Clark County Real Estate and Livability Trends
Clark County, Indiana has seen median home values jump to $195,100 in 2022 from $129,000 in 2015, outperforming both state and national averages. This real estate appreciation is paired with significant increases in real estate taxes, rising from $1,642.21 in 2012 to $2,888.66 by 2021, suggesting higher property values or tax rates. Incentives for energy-efficient housing appear to be on the rise... Read more
Clark County Market Trends
Clark County, Indiana has seen its median home values rise sharply, hitting $195,100 in 2022 from $129,000 in 2015, outpacing both state and national averages. Residential energy tax credits have spiked, peaking at $1,850.00 in 2018, suggesting growing incentives for energy-efficient housing. Real estate taxes have also climbed significantly, from $1,642.21 in 2012 to $2,888.66 in 2021,... Read more
Median Value of Occupied Housing Units in Clark County, Indiana Over the Last 8 Years
Clark County, Indiana has experienced a consistent rise in median home values over the past eight years, culminating at $195,100 in 2022, a notable climb from $129,000 in 2015. The county’s growth rate seems to outpace both Indiana, which reached $183,600, and the national average which hit $179,400 in the same year. For investors and potential homebuyers, this trend could indicate a robust opportunity for property value appreciation, making Clark County an intriguing option compared to broader state and national markets.
Residential Energy Tax Credit Per Tax Return in Clark County, IN Over the Last 9 Years
Clark County, Indiana has witnessed a fluctuating yet significant increase in residential energy tax credits over the last nine years. Notably, the credit peaked dramatically in 2018 at $1,850.00, suggesting potential incentives or policy changes favoring sustainable energy investments. For prospective investors, appraisers, and real estate agents, this trend indicates a growing focus on energy-efficient housing, translating to potential value enhancements and appealing incentives. Such patterns may influence property development and insurance underwriting, marking the area as an evolving market with a strong inclination towards energy efficiency and sustainability.
Average Real Estate Taxes Per Tax Return in Clark County, IN Over the Last 10 Years
Over the past decade, Clark County, Indiana has seen a notable increase in average real estate taxes per tax return. Starting from $1,642.21 in 2012, there's a clear upward trend reaching $2,888.66 by 2021. The most significant jump occurred between 2017 and 2018, where the average taxes rose from $1,886.98 to $2,580.56. This suggests potential growth in property values or local tax rate changes, making it an important consideration for potential investors, homebuyers, appraisers, and real estate professionals.
Percentage of Farm Returns in Clark County, IN Over the Last 10 Years
In Clark County, Indiana, the percentage of farm tax returns has been gradually declining over the past decade. Starting at about 1.14% in 2012, the percentage dropped to roughly 0.77% by 2021. This decrease could indicate a shift in the economic landscape, potentially suggesting a move away from traditional farming or a consolidation of farm operations. Investors, new residents, and developers might find this trend noteworthy as it could impact land use, property values, and local economic policies.
Number of Mortgages by Occupancy Type in Clark County, IN Over the Last 5 Years in Clark County
Clark County, Indiana has experienced varying trends in mortgage counts by occupancy type over the last five years. Principal residences consistently dominate the market, surging to a peak in 2021 with 10,863 mortgages before declining in 2022. Investment properties and second residences follow much lower trends, with investment properties slightly increasing over time, while second residences show erratic but low numbers. These shifts in occupancy types are crucial for investors, real estate agents, and developers to gauge market demand and tailor strategies effectively. Insurance agents and appraisers also benefit from these insights to assess risk and value accurately.
Economic Outlook
Clark County, Indiana has experienced a steady increase in average taxable income per tax return over the past nine years, climbing from around $46,670.03 in 2013 to approximately $65,010.50 in 2021. This growth hints at a potentially improving economic environment. Concurrently, average state and local income taxes per tax return have nearly doubled from $4,990.26 in 2012 to $10,068.61 in 2021, especially between 2017 and 2018. The overall rise in total tax liability per tax return, from... Read more
Average Taxable Income per Tax Return in Clark County, IN over the last 9 years
Clark County, Indiana has seen a notable upward trend in average taxable income per tax return over the recent nine years, growing from approximately $46,670.03 in 2013 to around $65,010.50 in 2021. This continuous increase suggests a possibly improving economic environment, potentially making the area attractive for investments and relocation. The steady rise in income levels could indicate better job opportunities and economic conditions, encouraging property development and signaling a promising market for those interested in the region.
Average State and Local Income Taxes Per Tax Return in Clark County, IN Over the Last 10 Years
Over the past decade, Clark County, Indiana has seen a consistent rise in average state and local income taxes per tax return. The increase from $4,990.26 in 2012 to $10,068.61 in 2021 indicates a significant hike, particularly between 2017 and 2018, where taxes surged from $6,105.59 to $8,393.71. This upward trend is crucial for potential investors and residents as it reflects the taxing landscape of the area, which could impact disposable income and investment decisions.
Average Total Tax Liability Per Tax Return in Clark County, IN Over the Last 10 Years
Over the past decade in Clark County, Indiana, the average total tax liability per tax return has generally increased, starting from around $6,310.91 in 2012 and reaching approximately $9,114.19 in 2021. This upward trend suggests a potential rise in income levels or adjustments in tax policies, which could impact decisions for those looking to invest or settle in the area. Notably, the spike observed around 2019 and 2021 might indicate economic shifts that prospective residents and investors should consider.
Cost of Living in Clark County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,340 | $1,355 | $1,689 | $1,745 | $1,289 |
| 1 adult 4 children | $1,340 | $1,107 | $1,298 | $1,745 | $1,394 |
| 2 adults 3 children | $1,340 | $1,107 | $1,462 | $1,745 | $1,072 |
| 1 adult 3 children | $1,340 | $904 | $1,071 | $1,745 | $1,177 |
| 2 adults 2 children | $1,011 | $906 | $1,235 | $1,536 | $901 |
| 1 adult 2 children | $1,011 | $677 | $844 | $1,536 | $888 |
| 2 adults 1 child | $1,011 | $716 | $1,008 | $856 | $820 |
| 1 adult 1 child | $1,011 | $463 | $617 | $856 | $705 |
| 2 adults | $842 | $575 | $781 | $0 | $646 |
| 1 adult | $746 | $314 | $391 | $0 | $526 |
Safety trends & Data
Clark County, Indiana, has experienced a mix of property crime trends over the last five years. Larceny-theft has been the most prevalent, peaking in 2019 with 907 incidents but generally declining since. Burglary saw a significant drop in 2020 with only 18 cases reported. Meanwhile, motor vehicle thefts have been on the rise, especially in 2022 with 62 incidents. Vandalism has shown a downward trend since a high of 27 cases in 2019. These fluctuations could be crucial for real estate investors... Read more
Property Crime Trends in Clark County, IN Over the Last 5 Years
Clark County, Indiana, has observed fluctuating trends in property crime over the past five years. Larceny-theft consistently dominates the crime statistics, peaking in 2019 with 907 reported incidents but showing a general downward trend in subsequent years. Burglary numbers have also varied, with a noticeable low in 2020 at 18 incidents. Motor vehicle thefts have seen an upward trend, particularly notable in 2022 with 62 reports. Vandalism incidents have generally decreased from a high of 27 in 2019. This data might be particularly significant for real estate investors and insurance agents assessing risk, as well as new residents or businesses considering the safety and security of Clark County.
Demographics
The demographic composition of Clark County, Indiana, reveals a relatively balanced gender split with a slight female majority in the adult population. Educational attainment varies, with a significant portion of residents being high school graduates or having some college experience, though fewer hold advanced degrees. Age distribution indicates a diverse span, but the population sees a noticeable decline in age groups over 75 years. Racially, the county remains predominantly White, though it... Read more
Race Distribution in Clark County, Indiana (2022)
Educational Attainment in Clark County, Indiana (2022)
Age Distribution in Clark County, Indiana
Citizen Population in Clark County, Indiana (2022)
Political Trends & Data
Clark County, Indiana, shows a distinctive Republican inclination in the 2020 U.S. Presidential Election, with Republicans capturing roughly 58% of the vote. This trend could imply a region where political preferences may influence future policy and economic decisions, including real estate development and regulation. The almost exclusive competition between Republicans and Democrats suggests a political environment that might affect market stability and investment potential, with minimal... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Clark County, Indiana, saw a notable Republican lean in the 2020 U.S. Presidential Election, with Republicans garnering approximately 58% of the vote. Democrats followed at around 40%, while Libertarians only managed about 2%. The absence of votes for the Green Party and other parties might suggest a localized political landscape heavily dominated by the two major parties.
58.18% of voters voted for the Republican party in the 2020 Presidential Election
39.91% of voters voted for the Democrat party in the 2020 Presidential Election
1.91% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Clark County, Indiana has experienced fluctuating student-to-teacher ratios, hitting a peak of around 23 students per teacher in 2015 and dropping to approximately 15 by 2023. This is now close to the national average of 14 students per teacher. For those considering moving or investing, the improved educational environment suggested by the lower ratio could enhance property values and the overall desirability of the area. This trend could also be useful for appraisers and insurance agents when... Read more
Student-to-teacher ratio in Clark County, Indiana over the last 10 years
Clark County, Indiana has seen a fluctuating student-to-teacher ratio over the past decade, with a significant peak at roughly 23 students per teacher in 2015 and a recent decline to about 15 in 2023. This recent drop brings the ratio in closer alignment with the national average of 14 students per teacher. For prospective investors, real estate agents, or those considering a move, a lower student-to-teacher ratio may indicate improved educational environments, potentially enhancing property values and desirability of the area. Appraisers and insurance agents might also find these trends relevant when assessing property worth and risk factors related to local education quality.
