Jackson County Real Estate and Livability Trends
Jackson County, Tennessee, has seen an impressive increase in average taxable income per tax return over the past nine years, rising from $34,470.93 in 2013 to $50,022.27 in 2021. This suggests an improving local economy. Home values deviated from state and national trends, peaking at $126,100 in both 2019 and 2022. The notable rise in tax liabilities and real estate taxes signals increasing... Read more
Jackson County Market Trends
The median home values in Jackson County, Tennessee have shown peaks at $126,100 in both 2019 and 2022, diverging from the more steady growth seen at both the state and national levels. Tennessee's values skyrocketed from $142,100 in 2015 to $232,100 in 2022, surpassing national trends. Energy tax credits in Jackson County have generally increased, signaling a possible focus on energy efficiency,... Read more
Median Value of Occupied Housing Units in Jackson County, Tennessee Over the Last 8 Years
The median home values in Jackson County, Tennessee have experienced varied fluctuations over the last eight years, with peaks in 2019 at $126,100 and in 2022 at the same price. This trend contrasts with both Tennessee and national figures, where there has been a more steady increase. Tennessee's median home values surged from $142,100 in 2015 to $232,100 in 2022, exceeding national growth. On a national level, values rose from $125,500 in 2015 to $179,400 in 2022. These discrepancies suggest that Jackson County might present unique investment opportunities or challenges compared to broader trends.
Residential Energy Tax Credit Per Tax Return in Jackson County, TN Over the Last 7 Years
Jackson County, Tennessee, has seen a fluctuating yet generally increasing trend in average residential energy tax credits per tax return over the past seven years. Starting at $272.73 in 2013, the average credit dipped to $200.00 in 2014, but rebounded notably to $357.14 by 2016. Although there was a minor drop to $333.33 in 2017, 2021 saw a remarkable surge to $580.00. This suggests a growing emphasis on energy efficiency and potentially more generous state incentive programs, making it a promising area for eco-conscious investors, builders focusing on sustainable development, and appraisers noting green upgrades.
Average Real Estate Taxes Per Tax Return in Jackson County, TN Over the Last 10 Years
Over the past decade in Jackson County, Tennessee, average real estate taxes per tax return have shown a generally rising trend, with notable fluctuations. Taxes began at approximately $1,365.85 in 2012, saw a modest increase to around $1,394.87 in 2013, but then experienced a notable dip to $1,308.11 in 2014. Afterward, there was a steady climb, peaking dramatically at $2,650.00 in 2020 before dipping to $2,150.00 in 2021. This growth, especially from 2016 onwards, may indicate increasing property values and could be a signal to potential investors or current property owners about the evolving financial landscape in the area.
Percentage of Farm Returns in Jackson County, TN Over the Last 10 Years
The percentage of farm tax returns in Jackson County, Tennessee has experienced a general decline over the last decade, starting from about 12.06% in 2012 and reaching a low of roughly 7.87% in 2020 before a modest uptick to approximately 9.03% in 2021. This trend might suggest shifts in agricultural viability, economic change, or population movement impacting the area. Farm tax returns are a key indicator of active agricultural operations and land use, signaling the economic health and sustainability of farming within the region. Investors and property developers might see these trends as a hint towards changing land use patterns, which could impact future land value and development opportunities in the county.
Number of Mortgages by Occupancy Type in Jackson County, TN Over the Last 5 Years in Jackson County
In Jackson County, Tennessee, principal residences dominate the mortgage scene, with counts consistently higher than those for investment and second properties. Notably, there's been an uptick in mortgages for principal residences, peaking in 2021, suggesting a growing preference for establishing primary homes. This trend might interest real estate investors and home builders considering the potential demand for family-oriented amenities and services. For insurance agents and appraisers, understanding the high proportion of primary residence mortgages could inform risk assessments and property valuations, given owner-occupied homes often reflect different maintenance and usage patterns compared to investment or second homes.
Economic Outlook
Jackson County, Tennessee, has experienced a significant rise in average taxable income per tax return over the past nine years, growing from about $34,470.93 in 2013 to roughly $50,022.27 in 2021. This trend might suggest an improving local economy and standard of living. The total tax liability per tax return has also increased, from nearly $4,011.19 in 2012 to $6,163.52 in 2021, which may indicate rising incomes, property values, or changes in tax structures. For investors and real estate... Read more
Average Taxable Income per Tax Return in Jackson County, TN over the last 9 years
Jackson County, Tennessee has seen a notable upward trend in average taxable income per tax return over the past nine years, increasing from approximately $34,470.93 in 2013 to around $50,022.27 in 2021. This steady growth likely indicates economic development and a potentially improving standard of living. For investors, real estate agents, appraisers, and others with an interest in the economic landscape of Jackson County, these figures could suggest a strengthening local economy and possibly a growing demand for housing and services. However, potential investors and stakeholders should consider various factors, including local policies and ongoing developments, to fully understand the market dynamics before making decisions.
Average State and Local Income Taxes Per Tax Return in Jackson County, TN Over the Last 6 Years
Over the past six years, Jackson County, Tennessee, has experienced fluctuations in state and local income taxes per tax return, ranging from $2,940.00 in 2012 to a peak of $4,875.00 in 2013. Taxes have generally hovered around the mid-$3,000 to mid-$4,000 range, which could indicate a variability in the local economy or tax policies. This variable tax environment may be something potential investors and residents consider as it could affect overall living costs and investment returns in the area.
Average Total Tax Liability Per Tax Return in Jackson County, TN Over the Last 10 Years
Over the past decade, Jackson County, Tennessee, has seen a notable upwards trend in the average total tax liability per tax return, moving from approximately $4,011.19 in 2012 to a potential high of $6,163.52 in 2021. This steady increase, particularly sharp since 2016, might hint at rising incomes, property values, or changes in taxation structures, which could appeal to investors and insurance agents considering the financial health of the area. Real estate agents may view this trend as indicative of a growing economic base, which could attract potential buyers interested in the county’s prosperity.
Cost of Living in Jackson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $909 | $1,492 | $1,874 | $969 | $727 |
| 1 adult 4 children | $909 | $1,218 | $1,434 | $969 | $748 |
| 2 adults 3 children | $909 | $1,219 | $1,625 | $969 | $547 |
| 1 adult 3 children | $909 | $995 | $1,185 | $969 | $529 |
| 2 adults 2 children | $747 | $998 | $1,377 | $858 | $522 |
| 1 adult 2 children | $747 | $745 | $937 | $858 | $443 |
| 2 adults 1 child | $747 | $789 | $1,129 | $500 | $538 |
| 1 adult 1 child | $747 | $509 | $689 | $500 | $433 |
| 2 adults | $567 | $633 | $880 | $0 | $480 |
| 1 adult | $564 | $346 | $440 | $0 | $421 |
Safety trends & Data
Jackson County, Tennessee has experienced variable trends in property crimes over the past five years, with notable fluctuations in larceny-theft and a recent spike in motor vehicle thefts. Larceny-theft cases peaked at 15 in 2018, dipped to 6 in 2021, and then climbed back to 13 in 2022. Burglary incidents, however, have shown a more consistent decline, dropping from 12 in 2018 to 4 in 2022. Motor vehicle thefts saw a jump to 8 cases in 2022 from the previous 1-4 cases annually. Fraud cases... Read more
Property Crime Trends in Jackson County, TN Over the Last 5 Years
Over the past five years, Jackson County, Tennessee has seen fluctuating trends in property crimes. From peaks in larceny-theft reaching 15 cases in 2018 and a dip to 6 cases in 2021, then climbing back to 13 in 2022, indicating a level of instability in this category. Burglary incidents showed more consistent declines from 12 in 2018 to just 4 in 2022. Motor vehicle thefts had lower frequency but spiked to 8 in 2022 from previous years at around 1-4 cases. Fraud cases have doubled from 1 in 2018 to a stable 5 in the last couple of years, suggesting more persistent fraudulent activities. Vandalism and other property crimes like arson and possessing stolen goods exhibit sporadic occurrences, remaining quite low overall. This variability needs to be considered for investors, residents, and professionals concerned with property and community safety.
Demographics
Jackson County, Tennessee shows a balanced gender ratio among its adult population. Educational progress is varied, with a significant portion holding a high school diploma or some college experience. Age distribution highlights a substantial number of individuals in the 55 to 64-year range, reflecting a possibly older median age compared to other regions. Racially, the county is predominantly White, with minimal representation from other groups, hinting at a largely homogenous community. These... Read more
Race Distribution in Jackson County, Tennessee (2022)
Educational Attainment in Jackson County, Tennessee (2022)
Age Distribution in Jackson County, Tennessee
Citizen Population in Jackson County, Tennessee (2022)
Political Trends & Data
Jackson County, Tennessee, leaned sharply Republican in the 2020 U.S. Presidential Election, with nearly 77.4% of the vote likely going to the GOP. Democrats might have captured about 21.3%, while minor parties like Libertarians and Greens seemed to struggle for recognition. This trend indicates a strong Republican presence in the county, with other political affiliations appearing to have minimal... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jackson County, Tennessee leaned heavily Republican in the 2020 U.S. Presidential Election, with nearly 77.4% of the vote potentially going to the GOP. Democrats perhaps captured around 21.3%, while minor parties like Libertarians and Greens possibly failed to gain traction. This suggests a solid Republican base in the county, with other political affiliations barely making a mark.
77.36% of voters voted for the Republican party in the 2020 Presidential Election
21.32% of voters voted for the Democrat party in the 2020 Presidential Election
1.32% of voters voted for the Other party in the 2020 Presidential Election
School Data
Jackson County, Tennessee has seen a student-to-teacher ratio hovering around the national average of fourteen over the past decade, with occasional peaks slightly over fifteen and lows under fourteen. This fluctuating trend might suggest occasional overcrowding in classrooms, which could influence property investment decisions, the perceived quality of education for families, and potentially the demand for schooling infrastructure. This data may be relevant for real estate agents, appraisers,... Read more
Student-to-teacher ratio in Jackson County, Tennessee over the last 10 years
Over the past decade, Jackson County, Tennessee has experienced fluctuations in its student-to-teacher ratio, with highs reaching just over fifteen and lows falling below fourteen. When compared to the national average of fourteen students per teacher, Jackson County's ratios are relatively on par but show occasional increases that may indicate class sizes swelling. This trend could impact decisions for those looking to invest in properties or assess the overall quality of education, which can be a significant factor for families considering moving to the area, real estate agents, or insurance agents determining coverage needs. For appraisers and educators, these ratios might also influence the perceived value and demand for schooling infrastructure in the region.
