Carlisle County Real Estate and Livability Trends
Carlisle County, Kentucky, has seen an uptick in average taxable income per tax return, hitting $57,595.69 in 2021, suggesting a stronger local economy. However, rising state and local taxes, which averaged $11,685.71 in 2021, could impact living costs and investment returns. The real estate market has been volatile, with median home values peaking at $93,500 in 2018 but dipping to $81,000 by... Read more
Carlisle County Market Trends
Carlisle County, Kentucky’s real estate market shows a compelling contrast against broader state and national trends. While median home values peaked at $93,500 in 2018, they dipped to $81,000 by 2021, only to partially recover to $90,100 in 2022, suggesting a less stable market compared to Kentucky’s $177,000 and the national $179,400. The fluctuations in residential energy tax credits,... Read more
Median Value of Occupied Housing Units in Carlisle County, Kentucky Over the Last 8 Years
The median home values in Carlisle County, Kentucky saw fluctuations over the past eight years, peaking at $93,500 in 2018 before dipping to $81,000 by 2021, and then recovering to $90,100 in 2022. When compared to the state and national trends where median home values consistently increased, Carlisle County’s more erratic growth could indicate a less stable market. While Kentucky’s median home value reached $177,000 in 2022 and the national value hit $179,400, Carlisle County remains significantly lower, which might appeal to budget-conscious buyers or investors looking for lower entry points.
Residential Energy Tax Credit Per Tax Return in Carlisle County, KY Over the Last 4 Years
Carlisle County, Kentucky has seen varied trends in Residential Energy Tax Credits per tax return over the past four years. After an initial value of $400.00 in 2013, there was a notable dip in subsequent years, dropping to $300.00 in 2014 and further to $275.00 in 2015. However, 2016 showed a significant rebound to $575.00. This volatility may reflect changing policies, shifts in energy investments, or economic factors. For investors and real estate professionals, this kind of financial incentive variability could signal potential opportunities or risks associated with residential energy improvements.
Average Real Estate Taxes Per Tax Return in Carlisle County, KY Over the Last 10 Years
Over the past decade, Carlisle County, Kentucky has seen a noticeable increase in average real estate taxes per tax return, rising from $947.73 in 2012 to a peak of $2,100.00 in 2020 before settling to $1,814.29 in 2021. This upward trend may interest potential investors or homebuyers as it suggests growing property values and possibly increased public service funding. For appraisers and insurance agents, these data points could hint at escalating costs and market adjustments in the region. Real estate agents and builders might see opportunities in the rising demand indicated by increasing tax revenues.
Percentage of Farm Returns in Carlisle County, KY Over the Last 10 Years
Farm tax returns in Carlisle County, Kentucky, have generally shown a slight decrease over the last decade. Percentages have dipped from about 11.47% in 2012 to around 9.72% by 2021. This trend might suggest a gradual decline in the number of farmers declaring farm income, which could be indicative of various factors like changing economic conditions, shifts in agricultural practices, or even the demographics of farm ownership. For potential investors or property developers, this data might be crucial in understanding the local agricultural economy and its possible future trajectory.
Number of Mortgages by Occupancy Type in Carlisle County, KY Over the Last 5 Years in Carlisle County
Carlisle County, Kentucky has seen notable fluctuations in mortgage counts by occupancy type over the past five years. Principal residence mortgages have increased markedly, hitting a peak of 140 in 2021, suggesting possible growth in the local population or heightened homebuying activity. Conversely, investment property mortgages have remained comparatively low and declined, indicating tepid interest from investors, which could affect local rental markets. Shifts in mortgage types can provide insights into population trends, economic health, and the demand for various property types, impacting decisions for investors, developers, and real estate professionals alike.
Economic Outlook
Carlisle County, Kentucky has experienced a generally upward trend in average taxable income per tax return, reaching $57,595.69 in 2021 despite a dip in 2017. This could hint at a stronger local economy and increased consumer spending potential, making the area more attractive for investors and relocators. However, there's been a sharp rise in average state and local income taxes, hitting $11,685.71 by 2021, which may affect cost of living and investment returns. Notable fluctuations in total... Read more
Average Taxable Income per Tax Return in Carlisle County, KY over the last 9 years
Carlisle County, Kentucky has observed fluctuations in average taxable income per tax return over the past nine years, with an overall upward trend. After a dip in 2017 to $48,726.92, it rebounded steadily, reaching $57,595.69 in 2021. This growth suggests potential for increased consumer spending and possibly a stronger local economy, which could be of particular interest to investors, real estate agents, and those considering relocation to the area. It might also signal a more robust market for property development and insurance services.
Average State and Local Income Taxes Per Tax Return in Carlisle County, KY Over the Last 10 Years
Over the last decade, Carlisle County, Kentucky has seen a notable increase in average state and local income taxes per tax return. Starting at $5,862.22 in 2012, these taxes surged to $11,685.71 by 2021, peaking significantly in recent years, particularly from 2019 onwards. This trend underscores a rapidly growing tax burden, which could impact cost of living and investment returns for those considering relocation, investment, or development in the county.
Average Total Tax Liability Per Tax Return in Carlisle County, KY Over the Last 10 Years
Average total tax liability per tax return in Carlisle County, Kentucky, has fluctuated over the past decade, with notable peaks in 2014 at $8,481.13 and 2020 at $7,887.59. Lower averages were observed in 2017 and 2018 at $6,702.61 and $6,040.28, respectively. These variations suggest potential contributors such as economic shifts, policy changes, or demographic adjustments. Understanding these trends can be crucial for investors, real estate developers, and residents looking to gauge the financial landscape of Carlisle County.
Cost of Living in Carlisle County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $903 | $1,214 | $1,746 | $1,037 | $1,009 |
| 1 adult 4 children | $903 | $992 | $1,335 | $1,037 | $1,076 |
| 2 adults 3 children | $903 | $992 | $1,515 | $1,037 | $847 |
| 1 adult 3 children | $903 | $810 | $1,104 | $1,037 | $827 |
| 2 adults 2 children | $742 | $812 | $1,284 | $897 | $757 |
| 1 adult 2 children | $742 | $607 | $873 | $897 | $666 |
| 2 adults 1 child | $742 | $642 | $1,053 | $442 | $718 |
| 1 adult 1 child | $742 | $415 | $642 | $442 | $601 |
| 2 adults | $579 | $516 | $822 | $0 | $627 |
| 1 adult | $538 | $281 | $411 | $0 | $531 |
Safety trends & Data
Property crime in Carlisle County, Kentucky is on a downward trend, particularly in burglary cases which peaked at 9 incidents in 2019 but significantly dropped in follow-up years. This declining crime rate could make the county more appealing to investors, real estate agents, and insurers, hinting at an improving safety profile. Lower crime rates can enhance property values and decrease associated... Read more
Property Crime Trends in Carlisle County, KY Over the Last 4 Years
Property crime in Carlisle County, Kentucky shows a declining trend overall, especially in burglary incidents, which peaked at 9 cases in 2019 before dropping significantly in subsequent years. The variability in stolen property arrests indicates a fluctuating but generally low level of this type of crime. This downward trend may interest potential investors, real estate agents, and insurers by hinting at a relatively improving safety profile for the area, potentially enhancing property values and reducing risk.
Demographics
Carlisle County, Kentucky has a slightly higher number of females compared to males. Educational attainment varies with the majority having at least completed high school, though those with higher education degrees are fewer. The age distribution indicates a balanced spread across different age groups, though there tends to be a somewhat higher number of individuals in the senior age brackets. The racial composition is predominantly White, with very few minorities, indicating limited racial... Read more
Race Distribution in Carlisle County, Kentucky (2022)
Educational Attainment in Carlisle County, Kentucky (2022)
Age Distribution in Carlisle County, Kentucky
Citizen Population in Carlisle County, Kentucky (2022)
Political Trends & Data
Carlisle County, Kentucky, showed a strong Republican preference in the 2020 U.S. Presidential Election, with about 82% of the votes. Democrats captured nearly 18%, and Libertarians pulled in under 1%. The remaining votes were scattered among other parties, making their impact... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Carlisle County, Kentucky, the 2020 U.S. Presidential Election leaned heavily toward the Republican party, with approximately 82% of the vote. Democrats secured nearly 18%, while Libertarians garnered less than 1%. Other parties barely made an impact, collecting only a fraction of the total votes. This distribution highlights a strong Republican preference in the county.
81.84% of voters voted for the Republican party in the 2020 Presidential Election
17.55% of voters voted for the Democrat party in the 2020 Presidential Election
0.57% of voters voted for the Livertarian party in the 2020 Presidential Election
0.04% of voters voted for the Other party in the 2020 Presidential Election
School Data
Carlisle County, Kentucky, has experienced notable shifts in its student-to-teacher ratio, peaking at 15 students per teacher in 2018, which was above the US national average of 14, and dropping to 13 students per teacher by 2022. This trend towards a lower ratio could suggest improvements in personalized education, potentially increasing the area's appeal to young families. For real estate professionals, these changes are significant as they might influence local school rankings, property... Read more
Student-to-teacher ratio in Carlisle County, Kentucky over the last 10 years
The student-to-teacher ratio in Carlisle County, Kentucky, has shown some fluctuation over the last decade, with a notable peak in 2018 at 15 students per teacher, which is above the current US national average of 14. Since then, the ratio has generally trended downward, reaching a low of approximately 13 students per teacher in 2022. Such changes might matter for those considering investments or relocations since a lower student-to-teacher ratio can be indicative of more personalized education, potentially raising the area's attractiveness to young families. For real estate agents, appraisers, and insurance agents, these dynamics are relevant as they influence local school rankings, property values, and the overall desirability of the community. For those in property development or real estate, understanding these trends can help in strategizing marketing efforts and client consultations.
