suggesting a more accessible investment entry point for those targeting Greensville County as opposed to broader state markets. This trend may also signal emerging opportunities for developers and homebuyers seeking long-term appreciation in value.
Residential Energy Tax Credit Per Tax Return in Greensville County, VA Over the Last 9 Years
Greensville County, Virginia, has seen significant fluctuations in residential energy tax credits per tax return over the past nine years. After a steady progression in the middle years, 2018 marked an unprecedented spike to $1,260.00, followed by a slight dip in 2019, and then a substantial climb reaching $1,837.50 in 2021. This variability could indicate changing incentives or investment in energy-efficient home upgrades, making the county an intriguing option for those considering eco-friendly housing investments. For real estate agents, appraisers, and potential investors, these patterns suggest a growing emphasis on energy efficiency, potentially increasing property values and market appeal.
Average Real Estate Taxes Per Tax Return in Greensville County, VA Over the Last 10 Years
Over the past decade, Greensville County, Virginia, has experienced a steady increase in average real estate taxes per tax return, starting at $1,168.57 in 2012 and peaking at $1,682.35 in 2020 before a minor dip to $1,658.82 in 2021. This gradual rise in real estate taxes could suggest a growing property value trend, which might be of interest to potential investors and homeowners seeking to capitalize on property appreciation. Additionally, appraisers and insurance agents may want to consider these tax trends when evaluating properties or calculating risk assessments. For real estate developers and agents, understanding this upward tax trajectory could be crucial for future planning and advising clients in Greensville County.
Percentage of Farm Returns in Greensville County, VA Over the Last 10 Years
Greensville County, Virginia has seen a fluctuating trend in farm tax returns over the last decade. Starting at 2.67% in 2012, the percentage experienced slight increases and decreases, peaking at 2.72% in 2013 before generally declining to 1.45% in 2020. There was a modest rise to 1.69% in 2021. Farm tax returns can indicate the volume and success of agricultural activity in the county, which might have implications for potential investors or those looking to move into the area. This data could suggest agricultural viability fluctuates, possibly affecting property values and economic stability.
Number of Mortgages by Occupancy Type in Greensville County, VA Over the Last 5 Years in Greensville County
Greensville County, Virginia has experienced a notable increase in mortgage numbers for principal residences, rising from 235 in 2018 to 348 by 2021, while investment properties and second residences have shown more variability without a clear upward trend. These shifts in occupancy type can influence market dynamics significantly; more principal residence mortgages suggest a stronger demand for long-term, owner-occupied housing, potentially driving up home values and impacting future development priorities. For investors, appraisers, and insurance agents, understanding this trend is crucial as it may affect risk assessments and investment decisions. Additionally, real estate agents and developers would find this information valuable when targeting their marketing strategies and planning new projects.
Economic Outlook
Greensville County, Virginia has shown a gradual increase in average taxable income per tax return over the past nine years, climbing from $37,408.47 in 2013 to $46,613.39 in 2021, suggesting improved economic conditions and earning power. Average state and local income taxes per tax return have generally trended upward as well from $3,131.25 in 2012 to $3,792.00 in 2021, although with some fluctuations. Notably, the total tax liability per tax return has seen significant peaks, particularly in... Read more
Average Taxable Income per Tax Return in Greensville County, VA over the last 9 years
Over the last nine years, Greensville County, Virginia has seen a gradual increase in the average taxable income per tax return, growing from $37,408.47 in 2013 to $46,613.39 in 2021. This upward trend likely signals sustained economic growth and potentially improved earning power for residents. Such data could be crucial for real estate agents, investors, and insurance agents considering the economic backdrop for their decisions. This steady rise in average taxable income might appeal to those looking to move to the area or invest in local properties, suggesting a stable or improving economic situation.
Average State and Local Income Taxes Per Tax Return in Greensville County, VA Over the Last 10 Years
Average state and local income taxes per tax return in Greensville County, Virginia suggests a generally increasing trend over the last decade, with an initial rise from $3,131.25 in 2012 to $3,727.63 in 2016, followed by some fluctuation in the subsequent years. 2021 marks a slight increase, hitting $3,792.00. Despite occasional dips, overall taxes remain higher, which could have implications for those assessing long-term financial commitments, considering relocation, or looking to invest in the area. These tax trends may affect budgeting, economic forecasts, and property values, making it an essential factor for appraisers, real estate agents, and prospective residents.
Average Total Tax Liability Per Tax Return in Greensville County, VA Over the Last 10 Years
In Greensville County, Virginia, the average total tax liability per tax return has had some noticeable fluctuations over the past decade. Specifically, there has been a general upward trend, with notable increases in 2015 and 2021 where the values peaked at approximately $5,277.00 and $5,624.00, respectively. This trend might suggest a growing economy or rising incomes in the area, appealing to potential investors and property developers. The volatility, however, could be a point of interest for insurance agents and appraisers in assessing risk and value. For real estate agents, this data provides insight into the financial climate that current and potential residents may face.
Cost of Living in Greensville County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,187 | $1,335 | $1,681 | $1,259 | $1,189 |
| 1 adult 4 children | $1,187 | $1,090 | $1,284 | $1,259 | $1,323 |
| 2 adults 3 children | $1,187 | $1,091 | $1,459 | $1,259 | $977 |
| 1 adult 3 children | $1,187 | $890 | $1,062 | $1,259 | $1,062 |
| 2 adults 2 children | $887 | $893 | $1,237 | $1,102 | $819 |
| 1 adult 2 children | $887 | $667 | $840 | $1,102 | $791 |
| 2 adults 1 child | $887 | $706 | $1,015 | $589 | $765 |
| 1 adult 1 child | $887 | $456 | $618 | $589 | $677 |
| 2 adults | $674 | $567 | $793 | $0 | $618 |
| 1 adult | $658 | $309 | $396 | $0 | $559 |
Safety trends & Data
Property crime rates in Greensville County, Virginia have shown notable fluctuations over the past five years. Fraud incidents peaked at 13 in 2021 and stayed relatively high, while Larceny-Theft initially saw high numbers in 2018 but has since trended downwards. Vandalism incidents appear less predictable, with peaks in 2019 and 2021. Crimes like Forgery and Counterfeiting, along with Stolen Property offenses, maintain consistency, potentially signaling ongoing areas of concern for local law... Read more
Property Crime Trends in Greensville County, VA Over the Last 5 Years
Greensville County, Virginia has seen fluctuating property crime rates over the past five years, with significant variations in different crime categories. Fraud incidents appear to have a notable presence, peaking at 13 in 2021 and remaining relatively high. Larceny-Theft, while initially high in 2018 with 13 incidents, has experienced a downward trend. Vandalism seems less predictable but saw a peak of 7 incidents both in 2019 and 2021. Meanwhile, crimes such as Forgery and Counterfeiting, as well as Stolen Property offenses, remain somewhat consistent, signaling areas of potential concern for local law enforcement and community safety stakeholders.
Demographics
Greensville County, Virginia showcases a mix of demographic trends. The adult population skewed toward males, with nearly double the number of females. Educational attainment varied widely, but a significant proportion had only finished high school, and relatively fewer advanced to higher degrees. Age distribution highlighted a notable concentration in the 25 to 34 and 45 to 54 age brackets, suggesting a stable workforce age group. The racial composition predominantly included Black or African... Read more
Race Distribution in Greensville County, Virginia (2022)
Educational Attainment in Greensville County, Virginia (2022)
Age Distribution in Greensville County, Virginia
Citizen Population in Greensville County, Virginia (2022)
Political Trends & Data
In Greensville County, Virginia, the 2020 U.S. Presidential Election revealed a notable democratic preference, with about 57.4% voting democrat versus 41.8% republican. Libertarian and other third-party candidates saw minimal support, suggesting a clear two-party focus. This voting pattern might highlight broader state or regional political trends and potentially shifting demographics influencing voter priorities in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Greensville County, Virginia, the 2020 U.S. Presidential Election results suggest a relatively strong preference for democratic candidates, with around 57.4% of the vote, compared to roughly 41.8% for republican candidates. Support for third parties was minimal, with libertarians earning just about half a percent and negligible votes for other parties. This trend may reflect broader state or regional political dynamics and could be indicative of shifting voter priorities or demographic influences within the county.
41.85% of voters voted for the Republican party in the 2020 Presidential Election
57.43% of voters voted for the Democrat party in the 2020 Presidential Election
0.50% of voters voted for the Livertarian party in the 2020 Presidential Election
0.22% of voters voted for the Other party in the 2020 Presidential Election
School Data
Greensville County, Virginia has seen its student-to-teacher ratio decrease from over eighteen in 2014 to about twelve in 2023. This trend suggests more personalized attention for students, potentially enhancing educational outcomes. With the current ratio below the national average of fourteen, the county could be more appealing to families who prioritize education, influencing real estate values and community... Read more
Student-to-teacher ratio in Greensville County, Virginia over the last 10 years
Over the past decade, Greensville County, Virginia has seen a notable decrease in the student-to-teacher ratio, starting at over eighteen students per teacher in 2014 and dropping to around twelve in 2023. This downward trend implies smaller class sizes, which can lead to more personalized attention for students and potentially better educational outcomes. With the current student-to-teacher ratio in Greensville County lower than the national average of fourteen, the county might hold a competitive edge in appealing to families prioritizing education. Real estate agents, appraisers, investors, or anyone interested in the local education market should consider this trend when evaluating property values and community attractiveness.
