Kosciusko County Real Estate and Livability Trends
Kosciusko County, Indiana, has experienced notable economic growth, with median home values rising from $132,900 to $183,300 between 2015 and 2022. There's been a significant shift in the tax burden and a steady increase in taxable income, reflecting an expanding local economy. The property crime trend, especially fluctuations in larceny-theft and burglary rates, offers vital insights for... Read more
Kosciusko County Market Trends
Kosciusko County, Indiana has seen a robust rise in median home values, jumping from $132,900 in 2015 to $183,300 in 2022, slightly outpacing both national and state averages. Notably, there's been a significant fluctuation in the average residential energy tax credit per tax return, peaking to $2,678.57 in 2018 before stabilizing around $800 in subsequent years, hinting at shifts in local energy... Read more
Median Value of Occupied Housing Units in Kosciusko County, Indiana Over the Last 8 Years
Over the last eight years, Kosciusko County, Indiana has experienced a consistent rise in median home values, culminating in a significant jump from $132,900 in 2015 to $183,300 in 2022. This local trend reflects a broader pattern seen nationally and at the state level, but Kosciusko County's growth appears to slightly outpace both the national ($179,400 in 2022) and state averages ($183,600 in 2022). For investors or those looking to move, this may indicate a robust market with strong valuation growth, potentially offering better returns or higher living costs in the future.
Residential Energy Tax Credit Per Tax Return in Kosciusko County, IN Over the Last 9 Years
Kosciusko County, Indiana has seen a significant fluctuation in the average residential energy tax credit per tax return over the past nine years. Notably, there was a substantial spike in 2018, with the average credit soaring to $2,678.57, a dramatic increase compared to other years. Subsequent years settled around the $800 mark, indicating a stabilization but still much higher than the early 2010s. These trends suggest possible shifts in local energy policies or incentive programs, which could be a key consideration for those looking to invest, build, or appraise property in the region.
Average Real Estate Taxes Per Tax Return in Kosciusko County, IN Over the Last 10 Years
Real estate taxes per tax return in Kosciusko County, Indiana have shown a significant increase over the past decade, with values roughly doubling from around $1,871.67 in 2012 to $4,124.38 in 2021. The most noteworthy jump occurred between 2017 and 2018, where taxes surged from $2,351.86 to $3,515.76. This upward trend has implications for potential investors, homeowners, and real estate professionals, signaling a possibly expanding local economy and potentially increasing property values.
Percentage of Farm Returns in Kosciusko County, IN Over the Last 10 Years
Kosciusko County, Indiana has seen a gradual decline in the percentage of farm tax returns over the past decade, starting at around 2.62% in 2012 and dropping to roughly 2.12% by 2021. This downward trend might suggest a shift in the local economy away from agriculture, potentially opening up opportunities for other types of investments and developments. For those interested in moving to or investing in this area, understanding this trend could provide insights into the evolving economic landscape and the potential for diversification beyond traditional farming.
Number of Mortgages by Occupancy Type in Kosciusko County, IN Over the Last 5 Years in Kosciusko County
Kosciusko County, Indiana has seen noticeable fluctuations in mortgage counts by occupancy type over the past five years. Principal residence mortgages dominate the market, peaking notably in 2021, possibly indicating a surge in homebuying or refinancing activities. Investment properties have remained relatively stable, which could suggest consistent but cautious interest from investors. Second residences, while smaller in volume, show notable variation, spiking in 2020, likely due to changing lifestyles and the impact of the pandemic prompting buyers to seek additional homes. These trends can affect property values, insurance risk assessments, and investment strategies, offering critical insights for real estate agents, appraisers, and insurance agents. Understanding these dynamics is crucial for anyone looking to invest in, move to, or build property in the area.
Economic Outlook
Kosciusko County, Indiana, has experienced a steady rise in average taxable income per tax return, jumping from around $52,876.48 in 2013 to approximately $75,881.01 in 2021. State and local income taxes per return have also increased, peaking at $15,049.71 in 2020, indicating a growing tax burden that potential investors need to consider. The average total tax liability has fluctuated significantly, with a noticeable spike in 2015 and a gradual increase reaching $12,070.05 in 2021. The poverty... Read more
Average Taxable Income per Tax Return in Kosciusko County, IN over the last 9 years
Kosciusko County, Indiana has shown a general upward trajectory in average taxable income per tax return over the past nine years. The average taxable income rose from around $52,876.48 in 2013 to approximately $75,881.01 in 2021. Notably, there was a spike between 2014 and 2015, and despite some fluctuations, the overall trend suggests increasing economic prosperity. For those looking to invest, move, or build property in the area, these figures could be indicative of a growing and economically robust community with potential for continued financial growth.
Average State and Local Income Taxes Per Tax Return in Kosciusko County, IN Over the Last 10 Years
Over the past decade, Kosciusko County in Indiana has seen a noticeable increase in average state and local income taxes per tax return, with amounts rising from $5,317.95 in 2012 to a peak of $15,049.71 in 2020, before slightly dropping to $13,267.82 in 2021. The most significant surge occurred between 2017 and 2018, with a leap from $6,553.38 to $10,831.12, indicating a growing tax burden. This trend highlights the need for potential residents and investors to consider the evolving tax landscape when making financial decisions in this area.
Average Total Tax Liability Per Tax Return in Kosciusko County, IN Over the Last 10 Years
Over the past decade in Kosciusko County, Indiana, the average total tax liability per tax return has seen noticeable fluctuations. The year 2015 stands out with a sharp spike reaching $12,100.18, followed by a dip in 2016 to $9,320.76. More recent years have demonstrated a gradual increase again, with 2021 nearing the 2015 peak at $12,070.05. This variability in tax liability might be of interest to potential investors or current residents looking to understand financial trends in the area.
Cost of Living in Kosciusko County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,107 | $1,371 | $1,808 | $1,255 | $1,079 |
| 1 adult 4 children | $1,107 | $1,120 | $1,382 | $1,255 | $1,157 |
| 2 adults 3 children | $1,107 | $1,120 | $1,569 | $1,255 | $886 |
| 1 adult 3 children | $1,107 | $915 | $1,143 | $1,255 | $938 |
| 2 adults 2 children | $893 | $917 | $1,330 | $1,097 | $804 |
| 1 adult 2 children | $893 | $685 | $904 | $1,097 | $743 |
| 2 adults 1 child | $893 | $725 | $1,091 | $584 | $759 |
| 1 adult 1 child | $893 | $468 | $665 | $584 | $620 |
| 2 adults | $763 | $582 | $852 | $0 | $643 |
| 1 adult | $623 | $318 | $426 | $0 | $514 |
Safety trends & Data
Kosciusko County, Indiana's property crime trends have shown notable fluctuations over the past five years, with larceny-theft consistently being the most common, peaking at 174 incidents in 2018. Burglary saw significant drops, such as falling to just 4 incidents in 2019, before gradually rising again. Motor vehicle theft and stolen property incidents have increased lately, providing crucial insights for investors and residents regarding safety, property values, insurance rates, and community... Read more
Property Crime Trends in Kosciusko County, IN Over the Last 5 Years
Kosciusko County, Indiana has seen fluctuating trends in property crimes over the past five years, with notable spikes and declines in specific categories. Larceny-theft consistently remains the most prevalent type, peaking at 174 incidents in 2018. Burglary and motor vehicle theft saw significant variability, such as a drop in burglaries to just 4 in 2019, followed by a somewhat steady rise. Emerging crimes like motor vehicle theft and incidents related to stolen property have also shown an uptick in recent years. These trends are crucial for investors and residents to gauge the general safety and evolving crime landscape, potentially impacting property values, insurance rates, and community initiatives.
Demographics
Kosciusko County, Indiana presents a nearly balanced gender distribution with a slight edge towards the female population. Educational attainment indicates a significant portion of adults have achieved at least a high school diploma, with over 8,000 holding a bachelor's degree and approximately 4,700 possessing a graduate or professional degree. Age-wise, there is a noticeable concentration in the working-age groups, particularly between 25 to 34 years and 55 to 64 years. The racial... Read more
Race Distribution in Kosciusko County, Indiana (2022)
Educational Attainment in Kosciusko County, Indiana (2022)
Age Distribution in Kosciusko County, Indiana
Citizen Population in Kosciusko County, Indiana (2022)
Political Trends & Data
Kosciusko County, Indiana's significant Republican lean, with roughly 74% of votes going to the GOP in recent elections, indicates a potentially strong conservative influence on local policies and community development. Libertarians and other minor parties make little impact, with only about 2.5% of the vote. This political climate could shape the real estate market by prioritizing conservative values and influencing the types of developments that appeal to this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Kosciusko County, Indiana, leans heavily Republican with about 74% of votes cast in favor of the Republican candidate, compared to approximately 23% for the Democratic candidate. Minor parties like the Libertarians barely make a dent, garnering just over 2.5% of the vote. This voting pattern might suggest a strong conservative presence, potentially influencing local policies and community values.
74.05% of voters voted for the Republican party in the 2020 Presidential Election
23.37% of voters voted for the Democrat party in the 2020 Presidential Election
2.52% of voters voted for the Livertarian party in the 2020 Presidential Election
0.01% 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
In Kosciusko County, Indiana, the student-to-teacher ratio peaked at 18 students per teacher in 2014 but dropped to just above the national average of 14 students per teacher by 2023. This improvement could make the area more appealing for families focused on quality education, potentially impacting local real estate markets by driving interest and nudging housing prices higher. For investors and developers, this trend suggests a favorable long-term outlook for family-centric projects.... Read more
Student-to-teacher ratio in Kosciusko County, Indiana over the last 10 years
Over the last decade, the student-to-teacher ratio in Kosciusko County, Indiana fluctuated, peaking at 18 students per teacher in 2014 and gradually decreasing to just above the national average of 14 students per teacher by 2023. Lower ratios in recent years could signal enhanced educational attention per student, potentially making the county more attractive for families prioritizing quality education. This trend might also affect local real estate markets, driving interest and possibly influencing housing prices upward. Appraisers and insurance agents might see such educational improvements as factors contributing to property value stability. For investors and developers, these shifts could mean a more favorable long-term outlook for family-centric developments.
