Ingham County Real Estate and Livability Trends

In Ingham County, Michigan, the real estate market has shown a significant appreciation in home values, climbing from $117,400 in 2015 to $173,600 in 2022, although this growth is somewhat slower compared to the state average. Property taxes have similarly increased, jumping from $4,115.64 to $7,299.65 over the past decade, which could be crucial for prospective buyers or investors. There's been... a notable fluctuation in residential energy tax credits, with a peak of $2,975.00 in 2018, possibly indicating changing local policies or energy adoption rates. Farm tax returns have slightly declined, hinting at a reduction in active farms, which may affect local property values and economic conditions. Interestingly, principal residence mortgages have surged, peaking at 16,430 in 2021, suggesting a robust demand for homeownership, while investment property mortgages also saw activity, topping at 886 in the same year. These dynamics provide essential insights for understanding market stability and investment potential in the region. Read more

Ingham County, Michigan has seen average taxable income per tax return increase from approximately $53,191.33 in 2013 to about $73,146.04 in 2021, suggesting robust economic growth. Average state and local income taxes per tax return have also climbed from around $5,000.06 in 2012 to over $11,600.52 by 2021, indicating potentially higher living costs. The total tax liability per tax return peaked at $12,275.45 in 2021, after dipping in 2020, reflecting the county's complex economic landscape.... Additionally, the percentage of residents below the poverty line has generally declined from 22.6% in 2015 to around 17.3% in 2022, hinting at economic improvements but not without areas needing attention. Read more

Property crimes in Ingham County, Michigan have generally declined over the past five years, with fewer incidents of burglary and larceny-theft. Motor vehicle thefts, however, have been somewhat volatile, spiking to 77 reported cases in 2022. The persistent low rates of arson and the decreasing trend in fraud and embezzlement could positively influence real estate values, insurance premiums, and investments, though the erratic motor vehicle thefts might still pose some concern for potential... buyers and investors. Read more

Ingham County, Michigan's demographic landscape in 2022 offers some intriguing insights. Females slightly outnumber males, indicating a fairly balanced gender distribution. The age spread highlights a quaint population boom in the 20 to 34 age range, potentially signifying a youthful and possibly university-driven demographic. When it comes to education, a solid chunk of residents have pursued higher education, with noticeable segments holding bachelor's and graduate degrees. Racially, the... county appears to be quite diverse, though the White population seems to constitute a dominant majority, with African Americans forming the largest minority group. Read more

Ingham County, Michigan, likely leans heavily Democratic, with roughly 65% of the 2020 U.S. Presidential votes potentially cast for the Democratic candidate. The Republican candidate might have received around 33% of the vote, pointing to a wide margin between the two major parties. Third-party candidates, such as those from the Libertarian and Green parties, garnered minimal support, indicating a strong two-party preference amongst... voters. Read more

Ingham County, Michigan has seen a decrease in the student-to-teacher ratio over the past decade, dropping from 16 in 2014 to just over 15 in 2023. While this is still slightly above the national average of 14, it suggests better individualized attention for students, which could be attractive to families and potentially influence property values. This trend might also affect coverage needs for insurance agents due to shifting family demographics and changes in educator... workloads. Read more