Caldwell County Real Estate and Livability Trends
Caldwell County, Kentucky has observed a rise in average taxable income per tax return, reaching $52,133.75 in 2021, which might suggest a thriving local economy. Median home values rebounded to $103,200 in 2022 from $87,900 in 2019, highlighting potentially favorable investment opportunities. Increased residential energy tax credits at $1,475.00 in 2021 point to a focus on energy-efficient... Read more
Caldwell County Market Trends
In Caldwell County, Kentucky, median home values peaked at $103,200 in 2022, rebounding from a low of $87,900 in 2019, signaling potential investment opportunities. Housing values remain lower than Kentucky's $177,000 and the national average of $179,400, suggesting a more affordable market for buyers. The average residential energy tax credit per tax return in Caldwell County spiked to $1,475.00... Read more
Median Value of Occupied Housing Units in Caldwell County, Kentucky Over the Last 8 Years
Over the past eight years, Caldwell County, Kentucky, has seen fluctuations in median home values, peaking at $103,200 in 2022 after a low of $87,900 in 2019. This compares to a steady growth trend in Kentucky and the nation, where median values reached $177,000 and $179,400 respectively in 2022. Although Caldwell County's housing values remain lower than both state and national averages, the recent upward trend potentially signals growing investment opportunities and an improving market, making it a more attractive option for buyers and investors.
Residential Energy Tax Credit Per Tax Return in Caldwell County, KY Over the Last 8 Years
Caldwell County, Kentucky's average residential energy tax credit per tax return has shown a varied trend over the last eight years. Starting at $241.67 in 2013, it peaked dramatically at $1,475.00 in 2021. Key fluctuations include increases in 2014 ($277.78) and 2019 ($366.67), with notable decline years such as 2017 ($200.00). These shifts suggest a growing emphasis on energy-efficient investments recently, particularly significant for potential homebuyers, appraisers, and investors evaluating property values and potential savings on energy costs.
Average Real Estate Taxes Per Tax Return in Caldwell County, KY Over the Last 10 Years
Caldwell County, Kentucky has seen notable changes in average real estate taxes per tax return over the past decade, with a general upward trend. Starting at $981.00 in 2012, there was a gradual increase each year until 2017, peaking sharply in 2018 at $1,473.68. The taxes surged again, hitting $1,871.43 in 2020 before dipping to $1,646.67 in 2021. These shifts may reflect changes in property values, tax rates, or both, potentially impacting decisions for investors, property developers, and homeowners in the county.
Percentage of Farm Returns in Caldwell County, KY Over the Last 10 Years
The percentage of farm tax returns in Caldwell County, Kentucky, has hovered around 7% to 8% over the last decade, peaking in 2013 at approximately 8.35%. While there has been a slight decline, there's still a steady presence of farmland activity. Farm tax returns are filings by farm owners reporting their agricultural income for tax purposes, providing a snapshot into the region's agricultural economy. This data is crucial for potential investors, builders, and residents as it reflects the economic viability and importance of farming in the local economy, which can influence property values, local business opportunities, and overall community investment.
Number of Mortgages by Occupancy Type in Caldwell County, KY Over the Last 5 Years in Caldwell County
Over the last five years in Caldwell County, Kentucky, we notice significant fluctuations in the number of mortgages for different occupancy types. The data shows a general uptick in principal residence mortgages, highlighting possibly favorable conditions for homebuyers or a rise in population. Notably, the peak in principal residence in 2021 might point to increased buyer confidence or economic factors stimulating home purchases during that year. Meanwhile, investment property and second residence mortgages remain relatively consistent, with minor variations yearly. For investors, shifts in principal residence trends could indicate changing community stability and growth, impacting rental demand and property values. Appraisers and insurance agents can extract insights related to market dynamics and risk assessments from these patterns. Real estate agents and developers should consider these metrics for future development projects, suggesting a steady trend in family-oriented housing demand while understanding the steady interest in secondary investment opportunities.
Economic Outlook
Caldwell County, Kentucky has observed a consistent increase in the average taxable income per tax return over the past nine years, reaching $52,133.75 in 2021. This trend may signal a strengthening local economy, potentially attracting investors and new residents. The rise in average total tax liability per tax return from $5,369.01 in 2012 to $6,761.67 in 2021 may point to increasing property values and higher earnings, although occasional volatility was noted. The notable rise in average... Read more
Average Taxable Income per Tax Return in Caldwell County, KY over the last 9 years
Over the past nine years, Caldwell County, Kentucky has seen a consistent increase in the average taxable income per tax return, with 2021 reaching $52,133.75. This growth trend could suggest a strengthening local economy which may be appealing to investors and new residents. For real estate agents and property developers, this upward trajectory might signal increased property values and potential demand for higher-end housing. Additionally, appraisers and insurance agents might need to factor in these rising incomes when assessing property values and policy premiums.
Average State and Local Income Taxes Per Tax Return in Caldwell County, KY Over the Last 10 Years
Average state and local income taxes per tax return in Caldwell County, Kentucky have experienced a notable rise over the past decade. Starting at $5,411.00 in 2012, they've peaked at $9,406.67 in 2021. This upward trajectory, with significant increases in 2017 and 2021, highlights an escalating tax burden that may impact both current residents and potential investors considering the area.
Average Total Tax Liability Per Tax Return in Caldwell County, KY Over the Last 10 Years
Over the past decade, Caldwell County, Kentucky has experienced a noticeable increase in the average total tax liability per tax return, growing from $5,369.01 in 2012 to $6,761.67 in 2021. The steady rise suggests a trend towards higher earnings or increasing property values, both of which may signal economic growth and potentially make the county more attractive to investors and new residents. This uptick in tax liability could reflect broader economic improvements in the region, though the slight dip in 2018 and subsequent recovery might indicate some volatility to consider.
Cost of Living in Caldwell County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $903 | $1,283 | $1,746 | $1,012 | $1,013 |
| 1 adult 4 children | $903 | $1,048 | $1,335 | $1,012 | $1,043 |
| 2 adults 3 children | $903 | $1,048 | $1,515 | $1,012 | $827 |
| 1 adult 3 children | $903 | $856 | $1,104 | $1,012 | $821 |
| 2 adults 2 children | $742 | $858 | $1,284 | $878 | $756 |
| 1 adult 2 children | $742 | $641 | $873 | $878 | $659 |
| 2 adults 1 child | $742 | $678 | $1,053 | $442 | $720 |
| 1 adult 1 child | $742 | $438 | $642 | $442 | $600 |
| 2 adults | $647 | $545 | $822 | $0 | $652 |
| 1 adult | $538 | $297 | $411 | $0 | $531 |
Safety trends & Data
The property crime landscape in Caldwell County, Kentucky shows notable fluctuations over the past five years, especially with larceny-theft peaking at 79.00 arrests in 2018 but later stabilizing between 43.00 and 71.00. Vandalism spikes to 15.00 arrests in 2020 but drops to 3.00 by 2022, while burglary arrests remain relatively stable between 6.00 to 11.00. Motor vehicle theft stays consistent, with 4.00 to 8.00 arrests per year. These changes might impact property values, insurance costs, and... Read more
Property Crime Trends in Caldwell County, KY Over the Last 5 Years
Caldwell County, Kentucky has seen a notable fluctuation in property crime over the past five years, with particular attention to trends that could impact potential investors and residents. Larceny-Theft continues to hold the highest numbers, peaking at 79.00 arrests in 2018 but falling to a range between 43.00 and 71.00 in subsequent years. Meanwhile, Vandalism showed a slight increase in 2020 to 15.00 arrests but reduced dramatically to just 3.00 by 2022. Burglary arrests have seen limited fluctuation, maintaining a range of 6.00 to 11.00 arrests annually. Motor Vehicle Theft remains relatively steady, hovering between 4.00 and 8.00 arrests per year. This evolving landscape suggests shifting focus areas for law enforcement and potentially evolving community safety measures, which might influence property values and insurance costs.
Demographics
Caldwell County, Kentucky's adult population in 2022 shows a slight female majority with approximately 49% males and 51% females. Educational attainment highlights a significant portion of the population as high school graduates, while fewer have obtained advanced degrees. Age distribution indicates a relatively balanced spread among different age groups, with slightly higher numbers in the 55 to 64-year range. The racial demographic is predominantly White, with small representations from Black... Read more
Race Distribution in Caldwell County, Kentucky (2022)
Educational Attainment in Caldwell County, Kentucky (2022)
Age Distribution in Caldwell County, Kentucky
Citizen Population in Caldwell County, Kentucky (2022)
Political Trends & Data
Caldwell County, Kentucky, saw Republicans dominating the 2020 U.S. Presidential Election, with over 75% of the votes. Democrats lagged, securing just under 25%. Minor parties barely registered, pulling in less than 2%. This indicates a strong Republican tilt that could shape local and state political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Caldwell County, Kentucky, the 2020 U.S. Presidential Election results showed that Republican candidates garnered significant support, with over three-quarters of the votes. Democrats trailed considerably, capturing just under a quarter of the electorate's favor. Minor parties, including Libertarians and other groups, made minimal impact, collectively drawing less than two percent of the vote. This voting pattern may indicate a strong Republican lean in the region, potentially influencing local and state politics.
76.32% of voters voted for the Republican party in the 2020 Presidential Election
22.29% of voters voted for the Democrat party in the 2020 Presidential Election
0.90% of voters voted for the Livertarian party in the 2020 Presidential Election
0.48% of voters voted for the Other party in the 2020 Presidential Election
School Data
Caldwell County, Kentucky, has seen a steady decline in the student-to-teacher ratio, dropping from about 18 students per teacher in 2014 to roughly 16 students per teacher in 2023. This trend could suggest efforts to reduce class sizes and improve educational quality, making the area potentially attractive to real estate investors and families. While still above the national average of 14 students per teacher, Caldwell County's improving figures might also positively influence property... Read more
Student-to-teacher ratio in Caldwell County, Kentucky over the last 10 years
Over the last decade, Caldwell County, Kentucky has seen a gradual decrease in the student-to-teacher ratio, declining from approximately 18 students per teacher in 2014 to around 16 students per teacher in 2023. This trend might indicate an effort to reduce class sizes and provide a more individualized educational experience. Real estate investors and families considering relocation might find this appealing, as smaller class sizes are often viewed as advantageous for student performance. Similarly, appraisers and insurance agents could factor in lower student-to-teacher ratios as a potential positive indicator when assessing property values and risks in the area. Compared to the national average of around 14 students per teacher, Caldwell County still has slightly larger class sizes, but the narrowing gap shows promising signs of improvement.
