Fulton County Real Estate and Livability Trends
Fulton County, Indiana, has seen a substantial rise in median home values from $95,400 in 2015 to $143,400 in 2022, indicating a dynamic real estate market that has outpaced many areas while still remaining accessible. The county's real estate taxes have shown notable volatility, with spikes like $2,720.83 in 2018, hinting at critical fluctuations in property values or tax policies. Despite... Read more
Fulton County Market Trends
Fulton County, Indiana, has experienced a significant rise in median home values from $95,400 in 2015 to $143,400 in 2022, outpacing many areas while still remaining below state and national figures. Real estate taxes in the county have shown notable volatility, especially with dramatic spikes like the one to $2,720.83 in 2018, suggesting critical fluctuations in property values or tax policies.... Read more
Median Value of Occupied Housing Units in Fulton County, Indiana Over the Last 8 Years
Fulton County, Indiana has seen an upward trend in median home values over the past 8 years, with a significant jump from $95,400 in 2015 to $143,400 in 2022. This increase aligns with a broader trend in Indiana, where median values went from $124,200 to $183,600 in the same period. However, it’s worth noting that Fulton County’s values have consistently stayed below both state and national levels, the latter of which reached $179,400 in 2022. This could indicate potential opportunities for real estate investment in Fulton County, as its market may offer more affordability while still reflecting overall growth.
Residential Energy Tax Credit Per Tax Return in Fulton County, IN Over the Last 9 Years
Fulton County, Indiana has seen fluctuating residential energy tax credits per tax return over the past nine years, with significant peaks in 2018 and 2020 at $1,200.00 and $878.57, respectively. These variations may indicate changing policies or increased investments in energy-efficient home improvements during those years. For investors, homeowners, and real estate professionals, understanding these credit trends can be crucial for financial planning, property valuation, and leveraging potential savings on energy-efficient upgrades.
Average Real Estate Taxes Per Tax Return in Fulton County, IN Over the Last 10 Years
Real estate taxes in Fulton County, Indiana have shown significant fluctuations over the past decade, starting from approximately $1,355.63 in 2012, dipping slightly to around $1,258.78 in 2014, and then experiencing a sharp increase to about $2,704.76 by 2021. Notably, 2018 saw a dramatic spike to $2,720.83, suggesting substantial changes in property values or tax policies during this period. Investors and real estate agents might view this volatility as a signal to closely monitor market and legislative changes, while prospective homeowners and those already residing in the area might need to consider these trends when budgeting for future property taxes.
Percentage of Farm Returns in Fulton County, IN Over the Last 10 Years
In Fulton County, Indiana, the percentage of farm returns has seen a slight decline over the past decade, fluctuating between roughly 5.87% in 2012 and 5.02% in 2021. Farm tax returns reflect the agricultural sector's contribution to local tax revenues and provide insight into the economic health of farms in the area. This subtle downward trend might suggest gradual changes in farm profitability or shifts in land use. Investors, builders, and residents should consider how these agricultural dynamics could influence property values, economic opportunities, and community developments.
Number of Mortgages by Occupancy Type in Fulton County, IN Over the Last 5 Years in Fulton County
In Fulton County, Indiana, over the last five years, there has been a noticeable fluctuation in the number of mortgages across different occupancy types. Principal residences dominate the mortgage landscape, consistently leading with higher counts, while investment properties and second residences maintain lower but relatively stable numbers. For prospective investors, this trend suggests a stable market for principal residences, which could indicate solid demand and potential returns on residential investments. Real estate agents and appraisers might find this data useful as it highlights the demand for various property types, guiding pricing and market strategies. Insurers and builders should note these trends as shifts in occupancy types can impact risk assessments and development planning.
Economic Outlook
The average taxable income per tax return in Fulton County, Indiana has climbed from $45,073.64 in 2013 to $62,026.55 in 2021, hinting at economic growth and higher earning potential. This increase in income might make the area more appealing to investors and homebuyers looking for premium development opportunities. Moreover, state and local income taxes per tax return have dramatically risen from $5,703.68 in 2012 to $13,379.17 by 2021, suggesting rising incomes and greater tax revenues.... Read more
Average Taxable Income per Tax Return in Fulton County, IN over the last 9 years
The average taxable income per tax return in Fulton County, Indiana has seen a steady upward trend over the last nine years, rising from $45,073.64 in 2013 to $62,026.55 in 2021. This significant increase potentially signals economic growth and higher earning potential in the area, which might be attractive to investors and those considering relocation. For anyone interested in property development, these figures could indicate a more affluent local population, paving the way for premium development opportunities.
Average State and Local Income Taxes Per Tax Return in Fulton County, IN Over the Last 10 Years
Over the last decade, Fulton County, Indiana has seen a steady increase in average state and local income taxes per tax return, with a sharp rise starting in 2018. From $5,703.68 in 2012, figures jumped to $13,379.17 by 2021, signaling significant economic developments and potential budgetary shifts in the county. This trend could indicate rising incomes and subsequent higher tax revenues, making it an attractive spot for new investment opportunities.
Average Total Tax Liability Per Tax Return in Fulton County, IN Over the Last 10 Years
Over the last decade, Fulton County, Indiana has seen fluctuating but generally increasing average total tax liabilities per tax return, spiking notably by 2021. Starting from $6,944.74 in 2012 and reaching $9,364.82 in 2021, this marks a significant upward trend that could reflect various economic shifts, including possible income growth or changes in tax policy. For those considering investment or relocation, this tax landscape might suggest an evolving economic environment worth monitoring.
Cost of Living in Fulton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,013 | $1,291 | $1,895 | $1,204 | $1,020 |
| 1 adult 4 children | $1,013 | $1,054 | $1,449 | $1,204 | $1,087 |
| 2 adults 3 children | $1,013 | $1,055 | $1,644 | $1,204 | $835 |
| 1 adult 3 children | $1,013 | $861 | $1,198 | $1,204 | $869 |
| 2 adults 2 children | $832 | $863 | $1,393 | $1,052 | $774 |
| 1 adult 2 children | $832 | $645 | $947 | $1,052 | $682 |
| 2 adults 1 child | $832 | $682 | $1,143 | $560 | $719 |
| 1 adult 1 child | $832 | $441 | $697 | $560 | $596 |
| 2 adults | $639 | $548 | $892 | $0 | $605 |
| 1 adult | $580 | $299 | $446 | $0 | $501 |
Safety trends & Data
Fulton County, Indiana has experienced a slight reduction in larceny-theft from 2 incidents in 2020 to 1 in 2021, while burglary and motor vehicle theft have both remained steady at 1 reported case each year. These trends suggest a stable environment with some positive indicators for potential investors, residents, and real estate professionals. This could be particularly relevant for those eyeing property development or real estate transactions in the... Read more
Property Crime Trends in Fulton County, IN Over the Last 2 Years
Fulton County, Indiana has seen a slight reduction in larceny-theft incidents, from 2 in 2020 to 1 in 2021. Burglary and motor vehicle theft occurrences have remained steady, each with 1 reported case annually over the last two years. These crime trends may suggest a relatively stable environment with some encouraging signs for potential investors, residents, and professionals involved in the property sector. This could be particularly relevant for those considering property development or real estate transactions in the area.
Demographics
Fulton County, Indiana presents a near-even split between male and female adults, indicative of balanced gender representation. Educational attainment reveals a populace heavily skewed towards high school graduates and those with some college experience but no degree, suggesting an opportunity for educational advancements. Age distribution shows the largest groups are under 10 years and those between 55 to 64 years, implying a community balancing young dependents with a nearing-retirement... Read more
Race Distribution in Fulton County, Indiana (2022)
Educational Attainment in Fulton County, Indiana (2022)
Age Distribution in Fulton County, Indiana
Citizen Population in Fulton County, Indiana (2022)
Political Trends & Data
In Fulton County, Indiana, the 2020 Presidential Election results hint at a strong Republican presence, echoing common trends in rural areas. Democrats secured roughly 25% of the votes, showcasing some bipartisan support, while third-party votes remained minimal. This voting pattern offers valuable insights for shaping future campaign... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Fulton County, Indiana, the 2020 U.S. Presidential Election results suggest a significant tilt towards the Republican party, which possibly aligns with broader rural voting patterns. The Democrats garnered about a quarter of the votes, indicating some level of bipartisan support compared to smaller third-party votes. This distribution may provide insights into the political leanings and potential areas of focus for campaign strategies in future elections.
73.18% of voters voted for the Republican party in the 2020 Presidential Election
24.93% of voters voted for the Democrat party in the 2020 Presidential Election
1.86% of voters voted for the Livertarian party in the 2020 Presidential Election
0.03% of voters voted for the Green party in the 2020 Presidential Election
School Data
Fulton County, Indiana has experienced a significant drop in its student-to-teacher ratio, falling from around 18 students per teacher in 2014 to approximately 13 students per teacher in 2023. This lower ratio is below the current U.S. national average, making the area more appealing for families who value personalized attention in education. This trend could positively impact local property values and demand, providing opportunities for investors, real estate agents, and developers to... Read more
Student-to-teacher ratio in Fulton County, Indiana over the last 10 years
Over the past decade, Fulton County, Indiana has seen a notable decrease in its student-to-teacher ratio. Starting at around 18 students per teacher in 2014, the ratio has dropped to approximately 13 students per teacher in 2023, falling below the current U.S. national average of 14 students per teacher. Such a trend could potentially attract families considering relocation to the area, as smaller class sizes often imply more personalized attention for students. For investors and real estate agents, this could mean an increased market appeal for properties within the county. Meanwhile, appraisers and insurance agents should note that enhancements in educational metrics might influence property values and local demand. This shift could also guide developers in tailoring new educational facilities to meet changing community needs.
