Stewart County Real Estate and Livability Trends
Stewart County, Tennessee has showcased a notable rise in average taxable income per tax return, climbing from around $42,606.67 in 2013 to approximately $56,744.33 by 2021. This upward trajectory suggests an emerging middle class, potentially drawing investor attention. Median home values have also experienced significant jumps, moving from $123,100 in 2015 to $163,700 by 2022, which may... Read more
Stewart County Market Trends
Over the last eight years, Stewart County, Tennessee, has experienced volatile fluctuations in median home values, starting at $123,100 in 2015 and jumping to $163,700 by 2022. This unpredictability, compared to more steady state and national trends, suggests potential for both risks and rewards for investors. Residential energy tax credits have seen dramatic jumps, especially from $550.00 in... Read more
Median Value of Occupied Housing Units in Stewart County, Tennessee Over the Last 8 Years
Over the last eight years, Stewart County, Tennessee, has seen its median home values fluctuate before a substantial rise in recent years. Starting at $123,100 in 2015 and dipping slightly by 2019, the median value surged to $163,700 by 2022. Compared to Tennessee's state trend, which rose steadily from $142,100 in 2015 to $232,100 in 2022, and the national trend, moving from $125,500 in 2015 to $179,400 in 2022, Stewart County's growth has been more volatile but still indicates a promising investment potential for those looking into the region.
Residential Energy Tax Credit Per Tax Return in Stewart County, TN Over the Last 8 Years
Stewart County, Tennessee has experienced fluctuating yet insightful trends in residential energy tax credits over the last eight years. While there was a dip to $291.67 in 2016, the tax credits peaked dramatically to $550.00 in 2017 and saw an even more significant rise to $1,550.00 in 2021. This could suggest a growing investment in energy efficiency among homeowners, which might be appealing for eco-conscious investors or property developers. These fluctuations in tax credits reflect potentially broader economic or policy changes that could influence future property values and insurance costs. Real estate agents could leverage this data to highlight possible savings in energy costs to prospective buyers.
Average Real Estate Taxes Per Tax Return in Stewart County, TN Over the Last 10 Years
Real estate taxes in Stewart County, Tennessee, have shown notable fluctuation over the past decade. Starting at around $1,439.73 in 2012, there was a steady increase, peaking dramatically at $3,109.09 in 2020 before dropping to $2,440.00 in 2021. This volatility could impact decisions for potential investors and property owners, raising questions about future tax stability and the financial landscape of real estate in the county. Those considering building or buying property here should closely monitor these trends, as substantial shifts in tax rates are likely to influence overall costs and investment returns.
Percentage of Farm Returns in Stewart County, TN Over the Last 10 Years
Stewart County, Tennessee has seen a general decline in the percentage of farm tax returns over the past decade, starting at around 6.81% in 2012 and dropping to approximately 4.98% in 2021. Farm tax returns reflect the financial health and activity level of agricultural operations, which can be essential for prospective investors, property developers, and those considering moving to the area. This trend might suggest shifts in the local economy, possibly indicating a move away from agriculture towards other industries. Such data points can be pivotal for making informed decisions about investments and understanding the county's economic landscape.
Number of Mortgages by Occupancy Type in Stewart County, TN Over the Last 5 Years in Stewart County
Over the last five years, Stewart County, Tennessee has seen notable fluctuations in mortgage counts across different occupancy types. The majority of mortgages are for principal residences, peaking in 2021 at 865 and dipping slightly to 722 in 2022. Investment property mortgages have gradually risen from 18 in 2018 to 38 in 2022, while second residences remain minimal but stable. These shifts can influence local real estate markets and economic planning. For investors, the steady rise in investment property mortgages could indicate a growing interest in rental opportunities, potentially driving property values. For homeowners and appraisers, the strong demand for principal residences reflects a stable housing market, crucial for accurate appraisals and insurance valuations. Real estate agents might find these trends useful for targeting their marketing efforts and advising clients on market conditions.
Economic Outlook
In Stewart County, Tennessee, the average taxable income per tax return has seen consistent growth over the past nine years, rising from around $42,606.67 in 2013 to approximately $56,744.33 by 2021. This upward trend points to a burgeoning middle class and might entice potential investors and real estate professionals considering new developments. Meanwhile, fluctuating state and local income taxes, peaking at $4,125.00 in 2017, add a layer of economic unpredictability. Additionally, the... Read more
Average Taxable Income per Tax Return in Stewart County, TN over the last 9 years
Over the past nine years, Stewart County, Tennessee has seen a notable upward trend in the average taxable income per tax return, reflecting perhaps the region's increasing economic vitality. Starting at approximately $42,606.67 in 2013, it has steadily climbed to approximately $56,744.33 by 2021. This growth might be appealing for potential investors, real estate agents, and developers eyeing new opportunities in this area. Higher average incomes can indicate an expanding middle class, which generally supports stable real estate markets and may prompt further residential and commercial development. For insurance agents and appraisers, these trends could suggest rising property values and shifting demographics that warrant close attention.
Average State and Local Income Taxes Per Tax Return in Stewart County, TN Over the Last 6 Years
Over the past six years, Stewart County, Tennessee has seen a fluctuating trend in average state and local income taxes per tax return. Beginning at $2,900.00 in 2012, there was a peak of $4,125.00 in 2017 with a notable dip to $3,400.00 in 2015. Investors and real estate agents might find these insights useful for predicting the economic climate, while appraisers and insurance agents can consider these variations for risk assessment. The steady increase hints at economic growth, though the fluctuations suggest some unpredictability.
Average Total Tax Liability Per Tax Return in Stewart County, TN Over the Last 10 Years
Over the past decade, Stewart County, Tennessee has seen an upward trend in average total tax liability per tax return, peaking at $7,428.84 in 2021. This gradual increase reflects the county's economic growth and potentially rising income levels. Such data can make Stewart County appealing for investors and real estate agents due to signposts of increasing affluence. Those looking to move there might need to prepare for higher tax liabilities, while appraisers and insurance agents should consider this trend when evaluating property values and risks.
Cost of Living in Stewart County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,007 | $1,516 | $2,007 | $899 | $795 |
| 1 adult 4 children | $1,007 | $1,238 | $1,536 | $899 | $849 |
| 2 adults 3 children | $1,007 | $1,239 | $1,741 | $899 | $612 |
| 1 adult 3 children | $1,007 | $1,011 | $1,270 | $899 | $598 |
| 2 adults 2 children | $768 | $1,014 | $1,475 | $820 | $551 |
| 2 adults 1 child | $768 | $801 | $1,209 | $564 | $584 |
| 1 adult 2 children | $768 | $757 | $1,004 | $820 | $471 |
| 1 adult 1 child | $768 | $518 | $738 | $564 | $472 |
| 2 adults | $604 | $644 | $944 | $0 | $511 |
| 1 adult | $542 | $351 | $472 | $0 | $428 |
Safety trends & Data
Over the last five years, Stewart County, Tennessee has seen fluctuating property crime trends. Incidents of burglary spiked at 14 in 2021 but dropped to 5 in 2022. Larceny-theft arrests hit a high of 16 in 2019 but tapered to 8 by 2022. Motor vehicle theft had minor shifts, peaking at 8 arrests in 2019 and staying low at 3 by 2022. Fraud and vandalism cases showed no clear trend but consistently maintained a moderate presence. This volatility hints at a dynamic real estate environment, urging... Read more
Property Crime Trends in Stewart County, TN Over the Last 5 Years
Over the last five years, Stewart County, Tennessee has exhibited fluctuating property crime trends, with notable variances across categories. Incidents of burglary saw peaks and troughs, spiking at 14 in 2021 but dropping to just 5 in 2022. Larceny-theft arrests peaked in 2019 at 16 but tapered down to 8 by 2022. Meanwhile, motor vehicle theft showed relative stability with minor shifts, peaking at 8 arrests in 2019 and remaining low at 3 by 2022. Cases of fraud and vandalism showed no clear trend but maintained a moderate presence, reflecting underlying consistencies in these crime areas. This volatility suggests a dynamic environment for real estate and investment, urging stakeholders to stay vigilant regarding local crime patterns.
Demographics
Stewart County, Tennessee, exhibits a slight predominance of females over males in the adult population, highlighting a balanced gender distribution. The educational attainment data suggest that a substantial portion of the population holds a high school diploma, with a noticeable number having pursued higher education. The age distribution indicates a significant elderly population, especially those aged 55 and over, which may reflect a trend toward an aging community. When it comes to racial... Read more
Race Distribution in Stewart County, Tennessee (2022)
Educational Attainment in Stewart County, Tennessee (2022)
Age Distribution in Stewart County, Tennessee
Citizen Population in Stewart County, Tennessee (2022)
Political Trends & Data
Stewart County, Tennessee, leaned heavily Republican in the 2020 U.S. Presidential Election, with Republicans capturing roughly 79% of the vote. Democrats secured nearly 20%, and minor parties and independents garnered a minimal share. This could possibly mirror broader political trends in rural Tennessee... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Stewart County, Tennessee, the 2020 U.S. Presidential Election results leaned heavily Republican, with around 79% of the vote. Democrats garnered nearly 20%, while minor parties and independents captured a small fraction. This trend could potentially reflect broader political tendencies in rural areas of Tennessee.
78.62% of voters voted for the Republican party in the 2020 Presidential Election
19.57% of voters voted for the Democrat party in the 2020 Presidential Election
1.81% of voters voted for the Other party in the 2020 Presidential Election
School Data
Stewart County, Tennessee, has seen its student-to-teacher ratio fluctuate between 18.8 in 2015 and a low of 16.59 in 2023, consistently higher than the national average of 14. Larger classroom sizes could influence individual student attention, educational outcomes, and potentially property values. For anyone considering investing, moving, or evaluating homes in the area, these education metrics suggest a critical point for monitoring, impacting everything from property desirability to... Read more
Student-to-teacher ratio in Stewart County, Tennessee over the last 10 years
Stewart County, Tennessee, has experienced fluctuations in its student-to-teacher ratio over the past decade, oscillating between a high of 18.8 in 2015 and a low of 16.59 in 2023. This ratio consistently sits above the national average of 14 students per teacher, hinting at larger classroom sizes that could impact individual student attention and educational outcomes. For potential investors, real estate agents, or those planning to move to the area, these figures suggest a need for continued monitoring of educational infrastructure, which can influence property values and community satisfaction. Appraisers and insurance agents might also consider these metrics when evaluating local school quality, as it can indirectly affect property desirability and risk assessments.
