Hocking County Real Estate and Livability Trends
Hocking County, Ohio has witnessed a notable rise in average taxable income from about $41,518.41 in 2013 to $55,853.13 in 2021, hinting at economic growth that could be appealing to real estate investors. The surge in average state and local income taxes from $4,266.07 in 2012 to $8,973.07 by 2021 further suggests rising incomes and a growing tax base. Home values have also jumped significantly,... Read more
Hocking County Market Trends
In Hocking County, Ohio, home values surged from $110,600 in 2015 to $164,100 in 2022, outpacing initial local rates but still behind state and national figures. Residential energy tax credits peaked in 2019 and 2020, exceeding $1,400.00 and $1,600.00 per tax return, hinting at a focus on energy-efficient upgrades. Real estate taxes also rose dramatically, from about $2,278.57 in 2012 to... Read more
Median Value of Occupied Housing Units in Hocking County, Ohio Over the Last 8 Years
Over the past eight years, median home values in Hocking County, Ohio have shown a strong upward trend, increasing from $110,600 in 2015 to $164,100 in 2022. While Hocking County's growth might appear impressive, it still trails behind both the state of Ohio, which rose from $129,900 to $183,300, and national figures that jumped from $125,500 to $179,400 within the same timeframe. This potentially makes Hocking County an attractive market for investors looking for growth opportunities, or homebuyers seeking more affordable options compared to broader state and national prices.
Residential Energy Tax Credit Per Tax Return in Hocking County, OH Over the Last 8 Years
Over the last eight years in Hocking County, Ohio, residential energy tax credits have shown significant fluctuations, peaking dramatically in 2019 and 2020 at over $1,400.00 and $1,600.00 per tax return, respectively. This spike highlights an increasing investment in energy-efficient home improvements, which may interest potential investors, builders, and real estate agents. More recently, in 2021, the average tax credit dipped slightly to $1,276.92, suggesting a potential stabilization. These trends could be relevant for those looking to understand the evolving priorities and financial incentives for sustainable living in the area.
Average Real Estate Taxes Per Tax Return in Hocking County, OH Over the Last 10 Years
Over the last decade, Hocking County, Ohio has seen a notable increase in real estate taxes per tax return, starting at roughly $2,278.57 in 2012 and escalating to approximately $3,865.38 by 2021. Significant jumps, particularly from 2017 to 2018 and from 2018 to 2019, suggest potential shifts in property values or assessment strategies. These evolving trends might indicate Hocking County is being impacted by broader economic factors, making it crucial for potential investors, homeowners, and industry professionals to closely monitor these changes when making decisions in the local real estate market.
Percentage of Farm Returns in Hocking County, OH Over the Last 10 Years
Over the last decade, farm tax returns in Hocking County, Ohio, have seen a slight but noticeable decrease. Starting at a high of approximately 2.71% in 2012, the percentage landed around 2.44% in 2021. Farm tax returns represent the proportion of tax filings attributed to agricultural activities, a useful metric for gauging the health and focus of the local agricultural sector. This subtle downward trend could suggest shifts in economic focus or the impact of broader agricultural industry changes. Potential investors or residents might find this data useful when considering the economic landscape and potential opportunities in the area.
Number of Mortgages by Occupancy Type in Hocking County, OH Over the Last 5 Years in Hocking County
In Hocking County, Ohio, the mortgage market shows significant variability in terms of occupancy types over the last five years. Principal residences have consistently led in mortgage counts, peaking in 2021 with a slight decline in subsequent years. Investment properties and second residences have seen more fluctuations, with notable increases in investment property mortgages from 2018 to 2022 and ups and downs for second residences. These shifts indicate potential changes in market demand and property utilization, impacting investment decisions, property valuations, and insurance considerations. Understanding these dynamics can help buyers, investors, and real estate professionals align their strategies with the evolving trends in the county’s housing market.
Economic Outlook
Hocking County, Ohio has seen an upward trend in average taxable income per tax return, rising from about $41,518.41 in 2013 to $55,853.13 by 2021. This gradual increase hints at economic improvement, which might attract real estate investors and developers. Meanwhile, the average state and local income taxes have surged from $4,266.07 in 2012 to $8,973.07 in 2021, suggesting a growing tax base or rising incomes. Also, the average total tax liability per tax return has seen notable increases,... Read more
Average Taxable Income per Tax Return in Hocking County, OH over the last 9 years
Over the past nine years, Hocking County, Ohio has generally seen an upward trend in average taxable income per tax return. Starting at approximately $41,518.41 in 2013, the average income gradually increased to $55,853.13 by 2021. This suggests a slow but steady economic improvement, which could pique the interest of investors and real estate professionals considering the area for development. For insurance agents and appraisers, the increasing income levels might indicate the need to reassess property values and insurance premiums.
Average State and Local Income Taxes Per Tax Return in Hocking County, OH Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Hocking County, Ohio have seen a significant uptick, growing from $4,266.07 in 2012 to $8,973.07 in 2021. This consistent rise, particularly sharp from 2018 onwards, may suggest a broadening tax base or increasing incomes. For investors and real estate agents, this trend could imply a potentially more affluent local population, while appraisers and insurance agents might need to account for higher property valuations. Such tax trends are also worth noting for those considering moving to the area, as they reflect broader economic and policy shifts.
Average Total Tax Liability Per Tax Return in Hocking County, OH Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Hocking County, Ohio has generally risen, reflecting the broader economic and possibly demographic shifts in the region. Key peaks include a notable increase in 2015 at $6,354.14 and another significant rise in 2020 and 2021, with 2021 hitting a high of $7,173.12. These fluctuations might hint at factors such as rising property values or shifts in average income levels, providing critical insight for potential investors, real estate agents, and those looking to move to the area.
Cost of Living in Hocking County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,114 | $1,319 | $2,019 | $1,034 | $1,004 |
| 1 adult 4 children | $1,114 | $1,077 | $1,553 | $1,034 | $1,075 |
| 2 adults 3 children | $1,114 | $1,078 | $1,747 | $1,034 | $799 |
| 1 adult 3 children | $1,114 | $880 | $1,281 | $1,034 | $843 |
| 2 adults 2 children | $794 | $882 | $1,475 | $935 | $696 |
| 1 adult 2 children | $794 | $659 | $1,009 | $935 | $621 |
| 2 adults 1 child | $794 | $697 | $1,203 | $615 | $690 |
| 1 adult 1 child | $794 | $450 | $738 | $615 | $560 |
| 2 adults | $606 | $560 | $931 | $0 | $545 |
| 1 adult | $602 | $305 | $466 | $0 | $470 |
Safety trends & Data
Hocking County, Ohio has seen fluctuating property crime trends over the past five years. Burglary arrests spiked to 34.0 in 2019 but plummeted to 6.0 by 2022. Larceny-theft, the most frequent property crime, hit a high of 89.0 in 2018 before dropping to 25.0 by 2022. Motor vehicle theft has stayed low and relatively unchanged, maxing out at 10.0 in 2018. These shifts in crime rates could be vital for investors, real estate agents, and residents assessing the county's economic and safety... Read more
Property Crime Trends in Hocking County, OH Over the Last 5 Years
Hocking County, Ohio has experienced varied trends in property crime over the past five years. Particularly notable is the peak in burglary arrests in 2019 with a value of 34.0, which subsequently dropped to just 6.0 by 2022. Larceny-theft remains the most common property crime, peaking at 89.0 in 2018 but showing a significant decrease to 25.0 by 2022. Motor vehicle theft remains relatively low and stable, with a maximum of 10.0 in 2018 and minimal activity thereafter. These trends may indicate evolving patterns in criminal activity, which could be relevant for investors, real estate agents, and residents considering the county's future economic and safety outlook.
Demographics
Hocking County, Ohio, reveals a fairly balanced gender distribution with males slightly outnumbering females. Educational attainment shows a significant segment holding just a high school diploma, suggesting potential for initiatives aimed at higher education. Age-wise, the county seems to lean towards an older demographic, with a noticeable spike in the 55 to 64 age range. The racial composition is overwhelmingly White, hinting at limited ethnic diversity which might affect cultural and policy... Read more
Race Distribution in Hocking County, Ohio (2022)
Educational Attainment in Hocking County, Ohio (2022)
Age Distribution in Hocking County, Ohio
Citizen Population in Hocking County, Ohio (2022)
Political Trends & Data
In Hocking County, Ohio, the 2020 U.S. Presidential Election results indicated a strong Republican leaning, with nearly 70% of the vote favoring the GOP. This could imply that the local real estate market may favor conservative-leaning policies and community values. Potential buyers or investors might see the area as more stable or aligned with traditional values, which may affect property demand and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Hocking County, Ohio, the 2020 U.S. Presidential Election results leaned heavily Republican, with roughly 70% of the vote. Democrats garnered just under 30%, suggesting a significant tilt toward conservative values. Minor parties like the Libertarians and others made a negligible impact, highlighting a clear political preference among voters.
70.44% of voters voted for the Republican party in the 2020 Presidential Election
28.07% of voters voted for the Democrat party in the 2020 Presidential Election
1.17% 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 Hocking County, Ohio, the student-to-teacher ratio has varied over the past nine years, peaking at 17 students per teacher in 2017 and leveling off at about 15 students per teacher in 2022. This ratio consistently surpasses the national average of 14 students per teacher, potentially indicating larger class sizes. For real estate agents and potential investors, this could mean a slight concern for families prioritizing education quality. Property values and insurance premiums might also be... Read more
Student-to-teacher ratio in Hocking County, Ohio over the last 9 years
The student-to-teacher ratio in Hocking County, Ohio has fluctuated over the past nine years, reaching as high as 17 students per teacher in 2017 and dropping to approximately 15 students per teacher in 2022. This ratio has generally been above the national average, which is 14 students per teacher. For investors, real estate agents, and those considering moving to the area, the higher ratio could imply larger class sizes, which might impact the quality of education and appeal to families. Appraisers and insurance agents might also find this data relevant, as it could influence property values and insurance premiums. Those interested in developing or building properties might see potential in advocating for educational improvements as a selling point.
