Dallas County Real Estate and Livability Trends
Dallas County, Alabama has seen steady increases in average taxable income per tax return, rising from $37,304.65 in 2013 to $44,635.39 in 2021, amidst more than doubling of state and local income taxes. Despite a modest rise in median home values from $81,500 in 2015 to $91,600 in 2022, the county remains attractive for first-time homebuyers and affordable market enthusiasts. A skyrocketing... Read more
Dallas County Market Trends
Dallas County, Alabama, has witnessed a modest rise in median home values from $81,500 in 2015 to $91,600 in 2022, noticeably slower compared to the state's leap from $125,500 to $179,400. This slower growth may still position the county as an attractive option for first-time homebuyers or investors aiming for lower entry costs. Interestingly, the average residential energy tax credit per tax... Read more
Median Value of Occupied Housing Units in Dallas County, Alabama Over the Last 8 Years
Dallas County, Alabama, has seen a rather modest upward trend in median home values over the past eight years, starting at $81,500 in 2015 and reaching $91,600 in 2022. When compared to Alabama's state-level figures, which jumped from $125,500 to $179,400 in the same period, Dallas County's growth appears relatively slower. Nationally, median home values have surged significantly from $125,500 in 2015 to $179,400 in 2022. This relatively more affordable housing market in Dallas County might attract first-time homebuyers or investors seeking lower entry costs.
Residential Energy Tax Credit Per Tax Return in Dallas County, AL Over the Last 9 Years
In Dallas County, Alabama, the average residential energy tax credit per tax return has shown a striking upward trend over the past nine years. From a modest $576.67 in 2013, the credit has surged to $1,818.84 by 2021. This significant rise underscores an increasing investment in energy-efficient home improvements, making the area more appealing for eco-conscious investors, builders standing to gain from green projects, and residents aiming for long-term cost savings.
Average Real Estate Taxes Per Tax Return in Dallas County, AL Over the Last 10 Years
Real estate taxes per tax return in Dallas County, Alabama have seen a significant increase over the past decade. Starting at $917.70 in 2012, taxes have risen to $1,458.54 by 2021. Notable jumps occurred between 2017 and 2018 and 2018 and 2019, indicating a trend worth considering for potential investors and homeowners. Such increases might reflect broader economic developments or county-specific factors impacting property values.
Percentage of Farm Returns in Dallas County, AL Over the Last 10 Years
The percentage of farm tax returns in Dallas County, Alabama has seen a general decline over the past decade, starting at about 3.17% in 2012 and dropping to roughly 2.64% by 2021. Despite a minor uptick in 2021, the overall trend reveals a gradual decrease. Farm tax returns, which are tax filings indicating income derived from farming activities, can be a significant indicator of agricultural viability and economic health in rural areas. This trend might raise concerns for potential investors and residents interested in the county's agricultural prospects, hinting at either a shift in economic activities or challenges facing local farmers.
Number of Mortgages by Occupancy Type in Dallas County, AL Over the Last 5 Years in Dallas County
Dallas County, Alabama has seen a significant volatility in principal residence mortgages, peaking in 2021 with 1009. Investment property mortgages have been on a downward trajectory over the last five years, dipping to 32 in 2022. Second residence mortgages have remained relatively stable, hovering around 20-30. These trends suggest varying market interests and possibly shifting economic factors influencing what type of housing individuals are prioritizing. For investors and real estate professionals, understanding these fluctuations can help in making informed decisions about where to allocate resources. Appraisers and insurance agents can also use this data to adjust their expectations and policies accordingly. Those planning to move or build in Dallas County should note these trends to better gauge demand and occupancy type preferences in the local housing market.
Economic Outlook
Dallas County, Alabama has seen the average taxable income per tax return grow steadily from $37,304.65 in 2013 to $44,635.39 in 2021, indicating a trend of improving financial health in the area. At the same time, state and local income taxes have more than doubled, jumping from $3,104.91 in 2012 to $7,240.82 in 2021, spotlighting a noticeable increase in cost of living. The total tax liability has shown variability, peaking at $6,684.00 in 2021, with significant rises in 2015 and 2019,... Read more
Average Taxable Income per Tax Return in Dallas County, AL over the last 9 years
Dallas County, AL has seen a steady increase in average taxable income per tax return over the past nine years, rising from $37,304.65 in 2013 to $44,635.39 in 2021. This trend highlights a significant economic improvement, making the area more attractive for prospective residents who may be seeking a growing financial stability.
Average State and Local Income Taxes Per Tax Return in Dallas County, AL Over the Last 10 Years
Over the past decade, Dallas County, AL has experienced a significant rise in average state and local income taxes per tax return. From $3,104.91 in 2012 to $7,240.82 in 2021, tax burdens have more than doubled, indicating substantial fiscal changes in the region. This upward trend highlights increasing costs for residents, important for those considering a move or currently living in the area.
Average Total Tax Liability Per Tax Return in Dallas County, AL Over the Last 10 Years
The average total tax liability per tax return in Dallas County, Alabama has shown some fluctuations over the past decade, ranging from $5,506.21 in 2012 to a high of $6,684.00 in 2021. Notable peaks occurred in 2015 and 2019, reflecting periods of higher financial obligations for residents. This variability provides useful insight for potential investors and property developers, as it suggests economic shifts that could impact financial planning and strategy within the county.
Cost of Living in Dallas County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $961 | $1,404 | $1,849 | $1,245 | $1,115 |
| 1 adult 4 children | $961 | $1,146 | $1,379 | $1,245 | $1,115 |
| 2 adults 3 children | $961 | $1,147 | $1,622 | $1,245 | $909 |
| 1 adult 3 children | $961 | $936 | $1,152 | $1,245 | $892 |
| 2 adults 2 children | $790 | $939 | $1,395 | $1,080 | $826 |
| 1 adult 2 children | $790 | $701 | $924 | $1,080 | $715 |
| 2 adults 1 child | $790 | $742 | $1,168 | $543 | $751 |
| 1 adult 1 child | $790 | $479 | $697 | $543 | $605 |
| 2 adults | $600 | $596 | $941 | $0 | $617 |
| 1 adult | $597 | $325 | $470 | $0 | $517 |
Safety trends & Data
Dallas County, Alabama has seen varying property crime trends over the last five years. Larceny-Theft has consistently topped the list, reaching 76 incidents in 2018 but seeing a significant drop by 2020. Vandalism peaked in 2021 with 19 incidents, and Burglary shows moderate prevalence. Crimes like Forgery and Counterfeiting, Embezzlement, and Fraud remain low and inconsistent, signaling potential focal points for enhanced security measures. This data may interest investors and new residents... Read more
Property Crime Trends in Dallas County, AL Over the Last 5 Years
Over the last five years, Dallas County, Alabama has witnessed fluctuating trends in property crime, with Larceny - Theft consistently having the highest numbers, peaking at 76 incidents in 2018 but then dropping significantly by 2020. Vandalism and Burglary have shown moderate yet notable prevalence, with Vandalism incidents peaking in 2021 at 19. Interestingly, crimes like Forgery and Counterfeiting, Embezzlement, and Fraud display relatively low and inconsistent frequencies. These patterns could suggest areas for targeted security measures and concern for stakeholders looking to invest or move to this region.
Demographics
Dallas County, Alabama, exhibits a female-majority adult population, which might influence community services and engagement. Educational attainment shows significant skewing toward high school graduates and those with 'some college' experience, suggesting targeted educational programs could be beneficial. Age-wise, there's a noticeable concentration in the 55 to 64-year-old range, indicating potential needs for healthcare and retirement services. Racial distribution highlights a predominantly... Read more
Race Distribution in Dallas County, Alabama (2022)
Educational Attainment in Dallas County, Alabama (2022)
Age Distribution in Dallas County, Alabama
Citizen Population in Dallas County, Alabama (2022)
Political Trends & Data
Dallas County, Alabama, leaned heavily Democratic in the 2020 U.S. Presidential Election, with around 68% of votes going to the Democratic party. Republicans pulled in just over 30%, while minor parties made up a mere 0.6%. This voting pattern might hint at changing political dynamics or specific local influences swaying voter... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Dallas County, Alabama saw a strong preference for the Democratic party in the 2020 U.S. Presidential Election, with approximately 68% of the vote. The Republican party garnered a bit over 30%, and minor parties accounted for only about 0.6%. This distribution could suggest shifting political landscapes or unique local factors influencing voter behavior.
30.92% of voters voted for the Republican party in the 2020 Presidential Election
68.46% of voters voted for the Democrat party in the 2020 Presidential Election
0.62% of voters voted for the Other party in the 2020 Presidential Election
School Data
Dallas County, Alabama has experienced significant shifts in its student-to-teacher ratio, ranging from approximately 16 to a peak of nearly 50 in 2017. Recent figures hover in the high teens to low twenties, exceeding the national average of 14. This elevated ratio could indicate challenges in personalized education, impacting decisions for investors and developers focused on educational infrastructure. Property appraisers and insurance agents might also find this pertinent as school... Read more
Student-to-teacher ratio in Dallas County, Alabama over the last 10 years
Over the past decade, Dallas County, Alabama has seen considerable fluctuation in its student-to-teacher ratio, varying from a low of around 16 to a peak of nearly 50 in 2017. The more consistent averages around the high teens to low twenties in recent years still surpass the national average of fourteen. This elevated ratio might suggest potential challenges in individualized student attention and resource allocation, which could be critical for investors or developers considering educational infrastructure. Property value appraisers and insurance agents should also take note, as communities often gauge desirability based on school performance metrics. Higher ratios might deter families from moving to the area, affecting real estate dynamics.
