Robertson County Real Estate and Livability Trends
Robust gains in median home values in Robertson County, Kentucky, surging from $94,500 in 2017 to $143,500 in 2022, suggest a volatile but upward-trending real estate market, appealing to savvy investors. Increased median home values, combined with rising taxable incomes, may reflect growing economic prosperity, potentially drawing more residents. On the flip side, declining farm returns from... Read more
Robertson County Market Trends
In Robertson County, Kentucky, the median home values have swung significantly from $94,500 in 2017 to a high of $143,500 in 2022, indicating a more volatile market compared to state and national levels. Average real estate taxes have also fluctuated, starting at $1,081.82 in 2012 and peaking at $1,590.00 in 2015, then slightly declining. The area shows a downward trend in farm returns, dropping... Read more
Median Value of Occupied Housing Units in Robertson County, Kentucky Over the Last 8 Years
Over the past eight years, median home values in Robertson County, Kentucky have experienced significant fluctuations, ranging from a low of $94,500 in 2017 to a high of $143,500 in 2022. While these values show more volatility compared to the steady rise seen at the state and national levels, the recent spike in 2022 suggests a potential for investment opportunities. Robertson County's housing values, generally lower than Kentucky's state average of $177,000 and the national average of $179,400 in 2022, might appeal to those looking for more affordable property options in the region.
Average Real Estate Taxes Per Tax Return in Robertson County, KY Over the Last 6 Years
Robertson County, Kentucky has seen significant fluctuations in average real estate taxes per tax return over the past six years. Starting at $1,081.82 in 2012, there was a steady increase reaching a peak of $1,590.00 in 2015, followed by a slight dip to $1,500.00 in 2016, and further decline to $1,391.67 in 2017. These shifts could suggest changing property values or adjustments in tax rates, essential considerations for potential investors, homebuyers, or those in the property development sector.
Percentage of Farm Returns in Robertson County, KY Over the Last 10 Years
Over the last decade, Robertson County, Kentucky has displayed some variability in farm returns, with a noticeable downward trend from a high of approximately 22.89% in 2013 to a lower 17.93% in 2021. This fluctuation indicates potential shifts in the agricultural sector of the county, which may be important for those considering local farming investments or property development. With peak and trough years such as 2013 and 2020, prospective investors and residents should be aware of the market dynamics affecting agricultural profitability and land use. Tax returns here might reflect broader economic trends impacting farm productivity and income stability in the region.
Number of Mortgages by Occupancy Type in Robertson County, KY Over the Last 5 Years in Robertson County
In Robertson County, Kentucky, there's been a noticeable trend in the number of mortgages for principal residences, which have generally increased over the last five years, peaking at 86 in 2022. Investment properties and second residences have stayed relatively stable with minimal fluctuations. This shift could signal growing confidence in the market, attracting more residents and potentially driving up property values. For investors, a stable investment property market indicates a reliable but non-explosive area for returns. Real estate agents and appraisers can find opportunities in the rising demand for principal residences, while insurance agents might see a need for more home insurance policies. Builders and developers might focus on creating more residential properties, anticipating continued demand.
Economic Outlook
Robertson County, Kentucky has shown an upward trend in average taxable income per tax return, rising from $37,606.02 in 2013 to $46,596.70 in 2021. This may indicate growing economic prosperity that could attract potential investors or residents. Meanwhile, average state and local income taxes have gradually increased from $5,016.67 in 2012 to $6,058.33 by 2017, spiking to $6,370.00 in 2015, suggesting shifting economic dynamics. Average total tax liabilities per tax return have fluctuated but... Read more
Average Taxable Income per Tax Return in Robertson County, KY over the last 9 years
Robertson County, Kentucky has shown a noticeable upward trend in average taxable income per tax return over the past nine years. From $37,606.02 in 2013 to $46,596.70 in 2021, this steady increase may suggest a growing economic prosperity and could attract potential investors or those looking to move to the area. Real estate agents might leverage this data to highlight economic growth, while appraisers and insurance agents could find it useful for assessing the area's financial stability.
Average State and Local Income Taxes Per Tax Return in Robertson County, KY Over the Last 6 Years
Over the past six years, Robertson County, Kentucky has seen a gradual increase in average state and local income taxes per tax return. Starting at approximately $5,016.67 in 2012, these taxes reached $6,058.33 by 2017, with a notable spike to $6,370.00 in 2015. This trend may indicate a shifting economic landscape, potentially driven by policy changes or fluctuating income levels, and could be crucial for prospective investors and residents evaluating the financial implications of moving to or investing in this region.
Average Total Tax Liability Per Tax Return in Robertson County, KY Over the Last 10 Years
Robertson County, Kentucky, has seen fluctuating average total tax liabilities per tax return over the past decade, with amounts generally increasing from $4,030.91 in 2012 to $5,060.00 in 2021. There was notable growth between 2013 and 2014, peaking in 2014 with an average of $4,808.20, followed by slight decreases and subsequent increases. Investors, prospective residents, or those interested in property development may find the upward trend indicative of evolving economic activity and potential in the area.
Cost of Living in Robertson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $903 | $1,259 | $1,612 | $1,113 | $982 |
| 1 adult 4 children | $903 | $1,028 | $1,231 | $1,113 | $1,017 |
| 2 adults 3 children | $903 | $1,028 | $1,399 | $1,113 | $807 |
| 1 adult 3 children | $903 | $839 | $1,019 | $1,113 | $805 |
| 2 adults 2 children | $742 | $842 | $1,187 | $967 | $739 |
| 1 adult 2 children | $742 | $629 | $806 | $967 | $649 |
| 2 adults 1 child | $742 | $665 | $974 | $493 | $699 |
| 1 adult 1 child | $742 | $430 | $593 | $493 | $588 |
| 2 adults | $564 | $534 | $761 | $0 | $597 |
| 1 adult | $538 | $292 | $381 | $0 | $515 |
Demographics
Robertson County, Kentucky's demographic trends reveal an adult population with a slight female majority and a predominantly white racial composition. Educational attainment varies, with a significant proportion holding only a high school diploma or less, though some residents possess higher degrees. Age distribution indicates a balanced spread across different age groups, with notable representation in the 35-44 and 55-64 year brackets. These insights could be useful for targeting community... Read more
Race Distribution in Robertson County, Kentucky (2022)
Educational Attainment in Robertson County, Kentucky (2022)
Age Distribution in Robertson County, Kentucky
Citizen Population in Robertson County, Kentucky (2022)
Political Trends & Data
Robertson County, Kentucky, demonstrated a pronounced tendency towards Republican support during the 2020 U.S. Presidential Election, hinting at a predominantly conservative voter base. Democratic support was considerably lesser, with scant backing for Libertarians and minimal for other parties. This limited political diversity could be pivotal for grassroots efforts by alternative political groups looking to make inroads in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Robertson County, Kentucky, exhibited a strong preference towards the Republican party in the 2020 U.S. Presidential Election, possibly indicating a predominantly conservative voter base. Democratic support appeared significantly lower, with minimal backing for Libertarians and negligible for other parties. This distribution might suggest limited political diversity, highlighting a potential focus for future grassroots efforts by alternatives to the dominant political forces.
77.14% of voters voted for the Republican party in the 2020 Presidential Election
22.08% of voters voted for the Democrat party in the 2020 Presidential Election
0.52% of voters voted for the Livertarian party in the 2020 Presidential Election
0.26% of voters voted for the Other party in the 2020 Presidential Election
School Data
Robertson County, Kentucky has experienced an increase in its student-to-teacher ratio, hitting 21 students per teacher in 2023, compared to the national average of 14. This could influence property values and demand as families might weigh these educational factors when deciding to move to the area. Real estate and insurance professionals should consider these changes when assessing market conditions and property... Read more
Student-to-teacher ratio in Robertson County, Kentucky over the last 10 years
Robertson County, Kentucky has seen fluctuations in its student-to-teacher ratio over the past decade, with recent years showing a notable increase. In 2023, the ratio reached 21 students per teacher, significantly higher than the national average of 14. This trend could impact the quality of education and appeal for families considering a move to the area. Real estate agents and investors may want to consider these educational factors, as they could influence property values and demand. Additionally, appraisers and insurance agents might find these shifts useful when assessing risk and value for properties in the region.
