Preble County Real Estate and Livability Trends
Preble County, Ohio's real estate market is alive with intriguing shifts. The average taxable income per tax return jumped from $43,800.56 in 2013 to $59,730.98 in 2021, suggesting economic strengthening. Median home values have climbed from $112,700 in 2015 to $158,700 in 2022, though still below state and national figures. Real estate taxes nearly 60% over the last decade hinting at rising... Read more
Preble County Market Trends
Preble County, Ohio, has experienced an upward trend in median home values, rising from $112,700 in 2015 to $158,700 in 2022, which remains below state and national medians. Residential energy tax credits have fluctuated, peaking in 2018 at $2,625.00, reflecting a dynamic market likely influenced by energy efficiency investments or policies. Real estate taxes have increased significantly, from... Read more
Median Value of Occupied Housing Units in Preble County, Ohio Over the Last 8 Years
Preble County, Ohio has seen steady growth in median home values over the past eight years, rising from $112,700 in 2015 to $158,700 in 2022. This increase, while significant, still reflects a median value lower than both the state of Ohio and the national levels, which were $183,300 and $179,400 respectively in 2022. For investors or homebuyers looking for relatively affordable property with potential for appreciation, Preble County may be worth considering given its upward trend in home values.
Residential Energy Tax Credit Per Tax Return in Preble County, OH Over the Last 9 Years
Preble County, Ohio has seen notable fluctuations in residential energy tax credits per tax return over the past nine years, with a significant spike in 2018 reaching $2,625.00. This variability suggests a dynamic market influenced by changing energy efficiency investments or policies. Such trends may attract potential investors or property developers interested in taking advantage of tax incentives for sustainable building practices. For real estate agents, understanding these fluctuations can be valuable when advising clients on potential financial benefits or predicting future market directions. Insurance agents might also consider these trends when assessing the risk and value of properties.
Average Real Estate Taxes Per Tax Return in Preble County, OH Over the Last 10 Years
Average real estate taxes per tax return in Preble County, Ohio, have exhibited a notable upward trend over the past decade. From $2,031.29 in 2012, figures have risen to approximately $3,257.78 by 2021, with notable jumps in 2018 and 2019, reaching $2,891.23 and $3,094.55 respectively. These rising taxes could potentially impact appraisals, insurance calculations, and investment decisions, making it vital for stakeholders to be aware of these trends. Higher real estate taxes might also hint at increasing property values or shifts in county budgeting priorities, which are important considerations for those looking to build or invest in the area.
Percentage of Farm Returns in Preble County, OH Over the Last 10 Years
Farm tax returns in Preble County, Ohio, have shown a slight downward trend over the past decade. Starting from 4.88% in 2012, the percentage has now seen fluctuations, settling at around 4.42% in 2021. Though the changes aren't drastic, they reflect subtle shifts in the county's agricultural landscape. For investors, builders, and residents, this trend could indicate evolving economic factors affecting farm viability and possibly hint at broader changes in local economic activities.
Number of Mortgages by Occupancy Type in Preble County, OH Over the Last 5 Years in Preble County
Over the last five years in Preble County, Ohio, the predominant type of mortgage has consistently been for principal residences, with 2021 peaking at 2,469. In contrast, investment property and second residence mortgages have remained relatively low and stable. These trends might reflect the area's primary appeal for owner-occupiers rather than investors or vacation homeowners. For investors and builders, this could indicate a stronger market potential in developing housing for permanent residents. For appraisers and real estate agents, these patterns can help anticipate demand fluctuations and guide pricing strategies. Insurance agents may need to focus on policies tailored predominantly for principal residences, given the larger volume in that segment.
Economic Outlook
Preble County, Ohio has seen a steady rise in average taxable income per tax return, climbing from $43,800.56 in 2013 to $59,730.98 by 2021, suggesting a potentially strengthening local economy. Concurrently, the state and local income taxes per return have also increased, going from $4,766.13 in 2012 to $7,531.25 in 2021, reflecting potentially significant fiscal policy changes and its impact on disposable income. With fluctuating total tax liabilities peaking at $7,715.73 in 2021, these... Read more
Average Taxable Income per Tax Return in Preble County, OH over the last 9 years
Preble County, Ohio has seen a notable upward trend in average taxable income per tax return over the past nine years. Starting at around $43,800.56 in 2013, it gradually increased each year, reaching approximately $59,730.98 by 2021. This consistent growth could signal a strengthening local economy, making it an attractive spot for real estate investors, new residents, and insurance agents looking for stable markets.
Average State and Local Income Taxes Per Tax Return in Preble County, OH Over the Last 10 Years
In Preble County, Ohio, the average state and local income taxes per tax return have shown a noticeable upward trend over the last decade, increasing from approximately $4,766.13 in 2012 to $7,531.25 in 2021. The sharpest jumps were seen between 2017 and 2018, and again between 2019 and 2020, suggesting a significant rise in tax liabilities for residents. This pattern might interest potential homebuyers or investors as it reflects changes in fiscal policies or economic conditions impacting disposable income in the area. For appraisers and insurance agents, these figures could also serve as indicators of the area's financial health and evolving cost of living factors.
Average Total Tax Liability Per Tax Return in Preble County, OH Over the Last 10 Years
Preble County, Ohio has witnessed fluctuating average total tax liabilities per tax return over the last decade, ranging from $5,587.27 in 2013 to a notable increase to $7,715.73 in 2021. These variations might suggest periodic economic shifts or policy changes impacting taxpayers. Such trends could be significant for investors, appraisers, and property builders when evaluating the economic stability and tax implications of establishing or expanding operations in the county. Higher tax liabilities also offer clues to increasing property values or rising incomes, which could be attractive or a point of caution for potential residents and real estate agents.
Cost of Living in Preble County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,066 | $1,247 | $1,712 | $1,483 | $1,002 |
| 1 adult 4 children | $1,066 | $1,018 | $1,308 | $1,483 | $1,106 |
| 2 adults 3 children | $1,066 | $1,018 | $1,486 | $1,483 | $818 |
| 1 adult 3 children | $1,066 | $831 | $1,082 | $1,483 | $896 |
| 2 adults 2 children | $820 | $834 | $1,260 | $1,293 | $728 |
| 1 adult 2 children | $820 | $623 | $856 | $1,293 | $689 |
| 2 adults 1 child | $820 | $659 | $1,035 | $678 | $666 |
| 1 adult 1 child | $820 | $426 | $630 | $678 | $555 |
| 2 adults | $623 | $529 | $809 | $0 | $519 |
| 1 adult | $619 | $289 | $404 | $0 | $462 |
Safety trends & Data
Preble County, Ohio has seen a substantial drop in property crimes over the past five years, with larceny-theft incidents plummeting from 138.00 in 2018 to 29.00 in 2022. Burglaries also fell from 8.00 cases in 2019 to just 3.00 in 2022. While vandalism numbers have remained relatively stable, motor vehicle thefts saw fluctuations, peaking at 5.00 incidents in some years and dipping to 1.00 in others. These improving security trends could be a significant draw for potential investors and new... Read more
Property Crime Trends in Preble County, OH Over the Last 5 Years
Over the past five years, Preble County, Ohio has seen a notable decline in property crimes, particularly in larceny-theft which dropped from 138.00 incidents in 2018 to just 29.00 in 2022. Similarly, burglaries have decreased from 8.00 cases in 2019 to 3.00 in 2022. Vandalism numbers have remained relatively stable, with minor fluctuations between 10.00 and 17.00 incidents annually. Motor vehicle thefts have varied, peaking at 5.00 incidents in both 2018 and 2021 but dipping as low as 1.00 in 2019. Fraud-related crimes have shown a slight uptick in diversity, albeit in small numbers. These trends suggest a generally improving security situation which could be appealing to potential investors, newcomers, and real estate professionals.
Demographics
Preble County, Ohio's demographic trends highlight a nearly even split between male and female adults. Most residents in the area have at least a high school diploma, with a significant portion having attended some college or achieved higher education degrees. The age distribution reveals a substantial older population, especially those aged 55-64. The racial makeup is predominantly White, with small percentages of other races. These trends suggest a potentially aging community with a solid... Read more
Race Distribution in Preble County, Ohio (2022)
Educational Attainment in Preble County, Ohio (2022)
Age Distribution in Preble County, Ohio
Citizen Population in Preble County, Ohio (2022)
Political Trends & Data
Preble County, Ohio, shows a strong Republican voter base, with 78% of votes in the 2020 Presidential Election going to the GOP. Democrats only secured just over 20%, and other parties collectively held less than 2.5%. This conservative tilt could influence local policies, community values, and potentially affect property demand and development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Preble County, Ohio, leaned heavily Republican in the 2020 U.S. Presidential Election, with nearly 78% of the vote going to the GOP. Democrats garnered just over 20%, while Libertarian and other smaller parties barely made a dent, accumulating less than 2.5% collectively. This strong Republican preference might suggest a solid conservative voter base in the area.
78.05% of voters voted for the Republican party in the 2020 Presidential Election
20.60% of voters voted for the Democrat party in the 2020 Presidential Election
1.11% of voters voted for the Livertarian party in the 2020 Presidential Election
0.23% of voters voted for the Other party in the 2020 Presidential Election
School Data
Preble County, Ohio's student-to-teacher ratio has fluctuated, decreasing from nearly 23:1 in 2014 to approximately 17:1 in 2023. This decline might appeal to potential investors, parents, and educational appraisers, suggesting more personalized attention and potentially higher educational quality. Real estate and insurance agents should consider that better school conditions could influence property values and living costs, possibly driving demand for residential construction in the... Read more
Student-to-teacher ratio in Preble County, Ohio over the last 9 years
Preble County, Ohio has seen a fluctuation in its student-to-teacher ratio over the last nine years, starting at nearly 23 students per teacher in 2014 and dropping to approximately 17 in 2023. This variability can affect decisions for potential investors, parents considering relocating, and educational appraisers, as lower ratios generally indicate more personalized attention and potentially higher educational quality compared to the national average of around 14 students per teacher. Real estate agents and insurance agents should note that appealing school conditions could influence property and living costs. This trend may also impact demand for residential construction as families might favor areas with lower ratios for their educational benefits.
