Greene County Real Estate and Livability Trends
Greene County, Illinois is experiencing notable upward trends in average taxable income, rising from $45,507.63 in 2013 to $56,525.09 in 2021, possibly indicating improved economic stability. Median home values have climbed moderately from $76,000 in 2015 to $92,400 in 2022, suggesting the area remains a more affordable option compared to broader Illinois and national figures. Real estate taxes... Read more
Greene County Market Trends
Greene County, Illinois has seen moderate growth in median home values from $76,000 in 2015 to $92,400 in 2022, offering more affordable options compared to Illinois and national medians. Meanwhile, real estate taxes have risen notably, suggesting increasing property values and possibly growing demand. Fluctuating residential energy tax credits, especially a spike to $1,471.43 in 2020, may... Read more
Median Value of Occupied Housing Units in Greene County, Illinois Over the Last 8 Years
Greene County, Illinois has seen gradual but noteworthy growth in median home values over the past eight years, climbing from $76,000 in 2015 to $92,400 in 2022. This local rise, while steady, still lags behind the state and national medians, making Greene County an intriguing option for those seeking more affordable housing compared to the Illinois median of $239,100 and the national median of $179,400 in 2022. This slower appreciation rate might present solid opportunities for investors and homebuyers looking for lower entry points within Illinois.
Residential Energy Tax Credit Per Tax Return in Greene County, IL Over the Last 8 Years
Greene County, Illinois has experienced significant fluctuations in residential energy tax credits over the past eight years. Notably, from a high of $457.14 in 2015, the average credit dropped to $200.00 by 2017, potentially indicating shifts in energy efficiency investments or policy changes. However, a dramatic spike to $1,471.43 in 2020, followed by $1,300.00 in 2021, may suggest renewed initiatives or substantial upgrades in residential energy efficiency. For potential investors, property developers, or residents, these trends could hint at growing incentives and a supportive environment for sustainable energy practices in the area.
Average Real Estate Taxes Per Tax Return in Greene County, IL Over the Last 10 Years
Over the past decade, Greene County, Illinois has experienced a notable increase in average real estate taxes per tax return. Starting at approximately $2,272.06 in 2012, the average gradually climbed, with a more significant rise between 2017 and 2018, reaching $3,300.00. The most recent data from 2021 shows an average of $3,483.33. This upward trend hints at increasing property values and possibly heightened demand, making it a point of consideration for potential investors, homebuyers, and real estate professionals.
Percentage of Farm Returns in Greene County, IL Over the Last 10 Years
Over the last decade, Greene County, Illinois has observed fluctuating percentages in farm tax returns, ranging from approximately 8.10% to 9.15%. In 2021, the percentage was around 8.53%. Farm tax returns, which include deductions for equipment, feed, and seed, provide insight into the economic health and productivity of the county’s agricultural sector. Consistent or rising farm return percentages could be indicative of stable or growing agricultural activities, making this area potentially attractive for agribusiness investments or new farming ventures.
Number of Mortgages by Occupancy Type in Greene County, IL Over the Last 5 Years in Greene County
Over the past five years in Greene County, Illinois, the trend shows varying mortgage counts across different occupancy types. Notably, mortgages for principal residences peaked in 2021 with 398, suggesting a potentially heightened demand for permanent housing during that period. On the other hand, investment property mortgage counts have been relatively low and stable, indicating perhaps a cautious approach from investors or limited investment opportunities. Second residences remained insignificant with minimal counts; this could reflect a preference for more stable, long-term housing investments over vacation homes or secondary properties. Variations in occupancy type show shifts in housing demand and investment strategies, relevant for property developers, real estate agents, investors, and insurance agents assessing market viability and risk.
Economic Outlook
Greene County, Illinois has experienced a steady increase in average taxable income per tax return, climbing from $45,507.63 in 2013 to $56,525.09 in 2021. This upward trend suggests a possible improvement in economic stability or income levels among residents. Average state and local income taxes have shown significant fluctuations, but notably increased after 2017, hitting $6,414.29 in 2021. Total tax liability has also seen a sizable jump in recent years, with 2021 figures reaching $7015.98.... Read more
Average Taxable Income per Tax Return in Greene County, IL over the last 9 years
In the last nine years, Greene County, Illinois has seen a noticeable upward trend in the average taxable income per tax return, culminating most recently at $56,525.09 in 2021. Beginning at $45,507.63 in 2013, the gradual increases may suggest a growing economic stability or improved income levels among residents. For potential investors, residents, or property developers, this trajectory may imply an improving economic base and potentially better financial health in the community.
Average State and Local Income Taxes Per Tax Return in Greene County, IL Over the Last 10 Years
In Greene County, Illinois, the trend in average state and local income taxes per tax return over the past decade has shown significant fluctuations. After peaking at $5,020.83 in 2013, taxes saw a decline to a low of $4,043.10 in 2016. However, a notable increase occurred post-2017, with taxes reaching $6,414.29 in 2021. This upward trajectory could be indicative of rising income levels or changes in tax policy, making it a critical point of consideration for investors, potential property developers, and residents staying updated on financial trends in the area.
Average Total Tax Liability Per Tax Return in Greene County, IL Over the Last 10 Years
Over the past decade, Greene County, Illinois has seen some fluctuations in the average total tax liability per tax return. Notably, in 2021, the figure jumped to $7015.98, representing a significant increase from previous years. This is in contrast to lower points such as 2018's $5772.25. Such trends might indicate economic changes or evolving tax policies in the region, making it a crucial point of consideration for potential investors or new residents looking to understand the financial landscape of Greene County.
Cost of Living in Greene County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $960 | $1,259 | $2,449 | $1,058 | $1,294 |
| 1 adult 4 children | $960 | $1,028 | $1,877 | $1,058 | $1,338 |
| 2 adults 3 children | $960 | $1,028 | $2,122 | $1,058 | $1,060 |
| 1 adult 3 children | $960 | $839 | $1,551 | $1,058 | $1,082 |
| 2 adults 2 children | $789 | $842 | $1,796 | $959 | $963 |
| 1 adult 2 children | $789 | $629 | $1,224 | $959 | $876 |
| 2 adults 1 child | $789 | $665 | $1,470 | $640 | $928 |
| 1 adult 1 child | $789 | $430 | $898 | $640 | $749 |
| 2 adults | $599 | $534 | $1,144 | $0 | $731 |
| 1 adult | $541 | $292 | $572 | $0 | $581 |
Safety trends & Data
Greene County, Illinois has experienced a slight uptick in property crime over the past couple of years, with larceny-theft incidents doubling from one to two cases in 2022. Arson remains a minimal threat, with only a single report in 2022, while vandalism has also made a minor appearance with one incident last year. For potential investors or residents, keeping an eye on these trends might be crucial for understanding safety and property-related risks in the... Read more
Property Crime Trends in Greene County, IL Over the Last 2 Years
Property crime reports in Greene County, Illinois have shown some variability over the last two years. Larceny-theft seems notable with an increase from one case in 2021 to two in 2022. Arson incidents were minimal, with only one reported case in 2022. Additionally, vandalism also recorded its presence with one reported incident in 2022. For investors or residents, tracking such crime trends could be important for assessing safety and property-related risks.
Demographics
In Greene County, Illinois, the population slightly skews male, with nearly equal numbers of males and females. The adult population generally shows a high level of high school graduation, though fewer pursue higher education degrees. The age distribution indicates a significant portion of the population is middle-aged, particularly within the 45 to 64 years range. Mostly homogeneous in racial composition, the county is predominantly White, with very small representations from other racial... Read more
Race Distribution in Greene County, Illinois (2022)
Educational Attainment in Greene County, Illinois (2022)
Age Distribution in Greene County, Illinois
Citizen Population in Greene County, Illinois (2022)
Political Trends & Data
Greene County, Illinois, demonstrated a notable Republican dominance in recent elections, securing around 77% of the vote. The Democratic party trailed with approximately 22%, while third parties barely made a mark. This conservative tilt could shape local political approaches and policy... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Greene County, Illinois, exhibited a significant leaning towards the Republican party, which appeared to garner roughly 77% of the votes. The Democratic presence was considerably smaller, with about 22%. Third parties, including Libertarian and Green, seemed to make up a minimal fraction of the vote share, suggesting limited influence in this county. This trend may illustrate a strong conservative base in Greene County, potentially impacting local political strategies and policies.
76.60% of voters voted for the Republican party in the 2020 Presidential Election
21.66% of voters voted for the Democrat party in the 2020 Presidential Election
1.12% of voters voted for the Livertarian party in the 2020 Presidential Election
0.34% of voters voted for the Green party in the 2020 Presidential Election
0.27% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Greene County, Illinois has consistently been below the national average of 14 students per teacher for the past nine years, dropping to about 10 in 2023 from 13 in 2014. This trend hints at a potentially better learning environment due to smaller class sizes, which could attract families looking for quality education. For real estate stakeholders, these numbers suggest a community appealing to parents, impacting property values and desirability... Read more
Student-to-teacher ratio in Greene County, Illinois over the last 9 years
The student-to-teacher ratio in Greene County, Illinois has generally been below the national average of 14 students per teacher over the last nine years. In 2023, the ratio stands at approximately 10, down from 13 in 2014. This trend suggests a potentially better learning environment due to smaller class sizes, which could appeal to families considering moving to the area. For real estate agents and investors, these figures indicate a community potentially attractive to parents seeking quality education for their children. Similarly, appraisers and insurance agents might find this data useful when evaluating property values and risk, as strong educational metrics often contribute positively to neighborhood desirability.
