Campbell County Real Estate and Livability Trends
Campbell County, Kentucky is seeing a steady increase in average taxable income, from $59,507.30 in 2013 to $86,328.34 in 2021, pointing towards a strengthening economy that could be beneficial for real estate investments. Median home values have risen from $150,400 in 2015 to $214,400 in 2022, outpacing state and national averages and indicating a robust local market. The drop in poverty rates... Read more
Campbell County Market Trends
Campbell County, Kentucky's median home values have surged from $150,400 in 2015 to $214,400 in 2022, surpassing both state and national averages, suggesting a strong local real estate market. The county's real estate taxes have also climbed significantly, from $2,852.71 per tax return in 2012 to $5,551.25 in 2021, reflecting potential increases in property values or changes in tax assessments.... Read more
Median Value of Occupied Housing Units in Campbell County, Kentucky Over the Last 8 Years
Over the last eight years, Campbell County, Kentucky has seen a consistent upward trend in median home values, with a significant jump from $150,400 in 2015 to $214,400 in 2022. This growth outpaces both the state and national averages, making it a compelling area for real estate investment. While Kentucky as a whole saw median home values rise from $123,200 to $177,000 in the same period, Campbell County's numbers suggest a robust local market that's outperforming broader trends. For those looking to buy, invest, or build, Campbell County's real estate market could offer promising returns.
Residential Energy Tax Credit Per Tax Return in Campbell County, KY Over the Last 9 Years
Areas like Campbell County, Kentucky have seen significant fluctuations in average residential energy tax credits per tax return over the last nine years, with a notable spike in 2018 reaching $3340.00. This unusually high value may suggest a temporary incentive or program that encouraged energy-efficient upgrades. For investors and property developers, understanding these trends can highlight periods where incentives are more favorable, potentially reducing retrofit costs substantially. Realtors and those looking to move there might consider the energy upgrades installed during these peak years as added value. Insurance agents and appraisers might also find this information useful when evaluating properties' risk and value factors in the county.
Average Real Estate Taxes Per Tax Return in Campbell County, KY Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Campbell County, Kentucky have shown a notable upward trend, rising from approximately $2,852.71 in 2012 to about $5,551.25 in 2021. The most significant leap occurred between 2017 and 2018, where taxes jumped from around $3,547.80 to $4,916.77. This trend may imply increasing property values or changes in tax assessments, making it a crucial consideration for potential investors, homebuyers, and real estate professionals in the area. For insurance agents and appraisers, this data suggests a growing financial responsibility for property owners which might affect policy pricing and property valuations.
Percentage of Farm Returns in Campbell County, KY Over the Last 10 Years
The percentage of farm returns in Campbell County, Kentucky has shown a slight but consistent decline from 1.33% in 2012 to around 1.08% in 2021. This downward trend could suggest that farming is becoming less prevalent or profitable in the county. For those looking to invest or build property in Campbell County, it's worth noting that agricultural activity might not be as robust as in other regions, potentially impacting land value and use. Understanding farm tax returns here is crucial as they represent income reported from farming, directly affecting county's agricultural landscape.
Number of Mortgages by Occupancy Type in Campbell County, KY Over the Last 5 Years in Campbell County
Campbell County, Kentucky has seen fluctuating numbers in mortgage counts across different occupancy types over the last five years. Principal residences have consistently shown high mortgage counts but experienced a dip from 8,131 in 2021 to 5,237 in 2022. Investment properties and second residences have displayed much lower and steadier numbers, with slight increases in recent years. Changes in occupancy type can provide insights into market stability and resident preferences, affecting decisions for investors, homebuyers, real estate agents, and other stakeholders. Lower mortgage counts for investment properties might suggest fewer rental opportunities, while shifts in principal residence numbers could reflect broader economic trends or shifts in housing demand.
Economic Outlook
Campbell County, Kentucky has seen a steady rise in average taxable income per tax return, from $59,507.30 in 2013 to $86,328.34 in 2021, potentially indicating a burgeoning local economy conducive to real estate investments. The significant jump in state and local income taxes, which went from $7,602.74 in 2012 to $14,959.57 in 2021, underscores increasing fiscal demands that must be balanced against these gains. Notably, poverty rates have decreased, reaching a low of 9.2% in 2022, suggesting... Read more
Average Taxable Income per Tax Return in Campbell County, KY over the last 9 years
Campbell County, Kentucky witnessed a steady increase in average taxable income per tax return over the past nine years, rising from approximately $59,507.30 in 2013 to around $86,328.34 in 2021. Such growth may indicate a strengthening local economy, making it appealing for real estate investments and property development. Appraisers and insurance agents might find this trend useful for setting accurate property values and insurance premiums, respectively. This rise perhaps also suggests a stable employment landscape, which is beneficial for those considering moving to or investing in the area.
Average State and Local Income Taxes Per Tax Return in Campbell County, KY Over the Last 10 Years
Over the past decade, Campbell County, Kentucky has seen a significant rise in average state and local income taxes per tax return, jumping from $7,602.74 in 2012 to $14,959.57 in 2021. Notably, there was a sharp increase in 2018, with taxes surging to $12,830.94 and continuing to rise thereafter. This upward trend highlights growing fiscal demands on residents, which potential investors and homeowners should consider when planning their finances and assessing the economic environment in the region.
Average Total Tax Liability Per Tax Return in Campbell County, KY Over the Last 10 Years
Over the past decade, Campbell County, Kentucky, has seen a notable rise in the average total tax liability per tax return, climbing from around $9,238.45 in 2012 to approximately $14,371.18 in 2021. This upward trend could indicate a combination of increasing income levels and possible changes in tax laws, making it an appealing locale for long-term investments and property developments, as well as for those considering relocation. The steady, and at times sharp, increases in tax liability suggest a potential for continued economic growth and an expansion of local infrastructure, creating opportunities for businesses and residents alike.
Cost of Living in Campbell County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,432 | $1,456 | $2,189 | $1,438 | $1,614 |
| 1 adult 4 children | $1,432 | $1,189 | $1,676 | $1,438 | $1,660 |
| 2 adults 3 children | $1,432 | $1,189 | $1,898 | $1,438 | $1,332 |
| 1 adult 3 children | $1,432 | $971 | $1,385 | $1,438 | $1,400 |
| 2 adults 2 children | $1,069 | $974 | $1,608 | $1,268 | $1,071 |
| 1 adult 2 children | $1,069 | $727 | $1,095 | $1,268 | $1,033 |
| 2 adults 1 child | $1,069 | $769 | $1,317 | $717 | $980 |
| 1 adult 1 child | $1,069 | $497 | $804 | $717 | $819 |
| 2 adults | $820 | $618 | $1,026 | $0 | $765 |
| 1 adult | $715 | $337 | $513 | $0 | $589 |
Safety trends & Data
Campbell County, Kentucky has seen some interesting shifts in property crime rates over the past five years. While Larceny-Theft, the most common crime, fell significantly from 266 incidents in 2018 to 157 in 2022, Burglary also dropped from 36 to 16 during the same period. Even though Motor Vehicle Theft and Fraud rates saw less dramatic changes, overall crime decreases could catch the eye of potential investors, insurance agents, and real estate... Read more
Property Crime Trends in Campbell County, KY Over the Last 5 Years
Property crime in Campbell County, Kentucky has experienced some fluctuations over the past five years. Larceny-Theft has been the most prevalent crime but saw a notable decline from 266 incidents in 2018 to 157 in 2022. Burglary also trended downward, starting at 36 in 2018 and dropping to 16 in 2022. Other crimes like Motor Vehicle Theft and Fraud exhibited less dramatic but observable variances, generally maintaining lower occurrence counts. These trends might interest potential investors, insurance agents, and real estate professionals as indicators of shifting safety dynamics in the region.
Demographics
Campbell County, Kentucky showcases an intriguing blend of demographics. The population splits fairly evenly between males and females, suggesting a balanced gender distribution. Educational attainment reveals high school graduates comprise a significant portion, yet a notable fraction also holds bachelor's and graduate degrees, hinting at an educated workforce. Age distribution illustrates a relatively diverse range, with noticeable concentrations in the 25-34 and 55-64 age brackets, which... Read more
Race Distribution in Campbell County, Kentucky (2022)
Educational Attainment in Campbell County, Kentucky (2022)
Age Distribution in Campbell County, Kentucky
Citizen Population in Campbell County, Kentucky (2022)
Political Trends & Data
In Campbell County, Kentucky, 2020 U.S. Presidential Election results show a Republican preference with 58.3% of the vote, while Democrats hold a noticeable 39.7%. The Libertarians had a minimal presence at 1.6%, and other parties barely registered. This suggests a stable, yet slightly competitive, two-party system which could influence local real estate trends given the area's political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Campbell County, Kentucky, voting patterns from the 2020 U.S. Presidential Election suggest a leaning towards the Republican party, which garnered approximately 58.3% of the vote. Democrats received around 39.7%, indicating noticeable party preference but also a significant presence of Democratic voters. The Libertarian party had minimal impact with only about 1.6% of the votes, and other parties collectively gathered less than half a percent. This could imply a stable but slightly competitive two-party system in the region.
58.33% of voters voted for the Republican party in the 2020 Presidential Election
39.67% of voters voted for the Democrat party in the 2020 Presidential Election
1.56% of voters voted for the Livertarian party in the 2020 Presidential Election
0.44% of voters voted for the Other party in the 2020 Presidential Election
School Data
Campbell County, Kentucky's student-to-teacher ratio spiked dramatically to 18 in 2020, likely due to the COVID-19 pandemic, diverging from its usual proximity to the national average of 14. This fluctuation reflects an unusual strain on educational resources, but the county's overall stable ratios could signal a reliably competitive school district. For investors and real estate agents, such stability is a key indicator of community performance, making the area attractive to families and... Read more
Student-to-teacher ratio in Campbell County, Kentucky over the last 10 years
Campbell County, Kentucky's student-to-teacher ratio has fluctuated over the past decade, peaking dramatically at 18 in the year 2020, likely reflecting the impact of the COVID-19 pandemic. Although the ratio mostly hovered around the national average of 14 students per teacher, the spike in 2020 suggests an atypical strain on educational resources. The ratios mostly stayed close to the national average, making Campbell County relatively competitive education-wise. For investors and real estate agents, consistent ratios could suggest stable community and school district performance, important for families and potential buyers. Appraisers and insurance agents might find these trends useful for assessing community stability and investment potential.
