Linn County Real Estate and Livability Trends
Linn County, Iowa, offers intriguing insights for real estate stakeholders. Median home values have risen significantly from $147,400 in 2015 to $188,800 in 2022, surpassing state and national averages, which may signal strong property appreciation. The notable peak in residential energy tax credits in 2018 suggests substantial investment in energy-efficient homes, albeit with a recent... Read more
Linn County Market Trends
Linn County, Iowa has seen a consistent upward trend in median home values from $147,400 in 2015 to $188,800 in 2022, outpacing both state and national medians. Residential energy tax credits peaked dramatically at $4,076.19 in 2018, suggesting significant investment in energy-efficient improvements, though credits have since stabilized above $1,000. Real estate taxes have surged from $3,384.13... Read more
Median Value of Occupied Housing Units in Linn County, Iowa Over the Last 8 Years
Linn County, Iowa has seen a consistent rise in median home values over the last eight years, from $147,400 in 2015 to $188,800 in 2022. This trend places the county significantly ahead of the state median, which increased from $129,200 to $181,600 in the same period, and the national median, which started at $125,500 and reached $179,400 by 2022. Potential investors and homeowners might find Linn County an attractive market due to its robust growth in home values, overshadowing both state and national trends.
Residential Energy Tax Credit Per Tax Return in Linn County, IA Over the Last 9 Years
Linn County, Iowa has seen significant fluctuations in the average residential energy tax credit per tax return over the past nine years. Starting at around $440.86 in 2013, there appears to have been a notable increase, peaking dramatically at $4076.19 in 2018. Though it subsequently dropped, the credit remains quite substantial compared to earlier years, stabilizing somewhat above $1000 in recent years. This trend may suggest growing investment in residential energy-efficient improvements, possibly reflecting broader environmental policy incentives or greater homeowner awareness. For businesses and investors, monitoring these trends could offer valuable insights into local economic activities and potential growth areas within the residential energy sector.
Average Real Estate Taxes Per Tax Return in Linn County, IA Over the Last 10 Years
Over the last decade, Linn County, Iowa has seen a consistent upward trend in average real estate taxes per tax return. Starting at approximately $3,384.13 in 2012, the taxes have surged to $5,935.28 by 2021. This nearly 75% increase may suggest rising property values or changes in local tax rates. For real estate investors, appraisers, and agents, these numbers could imply that property appreciation in the area has been robust, albeit accompanied by higher annual costs for homeowners. It's an essential factor to weigh for anyone considering purchasing or insuring property in Linn County.
Percentage of Farm Returns in Linn County, IA Over the Last 10 Years
Over the last decade, Linn County, Iowa, has seen a subtle yet noticeable decline in the percentage of farm tax returns, dipping from around 1.47% in 2012 to approximately 1.30% in 2021. Farm tax returns, essentially the financial documentation that farmers file to report their agricultural income and expenses, reflect economic activity in the farming sector. This downward trend might suggest a shift in the local economy, potentially influenced by urbanization or changes in agricultural profitability. Investors or developers eyeing Linn County could take this as an indicator to evaluate commercial opportunities outside traditional farming, while residents and prospective movers might consider the evolving economic landscape when making decisions.
Number of Mortgages by Occupancy Type in Linn County, IA Over the Last 5 Years in Linn County
Linn County, Iowa has seen fluctuations in mortgage counts for various occupancy types over the past five years, with notable peaks in principal residence mortgages in 2020 and 2021, exceeding 20,000. The rise and subsequent decline in principal residence mortgages, especially in 2022, might suggest shifting market conditions or policy influences. Investment property and second residence mortgage numbers have remained relatively stable by comparison, though 2019 showed a discernible uptick in investment properties. These trends could be crucial for investors, appraisers, and real estate agents as they could indicate broader economic shifts or changing buyer preferences, potentially impacting property values, insurance premiums, and market strategies.
Economic Outlook
Linn County, Iowa has seen a notable increase in average taxable income per tax return, rising from $62,891.50 in 2013 to $82,376.00 by 2021, pointing to possibly growing economic opportunities. Concurrently, average state and local income taxes per tax return have nearly doubled from $6,572.54 in 2012 to $13,106.44 in 2021, reflecting a higher local tax burden. There have also been fluctuations in average total tax liability per tax return, peaking at about $12,939 in 2021. The county's... Read more
Average Taxable Income per Tax Return in Linn County, IA over the last 9 years
Linn County, Iowa has seen a steady increase in average taxable income per tax return over the past nine years. Starting from about $62,891.50 in 2013, the average has risen to approximately $82,376.00 by 2021. Peaks were notable in 2018 and 2021, which likely indicate growing economic opportunities and possibly an influx of new residents or investments. This trend might suggest that Linn County is gradually becoming a more affluent area, making it an appealing choice for those looking to invest, relocate, or develop properties.
Average State and Local Income Taxes Per Tax Return in Linn County, IA Over the Last 10 Years
In Linn County, Iowa, the average state and local income taxes per tax return have shown a significant upward trend over the past decade, spiking notably in recent years. From just $6,572.54 in 2012, the taxes surged to $13,106.44 in 2021, reflecting a marked increase in the local tax burden. This nearly doubling of average taxes highlights economic changes that potential investors and residents should consider when assessing the area's financial climate and overall cost of living.
Average Total Tax Liability Per Tax Return in Linn County, IA Over the Last 10 Years
Linn County, Iowa has seen some fluctuations in average total tax liability per tax return over the past decade, ranging from a low of roughly $10,005 in 2013 to a peak of about $12,939 in 2021. This might suggest an increasing tax burden in recent years, which could impact decisions for potential investors, property developers, and residents evaluating the financial landscape of the area. Keeping an eye on these trends could be crucial for making informed moves in this evolving economic environment.
Cost of Living in Linn County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,307 | $1,536 | $1,901 | $1,676 | $1,610 |
| 1 adult 4 children | $1,307 | $1,255 | $1,462 | $1,676 | $1,789 |
| 2 adults 3 children | $1,307 | $1,255 | $1,645 | $1,676 | $1,353 |
| 1 adult 3 children | $1,307 | $1,025 | $1,206 | $1,676 | $1,527 |
| 2 adults 2 children | $920 | $1,027 | $1,389 | $1,474 | $1,060 |
| 1 adult 2 children | $920 | $767 | $950 | $1,474 | $1,068 |
| 2 adults 1 child | $920 | $812 | $1,133 | $818 | $904 |
| 1 adult 1 child | $920 | $524 | $695 | $818 | $788 |
| 2 adults | $699 | $652 | $878 | $0 | $656 |
| 1 adult | $615 | $356 | $439 | $0 | $546 |
Safety trends & Data
Linn County, Iowa's property crime landscape has seen its share of ups and downs over the past five years. Larceny-theft peaked at 1,155.00 incidents in 2019, then dipped to 591.00 in 2021 before rebounding to 906.00 in 2022. Burglary rates have trended downward, dropping from 131.00 in 2018 to 70.00 for the past two years—a positive sign for cautious investors and property owners. Motor vehicle theft spiked in 2021 with 82.00 occurrences but decreased to 62.00 in 2022. Vandalism has stayed... Read more
Property Crime Trends in Linn County, IA Over the Last 5 Years
Linn County, Iowa has seen notable fluctuations in property crimes over the last five years, with larceny-theft consistently at the forefront, peaking at 1,155.00 incidents in 2019 and dipping to 591.00 in 2021 before rebounding to 906.00 in 2022. Burglary incidents have generally declined from 131.00 in 2018 to 70.00 in the last two years, offering cautious optimism for investors and property owners. Motor vehicle theft spiked in 2021 with 82.00 occurrences but saw a reduction to 62.00 in 2022. Vandalism numbers have remained relatively steady but leaped from 147.00 in 2020 to 153.00 in 2021. Observant trends like these can guide real estate decisions, insurance risk assessments, and community safety measures.
Demographics
Linn County, Iowa displays a notable balance between its male and female adult population. Educational attainment levels reveal a strong presence of high school graduates and those with some college education. The county's age distribution suggests a significant portion of the population is within the working-age group of 25 to 64 years, which could imply a well-established workforce. Lastly, the race distribution indicates a predominantly White demographic, though there are diverse racial... Read more
Race Distribution in Linn County, Iowa (2022)
Educational Attainment in Linn County, Iowa (2022)
Age Distribution in Linn County, Iowa
Citizen Population in Linn County, Iowa (2022)
Political Trends & Data
Linn County, Iowa, has shown a leaning towards the Democratic party with around 56% of votes compared to 42% for Republicans. Libertarian and Green parties captured small fractions, approximately 1.6% and 0.3% respectively, indicating minor but notable third-party interest. This trend suggests a possible shift or stabilization favoring Democratic candidates, reflecting changing political dynamics within the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Linn County, Iowa showed a lean towards the Democrat party, with approximately 56% of votes, compared to a 42% share for Republicans. The Libertarian and Green parties captured a small fraction, around 1.6% and 0.3% respectively, suggesting minor but notable third-party interest. The overall trend indicates a potential shift or stabilization favoring Democratic candidates compared to previous election cycles, highlighting changing political dynamics within the county.
42.17% of voters voted for the Republican party in the 2020 Presidential Election
55.61% of voters voted for the Democrat party in the 2020 Presidential Election
1.58% 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
0.39% of voters voted for the Other party in the 2020 Presidential Election
School Data
Linn County, Iowa has experienced a varying student-to-teacher ratio over the past decade, peaking in 2021 at nearly 16 students per teacher before falling to just over 13 in 2022 and 2023. This shift could indicate changes in resource allocation and may enhance the appeal of the area for families focused on education. With the current student-to-teacher ratio now below the national average of 14, the likelihood of smaller class sizes and more personalized attention may be an attractive point... Read more
Student-to-teacher ratio in Linn County, Iowa over the last 10 years
Linn County, Iowa has seen a fluctuating student-to-teacher ratio over the last decade, peaking in 2021 at nearly 16 students per teacher before dropping to a ratio of just over 13 in 2022 and 2023. This trend indicates potential changes in resource allocation and educational quality, which could impact local real estate values and desirability for families prioritizing education. The county's recent student-to-teacher ratios are also now below the current national average of 14 students per teacher, possibly suggesting smaller class sizes and more individualized attention for students. For investors, real estate agents, and educational planners, these shifts could signify evolving educational resources and priorities that keep the area competitive and attractive.
