Delaware County Real Estate and Livability Trends
In Delaware County, Iowa, average taxable incomes have climbed from $50,462.17 in 2013 to $69,319.74 in 2021, suggesting economic growth despite a spike in state and local income taxes between 2017 and 2018. Median home values have risen to $154,600 in 2022, offering perhaps a more affordable market compared to state and national averages. Investment in energy-efficient home improvements is... Read more
Delaware County Market Trends
The median home values in Delaware County, Iowa have seen a steady increase, peaking at $154,600 in 2022, below both the state and national averages of $181,600 and $179,400 respectively. This slower growth suggests a more affordable market, attractive for investors and new homeowners. Noteworthy is the substantial investment in energy-efficient home improvements, evidenced by residential energy... Read more
Median Value of Occupied Housing Units in Delaware County, Iowa Over the Last 8 Years
The median home values in Delaware County, Iowa have seen a steady increase over the past eight years, reaching $154,600 in 2022. This is a bit lower than the state average for Iowa, which hit $181,600 the same year, and also below the national average of $179,400. This growth, albeit at a slower rate compared to state and national figures, may suggest an attractive opportunity for investors or new homeowners seeking more affordable housing options while still benefitting from appreciation. This trend indicates that while Delaware County remains less expensive, it hasn't been isolated from the broader upsurge in housing values.
Residential Energy Tax Credit Per Tax Return in Delaware County, IA Over the Last 9 Years
Over the past nine years, Delaware County, Iowa has seen significant fluctuations in residential energy tax credits. Noteworthy peaks include $3,075.00 in 2018, reflecting substantial investment in energy-efficient home improvements. The average credit generally increased, suggesting a growing local interest in sustainability, with values rising from $662.96 in 2013 to $1,082.35 in 2021. Investors and homeowners looking to adopt green technologies can discern an upward trend in support through tax incentives, indicating favorable conditions for sustainable property development.
Average Real Estate Taxes Per Tax Return in Delaware County, IA Over the Last 10 Years
Real estate taxes in Delaware County, Iowa, have exhibited a noticeable upward trend over the past decade, increasing from approximately $2,481.48 in 2012 to roughly $4,680.77 in 2021. This escalating tax environment suggests that prospective property investors and homebuyers might face higher carrying costs. Appraisors and insurance agents should be aware of these rising expenses, as they potentially impact property valuations and insurance premiums. Real estate agents will likely need to adjust their strategies and prepare clients for these increased costs when advising on purchases.
Percentage of Farm Returns in Delaware County, IA Over the Last 10 Years
Over the past decade, farm tax returns in Delaware County, Iowa have shown a steady fluctuation, with percentages hovering between 15.04% and 16.02%. Notable increases occurred in 2018 and 2019, suggesting a potential uptick in agricultural productivity or profitability during those years. Despite a dip in 2020, the figures have remained relatively stable, indicating a resilient farming sector. For those investing, building, or moving to the area, this consistent performance might hint at a strong, enduring agricultural economy that could impact land value and community growth.
Number of Mortgages by Occupancy Type in Delaware County, IA Over the Last 5 Years in Delaware County
Over the past five years in Delaware County, Iowa, there's been a notable fluctuation in mortgage counts for different property types. While principal residences dominate the market, peaking dramatically in 2020, second residences and investment properties have shown less volatility, maintaining relatively lower and steadier numbers. Changes in occupancy type can impact numerous stakeholders. For investors, shifts towards principal residences can mean more stable, long-term tenants and potentially lower vacancy rates. Appraisers and insurance agents might find that fluctuating numbers for investment properties could influence risk assessments and premiums. Real estate agents and builders may need to adjust strategies based on these trends to align with buyer demand, emphasizing principal residences or adapting for a market with diverse occupancy needs. For those looking to move or invest, understanding these dynamics offers key insights into the type of housing stock likely to be available or in demand.
Economic Outlook
In Delaware County, Iowa, average taxable incomes have risen from $50,462.17 in 2013 to $69,319.74 in 2021, hinting at a potentially growing local economy. Concurrently, state and local income taxes have surged, notably spiking between 2017 and 2018. This trend in tax burdens could necessitate more strategic financial planning. Furthermore, the average total tax liability has climbed to $9,452.26 in 2021, reflecting a possibly more affluent demographic and increased cost of living. These... Read more
Average Taxable Income per Tax Return in Delaware County, IA over the last 9 years
Delaware County, Iowa has shown a noticeable upward trend in average taxable income over the past nine years, rising from $50,462.17 in 2013 to $69,319.74 in 2021. This trend could hint at a growing local economy or shifts in the county’s demographics. For potential investors or those considering a move, it may indicate a strengthening financial landscape, while property developers might see it as a favorable environment for new projects. Residents could view these increments as reflections of potentially increasing living standards.
Average State and Local Income Taxes Per Tax Return in Delaware County, IA Over the Last 10 Years
Over the past decade in Delaware County, Iowa, average state and local income taxes per tax return have shown a significant upward trend, surging from around $5,889.16 in 2012 to approximately $9,513.64 in 2021. Notably, there was a sharp increase between 2017 and 2018, jumping from $6,525.41 to $8,416.67. This substantial rise in tax burdens could impact financial planning for prospective investors and residents, suggesting a need for more strategic budgeting and potentially pointing towards broader economic changes in the region.
Average Total Tax Liability Per Tax Return in Delaware County, IA Over the Last 10 Years
The average total tax liability per tax return in Delaware County, Iowa has shown notable fluctuations over the last decade, with a significant rise in recent years. Despite a dip to $6,840.44 in 2013, the liability has steadily increased, reaching an impressive $9,452.26 in 2021. This upward trend indicates a potentially growing economic base and could signal increased income levels or changing tax structures. For investors and property developers, this could mean a more affluent demographic and a higher cost of living, suggesting a possible increase in market demand.
Cost of Living in Delaware County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,020 | $1,383 | $1,805 | $1,038 | $1,183 |
| 1 adult 4 children | $1,020 | $1,130 | $1,380 | $1,038 | $1,331 |
| 2 adults 3 children | $1,020 | $1,130 | $1,566 | $1,038 | $969 |
| 1 adult 3 children | $1,020 | $923 | $1,141 | $1,038 | $1,082 |
| 2 adults 2 children | $795 | $925 | $1,328 | $906 | $856 |
| 1 adult 2 children | $795 | $691 | $902 | $906 | $823 |
| 2 adults 1 child | $795 | $731 | $1,089 | $474 | $787 |
| 1 adult 1 child | $795 | $472 | $664 | $474 | $680 |
| 2 adults | $644 | $587 | $851 | $0 | $660 |
| 1 adult | $581 | $320 | $425 | $0 | $553 |
Safety trends & Data
Property crime rates in Delaware County, Iowa have shown fluctuations, with larceny-theft consistently leading and peaking at 61 incidents in 2022. Burglary and vandalism are also variable, with vandalism arrests averaging 8-14 annually. Motor vehicle thefts and fraud incidents appear lower but sporadic, indicating occasional vulnerability spikes. For investors and real estate professionals, understanding these trends can help assess risk and shape marketing or security strategies, ensuring... Read more
Property Crime Trends in Delaware County, IA Over the Last 5 Years
Delaware County, Iowa has seen fluctuating property crime rates over the past five years. Larceny-theft consistently presents the highest numbers, peaking at 61 incidents in 2022. Burglary and vandalism also show notable variations, with vandalism arrests relatively stable, averaging between 8 and 14 annually. Interestingly, motor vehicle thefts and fraud incidents are lower but sporadic, indicating specific vulnerability spikes. The data could suggest a need for targeted crime prevention in larceny and a steady focus on burglary and vandalism to enhance community safety and property values. For investors and real estate professionals, understanding these trends helps in assessing risk and shaping marketing or security strategies.
Demographics
Delaware County's population is fairly balanced between males and females, with a slight preference towards males. In terms of educational attainment, a majority have at least a high school diploma, and a noticeable portion have engaged in higher education. The age distribution leans towards older adults, particularly those in the 55 to 64-year range, indicating a potentially aging population. It is also quite homogeneous in terms of racial makeup, overwhelmingly white with very minor... Read more
Race Distribution in Delaware County, Iowa (2022)
Educational Attainment in Delaware County, Iowa (2022)
Age Distribution in Delaware County, Iowa
Citizen Population in Delaware County, Iowa (2022)
Political Trends & Data
Delaware County, Iowa leans heavily Republican with almost 67% of votes, suggesting a strong conservative base. Democrats received around 32%, indicating some support but not enough to significantly compete. Third parties, such as Libertarians and Greens, received less than 2%, indicating minimal influence and hinting at a predominantly two-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Delaware County in Iowa seems to show a significant leaning towards the Republican Party, with nearly 67% of votes, possibly indicating a strong conservative base in this region. Democrats, meanwhile, garnered roughly 32%, suggesting some level of support but not enough to pose a substantial challenge. Third parties like the Libertarians and Greens collectively accumulated less than 2%, implying limited influence. This pattern could hint at a predominantly two-party system, with minor parties struggling to gain traction.
66.86% of voters voted for the Republican party in the 2020 Presidential Election
31.56% of voters voted for the Democrat party in the 2020 Presidential Election
0.87% of voters voted for the Livertarian party in the 2020 Presidential Election
0.15% of voters voted for the Green party in the 2020 Presidential Election
0.56% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Delaware County, Iowa, the student-to-teacher ratio has mostly hovered above the national average of 14 students per teacher, peaking at nearly 17 in 2015 and 2019, but recently dropping below 15. This fluctuation could impact property values, as smaller class sizes might suggest better educational outcomes, making the area more appealing to families and investors. Real estate agents, appraisers, and insurance agents might find these trends useful for assessing community desirability and... Read more
Student-to-teacher ratio in Delaware County, Iowa over the last 10 years
Over the past decade, Delaware County, Iowa, has seen fluctuations in its student-to-teacher ratio, with numbers generally hovering slightly above the national average of 14 students per teacher. Peaks occurred in 2015 and 2019, reaching nearly 17 students per teacher, but have recently dipped to below 15. This could be a crucial factor for potential investors, developers, and those moving into the area as smaller class sizes might imply better educational outcomes and a more attractive real estate market. Real estate agents and appraisers may find this information pivotal when assessing property values and community desirability. Additionally, insurance agents might consider these trends in risk evaluations and pricing strategies.
