Sioux County Real Estate and Livability Trends
In Sioux County, Iowa, home values have surged from $140,900 in 2015 to $220,700 in 2022, outpacing both state and national growth rates. This rising market suggests strong investment potential and higher appreciation rates, though this has been coupled with real estate taxes more than doubling over the last decade. Concurrently, there's been a marked drop in principal residence mortgage... Read more
Sioux County Market Trends
Home values in Sioux County, Iowa, have made a notable leap from $140,900 in 2015 to $220,700 in 2022, outpacing state and national growth rates. This dynamic local market might signal promising investment opportunities and higher appreciation rates. Real estate taxes have more than doubled over the last decade, possibly reflecting increased investments in local infrastructure. Additionally,... Read more
Median Value of Occupied Housing Units in Sioux County, Iowa Over the Last 8 Years
Home values in Sioux County, Iowa, have shown a steady climb over the past eight years, shooting from $140,900 in 2015 to $220,700 in 2022. Compared to the broader state of Iowa, where prices grew from $129,200 to $181,600 in the same span, Sioux County's growth trajectory is quite robust. Nationally, median home values grew from $125,500 in 2015 to $179,400 in 2022, reflecting a more modest increase. This suggests a particularly dynamic local market, possibly offering both investment potential and higher appreciation rates for property owners in Sioux County compared to broader state and national trends.
Residential Energy Tax Credit Per Tax Return in Sioux County, IA Over the Last 9 Years
Over the past nine years, Sioux County, Iowa has exhibited fluctuating average residential energy tax credits per tax return, peaking at $3,880.00 in 2018. This substantial variation suggests that investment in energy-efficient home improvements has been highly inconsistent. For those looking to build or buy property, this could imply periods of high incentive to upgrade energy systems, potentially boosting property values and lowering long-term utility costs. Real estate agents and appraisers might note these ups and downs to sway decision-making and valuation perspectives. Insurance agents could also find interest in these trends, as energy-efficient upgrades often correlate with lower risk properties.
Average Real Estate Taxes Per Tax Return in Sioux County, IA Over the Last 10 Years
Real estate taxes in Sioux County, Iowa have shown a notable upward trend over the last decade, starting at approximately $2,576.31 per tax return in 2012 and steadily climbing to nearly $5,478.91 by 2021. This increase might indicate a growing investment in local infrastructure and services or a rise in property values. The significant jump between 2018 and 2020 particularly stands out, suggesting external economic factors or legislative changes could be at play. Understanding these trends could be valuable for prospective investors, real estate agents, and homeowners in strategizing future financial plans or appraisals.
Percentage of Farm Returns in Sioux County, IA Over the Last 10 Years
Over the past decade, Sioux County, Iowa has seen a gradual decline in the percentage of farm tax returns, descending from around 12.97% in 2012 to roughly 11.23% by 2021. Farm tax returns are a critical economic indicator that reflect both the health of the agricultural sector and its role in the broader local economy. This downtrend could imply shifts in land use, farming profitability, or changes in the agricultural workforce. For potential investors, property developers, or residents, this trend might signal evolving economic conditions and opportunities within the county's agricultural landscape. Understanding these dynamics can provide insights into the region’s economic resilience and investment potential.
Number of Mortgages by Occupancy Type in Sioux County, IA Over the Last 5 Years in Sioux County
Over the last five years in Sioux County, Iowa, there has been a noticeable fluctuation in the number of mortgages across different occupancy types. Principal residence mortgages saw a peak in 2020 with 2076 originations but experienced a sharp decline to 682 by 2022. Investment property mortgages maintained relatively stable figures but showed a gradual decrease. Second residence mortgages remained negligible, not significantly impacting the overall market. These trends might indicate shifting preferences or economic conditions affecting homeownership and investment behaviors, which could have broader implications for real estate values, investment opportunities, and insurance risk assessments in the county. Understanding these shifts is essential for anyone looking to move to, invest in, or provide services in this region.
Economic Outlook
Sioux County, Iowa, has seen a steady rise in average taxable income per tax return, climbing from $62,389.19 in 2013 to $87,693.55 in 2021. This growth could signal stronger economic conditions and better earning opportunities for residents. However, this has been paired with a significant rise in state and local income taxes per tax return, notably peaking at $15,314.17 in 2019, suggesting an increasing tax burden. The county has also faced some volatility in average total tax liability, with... Read more
Average Taxable Income per Tax Return in Sioux County, IA over the last 9 years
Sioux County, Iowa, has generally seen a steady increase in average taxable income per tax return over the past nine years, suggesting economic growth and potential higher earning opportunities. From $62,389.19 in 2013 to $87,693.55 in 2021, this progression might indicate a stronger local economy and increased financial health of its residents. Factors like these can be critical for anyone considering moving to the area, investing, or building property, as they often correlate with better local job markets and community development opportunities.
Average State and Local Income Taxes Per Tax Return in Sioux County, IA Over the Last 10 Years
Over the past decade, Sioux County, Iowa has seen a significant rise in state and local income taxes per tax return. Starting at $6,830.12 in 2012, there's been a steady increase with notable peaks in 2018 and 2019, reaching $12,285.83 and $15,314.17 respectively. This upward trend indicates a growing tax burden, which potential investors and residents should consider when evaluating the financial landscape and cost of living in Sioux County.
Average Total Tax Liability Per Tax Return in Sioux County, IA Over the Last 10 Years
Sioux County, Iowa, has exhibited some volatility in average total tax liability per tax return over the past decade, with a noticeable peak in 2021 at $13,480.41. The slight increases and dips suggest economic fluctuations that could be linked to broader market and economic conditions, impacting disposable income and property values. For investors and potential residents, this pattern indicates a potentially dynamic economic environment. This may influence decisions on property investment, as tax liabilities can reflect both financial stability and burdens.
Cost of Living in Sioux County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,083 | $1,404 | $1,774 | $1,218 | $1,306 |
| 1 adult 4 children | $1,083 | $1,146 | $1,356 | $1,218 | $1,446 |
| 2 adults 3 children | $1,083 | $1,147 | $1,540 | $1,218 | $1,055 |
| 1 adult 3 children | $1,083 | $936 | $1,121 | $1,218 | $1,195 |
| 2 adults 2 children | $809 | $939 | $1,305 | $1,062 | $902 |
| 1 adult 2 children | $809 | $701 | $887 | $1,062 | $889 |
| 2 adults 1 child | $809 | $742 | $1,071 | $556 | $813 |
| 1 adult 1 child | $809 | $479 | $653 | $556 | $708 |
| 2 adults | $642 | $596 | $837 | $0 | $660 |
| 1 adult | $591 | $325 | $418 | $0 | $557 |
Safety trends & Data
Property crime in Sioux County, Iowa, shows generally escalating trends over the last five years. Larceny-theft spiked from 1.00 reported case in 2018 to 14.00 in 2019, then settled to around 7.00-8.00 cases annually through 2022. Fraud saw a notable rise from 1.00 in 2018 to 7.00 by 2022, with vandalism doubling to about 5.00-6.00 cases yearly. Burglary incidents also climbed steadily, reaching 4.00 by 2022. Insight into these trends might be valuable for prospective property investors or new... Read more
Property Crime Trends in Sioux County, IA Over the Last 5 Years
Property crime in Sioux County, Iowa, shows erratic but generally increasing trends over the past five years. Notably, larceny-theft saw a significant jump from 1.0 reported case in 2018 to a peak of 14.0 in 2019, stabilizing around 7.0-8.0 cases from 2020 through 2022. Incidents of fraud rose sharply from 1.0 in 2018 to 7.0 by 2022. Vandalism cases also doubled, from 2.0 in 2018 to around 5.0-6.0 per year recently. Burglary reports increased consistently each year, starting at 1.0 in 2019 to 4.0 by 2022. For those considering property investments or residential moves, recognizing these crime trends could offer some insight into potential risks and necessary precautions.
Demographics
Sioux County, Iowa, appears to have a nearly equal male to female adult population. Educational attainment in the region indicates that a substantial number of adults hold at least a high school diploma, with notable segments also holding associate’s and bachelor’s degrees. The age distribution shows a balanced spread across various age groups, with significant representation in both younger and older demographics. The racial composition is predominantly White, while other racial groups... Read more
Race Distribution in Sioux County, Iowa (2022)
Educational Attainment in Sioux County, Iowa (2022)
Age Distribution in Sioux County, Iowa
Citizen Population in Sioux County, Iowa (2022)
Political Trends & Data
In Sioux County, Iowa, the Republican Party appeared to dominate the 2020 U.S. Presidential Election, securing a substantial majority of the vote share. The Democratic Party lagged considerably, while third-party candidates seemingly garnered minimal support. These trends could indicate a strong preference for conservative policies among the local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Sioux County, Iowa, the Republican Party possibly dominated the 2020 U.S. Presidential Election, capturing an overwhelming majority of the vote share. The Democratic Party trailed significantly, while third-party candidates seemed to gather minimal support. These patterns might suggest a strong inclination towards conservative policies within the county’s electorate.
82.80% of voters voted for the Republican party in the 2020 Presidential Election
15.85% of voters voted for the Democrat party in the 2020 Presidential Election
0.89% 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
0.34% of voters voted for the Other party in the 2020 Presidential Election
School Data
Student-to-teacher ratios in Sioux County, Iowa hit 20 students per teacher in 2020, but have since eased to around 14 students per teacher in 2023, aligning with the national average. These fluctuations could influence educational outcomes and parental school district preferences, which in turn may impact property values and neighborhood desirability. For real estate agents and investors, these ratios can serve as indicators of changing educational conditions, shaping where families might want... Read more
Student-to-teacher ratio in Sioux County, Iowa over the last 10 years
Student-to-teacher ratios in Sioux County, Iowa have fluctuated over the last decade, most notably spiking to 20 students per teacher in 2020 before gradually declining back to around 14 students per teacher in 2023. This recent trend places Sioux County near the current national average of 14 students per teacher. Such changes in class sizes can impact educational outcomes, resource allocations, and parental choices regarding school districts. Investors and real estate agents, in particular, should see these ratios as indicators of shifting educational conditions, influencing property values and neighborhood desirability. Moreover, insurance agents and appraisers might consider these fluctuations when assessing community stability and potential growth.
