Stark County Real Estate and Livability Trends
Stark County, Ohio has experienced an upward trend in property values, with median home prices rising from $122,900 in 2015 to $164,900 in 2022, making it an affordable alternative to state and national medians. There have been significant peaks in average residential energy tax credits, indicating potential green initiative investments. Real estate taxes per tax return have nearly doubled since... Read more
Stark County Market Trends
Over the past eight years, the median home values in Stark County, Ohio have increased from $122,900 in 2015 to $164,900 in 2022, positioning the area as an affordable option below Ohio's state median ($183,300) and the national figure ($179,400). Average residential energy tax credits saw significant peaks, particularly in 2018 ($2,383.33) and 2019 ($567.63), hinting at policy changes or... Read more
Median Value of Occupied Housing Units in Stark County, Ohio Over the Last 8 Years
Over the past eight years, the median home values in Stark County, Ohio have shown a steady increase from $122,900 in 2015 to $164,900 in 2022. While this uptick is noteworthy, it still sits below the state of Ohio's median value of $183,300 and the national value of $179,400 in 2022. This suggests that Stark County might be a more affordable option for buyers compared to other areas, offering potential value for those looking to invest or settle down without the heftier price tags seen elsewhere.
Residential Energy Tax Credit Per Tax Return in Stark County, OH Over the Last 9 Years
Stark County, Ohio has shown a significant fluctuation in average residential energy tax credits per tax return over the past nine years. Particularly noteworthy are the years 2018 and 2019, where the average credits peaked sharply at $2,383.33 and then dropped to $567.63. This suggests potential policy changes or heightened energy-saving investments during that period. For potential investors, builders, and real estate agents, these variations could hint at evolving local attitudes towards energy efficiency, possibly indicating a supportive environment for green building initiatives and energy-saving technologies. Insurance agents and appraisers might also find these trends useful for assessing property values and risk profiles based on likely energy efficiency upgrades within the area.
Average Real Estate Taxes Per Tax Return in Stark County, OH Over the Last 10 Years
Over the past decade in Stark County, Ohio, average real estate taxes per tax return have significantly increased, with figures rising from approximately $2,937.16 in 2012 to about $5,603.12 in 2021. This growing trend might suggest rising property values and potentially higher demand in the region, making it a noteworthy point for investors and real estate agents to consider. Additionally, for appraisers and insurance agents, this steady increase in property taxes could influence the cost of property ownership and insurance premiums, reflecting a gradually intensifying market.
Percentage of Farm Returns in Stark County, OH Over the Last 10 Years
Farm returns in Stark County, Ohio have generally hovered around 0.67% to 0.72% over the past decade, indicating a relatively stable agricultural sector. These percentages reflect the proportion of tax returns filed by farm operations in the county, highlighting the consistency and persistent presence of farming activities in the region. For those planning to invest, build property, or relocate to Stark County, this stable agricultural footprint might suggest a reliable rural component to local economy, contributing to the area's character and potential investment opportunities.
Number of Mortgages by Occupancy Type in Stark County, OH Over the Last 5 Years in Stark County
Stark County, Ohio has seen fluctuations in mortgage counts over the past five years, with principal residences consistently dominating the numbers. Despite a peak in 2021, investment properties and second residences remain a small fraction of the overall mortgage market. These shifts in occupancy types might hint at varying levels of demand and investment potential. For investors and real estate agents, understanding these trends can help in gauging market stability and identifying opportunities. Appraisers and insurance agents may also find this data helpful in assessing property values and associated risks, while prospective homeowners can use it as a barometer for housing availability and popular types of occupancy.
Economic Outlook
Stark County, Ohio has seen an impressive rise in average taxable income per tax return, jumping from approximately $49,903.44 in 2013 to around $68,369.10 in 2021. This increase, particularly the spike between 2020 and 2021, suggests a potentially thriving local economy. Concurrently, state and local income taxes have escalated, suggesting possible policy changes or economic dynamics at play. The total average tax liability has also climbed since 2014, peaking at $10,683.39 in 2021, reflecting... Read more
Average Taxable Income per Tax Return in Stark County, OH over the last 9 years
Stark County, Ohio has experienced a growth trend in average taxable income per tax return over the last nine years. Since 2013, the average taxable income has increased from roughly $49,903.44 to about $68,369.10 in 2021. This steady climb, especially the marked jump between 2020 and 2021, suggests a potential rise in economic opportunity and living standards. This trend could be appealing for investors, potential residents, real estate agents, and anyone involved in financial assessments or property development, as it may indicate a healthier local economy and an increasing capacity for higher spending and investment.
Average State and Local Income Taxes Per Tax Return in Stark County, OH Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Stark County, Ohio have seen a notable increase, particularly from 2018 onwards. While figures fluctuated around the $5,900 to $6,100 mark for several years, they surged to $9,588.85 in 2018 and reached a peak of $12,556.53 in 2020, stabilizing somewhat at $12,488.71 in 2021. This upward trend may indicate changing economic conditions or policy shifts, providing important insight for potential investors, homebuyers, and real estate professionals.
Average Total Tax Liability Per Tax Return in Stark County, OH Over the Last 10 Years
Over the past decade, Stark County, Ohio has seen fluctuations in average total tax liability per return, with notable increases particularly from 2014 onwards. By 2021, the average tax liability reached a peak of $10,683.39, indicating a rise in economic activity or changes in taxation policies. Such trends can be critical for investors, real estate agents, and insurance agents as they reflect the financial environment and potential for market growth. Appraisers and those looking to build or move into the area might consider these figures when assessing long-term financial commitments or property values.
Cost of Living in Stark County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,091 | $1,500 | $1,872 | $1,413 | $1,083 |
1 adult 4 children | $1,091 | $1,225 | $1,440 | $1,413 | $1,166 |
2 adults 3 children | $1,091 | $1,225 | $1,621 | $1,413 | $869 |
1 adult 3 children | $1,091 | $1,000 | $1,188 | $1,413 | $928 |
2 adults 2 children | $865 | $1,003 | $1,369 | $1,256 | $767 |
1 adult 2 children | $865 | $749 | $936 | $1,256 | $711 |
2 adults 1 child | $865 | $793 | $1,117 | $743 | $713 |
1 adult 1 child | $865 | $512 | $684 | $743 | $583 |
2 adults | $657 | $637 | $865 | $0 | $537 |
1 adult | $578 | $347 | $432 | $0 | $439 |
Safety trends & Data
Stark County, Ohio, has seen some interesting shifts in property crimes over the past five years that could influence real estate and insurance sectors. Larceny-theft incidents spiked at 1,272 in 2019 but then dropped to 755 by 2021. Burglary peaked again in 2022, returning to 2019 levels after a 2021 dip. Vandalism has been relatively stable but consistently higher than other crime types, peaking at 125 in 2022. Fraud and forgery have generally declined, while motor vehicle theft, though low,... Read more
Property Crime Trends in Stark County, OH Over the Last 5 Years
Stark County, Ohio, has seen varying trends in property crimes over the past five years. Larceny-Theft incidents peaked at 1,272 in 2019, showing a significant rise compared to other years but then dropped notably to 755 by 2021. Burglary showed a spike in 2022, recovering to 2019 levels after a dip in 2021. Vandalism has remained relatively stable but notably higher than other types, peaking at 125 in 2022. Fraud and Forgery incidents generally displayed a declining pattern. Motor Vehicle Theft, although relatively low in comparison, has doubled from 13 in 2018 to 21 in 2022. These fluctuations can offer critical insights for those interested in the real estate and insurance sectors, reflecting underlying dynamics that may impact property values and risk assessments.
Demographics
Stark County, Ohio, displays a gender balance with a slightly higher female population. The educational attainment is varied, with roughly 40% of adults holding at least some college education, reflecting a relatively educated populace. Age distribution shows a fairly even spread across age groups, but there's a noticeable concentration in the 55 to 64 years bracket, hinting at a potentially aging population. Racial composition is predominantly White, with Black or African American individuals... Read more
Race Distribution in Stark County, Ohio (2022)
Educational Attainment in Stark County, Ohio (2022)
Age Distribution in Stark County, Ohio
Citizen Population in Stark County, Ohio (2022)
Political Trends & Data
In Stark County, Ohio, during the 2020 U.S. Presidential Election, the Republican party possibly held a significant lead with around 58.5% of the votes, hinting at a strong conservative presence. The Democratic party garnered approximately 40%, suggesting a sizable, though minority, liberal base. Libertarians and other parties seemed to have minimal impact, capturing just over 1% and less than 1% of the vote respectively, which might indicate a predominantly two-party preference among voters in... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Stark County, Ohio, during the 2020 U.S. Presidential Election, the Republican party possibly held a significant lead with around 58.5% of the votes, potentially suggesting a strong conservative presence. The Democratic party garnered approximately 40%, indicating a sizable, though minority, liberal base. Libertarians and other parties seemed to have minimal impact, capturing just over 1% and less than 1% of the vote respectively. This distribution could hint at a predominantly two-party preference among voters in this region.
58.51% of voters voted for the Republican party in the 2020 Presidential Election
39.97% of voters voted for the Democrat party in the 2020 Presidential Election
1.14% of voters voted for the Livertarian party in the 2020 Presidential Election
0.38% of voters voted for the Other party in the 2020 Presidential Election
School Data
Stark County, Ohio's student-to-teacher ratio has experienced notable swings, starting at about 18 students per teacher in 2014, soaring to nearly 30 by 2019, and then settling around 19 in 2023. Such volatility possibly reflects wider dynamics in school funding, district policies, or demographic changes, which could be of interest to investors, real estate agents, and families. With a current ratio above the national average of 14, larger classroom sizes might affect educational quality,... Read more
Student-to-teacher ratio in Stark County, Ohio over the last 9 years
Stark County, Ohio has seen significant fluctuations in its student-to-teacher ratio over the past nine years. Starting at approximately 18 students per teacher in 2014, the ratio peaked dramatically at nearly 30 in 2019 before dropping back to around 19 by 2023. This volatility could indicate broader shifts in school funding, district policies, or population changes, which might interest potential investors, real estate agents, and families considering relocation. The county's current ratio remains above the national average of 14, suggesting that classroom sizes are typically larger here, a factor that might impact educational quality and, by extension, property values and community desirability.