Clark County Real Estate and Livability Trends
Clark County, Illinois has witnessed a 30% rise in median home values, jumping from $86,200 in 2015 to $112,400 in 2022, suggesting prospective investment opportunities due to relatively affordable housing. Real estate taxes per tax return have risen from $2,663.24 in 2012 to $3,433.33 in 2021, a notable trend for investors and homebuyers. Meanwhile, the average taxable income per tax return has... Read more
Clark County Market Trends
Clark County, Illinois has experienced a 30% increase in median home values from $86,200 in 2015 to $112,400 in 2022, suggesting potential investment opportunities due to relatively affordable housing compared to the state and national averages. The average residential energy tax credit per tax return peaked in 2020 at $625.00, signaling increased incentives for energy-efficient upgrades possibly... Read more
Median Value of Occupied Housing Units in Clark County, Illinois Over the Last 8 Years
Clark County, Illinois has seen a steady increase in median home values over the last eight years, rising from $86,200 in 2015 to $112,400 in 2022. This 30% increase highlights a potential investment opportunity as housing in this area remains relatively affordable compared to both Illinois' state average which has grown from $173,800 to $239,100 and the national average which has soared from $125,500 to $179,400 over the same period. For those looking to invest or move to Clark County, the lower median home values combined with consistent growth suggest that it might be a strategically sound choice for long-term property investments or relocation.
Residential Energy Tax Credit Per Tax Return in Clark County, IL Over the Last 8 Years
Over the past eight years in Clark County, Illinois, the average residential energy tax credit per tax return has fluctuated, with a notable peak in 2020 at $625.00. The general trend suggests an increase in incentives for energy-efficient improvements, especially with the significant jumps seen in 2019 and 2020. This could imply growing local initiatives or federal policies promoting energy savings, which might be of interest to new homeowners, real estate investors, or those considering upgrading properties for better energy efficiency. This data is crucial for appraisers and insurance agents as it may affect property values and risk assessments.
Average Real Estate Taxes Per Tax Return in Clark County, IL Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Clark County, Illinois have shown a consistent upward trend, increasing from approximately $2,663.24 in 2012 to around $3,433.33 in 2021. Notable jumps occurred between 2015 and 2016, where taxes rose by nearly $200, and again from 2017 to 2018 with an increase of over $200. This upward trajectory could be indicative of rising property values or changes in tax policy, and is an essential consideration for potential investors, homebuyers, and real estate professionals operating in the area.
Percentage of Farm Returns in Clark County, IL Over the Last 10 Years
Clark County, Illinois has experienced a fairly steady but slightly declining trend in farm tax returns over the past decade. Farm returns hovered around 7.5% of the total tax returns in 2013 but have inched down to roughly 6.8% by 2021. This trend might indicate a gradual shift away from farming as a primary income source or diversification of economic activities in the area. For those looking to invest, move to, or build property in Clark County, this could be a sign of an evolving economic landscape, offering new opportunities outside traditional agriculture.
Number of Mortgages by Occupancy Type in Clark County, IL Over the Last 5 Years in Clark County
Over the past five years in Clark County, Illinois, the number of mortgages for principal residences peaked in 2021 and then decreased in 2022, while investment property mortgages have steadily declined. This trend might indicate a cooling housing market or shifting economic conditions affecting buyer behavior. Changes in occupancy type are crucial for investors and real estate agents, as they reflect demand variations in different housing sectors. For appraisers and insurance agents, these trends can influence property values and risk assessments. Potential movers and developers can gauge where interest lies, helping shape decisions on where to build or invest.
Economic Outlook
Clark County, Illinois has witnessed a steady increase in average taxable income per tax return, climbing from roughly $49,350.13 in 2013 to about $64,434.58 by 2021. This trend signals a potentially expanding local economy. However, the average state and local income taxes per tax return have seen a significant rise, peaking at $7,938.89 in 2021, which could be due to higher incomes or increased tax rates. Additionally, the average total tax liability per return has fluctuated, reaching around... Read more
Average Taxable Income per Tax Return in Clark County, IL over the last 9 years
Clark County, Illinois has seen a steady increase in the average taxable income per tax return over the last nine years. Starting at approximately $49,350.13 in 2013, it climbed to about $64,434.58 by 2021. This consistent upward trend suggests a growing local economy, making it potentially attractive for investors. The notable jump in 2021 could indicate recovery or expansion, which might be of interest to those looking to move to or build property in the area.
Average State and Local Income Taxes Per Tax Return in Clark County, IL Over the Last 10 Years
Clark County, Illinois has seen fluctuations and a significant rise in average state and local income taxes per tax return over the last decade. Starting at $5,200.00 in 2012, there was a notable decrease in 2016 to $4,710.28 but then an upward trend leading to $7,938.89 in 2021. This spike suggests an increase in income or possibly tax rates, making it crucial for potential investors, residents, and property developers to factor in these higher tax liabilities when considering financial commitments in the area.
Average Total Tax Liability Per Tax Return in Clark County, IL Over the Last 10 Years
In Clark County, Illinois, the average total tax liability per tax return has shown notable fluctuations over the past decade. The tax liability ranged from a low of approximately $7,316.41 in 2018 to a high of around $8,865.51 in 2021. These variations may reflect changing economic conditions or policy adjustments, making it vital for potential investors and residents to consider tax liability trends when evaluating long-term financial commitments in the area.
Cost of Living in Clark County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,050 | $1,343 | $2,569 | $1,058 | $1,416 |
| 1 adult 4 children | $1,050 | $1,097 | $1,970 | $1,058 | $1,457 |
| 2 adults 3 children | $1,050 | $1,097 | $2,227 | $1,058 | $1,163 |
| 1 adult 3 children | $1,050 | $896 | $1,627 | $1,058 | $1,182 |
| 2 adults 2 children | $813 | $898 | $1,884 | $959 | $1,008 |
| 1 adult 2 children | $813 | $671 | $1,285 | $959 | $919 |
| 2 adults 1 child | $813 | $710 | $1,541 | $640 | $963 |
| 1 adult 1 child | $813 | $459 | $942 | $640 | $769 |
| 2 adults | $637 | $570 | $1,199 | $0 | $762 |
| 1 adult | $558 | $311 | $599 | $0 | $589 |
Demographics
The demographics of Clark County, Illinois, reveal a slight gender imbalance with a modestly higher female adult population. Educational attainment suggests a predominant completion of high school, though relatively fewer residents hold advanced degrees. Age-wise, the county's population distribution skews older, with a significant number of residents in the 55 to 64 age bracket. Racially, the county is predominantly White, with very limited diversity across other racial groups. These trends... Read more
Race Distribution in Clark County, Illinois (2022)
Educational Attainment in Clark County, Illinois (2022)
Age Distribution in Clark County, Illinois
Citizen Population in Clark County, Illinois (2022)
Political Trends & Data
Clark County, Illinois, seems to exhibit a significant preference for Republican candidates, as indicated by around 74.5% of the vote potentially going to the GOP in the 2020 U.S. Presidential Election. Democratic support appears to be relatively modest at about 23.9%, with Libertarian and Green parties drawing minimal backing at roughly 1.1% and 0.3%, respectively. Other minor parties collectively capture around 0.2% of the vote. This could point to a strong conservative inclination, though... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Clark County, Illinois, may show a notable tendency toward Republican candidates, as evidenced by approximately 74.5% of the vote potentially favoring the GOP in the 2020 U.S. Presidential Election. Democratic support appears limited at around 23.9%, with minimal backing for Libertarian and Green parties, making up about 1.1% and 0.3% respectively. Other parties seem even less influential, capturing just about 0.2% of the vote. This distribution could suggest a strong conservative leaning, but it's always possible that nuanced local factors play a role.
74.51% of voters voted for the Republican party in the 2020 Presidential Election
23.85% of voters voted for the Democrat party in the 2020 Presidential Election
1.14% 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
0.18% of voters voted for the Other party in the 2020 Presidential Election
School Data
Clark County, Illinois has seen a decline in its student-to-teacher ratio from 15 in 2014 to around 13 recently, with a dip to as low as 12. This trend suggests increased investment in education, potentially improving student outcomes and making the area more appealing for families, real estate agents, and appraisers. Additionally, compared to the national average of 14 students per teacher, Clark County’s lower ratio offers more personalized attention to students, potentially signaling a... Read more
Student-to-teacher ratio in Clark County, Illinois over the last 9 years
Clark County, Illinois has experienced a notable decline in its student-to-teacher ratio over the past nine years, decreasing from 15 students per teacher in 2014 to around 13 in recent years, with a dip to as low as 12. This trend suggests that the county might be investing more in education, potentially leading to better student outcomes. For potential investors, families considering a move, appraisers, and real estate agents, this could be a positive indicator of a community that values education. Insurance agents might also find these trends useful since lower student-to-teacher ratios often correlate with safer, more community-focused neighborhoods. Compared to the national average of 14 students per teacher, Clark County seems to offer more personalized attention to students, which could be an attractive feature for those prioritizing educational quality.
