DeKalb County Real Estate and Livability Trends
DeKalb County, Tennessee has seen a significant rise in median home values from $121,800 in 2015 to $183,100 in 2022, making it an appealing prospect for long-term investments. Energy efficiency investments have surged, with residential energy tax credits peaking at $533.33 in 2021, potentially boosting property values and reducing insurance risks. Average real estate taxes have nearly doubled... Read more
DeKalb County Market Trends
DeKalb County, Tennessee has experienced a notable rise in median home values, jumping from $121,800 in 2015 to $183,100 in 2022, making it a compelling choice for investors eyeing long-term appreciation. Residential energy tax credits have also surged, peaking at $533.33 in 2021, hinting at growing investments in energy efficiency which could boost property values and reduce insurance risks.... Read more
Median Value of Occupied Housing Units in DeKalb County, Tennessee Over the Last 8 Years
DeKalb County, Tennessee has seen a persistent upward trend in median home values over the past eight years, climbing from $121,800 in 2015 to $183,100 in 2022. This growth appears even more attractive when compared to state and national figures. Although DeKalb's median value in 2022 is below Tennessee's $232,100 and slightly ahead of the national $179,400, the local market’s consistent rise offers a compelling case for potential investors and homebuyers aiming for long-term appreciation. This steady increase may indicate a resilient local economy and growing demand, making DeKalb County an interesting option for those looking to invest or relocate.
Residential Energy Tax Credit Per Tax Return in DeKalb County, TN Over the Last 8 Years
Over the past eight years, DeKalb County, Tennessee has seen significant fluctuations in residential energy tax credits, with amounts ranging from a low of $225.00 in 2014 and 2017 to a high of $533.33 in 2021. The upward trend in recent years, particularly the spike from $300.00 in 2019 to $533.33 in 2021, suggests an increased investment in energy-efficient home improvements, making the county increasingly attractive for homeowners and investors focused on sustainable living. This shift may impact property appraisals and insurance rates as enhanced energy efficiency could potentially add value and reduce risk.
Average Real Estate Taxes Per Tax Return in DeKalb County, TN Over the Last 10 Years
DeKalb County, Tennessee has seen fluctuating but mostly rising average real estate taxes per tax return over the past decade. Starting at approximately $1,308.24 in 2012, there was a noticeable increase to $1,636.36 by 2015. The most significant jump appears between 2017 and 2018, rising from $1,607.79 to $2,278.95, and continued to climb, reaching about $2,790.00 in 2021. This trend likely signals increasing property values and development within the region, which could impact decisions involving investment, relocation, property appraisals, insurance rates, and real estate market activity.
Percentage of Farm Returns in DeKalb County, TN Over the Last 10 Years
DeKalb County, Tennessee, has seen a slight decline in the percentage of farm returns over the past decade, dropping from 7.87% in 2012 to around 5.98% in 2021. Farm tax returns are critical indicators of agricultural activity and economic health in rural areas. The modest decrease might suggest evolving dynamics in the local economy or shifts in agricultural viability, impacting decisions on investment or residency. This trend can be essential for potential investors, developers, and residents who prioritize agrarian engagement or depend on related sectors.
Number of Mortgages by Occupancy Type in DeKalb County, TN Over the Last 5 Years in DeKalb County
In DeKalb County, Tennessee, principal residences have consistently dominated mortgage counts over the last five years, peaking in 2021 with 1,510. Investment properties have seen a notable rise from 39 in 2018 to 165 in 2022, suggesting a growing interest in real estate investments. Second residences experienced a spike in 2021 at 173, tapering off to 74 in 2022. Changes in occupancy type may influence property values, tax revenues, and community planning efforts, offering valuable insights for investors, real estate agents, and local policymakers. Understanding these shifts helps stakeholders anticipate market dynamics and make informed decisions.
Economic Outlook
DeKalb County, Tennessee has experienced a consistent rise in average taxable income per tax return from $38,685.09 in 2013 to $60,845.89 by 2021, signaling potential growth in affluence and a more attractive landscape for real estate investments. Despite notable fluctuations in state and local income taxes, including a spike to $6,900.00 in 2013 and a drop to $4,550.00 in 2021, these dynamic trends may be indicative of changes in policy or demographic shifts. Additionally, the average total... Read more
Average Taxable Income per Tax Return in DeKalb County, TN over the last 9 years
Over the past nine years, DeKalb County, Tennessee has seen a consistent increase in average taxable income per tax return, starting at $38,685.09 in 2013 and reaching $60,845.89 by 2021. This upward trend could indicate a growing affluence in the area, potentially making it more appealing for real estate investments and property development. Higher taxable income levels may also reflect an influx of higher-earning individuals or successful local economic initiatives, important factors for appraisers and insurance agents to consider when evaluating the market.
Average State and Local Income Taxes Per Tax Return in DeKalb County, TN Over the Last 8 Years
The average state and local income taxes per tax return in DeKalb County, Tennessee have shown notable fluctuations over the last eight years, with a significant spike in 2013 to $6,900.00 from $2,825.00 in 2012. This was followed by relatively high values hovering around $6,300.00 to $6,975.00 between 2014 and 2017. Interestingly, a drop to $4,550.00 was observed in 2021. These variations suggest that economic conditions, policy changes, or demographic shifts might be influencing the tax landscape in this region. For investors, real estate agents, and others with a stake in DeKalb County, this dynamic tax trend could impact both the appeal and financial planning aspects of engaging with properties and businesses in the area.
Average Total Tax Liability Per Tax Return in DeKalb County, TN Over the Last 10 Years
Over the past decade, DeKalb County, Tennessee, has seen a general upward trend in average total tax liability per tax return, reflecting possible increases in local incomes or tax rates. Starting at $5,927.65 in 2012, the liability fluctuated but showed significant increases, peaking at $9,269.11 in 2021. This trend may indicate economic growth, potentially making the area more attractive to investors and highlighting the importance of accurate property appraisals. Real estate agents and insurance agents should consider these rising liabilities in their assessments, as it may affect client decisions around property investments and valuations.
Cost of Living in DeKalb County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $968 | $1,339 | $1,874 | $969 | $686 |
| 1 adult 4 children | $968 | $1,094 | $1,434 | $969 | $707 |
| 2 adults 3 children | $968 | $1,094 | $1,625 | $969 | $523 |
| 1 adult 3 children | $968 | $893 | $1,185 | $969 | $505 |
| 2 adults 2 children | $749 | $896 | $1,377 | $858 | $488 |
| 1 adult 2 children | $749 | $669 | $937 | $858 | $412 |
| 2 adults 1 child | $749 | $708 | $1,129 | $500 | $512 |
| 1 adult 1 child | $749 | $457 | $689 | $500 | $416 |
| 2 adults | $569 | $569 | $880 | $0 | $461 |
| 1 adult | $565 | $310 | $440 | $0 | $411 |
Safety trends & Data
DeKalb County, Tennessee has experienced some intriguing shifts in property crime over the past five years, which could be of interest to potential homebuyers and investors. Larceny-theft saw a significant peak at 77.00 incidents in 2018 but decreased to 45.00 by 2021. Burglary rates dropped notably from 22.00 incidents in 2021 to just 14.00 in 2022, and vandalism hit a high of 30.00 incidents in 2020 before reducing to 15.00 in 2022. Motor vehicle theft has remained relatively stable at around... Read more
Property Crime Trends in DeKalb County, TN Over the Last 5 Years
DeKalb County, Tennessee, shows varying trends in property crimes over the last five years. Larceny-theft consistently tops the charts, peaking at 77.0 incidents in 2018, though it saw a sharp decline in subsequent years, reaching a low of 45.0 incidents in 2021. Burglary fluctuated but saw a notable decrease from 22.0 incidents in 2021 to 14.0 in 2022. Vandalism spiked to 30.0 incidents in 2020 but decreased to 15.0 in 2022. Motor vehicle theft generally hovered around a dozen incidents annually. The data provides potential investors, homebuyers, and real estate professionals with a nuanced view of localized crime trends, possibly affecting property value and insurance premiums.
Demographics
DeKalb County, Tennessee shows a roughly equal male-to-female adult population balance. The community's educational attainment leans heavily towards a high school level with a modest portion holding bachelor's degrees or higher. The age distribution suggests a notable presence of middle-aged to older adults, potentially indicating an aging population. The racial composition is predominantly White, which could reflect broader state demographic patterns. This data provides insights into the... Read more
Race Distribution in DeKalb County, Tennessee (2022)
Educational Attainment in DeKalb County, Tennessee (2022)
Age Distribution in DeKalb County, Tennessee
Citizen Population in DeKalb County, Tennessee (2022)
Political Trends & Data
Dekalb County, Tennessee, shows a strong conservative tilt according to the 2020 U.S. Presidential Election results, suggesting nearly 78.4% of voters may have backed the GOP. With Democrats receiving around 20.6% and third-party candidates capturing only about 1.1%, this tendency indicates a predominantly Republican voter base, potentially influencing local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Dekalb County, Tennessee, the 2020 U.S. Presidential Election results appear to lean heavily Republican, with nearly 78.4% of the vote possibly going to the GOP. Democrats garnered around 20.6%, while third-party and independent options seemed to have minimal impact, collectively capturing roughly 1.1%. This trend might suggest a predominantly conservative voter base in this region.
78.37% of voters voted for the Republican party in the 2020 Presidential Election
20.56% of voters voted for the Democrat party in the 2020 Presidential Election
1.07% of voters voted for the Other party in the 2020 Presidential Election
School Data
Dekalb County, Tennessee, has seen its student-to-teacher ratio fluctuate from 10 students per teacher in 2015 and 2020 to around 16 in 2017. With the national average at 14, Dekalb County's range often aligns closely, occasionally providing more personalized instruction. These education stats could impact property values, making the county more appealing to families and influencing decisions by developers, real estate agents, appraisers, and insurance... Read more
Student-to-teacher ratio in Dekalb County, Tennessee over the last 10 years
Dekalb County, Tennessee, has experienced fluctuations in its student-to-teacher ratio over the last decade, ranging from a low of 10 students per teacher in 2015 and 2020, to a high of around 16 in 2017. While the national average stands at 14 students per teacher, Dekalb County's ratio tends to hover close to this benchmark, indicating that the area can occasionally offer more personalized instruction with a lower ratio. This variability in student-to-teacher ratios could influence the attractiveness of the county for families prioritizing education, affect property values, and play a role in the county's appeal for developers and real estate agents. Insight into these changes also benefits appraisers and insurance agents, who might consider the quality of local education as a factor in their assessments and policies.
