Calhoun County Real Estate and Livability Trends
In Calhoun County, Michigan, median home values have seen a notable rise from $96,000 in 2015 to $138,700 in 2022, still below state and national averages. The increase in average real estate taxes from $3,120.24 in 2012 to $5,054.17 in 2021 could signal higher property values or a greater demand for local government funding. Moreover, the trend of increasing mortgage activity on principal... Read more
Calhoun County Market Trends
Calhoun County, Michigan has seen an upward trend in median home values, rising from $96,000 in 2015 to $138,700 in 2022, though still lagging behind state and national averages. Residential energy tax credits have displayed a wide range, peaking at $2530.00 in 2018, offering potential savings and incentives for energy-efficient investments. Average real estate taxes have significantly increased... Read more
Median Value of Occupied Housing Units in Calhoun County, Michigan Over the Last 8 Years
Calhoun County, Michigan has experienced steady appreciation in median home values over the last 8 years, with an increase from $96,000 in 2015 to $138,700 in 2022. While these figures indicate growth, they still fall short when compared to the broader trends in Michigan and the United States. In Michigan, median home values have risen from $122,400 in 2015 to $201,100 in 2022, overshadowing the gains in Calhoun County. Nationally, the escalation is more pronounced, with values going from $125,500 to $179,400 during the same period. For investors and future homeowners, this data suggests that while Calhoun County offers a more affordable entry point, the long-term appreciation may not match the broader state and national levels.
Residential Energy Tax Credit Per Tax Return in Calhoun County, MI Over the Last 9 Years
Over the past nine years in Calhoun County, Michigan, average residential energy tax credits per tax return have shown significant variability, peaking in 2018 at $2530.00 and dipping to a low in both 2013 and 2014, with values around $255.56 to $300.64. Notably, there has been a general upward trend, making the area potentially attractive for those interested in energy-efficient investments and savings. It's a noteworthy metric for real estate agents, appraisers, and insurance agents as it reflects the community's increasing adoption of energy-efficient measures, which could impact property values and insurance premiums.
Average Real Estate Taxes Per Tax Return in Calhoun County, MI Over the Last 10 Years
Over the past decade, Calhoun County, Michigan, has experienced a notable increase in average real estate taxes per tax return, jumping from approximately $3,120.24 in 2012 to around $5,054.17 in 2021. This upward trend, with significant peaks like the spike to $4,589.35 in 2018, suggests a changing economic landscape, potentially driven by rising property values or increased local government funding needs. For investors, appraisers, and real estate agents, understanding this shift is key to gauging the overall real estate market health and future tax liabilities in the area.
Percentage of Farm Returns in Calhoun County, MI Over the Last 10 Years
Over the past decade, Calhoun County, Michigan has shown a slight but noticeable decline in farm tax returns, dropping from 1.60% in 2012 to about 1.40% in recent years. These returns represent a small yet important segment of the local economy and could imply shifts in agricultural productivity, land use, or economic priorities. For potential investors, property developers, or those considering moving to the area, understanding this trend might offer insights into the evolving economic landscape and the viability of agricultural ventures in the region.
Number of Mortgages by Occupancy Type in Calhoun County, MI Over the Last 5 Years in Calhoun County
In Calhoun County, Michigan, the majority of mortgage activity over the last five years has centered on principal residences, with numbers peaking around 8160 in 2021. This suggests a stable demand for primary living spaces. Investment properties have shown a gradual increase, indicating potential for profitable real estate ventures. Second residences, while consistently lower in number, saw a noticeable uptick in 2020, possibly driven by market conditions or lifestyle changes. For investors and developers, the year-over-year changes in occupancy types are crucial; shifts toward principal residences reflect broader economic stability, whereas growth in investment properties could signify lucrative opportunities. Appraisers and insurance agents should also note these trends, as they influence property valuations and risk assessments.
Economic Outlook
In Calhoun County, Michigan, the average taxable income per tax return has shown a steady increase from around $46,449.49 in 2013 to approximately $58,904.01 in 2021. Alongside this, state and local income taxes have almost doubled from $4,715.87 in 2012 to $8,625.91 in 2021, hinting at possible regional growth or increased public services. The average total tax liability has seen ups and downs but generally indicates a rising trend, peaking at approximately $8,294.09 in 2017 and rebounding... Read more
Average Taxable Income per Tax Return in Calhoun County, MI over the last 9 years
Over the last nine years, the average taxable income per tax return in Calhoun County, Michigan has exhibited a steady climb from approximately $46,449.49 in 2013 to about $58,904.01 in 2021. This upward trajectory suggests that the region's economic conditions may be improving, which could be appealing to investors, property developers, and real estate agents. With a nearly consistent rise year over year, except for a slight plateau between 2018 and 2020, the area shows potential for sustained income growth, potentially translating to increased property values and a more robust market for insurance agents and appraisers.
Average State and Local Income Taxes Per Tax Return in Calhoun County, MI Over the Last 10 Years
Investors and potential residents eyeing Calhoun County, Michigan, should note the significant rise in average state and local income taxes per tax return over the past decade. From $4,715.87 in 2012 to $8,625.91 in 2021, taxes have almost doubled, which may indicate burgeoning regional investments, enhanced public services, or shifting fiscal policies. This upward trend suggests a dynamic economic environment, potentially appealing to those considering long-term investments or property development in the area.
Average Total Tax Liability Per Tax Return in Calhoun County, MI Over the Last 10 Years
In Calhoun County, Michigan, the average total tax liability per tax return has experienced noticeable fluctuations over the past decade. Starting at approximately $6,950.49 in 2012, there was a general upward trend peaking in 2017 at around $8,294.09. The liability dipped slightly from 2018 to 2020, bottoming out at about $7,246.69 in 2020, before rising again to over $8,097.28 in 2021. For potential investors and those involved in real estate, these shifts might indicate changing economic conditions, such as varied income levels or legislative adjustments affecting tax liabilities, which could impact property valuation and investment strategies.
Cost of Living in Calhoun County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,224 | $1,404 | $1,663 | $1,622 | $1,200 |
| 1 adult 4 children | $1,224 | $1,146 | $1,278 | $1,622 | $1,320 |
| 2 adults 3 children | $1,224 | $1,147 | $1,439 | $1,622 | $1,009 |
| 1 adult 3 children | $1,224 | $936 | $1,055 | $1,622 | $1,107 |
| 2 adults 2 children | $958 | $939 | $1,216 | $1,415 | $878 |
| 1 adult 2 children | $958 | $701 | $831 | $1,415 | $834 |
| 2 adults 1 child | $958 | $742 | $993 | $743 | $777 |
| 1 adult 1 child | $958 | $479 | $608 | $743 | $657 |
| 2 adults | $779 | $596 | $769 | $0 | $609 |
| 1 adult | $697 | $325 | $385 | $0 | $503 |
Safety trends & Data
Calhoun County, Michigan has seen fluctuating property crime trends over the past five years, with notable peaks in burglary at 71 incidents in 2022 and larceny-theft surging to 152, despite its lowest count being 90 in 2021. Motor vehicle thefts have been relatively stable but increased slightly, from 12 in 2020 to 22 in 2019 and again in 2021. These trends are likely to influence decisions for investors, real estate agents, and homeowners concerning regional safety and potential property... Read more
Property Crime Trends in Calhoun County, MI Over the Last 5 Years
In Calhoun County, Michigan, property crimes have shown fluctuating trends over the past five years, with notable variances in categories such as burglary, larceny-theft, and motor vehicle theft. Burglary cases peaked in 2022 with 71 incidents, while larceny-theft saw its lowest count in 2021 at 90 incidents but spiked to 152 in 2022. Motor vehicle thefts stayed relatively stable but had a slight increase from 12 in 2020 to 22 in both 2019 and 2021. These shifts highlight varying challenges in securing properties and could impact decisions for potential investors, real estate agents, and homeowners about the region's safety and the need for property insurance adjustments.
Demographics
Calhoun County, Michigan shows a relatively balanced sex distribution with a slightly higher female population. Educational attainment reveals a high proportion of residents with high school diplomas, while advanced degrees are less common. The age distribution highlights a significant segment in the 25 to 34 year range, with a gradual increase in older age groups. Racial composition is predominantly White, with smaller percentages of Black or African American and other racial... Read more
Race Distribution in Calhoun County, Michigan (2022)
Educational Attainment in Calhoun County, Michigan (2022)
Age Distribution in Calhoun County, Michigan
Citizen Population in Calhoun County, Michigan (2022)
Political Trends & Data
Calhoun County, Michigan, displayed a significant Republican preference in the 2020 Presidential Election, with the GOP securing around 55% of the vote against the Democrats' 44%. Minor parties like the Libertarians and Greens had a negligible impact, with just over 1% and under 1% respectively. This leaning might shape both local and state political strategies to cater more towards conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Calhoun County in Michigan showed a notable preference for the Republican party in the 2020 U.S. Presidential Election, edging out the Democrats with approximately 55% of the vote compared to about 44%. Although Libertarians and Green party candidates were present, their impact seems minimal, securing just over 1% and under 1% respectively. This trend could suggest a strong conservative leaning in the region, which might influence local and state political strategies.
54.65% of voters voted for the Republican party in the 2020 Presidential Election
43.57% of voters voted for the Democrat party in the 2020 Presidential Election
1.34% 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
0.24% of voters voted for the Other party in the 2020 Presidential Election
School Data
Calhoun County, Michigan's student-to-teacher ratio has settled around 18 students per teacher, notably higher than the national average of 14. This could imply larger class sizes and possibly less individualized attention for students, influencing property investments, school choice, and community involvement. Families prioritize educational resources, so real estate trends and property values could be impacted by this educational factor. Builders and insurance agents might also find this data... Read more
Student-to-teacher ratio in Calhoun County, Michigan over the last 10 years
Calhoun County, Michigan has seen fluctuations in its student-to-teacher ratio over the past decade, with recent years stabilizing around 18 students per teacher. This ratio is consistently higher than the national average of 14, which might suggest larger class sizes and potentially less individualized attention for students. For those considering investing or moving to the area, this detail could impact decisions around property investments, school choice, or community engagement. Real estate agents and appraisers might note that educational resources and class sizes are critical factors for families when selecting neighborhoods, potentially affecting property values and demand. Insurance agents and builders could also use this information to gauge community needs and growth trends.
