Cass County Real Estate and Livability Trends
Cass County, Illinois, has seen median home values increase from $77,000 in 2015 to $92,000 in 2022, remaining significantly more affordable than the state median. Average taxable income per tax return has also risen, hitting $56,995.11 in 2021, possibly signaling a strong local economy and higher real estate values. These economic variables, along with a peak in average residential energy tax... Read more
Cass County Market Trends
In Cass County, Illinois, median home values have climbed from $77,000 in 2015 to $92,000 in 2022, offering a more affordable entry point compared to the state median, which surged from $173,800 to $239,100. The county's average residential energy tax credit peaked in 2018 at $1,218.18, indicating potential upticks in energy-efficient home improvements. Real estate taxes have also varied, with a... Read more
Median Value of Occupied Housing Units in Cass County, Illinois Over the Last 8 Years
Median home values in Cass County, Illinois have experienced a steady rise over the past eight years, jumping from $77,000 in 2015 to $92,000 in 2022. Compared to the state of Illinois, where values surged from $173,800 in 2015 to $239,100 in 2022, Cass County seems to offer a more affordable entry point. Nationally, the median value saw a rise from $125,500 to $179,400 across the same period, indicating that while Cass County prices are climbing, they remain significantly lower than both state and national medians, potentially attracting buyers looking for more affordable housing options in Illinois.
Residential Energy Tax Credit Per Tax Return in Cass County, IL Over the Last 9 Years
In Cass County, Illinois, the average residential energy tax credit per tax return has shown considerable fluctuations over the past nine years. There was a noticeable peak in 2018, reaching $1,218.18, which could indicate a surge in energy-efficient home improvements or a change in policy incentives. Similarly, 2020 also saw a high average of $1,164.29. Investors and those in the real estate market might perceive these peaks as potential indicators of increased property value and modernization efforts in the area. For insurance agents and appraisers, the data might suggest that homeowners are taking significant steps toward sustainability, potentially influencing future premiums and evaluations.
Average Real Estate Taxes Per Tax Return in Cass County, IL Over the Last 10 Years
Over the past decade, Cass County, Illinois has seen fluctuations in average real estate taxes per tax return. Notable years include 2015 with taxes at $2,894.03 and the peak in 2020 at $3,490.91. These shifts suggest a dynamic property tax environment potentially influencing investment decisions, cost of living, and property appraisals in the region. Understanding these changes can be crucial for investors, builders, real estate agents, and residents assessing financial commitments and market trends.
Percentage of Farm Returns in Cass County, IL Over the Last 10 Years
Farm tax returns in Cass County, Illinois, have seen a gradual decline over the past decade, going from approximately 5.41% in 2012 to about 4.72% in 2021. This trend suggests a slight reduction in the number of farm-related tax filings relative to other types of filings in the county. For potential investors or those looking to build property, this data may indicate a shifting economic landscape. If you're considering moving to or investing in Cass County, understanding these shifts could provide insights into local agricultural trends and the broader economic health of the area.
Number of Mortgages by Occupancy Type in Cass County, IL Over the Last 5 Years in Cass County
The number of mortgages for primary residences in Cass County, Illinois, has shown volatile change over the past five years, peaking in 2020 with a significant drop by 2022. Meanwhile, investment property mortgages and second residence mortgages have seen marginal fluctuations. These trends are worth noting for investors and potential homeowners, as they reflect underlying economic shifts and demand in the local housing market. Changes in occupancy type can provide insights into regional growth patterns and affect property valuations, insurance risk assessments, and market stability. For example, a high demand for primary residences may signal strong in-migration or local population growth, while fluctuations in investment property mortgages might indicate shifting economic or investment conditions. Understanding these dynamics can help stakeholders make informed decisions about where and how to allocate resources.
Economic Outlook
Over the past nine years, Cass County, Illinois, has seen a steady rise in average taxable income per tax return, hitting $56,995.11 in 2021. This economic upswing might signal a strengthening local economy and potentially higher real estate values. Meanwhile, average state and local income taxes have been volatile, peaking dramatically at $8,827.27 in 2020. Average total tax liability saw a recovery in recent years, with liabilities rising to $6,957.63 in 2020. These factors could be crucial... Read more
Average Taxable Income per Tax Return in Cass County, IL over the last 9 years
Over the past nine years, Cass County, Illinois, has seen a steady increase in the average taxable income per tax return, reaching $56,995.11 in 2021. This rise suggests an upward economic trend potentially attractive for investors, property developers, and new residents. The consistent growth could also indicate a strengthening local economy, contributing to increased financial stability and possibly boosting real estate values. However, potential fluctuations in future years should always be considered when making long-term investment decisions.
Average State and Local Income Taxes Per Tax Return in Cass County, IL Over the Last 10 Years
Over the last decade, Cass County, Illinois has seen significant fluctuations in average state and local income taxes per tax return. Starting from $4,682.72 in 2012, taxes peaked dramatically at $8,827.27 in 2020 and maintained a high of $8,663.64 in 2021. This volatility, especially the sharp increases in recent years, could impact financial planning and investment decisions for current and prospective residents.
Average Total Tax Liability Per Tax Return in Cass County, IL Over the Last 10 Years
Over the past decade, Cass County, Illinois has seen fluctuations in average total tax liability per tax return, with significant dips observed between 2017 and 2019, dropping to as low as around $5,816.12 in 2019. However, recent years have shown a recovery with liabilities rising to $6,957.63 in 2020 before slightly declining to $6,869.48 in 2021. These trends may suggest varying economic conditions affecting taxpayers and could be relevant for those considering financial planning, investment opportunities, or evaluating the economic climate in Cass County.
Cost of Living in Cass County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,010 | $1,303 | $2,409 | $1,058 | $1,283 |
| 1 adult 4 children | $1,010 | $1,064 | $1,846 | $1,058 | $1,323 |
| 2 adults 3 children | $1,010 | $1,064 | $2,088 | $1,058 | $1,050 |
| 1 adult 3 children | $1,010 | $869 | $1,525 | $1,058 | $1,068 |
| 2 adults 2 children | $774 | $871 | $1,767 | $959 | $932 |
| 1 adult 2 children | $774 | $651 | $1,204 | $959 | $833 |
| 2 adults 1 child | $774 | $689 | $1,446 | $640 | $899 |
| 1 adult 1 child | $774 | $445 | $884 | $640 | $719 |
| 2 adults | $588 | $553 | $1,126 | $0 | $705 |
| 1 adult | $531 | $302 | $563 | $0 | $558 |
Demographics
Cass County, Illinois exhibits a nearly even split between male and female adults, with a slight leaning towards females. Educational attainment skews heavily towards high school graduates, yet there is a significant portion with some college education but no degree. The age distribution suggests a diverse range from young children to elderly citizens, but the under-10 and over-75 age brackets are less populated than those in middle age. Racially, the county is predominantly White, followed by... Read more
Race Distribution in Cass County, Illinois (2022)
Educational Attainment in Cass County, Illinois (2022)
Age Distribution in Cass County, Illinois
Citizen Population in Cass County, Illinois (2022)
Political Trends & Data
Cass County, Illinois, observed a notable partisan tilt in the 2020 U.S. Presidential Election, with about 68% of votes going to the Republican Party while the Democratic Party received around 30%, indicating a strong but not overwhelming Republican influence. Third-party candidates, including Libertarian and Green parties, had minimal impact, barely surpassing 1% of the vote. This voting pattern may suggest a predominantly two-party system with limited third-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Cass County, Illinois, saw a significant lean towards the Republican Party in the 2020 U.S. Presidential Election, with close to 68% of the vote. The Democratic Party garnered around 30%, suggesting a strong but not dominant presence. Smaller parties, like the Libertarian and Green parties, captured minimal support, barely reaching above 1%. This distribution hints at a predominantly two-party system with limited impact from third-party candidates.
68.18% of voters voted for the Republican party in the 2020 Presidential Election
30.37% of voters voted for the Democrat party in the 2020 Presidential Election
0.94% of voters voted for the Livertarian party in the 2020 Presidential Election
0.32% of voters voted for the Green party in the 2020 Presidential Election
0.19% of voters voted for the Other party in the 2020 Presidential Election
School Data
Cass County, Illinois has shown interesting trends in its student-to-teacher ratio over the past nine years, initially hitting a high of 32 students per teacher in 2014 but now stabilizing around 14 to 16 students per teacher. This brings it in line with the national average and could suggest a trend towards smaller class sizes. For families and investors, these improvements in educational infrastructure could make the community more desirable, potentially impacting real estate market... Read more
Student-to-teacher ratio in Cass County, Illinois over the last 9 years
Over the past nine years, Cass County, Illinois has seen fluctuations in its student-to-teacher ratio, experiencing highs of 32 students per teacher in 2014 and more stable periods closer to the national average of 14. Despite some volatility, the recent ratios have been averaging around 14 to 16 students per teacher, suggesting a potential trend towards smaller class sizes. Comparatively, this places Cass County in line with the national average, which is an important consideration for families evaluating local education quality. Real estate agents and investors might find these figures encouraging, as stable or improving student-to-teacher ratios could signal a strengthening educational infrastructure, which often correlates with community desirability.
