Clinton County Real Estate and Livability Trends
Clinton County, Kentucky has experienced a gradual rise in average taxable incomes, from $31,718.40 in 2013 to $40,127.78 in 2021, perhaps reflecting a healthier economic climate. Median home values reached $90,600 in 2022 but still trail the state and national averages. Real estate taxes increased from $1,202.94 in 2012 to $1,833.33 in 2021, potentially indicating growing property values.... Read more
Clinton County Market Trends
Clinton County, Kentucky's median home values hit $90,600 in 2022, showing a notable rise compared to prior years but still trailing the state's median value of $177,000 and the national average of $179,400. Real estate taxes have climbed consistently over the last decade, from $1,202.94 in 2012 to $1,833.33 in 2021 likely indicating growing property values. Residential energy tax credits have... Read more
Median Value of Occupied Housing Units in Clinton County, Kentucky Over the Last 8 Years
Clinton County, Kentucky's median home values experienced a significant jump in 2019 and 2020 before reaching $90,600 in 2022. This increase is impressive compared to the state's median value of $177,000 and the national average of $179,400 in the same year. Despite still lagging behind, Clinton County's accelerating growth could signal a burgeoning market, potentially attracting investors looking for emerging opportunities or homebuyers seeking more affordable housing options within Kentucky.
Residential Energy Tax Credit Per Tax Return in Clinton County, KY Over the Last 5 Years
Residential energy tax credits in Clinton County, Kentucky have shown fluctuations over the past five years, with averages ranging from $250.00 in 2015 to $440.00 in 2016. The general trend suggests some inconsistency, yet a potential increase in energy-efficient home investments or rebates can be inferred around 2016. This variability might interest investors and property developers assessing the county’s responsiveness to energy-saving initiatives. For residents and real estate agents, understanding these fluctuations could also aid in financial planning or highlighting greener homes in their listings. Appraisers and insurance agents may find this data relevant when considering property value assessments and insurance premiums, respectively.
Average Real Estate Taxes Per Tax Return in Clinton County, KY Over the Last 10 Years
Clinton County, Kentucky has seen a notable increase in average real estate taxes per tax return over the last decade, rising from $1,202.94 in 2012 to $1,833.33 in 2021. This consistent upward trend might suggest growing property values or changes in tax policy in the region. Potential investors and real estate agents could find opportunities here as the tax shifts may reflect evolving market conditions. Additionally, understanding these increases is crucial for appraisers and insurance agents for accurate property assessments and policy adjustments.
Percentage of Farm Returns in Clinton County, KY Over the Last 10 Years
The percentage of farm tax returns in Clinton County, Kentucky over the past decade hovered around 14% in the early years but has shown a general decline, dipping to approximately 12.38% in 2020 before a modest uptick to 13.01% in 2021. Farm tax returns are a significant indicator of agricultural activity, reflecting the economic health of local farming operations. For potential investors and residents, this trend may suggest shifts in land use or economic stresses within the agricultural sector, impacting local markets and community development.
Number of Mortgages by Occupancy Type in Clinton County, KY Over the Last 5 Years in Clinton County
The number of mortgages for principal residences in Clinton County, Kentucky has remained relatively high over the past five years, peaking in 2020. In contrast, investment property mortgages have consistently been low, with slight fluctuations. Meanwhile, the count for second residences saw a noticeable increase in 2021 but generally stayed modest. These patterns highlight a predominant demand for primary homes, possibly driven by local socio-economic factors and housing needs. This is crucial for investors, real estate agents, and developers as it may suggest a stable market for principal residences while offering limited but potentially lucrative opportunities in the investment and second residence markets. It's also pertinent for insurance agents and appraisers as they assess risk and value properties based on occupancy type trends.
Economic Outlook
Clinton County, Kentucky has seen a gradual increase in the average taxable income per tax return, rising from $31,718.40 in 2013 to $40,127.78 in 2021, possibly indicating a healthier financial climate. Concurrently, the average state and local income taxes per tax return also jumped from $4,758.33 in 2012 to $8,800.00 in 2021, hinting at a rising tax burden which investors and new residents should consider. The total tax liability per tax return has shown fluctuations, with notable increases... Read more
Average Taxable Income per Tax Return in Clinton County, KY over the last 9 years
Clinton County, Kentucky has seen a gradual increase in the average taxable income per tax return over the past nine years. Starting at $31,718.40 in 2013, it has risen to $40,127.78 by 2021, indicating a steady economic improvement. This upward trend might suggest a healthier financial climate for potential investors and those considering a move. Housing developers and real estate agents might find this data encouraging, as rising incomes can drive property values and demand. For appraisers and insurance agents, higher incomes could mean assessing more valuable properties and adjusting premiums accordingly.
Average State and Local Income Taxes Per Tax Return in Clinton County, KY Over the Last 10 Years
Over the past decade, Clinton County, Kentucky has seen a significant increase in average state and local income taxes per tax return, from $4,758.33 in 2012 to $8,800.00 in 2021. This upward trend suggests a rising tax burden, which potential investors and newcomers should consider. The sharp increases, particularly post-2015, indicate evolving economic policies or changes in income distributions within the county. It's crucial for property developers and prospective residents to factor in these tax trends when making financial or relocation decisions.
Average Total Tax Liability Per Tax Return in Clinton County, KY Over the Last 10 Years
Over the last decade, Clinton County, Kentucky has seen a general rise in the average total tax liability per tax return, with fluctuations that may catch the attention of investors and prospective property builders. Starting at approximately $3,305.02 in 2012, the tax liability initially ascended to around $3,552.07 by 2014, spiking to $4,117.67 in 2017. A dip to $3,742.73 in 2018 was followed by a consistent increase, reaching up to $4,352.86 in 2021. These trends could signify shifting economic conditions and potential policy changes impacting residents and businesses alike.
Cost of Living in Clinton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $903 | $1,347 | $1,820 | $1,056 | $1,064 |
| 1 adult 4 children | $903 | $1,100 | $1,392 | $1,056 | $1,091 |
| 2 adults 3 children | $903 | $1,101 | $1,579 | $1,056 | $861 |
| 1 adult 3 children | $903 | $898 | $1,151 | $1,056 | $855 |
| 2 adults 2 children | $742 | $901 | $1,338 | $916 | $781 |
| 1 adult 2 children | $742 | $673 | $910 | $916 | $680 |
| 2 adults 1 child | $742 | $712 | $1,097 | $461 | $734 |
| 1 adult 1 child | $742 | $460 | $669 | $461 | $605 |
| 2 adults | $624 | $572 | $856 | $0 | $648 |
| 1 adult | $538 | $312 | $428 | $0 | $528 |
Safety trends & Data
Clinton County, Kentucky has seen fluctuating property crime trends. Larceny-theft doubled from 2018 to 2019 and spiked again in 2022. Burglary peaked in 2020 with four incidents but dropped back to one in 2021. Crimes like forgery, counterfeiting, and possession of stolen property appear sporadic, indicating targeted rather than widespread issues. Investors, homebuyers, real estate agents, and insurance professionals may view Clinton County's varied property crime landscape as both a challenge... Read more
Property Crime Trends in Clinton County, KY Over the Last 5 Years
Clinton County, Kentucky has seen fluctuating property crime trends over the past five years. Notably, larceny-theft saw a doubling from 2018 to 2019, and again an increase in 2022 back to four instances. Burglary peaked in 2020 at four incidents but dropped back to one by 2021. Meanwhile, crimes like forgery and counterfeiting, as well as the possession of stolen property, reveal sporadic occurrences, suggesting targeted rather than widespread issues. Investors, homebuyers, real estate agents, and insurance professionals might find Clinton County's varied property crime landscape both a challenge and an opportunity for growth and mitigation strategies.
Demographics
Clinton County, Kentucky exhibits a nearly equal gender distribution with a slight edge to females. Educational attainment shows a significant portion with a high school diploma or some college experience, while fewer residents hold a bachelor's or advanced degree. This may indicate a workforce with practical skills over specialized training. Age distribution is spread across various groups but skews slightly older, implying potential future needs in healthcare and retirement services. The... Read more
Race Distribution in Clinton County, Kentucky (2022)
Educational Attainment in Clinton County, Kentucky (2022)
Age Distribution in Clinton County, Kentucky
Citizen Population in Clinton County, Kentucky (2022)
Political Trends & Data
Clinton County, Kentucky, displayed a strong preference for the Republican party in the 2020 U.S. Presidential Election, with around 87% of the votes potentially favoring the Republican candidate. In contrast, the Democratic candidate likely secured only about 12% of the votes. Minor parties, including Libertarian and Other, barely made a dent with less than 1% of the total votes, possibly indicating their minimal influence in the area. This voting pattern may highlight significant local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Clinton County in Kentucky showed a notable leaning towards the Republican party in the 2020 U.S. Presidential Election, with approximately 87% of the votes possibly going to the Republican candidate. In contrast, the Democratic candidate might have only captured around 12% of the votes, which could suggest a significant partisan divide. The minor parties, including Libertarian and Other, collectively seem to have garnered less than 1% of the total votes, potentially indicating limited influence in the region. Such voting patterns might reflect broader local political sentiments and affiliations.
86.78% of voters voted for the Republican party in the 2020 Presidential Election
12.23% of voters voted for the Democrat party in the 2020 Presidential Election
0.61% of voters voted for the Livertarian party in the 2020 Presidential Election
0.39% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Clinton County, Kentucky has trended downward from 17 students per teacher in 2014 to around 13 in 2023, which is below the national average of 14. This trend towards smaller class sizes may be seen as indicative of higher quality education, likely increasing the area's attractiveness to families. Real estate investors, appraisers, and builders could potentially see a rise in residential property demand, while insurance agents might need to adjust coverages to... Read more
Student-to-teacher ratio in Clinton County, Kentucky over the last 10 years
The student-to-teacher ratio in Clinton County, Kentucky has generally shown a downward trend over the last decade, dropping from 17 students per teacher in 2014 to approximately 13 students per teacher in 2023. This change indicates a shift towards smaller class sizes, especially significant when compared to the national average of 14 students per teacher. For real estate investors, smaller class sizes may signal a higher quality of education, potentially increasing the attractiveness of the area for families. Builders and appraisers might see an increased demand for residential properties, while insurance agents may notice shifts in claims and coverages related to improved educational environments. Real estate agents could find this trend a key selling point for prospective buyers looking to move to Clinton County.
