Warren County Real Estate and Livability Trends
Warren County, Tennessee, has seen a notable surge in median home values, climbing from $97,700 in 2015 to $149,700 in 2022. This growth, while still below the state average of $232,100, indicates strong local demand and potential for further appreciation. Residential energy tax credits have also significantly increased, reflecting a rising interest in energy-efficient home improvements.... Read more
Warren County Market Trends
Warren County, Tennessee's real estate market has experienced a noteworthy increase in median home values, jumping from $97,700 in 2015 to $149,700 in 2022. Although still lower than Tennessee's state average of $232,100, this growth reflects a strong local demand and could signal further appreciation. Residential energy tax credits have also risen sharply, from $289.66 in 2013 to $585.00 in... Read more
Median Value of Occupied Housing Units in Warren County, Tennessee Over the Last 8 Years
Warren County, Tennessee, has seen a significant uptick in median home values over the past eight years, mirroring broader state and national trends but starting from a lower base. Values grew from $97,700 in 2015 to $149,700 in 2022, reflecting a local annualized growth rate that could appeal to investors looking for emerging markets. While Warren County’s median value still falls below both Tennessee’s state average of $232,100 and the national average of $179,400 in 2022, the sharp increase suggests robust local demand and potential for continued appreciation. This trend might interest those considering moving to or investing in more affordable yet rapidly appreciating areas within Tennessee.
Residential Energy Tax Credit Per Tax Return in Warren County, TN Over the Last 8 Years
Residential energy tax credits in Warren County, Tennessee exhibit an intriguing upward trajectory over the past eight years, with values peaking notably in recent years. Starting from $289.66 in 2013, the credits saw a sharp increase, reaching $562.50 in 2019 and $585.00 in 2021. This trend could be indicative of growing investments in energy-efficient home improvements, possibly driven by heightened awareness of sustainability or incentives for greener living. For investors, builders, and insurance agents, this could signify a shifting market focus towards energy efficiency that may influence property value and appeal. Real estate agents might note these improvements as a selling point in a locality increasingly attuned to eco-friendly living.
Average Real Estate Taxes Per Tax Return in Warren County, TN Over the Last 10 Years
Over the last decade, Warren County, Tennessee has seen a notable rise in real estate taxes per tax return. Starting from approximately $1,357.79 in 2012, the amount has nearly doubled, reaching around $2,965.22 by 2021. This uptick may suggest increasing property values or changes in tax rates, both of which are crucial factors for potential investors and those planning to move to the area. Real estate agents, insurance agents, and developers should particularly pay attention to these tax trends when evaluating the financial landscape of Warren County.
Percentage of Farm Returns in Warren County, TN Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Warren County, Tennessee has shown a general decline from approximately 7.48% in 2012 to about 5.97% in 2021. Farm tax returns are tax documents filed by those owning or operating farms, reporting their income and expenses. These numbers may indicate a possible decrease in farming activity or a shift in the economic focus of the area. For prospective investors, property developers, or individuals interested in the county, this trend might suggest evaluating alternative sectors or considering how agricultural changes could impact property values and community resources.
Number of Mortgages by Occupancy Type in Warren County, TN Over the Last 5 Years in Warren County
Warren County, Tennessee has seen fluctuating trends in mortgage counts for different occupancy types over the past five years. Principal residences account for the majority of mortgages, peaking in 2021 with 1,964 mortgages. In contrast, investment properties and second residences have much lower and less consistent mortgage counts, notable in 2021 and 2019, respectively. This data could imply a persistent demand for primary homes, affecting house prices, rental yields, and development opportunities. Understanding these occupancy trends helps investors identify profitable ventures, appraisers estimate property values accurately, and insurance agents assess risk effectively. Real estate agents and prospective buyers can also leverage these insights to make informed decisions.
Economic Outlook
In Warren County, Tennessee, the average taxable income per tax return has shown an upward trajectory, rising from $37,078.18 in 2013 to $51,315.43 in 2021, suggesting favorable economic conditions and increased earning potential. Meanwhile, state and local income taxes experienced notable year-to-year fluctuations but have generally trended upwards, reaching $6,666.67 in recent years. Additionally, the average total tax liability has also risen, from $5,151.45 in 2012 to $7,048.11 in 2021,... Read more
Average Taxable Income per Tax Return in Warren County, TN over the last 9 years
Over the past nine years, Warren County, Tennessee has shown a steady increase in average taxable income per tax return, surging from $37,078.18 in 2013 to a significant $51,315.43 in 2021. The upward trend, especially sharp between 2020 and 2021, could indicate favorable economic conditions and greater earning potential. For potential residents, investors, and real estate professionals, this trend could suggest a stable or appreciating local economy, making the area potentially attractive for relocation or investment opportunities.
Average State and Local Income Taxes Per Tax Return in Warren County, TN Over the Last 9 Years
Over the last nine years, average state and local income taxes per tax return in Warren County, Tennessee have seen considerable fluctuations. Starting from $4,960.00 in 2012, the amount dipped to $4,618.18 the following year before peaking at $6,772.73 in 2017. The recent years have shown a steady rise, maintaining $6,666.67 from 2020 to 2021. This information could be instrumental for potential investors, appraisers, and real estate agents looking to gauge the economic climate in the county, as well as for residents and businesses planning their financial moves.
Average Total Tax Liability Per Tax Return in Warren County, TN Over the Last 10 Years
The average total tax liability per tax return in Warren County, Tennessee has generally increased over the past decade. With figures rising from $5,151.45 in 2012 to a notable $7,048.11 by 2021, the trend suggests a gradual but steady growth, indicative of potential increases in income levels or shifts in tax policies. Notably, 2018 and 2019 saw slight dips which could prompt further investigation into local economic conditions or tax code changes during those years. By 2021, the marked rise might interest investors and real estate agents considering the area for its economic growth potential, while insurance agents and appraisers may find the trend relevant for risk assessments and property valuations.
Cost of Living in Warren County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $956 | $1,339 | $1,874 | $969 | $674 |
| 1 adult 4 children | $956 | $1,094 | $1,434 | $969 | $691 |
| 2 adults 3 children | $956 | $1,094 | $1,625 | $969 | $514 |
| 1 adult 3 children | $956 | $893 | $1,185 | $969 | $493 |
| 2 adults 2 children | $780 | $896 | $1,377 | $858 | $492 |
| 1 adult 2 children | $780 | $669 | $937 | $858 | $417 |
| 2 adults 1 child | $780 | $708 | $1,129 | $500 | $516 |
| 1 adult 1 child | $780 | $457 | $689 | $500 | $421 |
| 2 adults | $593 | $569 | $880 | $0 | $464 |
| 1 adult | $589 | $310 | $440 | $0 | $415 |
Safety trends & Data
Property crime trends in Warren County, Tennessee, have seen some notable shifts over the past five years. Larceny-theft remains the most frequent crime, with a peak of 190.00 incidents in 2019. Burglary rates are seemingly on a steep decline, dropping from 38.00 incidents in 2018 to just 14.00 in 2022. Interestingly, vandalism rates appear to be on the rise, with a spike to 51.00 cases in 2021. Embezzlement and arson show relatively lower frequencies but slight yearly variations. These... Read more
Property Crime Trends in Warren County, TN Over the Last 5 Years
Over the last five years in Warren County, Tennessee, property crime trends show fluctuations across various categories. Larceny-Theft consistently remains the most common crime, peaking at 190.00 incidents in 2019 and 186.00 in 2020. Burglary rates appear to be on a decline, dropping from 38.00 incidents in 2018 to 14.00 in 2022. Meanwhile, vandalism incidents have seen an increase, especially notable in 2021 with 51.00 cases. Embezzlement and arson have relatively lower frequencies but indicate slight variations year over year. These trends could suggest shifting focuses for law enforcement and local governance, and potentially impact property insurance rates and investment decisions for the area.
Demographics
Warren County, Tennessee exhibits a roughly balanced gender split with a slight predominance of females. Educational attainment data could suggest a workforce largely equipped with high school education, with fewer holding degrees beyond that level. The age distribution implies a stable population across different age groups, with a noticeable number of residents aged 55 and above possibly indicating a community with a significant senior demographic. Racial demographics show a predominantly... Read more
Race Distribution in Warren County, Tennessee (2022)
Educational Attainment in Warren County, Tennessee (2022)
Age Distribution in Warren County, Tennessee
Citizen Population in Warren County, Tennessee (2022)
Political Trends & Data
Warren County, Tennessee leans heavily Republican, based on the 2020 U.S. Presidential Election results, with the GOP capturing roughly 74% of the vote and Democrats securing around 24.5%. The minor parties picked up only a small fraction, hinting at a predominantly conservative voter base. This political landscape could subtly influence local real estate trends, potentially attracting buyers who prefer traditionally Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Warren County, Tennessee largely favored the Republican candidate in the 2020 U.S. Presidential Election, with an estimated 74% of the vote. Democrats trailed significantly, garnering about 24.5%. The remaining votes were scattered among other minor parties, indicating a strong Republican leaning in the county. This trend may suggest a predominant conservative voter base in Warren County.
74.02% of voters voted for the Republican party in the 2020 Presidential Election
24.51% of voters voted for the Democrat party in the 2020 Presidential Election
1.47% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past decade, Warren County, Tennessee's student-to-teacher ratio fluctuated, peaking at around 16 in 2020 but recently settling at about 13, which is better than the national average of 14. This lower ratio could appeal to families prioritizing individualized attention in schools, suggesting a stable or increasing demand for family-oriented housing. Real estate agents and investors might use this as a unique selling point when marketing properties within the... Read more
Student-to-teacher ratio in Warren County, Tennessee over the last 10 years
Over the past decade in Warren County, Tennessee, the student-to-teacher ratio has shown notable fluctuations, reaching its peak at around 16 students per teacher in 2020. Despite occasional dips, the latest ratio stands at roughly 13, which surpasses the current national average of 14 students per teacher. For potential investors and real estate agents, this relatively low ratio might indicate a compelling draw for families seeking more individualized attention in schools. Appraisers and insurance agents might find these trends indicative of a stable or potentially increasing demand for family-oriented housing in the County. Comparing these numbers to the national average could also provide a nuanced understanding for residents and those interested in the local education landscape.
