Walker County Real Estate and Livability Trends
Walker County, Alabama's median home values have risen moderately from $82,800 in 2015 to $124,100 in 2022, but this increase is modest compared to state and national trends. Notable changes include spikes in residential energy tax credits, peaking at $1,992.86 in 2018, indicating growing investment in energy-efficient home improvements. Principal residence mortgages surged from 2,031 in 2018 to... Read more
Walker County Market Trends
Walker County, Alabama has seen its median home values rise from $82,800 in 2015 to $124,100 in 2022, reflecting modest growth compared to state and national trends. Residential energy tax credits surged, peaking at $1,992.86 in 2018, indicating a growing investment in energy-efficient home improvements. Real estate taxes per tax return spiked in 2018 to $1,956.12, possibly hinting at changing... Read more
Median Value of Occupied Housing Units in Walker County, Alabama Over the Last 8 Years
Walker County, Alabama has seen a steady increase in median home values over the past eight years, rising from $82,800 in 2015 to $124,100 in 2022. This is relatively modest compared to the state of Alabama and national median values. While the national median shot up to $179,400 in 2022, and Alabama followed suit with a climb to the same level, Walker County remains a more affordable option possibly appealing to budget-conscious buyers and investors looking for potential growth.
Residential Energy Tax Credit Per Tax Return in Walker County, AL Over the Last 9 Years
Walker County, Alabama has seen notable fluctuations in the average residential energy tax credit per tax return over the past nine years. Starting at $341.67 in 2013, the credit gradually rose to a peak of $1,992.86 in 2018. Although slightly lower in subsequent years, it remained above $1,300 through 2021, highlighting increased investments in energy-efficient home improvements. This trend indicates a growing emphasis on sustainable living and could be an attractive factor for prospective homebuyers and real estate developers interested in eco-friendly features.
Average Real Estate Taxes Per Tax Return in Walker County, AL Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Walker County, Alabama have fluctuated significantly. Average taxes hovered between $838.41 and $938.70 from 2012 to 2017, but saw a dramatic spike to $1,956.12 in 2018. Since then, taxes have slowly declined, hovering around $1,861.33 in 2021. This trend could hint at shifting fiscal policies or property value changes, making it crucial for potential investors to analyze these fluctuations to anticipate future costs.
Percentage of Farm Returns in Walker County, AL Over the Last 10 Years
Over the last decade, Walker County, Alabama has seen a slight decrease in farm returns percentages, from 2.07% in 2012 to 1.78% in 2021, hitting a low of 1.66% in 2020. Farm tax returns are filings that indicate agricultural activity and profitability, giving insight into the local farming economy. This downward trend might suggest a shrinking agricultural sector or changes in income-reporting practices. For potential investors, property developers, or residents, understanding this could influence decisions on land use, types of investments, or even community support initiatives to bolster local farming.
Number of Mortgages by Occupancy Type in Walker County, AL Over the Last 5 Years in Walker County
Walker County, Alabama, has shown trends in mortgage counts segmented by occupancy type. Over the last five years, principal residences consistently dominate the mortgage market, with a marked increase from 2,031 in 2018 to 2,923 in 2021 before slightly dropping to 2,577 in 2022. Investment properties and second residences have relatively lower figures, remaining under 130 and 100 respectively for any given year. These shifts in occupancy type can indicate changes in local demographics and economic conditions that are crucial for investors considering rental properties, appraisers assessing market values, insurance agents evaluating risk, and builders planning new developments. For real estate agents and potential residents, understanding these dynamics helps gauge market stability and predict future housing demands.
Economic Outlook
Walker County, Alabama's taxable income per tax return has seen notable ups and downs, peaking at $62,298.56 in 2018, dipping to $53,511.38 in 2020, and then rising to $67,176.54 in 2021. State and local income taxes have also swung widely, hitting a high of $14,926.37 in 2019 and settling around $11,000 in 2021. Total tax liabilities peaked in 2021 at $8,919.33 after fluctuating throughout the decade. These patterns suggest an unpredictable but dynamic economic landscape, which could be... Read more
Average Taxable Income per Tax Return in Walker County, AL over the last 9 years
Walker County, AL has experienced fluctuations in taxable income per tax return over the past nine years, with a notable peak of $62,298.56 in 2018, followed by a dip to $53,511.38 in 2020, and a significant rise to $67,176.54 in 2021. This variability suggests a dynamic economic environment, potentially influenced by broader economic factors and local developments. Such shifts are crucial for prospective residents or businesses considering moving to the area, as they reflect the economic health and earning potential within the county.
Average State and Local Income Taxes Per Tax Return in Walker County, AL Over the Last 10 Years
Walker County, AL has experienced significant fluctuations in average state and local income taxes per tax return over the past decade. Starting at $7,842.99 in 2012, taxes dropped sharply to $4,401.01 by 2014 and remained relatively stable until 2016 before surging to $12,596.77 in 2018 and peaking at $14,926.37 in 2019. Despite a subsequent decline, levels have stabilized around $11,000 in 2021. This erratic trend may impact financial planning for current and prospective residents.
Average Total Tax Liability Per Tax Return in Walker County, AL Over the Last 10 Years
The tax liabilities in Walker County, Alabama, show some noteworthy fluctuations over the past decade. While the average total tax liability per tax return dipped to a low of $6,563.12 in 2014, it spiked significantly in 2017 to $8,731.60, and again in 2021 to $8,919.33. These shifts suggest variable economic conditions and changing tax policies that could impact residents and potential investors. Overall, understanding these tax trends is crucial for anyone considering financial decisions in the area, from real estate development to personal investments.
Cost of Living in Walker County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,004 | $1,367 | $2,002 | $1,217 | $1,193 |
| 1 adult 4 children | $1,004 | $1,117 | $1,493 | $1,217 | $1,193 |
| 2 adults 3 children | $1,004 | $1,117 | $1,756 | $1,217 | $965 |
| 1 adult 3 children | $1,004 | $912 | $1,247 | $1,217 | $968 |
| 2 adults 2 children | $740 | $914 | $1,510 | $1,066 | $850 |
| 1 adult 2 children | $740 | $683 | $1,001 | $1,066 | $738 |
| 2 adults 1 child | $740 | $723 | $1,263 | $574 | $782 |
| 1 adult 1 child | $740 | $467 | $755 | $574 | $629 |
| 2 adults | $562 | $581 | $1,017 | $0 | $640 |
| 1 adult | $560 | $317 | $509 | $0 | $533 |
Safety trends & Data
Over the past five years, Walker County, Alabama, has seen fluctuating property crime trends, with larceny-theft numbers falling from 326.00 in 2018 to 154.00 in 2022. Burglary incidents dropped sharply from 30.00 in 2018 to just 3.00 in 2021, though they rose again to 23.00 in 2022. Arson has stayed relatively rare, while motor vehicle thefts have seen a slight uptick. Fraud and embezzlement remain low and stable. These patterns could signal changing crime dynamics or improved preventive... Read more
Property Crime Trends in Walker County, AL Over the Last 5 Years
Over the past five years, Walker County, Alabama, has seen a notable fluctuation in property crimes. Larceny-theft remains the most frequent crime, but its numbers have decreased from a high of 326.00 in 2018 to 154.00 in 2022. Burglary incidents dropped from 30.00 in 2018 to just 3.00 in 2021, only to rise again to 23.00 in 2022. Arson has remained relatively uncommon, while motor vehicle thefts showed a slight increase recently. Fraud and embezzlement seem to be relatively low and stable. This pattern might indicate changing crime dynamics or improved preventive measures, which could interest investors, real estate agents, and new residents evaluating the safety and security of the area.
Demographics
Walker County, Alabama shows an adult population with a slightly higher number of females compared to males. Educational attainment tends to peak at high school graduation and some college without a degree, indicating a potential room for improvement in higher education levels. The age distribution reveals a concentration in the 25-64 age brackets, which might imply a stable but aging population. Racial demographics are predominantly White, with smaller representations from African American and... Read more
Race Distribution in Walker County, Alabama (2022)
Educational Attainment in Walker County, Alabama (2022)
Age Distribution in Walker County, Alabama
Citizen Population in Walker County, Alabama (2022)
Political Trends & Data
Walker County, Alabama leaned heavily Republican in the 2020 U.S. Presidential Election, with around 83.4% of the vote going to the Republican candidate. Democrats received just about 15.5%, hinting at the county's strong Republican preference. The minimal votes for other parties suggest limited political diversity and likely reflect deeply rooted community values and socio-political dynamics in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Walker County, Alabama saw a considerable preference for Republican candidates in the 2020 U.S. Presidential Election, with about 83.4% of the vote. Democrats only garnered around 15.5%, indicating a strong Republican leaning. Votes for other parties were negligible, suggesting a lack of diverse political engagement here. This trend could reflect underlying socio-political dynamics and community values specific to the area.
83.42% of voters voted for the Republican party in the 2020 Presidential Election
15.51% of voters voted for the Democrat party in the 2020 Presidential Election
1.07% of voters voted for the Other party in the 2020 Presidential Election
School Data
Walker County, Alabama has seen its student-to-teacher ratio peak at 18 in 2018, now hovering around 17, compared to a national average of 14. This higher ratio suggests larger class sizes that might influence educational quality, which could impact property values and demand. Prospective investors, real estate agents, and families should consider this when evaluating the area's potential for property development, school performance, and overall... Read more
Student-to-teacher ratio in Walker County, Alabama over the last 10 years
Walker County, Alabama has experienced fluctuations in its student-to-teacher ratio over the past decade, peaking at 18 in 2018 and stabilizing around 17 in recent years. This ratio is higher compared to the current national average of 14 students per teacher. For potential investors, real estate agents, and those considering relocating to the area, this metric might indicate larger class sizes, potentially affecting educational quality. Insurance agents and property developers should also take note, as local school performance can be a key factor in property valuations and demand. For families, a higher student-to-teacher ratio could impact decisions related to educational opportunities in the county.
