Massac County Real Estate and Livability Trends
Massac County, Illinois has seen rising median home values, jumping from $83,900 in 2015 to $115,200 in 2022, indicating potential investment opportunities due to relatively affordable property prices when compared to state and national medians. The area’s improving student-to-teacher ratio, which dipped below the national average to 12:1 by 2023, could attract families that prioritize... Read more
Massac County Market Trends
Massac County, Illinois has seen median home values rise from $83,900 in 2015 to $115,200 in 2022, significantly more affordable compared to the state ($239,100) and national medians ($179,400). This upward trajectory in property values suggests potential investment opportunities. Residential energy tax credits peaked in 2019 at $933.33, perhaps indicating a surge in energy-efficient home... Read more
Median Value of Occupied Housing Units in Massac County, Illinois Over the Last 8 Years
Median home values in Massac County, Illinois have seen a significant increase over the past eight years, rising from $83,900 in 2015 to $115,200 in 2022. While this growth is impressive, homes here remain substantially more affordable compared to the statewide median of $239,100 and the national median of $179,400 for 2022. This trend could indicate potential for investment opportunities in Massac County, as the local housing market appears to be on an upward trajectory, yet still much more accessible than broader averages.
Residential Energy Tax Credit Per Tax Return in Massac County, IL Over the Last 8 Years
Over the past eight years, Massac County, Illinois, has seen fluctuating residential energy tax credits per tax return, with a noticeable peak in 2019 at $933.33, likely indicating a surge in energy-efficient upgrades. Post-2019, the average credit settled down to $625.00 in 2020 and further decreased to $450.00 in 2021, showing a range but still above early decade figures. These variations might suggest ongoing interest in energy efficiency, which could inform investors and real estate professionals about evolving market dynamics and homeowner priorities in the area.
Average Real Estate Taxes Per Tax Return in Massac County, IL Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Massac County, Illinois, have seen a notable increase. Starting at $2,889.06 in 2012, they dipped slightly in 2013 but then gradually rose, peaking at $3,721.43 in 2021. This upward trend may suggest rising property values or increased county tax rates, which could impact investment decisions and property affordability. For real estate professionals and potential buyers, these trends could indicate a changing financial landscape in the county.
Percentage of Farm Returns in Massac County, IL Over the Last 10 Years
The data indicates that over the last decade, the percentage of farm tax returns in Massac County, Illinois, has generally hovered around 5.20% to 6.00%, showing a slight downward trend. Farm tax returns reflect the financial health and activity of the agricultural sector within the county. A stable or rising percentage can suggest a thriving farming population, making it an attractive aspect for potential investors, property developers, and residents interested in rural living or agribusiness opportunities. Conversely, a decline might signal challenges within the agricultural sector that could impact local economic dynamics.
Number of Mortgages by Occupancy Type in Massac County, IL Over the Last 5 Years in Massac County
Over the past five years, Massac County, Illinois has seen variations in mortgage activity across different occupancy types. Principal residences have consistently led the market, with numbers peaking in 2021 at 406 mortgages and experiencing higher volumes around years of economic fluctuations. Investment properties have exhibited a modest growth trajectory, reflecting a cautious yet steady interest from investors. Second residences appear less frequently, hinting at a lower but targeted market segment. Changes in occupancy type dynamics can signal shifts in local economic health, property demand, and investment risks, making it crucial information for investors, builders, and real estate professionals evaluating opportunities in the area.
Economic Outlook
Massac County, Illinois has shown a steady increase in average taxable income per tax return over the past nine years, peaking at $55,089.82 in 2021. Meanwhile, average state and local income taxes saw significant peaks in 2018 and 2019 and were recorded at $6,276.92 in 2021. The average total tax liability per tax return has also risen, reaching $7,157.17 by 2021. This upward trend in income and taxes could suggest growing economic opportunities and a competitive property market, which might... Read more
Average Taxable Income per Tax Return in Massac County, IL over the last 9 years
Massac County, Illinois has experienced a generally upward trajectory in average taxable income per tax return over the past nine years. In 2013, the average was $44,549.61 and saw steady growth, peaking at $55,089.82 in 2021. This trend might indicate growing economic opportunities and could be of interest to potential investors and residents considering the area. Higher average taxable incomes can also suggest a competitive property market and an evolving economic landscape in Massac County, potentially translating into increased consumer spending and real estate investments.
Average State and Local Income Taxes Per Tax Return in Massac County, IL Over the Last 10 Years
Massac County, Illinois has seen significant fluctuations in average state and local income taxes per tax return over the past decade, with a noticeable peak reaching $6,556.25 in both 2018 and 2019. Despite intermittent declines, the overall trend indicates a steady increase, reaching $6,700.00 in 2020 before slightly reducing to $6,276.92 in 2021. This could be a crucial consideration for potential investors or those looking to move into the area, as the increasing tax burden might influence the overall cost of living and financial planning.
Average Total Tax Liability Per Tax Return in Massac County, IL Over the Last 10 Years
Over the last decade, the average total tax liability per tax return in Massac County, Illinois, has shown a general upward trend. Starting at $5,753.23 in 2012, this figure experienced fluctuations but reached $7,157.17 by 2021. This increase could reflect rising incomes, property values, or changes in tax policies, making it essential for potential investors and residents to consider these financial aspects when evaluating the area.
Cost of Living in Massac County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,093 | $1,339 | $2,902 | $1,058 | $1,514 |
| 1 adult 4 children | $1,093 | $1,094 | $2,227 | $1,058 | $1,535 |
| 2 adults 3 children | $1,093 | $1,094 | $2,514 | $1,058 | $1,241 |
| 1 adult 3 children | $1,093 | $893 | $1,839 | $1,058 | $1,240 |
| 2 adults 2 children | $806 | $896 | $2,126 | $959 | $1,037 |
| 2 adults 1 child | $806 | $708 | $1,738 | $640 | $982 |
| 1 adult 2 children | $806 | $669 | $1,451 | $959 | $932 |
| 1 adult 1 child | $806 | $457 | $1,063 | $640 | $770 |
| 2 adults | $662 | $569 | $1,350 | $0 | $783 |
| 1 adult | $539 | $310 | $675 | $0 | $578 |
Safety trends & Data
In Massac County, Illinois, property crime trends have shown some stark shifts over the past two years. Larceny-theft incidents jumped to 18 in 2022 from just 11 in 2021, while burglary incidents fell to 4 from 7, hinting at improved security measures. Vandalism also saw a rise from 9 incidents in 2021 to 13 in 2022, potentially affecting property values and insurance premiums. On a positive note, motor vehicle thefts plunged from 7 in 2021 to just 2 in 2022, possibly highlighting better... Read more
Property Crime Trends in Massac County, IL Over the Last 2 Years
Massac County, Illinois has seen a noticeable shift in property crimes over the past two years. In 2021, larceny-theft incidents were recorded at 11, but this increased notably to 18 in 2022, which might concern those looking to invest or assess property risks. Conversely, burglary saw a decline from 7 incidents in 2021 to just 4 in 2022, suggesting improved security or preventive measures. Vandalism incidents rose from 9 in 2021 to 13 in 2022, which could impact property values or insurance premiums. Interestingly, motor vehicle thefts dropped significantly from 7 in 2021 to only 2 in 2022, indicating better vehicle security or law enforcement effectiveness. These fluctuations are essential for real estate agents, insurance agents, and potential homeowners to consider.
Demographics
Massac County, Illinois, appears to have a relatively balanced gender demographic with a slight majority of females. Educational attainment data suggests a community with a solid foundation in high school education, though fewer residents seem to pursue higher degrees. Age distribution might hint at an older population, with significant numbers in the 45-64 age brackets. In terms of racial composition, the county is predominantly white, with very small percentages representing other races. This... Read more
Race Distribution in Massac County, Illinois (2022)
Educational Attainment in Massac County, Illinois (2022)
Age Distribution in Massac County, Illinois
Citizen Population in Massac County, Illinois (2022)
Political Trends & Data
Massac County, Illinois, indicated a strong conservative leaning in the 2020 U.S. Presidential Election, with around 73% of the vote possibly favoring the Republican candidate. This substantial preference might reflect deeper demographic trends and a solid conservative presence in the area, possibly impacting community priorities and regional... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Massac County, Illinois, showed a notable preference for the Republican candidate in the 2020 U.S. Presidential Election, with around 73% of the vote possibly going their way. The Democratic candidate appears to have garnered just over 25%, while third-party candidates collectively accounted for less than 2% of the vote. This significant tilt towards the Republican side could suggest a strong conservative presence or underlying demographic trends favoring this party in the county.
73.35% of voters voted for the Republican party in the 2020 Presidential Election
25.32% of voters voted for the Democrat party in the 2020 Presidential Election
0.95% of voters voted for the Livertarian party in the 2020 Presidential Election
0.21% 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
Massac County, Illinois has experienced a downward trend in student-to-teacher ratios, moving from above the national average of 14:1 in 2014 to below it in 2023 at 12:1. This shift might signal an improvement in personalized attention in classrooms, a factor that could enhance the local education system's reputation. These changes could influence property values and the demand for educational resources, making the area potentially more attractive for families prioritizing... Read more
Student-to-teacher ratio in Massac County, Illinois over the last 9 years
Massac County, Illinois has seen a notable trend in its student-to-teacher ratios over the past nine years, shifting from above the national average of 14 students per teacher to below it in recent years. The ratio started at 15 students per teacher in 2014, peaked slightly in 2016, but then saw a steady decline, reaching 12 by 2023. Understanding these changes could be important for potential investors, real estate agents, and families, as lower student-to-teacher ratios may suggest more personalized attention in classrooms, potentially reflecting positively on the local education system. This trend could also impact property values, school funding needs, and demands for educational resources, making the area more attractive for those prioritizing educational quality.
