Carroll County Real Estate and Livability Trends
Carroll County, Arkansas has seen median home values rise from $116,200 in 2015 to $169,700 in 2022, outstripping state and national trends and indicating solid investment potential. Average taxable income per return also increased from $35,734.22 in 2013 to $52,414.89 in 2021, showing economic growth. However, the increased state and local income taxes—from $4,853.16 in 2012 to $12,461.54 in... Read more
Carroll County Market Trends
Carroll County, Arkansas, has witnessed a steady climb in median home values, outpacing state and national trends from $116,200 in 2015 to $169,700 in 2022, indicating strong investment potential. Energy tax credits have shown notable peaks, particularly in 2018 at $3,350.00, hinting at a growing emphasis on energy-efficient home improvements. Real estate taxes have surged from $1,666.12 in 2012... Read more
Median Value of Occupied Housing Units in Carroll County, Arkansas Over the Last 8 Years
Carroll County, Arkansas has seen a steady rise in median home values over the past eight years. From $116,200 in 2015 to $169,700 in 2022, this growth reflects a broader trend seen across the state and nation. While home values in Arkansas started at $111,400 in 2015 and reached $162,400 by 2022, the national median grew from $125,500 to $179,400 in the same period. This positions Carroll County as a competitive area for investment, residential moves, or development, aligning well with both state and national housing trends.
Residential Energy Tax Credit Per Tax Return in Carroll County, AR Over the Last 9 Years
Carroll County, Arkansas has seen notable fluctuations in the average residential energy tax credit per tax return over the past nine years. Significant spikes occurred in 2015, 2017, and particularly in 2018 when it peaked at $3,350.00, suggesting increased investment in energy-efficient home improvements during these years. More recent years show an overall upward trend, reaching $1,863.64 in 2021, indicating a growing focus on sustainable energy solutions among residents. These trends reveal opportunities for investors and developers in renewable energy and energy efficiency sectors within the county.
Average Real Estate Taxes Per Tax Return in Carroll County, AR Over the Last 10 Years
Carroll County, Arkansas has experienced a notable upward trend in real estate taxes per tax return over the past decade. Starting at approximately $1,666.12 in 2012, the average steadily increased, hitting $2,665.00 by 2021. A significant jump occurred between 2017 and 2018, where the average spiked from roughly $1,925.15 to $2,500.00. With increasing property taxes, potential investors or residents should be aware of the rising costs associated with property ownership in this area.
Percentage of Farm Returns in Carroll County, AR Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Carroll County, Arkansas has fluctuated slightly. Starting at 8.45% in 2012, the returns peaked at 8.79% in 2017. Despite some variations, including a low of 8.08% in 2020, these numbers indicate a relatively stable farming sector. Farm tax returns reflect the income generated from agricultural activities and can be an important measure for those interested in investing in farmland, moving to a rural setting, or building property related to agriculture. This stability can signal a dependable agricultural economy in Carroll County, making it a potentially attractive location for those with farming interests or investments.
Number of Mortgages by Occupancy Type in Carroll County, AR Over the Last 5 Years in Carroll County
Over the past five years in Carroll County, Arkansas, mortgage numbers reflect interesting dynamics in occupancy types. Principal residences have had the highest mortgage counts, showcasing robust demand, though there's a slight dip from 2021 to 2022. Investment property mortgages saw a notable increase in 2022 compared to previous years, perhaps indicating growing interest in rental markets or flipping opportunities. Meanwhile, second residences, although the lowest in numbers, have displayed subtle fluctuations, likely driven by shifts in vacation home interest. Such trends can impact local housing market health, investment prospects, and development priorities, making them crucial for stakeholders like investors, real estate agents, and appraisers to monitor closely.
Economic Outlook
Carroll County, Arkansas has experienced a steady rise in average taxable income per tax return, moving from $35,734.22 in 2013 to $52,414.89 in 2021, hinting at a thriving local economy and potential for robust property investments. However, state and local income taxes have also surged, jumping from around $4,853.16 in 2012 to $12,461.54 in 2021, reflecting a growing tax burden that could impact the cost of living. Additionally, the average total tax liability per tax return increased from... Read more
Average Taxable Income per Tax Return in Carroll County, AR over the last 9 years
Over the past nine years, Carroll County, AR has seen a notable increase in average taxable income per tax return, jumping from $35,734.22 in 2013 to $52,414.89 in 2021. This progressive rise suggests a strengthening local economy, making it an attractive spot for investors and potential residents looking for upward income trends, solidifying the area’s potential for healthy economic growth and property investment opportunities.
Average State and Local Income Taxes Per Tax Return in Carroll County, AR Over the Last 10 Years
State and local income taxes per tax return in Carroll County, AR have seen a consistent upward trend over the last decade, rising from approximately $4,853.16 in 2012 to $12,461.54 in 2021. Noteworthy spikes include nearly doubling between 2017 and 2018, as well as significant increases in 2020 and 2021. This pattern suggests an escalating tax burden, which may impact residents' cost of living and could be a crucial consideration for potential movers evaluating financial implications.
Average Total Tax Liability Per Tax Return in Carroll County, AR Over the Last 10 Years
Over the past decade, Carroll County, Arkansas has seen a notable increase in the average total tax liability per tax return. Starting at $4,859.18 in 2012, the figure climbed steadily, reaching $7,233.06 by 2021. This upward trend is important for potential investors and residents to consider, as it reflects broader economic shifts and possibly increasing property values in the area. For those looking to build or buy property, understanding these tax dynamics can provide valuable insights into long-term fiscal planning and investment strategy in the region.
Cost of Living in Carroll County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $884 | $1,351 | $1,862 | $966 | $970 |
| 1 adult 4 children | $884 | $1,103 | $1,425 | $966 | $1,096 |
| 2 adults 3 children | $884 | $1,104 | $1,616 | $966 | $763 |
| 1 adult 3 children | $884 | $901 | $1,178 | $966 | $814 |
| 2 adults 2 children | $726 | $904 | $1,369 | $839 | $687 |
| 1 adult 2 children | $726 | $675 | $931 | $839 | $639 |
| 2 adults 1 child | $726 | $714 | $1,122 | $426 | $655 |
| 1 adult 1 child | $726 | $461 | $684 | $426 | $569 |
| 2 adults | $552 | $574 | $875 | $0 | $537 |
| 1 adult | $485 | $313 | $438 | $0 | $488 |
Safety trends & Data
Property crime trends in Carroll County, Arkansas, have shown notable fluctuations over the past five years. Larceny-Theft incidents peaked in 2022 at $87.00, while burglary saw its highest in 2019 with $14.00 arrests. Vandalism arrests also had significant jumps in 2019 with $24.00 cases. Motor Vehicle Theft remained relatively stable, and instances of Forgery and Counterfeiting stayed low but consistent. These trends suggest a varied but persistent property crime rate that could impact... Read more
Property Crime Trends in Carroll County, AR Over the Last 5 Years
Property crime trends in Carroll County, Arkansas show a varied landscape over the past five years. Larceny-Theft incidents notably peaked in 2022 at 87.00, while remaining relatively high compared to other years. Burglary, although showing fluctuation, saw its highest in 2019 with 14.00 arrests. Vandalism arrests had significant jumps, particularly in 2019 with 24.00 cases. Motor Vehicle Theft remained relatively stable. Instances of Forgery and Counterfeiting stayed low but consistent. For those with vested interests, these trends might indicate varying but persistent property crime rates warranting cautious investment and heightened security measures.
Demographics
Carroll County, Arkansas shows a nearly balanced gender distribution, with females slightly outnumbering males. The population is predominantly White, reflecting the county's demographic makeup. Educational attainment varies significantly, with a substantial number of high school graduates and individuals with some college education but no degree. The largest age groups fall between 45 and 74 years, indicating a mature population, while the number of young adults and children is notably lower.... Read more
Race Distribution in Carroll County, Arkansas (2022)
Educational Attainment in Carroll County, Arkansas (2022)
Age Distribution in Carroll County, Arkansas
Citizen Population in Carroll County, Arkansas (2022)
Political Trends & Data
Carroll County, Arkansas, seems to lean heavily conservative, with Republican candidates potentially capturing around 63% of the vote in the 2020 U.S. Presidential Election. Democratic support was notably lower, with around 34%, while third-party candidates barely made a dent with less than 1% each. This political landscape might influence local policies and community investments, reflecting a preference for conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Carroll County, Arkansas, Republican candidates likely garnered a substantial lead in the 2020 U.S. Presidential Election, capturing around 63% of the vote. Democratic candidates trailed significantly, with approximately 34% support. Third-party options, including Libertarian and Green, received minimal backing, each capturing less than 1% of the vote. This distribution might suggest that the county leans heavily toward conservative preferences.
62.93% of voters voted for the Republican party in the 2020 Presidential Election
34.10% of voters voted for the Democrat party in the 2020 Presidential Election
0.85% of voters voted for the Livertarian party in the 2020 Presidential Election
0.41% of voters voted for the Green party in the 2020 Presidential Election
1.71% of voters voted for the Other party in the 2020 Presidential Election
School Data
Carroll County, Arkansas has maintained a student-to-teacher ratio consistently below the national average of 14 students per teacher, reaching as low as 11 students per teacher in 2022 and slightly increasing to 12 in 2023. This could signal a quality educational environment, potentially boosting property values and community satisfaction. Such metrics might be particularly useful for real estate agents and appraisers when marketing properties to prospective buyers, and insurance agents when... Read more
Student-to-teacher ratio in Carroll County, Arkansas over the last 10 years
Carroll County, Arkansas has generally seen a student-to-teacher ratio lower than the national average of 14 students per teacher over the past decade. This consistently lower ratio, dipping to a low of 11 students per teacher in 2022 before increasing slightly to 12 in 2023, could make the area particularly appealing for families prioritizing more individualized attention in education. For those looking to invest or move into the county, these numbers might indicate a quality educational environment that could enhance property values and community satisfaction. Real estate agents and appraisers might find this trend beneficial when marketing properties to prospective buyers, while insurance agents could consider these factors when calculating risk and premiums.
