DeKalb County Real Estate and Livability Trends
DeKalb County, Alabama, is experiencing a steady rise in average taxable income per tax return, hitting $52,231.40 by 2021, alongside significant increases in state and local taxes. Median home values have climbed from $98,500 in 2015 to $129,000 in 2022, suggesting affordability compared to broader markets. Despite these positive trends, the poverty rate remains above the national average, which... Read more
DeKalb County Market Trends
Median home values in DeKalb County, Alabama have increased steadily from $98,500 in 2015 to $129,000 in 2022, making it a more affordable option compared to the state and national levels. Residential energy tax credits have shown significant fluctuations, reaching up to $925.00 in 2018, pointing to a rising interest in energy-efficient upgrades. Real estate taxes have more than doubled in the... Read more
Median Value of Occupied Housing Units in DeKalb County, Alabama Over the Last 8 Years
Over the past eight years, median home values in DeKalb County, Alabama have shown a steady increase from $98,500 in 2015 to $129,000 in 2022. Compared to the state and national levels, which saw median values rise from approximately $125,500 to $179,400, DeKalb County's housing market appears to offer more affordable options for potential homebuyers. This trend might intrigue investors and families looking to find relatively lower-cost housing with potential for value appreciation, especially when set against the overall higher national and state median values.
Residential Energy Tax Credit Per Tax Return in DeKalb County, AL Over the Last 9 Years
In DeKalb County, Alabama, the average residential energy tax credit per tax return has shown significant fluctuations over the past nine years, with notable peaks and troughs. Starting at $279.41 in 2013, the credit rose to a high of $925.00 in 2018, indicating substantial increases in energy-efficient investments during that period. Such trends highlight a growing interest and potential market for energy-efficient upgrades among residents, making it a potentially lucrative area for investment and development focused on sustainable living solutions.
Average Real Estate Taxes Per Tax Return in DeKalb County, AL Over the Last 10 Years
Over the past decade, real estate taxes per tax return in DeKalb County, Alabama have shown a steady increase, doubling from around $888.76 in 2012 to $2,118.33 in 2021. The sharpest increase occurred between 2017 and 2018, when taxes nearly doubled, jumping from about $1,042.14 to $1,872.97. This trend might suggest a rising demand for property or adjustments in tax policies, which could impact decisions for those considering an investment or relocation to this area.
Percentage of Farm Returns in DeKalb County, AL Over the Last 10 Years
DeKalb County, Alabama, has seen a gradual decline in farm tax returns over the past decade, starting at 8.44% of total tax returns in 2012 and dropping to 6.91% in 2021. Farm tax returns reflect the income generated from agricultural activities, and their downward trend suggests either a decrease in farm profitability or a shift away from farming as the primary income source. This could be relevant for investors, property developers, and those considering relocation, indicating potential changes in land use and economic focus of the county. If farming continues to decline, there could be opportunities for residential or commercial development as land becomes available.
Number of Mortgages by Occupancy Type in DeKalb County, AL Over the Last 5 Years in DeKalb County
In DeKalb County, Alabama, the number of mortgages for principal residences has generally increased over the last five years, with a sharp rise in 2021, suggesting a growing demand for primary homes. Investment property mortgages have remained relatively stable with slight fluctuations, while mortgages for second residences have slowly trended upward. These changes indicate a solid market for permanent homes and potential opportunities for investors, but there might be nuances in demand for secondary living spaces. For those looking to invest, move, or develop property, understanding these trends can inform decisions about housing needs and market stability. Appraisers, insurance agents, and real estate agents might also find these insights useful for evaluating property values and risks.
Economic Outlook
DeKalb County, Alabama has exhibited a steady rise in average taxable income per tax return, reaching $52,231.40 by 2021, suggesting a robust local economy potentially attracting more residents. This upward trend is mirrored by a significant rise in state and local income taxes, which soared from $3,782.70 in 2012 to $9,759.68 in 2021, particularly with a sharp surge between 2017 and 2018. These tax increases could influence disposable income and cost of living. Additionally, the poverty rate... Read more
Average Taxable Income per Tax Return in DeKalb County, AL over the last 9 years
Over the past nine years, DeKalb County, AL has experienced a steady increase in average taxable income per tax return, culminating in a significant rise to $52,231.40 by 2021. This growth indicates a robust economic trend, likely attracting new residents while benefiting current inhabitants with potentially enhanced public services and infrastructure. Such an increase in taxable income suggests economic advancement and improved quality of life, making the county a potentially attractive destination for relocators seeking financial stability and growth opportunities.
Average State and Local Income Taxes Per Tax Return in DeKalb County, AL Over the Last 10 Years
Over the past decade, DeKalb County, AL has seen a significant rise in state and local income taxes per tax return, with increases from $3,782.70 in 2012 to $9,759.68 in 2021. Notably, there was a sharp surge between 2017 and 2018, jumping from $4,722.46 to $8,875.00, indicating a substantial shift in tax burdens or income levels. This trend is crucial for potential residents and current inhabitants to consider as it directly impacts disposable income and overall cost of living, potentially influencing decisions on moving to or staying in the area.
Average Total Tax Liability Per Tax Return in DeKalb County, AL Over the Last 10 Years
Over the past decade, DeKalb County, Alabama has seen a notable increase in total tax liability per tax return, with numbers rising from approximately $5,326.24 in 2012 to about $7,081.56 in 2021. The upward trend underscores a gradual escalation in either earned incomes or local tax rates, making it crucial for potential investors, new residents, or property developers to consider the evolving financial landscape and its potential impacts on cost of living and returns on investment.
Cost of Living in DeKalb County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,015 | $1,307 | $1,917 | $764 | $1,003 |
| 2 adults 3 children | $1,015 | $1,068 | $1,682 | $764 | $822 |
| 1 adult 4 children | $1,015 | $1,067 | $1,430 | $764 | $984 |
| 1 adult 3 children | $1,015 | $872 | $1,194 | $764 | $777 |
| 2 adults 2 children | $740 | $874 | $1,446 | $662 | $723 |
| 2 adults 1 child | $740 | $691 | $1,210 | $331 | $705 |
| 1 adult 2 children | $740 | $653 | $959 | $662 | $597 |
| 1 adult 1 child | $740 | $446 | $723 | $331 | $563 |
| 2 adults | $579 | $555 | $975 | $0 | $635 |
| 1 adult | $560 | $303 | $487 | $0 | $533 |
Safety trends & Data
Property crime trends in DeKalb County, Alabama, have been volatile over the past five years, particularly with Larceny-Theft peaking at 67 incidents in 2019, plummeting to 13 in 2020, and then climbing back to 62 by 2022. Burglary incidents averaged around 15 per year but took a noticeable dip to just 8 in 2021. Motor Vehicle Theft saw a gradual decline from a peak of 12 in 2018 to 4 by 2022. Fraud and Vandalism exhibited moderate fluctuations without significant long-term trends. This... Read more
Property Crime Trends in DeKalb County, AL Over the Last 5 Years
Over the last five years, property crime trends in DeKalb County, Alabama, have shown significant volatility. Larceny-Theft peaked in 2019 with 67 incidents, dropped sharply in 2020 to 13, and then rose again to 62 in 2022. Burglary incidents were relatively stable, averaging around 15 per year but saw a notable dip in 2021 with just 8 occurrences. Motor Vehicle Theft incidents remained low overall, with the highest being 12 in 2018, and steadily decreased to 4 by 2022. Fraud and Vandalism numbers have fluctuated moderately but without significant long-term trends. This data is potentially valuable for investors, property developers, and insurance agents assessing risk and planning in DeKalb County.
Demographics
DeKalb County, Alabama exhibits a relatively balanced male to female adult population. Educational attainment levels indicate that many residents have at least a high school diploma, but fewer have pursued higher degrees, highlighting potential areas for educational outreach. The county has a significant aging population, particularly those aged 55 and above, which could impact local healthcare and services. Ethnically, the demographic is predominantly White, with relatively small... Read more
Race Distribution in DeKalb County, Alabama (2022)
Educational Attainment in DeKalb County, Alabama (2022)
Age Distribution in DeKalb County, Alabama
Citizen Population in DeKalb County, Alabama (2022)
Political Trends & Data
DeKalb County, Alabama, displayed a significant Republican lean in the 2020 Presidential Election, with around 84% favoring the GOP. Democrats received roughly 15% of the vote, highlighting a heavily tilted political landscape. Minor parties barely crossed the 1% mark, indicating a strong two-party dominance, especially skewed towards... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
De Kalb County, Alabama, displayed a significant lean towards the Republican party in the 2020 U.S. Presidential Election, with around 84% of voters favoring the GOP. Democrats received about 15% of the vote, which suggests a heavily tilted political landscape. Other parties, including Libertarians and the Green Party, did not register noticeable support, indicating a strong two-party dominance, particularly skewed towards Republicans. Minor parties collectively barely crossed the 1% mark, hinting at limited influence in local political dynamics.
84.37% of voters voted for the Republican party in the 2020 Presidential Election
14.58% of voters voted for the Democrat party in the 2020 Presidential Election
1.05% of voters voted for the Other party in the 2020 Presidential Election
School Data
Dekalb County, Alabama's student-to-teacher ratio has fluctuated above the national average of 14 over the past decade, hitting around 17 in 2022. These changes might be tied to district policies or budget allocations affecting classroom sizes. This volatility could influence real estate decisions, as lower ratios often appeal to families with school-aged children and can affect property values. Evaluators like real estate agents and investors should keep an eye on these trends, as they provide... Read more
Student-to-teacher ratio in Dekalb County, Alabama over the last 10 years
Dekalb County, Alabama has exhibited fluctuation in its student-to-teacher ratio over the past decade, consistently staying above the national average of fourteen. From 2014's relatively balanced ratio of approximately 14 to a high of around 17 in 2022, these changes may reflect varying district policies or budget allocations affecting classroom sizes. Notably, such volatility can impact real estate decisions, as lower ratios are often a draw for families with school-aged children and influence property valuations. Real estate agents, investors, and appraisers should consider these trends when evaluating the area's desirability. Insurance agents might also find this information useful in assessing local risk factors related to educational standards.
