Crawford County Real Estate and Livability Trends
Crawford County, Illinois sees key real estate market trends shaped by economic factors, tax policies, and political leanings. Average taxable incomes per return have climbed, reaching $66,393.32 in 2021, possibly enticing investors despite peaks in state and local taxes. Home values rose to $108,200 in 2022, offering potential despite lagging behind broader averages. Increased energy tax credits... Read more
Crawford County Market Trends
Crawford County, Illinois has seen a gradual rise in median home values from $81,000 in 2015 to $108,200 in 2022, lagging behind the state and national averages but potentially offering higher returns due to slower growth. The average residential energy tax credit per tax return peaked at $1,183.33 in 2020, pointing to an increased focus on energy efficiency, which could boost property appeal.... Read more
Median Value of Occupied Housing Units in Crawford County, Illinois Over the Last 8 Years
Crawford County, Illinois has seen a steady incline in median home values over the last eight years, growing from $81,000 in 2015 to $108,200 in 2022. Although these property values significantly trail behind both the state of Illinois, which has reached $239,100 in 2022, and the national level, peaking at $179,400 in the same year, it could suggest potentially higher returns for investors due to the market's slower growth phase. This disparity offers a more affordable entry point for new homeowners or developers compared to the broader state and national markets.
Residential Energy Tax Credit Per Tax Return in Crawford County, IL Over the Last 8 Years
Over the past eight years, Crawford County, Illinois has seen fluctuating values in the average residential energy tax credit per tax return, with figures ranging from a low of $300.00 in 2017 to a high of $1,183.33 in 2020. This variability might indicate evolving investment patterns and potential uneven adoption of energy-efficient initiatives led by residents. Significant peaks in recent years could suggest increased incentives or a growing awareness of energy-saving benefits, which are essential factors for investors, property developers, and homeowners when considering the long-term value and sustainability of local real estate.
Average Real Estate Taxes Per Tax Return in Crawford County, IL Over the Last 10 Years
Over the past decade, Crawford County, Illinois has seen a notable upward trend in average real estate taxes per tax return. Starting at $2,632.00 in 2012 and increasing to $4,547.37 in 2021, the most significant spikes occurred in 2016 and 2018, hinting at potential increases in property values or changes in tax policies. This trend could be crucial for investors and homeowners as it suggests a pattern of rising costs associated with property ownership in the area.
Percentage of Farm Returns in Crawford County, IL Over the Last 10 Years
Farm tax returns in Crawford County, Illinois show a varying pattern over the last decade, fluctuating between 4.32% and 4.95%. The highest peak occurred in 2012 at 4.95%, while the lowest point was in 2020 at 4.32%. This trend highlights a potential inconsistency in farm profitability and agricultural investment returns, suggesting a mix of stable yet slightly volatile performance. For investors, property developers, or residents, this metric can offer insights into the local agricultural economy's health and potential for growth or investment opportunities.
Number of Mortgages by Occupancy Type in Crawford County, IL Over the Last 5 Years in Crawford County
Over the past five years in Crawford County, Illinois, mortgage activity for principal residences has largely dominated, with a noticeable uptick peaking in 2021 at 376 from 265 in 2018. Investment properties and second residences have seen relatively lower and more stable numbers. This shift in occupancy types might hint at changing local desirability and economic confidence, influencing property investments and insurance risks. This kind of data could guide investors, developers, and realtors in tailoring their strategies to match demand trends, potentially aligning with insurance assessments and appraisal values.
Economic Outlook
Crawford County, Illinois has experienced a steady rise in average taxable income per tax return, growing from $53,280.80 in 2013 to $66,393.32 in 2021. This trend suggests improved economic conditions that could attract investors and new residents. However, the local market has seen notable fluctuations in state and local income taxes, peaking at $9,140.91 in 2020, which might indicate broader economic shifts and policy changes impacting financial planning. Additionally, average total tax... Read more
Average Taxable Income per Tax Return in Crawford County, IL over the last 9 years
Crawford County, Illinois has seen a general uptick in its average taxable income per tax return over the past nine years. Starting at $53,280.80 in 2013, the figure exhibited steady growth, peaking at $66,393.32 in 2021. This trend may point toward rising earning potential and improved economic conditions in the county, which could be attractive to potential investors, new residents, or those considering building property in the area.
Average State and Local Income Taxes Per Tax Return in Crawford County, IL Over the Last 10 Years
Over the past decade, Crawford County, Illinois, has seen considerable fluctuations in average state and local income taxes per tax return, peaking at $9,140.91 in 2020. This volatility reflects broader economic shifts and policy changes that could affect financial planning and local market conditions. Property investors, potential residents, and business developers should take note of these trends when evaluating the area's economic stability and tax implications.
Average Total Tax Liability Per Tax Return in Crawford County, IL Over the Last 10 Years
Over the past decade, Crawford County, Illinois has shown fluctuations in average total tax liability per tax return, typically oscillating between $8,000.00 and $9,000.00. Notably, 2021 saw a spike to $9,774.62, potentially driven by changes in local economic conditions or taxation policies. For potential investors or residents, these variations might indicate an evolving fiscal landscape, which could impact long-term financial planning and property development strategies.
Cost of Living in Crawford County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $989 | $1,251 | $2,902 | $1,058 | $1,448 |
| 1 adult 4 children | $989 | $1,021 | $2,227 | $1,058 | $1,471 |
| 2 adults 3 children | $989 | $1,022 | $2,514 | $1,058 | $1,186 |
| 1 adult 3 children | $989 | $834 | $1,839 | $1,058 | $1,184 |
| 2 adults 2 children | $774 | $836 | $2,126 | $959 | $1,025 |
| 1 adult 2 children | $774 | $625 | $1,451 | $959 | $921 |
| 2 adults 1 child | $774 | $661 | $1,738 | $640 | $972 |
| 1 adult 1 child | $774 | $427 | $1,063 | $640 | $764 |
| 2 adults | $620 | $531 | $1,350 | $0 | $770 |
| 1 adult | $531 | $290 | $675 | $0 | $579 |
Demographics
Crawford County, Illinois, reveals notable gender disparities, skewing male. Educational attainment varies, with a significant chunk having a high school diploma or some college but no degree, underscoring potential workforce gaps for higher education qualifications. The age distribution highlights a balanced spread across working-age groups with a noticeable elderly demographic, which could have implications for services and healthcare infrastructure. Racially, the population is predominantly... Read more
Race Distribution in Crawford County, Illinois (2022)
Educational Attainment in Crawford County, Illinois (2022)
Age Distribution in Crawford County, Illinois
Citizen Population in Crawford County, Illinois (2022)
Political Trends & Data
Crawford County, Illinois, leans heavily Republican, with about 23% of votes going to Democrats in the 2020 U.S. Presidential Election. Libertarian and Green party support appears minimal, each capturing under 2%. This political landscape might impact local real estate trends, potentially affecting buyer behavior and community development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Crawford County, Illinois, the 2020 U.S. Presidential Election results show a strong leaning toward the Republican party, which possibly indicates a firm conservative base. Democrats garnered approximately 23%, suggesting a significant but smaller base. Libertarians and Green party supporters are likely minimal, with each securing less than 2% of the vote. This distribution could reflect broader regional political dynamics and local issues that resonate with the electorate.
74.73% of voters voted for the Republican party in the 2020 Presidential Election
23.36% of voters voted for the Democrat party in the 2020 Presidential Election
1.26% of voters voted for the Livertarian party in the 2020 Presidential Election
0.46% 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
Crawford County, Illinois has experienced a notable decline in the student-to-teacher ratio, dropping from 14:1 in 2014 to 11:1 in 2023. This trend toward smaller class sizes could make the area more appealing for families prioritizing personalized education. Investors, real estate agents, appraisers, and insurance agents might find this improvement in educational statistics attractive, potentially leading to stable or rising property values. Significantly, Crawford County's current ratio is... Read more
Student-to-teacher ratio in Crawford County, Illinois over the last 9 years
Over the past nine years, Crawford County, Illinois has seen a steady decline in the student-to-teacher ratio, dropping from 14 students per teacher in 2014 to 11 in 2023. This trend suggests smaller class sizes, which could be a draw for families prioritizing personalized education. Investors and real estate agents might find this appealing as it enhances the area's desirability for young families. Appraisers and insurance agents may also see stable or rising property values due to better educational statistics. For comparison, it's notable that Crawford County's current ratio is significantly below the national average of 14 students per teacher, potentially signaling a higher quality of education in the region.
