Monona County Real Estate and Livability Trends
Monona County, Iowa's real estate market could be increasingly attractive to investors and new homeowners due to a sharp rise in median home values from $79,400 in 2015 to $108,700 in 2022, while remaining more affordable than state and national averages. Energy tax credit fluctuations suggest sporadic interest in energy-efficient upgrades, with a notable peak in 2015. The stable... Read more
Monona County Market Trends
Monona County, Iowa, has shown a striking rise in median home values from $79,400 in 2015 to $108,700 in 2022, a growth pace that outstrips many areas while remaining more affordable than both state and national averages—a boon for investors and new homeowners. Real estate taxes have also more than doubled to $3,554.55 in 2021, reflecting perhaps rising property values or local government... Read more
Median Value of Occupied Housing Units in Monona County, Iowa Over the Last 8 Years
Monona County, Iowa, has seen a consistent increase in median home values over the last eight years, with values climbing from $79,400 in 2015 to $108,700 in 2022. While these values are lower than both the state of Iowa and the national averages, the pace of growth is notable. At the national level, median home values surged from $125,500 to $179,400 during the same period, and in Iowa, from $129,200 to $181,600. This suggests a more affordable yet appreciating real estate market in Monona County, making it potentially attractive for investors and new homeowners seeking value growth without the heftier price tags seen elsewhere.
Residential Energy Tax Credit Per Tax Return in Monona County, IA Over the Last 8 Years
Monona County, Iowa has seen varying amounts of residential energy tax credits over the past eight years. Notably, in 2013, the average credit was $770.00, showing potential early investments in energy efficiency. By 2015, there was a significant spike to $1237.50, perhaps reflecting large-scale adoption of energy-efficient solutions. However, the trend sees a sharp decrease in 2017 to $400.00, before fluctuating in subsequent years, with a lower recent average of $580.00 in 2021. This volatility might suggest a mix of economic factors and sporadic consumer engagement in energy-efficient upgrades, important for those looking to invest, build, or appraise property in the area.
Average Real Estate Taxes Per Tax Return in Monona County, IA Over the Last 10 Years
Real estate taxes in Monona County, Iowa have seen a significant upward trend over the last decade, reaching $3,554.55 in 2021 from $1,821.13 in 2012. This sharp increase, especially notable post-2016, may influence decisions for potential investors, homeowners, and professionals involved in property appraisal or real estate. Higher taxes could reflect rising property values or increased local government expenditures, relevant factors for anyone considering financial commitments in the area.
Percentage of Farm Returns in Monona County, IA Over the Last 10 Years
Over the last decade, Monona County, Iowa has seen a relatively stable trend in the percentage of farm tax returns, hovering around the 12% mark. The figures move within a tight range of around 11.46% in 2014 to 12.62% in 2021. This is a key indicator for anyone considering investments, relocations, or property developments in the region, as it suggests a consistent level of agricultural activity. Farm tax returns reflect the number of taxpayers reporting agricultural income, offering a snapshot of the economic health and viability of the farming sector in Monona County, an essential factor for understanding local economic stability and growth potential.
Number of Mortgages by Occupancy Type in Monona County, IA Over the Last 5 Years in Monona County
The latest trends in mortgage counts for Monona County, Iowa indicate fluctuating interest across different occupancy types over the past five years. Investment property mortgages have seen modest increases and decreases, while principal residence mortgages have experienced more significant swings, reaching a peak in 2021. Understanding these changes is crucial for investors and real estate agents looking to capitalize on shifting demands; higher numbers for principal residences could suggest rising local interest in owner-occupied homes, potentially driving up home values and impacting property assessments. For appraisers and insurance agents, these trends may indicate changing risk profiles and property values over time.
Economic Outlook
Monona County, Iowa, has experienced significant growth in average taxable income per tax return, rising from $52,400.96 in 2013 to $65,152.16 in 2021, hinting at a strengthening local economy. However, state and local income taxes have fluctuated, with peaks in 2018 and 2021 yet a low in 2020. Notably, the average total tax liability per tax return peaked at $9,184.47 in 2021 after a dip in 2018, suggesting rising incomes or policy shifts. These trends suggest underlying economic shifts,... Read more
Average Taxable Income per Tax Return in Monona County, IA over the last 9 years
Monona County, Iowa, has shown a notable upward trend in the average taxable income per tax return over the past nine years, rising from about $52,400.96 in 2013 to around $65,152.16 in 2021. This growth, particularly sharp between 2019 and 2021, may indicate a strengthening local economy, which can be appealing for potential investors or those considering moving to or developing property in the area. Such consistent financial improvement suggests increased economic opportunities and stability, which can be crucial for making informed decisions in real estate and business investments.
Average State and Local Income Taxes Per Tax Return in Monona County, IA Over the Last 10 Years
Monona County, Iowa has shown fluctuating state and local income taxes per tax return over the past decade, with noticeable peaks in 2018 at $8,800.00 and 2021 at $8,630.77. The lowest average income tax was reported in 2020 at $6,854.55. These trends may indicate underlying economic shifts, policy changes, or demographic adjustments, crucial for potential investors and residents to consider when evaluating the financial landscape of the area.
Average Total Tax Liability Per Tax Return in Monona County, IA Over the Last 10 Years
Monona County, Iowa has seen some fluctuations in average total tax liability per tax return over the past decade. Notably, tax liabilities peaked at $9,184.47 in 2021 after a dip to $7,263.42 in 2018, indicating rising incomes or changes in local tax policies impacting residents. Potential investors or new residents might find these trends indicative of the county's evolving economic status, potentially implicating broader fiscal health or shifts in population demographics over time. For those looking to build or invest, it's essential to consider these tax liability trends alongside other economic indicators.
Cost of Living in Monona County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $968 | $1,432 | $2,105 | $1,014 | $1,263 |
| 1 adult 4 children | $968 | $1,169 | $1,612 | $1,014 | $1,391 |
| 2 adults 3 children | $968 | $1,170 | $1,826 | $1,014 | $1,022 |
| 1 adult 3 children | $968 | $955 | $1,332 | $1,014 | $1,117 |
| 2 adults 2 children | $795 | $957 | $1,546 | $885 | $905 |
| 1 adult 2 children | $795 | $715 | $1,053 | $885 | $859 |
| 2 adults 1 child | $795 | $757 | $1,267 | $463 | $823 |
| 1 adult 1 child | $795 | $489 | $773 | $463 | $677 |
| 2 adults | $604 | $608 | $987 | $0 | $655 |
| 1 adult | $600 | $332 | $494 | $0 | $564 |
Safety trends & Data
Monona County, Iowa has seen fluctuating property crime trends over the past four years, with peaks in larceny-theft incidents in 2020 and 2022 at 4.0 and consistent vandalism numbers, especially notable in 2019 and 2021 at 3.0. Burglary incidents spiked at 3.0 in 2021 but dipped to 2.0 in 2022. A diversification in property crimes, including the emergence of fraud in 2021 and motor vehicle theft in 2022, might impact decisions for investors, real estate agents, and insurance providers engaged... Read more
Property Crime Trends in Monona County, IA Over the Last 4 Years
Monona County, Iowa has seen fluctuating property crime trends over the past four years. There was a notable increase in larceny-theft incidents in 2020 and 2022, peaking at 4.0 each year. Vandalism has also been consistent, with relatively high numbers, especially in 2019 and 2021, both at 3.0. Burglary incidents spiked in 2021 at 3.0 but slightly decreased to 2.0 in 2022. The emergence of fraud in 2021 and motor vehicle theft in 2022 indicates a diversification in types of property crimes. These dynamics may influence decisions for investors, real estate agents, and insurance providers engaged in the area.
Demographics
Monona County, Iowa, shows a slightly larger female adult population compared to males. High school graduates form the majority of the educational demographic, though nearly half of adults only have some college or an associate’s degree. The age distribution is relatively balanced but skews older, with significant groups in the 55-64 and 65-74 age brackets. Racially, the population is predominantly White, with very minimal representation from Black, American Indian, Native Hawaiian, and other... Read more
Race Distribution in Monona County, Iowa (2022)
Educational Attainment in Monona County, Iowa (2022)
Age Distribution in Monona County, Iowa
Citizen Population in Monona County, Iowa (2022)
Political Trends & Data
In Monona County, Iowa, the Republican party appeared to dominate the 2020 U.S. Presidential Election with nearly 69% of the vote, hinting at a predominantly conservative voter base. The Democratic party's close to 30% share suggests a smaller but notable presence. Minor parties like the Libertarian and Green parties, along with other candidates, collectively garnered a slight share, indicating limited yet existing interest in alternative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Monona County, Iowa, the Republican party appeared to have a strong lead with nearly 69% of the vote in the 2020 U.S. Presidential Election, possibly indicating a conservative-leaning electorate. The Democratic party garnered close to 30%, which may reflect a smaller, yet significant, base of support. Minor parties like the Libertarian and Green parties, as well as other candidates, collectively received a slight share of the vote, suggesting limited but present interest in alternative political viewpoints.
68.99% of voters voted for the Republican party in the 2020 Presidential Election
29.76% of voters voted for the Democrat party in the 2020 Presidential Election
0.76% of voters voted for the Livertarian party in the 2020 Presidential Election
0.06% of voters voted for the Green party in the 2020 Presidential Election
0.42% of voters voted for the Other party in the 2020 Presidential Election
School Data
Monona County, Iowa’s stable student-to-teacher ratio of 11 to 12 over the past decade, consistently below the national average of 14, suggests attractive conditions for families looking for more personalized educational environments. This stability can be appealing to real estate agents and investors, hinting at a community prioritizing educational quality. For businesses and developers, these figures reflect a potentially family-friendly market with steady demand for housing and... Read more
Student-to-teacher ratio in Monona County, Iowa over the last 10 years
Over the past decade, Monona County, Iowa, has shown a relatively stable student-to-teacher ratio, fluctuating between 11 and 12. This consistency in maintaining a student-to-teacher ratio below the national average of 14 may indicate smaller class sizes, which can be attractive to families and educators seeking a more personalized educational environment. Such ratios could also be of interest to real estate agents and potential investors, as they suggest a community prioritizing educational quality. Additionally, for businesses and developers considering this area, these figures may reflect a stable, family-friendly market with potential demand for housing and amenities.
