Payette County Real Estate and Livability Trends
Payette County, Idaho's average taxable income per tax return has climbed from $47,273.76 in 2013 to $69,908.71 in 2021, indicating improved financial health and spending power. Median home values have also risen sharply from $129,300 in 2015 to $265,500 in 2022, making it an attractive, appreciating market compared to Idaho’s state trend. While crime rates have generally declined, ongoing... Read more
Payette County Market Trends
Payette County's median home values have grown significantly over the last eight years, jumping from $129,300 in 2015 to $265,500 in 2022. This dramatic rise, especially between 2021 and 2022, outpaces the national average, offering a more affordable yet appreciating option compared to Idaho's state-wide trend. Over the past nine years, residential energy tax credits have fluctuated, peaking at... Read more
Median Value of Occupied Housing Units in Payette County, Idaho Over the Last 8 Years
Payette County's median home values have shown remarkable growth over the last eight years, jumping from $129,300 in 2015 to $265,500 in 2022. This increase, especially the sharp rise between 2021 and 2022, outpaces the national average, which moved from $125,500 to $179,400 in the same period. Compared to Idaho's state-wide trend, where values rose from $162,900 to $331,600, Payette County presents a more affordable, yet appreciating option for potential homebuyers, investors, and developers alike.
Residential Energy Tax Credit Per Tax Return in Payette County, ID Over the Last 9 Years
Over the past nine years in Payette County, Idaho, the average residential energy tax credit per tax return has fluctuated significantly, peaking at $3,325.00 in 2018. These variations reflect possible shifts in local energy-efficient installations and upgrades. For investors and property developers, understanding these trends is crucial for identifying periods of incentive-driven home improvements. Real estate agents could leverage this data to highlight potential savings on energy-efficient homes. Moreover, appraisers and insurance agents might find the data helpful when evaluating property values and risks associated with energy efficiency investments.
Average Real Estate Taxes Per Tax Return in Payette County, ID Over the Last 10 Years
Real estate taxes in Payette County, Idaho have shown a gradual increase over the last decade, with average taxes per tax return starting at $1,392.42 in 2012 and rising to $2,642.31 in 2021. Notably, there was a significant jump between 2017 and 2018, suggesting a potential reassessment or policy change. This trend may hint at rising property values or shifting fiscal strategies, which could influence decisions for investors, homeowners, and real estate professionals considering Payette County.
Percentage of Farm Returns in Payette County, ID Over the Last 10 Years
Over the past decade, farm tax returns in Payette County, Idaho have fluctuated, showing a slight overall decline from approximately 6.46% in 2012 to about 5.20% in 2021. Farm tax returns indicate the proportion of tax returns filed by agricultural businesses, important to gauge economic dependence on farming in an area. Potential investors, property developers, and those interested in the local economy might find this trend informative; it suggests a modest decrease in farming activities or profitability, which could impact land use, local employment, and community growth.
Number of Mortgages by Occupancy Type in Payette County, ID Over the Last 5 Years in Payette County
Recent data on Payette County, Idaho, shows fluctuations in mortgage counts by occupancy type over the past five years. Principal residences consistently dominate, featuring a marked increase from 1,293 in 2018 to 2,397 in 2021, indicating growing appeal for long-term living. Investment properties and second residences, while less in volume, also show interesting variability, possibly hinting at shifting investor confidence or changes in second-home market dynamics. Observing these shifts can provide valuable insights for various stakeholders. For investors, understanding occupancy trends helps in assessing potential rental market performance. Potential homebuyers may scrutinize these trends to gauge community stability and growth. Appraisers and insurance agents might see these patterns as signals of economic health and property risk levels, while builders and real estate agents could tailor their strategies to meet emerging market needs.
Economic Outlook
Payette County, Idaho has seen a notable rise in average taxable income per tax return over the past nine years, increasing from $47,273.76 in 2013 to $69,908.71 in 2021. This suggests a community with improving financial health, which could signal higher spending power and potential for investment. Concurrently, average state and local income taxes per tax return have also grown substantially from $6,235.57 in 2012 to $14,669.23 in 2021, indicating both rising income levels and tax burdens.... Read more
Average Taxable Income per Tax Return in Payette County, ID over the last 9 years
Over the past nine years, Payette County, Idaho has shown a noteworthy increase in average taxable income per tax return, growing from $47,273.76 in 2013 to $69,908.71 in 2021. This upward trend suggests an area potentially ripe for investment, given its seemingly robust economic health. Understanding these income trends could be critical for anyone looking to move to, build property in, or invest in Payette County, indicating a community with improving financial stability and possibly higher spending power.
Average State and Local Income Taxes Per Tax Return in Payette County, ID Over the Last 10 Years
Over the past decade, Payette County, Idaho has seen a substantial increase in average state and local income taxes per tax return, rising from $6,235.57 in 2012 to $14,669.23 in 2021. This upward trend highlights both growing income levels and potential tax burden, which is crucial for investors, prospective residents, and property developers to consider before making financial commitments in the area.
Average Total Tax Liability Per Tax Return in Payette County, ID Over the Last 10 Years
Over the past decade, Payette County, Idaho has seen a noticeable fluctuation in the average total tax liability per tax return, indicating a potential variability in residents' incomes and economic conditions. Starting at $7,451.14 in 2012, there has been an upward trend with notable peaks such as $10,352.06 in 2021. Such dynamics may impact decisions on investments, property development, or relocation as they offer insights into the economic landscape’s stability and growth potential in the region.
Cost of Living in Payette County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,284 | $1,653 | $1,567 | $1,168 | $1,172 |
1 adult 4 children | $1,284 | $1,350 | $1,214 | $1,168 | $1,298 |
2 adults 3 children | $1,284 | $1,350 | $1,352 | $1,168 | $929 |
1 adult 3 children | $1,284 | $1,102 | $999 | $1,168 | $1,032 |
2 adults 2 children | $930 | $1,105 | $1,137 | $1,012 | $755 |
1 adult 2 children | $930 | $826 | $784 | $1,012 | $689 |
2 adults 1 child | $930 | $874 | $922 | $506 | $689 |
1 adult 1 child | $930 | $564 | $568 | $506 | $581 |
2 adults | $707 | $702 | $706 | $0 | $568 |
1 adult | $702 | $383 | $353 | $0 | $551 |
Safety trends & Data
Property crimes in Payette County, Idaho, have generally declined over the past five years, with notable drops in burglary (from 18 cases in 2018 to 6 in 2022) and larceny-theft (from 25 to 12). Vandalism peaked at 16 cases in 2020 but has since decreased. Motor vehicle theft, however, has remained relatively steady, with 2 to 4 cases annually. This evolving crime landscape might signal strengthening crime mitigation efforts, making the area potentially more attractive for investors, residents,... Read more
Property Crime Trends in Payette County, ID Over the Last 5 Years
Payette County, Idaho has seen a fluctuation in property crimes over the past five years. Burglary and larceny-theft instances have generally declined, with burglary arrests dropping from 18 in 2018 to just 6 in 2022, and larceny-theft going from 25 to 12 in the same period. Vandalism cases peaked at 16 in 2020 but have since decreased. Interestingly, motor vehicle theft has remained relatively steady, ranging from 2 to 4 cases annually. These trends suggest potential improvements in crime mitigation efforts, which could be significant for investors, residents, and real estate professionals considering the area.
Demographics
In Payette County, Idaho, the slight female majority rings true, yet both genders' populations are relatively balanced. High school graduates or those with some college education collectively form the majority of the educational attainment demographic, hinting at a workforce likely engaged in skilled labor or technical roles rather than advanced degree professions. Age-wise, the county has a significant number of residents under 10 years old and a pretty evenly spread distribution across other... Read more
Race Distribution in Payette County, Idaho (2022)
Educational Attainment in Payette County, Idaho (2022)
Age Distribution in Payette County, Idaho
Citizen Population in Payette County, Idaho (2022)
Political Trends & Data
In Payette County, Idaho, the 2020 U.S. Presidential Election revealed a strong Republican preference, with approximately 78.50% of votes favoring the Republican Party. Democrats received around 19.10%, while the Libertarian candidate secured about 1.50%. The negligible support for other parties suggests a primarily two-party dynamic, pointing to a pronounced conservative inclination among the county's... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Payette County, Idaho, the 2020 U.S. Presidential Election saw a significant lean towards Republican preferences, with nearly 78.5% of votes cast for the Republican Party. Democrats garnered roughly 19.1% of the vote, while the Libertarian candidate attracted about 1.5%. Other parties, including the Green Party, had negligible support, hinting at a predominantly two-party dynamic with a strong Republican inclination. This voting pattern might suggest a deeply rooted conservative orientation in the county's electorate.
78.47% of voters voted for the Republican party in the 2020 Presidential Election
19.14% of voters voted for the Democrat party in the 2020 Presidential Election
1.47% of voters voted for the Livertarian party in the 2020 Presidential Election
0.92% of voters voted for the Other party in the 2020 Presidential Election
School Data
Payette County, Idaho's student-to-teacher ratio peaked at 25:1 in 2019 before dropping to roughly 16:1 by 2023. Compared to the national average of 14:1, local classroom sizes remain larger, possibly affecting education quality. This could signal to potential investors or movers the necessity for more educational resources, influencing property values and community investment prospects. Real estate professionals might want to factor these trends into their market... Read more
Student-to-teacher ratio in Payette County, Idaho over the last 10 years
Payette County, Idaho has seen fluctuating student-to-teacher ratios over the past decade, peaking at 25 students per teacher in 2019 before falling to approximately 16 students per teacher by 2023. This contrast with the national average of 14 students per teacher suggests that classroom sizes in the area could be larger, potentially impacting the quality of education and individual attention students receive. For investors or those considering a move to the county, such trends might imply a need for more educational resources or highlight opportunities in school development, affecting property values and community investment attractiveness. Real estate agents and appraisers should consider these dynamics when assessing property values and future market growth.