Kalkaska County Real Estate and Livability Trends
Kalkaska County, Michigan has seen its median home values climb from $98,300.00 in 2015 to $152,800.00 in 2022, outpacing state and national averages. This trend, coupled with a peak in residential energy tax credits at $1,323.53 in 2021, hints at growing investments in energy-efficient homes. Real estate taxes have fluctuated significantly, reaching up to $4,855.00 in 2020, which could impact... Read more
Kalkaska County Market Trends
Median home values in Kalkaska County, Michigan surged from $98,300 in 2015 to $152,800 in 2022, surpassing state and national growth rates. The county also experienced a peak in residential energy tax credits in 2021, hitting $1323.53, hinting at a rise in energy-efficient home investments. Average real estate taxes have seen significant fluctuations, reaching as high as $4,855.00 in 2020, which... Read more
Median Value of Occupied Housing Units in Kalkaska County, Michigan Over the Last 8 Years
Median home values in Kalkaska County, Michigan have shown a strong upward trend over the past eight years, growing from $98,300 in 2015 to $152,800 in 2022. This local growth outpaces Michigan's overall increase, which saw home values rise from $122,400 to $201,100 in the same period. While the national median home values also climbed from $125,500 to $179,400, Kalkaska County's rise is particularly striking when considering the smaller base value and rapid growth rate. These insights suggest Kalkaska County could be an attractive market for potential investors or new residents looking for growth potential compared to broader state and national trends.
Residential Energy Tax Credit Per Tax Return in Kalkaska County, MI Over the Last 8 Years
Kalkaska County, Michigan, has seen notable fluctuations in the average residential energy tax credit per tax return over the past eight years, peaking significantly in 2021 at $1323.53. This rise suggests a growing investment in energy-efficient home improvements or renewable energy systems, making it an attractive time for environmentally conscious buyers, real estate agents marketing green homes, or investors interested in sustainable property developments. It could also affect appraisers and insurance agents as these upgrades often enhance property values and reduce utility costs, altering risk assessments and premiums.
Average Real Estate Taxes Per Tax Return in Kalkaska County, MI Over the Last 10 Years
Over the past decade, Kalkaska County, Michigan has seen a general upward trend in average real estate taxes per tax return, with some notable fluctuations. Average real estate taxes rose from around $2,278.72 in 2012 to approximately $4,855.00 by 2020, peaking significantly in 2018 at $4,530.43 before a dip in 2019 and another peak in 2020. Such shifts could interest potential residents, investors, real estate agents, and appraisers in understanding local tax trends and planning accordingly. This kind of variability might also be relevant for insurance agents and those involved in property development as they assess financial risks and opportunities.
Percentage of Farm Returns in Kalkaska County, MI Over the Last 10 Years
Over the last decade, Kalkaska County, Michigan has witnessed a slight decline in the percentage of farm tax returns, starting at approximately 1.80% in 2012 and dipping to around 1.42% in 2021. Farm tax returns are filed by individuals or entities engaged in agricultural activities and indicate the proportion of taxable income derived from farming. For potential investors or residents, this modest downward trend suggests possible shifts in the local agricultural economy, either through changes in farm profitability, land use, or demographic shifts. This context can be vital for understanding broader economic patterns and planning future developments in the area.
Number of Mortgages by Occupancy Type in Kalkaska County, MI Over the Last 5 Years in Kalkaska County
Kalkaska County, Michigan has seen consistent growth in the number of mortgages for principal residences, peaking at 893 in 2021 from 594 in 2018. Mortgages for second residences have also increased, albeit with some fluctuation, suggesting a growing interest in seasonal or vacation homes. Investment property mortgages remain steady but minimal, with little change over the years. These shifts are critical for investors and developers as they reflect changing demand and potential opportunities in the housing market. Insurance agents and appraisers might notice varying risks and values based on the predominant occupancy types. Real estate agents should be aware as this can influence market strategies, especially around appealing to different types of buyers.
Economic Outlook
Kalkaska County, Michigan has shown an upward trend in average taxable income per tax return, climbing from $40,261.71 in 2013 to $59,170.09 in 2021, suggesting a healthier economic climate that could attract investors and new residents. State and local income taxes have fluctuated, peaking at $8,442.86 in 2018 before settling around $8,211.11 in 2021, which may reflect economic shifts or tax policy changes. Average total tax liability per tax return has also risen, from $5,638.69 in 2012 to... Read more
Average Taxable Income per Tax Return in Kalkaska County, MI over the last 9 years
Kalkaska County, Michigan has shown a general upward trend in average taxable income per tax return over the past nine years, with significant increases particularly noticeable between 2018 and 2021. In 2021, the average taxable income per tax return reached $59,170.09, which marks a notable rise from $40,261.71 in 2013. This trend might suggest an improving economic climate, which could be enticing for potential investors and new residents considering the area. However, it's important for real estate agents, appraisers, and insurance agents to consider these shifts when evaluating property values and policy rates.
Average State and Local Income Taxes Per Tax Return in Kalkaska County, MI Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Kalkaska County, Michigan have experienced noticeable fluctuations, especially with a significant spike in 2018 to $8,442.86. Although there was a dip post-2018, the numbers remained relatively high, with 2021 hovering around $8,211.11. This ebb and flow could suggest economic shifts or changes in tax policies that are vital for potential investors and residents to consider when evaluating the financial landscape of Kalkaska County.
Average Total Tax Liability Per Tax Return in Kalkaska County, MI Over the Last 10 Years
Over the last decade, Kalkaska County, Michigan has seen a fluctuating yet upward trend in average total tax liability per tax return. From $5,638.69 in 2012 to $7,353.46 in 2021, the most noticeable spike occurred in 2021. This increase suggests a gradual rise in income levels or adjustments in tax rates. For those considering investments or property development in the region, this might indicate a growing local economy and potentially higher disposable incomes among residents. It also provides a critical reference for appraisers and insurance agents when evaluating risks and values.
Cost of Living in Kalkaska County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,084 | $1,584 | $1,603 | $1,201 | $1,151 |
| 1 adult 4 children | $1,084 | $1,294 | $1,224 | $1,201 | $1,252 |
| 2 adults 3 children | $1,084 | $1,294 | $1,392 | $1,201 | $948 |
| 1 adult 3 children | $1,084 | $1,057 | $1,013 | $1,201 | $1,025 |
| 2 adults 2 children | $826 | $1,060 | $1,181 | $1,041 | $836 |
| 1 adult 2 children | $826 | $791 | $802 | $1,041 | $763 |
| 2 adults 1 child | $826 | $837 | $970 | $521 | $763 |
| 1 adult 1 child | $826 | $541 | $591 | $521 | $634 |
| 2 adults | $628 | $673 | $759 | $0 | $647 |
| 1 adult | $552 | $367 | $379 | $0 | $530 |
Safety trends & Data
Kalkaska County, Michigan, has shown varied property crime activity over the past five years that's important for investors and real estate professionals to consider. Larceny-theft incidents surged in 2020 with 8 arrests but have fluctuated since then. Vandalism peaked with 8 incidents in 2020 before dropping to just 1 by 2022, while burglary rates have remained relatively stable. Fraud cases saw an uptick in 2022, reaching 5 arrests, and crimes like embezzlement and forgery have shown sporadic... Read more
Property Crime Trends in Kalkaska County, MI Over the Last 5 Years
Kalkaska County, Michigan, has shown varied property crime activity over the past five years. Notably, larceny-theft incidents surged in 2020 with 8 arrests but have since fluctuated, while vandalism saw a peak the same year with 8 incidents but dropped to just 1 by 2022. Burglary rates have remained relatively stable, and fraud cases saw an uptick in 2022, reaching 5 arrests. Embezzlement and forgery have shown sporadic occurrences, suggesting targeted criminal activities. These trends are crucial for investors, appraisers, insurance agents, and real estate professionals to understand local crime dynamics for property valuation and risk assessment.
Demographics
Kalkaska County, Michigan, appears to have a nearly even adult population split between males and females, with 7203 males and 6994 females as of 2022. This balance could suggest an equilibrium in gender-specific community needs and services. The educational attainment data shows a significant segment of the population, 4967 individuals, have only a high school diploma, which could inform local development strategies focused on higher education and vocational training. Age distribution reveals... Read more
Race Distribution in Kalkaska County, Michigan (2022)
Educational Attainment in Kalkaska County, Michigan (2022)
Age Distribution in Kalkaska County, Michigan
Citizen Population in Kalkaska County, Michigan (2022)
Political Trends & Data
In Kalkaska County, Michigan, the 2020 U.S. Presidential Election showed a pronounced lean towards the Republican party, capturing nearly 70% of the vote. Democrats accounted for around 28%, with minor parties such as the Libertarian and Green parties receiving only marginal support. This trend may suggest a strong conservative presence and possibly a limited political diversity, indicating a notable focus on the two major parties in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Kalkaska County, Michigan, voting trends for the 2020 U.S. Presidential Election skewed heavily Republican, with nearly 70% of the vote. Democrats accounted for about 28%, while minor parties like the Libertarian and Green parties garnered only marginal support. This distribution might suggest a strong conservative presence in the area. The lack of significant votes for third parties could imply limited political diversity or a stronger focus on the two major parties.
69.95% of voters voted for the Republican party in the 2020 Presidential Election
28.24% of voters voted for the Democrat party in the 2020 Presidential Election
1.34% of voters voted for the Livertarian party in the 2020 Presidential Election
0.23% of voters voted for the Green party in the 2020 Presidential Election
0.25% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Kalkaska County, Michigan, the student-to-teacher ratio has fluctuated significantly over the last decade, often exceeding the national average of 14 students per teacher. The ratio peaked at 19 in 2019 before recently settling closer to 16. Higher ratios might imply larger class sizes and less individual attention, potentially impacting academic performance. Investors and educational institutions may view these higher ratios as a sign of under-resourced schools, while real estate agents... Read more
Student-to-teacher ratio in Kalkaska County, Michigan over the last 10 years
Kalkaska County, Michigan, has seen its student-to-teacher ratio fluctuate considerably over the last decade, generally trending above the national average of 14 students per teacher. Starting at around 16 in 2014, the ratio peaked at 19 in 2019 before settling closer to 16 again recently. Higher ratios might suggest larger class sizes, which could impact individual attention to students, potentially affecting academic performance. Investors and educational institutions might be wary of these higher ratios, considering them a sign of under-resourced schools. Conversely, real estate agents and those looking to move to the area might see lower ratios as indicative of a more favorable learning environment.
