Johnson County Real Estate and Livability Trends
Johnson County, Arkansas has seen a steady rise in average taxable income per tax return, jumping from $38,090.68 in 2013 to $48,113.70 in 2021, while state and local income taxes have stabilized around $8,000.00. It's an evolving economy with growing earning potential, albeit with variable tax burdens. Property values are climbing at a moderate pace, making the market attractive yet affordable,... Read more
Johnson County Market Trends
Johnson County, Arkansas is seeing a consistent rise in property values, albeit at a more moderate pace compared to state and national levels, suggesting an appealing and affordable market. A growing investment in energy-efficient improvements highlights its attractiveness for eco-conscious homeowners, especially with residential energy tax credits spiking to $2,033.33 in 2021. Meanwhile,... Read more
Median Value of Occupied Housing Units in Johnson County, Arkansas Over the Last 8 Years
Over the last 8 years, Johnson County, Arkansas, has seen a steady increase in the median value of occupied housing units, growing from $89,900 in 2015 to $119,800 in 2022. Compared to the state median, which went from $111,400 to $162,400 in the same period, Johnson County's growth is more moderate yet consistent. At the national level, housing values have seen a sharper rise, from $125,500 in 2015 to $179,400 by 2022. These trends indicate that while Johnson County's housing market is growing, it remains more affordable than broader state and national markets, potentially making it an attractive option for those looking to invest in or move to a less expensive, yet steadily appreciating area.
Residential Energy Tax Credit Per Tax Return in Johnson County, AR Over the Last 9 Years
Over the past nine years in Johnson County, Arkansas, the average residential energy tax credit per tax return has shown a significant upward trend. Starting at $384.62 in 2013, it saw modest increases until a surge in 2017 to $1,020.00. This upward spike continued, peaking dramatically at $2,033.33 in 2021. These fluctuations and the overall increase indicate a growing investment in energy-efficient home improvements, making the county an attractive location for environmentally conscious homeowners and investors.
Average Real Estate Taxes Per Tax Return in Johnson County, AR Over the Last 10 Years
In Johnson County, Arkansas, the average real estate taxes per tax return have shown a substantial increase over the past decade. Starting from $969.23 in 2012, there was a steady rise with notable jumps around 2016 ($1,268.57) and 2018 ($1,948.00). The peak came in 2020 at $2,265.22 before a slight dip in 2021 to $2,004.55. This upward trend suggests increasing property values or adjustment in tax rates, making it a critical consideration for potential investors and residents evaluating the long-term financial commitment of living or owning property in the county.
Percentage of Farm Returns in Johnson County, AR Over the Last 10 Years
The data highlights fluctuating but generally declining trends in the percentage of farm tax returns in Johnson County, Arkansas over the past decade. Starting at 6.60% in 2012, the percentage dipped variably to a low of 5.41% in 2020 before slightly rebounding to 5.55% in 2021. Farm tax returns reflect the number of tax filings from agricultural operations, providing insight into the farming activity and overall agricultural economic health. For potential investors or residents, these trends may suggest evolving dynamics in the local economy, possibly showing a shift away from traditional farming or variations in farm profitability. Understanding these shifts could be critical for those considering land investments, agricultural ventures, or gauging the economic environment in Johnson County.
Number of Mortgages by Occupancy Type in Johnson County, AR Over the Last 5 Years in Johnson County
Viewing the mortgage trends in Johnson County, Arkansas reveals a strong and consistent dominance of principal residence mortgages over the last five years, while investment properties and second residences remain relatively minimal. This trend indicates a stable, primarily owner-occupied market, which could suggest a lower risk for lenders and possibly lower insurance costs due to higher owner engagement in property upkeep. Investors might see this as a stable, but slow-growth market, whereas individuals looking to move could find a tight-knit community due to the high rate of homeownership. Changes in occupancy type can influence local infrastructure needs, school funding, and neighborhood stability, providing critical insights for real estate agents and appraisers focusing on the area.
Economic Outlook
Johnson County, Arkansas has seen a steady rise in average taxable income per tax return over the last nine years, moving from $38,090.68 in 2013 to $48,113.70 in 2021. Meanwhile, state and local income taxes per tax return peaked in 2018 at $8,446.15 before stabilizing around $8,000.00. The average total tax liability per tax return fluctuated, hitting a peak of $5,748.52 in 2021. These trends suggest a growing economy with increased earning potential alongside variable tax burdens, offering... Read more
Average Taxable Income per Tax Return in Johnson County, AR over the last 9 years
Over the last nine years, Johnson County, AR has seen a steady increase in the average taxable income per tax return, jumping from $38,090.68 in 2013 to $48,113.70 in 2021. This upward trend suggests a growing economy and increased earning potential, making the area more attractive for potential investors and new residents looking for economic stability and opportunities. Those interested in building property or business ventures will find the rising income levels particularly appealing, as they indicate a community with increasing spending power and economic vitality.
Average State and Local Income Taxes Per Tax Return in Johnson County, AR Over the Last 10 Years
Over the past decade, Johnson County, AR has experienced a notable fluctuation in average state and local income taxes per tax return, with an initial moderate increase peaking sharply in 2018 at $8446.15 before stabilizing around $8000.00 in the subsequent years. This trend suggests a potential reflection of economic cycles, policy changes, or shifts in the local taxpayer demographic, providing valuable insight for prospective residents on how their tax burden may vary over time.
Average Total Tax Liability Per Tax Return in Johnson County, AR Over the Last 10 Years
Over the past decade, Johnson County, Arkansas has seen fluctuations in average total tax liability per tax return, with figures peaking at $5,748.52 in 2021. Notable dips, such as in 2013 at $5,059.45, contrast with periods of gradual increase. This variability can influence decisions for potential investors, movers, or property developers aiming to understand local economic conditions.
Cost of Living in Johnson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $970 | $1,291 | $1,862 | $966 | $976 |
| 1 adult 4 children | $970 | $1,054 | $1,425 | $966 | $1,113 |
| 2 adults 3 children | $970 | $1,055 | $1,616 | $966 | $772 |
| 1 adult 3 children | $970 | $861 | $1,178 | $966 | $831 |
| 2 adults 2 children | $730 | $863 | $1,369 | $839 | $669 |
| 1 adult 2 children | $730 | $645 | $931 | $839 | $620 |
| 2 adults 1 child | $730 | $682 | $1,122 | $426 | $640 |
| 1 adult 1 child | $730 | $441 | $684 | $426 | $559 |
| 2 adults | $555 | $548 | $875 | $0 | $526 |
| 1 adult | $547 | $299 | $438 | $0 | $501 |
Safety trends & Data
Property crime in Johnson County, Arkansas, has had notable fluctuations over the past five years. Larceny-theft peaked at 76 incidents in 2018 but dropped to 43 by 2022. Burglary saw a significant rise from 3 incidents in 2020 to 16 in 2022, while motor vehicle theft remained relatively low. These variations are vital for real estate agents, potential investors, and insurance agents as they could influence property valuation and risk... Read more
Property Crime Trends in Johnson County, AR Over the Last 5 Years
Over the past five years in Johnson County, Arkansas, property crime has shown notable fluctuations, with larceny-theft consistently holding the highest figures, peaking at 76 incidents in 2018 but dropping to 43 by 2022. Burglary and fraud incidents also demonstrated variability, with burglary seeing a significant increase from 3 in 2020 to 16 in 2022. Meanwhile, motor vehicle theft remained relatively low throughout the period. Variability in crime types is crucial for real estate agents, potential investors, and insurance agents as it influences property valuation and risk assessment.
Demographics
Johnson County, Arkansas, shows a fairly balanced gender distribution with a slight male majority. Educational attainment leans heavily towards high school graduates, but a sizable portion of the population has at least some college experience. The age distribution reflects a significant proportion of middle-aged adults, while racial composition is predominantly White, with small representations from other... Read more
Race Distribution in Johnson County, Arkansas (2022)
Educational Attainment in Johnson County, Arkansas (2022)
Age Distribution in Johnson County, Arkansas
Citizen Population in Johnson County, Arkansas (2022)
Political Trends & Data
Johnson County, Arkansas, leaned heavily Republican in the 2020 U.S. Presidential Election, with GOP candidates securing about 73% of the vote. Democrats received 24%, while Libertarians and Green Party candidates collectively gathered less than 2% of the vote. This strong conservative base could significantly shape local and state policy... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Johnson County, Arkansas, leaned significantly Republican in the 2020 U.S. Presidential Election with approximately 73% of the votes. The Democrats captured around 24%, while Libertarians and Green Party candidates garnered minimal support, roughly 1% and 0.3% respectively. Other parties barely registered, making up about 1.6% of the vote. This distribution suggests an overwhelming preference for Republican policies and candidates in this area, indicating a potentially strong conservative base that might influence local and state politics.
73.05% of voters voted for the Republican party in the 2020 Presidential Election
24.04% of voters voted for the Democrat party in the 2020 Presidential Election
1.02% of voters voted for the Livertarian party in the 2020 Presidential Election
0.26% of voters voted for the Green party in the 2020 Presidential Election
1.63% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Johnson County, Arkansas, the student-to-teacher ratio has consistently stayed below the national average of 14 students per teacher over the past decade, peaking at 13.63 in 2017 and dipping to 12.34 in 2022. These small class sizes often translate to more individualized attention for students, potentially making the area more attractive to families prioritizing education. This trend might indicate stable or rising housing demand, signaling growth potential and community stability for real... Read more
Student-to-teacher ratio in Johnson County, Arkansas over the last 10 years
The student-to-teacher ratio in Johnson County, Arkansas has fluctuated slightly over the past ten years but generally remains below the national average of 14 students per teacher. With ratios peaking at 13.63 in 2017 and dipping to 12.34 in 2022, the county maintains comparatively smaller class sizes. This trend could be appealing to prospective residents and investors who prioritize education quality, as lower ratios often permit more individualized attention for students. For real estate agents and appraisers, this metric might suggest a stable or potentially increasing demand for housing in areas with reputedly favorable educational conditions. Insurance agents and property developers also may see these trends as a sign of community stability and growth potential, reflecting a commitment to maintaining attractive educational environments.
