Ashley County Market Trends
Ashley County, Arkansas has seen a steady increase in median home values from $65,700 in 2015 to $86,600 in 2022, making the market more affordable compared to the state and national averages. Interestingly, the average Residential Energy Tax Credit per tax return peaked in 2021 at $1,437.50, highlighting growing investments in energy-efficient home improvements. Real estate taxes have also risen... Read more
Median Value of Occupied Housing Units in Ashley County, Arkansas Over the Last 8 Years
The median home values in Ashley County, Arkansas have experienced a consistent upward trend, climbing from $65,700 in 2015 to $86,600 in 2022. Despite this increase, Ashley County's median values still remain significantly lower than both the Arkansas state average of $162,400 and the national average of $179,400 for 2022. This could suggest a more affordable market compared to broader state and national levels, potentially attracting investors looking for lower entry points or residents seeking cost-effective homeownership options.
Residential Energy Tax Credit Per Tax Return in Ashley County, AR Over the Last 9 Years
Over the last nine years, the average Residential Energy Tax Credit per tax return in Ashley County, Arkansas, has seen considerable fluctuations, with a sharp increase in 2018 at $1,040.00 and reaching a peak in 2021 at $1,437.50. These trends indicate growing investments in energy-efficient home improvements, making it an appealing destination for homeowners and investors looking to capitalize on energy tax credits.
Average Real Estate Taxes Per Tax Return in Ashley County, AR Over the Last 10 Years
Over the last decade, Ashley County, Arkansas has seen a noticeable increase in average real estate taxes per tax return. Starting at $872.09 in 2012, this figure rose sharply to $1,782.35 by 2021. The most significant jumps occurred from 2017 to 2018 and again from 2019 to 2020. These trends suggest that property tax rates or property values—or both—are on the rise, making the area potentially less attractive for those looking for low property tax rates but possibly indicating growing property values and investment potential.
Percentage of Farm Returns in Ashley County, AR Over the Last 10 Years
Ashley County, Arkansas has seen a steady but slightly fluctuating percentage of farm tax returns over the last decade. Starting at 3.47% in 2012, the trend has had minor ups and downs, peaking at 4.40% in 2021. Farm tax returns play a crucial role in understanding agricultural activity and economic health in the region. For investors, builders, and those interested in rural living, these trends indicate a relatively stable agricultural presence, which could affect property values, land use, and local market dynamics.
Number of Mortgages by Occupancy Type in Ashley County, AR Over the Last 5 Years in Ashley County
Ashley County, Arkansas has shown significant variance in mortgage counts across different occupancy types over the last five years. Principal residences consistently dominate, peaking at 695 mortgages in 2021, compared to second residences which remain notably low, not exceeding 10. Investment properties have seen fluctuations too, with a peak in 2021 at 33. These shifts can be crucial for investors, developers, and realtors, as higher counts for principal and investment properties suggest a focus on long-term housing and rental market opportunities. For appraisers and insurance agents, these trends help in gauging demand and potential risk factors tied to property use.
Economic Outlook
Ashley County, Arkansas has seen its average taxable income per tax return reach a nine-year peak of $50,971.52 in 2021, despite some dips and shifts over time. Meanwhile, average state and local income taxes have surged, increasing from $5,931.76 in 2012 to $8,290.00 in 2021, particularly jumping between 2018 and 2019. Interestingly, average total tax liability per tax return has shown an overall decline after peaking in 2013, suggesting potentially lower financial burdens for residents and... Read more
Average Taxable Income per Tax Return in Ashley County, AR over the last 9 years
In Ashley County, AR, the average taxable income per tax return has experienced notable fluctuations over the past nine years, peaking at $50,971.52 in 2021. Despite a dip in 2015 and multiple shifts until 2019, there has been a general upward trend, suggesting improving economic conditions and potentially higher earning opportunities for residents. This increase in average income can be an attractive factor for potential movers considering long-term financial stability in the area.
Average State and Local Income Taxes Per Tax Return in Ashley County, AR Over the Last 10 Years
Over the past decade, Ashley County, AR has seen a significant increase in average state and local income taxes per tax return, rising from $5,931.76 in 2012 to $8,290.00 in 2021. Notable jumps occurred around 2018 and 2019, with amounts increasing from $5,828.80 to $8,150.00 in just two years. This trend highlights increasing fiscal demands on residents, which could influence cost-of-living considerations for potential movers.
Average Total Tax Liability Per Tax Return in Ashley County, AR Over the Last 10 Years
Over the last decade, the average total tax liability per tax return in Ashley County, Arkansas has fluctuated, peaking at $7,374.73 in 2013 and showing a general decline afterward, with a notable dip to $6,098.62 in 2018. This pattern suggests an overall downward trend in tax liabilities, offering potential financial relief for residents and investors. This could imply a stabilizing local economy and potentially lower individual financial burdens, making the county attractive for new investments and relocation.
Cost of Living in Ashley County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $876 | $1,295 | $1,862 | $966 | $954 |
| 1 adult 4 children | $876 | $1,057 | $1,425 | $966 | $1,082 |
| 2 adults 3 children | $876 | $1,058 | $1,616 | $966 | $753 |
| 1 adult 3 children | $876 | $864 | $1,178 | $966 | $806 |
| 2 adults 2 children | $720 | $866 | $1,369 | $839 | $681 |
| 1 adult 2 children | $720 | $647 | $931 | $839 | $636 |
| 2 adults 1 child | $720 | $684 | $1,122 | $426 | $651 |
| 1 adult 1 child | $720 | $442 | $684 | $426 | $569 |
| 2 adults | $597 | $550 | $875 | $0 | $551 |
| 1 adult | $594 | $300 | $438 | $0 | $529 |
Safety trends & Data
Ashley County, Arkansas has experienced fluctuating property crime trends over the past five years, with larceny-theft peaking at 30.0 incidents in 2018 before dropping to 17.0 incidents by 2022. Burglary incidents hit a low of 5.0 in 2020 but bounced back to 14.0 in both 2019 and 2022. Arson, while less frequent, was reported in 2019 and 2022. These variations could potentially affect property values and insurance costs, making them important factors for investors, real estate agents, and... Read more
Property Crime Trends in Ashley County, AR Over the Last 5 Years
Ashley County, Arkansas has seen fluctuating trends in property crime over the last five years. Larceny-theft remains the most prevalent property crime, peaking at 30.0 incidents in 2018 and seeing a slight reduction to 17.0 incidents by 2022. Burglary incidents have also varied, with a notable low of 5.0 in 2020 before rising to 14.0 in both 2019 and 2022. Less frequent but concerning crimes such as arson appeared in 2019 and 2022. This variability suggests an inconsistency in crime rates that may impact property values and insurance premiums, warranting close consideration by investors, real estate agents, and residents.
Demographics
Ashley County, Arkansas illustrates a community with a gender balance slightly favoring females, a predominant White population, and a notable African American presence. Educational attainment shows a significant portion having completed high school, with fewer residents advancing to higher education levels. The age distribution reveals a relatively even spread across most age groups, with a slight peak in the 55 to 64-year range, potentially indicating a stable, mature... Read more
Race Distribution in Ashley County, Arkansas (2022)
Educational Attainment in Ashley County, Arkansas (2022)
Age Distribution in Ashley County, Arkansas
Citizen Population in Ashley County, Arkansas (2022)
Political Trends & Data
Ashley County, Arkansas, witnessed a strong Republican presence in the 2020 U.S. Presidential Election, with the GOP securing about 70% of the vote. This trend indicates a potential conservative tilt in local governance and policies, which could influence real estate decisions, from zoning laws to property taxes. The Democratic vote hovered around 27%, highlighting a lesser but still significant opposition, while Libertarian and Green parties saw minimal support. Understanding this political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Arkansas' Ashley County, voting patterns in the 2020 U.S. Presidential Election suggest a significant lean toward the Republican Party, which garnered roughly 70% of the vote. Democrats trailed with approximately 27%, and other parties collectively made up a minor portion. Libertarian and Green parties barely registered on the electoral map, hinting at a predominantly two-party preference among voters.
70.00% of voters voted for the Republican party in the 2020 Presidential Election
26.81% of voters voted for the Democrat party in the 2020 Presidential Election
0.32% of voters voted for the Livertarian party in the 2020 Presidential Election
0.11% of voters voted for the Green party in the 2020 Presidential Election
2.76% of voters voted for the Other party in the 2020 Presidential Election
School Data
Ashley County, Arkansas, has witnessed its student-to-teacher ratio vary in the past decade, peaking at 14 in 2019 and 2023 and dipping as low as 12 in 2016. These fluctuations around the national average of 14 students per teacher imply smaller class sizes, potentially leading to more individual student attention. This aspect could be appealing to investors and new residents for its possible impact on educational outcomes, also aiding real estate agents in property valuation and insurance... Read more
Student-to-teacher ratio in Ashley County, Arkansas over the last 10 years
Ashley County, Arkansas, has seen its student-to-teacher ratio fluctuate over the past decade, peaking at 14 in 2019 and 2023 and hitting a low of 12 in 2016. Despite these variations, the county's student-to-teacher ratio has generally hovered around the national average of 14 students per teacher. Investors and those considering moving to the area might find the relatively low ratio appealing as it suggests smaller class sizes and potentially more individual attention for students, which can enhance educational outcomes. This information could also be crucial for real estate agents and appraisers when evaluating property values and for insurance agents assessing risk factors associated with the local educational environment.
