Caribou County Real Estate and Livability Trends
Caribou County, Idaho has seen a steady climb in home values from $126,600 in 2015 to $204,400 in 2022, making it more affordable compared to the state’s average of $331,600. Real estate taxes have also doubled, from $1,281.43 in 2012 to $2,587.50 in 2021, reflecting increased property values and tax rates. Investment property activity peaked in 2020 but has since waned, indicating shifting... Read more
Caribou County Market Trends
Caribou County, Idaho, has seen a sharp rise in home values, jumping from $126,600 in 2015 to $204,400 in 2022, yet remains below Idaho's average of $331,600, but closer to the national median. This pricing makes it an interesting option for those eyeing growth potential without the state’s high cost. Residential energy tax credits fluctuated, spiking to $1,500.00 in 2019 but averaging around... Read more
Median Value of Occupied Housing Units in Caribou County, Idaho Over the Last 8 Years
Over the last eight years, Caribou County, Idaho, has shown a sharp rise in median home values, jumping from $126,600 in 2015 to $204,400 in 2022. This growth, while impressive, still positions Caribou County's market below Idaho's state average of $331,600 for 2022, but closer to the national median of $179,400. For those considering investing or moving to Caribou County, the area could present an appealing option with potential for continued value growth, albeit at a more approachable price point compared to broader state trends.
Residential Energy Tax Credit Per Tax Return in Caribou County, ID Over the Last 8 Years
In Caribou County, Idaho, recent trends in residential energy tax credits indicate a significant fluctuation over the past eight years, with a notable spike to $1,500.00 in 2019 followed by a more stabilized range between $450.00 and $520.00 for 2020 and 2021. These fluctuations could potentially signal varying levels of investment in energy-efficient home improvements among residents and may offer insight into incentives for property values and energy cost savings. Real estate agents, appraisers, and investors might find this information particularly useful when evaluating market trends and the energy efficiency of properties within the county.
Average Real Estate Taxes Per Tax Return in Caribou County, ID Over the Last 10 Years
In Caribou County, Idaho, average real estate taxes per tax return have shown a noticeable upward trend over the past decade, starting from $1,281.43 in 2012 and peaking at $2,587.50 in 2021. This increase suggests that property values or tax rates—or both—have likely risen, which may influence the desirability for investors, potential homebuyers, and other stakeholders. The sharp increases in 2018 and 2019, with figures jumping to $1,821.05 and $2,325.00 respectively, could indicate significant economic or policy changes affecting real estate during that period.
Percentage of Farm Returns in Caribou County, ID Over the Last 10 Years
Farm tax returns in Caribou County, Idaho have fluctuated slightly over the last decade, generally hovering just under 10%. The percentage peaked in 2016 at approximately 10.25%, while the lowest point was in 2019 at about 8.81%. These figures suggest a relatively stable presence of farm income within the county, offering investors and property developers insights into the economic backbone of the area. This consistency could imply a steady demand for agricultural services and infrastructure, appealing to those considering rural investments or relocations tied to farming businesses.
Number of Mortgages by Occupancy Type in Caribou County, ID Over the Last 5 Years in Caribou County
Over the last five years in Caribou County, Idaho, there's been a noticeable fluctuation in the types of properties being mortgaged. Principal residences consistently dominate, suggesting sustained demand for primary living spaces. However, investment properties saw a peak in 2020 but later declined sharply, indicating potential shifts in investor confidence or profitability in the area. Second residences remain a small segment, hinting at limited seasonal or vacation home purchasing. For investors and real estate agents, understanding these dynamics can be critical for market predictions and strategy, while appraisers and insurance agents may need to adjust their approaches based on these occupancy trends.
Economic Outlook
Caribou County, Idaho has experienced varying average taxable incomes over the past nine years, peaking at $63,204.97 in 2021. The state and local income taxes have also risen from $5,560.00 in 2012 to $8,006.67 in 2021, suggesting improved public funding and economic growth. However, fluctuations in total tax liability, notably peaking in 2016 and 2021, may reflect economic shifts or policy changes, indicating that prospective investors or residents should evaluate these dynamics... Read more
Average Taxable Income per Tax Return in Caribou County, ID over the last 9 years
Caribou County, Idaho has seen fluctuating average taxable incomes over the past nine years, with a notable peak in 2021 at $63,204.97. The income levels dipped slightly in years like 2017 but generally show an upward trend, suggesting potential growth and economic development. This could imply a progressively strong economic environment, making it an attractive spot for investment or moving to. However, the variability also hints at underlying economic shifts or challenges that potential residents or investors might want to investigate further.
Average State and Local Income Taxes Per Tax Return in Caribou County, ID Over the Last 10 Years
Over the past decade, Caribou County in Idaho has seen a notable increase in average state and local income taxes per tax return, rising from $5,560.00 in 2012 to $8,006.67 in 2021. This upward trend, especially significant post-2017, can signal a strengthening local economy or increasing income levels. For investors, property builders, and prospective residents, the escalating tax obligations also indicate a possible uptick in public funding for infrastructure and services, enhancing the county's overall appeal and growth potential.
Average Total Tax Liability Per Tax Return in Caribou County, ID Over the Last 10 Years
Caribou County, Idaho has seen fluctuations in the average total tax liability per tax return over the past decade. The notable peaks in 2016 at approximately $7,518.66 and 2021 at around $8,428.45 suggest varying economic or policy influences. Particularly, the sharp rise in 2021 could hint at recent income growth or tax policy changes. Those interested in investments or living in the area might find it useful to dig deeper into what drives these variations, as they could impact overall cost of living and economic stability.
Cost of Living in Caribou County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,155 | $1,556 | $1,700 | $1,054 | $1,208 |
1 adult 4 children | $1,155 | $1,271 | $1,317 | $1,054 | $1,345 |
2 adults 3 children | $1,155 | $1,271 | $1,467 | $1,054 | $962 |
1 adult 3 children | $1,155 | $1,038 | $1,083 | $1,054 | $1,071 |
2 adults 2 children | $837 | $1,041 | $1,233 | $914 | $795 |
1 adult 2 children | $837 | $777 | $850 | $914 | $763 |
2 adults 1 child | $837 | $823 | $1,000 | $458 | $755 |
1 adult 1 child | $837 | $531 | $617 | $458 | $638 |
2 adults | $636 | $661 | $767 | $0 | $640 |
1 adult | $632 | $360 | $383 | $0 | $584 |
Safety trends & Data
Caribou County, Idaho has seen fluctuating property crime trends over the last five years, with larceny-theft consistently leading the statistics. Incidents peaked at 11.00 in 2019 and hovered in the 8.00-10.00 range in other years. Burglary has been relatively stable, between 2.00 and 3.00 incidents, except for a drop to 1.00 in 2021. Vandalism peaked at 7.00 in both 2018 and 2022, while fraud incidents were highest in 2018 at 5.00. These insights could be pivotal for assessing security needs... Read more
Property Crime Trends in Caribou County, ID Over the Last 5 Years
Caribou County, Idaho has shown some fluctuating trends in property crime over the last five years. Larceny-theft consistently leads the statistics, with incidents peaking at 11.00 in 2019 and hovering around 8.00-10.00 in other years. Burglary incidents have remained relatively stable, oscillating between 2.00 and 3.00, except for a drop to 1.00 in 2021. Notably, Vandalism and Fraud incidents also displayed variability, with Vandalism peaking at 7.00 in 2018 and 2022, while Fraud incidents were highest in 2018 at 5.00. Buyers, investors, and real estate professionals might find these insights useful for assessing security needs and property values.
Demographics
Caribou County, Idaho, has a balanced adult population, with males and females almost equally represented. The educational attainment reveals a strong emphasis on high school education and some college, but there is a relatively small number of individuals holding graduate or professional degrees. The age distribution suggests a sizable youth population under 10 years as well as a noticeable senior group, with significant counts in the 35-44 and 55-64 age brackets. Racially, the county appears... Read more
Race Distribution in Caribou County, Idaho (2022)
Educational Attainment in Caribou County, Idaho (2022)
Age Distribution in Caribou County, Idaho
Citizen Population in Caribou County, Idaho (2022)
Political Trends & Data
Caribou County in Idaho leaned heavily Republican in the 2020 U.S. Presidential Election, with an estimated 85% of the votes favoring the Republican candidate. Support for the Democratic candidate was significantly lower, hovering around 12%, while third-party votes just crossed the 2% mark. This political landscape suggests a strong conservative bent in the county, likely shaping local policy and campaign efforts moving... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Caribou County in Idaho showed a dominant preference towards the Republican candidate in the 2020 U.S. Presidential Election, with likely over 85% of the votes. Democratic support appears comparatively minimal, barely surpassing 12%, while third-party candidates collectively garnered just above 2%. This distribution may reflect the county's broader political alignment and could influence future policy discussions and campaign strategies.
85.07% of voters voted for the Republican party in the 2020 Presidential Election
12.62% of voters voted for the Democrat party in the 2020 Presidential Election
1.20% of voters voted for the Livertarian party in the 2020 Presidential Election
1.11% of voters voted for the Other party in the 2020 Presidential Election
School Data
Caribou County, Idaho has seen a significant improvement in its student-to-teacher ratio over the past decade, peaking at around 16 in 2020 and declining to 13 by 2023. This shift towards smaller class sizes suggests potential enhancements in educational quality, which could be a draw for families, investors, and real estate agents. Improved educational statistics might also increase property values and neighborhood appeal, while appraisers and insurance agents could see this as a sign of... Read more
Student-to-teacher ratio in Caribou County, Idaho over the last 10 years
Over the past decade, Caribou County, Idaho has seen fluctuations in its student-to-teacher ratio, peaking at around 16 in 2020 before gradually declining to 13 in 2023. This trend indicates a generally positive shift towards smaller class sizes, compared to the national average, which hovers around 14 students per teacher. For potential investors, real estate agents, and families considering a move, the improving student-to-teacher ratio might suggest enhanced educational quality, potentially increasing property values and community appeal. Appraisers and insurance agents might also take note, as educational statistics can influence both market desirability and perceived neighborhood stability.