Vanderburgh County Real Estate and Livability Trends
Vanderburgh County, Indiana, is witnessing an upward trend in average taxable income and rising state and local taxes, reflecting an evolving economic landscape that could shape property investment decisions. Real estate taxes have surged significantly, while median home values continue to rise, suggesting attractive investment opportunities relative to state and national averages. Shifts in... Read more
Vanderburgh County Market Trends
Vanderburgh County, Indiana, has seen median home values rise steadily over the past eight years, making homes there an attractive, cost-effective investment compared to state and national averages. A notable peak in residential energy tax credits in 2018 highlights the growing incentives for energy-efficient properties, suggesting potential long-term savings. Real estate taxes have also surged... Read more
Median Value of Occupied Housing Units in Vanderburgh County, Indiana Over the Last 8 Years
Over the past eight years, median home values in Vanderburgh County, Indiana, have shown a consistent upward trend, reaching $162,800 in 2022 from $115,500 in 2015. This increase, however, remains more affordable compared to the state average of $183,600 and the national average of $179,400 for 2022. For those considering an investment or move, Vanderburgh County presents a more cost-effective opportunity with a steady appreciation in home values, suggesting stability and growth potential in the local real estate market.
Residential Energy Tax Credit Per Tax Return in Vanderburgh County, IN Over the Last 9 Years
Over the past nine years, Vanderburgh County, Indiana saw considerable fluctuations in residential energy tax credits per tax return, peaking at $2,223.08 in 2018, a substantial increase from the $364.08 in 2013. While there were ups and downs, such as a rise to $815.38 in 2017 and a subsequent dip to $439.35 in 2016, the trend suggests growing incentives for energy-efficient home investments. This matters for prospective investors, real estate agents, and home builders as it hints at potential long-term savings and enhanced property values. The data is also valuable for appraisers and insurance agents assessing market conditions and the impact of energy-efficient upgrades on property evaluations.
Average Real Estate Taxes Per Tax Return in Vanderburgh County, IN Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Vanderburgh County, Indiana, have shown a notable upward trend. Starting from $1,853.43 in 2012, there has been a substantial increase to $3,965.76 by 2021. This nearly continuous rise, particularly the sharp jump observed between 2017 and 2018, could be a critical factor for potential investors, homeowners, appraisers, insurance agents, and real estate agents to consider. Understanding these trends might provide insights into property value fluctuations, community funding, and possible future tax adjustments in the area.
Percentage of Farm Returns in Vanderburgh County, IN Over the Last 10 Years
Farm tax returns in Vanderburgh County, Indiana have seen a subtle yet noticeable decline over the past decade. In 2012, the percentage of farm returns was approximately 0.45%, but it has gradually decreased, reaching around 0.36% by 2021. This trend may suggest a reduction in farming activities or shifts in the local agribusiness landscape. For potential investors or those considering moving to the area, this could imply evolving economic opportunities and changing land use priorities in Vanderburgh County. Understanding these dynamics is crucial for making informed decisions about property investments and community involvement.
Number of Mortgages by Occupancy Type in Vanderburgh County, IN Over the Last 5 Years in Vanderburgh County
Recent trends in Vanderburgh County, Indiana, show varying patterns in mortgage counts across different occupancy types over the past five years. Principal residences consistently dominate, with noticeable peaks in 2020 and 2021. Investment property mortgages, while lower in count, have shown a gradual increase, reflecting growing interest in rental and commercial opportunities. Second residences remain minimal, signaling limited demand for vacation homes or secondary living spaces. Changes in occupancy types can influence community demographics, local economy, and infrastructure needs, crucial for potential investors, real estate developers, and market analysts considering ventures in this area.
Economic Outlook
Vanderburgh County, Indiana, has experienced a notable increase in average taxable income per tax return, climbing from $51,170.06 in 2013 to $69,167.03 in 2021, reflecting a potentially growing economic base. Concurrently, average state and local income taxes per tax return have risen sharply, reaching $15,592.66 in 2021, which could influence financial planning for both residents and investors. Despite fluctuations, the poverty rate has shown some improvement, dropping to a low of 12.9% in... Read more
Average Taxable Income per Tax Return in Vanderburgh County, IN over the last 9 years
Over the past nine years, Vanderburgh County, Indiana, has seen a noticeable upward trend in average taxable income per tax return, climbing from $51,170.06 in 2013 to $69,167.03 in 2021. This increase highlights a growing economic base that could be attractive for potential investors and property developers looking for a promising market. For those considering a move to the area or already residing there, the trend may imply a strengthening job market and rising earnings potential. These figures could suggest a robust and resilient local economy, even amid broader economic fluctuations.
Average State and Local Income Taxes Per Tax Return in Vanderburgh County, IN Over the Last 10 Years
Vanderburgh County, Indiana has seen a significant rise in average state and local income taxes per tax return over the last decade, with a sharp increase starting in 2018. Taxes went from $6,080.54 in 2012 to $15,592.66 in 2021. This trend could impact financial planning for residents and potential investors, as well as influence decisions around property investments and relocations. Understanding this tax trajectory is key for anyone with financial interests in the county.
Average Total Tax Liability Per Tax Return in Vanderburgh County, IN Over the Last 10 Years
Over the past decade, Vanderburgh County, Indiana has seen fluctuations in the average total tax liability per tax return, peaking at $11,611.31 in 2021. Although there were periods of decline, such as in 2016 and 2018, the general trend indicates a gradual increase, which may reflect economic growth or changes in tax policies. This insight can be crucial for potential investors or new residents, as it provides a glimpse into the county's financial landscape and potential cost of living changes.
Cost of Living in Vanderburgh County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,299 | $1,416 | $1,710 | $1,728 | $1,234 |
| 1 adult 4 children | $1,299 | $1,156 | $1,314 | $1,728 | $1,347 |
| 2 adults 3 children | $1,299 | $1,156 | $1,480 | $1,728 | $1,036 |
| 1 adult 3 children | $1,299 | $944 | $1,085 | $1,728 | $1,125 |
| 2 adults 2 children | $1,003 | $947 | $1,250 | $1,520 | $883 |
| 1 adult 2 children | $1,003 | $707 | $855 | $1,520 | $856 |
| 2 adults 1 child | $1,003 | $748 | $1,020 | $847 | $801 |
| 1 adult 1 child | $1,003 | $483 | $625 | $847 | $670 |
| 2 adults | $802 | $601 | $791 | $0 | $607 |
| 1 adult | $712 | $328 | $395 | $0 | $503 |
Safety trends & Data
Vanderburgh County, Indiana saw notable shifts in property crime rates over the last five years, with larceny-theft peaking at 617 cases in 2018 but declining to 453 by 2022. Burglary incidents increased, reaching 99 cases in 2022. An unexpected spike in arson cases occurred in 2020, but numbers returned to lower levels by 2022. Meanwhile, fraud cases dropped dramatically from 151 in 2019 to 22 in 2022, hinting at improved financial security. These crime pattern fluctuations are essential for... Read more
Property Crime Trends in Vanderburgh County, IN Over the Last 5 Years
Vanderburgh County, Indiana has seen varying property crime rates over the last five years, with larceny-theft consistently being the most frequent incident, peaking at 617 cases in 2018 and slightly declining to 453 by 2022. Burglary incidents, while lower than larceny, have shown a notable increase in recent years, hitting a high of 99 cases in 2022. Arson cases spiked unexpectedly in 2020 but returned to lower numbers by 2022. Fraud cases have significantly decreased from a high of 151 in 2019 to just 22 in 2022, indicating potential improvements in financial security measures. These trends are crucial for investors, real estate agents, and individuals considering property investments, as they suggest shifting focuses for safety and crime prevention strategies in the county.
Demographics
The gender split in Vanderburgh County, Indiana, shows a marginally higher number of females compared to males. Educational attainment data suggests a significant portion of the population has a high school diploma or some college experience, yet fewer hold a bachelor's or graduate degree. Examining age distribution reveals a balanced spread across various age groups, with notable clusters in the 25 to 34 and 55 to 64 age brackets. The racial composition is predominantly White, with Black or... Read more
Race Distribution in Vanderburgh County, Indiana (2022)
Educational Attainment in Vanderburgh County, Indiana (2022)
Age Distribution in Vanderburgh County, Indiana
Citizen Population in Vanderburgh County, Indiana (2022)
Political Trends & Data
Vanderburgh County, Indiana shows a slight Republican tilt with about 54% of the vote in the 2020 Presidential Election going to the GOP, compared to just over 44% for Democrats. Libertarians and other minor parties hold minimal sway, hinting at a predominantly two-party dynamic in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In the 2020 U.S. Presidential Election, Vanderburgh County in Indiana seemed to lean slightly Republican, with close to 54% of the votes going to the GOP. The Democrats garnered just over 44% of the vote, suggesting a competitive but still Republican-favoring landscape. Libertarians and other minor parties made up a smaller fraction, potentially indicating limited influence in this county.
53.88% of voters voted for the Republican party in the 2020 Presidential Election
44.31% of voters voted for the Democrat party in the 2020 Presidential Election
1.70% of voters voted for the Livertarian party in the 2020 Presidential Election
0.06% of voters voted for the Green party in the 2020 Presidential Election
0.05% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past decade, Vanderburgh County, Indiana, has seen notable fluctuations in the student-to-teacher ratio, peaking at 18 students per teacher in 2019 before dropping to 14 by 2021. This swing might hint at changes in educational investment, population shifts, or policy adjustments, all of which could impact class sizes. For potential movers or investors, lower student-to-teacher ratios often mean more individualized attention for students, possibly enhancing educational outcomes and... Read more
Student-to-teacher ratio in Vanderburgh County, Indiana over the last 10 years
Over the past decade, the student-to-teacher ratio in Vanderburgh County, Indiana has shown notable fluctuations. From 2014 to 2019, the ratio experienced a steady climb, peaking at 18 students per teacher in 2019, well above the national average of 14 students per teacher. However, from 2020 onwards, it decreased significantly, reaching a low of 14 in 2021 before stabilizing around 14. This variation could suggest shifts in educational investments, population changes, or policy adjustments impacting class sizes, which may influence decisions for those considering moving to or investing in the area. Lower student-to-teacher ratios often imply more individualized attention for students, which could enhance educational outcomes and potentially increase property values in neighborhoods with desirable school districts.
