Douglas County Real Estate and Livability Trends
Douglas County, Illinois has experienced notable economic growth, reflected in an increase in average taxable income from $50,347.30 in 2013 to $67,274.95 in 2021. Median home values have climbed from $100,500 in 2015 to $137,100 in 2022, reflecting a steadily appreciating market that remains affordable compared to state and national medians. Property crime, including larceny-theft and vandalism,... Read more
Douglas County Market Trends
Douglas County, Illinois has seen median home values rise significantly from $100,500 in 2015 to $137,100 in 2022, suggesting consistent appreciation but still remaining far below state and national medians. There's been a notable increase in residential energy tax credits, peaking at $1,437.50 in 2020, indicating a growing investment in energy-efficient home improvements. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Douglas County, Illinois Over the Last 8 Years
Douglas County, Illinois has seen a steady increase in median home values over the past eight years, jumping to $137,100 in 2022 from $100,500 in 2015. While this rise is substantial, it's still significantly lower than the state and national medians for 2022, which are at $239,100 and $179,400 respectively. This lower median value could present an attractive opportunity for investors and buyers looking for more affordable housing in a market that's still experiencing consistent appreciation.
Residential Energy Tax Credit Per Tax Return in Douglas County, IL Over the Last 8 Years
Douglas County, Illinois has seen a fluctuating yet notable rise in the average residential energy tax credit per tax return over the last eight years, peaking at $1,437.50 in 2020. This upward trend suggests residents are increasingly investing in energy-efficient home improvements. For investors, this may indicate a growing local awareness and value in sustainable living, which could influence market demand. Appraisers and real estate agents might view this as a factor in property evaluations, while insurance agents could consider how these improvements might affect policy terms. For those building or buying property, this trend points to potential incentives for energy-efficient features.
Average Real Estate Taxes Per Tax Return in Douglas County, IL Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Douglas County, Illinois, generally increased, rising from $3,310.99 in 2012 to a peak of $4,641.94 in 2019 before a slight decline to $4,472.00 in 2021. This gradual increase indicates potentially rising property values or higher tax rates, relevant for investors, real estate agents, and newcomers, as it suggests a growing local economy albeit with potentially higher costs of property ownership. Estimators and insurance agents might take note of the fluctuations for more accurate financial planning and risk assessment.
Percentage of Farm Returns in Douglas County, IL Over the Last 10 Years
The percentage of farm tax returns in Douglas County, Illinois has shown a slight upward trend over the last decade, hovering around the 6.4% to 6.7% range. This data suggests that farming remains a significant part of the local economy. Farm tax returns are important because they reflect the financial health and viability of agricultural operations within the county, which can influence local investment opportunities, property values, and long-term economic planning. Investors, potential property buyers, and residents might find this information crucial when assessing the stability and growth potential of Douglas County’s agricultural sector.
Number of Mortgages by Occupancy Type in Douglas County, IL Over the Last 5 Years in Douglas County
Interest in mortgages for principal residences in Douglas County, Illinois has generally trended high, peaking in 2020 with 720 mortgages. Investment property loans have remained relatively stable, with slight fluctuations, while second residence mortgages have consistently been low. Changes in mortgage types can affect local real estate markets by altering property demand dynamics, potentially impacting property valuations and influencing decisions of investors, appraisers, insurance agents, and home builders. Observing these trends provides insights into how the area's housing market is evolving and can be pivotal for those planning to invest or move to Douglas County.
Economic Outlook
Douglas County, Illinois has witnessed a climb in average taxable income per tax return, from $50,347.30 in 2013 to $67,274.95 in 2021, hinting at economic growth that might lure investors and new residents. The rise in state and local income taxes, reaching $10,133.33 in 2021, reflects broader economic and policy changes that residents need to account for in their financial planning. Meanwhile, fluctuating total tax liabilities with a peak of $9,097.77 in 2021 suggest an expanding economic... Read more
Average Taxable Income per Tax Return in Douglas County, IL over the last 9 years
Douglas County, Illinois has experienced a noticeable increase in average taxable income per tax return over the past nine years, moving from $50,347.30 in 2013 to $67,274.95 in 2021. This trend suggests a general uptrend in economic prosperity for residents, which may attract investors and potential new residents seeking a financially growing community. The escalating income levels could also indicate a market ripe for real estate development and other economic opportunities.
Average State and Local Income Taxes Per Tax Return in Douglas County, IL Over the Last 10 Years
Over the past decade, the average state and local income taxes per tax return in Douglas County, Illinois have seen a substantial increase. The upward trajectory is notable, particularly after 2017, culminating in a significant jump to $10,133.33 in 2021. This rise indicates growing tax obligations for residents, reflecting broader economic and policy shifts within the region. For potential investors or new residents, this trend underscores the importance of considering tax implications when planning financial decisions in Douglas County.
Average Total Tax Liability Per Tax Return in Douglas County, IL Over the Last 10 Years
Over the last decade, Douglas County, Illinois has seen fluctuations in the average total tax liability per tax return, peaking at $9,097.77 in 2021 and dropping to a low of $7,166.67 in 2018. Despite this variability, there's a general upward trend, which may indicate a growing economic base or changes in tax policies. Investors and prospective residents might view this as a sign of economic vitality, though it also suggests careful consideration of future tax liabilities is crucial for long-term financial planning.
Cost of Living in Douglas County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,072 | $1,339 | $2,569 | $1,058 | $1,422 |
| 1 adult 4 children | $1,072 | $1,094 | $1,970 | $1,058 | $1,465 |
| 2 adults 3 children | $1,072 | $1,094 | $2,227 | $1,058 | $1,170 |
| 1 adult 3 children | $1,072 | $893 | $1,627 | $1,058 | $1,191 |
| 2 adults 2 children | $820 | $896 | $1,884 | $959 | $1,009 |
| 1 adult 2 children | $820 | $669 | $1,285 | $959 | $922 |
| 2 adults 1 child | $820 | $708 | $1,541 | $640 | $965 |
| 1 adult 1 child | $820 | $457 | $942 | $640 | $772 |
| 2 adults | $656 | $569 | $1,199 | $0 | $769 |
| 1 adult | $652 | $310 | $599 | $0 | $622 |
Safety trends & Data
Douglas County, Illinois, seems to have seen a rise in property crime over the past two years. In 2022, both larceny-theft and vandalism incidents increased to 6.0, compared to the relatively modest figures of the previous year. Instances of fraud also doubled, moving from 1.0 to 2.0, with motor vehicle theft and stolen property incidents newly appearing in records. These trends could imply emerging risks that might impact property investment decisions, insurance premiums, and real estate... Read more
Property Crime Trends in Douglas County, IL Over the Last 2 Years
Property crime in Douglas County, Illinois, appears to have seen a significant increase over the past two years, particularly in categories like larceny-theft and vandalism. In 2021, the county recorded only modest figures, but by 2022, larceny-theft cases rose to 6.0 and vandalism saw a similar rise to 6.0 incidents. Fraud incidents doubled from 1.0 to 2.0, while motor vehicle theft and incidents involving stolen property started appearing in the records. These trends might suggest emerging risks that could influence decisions on property investment, insurance premiums, and real estate appraisals in the county.
Demographics
Douglas County, Illinois shows a fairly balanced gender population with a slight female majority. The educational landscape suggests a strong emphasis on high school completion, though a significant number of adults have pursued some form of higher education. The age distribution highlights a well-represented older population, potentially indicating a need for increased healthcare and senior services. The racial composition remains predominantly White, with very small percentages of other... Read more
Race Distribution in Douglas County, Illinois (2022)
Educational Attainment in Douglas County, Illinois (2022)
Age Distribution in Douglas County, Illinois
Citizen Population in Douglas County, Illinois (2022)
Political Trends & Data
Douglas County, Illinois, exhibited a notable Republican majority during the 2020 U.S. Presidential Election, with around 71% of votes favoring the GOP. Democrats lagged, capturing roughly 27%, while minor parties like the Libertarian and Green parties barely reached a combined 2%. This Republican dominance might be indicative of the county’s broader political and cultural inclinations, resonant with rural regions across... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Douglas County, Illinois, saw a strong Republican lean in the 2020 U.S. Presidential Election, with roughly 71% of the vote going to the GOP. Democrats garnered about 27%, significantly trailing their rivals. Minor parties like the Libertarian and Green parties received minimal support, each securing less than 2% of the vote combined. This voting pattern suggests a heavily Republican preference among Douglas County's electorate, potentially reflecting broader political and cultural trends in rural Illinois areas.
71.26% of voters voted for the Republican party in the 2020 Presidential Election
26.72% of voters voted for the Democrat party in the 2020 Presidential Election
1.36% of voters voted for the Livertarian party in the 2020 Presidential Election
0.49% of voters voted for the Green party in the 2020 Presidential Election
0.16% of voters voted for the Other party in the 2020 Presidential Election
School Data
Douglas County, Illinois has seen shifting student-to-teacher ratios over the past nine years, with a peak of about 15 in 2017 and a recent drop to around 13. These fluctuations can influence how potential homebuyers and real estate professionals view the local education quality and resource allocation. Generally hovering near the national average of 14, the ratios suggest less classroom crowding, which might be a positive indicator for property appraisers and insurance agents evaluating the... Read more
Student-to-teacher ratio in Douglas County, Illinois over the last 9 years
Douglas County, Illinois has experienced fluctuating student-to-teacher ratios over the past nine years, peaking at about 15 in 2017 and dropping to approximately 13 in recent years. This variability has some implications for evaluating educational quality and resources, particularly for potential homebuyers and real estate agents who might see these ratios as a reflection of localized educational investment. Notably, the student-to-teacher ratio in Douglas County has generally hovered around or slightly below the national average of 14, suggesting that classroom crowding is not a significant issue compared to other regions. Appraisers and insurance agents might also consider these ratios when assessing the desirability and valuation of properties within the county.
