Benewah County Real Estate and Livability Trends
In Benewah County, Idaho, average taxable income per tax return jumped from $40,358.44 in 2013 to $57,978.34 by 2021. Median home values rose from $142,800 in 2015 to $241,700 in 2022, yet still trail the state median of $331,600. Residential energy tax credits peaked at $800.00 in 2020, pointing to increased interest in energy-efficient homes. Real estate tax fluctuations, coupled with stable... Read more
Benewah County Market Trends
Median home values in Benewah County, Idaho, have risen from $142,800 in 2015 to $241,700 in 2022, though they remain below the state median of $331,600. This upward trend could appeal to those seeking growth and affordability compared to broader state prices. Residential energy tax credits peaked at $800.00 in 2020, reflecting increased interest in energy-efficient solutions, a potential draw... Read more
Median Value of Occupied Housing Units in Benewah County, Idaho Over the Last 8 Years
Median home values in Benewah County, Idaho, have been climbing steadily over the past eight years, hitting $241,700 in 2022. While this is a significant jump from $142,800 in 2015, it still trails behind the state's median of $331,600 for 2022. When compared to the national median of $179,400, Benewah County's housing market appears to offer relatively higher values, potentially attracting those looking to invest or move to the area seeking both growth and affordability. If you're considering building or buying property here, these trends may indicate a solid opportunity for appreciation while still staying within a more accessible price range compared to broader state prices.
Residential Energy Tax Credit Per Tax Return in Benewah County, ID Over the Last 8 Years
Over the past eight years, Benewah County, Idaho has seen fluctuating average residential energy tax credits per tax return, peaking at $800.00 in 2020 and hitting a low of $233.33 in 2017. The growing awareness and investment in energy-efficient solutions are likely driving factors behind these varying tax credits, making the area attractive for eco-conscious investors, homeowners, and builders looking to leverage such benefits. This trend might also be of interest to real estate agents and insurance agents assessing the energy efficiency and sustainability of properties in the county.
Average Real Estate Taxes Per Tax Return in Benewah County, ID Over the Last 10 Years
Real estate taxes in Benewah County, Idaho have shown a noticeable uptrend over the past decade. Starting at around $1,850.72 in 2012, the average taxes spiked to $3,115.38 by 2020, with a slight dip to $2,613.33 in 2021. Several peaks are evident, notably in 2016, 2018, and 2019. This upward trend could signal rising property values, influencing decisions for potential buyers, sellers, and investors. Such data might be particularly pertinent for appraisers and insurance agents assessing property risks and values in the region.
Percentage of Farm Returns in Benewah County, ID Over the Last 10 Years
Over the last decade in Benewah County, Idaho, the percentage of farm tax returns experienced slight variations, generally hovering around the 4% mark. The highest percentage was roughly 4.53% in 2017, while the lowest dipped to approximately 3.52% in 2020. Farm tax returns here reflect the income generated through agricultural activities, serving as a critical metric for prospective investors and property developers to gauge the economic stability and potential growth in agribusiness. For residents and potential movers, these figures could imply a stable, albeit slightly fluctuating, agricultural base.
Number of Mortgages by Occupancy Type in Benewah County, ID Over the Last 5 Years in Benewah County
Benewah County, Idaho has seen fluctuations in the number of mortgages for different occupancy types over the past five years, with notable peaks and troughs in principal residences and secondary homes. The most substantial growth occurred in principal residences during 2020 and 2021, likely reflecting a surge in home buying, possibly due to low interest rates or increased remote work opportunities. Notably, investment property mortgages have remained relatively stagnant. These trends can impact various stakeholders: investors may see fewer opportunities, while prospective homeowners and real estate professionals might find a dynamic market with shifting demands. Insurers and appraisers should note these shifts as they directly influence risk assessments and property valuations.
Economic Outlook
In Benewah County, Idaho, average taxable income per tax return rose from $40,358.44 in 2013 to $57,978.34 by 2021, with notable spikes between 2017-2018 and 2020-2021. Likewise, average state and local taxes increased from $4,496.67 in 2012 to $6,969.23 in 2021, with jumps particularly between 2017-2019. Total tax liability followed a similar trend, peaking at $7,498.90 in 2021. These increases might signal a strengthening local economy and evolving tax policies, which are essential... Read more
Average Taxable Income per Tax Return in Benewah County, ID over the last 9 years
Benewah County, Idaho has experienced a notable upward trend in average taxable income per tax return over the past nine years. Starting at $40,358.44 in 2013, the income steadily rose to $57,978.34 by 2021. Significant jumps were seen particularly between 2017 and 2018, and again from 2020 to 2021. This consistent increase could potentially signal a strengthening local economy, making the region a more attractive prospect for investors and new residents.
Average State and Local Income Taxes Per Tax Return in Benewah County, ID Over the Last 10 Years
Benewah County, Idaho has witnessed a steady increase in average state and local income taxes per tax return over the last decade, jumping from $4,496.67 in 2012 to $6,969.23 in 2021. The significant surge in 2018, reaching $6,570.00, and the subsequent rise to $7,108.33 in 2019, highlights a noticeable upward trend in taxation that potential investors and residents should consider. This consistent rise suggests increasing local economic activity and possible changes in tax policy, which can impact the cost of living and incentive structures for both individuals and businesses.
Average Total Tax Liability Per Tax Return in Benewah County, ID Over the Last 10 Years
In Benewah County, Idaho, average total tax liability per tax return has shown a significant upward trend over the last decade. From $4,856.55 in 2012 to a peak of $7,498.90 in 2021, this steady increase could indicate economic growth or changes in tax policies affecting residents. For investors, potential homeowners, or builders, understanding these tax trends is crucial as they might impact property costs, living expenses, and overall financial planning in the area. This financial context is essential for making informed decisions about taking up residence or investing in Benewah County.
Cost of Living in Benewah County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,276 | $1,661 | $1,699 | $1,168 | $1,277 |
| 1 adult 4 children | $1,276 | $1,356 | $1,316 | $1,168 | $1,412 |
| 2 adults 3 children | $1,276 | $1,357 | $1,465 | $1,168 | $1,020 |
| 1 adult 3 children | $1,276 | $1,108 | $1,082 | $1,168 | $1,130 |
| 2 adults 2 children | $952 | $1,111 | $1,232 | $1,012 | $830 |
| 1 adult 2 children | $952 | $830 | $849 | $1,012 | $776 |
| 2 adults 1 child | $952 | $878 | $999 | $506 | $754 |
| 1 adult 1 child | $952 | $567 | $616 | $506 | $636 |
| 2 adults | $723 | $705 | $766 | $0 | $619 |
| 1 adult | $637 | $385 | $383 | $0 | $560 |
Safety trends & Data
Property crime trends in Benewah County, Idaho, reflect a significant decline over the past five years, with burglary and larceny-theft incidents dropping from peaks of 22 and 45 in 2019, respectively. Motor vehicle theft and vandalism also show downward trajectories, indicating improved local security or community vigilance. These trends could enhance property values and attract prospective homeowners and investors while potentially lowering insurance... Read more
Property Crime Trends in Benewah County, ID Over the Last 5 Years
Property crime trends in Benewah County, Idaho, suggest a notable decline in incidents over the past five years. Burglary and larceny-theft, once peaking at 22 and 45 incidences in 2019 respectively, have significantly decreased by 2022, evidencing a potential improvement in local security measures or community vigilance. Motor vehicle theft and vandalism also show downward trends, adding to an overall safer and more secure environment. These shifts could enhance property values and attractiveness for prospective homeowners and investors while potentially reducing insurance premiums.
Demographics
In Benewah County, Idaho, there seems to be a fairly balanced gender distribution with males slightly outnumbering females. Educational attainment reveals a significant portion of the adult population has completed high school, but fewer have pursued higher education. The age distribution suggests an older population, with a noticeable number of residents over 55 years old. The racial composition indicates a predominantly White community, but there is also a small but potentially significant... Read more
Race Distribution in Benewah County, Idaho (2022)
Educational Attainment in Benewah County, Idaho (2022)
Age Distribution in Benewah County, Idaho
Citizen Population in Benewah County, Idaho (2022)
Political Trends & Data
Benewah County, Idaho, shows a strong conservative tendency, with close to 78% of the vote in the 2020 U.S. Presidential Election likely going to the Republican party. Democrats might have captured just under 20%, and third parties, including Libertarians, potentially received around 1-2%. This voting pattern could suggest a community with solid Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Benewah County, Idaho, appears to have heavily favored the Republican party in the 2020 U.S. Presidential Election, with nearly 78% of the vote possibly going to the GOP. Democrats garnered just under 20%, while support for third parties such as Libertarians and others hovered around 1-2%. This kind of voting trend might indicate a strong conservative inclination within the county.
77.98% of voters voted for the Republican party in the 2020 Presidential Election
19.65% of voters voted for the Democrat party in the 2020 Presidential Election
1.17% of voters voted for the Livertarian party in the 2020 Presidential Election
1.21% of voters voted for the Other party in the 2020 Presidential Election
School Data
Benewah County, Idaho has seen its student-to-teacher ratio fluctuate from a high of nearly 18 in 2015 down to about 12 in 2018, stabilizing around 14 by 2020. These shifts bring the county's ratios closer to the national average of 14 students per teacher. This trend could be crucial for potential investors, real estate agents, and families planning a move, as it sheds light on educational trends and resource distribution, potentially affecting property values and the overall appeal of the... Read more
Student-to-teacher ratio in Benewah County, Idaho over the last 10 years
Benewah County, Idaho has experienced notable fluctuations in its student-to-teacher ratio over the past decade. Specifically, from a high of nearly 18 in 2015, the ratio significantly decreased to about 12 in 2018, before stabilizing around 14 by 2020. Compared to the national average of 14 students per teacher, Benewah County's recent ratios are more in line, though they previously indicated larger class sizes. This variability matters for potential investors, real estate agents, and families considering a move, as it provides insights into educational trends and resource allocation, which can influence property values and community attractiveness.
