Livingston County Real Estate and Livability Trends
Livingston County, Kentucky has shown potential economic growth with an upward trend in average taxable income, peaking at $53,226.97 in 2021, which might attract investors. Median home values have risen to $108,100 in 2022, presenting budget-friendly options despite staying below state and national medians. The rise in residential energy tax credits and doubling real estate taxes suggest... Read more
Livingston County Market Trends
Livingston County, Kentucky, has observed diverse shifts in its real estate market, particularly with median home values rising from $86,900 in 2015 to $108,100 in 2022, despite staying below state and national medians. This offers a budget-friendly option for savvy homebuyers. The increase in residential energy tax credits from $222.22 in 2013 to $433.33 in 2020 underscores a growing emphasis on... Read more
Median Value of Occupied Housing Units in Livingston County, Kentucky Over the Last 8 Years
Livingston County, Kentucky, has seen a varied trend in median home values over the past eight years. Values rose from $86,900 in 2015 to $108,100 in 2022, with noticeable fluctuations. Interestingly, housing values in the county often fell below both state and national medians, providing a potentially attractive option for budget-conscious homebuyers. In 2022, Livingston County's median home value was $108,100, significantly lower than Kentucky's $177,000 and the national $179,400. This discrepancy could suggest opportunities for investment or first-time buyers looking for more affordable housing within the state.
Residential Energy Tax Credit Per Tax Return in Livingston County, KY Over the Last 6 Years
Livingston County, Kentucky, has shown a notable upward trend in the residential energy tax credit per tax return, increasing from around $222.22 in 2013 to approximately $433.33 in 2020. This growth suggests rising investments in energy-efficient improvements and possibly increasing property values. Anyone looking to invest in or develop property here might see the benefits of energy efficiency reflected in both environmental impact and financial returns, while insurance agents might want to consider how these enhancements could affect risk profiles and coverage costs. For real estate agents, it's a compelling point of discussion for potential buyers interested in long-term savings and sustainability.
Average Real Estate Taxes Per Tax Return in Livingston County, KY Over the Last 10 Years
Livingston County, Kentucky has seen a notable upward trend in average real estate taxes per tax return over the past decade. Starting at approximately $1,221.79 in 2012, these taxes have gradually increased, reaching around $2,866.67 in 2021. This escalation could indicate rising property values or changes in tax rates, both of which could impact real estate investment decisions. Such data might influence how appraisers assess property values and how insurance agents evaluate risk and coverage needs. This trend also suggests a potentially higher cost of property ownership over time for residents and prospective buyers.
Percentage of Farm Returns in Livingston County, KY Over the Last 10 Years
In Livingston County, Kentucky, the percentage of farm tax returns has exhibited mild fluctuations over the past decade. Starting at approximately 7.54% in 2012, the percentage slightly decreased to around 7.07% in 2021. Farm tax returns provide a snapshot of the county's agricultural economic activity, reflecting profitability and sustainability trends within the local farming community. For potential investors or residents, these trends might suggest a relatively stable agricultural sector with slight variances year-over-year.
Number of Mortgages by Occupancy Type in Livingston County, KY Over the Last 5 Years in Livingston County
Over the past five years in Livingston County, Kentucky, there's been a noticeable increase in the number of mortgages for principal residences, rising from 253 in 2018 to 354 in 2021. Investment properties and second residences have seen more stability, with investment properties hovering around a dozen each year and second residences fluctuating slightly but peaking at 15 in 2020. These trends may indicate a stronger demand for permanent homes, which could affect everything from property values to insurance rates. Investors and appraisers might find these shifts significant for long-term planning, while real estate agents could cater their services to meet the rising need for principal residences. Overall, understanding these dynamics can help stakeholders adapt to the evolving market demands.
Economic Outlook
Livingston County, Kentucky has generally experienced an upward trend in average taxable income per tax return, peaking at $53,226.97 in 2021, indicating potential economic resilience or growth. This trend, especially noticeable after a dip in 2020, might interest investors and builders looking for signs of regional economic health. Additionally, a steady rise in average state and local income taxes, peaking at $6,745.45 in 2018, hints at a growing local economy but also potential increases in... Read more
Average Taxable Income per Tax Return in Livingston County, KY over the last 9 years
Over the past nine years, Livingston County, Kentucky has generally seen an upward trend in average taxable income per tax return. Notably, there was a peak in 2021 at $53,226.97, which may suggest some economic resilience or growth opportunities in the area. This increase, particularly after a dip in 2020 to $47,212.28, could interest investors, real estate agents, and builders looking at regional economic health. The steady rise before 2020 points to a possibly strong economic base, though the variability post-2019 calls for careful analysis.
Average State and Local Income Taxes Per Tax Return in Livingston County, KY Over the Last 10 Years
Livingston County, Kentucky has seen a steady increase in average state and local income taxes per tax return over the past decade, peaking at $6,745.45 in 2018. This suggests a growing local economy, but also potentially higher living costs and tax burdens for residents. For potential investors or those planning to move, this trend indicates a need to consider the long-term tax planning implications and the benefits that come with these tax contributions, such as improved local infrastructure and services.
Average Total Tax Liability Per Tax Return in Livingston County, KY Over the Last 10 Years
Livingston County, Kentucky has shown a gradual increase in the average total tax liability per tax return over the last decade. Starting at about $5,559.53 in 2012, it rose to $7,014.43 by 2021. This upward trend, with slight dips in 2018 and 2019, suggests that residents might be experiencing higher incomes or changes in tax policies. For potential investors and new residents, these figures could reflect the economic growth and stability in the area. Those planning to build property or invest locally might view this as a positive signal of a potentially stronger local market and community prosperity.
Cost of Living in Livingston County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $910 | $1,283 | $1,746 | $1,012 | $1,033 |
| 1 adult 4 children | $910 | $1,048 | $1,335 | $1,012 | $1,097 |
| 2 adults 3 children | $910 | $1,048 | $1,515 | $1,012 | $862 |
| 1 adult 3 children | $910 | $856 | $1,104 | $1,012 | $842 |
| 2 adults 2 children | $742 | $858 | $1,284 | $878 | $768 |
| 1 adult 2 children | $742 | $641 | $873 | $878 | $674 |
| 2 adults 1 child | $742 | $678 | $1,053 | $442 | $731 |
| 1 adult 1 child | $742 | $438 | $642 | $442 | $610 |
| 2 adults | $577 | $545 | $822 | $0 | $637 |
| 1 adult | $538 | $297 | $411 | $0 | $537 |
Safety trends & Data
Livingston County, Kentucky has experienced variable property crime rates over the past five years, with burglary incidents rising to 9.00 in 2022 from 1.00 in 2020 and larceny-theft incidents increasing to 8.00 in 2022 from 2.00 in 2020. Motor vehicle theft numbers have remained stable, while embezzlement and vandalism incidents occur occasionally. This crime rate volatility might impact property investments and insurance considerations in the... Read more
Property Crime Trends in Livingston County, KY Over the Last 5 Years
Livingston County, Kentucky has seen fluctuating property crime rates over the past five years. Burglary incidents spiked to 9.0 in 2022 compared to just 1.0 in 2020. Larceny-theft incidents also saw an increase, reaching 8.0 in 2022 after seeing a low of 2.0 in 2020. The data reveals varying trends across different crime categories, including consistent motor vehicle theft numbers and occasional incidents of embezzlement and vandalism. This volatility could influence property investments and insurance considerations in the region.
Demographics
Livingston County, Kentucky presents a nearly balanced gender distribution among adults with a slight majority of females. The educational attainment is heavily skewed towards high school graduates and those with some college but no degree, suggesting limited advanced educational opportunities or pursuits in the area. The age demographic shows a significant portion of the population is in the 55 to 64 years range, hinting at an aging population. Racially, Livingston County is predominantly... Read more
Race Distribution in Livingston County, Kentucky (2022)
Educational Attainment in Livingston County, Kentucky (2022)
Age Distribution in Livingston County, Kentucky
Citizen Population in Livingston County, Kentucky (2022)
Political Trends & Data
Livingston County, Kentucky, saw a significant Republican lean in the 2020 U.S. Presidential Election, with about 80% of the vote going to the GOP. This strong political preference may influence local real estate trends, potentially indicating stable markets aligned with conservative values and policies. Buyers and investors might find this useful when considering socioeconomic factors and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Livingston County, Kentucky, the 2020 U.S. Presidential Election results demonstrate a dominant Republican preference with approximately 80% of the vote. The Democratic Party garnered nearly 19%, while third-party candidates like the Libertarians and others received minimal support, collectively under 1%. This suggests a strong Republican lean in this county, which might reflect regional political alignments and voter priorities unique to this part of Kentucky.
80.15% of voters voted for the Republican party in the 2020 Presidential Election
18.77% of voters voted for the Democrat party in the 2020 Presidential Election
0.88% of voters voted for the Livertarian party in the 2020 Presidential Election
0.20% of voters voted for the Other party in the 2020 Presidential Election
School Data
Livingston County, Kentucky's student-to-teacher ratio has fluctuated around 15-16 students per teacher over the past decade, consistently above the national average of 14. These variations could signal changes in community priorities and possibly influence property values and demand. For potential residents, the recent trend towards tighter ratios suggests a focus on improved educational attention per student, which might be an enticing... Read more
Student-to-teacher ratio in Livingston County, Kentucky over the last 10 years
Livingston County, Kentucky has experienced fluctuations in its student-to-teacher ratio over the past decade, peaking at nearly 16 in 2019 before dipping slightly closer to 15 in recent years. This trend tends to hover above the national average of 14 students per teacher. For investors, appraisers, and real estate agents, these shifts in occupancy type could be indicative of changing community priorities, potentially suggesting periods of increased or decreased educational investment or population migration, which could impact property values and demand. For those moving to or living in the area, the tighter ratios in more recent years might point to improved educational attention per student, which could be a deciding factor in choosing this location.
