DeKalb County Real Estate and Livability Trends
DeKalb County, Indiana, has experienced a notable rise in average taxable income, from $47,008.55 in 2013 to $72,471.89 in 2021, coupled with significant increases in state and local income taxes. Median home values jumped from $110,100 in 2015 to $157,700 by 2022, potentially making it a more affordable market for new homeowners and investors. Property crime trends, including a sharp decline in... Read more
DeKalb County Market Trends
Since 2015, the median home value in DeKalb County, Indiana climbed from $110,100 to $157,700 by 2022, trailing behind both state and national averages. This trend positions DeKalb County as a potentially more affordable option for investors and new homeowners. Real estate taxes per tax return more than doubled from $1,629.60 in 2012 to $3,290.63 in 2021, indicating a changing economic landscape... Read more
Median Value of Occupied Housing Units in DeKalb County, Indiana Over the Last 8 Years
Over the past eight years, the median home value in DeKalb County, Indiana saw a steady increase from $110,100 in 2015 to $157,700 in 2022. While this upward trend aligns with state and national patterns, DeKalb County's median values have remained lower compared to both Indiana and the broader United States. For instance, while the county saw a considerable rise in home values by $47,600, the state median value surged from $124,200 in 2015 to $183,600 in 2022, indicating a $59,400 increase. Nationally, homes appreciated from $125,500 to $179,400 in the same period. This data suggests potential opportunities for investors or new homeowners seeking more affordable real estate within a growing market.
Residential Energy Tax Credit Per Tax Return in DeKalb County, IN Over the Last 9 Years
Over the last nine years, there's been a significant variation in the average residential energy tax credit per tax return in DeKalb County, Indiana. While figures hovered in the mid-to-high $400.00s in the earlier years, there was a notable jump to $2850.00 in 2018. Post-2018, the levels seem to have stabilized somewhat but remained elevated compared to years prior, peaking again at $1079.63 in 2021. These fluctuations could likely indicate shifts in policy, energy efficiency investments, or changes in the housing market within the area, making it an essential factor for stakeholders to consider.
Average Real Estate Taxes Per Tax Return in DeKalb County, IN Over the Last 10 Years
Over the last decade, DeKalb County, Indiana has experienced a substantial increase in average real estate taxes per tax return. In 2012, the average was just about $1,629.60, but by 2021, it had surged to around $3,290.63. This sharp rise, especially notable after 2017, indicates a changing economic landscape that prospective investors, appraisers, and insurance agents should consider closely. Understanding these trends could be crucial for anyone looking to build or buy property, engage in real estate transactions, or simply manage financial expectations within the county.
Percentage of Farm Returns in DeKalb County, IN Over the Last 10 Years
Farm tax returns in DeKalb County, Indiana have seen a gradual decline over the past decade, dropping from around 3.17% in 2012 to approximately 2.70% in 2021. The consistent decrease suggests potential shifts in agricultural business dynamics or land use. For those considering investing, moving, or building property in the region, this trend might hint at evolving economic factors impacting the agricultural sector. While DeKalb County remains a crucial area for farming, understanding these changes can help in making informed decisions regarding land and property investments.
Number of Mortgages by Occupancy Type in DeKalb County, IN Over the Last 5 Years in DeKalb County
DeKalb County, Indiana has seen noticeable fluctuations in mortgage counts for different occupancy types over the past five years. The most significant changes occurred in the principal residence category, peaking at 3,184 in 2021, which suggests dynamic shifts in homeownership trends. In contrast, investment property mortgages have remained relatively stable, with slight variations, while second residence mortgages have consistently been minimal. Understanding these trends is crucial for investors, appraisers, builders, and real estate agents as they navigate demand patterns. These shifts can impact market strategies, property valuations, and development decisions. For those living in or moving to the area, these changes may reflect broader economic conditions and lifestyle choices, highlighting the localized impact of national market trends.
Economic Outlook
DeKalb County, Indiana has seen a consistent rise in average taxable income per tax return from $47,008.55 in 2013 to $72,471.89 in 2021, suggesting a strengthening local economy. Average state and local income taxes have also grown significantly, from $4,836.34 in 2012 to $15,671.83 in 2021, indicating an increasing tax burden that could impact financial planning for investors and potential residents. The county's total tax liability has shown notable fluctuations, starting at $6,636.14 in... Read more
Average Taxable Income per Tax Return in DeKalb County, IN over the last 9 years
Over the past nine years, DeKalb County, Indiana has seen a general upward trend in average taxable income per tax return, rising from $47,008.55 in 2013 to $72,471.89 in 2021. Notably, there's considerable growth from 2017 onwards, which could indicate a strengthening local economy. This consistent increase might make DeKalb County an appealing spot for investors and prospective residents looking for financial stability in their community.
Average State and Local Income Taxes Per Tax Return in DeKalb County, IN Over the Last 10 Years
Over the past decade, DeKalb County, Indiana has experienced a significant rise in average state and local income taxes per tax return, starting from $4,836.34 in 2012 and reaching $15,671.83 by 2021. This upward trend, with substantial jumps especially noticeable post-2017, indicates an increasing tax burden that potential residents and investors should be aware of. For those looking to build property or invest in this area, understanding these trends can be crucial for financial planning and assessing the overall economic environment of the county.
Average Total Tax Liability Per Tax Return in DeKalb County, IN Over the Last 10 Years
Over the past decade, DeKalb County, Indiana has seen significant fluctuations in average total tax liability per tax return. Starting at $6,636.14 in 2012 and reaching $11,419.56 in 2021, the trend shows a general increase with notable spikes in 2015 and 2017. This uptick may hint at various economic changes or policy shifts affecting residents, making it a critical factor for potential investors and residents to consider when evaluating the area's financial landscape.
Cost of Living in DeKalb County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,005 | $1,311 | $1,914 | $1,201 | $1,021 |
| 1 adult 4 children | $1,005 | $1,071 | $1,464 | $1,201 | $1,083 |
| 2 adults 3 children | $1,005 | $1,071 | $1,660 | $1,201 | $835 |
| 1 adult 3 children | $1,005 | $874 | $1,210 | $1,201 | $864 |
| 2 adults 2 children | $826 | $877 | $1,407 | $1,050 | $773 |
| 1 adult 2 children | $826 | $655 | $957 | $1,050 | $700 |
| 2 adults 1 child | $826 | $693 | $1,154 | $559 | $734 |
| 1 adult 1 child | $826 | $448 | $703 | $559 | $594 |
| 2 adults | $628 | $557 | $900 | $0 | $603 |
| 1 adult | $576 | $304 | $450 | $0 | $501 |
Safety trends & Data
DeKalb County, Indiana's property crime trends reveal some significant fluctuations over the last five years. Burglary incidents plummeted from 22 in 2018 to just 1 in 2020, only to slightly increase to 5 in 2022. Larceny-theft also dipped from 44 in 2018 to a low of 7 in 2020, before spiking to 30 by 2022. Motor vehicle theft has been minimal, with a peak of 8 in 2018 and zero incidents since 2021. Vandalism sharply decreased from 12 in 2018 to just 1 in 2022. These variable trends could be... Read more
Property Crime Trends in DeKalb County, IN Over the Last 5 Years
DeKalb County, Indiana has seen varying trends in property crime over the last five years. The number of burglary incidents dropped from 22 in 2018 to a low of 1 in 2020, with a slight increase to 5 in 2022. Larceny-theft showed a similar decrease from 44 in 2018 to 7 in 2020, but spiked again to 30 in 2022. Motor vehicle theft has been relatively low, peaking at 8 in 2018 and showing no incidents after 2021. Vandalism occurrences dropped from 12 in 2018 to just 1 by 2022. There is limited data on arson, with only one reported case in 2021. These shifts suggest dynamic changes in property crime, potentially influenced by economic, social, or law enforcement factors, and may be crucial for real estate agents, investors, and residents keeping an eye on safety and property values.
Demographics
DeKalb County, Indiana's adult population is almost evenly split between males and females, suggesting a balanced community dynamic. Educational attainment reveals a significant portion of residents have a high school diploma or some college experience, yet only a smaller fraction pursue higher education degrees. With the majority of its population being White, demographic diversity is limited. The age distribution indicates a fairly even spread across various age groups, though a modest skew... Read more
Race Distribution in DeKalb County, Indiana (2022)
Educational Attainment in DeKalb County, Indiana (2022)
Age Distribution in DeKalb County, Indiana
Citizen Population in DeKalb County, Indiana (2022)
Political Trends & Data
DeKalb County, Indiana leans heavily Republican, with the GOP possibly securing approximately 72.5% of the votes in the 2020 Presidential Election, while Democrats might have managed around 25.3%. Libertarians seem to have received about 2.2% of the vote. This conservative tilt could be shaping local political dynamics and strategies, potentially affecting everything from policy decisions to community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
DeKalb County in Indiana shows a significant lean towards the Republican party, which possibly received around 72.5% of the votes in the 2020 U.S. Presidential Election. Meanwhile, the Democratic party appears to have garnered roughly 25.3%, with the Libertarian party trailing at about 2.2%. The data suggests a strong conservative presence in the county, a factor that could be influencing local and state political strategies.
72.53% of voters voted for the Republican party in the 2020 Presidential Election
25.30% of voters voted for the Democrat party in the 2020 Presidential Election
2.17% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Dekalb County, Indiana, has experienced notable fluctuations in its student-to-teacher ratio over the past decade, peaking at 17 students per teacher in 2015 and dropping to about 15 in 2023. Historically above the national average of 14 students per teacher, this recent decline could suggest better educational resources or demographic shifts. This trend might attract families prioritizing education, property investors, and real estate agents evaluating the area’s growth potential. Appraisers... Read more
Student-to-teacher ratio in Dekalb County, Indiana over the last 10 years
Over the last decade, Dekalb County, Indiana, has seen its student-to-teacher ratio fluctuate, peaking at 17 students per teacher in 2015 and reaching a notable low of approximately 15 in 2023. Historically maintaining slightly above the national average of 14 students per teacher, the recent trend towards a lower ratio could be indicative of improved educational resources or demographic shifts. This could be an attractive point for families prioritizing education, potential property investors, and real estate agents assessing the area’s growth and development potential. Appraisers and insurance agents might also view this as a positive trend, reflecting a stable or improving community infrastructure.
