O'Brien County Real Estate and Livability Trends
O'Brien County, Iowa has seen a steady increase in average taxable income, from $55,726.89 in 2013 to $73,788.85 in 2021, signaling potential economic growth that's likely to attract investors and new residents. Median home values have jumped to $141,900 in 2022, making it an attractive option for first-time buyers and budget-conscious investors, though still lower compared to state and national... Read more
O'Brien County Market Trends
Home values in O'Brien County, Iowa have surged over the past eight years, reaching a median value of $141,900 in 2022, yet still lag behind state and national figures. The county’s home prices might appeal to first-time buyers or investors hunting for less expensive markets. Additionally, real estate taxes have seen a sharp rise from an average of $2,130.43 in 2012 to $3,685.71 in 2021,... Read more
Median Value of Occupied Housing Units in O'Brien County, Iowa Over the Last 8 Years
Median home values in O'Brien County, Iowa have shown a marked upward trajectory over the past eight years, peaking at $141,900 in 2022. This growth, while substantial, still places the county below both the state and national median values, which reached $181,600 and $179,400 respectively in the same year. The slower growth rate in O'Brien County could present an accessible entry point for first-time homebuyers or real estate investors compared to the hotter markets statewide and nationally.
Residential Energy Tax Credit Per Tax Return in O'Brien County, IA Over the Last 8 Years
The residential energy tax credit per tax return in O'Brien County, Iowa, has shown some notable fluctuations over the past eight years. The most significant increase was seen in 2014, with an average credit of $1,368.75, while the lowest average was recorded in 2017 at $566.67. This variability could suggest changing energy policies or shifting homeowner engagement with energy-efficient upgrades. It's important for investors, real estate agents, and insurance agents to recognize these trends as they can influence property values, home upgrade incentives, and overall market appeal. Appraisers should particularly note these fluctuations as they might affect future assessments and potential improvements.
Average Real Estate Taxes Per Tax Return in O'Brien County, IA Over the Last 10 Years
O'Brien County, Iowa, has experienced a notable increase in average real estate taxes per tax return over the past decade. From a modest average of $2,130.43 in 2012, taxes have surged to $3,685.71 by 2021. Although there was a slight dip in 2021 compared to 2020, the overall upward trajectory points to rising property valuations, potentially increasing demand in the area. This trend is vital for investors, appraisers, real estate agents, and anyone considering moving to the county, as it reflects on long-term property value growth and financial planning for homeownership.
Percentage of Farm Returns in O'Brien County, IA Over the Last 10 Years
Farm tax returns in O'Brien County, Iowa, hovered around 12.82% over the last decade, seeing slight fluctuations. This stability suggests sustained agricultural activity and potentially steady land values, which could be promising indicators for investors and property developers. For those considering a move or investment in O'Brien County, the consistent farm tax returns may reflect a stable local economy rooted in agriculture.
Number of Mortgages by Occupancy Type in O'Brien County, IA Over the Last 5 Years in O'Brien County
O'Brien County, Iowa's mortgage trends reveal significant fluctuations in principal residence loans, peaking in 2020 at 479 before dropping to 240 in 2022, while investment property loans remain relatively stable, hovering around 14-18 annually. Changes in occupancy type can deeply influence the local real estate market; a decline in principal residence mortgages could signal fewer people moving in, impacting home prices and community growth. For investors, steady investment property loans might suggest a consistently viable market unaffected by wider economic variables. Real estate agents and appraisers can leverage this data to better predict property demand, and insurance agents can adjust policies based on the type of occupancy prevalent in the area.
Economic Outlook
O'Brien County, Iowa has witnessed a steady rise in average taxable income per tax return, climbing from $55,726.89 in 2013 to $73,788.85 in 2021, indicating potential economic growth. This scenario might make the area appealing for investors or those considering relocation. Additionally, average state and local income taxes per tax return have surged from $7,011.72 in 2012 to $11,540.00 in 2021, signaling significant economic or policy shifts. The variability in total tax liability, peaking at... Read more
Average Taxable Income per Tax Return in O'Brien County, IA over the last 9 years
O'Brien County, Iowa has seen a steady increase in average taxable income per tax return over the last nine years, rising from $55,726.89 in 2013 to $73,788.85 in 2021. This upward trend suggests potential economic growth and could signify a healthier local economy, making it an interesting prospect for investors and those considering relocation or property development. However, it's important to analyze other economic factors before making any decisions, as income alone doesn't paint the full picture.
Average State and Local Income Taxes Per Tax Return in O'Brien County, IA Over the Last 10 Years
O'Brien County, Iowa has seen a notable increase in average state and local income taxes per tax return over the past decade, jumping from $7,011.72 in 2012 to $11,540.00 in 2021. The sharp rise beginning in 2018, jumping to $11,762.07, suggests significant economic developments or policy changes impacting taxpayers. This trend is crucial for potential investors and residents, highlighting the evolving tax landscape that could influence property investment or relocation decisions.
Average Total Tax Liability Per Tax Return in O'Brien County, IA Over the Last 10 Years
Over the past decade, O'Brien County, Iowa has seen fluctuations in average total tax liability per tax return. The highest tax burden was in 2021, peaking at $10,460.92, while the lowest was in 2019, at $8,387.12. These shifts could suggest varying economic conditions and changes in income levels among residents. For potential investors or residents, understanding these trends might provide insights into the financial climate and economic health of the county.
Cost of Living in O'Brien County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,110 | $1,404 | $2,105 | $1,074 | $1,325 |
1 adult 4 children | $1,110 | $1,146 | $1,612 | $1,074 | $1,467 |
2 adults 3 children | $1,110 | $1,147 | $1,826 | $1,074 | $1,083 |
1 adult 3 children | $1,110 | $936 | $1,332 | $1,074 | $1,195 |
2 adults 2 children | $795 | $939 | $1,546 | $937 | $901 |
1 adult 2 children | $795 | $701 | $1,053 | $937 | $857 |
2 adults 1 child | $795 | $742 | $1,267 | $491 | $816 |
1 adult 1 child | $795 | $479 | $773 | $491 | $672 |
2 adults | $616 | $596 | $987 | $0 | $648 |
1 adult | $581 | $325 | $494 | $0 | $549 |
Safety trends & Data
O'Brien County, Iowa has seen some notable fluctuations in property crime over the past five years. Burglaries spiked in 2020 with 9 incidents but normalized to around 5-6 in subsequent years. Larceny-theft showed significant variability, peaking at 17 incidents in 2022. Motor vehicle thefts had an unusual increase to 6 cases in 2020. Counterfeiting and forgery peaked at 5 incidents in 2019 but dropped off significantly thereafter. These trends suggest periods of heightened risk, which could be... Read more
Property Crime Trends in O'Brien County, IA Over the Last 5 Years
O'Brien County, Iowa has seen notable fluctuations in property crimes over the past five years. The number of burglary incidents spiked in 2020 with 9 occurrences, but this trend normalized down to 5-6 incidents in subsequent years. Larceny-theft has shown significant variability, peaking sharply in 2022 with 17 incidents. Motor vehicle thefts, although comparatively lower, saw an unusual increase to 6 cases in 2020. Additionally, counterfeiting and forgery peaked in 2019 with 5 incidents but dropped off significantly thereafter. These trends indicate periods of heightened risk, which could be a concern for potential investors and residents considering the stability and safety of their environment.
Demographics
With a nearly balanced gender split, O'Brien County, Iowa reveals intriguing nuances in its educational attainment. High school graduates form the largest educational group, but the county also boasts a notable number of residents with some college or an associate’s degree, pointing to a community valuing post-secondary education. The age distribution suggests a solid presence of both younger and older demographics, indicating the community’s potential for balanced growth and stability.... Read more
Age Distribution in O'Brien County, Iowa
Political Trends & Data
O'Brien County, Iowa, displayed a marked Republican leaning in the 2020 Presidential Election, with an estimated 78% of votes favoring the GOP. The Democratic party lagged significantly, capturing about 21%, and minor parties like the Libertarians and Greens received negligible support. This conservative tilt might indicate a strong preference for Republican policies and values among local residents, potentially influencing the area's housing market and investment... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
O'Brien County in Iowa showed a strong inclination towards the Republican party in the 2020 Presidential Election, with nearly 78% of the votes potentially going to them. The Democratic party followed with roughly 21%, while minor parties like the Libertarians and Greens garnered minimal support. This trend could imply a significantly conservative voter base in the region.
77.75% of voters voted for the Republican party in the 2020 Presidential Election
20.78% of voters voted for the Democrat party in the 2020 Presidential Election
1.02% of voters voted for the Livertarian party in the 2020 Presidential Election
0.08% of voters voted for the Green party in the 2020 Presidential Election
0.37% of voters voted for the Other party in the 2020 Presidential Election
School Data
O'Brien County, Iowa has consistently recorded a student-to-teacher ratio around 13 over the past decade, slightly below the national average of 14. This could suggest a more personalized education experience, which might appeal to families valuing education quality. For real estate agents, appraisers, and insurance agents, these figures might indicate a stable and desirable community, potentially influencing property values and risk... Read more
Student-to-teacher ratio in O'Brien County, Iowa over the last 10 years
Over the last decade, O'Brien County, Iowa has consistently maintained a student-to-teacher ratio that hovers around 13, slightly below the national average of 14 students per teacher. This marginally lower ratio could indicate a more personalized education experience compared to broader national trends. For potential movers, investors, and real estate agents, the steadily low student counts per educator may suggest a stable and potentially appealing environment for families placing a high value on education quality. Appraisers and insurance agents might also consider these figures, as they potentially reflect on community desirability and educational standards which indirectly affect property values and risk assessments.