Baxter County Real Estate and Livability Trends
Baxter County, Arkansas has seen a notable uptick in average taxable income per tax return, rising from $44,006.41 in 2013 to $59,686.59 in 2021, alongside a steep increase in state and local income taxes. Median home values surged from $120,400 in 2015 to $155,600 in 2022, outpacing state and national averages, while real estate taxes per return climbed to $3,133.33 in 2020. The county's... Read more
Baxter County Market Trends
Baxter County, Arkansas has seen its median home values rise from $120,400 in 2015 to $155,600 in 2022, which is a rapid growth compared to the state and national averages. Interestingly, the county's residential energy tax credits have fluctuated significantly, peaking at $2,350.00 in 2018 and reflecting dynamic investment in energy efficiency. Real estate taxes per return have also increased... Read more
Median Value of Occupied Housing Units in Baxter County, Arkansas Over the Last 8 Years
Over the last eight years, Baxter County, Arkansas has seen its median home values escalate from $120,400 in 2015 to $155,600 in 2022. This growth is fairly robust compared to the state of Arkansas, which saw its median home values rise from $111,400 to $162,400 in the same period. Meanwhile, on a national level, the median home values climbed from $125,500 in 2015 to $179,400 in 2022. These trends suggest that while Baxter County remains more affordable than the national average, its rapid appreciation could make it an enticing opportunity for investors eyeing both growth potential and relative affordability.
Residential Energy Tax Credit Per Tax Return in Baxter County, AR Over the Last 9 Years
The average residential energy tax credit per tax return in Baxter County, Arkansas has shown significant fluctuations over the past nine years. Starting at $520.59 in 2013, it peaked dramatically at $2,350.00 in 2018, dropping again in subsequent years but rising to $1,620.00 in 2021. These variations highlight potential shifts in investment in energy-efficient upgrades or changes in local tax policies, offering intriguing insights for investors and residents focused on sustainable living and cost savings.
Average Real Estate Taxes Per Tax Return in Baxter County, AR Over the Last 10 Years
Baxter County, Arkansas, has seen a noticeable upward trend in real estate taxes per tax return over the last decade. Starting from around $1,494.68 in 2012, the taxes have significantly increased, hitting a peak of $3,133.33 in 2020 before a slight reduction in 2021 to $2,857.81. This fluctuation may suggest a growing local economy or increased property values, potentially attracting investors and homebuyers interested in the evolving market dynamics.
Percentage of Farm Returns in Baxter County, AR Over the Last 10 Years
The trend in Baxter County, Arkansas, shows a consistent presence of farm tax returns hovering around 3.20% from 2012 to 2018, followed by a slight dip below 3.00% in 2019 and 2020, before rising again to 3.05% in 2021. Farm tax returns reflect the region's agricultural activities and their economic contribution. For investors and potential residents, this trend indicates a stable agricultural sector, which can influence property values and local economic stability. Understanding these numbers helps gauge rural economic health and potential land-use planning opportunities.
Number of Mortgages by Occupancy Type in Baxter County, AR Over the Last 5 Years in Baxter County
Baxter County, Arkansas has exhibited a noticeable trend in mortgage activity over the past five years. Mortgages for principal residences dominate the market but have shown periodic fluctuation, peaking in 2021 at 2,781 and dropping to 1,856 in 2022. Investment property mortgages spiked in 2021 but dipped subsequently, highlighting potential volatility. Second residence mortgages have remained relatively stable, albeit much lower in numbers compared to primary residences and investment properties. These shifts in occupancy type are crucial for investors, appraisers, and real estate professionals as they reflect underlying economic conditions, potential profitability, and housing demand dynamics in the county.
Economic Outlook
Baxter County, Arkansas has experienced a considerable rise in average taxable income per tax return, climbing from $44,006.41 in 2013 to $59,686.59 in 2021. During the same period, average state and local income taxes per tax return surged from $6,479.12 to $15,360.71, pointing to a notable shift in the cost of living. Additionally, the average total tax liability per tax return generally increased, rising from $6,741.83 in 2012 to $8,989.77 in 2021. This trend underscores the area's growing... Read more
Average Taxable Income per Tax Return in Baxter County, AR over the last 9 years
Baxter County, AR has seen a consistent rise in average taxable income per tax return over the last nine years, jumping from $44,006.41 in 2013 to $59,686.59 in 2021. This steady growth highlights a robust local economy and increasing earning potential, factors that can be highly attractive to potential new residents as well as current inhabitants considering long-term stability.
Average State and Local Income Taxes Per Tax Return in Baxter County, AR Over the Last 10 Years
Over the last decade, Baxter County, AR has seen a significant increase in average state and local income taxes per tax return, rising from $6,479.12 in 2012 to $15,360.71 in 2021. This escalation indicates a growing financial burden on residents, peaking notably in recent years. For prospective movers or current residents, this matters as it reflects a substantial shift in the cost of living, potentially impacting overall affordability and budgeting for households.
Average Total Tax Liability Per Tax Return in Baxter County, AR Over the Last 10 Years
Baxter County, Arkansas has seen a fluctuating but generally increasing trend in average total tax liability per tax return over the past decade, starting at $6,741.83 in 2012 and reaching $8,989.77 in 2021. A notable increase occurred between 2014 and 2017, with a slight dip in 2018 followed by a resurgence. This indicates a rise in both income levels and tax obligations, highlighting a growing economic dynamism that could attract investors and new residents to the area.
Cost of Living in Baxter County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $981 | $1,436 | $1,862 | $966 | $1,011 |
| 1 adult 4 children | $981 | $1,172 | $1,425 | $966 | $1,141 |
| 2 adults 3 children | $981 | $1,173 | $1,616 | $966 | $791 |
| 1 adult 3 children | $981 | $958 | $1,178 | $966 | $845 |
| 2 adults 2 children | $794 | $960 | $1,369 | $839 | $700 |
| 1 adult 2 children | $794 | $717 | $931 | $839 | $648 |
| 2 adults 1 child | $794 | $759 | $1,122 | $426 | $664 |
| 1 adult 1 child | $794 | $490 | $684 | $426 | $573 |
| 2 adults | $603 | $610 | $875 | $0 | $538 |
| 1 adult | $599 | $332 | $438 | $0 | $507 |
Safety trends & Data
Baxter County, Arkansas has experienced a noticeable decline in property crimes over the past five years, with larceny-theft dropping dramatically from 298.00 incidents in 2018 to 145.00 in 2022. Burglary rates have also shown a general decrease, falling to 13.00 in 2021 before slightly increasing to 23.00 in 2022. Vandalism fluctuated, peaking at 73.00 in 2021 but settling at a lower 41.00 in 2019 and 2022. Motor vehicle thefts and fraud cases remained relatively low, further indicating a... Read more
Property Crime Trends in Baxter County, AR Over the Last 5 Years
Baxter County, Arkansas has seen notable shifts in property crime trends over the past five years. Larceny-theft remains the most frequently reported crime, peaking at 298.0 incidents in 2018 before steadily declining to 145.0 in 2022. Burglary rates also saw a drop from 28.0 in 2018 to 13.0 by 2021 but bumped up slightly to 23.0 in 2022. Vandalism experienced fluctuations with a low of 41.0 in 2019 and 2022 and a high of 73.0 in 2021. Creditors may find the relatively small and decreasing number of motor vehicle thefts and fraud cases reassuring, with fraud cases peaking at a modest 9.0 in 2019. These trends suggest a general decline in certain high-profile property crimes, potentially making Baxter County a more attractive place for prospective residents and investors.
Demographics
Baxter County, Arkansas, reveals an adult population where females slightly outnumber males. Educational attainment varies widely, with a significant chunk being high school graduates and a notable portion having some college but no degree. The age distribution skews older, indicating a potentially aging population with a substantial number of residents over 55 years old. Racially, the county is overwhelmingly White, with other racial groups making up a small fraction of the population. These... Read more
Race Distribution in Baxter County, Arkansas (2022)
Educational Attainment in Baxter County, Arkansas (2022)
Age Distribution in Baxter County, Arkansas
Citizen Population in Baxter County, Arkansas (2022)
Political Trends & Data
In Baxter County, Arkansas, the Republican party seems to have secured a decisive majority in the 2020 U.S. Presidential Election, possibly highlighting a strong conservative lean in the region. The Democratic party had significantly fewer votes, suggesting limited influence relative to Republicans. Minor parties, including the Libertarian and Green parties, also appeared to have minimal impact, indicating a predominately two-party system in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Baxter County, Arkansas, the Republican party appears to have secured a strong majority of the votes in the 2020 U.S. Presidential Election, potentially indicating a solid conservative lean in the region. The Democratic party garnered significantly fewer votes, which might suggest limited influence compared to Republicans. Minor parties, such as the Libertarian and Green parties, along with other categories, seem to have had minimal impact, reflecting a potentially predominant two-party system in this area.
75.38% of voters voted for the Republican party in the 2020 Presidential Election
22.06% of voters voted for the Democrat party in the 2020 Presidential Election
0.87% of voters voted for the Livertarian party in the 2020 Presidential Election
0.20% of voters voted for the Green party in the 2020 Presidential Election
1.48% of voters voted for the Other party in the 2020 Presidential Election
School Data
Baxter County, Arkansas has consistently maintained a student-to-teacher ratio below the national average of 14:1, fluctuating from 13.41 in 2014 to a low of 12.26 in 2016, rising to 13.73 in 2023. This lower student-to-teacher ratio could indicate a more personalized educational experience, appealing to investors and potential residents. Such educational advantages often correlate with higher demand for residential properties, potentially making the area attractive for real estate... Read more
Student-to-teacher ratio in Baxter County, Arkansas over the last 10 years
Baxter County, Arkansas has generally maintained a student-to-teacher ratio below the national average of 14 students per teacher over the last decade. The ratio fluctuated modestly from 13.41 in 2014, dipping to a low of 12.26 in 2016, and then rising to 13.73 in 2023. These figures suggest the county might offer a more personalized educational experience compared to many other areas. Investors, appraisers, and those considering relocations may find this appealing, as lower student-to-teacher ratios are often associated with better educational outcomes and could fuel demand for residential properties in the area.
