Washington County Real Estate and Livability Trends
Washington County, Iowa has seen average taxable income rise significantly, from $53,489.56 in 2013 to $74,244.18 in 2021, underscoring a strengthening local economy. Median home values have also surged to $182,400, outpacing state and national medians and boosting investor interest. Property crime trends show a decrease in larceny-theft but a spike in vandalism, potentially affecting real estate... Read more
Washington County Market Trends
Washington County, Iowa has experienced a significant increase in median home values, reaching $182,400 in 2022, outpacing both the state and national medians. This uptick may attract investors and homebuyers seeking above-average appreciation. Energy tax credit fluctuations, peaking at $3,050.00 in 2018 but dropping to $1,838.89 by 2021, reflect changes in energy-efficient home investments and... Read more
Median Value of Occupied Housing Units in Washington County, Iowa Over the Last 8 Years
Over the past eight years, median home values in Washington County, Iowa have generally seen a steady upward trajectory, culminating in a significant increase to $182,400 in 2022. This trend seems to outpace the state's median home value of $181,600 for the same year and aligns closely with the national median of $179,400. This information could be crucial for potential investors, homebuyers, or property developers eyeing opportunities in Washington County as they may expect continued growth in home values, potentially exceeding broader state and national gains.
Residential Energy Tax Credit Per Tax Return in Washington County, IA Over the Last 9 Years
Residential energy tax credits in Washington County, Iowa have shown notable fluctuation over the past nine years. Starting at $1,011.76 in 2013, there has been a considerable peak at $3,050.00 by 2018, potentially indicating a rise in energy-efficient home investments during that period. More recent years, though, have seen a decline, with the average credit per tax return decreasing to $1,838.89 in 2021. This variability suggests that while interest in energy efficiency remains, it may be influenced by broader economic factors or changes in tax incentives. For investors and property developers, these trends could reflect evolving priorities for residential improvements and energy savings.
Average Real Estate Taxes Per Tax Return in Washington County, IA Over the Last 10 Years
Washington County, Iowa has experienced a notable upward trend in average real estate taxes per tax return over the past decade. Starting at $2,592.50 in 2012, the amount has risen to $4,198.11 by 2021. This gradual increase in property taxes may be indicative of rising property values in the area, which could be of interest to investors and real estate agents. Higher tax rates might also impact both insurance costs and the overall cost of living, which are important factors for potential homeowners and current residents to consider.
Percentage of Farm Returns in Washington County, IA Over the Last 10 Years
Over the past decade, farm tax returns in Washington County, Iowa, have shown a relatively stable pattern, fluctuating between approximately 9.03% and 9.76%. This slight variance could suggest a steady agricultural economy with minimal significant change in farming operations or profitability. For investors, this stability might indicate a reliable market with limited volatility in agricultural ventures. Prospective residents and property developers might also find this trend reassuring, as it hints at a stable economic foundation in the county's farming sector.
Number of Mortgages by Occupancy Type in Washington County, IA Over the Last 5 Years in Washington County
Interest in Washington County, Iowa, sees fluctuations worth noting, with principal residences consistently dominating mortgage counts each year, peaking in 2021 at 1,639 mortgages. Investment properties show modest growth, with a notable rise in 2022 to 96 from 64 in 2018. Second residences stay relatively stable but low. Shifts in occupancy type impact market dynamics; high principal residence mortgages could signal strong local residency and potential long-term community stability, while increased investment property interest may indicate rising real estate investment opportunities. Buyers, investors, appraisers, and insurance agents should consider these trends for a deeper understanding of the market's direction.
Economic Outlook
Washington County, Iowa has experienced a continuous climb in average taxable income per tax return, rising from $53,489.56 in 2013 to $74,244.18 in 2021. This upward trend hints at a strengthening local economy, making the county potentially appealing for investors and new residents. Concurrently, average state and local income taxes grew markedly from $5,513.78 in 2012 to $9,344.00 by 2020. These increases suggest a vibrant fiscal environment, though stakeholders should weigh the implications... Read more
Average Taxable Income per Tax Return in Washington County, IA over the last 9 years
Washington County, Iowa has seen a steady increase in average taxable income per tax return over the past nine years, with an uptick from $53,489.56 in 2013 to $74,244.18 in 2021. This continuous growth trend could indicate a strengthening local economy, making the county potentially attractive for investors and those considering relocating. While there are some fluctuations, the general upward trajectory suggests longer-term stability and potential growth opportunities for those interested in building property or investing in the area.
Average State and Local Income Taxes Per Tax Return in Washington County, IA Over the Last 10 Years
Washington County, Iowa has seen a notable rise in average state and local income taxes per tax return over the last decade. Starting at $5,513.78 in 2012, the amount increased sharply to $9,344.00 by 2020, reflecting the area's growing economic activity and higher income levels. The spike in 2018 to $9,417.54 and subsequent trend indicates a robust fiscal environment, suggesting stability and potential growth for investors and new residents alike. With taxes peaking in recent years, stakeholders should consider the implications on disposable income when planning investments or relocations.
Average Total Tax Liability Per Tax Return in Washington County, IA Over the Last 10 Years
Over the last decade, Washington County, Iowa has seen fluctuations in average total tax liability per tax return, with notable growth especially in recent years. While figures hovered around $7,200.00 to $7,600.00 from 2012 to 2019, there was a substantial increase starting in 2020 with liability reaching $8,386.27, and peaking in 2021 at $10,195.98. For potential investors, homeowners, and those considering relocation, this trend could indicate a shift in economic conditions or policy changes impacting fiscal responsibility in the area. Examining the reasons behind these increases could be crucial for financial planning and long-term investments.
Cost of Living in Washington County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,111 | $1,391 | $1,944 | $1,536 | $1,438 |
| 1 adult 4 children | $1,111 | $1,136 | $1,495 | $1,536 | $1,612 |
| 2 adults 3 children | $1,111 | $1,137 | $1,683 | $1,536 | $1,196 |
| 1 adult 3 children | $1,111 | $928 | $1,234 | $1,536 | $1,352 |
| 2 adults 2 children | $884 | $931 | $1,421 | $1,351 | $1,013 |
| 1 adult 2 children | $884 | $695 | $972 | $1,351 | $1,034 |
| 2 adults 1 child | $884 | $735 | $1,159 | $749 | $890 |
| 1 adult 1 child | $884 | $475 | $710 | $749 | $780 |
| 2 adults | $672 | $591 | $897 | $0 | $663 |
| 1 adult | $591 | $322 | $449 | $0 | $544 |
Safety trends & Data
Washington County, Iowa has shown varied property crime trends over the past five years. Larceny-theft has seen a notable decline, dropping from 50.0 cases in 2019 to 19.0 in 2022, while burglary incidents have remained stable at around 10.0-12.0 cases annually. Motor vehicle thefts fluctuated but stayed low, with 3.0 to 7.0 cases yearly. Vandalism, however, spiked to 17.0 cases in 2022 from a previous 3.0, marking a significant change. Fraud and arson have remained minimal with minor... Read more
Property Crime Trends in Washington County, IA Over the Last 5 Years
Washington County, Iowa has seen varied property crime trends over the last five years. Larceny-theft consistently records the highest numbers but dropped significantly from 50.0 cases in 2019 to 19.0 in 2022. Burglary incidents have remained relatively static, averaging around 10.0-12.0 cases annually. Motor vehicle thefts stayed low, fluctuating between 3.0 to 7.0 yearly. An uptick in vandalism was noted in 2022, increasing to 17.0 from a previous 3.0. Fraud and arson stayed minimal, each aligning closely with minor year-to-year variations. These insights could be crucial for investors, real estate professionals, and residents assessing risks and making informed area decisions.
Demographics
Washington County, Iowa has a nearly balanced adult population with slightly more females than males. Most residents have at least a high school education, with many attaining some college or higher degrees. The age distribution highlights a significant number of individuals in the 35-44 and 55-64 age brackets, suggesting a robust working-age population. The racial makeup is predominantly White, with small representations from other races, indicating limited racial diversity in the... Read more
Race Distribution in Washington County, Iowa (2022)
Educational Attainment in Washington County, Iowa (2022)
Age Distribution in Washington County, Iowa
Citizen Population in Washington County, Iowa (2022)
Political Trends & Data
Washington County, Iowa, leaned heavily Republican in the 2020 U.S. Presidential Election, with the GOP potentially securing nearly 60% of the vote. Democrats garnered close to 39%, while minor parties such as the Libertarians and Greens received minimal support, with less than 2% combined. This distribution suggests a strong Republican presence with limited influence from third-party candidates, which could influence local policy and community investment... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Washington County, Iowa, leaned heavily Republican in the 2020 U.S. Presidential Election, with the GOP potentially securing nearly 60% of the vote. Democrats, on the other hand, garnered close to 39%, while minor parties such as the Libertarians and Greens received minimal support, with less than 2% combined. This distribution suggests a strong Republican presence with limited influence from third-party candidates.
59.42% of voters voted for the Republican party in the 2020 Presidential Election
38.77% of voters voted for the Democrat party in the 2020 Presidential Election
1.22% of voters voted for the Livertarian party in the 2020 Presidential Election
0.18% 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
In Washington County, Iowa, the student-to-teacher ratio has shown variability, hovering between about 12 and 15 students per teacher over the past ten years. This is sometimes below, matching, or exceeding the national average of 14. Such dynamics can influence various stakeholders. Real estate agents and builders might market lower ratios to attract families, while appraisers could view stable educational metrics as a positive influence on property values. Potential investors might be drawn... Read more
Student-to-teacher ratio in Washington County, Iowa over the last 10 years
Over the past decade, the student-to-teacher ratio in Washington County, Iowa, has fluctuated between approximately 12 and 15 students per teacher, sometimes dipping below and other times matching or exceeding the national average of fourteen. These shifting dynamics in class sizes could impact various stakeholders. Potential investors and those considering moving to the area might be encouraged by lower student-to-teacher ratios, signaling potentially more individualized attention in education. Real estate agents and builders may find this data useful in highlighting the strengths of local schools to attract families. Moreover, appraisers and insurance agents might view stable or improving educational metrics as beneficial factors influencing property values and community vitality. Real estate professionals, developers, and residents could all leverage this information to understand and navigate the educational landscape better, potentially aligning their plans with these trends.
