Cass County Real Estate and Livability Trends
Cass County, Indiana's median home values have jumped from $82,400 in 2015 to $110,600 in 2022, offering a more affordable option compared to state and national averages, which may pique investor interest. Principal residences dominate the mortgage market, though recent dips suggest some caution, while investment properties have held steady, indicating a balanced investor interest without much... Read more
Cass County Market Trends
In Cass County, Indiana, median home values have consistently risen from $82,400 in 2015 to $110,600 in 2022, though they still lag behind state and national levels. This discrepancy might offer an attractive opportunity for those eyeing affordable yet appreciating real estate. Residential energy tax credits have shown volatility, peaking at $1300.00 in 2018, hinting at significant investment in... Read more
Median Value of Occupied Housing Units in Cass County, Indiana Over the Last 8 Years
Over the last eight years, Cass County, Indiana has experienced a steady increase in median home values, rising from $82,400 in 2015 to $110,600 in 2022. While this growth is encouraging, Cass County's home values still trend significantly below both state and national levels, where Indiana's median values grew from $124,200 to $183,600 and the national figures increased from $125,500 to $179,400 over the same period. This discrepancy could present an intriguing opportunity for investors and homebuyers seeking more affordable real estate options within a market showing consistent appreciation.
Residential Energy Tax Credit Per Tax Return in Cass County, IN Over the Last 9 Years
Residential energy tax credits in Cass County, Indiana have shown significant fluctuation in the past nine years. While the average hovered around $277.05 in 2013, 2018 saw a surprising spike to $1300.00, suggesting major investments or policy changes boosting energy-efficient home improvements. Though the credit amounts subsequently decreased, they still remained relatively higher than earlier years, ending at $479.41 in 2021. This trend indicates a growing emphasis on energy efficiency, potentially affecting property values and appealing to eco-conscious buyers or investors.
Average Real Estate Taxes Per Tax Return in Cass County, IN Over the Last 10 Years
Over the past decade, Cass County, Indiana has seen a notable increase in average real estate taxes per tax return, rising from approximately $1,210.66 in 2012 to around $2,496.88 by 2021. The most significant jumps occurred after 2017, with a steep climb between 2017 and 2018, when taxes spiked by over $700. Such trends could be indicative of rising property values or changes in tax rates, making this an important factor for prospective investors, home buyers, and real estate professionals to consider when evaluating the area’s market dynamics.
Percentage of Farm Returns in Cass County, IN Over the Last 10 Years
The percentage of farm returns in Cass County, Indiana has shown a slight but steady decline over the past decade, moving from roughly 2.92% in 2012 to approximately 2.48% in 2021. Farm tax returns represent the proportion of tax filings that come from farms, indicating the agricultural sector's share in the local economy. Potential investors and property developers might note this trend as a signal of shifting economic activities, while existing residents may see it as a reflection of changing industrial focus within the county. This trend could be informative for anyone considering agricultural investments or looking to understand broader economic shifts in Cass County.
Number of Mortgages by Occupancy Type in Cass County, IN Over the Last 5 Years in Cass County
Cass County, Indiana has seen fluctuations in mortgage counts for various occupancy types over the past five years. Principal residences dominate the mortgage landscape, though numbers dipped between 2020 and 2022. Investment properties maintained a steady but minor presence, suggesting either stable rental demand or controlled investor interest. Meanwhile, second residences are notably sparse, hinting at minimal market for vacation homes or seasonal living. For investors, appraisers, and real estate agents, tracking these occupancy type shifts can be crucial for understanding market demand and making informed decisions on property investments, development, and risk assessments.
Economic Outlook
Average taxable income per tax return in Cass County, Indiana has shown a notable rise, from $41,931.30 in 2013 to $53,949.05 in 2021. This suggests a potential boost in economic conditions or shifts in the job market and wages, reflecting positively for investors eyeing growth. Concurrently, average state and local income taxes per tax return have almost doubled, moving from $5,652.38 in 2012 to $12,240.00 in 2021, signaling a growing tax burden. While the average total tax liability has... Read more
Average Taxable Income per Tax Return in Cass County, IN over the last 9 years
Average taxable income per tax return in Cass County, Indiana has seen a general upward trend over the last nine years. From $41,931.30 in 2013 to $53,949.05 in 2021, this gradual increase could suggest improved economic conditions or shifts in the local job market and wages. Investors and potential property buyers might find this data encouraging as it could reflect a growing affluence in the area, possibly indicating increased spending power among residents and a potentially robust local economy.
Average State and Local Income Taxes Per Tax Return in Cass County, IN Over the Last 10 Years
Over the last decade, Cass County, Indiana has seen a significant upward trend in average state and local income taxes per tax return, nearly doubling from $5,652.38 in 2012 to $12,240.00 in 2021. This consistent increase, especially the sharp rises post-2018, indicates a growing tax burden, potentially reflecting higher incomes, increased tax rates, or both. Investors and prospective residents should consider these financial implications when evaluating the cost of living and possible return on investments in the area.
Average Total Tax Liability Per Tax Return in Cass County, IN Over the Last 10 Years
Over the past decade, Cass County, Indiana has seen fluctuations in average total tax liability per tax return, peaking recently in 2021 at $7,098.25. This recent uptick might reflect broader economic trends or local policy changes that could influence future financial planning for residents and potential investors. The mid-decade dip in 2018 to $5,975.11 indicates periods of less tax burden, possibly linked to adjustments in income levels or deductions. Being aware of these trends could be crucial for anyone involved in financial decisions or property investments in the area.
Cost of Living in Cass County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,102 | $1,251 | $1,763 | $1,217 | $983 |
| 1 adult 4 children | $1,102 | $1,021 | $1,347 | $1,217 | $1,056 |
| 2 adults 3 children | $1,102 | $1,022 | $1,530 | $1,217 | $814 |
| 1 adult 3 children | $1,102 | $834 | $1,114 | $1,217 | $849 |
| 2 adults 2 children | $826 | $836 | $1,298 | $1,064 | $728 |
| 1 adult 2 children | $826 | $625 | $882 | $1,064 | $634 |
| 2 adults 1 child | $826 | $661 | $1,065 | $566 | $680 |
| 1 adult 1 child | $826 | $427 | $649 | $566 | $566 |
| 2 adults | $681 | $531 | $832 | $0 | $587 |
| 1 adult | $677 | $290 | $416 | $0 | $510 |
Safety trends & Data
Cass County, Indiana, has seen fluctuating property crime trends over the past few years, particularly in larceny-theft which peaked at 78.00 cases in 2019, dropped to 35.00 in 2021, and rose again to 66.00 in 2022. Burglary incidents increased from 2.00 in 2019 to 8.00 in 2020, with varying numbers since then. Vandalism is trending upwards, while motor vehicle theft remains relatively low but variable. These crime trends may suggest changing risks for property owners and investors, potentially... Read more
Property Crime Trends in Cass County, IN Over the Last 4 Years
Cass County, Indiana, has experienced fluctuating property crime trends over the past four years. Larceny-theft consistently remained the most prevalent crime, peaking at 78.0 cases in 2019 before dropping to 35.0 in 2021, then rising again to 66.0 in 2022. Burglary saw a notable increase from 2.0 incidents in 2019 to 8.0 in 2020, though numbers varied in subsequent years. Vandalism incidents have generally trended upwards, while motor vehicle theft numbers remained relatively low and variable. These insights might suggest evolving risks for property owners and investors, potentially affecting insurance rates and real estate values in the area.
Demographics
Cass County, Indiana's adult population is nearly balanced between males and females. The educational attainment data reveals that a significant portion have at least a high school diploma, though those holding bachelor's or graduate degrees are less prevalent. The age distribution indicates a broader spread across various age groups, with a noticeable presence in the 55 to 64 years range. Racial composition is predominantly White, with small percentages of Black or African American, Asian, and... Read more
Race Distribution in Cass County, Indiana (2022)
Educational Attainment in Cass County, Indiana (2022)
Age Distribution in Cass County, Indiana
Citizen Population in Cass County, Indiana (2022)
Political Trends & Data
Cass County, Indiana, displays a clear Republican dominance with around 69% of votes in the 2020 Presidential Election, while Democrats received roughly 28%. The Libertarian Party, with just over 2%, and other minor parties saw minimal support. This primarily conservative voter base highlights a strong political leaning but also hints at some existing diversity in political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Cass County, Indiana, shows a strong leaning towards the Republican Party, capturing roughly 69% of the votes in the 2020 U.S. Presidential Election. Democrats garnered about 28%, indicating some presence but a significant gap. The Libertarian Party's share was minimal at just over 2%, with negligible support for other parties. This distribution suggests a predominant conservative voter base, though some diversity in political preferences exists.
69.43% of voters voted for the Republican party in the 2020 Presidential Election
28.32% of voters voted for the Democrat party in the 2020 Presidential Election
2.19% 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
0.04% of voters voted for the Other party in the 2020 Presidential Election
School Data
Cass County, Indiana's student-to-teacher ratio has fluctuated between 14 and 17 over the last decade, peaking at 16.87 in 2023 and dipping to 14.63 in 2018. This variability can impact stakeholders differently: larger class sizes might deter families, affecting property desirability, while smaller ratios closer to the national average could enhance the area's appeal. Such fluctuations might also influence property appraisals and insurance valuations, given the critical role school quality... Read more
Student-to-teacher ratio in Cass County, Indiana over the last 10 years
Cass County, Indiana has seen fluctuations in its student-to-teacher ratio over the last decade, with values ranging from 14 to 17. Highlights include a dip to 14.63 in 2018 and a peak of 16.87 in 2023. These changes can significantly impact various stakeholders. For investors and real estate agents, a higher ratio might indicate larger class sizes and potentially less personalized education, which may deter families from moving into the area. On the other hand, a lower ratio, more in line with the national average of 14 students per teacher, could signal a more appealing educational environment. The variability in teacher-to-student ratios could also affect property appraisals and insurance valuations, as school quality often influences local property desirability.
