Dearborn County Real Estate and Livability Trends
Dearborn County, Indiana, has seen average home values rise from $159,100 in 2015 to $210,800 in 2022, indicating a potentially lucrative market. Tax returns show an increase in average taxable income from $53,609.78 in 2013 to $73,166.60 in 2021, hinting at economic strengthening. Real estate taxes have also ascended from $2,022.94 in 2012 to $3,163.83 by 2021, possibly due to rising property... Read more
Dearborn County Market Trends
Home values in Dearborn County, Indiana, have surged from $159,100 in 2015 to $210,800 in 2022, outpacing both the state and national averages, which suggests a more lucrative market for investors. The residential energy tax credit per tax return experienced a dramatic spike to $3,960.00 in 2018, followed by a significant drop and continued volatility, indicating changing policies or taxpayer... Read more
Median Value of Occupied Housing Units in Dearborn County, Indiana Over the Last 8 Years
Home values in Dearborn County, Indiana, have surged from $159,100 in 2015 to $210,800 in 2022. This growth outpaces both the state of Indiana, where median values rose from $124,200 to $183,600 during the same period, and the national average, which moved from $125,500 to $179,400. This trend indicates a compelling opportunity for those looking to invest or move to Dearborn County, as the local real estate market seems to be gaining higher value, potentially offering better returns and increasing property equity over time.
Residential Energy Tax Credit Per Tax Return in Dearborn County, IN Over the Last 9 Years
In Dearborn County, Indiana, the average residential energy tax credit per tax return has experienced substantial fluctuations over the past nine years. Notably, 2018 saw a dramatic spike to $3960.00, starkly higher than any other year, suggesting unusual energy investments or tax incentives that year. This was followed by a considerable drop in 2019 to $1579.31 and continued volatility, with 2021 ending at $1018.75. This variability may indicate changing local policies, varying levels of energy-efficient home improvements, or shifting taxpayer engagement with energy credits. These trends could be pivotal for investors, property builders, and real estate agents considering energy-efficient developments in the area.
Average Real Estate Taxes Per Tax Return in Dearborn County, IN Over the Last 10 Years
Average real estate taxes per tax return in Dearborn County, Indiana, have shown a general upward trend over the past decade, with notable increases especially after 2017. From $2,022.94 in 2012, taxes have climbed to $3,163.83 by 2021. The years 2018 and 2019 marked significant jumps to $2,898.20 and $3,050.44, respectively, suggesting a possible change in local tax policies or property values. This trend might matter to potential investors, homebuyers, appraisers, and real estate agents, as rising taxes could impact budgeting and property market dynamics in the area.
Percentage of Farm Returns in Dearborn County, IN Over the Last 10 Years
Dearborn County, Indiana has seen a gradual decrease in the percentage of farm returns over the last 10 years, starting from approximately 2.31% in 2012 to around 1.92% in 2021. This steady decline may suggest shifts in economic focus or land use within the county, potentially impacting future investments in agricultural ventures. For those interested in agricultural investments, property development, or moving to the area, this trend might be a critical factor to consider. Farm tax returns serve as an indicator of agricultural activity and economic health within the farming sector. Declining percentages could imply fewer active farms or reduced profitability, which in turn could influence land value, local economy, and the community profile. Understanding these dynamics can help identify emerging opportunities or risks, making this data valuable for stakeholders in Dearborn County.
Number of Mortgages by Occupancy Type in Dearborn County, IN Over the Last 5 Years in Dearborn County
The trend in Dearborn County, Indiana, shows a fluctuating number of mortgages across different occupancy types over the last five years. Notably, there is a significant dominance of principal residence mortgages, peaking at 4,372 in 2021 before dropping to 2,715 in 2022. Investment properties and second residences represent a much smaller segment but have also exhibited minor variations, with peak values of 91 and 32 respectively, in 2020. Changes in occupancy types are critical because they signal shifts in market demand and investment potential; a surge in principal residence mortgages might indicate a robust local economy or increased desirability for long-term living, whereas a rise in investment properties could suggest growing confidence in rental yields or property appreciation, affecting appraisals, insurance rates, and real estate strategies.
Economic Outlook
Dearborn County, Indiana has seen a steady increase in average taxable income per tax return from $53,609.78 in 2013 to $73,166.60 in 2021, pointing to a possibly stronger local economy. Alongside this, state and local income taxes have almost doubled from $4,929.72 in 2012 to $9,747.42 in 2021, reflecting changes in the fiscal landscape. Additionally, the average total tax liability per tax return has generally trended upward, peaking at $10,822.66 in 2021. These financial trends may influence... Read more
Average Taxable Income per Tax Return in Dearborn County, IN over the last 9 years
Dearborn County, Indiana has shown a noticeable upward trend in average taxable income per tax return over the past nine years. Starting at $53,609.78 in 2013, the income has generally increased, reaching $73,166.60 in 2021. This growth could suggest a stronger local economy and might make the area more attractive for new residents and investors. Such financial health could also positively affect property values and the overall investment appeal of the county.
Average State and Local Income Taxes Per Tax Return in Dearborn County, IN Over the Last 10 Years
Dearborn County, Indiana, has experienced a significant upward trend in average state and local income taxes per tax return over the last decade. Starting from $4,929.72 in 2012, the amount has nearly doubled to $9,747.42 by 2021. Noteworthy jumps occurred in 2018 and beyond, indicating a substantial increase in tax burdens. This trend is crucial for potential investors and residents as it reflects the evolving fiscal landscape, potentially impacting property values, cost of living, and overall financial planning.
Average Total Tax Liability Per Tax Return in Dearborn County, IN Over the Last 10 Years
Dearborn County, Indiana has seen notable fluctuations in the average total tax liability per tax return over the past decade. Starting at $7,966.02 in 2012, there was a dip in 2013 to $7,717.53 but it generally trended upward, peaking dramatically at $10,822.66 in 2021. This rise suggests economic activities and changes in tax regulations that may affect residents' financial planning and potential investors eyeing property development in the area. It’s crucial for those interested to monitor these trends as they can impact the overall cost of living and investment returns in Dearborn County.
Cost of Living in Dearborn County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,259 | $1,315 | $1,844 | $1,682 | $1,326 |
| 1 adult 4 children | $1,259 | $1,074 | $1,418 | $1,682 | $1,428 |
| 2 adults 3 children | $1,259 | $1,074 | $1,596 | $1,682 | $1,100 |
| 1 adult 3 children | $1,259 | $877 | $1,170 | $1,682 | $1,204 |
| 2 adults 2 children | $940 | $879 | $1,348 | $1,481 | $922 |
| 1 adult 2 children | $940 | $657 | $922 | $1,481 | $910 |
| 2 adults 1 child | $940 | $695 | $1,100 | $825 | $841 |
| 1 adult 1 child | $940 | $449 | $674 | $825 | $719 |
| 2 adults | $722 | $558 | $852 | $0 | $651 |
| 1 adult | $629 | $305 | $426 | $0 | $518 |
Safety trends & Data
In Dearborn County, Indiana, the property crime landscape has seen significant changes over the past four years. Larceny-Theft incidents plummeted from 67 in 2018 to just 2 by 2022, while crimes like Burglary and Motor Vehicle Theft consistently remained on the lower end. However, a notable spike in Embezzlement cases in 2021 suggests specific vulnerabilities. These fluctuating trends could be pivotal for property investors and insurance agents in terms of risk assessment and strategic... Read more
Property Crime Trends in Dearborn County, IN Over the Last 4 Years
Over the past four years in Dearborn County, Indiana, significant fluctuations in property crimes are evident. Larceny-Theft showed a sharp drop from a high of 67 incidents in 2018 to just 2 cases by 2022. Crimes like Burglary and Motor Vehicle Theft remained consistently low, while incidents of Embezzlement spiked in 2021. The varied nature of these crimes suggests shifting priorities for law enforcement and potential areas of concern for property investors and insurance agents. Understanding these trends could inform risk assessments and investment strategies for real estate developers and prospective residents alike.
Demographics
Dearborn County, Indiana, shows a nearly equal distribution of male and female adults based on 2022 data. The educational level indicates that most residents have at least a high school diploma, with a reasonable number holding bachelor's and advanced degrees. Age-wise, the county has a balanced age distribution with significant populations in both younger and older age brackets. Racially, the population is predominantly white, with minorities making up a very small proportion. This demographic... Read more
Race Distribution in Dearborn County, Indiana (2022)
Educational Attainment in Dearborn County, Indiana (2022)
Age Distribution in Dearborn County, Indiana
Citizen Population in Dearborn County, Indiana (2022)
Political Trends & Data
Dearborn County, Indiana, leaned heavily Republican in the 2020 U.S. Presidential Election, with approximately 77% of the vote. Democrats captured just over 21%, and minor parties, including the Libertarian Party, received around 1.5%. This strong conservative presence could potentially influence local policies and the real estate market dynamics, reflecting broader statewide and national trends in voter... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Dearborn County, Indiana, appears to lean heavily Republican, with nearly 77% of the vote in the 2020 U.S. Presidential Election. Democrats garnered just over 21%, while minor parties like the Libertarian Party received around 1.5%. These figures might suggest a strong conservative presence, though their implications could vary based on broader trends and shifts in voter behavior across the state and nation.
76.93% of voters voted for the Republican party in the 2020 Presidential Election
21.46% of voters voted for the Democrat party in the 2020 Presidential Election
1.52% of voters voted for the Livertarian party in the 2020 Presidential Election
0.05% 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
Dearborn County, Indiana's student-to-teacher ratio has shown variability over the past decade, starting just under 19 in 2014 and dipping to its lowest at nearly 15 in 2021, with a subsequent rise to about 16.47 in 2023. While still above the national average of 14, this trend could hint at larger classroom sizes and may influence school funding, classroom management, and educational quality. Potential investors, homebuyers, and people in the education sector might find these fluctuations... Read more
Student-to-teacher ratio in Dearborn County, Indiana over the last 10 years
Dearborn County, Indiana has experienced notable fluctuations in its student-to-teacher ratio over the last decade. Starting at just under 19 students per teacher in 2014, the ratio has seen a general decline with some ups and downs over the years, reaching its lowest value of nearly 15 in 2021 before slightly increasing in the last two years to about 16.47 in 2023. This is still above the national average of 14, which could suggest higher classroom sizes compared to national norms. For potential investors, homebuyers, and those in the education sector, this trend may have implications for school funding allocation, classroom management, and potentially the quality of education delivered.
