Dale County Real Estate and Livability Trends
Dale County, Alabama's real estate market has experienced various interesting trends. Median home values increased from $112,900.00 in 2021 to $123,800.00 in 2022, still beneath the state's median of $179,400.00. Energy tax credits saw remarkable fluctuations, peaking at $1,050.00 in 2018, potentially indicating incentives for energy efficiency. Real estate taxes rose sharply from roughly $905.00... Read more
Dale County Market Trends
Dale County, Alabama’s real estate market has seen interesting movements with median home values rising from $112,900.00 in 2021 to $123,800.00 in 2022, although still below the state median of $179,400.00. Remarkable fluctuations in residential energy tax credits reached a peak at $1,050.00 in 2018, indicating potential incentives for energy efficiency investments. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Dale County, Alabama Over the Last 8 Years
In Dale County, Alabama, median home values have seen a steady increase over the past eight years, with a notable jump from $112,900.00 in 2021 to $123,800.00 in 2022. This localized growth, while substantial, still lags behind state and national trends, where median home values surged to $179,400.00 in 2022. Potential investors and homebuyers might find Dale County an attractive opportunity, given its more gradual price increases compared to the broader state and national markets, suggesting potentially lower entry costs and room for appreciation.
Residential Energy Tax Credit Per Tax Return in Dale County, AL Over the Last 9 Years
Over the past nine years, Dale County, Alabama, has seen significant fluctuations in the average residential energy tax credit per tax return. After modest increases from $347.62 in 2013 to $425.00 in 2015, the credit peaked dramatically at $1,050.00 in 2018. This spike, along with another high point of $720.00 in 2021, indicates a growing emphasis on energy efficiency investments. For prospective investors and residents, these trends suggest potential tax benefits and incentives for incorporating energy-efficient solutions into new developments or renovations.
Average Real Estate Taxes Per Tax Return in Dale County, AL Over the Last 10 Years
Real estate taxes per tax return in Dale County, Alabama have seen a notable increase over the past decade. Starting at approximately $905.00 in 2012, the average rose to $1,560.38 by 2021. The most significant jumps occurred between 2016 and 2018, aligning with broader property value trends. For prospective investors or those considering relocation, this pattern could suggest a strengthening real estate market, potentially impacting property valuations and return on investment.
Percentage of Farm Returns in Dale County, AL Over the Last 10 Years
Over the last decade in Dale County, Alabama, the percentage of farm tax returns has shown a slight decline from 2.61% in 2012 to 2.41% in 2021. Farm tax returns are a key indicator of agricultural activity and economic health in the region, as they reflect the number of farmers filing taxes on their agricultural income. This downward trend may suggest a shift in the local economy away from agriculture or a reduction in the number of active farms, which could impact land values, investment opportunities, and local business dynamics for those considering moving to or investing in the county.
Number of Mortgages by Occupancy Type in Dale County, AL Over the Last 5 Years in Dale County
Over the past five years in Dale County, Alabama, there has been a noticeable increase in mortgages for principal residences, peaking in 2021 before a slight dip in 2022. Investment property mortgages have also shown upward movement but maintain significantly lower counts. Second residence mortgages remain minimal throughout the period. These occupancy trends can guide investors and real estate agents in identifying market demands, help appraisers assess property values effectively, and assist insurance agents in understanding coverage risks. Changes in the type of occupancy can hint at economic stability and future development potential, making this data critical for anyone involved in real estate or looking to move to the area.
Economic Outlook
Over the past decade, Dale County, Alabama has experienced a steady rise in average taxable income per tax return, increasing from $42,465.71 in 2013 to $53,879.28 in 2021, indicating an improving local economy and potential workforce development. Meanwhile, state and local income taxes have surged from $3,364.29 in 2012 to $7,847.92 in 2021, likely reflecting higher income levels or tax policy changes. The average total tax liability per tax return also climbed from $5,646.47 in 2012 to... Read more
Average Taxable Income per Tax Return in Dale County, AL over the last 9 years
Over the past nine years, Dale County, AL has seen a steady increase in average taxable income per tax return, growing from $42,465.71 in 2013 to $53,879.28 in 2021. This upward trend highlights an improving local economy, which may appeal to prospective residents seeking economic opportunities. The consistent rise in income could also reflect workforce development and higher-paying job opportunities in the region, making it a potentially attractive location for individuals and families.
Average State and Local Income Taxes Per Tax Return in Dale County, AL Over the Last 10 Years
State and local income taxes per tax return in Dale County, AL have shown a significant upward trend over the last decade, starting at $3364.29 in 2012 and rising sharply to $7847.92 by 2021. This substantial increase, particularly pronounced after 2017, could indicate growing income levels or policy changes affecting tax rates. For potential residents and current inhabitants, this data suggests an evolving economic landscape, with implications for cost of living and financial planning.
Average Total Tax Liability Per Tax Return in Dale County, AL Over the Last 10 Years
Dale County, Alabama has seen a notable upward trend in the average total tax liability per tax return over the last decade. From $5,646.47 in 2012 to $7,010.23 in 2021, the steady increase in tax liabilities indicates rising incomes and possibly property values in the area. This growth trend may suggest a strengthening local economy, making it an intriguing option for investors and new residents looking for a promising location.
Cost of Living in Dale County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,052 | $1,416 | $1,917 | $874 | $1,101 |
| 1 adult 4 children | $1,052 | $1,156 | $1,430 | $874 | $1,117 |
| 2 adults 3 children | $1,052 | $1,156 | $1,682 | $874 | $911 |
| 1 adult 3 children | $1,052 | $944 | $1,194 | $874 | $864 |
| 2 adults 2 children | $740 | $947 | $1,446 | $761 | $772 |
| 1 adult 2 children | $740 | $707 | $959 | $761 | $641 |
| 2 adults 1 child | $740 | $748 | $1,210 | $395 | $737 |
| 1 adult 1 child | $740 | $483 | $723 | $395 | $586 |
| 2 adults | $636 | $601 | $975 | $0 | $663 |
| 1 adult | $633 | $328 | $487 | $0 | $553 |
Safety trends & Data
Property crime trends in Dale County, Alabama, show notable fluctuations that could be significant for investors and residents. Larceny-theft peaked at 152.00 incidents in 2019 but dropped sharply to 43.00 in 2020 before rising again to 109.00 in 2022. Burglary rates dipped from 43.00 in 2018 to just 4.00 in 2021, only to climb back to 23.00 in 2022. Meanwhile, vandalism incidents have consistently increased, reaching a high of 41.00 in 2022. These trends are crucial for appraisers and real... Read more
Property Crime Trends in Dale County, AL Over the Last 5 Years
Property crime trends in Dale County, Alabama, display notable fluctuations over the past five years, making it a key focus for potential investors and residents. Larceny-theft is the most prevalent crime, peaking at 152.0 incidents in 2019, though it sharply dropped to 43.0 in 2020 and rising again to 109.0 in 2022. Similarly, burglary rates also saw a significant dip from 43.0 incidents in 2018 to just 4.0 in 2021 before climbing back to 23.0 in 2022. Vandalism incidents, however, have been on a consistent upward trend, reaching a high of 41.0 in 2022. These variations might be critical for appraisors and real estate agents evaluating property values and for insurance agents assessing risk in this area.
Demographics
Dale County, Alabama shows a relatively balanced gender distribution with slightly more females than males. The educational landscape is varied, with high school graduates forming the largest group, but a significant portion of the population has attained some college education or higher degrees. The age distribution is diverse but tilts towards a younger demographic with notable portions in the 25 to 34 and 35 to 44 age ranges. Racially, the population is predominantly White, with African... Read more
Race Distribution in Dale County, Alabama (2022)
Educational Attainment in Dale County, Alabama (2022)
Age Distribution in Dale County, Alabama
Citizen Population in Dale County, Alabama (2022)
Political Trends & Data
Dale County, Alabama showed strong Republican support in the 2020 U.S. Presidential Election, with approximately 72% of votes. The Democratic party secured around 26%, suggesting entrenched political preferences or local influences at play. This political leaning may impact various local policies and market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Dale County, Alabama, a strong majority of the vote in the 2020 U.S. Presidential Election leaned towards the Republican party, capturing around 72% of the total votes. The Democratic party secured roughly 26%, with other parties barely making a dent. This significant leaning towards the Republican party might hint at deep-rooted political affiliations or local factors influencing voter preferences.
72.46% of voters voted for the Republican party in the 2020 Presidential Election
26.19% of voters voted for the Democrat party in the 2020 Presidential Election
1.34% of voters voted for the Other party in the 2020 Presidential Election
School Data
Dale County, Alabama's fluctuating student-to-teacher ratio, ranging from 16 to 21 over the past decade, has consistently been higher than the national average of 14, peaking at 21 in 2022. This higher ratio could signal larger class sizes, potentially affecting education quality – a key consideration for investors, real estate agents, and prospective residents. For insurance agents and appraisers, these education metrics can be indicative of property values and market demand shifts,... Read more
Student-to-teacher ratio in Dale County, Alabama over the last 10 years
Dale County, Alabama has experienced a fluctuating student-to-teacher ratio over the past decade, with numbers ranging from around 16 to as high as 21. These figures have consistently exceeded the national average of fourteen, peaking notably in 2022 at around 21. Potential investors, real estate agents, and individuals considering a move here might view this as a critical factor, as higher student-teacher ratios can often indicate larger class sizes, potentially impacting the quality of education. Insurance agents and appraisers should also pay attention, as educational quality can influence property values and demand in this area. Changes in occupancy type, evidenced by these ratios, can reflect broader trends such as population growth or decline, which in turn impacts everything from local infrastructure needs to real estate market dynamics.
