Mobile County Real Estate and Livability Trends
Mobile County, Alabama has seen median home values rise from $122,400 in 2015 to $164,600 in 2022, showing growth yet still lower than the national median of $179,400. Property taxes nearly doubled over the decade, and mortgage activity showed a peak in 2021 but a drop in 2022, suggesting economic variances influencing homeownership. The county’s student-to-teacher ratio has remained higher... Read more
Mobile County Market Trends
Mobile County, Alabama, has experienced a consistent rise in median home values, climbing from $122,400 in 2015 to $164,600 in 2022. Despite this growth, property values still trail behind the national median of $179,400. Notably, average residential energy tax credits peaked at $1,915.13 in 2018, indicating a surge in energy efficiency investments. Real estate taxes also saw a significant... Read more
Median Value of Occupied Housing Units in Mobile County, Alabama Over the Last 8 Years
Mobile County, Alabama, has seen a consistent, if not dramatic, rise in median home values over the past eight years, jumping from $122,400 in 2015 to $164,600 in 2022. While this upward trajectory mirrors broader state and national trends, Mobile County's property values still trail behind the national median, which reached $179,400 by 2022. However, potential investors and residents might find Mobile County appealing due to its more affordable entry point compared to the nationwide average.
Residential Energy Tax Credit Per Tax Return in Mobile County, AL Over the Last 9 Years
Over the past nine years, Mobile County, Alabama has seen a notable increase in average residential energy tax credits per tax return, reaching a peak of $1,915.13 in 2018. Values saw a significant jump from $597.89 in 2014 to $1,147.24 in 2017, followed by a high in 2018 and a moderate decline afterward. This upward trend highlights growing investments in energy efficiency, making the area increasingly attractive for environmentally conscious residents and investors.
Average Real Estate Taxes Per Tax Return in Mobile County, AL Over the Last 10 Years
Over the past decade, Mobile County, Alabama has seen a notable increase in average real estate taxes per tax return, escalating from approximately $1,323.15 in 2012 to around $2,604.23 in 2021. This consistent rise may indicate growing investments in property, heightened property values, or shifts in tax policies which could affect both current residents and potential investors. The steep jumps seen after 2017, particularly the leap to $2,306.70 in 2018, suggest a significant shift that prospective property buyers and investors should consider when evaluating the long-term cost implications of owning property in the region.
Percentage of Farm Returns in Mobile County, AL Over the Last 10 Years
Over the last decade, Mobile County, Alabama has seen modest fluctuations in the percentage of farm tax returns, ranging between 0.68% and 0.72%. Farm tax returns serve as a subset of income tax filings that document agricultural income and expenses. This data is crucial for anyone considering investments in agriculture, property development, or relocation, as it highlights the stability and modest presence of farming activity in the region. Such trends can be indicative of the economic steadiness in the agricultural sector, impacting land value and investment potential.
Number of Mortgages by Occupancy Type in Mobile County, AL Over the Last 5 Years in Mobile County
The mortgage trends in Mobile County, Alabama highlight a significant fluctuation in the number of mortgages for principal residences, typically peaking around 24,072 in 2021 and dipping to 17,121 in 2022, hinting at possible market shifts or economic factors affecting homeownership decisions. Investment properties show more modest, relatively stable numbers, ranging from 873 in 2019 to 1,269 in 2021, potentially reflecting steady investor interest. Second residences, although the smallest category, demonstrate varying demand that could be crucial for niche market insights, from 340 in 2019 to a peak of 562 in 2021. These shifts matter because they can influence local market dynamics, future property values, and community development strategies, offering essential insights for real estate agents, investors, and policymakers to optimize their decisions.
Economic Outlook
Mobile County, Alabama has experienced a notable rise in average taxable income per tax return, moving from $47,969.87 in 2013 to $66,358.34 by 2021. This reflects economic growth and potentially higher wage levels, making it increasingly attractive for those seeking stability. However, state and local income taxes have also surged from $4,071.72 in 2012 to $10,280.00 in 2021, suggesting a growing tax burden that could impact cost of living. The county's average total tax liability showed... Read more
Average Taxable Income per Tax Return in Mobile County, AL over the last 9 years
Mobile County, AL has experienced a notable upward trend in average taxable income per tax return over the past nine years. Starting at $47,969.87 in 2013, the average steadily rose to $66,358.34 by 2021. This consistent increase, with a significant spike in 2021, reflects economic growth and potentially higher wage levels, making Mobile County increasingly attractive for new residents seeking economic stability.
Average State and Local Income Taxes Per Tax Return in Mobile County, AL Over the Last 10 Years
In the past decade, Mobile County, AL has seen a significant increase in average state and local income taxes per tax return, rising from $4,071.72 in 2012 to $10,280.00 in 2021. This consistent upward trend, particularly sharp between 2017 and 2021, indicates a growing tax burden that could impact residents' cost of living and disposable income. Prospective movers and current residents need to factor these escalating taxes into their financial planning and lifestyle choices.
Average Total Tax Liability Per Tax Return in Mobile County, AL Over the Last 10 Years
Over the past decade, Mobile County, Alabama has seen notable fluctuations in average total tax liability per tax return. Significant increases were observed in 2017 at $9,854.38 and a noticeable spike to $11,757.77 in 2021. This pattern suggests a rise in earnings and investments, positioning the county as an emerging hotspot for financial opportunities. For potential investors, future residents, or those planning property developments, these figures highlight a promising economic trajectory.
Cost of Living in Mobile County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,318 | $1,488 | $1,880 | $1,297 | $1,334 |
| 1 adult 4 children | $1,318 | $1,215 | $1,401 | $1,297 | $1,379 |
| 2 adults 3 children | $1,318 | $1,216 | $1,649 | $1,297 | $1,118 |
| 1 adult 3 children | $1,318 | $992 | $1,171 | $1,297 | $1,150 |
| 2 adults 2 children | $986 | $995 | $1,418 | $1,126 | $940 |
| 1 adult 2 children | $986 | $743 | $940 | $1,126 | $837 |
| 2 adults 1 child | $986 | $786 | $1,187 | $570 | $840 |
| 1 adult 1 child | $986 | $508 | $709 | $570 | $687 |
| 2 adults | $793 | $632 | $957 | $0 | $695 |
| 1 adult | $738 | $345 | $478 | $0 | $568 |
Safety trends & Data
Mobile County, Alabama has shown fluctuating property crime trends over the past five years. Larceny-theft spiked to 1,613 instances in 2018, dipped dramatically to 254 in 2020, and rose again to 807 in 2022. Burglary numbers also dropped significantly from 475 in 2018 to 65 in 2020 but climbed to 266 by 2022. These shifts underline the need for potential real estate investors and developers to monitor local crime statistics closely, as they could impact property values and community safety... Read more
Property Crime Trends in Mobile County, AL Over the Last 5 Years
Mobile County, Alabama has experienced a fluctuating pattern in property crimes over the last five years. There is a notable spike in larceny-theft, with 2018 recording 1,613 instances and a significant reduction in 2020 to 254, followed by a rise to 807 in 2022. Burglary also saw a dramatic drop from 475 cases in 2018 to a low of 65 in 2020 but increased again to 266 by 2022. Motor vehicle theft and fraud have shown less volatile yet still variable trends, indicating shifting crime dynamics. These changes highlight the importance of closely monitoring local crime statistics for those considering real estate investment, property development, or relocation to Mobile County.
Demographics
In Mobile County, Alabama, there is a slightly higher female than male adult population. Education appears skewed towards high school graduates and individuals with some college experience, though a smaller percentage holds graduate or professional degrees. Age-wise, the distribution shows a robust working-age population, with notable numbers in their late 20s to early 30s and those nearing or in retirement age. Racial composition is predominantly White and Black or African American, with very... Read more
Race Distribution in Mobile County, Alabama (2022)
Educational Attainment in Mobile County, Alabama (2022)
Age Distribution in Mobile County, Alabama
Citizen Population in Mobile County, Alabama (2022)
Political Trends & Data
In Mobile County, Alabama, the 2020 U.S. Presidential Election might have seen Republicans securing roughly 55.3% of the vote, with Democrats obtaining around 43.4% and smaller parties capturing about 1.3%. This mix hints at a predominantly Republican demographic, yet the considerable Democratic presence underscores a significant level of political diversity, which could impact local policies and development projects in the real estate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Mobile County, Alabama, the 2020 U.S. Presidential Election saw Republicans potentially securing 55.3% of the vote, while Democrats garnered approximately 43.4%. Smaller parties and independents collectively made up around 1.3%. This distribution suggests a predominantly Republican-leaning electorate with a significant Democratic presence, highlighting a notable degree of political diversity within the county.
55.27% of voters voted for the Republican party in the 2020 Presidential Election
43.39% 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
Mobile County, Alabama's student-to-teacher ratio peaked at around 19 in 2022 and dipped to approximately 17 in 2023, still higher than the national average of 14 students per teacher. This trend could influence homebuyers and investors with school-age children seeking tailored educational experiences, potentially impacting property values and desirability. Additionally, larger class sizes might be a consideration for appraisers, real estate agents, and insurance agents, as they reflect... Read more
Student-to-teacher ratio in Mobile County, Alabama over the last 10 years
Mobile County, Alabama has exhibited some fluctuations in the student-to-teacher ratio over the past decade, peaking at around 19 in 2022 and dipping to approximately 17 in 2023. This ratio still trends higher than the national average of 14 students per teacher, which might influence decisions for potential homebuyers and investors, particularly those with school-age children, seeking a more tailored educational experience. Higher ratios could suggest larger class sizes, potentially impacting the quality of education and individual attention each student receives. This trend may also be of interest to appraisers and real estate agents as it can affect property values and desirability, while insurance agents might consider it an indicator of community investment. For those in construction and development, understanding these educational metrics might provide insight into future growth and the needs of the community.
