Miami County Real Estate and Livability Trends

Miami County, Indiana's average taxable income per tax return has risen from $42,068.43 in 2013 to $52,075.16 in 2021, suggesting potential economic growth that may attract investors. The median home value climbed from $85,500 in 2015 to $112,800 in 2022, offering affordable entry points for new residents compared to state and national medians. With property crime significantly decreasing and... Read more

Economic Outlook

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Miami County, Indiana's average taxable income per tax return has generally increased from $42,068.43 in 2013 to $52,075.16 in 2021, pointing to potential economic growth that might attract investors and developers. State and local income taxes have also risen steadily, from $5,331.73 in 2012 to $8,715.15 in 2021, reinforcing the perception of a healthier local economy and potentially higher resident incomes. The total tax liability per tax return has fluctuated over the last decade, peaking at... Read more

Average Taxable Income per Tax Return in Miami County, IN over the last 9 years

Miami County, Indiana has seen a general upward trend in average taxable income per tax return over the past nine years, with an increase from approximately $42,068.43 in 2013 to around $52,075.16 in 2021. This suggests a gradual economic growth, which might appeal to investors, potential residents, and property developers looking for a growing community. However, there have been minor fluctuations, such as slight declines in certain years, indicating the importance of a cautious approach.

Cost of Living in Miami County

Family Size Housing Food Heath Care Child Care Taxes
2 adults
4 children
$1,092 $1,371 $1,895 $1,253 $1,091
1 adult
4 children
$1,092 $1,120 $1,449 $1,253 $1,163
2 adults
3 children
$1,092 $1,120 $1,644 $1,253 $893
1 adult
3 children
$1,092 $915 $1,198 $1,253 $939
2 adults
2 children
$826 $917 $1,393 $1,096 $789
1 adult
2 children
$826 $685 $947 $1,096 $695
2 adults
1 child
$826 $725 $1,143 $583 $726
1 adult
1 child
$826 $468 $697 $583 $597
2 adults
$669 $582 $892 $0 $614
1 adult
$576 $318 $446 $0 $494

Safety trends & Data

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In Miami County, Indiana, property crime has notably decreased over the past five years, with burglary offenses dropping from 13 in 2018 to just 3 in 2020 and larceny-theft incidents falling from 32 in 2018 to just 1 by 2022. This trend could suggest a safer environment, which might be appealing to potential investors, insurers, and new residents. Vandalism incidents have also seen significant declines, adding further appeal for those interested in property development or real estate... Read more

Property Crime Trends in Miami County, IN Over the Last 5 Years

Over the last five years, Miami County, Indiana has seen a noticeable decline in property crime, particularly in categories such as burglary and larceny-theft. For example, burglary offenses decreased sharply from 13 in 2018 to just 3 in 2020, and larceny-theft incidents dropped from 32 in 2018 to only 1 by 2022. This trend might suggest that the county has become safer, which could be appealing to potential investors, insurers, or new residents. Vandalism incidents also went down significantly, adding another positive note for those considering property development or real estate investments in this area.

Demographics

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Miami County, Indiana has an intriguing demographic structure. The adult population skews male with about 15,437 males compared to 12,627 females. Educational attainment shows a significant portion of residents holding at least a high school diploma or equivalent, though fewer hold advanced degrees. Age-wise, there is a relatively balanced distribution with a slight peak in the 45 to 54 years category. Racially, the county is predominantly White, with smaller representations from Black or... Read more

Race Distribution in Miami County, Indiana (2022)

Educational Attainment in Miami County, Indiana (2022)

Age Distribution in Miami County, Indiana

Citizen Population in Miami County, Indiana (2022)

Political Trends & Data

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In Miami County, Indiana, homes tend to see consistent demand, likely fueled by the strong Republican lean (about 75% of votes in the 2020 Presidential Election). This party preference might attract residents who value stability and conservative policies. Such political dynamics could influence property taxes, zoning laws, and community investment, making it an interesting locale for potential buyers looking for predictable policy... Read more

Percentage of Votes in the 2020 U.S. Presidential Election by Party

In Miami County, Indiana, the 2020 U.S. Presidential Election demonstrated a significant lean towards the Republican party, which secured approximately 75% of the votes. Democrats garnered around 22%, while Libertarians captured just over 2%. The Green and Other parties barely made a dent, collectively amounting to less than 1% of the total votes. This suggests a strong Republican presence in the area, potentially influencing local and state political dynamics.

75.49% of voters voted for the Republican party in the 2020 Presidential Election

22.35% of voters voted for the Democrat party in the 2020 Presidential Election

2.11% 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

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Over the past decade, Miami County, Indiana has seen its student-to-teacher ratio drop from nearly 19 students per teacher in 2014 to just under 16 in 2023. While still higher than the national average of 14, this trend might indicate improvements in classroom size and potentially more personalized attention for students. This could be a draw for those looking to invest or move to the area, making it appealing to prospective buyers and families focused on... Read more

Student-to-teacher ratio in Miami County, Indiana over the last 10 years

Over the past decade, Miami County, Indiana has seen a gradual decline in the student-to-teacher ratio, dropping from nearly nineteen students per teacher in 2014 to just under sixteen in 2023. While still above the national average of fourteen, this trend might indicate improvements in classroom size and potentially more personalized attention for students. For those looking to invest or move to the area, these educational metrics could be a draw. Real estate agents might find this appealing to prospective buyers. Meanwhile, families interested in their children’s education could see this as a promising development.