White County Real Estate and Livability Trends
White County, Illinois has experienced notable increases in average taxable income, growing from $52,053.32 in 2016 to $65,426.24 in 2021, hinting at a possibly strengthening local economy. Median home values also surged from $70,900 in 2015 to $101,000 in 2022, suggesting either stronger demand or inflation. Home affordability remains an advantage, as the county is significantly cheaper than the... Read more
White County Market Trends
White County, Illinois' median home values jumped from $70,900 in 2015 to $101,000 in 2022, indicating increased property demand or inflationary pressures. Despite this rise, the county remains more affordable than Illinois' median of $239,100, which could attract budget-conscious investors. Residential energy tax credits have surged, peaking at $1,380.00 in 2021, likely pointing to a growing... Read more
Median Value of Occupied Housing Units in White County, Illinois Over the Last 8 Years
White County, Illinois' median home values have seen a notable uptick, rising from $70,900 in 2015 to $101,000 in 2022. This growth trajectory, especially the jump from 2020 onwards, could be an indicator of increasing property demand or overall inflationary pressures. Compared to the broader state of Illinois, where median values in 2022 hit $239,100, White County still presents a more affordable option. Nationally, the median home value reached $179,400 in the same year, situating White County as a potential investment hotspot for those seeking lower entry costs and future growth possibilities.
Residential Energy Tax Credit Per Tax Return in White County, IL Over the Last 8 Years
White County, Illinois has seen fluctuating residential energy tax credits per tax return over the past eight years. Notably, after a dip to $263.64 in 2015, there has been a remarkable increase, particularly from 2019 to 2021, with the average rising from $760.00 to $1380.00. This trend could suggest a growing investment in energy-efficient home improvements. As tax credits tend to incentivize such upgrades, these figures may indicate rising property values and attractiveness for sustainable living. For investors, builders, and real estate agents, these patterns might signal a strong market incentive for energy-efficient properties.
Average Real Estate Taxes Per Tax Return in White County, IL Over the Last 10 Years
Over the past decade, White County, Illinois has seen significant fluctuations in average real estate taxes per tax return, with numbers rising from approximately $2,167.39 in 2012 to a striking $4,280.00 in 2021. This variability, particularly notable in the sharp hike in 2018 and subsequent peak in 2021, could be indicative of shifting property values and changing tax policies affecting the area. Prospective investors, real estate agents, and current residents might want to consider these trends when evaluating the fiscal environment and potential long-term property costs in White County.
Percentage of Farm Returns in White County, IL Over the Last 10 Years
The percentage of farm tax returns in White County, Illinois has seen a slight fluctuation over the past decade, starting at approximately 6.12% in 2012 and ending at about 5.41% in 2021. The highest percentage observed was around 6.60% in 2015, indicating a potential peak in farm profitability or agricultural activity during that period. For potential investors, this data may suggest varying levels of economic stability in the agricultural sector, which could be critical for decisions related to agriculture-based investments or property development in the region. Those interested or living in White County might infer that the local farming community might be facing challenges that impact their tax return filings.
Number of Mortgages by Occupancy Type in White County, IL Over the Last 5 Years in White County
Significant changes in mortgage counts over the past five years in White County, Illinois display a substantial dominance in principal residence applications, peaking at 450 in 2021 but showing fluctuation. Investment property mortgages have remained relatively stable around the low teens, which could indicate a steadier, though less impactful, investor market. Meanwhile, second residences represent an almost negligible fraction of the market. These shifts in occupancy types have crucial implications for those considering investment as they may affect market liquidity and demand trends. Appraisers and insurance agents might also find it useful as it affects asset valuation and risk assessment. For developers and real estate agents, understanding these patterns could inform strategic decisions on property types to focus on, while potential residents might gauge market stability and investment potential.
Economic Outlook
White County, Illinois has had an overall upward trend in average taxable income per tax return, increasing from $52,053.32 in 2016 to $65,426.24 in 2021, hinting at a possibly strengthening local economy. However, average state and local income taxes have shown variability, peaking at $10,588.24 in 2020, which could affect financial planning. The total tax liability per tax return has also fluctuated, with a noticeable increase in 2021 to $9,217.29. These trends might suggest shifts in... Read more
Average Taxable Income per Tax Return in White County, IL over the last 9 years
Over the past nine years, White County, Illinois has experienced a fluctuating but generally upward trend in average taxable income per tax return, with a notable increase from $52,053.32 in 2016 to $65,426.24 in 2021. This gain in average taxable income could suggest a strengthening local economy, potentially making it a more attractive area for investment or relocation. A deeper dive could reveal whether this rise is due to economic development, changes in population demographics, or other influencing factors.
Average State and Local Income Taxes Per Tax Return in White County, IL Over the Last 10 Years
White County, Illinois has seen notable fluctuations in average state and local income taxes per tax return over the past decade, starting at $6,440.00 in 2012 and peaking at $10,588.24 in 2020. The trend indicates a period of increase from 2012 to 2014, a dip in 2015 and 2016, and a significant climb from 2018 onward. Investors and potential residents should note the variability in tax obligations, as it may impact financial planning and cost of living considerations.
Average Total Tax Liability Per Tax Return in White County, IL Over the Last 10 Years
Over the last decade, White County, Illinois has seen fluctuations in average total tax liability per tax return, peaking at $9,447.35 in 2013 and dipping to a low of around $7,514.19 in 2020. Notably, recent numbers indicate a significant rise in 2021 to $9,217.29. These shifts may signal changing economic conditions, possibly influencing decisions for potential investors, residents, or property developers.
Cost of Living in White County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,036 | $1,367 | $2,902 | $1,058 | $1,532 |
| 1 adult 4 children | $1,036 | $1,117 | $2,227 | $1,058 | $1,553 |
| 2 adults 3 children | $1,036 | $1,117 | $2,514 | $1,058 | $1,255 |
| 1 adult 3 children | $1,036 | $912 | $1,839 | $1,058 | $1,253 |
| 2 adults 2 children | $774 | $914 | $2,126 | $959 | $1,053 |
| 1 adult 2 children | $774 | $683 | $1,451 | $959 | $952 |
| 2 adults 1 child | $774 | $723 | $1,738 | $640 | $994 |
| 1 adult 1 child | $774 | $467 | $1,063 | $640 | $779 |
| 2 adults | $646 | $581 | $1,350 | $0 | $796 |
| 1 adult | $518 | $317 | $675 | $0 | $584 |
Safety trends & Data
In White County, Illinois, property crimes have experienced minor fluctuations over the past two years. Larceny-theft incidents doubled from one in 2021 to two in 2022, and motor vehicle theft made its first appearance with one reported case in 2022. Meanwhile, fraud and vandalism cases have stayed stable, with one recorded each year. While overall crime numbers remain low, these nuanced changes are worth noting for investors and property buyers considering safety and property valuation in the... Read more
Property Crime Trends in White County, IL Over the Last 2 Years
White County, Illinois, has seen slight changes in property crimes over the past two years. Larceny-theft incidents increased from one in 2021 to two in 2022, while motor vehicle theft emerged in 2022 with one reported case. Other crimes like fraud and vandalism have remained consistent with one recorded case each year. Although these numbers are relatively low, it's important for potential investors, real estate agents, and residents to note these subtle shifts when considering property safety and valuation in the area.
Demographics
White County, Illinois shows a slight gender imbalance with females potentially outnumbering males. Educational attainment skews towards high school graduates and those with some college education, which might suggest varied employment opportunities that don’t necessarily require advanced degrees. Age distribution data indicates a potentially aging population, with significant numbers in the 55 to 64 and 65 to 74 age brackets. Ethnically, the county appears predominantly White, with a minor... Read more
Race Distribution in White County, Illinois (2022)
Educational Attainment in White County, Illinois (2022)
Age Distribution in White County, Illinois
Citizen Population in White County, Illinois (2022)
Political Trends & Data
White County, Illinois, exhibited a pronounced Republican tilt in the 2020 U.S. Presidential Election, with about 78% of votes cast for the GOP. Democrats saw only a bit more than 20% of the vote, while Libertarians and other minor parties barely surpassed 1%. This conservative lean could influence local governance and policy decisions, creating a likely tie to broader state political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
White County, Illinois, trended heavily Republican in the 2020 U.S. Presidential Election, with the party securing nearly 78% of the vote. Democrats lagged significantly behind, garnering just over 20%. Libertarians and other minor parties barely made a dent, collectively reaching just over 1%. This suggests a strong conservative leaning within the county's electorate, potentially guiding local and state political strategies.
78.04% of voters voted for the Republican party in the 2020 Presidential Election
20.44% of voters voted for the Democrat party in the 2020 Presidential Election
1.10% 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
0.11% of voters voted for the Other party in the 2020 Presidential Election
School Data
White County, Illinois has seen a decline in its student-to-teacher ratio from 15 in 2014 to 12 in 2023, falling below the national average of 14. This trend might indicate better classroom attention and educational outcomes, possibly enhancing the county's appeal to prospective homeowners and investors. Builders and appraisers could view these changes as signs of a community investing in quality of life improvements, potentially affecting property values and... Read more
Student-to-teacher ratio in White County, Illinois over the last 9 years
White County, Illinois has seen a notable decline in its student-to-teacher ratio over the past nine years, dropping from 15 students per teacher in 2014 to just 12 in 2023. This shift brings the county below the national average of 14 students per teacher, potentially signaling improved classroom attention and educational outcomes. For prospective homeowners, investors, and real estate agents, such trends may hint at a more individualized educational environment, enhancing the county's appeal. Builders and appraisers could interpret these changes as indicative of a community investing in quality of life improvements, potentially influencing property values and demand.
