Greene County Real Estate and Livability Trends
Greene County, Tennessee has seen a notable shift in property crime trends, with larceny-theft incidents plummeting from 261 in 2018 to 63 in 2022, and burglaries decreasing from 49 to 33. This downward trend may attract potential investors and new residents looking for safer communities. Politically, the county leaned heavily Republican in the 2020 U.S. Presidential Election, capturing about 79%... Read more
Greene County Market Trends
Over the past eight years, Greene County, Tennessee, has seen its median home values rise from $109,700 in 2015 to $166,500 in 2022. While still lower compared to the state and national figures, this steady increase suggests growing investment potential. Interestingly, residential energy tax credits have surged, peaking at $722.00 in 2021, indicating a trend towards energy-efficient homes. Real... Read more
Median Value of Occupied Housing Units in Greene County, Tennessee Over the Last 8 Years
Over the past eight years, Greene County, Tennessee has experienced a steady increase in median home values, climbing from $109,700 in 2015 to $166,500 in 2022. This local trend contrasts with state and national figures, where Tennessee saw a rise from $142,100 to $232,100, and the national median moved from $125,500 to $179,400 during the same period. While Greene County remains more affordable relative to both state and national medians, the consistent upward trajectory suggests growing investment potential in this area.
Residential Energy Tax Credit Per Tax Return in Greene County, TN Over the Last 9 Years
Greene County, Tennessee has seen notable fluctuations in residential energy tax credits per tax return over the past nine years. Starting at approximately $425.71 in 2013, it experienced a dip, bottoming out around $384.21 in 2016. However, a sharp increase occurred by 2018, peaking at $722.00 in 2021. This upward trend suggests a growing investment in residential energy efficiency, potentially driven by increasing awareness and incentives for sustainable living. This could interest real estate agents and investors as energy-efficient homes might attract higher values and desirability among buyers and renters, while insurance agents might need to adjust policies accordingly.
Average Real Estate Taxes Per Tax Return in Greene County, TN Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Greene County, Tennessee have shown a notable upward trend. Starting at approximately $1,482.96 in 2012, the average tax has seen fluctuations but ultimately increased significantly, reaching around $3,152.94 by 2021. The most dramatic rise occurred between 2017 and 2018, where taxes jumped from roughly $1,867.10 to $2,812.00, suggesting that property values may have surged, impacting tax assessments. This pattern indicates a potential for higher property values and increased municipal revenue, which can be a boon for local infrastructure and services but may also necessitate higher costs for homeowners and investors.
Percentage of Farm Returns in Greene County, TN Over the Last 10 Years
Greene County, Tennessee has seen a fluctuating yet overall declining trend in the percentage of farm tax returns over the past decade. Starting at 8.32% in 2012, the percentage gradually decreased to a low of 6.60% in 2020, before seeing a slight uptick to 6.82% in 2021. Farm tax returns are crucial in indicating the economic health and viability of agricultural activities in the area, reflecting how many farm owners are actively generating income, claiming deductions, or making investments in their farming operations. For prospective investors or those considering moving into Greene County, this trend might suggest a cautious approach towards agricultural investments, potentially indicating shifting economic conditions or a need for targeted support in the farming sector.
Number of Mortgages by Occupancy Type in Greene County, TN Over the Last 5 Years in Greene County
In Greene County, Tennessee, the number of mortgages for principal residences has notably outpaced those for investment and second properties over the past five years. Principal residence mortgages have shown a clear upward trend, particularly peaking in 2021 with 3,804 new mortgages. In contrast, the counts for investment properties and second residences have remained relatively modest, with slight fluctuations but without any dramatic shifts. These changes in occupancy type reflect evolving residential demand which could influence property values, local economic development, and infrastructure planning. Investors and real estate agents, in particular, might find these trends crucial when assessing market opportunities, while appraisers and insurance agents could use this data to better forecast property risks and values.
Economic Outlook
Greene County, Tennessee has seen a notable rise in average taxable income per tax return over the past nine years, from $39,940.11 in 2013 to $54,966.80 in 2021, suggesting potential economic growth and increasing local wealth. This trend could be attractive to investors and property developers. Average state and local income taxes have also increased, peaking at about $12,723.08 in 2019 before readjusting to $9,740.00 in 2021, hinting at economic shifts and possibly changing policies.... Read more
Average Taxable Income per Tax Return in Greene County, TN over the last 9 years
Over the past nine years, Greene County, Tennessee has experienced a steady increase in average taxable income per tax return, rising from $39,940.11 in 2013 to $54,966.80 in 2021. This upward trend could be indicative of economic growth and increasing wealth in the area, potentially making it an attractive location for investors, homeowners, and professionals involved in real estate and property development. Notably, the most significant jump occurred between 2020 and 2021, suggesting recent economic vitality that might be valuable for businesses and insurance agents assessing risk and opportunity.
Average State and Local Income Taxes Per Tax Return in Greene County, TN Over the Last 10 Years
The average state and local income taxes per tax return in Greene County, Tennessee have shown a noticeable increase over the last decade. Starting around $5,129.03 in 2012, the figure experienced fluctuations before peaking dramatically in 2019 at approximately $12,723.08. Although there was a slight reduction in 2020 to about $8,212.50, the number rebounded to $9,740.00 in 2021. This upward trend might indicate shifts in local economic conditions and policy changes, which could be critical for investors, real estate agents, and residents considering financial planning or property investments in the area.
Average Total Tax Liability Per Tax Return in Greene County, TN Over the Last 10 Years
Investors and property developers could find Greene County, Tennessee intriguing due to a notable upward trend in average total tax liability per tax return over the past decade, from $5,399.19 in 2012 to $7,508.69 in 2021. This pattern suggests increasing economic prosperity, which might indicate a growing market and potential for higher property values. It's crucial for appraisers and insurance agents to consider these dynamics, as they can have direct implications on property values and insurance premiums. Real estate agents should be aware of these shifts, which could appeal to prospective buyers or investors looking for rising markets.
Cost of Living in Greene County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,062 | $1,488 | $1,879 | $1,065 | $786 |
| 1 adult 4 children | $1,062 | $1,215 | $1,438 | $1,065 | $848 |
| 2 adults 3 children | $1,062 | $1,216 | $1,630 | $1,065 | $611 |
| 1 adult 3 children | $1,062 | $992 | $1,189 | $1,065 | $608 |
| 2 adults 2 children | $747 | $995 | $1,381 | $962 | $529 |
| 1 adult 2 children | $747 | $743 | $940 | $962 | $452 |
| 2 adults 1 child | $747 | $786 | $1,132 | $629 | $552 |
| 1 adult 1 child | $747 | $508 | $690 | $629 | $447 |
| 2 adults | $661 | $632 | $883 | $0 | $494 |
| 1 adult | $578 | $345 | $441 | $0 | $415 |
Safety trends & Data
Greene County, Tennessee has experienced some interesting shifts in property crime trends over the past five years. Larceny-theft, the most common crime, dropped significantly from 261 incidents in 2018 to just 63 in 2022. Burglary incidents also declined from 49 to 33 over the same period. Meanwhile, motor vehicle thefts stayed fairly consistent, averaging around 50 annually. With sporadic patterns in crimes like fraud and vandalism, the overall data could indicate a gradual improvement in... Read more
Property Crime Trends in Greene County, TN Over the Last 5 Years
Greene County, Tennessee has seen fluctuating property crime trends over the past five years. Larceny-Theft has consistently been the most prevalent crime, but it saw a noticeable decline from 261 incidents in 2018 to just 63 in 2022. Burglary incidents also decreased from 49 in 2018 to 33 in 2022. However, Motor Vehicle Theft numbers remained relatively stable, averaging around 50 annually. Crimes like Fraud and Vandalism showed varying patterns, but no clear upward or downward trend. Overall, the data may suggest a gradual improvement in property crime rates, which could be a positive indicator for potential investors and residents.
Demographics
Greene County, Tennessee shows a slight gender disparity with females outnumbering males. Educational attainment data suggests a large portion of the population has a high school diploma or some college education but fewer have achieved advanced degrees. The age distribution reveals an older population overall, with a significant number of residents aged 55 and older. The racial makeup is predominantly White, with other racial groups present in much smaller numbers. These trends might impact... Read more
Race Distribution in Greene County, Tennessee (2022)
Educational Attainment in Greene County, Tennessee (2022)
Age Distribution in Greene County, Tennessee
Citizen Population in Greene County, Tennessee (2022)
Political Trends & Data
Greene County, Tennessee, exhibited a significant Republican preference in the 2020 U.S. Presidential Election, with around 79% of votes leaning that way. Democrats seemed to have a tough time, managing approximately 18.5%. The limited support for minor parties suggests a solid two-party dynamic in play. This political landscape might subtly influence real estate trends, as it can shape community policies and developer interest in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Greene County, Tennessee, leaned heavily Republican in the 2020 U.S. Presidential Election, with approximately 79% of the votes. Democrats struggled to gain traction, capturing just about 18.5%. Minor parties and other options garnered minimal support, indicating a strong two-party preference among voters in this region.
79.25% of voters voted for the Republican party in the 2020 Presidential Election
18.51% of voters voted for the Democrat party in the 2020 Presidential Election
2.24% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Greene County, Tennessee has gradually decreased from nearly 16 students per teacher in 2014 to just over 13 in 2023, falling below the national average of 14. This trend might indicate more personalized attention for students and potentially enhance educational outcomes, making the area appealing to families. For real estate investors and agents, such educational metrics could influence property values and the desirability of the locale, especially for those... Read more
Student-to-teacher ratio in Greene County, Tennessee over the last 10 years
The student-to-teacher ratio in Greene County, Tennessee fluctuated over the past decade with a general downward trend, starting at nearly 16 students per teacher in 2014 and dropping to just over 13 students per teacher in 2023. This is now below the national average of 14 students per teacher. A lower student-to-teacher ratio can suggest more individualized attention for students and potentially better educational outcomes, which might be appealing to families considering a move to the area. For real estate investors and agents, these educational statistics can impact property values and the attractiveness of the area to prospective buyers with school-aged children. Lower ratios also hold significance for appraisers and insurance agents as they can reflect on community welfare and the desirability of the neighborhood, influencing appraisals and insurance premiums. Overall, the shift in student-to-teacher ratios in Greene County, Tennessee could signal a positive turning point in local educational services and community investment.
