Henry County Real Estate and Livability Trends
Henry County, Iowa, has experienced a notable rise in average taxable income, moving from about $48,459.78 in 2013 to $63,443.02 in 2021, which may indicate economic growth or higher wages that could attract investors and homebuyers. Median home values have climbed from $103,900 in 2015 to $145,200 in 2022, although still under the state average. Real estate taxes significantly increased from... Read more
Henry County Market Trends
Henry County, Iowa has seen a rise in median home values from $103,900 in 2015 to $145,200 in 2022, though still below the state average of $181,600. Meanwhile, real estate taxes in the county have climbed from $2,340.84 per return in 2012 to $4,383.33 in 2021, with the steepest increase occurring between 2017 and 2018. Notably, residential energy tax credits have fluctuated but peaked at... Read more
Median Value of Occupied Housing Units in Henry County, Iowa Over the Last 8 Years
Henry County, Iowa has experienced a significant rise in median home values, moving from $103,900 in 2015 to $145,200 in 2022. While the county's growth is impressive, it remains below the state average, which reached $181,600 in 2022. Nationally, median values went from $125,500 in 2015 to $179,400 in 2022, reflecting a broader trend of increasing property values. For potential investors or residents, Henry County presents a relatively affordable option within the context of rising state and national housing markets.
Residential Energy Tax Credit Per Tax Return in Henry County, IA Over the Last 8 Years
The average residential energy tax credit per tax return in Henry County, Iowa has shown substantial growth and fluctuations over the past eight years. Starting at around $459.09 in 2013, the tax credit saw significant increases, peaking at $1,157.14 in 2017. It then experienced a dip but maintained relatively high values, rising again to approximately $1,100.00 by 2021. These shifts may suggest evolving incentives for energy-efficient investments, which could be important for stakeholders interested in regional energy-saving trends and potential cost savings on residential properties.
Average Real Estate Taxes Per Tax Return in Henry County, IA Over the Last 10 Years
Henry County, Iowa has seen a consistent increase in average real estate taxes over the past decade. Starting from $2,340.84 per tax return in 2012, it has risen to $4,383.33 by 2021. The steepest jump occurred between 2017 and 2018, indicating possible significant valuation or policy changes. This upward trend could impact decisions related to buying property, investing, or planning development projects in the area, suggesting a growing financial commitment for homeowners and potential investors alike.
Percentage of Farm Returns in Henry County, IA Over the Last 10 Years
Farm tax returns in Henry County, Iowa have shown a gradual decrease over the last decade, starting at 7.88% in 2012 and dipping to 6.96% in 2021. Despite minor fluctuations, the overall trend suggests a decline, which is revealing for potential investors and residents. This could imply shifts in local agricultural practices or economic conditions affecting farm profitability. Understanding these trends is crucial for making informed decisions about agricultural investments or land development in the county.
Number of Mortgages by Occupancy Type in Henry County, IA Over the Last 5 Years in Henry County
In Henry County, Iowa, mortgage activity has shown a noticeable trend with principal residences consistently dominating the market. The number of mortgages for principal residences spiked in 2021, possibly indicating a surge in homebuyers or refinancing during that period. Investment properties have maintained a relatively stable, albeit much lower, presence in the market. The minimal activity in second residences underscores a less dynamic second-home market here. These trends could influence real estate strategies, where investors might eye other regions for more lucrative opportunities. Simultaneously, those in real estate and insurance industries should note the heightened demand for primary homes, which could impact valuations and risk assessments.
Economic Outlook
Henry County, Iowa, has experienced a general increase in average taxable income per tax return over the past nine years, rising from around $48,459.78 in 2013 to $63,443.02 in 2021. This trend could point to economic growth or higher wages, making it potentially attractive for investors and homebuyers. Additionally, average state and local income taxes have risen significantly, with a notable spike between 2017 and 2018. Coupled with an upward trend in average total tax liability per tax... Read more
Average Taxable Income per Tax Return in Henry County, IA over the last 9 years
Over the past nine years, Henry County, Iowa has shown a generally upward trend in the average taxable income per tax return, moving from approximately $48,459.78 in 2013 to $63,443.02 in 2021. This increase might indicate economic growth or rising wages, which could be a positive indicator for potential investors and homebuyers. Despite some fluctuations, the overall growth suggests improving financial conditions, making it potentially attractive for property development and new residents looking for economic stability.
Average State and Local Income Taxes Per Tax Return in Henry County, IA Over the Last 10 Years
Henry County, Iowa has seen a notable rise in average state and local income taxes per tax return over the past decade. From $5,272.67 in 2012, the value sharply increased to $8,423.33 by 2021. Especially intriguing is the spike between 2017 and 2018, where the amount jumped from $5,741.90 to $8,338.89, continuing an upward trend. Potential investors, property developers, and residents should consider this tax dynamic in their financial planning and economic forecasting for the area.
Average Total Tax Liability Per Tax Return in Henry County, IA Over the Last 10 Years
Over the past decade, Henry County, Iowa has exhibited a general upward trend in average total tax liability per tax return, climbing from $6,134.81 in 2012 to a notable $8,131.44 in 2021. This data potentially indicates increasing incomes or changes in local tax policies. For those interested in moving to or investing in Henry County, monitoring these tax liability trends could be vital for financial planning and understanding the broader economic landscape. Property developers might find this info useful for assessing potential returns within the county.
Cost of Living in Henry County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,103 | $1,375 | $1,934 | $1,139 | $1,257 |
| 1 adult 4 children | $1,103 | $1,123 | $1,479 | $1,139 | $1,405 |
| 2 adults 3 children | $1,103 | $1,124 | $1,678 | $1,139 | $1,030 |
| 1 adult 3 children | $1,103 | $917 | $1,223 | $1,139 | $1,149 |
| 2 adults 2 children | $822 | $920 | $1,422 | $993 | $878 |
| 1 adult 2 children | $822 | $687 | $967 | $993 | $843 |
| 2 adults 1 child | $822 | $727 | $1,165 | $520 | $795 |
| 1 adult 1 child | $822 | $470 | $711 | $520 | $663 |
| 2 adults | $654 | $584 | $909 | $0 | $632 |
| 1 adult | $601 | $319 | $455 | $0 | $540 |
Safety trends & Data
Henry County, Iowa, has seen fluctuating property crime rates, with larceny-theft being the most common offense. Vandalism incidents peaked at 37.0 cases in 2019 and spiked again to 41.0 in 2022. Notably, burglary cases have significantly dropped from 42.0 in 2019 to just 7.0 in 2022. Motor vehicle theft has remained relatively low but showed minor increases, from 5.0 cases in 2019 to 9.0 in both 2021 and 2022. While rarer crimes like arson, forgery, and fraud have shown minimal fluctuation,... Read more
Property Crime Trends in Henry County, IA Over the Last 5 Years
Henry County, Iowa, has seen fluctuating property crime rates over the past five years, with larceny-theft consistently reported as the most common offense. Notably, incidents of vandalism have shown varied trends, with a peak in 2019 at 37.0 reported cases and a recent spike to 41.0 cases in 2022. Burglary cases have notably decreased steadily from a high of 42.0 in 2019 to only 7.0 in 2022. On the other hand, motor vehicle theft has generally remained low but stable, with minor increases such as from 5.0 cases in 2019 to 9.0 in both 2021 and 2022. While more rare offenses like arson, forgery, and fraud have shown minimal fluctuation, their presence is still a factor to consider. These crime patterns could be critical for potential real estate investors, appraisers, and prospective residents to form a comprehensive risk assessment.
Demographics
Henry County, Iowa's adult population skews slightly higher for males, comprising around 53% of residents, with a notably large portion having at least a high school diploma. A significant demographic slice falls within the 55 to 64 age range, hinting at a maturing population that might impact public services and healthcare. Also interesting is the clear predominance of the White demographic at 18177 residents, which could suggest homogeneous cultural and social... Read more
Race Distribution in Henry County, Iowa (2022)
Educational Attainment in Henry County, Iowa (2022)
Age Distribution in Henry County, Iowa
Citizen Population in Henry County, Iowa (2022)
Political Trends & Data
In Henry County, Iowa, the 2020 U.S. Presidential Election saw a significant tilt towards the Republican party, capturing about 65.4% of the vote. The Democratic party trailed with roughly 32.8%, while third-party candidates, including Libertarian and Green, secured only a minimal share. This voting behavior suggests a strong Republican influence and a challenging environment for third-party contenders in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Henry County, Iowa, the majority of votes in the 2020 U.S. Presidential Election leaned towards the Republican party, with around 65.4%. The Democratic party garnered approximately 32.8% of the vote, while the Libertarian and Green parties, along with other minor parties, captured only a small fraction. This voting pattern perhaps indicates a strong Republican presence and a less competitive field for third-party candidates in this county.
65.37% of voters voted for the Republican party in the 2020 Presidential Election
32.81% of voters voted for the Democrat party in the 2020 Presidential Election
1.28% 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
0.39% of voters voted for the Other party in the 2020 Presidential Election
School Data
Henry County, Iowa has seen its student-to-teacher ratio fluctuate over the past decade, peaking at 15 in 2020 before settling into the 14 range by 2023. This trend, still close to the national average, might hint at shifts in educational resources or population changes in the county. Such insights could be pivotal for investors, educators, and residents in understanding the evolving educational landscape and planning for future... Read more
Student-to-teacher ratio in Henry County, Iowa over the last 10 years
Henry County, Iowa has seen fluctuations in its student-to-teacher ratio over the past decade. Starting at 11 students per teacher range in 2014, the ratio remained relatively stable until a notable increase beginning in 2018. It peaked at 15 in 2020 before settling back into the 14 range by 2023. While still close to the national average of 14 students per teacher, these changes could signal shifts in educational resources or population trends within the county. For investors, educators, and residents, understanding these shifts might provide critical insights into the county's educational infrastructure and its potential future needs.
