Clark County Real Estate and Livability Trends
Clark County, Ohio has observed a significant increase in average taxable income per tax return, climbing from $44,825.40 in 2013 to $57,754.25 in 2021, suggesting economic growth and potentially rising property values. Median home values have also risen from $103,600 in 2015 to $144,900 in 2022, though they lag behind state and national averages. Additionally, the uptick in residential energy... Read more
Clark County Market Trends
Clark County, Ohio's median home values have seen a steady rise from $103,600 in 2015 to $144,900 in 2022, lagging behind the state of Ohio and national averages. Average residential energy tax credits jumped from $408.05 in 2013 to $2,622.22 in 2018, suggesting increased energy-efficient home investments. Real estate taxes per tax return moved from $2,559.38 in 2012 to $4,356.79 in 2021,... Read more
Median Value of Occupied Housing Units in Clark County, Ohio Over the Last 8 Years
Clark County, Ohio's median home values have seen a steady rise from $103,600 in 2015 to $144,900 in 2022. This is slower when compared to the overall state of Ohio, where values jumped from $129,900 to $183,300 over the same period. Nationally, the median home values climbed from $125,500 to $179,400. Prospective homeowners and investors might find the more modest growth in Clark County appealing, potentially offering greater value compared to the faster-rising state and national markets.
Residential Energy Tax Credit Per Tax Return in Clark County, OH Over the Last 9 Years
Over the past nine years, Clark County, Ohio has seen significant fluctuations in the average residential energy tax credit per tax return. The average credit rose sharply from $408.05 in 2013 to $2,622.22 in 2018, potentially indicating increased investments in energy-efficient home improvements during that period. While the amounts varied, the general upward trend suggests a growing awareness and adoption of energy-saving measures among residents. This could interest real estate agents, investors, and homeowners aiming for energy-efficient properties that could result in long-term cost savings.
Average Real Estate Taxes Per Tax Return in Clark County, OH Over the Last 10 Years
In Clark County, Ohio, average real estate taxes per tax return have shown a notable upward trend over the last decade. Starting at approximately $2,559.38 in 2012, taxes gradually increased, peaking at around $4,611.63 in 2020 before slightly dipping to $4,356.79 in 2021. This steady rise might pique the interest of potential investors, real estate agents, and those considering moving to the area, as it could indicate growing property values or changes in local tax policies. Property developers and insurance agents may also find these trends relevant when assessing future market conditions and risk assessments.
Percentage of Farm Returns in Clark County, OH Over the Last 10 Years
Farm tax returns in Clark County, Ohio, show a moderate decline from 1.21% in 2012 to about 1.02% in 2021. This trend may suggest that fewer agricultural operations are being reported for tax purposes or that larger agricultural entities are consolidating smaller farms. Potential investors or those looking to move to the area should consider the stability and evolution of the agricultural sector, as it hints at changing land use and economic activity within the county. For prospective property developers, understanding this can provide insights into future land availability and zoning changes.
Number of Mortgages by Occupancy Type in Clark County, OH Over the Last 5 Years in Clark County
In Clark County, Ohio, over the last five years, the predominant type of mortgage has consistently been for Principal Residences, peaking in 2021 with 8,142 loans. Investment Property mortgages showed a slight upward trend, reaching 392 in 2021 before dropping to 345 in 2022. Mortgages for Second Residences remained minimal throughout the period. Changes in occupancy types can impact market dynamics; a rise in Investment Property loans may indicate growing investor interest and potential rental market expansions, whereas the dominance of Principal Residence mortgages suggests a stable homeowner base. These trends should be key considerations for investors, appraisers, insurance agents, and real estate professionals analyzing market stability and growth potential.
Economic Outlook
Clark County, Ohio has seen a steady increase in average taxable income per tax return, climbing from $44,825.40 in 2013 to $57,754.25 by 2021. This trend hints at economic growth and rising property values, which can be appealing for investors and individuals looking to relocate. Average state and local income taxes per tax return have also nearly doubled over the past decade, from $4,949.34 in 2012 to $8,905.99 in 2021, possibly reflecting rising incomes or tax policy changes. Additionally,... Read more
Average Taxable Income per Tax Return in Clark County, OH over the last 9 years
Over the past nine years, Clark County, Ohio has experienced a steady increase in average taxable income per tax return. Starting from $44,825.40 in 2013, this figure has grown to approximately $57,754.25 by 2021, suggesting potential economic growth in the area. This trend might indicate increasing affluence and a possible rise in property values, which could be appealing for investors, real estate agents, and individuals looking to relocate. It's also notable for appraisers and insurance agents as it may impact property appraisals and insurance premiums in the region.
Average State and Local Income Taxes Per Tax Return in Clark County, OH Over the Last 10 Years
Over the past decade, Clark County, Ohio has seen a steady increase in average state and local income taxes per tax return, nearly doubling from $4,949.34 in 2012 to $8,905.99 in 2021. This upward trend could indicate rising incomes or adjustments in tax policy, presenting both opportunities and challenges for potential investors, new residents, and real estate professionals. For those considering property investments or relocating, it's important to factor in these tax dynamics, as they may impact overall financial planning and housing affordability.
Average Total Tax Liability Per Tax Return in Clark County, OH Over the Last 10 Years
Over the last decade in Clark County, Ohio, the average total tax liability per tax return has shown a general upward trend, peaking significantly to $7,758.59 in 2021. This increase might reflect the rising income levels or adjustments in tax policies. The slight dips observed in 2018 and 2019 could potentially be attributed to specific economic changes during those years. For stakeholders such as real estate agents, appraisers, and investors, these trends suggest that the economic climate in Clark County is gradually improving, which might influence property values and demand.
Cost of Living in Clark County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,108 | $1,327 | $1,723 | $1,413 | $985 |
1 adult 4 children | $1,108 | $1,084 | $1,325 | $1,413 | $1,074 |
2 adults 3 children | $1,108 | $1,084 | $1,491 | $1,413 | $794 |
1 adult 3 children | $1,108 | $885 | $1,093 | $1,413 | $860 |
2 adults 2 children | $909 | $887 | $1,260 | $1,256 | $729 |
1 adult 2 children | $909 | $663 | $861 | $1,256 | $684 |
2 adults 1 child | $909 | $701 | $1,028 | $743 | $687 |
1 adult 1 child | $909 | $453 | $630 | $743 | $574 |
2 adults | $691 | $563 | $797 | $0 | $517 |
1 adult | $609 | $307 | $398 | $0 | $434 |
Safety trends & Data
Clark County, Ohio has experienced interesting shifts in property crime over the last five years. Larceny-theft incidents dropped dramatically from 381 in 2018 to 98 in 2022, while burglary also reduced after a 2019 peak. Motor vehicle theft, however, increased from 10 to 30 during the same period. The consistent decline in larceny and burglary might suggest a safer environment, which real estate investors and agents could find promising, although insurers may need to recalibrate based on these... Read more
Property Crime Trends in Clark County, OH Over the Last 5 Years
Clark County, Ohio has seen significant fluctuations in property crimes over the past five years. Larceny-theft incidents have shown a noticeable decline, dropping from 381 in 2018 to 98 in 2022. Burglary has also decreased, though it peaked slightly in 2019 with 96 cases before falling to 67 by 2022. Interestingly, motor vehicle theft has seen a gradual increase, rising from 10 in 2018 to 30 in 2022. Cases of Stolen Property: Buying, Receiving, Possessing have been on a downward trend since peaking at 79 in 2019. For investors and real estate agents, these trends may suggest a safer environment over recent years, while insurers might adjust premiums based on the varied trends across different crime categories.
Demographics
Clark County, Ohio's demographic landscape reveals a slightly higher population of females than males, possibly impacting social service demands. The educational attainment data suggests that a significant portion of the adult population holds a high school diploma or some college experience, possibly creating a workforce with practical skills but limited advanced degrees. When looking at age distribution, there's a broad spread across all age groups, hinting at stable community dynamics. The... Read more
Race Distribution in Clark County, Ohio (2022)
Educational Attainment in Clark County, Ohio (2022)
Age Distribution in Clark County, Ohio
Citizen Population in Clark County, Ohio (2022)
Political Trends & Data
Clark County, Ohio, likely exhibits a conservative leaning, with approximately 61% of 2020 U.S. Presidential Election votes potentially going to Republican candidates. Democrats might have secured about 37%, while minor parties such as the Libertarians barely breached 2%. This trend could signal a strong preference for conservative policies in the area, potentially impacting local real estate market dynamics, including buyer or investor priorities and community development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Clark County, Ohio, seemingly leaned Republican in the 2020 U.S. Presidential Election, with Republican votes possibly constituting around 61% of the total. Democrats appeared to garner roughly 37% of the vote. Smaller parties like the Libertarians and others barely made a dent, each potentially accruing less than 2%. This could suggest a fairly firm conservative preference in the area, though it might also reflect broader state and national trends where dominant parties overshadow minor ones.
60.79% of voters voted for the Republican party in the 2020 Presidential Election
37.49% of voters voted for the Democrat party in the 2020 Presidential Election
1.29% of voters voted for the Livertarian party in the 2020 Presidential Election
0.43% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Clark County, Ohio has hit 21 students per teacher, notably above the national average of 14. This could suggest less individualized attention for students, impacting family decisions on relocating. For investors and real estate professionals, this trend may signify pressures on the local education system that might affect property values. Insurance agents might even factor these educational dynamics into risk assessments and policy... Read more
Student-to-teacher ratio in Clark County, Ohio over the last 9 years
The student-to-teacher ratio in Clark County, Ohio has shown some notable fluctuations over the past nine years. The ratio peaked at 21 students per teacher in recent years, which is significantly higher than the current national average of 14 students per teacher. This could influence decisions for those considering moving to the area, as higher ratios might indicate less individualized attention for students. For investors, this trend might reflect potential pressures on the local education system that could affect property values. Real estate agents and appraisers might use this data to advise clients on the implications for families, while insurance agents could take these educational metrics into account when assessing risk and policy decisions.