Scioto County Real Estate and Livability Trends
Rising average taxable income and increased taxable liabilities hint at Scioto County, Ohio residents' stronger purchasing power, potentially driving demand for homes. Median home values have climbed to $122,900 in 2022, markedly lower than state and national figures, possibly enticing buyers seeking affordability. The doubling of real estate taxes over the last decade suggests burgeoning... Read more
Scioto County Market Trends
Scioto County, Ohio, has experienced an impressive growth in median home values reaching $122,900 in 2022, making it notably more affordable compared to Ohio's median of $183,300 and the national median of $179,400. Residential energy tax credits have shown significant fluctuations, peaking at $1,740.00 in 2018, which may point to varying local adoption of energy-saving technologies and growing... Read more
Median Value of Occupied Housing Units in Scioto County, Ohio Over the Last 8 Years
Scioto County, Ohio, has seen consistent growth in median home values over the past eight years, culminating at $122,900 in 2022. Compared to Ohio's median value of $183,300 and the national median of $179,400, Scioto County remains a more affordable option. This could be particularly appealing for potential investors or those seeking lower initial housing costs, while still observing a trend of steady appreciation similar to broader markets.
Residential Energy Tax Credit Per Tax Return in Scioto County, OH Over the Last 9 Years
Scioto County, OH has seen a notable variability in residential energy tax credits over the last nine years, with values ranging from $326.25 in 2013 to a peak of $1,740.00 in 2018. These fluctuations may reflect broader changes in energy efficiency incentives or local adoption rates of energy-saving technologies. Interestingly, the recent years show a rising trend, nearing $1,018.18 in 2021, which might indicate growing awareness or increased investment in energy-efficient home improvements. This trend could be appealing for potential investors, energy-conscious homeowners, and real estate agents as an indicator of a community increasingly focused on sustainable living.
Average Real Estate Taxes Per Tax Return in Scioto County, OH Over the Last 10 Years
In Scioto County, Ohio, the trend in average real estate taxes per tax return over the last decade shows a notable rise, with a particularly sharp increase beginning in 2018. Starting at $1,981.66 in 2012, taxes gradually rose to $2,531.06 by 2017. The most significant jump occurred between 2017 and 2020, where taxes surged from $2,531.06 to a peak of $3,908.33. While there was a slight decline to $3,657.14 in 2021, overall taxes have more than doubled in ten years. This pattern may suggest rising property values and development, a critical insight for potential investors, real estate professionals, and local stakeholders.
Percentage of Farm Returns in Scioto County, OH Over the Last 10 Years
Farm tax returns in Scioto County, Ohio have fluctuated slightly over the last decade but show a general declining trend. Percentages started around 2.46% in 2012 and saw minor variations before dropping to 2.06% in 2021. These figures may suggest changing agricultural conditions or economic factors affecting farm operations. This could be relevant for investors or property developers considering agricultural investments or rural real estate, as it hints at broader economic trends in the county.
Number of Mortgages by Occupancy Type in Scioto County, OH Over the Last 5 Years in Scioto County
Over the past five years in Scioto County, Ohio, there has been a noticeable fluctuation in the number of mortgages across different occupancy types. Principal residences consistently dominate with numbers ranging from 2,140 to 3,064, while investment properties and second residences show more modest figures, rarely surpassing 132 and 41 respectively. These trends imply a stronger market for principal homes, which might suggest stable community roots and demand for long-term housing. For investors and developers, the modest yet consistent numbers in investment property mortgages could indicate a nascent, less saturated market with growth potential. Similarly, the minimal activity in second residences suggests less interest in Scioto County as a vacation or secondary home destination, possibly reflecting its appeal primarily as a primary residential area rather than a recreational or seasonal hotspot.
Economic Outlook
Scioto County, Ohio has seen an upward trend in average taxable income per tax return, rising from about $44,162.48 in 2013 to around $55,012.69 in 2021, suggesting increased purchasing power. Tax liabilities have also increased from roughly $6,094.35 in 2012 to approximately $7,508.20 in 2021, which may imply higher incomes or tax law adjustments. However, the county has experienced significant fluctuations in poverty rates, peaking at 28.4% in 2014 and dropping to 19.4% in 2016, potentially... Read more
Average Taxable Income per Tax Return in Scioto County, OH over the last 9 years
Scioto County, Ohio has experienced a general upward trend in average taxable income per tax return over the last nine years, with figures rising from approximately $44,162.48 in 2013 to around $55,012.69 in 2021. This increase could be enticing for real estate investors and developers, as higher income levels might correlate with improved purchasing power in the area. Additionally, fluctuations such as the dip in 2019 to $50,209.74 suggest some economic uncertainties, valuable information for appraisers and insurance agents to consider when assessing property values and risk in this region.
Average State and Local Income Taxes Per Tax Return in Scioto County, OH Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Scioto County, Ohio have shown significant fluctuations. From 2012 to 2017, the annual amounts hovered around the mid-$4,900 to mid-$5,100 range, seeing a slight upward trend. However, beginning in 2018, a remarkable spike occurred with taxes reaching up to $11,044.16 in 2019, before slightly normalizing but still staying above $9,300 in 2021. This sharp increase could suggest economic changes, policy adjustments, or demographic shifts in the region, making it an essential consideration for potential investors, property developers, and financial professionals assessing the local market.
Average Total Tax Liability Per Tax Return in Scioto County, OH Over the Last 10 Years
Scioto County, Ohio has seen a notable trend in its average total tax liability per tax return over the last decade, generally reflecting an upward trajectory. Starting at approximately $6,094.35 in 2012, the liability gradually increased to around $7,508.20 by 2021, peaking in 2017 and 2018 before a slight dip in 2019. This rise in tax liability could imply higher incomes or adjustments in tax laws affecting residents, making it crucial for investors, potential residents, and real estate interests to consider these factors when evaluating financial commitments in the area.
Cost of Living in Scioto County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,109 | $1,327 | $1,923 | $1,320 | $1,029 |
| 1 adult 4 children | $1,109 | $1,084 | $1,471 | $1,320 | $1,110 |
| 2 adults 3 children | $1,109 | $1,084 | $1,669 | $1,320 | $828 |
| 1 adult 3 children | $1,109 | $885 | $1,216 | $1,320 | $882 |
| 2 adults 2 children | $794 | $887 | $1,414 | $1,154 | $708 |
| 1 adult 2 children | $794 | $663 | $962 | $1,154 | $639 |
| 2 adults 1 child | $794 | $701 | $1,159 | $615 | $654 |
| 1 adult 1 child | $794 | $453 | $707 | $615 | $526 |
| 2 adults | $703 | $563 | $905 | $0 | $546 |
| 1 adult | $589 | $307 | $452 | $0 | $439 |
Safety trends & Data
Scioto County, Ohio has experienced varying property crime rates over the past five years. Larceny-theft arrests spiked in 2019 with 282 but dropped significantly to 57 by 2021. Burglary arrests peaked at 30 in 2018 and declined to 8 in 2020. Vandalism and fraud arrests have remained stable, usually between 10 and 20 annually. This fluctuating yet seemingly decreasing trend in serious property crimes could hint at a safer environment, dependent on ongoing community and policing... Read more
Property Crime Trends in Scioto County, OH Over the Last 5 Years
Scioto County, Ohio has seen a fluctuating trend in property crimes over the last five years. The most pronounced changes are in instances of larceny-theft, which spiked in 2019 with 282 arrests but saw a significant drop to 57 by 2021. Burglary arrests have also varied, peaking at 30 in 2018 and hitting a low of 8 in 2020. Vandalism and fraud arrests have remained relatively stable, typically ranging between 10 and 20 a year. For those considering investment or residency, these numbers might suggest a shifting but generally decreasing trend in serious property crimes, offering a potentially safer environment contingent on continued policing and community efforts.
Demographics
Scioto County, Ohio exhibits a fairly balanced gender distribution, with males and females almost equally represented. The population shows a significant proportion achieving high school education or higher, though fewer attain bachelor's degrees or advanced degrees. The age distribution hints at a somewhat aging demographic, with notable clusters in the 55-64 age bracket. The racial makeup primarily consists of White individuals, with smaller representations from other racial groups. These... Read more
Race Distribution in Scioto County, Ohio (2022)
Educational Attainment in Scioto County, Ohio (2022)
Age Distribution in Scioto County, Ohio
Citizen Population in Scioto County, Ohio (2022)
Political Trends & Data
Scioto County, Ohio, seems to have a strong Republican leaning, possibly capturing around 70.5% of the votes in the 2020 U.S. Presidential Election, while the Democratic candidate might have received just 28.3%. The marked conservative influence could affect local real estate trends by potentially fostering conditions favorable to development projects aligned with conservative and business-friendly policies. This partisan split may also impact community dynamics and preferences in home buying,... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Scioto County, Ohio, may have seen a significant leaning towards the Republican candidate in the 2020 U.S. Presidential Election, potentially capturing about 70.5% of the votes. The Democratic contender might have garnered approximately 28.3%, while other parties, including the Libertarian and Green parties, perhaps received negligible shares. This distribution suggests a strong conservative influence, though the precise implications could vary with wider state and national trends.
70.55% of voters voted for the Republican party in the 2020 Presidential Election
28.33% of voters voted for the Democrat party in the 2020 Presidential Election
0.82% 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
Scioto County, Ohio, has seen its student-to-teacher ratio fluctuate over the past nine years, moving from 18 in 2014 to nearly 14 in 2021, and settling at 17 in 2023. While some years show ratios above the national average of 14, recent data appears more aligned with national standards. These shifts could have significant implications for investors, residents, educators, and insurance agents by affecting school funding decisions, resource allocation, and community desirability due to potential... Read more
Student-to-teacher ratio in Scioto County, Ohio over the last 9 years
Over the last nine years, Scioto County, Ohio, has experienced notable fluctuations in its student-to-teacher ratio, beginning at 18 in 2014 and reaching its lowest point at nearly 14 in 2021, before slightly rising again to 17 by 2023. Although some years show ratios above the national average of 14 students per teacher, recent data indicates a closer alignment with national standards. These changes might have significant implications for prospective investors, residents, educators, and insurance agents by influencing decisions regarding school funding, resource allocation, and overall community desirability due to potential impacts on educational quality.
