Clermont County Real Estate and Livability Trends
Clermont County, Ohio has seen a robust rise in average taxable income, soaring from $58,436.66 in 2013 to $81,240.96 in 2021, which might indicate a thriving local economy. This economic uptick comes alongside almost doubling state and local income taxes per return, hinting at increased living costs and property investment returns. Median home values have jumped from $155,500 in 2015 to $224,800... Read more
Clermont County Market Trends
Clermont County, Ohio has seen its median home values surge from $155,500 in 2015 to $224,800 in 2022, outpacing both Ohio and national growth. Residential energy tax credits peaked in 2018 at an average of $3,931.25 but have since stabilized around $1,000, suggesting a fluctuating interest in energy-efficient improvements. Real estate taxes have climbed substantially, reaching $5,917.76 in 2021,... Read more
Median Value of Occupied Housing Units in Clermont County, Ohio Over the Last 8 Years
Clermont County, Ohio, has seen a robust growth in median home values over the past eight years, increasing from $155,500 in 2015 to $224,800 in 2022. This uptick outpaces both Ohio's growth, which went from $129,900 to $183,300 in the same period, and the national trend where values rose from $125,500 to $179,400. The substantial increase in home values in Clermont County may attract potential investors, new residents considering relocation, and developers looking to build, given its stronger relative appreciation.
Residential Energy Tax Credit Per Tax Return in Clermont County, OH Over the Last 9 Years
Over the past nine years, Clermont County, Ohio has seen substantial fluctuations in residential energy tax credits claimed per tax return. Notably, 2018 marked a significant spike with an average of $3931.25, a considerable jump from previous years which generally hovered below $500. Recent figures from 2019 to 2021 indicate a more stabilized yet elevated range, averaging around $1000. This volatility might signal varying adoption rates of energy-efficient improvements and could be a point of interest for potential investors, appraisers, and insurance agents, as it implies a changing landscape in local homeowner investments towards energy efficiency.
Average Real Estate Taxes Per Tax Return in Clermont County, OH Over the Last 10 Years
Over the past decade, real estate taxes in Clermont County, Ohio, have shown a noticeable upward trend, rising from $3,462.81 in 2012 to $5,917.76 in 2021. This significant increase may be of concern to prospective property investors and homeowners who need to factor in higher tax obligations. For insurance agents and appraisers, these rising taxes suggest a possible increase in property values, which might influence premium rates and valuations. Real estate agents will want to highlight these rising taxes when advising clients on long-term costs associated with property ownership in the area. Builders and developers might need to consider the potential impact of these higher taxes on the affordability and desirability of new developments.
Percentage of Farm Returns in Clermont County, OH Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Clermont County, Ohio, has exhibited a slight but noticeable decline. Starting at approximately 0.90% in 2012, the percentage has dipped to around 0.71% by 2021. Farm tax returns reflect the portion of tax filings specifically from agriculture-related income, highlighting the region's reliance and focus on farming activities. For investors, developers, or new residents, this trend could suggest a shift in economic activities or land use patterns within the area, potentially informing decisions on property investments or community planning.
Number of Mortgages by Occupancy Type in Clermont County, OH Over the Last 5 Years in Clermont County
The mortgage trends in Clermont County, Ohio over the past five years suggest fluctuating but generally high demand for principal residences, with substantial year-over-year variability. While there is a noticeable decline in the number of mortgages for principal residences from the peak in 2021 to 2022, investment properties and second residences maintain relatively minor figures in comparison. For investors and builders, shifts toward fewer principal residences might indicate market adjustments or economic pressures. For appraisers and insurance agents, these fluctuations in occupancy types can influence property valuations and risk assessments. Real estate agents and prospective residents will find these trends useful for gauging market saturation and planning future endeavors.
Economic Outlook
Clermont County, Ohio has seen a notable rise in average taxable income, jumping from $58,436.66 in 2013 to $81,240.96 in 2021, perhaps pointing to an increasingly vibrant local economy. Concurrently, state and local income taxes per tax return have almost doubled, indicating potential implications for overall living costs and property investment returns. Also, tax liabilities per return have grown, suggesting either better economic conditions or shifting tax policies. While the poverty rate... Read more
Average Taxable Income per Tax Return in Clermont County, OH over the last 9 years
Over the past nine years, Clermont County, Ohio, has likely seen a notable upward trend in average taxable income per tax return, starting from approximately $58,436.66 in 2013 to about $81,240.96 in 2021. This consistent growth in income could be appealing for potential investors, real estate agents, and those looking to move, as it might suggest an increasing economic vitality in the area. For insurance agents and property appraisers, these figures might indicate a rise in property values and client income levels, potentially impacting coverage needs and property appraisals respectively. For residents, this trend could reflect an overall improvement in living standards.
Average State and Local Income Taxes Per Tax Return in Clermont County, OH Over the Last 10 Years
Over the past decade, Clermont County, Ohio has seen a significant upward trend in average state and local income taxes per tax return. Starting at around $5,641.08 in 2012, the value rose steadily, reaching a peak of $12,468.18 in 2021. Notable jumps occurred post-2017, especially between 2017 and 2018 where there was an increase of about $2,636. This marked rise may reflect changes in local tax policies or an increase in average incomes. For those considering investment or relocation, this might suggest a stronger economic base but also points to higher tax burdens, affecting overall cost of living and potential returns on property investments.
Average Total Tax Liability Per Tax Return in Clermont County, OH Over the Last 10 Years
Over the last decade, average total tax liability per tax return in Clermont County, Ohio has shown a general upward trend, increasing from $9,071.49 in 2012 to $13,134.13 in 2021. Noteworthy spikes occurred post-2017, likely reflecting both economic conditions and possible changes in tax policy. For potential investors and property developers, this gradual increase in tax liability could indicate a rising economic base but also predict higher future tax rates. Real estate agents and current residents might find this trend useful for long-term financial planning and understanding local economic health.
Cost of Living in Clermont County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,454 | $1,395 | $1,912 | $1,778 | $1,419 |
1 adult 4 children | $1,454 | $1,140 | $1,471 | $1,778 | $1,543 |
2 adults 3 children | $1,454 | $1,140 | $1,655 | $1,778 | $1,175 |
1 adult 3 children | $1,454 | $931 | $1,213 | $1,778 | $1,306 |
2 adults 2 children | $1,085 | $933 | $1,397 | $1,589 | $941 |
1 adult 2 children | $1,085 | $697 | $956 | $1,589 | $965 |
2 adults 1 child | $1,085 | $738 | $1,140 | $974 | $867 |
1 adult 1 child | $1,085 | $476 | $699 | $974 | $756 |
2 adults | $833 | $593 | $883 | $0 | $627 |
1 adult | $726 | $323 | $441 | $0 | $502 |
Safety trends & Data
Clermont County, Ohio, has seen fluctuating trends in property crimes over the last five years. Larceny-theft, the most common offense, peaked at 824 incidents in 2019, halved by 2020, and then slightly increased. Burglary significantly dropped from 58 cases in 2020 to 23 in 2021, before rebounding somewhat in 2022. Fraud and vandalism cases are relatively steady with a slight decline. These trends might suggest evolving crime dynamics and potentially inform decisions on property value,... Read more
Property Crime Trends in Clermont County, OH Over the Last 5 Years
Clermont County, Ohio has seen fluctuating trends in property crimes over the last five years. Notably, larceny-theft has consistently been the most common offense, peaking at 824 incidents in 2019 and then halving by 2020 before slightly increasing again. Burglary showed a significant decrease from 58 cases in 2020 to 23 in 2021, rebounding somewhat in 2022. Fraud cases and vandalism have remained relatively steady but seem to demonstrate a slight decline, which might suggest stronger preventative measures or changes in reporting. If you're considering investing, moving, or building property in Clermont County, these trends can offer insights into the localized crime risks and potentially inform your decisions on property value, insurance, and security measures.
Demographics
Clermont County, Ohio shows a slight female majority in its adult population, with females comprising a bit more than 50%. The educational landscape reveals that just over half of the population holds a high school diploma or some college education, suggesting a potential workforce better suited for trades and technical roles than for advanced professional fields. The age distribution skews toward middle-aged adults, with the largest demographic cluster between 35 to 64 years, indicating a... Read more
Race Distribution in Clermont County, Ohio (2022)
Educational Attainment in Clermont County, Ohio (2022)
Age Distribution in Clermont County, Ohio
Citizen Population in Clermont County, Ohio (2022)
Political Trends & Data
Clermont County, Ohio demonstrated a strong Republican preference in the 2020 U.S. Presidential Election, with an estimated 67.50% of the vote favoring the GOP. Democrats received around 30.90%, while Libertarians and other minor parties combined for about 1.40%. This significant partisan alignment could influence local political strategies and candidate choices, reflecting a potentially conservative voter... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Clermont County, Ohio, the 2020 U.S. Presidential Election saw a significant lean towards the Republican party, with an estimated 67.5% of the vote. Democrats garnered around 30.9%, while Libertarians made up approximately 1.4%. Other minor parties and independents combined for less than 1% of the vote, reflecting a potential strong partisan alignment. This distribution suggests Clermont County might be highly conservative, impacting local and state political strategies and candidate nominations.
67.50% of voters voted for the Republican party in the 2020 Presidential Election
30.86% of voters voted for the Democrat party in the 2020 Presidential Election
1.37% of voters voted for the Livertarian party in the 2020 Presidential Election
0.28% of voters voted for the Other party in the 2020 Presidential Election
School Data
Clermont County, Ohio has seen the student-to-teacher ratio spike from around 19 in 2014 to nearly 29 in 2023, vastly exceeding the national average of 14. This could deter families seeking quality, personalized education, potentially impacting housing demand and community development. Real estate agents, appraisers, and insurance agents should note these changes for long-term... Read more
Student-to-teacher ratio in Clermont County, Ohio over the last 9 years
Clermont County, Ohio has experienced a notable increase in the student-to-teacher ratio over the past nine years. From a high of about 19 students per teacher in 2014, the ratio has surged dramatically to nearly 29 by 2023. This is well above the national average of 14 students per teacher and suggests potential challenges in educational quality and classroom management. These trends could impact investment decisions, as a higher student-to-teacher ratio might deter families looking for a more personalized educational experience. Additionally, real estate agents, appraisers, and insurance agents might consider these changes as they influence housing demand and community development. With such a significant shift, stakeholders should be aware of the implications for long-term planning in the area.