Huntington County Real Estate and Livability Trends
Huntington County, Indiana, has experienced some remarkable fiscal and real estate trends. The jump in average taxable income from $46,027.28 in 2013 to $61,563.58 in 2021 suggests a potential post-pandemic economic rebound. However, the rise in average state and local income taxes to $11,105.77 by 2021 indicates significant financial adjustments for residents. Real estate market trends reveal a... Read more
Huntington County Market Trends
Huntington County, Indiana, has seen a notable rise in median home values, jumping from $113,300 in 2021 to $134,000 in 2022, indicating a potentially burgeoning market despite historically trailing state and national averages of $183,600 and $179,400, respectively. Real estate taxes per return have notably increased from $1,443.41 in 2012 to $3,282.22 in 2021, suggesting rising property values... Read more
Median Value of Occupied Housing Units in Huntington County, Indiana Over the Last 8 Years
Huntington County, Indiana has seen a substantial rise in median home values over the last eight years, particularly with a significant jump from $113,300 in 2021 to $134,000 in 2022. While these values have historically trailed behind state and national averages—Indiana's median home value in 2022 was $183,600, and nationally it was $179,400—the recent sharp increase in Huntington County could suggest a burgeoning market. This uptrend might draw interest from potential investors and homebuyers looking for areas with growth potential within Indiana.
Residential Energy Tax Credit Per Tax Return in Huntington County, IN Over the Last 9 Years
Huntington County, Indiana has seen significant fluctuations in residential energy tax credits over the last nine years. After starting at around $562.12 in 2013, there was a noticeable increase to $828.89 by 2015, before a sharp rise to $3,000 in 2018. Despite a drop the following year to $990, the credit value rebounded to over $1,082.76 in 2021. This volatility might suggest an evolving landscape for residential energy investments, perhaps indicating changing policies or varying adoption rates of energy-efficient technologies. For real estate professionals, insurance agents, and potential investors, these trends could imply a potential for future growth in energy-efficient home investments.
Average Real Estate Taxes Per Tax Return in Huntington County, IN Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Huntington County, Indiana, have shown a noticeable upward trajectory. Starting at $1,443.41 in 2012, the average tax saw steady, incremental increases until a pronounced spike occurred in 2018, reaching $2,535.09. This sharp rise continued up to $3,282.22 in 2021. This trend may imply growing property values or changes in tax policy, signaling a potentially evolving real estate landscape that could interest investors, developers, and real estate professionals analyzing market conditions.
Percentage of Farm Returns in Huntington County, IN Over the Last 10 Years
In Huntington County, Indiana, the percentage of farm tax returns over the last decade has shown a slight decline, dropping from around 3.02% in 2012 to approximately 2.70% in 2021. This indicates a small but noticeable decrease in the number of farm-related tax filings, which could suggest shrinking agricultural activities or shifts in local economic focus. For potential investors, builders, or those considering moving to or investing in Huntington County, it's worth noting that this trend may signal changing dynamics in the rural economy and land use. Farm tax returns are typically filed by individuals or entities engaged in agricultural production, indicating active farming operations. A decrease in these returns might imply fewer active farms or transitions towards other types of land utilization, which could affect property values, local markets, and investment opportunities.
Number of Mortgages by Occupancy Type in Huntington County, IN Over the Last 5 Years in Huntington County
Huntington County, Indiana, has shown a consistent dominance of mortgages for principal residences over the past five years, with investment properties and second residences comprising a significantly smaller portion. For investors, the relatively low number of investment property mortgages could imply limited competition and potential opportunities for growth. Homebuilders and real estate agents might find the steady demand for primary residences encouraging for market stability. Appraisers and insurance agents should note these trends as they could affect property valuations and risk assessments.
Economic Outlook
Average taxable income per tax return in Huntington County, Indiana climbed from $46,027.28 in 2013 to $61,563.58 in 2021, signaling a potential positive post-pandemic recovery. With average state and local income taxes per tax return more than doubling over the last decade to $11,105.77 by 2021, significant financial shifts are evident. The increase in total tax liability to $9,408.93 in 2021 also highlights crucial economic changes. This data suggests a strengthening economic environment and... Read more
Average Taxable Income per Tax Return in Huntington County, IN over the last 9 years
Average taxable income per tax return in Huntington County, Indiana has shown a general upward trend over the past nine years, reaching $61,563.58 in 2021 from $46,027.28 in 2013. Notably, there was a significant jump between 2020 and 2021, suggesting perhaps a positive post-pandemic recovery or other economic factors at play. For those looking to invest, move to, or build property in the area, this rise in average taxable income could signal a strengthening economic environment and improving standard of living.
Average State and Local Income Taxes Per Tax Return in Huntington County, IN Over the Last 10 Years
Huntington County, Indiana has seen a significant increase in average state and local income taxes per tax return over the last decade. Starting at $4,703.69 in 2012, the taxes have more than doubled, reaching $11,105.77 by 2021. The steepest jumps were observed between 2017 and 2018, and again from 2020 to 2021, indicating substantial financial shifts within the county. These rising taxes reflect increased fiscal responsibilities for residents and suggest a growing economic landscape, essential information for potential investors, property developers, and anyone considering moving to the area.
Average Total Tax Liability Per Tax Return in Huntington County, IN Over the Last 10 Years
Over the last decade, Huntington County, Indiana, has seen a significant increase in average total tax liability per tax return. From $6,157.17 in 2012 to $9,408.93 in 2021, these figures highlight a trend that potential investors, property developers, and residents should consider. The spike in 2021 might be indicative of economic shifts or changes in local tax policies that could impact financial planning and decision-making.
Cost of Living in Huntington County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,049 | $1,271 | $1,914 | $1,232 | $1,033 |
| 1 adult 4 children | $1,049 | $1,038 | $1,464 | $1,232 | $1,101 |
| 2 adults 3 children | $1,049 | $1,038 | $1,660 | $1,232 | $846 |
| 1 adult 3 children | $1,049 | $848 | $1,210 | $1,232 | $885 |
| 2 adults 2 children | $826 | $850 | $1,407 | $1,077 | $771 |
| 1 adult 2 children | $826 | $635 | $957 | $1,077 | $677 |
| 2 adults 1 child | $826 | $672 | $1,154 | $573 | $714 |
| 1 adult 1 child | $826 | $434 | $703 | $573 | $591 |
| 2 adults | $666 | $540 | $900 | $0 | $608 |
| 1 adult | $558 | $294 | $450 | $0 | $490 |
Safety trends & Data
Property crime trends in Huntington County, Indiana show fluctuations with a general decline in burglary arrests from 12.00 in 2020 to 4.00 in 2022. Larceny-theft arrests decreased from 57.00 in 2020 to 50.00 in 2022, while motor vehicle theft remains consistently low. Vandalism arrests peaked at 22.00 in 2021 before dropping to 13.00 in 2022. These shifts in local crime patterns could impact property values, investment decisions, and insurance... Read more
Property Crime Trends in Huntington County, IN Over the Last 4 Years
Property crime trends in Huntington County, Indiana show fluctuations over the last four years, with a general decline in burglary arrests from 12.0 in 2020 to 4.0 in 2022. Larceny-theft has seen a decrease from 57.0 arrests in 2020 to 50.0 in 2022, while motor vehicle theft remains consistently low. Vandalism arrests have varied, peaking at 22.0 in 2021 before dropping to 13.0 in 2022. This data might indicate shifts in local crime patterns, which could impact property values, investment decisions, and insurance rates.
Demographics
Huntington County, Indiana, exhibits a fairly balanced gender distribution with males and females nearly equal in number. Education levels skew heavily toward high school graduates, with a modest portion holding higher degrees, suggesting a considerable focus on completing secondary education. The age distribution shows a notable concentration in middle age brackets, possibly indicating a stable working-age population. Racially, the county is predominantly White, with minimal representation... Read more
Race Distribution in Huntington County, Indiana (2022)
Educational Attainment in Huntington County, Indiana (2022)
Age Distribution in Huntington County, Indiana
Citizen Population in Huntington County, Indiana (2022)
Political Trends & Data
Huntington County, Indiana exhibited a clear Republican leaning in the 2020 Presidential Election, with the party potentially securing over 73% of the vote. Democrats appear to have captured around 24%, revealing a substantial gap between the major parties. Minor party candidates, such as those from the Libertarian and Green parties, collectively earned less than 3% of the vote, hinting at the county's predominantly conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Huntington County, Indiana showed a strong tendency towards Republican preferences in the 2020 Presidential Election, with the party possibly securing over 73% of the vote. Democrats, on the other hand, may have garnered around 24%, indicating a potential significant gap between the two major parties. Third-party candidates like Libertarians and Greens barely made a noticeable impact, collectively pulling in less than 3%. This trend might imply a predominantly conservative inclination within the county.
73.74% of voters voted for the Republican party in the 2020 Presidential Election
23.87% of voters voted for the Democrat party in the 2020 Presidential Election
2.29% of voters voted for the Livertarian party in the 2020 Presidential Election
0.04% of voters voted for the Green party in the 2020 Presidential Election
0.07% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Huntington County, Indiana, the student-to-teacher ratio has declined from 19 students per teacher in 2014 to about 15 in 2023. This trend could be appealing to young families and educational stakeholders due to the potential for better educational outcomes and more personalized attention for students. Additionally, appraisers and insurance agents might see these educational improvements as indicators of rising property values and reduced risks linked to higher educational... Read more
Student-to-teacher ratio in Huntington County, Indiana over the last 10 years
In Huntington County, Indiana, the student-to-teacher ratio has shown a downward trend over the past decade, going from 19 students per teacher in 2014 to approximately 15 in 2023. This decrease is noteworthy for investors, potential residents, and real estate agents since a lower ratio can suggest smaller class sizes, potentially leading to better educational outcomes and more personalized attention for students. With ratios now below the national average of 14 students per teacher, the area might be particularly appealing for young families and educational stakeholders looking for a high quality of education. For appraisers and insurance agents, these educational improvements could indicate increasing property values and lower risks associated with higher educational standards.
