Pulaski County Real Estate and Livability Trends
Pulaski County, Arkansas, has seen a notable rise in average taxable income from $60,002.40 in 2013 to $88,534.65 in 2021, reflecting a thriving local economy likely to attract investors and developers. However, state and local income taxes have also increased from $8,433.46 in 2012 to $19,034.17 in 2021, potentially impacting disposable income. Median housing values surged from $142,400 in 2015... Read more
Pulaski County Market Trends
Pulaski County, Arkansas's median housing values have risen notably from $142,400 in 2015 to $187,600 in 2022, outpacing state and national levels. Meanwhile, residential energy tax credits per tax return surged from $499.39 in 2013 to $2,203.02 by 2021, indicating growing investments in energy-efficient homes. Real estate taxes have significantly increased over the past decade, hitting $4,336.43... Read more
Median Value of Occupied Housing Units in Pulaski County, Arkansas Over the Last 8 Years
Pulaski County, Arkansas, has experienced a steady increase in median housing values over the last eight years, reaching $187,600 in 2022 from $142,400 in 2015. This growth outpaced both the state and national levels, with Arkansas having a median value of $162,400 in 2022 and the U.S. at $179,400 in the same year. The consistent rise in Pulaski County's housing values might suggest a robust local real estate market, potentially attracting investors and new residents looking for property.
Residential Energy Tax Credit Per Tax Return in Pulaski County, AR Over the Last 9 Years
Over the last nine years, Pulaski County, Arkansas has seen notable fluctuations in residential energy tax credits per tax return. Starting from $499.39 in 2013, the credits showed a notable peak at $2,028.38 in 2018, and subsequently climbed to $2,203.02 by 2021. This upward trend, especially from 2017 onwards, signals a growing interest in energy-efficient residential investments. Prospective investors and homeowners may find these incentives compelling as they reflect a supportive environment for sustainable living and potential financial benefits in the long run.
Average Real Estate Taxes Per Tax Return in Pulaski County, AR Over the Last 10 Years
Real estate taxes in Pulaski County, Arkansas have shown a consistent upward trend over the past decade, with significant jumps starting in 2018. By 2021, the average real estate taxes per tax return reached $4,336.43, a noticeable increase from $2,443.87 in 2012. The sharp rise post-2017 might suggest changing property values or tax rate adjustments, making it crucial to consider the financial load when investing or moving to the area.
Percentage of Farm Returns in Pulaski County, AR Over the Last 10 Years
Over the last decade, Pulaski County, Arkansas has seen a minor but noticeable fluctuation in the percentage of farm tax returns, from a high of 0.54% in 2012 to a low of 0.41% in 2020. This possibly signifies changing agricultural dynamics or economic shifts affecting the viability or attractiveness of farming. These figures might be essential for those looking to invest or relocate, indicating that while agriculture is present, it may not be a dominant industry. This subtle trend could guide decisions around property investments, development opportunities, or understanding the local economic landscape better.
Number of Mortgages by Occupancy Type in Pulaski County, AR Over the Last 5 Years in Pulaski County
In Pulaski County, Arkansas, the mortgage market shows notable shifts over the last five years. Mortgages for principal residences peaked at over 24,000 in both 2020 and 2021 but saw a significant decline to around 16,000 in 2022. Investment properties saw a gradual increase up to 2021 but slightly dropped in 2022, while second residences remained relatively stable, hovering between 200-300 cases annually. Changes in these trends might matter for investors considering the cooling off in the primary residence market. Real estate agents and appraisers could see variations in demand impacting property values and appraisal accuracy. Insurance agents might need to adjust policies based on fluctuating investment and second home trends. Those relocating to Pulaski County should closely watch these dynamics as they can influence housing availability and market competitiveness.
Economic Outlook
In Pulaski County, Arkansas, the average taxable income per tax return has surged from $60,002.40 in 2013 to $88,534.65 in 2021, hinting at a prospering local economy that's potentially alluring for investors and developers. Concurrently, the average state and local income taxes have climbed from $8,433.46 in 2012 to $19,034.17 in 2021, signaling an increased financial obligation for residents which could affect disposable income and cost of living. Additionally, the average total tax liability... Read more
Average Taxable Income per Tax Return in Pulaski County, AR over the last 9 years
Over the past nine years, Pulaski County, AR has seen a notable rise in the average taxable income per tax return, increasing from $60,002.40 in 2013 to $88,534.65 in 2021. This steady growth, despite minor fluctuations, indicates a robust economic environment which could be attractive for investors, homebuyers, and developers. The substantial jump in 2021 reflects significant economic developments or shifts, making it an interesting time to engage with the region.
Average State and Local Income Taxes Per Tax Return in Pulaski County, AR Over the Last 10 Years
Pulaski County, AR has experienced a notable increase in average state and local income taxes per tax return over the past decade, escalating from $8,433.46 in 2012 to $19,034.17 in 2021. This upward trend signifies a substantial rise in the financial burden on residents, possibly reflecting increased state and local tax rates or higher income levels. For potential movers or current residents, this information is crucial for financial planning, as higher taxes directly impact disposable income and overall cost of living.
Average Total Tax Liability Per Tax Return in Pulaski County, AR Over the Last 10 Years
Over the past decade, Pulaski County, Arkansas, has experienced a significant increase in the average total tax liability per tax return. Starting at $12,530.69 in 2012, there's a notable jump to $17,167.11 by 2021, highlighting an upward trend that peaked significantly in the last year. This growing tax burden may impact potential investors, property developers, and new residents by indicating rising incomes, real estate value shifts, or local economic growth, each of which plays a crucial role in financial planning and community development dynamics.
Cost of Living in Pulaski County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,255 | $1,452 | $1,899 | $1,281 | $1,238 |
| 1 adult 4 children | $1,255 | $1,186 | $1,452 | $1,281 | $1,432 |
| 2 adults 3 children | $1,255 | $1,186 | $1,648 | $1,281 | $1,002 |
| 1 adult 3 children | $1,255 | $968 | $1,201 | $1,281 | $1,172 |
| 2 adults 2 children | $941 | $971 | $1,397 | $1,120 | $833 |
| 1 adult 2 children | $941 | $725 | $950 | $1,120 | $818 |
| 2 adults 1 child | $941 | $767 | $1,146 | $596 | $764 |
| 1 adult 1 child | $941 | $496 | $698 | $596 | $657 |
| 2 adults | $823 | $616 | $894 | $0 | $623 |
| 1 adult | $809 | $336 | $447 | $0 | $563 |
Safety trends & Data
Property crime trends in Pulaski County, Arkansas, over the last five years exhibit fluctuations with areas of concern for stakeholders. Larceny-theft decreased from 2,148 in 2018 to 1,527 in 2022, and burglary incidents dropped from 370 to 295 during the same period. Motor vehicle theft remains steady at around 190 per year. However, arson cases increased from 3 in 2019 to 18 in 2022. These trends could potentially affect insurance premiums, property values, and investment strategies in the... Read more
Property Crime Trends in Pulaski County, AR Over the Last 5 Years
Property crime trends in Pulaski County, Arkansas, over the last five years show some fluctuations but generally indicate potential areas of concern for stakeholders. Larceny-theft remains the most reported crime, with a slight decrease from 2,148 in 2018 to 1,527 in 2022. Burglary incidents have also seen a somewhat downward trend, dropping from 370 in 2018 to 295 in 2022. Motor vehicle theft has remained relatively stable, hovering around 190 per year. Noteworthy is the increase in arson cases, climbing from 3 in 2019 to 18 in 2022. These trends could impact insurance premiums, property values, and investment decisions in the region.
Demographics
Pulaski County, Arkansas, showcases a gender distribution favoring females slightly over males. The county's educational attainment reveals a reasonably balanced spread between high school graduates, those with some college education, and holders of bachelor's degrees, hinting at an emphasis on academic achievement. Age-wise, there's a substantial young adult population aged 25-34, which could be indicative of a thriving workforce or community appealing to younger professionals. Racial... Read more
Race Distribution in Pulaski County, Arkansas (2022)
Educational Attainment in Pulaski County, Arkansas (2022)
Age Distribution in Pulaski County, Arkansas
Citizen Population in Pulaski County, Arkansas (2022)
Political Trends & Data
Pulaski County, Arkansas, exhibited a marked preference for the Democratic party in the 2020 U.S. Presidential Election, with about 60% of the vote. The Republican party secured approximately 37%, highlighting a notable disparity. Third-party candidates received a minor share, signaling a dominant two-party system. This trend might imply strong, evolving political affiliations that could impact future... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Pulaski County, Arkansas demonstrated a significant lean towards the Democratic party in the 2020 U.S. Presidential Election, with nearly 60% of the vote. The Republican party garnered roughly 37%, showcasing a stark contrast. Third-party candidates collectively captured a smaller fraction of the vote, indicating a strong two-party preference among the electorate. This pattern may suggest a trend towards more decisive political affiliations within the county, potentially influencing future local and national elections.
37.47% of voters voted for the Republican party in the 2020 Presidential Election
59.98% of voters voted for the Democrat party in the 2020 Presidential Election
0.98% 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
1.30% of voters voted for the Other party in the 2020 Presidential Election
School Data
Pulaski County, Arkansas has experienced some interesting shifts in its student-to-teacher ratios over the past ten years. Peaks of nearly 16 students per teacher in 2014 and 2019 dropped below the national average to reach about 13 students per teacher in 2020 and 2021. These fluctuations could influence educational outcomes and impact residential decisions for families prioritizing education. Lower student-to-teacher ratios might signal improved educational attention, potentially making the... Read more
Student-to-teacher ratio in Pulaski County, Arkansas over the last 10 years
Over the past decade, Pulaski County, Arkansas has seen fluctuations in its student-to-teacher ratio, peaking at nearly 16 students per teacher in 2014 and 2019. Notably, the ratio dropped below the national average of 14 students per teacher in 2020 and 2021, reaching as low as 13 students per teacher. These shifts may impact educational outcomes and could influence both residential decisions for families prioritizing education and stakeholders like real estate agents and appraisers evaluating property value trends. Lower student-to-teacher ratios might signal improved educational attention per student, potentially making the area more attractive to prospective investors or residents.
