Jefferson County Real Estate and Livability Trends
In Jefferson County, Iowa, the median home values have surged from $101,000 in 2015 to $141,500 in 2022, surpassing both state and national growth rates, making the area appealing for real estate investments. Energy tax credit fluctuations, peaking at $4,300 in 2018, indicate higher investment in energy-efficient upgrades, impacting home appraisals and insurance evaluations. Average taxable... Read more
Jefferson County Market Trends
Jefferson County, Iowa has experienced robust growth in median home values, leaping from $101,000 in 2015 to $141,500 in 2022, outpacing both state and national trends. The fluctuations in residential energy tax credits, particularly the peaks of $4,300.00 in 2018 and $1,714.29 in 2017, suggest increased investment in energy-efficient home improvements, impacting appraisals and insurance... Read more
Median Value of Occupied Housing Units in Jefferson County, Iowa Over the Last 8 Years
Jefferson County, Iowa has seen a significant upward trend in median home values over the last eight years, with a notable jump from $101,000 in 2015 to $141,500 in 2022. This growth appears more pronounced when compared to state and national figures, where Iowa's median home values increased from $129,200 to $181,600, and the United States saw values rise from $125,500 to $179,400 over the same period. This relative affordability, coupled with the robust growth rate, may make Jefferson County an intriguing option for potential investors, home builders, and new residents looking for value growth opportunities in Iowa's housing market.
Residential Energy Tax Credit Per Tax Return in Jefferson County, IA Over the Last 9 Years
Jefferson County, Iowa has seen significant fluctuation in residential energy tax credits per tax return over the last nine years. Notable peaks occurred in 2018 with an average credit of $4300.00 and in 2017 with $1714.29, indicating potential increases in residential investments in energy-efficient improvements. This variability can influence property appraisals, insurance considerations, and provide insights for real estate agents or investors assessing the economic benefits of energy-saving modifications in the region. Interested parties might find these data points useful when evaluating the long-term value and sustainability of residential properties in the county.
Average Real Estate Taxes Per Tax Return in Jefferson County, IA Over the Last 10 Years
Real estate taxes in Jefferson County, Iowa have shown a steady increase over the past decade, jumping from approximately $3,073.51 per tax return in 2012 to around $5,700.00 in 2021. This rising trend could indicate growing property values or increasing tax rates, making it crucial for potential investors and property developers to factor in these escalating costs. For appraisers and insurance agents, understanding this trend is vital for accurate assessments and risk evaluations. Those looking to move to the area should anticipate higher annual property tax expenses compared to 10 years ago.
Percentage of Farm Returns in Jefferson County, IA Over the Last 10 Years
Over the last decade, farm tax returns in Jefferson County, Iowa have generally hovered around 8.00%, peaking slightly at 8.39% in 2016. However, a minor dip to 7.60% was observed in 2019. Farm tax returns represent farm-related income reported on individual or corporate tax returns, which can provide a snapshot of the agriculture sector's economic health in the area. Investors, potential homeowners, and local developers may find these trends indicative of the stability and potential growth in Jefferson County's agriculture economy, impacting property values and investment opportunities.
Number of Mortgages by Occupancy Type in Jefferson County, IA Over the Last 5 Years in Jefferson County
Over the last five years in Jefferson County, Iowa, there has been a noticeable trend in the number of mortgages based on occupancy type. Principal residences consistently dominate the mortgage market, with values peaking at 562 in 2020. Investment properties have seen slight fluctuations but remain relatively stable, hovering around the 30-40 range. Second residences show a distinct lower trend, with a brief spike to 16 in 2021 but typically remain in the single digits. Changes in occupancy types matter for several reasons. For investors, the stable count of investment property mortgages suggests a steady market without significant volatility, making it potentially less risky. Potential homeowners might view the high number of mortgages for principal residences as a sign of vibrant, stable communities. Appraisers and insurance agents would likely scrutinize these trends to assess property values and risk accurately. Real estate agents and developers need to understand these dynamics to tailor their strategies for listing and developing properties catered to either long-term residents, investors, or second-home buyers.
Economic Outlook
In Jefferson County, Iowa, the average taxable income per tax return has shown consistent growth over nine years, reaching $67,050.71 in 2021, indicating economic vitality that could attract property developers and investors. Average state and local income taxes have also risen, from $7,102.88 in 2012 to a peak of $14,400.00 in 2020, which might reflect increased economic activity or heightened revenue needs. Additionally, the total tax liability per tax return hit a notable high of... Read more
Average Taxable Income per Tax Return in Jefferson County, IA over the last 9 years
Over the last nine years, Jefferson County, Iowa has experienced fluctuating average taxable incomes per tax return, with notable increases. The recent significant jump to $67,050.71 in 2021 highlights growing economic potential and opportunities in the region, which may attract investors and new residents. Prospective property developers might find Jefferson County increasingly appealing, given this upward trend that suggests a strengthening local economy.
Average State and Local Income Taxes Per Tax Return in Jefferson County, IA Over the Last 10 Years
Jefferson County, Iowa has seen fluctuating average state and local income taxes per tax return over the past decade, with notable spikes in recent years. The per-return average climbed from $7,102.88 in 2012 to peak at $14,400.00 in 2020. These increases are of particular interest for prospective residents and investors, as higher taxes could reflect growing economic activity or increased revenue needs. Such trends are crucial for financial planning and assessing the overall economic health of the county.
Average Total Tax Liability Per Tax Return in Jefferson County, IA Over the Last 10 Years
Jefferson County, Iowa has seen fluctuations in the average total tax liability per tax return over the last decade, with amounts ranging from around $8,000.00 to over $10,500.00. Notably, there's a significant peak in 2021 at approximately $10,589.75, suggesting economic or policy changes impacting tax burdens. Investors and potential residents might find it useful to consider these variations when evaluating financial plans or property investments in the region.
Cost of Living in Jefferson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,170 | $1,355 | $1,934 | $1,276 | $1,317 |
| 1 adult 4 children | $1,170 | $1,107 | $1,479 | $1,276 | $1,479 |
| 2 adults 3 children | $1,170 | $1,107 | $1,678 | $1,276 | $1,089 |
| 1 adult 3 children | $1,170 | $904 | $1,223 | $1,276 | $1,223 |
| 2 adults 2 children | $856 | $906 | $1,422 | $1,113 | $909 |
| 1 adult 2 children | $856 | $677 | $967 | $1,113 | $888 |
| 2 adults 1 child | $856 | $716 | $1,165 | $583 | $812 |
| 1 adult 1 child | $856 | $463 | $711 | $583 | $684 |
| 2 adults | $650 | $575 | $909 | $0 | $622 |
| 1 adult | $646 | $314 | $455 | $0 | $551 |
Safety trends & Data
Jefferson County, Iowa, has experienced notable fluctuations in property crime over the past five years. Burglary peaked in 2020 with 24 incidents but has since decreased. Larceny-theft showed a significant drop from 43 in 2018 to 13 in 2021, before slightly rising to 28 in 2022. On the other hand, motor vehicle thefts and vandalism have remained relatively stable. Investors and property developers may want to consider these trends for their potential impact on insurance rates and property... Read more
Property Crime Trends in Jefferson County, IA Over the Last 5 Years
Jefferson County, Iowa has seen fluctuations in property crime over the past five years. Notably, burglary peaked in 2020 with 24 incidents but has since decreased. Larceny-theft also showed a significant drop from 43 in 2018 to 13 in 2021, before slightly rising to 28 in 2022. Motor vehicle thefts and vandalism, however, have remained relatively stable. Investors and property developers should consider these trends for their impact on insurance rates and property values in the area.
Demographics
Jefferson County, Iowa shows a balanced gender distribution with slightly more males than females in the adult population. The educational attainment data suggests a solid base of high school graduates, but there's a noteworthy number holding bachelor's or graduate degrees which may hint at economic potential and workforce quality. Age distribution reveals a substantial portion of the population is in the 25 to 34 age range, potentially indicating a community poised for growth with a productive... Read more
Race Distribution in Jefferson County, Iowa (2022)
Educational Attainment in Jefferson County, Iowa (2022)
Age Distribution in Jefferson County, Iowa
Citizen Population in Jefferson County, Iowa (2022)
Political Trends & Data
Jefferson County, Iowa, saw a tight contest in the 2020 U.S. Presidential Election, with Republicans holding a slight edge at nearly 50% of the vote, closely followed by Democrats at around 48%. Minor parties like the Libertarians and Green Party drew minimal support, with just over 1% and less than 1%, respectively. The narrow margin between the major parties could suggest a politically vibrant and possibly divided community, echoing larger state and national... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jefferson County, Iowa, saw a competitive race in the 2020 U.S. Presidential Election with Republicans possibly holding a slight edge at nearly 50% of the votes, while Democrats garnered about 48%. Libertarians and other minor parties seem to have captured marginal shares, with Libertarians receiving just over 1% and the Green Party less than 1%. The close numbers between major parties might indicate a highly contested political landscape, reflecting broader state and national trends.
49.96% of voters voted for the Republican party in the 2020 Presidential Election
48.21% of voters voted for the Democrat party in the 2020 Presidential Election
1.06% of voters voted for the Livertarian party in the 2020 Presidential Election
0.36% of voters voted for the Green party in the 2020 Presidential Election
0.41% of voters voted for the Other party in the 2020 Presidential Election
School Data
Jefferson County, Iowa has experienced a notable fluctuation in its student-to-teacher ratio over the past decade, starting at nearly 15 students per teacher in 2014 and decreasing to just over 13 by 2023. This decline may indicate improved resource allocation or reduced enrollment rates, which could interest potential investors and residents. Real estate agents might find this trend relevant, as it often correlates with property values and community attractiveness. A lower student-to-teacher... Read more
Student-to-teacher ratio in Jefferson County, Iowa over the last 10 years
Jefferson County, Iowa has seen a notable fluctuation in its student-to-teacher ratio over the past decade, starting at nearly 15 students per teacher in 2014 and gradually decreasing to just over 13 by 2023. While hovering slightly above the national average of 14 students per teacher for several years, the recent decline might suggest improved resource allocation or reduced enrollment rates. This trend could pique the interest of potential investors and residents, indicating potential shifts in educational quality and prioritization in the area. Real estate agents and appraisal professionals could find this data relevant as it often correlates with property values and community attractiveness. Moreover, a lower student-to-teacher ratio could be a selling point for families prioritizing education when considering a move.
