Meigs County Real Estate and Livability Trends
In Meigs County, Ohio, the average taxable income has climbed from $40,754.46 in 2013 to $51,247.07 in 2021, possibly hinting at economic stability. The median home value rose from $84,900.00 in 2015 to $104,400.00 in 2022, which might offer affordable market entry points. Interestingly, residential energy tax credits per tax return surged from $361.90 in 2013 to $1,222.22 in 2020, suggesting a... Read more
Meigs County Market Trends
In Meigs County, Ohio, the median home value experienced a modest rise from $84,900.00 in 2015 to $104,400.00 in 2022, lagging behind state and national growth rates. This could offer more affordable market entry points for potential buyers. Residential energy tax credits per tax return surged from $361.90 in 2013 to $1,222.22 in 2020, reflecting increasing local investments in energy-efficient... Read more
Median Value of Occupied Housing Units in Meigs County, Ohio Over the Last 8 Years
Over the last 8 years, the median home value in Meigs County, Ohio, has shown a steady increase, rising from $84,900.00 in 2015 to $104,400.00 in 2022. This pace lags behind both Ohio's statewide growth, which went from $129,900.00 to $183,300.00 during the same period, and national trends, where values jumped from $125,500.00 to $179,400.00. For potential investors or individuals considering a move, this slower appreciation might suggest more affordable entry points into the market, without the sharp spikes seen in broader state and national figures.
Residential Energy Tax Credit Per Tax Return in Meigs County, OH Over the Last 8 Years
Over the last eight years in Meigs County, Ohio, the average residential energy tax credit per tax return has demonstrated notable fluctuation. Starting at $361.90 in 2013, it saw a slight increase in 2014 and 2015 before jumping to $490.00 in 2016. The most significant rises occurred between 2019 and 2020, where the average credit spiked from $785.71 to $1,222.22 respectively. Although it slightly decreased to $1,044.44 in 2021, the recent trend suggests a pronounced increase in residential energy investments, indicating potential growing local interest in energy-efficient home improvements. Real estate agents, investors, insurers, and appraisers might see this as a burgeoning market sector, with implications for property values and homeowner expenses.
Average Real Estate Taxes Per Tax Return in Meigs County, OH Over the Last 10 Years
Meigs County, Ohio has seen a noticeable fluctuation in average real estate taxes per tax return over the past decade. From $1,758.18 in 2012, taxes dropped slightly in 2013 to $1,681.90, then generally increased, peaking at $2,700.00 in 2020, before a slight decrease to $2,300.00 in 2021. This trend could indicate a variety of underlying factors including local economic shifts or changes in property values, which are crucial for potential investors, real estate agents, and those considering moving to the area to consider.
Percentage of Farm Returns in Meigs County, OH Over the Last 10 Years
Meigs County, Ohio has shown a subtle yet noticeable decline in the percentage of farm tax returns over the past decade, starting at approximately 5.33% in 2012 and dipping to around 4.27% in 2021. Farm tax returns, which indicate the number of tax filings specifically related to agricultural income, provide insights into the viability and attractiveness of farming as an occupation in the region. This trend suggests a slight reduction in farm-related activities, which could be a critical consideration for those looking to invest in or move to the area, indicating potential shifts in the economic landscape and land use patterns.
Number of Mortgages by Occupancy Type in Meigs County, OH Over the Last 5 Years in Meigs County
Over the last five years, Meigs County, Ohio has shown a strong preference for principal residences with a notable spike in 2020 and 2021. Meanwhile, investment property mortgages have seen a downward trend, and second residences fluctuate but remain low. These trends could suggest a stable, family-oriented community making it appealing for long-term investments and primary residence purchases. Real estate agents might find marketing principal residences more lucrative, while appraisers and insurance agents should consider the dominance of primary homes in their evaluations and underwriting. For property developers, focusing efforts on residential rather than investment-specific ventures could be more aligned with local demand.
Economic Outlook
Meigs County, Ohio has experienced a steady rise in the average taxable income per tax return, climbing from $40,754.46 in 2013 to $51,247.07 in 2021. This could hint at growing economic stability and increased earning potential, which might attract investors and developers. The county's state and local income taxes per tax return have shown considerable volatility, ranging from $3,484.48 in 2012 to a peak of $5,816.67 in 2019. This tax fluctuation suggests a dynamic economic environment that... Read more
Average Taxable Income per Tax Return in Meigs County, OH over the last 9 years
Over the last nine years, Meigs County, Ohio has seen a steady increase in the average taxable income per tax return, starting from $40,754.46 in 2013 to $51,247.07 in 2021. This upward trend may suggest a growing economic stability and increased earning potential for residents, which could be enticing for potential investors, homebuyers, and developers. With average taxable incomes rising by about $10,000 over the observed period, stakeholders might view Meigs County as a promising location for economic growth and property investment.
Average State and Local Income Taxes Per Tax Return in Meigs County, OH Over the Last 10 Years
Meigs County, Ohio has seen notable fluctuations in average state and local income taxes per tax return over the last decade, with amounts ranging from $3,484.48 in 2012 to a peak of $5,816.67 in 2019. Such volatility, peaking particularly in recent years, indicates a potentially dynamic economic environment. For investors, real estate agents, and insurance agents, understanding these trends might be crucial as they can reflect changes in local economic policies or demographic shifts. Tax volatility could influence decisions on moving, property valuation, and investment opportunities within the county.
Average Total Tax Liability Per Tax Return in Meigs County, OH Over the Last 10 Years
Over the last decade in Meigs County, Ohio, the average total tax liability per tax return has shown a general upward trend with some fluctuations. Starting at approximately $4,894.32 in 2012, the tax liability saw a notable increase, peaking at around $6,203.29 in 2021. This suggests a gradual rise in income levels or changes in tax policy, which might reflect economic growth or shifts in the local financial landscape. For potential investors, real estate agents, and new residents, understanding these tax trends is crucial as it could impact disposable income, property values, and overall cost of living in the area.
Cost of Living in Meigs County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $968 | $1,395 | $2,008 | $1,320 | $1,077 |
| 1 adult 4 children | $968 | $1,140 | $1,537 | $1,320 | $1,159 |
| 2 adults 3 children | $968 | $1,140 | $1,742 | $1,320 | $864 |
| 1 adult 3 children | $968 | $931 | $1,270 | $1,320 | $916 |
| 2 adults 2 children | $794 | $933 | $1,476 | $1,154 | $775 |
| 1 adult 2 children | $794 | $697 | $1,004 | $1,154 | $717 |
| 2 adults 1 child | $794 | $738 | $1,210 | $615 | $712 |
| 1 adult 1 child | $794 | $476 | $738 | $615 | $574 |
| 2 adults | $693 | $593 | $943 | $0 | $592 |
| 1 adult | $531 | $323 | $472 | $0 | $455 |
Safety trends & Data
In Meigs County, Ohio, property crime trends have varied over the last five years, causing frequent recalculations for property appraisers and investors. Fluctuating burglary rates peaked at 8.0 in 2019, then settled to 4.0 in 2022, suggesting shifts in community vigilance or law enforcement tactics. Larceny-theft incidents remain relatively consistent between 3.0 and 5.0, providing steady risk assessments for insurance agents. The introduction of motor vehicle theft at 2.0 in 2022 could impact... Read more
Property Crime Trends in Meigs County, OH Over the Last 5 Years
Meigs County, Ohio has shown variable property crime trends over the last five years, likely causing frequent recalculations for property appraisers and consideration for potential investors. Noticeable fluctuations include a spike in burglary incidents, peaking at 8.0 in 2019 then leveling out at 4.0 in 2022, which could hint at changing community vigilance or law enforcement tactics. Larceny-theft incidents have remained relatively steady around 3.0 to 5.0, facilitating a consistent risk assessment for insurance agents. 2022 also saw new concerns with the introduction of motor vehicle theft at 2.0, potentially impacting both car owners and automotive policy providers. Meanwhile, vandalism trends appear somewhat stable but present occasional spikes necessitating continuous monitoring. Understanding these metrics is crucial for real estate agents, builders, and residents to make informed decisions about property and safety investments in the county.
Demographics
Meigs County, Ohio, shows a slightly higher female adult population compared to males and a significant portion of its population with high school diplomas. Educational attainment trends reveal a predominant number of high school graduates, with fewer residents holding bachelor's or advanced degrees. The age distribution suggests a notable concentration of residents in the 35-64 age range, with fewer younger adults and children. The racial composition is overwhelmingly White, with very small... Read more
Race Distribution in Meigs County, Ohio (2022)
Educational Attainment in Meigs County, Ohio (2022)
Age Distribution in Meigs County, Ohio
Citizen Population in Meigs County, Ohio (2022)
Political Trends & Data
Meigs County, Ohio showed a pronounced preference for Republican candidates during the 2020 U.S. Presidential Election, with the GOP receiving nearly 76% of the votes. Democrats lagged significantly, securing just over 22%, while Libertarians saw around 1%. This heavy conservative tilt may affect local and state policy directions, potentially impacting community development, investment, and governance... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Meigs County, Ohio, predominantly leaned Republican in the 2020 U.S. Presidential Election, with nearly 76% of votes cast for the GOP. Democrats received just over 22% of the vote, while the Libertarian Party garnered around 1%. Minor parties and independent candidates made negligible impact. This suggests a strong conservative preference among the electorate, which could influence local and state policies and political engagement.
75.94% of voters voted for the Republican party in the 2020 Presidential Election
22.76% of voters voted for the Democrat party in the 2020 Presidential Election
1.01% of voters voted for the Livertarian party in the 2020 Presidential Election
0.29% of voters voted for the Other party in the 2020 Presidential Election
School Data
Meigs County, Ohio has experienced a fluctuating student-to-teacher ratio over the past nine years, typically ranging between 15 and 17 students per teacher. This is above the national average of 14, which might suggest larger class sizes and potential impacts on educational quality. Such details could be crucial for investors, families, and education professionals assessing the area's school system and for real estate agents who might find that school quality perceptions can influence property... Read more
Student-to-teacher ratio in Meigs County, Ohio over the last 9 years
Meigs County, Ohio has seen a fluctuating student-to-teacher ratio over the past nine years, hovering between 15 and 17 students per teacher, notably above the U.S. national average of 14. This ratio could potentially indicate larger class sizes, impacting educational quality. Investors, families considering relocation, and education professionals might weigh these figures when evaluating the area's school system. Real estate agents might find that school quality and class size perceptions can influence property desirability and pricing.
