Guernsey County Real Estate and Livability Trends
In Guernsey County, Ohio, the housing market has seen notable growth, with median home values rising from $95,600 in 2015 to $145,800 in 2022, outpacing state and national trends. The significant uptick in residential energy tax credits, peaking at $1,746.67 in 2019, indicates a keen interest in energy-efficient home improvements. Real estate taxes have nearly doubled in the last decade, hinting... Read more
Guernsey County Market Trends
Guernsey County, Ohio's housing market has experienced a remarkable climb in median home values, jumping from $95,600 in 2015 to $145,800 in 2022, outpacing even the state's and national growth rates. The spike in residential energy tax credits, peaking at $1,746.67 in 2019 and remaining substantial in subsequent years, signals a robust uptake in energy-efficient home improvements. Real estate... Read more
Median Value of Occupied Housing Units in Guernsey County, Ohio Over the Last 8 Years
Over the last eight years, Guernsey County, Ohio, has seen a steady climb in median home values from $95,600 in 2015 to $145,800 in 2022. Though persistently lower than both the state and national averages, Guernsey County's growth rate appears to accelerate in recent years, narrowing the gap. For context, median home values in Ohio have risen from $129,900 to $183,300, and national values have surged from $125,500 to $179,400 during the same period. This could signal a growing interest or potential undervaluation in Guernsey County, making it an intriguing option for early investors or those looking for more affordable entry points in the housing market.
Residential Energy Tax Credit Per Tax Return in Guernsey County, OH Over the Last 8 Years
Residents of Guernsey County, Ohio have seen a significant increase in the average residential energy tax credit per tax return over the past eight years, with a noticeable peak in 2019 at $1746.67. More recent years, particularly 2020 and 2021, still reflect substantially higher credits compared to earlier years, hovering around $715.79 and $965.00 respectively. This upward trend could indicate growing investments in energy-efficient home improvements or robust incentives driving local homeowners to optimize their energy usage, which can be important not only for environmental reasons but also from a financial standpoint for those considering property investments in the area.
Average Real Estate Taxes Per Tax Return in Guernsey County, OH Over the Last 10 Years
Guernsey County, Ohio has seen a gradual increase in average real estate taxes per tax return over the past decade, with amounts rising from around $2,017.70 in 2012 to approximately $3,918.52 by 2021. Notably, there was a sharp spike between 2017 and 2018, jumping from $2,564.56 to $3,463.16, and this elevated level appears to have sustained into 2021. This trend might signal increasing property values or changing assessment practices, factors that could be crucial for investors, property developers, appraisers, insurance agents, and real estate professionals operating or considering activity in Guernsey County.
Percentage of Farm Returns in Guernsey County, OH Over the Last 10 Years
The percentage of farm returns in Guernsey County, Ohio has seen a noticeable gradual decline over the last decade. In 2012, farm returns were at 5.01%, dropping to 4.60% by 2021, with minor fluctuations in between. Understanding farm tax returns is crucial; it reflects agricultural income declarations which could influence property values and economic stability in the region. For potential investors, builders, and residents, these trends might suggest a slight reduction in agricultural activities, potentially affecting land use and future development opportunities.
Number of Mortgages by Occupancy Type in Guernsey County, OH Over the Last 5 Years in Guernsey County
In Guernsey County, Ohio, there's been a noticeable uptick in principal residence mortgages over the past five years, jumping from 1,228 in 2018 to a peak of 1,857 in 2021 before pulling back slightly to 1,508 in 2022. Meanwhile, investment property mortgages have remained relatively stable but underwhelming in growth, and second residence mortgages have shown little to no variation, consistently hovering around 30 to 45 annually. For potential investors, realtors, appraisers, and insurance agents, these shifts suggest strong demand for primary homes, possibly indicating a solid basis for long-term residential investments. The stability in investment properties and second home mortgages might point to a saturated or matured market in those segments, warranting cautious optimism if planning to enter those particular niches.
Economic Outlook
In Guernsey County, Ohio, average taxable income per tax return has shown a fluctuating yet generally upward trend, peaking at $57,820.57 in 2021, indicating possible economic resilience or development initiatives. Notable peaks in state and local income taxes were seen, hitting $12,622.22 in 2019 but stabilizing to $10,853.85 by 2021, reflecting possible economic volatility or policy changes. Total tax liabilities have been inconsistent, dropping sharply in 2015 before rising again to... Read more
Average Taxable Income per Tax Return in Guernsey County, OH over the last 9 years
Guernsey County, Ohio has experienced a fluctuating yet generally upward trend in average taxable income per tax return over the past nine years, peaking at $57,820.57 in 2021. Significant increases were observed in 2018 and 2021, showing robust income growth that may be indicative of economic resilience or development initiatives in the area. On the downside, there were notable dips in 2016 and 2020, possibly reflecting broader economic challenges during those periods. These trends could inform investment potential, real estate valuations, and insurance assessments, providing a dynamic economic snapshot valuable for various stakeholders.
Average State and Local Income Taxes Per Tax Return in Guernsey County, OH Over the Last 10 Years
Guernsey County, Ohio has seen fluctuating average state and local income taxes per tax return over the past decade. Notably, there was a significant rise to $8,983.78 in 2018, peaking at $12,622.22 in 2019, before stabilizing to $10,853.85 in 2021. These trends might indicate volatile economic factors or changing tax policies that could impact financial planning for potential investors, homeowners, and real estate professionals in the area.
Average Total Tax Liability Per Tax Return in Guernsey County, OH Over the Last 10 Years
Over the past decade, tax liabilities in Guernsey County, Ohio have fluctuated noticeably. From a high of $8,879.58 in 2012, liabilities dropped sharply to $7,158.14 in 2015 and continued a generally downward trend to $6,721.88 in 2016. More recently, there has been an upward shift, reaching $8,413.12 in 2021. This ebb and flow suggests varying economic conditions and policy impacts, which might be of particular interest to investors, property builders, and real estate agents who need to consider these liabilities in their financial planning and market assessments.
Cost of Living in Guernsey County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,069 | $1,355 | $1,981 | $1,320 | $1,056 |
1 adult 4 children | $1,069 | $1,107 | $1,515 | $1,320 | $1,138 |
2 adults 3 children | $1,069 | $1,107 | $1,718 | $1,320 | $850 |
1 adult 3 children | $1,069 | $904 | $1,253 | $1,320 | $905 |
2 adults 2 children | $854 | $906 | $1,456 | $1,154 | $756 |
1 adult 2 children | $854 | $677 | $990 | $1,154 | $698 |
2 adults 1 child | $854 | $716 | $1,193 | $615 | $699 |
1 adult 1 child | $854 | $463 | $728 | $615 | $568 |
2 adults | $649 | $575 | $931 | $0 | $551 |
1 adult | $571 | $314 | $465 | $0 | $453 |
Safety trends & Data
Guernsey County, Ohio has experienced a fluctuating pattern in property crimes over the last five years, with a notable drop in larceny-theft from 99.00 incidents in 2018 to just 35.00 in 2022. Burglary rates have stayed consistently low, peaking at 4.00 in certain years, while vandalism remains minimal but persistent. Forgery and fraud incidents are consistently low, giving potential investors, residents, and real estate agents an overall picture of a declining trend in common property... Read more
Property Crime Trends in Guernsey County, OH Over the Last 5 Years
Over the last five years, Guernsey County, Ohio has seen a fluctuating pattern in property crimes. Significant observations include a notable decrease in larceny-theft incidents from 99.00 in 2018 to 35.00 in 2022. However, burglary occurrences have remained relatively low and stable, with minor peaks up to 4.00 in certain years. Instances of vandalism are also minimal but persistent, while forgery and fraud have stayed consistently low. This data provides vital insights for potential investors, residents, and real estate agents, highlighting a generally declining trend in the most common property crimes.
Demographics
Guernsey County, Ohio has a near-even split between male and female adults. Educational attainment shows a significant portion of the population has a high school diploma or some college education, indicating potential gaps in advanced degrees. The age distribution leans towards a mature populace, with a larger cohort in the 55 to 64-year range, suggesting demographic shifts towards an aging population. Race distribution heavily skews towards White residents, pointing to a lack of racial... Read more
Race Distribution in Guernsey County, Ohio (2022)
Educational Attainment in Guernsey County, Ohio (2022)
Age Distribution in Guernsey County, Ohio
Citizen Population in Guernsey County, Ohio (2022)
Political Trends & Data
In Guernsey County, Ohio, the 2020 U.S. Presidential Election results showed a solid Republican preference, with about 74% of the votes. Democrats captured around 25%, with minimal support for other parties. This pronounced conservative tilt suggests a strong conservative influence, a characteristic often seen in Ohio's rural... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Guernsey County, Ohio, saw a substantial lean towards the Republican party in the 2020 U.S. Presidential Election, with nearly 74% of the votes. Democrats garnered roughly 25%, while Libertarians and other parties received minimal support. This significant Republican preference might suggest a prevailing conservative influence in this area, reflecting broader electoral patterns often observed in Ohio's rural regions.
73.54% of voters voted for the Republican party in the 2020 Presidential Election
25.11% of voters voted for the Democrat party in the 2020 Presidential Election
0.97% of voters voted for the Livertarian party in the 2020 Presidential Election
0.38% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Guernsey County, Ohio, the student-to-teacher ratio has hovered around 16 students per teacher in recent years, higher than the national average of 14. For those eyeing the local real estate market, this could hint at potential needs for more educational resources or additional hiring to meet demand. This trend may affect decisions for educational facility investments and signal underlying factors like increased enrollment or staffing shortages that real estate developers, appraisers, and... Read more
Student-to-teacher ratio in Guernsey County, Ohio over the last 9 years
Guernsey County, Ohio, has seen its student-to-teacher ratio fluctuate over the last nine years, peaking at around 16 students per teacher in recent years. This trend indicates a tighter classroom environment compared to the national average of 14 students per teacher, which might suggest higher demands on teachers and potentially less individual attention for students. For those considering investing in educational facilities, moving to the area, or working in education, these numbers could imply the need for more educational resources or additional hiring to align more closely with national trends. Increased enrollment or insufficient staffing could be underlying factors worth exploring for real estate developers, appraisers, and insurance agents who deal with school district standards and community growth projections.