Fulton County Real Estate and Livability Trends
Fulton County, Arkansas, has seen impressive economic growth, with average taxable incomes rising to $46,646.41 in 2021, and higher local income taxes suggesting a robust community. Median home values also climbed from $84,400 in 2020 to $100,000 in 2022, likely reflecting increased homeowner investment. Despite a rise in property crimes, educational improvements such as a drop in... Read more
Fulton County Market Trends
Fulton County, Arkansas has seen fluctuating median home values, notably rising from $84,400 in 2020 to $100,000 in 2022, which could suggest renewed interest or investment in the area. Energy tax credits have varied significantly, peaking at $1,433.33 in 2015 and recovering to $1,325.00 in 2021, indicating potential opportunities for energy-efficient investments. Average real estate taxes have... Read more
Median Value of Occupied Housing Units in Fulton County, Arkansas Over the Last 8 Years
Over the last eight years, Fulton County, Arkansas experienced fluctuating median home values, with an uptick from $84,400 in 2020 to $100,000 in 2022, which suggests renewed interest or investment in the area. When compared to the state of Arkansas and the national market, Fulton County's median home values have consistently been lower. In 2022, Arkansas's median value reached $162,400, while the national median soared to $179,400. This could present opportunities for more affordable housing options for those looking to invest or move to Fulton County.
Residential Energy Tax Credit Per Tax Return in Fulton County, AR Over the Last 7 Years
Fulton County, Arkansas has experienced significant fluctuations in residential energy tax credits over the past seven years. After a notable peak at $1,433.33 in 2015, the average credit dropped sharply, leveling out to a low of $350.00 in 2020, before jumping back to $1,325.00 in 2021. This volatility indicates a dynamic market with potential opportunities for savvy investors focused on energy-efficient home improvements and tax incentives.
Average Real Estate Taxes Per Tax Return in Fulton County, AR Over the Last 10 Years
Fulton County, Arkansas has seen fluctuations in average real estate taxes per tax return over the past decade, with notable increases in 2018 ($1857.14) and steady growth from 2019 ($1214.29) to 2021 ($1600.00). This trend suggests a potential rise in property value and demand, which could be a point of interest for investors and property buyers. Despite some variability, the general upward movement in taxes may indicate a strengthening local real estate market.
Percentage of Farm Returns in Fulton County, AR Over the Last 10 Years
Farm tax returns in Fulton County, Arkansas, have shown minor fluctuations over the past decade, hovering around 15% to 16%. The highest percentage was seen in 2018 at roughly 16.48%, with a slight dip in 2020 to about 15.31%. Investors, potential residents, and developers might find this data interesting as it speaks to the relative stability of agricultural activity in the county, suggesting a consistent farming presence which could impact local economic conditions and land use trends. Keep in mind, farm tax returns are essentially the tax forms submitted by farm owners and operators, indicating agricultural income and expenditure, which can serve as an economic indicator for the area's agricultural productivity and viability.
Number of Mortgages by Occupancy Type in Fulton County, AR Over the Last 5 Years in Fulton County
Over the last five years, Fulton County, Arkansas, has seen a noticeable increase in the number of mortgages for principal residences, peaking in 2021 with 481 mortgages. Investment property mortgages have also seen growth, though at a more modest level, topping at 35 in 2021. Second residences saw a slight uptick but remained relatively stable, fluctuating minimally. Changes in occupancy type trends matter as they can indicate shifts in housing demand, investment opportunities, and potential changes in the local economy. Higher numbers of principal residence mortgages suggest potential growth in permanent population, which could attract investors and developers. Variations in investment property figures might hint at evolving market dynamics, influencing how appraisers and insurance agents assess property values and risks. For real estate agents and those looking to move to or invest in the area, these trends provide valuable insights into market conditions and future real estate potential.
Economic Outlook
Fulton County, Arkansas, has shown impressive economic development, with average taxable income per tax return rising from $35,429.53 in 2013 to $46,646.41 in 2021. This economic upswing, coupled with a consistent increase in state and local income taxes—from $4,812.96 in 2012 to $7,828.57 in 2021—suggests a growing and financially robust community. Moreover, total tax liabilities per tax return peaked at $5,926.55 in 2021, indicating strong fiscal responsibility among residents. These... Read more
Average Taxable Income per Tax Return in Fulton County, AR over the last 9 years
Over the past nine years, Fulton County, AR has seen a steady increase in average taxable income per tax return, growing from $35,429.53 in 2013 to $46,646.41 in 2021. This upward trend underscores the economic development within the county, making it an attractive option for those looking to invest, build property, or move there.
Average State and Local Income Taxes Per Tax Return in Fulton County, AR Over the Last 10 Years
Fulton County, AR, has seen a notable increase in average state and local income taxes per tax return over the past decade. Starting at $4,812.96 in 2012, the amount climbed consistently, reaching $7,828.57 in 2021. The most significant jumps occurred in 2018 and 2019, with values of $6,866.67 and $7,057.14, respectively. This upward trend in tax liabilities could impact residents' cost of living and influence decisions for potential movers considering the financial implications of living in the area.
Average Total Tax Liability Per Tax Return in Fulton County, AR Over the Last 10 Years
Fulton County, Arkansas has experienced a noticeable upward trend in total tax liability per tax return over the past decade, peaking at $5,926.55 in 2021. Despite some fluctuations, the overall increase suggests a growing fiscal responsibility among residents. This matters for potential investors and property builders, reflecting economic growth and possibly higher disposable incomes, making the area a fertile ground for new ventures and real estate development.
Cost of Living in Fulton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,000 | $1,307 | $1,862 | $966 | $999 |
| 1 adult 4 children | $1,000 | $1,067 | $1,425 | $966 | $1,141 |
| 2 adults 3 children | $1,000 | $1,068 | $1,616 | $966 | $788 |
| 1 adult 3 children | $1,000 | $872 | $1,178 | $966 | $852 |
| 2 adults 2 children | $720 | $874 | $1,369 | $839 | $669 |
| 1 adult 2 children | $720 | $653 | $931 | $839 | $617 |
| 2 adults 1 child | $720 | $691 | $1,122 | $426 | $637 |
| 1 adult 1 child | $720 | $446 | $684 | $426 | $553 |
| 2 adults | $547 | $555 | $875 | $0 | $522 |
| 1 adult | $481 | $303 | $438 | $0 | $473 |
Safety trends & Data
Property crime trends in Fulton County, Arkansas show that larceny-theft is a significant concern, particularly with a spike to 19 incidents in 2022. Vandalism remains relatively steady, while motor vehicle theft saw a noticeable increase to 6 cases last year. These patterns, including fluctuating instances of arson, burglary, and fraud, could impact real estate valuations and insurance premiums. Potential movers may consider these trends when assessing the perceived safety of the... Read more
Property Crime Trends in Fulton County, AR Over the Last 5 Years
Larceny-theft has been the most prevalent property crime in Fulton County, Arkansas over the past five years, with a noticeable spike to 19 reported incidents in 2022. Vandalism maintains relatively steady numbers, fluctuating between 2 and 7 incidents annually. Meanwhile, motor vehicle theft saw a rise in 2022 with 6 cases, compared to minimal activity in prior years. There is less consistency in less common crimes like arson, burglary, and fraud, but these still contribute to the overall property crime landscape, impacting insurance premiums and investment decisions. These trends underscore the variable nature of property crime, which could influence real estate valuations and the perceived safety of the area for potential movers.
Demographics
Fulton County, Arkansas, presents a slightly higher female population and a predominantly white demographic. A significant portion of the population has at least completed high school, with high school graduates and some college but no degree as the most common educational attainments. The county has a notable aging population, with those 55 to 74 years forming a substantial part. This data might reflect on service demand in healthcare, eldercare, and educational outreach programs tailored to... Read more
Race Distribution in Fulton County, Arkansas (2022)
Educational Attainment in Fulton County, Arkansas (2022)
Age Distribution in Fulton County, Arkansas
Citizen Population in Fulton County, Arkansas (2022)
Political Trends & Data
In Fulton County, Arkansas, the 2020 U.S. Presidential Election results indicated a strong Republican preference, with around 77% of the votes going to the GOP. The Democratic Party received about 20%, while minor parties like the Libertarian and Green parties gathered minimal support. This significant lean toward Republican candidates may suggest a conservative inclination in local political and socio-economic attitudes, potentially influencing community development and real estate market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Fulton County, Arkansas, the 2020 U.S. Presidential Election results show a significant lean toward the Republican Party, with roughly 77% of the votes. Meanwhile, the Democratic Party secured approximately 20% of the votes, and minor parties like the Libertarian and Green parties garnered minimal support, around 0.7% and 0.08%, respectively. This stark difference suggests that Fulton County may exhibit strong conservative preferences compared to diversely voting regions.
77.38% of voters voted for the Republican party in the 2020 Presidential Election
20.22% of voters voted for the Democrat party in the 2020 Presidential Election
0.74% of voters voted for the Livertarian party in the 2020 Presidential Election
0.08% of voters voted for the Green party in the 2020 Presidential Election
1.58% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the last decade, Fulton County, Arkansas, has experienced a drop in the student-to-teacher ratio from just over ten in 2014 to fewer than nine by 2023, notably lower than the national average of fourteen. This trend could make the area more appealing to families prioritizing education quality, which might affect real estate demand and property values. It also holds implications for those involved in educational services and infrastructure... Read more
Student-to-teacher ratio in Fulton County, Arkansas over the last 10 years
Over the last decade, Fulton County, Arkansas, has seen a steady decrease in the student-to-teacher ratio, dropping from just over ten students per teacher in 2014 to fewer than nine students per teacher by 2023. This trend stands out compared to the national average of fourteen students per teacher. A lower student-to-teacher ratio can signal more personalized attention for students, potentially making the area more attractive to families prioritizing education quality. This could influence real estate demand and property values as well as considerations for those involved in education services and infrastructure planning.
