Jackson County Real Estate and Livability Trends
Jackson County, Arkansas has seen median home values rise from $60,600 in 2015 to $85,700 in 2022, which outpaces both state and national trends and might attract investors. Notably, in 2021, there was a spike in residential energy tax credits averaging $725.00, indicating greater interest in energy-efficient home improvements. Real estate taxes in the county have fluctuated, peaking at $1,784.62... Read more
Jackson County Market Trends
Jackson County, Arkansas has witnessed its median home values jump from $60,600 in 2015 to $85,700 in 2022, a notable growth compared to state and national trends, making it potentially attractive for investment. A remarkable shift in residential energy tax credits was observed in 2021, with an average credit of $725.00, suggesting enhanced interest in energy-efficient upgrades. Real estate taxes... Read more
Median Value of Occupied Housing Units in Jackson County, Arkansas Over the Last 8 Years
Jackson County, Arkansas has seen median home values increase from $60,600 in 2015 to $85,700 in 2022, indicating a steady upward trend. This growth might appeal to those looking to invest or move, especially when compared to the broader trends. The state of Arkansas saw its median home values rise from $111,400 to $162,400 in the same period, while national values climbed from $125,500 to $179,400. This suggests that although Jackson County's values remain lower than both the state and national averages, its growth has been quite significant, potentially offering a relatively affordable opportunity with optimistic appreciation rates.
Residential Energy Tax Credit Per Tax Return in Jackson County, AR Over the Last 6 Years
Jackson County, Arkansas has seen a dynamic shift in residential energy tax credits over the last six years. Notably, while 2013 through 2016 showed fluctuations with credits averaging between $240.00 and $325.00, a significant jump occurred in 2021 with an average credit of $725.00. This substantial increase suggests growing investments in energy-efficient home improvements and possibly new county or state incentives geared at promoting sustainable living. These economic indicators could make Jackson County an attractive location for environmentally conscious homeowners and investors looking to capitalize on green initiatives.
Average Real Estate Taxes Per Tax Return in Jackson County, AR Over the Last 10 Years
In Jackson County, Arkansas, average real estate taxes per tax return have shown both growth and volatility over the last decade. While starting at $1049.15 in 2012, taxes increased incrementally until a notable spike in 2018, reaching $1784.62. This was followed by a slight decrease but remained relatively high with $1581.82 in 2021. These rapid changes could suggest shifts in local economic factors or property valuation trends, possibly impacting investment strategies, real estate decisions, and tax planning for both existing residents and future investors.
Percentage of Farm Returns in Jackson County, AR Over the Last 10 Years
The percentage of farm tax returns in Jackson County, Arkansas, over the last decade has seen a slight decline, starting at around 4.93% in 2012 and dropping to approximately 4.01% by 2021. This gradual decrease might suggest subtle shifts in the local agricultural economy or changes in how farms report income. For investors and property developers, understanding these trends could provide insight into the region's economic health and the viability of agricultural investments. Those looking to move here may want to consider how these economic factors align with their goals and interests.
Number of Mortgages by Occupancy Type in Jackson County, AR Over the Last 5 Years in Jackson County
Trends in Jackson County, Arkansas, show a steady preference for principal residences, peaking at 479 mortgages in 2021, while second residences have languished with numbers rarely breaking double digits. Investment properties have seen modest but consistent interest, peaking at 39 mortgages in 2020. Changes in occupancy type can signal shifts in the local housing market, with investors possibly looking for rental income or flipping opportunities, while higher numbers of principal residences might indicate growth in population or local economy. These trends are crucial for potential investors, developers, and real estate agents as they can help anticipate market demands and adjust strategies accordingly.
Economic Outlook
Jackson County, Arkansas has seen a rise in average taxable income per tax return from $40,198.15 in 2013 to $47,619.82 in 2021, indicating growing economic stability and earning potential. However, the county has experienced significant fluctuations in average state and local income taxes, peaking at $9,864.29 in 2019 and remaining higher compared to the previous decade. The average total tax liability per tax return has shown moderate increases, hitting $6,609.33 in 2021, suggesting economic... Read more
Average Taxable Income per Tax Return in Jackson County, AR over the last 9 years
Jackson County, AR has seen a steady increase in average taxable income per tax return over the past nine years, rising from $40,198.15 in 2013 to $47,619.82 in 2021. This upward trend indicates a growing economic stability and increasing earning potential for residents, making it an attractive location for investment, new residents, and property development. With a notable spike in 2021, it's clear the area is progressing, reflecting positive economic conditions.
Average State and Local Income Taxes Per Tax Return in Jackson County, AR Over the Last 10 Years
Over the last decade, Jackson County, AR has seen significant fluctuations in average state and local income taxes per tax return. After relatively steady levels around $6,700.00 to $7,000.00 from 2012 to 2017, there was a noticeable rise starting in 2018, peaking at $9,864.29 in 2019 before slightly leveling off. The recent higher tax burdens around $9,783.33 in 2021 could impact financial planning for both current residents and prospective movers.
Average Total Tax Liability Per Tax Return in Jackson County, AR Over the Last 10 Years
Over the last decade, the average total tax liability per tax return in Jackson County, Arkansas, has shown some fluctuations, hitting a low of $5,692.39 in 2018 and climbing to a peak of $6,609.33 in 2021. Despite some dips, the overall trend suggests a moderate increase, indicating a growth in income or adjustments in tax policy that could be relevant for potential investors or new residents. The recent peak might also reflect economic recovery post-pandemic, a potential sign of a resilient local economy for anyone considering moving to, building property, or investing in Jackson County.
Cost of Living in Jackson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $876 | $1,311 | $1,862 | $966 | $921 |
| 1 adult 4 children | $876 | $1,071 | $1,425 | $966 | $1,031 |
| 2 adults 3 children | $876 | $1,071 | $1,616 | $966 | $727 |
| 1 adult 3 children | $876 | $874 | $1,178 | $966 | $767 |
| 2 adults 2 children | $720 | $877 | $1,369 | $839 | $655 |
| 1 adult 2 children | $720 | $655 | $931 | $839 | $601 |
| 2 adults 1 child | $720 | $693 | $1,122 | $426 | $624 |
| 1 adult 1 child | $720 | $448 | $684 | $426 | $539 |
| 2 adults | $547 | $557 | $875 | $0 | $511 |
| 1 adult | $539 | $304 | $438 | $0 | $481 |
Safety trends & Data
Property crime in Jackson County, Arkansas, has experienced significant variability over the past five years. Larceny-theft spiked in 2020 with 68 arrests but dropped to 19 by 2022. Burglary incidents doubled from 7 in 2020 to 16 in 2022, while motor vehicle theft peaked at 7 in 2021. Vandalism arrests have consistently decreased from 15 in 2020 to 6 in 2022. These fluctuations suggest evolving crime patterns that could impact real estate investment decisions and residential... Read more
Property Crime Trends in Jackson County, AR Over the Last 5 Years
Property crime trends in Jackson County, Arkansas over the last five years reveal notable fluctuations. While larceny-theft peaked in 2020 at 68 arrests, it notably dropped to 19 by 2022. Burglary arrests show a significant rise from 7 incidents both in 2018 and 2020, to 16 in 2022. Motor vehicle theft has seen sporadic changes, with the highest count recorded in 2021 at 7 incidents. Vandalism arrests show a decline since 2020, from 15 to 6 in 2022. These trends may imply shifting priorities for local law enforcement and evolving crime patterns, which are critical for investors, real estate agents, and residents to consider.
Demographics
Jackson County, Arkansas, has a balanced adult population, with male and female numbers almost equal. However, educational attainment reveals that most residents are high school graduates, but only a small fraction has advanced degrees. The age distribution skews slightly towards middle-aged adults, and there's a noticeable presence of older residents over 65. The racial composition is predominantly White, although there's some diversity with African Americans making up a significant... Read more
Race Distribution in Jackson County, Arkansas (2022)
Educational Attainment in Jackson County, Arkansas (2022)
Age Distribution in Jackson County, Arkansas
Citizen Population in Jackson County, Arkansas (2022)
Political Trends & Data
The real estate market in Jackson County, Arkansas, is likely shaped by its predominantly Republican stance, with the GOP capturing about 70% of the 2020 vote. This political leaning might hint at conservative investment behaviors or preferences for lower taxes, potentially affecting both residential and commercial property dynamics. The minor support for third-party candidates suggests a strong adherence to traditional values, possibly impacting development initiatives and community projects... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jackson County, Arkansas, the 2020 U.S. Presidential Election results suggest a strong leaning towards the Republican party, capturing around 70% of the vote. Democrats, in contrast, garnered roughly 27%. Minor parties, including Libertarians and the Green party, collectively made up a small fraction of the total vote, indicating a potential preference for the two major parties among voters in this county. This data might reflect broader political trends in rural counties within the state.
70.58% of voters voted for the Republican party in the 2020 Presidential Election
26.81% of voters voted for the Democrat party in the 2020 Presidential Election
0.73% of voters voted for the Livertarian party in the 2020 Presidential Election
0.10% of voters voted for the Green party in the 2020 Presidential Election
1.79% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Jackson County, Arkansas has varied significantly in recent years, peaking at over 13 students per teacher in 2018 and dropping to 10 in 2021. This lower ratio may appeal to potential residents seeking better educational outcomes, given the national average is 14. Investors might also find this data valuable, as better education quality can enhance local property values, a crucial point for real estate agents and home... Read more
Student-to-teacher ratio in Jackson County, Arkansas over the last 10 years
The student-to-teacher ratio in Jackson County, Arkansas has shown fluctuations over the past decade, peaking at slightly over thirteen students per teacher in 2018 before decreasing to a low of ten in 2021. This variation could have implications for anyone considering a move to the area, as lower student-to-teacher ratios often suggest more personalized attention and potentially better educational outcomes compared to the national average of fourteen. This metric can also be crucial for investors, as education quality impacts local property values. Real estate agents and home builders might find these trends significant when discussing the benefits of residing in or relocating to Jackson County.
