Hamilton County Real Estate and Livability Trends
Hamilton County, Iowa's real estate market has seen some notable shifts. Despite median home values increasing from $93,600 in 2015 to $116,000 in 2022—an upswing slower than state and national averages—the area could still offer affordable entry points for investors. Rising property taxes, almost doubling from $2,406.49 in 2012 to $4,714.29 in 2021, reflect increasing financial commitments... Read more
Hamilton County Market Trends
Hamilton County, Iowa's median home values have steadily grown from $93,600 in 2015 to $116,000 in 2022, which is slower compared to both state and national averages. This relatively modest growth could mean more affordable entry points for investors. The county's average residential energy tax credit has fluctuated, peaking at $640.00 in 2014 but dropping to $255.56 in 2020, possibly... Read more
Median Value of Occupied Housing Units in Hamilton County, Iowa Over the Last 8 Years
Hamilton County, Iowa's median home values have seen consistent growth over the past eight years, starting at $93,600 in 2015 and reaching $116,000 in 2022. This trajectory is somewhat slower compared to the state of Iowa, where median values increased from $129,200 to $181,600 during the same period. Nationally, the jump was from $125,500 to $179,400. For those eyeing investments, this slower yet steady appreciation in Hamilton County might indicate more affordable entry points compared to broader state and national markets.
Residential Energy Tax Credit Per Tax Return in Hamilton County, IA Over the Last 8 Years
Hamilton County, Iowa has seen fluctuations in the average residential energy tax credit per tax return over the last eight years, with a notable peak at $640.00 in 2014. However, the recent years show a downward trend, reaching as low as $255.56 in 2020. This could suggest varying levels of investment in energy-efficient home improvements among residents, which might be of interest to those in real estate and property development, as well as insurance agents looking at long-term property value and risk assessments.
Average Real Estate Taxes Per Tax Return in Hamilton County, IA Over the Last 10 Years
Over the past decade, Hamilton County, Iowa has experienced a steady, and at times sharp, increase in average real estate taxes per tax return. Starting from around $2,406.49 in 2012, taxes have escalated to approximately $4,714.29 by 2021. Notable jumps are observed, particularly from 2017 to 2018, where there was nearly a $695 increase. This trend suggests a growing financial commitment for property owners, likely reflecting rising property values and potentially increasing demand in the area. For anyone considering investing in or moving to Hamilton County, it's essential to factor in these increasing real estate taxes. This pattern can also significantly influence property valuations and insurance costs.
Percentage of Farm Returns in Hamilton County, IA Over the Last 10 Years
Hamilton County, Iowa has seen a slight decline in farm tax returns over the past decade, with percentages fluctuating from roughly 8.62% in 2012 to about 7.83% in 2021. Farm tax returns represent the proportion of income tax returns filed by those primarily engaged in agricultural activities, reflecting the economic health and activity levels within the farming sector. For investors or potential residents, understanding these trends could signal shifts in local agricultural viability, affecting property values and business opportunities in the county.
Number of Mortgages by Occupancy Type in Hamilton County, IA Over the Last 5 Years in Hamilton County
Hamilton County, Iowa has seen a variable trend in mortgage counts by occupancy type, with principal residences overwhelmingly leading in number, showing noticeable increases over the last five years. Investment properties have fluctuated but generally stayed within a close range, while second residences remain a minor category with very low numbers. These patterns are crucial for investors, real estate agents, and appraisers as they indicate a strong demand for primary homes, hinting at stable long-term occupancy and potentially valuing investments. For developers and insurance agents, understanding these trends can guide risk assessments and the types of policies or projects that may gain traction in the area.
Economic Outlook
Hamilton County, Iowa has experienced a significant rise in average taxable income per tax return, especially after a dip in 2016 to $56,396.36, peaking at $73,873.81 in 2021. This indicates economic growth or increased wages, which might be attractive to investors. Meanwhile, average state and local income taxes have risen sharply from $5,985.23 in 2012 to $17,338.10 in 2021, signaling higher local financial obligations possibly due to growing incomes. The variability in total tax liability... Read more
Average Taxable Income per Tax Return in Hamilton County, IA over the last 9 years
Hamilton County, Iowa has seen a notable fluctuation in the average taxable income per tax return over the past nine years. It's particularly interesting that after a dip in 2016 to $56,396.36, there's a consistent rise starting 2018, peaking significantly in 2021 at $73,873.81. This suggests potential growth in economic opportunities or wage increases, making the county an intriguing spot for potential investors or newcomers.
Average State and Local Income Taxes Per Tax Return in Hamilton County, IA Over the Last 10 Years
Hamilton County, Iowa, has seen a substantial rise in average state and local income taxes per tax return over the past decade. Starting at $5,985.23 in 2012, the amounts ramped up significantly, reaching $17,338.10 by 2021. This trend is indicative of increasing local financial burdens or rising incomes, which might affect decisions to invest, build property, or relocate to the area. Factors contributing to this steady climb could serve as important considerations for prospective residents and investors.
Average Total Tax Liability Per Tax Return in Hamilton County, IA Over the Last 10 Years
Over the last decade, the average total tax liability per tax return in Hamilton County, Iowa has seen notable fluctuations. Between 2012 and 2014, liabilities hovered around $8,300.00, before spiking to $10,332.43 in 2015. It appears there was another peak in 2021 at $11,033.10. Such variability suggests changes in either local economic conditions or tax policy, emphasizing the importance for potential investors and residents to stay informed about local taxation trends.
Cost of Living in Hamilton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,070 | $1,412 | $1,942 | $1,156 | $1,290 |
| 1 adult 4 children | $1,070 | $1,153 | $1,486 | $1,156 | $1,441 |
| 2 adults 3 children | $1,070 | $1,153 | $1,685 | $1,156 | $1,057 |
| 1 adult 3 children | $1,070 | $941 | $1,228 | $1,156 | $1,178 |
| 2 adults 2 children | $879 | $944 | $1,428 | $1,008 | $928 |
| 1 adult 2 children | $879 | $705 | $971 | $1,008 | $908 |
| 2 adults 1 child | $879 | $746 | $1,171 | $528 | $839 |
| 1 adult 1 child | $879 | $482 | $714 | $528 | $705 |
| 2 adults | $668 | $599 | $913 | $0 | $653 |
| 1 adult | $642 | $327 | $457 | $0 | $566 |
Safety trends & Data
Hamilton County, Iowa has observed varied trends in property crime over the past five years. Larceny-theft leads as the most common offense, while vandalism peaked in 2020 at 18 cases before declining. Motor vehicle theft showed slight fluctuations, but what stands out is a sharp rise in fraud in 2021 to 12 incidents from a previous max of 3. Burglary incidents remained relatively stable, peaking at 12 in 2018. These fluctuations could be significant for investors, property builders assessing... Read more
Property Crime Trends in Hamilton County, IA Over the Last 5 Years
Hamilton County, Iowa has seen varied trends in property crime over the last five years, with larceny-theft consistently leading as the most common offense. Notably, vandalism cases saw peaks in 2020 at 18 but dipped in subsequent years. Motor vehicle theft numbers fluctuated slightly, while fraud rose sharply in 2021 to 12 incidents from a previous max of 3. Burglary incidents remained somewhat stable, though they were highest in 2018 with 12 occurrences. These fluctuations can be pivotal for investors or property builders assessing the risks and for insurance agents determining coverage needs.
Demographics
Hamilton County, Iowa shows a nearly balanced gender split, with males slightly outnumbering females. The area presents notable educational diversity, where a substantial portion of adults hold at least a high school diploma, and a significant percentage have pursued higher education. Age-wise, the population skews slightly older, with a considerable number of residents in the 55 and above category. Racially, the community is predominantly White, with smaller representations from other racial... Read more
Race Distribution in Hamilton County, Iowa (2022)
Educational Attainment in Hamilton County, Iowa (2022)
Age Distribution in Hamilton County, Iowa
Citizen Population in Hamilton County, Iowa (2022)
Political Trends & Data
Hamilton County, Iowa shows a clear tilt toward the Republican party, as evidenced by the 2020 U.S. Presidential Election results where around 63% of voters supported the GOP. Democrats secured about 36% of the vote, indicating some level of competition, though Republican dominance is apparent. Minimal backing for Libertarian, Green, and other parties suggests a two-party stronghold, with little variance toward minor parties. This political leaning could influence local policies and potentially... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Hamilton County, Iowa, the 2020 U.S. Presidential Election results displayed a noticeable lean toward the Republican party, which garnered around 63% of the votes. The Democratic party trailed with roughly 36%, while Libertarian support was minimal, at just under 1%. Green and Other parties barely registered, with negligible percentages. This data suggests a strong, but not overwhelming, Republican inclination within the county.
62.72% of voters voted for the Republican party in the 2020 Presidential Election
35.79% of voters voted for the Democrat party in the 2020 Presidential Election
0.89% of voters voted for the Livertarian party in the 2020 Presidential Election
0.09% 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
Hamilton County, Iowa, has seen a fluctuating student-to-teacher ratio, peaking at nearly 17 students per teacher in 2018 and dropping to around 14 in 2021. This variability, with an average close to the national figure of 14, may affect perceptions of educational quality, potentially influencing property demand and community appeal. For appraisers and insurance professionals, these trends could be essential for evaluating the area’s growth potential and... Read more
Student-to-teacher ratio in Hamilton County, Iowa over the last 10 years
Hamilton County, Iowa has experienced fluctuations in its student-to-teacher ratio over the past decade, with a peak of almost 17 students per teacher in 2018 and a low of roughly 14 in 2021. On average, the ratio hovers around the national average of 14 students per teacher. For prospective investors, real estate agents, and those considering relocating, these figures suggest variability in class sizes, which could influence educational quality perceptions and property demand in the area. Appraisers and insurance agents might find this data useful for assessing the community's attractiveness and potential for growth or stability.
