Clinton County Real Estate and Livability Trends
Clinton County, Michigan, is displaying promising trends for homeowners and investors, with a significant rise in average taxable incomes from $60,311.06 in 2013 to $86,372.02 in 2021, coupled with increasing state and local income taxes which suggest economic growth or policy changes. Real estate taxes have surged, likely due to rising property values. The median home values have consistently... Read more
Clinton County Market Trends
Clinton County, Michigan has seen a steady climb in median home values over eight years, outperforming both state and national averages, which might attract homebuyers and investors looking for strong returns. The typical residential energy tax credit per return spiked in 2018, hinting at heightened interest in energy-efficient homes or policy shifts. Real estate taxes have increased notably,... Read more
Median Value of Occupied Housing Units in Clinton County, Michigan Over the Last 8 Years
Over the past eight years, Clinton County, Michigan has seen a consistent rise in median home values, with an increase from $154,400 in 2015 to $226,000 in 2022. This outpaces Michigan's state-wide growth, where the median home value rose from $122,400 in 2015 to $201,100 in 2022. On a national level, Clinton County's growth also surpasses the U.S. average, which climbed from $125,500 to $179,400 during the same period. These trends suggest a strong, accelerating local housing market, which could entice potential homebuyers and investors seeking higher returns or stable long-term value in this region.
Residential Energy Tax Credit Per Tax Return in Clinton County, MI Over the Last 9 Years
Over the past nine years in Clinton County, Michigan, the average residential energy tax credit per tax return has shown notable fluctuations, most strikingly in 2018 with a peak average credit of $4,166.67, potentially indicating a surge in energy-efficient home investments or significant policy changes. The figures reflect varying levels of investment and interest in sustainable living solutions across the county. While recent years (2019-2021) suggest a stabilization around the $1,000 mark, this data could be useful for investors, real estate agents, and insurance agents assessing the market for energy-efficient properties and the potential for tax benefits. The variability and spikes may further indicate shifting incentives or adoption rates for green energy solutions in the area, providing a nuanced picture for those interested in the local residential energy trends.
Average Real Estate Taxes Per Tax Return in Clinton County, MI Over the Last 10 Years
Clinton County, Michigan has seen a notable increase in average real estate taxes per tax return over the past decade, moving from $3,501.12 in 2012 to $6,293.78 in 2021. This trend indicates a gradual but significant rise, particularly marked by larger jumps in recent years, such as from $4,090.62 in 2017 to $5,451.79 in 2018, and then to $5,968.81 in 2020. This trajectory might suggest increasing property values or changes in tax policy. These figures could be critical for anyone evaluating potential investments, considering relocation, assessing property values for appraisals, or determining insurance costs within the county.
Percentage of Farm Returns in Clinton County, MI Over the Last 10 Years
Over the last decade, farm tax returns in Clinton County, Michigan, have shown a slight downward trend. Starting at 3.22% in 2012, the rate decreased to around 2.57% by 2020 before inching back up to 2.63% in 2021. Farm tax returns indicate the percentage of income tax filings related to farming activities, affecting investment potential and property valuations, especially for those considering agricultural ventures. Farmers and potential investors might need to be aware of these subtle shifts when assessing the county's agricultural economy and related opportunities.
Number of Mortgages by Occupancy Type in Clinton County, MI Over the Last 5 Years in Clinton County
Clinton County, Michigan, has witnessed noteworthy fluctuations in mortgage counts for various occupancy types over the past five years. Principal residences have consistently dominated the market, peaking in 2021 with 5,990 mortgages, but seeing a significant drop by 2022. Investment properties have shown a slight decline, while second residences remain relatively minimal but stable. These shifts may indicate broader economic trends, such as market demand or interest rate changes, which can be crucial for investors, real estate agents, and anyone looking to move to or develop property in the area. Understanding these trends helps appraisers and insurance agents assess property values and risk accurately.
Economic Outlook
Clinton County, Michigan, appears to be an attractive locale for homeowners and investors, seeing a steady rise in average taxable income per tax return from $60,311.06 in 2013 to $86,372.02 in 2021, suggesting a healthy economic environment. Notably, average state and local income taxes per tax return have climbed from $4,873.68 in 2012 to $10,780.00 in 2021, potentially signifying growing incomes or tweaks in tax policy. The county's total tax liability per tax return also recorded a surge,... Read more
Average Taxable Income per Tax Return in Clinton County, MI over the last 9 years
Homeowners, real estate professionals, and investors will find Clinton County, Michigan, enticing due to a steady rise in average taxable income per tax return over the past nine years. From $60,311.06 in 2013 to $86,372.02 in 2021, the county sees overall consistent income growth, peaking notably in 2021. While there was a slight dip between 2018 and 2019, the income trajectory suggests a healthy economic environment which may positively impact property values and development opportunities.
Average State and Local Income Taxes Per Tax Return in Clinton County, MI Over the Last 10 Years
Clinton County, Michigan has seen a steady increase in average state and local income taxes per tax return over the past decade, with notable jumps between 2017 and 2021. The rise from $4,873.68 in 2012 to $10,780.00 in 2021 highlights potentially growing incomes or changes in tax policy. For individuals and businesses considering investment or relocation, these trends could signal economic growth or increasing tax burdens that might impact financial planning and living costs.
Average Total Tax Liability Per Tax Return in Clinton County, MI Over the Last 10 Years
Over the past decade, Clinton County, Michigan has seen a notable increase in the average total tax liability per tax return. Starting around $9,559.00 in 2012, the liability gradually rose, reaching $11,210.85 in 2017, a dip in 2019, and then a sharp spike to $14,650.47 in 2021. This upward trend, especially the significant jump last year, might be indicative of rising incomes or property values and could influence decisions for investors, potential homeowners, real estate agents, and relevant professionals assessing the financial landscape of the area.
Cost of Living in Clinton County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,323 | $1,424 | $1,638 | $1,896 | $1,401 |
1 adult 4 children | $1,323 | $1,163 | $1,259 | $1,896 | $1,557 |
2 adults 3 children | $1,323 | $1,163 | $1,418 | $1,896 | $1,201 |
1 adult 3 children | $1,323 | $949 | $1,039 | $1,896 | $1,340 |
2 adults 2 children | $1,024 | $952 | $1,198 | $1,654 | $1,001 |
1 adult 2 children | $1,024 | $711 | $819 | $1,654 | $1,031 |
2 adults 1 child | $1,024 | $752 | $978 | $868 | $887 |
1 adult 1 child | $1,024 | $486 | $599 | $868 | $766 |
2 adults | $836 | $604 | $758 | $0 | $679 |
1 adult | $806 | $330 | $379 | $0 | $556 |
Safety trends & Data
Clinton County, Michigan, has seen varied trends in property crimes over the last five years. Larceny-theft peaked at 44.0 cases in 2019 but has shown a general downward trend, ending at 17.0 cases in 2022. Vandalism incidents spiked to 13.0 cases in 2019 but remain relatively low overall. Motor vehicle thefts have stayed stable, averaging around 4.0 cases annually. These crime trends signal potential hotspots and stability zones for real estate investors, affecting how appraisers and insurance... Read more
Property Crime Trends in Clinton County, MI Over the Last 5 Years
Clinton County, Michigan, has seen varied trends in property crimes over the last five years. Larceny-theft remains the most reported incident, peaking at 44.0 cases in 2019 but showing a general downward trend thereafter, ending at 17.0 cases in 2022. Vandalism and fraud incidents exhibit less fluctuation, with notable spikes in certain years such as vandalism rising to 13.0 cases in 2019 yet maintaining a relatively low presence overall. The number of motor vehicle thefts has remained relatively stable, averaging around 4.0 cases annually. For real estate investors, these fluctuations signal potential hotspots and stability zones, while appraisers and insurance agents might consider these crime trends when assessing property values and risk assessments.
Demographics
Clinton County, Michigan's adult population has a fairly balanced gender distribution, with a marginally higher count of females. When it comes to education, the county shows significant attainment, with 11,239 holding a bachelor's degree and 6,546 having a graduate or professional degree; however, a good portion of the population has not pursued education beyond high school. Age-wise, the demographic leans towards an older population, as the 55 to 64 age group tops the counts. The racial... Read more
Race Distribution in Clinton County, Michigan (2022)
Educational Attainment in Clinton County, Michigan (2022)
Age Distribution in Clinton County, Michigan
Citizen Population in Clinton County, Michigan (2022)
Political Trends & Data
Clinton County, Michigan, displayed a marginal preference for the Republican party in the 2020 Presidential Election, capturing around 52.4% of the vote, while Democrats garnered close to 45.8%. Minor parties like the Libertarians and Greens collectively took less than 2%. This near-balance could indicate a competitive political environment, which might influence local policies and, consequently, the real estate market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Clinton County, Michigan, showed a slight preference for the Republican party in the 2020 U.S. Presidential Election, with about 52.4% of the vote. Democrats followed closely, garnering roughly 45.8%. The Libertarian and Green parties, along with other minor parties, made up a small percentage of the total votes, collectively amounting to less than 2% altogether. This voting pattern might suggest a relatively competitive political climate with a marginal Republican lead.
52.37% of voters voted for the Republican party in the 2020 Presidential Election
45.84% of voters voted for the Democrat party in the 2020 Presidential Election
1.38% of voters voted for the Livertarian party in the 2020 Presidential Election
0.20% of voters voted for the Green party in the 2020 Presidential Election
0.23% of voters voted for the Other party in the 2020 Presidential Election
School Data
Clinton County, Michigan's student-to-teacher ratio has seen quite a rollercoaster over the past decade. It reached an alarming high of 28 students per teacher in 2018 but has since decreased to around 18 students per teacher in 2022 and 2023. This is still above the national average of 14 students per teacher, which could affect classroom dynamics and the overall quality of education. These trends might be a key consideration for investors, real estate agents, and families deciding on property... Read more
Student-to-teacher ratio in Clinton County, Michigan over the last 10 years
The student-to-teacher ratio in Clinton County, Michigan has shown significant fluctuations over the past decade. In 2014, the ratio was at 22 students per teacher, which then declined to 20 students per teacher by 2017. A notable spike occurred in 2018, hitting 28 students per teacher, but more recent years have seen a steady decrease, reaching approximately 18 students per teacher in 2022 and 2023. Compared to the national average of 14 students per teacher, Clinton County appears to have traditionally higher ratios, which might impact classroom dynamics, individual attention to students, and overall education quality. Investors, real estate agents, and families considering relocation may find these trends useful for making informed decisions about property investments, school quality, and community engagement.