Cherokee County Real Estate and Livability Trends
Cherokee County, Iowa, has witnessed a notable rise in median home values, from $84,200 in 2015 to $145,300 in 2022, exceeding statewide and national growth rates. Accompanying this are nearly doubled real estate taxes over the past decade, possibly due to upgraded local infrastructure. A significant increase in residential energy tax credits, from $350.00 in 2017 to $933.33 in 2020, indicates a... Read more
Cherokee County Market Trends
Cherokee County, Iowa, has seen a sharp increase in median home values, rising from $84,200 in 2015 to $145,300 in 2022, outpacing the statewide and national growth rates. This could make it an increasingly attractive area for real estate investment given its more affordable market compared to broader averages. The average residential energy tax credit per tax return has also surged, from $350.00... Read more
Median Value of Occupied Housing Units in Cherokee County, Iowa Over the Last 8 Years
Median home values in Cherokee County, Iowa have shown significant growth over the past eight years, with a jump from $84,200 in 2015 to $145,300 in 2022. This local growth rate appears particularly strong when compared to the statewide increase, where median values only rose from $129,200 to $181,600 in the same period. On a national scale, the trend saw U.S. median values increase from $125,500 to $179,400. For investors or anyone looking to relocate or build in Cherokee County, this robust upward trend may suggest an increasingly attractive area for real estate investment, though it still remains more affordable than both the state and national averages.
Residential Energy Tax Credit Per Tax Return in Cherokee County, IA Over the Last 8 Years
Through fluctuations over the past eight years, Cherokee County, Iowa has seen notable changes in its average residential energy tax credit per tax return. After peaking at $650.00 in 2014, the credit dipped to as low as $350.00 in 2017. A significant increase occurred in 2019 with a credit of $760.00 and reached $933.33 in 2020, indicating a growing trend toward energy-efficient investments. This steady rise, despite some fluctuations, suggests a heightened awareness and adoption of sustainable energy solutions among residents, highlighting an attractive opportunity for investors and developers keen on green technology and sustainable living solutions.
Average Real Estate Taxes Per Tax Return in Cherokee County, IA Over the Last 10 Years
Cherokee County, Iowa has experienced a marked increase in real estate taxes over the past decade. From $1,993.88 per tax return in 2012 to $3,852.94 in 2021, the trend suggests rising property valuations or tax hikes. This could be indicative of improving local infrastructure or growing community investment, which might appeal to real estate investors and homeowners considering the area. For appraisers and insurance agents, these trends may indicate a more robust real estate market, potentially translating into higher property values and premiums.
Percentage of Farm Returns in Cherokee County, IA Over the Last 10 Years
In Cherokee County, Iowa, the percentage of farm tax returns has shown modest fluctuations over the past decade, hovering around a narrow band between approximately 12.39% to 13.11%. The highest point was in 2014 at around 13.11%, but the numbers have recently dipped to 11.88% in 2020, rising slightly to 12.19% in 2021. This trend can offer insights for those interested in agricultural investments, property development, or simply better understanding the county's economic landscape, indicating a generally consistent presence of farming activity with some minor variance. Farm tax returns highlight agricultural income and economic contributions, serving as a useful metric for gauging the health and changes in the local farming sector.
Number of Mortgages by Occupancy Type in Cherokee County, IA Over the Last 5 Years in Cherokee County
Cherokee County, Iowa has exhibited noticeable fluctuations in mortgage counts by occupancy type over the last five years. Principal residences overwhelmingly dominate the mortgage scene, peaking at 403 in 2021. Investment property mortgages, albeit smaller in volume, have shown a more varied pattern, doubling from 11 in 2018 to 22 in 2021. Second residences consistently trail with negligible counts. These shifts could be pivotal for investors and real estate agents as they illustrate evolving demand for different types of occupancy, potentially influencing property values and market strategies. Insurers and appraisers might also find these trends useful in risk assessment and property valuation.
Economic Outlook
The average taxable income per tax return in Cherokee County, Iowa rose from $53,597.91 in 2013 to $69,316.06 in 2021, suggesting potential economic strengthening. The average state and local income taxes per tax return saw fluctuations over the past decade, peaking at $10,411.11 in 2019, reflecting possible policy changes and economic shifts. Similarly, the average tax liability per tax return fluctuated, reaching a peak of $9,443.18 in 2021 after dipping to $7,513.83 in 2018. These financial... Read more
Average Taxable Income per Tax Return in Cherokee County, IA over the last 9 years
The average taxable income per tax return in Cherokee County, Iowa has experienced a generally upward trend over the last nine years, showing a notable increase from $53,597.91 in 2013 to $69,316.06 in 2021. This steady rise may suggest a strengthening local economy and potentially higher average wages, which could be appealing for prospective investors, new residents, and property developers. While the growth has not been entirely linear, with some small fluctuations, the overall trajectory seems positive.
Average State and Local Income Taxes Per Tax Return in Cherokee County, IA Over the Last 10 Years
In Cherokee County, Iowa, average state and local income taxes per tax return have shown significant fluctuations over the past 10 years. Peaks were observed in 2015 ($7,943.56), 2018 ($8,200.00), and a notable spike in 2019 reaching $10,411.11, reflecting economic shifts and potential policy changes. These variations can impact decisions for potential investors, new residents, or property developers looking for insights into long-term tax commitments in the region. Consistent changes highlight the need for financial adaptability for anyone invested in or planning to move to Cherokee County.
Average Total Tax Liability Per Tax Return in Cherokee County, IA Over the Last 10 Years
Cherokee County, Iowa has experienced fluctuations in average tax liability per tax return over the past decade, peaking at $9,443.18 in 2021 after a notable dip to $7,513.83 in 2018. These changes reflect economic shifts and can influence decisions for potential investors or those considering moving or establishing businesses in the county. For those looking to settle in Cherokee County, understanding these tax trends is essential for financial planning and predicting future liabilities.
Cost of Living in Cherokee County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,130 | $1,335 | $2,105 | $993 | $1,286 |
| 1 adult 4 children | $1,130 | $1,090 | $1,612 | $993 | $1,428 |
| 2 adults 3 children | $1,130 | $1,091 | $1,826 | $993 | $1,051 |
| 1 adult 3 children | $1,130 | $890 | $1,332 | $993 | $1,161 |
| 2 adults 2 children | $795 | $893 | $1,546 | $866 | $874 |
| 1 adult 2 children | $795 | $667 | $1,053 | $866 | $825 |
| 2 adults 1 child | $795 | $706 | $1,267 | $454 | $800 |
| 1 adult 1 child | $795 | $456 | $773 | $454 | $659 |
| 2 adults | $704 | $567 | $987 | $0 | $673 |
| 1 adult | $581 | $309 | $494 | $0 | $545 |
Safety trends & Data
Cherokee County, Iowa, has experienced fluctuating but generally low levels of property crime over the past five years, with notable variances in fraud and larceny-theft cases. Fraud incidents peaked at 20 cases in 2018, while 2020 saw a spike in larceny-theft, hitting 14 cases. Interestingly, burglary and vandalism have remained stable, averaging between 2 and 6 incidents annually. This trend can offer valuable insights for investors and real estate agents in assessing risks more... Read more
Property Crime Trends in Cherokee County, IA Over the Last 5 Years
Cherokee County, Iowa has seen fluctuating but relatively low instances of property crime over the past five years, with fraud and larceny-theft cases showing the most variation. In particular, fraud incidents peaked in 2018 with 20 reported cases, while larceny-theft saw a significant spike in 2020, reaching 14 cases. Notably, burglary and vandalism have maintained fairly stable levels, averaging between 2 and 6 incidents annually. This information is potentially crucial for investors, real estate agents, and insurance agents to assess risks and property values more accurately.
Demographics
Cherokee County, Iowa, exhibits a relatively balanced gender distribution among adults and a predominantly white racial makeup, with minimal representation from other races. Educational attainment is generally concentrated at the high school level, but a notable portion of the population has pursued higher education, particularly bachelor's and graduate degrees. Age-wise, the county shows a diverse range, though there is a noticeable cluster in the 55 to 64 age bracket, suggesting a potentially... Read more
Race Distribution in Cherokee County, Iowa (2022)
Educational Attainment in Cherokee County, Iowa (2022)
Age Distribution in Cherokee County, Iowa
Citizen Population in Cherokee County, Iowa (2022)
Political Trends & Data
Cherokee County, Iowa, leaned heavily Republican in the 2020 U.S. Presidential Election, with Republicans possibly securing roughly 69% of the vote, while Democrats seem to have gathered just under 30%. This significant partisan gap highlights strong two-party dominance in the area, with third-party candidates collectively garnering a minimal... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Cherokee County, Iowa, leaned heavily Republican in the 2020 U.S. Presidential Election, with Republicans possibly securing roughly 69% of the vote. Democrats appear to have gathered just under 30%, highlighting a significant partisan gap. Third-party candidates, including Libertarians and the Green Party, seem to have collectively garnered a minimal share, indicating a strong two-party dominance in this area.
69.19% of voters voted for the Republican party in the 2020 Presidential Election
29.70% of voters voted for the Democrat party in the 2020 Presidential Election
0.74% 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
Cherokee County, Iowa's student-to-teacher ratio has seen major swings over the past decade, significantly deviating from the national average of 14 students per teacher. From 2019 to 2022, the ratio surged to a peak of 35 students per teacher before normalizing to approximately 14 in 2023. This volatility in educational metrics could potentially impact local real estate desirability for families, influence school funding, and alter teacher workloads—which are key factors for appraisals and... Read more
Student-to-teacher ratio in Cherokee County, Iowa over the last 10 years
Cherokee County, Iowa has experienced significant fluctuations in its student-to-teacher ratio over the past decade. While the ratio hovered close to the national average of 14 students per teacher from 2014 to 2018, dramatic spikes occurred from 2019 through 2022, reaching a peak of 35 students per teacher in 2022. However, it returned to more typical levels in 2023 with approximately 14 students per teacher. Such volatility could influence educational outcomes and may affect the desirability of the area for families, real estate agents, and investors. Impacts on school funding, teacher workloads, and classroom sizes could also be significant considerations for appraisals and insurance assessments.
