Isabella County Real Estate and Livability Trends
Isabella County, Michigan is seeing a steady rise in median home values from $140,700 in 2021 to $159,500 in 2022, making it an appealing yet affordable option compared to the state's median of $201,100. This upward trend in home values alongside increasing real estate taxes—from $3,048.35 in 2012 to $5,102.78 in 2021—suggests strong property demand and growing economic stability. The area... Read more
Isabella County Market Trends
Isabella County, Michigan's real estate market is characterized by a steady rise in median home values, jumping from $140,700 in 2021 to $159,500 in 2022. Compared to the state average of $201,100, it presents a more affordable but appreciating option. Notably, residential energy tax credits saw drastic fluctuations, peaking at $3,680.00 in 2018 and $1,202.70 in 2021, suggesting a heightened... Read more
Median Value of Occupied Housing Units in Isabella County, Michigan Over the Last 8 Years
Isabella County, Michigan has shown a steady increase in median home values over the past eight years, with a significant jump from $140,700 in 2021 to $159,500 in 2022. This trend, while reflective of broader state and national increases, highlights a more modest growth compared to Michigan as a whole, which saw home values rise to $201,100 in 2022. For potential investors, homebuilders, or those considering a move, this indicates Isabella County may offer more affordable options relative to the state average, yet still benefiting from the general upward trajectory in value.
Residential Energy Tax Credit Per Tax Return in Isabella County, MI Over the Last 9 Years
Over the past nine years, Isabella County, Michigan has seen notable volatility in residential energy tax credits per tax return. The average credit began around $377.78 in 2013 and experienced a significant surge to $3,680.00 by 2018, revealing increased investments or shifts in energy-efficient upgrades among residents. Subsequent years saw a decline but still maintained relatively high levels, peaking again at $1,202.70 in 2021. This pattern suggests growing awareness and financial commitment to energy efficiency in the area, making it an attractive prospect for investors, developers, and real estate agents interested in sustainable development. Such trends could be pivotal for appraisers and insurance agents evaluating property values and risks.
Average Real Estate Taxes Per Tax Return in Isabella County, MI Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in Isabella County, Michigan have seen a consistent increase. Starting at approximately $3,048.35 in 2012 and gradually climbing to around $5,102.78 by 2021, the trend suggests an upward trajectory, particularly notable after 2017 when the taxes rose more steeply. This could be of interest to potential investors, property developers, and real estate agents as it might signal increasing property values and demand in the area. Such a trend could also be essential for appraisors and insurance agents for accurate rate assessments and valuations.
Percentage of Farm Returns in Isabella County, MI Over the Last 10 Years
Over the last decade, Isabella County, Michigan has seen a slight but noticeable decline in farm tax returns, decreasing from approximately 3.13% in 2012 to about 2.53% in 2021. This downward trend may suggest that fewer farms are operating or turning profits sufficient to file tax returns. For potential investors or those considering moving to the area, this could indicate shifting economic dynamics in the local agriculture sector. Lower percentages might also reflect changes in land use, possibly tilting towards residential or commercial development rather than traditional farming activities.
Number of Mortgages by Occupancy Type in Isabella County, MI Over the Last 5 Years in Isabella County
Isabella County, Michigan has shown varying trends over the last five years when it comes to mortgage types. Principal residences warmed up the market, notably spiking in 2021 with 2559 mortgages. Investment properties have seen a modest uptick, generally higher than second residences which lagged behind. These shifts are noteworthy—higher mortgages for principal residences suggest a stable demand for long-term housing, while rising figures for investment properties might indicate investor interest, potentially driven by rental market prospects. For real estate agents, builders, and investors, understanding these dynamics can inform strategic decisions on market entry, property valuation, and development priorities. Changes in occupancy types often reveal underlying economic and demographic trends, which are critical for accurate appraisals and insurance assessments.
Economic Outlook
In Isabella County, Michigan, the average taxable income per tax return has gradually increased from $48,803.23 in 2013 to $61,575.86 in 2021, hinting at an improving local economy and making the area potentially appealing for investments and property development. The notable jump in 2021 might suggest a post-pandemic recovery, drawing attention from stakeholders who may want to reassess property values. Meanwhile, average state and local income taxes per tax return have generally climbed,... Read more
Average Taxable Income per Tax Return in Isabella County, MI over the last 9 years
The average taxable income per tax return in Isabella County, Michigan, has seen a steady upward trend over the last nine years, rising from approximately $48,803.23 in 2013 to about $61,575.86 in 2021. This can hint at a gradually improving local economy, potentially making it an appealing area for investments and property development. However, the jump in 2021 might suggest a post-pandemic economic recovery, drawing attention from real estate agents and appraisers who may want to reassess property values. Despite occasional fluctuations, the consistent rise could also be an indicator for insurance agents to adjust their risk assessments accordingly.
Average State and Local Income Taxes Per Tax Return in Isabella County, MI Over the Last 10 Years
In Isabella County, Michigan, the average state and local income taxes per tax return have generally trended upwards over the past decade, with an especially notable jump from $5,843.13 in 2017 to $8,967.03 in 2018. This trend could suggest rising income levels or adjustments in tax policies affecting residents. For potential investors or those considering moving to the area, this upward trajectory may reflect a growing economic base or increased public investment, albeit offset by higher tax obligations.
Average Total Tax Liability Per Tax Return in Isabella County, MI Over the Last 10 Years
Isabella County, Michigan has seen fluctuations in average total tax liability per tax return over the past decade, with notable peaks and troughs. Starting at $7,358.41 in 2012, there was a general upward trend reaching $8,446.92 in 2016, followed by some declines and a significant peak at $8,784.34 in 2021. These shifts might suggest variable economic conditions impacting residents' taxable incomes and investment strategies. This data may be crucial for future property investors, real estate agents, or insurance agents when assessing the area’s economic health and potential for growth.
Cost of Living in Isabella County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,084 | $1,391 | $1,616 | $1,348 | $1,038 |
| 1 adult 4 children | $1,084 | $1,136 | $1,234 | $1,348 | $1,130 |
| 2 adults 3 children | $1,084 | $1,137 | $1,403 | $1,348 | $861 |
| 1 adult 3 children | $1,084 | $928 | $1,021 | $1,348 | $927 |
| 2 adults 2 children | $828 | $931 | $1,190 | $1,168 | $774 |
| 1 adult 2 children | $828 | $695 | $808 | $1,168 | $696 |
| 2 adults 1 child | $828 | $735 | $977 | $584 | $698 |
| 1 adult 1 child | $828 | $475 | $595 | $584 | $581 |
| 2 adults | $706 | $591 | $765 | $0 | $601 |
| 1 adult | $674 | $322 | $382 | $0 | $509 |
Safety trends & Data
Isabella County, Michigan has seen variable property crime trends over the past five years, with larceny-theft incidents dropping from 194 in 2018 to 87 by 2020, then slightly rising to 109 in 2022. Meanwhile, burglary cases peaked at 23 in 2020 but fell to 14 by 2022. Motor vehicle thefts mostly remained in single digits but spiked to 18 in 2022. An uptick in vandalism to 35 cases in 2022 and fluctuating embezzlement rates, reaching 14 cases in 2019, significantly influence the local real... Read more
Property Crime Trends in Isabella County, MI Over the Last 5 Years
Property crime in Isabella County, Michigan has shown variable trends over the past five years, with notable fluctuations in key categories. Larceny-theft incidents have generally declined, showing a significant drop from 194 in 2018 to around 87 by 2020, though recovering somewhat to 109 in 2022. Burglary cases, on the other hand, peaked in 2020 with 23 incidents but saw a decrease to 14 by 2022. Motor vehicle thefts mostly hovered in single digits but saw an uptick to 18 cases in 2022. Factors such as the rise in vandalisms, peaking at 35 in 2022, and the sporadic but relatively high embezzlement rates, with a maximum of 14 cases in 2019, also play a critical role. An understanding of these trends can provide valuable insights for real estate agents, investors, insurers, and current or prospective residents, as they reflect on both the safety and potential risks associated with property-related activities in the area.
Demographics
Isabella County, Michigan, showcases a notably higher female adult population compared to males. Educational attainment reveals a significant portion of adults with high school education and some college experience, while fewer hold graduate degrees. The county's age distribution points to a younger demographic, especially those aged 20 to 24. Racial makeup is predominantly White, with small percentages of African American, American Indian, and Asian residents. These demographic trends suggest... Read more
Race Distribution in Isabella County, Michigan (2022)
Educational Attainment in Isabella County, Michigan (2022)
Age Distribution in Isabella County, Michigan
Citizen Population in Isabella County, Michigan (2022)
Political Trends & Data
In Isabella County, Michigan, the 2020 U.S. Presidential Election results indicate a near balance between Republican and Democratic votes, with Republicans slightly ahead at 50.4% and Democrats following closely at 47.8%. This tight competition between the two major parties could reflect broader political dynamics and potentially influence local policymaking and real estate trends in the area. Multiple minor parties, including the Libertarian and Green parties, remained on the fringes,... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Isabella County, Michigan, the 2020 U.S. Presidential Election results show a slight Republican edge with approximately 50.4% of the vote, closely followed by the Democratic vote at around 47.8%. Minor parties like the Libertarian and Green parties garnered significantly less support, suggesting a strong two-party dominance in the region.
50.36% of voters voted for the Republican party in the 2020 Presidential Election
47.83% of voters voted for the Democrat party in the 2020 Presidential Election
1.24% of voters voted for the Livertarian party in the 2020 Presidential Election
0.35% 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
In Isabella County, Michigan, the student-to-teacher ratio has fluctuated significantly over the past decade, peaking at nearly 19 in 2014 and dropping to 14 in 2020. Trends suggest the ratio is now around the national average of 14, with a slight uptick to nearly 15 in 2023. Such variations may reflect funding shifts, policy changes, or population dynamics, which can impact local property values and investment. For potential homebuyers, investors, or education professionals, these trends may... Read more
Student-to-teacher ratio in Isabella County, Michigan over the last 10 years
Over the past decade, the student-to-teacher ratio in Isabella County, Michigan, has shown some fluctuation, peaking at nearly 19 students per teacher in 2014 and dropping to 14 in 2020. Recent years have seen the ratio settle back around the national average of 14 students per teacher, with 2023 showing a slight uptick to nearly 15. Such variations can signal shifts in funding, policy changes, or population dynamics, impacting the quality of education and potentially influencing property values and local investment decisions. For those considering a move, investing in real estate, or working within the educational sector in Isabella County, keeping an eye on these trends could provide useful insights into the area's evolving landscape.
