Anderson County Real Estate and Livability Trends
In Anderson County, Tennessee, the real estate market is influenced by rising average taxable incomes, which grew from $50,097.67 in 2013 to $75,638.08 in 2021, hinting at economic growth. The median home value has steadily increased to $193,900 in 2022, remaining below both state and national medians, creating a potentially attractive opportunity for investors. The student-to-teacher ratio... Read more
Anderson County Market Trends
The median home value in Anderson County, Tennessee has experienced steady growth over the past eight years, hitting $193,900 in 2022. This is notable since it’s lower than both the state median of $232,100 and the national median of $179,400, presenting a potentially attractive opportunity for investors. Residential energy tax credits have varied, peaking at $1,666.67 in 2018, but have... Read more
Median Value of Occupied Housing Units in Anderson County, Tennessee Over the Last 8 Years
Over the last eight years, the median home value in Anderson County, Tennessee has seen consistent growth, culminating in a sharp increase to $193,900 in 2022. This is particularly significant when compared to the statewide median, which spiked to $232,100 the same year, and the national median, reaching $179,400 in 2022. This makes Anderson County an intriguing market for potential investors, as home values are appreciating rapidly, yet still remain lower than both state and national figures, potentially offering more affordability while still commanding substantial long-term growth.
Residential Energy Tax Credit Per Tax Return in Anderson County, TN Over the Last 9 Years
Average residential energy tax credits have shown significant fluctuation in Anderson County, Tennessee over the past nine years, with notable highs and lows. The average credit per tax return peaked dramatically at $1,666.67 in 2018, an outlier when compared to other years where figures generally oscillated between $328.24 and $454.17. More recently, in 2021, the average credit steadied at around $678.85, suggesting recent policy changes or increases in energy-efficient home upgrades. These variations can be key indicators for potential investors and real estate professionals as they may reflect local socio-economic shifts, energy policy impacts, or trends in homeowner behavior.
Average Real Estate Taxes Per Tax Return in Anderson County, TN Over the Last 10 Years
Over the last decade, real estate taxes in Anderson County, Tennessee have shown a consistent upward trajectory, with notable increases particularly after 2017. Starting at about $2,288.66 in 2012 and climbing to approximately $3,646.90 by 2021, this trend could reflect rising property valuations or broader fiscal policy changes. For investors and real estate professionals, this pattern is crucial for forecasting future expenses and potential returns. For those looking to move or build in the area, it's a critical factor in budgeting and assessing long-term financial commitments. Insurance agents and appraisers should also consider these tax trends when evaluating property risk and value.
Percentage of Farm Returns in Anderson County, TN Over the Last 10 Years
Over the last decade, Anderson County, Tennessee has shown a subtle but noticeable decrease in the percentage of farm tax returns. Starting from approximately 1.34% in 2012, the proportion of farm returns slightly fluctuated but generally trended downward to around 1.14% by 2021. Farm tax returns reflect the income reported by farming activities, and a decline might indicate changing land use or less profitability in agriculture, meaningful for those considering investments or land development in the area.
Number of Mortgages by Occupancy Type in Anderson County, TN Over the Last 5 Years in Anderson County
Anderson County, Tennessee has seen a notable increase in the number of mortgages for principal residences over the last five years, peaking at 5,773 in 2021. In contrast, investment properties and second residences have displayed relatively stable but minimal growth. Such changes in occupancy types could reflect shifting demographics or economic conditions, signaling a potentially robust market for primary homes. For investors and real estate agents, the steady demand for principal residences might suggest a strong market environment. Meanwhile, insurance agents and appraisers should consider these occupancy trends when assessing risk and property values.
Economic Outlook
In Anderson County, Tennessee, the real estate market is possibly influenced by noticeable rises in taxable income and tax liabilities over the last decade. The average taxable income per tax return climbed from about $50,097.67 in 2013 to around $75,638.08 in 2021, hinting at economic growth and better earning opportunities. Meanwhile, state and local income taxes have increased from $6,026.83 in 2012 to approximately $9,794.44 in 2021, indicating potential fiscal pressures. These trends... Read more
Average Taxable Income per Tax Return in Anderson County, TN over the last 9 years
The average taxable income per tax return in Anderson County, Tennessee, has shown a steady increase over the past nine years. Starting at roughly $50,097.67 in 2013, it experienced gradual growth each year, reaching around $60,329.08 in 2020. Notably, a significant jump to about $75,638.08 was observed in 2021. This rise could hint at economic growth and potentially higher earning opportunities in the area, which may be of interest to investors, real estate agents, and individuals considering a move to the county.
Average State and Local Income Taxes Per Tax Return in Anderson County, TN Over the Last 10 Years
The average state and local income taxes per tax return in Anderson County, Tennessee, have trended upward over the past decade, rising from approximately $6,026.83 in 2012 to about $9,794.44 in 2021. Significant jumps are notable in recent years, particularly from 2018 onwards, suggesting increased fiscal pressures or shifts in tax policy. This could matter for potential investors or those looking to move to the area, as higher tax burdens may impact the cost of living. Real estate agents and insurance agents might find the trend relevant for advising clients on financial planning, property values, and associated costs.
Average Total Tax Liability Per Tax Return in Anderson County, TN Over the Last 10 Years
Anderson County, Tennessee, has seen a notable increase in average total tax liability per tax return over the last decade. Starting at $7,643.27 in 2012, the liability gradually rose to $8,749.14 by 2017. Interestingly, after a slight dip in 2018, the trend continued upward, peaking sharply at $11,738.26 in 2021. This suggests that the region could be experiencing economic growth or changes in tax policy, which might be of interest to potential investors, real estate agents, and individuals considering relocation.
Cost of Living in Anderson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,320 | $1,508 | $1,767 | $1,152 | $878 |
| 1 adult 4 children | $1,320 | $1,232 | $1,350 | $1,152 | $975 |
| 2 adults 3 children | $1,320 | $1,232 | $1,534 | $1,152 | $701 |
| 1 adult 3 children | $1,320 | $1,006 | $1,117 | $1,152 | $760 |
| 2 adults 2 children | $1,013 | $1,008 | $1,301 | $1,059 | $624 |
| 1 adult 2 children | $1,013 | $753 | $884 | $1,059 | $576 |
| 2 adults 1 child | $1,013 | $797 | $1,067 | $757 | $653 |
| 1 adult 1 child | $1,013 | $515 | $650 | $757 | $537 |
| 2 adults | $834 | $640 | $834 | $0 | $529 |
| 1 adult | $777 | $349 | $417 | $0 | $454 |
Safety trends & Data
In Anderson County, Tennessee, property crime trends have been a mixed bag over the past five years. Larceny-Theft remains the most reported crime, though there's been a notable drop in Burglary incidents, from 73.0 in 2018 to 38.0 in 2022. This shifting crime landscape could affect real estate values and insurance premiums, presenting both challenges and opportunities for investors and builders. The declining trends in some crime categories might reassure potential buyers, yet real estate... Read more
Property Crime Trends in Anderson County, TN Over the Last 5 Years
Anderson County, Tennessee, has seen fluctuating property crime levels over the past five years, with Larceny-Theft consistently being the most reported crime. Burglary and Motor Vehicle Theft have remained significant concerns, though there has been some reduction in Burglary incidents, dropping from 73.0 in 2018 to 38.0 in 2022. Embezzlement and Forgery have generally shown declining trends. The varying levels of property crime suggest a shifting landscape, which could impact real estate values and insurance premiums. Investors and builders might find the decreasing trend in some crimes reassuring, while real estate agents should be prepared to address potential client concerns regarding property security.
Demographics
Anderson County, Tennessee appears to have a fairly balanced gender distribution, with a slightly higher number of females than males. The educational landscape reveals that a significant portion of the population has completed high school, while a noteworthy segment holds a bachelor's degree or higher. Age distribution skews towards the older age groups, with a substantial number of residents over the age of 45. In terms of racial diversity, the population leans predominantly white, followed... Read more
Race Distribution in Anderson County, Tennessee (2022)
Educational Attainment in Anderson County, Tennessee (2022)
Age Distribution in Anderson County, Tennessee
Citizen Population in Anderson County, Tennessee (2022)
Political Trends & Data
In Anderson County, Tennessee, the 2020 U.S. Presidential Election potentially highlighted a strong inclination towards the Republican candidate, who received approximately 65% of the votes. The Democratic candidate's support, around 33%, suggests a considerable, though smaller, base of voters. Minor parties, such as Libertarian and Green, appeared to have minimal influence with negligible or no votes, while the remaining 1.8% were likely split among other minor parties or write-ins, indicating... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Anderson County, Tennessee, the 2020 U.S. Presidential Election results possibly reflected a strong Republican preference, with about 65% of votes going to the Republican candidate. The Democratic candidate garnered roughly 33% of the vote share, indicating a significant but notably smaller base. Other parties, including Libertarian and Green, seem to have had minimal to no impact, with negligible or zero votes. The remaining 1.8% of votes were likely distributed among various minor parties or write-ins, showing a slight diversity in political preferences.
65.18% of voters voted for the Republican party in the 2020 Presidential Election
33.01% of voters voted for the Democrat party in the 2020 Presidential Election
1.81% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Anderson County, Tennessee, the student-to-teacher ratio has ranged from 11 in 2021 to 14 in 2017, generally staying below the national average. This trend suggests potentially more personalized attention for students, boosting the area's appeal to families who prioritize education. Real estate agents and investors might see this as a positive factor when evaluating the market, potentially enhancing the attractiveness of properties in the county. Additionally, insurance agents and appraisers... Read more
Student-to-teacher ratio in Anderson County, Tennessee over the last 10 years
Over the past decade, Anderson County, Tennessee has seen fluctuating student-to-teacher ratios, ranging from a low of 11 in 2021 to a high of 14 in 2017. This is generally below the national average of 14 students per teacher, suggesting potentially more personalized attention for students compared to other regions. This dynamism in classroom sizes could influence the area's appeal to families prioritizing education, and may also be a factor for real estate agents and investors to consider when evaluating the attractiveness of the county for prospective buyers. Furthermore, insurance agents and appraisers might find these trends relevant when assessing property values partly influenced by perceived quality of the local education system.
