Leslie County Real Estate and Livability Trends
Leslie County, Kentucky has seen its median home values skyrocket from $45,500 in 2015 to $77,900 in 2022, outperforming national growth rates while potentially offering ripe opportunities for investors due to still relatively low property values. With principal residence mortgages dominating the market, there’s limited interest in vacation or investment properties, suggesting a prime focus on... Read more
Leslie County Market Trends
Over the past eight years, Leslie County, Kentucky has seen a steep increase in median home values, from $45,500 in 2015 to $77,900 in 2022, outpacing the national growth rate. Despite this surge, property values still lag behind the national and state averages, which might signal a valuable entry point for investors. The fluctuating residential energy tax credits and steadying returns of $340.00... Read more
Median Value of Occupied Housing Units in Leslie County, Kentucky Over the Last 8 Years
Over the past eight years, Leslie County, Kentucky has seen a steep rise in median home values, jumping from $45,500 in 2015 to $77,900 in 2022. While this growth rate outpaces the national average, Leslie County’s home values remain significantly lower than both the national average of $179,400 and Kentucky’s state average of $177,000 as of 2022. For those looking to invest, build, or move to Leslie County, this could suggest a potentially lucrative opportunity, given the relatively low entry point and rapid appreciation of property values.
Residential Energy Tax Credit Per Tax Return in Leslie County, KY Over the Last 8 Years
Leslie County, Kentucky has shown varying trends in residential energy tax credits over the past eight years, with notable fluctuations. In 2016, the average credit per tax return spiked to $466.67, suggesting a year of significant investment in energy-efficient home improvements. However, 2017 saw a steep decline to $200.00. The years 2019 to 2021 show a relatively consistent increase, stabilizing around the $340.00 to $350.00 mark, which could imply steadying incentives or growing adoption of energy-saving technologies. This information might be invaluable for investors, real estate agents, and property developers looking to tap into potential incentives or assess the region's energy-efficiency trends.
Average Real Estate Taxes Per Tax Return in Leslie County, KY Over the Last 10 Years
Over the past decade, Leslie County, Kentucky has seen a general upward trend in average real estate taxes per tax return, with figures rising from approximately $1,059.46 in 2012 to around $2,000.00 in 2021. This upward trajectory peaked notably in 2018 with an average tax of $2,360.00. Such fluctuations might suggest varying property values, assessment practices, or changes in tax policy. For investors, real estate professionals, and insurance agents, understanding these shifts could be crucial for accurate forecasting, property valuation, and financial planning.
Percentage of Farm Returns in Leslie County, KY Over the Last 10 Years
Farm tax returns in Leslie County, Kentucky have seen some fluctuation over the last decade. The highest percentage was near 0.92% in 2018, while the lowest was 0.52% in 2012. The trend indicates a general increase with some peaks around 2013 and 2015, hinting at varied farming activity levels. For investors, this might suggest opportunities in agriculture are sporadic but present. Potential property developers could see this as a sign of agricultural viability with possible community engagement in farming. Unsurprisingly, living in Leslie County might appeal to those interested in modestly growing farm activities, reflective of the local economic spirit.
Number of Mortgages by Occupancy Type in Leslie County, KY Over the Last 5 Years in Leslie County
Over the past five years in Leslie County, Kentucky, there's been a disproportionately high number of mortgages for principal residences compared to investment and second residences. Notably, investment property mortgages saw a slight uptick in 2021. These shifts in occupancy type could impact local real estate markets, influencing property values and rental yields. A low number of second residence mortgages may indicate less seasonal or vacation housing demand, potentially making the area less attractive for short-term rental investments. Understanding these dynamics is crucial for investors, developers, and insurance agents who must adjust their strategies to align with ongoing trends in residential and investment property demand.
Economic Outlook
Average taxable income in Leslie County, Kentucky has gradually increased from $38,960.00 in 2013 to $43,141.88 in 2021, hinting at potential economic growth or shifts in employment. State and local income taxes showed a notable rise, from $5,489.74 in 2012 to a peak of $8,975.00 in 2018, stabilizing near $8,700.00 in 2021. Total tax liability per return fluctuated between $4,381.25 and $4,862.03, peaking in 2014 and 2021, suggesting periods of higher earnings or changes in tax policy. These... Read more
Average Taxable Income per Tax Return in Leslie County, KY over the last 9 years
Average taxable income per tax return in Leslie County, Kentucky has seen minor fluctuations over the past nine years, with a notable increase in recent years. For instance, the average taxable income rose from roughly $38,960.00 in 2013 to $43,141.88 in 2021. This gradual upward trend might suggest economic growth or changing employment landscapes, which could be relevant for potential investors, real estate agents, and those considering moving to the area. However, remember that assessing long-term stability requires more comprehensive analysis.
Average State and Local Income Taxes Per Tax Return in Leslie County, KY Over the Last 10 Years
Over the past decade, Leslie County, Kentucky has seen notable fluctuations in average state and local income taxes per tax return. Starting at $5,489.74 in 2012, taxes saw a gradual rise with a significant spike to $8,975.00 in 2018, stabilizing around $8,700.00 in 2021. These changes suggest an evolving economic landscape, making it an essential metric for potential investors, new residents, and property developers to consider when evaluating the area's financial climate.
Average Total Tax Liability Per Tax Return in Leslie County, KY Over the Last 10 Years
Over the past decade, Leslie County, Kentucky has seen fluctuations in average total tax liability per tax return ranging from approximately $4,381.25 to $4,862.03. This trend provides potential investors and residents with a snapshot of economic stability and tax-related financial obligations in the area. Notably, the highest tax liability was observed in 2014 and 2021, possibly reflecting periods of higher earnings or changes in tax policy. While there was a slight dip around 2017-2018, the overall trend seems relatively stable, offering a sense of predictability for those considering financial commitments in the county.
Cost of Living in Leslie County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $995 | $1,315 | $1,722 | $1,113 | $1,093 |
| 1 adult 4 children | $995 | $1,074 | $1,317 | $1,113 | $1,135 |
| 2 adults 3 children | $995 | $1,074 | $1,495 | $1,113 | $886 |
| 1 adult 3 children | $995 | $877 | $1,089 | $1,113 | $900 |
| 2 adults 2 children | $742 | $879 | $1,267 | $967 | $776 |
| 1 adult 2 children | $742 | $657 | $861 | $967 | $681 |
| 2 adults 1 child | $742 | $695 | $1,039 | $493 | $726 |
| 1 adult 1 child | $742 | $449 | $633 | $493 | $602 |
| 2 adults | $657 | $558 | $811 | $0 | $646 |
| 1 adult | $538 | $305 | $406 | $0 | $517 |
Safety trends & Data
Over the past four years in Leslie County, Kentucky, property crime data shows minor fluctuations across various categories. A noticeable pattern is the steady low occurrence of burglary incidents, decreasing from 3 in 2019 to 1 per year from 2020 to 2022. Motor vehicle theft incidents began at 2 in 2019, fell to none in 2020, and then maintained a level of 2 in 2021 and 1 in 2022. Other crimes like larceny and forgery have remained relatively low, ranging from 1 to 2 incidents yearly. This... Read more
Property Crime Trends in Leslie County, KY Over the Last 4 Years
Over the past four years in Leslie County, Kentucky, property crime data shows minor fluctuations across various categories. A noticeable pattern is the steady low occurrence of burglary incidents, with 3 in 2019 and subsequently dropping to 1 per year from 2020 to 2022. Motor vehicle thefts started at 2 incidents in 2019, reduced to none in 2020, and then maintained a consistent level of 2 in 2021 and 1 in 2022. Other crimes such as larceny and forgery have remained relatively infrequent, ranging from 1 to 2 incidents yearly. This data could suggest moderately low and stable property crime rates, which may be a reassuring factor for potential investors, residents, and real estate stakeholders considering the area.
Demographics
In Leslie County, Kentucky, almost equal numbers of men and women compose the adult population, with females slightly outnumbering males. Educational attainment reveals a significant portion of residents maintaining just a high school diploma or some college experience, while fewer people hold associate’s, bachelor’s, or advanced degrees. The age distribution indicates a relatively balanced mix across various age groups, with noticeable concentrations in the 35-44 and 55-64 years ranges.... Read more
Race Distribution in Leslie County, Kentucky (2022)
Educational Attainment in Leslie County, Kentucky (2022)
Age Distribution in Leslie County, Kentucky
Citizen Population in Leslie County, Kentucky (2022)
Political Trends & Data
Leslie County, Kentucky, displayed a strong Republican preference in the 2020 U.S. Presidential Election, with nearly 90% of votes going to the GOP. Democratic support was significantly lower, highlighting a predominantly conservative electorate. Votes for Libertarian and other minor parties were sparse, suggesting limited political diversity or a strong partisan allegiance in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Leslie County in Kentucky indicated a pronounced preference for the Republican party during the 2020 U.S. Presidential Election, with nearly 90% of votes leaning that direction. Democratic support was considerably lower, suggesting a dominant conservative voter base in this region. Minimal votes were cast for Libertarian and other minor parties, which could imply limited political diversity or strong partisan loyalty.
89.82% of voters voted for the Republican party in the 2020 Presidential Election
9.27% of voters voted for the Democrat party in the 2020 Presidential Election
0.48% 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
Leslie County, Kentucky has seen its student-to-teacher ratio fluctuate from a low of 13 students per teacher in 2017 to a peak of almost 18 in 2019, showing variability that can affect educational quality and classroom dynamics. Generally hovering around the national average of 14 students per teacher, these shifts might influence decisions for potential homebuyers, investors, and educators. Factors like educational resources and class sizes can play a significant role in property valuations... Read more
Student-to-teacher ratio in Leslie County, Kentucky over the last 10 years
Leslie County, Kentucky has experienced notable fluctuations in its student-to-teacher ratio over the past decade. While the ratio hit a low of 13 students per teacher in 2017, it peaked at almost 18 in 2019, demonstrating variability that may impact educational quality and classroom dynamics. Despite these changes, the county's ratio generally hovers around the national average of 14 students per teacher, occasionally surpassing it. Such variations might influence decisions for potential homebuyers, investors, and educators, as well as property valuations and insurance policies, given that educational resources and class sizes can be critical factors for many stakeholders.
