Greene County Real Estate and Livability Trends
Greene County, Indiana, shows an intriguing economic profile with the average taxable income per tax return climbing from $43,661.10 in 2013 to $57,128.05 by 2021 and state and local income taxes rising sharply, reflecting potential economic stability and growth. The median home values have risen from $90,500 in 2015 to $116,400 in 2022, signaling investment opportunities despite being below... Read more
Greene County Market Trends
Greene County, Indiana has seen a rise in median home values from $90,500 in 2015 to $116,400 in 2022, signaling potential growth opportunities despite being below state and national averages. The average residential energy tax credit also showed substantial fluctuations, peaking at $2,000.00 in 2018, suggesting significant periods of investment in energy efficiency. Real estate taxes per tax... Read more
Median Value of Occupied Housing Units in Greene County, Indiana Over the Last 8 Years
Over the last eight years, Greene County, Indiana has experienced a steady rise in median home values, increasing from $90,500 in 2015 to $116,400 in 2022. Although values in Greene County are lower than the state and national averages, which reached $183,600 and $179,400 respectively in 2022, the consistent growth might signal emerging opportunities for those looking to invest in or move to this area. Comparing to broader trends, the appreciation rates indicate potential for future growth and affordable entry points in the housing market.
Residential Energy Tax Credit Per Tax Return in Greene County, IN Over the Last 9 Years
Greene County, Indiana has exhibited fluctuating trends in the average residential energy tax credit per tax return over the past nine years. The values rose steadily from $420.45 in 2013 to a high of $2000.00 in 2018, suggesting significant investment in energy-efficient home improvements during this period. Post-2018, the average tax credit experienced a drop to $831.25 in 2019, before stabilizing around $547.83 to $785.00 in the following years. These shifts could be indicative of changes in energy credit policies, economic conditions, or incentives that might interest potential investors, homebuilders, and real estate professionals evaluating the market dynamics in Greene County.
Average Real Estate Taxes Per Tax Return in Greene County, IN Over the Last 10 Years
Greene County, Indiana has experienced a noticeable increase in average real estate taxes per tax return over the past decade, climbing from approximately $1,354.30 in 2012 to around $2,089.66 in 2021. This upward trend might reflect rising property values or local government adjustments. For potential investors, homebuyers, and professionals associated with real estate, these figures suggest a financial atmosphere that could influence property affordability and investment returns. The steady increase is worth noting when appraising properties or calculating insurance premiums, as it could impact overall costs or budget plans for those living or conducting business in the area.
Percentage of Farm Returns in Greene County, IN Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Greene County, Indiana has displayed a slight decline. Starting around 5.00% in 2012, it experienced a modest dip to approximately 4.83% by 2021. Notable dips occurred in 2018 and 2020, dipping to roughly 4.53% and 4.43%, respectively, indicating potential variability in agricultural productivity or shifts in the farming economy. Farm tax returns reflect the portion of tax filings attributed to agricultural income, a key indicator of rural economic health. Understanding these trends can be critical for potential investors, developers, and those considering moving to or engaging with the agricultural community in Greene County.
Number of Mortgages by Occupancy Type in Greene County, IN Over the Last 5 Years in Greene County
Greene County, Indiana has seen varying trends in mortgage counts by occupancy type over the last five years. Principal residences consistently dominate, with a peak in 2021 at 1,870, while investment properties and second residences remain relatively low. Understanding these shifts is crucial for investors and developers as it highlights the primary demand for housing is for owner-occupants, not investments or vacation homes. This skew can impact property values and insurance rates, as higher owner-occupation usually stabilizes neighborhoods and results in lower risk. Additionally, real estate agents can tailor their marketing to primarily target primary home buyers, given this evident preference.
Economic Outlook
In Greene County, Indiana, the average taxable income per tax return has consistently climbed from $43,661.10 in 2013 to $57,128.05 by 2021. Alongside this, state and local income taxes have also risen sharply from $4,212.66 in 2012 to $6,958.06 in 2021, especially from 2017 forwards. The total tax liability followed a similar pattern, peaking at $7,417.65 in 2021. These trends suggest potential economic stability and growth, making Greene County an intriguing prospect for potential investors,... Read more
Average Taxable Income per Tax Return in Greene County, IN over the last 9 years
Over the past nine years, the average taxable income per tax return in Greene County, Indiana has shown a consistent upward trajectory. Starting at $43,661.10 in 2013, it reached $57,128.05 by 2021. This general increase in income might suggest growing economic stability and potential prosperity in the area, which could be appealing for investors and prospective residents. Potential homebuilders and property developers might find Greene County, particularly intriguing considering these positive financial trends.
Average State and Local Income Taxes Per Tax Return in Greene County, IN Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Greene County, Indiana have steadily increased, jumping from $4,212.66 in 2012 to $6,958.06 in 2021. This sharp rise, particularly noticeable from 2017 onwards, indicates escalating fiscal pressures, which is crucial for potential investors, property developers, and new residents to consider when evaluating financial commitments and the economic health of the county.
Average Total Tax Liability Per Tax Return in Greene County, IN Over the Last 10 Years
Greene County, Indiana has showcased a noticeable fluctuation in average total tax liability per tax return over the past decade, with a general upward trend. The tax liability fell in 2013 to $5,936.65 from $6,004.05 in 2012, but saw a steady climb afterwards, peaking at $7,417.65 in 2021. Such a trend might hint at rising income levels or changes in tax policies, making it a potentially lucrative area for prospective investors and new residents looking for economic growth.
Cost of Living in Greene County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,132 | $1,182 | $1,738 | $1,241 | $996 |
| 1 adult 4 children | $1,132 | $966 | $1,328 | $1,241 | $1,082 |
| 2 adults 3 children | $1,132 | $966 | $1,509 | $1,241 | $828 |
| 1 adult 3 children | $1,132 | $789 | $1,099 | $1,241 | $880 |
| 2 adults 2 children | $826 | $791 | $1,279 | $1,085 | $735 |
| 1 adult 2 children | $826 | $591 | $869 | $1,085 | $649 |
| 2 adults 1 child | $826 | $625 | $1,050 | $577 | $686 |
| 1 adult 1 child | $826 | $404 | $640 | $577 | $577 |
| 2 adults | $632 | $502 | $820 | $0 | $576 |
| 1 adult | $584 | $274 | $410 | $0 | $489 |
Safety trends & Data
Property crime in Greene County, Indiana, has seen an uptick, especially in larceny-theft incidents, rising from 2 in 2018 to 39 in 2022. Burglary cases have also increased from 1 to 6 in the same period. While motor vehicle theft and vandalism rates remain stable, the rise in theft and burglary could potentially impact property values and insurance premiums. This trend is crucial for investors, builders, and residents to consider when assessing the... Read more
Property Crime Trends in Greene County, IN Over the Last 5 Years
Property crime trends in Greene County, Indiana, reveal a noticeable increase, particularly in larceny-theft incidents, which jumped from just 2 in 2018 to 39 in 2022. Burglary occurrences also trended upward, rising from 1 in 2018 to 6 in 2022. While motor vehicle theft and vandalism showed relatively stable numbers, the heightened rates of theft and burglary may affect property values and insurance premiums, making it essential for potential investors, builders, and residents to factor in these variables when evaluating the area.
Demographics
Greene County, Indiana shows a slightly higher male population compared to females, and a predominantly white demographic with marginal representation from other racial groups. The educational landscape reveals a majority have completed high school, but relatively few attain bachelor's or higher degrees. The age distribution hints at a balanced population spread, albeit with more individuals in the middle-aged brackets. Such trends may influence local resources and services, subtly impacting... Read more
Race Distribution in Greene County, Indiana (2022)
Educational Attainment in Greene County, Indiana (2022)
Age Distribution in Greene County, Indiana
Citizen Population in Greene County, Indiana (2022)
Political Trends & Data
Greene County, Indiana, appears to skew heavily Republican based on the 2020 U.S. Presidential Election, with a majority vote likely favoring the GOP. Democratic support exists but is not as prominent, and minor parties like the Libertarians and Greens barely make a dent. This political climate might suggest a traditional and stable environment with minimal sway from smaller political factions, potentially impacting local policy and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Greene County, Indiana, the 2020 U.S. Presidential Election results indicate a strong leaning toward the Republican Party, with a significant majority of the votes possibly favoring them. Although Democrats garnered substantial support, it is less dominant in comparison. Minor parties such as Libertarians and Greens have a negligible presence, which suggests that the political landscape in this county might be relatively traditional and stable, with limited influence from smaller political factions.
75.10% of voters voted for the Republican party in the 2020 Presidential Election
22.92% of voters voted for the Democrat party in the 2020 Presidential Election
1.96% of voters voted for the Livertarian party in the 2020 Presidential Election
0.01% of voters voted for the Green party in the 2020 Presidential Election
0.01% of voters voted for the Other party in the 2020 Presidential Election
School Data
Greene County, Indiana, has consistently maintained a student-to-teacher ratio around 16 over the past decade, compared to the national average of 14. This higher ratio might suggest challenges in personalized student attention, influencing families focused on education quality. For real estate professionals, this could signal a slightly strained educational infrastructure, important for assessing long-term community growth and property values. Insurance agents and appraisers might also find... Read more
Student-to-teacher ratio in Greene County, Indiana over the last 10 years
Over the last decade, Greene County, Indiana, has maintained a student-to-teacher ratio hovering around 16, consistently above the national average of 14. This generally higher ratio might signal potential challenges in personalized student attention, potentially influencing families prioritizing education quality. For real estate agents, investors, and developers, the trend suggests a stable yet slightly strained educational infrastructure—an important factor to keep in mind when assessing long-term community growth and property values. Insurance agents and appraisers might also consider this trend as it can subtly impact school funding and local property demand.
