Adams County Real Estate and Livability Trends
Adams County, Iowa, has seen a rise in average taxable income per tax return, growing from around $45,705 in 2013 to roughly $62,080 in 2021, indicating potential economic growth. However, state and local income taxes have experienced significant volatility, peaking at $10,133.33 in 2018 and dipping to $4,566.67 in 2020. The median home values spiked to $109,400 in 2022, still below the state and... Read more
Adams County Market Trends
Adams County, Iowa's median home values spiked to $109,400 in 2022, but remain below the state median of $181,600 and the national median of $179,400. This disparity might attract investors and first-time buyers eyeing affordable real estate. In 2021, average real estate taxes per tax return hit a high of $3,150.00, up from $1,933.33 in 2020, hinting at growing property values or local revenue... Read more
Median Value of Occupied Housing Units in Adams County, Iowa Over the Last 8 Years
Adams County, Iowa has seen its median home values exhibit considerable fluctuations over the past eight years, with a noticeable jump in 2022 to $109,400. While this most recent increase is significant, it is still quite a bit lower compared to Iowa’s state median at $181,600 and the national median at $179,400 in 2022. This variance may present an intriguing opportunity for potential investors or first-time homebuyers looking for more affordable entry points into the real estate market, especially against the backdrop of rising home values at the state and national levels.
Residential Energy Tax Credit Per Tax Return in Adams County, IA Over the Last 3 Years
Adams County, Iowa has seen notable fluctuations in residential energy tax credits over the past three years. In 2013, the average credit per tax return was $175.00 and doubled to $350.00 in 2014. However, in 2015, it slightly decreased to roughly $266.67. This volatility suggests potential changes in policy or energy investments that may impact residents and investors interested in energy efficiency incentives.
Average Real Estate Taxes Per Tax Return in Adams County, IA Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in Adams County, Iowa have shown a general upward trend, peaking at $3,150.00 in 2021 after a notable decline to $1,933.33 in 2020. A key pattern is the leap from $2,086.36 in 2016 to $2,377.27 in 2017, suggesting a significant tax rate adjustment or reassessment within that period. This escalating tax trajectory could be a relevant consideration for prospective investors, real estate developers, and homeowners, potentially reflecting higher property values or increased local government revenue needs.
Percentage of Farm Returns in Adams County, IA Over the Last 10 Years
In Adams County, Iowa, the percentage of farm tax returns over the last decade hovered around the 23-24% range, showing some fluctuations but generally maintaining stability. Peaks were observed around 2012 and 2015, with approximately 23.94% and 24.04%, respectively, while the lowest percentage appeared in 2019 at about 22.03%. This suggests a rather consistent engagement in farming activities, a trend that signifies sustained, albeit somewhat variable, agricultural investment in the area. For prospective investors or residents, this steady agricultural presence could indicate a stable rural economy, potentially affecting land value, local job opportunities, and community culture. Farm tax returns reflect the number of tax filings specifically for farming income, which can signal the health of the agricultural sector in the region.
Number of Mortgages by Occupancy Type in Adams County, IA Over the Last 5 Years in Adams County
Over the past five years in Adams County, Iowa, mortgage counts for principal residences have consistently outnumbered those for second residences and investment properties, suggesting a robust demand for primary homes. Although there are slight fluctuations, investment properties have seen minimal activity, peaking at only 3 mortgages in 2020. For those looking to invest, this may imply a limited market for rental and speculative opportunities. Real estate agents and property developers might focus efforts on principal residence properties due to sustained interest, while appraisers and insurance agents should consider the predominant need for primary home evaluations and coverages.
Economic Outlook
Adams County, Iowa, has witnessed a rise in average taxable income per tax return, growing from around $45,705 in 2013 to roughly $62,080 in 2021, implying potential economic growth and stability. However, state and local income taxes have shown considerable volatility, peaking at $10,133.33 in 2018 and dipping to $4,566.67 in 2020, with a slight upward trend by 2021. The average total tax liability has also fluctuated, hitting a high of $9,640.74 in 2021. These dynamics may influence... Read more
Average Taxable Income per Tax Return in Adams County, IA over the last 9 years
Adams County, Iowa, has experienced a notable upward trend in average taxable income per tax return over the past nine years, with figures climbing from approximately $45,705 in 2013 to around $62,080 in 2021. This consistent increase suggests potential economic growth and stability, making it an attractive prospect for investors, property developers, and new residents seeking a potentially prosperous community. The sharp rise between 2020 and 2021 might indicate a particularly strong economic shift or event, worth investigating further for those interested in this region's financial landscape.
Average State and Local Income Taxes Per Tax Return in Adams County, IA Over the Last 10 Years
Adams County, Iowa has seen significant fluctuations in average state and local income taxes per tax return over the last decade. Taxes spiked in 2018 to a high of $10,133.33, then dropped sharply to as low as $4,566.67 in 2020. Despite the volatility, recent years indicate a slight upward trend, with 2021 figures at $5,600.00. These shifts might appeal to investors and potential homeowners interested in understanding the fiscal landscape and its potential impact on disposable income and financial planning within the county.
Average Total Tax Liability Per Tax Return in Adams County, IA Over the Last 10 Years
The average total tax liability per tax return in Adams County, Iowa has had significant fluctuations over the past decade. Notably, the tax liability hit its peak in 2021 at $9,640.74 after a period of lower values, where 2015 saw one of the lowest at $6,830.43. This trend indicates an increasing tax burden in recent years, particularly in the last two years of the data set. These figures suggest a growing cost of living or changes in tax policies in Adams County, which are crucial for potential investors, homeowners, and current residents to consider when planning financial decisions.
Cost of Living in Adams County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,065 | $1,371 | $2,105 | $927 | $1,276 |
1 adult 4 children | $1,065 | $1,120 | $1,612 | $927 | $1,413 |
2 adults 3 children | $1,065 | $1,120 | $1,826 | $927 | $1,038 |
1 adult 3 children | $1,065 | $915 | $1,332 | $927 | $1,143 |
2 adults 2 children | $875 | $917 | $1,546 | $808 | $917 |
1 adult 2 children | $875 | $685 | $1,053 | $808 | $880 |
2 adults 1 child | $875 | $725 | $1,267 | $423 | $846 |
1 adult 1 child | $875 | $468 | $773 | $423 | $703 |
2 adults | $665 | $582 | $987 | $0 | $680 |
1 adult | $639 | $318 | $494 | $0 | $582 |
Safety trends & Data
Adams County, Iowa has seen fluctuating property crime patterns over the past five years. Burglary incidents notably spiked to 6.0 in 2019 and peaked at 8.0 in 2021 before dropping to 1.0 in 2022. Vandalism incidents also showed peaks at 4.0 in both 2019 and 2022. These variations could suggest considerations for property investment or insurance risk assessments, indicating an unpredictable risk... Read more
Property Crime Trends in Adams County, IA Over the Last 5 Years
Adams County, Iowa has exhibited some fluctuating patterns in property crime over the past five years. The numbers for burglary saw a notable spike in 2019 with 6.0 incidents and peaked even higher in 2021 with 8.0 incidents before dropping back to 1.0 in 2022. While larceny-theft incidents have remained relatively stable, fraud and vandalism incidents have shown variations, with vandalism peaking at 4.0 incidents in both 2019 and 2022. These trends may suggest potential concerns for property investment or insurance risk assessments, although the fluctuating nature of these incidents implies a level of unpredictability in crime trends.
Demographics
Adams County, Iowa, shows an almost even split between male and female populations. High school graduates make up the largest segment in terms of educational attainment, but a substantial number also have some college experience or higher degrees, pointing to a potentially educated workforce. Age distribution leans towards older demographics, with a notable portion aged 55 and over, which could impact healthcare and retirement service demands. The population is predominantly White, with limited... Read more
Race Distribution in Adams County, Iowa (2022)
Educational Attainment in Adams County, Iowa (2022)
Age Distribution in Adams County, Iowa
Citizen Population in Adams County, Iowa (2022)
Political Trends & Data
Adams County, Iowa, showed a notable Republican preference in the 2020 U.S. Presidential Election, with over 70% of the votes possibly leaning toward the GOP. Democrats had about 27% of the votes, and third-party candidates received under 2% collectively. This pattern suggests a predominantly conservative voter base in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Adams County in Iowa showed a strong leaning towards the Republican party in the 2020 U.S. Presidential Election, with over 70% of the votes potentially favoring the GOP. Meanwhile, Democrats garnered around 27% of the vote, indicating a much lower but still notable support base. Third-party candidates, including Libertarian and Green parties, were only marginally supported, collectively making up less than 2% of the votes. This trend could be indicative of a predominantly conservative electorate in Adams County.
71.06% of voters voted for the Republican party in the 2020 Presidential Election
27.31% of voters voted for the Democrat party in the 2020 Presidential Election
1.25% of voters voted for the Livertarian party in the 2020 Presidential Election
0.05% of voters voted for the Green party in the 2020 Presidential Election
0.32% of voters voted for the Other party in the 2020 Presidential Election
School Data
Adams County, Iowa's student-to-teacher ratio has consistently ranged from 10 to 12 over the past decade, far below the national average of 14, hinting at a more personalized educational experience. This attractive metric could lure in families, leading to higher property values and stronger community investment in education. Developers and real estate agents might find these trends beneficial as they suggest a stable, well-supported educational... Read more
Student-to-teacher ratio in Adams County, Iowa over the last 10 years
Adams County, Iowa has maintained a relatively low student-to-teacher ratio over the past decade, fluctuating between 10 and 12 students per teacher. This is noticeably lower than the current national average of 14 students per teacher. Such favorable ratios could attract families seeking a more personalized educational experience for their children. Investors, real estate agents, and developers may find this information valuable, as it suggests strong community investment in education and potentially higher property values. For appraisers and insurance agents, these figures indicate a stable, well-supported educational infrastructure.