Pickaway County Real Estate and Livability Trends
Pickaway County, Ohio has experienced significant real estate market changes, including a rise in median home values from $147,700 in 2015 to $219,900 in 2022, outpacing state and national averages. Taxable incomes have increased, paralleling a hike in local and state taxes, suggesting economic stability that could appeal to investors. Meanwhile, property crime trends have been volatile, with a... Read more
Pickaway County Market Trends
Pickaway County, Ohio's median home values have significantly risen from $147,700 in 2015 to $219,900 in 2022, outpacing both the state and national averages. The county also exhibits notable fluctuations in residential energy tax credits, suggesting periodic spikes in investment for energy-efficient home improvements. Real estate taxes have steadily increased from $2,466.41 in 2012 to $3,899.12... Read more
Median Value of Occupied Housing Units in Pickaway County, Ohio Over the Last 8 Years
Pickaway County, Ohio's median home values have seen a substantial increase over the past eight years, climbing from $147,700 in 2015 to $219,900 in 2022. This is significantly higher compared to both the state of Ohio, which rose from $129,900 to $183,300, and the national figures that went from $125,500 to $179,400 during the same period. For those considering investment opportunities or relocation, Pickaway County's real estate market appears to be experiencing a robust upward trend, potentially indicating growing demand and appreciating property values in this region.
Residential Energy Tax Credit Per Tax Return in Pickaway County, OH Over the Last 9 Years
Pickaway County, Ohio has seen significant fluctuations in residential energy tax credits per tax return over the past nine years. In 2018, the county experienced an unusually high average of $2,175.00, while other years like 2014 and 2021 showed more typical averages of $426.00 and $962.50, respectively. These variations might suggest periods of heightened investment in energy-efficient home improvements, possibly influenced by local policy changes or economic conditions. This is potentially valuable for investors and insurance agents assessing future market trends, as well as homeowners and real estate agents looking at factors impacting property values and energy costs in the region.
Average Real Estate Taxes Per Tax Return in Pickaway County, OH Over the Last 10 Years
Real estate taxes in Pickaway County, Ohio have experienced a steady upward trajectory over the last decade, with the average taxes per return increasing from $2,466.41 in 2012 to $3,899.12 in 2021. Notably, the jump between 2017 and 2018 was quite significant, jumping from $2,694.77 to $3,332.09. This trend hints at rising property values and possibly increased county expenditures, a key consideration for potential investors, real estate agents, and anyone looking to move to this region.
Percentage of Farm Returns in Pickaway County, OH Over the Last 10 Years
Pickaway County, Ohio has experienced a gradual decline in the percentage of farm tax returns over the past decade, dropping from roughly 2.92% in 2012 to about 2.25% in 2021. Farm tax returns are typically filed by agricultural businesses and individual farmers, reflecting the income and expenses associated with farming activities. This downtrend might indicate shifts in agricultural practices, economic pressures, or changes in land use trends within the county. Investors, future residents, and developers might consider these factors when evaluating the economic landscape and potential growth opportunities in Pickaway County.
Number of Mortgages by Occupancy Type in Pickaway County, OH Over the Last 5 Years in Pickaway County
In Pickaway County, Ohio, the number of mortgages for principal residences significantly surpasses those for investment properties and second residences. Over the past five years, there's been minor variation in investment property mortgages, while principal residence mortgages saw fluctuations, peaking in 2021. The minimal numbers for second residences suggest limited interest in such properties in the area. Changes in occupancy type are crucial as they reflect economic health and housing demand, influencing property values, rental markets, and investment strategies. For instance, a surge in principal residence mortgages might indicate growing community stability and interest in long-term living, impacting real estate market dynamics and opportunities for new developments.
Economic Outlook
Pickaway County, Ohio has seen a steady increase in average taxable income per tax return, rising from $49,837.13 in 2013 to $67,460.57 in 2021, with a notable dip in 2019. This upward trend suggests growing economic stability, potentially making the area attractive for investors and real estate agents. The county has also experienced a definite rise in average state and local income taxes per tax return, growing from $5,184.75 in 2012 to $8,362.30 in 2021, with a significant spike between 2017... Read more
Average Taxable Income per Tax Return in Pickaway County, OH over the last 9 years
Pickaway County, Ohio has seen a steady increase in average taxable income per tax return over the past nine years, rising from $49,837.13 in 2013 to $67,460.57 in 2021, with a notable dip in 2019 to $55,097.31. This trend might suggest growing economic stability and could be indicative of favorable local economic conditions, making it potentially attractive for investors, real estate agents, and anyone considering moving to or doing business in the area.
Average State and Local Income Taxes Per Tax Return in Pickaway County, OH Over the Last 10 Years
Over the past decade, Pickaway County, Ohio has seen a definite upward trend in average state and local income taxes per tax return, with figures growing from $5,184.75 in 2012 to $8,362.30 in 2021. Notably, there was a significant spike between 2017 and 2018, where the average jumped from around $5,720 to over $7,400. Consistent growth thereafter suggests rising incomes or adjustments in tax rates, making this county an intriguing prospect for investors, developers, and real estate agents. Analyzing these changes could provide valuable insights for appraisers and insurance agents assessing property values and risk profiles.
Average Total Tax Liability Per Tax Return in Pickaway County, OH Over the Last 10 Years
Over the past decade, Pickaway County, Ohio has seen a general upward trend in the average total tax liability per tax return, climbing from $6,937.20 in 2012 to $9,144.18 in 2021. Notably, there was a substantial jump between 2020 and 2021, suggesting potential economic changes or adjustments in tax policy that could impact financial planning. Investors, appraisers, and real estate agents should find this trend indicative of varying financial obligations, which might affect property valuation and market dynamics in the county.
Cost of Living in Pickaway County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,154 | $1,343 | $1,752 | $1,413 | $1,101 |
1 adult 4 children | $1,154 | $1,097 | $1,347 | $1,413 | $1,189 |
2 adults 3 children | $1,154 | $1,097 | $1,517 | $1,413 | $879 |
1 adult 3 children | $1,154 | $896 | $1,112 | $1,413 | $966 |
2 adults 2 children | $941 | $898 | $1,281 | $1,256 | $789 |
1 adult 2 children | $941 | $671 | $876 | $1,256 | $764 |
2 adults 1 child | $941 | $710 | $1,045 | $743 | $744 |
1 adult 1 child | $941 | $459 | $640 | $743 | $641 |
2 adults | $761 | $570 | $810 | $0 | $594 |
1 adult | $681 | $311 | $405 | $0 | $487 |
Safety trends & Data
Over the last five years in Pickaway County, Ohio, property crime trends have shown significant volatility in larceny-theft incidents, peaking at 147 cases in 2022, up from just 55 in 2020. Burglary arrests have notably declined, dropping from 15 in 2019 to 7 in both 2021 and 2022, while motor vehicle theft remains relatively low but consistent. Vandalism cases saw a notable spike to 21 in 2021 before declining. This nuanced view of the local crime landscape could influence insurance rates,... Read more
Property Crime Trends in Pickaway County, OH Over the Last 5 Years
Over the last five years in Pickaway County, Ohio, property crime trends reveal a significant volatility in larceny-theft incidents, peaking at 147 cases in 2022, up from 55 in 2020. Burglary arrests have shown a declining pattern, dropping from 15 in 2019 to 7 in both 2021 and 2022. Motor vehicle theft remains relatively low but consistent, while vandalism cases saw a notable uptick, spiking to 21 in 2021 before declining. For those considering investment or moving into the area, this data provides a nuanced view of the local crime landscape that could influence insurance rates, property values, and overall community safety.
Demographics
Pickaway County, Ohio, shows a slightly higher count of males compared to females in its adult population. Education levels vary significantly, with a noticeable portion of residents holding only a high school diploma or some college education. The age distribution suggests a balanced mix of younger and older residents, with those in their late 30s to early 40s forming a substantial group. Most of the population identifies as White, with smaller representations of other racial groups. These... Read more
Race Distribution in Pickaway County, Ohio (2022)
Educational Attainment in Pickaway County, Ohio (2022)
Age Distribution in Pickaway County, Ohio
Citizen Population in Pickaway County, Ohio (2022)
Political Trends & Data
Pickaway County, Ohio, exhibited a pronounced Republican preference in the 2020 U.S. Presidential Election, with about 73% of votes leaning conservative. Democrats garnered around 26%, while Libertarians and other parties captured only a small fraction. This suggests a predominantly conservative voter base, which could influence local policy and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Pickaway County, Ohio demonstrated a significant lean towards the Republican party in the 2020 U.S. Presidential Election, with approximately 73% of the votes. Democrats trailed notably at around 26%, leaving minor support for Libertarians and a minimal fraction for other parties. This distribution hints at a strong conservative presence within the county.
72.84% of voters voted for the Republican party in the 2020 Presidential Election
25.84% of voters voted for the Democrat party in the 2020 Presidential Election
1.04% of voters voted for the Livertarian party in the 2020 Presidential Election
0.28% of voters voted for the Other party in the 2020 Presidential Election
School Data
Pickaway County, Ohio has seen its student-to-teacher ratio rise to 19 in 2023, up from 17 in 2014, significantly higher than the national average of 14. This trend could suggest potential classroom overcrowding and quality of education concerns, important factors for real estate agents, appraisers, insurance agents, and developers to consider. As education quality often correlates with neighborhood desirability, this might impact property valuations and community... Read more
Student-to-teacher ratio in Pickaway County, Ohio over the last 9 years
Over the past nine years, Pickaway County, Ohio has seen a generally creeping rise in its student-to-teacher ratio, now standing at 19 students per teacher in 2023, up from 17 in 2014. This trend is noteworthy when compared to the national average of 14 students per teacher. For those looking to invest in or move to the area, these increasing ratios could indicate potential overcrowding in classrooms, potentially impacting education quality. For real estate agents and appraisers, the implications of these ratios on local schooling quality could be a key factor in property valuations. Insurance agents and developers might also consider the broader community implications, as education quality often correlates with neighborhood desirability and growth.