Johnson County Real Estate and Livability Trends
In Johnson County, Kentucky, median home values have seen a steady rise from $79,200 in 2015 to $130,900 in 2022, although they still lag behind both state and national medians. The substantial increase in average real estate taxes from $1365.22 in 2012 to $3484.62 in 2020 could indicate rising property values or reassessments. Interestingly, farm tax returns have remained stable, suggesting... Read more
Johnson County Market Trends
Johnson County, Kentucky has seen median home values climb from $79,200 in 2015 to $130,900 in 2022, still trailing the state and national medians of $177,000 and $179,400, respectively. Over the past decade, average real estate taxes per return surged from $1365.22 in 2012 to $3484.62 in 2020, possibly signaling higher property values or adjusted tax assessments. Meanwhile, fluctuating energy... Read more
Median Value of Occupied Housing Units in Johnson County, Kentucky Over the Last 8 Years
Johnson County, Kentucky has seen a substantial increase in median home values over the past 8 years, growing from $79,200 in 2015 to $130,900 in 2022. While impressive, these values remain lower than both Kentucky's state median, which reached $177,000 in 2022, and the national median value of $179,400 the same year. This suggests that Johnson County might offer more affordable options compared to broader state and national markets, potentially making it attractive for investors or homebuyers looking for lower entry points.
Residential Energy Tax Credit Per Tax Return in Johnson County, KY Over the Last 8 Years
Over the last eight years, Johnson County, Kentucky has seen fluctuating averages in residential energy tax credits per tax return, starting from $366.67 in 2013, with a notable dip to $300.00 in 2014, and peaking at $400.00 by 2020. This variability suggests potential changes in energy-efficient investments or eligibility criteria impacting homeowners' incentives. These trends could be significant for investors, appraisers, real estate agents, and insurance agents, indicating the community's engagement with energy efficiency measures and possibly affecting property valuations and market interest.
Average Real Estate Taxes Per Tax Return in Johnson County, KY Over the Last 10 Years
Johnson County, Kentucky has seen a noticeable increase in average real estate taxes per tax return over the last decade. Starting at approximately $1365.22 in 2012, the average amount has generally risen each year, peaking at around $3484.62 in 2020. There was a particularly sharp spike between 2017 and 2018, where taxes jumped from about $1914.53 to $3130.00. This trend might suggest rising property values or changing tax assessments in the area, pointing to potential growth opportunities and increasing investment attractiveness. Real estate agents, investors, and property developers might find these insights valuable when evaluating the local market dynamics and future prospects.
Percentage of Farm Returns in Johnson County, KY Over the Last 10 Years
Over the past decade, Johnson County, Kentucky has shown a fluctuating trend in the percentage of farm tax returns. From 2012 through 2021, percentages have hovered between 2.14% and 2.50%, indicating some volatility but overall stability in farm returns' presence. Farm tax returns, a reflection of agricultural activity, can hint at health and investment potential in local farming industries, crucial for investors or developers looking to capitalize on rural economies. Whether considering property investments or simply evaluating local economic health, these figures suggest a modest but steady agricultural presence in the county.
Number of Mortgages by Occupancy Type in Johnson County, KY Over the Last 5 Years in Johnson County
In Johnson County, Kentucky, principal residence mortgages have consistently dominated the market, peaking in 2020 with 938 recorded mortgages, while investment and second residence mortgages have remained relatively flat. This indicates possible stability in the local housing market, favoring long-term homeowners rather than transient or investment properties. For investors and realtors, this stability could suggest a lower risk environment but might also reflect limited investment opportunities. Changes in occupancy type could impact property values, insurance rates, and community dynamics, essential variables for appraisers and insurance agents evaluating market conditions.
Economic Outlook
In Johnson County, Kentucky, average taxable income per tax return has generally increased from $44,553.32 in 2013 to about $52,311.47 in 2021, suggesting a potential rise in economic stability or affluence. Notable spikes in state and local income taxes, particularly from $6,700.00 in 2017 to $10,738.10 in 2018, indicate a higher tax burden, likely influencing cost of living and possibly impacting property values. Fluctuations in average tax liability, with peaks of $7,492.41 in 2019, point to... Read more
Average Taxable Income per Tax Return in Johnson County, KY over the last 9 years
In Johnson County, Kentucky, average taxable income per tax return has generally shown an upward trend over the past nine years. There have been some fluctuations, but the increases from approximately $44,553.32 in 2013 to about $52,311.47 in 2021 are notable. This trend can be of particular interest to potential investors, developers, and real estate professionals, indicating a perhaps growing economic stability or affluence in the area. Keeping a close watch on these trends could help make more informed decisions regarding property investments and appraisals.
Average State and Local Income Taxes Per Tax Return in Johnson County, KY Over the Last 10 Years
Over the past decade, Johnson County, Kentucky, has seen a significant increase in average state and local income taxes per tax return, jumping from $6,157.75 in 2012 to $10,866.67 in 2021. The sharpest rise occurred between 2017 and 2018 when the average soared from $6,700.00 to $10,738.10. This upward trend suggests a higher tax burden for residents, which may impact cost of living considerations for potential movers and investors. The consistent increases in taxes could influence property values and the overall economic climate, shifting how people view Johnson County as a viable place to live or invest.
Average Total Tax Liability Per Tax Return in Johnson County, KY Over the Last 10 Years
Over the past decade, the average tax liability per return in Johnson County, Kentucky has shown notable fluctuation. Peaks were observed in 2015 and 2021, with $6,736.25 and $6,945.03 respectively, while a significant high of $7,492.41 occurred in 2019. Despite some dips, such as in 2016 with $6,201.46, there’s a general upward trend, which could suggest shifting economic conditions or changes in tax policy impacting residents. This variable pattern may be of interest to those keen on understanding financial commitments when investing, moving, or building property in the area.
Cost of Living in Johnson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $983 | $1,287 | $1,722 | $1,113 | $1,032 |
| 1 adult 4 children | $983 | $1,051 | $1,317 | $1,113 | $1,068 |
| 2 adults 3 children | $983 | $1,051 | $1,495 | $1,113 | $844 |
| 1 adult 3 children | $983 | $858 | $1,089 | $1,113 | $844 |
| 2 adults 2 children | $742 | $861 | $1,267 | $967 | $742 |
| 1 adult 2 children | $742 | $643 | $861 | $967 | $641 |
| 2 adults 1 child | $742 | $680 | $1,039 | $493 | $697 |
| 1 adult 1 child | $742 | $439 | $633 | $493 | $577 |
| 2 adults | $564 | $546 | $811 | $0 | $590 |
| 1 adult | $538 | $298 | $406 | $0 | $500 |
Safety trends & Data
Property crime trends in Johnson County, Kentucky, show notable fluctuations over the past five years with burglary and larceny-theft peaking in 2019 but stabilizing at lower levels thereafter. A significant drop in larceny-theft to only one incident in 2020 contrasts sharply with its prior peak. Motor vehicle thefts also spiked in 2019 but stayed low in other years, while stolen property cases have been on the rise, hitting 7 cases in 2022. These trends matter as they offer crucial insights... Read more
Property Crime Trends in Johnson County, KY Over the Last 5 Years
Property crime trends in Johnson County, Kentucky, show notable fluctuations over the past five years. Burglary saw a sharp increase in 2019 with 14 reported incidents, then stabilized at lower levels in subsequent years. Larceny-Theft experienced a peak in 2019 with 17 cases but dropped drastically to only one in 2020. Interestingly, motor vehicle theft spiked in 2019 to 8 incidents but remained low in other years. Stolen Property cases exhibited a rising trend, particularly significant in 2022 with 7 cases. Vandalism and arson appeared sporadically, indicating occasional issues. Understanding these trends can aid real estate agents, investors, and insurance professionals in making more informed decisions.
Demographics
Johnson County, Kentucky, shows a fairly balanced gender distribution with slightly more females than males. Educational attainment varies widely, but high school graduates and those with some college but no degree constitute significant proportions. The county has a diverse age distribution with notable representation in the 45 to 64 age bracket. Racially, the population appears to be overwhelmingly white, with very small percentages of other racial... Read more
Race Distribution in Johnson County, Kentucky (2022)
Educational Attainment in Johnson County, Kentucky (2022)
Age Distribution in Johnson County, Kentucky
Citizen Population in Johnson County, Kentucky (2022)
Political Trends & Data
In Johnson County, Kentucky, the 2020 U.S. Presidential Election saw a strong sway towards the Republican party, grabbing around 83% of the vote, while Democratic votes trailed at roughly 16%. Libertarian and other smaller parties barely made a dent, with just over 1% combined. This significant Republican tilt could play a role in shaping local and state political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Johnson County, Kentucky during the 2020 U.S. Presidential Election, Republican votes dominated at around 83%, while Democrats captured just about 16%. Libertarian and other parties had minimal impact, gathering slightly over 1% collectively. This trend indicates a strong Republican lean in this region, potentially influencing local and state political strategies.
82.91% of voters voted for the Republican party in the 2020 Presidential Election
15.78% of voters voted for the Democrat party in the 2020 Presidential Election
0.76% of voters voted for the Livertarian party in the 2020 Presidential Election
0.56% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Johnson County, Kentucky, has experienced significant variability over the past decade, with peaks exceeding 22 students per teacher in 2020. This trend, surpassing the US national average of 14, could raise concerns about individualized attention and resource allocation in local classrooms. Such fluctuations might impact property values and community desirability, which is crucial for real estate investors, appraisers, and agents. Additionally, these educational... Read more
Student-to-teacher ratio in Johnson County, Kentucky over the last 10 years
The student-to-teacher ratio in Johnson County, Kentucky, has seen notable fluctuations over the past decade. While it dipped to a low of approximately 13 students per teacher in 2014 and 2018, it spiked dramatically to over 22 students per teacher in 2020. The ratio generally fluctuated around 15 students per teacher, surpassing the current US national average of 14, which could indicate potential challenges in individualized attention and resource allocation in classrooms. The significant increase in 2020 and subsequent high ratio in 2021 and 2023 might raise concerns for investors, appraisers, and real estate agents regarding the quality of local education, which often influences property values and community desirability. Similarly, insurance agents might find these trends relevant when assessing risks related to community stability and school funding.
