Johnson County Real Estate and Livability Trends
Johnson County, Indiana, has seen its average taxable income per tax return rise from $60,178.19 in 2013 to $81,396.42 in 2021, suggesting a strengthening local economy. Home values have surged dramatically from $145,400 in 2015 to $240,700 in 2022, indicating a robust housing market that outpaces state and national trends. Real estate taxes also escalated, with an increase from approximately... Read more
Johnson County Market Trends
Johnson County, Indiana has witnessed a striking upward trend in home values, jumping from $145,400 in 2015 to $240,700 in 2022, significantly outpacing statewide and national increases. Real estate taxes have also surged from about $2,024 in 2012 to nearly $3,975 in 2021, potentially influencing buyer decisions and showcasing higher property valuations and municipal funding needs. Interestingly,... Read more
Median Value of Occupied Housing Units in Johnson County, Indiana Over the Last 8 Years
Over the past eight years, Johnson County, Indiana has seen a significant upward trend in median home values, jumping from $145,400 in 2015 to $240,700 in 2022. This local growth outpaces both the statewide increase in Indiana, which rose from $124,200 to $183,600 over the same period, and the national rise from $125,500 to $179,400. For prospective investors and homebuyers, this indicates stronger property appreciation in Johnson County compared to broader trends, highlighting potential for robust returns and market stability in this region.
Residential Energy Tax Credit Per Tax Return in Johnson County, IN Over the Last 9 Years
Over the past nine years, Johnson County, Indiana, has seen significant fluctuations in the average residential energy tax credit per tax return. Notably, there was a dramatic spike in 2018, reaching $2145.45, which was much higher than other years. This could indicate a temporary surge in energy-efficient home improvements or possibly a change in tax credit regulations. Following this peak, the figures stabilized but remained relatively high, reflecting a sustained interest in energy efficiency among homeowners. Such trends may interest investors, insurance agents, and real estate professionals as they indicate a growing focus on sustainable energy solutions in the county.
Average Real Estate Taxes Per Tax Return in Johnson County, IN Over the Last 10 Years
Johnson County, Indiana has experienced a noticeable increase in average real estate taxes per tax return over the past decade, rising from approximately $2,024 in 2012 to nearly $3,975 in 2021. This upward trend, with a particularly sharp increase between 2017 and 2018, suggests a growing property tax burden. Such a consistent rise may impact decisions for potential homebuyers and investors considering this area, as it could reflect trends in property valuations and municipal funding needs. Appraisers, insurance agents, and real estate professionals should be aware of these trends for accurate property assessments and advising clients.
Percentage of Farm Returns in Johnson County, IN Over the Last 10 Years
The percentage of farm tax returns in Johnson County, Indiana has seen a slight but steady decline over the last decade. In 2012, farm returns made up about 0.83% of the total, gradually dropping to roughly 0.62% by 2021. Farm tax returns are often a reflection of the agricultural activity and economic viability of farming in a region. This trend of diminishing farm returns could signify shifts in land use, economic pressures on farmers, or changing agricultural practices, which might be important for those looking to invest in, move to, or develop property in Johnson County.
Number of Mortgages by Occupancy Type in Johnson County, IN Over the Last 5 Years in Johnson County
Over the past five years in Johnson County, Indiana, there's been a noticeable predominance in mortgages for principal residences compared to second residences and investment properties. Investment property mortgages saw some fluctuation, peaking modestly in 2021, but overall, they remained relatively low. Second residences consistently held the smallest share, suggesting limited demand or perhaps a market not conducive to vacation or secondary homes. Principal residences regained a strong foothold in 2020 but have otherwise seen some tapering off after their 2021 peak. For those looking to invest or develop in Johnson County, this suggests a primarily community-driven market with stable homeowner occupancy and moderate investor interest. These trends can influence appraisal values, insurance risk assessments, and investment strategies by signaling where residential growth and market demand are most concentrated.
Economic Outlook
Johnson County, Indiana has experienced notable growth in average taxable income per tax return, jumping from $60,178.19 in 2013 to $81,396.42 in 2021. This suggests a strengthening local economy that may attract investors and new residents. The steady rise in average state and local income taxes per tax return from $5,254.17 in 2012 to $12,036.61 in 2021 further underscores economic growth, albeit with increasing tax obligations. Despite fluctuations, the percentage of the population living... Read more
Average Taxable Income per Tax Return in Johnson County, IN over the last 9 years
Johnson County, Indiana has seen a notable upwards trend in average taxable income per tax return over the past nine years. Starting from $60,178.19 in 2013, it has steadily climbed to $81,396.42 in 2021. This substantial growth could suggest a strengthening local economy, which might appeal to potential investors and new residents. The consistent increase, especially the significant jump from $72,265.18 in 2020 to $81,396.42 in 2021, highlights a potentially favorable economic environment for building and developing property.
Average State and Local Income Taxes Per Tax Return in Johnson County, IN Over the Last 10 Years
Johnson County, Indiana has seen a significant rise in average state and local income taxes per tax return over the past decade. Starting at $5,254.17 in 2012, the amount nearly doubled to $12,036.61 by 2021, indicating robust economic growth and possibly higher incomes. The most striking increases occurred between 2017 and 2018 and again from 2019 to 2020, suggesting these years experienced notable fiscal changes. This trend is essential for potential investors and residents as it reflects both economic vitality and increasing tax obligations in the area.
Average Total Tax Liability Per Tax Return in Johnson County, IN Over the Last 10 Years
Johnson County, Indiana has seen a notable upward trend in average total tax liability per tax return over the past decade, climbing from approximately $9,818.37 in 2012 to around $13,139.68 in 2021. This consistent increase could reflect rising incomes and property values, indicating potential economic growth and stability in the area. For prospective investors or future residents, this trend might suggest a thriving local economy, though it also hints at a growing tax burden they might need to consider.
Cost of Living in Johnson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,461 | $1,367 | $1,807 | $1,843 | $1,436 |
| 1 adult 4 children | $1,461 | $1,117 | $1,390 | $1,843 | $1,553 |
| 2 adults 3 children | $1,461 | $1,117 | $1,564 | $1,843 | $1,206 |
| 1 adult 3 children | $1,461 | $912 | $1,147 | $1,843 | $1,329 |
| 2 adults 2 children | $1,114 | $914 | $1,321 | $1,622 | $987 |
| 1 adult 2 children | $1,114 | $683 | $904 | $1,622 | $1,004 |
| 2 adults 1 child | $1,114 | $723 | $1,078 | $903 | $891 |
| 1 adult 1 child | $1,114 | $467 | $661 | $903 | $768 |
| 2 adults | $938 | $581 | $835 | $0 | $698 |
| 1 adult | $806 | $317 | $418 | $0 | $556 |
Safety trends & Data
Property crime trends in Johnson County, Indiana, have experienced varied fluctuations over the past five years, with notable peaks and troughs in different categories. Larceny-Theft incidents hit a high of 711 in 2018 before dropping to 202 in 2021 and then rising to 460 in 2022. Burglary and Motor Vehicle Theft generally declined, while Stolen Property cases saw a sharp increase to 54 incidents in 2021. Vandalism remained relatively stable but showed some increase recently. These trends could... Read more
Property Crime Trends in Johnson County, IN Over the Last 5 Years
Property crime in Johnson County, Indiana has seen varied trends over the last five years, reflecting both spikes and declines in different categories. Larceny-Theft reports fluctuated, with a notable high of 711 incidents in 2018 dropping to a low of 202 in 2021 before rising again to 460 in 2022. Burglary and Motor Vehicle Theft generally trended downwards, while categories like Stolen Property showed a sharp increase in 2021 (54 incidents) compared to previous years. Vandalism has remained relatively stable but noted some increase in the most recent year. These fluctuations suggest a dynamic environment for potential investors, appraisers, and insurance agents to consider, with certain crime categories impacting property values and insurance premiums over time.
Demographics
Johnson County, Indiana, shows a slightly higher female adult population compared to males. Most residents have completed high school, with a significant portion having attained some college education or a bachelor's degree. The age distribution highlights a strong presence of adults in their prime working years, especially those aged 25 to 44. The county's racial makeup is predominantly White, with smaller representations of Black or African American, Asian, and other races. These trends... Read more
Race Distribution in Johnson County, Indiana (2022)
Educational Attainment in Johnson County, Indiana (2022)
Age Distribution in Johnson County, Indiana
Citizen Population in Johnson County, Indiana (2022)
Political Trends & Data
Johnson County, Indiana, seems to exhibit conservative leanings, as evidenced by around 66% of residents supporting Republican candidates in the 2020 U.S. Presidential Election. Democrats garnered about 32% of the vote, with third parties like Libertarians and the Green Party making minimal impact. This predominant political alignment could influence local real estate trends, potentially attracting individuals or investors who align with conservative values and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Johnson County, Indiana, predominantly leaned Republican with roughly 66% of the vote in the 2020 U.S. Presidential Election, while Democrats secured about 32%. Libertarians garnered just over 2%, and the Green Party barely made a dent. This might suggest strong conservative leanings in the area, with limited traction for third parties.
65.99% of voters voted for the Republican party in the 2020 Presidential Election
31.87% of voters voted for the Democrat party in the 2020 Presidential Election
2.08% 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
0.02% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past decade, Johnson County, Indiana's student-to-teacher ratio has decreased from around 19 to nearly 17 students per teacher. While still higher than the national average of around 14 students per teacher, this trend could suggest improving resource allocation or changing enrollment patterns. For those considering investment, this may indicate a growing focus on education quality, potentially making the county more attractive to families. Real estate agents and appraisers might find... Read more
Student-to-teacher ratio in Johnson County, Indiana over the last 10 years
Over the past decade, the student-to-teacher ratio in Johnson County, Indiana has generally decreased, starting from around 19 students per teacher in the early years and trending towards nearly 17 students per teacher more recently. Although still higher than the national average of around 14 students per teacher, the downward trend may suggest improving resource allocation or changing enrollment patterns. For those looking to invest in the area, this could imply a growing focus on education quality, potentially making the county more attractive to families. Real estate agents and appraisers might find this information valuable for gauging the area's desirability, while insurance agents could consider it when assessing risk in school-related insurance products.
