Minidoka County Real Estate and Livability Trends
Minidoka County, Idaho's real estate scene is showing notable growth, with median home values jumping from $111,000 in 2015 to $198,400 in 2022. This outpaces national averages but still lags behind state trends. Rising property values are echoed in real estate taxes, which peaked at $2,751.85 in 2020. Meanwhile, a steady drop in farm tax returns and a rise in Principal and Investment Property... Read more
Minidoka County Market Trends
Minidoka County, Idaho's housing market has experienced considerable growth, with median home values climbing from $111,000 in 2015 to $198,400 in 2022, keeping a pace ahead of national averages but still trailing state trends. Real estate taxes follow suit with an upsurge, peaking at $2,751.85 in 2020, possibly reflecting rising property values. Meanwhile, residential energy tax credits reveal a... Read more
Median Value of Occupied Housing Units in Minidoka County, Idaho Over the Last 8 Years
Minidoka County, Idaho's median home values have shown a steady upward trend over the last eight years, jumping from $111,000 in 2015 to $198,400 in 2022. This growth is more pronounced compared to the national median, which rose from $125,500 to $179,400 during the same period. However, the county's values continue to lag significantly behind the broader Idaho trends, where median values surged from $162,900 in 2015 to a substantial $331,600 in 2022. This could indicate potential investment opportunities in Minidoka County for those who are looking to get in before values align more closely with state averages.
Residential Energy Tax Credit Per Tax Return in Minidoka County, ID Over the Last 8 Years
Minidoka County, Idaho has seen significant fluctuations in residential energy tax credits per tax return over the past eight years. After 2017's dip to approximately $360.00, there was a substantial spike to $1,000.00 in 2019, indicating potential increases in residential energy efficiency investments or policy changes. Although the amount decreased to $525.00 in 2020, it again rose to $860.00 in 2021. These trends could suggest dynamic changes in energy credit policies or local energy-efficiency initiatives, making the county an area of interest for investors, homeowners, and real estate professionals focused on sustainable living and green incentives.
Average Real Estate Taxes Per Tax Return in Minidoka County, ID Over the Last 10 Years
Real estate taxes in Minidoka County, Idaho have seen a notable increase over the last decade, with a sharp spike from 2017 to 2018 where the average escalated from $1,634.71 to $2,263.33. This surge continued, peaking at approximately $2,751.85 in 2020 before slightly adjusting to $2,735.71 in 2021. These trends could suggest rising property values or increased tax rates, making it a critical consideration for potential investors, homeowners, appraisers, and insurance agents assessing risk and value in the area.
Percentage of Farm Returns in Minidoka County, ID Over the Last 10 Years
Over the past 10 years, Minidoka County in Idaho saw a gradual decline in the percentage of farm tax returns, from around 6.06% in 2012 to roughly 4.48% in 2021. Farm tax returns indicate the portion of tax filings originating from agricultural activities, providing insights into the economic health of the farming sector locally. This trend could suggest shifting economic dynamics or changes in the agricultural sector's contribution to the county's overall economy, affecting decisions on investments, property development, and long-term residency plans.
Number of Mortgages by Occupancy Type in Minidoka County, ID Over the Last 5 Years in Minidoka County
In Minidoka County, Idaho, there has been a noticeable increase in the number of Principal Residence mortgages over the last five years, peaking in 2021 before slightly dipping in 2022. Investment Property mortgages have also seen an upward trend, reflecting rising interest in real estate investment. The Second Residence category remains consistently low, indicating it's a niche market. This shift in mortgage types could signal changing demographics and evolving housing needs, which are crucial for investors, developers, real estate agents, and insurance agents to understand when assessing market potential, property values, and risk management. Such changes often mirror broader economic and population trends, making them pivotal for anyone involved in the housing sector.
Economic Outlook
Minidoka County, Idaho's average taxable income per tax return has surged from $43,389.51 in 2013 to $59,739.09 in 2021, especially between 2018 and 2021. This could signal economic growth or rising earnings among residents. Correspondingly, average state and local income taxes have risen from $6,388.43 in 2012 to $10,565.63 in 2021, suggesting increased local economic activity. The average total tax liability per return peaked at $7,557.53 in 2021 but had a notable dip to $5,603.51 in 2018,... Read more
Average Taxable Income per Tax Return in Minidoka County, ID over the last 9 years
Minidoka County, Idaho has experienced a notable upward trend in average taxable income per tax return over the past nine years, rising from around $43,389.51 in 2013 to approximately $59,739.09 in 2021. The most substantial increases appear in recent years, particularly between 2018 and 2021, indicating potential economic growth or increased earnings among residents. Investors, prospective homebuyers, and developers might find this trend indicative of a strengthening local economy, which could suggest more favorable conditions for investments and higher demand for real estate development.
Average State and Local Income Taxes Per Tax Return in Minidoka County, ID Over the Last 10 Years
Minidoka County, Idaho has seen a dramatic increase in average state and local income taxes per tax return over the past decade, jumping from $6,388.43 in 2012 to $10,565.63 in 2021. This upward trend, notably spiking from 2018 onward, highlights both rising local economic activity and potentially higher income levels. For investors and future residents, this signals a robust, growing financial environment. Higher taxes often correlate with better public services and infrastructure, which can be appealing for long-term property investment and community planning.
Average Total Tax Liability Per Tax Return in Minidoka County, ID Over the Last 10 Years
The average total tax liability per tax return in Minidoka County, Idaho has shown some interesting fluctuations over the past decade. While the figure peaked at approximately $7,557.53 in 2021, it had dipped to about $5,603.51 in 2018. Investors and potential residents might find these shifts intriguing as they could reflect economic changes or policy shifts in the region. With figures oscillating between $5,995.23 and $7,557.53, understanding the underlying factors could offer valuable insight into the county's fiscal landscape.
Cost of Living in Minidoka County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,181 | $1,291 | $1,771 | $1,054 | $1,000 |
| 1 adult 4 children | $1,181 | $1,054 | $1,371 | $1,054 | $1,117 |
| 2 adults 3 children | $1,181 | $1,055 | $1,528 | $1,054 | $794 |
| 1 adult 3 children | $1,181 | $861 | $1,128 | $1,054 | $874 |
| 2 adults 2 children | $831 | $863 | $1,285 | $914 | $660 |
| 1 adult 2 children | $831 | $645 | $885 | $914 | $585 |
| 2 adults 1 child | $831 | $682 | $1,042 | $458 | $622 |
| 1 adult 1 child | $831 | $441 | $642 | $458 | $530 |
| 2 adults | $691 | $548 | $799 | $0 | $555 |
| 1 adult | $632 | $299 | $400 | $0 | $535 |
Safety trends & Data
Minidoka County, Idaho has experienced varying trends in property crime over the past five years. Larceny-theft remains the most prevalent, peaking at 25 incidents in 2022. Burglary cases showed a significant drop, falling to just one in 2022 from 12 in 2020. However, vandalism incidents surged to 15 in 2022. This mixed landscape offers a nuanced view for potential investors and residents, indicating a decline in some crimes but a rise in... Read more
Property Crime Trends in Minidoka County, ID Over the Last 5 Years
Over the last five years, Minidoka County, Idaho has seen fluctuating trends in property crimes. Larceny-theft consistently recorded the highest numbers, peaking in 2022 with 25 incidents. Meanwhile, burglary figures varied, showing a notable decrease in 2022 with only one reported case compared to 12 in 2020. Notably, vandalism cases spiked to 15 in 2022, showing a substantial increase from previous years. These patterns suggest that while certain types of property crime may be decreasing, others are on the rise, providing a mixed bag for potential investors, property developers, and current residents to consider.
Demographics
Minidoka County, Idaho, shows a relatively balanced gender distribution with nearly equal numbers of men and women. The educational attainment reveals that a significant segment of the population attains only a high school diploma, while fewer proceed to higher education levels. Young families might be a driving force in the area, as there are notable populations of children under 10 and adults in the 25-44 age range. Racially, the county is predominantly White, with small but present... Read more
Race Distribution in Minidoka County, Idaho (2022)
Educational Attainment in Minidoka County, Idaho (2022)
Age Distribution in Minidoka County, Idaho
Citizen Population in Minidoka County, Idaho (2022)
Political Trends & Data
Minidoka County, Idaho appears to lean heavily Republican, with nearly 78% of votes potentially favoring the Republican candidate in the 2020 Presidential Election, compared to just 19% for the Democratic candidate. Third-party candidates, including Libertarians and others, captured an even smaller share. This trend might suggest a strong conservative presence in the area, which could influence local real estate preferences and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Minidoka County in Idaho appears to lean heavily Republican, with nearly 78% of the votes possibly going to the Republican candidate in the 2020 Presidential Election. The Democratic candidate likely secured around 19%, while third-party candidates, including Libertarians and others, captured a much smaller fraction of the vote. This trend might suggest a strong conservative presence in the area.
78.38% of voters voted for the Republican party in the 2020 Presidential Election
19.39% of voters voted for the Democrat party in the 2020 Presidential Election
1.09% 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
Minidoka County, Idaho has seen a drop in its student-to-teacher ratio from 20 in 2014 to under 15 by 2023, aligning closer to the national average of 14. This shift may suggest an improvement in educational quality, which could enhance property values and attract potential buyers. Real estate professionals should consider this trend as it might influence marketability and appraised values. Lower ratios often reflect better community resources and school funding, potentially making the area... Read more
Student-to-teacher ratio in Minidoka County, Idaho over the last 10 years
Minidoka County, Idaho has seen its student-to-teacher ratio fluctuate over the past decade, with a noticeable decline from a peak of 20 students per teacher in 2014 to under 15 by 2023. This is now closer to the national average of 14 students per teacher. For those looking to invest in or move to the area, a lower student-to-teacher ratio can signal a more favorable educational environment, which could, in turn, enhance property values and appeal to prospective residents. Real estate agents and appraisers should note this shift as it might affect marketability and appraised values of properties. Lower ratios can also impact decisions for building new properties and insurance considerations, as they often reflect positively on community resources and school funding.
