Jackson County Market Trends
Jackson County, West Virginia's median home values have risen from $111,600 in 2015 to $148,200 in 2022, surpassing the state's growth rate, but still falling below the national median of $179,400. Average residential energy tax credits per tax return have surged from $285.00 in 2013 to $1416.67 by 2021, signaling increased homeowner investment in energy-efficient upgrades. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Jackson County, West Virginia Over the Last 8 Years
Jackson County, West Virginia, has seen its median home values steadily increase from $111,600 in 2015 to $148,200 in 2022, outpacing the state’s growth from $103,800 to $145,800 over the same period. This local growth could appeal to investors and homebuyers seeking properties in areas experiencing stronger appreciation. Compared to the national median, which jumped from $125,500 to $179,400, Jackson County remains more affordable, making it an attractive option for those looking to capitalize on a lower cost of entry while still benefiting from long-term value appreciation trends.
Residential Energy Tax Credit Per Tax Return in Jackson County, WV Over the Last 8 Years
Over the past eight years, Jackson County, West Virginia has seen substantial growth in the average residential energy tax credit per tax return, starting at $285.00 in 2013 and peaking at $1416.67 by 2021. This trend suggests a growing investment in energy-efficient improvements among homeowners, likely driven by rising energy costs and increased awareness of sustainability. For investors, real estate agents, and those considering moving to the area, this could indicate higher property values and a strong community commitment to energy efficiency. Appraisers and insurance agents might infer higher replacement values and lower environmental risks due to these energy-efficient updates.
Average Real Estate Taxes Per Tax Return in Jackson County, WV Over the Last 10 Years
Over the past decade, Jackson County, West Virginia has seen fluctuating yet generally increasing average real estate taxes per tax return, notably spiking from $1,610.78 in 2017 to a high of $2,386.96 in 2020. These changes could impact property investments, insurance premiums, and overall living costs, making them crucial for potential homeowners, investors, and local appraisers to consider.
Percentage of Farm Returns in Jackson County, WV Over the Last 10 Years
Over the last decade in Jackson County, West Virginia, the percentage of farm tax returns has generally hovered around the 4.6% to 5.2% range. This metric represents the proportion of tax filings marked as farm returns, indicating both the agricultural presence and economic activity related to farming in the area. For those considering investing, relocating, or developing property in Jackson County, it's useful to note this relatively stable trend in farm tax returns, which could reflect a consistent, albeit modest, agricultural sector that potentially contributes to local economic sustainability and land use patterns.
Number of Mortgages by Occupancy Type in Jackson County, WV Over the Last 5 Years in Jackson County
In the past five years, Jackson County, West Virginia has seen a notable fluctuation in mortgages for principal residences, peaking at 1,128 in 2021 before declining to 879 in 2022. Investment property mortgages have consistently remained low, with the highest count at 35 in 2021. Second residence mortgages have consistently hovered in the lower teens. Changes in occupancy type are crucial for stakeholders; for instance, a rise in principal residence mortgages can indicate a growing population and demand for services, impacting local businesses and infrastructure. Conversely, low investment property activity might suggest limited real estate speculation, which can arguably stabilize market prices. Real estate agents, appraisers, and potential investors would need to adjust their strategies considering this market behavior, while insurance agents should be aware of occupancy type distributions to better assess risk profiles.
Economic Outlook
In Jackson County, West Virginia, the average taxable income per tax return has been on a steady climb from $46,506 in 2013 to $57,646 in 2021, hinting at economic improvement that might appeal to both real estate investors and newcomers. Meanwhile, average state and local income taxes have seen dramatic spikes, notably jumping to $12,162.50 in 2018, which could influence financial planning and property market dynamics. Additionally, total tax liabilities have gradually increased, with... Read more
Average Taxable Income per Tax Return in Jackson County, WV over the last 9 years
In Jackson County, West Virginia, the average taxable income per tax return has generally trended upward over the past nine years, with a noticeable increase from $46,506 in 2013 to $57,646 in 2021. This steady rise suggests a potentially improving local economy and might be attractive for both real estate investments and new residents seeking economic stability. Real estate agents and property developers could find the county’s evolving income profile promising for future property values, while insurance agents might consider adjusting their strategies in response to the changing financial landscape of the area.
Average State and Local Income Taxes Per Tax Return in Jackson County, WV Over the Last 10 Years
Over the past ten years in Jackson County, West Virginia, average state and local income taxes per tax return have seen significant fluctuations, especially a sharp increase beginning in 2018, where it jumped to $12,162.50 from a relatively stable period averaging around $7,000. This trend is important for potential investors and residents to note as it indicates a rising tax burden that could impact financial planning, property values, and overall living expenses. For real estate agents and appraisers, this data is crucial in understanding market shifts and advising clients accordingly.
Average Total Tax Liability Per Tax Return in Jackson County, WV Over the Last 10 Years
Jackson County, West Virginia has shown a notable increase in the average total tax liability per tax return over the past decade. Starting at $6,741.50 in 2012, there was a significant surge to $7,642.29 by 2014. While there were minor fluctuations, the figures remained relatively consistent around the $7,300 mark for several subsequent years. However, 2021 saw a sharp rise to $8,120.81. This trend might indicate growing incomes or changing economic conditions, making the county potentially attractive for investors and real estate professionals. Those considering moving to or investing in Jackson County should be aware of these fiscal dynamics as they might reflect on the overall economic health and opportunities in the area.
Cost of Living in Jackson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,112 | $1,279 | $3,238 | $1,338 | $1,821 |
| 1 adult 4 children | $1,112 | $1,044 | $2,487 | $1,338 | $1,806 |
| 2 adults 3 children | $1,112 | $1,045 | $2,805 | $1,338 | $1,503 |
| 1 adult 3 children | $1,112 | $853 | $2,053 | $1,338 | $1,460 |
| 2 adults 2 children | $784 | $855 | $2,371 | $1,162 | $1,146 |
| 1 adult 2 children | $784 | $639 | $1,619 | $1,162 | $1,041 |
| 2 adults 1 child | $784 | $676 | $1,937 | $593 | $997 |
| 1 adult 1 child | $784 | $437 | $1,186 | $593 | $767 |
| 2 adults | $691 | $543 | $1,504 | $0 | $813 |
| 1 adult | $578 | $296 | $752 | $0 | $587 |
Safety trends & Data
Property crime trends in Jackson County, West Virginia, showcase some notable shifts over the past five years. Burglary arrests, peaking at 10 incidents in 2019 and dropping to 3 by 2022, might signal improved security measures. Larceny-theft remains a persistent issue, with 21 arrests in 2019 and 20 in 2022. Vandalism incidents notably decreased from 10 in 2018 to 4 in 2022, while motor vehicle thefts and low-frequency crimes like embezzlement and fraud stayed relatively stable. These trends... Read more
Property Crime Trends in Jackson County, WV Over the Last 5 Years
Property crime trends in Jackson County, West Virginia, have shown some interesting shifts over the past five years. Burglary arrests peaked in 2019 with 10 incidents but declined to 3 by 2022, signaling either improved security measures or changes in criminal activity. Larceny-theft, consistently the highest category, saw variability, spiking at 21 arrests in 2019 and 20 in 2022, suggesting ongoing challenges in curbing theft. Vandalism and motor vehicle theft maintained relatively moderate and stable figures, with notable drops in vandalism from 10 in 2018 to 4 in 2022. Embezzlement, arson, and fraud remained low, indicating these are less frequent issues. These nuanced trends provide valuable insights for anyone involved in real estate, law enforcement, or community planning in the county.
Demographics
Jackson County, West Virginia, demonstrates a relatively balanced gender distribution among its adult population. Educational attainment reveals that a significant majority hold at least a high school diploma, with a notable portion having pursued higher education to varying degrees. The age distribution suggests a significant presence of middle-aged and older adults, potentially indicating an aging population. Racially, the county is predominantly White, with very few residents identifying as... Read more
Race Distribution in Jackson County, West Virginia (2022)
Educational Attainment in Jackson County, West Virginia (2022)
Age Distribution in Jackson County, West Virginia
Citizen Population in Jackson County, West Virginia (2022)
Political Trends & Data
Jackson County in West Virginia leans significantly Republican based on the 2020 U.S. Presidential Election, where Republicans potentially secured around 75% of the vote. Democrats likely only captured about 24%, with other parties, such as Libertarians and Greens, combined at less than 2%. This strong conservative preference could shape future political strategies and the priorities candidates focus on in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jackson County in West Virginia appears to lean heavily Republican based on the 2020 U.S. Presidential Election results. While Republicans potentially captured around 75% of the vote, Democrats possibly trailed with approximately 24%. Other parties, such as the Libertarians and Greens, seemed to receive minimal support, with less than 2% combined. This voting pattern might suggest a strong conservative preference in this county, which could influence future political strategies and candidate priorities in the region.
74.72% of voters voted for the Republican party in the 2020 Presidential Election
23.74% of voters voted for the Democrat party in the 2020 Presidential Election
1.27% of voters voted for the Livertarian party in the 2020 Presidential Election
0.27% of voters voted for the Green party in the 2020 Presidential Election
School Data
Jackson County, West Virginia has seen its student-to-teacher ratio fluctuating over the past decade, with a high of 14 students per teacher in 2018, right around the national average. Typically, the ratio has hovered between 11 to 13 students per teacher, potentially translating to more individualized student attention and better educational outcomes, which could be appealing for incoming families. Real estate agents and investors might find this an effective selling point, while property... Read more
Student-to-teacher ratio in Jackson County, West Virginia over the last 10 years
Jackson County, West Virginia, has experienced notable fluctuations in the student-to-teacher ratio over the past decade. The ratio peaked at 14 students per teacher in 2018, which is right around the current national average for the United States. In other years, the ratio generally stayed lower, ranging from about 11 to 13 students per teacher. This below-average student-to-teacher ratio often leads to more personalized attention for students, potentially improving educational outcomes, which could be attractive to families considering a move to the area. For real estate agents or investors, such educational factors might be a selling point, while appraisers and insurance agents could see direct effects on property valuations and risk assessments. School planners and builders might also consider these trends when planning future educational infrastructure.
