Carter County Real Estate and Livability Trends
Carter County, Tennessee has seen a notable uptick in average taxable income, rising from $37,059.93 in 2013 to $54,068.21 in 2021, reflecting stronger economic stability. Median home values have risen moderately from $108,500 in 2015 to $145,000 in 2022, presenting a compelling entry point compared to broader trends. Real estate taxes have nearly doubled over the past decade, reaching $3,774.42... Read more
Carter County Market Trends
The median home value in Carter County, Tennessee has risen moderately from $108,500 in 2015 to $145,000 in 2022, providing a potentially more affordable entry point compared to broader state and national increases. Real estate taxes have nearly doubled over the past decade, reaching $3,774.42 per return by 2021, suggesting increased property valuations or demand, which could interest investors... Read more
Median Value of Occupied Housing Units in Carter County, Tennessee Over the Last 8 Years
The median home value in Carter County, Tennessee has experienced a steady climb from $108,500 in 2015 to $145,000 in 2022. This growth seems relatively moderate compared to the broader increases across the state of Tennessee and the United States. For instance, Tennessee's median home value rose from $142,100 in 2015 to $232,100 in 2022, while the national median escalated from $125,500 to $179,400 in the same period. This indicates Carter County might offer more affordable investment opportunities or entry points for homebuyers than the state and national averages, which could be alluring for those looking to move to or invest in the area.
Residential Energy Tax Credit Per Tax Return in Carter County, TN Over the Last 9 Years
Over the past 9 years, Carter County, Tennessee has seen fluctuating averages in residential energy tax credits per tax return, suggesting varying levels of investment in energy-efficient home improvements. Peak values occurred in 2017 with an average of $543.75 and in 2021 with $504.76, indicating years where incentives or energy upgrades were potentially more popular or accessible. This trend could be relevant for those in real estate, home appraisal, or anyone considering property investments, as it may reflect a community increasingly focused on sustainable living and energy savings.
Average Real Estate Taxes Per Tax Return in Carter County, TN Over the Last 10 Years
Carter County, Tennessee has experienced a steady increase in average real estate taxes per tax return over the last decade, with a notable jump starting in 2018. By 2021, the average real estate taxes per return reached $3,774.42, almost double the 2012 figure of $1,598.31. This significant rise could be of interest to potential investors, property developers, and real estate professionals, possibly indicating a growing demand for property in the area or increased property valuations. Appraisers and insurance agents may also find this trend relevant for assessing current market conditions and future expectations.
Percentage of Farm Returns in Carter County, TN Over the Last 10 Years
Farm tax returns in Carter County, Tennessee, have shown slight fluctuations over the last decade, generally maintaining a range between approximately 1.51% and 1.81%. These returns can serve as a bellwether for local agricultural activity, showing relatively stable but somewhat declining engagement in farming. For investors or potential residents, the nominal dip around 2019-2020 might suggest a slight downturn in farming profitability or participation. However, the consistency around the 1.5% mark lately might also mean a resilient agricultural community, which might mitigate risk for investments or development in the region.
Number of Mortgages by Occupancy Type in Carter County, TN Over the Last 5 Years in Carter County
Carter County, Tennessee shows an evolving landscape of mortgage patterns over the last five years, with consistently the largest share of mortgages going to principal residences. Investment properties and second residences, while smaller in number, are notable as their fluctuations could signal shifting investor interest or changes in secondary home demand. This variation is key for real estate investors considering market timing and location, for appraisers who need to understand the local dynamics to set appropriate values, and for insurance agents adjusting risk assessments. Prospective homeowners and real estate agents also benefit from these trends to better strategize buying and selling decisions.
Economic Outlook
Over the past nine years, Carter County, Tennessee has experienced an increase in average taxable income per tax return, climbing from $37,059.93 in 2013 to $54,068.21 in 2021. This growth reflects greater economic stability, potentially driving up both property values and market viability. Simultaneously, the average state and local income taxes per tax return have seen a spike from $5,089.29 in 2012 to $12,270.00 in 2021, indicating a rising tax burden that might affect investment decisions.... Read more
Average Taxable Income per Tax Return in Carter County, TN over the last 9 years
Average taxable income per tax return in Carter County, Tennessee has shown a notable upward trend over the past nine years. In 2013, the average income was approximately $37,059.93, steadily rising to around $54,068.21 in 2021. This increase reflects a growing economic stability and potential increase in household earnings. These figures could be of interest to investors and real estate agents as they generally indicate a strengthening local economy, which may lead to higher property values and a more robust market.
Average State and Local Income Taxes Per Tax Return in Carter County, TN Over the Last 10 Years
Carter County, Tennessee has seen a substantial rise in average state and local income taxes per tax return over the past decade. Beginning at $5,089.29 in 2012, there was a notable spike in 2021 with the average reaching $12,270.00. This upward trend suggests an increasing tax burden on residents, which could impact decisions for potential investors and those considering a move to the area. Such data might also be crucial for appraisers and insurance agents assessing property values and associated risks.
Average Total Tax Liability Per Tax Return in Carter County, TN Over the Last 10 Years
Over the past decade, Carter County, Tennessee has seen notable fluctuations in average total tax liabilities per tax return, with amounts ranging from $4,776.36 in 2012 to $7,760.73 in 2021. The most remarkable increase occurred between 2020 and 2021, jumping from $6,154.30 to $7,760.73, suggesting significant economic changes or policy impacts. This trend could indicate rising incomes or changes in tax legislation, relevant for anyone considering financial planning, investing in real estate, or assessing property values in the area.
Cost of Living in Carter County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $951 | $1,404 | $1,916 | $899 | $663 |
| 1 adult 4 children | $951 | $1,146 | $1,465 | $899 | $666 |
| 2 adults 3 children | $951 | $1,147 | $1,663 | $899 | $501 |
| 1 adult 3 children | $951 | $936 | $1,212 | $899 | $469 |
| 2 adults 2 children | $752 | $939 | $1,409 | $820 | $475 |
| 2 adults 1 child | $752 | $742 | $1,156 | $564 | $518 |
| 1 adult 2 children | $752 | $701 | $958 | $820 | $389 |
| 1 adult 1 child | $752 | $479 | $705 | $564 | $416 |
| 2 adults | $622 | $596 | $902 | $0 | $466 |
| 1 adult | $601 | $325 | $451 | $0 | $405 |
Safety trends & Data
Carter County, Tennessee has likely experienced a drop in several key property crimes over the past five years, which might indicate improving safety and potentially higher property values. For instance, burglary arrests have decreased from 47.0 in 2018 to just 7.0 in 2022, while larceny-theft arrests fell from 232.0 to 110.0 over the same period. This trend could attract investors and builders by suggesting reduced risk, and provide valuable insights for real estate agents and appraisers... Read more
Property Crime Trends in Carter County, TN Over the Last 5 Years
Over the past five years, Carter County, Tennessee has seen a general downward trend in several key property crimes, which may suggest improving safety and potentially higher property values over time. Notably, burglary arrests have sharply decreased from 47.0 in 2018 to just 7.0 in 2022. Larceny-theft, while initially high at 232.0 arrests in 2018, showed significant reductions, dropping to 110.0 arrests in 2022. This trend could appeal to investors and builders as an indication of reduced risk. Real estate agents and appraisers may find these data points useful when evaluating the location's market attractiveness. However, it's important to stay current on these trends as they may impact various stakeholders differently over time.
Demographics
Carter County, Tennessee's adult population is almost evenly split between males and females, with females slightly outnumbering males. Educational attainment shows a significant portion having just a high school diploma or some college education but no degree. While the majority are White, there is limited racial diversity. Age distribution suggests a balanced mix across different age groups, with a noticeable number of residents aged 45 and... Read more
Race Distribution in Carter County, Tennessee (2022)
Educational Attainment in Carter County, Tennessee (2022)
Age Distribution in Carter County, Tennessee
Citizen Population in Carter County, Tennessee (2022)
Political Trends & Data
In Carter County, Tennessee, the 2020 U.S. Presidential Election trends showed a strong conservative presence, with the Republican party seemingly securing nearly 80% of the votes. The Democratic party captured around 18%, suggesting a limited, yet notable presence. Minor parties had little to no traction, pointing to a polarized political landscape predominantly divided between Republicans and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Carter County, Tennessee, the 2020 U.S. Presidential Election seemed to heavily favor the Republican party, which potentially garnered nearly 80% of the votes. This dominance might highlight a strong conservative base in the area. Despite a smaller percentage, the Democratic party captured around 18% of the vote, hinting at a presence but likely limited influence. Minor parties such as the Libertarian and Green parties appear to have had almost no impact, indicating a political landscape that may be deeply polarized between the two major parties.
79.96% of voters voted for the Republican party in the 2020 Presidential Election
18.49% of voters voted for the Democrat party in the 2020 Presidential Election
1.55% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Carter County, Tennessee, the student-to-teacher ratio has mostly been below the national US average of fourteen students per teacher over the past decade. From 2014 to 2019, it hovered around twelve to thirteen students, suggesting smaller class sizes and potentially more individualized attention. However, a spike to fifteen students per teacher occurred in 2020, likely influenced by external factors. The ratio has since stabilized around thirteen to fourteen students, offering a lean... Read more
Student-to-teacher ratio in Carter County, Tennessee over the last 10 years
In Carter County, Tennessee, the student-to-teacher ratio has generally hovered below the national US average of fourteen students per teacher over the past decade. From 2014 to 2019, the ratio remained consistently around twelve to thirteen students per teacher, indicative of smaller class sizes and potentially more individualized attention for students. However, a noticeable increase to fifteen students per teacher was observed in 2020, likely influenced by external factors. Since then, the ratio has slightly decreased and stabilized around thirteen to fourteen students, aligning more closely with the national average but still suggesting a lean towards smaller class settings. This dynamic may matter for those considering moving to Carter County due to the potential for more personalized education opportunities for their children. For real estate agents and investors, understanding these trends could help better market family-friendly communities. Appraisers and insurance agents might also factor these educational metrics into their evaluations and pricing strategies.
