Butler County Real Estate and Livability Trends
Butler County, Iowa's real estate market reveals enticing trends for potential investors and budget-conscious buyers. Median home values have increased from $107,400 in 2015 to $146,300 in 2022, though they still lag behind state and national averages, hinting at affordable opportunities in a growing market. Economic indicators like rising average taxable incomes and stable tax liabilities... Read more
Butler County Market Trends
Median home values in Butler County, Iowa have jumped from $107,400 in 2015 to $146,300 in 2022, still lagging behind state and national averages, making it an attractive option for budget-conscious buyers and investors. Residential energy tax credits have shown erratic patterns, peaking at $1,029.41 in 2014 and dipping to $411.11 in 2020, reflecting inconsistent investments in energy efficiency.... Read more
Median Value of Occupied Housing Units in Butler County, Iowa Over the Last 8 Years
The median home values in Butler County, Iowa, have been on a substantial upward trend over the past 8 years, escalating from $107,400 in 2015 to $146,300 in 2022, marking a significant increase of around $38,900. While this growth is impressive, the county's median values are still trailing behind both the state and national averages. In comparison, Iowa's median home value rose from $129,200 to $181,600 within the same period, and the national median surged from $125,500 to $179,400. This relative affordability might appeal to investors and homebuyers looking for lower entry points in a market that shows robust growth yet remains less expensive than broader geographies.
Residential Energy Tax Credit Per Tax Return in Butler County, IA Over the Last 8 Years
Over the past eight years, Butler County, Iowa has seen considerable fluctuations in the average residential energy tax credit per tax return. Peaks were observed in 2014 with credits averaging $1,029.41 and notable lows in 2020 at $411.11. These variances indicate changing investment levels and perhaps shifts in energy efficiency initiatives or local economic conditions, making it crucial for investors and homeowners to understand these dynamics when considering energy-efficient renovations or new constructions.
Average Real Estate Taxes Per Tax Return in Butler County, IA Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Butler County, Iowa have generally trended upwards, seeing a notable increase from approximately $2,251.23 in 2012 to $3,560.00 by 2021. This upward trend is significant for potential investors and property developers as it may impact overall investment returns and project viability. Real estate agents and appraisers might also note this steady increase as it could influence market valuations and buyer affordability. For insurance agents and those considering moving to the area, adjusting expectations for higher property tax costs will be important.
Percentage of Farm Returns in Butler County, IA Over the Last 10 Years
Over the past decade, the percentage of farm returns in Butler County, Iowa has generally fluctuated around 13.0% to 13.8%. Such returns are tax filings by farms, indicating the economic contributions of agriculture in the area. The slight variability suggests a stable yet somewhat fluctuating agricultural economy which could be appealing to potential investors looking for consistency with moderate growth opportunities. This data is particularly relevant for those considering investing, moving, or building in a region where farming is a steady economic backbone.
Number of Mortgages by Occupancy Type in Butler County, IA Over the Last 5 Years in Butler County
Butler County, Iowa has seen notable fluctuations in mortgage counts, especially for principal residences, showing peaks in 2020 and 2021 with 907 and 922, respectively. Investment property mortgages have remained steady but comparatively low, and second residences have consistently registered minimal activity. These variations in occupancy types might impact investment decisions, property valuations, and insurance considerations as they reflect shifts in demand and potential risk profiles for different property uses. Understanding these trends can help real estate agents, investors, and residents make better-informed choices.
Economic Outlook
Over the past nine years, Butler County, Iowa has seen a steady rise in average taxable income per tax return, climbing from approximately $54,439.04 in 2013 to about $68,247.51 in 2021. This rise, especially noticeable post-2017, suggests stronger economic activity. Concurrently, state and local income taxes have fluctuated, peaking around $7,200.00 in 2018-2019 before stabilizing near $7,087.50 in 2021. Additionally, tax liability per tax return followed a similar growth pattern, reaching a... Read more
Average Taxable Income per Tax Return in Butler County, IA over the last 9 years
Over the past nine years, Butler County, Iowa has experienced a steady increase in average taxable income per tax return. Starting at around $54,439.04 in 2013, it has climbed to roughly $68,247.51 in 2021. The most significant jumps occurred after 2017, reflecting potentially stronger economic activity or changes in local conditions. This positive trend in income might make Butler County an appealing location for potential investors, property developers, and new residents looking to capitalize on a seemingly growing local economy.
Average State and Local Income Taxes Per Tax Return in Butler County, IA Over the Last 10 Years
Butler County, Iowa has seen notable fluctuations in average state and local income taxes per tax return over the past decade. After a steady increase to around $6,225.34 in 2013, there's a dramatic spike to over $7,200.00 in 2018-2019 before slightly decreasing to $5,595.83 in 2020 and stabilizing around $7,087.50 in 2021. This variability reflects shifting economic conditions and fiscal policies, creating a dynamic environment for investors and residents alike. Potential homeowners and businesses should consider these trends for long-term financial planning in Butler County.
Average Total Tax Liability Per Tax Return in Butler County, IA Over the Last 10 Years
Investment in Butler County, Iowa shows a fluctuating yet promising trend in tax liability per tax return over the past decade. From a high of $7,424.86 in 2012, the figure initially dipped before peaking at $8,512.68 in 2021. This upward trend indicates potential economic growth and higher incomes, essentials for prospective investors, developers, and those considering relocating. The growth bolster the county's appeal, signaling an increase in property value and an expanding economic base.
Cost of Living in Butler County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,058 | $1,452 | $1,777 | $1,063 | $1,229 |
1 adult 4 children | $1,058 | $1,186 | $1,358 | $1,063 | $1,381 |
2 adults 3 children | $1,058 | $1,186 | $1,542 | $1,063 | $1,004 |
1 adult 3 children | $1,058 | $968 | $1,123 | $1,063 | $1,126 |
2 adults 2 children | $795 | $971 | $1,307 | $927 | $867 |
1 adult 2 children | $795 | $725 | $888 | $927 | $834 |
2 adults 1 child | $795 | $767 | $1,073 | $485 | $792 |
1 adult 1 child | $795 | $496 | $654 | $485 | $663 |
2 adults | $604 | $616 | $838 | $0 | $629 |
1 adult | $581 | $336 | $419 | $0 | $548 |
Safety trends & Data
Investors and prospective residents should note a fluctuating yet somewhat steady pattern of property crimes in Butler County, Iowa over the past five years. Burglary incidents increased significantly from 2018 to 2020, while larceny-theft held a more stable rate. Vandalism saw a slight uptick in 2021 but tapered off by 2022. Motor vehicle theft and forgery appear infrequently, suggesting they are less common but still relevant. These crime trends could influence risk assessments and property... Read more
Property Crime Trends in Butler County, IA Over the Last 5 Years
Investors and prospective residents should note a fluctuating yet somewhat steady pattern of property crimes in Butler County, Iowa over the past five years. Burglary incidents appear to have notably increased from 2018 to 2020, while larceny-theft holds a lower and more stable rate. Vandalism saw a slight upturn in 2021 but tapered off by 2022. Interestingly, motor vehicle theft and forgery made minor appearances, suggesting these are less common but still relevant concerns. For insurance agents and real estate professionals, these trends could influence risk assessments and property valuations in the area.
Demographics
Butler County, Iowa displays some intriguing demographic patterns. It has a slightly higher female population compared to males. The community largely identifies as White, with small representations of other racial groups. There is a prevalent level of high school education, but fewer residents hold graduate or professional degrees. Age distribution skews towards older age brackets, suggesting potential focus areas for healthcare and senior... Read more
Race Distribution in Butler County, Iowa (2022)
Educational Attainment in Butler County, Iowa (2022)
Age Distribution in Butler County, Iowa
Citizen Population in Butler County, Iowa (2022)
Political Trends & Data
Butler County, Iowa, saw a strong Republican leaning in the 2020 U.S. Presidential Election with approximately 69% of the vote. Democrats secured just under 30%, while third parties like the Libertarians and Greens collectively received less than 1%. This suggests a potential preference for conservative policies in the area and limited local support for third-party platforms, possibly reflecting broader socio-political trends within the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Butler County, Iowa, the 2020 U.S. Presidential Election results potentially highlight a significant leaning towards the Republican party, with around 69% of the votes. Democrats garnered just under 30%, suggesting that the region might generally favor conservative policies. Lesser-known parties like the Libertarian and Green received minimal support, collectively accounting for less than 1% of the vote, which could imply limited local traction for third-party platforms. This voting pattern possibly reflects broader socio-political trends within the county.
68.61% of voters voted for the Republican party in the 2020 Presidential Election
29.93% 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
0.17% of voters voted for the Green party in the 2020 Presidential Election
0.44% of voters voted for the Other party in the 2020 Presidential Election
School Data
Butler County, Iowa's student-to-teacher ratio has declined over the past decade, now sitting below the national average of fourteen students per teacher. This trend could suggest smaller class sizes and more personalized instruction, an appealing factor for families looking to invest in property or relocate. Real estate agents may find this data useful in highlighting the quality of local schools, potentially impacting property valuations and... Read more
Student-to-teacher ratio in Butler County, Iowa over the last 10 years
Butler County, Iowa has exhibited a generally decreasing trend in the student-to-teacher ratio over the last decade, dipping below the current national average of fourteen students per teacher in recent years. This could signal smaller class sizes, potentially allowing for more personalized instruction and better student outcomes. For those considering investing in property or moving to Butler County, the favorable student-to-teacher ratio might indicate a more appealing education environment. Real estate agents could leverage this data to highlight the quality of local schools, while appraisers and insurance agents might see it as a factor in property valuations and risk assessments.