Scott County Real Estate and Livability Trends
Scott County, Iowa, has seen significant jumps in median home values from $148,200 in 2015 to $198,000 in 2022, outpacing both state and national trends. This uptick could attract real estate developers and prospective homeowners, indicating a robust investment climate. Real estate taxes also surged from $3,550.35 in 2012 to $6,717.86 in 2021, hinting at rising property values and evolving local... Read more
Scott County Market Trends
Median home values in Scott County, Iowa, jumped from $148,200 in 2015 to $198,000 in 2022, outpacing both state and national growth rates. This might signal strong investment potential, attracting real estate developers and prospective homeowners. Residential energy tax credits also spiked notably in 2018, peaking at around $2,637.50 before settling between $695.61 and $887.02, indicating stable... Read more
Median Value of Occupied Housing Units in Scott County, Iowa Over the Last 8 Years
Median home values in Scott County, Iowa, have seen a significant uptrend over the past eight years, rising from $148,200 in 2015 to $198,000 in 2022. This growth rate surpasses both the state of Iowa, where median values increased from $129,200 to $181,600, and the national level, which saw a rise from $125,500 to $179,400 during the same period. The region's accelerated increase might suggest strong investment potential and could be of interest to both prospective homeowners and real estate developers looking for promising markets.
Residential Energy Tax Credit Per Tax Return in Scott County, IA Over the Last 9 Years
Scott County, Iowa has seen notable fluctuations in the average residential energy tax credit per tax return over the past nine years. While initial values in 2013 started at around $298.05, a significant spike occurred in 2018, with a high of approximately $2,637.50, suggesting a temporary surge in energy-efficient home investments or policy changes. Despite this peak, more recent figures settled between $695.61 and $887.02 from 2019 to 2021, possibly indicating a more stable but elevated commitment to energy efficiency. These patterns might be of interest to potential home buyers, appraisers, and real estate agents focusing on energy-efficient properties, as well as insurance agents seeking to understand the value of energy upgrades in the area.
Average Real Estate Taxes Per Tax Return in Scott County, IA Over the Last 10 Years
In Scott County, Iowa, real estate taxes per tax return have seen a notable upward trend over the past decade. Starting from an average of around $3,550.35 in 2012, taxes rose steadily to approximately $4,559.34 by 2017 and then experienced a more significant jump to around $5,735.02 in 2018. The upward trajectory continued, reaching roughly $6,717.86 by 2021. This increase likely reflects rising property values and local tax policies, which could be an important consideration for potential homebuyers, investors, and real estate professionals in the area.
Percentage of Farm Returns in Scott County, IA Over the Last 10 Years
The percentage of farm tax returns in Scott County, Iowa, over the last decade has fluctuated subtly, mostly staying around the 1.04% mark in 2012 and ending slightly lower at roughly 0.95% in 2021. Farm tax returns gauge the proportion of tax filings that report income from agricultural activities, providing insight into the local farming economy's health and trends. These figures likely suggest marginally declining farm profitability or a slight shift away from agricultural income sources. This might be pivotal for investors or parties interested in agricultural ventures or property development in Scott County, indicating potential economic shifts or changes in land use priorities.
Number of Mortgages by Occupancy Type in Scott County, IA Over the Last 5 Years in Scott County
Over the past five years in Scott County, Iowa, there's been noticeable variation in the number of mortgages by occupancy type. Principal residences consistently lead in mortgage counts, showcasing a steady demand for primary housing. Investment property mortgages exhibit a modest upward trend, signaling growing interest in real estate investment opportunities. Second residences remain relatively negligible in comparison, indicating a lesser impact on the overall market. For investors and real estate professionals, understanding these occupancy patterns can illuminate market dynamics and guide smarter investment decisions. Additionally, these trends could influence property valuations, insurance premiums, and local economic forecasts, impacting everyone from appraisers to potential homebuyers.
Economic Outlook
Scott County, Iowa, shows a steady increase in average taxable income, rising from $62,992.37 in 2013 to $85,120.96 in 2021, suggesting potential economic growth and investment opportunities. The average state and local income taxes saw a sharp rise, peaking at $16,360.33 in 2021, indicating evolving tax policies that could influence financial decisions. Average total tax liability also saw notable peaks, like $14,611.16 in 2021, hinting at broader economic shifts. The poverty rate has... Read more
Average Taxable Income per Tax Return in Scott County, IA over the last 9 years
Scott County, Iowa, has seen a noticeable upward trend in the average taxable income per tax return over the past nine years. Starting at $62,992.37 in 2013, there has been a steady increase reaching $85,120.96 by 2021. The most significant jumps occurred between 2016 and 2017 and again between 2020 and 2021. For potential investors, this could suggest a growing economy and increasing prosperity in the region, making it a potentially lucrative area for real estate and business ventures. For residents, it may reflect improving job markets and better employment opportunities.
Average State and Local Income Taxes Per Tax Return in Scott County, IA Over the Last 10 Years
Scott County, Iowa has seen a notable increase in average state and local income taxes per tax return over the last decade. Starting at $7,577.31 in 2012, a sharp rise was observed in 2018 with taxes surging to $13,636.82, peaking at $16,360.33 in 2021. This significant upward trend points to an evolving tax landscape, which could influence decisions for potential investors, homebuyers, and residents contemplating relocation or real estate investments in the area.
Average Total Tax Liability Per Tax Return in Scott County, IA Over the Last 10 Years
Scott County, Iowa has seen notable fluctuations in average total tax liability per tax return over the past decade. Noteworthy increases occurred in 2017 and 2021, with liabilities reaching $13,135.18 and $14,611.16, respectively. These peaks hint at broader economic changes and potential shifts in the financial landscape of the county, possibly affecting decisions around investing, moving, or property development.
Cost of Living in Scott County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,253 | $1,504 | $1,901 | $1,701 | $1,514 |
| 1 adult 4 children | $1,253 | $1,228 | $1,462 | $1,701 | $1,684 |
| 2 adults 3 children | $1,253 | $1,229 | $1,645 | $1,701 | $1,264 |
| 1 adult 3 children | $1,253 | $1,003 | $1,206 | $1,701 | $1,424 |
| 2 adults 2 children | $951 | $1,006 | $1,389 | $1,496 | $1,029 |
| 1 adult 2 children | $951 | $751 | $950 | $1,496 | $1,051 |
| 2 adults 1 child | $951 | $795 | $1,133 | $830 | $890 |
| 1 adult 1 child | $951 | $513 | $695 | $830 | $761 |
| 2 adults | $770 | $639 | $878 | $0 | $643 |
| 1 adult | $636 | $348 | $439 | $0 | $525 |
Safety trends & Data
Scott County, Iowa has seen a general decline in larceny-theft from 570.00 incidents in 2018 to 342.00 in 2022, while burglary incidents decreased from 130.00 to 87.00 over the same period. On the other hand, vandalism and stolen property cases show a less consistent pattern, with some years seeing increases. These trends could impact property values and insurance premiums, making them relevant for investors, real estate agents, and residents looking to understand the community's evolving... Read more
Property Crime Trends in Scott County, IA Over the Last 5 Years
Scott County, Iowa has experienced fluctuations in various property crimes over the last five years. Notably, larceny-theft has seen a general decline from 2018's 570.0 incidents to 2022's 342.0. Burglary, too, appears to have decreased from 130.0 in 2018 to 87.0 in 2022. However, vandalism and stolen property cases show a less consistent pattern, with some years showing increases. These trends could be essential for potential investors, real estate agents, and residents, as they may indicate shifts in community safety, potentially affecting property values and insurance premiums.
Demographics
Scott County, Iowa's population exhibits a roughly even gender split, with females slightly outnumbering males. The educational attainment data suggests a robust high school graduation rate, but there appears to be a significant drop-off in higher education completion, with only about 26,358 residents attaining a bachelor's degree. The age demographics reveal a balanced distribution across different age groups, indicating a diverse and stable population spread from youth to seniors. In terms of... Read more
Race Distribution in Scott County, Iowa (2022)
Educational Attainment in Scott County, Iowa (2022)
Age Distribution in Scott County, Iowa
Citizen Population in Scott County, Iowa (2022)
Political Trends & Data
Scott County, Iowa's real estate market exists within a diverse political environment, with Democrats having just a slight lead over Republicans, capturing about 51% of the vote. This could suggest a varied population with shifting political tendencies, impacting local policies and potentially influencing market dynamics. The presence of third-party votes adds a layer of complexity, hinting that while the market is largely bipartisanship-driven, there's room for alternative viewpoints which... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Scott County, Iowa, showcases a nearly balanced political landscape with the Democratic votes slightly edging out Republican support. The Democrats hold an approximate 51% share, possibly reflecting a diverse voter base or shifting political inclinations. Meanwhile, third-party candidates, including Libertarians and Greens, collectively account for a modest portion of the vote, indicating a primarily bipartisan dynamic but with some space for alternative perspectives.
47.47% of voters voted for the Republican party in the 2020 Presidential Election
50.68% 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
0.23% of voters voted for the Green party in the 2020 Presidential Election
0.41% of voters voted for the Other party in the 2020 Presidential Election
School Data
Scott County, Iowa's student-to-teacher ratio has hovered around the national average of 14 over the past decade, occasionally dipping to 13 around 2016, suggesting smaller class sizes and potentially a more favorable teaching environment at that time. Fluctuations in 2015 and 2019 when the ratio slightly exceeded 14 could point to changes in district resources or enrollment. These shifts can be pivotal for real estate investors and families since they may influence property values, school... Read more
Student-to-teacher ratio in Scott County, Iowa over the last 10 years
Scott County, Iowa has seen fluctuations in its student-to-teacher ratio over the past decade, hovering around the national average of 14 students per teacher. Around 2016, the ratio dipped below the national average to 13, potentially indicating smaller class sizes and possibly a more favorable teaching environment. There were occasional increases such as in 2015 and 2019 when the ratio rose slightly above 14, which might suggest transient changes in district resources or enrollment patterns. These trends are crucial for investors, real estate agents, and families, as they can impact property values, insurance rates, school funding, and the overall attractiveness of the area for new residents.
