Adair County Real Estate and Livability Trends
Adair County, Iowa has seen a steady rise in both taxable income and property values, potentially highlighting an improving economic climate. Over recent years, the median home value increased from $89,600 in 2015 to $131,600 in 2022, suggesting an appreciating real estate market that's more affordable compared to Iowa’s average of $181,600. Despite a slight dip in principal residence... Read more
Adair County Market Trends
Adair County, Iowa's median home values have shot up from $89,600 in 2015 to $131,600 in 2022, positioning it as a more affordable yet appreciating market relative to Iowa's $181,600 and the national $179,400 averages. Real estate taxes have climbed from approximately $1,893.33 in 2012 to around $2,937.50 in 2021, likely reflecting rising property values or tax rate adjustments. The consistency... Read more
Median Value of Occupied Housing Units in Adair County, Iowa Over the Last 8 Years
Adair County, Iowa, has experienced notable growth in median home values over the past eight years, jumping from $89,600 in 2015 to $131,600 in 2022. This county's growth rate appears to be catching up with broader trends, though it has consistently remained more affordable compared to both the state of Iowa and national figures. Iowa's median home value peaked at $181,600 in 2022, while the national average climbed to $179,400. For potential investors or homebuyers, Adair County represents a more budget-friendly option with considerable appreciation prospects.
Residential Energy Tax Credit Per Tax Return in Adair County, IA Over the Last 6 Years
Adair County, Iowa has seen fluctuating residential energy tax credits over the last six years, with notable peaks like $462.50 in 2014 and $480.00 in 2016. The credit amounts dipped in recent years with 2021 averaging at $300.00. This variability suggests periodic spikes in renewable energy investments possibly driven by changing policies or incentives. Investors and residents might find these trends insightful for planning energy-efficient upgrades, understanding local government support for renewable energy efforts, and assessing the financial benefits of moving towards green energy in the area.
Average Real Estate Taxes Per Tax Return in Adair County, IA Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Adair County, Iowa have shown a general upward trend, rising from approximately $1,893.33 in 2012 to roughly $2,937.50 in 2021. This steady increase may indicate growing property values or changing tax rates, potentially impacting decisions for investors, prospective homeowners, appraisers, and real estate agents. The significant year-over-year increases, especially post-2016 with a steep rise evident in 2021, suggest an evolving economic landscape that could influence both residential and commercial property interests in the area.
Percentage of Farm Returns in Adair County, IA Over the Last 10 Years
Adair County, Iowa has experienced a relatively stable trend in the percentage of farm tax returns over the last decade, hovering around 19-20%. These returns provide a glimpse into the economic health and viability of agricultural activities in the area, which can be crucial for investors, developers, and prospective residents. A stable percentage suggests consistent agricultural activity, which could impact local economies and the attractiveness of rural investments. While individual percentages vary slightly from year to year, the lack of significant fluctuations indicates a potentially robust farming economy in this part of Iowa.
Number of Mortgages by Occupancy Type in Adair County, IA Over the Last 5 Years in Adair County
Adair County, Iowa has observed fluctuations in mortgage activity for different occupancy types over the past five years, with principal residences consistently leading the numbers. There was a notable decrease in the number of mortgages for principal residences from 2021 to 2022. Meanwhile, investment property mortgages spiked in 2019 and gradually declined, then slightly increased in 2022. This shift in mortgage patterns could hint at changing market dynamics or investor confidence levels, impacting decisions for potential investors, appraisers, insurance agents, and real estate agents involved in the area.
Economic Outlook
Adair County, Iowa has demonstrated a consistent rise in average taxable income per tax return, from $45,394.00 in 2013 to $61,572.29 in 2021, which may suggest an improving economic environment. Additionally, state and local income taxes per tax return have increased from $5,311.86 in 2012 to $9,514.29 in 2021, potentially pointing to economic growth or tax policy changes. Average total tax liabilities also show an upward trend, peaking at $8,219.65 in 2021, up from $6,745.22 in 2012. These... Read more
Average Taxable Income per Tax Return in Adair County, IA over the last 9 years
Adair County, Iowa has witnessed a notable upward trend in average taxable income per tax return over the past nine years, starting from $45,394.00 in 2013 and rising steadily to $61,572.29 in 2021. This might suggest a gradually improving economic landscape, potentially making it a more attractive option for investors, homebuilders, and new residents. With a significant increase from $52,406.76 in 2019 to $61,572.29 in 2021, this period could hint at accelerated growth or positive economic activities in recent years.
Average State and Local Income Taxes Per Tax Return in Adair County, IA Over the Last 10 Years
Adair County, Iowa has experienced a notable trend in state and local income taxes per tax return over the past decade. Starting from $5,311.86 in 2012, there is a clear upward trajectory, peaking at $9,514.29 in 2021. This significant increase, especially the jump between 2018 and 2019, may indicate economic growth or changes in tax policy affecting residents. For potential investors and residents, understanding these fiscal dynamics can help in planning finances and evaluating the overall economic climate.
Average Total Tax Liability Per Tax Return in Adair County, IA Over the Last 10 Years
Over the last decade, Adair County, Iowa has seen fluctuating average total tax liabilities per tax return, with noticeable increases in recent years. In 2021, the liability peaked at $8,219.65, showing a significant rise from $6,745.22 in 2012. This trend indicates a general upward movement, particularly sharp in the past couple of years. For those considering investing or moving to Adair County, understanding these tax trends is crucial, reflecting both economic shifts and potentially rising property values in the area.
Cost of Living in Adair County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,071 | $1,629 | $2,105 | $988 | $1,408 |
| 1 adult 4 children | $1,071 | $1,330 | $1,612 | $988 | $1,541 |
| 2 adults 3 children | $1,071 | $1,331 | $1,826 | $988 | $1,140 |
| 1 adult 3 children | $1,071 | $1,086 | $1,332 | $988 | $1,245 |
| 2 adults 2 children | $795 | $1,089 | $1,546 | $862 | $949 |
| 1 adult 2 children | $795 | $814 | $1,053 | $862 | $904 |
| 2 adults 1 child | $795 | $861 | $1,267 | $451 | $860 |
| 1 adult 1 child | $795 | $556 | $773 | $451 | $701 |
| 2 adults | $604 | $692 | $987 | $0 | $686 |
| 1 adult | $581 | $377 | $494 | $0 | $575 |
Safety trends & Data
Adair County, Iowa has experienced fluctuating property crime rates over the past four years. Burglary incidents increased from 1 in 2019 to 2 in 2021, and larceny-theft rose to 3 occurrences in 2021 before dropping back to 1 in 2022. With vandalism reported only once in 2020 and consistently low instances of stolen property and motor vehicle theft, these relatively low and variable crime rates could be reassuring for investors, real estate agents, and new residents assessing the area's safety... Read more
Property Crime Trends in Adair County, IA Over the Last 4 Years
Adair County, Iowa has seen fluctuating property crime rates over the last four years. Burglary incidents increased from 1 in 2019 to 2 in 2021. Larceny - Theft saw a rise in 2021 with 3 occurrences but dropped back to 1 in 2022. Vandalism was reported only once in 2020, and instances of stolen property and motor vehicle theft have remained relatively low. Investors, real estate agents, and new residents might find the relatively low and variable property crime rates significant when assessing the area's safety and potential for stable property values.
Demographics
Adair County, Iowa shows a nearly balanced gender distribution in its adult population, with a slight male majority. Educational attainment reveals the majority of adults possess a high school diploma, while those with bachelor's or higher degrees are relatively fewer. The age distribution highlights a significant number of residents in the 55 to 64 years range, alongside a notable proportion of young adults. Racially, the county is predominantly White, with very few individuals identifying as... Read more
Race Distribution in Adair County, Iowa (2022)
Educational Attainment in Adair County, Iowa (2022)
Age Distribution in Adair County, Iowa
Citizen Population in Adair County, Iowa (2022)
Political Trends & Data
Adair County, Iowa, displays a predominantly conservative voter base, with the 2020 U.S. Presidential Election results showing Republicans capturing nearly 70% of the vote. Democrats secured just under 29%, while third-party candidates like Libertarians and the Green Party gathered minimal support, each under 1%. This political landscape may influence local policies and community investments, potentially shaping real estate market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Adair County, Iowa, the 2020 U.S. Presidential Election results suggest that Republicans had a strong lead, securing nearly 70% of the vote. Democrats trailed significantly with just under 29%. The presence of third-party candidates appears minimal, with Libertarians capturing less than 1% and the Green Party even less. These trends could hint at a predominantly conservative voter base within the county.
69.95% of voters voted for the Republican party in the 2020 Presidential Election
28.68% of voters voted for the Democrat party in the 2020 Presidential Election
0.84% of voters voted for the Livertarian party in the 2020 Presidential Election
0.10% of voters voted for the Green party in the 2020 Presidential Election
0.43% of voters voted for the Other party in the 2020 Presidential Election
School Data
Adair County, Iowa has consistently maintained a student-to-teacher ratio below the national average of 14, peaking at 13 in 2022. This trend hints at smaller class sizes which could contribute to better student outcomes. Prospective homebuyers might find this appealing, considering the positive educational environment, potentially influencing insurance risk assessments, educational investments, or property valuations. Real estate agents might want to highlight these stats to attract families... Read more
Student-to-teacher ratio in Adair County, Iowa over the last 10 years
Adair County, Iowa has generally maintained a student-to-teacher ratio below the national average of 14 over the past decade, offering a more individualized classroom experience. After hitting a low of 10 in 2014, the ratio peaked at 13 in 2022, still below the national average, indicating relatively favorable conditions for personalized education. This trend suggests that both current residents and prospective movers could benefit from smaller class sizes, as they tend to positively impact student outcomes, requiring less adaptation for insurance risk assessments, educational investments, or property valuations based on school quality. Real estate agents may leverage these statistics to attract families prioritizing education quality.
