Kossuth County Real Estate and Livability Trends
Kossuth County, Iowa, has seen median home values climb from $92,300 in 2015 to $118,800 in 2022, slower than state and national rates, possibly hinting at more accessible entry points for buyers. Real estate taxes nearly doubled from around $1,954 in 2012 to about $3,989.66 in 2021, indicating rising property values or tax policy shifts. Interestingly, mortgage numbers for primary residences... Read more
Kossuth County Market Trends
Kossuth County has seen median home values rise from $92,300 in 2015 to $118,800 in 2022, which, while slower than Iowa's state and national averages, might indicate more affordable entry points for buyers. The average residential energy tax credit has varied significantly, peaking at $1,022.22 in 2019, suggesting an increase in energy-efficient investments. Real estate taxes have also nearly... Read more
Median Value of Occupied Housing Units in Kossuth County, Iowa Over the Last 8 Years
Kossuth County has experienced a steady climb in median home values, from $92,300 in 2015 to $118,800 in 2022. This local increase appears somewhat muted when juxtaposed with Iowa's state-wide rise from $129,200 to $181,600 over the same period. On a national scale, the U.S. saw a more vigorous surge, with median home values growing from $125,500 to $179,400. For potential investors and residents, this suggests Kossuth County might offer more affordable entry points while still experiencing property value growth, albeit at a more tempered pace compared to broader state and national markets.
Residential Energy Tax Credit Per Tax Return in Kossuth County, IA Over the Last 8 Years
Kossuth County, Iowa has seen noticeable fluctuations in its average residential energy tax credit per tax return over the last eight years. The tax credit hit a low of $484.21 in 2014 but peaked at $1,022.22 in 2019. Recent years, like 2021, also show elevated levels at $855.56, potentially indicating an uptick in energy-efficient investments or incentive utilization among residents. This variability suggests a dynamic local market with varying degrees of engagement in energy-saving measures, potentially affecting home valuations and insurance premiums.
Average Real Estate Taxes Per Tax Return in Kossuth County, IA Over the Last 10 Years
Kossuth County, Iowa has seen a notable increase in average real estate taxes per tax return over the past decade, rising from around $1954.00 in 2012 to approximately $3989.66 in 2021. This steady growth could be indicative of rising property values and potential shifts in county tax policies. For investors and real estate agents, this trend might mean higher holding costs, while appraisers and insurance agents might see correlations with property valuations. Those considering moving or building in the area should account for these escalating tax liabilities in their financial planning.
Percentage of Farm Returns in Kossuth County, IA Over the Last 10 Years
Kossuth County, Iowa, has seen a slight but notable shift in the percentage of farm tax returns over the past decade, generally ranging from around 15.06% to 16.01%. Farm tax returns encompass financial declarations specific to farming activities, providing insights into the agricultural viability and economic health of the county. Dipping to 14.79% in 2020 and rebounding to 15.29% in 2021, this trend offers a nuanced perspective on the county’s agricultural economy. This data can be particularly useful for investors, developers, and new residents assessing the stability and potential growth of agricultural endeavors in Kossuth County.
Number of Mortgages by Occupancy Type in Kossuth County, IA Over the Last 5 Years in Kossuth County
Kossuth County, Iowa, has seen a notable increase in the number of mortgages for principal residences over the past five years, peaking at 540 in 2020. This trend suggests increased interest and demand for primary living spaces, possibly making it an attractive market for real estate investors. Conversely, mortgages for investment properties and second residences have remained relatively low and stable. Such occupancy shifts could impact local housing markets, influencing property values, rental opportunities, and risk assessments for insurance agents. Analyzing these occupancy trends is crucial for understanding market dynamics and making informed decisions in real estate development and investment.
Economic Outlook
In Kossuth County, Iowa, the average taxable income per tax return has generally increased over the past nine years, reaching $76,399.72 in 2021, up from $66,000.14 in 2020. Meanwhile, state and local income taxes have seen significant peaks, especially in 2018 at $10,118.18 and 2019 at $11,478.79, though there was a slight dip to $11,007.41 in 2020. Overall, average total tax liability per tax return has varied, with a high of $10,961.59 in 2021 after a downward trend to $8,004.33 in 2019.... Read more
Average Taxable Income per Tax Return in Kossuth County, IA over the last 9 years
Kossuth County, Iowa has seen a fluctuating but generally upward trend in average taxable income per tax return over the past nine years, peaking at $76,399.72 in 2021. Notably, there's a significant increase from 2020's average of $66,000.14, potentially indicating economic growth or favorable changes in local income patterns. These trends might interest investors, new residents, and property developers looking for opportunities in a community that appears to be fiscally strengthening.
Average State and Local Income Taxes Per Tax Return in Kossuth County, IA Over the Last 10 Years
Over the past decade, Kossuth County, Iowa has seen fluctuations in average state and local income taxes per tax return, with notable peaks in 2018 at $10,118.18 and 2019 at $11,478.79. These variances highlight changing economic dynamics and local government policies impacting residents’ tax obligations. While 2020 saw a slight dip to $11,007.41, the overall trend suggests a general increase in taxation, which potential investors and new residents should factor into their financial planning.
Average Total Tax Liability Per Tax Return in Kossuth County, IA Over the Last 10 Years
Over the past decade, Kossuth County, Iowa has seen fluctuations in the average total tax liability per tax return. Starting at $10,372.14 in 2012, it generally trended downwards, hitting a low of $8,004.33 by 2019. Interestingly, 2020 marked an uptick, culminating in the highest value of $10,961.59 in 2021. This variability suggests that tax liabilities in Kossuth County have been influenced by several economic factors, impacting potential investors and residents looking for stable financial planning.
Cost of Living in Kossuth County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $976 | $1,496 | $2,164 | $1,094 | $1,341 |
| 1 adult 4 children | $976 | $1,222 | $1,657 | $1,094 | $1,470 |
| 2 adults 3 children | $976 | $1,222 | $1,877 | $1,094 | $1,087 |
| 1 adult 3 children | $976 | $998 | $1,370 | $1,094 | $1,186 |
| 2 adults 2 children | $795 | $1,000 | $1,589 | $955 | $944 |
| 1 adult 2 children | $795 | $747 | $1,082 | $955 | $904 |
| 2 adults 1 child | $795 | $791 | $1,302 | $500 | $849 |
| 1 adult 1 child | $795 | $511 | $795 | $500 | $695 |
| 2 adults | $641 | $635 | $1,014 | $0 | $679 |
| 1 adult | $641 | $346 | $507 | $0 | $582 |
Safety trends & Data
Kossuth County, Iowa, has seen fluctuating trends in property crimes over the last five years. Notably, burglary peaked in 2019 with 13 incidents but drastically declined to just 1 incident by 2022. Larceny-theft also showed a gradual decrease from 14 cases in 2018 to 7 in 2022. Instances of fraud and vandalism, while relatively stable, have shown some variability, highlighting potential hotspots for investors, property developers, and insurance agents to consider when evaluating risk and value... Read more
Property Crime Trends in Kossuth County, IA Over the Last 5 Years
Kossuth County, Iowa, has seen fluctuating trends in property crimes over the last five years. Notably, cases of burglary peaked in 2019 with 13 incidents but have since significantly declined to just 1 incident by 2022. Larceny-theft, generally more prevalent, showed a gradual decrease from 14 cases in 2018 to 7 in 2022. Instances of fraud and vandalism, while relatively stable, have shown some variability, highlighting potential hotspots for investors, property developers, and insurance agents to consider when evaluating risk and value in the area.
Demographics
Kossuth County, Iowa exhibits a nearly balanced adult population distribution with a slight edge favoring females. Educational attainment shows a heavy concentration of residents at the high school level or with some college but no degree, hinting at potential areas for educational development. The age distribution leans towards an older demographic, particularly in the 55 to 74 years range, which might affect local economic and social planning. Racial diversity remains minimal, with a... Read more
Race Distribution in Kossuth County, Iowa (2022)
Educational Attainment in Kossuth County, Iowa (2022)
Age Distribution in Kossuth County, Iowa
Citizen Population in Kossuth County, Iowa (2022)
Political Trends & Data
Kossuth County, Iowa, demonstrated a compelling Republican preference in the 2020 U.S. Presidential Election, with around 69% of votes favoring the GOP. Democratic support was significantly lower, near 30%. Minor parties, such as the Libertarian and Green parties, drew less than 1% of the votes, suggesting limited political diversity or strong two-party dominance in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Kossuth County, Iowa, potentially reflects a strong Republican preference in the 2020 U.S. Presidential Election with around 69% of votes leaning towards the GOP. Democratic support appears to be considerably lower, hovering near 30%. Minor parties, including the Libertarian and Green parties, seem to have garnered very minimal interest, with each receiving less than 1% of the votes, indicating a potential lack of diverse political engagement or a solid two-party dominance in this region.
69.17% of voters voted for the Republican party in the 2020 Presidential Election
29.66% of voters voted for the Democrat party in the 2020 Presidential Election
0.67% of voters voted for the Livertarian party in the 2020 Presidential Election
0.11% of voters voted for the Green party in the 2020 Presidential Election
0.39% of voters voted for the Other party in the 2020 Presidential Election
School Data
Kossuth County, Iowa's student-to-teacher ratio has mildly fluctuated between 13 and just above 14 over the past decade, aligning closely with the U.S. national average. Real estate agents and potential residents should note that such ratios could imply a balanced educational environment, potentially making the area more appealing to families. For appraisers and insurance agents, this ratio might also offer clues about community priorities, potentially influencing property values and insurance... Read more
Student-to-teacher ratio in Kossuth County, Iowa over the last 10 years
Kossuth County, Iowa's student-to-teacher ratio has shown some fluctuation over the last decade, ranging from 13 to just above 14. This ratio is generally in line with the U.S. national average of 14 students per teacher. Knowing these trends can be valuable for investors, real estate agents, and potential residents, as it may imply a relatively balanced educational environment. Lower ratios can suggest more individualized attention for students, which might be an appealing factor for families considering a move. For appraisers and insurance agents, understanding the student-to-teacher ratio can also provide insights into the community's focus on education, potentially impacting property values and insurance assessments.
