Hawkins County Real Estate and Livability Trends
Hawkins County, Tennessee, has seen median home values rise from $108,600 in 2015 to $153,800 in 2022, which, while slower than state and national averages, indicates steady growth. The student-to-teacher ratio spiked from 14 to 19 between 2022 and 2023, possibly affecting family relocation decisions and property values. Property crimes have notably decreased, with larceny-theft dropping from 138... Read more
Hawkins County Market Trends
In Hawkins County, Tennessee, median home values have gradually risen from $108,600 in 2015 to $153,800 in 2022, contrasting with sharper increases both statewide and nationally. Residential energy tax credits have jumped from $312.77 per return in 2013 to $812.00 by 2021, hinting at a growing emphasis on energy-efficient home improvements. Rising real estate taxes—from $1,884.34 in 2012 to... Read more
Median Value of Occupied Housing Units in Hawkins County, Tennessee Over the Last 8 Years
Hawkins County, Tennessee, has experienced a steady rise in median home values from $108,600 in 2015 to $153,800 in 2022. This increase is intriguing when compared to the overall state and national trends. Tennessee's median home values started higher at $142,100 in 2015 and surged to $232,100 by 2022, reflecting a sharper growth curve. Nationally, the median home value began at $125,500 in 2015 and reached $179,400 in 2022. For investors, this underscores potential in Hawkins County's relatively lower yet steadily appreciating market, especially when contrasted with the faster growth seen statewide.
Residential Energy Tax Credit Per Tax Return in Hawkins County, TN Over the Last 9 Years
Investors eyeing Hawkins County, Tennessee might find the rising trend in residential energy tax credits promising. Average tax credits per return have seen a noticeable increase from $312.77 in 2013 to a remarkable $812.00 by 2021, suggesting a growing investment in energy-efficient home improvements. This could signal not only increasing property values but also a community progressively committed to sustainable living. For real estate agents, appraisers, and insurance agents, these metrics may indicate wider adoption of green initiatives, potentially attracting buyers prioritizing long-term environmental and financial savings.
Average Real Estate Taxes Per Tax Return in Hawkins County, TN Over the Last 10 Years
Over the last decade, Hawkins County, Tennessee has seen a noticeable escalation in average real estate taxes per tax return, with figures moving from approximately $1,884.34 in 2012 to around $3,397.67 by 2021. The sharpest increases appear between 2017 and 2020, suggesting potential causes like new infrastructural developments or reassessments of property values. For investors and real estate professionals, these rising taxes could indicate increasing property values and developmental activity, while insurance agents might see a correlating rise in property insurance costs. Potential homebuyers should evaluate these trends in the context of their long-term financial planning.
Percentage of Farm Returns in Hawkins County, TN Over the Last 10 Years
Farm tax returns in Hawkins County, Tennessee, have shown a general decline over the past decade, dropping from 5.04% in 2012 to around 4.26% in 2021. This subtle yet consistent downward trend suggests that while farming remains a part of the local economy, its relative contribution might be decreasing. For investors or those looking to build property, understanding this trend can be crucial. The dip could point towards shifts in land use or economic priorities, potentially impacting future development opportunities or the valuation of agricultural land in the county.
Number of Mortgages by Occupancy Type in Hawkins County, TN Over the Last 5 Years in Hawkins County
Over the last five years in Hawkins County, Tennessee, the number of mortgages for principal residences has fluctuated, peaking at over 3,100 in 2021 and dropping to around 2,500 in 2022. Investment properties and second residences have consistently seen much lower numbers, reflecting a lower investor and secondary home market, though investment property mortgages have slightly increased since 2018. Such changes in occupancy type can signal shifts in local housing demand, affect property values, and influence risk assessments for insurance agents. These trends are crucial for investors and real estate professionals to gauge market stability and potential returns. Understanding these shifts can also aid potential homeowners and appraisers in making informed decisions.
Economic Outlook
In Hawkins County, Tennessee, the average taxable income per tax return has climbed from about $40,859.18 in 2013 to around $54,608.90 in 2021, hinting at a strengthening local economy that could attract investors and real estate agents. State and local income taxes have also shown notable fluctuations, peaking at $7,788.89 by 2021, which might suggest economic changes or policy shifts affecting residents and investors. The total tax liability per tax return has generally trended upward,... Read more
Average Taxable Income per Tax Return in Hawkins County, TN over the last 9 years
In Hawkins County, Tennessee, the average taxable income per tax return has steadily increased over the past nine years, jumping from approximately $40,859.18 in 2013 to around $54,608.90 in 2021. This upward trend may indicate a strengthening local economy, appealing to potential investors and real estate agents. Builders and developers might find this data encouraging as it could suggest growing purchasing power among residents. Appraisers and insurance agents should also take note as increased incomes could impact property valuations and insurance premiums.
Average State and Local Income Taxes Per Tax Return in Hawkins County, TN Over the Last 10 Years
The past decade in Hawkins County, Tennessee, saw significant fluctuations in state and local income taxes per tax return. Starting at $4711.54 in 2012, taxes dipped to $4370.00 in 2015 before rising sharply, culminating in $7788.89 by 2021. This erratic trend, peaking notably from 2019 to 2021, could suggest wider economic changes or policy shifts within the county, potentially impacting both current and prospective residents and investors.
Average Total Tax Liability Per Tax Return in Hawkins County, TN Over the Last 10 Years
Over the last decade, Hawkins County, Tennessee has seen a fluctuating but generally upward trend in average total tax liability per tax return, peaking sharply at $7,427.23 in 2021. Investors, appraisers, and real estate agents might find this significant as it possibly indicates growing income levels or property values within the county. Insurance agents should consider these trends when evaluating risk and premiums, while those looking to move could see this as a sign of economic growth but should brace for potentially higher living costs.
Cost of Living in Hawkins County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $984 | $1,420 | $1,916 | $899 | $701 |
| 1 adult 4 children | $984 | $1,159 | $1,465 | $899 | $740 |
| 2 adults 3 children | $984 | $1,160 | $1,663 | $899 | $545 |
| 1 adult 3 children | $984 | $947 | $1,212 | $899 | $507 |
| 2 adults 2 children | $750 | $949 | $1,409 | $820 | $493 |
| 2 adults 1 child | $750 | $750 | $1,156 | $564 | $534 |
| 1 adult 2 children | $750 | $709 | $958 | $820 | $410 |
| 1 adult 1 child | $750 | $485 | $705 | $564 | $430 |
| 2 adults | $593 | $603 | $902 | $0 | $471 |
| 1 adult | $551 | $329 | $451 | $0 | $403 |
Safety trends & Data
Hawkins County, Tennessee has experienced a significant reduction in property crimes over the past five years. Larceny-theft incidents dropped dramatically from 138 in 2018 to 50 in 2022, and burglary cases also fell from 30 to 18 in the same period. These trends might interest potential real estate investors or homebuyers, suggesting a potentially safer and more stable community... Read more
Property Crime Trends in Hawkins County, TN Over the Last 5 Years
Hawkins County, Tennessee has seen a notable decline in property crimes over the past five years, with a particularly sharp drop in larceny-theft from 138 incidents in 2018 to just 50 in 2022. Burglary incidents also decreased from 30 in 2018 to 18 in 2022. However, there are fluctuations in other categories such as arson and motor vehicle theft, with arson peaking at 3 incidents in both 2019 and 2022 and motor vehicle theft reaching a high of 25 in both 2019 and 2020. Those interested in real estate or investments in the area might find the declining crime rates an encouraging sign, potentially indicating improving community safety and stability.
Demographics
Hawkins County, Tennessee sees a slightly higher female population compared to males. Educational attainment reveals a strong lean towards high school graduates, but fewer residents pursue higher education degrees. Age distribution is more pronounced among the 55 to 64 demographic, suggesting an aging population. The racial composition is overwhelmingly White, with very small percentages of other racial groups, indicating limited racial... Read more
Race Distribution in Hawkins County, Tennessee (2022)
Educational Attainment in Hawkins County, Tennessee (2022)
Age Distribution in Hawkins County, Tennessee
Citizen Population in Hawkins County, Tennessee (2022)
Political Trends & Data
Hawkins County, Tennessee, may exhibit a strong conservative inclination, as indicated by the 2020 U.S. Presidential Election where Republicans garnered nearly 82% of the vote. Democrats managed around 16%, and other parties collectively had a negligible impact with about 1.4% of the vote. This trend might influence local political strategies and attract particular policy... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Hawkins County, Tennessee, the 2020 U.S. Presidential Election saw Republicans possibly enjoying overwhelming support, with nearly 82% of the vote. Democrats secured roughly 16%, while other parties combined for about 1.4%, showing minimal impact. This could highlight a strong conservative leaning in the region, making it a point of interest for future elections and political strategy.
82.20% of voters voted for the Republican party in the 2020 Presidential Election
16.45% of voters voted for the Democrat party in the 2020 Presidential Election
1.35% of voters voted for the Other party in the 2020 Presidential Election
School Data
Hawkins County, Tennessee has experienced notable volatility in its student-to-teacher ratio, surging from 14 in 2022 to 19 in 2023, well above the national average of 14. This spike might point to underlying issues or shifts within the local education landscape, affecting family relocation choices, investor evaluations, and property value assessments. Real estate agents and developers may also need to factor in these changes, considering their implications for educational infrastructure needs... Read more
Student-to-teacher ratio in Hawkins County, Tennessee over the last 10 years
Hawkins County, Tennessee has seen some fluctuations in its student-to-teacher ratio over the last decade, with a noticeable jump from 14 in 2022 to 19 in 2023, substantially higher than the national average of 14 students per teacher. This shift could signal challenges or changes within the local education system, impacting decisions for families considering moving to the area, investors evaluating local infrastructure, and appraisors or insurance agents assessing property values. Higher ratios may also influence real estate agents in their client advisories and developers in gauging the need for new educational facilities or community support structures.
