Hamilton County Real Estate and Livability Trends
Hamilton County, Indiana has seen remarkable income growth, with average taxable incomes jumping from $98,011.80 in 2013 to $147,322.07 in 2021, driving up both state and local taxes. Median home values have surged from $222,900 in 2015 to $350,900 in 2022, indicating strong potential returns for real estate investors. The area has also enhanced its education environment, with student-to-teacher... Read more
Hamilton County Market Trends
Hamilton County, Indiana has seen a significant rise in median home values, jumping from $222,900 in 2015 to $350,900 in 2022, outpacing both state and national trends. This sharp increase could make the area very attractive for property investment, hinting at strong future returns for current residents. Residential energy tax credits in the county have also surged, peaking at $2,184.38 in 2018,... Read more
Median Value of Occupied Housing Units in Hamilton County, Indiana Over the Last 8 Years
Hamilton County, Indiana, has experienced a significant upward trend in median home values over the past eight years, with figures climbing from $222,900 in 2015 to $350,900 in 2022. This growth outpaces both state and national trends, where Indiana's median home values rose from $124,200 to $183,600, and the nation's from $125,500 to $179,400 over the same period. Such robust increases potentially make Hamilton County an attractive option for property investment and development while offering current residents a promising return on property value.
Residential Energy Tax Credit Per Tax Return in Hamilton County, IN Over the Last 9 Years
Hamilton County, Indiana has shown significant fluctuations in the average Residential Energy Tax Credit per tax return over the past nine years. There's a clear upward trajectory from $340.99 in 2013 to $853.64 in 2021, with a notable spike in 2018 when it surged to $2,184.38. This variability likely indicates considerable shifts in energy-efficient home investments and policy changes. For investors, builders, and real estate agents, these trends suggest a growing emphasis on energy efficiency, which could influence property values and desirability. Appraisers and insurance agents should also consider these factors when evaluating properties and setting premiums, respectively.
Average Real Estate Taxes Per Tax Return in Hamilton County, IN Over the Last 10 Years
Over the past decade in Hamilton County, Indiana, real estate taxes per tax return appear to have experienced a noticeable upward trend. Starting at approximately $3,176.74 in 2012, they've more than doubled to around $6,160.12 by 2021. This gradual increase, particularly sharp over the last few years, is likely indicative of rising property values or changes in local tax policies. For investors, potential homeowners, and real estate professionals, this trend may suggest a growing demand and increasing market value in the area. Appraisers and insurance agents might also consider these tax trends as part of property valuation and risk assessment processes.
Percentage of Farm Returns in Hamilton County, IN Over the Last 10 Years
Hamilton County, Indiana has seen a gradual decline in the percentage of farm returns over the last decade, dropping from about 0.49% in 2012 to roughly 0.31% in 2021. Farm tax returns reflect the number of households or entities reporting income from farming operations, providing insight into the agricultural activity within the area. For potential investors, builders, or residents, this trend may suggest a shift away from agricultural land use, possibly indicating opportunities for commercial or residential development. This ongoing reduction could also reflect broader economic shifts in the county, signaling changes in land value and usage that may impact future planning and investment strategies.
Number of Mortgages by Occupancy Type in Hamilton County, IN Over the Last 5 Years in Hamilton County
Hamilton County, Indiana has seen varying trends in mortgage counts over the past five years with principal residences consistently dominating the market. Significant fluctuations, particularly in the number of mortgages for principal residences, peaked in 2020, potentially influenced by economic factors or market conditions, before declining in subsequent years. Investment properties and second residences have shown modest fluctuations, hinting at a possible dip in investment interest or changes in rental market dynamics. These shifts can influence property values, insurance considerations, and the overall appeal to potential investors or buyers who may prioritize stability and growth in their decisions.
Economic Outlook
Over nine years, Hamilton County, Indiana, has seen average taxable incomes rise from $98,011.80 in 2013 to $147,322.07 in 2021. The sharp rise in income, especially between 2020 and 2021, suggests growing affluence. This upward income trend is accompanied by increased state and local taxes, surging from $7,706.91 in 2012 to $18,847.55 in 2021. Higher total tax liabilities, rising from $19,728.45 in 2012 to $31,288.70 in 2021, further suggest robust economic conditions. Poverty rates in the... Read more
Average Taxable Income per Tax Return in Hamilton County, IN over the last 9 years
Hamilton County, Indiana has seen a marked increase in average taxable income over the past nine years, with figures rising from roughly $98,011.80 in 2013 to around $147,322.07 in 2021. This steady upward trend, particularly the sharp rise between 2020 and 2021, suggests a growing affluence in the area. This could indicate a robust local economy, making it potentially attractive for investors and those looking to move into or build property in the region.
Average State and Local Income Taxes Per Tax Return in Hamilton County, IN Over the Last 10 Years
Over the last decade, Hamilton County, Indiana has seen a significant increase in average state and local income taxes per tax return, rising from $7,706.91 in 2012 to $18,847.55 in 2021. This sharp uptick, particularly from 2017 onwards, suggests a robust economic growth or possibly higher earning residents. For investors and potential residents, this trend may indicate thriving local incomes, but also warrants consideration of the increasing tax burden.
Average Total Tax Liability Per Tax Return in Hamilton County, IN Over the Last 10 Years
Hamilton County, Indiana has experienced a noticeable upward trend in average total tax liability per tax return over the past decade, with the amount rising from around $19,728.45 in 2012 to approximately $31,288.70 in 2021. This escalation suggests a potential increase in income or changes in tax policies impacting residents. Higher tax liabilities could indicate robust economic growth and increased earnings, making it an intriguing prospect for investors, potential movers, or property developers interested in tapping into a progressively affluent population. However, those currently living in the area or planning to move should consider the financial implications of this trend on their personal finances.
Cost of Living in Hamilton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,750 | $1,576 | $1,807 | $2,039 | $1,759 |
| 1 adult 4 children | $1,750 | $1,287 | $1,390 | $2,039 | $1,858 |
| 2 adults 3 children | $1,750 | $1,288 | $1,564 | $2,039 | $1,486 |
| 1 adult 3 children | $1,750 | $1,051 | $1,147 | $2,039 | $1,633 |
| 2 adults 2 children | $1,334 | $1,054 | $1,321 | $1,794 | $1,184 |
| 1 adult 2 children | $1,334 | $787 | $904 | $1,794 | $1,231 |
| 2 adults 1 child | $1,334 | $833 | $1,078 | $999 | $1,019 |
| 1 adult 1 child | $1,334 | $538 | $661 | $999 | $926 |
| 2 adults | $1,124 | $669 | $835 | $0 | $784 |
| 1 adult | $966 | $365 | $418 | $0 | $621 |
Safety trends & Data
In Hamilton County, Indiana, property crimes like Larceny-Theft have consistently led the charts, with a notable peak at 327 occurrences in 2022. While Vandalism saw a worrying increase to 50 incidents in 2021, it slightly dipped to 44 in 2022. Motor Vehicle Thefts have quietly climbed from 30 in 2018 to 37 in 2022. Meanwhile, Fraud and Forgery show variable spikes, emphasizing the need for heightened financial security. These trends are crucial for investors and potential movers, shedding... Read more
Property Crime Trends in Hamilton County, IN Over the Last 5 Years
Over the past five years in Hamilton County, Indiana, property crimes like Larceny-Theft consistently top the charts, peaking in 2022 with 327 occurrences. Vandalism has seen a notable upswing, particularly alarming for property owners, increasing to 50 incidents in 2021 before slightly dropping to 44 in 2022. Motor Vehicle Thefts have quietly increased from 30 in 2018 to 37 in 2022. Fraud and Forgery have seen variable spikes, making it essential for businesses and residents alike to be vigilant about financial security measures. These trends are crucial for investors, real estate agents, and those considering moving to the area as they reflect underlying safety and security dynamics.
Demographics
Hamilton County, Indiana, may exhibit a stable gender distribution with a slight tilt towards a higher female population. Similarly, higher education seems to be a defining feature as 52,910 adults have achieved a graduate or professional degree. Age-wise, the county shows a balanced spread across different groups, but a notable peak at 35-44 years. Meanwhile, the racial composition remains predominantly White, though there's visible diversity with Asian and African American communities also... Read more
Race Distribution in Hamilton County, Indiana (2022)
Educational Attainment in Hamilton County, Indiana (2022)
Age Distribution in Hamilton County, Indiana
Citizen Population in Hamilton County, Indiana (2022)
Political Trends & Data
Hamilton County in Indiana tends to lean Republican, with Republicans securing just over 52% of the vote, while Democrats gained nearly 46%. This relatively close margin indicates a fairly competitive political landscape. Libertarian and other third-party votes are minimal, barely over 2% combined, suggesting that while the Republican base is strong, there's noticeable Democratic support, hinting at potential electoral volatility in future... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Hamilton County in Indiana shows a tendency to lean Republican, with just over 52% of the vote. Democrats are not too far behind at nearly 46%, indicating a fairly competitive political landscape. Libertarian and other third-party votes are minimal, barely making up more than 2% combined. This distribution could suggest that while Hamilton County has a strong Republican base, there's noticeable support for Democratic candidates, hinting at potential electoral volatility in future elections.
52.36% of voters voted for the Republican party in the 2020 Presidential Election
45.56% of voters voted for the Democrat party in the 2020 Presidential Election
2.01% 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
0.04% of voters voted for the Other party in the 2020 Presidential Election
School Data
Hamilton County, Indiana has seen its student-to-teacher ratio drop from a high of nearly 26 students per teacher in 2018 to around 17 in 2023, still above the national average of 14. This decrease may signal improved learning conditions through smaller class sizes, potentially enhancing individualized attention and student performance. Such dynamics might make the area more appealing for families, investors, and real estate agents, indicating a gradually strengthening educational environment... Read more
Student-to-teacher ratio in Hamilton County, Indiana over the last 10 years
Over the past decade, Hamilton County, Indiana has seen significant fluctuations in its student-to-teacher ratio, spiking to a high of nearly 26 students per teacher in 2018 and dropping to around 17 in 2023. While still above the national average of 14 students per teacher, the recent decrease may appeal to parents and educators. This trend potentially signals improved learning conditions through smaller class sizes, which could enhance individualized attention and overall student performance. Investors, real estate agents, and families might find these dynamics indicative of a gradually strengthening educational environment, making Hamilton County an attractive location for residential development and investment.
