Delta County Real Estate and Livability Trends
In Delta County, Michigan, median home values have consistently climbed from $101,900 in 2015 to $139,200 in 2022, albeit trailing state and national trends. The area’s economic growth is underscored by the rise in average taxable income per tax return from $44,949.43 in 2013 to $61,841.86 in 2021, suggesting an appealing environment for investors. An increase in local income taxes and real... Read more
Delta County Market Trends
Median home values in Delta County, Michigan have consistently risen from $101,900 in 2015 to $139,200 in 2022, albeit at a slower pace compared to state and national trends. Despite peaking energy tax credits in 2018, recent stabilization points toward a community engaging in renewable energy efforts, a draw for eco-conscious investors. Increasing real estate taxes from $2,626.36 in 2012 to... Read more
Median Value of Occupied Housing Units in Delta County, Michigan Over the Last 8 Years
Median home values in Delta County, Michigan have seen a steady rise over the past eight years, moving from $101,900 in 2015 to $139,200 in 2022. This growth, while substantial, has trailed both the state and national trends where values surged from $122,400 to $201,100 and $125,500 to $179,400, respectively. For those looking to invest, build, or move to Delta County, this disparity might suggest a more affordable entry point relative to the broader market, making it a potentially intriguing option.
Residential Energy Tax Credit Per Tax Return in Delta County, MI Over the Last 9 Years
Delta County, Michigan has shown notable fluctuations in the average residential energy tax credit per tax return over the past nine years. In 2017, there was a significant peak reaching $775.00, followed by an even more dramatic spike to $2,466.67 in 2018, likely reflecting increased investments in energy-efficient home improvements. This could potentially indicate a trend towards more sustainable development and energy conservation efforts among the residents. However, in subsequent years, the credit amounts stabilized, averaging around $500.00, suggesting a possible normalization after a period of heightened activity. For those considering investing or moving to the area, this volatility might signal an active community keen on renewable energy incentives, a noteworthy factor for appraisers, insurance agents, and property developers focusing on green initiatives.
Average Real Estate Taxes Per Tax Return in Delta County, MI Over the Last 10 Years
In Delta County, Michigan, the average real estate taxes per tax return have seen a steady increase over the past decade, beginning at $2,626.36 in 2012 and peaking at $4,847.37 in 2020 before a slight decrease to $4,285.71 in 2021. This trend reflects broader economic factors but also suggests a gradually increasing valuation of property in the area. Such data can be valuable for investors, real estate agents, and property developers looking to understand potential tax burdens and the evolving market dynamics.
Percentage of Farm Returns in Delta County, MI Over the Last 10 Years
The percentage of farm returns in Delta County, Michigan, has fluctuated marginally over the past decade, staying mostly within the range of 1.17% to 1.43%. Farm tax returns reflect the agriculture-based activities and economic conditions in the area, providing insights into local farming viability. Prospective investors and property developers may find this data indicative of the region's agricultural stability and economic health. While there's been a slight decline since 2012, the consistency suggests that farming remains a steadfast component of the local economy.
Number of Mortgages by Occupancy Type in Delta County, MI Over the Last 5 Years in Delta County
Delta County, Michigan has seen fluctuating mortgage numbers across different occupancy types over the past five years. Notably, principal residences dominate the mortgage market, peaking at 622 in 2021 but dipping to 412 in 2022. Second residences and investment properties have comparatively lower but varied counts, with a gradual decline in second home purchases from 81 in 2021 to 34 in 2022, and a minor decrease in investment properties from 20 to 16 in the same period. Changes in these patterns can indicate shifting economic conditions and consumer preferences, influencing decisions for investors, real estate agents, and prospective homeowners in the region. Recognizing these trends offers valuable insight for appraisors and insurance agents adjusting risk assessments and policy values accordingly.
Economic Outlook
In Delta County, Michigan, the average taxable income per tax return has risen considerably, moving from $44,949.43 in 2013 to $61,841.86 in 2021. This consistent economic growth suggests a potentially attractive environment for investors, real estate agents, and new residents. Additionally, the significant jump in average state and local income taxes, peaking at $11,168.75 in 2021, might signal rising property values and household incomes. The total tax liability per tax return has also shown... Read more
Average Taxable Income per Tax Return in Delta County, MI over the last 9 years
Delta County, Michigan has seen a steady uptick in average taxable income per tax return over the past nine years, jumping from $44,949.43 in 2013 to $61,841.86 in 2021. This consistent growth suggests a healthy economic environment, making the area potentially attractive for investors, real estate agents, and newcomers. The rise in income levels may also prompt appraisers and insurance agents to re-evaluate property values and risk assessments. Builders and developers might find Delta County's market conditions favorable for new projects due to the increasing average income levels.
Average State and Local Income Taxes Per Tax Return in Delta County, MI Over the Last 10 Years
Over the past decade in Delta County, Michigan, the average state and local income taxes per tax return have shown a notable upward trend. Starting at around $4,357.47 in 2012, there was a relatively modest increase until a significant jump occurred post-2017, peaking at $11,168.75 in 2021. This drastic rise in taxes could indicate escalating property values, increasing household incomes, or changes in state and local tax policies, making it essential for potential investors or new residents to consider these tax implications when evaluating the area.
Average Total Tax Liability Per Tax Return in Delta County, MI Over the Last 10 Years
Delta County, Michigan, has shown a notable trend in the average total tax liability per tax return over the last decade. The liability figures ranged from approximately $6,225.71 in 2013 to $8,871.64 in 2021, with some years showing significant increases, such as the jump from $7,345.61 in 2015 to $8,871.64 in 2021—a nearly 21% increase. This fluctuating pattern likely reflects broader economic changes and possibly local policy impacts, making it crucial for potential homeowners, investors, and real estate professionals to consider when evaluating the area for its financial viability.
Cost of Living in Delta County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,103 | $1,420 | $2,100 | $1,072 | $1,152 |
| 1 adult 4 children | $1,103 | $1,159 | $1,608 | $1,072 | $1,220 |
| 2 adults 3 children | $1,103 | $1,160 | $1,822 | $1,072 | $941 |
| 1 adult 3 children | $1,103 | $947 | $1,329 | $1,072 | $983 |
| 2 adults 2 children | $826 | $949 | $1,543 | $929 | $821 |
| 1 adult 2 children | $826 | $709 | $1,050 | $929 | $718 |
| 2 adults 1 child | $826 | $750 | $1,264 | $464 | $757 |
| 1 adult 1 child | $826 | $485 | $771 | $464 | $608 |
| 2 adults | $628 | $603 | $985 | $0 | $647 |
| 1 adult | $623 | $329 | $493 | $0 | $531 |
Safety trends & Data
Investment in Delta County, Michigan could be affected by shifting crime trends over the last five years. Burglary incidents have decreased, dropping from 8 in 2018 to just 3 by 2021, but larceny-theft cases have increased from 52 in 2019 to 67 by 2022. Vandalism showed variability, peaking at 23 incidents in 2021 before falling to 7 in 2022. These fluctuations might impact property values, insurance rates, and community safety... Read more
Property Crime Trends in Delta County, MI Over the Last 5 Years
Investment in Delta County, Michigan could be influenced by the noticeable fluctuation in property crimes over the last five years. While there has generally been a decline in burglary, with a high of 8 incidents in 2018 dropping to just 3 by 2021, there's a contrasting rise in cases of larceny-theft, jumping from 52 incidents in 2019 to 67 by 2022. On the other hand, vandalism cases exhibit high variability, peaking at 23 incidents in 2021 and reducing to 7 in 2022. These shifting crime trends might affect property values, insurance rates, and overall community safety perceptions, making it crucial for investors, residents, and local stakeholders to stay informed.
Demographics
Delta County, Michigan, exhibits a nearly even split between male and female populations, signaling balance in gender demographics. Though a significant portion of the adult population has attained a high school diploma or higher, there is a substantial presence of individuals who did not complete higher education, which might impact local workforce qualifications. Notably, the county's age distribution leans heavily towards older age groups, with the 55 to 64 years and 65 to 74 years... Read more
Race Distribution in Delta County, Michigan (2022)
Educational Attainment in Delta County, Michigan (2022)
Age Distribution in Delta County, Michigan
Citizen Population in Delta County, Michigan (2022)
Political Trends & Data
In Delta County, Michigan, real estate trends could be subtly influenced by its political landscape, as the area may lean towards Republican ideologies, with around 62% voting GOP in elections. This voting pattern could imply a conservative community, potentially affecting local policies and investment opportunities. Minor parties hold slight but noticeable traction, hinting at a diverse, albeit limited, range of viewpoints. Understanding this political climate might be key when considering... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Delta County, Michigan, might lean Republican in presidential elections, with approximately 62% of the vote going to the GOP. The Democratic party trails with roughly 36%, while Libertarian and other minor parties collectively garner slightly over 2%. This voting pattern could suggest a relatively stable Republican stronghold with limited but notable support for third-party candidates.
62.44% of voters voted for the Republican party in the 2020 Presidential Election
35.96% of voters voted for the Democrat party in the 2020 Presidential Election
1.18% 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
0.22% of voters voted for the Other party in the 2020 Presidential Election
School Data
Delta County, Michigan has experienced notable fluctuations in student-to-teacher ratios over the past decade, recently peaking at nearly 29 students per teacher in 2022, well above the current national average of 14. Previously, the ratio hovered between 18 and 22 but has now settled to a more manageable 17. For real estate agents and investors, these trends could impact property values and sales strategies, as higher ratios may indicate larger class sizes and potentially decreased individual... Read more
Student-to-teacher ratio in Delta County, Michigan over the last 10 years
Delta County, Michigan has seen fluctuating student-to-teacher ratios over the past decade, with a notable spike to nearly 29 students per teacher in 2022, significantly above the current national average of 14. The ratio generally hovered between 18 and 22 before this drastic increase and has recently dropped to a more manageable 17. Changes in the student-to-teacher ratio might influence decisions for prospective residents, as higher ratios could suggest larger class sizes and potentially decreased individual attention for students. For real estate agents and investors, understanding these trends could impact property values and sales pitches, while appraisers and insurance agents might consider these dynamics when assessing risks and property valuations in Delta County. Higher ratios might also signal resource constraints or shifts in population, which could be critical for those planning to build or move to the area.
