Nez Perce County Real Estate and Livability Trends
In Nez Perce County, Idaho, median home values soared from $167,900 in 2015 to $259,600 in 2022, outpacing state and national averages, presenting prime investment opportunities. Importantly, average taxable income per tax return rose from $49,734.73 in 2013 to $70,278.94 in 2021, hinting at economic growth and improved earning potential. Property crime rates have fluctuated, but notable declines... Read more
Nez Perce County Market Trends
Nez Perce County, Idaho, has seen median home values jump from $167,900 in 2015 to $259,600 in 2022, a rate outpacing both state and national averages. This rapid growth suggests timely opportunities for investment or property development. The average residential energy tax credit per tax return peaked at $715.00 in 2021, signaling increased homeowner interest in energy-efficient improvements.... Read more
Median Value of Occupied Housing Units in Nez Perce County, Idaho Over the Last 8 Years
In Nez Perce County, Idaho, median home values have experienced substantial growth over the past eight years, climbing from $167,900 in 2015 to $259,600 in 2022. This rate of increase outpaces both state and national averages, with Idaho's median home values rising to $331,600 and national figures reaching $179,400 by 2022. This trend suggests that those looking to invest in or build property in Nez Perce County may want to act sooner rather than later, as property values seem to be surging more rapidly compared to broader trends.
Residential Energy Tax Credit Per Tax Return in Nez Perce County, ID Over the Last 8 Years
Nez Perce County, Idaho, has seen significant fluctuations in the average residential energy tax credit per tax return over the last eight years, peaking in 2021 at $715.00. This notable increase suggests a growing emphasis on energy-efficient home improvements and could signal heightened incentives or greater awareness among homeowners. For those considering moving to or investing in the area, these trends hint at an active market for sustainable energy solutions and might reflect broader changes in policies or economic conditions favoring green investments. For real estate agents and appraisers, understanding these shifts can be crucial in accurately valuing properties and advising clients.
Average Real Estate Taxes Per Tax Return in Nez Perce County, ID Over the Last 10 Years
Over the past decade, Nez Perce County, Idaho has seen a notable increase in average real estate taxes per tax return, rising from approximately $2,284.58 in 2012 to around $3,997.62 by 2021. This upward trend likely reflects significant property value appreciation and possibly changes in tax rates. For potential investors, homeowners, and real estate professionals, this could indicate a robust market with appreciating assets, though higher taxes might impact overall affordability and investment returns. Insurance agents and appraisers might also see shifts in how properties are valued and insured within the county.
Percentage of Farm Returns in Nez Perce County, ID Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Nez Perce County, Idaho, has shown a modest decline. Starting at roughly 2.28% in 2012, the figure fluctuated slightly but generally trended downward to about 1.75% in 2021. For those looking to invest in agricultural ventures or real estate, the decreasing rate of farm-specific tax returns might suggest a shift in economic activities, possibly reflecting broader trends in rural land use and agricultural dynamics within the county. Understanding these patterns can be crucial for making informed decisions regarding property investment or development in this location.
Number of Mortgages by Occupancy Type in Nez Perce County, ID Over the Last 5 Years in Nez Perce County
Over the last five years, Nez Perce County, Idaho, has seen a notable fluctuation in mortgage counts across different occupancy types. Principal residences consistently dominate, peaking in 2020 with 3,038 mortgages and dipping to 1,857 in 2022. Investment properties saw a gradual decline from 106 in 2021 to 58 in 2019, while second residences remained a small but stable segment. These shifting dynamics could indicate varying levels of investor interest and residential stability, impacting property valuations, marketability, and risk assessments for insurance and lending institutions. Understanding these trends could be crucial for potential investors, real estate agents, and builders navigating the local market.
Economic Outlook
Over the last nine years, Nez Perce County, Idaho has experienced a significant upward trend in average taxable income per tax return, jumping from around $49,734.73 in 2013 to approximately $70,278.94 in 2021. This could imply economic growth and improved earning potential, making the region more attractive for property investment and development. Additionally, state and local income taxes rose from $5,253.61 in 2012 to $9,781.58 in 2021, hinting at increased public spending or services. The... Read more
Average Taxable Income per Tax Return in Nez Perce County, ID over the last 9 years
Over the last nine years, Nez Perce County, Idaho has seen a general upward trend in average taxable income per tax return, increasing from around $49,734.73 in 2013 to approximately $70,278.94 in 2021. This potential increase in average taxable income could indicate economic growth and improved earning potential for residents, possibly boosting the appeal for investment and property development in the area. Such growth hints at a strengthening local economy which may translate into better amenities, infrastructure, and overall quality of life for those considering a move or investment in Nez Perce County.
Average State and Local Income Taxes Per Tax Return in Nez Perce County, ID Over the Last 10 Years
Over the past decade, Nez Perce County, Idaho has experienced a significant increase in state and local income taxes per tax return, reflecting an overall upward trajectory. Starting at $5253.61 in 2012, taxes have risen to $9781.58 by 2021, indicating both economic growth and perhaps increased public spending or services. This trend is crucial for investors and potential residents as it highlights growing fiscal responsibilities but also suggests potential improvements in local infrastructure and services.
Average Total Tax Liability Per Tax Return in Nez Perce County, ID Over the Last 10 Years
Nez Perce County, Idaho has seen a notable upward trend in average total tax liability per tax return over the past decade. Starting around $6,929.89 in 2012, it gradually increased with some fluctuations, peaking at $10,057.26 in 2021. This rise in tax liabilities may suggest growing incomes, increased property values, or changes in tax policy, factors that those looking to invest, move, or build property in the area might find significant for long-term financial planning.
Cost of Living in Nez Perce County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,384 | $1,882 | $1,717 | $1,277 | $1,416 |
| 1 adult 4 children | $1,384 | $1,537 | $1,325 | $1,277 | $1,537 |
| 2 adults 3 children | $1,384 | $1,538 | $1,483 | $1,277 | $1,136 |
| 1 adult 3 children | $1,384 | $1,255 | $1,092 | $1,277 | $1,242 |
| 2 adults 2 children | $974 | $1,259 | $1,250 | $1,114 | $875 |
| 1 adult 2 children | $974 | $940 | $858 | $1,114 | $815 |
| 2 adults 1 child | $974 | $995 | $1,017 | $582 | $786 |
| 1 adult 1 child | $974 | $643 | $625 | $582 | $652 |
| 2 adults | $757 | $799 | $783 | $0 | $632 |
| 1 adult | $651 | $436 | $392 | $0 | $556 |
Safety trends & Data
Nez Perce County, Idaho, has seen fluctuating property crime rates over the last five years, with larceny-theft peaking at 157 incidents in 2018 and then declining, possibly indicating better community safety or more effective law enforcement. Burglary and vandalism trends have remained consistent but still concerning, while motor vehicle thefts notably spiked in 2020. Additionally, embezzlement incidents emerged in 2022. These crime patterns are crucial for potential investors, real estate... Read more
Property Crime Trends in Nez Perce County, ID Over the Last 5 Years
Nez Perce County, Idaho, has experienced fluctuating property crime rates over the last five years. Property crimes like larceny-theft, which peaked at 157 incidents in 2018 and saw a notable decline in subsequent years, hint at potential improvements in community safety or law enforcement efficacy. Burglary and vandalism trends have been relatively stable but remained concerning. Meanwhile, motor vehicle thefts spiked in 2020 and embezzlement appeared in records for 2022. These crime trends are valuable for potential investors, real estate professionals, and insurance agents assessing the area's risk profile and desirability for business or residential purposes.
Demographics
Nez Perce County, Idaho's adult population trends show a fairly balanced gender ratio and reveal significant educational achievements, with a notable portion holding bachelor's degrees or higher. The age distribution highlights a substantial number of residents in the 25 to 34 and 55 to 64 age brackets, hinting at a workforce that's both relatively young and approaching retirement. The racial composition is predominantly white, with small but notable numbers of American Indian and Alaska Native... Read more
Race Distribution in Nez Perce County, Idaho (2022)
Educational Attainment in Nez Perce County, Idaho (2022)
Age Distribution in Nez Perce County, Idaho
Citizen Population in Nez Perce County, Idaho (2022)
Political Trends & Data
In Nez Perce County, Idaho, the 2020 U.S. Presidential Election demonstrated a pronounced conservative preference, with the Republican Party securing around 65.5% of the vote. The Democratic Party earned roughly 31.9%, and the Libertarian Party trailed with about 1.4%. No significant support emerged for the Green Party, and other parties combined for less than 1.2% of the vote, underscoring the county's strong conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Nez Perce County, Idaho, the 2020 U.S. Presidential Election saw a significant lean towards the Republican Party, capturing approximately 65.5% of the vote. The Democratic Party garnered around 31.9%, while the Libertarian Party trailed with just over 1.4%. No notable support was recorded for the Green Party, and various other parties collectively obtained less than 1.2% of the votes. This distribution suggests a pronounced conservative inclination among the voters in this region.
65.52% of voters voted for the Republican party in the 2020 Presidential Election
31.89% of voters voted for the Democrat party in the 2020 Presidential Election
1.41% of voters voted for the Livertarian party in the 2020 Presidential Election
1.18% of voters voted for the Other party in the 2020 Presidential Election
School Data
Nez Perce County, Idaho has seen its student-to-teacher ratio drop significantly, from almost sixteen students per teacher in 2019 to just over ten in 2021. Since 2020, the ratios have stayed below the national average of fourteen, potentially attracting families interested in more personalized education. These trends can also be a lure for real estate investors and professionals, as education quality is a key factor in residential demand, influencing property values which appraisers and... Read more
Student-to-teacher ratio in Nez Perce County, Idaho over the last 10 years
Nez Perce County, Idaho has experienced fluctuations in its student-to-teacher ratio over the past decade, with notable declines from a high of nearly sixteen students per teacher in 2019 to just over ten in 2021. Since 2020, the ratios have remained below the national average of fourteen, indicating smaller class sizes that may appeal to families seeking more individualized attention for their children. These trends could attract investors and real estate professionals who understand that quality education is a key driver for residential demand. Education quality also impacts property values, making it crucial for appraisers and insurance agents to monitor these shifts closely.
