Vinton County Real Estate and Livability Trends
Vinton County, Ohio's real estate landscape seems to be on an upward trajectory, with median home values soaring by 52% from $81,000 in 2015 to $123,400 in 2022. This growth outstrips both state and national trends. The rise in average taxable income, peaking at $52,553.22 in 2021, coupled with increasing property taxes, indicates an expanding economic base. However, varying state and local... Read more
Vinton County Market Trends
Vinton County, Ohio has experienced a remarkable 52% increase in median home values from $81,000 in 2015 to $123,400 in 2022, outpacing state and national growth. The fluctuating average residential energy tax credit, peaking at $1,300.00 in 2019, indicates varying local policies and investment in energy efficiency. Average real estate taxes per tax return nearly doubled over the last decade,... Read more
Median Value of Occupied Housing Units in Vinton County, Ohio Over the Last 8 Years
Vinton County, Ohio has seen a substantial increase in median home values over the past eight years, with values rising from $81,000 in 2015 to $123,400 in 2022. This sharp 52% growth contrasts with the more moderate increases at the state and national levels, where Ohio's median home value went from $129,900 to $183,300 and the U.S. average rose from $125,500 to $179,400 over the same period. Investors and residents might find Vinton County particularly interesting due to its rapid appreciation rate, indicating a potential for strong returns in both the near and long-term future.
Residential Energy Tax Credit Per Tax Return in Vinton County, OH Over the Last 8 Years
Vinton County, Ohio has seen a fluctuating trend in the Average Residential Energy Tax Credit per Tax Return over the past eight years. Notably, the credit peaked in 2019 at $1,300.00, followed by a significant drop in 2020 to $780.00. The spike in 2016 at $600.00 also stands out compared to the relatively stable figures in other years. These variations could suggest shifts in local policies or the availability of energy-efficient upgrades influencing residential investment into energy-saving measures. This information is pivotal for investors, builders, and real estate agents eyeing sustainability trends in Vinton County.
Average Real Estate Taxes Per Tax Return in Vinton County, OH Over the Last 10 Years
Over the last decade, Vinton County, Ohio, has experienced a notable increase in average real estate taxes per tax return. Starting at $1,800.00 in 2012, these taxes have consistently escalated, reaching $3,425.00 in 2021. The substantial jumps in 2018 and 2020, rising to $2,725.00 and $3,275.00, respectively, could hint at rising property values or potential shifts in tax policies. Such trends might be of interest to investors and those planning to move to the area, as they reflect underlying economic and societal changes that can impact future financial commitments.
Percentage of Farm Returns in Vinton County, OH Over the Last 10 Years
In Vinton County, Ohio, the percentage of farm tax returns has seen slight fluctuations over the last decade, generally hovering around the 3.5% to 4.3% range. Farm tax returns, essentially the income reported to authorities from agricultural activities, provide insight into the county's economic health related to farming. This trend is valuable for potential investors, property developers, and new residents, as it may suggest a stable or slowly growing agricultural economy. This general steadiness in farm returns might indicate consistent farming activities, which could appeal to those looking for reliable agricultural areas.
Number of Mortgages by Occupancy Type in Vinton County, OH Over the Last 5 Years in Vinton County
In the past five years, principal residences dominated the mortgage landscape in Vinton County, Ohio, although there's a slight decline since a peak in 2021. Investment properties saw a modest upward trend until 2021, then dipped, while second residences consistently fluctuated but remained relatively minimal. These shifts in occupancy types could influence investment decisions, property values, and market stability. For appraisers, insurance agents, and real estate professionals, understanding these dynamics helps gauge the market's health and guides risk assessments. For potential movers or builders, shifts in primary residence trends may reflect local economic conditions and community growth potential.
Economic Outlook
Vinton County, Ohio's real estate market might be experiencing a boost thanks to a gradual increase in average taxable income per tax return, which peaked at $52,553.22 in 2021. This upward trend could suggest a growing economic base that's attractive to investors and new residents alike. However, variable state and local income taxes, ranging from $3,416.67 to $4,750.00 over the past decade, add a layer of complexity to financial planning in this area. Meanwhile, an uptick in average total tax... Read more
Average Taxable Income per Tax Return in Vinton County, OH over the last 9 years
Vinton County, Ohio has seen a gradual increase in average taxable income per tax return over the past nine years, peaking in 2021 at $52,553.22. This upward trend suggests a potentially growing economic base that might attract real estate investors, developers, and new residents. The data could be relevant for appraisers and insurance agents evaluating property values or risks, as steady income growth can often correlate with increased property desirability and stability. Real estate agents could leverage this information to highlight the positive economic trajectory when marketing properties in the area.
Average State and Local Income Taxes Per Tax Return in Vinton County, OH Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Vinton County, Ohio, have shown noticeable fluctuations. Taxpayers experienced higher taxes during 2012, 2018, and 2019, with averages reaching up to $4,750.00 in 2019. Conversely, lower averages were noted in 2013, 2014, and 2017, bottoming out around $3,416.67. This variability might influence decisions for potential investors, real estate agents, and those considering relocation, as it can affect the overall cost of living and profitability of property investments. Understanding these trends could provide a more nuanced picture of fiscal responsibilities in this county.
Average Total Tax Liability Per Tax Return in Vinton County, OH Over the Last 10 Years
The average total tax liability per tax return in Vinton County, Ohio has shown a general upward trend over the past decade. Notably, there was a significant jump in 2021, where the average liability reached $6,597.61, up from $5,282.18 in 2020. This gradual increase, particularly the sharp rise in recent years, may be of interest to potential investors, new residents, and financial professionals, as it could indicate changing economic conditions or tax policies in the area.
Cost of Living in Vinton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $966 | $1,287 | $1,900 | $1,320 | $997 |
| 1 adult 4 children | $966 | $1,051 | $1,453 | $1,320 | $1,079 |
| 2 adults 3 children | $966 | $1,051 | $1,648 | $1,320 | $801 |
| 1 adult 3 children | $966 | $858 | $1,201 | $1,320 | $856 |
| 2 adults 2 children | $794 | $861 | $1,397 | $1,154 | $736 |
| 1 adult 2 children | $794 | $643 | $950 | $1,154 | $681 |
| 2 adults 1 child | $794 | $680 | $1,145 | $615 | $682 |
| 1 adult 1 child | $794 | $439 | $698 | $615 | $557 |
| 2 adults | $618 | $546 | $894 | $0 | $545 |
| 1 adult | $587 | $298 | $447 | $0 | $465 |
Safety trends & Data
In Vinton County, Ohio, the last five years have shown a fluctuating trend in property crimes, with burglary incidents peaking in 2021 at 6 arrests before dropping to just 1 in 2022, possibly reflecting improved home security or law enforcement. Larceny-theft, the most consistent category, decreased from 5 arrests in 2018 to 1 in 2022, suggesting enhanced community vigilance or preventive measures. Meanwhile, vandalism arrests showed irregular patterns but increased towards 2022. These trends... Read more
Property Crime Trends in Vinton County, OH Over the Last 5 Years
In Vinton County, Ohio, a fluctuating trend in property crimes over the last five years reveals varying concerns across different crime categories. Burglary incidents peaked in 2021 with 6 arrests but fell to just 1 arrest in 2022, suggesting potential improvement in home security or law enforcement effectiveness. Larceny-theft, the most consistent category, showed a notable drop from 5 arrests in 2018 to 1 arrest in 2022, which may indicate better community vigilance or preventive measures. Meanwhile, vandalism arrests, though not consistent year-to-year, saw increased activity towards 2022. These variations highlight Vinton County's dynamic crime landscape and offer valuable insights for potential investors, residents, real estate agents, and local authorities.
Demographics
Vinton County, Ohio, shows a near even split in its adult population between males and females, hinting at a balanced gender demographic. Educational attainment leans heavily towards high school graduates and those with some college but no degree, suggesting a community with foundational education but possibly limited higher educational advancement. Age distribution reveals a considerable portion of the population is aged 45 and over, indicating potential future needs for healthcare and senior... Read more
Race Distribution in Vinton County, Ohio (2022)
Educational Attainment in Vinton County, Ohio (2022)
Age Distribution in Vinton County, Ohio
Citizen Population in Vinton County, Ohio (2022)
Political Trends & Data
Vinton County, Ohio, exhibited a substantial Republican majority in the 2020 U.S. Presidential Election, with nearly 77% of votes cast in favor of the Republican candidate. Democrats secured just over 22%, and other parties had a minimal impact. This strong conservative voter base might influence local and state political landscapes in future... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Vinton County, Ohio, the 2020 U.S. Presidential Election results leaned heavily toward the Republican party, with a significant majority of nearly 77%. Democrats garnered just over 22% of the vote, while other parties, such as the Libertarian party and various independents, contributed only marginally. The dominance of Republican votes in this county suggests a strong conservative base, which could impact local and state political dynamics in future elections.
76.82% of voters voted for the Republican party in the 2020 Presidential Election
22.07% of voters voted for the Democrat party in the 2020 Presidential Election
0.78% of voters voted for the Livertarian party in the 2020 Presidential Election
0.33% of voters voted for the Other party in the 2020 Presidential Election
School Data
Vinton County, Ohio has seen a gradual decline in the student-to-teacher ratio over the past nine years, frequently dipping below the national average of 14 students per teacher since 2018. This trend may suggest smaller class sizes, potentially leading to better educational outcomes and more individualized attention for students. For investors and families, this could be appealing as it may signal a higher quality of education. Real estate agents can leverage this to highlight the area's... Read more
Student-to-teacher ratio in Vinton County, Ohio over the last 9 years
Over the last nine years, the student-to-teacher ratio in Vinton County, Ohio has shown a gradual decline, dipping below the national average of 14 students per teacher multiple years since 2018. This trend could be indicative of smaller class sizes, which may enhance individualized attention for students and potentially improve educational outcomes. For investors and families considering moving to the area, a lower student-to-teacher ratio might be an attractive feature, as it often signals a more personalized learning environment. Real estate agents and appraisers might leverage this data to highlight the area's commitment to quality education. Insurance agents and developers might also be interested since better educational environments can influence family decisions and local demographics.
