Clark County Real Estate and Livability Trends
In Clark County, Arkansas, median home values have climbed from $87,200 in 2015 to $143,300 in 2022, outstripping state averages and signaling ripe investment prospects as it aligns more closely with national trends. Meanwhile, the rise in average residential energy tax credits from $344.44 in 2013 to $1242.86 in 2021 underscores a local push towards energy efficiency. The real estate tax hike to... Read more
Clark County Market Trends
Clark County, Arkansas, has seen median home values soar from $87,200 in 2015 to $143,300 in 2022, outpacing the state's average growth and suggesting potential investment opportunities as it closes the gap with national trends. The average residential energy tax credit per tax return has also jumped from $344.44 in 2013 to $1242.86 by 2021, indicating a strong local emphasis on energy-efficient... Read more
Median Value of Occupied Housing Units in Clark County, Arkansas Over the Last 8 Years
Clark County, Arkansas has experienced substantial growth in median home values over the last eight years, climbing from $87,200 in 2015 to $143,300 in 2022. Though still trailing national figures, which rose from $125,500 to $179,400 in the same period, Clark County's growth rate significantly outpaces the Arkansas state average, which increased from $111,400 to $162,400. This could hint at emerging investment opportunities within Clark County as the area narrows the gap with broader markets.
Residential Energy Tax Credit Per Tax Return in Clark County, AR Over the Last 8 Years
In recent years, Clark County, Arkansas, has seen a substantial increase in the average residential energy tax credit per tax return. From $344.44 in 2013, the credit has skyrocketed to $1242.86 by 2021. This upward trend indicates a growing emphasis on energy-efficient investments among residents, making the county an attractive option for those interested in green living and sustainable property development. For investors and potential homeowners, this data suggests that properties in Clark County are likely to receive significant financial incentives for energy-efficient improvements, reflecting broader trends in environmental awareness and sustainability in the area.
Average Real Estate Taxes Per Tax Return in Clark County, AR Over the Last 10 Years
Over the past decade, Clark County, Arkansas has seen a notable upward trend in real estate taxes per tax return, peaking at $2,200.00 in 2020 before slightly dipping to $1,935.71 in 2021. This increase could signal a rise in property valuations, suggesting potential growth opportunities for investors. The sharp jump in 2020, followed by a correction, implies market volatility that savvy investors might want to explore further. For those considering building or moving to the area, understanding these tax trends is crucial for budgeting and long-term financial planning.
Percentage of Farm Returns in Clark County, AR Over the Last 10 Years
The percentage of farm tax returns in Clark County, Arkansas, has hovered around 3.80% to 4.14% over the past decade, showing slight fluctuations without a clear upward or downward trend. Farm tax returns represent the portion of tax forms filed by farming operations, providing insight into the agricultural activity within the county. For investors, developers, or potential residents, this consistency underscores a steady agricultural presence, indicating reliable land use and potential opportunities within the farming sector. These trends are valuable for gauging the economic stability and rural investment prospects in the area.
Number of Mortgages by Occupancy Type in Clark County, AR Over the Last 5 Years in Clark County
Over the past five years in Clark County, Arkansas, mortgages for principal residences have surged, peaking in 2021 with 837, while investment property mortgages have generally trended downward, dipping to 57 in 2021. This shift suggests a preference for home purchases over investments, possibly driven by housing demand or economic factors unique to the area. Notably, second residence mortgages have remained relatively stable but minimal, hinting at a limited market for vacation homes. These trends offer invaluable insights for investors, real estate agents, and appraisers, highlighting the importance of focusing on principal residences and understanding the declining interest in investment properties.
Economic Outlook
In Clark County, Arkansas, the average taxable income per tax return has grown steadily from $41,104.56 in 2013 to $52,067.35 in 2021, hinting at a stronger local economy and rising resident prosperity. However, state and local income taxes have shown significant fluctuations, peaking at $9,640.74 in 2020 before slightly dropping. With the total tax liability per tax return stabilizing around $6,700 in recent years, potential movers and investors should weigh these financial dynamics when... Read more
Average Taxable Income per Tax Return in Clark County, AR over the last 9 years
Clark County, AR has seen a steady upward trend in average taxable income per tax return over the past nine years, increasing from about $41,104.56 in 2013 to approximately $52,067.35 in 2021. This consistent rise in taxable income reflects a strengthening local economy and suggests a growing prosperity among residents. For those considering investments or relocation, these figures highlight the county's financial stability and potential for economic growth.
Average State and Local Income Taxes Per Tax Return in Clark County, AR Over the Last 10 Years
Clark County, AR has experienced notable fluctuations in average state and local income taxes per tax return over the past decade, with values rising significantly from $5,273.72 in 2012 to a peak of $9,640.74 in 2020 before dropping to $7,965.52 in 2021. The most pronounced change was between 2017 and 2018, where taxes jumped from $5,621.54 to $8,533.33, indicative of potentially changing tax policies or economic conditions impacting residents. Such trends are crucial for potential movers and current residents to consider, affecting financial planning and overall cost of living in the area.
Average Total Tax Liability Per Tax Return in Clark County, AR Over the Last 10 Years
Over the past decade, Clark County, Arkansas has seen a notable fluctuation in average total tax liability per tax return. The peak year was 2014 with an average of $6,925.80, while the lowest point was in 2012 at $5,409.67. Despite some ups and downs, recent years have shown a stabilization around the $6,700 mark. These trends suggest varying economic conditions and income levels in the county, making it essential for investors and prospective residents to consider the financial climate when planning future moves or investments.
Cost of Living in Clark County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,006 | $1,363 | $1,862 | $966 | $1,007 |
| 1 adult 4 children | $1,006 | $1,113 | $1,425 | $966 | $1,175 |
| 2 adults 3 children | $1,006 | $1,114 | $1,616 | $966 | $813 |
| 1 adult 3 children | $1,006 | $909 | $1,178 | $966 | $855 |
| 2 adults 2 children | $720 | $912 | $1,369 | $839 | $671 |
| 1 adult 2 children | $720 | $681 | $931 | $839 | $617 |
| 2 adults 1 child | $720 | $721 | $1,122 | $426 | $640 |
| 1 adult 1 child | $720 | $465 | $684 | $426 | $554 |
| 2 adults | $629 | $579 | $875 | $0 | $551 |
| 1 adult | $552 | $316 | $438 | $0 | $500 |
Safety trends & Data
Clark County, Arkansas has seen some interesting trends in property crimes over the past five years. Larceny-theft typically leads in numbers, peaking at 52.00 in 2019 but settling at 46.00 in 2022. Burglary notably spiked in 2021 with 12.00 incidents, and vandalism seems to be gradually increasing, from 8.00 in 2018 to 13.00 in 2022. Although motor vehicle theft remains low and relatively stable, minor but steady activity in forgery and stolen property offenses could subtly influence property... Read more
Property Crime Trends in Clark County, AR Over the Last 5 Years
Clark County, Arkansas has experienced notable fluctuations in property crimes over the past five years. Larceny-Theft generally tops the charts with totals like 36.00 in 2018, peaking at 52.00 in 2019, and stabilizing around 46.00 in 2022. Burglary saw a significant spike in 2021 with 12.00 incidents compared to the close-to-single-digit values for other years. Vandalism appears to be on a gradual rise, from 8.00 in 2018 to 13.00 in 2022. Meanwhile, Motor Vehicle Theft remains relatively stable but low, and categories such as Forgery and Counterfeiting alongside Stolen Property offenses show minimal but consistent activity. Potential investors, residents, and real estate professionals should consider these crime trends when making decisions as they could impact property values and insurance premiums.
Demographics
Clark County in Arkansas reflects a consistent gender balance with a slightly higher female population. Educational attainment skews heavily towards high school graduates and individuals with some college experience, indicating a workforce potentially well-suited for diversified industries. Age distribution data reveals a significant young adult and middle-aged demographic, which could suggest labor readiness. Racially, the county is predominantly White, with a notable African American... Read more
Race Distribution in Clark County, Arkansas (2022)
Educational Attainment in Clark County, Arkansas (2022)
Age Distribution in Clark County, Arkansas
Citizen Population in Clark County, Arkansas (2022)
Political Trends & Data
Clark County, Arkansas's 2020 U.S. Presidential Election results indicated a likely Republican tilt, with Republicans capturing approximately 55% of the vote compared to around 41% for Democrats. Minor parties and other affiliations collectively secured about 4%. This voting pattern could provide insights into the political climate and demographic influences of the area, highlighting a robust Republican presence alongside a significant Democratic... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Clark County, Arkansas, the 2020 U.S. Presidential Election saw Republicans potentially leading with approximately 55% of the vote, while Democrats garnered around 41%. Minor parties like the Libertarians and Greens, alongside other affiliations, collectively captured roughly 4% of the vote. Such distribution could reflect broader political trends and demographic influences within the county, hinting at a solid Republican presence coupled with a notable Democratic minority.
54.99% of voters voted for the Republican party in the 2020 Presidential Election
40.95% of voters voted for the Democrat party in the 2020 Presidential Election
0.94% of voters voted for the Livertarian party in the 2020 Presidential Election
0.57% of voters voted for the Green party in the 2020 Presidential Election
2.55% of voters voted for the Other party in the 2020 Presidential Election
School Data
Clark County, Arkansas, has enjoyed a student-to-teacher ratio below the national average of 14 over the past decade, typically hovering around 12 to 13. This lower ratio could appeal to families seeking more personalized education for their children. Real estate agents might find this an effective selling point, while investors and developers in education-related services might see opportunities for school-focused infrastructure... Read more
Student-to-teacher ratio in Clark County, Arkansas over the last 10 years
Clark County, Arkansas has maintained a student-to-teacher ratio consistently below the national average of 14 over the past decade. Ratios fluctuated slightly year over year, peaking at nearly 14 students per teacher in 2022 but generally residing around 12 to 13. This relatively low student-to-teacher ratio could be attractive for parents considering moving to the area due to potentially more individualized attention for students. For real estate agents, this factor might be a selling point for families. Investors, developers, and those in education-related services might also find this trend useful when assessing the area's potential for school-related infrastructure and services.
