Winnebago County Real Estate and Livability Trends
Winnebago County, Iowa is seeing significant shifts with average taxable income rising to $67,128.74 in 2021, perhaps indicating local economic growth. Median home values jumped to $121,700 in 2022, presenting opportunities for investors while challenging current residents. Average real estate taxes have increased, potentially reflecting rising property values or rates. Mortgage data shows a... Read more
Winnebago County Market Trends
Winnebago County, Iowa has seen a notable increase in median home values, jumping from $96,200 in 2020 to $121,700 in 2022. This rapid growth, although still below Iowa's statewide median and the national median, could signify emerging opportunities for investors or new buyers, while posing challenges for current residents. Residential energy tax credits have fluctuated, peaking at $500.00 in... Read more
Median Value of Occupied Housing Units in Winnebago County, Iowa Over the Last 8 Years
Over the last eight years, Winnebago County, Iowa has seen a steady and notable increase in median home values, culminating in a jump from $96,200 in 2020 to $121,700 in 2022. This local trend, although still below Iowa's statewide median value of $181,600 and the national median of $179,400, indicates a rapid price growth compared to broader benchmarks. This sharp rise could signal emerging opportunities for investors or new buyers seeking undervalued markets, while posing challenges for current residents facing rising property costs.
Residential Energy Tax Credit Per Tax Return in Winnebago County, IA Over the Last 8 Years
Winnebago County, Iowa, has seen fluctuating trends in residential energy tax credits over the past eight years. These credits peaked at $500.00 in 2014, indicating possible incentives or increased energy-efficient home improvements during that period. However, there was a noticeable decline to a low of $220.00 in 2020, followed by a slight rebound to $357.14 in 2021. This variability could imply changing local policies or homeowner interest in energy-efficient upgrades. For real estate agents, appraisers, and investors, understanding these fluctuations might offer insights into homeowner behavior and potential future demand for eco-friendly housing solutions.
Average Real Estate Taxes Per Tax Return in Winnebago County, IA Over the Last 10 Years
Over the past decade, Winnebago County, Iowa, has experienced a noticeable increase in average real estate taxes per tax return. Starting at approximately $2,073.53 in 2012, the figure saw a steady rise, peaking at an estimated $3,271.43 in 2019 before a slight drop to about $2,857.89 in 2021. This upward trend could imply increasing property values or higher tax rates, which potential investors and property developers might find relevant when assessing long-term investment prospects. With fluctuations and a significant gradual rise, real estate agents and residents should stay informed on tax implications and market dynamics.
Percentage of Farm Returns in Winnebago County, IA Over the Last 10 Years
The percentage of farm tax returns in Winnebago County, Iowa has experienced a gradual decline over the past decade, starting at about 9.71% in 2012 and moving to approximately 8.08% by 2021. Farm tax returns are key indicators of agricultural business activity in the region, providing insights into the economic health and investment potential of the agricultural sector. For those considering investment, relocation, or property development in Winnebago County, understanding these trends could be crucial, as they may reflect broader shifts in the agricultural landscape and its economic vitality.
Number of Mortgages by Occupancy Type in Winnebago County, IA Over the Last 5 Years in Winnebago County
Over the past five years in Winnebago County, Iowa, mortgage data reveals an uptick in loans for principal residences, peaking at 309 in 2021 before slightly decreasing. On the other hand, there has been a noticeable, albeit modest, fluctuation in investment property mortgages and second residence loans, with investment property mortgages reaching a high of 32 in 2019 and typically staying below 25 in other years. These shifts in occupancy type can significantly impact local housing markets, investor strategies, appraisal valuations, and insurance risk assessments. A higher volume of principal residence mortgages might suggest a stronger demand for stable, long-term housing, which could drive up home values and affect new constructions. Conversely, trends in investment property loans may influence rental markets and potential investor interest. Understanding these dynamics can offer a competitive edge to anyone involved in or looking to engage with the real estate landscape in Winnebago County.
Economic Outlook
Winnebago County, Iowa has seen some interesting trends in terms of average taxable income per tax return, which jumped from $58,017.59 in 2020 to $67,128.74 in 2021. This sharp rise might hint at local economic growth or shifts in job market dynamics. Simultaneously, state and local income taxes have generally been on the rise, peaking at $8,037.50 in 2021, which might affect the cost of living and investment decisions. Additionally, the county has experienced fluctuating total tax... Read more
Average Taxable Income per Tax Return in Winnebago County, IA over the last 9 years
Over the past nine years, Winnebago County, Iowa has witnessed noticeable fluctuations in average taxable income per tax return, reflecting broader economic trends. Starting at $52,294.56 in 2013, the figure dipped slightly but showed gradual improvement until 2020, hitting $58,017.59. The most striking change came in 2021, with the average taxable income jumping to $67,128.74. This sharp increase could be of particular interest to potential investors or those looking to relocate, indicating potential economic growth or shifts in the local job market.
Average State and Local Income Taxes Per Tax Return in Winnebago County, IA Over the Last 10 Years
The average state and local income taxes per tax return in Winnebago County, Iowa have shown a general upward trend over the past decade, peaking at $8,037.50 in 2021. Notable fluctuations include a significant increase from $6,006.90 in 2015 to $7,051.72 in 2016 and a steep rise between 2017 and 2018 from $6,412.77 to $7,766.67. This data suggests a growing tax burden, which could impact the cost of living and investment decisions in the county.
Average Total Tax Liability Per Tax Return in Winnebago County, IA Over the Last 10 Years
Winnebago County, Iowa has seen fluctuating average total tax liability per tax return over the last decade, with values ranging from $6,295.50 to $9,126.15. Notable spikes occurred in 2020 and 2021, with the most recent data suggesting a significant increase. This trend may suggest economic variability or changes in tax policies impacting residents’ financial obligations. Investors and potential movers should pay attention to these variations as they could influence overall living costs and economic stability in the area.
Cost of Living in Winnebago County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,059 | $1,516 | $2,164 | $1,007 | $1,363 |
1 adult 4 children | $1,059 | $1,238 | $1,657 | $1,007 | $1,494 |
2 adults 3 children | $1,059 | $1,239 | $1,877 | $1,007 | $1,105 |
1 adult 3 children | $1,059 | $1,011 | $1,370 | $1,007 | $1,208 |
2 adults 2 children | $795 | $1,014 | $1,589 | $878 | $931 |
1 adult 2 children | $795 | $757 | $1,082 | $878 | $884 |
2 adults 1 child | $795 | $801 | $1,302 | $460 | $844 |
1 adult 1 child | $795 | $518 | $795 | $460 | $690 |
2 adults | $608 | $644 | $1,014 | $0 | $673 |
1 adult | $581 | $351 | $507 | $0 | $567 |
Safety trends & Data
Winnebago County, Iowa has experienced a decline in burglaries and motor vehicle thefts by 2020, while larceny-theft remains consistent. Emerging categories like forgery, counterfeiting, and fraud in 2019 and 2020 suggest evolving crime trends. Understanding these shifts could be essential for investors, real estate agents, and insurance agents in assessing risk and property values in the... Read more
Property Crime Trends in Winnebago County, IA Over the Last 3 Years
Winnebago County, Iowa, has seen a notable shift in property crimes over the last three years, with a marked decline in burglaries and motor vehicle thefts by 2020. Interestingly, larceny-theft holds steady as the most recurring crime, suggesting potential hotspots or specific community vulnerabilities. New categories like forgery and counterfeiting, and fraud emerged in 2019 and 2020, indicating evolving crime trends. For investors, real estate agents, and insurance agents, understanding these shifts can be crucial in assessing risk and property values in the county.
Demographics
Winnebago County, Iowa, shows a close gender balance with males slightly outnumbering females. Educational attainment is predominantly high school graduates, with a notable portion holding some college education or an associate's degree. The age distribution suggests a considerable portion of the population is nearing retirement, especially those aged 55 to 64 years. Racially, the county is largely homogeneous, with an overwhelming majority identifying as White, though small communities of... Read more
Race Distribution in Winnebago County, Iowa (2022)
Educational Attainment in Winnebago County, Iowa (2022)
Age Distribution in Winnebago County, Iowa
Citizen Population in Winnebago County, Iowa (2022)
Political Trends & Data
Winnebago County in Iowa showcased a notable Republican preference in the 2020 U.S. Presidential Election, capturing around 62% of the vote, while the Democratic party secured about 36%. This voting pattern hints at a predominantly conservative electorate, though a considerable Democratic presence persists. Minor party influence, including the Libertarian and Green parties, was minimal, underscoring a primarily two-party competition in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Winnebago County in Iowa exhibited a significant lean towards the Republican party in the 2020 U.S. Presidential Election, with an estimated 62% of the votes. The Democratic party, while garnering considerable support, trailed at around 36%. Minor parties such as the Libertarian and Green parties drew noticeably smaller portions of the vote, suggesting that third-party influences were minimal here. This distribution might indicate strong conservative inclinations within the county's electorate but also highlights the presence of a solid Democratic base.
62.41% of voters voted for the Republican party in the 2020 Presidential Election
35.76% 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
0.13% of voters voted for the Green party in the 2020 Presidential Election
0.49% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Winnebago County, Iowa, the student-to-teacher ratio has generally stayed near the national average of 14 students per teacher over the past decade, but it peaked at 15 in 2019 before dropping to 13.52 in 2023. These fluctuations can be noteworthy for investors and real estate agents since lower ratios often suggest a high-quality education, which could attract families. Such trends might also signal community stability and growth potential, making the area appealing for insurers and... Read more
Student-to-teacher ratio in Winnebago County, Iowa over the last 10 years
Over the past decade, the student-to-teacher ratio in Winnebago County, Iowa, has generally hovered around the national average of 14 students per teacher. Notably, in 2019, the ratio slightly peaked at 15 before falling back to 13.52 in 2023. Such fluctuations in the ratio could be significant for potential investors, developers, and real estate agents, as lower ratios often suggest more personalized instruction and potentially higher-quality education, which can be a compelling factor for families moving to the area. Insurers and appraisers might also see these trends as indicators of community stability and growth potential.