Trousdale County Real Estate and Livability Trends
Trousdale County, Tennessee, could be reflecting a strong conservative stance, as seen in the 2020 U.S. Presidential Election where an estimated 74% of the vote possibly went to the Republican candidate. This aligns with trends typically observed in rural regions, hinting at a dominant Republican preference that might influence various local policies and community... Read more
Trousdale County Market Trends
Trousdale County, Tennessee has witnessed a substantial increase in median home values, rising from $129,400 in 2015 to $217,400 in 2022, outpacing the national average. Residential energy tax credits in the county have fluctuated significantly, indicating potential changes in local policies or energy-efficient upgrades. Real estate taxes have also shown an upward trend, peaking at $2,600.00 in... Read more
Median Value of Occupied Housing Units in Trousdale County, Tennessee Over the Last 8 Years
Trousdale County, Tennessee has seen a dramatic rise in median home values over the past eight years, going from $129,400 in 2015 to $217,400 in 2022. Compared to Tennessee's state average, which increased from $142,100 to $232,100 in the same period, Trousdale County is slightly below but showing a similar upward trend. Nationally, home values moved from $125,500 to $179,400, putting Trousdale County's growth above the national average. For investors or potential homeowners, this escalation signals a robust local market that could promise good returns and higher property values.
Residential Energy Tax Credit Per Tax Return in Trousdale County, TN Over the Last 6 Years
Residential energy tax credits in Trousdale County, Tennessee have shown significant variability over the past six years. Starting around $300.00 in 2013, the average per tax return saw a dip in 2014 to $275.00, only to spike sharply to $700.00 in 2015. Following a decline to approximately $333.33 in 2016, there was a period where data may not have been consistently recorded for 2017-2019. By 2020, the value reverted to $300.00, before peaking dramatically at $850.00 in 2021. These fluctuations might suggest evolving policies, changes in energy-efficient improvements made by residents, or varying levels of awareness and claim rates regarding available tax credits. Insight into these trends could be especially valuable for prospective homeowners, appraisers, real estate agents, and other stakeholders interested in understanding the fiscal environment and investment benefits related to energy efficiency in the area.
Average Real Estate Taxes Per Tax Return in Trousdale County, TN Over the Last 10 Years
The real estate taxes per tax return in Trousdale County, Tennessee have seen a noticeable upward trend over the past decade. Beginning at approximately $1,580.49 in 2012, there have been fluctuations, but the overall increase is significant, peaking at $2,600.00 in 2019 before stabilizing slightly around $2,355.56 in 2021. This pattern could suggest a growing demand for property, increased property values, or evolving tax policies, which may be of interest to investors, real estate agents, and prospective homeowners.
Percentage of Farm Returns in Trousdale County, TN Over the Last 10 Years
Farm tax returns in Trousdale County, Tennessee have generally been on a declining trend over the last decade, beginning at 8.80% in 2012 and dipping to as low as 5.39% by 2020 before experiencing a slight uptick to 5.53% in 2021. These returns factor in agricultural income, essentially the gains that farms report for tax purposes, and reflect the economic vitality of the farming sector. Investors and property developers might view this downward trajectory as indicative of a shifting economic landscape, potentially signaling lower agricultural activity or profitability. Residents and those considering moving to the area should weigh these trends when assessing long-term economic stability and growth possibilities.
Number of Mortgages by Occupancy Type in Trousdale County, TN Over the Last 5 Years in Trousdale County
Trousdale County, Tennessee has seen a steady dominance of mortgages for Principal Residences, with numbers peaking in 2021 at 771. Investment properties have maintained a relatively stable count around the high 20s to low 30s. Second Residence mortgages indicate minimal activity. Trends in occupancy types are crucial as they influence local market dynamics, from appraisals and insurance underwriting to potential return on investment for builders and investors.VRTX agents might note that the strong demand for Principal Residences points to a healthy, attractive living environment, while consistent interest in Investment Properties suggests stable rental income opportunities.
Economic Outlook
Average taxable income per tax return in Trousdale County, Tennessee has risen from about $38,668.93 in 2013 to $59,639.77 in 2021, despite a dip to roughly $46,261.18 in 2020. State and local income taxes have fluctuated, rising notably from $3,333.33 in 2016 to $4,900.00 in 2017, suggesting potential policy changes. Total tax liability has shown a general increase from $5,279.25 in 2012 to $8,368.68 in 2021, reflecting economic growth. These trends might indicate increasing property values... Read more
Average Taxable Income per Tax Return in Trousdale County, TN over the last 9 years
Over the past nine years, average taxable income per tax return in Trousdale County, Tennessee has shown an upward trend, increasing from approximately $38,668.93 in 2013 to around $59,639.77 in 2021. There was a noticeable dip in 2020, dropping to roughly $46,261.18, which may coincide with broader economic challenges of that time. Nonetheless, the overall growth in taxable income could be indicative of economic development in the area, making it potentially attractive for investors and those considering relocating to the county.
Average State and Local Income Taxes Per Tax Return in Trousdale County, TN Over the Last 3 Years
Over the last three years in Trousdale County, Tennessee, average state and local income taxes per tax return have shown notable fluctuations. The amount collected per return decreased slightly from $3,400.00 in 2014 to approximately $3,333.33 in 2016, followed by a sharp increase to $4,900.00 in 2017. This data suggests potential volatility or recent changes in tax policies, which might be essential for appraisers, real estate agents, and investors evaluating the area for income stability and planning.
Average Total Tax Liability Per Tax Return in Trousdale County, TN Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Trousdale County, Tennessee has exhibited a general upward trend, reflecting some significant fluctuations along the way. Starting at $5,279.25 in 2012, there was a steady increase, peaking dramatically at $8,368.68 in 2021. Notable spikes occurred particularly between 2016 and 2017, and again in the last recorded year. This progression suggests a growing economic landscape that might interest both potential investors and residents. Real estate agents and appraisers could find these trends indicative of increasing property values, while insurance agents might see implications for rising premiums. For those looking to build or move, this context underscores shifting financial commitments within the county.
Cost of Living in Trousdale County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $995 | $1,299 | $1,850 | $899 | $723 |
| 1 adult 4 children | $995 | $1,061 | $1,414 | $899 | $761 |
| 2 adults 3 children | $995 | $1,061 | $1,605 | $899 | $555 |
| 1 adult 3 children | $995 | $866 | $1,169 | $899 | $557 |
| 2 adults 2 children | $796 | $869 | $1,361 | $820 | $534 |
| 2 adults 1 child | $796 | $687 | $1,116 | $564 | $579 |
| 1 adult 2 children | $796 | $649 | $925 | $820 | $472 |
| 1 adult 1 child | $796 | $443 | $680 | $564 | $483 |
| 2 adults | $705 | $552 | $872 | $0 | $534 |
| 1 adult | $690 | $301 | $436 | $0 | $460 |
Safety trends & Data
Trousdale County, Tennessee has seen some dynamic shifts in property crime patterns over the last five years. Notably, burglary cases spiked in 2022 with 14 incidents, up from one in 2020 and three in 2021. Fraud-related crimes have declined, dropping from 41 cases in 2018 to 13 in 2022. Larceny-theft remains a persistent issue, peaking at 20 incidents in 2018 and fluctuating between 9 to 16 cases annually. Vandalism rates, however, have been relatively stable, ranging from 2 to 8 cases each... Read more
Property Crime Trends in Trousdale County, TN Over the Last 5 Years
Trousdale County, Tennessee has experienced shifting property crime patterns over the last five years. The most striking shift is in burglary cases, which spiked in 2022 with 14 incidents, compared to just one in 2020 and three in 2021. On the other hand, fraud-related crimes saw a notable decline, from 41 cases in 2018 to 13 in 2022. Larceny-theft consistently remains a common issue, though it peaked in 2018 with 20 incidents and slightly fluctuated between 9 to 16 in the following years. Interestingly, vandalism rates have stayed relatively stable, ranging between 2 to 8 cases annually. These trends suggest a dynamic crime landscape that property investors and residents should monitor closely.
Demographics
The demographic profile of Trousdale County, Tennessee, reflects intriguing patterns. The male population significantly outnumbers the female population. When it comes to education, a substantial portion of residents are high school graduates, yet lower numbers venture into higher education. Age distribution shows a notably large young adult and middle-aged population, hinting at potential workforce dynamics. Racial composition is predominantly White, with smaller Black or African American... Read more
Race Distribution in Trousdale County, Tennessee (2022)
Educational Attainment in Trousdale County, Tennessee (2022)
Age Distribution in Trousdale County, Tennessee
Citizen Population in Trousdale County, Tennessee (2022)
Political Trends & Data
Trousdale County, Tennessee, likely showcased a strong Republican preference in the 2020 U.S. Presidential Election, with an estimated 74% of the vote possibly going to the Republican candidate and about 25% to the Democratic candidate. This voting behavior might reflect a dominant conservative presence in the county, aligning with trends commonly observed in more rural areas of the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Trousdale County, Tennessee, leaned heavily Republican in the 2020 U.S. Presidential Election, with nearly 74% of the vote possibly going to the Republican candidate. The Democratic candidate may have garnered around 25%, and minor parties seemed to have little to no impact. This voting pattern could suggest a strong conservative presence in the county, reflecting broader trends often seen in rural areas of the state.
73.44% of voters voted for the Republican party in the 2020 Presidential Election
25.31% of voters voted for the Democrat party in the 2020 Presidential Election
1.25% of voters voted for the Other party in the 2020 Presidential Election
School Data
Trousdale County, Tennessee has seen its student-to-teacher ratio fluctuate between 14 and 16.5 over the past decade, usually hovering above the national average of 14. This trend could be relevant for investors and real estate agents, as larger class sizes might suggest a need for more educational resources or policy changes to recruit more teachers, ultimately impacting the local real estate market and community... Read more
Student-to-teacher ratio in Trousdale County, Tennessee over the last 10 years
Over the past decade, Trousdale County, Tennessee has experienced a fluctuating student-to-teacher ratio, beginning at 14 in 2014 and peaking at around 16.5 in 2020. This ratio has consistently hovered slightly above the national average of 14 students per teacher. Changes in the student-to-teacher ratio might matter for potential investors, real estate agents, and residents as it often reflects class sizes, which can impact the perceived quality of education. Larger ratios could suggest the need for more educational resources or potentially drive policies for recruitment efforts aimed at reducing class sizes to improve educational outcomes.
