Calhoun County Real Estate and Livability Trends
In Calhoun County, Illinois, median home values have gradually increased from $121,400.00 in 2015 to $160,900.00 by 2022, reflecting slower but steady appreciation. Property taxes have risen, going from $3,100.00 in 2012 to $4,150.00 in 2021, potentially influencing homeownership costs and long-term investment strategies. Mortgage counts for principal residences have notably declined while those... Read more
Calhoun County Market Trends
Median home values in Calhoun County, Illinois have seen a gradual rise from $121,400.00 in 2015 to $160,900.00 in 2022, indicating slower but steady appreciation compared to the broader Illinois trend and national levels. Property taxes have also risen from $3,100.00 in 2012 to $4,150.00 in 2021, potentially affecting the cost of homeownership and influencing long-term investment decisions. Farm... Read more
Median Value of Occupied Housing Units in Calhoun County, Illinois Over the Last 8 Years
Calhoun County, Illinois, has seen varied shifts in median home values over the past eight years, moving from $121,400 in 2015 to $160,900 in 2022. Despite some fluctuations, the 2022 value outpaces many previous years. When set against the broader backdrop of Illinois, with home values rising from $173,800 to $239,100 in the same period, Calhoun County's market trends suggest a slower but steady appreciation. At a national level, the median home value increased from $125,500 in 2015 to $179,400 in 2022, indicating a stronger growth trend. For investors and homebuyers, Calhoun County offers a potentially more affordable entry point in a state and nation generally experiencing steeper price increases. This can influence decisions around where to invest, build, or buy property.
Residential Energy Tax Credit Per Tax Return in Calhoun County, IL Over the Last 5 Years
Over the last five years, Calhoun County, Illinois has seen noticeable fluctuations in the average residential energy tax credit per tax return. In 2013, it peaked at $350.00, but then dropped to $200.00 in 2014. This oscillation could hint at varying adoption rates of energy-efficient upgrades or changes in tax incentives. By 2021, the average was approximately $266.67, suggesting a possible slow yet gradual stabilization or increased efficiency awareness amongst residents. This trend might be of interest to those looking at property development, energy-efficient investments, or evaluating potential financial incentives for eco-friendly homes in the area. It seems relevant for anyone assessing the broader economic or residential attractiveness of Calhoun County.
Average Real Estate Taxes Per Tax Return in Calhoun County, IL Over the Last 10 Years
Over the past decade, property taxes in Calhoun County, Illinois have shown a general upward trend. Starting at $3,100.00 in 2012, they fluctuated moderately before peaking at $4,150.00 in 2021. This pattern suggests a steady increase, punctuated by sharper rises in some years, such as from 2018 to 2019. Such trends can impact the cost of homeownership and may influence long-term investment decisions, appraisals, and insurance rates. For those considering real estate transactions in the area, these annual tax increases should be factored into budgeting and financial planning.
Percentage of Farm Returns in Calhoun County, IL Over the Last 10 Years
In Calhoun County, Illinois, farm returns have seen a relatively stable trend over the last decade, fluctuating around 14.85% in 2012 to a minor decrease towards 13.90% by 2021. Farm tax returns, essentially the tax filings by farm operations, offer insights into the economic health and viability of agricultural activities in the area. These trends could imply shifts in farming productivity, local agricultural policies, or market conditions, making it an intriguing factor for those considering investment opportunities or lifestyle changes tied to agricultural potential in Calhoun County.
Number of Mortgages by Occupancy Type in Calhoun County, IL Over the Last 5 Years in Calhoun County
The data show significant year-to-year shifts in mortgage counts across different occupancy types in Calhoun County, Illinois. Notably, mortgages for principal residences have seen a marked decrease from 107 in 2019 to just 59 in 2022. Investment property mortgages have remained relatively low and stable, while second residence mortgages have fluctuated, peaking at 11 in 2022. Changes in occupancy type can influence the local real estate market, potentially affecting property values and demand. For real estate investors, consistent low levels of investment property mortgages might signal limited competition but also fewer opportunities. For those aiming to move to the area or build properties, fluctuations in second residence interest may indicate changing perceptions of Calhoun County as a viable location for seasonal or secondary homes. Insurance agents and appraisers could find these trends useful when assessing risk and setting premiums, especially given the varying stability in mortgage types.
Economic Outlook
In Calhoun County, Illinois, the average taxable income per tax return has generally increased over the past nine years, from around $49,160.18 in 2013 to about $67,035.75 in 2021, with notable jumps between 2017 and 2019 and a significant rise from 2020 to 2021. This may indicate improving economic conditions and a growing local economy. State and local income taxes have fluctuated, peaking at $8,000.00 in 2019 and then dropping significantly by 2021. The total tax liability per tax return... Read more
Average Taxable Income per Tax Return in Calhoun County, IL over the last 9 years
Over the past nine years, Calhoun County, Illinois has seen a general upward trend in average taxable income per tax return, starting at approximately $49,160.18 in 2013 and rising to about $67,035.75 in 2021. Noteworthy jumps occurred between 2017 and 2019, as well as a significant increase from 2020 to 2021. For investors, developers, or potential residents, this trend may suggest improving economic conditions and a growing prosperity in the area, potentially signaling a thriving local economy with an increasing tax base.
Average State and Local Income Taxes Per Tax Return in Calhoun County, IL Over the Last 10 Years
Calhoun County, Illinois has seen fluctuating state and local income taxes per tax return over the past decade. Taxes peaked at $8,000.00 in 2019, then dropped to $7,200.00 in 2020, and further to $4,633.33 in 2021. For most of this period, taxes hovered between $4,000.00 and $5,200.00, showing significant variability but a clear uptick towards 2019 and 2020. This trend may impact perceptions of tax liability for potential investors, residents, and property developers in the region.
Average Total Tax Liability Per Tax Return in Calhoun County, IL Over the Last 10 Years
Over the last decade, Calhoun County, Illinois has seen a fluctuating trend in the average total tax liability per tax return, with figures hovering between $6,300.00 and $8,800.00. Between 2012 and 2016, there was a notable increase, peaking in 2016 at around $7,882.63. A slight decline followed, yet recent data from 2021 show a significant jump to approximately $8,861.68. This could suggest variability in economic conditions and tax policy impacts, important for investors and potential residents analyzing financial commitments.
Cost of Living in Calhoun County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $947 | $1,259 | $2,459 | $1,110 | $1,386 |
| 1 adult 4 children | $947 | $1,028 | $1,893 | $1,110 | $1,413 |
| 2 adults 3 children | $947 | $1,028 | $2,127 | $1,110 | $1,117 |
| 1 adult 3 children | $947 | $839 | $1,561 | $1,110 | $1,150 |
| 2 adults 2 children | $731 | $842 | $1,796 | $999 | $984 |
| 1 adult 2 children | $731 | $629 | $1,230 | $999 | $904 |
| 2 adults 1 child | $731 | $665 | $1,464 | $641 | $935 |
| 1 adult 1 child | $731 | $430 | $898 | $641 | $768 |
| 2 adults | $582 | $534 | $1,132 | $0 | $761 |
| 1 adult | $547 | $292 | $566 | $0 | $590 |
Demographics
Calhoun County, Illinois shows a slightly male-majority adult population with men outnumbering women by approximately 89 individuals. The area demonstrates relatively high educational attainment, with most adults having completed high school and a significant portion holding associate's or higher degrees. Age distribution suggests a mature demographic, with more residents aged 55 and over compared to younger age brackets. The racial makeup is predominantly White, with very small numbers of... Read more
Race Distribution in Calhoun County, Illinois (2022)
Educational Attainment in Calhoun County, Illinois (2022)
Age Distribution in Calhoun County, Illinois
Citizen Population in Calhoun County, Illinois (2022)
Political Trends & Data
Calhoun County, Illinois, displayed a strong Republican preference in the 2020 U.S. Presidential Election, with the GOP likely capturing about 74% of the vote. Democrats garnered roughly 24%, and other parties collectively accounted for less than 2%. This pronounced partisan tilt may shape local political strategies and policy considerations moving... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Calhoun County, Illinois, saw a significant leaning towards the Republican party in the 2020 U.S. Presidential Election, with Republicans potentially securing approximately 74% of the vote. Democrats trailed with around 24%, while support for Libertarian, Green, and other parties was marginal, collectively accounting for less than 2% of the votes. This suggests a pronounced partisan preference that could influence local political strategies and policy focus.
73.81% of voters voted for the Republican party in the 2020 Presidential Election
24.42% of voters voted for the Democrat party in the 2020 Presidential Election
1.30% of voters voted for the Livertarian party in the 2020 Presidential Election
0.29% of voters voted for the Green party in the 2020 Presidential Election
0.18% of voters voted for the Other party in the 2020 Presidential Election
School Data
Calhoun County, Illinois has seen its student-to-teacher ratio fluctuate from 8 students per teacher in 2014 to around 9 in 2023, with a peak at 11 in 2017. This is notably lower than the national average of 14, hinting at smaller class sizes and potentially more individualized student attention. Such shifts might influence the local real estate market, driving interest from families prioritizing strong educational environments, and potentially boosting property values. Investors and potential... Read more
Student-to-teacher ratio in Calhoun County, Illinois over the last 9 years
Calhoun County, Illinois has seen fluctuations in its student-to-teacher ratio over the past nine years, trending from 8 students per teacher in 2014 to around 9 in 2023, peaking at 11 students per teacher in 2017. This is notably lower than the national average of 14 students per teacher, suggesting smaller class sizes which might indicate more individualized attention for students. For those looking to invest in education, move to the area, or are simply interested in community dynamics, such shifts could affect the local real estate market and decisions around school funding and resources. Lower student-to-teacher ratios often imply better educational outcomes and could enhance property values and appeal for families prioritizing strong educational environments.
