Dallas County Real Estate and Livability Trends
Dallas County, Iowa's average taxable income per tax return has steadily risen from $88,274.06 in 2013 to $128,949.49 in 2021, indicating economic stability and rising prosperity. Home values have surged from $190,700 in 2015 to $314,900 in 2022, outpacing both state and national growth. Real estate taxes per return have more than doubled since 2012, reflecting property value appreciation but... Read more
Dallas County Market Trends
Home values in Dallas County, Iowa, have surged from $190,700 in 2015 to $314,900 in 2022, outpacing both state ($129,200 to $181,600) and national ($125,500 to $179,400) growth. A striking spike in residential energy tax credits occurred in 2018, averaging $4,355.56 per return, suggesting a push for energy-efficient investments that year. The average real estate taxes per tax return rose from... Read more
Median Value of Occupied Housing Units in Dallas County, Iowa Over the Last 8 Years
Home values in Dallas County, Iowa, have seen substantial growth over the past eight years, rising from $190,700 in 2015 to $314,900 in 2022. This far outpaces the state of Iowa's growth, where median home values increased from $129,200 to $181,600 in the same period. Nationally, the median value climbed from $125,500 to $179,400. This suggests Dallas County may be a particularly strong market for both current homeowners and potential investors, given its more rapid appreciation compared to broader state and national trends.
Residential Energy Tax Credit Per Tax Return in Dallas County, IA Over the Last 9 Years
Residential energy tax credits in Dallas County, Iowa experienced a significant spike in 2018, reaching an average of $4,355.56 per return, nearly quadruple the norms of previous and subsequent years. Prior to this, the averages hovered around $1,100 to $1,200, with noticeable fluctuations but never approaching the 2018 peak. Post-2018, the credits stabilized around the $1,000 to $1,300 range. Such variability suggests an exceptional incentive or uptake in energy-efficient investments during 2018, making it an intriguing year for both current and prospective residents or investors analyzing energy-saving opportunities and related financial perks in the county.
Average Real Estate Taxes Per Tax Return in Dallas County, IA Over the Last 10 Years
Dallas County, Iowa has seen a consistent increase in average real estate taxes per tax return over the last decade. Starting from $3,919.05 in 2012, the average has steadily risen to $7,127.41 in 2021. This trend might signal appreciation in property values, making it a compelling case for potential investors and real estate professionals eyeing market growth. However, rising taxes could impact affordability and should be considered by potential buyers, builders, and appraisers when assessing the long-term viability of property investments in the county.
Percentage of Farm Returns in Dallas County, IA Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Dallas County, Iowa declined from approximately 2.82% in 2012 to around 1.93% in 2021. Farm tax returns represent a segment of tax filings where income is derived primarily from agricultural activities, reflecting the economic health and viability of farming in the region. A decrease in these returns could indicate shifts in land use, economic pressures on farming, or changing demographics, all crucial factors for those considering investment, relocation, or development in Dallas County.
Number of Mortgages by Occupancy Type in Dallas County, IA Over the Last 5 Years in Dallas County
The mortgage data for Dallas County, Iowa over the last five years shows notable trends in occupancy types. Principal residences consistently dominate, with the highest numbers peaking in 2020. Investment properties follow, showing a steady but smaller volume, while second residences make up a very minor proportion. For investors, shifts in the number of investment property mortgages could indicate changing attractiveness or economic conditions. For real estate agents and builders, the strong demand for principal residences suggests robust market activity and opportunities for development. Insurance agents and appraisers should be aware that the prevalence of different property types might affect risk profiles and valuation considerations. This evolving occupancy landscape can guide strategic decisions for anyone interested in the county's real estate market.
Economic Outlook
Average taxable income per tax return in Dallas County, Iowa, has seen a consistent upward trend, jumping from $88,274.06 in 2013 to $128,949.49 by 2021, which could signal economic stability and rising prosperity. Meanwhile, state and local income taxes have surged from $7,920.16 in 2012 to $20,913.77 in 2021, reflecting robust economic growth but also potentially higher tax burdens. The average tax liability per return has similarly risen, marking a financial landscape that might appeal to... Read more
Average Taxable Income per Tax Return in Dallas County, IA over the last 9 years
Average taxable income per tax return in Dallas County, Iowa has been on a generally upward trajectory over the last nine years. From $88,274.06 in 2013 to $128,949.49 in 2021, there has been noticeable growth, particularly post-2017. This could be significant for potential investors, residents, and property developers as it may suggest economic stability and rising prosperity in the area.
Average State and Local Income Taxes Per Tax Return in Dallas County, IA Over the Last 10 Years
Over the past decade, Dallas County, Iowa has seen a significant rise in average state and local income taxes per tax return, increasing from $7,920.16 in 2012 to $20,913.77 in 2021. This substantial growth, especially marked by the leap to $15,772.47 in 2018, indicates a robust economic expansion which may be attractive for investors and potential property developers. Such trends suggest a flourishing community with potentially increased public investment, yet also signal a higher tax burden that could impact residential and business decisions.
Average Total Tax Liability Per Tax Return in Dallas County, IA Over the Last 10 Years
Over the last decade, Dallas County, Iowa has seen a notable rise in the average tax liability per return, climbing from $15,168.17 in 2012 to $25,313.96 by 2021. This steady increase indicates a growing affluence in the area, attractive for potential investors and new residents. The fluctuations, particularly the significant jump between 2020 and 2021, might hint at economic resilience and potential tax policy changes, showcasing an evolving financial landscape.
Cost of Living in Dallas County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,620 | $1,629 | $1,712 | $2,087 | $1,934 |
| 1 adult 4 children | $1,620 | $1,330 | $1,316 | $2,087 | $2,130 |
| 2 adults 3 children | $1,620 | $1,331 | $1,482 | $2,087 | $1,661 |
| 1 adult 3 children | $1,620 | $1,086 | $1,086 | $2,087 | $1,852 |
| 2 adults 2 children | $1,181 | $1,089 | $1,252 | $1,836 | $1,252 |
| 1 adult 2 children | $1,181 | $814 | $856 | $1,836 | $1,364 |
| 2 adults 1 child | $1,181 | $861 | $1,022 | $1,018 | $1,044 |
| 1 adult 1 child | $1,181 | $556 | $626 | $1,018 | $966 |
| 2 adults | $978 | $692 | $792 | $0 | $751 |
| 1 adult | $870 | $377 | $396 | $0 | $637 |
Safety trends & Data
Dallas County, Iowa has experienced fluctuating property crime trends over the last five years. Larceny-theft peaked at 68.00 instances in 2022, and vandalism more than doubled from 2018 to 2022, which could impact insurance costs and appraisals. Though burglary incidents remain relatively stable, the slight uptick could factor into real estate decisions. Despite these trends, overall property crime rates are moderate, potentially making the area still appealing for new investments and... Read more
Property Crime Trends in Dallas County, IA Over the Last 5 Years
Dallas County, Iowa has shown fluctuating property crime trends over the last five years. Larceny-theft has consistently high numbers, peaking at 68.00 instances in 2022, suggesting continued vigilance is needed. Vandalism also saw a significant rise, more than doubling from 2018 to 2022, which could impact insurance costs and appraisals. Burglary incidents are relatively stable, but the slight uptick and steady occurrences may factor into real estate decisions and community safety considerations. Despite these trends, overall property crime rates remain moderate, which might still make the area appealing for new investments and development.
Demographics
Dallas County, Iowa offers a balanced gender distribution in its adult population. Educational attainment trends slightly higher for those with a bachelor's degree or higher. The area shows a predominant white demographic, with notable diversity coming from smaller populations of Black, Asian, and other races. Age groups in the county are substantially composed of individuals under 45, hinting at a younger, potentially dynamic... Read more
Race Distribution in Dallas County, Iowa (2022)
Educational Attainment in Dallas County, Iowa (2022)
Age Distribution in Dallas County, Iowa
Citizen Population in Dallas County, Iowa (2022)
Political Trends & Data
Dallas County, Iowa's real estate market might be subtly influenced by its competitive political landscape. With a nearly even split in presidential election votes—Republicans claiming just over 50% and Democrats about 48%—the area shows potential for diverse political preferences. This balance between major parties could suggest a dynamic community that may attract residents valuing political engagement and diverse... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Election results in Dallas County, Iowa suggest a lean towards Republican preferences, with just over 50% of the vote, while Democrats secured roughly 48%. The presence of Libertarian and Green party votes, though significantly lower, indicates some degree of political diversity. The narrow margin between the top two parties hints at a potentially competitive political landscape in future elections.
50.27% of voters voted for the Republican party in the 2020 Presidential Election
47.98% of voters voted for the Democrat party in the 2020 Presidential Election
1.33% of voters voted for the Livertarian party in the 2020 Presidential Election
0.10% 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
Over the past decade, the student-to-teacher ratio in Dallas County, Iowa has edged upwards from 15 students per teacher in 2014 to nearly 17 in 2023, suggesting growing class sizes and potentially strained educational resources compared to the national average of 14 students per teacher. This trend could indicate a need for more educational infrastructure, which may be a critical factor for prospective investors, residents, and real estate agents. Additionally, this data could influence risk... Read more
Student-to-teacher ratio in Dallas County, Iowa over the last 10 years
Over the past decade, the student-to-teacher ratio in Dallas County, Iowa, has generally trended upwards, edging from 15 students per teacher in 2014 to nearly 17 in 2023. This trend may be important for prospective investors, residents, and real estate agents as it could suggest growing class sizes and potentially strained educational resources compared to the national average of 14 students per teacher. For those considering building property or moving to the area, this may indicate a need for more educational infrastructure to maintain a quality learning environment. Insurance agents and appraisers might also find this data relevant for assessing risk premiums and property values, respectively, as the quality of local schools often impacts both.
