Bradley County Real Estate and Livability Trends
Bradley County, Arkansas has seen a notable rise in average taxable income per tax return, suggesting an improving economic environment. Home values have fluctuated somewhat but remain significantly lower than the national average, which could be appealing for buyers. Increases in residential energy tax credits point to a growing interest in green energy. Property crime rates show mixed trends,... Read more
Bradley County Market Trends
Bradley County, Arkansas has seen diverse shifts in its housing market, with median home values peaking at $89,800 in 2019 and leveling at $87,900 in 2022—offering a stark contrast to Arkansas' $162,400 and the national average of $179,400. Meanwhile, substantial increases in residential energy tax credits, rising from $266.67 in 2013 to $2,783.33 in 2021, highlight growing green energy... Read more
Median Value of Occupied Housing Units in Bradley County, Arkansas Over the Last 8 Years
Bradley County, Arkansas has experienced variable median home values over the past eight years, with a significant rise in 2019 peaking at $89,800 and then experiencing fluctuations. Most notably, the 2022 value of $87,900 shows lower volatility compared to Arkansas' steady growth reaching $162,400, and the national escalation to $179,400. This relative stability might present a unique investment opportunity for those looking to capitalize on the region’s more affordable housing in contrast to broader market trends.
Residential Energy Tax Credit Per Tax Return in Bradley County, AR Over the Last 7 Years
Over the last seven years, Bradley County, Arkansas has seen a significant increase in average residential energy tax credits per tax return, from $266.67 in 2013 to $2,783.33 in 2021. The notable jumps, particularly in 2017 and from 2020 to 2021, indicate growing incentives and potentially higher investments in energy-efficient home improvements. This trend presents lucrative opportunities for investors, homeowners, and builders focusing on green energy solutions and sustainable living.
Average Real Estate Taxes Per Tax Return in Bradley County, AR Over the Last 10 Years
Bradley County, Arkansas has seen a notable increase in average real estate taxes over the past decade, rising from $842.00 in 2012 to $1,462.50 in 2021. This trend suggests a steady escalation, particularly sharp from 2015 onwards, indicating potential increases in property values or changes in tax policies. Investors, potential homeowners, and developers might find this trend critical for financial planning and forecasting the future costs of property ownership in the area. These rising taxes could reflect broader economic developments within Bradley County, influencing both the real estate market's appeal and the overall cost of living.
Percentage of Farm Returns in Bradley County, AR Over the Last 10 Years
Over the last decade in Bradley County, Arkansas, the percentage of farm tax returns has fluctuated but remained relatively stable around the 4% to 5% mark, with slight drops and occasional rebounds. These returns have shown a peak in 2012 at about 4.58% and a noticeable dip in 2020 to around 3.86%. Farm tax returns are essentially income tax filings from entities or individuals engaged in farming, reflecting the economic activity and viability of agricultural ventures in the area. This stability with slight variations indicates a consistent agricultural presence, making Bradley County a potentially steady location for agricultural investments and development.
Number of Mortgages by Occupancy Type in Bradley County, AR Over the Last 5 Years in Bradley County
Bradley County, Arkansas, has seen a noticeable increase in mortgages for principal residences, peaking in 2021. However, mortgages for investment properties and second residences have remained relatively low, with minor fluctuations. This trend might suggest a stable demand for permanent living spaces as opposed to rental or vacation properties. For investors, this could hint at a robust local market for family homes, while the low number of second residences may indicate limited demand for seasonal or secondary housing. Moreover, appraisers and insurance agents might take these occupancy shifts into account when assessing property values and risk. Real estate agents could focus more on marketing principal residences given their popularity.
Economic Outlook
Bradley County, Arkansas has seen a notable rise in average taxable income per tax return, going from $39,781.76 in 2013 to $47,444.58 in 2021. This upward trend suggests a gradually improving economic environment, which could be attractive to potential residents seeking financial growth and stability. However, average state and local income taxes per tax return have also increased from $5,809.09 in 2012 to $7,972.73 in 2021, signaling a rise in financial obligations for residents.... Read more
Average Taxable Income per Tax Return in Bradley County, AR over the last 9 years
Bradley County, AR has seen a notable rise in average taxable income per tax return over the past nine years, increasing from $39,781.76 in 2013 to $47,444.58 in 2021. This upward trend is especially significant considering the relative stability observed from 2019 to 2020 before a marked increase in 2021. These figures suggest a gradually improving economic environment, which could be attractive to potential residents seeking financial growth and stability.
Average State and Local Income Taxes Per Tax Return in Bradley County, AR Over the Last 10 Years
Over the past decade, Bradley County, AR, has experienced notable fluctuations in average state and local income taxes per tax return, with a marked increase from $5,809.09 in 2012 to $7,972.73 in 2021. The peak occurred in 2019 at $8,445.45. This upward trend indicates a significant rise in the financial obligations for residents, which could impact household budgeting and cost of living considerations for both current and potential future residents.
Average Total Tax Liability Per Tax Return in Bradley County, AR Over the Last 10 Years
Over the past decade, Bradley County, Arkansas has experienced fluctuations in average total tax liability per tax return, peaking in 2015 at $6,678.62 and dipping to a low in 2020 at $5,022.05. This variability indicates an evolving economic landscape which potential investors and residents should consider when evaluating the area's fiscal stability. Understanding these trends is crucial for anyone looking to invest in property or settle in the county, as they provide insight into the county's economic health and potential future tax burdens.
Cost of Living in Bradley County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,005 | $1,347 | $1,862 | $966 | $1,031 |
| 1 adult 4 children | $1,005 | $1,100 | $1,425 | $966 | $1,174 |
| 2 adults 3 children | $1,005 | $1,101 | $1,616 | $966 | $810 |
| 1 adult 3 children | $1,005 | $898 | $1,178 | $966 | $879 |
| 2 adults 2 children | $720 | $901 | $1,369 | $839 | $686 |
| 1 adult 2 children | $720 | $673 | $931 | $839 | $637 |
| 2 adults 1 child | $720 | $712 | $1,122 | $426 | $652 |
| 1 adult 1 child | $720 | $460 | $684 | $426 | $566 |
| 2 adults | $568 | $572 | $875 | $0 | $541 |
| 1 adult | $539 | $312 | $438 | $0 | $503 |
Safety trends & Data
Property crimes in Bradley County, Arkansas have shown some notable fluctuations over the past five years. While burglary incidents reached a high of six in 2019, they dropped significantly to just one by 2022. Larceny-theft incidents varied, approaching a high of nine in 2022. Vandalism saw a drop from six cases in 2018 to just one by 2021, hinting at possible community improvements. Motor vehicle thefts remained low, with a maximum of two incidents per year. These mixed trends could be... Read more
Property Crime Trends in Bradley County, AR Over the Last 5 Years
Bradley County, Arkansas has seen fluctuating trends in property crimes over the last five years. While burglary incidents peaked in 2019 with six cases, they notably dropped to just one case by 2022. Larceny-theft has also shown variability, hitting a high of nine incidents in 2022. Interestingly, vandalism incidents saw a sharp decline from six cases in 2018 to just one in 2021, indicating potential improvements in community vigilance or law enforcement. Motor vehicle thefts remained relatively low, peaking at two incidents per year. Property crime data could suggest mixed signals for investors and stakeholders; these fluctuations might represent changing socio-economic conditions or shifts in crime prevention strategies.
Demographics
In Bradley County, Arkansas, the adult population is slightly skewed towards females. Educationally, a significant portion of the population holds at least a high school diploma, with over a third having some college experience or a degree. Age distribution reveals a balanced spectrum, though there might be a need for services catering to those in their later years. The racial composition is predominantly White, but there's a considerable African American community, and smaller groups from... Read more
Race Distribution in Bradley County, Arkansas (2022)
Educational Attainment in Bradley County, Arkansas (2022)
Age Distribution in Bradley County, Arkansas
Citizen Population in Bradley County, Arkansas (2022)
Political Trends & Data
Bradley County, Arkansas showed a significant leaning towards the Republican Party in the 2020 U.S. Presidential Election, with approximately 64% of the votes. Democrats captured about 33%, indicating a noticeable, though not dominant, presence. Minor parties like the Libertarian and Green parties garnered minimal support, with the Libertarians receiving just under 1%. This suggests that while there is some diversity of political opinion, the county's political climate is predominantly... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Bradley County, Arkansas showed a significant leaning towards the Republican party in the 2020 U.S. Presidential Election, with approximately 64% of the votes. Democrats captured about 33%, indicating a noticeable, though not dominant, presence. Minor parties like the Libertarian and Green parties garnered minimal support, with the Libertarians receiving just under 1%. This suggests that while there is some diversity of political opinion, the county's political climate is predominantly Republican.
63.90% of voters voted for the Republican party in the 2020 Presidential Election
33.22% of voters voted for the Democrat party in the 2020 Presidential Election
0.90% 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
1.86% of voters voted for the Other party in the 2020 Presidential Election
School Data
Bradley County, Arkansas, has experienced shifts in its student-to-teacher ratio, peaking at 14 students per teacher in 2021 but stabilizing back to 12 in 2023, compared to a national average of 14. This trend implies more individualized attention in classrooms, which might be appealing to investors, educators, and families considering a move. For appraisers and insurance agents, such demographic details can offer insights into future demand and risk factors in the... Read more
Student-to-teacher ratio in Bradley County, Arkansas over the last 10 years
Bradley County, Arkansas has seen fluctuations in its student-to-teacher ratio over the past decade, starting at approximately 12 students per teacher in 2014 and experiencing its highest point at around 14 students in 2021. Recently, the ratio has stabilized back to 12 in 2023. Compared to the national average of 14 students per teacher, Bradley County consistently offers a more favorable, smaller classroom size. For investors, educators, or families considering a move, this trend might suggest improved individual student attention and potentially higher educational outcomes. Moreover, for appraisers and insurance agents, understanding demographic trends like these could be key in assessing future demand and risk factors in the area.
