Crawford County Real Estate and Livability Trends
Crawford County, Michigan showcases notable trends that could impact real estate decisions. Average taxable income rose from $39,146.14 in 2013 to $55,310.95 in 2021, indicating local wealth growth, though increasing state and local taxes may temper investment enthusiasm. Median home values remain attractive compared to state and national averages, signaling possible affordable opportunities.... Read more
Crawford County Market Trends
Crawford County, Michigan, has seen its median home values rise significantly, though still below both state and national medians, potentially offering affordable investment opportunities. Residential energy tax credits have shown notable fluctuations, peaking at $900.00 in 2021, indicating growing interest in energy efficiency. The county’s real estate taxes peaked at $4,271.43 in 2020 before... Read more
Median Value of Occupied Housing Units in Crawford County, Michigan Over the Last 8 Years
Median home values in Crawford County, Michigan have shown significant growth over the past eight years, rising from $96,800 in 2015 to $135,400 in 2022. This 40% increase, though substantial, still places Crawford County's median home values below the state of Michigan's $201,100 and the national median of $179,400 for 2022. For potential investors, homeowners, or those considering a move, Crawford County may provide a more affordable option relative to state and national averages, coupled with promising growth in property values, potentially offering appealing investment opportunities.
Residential Energy Tax Credit Per Tax Return in Crawford County, MI Over the Last 8 Years
Crawford County, Michigan, has seen some notable fluctuations in residential energy tax credits per tax return over the past eight years, with a significant spike to $900.00 in 2021. This suggests an increasing awareness and possibly enhanced incentives for energy efficiency. Such trends could be a signal of growing investment in sustainable home improvements, which might be of particular interest to real estate investors, buyers, and insurers factoring in future property values and environmental impact. The variability also hints at changing policies or economic conditions impacting how homeowners can leverage these credits.
Average Real Estate Taxes Per Tax Return in Crawford County, MI Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Crawford County, Michigan have shown a general upward trend, peaking dramatically at $4,271.43 in 2020 before dipping to $3,575.00 in 2021. This suggests a volatility in the market that might concern potential property investors or homeowners. The notable rise in taxes from 2017 to 2020 could reflect increased property values or changes in local tax policy, making it crucial for real estate professionals and appraisers to consider these dynamics when assessing the market.
Percentage of Farm Returns in Crawford County, MI Over the Last 10 Years
In Crawford County, Michigan, the percentage of farm tax returns has been fairly consistent over the past decade, with slight fluctuations. Notably, there was a dip in 2017 and 2018 where farm returns fell to 0.32%. More recent years saw a rebound to 0.44% in 2021. Farm tax returns, which are a reflection of agricultural activities reported for tax purposes, likely indicate stability in the county's farming sector with some years experiencing minor declines. This can matter to potential investors and those looking to move or build property in the area, as it provides insights into the agricultural economy's health and possible stability in rural property values.
Number of Mortgages by Occupancy Type in Crawford County, MI Over the Last 5 Years in Crawford County
Over the past five years, Crawford County, Michigan has seen notable fluctuations in mortgage counts across different occupancy types. Principal residences consistently have the highest numbers, peaking in 2021 with 828 mortgages. Second residences also show variability, reaching their highest in 2020 with 175 mortgages. Investment properties remain comparatively low but stable. These shifts can reveal underlying economic trends, like increases in remote work potentially driving higher interest in principal and second residences. For investors, these trends suggest where demand might be growing or receding, essential for strategic decisions. Appraisers and insurance agents can use this data to assess risk and property valuations more accurately. Real estate agents might focus on the rising demand for primary and secondary homes, while builders could interpret these trends to guide future development projects.
Economic Outlook
Crawford County, Michigan has experienced a steady rise in average taxable income per tax return, from $39,146.14 in 2013 to $55,310.95 in 2021, suggesting potential economic growth and increasing local wealth. Concurrently, average state and local income taxes per tax return have nearly doubled over the past decade, reaching $8,107.69 in 2021, indicating escalating living costs that could affect investment decisions. Additionally, the average total tax liability per tax return has generally... Read more
Average Taxable Income per Tax Return in Crawford County, MI over the last 9 years
Over the past nine years, Crawford County, Michigan has seen a steady increase in the average taxable income per tax return, rising from approximately $39,146.14 in 2013 to around $55,310.95 in 2021. This upward trend reflects a potential economic growth and increasing wealth among residents, which could be an attractive indicator for investors, real estate agents, and appraisers. Additionally, having higher average taxable incomes could imply a stronger local economy, possibly influencing decisions for those considering building property or relocating to the area. This data can also be a valuable reference for insurance agents when assessing coverage needs and risks.
Average State and Local Income Taxes Per Tax Return in Crawford County, MI Over the Last 10 Years
Crawford County, Michigan has seen a significant rise in average state and local income taxes per tax return over the past decade. Starting at $3,573.03 in 2012, taxes have generally trended upwards, reaching $8,107.69 by 2021. This increase, particularly sharp between 2019 and 2021, can influence decisions for those considering investment or relocation, as it suggests potentially higher living costs. It may be prudent to factor in this upward pressure when planning financially related activities in this area.
Average Total Tax Liability Per Tax Return in Crawford County, MI Over the Last 10 Years
Over the last decade in Crawford County, Michigan, the average total tax liability per tax return has shown a general increase, with notable fluctuations. While there were occasional dips, such as in 2013 when it fell to $5305.54, the overall trend appears upward, reaching a peak at $7295.92 in 2021. This pattern could reflect broader economic factors including rising incomes or changes in the tax code. For anyone eyeing real estate or considering financial planning in this area, these tax trends might suggest evolving economic conditions worth monitoring.
Cost of Living in Crawford County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,069 | $1,335 | $1,678 | $1,251 | $1,055 |
| 1 adult 4 children | $1,069 | $1,090 | $1,282 | $1,251 | $1,152 |
| 2 adults 3 children | $1,069 | $1,091 | $1,457 | $1,251 | $873 |
| 1 adult 3 children | $1,069 | $890 | $1,060 | $1,251 | $944 |
| 2 adults 2 children | $873 | $893 | $1,236 | $1,084 | $806 |
| 1 adult 2 children | $873 | $667 | $839 | $1,084 | $736 |
| 2 adults 1 child | $873 | $706 | $1,014 | $542 | $735 |
| 1 adult 1 child | $873 | $456 | $618 | $542 | $614 |
| 2 adults | $697 | $567 | $793 | $0 | $626 |
| 1 adult | $586 | $309 | $397 | $0 | $505 |
Safety trends & Data
Crawford County, Michigan has experienced varying property crime rates over the past five years, with larceny-theft leading at 9 to 17 incidents annually. Burglary peaked in 2019 but drastically fell from 6 to 1 incident by 2022. Minor instances of fraud, vandalism, motor vehicle theft, forgery, and arson add to the crime landscape, suggesting a shifting security environment. These insights can aid real estate professionals and insurance agents in assessing risks and advising clients more... Read more
Property Crime Trends in Crawford County, MI Over the Last 5 Years
Crawford County, Michigan has shown fluctuations in property crimes over the past five years. Larceny-theft remains the most prevalent, with numbers oscillating between 9 and 17 incidents per year. Burglary incidents were highest in 2019 but have tapered off, dropping significantly from 6 to 1 by 2022. Fraud and vandalism also contribute to the crime landscape, with scattered minor instances of motor vehicle theft, forgery, and arson. These trends could imply a changing security landscape, influencing investment decisions and property valuations in the area. Interested parties like insurance agents and real estate professionals may find these insights valuable for assessing risk and advising clients.
Demographics
Crawford County, Michigan shows a relatively balanced gender distribution with a slight male majority. Educational attainment is predominantly at the high school graduate level, with a significant portion also having some college education but no degree. The age distribution leans towards an older demographic, with substantial populations in the 55 to 64 and 65 to 74 age ranges. The county's racial composition is overwhelmingly White, with very small percentages of other racial groups, most... Read more
Race Distribution in Crawford County, Michigan (2022)
Educational Attainment in Crawford County, Michigan (2022)
Age Distribution in Crawford County, Michigan
Citizen Population in Crawford County, Michigan (2022)
Political Trends & Data
In Crawford County, Michigan, the real estate market could be influenced by the local political landscape, with Republicans capturing approximately 64.7% of the vote in the 2020 Presidential Election, while Democrats secured about 33.9%. This predominantly Republican-leaning electorate might shape housing demands, community investments, and development priorities, potentially favoring policies and amenities that align with conservative values. Understanding this political backdrop may help... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Crawford County, Michigan, Republicans likely had a significant lead in the 2020 U.S. Presidential Election, capturing roughly 64.7% of the vote. Democrats garnered around 33.9%, indicating a notable but not majority presence. Libertarian and Green parties, along with other smaller groups, saw minimal support, each securing less than 1% of the total votes, suggesting that third-party influence in this county was quite limited. This data could point to a predominantly Republican-leaning electorate in Crawford County.
64.71% of voters voted for the Republican party in the 2020 Presidential Election
33.99% of voters voted for the Democrat party in the 2020 Presidential Election
0.88% 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
Crawford County, Michigan’s student-to-teacher ratio spiked dramatically in 2021 to 26 students per teacher, compared to the usual range of 15 to 17. This peak, against a national average of 14, could be a crucial factor for investors, real estate agents, and potential movers, highlighting potential changes in education quality. Such demographic trends may also affect property values and risk assessments, making them particularly relevant for appraisers and insurance... Read more
Student-to-teacher ratio in Crawford County, Michigan over the last 10 years
Crawford County, Michigan has experienced fluctuations in its student-to-teacher ratio over the past decade, peaking dramatically at twenty-six students per teacher in 2021. While typically ranging between fifteen and seventeen students per teacher, the 2021 spike is particularly notable compared to the national average of fourteen students per teacher. Investors, real estate agents, and those looking to move to Crawford County might find these trends informative, as they're indicative of varying classroom sizes and potential impacts on education quality. For appraisers and insurance agents, such demographic changes can influence property values and risk assessments.
