Allamakee County Real Estate and Livability Trends
Allamakee County, Iowa, has seen a notable uptick in average taxable incomes, now at $59,460.15, suggesting enhanced living standards and a more robust economy. Median home values have appreciated markedly from $110,900 in 2015 to $156,900 in 2022, highlighting an appealing yet affordable real estate market. Additionally, real estate taxes have increased from $2,071.97 in 2012 to $3,447.06 in... Read more
Allamakee County Market Trends
In Allamakee County, Iowa, median home values have shown a steady climb, rising from $110,900 in 2015 to $156,900 in 2022, appealing for those looking for affordable yet appreciating real estate. Notably, residential energy tax credits saw a spike to $5350.00 in 2018, hinting at a surge in energy-efficient home improvements. Real estate taxes have been increasing significantly, from $2,071.97 in... Read more
Median Value of Occupied Housing Units in Allamakee County, Iowa Over the Last 8 Years
Allamakee County, Iowa has experienced a gradual but steady increase in median home values over the last eight years, starting at $110,900 in 2015 and reaching $156,900 by 2022. This growth could be particularly appealing for investors or homebuyers, as it suggests a stable appreciation in property values. When compared to the state of Iowa and the national median values, Allamakee County's housing market appears more affordable, with Iowa's median jumping from $129,200 in 2015 to $181,600 in 2022, and the national median escalating from $125,500 to $179,400 in the same period. This makes the county an attractive option for those seeking a lower entry point into the housing market while still benefiting from the upward trend in property values.
Residential Energy Tax Credit Per Tax Return in Allamakee County, IA Over the Last 9 Years
Over the last nine years, Allamakee County, Iowa has seen significant fluctuations in average residential energy tax credits per tax return. There was a notable spike in 2018 where the average tax credit soared to $5350.00, indicating a possible surge in energy-efficient home improvements or installations. Other notable years include 2015 and 2016 with averages of $835.71 and $900.00 respectively, and 2021 showing an average of $1283.33. These peaks highlight periods of increased investment in energy-efficient solutions, making it an opportune time for investors and property builders to focus on sustainable projects in the area.
Average Real Estate Taxes Per Tax Return in Allamakee County, IA Over the Last 10 Years
Average real estate taxes per tax return in Allamakee County, Iowa have exhibited a notable upward trend over the past decade, increasing from $2,071.97 in 2012 to $3,447.06 in 2021. This consistent rise, especially the sharp jumps in recent years, might reflect changing property values, shifts in local fiscal policy, or an increase in public service funding requirements. Investors, property developers, and other stakeholders should consider these tax trends as they could impact profitability and long-term financial planning.
Percentage of Farm Returns in Allamakee County, IA Over the Last 10 Years
Over the last decade in Allamakee County, Iowa, the percentage of farm returns has seen mild fluctuations, starting at approximately 16.05% in 2012 and slightly decreasing to around 14.70% in 2021. Farm tax returns typically indicate the financial health and activity level of agricultural enterprises, providing insight into the economic fabric of the region. For potential investors, homeowners, or developers considering this area, these trends could reflect the stability and viability of agricultural operations, helping to inform decisions about property investment or development projects in a predominantly rural setting.
Number of Mortgages by Occupancy Type in Allamakee County, IA Over the Last 5 Years in Allamakee County
In Allamakee County, Iowa, the trend shows a stable dominance of mortgages for principal residences over the last five years, peaking in 2020 with 343 compared to 233 in 2022. Investment property mortgages maintain a lower yet consistent presence, with minor fluctuations, while second residences have seen varied yet relatively small numbers, with a notable dip from 37 in 2019 to 12 in 2022. Changes in occupancy type matter significantly to different stakeholders. Investors can gauge market stability and housing demand, potential movers can anticipate neighborhood dynamics, while appraisers and real estate agents can better assess property values. For insurance agents, understanding these trends aids in risk assessment and policy pricing, and builders can align their projects with rising demands, optimizing resource allocation.
Economic Outlook
Allamakee County, Iowa, has seen a steady rise in average taxable incomes, with the latest figure hitting $59,460.15, hinting at a potentially robust economy and enhanced living standards. This trend, coupled with the notable increase in state and local income taxes—jumping from $5,357.50 in 2012 to $7,980.00 in 2021—indicates potential growth in income levels and economic opportunities. Additionally, the average total tax liability per tax return peaked at $7,810.80 in 2021, reflecting... Read more
Average Taxable Income per Tax Return in Allamakee County, IA over the last 9 years
Average taxable incomes in Allamakee County, Iowa have seen a steady increase over the past nine years, with the latest figure reaching $59,460.15. This upward trend points to a potentially growing economy and rising standard of living, making it an attractive spot for potential investors and new residents. The notable jump in 2021 suggests recent economic shifts or developments that could offer exciting opportunities for businesses and property developers.
Average State and Local Income Taxes Per Tax Return in Allamakee County, IA Over the Last 10 Years
Over the last decade, Allamakee County, Iowa has seen a notable rise in average state and local income taxes per tax return, jumping from $5,357.50 in 2012 to $7,980.00 in 2021. This consistent increase, particularly the sharp rise since 2017, suggests a growing economic base and potential increases in income levels. For investors, property developers, and new residents, this trend might indicate expanding economic opportunities but also higher living costs.
Average Total Tax Liability Per Tax Return in Allamakee County, IA Over the Last 10 Years
Allamakee County, Iowa has seen its average total tax liability per tax return fluctuate over the last decade, with highs peaking at $7,810.80 in 2021. Notable dips occurred in 2013 and 2018 when liabilities dropped to around $5,800.00 and $6,012.42 respectively. This upward trend, culminating in the recent spike, indicates a growing tax base, suggesting improved economic conditions—making it an appealing spot for potential investors and property developers. As tax liabilities often reflect rising incomes and property values, this pattern is crucial for those considering relocation or investment in Allamakee County.
Cost of Living in Allamakee County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,024 | $1,448 | $2,164 | $1,003 | $1,336 |
1 adult 4 children | $1,024 | $1,182 | $1,657 | $1,003 | $1,470 |
2 adults 3 children | $1,024 | $1,183 | $1,877 | $1,003 | $1,085 |
1 adult 3 children | $1,024 | $966 | $1,370 | $1,003 | $1,188 |
2 adults 2 children | $795 | $968 | $1,589 | $875 | $931 |
1 adult 2 children | $795 | $723 | $1,082 | $875 | $889 |
2 adults 1 child | $795 | $765 | $1,302 | $458 | $846 |
1 adult 1 child | $795 | $494 | $795 | $458 | $695 |
2 adults | $604 | $615 | $1,014 | $0 | $674 |
1 adult | $581 | $335 | $507 | $0 | $570 |
Safety trends & Data
Property crime trends in Allamakee County, Iowa have seen ups and downs over the past five years, with a significant rise in 2019 when 14 incidents of larceny-theft, 10 cases of vandalism, and six burglaries were reported. Since then, figures have stabilized with fewer than six incidents per year across various crime categories. This decline may hint at improved local measures or evolving community dynamics, possibly presenting a more attractive environment for investors, real estate agents,... Read more
Property Crime Trends in Allamakee County, IA Over the Last 5 Years
Property crime trends in Allamakee County, Iowa, display fluctuating tendencies over the past five years, with the most notable activity occurring in 2019. That year, the county saw a spike in larceny-theft with 14 reported incidents, alongside 10 vandalism cases and six burglaries. This peak contrasts sharply with the more stable and lower figures in subsequent years, featuring fewer than six incidents across various crime categories annually. The relative decline in property crime since 2019 may suggest improved local measures or changing community dynamics, offering potentially positive signals for prospective investors, real estate agents, or residents.
Demographics
Allamakee County, Iowa, exhibits a roughly equal gender distribution among adults, with males slightly outnumbering females. Educational attainment data suggests that a high school diploma is the most common educational level achieved, with relatively fewer residents holding a college degree or higher. The age distribution seems to skew towards older demographics, notably showing a larger population over 55 years old. The racial makeup is predominantly White, with limited representation from... Read more
Race Distribution in Allamakee County, Iowa (2022)
Educational Attainment in Allamakee County, Iowa (2022)
Age Distribution in Allamakee County, Iowa
Citizen Population in Allamakee County, Iowa (2022)
Political Trends & Data
Allamakee County, Iowa, tends to lean Republican, with Republicans possibly securing around 64% of the vote in the 2020 U.S. Presidential Election. Democrats might have captured over 34%, suggesting a solid, though minority, presence. Libertarians and other smaller parties seem to have had minimal impact voting-wise, collectively contributing only a small fraction. This voting pattern hints at a predominantly conservative political environment in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Allamakee County, Iowa, appears to lean Republican based on the 2020 U.S. Presidential Election results, with Republicans possibly securing around 64% of the vote. Democrats might have garnered slightly over 34%, while Libertarians and other parties seem to have captured only a small fraction. This distribution hints at a strong Republican presence in the county, although it's worth noting that smaller parties, including Libertarian and Green, collectively contributed just a sliver to the overall vote.
63.92% of voters voted for the Republican party in the 2020 Presidential Election
34.71% of voters voted for the Democrat party in the 2020 Presidential Election
0.96% 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
0.36% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past decade, Allamakee County, Iowa, has experienced a gradual drop in its student-to-teacher ratio, now just under 13 students per teacher compared to 14 in 2014. This trend might suggest more individualized student attention, potentially enhancing the local education environment. For real estate agents, this could be a selling point for properties, as well as a valuable factor for appraisers in their evaluations. Lower ratios might also appeal to families considering moving to the... Read more
Student-to-teacher ratio in Allamakee County, Iowa over the last 10 years
Over the past 10 years, Allamakee County, Iowa, has seen a gradual decline in its student-to-teacher ratio, dropping from 14 students per teacher in 2014 to just under 13 in 2023. This trend indicates smaller class sizes, which could imply more individualized attention for students. For homeowners, this might suggest a potentially more desirable education environment. Real estate agents might find it beneficial in marketing properties, while appraisers could consider it a factor in their evaluations. Lower ratios might also be a positive indicator for those considering moving to the area as it compares favorably to the national average of 14 students per teacher.