Putnam County Real Estate and Livability Trends
Putnam County, Ohio's real estate market demonstrates intriguing trends worth noting. Median home values rose to $176,200 in 2022, indicating steady appreciation, yet they remain below state and national averages, which might appeal to budget-conscious buyers. Real estate taxes have nearly doubled over the past decade, pointing to increasing property values and tax burdens. Interestingly, while... Read more
Putnam County Market Trends
Putnam County, Ohio, has seen median home values rise to $176,200 in 2022, reflecting steady appreciation while remaining more affordable compared to state and national averages. Notably, energy tax credits have fluctuated dramatically, peaking at $3,860.00 in 2018, hinting at variable investment in energy efficiency. Real estate taxes have climbed from $2,070.38 in 2012 to $3,854.84 in 2021,... Read more
Median Value of Occupied Housing Units in Putnam County, Ohio Over the Last 8 Years
Putnam County, Ohio, has seen a consistent rise in median home values over the past eight years, peaking at $176,200 in 2022. This growth is somewhat aligned with broader state trends in Ohio, where median values also rose from $129,900 in 2015 to $183,300 in 2022. However, the appreciation in Putnam County has slightly lagged behind the national rate for the same period, which climbed from $125,500 to $179,400. For potential investors and homebuyers, this could suggest Putnam County offers a relatively more affordable yet steadily appreciating market compared to broader state and national levels.
Residential Energy Tax Credit Per Tax Return in Putnam County, OH Over the Last 9 Years
Over the last nine years, the average residential energy tax credit per tax return in Putnam County, Ohio has shown notable fluctuations. Peaks like $880.39 in 2016 and a significant spike to $3860.00 in 2018 suggest periods with high investment in energy-efficient improvements, while dips such as $518.18 in 2017 indicate less activity. This volatility could reflect changing incentives, consumer confidence, or energy policies affecting homeowner decisions. Investors, appraisers, and real estate agents might find these trends relevant for evaluating property improvements and potential market shifts.
Average Real Estate Taxes Per Tax Return in Putnam County, OH Over the Last 10 Years
Over the past decade, Putnam County, Ohio has seen a steady increase in average real estate taxes per tax return, climbing from approximately $2,070.38 in 2012 to about $3,854.84 in 2021. This upward trend suggests that property values and the associated tax burdens are likely on the rise, potentially making the area a hotspot for both investors and those looking to relocate. For appraisers, insurance agents, and real estate professionals, this indicates a robust market with significant implications for property valuation and long-term investment planning.
Percentage of Farm Returns in Putnam County, OH Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Putnam County, Ohio shows a general gradual decline from 7.45% in 2012 to 6.62% in 2021. Farm tax returns typically reflect the financial activities of farms in the area, and this trend might suggest a slow reduction in farming operations or profitability. For investors, developers, and potential new residents, these trends might indicate shifting economic priorities or demographic changes within the county, providing valuable context for decision-making regarding property investments and economic activities.
Number of Mortgages by Occupancy Type in Putnam County, OH Over the Last 5 Years in Putnam County
In Putnam County, Ohio, over the past five years, the number of mortgages for principal residences shows a notable fluctuation, peaking in 2020 with 1,831 and showing a decreasing trend to 1,232 by 2022. Investment properties remain substantially lower but have seen a slight increase in recent years, up from a low of 16 in 2021 to 33 in 2022. Mortgages for second residences are consistently minimal, indicating a limited market for vacation homes. These shifts in occupancy type can influence a wide array of decisions for potential investors, appraisers, and developers by providing insight into market stability and the predominant housing demands in the area. Understanding these trends can also aid insurers in assessing risk and for real estate agents to tailor their services to meet the needs of homebuyers effectively.
Economic Outlook
Over the past nine years, Putnam County, Ohio has witnessed a steady increase in average taxable income per tax return, climbing from $58,164.00 in 2013 to $76,163.39 in 2021. This upward trend hints at potential economic growth, possibly making the area more attractive for investors and those considering relocation. Additionally, fluctuations in state and local income taxes with a significant spike in 2021 ($21,393.94) and a similar variability in tax liabilities indicate notable economic... Read more
Average Taxable Income per Tax Return in Putnam County, OH over the last 9 years
Over the past nine years, Putnam County, Ohio has witnessed a steady increase in average taxable income per tax return. Starting at $58,164.00 in 2013, it experienced minimal fluctuations until a noticeable rise beginning in 2017, peaking at $76,163.39 in 2021. This upward trend suggests potential economic growth and could be an attractive signal for investors, real estate agents, and those considering relocating to the area. The climb in taxable income might indicate enhanced job opportunities or wage increases, which could also influence property values and insurance considerations.
Average State and Local Income Taxes Per Tax Return in Putnam County, OH Over the Last 10 Years
Putnam County, Ohio has seen fluctuating trends in average state and local income taxes per tax return over the past decade, with a significant spike reaching $21,393.94 in 2021. These increases, particularly noticeable from 2018 onward, could indicate changes in tax policies or shifts in the economic landscape, making it crucial for investors, homebuyers, and professionals to consider the potential tax implications when evaluating the area's real estate market. Understanding these trends can be key for financial planning and property evaluations in Putnam County.
Average Total Tax Liability Per Tax Return in Putnam County, OH Over the Last 10 Years
Over the past decade, tax liabilities in Putnam County, Ohio, have shown considerable fluctuations, with noticeable peaks in 2013 ($9,756.65) and 2021 ($11,332.85), suggesting significant economic activities or policy changes during these years. After a dip around 2018 ($8,061.64), there has been a steady incline, which might imply growing incomes or shifts in tax regulation. This variable trend is crucial for potential investors, real estate developers, and appraisers evaluating the financial landscape and future potential of the area.
Cost of Living in Putnam County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $966 | $1,287 | $1,817 | $1,320 | $986 |
| 1 adult 4 children | $966 | $1,051 | $1,389 | $1,320 | $1,074 |
| 2 adults 3 children | $966 | $1,051 | $1,577 | $1,320 | $795 |
| 1 adult 3 children | $966 | $858 | $1,149 | $1,320 | $858 |
| 2 adults 2 children | $794 | $861 | $1,337 | $1,154 | $735 |
| 1 adult 2 children | $794 | $643 | $909 | $1,154 | $688 |
| 2 adults 1 child | $794 | $680 | $1,097 | $615 | $685 |
| 1 adult 1 child | $794 | $439 | $668 | $615 | $581 |
| 2 adults | $665 | $546 | $856 | $0 | $579 |
| 1 adult | $587 | $298 | $428 | $0 | $474 |
Safety trends & Data
Putnam County, Ohio may appeal to prospective residents and investors due to its relatively low and fluctuating property crime rates. Over the past three years, larceny-theft incidents varied slightly, peaking at 4.00 in 2019, but other crimes like fraud, vandalism, and motor vehicle theft consistently remained around 1.00. This trend might contribute to stable property valuations and potentially lower insurance rates, indicating a secure environment for... Read more
Property Crime Trends in Putnam County, OH Over the Last 3 Years
Putnam County, Ohio has seen fluctuating property crime trends over the last three years, with larceny-theft consistently being more prevalent compared to other crime categories. In 2018, larceny-theft incidents stood at 3.00, rising slightly to 4.00 in 2019 before dropping to 1.00 in 2020. Other crimes like fraud, vandalism, and motor vehicle theft have maintained relatively low occurrences, each logging a value around 1.00 over the observed years. This generally low incidence of property crimes could positively impact investment decisions, property valuations, and insurance rates in the area, suggesting a relatively stable and secure environment for prospective residents and investors.
Demographics
Putnam County, Ohio reflects a nearly equal gender balance, with males and females making up the adult population almost equally. The educational attainment levels show a significant majority having at least a high school diploma, with a substantial portion of the population achieving higher education degrees. Analyzing age distribution, the county has a varied age range with notable concentrations in the under-10 and 55 to 64 age brackets. Racial diversity seems limited, with a predominantly... Read more
Race Distribution in Putnam County, Ohio (2022)
Educational Attainment in Putnam County, Ohio (2022)
Age Distribution in Putnam County, Ohio
Citizen Population in Putnam County, Ohio (2022)
Political Trends & Data
Putnam County, Ohio, leaned heavily Republican in the 2020 U.S. Presidential Election, with over 82% of votes cast for the GOP candidate. Democrats received around 16%, while third parties collectively managed just over 1%. This strong conservative preference potentially signals to political strategists and analysts that targeting this electorate may require policies and messaging aligned with Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Putnam County, Ohio, may have exhibited a strong preference for Republican candidates in the 2020 U.S. Presidential Election, with over 82% of the vote. Democrats captured around 16%, while Libertarians and other third parties garnered minimal support, registering just over 1% collectively. This distribution could hint at a predominantly conservative electorate in this region. Such data could be valuable for political strategists and analysts looking to understand regional voting patterns and their implications for future elections.
82.39% of voters voted for the Republican party in the 2020 Presidential Election
16.04% of voters voted for the Democrat party in the 2020 Presidential Election
1.24% of voters voted for the Livertarian party in the 2020 Presidential Election
0.34% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Putnam County, Ohio, the student-to-teacher ratio has seen peaks and dips over the past decade, reaching a high of 18 students per teacher in 2016 and dropping to around 15 in 2019 and 2020. Recently, it has stabilized between 16 and 17 students per teacher. These fluctuations can be significant for investors and families, as smaller classes often suggest more personalized attention and potentially better educational outcomes. Notably, Putnam County’s ratios are generally higher than the... Read more
Student-to-teacher ratio in Putnam County, Ohio over the last 9 years
The student-to-teacher ratio in Putnam County, Ohio has fluctuated over the past nine years, peaking at 18 students per teacher in 2016 before dipping to around 15 in 2019 and 2020. Recently, it has hovered between 16 and 17. This variability in classroom sizes can be crucial for potential investors and families considering relocation, as smaller classes often imply more personalized attention for students, potentially boosting educational outcomes. Comparatively, Putnam County's ratios are generally above the U.S. national average of 14 students per teacher, which might influence teacher workload and student engagement in the area. These dynamics could be particularly relevant for appraisers, insurance agents, and real estate professionals assessing the community's desirability and long-term growth prospects.
