Macoupin County Real Estate and Livability Trends
Macoupin County, Illinois, is seeing an uptick in median home values, rising from $94,300 in 2015 to $121,300 in 2022, and while this is below the Illinois state average of $239,100, it indicates growing affordability and potential for investors. The county also manifests significant investment in energy-efficient home improvements, with residential energy tax credits per return soaring from... Read more
Macoupin County Market Trends
Macoupin County, Illinois has seen its median home values increase from $94,300 in 2015 to $121,300 in 2022, still below both the Illinois state average of $239,100 and the U.S. average of $179,400. This growth hints at affordability and investor appeal relative to broader markets. The county’s average residential energy tax credit per tax return peaked at $3,942.86 in 2018 from $405.66 in... Read more
Median Value of Occupied Housing Units in Macoupin County, Illinois Over the Last 8 Years
Macoupin County, Illinois has experienced a steady increase in median home values over the last eight years, growing from $94,300 in 2015 to $121,300 in 2022. This rate of increase, although significant locally, still places the county's median home values below the Illinois state average of $239,100 and the national average of $179,400 as of 2022. This could suggest potential for growth and an opportunity for investors seeking more affordable investments in comparison to state and national markets. For locals, whether considering selling or remodeling, this trend in rising property values presents a promising outlook for future equity.
Residential Energy Tax Credit Per Tax Return in Macoupin County, IL Over the Last 9 Years
Macoupin County, Illinois shows a significant increase in the average residential energy tax credit per tax return over the last nine years. The data starts with $405.66 in 2013 and hits a notable peak at $3,942.86 in 2018, tapering off to $1,651.52 by 2021. This trend suggests a rising investment in energy-efficient improvements, potentially driven by increased awareness and incentives. This pattern could interest investors, appraisers, and real estate agents, given the implications for property values and energy-efficient home upgrades. Additionally, this might impact insurance agents assessing potential savings on energy-efficient homes.
Average Real Estate Taxes Per Tax Return in Macoupin County, IL Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Macoupin County, Illinois have demonstrated a steady increase, reflecting a possible rise in property values and living costs. Starting at $2,608.64 in 2012, taxes grew to $3,776.74 by 2021, with the most notable jump between 2017 and 2018. This trend may interest property investors, appraisers, and insurance agents considering the area's economic trajectory and its impact on property taxes. The steady rise in taxes could be a concern or opportunity depending on one’s investment strategy or property ownership status.
Percentage of Farm Returns in Macoupin County, IL Over the Last 10 Years
In Macoupin County, Illinois, the percentage of farm tax returns over the past decade shows a slight downward trend. Starting at 4.62% in 2012, the figure dipped to 4.22% by 2021. This subtle decline might suggest a gradual shift in the county's agricultural landscape or economic conditions influencing farming profitability or viability. For potential investors, developers, and residents, understanding these dynamics offers a glimpse into the evolving economic fabric of Macoupin County, which may affect property values, agricultural investments, and community growth strategies.
Number of Mortgages by Occupancy Type in Macoupin County, IL Over the Last 5 Years in Macoupin County
Over the past five years in Macoupin County, Illinois, mortgages for principal residences have consistently dominated, seeing a rise peaking in 2020 at 2,310 loans, then tapering to 1,655 in 2022. Investment properties have had a steadier, less pronounced pattern, hovering around the low hundreds. Mortgages for second residences are minimal but consistent, never exceeding 21 loans annually. These shifts in mortgage types matter for investors and real estate professionals because they reflect housing demand trends and potential returns on different property types. For appraisers and insurance agents, these patterns inform property valuation processes and risk assessments. Builders and those moving to the area gain insights into potential market saturation and the types of housing stock that are in demand.
Economic Outlook
Macoupin County, Illinois, has experienced an upward trend in average taxable income per tax return from $49,780.47 in 2013 to approximately $64,581.80 in 2021, suggesting an improving economic environment. Additionally, average state and local income taxes have risen significantly from $4,986.01 in 2012 to $7,985.00 in 2021, which might indicate an escalating cost of living. The average total tax liability per tax return has also generally increased, touching around $8,888.49 in 2021. These... Read more
Average Taxable Income per Tax Return in Macoupin County, IL over the last 9 years
Macoupin County, Illinois has seen a generally upward trend in average taxable income per tax return over the past nine years, rising from approximately $49,780.47 in 2013 to around $64,581.80 in 2021. This steady increase suggests an improving economic environment, which could be attractive for potential investors, property developers, or anyone looking to move to or within the county. However, it might indicate a rising cost of living as well, which is crucial for current residents and future buyers to consider.
Average State and Local Income Taxes Per Tax Return in Macoupin County, IL Over the Last 10 Years
Over the past decade, Macoupin County, Illinois has seen a notable rise in average state and local income taxes per tax return, increasing from $4,986.01 in 2012 to $7,985.00 in 2021. This steady increase, particularly sharp in the last few years, reflects broader economic changes and could signal shifts in local financial strategies, potential budget adjustments, or escalating cost of living in the area. For investors, property developers, and new residents, understanding these tax trends is crucial for future financial planning and gauging the economic climate of Macoupin County.
Average Total Tax Liability Per Tax Return in Macoupin County, IL Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Macoupin County, Illinois has generally trended upwards, with notable fluctuations. Values ranged from around $7,019.28 in 2012 to a high of approximately $8,888.49 in 2021. This increase might be reflective of broader economic trends, shifts in local income levels, or changes in taxation policies, making it a point of interest for potential investors, new residents, and existing homeowners.
Cost of Living in Macoupin County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,029 | $1,391 | $2,459 | $1,110 | $1,381 |
| 1 adult 4 children | $1,029 | $1,136 | $1,893 | $1,110 | $1,425 |
| 2 adults 3 children | $1,029 | $1,137 | $2,127 | $1,110 | $1,130 |
| 1 adult 3 children | $1,029 | $928 | $1,561 | $1,110 | $1,153 |
| 2 adults 2 children | $774 | $931 | $1,796 | $999 | $975 |
| 1 adult 2 children | $774 | $695 | $1,230 | $999 | $881 |
| 2 adults 1 child | $774 | $735 | $1,464 | $641 | $922 |
| 1 adult 1 child | $774 | $475 | $898 | $641 | $734 |
| 2 adults | $588 | $591 | $1,132 | $0 | $720 |
| 1 adult | $584 | $322 | $566 | $0 | $580 |
Safety trends & Data
Macoupin County, Illinois, experienced a notable increase in property crimes from 2021 to 2022, with larceny-theft incidents skyrocketing from just 1.00 to 18.00. Additional reports of burglary, forgery, fraud, vandalism, and stolen property have surfaced. This rise in crime could potentially affect property values, insurance costs, and the area's attractiveness to both residents and... Read more
Property Crime Trends in Macoupin County, IL Over the Last 2 Years
Macoupin County, Illinois, has seen a noticeable uptick in property crimes between 2021 and 2022. Larceny-theft incidents rose significantly from 1.00 in 2021 to 18.00 in 2022, while there were also reported cases of burglary (2.00), forgery and counterfeiting (1.00), fraud (1.00), vandalism (6.00), and stolen property (1.00) in 2022. This trend may impact property values, insurance rates, and the overall desirability of the area for potential residents and investors.
Demographics
Macoupin County, Illinois has a nearly balanced gender demographic with a slight female majority. The county shows a strong presence of high school graduates, while a smaller number have advanced degrees. Age-wise, the county's largest groups are in the 55 to 64 age range, hinting at a significant aging population. The area remains predominantly White but includes small percentages of other racial groups, highlighting somewhat limited... Read more
Race Distribution in Macoupin County, Illinois (2022)
Educational Attainment in Macoupin County, Illinois (2022)
Age Distribution in Macoupin County, Illinois
Citizen Population in Macoupin County, Illinois (2022)
Political Trends & Data
In Macoupin County, Illinois, the 2020 U.S. Presidential Election results indicate a robust Republican presence, with approximately 67.2% of the vote possibly going to Republican candidates. This dominant Republican tilt could shape local political strategies and voter engagement efforts, reflecting community values that might also impact real estate market trends through preferences in policies on taxation, development, and public... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Macoupin County, Illinois, during the 2020 U.S. Presidential Election, Republican candidates appear to have secured a significant lead with approximately 67.2% of the vote. In comparison, Democratic candidates possibly garnered about 30.7%, while Libertarians and Green party candidates seem to have received 1.5% and 0.5% respectively. The data may suggest a strong Republican presence, potentially influencing local political strategies and voter engagement efforts.
67.24% of voters voted for the Republican party in the 2020 Presidential Election
30.66% of voters voted for the Democrat party in the 2020 Presidential Election
1.46% of voters voted for the Livertarian party in the 2020 Presidential Election
0.46% of voters voted for the Green party in the 2020 Presidential Election
0.18% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Macoupin County, Illinois has shown a significant downward trend over the past nine years, declining from eighteen in 2014 to about thirteen in 2023. This shift now positions the county with a more favorable ratio compared to the national average of 14 students per teacher. This trend might make Macoupin County particularly attractive to homebuyers or investors emphasizing educational quality, as lower ratios can imply more individualized attention and... Read more
Student-to-teacher ratio in Macoupin County, Illinois over the last 9 years
Student-to-teacher ratio in Macoupin County, Illinois has trended downward over the past nine years, starting from eighteen in 2014 to around thirteen by 2023. In earlier years, the ratio stood notably higher than the current national average of 14 students per teacher, but recent figures suggest Macoupin County now has a more favorable student-to-teacher ratio compared to the national norm. This shift could be particularly appealing to potential homebuyers or investors who prioritize educational quality, as lower student-to-teacher ratios are often associated with more individualized attention and potentially better educational outcomes. Local real estate agents and appraisers might find this data valuable when discussing property values and community appeal. Similarly, lower ratios might impact the coverage considerations for insurance agents and developers considering building new properties in this area.
