Williamson County Real Estate and Livability Trends
Williamson County, Tennessee's real estate market has seen substantial growth, with median home values rising from $348,600 in 2015 to $611,100 in 2022, reflecting a robust local economy and high quality of life. Affluence is evident as average taxable income soared to $210,716.75 in 2021, attracting developers and investors. Meanwhile, energy-efficient home upgrades peaked in 2018, indicating... Read more
Williamson County Market Trends
Williamson County, Tennessee's real estate market has seen notable growth in recent years, marked by a substantial rise in median home values from $348,600 in 2015 to $611,100 in 2022, outpacing state and national trends. This surge likely reflects the county's strong local economy and high quality of life. A sharp increase in residential energy tax credits peaking at $4,313.33 in 2018 suggests... Read more
Median Value of Occupied Housing Units in Williamson County, Tennessee Over the Last 8 Years
In the past eight years, Williamson County, Tennessee has seen a significant increase in median home values, soaring from $348,600 in 2015 to $611,100 in 2022. This growth outpaces both state and national trends, providing ample proof of the area's burgeoning market. For comparison, Tennessee's median home values rose from $142,100 to $232,100 over the same period, while national figures moved from $125,500 to $179,400. This stark contrast underscores Williamson County's appeal, likely driven by its robust local economy, quality of life, and increasing demand. Prospective investors, homebuyers, or developers might find this data compelling when considering the county's long-term potential.
Residential Energy Tax Credit Per Tax Return in Williamson County, TN Over the Last 9 Years
Residential energy tax credits in Williamson County, Tennessee have seen significant fluctuations over the past nine years. After a steady rise from $415.97 in 2013 to $700.97 in 2016, there was a noticeable peak in 2018 at $4313.33, which likely indicates a surge in energy-efficient home improvements or government incentives. Post-2018, the credits normalized, with a moderate upward trend reaching $1065.15 in 2020. This volatility could be crucial for homeowners and real estate investors considering sustainable property investments or energy-efficient upgrades, potentially impacting property values and insurance premiums. Real estate agents and appraisers might want to monitor these trends closely, as they could affect market dynamics and buyer preferences.
Average Real Estate Taxes Per Tax Return in Williamson County, TN Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Williamson County, Tennessee have shown a notable increase. Starting from approximately $3,158.60 in 2012 and gradually rising to about $5,776.45 by 2021, this trend highlights a steady escalation that aligns with the county's growing property values. Such an upward trajectory in tax obligations may be indicative of the area's burgeoning real estate market and increased property assessments, making it a critical consideration for prospective homeowners, investors, and real estate professionals. This growth trend could potentially impact overall affordability and investment return calculations in the region.
Percentage of Farm Returns in Williamson County, TN Over the Last 10 Years
In Williamson County, Tennessee, the percentage of farm tax returns has shown a gradual decrease over the past decade—from approximately 1.63% in 2012 to about 1.14% in 2021. Farm tax returns, which encompass revenue declarations related to agricultural activities, are critical indicators of both farming activity and economic health in rural areas. This declining trend could potentially signal a reduction in active farming operations, presenting valuable insights for investors and property developers considering agricultural ventures or rural land investments in the county. For potential residents and current inhabitants, this trend might suggest a gradual shift towards non-agricultural land use, potentially impacting the local economy and lifestyle.
Number of Mortgages by Occupancy Type in Williamson County, TN Over the Last 5 Years in Williamson County
For Williamson County, Tennessee, analyzing mortgage trends by occupancy type reveals notable variation over the last five years. Principal residences dominate mortgage counts, peaking in 2020 with a slight dip in subsequent years. Investment property mortgages display a fluctuating pattern, reaching their highest count in 2021. Second residences maintain relatively low and steady numbers. These shifts in occupancy types may influence local real estate markets: higher principal residence mortgages could indicate a stronger demand for homes among local residents, directly impacting property values and community makeup. For investors, the rise in investment property mortgages in 2021 might signal lucrative timing for opportunities. Meanwhile, steady second residence numbers could suggest stable albeit limited interest in secondary homes, relevant for market strategists and insurance agents planning risk management.
Economic Outlook
Williamson County, Tennessee has experienced a sharp increase in average taxable income, escalating from $114,298.90 in 2013 to $210,716.75 in 2021. This trend indicates burgeoning affluence and economic growth potentially attracting real estate developers and investors. The average state and local income taxes per tax return have also risen significantly from $10,221.17 in 2012 to $33,309.25 by 2021, highlighting increased fiscal responsibilities that may impact property appraisals and... Read more
Average Taxable Income per Tax Return in Williamson County, TN over the last 9 years
Over the last nine years, Williamson County, Tennessee has seen a consistent upward trend in the average taxable income per tax return, escalating from $114,298.90 in 2013 to an impressive $210,716.75 in 2021. Such a significant rise suggests economic growth and increasing affluence, making the county an attractive area for potential investors, real estate developers, and insurance agents to consider. This trend may also signal a higher demand for housing and commercial properties, influencing property appraisals and tax rates, and indicating a robust local economy.
Average State and Local Income Taxes Per Tax Return in Williamson County, TN Over the Last 10 Years
In Williamson County, Tennessee, the average state and local income taxes per tax return have shown a noticeable upward trend over the past decade, soaring from around $10,221.17 in 2012 to an estimated $33,309.25 by 2021. This rapid increase could attract attention from potential investors and people considering moving to the area. Real estate agents and property developers might see opportunities here, but rising taxes may also necessitate cautious appraisals and potentially higher insurance premiums. This trend suggests a growing economic base, but also hints at increased financial burdens on residents.
Average Total Tax Liability Per Tax Return in Williamson County, TN Over the Last 10 Years
Over the past decade, Williamson County, Tennessee has seen a consistent increase in the average total tax liability per tax return, with notable jumps in 2014 and a significant spike in 2021 reaching $49,700.54. This rise may reflect growing property and income values, signifying the county's economic vitality and appeal for real estate investors and new residents. The increasing tax liabilities could be a consideration for potential buyers and developers looking at long-term investment and living costs.
Cost of Living in Williamson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,389 | $1,814 | $1,850 | $1,152 | $1,520 |
| 1 adult 4 children | $2,389 | $1,481 | $1,414 | $1,152 | $1,640 |
| 2 adults 3 children | $2,389 | $1,482 | $1,605 | $1,152 | $1,248 |
| 1 adult 3 children | $2,389 | $1,210 | $1,169 | $1,152 | $1,402 |
| 2 adults 2 children | $1,910 | $1,213 | $1,361 | $1,059 | $1,008 |
| 1 adult 2 children | $1,910 | $906 | $925 | $1,059 | $1,059 |
| 2 adults 1 child | $1,910 | $959 | $1,116 | $757 | $967 |
| 1 adult 1 child | $1,910 | $619 | $680 | $757 | $937 |
| 2 adults | $1,692 | $770 | $872 | $0 | $832 |
| 1 adult | $1,655 | $420 | $436 | $0 | $790 |
Safety trends & Data
Property crime trends in Williamson County, Tennessee, indicate considerable fluctuations. Larceny-theft, the most frequent crime, peaked at 590.00 incidents in 2019 but dropped to 322.00 by 2021 before slightly increasing to 355.00 in 2022. Embezzlement and motor vehicle theft exhibit relatively stable trends, while forgery and counterfeiting spiked in 2019 but have since declined. Vandalism incidents rose in 2021, though crimes like arson and fraud display sporadic patterns. This information... Read more
Property Crime Trends in Williamson County, TN Over the Last 5 Years
Property crime trends in Williamson County, Tennessee, over the last five years suggest varying degrees of fluctuation across different crime categories. Notably, larceny-theft has consistently seen the highest numbers, peaking at 590.00 in 2019 before dropping to 322.00 in 2021 and slightly rising to 355.00 in 2022. Embezzlement and motor vehicle theft have generally seen minor variations, indicating a relatively stable trend. Interestingly, incidents of forgery and counterfeiting spiked in 2019 but have since decreased. While vandalism numbers have increased as of 2021, other crimes like arson and fraud show sporadic trends. This data could be significant for property investors, new residents, and those in the real estate and insurance sectors, as it highlights areas of potential risk and shifts in criminal activity over time.
Demographics
Williamson County, Tennessee showcases a relatively balanced gender distribution among adults, with females slightly outnumbering males. A striking emphasis on higher education is evident, as a very high number of residents possess at least a bachelor's degree, eclipsing more basic educational attainments. Age-wise, the community is diverse with significant representation across various age groups, especially those aged 35 to 54 years. When it comes to racial demographics, the county is... Read more
Race Distribution in Williamson County, Tennessee (2022)
Educational Attainment in Williamson County, Tennessee (2022)
Age Distribution in Williamson County, Tennessee
Citizen Population in Williamson County, Tennessee (2022)
Political Trends & Data
Williamson County in Tennessee may significantly lean Republican, with around 62% of the vote, while Democrats received approximately 36%. The Libertarian and Green parties have almost no presence, with a small 1.7% taken by other parties. This trend suggests a predominantly conservative voter base, though there is some degree of political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Williamson County in Tennessee perhaps leans significantly towards the Republican party, with about 62% of the vote, while Democrats garnered approximately 36%. Other parties, including Libertarian and Green, seem to have virtually no presence, but there's a small fraction, around 1.7%, occupied by other parties. These voting patterns could suggest a predominantly conservative voter base with limited but present political diversity.
62.20% of voters voted for the Republican party in the 2020 Presidential Election
36.08% of voters voted for the Democrat party in the 2020 Presidential Election
1.72% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Williamson County, Tennessee, the student-to-teacher ratio has often been above the national average of 14 students per teacher, peaking at 18.75 in 2019. Recent 2023 data shows it has improved to 14.88, closer to national norms. This trend could be appealing to investors, real estate agents, and families, as lower ratios are generally linked to higher educational quality and can enhance the appeal of the local school... Read more
Student-to-teacher ratio in Williamson County, Tennessee over the last 10 years
In Williamson County, Tennessee, the student-to-teacher ratio has predominantly hovered above the national average of 14 students per teacher, fluctuating between 14.87 and 18.75 over the past decade. Notably, a spike to an 18.75 ratio was observed in 2019, suggesting increased classroom sizes that year. Recent data in 2023 indicates a more favorable ratio of 14.88, aligning more closely with national trends and possibly reflecting efforts to improve educational quality. Investors, real estate agents, and families considering moving to Williamson County may find this trend encouraging, as a lower student-to-teacher ratio is often associated with better educational outcomes and can be an attractive attribute of the local education system.
