Jefferson County Real Estate and Livability Trends
Jefferson County, Illinois, has seen a jump in average taxable income from $48,234.71 in 2013 to $60,906.65 in 2021, coupled with a stark rise in state and local income taxes, reaching $10,857.50 in 2021. Median home values climbed from $87,300 in 2015 to $115,000 in 2022, still lower than state and national levels, potentially making it ripe for affordable investments. The average real estate... Read more
Jefferson County Market Trends
The median home value in Jefferson County, Illinois has increased from $87,300 in 2015 to $115,000 in 2022, reflecting broader trends but still underperforming compared to state and national medians, which might attract investors seeking affordability. Residential energy tax credits in the county have shown significant variability over the past nine years, with notable spikes in 2018 and 2019,... Read more
Median Value of Occupied Housing Units in Jefferson County, Illinois Over the Last 8 Years
The median home value in Jefferson County, Illinois has shown a steady increase over the past eight years, from $87,300 in 2015 to $115,000 in 2022. While this growth trajectory mirrors the upward trends at the state and national levels, Jefferson County's home values remain significantly lower. In comparison, the state median value in 2022 was $239,100, and the national median hit $179,400. This could present an opportunity for investors or homebuyers looking for more affordable housing with the potential for appreciation in Jefferson County.
Residential Energy Tax Credit Per Tax Return in Jefferson County, IL Over the Last 9 Years
Jefferson County, Illinois has seen notable fluctuations in residential energy tax credits over the past nine years, with occasional dramatic spikes such as in 2018 at $2800.00 and a significant jump in 2019 to $1464.29. These ups and downs might reflect changing state or federal incentives for energy-efficient home improvements or fluctuations in homeowners' participation in such programs. This variability can impact appraisals and property values, lending insight to prospective investors or residents on the area's commitment to sustainable living and potential for energy-related savings.
Average Real Estate Taxes Per Tax Return in Jefferson County, IL Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in Jefferson County, Illinois have seen a progressive increase, nearly doubling from $3,045.80 in 2012 to $5,665.85 in 2021. There were notable jumps around 2016 and an even steeper rise starting in 2018. This upward trajectory in tax rates likely reflects broader economic or policy shifts, potentially impacting investment decisions, property valuations, and housing affordability in the county. For those considering living or doing business here, these trends suggest a need to evaluate the tax implications carefully.
Percentage of Farm Returns in Jefferson County, IL Over the Last 10 Years
The percentage of farm tax returns in Jefferson County, Illinois, seems to have shown slight fluctuations over the last decade. Starting around 5.60% in 2012, there's been a general trend of minor decreases, dipping to a low of about 5.01% in 2020 before a slight increase to approximately 5.18% in 2021. Farm tax returns, essentially the filings by agricultural businesses for tax purposes, can offer insights into the health and activity level of the local agricultural sector. Investors, potential residents, and developers might find these trends significant as they could reflect broader economic conditions impacting rural land use, agricultural profitability, and investment opportunities in the area.
Number of Mortgages by Occupancy Type in Jefferson County, IL Over the Last 5 Years in Jefferson County
Over the last five years in Jefferson County, Illinois, the number of mortgages for principal residences has shown significant fluctuation, peaking in 2021 at 1,432 before declining to 989 in 2022. Investment property mortgages saw a more modest range, with a slight decline from 44 in 2020 to 22 in 2022. Mortgages for second residences remained consistently low, never surpassing 11 per year. These shifts in occupancy type are relevant for potential investors and real estate agents as they reflect market demand and stability. Appraisers and insurance agents may be particularly interested in the dip in principal residence mortgages, signaling possible changes in buyer preferences or economic conditions. Such trends can influence property values, risk assessments, and the overall attractiveness of the county for new developments.
Economic Outlook
Jefferson County, Illinois, has experienced a steady rise in average taxable income per tax return, growing from approximately $48,234.71 in 2013 to around $60,906.65 in 2021, indicating gradual economic improvement which could be appealing for potential investors or movers. The county has also faced significant fluctuation in average state and local income taxes; while they dipped to about $4,988.37 in 2016, they spiked sharply to $10,857.50 in 2021. Alongside this, the average total tax... Read more
Average Taxable Income per Tax Return in Jefferson County, IL over the last 9 years
Jefferson County, Illinois, has seen a relatively steady increase in average taxable income per tax return over the past nine years, rising from approximately $48,234.71 in 2013 to about $60,906.65 in 2021. This trend suggests a gradual economic improvement, making it potentially attractive for those considering investment or a move to the area. The notable jump in 2021 may reflect broader economic recovery or specific developments within the county.
Average State and Local Income Taxes Per Tax Return in Jefferson County, IL Over the Last 10 Years
Over the past decade, Jefferson County, Illinois has seen a notable fluctuation in average state and local income taxes per tax return. From 2012 to 2016, there was a general decline, dropping from about $5961.90 to a low of $4988.37 in 2016. However, starting in 2018, there was a sharp increase, peaking in 2021 at $10857.50. This trend highlights a significant rise in tax burdens recently, which could impact those looking to invest, relocate, or build in the area, indicating a growing financial oversight in the county.
Average Total Tax Liability Per Tax Return in Jefferson County, IL Over the Last 10 Years
Over the last decade in Jefferson County, Illinois, the average total tax liability per tax return has generally shown moderate fluctuations, with notable peaks around $8,046.96 in 2017 and a significant rise to $8,710.61 in 2021. This suggests variable but upward trends in tax liabilities that may be influenced by changes in property values, local economic conditions, and adjustments in tax policies. Investors and potential homeowners might view these trends as indicators of the county's evolving fiscal landscape, which can have implications for real estate investment decisions and long-term financial planning.
Cost of Living in Jefferson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,064 | $1,343 | $2,902 | $1,058 | $1,516 |
| 1 adult 4 children | $1,064 | $1,097 | $2,227 | $1,058 | $1,537 |
| 2 adults 3 children | $1,064 | $1,097 | $2,514 | $1,058 | $1,243 |
| 1 adult 3 children | $1,064 | $896 | $1,839 | $1,058 | $1,241 |
| 2 adults 2 children | $851 | $898 | $2,126 | $959 | $1,064 |
| 1 adult 2 children | $851 | $671 | $1,451 | $959 | $970 |
| 2 adults 1 child | $851 | $710 | $1,738 | $640 | $1,008 |
| 1 adult 1 child | $851 | $459 | $1,063 | $640 | $795 |
| 2 adults | $647 | $570 | $1,350 | $0 | $787 |
| 1 adult | $642 | $311 | $675 | $0 | $621 |
Safety trends & Data
Property crime in Jefferson County, Illinois, has remained low over the past two years, making it potentially attractive for investors and new residents. In 2021, only one larceny-theft incident was reported, consistent with 2022, which also saw single instances of motor vehicle theft and vandalism. This low frequency of property crime could be appealing for real estate and property development... Read more
Property Crime Trends in Jefferson County, IL Over the Last 2 Years
Property crime trends in Jefferson County, Illinois, over the past two years indicate relatively low levels of larceny-theft, motor vehicle theft, and vandalism. In 2021, just one incident of larceny-theft was recorded, staying consistent in 2022. However, 2022 saw the introduction of both motor vehicle theft and vandalism, each with one occurrence. These numbers suggest that while property crime does exist in the county, it happens at a seemingly low frequency, potentially appealing to investors, new residents, or those involved in real estate and property development.
Demographics
In Jefferson County, Illinois, the adult population sees a slight majority of males over females, hinting at a balanced gender distribution. Educational attainment reveals a strong emphasis on high school completion, with a significant number also having some college education. Age distribution shows a fairly even spread across various age groups, with notable population clusters in both younger and older age brackets. The racial makeup is predominantly White, with smaller representations from... Read more
Race Distribution in Jefferson County, Illinois (2022)
Educational Attainment in Jefferson County, Illinois (2022)
Age Distribution in Jefferson County, Illinois
Citizen Population in Jefferson County, Illinois (2022)
Political Trends & Data
Jefferson County, Illinois shows a notable conservative tilt, with about 72% of voters favoring the Republican party in recent presidential elections. Democrats secured around 26%, while minor parties like the Libertarians and Greens each achieved only about 1-2%. This indicates that any political strategies or shifts would likely need to navigate this strong Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jefferson County in Illinois saw a significant lean towards the Republican party, with approximately 72% of votes. Democrats captured around 26%, leaving other parties like Libertarian and Green with minimal influence, each garnering only about 1-2% of the vote. The data suggests a strong conservative trend, indicating that any political shifts or campaign strategies would need to account for this Republican dominance.
71.68% of voters voted for the Republican party in the 2020 Presidential Election
26.48% of voters voted for the Democrat party in the 2020 Presidential Election
1.23% of voters voted for the Livertarian party in the 2020 Presidential Election
0.44% of voters voted for the Green party in the 2020 Presidential Election
0.17% of voters voted for the Other party in the 2020 Presidential Election
School Data
Jefferson County, Illinois has seen its student-to-teacher ratio decline steadily over the past nine years, from 14.85 in 2014 to 9.72 in 2023. This trend suggests smaller class sizes compared to the national average of 14 students per teacher, which could potentially attract families seeking more individualized attention for their children. For investors, real estate agents, and appraisers, this metric can serve as a selling point, indicating a community that values education. Builders might... Read more
Student-to-teacher ratio in Jefferson County, Illinois over the last 9 years
Jefferson County, Illinois has seen its student-to-teacher ratio decline steadily over the past nine years, dropping from 14.85 in 2014 to 9.72 in 2023. This trend suggests smaller class sizes compared to the national average of 14 students per teacher, which could potentially attract new residents looking for more individualized attention for their children. For investors, real estate agents, and appraisers, this metric can be a selling point, indicating a community that prioritizes education. Insurance agents might see this as a factor in neighborhood stability, while builders could consider the appealing educational environment when developing new properties. Overall, this data points to a potentially more attractive living environment for families considering relocation.
