Ross County Real Estate and Livability Trends
Ross County, Ohio's average taxable income per tax return has grown from about $44,676 in 2013 to around $57,641 in 2021, hinting at economic growth. Median home values have climbed from $110,300 in 2015 to $153,500 in 2022, still more affordable compared to Ohio’s median of $183,300. Property crime rates have shown a notable decline, with larceny-theft plummeting from 478.00 cases in 2018 to... Read more
Ross County Market Trends
Ross County, Ohio has experienced a consistent rise in median home values, from $110,300 in 2015 to $153,500 in 2022, indicating potential economic growth or increased desirability. This remains more affordable compared to Ohio's median of $183,300 and the national figure of $179,400, making it potentially attractive for buyers. Residential energy tax credits have fluctuated significantly,... Read more
Median Value of Occupied Housing Units in Ross County, Ohio Over the Last 8 Years
Ross County, Ohio has seen consistent growth in median home values over the past eight years, rising from $110,300 in 2015 to $153,500 in 2022. This represents a steady increase and might suggest a strengthening local economy or improving desirability of the area. When compared to statewide and national trends, homes in Ross County remain more affordable, with Ohio’s median home values reaching $183,300 in 2022 and the national median at $179,400. This affordability could make Ross County an attractive option for buyers or investors looking for value in Ohio’s housing market.
Residential Energy Tax Credit Per Tax Return in Ross County, OH Over the Last 9 Years
Over the last nine years, Ross County, Ohio has seen notable fluctuations in the average residential energy tax credit per tax return. Beginning with modest averages around $350–$500 through 2017, there was a sudden surge in 2018, soaring to $3,000. This peak was followed by a pronounced dip, but averages remained relatively high, stabilizing above $1,000 from 2019 onward. These trends may indicate shifting investment patterns in energy-efficient home improvements, potentially driven by policy changes or local incentives. Investors, appraisers, and real estate agents might find this data useful when appraising the value or planning updates for properties in this region.
Average Real Estate Taxes Per Tax Return in Ross County, OH Over the Last 10 Years
Over the past decade in Ross County, Ohio, average real estate taxes per tax return have shown a notable upward trend. Starting at $2,085.00 in 2012, they gradually climbed to $2,484.06 by 2016, and then saw a significant jump to $3,573.00 in 2018. This increase continued, reaching $3,954.05 in 2020 before a slight dip to $3,887.67 in 2021. For potential investors, property developers, and real estate agents, this trend may suggest rising property values and increasing tax burdens. Buyers and insurance agents should consider these figures for accurate budgeting and coverage needs.
Percentage of Farm Returns in Ross County, OH Over the Last 10 Years
The percentage of farm tax returns in Ross County, Ohio has generally experienced a gradual decline over the last decade, falling from roughly 2.77% in 2012 to about 2.19% in 2021. Farm tax returns indicate the proportion of tax filings from agricultural businesses. This trend could suggest a reduction in the number of active farms or shifts in the economic viability of farming in the region. For potential investors and those looking to build or move to Ross County, understanding these changes might be crucial for making informed decisions about property investments and business opportunities related to agriculture.
Number of Mortgages by Occupancy Type in Ross County, OH Over the Last 5 Years in Ross County
Ross County, Ohio shows a notable rise in principal residence mortgages, peaking in 2021 with significant growth since 2018. The much lower and stable counts for investment properties and second residences suggest the area remains primarily a family-oriented locality. Shifts towards principal residences imply higher demand for long-term residency, which could mean greater stability and potentially increased property values, presenting viable opportunities for real estate investments. Understanding these trends helps appraisers and insurance agents better assess the local market's risk and dynamics. Additionally, future property developers and investors might prioritize long-term housing projects over short-term investments, aligning with the local housing preference towards principal residences.
Economic Outlook
Ross County, Ohio's average taxable income per tax return has risen from about $44,676 in 2013 to around $57,641 in 2021, signifying potential economic growth and a more robust job market. This could be encouraging for real estate investors and developers. The county has also seen its state and local income taxes more than double from $4,629.21 in 2012 to $8,610.67 in 2021, a trend likely driven by rising incomes or tax policy changes, reflecting the area's evolving fiscal landscape. Average... Read more
Average Taxable Income per Tax Return in Ross County, OH over the last 9 years
Over the past nine years, Ross County, Ohio has seen a notable upward trend in the average taxable income per tax return, with figures rising from approximately $44,676 in 2013 to around $57,641 in 2021. This consistent increase may suggest economic growth and a potentially more robust job market in the area, possibly making it an attractive location for investment and property development. While there was a slight dip in 2019, the general trend has been upward, which could appeal to real estate agents and those interested in market stability. Adjustments like these provide a useful indicator for appraisors and insurance agents assessing financial risk and property value in Ross County.
Average State and Local Income Taxes Per Tax Return in Ross County, OH Over the Last 10 Years
Over the past decade, Ross County, Ohio has experienced a noticeable increase in average state and local income taxes per tax return, escalating sharply from $4,629.21 in 2012 to $8,610.67 in 2021. This upward trend, particularly the substantial jumps between 2017 and 2021, may indicate rising incomes or changes in tax policies. Such shifts are crucial for potential investors, residents, and professionals involved in real estate and financial services, as they reflect the fiscal climate and economic dynamics of the area.
Average Total Tax Liability Per Tax Return in Ross County, OH Over the Last 10 Years
Ross County, Ohio has seen a gradual increase in average total tax liability per tax return over the past decade, with values rising from $6,052.26 in 2012 to $7,626.65 in 2021. This trend suggests a consistent upward movement in economic activity or income levels in the area. For potential investors, this might indicate a growing local economy, while appraisors and real estate agents could see a reflection of increasing home values. Insurance agents should consider these trends for assessing risk and premium calculations.
Cost of Living in Ross County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,045 | $1,355 | $1,900 | $1,320 | $1,021 |
| 1 adult 4 children | $1,045 | $1,107 | $1,453 | $1,320 | $1,100 |
| 2 adults 3 children | $1,045 | $1,107 | $1,648 | $1,320 | $820 |
| 1 adult 3 children | $1,045 | $904 | $1,201 | $1,320 | $873 |
| 2 adults 2 children | $856 | $906 | $1,397 | $1,154 | $743 |
| 1 adult 2 children | $856 | $677 | $950 | $1,154 | $686 |
| 2 adults 1 child | $856 | $716 | $1,145 | $615 | $689 |
| 1 adult 1 child | $856 | $463 | $698 | $615 | $562 |
| 2 adults | $690 | $575 | $894 | $0 | $556 |
| 1 adult | $624 | $314 | $447 | $0 | $465 |
Safety trends & Data
Ross County, Ohio's property crime trends over the last five years show fluctuating patterns, with larceny-theft peaking at 478.00 cases in 2018 but dropping significantly to 12.00 in 2022. Burglary incidents spiked in 2020 with 24.00 cases and varied modestly around that range. Vandalism has also decreased from 49.00 in 2018 to 20.00 in 2022. This possible downward trend in some property crimes could be relevant for potential investors and residents considering safety and property-related... Read more
Property Crime Trends in Ross County, OH Over the Last 5 Years
Ross County, Ohio's property crime trends over the last five years show fluctuating patterns, with larceny-theft typically being the most prevalent, peaking at 478.00 cases in 2018 but dropping significantly to 12.00 in 2022. Burglary incidents spiked in 2020 with 24.00 cases but have varied modestly around that range. Vandalism cases have seen a decrease from 49.00 in 2018 to 20.00 in 2022. The data suggests a possible downward trend in some property crimes, which could be relevant for potential investors and residents looking at safety and property-related risks in the area.
Demographics
Ross County, Ohio presents a demographic landscape where males slightly outnumber females. Educational attainment shows a clear majority having completed high school, but fewer pursuing higher education degrees. Age distribution reveals a balanced spread across age groups, with notable concentrations in middle-age categories. The racial composition is predominantly White, with smaller representations from Black or African American and other minority groups. This demographic profile may hint at... Read more
Race Distribution in Ross County, Ohio (2022)
Educational Attainment in Ross County, Ohio (2022)
Age Distribution in Ross County, Ohio
Citizen Population in Ross County, Ohio (2022)
Political Trends & Data
Ross County in Ohio shows a substantial conservative leaning, potentially indicated by the 2020 U.S. Presidential Election where Republicans may have secured close to 67% of the vote. This political tendency could play a role in shaping local policies and possibly influence real estate trends, such as property taxes and development regulations, making it a key factor for prospective buyers and investors to... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Ross County in Ohio leaned heavily toward the Republican party in the 2020 U.S. Presidential Election, with Republicans possibly securing around 67% of the vote. The Democratic party might have garnered just over 31%, while Libertarians and other parties collectively comprised a small fraction of the total. This distribution could suggest a significant conservative preference within the county during that election cycle.
66.90% of voters voted for the Republican party in the 2020 Presidential Election
31.70% 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
0.36% of voters voted for the Other party in the 2020 Presidential Election
School Data
Ross County, Ohio, has consistently had a higher student-to-teacher ratio compared to the national average over the past nine years, peaking at around 21 in 2020 and dipping to about 18 in 2014. Larger class sizes could suggest potential challenges in providing individualized attention to students, which might be a critical consideration for families looking to relocate. Real estate agents may want to factor this into discussions with clients, while investors and appraisers might view this as a... Read more
Student-to-teacher ratio in Ross County, Ohio over the last 9 years
The student-to-teacher ratio in Ross County, Ohio, has generally been above the national average of 14 students per teacher over the past nine years. With a peak ratio of approximately 21 in 2020 and the lowest at about 18 in 2014, the county consistently has larger class sizes compared to the norm across the United States. This could imply potential challenges in individualized attention for students or indicate resource constraints within the educational system. Such data might be relevant for prospective families considering a move, real estate agents highlighting local education statistics, or investors and appraisers assessing community growth and infrastructure needs.
