Orange County Real Estate and Livability Trends
Orange County, Indiana is seeing some intriguing economic and real estate developments. Average taxable income jumped from $38,685.57 in 2013 to $52,025.94 in 2021, suggesting potential economic growth that could attract investors. Median home values rose from $89,400 in 2015 to $125,100 in 2022, hinting at a growing market appeal even if they still trail broader benchmarks. Real estate taxes... Read more
Orange County Market Trends
Orange County, Indiana’s median home values have jumped from $89,400 in 2015 to $125,100 in 2022, hinting at rising local market appeal despite still lagging behind state and national figures. Real estate taxes have seen a steep increase, from $1,286.49 in 2012 to $2,553.85 in 2021, especially notable between 2017 and 2019. There’s been a marked rise in mortgages for Principal Residences,... Read more
Median Value of Occupied Housing Units in Orange County, Indiana Over the Last 8 Years
Over the past 8 years, Orange County, Indiana has seen a marked increase in median home values, with prices climbing from $89,400 in 2015 to $125,100 in 2022. This upward trend suggests a local market that could be becoming more attractive for new homeowners and investors. While still trailing both state and national levels—the latter reaching $179,400 in 2022—Orange County offers a potentially more affordable entry point compared to other regions. This price disparity might appeal to those looking for investment opportunities or considering a move to an area with relatively lower housing costs.
Residential Energy Tax Credit Per Tax Return in Orange County, IN Over the Last 8 Years
The residential energy tax credit per tax return in Orange County, Indiana, showcases some interesting fluctuations over the past eight years. Notably, there was a significant increase in the average credit in 2017 reaching $533.33, the highest in the period. Conversely, 2020 saw a dip to $338.46, one of the lower points. These changes could suggest varying levels of investment in energy-efficient improvements by homeowners or shifts in policy incentives. For those considering real estate investments or energy-efficient upgrades, understanding these trends could provide insights into optimal timing for maximizing tax benefits.
Average Real Estate Taxes Per Tax Return in Orange County, IN Over the Last 10 Years
Property owners in Orange County, Indiana, have seen a notable rise in real estate taxes over the past decade. Starting from an average of around $1,286.49 in 2012, taxes escalated to approximately $2,553.85 by 2021. This upward trend was particularly steep between 2017 and 2019, indicating a period of significant tax hikes. For potential investors and current residents, understanding these tax trends could be crucial for budgeting and long-term planning. Real estate and insurance professionals might similarly find this data valuable for assessing housing market dynamics and evaluating property values and risks in the area.
Percentage of Farm Returns in Orange County, IN Over the Last 10 Years
Orange County, Indiana has seen a general decline in the percentage of farm tax returns over the last decade, falling from approximately 5.07% in 2012 to around 4.05% in 2021. This trend may suggest a shift away from agricultural-based income among residents or a possible reduction in the number of active farms. Farm tax returns typically reflect the income generated from agricultural activities, which is crucial for investors, developers, and new residents to understand local economic shifts and land use changes. For those interested in investing or moving to the area, these statistics can provide insight into the evolving economic landscape, potentially indicating a diversification of other income sources or land usage.
Number of Mortgages by Occupancy Type in Orange County, IN Over the Last 5 Years in Orange County
Orange County, Indiana, has seen a significant increase in mortgages for Principal Residences over the last five years, rising from 423 in 2018 to 740 in 2022. This surge indicates a growing demand for primary homes, which may be linked to overall population growth or shifts in housing preferences. Investment Property mortgages have also shown a slight increase, suggesting potential attractiveness for real estate investments. Interestingly, Second Residences have fluctuated but remained relatively low in number. These trends are critical for investors, builders, and real estate agents as they reflect where demand and opportunities are emerging, aiding in making informed decisions about development and property acquisitions.
Economic Outlook
Orange County, Indiana has seen a steady increase in average taxable income per tax return, rising from $38,685.57 in 2013 to $52,025.94 in 2021. This upward trend could imply economic growth, attracting investors and property developers. Concurrently, state and local income taxes per tax return have nearly doubled from $4,572.50 in 2012 to $9,114.29 in 2021, particularly spiking after 2017, which might influence decisions on investments and relocation. Additionally, the total tax liability per... Read more
Average Taxable Income per Tax Return in Orange County, IN over the last 9 years
Orange County, Indiana has experienced a notable upward trend in average taxable income per tax return over the past nine years. From $38,685.57 in 2013, the income levels have gradually increased to $52,025.94 by 2021. This growth could potentially signal economic development in the area, making it an interesting prospect for investors, potential residents, and property developers eyeing consistent income growth.
Average State and Local Income Taxes Per Tax Return in Orange County, IN Over the Last 10 Years
Over the past decade, state and local income taxes per tax return in Orange County, Indiana have seen a significant increase. From $4,572.50 in 2012, the taxes nearly doubled, reaching $9,114.29 by 2021. This upward trend is especially notable after 2017, highlighting a fiscal environment with increasing tax burdens, which could impact decisions related to investments, property development, and relocation within the county.
Average Total Tax Liability Per Tax Return in Orange County, IN Over the Last 10 Years
In the last decade, Orange County, Indiana has seen a notable increase in the average total tax liability per tax return. Starting at $5,131.58 in 2012, figures have risen to $6,965.91 by 2021. The trend suggests a generally upward trajectory with some fluctuations, signaling potential economic growth or shifting income patterns in the county. This variability might be of interest to investors and residents considering financial planning, economic stability, and long-term investments in this location.
Cost of Living in Orange County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,174 | $1,235 | $1,738 | $1,258 | $1,043 |
| 1 adult 4 children | $1,174 | $1,008 | $1,328 | $1,258 | $1,133 |
| 2 adults 3 children | $1,174 | $1,009 | $1,509 | $1,258 | $864 |
| 1 adult 3 children | $1,174 | $823 | $1,099 | $1,258 | $927 |
| 2 adults 2 children | $826 | $826 | $1,279 | $1,100 | $750 |
| 1 adult 2 children | $826 | $617 | $869 | $1,100 | $664 |
| 2 adults 1 child | $826 | $653 | $1,050 | $585 | $696 |
| 1 adult 1 child | $826 | $421 | $640 | $585 | $583 |
| 2 adults | $628 | $524 | $820 | $0 | $580 |
| 1 adult | $576 | $286 | $410 | $0 | $487 |
Demographics
Orange County, Indiana's demographic trends reveal a nearly even split between male and female adults, which could speak to balanced community dynamics. The county shows a significant proportion of residents with at least a high school diploma, although a notable portion have not advanced past high school, hinting at potential areas for educational improvement. The age distribution displays a healthier spread among various age brackets, which may impact local services and community planning... Read more
Race Distribution in Orange County, Indiana (2022)
Educational Attainment in Orange County, Indiana (2022)
Age Distribution in Orange County, Indiana
Citizen Population in Orange County, Indiana (2022)
Political Trends & Data
Orange County, Indiana exhibited a notable partisan divide in the 2020 U.S. Presidential Election, with around 73% of votes favoring the Republican candidate and just over 25% supporting the Democratic candidate. The Libertarian party received around 2%, while other smaller parties had minimal impact. This suggests a predominantly Republican electorate with limited sway from minor parties, hinting at a stable political landscape in favor of the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Orange County, Indiana demonstrated a strong leaning toward the Republican party in the 2020 U.S. Presidential Election, with nearly 73% of votes cast for the Republican candidate. In contrast, the Democratic party garnered just over 25% of the vote, illustrating a significant partisan gap. The Libertarian party captured roughly 2%, while the Green party and other affiliations barely made a mark, indicating a relatively polarized electorate. This trend could suggest a stable Republican base in the area with limited influence from smaller parties.
72.83% of voters voted for the Republican party in the 2020 Presidential Election
25.18% of voters voted for the Democrat party in the 2020 Presidential Election
1.97% of voters voted for the Livertarian party in the 2020 Presidential Election
0.02% of voters voted for the Other party in the 2020 Presidential Election
School Data
Orange County, Indiana has experienced fluctuations in its student-to-teacher ratio over the past decade, peaking at nearly 17 students per teacher in 2015 and hitting a low of around 13 in 2022. Recent data suggest a stabilization closer to 13 students per teacher, which is slightly better than the national average of 14. This trend might appeal to those valuing personalized educational environments, possibly impacting property values positively and reflecting well on overall community... Read more
Student-to-teacher ratio in Orange County, Indiana over the last 10 years
Over the past ten years, Orange County, Indiana has seen fluctuations in its student-to-teacher ratio, peaking at nearly 17 students per teacher in 2015 and hitting a low of around 13 in 2022. Recent data show the ratio has stabilized closer to 13 students per teacher, which is slightly better than the national average of 14. For prospective investors, appraisers, and those looking to relocate, these smaller class sizes may indicate a more personalized educational environment and potentially impact property values positively. This trend might be of particular interest if you're considering the long-term educational aspects and overall community investment in Indiana.
