Boise County Real Estate and Livability Trends
Boise County, Idaho has seen the average taxable income per tax return rise from $51,347.62 in 2013 to $82,743.15 in 2021, pointing to a dynamic economic environment possibly luring more investors and new residents. The median home value has nearly doubled over the past eight years, outpacing state and national trends, suggesting a lucrative market for investments. Meanwhile, rising incentives... Read more
Boise County Market Trends
The median home value in Boise County, Idaho has nearly doubled over the past eight years, outpacing both state and national trends, indicating a potentially lucrative market for investments. The increase in average residential energy tax credits reflects rising incentives for energy-efficient homes, suggesting eco-friendly improvements could be a valuable selling point. Meanwhile, higher real... Read more
Median Value of Occupied Housing Units in Boise County, Idaho Over the Last 8 Years
The median home value in Boise County, Idaho has seen a remarkable surge over the past eight years, jumping from $188,200 in 2015 to $369,300 in 2022. This local growth far outpaces both state and national increases, with Idaho's median value rising from $162,900 to $331,600, and the U.S. average climbing from $125,500 to $179,400 in the same period. This trend could suggest that Boise County is becoming a highly desirable location, potentially offering lucrative investment opportunities and warranting consideration for those looking to build or move to the area.
Residential Energy Tax Credit Per Tax Return in Boise County, ID Over the Last 9 Years
Boise County, Idaho has seen a marked increase in the average residential energy tax credit per tax return over the past nine years, with significant spikes in 2018 ($4866.67) and a notable rise from 2013 ($288.89) to 2017 ($1100.00). This trend may interest potential investors and property developers since it indicates growing incentives to adopt energy-efficient solutions. Such dynamics could also catch the eye of real estate agents and appraisers as they assess property values influenced by eco-friendly improvements. The fluctuating yet upward-leaning credit values suggest heightened awareness and integration of residential energy efficiency over time.
Average Real Estate Taxes Per Tax Return in Boise County, ID Over the Last 10 Years
Boise County, Idaho has seen a general increase in average real estate taxes per tax return over the past decade. Starting at $1,907.45 in 2012, the taxes climbed to $3,492.59 in 2021. Notable jumps, like those in 2015 and 2019, reflect a trend of rising property valuations and possibly, an increased demand for housing in the region. This trend might suggest a growing real estate market, which could be appealing for investors, while prompting potential concerns for homeowners regarding escalating tax burdens.
Percentage of Farm Returns in Boise County, ID Over the Last 10 Years
The percentage of farm tax returns in Boise County, Idaho, has shown a slight but persistent decline over the past decade, starting from 3.11% in 2012 and dropping to around 2.16% in 2021. Farm tax returns generally reflect the agricultural activity within a county through reported income from farming operations. The decreasing trend in farm returns could indicate a shift in the economic dynamics of Boise County, suggesting either a reduction in farming activities or changes in how farming income is reported. This trend could matter particularly for investors and developers who need to understand the shifting economic landscape, as well as for potential residents interested in the agricultural viability of the area.
Number of Mortgages by Occupancy Type in Boise County, ID Over the Last 5 Years in Boise County
Looking at Boise County, Idaho's mortgage trends over the past five years, the majority of mortgages have consistently been for principal residences, with a notable dip in 2022. Mortgages for second residences and investment properties have been significantly lower but show some fluctuation. Investment properties saw a slight decrease from 2018 to 2020, followed by a modest increase. Changes in occupancy type impact the local real estate dynamics by influencing property pricing and supply. This variability is key for potential investors, builders, and real estate agents to predict market demands and tailor their strategies accordingly.
Economic Outlook
Boise County, Idaho has witnessed a consistent rise in the average taxable income per tax return, jumping from $51,347.62 in 2013 to $82,743.15 in 2021. This trend highlights a dynamic economic environment, possibly attracting more investors and new residents. Concurrently, there's been a significant increase in average state and local income taxes, doubling from $5,431.65 in 2012 to $11,756.00 in 2021, which may point to improved local infrastructure and services. The county's average total... Read more
Average Taxable Income per Tax Return in Boise County, ID over the last 9 years
Over the past nine years, Boise County, Idaho has seen a consistent increase in average taxable income per tax return, starting from $51,347.62 in 2013 and rising significantly to $82,743.15 in 2021. This upward trend reflects a dynamic economic environment, potentially attracting investors and new residents looking for growth opportunities. Keep an eye on these financial markers if considering property or economic ventures in the area, as the increasing incomes might also be associated with a rise in living standards and economic potential.
Average State and Local Income Taxes Per Tax Return in Boise County, ID Over the Last 10 Years
Boise County, Idaho has seen a significant rise in average state and local income taxes per tax return over the past decade, with an increase from $5,431.65 in 2012 to $11,756.00 in 2021. This sharp upward trend reflects both an increasing tax burden and potentially rising incomes, indicating robust economic growth in the region. Investors and potential residents should note that higher taxes could be indicative of improved local infrastructure and services, making Boise County an attractive location to watch.
Average Total Tax Liability Per Tax Return in Boise County, ID Over the Last 10 Years
Over the past decade, Boise County in Idaho has seen a notable increase in the average total tax liability per tax return. Starting from approximately $7,221.13 in 2012 and reaching around $12,872.15 by 2021, the trend suggests a steadily rising tax burden. The most significant jumps appear post-2016, with a noticeable peak from 2020 to 2021. This suggests economic activities and possibly income levels in the county have been on an upswing. For potential investors or those considering moving to Boise County, understanding this upward trend is crucial as it reflects growing financial obligations amid potential economic growth.
Cost of Living in Boise County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,341 | $1,769 | $1,582 | $1,607 | $1,554 |
| 1 adult 4 children | $1,341 | $1,445 | $1,221 | $1,607 | $1,718 |
| 2 adults 3 children | $1,341 | $1,446 | $1,367 | $1,607 | $1,276 |
| 1 adult 3 children | $1,341 | $1,180 | $1,006 | $1,607 | $1,431 |
| 2 adults 2 children | $954 | $1,183 | $1,152 | $1,407 | $983 |
| 1 adult 2 children | $954 | $884 | $791 | $1,407 | $1,007 |
| 2 adults 1 child | $954 | $935 | $937 | $759 | $878 |
| 1 adult 1 child | $954 | $604 | $576 | $759 | $749 |
| 2 adults | $771 | $751 | $722 | $0 | $681 |
| 1 adult | $676 | $410 | $361 | $0 | $582 |
Safety trends & Data
Boise County, Idaho has shown some unpredictable property crime trends over the past five years. A notable spike in vandalism cases occurred in 2019, reaching nine incidents, while burglary and larceny-theft have generally stayed low with occasional dips. Motor vehicle theft has been relatively steady, peaking at three cases in 2020. These trends are important for potential investors, real estate professionals, and residents to consider in terms of safety and property... Read more
Property Crime Trends in Boise County, ID Over the Last 5 Years
Boise County, Idaho has witnessed varying property crime trends over the past five years. Notable fluctuations include a spike in vandalism cases in 2019, reaching nine incidents, while other crimes like burglary and larceny-theft have remained relatively low, with occasional dips. Motor vehicle theft has seen some consistency but with less frequency, peaking at three cases in 2020. These patterns may suggest a somewhat erratic property crime landscape, which is essential for prospective investors, real estate professionals, and residents to consider when evaluating safety and property values in the area.
Demographics
Boise County, Idaho, shows a balanced gender ratio and a diverse age distribution, with a notable concentration of older adults. Educational attainment is varied, with a substantial portion of the population having attended some college or holding an associate's degree, but fewer residents possess graduate or professional degrees. The racial composition is predominantly White, with very small percentages of other racial groups. These trends might hint at an older, less ethnically diverse... Read more
Race Distribution in Boise County, Idaho (2022)
Educational Attainment in Boise County, Idaho (2022)
Age Distribution in Boise County, Idaho
Citizen Population in Boise County, Idaho (2022)
Political Trends & Data
Boise County in Idaho showed a noticeable Republican tilt in the 2020 U.S. Presidential Election, with around 72.30% of the votes presumably going their way. Democrats secured roughly 25%, indicating a less competitive landscape for them. Support for other parties like the Libertarians was minimal, which could hint at a broader trend within the state. This Republican dominance might influence local policies and economic conditions, potentially shaping the real estate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Boise County in Idaho showed a significant leaning towards the Republican Party in the 2020 U.S. Presidential Election, with an estimated 72.3% of the votes. The Democrats appeared to have garnered around 25%, while support for other parties like the Libertarians and others was relatively minimal, potentially reflecting broader state trends. This data might suggest a strong Republican presence, though local factors could also play a role.
72.30% of voters voted for the Republican party in the 2020 Presidential Election
24.98% of voters voted for the Democrat party in the 2020 Presidential Election
1.39% of voters voted for the Livertarian party in the 2020 Presidential Election
1.33% of voters voted for the Other party in the 2020 Presidential Election
School Data
Boise County, Idaho has maintained student-to-teacher ratios generally below the national average of 14, with figures fluctuating between 10 and 13 over the past decade. These lower ratios could suggest higher levels of personalized educational attention, which may be attractive to families considering relocation or property investment. For real estate professionals, this trend might indicate strong community investment in education, which could enhance property values and overall... Read more
Student-to-teacher ratio in Boise County, Idaho over the last 10 years
Over the past decade, Boise County, Idaho has seen fluctuations in its student-to-teacher ratio, generally hovering below the national average of 14 students per teacher. Notably, the ratio has ranged from a low of 10 in 2017 to a high of nearly 13 in recent years. These variations might suggest differing levels of investment in education and changing population dynamics. For those considering moving to or investing in property within Boise County, the relatively low student-to-teacher ratios could be a draw, indicating potentially more individualized attention in educational settings. For appraisers and real estate agents, these trends could be seen as positive indicators of community investment in education, potentially boosting property values and desirability.
