Iowa County Real Estate and Livability Trends
Iowa County, Iowa has shown a robust economic climate, with average taxable income per tax return climbing from $58,686.58 in 2013 to $73,254.43 by 2021, reflecting a potentially appealing environment for investors. Median home values reached $175,600 in 2022, demonstrating significant growth over the past eight years, coupled with a steady increase in real estate taxes, highlighting rising... Read more
Iowa County Market Trends
Median home values in Iowa County, Iowa, have shown a significant upward trend over the last eight years, reaching $175,600 in 2022. Real estate taxes have also steadily increased from approximately $2,388.64 in 2012 to around $3,946.88 in 2020, indicating rising long-term costs for property owners. Meanwhile, residential energy tax credits have fluctuated, with a notable spike reaching $4,100.00... Read more
Median Value of Occupied Housing Units in Iowa County, Iowa Over the Last 8 Years
Over the last eight years, median home values in Iowa County, Iowa, have shown an upward trend, reaching $175,600 in 2022. This is in line with state-wide increases in Iowa, where the median value hit $181,600 the same year, and closely mirrors national trends hitting $179,400. Both the county and state have generally seen higher home value growth compared to national figures, suggesting that investing in Iowa County could be appealing to those interested in the region's property market dynamics.
Residential Energy Tax Credit Per Tax Return in Iowa County, IA Over the Last 9 Years
Iowa County, Iowa has seen fluctuating residential energy tax credits over the past nine years, with notable peaks in 2014 at $1155.00 and a dramatic spike in 2018 reaching $4100.00 per tax return. Potential swings like these may draw interest for investors and real estate agents as indicators of homeowner investment in energy efficiency. Property developers and insurance agents might find the rising trend significant, hinting at an increased adoption of energy-saving improvements and potentially affecting property valuations and risk assessments. The overall variability suggests a responsive local market, potentially driven by fluctuating energy prices or varying participation in state incentives.
Average Real Estate Taxes Per Tax Return in Iowa County, IA Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Iowa County, Iowa have generally exhibited an upward trend, starting at approximately $2,388.64 in 2012 and peaking around $3,946.88 in 2020. This steady increase can potentially impact both property investors and homeowners in terms of long-term costs. As a key consideration for appraisers and real estate agents, understanding this trend may help in accurately assessing property values and investment returns. For prospective buyers, the higher tax burden might play a crucial role in decision-making, while insurance agents may adjust premiums based on these evolving costs. Additionally, developers and those looking to build could factor this into their financial planning, anticipating future tax liabilities.
Percentage of Farm Returns in Iowa County, IA Over the Last 10 Years
Farm tax returns in Iowa County, Iowa have hovered around 10.60% to 9.98% over the past decade, indicating a relatively stable agricultural activity in the region. Investors, prospective residents, and developers may find this stability appealing as it suggests a consistent agrarian economy that can contribute to local income and employment. However, slight fluctuations could indicate changing market conditions or variations in agricultural output over the years.
Number of Mortgages by Occupancy Type in Iowa County, IA Over the Last 5 Years in Iowa County
The mortgage data for Iowa County, Iowa over the last five years indicates that principal residences overwhelmingly dominate mortgage counts, with a significant peak in 2020 at 1,184. Investment property mortgages consistently lag far behind, showing a gradual decline from 31 in 2019 to 20 in 2022. Similarly, second residences remain minimal and stable, with numbers consistently in the single digits or low teens. This shift in occupancy type can influence various stakeholders: investors might see fewer opportunities in rental properties, whereas homebuyers and builders could find it beneficial to focus on catering to primary residence demands. Appraisers and real estate agents should note these trends to better assess market values and advise clients accurately. Insurers might also adjust their policies and premiums based on the risks associated with the dominant type of occupancy in the area.
Economic Outlook
Iowa County, Iowa has exhibited a notable increase in average taxable income per tax return, climbing from roughly $58,686.58 in 2013 to about $73,254.43 by 2021. This consistent growth, especially between 2018 and 2021, implies a potentially robust economic climate favorable for investors and property developers. Fluctuations in state and local income taxes, with a significant spike in 2018 to $10,825.64, highlight potential changes in tax policies worth noting. Moreover, total tax liability... Read more
Average Taxable Income per Tax Return in Iowa County, IA over the last 9 years
Iowa County, Iowa has shown a consistent increase in average taxable income per tax return over the past nine years, rising from approximately $58,686.58 in 2013 to around $73,254.43 in 2021. Notable upticks are seen in recent years, particularly between 2018 and 2021, where average taxable income jumped significantly from $64,216.92 to about $73,254.43. This steady growth could suggest a thriving economic environment that may be attractive for potential investors, property builders, and new residents interested in stable income trends.
Average State and Local Income Taxes Per Tax Return in Iowa County, IA Over the Last 10 Years
Over the past decade, Iowa County, Iowa has seen a notable fluctuation in state and local income taxes per tax return. While most years maintained figures around the $6,000-$7,000 range, a remarkable spike occurred in 2018, hitting $10,825.64, and subsequently, values remained significantly higher than pre-2018 levels. This shift may indicate changes in local tax policies or economic conditions, making it relevant for potential investors and new residents to understand the broader financial landscape in the county.
Average Total Tax Liability Per Tax Return in Iowa County, IA Over the Last 10 Years
Iowa County, Iowa, has seen fluctuations in total tax liability per tax return over the past decade, with a notable peak in recent years. From a dip in 2019 to $7,777.02, there was a sharp rise to $10,019.52 in 2021, suggesting possible economic changes or policy impacts influencing tax burdens. This trend might offer insights for investors or residents about the shifting financial landscape in the county.
Cost of Living in Iowa County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,130 | $1,496 | $1,934 | $977 | $1,313 |
| 1 adult 4 children | $1,130 | $1,222 | $1,479 | $977 | $1,461 |
| 2 adults 3 children | $1,130 | $1,222 | $1,678 | $977 | $1,072 |
| 1 adult 3 children | $1,130 | $998 | $1,223 | $977 | $1,191 |
| 2 adults 2 children | $795 | $1,000 | $1,422 | $853 | $890 |
| 1 adult 2 children | $795 | $747 | $967 | $853 | $849 |
| 2 adults 1 child | $795 | $791 | $1,165 | $447 | $817 |
| 1 adult 1 child | $795 | $511 | $711 | $447 | $694 |
| 2 adults | $678 | $635 | $909 | $0 | $699 |
| 1 adult | $581 | $346 | $455 | $0 | $563 |
Safety trends & Data
Iowa County, Iowa has seen fluctuating property crime trends over the past five years. Larceny-theft was most frequent in 2022 with 8 incidents, and motor vehicle theft peaked in 2021 at 5 incidents. Burglary incidents hit their highest at 5 in 2019 but dropped to 2 by 2022. Fraud also fluctuated, peaking at 5 incidents in 2018. These trends could influence decisions on property investment, development, and security measures for potential homeowners and... Read more
Property Crime Trends in Iowa County, IA Over the Last 5 Years
Iowa County, Iowa has seen varied property crime trends over the last five years, with noticeable fluctuations in different categories. Larceny-theft was most frequent in 2022 with 8 reported incidents, while motor vehicle theft peaked in 2021 at 5 incidents. Burglary incidents reached their highest at 5 in 2019 but dropped to 2 by 2022. Fraud and embezzlement also appeared sporadically, with fraud peaking at 5 incidents in 2018. For those considering investment, property development, or living in Iowa County, it's essential to consider these trends and their potential impact on the property's security measures and community safety standards.
Demographics
Iowa County, Iowa's population shows a fairly balanced gender distribution with males slightly edging out females. For educational attainment, the majority have completed high school or some college, though a notable portion holds advanced degrees. The age distribution suggests a predominant older population, particularly in the 55-64 age range, which might impact healthcare and retirement services in the future. In terms of race, the community is predominantly White, with very small minorities... Read more
Race Distribution in Iowa County, Iowa (2022)
Educational Attainment in Iowa County, Iowa (2022)
Age Distribution in Iowa County, Iowa
Citizen Population in Iowa County, Iowa (2022)
Political Trends & Data
Iowa County, Iowa shows a notable Republican leaning, with around 62% of voters supporting the GOP in the 2020 U.S. Presidential Election. Democrats managed to secure nearly 36% of the vote, and third-party candidates, including Libertarians, captured just around 2%. This could imply a strong Republican base with limited but persistent interest in alternative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Iowa County, Iowa, Republicans garnered approximately 62% of the vote in the 2020 U.S. Presidential Election, possibly indicating a significant Republican presence. Democrats captured roughly 36%, while Libertarians and other minor parties together secured around 2%, suggesting limited but persistent third-party interests. The data could suggest a notable partisan leaning in the county's electorate.
61.95% of voters voted for the Republican party in the 2020 Presidential Election
36.41% of voters voted for the Democrat party in the 2020 Presidential Election
1.05% 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
0.44% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Iowa County, Iowa, the student-to-teacher ratio has slightly trended below the national average of 14 students per teacher over the past decade. This pattern suggests a more personalized educational environment, which might attract families focused on education quality. Investors and real estate agents could leverage this as a selling point, while property developers and appraisers might see it as indicative of community priorities and a potential growth... Read more
Student-to-teacher ratio in Iowa County, Iowa over the last 10 years
The student-to-teacher ratio in Iowa County, Iowa has generally hovered close to, but slightly below, the national average of 14 students per teacher over the last decade. This trend implies a relatively stable and potentially more personalized educational environment compared to other regions. A lower ratio could be a significant draw for families prioritizing education quality, while investors and real estate agents might see this as an attractive selling point. For those in the property development and appraisal sectors, understanding these nuances could provide a clearer picture of community priorities and potential growth areas.
