Tama County Real Estate and Livability Trends
Tama County, Iowa's real estate market shows intriguing trends with home values climbing from $103,000 in 2015 to $129,400 in 2022, offering a more affordable option compared to the state's rise to $181,600. Taxable income increasing from $51,591.01 in 2013 to $63,967.52 in 2021 suggests improving economic conditions. Meanwhile, the hike in residential energy tax credits and real estate taxes... Read more
Tama County Market Trends
Median home values in Tama County, Iowa have increased from $103,000 in 2015 to $129,400 in 2022, reflecting more affordability compared to Iowa's rise from $129,200 to $181,600. Potential investors might find the county appealing due to its lower home values amidst overall market growth. Average residential energy tax credits per tax return spiked to $3800.00 in 2018, hinting at significant... Read more
Median Value of Occupied Housing Units in Tama County, Iowa Over the Last 8 Years
Median home values in Tama County, Iowa have shown a steady increase over the past eight years, rising from $103,000 in 2015 to $129,400 in 2022. While this upward trend is mirrored at the state level in Iowa, which saw its median values climb from $129,200 to $181,600 over the same period, Tama County's growth appears less pronounced. On the national stage, median home values have surged from $125,500 in 2015 to $179,400 in 2022. This indicates that Tama County offers more affordable housing options compared to the broader trends in both Iowa and the United States. Investors and potential residents may find Tama County appealing for its relatively lower home values amidst a rising market, making it a potentially strategic entry point for real estate investments.
Residential Energy Tax Credit Per Tax Return in Tama County, IA Over the Last 9 Years
Tama County, Iowa, has seen a notable fluctuation in the average residential energy tax credit per tax return over the last nine years. The credit spiked dramatically in 2018, reaching $3800.00, suggesting perhaps significant home energy improvements or policy changes that year. While it dipped afterwards, recent years still show relatively high values compared to earlier years, with $1822.22 in 2021. This volatility in tax credits could reflect varying levels of investment in energy efficiency enhancements or changes in tax policies, which might interest potential investors, homeowners considering energy upgrades, or real estate professionals evaluating property values and market appeal.
Average Real Estate Taxes Per Tax Return in Tama County, IA Over the Last 10 Years
Tama County, Iowa has seen a consistent increase in average real estate taxes per tax return over the last decade, growing from $2,047.24 in 2012 to $3,415.00 in 2021. This upward trend could be a significant indicator for potential investors and real estate agents, suggesting robust property valuation. Property developers and homebuilders may also find this trend noteworthy as it could influence construction costs and market demand. For insurance agents and appraisers, this steady rise in taxes aligns with likely increases in property values, affecting premiums and appraisal values respectively.
Percentage of Farm Returns in Tama County, IA Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Tama County, Iowa, has shown only slight variations, ranging generally between 10.19% and 11.50%. This relatively stable trend suggests a consistent agricultural presence, which could indicate reliable opportunities for agribusiness investors and rural developers. For those looking to invest or move to the area, the steady percentage of farm returns implies an established farming community that might offer partnerships and local agricultural expertise.
Number of Mortgages by Occupancy Type in Tama County, IA Over the Last 5 Years in Tama County
Over the past five years in Tama County, Iowa, the number of mortgages for principal residences fluctuated significantly, peaking in 2021 with 720 mortgages recorded. Investment property mortgages showed a more modest and somewhat steady count, with a slight peak in 2021 at 22 and consistent levels around 12-20 in other years. Mortgages for second residences remained minimal but saw a slight increase in 2022. Shifts in occupancy types are quite telling for investors and real estate agents as they indicate potential changes in local demand and property utilization. For instance, the spike in investment properties in 2021 may hint at increased real estate activity or speculation, while the steady principal residence figures might suggest stable, family-oriented housing needs. This data could influence both market strategies for investors and valuations for appraisers.
Economic Outlook
In Tama County, Iowa, the average taxable income per tax return has steadily risen over the past nine years, jumping from $51,591.01 in 2013 to $63,967.52 in 2021. This growing income trend might hint at improving economic conditions, making the area more attractive for investment or relocation. Meanwhile, state and local income taxes have seen notable fluctuations, peaking at $9,910.53 in 2021, which suggests a need for thorough financial evaluation for those eyeing the region. Additionally,... Read more
Average Taxable Income per Tax Return in Tama County, IA over the last 9 years
In Tama County, Iowa, the average taxable income per tax return has shown a noticeable upward trend over the last nine years. While 2013 saw an average of $51,591.01, this figure climbed to $63,967.52 by 2021. Despite some fluctuations, the steady increase, especially from 2017 onwards, may suggest improving economic conditions and potential opportunities for those considering investment or relocation in the area. However, it’s worth considering factors like inflation and broader economic trends when interpreting these numbers.
Average State and Local Income Taxes Per Tax Return in Tama County, IA Over the Last 10 Years
Over the past decade, Tama County, Iowa has experienced fluctuating average state and local income taxes per tax return, with amounts ranging from $5,598.06 in 2015 to a peak of $9,910.53 in 2021. There was a notable spike in 2018 with an average of $7,624.00. These variations can impact financial planning for those considering investments, relocations, or property developments in the area. The recent elevation in tax averages suggests a need for potential residents and investors to closely evaluate the tax landscape as part of their decision-making process.
Average Total Tax Liability Per Tax Return in Tama County, IA Over the Last 10 Years
Over the past decade, Tama County, Iowa's average total tax liability per tax return has fluctuated, seeing a notable decline from $8,304.32 in 2012 to its lowest point of $6,423.31 in 2019. However, 2021 marked a significant uptick, reaching $8,857.38. These changes may reflect economic variations, shifts in local policies, or demographic dynamics, potentially impacting decisions for investors, potential residents, and property developers interested in the area.
Cost of Living in Tama County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,005 | $1,408 | $1,898 | $1,129 | $1,244 |
| 1 adult 4 children | $1,005 | $1,149 | $1,452 | $1,129 | $1,391 |
| 2 adults 3 children | $1,005 | $1,150 | $1,647 | $1,129 | $1,016 |
| 1 adult 3 children | $1,005 | $939 | $1,201 | $1,129 | $1,134 |
| 2 adults 2 children | $826 | $941 | $1,396 | $985 | $904 |
| 1 adult 2 children | $826 | $703 | $949 | $985 | $880 |
| 2 adults 1 child | $826 | $744 | $1,145 | $516 | $820 |
| 1 adult 1 child | $826 | $481 | $698 | $516 | $689 |
| 2 adults | $628 | $598 | $893 | $0 | $645 |
| 1 adult | $552 | $326 | $447 | $0 | $544 |
Safety trends & Data
Property crime trends in Tama County, Iowa over the past five years highlight fluctuations in various crime categories. Burglary generally stayed between three to seven cases annually, peaking at seven in 2019. Larceny-theft numbers are low but peaked at five cases in 2019. Motor vehicle thefts consistently appeared each year, with peaks of six incidents in 2019 and 2022. Fraud spiked in 2019 with fifteen cases, significantly higher than other years. Other crimes like vandalism, forgery,... Read more
Property Crime Trends in Tama County, IA Over the Last 5 Years
Property crime trends in Tama County, Iowa over the past five years show some fluctuations across different crime categories. Burglary incidents largely remained between three to seven cases per year, with a slight peak in 2019 at seven. Larceny-theft cases are relatively low but saw a minor peak in 2019 at five incidents. Motor vehicle thefts had a consistent presence each year, peaking at six incidents in both 2019 and 2022. Fraud saw a spike in 2019 with fifteen cases, significantly higher than other years. Other crimes such as vandalism, forgery and counterfeiting, embezzlement, and arson remained relatively low. These variable crime trends could influence decisions related to property appraisals, real estate investments, and insurance premiums.
Demographics
In Tama County, Iowa, the adult population is roughly balanced by gender, with males slightly outnumbered by females. Educational attainment shows a high school diploma or equivalent as the most common achievement, though a notable portion of adults have some college education or an associate's degree. Age distribution suggests a steady number of residents across various age groups, with a significant portion now entering or in retirement age. The racial makeup is predominately White, but there... Read more
Race Distribution in Tama County, Iowa (2022)
Educational Attainment in Tama County, Iowa (2022)
Age Distribution in Tama County, Iowa
Citizen Population in Tama County, Iowa (2022)
Political Trends & Data
In Tama County, Iowa, the Republican candidate in the 2020 U.S. Presidential Election appears to have received a substantial majority of the votes, significantly outpacing the Democratic candidate. Third-party candidates seem to have had little influence on the outcome. This strong Republican preference could be indicative of larger state-wide or regional voting trends, though these dynamics might change in upcoming elections based on evolving socio-political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Tama County, Iowa, the Republican candidate garnered what appears to be a significant majority of the vote in the 2020 U.S. Presidential Election, with a notable margin over the Democrat candidate. Third-party candidates, including Libertarian and Green party nominees, seemed to have minimal impact on the overall results. The relatively strong Republican preference could reflect broader state or regional trends, but these patterns could also shift in future elections depending on various socio-political factors.
58.85% of voters voted for the Republican party in the 2020 Presidential Election
39.53% of voters voted for the Democrat party in the 2020 Presidential Election
0.96% of voters voted for the Livertarian party in the 2020 Presidential Election
0.21% of voters voted for the Green party in the 2020 Presidential Election
0.44% of voters voted for the Other party in the 2020 Presidential Election
School Data
Tama County, Iowa has seen changing student-to-teacher ratios, peaking at nearly 14 in 2019 and dipping to around 12 in 2023. This lower ratio compared to the national average might suggest smaller class sizes, appealing to families prioritizing education. Real estate agents and investors could see steady housing demand driven by the area's focus on quality schooling. Appraisers and insurance agents should consider how highly-rated schools might positively affect property values and local... Read more
Student-to-teacher ratio in Tama County, Iowa over the last 10 years
Over the last decade, Tama County, Iowa has observed fluctuating student-to-teacher ratios, peaking at nearly 14 students per teacher in 2019 and dipping to around 12 in 2023. This relatively low student-to-teacher ratio compared to the national average of 14 could indicate smaller class sizes, which some educational researchers suggest might contribute to more individualized attention for students. For families considering relocation and valuing education, this could be an appealing factor. Moreover, real estate agents and investors might find resilient demand for housing in this area due to the emphasis on quality education. Appraisers and insurance agents should note the potential influence of highly-rated schools on property values and community stability.
