Kootenai County Real Estate and Livability Trends
Kootenai County, Idaho, has seen its median home values jump from $185,700 in 2015 to $407,000 in 2022, outstripping both state and national growth rates and signaling strong local demand. The average taxable income nearly doubled from $50,230.59 in 2013 to $92,570.41 in 2021, pointing to a robust economy, though higher incomes come with increased tax burdens. The county's student-to-teacher... Read more
Kootenai County Market Trends
Kootenai County's median home values rocketed from $185,700 in 2015 to $407,000 in 2022, significantly outpacing Idaho's and the U.S.' growth rates, hinting at strong local demand and potential investment allure. The average residential energy tax credit peaking at $2,328.57 in 2018 suggests a wave of energy-efficient home upgrades, while steady increases in real estate taxes per return,... Read more
Median Value of Occupied Housing Units in Kootenai County, Idaho Over the Last 8 Years
Kootenai County's median home values have surged from $185,700 in 2015 to $407,000 in 2022, indicating a steep increase. Compared to Idaho's overall growth from $162,900 to $331,600 and the U.S. climb from $125,500 to $179,400 during the same period, Kootenai County's rise outpaces both state and national trends. This rapid growth may suggest robust local demand and potential investment opportunities, making it a hotspot amid Idaho's expanding housing market.
Residential Energy Tax Credit Per Tax Return in Kootenai County, ID Over the Last 9 Years
In Kootenai County, Idaho, there has been notable volatility in the average residential energy tax credit per tax return over the past nine years. This fluctuation reached its peak in 2018 with an average of approximately $2,328.57, which could suggest a significant uptick in energy-efficient home improvements or installations that year. Subsequent years saw a decline but remained relatively high compared to earlier years, with 2021 standing at $770.00. This trend may attract investors and homeowners interested in energy-efficient upgrades, as these changes seem to correlate with higher average tax credits. For appraisers and insurance agents, these patterns can inform assessments of property improvements related to energy efficiency.
Average Real Estate Taxes Per Tax Return in Kootenai County, ID Over the Last 10 Years
Over the past decade, Kootenai County, Idaho has seen a steady increase in average real estate taxes per tax return, with a particularly sharp rise starting in 2017. Starting from $2,281.76 in 2012, the taxes per return have climbed to $4,485.26 by 2021. Notably, the jump between 2017 and 2018 saw a dramatic increase from $2,995.45 to $4,093.45. This trend suggests a growing demand and rising property values, which could be both an opportunity and a challenge for investors, real estate agents, and potential homebuyers. Insurance agents and appraisers may also find this data useful for understanding local economic dynamics and adjusting their strategies accordingly.
Percentage of Farm Returns in Kootenai County, ID Over the Last 10 Years
Over the last decade, Kootenai County, Idaho has seen a gentle decline in the percentage of farm tax returns, decreasing from around 1.17% in 2012 to roughly 0.85% in 2021. Farm tax returns typically reflect the economic activity specific to agricultural operations within the county. This decline could suggest a shifting local economy, possibly trending away from agriculture toward other sectors, which might interest investors or potential residents looking at job market dynamics and land use trends.
Number of Mortgages by Occupancy Type in Kootenai County, ID Over the Last 5 Years in Kootenai County
Kootenai County, Idaho, has seen fluctuations in the number of mortgages over the last five years, with a notable spike in principal residence mortgages peaking in 2020. Investment property mortgages have shown a moderate decline, while second residence mortgages have remained relatively stable but low. These changes in occupancy type hint at varying market demands and could impact future property values and investment opportunities. For potential investors, the shrinking interest in investment properties might signify a buyers' market, while steady demand for principal residences underscores robust local housing needs. Insurance agents and appraisers should consider these trends as they reflect the county's evolving real estate landscape.
Economic Outlook
Kootenai County, Idaho has seen average taxable income nearly double from $50,230.59 in 2013 to $92,570.41 in 2021, hinting at a robust and expanding economy. This growing financial landscape is underscored by rising state and local income taxes, which increased from $6,166.99 in 2012 to $14,144.43 in 2021, possibly pointing to higher incomes but also higher tax burdens. The average total tax liability also climbed from $7,500.04 in 2012 to $16,192.05 in 2021, suggesting changing tax structures... Read more
Average Taxable Income per Tax Return in Kootenai County, ID over the last 9 years
Kootenai County, Idaho has witnessed a notable uptick in average taxable income over the past nine years, with the number rising from around $50,230.59 in 2013 to approximately $92,570.41 in 2021. This nearly doubling income suggests a growing economic vitality, which might be attractive to potential investors and developers considering this region. The consistent year-over-year increase highlights the county’s potential for those looking to build or purchase property, hinting at a thriving local economy and possibly rising property values. Living in Kootenai County could mean tapping into a robust and expanding financial landscape.
Average State and Local Income Taxes Per Tax Return in Kootenai County, ID Over the Last 10 Years
Kootenai County, Idaho has seen a significant rise in average state and local income taxes per tax return over the past decade, with amounts climbing from around $6,166.99 in 2012 to $14,144.43 in 2021. This steady increase, particularly notable after 2017, where taxes jumped from $7,807.61 to $9,983.06 in just a year, highlights a rapid change in the economic landscape. For investors and potential residents, this trend indicates rising incomes and possibly an expanding local economy, but it also suggests higher tax burdens to consider in financial planning.
Average Total Tax Liability Per Tax Return in Kootenai County, ID Over the Last 10 Years
Over the past decade, Kootenai County, Idaho has experienced a significant uptick in average total tax liability per tax return, with figures rising from approximately $7,500.04 in 2012 to around $16,192.05 in 2021. This steady incline, especially sharp post-2019, may point to rising income levels or changing tax structures in the area. Prospective investors, homeowners, and residents should take note of this trend as it could impact financial planning and economic forecasts for the county.
Cost of Living in Kootenai County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,745 | $1,661 | $1,713 | $1,277 | $1,497 |
| 1 adult 4 children | $1,745 | $1,356 | $1,322 | $1,277 | $1,649 |
| 2 adults 3 children | $1,745 | $1,357 | $1,480 | $1,277 | $1,233 |
| 1 adult 3 children | $1,745 | $1,108 | $1,089 | $1,277 | $1,374 |
| 2 adults 2 children | $1,228 | $1,111 | $1,247 | $1,114 | $918 |
| 1 adult 2 children | $1,228 | $830 | $857 | $1,114 | $891 |
| 2 adults 1 child | $1,228 | $878 | $1,015 | $582 | $839 |
| 1 adult 1 child | $1,228 | $567 | $624 | $582 | $719 |
| 2 adults | $1,007 | $705 | $782 | $0 | $690 |
| 1 adult | $838 | $385 | $391 | $0 | $601 |
Safety trends & Data
In Kootenai County, Idaho, larceny-theft has been a consistent concern, reaching a high of 594.00 incidents in 2018 but dipping to 317.00 in 2022. Burglary rates have taken a notable downturn, from 105.00 in 2018 to 61.00 in 2022, while vandalism figures remain steady around the mid-60s. Despite low but persistent occurrences of motor vehicle thefts, arson, and embezzlement, these trends may impact real estate values, insurance costs, and community investments, suggesting a potential... Read more
Property Crime Trends in Kootenai County, ID Over the Last 5 Years
Over the last five years, Kootenai County, Idaho has seen notable fluctuations in various property crimes, impacting all stakeholders from potential investors to existing residents. While larceny-theft remains consistently high, peaking at 594.0 incidents in 2018 and slightly lowering to 317.0 in 2022, burglary incidents have shown a significant decrease, dropping from 105.0 in 2018 to 61.0 in 2022. Vandalism figures, although fluctuating, hovered around the mid-60s, indicating a somewhat consistent concern. Motor vehicle thefts, arson, and embezzlement have remained relatively low but still present enough frequency to warrant attention. These trends suggest a general decline or stabilization in some property crimes, which could influence real estate valuations, insurance premiums, and community investments.
Demographics
Kootenai County, Idaho exhibits interesting demographic trends, revealing a slightly higher number of females (67,226) compared to males (65,654). The area presents a diverse age distribution, with particularly significant populations in the 35 to 44 years (22,337) and 55 to 64 years (23,328) brackets. Educational attainment is led by those with some college but no degree (34,583), followed closely by high school graduates at 32,920. In terms of race, the county is predominantly White... Read more
Race Distribution in Kootenai County, Idaho (2022)
Educational Attainment in Kootenai County, Idaho (2022)
Age Distribution in Kootenai County, Idaho
Citizen Population in Kootenai County, Idaho (2022)
Political Trends & Data
Kootenai County, Idaho, exhibits a strong Republican lean with the 2020 U.S. Presidential Election showing about 70% of votes for the Republican candidate. Democratic support was around 27%, and third parties barely made a dent, with Libertarians at just under 2%. This may hint at a predominantly conservative voter base, which could play a role in shaping local policies, community investments, and perhaps even influence migration patterns and real estate trends in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Kootenai County, Idaho, the 2020 U.S. Presidential Election results appear to show a significant lean towards the Republican candidate, with roughly 70% of the votes. Democrats garnered approximately 27%, while third-party candidates seem to have minimal impact, with Libertarians receiving just under 2% and others collectively around 1%. This data may suggest a strong Republican presence and potentially low voter base for alternative parties in this region.
70.23% of voters voted for the Republican party in the 2020 Presidential Election
27.17% 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
0.81% of voters voted for the Other party in the 2020 Presidential Election
School Data
Kootenai County, Idaho has seen a decline in its student-to-teacher ratio from 24 in 2014 to just under 18 in 2023, approaching the national average of 14. This could imply better individual attention for students and may enhance the area's appeal for potential home buyers. Real estate investors, agents, appraisers, and insurance agents might find this trend noteworthy, as it could signal growth in quality services and impact property values and... Read more
Student-to-teacher ratio in Kootenai County, Idaho over the last 10 years
Kootenai County, Idaho has seen a consistent decline in its student-to-teacher ratio over the past decade, dropping from a high of 24 students per teacher in 2014 to just under 18 in 2023. This improvement brings the area closer to the national average of 14 students per teacher, potentially indicating a healthier educational environment. For families considering a move, this trend could suggest better individual attention for students. Real estate investors and agents might find this appealing as a factor that increases the county's attractiveness for potential home buyers. Appraisers and insurance agents might also see this as a sign of the area’s growth in quality services, possibly affecting property values and premiums.
