Bremer County Real Estate and Livability Trends
Bremer County, Iowa’s real estate market shows promising trends with median home values rising to $202,600 in 2022, surpassing both state and national averages, presenting a potentially lucrative opportunity for investors. This growth aligns with a backdrop of increasing average taxable income, which leapt from about $65,081.26 in 2013 to roughly $83,632.68 in 2021, and notable hikes in state... Read more
Bremer County Market Trends
Bremer County, Iowa's median home values have steadily risen to $202,600 in 2022, outpacing both the state's and the national median values, suggesting a potentially lucrative real estate market. The average residential energy tax credit per tax return also saw an increase, peaking at $1,438.46 in 2019, which may appeal to eco-conscious buyers and investors. Interestingly, average real estate... Read more
Median Value of Occupied Housing Units in Bremer County, Iowa Over the Last 8 Years
Bremer County, Iowa has consistently seen an upward trend in its median home values over the past eight years, culminating at $202,600 in 2022. This figure significantly surpasses both the state of Iowa's median of $181,600 and the national median of $179,400 for the same year, indicating this county as a potentially lucrative spot for real estate investment. The steady increase, especially the notable leap from 2021 to 2022, suggests robust demand and growth potential, making it an appealing area for those considering building property or relocating to a region with strong housing market performance.
Residential Energy Tax Credit Per Tax Return in Bremer County, IA Over the Last 8 Years
Over the last eight years in Bremer County, Iowa, the average residential energy tax credit per tax return saw a significant increase, notably peaking at $1,438.46 in 2019. After a low in 2014 at $555.56, there's been a general upward trend, hitting $800.00 in 2021. This rise highlights growing incentives for energy-efficient home improvements, making the area appealing for eco-conscious residents and investors.
Average Real Estate Taxes Per Tax Return in Bremer County, IA Over the Last 10 Years
Over the past decade, Bremer County, Iowa has witnessed a noticeable increase in average real estate taxes per tax return, climbing from approximately $2,851.27 in 2012 to around $4,771.67 in 2021. This gradual rise suggests that there may be underlying economic or infrastructural expansions influencing property values and taxation. For those considering investment or relocation, understanding this trend could be vital for future financial planning, as higher property taxes often correlate with enhanced local services, infrastructure, and potentially, increasing property values. Appraisers and real estate agents should be aware of these trends as they impact market evaluations and client advice.
Percentage of Farm Returns in Bremer County, IA Over the Last 10 Years
Farm tax returns in Bremer County, Iowa have shown a slight but steady decline over the past decade, dropping from roughly 8.49% in 2012 to around 7.93% by 2021. Farm tax returns are filed by landowners who use their property primarily for agricultural purposes, which can influence local economic conditions and land value trends. Understanding these percentages is crucial for potential investors, property developers, or anyone considering a move to the area, as they offer insight into the county’s agricultural sector's health and its broader economic implications.
Number of Mortgages by Occupancy Type in Bremer County, IA Over the Last 5 Years in Bremer County
Over the past five years, Bremer County, Iowa has seen fluctuations in the number of mortgages across various occupancy types. The data shows that mortgages for principal residences have significantly outnumbered those for investment properties and second residences. Notably, principal residence mortgages peaked in 2021 but have decreased since then, while investment property and second residence mortgages have remained relatively low but stable. These shifts can influence local market dynamics, making the area potentially more attractive to new homeowners than investors. This trend provides valuable insights for investors, developers, and real estate agents when considering future ventures, as it suggests a strong preference for owner-occupied housing, which could impact pricing, demand, and development opportunities.
Economic Outlook
Bremer County, Iowa has seen an upward trend in average taxable income per tax return over the last nine years, rising from around $65,081.26 in 2013 to approximately $83,632.68 in 2021. Noteworthy increases between 2017 to 2018 and 2020 to 2021, with jumps of nearly $5,000.00 and $10,000.00 respectively, hint at strong economic growth and a potentially improving job market. Concurrently, average state and local income taxes per tax return have risen significantly from $6,336.78 in 2012 to... Read more
Average Taxable Income per Tax Return in Bremer County, IA over the last 9 years
Bremer County, Iowa has experienced an upward trajectory in average taxable income per tax return over the last nine years, ascending from roughly $65,081.26 in 2013 to about $83,632.68 in 2021. This increase suggests a strengthening economic environment, potentially making it an appealing destination for investors and new residents. The most notable jumps occurred from 2017 to 2018 and from 2020 to 2021, where taxable income saw increases of almost $5,000.00 and $10,000.00 respectively. These figures could indicate robust economic growth and improving job markets, factors that can attract investment and development in the region.
Average State and Local Income Taxes Per Tax Return in Bremer County, IA Over the Last 10 Years
Bremer County, Iowa has seen a notable increase in average state and local income taxes per tax return over the last decade, jumping from $6,336.78 in 2012 to $10,749.06 in 2021. This spike, particularly significant post-2017, reflects broader economic changes and potentially increased public investment needs. For investors, homeowners, and potential movers, it's vital to consider these tax trends when evaluating fiscal responsibilities and the broader economic climate of the county.
Average Total Tax Liability Per Tax Return in Bremer County, IA Over the Last 10 Years
Over the past decade, Bremer County, Iowa has experienced significant fluctuations in average total tax liability per tax return, with values generally hovering around the $9,700 mark most years. However, 2021 marked a notable spike, surging to $12,095.32. This increase suggests potential economic changes or tax code adjustments that could be important for investors and residents to consider. Understanding these variations is essential for anyone looking to invest in property or move to the area, as they can impact overall financial planning and cost of living.
Cost of Living in Bremer County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,076 | $1,452 | $1,787 | $1,469 | $1,424 |
| 1 adult 4 children | $1,076 | $1,186 | $1,374 | $1,469 | $1,606 |
| 2 adults 3 children | $1,076 | $1,186 | $1,547 | $1,469 | $1,185 |
| 1 adult 3 children | $1,076 | $968 | $1,134 | $1,469 | $1,318 |
| 2 adults 2 children | $858 | $971 | $1,307 | $1,292 | $992 |
| 1 adult 2 children | $858 | $725 | $894 | $1,292 | $1,013 |
| 2 adults 1 child | $858 | $767 | $1,066 | $717 | $879 |
| 1 adult 1 child | $858 | $496 | $653 | $717 | $772 |
| 2 adults | $652 | $616 | $826 | $0 | $664 |
| 1 adult | $627 | $336 | $413 | $0 | $577 |
Safety trends & Data
Bremer County, Iowa has experienced significant variability in property crime over the past five years. Larceny-theft peaked in 2019 with 36.00 incidents before declining, while burglary incidents notably dropped from 22.00 in 2018 to just 3.00 in 2022, suggesting improved security. Vandalism trends were inconsistent, and motor vehicle thefts stayed relatively low. These trends could be vital for real estate investors, insurance agents, and potential movers as they affect property values,... Read more
Property Crime Trends in Bremer County, IA Over the Last 5 Years
Bremer County, Iowa has seen notable fluctuations in property crime over the past five years, particularly in categories like burglary and larceny-theft. Larceny-theft numbers peaked in 2019 with 36.00 reported incidents but saw a decline in the subsequent years, showcasing a potential reduction in such crimes. Burglary incidents decreased significantly from 22.00 in 2018 to just 3.00 in 2022, indicating a positive trend for security. Meanwhile, vandalism showed sporadic trends, and motor vehicle thefts remained relatively low but consistent. Understanding these trends could be crucial for real estate investors, insurance agents, or anyone considering a move to this region as it impacts property values, insurance premiums, and overall community safety.
Demographics
In 2022, Bremer County, Iowa, had a roughly equal gender distribution among adults, with a slight predominance of females. Educationally, a significant 23% of adults held a bachelor's degree, indicative of a well-educated populace. The age landscape showed a substantial portion of the population in their prime working years (25 to 44), and meaningful contributions from older age groups, suggesting a mature community. Racially, the county was overwhelmingly White, with small percentages of other... Read more
Race Distribution in Bremer County, Iowa (2022)
Educational Attainment in Bremer County, Iowa (2022)
Age Distribution in Bremer County, Iowa
Citizen Population in Bremer County, Iowa (2022)
Political Trends & Data
In Bremer County, Iowa, the 2020 U.S. Presidential Election leaned toward the Republican candidate, who garnered around 57% of the vote, compared to 41% for the Democrat. The limited support for third-party candidates, with Libertarians capturing just about 1% and Greens less than 2%, suggests a predominantly Republican-leaning electorate. This conservative tilt could influence local policies and potentially impact real estate regulations and market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Bremer County, Iowa, the 2020 U.S. Presidential Election results seemed to lean toward the Republican candidate, who garnered approximately 57% of the vote. The Democrat received around 41%, making it a relatively competitive showing but still a clear lead for the Republicans. Minor parties like the Libertarians and Greens barely made a dent, capturing just about 1% and less than 2%, respectively. This pattern could suggest a predominantly Republican-leaning electorate with limited support for third-party candidates.
57.23% of voters voted for the Republican party in the 2020 Presidential Election
40.96% of voters voted for the Democrat party in the 2020 Presidential Election
1.27% of voters voted for the Livertarian party in the 2020 Presidential Election
0.16% of voters voted for the Green party in the 2020 Presidential Election
0.38% of voters voted for the Other party in the 2020 Presidential Election
School Data
Bremer County, Iowa, has seen its student-to-teacher ratio fluctuate between 14 and 16 students per teacher over the past decade, dipping below the national average of 14 in 2020 and 2021. This shift might attract families seeking more personalized education and can be a significant selling point for real estate agents. Investors, insurance agents, and appraisers can also find these trends informative, as they tie directly into market desirability and... Read more
Student-to-teacher ratio in Bremer County, Iowa over the last 10 years
Bremer County, Iowa, has experienced various shifts in its student-to-teacher ratio over the past decade, fluctuating between 14 and 16 students per teacher. Notably, in 2020 and 2021, the ratio dipped below the national average of 14, perhaps indicating smaller class sizes during these years. These variations could be crucial for families considering moving to the area as lower student-to-teacher ratios often lead to more personalized education. Real estate agents and investors might also find these trends relevant, as quality education can be a strong selling point for properties. For insurance agents and appraisers, understanding these dynamics can provide context for market value assessments and risk evaluations, tying directly into the desirability and stability of the local market.
