Jackson County Real Estate and Livability Trends
Jackson County, Michigan's real estate market has seen a consistent rise in median home values from $111,500 in 2015 to $166,700 in 2022, still lagging behind state and national averages but suggesting potential growth. Real estate taxes have more than doubled, from about $2,678.55 in 2012 to approximately $5,298.34 in 2021, which may reflect rising property values or increased tax rates. The... Read more
Jackson County Market Trends
Jackson County, Michigan's real estate market has experienced notable trends over the past decade. Median home values have climbed from $111,500 in 2015 to $166,700 in 2022. While still trailing the state average of $201,100 and the national median of $179,400, this gap suggests room for appreciation, making the area potentially attractive for investors and homebuyers seeking affordable options.... Read more
Median Value of Occupied Housing Units in Jackson County, Michigan Over the Last 8 Years
Jackson County, Michigan has seen median home values increase from $111,500 in 2015 to $166,700 in 2022. This uptick, while impressive, still places Jackson County lower than Michigan's state average which surged to $201,100 by 2022, and significantly below the national median of $179,400. For prospective investors or homebuyers, Jackson County could offer more affordable entry points compared to broader state and national markets, though the value gap suggests it may still have room for growth. Trends in this locality might signal opportunities for potential appreciation, worth considering for those looking to invest or build.
Residential Energy Tax Credit Per Tax Return in Jackson County, MI Over the Last 9 Years
Over the past nine years, Jackson County, Michigan has seen a dramatic increase in average residential energy tax credits per tax return, spiking notably in 2018 to $2750.00, which might point to significant investment in energy-efficient upgrades during that period. Despite a dip around 2016, the trend generally points towards higher tax credits, reaching $966.67 in 2021. This trend may suggest growing awareness and investment in energy efficiency among residents, presenting potentially lucrative opportunities for real estate professionals, investors, and appraisers interested in energy-efficient properties in the area.
Average Real Estate Taxes Per Tax Return in Jackson County, MI Over the Last 10 Years
Jackson County, Michigan has seen a notable upward trend in average real estate taxes per tax return over the last decade, with values increasing from roughly $2,678.55 in 2012 to around $5,298.34 in 2021. This significant rise, particularly noticeable between 2017 and 2018, where taxes jumped from approximately $3,282.87 to $4,588.71, could indicate shifts in property values or tax rates. For prospective investors, builders, and real estate agents, this trend potentially underscores escalating property values. Appraisers and insurance agents might interpret these increases as signals for re-evaluating property costs and insurance premiums respectively, while residents and those considering moving should be aware of the likely higher tax burdens in the area.
Percentage of Farm Returns in Jackson County, MI Over the Last 10 Years
The percentage of farm tax returns in Jackson County, Michigan, generally shows a slight decline over the past decade, dropping from around 1.22% in 2012 to about 0.98% in 2021. This could be indicative of a gradual shift away from agricultural businesses or a consolidation of farming operations. For those considering investing, moving, or building property in Jackson County, this trend might suggest a shift in local economic activities. While farming remains relevant, the gradual decrease in farm tax returns might imply potential in other sectors or a more diverse economic fabric worth exploring.
Number of Mortgages by Occupancy Type in Jackson County, MI Over the Last 5 Years in Jackson County
Over the past five years in Jackson County, Michigan, the number of mortgages for principal residences has generally outstripped those for investment and second properties by a significant margin. Notably, there was a substantial spike in principal residence mortgages in 2021, suggesting a possible surge in home purchases or refinancing during that period. Investment property mortgage numbers have remained relatively stable, hinting at a consistent interest in rental and income-generating properties. Changes in occupancy types can reveal shifting economic conditions, investment climates, and demographic trends, all critical for investors, real estate professionals, and potential homeowners to monitor when evaluating market dynamics and long-term property values.
Economic Outlook
Jackson County, Michigan has witnessed a steady increase in average taxable income per tax return over the past nine years, growing from $48,269.08 in 2013 to $65,217.22 in 2021. This consistent rise suggests economic resilience, potentially attracting both investors and homeowners. Additionally, average state and local income taxes per tax return have jumped from $4,466.14 in 2012 to $10,248.78 by 2021, indicating possibly stronger local economic conditions or legislative changes affecting tax... Read more
Average Taxable Income per Tax Return in Jackson County, MI over the last 9 years
Over the past nine years, Jackson County, Michigan has experienced a steady increase in average taxable income per tax return, growing from $48,269.08 in 2013 to $65,217.22 in 2021. This consistent upward trend may suggest economic growth and resilience, potentially attracting investors and homeowners. Real estate agents and appraisers could find this data indicative of a solid market, while insurance agents might consider it when assessing risk and pricing policies. Additionally, the considerable jump from 2020 to 2021 could hint at recent economic shifts worth exploring further.
Average State and Local Income Taxes Per Tax Return in Jackson County, MI Over the Last 10 Years
Over the past decade, Jackson County, Michigan has seen a notable increase in average state and local income taxes per tax return, starting from $4,466.14 in 2012 and climbing to $10,248.78 by 2021. This upward trend could hint at a stronger local economy and possibly higher average incomes, making it an intriguing spot for potential investors. The steep increases observed especially post-2017 may suggest evolving economic conditions or legislative changes affecting tax liability. For those considering relocating or investing in property here, understanding these tax dynamics could provide valuable insight into long-term financial planning.
Average Total Tax Liability Per Tax Return in Jackson County, MI Over the Last 10 Years
Over the past decade, Jackson County, Michigan has seen a generally upward trend in average total tax liability per tax return, jumping from $7,366.92 in 2012 to potentially as high as $9,701.05 in 2021. Notable increases around 2015 through 2021 possibly reflect economic growth or shifts in local tax policies. For potential investors, home builders, or real estate agents, this trend could indicate an environment of rising incomes, making it a promising location with growing fiscal responsibility. The noticeable rise might also be a signal for insurance agents and appraisers to adjust their valuations and offerings according to the increasing financial load on residents. Those considering moving to or already living in Jackson County should stay informed about the evolving tax landscape and its implications for their wallets.
Cost of Living in Jackson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,310 | $1,363 | $1,693 | $1,661 | $1,259 |
| 1 adult 4 children | $1,310 | $1,113 | $1,301 | $1,661 | $1,392 |
| 2 adults 3 children | $1,310 | $1,114 | $1,465 | $1,661 | $1,067 |
| 1 adult 3 children | $1,310 | $909 | $1,074 | $1,661 | $1,177 |
| 2 adults 2 children | $985 | $912 | $1,238 | $1,449 | $902 |
| 1 adult 2 children | $985 | $681 | $846 | $1,449 | $867 |
| 2 adults 1 child | $985 | $721 | $1,010 | $761 | $797 |
| 1 adult 1 child | $985 | $465 | $619 | $761 | $676 |
| 2 adults | $833 | $579 | $783 | $0 | $629 |
| 1 adult | $686 | $316 | $392 | $0 | $505 |
Safety trends & Data
In Jackson County, Michigan, property crime trends have been inconsistent over the past five years, with a significant spike in certain types of crimes in 2022. Fraud incidents surged to 229, a notable jump from the previous range of 30-36, and larceny-theft incidents also climbed dramatically to 110 from earlier figures of 30-58. While burglary and vandalism saw more moderate increases, motor vehicle theft and stolen property incidents remained relatively stable. This uptick in property crime... Read more
Property Crime Trends in Jackson County, MI Over the Last 5 Years
Over the last five years, property crime in Jackson County, Michigan has shown some fluctuations, with a notable spike in certain categories in 2022. Fraud saw a significant increase, jumping to 229 incidents in 2022 from numbers hovering around 30-36 in prior years. Larceny-theft also saw a drastic rise, reaching 110 incidents in 2022 compared to around 30-58 in earlier years. Burglary and vandalism registered more modest increases whereas categories like motor vehicle theft and stolen property remained relatively stable. This surge in certain property crimes could be indicative of economic strains or other underlying community issues, making it essential for potential investors and residents to consider these trends when making decisions about the area.
Demographics
Jackson County, Michigan, shows a male majority in its adult population, which could have implications for local services and employment dynamics. Educational attainment seems varied, with a significant portion of adults being high school graduates, which possibly affects average income levels and job availability in the area. The age distribution leans slightly older, indicating potential demands for senior services and healthcare. Racial diversity is relatively homogeneous, with a... Read more
Race Distribution in Jackson County, Michigan (2022)
Educational Attainment in Jackson County, Michigan (2022)
Age Distribution in Jackson County, Michigan
Citizen Population in Jackson County, Michigan (2022)
Political Trends & Data
Jackson County, Michigan, displayed a strong conservative tilt in the 2020 U.S. Presidential Election, with almost 59% of residents voting for the Republican candidate and around 40% for the Democratic candidate. Minor parties, including Libertarian and Green Party candidates, collectively managed less than 2% of the vote, indicating limited but existing interest in alternative political affiliations. This predominantly conservative voting behavior could potentially influence local real estate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jackson County, Michigan, the 2020 U.S. Presidential Election showed a clear preference for the Republican candidate, with close to 59% of the vote, while the Democratic candidate garnered nearly 40%. The Libertarian and Green Party candidates, along with other minor parties, collectively accounted for less than 2% of the vote. This voting pattern may hint at a predominantly conservative leaning in the county but also reflects a small yet present interest in alternative political affiliations.
58.58% of voters voted for the Republican party in the 2020 Presidential Election
39.57% 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
0.26% of voters voted for the Green party in the 2020 Presidential Election
0.21% of voters voted for the Other party in the 2020 Presidential Election
School Data
Jackson County, Michigan has experienced wild swings in its student-to-teacher ratio, notably peaking at 91 students per teacher in 2022 before returning to 21 in 2023. These fluctuations could influence classroom quality and might concern potential residents, investors, and policymakers about long-term stability. Appraisers and insurance agents might also hesitate, given the erratic nature of these figures and their impact on community investment... Read more
Student-to-teacher ratio in Jackson County, Michigan over the last 10 years
Jackson County, Michigan has seen significant fluctuations in its student-to-teacher ratio over the last decade. While the national average hovers around fourteen students per teacher, Jackson County has varied wildly, notably peaking dramatically at 91 students per teacher in 2022, before returning closer to past averages in 2023 with 21 students per teacher. These discrepancies can have far-reaching implications, impacting classroom quality and ultimately affecting decisions by potential residents, investors, and policymakers. The erratic nature of these figures might also concern appraisers and insurance agents evaluating long-term stability and community investment potential.
