Louisa County Real Estate and Livability Trends
In Louisa County, Iowa, the average taxable income per tax return rose from roughly $48,251.97 in 2013 to about $62,238.78 by 2021, suggesting a possible boost in residents' purchasing power. Median home values saw a modest climb from $99,900 in 2015 to $125,500 in 2022, keeping housing relatively affordable. Real estate taxes also trended upward, likely reflecting growth in property values. The... Read more
Louisa County Market Trends
The median home value in Louisa County, Iowa, has seen a modest rise from $99,900 in 2015 to $125,500 in 2022, indicating affordable housing options compared to broader state and national trends. Notably, residential energy tax credits have experienced fluctuations, peaking at $1,412.50 in 2020, which could signal an increase in energy-efficient home investments. Real estate taxes have generally... Read more
Median Value of Occupied Housing Units in Louisa County, Iowa Over the Last 8 Years
Over the last eight years, the median home value in Louisa County, Iowa has experienced a steady increase, rising from $99,900 in 2015 to $125,500 in 2022. This growth, however, has been relatively modest compared to the broader trends in Iowa and across the United States. Statewide, the median home value climbed from $129,200 to $181,600, while nationally, values surged from $125,500 to $179,400 over the same period. This disparity might suggest that Louisa County offers more affordable housing options, though the consistent upward trend could be appealing for long-term investment prospects.
Residential Energy Tax Credit Per Tax Return in Louisa County, IA Over the Last 8 Years
Residential energy tax credits in Louisa County, Iowa have shown some notable fluctuations over the past eight years, with a trend towards higher averages recently. The credit amount peaked at $1,412.50 in 2020, an indication that energy efficiency investments could be increasing among homeowners. This trend is potentially appealing for prospective home buyers and real estate agents, as properties with energy-efficient upgrades may hold greater value and appeal. Additionally, the variability in credit amounts might signal broader economic factors or policy changes influencing residential energy investments in the county, which could be of interest to appraisers and insurance agents when evaluating property risk and valuation.
Average Real Estate Taxes Per Tax Return in Louisa County, IA Over the Last 10 Years
Over the last decade, Louisa County, Iowa has seen a general upward trend in average real estate taxes per tax return, with a noticeable increase from $2,070.83 in 2012 to $2,958.33 in 2021. The peak was in 2018 at $3,040.00, likely reflecting rising property values or tax rates. This trend might hint at a growing demand for real estate in the area, making it crucial for potential investors and real estate agents to consider future property tax liabilities. For appraisers and insurance agents, these figures could be indicative of broader economic or demographic shifts in Louisa County.
Percentage of Farm Returns in Louisa County, IA Over the Last 10 Years
Louisa County, Iowa has seen relatively stable percentages of farm tax returns over the last decade, fluctuating narrowly around the 8.35% mark. This reveals a steady engagement in agricultural activities, noteworthy for investors interested in the consistent economic impact of farming in the region. Those looking to invest, move to, or build property in Louisa County may find this stability appealing as it suggests a resilient local economy supported by sustained agricultural operations.
Number of Mortgages by Occupancy Type in Louisa County, IA Over the Last 5 Years in Louisa County
Over the last five years in Louisa County, Iowa, the number of mortgages has predominantly been for principal residences, with a significant but smaller portion allocated to investment properties and an even smaller amount for second residences. This trend showcases a strong demand for primary family homes, which tends to signal a stable community with long-term residents. The relatively low but consistent interest in investment properties hints at a budding opportunity for real estate investors, potentially attracted by the area's growth prospects and economic stability. These occupancy trends matter for investors and real estate agents, as they provide insight into market demands, influencing property values and investment potential. For appraisers and insurance agents, the type of occupancy can impact risk assessments and valuation strategies, giving a clearer picture of the local housing market's health and dynamics.
Economic Outlook
In Louisa County, Iowa, the average taxable income per tax return has generally increased from approximately $48,251.97 in 2013 to about $62,238.78 by 2021, hinting at a strengthening local economy and possibly higher purchasing power among residents. State and local income taxes have also risen, from $4,947.37 in 2012 to around $7,745.45 by 2021, signaling possible fiscal pressures or robust economic conditions. The average total tax liability per tax return has fluctuated but shows an upward... Read more
Average Taxable Income per Tax Return in Louisa County, IA over the last 9 years
In Louisa County, Iowa, the average taxable income per tax return has shown a general upward trend over the past nine years. Starting at approximately $48,251.97 in 2013, it has grown steadily, with notable jumps particularly in 2018 and 2021, peaking at around $62,238.78. This upward trajectory could indicate a strengthening local economy, potentially making it an attractive area for new investments, property development, and residential interest. The consistent increases suggest more stability and possibly higher purchasing power among residents.
Average State and Local Income Taxes Per Tax Return in Louisa County, IA Over the Last 10 Years
Over the past decade, Louisa County, Iowa has experienced a notable fluctuation in state and local income taxes per tax return. From a relatively modest $4,947.37 in 2012, the average sharply rose to $8,268.75 by 2018 and has remained high, hovering around $7,745.45 as of 2021. This upward trend signals increasing fiscal pressures that could impact decisions on investments, relocations, and property development in the area, potentially indicating a robust local economy or shifting tax policies.
Average Total Tax Liability Per Tax Return in Louisa County, IA Over the Last 10 Years
Louisa County, Iowa has seen a fluctuating pattern in average total tax liability per tax return over the past decade, though a notable spike occurred in 2021, reaching approximately $7,653.23. While there were periods of noticeable decreases — such as in 2013 at around $6,287.50 and in 2018 at roughly $6,246.87 — the general trend seems to point towards an upward trajectory by the end of 2021. This could be an indicator of economic changes or adjustments in tax policies that may be worth exploring further for those considering investments or property development in the area.
Cost of Living in Louisa County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,028 | $1,416 | $1,934 | $1,073 | $1,244 |
| 1 adult 4 children | $1,028 | $1,156 | $1,479 | $1,073 | $1,388 |
| 2 adults 3 children | $1,028 | $1,156 | $1,678 | $1,073 | $1,015 |
| 1 adult 3 children | $1,028 | $944 | $1,223 | $1,073 | $1,129 |
| 2 adults 2 children | $795 | $947 | $1,422 | $936 | $884 |
| 1 adult 2 children | $795 | $707 | $967 | $936 | $850 |
| 2 adults 1 child | $795 | $748 | $1,165 | $490 | $806 |
| 1 adult 1 child | $795 | $483 | $711 | $490 | $674 |
| 2 adults | $645 | $601 | $909 | $0 | $654 |
| 1 adult | $532 | $328 | $455 | $0 | $541 |
Safety trends & Data
Property crime trends in Louisa County, Iowa, reveal some interesting shifts over the past two years. Vandalism jumped from 1 case in 2021 to 7 in 2022, while larceny-theft became a notable issue with 4 incidents reported in 2022, alongside 2 cases of fraud. These fluctuations may impact local law enforcement focus and community concerns, making it worth noting for investors, real estate agents, and residents interested in neighborhood safety... Read more
Property Crime Trends in Louisa County, IA Over the Last 2 Years
Property crime in Louisa County, Iowa, has shown some varying trends over the past two years. While vandalism was relatively low in 2021 with a count of 1, it rose significantly to 7 in 2022. Larceny-theft emerged as a prominent issue in 2022 with 4 reported incidents, alongside 2 cases of fraud. This fluctuation could indicate a shifting focus for local law enforcement and community concerns, making it a point of interest for potential investors, real estate agents, and residents looking to understand neighborhood safety dynamics.
Demographics
Louisa County, Iowa presents an interesting demographic blend, with a slight male majority among adults and a significant tranche of the populace holding a high school diploma, though fewer have progressed to higher education levels. Age-wise, the community skews older, with noticeable clusters in the 35-64 age range. The racial makeup is predominantly White, yet there exists a notable "other race" segment, hinting at some racial diversity within the county. These trends highlight the... Read more
Race Distribution in Louisa County, Iowa (2022)
Educational Attainment in Louisa County, Iowa (2022)
Age Distribution in Louisa County, Iowa
Citizen Population in Louisa County, Iowa (2022)
Political Trends & Data
In Louisa County, Iowa, the 2020 U.S. Presidential Election displayed a notable Republican preference, with the GOP candidate possibly securing about 66% of the vote. The Democrat candidate may have received around 32%, highlighting a considerable disparity between the two primary parties. Minor parties such as the Libertarian and Green parties seemed to have minimal impact, capturing only low single digits in vote shares, which might mirror larger statewide voting tendencies and hint at future... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Louisa County, Iowa, the 2020 U.S. Presidential Election saw a strong leaning toward the Republican candidate, who may have secured roughly 66% of the vote. The Democrat candidate garnered about 32%, suggesting a significant gap between the two major parties. Minor parties like the Libertarian and Green parties appeared to have limited influence, with their vote shares remaining in the low single digits. This distribution might reflect broader statewide trends, indicating potential voting patterns and party strengths that could influence future elections.
65.75% of voters voted for the Republican party in the 2020 Presidential Election
32.37% of voters voted for the Democrat party in the 2020 Presidential Election
1.26% of voters voted for the Livertarian party in the 2020 Presidential Election
0.09% of voters voted for the Green party in the 2020 Presidential Election
0.53% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Louisa County, Iowa, has increased from thirteen to fourteen students per teacher over the past decade, aligning with the national average. This shift can signal important trends for potential investors, real estate agents, and families, influencing property values, community dynamics, and development opportunities. It suggests an educational environment comparable to broader national standards, which can be a significant factor for those considering the area's... Read more
Student-to-teacher ratio in Louisa County, Iowa over the last 10 years
The student-to-teacher ratio in Louisa County, Iowa, has gradually increased over the last decade. While the ratio was as low as thirteen students per teacher in 2014, it has edged up to around fourteen students per teacher by 2023. This trend is in line with the national average of fourteen students per teacher, signaling that Louisa County's educational environment generally aligns with broader national standards. Such shifts can inform potential investors, real estate agents, and families about the evolving educational landscape, which has implications for property values, community dynamics, and future development opportunities.
