Moore County Real Estate and Livability Trends
Moore County, Tennessee has seen median home values surge from $152,500 in 2015 to $256,700 in 2022, outpacing state and national trends, suggesting a hot real estate market. Concurrently, fluctuations in local income taxes and an increased average tax liability per tax return to $9,621.95 in 2021 point towards economic growth but also a growing tax burden. Mortgage activity for primary... Read more
Moore County Market Trends
Median home values in Moore County, Tennessee have climbed from $152,500 in 2015 to $256,700 in 2022, outpacing both state and national growth trends. This spike hints at Moore County's rising appeal for investments and settlements. Meanwhile, the average residential energy tax credit per tax return has dipped from $300.00 in 2013 to $200.00 by 2016, possibly reflecting decreased incentives for... Read more
Median Value of Occupied Housing Units in Moore County, Tennessee Over the Last 8 Years
Over the last eight years, median home values in Moore County, Tennessee have surged from $152,500 in 2015 to $256,700 in 2022. This increase outpaces both the state and national growth trends, with Tennessee climbing from $142,100 to $232,100 and the national median rising from $125,500 to $179,400 in the same period. This growth could be a possible indication of Moore County becoming a more desirable place to invest or settle in.
Residential Energy Tax Credit Per Tax Return in Moore County, TN Over the Last 4 Years
Over the past four years, Moore County, Tennessee has seen a notable decrease in the average residential energy tax credit per tax return, slipping from $300.00 in 2013 to $200.00 by 2016. This decline could potentially indicate diminishing incentives for energy-efficient home improvements, which might affect decisions related to real estate investments, property appraisals, and insurance considerations in the area.
Average Real Estate Taxes Per Tax Return in Moore County, TN Over the Last 10 Years
Moore County, Tennessee has experienced fluctuating real estate taxes over the past decade, with notable increases starting in 2018. Costs jumped from $1,886.49 in 2017 to $2,350.00 in 2018, and saw a significant peak at $3,185.71 in 2019, reflecting potential market growth or policy changes. By 2021, the average real estate tax per return slightly stabilized at around $2,544.44. This trend could suggest an increasing tax burden for homeowners and may influence decisions for potential buyers, investors, and real estate professionals assessing the area's market dynamics.
Percentage of Farm Returns in Moore County, TN Over the Last 10 Years
Over the last decade, farm returns in Moore County, Tennessee, have fluctuated slightly but demonstrated a gradual decline from 12.27% in 2012 to around 10.46% in 2021. This trend may suggest possible challenges in the agricultural sector, potentially impacting decisions for those considering agricultural investments or property development in the area. Farm tax returns are crucial since they impact the financial health and sustainability of the farming community, which can influence land values, local economy, and overall market stability in Moore County.
Number of Mortgages by Occupancy Type in Moore County, TN Over the Last 5 Years in Moore County
Over the last five years, Moore County, Tennessee has seen a notable fluctuation in mortgage counts for different occupancy types. Mortgage activity for principal residences has shown a consistent upward trend, peaking at 440 in 2021 from 262 in 2018. Investment properties and second residences have remained relatively stable, with investment mortgages ranging from 13 to 19 annually and second residences fluctuating between 11 and 25. These shifts are crucial for investors and real estate agents as they indicate a growing demand for primary residences, suggesting potential appreciation in property values and a thriving market. Appraisers and insurance agents might also find these patterns significant for risk assessments and policy pricing, while developers could leverage this data to align their projects with market demands.
Economic Outlook
Moore County, Tennessee has experienced a steady rise in average taxable income per tax return from $51,897.81 in 2013 to $71,600.00 in 2021. This trend suggests an improving job market and rising property values, potentially attractive to investors and property developers. However, fluctuations in the average state and local income taxes per tax return, peaking at $7,900.00 in 2014 and dipping to $3,666.67 in 2017, may impact financial planning for potential investors. The general increase in... Read more
Average Taxable Income per Tax Return in Moore County, TN over the last 9 years
Moore County, Tennessee has seen a consistent rise in average taxable income per tax return over the past nine years. Starting at $51,897.81 in 2013, the income has steadily climbed, reaching $71,600.00 in 2021. This upward trend suggests a favorable economic environment, making it potentially attractive for investors, real estate agents, and property developers. This growth might indicate improving job markets, rising property values, and an overall boost in local financial health, which is crucial for individuals considering moving to or investing in the area.
Average State and Local Income Taxes Per Tax Return in Moore County, TN Over the Last 6 Years
Over the past six years, Moore County, Tennessee has seen considerable fluctuations in its average state and local income taxes per tax return. Starting at $6,500.00 in 2012, there was a peak at $7,900.00 in 2014, followed by a sharp decline to $3,666.67 in 2017. This trend may interest potential investors and property developers, as it highlights the variability in tax liabilities which could impact financial planning and decision-making. Real estate agents and insurance agents alike might find these shifts relevant when advising clients about the fiscal landscape of the area.
Average Total Tax Liability Per Tax Return in Moore County, TN Over the Last 10 Years
Over the past decade, Moore County, Tennessee has seen a general increase in the average total tax liability per tax return, climbing from $6,572.82 in 2012 to $9,621.95 in 2021. Significant jumps were observed between 2016 and 2017, and again between 2019 and 2021, likely reflecting broader economic changes and possible shifts in local income levels. This upward trend may indicate a growing economy and increased earnings, which can attract prospective residents and investors, influencing real estate valuations and insurance premiums in the region.
Cost of Living in Moore County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $992 | $1,387 | $1,970 | $969 | $772 |
| 1 adult 4 children | $992 | $1,133 | $1,508 | $969 | $833 |
| 2 adults 3 children | $992 | $1,133 | $1,709 | $969 | $601 |
| 1 adult 3 children | $992 | $925 | $1,247 | $969 | $617 |
| 2 adults 2 children | $765 | $928 | $1,447 | $858 | $558 |
| 1 adult 2 children | $765 | $693 | $985 | $858 | $469 |
| 2 adults 1 child | $765 | $733 | $1,186 | $500 | $559 |
| 1 adult 1 child | $765 | $474 | $724 | $500 | $454 |
| 2 adults | $607 | $589 | $924 | $0 | $504 |
| 1 adult | $603 | $321 | $462 | $0 | $441 |
Safety trends & Data
Over the past five years, Moore County, Tennessee has experienced varied property crime rates, with burglary peaking at 4.0 per 1,000 residents in 2022. Larceny-theft incidents have notably decreased from 9.0 in 2018 to 2.0 in 2022, while vandalism increased in 2020 but stayed consistent otherwise. Fraud incidents saw a marked decrease, and motor vehicle theft remained relatively low and stable. These fluctuations offer useful insights for investors, property developers, insurance agents, and... Read more
Property Crime Trends in Moore County, TN Over the Last 5 Years
Over the past five years, Moore County, Tennessee has seen fluctuating property crime rates with notable increases and decreases among various offenses. Burglary has varied significantly, peaking at 4.0 in 2022 while remaining relatively low in other years. Larceny-Theft saw a decline from 9.0 in 2018 to 2.0 in 2022. Vandalism incidents increased in 2020 but have remained consistent otherwise. Fraud incidents showed a marked decrease, and Motor Vehicle Theft was relatively low but stable. These trends can provide valuable insights for investors, property developers, insurance agents, and potential residents considering the safety and economic stability of the area.
Demographics
Moore County, Tennessee, shows a nearly even split between male and female adults, with a slight leaning towards females. The age distribution highlights a substantial population in mature age groups, particularly between 55 to 64 years. Educational attainment in the area indicates that the greatest proportion of adults have only completed high school, while higher education degrees are less common. Racial demographics reveal a predominantly White population, with very limited representation... Read more
Race Distribution in Moore County, Tennessee (2022)
Educational Attainment in Moore County, Tennessee (2022)
Age Distribution in Moore County, Tennessee
Citizen Population in Moore County, Tennessee (2022)
Political Trends & Data
In Tennessee's Moore County during the 2020 U.S. Presidential Election, there was a notable preference for the Republican candidate, who likely captured over 81% of the vote. The Democratic candidate, on the other hand, garnered around 16%, with minor third parties and others making up just over 2%. This strong Republican skew offers insights into the county's political climate and might reflect broader regional trends in voter alignment within... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Tennessee's Moore County during the 2020 U.S. Presidential Election, a significant majority of votes likely went to the Republican candidate, capturing over 81% of the vote. The Democratic candidate garnered around 16%, while minor third parties and others accounted for just over 2%. This skew towards Republican preference offers a snapshot of the county's political climate and could be indicative of broader regional trends in voter alignment within Tennessee.
81.60% of voters voted for the Republican party in the 2020 Presidential Election
16.19% of voters voted for the Democrat party in the 2020 Presidential Election
2.20% of voters voted for the Other party in the 2020 Presidential Election
School Data
Moore County, Tennessee has experienced notable fluctuations in its student-to-teacher ratio over the past decade, typically aligning with the national average of 14 students per teacher. Significant dips to 13 students per teacher in 2017 and 2023 might indicate increased hiring or lower enrollment, hinting at shifts in local population dynamics or education funding. Conversely, peaks of around 15 students per teacher from 2019 to 2021 could suggest overcrowding or budget constraints. These... Read more
Student-to-teacher ratio in Moore County, Tennessee over the last 10 years
Moore County, Tennessee has shown fluctuations in its student-to-teacher ratio over the past decade, generally aligning with the national average of 14 students per teacher. Significant dips, such as the 13 students per teacher seen in 2017 and 2023, could suggest periods of increased hiring or lower enrollment, potentially indicating shifts in local population dynamics or educational funding. Meanwhile, peaks around 15 students per teacher, particularly from 2019 to 2021, might reflect overcrowding or budget constraints. For investors, real estate agents, or those looking to move to the area, these changes could affect local school quality perceptions, influencing property values and community appeal.
