Hardin County Real Estate and Livability Trends
Hardin County, Ohio has displayed a steady increase in average taxable income per tax return, climbing from $43,773.38 in 2013 to $53,386.35 in 2021, indicating possible economic growth and improved earning prospects. Median home values hit $125,600 in 2022, making the area more affordable relative to Ohio and national averages, which could attract buyers. Real estate taxes rose to approximately... Read more
Hardin County Market Trends
Hardin County, Ohio has seen a steady rise in median home values, reaching $125,600 in 2022, making it more affordable compared to Ohio's median value of $183,300 and the national median of $179,400. The average residential energy tax credit per tax return peaked at $750.00 in 2021, indicating a growing investment in home energy efficiency. Real estate taxes have trended upwards, reaching about... Read more
Median Value of Occupied Housing Units in Hardin County, Ohio Over the Last 8 Years
Hardin County, Ohio has seen a steady increase in median home values over the past eight years, reaching $125,600 in 2022. This upward trend is significant compared to the state of Ohio, where the median home value reached $183,300, and the national median value of $179,400 in the same year. The county's housing market could be attractive for investors or those looking to move to a relatively more affordable area with potential for property value appreciation.
Residential Energy Tax Credit Per Tax Return in Hardin County, OH Over the Last 8 Years
In Hardin County, Ohio, the average residential energy tax credit per tax return has shown fluctuating yet upward trends over the past eight years, peaking notably at $750.00 in 2021. This increase potentially indicates growing home energy efficiency investments, which may appeal to investors and real estate agents looking to market properties with green upgrades. Homeowners and property developers might see this as a promising sign to prioritize sustainable energy practices, while insurance agents could consider integrating green incentives into their policies. This trend can be vital for long-term financial planning, suggesting that residential energy improvements are gaining traction in the local market, possibly impacting property valuations positively over time.
Average Real Estate Taxes Per Tax Return in Hardin County, OH Over the Last 10 Years
Over the past decade in Hardin County, Ohio, there's been a notable upward trend in average real estate taxes per tax return, climbing from approximately $1,838.97 in 2012 to about $3,166.67 in 2021. This pattern suggests a relatively consistent increase in property tax burdens, which could impact decisions for future residents, investors, and real estate professionals. Such information may be particularly important for those involved in appraising, insuring, building, or buying property, signaling potential changes in the cost structure of owning real estate in the area.
Percentage of Farm Returns in Hardin County, OH Over the Last 10 Years
Hardin County, Ohio, has witnessed a gradual decline in the percentage of farm tax returns over the last decade, dropping from approximately 5.26% in 2012 to 4.05% in 2021. Farm tax returns represent the proportion of tax filings specifically related to agricultural income, acting as indirect markers of agricultural activity. This trend could suggest dwindling agricultural operations or shifts in land use, which might be crucial for potential investors, real estate developers, and residents evaluating economic shifts and land value trajectories in the area. Understanding these dynamics can provide key insights for strategic decision-making focused on property development, investments, and community planning.
Number of Mortgages by Occupancy Type in Hardin County, OH Over the Last 5 Years in Hardin County
The number of mortgages for principal residences in Hardin County, Ohio has shown a notable increase over the past five years, peaking at 1,159 in 2021 from 744 in 2018, while investment property mortgages have seen a more modest rise. Second residence mortgages remain low and relatively stable. These fluctuations in occupancy type could hint at varying levels of market activity and risk, which might be crucial for investors, real estate agents, appraisers, and insurance agents to track. The increasing preference for principal residences may suggest a growing local workforce or population stability, which might incentivize developers and investors to focus on residential housing. However, this trend can also influence property values and insurance premiums, affecting overall market dynamics.
Economic Outlook
Over the past nine years, Hardin County, Ohio has shown a steady rise in average taxable income per tax return, jumping from $43,773.38 in 2013 to $53,386.35 in 2021, suggesting a potentially growing economy and heightened earning opportunities. This could ignite interest among investors and those looking to build property, as increased average incomes often align with higher demand for real estate and services. Meanwhile, state and local income taxes per tax return have fluctuated but peaked... Read more
Average Taxable Income per Tax Return in Hardin County, OH over the last 9 years
Over the past nine years, Hardin County, Ohio has exhibited a steady increase in the average taxable income per tax return, moving from $43,773.38 in 2013 to $53,386.35 in 2021. This upward trend could indicate a growing economy and potentially increased earning opportunities in the area. Such financial growth might interest investors and those looking to build property, as higher average incomes often correlate with a higher demand for real estate and services. Real estate agents and insurance agents might find these income trends useful for pricing and assessing risk. Those considering moving to Hardin County might view the increasing incomes as a positive indicator of the area’s economic health.
Average State and Local Income Taxes Per Tax Return in Hardin County, OH Over the Last 10 Years
Over the past decade, Hardin County, Ohio has seen fluctuations in average state and local income taxes per tax return, with a notable peak in 2021, reaching $7,795.24. This suggests an increase in tax liabilities which could be indicative of higher incomes or changes in tax policies. Investors, real estate agents, and insurance agents might find this data relevant when assessing financial commitments and the overall economic health of the area. Understanding these trends is crucial for anyone considering moving to or doing business in Hardin County, as it provides insight into the evolving economic landscape.
Average Total Tax Liability Per Tax Return in Hardin County, OH Over the Last 10 Years
Over the past decade, Hardin County, Ohio has seen a fluctuating trend in the average total tax liability per tax return. While there was a general increase from $5,708.38 in 2012 to $6,001.24 in 2015, the following years showed variable patterns with notable peaks and troughs. For instance, the average liability surged to $6,718.08 in 2021 after dipping to $5,649.53 in 2019. Such variability might suggest shifting economic conditions or policy changes impacting taxpayer obligations, a critical consideration for investors, real estate professionals, and those evaluating the financial dynamics of the region.
Cost of Living in Hardin County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,021 | $1,214 | $1,817 | $1,320 | $939 |
| 1 adult 4 children | $1,021 | $992 | $1,389 | $1,320 | $1,027 |
| 2 adults 3 children | $1,021 | $992 | $1,577 | $1,320 | $763 |
| 1 adult 3 children | $1,021 | $810 | $1,149 | $1,320 | $815 |
| 2 adults 2 children | $794 | $812 | $1,337 | $1,154 | $692 |
| 1 adult 2 children | $794 | $607 | $909 | $1,154 | $635 |
| 2 adults 1 child | $794 | $642 | $1,097 | $615 | $644 |
| 1 adult 1 child | $794 | $415 | $668 | $615 | $531 |
| 2 adults | $655 | $516 | $856 | $0 | $530 |
| 1 adult | $587 | $281 | $428 | $0 | $449 |
Safety trends & Data
In Hardin County, Ohio, property crimes have shown variability over the past five years. Larceny-theft peaked at 38.0 incidents in 2018, decreased to 5.0 in 2021, and rose again to 37.0 in 2022. Burglary saw less drastic changes, dipping notably to 1.0 incident in 2021. Vandalism remained steady at around 3.0 to 6.0 incidents annually. Sporadic fraud, alongside rare motor vehicle theft and stolen property cases, keeps overall crime risk low. Such data may be pivotal for investors, residents,... Read more
Property Crime Trends in Hardin County, OH Over the Last 5 Years
Over the past five years, Hardin County, Ohio has seen fluctuating trends in property crimes. Larceny-theft consistently ranks the highest, peaking at 38.0 incidents in 2018 and showing a notable dip to 5.0 in 2021 before surging back to 37.0 in 2022. Burglary, on the other hand, witnessed minor fluctuations, with a notable drop to 1.0 incident in 2021. Vandalism remained relatively steady, hovering around 3.0 to 6.0 incidents annually. Fraud incidents are sporadic but maintain a low presence alongside rare occurrences of motor vehicle theft and stolen property cases. These insights could be crucial for potential investors, residents, and real estate professionals assessing safety and property-related risks in the area.
Demographics
Hardin County, Ohio exhibits a fairly balanced gender composition, with slightly more females than males. The educational landscape shows a substantial population with a high school diploma or equivalent, while a much smaller fraction holds graduate or professional degrees. Age-wise, the population is somewhat evenly spread, with notable peaks in the 20-24 and 55-64 age groups, possibly indicating a transient college-going population and an aging workforce. The racial makeup is predominantly... Read more
Race Distribution in Hardin County, Ohio (2022)
Educational Attainment in Hardin County, Ohio (2022)
Age Distribution in Hardin County, Ohio
Citizen Population in Hardin County, Ohio (2022)
Political Trends & Data
Hardin County, Ohio, leaned heavily Republican in the 2020 U.S. Presidential Election, with GOP candidates scoring about 75% of the vote. Democratic candidates managed just over 23%, suggesting a potentially solid conservative foundation or recent political shifts locally. Third parties, including Libertarians, barely made an impact with under 2%. This conservative tilt could influence local policy and real estate trends, impacting everything from property taxes to development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Hardin County, Ohio, showed a strong preference for Republican candidates in the 2020 U.S. Presidential Election, with roughly 75% of the vote. Democratic candidates lagged significantly, capturing just over 23%. Libertarians and other parties combined were barely a blip on the radar, totalling under 2%. These numbers might reflect a deeply entrenched conservative voter base or could be indicative of recent local shifts in political alignment.
75.10% of voters voted for the Republican party in the 2020 Presidential Election
23.11% of voters voted for the Democrat party in the 2020 Presidential Election
1.45% 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
Hardin County, Ohio has experienced notable fluctuations in student-to-teacher ratios over the past nine years, ranging from a low of approximately 15 in 2018 to a high of 22 in 2023. The current ratio is significantly above the national average of 14 students per teacher, potentially influencing property values and market desirability. These educational dynamics might be a concern for parents seeking individualized attention for their children and could impact appraisals and insurance... Read more
Student-to-teacher ratio in Hardin County, Ohio over the last 9 years
Over the last nine years, Hardin County, Ohio has seen fluctuations in its student-to-teacher ratio, with values ranging from a low of approximately 15 in 2018 to a high of 22 in 2023. These shifts might influence decisions for those looking to invest in or move to the area, as educational quality can impact property values and desirability. Notably, the current ratio is significantly above the national average of fourteen students per teacher, which could be a concern for parents seeking more individualized attention for their children and may also affect appraisals and insurance considerations for residential properties. For real estate agents and builders, understanding these trends is crucial when advising clients or planning developments.
