Jefferson County Real Estate and Livability Trends
Jefferson County, Idaho has shown consistent economic growth with average taxable income per tax return climbing from $49,463.95 in 2013 to $72,358.99 in 2021, potentially attracting new investments. Home values jumped from $156,000 in 2015 to $284,700 in 2022, while energy tax credits spiked, reflecting energy-efficient improvements likely boosting property values. Farm tax returns dropped,... Read more
Jefferson County Market Trends
Jefferson County, Idaho, showcases a robust rise in median home values from $156,000 in 2015 to $284,700 in 2022. Despite lagging behind Idaho's statewide growth, this trend implies steady appreciation. Residential energy tax credits increased significantly, peaking at $3,630.00 in 2018, reflecting a surge in energy-efficient home improvements that could bolster property values. Real estate taxes... Read more
Median Value of Occupied Housing Units in Jefferson County, Idaho Over the Last 8 Years
Jefferson County, Idaho has experienced a substantial increase in median home values over the past eight years, with a rise from $156,000 in 2015 to $284,700 in 2022. This trajectory is robust when compared to national figures, which climbed from $125,500 to $179,400 over the same period. While the entire state of Idaho also saw impressive gains, moving from $162,900 in 2015 to $331,600 in 2022, Jefferson County’s growth, though slightly more moderate, highlights a trend of steady appreciation. For potential investors or new residents, understanding these local real estate trends is key to making informed decisions in a rapidly evolving market.
Residential Energy Tax Credit Per Tax Return in Jefferson County, ID Over the Last 9 Years
Jefferson County, Idaho has observed a significant increase in residential energy tax credits per tax return over the past nine years. Starting at $273.68 in 2013, the average credit saw a notable jump, reaching $3,630.00 by 2018, before experiencing a slight dip and then stabilizing around $2,200.00 from 2020 onwards. These trends suggest a growing investment in energy-efficient home improvements, which could impact property values, investment opportunities, and the attractiveness of the area for new residents looking for long-term energy savings. This data is relevant for anyone involved in real estate, appraisal, or property development, indicating an increasing prioritization of sustainable living solutions.
Average Real Estate Taxes Per Tax Return in Jefferson County, ID Over the Last 10 Years
Jefferson County, Idaho has seen a notable increase in average real estate taxes per tax return over the past decade. From 2012's $1,536.16 to 2021's $2,748.15, the data suggests a rising trend with a significant spike beginning around 2018. Such a trend might indicate heightened property values or changes in tax assessments, positioning the county as a potentially evolving market. This data is crucial for potential investors, real estate agents, and current or future property owners for understanding the growing fiscal landscape.
Percentage of Farm Returns in Jefferson County, ID Over the Last 10 Years
Jefferson County, Idaho, has seen a general decline in the percentage of farm tax returns over the past decade. Starting at around 8.29% in 2012, the percentage has gradually decreased to 5.92% by 2021. Farm tax returns provide a snapshot of agricultural activity and economic health in the region, reflecting how many farmers are filing taxes on their earnings. This declining trend could be indicative of a shift away from farming, possibly due to urbanization, economic challenges, or changing land use patterns. For potential investors or those looking to build property, this could mean fewer agricultural opportunities but possibly more development opportunities in other sectors.
Number of Mortgages by Occupancy Type in Jefferson County, ID Over the Last 5 Years in Jefferson County
The number of mortgages for principal residences in Jefferson County, Idaho, showed a notable increase from 2018 to 2021, peaking at 3,145 in 2021, before a substantial drop to 1,883 in 2022. In contrast, mortgages for investment properties and second residences remained relatively low but fairly stable, with minor fluctuations. These changes in occupancy type can impact local housing markets, as a surge in principal residence mortgages might indicate a growing demand for owner-occupied housing, influencing property values and market competition. At the same time, relatively stable investment property mortgages suggest a steady interest in rental markets, which can attract investors looking for income-generating properties. For those considering moving to or investing in Jefferson County, understanding these trends can provide insights into housing demand and potential returns on investment.
Economic Outlook
Jefferson County, Idaho has experienced a consistent rise in average taxable income per tax return, climbing from $49,463.95 in 2013 to $72,358.99 in 2021. This suggests economic growth and increasing prosperity, which may attract new investments and residents. Simultaneously, average state and local income taxes per tax return surged from $4,530.07 in 2012 to $12,115.09 by 2021, reflecting potential fiscal policy changes or economic developments. The steady increase in total tax liability per... Read more
Average Taxable Income per Tax Return in Jefferson County, ID over the last 9 years
Over the past nine years, Jefferson County, Idaho has seen a fluctuating but generally upward trend in average taxable income per tax return, rising from approximately $49,463.95 in 2013 to roughly $72,358.99 in 2021. Noteworthy increases occurred post-2016, peaking sharply in recent years. This rising trend in taxable income could be indicative of economic growth and increasing prosperity in the county, potentially making it an attractive area for investment and new residents.
Average State and Local Income Taxes Per Tax Return in Jefferson County, ID Over the Last 10 Years
In Jefferson County, Idaho, there's been a notable upward trend in average state and local income taxes per tax return over the past decade. From $4,530.07 in 2012, figures have surged significantly, reaching $12,115.09 by 2021. The most dramatic increases occurred between 2017 and 2018 and again from 2020 to 2021. This rise might indicate broader fiscal policy changes or economic growth, which could impact residents and potential investors considering the locality's growing tax landscape.
Average Total Tax Liability Per Tax Return in Jefferson County, ID Over the Last 10 Years
Jefferson County, Idaho has seen a noticeable rise in average total tax liability per tax return over the past decade. Starting at $6,305.37 in 2012, the liability has generally trended upward, hitting $10,094.88 in 2021. This consistent increase potentially reflects broader economic growth and changing income levels in the area. Such a trend makes Jefferson County an interesting case for investors and potential residents keeping an eye on financial health and public service funding.
Cost of Living in Jefferson County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,388 | $1,500 | $1,805 | $1,099 | $1,301 |
1 adult 4 children | $1,388 | $1,225 | $1,393 | $1,099 | $1,447 |
2 adults 3 children | $1,388 | $1,225 | $1,560 | $1,099 | $1,055 |
1 adult 3 children | $1,388 | $1,000 | $1,148 | $1,099 | $1,176 |
2 adults 2 children | $977 | $1,003 | $1,314 | $957 | $835 |
1 adult 2 children | $977 | $749 | $902 | $957 | $814 |
2 adults 1 child | $977 | $793 | $1,069 | $496 | $797 |
1 adult 1 child | $977 | $512 | $657 | $496 | $665 |
2 adults | $794 | $637 | $824 | $0 | $667 |
1 adult | $669 | $347 | $412 | $0 | $595 |
Safety trends & Data
Property crime trends in Jefferson County, Idaho, reveal some notable fluctuations that might be of interest to potential homebuyers and investors. In 2019 and 2022, burglary incidents saw spikes, reaching up to 14 occurrences, while larceny-theft peaked at 29 cases in 2018 before dropping off. Motor vehicle theft remained relatively low, staying under 4 cases annually. The relative stability in vandalism and fraud might suggest a degree of consistency. These trends could potentially impact... Read more
Property Crime Trends in Jefferson County, ID Over the Last 5 Years
Property crime trends in Jefferson County, Idaho show notable fluctuations over the last five years. Burglary incidents spiked in 2019 and 2022, reaching up to 14.00 occurrences. Larceny-theft saw a significant rise and fall, peaking at 29.00 cases in 2018 but dropping off in subsequent years. Interestingly, instances of motor vehicle theft remained relatively low, never exceeding 4.00 annual cases. Vandalism and fraud incidents appear to hover around low to moderate levels, suggesting some consistency in these areas. These trends might influence property values and insurance premiums, and could be a consideration for potential investors and residents contemplating a move to the county.
Demographics
Jefferson County, Idaho, sees a near-balanced gender split within its adult population, skewing slightly male. Educational attainment skews heavily towards high school graduates and those with some college education, though there's also a significant population with bachelor's degrees. Age distribution reveals a notably younger demographic, with a substantial portion of residents under 35 years old, which can have implications for community services and educational infrastructure. The racial... Read more
Race Distribution in Jefferson County, Idaho (2022)
Educational Attainment in Jefferson County, Idaho (2022)
Age Distribution in Jefferson County, Idaho
Citizen Population in Jefferson County, Idaho (2022)
Political Trends & Data
Jefferson County, Idaho, displayed a noticeable Republican dominance in the 2020 U.S. Presidential Election, with the GOP capturing around 85% of the vote, far outpacing Democrats at approximately 12%, and Libertarians at close to 2%. Other parties, including the Green Party, collectively managed about 1%, highlighting a significant conservative stronghold in this county's political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jefferson County in Idaho displayed a significant leaning towards the Republican Party, which seemed to capture around 85% of the vote in the 2020 U.S. Presidential Election. Democrats garnered approximately 12%, placing them far behind, while Libertarians managed close to 2%. Other parties, including the Green Party, seemed to play a negligible role, jointly capturing about 1%. This data potentially underscores a strong Republican presence and influence in this county's political landscape.
85.37% of voters voted for the Republican party in the 2020 Presidential Election
11.72% of voters voted for the Democrat party in the 2020 Presidential Election
1.78% of voters voted for the Livertarian party in the 2020 Presidential Election
1.14% of voters voted for the Other party in the 2020 Presidential Election
School Data
Jefferson County, Idaho's student-to-teacher ratio peaked at 23 students per teacher in 2021 and dipped to around 17 in 2023, consistently exceeding the national average of 14. This could point to potential concerns about educational quality and personalized attention. For real estate agents, investors, and potential relocators, this trend might impact decision-making, especially when prioritizing educational quality. These factors could also be relevant for appraisers and insurance agents when... Read more
Student-to-teacher ratio in Jefferson County, Idaho over the last 10 years
Jefferson County, Idaho has seen fluctuations in its student-to-teacher ratio over the past decade, peaking at 23 students per teacher in 2021 and dipping to its lowest at around 17 in 2023. This ratio consistently surpasses the national average of 14 students per teacher, which might suggest potential impacts on the quality of education. For investors, real estate agents, and those considering relocation, these higher ratios could influence decisions, particularly if educational quality and personalized attention are priorities. Appraisers and insurance agents may also find these trends relevant when evaluating property values and assessing risk associated with schools in the area.