Saline County Real Estate and Livability Trends
Saline County, Arkansas has exhibited significant economic growth, with average taxable income per tax return rising from $54,698.56 in 2013 to $74,428.42 in 2021. Median home values also surged from $141,400 in 2015 to $194,400 in 2022, highlighting a strong real estate market. However, fluctuating poverty rates and a rising average state and local income tax, reaching $10,872.54 in 2021, add... Read more
Saline County Market Trends
Saline County, Arkansas has seen a notable uptick in median home values over the last eight years, soaring from $141,400 in 2015 to $194,400 in 2022. This growth outpaces both the statewide trend in Arkansas and the national trend, indicating a robust local real estate market that could be enticing for investors and homebuyers seeking strong property value appreciation. Residential energy tax... Read more
Median Value of Occupied Housing Units in Saline County, Arkansas Over the Last 8 Years
Saline County, Arkansas has seen a notable uptick in median home values over the last eight years, soaring from $141,400 in 2015 to $194,400 in 2022. This growth outpaces both the statewide trend in Arkansas, where median values rose from $111,400 to $162,400, and the national trend, with values increasing from $125,500 to $179,400 over the same period. This indicates a robust local real estate market that could be enticing for investors and homebuyers seeking strong property value appreciation.
Residential Energy Tax Credit Per Tax Return in Saline County, AR Over the Last 9 Years
Residential energy tax credits in Saline County, Arkansas have seen significant fluctuations over the last nine years, reaching a peak of $2872.41 in 2021. While there was a steady increase from 2013 to 2016, the more dramatic rise began in 2017. Notably, 2018 saw an exceptional spike to $2025.00, followed by a drop in 2019 and a resurgence through 2020 and 2021. This trend underscores increased investments in residential energy efficiency, making Saline County an attractive prospect for those interested in sustainable living and property investments.
Average Real Estate Taxes Per Tax Return in Saline County, AR Over the Last 10 Years
Over the last decade, Saline County, Arkansas has seen a notable increase in average real estate taxes per tax return, with values rising from approximately $1,694 in 2012 to around $2,802 in 2021. The most significant jumps occurred between 2017 and 2018, suggesting that property values, local tax rates, or both may have undergone impactful changes during that period. This trend could indicate a burgeoning real estate market, potentially attracting investors and homeowners looking for appreciation opportunities, despite relatively higher tax costs compared to earlier years.
Percentage of Farm Returns in Saline County, AR Over the Last 10 Years
The percentage of farm tax returns in Saline County, Arkansas has experienced a slight decline over the last decade. Starting at about 0.97% in 2012, it dipped to approximately 0.87% by 2021. Farm tax returns typically represent the portion of the population engaged in agricultural activities and can be an indicator of rural economic health. The gradual decrease in these returns might suggest a shift away from farming or agricultural business, potentially driven by urbanization or economic diversification. This trend can be relevant for those considering investment or property development in Saline County, as it could imply changing land use and an evolving local economy. For potential residents, this shift can mean a different lifestyle, with possibly less emphasis on agriculture and more on suburban or urban development.
Number of Mortgages by Occupancy Type in Saline County, AR Over the Last 5 Years in Saline County
The number of mortgages in Saline County, Arkansas shows notable shifts across different occupancy types over the past five years. Principal residences consistently dominate the market, although they peaked in 2021 with 10,463 mortgages before dropping to 7,046 in 2022. Investment properties also saw a peak in 2021 at 520 recoveries, followed by a slight decline in 2022 to 427. Second residences maintain a minor presence, with only slight fluctuations. These trends may be crucial for investors and real estate agents as they signal changing preferences in property use, impacting demand, pricing, and future development strategies. Monitoring these shifts can help appraisers, builders, and insurance agents to better assess market dynamics and risk management moving forward.
Economic Outlook
Saline County, Arkansas has shown a substantial increase in average taxable income per tax return, growing from $54,698.56 in 2013 to $74,428.42 in 2021. This trend suggests economic growth, making it appealing for potential investors and new residents. The average state and local income taxes have also risen significantly, from $5,368.25 in 2012 to $10,872.54 in 2021, which could impact financial planning for current and future residents. Additionally, the average total tax liability per tax... Read more
Average Taxable Income per Tax Return in Saline County, AR over the last 9 years
Over the past nine years, Saline County, AR has seen a steady increase in average taxable income per tax return, climbing from approximately $54,698.56 in 2013 to $74,428.42 in 2021. This upward trend signals strong economic growth and income gains, attracting potential investors, property developers, and new residents. A noticeable jump in 2018 and the significant rise in 2021 highlight the county's promising financial landscape, making it a compelling choice for those considering relocation or investment.
Average State and Local Income Taxes Per Tax Return in Saline County, AR Over the Last 10 Years
Over the last decade, Saline County, AR has experienced a substantial increase in average state and local income taxes per tax return, rising from $5,368.25 in 2012 to $10,872.54 in 2021. This notable upward trend can have significant implications for residents, particularly those considering relocation or financial planning within the county. The most pronounced jumps occurred between 2017 and 2021, underscoring an accelerated rate of increase in recent years.
Average Total Tax Liability Per Tax Return in Saline County, AR Over the Last 10 Years
Saline County, Arkansas has seen a notable rise in the average total tax liability per tax return over the last decade. From $7,096.11 in 2012 to $10,813.13 in 2021, the increase hints at economic growth and rising incomes, suggesting potential for real estate investment and an attractive environment for new residents. This upward trend in tax liability reflects broader financial improvements and could be a key metric for stakeholders assessing the county's financial health and growth prospects.
Cost of Living in Saline County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,210 | $1,420 | $1,899 | $1,281 | $1,281 |
| 1 adult 4 children | $1,210 | $1,159 | $1,452 | $1,281 | $1,491 |
| 2 adults 3 children | $1,210 | $1,160 | $1,648 | $1,281 | $1,043 |
| 1 adult 3 children | $1,210 | $947 | $1,201 | $1,281 | $1,229 |
| 2 adults 2 children | $907 | $949 | $1,397 | $1,120 | $869 |
| 1 adult 2 children | $907 | $709 | $950 | $1,120 | $872 |
| 2 adults 1 child | $907 | $750 | $1,146 | $596 | $798 |
| 1 adult 1 child | $907 | $485 | $698 | $596 | $692 |
| 2 adults | $794 | $603 | $894 | $0 | $654 |
| 1 adult | $780 | $329 | $447 | $0 | $591 |
Safety trends & Data
Property crime trends in Saline County, Arkansas, over the last five years suggest relative stability in areas like arson, burglary, and forgery, with slight fluctuations in motor vehicle theft and vandalism. A decline in larceny-theft cases from 498.00 in 2018 to 345.00 in 2022 might indicate improved security measures or economic changes. However, consistent patterns in fraud and stolen property cases underscore potential ongoing issues within the community. For investors, real estate agents,... Read more
Property Crime Trends in Saline County, AR Over the Last 5 Years
Property crime trends in Saline County, Arkansas, over the last five years suggest a relative stability in certain areas like arson, burglary, and forgery, with slight fluctuations in motor vehicle theft and vandalism. A noticeable decline in larceny-theft cases is seen from 498.00 in 2018 to 345.00 in 2022, which could indicate improved security measures or economic factors. However, the consistent pattern in fraud and stolen property cases underscores potential ongoing issues within the community. For investors, real estate agents, and those interested in relocating, understanding these trends can be crucial for assessing neighborhood safety and the potential for property value appreciation.
Demographics
Saline County, Arkansas, presents a gender distribution with slightly more females than males. Educationally, the county shows a significant portion of residents having attained at least a high school diploma, with a substantial cohort holding bachelor’s degrees or higher. The age distribution indicates a balanced spread across various age groups, with notable peaks in the 25-34 and 35-44 brackets. The racial composition is predominantly White, with smaller communities of Black or African... Read more
Race Distribution in Saline County, Arkansas (2022)
Educational Attainment in Saline County, Arkansas (2022)
Age Distribution in Saline County, Arkansas
Citizen Population in Saline County, Arkansas (2022)
Political Trends & Data
In Saline County, Arkansas, the 2020 U.S. Presidential Election results highlighted a notable tilt towards Republican candidates, who seemingly secured almost 70% of the vote. Democratic candidates trailed with roughly 28%, while minor parties collectively grabbed under 3%. This trend suggests a robust Republican influence, reflective of regional political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Saline County, Arkansas, the 2020 U.S. Presidential Election results showed a significant leaning towards Republican candidates, who likely captured nearly 70% of the vote. Democrats trailed considerably, securing approximately 28%. Minor parties, including Libertarians, Greens, and others, collectively garnered just under 3% of the vote. These figures suggest a strong Republican presence in the county, indicative of broader political trends in similar regions.
69.45% of voters voted for the Republican party in the 2020 Presidential Election
28.20% of voters voted for the Democrat party in the 2020 Presidential Election
1.04% of voters voted for the Livertarian party in the 2020 Presidential Election
0.21% of voters voted for the Green party in the 2020 Presidential Election
1.11% of voters voted for the Other party in the 2020 Presidential Election
School Data
Saline County, Arkansas saw its student-to-teacher ratio hover slightly above the national average of 14 students per teacher over the past decade. Peaking at about 16.5 in 2019, it dropped to around 15.3 in 2021 before inching back up to 15.8 by 2023. This trend, possibly reflecting local budgetary constraints and hiring practices, might influence the area's appeal to families focused on education. For real estate and insurance professionals, these fluctuations could provide valuable insights... Read more
Student-to-teacher ratio in Saline County, Arkansas over the last 10 years
Over the past decade, the student-to-teacher ratio in Saline County, Arkansas has exhibited minor fluctuations, generally hovering slightly above the national average of 14 students per teacher. From a high of approximately 16.5 students per teacher in 2019, the ratio dipped to around 15.3 in 2021 before rising again to 15.8 by 2023. This pattern might suggest a balancing act between budgetary constraints and hiring practices in local schools. For investors, developers, and real estate agents, these ratios could impact the attractiveness of the area for families prioritizing education. Additionally, for insurance agents and appraisers, understanding these trends might offer insights into community educational investments and potential impacts on property values.
