Campbell County Real Estate and Livability Trends
Campbell County, Tennessee, has witnessed substantial growth in average taxable income per tax return, rising from $39,016.95 in 2013 to $57,335.61 in 2021. The uptick in state and local income taxes per return, especially post-2019, suggests higher incomes or policy shifts. Investors and homebuyers might find the area intriguing as median home values jumped from $89,400 in 2015 to $142,100 in... Read more
Campbell County Market Trends
Investors and homebuyers might find Campbell County, Tennessee interesting as median home values rose from $89,400 in 2015 to $142,100 in 2022. Despite being below the Tennessee state median, the growth rate hints at a burgeoning market with potential for further appreciation. Real estate taxes in Campbell County have nearly doubled over the past decade, reflecting rising property valuations or... Read more
Median Value of Occupied Housing Units in Campbell County, Tennessee Over the Last 8 Years
Investors and homebuyers might find Campbell County, Tennessee an appealing market, witnessing a steady increase in median home values from $89,400 in 2015 to $142,100 in 2022. Though these figures are below Tennessee's state median, which soared from $142,100 to $232,100 in the same timeframe, the growth rate in Campbell County could indicate a burgeoning market with potential for further appreciation. Comparatively, national median values climbed from $125,500 to $179,400, positioning Campbell County as a more affordable yet potentially profitable option for those looking to invest or relocate.
Residential Energy Tax Credit Per Tax Return in Campbell County, TN Over the Last 8 Years
Campbell County, Tennessee, has seen notable fluctuations in the average residential energy tax credit per tax return over the last eight years. Starting at approximately $264.71 in 2013, there was a significant increase to about $644.44 by 2020, with a peak around $473.68 in 2016. Although the figure dropped to $543.75 in 2021, the overall trend suggests a rising awareness and utilization of energy-efficient upgrades among residents. This insight could be particularly relevant for real estate agents and investors as it indicates growing homeowner interest in energy efficiency, potentially leading to higher appraisals and property values. It might also impact insurance agents who need to account for modernized, energy-efficient properties.
Average Real Estate Taxes Per Tax Return in Campbell County, TN Over the Last 10 Years
Over the last decade, Campbell County, Tennessee has witnessed a notable increase in average real estate taxes per tax return, jumping from approximately $1,586.21 in 2012 to around $3,348.00 by 2021. This steady rise, with significant spikes particularly post-2017, may indicate heightened property valuations or tax rate adjustments. For potential investors, homeowners, and real estate professionals, understanding these evolving tax trends could be crucial for financial planning and property valuation assessments in Campbell County.
Percentage of Farm Returns in Campbell County, TN Over the Last 10 Years
Over the last decade, Campbell County, Tennessee has seen the percentage of farm returns hover around 1.90%, with slight fluctuations. Farm tax returns represent a small but stable fraction of the county's overall tax returns, indicating a modest but consistent agricultural sector. Investors and property developers might find this trend useful for understanding the steady presence of agriculture in the local economy. For those planning to move or invest, this suggests a relatively stable rural economic environment that might offer future growth opportunities within the agricultural community.
Number of Mortgages by Occupancy Type in Campbell County, TN Over the Last 5 Years in Campbell County
The mortgage data from Campbell County, Tennessee, over the last five years indicates fluctuations in occupancy types that could influence multiple decisions. There's an observed consistent preference for principal residences, peaking noticeably in 2021 with a slight decrease in subsequent years. Mortgage counts for investment properties and second residences remain lower but stable. These trends might signal opportunities for investment properties or the appeal of the area for primary living. Shifts in principal residence demand could affect home values and insurance premiums, crucial for investors, appraisers, and real estate agents. Understanding these dynamics informs strategic planning, especially for those looking to develop properties or provide services in Campbell County.
Economic Outlook
Campbell County, Tennessee has seen a notable rise in average taxable income per tax return over the past nine years, growing from $39,016.95 in 2013 to $57,335.61 in 2021, which may be reflective of economic growth. Additionally, average state and local income taxes per tax return have generally trended upward, especially since a noticeable spike in 2019 to $12,057.14, suggesting rising incomes or policy changes. Total tax liability per tax return has also increased significantly, from... Read more
Average Taxable Income per Tax Return in Campbell County, TN over the last 9 years
Over the past nine years, Campbell County, Tennessee has seen a steady increase in the average taxable income per tax return, indicative of a generally improving local economy. From $39,016.95 in 2013 to $57,335.61 in 2021, the consistent rise suggests economic growth and could be attractive for investors, real estate developers, and new residents. This trend could also impact the appraisal values of properties and insurance assessments as taxable income often correlates with spending power and property market health.
Average State and Local Income Taxes Per Tax Return in Campbell County, TN Over the Last 10 Years
Over the last decade, Campbell County, Tennessee has seen a fluctuating but generally upward trend in average state and local income taxes per tax return. Notably, there was a significant jump in 2019, where the taxes spiked to $12057.14 from the previous year's $7566.67, and the figures have remained above $12000 since. This could suggest rising incomes or changes in tax policies. Investors and real estate agents might find this trend indicative of a potentially prosperous area, while insurance agents and appraisers could consider these changes reflective of broader economic developments affecting property values.
Average Total Tax Liability Per Tax Return in Campbell County, TN Over the Last 10 Years
Over the past decade, Campbell County, Tennessee has experienced a noticeable increase in average total tax liability per tax return, culminating in a significant rise from $5,356.75 in 2012 to $8,587.07 in 2021. This trend, marked by a sharp jump particularly in recent years, could suggest growing incomes or shifts in taxation policies. For potential investors, homeowners, appraisers, and real estate agents, this trend may indicate an expanding economic base within the county, possibly driving property values and living standards upward. For insurance agents and those interested in building property, understanding these financial patterns can help in assessing risk and potential costs.
Cost of Living in Campbell County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,138 | $1,408 | $1,767 | $899 | $698 |
1 adult 4 children | $1,138 | $1,149 | $1,350 | $899 | $725 |
2 adults 3 children | $1,138 | $1,150 | $1,534 | $899 | $533 |
1 adult 3 children | $1,138 | $939 | $1,117 | $899 | $521 |
2 adults 2 children | $847 | $941 | $1,301 | $820 | $485 |
2 adults 1 child | $847 | $744 | $1,067 | $564 | $531 |
1 adult 2 children | $847 | $703 | $884 | $820 | $410 |
1 adult 1 child | $847 | $481 | $650 | $564 | $436 |
2 adults | $643 | $598 | $834 | $0 | $462 |
1 adult | $566 | $326 | $417 | $0 | $394 |
Safety trends & Data
Campbell County, Tennessee has seen varied property crime trends over the last five years that could impact investment decisions and property valuations. Larceny-theft incidents declined from 183 cases in 2018 to 56 in 2022, while burglary arrests spiked at 70 in 2019 before dropping to 17 in 2022. Motor vehicle thefts remained more consistent, averaging around 15 annually. Fraud peaked at 26 arrests in 2019 but was lower in other years. Vandalism cases reached 31 in both 2018 and 2019, then... Read more
Property Crime Trends in Campbell County, TN Over the Last 5 Years
Campbell County, Tennessee has seen diverse trends in property crime over the last five years. Larceny-theft incidents have fluctuated, starting with 183 cases in 2018 and declining to 56 by 2022. Burglary arrests witnessed a notable spike in 2019 with 70 cases but dropped to 17 by 2022. Motor vehicle thefts showed a more stable occurrence, averaging around 15 incidents annually. Fraud cases peaked in 2019 with 26 arrests but remained relatively lower in other years. Vandalism trends peaked in 2018 and 2019 with 31 cases each year and saw a consistent decline thereafter. These variations in property crime rates may influence investment decisions, property valuations, and insurance premiums in the county.
Demographics
Campbell County, Tennessee exhibits a slight gender disparity with a nearly equal distribution of males and females. The adult population shows a significant portion having completed high school, but relatively fewer residents hold higher education degrees. Age-wise, a diverse spread exists across age brackets, with notable concentrations in younger and middle-aged groups. Racially, the county is predominantly White, with minimal representation from other racial groups, highlighting a lack of... Read more
Race Distribution in Campbell County, Tennessee (2022)
Educational Attainment in Campbell County, Tennessee (2022)
Age Distribution in Campbell County, Tennessee
Citizen Population in Campbell County, Tennessee (2022)
Political Trends & Data
In Campbell County, Tennessee, the strong conservative lean is evident with the Republican party capturing about 82.6% of the vote share in the 2020 U.S. Presidential Election. The Democratic party received roughly 16.3%, suggesting a consistently dominant Republican presence. Minor parties had minimal impact, collecting only around 1.1% of the votes, indicating a largely binary political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Campbell County, Tennessee, the 2020 U.S. Presidential Election results show the Republican party receiving a substantial portion of the vote share, likely dominating the political landscape with about 82.6 percent. The Democratic party appears to have garnered significantly less support, capturing around 16.3 percent. Meanwhile, other parties, including Libertarian and Green, seemingly had negligible impact, with minor voting percentages being attributed to 'Other' categories at roughly 1.1 percent. This distribution could suggest a strong conservative lean in the county's voter base.
82.58% of voters voted for the Republican party in the 2020 Presidential Election
16.35% 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
Campbell County, Tennessee has seen its student-to-teacher ratio improve, dropping from around seventeen students per teacher in 2014 to approximately twelve in 2023. This lower ratio could hint at better student outcomes due to increased individualized attention, making the area more attractive to families and educational investors. Currently, Campbell County's twelve students per teacher outperforms the national average of fourteen, pointing to potential advantages in educational quality and... Read more
Student-to-teacher ratio in Campbell County, Tennessee over the last 10 years
Over the past decade, Campbell County, Tennessee has seen a notable fluctuation in its student-to-teacher ratios, starting at around seventeen students per teacher in 2014 and dropping to approximately twelve in 2023. This trend may indicate a progressive improvement in student outcomes due to smaller class sizes providing more individualized attention, a factor that is often appealing to families and educational investors. With the current ratio of twelve students per teacher, Campbell County is performing better than the national average of fourteen, suggesting possible advantages in educational quality. This could potentially lead to increased property values and stability for real estate agents and investors. For appraisers and insurance agents, understanding these changes could be critical in accurately assessing both risk and value in the local market.