Fairfield County Real Estate and Livability Trends
Fairfield County, Ohio's real estate market appears to be thriving, with median home values soaring from $163,100 in 2015 to $247,800 in 2022, which outpaces both state and national averages. Rising average taxable incomes, from $56,223.55 in 2013 to $75,815.09 in 2021, suggest an economically robust area, making it appealing to investors. However, real estate taxes have also increased,... Read more
Fairfield County Market Trends
Fairfield County, Ohio's median home values have sharply increased from $163,100 in 2015 to $247,800 in 2022, significantly outpacing national and state averages. This upward trend signals a robust and appreciating market. Energy tax credits per tax return in the county spiked dramatically to $2,400.00 in 2018, suggesting growing investments in energy efficiency, which could potentially boost... Read more
Median Value of Occupied Housing Units in Fairfield County, Ohio Over the Last 8 Years
Fairfield County, Ohio has seen a strong upward trend in median home values over the last eight years, jumping from $163,100 in 2015 to $247,800 in 2022. This growth outpaces both the national and state medians, which rose to $179,400 and $183,300, respectively, by 2022. For investors, potential homeowners, and those considering construction, this data might suggest a robust and appreciating market in Fairfield County compared to broader trends.
Residential Energy Tax Credit Per Tax Return in Fairfield County, OH Over the Last 9 Years
Fairfield County, Ohio has seen significant fluctuations in residential energy tax credits per tax return over the past nine years. After a steady increase from $309.44 in 2013 to $501.59 in 2017, there was a substantial spike to $2,400.00 in 2018. This was followed by a drop, but still higher than earlier years, with values around $870.00 to $937.00 from 2019 to 2021. These trends suggest an increment in energy-efficient investments by homeowners, making it an attractive area for those interested in green and sustainable living. Additionally, this could imply potential savings opportunities and increased property values for investors and residents focused on energy efficiency.
Average Real Estate Taxes Per Tax Return in Fairfield County, OH Over the Last 10 Years
In Fairfield County, Ohio, average real estate taxes per tax return have noticeably increased over the last decade, with a sharp rise beginning in 2017. In 2012, the average tax was approximately $3,205.14, but by 2021, it had risen to around $5,058.06. The most significant growth occurred between 2017 and 2018, coinciding with a jump from $3,843.04 to $4,687.55. This upward trend may suggest rising property values and could impact decisions for potential investors, real estate agents, and appraisers looking to operate in this market. The rising taxes can also affect homeowners' insurance premiums and are crucial for any financial evaluation regarding living or investing in this county.
Percentage of Farm Returns in Fairfield County, OH Over the Last 10 Years
The data from Fairfield County, Ohio, suggests a gradual decrease in the percentage of farm tax returns over the past decade, from about 1.54% in 2012 to roughly 1.23% in 2021. Farm tax returns could potentially serve as a barometer for the agricultural economy in the area, reflecting farming profitability or shifts in land use. This trend might indicate a reduction in active farming activities or a transformation of farmland to other uses, a key insight for prospective investors or developers considering land-use strategies. This trajectory can impact local economic growth and community planning, possibly making property in the region attractive for different types of development.
Number of Mortgages by Occupancy Type in Fairfield County, OH Over the Last 5 Years in Fairfield County
Fairfield County, Ohio has seen fluctuating mortgage counts over the past five years, with principal residences consistently dominating the market share, although there was a notable drop in 2022. This decline could raise red flags for potential investors or builders considering the region for new developments. Similarly, steady yet minimal interest in second and investment properties suggests a market that heavily favors primary homeowners. These changes in occupancy type can inform realtors and insurance agents about shifting demands and risks within the county, potentially influencing property valuations and insurance premiums. Such trends are also crucial for those evaluating long-term commitments, as they reflect broader socioeconomic factors affecting the local housing market.
Economic Outlook
Fairfield County, Ohio has experienced a steady rise in average taxable income per tax return over the past nine years, moving from $56,223.55 in 2013 to $75,815.09 in 2021. This kind of growth signals potential for higher property values and makes the county more attractive to investors and real estate agents. At the same time, state and local income taxes per tax return jumped from $6,560.00 in 2012 to $9,881.30 in 2021, which may indicate rising incomes or changes in tax policy, impacting... Read more
Average Taxable Income per Tax Return in Fairfield County, OH over the last 9 years
Fairfield County, Ohio has experienced a noticeable upward trend in average taxable income per tax return over the past nine years. The increase from approximately $56,223.55 in 2013 to about $75,815.09 in 2021 suggests gradual economic growth and rising incomes in the area. This trend can make Fairfield County appealing for investors and real estate agents looking for promising opportunities, while also pointing towards higher property values and potential shifts in insurance premiums. Those considering moving to or setting up businesses here might find the economic progression indicative of a thriving community.
Average State and Local Income Taxes Per Tax Return in Fairfield County, OH Over the Last 10 Years
Fairfield County, Ohio, has seen a notable increase in state and local income taxes per tax return over the past decade, growing from $6,560.00 in 2012 to $9,881.30 in 2021. Particularly significant jumps occurred in 2018 and subsequent years, with averages exceeding $8,000. This upward trajectory might suggest rising incomes or changes in tax policies, potentially affecting property values and investment decisions. Real estate agents, investors, and those looking to move to the area should consider this trend for its implications on overall cost of living and financial planning. Appraisers and insurance agents might also see changes in property valuations and risk assessments due to shifting economic conditions reflected in these tax figures.
Average Total Tax Liability Per Tax Return in Fairfield County, OH Over the Last 10 Years
Fairfield County, Ohio has seen a notable increase in the average total tax liability per tax return over the past decade, climbing from $8,227.34 in 2012 to $11,445.85 in 2021. It's worth considering this trend if you're planning to invest in or move to the area, as this may reflect changing economic conditions or local government policies impacting residents' tax burdens. Real estate agents, appraisers, and insurance agents should note these changes as they could influence property values and buyer behavior. This information is particularly relevant for those looking to build or insure property in Fairfield County.
Cost of Living in Fairfield County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,306 | $1,404 | $1,752 | $1,778 | $1,296 |
| 1 adult 4 children | $1,306 | $1,146 | $1,347 | $1,778 | $1,417 |
| 2 adults 3 children | $1,306 | $1,147 | $1,517 | $1,778 | $1,067 |
| 1 adult 3 children | $1,306 | $936 | $1,112 | $1,778 | $1,187 |
| 2 adults 2 children | $1,065 | $939 | $1,281 | $1,589 | $908 |
| 1 adult 2 children | $1,065 | $701 | $876 | $1,589 | $927 |
| 2 adults 1 child | $1,065 | $742 | $1,045 | $974 | $841 |
| 1 adult 1 child | $1,065 | $479 | $640 | $974 | $732 |
| 2 adults | $862 | $596 | $810 | $0 | $622 |
| 1 adult | $771 | $325 | $405 | $0 | $511 |
Safety trends & Data
Fairfield County, Ohio has experienced fluctuating property crime rates over the last five years, with larceny-theft peaking at 366 cases in 2018 and dropping to 202 by 2021. Burglary incidents have mostly declined from 18 in 2020 to just 5 in 2021, though they saw a slight increase to 10 cases in 2022. Motor vehicle thefts and arson remain low, each consistently below four incidents per year. A decline in fraud and vandalism figures, though marked by occasional spikes, might reflect changing... Read more
Property Crime Trends in Fairfield County, OH Over the Last 5 Years
Fairfield County, Ohio has witnessed fluctuating property crime rates over the past five years, with larceny-theft consistently being the most common type of crime, peaking at 366 cases in 2018 and dipping to 202 cases by 2021. Burglary incidents have generally decreased, from 18 in 2020 to just 5 in 2021, although there was a slight uptick to 10 cases in 2022. Motor vehicle thefts and arson are relatively low, each registering at or below four incidents yearly. Fraud and vandalism figures show a notable decline, but sporadic increases in certain years could suggest shifts in local socioeconomic conditions. These patterns could be a crucial consideration for investors, real estate agents, and potential residents assessing neighborhood safety over time.
Demographics
Fairfield County's adult population showcases a nearly equal split between males and females. The area demonstrates diverse educational attainment; while many residents possess only a high school diploma or some college, others have completed bachelor's or graduate degrees, possibly laying the groundwork for varied economic and cultural contributions. Age distribution appears relatively balanced across different brackets, though a larger proportion falls within the 35 to 54-year range, which... Read more
Race Distribution in Fairfield County, Ohio (2022)
Educational Attainment in Fairfield County, Ohio (2022)
Age Distribution in Fairfield County, Ohio
Citizen Population in Fairfield County, Ohio (2022)
Political Trends & Data
Fairfield County, Ohio exhibited a likely strong Republican leaning in the 2020 Presidential Election, with nearly 61% of voters possibly favoring the Republican party. About 37% might have supported the Democratic party, while Libertarians and other smaller parties seemed to have negligible influence, collectively capturing barely 1%. This voting trend could mirror broader state or regional preferences for conservative policies and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Fairfield County, Ohio, the 2020 U.S. Presidential Election results might suggest a strong Republican leaning, with approximately 61% of the vote potentially going to the Republican party. The Democratic party possibly secured around 37%, while Libertarians and other smaller parties seemed to have minimal impact, capturing just over 1% and a fraction of a percent, respectively. This distribution could reflect broader state or regional voting patterns, indicating a preference for conservative candidates and platforms.
60.97% of voters voted for the Republican party in the 2020 Presidential Election
37.48% of voters voted for the Democrat party in the 2020 Presidential Election
1.24% of voters voted for the Livertarian party in the 2020 Presidential Election
0.31% of voters voted for the Other party in the 2020 Presidential Election
School Data
Fairfield County, Ohio, has seen its student-to-teacher ratio rise to as high as 23 students per teacher in 2020, now slightly reduced to around 21, still above the national average of 14. Higher ratios can indicate larger class sizes, impacting education quality and outcomes, which is crucial for investors, new residents, and education professionals. For real estate experts, this trend might suggest a growing demand for educational facilities, hinting at potential investment opportunities in... Read more
Student-to-teacher ratio in Fairfield County, Ohio over the last 9 years
Fairfield County, Ohio has seen a notable rise in its student-to-teacher ratio over the past nine years, with a peak at 23 students per teacher in 2020. While the ratio has slightly declined to around 21 recently, it's still well above the national average of 14 students per teacher. Higher ratios may signal larger class sizes, which can influence the quality of education and student outcomes, making this an important metric for potential investors, new residents, and education professionals to consider. For real estate experts, a higher ratio might suggest increased demand for educational facilities, potentially driving investment opportunities in school infrastructure.
