Fulton County Real Estate and Livability Trends
Fulton County, Ohio is experiencing a noteworthy upward trend in average taxable income, climbing from $49,682.60 in 2013 to $65,444.73 by 2021, indicating possible economic growth. Median home values rose from $129,500 in 2015 to $163,100 in 2022, staying below both state and national averages and suggesting more affordable investment opportunities. Property crimes have notably declined,... Read more
Fulton County Market Trends
In Fulton County, Ohio, median home values have grown steadily from $129,500 in 2015 to $163,100 in 2022, still below the state average of $183,300 and the national average of $179,400 for the same year, suggesting relatively more affordable investment opportunities. Residential energy tax credits per tax return showed a major spike in 2018 at $3,500.00, likely from policy changes, tapering to... Read more
Median Value of Occupied Housing Units in Fulton County, Ohio Over the Last 8 Years
In Fulton County, Ohio, median home values have seen steady growth over the past eight years, climbing from $129,500 in 2015 to $163,100 in 2022. While this upward trend aligns with both state and national increases, Fulton County's values have generally stayed below state averages, which reached $183,300 in 2022, and significantly below national averages, which peaked at $179,400 the same year. This could suggest potential for more affordable investment or living options in Fulton County relative to the broader market trends in Ohio and the U.S.
Residential Energy Tax Credit Per Tax Return in Fulton County, OH Over the Last 9 Years
Fulton County, Ohio has experienced notable fluctuations in residential energy tax credits per tax return over the past nine years. While the average credits mostly hovered around the $300 to $500 range, 2018 saw a striking spike to $3,500.00, likely due to significant policy changes or investment incentives at that time. Post-2018, the averages seem to have stabilized, with 2019 and 2020 showing higher than usual returns of $800.00 and $600.00, respectively, before settling back around the $496.55 mark by 2021. These variances suggest that homeowners and investors capitalizing on energy-efficient upgrades may have seen substantial benefits, particularly during peak years.
Average Real Estate Taxes Per Tax Return in Fulton County, OH Over the Last 10 Years
The steady increase in average real estate taxes per tax return in Fulton County, Ohio over the past decade is noteworthy. Starting from around $2,532.77 in 2012 and climbing to approximately $4,275.00 by 2021, this indicates growth in property values and possibly more investment in local infrastructure or public services. This trend might interest potential investors and homebuyers, signaling a robust real estate market but could also be a factor for those assessing long-term property tax liabilities. Whether you are an appraiser, insurance agent, or resident, understanding this upward trajectory could help in decision-making and financial planning.
Percentage of Farm Returns in Fulton County, OH Over the Last 10 Years
Over the last decade, Fulton County, Ohio has seen some fluctuations in the percentage of farm tax returns. From a high of around 3.66% in 2015, there's been a gradual decline to approximately 3.33% in 2021. This trend may indicate shifts in the agricultural economy or changing farm ownership structures, which could be crucial for prospective investors or developers eyeing rural properties. Understanding these dynamics could help in making informed decisions about buying land or starting agribusiness ventures in the county.
Number of Mortgages by Occupancy Type in Fulton County, OH Over the Last 5 Years in Fulton County
Fulton County, Ohio has seen varying trends in mortgage counts for different occupancy types over the last five years. Principal residences have consistently dominated the market, showing significant numbers but a noticeable decline from 2018 (1628) to 2022 (1838) and a peak in 2020 (2587) possibly due to favorable mortgage rates or housing policies. Investment properties and second residences maintained relatively low and stable figures, with investment properties having slightly more activity but still showing a slight drop from 2018 (59) to 2022 (62). These shifts in occupancy type are crucial for real estate agents, investors, and appraisers as they indicate changing demands and potential opportunities. For instance, a decreasing trend in principal residence mortgages suggests a cooling market or perhaps a shift in buyer preferences, which can influence decisions on housing developments and investment strategy. Moreover, stable but low numbers in investment and second homes might highlight lesser interest or higher barriers in these segments, which could be insightful for policy-making or targeted real estate marketing.
Economic Outlook
Fulton County, Ohio, has seen a steady rise in average taxable income, growing from $49,682.60 in 2013 to $65,444.73 by 2021, which could hint at economic growth and higher earning opportunities. State and local income taxes per tax return also soared from about $4,929 in 2012 to $11,086 in 2021, with a notable spike between 2017 and 2018, reflecting possible regulatory changes or economic shifts. The average total tax liability per return increased from $6,474.92 in 2012 to $8,990.62 by 2021,... Read more
Average Taxable Income per Tax Return in Fulton County, OH over the last 9 years
Over the past nine years, Fulton County, Ohio, has seen a steady rise in average taxable income per tax return. Starting at approximately $49,682.60 in 2013, the figure gradually climbed to around $65,444.73 by 2021. This trend may hint at economic growth or higher earning opportunities in the area, making it potentially attractive for investors, real estate agents, and those considering moving to the county. Monitoring these income trends can provide valuable insight into the financial health and economic prospects of Fulton County.
Average State and Local Income Taxes Per Tax Return in Fulton County, OH Over the Last 10 Years
Over the past decade, residents in Fulton County, Ohio, have seen a significant rise in average state and local income taxes per tax return, jumping from roughly $4,929 in 2012 to about $11,086 in 2021. Notably, there was a sharp increase between 2017 and 2018, where taxes per return more than doubled, indicating possible changes in tax regulations or shifts in local economic conditions. For investors, appraisers, and real estate agents, this upward trend could suggest rising incomes and a potentially stronger local economy, but it also might signal higher living costs for prospective residents. Such financial dynamics can be crucial for property development decisions and for those evaluating insurance risks.
Average Total Tax Liability Per Tax Return in Fulton County, OH Over the Last 10 Years
Fulton County, Ohio has seen a notable increase in the average total tax liability per tax return over the past decade, with values rising from approximately $6,474.92 in 2012 to around $8,990.62 by 2021. This trend suggests a potentially growing economic base or changing tax structures impacting residents and businesses alike. For potential investors or real estate agents, this uptick could indicate a more robust economic environment. Those considering moving to the area or assessing property investments might find these financial dynamics pertinent in evaluating the cost of living or potential returns. Appraisers and insurance agents can also leverage this kind of data to better understand the evolving fiscal landscape in the county.
Cost of Living in Fulton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,155 | $1,327 | $1,782 | $1,034 | $964 |
| 1 adult 4 children | $1,155 | $1,084 | $1,370 | $1,034 | $1,048 |
| 2 adults 3 children | $1,155 | $1,084 | $1,543 | $1,034 | $773 |
| 1 adult 3 children | $1,155 | $885 | $1,131 | $1,034 | $829 |
| 2 adults 2 children | $859 | $887 | $1,303 | $935 | $690 |
| 1 adult 2 children | $859 | $663 | $891 | $935 | $631 |
| 2 adults 1 child | $859 | $701 | $1,063 | $615 | $692 |
| 1 adult 1 child | $859 | $453 | $651 | $615 | $575 |
| 2 adults | $662 | $563 | $824 | $0 | $552 |
| 1 adult | $604 | $307 | $412 | $0 | $471 |
Safety trends & Data
Fulton County, Ohio has experienced a significant decline in property crimes over the past five years, particularly in larceny-theft, vandalism, and motor vehicle theft. While burglary cases have seen a slight decrease, they continue to show relative stability. These trends might indicate better law enforcement tactics, heightened community awareness, or shifting socioeconomic conditions, which could make the area increasingly appealing to investors, real estate agents, and potential new... Read more
Property Crime Trends in Fulton County, OH Over the Last 5 Years
Fulton County, Ohio has seen a notable decline in property crimes over the last five years, with significant drops in instances of larceny-theft, vandalism, and motor vehicle theft. Burglary cases also show a downward trend, although they remain relatively stable. This trend could suggest improvements in local law enforcement strategies, community vigilance, or other socioeconomic factors, potentially making the area more attractive to investors, real estate agents, and new residents.
Demographics
Fulton County, Ohio, exhibits a relatively balanced gender distribution among its adult population with a slight female majority. The age spread is diverse but most heavily weighted towards the 35 to 54-year age bracket, likely influencing the community's consumer behavior and local economic trends. Educational attainment reveals a solid base of high school graduates, but there's a notable climb in the population with some college education or an Associate's degree, possibly indicating a tilt... Read more
Race Distribution in Fulton County, Ohio (2022)
Educational Attainment in Fulton County, Ohio (2022)
Age Distribution in Fulton County, Ohio
Citizen Population in Fulton County, Ohio (2022)
Political Trends & Data
In Fulton County, Ohio, the 2020 U.S. Presidential Election results indicated a notable Republican dominance, with roughly 69% of the vote. Democrats secured about 29%, and minor parties collectively took near 2%. This conservative trend could have significant implications for local political priorities and policies, possibly affecting various aspects of community planning and development, including real estate market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Fulton County, Ohio, the 2020 U.S. Presidential Election saw a significant lean towards the Republican Party, with around 69% of the vote. Democrats trailed with approximately 29%, while Libertarians and other minor parties garnered a very small share, collectively near 2%. This suggests a strong conservative presence in the county, potentially influencing local and state political dynamics considerably.
69.09% of voters voted for the Republican party in the 2020 Presidential Election
29.27% of voters voted for the Democrat party in the 2020 Presidential Election
1.31% of voters voted for the Livertarian party in the 2020 Presidential Election
0.33% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Fulton County, Ohio, the student-to-teacher ratio typically exceeds the national average of 14:1, peaking at 18:1 in 2021 and dipping below the average to about 15:1 in 2020. Such fluctuations might point to changes in district hiring, local population, or school funding. For potential homebuyers, this impacts perceptions of educational quality, possibly influencing property values and demand. Real estate and insurance professionals can leverage these insights for a better grasp of local... Read more
Student-to-teacher ratio in Fulton County, Ohio over the last 9 years
In Fulton County, Ohio, the student-to-teacher ratio has generally hovered above the national average of 14 students per teacher, peaking at 18 in 2021, with occasional dips like in 2020, where it fell below the average to nearly 15. These fluctuations could suggest variability in district hiring practices, local population changes, or shifts in school funding. For prospective investors or individuals looking to move to the area, this variable can significantly impact educational quality perceptions, which in turn might affect property values and demand. For real estate agents, appraisers, and insurance agents, understanding such trends can offer deeper insights into local market conditions and future projections.
