Perry County Real Estate and Livability Trends
Perry County, Ohio's real estate market is seeing notable trends that could attract investors and developers. Average taxable income has steadily climbed from $42,217.60 in 2013 to $57,173.88 in 2021, hinting at a strengthening local economy, while median home values have surged from $91,800 in 2015 to $161,300 in 2022, outpacing state and national growth rates. Sharp increases in state and local... Read more
Perry County Market Trends
In Perry County, Ohio, median home values have surged from $91,800 in 2015 to $161,300 in 2022, outpacing both state and national growth rates. This rapid appreciation could signal strong returns for investors and increased home equity for residents. Significant fluctuations in residential energy tax credits, peaking at $3,033.33 in 2018, indicate potential boosts in energy-efficient home... Read more
Median Value of Occupied Housing Units in Perry County, Ohio Over the Last 8 Years
Over the past 8 years, median home values in Perry County, Ohio have surged from $91,800 in 2015 to $161,300 in 2022. This upward trajectory outpaces the national growth rate, where median values increased from $125,500 to $179,400 in the same period. Compared to Ohio, Perry County's growth is even more striking; Ohio's median home values rose from $129,900 to $183,300. For investors and homebuyers, Perry County's faster appreciation may signal promising returns, while current residents might see a notable increase in their home equity.
Residential Energy Tax Credit Per Tax Return in Perry County, OH Over the Last 9 Years
Over the last nine years, Perry County, Ohio, has seen significant fluctuations in residential energy tax credits per tax return. Notable spikes, such as in 2018 with an average of $3,033.33, suggest potential surges in energy-efficient home improvements or changes in tax policy incentives. While 2015 and 2021 also saw relatively high averages at $600.00 and $1,500.00 respectively, other years like 2017 and 2020 showed reductions, averaging $372.73 and $1,063.16. These trends are important for investors, builders, and real estate agents considering property value impacts tied to energy efficiency and potential tax benefits.
Average Real Estate Taxes Per Tax Return in Perry County, OH Over the Last 10 Years
In Perry County, Ohio, real estate taxes per tax return have shown a noticeable upward trend over the past decade, with values starting around $2,345.75 in 2012 and increasing to approximately $3,988.57 in 2021. The most significant jumps were seen from 2017 to 2018 and from 2019 to 2020. These shifts could indicate rising property values or increased tax rates, making the area potentially lucrative but also possibly costlier for new investments or homebuilding. For real estate agents, appraisers, and insurance agents, this information suggests evolving market dynamics that they may want to monitor closely.
Percentage of Farm Returns in Perry County, OH Over the Last 10 Years
Farm tax returns in Perry County, Ohio have hovered around 3.7% to 4.0% over the last decade, with a slight peak in 2016 at approximately 4.1%. Despite minor yearly fluctuations, there has been no dramatic increase or decrease. Importantly, a general downward trend was noticed from 2016 to 2020, dipping to around 3.6%, though it rebounded to about 3.8% in 2021. This data suggests a relatively stable yet slightly declining engagement in farming activities, which is something to consider if you're planning to invest in agricultural ventures or move into the area with farming in mind.
Number of Mortgages by Occupancy Type in Perry County, OH Over the Last 5 Years in Perry County
Over the past five years in Perry County, Ohio, principal residences have consistently dominated mortgage counts, with noticeable peaks in 2020 and 2021. In contrast, investment properties and second residences have seen relatively stable, albeit much lower, numbers. These shifts in occupancy type could be indicative of broader market trends, such as the prioritization of primary homes, potentially influenced by socio-economic factors or interest rate fluctuations. For investors, appraisers, and real estate agents, understanding these trends could be crucial for making informed decisions about property investments and valuations. Similarly, individuals considering moving to or developing in Perry County might find these occupancy patterns informative, as they suggest a preference for owner-occupied housing, which could impact long-term community stability and market dynamics.
Economic Outlook
The average taxable income per tax return in Perry County, Ohio has steadily climbed from $42,217.60 in 2013 to $57,173.88 in 2021, hinting at a gradually strengthening local economy. This economic improvement is likely to appeal to potential investors, builders, and developers looking for a stable market. Meanwhile, the average state and local income taxes per tax return have sharply increased, doubling from $4,114.57 in 2012 to $9,065.71 by 2021, possibly due to fiscal policy changes. The... Read more
Average Taxable Income per Tax Return in Perry County, OH over the last 9 years
The average taxable income per tax return in Perry County, Ohio has shown a steady increase over the past nine years, rising from around $42,217.60 in 2013 to approximately $57,173.88 in 2021. This upward trend likely suggests a gradually improving local economy, which could be attractive for potential investors or those considering moving to the area. Real estate agents, appraisers, and insurance agents might find this information useful as it could influence property valuations and insurance premiums. The consistent growth may also appeal to builders and developers seeking a stable market to invest in.
Average State and Local Income Taxes Per Tax Return in Perry County, OH Over the Last 10 Years
Perry County, Ohio has seen a noticeable increase in average state and local income taxes per tax return over the past decade. Starting from $4,114.57 in 2012, the figure more than doubled to $9,065.71 by 2021. Especially significant is the jump from $4,590.28 in 2017 to $6,870.27 in 2018, indicating a potentially sharp policy change or economic shift. This trend suggests rising fiscal demands on residents, which could impact decisions for those considering investments, relocations, or new developments in Perry County.
Average Total Tax Liability Per Tax Return in Perry County, OH Over the Last 10 Years
Over the past decade, Perry County, Ohio has witnessed an upward trend in the average total tax liability per tax return. Starting at approximately $4,938.18 in 2012, the tax liability has seen notable increases almost every year, peaking at about $7,512.55 in 2021. This general rise could signal robust economic activities or possibly changing tax laws and property values, making it intriguing for investors, property developers, and those considering moving to the area. Specific fluctuations like the drop in 2018 might also highlight economic variables or other influencing factors worth examining.
Cost of Living in Perry County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $983 | $1,295 | $1,782 | $1,034 | $861 |
| 1 adult 4 children | $983 | $1,057 | $1,370 | $1,034 | $929 |
| 2 adults 3 children | $983 | $1,058 | $1,543 | $1,034 | $697 |
| 1 adult 3 children | $983 | $864 | $1,131 | $1,034 | $710 |
| 2 adults 2 children | $798 | $866 | $1,303 | $935 | $652 |
| 1 adult 2 children | $798 | $647 | $891 | $935 | $584 |
| 2 adults 1 child | $798 | $684 | $1,063 | $615 | $656 |
| 1 adult 1 child | $798 | $442 | $651 | $615 | $540 |
| 2 adults | $606 | $550 | $824 | $0 | $520 |
| 1 adult | $578 | $300 | $412 | $0 | $450 |
Safety trends & Data
In Perry County, Ohio, property crime trends have showcased notable fluctuations. Larceny-theft, often the most common crime, peaked at 19 cases in 2019 but fell to 11 in 2020. Increasing burglary incidents from 2 in 2018 to 6 in 2022 could signal a potential concern for residents and investors alike. Despite minimal motor vehicle thefts, vandalism saw an uptick to 8 cases in 2020. These evolving patterns could influence local property values and shape future development... Read more
Property Crime Trends in Perry County, OH Over the Last 5 Years
The property crime trends in Perry County, Ohio, over the last five years reveal fluctuations in various types of offenses, which could be crucial for potential investors, developers, and residents. Larceny-theft consistently remains the most frequent property crime, peaking at 19 cases in 2019 and dipping to 11 in 2020. Burglary incidents have steadily increased from 2 in 2018 to 6 in 2022. Vandalism cases saw an uptick to 8 in 2020, while occurrences of motor vehicle theft have remained minimal at 1 per year when recorded. These trends might suggest an evolving landscape in property crime, impacting the local economy, property values, and community safety perceptions.
Demographics
Perry County, Ohio, exhibits a relatively balanced gender distribution among its adult population, though males appear to slightly outnumber females. Educational attainment skews heavily towards high school graduates, with a considerable number having some college experience but not a degree. The age distribution suggests a decent spread across various age groups, indicating no specific generation dominates the population profile. The racial composition, meanwhile, is overwhelmingly White, with... Read more
Race Distribution in Perry County, Ohio (2022)
Educational Attainment in Perry County, Ohio (2022)
Age Distribution in Perry County, Ohio
Citizen Population in Perry County, Ohio (2022)
Political Trends & Data
In Perry County, Ohio, the 2020 presidential election revealed a marked Republican preference, with roughly 74% of the votes. Democrats secured about 25%, and minor parties had negligible impact. This conservative tilt may influence both future election strategies and local policy... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Perry County, Ohio, shows a significant Republican majority, with approximately 74% of votes in the 2020 presidential election. Democrats captured around 25%, while minor parties like Libertarian and others barely made a dent. This suggests a strong conservative preference and minimal influence of third-party candidates in local voting behavior, which could impact future election strategies.
74.10% of voters voted for the Republican party in the 2020 Presidential Election
24.58% of voters voted for the Democrat party in the 2020 Presidential Election
1.02% of voters voted for the Livertarian party in the 2020 Presidential Election
0.30% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Perry County, Ohio, has generally stayed above the national average of 14:1, peaking at 17.62 in 2017 but has slightly declined to about 16.9 in 2023. These changes are essential for potential investors, residents, and real estate professionals since higher ratios could indicate larger class sizes, impacting educational quality and potentially affecting community desirability. Those considering building or moving to the area should closely examine educational... Read more
Student-to-teacher ratio in Perry County, Ohio over the last 9 years
The student-to-teacher ratio in Perry County, Ohio has fluctuated over the past nine years, generally staying above the national average of 14 students per teacher. Recently, the ratio has shown a slight decline from a peak of 17.62 in 2017 to around 16.9 in 2023. Understanding these changes is crucial for potential investors, residents, appraisers, and real estate agents because higher ratios could imply larger class sizes, potentially affecting educational quality and community desirability. For those considering building or moving to the area, a closer look at educational infrastructure might provide deeper insights into long-term community growth and property values.
