Keokuk County Real Estate and Livability Trends
Keokuk County, Iowa's real estate market trends hint at economic growth, with median home values rising from $77,100 in 2015 to $105,500 in 2022. This growth might be nudging the area as a more attractive option to investors and homebuyers seeking affordable properties. The consistency in average total tax liability per tax return, which jumped to $7,541.27 in 2021, suggests evolving economic... Read more
Keokuk County Market Trends
Keokuk County, Iowa's real estate market has seen the median home values increase from $77,100 in 2015 to $105,500 in 2022, which is a more advanced growth compared to the state overall. The relative affordability of this region might attract investors and homebuyers seeking economical options. Notably, average residential energy tax credits in the county have fluctuated, peaking at $933.33 in... Read more
Median Value of Occupied Housing Units in Keokuk County, Iowa Over the Last 8 Years
Keokuk County, Iowa has experienced a steady increase in median home values over the last 8 years, rising from $77,100 in 2015 to $105,500 in 2022. This growth reflects a stronger upward trend when compared to the state of Iowa, which saw median values go from $129,200 to $181,600 over the same period. However, Keokuk County's current median still tends to be lower than the national average, where values moved from $125,500 to $179,400. This relative affordability could make Keokuk County an appealing opportunity for investors and homebuyers looking for more economical entry points in the housing market.
Residential Energy Tax Credit Per Tax Return in Keokuk County, IA Over the Last 8 Years
Over the last eight years, Keokuk County in Iowa has seen notable fluctuations in the average residential energy tax credit per tax return. Starting at approximately $369.23 in 2013, there was a significant spike to around $772.73 in 2014. After some decline in subsequent years, reaching a low of about $433.33 in 2017, the credits saw another substantial increase, peaking at roughly $933.33 in 2019. The trend stabilizes somewhat, with credits hovering around $825.00-$850.00 in 2020-2021. For investors, builders, and real estate agents, this pattern could signal varying levels of energy-efficient investments and incentivize further exploration into energy tax credit programs and their impacts on property development and values in the county.
Average Real Estate Taxes Per Tax Return in Keokuk County, IA Over the Last 10 Years
Real estate taxes in Keokuk County, Iowa have shown a noticeable upward trend over the past decade, with amounts moving from approximately $1,784.15 in 2012 to around $2,475.00 in 2021. This steady increase can be impactful for prospective property investors and homeowners, signaling a potential rise in carrying costs for real estate. The significant jump in 2019, where taxes spiked to $2,454.55, stands out and might reflect broader economic or regional changes affecting tax assessments. This data can be particularly useful for appraisers and insurance agents when evaluating property values and associated risks.
Percentage of Farm Returns in Keokuk County, IA Over the Last 10 Years
The percentage of farm tax returns in Keokuk County, Iowa, has shown some fluctuation over the last ten years generally hovering around the 16% to 17% mark. Starting from 16.88% in 2012, the figures saw a low of around 15.81% in 2021. Farm tax returns, essentially the income tax returns filed by farming operations, give insight into the economic stability and agricultural activity in the area, which may be of interest to potential investors or residents. This data may suggest a stabilizing yet slightly declining agricultural presence over the years, impacting decisions on property investments or moves in Keokuk County.
Number of Mortgages by Occupancy Type in Keokuk County, IA Over the Last 5 Years in Keokuk County
Keokuk County, Iowa has seen fluctuating mortgage volumes over the past five years, with a noticeable dominance in principal residences, as values reached as high as 393 in 2021. Investment properties and second residences also demonstrated variability but maintained much lower volumes, peaking at 17 and 5, respectively. These shifts in mortgage counts by occupancy type could impact market dynamics, influencing appraisals and housing demand. For investors and developers, recognizing the dominant trend in principal residence mortgages suggests that there might be stable residential market preferences. Meanwhile, the relatively static numbers of second residences and investment properties could imply limited but consistent demand, offering nuanced opportunities for niche markets. Understanding these trends could be crucial for anyone looking to engage with the real estate market in Keokuk County, impacting decisions from pricing and insurance to general market engagement.
Economic Outlook
Keokuk County, Iowa has experienced a notable rise in average taxable income per tax return, escalating from $46,997.84 in 2013 to $59,504.01 in 2021. This upward trend might point toward economic growth, possibly making the area an attractive option for relocation or investment. Meanwhile, state and local income taxes have experienced significant fluctuations, with a peak of $6,777.78 in 2019 and a dip to approximately $5,090.00 in 2021, reflecting a variable economic landscape. Additionally,... Read more
Average Taxable Income per Tax Return in Keokuk County, IA over the last 9 years
Keokuk County, Iowa has seen a generally upward trend in average taxable income per tax return over the past nine years. Starting at around $46,997.84 in 2013, it has risen to approximately $59,504.01 by 2021, indicating potential economic growth. This increase, especially the notable jump from 2020 to 2021, could signal an improving local economy, making Keokuk County an interesting option for individuals seeking investment or relocation opportunities where economic vitality is a priority.
Average State and Local Income Taxes Per Tax Return in Keokuk County, IA Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Keokuk County, Iowa have fluctuated notably, peaking at $6,777.78 in 2019 and experiencing lows around $5,090.00 in 2021. This variability highlights a dynamic economic environment. For potential investors or those considering relocation, understanding this trend is vital as it impacts disposable income and overall cost of living.
Average Total Tax Liability Per Tax Return in Keokuk County, IA Over the Last 10 Years
Over the last decade, Keokuk County, Iowa has seen its average total tax liability per tax return fluctuate significantly. Notably, a jump to $7,541.27 in 2021 breaks the recent norm of hovering around $6,000-$6,500. This could indicate emerging economic or policy changes affecting residents and potential investors. Understanding these trends could be crucial for those looking to make informed decisions about moving to or investing in the county.
Cost of Living in Keokuk County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $992 | $1,375 | $1,934 | $1,104 | $1,233 |
1 adult 4 children | $992 | $1,123 | $1,479 | $1,104 | $1,378 |
2 adults 3 children | $992 | $1,124 | $1,678 | $1,104 | $1,006 |
1 adult 3 children | $992 | $917 | $1,223 | $1,104 | $1,120 |
2 adults 2 children | $796 | $920 | $1,422 | $963 | $890 |
1 adult 2 children | $796 | $687 | $967 | $963 | $859 |
2 adults 1 child | $796 | $727 | $1,165 | $504 | $808 |
1 adult 1 child | $796 | $470 | $711 | $504 | $675 |
2 adults | $631 | $584 | $909 | $0 | $646 |
1 adult | $582 | $319 | $455 | $0 | $552 |
Safety trends & Data
Property crime in Keokuk County, Iowa has fluctuated over the past five years, with a notable spike in burglary incidents in 2021 at eight cases and a steady but low rate of larceny-theft, peaking at two in 2020. Vandalism has been relatively steady but increased to four cases in 2022. Occasional anomalies like arson in 2020 and forgery in 2022 could present security concerns for investors, homeowners, and real estate agents, potentially affecting property values and community safety... Read more
Property Crime Trends in Keokuk County, IA Over the Last 5 Years
Property crime trends in Keokuk County, Iowa show a fluctuation in various offenses over the past five years. Burglary incidents spiked significantly in 2021 with eight recorded cases, while larceny-theft saw consistent but generally low occurrences, peaking at two in 2020. Vandalism has been relatively steady but noted an increase in 2022 with four cases. Unique instances like arson in 2020 and forgery in 2022 suggest occasional anomalies. These trends could indicate potential areas of concern for investors, homeowners, and real estate agents regarding security considerations and community safety.
Demographics
Keokuk County, Iowa shows a fairly balanced gender distribution among its adult population, with males and females being almost equally represented. The majority of residents have at least completed high school, but there's a significant proportion who did not pursue education beyond some college. Age-wise, the population displays a mature demographic, with a noticeable number of residents in the 55 to 64 age range. Racially, the county is predominantly White, though there are small... Read more
Race Distribution in Keokuk County, Iowa (2022)
Educational Attainment in Keokuk County, Iowa (2022)
Age Distribution in Keokuk County, Iowa
Citizen Population in Keokuk County, Iowa (2022)
Political Trends & Data
In Keokuk County, Iowa, potentially over 70% of voters supported the Republican candidate in the 2020 U.S. Presidential Election, with Democrats securing roughly 25% of the vote. Libertarians and other minor parties contributed minimally. This strong Republican leaning highlights common rural Midwest voting behaviors, but local dynamics and individual candidate appeal likely also played... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Keokuk County, Iowa, Republican voters constituted possibly over 70% of the electorate in the 2020 U.S. Presidential Election, with Democrats garnering around a quarter of the vote. Libertarians and other minor parties made up a small fraction of the vote share. This trend may suggest a strong Republican leaning, reflecting broader rural voting patterns in the Midwest, but local dynamics and candidate influence shouldn't be discounted.
71.83% of voters voted for the Republican party in the 2020 Presidential Election
26.66% of voters voted for the Democrat party in the 2020 Presidential Election
0.96% of voters voted for the Livertarian party in the 2020 Presidential Election
0.04% of voters voted for the Green party in the 2020 Presidential Election
0.51% of voters voted for the Other party in the 2020 Presidential Election
School Data
Keokuk County, Iowa has seen notable swings in its student-to-teacher ratio, with a peak at nearly 17 in 2018 dropping to around 12 in 2022, below the national average of 14. This change could improve the learning environment, making the area more attractive to families and potentially driving stronger demand in the housing market. Real estate professionals might find this an indicator of rising property values, as educational quality is a key consideration for relocating... Read more
Student-to-teacher ratio in Keokuk County, Iowa over the last 10 years
Keokuk County, Iowa has seen significant fluctuations in its student-to-teacher ratio over the past decade. The ratio peaked at nearly 17 students per teacher in 2018 and recently dipped to around 12 in 2022, which is below the current national average of 14 students per teacher. This shift could imply a more favorable learning environment, potentially elevating the quality of education and attractiveness of the area for families considering relocation. For real estate agents and investors, this trend might indicate a stronger demand for housing as educational quality can be a key factor for parents. Meanwhile, appraisers and insurance agents might observe changes in property values and risk profiles correlating with demographic shifts influenced by these educational metrics.