Perry County Real Estate and Livability Trends
Perry County, Tennessee, has seen a steady increase in average taxable income, growing from $39,153.51 in 2013 to $54,875.00 in 2021, suggesting possibly improved job prospects and wage growth. Average home values have risen from $79,900 in 2015 to $122,900 in 2022, though still below state and national levels, providing affordable opportunities for buyers and investors. Notable year-to-year... Read more
Perry County Market Trends
Perry County, Tennessee's housing market has witnessed a notable increase in median home values, climbing from $79,900 in 2015 to $122,900 in 2022, although this remains below state and national levels. Its affordability could make it attractive for potential buyers. Residential energy tax credits have doubled, suggesting growing interest in sustainable home improvements, which might appeal to... Read more
Median Value of Occupied Housing Units in Perry County, Tennessee Over the Last 8 Years
Perry County, Tennessee has seen its median home values rise from $79,900 in 2015 to $122,900 in 2022. This growth, while robust, still falls below both the state and national figures. In contrast, Tennessee's median home values surged from $142,100 in 2015 to $232,100 in 2022, and national values went from $125,500 to $179,400 over the same period. The relative affordability in Perry County could be appealing for those looking to invest or relocate, offering a cost-effective alternative in an era of rising housing prices across more urbanized and developed areas.
Residential Energy Tax Credit Per Tax Return in Perry County, TN Over the Last 5 Years
Perry County, Tennessee has seen a noticeable increase in residential energy tax credits over recent years, suggesting a growing trend towards energy-efficient home improvements. From 2013 to 2021, the average credit per tax return has swelled from $250.00 to $500.00, indicating heightened homeowner investment in sustainable energy. Such data could imply potential energy cost savings for residents and might be a positive signal for insurance agents, real estate investors, and property developers evaluating the attractiveness of the region.
Average Real Estate Taxes Per Tax Return in Perry County, TN Over the Last 10 Years
Real estate taxes per tax return in Perry County, Tennessee, have shown significant fluctuations over the past decade. From $1,336.00 in 2012, the amount dropped to $1,240.00 by 2013, and continued a slight decline to $1,220.00 in 2014. A notable increase began in 2016, peaking sharply in 2018 with an average of $1,940.00, before dipping to $1,480.00 in 2019. The trend climbed again to $1,840.00 in 2020 and stood close at $1,820.00 in 2021. This variability may suggest a period of economic shifts or changes in property valuations and could serve as an insightful consideration for those looking to invest or evaluate properties in the area.
Percentage of Farm Returns in Perry County, TN Over the Last 10 Years
The percentage of farm tax returns in Perry County, Tennessee has seen a noticeable decline over the last decade, starting from 7.72% in 2012 and dropping to 6.15% by 2021. This dip could suggest a potential decrease in agricultural activity or a shift toward other forms of employment and investment within the county. For investors, developers, and those considering relocation, this trend might imply evolving economic conditions and an opportunity to explore investments beyond traditional farming. Understanding farm tax returns, essentially the proportion of tax filings attributed to agricultural income, provides valuable insight into the region's economic fabric.
Number of Mortgages by Occupancy Type in Perry County, TN Over the Last 5 Years in Perry County
In Perry County, Tennessee, over the past five years, we've seen a steady dominance of principal residence mortgages, with numbers peaking at 258 in 2021. Second residence and investment property mortgages have remained relatively stable, albeit lower in count. These trends are important for investors and builders to note as they indicate a strong demand for primary homes, suggesting a growing local population or a preference for long-term residency. Additionally, appraisers and insurance agents might find this data critical for evaluating property values and risk assessments. For real estate agents, focusing on primary residences could offer more opportunities given the consistent interest in this type of occupancy.
Economic Outlook
Perry County, Tennessee, has experienced a steady increase in average taxable income per tax return, growing from $39,153.51 in 2013 to $54,875.00 in 2021. This economic uplift might intrigue investors and real estate agents, hinting at improving job prospects and wage growth. Fluctuations in state and local income taxes, peaking at $4,383.33 in 2016, suggest shifts in the economic environment that could influence long-term financial planning. Additionally, the notable rise in average total tax... Read more
Average Taxable Income per Tax Return in Perry County, TN over the last 9 years
Over the last nine years, Perry County, Tennessee has seen a generally upward trend in the average taxable income per tax return. Starting at $39,153.51 in 2013, the figure has steadily climbed, reaching $54,875.00 in 2021. This growth indicates potential economic improvements, which could interest investors and real estate agents. For those considering moving to Perry County, this trend might signify better job opportunities and wage growth. Appraisers and insurance agents can note these higher incomes when assessing property values and risk profiles.
Average State and Local Income Taxes Per Tax Return in Perry County, TN Over the Last 6 Years
Perry County, Tennessee has seen fluctuations in average state and local income taxes per tax return over the past six years, ranging from $3,025.00 in 2012 to a high of $4,383.33 in 2016. These variations might suggest a changing economic landscape or shifts in tax policies, which could impact investment decisions and long-term financial planning for residents, property developers, and real estate agents. Appraisers and insurance agents should also consider these trends when evaluating property values and insurance premiums.
Average Total Tax Liability Per Tax Return in Perry County, TN Over the Last 10 Years
Over the last decade, Perry County, Tennessee, has seen notable fluctuations in average total tax liability per tax return, with a significant rise to $8,339.45 in 2021 from a low of $5,096.50 in 2012. This increasing trend, particularly the sharp spike in 2021, may attract the interest of potential investors and appraisers looking to gauge economic growth and property value appreciation in the area. These changes also offer critical insights for real estate agents and those considering moving to Perry County, suggesting potential shifts in the local economic landscape.
Cost of Living in Perry County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $963 | $1,424 | $1,970 | $969 | $754 |
| 1 adult 4 children | $963 | $1,163 | $1,508 | $969 | $782 |
| 2 adults 3 children | $963 | $1,163 | $1,709 | $969 | $569 |
| 1 adult 3 children | $963 | $949 | $1,247 | $969 | $561 |
| 2 adults 2 children | $759 | $952 | $1,447 | $858 | $531 |
| 1 adult 2 children | $759 | $711 | $985 | $858 | $452 |
| 2 adults 1 child | $759 | $752 | $1,186 | $500 | $546 |
| 1 adult 1 child | $759 | $486 | $724 | $500 | $439 |
| 2 adults | $577 | $604 | $924 | $0 | $485 |
| 1 adult | $573 | $330 | $462 | $0 | $423 |
Safety trends & Data
Property crime trends in Perry County, Tennessee show notable fluctuations over the past five years, particularly with a spike in larceny-theft cases peaking in 2019 at 7.00 and decreasing to 1.00 by 2022. Burglary incidents have seen minor changes, starting at 4.00 in 2018 and dropping to 3.00 in 2020. Emerging crime categories like motor vehicle theft and vandalism are generally low, with peaks at 2.00 and 4.00 respectively. For investors, real estate agents, and property appraisers, these... Read more
Property Crime Trends in Perry County, TN Over the Last 5 Years
Property crime trends in Perry County, Tennessee over the last five years display variations, with a notable spike in larceny-theft cases peaking in 2019 at a value of 7.00 and declining to 1.00 by 2022. Burglary instances remained relatively steady with minor fluctuations, beginning at 4.00 in 2018 and dipping to 3.00 in 2020. Emerging crime categories like motor vehicle theft and vandalism have shown sporadic occurrences but are generally low in values, peaking at 2.00 and 4.00 respectively. For investors, real estate agents, and property appraisers, understanding these nuanced shifts in crime data can inform better risk assessments and strategic decisions.
Demographics
In Perry County, Tennessee, the adult population shows a fairly balanced gender distribution with slightly more males. Educational attainment indicates a high proportion of high school graduates, with smaller segments having college or higher degrees. Age-wise, the population is well represented across all age groups, with notable numbers of residents in both younger (<10 years) and older (55+ years) brackets. The racial composition is predominantly White, with minimal representation from other... Read more
Race Distribution in Perry County, Tennessee (2022)
Educational Attainment in Perry County, Tennessee (2022)
Age Distribution in Perry County, Tennessee
Citizen Population in Perry County, Tennessee (2022)
Political Trends & Data
Perry County, Tennessee, showed a notable preference for Republican candidates during the 2020 U.S. Presidential Election, with over 80% of ballots cast for the GOP. Democratic support was significantly lower at around 18%, and votes for third-party candidates were nearly negligible. This voting pattern may hint at a predominantly conservative voter base or a lack of political diversity in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Perry County, Tennessee, exhibited a significant lean towards Republicans in the 2020 U.S. Presidential Election, with over 80% of voters casting their ballots for the GOP candidate. Democratic support was considerably lower, hovering around 18%. Votes for third parties or other candidates were minimal, suggesting a strong two-party preference in this region. This trend might indicate a predominantly conservative voter base or limited political diversity within the county.
80.95% of voters voted for the Republican party in the 2020 Presidential Election
17.94% of voters voted for the Democrat party in the 2020 Presidential Election
1.11% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Perry County, Tennessee has seen notable changes over the past decade, peaking around 18 students per teacher in 2020 and 2023, compared to a national average of 14. This can impact classroom dynamics and educational quality, a critical factor for real estate agents and homebuyers, as the quality of local schools can often influence property values and neighborhood... Read more
Student-to-teacher ratio in Perry County, Tennessee over the last 10 years
Over the past decade, the student-to-teacher ratio in Perry County, Tennessee has experienced significant fluctuations, particularly in 2020 and 2023 when it spiked to approximately 18 students per teacher, well above the national average of 14. This likely impacts classroom dynamics and educational quality, making it essential for parents, educators, and policymakers to consider when planning future investments in education. Real estate agents and prospective homebuyers should also take note, as the quality of local schools can significantly influence property values and neighborhood desirability.
