Lyon County Real Estate and Livability Trends
Lyon County, Iowa, is experiencing robust economic growth with average taxable incomes rising from $58,466.22 in 2013 to $79,246.77 in 2021, hinting at a flourishing local economy. However, this comes with a higher tax burden, with average state and local income taxes reaching $12,833.33 in 2019. Median home values have surged from $111,100 in 2015 to $190,800 in 2022, surpassing state and... Read more
Lyon County Market Trends
Lyon County, Iowa has seen median home values skyrocket from $111,100 in 2015 to $190,800 in 2022, outpacing both state and national trends. Energy tax credits per tax return have fluctuated significantly, peaking at approximately $1,361.54 in 2016 and dropping to around $742.86 by 2020, potentially impacting decisions on energy-efficient home improvements. Real estate taxes have more than... Read more
Median Value of Occupied Housing Units in Lyon County, Iowa Over the Last 8 Years
Lyon County, Iowa has seen a consistent rise in median home values from $111,100 in 2015 to $190,800 in 2022, which reflects a strong local real estate market. When compared to the state of Iowa and the national trend, Lyon County has experienced a higher percentage increase, signaling potential for robust investment opportunities. While Iowa’s median value grew from $129,200 to $181,600 in the same period, and the national values went from $125,500 to $179,400, Lyon County’s market appears to be more dynamic, which could be attractive for those looking to invest, move to, or build property in this area.
Residential Energy Tax Credit Per Tax Return in Lyon County, IA Over the Last 8 Years
Lyon County, Iowa has seen volatile trends in residential energy tax credits per tax return over the past eight years. The average amount claimed peaked in 2016 at approximately $1361.54 but dipped significantly in 2017 to $525.00. While 2019 saw an uptick to around $971.43, the most recent years hover modestly around $742.86 (2020) and $762.50 (2021). This fluctuation potentially reflects varying levels of investment in energy-efficient home improvements or changes in state and federal incentives. This could be a crucial factor for prospective investors, homeowners, and real estate professionals considering the local market's responsiveness to energy efficiency incentives.
Average Real Estate Taxes Per Tax Return in Lyon County, IA Over the Last 10 Years
Over the last decade, Lyon County, Iowa has seen a notable rise in average real estate taxes per tax return, moving from approximately $1,964.41 in 2012 to about $4,165.38 in 2021. This sharp increase, particularly post-2017, could suggest an elevating property valuation trend or increasing municipal tax rates. Such data may be indicative of regional economic growth or enhanced public services, which might attract investors and potentially influence property appraisals and insurance premiums. This trend is relevant for new residents and real estate professionals as it could impact affordability and investment strategies in the county.
Percentage of Farm Returns in Lyon County, IA Over the Last 10 Years
Over the last decade, the percentage of farm returns in Lyon County, Iowa has generally been on a slight decline, starting at around 20% in 2012 and dipping to roughly 18.18% by 2021. Farm tax returns indicate the proportion of income reported from farming activities, reflecting the economic health of the agricultural sector. This trend could hint at a gradual shift in the local economy or in the demographics of the farming community, possibly impacting decisions for both investors and residents. Anyone looking to invest in or move to Lyon County may want to consider the stability and vitality of its agricultural base.
Number of Mortgages by Occupancy Type in Lyon County, IA Over the Last 5 Years in Lyon County
Over the last five years in Lyon County, Iowa, there's been a modest fluctuation in the number of mortgages for investment properties and second residences, while principal residences have generally dominated the market. The highest number of mortgages for principal residences was in 2020, peaking at 619, indicating a strong preference for primary home ownership. Shifts like these highlight potential market stability for appraisers and insurance agents, while a notable pattern in investment and second homes can signal emerging opportunities or risks for investors, builders, and real estate agents. These occupancy trends matter as they can reflect broader economic conditions, influencing decisions around property development and valuation.
Economic Outlook
Lyon County, Iowa has seen a substantial rise in average taxable income per tax return, climbing from $58,466.22 in 2013 to $79,246.77 in 2021. This growth hints at a booming local economy and could lead to promising investment opportunities and a better standard of living. However, the average state and local income taxes have also increased sharply, hitting $12,833.33 in 2019, suggesting higher tax burdens possibly due to rising incomes or policy changes. Fluctuations in average total tax... Read more
Average Taxable Income per Tax Return in Lyon County, IA over the last 9 years
Over the past nine years, Lyon County, Iowa has seen a notable increase in average taxable income per tax return, rising from $58,466.22 in 2013 to $79,246.77 in 2021. While there were minor fluctuations, the general trend suggests a growing local economy. This indicates potential for investment opportunities, a higher standard of living, and possibly a stronger local market for property development.
Average State and Local Income Taxes Per Tax Return in Lyon County, IA Over the Last 10 Years
Over the past decade, Lyon County, Iowa has seen a notable increase in average state and local income taxes per tax return. Starting from $7,506.90 in 2012, there was a significant jump, peaking at $12,833.33 in 2019. The consistent upward trend, especially pronounced from 2018 onwards, highlights a growing tax burden, indicating either rising incomes, changes in tax policy, or both. This sharp rise in taxes could impact the attractiveness of the area for new residents and businesses, as well as influence decisions about property investment and development.
Average Total Tax Liability Per Tax Return in Lyon County, IA Over the Last 10 Years
Over the last decade, Lyon County, Iowa has seen notable fluctuations in average total tax liabilities per tax return. The sharp increase to $11,168.64 in 2021 could suggest changes in economic conditions or tax policies affecting higher income brackets or property values. Prior to this, annual liabilities mostly hovered between $8,000.00 and $9,500.00, indicating relatively stable economic variables. Investors and potential residents might infer from the upward trend that the county is experiencing economic growth, possibly making it a more attractive location but also consider the potential for higher tax burdens.
Cost of Living in Lyon County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $968 | $1,404 | $2,105 | $1,120 | $1,331 |
| 1 adult 4 children | $968 | $1,146 | $1,612 | $1,120 | $1,479 |
| 2 adults 3 children | $968 | $1,147 | $1,826 | $1,120 | $1,089 |
| 1 adult 3 children | $968 | $936 | $1,332 | $1,120 | $1,205 |
| 2 adults 2 children | $795 | $939 | $1,546 | $976 | $955 |
| 1 adult 2 children | $795 | $701 | $1,053 | $976 | $935 |
| 2 adults 1 child | $795 | $742 | $1,267 | $511 | $863 |
| 1 adult 1 child | $795 | $479 | $773 | $511 | $739 |
| 2 adults | $702 | $596 | $987 | $0 | $732 |
| 1 adult | $581 | $325 | $494 | $0 | $584 |
Safety trends & Data
Lyon County, Iowa, has seen some interesting shifts in property crime over the past four years, which could shape both investment and relocation strategies. Larceny-theft incidents had a notable spike in 2021 with 18 cases, a big jump from just 2 in 2020. Motor vehicle thefts have been low but did tick up, peaking at 5 cases in 2022. Vandalism showed inconsistent patterns, with a high of 10 incidents in 2022 from a low of 4 in 2019. Fraud saw a marked increase to 11 cases in 2020 before... Read more
Property Crime Trends in Lyon County, IA Over the Last 4 Years
Lyon County, Iowa, has experienced varying trends in property crimes over the past four years that might inform investment and relocation decisions. Notably, larceny-theft incidents spiked in 2021 with 18 cases compared to just 2 in 2020. Motor vehicle thefts have remained relatively low but saw a slight increase, peaking at 5 incidents in 2022. Cases of vandalism have been inconsistent, reaching a high of 10 in 2022 from a low of 4 in 2019. Fraud incidents also fluctuated, with a marked increase to 11 in 2020, then dropping to just 3 by 2022. These changes in crime patterns could potentially impact property values and insurance rates, making it essential for stakeholders to stay informed.
Demographics
In Lyon County, Iowa, the adult population sees a slightly higher number of males than females, with numbers at 4,320 and 4,205 respectively. Educational attainment shows a significant portion, 3,215 individuals, finish high school, but there's also a notable segment with some college experience or an associate's degree, amounting to 2,600 combined. The age distribution reveals a youthful tilt; close to 20% are under 14 years, balanced by a respectable portion, around 15%, aged 65 and above.... Read more
Race Distribution in Lyon County, Iowa (2022)
Educational Attainment in Lyon County, Iowa (2022)
Age Distribution in Lyon County, Iowa
Citizen Population in Lyon County, Iowa (2022)
Political Trends & Data
Lyon County, Iowa, seems to be a Republican stronghold, with about 83% of the vote leaning towards the GOP in the 2020 Presidential Election. Democrats captured roughly 16% of the vote, while third-party candidates barely made a dent with less than 2%. This political trend might influence the county's local policies and priorities, potentially affecting factors like real estate development, zoning laws, and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Lyon County, Iowa, appears to lean heavily Republican, with around 83% of the vote in the 2020 U.S. Presidential Election. Democrats received approximately 16%, while third-party candidates, including Libertarians and Greens, garnered less than 2% combined. This trend suggests that the county is a stronghold for the Republican Party, which could influence local policies and community priorities.
83.32% of voters voted for the Republican party in the 2020 Presidential Election
15.55% of voters voted for the Democrat party in the 2020 Presidential Election
0.82% 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
0.23% of voters voted for the Other party in the 2020 Presidential Election
School Data
Lyon County, Iowa has experienced a fluctuating student-to-teacher ratio over the past decade, peaking at nearly 22 students per teacher in 2020. This is significantly above the current US national average of 14 students per teacher and may indicate challenges in delivering personalized attention in classrooms. Investors, new residents, and education professionals should consider the local educational infrastructure and resource allocation. Real estate pros could leverage this data to help... Read more
Student-to-teacher ratio in Lyon County, Iowa over the last 10 years
Over the past decade, Lyon County, Iowa has seen a fluctuating student-to-teacher ratio that peaked notably between 2018 and 2022, reaching as high as almost 22 students per teacher in 2020. This is significantly higher than the current US national average of 14 students per teacher and suggests potential challenges in providing individualized attention in classrooms. For those considering investing, moving, or working in education-related fields within Lyon County, this trend may be a signal to look into the local educational infrastructure and resource allocation. Real estate professionals could use this data to help clients weigh the quality of education when deciding on home purchases, while appraisers and insurance agents can consider these figures when assessing the value and risks associated with properties near schools.
