Idaho Real Estate and Livability Trends

Idaho's median home values have jumped from $162,900 to $331,600 over the last eight years, far outpacing national growth and suggesting Idaho could be an increasingly attractive real estate hub. Simultaneously, residential energy tax credits have shown significant fluctuations, peaking at $4,194.75 in 2018, possibly indicating heightened interest in energy-efficient homes. Real estate taxes in... Idaho have also nearly doubled in the past decade, reaching about $4,308.00 per return in 2021, reflecting higher property values and possibly expanding local budgets. Farm tax returns, however, have declined, perhaps signaling economic shifts away from agriculture. Understanding these trends can help investors, builders, and potential residents make informed decisions. Read more

Idaho's real estate market trends present a compelling narrative of economic growth. The average taxable income per tax return surged from approximately $51,067.56 in 2013 to around $86,581.35 by 2021, indicating a thriving economic landscape. Despite the rise in average state and local income taxes—from $6,437.38 in 2012 to $17,434.96 in 2021—the state remains attractive for investors and potential residents, possibly due to enhanced public services and infrastructure. Moreover, the... increase in average total tax liability from about $8,221.57 in 2012 to $14,928.86 by 2021 underscores significant economic developments. These trends are crucial for anyone evaluating financial commitments in Idaho, be it for investment, relocation, or property development. Read more

Idaho's property crime landscape has seen noteworthy changes over the past five years, which could be pivotal for anyone invested in the real estate market. Fraud incidents have nearly halved from 4,249.00 cases in 2018 to 2,436.00 in 2022, suggesting increased security measures or economic shifts. Vandalism has held steady, ranging around 770.00 to 876.00 cases annually, while Larceny-Theft, though decreasing, accounted for 684.00 cases last year. Arson and motor vehicle theft are also on a... gradual decline. These trends might impact property values, insurance rates, and the overall desirability of living in Idaho. Read more

Idaho's adult population is almost evenly split between men and women, showing a slight majority of females. Educational attainment reveals that a significant portion of the population holds only a high school diploma or some college experience but no degree. Age-wise, there's a notable concentration of residents under 10 years and middle-aged adults (25-34 and 35-44 years). The racial demographics highlight a predominance of White residents, with much smaller percentages for other racial... groups. This diverse mix of age groups, education levels, and gender balance could likely influence local policies, economic strategies, and community services. Read more

Idaho's 2020 Presidential Election results could indicate a strong Republican stronghold, with the Republican candidate possibly securing about 63.9% of votes. Democrats, on the other hand, might have only garnered around 33.1%, suggesting a significant gap. The Libertarian votes seemed minimal, hovering near 1.9%, with other parties and independents barely making a dent in the final... tally. Read more

Over the past decade, Idaho's student-to-teacher ratio has jumped from 17 students per teacher in 2014 to 24 in 2023, particularly spiking in recent years. This could signal a stressed education system, which might sway property values and overall attractiveness. Families eyeing relocation may view the higher ratio as a drawback, given the national average sits at just fourteen students per teacher. These trends matter for investors, insurance agents, and real estate professionals as they... navigate the ripple effects on community development. Read more