Pulaski County Real Estate and Livability Trends
Pulaski County, Virginia has seen a healthy rise in average taxable income, jumping from $45,504.44 in 2013 to $60,716.99 by 2021, while state and local income taxes nearly doubled to $9,889.80. This suggests a stronger economic base likely influencing property values. Median home values have also appreciated, reaching $181,700 in 2022, which is slightly above the national median but... Read more
Pulaski County Market Trends
Pulaski County, Virginia, has shown a solid appreciation in median home values, reaching $181,700 in 2022, slightly above the national median of $179,400 but significantly lower than the state's $339,800. An upward trend in residential energy tax credits indicates a growing focus on energy-efficient upgrades, with credits surging from $327.59 in 2013 to approximately $1,236.36 by 2020. Real... Read more
Median Value of Occupied Housing Units in Pulaski County, Virginia Over the Last 8 Years
Pulaski County, Virginia, has shown a significant upward trend in median home values over the past eight years, reaching $181,700 in 2022. Compared to the national median of $179,400, Pulaski County is slightly higher, albeit the state's median value is substantially higher at $339,800. This relatively moderate increase makes Pulaski County a potentially attractive option for investors and homebuyers seeking affordability while still observing a solid appreciation rate in the housing market.
Residential Energy Tax Credit Per Tax Return in Pulaski County, VA Over the Last 8 Years
Pulaski County, Virginia has seen a noticeable upwards trend in the average residential energy tax credit per tax return over the last eight years. In 2013, homeowners were receiving around $327.59, which saw fluctuations but eventually surged to approximately $1,236.36 by 2020. This increase suggests a growing emphasis on energy-efficient home improvements, making the county a potentially attractive option for those interested in sustainability and cost savings on energy. This dynamic could be of interest to real estate agents, builders, and anyone considering investing in the area, as it highlights a community possibly more inclined to energy-efficient living.
Average Real Estate Taxes Per Tax Return in Pulaski County, VA Over the Last 10 Years
Over the past decade in Pulaski County, Virginia, real estate taxes per tax return have generally been on an upward trend. Starting at approximately $1,500.34 in 2012 and rising to about $2,932.65 by 2021, the notable spike around 2018 to $2,873.91 and the subsequent fluctuation reflects either rising property values or tax rate adjustments. For potential investors, real estate agents, and those looking to build or move, this trend suggests increasing financial commitment and underscores the importance of understanding local economic factors and tax policies.
Percentage of Farm Returns in Pulaski County, VA Over the Last 10 Years
The percentage of farm tax returns in Pulaski County, Virginia varies slightly year-to-year, hovering around 2%. Farm tax returns indicate the number of tax filings from agricultural businesses, providing insight into the local agricultural economy. Investors, potential residents, and those interested in developing property can glean that the agricultural sector maintains consistent representation in the county’s overall economy. This stability might hint at steady agricultural activity, which can influence land value, local employment opportunities, and economic health indicators.
Number of Mortgages by Occupancy Type in Pulaski County, VA Over the Last 5 Years in Pulaski County
Pulaski County, Virginia, shows interesting trends in mortgage distribution by occupancy type over the last five years. Principal residences dominate with consistent, albeit fluctuating, numbers, peaking at 1,847 in 2021. Investment properties and second residences remain significantly lower, but the investment property mortgage counts indicate a relatively stable interest around the 60-80 mark annually. Changes in occupancy types matter as principal residences' numbers can signal overall market stability and community growth, while trends in investment properties might attract investors looking for long-term gains. Real estate agents, appraisers, and builders should pay attention to these variations to tailor their strategies, while insurance agents might adjust coverage options based on property types being insured. Those considering moving or investing can gauge potential market dynamics and opportunities for growth or stability.
Economic Outlook
Pulaski County, Virginia has experienced a notable rise in average taxable income per tax return, jumping from approximately $45,504.44 in 2013 to around $60,716.99 by 2021. Simultaneously, average state and local income taxes have almost doubled, reaching nearly $9,889.80 in 2021, signaling possible rising incomes or shifts in tax policies. This trend also reflects in the growing average total tax liability, which has increased from $6,032.06 in 2012 to $8,005.64 in 2021. All these factors... Read more
Average Taxable Income per Tax Return in Pulaski County, VA over the last 9 years
The average taxable income per tax return in Pulaski County, Virginia has shown a steady increase over the past nine years. Starting at approximately $45,504.44 in 2013, it has risen notably to around $60,716.99 by 2021. This upward trend, particularly the significant jump between 2019 and 2021, might indicate improving economic conditions and could be a positive sign for potential investors and property developers. Such growth is likely to be of interest to local real estate agents and insurance agents evaluating market potential and property values within the county.
Average State and Local Income Taxes Per Tax Return in Pulaski County, VA Over the Last 10 Years
Pulaski County, Virginia has witnessed a significant increase in average state and local income taxes per tax return over the past decade. From around $4,496.89 in 2012, the figure has climbed to nearly $9,889.80 in 2021. Notably, there was a sharp rise between 2017 and 2018, and continued substantial growth through 2021. This trend suggests an evolving economic landscape, potentially indicative of rising incomes or changing tax policies, making it an essential consideration for investors, real estate agents, and anyone interested in the local financial climate.
Average Total Tax Liability Per Tax Return in Pulaski County, VA Over the Last 10 Years
Over the last decade, Pulaski County, Virginia has seen a consistent increase in the average total tax liability per tax return. Notably, this figure has risen from $6,032.06 in 2012 to $8,005.64 in 2021. This upward trend suggests a growing economic base, which could be attractive to investors, potential residents, and property developers. Real estate agents and appraisers might see this as a sign of increasing property values in the area, while insurance agents could factor this into their risk assessments and policy offerings.
Cost of Living in Pulaski County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,103 | $1,343 | $1,702 | $1,326 | $1,155 |
| 1 adult 4 children | $1,103 | $1,097 | $1,300 | $1,326 | $1,278 |
| 2 adults 3 children | $1,103 | $1,097 | $1,478 | $1,326 | $944 |
| 1 adult 3 children | $1,103 | $896 | $1,076 | $1,326 | $1,047 |
| 2 adults 2 children | $793 | $898 | $1,254 | $1,153 | $804 |
| 1 adult 2 children | $793 | $671 | $851 | $1,153 | $743 |
| 2 adults 1 child | $793 | $710 | $1,029 | $589 | $717 |
| 1 adult 1 child | $793 | $459 | $627 | $589 | $628 |
| 2 adults | $702 | $570 | $805 | $0 | $616 |
| 1 adult | $665 | $311 | $402 | $0 | $547 |
Safety trends & Data
Pulaski County, Virginia, has seen significant fluctuations in property crime rates over the last five years. Larceny-theft dropped sharply from 194.0 instances in 2018 to 80.0 in 2022, while embezzlement surged to 87.0 cases in 2018 before declining. These trends suggest an improving security environment, which could bolster property values and attract increased interest in development. Adjustments in insurance policies may also be necessary to reflect these declining crime... Read more
Property Crime Trends in Pulaski County, VA Over the Last 5 Years
Pulaski County, Virginia, has experienced notable fluctuations in property crimes over the past five years. Larceny-Theft showed a significant decline, from 194.0 instances in 2018 to 80.0 in 2022. Similarly, offenses like Embezzlement surged in 2018 with 87.0 cases but dropped sharply thereafter. The year 2022 saw relatively stable figures across several categories compared to initial years. For investors and real estate agents, these trends could imply an improving local security environment, potentially enhancing property values. Insurance agents might need to reassess policies keeping these declining crime rates in mind, while appraisers and builders could see increased interest in development due to these shifts.
Demographics
Pulaski County, nestled in Virginia, showcases a fairly balanced gender distribution among its adult population, with males holding a slight edge. Educational attainment reveals a population heavily grounded in high school education, with a significant chunk opting for some college but no degree, while a smaller yet noticeable segment boasts higher academic achievements. Age-wise, the county appears to have a mature demographic, with substantial representation in older age brackets,... Read more
Race Distribution in Pulaski County, Virginia (2022)
Educational Attainment in Pulaski County, Virginia (2022)
Age Distribution in Pulaski County, Virginia
Citizen Population in Pulaski County, Virginia (2022)
Political Trends & Data
Pulaski County, Virginia, seemingly leans heavily Republican, with approximately 70% of votes from the 2020 Presidential Election potentially favoring the GOP. Democrats might have captured just over 28%, indicating limited yet notable competition. Third-party candidates, including Libertarians, appear to have had little influence, with a combined total of less than 2% of the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Pulaski County, Virginia, likely leans heavily Republican, with nearly 70% of the vote potentially going to the GOP in the 2020 Presidential Election. Democrats appear to have garnered just over 28%, suggesting limited but notable competition. Third parties, including the Libertarians, seem to have minimal impact, capturing a combined total of less than 2% of the vote.
69.75% of voters voted for the Republican party in the 2020 Presidential Election
28.33% of voters voted for the Democrat party in the 2020 Presidential Election
1.58% of voters voted for the Livertarian party in the 2020 Presidential Election
0.34% of voters voted for the Other party in the 2020 Presidential Election
School Data
Pulaski County, Virginia has maintained a student-to-teacher ratio close to the national average of 14:1 over the past decade, peaking at 14.66 in 2017 and gradually decreasing to 12.79 by 2023. This trend could suggest better resource allocation and possibly more individualized education, making the area attractive to families and investors. A lower student-to-teacher ratio might also positively influence property values due to the perceived enhancement in education... Read more
Student-to-teacher ratio in Pulaski County, Virginia over the last 10 years
Over the past decade, Pulaski County, Virginia has generally maintained a student-to-teacher ratio close to the national average of 14 students per teacher. Notably, the ratio peaked in 2017 at 14.66 before gradually decreasing to 12.79 in 2023. This trend might indicate improving resource allocation and potentially smaller class sizes, which could attract families seeking more individualized education for their children. Investors, real estate agents, and those interested in community developments might find this appealing as it points to a commitment to quality education in the area. Furthermore, a decreasing student-to-teacher ratio could potentially impact property values positively due to the perceived improvement in education quality.
