Jasper County Real Estate and Livability Trends
Jasper County, Iowa's real estate market has shown promising trends with the median home values increasing from $142,500.00 in 2021 to $163,800.00 in 2022, indicating appreciating property values. Rising local and state income taxes could suggest economic growth, an appealing factor for investors. Residential energy tax credits hitting highs of $3,325.00 in 2018 might encourage property... Read more
Jasper County Market Trends
Jasper County, Iowa's median home values have seen a steady rise, increasing sharply from $142,500 in 2021 to $163,800 in 2022, trailing slightly behind the state and national trends. The fluctuations in residential energy tax credits, with highs like $3,325.00 in 2018, could offer financial incentives for those renovating or building, potentially impacting property valuations. Real estate taxes... Read more
Median Value of Occupied Housing Units in Jasper County, Iowa Over the Last 8 Years
Jasper County, Iowa's median home values have seen a consistent rise over the past eight years, with a particularly sharp increase from $142,500 in 2021 to $163,800 in 2022. This is in contrast to Iowa's overall trend, where state median home values jumped from $160,700 in 2021 to $181,600 in 2022, showing a similar but slightly steeper rise. Compared to the national figures, which climbed from $157,100 to $179,400 from 2021 to 2022, Jasper County's growth appears a bit more moderate. This gradual yet steady increase in median home values could be appealing for potential investors and residents looking for stable yet affordable market conditions relative to broader state and national trends.
Residential Energy Tax Credit Per Tax Return in Jasper County, IA Over the Last 9 Years
Jasper County, Iowa has seen significant fluctuations in residential energy tax credits over the past nine years, with notable peaks in 2018 at $3325.00 and 2021 at $1828.57. This variability could suggest changing policies or shifts in resident adoption of energy-efficient upgrades, presenting opportunities and challenges for investors, real estate agents, and those looking to move into the area. With credits as high as these, individuals interested in building or renovating property may find financial incentives particularly appealing, while appraisers and insurance agents might factor these trends into property valuations and policy considerations.
Average Real Estate Taxes Per Tax Return in Jasper County, IA Over the Last 10 Years
Real estate taxes per tax return in Jasper County, Iowa, have exhibited an upward trend over the past decade, starting at approximately $2,609.44 in 2012 and rising to about $4,151.56 in 2021. This steady increase might suggest rising property values or possibly changes in tax assessments. For potential investors or those interested in relocating, this information could indicate a growing local economy. Real estate agents and appraisers might view this as a sign of a strong market, while insurance agents could look to adjust policies to reflect updated property valuations.
Percentage of Farm Returns in Jasper County, IA Over the Last 10 Years
Jasper County, Iowa has observed a slight yet consistent decline in the percentage of farm tax returns over the past decade, from 6.39% in 2012 to 5.56% in 2021. Farm tax returns are essentially the filings that farmers submit to report income and expenses related to agricultural activities, which can be a helpful indicator of the agricultural economic landscape within a county. This gradual downward trend might be of interest to investors, developers, and residents, as it could signify shifts in land use, economic challenges in the farming sector, or changing demographics within the community.
Number of Mortgages by Occupancy Type in Jasper County, IA Over the Last 5 Years in Jasper County
In Jasper County, Iowa, the past five years indicate a consistent trend where the majority of mortgages are for principal residences, with figures notably higher than those for investment or second residences. For instance, in 2022, there were 1,896 mortgages for principal residences compared to 92 for investment properties and 13 for second residences. This trend suggests a stable demand for homes primarily used as primary living spaces. Such occupancy type data is vital for investors, as areas with high owner-occupancy rates might indicate stable neighborhoods with less turnover. Real estate agents and property developers might infer a steady market for family homes, while appraisers and insurance agents can use these trends to assess risk and property values accordingly. It's interesting to note the fluctuating numbers in investment properties, peaking slightly during economic uncertainties, possibly hinting at investor behavior during those times.
Economic Outlook
In Jasper County, Iowa, the average taxable income per tax return has risen from $52,838.37 in 2013 to around $68,900.59 by 2021, hinting at a possibly healthy and expanding local economy. This trend could make the county appealing for property investors. Additionally, the average state and local income taxes per tax return have surged, particularly between 2017 and 2018, reflecting significant economic shifts. The fluctuating total tax liability, which peaked at $9,088.08 in 2021, also... Read more
Average Taxable Income per Tax Return in Jasper County, IA over the last 9 years
In Jasper County, Iowa, average taxable income per tax return has shown a noticeable upward trend over the past nine years, starting at approximately $52,838.37 in 2013 and reaching around $68,900.59 by 2021. This gradual increase suggests a potentially robust and growing local economy, making the area attractive for investors and those considering property development. If you're planning to move to Jasper County, this positive economic indicator might imply better employment opportunities and a higher standard of living.
Average State and Local Income Taxes Per Tax Return in Jasper County, IA Over the Last 10 Years
Jasper County, Iowa, has experienced a significant increase in average state and local income taxes per tax return over the last decade, notably peaking in 2021 at $8,649.21. Notably, between 2017 and 2018, there was a dramatic jump from $5,900.24 to $7,981.58, reflecting substantial changes in tax policies or economic conditions. This upward trend is crucial for prospective investors, residents, and property developers, indicating possible rising costs of living and influencing financial planning strategies.
Average Total Tax Liability Per Tax Return in Jasper County, IA Over the Last 10 Years
Over the past decade, Jasper County, Iowa has seen fluctuations in average total tax liability per tax return, peaking at $9,088.08 in 2021. These increases suggest potential rising incomes or changes in tax policy. For investors, this trend could indicate shifting economic dynamics or growth potential in the county. The variability is notable for anyone considering the financial implications of living or doing business in Jasper County.
Cost of Living in Jasper County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,158 | $1,440 | $1,712 | $1,425 | $1,328 |
1 adult 4 children | $1,158 | $1,176 | $1,316 | $1,425 | $1,508 |
2 adults 3 children | $1,158 | $1,176 | $1,482 | $1,425 | $1,101 |
1 adult 3 children | $1,158 | $960 | $1,086 | $1,425 | $1,255 |
2 adults 2 children | $835 | $963 | $1,252 | $1,254 | $915 |
1 adult 2 children | $835 | $719 | $856 | $1,254 | $911 |
2 adults 1 child | $835 | $761 | $1,022 | $695 | $813 |
1 adult 1 child | $835 | $492 | $626 | $695 | $695 |
2 adults | $634 | $611 | $792 | $0 | $600 |
1 adult | $616 | $333 | $396 | $0 | $531 |
Safety trends & Data
Jasper County, Iowa has experienced fluctuating property crime trends over the past five years. Larceny-theft peaked at 93 offenses in 2018 but has trended downward to around mid-50s recently. Burglary incidents declined from 29 in 2018 to about 14 in 2022. Motor vehicle theft spiked from 5 to 15 instances, and vandalism saw a high of 35 offenses in 2022. While arson, embezzlement, and fraud remained low, rising vandalism and motor vehicle theft figures are worth noting for risk... Read more
Property Crime Trends in Jasper County, IA Over the Last 5 Years
Over the past five years, Jasper County, Iowa has seen notable fluctuations in property crime trends. Larceny-theft consistently remains the most prevalent, peaking at 93 offenses in 2018 and trending downward to roughly mid-50s in recent years. Burglary showed a general decline, with the highest at 29 instances in 2018 to lower figures around 14 in 2022. Motor vehicle theft saw significant variability, slightly increasing from 5 to 15 incidences. Vandalism also varied, with a notable high of 35 offenses in 2022. Arson, embezzlement, and fraud remained relatively low but steady, hinting at specific areas of concern. Investors, appraisers, and insurance agents should particularly consider the rising figures in vandalism and motor vehicle theft for a comprehensive risk assessment.
Demographics
Jasper County, Iowa's adult population slightly leans male, with a noticeable gender gap. Educational attainment shows a heavy concentration of residents with a high school diploma or some college, yet a relatively lower proportion hold bachelor's or higher degrees. The age distribution is fairly balanced, but there's a potential wave of retirees with a significant number of residents approaching 65 years and older. Racially, the county remains predominantly White, with other racial groups... Read more
Race Distribution in Jasper County, Iowa (2022)
Educational Attainment in Jasper County, Iowa (2022)
Age Distribution in Jasper County, Iowa
Citizen Population in Jasper County, Iowa (2022)
Political Trends & Data
Jasper County, Iowa, demonstrated a clear preference for the Republican party in the 2020 U.S. Presidential Election, with around 60% of the vote going to the GOP. In contrast, the Democratic party secured about 38%, highlighting a considerable disparity. While minor parties like the Libertarians and Greens were in the mix, their influence was negligible, barely receiving over 1% of votes. This voting pattern potentially signals a robust conservative inclination within the county, aligning with... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jasper County, Iowa, the 2020 U.S. Presidential Election saw a definitive lean towards the Republican party, capturing approximately 60% of the vote. The Democratic party followed with roughly 38%, showcasing a significant gap. Although minor parties like the Libertarian and Green parties were present, their impact was minimal, barely crossing the 1% threshold. This distribution may suggest a strong conservative base in Jasper County, reflective of broader regional trends in Iowa.
60.07% of voters voted for the Republican party in the 2020 Presidential Election
38.33% of voters voted for the Democrat party in the 2020 Presidential Election
1.03% 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
0.42% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Jasper County, Iowa, has hovered between 13 and 15 students per teacher for the past decade, recently peaking at nearly 15 students in 2022 before slightly decreasing to 14 in 2023. This trend could influence family relocation decisions, as lower ratios typically suggest more personalized classroom attention. For investors and builders, a higher ratio might indicate future needs for educational infrastructure. Real estate agents and appraisers might see these... Read more
Student-to-teacher ratio in Jasper County, Iowa over the last 10 years
The student-to-teacher ratio in Jasper County, Iowa has fluctuated between 13 and 15 students per teacher over the past decade. Recently, it has been slightly above the national average of 14, reaching a peak of nearly 15 students in 2022 before dipping back to 14 in 2023. This trend might impact decisions for families considering moving to the area, as lower ratios often indicate more personalized attention in classrooms. For potential investors or builders, a higher ratio could signal impending needs for more educational infrastructure. Real estate agents and appraisers might also find these trends useful to gauge community investment in education-related facilities, potentially translating to higher demand in residential areas.