Worth County Real Estate and Livability Trends
Worth County, Iowa has experienced a 35% rise in median home values from $96,400 in 2015 to $130,600 in 2022, suggesting an affordable market with growth potential despite trailing state and national averages. Real estate taxes have increased from $1,712.12 in 2012 to a peak of $2,760.00 in 2019, reflecting a growing tax burden. Meanwhile, primary residence mortgages peaked at 238 in 2021,... Read more
Worth County Market Trends
Worth County, Iowa has seen its median home values rise from $96,400 in 2015 to $130,600 in 2022, a 35% increase which trails behind state and national averages. Despite this, the area offers more affordable options with notable growth potential. Residential energy tax credits have fluctuated, with significant spikes in certain years, indicating intermittent financial incentives for... Read more
Median Value of Occupied Housing Units in Worth County, Iowa Over the Last 8 Years
Worth County, Iowa has experienced a significant rise in median home values over the past eight years, beginning at $96,400 in 2015 and reaching $130,600 in 2022. This 35% increase, while impressive, still lags behind both state and national trends. Iowa as a whole saw values climb from $129,200 to $181,600, and the national figures surged from $125,500 to $179,400, representing gains of 41% and 43% respectively. For future homeowners or investors, Worth County offers relatively more affordable options with a compelling growth trajectory, making it an intriguing prospect for those keen to capitalize on emerging markets.
Residential Energy Tax Credit Per Tax Return in Worth County, IA Over the Last 8 Years
Worth County, Iowa, has experienced significant fluctuations in residential energy tax credits over the past eight years. Notably, 2015 and 2021 saw some of the highest averages at $833.33 and $1,125.00 per tax return respectively, suggesting intermittent spikes in local investment or policy shifts towards energy efficiency. Such variability can imply that homeowners and investors in the area might see intermittent financial benefits from energy-efficient home improvements. Those involved in appraisals, real estate, or insurance could find these trends indicative of evolving homeowner priorities and potential valuation impacts.
Average Real Estate Taxes Per Tax Return in Worth County, IA Over the Last 10 Years
Worth County, Iowa has seen a notable upward trend in average real estate taxes per tax return over the past decade. Starting from approximately $1,712.12 in 2012, there's been a growing increment hitting a peak at $2,760.00 in 2019 before settling at around $2,455.56 in 2021. This fluctuation suggests a variable yet overall increasing tax burden on property owners, implying potential appreciation in property values or raised operational costs which might interest investors, developers, and real estate professionals considering activity in this area.
Percentage of Farm Returns in Worth County, IA Over the Last 10 Years
Over the past decade, Worth County, Iowa has seen farm returns fluctuating around 12.80% to 12.98%, with some minor dips closer to 11.80% in years like 2014 and 2020. These trends might suggest a relatively consistent agricultural sector, although variabilities indicate the need for careful year-by-year analysis. Investors and new residents considering the area might find the stable farm returns appealing, yet should stay informed about year-specific changes that could influence agricultural profitability and property decisions.
Number of Mortgages by Occupancy Type in Worth County, IA Over the Last 5 Years in Worth County
Over the last five years in Worth County, Iowa, mortgage counts mostly highlight a strong preference for principal residences compared to investment or second properties. The number of mortgages for primary homes peaked in 2021 at 238, while investment properties and second residences maintained relatively minimal and stable counts. Notably, the fluctuations in principal residence mortgages could suggest changing demographics or economic conditions influencing homeownership trends. For investors, builders, and real estate agents, this dominance of primary residence mortgages may imply a stable market with potentially lower risk and more predictable rental demand. From an appraiser and insurance perspective, understanding these dynamics can help assess property values and risk profiles more accurately.
Economic Outlook
Worth County, Iowa has seen a general upward trend in average taxable income per tax return over the past nine years, starting at around $51,983.43 in 2013 and accelerating to about $68,116.09 by 2021. State and local income taxes per tax return have fluctuated, peaking at $6,672.31 in 2013, dipping to $5,577.78 in 2018, then gradually climbing to $6,288.89 in 2020. Average total tax liability per tax return has also varied, reaching $8,752.23 in 2021 after hitting a low of $6,388.10 in 2019.... Read more
Average Taxable Income per Tax Return in Worth County, IA over the last 9 years
Worth County, Iowa has seen a general upward trend in average taxable income per tax return over the past nine years. Starting at about $51,983.43 in 2013, the value increased modestly until 2018, when it jumped to $55,363.10. The trend accelerated notably, reaching approximately $68,116.09 by 2021. This could indicate growing economic opportunities, making Worth County potentially more attractive for investments and property development. Those considering a move to this area might find a robust local economy that is on the rise.
Average State and Local Income Taxes Per Tax Return in Worth County, IA Over the Last 10 Years
Worth County, Iowa has seen a fluctuating pattern in average state and local income taxes per tax return over the past decade. Highest at $6,672.31 in 2013, there was a notable dip to $5,577.78 in 2018, followed by a gradual climb to $6,288.89 in 2020. These tax trends highlight the importance of ongoing fiscal assessments for potential investors and residents aiming to understand the financial landscape of the area.
Average Total Tax Liability Per Tax Return in Worth County, IA Over the Last 10 Years
Worth County, Iowa, has experienced notable fluctuations in average total tax liability per tax return over the past decade, with a high of $8,752.23 in 2021 and a low of $6,388.10 in 2019. The data suggests an overall rising trend recently after a decline that plateaued around 2017-2019. This variability may indicate shifts in income levels or changes in tax policies, which potential investors and homeowners should consider when evaluating economic stability and forecasting property values in the area.
Cost of Living in Worth County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,130 | $1,516 | $1,777 | $973 | $1,268 |
| 1 adult 4 children | $1,130 | $1,238 | $1,358 | $973 | $1,422 |
| 2 adults 3 children | $1,130 | $1,239 | $1,542 | $973 | $1,035 |
| 1 adult 3 children | $1,130 | $1,011 | $1,123 | $973 | $1,160 |
| 2 adults 2 children | $795 | $1,014 | $1,307 | $849 | $866 |
| 1 adult 2 children | $795 | $757 | $888 | $849 | $828 |
| 2 adults 1 child | $795 | $801 | $1,073 | $444 | $798 |
| 1 adult 1 child | $795 | $518 | $654 | $444 | $666 |
| 2 adults | $640 | $644 | $838 | $0 | $656 |
| 1 adult | $581 | $351 | $419 | $0 | $561 |
Safety trends & Data
Worth County, Iowa, has seen some interesting shifts in property crime trends over the past five years. Burglary incidents spiked in 2022 with 8 cases after having just 1 in 2020. Meanwhile, larceny-theft, which was the most frequent crime from 2018 to 2021, significantly dropped to only 2 cases in 2022. Vandalism has remained relatively low, with 3-5 incidents annually. These fluctuations may present both risks and opportunities for investors, real estate agents, and insurers evaluating the... Read more
Property Crime Trends in Worth County, IA Over the Last 5 Years
In the past five years, Worth County, Iowa, has experienced fluctuating property crime rates. Notably, 2022 saw a significant spike in burglary incidents, reaching 8 compared to just 1 in 2020. Larceny-theft, which was the most common type of property crime from 2018 to 2021, plummeted to only 2 cases in 2022. Vandalism incidents have generally remained low, hovering around 3-5 cases annually. These trends may indicate an evolving landscape for property risks and opportunities, pertinent for potential investors, real estate agents, and insurers assessing the county's security dynamics.
Demographics
Worth County, Iowa, shows an almost balanced adult population between males and females. Educational attainment largely gravitates towards high school graduates, with significant numbers pursuing some college or associate's degrees, indicating a workforce potentially focused on skilled trades and technical roles. The age distribution showcases a rather even spread among various age groups, but the substantial numbers in the 55 to 64 bracket may suggest an aging population nearing retirement.... Read more
Race Distribution in Worth County, Iowa (2022)
Educational Attainment in Worth County, Iowa (2022)
Age Distribution in Worth County, Iowa
Citizen Population in Worth County, Iowa (2022)
Political Trends & Data
In Worth County, Iowa, the real estate market trends may be subtly influenced by its political landscape, which shows a strong Republican preference with approximately 62% of the vote in the 2020 Presidential Election. This likely indicates a community with conservative values, potentially appealing to buyers looking for a stable, family-oriented environment. The minor party votes were minimal, hinting at a predominantly two-party system that can bring predictability to the area's regulatory... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Worth County, Iowa, exhibited a notable lean towards the Republican party in the 2020 U.S. Presidential Election, with around 62% of the votes potentially going their way. Meanwhile, the Democratic party seemed to secure roughly 36% of the vote share. Minor parties, including Libertarians and Greens, collectively drew in a small fraction, suggesting a relatively two-party dominant electorate in this region.
62.06% of voters voted for the Republican party in the 2020 Presidential Election
36.12% of voters voted for the Democrat party in the 2020 Presidential Election
0.86% of voters voted for the Livertarian party in the 2020 Presidential Election
0.16% of voters voted for the Green party in the 2020 Presidential Election
0.79% of voters voted for the Other party in the 2020 Presidential Election
School Data
Worth County, Iowa has maintained a stable student-to-teacher ratio, fluctuating between 12 to 14 over the past decade, mirroring the national average. Lower ratios in 2015 and gradual increases peaking in 2023 may influence real estate investments, family relocations, and educational funding. Class sizes can impact education quality, which in turn affects housing demand. This data can be pivotal for appraisers, insurance agents, developers, and real estate agents in evaluating property values... Read more
Student-to-teacher ratio in Worth County, Iowa over the last 10 years
Worth County, Iowa has seen some minor fluctuations in its student-to-teacher ratio over the past decade, hovering mostly in the range of 12 to 14 students per teacher, closely aligned with the national average of 14. Lower ratios observed in 2015 (12 students per teacher) and gradual increases peaking in 2023 (14 students per teacher) suggest a dynamic yet relatively stable educational environment. These changes could impact decisions related to real estate investments, family relocations, and educational funding since class sizes can affect the quality of education, influencing demand for housing in areas known for good schools. Appraisers and insurance agents might also factor in these trends when evaluating property values and risks, while developers and real estate agents can leverage this data to market properties more effectively.
