Jennings County Real Estate and Livability Trends
Jennings County, Indiana has seen a notable rise in average taxable income per tax return, climbing from $39,609.42 in 2013 to $53,341.19 in 2021, hinting at economic growth and possibly enhancing local attractiveness for investment. Median home value has also grown from $95,400 in 2015 to $133,200 in 2022, offering affordability. Real estate and property taxes have increased, indicating higher... Read more
Jennings County Market Trends
In Jennings County, Indiana, the median home value has seen solid growth from $95,400 in 2015 to $133,200 in 2022, offering affordability compared to the state and national medians. Residential energy tax credits per tax return have generally risen, peaking at $1,200.00 in 2018, which might attract those interested in energy-efficient upgrades. Real estate taxes have also increased, with a peak... Read more
Median Value of Occupied Housing Units in Jennings County, Indiana Over the Last 8 Years
In Jennings County, Indiana, the median home value has experienced a steady increase over the past eight years, growing from $95,400 in 2015 to $133,200 in 2022. Compared to Indiana's state median value of $183,600 and the national median of $179,400 in 2022, Jennings County's housing market seems more affordable. This relative affordability could make the county an attractive option for potential homeowners and investors looking for lower entry costs in a region that has shown consistent appreciation.
Residential Energy Tax Credit Per Tax Return in Jennings County, IN Over the Last 9 Years
Jennings County, Indiana has exhibited fluctuating but generally rising trends in residential energy tax credits per tax return over the past nine years, peaking at $1,200.00 in 2018. Notable increases occurred from 2016 to 2018, reflecting potential spikes in energy-efficient home improvements during those years. This information could be valuable for investors or homeowners looking to maximize tax savings through energy-efficient upgrades, as well as for real estate agents and appraisers assessing the appeal of properties in the area.
Average Real Estate Taxes Per Tax Return in Jennings County, IN Over the Last 10 Years
Jennings County, Indiana has seen a notable increase in average real estate taxes per tax return over the past decade, peaking at $2,315.00 in 2021. This upward trend might hint at rising property values or changes in local taxation policy. The significant jump in 2018 to $2,017.24 stands out, potentially marking a period of rapid growth or reassessment. For those eyeing real estate investments or considering a move, understanding these tax shifts can provide crucial insights into long-term costs and the evolving fiscal landscape.
Percentage of Farm Returns in Jennings County, IN Over the Last 10 Years
The percentage of farm tax returns in Jennings County, Indiana has shown a gradual decline over the last decade, dropping from around 4.16% in 2012 to approximately 3.28% in 2021. Those interested in investing in or moving to Jennings County should note this trend as it could indicate shifts in the local agricultural economy. Farm tax returns, which reflect the income and expenses of farming activities, may provide insight into the viability and profitability of farming in the area. Lower percentages might suggest fewer farming operations or reduced profitability, potentially impacting land values and investment opportunities.
Number of Mortgages by Occupancy Type in Jennings County, IN Over the Last 5 Years in Jennings County
In Jennings County, Indiana, the mortgage landscape over the last five years shows a significant lean towards principal residences, with peak figures in 2021 at 1,571 mortgages. Investment properties hover around the lower double digits, with a noticeable dip to 22 mortgages by 2022. Second residences form a small fraction of the activity, peaking at 11 in 2018 and dropping to just 4 by 2022. This trend might matter for investors and developers as it highlights a predominant demand for primary homes over rental or vacation properties, possibly indicating a stable community with long-term residents rather than transient populations. Appraisers and real estate agents could use these insights to tailor their services, while insurance agents might note the stable but low investment property activity.
Economic Outlook
Jennings County, Indiana has witnessed a steady rise in average taxable income per tax return, climbing from around $39,609.42 in 2013 to roughly $53,341.19 in 2021. This upward trend may imply a bolstering local economy and improving quality of life, potentially making the area more appealing for investment and new residents. Additionally, average state and local income taxes rose significantly, notably spiking in 2018 to over $8,403.03, possibly reflecting policy shifts or economic changes.... Read more
Average Taxable Income per Tax Return in Jennings County, IN over the last 9 years
Jennings County, Indiana has experienced a notable increase in average taxable income per tax return over the past nine years, with income rising from around $39,609.42 in 2013 to approximately $53,341.19 in 2021. This growth trend may indicate a strengthening local economy and a potentially higher quality of life, making the area increasingly attractive for investment, new residents, and property development. Additionally, the consistent upward trajectory suggests a stability that could be appealing to long-term investors and residents alike.
Average State and Local Income Taxes Per Tax Return in Jennings County, IN Over the Last 10 Years
Over the past decade, Jennings County, Indiana has seen a significant rise in average state and local income taxes per tax return, increasing from approximately $4,050.00 in 2012 to $11,534.78 in 2021. Notably, there's a sharp increase around 2018 where the average jumps to over $8,403.03, likely reflecting policy changes or economic shifts in the region. For investors and prospective residents, this trend suggests evolving tax frameworks, potentially indicating growing public investments or changing economic conditions that could impact property values and living costs.
Average Total Tax Liability Per Tax Return in Jennings County, IN Over the Last 10 Years
Jennings County, Indiana has seen a fluctuating but generally rising trend in average total tax liability per tax return over the past decade, peaking notably in 2021 at $6947.82. While there were slight dips in certain years like 2013 and 2019, the overall upward trajectory might suggest growing incomes or changing tax policies affecting residents. This could be a key factor for potential investors or new residents to consider, as it hints at economic growth and accompanying tax implications in the area.
Cost of Living in Jennings County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,152 | $1,214 | $1,927 | $1,271 | $1,095 |
| 1 adult 4 children | $1,152 | $992 | $1,474 | $1,271 | $1,182 |
| 2 adults 3 children | $1,152 | $992 | $1,672 | $1,271 | $908 |
| 1 adult 3 children | $1,152 | $810 | $1,219 | $1,271 | $968 |
| 2 adults 2 children | $836 | $812 | $1,417 | $1,111 | $790 |
| 1 adult 2 children | $836 | $607 | $964 | $1,111 | $707 |
| 2 adults 1 child | $836 | $642 | $1,161 | $592 | $730 |
| 1 adult 1 child | $836 | $415 | $708 | $592 | $611 |
| 2 adults | $635 | $516 | $906 | $0 | $608 |
| 1 adult | $631 | $281 | $453 | $0 | $525 |
Safety trends & Data
In Jennings County, Indiana, property crime trends have fluctuated over the past five years, with larceny-theft peaking at 68 cases in 2020 before reducing to 36 by 2022. Burglary incidents also declined significantly, dropping from 27 in 2018 to just 12 in 2022. While motor vehicle thefts remained relatively stable at 7 cases in 2022, instances of vandalism and fraud saw occasional small spikes. These shifting crime figures are essential for investors, potential residents, and real estate... Read more
Property Crime Trends in Jennings County, IN Over the Last 5 Years
Jennings County, Indiana has seen fluctuating trends in property crime over the past five years. Larceny-theft consistently remained the highest category, peaking in 2020 with 68 reported cases and then seeing a notable reduction to 36 by 2022. Burglary incidents showed a significant decline, from 27 in 2018 to only 12 in 2022. Motor vehicle theft remained relatively stable with minor ups and downs, landing at 7 cases in 2022. Instances of vandalism and fraud remained low but saw occasional small spikes. This evolving crime landscape is crucial for investors, potential residents, real estate professionals, and insurance agents to understand, as it could impact property values, insurance premiums, and overall quality of life in Jennings County.
Demographics
Jennings County, Indiana shows a fairly balanced adult population with males and females almost equal in number. Educational attainment leans heavily towards high school graduates, while those with a college degree make up a smaller fraction. The age distribution suggests a relatively even spread across different age groups, but there is a noticeable concentration within the 25 to 64-year-olds. The racial composition is predominantly White, with small percentages of Black or African American,... Read more
Race Distribution in Jennings County, Indiana (2022)
Educational Attainment in Jennings County, Indiana (2022)
Age Distribution in Jennings County, Indiana
Citizen Population in Jennings County, Indiana (2022)
Political Trends & Data
In Jennings County, Indiana, real estate trends may be influenced by its predominantly conservative electorate, with the Republican party capturing nearly 77.5% of the 2020 vote. This political leaning could potentially impact local housing policies, property taxes, and community planning, which might be worth considering for both buyers and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jennings County, Indiana, the 2020 U.S. Presidential Election results suggest a strong leaning towards the Republican party, capturing nearly 77.5% of the votes. The Democratic party garnered roughly 20.6%, while the Libertarian party received approximately 1.9% of the vote. The data could imply that Jennings County might have a predominantly conservative electorate.
77.46% of voters voted for the Republican party in the 2020 Presidential Election
20.59% of voters voted for the Democrat party in the 2020 Presidential Election
1.94% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Jennings County, Indiana, the student-to-teacher ratio has decreased from nearly 18 students per teacher in 2014 to roughly 14.5 in 2023. This trend suggests more personalized instruction and potential educational improvements, aligning closely with the national average of 14. Such changes could be appealing for potential investors, real estate agents, and families, indicating a commitment to quality education. Lower ratios may also influence appraisers and insurance agents positively when... Read more
Student-to-teacher ratio in Jennings County, Indiana over the last 10 years
In Jennings County, Indiana, the student-to-teacher ratio has generally trended downward over the past decade, with a noticeable shift from nearly 18 students per teacher in 2014 to roughly 14.5 in 2023. This decline may be indicative of more personalized instruction and improved educational investments, aligning more closely with the national average of 14 students per teacher. Potential investors, real estate agents, and families could view this as a positive development, suggesting the area's commitment to quality education. Lower ratios might also appeal to appraisers and insurance agents when evaluating the community's value and risks.
