Cass County Real Estate and Livability Trends
Cass County, Michigan's median home values have surged from $122,800 in 2015 to $181,100 in 2022, outpacing state and national averages since 2020. The county's focus on energy-efficient home improvements, as seen in the spike of residential energy tax credits to $2,842.86 in 2018, might attract eco-conscious buyers. Real estate taxes have nearly doubled from around $2,967.66 in 2012 to $6,447.57... Read more
Cass County Market Trends
Cass County, Michigan has seen a notable rise in median home values from $122,800 in 2015 to $181,100 in 2022, outpacing both state and national averages since 2020. The area’s spike in residential energy tax credits, peaking at $2842.86 in 2018, suggests a surge in energy-efficient home improvements, enhancing property appeal to eco-conscious buyers. Additionally, the average real estate taxes... Read more
Median Value of Occupied Housing Units in Cass County, Michigan Over the Last 8 Years
Cass County, Michigan has seen a consistent increase in median home values over the last eight years, growing from $122,800 in 2015 to $181,100 in 2022. While both the national and Michigan state figures show similar upward trends, Cass County's rise appears slightly more pronounced since 2020. This trend suggests that the area could be becoming increasingly attractive for investment, possibly due to local developments or favorable living conditions. It's worth noting that the median home value in Michigan grew more swiftly than the national average, especially in the past couple of years, which could indicate a broader trend of increasing property values within the state.
Residential Energy Tax Credit Per Tax Return in Cass County, MI Over the Last 9 Years
The trends in Cass County, Michigan, show a noticeable spike in residential energy tax credits per tax return, particularly from 2018, peaking at $2842.86 before stabilizing in recent years. This spike might suggest increased investments in energy-efficient home improvements or renewable energy installations. For investors or property developers, this trend indicates a growing interest in sustainable living, which could enhance property values and attract eco-conscious buyers. For insurance agents and appraisers, higher energy credits could imply homes with modern upgrades, potentially altering home valuations and insurance policies. Real estate agents can leverage these insights to highlight energy-efficient features when marketing homes to prospective buyers.
Average Real Estate Taxes Per Tax Return in Cass County, MI Over the Last 10 Years
The average real estate taxes per tax return in Cass County, Michigan have shown a steady increase over the last decade, starting from approximately $2,967.66 in 2012 to nearly $6,447.57 by 2021. Notably, there was a significant jump between 2017 and 2018, with taxes rising from about $3,681.84 to approximately $5,263.00. This upward trend could be a key consideration for potential investors, homeowners, and real estate professionals when evaluating the financial landscape. It also serves as a valuable data point for appraisers and insurance agents assessing the area's economic dynamics.
Percentage of Farm Returns in Cass County, MI Over the Last 10 Years
The percentage of farm tax returns in Cass County, Michigan has shown a generally downward trend over the last 10 years, starting at roughly 2.52% in 2012 and dipping to approximately 1.98% by 2021. Despite a few minor fluctuations, the consistent decline could indicate evolving economic conditions or shifts in agricultural viability. Farm tax returns reflect the number of farm operations filing taxes, offering insights into the agricultural activity and investment potential in the area. Those looking to invest, move, or build in Cass County might find this data pertinent when assessing the local economic landscape and its potential for agricultural development.
Number of Mortgages by Occupancy Type in Cass County, MI Over the Last 5 Years in Cass County
In Cass County, Michigan, over the past five years, the number of mortgages for principal residences generally shows an increasing trend, peaking in 2021 with 3,456 mortgages before dropping to 2,485 in 2022. Investment properties have seen minor fluctuations, maintaining figures around 55 to 69 mortgages annually. Meanwhile, mortgages for second residences increased significantly in 2020 and 2021 but have somewhat decreased in 2022. Shifts in the types of property occupancy can impact various stakeholders. For investors, consistently low numbers in investment property mortgages might suggest less competitive conditions or a balanced rental market. Prospective homeowners or movers will find the fluctuating figures relevant for timing their purchase, as higher principal residence mortgages might correlate with increased housing demand. Real estate agents and appraisers might find these trends useful for advising clients and making market predictions, while insurance agents might need to adjust their risk assessments and policy offerings accordingly. Understanding these figures is crucial for anyone engaged in the real estate market within Cass County.
Economic Outlook
Cass County, Michigan has seen a notable rise in average taxable income per tax return, jumping to $86,764.13 in 2021 from $50,721.26 in 2013. This trend might hint at economic growth, attracting attention from investors and real estate stakeholders. Meanwhile, average state and local income taxes have surged, reaching $20,644.04 in 2021 from $5,462.72 a decade ago, suggesting economic shifts or policy changes. Additionally, average total tax liability per return has generally risen, with a... Read more
Average Taxable Income per Tax Return in Cass County, MI over the last 9 years
Cass County, Michigan has seen an increase in average taxable income per tax return over the past nine years, with a significant jump to $86,764.13 in 2021 from $50,721.26 in 2013. This upward trend, particularly notable between 2020 and 2021, may suggest economic growth or shifts in local demographics and employment opportunities. This could indicate potential for property value appreciation and investment opportunities, making it interesting for real estate agents, investors, and builders. However, the considerable increase in 2021 warrants a cautious examination of underlying factors like temporary economic policies or one-time events that could have influenced this spike.
Average State and Local Income Taxes Per Tax Return in Cass County, MI Over the Last 10 Years
In Cass County, Michigan, average state and local income taxes per tax return have been on a steady increase over the last decade, starting at $5,462.72 in 2012 and reaching $20,644.04 in 2021. This dramatic rise, particularly accelerating from 2018 onwards, potentially points to economic shifts, changes in tax policies, or income growth in the area. For investors or those planning to move to Cass County, understanding these tax trends can provide insights into the region's economic climate and cost of living, signaling the importance of tax planning in financial decisions.
Average Total Tax Liability Per Tax Return in Cass County, MI Over the Last 10 Years
Over the past decade, average total tax liability per tax return in Cass County, Michigan has shown a general upward trend. Notable spikes include a significant increase from $11,130.57 in 2018 to $16,147.32 in 2021, potentially indicating rising incomes or shifting tax policies. For potential investors or those considering property development or relocation in the area, understanding these changing tax dynamics could be crucial for financial planning. Real estate agents and appraisers may find this data valuable for assessing property values and market conditions.
Cost of Living in Cass County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,194 | $1,464 | $1,766 | $1,629 | $1,309 |
| 1 adult 4 children | $1,194 | $1,195 | $1,358 | $1,629 | $1,434 |
| 2 adults 3 children | $1,194 | $1,196 | $1,528 | $1,629 | $1,102 |
| 1 adult 3 children | $1,194 | $976 | $1,120 | $1,629 | $1,205 |
| 2 adults 2 children | $889 | $979 | $1,291 | $1,421 | $927 |
| 1 adult 2 children | $889 | $731 | $883 | $1,421 | $885 |
| 2 adults 1 child | $889 | $774 | $1,054 | $746 | $816 |
| 1 adult 1 child | $889 | $500 | $646 | $746 | $687 |
| 2 adults | $721 | $622 | $816 | $0 | $649 |
| 1 adult | $692 | $339 | $408 | $0 | $540 |
Safety trends & Data
Cass County, Michigan has experienced fluctuating property crime trends over five years, with larceny-theft persistently high. Vandalism spiked notably in 2019 with 21 incidents and again in 2022 with 19 incidents, suggesting periodic upticks. Embezzlement remained low, peaking at just three incidents in 2021. Property investors and real estate professionals might find these insights critical for assessing security investment needs, while appraisers and insurance agents could use these trends... Read more
Property Crime Trends in Cass County, MI Over the Last 5 Years
Cass County, Michigan has seen fluctuating trends in property crime over the past five years, with certain categories like larceny-theft consistently presenting high numbers compared to others. Notably, vandalism saw a significant spike in 2019 with 21 incidents, nearly doubling from the previous year, and another peak in 2022 with 19 incidents after a slight dip. Embezzlement remained relatively low, peaking only slightly in 2021 with three incidents. Property investors or real estate agents may find these insights critical as they indicate areas where security investments might be warranted, while appraisers and insurance agents might use these trends to assess risk and valuation more accurately.
Demographics
Cass County, Michigan, shows a near-even split between male and female adults, suggesting a balanced gender representation. Educationally, the county leans heavily towards high school graduates and those with some college experience, though only a small segment has attained graduate degrees. Age-wise, a significant portion of the population is middle-aged, particularly within the 55 to 64 age bracket. Racially, the county is predominantly White, with small fractions of other races, indicating... Read more
Race Distribution in Cass County, Michigan (2022)
Educational Attainment in Cass County, Michigan (2022)
Age Distribution in Cass County, Michigan
Citizen Population in Cass County, Michigan (2022)
Political Trends & Data
Cass County, Michigan, exhibited a clear preference for the Republican party in the 2020 U.S. Presidential Election, with Republicans earning approximately 64% of the vote. Democrats, on the other hand, received around 35%, suggesting a conservative-leaning electorate. However, the notable Democratic presence might point to a politically diverse environment. Minor parties had minimal influence, collecting only a small fraction of the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Cass County, Michigan, the 2020 U.S. Presidential Election results suggested a leaning towards the Republican party, which secured roughly 64% of the vote. In comparison, the Democratic party garnered about 35%. Minor parties, including the Libertarian and Green parties, along with other candidates, captured a very small portion of the electorate. This pattern might indicate a predominantly conservative voter base, but the significant portion of votes for Democrats could imply some level of political diversity.
63.70% of voters voted for the Republican party in the 2020 Presidential Election
34.83% of voters voted for the Democrat party in the 2020 Presidential Election
1.09% of voters voted for the Livertarian party in the 2020 Presidential Election
0.17% of voters voted for the Green party in the 2020 Presidential Election
0.21% of voters voted for the Other party in the 2020 Presidential Election
School Data
Cass County, Michigan's student-to-teacher ratio has sharply dropped from a high of about 36 in 2014 to around 20 by 2023. Although it still exceeds the national average of 14, this notable improvement could be a key factor for investors and families eyeing the area. Lower ratios often correlate with better educational quality, potentially impacting property values positively and making the county more attractive for new... Read more
Student-to-teacher ratio in Cass County, Michigan over the last 10 years
Over the past decade, the student-to-teacher ratio in Cass County, Michigan has seen significant fluctuations. From a peak of around 36 students per teacher in 2014, the ratio has trended downward, reaching approximately 20 in 2023. This marks a notable improvement, though it still remains above the national average of 14 students per teacher. These changes can be crucial for potential investors, real estate agents, and families considering moving to the area, as lower student-to-teacher ratios are often associated with better individual attention and potentially higher educational quality. Additionally, insurance agents and appraisers might find these trends indicative of increasing or stabilizing property values, as education quality can be a strong driver of residential desirability.
