Huron County Real Estate and Livability Trends
Huron County, Ohio's real estate market has shown steady growth with median home values rising from $116,100 in 2015 to $151,600 in 2022, suggesting the area offers relatively affordable investment opportunities compared to broader state and national markets. The increased adoption of energy-efficient upgrades, highlighted by a $3,475.00 average residential energy tax credit in 2018, could make... Read more
Huron County Market Trends
Huron County, Ohio, has seen a moderate but steady rise in median home values from $116,100 in 2015 to $151,600 in 2022, offering potentially more affordable investments compared to Ohio as a whole and the national market. A significant spike in the average residential energy tax credit in 2018 to $3,475.00 suggests increased adoption of energy-efficient upgrades, adding appeal to the local... Read more
Median Value of Occupied Housing Units in Huron County, Ohio Over the Last 8 Years
Huron County, Ohio has experienced a consistent but moderate increase in median home values over the past eight years, growing from $116,100 in 2015 to $151,600 in 2022. Comparatively, the state of Ohio saw a sharper rise, with values jumping from $129,900 to $183,300 during the same period. Meanwhile, the national median moved from $125,500 in 2015 to a substantial $179,400 in 2022. This indicates that while Huron County's housing market is developing, it may offer relatively more affordable investment opportunities than both broader state and national markets.
Residential Energy Tax Credit Per Tax Return in Huron County, OH Over the Last 9 Years
Over the past nine years, Huron County, Ohio has seen significant fluctuations in the average residential energy tax credit per tax return. Notably, 2018 experienced a dramatic spike to $3,475.00, suggesting a major investment in energy-efficient upgrades or perhaps an incentive change. Though these averages normalized somewhat in subsequent years, they still maintained higher values than the earlier part of the decade, peaking interest. For potential investors, property developers, insurance agents, and real estate professionals, this trend highlights a growing awareness and adoption of energy-efficient improvements in residential properties, which could correlate with higher property values and greater market appeal.
Average Real Estate Taxes Per Tax Return in Huron County, OH Over the Last 10 Years
Huron County, Ohio has seen a notable increase in average real estate taxes per tax return over the past decade, with a significant jump from $1,979.18 in 2012 to $3,398.15 in 2021. This trend suggests rising property values and potentially increasing demand in the area. For prospective investors and real estate agents, these figures highlight a growing market, while appraisers and insurance agents might note the rising costs impacting property valuations and insurance premiums. For those considering a move or new construction, be aware of the steadily climbing taxes as part of your financial planning.
Percentage of Farm Returns in Huron County, OH Over the Last 10 Years
Over the past 10 years, Huron County, Ohio has seen a slight but noticeable decline in the percentage of farm tax returns. In 2012, approximately 2.69% of tax returns were from farms, dropping to around 2.45% by 2021. This gradual decrease may indicate a shift in the agricultural landscape or land use in the county, which could be a critical factor for those looking to invest, build property, or move to the area. Farm tax returns often reflect the economic health and viability of farming in a region, potentially affecting land values, local employment, and community development.
Number of Mortgages by Occupancy Type in Huron County, OH Over the Last 5 Years in Huron County
Huron County, Ohio has seen varying mortgage activity across different occupancy types over the past five years, with principal residences consistently dominating the landscape. Particularly notable is the busy year of 2021, where mortgages for principal residences surged. This type of dynamic could suggest a strong local demand for stable housing, likely influencing real estate values, insurance premiums, and the priorities of investors. A rising trend in investment property mortgages, though relatively smaller in scale, might be pointing to growing interest in rental markets or speculative investments. Shifts in these patterns can help investors, real estate agents, and insurers better forecast and strategize, ensuring informed decisions about property development or market entry.
Economic Outlook
Huron County, Ohio has experienced a steady rise in average taxable income per tax return, climbing from $44,113.42 in 2013 to $57,981.59 in 2021, signaling a possible positive economic trajectory. Additionally, there has been a significant uptick in state and local income taxes, which more than doubled from $5,028.15 in 2012 to $11,149.06 in 2021, suggesting increasing costs for residents. The upward trend in total tax liability, reaching $7,657.01 in 2021, may point to gradual income growth... Read more
Average Taxable Income per Tax Return in Huron County, OH over the last 9 years
The data highlights a steady increase in average taxable income per tax return in Huron County, Ohio over the past nine years, starting at $44,113.42 in 2013 and climbing to $57,981.59 by 2021. This growth could signal a positive economic trajectory for the area, making it an attractive prospect for investors and anyone interested in property development. Such trends may also interest real estate agents and appraisers looking to gauge market dynamics, as well as insurance agents evaluating potential coverage needs based on resident incomes.
Average State and Local Income Taxes Per Tax Return in Huron County, OH Over the Last 10 Years
Over the last decade, Huron County, Ohio has seen a notable increase in average state and local income taxes per tax return, with especially sharp rises starting in 2018. The figures ranged from $5,028.15 in 2012 to $11,149.06 in 2021. This trend suggests potential escalating costs for existing residents and may impact property values, attractiveness for newcomers, and overall financial planning for potential investors and real estate ventures. Additionally, this shift may be relevant for appraisers and insurance agents as it could affect coverage needs and valuation models.
Average Total Tax Liability Per Tax Return in Huron County, OH Over the Last 10 Years
Huron County, Ohio has seen a general increase in average total tax liability per tax return over the past decade, reflecting an upward economic trend. Starting at $5,770.45 in 2012, it peaked at $7,657.01 in 2021, suggesting gradual income growth or higher effective tax rates. These fluctuations are key for investors and property appraisers to gauge the evolving financial landscape. Real estate agents and insurers should note this trend for more accurate forecasting and risk assessments.
Cost of Living in Huron County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,050 | $1,359 | $1,997 | $1,483 | $1,112 |
| 1 adult 4 children | $1,050 | $1,110 | $1,528 | $1,483 | $1,205 |
| 2 adults 3 children | $1,050 | $1,110 | $1,732 | $1,483 | $907 |
| 1 adult 3 children | $1,050 | $907 | $1,263 | $1,483 | $969 |
| 2 adults 2 children | $810 | $909 | $1,467 | $1,293 | $783 |
| 1 adult 2 children | $810 | $679 | $998 | $1,293 | $732 |
| 2 adults 1 child | $810 | $718 | $1,203 | $678 | $706 |
| 1 adult 1 child | $810 | $464 | $734 | $678 | $574 |
| 2 adults | $615 | $577 | $938 | $0 | $547 |
| 1 adult | $599 | $315 | $469 | $0 | $467 |
Safety trends & Data
Huron County, Ohio has seen fluctuating property crime rates over the past five years, with notable peaks in burglary and larceny-theft in 2019. Since then, incidents of these crimes have generally declined, with larceny-theft dropping to 30 cases by 2022. Interestingly, fraud and vandalism remained relatively steady, and motor vehicle theft was almost negligible. This potential reduction in property crime could attract real estate investors and homeowners by suggesting lower safety risks and... Read more
Property Crime Trends in Huron County, OH Over the Last 5 Years
Over the past five years in Huron County, Ohio, property crimes have shown noteworthy fluctuations. Burglary incidents peaked in 2019 at 11 cases but saw a lower frequency in subsequent years. Larceny-theft, the most common property crime, also saw a high in 2019 with 47 incidents but declined to 30 cases by 2022. Notably, fraud and vandalism remained relatively steady, while motor vehicle theft was almost negligible throughout the period. These trends suggest a potential reduction in property crime risks, appealing to real estate investors, homeowners, and insurance agents evaluating the area’s safety and investment viability.
Demographics
In Huron County, Ohio, the adult population split reveals a near-equal distribution between males and females, suggesting a balanced demographic. The educational attainment data hints that many residents have at least a high school diploma, yet a smaller fraction pursue higher education, which might impact local economic development. The age distribution appears to be skewing slightly towards older adults, with significant numbers in the 55-64 and 65-74 age brackets, indicating potential future... Read more
Race Distribution in Huron County, Ohio (2022)
Educational Attainment in Huron County, Ohio (2022)
Age Distribution in Huron County, Ohio
Citizen Population in Huron County, Ohio (2022)
Political Trends & Data
In Huron County, Ohio, the 2020 U.S. Presidential Election results hint at a notable Republican dominance, with GOP candidates potentially capturing around 70% of the votes. The Democratic party trailed behind with roughly 29%, while third-party candidates, like Libertarians, seemed to stay on the fringe, barely making a dent with just over 1%. This voting pattern may suggest a solidly Republican-leaning electorate in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Huron County, Ohio, Republican candidates may have held a significant lead in the 2020 U.S. Presidential Election, potentially capturing around 70% of the votes, while Democrats seemed to trail with roughly 29%. The presence of third-party candidates, such as Libertarians, appeared minimal, attracting just over 1% of the vote, with other parties barely making a mark. This distribution could suggest a strong Republican leaning in the county's political landscape.
69.72% of voters voted for the Republican party in the 2020 Presidential Election
28.54% of voters voted for the Democrat party in the 2020 Presidential Election
1.42% of voters voted for the Livertarian party in the 2020 Presidential Election
0.32% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Huron County, Ohio, the student-to-teacher ratio has varied over the past nine years, hitting a low of 17 in 2020 and peaking at 19 in both 2021 and 2023. This ratio consistently surpasses the national average of 14, suggesting larger class sizes that might influence educational quality and classroom dynamics. For investors, parents, or real estate professionals, these figures could indicate potential pressures on educational resources and impact decisions on moving to or investing in Huron... Read more
Student-to-teacher ratio in Huron County, Ohio over the last 9 years
In Huron County, Ohio, the student-to-teacher ratio has fluctuated over the past nine years, oscillating between a low of 17 in 2020 and a high of 19 in 2021, ending up at nearly 19 in 2023. This ratio consistently hovers above the national average of 14 students per teacher, indicating larger class sizes that might influence educational quality and classroom dynamics. For prospective investors, parents, or real estate professionals, these figures could signify potential pressures on educational resources and impact decisions on moving to or investing in Huron County. Larger class sizes may affect student performance and teacher workload, which can play a crucial role in the community’s overall educational attractiveness.
