Blount County Real Estate and Livability Trends
Blount County, Tennessee is witnessing significant economic shifts with average taxable income per tax return jumping from $51,085.42 in 2013 to $78,127.64 in 2021. Median home values also saw a steep rise from $166,500 in 2015 to $247,600 in 2022, signaling a vibrant housing market. Property crime rates have notably decreased, making the area more appealing for investment. The local... Read more
Blount County Market Trends
Blount County, Tennessee saw a steep rise in median home values from $166,500 in 2015 to $247,600 in 2022, outpacing both state and national trends. This robust growth highlights a vibrant housing market likely driven by increased demand or unique local conditions, making it worthy of attention for property investment and development. The significant increase in residential energy tax credits in... Read more
Median Value of Occupied Housing Units in Blount County, Tennessee Over the Last 8 Years
Blount County in Tennessee has experienced a significant increase in median home values over the past eight years, from $166,500 in 2015 to $247,600 in 2022. This growth outpaces both the state and national trends. Statewide, Tennessee saw median home values rise from $142,100 to $232,100 during the same period, while nationally, the increase was from $125,500 to $179,400. The dramatic rise in Blount County suggests a robust housing market potentially driven by greater demand or unique local factors, making it an interesting area for property investment and development.
Residential Energy Tax Credit Per Tax Return in Blount County, TN Over the Last 9 Years
Blount County, Tennessee has seen notable fluctuations in residential energy tax credits over the past nine years. Particularly striking was the significant spike in 2018, where the average credit per return soared to $1757.14, indicating a potential surge in energy-efficient property improvements or installations. While the credits varied, generally increasing since 2017, this pattern could signal growing interest in sustainable living solutions. For real estate agents, appraisers, insurance agents, and potential residents or investors, these trends might suggest a rising value in energy-efficient home features in the county.
Average Real Estate Taxes Per Tax Return in Blount County, TN Over the Last 10 Years
Blount County, Tennessee has experienced a notable increase in average real estate taxes per tax return over the past decade, rising from around $2,054.82 in 2012 to approximately $4,427.90 in 2021. The most significant jumps occurred between 2017 and 2020, where taxes surged from $2,560.18 to $4,212.11. These trends suggest an upward trajectory in property tax burdens, potentially impacting decisions for investors, homeowners, and real estate professionals. The spike in real estate taxes could reflect rising property values or changes in local tax policies, underscoring Blount County's evolving financial landscape.
Percentage of Farm Returns in Blount County, TN Over the Last 10 Years
Blount County, Tennessee, has seen a gradual decline in the percentage of farm tax returns over the past decade, dropping from about 1.72% in 2012 to roughly 1.32% in 2021. This downward trend could signal shifts in land use, economic changes in the agricultural sector, or evolving interests of property owners. For potential investors, builders, or those looking to move, this could indicate a decreasing emphasis on traditional farming, perhaps opening opportunities for different types of agricultural or commercial ventures. Understanding this trend can offer valuable insights into long-term land use and economic planning in the region.
Number of Mortgages by Occupancy Type in Blount County, TN Over the Last 5 Years in Blount County
Over the last five years in Blount County, Tennessee, there's been notable fluctuations in mortgage activity across different occupancy types. Principal residences consistently show high numbers, though there was a significant decline in 2022. Investment property mortgages have remained relatively stable but slightly decreased in recent years. Second residence mortgages are minimal by comparison but also reflect a slight downturn. These trends could suggest shifts in housing demand or affordability, which may be vital for investors assessing market health, insurance agents predicting policy risks, or real estate agents strategizing sales approaches. Building developers and appraisers may also find these occupancy changes relevant when projecting future developments or conducting property evaluations.
Economic Outlook
Blount County, Tennessee has experienced a noteworthy rise in average taxable income per tax return, jumping from $51,085.42 in 2013 to $78,127.64 in 2021, suggesting possible economic growth and increased appeal for investors and homeowners. Average state and local income taxes per tax return also surged, notably peaking at $14,321.95 in 2019 before normalizing somewhat to $12,668.18 in 2021, hinting at broader economic or policy changes. The average total tax liability per tax return saw a... Read more
Average Taxable Income per Tax Return in Blount County, TN over the last 9 years
Blount County, Tennessee saw a notable uptick in average taxable income per tax return over the past nine years, rising from $51,085.42 in 2013 to $78,127.64 in 2021. This steady increase may suggest economic growth in the area, which could be appealing for potential investors and homeowners considering moving or building property here. Real estate agents and appraisers might also find these trends useful for evaluating property values, while insurance agents could use the data to inform their risk assessments.
Average State and Local Income Taxes Per Tax Return in Blount County, TN Over the Last 10 Years
Over the past decade, Blount County in Tennessee has seen a notable influx in average state and local income taxes per tax return, reflective of broader economic or policy changes. Starting from $6,273.68 in 2012, taxes saw a significant leap, particularly in 2017 with an uptick to $8,370.83, and a dramatic surge to $13,077.78 in 2018. This trend continued, peaking at $14,321.95 in 2019 before slightly normalizing to $12,668.18 in 2021. This consistent rise in tax values could signify a burgeoning economy or shifts in tax regulations, potentially impacting property investments, living costs, and financial planning strategies in the area.
Average Total Tax Liability Per Tax Return in Blount County, TN Over the Last 10 Years
Over the past decade in Blount County, Tennessee, the average total tax liability per tax return has shown a clear upward trend, starting from $7,831.90 in 2012 to $12,776.74 in 2021. Notably, there was a significant spike between 2019 and 2021, jumping from $9,627.55 to $12,776.74. For potential investors and residents, this trend might indicate an escalating cost environment, which could influence property valuations and insurance premiums. This consistent rise could also hint at increased property values and economic growth in the area, presenting both opportunities and challenges for real estate agents, appraisers, and builders.
Cost of Living in Blount County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,403 | $1,528 | $1,767 | $1,152 | $927 |
| 1 adult 4 children | $1,403 | $1,248 | $1,350 | $1,152 | $1,038 |
| 2 adults 3 children | $1,403 | $1,248 | $1,534 | $1,152 | $748 |
| 1 adult 3 children | $1,403 | $1,019 | $1,117 | $1,152 | $821 |
| 2 adults 2 children | $1,076 | $1,022 | $1,301 | $1,059 | $655 |
| 1 adult 2 children | $1,076 | $763 | $884 | $1,059 | $616 |
| 2 adults 1 child | $1,076 | $808 | $1,067 | $757 | $683 |
| 1 adult 1 child | $1,076 | $522 | $650 | $757 | $567 |
| 2 adults | $886 | $649 | $834 | $0 | $556 |
| 1 adult | $826 | $354 | $417 | $0 | $479 |
Safety trends & Data
Property crime trends in Blount County, Tennessee, have seen a notable decrease over the past five years. Larceny-theft dropped from 515 occurrences in 2018 to 232 in 2022, and burglary cases decreased from 68 to 26 in the same period. Fraud and embezzlement incidents also trended downward. This data could be crucial for potential investors and real estate professionals, as lower crime rates might suggest a more desirable and secure area for investment and living. Those looking to build or... Read more
Property Crime Trends in Blount County, TN Over the Last 5 Years
Property crime trends in Blount County, Tennessee, show a notable decrease in incidents over the past five years. Larceny-theft, which had the highest numbers initially, saw a significant drop from 515 occurrences in 2018 to 232 in 2022. Similarly, burglary cases decreased from 68 in 2018 to 26 in 2022. Fraud and embezzlement incidents also trended downward, suggesting an overall decline in property crimes. This data can be crucial for potential investors, real estate agents, and insurance professionals, as lower crime rates might indicate a more desirable and secure area for investment and living. Furthermore, those looking to build or purchase property in Blount County may find these downward trends encouraging for long-term planning and community stability.
Demographics
Blount County, Tennessee, shows a slightly higher population of females compared to males, which could influence local economic and social dynamics. Educational attainment reveals a significant portion of adults holding just a high school diploma or some college education, potentially shaping the local workforce skills and economic opportunities. Age distribution highlights a balanced spread among various age groups, with notable numbers in the 45-64 years bracket, suggesting an experienced and... Read more
Race Distribution in Blount County, Tennessee (2022)
Educational Attainment in Blount County, Tennessee (2022)
Age Distribution in Blount County, Tennessee
Citizen Population in Blount County, Tennessee (2022)
Political Trends & Data
Blount County, Tennessee, displays a noteworthy conservative bent, as evidenced by the 71% voter support for the Republican party in the recent U.S. presidential election. Democrats received about 27% of the votes, with minor party support being minimal. This may highlight a local preference for conservative policies, potentially impacting economic and development trends, including real... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Blount County saw a significant lean towards the Republican party, with around 71% of votes, while the Democrats garnered about 27%. Marginal support for other parties, such as Libertarians and Greens, was effectively nonexistent, and roughly 2% of votes went to various other alternatives. This trend may underscore a strong conservative inclination within this area of Tennessee.
71.12% of voters voted for the Republican party in the 2020 Presidential Election
26.92% of voters voted for the Democrat party in the 2020 Presidential Election
1.96% of voters voted for the Other party in the 2020 Presidential Election
School Data
Blount County, Tennessee's student-to-teacher ratio has hovered around fifteen to sixteen over the past decade, peaking at sixteen in 2019 before settling closer to fifteen recently. This slight fluctuation, compared to the national average of fourteen, might influence decisions for investors, relocating families, and educational appraisals. For real estate agents, this data could be particularly relevant in showcasing the educational environment to potential homebuyers, while insurance agents... Read more
Student-to-teacher ratio in Blount County, Tennessee over the last 10 years
Blount County, Tennessee has an average student-to-teacher ratio that has fluctuated between fifteen and sixteen students over the past decade. While higher ratios, peaking at 16 in 2019, might suggest larger class sizes compared to the national average of fourteen, recent numbers show a slight decrease, hovering around fifteen students per teacher. This trend could impact decisions for potential investors, families considering relocation, and educational appraisals. Real estate agents might find these figures relevant as they reflect the educational environment potential homebuyers can expect. Similarly, insurance agents and property developers might take this into account when assessing the desirability and growth potential of the area.
