Johnson County Real Estate and Livability Trends
Johnson County, Iowa's average taxable income per tax return jumped from $67,030.38 in 2013 to $93,374.36 in 2021, suggesting a robust economic upswing that likely correlates with higher property values and dynamic job opportunities. Median home values surged from $193,600 in 2015 to $277,800 in 2022, surpassing both state and national growth rates, making the area appealing to investors. Real... Read more
Johnson County Market Trends
Median home values in Johnson County, Iowa have surged significantly from $193,600 in 2015 to $277,800 in 2022, outpacing state and national growth rates and signaling a potentially lucrative market for investors. Energy tax credits peaked dramatically in 2018 at $4678.57, hinting at a burst of energy-efficient investments that year. Real estate taxes have risen steadily, climbing from $3976.45... Read more
Median Value of Occupied Housing Units in Johnson County, Iowa Over the Last 8 Years
Median home values in Johnson County, Iowa have experienced a striking upward trend over the last eight years, soaring from $193,600 in 2015 to $277,800 by 2022. This growth rate potentially signals strong local economic stability and demand, especially when contrasted with the broader state and national figures. Iowa's median home value rose to $181,600 by 2022, and the national median came in even lower at $179,400 for the same year. Such dynamics could be enticing for investors and homebuyers, positioning Johnson County as a potentially lucrative market amidst broader affordability in both Iowa and the United States.
Residential Energy Tax Credit Per Tax Return in Johnson County, IA Over the Last 9 Years
Residential energy tax credits in Johnson County, Iowa have seen significant fluctuations over the past nine years. Notably, there was a dramatic increase in 2018 with an average credit reaching $4678.57, which greatly surpasses other years. This spike could suggest a surge in investments in energy-efficient home improvements or major energy projects during that time. Comparatively, the values in the other years ranged between $879.44 and $2104.55. Such variability might influence financial planning and investment decisions, particularly for those who prioritize sustainability and energy efficiency in their new or existing properties.
Average Real Estate Taxes Per Tax Return in Johnson County, IA Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Johnson County, Iowa have shown a consistent upward trend, increasing from approximately $3,976.45 in 2012 to around $6,984.31 in 2021. This steady rise might indicate a growing market and potentially increasing property values, impacting both homeowners and investors. While this suggests a robust local economy, prospective buyers, real estate agents, and appraisers in Johnson County should consider these tax escalations when making financial decisions.
Percentage of Farm Returns in Johnson County, IA Over the Last 10 Years
Farm tax returns in Johnson County, Iowa have fluctuated slightly over the last decade, averaging just around 2% of total tax filings. This trend suggests a relatively stable farming presence, which may indicate consistent agricultural activity but also hints at potential challenges in expansion within the sector. For investors or those considering relocation, such data points may underscore the resilience of local farming amidst economic shifts. For those looking to build property or engage in different business ventures, the stable yet modest proportion of farm tax returns could mean a balanced and diverse local economy with a touch of rural charm.
Number of Mortgages by Occupancy Type in Johnson County, IA Over the Last 5 Years in Johnson County
The data on mortgage counts in Johnson County, Iowa, over the past five years shows notable fluctuations, particularly in mortgages for principal residences. Principal residence mortgages saw a peak in 2020 at 12,912, but dropped to 7,083 in 2022. Investment property mortgages have remained relatively stable with a slight decrease from 806 in 2021 to 665 in 2022. Second residence mortgages have consistently comprised the smallest share, showing subtle declines from 293 in 2021 to 202 in 2022. Changes in occupancy types could influence housing market dynamics, as shifts towards more investment properties signal different economic incentives compared to rising principal residence acquisitions. Investors may trigger competition and potentially inflate housing prices, impacting affordability for local buyers. Conversely, a high number of principal residences might reflect a stable or growing local population base, which can be attractive for new businesses, infrastructure development, and community services, ultimately affecting long-term real estate values and insurance risks.
Economic Outlook
Johnson County, Iowa has experienced a robust economic upswing, with average taxable income per tax return jumping from $67,030.38 in 2013 to $93,374.36 in 2021. This general prosperity seems to tie in with rising state and local income taxes, which peaked at $14,445.47 in 2021. A constant increase in total tax liability, reaching $16,404.87 at its highest, hints at an environment with possibly higher property values and dynamic job opportunities. This trend might be appealing for investors and... Read more
Average Taxable Income per Tax Return in Johnson County, IA over the last 9 years
Johnson County, Iowa has seen a noticeable increase in average taxable income per tax return over the past nine years. In 2013, the average was around $67,030.38, but by 2021, it had risen to approximately $93,374.36. This trend suggests a generally prosperous economic environment that could be attractive to potential investors, those looking to move, or those considering building property in the area. The consistent year-over-year growth—with a particularly sharp increase from 2017 to 2021—hints at a robust local economy and probably increasing job opportunities and wage growth.
Average State and Local Income Taxes Per Tax Return in Johnson County, IA Over the Last 10 Years
Over the past decade, Johnson County, Iowa has experienced a significant rise in average state and local income taxes per tax return. From a starting point of $6,895.13 in 2012, there was a gradual increase until 2017, followed by a sharp uptick in 2018 to $12,420.37. This rising trend continued, peaking in 2021 at $14,445.47. This surge in taxes can be insightful for investors or individuals considering a move to the area, as the increased tax burden may affect disposable income, cost of living, and investment yields.
Average Total Tax Liability Per Tax Return in Johnson County, IA Over the Last 10 Years
Over the last decade, Johnson County, Iowa has seen a consistent increase in the average total tax liability per tax return, peaking at $16,404.87 in 2021. Notably, there's been a significant jump from $11,218.37 in 2012, reflecting a broader trend of rising incomes and possibly higher property values. Such trends might suggest robust economic activity and could be of interest to potential investors and new residents seeking opportunities in a thriving locality.
Cost of Living in Johnson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,602 | $1,597 | $1,944 | $2,073 | $1,950 |
| 1 adult 4 children | $1,602 | $1,304 | $1,495 | $2,073 | $2,124 |
| 2 adults 3 children | $1,602 | $1,304 | $1,683 | $2,073 | $1,670 |
| 1 adult 3 children | $1,602 | $1,065 | $1,234 | $2,073 | $1,867 |
| 2 adults 2 children | $1,127 | $1,068 | $1,421 | $1,823 | $1,258 |
| 1 adult 2 children | $1,127 | $798 | $972 | $1,823 | $1,326 |
| 2 adults 1 child | $1,127 | $844 | $1,159 | $1,012 | $1,029 |
| 1 adult 1 child | $1,127 | $545 | $710 | $1,012 | $929 |
| 2 adults | $922 | $678 | $897 | $0 | $732 |
| 1 adult | $810 | $370 | $449 | $0 | $608 |
Safety trends & Data
Property crime in Johnson County, Iowa, has fluctuated over the past five years, with burglary incidents notably declining from 73 in 2019 to 36 in 2022. Larceny-theft saw a drop in 2020 but rebounded to 350 cases by 2022. Fraud incidents spiked sharply in 2021, suggesting potential increasing risks for businesses and residents. Vandalism has stayed relatively stable, with around 80 incidents annually. These trends indicate that while some property crimes are diminishing, others, like fraud,... Read more
Property Crime Trends in Johnson County, IA Over the Last 5 Years
Property crime in Johnson County, Iowa, has fluctuated over the past five years, with a notable decline in burglary incidents from 73 in 2019 to 36 in 2022. Larceny-theft, while seeing a drop in 2020, rebounded to 350 cases by 2022. Fraud incidents spiked sharply in 2021, highlighting potential increasing risks for businesses and residents. Vandalism shows a more stable pattern, maintaining around 80 incidents annually in recent years. These trends suggest that while some types of property crimes have diminished, others, such as fraud, could be rising and may warrant increased attention from prospective investors and residents.
Demographics
Johnson County, Iowa has a slightly higher female adult population, with females making up around 51% of the adult demographic. The educational attainment data suggests that the county is relatively highly educated, with more than 60% of adults having at least some college education or higher, including notable proportions holding bachelor's and advanced degrees. The age distribution indicates a youthful skew due to a significant segment in the 20 to 34 age range, which plausibly correlates... Read more
Race Distribution in Johnson County, Iowa (2022)
Educational Attainment in Johnson County, Iowa (2022)
Age Distribution in Johnson County, Iowa
Citizen Population in Johnson County, Iowa (2022)
Political Trends & Data
In Johnson County, Iowa, the 2020 U.S. Presidential Election revealed that around 70.6% of the votes went to Democratic candidates, while Republicans secured about 27.7%, with minor parties capturing a small fraction. This strong Democratic preference might influence local real estate trends, impacting factors like community planning, public services, and neighborhood development. This political inclination could be reflective of broader social trends that future homebuyers or investors may... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Johnson County, Iowa, the 2020 U.S. Presidential Election saw a dominant preference for the Democratic party, with an estimated 70.6% of the votes. Meanwhile, Republicans garnered around 27.7%, and minor parties, including Libertarians and the Green party, collectively captured a slight fraction of the total votes. This indicates a pronounced lean towards Democratic candidates in this region, which could hint at broader political and social trends worth examining in future elections.
27.68% of voters voted for the Republican party in the 2020 Presidential Election
70.57% of voters voted for the Democrat party in the 2020 Presidential Election
1.15% of voters voted for the Livertarian party in the 2020 Presidential Election
0.25% of voters voted for the Green party in the 2020 Presidential Election
0.35% of voters voted for the Other party in the 2020 Presidential Election
School Data
Johnson County, Iowa, has seen its student-to-teacher ratio drop from around 16 students per teacher in 2014 to about 14 in 2023, now aligning more closely with the national average. This trend of improved educational attention per student could attract families seeking quality education and potentially boost property values, making the area more desirable for buyers and... Read more
Student-to-teacher ratio in Johnson County, Iowa over the last 10 years
Johnson County, Iowa, has seen its student-to-teacher ratio decrease over the last decade, from approximately sixteen students per teacher in 2014 to about fourteen in 2023. Compared to the national average of 14 students per teacher, Johnson County has gradually moved from being above this average to aligning more closely with it. This trend might suggest improving educational attention per student, which could be attractive to families considering relocation. For investors, appraisers, real estate agents, and those interested in education quality, this could indicate a strengthening of the local school system, potentially enhancing property values and neighborhood desirability.
