Hardin County Real Estate and Livability Trends
Hardin County, Iowa has experienced notable economic resilience with taxable incomes peaking at $64,244.75 in 2021, alongside rising state and local taxes. Median home values have steadily increased to $109,300 in 2022, offering affordable entry points well below the state and national averages. Students in the county benefit from a favorable student-to-teacher ratio of 12.72 in 2023, potentially... Read more
Hardin County Market Trends
Median home values in Hardin County, Iowa have risen steadily over the past eight years, reaching $109,300 in 2022—still considerably below the state average of $181,600 and the national average of $179,400. This gap suggests affordable entry points and potential growth for investors. Real estate tax averages have more than doubled over the past decade, climbing from $2,146.11 in 2012 to... Read more
Median Value of Occupied Housing Units in Hardin County, Iowa Over the Last 8 Years
Median home values in Hardin County, Iowa have seen modest, steady increases over the last eight years, with a notable jump to $109,300 in 2022. This is quite a bit lower than both the state average, which reached $181,600 in 2022, and the national average, which hit $179,400. If you're considering investing or moving to Hardin County, this trend suggests room for growth, potentially offering more affordable entry points compared to broader state and national markets.
Residential Energy Tax Credit Per Tax Return in Hardin County, IA Over the Last 8 Years
In Hardin County, Iowa, the residential energy tax credit per tax return has fluctuated significantly over the last eight years. Peak incentives were seen in 2016 with an average of $1054.55 per return, while the lowest was in 2017 at just $250.00. The amounts suggest varying adoption rates and potentially shifting local energy efficiency initiatives. This data is relevant for investors, real estate agents, and property appraisers to understand regional energy conservation efforts and their fiscal impact on homeowners.
Average Real Estate Taxes Per Tax Return in Hardin County, IA Over the Last 10 Years
In Hardin County, Iowa, average real estate taxes per tax return have shown a noticeable upward trend over the past decade, with an increase from $2,146.11 in 2012 to $4,280.00 in 2021. Notably, there was significant growth between 2018 and 2021, indicating that property owners may be experiencing rising costs tied to local economic conditions or property value assessments. This upward trajectory in property taxes might matter to potential investors, homebuyers, and real estate professionals as it could impact the overall cost of homeownership and property investment in the area.
Percentage of Farm Returns in Hardin County, IA Over the Last 10 Years
Farm tax returns in Hardin County, Iowa have seen slight fluctuations over the past ten years, remaining around 9.0% each year. Farm tax returns represent the proportion of tax filings associated with agricultural activities, indicating a stable agricultural economy in the region. For potential investors, developers, or residents, this suggests a consistent presence of farming operations which could influence local economic conditions, land use decisions, and community infrastructure.
Number of Mortgages by Occupancy Type in Hardin County, IA Over the Last 5 Years in Hardin County
Over the past five years in Hardin County, Iowa, there's been a noticeable uptick in mortgages for principal residences, reaching a peak in 2021 with 600 recorded instances. This surge suggests a growing demand for primary homes, possibly driven by factors such as local economic conditions or demographic changes. Conversely, investment property mortgages have fluctuated but trended downward, with a notable drop to 27 in 2022. This decline might signal reduced investor interest or shifting market dynamics. Changes in occupancy type reveal financial confidence and housing preferences, crucial for investors, appraisers, and real estate professionals monitoring market vibrancy and stability.
Economic Outlook
Hardin County, Iowa has seen notable fluctuations in average taxable income per tax return over the past nine years, peaking at $64,244.75 in 2021. Despite dips in 2016 and 2017, this trend hints at economic resilience and growth potential, appealing to investors and developers. Meanwhile, state and local income taxes have also varied significantly, peaking at $10,136.00 in 2021, reflecting economic shifts and policy changes critical for financial planning. Lastly, the total tax liability per... Read more
Average Taxable Income per Tax Return in Hardin County, IA over the last 9 years
Over the past nine years, Hardin County, Iowa has experienced some fluctuation in average taxable income per tax return, with a noticeable increase in 2021 to $64,244.75. While there have been dips, particularly in 2017 and 2016 when average taxable income fell to $53,481.08 and $55,888.36 respectively, the overall trend suggests a rebound and growth. This could be an encouraging sign for potential investors or property developers looking at the economic stability and growth potential in the area.
Average State and Local Income Taxes Per Tax Return in Hardin County, IA Over the Last 10 Years
Hardin County, Iowa has seen a significant fluctuation in average state and local income taxes per tax return over the past decade. Starting at $6,690.57 in 2012, taxes spiked dramatically to $10,136.00 by 2021. These variations reflect broader economic changes and shifts in local policy, with noticeable peaks in 2013, 2018, and particularly 2019. For potential investors and residents, understanding these tax trends is crucial for financial planning and assessing long-term commitments in the area.
Average Total Tax Liability Per Tax Return in Hardin County, IA Over the Last 10 Years
Over the past decade in Hardin County, Iowa, the average total tax liability per tax return has shown considerable fluctuations, ranging from a low of $7,278.16 in 2018 to a high of $9,274.32 in 2021. In particular, there's a noticeable dip between 2016 and 2018, followed by a gradual increase. This volatility in tax burdens may impact financial planning for potential investors, property developers, and new residents.
Cost of Living in Hardin County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,057 | $1,408 | $1,942 | $1,078 | $1,274 |
| 1 adult 4 children | $1,057 | $1,149 | $1,486 | $1,078 | $1,423 |
| 2 adults 3 children | $1,057 | $1,150 | $1,685 | $1,078 | $1,041 |
| 1 adult 3 children | $1,057 | $939 | $1,228 | $1,078 | $1,160 |
| 2 adults 2 children | $795 | $941 | $1,428 | $941 | $893 |
| 1 adult 2 children | $795 | $703 | $971 | $941 | $859 |
| 2 adults 1 child | $795 | $744 | $1,171 | $493 | $811 |
| 1 adult 1 child | $795 | $481 | $714 | $493 | $675 |
| 2 adults | $604 | $598 | $913 | $0 | $641 |
| 1 adult | $581 | $326 | $457 | $0 | $552 |
Safety trends & Data
In Hardin County, Iowa, property crime trends have been somewhat erratic over the last five years, with noticeable spikes in burglaries and vandalism during 2020 and 2021. Larceny-theft consistently reported high numbers, peaking at 40 cases in 2022, while vandalism followed suit with 27 incidents in 2021. Motor vehicle theft, though less common, showed a slow but steady rise, with a minor increase in 2022. This data could be crucial for investors, real estate agents, and prospective residents... Read more
Property Crime Trends in Hardin County, IA Over the Last 5 Years
Over the last five years in Hardin County, Iowa, there seems to be an up-and-down trend in property crimes, with spikes in burglaries and vandalism in 2020 and 2021. Larceny-theft consistently saw significant numbers, peaking at 40 cases in 2022, while vandalism also saw a notable increase, reaching 27 cases in 2021. Motor vehicle theft, albeit less frequent, showed a gradual rise with a small jump in 2022. Investors, real estate agents, and those considering to move or build in the area might find these trends essential for assessing security risks and property values.
Demographics
Hardin County, Iowa, showcases a fairly balanced gender distribution among its adult population, with males and females almost equally represented. Educational attainment varies, with a significant portion of residents having completed high school or some college education, though fewer have pursued higher degrees. The age distribution reveals a substantial number of older adults, especially those aged 55 to 64 years. Racially, the county is predominantly White, with small representations from... Read more
Race Distribution in Hardin County, Iowa (2022)
Educational Attainment in Hardin County, Iowa (2022)
Age Distribution in Hardin County, Iowa
Citizen Population in Hardin County, Iowa (2022)
Political Trends & Data
Hardin County, Iowa, leans heavily Republican, considering that around 65% of voters might have supported the GOP in the 2020 U.S. Presidential Election. Meanwhile, Democrats likely captured about 33% of the vote. Smaller parties, including the Libertarians and the Green Party, potentially only accounted for 1-2%. This political landscape could influence local policies and property taxes, possibly making the area more appealing to conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Hardin County, Iowa, the 2020 U.S. Presidential Election results reveal that Republicans possibly garnered a significant majority of the votes with around 65%, while Democrats might have received roughly 33%. Libertarians and other smaller parties, including the Green Party, potentially made up a tiny fraction of the vote share, collectively amounting to about 1-2%. This could indicate a strong Republican preference in this county.
65.24% of voters voted for the Republican party in the 2020 Presidential Election
33.11% of voters voted for the Democrat party in the 2020 Presidential Election
1.17% 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
0.37% of voters voted for the Other party in the 2020 Presidential Election
School Data
Hardin County, Iowa has seen its student-to-teacher ratio fluctuate over the past decade, peaking at just over 15 in 2018 and 2020, and decreasing to 12.72 in 2023, which is below the national average of 14. This trend matters because lower ratios could mean better classroom environments and more personalized attention for students, potentially boosting property values and community appeal. For real estate agents, appraisers, and insurance agents, these education metrics may be relevant for... Read more
Student-to-teacher ratio in Hardin County, Iowa over the last 10 years
Over the past decade, Hardin County, Iowa has seen fluctuations in its student-to-teacher ratio, peaking at just over 15 in 2018 and 2020, but trending downwards to 12.72 in 2023. This deceleration below the national average of 14 students per teacher could signify improved classroom environments and potentially more personalized attention for students. For those considering moves or investments in this area, these lower ratios might indicate stronger educational support systems, which can enhance property values and community appeal. Real estate agents, appraisers, and insurance agents might find this trend relevant for gauging the long-term desirability and academic health of neighborhoods.
