Chilton County Real Estate and Livability Trends
Chilton County, Alabama has seen a significant rise in median home values, jumping 36% from $100,100 in 2015 to $136,000 in 2022, outpacing both state and national growth rates. The average residential energy tax credit per tax return soared from $461.11 in 2013 to $1,277.78 in 2019, highlighting strong interest in energy-efficient home improvements. Property crimes such as larceny-theft and... Read more
Chilton County Market Trends
Chilton County, Alabama's median home values jumped 36% from $100,100 in 2015 to $136,000 in 2022, outpacing state and national growth rates, suggesting a notable opportunity for investors. The average Residential Energy Tax Credit per tax return soared from $461.11 in 2013 to $1,277.78 in 2019, highlighting a significant interest in energy-efficient home improvements, making the area a hotspot... Read more
Median Value of Occupied Housing Units in Chilton County, Alabama Over the Last 8 Years
Chilton County, Alabama's median home values surged from $100,100 in 2015 to $136,000 in 2022, showcasing a compelling opportunity for potential investors or homebuyers. This 36% increase outpaced both the state and the national growth rates over the same period, where values increased from $125,500 to $179,400 in Alabama and from $125,500 to $179,400 nationwide. The more rapid appreciation in Chilton County suggests it could be an attractive market for those looking to capitalize on rising property values.
Residential Energy Tax Credit Per Tax Return in Chilton County, AL Over the Last 9 Years
Average Residential Energy Tax Credit per tax return in Chilton County, Alabama has shown a significant upward trend over the past nine years, starting at $461.11 in 2013 and peaking at $1,277.78 in 2019, with minor fluctuations thereafter. The substantial increase around 2018 suggests a growing interest in energy-efficient home improvements or installations, making the county a hotspot for eco-friendly initiatives. For investors and property developers, this trend highlights a potential market for sustainable housing solutions and associated tax benefits. Residents and those considering moving to the area can also capitalize on these incentives to reduce long-term energy costs.
Average Real Estate Taxes Per Tax Return in Chilton County, AL Over the Last 10 Years
Chilton County, Alabama has seen a noticeable increase in average real estate taxes per tax return over the last decade. From around $849.02 in 2012, there has been a gradual uptick, with a sharper rise starting in 2018, peaking at approximately $1,575.86 in 2021. This trend may indicate rising property values or changes in local tax policies, making it worth considering for potential investors or residents evaluating the area's financial landscape.
Percentage of Farm Returns in Chilton County, AL Over the Last 10 Years
Chilton County, Alabama, has seen a slight but consistent dip in the percentage of farm tax returns over the past decade, dropping from 2.89% in 2012 to 2.59% in 2021. This trend suggests a slow decline in the number of farming operations reporting taxable income, indicating possible shifts in the local economy, land use, or agricultural viability. For potential investors, developers, or residents, this could be vital in assessing the region's economic health and long-term sustainability in agribusiness.
Number of Mortgages by Occupancy Type in Chilton County, AL Over the Last 5 Years in Chilton County
Over the past 5 years, Chilton County, Alabama has shown a notable increase in the number of mortgages for principal residences, peaking in 2021 with 2,689. Conversely, investment properties and second residences have seen relatively lower and more fluctuating numbers, with investment property mortgages decreasing from 86 in 2018 to 60 in 2020, then slightly climbing. Such shifts indicate heightened demand for primary living spaces, potentially driving up home values and influencing the local real estate market dynamics. For investors or developers, understanding these trends is crucial as they suggest a stronger focus on primary residential buyers, potentially making the market less lucrative for rental or speculative investment properties. Insurance agents and appraisers may need to recalibrate their assessments and offerings based on these evolving occupancy patterns.
Economic Outlook
Chilton County, Alabama has seen a steady rise in the average taxable income per tax return over the past nine years, jumping from $42,495.64 in 2013 to $57,406.97 in 2021. Alongside this, the average state and local income taxes per tax return have also surged, especially since 2017, reaching $7,994.55 by 2021. Additionally, the average total tax liability per tax return increased from $5,289.06 in 2012 to $7,905.03 in 2021. These trends suggest a strengthening local economy and increasing... Read more
Average Taxable Income per Tax Return in Chilton County, AL over the last 9 years
Over the past nine years, Chilton County, AL has seen a consistent rise in the average taxable income per tax return, indicating economic growth in the area. From $42,495.64 in 2013 to $57,406.97 in 2021, the upward trend suggests increasing financial prosperity, making it an attractive location for potential residents looking for a stable and improving economic environment.
Average State and Local Income Taxes Per Tax Return in Chilton County, AL Over the Last 10 Years
Over the last decade, average state and local income taxes per tax return in Chilton County, AL, have seen a significant increase. Starting from $3,327.22 in 2012, there has been a notable escalation, particularly after 2017, soaring to $7,994.55 by 2021. This sharp rise may impact both long-term residents and potential newcomers, reflecting changes in fiscal policies or economic conditions influencing the overall cost of living and financial planning within the county.
Average Total Tax Liability Per Tax Return in Chilton County, AL Over the Last 10 Years
Over the past decade, Chilton County, Alabama has experienced a steady rise in the average total tax liability per tax return, climbing from $5,289.06 in 2012 to $7,905.03 in 2021. This upward trend highlights an increase in both income levels and possibly economic activity, indicating a stronger local economy. For investors and potential residents, this signifies potential for growth and a stable, affluent environment for building property or starting businesses.
Cost of Living in Chilton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,036 | $1,408 | $2,039 | $1,201 | $1,251 |
| 1 adult 4 children | $1,036 | $1,149 | $1,521 | $1,201 | $1,279 |
| 2 adults 3 children | $1,036 | $1,150 | $1,788 | $1,201 | $1,036 |
| 1 adult 3 children | $1,036 | $939 | $1,270 | $1,201 | $1,022 |
| 2 adults 2 children | $755 | $941 | $1,538 | $1,045 | $878 |
| 1 adult 2 children | $755 | $703 | $1,019 | $1,045 | $769 |
| 2 adults 1 child | $755 | $744 | $1,287 | $537 | $802 |
| 1 adult 1 child | $755 | $481 | $769 | $537 | $644 |
| 2 adults | $634 | $598 | $1,037 | $0 | $684 |
| 1 adult | $617 | $326 | $518 | $0 | $563 |
Safety trends & Data
Chilton County, Alabama, has seen notable shifts in property crime over the past five years. Larceny-theft spiked in 2022 with 132 incidents, while burglary rates, after hitting a low of 7 cases in 2020, increased to 28 in 2022. Vandalism also peaked in 2022 with 21 incidents, and motor vehicle theft, which dropped to 1 case in 2020, rose again to 16 in 2022. These changes offer crucial insights for investors, real estate agents, insurance professionals, and potential new residents,... Read more
Property Crime Trends in Chilton County, AL Over the Last 5 Years
Over the past five years, Chilton County, Alabama, has experienced various shifts in property crime. Larceny-Theft saw a notable spike in 2022 with 132 incidents, a significant increase compared to the previous years. Burglary rates have fluctuated, hitting a low in 2020 with 7 cases but rising again in 2022 to 28 incidents. Similarly, Vandalism saw higher numbers in 2022 at 21 compared to earlier years. Motor Vehicle Theft, after a decrease in 2020 with only one case, rose again in 2022 to 16 instances. These fluctuations highlight an evolving crime landscape, potentially relevant for investors, real estate agents, insurance professionals, and those looking to move to the area.
Demographics
Chilton County, Alabama shows an almost balanced gender distribution, with slightly more females than males. This likely affects community dynamics and local policies. Educational attainment levels reveal a significant portion of the population only holds a high school diploma or less, possibly influencing local employment markets and economic strategies. Age distribution trends may show a steadily aging population, impacting healthcare and social services demand. Racial diversity seems... Read more
Race Distribution in Chilton County, Alabama (2022)
Educational Attainment in Chilton County, Alabama (2022)
Age Distribution in Chilton County, Alabama
Citizen Population in Chilton County, Alabama (2022)
Political Trends & Data
In Chilton County, Alabama, the 2020 U.S. Presidential Election saw overwhelming Republican support, potentially capturing over 83% of the vote. This suggests a dominant conservative lean in the area, with Democrats possibly securing just over 15%. Such a polarized political landscape indicates minimal influence from other parties, underscoring a community deeply rooted in traditional party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Chilton County in Alabama showed significant support for the Republican party in the 2020 U.S. Presidential Election, with Republicans possibly receiving over 83% of the vote. Democrats appeared to gain just over 15%, suggesting a strong conservative leaning. Other political parties had negligible representation, indicating a polarized voting pattern that heavily favors traditional party lines.
83.30% of voters voted for the Republican party in the 2020 Presidential Election
15.91% of voters voted for the Democrat party in the 2020 Presidential Election
0.79% of voters voted for the Other party in the 2020 Presidential Election
School Data
Chilton County, Alabama, has experienced fluctuating student-to-teacher ratios, peaking at 27:1 in 2018 and dropping to around 17:1 by 2023. For investors, the decreasing ratios could hint at improving educational quality, potentially boosting property desirability. Prospective residents might interpret these shifts as a sign of school district priorities. Real estate agents and property developers may see these figures affecting property values, while appraisers and insurance agents may... Read more
Student-to-teacher ratio in Chilton County, Alabama over the last 10 years
Over the past decade, Chilton County, Alabama, has seen fluctuating student-to-teacher ratios, peaking at 27 students per teacher in 2018 and subsequently declining to around 17 by 2023. This trend may affect various stakeholders: investors could view decreasing ratios as a sign of improving educational quality, while prospective residents might find the shifting figures indicative of district priorities and allocations. For real estate agents and property developers, these ratios could influence property desirability and values. Appraisers and insurance agents may also find these dynamics relevant, as school quality often impacts neighborhood assessments and policy pricing. Comparing with the national average of fourteen, Chilton County's figures remain higher, suggesting potential growth or requiring operational improvements in its educational infrastructure.
