Grundy County Real Estate and Livability Trends
Grundy County, Iowa's median home values have steadily risen from $125,700.00 in 2015 to $166,300.00 by 2022, making it an attractive option for affordable investments compared to broader Iowa trends. The rise in real estate taxes to $3,892.31 by 2021 may influence investment decisions. Interestingly, the area has seen an uptick in residential energy tax credits, peaking at $1,280.00 in 2021,... Read more
Grundy County Market Trends
Grundy County, Iowa has experienced a steady climb in median home values from $125,700.00 in 2015 to $166,300.00 in 2022. While this increase lags behind Iowa's broader state trends, it still offers comparatively affordable entry points for potential residents and investors. Notably, the county has seen fluctuations in residential energy tax credits, peaking at $1280.00 in 2021, hinting at a... Read more
Median Value of Occupied Housing Units in Grundy County, Iowa Over the Last 8 Years
Grundy County, Iowa has experienced a steady increase in median home values over the past eight years, climbing from $125,700.00 in 2015 to $166,300.00 in 2022. This local growth seems to lag behind the broader state trend, as Iowa's median values rose from $129,200.00 to $181,600.00 during the same period. Interestingly, while the county's increase aligns with the national upward trajectory, it remains significantly lower than U.S. median values which surged from $125,500.00 to $179,400.00. For potential investors, builders, and residents, these figures suggest that Grundy County might offer more affordable entry points relative to other markets, indicating potential opportunities for value appreciation.
Residential Energy Tax Credit Per Tax Return in Grundy County, IA Over the Last 8 Years
Grundy County, Iowa has seen fluctuating average residential energy tax credits per tax return over the last eight years. Notable increases occurred in 2019 ($1071.43) and 2021 with a significant peak at $1280.00, reflecting increased residential investments in energy-efficient improvements during these years. The dip in 2017 to $528.57 suggests variability in energy-efficient home upgrades. For investors and real estate agents, these trends may signal growing homeowner interest in sustainability, presenting opportunities for marketing energy-efficient homes. Appraisers and insurance agents should consider these variations when assessing property values and risks.
Average Real Estate Taxes Per Tax Return in Grundy County, IA Over the Last 10 Years
Over the past decade, Grundy County, Iowa has seen a notable trend in rising real estate taxes per tax return. Starting from an average of around $2,292.90 in 2012, taxes have gradually increased each year, reaching approximately $3,892.31 by 2021. This consistent upward trajectory may reflect changes in property values or local fiscal policies, and could impact decisions for potential investors, homebuyers, real estate agents, and insurance professionals considering the area.
Percentage of Farm Returns in Grundy County, IA Over the Last 10 Years
Grundy County, Iowa has seen fluctuations in the percentage of farm tax returns over the past decade, indicating a variable but steady agricultural presence. Starting from about 10.65% in 2012 and rising slightly to 11.01% in 2018, there's a slight dip to around 9.71% in 2020, stabilizing near 9.84% in 2021. These returns are important as they hint at the financial activities and viability of farms, reflecting both the challenges and potentials in this agrarian community. For investors or potential residents, this trend suggests a resilient yet changing farming industry, which could influence decisions on property investments and economic expectations.
Number of Mortgages by Occupancy Type in Grundy County, IA Over the Last 5 Years in Grundy County
Grundy County, Iowa has seen a fluctuating trend in mortgage counts over the past five years, especially for principal residences, which peaked at 962 in 2020. Investment properties have shown relative stability, with a slight increase from 21 in 2018 to 31 in 2022. Second residences remain a minor portion, though their count dipped to just 2 in 2021. Shifts in occupancy type can influence property values and local market dynamics, providing crucial insights for those investing, appraising, insuring, building, or selling real estate in the area.
Economic Outlook
Grundy County, Iowa has experienced a gradual rise in average taxable income per tax return, peaking at $89,086.69 in 2021, especially notable in the last two years. Correspondingly, average state and local income taxes have also increased from $7,853.50 in 2012 to $11,592.00 by 2021, with a peak of $12,100.00 in 2020, reflecting economic growth and shifting fiscal policies. Additionally, average total tax liability has fluctuated, dropping to $9,542.10 in 2016 and then rising to $13,762.68 in... Read more
Average Taxable Income per Tax Return in Grundy County, IA over the last 9 years
Grundy County, Iowa has shown a gradual increase in average taxable income per tax return over the past nine years, peaking at $89,086.69 in 2021. Despite some fluctuations, there is a clear upward trend especially notable in the last two years. This rising income could make Grundy County an appealing location for investment and relocation, suggesting potentially stronger economic health and possibly enhanced living standards.
Average State and Local Income Taxes Per Tax Return in Grundy County, IA Over the Last 10 Years
Grundy County, Iowa has seen a noticeable upward trend in average state and local income taxes per tax return over the last decade. Starting at $7,853.50 in 2012, the amount increased to $11,592.00 by 2021, peaking at $12,100.00 in 2020. Investors and potential residents should be aware of this steady rise, as it reflects both economic growth and changing fiscal policies in the region, potentially impacting disposable income and budgeting for homeowners and businesses alike.
Average Total Tax Liability Per Tax Return in Grundy County, IA Over the Last 10 Years
Grundy County, Iowa has seen notable fluctuations in average total tax liability per tax return over the last decade. Starting from $11,607.77 in 2012, there was a significant dip to $9,542.10 by 2016, followed by a sharp rise to $13,762.68 in 2021. These shifts suggest economic variability that potential investors or future residents might find worth noting. Understanding the underlying factors contributing to these changes could offer insights into the county's economic health and potential for growth.
Cost of Living in Grundy County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,049 | $1,508 | $1,909 | $1,492 | $1,472 |
| 1 adult 4 children | $1,049 | $1,232 | $1,468 | $1,492 | $1,643 |
| 2 adults 3 children | $1,049 | $1,232 | $1,652 | $1,492 | $1,219 |
| 1 adult 3 children | $1,049 | $1,006 | $1,211 | $1,492 | $1,373 |
| 2 adults 2 children | $789 | $1,008 | $1,395 | $1,312 | $1,013 |
| 1 adult 2 children | $789 | $753 | $954 | $1,312 | $1,027 |
| 2 adults 1 child | $789 | $797 | $1,138 | $728 | $889 |
| 1 adult 1 child | $789 | $515 | $698 | $728 | $772 |
| 2 adults | $625 | $640 | $881 | $0 | $679 |
| 1 adult | $532 | $349 | $441 | $0 | $546 |
Safety trends & Data
Property crime trends in Grundy County, Iowa exhibit fluctuations with persistent larceny-theft and burglary. There were notable peaks in burglary in 2019 and a spike in motor vehicle theft in 2021, while vandalism maintains a steady but minor presence. Interestingly, fraud-related incidents have started showing up more recently, especially in 2022. For potential investors or residents, these patterns are worth noting for evaluating safety and insurance... Read more
Property Crime Trends in Grundy County, IA Over the Last 5 Years
Property crime trends in Grundy County, Iowa over the last five years indicate fluctuations in reported offenses. Larceny-theft and burglary appear consistently, with notable peaks in burglary in 2019 and a spike in motor vehicle theft in 2021. Vandalism shows minor but steady occurrences each year. Interestingly, fraud-related incidents seem to have started emerging more recently, particularly in 2022. For potential investors or residents, it’s worth noting these crime patterns to better assess safety and insurance needs in the area.
Demographics
Grundy County, Iowa's population exhibits a marginally higher female population than male, while educational attainment shows a significant number of residents with just a high school diploma or some college education. The age distribution suggests a balanced spread across age groups, with notable clusters in both the under 10 and 55 to 64 demographics. Racially, the county appears predominantly White, with very small percentages of other racial groups present. These demographics hint at a... Read more
Race Distribution in Grundy County, Iowa (2022)
Educational Attainment in Grundy County, Iowa (2022)
Age Distribution in Grundy County, Iowa
Citizen Population in Grundy County, Iowa (2022)
Political Trends & Data
Grundy County, Iowa exhibits a strong Republican preference in the 2020 U.S. Presidential Election with roughly 68% of votes favoring GOP candidates. Democrats captured around 30%, indicating a significant albeit secondary presence. Third-party support was minimal, reflecting a stable two-party dominance in the local political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Grundy County, Iowa, saw a significant lean towards Republican candidates in the 2020 U.S. Presidential Election, with nearly 68% of the votes cast in their favor. Democrats received about 30%, indicating a strong but less dominant presence. Minimal support was noted for third-party candidates, with the Libertarian party capturing just over 1% and the Green party even less. This trend could suggest that Grundy County has a relatively stable political alignment favoring traditional two-party dominance.
67.96% of voters voted for the Republican party in the 2020 Presidential Election
30.32% of voters voted for the Democrat party in the 2020 Presidential Election
1.20% of voters voted for the Livertarian party in the 2020 Presidential Election
0.16% of voters voted for the Green party in the 2020 Presidential Election
0.36% of voters voted for the Other party in the 2020 Presidential Election
School Data
Grundy County, Iowa, has seen its student-to-teacher ratio drop from 13 in 2014 to roughly 12 in 2023, staying below the national average of 14. This low ratio implies smaller class sizes, which might appeal to families and investors prioritizing education. It also offers potential growth opportunities for educational appraisers and policymakers aiming to enhance educational... Read more
Student-to-teacher ratio in Grundy County, Iowa over the last 10 years
Over the past decade, Grundy County, Iowa has experienced a steady decline in the student-to-teacher ratio, from 13 in 2014 to approximately 12 in 2023. This relatively low ratio, consistently below the national average of 14 students per teacher, suggests smaller class sizes and potentially more individualized attention for students. This trend could attract families and investors to the area, as education quality often plays a critical role in real estate decisions. Lower ratios might also interest educational appraisers and policymakers focusing on maintaining or improving educational standards and support.
