Bradley County Real Estate and Livability Trends
Bradley County, Tennessee has experienced a significant rise in taxable income and median home values, making it an attractive location for investors and potential residents seeking affordability with appreciation benefits. Property tax hikes and a decline in farm tax returns suggest shifts towards non-agricultural ventures. An improved student-to-teacher ratio notes potential positive impacts on... Read more
Bradley County Market Trends
Bradley County, Tennessee, has seen median home values rise from $146,200 in 2015 to $209,800 in 2022, outpacing the national median increase. This makes it an attractive option for buyers looking for affordability while also benefiting from value appreciation. Residential energy tax credits have peaked at $1,087.50, suggesting significant investment in energy efficiency, which may interest... Read more
Median Value of Occupied Housing Units in Bradley County, Tennessee Over the Last 8 Years
Bradley County, Tennessee has seen a consistent upward trend in median home values over the past eight years, surging from $146,200 in 2015 to $209,800 in 2022. This growth is more pronounced than the national median, which increased from $125,500 to $179,400 during the same period. While Tennessee as a whole experienced a similar rise—from $142,100 to $232,100—Bradley County's housing market offers a more affordable yet appreciating option for potential buyers and investors, suggesting a balanced mix of value and growth potential compared to broader state and national figures.
Residential Energy Tax Credit Per Tax Return in Bradley County, TN Over the Last 9 Years
Bradley County, Tennessee, has witnessed a fluctuating but overall significant increase in residential energy tax credits per tax return over the past nine years. Starting around the mid-$300s in 2013, there were gradual rise periods peaking at $1,087.50 in 2021. Notably, the most dramatic spikes occurred between 2017 and 2021, suggesting increased investment or improvements in residential energy efficiency. This trend might interest real estate investors, appraisers, and tenants aiming for energy-efficient living, or developers and insurance agents analyzing property value and risk factors associated with energy-efficient upgrades.
Average Real Estate Taxes Per Tax Return in Bradley County, TN Over the Last 10 Years
Bradley County, Tennessee has seen a noticeable increase in average real estate taxes per tax return over the last decade, starting from around $1,776.32 in 2012 and reaching approximately $3,316.15 by 2021. This upward trend could be significant for potential investors and homeowners considering the area, as rising taxes often reflect increasing property values. For real estate agents and appraisers, understanding these trends is crucial, as it may affect property valuations and client consultations. Similarly, insurance agents and builders should be aware of these fluctuations to better anticipate client needs and potential market shifts moving forward.
Percentage of Farm Returns in Bradley County, TN Over the Last 10 Years
The percentage of farm tax returns in Bradley County, Tennessee has seen a gradual decline over the past decade, dropping from 1.64% in 2012 to 1.34% in 2021. Farm tax returns typically indicate the proportion of total tax filings that come from farm-related income, serving as a useful proxy for agricultural activity or investment in a given area. This downward trend might suggest that fewer individuals or entities are earning a significant portion of their income from farming, which could be a consideration for investors or property developers interested in agricultural ventures within the county. It may also provide insight into shifts in local economic activities or changes in property use, important factors for prospective residents and businesses aiming to understand market dynamics.
Number of Mortgages by Occupancy Type in Bradley County, TN Over the Last 5 Years in Bradley County
Bradley County, Tennessee, has shown fluctuating trends in mortgage counts over the past five years with principal residences consistently maintaining the highest numbers, peaking in 2021. Investment properties have seen a modest increase, while second residences have remained relatively lower and more volatile. These shifts in occupancy type suggest varying investor interest and potential economic factors influencing the real estate market. For investors, this could indicate changing demand patterns, whereas for those moving in or building property, it might highlight areas of potential growth or stability. Appraisers and insurance agents might find these trends useful for valuation and risk assessment, while real estate agents can leverage this information to better advise their clients.
Economic Outlook
Bradley County, Tennessee has shown a notable rise in average taxable income per tax return from around $46,950.84 in 2013 to about $62,467.19 in 2021, suggesting a gradually improving economic landscape that might attract investors, potential residents, and businesses. Average state and local income taxes per tax return have fluctuated significantly, peaking at $11,985.19 in 2021, which could indicate shifting tax policies or changing economic conditions. Total tax liability per tax return... Read more
Average Taxable Income per Tax Return in Bradley County, TN over the last 9 years
Bradley County, Tennessee has shown a notable rise in average taxable income per tax return over the last nine years, jumping from around $46,950.84 in 2013 to about $62,467.19 in 2021. This upward trend suggests a gradually improving economic landscape, possibly presenting attractive opportunities for investors, potential residents, and businesses aiming to establish a presence in the area. Such financial growth may also appeal to appraisers and insurance agents examining property values and risk assessments.
Average State and Local Income Taxes Per Tax Return in Bradley County, TN Over the Last 10 Years
Average state and local income taxes per tax return in Bradley County, Tennessee have exhibited significant fluctuations over the past decade, peaking remarkably in 2021 at $11,985.19. Notable increases can also be seen in 2013 and 2018, registering $8,428.17 and $8,529.03 respectively, while periods like 2017 and 2019 saw relatively lower values around $6,364.04 and $6,924.14. These variations could suggest shifting tax policies or economic conditions affecting residents, making it a critical factor for investors, homebuyers, or professionals involved in property appraisals and real estate.
Average Total Tax Liability Per Tax Return in Bradley County, TN Over the Last 10 Years
Bradley County, Tennessee has experienced notable fluctuations in average total tax liability per tax return over the past decade, ranging from a low of approximately $7,152.81 in 2019 to a peak of around $10,177.68 in 2021. The overall trend suggests some volatility, with significant spikes and drops that potential investors, property developers, and insurance agents should consider when evaluating the financial climate of the county. Understanding these changes can provide valuable insights for real estate agents and residents alike, especially when planning for long-term financial commitments or assessing market stability.
Cost of Living in Bradley County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,252 | $1,540 | $1,852 | $1,152 | $871 |
| 1 adult 4 children | $1,252 | $1,258 | $1,416 | $1,152 | $956 |
| 2 adults 3 children | $1,252 | $1,258 | $1,608 | $1,152 | $691 |
| 1 adult 3 children | $1,252 | $1,027 | $1,171 | $1,152 | $716 |
| 2 adults 2 children | $955 | $1,030 | $1,363 | $1,059 | $603 |
| 1 adult 2 children | $955 | $769 | $926 | $1,059 | $544 |
| 2 adults 1 child | $955 | $814 | $1,118 | $757 | $631 |
| 1 adult 1 child | $955 | $526 | $681 | $757 | $526 |
| 2 adults | $725 | $654 | $873 | $0 | $508 |
| 1 adult | $678 | $357 | $437 | $0 | $439 |
Safety trends & Data
Bradley County, Tennessee, has seen interesting changes in property crime stats over the past five years that might impact real estate interest. Burglary cases dropped from 164 in 2020 to just 70 in 2022, while larceny-theft cases halved from 787 in 2018 to 388 in 2022. Motor vehicle thefts and vandalism showed minimal change, but fraud cases peaked at 192 in 2021. These shifts could indicate better law enforcement or shifts in crime patterns, potentially making the area more attractive to... Read more
Property Crime Trends in Bradley County, TN Over the Last 5 Years
Bradley County, Tennessee, has experienced notable fluctuations in property crimes over the past five years. Burglary incidents peaked in 2020 with 164 reported cases but declined sharply to 70 cases by 2022. Larceny-theft, consistently the highest reported crime, saw a substantial drop from 787 cases in 2018 to 388 in 2022. Motor vehicle thefts, embezzlement, and vandalism remained relatively steady, with minor year-to-year variations. Fraud cases, however, showed a slight upward trend, peaking at 192 in 2021. These trends could suggest an increased effectiveness in law enforcement efforts or shifts in criminal activity patterns, making the county potentially more appealing for prospective homeowners, investors, and real estate professionals.
Demographics
Bradley County, Tennessee, exhibits a close gender balance with males making up slightly less than half of the adult population. Educational attainment reveals that a significant portion of residents holds at least a high school diploma, yet there's a notable drop toward higher education degrees, highlighting potential areas for educational investment. Age-wise, the county has a robust population spread among young individuals and middle-aged residents, though there's a gradual tapering off in... Read more
Race Distribution in Bradley County, Tennessee (2022)
Educational Attainment in Bradley County, Tennessee (2022)
Age Distribution in Bradley County, Tennessee
Citizen Population in Bradley County, Tennessee (2022)
Political Trends & Data
Bradley County, Tennessee, exhibited a noteworthy preference for the Republican Party in the 2020 U.S. Presidential Election, with almost 77% of votes cast for the Republican candidate, potentially suggesting a political climate that could influence local real estate trends. With the Democratic Party receiving approximately 21% of the vote, the significant margin might reflect community values that impact buyer preferences and market dynamics. This strong political leaning could hint at a... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Bradley County, Tennessee, demonstrated a strong lean toward the Republican Party in the 2020 U.S. Presidential Election, with nearly 77% of votes cast for the Republican candidate. The Democratic Party received about 21%, showing a significant gap between the two leading parties. Minimal support was observed for third-party candidates, emphasizing a predominantly two-party preference among voters in the region.
76.76% of voters voted for the Republican party in the 2020 Presidential Election
21.48% of voters voted for the Democrat party in the 2020 Presidential Election
1.77% of voters voted for the Other party in the 2020 Presidential Election
School Data
Bradley County, Tennessee has experienced fluctuations in its student-to-teacher ratio over the past decade, peaking at 28 in 2019 and dropping to a low of 14 more recently. This variability closely aligns with the national average and can significantly impact property values, as school performance is a key factor for prospective residents. Real estate agents and investors should see these trends as potential indicators of future housing demand and community growth, while appraisers and... Read more
Student-to-teacher ratio in Bradley County, Tennessee over the last 10 years
Over the past decade, Bradley County, Tennessee has seen a significant fluctuation in its student-to-teacher ratio, peaking at 28 in 2019 and dipping as low as 14 in recent years, aligning closely with the national average of 14 students per teacher. Such variability can impact not only the quality of education but also property values, as prospective residents often consider school performance when choosing where to live. Investors and real estate agents might find these figures indicative of future housing demand and community growth trends. Appraisers and insurance agents should also note these changes, as they can influence the perceived value and risk of properties in the area.
