Johnson County Real Estate and Livability Trends
Johnson County, Tennessee's real estate market has shown economic growth, with average taxable incomes peaking at $58,748.19 in 2021 and state/local income taxes rising to about $16,300.00. Home values jumped from $110,500 to $156,400 over the past eight years. Despite these increases, property tax peaks, and declining farm tax returns suggest notable market shifts. Decreasing student-to-teacher... Read more
Johnson County Market Trends
Over the past eight years, Johnson County, Tennessee witnessed home values rise from $110,500 to $156,400, although still trailing the state and national medians. In 2019, the residential energy tax credit peaked at $575.00, hinting at a spike in energy-efficient upgrades. Real estate taxes saw large fluctuations, peaking at $3,292.86 in 2020, which might reflect changing property values or tax... Read more
Median Value of Occupied Housing Units in Johnson County, Tennessee Over the Last 8 Years
Over the past eight years, Johnson County, Tennessee, has seen a general upward trend in median home values, improving from $110,500 in 2015 to $156,400 in 2022. While this local rise appears significant, it still lags behind the state of Tennessee where the 2022 median was $232,100. The national market also shows a higher growth rate, hitting $179,400 by 2022. This relative affordability in Johnson County may appeal to budget-conscious investors or those seeking more value for their money.
Residential Energy Tax Credit Per Tax Return in Johnson County, TN Over the Last 8 Years
Johnson County, Tennessee has shown fluctuating trends in the average residential energy tax credit per tax return over the past eight years. The credits peaked notably in 2019 at $575.00, which could indicate increased investment in energy-efficient improvements during that period. This might suggest growing community awareness of energy savings or possibly an uptick in state incentives during certain years. Observing these variations provides valuable insight for investors, real estate agents, and property builders looking to understand the market dynamics and energy-efficiency trends in this region.
Average Real Estate Taxes Per Tax Return in Johnson County, TN Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Johnson County, Tennessee have fluctuated significantly, with noticeable increases. While starting at around $1,462.03 in 2012, they peaked at $3,292.86 in 2020 but saw a slight drop to $3,111.76 in 2021. This trend might suggest rising property values or changing tax rates, potentially impacting decisions for prospective investors, homebuyers, and real estate professionals.
Percentage of Farm Returns in Johnson County, TN Over the Last 10 Years
Over the past decade, Johnson County, Tennessee has seen a gradual decline in farm tax returns, dropping from approximately 7.12% in 2012 to around 4.87% in 2021. The most substantial dip occurred between 2018 and 2020. Farm tax returns are filings by farmers claiming taxes paid or refunds owed, indicating the economic health of farms and agricultural activity in the area. This trend could suggest a shrinking farming sector, which might affect property investments and agricultural businesses, potentially signaling reduced agricultural land value or shifts towards other industries. This is worth noting for anyone looking to invest, move, or build property in Johnson County, as it could impact future economic stability and the availability of farm-related opportunities.
Number of Mortgages by Occupancy Type in Johnson County, TN Over the Last 5 Years in Johnson County
In Johnson County, Tennessee, the number of mortgages for principal residences showed a significant increase from 391 in 2018 to a peak of 715 in 2021, before declining to 458 in 2022. This trend indicates fluctuating housing demand, possibly driven by economic or demographic shifts. Mortgages for second residences also spiked, peaking at 84 in 2020, hinting at a growing interest in vacation or secondary homes. Investment property mortgages remained relatively low, ranging from 10 to 19 annually, which may signal limited speculation or rental market growth. Understanding these nuances can offer valuable insights for investors, real estate agents, appraisers, and insurance agents in assessing market dynamics and potential opportunities.
Economic Outlook
Johnson County, Tennessee's real estate market has been influenced by fluctuating average taxable incomes, which peaked at $58,748.19 in 2021, suggesting possible economic growth. The average state and local income taxes per tax return have also seen significant increases, averaging around $15,800.00 to $16,300.00 from 2019 onward, likely hinting at economic shifts impacting property investments and valuations. Additionally, the average total tax liability has generally risen, reaching... Read more
Average Taxable Income per Tax Return in Johnson County, TN over the last 9 years
Johnson County, Tennessee has experienced noteworthy fluctuations in average taxable income per tax return over the past nine years. After a low of $39,605.13 in 2015, there's been a steady, albeit occasionally uneven, increase, peaking at $58,748.19 in 2021. This rising trend may hint at economic growth or shifts in the local job market, making it an intriguing case for investors and real estate agents. For those looking to move to this area, the economic outlook appears to be improving, suggesting potential stability and increasing prosperity. Insurance agents and appraisers might see changing demographics and property valuations reflective of these income changes.
Average State and Local Income Taxes Per Tax Return in Johnson County, TN Over the Last 10 Years
Johnson County, Tennessee has seen notable fluctuations in average state and local income taxes per tax return over the past decade. Early in the decade, taxes ranged between approximately $5,100.00 and $7,800.00, but there has been a significant spike in recent years, with averages climbing to around $15,800.00 to $16,300.00 from 2019 onward. This variability may signal economic shifts that could impact investment decisions, property valuations, and insurance assessments. Individuals and businesses considering the area may want to closely monitor these trends for potential financial implications.
Average Total Tax Liability Per Tax Return in Johnson County, TN Over the Last 10 Years
Over the last decade, Johnson County, Tennessee has generally experienced a rise in average total tax liability per tax return with notable fluctuations. Starting at roughly $4,643.03 in 2012, the amount spiked to $8,120.37 in 2014, dropped to around $5,239.23 in 2015, but steadily climbed again to a high of approximately $8,598.07 in 2021. This upward trend may suggest increased earnings, property values, or changes in tax policy. Understanding these dynamics could be pivotal for potential investors, appraisers, real estate agents, and anyone considering relocating to the area.
Cost of Living in Johnson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $909 | $1,508 | $1,879 | $969 | $722 |
| 1 adult 4 children | $909 | $1,232 | $1,438 | $969 | $738 |
| 2 adults 3 children | $909 | $1,232 | $1,630 | $969 | $542 |
| 1 adult 3 children | $909 | $1,006 | $1,189 | $969 | $519 |
| 2 adults 2 children | $747 | $1,008 | $1,381 | $858 | $515 |
| 1 adult 2 children | $747 | $753 | $940 | $858 | $432 |
| 2 adults 1 child | $747 | $797 | $1,132 | $500 | $529 |
| 1 adult 1 child | $747 | $515 | $690 | $500 | $422 |
| 2 adults | $661 | $640 | $883 | $0 | $495 |
| 1 adult | $609 | $349 | $441 | $0 | $420 |
Safety trends & Data
Johnson County, Tennessee has seen fluctuating property crime rates over the last five years. Burglary incidents dipped from 16.0 in 2018 to 12.0 in 2022, and larceny-theft significantly dropped from 28.0 to 18.0 over the same period. Motor vehicle theft held steady at around 6.0 incidents per year, while vandalism experienced a sharp fall from 15.0 in 2018 to just 4.0 in 2022. Fraud incidents also saw a slight decrease from 7.0 in 2018 to 3.0 in 2022. These trends might suggest shifts in... Read more
Property Crime Trends in Johnson County, TN Over the Last 5 Years
Johnson County, Tennessee has experienced fluctuating property crime rates over the last five years. From 2018 to 2022, burglary incidents have mostly declined from 16.0 to 12.0. Larceny-theft showed a significant decrease from 28.0 in 2018 to 18.0 in 2022. Motor vehicle theft remained relatively stable at around 6.0 incidents per year. Vandalism saw a notable drop from 15.0 in 2018 to just 4.0 in 2022. Fraud incidents slightly decreased from 7.0 in 2018 and 2021 to 3.0 in 2022. This variability in property crime trends is critical for investors, real estate agents, and residents considering the safety and stability of neighborhoods in Johnson County.
Demographics
Johnson County, Tennessee, presents an intriguing demographic profile that hints at an aging population and varied educational attainment levels. The adult population leans male-heavy, and a significant proportion has a high school diploma or some college education without completing a degree. There's a notable presence of older age groups, suggesting that the area could be attractive to retirees or those in their later working years. When it comes to race, the county is predominantly White,... Read more
Race Distribution in Johnson County, Tennessee (2022)
Educational Attainment in Johnson County, Tennessee (2022)
Age Distribution in Johnson County, Tennessee
Citizen Population in Johnson County, Tennessee (2022)
Political Trends & Data
In Johnson County, Tennessee, real estate trends might be influenced by its strong Republican lean, with over 82% of votes cast for the GOP in the 2020 Presidential Election. This overwhelming preference could impact local property policies, zoning laws, and development projects, potentially making the area more appealing to conservative buyers. With only around 16% of votes for Democrats, liberal policy-driven real estate development may face challenges here. Developers and real estate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Johnson County, Tennessee, the Republican candidate garnered over 82% of the votes in the 2020 U.S. Presidential Election, reflecting a strong lean towards the GOP. Democrats received around 16%, indicating the county's less favorable stance towards liberal policies. Minor parties like the Libertarians and Greens didn't make a significant impact, with others collectively accounting for just over 1%. This suggests a largely two-party system with a notable Republican dominance.
82.91% of voters voted for the Republican party in the 2020 Presidential Election
15.97% of voters voted for the Democrat party in the 2020 Presidential Election
1.12% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Johnson County, Tennessee, the student-to-teacher ratio has generally decreased over the past decade, consistently landing below the national average of 14 students per teacher. This trend is particularly relevant for investors and developers, as smaller class sizes appeal to families seeking quality education. Lower ratios could positively impact property values, making it an attractive point for real estate agents marketing homes. Appraisers and insurance agents might also find this data... Read more
Student-to-teacher ratio in Johnson County, Tennessee over the last 10 years
Over the past decade, the student-to-teacher ratio in Johnson County, Tennessee has generally decreased, showing fluctuations but landing notably below the national average of 14 students per teacher. This trend is particularly relevant for those looking to invest in or build property in the area, as smaller class sizes often appeal to families seeking quality education for their children. Lower ratios might also influence property values positively and could be an attractive point for real estate agents marketing homes. Appraisers and insurance agents might also find this data useful as it can reflect the community's commitment to education, which may impact overall neighborhood desirability and, consequently, market stability and risk factors.
