Haywood County Real Estate and Livability Trends
In Haywood County, Tennessee, the average taxable income per tax return increased from $36,720.69 in 2013 to $47,184.89 in 2021, potentially signifying improved economic conditions and rising property values. Median home values have grown modestly from $99,100 in 2015 to $116,900 in 2022, contrasting with Tennessee's overall sharp rise, suggesting more affordable local investment opportunities.... Read more
Haywood County Market Trends
Haywood County, Tennessee's median home values increased modestly over the past eight years, from $99,100 in 2015 to $116,900 in 2022. Compared to Tennesse's surge from $142,100 to $232,100, this suggests more affordable investment opportunities with slower appreciation rates locally. Residential energy tax credits per return saw significant peaks, notably spiking to $1,450.00 in 2018, indicating... Read more
Median Value of Occupied Housing Units in Haywood County, Tennessee Over the Last 8 Years
Haywood County, Tennessee's median home values over the past eight years show a gradual increase from $99,100 in 2015 to $116,900 in 2022. This growth is relatively modest when compared to the state of Tennessee, where the median value surged from $142,100 to $232,100. On a national level, home values also saw significant growth, rising from $125,500 to $179,400. This data suggests that Haywood County could offer more affordable investment opportunities with slower appreciation rates compared to the broader trends seen statewide and nationally.
Residential Energy Tax Credit Per Tax Return in Haywood County, TN Over the Last 9 Years
Haywood County, Tennessee has seen notable fluctuations in residential energy tax credits per tax return over the past nine years. Starting at $330.00 in 2013, the credit trended upwards with significant peaks, particularly in 2017 at $525.00 and a sharp rise to $1,450.00 in 2018. The recent years have shown more consistent but still high values, with 2021 averaging $1,158.33 per return. These trends suggest an increasing focus on energy efficiency among residents, potentially making the area attractive for investors in green technology and real estate agents looking to market eco-friendly homes.
Average Real Estate Taxes Per Tax Return in Haywood County, TN Over the Last 10 Years
Over the past decade, Haywood County, Tennessee has seen a notable upward trend in real estate taxes per tax return. Starting at an average of approximately $1,612.09 in 2012, this figure fluctuated slightly in the early years but began a significant rise from 2015 onwards, reaching $2,705.56 in 2021. Such a steady increase could indicate evolving property values, changes in tax rates, or a combination thereof, making it an essential consideration for potential investors, homeowners, real estate agents, and insurance professionals evaluating market stability and budget forecasting in the area.
Percentage of Farm Returns in Haywood County, TN Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Haywood County, Tennessee has shown a slight downward trend. Starting at approximately 3.60% in 2012, the rate dipped to around 3.33% in 2015, hitting a low of roughly 2.97% by 2019, and then ticking up to about 3.30% by 2021. Farm tax returns, which are filings specific to agricultural income and expenses, serve as a key indicator of the county's agricultural productivity and economic health. For potential investors or residents, these statistics might suggest a nuanced view of the local agricultural sector's stability and profitability over time.
Number of Mortgages by Occupancy Type in Haywood County, TN Over the Last 5 Years in Haywood County
Haywood County, Tennessee has seen interesting variations in mortgage counts over the last five years, particularly with principal residences dominating despite some fluctuations. Investment properties peaked in 2022 and 2018 but saw a notable drop in 2020. The relatively stable yet low numbers for second residences could suggest limited market interest in vacation homes. For investors and realtors, these shifts highlight evolving demand, potentially signaling where the market might be heating up or cooling down. Appraisers and insurance agents might also find the changes in occupancy type crucial for determining property values and risk assessments. Understanding these trends could provide valuable insights for anyone considering financial decisions or property developments in the area.
Economic Outlook
In Haywood County, Tennessee, average taxable income per tax return has generally risen from $36,720.69 in 2013 to $47,184.89 by 2021, hinting at improving economic conditions. Meanwhile, state and local income taxes per return have fluctuated but showed a rebound from a low of $3,240.00 in 2015 to $4,266.67 in 2017, reflecting a dynamic fiscal environment. Total tax liability per return also trended upwards from around $5,272.69 in 2012 to $6,439.90 by 2021, implying rising incomes or tax... Read more
Average Taxable Income per Tax Return in Haywood County, TN over the last 9 years
The average taxable income per tax return in Haywood County, Tennessee has shown a generally upward trend over the past nine years. Starting from $36,720.69 in 2013, it dipped slightly the following year but steadily increased to $47,184.89 by 2021. This sustained growth could be indicative of improving economic conditions or changes in the local job market that might appeal to investors and prospective residents alike. For real estate agents and property developers, this trend could suggest a potentially expanding market, while appraisers and insurance agents may find the rising incomes relevant for valuations and policy adjustments.
Average State and Local Income Taxes Per Tax Return in Haywood County, TN Over the Last 6 Years
Over the past six years, Haywood County, Tennessee has experienced notable fluctuations in average state and local income taxes per tax return, starting at $4,700.00 in 2012 and dropping to a low of $3,240.00 in 2015. Despite this dip, taxes saw a rebound afterward, reaching $4,266.67 in 2017. These shifts could reflect broader economic or legislative changes in the area, which may be relevant for those considering investing, moving, or engaging in real estate activities in this county. The variability suggests a dynamic fiscal environment that could impact financial planning and decision-making.
Average Total Tax Liability Per Tax Return in Haywood County, TN Over the Last 10 Years
In Haywood County, Tennessee, the average total tax liability per tax return has shown a general upward trend over the past decade, suggesting rising incomes or possibly shifts in local tax policies. The average liability started around $5,272.69 in 2012 and has climbed to approximately $6,439.90 by 2021. Fluctuations seen in the mid-2010s could indicate varying local economic conditions or changes in tax regulations. For potential investors, this upward trend hints at economic growth and potentially increasing property values. Real estate agents and appraisers might find this data useful in predicting market trends, while insurance agents could consider these metrics when assessing risk profiles.
Cost of Living in Haywood County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $987 | $1,307 | $1,732 | $969 | $633 |
1 adult 4 children | $987 | $1,067 | $1,324 | $969 | $649 |
2 adults 3 children | $987 | $1,068 | $1,503 | $969 | $485 |
1 adult 3 children | $987 | $872 | $1,095 | $969 | $468 |
2 adults 2 children | $747 | $874 | $1,274 | $858 | $450 |
1 adult 2 children | $747 | $653 | $866 | $858 | $378 |
2 adults 1 child | $747 | $691 | $1,045 | $500 | $481 |
1 adult 1 child | $747 | $446 | $637 | $500 | $393 |
2 adults | $567 | $555 | $816 | $0 | $437 |
1 adult | $561 | $303 | $408 | $0 | $394 |
Safety trends & Data
Haywood County, Tennessee, has seen varying property crime rates over the past five years, with larceny-theft peaking at 84 incidents in 2019 before dropping to 25 by 2022. Burglary also shows a downward trend, from 35 incidents in 2018 to 19 in 2022, pointing to possible improvements in security. Motor vehicle theft remains relatively low at 4 incidents in 2022, while fraud incidents have declined since a 2018 spike, likely indicating better detection and deterrence. These trends are crucial... Read more
Property Crime Trends in Haywood County, TN Over the Last 5 Years
Haywood County, Tennessee, has observed fluctuating property crime rates over the past five years. Larceny-theft consistently leads in numbers, peaking at 84 in 2019 and declining to 25 by 2022. Burglary incidents show a downward trend from 35 in 2018 to 19 in 2022, which could indicate improving security measures. Motor vehicle thefts present a mixed pattern but remain relatively low at 4 in 2022. Notably, fraud incidents declined after a spike in 2018, suggesting possible improvements in detection and deterrence efforts. For potential investors, new residents, and real estate professionals, understanding these trends is crucial for assessing community safety and property value impacts.
Demographics
In Haywood County, Tennessee, the population skews slightly female with a notable educational trend where the majority hold at least a high school diploma but fewer possess higher education degrees. Age distribution suggests a balance across various age groups, yet there's a significant representation of individuals aged 55 to 64. Racial demographics highlight a predominantly Black or African American and White population, indicating a potentially diverse cultural... Read more
Race Distribution in Haywood County, Tennessee (2022)
Educational Attainment in Haywood County, Tennessee (2022)
Age Distribution in Haywood County, Tennessee
Citizen Population in Haywood County, Tennessee (2022)
Political Trends & Data
In Haywood County, Tennessee, the 2020 U.S. Presidential Election results displayed an interesting tilt with roughly 53.9% favoring the Democratic Party and about 44.9% supporting the Republicans. This shift might hint at changing political dynamics in what is traditionally a conservative state, especially in rural areas. Third-party candidates barely made a dent, indicating a strong bi-partisan... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Haywood County, Tennessee, the 2020 U.S. Presidential Election saw a notable leaning towards the Democratic Party, with approximately 53.9% of the vote share. Republicans trailed with around 44.9%, while third-party candidates gathered minimal support. This configuration could suggest a shift or focal point of interest in voting patterns within this generally conservative state, particularly in rural or less urbanized regions.
44.94% of voters voted for the Republican party in the 2020 Presidential Election
53.93% of voters voted for the Democrat party in the 2020 Presidential Election
1.13% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Haywood County, Tennessee, has dropped from 15.5 students per teacher in 2014 to 11.55 in 2023. This almost 30% decrease could imply smaller class sizes, which some might see as more personalized education and potentially a selling point for families. Real estate agents might use this as a sign of the community's investment in education, possibly making the area more attractive to parents. Appraisers and insurance agents could consider it a positive indicator of... Read more
Student-to-teacher ratio in Haywood County, Tennessee over the last 10 years
The student-to-teacher ratio in Haywood County, Tennessee has seen a generally downward trend over the last decade, dropping from 15.5 students per teacher in 2014 to 11.55 in 2023. This nearly 30% decrease suggests potentially smaller class sizes compared to the national average of 14 students per teacher. For those looking to invest or build property, and for families considering a move, this could imply a more personalized education environment, which can be an attractive feature. Real estate agents could leverage this data to highlight the area's commitment to education. Lower ratios often mean improved individual attention for students, which might be of interest to parents and educators alike. Appraisers and insurance agents might also consider this as an indicator of the community's value through its investment in education infrastructure.