Ida County Real Estate and Livability Trends
Ida County, Iowa's real estate market is seeing notable trends with consistent growth in median home values, rising from $80,300 in 2015 to $108,000 by 2022, despite a slight 2021 dip. This affordability factor could be attracting new investors. Real estate taxes have nearly doubled over the past decade, up from $1,751.67 in 2012 to $3,540.00 in 2021, which is crucial for potential property... Read more
Ida County Market Trends
Ida County, Iowa has shown a consistent growth in median home values, going from $80,300 in 2015 to $108,000 by 2022, despite a slight dip in 2021, highlighting the market's resilience and making it an attractive spot for affordable investments. Energy tax credits in the area have seen significant variability, peaking at $1,075.00 in 2016 and dropping to $400.00 in 2017, reflecting possible... Read more
Median Value of Occupied Housing Units in Ida County, Iowa Over the Last 8 Years
Ida County, Iowa has seen a steady increase in median home values over the last 8 years, beginning at $80,300 in 2015 and climbing to $108,000 by 2022. Despite a slight dip in 2021, the overall trend showcases growth, reflecting local market resilience. Compared to Iowa's state average of $181,600 in 2022 and the national average of $179,400, Ida County's median home values remain significantly lower, potentially offering more affordable investment opportunities. For those considering investing, moving, or building in the area, these values suggest Ida County might offer both lower entry costs and room for growth.
Residential Energy Tax Credit Per Tax Return in Ida County, IA Over the Last 8 Years
Ida County, Iowa sees a fluctuating trend in the average residential energy tax credits per tax return, peaking at $1,075.00 in 2016 and bottoming out at $400.00 in 2017. Such variability could indicate changes in local policies, energy costs, or resident participation in energy-saving initiatives. Those looking to invest in local real estate or considering green energy projects may note that incentives have varied significantly year-to-year, affecting return on investment and potential long-term savings.
Average Real Estate Taxes Per Tax Return in Ida County, IA Over the Last 10 Years
Real estate taxes in Ida County, Iowa have experienced a noticeable upward trend over the past decade. Starting at roughly $1,751.67 per tax return in 2012, they saw a significant rise, hitting $3,540.00 by 2021. An interesting spike occurred between 2017 and 2018, where taxes jumped from $2,498.39 to $3,225.00. This pattern could suggest a growing property value or legislative changes impacting taxes, making it a point of interest for potential investors, real estate agents, and property developers. This trend is crucial for those assessing long-term property costs or considering future investments in the area.
Percentage of Farm Returns in Ida County, IA Over the Last 10 Years
Ida County, Iowa, has seen a mostly steady percentage of farm tax returns over the past decade, with values fluctuating slightly around the 14.6% mark, peaking at roughly 14.85% in 2017. Farm tax returns provide insights into the agricultural productivity and economic contribution of farms within the county. For investors or those seeking to build property, these consistent percentages suggest a stable agricultural sector which may impact land values, local businesses, and the community economy positively.
Number of Mortgages by Occupancy Type in Ida County, IA Over the Last 5 Years in Ida County
Over the past five years, Ida County, Iowa has seen a noticeable uptick in the number of mortgages for both principal residences and investment properties, with the former consistently dominating. Principal residence mortgages went from 104 in 2018 to 187 in 2021, indicating a growing local population or demand for primary housing. Investment property mortgages have also increased, albeit more modestly, suggesting a slowly rising interest in real estate as an asset class in the county. Occasional mortgages for second residences hint at a possible interest in vacation homes or secondary living. Changes in occupancy type are critical as they shape local market dynamics, influencing property values, rental markets, and insurance considerations. For investors, appraisers, and realtors, understanding these trends helps in making informed decisions about where to invest and how to adjust strategies.
Economic Outlook
Ida County, Iowa has experienced a noticeable growth in average taxable income, rising from $61,372.70 in 2013 to $84,662.89 in 2021. This trend suggests economic advancements that may be drawing in investors and residents. However, it’s worth noting the significant fluctuations in state and local income taxes, particularly the peak in 2019 at $15,430.77, reflecting possible economic shifts in the area. Additionally, the recent uptrend in total tax liability to $14,056.23 in 2021 could affect... Read more
Average Taxable Income per Tax Return in Ida County, IA over the last 9 years
Ida County, Iowa has seen a general upward trend in average taxable income per tax return over the past nine years. While there have been slight year-to-year fluctuations, the overall increase from $61,372.70 in 2013 to $84,662.89 in 2021 suggests potential economic growth. This trend may be indicative of rising property values, better employment opportunities, or other financial enhancements in the area, potentially making it an appealing option for investors, prospective residents, and developers.
Average State and Local Income Taxes Per Tax Return in Ida County, IA Over the Last 10 Years
Ida County, Iowa has seen significant fluctuations in average state and local income taxes per tax return over the last decade, peaking notably in 2019 at $15,430.77. Variability in tax amounts highlights potential economic shifts within the county, indicating both opportunities and considerations for prospective investors and residents. Understanding these trends can be pivotal for financial planning and assessing long-term economic stability in the area.
Average Total Tax Liability Per Tax Return in Ida County, IA Over the Last 10 Years
Over the past decade, average total tax liability per tax return in Ida County, Iowa has shown variability, with notable increases in 2020 and 2021, reaching $12,235.57 and $14,056.23 respectively. Despite some years of decline, recent trends suggest a rising tax responsibility for residents, potentially influencing investment and living costs in the county. This could impact decisions for those considering property development or relocation to the area, highlighting the importance of assessing local economic conditions.
Cost of Living in Ida County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $968 | $1,335 | $2,105 | $939 | $1,200 |
| 1 adult 4 children | $968 | $1,090 | $1,612 | $939 | $1,326 |
| 2 adults 3 children | $968 | $1,091 | $1,826 | $939 | $973 |
| 1 adult 3 children | $968 | $890 | $1,332 | $939 | $1,062 |
| 2 adults 2 children | $795 | $893 | $1,546 | $819 | $872 |
| 1 adult 2 children | $795 | $667 | $1,053 | $819 | $823 |
| 2 adults 1 child | $795 | $706 | $1,267 | $429 | $805 |
| 1 adult 1 child | $795 | $456 | $773 | $429 | $664 |
| 2 adults | $604 | $567 | $987 | $0 | $648 |
| 1 adult | $581 | $309 | $494 | $0 | $557 |
Safety trends & Data
Ida County, Iowa, has experienced fluctuating property crime trends over the past four years, with low but varied incident rates. Notably, 2021 peaked with three vandalism and four larceny-theft cases, while 2022 saw an increase in crime diversity, including burglary, motor vehicle theft, forgery and counterfeiting, and fraud, each recording one instance. This can influence real estate values and insurance premiums, emphasizing the need for... Read more
Property Crime Trends in Ida County, IA Over the Last 4 Years
Property crime trends in Ida County, Iowa show varied activity over the past four years. Vandalism incidents have been relatively low, peaking at three cases in 2021, while larceny-theft cases were most prominent in the same year with four occurrences. Recent data from 2022 indicated a diversification of crimes, including burglary, motor vehicle theft, forgery and counterfeiting, and fraud, each with one reported case. This variation suggests that while the county has generally lower crime rates, there is a need for vigilance across different property crime types, which could impact real estate values and insurance premiums.
Demographics
The adult population in Ida County, Iowa, appears nearly evenly split between males and females, hinting at balanced gender representation. In educational attainment, a significant portion of residents have completed high school, with fewer pursuing higher education degrees like bachelor's or graduate degrees. Age-wise, there's a noticeable number of older adults, especially those aged 55 to 64, which might indicate an aging population. When looking at race distribution, the population is... Read more
Race Distribution in Ida County, Iowa (2022)
Educational Attainment in Ida County, Iowa (2022)
Age Distribution in Ida County, Iowa
Citizen Population in Ida County, Iowa (2022)
Political Trends & Data
Ida County leans strongly Republican, as evidenced by nearly 75% voting GOP in the 2020 Presidential Election. Democrats received less than 25%, and Libertarians along with other parties had minimal impact. This trend could indicate a solid conservative base, or a long-standing Republican preference in this region of... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Ida County appears to lean heavily Republican, with nearly 75% of the vote going to the GOP in the 2020 Presidential Election. Democrats garnered less than a quarter of the vote, while Libertarians and other parties received a negligible share. This trend might suggest a strong conservative presence or possibly a historical inclination towards the Republican Party in this part of Iowa.
74.95% of voters voted for the Republican party in the 2020 Presidential Election
23.82% of voters voted for the Democrat party in the 2020 Presidential Election
0.70% 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
Ida County, Iowa, saw wild swings in its student-to-teacher ratio, hitting a high of 76 students per teacher in 2019 before settling back to a more manageable 19 in 2023, still above the national average of 14. These fluctuations could point to shifts in funding, policy, or population, all of which might impact property values and the community's attractiveness. For appraisers, insurance agents, builders, and real estate agents, grasping these changes is key to forecasting market trends and... Read more
Student-to-teacher ratio in Ida County, Iowa over the last 10 years
Ida County, Iowa has seen significant fluctuations in the student-to-teacher ratio over the past decade, culminating in an exceptionally high peak of 76 students per teacher in 2019 before gradually dropping to 19 in 2023. This variance is quite unique compared to the national average of 14 students per teacher. Such dramatic changes could imply shifts in funding, policy decisions, or population movements, which might impact the quality of education and thereby influence property values and community appeal for potential investors, new residents, and local stakeholders. Understanding these ratios is essential for appraisers, insurance agents, builders, and real estate agents to predict future trends and market dynamics in the region.
