Edwards County Real Estate and Livability Trends
Edwards County, Illinois has seen a rise in median home values from $69,300 in 2015 to $92,700 in 2022, making it a potentially lucrative spot for investment. Real estate tax fluctuations, peaking at $3,885.71 in 2018 and dropping to $2,660.00 by 2021, may reflect changing property valuations or local budget dynamics. Notably, the student-to-teacher ratio has improved from 16:1 in 2014 to around... Read more
Edwards County Market Trends
Edwards County, Illinois has seen its median home values rise from $69,300 in 2015 to $92,700 in 2022, though this growth trails behind broader trends in both Illinois and nationwide. The relatively lower median home values suggest potential for future appreciation, making the county an attractive spot for those looking to invest or relocate. Real estate taxes per return increased significantly... Read more
Median Value of Occupied Housing Units in Edwards County, Illinois Over the Last 8 Years
Over the past eight years, Edwards County, Illinois has seen a steady increase in the median value of occupied housing units, climbing from $69,300 in 2015 to $92,700 in 2022. This local growth trend, though positive, lags behind the broader trends in Illinois, where median home values jumped from $173,800 to $239,100, and nationwide, where values rose from $125,500 to $179,400 during the same period. For those looking to invest or relocate, the relatively lower median home values in Edwards County suggest potential for appreciating future value, especially when compared to the steeper increases seen statewide and nationally. This may present an attractive opportunity for those looking to get more value for their investment in this region.
Residential Energy Tax Credit Per Tax Return in Edwards County, IL Over the Last 4 Years
Edwards County, Illinois has seen fluctuations in the average residential energy tax credit per tax return over the last few years. From $1,000.00 in 2013, the credit rose to $1,100.00 in 2014 before experiencing a significant dip to approximately $666.67 in 2015. By 2016, it rebounded to around $933.33. Potential investors and homeowners might view these variations as indicative of changing incentives or energy efficiency trends in the area. For appraisers and insurance agents, understanding these patterns is crucial when evaluating property value and risk.
Average Real Estate Taxes Per Tax Return in Edwards County, IL Over the Last 10 Years
Over the last decade, real estate taxes per return in Edwards County, Illinois, have shown a notable increase from $2,115.79 in 2012 to a peak of $3,885.71 in 2018, before trending downward to $2,660.00 in 2021. This flux could indicate varying local government budgets, property values, or assessment methods. Individuals keen on investing, moving to, or evaluating property in Edwards County should consider these changing tax rates for informed decision-making. For real estate agents and insurance agents alike, understanding these trends could be crucial for advising clients accurately.
Percentage of Farm Returns in Edwards County, IL Over the Last 10 Years
Over the last decade, farm tax returns in Edwards County, Illinois have shown a slight decline, starting at around 10.30% in 2012 and dropping to approximately 8.85% by 2021. Notable fluctuations occurred, such as a peak at roughly 10.42% in 2018. Farm tax returns reflect the percentage of tax filings from agricultural activities, a useful indicator of the farming sector's economic health. For those considering investments, property development, or relocation, this trend could signal a gradual reduction in active farming operations within the county, potentially impacting local economy and land use.
Number of Mortgages by Occupancy Type in Edwards County, IL Over the Last 5 Years in Edwards County
Edwards County, Illinois has experienced significant fluctuations in the number of mortgages for principal residences over the last five years, peaking at 133 in 2020. Investment properties have remained relatively minimal in activity, with numbers fluctuating between 1 to 5 annually, while second residences are nearly negligible. These shifts matter because they're indicative of the area's residential demand and investment potential; a spike in principal residence mortgages could signal increased interest in settling down in the area, advantageous for real estate agents, appraisers, and those planning to build or move here. Understanding these occupancy trends helps insurance agents assess risk and coverage needs, and investors gauge market stability.
Economic Outlook
Edwards County, Illinois has seen a notable upward trend in average taxable income per tax return over the last nine years, starting at $48,587.50 in 2013 and peaking at $61,443.71 in 2021. Interestingly, average state and local income taxes have fluctuated, beginning at $4,497.56 in 2012, dipping to $3,990.32 in 2016, and peaking at $6,440.00 in 2019, likely reflecting broader economic and policy shifts. Additionally, the average total tax liability per tax return has gradually increased,... Read more
Average Taxable Income per Tax Return in Edwards County, IL over the last 9 years
Edwards County, Illinois has seen a notable upward trend in average taxable income per tax return over the last nine years. Starting at $48,587.50 in 2013, the income figures exhibit a general increase, peaking at $61,443.71 in 2021. This upward momentum suggests growing economic stability and potentially higher disposable incomes for residents, which could be attractive for investors and those looking to move to or build property in the area.
Average State and Local Income Taxes Per Tax Return in Edwards County, IL Over the Last 10 Years
In Edwards County, Illinois, average state and local income taxes per tax return have seen a noticeable fluctuation over the past decade. Starting at $4497.56 in 2012, there was an initial increase followed by a dip to $3990.32 in 2016. A significant uptick emerged in 2018, peaking at $6440.00 in 2019, reflecting economic trends and possibly policy changes. This makes understanding tax obligations crucial for potential investors and current residents.
Average Total Tax Liability Per Tax Return in Edwards County, IL Over the Last 10 Years
Edwards County, Illinois has seen a fluctuating yet gradually increasing average total tax liability per tax return over the past decade. Starting at $6,273.57 in 2012, there were minor dips and rises but the number reached a notable peak of $7,427.59 in 2021. This upward trend suggests a potential increase in income or property values, which could imply a more prosperous local economy. Investors and new residents may find these trends indicative of growing opportunities, but should consider the corresponding rise in tax liabilities.
Cost of Living in Edwards County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,017 | $1,267 | $2,902 | $1,058 | $1,509 |
| 1 adult 4 children | $1,017 | $1,035 | $2,227 | $1,058 | $1,539 |
| 2 adults 3 children | $1,017 | $1,035 | $2,514 | $1,058 | $1,241 |
| 1 adult 3 children | $1,017 | $845 | $1,839 | $1,058 | $1,246 |
| 2 adults 2 children | $774 | $847 | $2,126 | $959 | $1,054 |
| 1 adult 2 children | $774 | $633 | $1,451 | $959 | $962 |
| 2 adults 1 child | $774 | $670 | $1,738 | $640 | $999 |
| 1 adult 1 child | $774 | $432 | $1,063 | $640 | $789 |
| 2 adults | $651 | $538 | $1,350 | $0 | $804 |
| 1 adult | $531 | $293 | $675 | $0 | $599 |
Demographics
Edwards County, Illinois shows a slight gender balance with females making up a marginally larger portion of the population. The educational attainment highlights a significant portion of the population having a high school diploma, whereas fewer individuals hold a bachelor's degree or higher. Age distribution skews towards a more mature populace, with a noticeable chunk of residents over 55 years. The racial composition is predominantly White, with minimal representation from other racial... Read more
Race Distribution in Edwards County, Illinois (2022)
Educational Attainment in Edwards County, Illinois (2022)
Age Distribution in Edwards County, Illinois
Citizen Population in Edwards County, Illinois (2022)
Political Trends & Data
Edwards County, Illinois is strongly Republican, with about 84% of votes favoring the GOP in the presidential election, compared to around 15% for Democrats. Libertarians and Greens barely make a dent, each earning less than 1%. This indicates a notable two-party dominance skewed towards Republicans, potentially shaping the local political landscape and influencing regional... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Edwards County, Illinois, shows a heavy tilt towards the Republican party, with roughly 84% of the vote, while Democrats secured nearly 15%. Support for Libertarian and Green parties remains minimal, each garnering less than 1% of the vote. Other parties barely register, suggesting a strong two-party dominance, with Republicans particularly dominant.
84.17% of voters voted for the Republican party in the 2020 Presidential Election
14.50% of voters voted for the Democrat party in the 2020 Presidential Election
0.92% of voters voted for the Livertarian party in the 2020 Presidential Election
0.27% of voters voted for the Green party in the 2020 Presidential Election
0.15% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Edwards County, Illinois, the student-to-teacher ratio has steadily decreased over the past nine years, dropping from 16 students per teacher in 2014 to around 12 in 2023. This lower ratio suggests a more personalized educational experience, standing out compared to the national average of 14 students per teacher. Such educational quality improvements could signal increased housing demand, potentially driving up property appraisals and making the area more appealing to families valuing... Read more
Student-to-teacher ratio in Edwards County, Illinois over the last 9 years
Over the last nine years, the student-to-teacher ratio in Edwards County, Illinois has shown a general downward trend from 16 students per teacher in 2014 to around 12 in 2023, dipping as low as 11 in 2022. This shift suggests a more individualized educational experience compared to the national average, which hovers around 14 students per teacher. For investors, appraisers, and real estate agents, these changes could hint at an increased appeal of the local school system, potentially driving demand for housing. Lower ratios might also influence appraisals positively and make properties here more attractive to families prioritizing education. For insurance agents, this trend could indicate a stable community environment favorable for premium assessment. Ultimately, the declining student-to-teacher ratio might make Edwards County a more attractive option for those looking to move to or invest in Illinois.
