Clarke County Real Estate and Livability Trends
Clarke County, Iowa's real estate market is on an intriguing upswing, with median home values rising from $91,200.00 in 2015 to $127,200.00 in 2022, suggesting increasing property appeal. However, the hefty jump in real estate taxes, from $2,588.16 in 2012 to $4,100.00 by 2021, means potential buyers should factor higher tax rates into their investment plans. The steady dominance of primary... Read more
Clarke County Market Trends
Clarke County, Iowa, has seen a notable rise in median home values from $91,200 in 2015 to $127,200 in 2022, making it a more affordable alternative compared to the state's average increase. Real estate taxes have also risen from about $2,588.16 in 2012 to around $4,100.00 by 2021, suggesting either growing property values or higher tax rates that investors and property owners must consider.... Read more
Median Value of Occupied Housing Units in Clarke County, Iowa Over the Last 8 Years
Clarke County, Iowa has experienced a gradual climb in median home values, rising from $91,200 in 2015 to $127,200 in 2022. While this appreciation trend mirrors the state of Iowa, which went from $129,200 to $181,600 over the same period, Clarke County still remains more affordable, offering potential buyers better value relative to the state and national levels. Nationally, median values surged from $125,500 in 2015 to $179,400 in 2022, suggesting that Clarke County could be an attractive option for those priced out of other markets. This affordability could appeal to investors and first-time homebuyers seeking to maximize their investments or minimize costs without sacrificing property value growth.
Residential Energy Tax Credit Per Tax Return in Clarke County, IA Over the Last 8 Years
Over the past eight years, Clarke County, Iowa, has seen notable fluctuations in average residential energy tax credits per tax return, peaking at $1,100.00 in 2017. This suggests significant incentives for energy-efficient home improvements, which can be attractive for prospective homeowners and investors. The substantial credits in recent years highlight local and state efforts to promote sustainable living practices, making the county a compelling option for environmentally conscious individuals and those looking to invest in green technologies.
Average Real Estate Taxes Per Tax Return in Clarke County, IA Over the Last 10 Years
Real estate taxes in Clarke County, Iowa, have shown a generally upward trend over the last decade, starting from around $2,588.16 in 2012 and rising to approximately $4,100.00 by 2021. A notable jump occurred between 2016 and 2018, reflecting an increase of roughly $755.45. This trend could suggest growing property values or increased tax rates, making it crucial for potential investors, property developers, and homeowners to factor in higher tax obligations. Real estate agents and appraisers may find this data indicative of a strengthening market, whereas insurance agents might consider the implications on coverage costs.
Percentage of Farm Returns in Clarke County, IA Over the Last 10 Years
Over the past decade, Clarke County, Iowa's farm returns have trended downward, stabilizing around 11.78% in 2021 compared to a high of approximately 14.75% in 2012. This subtle yet consistent decline may indicate shifts in the local agricultural economy or broader industry trends. Investors, potential residents, or anyone eyeing property development should note the trend's potential impact on local farming profitability and land value. Farm tax returns refer to the proportion of tax returns that farming operations file, providing insight into the agricultural sector's economic health in the county.
Number of Mortgages by Occupancy Type in Clarke County, IA Over the Last 5 Years in Clarke County
In Clarke County, Iowa, over the past five years, principal residence mortgages have consistently dominated the market, substantially outnumbering both investment and second residence mortgages. This trend indicates a robust demand for primary homes, which could make Clarke County appealing for family-centric developments and community projects. Investment property mortgages have shown steady but moderate growth, suggesting a niche but stable interest in real estate investment. Second residence mortgages remain negligible, hinting at a limited market for vacation homes or secondary dwellings. This dynamic is important for investors, insurers, and real estate professionals as it reflects residential stability and demand, informing decisions on property development, valuation, and risk assessment.
Economic Outlook
Clarke County, Iowa has experienced a notable rise in average taxable income per tax return, moving from $43,471.93 in 2013 to $56,418.24 in 2021, suggesting a potentially strengthening local economy. Similarly, average state and local income taxes per tax return have jumped from $4,513.70 in 2012 to as high as $8,533.33 in 2019, indicating possible higher incomes and enhanced financial contributions to the local economy. The total tax liability per tax return has also seen a consistent... Read more
Average Taxable Income per Tax Return in Clarke County, IA over the last 9 years
Over the past nine years, Clarke County, Iowa has seen a gradual increase in average taxable income per tax return, rising from $43,471.93 in 2013 to $56,418.24 in 2021. This upward trend might indicate a strengthening local economy and could be an appealing factor for potential investors and individuals considering relocation. With such steady income growth, developing property or starting a business in Clarke County could be attractive prospects as the area possibly offers an incrementally rising lucrative market.
Average State and Local Income Taxes Per Tax Return in Clarke County, IA Over the Last 10 Years
Average state and local income taxes per tax return in Clarke County, Iowa have shown significant growth over the past decade. From $4,513.70 in 2012 to a peak of $8,533.33 in 2019, the tax burden has increased, reflecting potential economic improvements and possibly higher incomes. This trend is crucial for potential investors and residents as it indicates rising financial contributions and investment in the local economy, impacting budget allocations, infrastructure, and public services.
Average Total Tax Liability Per Tax Return in Clarke County, IA Over the Last 10 Years
Clarke County, Iowa has seen a steady increase in average total tax liability per tax return over the last decade, climbing from $5,103.67 in 2012 to $6,677.08 in 2021. This consistent uptick highlights significant economic growth and potentially rising incomes in the county, which could be appealing to investors and individuals looking to relocate or establish businesses. Such a trend may also impact real estate developments, making the area an attractive option for those seeking long-term investment opportunities.
Cost of Living in Clarke County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,113 | $1,500 | $2,105 | $1,189 | $1,417 |
| 1 adult 4 children | $1,113 | $1,225 | $1,612 | $1,189 | $1,556 |
| 2 adults 3 children | $1,113 | $1,225 | $1,826 | $1,189 | $1,160 |
| 1 adult 3 children | $1,113 | $1,000 | $1,332 | $1,189 | $1,281 |
| 2 adults 2 children | $870 | $1,003 | $1,546 | $1,037 | $978 |
| 1 adult 2 children | $870 | $749 | $1,053 | $1,037 | $957 |
| 2 adults 1 child | $870 | $793 | $1,267 | $543 | $874 |
| 1 adult 1 child | $870 | $512 | $773 | $543 | $726 |
| 2 adults | $661 | $637 | $987 | $0 | $677 |
| 1 adult | $636 | $347 | $494 | $0 | $576 |
Safety trends & Data
In Clarke County, Iowa, larceny-theft has remained the primary property crime, peaking in 2020 with 32 cases, while fraud incidents saw a significant spike in 2018 before sharply declining. Notably, arson cases suddenly rose to four in 2022 after being non-existent from 2019 to 2021. Burglary cases show annual fluctuations without a clear trend. These evolving crime patterns may impact investment decisions and insurance strategies for real estate... Read more
Property Crime Trends in Clarke County, IA Over the Last 5 Years
Clarke County, Iowa has experienced varied trends in property crime over the last five years. Larceny-theft consistently appears to be the dominant issue, with a noticeable peak in 2020 at 32 reported cases. Whereas fraud incidents spiked in 2018 and then declined sharply. Interestingly, arson saw a sudden increase in 2022, jumping from no cases in 2019, 2020, and 2021 to four cases. Burglary cases fluctuate annually but don't show a significant downward or upward trend. For investors, real estate agents, and potential movers, this evolving crime landscape might influence decisions on property investments and insurance considerations.
Demographics
In Clarke County, Iowa, the population is almost evenly split between males and females, indicating a well-balanced gender distribution. The data shows a significant majority of residents are white, with minimal representation from other racial groups, suggesting limited racial diversity. Educational attainment is varied, but a large segment of the population holds at least a high school diploma, hinting at a community with fundamental educational grounding. Age-wise, the distribution leans... Read more
Race Distribution in Clarke County, Iowa (2022)
Educational Attainment in Clarke County, Iowa (2022)
Age Distribution in Clarke County, Iowa
Citizen Population in Clarke County, Iowa (2022)
Political Trends & Data
Clarke County, Iowa, seems to exhibit a strong Republican tilt, with about 68% of its residents potentially leaning toward the GOP in the 2020 election. Democrats might only capture around 31% of the vote, while third-party candidates such as Libertarians and Greens appear to have minimal impact. This predominantly conservative political climate could play a significant role in shaping both local and national policies, reflecting the county's broader ideological... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Clarke County, Iowa, appears to lean heavily Republican, with approximately 68% of the vote possibly favoring the GOP in the 2020 election. Democrats might only attract about 31%, while third-party candidates such as Libertarians and Greens seem to garner negligible support. This trend could suggest that the county's political landscape is predominantly conservative, significantly impacting local and national elections.
67.52% of voters voted for the Republican party in the 2020 Presidential Election
31.39% of voters voted for the Democrat party in the 2020 Presidential Election
0.73% of voters voted for the Livertarian party in the 2020 Presidential Election
0.06% of voters voted for the Green party in the 2020 Presidential Election
0.30% of voters voted for the Other party in the 2020 Presidential Election
School Data
Clarke County, Iowa, has seen a gradual decrease in its student-to-teacher ratio over the past decade, hitting a low before slightly rising again in recent years. As of 2023, the ratio stands at 13, below the national average of 14. For investors, this could indicate a community with a strong focus on education, which might make it an attractive location for property investments. Families may find the lower ratio appealing for the potential of more personalized student attention, perhaps... Read more
Student-to-teacher ratio in Clarke County, Iowa over the last 10 years
Over the past decade, Clarke County, Iowa, has seen its student-to-teacher ratio fluctuate, with a general trend of decreasing until 2020, followed by a slight increase in recent years. As of 2023, the ratio stands at thirteen, which is below the national average of fourteen. These changes can impact various stakeholders: investors might see opportunities in a community prioritizing smaller class sizes, which often signifies better education quality. For families considering relocation, lower ratios could translate to more personalized attention for students. Real estate agents could highlight this trend as a selling point for homes, while insurance agents and appraisers might view it as a sign of a stable and attractive community. Builders and developers could also find these figures relevant when planning new projects that appeal to families looking for quality education.
