Hardee County Real Estate and Livability Trends
In Hardee County, Florida, the real estate market is marked by a rise in median home values from $80,700 in 2015 to $118,700 by 2022, still below state and national levels. Residential energy tax credits surged to $2,393.33 in 2021, indicating increasing energy-efficient home investments. Real estate taxes have risen significantly, from $2,355.06 in 2012 to $4,170.00 in 2021, suggesting potential... Read more
Hardee County Market Trends
Hardee County, Florida, has experienced a significant rise in median home values, climbing from $80,700 in 2015 to $118,700 by 2022, yet still remaining below state and national averages. Meanwhile, the average residential energy tax credit per tax return surged to $2,393.33 in 2021, reflecting a growing investment in energy-efficient upgrades, which can appeal to eco-conscious buyers and boost... Read more
Median Value of Occupied Housing Units in Hardee County, Florida Over the Last 8 Years
Over the past eight years, Hardee County, Florida, has seen its median home values rise significantly, starting at $80,700 in 2015 and reaching $118,700 by 2022. This increase, though substantial, still places Hardee County well below the state average of $292,200 and the national average of $179,400 for 2022. This trend could signal a potentially attractive opportunity for investors seeking affordable entry points in Florida’s real estate market, especially considering the broader state and national trends.
Residential Energy Tax Credit Per Tax Return in Hardee County, FL Over the Last 9 Years
Over the past nine years, Hardee County, Florida has seen a notable increase in the average residential energy tax credit per tax return, jumping from $500.00 in 2013 to $2,393.33 in 2021. This upward trend reflects growing investments in energy-efficient upgrades and renewable energy installations, making it an increasingly attractive location for eco-conscious homebuyers and proactive property investors. This surge suggests a community shifting towards sustainable living, which can significantly enhance property values and appeal.
Average Real Estate Taxes Per Tax Return in Hardee County, FL Over the Last 10 Years
Hardee County, Florida has seen a sharp increase in average real estate taxes per tax return over the last decade, growing from $2,355.06 in 2012 to $4,170.00 in 2021. This upward trend could be indicative of a rising property market, an appeal for new residents, or higher property valuations. For those looking to invest or build property in the area, understanding this significant tax increase is crucial for budgeting and financial planning.
Percentage of Farm Returns in Hardee County, FL Over the Last 10 Years
Hardee County, Florida has seen slight fluctuations in the percentage of farm tax returns over the past decade. The proportions oscillated around an average of 5.5% to 6.3%, peaking at 6.36% in 2013 before declining to 4.50% in 2020. Farm tax returns indicate the financial activity and viability of farming within the county, which can influence property values, local investment opportunities, and economic stability for potential investors and residents. Lower farm returns might hint at challenges in the agricultural sector, crucial for understanding the economic health and future prospects of Hardee County.
Number of Mortgages by Occupancy Type in Hardee County, FL Over the Last 5 Years in Hardee County
In Hardee County, Florida, there appears to be an upward trend in the number of mortgages for principal residences over the past five years, with figures rising from 438 in 2018 to 715 in 2021. What stands out is the relatively stable yet minor count for investment properties and second residences, indicating a market primarily driven by owner-occupied homes. Such shifts in occupancy type can be crucial for potential investors, as a high percentage of principal residences might indicate a stable, long-term resident base, reducing volatility. Real estate agents and developers could leverage this insight to cater more to permanent residents, while appraisers and insurance agents might find the data useful to assess risk and coverage needs accurately.
Economic Outlook
In Hardee County, Florida, the average taxable income per tax return has climbed steadily to $53,711.58 as of 2021, hinting at a burgeoning local economy. Income taxes have seen significant fluctuations, with a high of $4,500.00 in 2013 and a low of $2,750.00 in 2016, which may reflect changing local economic conditions. Similarly, total tax liabilities per return have varied considerably, peaking at $7,777.07 in 2021 from a low of $5,414.72 in 2016, showcasing an ever-changing fiscal landscape... Read more
Average Taxable Income per Tax Return in Hardee County, FL over the last 9 years
Hardee County, FL has experienced consistent growth in average taxable income per tax return over the past nine years, reaching $53,711.58 in 2021. This upward trend highlights a strengthening local economy and increasing individual wealth, making it a promising area for investment, property development, or relocation. The region's economic improvements are likely attracting new businesses and residents, contributing to higher average incomes and signaling a robust financial environment.
Average State and Local Income Taxes Per Tax Return in Hardee County, FL Over the Last 6 Years
Over the past six years, income taxes per tax return in Hardee County, Florida have fluctuated. Notably, 2013 saw a high at $4,500.00, while 2016 experienced a significant drop to $2,750.00. These variations provide essential insights for potential investors and residents into the area's financial climate, suggesting shifts in local economic conditions that could impact future fiscal decisions.
Average Total Tax Liability Per Tax Return in Hardee County, FL Over the Last 10 Years
Hardee County, Florida has seen fluctuating average total tax liabilities over the past decade, with noteworthy increments and reductions. In 2021, the tax liability peaked at $7,777.07 per tax return, marking a sharp rise from earlier years such as 2016 which saw a low of $5,414.72. Periodic increases, such as those in 2012 ($6,529.80) and 2017 ($6,429.13), offer potential insights into economic conditions and local tax policies. This dynamic range of tax liabilities can be intriguing for investors and property developers assessing financial trends and their impacts on the economic landscape.
Cost of Living in Hardee County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,114 | $1,295 | $2,705 | $1,255 | $1,009 |
| 1 adult 4 children | $1,114 | $1,057 | $2,075 | $1,255 | $1,063 |
| 2 adults 3 children | $1,114 | $1,058 | $2,343 | $1,255 | $788 |
| 1 adult 3 children | $1,114 | $864 | $1,714 | $1,255 | $819 |
| 2 adults 2 children | $883 | $866 | $1,982 | $1,101 | $685 |
| 1 adult 2 children | $883 | $647 | $1,352 | $1,101 | $615 |
| 2 adults 1 child | $883 | $684 | $1,620 | $602 | $656 |
| 1 adult 1 child | $883 | $442 | $991 | $602 | $526 |
| 2 adults | $671 | $550 | $1,259 | $0 | $551 |
| 1 adult | $666 | $300 | $629 | $0 | $470 |
Safety trends & Data
Property crime trends in Hardee County, Florida, show some significant shifts from 2019 to 2020. Burglary incidents nearly doubled, motor vehicle thefts more than doubled, while larceny-theft saw a significant drop. Vandalism incidents experienced a moderate rise. These changes could influence insurance premiums and property valuations, potentially highlighting concerns or opportunities for investors and real estate... Read more
Property Crime Trends in Hardee County, FL Over the Last 2 Years
Property crime in Hardee County, Florida, shows notable shifts over two years. Between 2019 and 2020, burglary incidents almost doubled, from 37.00 to 69.00, and motor vehicle thefts more than doubled, climbing from 11.00 to 23.00. Conversely, larceny-theft numbers saw a significant drop, decreasing from 43.00 to 22.00. Vandalism incidents increased moderately, moving from 11.00 to 19.00. These fluctuations could impact insurance premiums and property valuations, signaling areas of concern or opportunity for potential investors, real estate professionals, and residents alike.
Demographics
Hardee County, Florida, has more adult males than females, suggesting a slight gender imbalance. Educational attainment levels indicate a high school diploma is the most common highest level of education, but there remains a noticeable segment without a high school degree. The age distribution appears fairly even across various age groups, with a slight peak in the 25 to 34-year range. Racially, the county is predominantly White, with small but present minority communities, particularly from... Read more
Race Distribution in Hardee County, Florida (2022)
Educational Attainment in Hardee County, Florida (2022)
Age Distribution in Hardee County, Florida
Citizen Population in Hardee County, Florida (2022)
Political Trends & Data
In Hardee County, Florida, the 2020 U.S. Presidential Election revealed a pronounced Republican dominance, with the party receiving about 72% of the vote, compared to the Democrats' 27%. This notable partisan preference could potentially shape local and state policy decisions and influence future election strategies for both major and minor parties in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Hardee County, Florida, the 2020 U.S. Presidential Election results indicated a significant leaning towards the Republican party, which garnered approximately 72% of the vote. Democrats received around 27%, while third parties like the Libertarian and Green parties accounted for only a small fraction of the total. This trend underscores a strong partisan preference that may influence local and state policy decisions, as well as future election strategies for both major and minor parties in the county.
72.15% of voters voted for the Republican party in the 2020 Presidential Election
27.08% of voters voted for the Democrat party in the 2020 Presidential Election
0.47% of voters voted for the Livertarian party in the 2020 Presidential Election
0.09% of voters voted for the Green party in the 2020 Presidential Election
0.20% of voters voted for the Other party in the 2020 Presidential Election
School Data
Hardee County, Florida has seen its student-to-teacher ratio increase from 13 in 2014 to 18 in 2023, above the national average of 14. This trend towards larger class sizes may raise concerns about teaching quality and individual student attention, potentially influencing families deciding to move there and real estate investors evaluating property values. The higher ratios might necessitate additional educational resources, impacting local property market dynamics and possibly insurance risk... Read more
Student-to-teacher ratio in Hardee County, Florida over the last 10 years
Hardee County, Florida has seen notable fluctuations in its student-to-teacher ratio over the past decade. Starting at around 13 students per teacher in 2014, the ratio saw a significant peak at 17 in 2019, dropped slightly, and then rose again, reaching 18 in 2023. This upward trend suggests a shift toward larger class sizes, which could impact teaching quality and individual attention for students. Comparatively, the national average stands at 14 students per teacher, making Hardee County's recent ratios notably higher. This could be a point of concern for families considering moving to the area, investors evaluating property values, or real estate agents highlighting local educational quality. Higher student-to-teacher ratios often imply the need for more educational resources and may influence local property market dynamics as well as insurance risk assessments.
