Appanoose County Real Estate and Livability Trends
Appanoose County, Iowa, is experiencing a rise in median home values, surging from $78,200 in 2015 to $113,900 in 2022, suggesting potential investment opportunities as it outpaces state and national averages. The county's growing residential interest is marked by a peak in principal residence mortgages at 383 in 2021 and a drop in property crimes, making it an attractive option for families and... Read more
Appanoose County Market Trends
Appanoose County, Iowa's median home values have surged from $78,200 in 2015 to $113,900 in 2022, outpacing state and national averages, presenting potential investment opportunities. Energy tax credits have seen significant peaks, such as $1,768.75 in 2014, reflecting periods of high energy-efficient adoptions. Real estate taxes in the county have risen from $2,053.66 in 2012 to $3,800.00 in... Read more
Median Value of Occupied Housing Units in Appanoose County, Iowa Over the Last 8 Years
The median home values in Appanoose County, Iowa have had quite a ride over the past eight years, seeing a jump from $78,200 in 2015 to $113,900 in 2022. Comparing this with the state of Iowa, where median home values rose from $129,200 to $181,600 in the same period, and the national trend climbing from $125,500 to $179,400, Appanoose County's housing market is relatively more affordable. For those looking to invest or build property here, this could be an enticing opportunity given the considerable recent appreciation, especially as 2022 saw the most dramatic increase in value.
Residential Energy Tax Credit Per Tax Return in Appanoose County, IA Over the Last 8 Years
Appanoose County, Iowa, has seen considerable fluctuation in average residential energy tax credits per tax return over the past eight years. Peaks are notable in 2014 with an impressive $1,768.75 and again in 2017 at $1,380.00, suggesting periods of heightened adoption of energy-efficient installations. Conversely, both 2013 and 2019 had substantially lower averages of $506.67 and $787.50, respectively. These trends are critical for potential investors, current residents, and those contemplating property development in the area, as they may indicate shifting incentives or adoption rates of energy-saving technologies.
Average Real Estate Taxes Per Tax Return in Appanoose County, IA Over the Last 10 Years
Over the past decade, Appanoose County, Iowa has seen a notable increase in average real estate taxes per tax return, with values jumping from $2,053.66 in 2012 to a high of $3,800.00 in 2020, before slightly dropping to $3,233.33 in 2021. This upward trend could impact property decisions, making it a key consideration for investors, new residents, real estate developers, and insurance agents. Growing tax rates might reflect rising property values or increased public spending, both of which are crucial factors for appraisal and financial planning in the area.
Percentage of Farm Returns in Appanoose County, IA Over the Last 10 Years
Appanoose County, Iowa has observed generally stable levels in the percentage of farm tax returns over the past decade, floating around 13% to 13.6% with slight yearly fluctuations. For example, 2020 saw a dip to 12.30%, the lowest within this timeframe, while 2013 experienced a peak at approximately 13.61%. Farm tax returns represent the taxes filed by local agricultural operations, which can provide insights into the economic health and activity of farming in the region. Stability in these returns might suggest a steady agricultural sector, which could be appealing for potential investors or developers interested in rural land development and farming ventures, or those considering moving to a locality with a strong agricultural base.
Number of Mortgages by Occupancy Type in Appanoose County, IA Over the Last 5 Years in Appanoose County
Appanoose County, Iowa has seen some fluctuations in mortgage counts over the last five years, with significant emphasis on principal residence mortgages, which peaked at 383 in 2021. Investment property mortgages have generally been lower but saw a slight rise to 21 in 2022. Meanwhile, second residence mortgages have had modest changes, with a noticeable dip in 2021 but bouncing back slightly to 23 in 2022. These shifts can affect various sectors; for investors, the increasing investment property mortgages might hint at emerging opportunities, appraisers and real estate agents might see stable or increasing demand, and for those moving in, a higher number of principal residence mortgages suggest a growing interest in settling in the area. Understanding these trends is critical for insurers and builders looking to address market demands accurately.
Economic Outlook
Appanoose County, Iowa has seen a significant rise in average taxable income per tax return, jumping from $39,473.45 in 2013 to $54,206.80 in 2021, suggesting budding economic growth. Meanwhile, state and local income taxes have surged, peaking dramatically at $8,750.00 in 2020 before leveling off at $6,980.00 in 2021, indicating increased fiscal demands on residents. Additionally, the average total tax liability has climbed from $5,070.77 in 2012 to $7,138.26 in 2021, pointing to a growing... Read more
Average Taxable Income per Tax Return in Appanoose County, IA over the last 9 years
Appanoose County, Iowa has shown a notable increase in average taxable income per tax return over the past nine years, rising from $39,473.45 in 2013 to $54,206.80 in 2021. This consistent upward trend may signal economic growth and increasing prosperity in the area. For potential investors and those considering relocating, this could suggest a strengthening local economy and a potentially favorable environment for economic activities.
Average State and Local Income Taxes Per Tax Return in Appanoose County, IA Over the Last 10 Years
Appanoose County, Iowa has seen a notable increase in state and local income taxes per tax return over the last decade. Starting at $4,405.20 in 2012, taxes peaked significantly to $8,750.00 in 2020 before settling at $6,980.00 in 2021. This trend suggests a rising fiscal impact on residents and potential investors, reflecting either increased local tax rates, economic shifts or a combination of both factors. The heightened taxes, especially between 2018 and 2020, could influence financial planning for those considering relocation or property investments in the county.
Average Total Tax Liability Per Tax Return in Appanoose County, IA Over the Last 10 Years
Over the past decade, Appanoose County, Iowa has experienced a notable increase in average total tax liability per tax return, rising from $5,070.77 in 2012 to $7,138.26 in 2021. This steady upward trend reflects a growing economic footprint in the county, making it an area ripe for investment and development. For potential residents and investors, this highlights the evolving financial landscape and potential opportunities in the region.
Cost of Living in Appanoose County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $969 | $1,355 | $1,934 | $1,005 | $1,134 |
| 1 adult 4 children | $969 | $1,107 | $1,479 | $1,005 | $1,260 |
| 2 adults 3 children | $969 | $1,107 | $1,678 | $1,005 | $927 |
| 1 adult 3 children | $969 | $904 | $1,223 | $1,005 | $1,003 |
| 2 adults 2 children | $795 | $906 | $1,422 | $877 | $831 |
| 1 adult 2 children | $795 | $677 | $967 | $877 | $778 |
| 2 adults 1 child | $795 | $716 | $1,165 | $459 | $763 |
| 1 adult 1 child | $795 | $463 | $711 | $459 | $630 |
| 2 adults | $604 | $575 | $909 | $0 | $608 |
| 1 adult | $581 | $314 | $455 | $0 | $526 |
Safety trends & Data
Appanoose County, Iowa has seen a noteworthy decline in property crimes over the last five years, with larceny-theft arrests dropping from 68.00 in 2018 to 25.00 in 2022 and burglaries from 21.00 incidents to 9.00 in the same period. While arson and motor vehicle theft remain infrequent, the overall reduction in crime can be reassuring for investors and real estate professionals, possibly signaling a safer environment for new developments or relocations. This trend might also boost property... Read more
Property Crime Trends in Appanoose County, IA Over the Last 5 Years
Appanoose County, Iowa has experienced a noticeable decline in several property crimes over the last five years. Larceny-theft, which peaked at 68.0 arrests in 2018, has decreased to 25.0 arrests by 2022. Burglary has dropped from 21.0 incidents in 2018 to 9.0 in both 2020 and 2022. While arson and motor vehicle theft have had occasional occurrences, they remain relatively infrequent. Investors and real estate professionals might find the declining trend in property crimes reassuring, potentially signaling a safer environment for new developments or relocations. This trend could also impact property values positively, making the county an attractive option for homeowners and businesses.
Demographics
Appanoose County, Iowa's 2022 demographic data showcases a fairly balanced gender distribution among adults and a notable concentration of age in both younger and retirement age brackets, with the 55 to 64 and under-10 groups being quite prominent. The county's education landscape is dominated by high school graduates and those with some college experience, while residents with bachelor's degrees and higher education form a smaller group. Racial composition is predominantly White, with very... Read more
Race Distribution in Appanoose County, Iowa (2022)
Educational Attainment in Appanoose County, Iowa (2022)
Age Distribution in Appanoose County, Iowa
Citizen Population in Appanoose County, Iowa (2022)
Political Trends & Data
In Appanoose County, Iowa, real estate trends could be somewhat influenced by its potentially conservative leanings, as indicated by the 70% vote share for the Republican candidate in the last presidential election. This demographic trend might affect the types of properties in demand and the overall housing market dynamics, catering more towards traditional and possibly larger family homes, with a specific preference for suburban or rural settings. Buyers and investors should consider these... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Appanoose County, Iowa, the Republican candidate potentially commanded a strong lead with nearly 70% of the vote, while the Democrat candidate appeared to trail significantly around 29%. Minor parties like the Libertarian and Green parties, along with other candidates, combined for a small fraction of the overall vote. This distribution might reflect a prevailing conservative inclination within the county electorate.
69.40% of voters voted for the Republican party in the 2020 Presidential Election
29.02% of voters voted for the Democrat party in the 2020 Presidential Election
1.10% of voters voted for the Livertarian party in the 2020 Presidential Election
0.14% of voters voted for the Green party in the 2020 Presidential Election
0.34% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Appanoose County, Iowa, the student-to-teacher ratio has generally trended upward over the past decade, peaking at 14.25 in 2022 and slightly dipping to 13.67 in 2023. This aligns the county with the national average of 14 students per teacher, suggesting a stable educational environment that could appeal to families prioritizing education. For investors and real estate professionals, this indicates manageable class sizes and a key point of interest when assessing the area's overall... Read more
Student-to-teacher ratio in Appanoose County, Iowa over the last 10 years
Over the past decade, the student-to-teacher ratio in Appanoose County, Iowa has fluctuated but generally trended upward, peaking at 14.25 in 2022 before slightly dipping to 13.67 in 2023. This places the county around the national average of 14 students per teacher. For investors, real estate agents, and those looking to move to the area, these numbers suggest a relatively stable educational environment, hinting that class sizes are manageable and comparable to broader national standards. This stability might be attractive for families prioritizing education, while also being a key consideration for appraisors and insurance agents assessing the locale's overall appeal.
