Cheatham County Real Estate and Livability Trends
Cheatham County, Tennessee has seen average taxable incomes rise significantly, possibly boosting property values and investment interest. Median home values surged from $159,100 in 2015 to $262,200 in 2022, indicating strong local demand. Energy tax credits also spiked in recent years, showing a trend towards energy-efficient investments that could attract eco-conscious buyers. Despite these... Read more
Cheatham County Market Trends
Cheatham County, Tennessee has experienced a remarkable upswing in median home values, jumping from $159,100 in 2015 to $262,200 in 2022, outpacing state and national trends. This growth hints at solid local demand and a vibrant community, potentially making it a lucrative spot for future investments. Energy tax credits have also spiked notably, particularly in 2020 and 2021, reflecting rising... Read more
Median Value of Occupied Housing Units in Cheatham County, Tennessee Over the Last 8 Years
Cheatham County, Tennessee has seen an appreciable increase in median home values over the past eight years, surging from $159,100 in 2015 to $262,200 in 2022. This trend outpaces both the state of Tennessee and national figures, where the median values rose to $232,100 and $179,400, respectively, by 2022. Investors, builders, and potential movers might find this robust growth indicative of strong local market demand and a thriving community atmosphere, making it an appealing prospect for future investments and residential planning.
Residential Energy Tax Credit Per Tax Return in Cheatham County, TN Over the Last 8 Years
Over the past eight years, Cheatham County, Tennessee has seen fluctuating averages in residential energy tax credits. Notable increases occurred in 2017 with an average credit of $540.00 per tax return and again in 2020 and 2021, soaring to $1,042.86 and $1,194.12 respectively. These spikes suggest growing investments in energy-efficient home improvements, making it a potentially attractive locale for those interested in sustainable living or incentives for green upgrades. Property developers and real estate agents might find the heightened focus on energy efficiency an appealing selling point.
Average Real Estate Taxes Per Tax Return in Cheatham County, TN Over the Last 10 Years
Cheatham County, Tennessee has seen a notable increase in average real estate taxes over the last decade. Starting at approximately $1,730.16 in 2012, taxes gradually rose to about $2,048.58 by 2016. The most significant jump occurred between 2017 and 2018, where average taxes surged from $2,359.42 to $3,039.19. As of 2021, taxes are hovering around $3,421.21. This trend may suggest rising property values and increased demand, elements prospective homebuyers and real estate investors might consider when looking at the market dynamics. Higher taxes could also impact affordability, making it a critical factor for appraisers and insurance agents assessing property risk and value.
Percentage of Farm Returns in Cheatham County, TN Over the Last 10 Years
Cheatham County, Tennessee has seen a slight but steady decline in the percentage of farm tax returns over the last decade, dropping from approximately 2.67% in 2012 to about 2.16% in 2021. Farm tax returns are essentially the tax filings from individuals or entities engaged in agricultural activities, which can serve as an indicator of the health and scale of the local farming economy. This trend may suggest a gradual shift away from agriculture in the county, which could interest potential investors, developers, and those considering relocation who are focused on how this might impact land use trends, local economies, and community development.
Number of Mortgages by Occupancy Type in Cheatham County, TN Over the Last 5 Years in Cheatham County
Over the past five years, mortgage activity in Cheatham County, Tennessee, has predominantly been for principal residences, with a significant peak in 2020 and 2021, reflecting increased homeownership. Investment properties show a steady, albeit minor, presence, implying some interest in rental or commercial ventures without dramatic shifts. Mortgages for second residences remain consistently marginal. These trends may suggest a stable housing market primarily driven by local residents, with limited speculative investment, making it less volatile. For potential investors, appraisers, and insurance agents, this indicates a stable and reliable market with predictable risk. Real estate agents and those considering a move may find reassurance in the consistent demand for principal residences.
Economic Outlook
Cheatham County, Tennessee, has seen a significant rise in average taxable income per tax return, climbing from about $49,370.42 in 2013 to roughly $69,236.30 in 2021. This trend suggests enhanced earning potential, which may lead to higher property values and a robust real estate market. Concurrently, average total tax liability per return has also increased, peaking at $9,939.37 in 2021, indicating a growing economic base. These financial developments might appeal to investors and signal a... Read more
Average Taxable Income per Tax Return in Cheatham County, TN over the last 9 years
Average taxable income per tax return in Cheatham County, Tennessee, has gradually increased over the past nine years, jumping from approximately $49,370.42 in 2013 to about $69,236.30 in 2021. This steady rise suggests a general improvement in earning potential and economic stability in the area, potentially making it appealing for investors, homebuyers, and businesses. Higher average incomes could imply a growing local economy, which might lead to increased property values and a stronger market for real estate professionals and appraisers. For insurers and builders, this trend might indicate a more favorable environment for new developments and investments.
Average State and Local Income Taxes Per Tax Return in Cheatham County, TN Over the Last 10 Years
Cheatham County, Tennessee has shown some noticeable fluctuations in state and local income taxes per tax return over the past decade. Starting from $5,368.75 in 2012, there was a brief dip and then a spike in 2016 at $7,742.86. The most striking change occurred in 2021, where the average tax nearly doubled to $10,285.71 from the previous years. These variations might reflect broader economic changes, policy shifts, or demographic trends that could influence decisions for investors, property developers, and residents alike.
Average Total Tax Liability Per Tax Return in Cheatham County, TN Over the Last 10 Years
Over the past decade, Cheatham County, Tennessee, has seen a consistent increase in average total tax liability per tax return, peaking sharply in 2021 at $9,939.37. This trend reflects the county's growing economic base and possibly rising property values, making it a potentially lucrative area for real estate investments. Notably, the notable jump from $6,727.43 in 2012 highlights a steady upward trajectory, suggesting robust fiscal health and an expanding local economy. These changes can be crucial for appraisers and insurance agents to monitor as they could impact property valuations and insurance premiums.
Cost of Living in Cheatham County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,536 | $1,424 | $1,850 | $1,152 | $1,013 |
| 1 adult 4 children | $1,536 | $1,163 | $1,414 | $1,152 | $1,125 |
| 2 adults 3 children | $1,536 | $1,163 | $1,605 | $1,152 | $813 |
| 1 adult 3 children | $1,536 | $949 | $1,169 | $1,152 | $911 |
| 2 adults 2 children | $1,229 | $952 | $1,361 | $1,059 | $714 |
| 1 adult 2 children | $1,229 | $711 | $925 | $1,059 | $698 |
| 2 adults 1 child | $1,229 | $752 | $1,116 | $757 | $742 |
| 1 adult 1 child | $1,229 | $486 | $680 | $757 | $650 |
| 2 adults | $1,088 | $604 | $872 | $0 | $639 |
| 1 adult | $1,064 | $330 | $436 | $0 | $557 |
Safety trends & Data
Cheatham County, Tennessee's property crime rates have seen notable fluctuations over the past five years. Larceny-theft hit a high of 216 cases in 2019 before plunging to 48 in 2022. While burglaries rose abruptly to 30 in 2021, they settled back to 26 in 2022. Vandalism spiked to 23 cases in 2021 but generally stayed under control. Embezzlement and motor vehicle theft have remained low and stable. These crime trends could be crucial for investors, real estate agents, and residents evaluating... Read more
Property Crime Trends in Cheatham County, TN Over the Last 5 Years
Cheatham County, Tennessee has seen fluctuating property crime rates over the last five years. Notably, larceny-theft peaked at 216 cases in 2019 before dropping significantly to 48 in 2022. Burglaries, however, sharply increased to 30 in 2021 from a consistent pattern in previous years and then settled at 26 in 2022. Vandalism reached 23 cases in 2021 but generally remained under control in other years. Categories like embezzlement and motor vehicle theft have stayed relatively low and stable. Such trends could be important for investors, real estate agents, or residents assessing the crime landscape in this county.
Demographics
The demographic data on Cheatham County, Tennessee offers an interesting snapshot of the community. There appears to be a fairly balanced gender distribution among adults, with slightly more females than males. Educational attainment shows a majority possessing at least a high school diploma, and a notable portion of the population holding bachelor's or graduate degrees. The age distribution hints at a mature population with a considerable number of residents between the ages of 45 and 64, and... Read more
Race Distribution in Cheatham County, Tennessee (2022)
Educational Attainment in Cheatham County, Tennessee (2022)
Age Distribution in Cheatham County, Tennessee
Citizen Population in Cheatham County, Tennessee (2022)
Political Trends & Data
In Cheatham County, Tennessee, the 2020 U.S. Presidential Election results hint at a market likely driven by a predominantly conservative populace, with over 71% of the votes leaning Republican. With Democrats at an estimated 27% and negligible third-party influence, political leanings could impact local real estate preferences, potentially favoring traditional and community-oriented developments over more progressive or urban... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Cheatham County, Tennessee, the 2020 U.S. Presidential Election likely showed a strong preference for Republican candidates, comprising over 71% of the votes. Democrats trailed significantly with around 27%, while other parties had negligible support, with only about 1.5% of the votes falling into the "Other" category. This distribution suggests a predominantly conservative electorate with minimal third-party influence.
71.26% of voters voted for the Republican party in the 2020 Presidential Election
27.22% of voters voted for the Democrat party in the 2020 Presidential Election
1.52% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Cheatham County, Tennessee, the student-to-teacher ratio has seen fluctuations over the last decade, peaking at 16 students per teacher in both 2014 and 2020 and dipping close to the national average of 14 students per teacher in 2022 and 2023. These changes in educational quality can potentially impact property values and appeal for families moving into the area. Understanding these trends offers valuable insight for investors, real estate agents, and developers, as the region's educational... Read more
Student-to-teacher ratio in Cheatham County, Tennessee over the last 10 years
Over the last decade, the student-to-teacher ratio in Cheatham County, Tennessee has fluctuated, peaking at 16 students per teacher in both 2014 and 2020, while dipping close to the national average of 14 students per teacher in the recent years of 2022 and 2023. This variation in ratio can influence educational quality, potentially impacting property values and appeal for families considering a move. For investors, real estate agents, and those involved in development, understanding these trends offers insight into the region's educational environment, which can be a significant determinant for long-term real estate investments and community planning.
