Marion County Real Estate and Livability Trends
Marion County, Iowa, has experienced significant economic growth, with average taxable income per tax return rising from $57,833.20 in 2013 to $81,675.12 in 2021. Median home values have also climbed impressively, from $137,300 in 2015 to $192,300 in 2022, outpacing both state and national trends. Real estate taxes have increased in parallel, likely reflecting the rising property values. While... Read more
Marion County Market Trends
Marion County, Iowa has experienced an impressive rise in median home values from $137,300 in 2015 to $192,300 in 2022, outpacing both state and national trends. Real estate taxes have also steadily increased, from around $2,793.38 per tax return in 2012 to about $5,279.59 in 2021, likely mirroring the rise in property values. The residential energy tax credits have seen significant fluctuations,... Read more
Median Value of Occupied Housing Units in Marion County, Iowa Over the Last 8 Years
Marion County, Iowa has seen a marked escalation in median home values over the past eight years, from $137,300 in 2015 to $192,300 in 2022. This increase outpaces both the state of Iowa, which saw a rise from $129,200 to $181,600, and the national trend, where values climbed from $125,500 to $179,400. This could suggest a higher demand or a more robust housing market in Marion County compared to other regions, potentially making it an attractive area for investors, developers, and prospective homebuyers.
Residential Energy Tax Credit Per Tax Return in Marion County, IA Over the Last 8 Years
Over the last eight years, Marion County, Iowa has seen fluctuations in the average residential energy tax credit per tax return, with noticeable peaks in 2014, 2015, and a significant jump in 2021. Starting at $425.58 in 2013, the credit increased to $510.00 in 2014 and peaked at $602.94 in 2015 and $606.06 in 2016. A dip in 2017 to $400.00 was followed by two stable years at $450.00, culminating in a sharp rise to $962.50 in 2021. Such variations could suggest changing energy policies or investment in home energy efficiency. This trend may appeal to investors, developers, and homeowners looking for potential savings on energy-efficient upgrades.
Average Real Estate Taxes Per Tax Return in Marion County, IA Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Marion County, Iowa, have shown a consistent upward trend, increasing from approximately $2,793.38 in 2012 to around $5,279.59 by 2021. This increment likely reflects rising property values and possibly changes in tax rates or assessment methods, which is crucial for potential investors, builders, or those looking to move to the area. For real estate agents and appraisers, this data could indicate a growing market, while insurance agents might need to adjust coverage strategies accordingly.
Percentage of Farm Returns in Marion County, IA Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Marion County, Iowa has generally shown a gradual decline, decreasing from approximately 6.54% in 2012 to around 5.75% by 2020, before experiencing a slight uptick to 5.95% in 2021. Farm tax returns, which indicate the proportion of tax filings associated with farming income relative to total returns, can provide insights into the economic health of the agricultural sector in a region. This nuanced fluctuation may suggest shifts in local agribusiness viability, influencing decisions for investors contemplating entry into the farming sector, prospective residents evaluating the county's stability, and developers assessing the viability of agricultural property development.
Number of Mortgages by Occupancy Type in Marion County, IA Over the Last 5 Years in Marion County
Marion County, Iowa, has been seeing fluctuating trends in mortgage counts over the last five years, with principal residences consistently dominating the market. Notable peaks in 2020 and 2021 highlight potential demand surges or favorable market conditions for primary homes. Investment properties show a slower, but steady interest, while second residences maintain a minimal presence. These shifts in occupancy types can signal changes in the local economy, impacting property valuations, risk assessments for insurance agents, and investment opportunities. For those pondering a move or investment, understanding these trends is crucial for forecasting future real estate dynamics in the county.
Economic Outlook
Marion County, Iowa has seen a rising trend in average taxable income per tax return, climbing from $57,833.20 in 2013 to $81,675.12 in 2021. This economic growth may attract investors and property developers eyeing robust job markets and higher standards of living. However, average state and local income taxes have also increased significantly, more than doubling from $5,679.91 in 2012 to $11,098.96 in 2021, highlighting important cost considerations. Additionally, fluctuations in total tax... Read more
Average Taxable Income per Tax Return in Marion County, IA over the last 9 years
Over the past nine years, Marion County, Iowa has seen a steady increase in average taxable income per tax return, growing from $57,833.20 in 2013 to $81,675.12 in 2021. This trend suggests potentially favorable economic conditions, which could be appealing for investors, property developers, or those considering a move to the area. Increased income levels may also point to a robust job market and rising standard of living in the county.
Average State and Local Income Taxes Per Tax Return in Marion County, IA Over the Last 10 Years
Over the past decade, Marion County, Iowa has seen a significant increase in average state and local income taxes per tax return, jumping from approximately $5,679.91 in 2012 to $11,098.96 in 2021. The rising tax trend highlights a critical consideration for potential investors, property developers, and residents weighing the cost of living and doing business in the area. Additionally, this substantial hike may influence decisions around property investments and economic planning, reflecting the county's evolving fiscal landscape.
Average Total Tax Liability Per Tax Return in Marion County, IA Over the Last 10 Years
Marion County, Iowa has experienced some notable fluctuations in average total tax liability per tax return over the past decade. Starting around $8,354.38 in 2012, the figures hit some highs and lows, peaking significantly at $11,873.80 in 2021. The 10-year trend generally shows a rising pattern, especially noteworthy from 2017 onwards. For those looking to move to, invest in, or develop property in Marion County, these trends could suggest increasing economic activity or changing income patterns, making it worth a closer look to understand the underlying factors driving these changes.
Cost of Living in Marion County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,039 | $1,420 | $1,702 | $1,186 | $1,181 |
| 1 adult 4 children | $1,039 | $1,159 | $1,300 | $1,186 | $1,332 |
| 2 adults 3 children | $1,039 | $1,160 | $1,477 | $1,186 | $969 |
| 1 adult 3 children | $1,039 | $947 | $1,075 | $1,186 | $1,087 |
| 2 adults 2 children | $854 | $949 | $1,253 | $1,035 | $868 |
| 1 adult 2 children | $854 | $709 | $851 | $1,035 | $843 |
| 2 adults 1 child | $854 | $750 | $1,028 | $542 | $785 |
| 1 adult 1 child | $854 | $485 | $626 | $542 | $681 |
| 2 adults | $665 | $603 | $804 | $0 | $632 |
| 1 adult | $571 | $329 | $402 | $0 | $518 |
Safety trends & Data
Marion County, Iowa has experienced shifting property crime trends over the past five years. Larceny-theft reached a high of 17.00 counts in 2020 but then dropped sharply to 2.00 in 2021. Motor vehicle thefts, while generally low, increased from 1.00 case in 2021 to 5.00 in 2022. Fraud incidents were nearly absent until 2022, spiking to 4.00 cases. This fluctuating crime landscape could potentially affect property values, insurance costs, and real estate investment... Read more
Property Crime Trends in Marion County, IA Over the Last 5 Years
Marion County, Iowa has seen fluctuating property crime trends over the past five years. Larceny-theft shows significant variability, peaking at 17.00 counts in 2020 but dropping to just 2.00 in 2021. Motor vehicle thefts have remained low but doubled from 1.00 case in 2021 to 5.00 in 2022. Interestingly, fraud incidents were negligible until 2022 when they saw a noticeable increase to 4.00 cases. This variability indicates a shifting landscape for property crime, which could impact property values, insurance premiums, and investment decisions.
Demographics
Marion County, Iowa, presents a relatively balanced gender distribution, with males and females nearly equal in numbers. When it comes to educational attainment, the majority of the adult population has a high school diploma or some college education, while a notable portion possesses a bachelor's degree or higher. Age-wise, the county has a diverse spread, though there appears to be a larger concentration of individuals in the 35 to 64-year range, indicating a stable working-age population.... Read more
Race Distribution in Marion County, Iowa (2022)
Educational Attainment in Marion County, Iowa (2022)
Age Distribution in Marion County, Iowa
Citizen Population in Marion County, Iowa (2022)
Political Trends & Data
Marion County, Iowa, shows a strong Republican lean, possibly capturing over 66% of the vote in the 2020 U.S. Presidential Election. Democrats could trail with around 32%, with minor parties likely making little impact. This political landscape might suggest a Republican stronghold, potentially influencing local policies and market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Marion County, Iowa, may be predominantly Republican, with over 66% of the vote likely leaning that way in the 2020 U.S. Presidential Election. Democrats might trail significantly, capturing around 32% of votes, while Libertarians and other parties seem to garner negligible support. This distribution might indicate a strong Republican presence, but smaller parties appear to play a minimal role in the county's political landscape.
66.15% of voters voted for the Republican party in the 2020 Presidential Election
32.12% of voters voted for the Democrat party in the 2020 Presidential Election
1.21% of voters voted for the Livertarian party in the 2020 Presidential Election
0.12% 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
Marion County, Iowa, has shown student-to-teacher ratios hovering around the national average of 14 students per teacher with slight peaks, like hitting 15 in 2019. This consistent balance could make the area appealing to families focused on education, potentially boosting real estate values. For investors and agents, this trend might suggest a favorable environment for family-friendly properties, influencing property demand and possibly reducing perceived... Read more
Student-to-teacher ratio in Marion County, Iowa over the last 10 years
Marion County, Iowa, has seen some fluctuations in its student-to-teacher ratio over the past decade, generally oscillating around the national average of 14 students per teacher. While there have been years like 2019 where the ratio peaked at 15 students per teacher, more recent figures align closely with national trends. The ratio's stability around the national average might suggest a balanced approach to class sizes, which could appeal to families prioritizing education. Real estate agents and investors should note that a favorable student-to-teacher ratio could enhance the area's attractiveness for relocating families, potentially impacting property values positively. For appraisers and insurance agents, understanding this dynamic might help assess both property demand and risk in a more educated community context.
