Highland County Real Estate and Livability Trends
Highland County, Ohio's real estate market has demonstrated strong upward trends. Median home values saw a significant rise from $103,500 in 2015 to $146,300 in 2022, reflecting a robust local market. The increasing average residential energy tax credit per tax return, up from $409.09 in 2013 to $1,868.18 in 2021, indicates heightened investment in energy-efficient home upgrades, presenting... Read more
Highland County Market Trends
Highland County, Ohio has seen a significant increase in median home values over the past eight years, jumping from $103,500 in 2015 to $146,300 in 2022, signaling a strengthening local market. The average residential energy tax credit per tax return surged from $409.09 in 2013 to $1,868.18 in 2021, showing growing investment in energy-efficient upgrades. This trend likely points to lucrative... Read more
Median Value of Occupied Housing Units in Highland County, Ohio Over the Last 8 Years
Highland County, Ohio has seen a significant increase in median home values over the past eight years, jumping from $103,500 in 2015 to $146,300 in 2022. While still below both the national ($179,400) and state ($183,300) median values for the same year, Highland County's rate of increase is impressive, suggesting a strengthening local market. This upward trend is particularly important for potential investors and those looking to build or buy property, indicating rising home equity and possibly a higher demand in the area.
Residential Energy Tax Credit Per Tax Return in Highland County, OH Over the Last 9 Years
Over the past nine years, Highland County, Ohio has seen a significant increase in the average residential energy tax credit per tax return, suggesting that homeowners are progressively investing in energy-efficient upgrades. Values have surged from $409.09 in 2013 to a peak of $1,868.18 in 2021, reflecting a growing awareness and commitment towards energy efficiency. This trend may indicate lucrative opportunities for investors, real estate agents, and builders specializing in green technologies and sustainable living solutions. It could also imply a rise in the appraised value of homes with modern energy-efficient modifications. For insurers, this might mean adjustments in policies due to changes in homeowner priorities and property characteristics.
Average Real Estate Taxes Per Tax Return in Highland County, OH Over the Last 10 Years
Highland County, Ohio has seen a consistent increase in average real estate taxes per tax return over the last decade, with notable jumps from $1,771.79 in 2012 to $2,385.00 in 2018 and reaching approximately $2,868.75 in 2020 before a slight drop to $2,731.25 in 2021. This upward trend suggests a growing investment in property and infrastructure that potential investors, real estate agents, and residents might find appealing, indicating an upward market movement and possible appreciation in property values. This could imply a need for cautious financial planning and assessment from appraisers and insurance agents due to the fluctuating property tax rates.
Percentage of Farm Returns in Highland County, OH Over the Last 10 Years
Farm tax returns in Highland County, Ohio over the past decade have mostly shown a gradual decline. From a high of approximately 6.59% in 2012 to around 5.58% in 2021, the percentage of farm returns indicates shifting agricultural dynamics and economic pressures. For investors and new residents, this may suggest evolving opportunities within the agricultural sector, potentially driven by changing land use patterns or economic incentives. Despite the drop, the presence of farm tax returns still signifies a notable agricultural footprint, which could influence property values and community resources.
Number of Mortgages by Occupancy Type in Highland County, OH Over the Last 5 Years in Highland County
In Highland County, Ohio, the number of mortgages for principal residences has shown a notable increase over the last five years, peaking at 2,356 in 2021 before a slight drop to 1,850 in 2022. Investment properties and second residences have remained relatively stable, with investment property mortgages hovering around the 70-80 mark and second residences maintaining around 30 per year. These changes in occupancy type could signal shifts in the local housing market dynamics, affecting property values, rental market conditions, and demand for new housing. For investors, this stability in investment property demand amidst a rise in principal residences might suggest a steady yet niche rental market. For potential homeowners, the fluctuations in primary residence mortgages might reflect broader economic conditions and influence their buying strategies. Real estate agents and appraisers should consider these trends when advising clients or evaluating property values.
Economic Outlook
Highland County, Ohio has seen a notable rise in average taxable income per tax return, potentially reaching $52,834.99 by 2021 from $38,981.93 in 2013. Concurrently, average state and local income taxes spiked, peaking at $6,754.76 in 2018 and remaining relatively high. The average total tax liability per tax return also surged, hitting $6,459.26 in 2021. These financial shifts suggest an evolving economic landscape, which could be compelling for real estate investors, appraisers, and... Read more
Average Taxable Income per Tax Return in Highland County, OH over the last 9 years
Highland County, Ohio has experienced a gradual increase in average taxable income per tax return over the past nine years, rising from $38,981.93 in 2013 to potentially $52,834.99 by 2021. This steady upward trend might indicate a stronger local economy and could be attractive to investors or those considering moving to the area. Whether you're a real estate agent, appraiser, or insurance agent, understanding this growth can provide valuable insights into the county's economic health and future potential.
Average State and Local Income Taxes Per Tax Return in Highland County, OH Over the Last 10 Years
Over the last decade, Highland County, Ohio, has seen a considerable increase in average state and local income taxes per tax return, peaking notably in 2018 at $6754.76 and maintaining elevated levels into 2021 at $6212.50. These fluctuations suggest growing fiscal responsibilities for residents, which potential investors and homebuyers might want to consider. For appraisers and insurance agents, understanding these trends is crucial for assessing financial risk and property valuation. Real estate professionals especially need to be aware of these shifts when advising clients or pricing homes in the area.
Average Total Tax Liability Per Tax Return in Highland County, OH Over the Last 10 Years
In Highland County, Ohio, the average total tax liability per tax return has generally climbed over the past decade, peaking at $6,459.26 in 2021. This upward trend, particularly the substantial jump in 2021, is a critical indicator for potential investors and real estate agents. While the years from 2012 to 2020 showed a more gradual increase with minor dips, the sharp rise in 2021 may signal changing economic conditions or policy changes impacting taxpayers. Understanding these fluctuations can help appraisers, insurance agents, and those looking to move or build property in Highland County make informed decisions.
Cost of Living in Highland County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,018 | $1,267 | $1,902 | $1,483 | $1,036 |
| 1 adult 4 children | $1,018 | $1,035 | $1,454 | $1,483 | $1,129 |
| 2 adults 3 children | $1,018 | $1,035 | $1,650 | $1,483 | $840 |
| 1 adult 3 children | $1,018 | $845 | $1,203 | $1,483 | $905 |
| 2 adults 2 children | $794 | $847 | $1,398 | $1,293 | $745 |
| 1 adult 2 children | $794 | $633 | $951 | $1,293 | $695 |
| 2 adults 1 child | $794 | $670 | $1,146 | $678 | $675 |
| 1 adult 1 child | $794 | $432 | $699 | $678 | $552 |
| 2 adults | $646 | $538 | $895 | $0 | $536 |
| 1 adult | $587 | $293 | $447 | $0 | $450 |
Safety trends & Data
Highland County, Ohio, has experienced notable fluctuations in property crime over the past five years. Larceny-theft incidents have swung from 22 in 2021 to 35 in 2022 after a peak of 39 in 2018. Burglary arrests dipped to just 3 in 2020 before rising to 11 in 2021 and falling back to 5 in 2022. Vandalism arrests also varied, ranging from 20 in 2018 to a low of 9 in 2020, reaching 16 by 2022. These trends may indicate shifting patterns in property crime, crucial for evaluating investment... Read more
Property Crime Trends in Highland County, OH Over the Last 5 Years
Property crime in Highland County, Ohio, has shown notable fluctuations over the past five years. Larceny-theft consistently led in occurrences each year, peaking at 39 incidents in 2018 and dipping to a low of 22 in 2021, showing a recent rebound with 35 cases in 2022. Burglary arrests varied, decreasing dramatically from 11 in 2018 to just 3 in 2020, before climbing back to 11 in 2021 and then down to 5 in 2022. Vandalism incidents have also fluctuated, with arrests ranging from a high of 20 in 2018 to a low of 9 in 2020, reaching 16 by 2022. These trends may indicate shifting patterns in property crime, important for those evaluating investment risks, insurance considerations, and community safety measures.
Demographics
Highland County, Ohio, shows a nearly balanced gender ratio among adults, with a slight lean towards females. Education-wise, a substantial portion of the population finished high school, but fewer hold advanced degrees, suggesting potential opportunities for higher education initiatives. The age distribution indicates a relatively even spread across age groups, but there's a notable concentration in older demographics, which might hint at a growing demand for retirement services. Racially, the... Read more
Race Distribution in Highland County, Ohio (2022)
Educational Attainment in Highland County, Ohio (2022)
Age Distribution in Highland County, Ohio
Citizen Population in Highland County, Ohio (2022)
Political Trends & Data
Highland County, Ohio leaned heavily Republican in the 2020 Presidential Election, with nearly 80.00% of the vote. Democrats garnered just under 20.00%, and Libertarians along with other parties captured minimal support. This strong conservative preference suggests a deeply entrenched political landscape, which may influence future elections and policy decisions in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Highland County, Ohio leaned heavily Republican in the 2020 U.S. Presidential Election with nearly 80% of the vote, while Democrats garnered just under 20%. Libertarians and other parties captured minimal support, suggesting a strong conservative preference among voters. This trend could point to a deeply entrenched political landscape, impacting future elections and policy decisions in the county.
79.68% of voters voted for the Republican party in the 2020 Presidential Election
19.31% of voters voted for the Democrat party in the 2020 Presidential Election
0.74% of voters voted for the Livertarian party in the 2020 Presidential Election
0.27% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Highland County, Ohio has decreased from 19 in 2014 to around 17.3 in recent years, though it has risen slightly to 17.73 by 2023. This trend suggests smaller class sizes, potentially enhancing educational experiences compared to the national average of 14 students per teacher. For real estate professionals, this could signify an attractive point for promoting properties, while insurance agents and builders might adjust their strategies to account for the area's... Read more
Student-to-teacher ratio in Highland County, Ohio over the last 9 years
The student-to-teacher ratio in Highland County, Ohio has steadily decreased from 19 in 2014 to around 17.3 in recent years, although it has slightly risen to 17.73 by 2023. For anyone considering investing in property or moving to the area, this lower ratio may suggest smaller class sizes, which could improve your child's educational experience compared to the national average of 14 students per teacher. Real estate agents and appraisers might find this trend appealing as it could enhance the attractiveness of local school systems, potentially impacting property values positively. Insurance agents and builders could also see implications for pricing and development strategies, given that family-centric services like schools are critical to the community's growth and desirability.
