Pulaski County Real Estate and Livability Trends
Pulaski County, Indiana, has seen its median home value increase from $93,000 in 2015 to $131,500 in 2022, offering potentially affordable entry points for investors despite trailing state and national growth rates. Significant peaks in residential energy tax credits and rising real estate taxes highlight shifting homeowner behaviors and policy impacts. Observations indicate a pivot away from... Read more
Pulaski County Market Trends
Pulaski County, Indiana has seen its median home value rise from $93,000 in 2015 to $131,500 in 2022, trailing behind state and national growth rates. This slower appreciation may present affordable entry points for investors, though it also suggests a different strategic approach might be necessary. Interesting peaks in residential energy tax credits and rising real estate taxes reflect evolving... Read more
Median Value of Occupied Housing Units in Pulaski County, Indiana Over the Last 8 Years
Pulaski County, Indiana has experienced a steady increase in median home values over the past eight years, albeit at a slower pace compared to both state and national trends. The median value rose from $93,000 in 2015 to $131,500 in 2022. While the state of Indiana saw its median home value climb from $124,200 to $183,600 during the same period, and nationwide figures jumped from $125,500 to $179,400. For potential investors, this suggests that Pulaski County may offer more affordable entry points, though this relatively slower growth could be a mixed bag depending on investment strategies. The increasing home values still signify a growing market, which might appeal to those looking to buy property in a developing area with potential long-term gains.
Residential Energy Tax Credit Per Tax Return in Pulaski County, IN Over the Last 8 Years
Over the last eight years, Pulaski County, Indiana has seen fluctuations in residential energy tax credits per tax return. Notably, there was a substantial peak in 2019 averaging $650.00, potentially indicating increased investments in energy-saving home improvements. A decline followed, with credits averaging $483.33 in 2020 and $300.00 in 2021, suggesting varying levels of homeowner adoption of energy-efficient technologies or changes in tax policy. These trends may offer insights for property investors and insurers assessing the region's pace of adoption of energy-efficient upgrades.
Average Real Estate Taxes Per Tax Return in Pulaski County, IN Over the Last 10 Years
Pulaski County, Indiana has seen a significant increase in average real estate taxes per tax return over the past decade, jumping from approximately $934.74 in 2012 to about $1984.62 in 2021. The most notable spikes occurred between 2017 and 2021, which might suggest changes in property assessments or tax policies. This trend could indicate rising property values, making it an intriguing prospect for investors and those considering real estate development. However, higher taxes might affect affordability for potential homeowners and impact appraisal values, influencing insurance rates and real estate market dynamics.
Percentage of Farm Returns in Pulaski County, IN Over the Last 10 Years
In the past decade, Pulaski County, Indiana has seen a subtle but steady decline in the percentage of farm tax returns, dropping from approximately 7.05% in 2012 to around 5.62% in 2021. Farm tax returns in this context refer to the portion of tax filings that are specifically associated with agricultural income, reflecting the economic health and prevalence of farming in the area. For those looking to invest, move, or build property in Pulaski County, this trend may suggest a gradual shift away from traditional farming, which could impact property values, local economy, and community demographics.
Number of Mortgages by Occupancy Type in Pulaski County, IN Over the Last 5 Years in Pulaski County
Pulaski County, Indiana has seen fluctuations in mortgage counts for different occupancy types over the past five years. Mortgages for principal residences have consistently dominated, peaking notably in 2021 with 611 recorded, which suggests a robust demand for primary homes. Investment properties have maintained relatively stable, low numbers, hinting at potentially less attractiveness or available opportunistic markets for investors. Second residences saw a significant drop by 2022, reflecting perhaps a shifting preference or financial feasibility among homeowners. For investors or stakeholders, these trends could signal valuation changes and risk assessments in mortgage underwriting and property development. This nuanced understanding can inform strategic decisions in buying, selling, or insuring properties in the region.
Economic Outlook
Pulaski County, Indiana has witnessed a steady climb in average taxable income per tax return, rising from roughly $49,303 in 2013 to around $57,292 in 2021. This trend suggests possible economic growth or increasing wages post-pandemic. Meanwhile, fluctuations in state and local income taxes, which peaked at $11,950.00 in 2019, are crucial for financial planning and investment decisions. The average total tax liability also shows variability, with a notable dip to $6,536.32 in 2018 and a... Read more
Average Taxable Income per Tax Return in Pulaski County, IN over the last 9 years
Pulaski County, Indiana has seen a gradual rise in average taxable income per tax return over the past nine years, moving from around $49,303 in 2013 to approximately $57,292 in 2021. This upward trend, despite some fluctuations, could indicate a growing economy or increasing wages in the area. The notable jump in 2021 might be reflective of post-pandemic economic adjustments. Potential investors and residents may find these dynamics indicative of an improving local economy and perhaps greater opportunities for return on investment or higher personal earnings.
Average State and Local Income Taxes Per Tax Return in Pulaski County, IN Over the Last 10 Years
Pulaski County, Indiana, has seen significant fluctuations in state and local income taxes per tax return over the past decade. Starting at $8,144.34 in 2012, there was a steady rise reaching a peak of $11,950.00 in 2019, before stabilizing slightly above $11,000 through 2021. These tax trends are essential for prospective investors and residents as they reflect economic changes and could influence financial planning and investment decisions in the area.
Average Total Tax Liability Per Tax Return in Pulaski County, IN Over the Last 10 Years
Pulaski County, Indiana, has seen notable fluctuations in its average total tax liability per tax return over the past decade. From a peak of $8,425.90 in 2013, there was a general decline reaching a low of $6,536.32 in 2018. The most recent data from 2021 shows a rebound to $7,617.56. This variability could reflect the economic conditions and tax policy changes impacting residents' financial situations over the years. Potential investors and property developers might find these trends indicative of the region's economic dynamics, which could influence long-term planning and investment strategies.
Cost of Living in Pulaski County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,047 | $1,387 | $1,763 | $1,253 | $1,062 |
| 1 adult 4 children | $1,047 | $1,133 | $1,347 | $1,253 | $1,138 |
| 2 adults 3 children | $1,047 | $1,133 | $1,530 | $1,253 | $869 |
| 1 adult 3 children | $1,047 | $925 | $1,114 | $1,253 | $918 |
| 2 adults 2 children | $826 | $928 | $1,298 | $1,095 | $787 |
| 1 adult 2 children | $826 | $693 | $882 | $1,095 | $699 |
| 2 adults 1 child | $826 | $733 | $1,065 | $583 | $725 |
| 1 adult 1 child | $826 | $474 | $649 | $583 | $602 |
| 2 adults | $731 | $589 | $832 | $0 | $635 |
| 1 adult | $576 | $321 | $416 | $0 | $499 |
Safety trends & Data
Property crime trends in Pulaski County, Indiana reveal a fluctuating pattern with burglary incidents peaking at six in 2019 but falling to one in 2020. Larceny-theft showed a minimal presence in 2018 and 2021, while motor vehicle theft and fraud were relatively low yet noticeable. Emerging crime categories such as stolen property and vandalism suggest changing crime dynamics, potentially affecting insurance rates and real estate... Read more
Property Crime Trends in Pulaski County, IN Over the Last 5 Years
Property crime trends in Pulaski County, Indiana show some variability over the last five years. Burglary incidents fluctuated, peaking at six in 2019 and dropping to just one in 2020, suggesting a volatile pattern that potential property investors should consider. Larceny-Theft saw a slight presence in 2018 and 2021, while motor vehicle theft and fraud were relatively low but noticeable. New categories like stolen property and vandalism appeared in recent years, indicating evolving crime dynamics that might impact insurance and real estate assessments.
Demographics
Pulaski County, Indiana appears to have a relatively balanced gender distribution among its adult population. The area's educational attainment trends suggest that the majority of residents have at least a high school diploma, but it's less common to find individuals with advanced degrees. The age distribution hints at a sizeable elderly population with a notable drop in residents aged 20-24, possibly indicating younger individuals moving away. When it comes to race, the county is predominantly... Read more
Race Distribution in Pulaski County, Indiana (2022)
Educational Attainment in Pulaski County, Indiana (2022)
Age Distribution in Pulaski County, Indiana
Citizen Population in Pulaski County, Indiana (2022)
Political Trends & Data
Pulaski County, Indiana, showcased a notable Republican dominance in the 2020 U.S. Presidential Election, securing around 73% of the votes. Democrats trailed significantly with approximately 25%, while the Libertarian party only managed about 1.7%, revealing a substantial preference for the two major parties. No votes were cast for the Green or other parties, highlighting a distinct lack of political diversity beyond the Republican and Democrat divide. This could provide insight into the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Pulaski County, Indiana, the political landscape in the 2020 U.S. Presidential Election leaned heavily Republican, with approximately 73% of the vote. Democrats garnered roughly 25%, with minimal support for the Libertarian party at about 1.7%. No votes were recorded for the Green party or other parties, suggesting strong bipartisan preferences in this county. This trend may indicate a robust Republican stronghold, with very limited political diversity beyond the major two parties.
73.13% of voters voted for the Republican party in the 2020 Presidential Election
25.20% of voters voted for the Democrat party in the 2020 Presidential Election
1.67% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Pulaski County, Indiana has generally maintained a student-to-teacher ratio below the national average of 14 students per teacher over the past decade, fluctuating between approximately 11 and 13 students per teacher. This trend could be attractive to families seeking personalized education, possibly leading to a more stable housing market. Lower ratios might also indicate strong educational investments, correlating with overall community development and quality of life improvements, which... Read more
Student-to-teacher ratio in Pulaski County, Indiana over the last 10 years
Over the past decade, Pulaski County, Indiana has generally maintained a student-to-teacher ratio below the national average of 14 students per teacher. This trend, with ratios fluctuating between approximately 11 and 13 students per teacher, can be appealing for families prioritizing personalized education for their children. For investors and real estate agents, such favorable ratios may suggest a potential draw for new residents, potentially leading to a more stable housing market. Appraisers and insurance agents might also consider these ratios as part of the broader community context when evaluating the area’s desirability and associated risks. Lower student-to-teacher ratios often signal robust educational investments, possibly correlating with overall community development and quality of life improvements.
