DeKalb County Real Estate and Livability Trends
DeKalb County, Illinois has seen a noteworthy increase in average taxable income, rising from $53,642.85 in 2013 to $70,821.98 in 2021, indicating potential economic growth. However, with state and local taxes per return also climbing from $4,590.80 to $6,772.17, homeowners' disposable income might be impacted. Median home values rose from $165,200 in 2015 to $218,600 in 2022, reflecting broader... Read more
DeKalb County Market Trends
In DeKalb County, Illinois, median home values climbed from $165,200 in 2015 to $218,600 in 2022, mirroring state-wide increases but at a more modest rate. This could suggest a more stable, albeit less intense, local market. Residential energy tax credits have also fluctuated, peaking dramatically at $2,342.86 in 2018, pointing to possible spikes in energy-efficient upgrades. Meanwhile, real... Read more
Median Value of Occupied Housing Units in DeKalb County, Illinois Over the Last 8 Years
In DeKalb County, Illinois, median home values have seen an upward trajectory from $165,200 in 2015 to $218,600 in 2022. While this growth aligns with the broader trends in Illinois, where the median home value increased from $173,800 to $239,100 over the same period, DeKalb County's growth rate appears slightly more modest. This matters for investors and prospective homeowners as the local increase may suggest a stable but less intense market compared to the rapid appreciation seen statewide and at the national level, where median values jumped from $125,500 to $179,400. This environment might present relatively affordable entry points in comparison to more accelerated regions.
Residential Energy Tax Credit Per Tax Return in DeKalb County, IL Over the Last 9 Years
Residential energy tax credits in DeKalb County, Illinois, have shown significant volatility over the past nine years. Starting in 2013 with an average of $220.18 per tax return, there was a steady incremental rise reaching $526.09 by 2017. However, 2018 saw a dramatic surge to $2342.86, likely indicating a spike in energy-efficient investments or heightened awareness of tax credit programs. The credits have since tapered off but remained relatively high, with figures like $973.42 in 2021. Investors, builders, and real estate professionals might find these trends indicative of a growing local interest in energy-efficient upgrades, which could influence property values and demand in the region.
Average Real Estate Taxes Per Tax Return in DeKalb County, IL Over the Last 10 Years
Over the past decade, DeKalb County, Illinois has witnessed a steady increase in average real estate taxes per tax return, with values climbing from $5,401.44 in 2012 to $7,171.48 in 2021. This upward trend in property tax rates may suggest shifts in local government funding needs or changes in property valuations. For investors and potential homeowners, it's essential to factor in these escalating costs when budgeting for property investments. Real estate agents, appraisers, and insurance professionals operating in the area should be mindful of these changes as they could impact property affordability and client advisories.
Percentage of Farm Returns in DeKalb County, IL Over the Last 10 Years
The percentage of farm tax returns in DeKalb County, Illinois has shown a gradual but notable decline over the past decade. Starting at roughly 1.82% in 2012, it dipped to about 1.55% by 2021. This trend suggests a potential shift in the county's agricultural economic landscape, indicating either a decrease in farming activities or changes in the way farm incomes are reported to tax authorities. For investors, builders, and residents, understanding these shifts could be crucial for making informed decisions, as they might hint at broader economic or demographic changes in the area.
Number of Mortgages by Occupancy Type in DeKalb County, IL Over the Last 5 Years in DeKalb County
Mortgage trends in DeKalb County, Illinois, reveal noteworthy shifts from 2018 to 2022 that might impact various stakeholders. Investment property mortgages peaked in 2021 at 428, suggesting a temporary surge in real estate investment interests. Conversely, principal residences far outnumber other occupancy types, often by thousands, indicating a steady demand from homebuyers. Notably, mortgages for second residences remain minimal, showing limited interest in secondary homes. For investors, builders, and real estate agents, these patterns can signal market health and investment potential. Appraisers and insurance agents, understanding these dynamics, can fine-tune property valuations and risk assessments.
Economic Outlook
DeKalb County, Illinois has seen a discernible rise in average taxable income per tax return, jumping from $53,642.85 in 2013 to $70,821.98 in 2021. This trend might indicate economic growth and increasing affluence, making it promising for investors and families. However, significant increases in state and local income taxes per tax return, notably from $4,590.80 in 2012 to $6,772.17 in 2021, suggest growing fiscal demands, impacting disposable income and living costs. Additionally, average... Read more
Average Taxable Income per Tax Return in DeKalb County, IL over the last 9 years
Over the past nine years, DeKalb County, Illinois has seen a generally upward trend in average taxable income per tax return, moving from $53,642.85 in 2013 to a notable $70,821.98 in 2021. This rise indicates potential economic growth and increasing affluence in the area, making it an attractive prospect for investors and families. Such a pattern might reflect a stronger economy, higher wages, or increased employment opportunities, which could be promising for anyone considering a move, investment, or development in the region.
Average State and Local Income Taxes Per Tax Return in DeKalb County, IL Over the Last 10 Years
DeKalb County, Illinois has seen significant increases in average state and local income taxes per tax return over the past decade, with a notable jump from $4,590.80 in 2012 to $6,772.17 in 2021. The most dramatic rises occurred between 2017 and 2019, where values surged from $4,698.68 to $6,765.70. This pattern suggests growing fiscal demands which could impact disposable income and living costs, critical considerations for prospective investors, new residents, and property developers.
Average Total Tax Liability Per Tax Return in DeKalb County, IL Over the Last 10 Years
In DeKalb County, Illinois, the average total tax liability per tax return has shown notable fluctuations over the past decade. While the tax liability hovered around the $8,200-$9,000 range from 2012 to 2020, 2021 saw a significant spike, reaching $10,262.40. This increase might intrigue both current and prospective residents or investors, as it could reflect broader economic changes, shifts in income levels, or modifications in local tax policies.
Cost of Living in DeKalb County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,560 | $1,568 | $2,461 | $2,027 | $2,067 |
| 1 adult 4 children | $1,560 | $1,281 | $1,894 | $2,027 | $2,117 |
| 2 adults 3 children | $1,560 | $1,281 | $2,129 | $2,027 | $1,766 |
| 1 adult 3 children | $1,560 | $1,046 | $1,562 | $2,027 | $1,837 |
| 2 adults 2 children | $1,098 | $1,049 | $1,797 | $1,806 | $1,367 |
| 1 adult 2 children | $1,098 | $783 | $1,230 | $1,806 | $1,365 |
| 2 adults 1 child | $1,098 | $829 | $1,465 | $1,089 | $1,157 |
| 1 adult 1 child | $1,098 | $535 | $898 | $1,089 | $1,018 |
| 2 adults | $846 | $666 | $1,133 | $0 | $830 |
| 1 adult | $734 | $363 | $566 | $0 | $628 |
Safety trends & Data
DeKalb County, Illinois has experienced interesting shifts in property crime trends over the last two years. Larceny-theft incidents rose from 138 in 2021 to 167 in 2022, while vandalism saw a notable drop from 86 to 55 in the same period, possibly reflecting improved community measures or law enforcement. Arson cases have decreased slightly, but new incidents of motor vehicle theft and embezzlement emerged in 2022 with one each. These trends might shape decisions on property investment and... Read more
Property Crime Trends in DeKalb County, IL Over the Last 2 Years
DeKalb County, Illinois has seen varied property crime trends over the last two years, with a notable rise in larceny-theft, increasing from 138 incidents in 2021 to 167 in 2022. Vandalism showed a significant decrease, dropping from 86 cases in 2021 to 55 in 2022, which could be indicative of improved community measures or law enforcement effectiveness. Interestingly, while arson cases decreased from 3 in 2021 to just 1 in 2022, motor vehicle theft and embezzlement made an appearance in 2022 with 1 incident each, having no recorded instances the prior year. For those evaluating DeKalb for investment or residency, the shift in certain crime categories may influence decisions on property security and local engagement.
Demographics
DeKalb County, Illinois shows a fairly balanced gender distribution with slightly more females than males. Educational attainment reveals a significant number of residents having completed high school or some college, though a notable portion holds bachelor's and graduate degrees, which could hint at a relatively educated populace. In terms of age distribution, there is a youthful skew with a substantial proportion of the population in the 20 to 34 years range, perhaps due to the presence of... Read more
Race Distribution in DeKalb County, Illinois (2022)
Educational Attainment in DeKalb County, Illinois (2022)
Age Distribution in DeKalb County, Illinois
Citizen Population in DeKalb County, Illinois (2022)
Political Trends & Data
In DeKalb County, Illinois, the 2020 U.S. Presidential Election results suggested a competitive political landscape, with Democrats potentially securing just over 51% of the votes and Republicans around 46%. Minor parties, including Libertarians and Greens, received less than 2% of the total votes, hinting that even small shifts in voter allegiance might influence outcomes in local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In DeKalb County, Illinois, the 2020 U.S. Presidential Election saw Democrats possibly gaining a slight edge with just over 51% of the votes, while Republicans may have secured around 46%. Minor parties, including the Libertarians and Greens, appear to have garnered minimal support, with each drawing less than 2% of the total votes. This distribution might suggest a potentially competitive political landscape in the county, indicating that local elections could be influenced by small shifts in voter allegiance.
45.80% of voters voted for the Republican party in the 2020 Presidential Election
51.53% of voters voted for the Democrat party in the 2020 Presidential Election
1.64% of voters voted for the Livertarian party in the 2020 Presidential Election
0.69% of voters voted for the Green party in the 2020 Presidential Election
0.34% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past nine years, DeKalb County, Illinois has experienced a decline in its student-to-teacher ratio, reaching as low as 12 in 2022 before slightly rising to 13 in 2023. This trend might be appealing to families prioritizing education, as the current ratio is below the national average of 14. A better student-to-teacher ratio can often signal enhanced educational attention, potentially driving interest from investors, residents, and real estate... Read more
Student-to-teacher ratio in Dekalb County, Illinois over the last 9 years
Over the past nine years, DeKalb County, Illinois has seen its student-to-teacher ratio fluctuate, with notable decreases in recent years. Starting at 16 students per teacher in 2014, the ratio dropped to 14 in 2015 and hovered around this level for several years until it significantly fell to 12 in 2022, slightly increasing to 13 in 2023. These changes could be important for investors, residents, and professionals involved in real estate, as a lower student-to-teacher ratio often signals better educational attention for students, potentially making the area more attractive to families. Since the national average is 14, DeKalb County's current below-average ratio might entice those prioritizing quality education.
