Bartholomew County Real Estate and Livability Trends
Bartholomew County, Indiana has experienced significant growth in average taxable income and housing values, with the latter jumping from $136,000 in 2015 to $197,500 in 2022. Despite higher taxes and fluctuating poverty rates, the county's emphasis on energy-efficient home improvements and a stable rate of principal residences point to a promising market for landlords. Notably, property crime... Read more
Bartholomew County Market Trends
Bartholomew County, Indiana has experienced significant median home value growth, jumping from $136,000 in 2015 to $197,500 in 2022, outpacing both the state and national averages. Residential Energy Tax Credits have fluctuated, peaking in 2018 at $1,940.00, indicating a growing emphasis on energy-efficient home improvements. Real estate taxes have nearly doubled from $2,230.89 in 2012 to... Read more
Median Value of Occupied Housing Units in Bartholomew County, Indiana Over the Last 8 Years
Over the last eight years, Bartholomew County, Indiana has seen a consistent rise in median home values, jumping from $136,000 in 2015 to $197,500 in 2022. This is a more accelerated growth compared to Indiana's state average, which moved from $124,200 to $183,600 in the same period. Nationally, home values also increased but at a slightly slower rate, from $125,500 to $179,400. For those eyeing investments, considering relocating, or already living in Bartholomew County, this data might suggest a robust housing market with potentially lucrative growth opportunities.
Residential Energy Tax Credit Per Tax Return in Bartholomew County, IN Over the Last 9 Years
Over the past nine years in Bartholomew County, Indiana, the average Residential Energy Tax Credit per tax return has seen notable fluctuations, peaking in 2018 at $1940.00. More typically, values ranged between $400.00 and $800.00, indicating varied but generally increasing incentives for energy-efficient home improvements. This trend could be relevant for investors and property developers focusing on sustainable housing projects, as well as appraisers and insurance agents assessing the long-term benefits and marketability of green properties in the region.
Average Real Estate Taxes Per Tax Return in Bartholomew County, IN Over the Last 10 Years
In the past decade, real estate taxes in Bartholomew County, Indiana, have shown a clear upward trajectory, starting at approximately $2,230.89 in 2012 and rising to around $4,164.74 by 2021. Notably, there was a significant jump between 2017 and 2018, with the average taxes per return increasing by over $1,000. Potential investors and property buyers should take this into account, as rising taxes may impact long-term ownership costs. These trends could be a pivotal factor for appraisers and insurance agents when determining property values and premiums. Real estate agents might need to adjust their marketing strategies to address these rising costs when attracting new residents or buyers.
Percentage of Farm Returns in Bartholomew County, IN Over the Last 10 Years
Bartholomew County, Indiana has seen a gradual decrease in the percentage of farm tax returns over the past decade, starting from about 1.59% in 2012 to approximately 1.34% by 2021. The most significant drops occurred around 2018 and 2019, with a slight uptick in 2020 that didn't sustain into 2021. Farm tax returns essentially reflect the number of tax filings related to agricultural income and can serve as a barometer for the agricultural sector's health in the region. For those considering investments or property development in Bartholomew County, this downward trend might indicate shifts in the local economy, land use changes, or broader market influences impacting agriculture.
Number of Mortgages by Occupancy Type in Bartholomew County, IN Over the Last 5 Years in Bartholomew County
Bartholomew County, Indiana has seen varying trends in mortgage counts over the past five years, with principal residences consistently leading at thousands of mortgages annually. Notably, there's a moderate fluctuation in investment property mortgages, peaking at 221 in 2021, while second residences remain a small fraction of the total. These shifts in occupancy type can signal investment opportunities as rising investment property figures might attract landlords seeking rental income, whereas stable principal residence mortgages suggest a robust community base. For real estate agents and insurance agents, understanding these dynamics can aid in evaluating market conditions, potential risks, and opportunities specific to different property types.
Economic Outlook
Bartholomew County, Indiana has experienced a rise in average taxable income per tax return from $57,506.45 in 2013 to $77,713.01 in 2021, suggesting economic growth and higher appeal for potential investors and property buyers. However, this comes amid a significant increase in average state and local income taxes, which climbed from $5,848.08 in 2012 to $14,032.67 in 2021. The county has also seen fluctuations in poverty rates, highlighting economic volatility with a recent peak of 16.8% in... Read more
Average Taxable Income per Tax Return in Bartholomew County, IN over the last 9 years
Bartholomew County, Indiana has seen a general upward trend in average taxable income per tax return over the past nine years, increasing from $57,506.45 in 2013 to $77,713.01 in 2021. This potentially indicates a strengthening local economy, with notable hikes in years 2017 and 2021. Such an income growth could make the county more appealing for investors, prospective property buyers, and those considering moving to the area, offering hints at increased economic opportunities and a possibly higher standard of living.
Average State and Local Income Taxes Per Tax Return in Bartholomew County, IN Over the Last 10 Years
Bartholomew County, Indiana, has seen a significant increase in average state and local income taxes per tax return over the past decade. From 2012 to 2021, these taxes rose from $5,848.08 to a notable $14,032.67. The most dramatic jump occurred between 2017 and 2018, indicating a shift that prospective investors or residents should closely consider. This trend could impact financial planning, cost of living, and investment decisions in the region.
Average Total Tax Liability Per Tax Return in Bartholomew County, IN Over the Last 10 Years
Bartholomew County, Indiana has shown a general increase in average total tax liability per tax return over the past decade, particularly with notable rises after 2015. For example, while the tax liability in 2012 was $10,511.03, it spiked to $12,203.62 in 2017 and continued to rise to $12,440.37 by 2021. This upward trend could suggest growing incomes or changes in tax policies that might interest potential investors, particularly those considering new development or business ventures in the county.
Cost of Living in Bartholomew County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,373 | $1,351 | $1,938 | $1,756 | $1,383 |
| 1 adult 4 children | $1,373 | $1,103 | $1,490 | $1,756 | $1,510 |
| 2 adults 3 children | $1,373 | $1,104 | $1,677 | $1,756 | $1,173 |
| 1 adult 3 children | $1,373 | $901 | $1,230 | $1,756 | $1,280 |
| 2 adults 2 children | $1,038 | $904 | $1,416 | $1,545 | $965 |
| 1 adult 2 children | $1,038 | $675 | $969 | $1,545 | $960 |
| 2 adults 1 child | $1,038 | $714 | $1,155 | $861 | $873 |
| 1 adult 1 child | $1,038 | $461 | $708 | $861 | $730 |
| 2 adults | $919 | $574 | $894 | $0 | $690 |
| 1 adult | $899 | $313 | $447 | $0 | $592 |
Safety trends & Data
Over the last five years, Bartholomew County, Indiana, has seen a notable reduction in property crime, with larceny and theft incidents dropping from 153.00 in 2018 to just 1.00 by 2022. Motor vehicle theft cases also declined from 22.00 to 1.00, and burglary numbers decreased from 9.00 to 4.00 in the same period. These promising trends could enhance the county's appeal for investors, real estate agents, and prospective residents looking at property development or... Read more
Property Crime Trends in Bartholomew County, IN Over the Last 5 Years
Over the last five years, property crime in Bartholomew County, Indiana, has generally declined. Notably, incidents of larceny and theft, which stood at 153.00 in 2018, saw a dramatic drop to just 1.00 by 2022. Similarly, motor vehicle theft cases reduced significantly from 22.00 in 2018 to 1.00 in 2022. Burglary numbers also fell from 9.00 to 4.00 in the same period. These trends suggest a potentially safer environment, making it more appealing for investors, real estate agents, and prospective residents considering property development or relocation in the area.
Demographics
Bartholomew County, Indiana shows a fairly balanced male to female ratio among adults, with females slightly outnumbering males. Educational attainment is diverse, with a significant portion having just a high school education or some college experience, yet a notable number reach bachelor's and graduate degrees. Age-wise, a large segment falls between 25 to 34 years and 35 to 44 years, highlighting a robust working-age population. The racial composition is predominantly White, though there's a... Read more
Race Distribution in Bartholomew County, Indiana (2022)
Educational Attainment in Bartholomew County, Indiana (2022)
Age Distribution in Bartholomew County, Indiana
Citizen Population in Bartholomew County, Indiana (2022)
Political Trends & Data
In Bartholomew County, Indiana, the 2020 U.S. Presidential Election showed a strong leaning towards the Republican party, which secured approximately 62% of the votes. Democrats managed around 36%, with minor parties like Libertarians at about 2%. The Green party and others combined earned less than 1%, indicating a pronounced Republican preference and highlighting a significant political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Bartholomew County, Indiana, the 2020 U.S. Presidential Election saw a likely dominance by the Republican party, capturing roughly 62% of the votes. The Democratic party trailed significantly, securing close to 36%, while minor parties like the Libertarians garnered around 2%. The influence of the Green party and other smaller groups appears to be negligible, each earning less than 1% of the vote. These numbers suggest that Bartholomew County might lean heavily Republican, with a considerable gap between the two major parties.
61.85% of voters voted for the Republican party in the 2020 Presidential Election
35.69% of voters voted for the Democrat party in the 2020 Presidential Election
2.41% of voters voted for the Livertarian party in the 2020 Presidential Election
0.02% of voters voted for the Green party in the 2020 Presidential Election
0.03% of voters voted for the Other party in the 2020 Presidential Election
School Data
Bartholomew County, Indiana has seen fluctuations in its student-to-teacher ratio over the past decade. Starting at around 19 students per teacher in 2014 and peaking in 2015, the ratio generally trended downward, reaching 16 students per teacher by 2023. Despite these improvements, the county still sits above the current national average of 14 students per teacher. This metric can significantly influence classroom dynamics, impacting teacher workload and the quality of individual student... Read more
Student-to-teacher ratio in Bartholomew County, Indiana over the last 10 years
Bartholomew County, Indiana has seen fluctuations in its student-to-teacher ratio over the past decade. Starting at around 19 students per teacher in 2014 and peaking in 2015, the ratio has generally trended downward, reaching a more favorable rate of 16 students per teacher by 2023. Despite these improvements, the county still sits above the current national average, which stands at 14 students per teacher. This ratio can impact classroom dynamics significantly, influencing teacher workload and the quality of individual student attention—factors crucial for real estate agents, investors, and residents to consider when evaluating local schools.
