Bledsoe County Real Estate and Livability Trends
In Bledsoe County, Tennessee, rising taxable incomes from $37,191.01 in 2013 to $50,694.37 by 2021 and increasing median home values from $115,400 in 2015 to $153,700 by 2022 hint at improving economic conditions and potential for real estate investment. Spikes in residential energy tax credits signal a focus on sustainability, while high property crimes and a fluctuating student-teacher ratio... Read more
Bledsoe County Market Trends
In Bledsoe County, Tennessee, median home values have steadily increased from $115,400 in 2015 to $153,700 in 2022, presenting a more gradual appreciation compared to the broader state and national trends. This could appeal to buyers seeking affordable entry points with value growth potential. The significant spike in residential energy tax credits to $1,233.33 per return in 2021 indicates a... Read more
Median Value of Occupied Housing Units in Bledsoe County, Tennessee Over the Last 8 Years
Over the last eight years, median home values in Bledsoe County, Tennessee have increased from $115,400 in 2015 to $153,700 in 2022, reflecting a steady upward trend. This trajectory is notable when compared to the broader state of Tennessee, where median values jumped from $142,100 in 2015 to $232,100 in 2022, and the national figures, which saw values rise from $125,500 to $179,400 in the same period. The county's more gradual appreciation relative to the state and national trends might appeal to potential investors or homebuyers seeking more affordable entry points while still benefiting from housing value growth.
Residential Energy Tax Credit Per Tax Return in Bledsoe County, TN Over the Last 6 Years
Bledsoe County, Tennessee has exhibited fluctuating trends in residential energy tax credits over the past six years, with amounts peaking significantly in 2021 at $1233.33 per tax return. Prior to this spike, values varied with a noted dip in 2020 to $266.67. This surge in energy tax credits may suggest an increasing investment in energy-efficient home improvements or renewable energy sources. For potential investors, property developers, real estate agents, and current residents, this trend could indicate a growing focus on sustainability and energy efficiency in the local housing market, potentially affecting property values and attractiveness.
Average Real Estate Taxes Per Tax Return in Bledsoe County, TN Over the Last 10 Years
Real estate taxes in Bledsoe County, Tennessee have seen a notable upward trend over the past decade, with a particularly sharp increase starting in 2016. The rise from $1,213.33 in 2012 to a peak of $2,737.50 in 2020 suggests various factors affecting property valuations and tax rates. The pronounced spike in 2018 and subsequent years could indicate significant changes in local policies or economic conditions. Understanding these shifts could be crucial for potential investors, property developers, and real estate agents analyzing market dynamics in the area.
Percentage of Farm Returns in Bledsoe County, TN Over the Last 10 Years
Over the past decade in Bledsoe County, Tennessee, the percentage of farm tax returns has fluctuated between approximately 8.91% and 13.00%. An observed downward trend suggests diminishing agricultural reporting, which could be an indicator of shifting economic activities or changes in local agricultural viability. For those considering investment or development in the area, it's worth noting the potential transformation from a traditionally farm-oriented economy to perhaps more diversified or alternative revenue sources. This trend could influence property and business valuations differently compared to more agriculturally stable regions.
Number of Mortgages by Occupancy Type in Bledsoe County, TN Over the Last 5 Years in Bledsoe County
Over the past five years in Bledsoe County, Tennessee, there has generally been a higher number of mortgages secured for principal residences compared to investment and second residences. This may suggest a relatively stable demand for primary living spaces, which is especially relevant for those considering long-term investments or family relocations. Fluctuations in second residence and investment property mortgages, though fewer in number, could indicate shifting priorities or economic factors influencing real estate transactions. These trends could be crucial for appraisers, insurance agents, and real estate developers in shaping their strategies and understanding market dynamics.
Economic Outlook
Bledsoe County, Tennessee has seen average taxable incomes rise from around $37,191.01 in 2013 to roughly $50,694.37 by 2021, indicating improving economic stability that could attract investment and real estate development. The county's fluctuating state and local income taxes suggest varying economic factors, which might affect future financial planning for potential residents and investors. Additionally, the average total tax liability per tax return has gone up significantly from about... Read more
Average Taxable Income per Tax Return in Bledsoe County, TN over the last 9 years
Bledsoe County, Tennessee has seen a notable increase in average taxable income per tax return over the past nine years. In 2013, the average taxable income was approximately $37,191.01, gradually rising to $50,694.37 by 2021. The trend highlights a growing economic stability, making the county potentially appealing for investment, property development, and real estate ventures. Interestingly, the slight dip in 2020 may reflect broader economic impacts, yet the substantial rebound in 2021 suggests resilience and an overall positive trajectory.
Average State and Local Income Taxes Per Tax Return in Bledsoe County, TN Over the Last 6 Years
The average state and local income taxes per tax return in Bledsoe County, Tennessee have fluctuated over the past six years. In 2012, the average was $3,966.67, rising marginally in 2013 to $4,250.00. After a brief dip in 2014, it increased steadily through 2015 and saw a significant jump to $4,975.00 in 2016. However, by 2017, it had slightly decreased to $4,433.33. This trend indicates varying economic factors at play, which might influence future tax burdens and financial planning for potential residents and investors.
Average Total Tax Liability Per Tax Return in Bledsoe County, TN Over the Last 10 Years
Over the past decade in Bledsoe County, Tennessee, the average total tax liability per tax return has shown a noticeable upward trend, increasing from approximately $4,543.34 in 2012 to about $6,513.81 in 2021. This consistent rise, with few fluctuations, suggests growing income levels or changes in taxable income, which might be of interest to potential investors, property developers, or real estate agents evaluating the county's economic environment. Higher tax liabilities could imply a flourishing local economy, boosting purchasing power and potentially making the area more appealing for new businesses and residents.
Cost of Living in Bledsoe County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,062 | $1,440 | $1,815 | $969 | $744 |
| 1 adult 4 children | $1,062 | $1,176 | $1,388 | $969 | $779 |
| 2 adults 3 children | $1,062 | $1,176 | $1,575 | $969 | $566 |
| 1 adult 3 children | $1,062 | $960 | $1,148 | $969 | $567 |
| 2 adults 2 children | $747 | $963 | $1,334 | $858 | $500 |
| 1 adult 2 children | $747 | $719 | $908 | $858 | $425 |
| 2 adults 1 child | $747 | $761 | $1,094 | $500 | $521 |
| 1 adult 1 child | $747 | $492 | $667 | $500 | $423 |
| 2 adults | $567 | $611 | $854 | $0 | $468 |
| 1 adult | $564 | $333 | $427 | $0 | $416 |
Safety trends & Data
Property crime trends in Bledsoe County, Tennessee, have shown some notable fluctuations in the past five years. Burglary hit a peak in 2020 with five reported cases, while larceny-theft surged in 2022 to eight cases. Motor vehicle thefts have stayed low, rarely exceeding three incidents per year. Additionally, 2022 saw a spike in vandalism incidents, aligning with the increase in larceny-theft. This data may be crucial for potential investors and new residents, as well as real estate agents... Read more
Property Crime Trends in Bledsoe County, TN Over the Last 5 Years
In Bledsoe County, Tennessee, property crime trends over the past five years show some fluctuations in specific crime categories. Burglary incidents varied, peaking in 2020 with five reported cases. Larceny-theft incidents also saw a notable increase in 2022, reaching eight cases. Motor vehicle thefts have remained relatively low and stable, rarely exceeding three incidents in any given year. Fraud and vandalism incidents show inconsistencies, with vandalism seeing a spike in 2022, matching the year's increase in larceny-theft. These trends may be important for potential investors, new residents, real estate agents, and insurance providers as they provide insight into community safety and risk factors.
Demographics
Bledsoe County, Tennessee presents an intriguing mosaic of demographic characteristics. Males seem to outnumber females by a notable margin. Educational attainment skews predominantly towards high school graduates, with quite a few residents not pursuing education past high school. Age distribution is weighted towards the older population, with substantial numbers of residents aged 55 and above. Racially, the population seems overwhelmingly White, with very small percentages attributed to other... Read more
Race Distribution in Bledsoe County, Tennessee (2022)
Educational Attainment in Bledsoe County, Tennessee (2022)
Age Distribution in Bledsoe County, Tennessee
Citizen Population in Bledsoe County, Tennessee (2022)
Political Trends & Data
Bledsoe County, Tennessee, displayed a dominant Republican preference in the 2020 U.S. Presidential Election, with Republicans garnering approximately 82% of the votes. Democrats captured around 17%, highlighting a notable partisan divide. Minor parties and independents collectively achieved about 1%, pointing to minimal support beyond the two primary parties. This pattern could reflect broader regional political inclinations and potentially shape future campaign... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Bledsoe County in Tennessee showed a strong leaning towards the Republican Party in the 2020 U.S. Presidential Election, with around 82% of the votes. Democrats received roughly 17%, suggesting a significant partisan divide. Minor parties and independents collectively gathered about 1% of the vote, indicating limited support outside the two major parties. This trend could be indicative of regional political affiliations and may influence future electoral strategies.
82.06% of voters voted for the Republican party in the 2020 Presidential Election
16.86% of voters voted for the Democrat party in the 2020 Presidential Election
1.08% of voters voted for the Other party in the 2020 Presidential Election
School Data
Bledsoe County, Tennessee's student-to-teacher ratio has fluctuated over the past decade, mostly staying above the national average of 14 students per teacher. In 2021, it dipped to a low of 13, possibly hinting at an improved learning environment, while 2020 saw a high of 16 students per teacher, suggesting potential overcrowding. These trends could indicate variable educational resource allocation, affecting property values and desirability for families. Such shifts might also signal... Read more
Student-to-teacher ratio in Bledsoe County, Tennessee over the last 10 years
Bledsoe County, Tennessee has seen notable fluctuations in its student-to-teacher ratio over the past decade, with values mostly staying above the national average of 14 students per teacher. In 2021, the ratio dipped to a low of 13, potentially reflecting an improved learning environment. However, other years saw highs like 2020's 16 students per teacher, which might indicate potential overcrowding. For investors or real estate agents, these trends could suggest variable educational resource allocation and differing levels of educational attention, impacting property values and desirability for families. Insurance agents and appraisers might view these shifts as indicators of community growth and pressure on local resources.
