Warren County Real Estate and Livability Trends
Warren County, Ohio has witnessed a notable rise in average taxable income, climbing from $74,975.17 in 2013 to $110,372.12 in 2021, hinting at a burgeoning local economy and heightened earning power. Median home values skyrocketed from $190,900 in 2015 to $290,900 in 2022, suggesting a robust real estate market outpacing both state and national trends. Meanwhile, property taxes increased from... Read more
Warren County Market Trends
Warren County, Ohio has seen significant housing market dynamics over recent years. Median home values skyrocketed from $190,900 in 2015 to $290,900 in 2022, outpacing both state and national growth trends. This suggests a robust market for potential investors. Residential energy tax credits here have experienced notable fluctuations, peaking dramatically at $3,440.91 in 2018, hinting at periods... Read more
Median Value of Occupied Housing Units in Warren County, Ohio Over the Last 8 Years
Median home values in Warren County, Ohio have seen a considerable rise from $190,900 in 2015 to $290,900 in 2022. This increase outpaces Ohio's overall growth from $129,900 to $183,300 and national trends, where median values grew from $125,500 to $179,400 during the same period. This sharper incline may indicate Warren County as a particularly vital area for real estate investment within Ohio, offering prospective homeowners and investors a robust appreciation potential compared to broader state and national markets.
Residential Energy Tax Credit Per Tax Return in Warren County, OH Over the Last 9 Years
Over the last nine years in Warren County, Ohio, the average residential energy tax credit per tax return has seen significant fluctuations. The most notable spike occurred in 2018, with an average credit of $3440.91, which is substantially higher than the other years. While the credits were relatively stable between $380.00 and $541.23 from 2013 to 2017, they again varied from $720.11 to $937.33 in the subsequent years. Investors, builders, and real estate agents might find this data point intriguing as it suggests periods where larger investments in energy-efficient upgrades were made, possibly influenced by statewide or federal incentives.
Average Real Estate Taxes Per Tax Return in Warren County, OH Over the Last 10 Years
Warren County, Ohio has seen a steady increase in average real estate taxes per tax return over the past decade. Starting at $4,175.25 in 2012, the taxes have climbed to $6,857.10 by 2021, highlighting a noteworthy upward trend. This increase suggests a rising valuation of properties in the area, making it potentially lucrative for real estate investors and agents. The marked increase, particularly noticeable post-2017, could be reflective of enhanced local services or infrastructural growth, something appraisers and insurance agents might find useful when evaluating properties. Those considering moving or building in Warren County should factor in possibly higher property-related expenses.
Percentage of Farm Returns in Warren County, OH Over the Last 10 Years
Over the last decade, Warren County, Ohio has seen a slight decline in the percentage of farm tax returns, dropping from about 0.83% in 2012 to roughly 0.60% in 2021. Farm tax returns signify the portion of tax filings attributable to farming activities, indicating economic shifts in the agricultural sector. This trend can signal a move away from farming and could influence decisions for those looking to invest in property development or considering agricultural investments in the area.
Number of Mortgages by Occupancy Type in Warren County, OH Over the Last 5 Years in Warren County
Over the last five years in Warren County, Ohio, mortgage counts for principal residences have significantly overshadowed those for investment and second residences. Notably, there was a substantial spike in principal residence mortgages in 2020, followed by a notable decline in 2022. Investment property mortgages experienced a minor peak in 2021, while second residence mortgages remained consistently low throughout the period. Changes in occupancy types can signal shifts in local market dynamics, reflecting economic confidence and influencing property values and insurance assessments. Investors and developers should note the dominant demand for primary residences, while real estate agents and appraisers can leverage these insights for targeted services.
Economic Outlook
Warren County, Ohio has witnessed a notable rise in average taxable income, climbing from $74,975.17 in 2013 to $110,372.12 in 2021. This trend hints at a burgeoning local economy and increased earning power, likely enticing to investors and real estate pros. Meanwhile, state and local income taxes have nearly doubled within the past decade, reaching around $13,432.45 by 2021, possibly pointing to evolving fiscal policies or economic growth. These rising figures are significant for homeowners... Read more
Average Taxable Income per Tax Return in Warren County, OH over the last 9 years
Over the past nine years, the average taxable income per tax return in Warren County, Ohio has shown a general upward trend, increasing from approximately $74,975.17 in 2013 to around $110,372.12 in 2021. This could potentially indicate a robust local economy and rising earning power among residents, which may be attractive for investors and real estate professionals. For those in the appraisal and insurance industries, these income trends suggest more affluent homeowners and potentially higher property values. If you're considering moving or living in Warren County, this rising income trend may reflect broader economic stability and growth in the area.
Average State and Local Income Taxes Per Tax Return in Warren County, OH Over the Last 10 Years
Warren County, Ohio, has seen a significant increase in average state and local income taxes per tax return over the past decade, jumping from around $6,973.69 in 2012 to approximately $13,432.45 by 2021. This upward trajectory, especially notable after 2017, could potentially affect homeowners, investors, and new residents, reflecting larger economic trends. For instance, the spike around 2018 onwards suggests changing fiscal policies or possibly economic growth resulting in higher incomes and tax liabilities for residents, which might interest appraisers and real estate agents who are evaluating property values and investment opportunities in the area.
Average Total Tax Liability Per Tax Return in Warren County, OH Over the Last 10 Years
Warren County, Ohio has seen a noticeable upward trend in average total tax liability per tax return over the last decade, with values reaching approximately $20,753.20 by 2021. This trend suggests a potentially growing affluence in the area, which could imply rising property values and a robust local economy. Investors and real estate agents might find this appealing, while appraisers and insurance agents should view this as a changing risk landscape. Those planning to build property here may need to consider how increasing tax liabilities could impact overall project costs.
Cost of Living in Warren County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,843 | $1,464 | $1,858 | $1,778 | $1,640 |
| 1 adult 4 children | $1,843 | $1,195 | $1,429 | $1,778 | $1,772 |
| 2 adults 3 children | $1,843 | $1,196 | $1,608 | $1,778 | $1,368 |
| 1 adult 3 children | $1,843 | $976 | $1,179 | $1,778 | $1,532 |
| 2 adults 2 children | $1,376 | $979 | $1,358 | $1,589 | $1,073 |
| 1 adult 2 children | $1,376 | $731 | $929 | $1,589 | $1,125 |
| 2 adults 1 child | $1,376 | $774 | $1,108 | $974 | $967 |
| 1 adult 1 child | $1,376 | $500 | $679 | $974 | $891 |
| 2 adults | $1,056 | $622 | $858 | $0 | $703 |
| 1 adult | $920 | $339 | $429 | $0 | $567 |
Safety trends & Data
Property crime trends in Warren County, Ohio have seen notable fluctuations in recent years, particularly in categories like Larceny-Theft and Burglary. In 2019, Larceny-Theft surged to 468 incidents but then dropped significantly in 2020, while Burglary also saw an uptick in 2019 compared to other years. However, recent data suggests a rebound in theft-related crimes by 2022. This information could be critical for potential investors, homeowners, insurance agents, and real estate professionals... Read more
Property Crime Trends in Warren County, OH Over the Last 5 Years
Property crime trends in Warren County, Ohio have shown significant fluctuations over the past five years, especially in categories like Larceny-Theft and Burglary. In 2019, Larceny-Theft spiked to 468 incidents but later dropped significantly in 2020. Burglary cases also saw an increase in 2019 compared to other years. However, newer trends indicate a rebound in theft-related crimes by 2022. Understanding these trends is crucial for potential investors, homeowners, insurance agents, and real estate professionals as they reflect on community safety and its implications on property values and insurance rates.
Demographics
Warren County, Ohio, shows an almost balanced adult gender distribution with a slight male majority. Educational attainment is diverse, with a substantial portion of residents holding a bachelor's degree or higher, which may suggest a relatively educated workforce. Age-wise, the county has a significant proportion of its population in the 35 to 64 years range, hinting at an experienced workforce. The racial makeup predominantly comprises White individuals, though there is a notable Asian... Read more
Race Distribution in Warren County, Ohio (2022)
Educational Attainment in Warren County, Ohio (2022)
Age Distribution in Warren County, Ohio
Citizen Population in Warren County, Ohio (2022)
Political Trends & Data
Warren County, Ohio leans heavily Republican, as indicated by the nearly 65% of votes for the GOP in the 2020 U.S. Presidential Election. The Democratic Party garnered around 34%, showing a notable but smaller presence. The Libertarian Party and other minor political entities barely registered, highlighting a limited diversity in the county's political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Warren County, Ohio appears to lean predominantly Republican, with nearly 65% of the votes in the 2020 U.S. Presidential Election going to the GOP. The Democratic Party secured roughly 34% of the vote, suggesting a significant but smaller base of support. The Libertarian Party captured just over 1%, while other minor parties and independents barely registered, indicating limited electoral diversity beyond the two main parties.
64.65% of voters voted for the Republican party in the 2020 Presidential Election
33.85% of voters voted for the Democrat party in the 2020 Presidential Election
1.28% of voters voted for the Livertarian party in the 2020 Presidential Election
0.22% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past nine years, Warren County, Ohio's student-to-teacher ratio has fluctuated, peaking at nearly 23 students per teacher in 2017 before gradually declining to around 20 by 2023. This is notably above the national average of 14, signaling larger class sizes. For investors and homebuyers, this could hint at either a booming population or lagging educational infrastructure. Higher ratios might affect property values as families with school-age children often prefer areas with smaller... Read more
Student-to-teacher ratio in Warren County, Ohio over the last 9 years
Over the past nine years, the student-to-teacher ratio in Warren County, Ohio has fluctuated, peaking at nearly 23 students per teacher in 2017 before gradually declining to around 20 by 2023. This remains higher than the national average of 14 students per teacher, suggesting larger class sizes. For investors and homebuyers, this could indicate either a booming population or lagging educational infrastructure. Higher ratios might impact property values, as families with school-age children often prioritize areas with lower class sizes. Real estate agents, appraisers, and insurance agents should monitor these trends closely to gauge the educational quality and its potential influence on the local market.
