Ottawa County Real Estate and Livability Trends
In Ottawa County, Ohio, notable trends include a substantial rise in average taxable income per tax return from $52,324.90 in 2013 to $76,628.48 in 2021, hinting at stronger economic conditions attractive to investors and homebuyers. Median home values climbed from $138,800 in 2015 to $179,100 in 2022, though this lags slightly behind the state average. A significant surge in state and local... Read more
Ottawa County Market Trends
In Ottawa County, Ohio, median home values have steadily increased from $138,800 in 2015 to $179,100 in 2022, paralleling broader trends in Ohio, which rose from $129,900 to $183,300, although slightly lagging the state average. Energy tax credits saw considerable variability, peaking at $2,500 in 2018, which may indicate shifts in homeowner preferences for energy efficiency. Real estate taxes... Read more
Median Value of Occupied Housing Units in Ottawa County, Ohio Over the Last 8 Years
Over the last eight years, median home values in Ottawa County, Ohio have experienced a steady climb from $138,800 in 2015 to $179,100 in 2022. This rise seems to match broader trends in Ohio, where median values went from $129,900 to $183,300 over the same period, though the county showed slightly slower growth compared to the state average. Interestingly, Ottawa County's values largely kept pace with national levels, which rose from $125,500 in 2015 to $179,400 in 2022. For investors and residents, this consistent appreciation signals a healthy local real estate market with promising long-term value.
Residential Energy Tax Credit Per Tax Return in Ottawa County, OH Over the Last 9 Years
Ottawa County, Ohio has seen notable fluctuations in residential energy tax credits per tax return over the past nine years. The credits increased from $304.76 in 2013 to $702.86 in 2021, with a significant peak of $2,500.00 in 2018. Such variability can signal shifts in energy efficiency incentives or the adoption rates of energy-saving technologies. Investors, appraisers, and real estate agents could find these trends indicative of changing homeowner priorities and potential for increased property value through sustainable upgrades.
Average Real Estate Taxes Per Tax Return in Ottawa County, OH Over the Last 10 Years
Ottawa County, Ohio has seen a steady increase in average real estate taxes per tax return over the last decade, with a particularly notable rise from 2016 onwards. For those looking to invest or appraise property in the area, the upward trend from $2,862.25 in 2012 to $5,812.20 in 2021 may suggest increasing property values or adjustments in tax assessments. This is crucial information for potential buyers, real estate agents, and insurance agents as it hints at a growing and potentially more expensive market. The significant jump between 2017 and 2018, where values increased from $3,645.96 to $4,679.82, is especially worth paying attention to for anyone monitoring local economic health or planning long-term investments.
Percentage of Farm Returns in Ottawa County, OH Over the Last 10 Years
Over the past decade, Ottawa County, Ohio has generally seen a slight decline in the percentage of farm returns, moving from 2.30% in 2012 to roughly 2.05% in 2021. Farm tax returns reflect the number of farms reporting income and expenses to the IRS, a critical indicator of agricultural economic activity and stability. For investors or those considering relocating, building, or expanding in the area, this trend might suggest an evolving economic landscape that could impact local agriculture-related investment opportunities and rural property values.
Number of Mortgages by Occupancy Type in Ottawa County, OH Over the Last 5 Years in Ottawa County
Ottawa County, Ohio has seen fluctuating mortgage counts with a notable decline over the last five years. Principal residences generally dominate, but there's been a drop from 2477 in 2020 to 1677 by 2022. Investment properties and second residences, while relatively stable, have slightly declined, hinting at possible economic or lifestyle shifts. These changes in occupancy type can significantly impact local real estate dynamics, influencing property values, rental market potentials, and even insurance premiums. Investors may find the steady numbers for investment properties reassuring, while those eyeing a principal residence could see the reduced mortgage counts as a sign of evolving market conditions.
Economic Outlook
In Ottawa County, Ohio, the average taxable income per tax return has shown steady growth over the past nine years, rising from roughly $52,324.90 in 2013 to nearly $76,628.48 in 2021. This increase suggests healthier economic conditions and could make the area more attractive to investors, homebuyers, and real estate professionals. Average state and local income taxes per tax return have also surged, more than doubling from $4,929.87 in 2012 to $13,243.06 in 2021, which might reflect changes... Read more
Average Taxable Income per Tax Return in Ottawa County, OH over the last 9 years
Over the past nine years, Ottawa County, Ohio has seen a noticeable increase in average taxable income per tax return, growing from approximately $52,324.90 in 2013 to about $76,628.48 in 2021. This upward trend could signal improving economic conditions in the area, making it appealing for potential investors, homebuyers, and real estate professionals. Higher average incomes may also influence property values and insurance rates, offering profitable opportunities for those involved in the housing market or financial sectors.
Average State and Local Income Taxes Per Tax Return in Ottawa County, OH Over the Last 10 Years
Over the last decade, average state and local income taxes per tax return in Ottawa County, Ohio, exhibited a consistent uptrend, more than doubling from around $4,929.87 in 2012 to a striking $13,243.06 in 2021. Notably, significant jumps occurred post-2017, peaking sharply in 2021. This rise might suggest either changes in local taxation policies, increases in residents' incomes, or shifts in the local economy, making it a vital consideration for potential investors, real estate agents, and those thinking of moving to the area.
Average Total Tax Liability Per Tax Return in Ottawa County, OH Over the Last 10 Years
Over the past decade, Ottawa County, Ohio, has seen a noticeable increase in the average total tax liability per tax return, starting at approximately $7,581.21 in 2012 and rising to $11,991.34 by 2021. This pattern suggests that residents and potential investors might need to consider the rising tax burdens when planning financial strategies. Real estate agents and appraisers may find this trend relevant for assessing property values, while insurance agents might see shifts in the insurance needs of property owners. Builders and potential residents should factor in tax implications within their long-term occupancy and investment plans.
Cost of Living in Ottawa County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,127 | $1,476 | $2,007 | $1,778 | $1,323 |
| 1 adult 4 children | $1,127 | $1,205 | $1,544 | $1,778 | $1,447 |
| 2 adults 3 children | $1,127 | $1,206 | $1,737 | $1,778 | $1,096 |
| 1 adult 3 children | $1,127 | $984 | $1,274 | $1,778 | $1,194 |
| 2 adults 2 children | $926 | $987 | $1,467 | $1,589 | $929 |
| 1 adult 2 children | $926 | $737 | $1,004 | $1,589 | $930 |
| 2 adults 1 child | $926 | $780 | $1,196 | $974 | $847 |
| 1 adult 1 child | $926 | $504 | $733 | $974 | $702 |
| 2 adults | $703 | $627 | $926 | $0 | $594 |
| 1 adult | $619 | $342 | $463 | $0 | $479 |
Safety trends & Data
In Ottawa County, Ohio, property crime data from the past five years indicates notable trends that may interest prospective investors and new residents. Burglary incidents showed fluctuation, reaching a low of 2.0 in 2020 but rising to 6.0 by 2022. There was a significant drop in larceny-theft cases from 22.0 in 2018 to 3.0 in 2021, although numbers increased slightly to 9.0 in 2022. Vandalism incidents stayed relatively steady between 4.0 and 9.0 per year, with a slight peak at 5.0 in 2021.... Read more
Property Crime Trends in Ottawa County, OH Over the Last 5 Years
Over the last five years in Ottawa County, Ohio, property crime trends show interesting shifts. Burglary incidents fluctuated, hitting a low of just 2.0 in 2020 but rising again to 6.0 by 2022. Larceny-theft cases saw a significant decline from 22.0 in 2018 to a mere 3.0 in 2021, before slightly increasing to 9.0 in 2022. Vandalism remained relatively steady around 4.0-9.0 incidents per year, with a slight spike in 2021 at 5.0. Motor vehicle theft, fraud, and other property crimes remained consistently low throughout the period. These trends could indicate efforts in crime prevention are paying off, making the area potentially more appealing for prospective investors and new residents.
Demographics
Ottawa County, Ohio, showcases a balanced gender distribution in its adult population. When it comes to education, a significant portion only completes high school, while a noteworthy minority achieves higher educational degrees. Age-wise, the county has a substantial senior demographic, particularly those aged 55 and over, hinting at a potentially large retired community. The racial makeup is predominantly white, with marginal representation from other racial groups, which could influence the... Read more
Race Distribution in Ottawa County, Ohio (2022)
Educational Attainment in Ottawa County, Ohio (2022)
Age Distribution in Ottawa County, Ohio
Citizen Population in Ottawa County, Ohio (2022)
Political Trends & Data
Ottawa County, Ohio’s real estate market may be influenced by its strong Republican leanings, as seen in the latest presidential election where Democrats captured less than two-thirds of the Republican vote. This political tilt could suggest a local demographic profile that might impact housing preferences and community planning. Minor parties like the Libertarians played a negligible role, indicating a less diverse political terrain that might correlate with specific socio-economic patterns... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Ottawa County, Ohio, showed significant support for the Republican party, possibly reflecting broader trends in similar regions. Democrats garnered less than two-thirds of the Republican share, suggesting a notable gap. Minor parties like the Libertarians remained largely on the political periphery with a marginal percentage. This electoral behavior could hint at the county's political alignment or demographic influences affecting voter preferences.
60.93% of voters voted for the Republican party in the 2020 Presidential Election
37.52% of voters voted for the Democrat party in the 2020 Presidential Election
1.22% 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
Ottawa County, Ohio has seen fluctuating student-to-teacher ratios, peaking at nearly 18 in 2019 and trending closer to 16 more recently, above the national average of 14. This could influence family relocation decisions and might be a factor for investors and real estate agents when assessing property desirability. Smaller class sizes are often seen as beneficial, potentially impacting property... Read more
Student-to-teacher ratio in Ottawa County, Ohio over the last 9 years
Ottawa County, Ohio has seen fluctuating student-to-teacher ratios over the past nine years, with numbers primarily hovering above the national average of 14 students per teacher. Starting at approximately 16 in 2014, the ratio peaked at nearly 18 in 2019 before trending downward closer to 16 more recently. Investors and real estate agents might view these trends as indicative of classroom sizes, which could influence family decisions on relocating. Insurance agents and appraisers could consider these figures when evaluating property values as well, given that smaller class sizes are often perceived as beneficial for education quality.
