Marshall County Real Estate and Livability Trends
Marshall County, Iowa's real estate market shows intriguing shifts; average taxable income per tax return rose from around $50,433.85 in 2013 to $64,937.38 in 2021, while state and local income taxes almost doubled, suggesting an increased financial burden. Median home values edged up from $104,500 in 2015 to $125,900 in 2022, slower compared to broader trends. Property taxes peaked at around... Read more
Marshall County Market Trends
Marshall County, Iowa's median home values have modestly increased from $104,500 in 2015 to $125,900 in 2022, which is relatively slower compared to Iowa's and national growth trends. The average residential energy tax credit reached a peak of $1,809.38 in 2021, indicating rising investments in energy-efficient home improvements, potentially boosting property values. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Marshall County, Iowa Over the Last 8 Years
Marshall County, Iowa's median home values have seen a modest increase over the past eight years, climbing from $104,500 in 2015 to $125,900 in 2022. This growth, albeit more gradual compared to statewide and national trends, reflects stable local market conditions. In contrast, Iowa's figures surged from $129,200 to $181,600, and nationwide values skyrocketed from $125,500 to $179,400. This relative affordability might appeal to investors and first-time buyers looking for opportunities outside pricier markets, suggesting potential for growth and investment.
Residential Energy Tax Credit Per Tax Return in Marshall County, IA Over the Last 9 Years
Over the past nine years, the average residential energy tax credit per tax return in Marshall County, Iowa, has shown a significant upward trend, peaking at $1,809.38 in 2021. This increase suggests a growing investment in energy-efficient home improvements by residents. For potential investors, appraisers, and insurance agents, this trend may signal an increase in the value of properties due to enhanced energy features. Real estate agents and builders might also find this data valuable, as homes with higher energy efficiency can be a strong selling point, potentially commanding higher prices in the market.
Average Real Estate Taxes Per Tax Return in Marshall County, IA Over the Last 10 Years
Over the past decade, Marshall County, Iowa has shown a steady increase in average real estate taxes per tax return. Starting at about $2,704.14 in 2012, the taxes have risen each year, peaking around $4,340.00 in 2020 and stabilizing slightly at $4,326.79 in 2021. This trend may suggest a growing demand for real estate or an increase in property values, which could be significant for potential investors, homebuyers, insurance agents, and real estate professionals considering the area.
Percentage of Farm Returns in Marshall County, IA Over the Last 10 Years
Farm tax returns in Marshall County, Iowa have seen modest fluctuations over the past decade, generally hovering around 4%. These returns are critical financial documents filed by agricultural businesses and owners with revenue from farming operations. They can provide insight into the economic stability and viability of the agricultural sector in Marshall County. Despite some declines around 2020 and 2021, the consistency suggests a relatively stable farming economy, which could be a positive indicator for investors, property developers, and residents considering the implications of agricultural productivity and its impact on the local economy.
Number of Mortgages by Occupancy Type in Marshall County, IA Over the Last 5 Years in Marshall County
The trend in Marshall County, Iowa over the last five years suggests a significant dominance of principal residence mortgages, with numbers peaking at 1670 in 2021 before slightly dropping to 1054 in 2022. Investment property mortgages have seen a slight increase from 28 in 2020 to 62 in 2022, while second residence mortgages remain rare, never exceeding single digits annually. For investors, these trends suggest a stable but not highly competitive market for rental properties. Real estate agents and potential movers might view the high principal residence mortgage count as an indicator of community stability and robust demand for primary homes. This shift in occupancy types not only influences property values but also impacts appraisal accuracy and insurance considerations. For developers, understanding these dynamics could guide better planning and risk assessment.
Economic Outlook
Marshall County, Iowa, is showing strong economic indicators with average taxable income per tax return rising from around $50,433.85 in 2013 to $64,937.38 by 2021. As state and local income taxes surged from $5,399.48 in 2012 to $10,814.04 in 2021, it suggests a parallel increase in financial burdens which should be considered by new residents and investors. Despite fluctuations, the overall rise in total tax liability per tax return, peaking at $8,440.71 in 2021, hints at solid economic... Read more
Average Taxable Income per Tax Return in Marshall County, IA over the last 9 years
Marshall County, Iowa, has shown a generally upward trend in average taxable income per tax return over the past nine years. Starting at approximately $50,433.85 in 2013, the average climbed to about $64,937.38 by 2021. This increase potentially indicates a growing economic stability and prosperity in the county, likely appealing to investors, property developers, and new residents. Property values may also be on the rise, supported by higher incomes and a robust local economy.
Average State and Local Income Taxes Per Tax Return in Marshall County, IA Over the Last 10 Years
Marshall County, Iowa has seen a significant upward trend in average state and local income taxes per tax return over the last decade. From $5,399.48 in 2012, taxes surged to $10,814.04 by 2021. Notably, the most dramatic jump occurred between 2017 and 2018, where average taxes nearly doubled. This escalation is critical for potential investors, homeowners, and residents as it directly impacts cost of living calculations and financial planning.
Average Total Tax Liability Per Tax Return in Marshall County, IA Over the Last 10 Years
Over the last decade, Marshall County, Iowa has seen a somewhat fluctuating yet generally rising trend in average total tax liability per tax return. Starting at $7,041.93 in 2012 and peaking at $8,440.71 in 2021, there have been ups and downs but overall, it's a gradual increase. For prospective investors or those considering relocating to Marshall County, this could potentially indicate a healthy economic growth and a gradually increasing taxpayer capability, reflecting an evolving economic landscape.
Cost of Living in Marshall County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,114 | $1,408 | $1,898 | $1,142 | $1,235 |
| 1 adult 4 children | $1,114 | $1,149 | $1,452 | $1,142 | $1,375 |
| 2 adults 3 children | $1,114 | $1,150 | $1,647 | $1,142 | $1,010 |
| 1 adult 3 children | $1,114 | $939 | $1,201 | $1,142 | $1,123 |
| 2 adults 2 children | $844 | $941 | $1,396 | $996 | $868 |
| 1 adult 2 children | $844 | $703 | $949 | $996 | $829 |
| 2 adults 1 child | $844 | $744 | $1,145 | $522 | $786 |
| 1 adult 1 child | $844 | $481 | $698 | $522 | $658 |
| 2 adults | $652 | $598 | $893 | $0 | $619 |
| 1 adult | $639 | $326 | $447 | $0 | $547 |
Safety trends & Data
Marshall County, Iowa, has experienced fluctuating property crime rates over the past five years, with burglary incidents peaking at 37 in 2019 and consistent high levels of larceny-theft. There's been a slight increase in motor vehicle theft and vandalism, while fraud and forgery cases have declined, suggesting shifting risk profiles for investors, insurance agents, and potential new... Read more
Property Crime Trends in Marshall County, IA Over the Last 5 Years
Marshall County, Iowa, has seen fluctuating property crime rates over the past five years. While instances of burglary and larceny-theft dominate the crime statistics, with burglary incidents peaking at 37 in 2019 and larceny-theft consistently high, motor vehicle theft and vandalism also show noticeable trends. Interestingly, fraud and forgery cases have witnessed a decline, while there has been a minor uptick in motor vehicle theft and vandalism. This ebb and flow in crime rates could indicate changing risk profiles for investors, insurance agents, and potential new residents considering the area.
Demographics
Marshall County, Iowa's population skews slightly male and features a diverse age range, with a particularly notable number of residents aged 55 to 64. Educational attainment is varied, with high school graduates comprising the largest segment, though a significant portion of the population holds bachelor's or higher degrees. The racial makeup is predominantly white, but there's a decent representation of Asian and some other race categories. This demographic insight may suggest a stable yet... Read more
Race Distribution in Marshall County, Iowa (2022)
Educational Attainment in Marshall County, Iowa (2022)
Age Distribution in Marshall County, Iowa
Citizen Population in Marshall County, Iowa (2022)
Political Trends & Data
Marshall County, Iowa, appeared to lean slightly Republican in the 2020 U.S. Presidential Election, with approximately 53% of the vote going to the GOP and around 45% to the Democrats. Minor parties captured only a small fraction, reflecting a primarily two-party political landscape. This voting pattern might hint at community values and priorities that could affect local real estate dynamics, potentially influencing demand for certain property types and neighborhood developments that align... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Marshall County, Iowa, the 2020 U.S. Presidential Election appeared to show the Republican party holding a modest lead with approximately 53% of the vote. The Democratic party followed, garnering around 45%. Minor parties, including the Libertarian and Green parties, collectively secured a small fraction of the total vote, suggesting a predominantly two-party dynamic within the county. These figures potentially indicate local political leanings and voter priorities.
52.99% of voters voted for the Republican party in the 2020 Presidential Election
45.08% of voters voted for the Democrat party in the 2020 Presidential Election
1.19% of voters voted for the Livertarian party in the 2020 Presidential Election
0.17% of voters voted for the Green party in the 2020 Presidential Election
0.57% of voters voted for the Other party in the 2020 Presidential Election
School Data
Marshall County, Iowa has seen its student-to-teacher ratio fluctuate over the past decade, often dipping below the national average of 14, most notably to 13 in 2015 and again in 2022. These trends could signal changing school district priorities, budget adjustments, or enrollment shifts. A lower student-to-teacher ratio often indicates more personalized attention for students, enhancing appeal for families prioritizing education. It may also reflect on community stability and growth... Read more
Student-to-teacher ratio in Marshall County, Iowa over the last 10 years
Marshall County, Iowa has seen fluctuations in its student-to-teacher ratio over the past decade. Starting at a ratio of 15 students per teacher in 2014, it dipped below the national average of 14 in several years, most notably in 2015 and 2022 with ratios around 13. These trends can be indicative of changing school district priorities, budget adjustments, or enrollment shifts and are essential for potential investors, real estate agents, and residents to consider. A lower student-to-teacher ratio often suggests more personalized attention for students, potentially enhancing the area's appeal for families prioritizing education. For appraisers and insurance agents, these ratios could reflect on community stability and growth forecasts.
