Boundary County Real Estate and Livability Trends
Boundary County, Idaho has seen a notable rise in average taxable income per tax return, growing from $42,218.07 in 2013 to $66,863.22 by 2021, alongside a doubling of state and local income taxes over the same period. Median home values soared from $172,800 in 2015 to $318,600 in 2022, hinting at strong local demand or unique regional factors. Real estate and tax data suggest increasing property... Read more
Boundary County Market Trends
The median home value in Boundary County, Idaho, skyrocketed from $172,800 in 2015 to $318,600 in 2022, outpacing both state and national trends. Such rapid price hikes may point to strong local demand or unique regional factors, making it an intriguing spot for investors. Real estate taxes have nearly doubled over the past decade to $3,344.44 in 2021, suggesting either rising property values or... Read more
Median Value of Occupied Housing Units in Boundary County, Idaho Over the Last 8 Years
Over the past eight years, the median home value in Boundary County, Idaho, has surged from $172,800 in 2015 to $318,600 in 2022. Compared to both the state and national trends, Boundary County's growth has been quite pronounced, particularly in the last few years. While Idaho’s overall median home value increased to $331,600 in 2022, the national median value hovered around $179,400. This significant growth in Boundary County’s housing market could indicate a strong local demand or unique regional factors driving prices higher, making it an interesting area for potential investors and homebuyers.
Residential Energy Tax Credit Per Tax Return in Boundary County, ID Over the Last 8 Years
Over the past eight years, the average residential energy tax credit per tax return in Boundary County, Idaho has seen a generally upward trend, increasing from $244.44 in 2013 to $936.36 in 2021. Notable spikes in 2017 and 2020 indicate fluctuations, possibly linked to policy changes or increased local investment in energy-efficient home improvements. This upward movement might be of interest to those considering property investments, as it suggests growing attention to energy efficiency, which could enhance property values and lower long-term operational costs.
Average Real Estate Taxes Per Tax Return in Boundary County, ID Over the Last 10 Years
Over the last decade, Boundary County, Idaho, has seen a notable increase in average real estate taxes per tax return. Starting from $1,859.34 in 2012, the figure has generally trended upwards, peaking at $3,344.44 in 2021. This rise might suggest growing property values or increasing tax levies, providing a key consideration for prospective investors, current homeowners, and real estate professionals eyeing the area. Notably sharp jumps in years like 2018 ($3,051.85) and 2020 ($3,317.24) could reflect significant shifts in local property markets or fiscal policies.
Percentage of Farm Returns in Boundary County, ID Over the Last 10 Years
Over the last 10 years in Boundary County, Idaho, the percentage of farm tax returns has shown a steady decline from about 6.84% in 2012 to approximately 4.93% in 2021, with a noticeable dip reaching down to 4.76% in 2020. Farm tax returns typically represent the portion of total income tax returns filed by individuals whose primary income source is farming. This trend might suggest shifts in local economic activities, potentially impacting agricultural investment opportunities, community development, and property values in the area. Prospective investors, property developers, and residents might want to consider these dynamics when making decisions related to Boundary County.
Number of Mortgages by Occupancy Type in Boundary County, ID Over the Last 5 Years in Boundary County
Over the last five years in Boundary County, Idaho, there have been interesting shifts in the types of residential properties being financed. Mortgages for principal residences have consistently been the highest, peaking in 2021 with 1,059, compared to a more modest 622 in 2022. This year-to-year variation can indicate changing economic conditions, local market trends, or shifting population dynamics. Investment property mortgages remain steady but are much lower in volume, suggesting that this market segment may be less volatile but also potentially less lucrative. Meanwhile, second residence financing shows slight fluctuations, which could reflect the discretionary nature of such investments. Understanding these dynamics can help potential investors and real estate agents gauge market health, while builders and appraisers can align their services with current demand. Changes in occupancy types also matter to insurers who may adjust premiums based on property usage trends.
Economic Outlook
Boundary County, Idaho has experienced a steady rise in average taxable income per tax return, climbing from $42,218.07 in 2013 to $66,863.22 by 2021. Coupled with increasing state and local income taxes, which doubled from $5,066.67 in 2012 to $10,441.67 by 2021, the area seems to be undergoing economic growth and higher earning potential. Additionally, total tax liabilities per return also surged, indicating possibly increased property values or incomes. These trends are fascinating for... Read more
Average Taxable Income per Tax Return in Boundary County, ID over the last 9 years
Boundary County, Idaho has seen a notable upward trend in average taxable income per tax return over the past nine years. Starting from $42,218.07 in 2013, it gradually increased each year and saw a significant rise to $66,863.22 by 2021. This consistent growth may suggest a strengthening local economy and potentially higher earning opportunities, which could be attractive for investors and individuals considering moving to or building property in the area.
Average State and Local Income Taxes Per Tax Return in Boundary County, ID Over the Last 10 Years
Over the past decade, Boundary County, Idaho has seen a consistent rise in average state and local income taxes per tax return. Starting at $5,066.67 in 2012, the taxes have surged to $10,441.67 by 2021. This trend underscores the increasing tax burden, reflecting broader economic dynamics and potentially higher incomes or property values in the area. For potential investors or new residents, this escalating tax landscape is crucial to factor into financial planning.
Average Total Tax Liability Per Tax Return in Boundary County, ID Over the Last 10 Years
Over the past decade, Boundary County, Idaho has seen a notable increase in average total tax liability per tax return, jumping from $5,684.44 in 2012 to $10,045.82 in 2021. This upward trend, particularly sharp in the past few years, could be indicative of rising incomes or property values. For prospective investors or residents, these patterns might suggest economic growth and increasing fiscal contributions, making it a potentially attractive, albeit costlier, destination.
Cost of Living in Boundary County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,202 | $1,556 | $1,699 | $1,168 | $1,226 |
| 1 adult 4 children | $1,202 | $1,271 | $1,316 | $1,168 | $1,365 |
| 2 adults 3 children | $1,202 | $1,271 | $1,465 | $1,168 | $979 |
| 1 adult 3 children | $1,202 | $1,038 | $1,082 | $1,168 | $1,090 |
| 2 adults 2 children | $846 | $1,041 | $1,232 | $1,012 | $789 |
| 1 adult 2 children | $846 | $777 | $849 | $1,012 | $728 |
| 2 adults 1 child | $846 | $823 | $999 | $506 | $715 |
| 1 adult 1 child | $846 | $531 | $616 | $506 | $602 |
| 2 adults | $643 | $661 | $766 | $0 | $591 |
| 1 adult | $638 | $360 | $383 | $0 | $563 |
Safety trends & Data
Boundary County, Idaho has seen varied property crime rates over the last five years. Larceny-theft incidents dropped from 16 in 2018 to just 4 in 2022, while burglary fluctuated, peaking at 4 cases in 2021 before falling to 1 in 2022. Vandalism remained relatively steady, and motor vehicle thefts were low but consistent. These changes might reflect shifting crime patterns or local law enforcement effectiveness, critical for real estate agents, appraisers, and investors to... Read more
Property Crime Trends in Boundary County, ID Over the Last 5 Years
Boundary County, Idaho has seen a fluctuating trend in property crimes over the last five years, with notable categories including larceny-theft, burglary, and vandalism. Larceny-theft numbers started relatively high with 16 incidents in 2018 but observed a significant drop to 4 by 2022. Burglary incidents stayed low but fairly steady, peaking slightly in 2021 with 4 cases before falling to just 1 in 2022. Vandalism remained constant with minor variations, and motor vehicle thefts stayed low but present each year. This variability in crime rates could imply shifting patterns in criminal behavior or changes in local law enforcement effectiveness, essential information for stakeholders like real estate agents, appraisers, and potential investors.
Demographics
Boundary County, Idaho, shows a balanced gender split among adults, with males and females nearly equal in number. Educational attainment varies widely, with a significant portion of the population having completed high school or some college, though fewer possess bachelor's or higher degrees. Age-wise, the county is skewed towards older adults, with strong representation in the 55-74 age brackets. The racial makeup is predominantly White, with minimal representation from other racial groups,... Read more
Race Distribution in Boundary County, Idaho (2022)
Educational Attainment in Boundary County, Idaho (2022)
Age Distribution in Boundary County, Idaho
Citizen Population in Boundary County, Idaho (2022)
Political Trends & Data
Boundary County, Idaho, tends to overwhelmingly support Republican candidates, evident from the 78% vote share in the 2020 U.S. Presidential Election. Democratic candidates receive minimal backing, with just under 20% of the vote, and third-party candidates hardly make a mark with around 1%. These voting patterns could play a significant role in shaping the county's political dynamics and future election... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Boundary County, Idaho has historically shown a strong preference for Republican candidates, with 78% of votes leaning in that direction during the 2020 U.S. Presidential Election. In contrast, Democratic support is relatively minimal, capturing just under 20% of the vote. Libertarian and other third-party candidates barely register, with shares hovering around 1%. Such trends may have broader implications for the political landscape and future elections in this region.
78.20% of voters voted for the Republican party in the 2020 Presidential Election
19.33% of voters voted for the Democrat party in the 2020 Presidential Election
1.30% of voters voted for the Livertarian party in the 2020 Presidential Election
1.17% of voters voted for the Other party in the 2020 Presidential Election
School Data
Boundary County, Idaho has experienced a decline in student-to-teacher ratios from 19 in 2014 to around 17 by 2023, although it still remains above the national average of 14. This could suggest a need for increased educational infrastructure, potentially driving real estate growth. For potential residents, the quality of education might be a consideration due to these crowded classrooms. Such trends may also signal broader demographic changes that affect various stakeholders, from investors to... Read more
Student-to-teacher ratio in Boundary County, Idaho over the last 10 years
Boundary County, Idaho has seen its student-to-teacher ratio shift over the past decade, dropping from 19 in 2014 to roughly 17 by 2023. This ratio consistently stays above the national average of 14 students per teacher, suggesting that classrooms here may be more crowded. For potential investors and real estate professionals, this could imply potential growth and a need for additional educational infrastructure. For prospective residents, these trends might influence decisions based on the perceived quality of education. Moreover, insurance agents and appraisers could see these fluctuations as indicators of broader demographic shifts in the county.
