Schuyler County Real Estate and Livability Trends
Schuyler County, Illinois has seen notable increases in average taxable income per tax return, suggesting a strengthening local economy. Median home values have also risen, climbing from $78,100 in 2015 to $100,500 in 2022, offering affordable investment opportunities compared to broader markets. Energy tax credits saw a spike, pointing to potential gains from energy-efficiency investments.... Read more
Schuyler County Market Trends
Schuyler County, Illinois has experienced moderate yet consistent growth in median home values over the past eight years, from $78,100 in 2015 to $100,500 in 2022, offering an attractive option for investors or homebuyers seeking lower entry prices compared to state and national averages. The county also exhibits dynamic fluctuations in residential energy tax credits, notably spiking to $1,700.00... Read more
Median Value of Occupied Housing Units in Schuyler County, Illinois Over the Last 8 Years
Over the past eight years, Schuyler County, Illinois has seen a moderate yet steady rise in median home values from $78,100 in 2015 to a peak of $101,600 in 2021, slightly cooling to $100,500 in 2022. For a rural county, this indicates consistent growth, although still trailing both the Illinois state and national averages significantly. Statewide, median home values surged from $173,800 to $239,100 during the same period, while nationally, values climbed from $125,500 to $179,400. This growth gap might make Schuyler County appealing for investors or homebuyers looking for lower entry prices with potential upside as market dynamics evolve.
Residential Energy Tax Credit Per Tax Return in Schuyler County, IL Over the Last 7 Years
Schuyler County, Illinois has experienced notable fluctuations in its residential energy tax credits per tax return over the last seven years, with peaks in 2016 at $716.67 and a significant spike in 2019 reaching $1,700.00. These variances indicate a dynamic response to energy efficiency investments, reflecting both periods of heightened financial incentives and more modest returns. For prospective real estate investors, these trends could signal opportunities to capitalize on energy-related improvements, while appraisers and insurance agents might interpret these shifts as indicative of changing property values and risk assessments.
Average Real Estate Taxes Per Tax Return in Schuyler County, IL Over the Last 10 Years
Over the last decade, Schuyler County, Illinois has observed a notable rise in average real estate taxes per tax return. From $2,882.00 in 2012, taxes climbed to $4,325.00 by 2021, peaking at $4,850.00 in 2020. Such a trend could potentially signal increasing property values or shifts in local tax policy, both crucial factors for investors, real estate agents, and prospective homeowners. Understanding this trend can also aid appraisers and insurance agents in providing accurate assessments and coverage recommendations.
Percentage of Farm Returns in Schuyler County, IL Over the Last 10 Years
Schuyler County, Illinois has seen some fluctuations in the percentage of farm tax returns over the last decade. Starting at around 11.14% in 2012, the percentage appeared to decline steadily, hitting a low of approximately 8.35% in 2020. Although there's been a slight uptick to about 9.20% in 2021, the overall trend hints at a decline. Farm tax returns are significant because they reflect the number of farm-related income declarations filed, shedding light on the agricultural activity and its economic health in the county. This data could be essential for potential investors, new residents, or those looking to develop property, as it illustrates trends in local agricultural commitments and possibly influences land value and community support structures.
Number of Mortgages by Occupancy Type in Schuyler County, IL Over the Last 5 Years in Schuyler County
Observing Schuyler County, Illinois over the last five years reveals several trends in mortgage counts by occupancy type. Principal Residences consistently dominate, peaking notably in 2020 with 207 mortgages, potentially reflecting favorable interest rates or pandemic-driven homeownership shifts. Investment Property and Second Residence mortgages maintain lower and relatively stable numbers but any fluctuations here could signal changing investor confidence or vacation home desirability. Understanding these trends is crucial for investors gauging market stability, insurance agents assessing risk, and appraisers valuing properties accurately. Real estate agents and builders might also find this data useful for targeting the right customer segments and planning future projects effectively.
Economic Outlook
Schuyler County, Illinois has generally seen an upward trend in average taxable income per tax return, climbing from $48,214.72 in 2013 to $59,994.19 in 2021, with boosts in 2018 and 2021 suggesting a strengthening local economy. However, state and local income taxes have fluctuated, peaking at $7,150.00 in 2020 and then decreasing to $4,660.00 in 2021. The variability in total tax liability, which peaked at $7,531.54 in 2016 and surged to $8,070.73 in 2021, further indicates shifting economic... Read more
Average Taxable Income per Tax Return in Schuyler County, IL over the last 9 years
Over the past 9 years, Schuyler County, Illinois has seen a generally upward trend in average taxable income per tax return. Starting from $48,214.72 in 2013, it reached $59,994.19 in 2021, with notable growth in 2018 and 2021. This pattern could indicate a strengthening local economy, potentially offering promising opportunities for investors, homebuyers, and developers.
Average State and Local Income Taxes Per Tax Return in Schuyler County, IL Over the Last 10 Years
Schuyler County, Illinois, has witnessed a fluctuating pattern in state and local income taxes per tax return over the past decade, peaking at $7,150.00 in 2020. After a notable high, the average tax per return settled at $4,660.00 in 2021. For investors and prospective residents, understanding these trends is crucial since tax variations directly impact disposable income and property values. These figures suggest that while there's variability, the range provides insight into fiscal policies and economic conditions that could influence decisions around investments and relocations.
Average Total Tax Liability Per Tax Return in Schuyler County, IL Over the Last 10 Years
Over the past decade, Schuyler County, Illinois has experienced noticeable fluctuations in total tax liability per tax return. Starting at $6,386.80 in 2012, there was a trend upwards with some volatility, peaking at approximately $7,531.54 in 2016. Interestingly, there was a dip from 2017 to 2018, with the lowest point at about $6,710.13. However, 2021 saw a significant surge, reaching $8,070.73. These trends might hint at fluctuating economic conditions, impacting residents and potential investors considering the area's fiscal characteristics closely.
Cost of Living in Schuyler County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $943 | $1,432 | $2,409 | $1,058 | $1,342 |
| 1 adult 4 children | $943 | $1,169 | $1,846 | $1,058 | $1,377 |
| 2 adults 3 children | $943 | $1,170 | $2,088 | $1,058 | $1,092 |
| 1 adult 3 children | $943 | $955 | $1,525 | $1,058 | $1,106 |
| 2 adults 2 children | $774 | $957 | $1,767 | $959 | $978 |
| 1 adult 2 children | $774 | $715 | $1,204 | $959 | $883 |
| 2 adults 1 child | $774 | $757 | $1,446 | $640 | $935 |
| 1 adult 1 child | $774 | $489 | $884 | $640 | $744 |
| 2 adults | $671 | $608 | $1,126 | $0 | $761 |
| 1 adult | $531 | $332 | $563 | $0 | $570 |
Demographics
Schuyler County, Illinois, presents an intriguing gender disparity with a slightly higher adult male population than female. The educational landscape reveals a strong inclination towards high school and some college education, but fewer residents having obtained bachelor's or advanced degrees. This area also reflects a significant presence of older adults, particularly those aged 55 to 74. Racially, the county is predominantly White with very limited representation from other racial groups,... Read more
Race Distribution in Schuyler County, Illinois (2022)
Educational Attainment in Schuyler County, Illinois (2022)
Age Distribution in Schuyler County, Illinois
Citizen Population in Schuyler County, Illinois (2022)
Political Trends & Data
Schuyler County, Illinois, shows a strong Republican preference, with potentially over 70% of votes going to the GOP in the 2020 Presidential Election. Democrats captured about 27% of the vote, while minor parties like Libertarian and Green possibly secured under 2%. Such trends could suggest a deeply rooted conservative inclination in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Schuyler County, Illinois, leaned significantly Republican in the 2020 U.S. Presidential Election, with potentially over 70% of the vote. The Democratic share was notably lower, hovering around 27%. Minor parties, including Libertarian and Green, gathered very small portions of the vote, likely under 2%. This trend might indicate a strong conservative preference in the area.
70.99% of voters voted for the Republican party in the 2020 Presidential Election
27.34% 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
0.31% of voters voted for the Green party in the 2020 Presidential Election
0.13% of voters voted for the Other party in the 2020 Presidential Election
School Data
Schuyler County, Illinois, has seen its student-to-teacher ratio drop from 17 in 2014 to as low as 9 in 2022, well below the national average of 14. This trend could signal an enhanced academic experience due to more individualized attention. For real estate agents and investors, it might indicate a rising demand for housing in areas with better educational resources. Appraisers and insurance agents could find these trends useful in assessing property values and population changes linked to... Read more
Student-to-teacher ratio in Schuyler County, Illinois over the last 9 years
Over the past nine years, Schuyler County, Illinois, has seen significant variation in its student-to-teacher ratio. Notably, the ratio dropped from a high of 17 students per teacher in 2014 to below the national average of 14 students per teacher in recent years, hitting as low as 10 students per teacher in 2019 and 9 in 2022. This shifting ratio could impact decisions for potential residents and investors, as lower ratios may suggest more individualized attention in classrooms, potentially enhancing the academic experience. For real estate agents and investors, it might indicate higher demand for housing in areas boasting better educational resources. Appraisers and insurance agents may find these trends useful in assessing property values and risks associated with population changes driven by school quality perceptions.
