Antrim County Real Estate and Livability Trends
Antrim County, Michigan has experienced significant economic and real estate trends in recent years. The average taxable income per tax return grew from $50,867.02 in 2013 to $79,723.73 in 2021, possibly signaling a stronger local economy and impacting property values. With median home values rising from $140,700 in 2015 to $199,800 in 2022, surpassing state and national averages, this area could... Read more
Antrim County Market Trends
Over the past eight years, Antrim County, Michigan, has witnessed a notable rise in median home values, jumping from $140,700 in 2015 to $199,800 in 2022. This growth surpasses both the Michigan state average and national median values, perhaps indicating strong investment potential. Additionally, fluctuations in residential energy tax credits, peaking at $2,400.00 in 2018, suggest changing local... Read more
Median Value of Occupied Housing Units in Antrim County, Michigan Over the Last 8 Years
Over the past eight years, Antrim County, Michigan has seen a significant increase in median home values, from $140,700 in 2015 to $199,800 in 2022. This upward trend surpasses both Michigan's state average and the national median, which reached $201,100 and $179,400 respectively by 2022. Such increases highlight the county's growing appeal and might suggest an advantageous market for potential investors, homeowners, and developers who are looking for promising returns or new opportunities.
Residential Energy Tax Credit Per Tax Return in Antrim County, MI Over the Last 9 Years
Over the last nine years, residents in Antrim County, Michigan have seen notable fluctuations in the average residential energy tax credit per tax return. The data peaks dramatically in 2018 at $2,400.00, suggesting some temporary local incentives or higher adoption of energy-efficient home upgrades. Although it dropped to $800.00 in 2019, there was a steady increase again by 2021 to $1,033.33. Trends like these could indicate shifts in energy policy or homeowner behavior, valuable for investors or real estate agents assessing the long-term appeal and sustainability features of properties in the area.
Average Real Estate Taxes Per Tax Return in Antrim County, MI Over the Last 10 Years
In Antrim County, Michigan, average real estate taxes per tax return have seen a notable upward trajectory over the past decade, jumping from around $4,301.43 in 2012 to $8,561.19 by 2021. This steep rise suggests a possible increase in property values and changing demographics. The sharpest increases occurred between 2017 and 2018, and again between 2019 and 2020, which may indicate significant property market shifts or local economic developments. This trend might be particularly relevant for investors and real estate agents eyeing potential growth, appraisers evaluating property values, and insurers considering risk assessments for new policies.
Percentage of Farm Returns in Antrim County, MI Over the Last 10 Years
Farm tax returns in Antrim County, Michigan, have shown a decreasing trend over the past decade. While the percentage hovered around 2.2% in 2012 and 2013, it has gradually declined to roughly 1.6% by 2021. This drop might indicate changes in the agricultural sector or economic conditions affecting farm profitability. Understanding these shifts can be crucial for those considering agricultural investments or property development in the area, as they may reflect broader economic health and opportunities within the county.
Number of Mortgages by Occupancy Type in Antrim County, MI Over the Last 5 Years in Antrim County
Mortgage trends in Antrim County, Michigan over the past five years show a fluctuating landscape in occupancy type. Principal residences had a significant peak in 2021 with 1,381 mortgages, which then dipped to 962 in 2022. Second residences saw consistent growth until a spike to 602 mortgages in 2020, followed by a reduction in subsequent years. Investment properties had minor fluctuations but remained relatively stable. Shifts in occupancy type can signal changing socio-economic conditions, impacting property valuations, insurance premiums, and development planning. For investors, real estate agents, or prospective residents, these trends may suggest shifting demand and investment potential in different property categories.
Economic Outlook
Antrim County, Michigan has seen an impressive climb in average taxable income per tax return over the past nine years, growing from $50,867.02 in 2013 to $79,723.73 in 2021. This trend may signal a strengthening local economy, which could attract investors and new residents, likely impacting property values and insurance premiums. Concurrently, average state and local income taxes per return have soared, particularly between 2017 and 2021, reflecting potential shifts in tax policies or... Read more
Average Taxable Income per Tax Return in Antrim County, MI over the last 9 years
Over the past 9 years, Antrim County, Michigan has generally observed a steady increase in the average taxable income per tax return, growing from $50,867.02 in 2013 to $79,723.73 in 2021. This upward trend might indicate an improving economic landscape, potentially making the area more attractive for investors and new residents. Such a trend could also suggest rising property values, possibly impacting appraisals and insurance premiums, as the local economy strengthens. Real estate agents and property developers might find this growth indicative of robust demand and favorable market conditions in the region.
Average State and Local Income Taxes Per Tax Return in Antrim County, MI Over the Last 10 Years
Over the past decade, Antrim County, Michigan has seen a notable increase in average state and local income taxes per tax return, jumping from $5,190.61 in 2012 to $13,382.26 in 2021. The sharpest rises occurred between 2017 and 2021, where amounts nearly doubled or more each year, reflecting possible changes in local economic conditions, tax policies, or demographic shifts. For those eyeing investment or relocation, this trend suggests growing fiscal obligations in this region.
Average Total Tax Liability Per Tax Return in Antrim County, MI Over the Last 10 Years
Antrim County, Michigan has seen a notable rise in average total tax liability per tax return over the past decade. This liability grew from approximately $9,003.54 in 2012 to about $13,857.23 in 2021. Peaks in 2016 and 2020 reflect jumps to $10,400.59 and $11,633.11, respectively, suggesting possible economic shifts or policy changes impacting residents’ finances. For potential investors and real estate agents, this upward trend might indicate a growing local economy, while appraisers and insurance agents may need to consider these factors when evaluating property values and associated risks.
Cost of Living in Antrim County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,106 | $1,584 | $1,603 | $1,363 | $1,221 |
| 1 adult 4 children | $1,106 | $1,294 | $1,224 | $1,363 | $1,335 |
| 2 adults 3 children | $1,106 | $1,294 | $1,392 | $1,363 | $1,014 |
| 1 adult 3 children | $1,106 | $1,057 | $1,013 | $1,363 | $1,104 |
| 2 adults 2 children | $855 | $1,060 | $1,181 | $1,182 | $884 |
| 1 adult 2 children | $855 | $791 | $802 | $1,182 | $826 |
| 2 adults 1 child | $855 | $837 | $970 | $591 | $792 |
| 1 adult 1 child | $855 | $541 | $591 | $591 | $662 |
| 2 adults | $727 | $673 | $759 | $0 | $677 |
| 1 adult | $572 | $367 | $379 | $0 | $533 |
Safety trends & Data
Antrim County, Michigan's property crime trends have fluctuated over the past five years. Burglaries decreased from 5 incidents in 2018 to 1 in 2022, while larceny-theft saw a notable rise to 6 arrests in 2022 after dipping to 2 in 2020 and 2021. Motor vehicle theft has stayed low but steady, and though there was a brief spike in fraud cases, they've mostly stabilized. These crime patterns might influence property values, insurance rates, and considerations for both potential investors and... Read more
Property Crime Trends in Antrim County, MI Over the Last 5 Years
Antrim County, Michigan has shown notable fluctuations in property crime trends over the past five years. Burglary incidents have generally decreased from a peak of 5 in 2018 down to 1 in 2022. Larceny-theft has varied but saw a significant spike back up to 6 arrests in 2022 after a low of 2 in both 2020 and 2021. Motor vehicle theft has remained relatively low but steady, with minor increases. Frauds saw a brief surge early on but have mostly stabilized. Overall, these patterns suggest varying criminal activity that could impact property values and insurance rates, as well as considerations for potential investors and current residents about the locality's safety and security trends.
Demographics
Antrim County, Michigan, shows a fairly balanced gender distribution, with slightly more females than males. A significant portion of residents have at least some college education, though high school graduates without further education comprise the largest single group. The age distribution suggests a substantial number of older adults, particularly those aged 55 to 74, indicating a potential focus on services catering to seniors. The racial demographics are predominantly White, with very... Read more
Race Distribution in Antrim County, Michigan (2022)
Educational Attainment in Antrim County, Michigan (2022)
Age Distribution in Antrim County, Michigan
Citizen Population in Antrim County, Michigan (2022)
Political Trends & Data
In Antrim County, Michigan, the 2020 U.S. Presidential Election results may indicate a strong Republican leaning, with around 61% of the vote going to the GOP and approximately 37% to Democrats. Third-party candidates had minimal influence, potentially pointing to a deeply conservative voter base. This political landscape might influence various aspects of local real estate, particularly regarding development projects and community planning... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Antrim County, Michigan, likely saw a strong Republican showing in the 2020 U.S. Presidential Election, with about 61% of the vote, compared to roughly 37% for Democrats. Third-party candidates seemed to have a minimal impact, with Libertarians garnering just over 1% of votes, and even smaller fractions going to Green Party and other parties. This trend may suggest a predominantly conservative voter base in this locality.
61.12% of voters voted for the Republican party in the 2020 Presidential Election
37.37% of voters voted for the Democrat party in the 2020 Presidential Election
1.19% of voters voted for the Livertarian party in the 2020 Presidential Election
0.18% of voters voted for the Green party in the 2020 Presidential Election
0.15% of voters voted for the Other party in the 2020 Presidential Election
School Data
Antrim County, Michigan consistently sees student-to-teacher ratios around 17 to 18, higher than the national average. This trend might influence families seeking individualized attention for their children, impacting their relocation choices. Real estate agents, investors, and developers may find this data crucial for gauging local demand for education amenities or pushing for more educational infrastructure to draw... Read more
Student-to-teacher ratio in Antrim County, Michigan over the last 10 years
Antrim County, Michigan has consistently shown student-to-teacher ratios above the national average, hovering around 17 to 18 students per teacher. This trend suggests that classrooms in the area may be more crowded compared to much of the country. This higher ratio could be a critical factor for families prioritizing individualized attention for their children, potentially influencing their decision to move to or away from the county. For real estate agents and investers, understanding this trend can offer insight into the local demand for education-related amenities, while appraisers and insurance agents might use this data to help assess community support services and value adjustments. Builders considering new developments might need to advocate for additional educational infrastructure to attract families.
