Rock Island County Real Estate and Livability Trends
Rock Island County, Illinois has experienced a gradual rise in property values, with the median value of occupied housing units increasing from $113,800.00 in 2015 to $139,800.00 in 2022. Real estate taxes have also surged, from $4,099.27 in 2012 to approximately $6,433.97 in 2021, reflecting climbing property values or shifting tax policies. The spike in principal residence mortgages in... Read more
Rock Island County Market Trends
In Rock Island County, Illinois, the median value of occupied housing units has increased gradually from $113,800 in 2015 to $139,800 in 2022, which is still below state and national averages, potentially offering more affordable investment opportunities. Residential energy tax credits per tax return surged notably to $1,630.00 in 2018 and have remained stable, indicating growing energy-efficient... Read more
Median Value of Occupied Housing Units in Rock Island County, Illinois Over the Last 8 Years
Rock Island County, Illinois, has seen a steady increase in the median value of occupied housing units over the past eight years, surging from $113,800 in 2015 to $139,800 in 2022. Although this rise might seem significant, Rock Island County’s housing market still lags behind both the state of Illinois and the national average. In Illinois, the median home value jumped from $173,800 in 2015 to $239,100 in 2022, while the national median increased from $125,500 to $179,400 over the same period. This slower growth in Rock Island County could present unique opportunities for those looking to invest or move to an area with more affordable options compared to broader regional and national trends.
Residential Energy Tax Credit Per Tax Return in Rock Island County, IL Over the Last 9 Years
Rock Island County, Illinois has demonstrated a compelling rise in residential energy tax credits per tax return over the past nine years, marked by a significant spike in 2018 at $1,630.00. The values saw a steady increase from 2013's $290.16 to 2016's $344.59 before jumping dramatically. Post-2018, there is apparent stability, with figures remaining above $727.50. These trends suggest a growing emphasis on energy-efficient investments, which might interest potential investors, developers, and homeowners aiming for sustainable living options. This upward movement in tax credits could also be relevant for real estate agents and appraisers to account for in property valuations.
Average Real Estate Taxes Per Tax Return in Rock Island County, IL Over the Last 10 Years
Real estate taxes in Rock Island County, Illinois have shown a noticeable upward trend over the past 10 years, roughly increasing from $4,099.27 in 2012 to approximately $6,433.97 by 2021. The most significant spike occurred between 2017 and 2018, with an increase of about $1,201.08. This upward trajectory could suggest rising property values or changes in tax policy, potentially making the area more costly for both current and prospective homeowners. For investors, real estate agents, and insurers, this steady increase could signal a growing market but also implies higher operating costs tied to property taxes.
Percentage of Farm Returns in Rock Island County, IL Over the Last 10 Years
The percentage of farm tax returns in Rock Island County, Illinois over the past decade has shown a slight but noticeable fluctuation, hovering around 0.95% to 1%. These returns, which represent filings specific to agricultural income, give investors a nuanced view of the local farm economy's performance and its relative steadiness even amid broader economic changes. This consistency might suggest moderate stability for those considering agricultural investments or property development in the area. Given that farm returns have varied only minimally, it could imply a resilient agricultural base that may interest stakeholders in evaluating long-term growth prospects.
Number of Mortgages by Occupancy Type in Rock Island County, IL Over the Last 5 Years in Rock Island County
In Rock Island County, Illinois, the number of mortgages for principal residences has consistently dominated the market over the last five years, while investment properties and second residences have shown minimal fluctuations. The most notable trend is a sharp increase in principal residence mortgages in 2020 and 2021 compared to previous years, which then saw a significant drop in 2022. Changes in occupancy type are crucial as they can impact everything from market stability and rental property availability to local economic development. For instance, higher numbers of principal residence mortgages might suggest a stable, growing community appealing for long-term investments, whereas shifts towards investment properties could indicate a competitive rental market. Fluctuations in this data might interest investors, real estate agents, and insurance agents alike, offering insights into market dynamics and potential risks or opportunities in Rock Island County.
Economic Outlook
Rock Island County, Illinois has experienced a notable increase in average taxable income per tax return, rising from $51,558.57 in 2013 to $65,031.57 in 2021. This suggests a growing economic base and perhaps higher spending power among its residents. However, average state and local income taxes have surged dramatically, reaching $10,858.25 in 2021, which potential investors and residents need to factor into their financial evaluations. Fluctuations in the average total tax liability,... Read more
Average Taxable Income per Tax Return in Rock Island County, IL over the last 9 years
Rock Island County, Illinois has seen a steady increase in average taxable income per tax return over the last nine years. From $51,558.57 in 2013 to $65,031.57 in 2021, this trend suggests a growing economic base and potential for higher spending power among residents. For those considering investments, relocations, or property development in the area, this upward trajectory may indicate a robust local economy, making it a potentially attractive option.
Average State and Local Income Taxes Per Tax Return in Rock Island County, IL Over the Last 10 Years
Rock Island County, Illinois has seen a dramatic rise in average state and local income taxes per tax return over the last decade, especially noticeable since 2018. In 2021, the average jumped to $10,858.25, nearly double the amount from five years earlier. Investors and potential residents need to consider this tax burden shift when evaluating property or business ventures in the area.
Average Total Tax Liability Per Tax Return in Rock Island County, IL Over the Last 10 Years
Over the last decade, Rock Island County, Illinois has seen fluctuations in the average total tax liability per tax return with values mostly hovering between $8,000.00 and $8,500.00. There were notable peaks, especially in 2015 and 2017, and a significant jump in 2021 when the average tax liability spiked to $9,335.79. This general upward trend, despite some dips, could be indicative of rising income levels or changes in tax policies, making it an intriguing point of consideration for potential investors or new residents.
Cost of Living in Rock Island County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,154 | $1,460 | $2,019 | $1,533 | $1,404 |
| 1 adult 4 children | $1,154 | $1,192 | $1,554 | $1,533 | $1,480 |
| 2 adults 3 children | $1,154 | $1,193 | $1,748 | $1,533 | $1,169 |
| 1 adult 3 children | $1,154 | $974 | $1,282 | $1,533 | $1,228 |
| 2 adults 2 children | $877 | $976 | $1,476 | $1,384 | $1,000 |
| 1 adult 2 children | $877 | $729 | $1,010 | $1,384 | $945 |
| 2 adults 1 child | $877 | $772 | $1,204 | $897 | $929 |
| 1 adult 1 child | $877 | $498 | $738 | $897 | $764 |
| 2 adults | $709 | $620 | $932 | $0 | $687 |
| 1 adult | $586 | $338 | $466 | $0 | $532 |
Safety trends & Data
Rock Island County, Illinois has seen some intriguing shifts in property crime over the last three years. Vandalism spiked in 2021 with 92 incidents but dropped to 64 in 2022. Larceny-theft is notably on the rise, from just 3 cases in 2020 to 120 in 2022. Although burglaries peaked at 36 in 2021, they slightly decreased to 26 in 2022. Fraud incidents hit 24 in 2021 but fell to 17 in 2022, and motor vehicle thefts saw a minor increase from 12 in 2021 to 14 in 2022. These trends suggest evolving... Read more
Property Crime Trends in Rock Island County, IL Over the Last 3 Years
Rock Island County, Illinois has been experiencing varying trends in property crime over the past three years. Notably, there was a significant spike in vandalism in 2021 with 92 incidents, compared to 64 in 2022 and only 1 in 2020. Larceny-theft remains a consistent issue, with numbers jumping from 3 in 2020 to 120 in 2022. Burglaries peaked in 2021 at 36 cases, but slightly decreased to 26 in 2022. Fraud cases saw a peak in 2021 as well with 24 incidents but dropped to 17 in 2022. Motor vehicle thefts showed a slight increase from 12 in 2021 to 14 in 2022. These patterns might indicate shifting focal points for crime prevention and potential areas of concern for property investors, homeowners, and real estate agents.
Demographics
Rock Island County, Illinois, showcases diverse demographic trends. The adult population leans slightly toward a higher female presence. Educational attainment appears varied, with a significant portion holding only a high school diploma, while fewer residents possess higher education degrees. Age distribution seems spread out, with noticeable population clusters in both young adults and older adults. The racial makeup is predominantly White, with smaller representations of Black or African... Read more
Race Distribution in Rock Island County, Illinois (2022)
Educational Attainment in Rock Island County, Illinois (2022)
Age Distribution in Rock Island County, Illinois
Citizen Population in Rock Island County, Illinois (2022)
Political Trends & Data
In Rock Island County, Illinois, the 2020 U.S. Presidential Election showed a leaning towards the Democratic Party, hinting at possible shifts in political attitudes or demographic changes. Support for third parties like the Libertarians and Greens was notably minimal, signaling that the two major parties continue to dominate the political scene. These trends provide key insights for strategists and stakeholders looking to engage with the local voter base, potentially marginalizing smaller... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Rock Island County, Illinois, the 2020 U.S. Presidential Election leaned towards the Democratic Party, which potentially reflects shifting political attitudes or demographic changes within the region. While support for third parties like the Libertarians and Greens was present, it remained minimal, indicating that the two major parties still dominate the political landscape. This could suggest a continued focus on the policies and platforms of Democrats and Republicans, possibly marginalizing smaller parties in the process. Such trends are crucial for strategists and stakeholders aiming to understand and engage with local voter bases.
42.85% of voters voted for the Republican party in the 2020 Presidential Election
54.96% of voters voted for the Democrat party in the 2020 Presidential Election
1.44% 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
0.29% of voters voted for the Other party in the 2020 Presidential Election
School Data
Rock Island County, Illinois, has had its student-to-teacher ratio fluctuate over nine years, starting around 17 in 2014 and occasionally dipping below the national average of 14 in recent years, like in 2022. This variability could influence classroom dynamics, resource allocation, and overall educational quality. Lower ratios might mean more individualized attention, benefiting student outcomes and possibly attracting families and educators. However, higher ratios could signal staffing or... Read more
Student-to-teacher ratio in Rock Island County, Illinois over the last 9 years
Rock Island County, Illinois, has seen fluctuations in its student-to-teacher ratio over the past nine years, starting at around seventeen in 2014 and dropping to a low of around fourteen in recent years. Notably, the ratio has frequently exceeded the current U.S. national average of fourteen students per teacher but showed improvement, particularly in 2022 when it dipped below the national average to approximately fourteen. These changes in student-to-teacher ratios could impact classroom dynamics, resource allocation, and overall educational quality. Lower ratios might suggest more individualized attention for students, benefiting educational outcomes and potentially making the area more attractive for families and educators. However, consistent ratios above the national average might indicate challenges in staffing or funding, which could be a red flag for potential investors or residents prioritizing educational standards.
