Macon County Real Estate and Livability Trends
In Macon County, Tennessee, median home values have nearly doubled from $100,700 in 2015 to $185,100 in 2022, suggesting strong market growth potential. Residential energy tax credits peaked in 2017 at $533.33 before stabilizing around $450.00, pointing to a steady interest in energy-efficient home investments. Meanwhile, real estate taxes have risen from approximately $1,282.81 in 2012 to... Read more
Macon County Market Trends
Macon County's real estate market has seen substantial growth, with median home values nearly doubling from $100,700 in 2015 to $185,100 in 2022, outpacing national trends. This surge could indicate a strong potential for market growth. Residential energy tax credits peaked in 2017 at $533.33 before stabilizing around $450.00, suggesting a growing interest in energy-efficient home investments... Read more
Median Value of Occupied Housing Units in Macon County, Tennessee Over the Last 8 Years
Macon County real estate has seen substantial increases over the last eight years, outpacing the national average and mirroring trends in Tennessee. From $100,700 in 2015 to $185,100 in 2022, Macon County's median home value spike is notable, particularly when compared to the national increase from $125,500 to $179,400. This nearly doubling in home value could indicate a burgeoning market potential, making Macon County an intriguing area for investors and new residents relative to broader state and national metrics.
Residential Energy Tax Credit Per Tax Return in Macon County, TN Over the Last 8 Years
Over the past eight years, Macon County, Tennessee has seen fluctuations in the average residential energy tax credit per tax return. The credit peaked in 2017 at $533.33 before dropping in 2019 to $400.00 and gradually rising again to $450.00 by 2021. This trend may indicate shifting homeowner investments in energy-efficient improvements, potentially driven by changing energy costs, available incentives, or economic conditions. For investors, builders, or real estate agents, this can signal a community that's increasingly prioritizing energy efficiency, potentially boosting property values and marketability.
Average Real Estate Taxes Per Tax Return in Macon County, TN Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in Macon County, Tennessee, have seen a noticeable upward trend. Starting at approximately $1,282.81 in 2012, these taxes gradually increased, spiking significantly in 2018 and reaching a high of about $2,520.00 by 2020. This rise likely reflects increased property values and possibly changes in tax rates, which could be vital for potential investors, real estate agents, and financial planners to consider.
Percentage of Farm Returns in Macon County, TN Over the Last 10 Years
Macon County, Tennessee has seen a gradual decline in the percentage of farm tax returns over the last decade, dipping from around 10.98% in 2012 to approximately 7.92% in 2021. Farm tax returns are filings that indicate farm-related income, which can reveal the vitality and extent of agricultural activity in the area. This downward trend could signal a shift away from farming or changes in local agricultural economics. Those considering investing, moving, or developing property here should note the evolving agricultural landscape, which might influence real estate values, local economy stability, and community lifestyle.
Number of Mortgages by Occupancy Type in Macon County, TN Over the Last 5 Years in Macon County
Over the past five years in Macon County, Tennessee, trends indicate a steady dominance of mortgages for Principal Residences, peaking significantly in 2021. There has been a notable decline in Investment Property mortgages and a minimal, albeit fluctuating, presence of Second Residences. These shifts matter because a high volume of Principal Residences could suggest community stability and demand for essential services, potentially driving up property values. Conversely, a downturn in Investment Properties might imply less speculative interest or lower rental market confidence, relevant for investors and real estate agents strategizing market entry. For insurance agents and appraisers, these patterns can influence risk assessments and valuation models.
Economic Outlook
Average taxable income per tax return in Macon County, Tennessee has generally risen over the last nine years, with a particularly sharp increase from $44,784.42 in 2020 to $51,158.10 in 2021, hinting at possible growing economic opportunities or rising wages. Meanwhile, state and local income taxes have shown notable variability, peaking at $4,800.00 in 2015 before mostly stabilizing between $3,900.00 and $4,300.00. Additionally, total tax liabilities per tax return have been on a fluctuating... Read more
Average Taxable Income per Tax Return in Macon County, TN over the last 9 years
Average taxable income per tax return in Macon County, Tennessee has shown a general upward trend over the last nine years, with notable increases particularly after 2016. The most significant jump appears between 2020 and 2021, where average taxable income rose from approximately $44,784.42 to $51,158.10. These figures might suggest growing economic opportunities or rising wages, making Macon County potentially appealing for investors, future residents, and real estate agents. However, the variability in annual growth rates indicates possible economic fluctuations that could be noteworthy for appraisers and insurance agents considering the historical volatility.
Average State and Local Income Taxes Per Tax Return in Macon County, TN Over the Last 6 Years
Macon County, Tennessee has seen fluctuating average state and local income taxes per tax return over the past six years. Investors, appraisers, and insurance agents might find the spike in 2015 to $4800.00 noteworthy, suggesting a temporary increase in income levels or changes in tax policy that year. Other years show moderate variability, staying mostly within the $3900.00 to $4300.00 range, indicating a relatively stable but slightly unpredictable tax environment for new residents or property developers.
Average Total Tax Liability Per Tax Return in Macon County, TN Over the Last 10 Years
Macon County, Tennessee has seen fluctuating, but generally increasing average total tax liabilities per tax return over the past decade. A notable jump occurred in 2016, rising from $4,998.29 in 2015 to $7,358.62, suggesting a potential shift in either economic factors or tax policies. Insurance agents and appraisers might find these trends indicative of changing property values or economic conditions. Real estate agents and potential investors should consider these patterns as they may reflect broader economic health or investment stability in the county.
Cost of Living in Macon County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,036 | $1,303 | $1,911 | $899 | $688 |
| 1 adult 4 children | $1,036 | $1,064 | $1,461 | $899 | $710 |
| 2 adults 3 children | $1,036 | $1,064 | $1,658 | $899 | $526 |
| 1 adult 3 children | $1,036 | $869 | $1,208 | $899 | $510 |
| 2 adults 2 children | $826 | $871 | $1,405 | $820 | $501 |
| 2 adults 1 child | $826 | $689 | $1,153 | $564 | $548 |
| 1 adult 2 children | $826 | $651 | $956 | $820 | $429 |
| 1 adult 1 child | $826 | $445 | $703 | $564 | $453 |
| 2 adults | $628 | $553 | $900 | $0 | $479 |
| 1 adult | $623 | $302 | $450 | $0 | $431 |
Safety trends & Data
Macon County, Tennessee reveals fluctuating property crime trends over the past five years. Burglary incidents nearly doubled in 2021, with 32 cases reported, while larceny-theft saw a five-year peak in 2022 at 92 incidents. Motor vehicle thefts have averaged around 14 per year, maintaining a somewhat steady occurrence. Newly recorded arson cases since 2021 suggest a minimal but present risk, and consistent fraud and vandalism rates imply ongoing concerns for insurance and security... Read more
Property Crime Trends in Macon County, TN Over the Last 5 Years
Macon County, Tennessee has seen a fluctuating pattern in property crimes over the past five years. Notably, 2021 recorded a surge in burglary incidents with 32 reported cases, almost doubling the previous year's figures. Larceny-theft incidents peaked in 2022 with 92 reported cases, the highest in the five-year span. Motor vehicle thefts have remained somewhat consistent, averaging around 14 incidents per year. Arson, introduced in records in 2021, indicates a minimal yet present risk. Patterns reveal that fraud and vandalism remain relatively steady concerns for residents and investors alike, implying potential considerations for insurance and security measures.
Demographics
Macon County, Tennessee reflects a balanced gender population with slightly more females than males. Education-wise, the majority have completed high school or equivalent, with fewer progressing to higher education degrees. The age distribution shows a broad spread across all age groups, though children under 10 are notably more populous, hinting at growing families. The racial composition reveals an overwhelmingly White demographic, with minimal representation from other races. These trends... Read more
Race Distribution in Macon County, Tennessee (2022)
Educational Attainment in Macon County, Tennessee (2022)
Age Distribution in Macon County, Tennessee
Citizen Population in Macon County, Tennessee (2022)
Political Trends & Data
Macon County, Tennessee displays a strong conservative leaning, with around 85% of the 2020 U.S. Presidential Election votes likely going to the Republican candidate. Only about 14% of the votes might have supported the Democratic candidate, indicating a predominantly right-leaning political stance. This could influence local policies and economic priorities, potentially making the area more appealing to like-minded buyers or... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Macon County, Tennessee leaned heavily Republican in the 2020 U.S. Presidential Election, with approximately 85% of the votes likely going to the Republican candidate. The Democratic candidate possibly garnered around 14%, while third-party and other votes were negligible. This trend might suggest an overwhelmingly conservative voter base in the region.
85.34% of voters voted for the Republican party in the 2020 Presidential Election
13.78% of voters voted for the Democrat party in the 2020 Presidential Election
0.89% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Macon County, Tennessee, the student-to-teacher ratio has seen moderate fluctuations, varying from around 14 in 2016 to nearly 17 in 2018 and 2022. This ratio, which is slightly above the national average of 14, could suggest larger class sizes, potentially influencing family decisions prioritizing individualized attention and investors evaluating the local schooling system. High ratios may also impact appraisals and insurance assessments due to perceived effects on community resources and... Read more
Student-to-teacher ratio in Macon County, Tennessee over the last 10 years
The student-to-teacher ratio in Macon County, Tennessee has fluctuated moderately over the past decade, ranging from lows around 14 in 2016 to highs nearing 17 in 2018 and 2022. Generally, the ratio sits slightly above the national average of 14, which may imply larger class sizes compared to other areas. This could affect decisions for families prioritizing more individualized attention, investors considering the attractiveness of the local schooling system, and real estate agents marketing to prospective buyers. High ratios might also influence appraisals and insurance assessments due to potential impacts on community resources and perceived neighborhood appeal.
