Logan County Real Estate and Livability Trends
Logan County, Ohio, has seen average taxable incomes rise from $47,203.80 in 2013 to $63,989.06 in 2021, suggesting a healthier local economy. Median home values increased from $119,400 in 2015 to $168,300 in 2022, indicating a strong, though not leading, growth trend. Real estate taxes nearly doubled to $4,438.71 by 2021, possibly reflecting higher demand for local services. Investment property... Read more
Logan County Market Trends
In Logan County, Ohio, the median home values have shown a steady increase from $119,400 in 2015 to $168,300 in 2022, although this growth trails behind Ohio's state median and the national median. The significant rise in residential energy tax credits per tax return, peaking at $3,060.00 in 2018, hints at a surge in energy-efficient investments and policies, potentially causing higher property... Read more
Median Value of Occupied Housing Units in Logan County, Ohio Over the Last 8 Years
Over the past eight years, Logan County, Ohio has seen a steady rise in median home values, from $119,400 in 2015 to $168,300 in 2022. This growth seems to lag behind the national median, which jumped from $125,500 to $179,400 in the same period, and Ohio state median values, which increased from $129,900 to $183,300. For those considering investing, moving, or developing property in Logan County, this trend suggests a gradually appreciating market, although it hasn't climbed as rapidly as either state or national figures.
Residential Energy Tax Credit Per Tax Return in Logan County, OH Over the Last 9 Years
Logan County, Ohio has seen some interesting fluctuations in residential energy tax credits per tax return over the past nine years. In 2018, residents saw a significant spike with an average credit reaching $3,060.00, potentially indicating a surge in energy-efficient home investments or favorable policy changes during that period. More recently, credits have stabilized somewhat but remain higher than earlier years, with 2021's average credit at $950.00. This upward trend may suggest a growing local emphasis on energy efficiency, which could be an attractive factor for potential homeowners and real estate investors looking to capitalize on energy savings in the area. This pattern also has potential implications for property values and insurance premiums, as homes with better energy efficiency often yield higher appraisals and could offer lower risk for insurers.
Average Real Estate Taxes Per Tax Return in Logan County, OH Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in Logan County, Ohio, have shown a steady upward trend. Starting at roughly $2,350.22 in 2012, the taxes have nearly doubled to about $4,438.71 by 2021. This significant rise may affect property values and insurance premiums, presenting both challenges and opportunities for investors, homebuyers, and real estate agents considering the area. This trend suggests a possibly growing demand for local services, impacting cost of living and potentially shifting the dynamics within the real estate market.
Percentage of Farm Returns in Logan County, OH Over the Last 10 Years
Farm tax returns in Logan County, Ohio, have gradually declined over the past decade, from 3.91% in 2012 to 3.27% in 2021. This trend may suggest a shrinking agricultural presence or a shift in land use within the county. Prospective investors, property developers, or those considering moving to Logan County might view this as an indicator of evolving economic activity, potentially signaling shifts away from traditional farming toward other forms of land utilization or economic sectors.
Number of Mortgages by Occupancy Type in Logan County, OH Over the Last 5 Years in Logan County
The trends in Logan County, Ohio, show an interesting shift in mortgage types over the past five years, with a clear dominance of principal residence mortgages compared to investment or second residences. Yet, principal residence mortgages have seen some fluctuation, particularly peaking in 2020 and 2021 before settling slightly in 2022. Investment property mortgages, although comparatively lower in numbers, have gradually increased, suggesting a potential rise in investor interest. The number of second residence mortgages remains relatively stable but saw a spike in 2021, hinting at possibly increased interest due to the pandemic. Changes in occupancy type are crucial as they highlight economic and demographic shifts in the area, influencing everything from housing demand and property values to insurance premiums and rental market dynamics. Investors, for instance, might find the rise in investment property mortgages over recent years as an indicator of growing rental market potential. Similarly, residents planning to move might gauge community stability and neighborhood growth trends based on principal residence mortgage patterns. These details are invaluable for appraisers, real estate agents, and insurance agents alike, as they offer insights into market trends and potential future developments in the county.
Economic Outlook
Logan County, Ohio, has seen a notable increase in average taxable income, from $47,203.80 in 2013 to $63,989.06 in 2021, hinting at a healthier economic environment. State and local income taxes have also fluctuated significantly, peaking at $10,616.39 in recent years. Rising total tax liabilities, hitting $8995.68 in 2021, could signal growing incomes or property values, making the area increasingly attractive for investors and real estate developers. These trends might imply evolving... Read more
Average Taxable Income per Tax Return in Logan County, OH over the last 9 years
Logan County, Ohio has experienced a notable upward trend in average taxable income over the past nine years, with numbers increasing from approximately $47,203.80 in 2013 to around $63,989.06 in 2021. This growth could signal a healthier economic environment, potentially attracting investors and real estate developers. For insurance agents and appraisers, the rising incomes may translate to higher property values and, consequently, adjustments in coverage and valuations. Real estate agents might see increased demand as the county becomes a more attractive area for new residents.
Average State and Local Income Taxes Per Tax Return in Logan County, OH Over the Last 10 Years
In the last decade, Logan County, Ohio saw significant fluctuations in average state and local income taxes per tax return, ranging from $4,645.21 to $10,616.39. Starting with relatively stable figures around $4,900 to $5,100, the rate suddenly jumped in 2018 to $7,182.19 and continued climbing through 2021. This marked increase, particularly the dramatic rise over the last four years, could be noteworthy for potential investors and real estate agents, as it might imply shifting economic conditions or policy changes affecting residents' disposable income. For insurance agents and appraisers, these trends might suggest evolving financial planning needs and property valuations within the county.
Average Total Tax Liability Per Tax Return in Logan County, OH Over the Last 10 Years
Over the past decade, Logan County, Ohio has exhibited a fluctuating yet generally upward trend in average total tax liability per tax return, peaking significantly in 2021 at $8995.68. This increase in tax liability could indicate rising incomes or property values, which may interest potential investors and real estate agents. The spike seen in recent years might also suggest stronger economic growth or changes in tax policies affecting the area. Such trends are important for appraisers, insurance agents, and anyone considering building or moving to the county, providing insight into the economic health and financial demands of residing there.
Cost of Living in Logan County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,068 | $1,359 | $1,741 | $1,483 | $1,047 |
| 1 adult 4 children | $1,068 | $1,110 | $1,331 | $1,483 | $1,149 |
| 2 adults 3 children | $1,068 | $1,110 | $1,512 | $1,483 | $851 |
| 1 adult 3 children | $1,068 | $907 | $1,101 | $1,483 | $927 |
| 2 adults 2 children | $832 | $909 | $1,282 | $1,293 | $752 |
| 1 adult 2 children | $832 | $679 | $871 | $1,293 | $709 |
| 2 adults 1 child | $832 | $718 | $1,052 | $678 | $683 |
| 1 adult 1 child | $832 | $464 | $641 | $678 | $564 |
| 2 adults | $632 | $577 | $822 | $0 | $530 |
| 1 adult | $615 | $315 | $411 | $0 | $461 |
Safety trends & Data
Logan County, Ohio exhibits fluctuating property crime trends over the past five years, with larceny-theft consistently dominating reports. This category peaked at 62.00 cases in 2021 before dropping to 46.00 in 2022. Vandalism showed a moderate increase, reaching 12.00 cases in 2021, while burglary incidents ranged between 3.00 to 9.00 annually. Motor vehicle theft remained minimal, suggesting a varying yet present concern for property-related crimes that could impact investor and resident... Read more
Property Crime Trends in Logan County, OH Over the Last 5 Years
Logan County, Ohio shows fluctuating trends in property crime over the last five years, with notable peaks in certain categories. Larceny-theft consistently dominates the crime reports, hitting a high of 62.00 cases in 2021 before dipping slightly to 46.00 in 2022. Vandalism also saw a moderate increase, reaching a peak of 12.00 in 2021. Meanwhile, burglary incidents ranged between 3.00 to 9.00 annually, and motor vehicle theft showed minimal activity. These trends underscore a varying but present concern for property-related crimes, relevant for potential investors, residents, and real estate professionals considering the security landscape of Logan County.
Demographics
Logan County, Ohio displays a relatively balanced distribution between males and females in its adult population, suggesting a stable demographic structure. Educational attainment trends indicate a strong emphasis on high school education, with a significant portion achieving some college education or an associate's degree. The age distribution highlights a sizeable older population, which could hint at a growing need for services catering to retirees and seniors. Racially, the county is... Read more
Race Distribution in Logan County, Ohio (2022)
Educational Attainment in Logan County, Ohio (2022)
Age Distribution in Logan County, Ohio
Citizen Population in Logan County, Ohio (2022)
Political Trends & Data
So, Logan County, Ohio, leaned pretty heavily Republican in the 2020 U.S. Presidential Election, with the GOP snagging around 77% of the votes. The Democrats picked up a bit over 21%, and minor parties didn't make much of an impact. This could imply a steady conservative tilt in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Logan County, Ohio, saw a significant tilt towards the Republican Party in the 2020 U.S. Presidential Election, with nearly 77% of votes. The Democratic Party garnered just over 21%, while minor parties like the Libertarians and others barely made a dent. The strong Republican preference could suggest consistent conservative leanings in this region.
76.87% of voters voted for the Republican party in the 2020 Presidential Election
21.63% of voters voted for the Democrat party in the 2020 Presidential Election
1.16% 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
Logan County, Ohio's student-to-teacher ratio has hovered around sixteen to seventeen students per teacher over the last nine years, compared to the national average of fourteen. This higher ratio may indicate larger class sizes, which could influence decisions for families prioritizing education. Understanding these trends can be useful for real estate agents, investors, and other stakeholders when evaluating property values and community... Read more
Student-to-teacher ratio in Logan County, Ohio over the last 9 years
Logan County, Ohio has seen its student-to-teacher ratio fluctuate slightly over the last nine years, starting at about seventeen students per teacher in 2014, peaking at sixteen in 2022, and settling around sixteen in 2023. Compared to the national average of fourteen students per teacher, Logan County tends to have slightly higher ratios, which might imply larger class sizes. For potential investors, residents, and real estate agents, this could affect decisions on moving into the area, especially for families prioritizing education. Additionally, insurance agents and appraisors may find these figures helpful in determining local property values and risk assessments based on community infrastructure.
