Teton County Real Estate and Livability Trends
Teton County, Idaho has seen a remarkable increase in median home values, jumping from $222,900 in 2015 to $479,800 in 2022, significantly outpacing state and national trends. This may suggest heightened interest from new residents or real estate investors. Income levels have also surged, with average taxable income per tax return more than doubling from $48,115.97 in 2013 to $102,980.60 in 2021,... Read more
Teton County Market Trends
Teton County, Idaho, has seen a dramatic surge in median home values from $222,900 in 2015 to $479,800 in 2022, outpacing both state and national growth rates. This suggests a rising appeal possibly attributed to new residents or keen real estate investors. Residential energy tax credits have spiked notably in 2019 and 2020, possibly pointing to significant investments in energy-efficient home... Read more
Median Value of Occupied Housing Units in Teton County, Idaho Over the Last 8 Years
Teton County, Idaho, has experienced a significant rise in median home values over the past eight years, from $222,900 in 2015 to $479,800 in 2022. Compared to Idaho's overall growth from $162,900 to $331,600 over the same period, Teton County's market shows a rapidly accelerating property value trend. This contrasts even more starkly against the national median, which has grown from $125,500 to $179,400. These sharp increases could reflect a burgeoning demand for housing in Teton County, possibly driven by its appeal to new residents or real estate investors seeking areas with robust property appreciation.
Residential Energy Tax Credit Per Tax Return in Teton County, ID Over the Last 8 Years
In Teton County, Idaho, the average residential energy tax credit per tax return has shown significant variability over the last eight years, with notable spikes in 2019 and 2020, reaching amounts like $1525.00 and $1866.67 respectively. This suggests that there may have been significant investment in energy-efficient home improvements or incentives during these years. The variability in these credits might be a key indicator of fluctuating energy policies and homeowner engagement in energy-saving measures, which could be relevant for investors, real estate agents, and those interested in property trends in the county.
Average Real Estate Taxes Per Tax Return in Teton County, ID Over the Last 10 Years
Real estate taxes per tax return in Teton County, Idaho have shown a significant upward trend over the past decade, with figures climbing from approximately $2,019.08 in 2012 to around $4,796.08 in 2021. This increase, notably peaking in 2020 at roughly $4,876.47, could indicate rising property values and an expanding local economy. Investors and potential homeowners might view this as a sign of a growing and increasingly desirable market, though it can also mean higher carrying costs for property owners. This data may be particularly useful for appraisers, real estate agents, and insurance agents assessing the economic vitality and fiscal obligations associated with property in the area.
Percentage of Farm Returns in Teton County, ID Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Teton County, Idaho, has shown a general decline. Starting at around 3.80% in 2012, this figure dipped notably to about 2.43% by 2020, before slightly rising to 2.64% in 2021. Farm tax returns are an essential indicator of the agricultural sector's economic activity, reflecting the number of entities filing taxes under farming classifications. This trend could suggest shifts in land use, farming viability, or economic conditions impacting agricultural stakeholders, which might influence decisions for potential investors, new residents, or those considering property developments in the area.
Number of Mortgages by Occupancy Type in Teton County, ID Over the Last 5 Years in Teton County
Over the past five years, Teton County, Idaho has seen fluctuating patterns in mortgage types, with principal residences dominating the market. Notably, 2021 marked a high point with 1,371 principal residence mortgages, while investment properties peaked at 111 mortgages the same year. Second residences, although less prevalent, have also shown variability, peaking at 261 in 2020. Shifts in occupancy types matter because they offer insights into local demographic changes, investment trends, and potential demands for services and amenities. Investors, real estate agents, and appraisers, in particular, would find these trends indicative of changing housing needs and opportunities for various property developments in the region.
Economic Outlook
In Teton County, Idaho, the average taxable income per tax return surged from $48,115.97 in 2013 to $102,980.60 in 2021, indicating a potentially booming local economy. The parallel rise in state and local income taxes, from $5,478.70 in 2012 to $16,411.11 in 2021, suggests an increasing tax burden that might be driven by economic factors such as rising property values. Correspondingly, total tax liabilities per tax return more than doubled from $7,173.13 in 2012 to $18,346.02 in 2021. These... Read more
Average Taxable Income per Tax Return in Teton County, ID over the last 9 years
Teton County, Idaho has seen a notable upward trend in average taxable income per tax return over the last nine years, climbing from $48,115.97 in 2013 to $102,980.60 in 2021. This sharp increase, especially the significant jump in 2021, could make the area particularly attractive for investors and potential residents. Higher incomes often indicate economic growth and prosperity, potentially driving demand for housing and local businesses. Evaluating this data might be crucial for developers and business owners looking to capitalize on emerging opportunities in this Idaho county.
Average State and Local Income Taxes Per Tax Return in Teton County, ID Over the Last 10 Years
Teton County, Idaho has seen a significant increase in state and local income taxes per tax return over the past decade. In 2012, the average tax per return stood at $5,478.70, jumping to $16,411.11 by 2021. This growth suggests a rising tax burden, likely influenced by regional economic changes and possibly increasing property values. Prospective investors and residents should consider these escalating taxes when assessing the financial landscape of Teton County.
Average Total Tax Liability Per Tax Return in Teton County, ID Over the Last 10 Years
Over the last decade, Teton County, Idaho has seen a notable increase in the average total tax liability per tax return. From $7,173.13 in 2012, it has more than doubled by 2021, reaching $18,346.02. This significant rise could be indicative of higher incomes or increased property values in the area, potentially pointing towards economic growth and rising prosperity in the region. These trends may interest investors, property developers, and individuals looking to move to a rapidly growing part of Idaho.
Cost of Living in Teton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,536 | $2,160 | $1,790 | $1,439 | $1,894 |
| 1 adult 4 children | $1,536 | $1,764 | $1,386 | $1,439 | $2,000 |
| 2 adults 3 children | $1,536 | $1,764 | $1,545 | $1,439 | $1,550 |
| 1 adult 3 children | $1,536 | $1,440 | $1,141 | $1,439 | $1,691 |
| 2 adults 2 children | $1,081 | $1,444 | $1,299 | $1,255 | $1,159 |
| 1 adult 2 children | $1,081 | $1,079 | $895 | $1,255 | $1,184 |
| 2 adults 1 child | $1,081 | $1,141 | $1,053 | $656 | $1,014 |
| 1 adult 1 child | $1,081 | $737 | $650 | $656 | $858 |
| 2 adults | $901 | $917 | $808 | $0 | $811 |
| 1 adult | $896 | $500 | $404 | $0 | $737 |
Safety trends & Data
Teton County, Idaho has likely seen a strengthening safety profile in the property market due to a significant reduction in property crime incidents over the past five years. Larceny-theft cases dropped dramatically from 19.0 in 2018 to just 4.0 in 2022. Despite a slight increase in vandalism incidents between 2018 and 2020, they have become negligible. Burglary incidents have been sporadic and minor, while arson was reported just once in 2021. However, the appearance of crimes involving stolen... Read more
Property Crime Trends in Teton County, ID Over the Last 5 Years
Over the past five years, Teton County, Idaho has seen a notable reduction in property crime incidents, with a significant drop in larceny-theft cases from 19.0 in 2018 to just 4.0 in 2022. Vandalism incidents slightly increased from 2018 to 2020 but then became negligible. Burglary appears sporadic, with minor occurrences. The appearance of crimes involving stolen property raises new concerns, though their overall frequency remains modest. Arson reported just once in 2021. For investors, real estate agents, and potential residents, this trend may suggest a strengthening safety profile beneficial to the overall property market.
Demographics
Teton County, Idaho shows a slight male majority in its adult population. Educational attainment reveals a significant portion of individuals with some college experience or higher, with bachelor's degrees forming the largest group. Age demographics suggest a balanced distribution across various age brackets, though there may be fewer people over 75 years. The racial makeup is predominantly White, with very minimal representation from other racial groups. This context could imply certain... Read more
Race Distribution in Teton County, Idaho (2022)
Educational Attainment in Teton County, Idaho (2022)
Age Distribution in Teton County, Idaho
Citizen Population in Teton County, Idaho (2022)
Political Trends & Data
Teton County, Idaho, a region traditionally seen as leaning Republican, may be experiencing a shift in political tides. During the 2020 U.S. Presidential Election, Democrats captured approximately 52.3% of the vote, potentially outpacing Republicans. Minor parties like the Libertarians garnered minimal influence, securing around 1.7% of the votes, hinting at an evolving political landscape in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Teton County, Idaho saw a potential shift in political dynamics during the 2020 U.S. Presidential Election, with Democrats possibly edging out Republicans, capturing roughly 52.3% of the vote. Meanwhile, Libertarians and other minor parties seemed to have had a minimal influence, securing just about 1.7% and 1% of the votes respectively. This trend might hint at a growing Democratic presence in a state traditionally viewed as a Republican stronghold.
45.03% of voters voted for the Republican party in the 2020 Presidential Election
52.28% of voters voted for the Democrat party in the 2020 Presidential Election
1.72% of voters voted for the Livertarian party in the 2020 Presidential Election
0.98% of voters voted for the Other party in the 2020 Presidential Election
School Data
Teton County, Idaho's student-to-teacher ratio has fluctuated over the past decade, dropping from 21 in 2014 to around 15 in 2021 before rising slightly above 16 recently. This ratio consistently exceeds the national average of 14, potentially pointing to larger class sizes and unique resource allocation needs. For investors and developers, these trends could hint at varying demands for educational infrastructure and community services, potentially influencing property values and the area's... Read more
Student-to-teacher ratio in Teton County, Idaho over the last 10 years
The student-to-teacher ratio in Teton County, Idaho has seen noteworthy fluctuations over the past decade. Starting at 21 in 2014, it gradually decreased to a low of around 15 in 2021 before inching back up to just over 16 in recent years. This ratio remains consistently higher than the national average of 14 students per teacher, which may indicate larger class sizes and potentially different resource allocation needs. For investors, developers, and those in the real estate or insurance sectors, these trends could suggest varying demands for educational infrastructure and community services, potentially affecting property values and the attractiveness of the area for families.
