Jasper County Real Estate and Livability Trends
Jasper County, Indiana has experienced an upward trajectory in economic indicators, with average taxable income rising to $66,406.14 by 2021 and median home values jumping to $190,700 in 2022. Real estate taxes more than doubled to $2,455.56, hinting at a more costly homeownership landscape. Concurrently, spikes in average residential energy tax credits suggest increased investment in... Read more
Jasper County Market Trends
Jasper County, Indiana, has seen a steady rise in median home values, particularly jumping from $164,700 in 2021 to $190,700 in 2022, outpacing both state and national growth rates. The average residential energy tax credit per tax return also surged dramatically, from $272.92 in 2013 to $922.73 in 2021, hinting at increased investments in energy-efficient improvements. Additionally, real estate... Read more
Median Value of Occupied Housing Units in Jasper County, Indiana Over the Last 8 Years
Over the last 8 years, Jasper County, Indiana, has experienced a somewhat steady rise in median home values, with a notable jump from $164,700 in 2021 to $190,700 in 2022. This increase outpaces both the state of Indiana and national averages, particularly since 2021, making Jasper County an intriguing spot for potential home buyers or investors. While Indiana's values climbed from $158,500 to $183,600 in the same period, the national figures grew from $157,100 to $179,400, suggesting Jasper County's market may offer unique opportunities despite broader economic trends.
Residential Energy Tax Credit Per Tax Return in Jasper County, IN Over the Last 8 Years
Jasper County, Indiana has seen a significant increase in the average residential energy tax credit per tax return over the past eight years. Notably, the average credit surged from around $272.92 in 2013 to a whopping $922.73 in 2021. This rising trend, especially the sharp jumps in 2019 and 2021, suggests growing investment in energy-efficient home improvements and could imply robust local incentives or a heightened awareness of sustainable living. For real estate agents, insurance agents, and potential investors, this trend may indicate a community increasingly valuing energy efficiency, which could be a strong selling point for homes equipped with modern, energy-saving technologies.
Average Real Estate Taxes Per Tax Return in Jasper County, IN Over the Last 10 Years
Jasper County, Indiana has seen a significant rise in real estate taxes per tax return over the past decade, increasing from roughly $1,013.14 in 2012 to about $2,455.56 in 2021. This upward trend, particularly spiking between 2016 and 2018, suggests an increasingly higher cost of homeownership. Prospective property investors, homeowners, and real estate professionals should consider these escalating taxes as a factor in the area's long-term financial planning and market dynamics.
Percentage of Farm Returns in Jasper County, IN Over the Last 10 Years
The percentage of farm tax returns in Jasper County, Indiana, has shown a gradual decline over the last decade, from approximately 3.24% in 2012 to around 2.66% in 2021. Farm tax returns serve as a useful indicator of agricultural activity and profitability in the area. This trend could suggest changes in the local agricultural economy, potentially influencing land value and investment potential, which is crucial for stakeholders considering investments, property development, or relocation to Jasper County.
Number of Mortgages by Occupancy Type in Jasper County, IN Over the Last 5 Years in Jasper County
Jasper County, Indiana has seen fluctuations in mortgage counts over the last five years, with a notable dominance in mortgages for principal residences compared to investment and second residences. Such trends may indicate a stable or increasing population seeking long-term home ownership rather than temporary stays or multiple properties. For investors, the fluctuating number of investment property mortgages suggests potential variances in rental market stability or opportunities. This context matters for appraisers and insurance agents, as the insurance risk and property valuations can differ significantly between owner-occupied homes and rental or vacation properties. Builders and real estate agents may find opportunities in targeting their developments and marketing strategies based on the dominance of principal residence mortgages.
Economic Outlook
Over the past decade, Jasper County, Indiana has shown a steady increase in average taxable income per tax return, climbing from $51,541.62 in 2013 to $66,406.14 by 2021. Similarly, state and local income taxes have nearly doubled, reflecting robust economic growth that's particularly strong since 2018. While the total tax liability per tax return has been somewhat volatile, it peaked at $9,324.96 in 2021. For investors and potential homeowners, these trends could signal rising property values... Read more
Average Taxable Income per Tax Return in Jasper County, IN over the last 9 years
Over the last nine years, Jasper County, Indiana has seen a general upward trend in the average taxable income per tax return, starting at approximately $51,541.62 in 2013 and reaching around $66,406.14 by 2021. Although there was a slight dip in 2016, the overall growth suggests a gradually improving economic landscape. This progression might indicate increasing prosperity, making Jasper County a potentially attractive option for investors and new residents alike.
Average State and Local Income Taxes Per Tax Return in Jasper County, IN Over the Last 10 Years
Jasper County, Indiana has seen a significant rise in average state and local income taxes per tax return over the last decade, jumping from $6,879.59 in 2012 to $12,352.94 in 2021. This upward trend, particularly the sharp increases from 2018 onwards, suggests a growing economy and possibly higher earnings among residents. Investors and potential homeowners should note these rising tax figures, as they reflect broader economic shifts that could impact property values and cost of living.
Average Total Tax Liability Per Tax Return in Jasper County, IN Over the Last 10 Years
Jasper County, Indiana has displayed a fluctuating yet upward overall trend in average total tax liability per tax return over the last decade. Starting around $7,924.60 in 2012, the liability saw both minor dips and significant spikes, peaking at $9,324.96 in 2021. While the year-to-year changes suggest some volatility, the notable increases, especially from 2020 onward, may reflect broader economic conditions or policy shifts affecting taxpayers in the county. Investors, potential residents, and property developers should consider these trends as indicative of the county's evolving tax landscape, which could impact financial planning and cost of living assessments.
Cost of Living in Jasper County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,256 | $1,472 | $1,798 | $1,672 | $1,349 |
| 1 adult 4 children | $1,256 | $1,202 | $1,382 | $1,672 | $1,473 |
| 2 adults 3 children | $1,256 | $1,202 | $1,556 | $1,672 | $1,135 |
| 1 adult 3 children | $1,256 | $982 | $1,141 | $1,672 | $1,237 |
| 2 adults 2 children | $976 | $984 | $1,314 | $1,471 | $955 |
| 1 adult 2 children | $976 | $735 | $899 | $1,471 | $947 |
| 2 adults 1 child | $976 | $778 | $1,073 | $819 | $868 |
| 1 adult 1 child | $976 | $502 | $657 | $819 | $723 |
| 2 adults | $741 | $625 | $831 | $0 | $655 |
| 1 adult | $737 | $341 | $415 | $0 | $560 |
Safety trends & Data
Jasper County, Indiana has observed fluctuating property crime patterns over the last three years, with larceny-theft cases falling from 12 in 2019 to 10 in 2020 and burglary arrests steady at 7 annually. Notably, vandalism incidents surged to 5 in 2020 from just 1 the previous year, and forgery and counterfeiting cases doubled. These shifting trends could impact investment decisions, real estate developments, and insurance rates in the... Read more
Property Crime Trends in Jasper County, IN Over the Last 3 Years
Jasper County, Indiana has seen a relatively stable pattern in property crimes over the last three years, with slight fluctuations in specific categories. Larceny-theft remains the most frequently reported crime, though instances dropped from 12 in 2019 to 10 in 2020. Burglary arrests stayed constant from 2019 to 2020, totaling 7 each year. Vandalism incidents rose notably in 2020, reaching 5 compared to just 1 in the previous year. Motor vehicle theft showed minor variations, while forgery and counterfeiting cases doubled in 2020. These trends may hint at evolving crime dynamics that could influence investment decisions, real estate developments, and insurance rates in the region.
Demographics
Jasper County, Indiana's adult population seems well-balanced gender-wise, with males and females being almost equal in number. Educationally, the majority likely hold at least a high school diploma, but fewer residents appear to attain higher education degrees. Age distribution features a significant number of individuals aged 55 to 64, which might suggest an aging population. Racially, the county is overwhelmingly White, with very few residents from other racial backgrounds. These trends... Read more
Race Distribution in Jasper County, Indiana (2022)
Educational Attainment in Jasper County, Indiana (2022)
Age Distribution in Jasper County, Indiana
Citizen Population in Jasper County, Indiana (2022)
Political Trends & Data
Jasper County, Indiana may exhibit a solid Republican leaning, with around 74% of the 2020 U.S. Presidential Election votes potentially favoring the GOP. Democrats possibly only secured about 25%, and third-party support was minimal, under 2%. This strong Republican presence might mirror broader regional trends, potentially influencing local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jasper County in Indiana leaned heavily Republican in the 2020 U.S. Presidential Election, with approximately 74% of the votes potentially going to the Republican candidate. The Democrats possibly received about 25% of the vote share, while third parties like the Libertarians and Greens garnered minimal support, collectively amounting to less than 2%. This political landscape could suggest a strong Republican stronghold, reflective of wider regional patterns.
73.56% of voters voted for the Republican party in the 2020 Presidential Election
24.54% 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
0.01% of voters voted for the Other party in the 2020 Presidential Election
School Data
Jasper County, Indiana has experienced shifts in its student-to-teacher ratio over the past decade, often staying above the national average of 14 students per teacher. From a high of almost 17 in 2014 and 2015, the ratio has steadily declined to nearly 15 in recent years. These trends could be crucial for property investment decisions, as lower ratios may indicate better education quality, potentially elevating property desirability. Real estate agents, appraisers, and insurance agents might... Read more
Student-to-teacher ratio in Jasper County, Indiana over the last 10 years
Jasper County, Indiana has seen fluctuations in its student-to-teacher ratio over the past decade, generally maintaining higher ratios compared to the national average of 14 students per teacher. From a high of almost 17 in 2014 and 2015, the ratio has gradually declined, hitting a notable low of nearly 15 in recent years. These variations could impact property investment decisions, as lower student-to-teacher ratios can signal better education quality, potentially raising property desirability. Real estate agents, appraisers, and insurance agents might find these fluctuations worth considering when evaluating property value and appeal in Jasper County.
