Defiance County Real Estate and Livability Trends
Defiance County, Ohio, has seen a noticeable rise in average taxable income per tax return, hitting $62,675.60 in 2021, accompanied by an increase in state and local income taxes. This financial uptick suggests economic growth that might translate into higher property values and a stable real estate market. The median home value surged to $147,600 in 2022, indicating robust growth while remaining... Read more
Defiance County Market Trends
Defiance County, Ohio's median home value surged from $108,900 in 2015 to $147,600 in 2022, reflecting robust growth while remaining more affordable than Ohio's overall median of $183,300 and the national median of $179,400. A sharp increase in residential energy tax credits per tax return in 2018 suggests a significant push towards energy efficiency, stabilizing at higher levels around $929.63... Read more
Median Value of Occupied Housing Units in Defiance County, Ohio Over the Last 8 Years
The median home value in Defiance County, Ohio has seen steady growth over the past eight years, rising from $108,900 in 2015 to $147,600 in 2022. Comparatively, home values in Ohio and nationwide have followed a similar trajectory but at higher overall price points, with Ohio's median home value reaching $183,300 and the national median hitting $179,400 in 2022. This trend may suggest that while Defiance County remains more affordable, it’s experiencing significant appreciation, potentially making it an attractive market for investors looking for growth without the higher entry costs found in larger markets.
Residential Energy Tax Credit Per Tax Return in Defiance County, OH Over the Last 9 Years
Defiance County, Ohio saw a notable increase in residential energy tax credits per tax return from $364.81 in 2013 to a sharp jump in 2018 with an unprecedented average of $3550.00. This spike likely signifies a surge in either energy-efficient improvements or favorable tax incentives during that year. Post-2018, the average credits somewhat stabilized yet remained on the higher spectrum compared to earlier years, hovering around $929.63 by 2021. This pattern indicates an enhanced focus on energy efficiency within the county, which could be valuable information for those considering investments or developments in green technologies in this area.
Average Real Estate Taxes Per Tax Return in Defiance County, OH Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Defiance County, Ohio, have been on a noticeable upward trend, escalating from approximately $2,121.27 in 2012 to around $3,900.00 in 2021. Such consistent increases could imply rising property valuations or higher tax rates, both of which are critical considerations for potential investors, developers, and real estate professionals. The significant jump between 2017 and 2018, where taxes leaped from $2,528.14 to $3,120.75, might reflect a surge in the local market or a revaluation event. This could impact decisions on property investments, mortgage calculations, and overall financial planning for residents and stakeholders in the area.
Percentage of Farm Returns in Defiance County, OH Over the Last 10 Years
The percentage of farm tax returns in Defiance County, Ohio has seen a gradual decline over the past decade, dipping from 4.12% in 2012 to around 3.46% in 2021. Farm tax returns reflect the portion of local taxpayers whose income is significantly derived from agricultural activities. This trend could hint at a shift in the county's economic landscape — potentially indicating fewer people relying on farming as a primary income source or a broader diversification of economic activities. For those interested in moving to or investing in Defiance County, this could suggest evolving opportunities and challenges in its agricultural sector.
Number of Mortgages by Occupancy Type in Defiance County, OH Over the Last 5 Years in Defiance County
Over the last five years, Defiance County, Ohio, has seen a marked fluctuation in mortgage counts by occupancy type. Principal residences consistently dominate the market, peaking in 2021 with 1,899 mortgages, indicating a strong local demand for primary homes. Investment properties, however, have declined steadily from 84 in 2019 to 51 in 2022, possibly reflecting changing investment trends or regulatory impacts. Mortgages for second residences remain minimal, suggesting limited interest or availability in vacation or secondary homes. Such shifts can significantly influence decisions for investors, insurers, real estate agents, and potential residents, especially regarding market stability and long-term value.
Economic Outlook
Defiance County, Ohio has shown a consistent rise in average taxable income per tax return, hitting $62,675.60 in 2021. Coupled with a marked increase in state and local income taxes and a peak in total tax liability at $8,526.77 the same year, these trends suggest underlying economic growth. For real estate agents and appraisers, the increasing incomes and tax changes could indicate boosting property values and a stable market. Investors and developers might see this as a sign of robust... Read more
Average Taxable Income per Tax Return in Defiance County, OH over the last 9 years
Defiance County, Ohio has experienced a steady increase in average taxable income per tax return over the past nine years, with a notable jump to $62,675.60 in 2021. The upward trend, especially peaking in recent years, likely reflects economic growth and may signal attractive conditions for investment. Those looking to move to the area might find the rising incomes indicative of a robust local economy, while appraisers and real estate agents could see it as a sign of increasing property values. For insurers and builders, the area’s economic vitality may suggest a favorable market for new development and competitive insurance policies.
Average State and Local Income Taxes Per Tax Return in Defiance County, OH Over the Last 10 Years
Over the past decade, Defiance County, Ohio has seen a marked increase in average state and local income taxes per tax return. Starting at around $5,136.06 in 2012, the figures remained relatively stable until a sharp rise in 2018 to about $8,733.96, almost doubling to $11,412.50 by 2021. This trend could signal economic growth or changes in tax policies, potentially impacting investors, appraisers, real estate agents, and those considering moving to this area.
Average Total Tax Liability Per Tax Return in Defiance County, OH Over the Last 10 Years
Defiance County, Ohio has seen a variable but generally upward trend in average total tax liability per tax return over the past decade, peaking markedly at $8,526.77 in 2021. This suggests a possible increase in overall income levels or changes in tax policies impacting residents. This shift is significant for potential investors, real estate agents, and property developers, as it might reflect economic growth and stability in the area. Appraisers and insurance agents should take note of these trends for accurate assessments and risk evaluations.
Cost of Living in Defiance County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,117 | $1,287 | $1,772 | $1,320 | $992 |
1 adult 4 children | $1,117 | $1,051 | $1,354 | $1,320 | $1,083 |
2 adults 3 children | $1,117 | $1,051 | $1,538 | $1,320 | $803 |
1 adult 3 children | $1,117 | $858 | $1,120 | $1,320 | $870 |
2 adults 2 children | $831 | $861 | $1,304 | $1,154 | $706 |
1 adult 2 children | $831 | $643 | $886 | $1,154 | $653 |
2 adults 1 child | $831 | $680 | $1,070 | $615 | $660 |
1 adult 1 child | $831 | $439 | $652 | $615 | $545 |
2 adults | $631 | $546 | $836 | $0 | $525 |
1 adult | $626 | $298 | $418 | $0 | $465 |
Safety trends & Data
Property crime trends in Defiance County, Ohio, over the past five years reveal notable shifts. Larceny-theft numbers peaked at 146 in 2018 but dropped to 95 by 2022. Burglary rates saw a decline from 19 in 2018 to 8 in 2021, slightly rising to 12 in 2022. Motor vehicle theft incidents have stayed consistently low, not exceeding 5 annually. The decreasing rates of burglary and larceny-theft could be promising for investors and residents, though some may still be cautious about periodic spikes... Read more
Property Crime Trends in Defiance County, OH Over the Last 5 Years
Property crime in Defiance County, Ohio, shows fluctuating trends over the past five years, with larceny-theft consistently leading in numbers. Larceny-theft incidents peaked at 146 in 2018 and saw a reduction to 95 by 2022. Vandalism incidents also varied, with a notable spike to 57 in 2019. Burglary rates decreased from 19 in 2018 to 8 in 2021, before slightly increasing to 12 in 2022. Motor vehicle theft remained relatively low, not exceeding 5 incidents annually. Potential investors and residents might find the decreasing burglary and larceny-theft rates encouraging, while those concerned about property vandalism may want to note the periodic increases.
Demographics
Defiance County, Ohio, has a fairly balanced gender distribution in its adult population, with marginally more females than males. Educationally, high school graduates form the largest group, but there is a notable portion of the population with some college education or an associate's degree. The age distribution suggests a relatively even spread across various age brackets, with the highest concentration among individuals aged 35 to 44. The racial composition is predominantly White, but... Read more
Race Distribution in Defiance County, Ohio (2022)
Educational Attainment in Defiance County, Ohio (2022)
Age Distribution in Defiance County, Ohio
Citizen Population in Defiance County, Ohio (2022)
Political Trends & Data
In Defiance County, Ohio, the 2020 Presidential Election showcased strong conservative leanings, with around 67% of votes for Republican candidates and about 31% for Democrats. This preference might mean that any local policy discussions and campaigns have to pay close attention to the dominant Republican base to effectively engage the populace. While Libertarian and other third-party votes were minimal, such figures could be indicative of the area's overall political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Defiance County, Ohio, the 2020 U.S. Presidential Election showed a notable preference for Republican candidates, potentially suggesting strong conservative leanings among the electorate. The Republican vote share was approximately 67%, while the Democratic vote share hovered around 31%. There might be minimal support for third-party candidates, with Libertarians securing just over 1% and other parties having negligible impact. These voting patterns could imply that local policy discussions and election strategies might need to particularly address the dominant Republican base to stay relevant.
67.27% 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
1.40% of voters voted for the Livertarian party in the 2020 Presidential Election
0.46% of voters voted for the Other party in the 2020 Presidential Election
School Data
Defiance County, Ohio has seen student-to-teacher ratios consistently above the national average, hovering between sixteen to eighteen students per teacher over the past nine years. This could suggest more crowded classrooms, which might affect education quality and individual attention. For investors, real estate agents, and families, these figures could influence decisions related to property investments and relocations, while appraisers and insurance agents might also consider these ratios... Read more
Student-to-teacher ratio in Defiance County, Ohio over the last 9 years
While the national average stands at fourteen students per teacher, Defiance County, Ohio has consistently shown higher numbers over the past nine years, fluctuating between sixteen to eighteen students per teacher. This higher student-to-teacher ratio may imply more crowded classrooms, potentially impacting the quality of education and individual student attention. Investors, real estate agents, and families considering relocation might find these figures relevant when evaluating the local education system’s capacity and quality. This also holds importance for appraisers and insurance agents who could factor educational quality into property values and insurance rates.