Floyd County Real Estate and Livability Trends
Floyd County, Iowa has seen its average taxable income per tax return rise from $52,445.68 in 2013 to $67,568.19 in 2021, hinting at a potentially growing economy and job market, which could entice investors and new residents. Median home values increased from $98,200 in 2015 to $128,800 in 2022, suggesting lower-cost investment opportunities with potential future appreciation. The... Read more
Floyd County Market Trends
Median home values in Floyd County, Iowa, increased from $98,200 in 2015 to $128,800 in 2022, showing a steadier rise compared to Iowa's statewide and national trends. This points to lower-cost investment opportunities that could appeal to buyers seeking future appreciation. Residential energy tax credits have shown fluctuation, reflecting changing policies or market conditions, with peaks in... Read more
Median Value of Occupied Housing Units in Floyd County, Iowa Over the Last 8 Years
Median home values in Floyd County, Iowa, saw a gradual increase from $98,200 in 2015 to $128,800 in 2022. Comparatively, Iowa's statewide median rose from $129,200 to $181,600 over the same period, while nationally, the median home value jumped from $125,500 to $179,400. Floyd County's growth shows a stable but slower rise, indicating potentially lower-cost investment opportunities. With the recent spike in 2022, prospective buyers and investors might see it as a signal for future appreciation, making Floyd County an appealing, cost-effective alternative within Iowa's real estate market.
Residential Energy Tax Credit Per Tax Return in Floyd County, IA Over the Last 8 Years
Residential energy tax credits in Floyd County, Iowa have shown significant fluctuation over the past eight years, with notable peaks in 2014 ($666.67), 2016 ($705.88), and 2017 ($766.67). However, there is a marked decline in 2020 ($442.86) and a slight rebound in 2021 ($475.00). This variability suggests opportunities and challenges for homeowners and investors aiming to maximize energy efficiency incentives. Higher spikes may indicate favorable policies or increased uptake of energy-efficient technologies, while dips could reflect policy changes or market conditions.
Average Real Estate Taxes Per Tax Return in Floyd County, IA Over the Last 10 Years
Over the past decade, Floyd County, Iowa has seen a fairly consistent increase in average real estate taxes per tax return, starting from about $2,077.24 in 2012 and reaching approximately $3,820.83 by 2021. Particularly notable is the sharp rise between 2018 and 2020, from $3,062.07 to $3,800.00. This trend could be of interest to investors, real estate agents, and potential homeowners looking to understand the financial landscape of the area, while appraisers and insurance agents might use this data to better evaluate property costs and premiums.
Percentage of Farm Returns in Floyd County, IA Over the Last 10 Years
The percentage of farm tax returns in Floyd County, Iowa, appears to have steadily decreased over the past decade, from about 10.99% in 2012 to roughly 9.60% in 2021. Farm tax returns typically represent filings from agricultural businesses, reflecting their economic activity. This trend may suggest a gradual shift away from farming as a primary industry in the county, potentially impacting land use and local economies. Investors, prospective residents, and developers may find these insights valuable when considering the area's economic trajectory and the viability of agricultural investments.
Number of Mortgages by Occupancy Type in Floyd County, IA Over the Last 5 Years in Floyd County
In Floyd County, Iowa, over the past five years, mortgages for Investment Properties have generally remained lower compared to Principal Residences. Investment Property mortgages peaked at 21 in 2021, but other years consistently hovered around 10 or fewer. Mortgages for Principal Residences have seen notable fluctuations, with a drop from 291 in 2021 to 204 in 2022. Second Residences have always remained a much smaller portion, rarely exceeding single digits. These changes in occupancy type could indicate shifts in market dynamics and economic conditions, essential insights for potential investors, real estate agents, and stakeholders who must consider the demand and stability of various property types when making decisions. For insurance agents and appraisers, understanding these trends aids in risk assessment and accurate valuation, while builders and residents can gauge community growth and housing needs.
Economic Outlook
Floyd County, Iowa has experienced a consistent rise in average taxable income per tax return, jumping from $52,445.68 in 2013 to $67,568.19 in 2021. This indicates a potentially growing economy and job market, valuable insights for investors and new residents. Meanwhile, state and local income taxes per tax return have fluctuated, with a peak at $11,052.63 in 2021, pointing to broader economic and policy shifts that could impact investment and affordability. Additionally, the total tax... Read more
Average Taxable Income per Tax Return in Floyd County, IA over the last 9 years
Floyd County, Iowa has seen a steady increase in average taxable income per tax return over the past nine years, rising from approximately $52,445.68 in 2013 to around $67,568.19 in 2021. This upward trend could suggest a growing economy and improving job market, which may be enticing for potential investors and new residents. With income levels showing a significant hike in recent years, this area reveals potential for real estate development and business opportunities.
Average State and Local Income Taxes Per Tax Return in Floyd County, IA Over the Last 10 Years
Over the last decade in Floyd County, Iowa, average state and local income taxes per tax return have seen considerable fluctuation. Starting at $6,573.28 in 2012, there's a noticeable climb peaking at $11,052.63 by 2021. These shifts reflect broader economic changes and policy adjustments within the state. Such data suggests increasing fiscal pressures on residents, potentially impacting investment decisions, housing markets, and general affordability for both current inhabitants and prospective movers.
Average Total Tax Liability Per Tax Return in Floyd County, IA Over the Last 10 Years
Average total tax liability per tax return in Floyd County, Iowa has seen fluctuations over the past decade, peaking at $9,528.31 in 2021. The lowest point occurred in 2019 at $6,845.83. Notable drops were in 2016 and 2018, with values dipping to $7,408.94 and $7,037.80, respectively. This variability could imply economic shifts or changing tax policies affecting residents. Those interested in investing or moving to Floyd County might consider these trends when evaluating financial planning and economic stability.
Cost of Living in Floyd County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,064 | $1,516 | $1,777 | $1,016 | $1,201 |
| 1 adult 4 children | $1,064 | $1,238 | $1,358 | $1,016 | $1,338 |
| 2 adults 3 children | $1,064 | $1,239 | $1,542 | $1,016 | $974 |
| 1 adult 3 children | $1,064 | $1,011 | $1,123 | $1,016 | $1,079 |
| 2 adults 2 children | $795 | $1,014 | $1,307 | $886 | $839 |
| 1 adult 2 children | $795 | $757 | $888 | $886 | $790 |
| 2 adults 1 child | $795 | $801 | $1,073 | $464 | $768 |
| 1 adult 1 child | $795 | $518 | $654 | $464 | $635 |
| 2 adults | $629 | $644 | $838 | $0 | $621 |
| 1 adult | $625 | $351 | $419 | $0 | $545 |
Safety trends & Data
In Floyd County, Iowa, property crime trends have fluctuated over the last five years. Vandalism incidents peaked notably in 2019 with 14 cases but have since decreased. Burglary and larceny-theft have shown inconsistent yet prominent rates, making these critical factors for real estate agents and insurers considering the area's security and risk. Arson has surfaced only in 2020 and 2022, suggesting its rarity. This data could be useful for evaluating investment risks and advising potential new... Read more
Property Crime Trends in Floyd County, IA Over the Last 5 Years
Over the last five years, Floyd County, Iowa, has seen fluctuating trends in property crimes. While vandalism peaked significantly in 2019 with 14 incidents, it has since decreased. Burglary and larceny-theft rates have seen inconsistent numbers but remained prominent compared to other crimes. Notably, arson cases only appeared in 2020 and 2022, suggesting it’s a less common issue. This information could be particularly relevant for real estate agents and insurers assessing the security and risk of the area for potential investments or new residents.
Demographics
Floyd County, Iowa exhibits balanced gender distribution with slightly more males than females in 2022. Educational attainment shows a dominant trend where a substantial portion of the adult population has completed high school, some college, or holds an associate's degree, leaving fewer individuals with advanced degrees. Age-wise, the demographic leans towards middle-aged adults and older populations, with significant segments in both the 55-64 and 65-74 brackets. The racial makeup is... Read more
Race Distribution in Floyd County, Iowa (2022)
Educational Attainment in Floyd County, Iowa (2022)
Age Distribution in Floyd County, Iowa
Citizen Population in Floyd County, Iowa (2022)
Political Trends & Data
In Floyd County, Iowa, the 2020 U.S. Presidential Election results show the Republican party potentially holding a conservative sway with about 59.1% of the vote, while Democrats captured around 39.5%. Minor parties, including Libertarian and Green, together achieved under 2%, indicating a strong two-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Floyd County, Iowa, the Republican party seems to have garnered a notable lead in the 2020 U.S. Presidential Election with approximately 59.1% of the vote share, potentially reflecting a conservative-leaning demographic. The Democrats secured about 39.5%, indicating a significant, though not majority, segment of the electorate. Minor parties, including the Libertarian and Green parties, along with other affiliations, accumulated a marginal percentage of the votes, collectively under 2%. This pattern might suggest a predominantly two-party preference within the county.
59.10% of voters voted for the Republican party in the 2020 Presidential Election
39.49% of voters voted for the Democrat party in the 2020 Presidential Election
0.78% of voters voted for the Livertarian party in the 2020 Presidential Election
0.12% of voters voted for the Green party in the 2020 Presidential Election
0.50% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Floyd County, Iowa, has ranged from nearly 17 in 2015 to below 15 in recent years, which is just above the national average of 14. This relatively low and stable ratio could imply better-managed class sizes, potentially making Floyd County more appealing to families prioritizing education quality. Real estate professionals might leverage this data to highlight the community’s educational appeal to potential buyers, thereby affecting property values... Read more
Student-to-teacher ratio in Floyd County, Iowa over the last 10 years
The student-to-teacher ratio in Floyd County, Iowa, has fluctuated over the past decade, peaking at nearly 17 in 2015 and dropping to below 15 in recent years. While the current ratio of about 15 per teacher is slightly above the national average of 14, this stability and relatively low number could suggest Floyd County schools are managing class sizes more efficiently compared to some other areas. Investors and developers might consider this an indication of good school system management, potentially making Floyd County more attractive to families and those prioritizing education quality. Real estate agents and appraisers might find this ratio useful when discussing the community's comparative appeal with potential buyers and assessing property's value.
