Washington County Real Estate and Livability Trends
Washington County, Idaho has seen significant economic shifts with average taxable income jumping from $38,889.73 in 2013 to $58,556.51 in 2021, though this comes with a doubling of state and local income taxes to $9,946.67. Median home values have also surged from $127,400 in 2015 to $212,000 in 2022, making it a more affordable market compared to Idaho's overall steep rise. Real estate taxes... Read more
Washington County Market Trends
Washington County, Idaho's median home value has surged from $127,400 in 2015 to $212,000 in 2022, outpacing the national growth and offering a more affordable option compared to the state's steep rise from $162,900 to $331,600. Residential energy tax credits in the county have varied dramatically, peaking at $1,711.11 in 2021, indicating strong incentives for energy-efficient upgrades. Real... Read more
Median Value of Occupied Housing Units in Washington County, Idaho Over the Last 8 Years
Washington County, Idaho's median home value saw a significant increase over the past eight years, rising from $127,400 in 2015 to $212,000 in 2022. This growth outpaces the national median, which went from $125,500 in 2015 to $179,400 in 2022, and contrasts sharply with Idaho's state-wide surge from $162,900 to $331,600 over the same period. For investors and potential homebuyers, Washington County presents a more affordable entry into the housing market compared to the broader state trends, yet it still offers substantial appreciation potential.
Residential Energy Tax Credit Per Tax Return in Washington County, ID Over the Last 8 Years
Washington County, Idaho has seen notable fluctuations in residential energy tax credits over the past eight years. The average credit per tax return hit a high of $1,711.11 in 2021, a significant leap from its previous years, particularly from the modest $250.00 observed in 2013. Investors and homeowners might find this trend indicative of increased incentives for energy-efficient home upgrades. Real estate professionals and appraisers could consider these credits when evaluating property values, as homes incorporating renewable energy solutions may yield higher marketability and potential returns. This data is also critical for insurance agents who might factor in these energy modifications when assessing property risk and premiums.
Average Real Estate Taxes Per Tax Return in Washington County, ID Over the Last 10 Years
Over the past decade, real estate taxes in Washington County, Idaho have shown a general upward trend, starting from $1,447.50 in 2012 to $3,031.58 in 2021. This increase suggests a steady rise in property values or possibly adjustments in tax rates, which could impact the decisions of potential investors and homeowners. The notable jump between 2018 and 2019, where taxes increased by approximately $262.28, might imply significant valuation changes or policy shifts during that period. Real estate agents, appraisers, and insurance agents should consider these patterns when advising clients or evaluating property in the area.
Percentage of Farm Returns in Washington County, ID Over the Last 10 Years
Over the last decade, Washington County, Idaho has shown a steady but generally low percentage of farm tax returns, fluctuating mostly between 10.24% and 11.55%. Notably, there was a slight downturn between 2019 and 2020 where the percentage dropped from 10.24% to 8.95% before inching up again to 9.15% in 2021. Farm tax returns reflect the significance of agricultural activities within the county and are used by the IRS to determine the amount of income tax owed by farmers. This data is important for investors and prospective residents to understand the economic landscape and potential growth areas within the county's agricultural sector.
Number of Mortgages by Occupancy Type in Washington County, ID Over the Last 5 Years in Washington County
Over the last five years, Washington County, Idaho has seen fluctuating trends in the number of mortgages by occupancy type, with principal residences consistently occupying the largest share. Notably, principal residence mortgages peaked in 2021 but dropped significantly by 2022. Investment property and second residence mortgages have remained relatively low and stable throughout the period. Understanding these shifts can be crucial for investors and real estate agents, as changes in occupancy type may indicate evolving market demands and preferences. Furthermore, appraisers and insurance agents can leverage this data to assess market stability and risk factors more accurately. For those considering moving or building in the area, these trends offer insights into the local market dynamics and potential future developments.
Economic Outlook
Washington County, Idaho has seen a spike in average taxable income, from $38,889.73 in 2013 to $58,556.51 in 2021, hinting at rising economic vitality. However, this growth comes with a rise in average state and local income taxes, which have more than doubled to $9,946.67 in 2021. The increasing total tax liability, now $8,161.48 on average, suggests higher incomes or changing tax policies. This evolving financial landscape makes the county a compelling, albeit complex, area for potential... Read more
Average Taxable Income per Tax Return in Washington County, ID over the last 9 years
Washington County, Idaho has experienced notable growth in average taxable income over the past nine years, increasing from around $38,889.73 in 2013 to approximately $58,556.51 in 2021. This uptick suggests potential economic vitality, which could make the area appealing for investment opportunities, property development, or relocation. Continual income growth provides a positive indicator of the county's economic health and inhabitants' prosperity.
Average State and Local Income Taxes Per Tax Return in Washington County, ID Over the Last 10 Years
Washington County, Idaho has seen a significant rise in average state and local income taxes per tax return over the past decade. From $4,546.27 in 2012, the average climbed steadily, peaking at $9,946.67 by 2021. The sharp increase, especially from 2018 onwards, suggests a booming economic environment or changes in tax policies. This dramatic rise can impact cost-of-living calculations, making it a critical factor for potential investors, new residents, and property developers to consider when evaluating the financial landscape of the area.
Average Total Tax Liability Per Tax Return in Washington County, ID Over the Last 10 Years
Over the past decade, Washington County, Idaho has experienced a generally upward trend in average total tax liability per tax return. Starting at $5,144.57 in 2012, there's been a notable increase, peaking sharply at $8,161.48 in 2021. This rise may hint at higher income levels, increasing property values, or changes in local tax policies, making the area a complex but potentially lucrative target for investment and relocation.
Cost of Living in Washington County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,190 | $1,653 | $1,567 | $1,054 | $1,105 |
| 1 adult 4 children | $1,190 | $1,350 | $1,214 | $1,054 | $1,220 |
| 2 adults 3 children | $1,190 | $1,350 | $1,352 | $1,054 | $863 |
| 1 adult 3 children | $1,190 | $1,102 | $999 | $1,054 | $952 |
| 2 adults 2 children | $940 | $1,105 | $1,137 | $914 | $745 |
| 1 adult 2 children | $940 | $826 | $784 | $914 | $675 |
| 2 adults 1 child | $940 | $874 | $922 | $458 | $691 |
| 1 adult 1 child | $940 | $564 | $568 | $458 | $581 |
| 2 adults | $714 | $702 | $706 | $0 | $578 |
| 1 adult | $709 | $383 | $353 | $0 | $557 |
Safety trends & Data
Property crime trends in Washington County, Idaho over the last five years show relatively low and stable figures. Arson cases remained minimal with one incident annually in selected years, while burglary incidents hovered around two to three per year with a slight peak in 2022. Larceny-theft has notably declined from a high of five cases in 2018 to just one or none in later years. Motor vehicle theft and vandalism have also remained low, with motor vehicle theft maxing out at two cases per... Read more
Property Crime Trends in Washington County, ID Over the Last 5 Years
Property crime trends in Washington County, Idaho over the last five years show relatively low and stable figures across various crime categories. Arson cases remained minimal with one incident annually in 2018, 2020, and 2022. Burglary incidents hovered around two to three per year, with a slight peak in 2022. Larceny-theft has seen a noticeable decline from 2018's high of five cases down to just one or none in subsequent years. Motor vehicle theft and vandalism numbers have also been consistent but on the lower end, with motor vehicle theft reaching a maximum of two cases per year and vandalism fluctuating between one and four cases. Fraud and stolen property incidents appear sporadic but do not show any significant upward trend. These trends may suggest a relatively low-risk environment for investors, residents, and real estate professionals considering the area.
Demographics
Washington County, Idaho shows a slightly larger female adult population compared to males. Educational attainment reveals a significant number of residents having finished high school or attended some college, while those with graduate or professional degrees are relatively fewer. The age distribution indicates an aging population with notable proportions in the 65-74 and 55-64 age brackets. The county's racial composition is predominantly White, with small but present minorities in other... Read more
Race Distribution in Washington County, Idaho (2022)
Educational Attainment in Washington County, Idaho (2022)
Age Distribution in Washington County, Idaho
Citizen Population in Washington County, Idaho (2022)
Political Trends & Data
Washington County, Idaho, demonstrated a clear Republican preference, with around 78% of the vote potentially favoring that party in the 2020 U.S. Presidential Election. The Democratic Party appeared to secure roughly 20%, while Libertarian and other minor parties managed less than 2% each. This conservative tilt could impact local political dynamics and shape policies specific to the area's demographic and economic... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Washington County in Idaho exhibited a strong leaning towards the Republican party, with around 78% of the votes potentially going their way in the 2020 U.S. Presidential Election. The Democratic party seemed to capture approximately 20% of the votes, with Libertarian and other smaller parties garnering less than 2% each. This highlights a significant preference for Republican candidates in this county, which might influence local political dynamics and policies.
77.73% of voters voted for the Republican party in the 2020 Presidential Election
20.08% of voters voted for the Democrat party in the 2020 Presidential Election
1.07% of voters voted for the Livertarian party in the 2020 Presidential Election
1.12% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Washington County, Idaho has fluctuated significantly over the past decade, peaking at 22:1 in 2018 and gradually declining to roughly 14:1, slightly better than the current U.S. national average. These shifts could potentially impact educational outcomes, school funding, and local property values, making this trend particularly relevant for investors and homebuyers. Lower ratios may appeal to families considering moving to the area, as smaller class sizes often... Read more
Student-to-teacher ratio in Washington County, Idaho over the last 10 years
The student-to-teacher ratio in Washington County, Idaho has fluctuated significantly over the past decade, peaking at 22 students per teacher in 2018 and then gradually declining to roughly 14 in recent years, slightly better than the current US national average of 14 students per teacher. These shifts in classroom size could potentially impact educational outcomes, school funding, and local property values, making this trend particularly relevant for investors, potential homebuyers, appraisers, and real estate agents. Additionally, lower student-to-teacher ratios may appeal to families considering moving to the area, as smaller class sizes are often associated with more individualized attention and better educational support.
