Butler County Real Estate and Livability Trends
Butler County, Kentucky is showing signs of increasing affluence, with average taxable income per tax return rising significantly from $38,264.82 in 2013 to $51,255.86 by 2021. The county's median home values appreciated modestly to $102,200 in 2022, still a bargain compared to state and national medians, yet its real estate taxes have nearly doubled over the last decade to approximately... Read more
Butler County Market Trends
Median home values in Butler County, Kentucky have appreciated modestly over the past eight years, reaching $102,200 in 2022. Despite this rise, the county remains more affordable compared to the state median of $177,000 and the national median of $179,400, making it appealing for value-seeking buyers. Residential energy tax credits in the county have surged from an average of $281.82 in 2016 to... Read more
Median Value of Occupied Housing Units in Butler County, Kentucky Over the Last 8 Years
Median home values in Butler County, Kentucky, have shown a steady upward trajectory over the past eight years, culminating in a noticeable jump to $102,200 in 2022. This increase is relatively modest when compared to the broader state trend where Kentucky saw home values rise to $177,000 the same year. On a national level, the gap widens further with the median value of occupied housing units reaching $179,400. This indicates that Butler County remains a more affordable option within the state and significantly below the national median, potentially making it an attractive location for cost-conscious buyers or investors looking for value in a climbing market.
Residential Energy Tax Credit Per Tax Return in Butler County, KY Over the Last 6 Years
Residential energy tax credits in Butler County, Kentucky have generally trended upwards over the past six years. Despite some fluctuations, there's been a notable increase, with a jump from an average of $281.82 in 2016 to $540.00 in 2021. This suggests an increasing uptake in energy-efficient home improvements or installations, which could appeal to investors and homeowners focused on sustainability. Developing properties or investing in this area might yield potential tax savings and align with growing energy efficiency initiatives.
Average Real Estate Taxes Per Tax Return in Butler County, KY Over the Last 10 Years
Butler County, Kentucky has seen a steady increase in average real estate taxes per tax return over the past decade, escalating from around $918.39 in 2012 to approximately $1,875.00 in 2021. This upward trend, particularly the significant spike between 2017 and 2018, likely impacts decisions for prospective homeowners, investors, and real estate professionals. Higher taxes typically reflect rising property values, which could signify a growing real estate market but also increased costs for property ownership.
Percentage of Farm Returns in Butler County, KY Over the Last 10 Years
Farm tax returns in Butler County, Kentucky, have shown slight fluctuations over the past decade. The percentage of farm returns hovered around 11.9% from 2012 to 2017, dipping to about 10.8% in 2019 and 10.7% in 2020, before a small increase to 11.0% in 2021. This data is useful for investors and residents considering agricultural ventures in the area, indicating a relatively stable agricultural presence with minor variations. farming is clearly a consistent aspect of the local economy, and the slight decline in recent years could be a signal for potential shifts or areas needing attention for sustainable growth.
Number of Mortgages by Occupancy Type in Butler County, KY Over the Last 5 Years in Butler County
In Butler County, Kentucky, the number of mortgages for principal residences consistently outnumbers those for investment and second properties, reflecting a strong preference for primary home ownership over the last five years. The fluctuations in mortgage counts for investment properties and second residences are relatively minimal compared to the noticeable decline in principal residence mortgages from 2020 to 2022. Changes in occupancy type could indicate shifts in market dynamics, economic conditions, and housing demand, directly impacting decisions for investors, builders, and real estate agents. This trend might also affect appraisals and insurance rates, as the stability and demand for primary residences often anchor the local housing market.
Economic Outlook
Butler County, Kentucky has seen a consistent rise in average taxable income per tax return, climbing from $38,264.82 in 2013 to $51,255.86 by 2021. This upward trend suggests a potentially more affluent community, which might attract new residents and investors. Concurrently, average state and local income taxes per tax return have increased from $5,103.61 in 2012 to $9,211.11 in 2021. This escalating tax burden is worth noting for potential investors and residents as it could impact economic... Read more
Average Taxable Income per Tax Return in Butler County, KY over the last 9 years
Butler County, Kentucky has seen a notable increase in average taxable income per tax return over the past nine years. Starting at $38,264.82 in 2013, the figure has steadily risen, reaching $51,255.86 by 2021. This suggests potential economic growth and improved financial conditions for residents, which could be appealing for potential investors, new residents, and businesses looking to tap into a progressively more affluent community.
Average State and Local Income Taxes Per Tax Return in Butler County, KY Over the Last 10 Years
Over the past decade, Butler County, Kentucky has seen a substantial increase in average state and local income taxes per tax return. Starting at $5,103.61 in 2012 and escalating to $9,211.11 by 2021, the region reflects a notable upward trend. This growing tax burden might be essential for prospective investors and residents to consider, as it could influence economic decisions and cost of living.
Average Total Tax Liability Per Tax Return in Butler County, KY Over the Last 10 Years
Over the past decade, Butler County, Kentucky has shown a notable increase in average total tax liability per tax return, starting at approximately $4,554.25 in 2012 and reaching $6,291.14 by 2021. This upward trend could suggest a rise in income levels or changes in tax policies. For those considering investing or building property, this financial indicator might reflect underlying economic development and potential growth in the region. However, it's important to investigate further to understand the factors driving these changes.
Cost of Living in Butler County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,055 | $1,182 | $1,857 | $1,179 | $1,123 |
| 1 adult 4 children | $1,055 | $966 | $1,420 | $1,179 | $1,173 |
| 2 adults 3 children | $1,055 | $966 | $1,612 | $1,179 | $916 |
| 1 adult 3 children | $1,055 | $789 | $1,174 | $1,179 | $946 |
| 2 adults 2 children | $742 | $791 | $1,366 | $1,025 | $787 |
| 1 adult 2 children | $742 | $591 | $929 | $1,025 | $698 |
| 2 adults 1 child | $742 | $625 | $1,121 | $525 | $735 |
| 1 adult 1 child | $742 | $404 | $683 | $525 | $616 |
| 2 adults | $564 | $502 | $875 | $0 | $619 |
| 1 adult | $560 | $274 | $438 | $0 | $537 |
Safety trends & Data
Property crime trends in Butler County, Kentucky show some interesting shifts. Burglary cases hit a peak at 7.0 in 2021 before dramatically dropping to 1.0 in 2022. Larceny-theft spiked to 6.0 cases in 2019 but vanished in the following years. Forgery and counterfeiting started at 4.0 in 2018, decreased to 2.0 by 2021, and then disappeared in 2022. Vandalism incidents were minor and irregular, and motor vehicle thefts and arson were scarce. These trends can be a key consideration for anyone... Read more
Property Crime Trends in Butler County, KY Over the Last 5 Years
Property crime trends in Butler County, Kentucky, show some notable shifts over the past five years. Burglary cases fluctuated, peaking at 7.0 in 2021 before dropping to 1.0 in 2022. Larceny-theft cases spiked in 2019 with 6.0 reported instances but were non-existent in subsequent years. Interestingly, forgery and counterfeiting incidents decreased from 4.0 in 2018 to 2.0 by 2021 and vanished from the data in 2022. Instances of vandalism were minor and irregular, while motor vehicle thefts and arson remained sparse. For anyone looking to invest, build, or live in Butler County, these trends highlight a dynamic crime landscape where certain types of property crimes have diminished, while others show volatile patterns.
Demographics
In Butler County, Kentucky, the population skews almost evenly between males and females. Education-wise, a significant portion of adults are high school graduates, with smaller segments attaining higher education degrees. The age distribution reflects a balanced mix with a notable presence of individuals aged 55 to 64. Racially, the county is predominantly White, with minimal representation from other racial groups. This data may suggest limited diversity and varying educational demands... Read more
Race Distribution in Butler County, Kentucky (2022)
Educational Attainment in Butler County, Kentucky (2022)
Age Distribution in Butler County, Kentucky
Citizen Population in Butler County, Kentucky (2022)
Political Trends & Data
Butler County, Kentucky experienced a significant Republican tilt in the 2020 U.S. Presidential Election, with Republicans potentially claiming just over 81% of the vote, Democrats around 17.6%, and Libertarians just over 1%. This heavy lean towards Republican candidates could indicate a robust conservative sentiment among residents. The minimal influence from other parties such as the Green Party suggests a predominantly two-party dynamic in the county's political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Butler County, Kentucky saw a significant lean towards the Republican party in the 2020 U.S. Presidential Election, with Republicans possibly capturing just over 81% of the vote. Democrats possibly garnered around 17.6%, while Libertarian candidates likely managed just over 1%. Other parties, including the Green Party, had minimal to no impact. This trend may reflect a strong conservative sentiment within the county.
81.02% of voters voted for the Republican party in the 2020 Presidential Election
17.62% of voters voted for the Democrat party in the 2020 Presidential Election
1.03% of voters voted for the Livertarian party in the 2020 Presidential Election
0.33% of voters voted for the Other party in the 2020 Presidential Election
School Data
Butler County, Kentucky's student-to-teacher ratio has seen notable variations over the past decade, with a significant decline from over sixteen students per teacher in 2014 to approximately twelve in 2021, before leveling out at around fourteen in 2023. This trend mirrors national averages and could influence individual student attention, funding models, and even broader community planning efforts. Local real estate professionals, investors, and public service planners might find this shift... Read more
Student-to-teacher ratio in Butler County, Kentucky over the last 10 years
Over the past decade, Butler County, Kentucky, has experienced notable fluctuations in its student-to-teacher ratio. Starting at over sixteen students per teacher in 2014, the ratio has generally declined, hitting a low of around twelve in 2021. While some variation occurred—especially between 2016 and 2020—the most recent figures for 2023 set the ratio at approximately fourteen. Compared to the current U.S. national average of 14 students per teacher, Butler County closely aligns with broader educational trends. This trend might signal evolving classroom sizes, impacting everything from individual student attention to potential funding models for schools, making it particularly relevant for investors, prospective residents, real estate agents, and public service planners.
