Mason County Real Estate and Livability Trends
Mason County, Michigan has seen median home values move from $119,900 in 2015 to $181,200 in 2022, indicating potentially more affordable housing compared to Michigan's $201,100 average. The rise in energy tax credits per return to $668.97 in 2021 highlights growing investments in energy-efficient home improvements, possibly boosting property values. Real estate taxes spiking to $5,654.35 in 2021... Read more
Mason County Market Trends
Mason County, Michigan has seen median home values climb from $119,900 in 2015 to $181,200 in 2022, suggesting it may offer more affordable options compared to Michigan's $201,100. Energy tax credits per return have nearly doubled from $304.55 in 2013 to $668.97 in 2021, indicating an increasing investment in energy-efficient home improvements, which could impact property values. Real estate... Read more
Median Value of Occupied Housing Units in Mason County, Michigan Over the Last 8 Years
Mason County, Michigan has shown a consistent increase in median home values over the last eight years, starting at $119,900 in 2015 and climbing to $181,200 in 2022. Compared to the national figures, Mason County's housing value trend mirrors the national upward trajectory but has had a slightly sharper incline, with the national median reaching $179,400 in 2022. When comparing to the state of Michigan, Mason County's growth rate slightly lags, with Michigan's median home value hitting $201,100 in 2022. For investors and potential homeowners, this suggests that properties in Mason County may still offer more affordable options within a steadily appreciating market.
Residential Energy Tax Credit Per Tax Return in Mason County, MI Over the Last 8 Years
In Mason County, Michigan, the average residential energy tax credit per tax return has seen notable fluctuations over the past eight years. The credit increased from $304.55 in 2013 to $668.97 in 2021, with a peak at $585.71 in 2019 and a dip in 2017 at $357.14. This trend could indicate a growing investment in energy-efficient home improvements, which might be of interest to potential home buyers, real estate investors, and those considering green energy installations. This upward trend suggests a community increasingly committed to sustainability, which might influence property values and insurance premiums.
Average Real Estate Taxes Per Tax Return in Mason County, MI Over the Last 10 Years
Real estate taxes per tax return in Mason County, Michigan, have shown a steady increase over the past decade, with a noticeable spike starting around 2018. In 2012, the average tax was approximately $3,129.64, but by 2021, it had jumped to around $5,654.35. This rising trend could be indicative of increasing property values or adjustments in tax rates, making it an important factor to consider for potential investors, residents, appraisers, and real estate agents assessing the financial landscape in the area.
Percentage of Farm Returns in Mason County, MI Over the Last 10 Years
In the past decade, Mason County, Michigan has seen a gradual decline in the percentage of farm tax returns, starting at approximately 2.66% in 2012 and tapering to around 2.16% by 2021. This trend could imply a shift in the local economic landscape or changing priorities among property owners. For potential investors or those considering a move, this data may hint at evolving opportunities or challenges within the agricultural sector. Farm tax returns generally denote filings by those involved in agriculture, giving insights into the prevalence and financial health of farming activities in the area.
Number of Mortgages by Occupancy Type in Mason County, MI Over the Last 5 Years in Mason County
Mason County, Michigan has seen fluctuating trends in its mortgage market over the past five years. Principal residences consistently dominate, peaking in 2021 with 1,256 mortgages. Second residences and investment properties saw more modest numbers, with second homes hitting a high in 2020 at 254 mortgages. These variations in occupancy type suggest differing levels of demand and economic conditions, which could influence property values, rental market viability, and risk assessments. Understanding these trends can help investors, real estate agents, and insurance agents gauge market stability and potential for growth.
Economic Outlook
Recent data for Mason County, Michigan reveals a steady rise in average taxable income per tax return from $44,462.31 in 2013 to $62,301.98 in 2021, suggesting economic improvement and stability. Alongside this, average state and local income taxes per tax return surged from approximately $4,317.36 in 2012 to $8,947.73 by 2021, perhaps hinting at a growing economic base but increased tax obligations. Interestingly, the average total tax liability per tax return has also fluctuated but generally... Read more
Average Taxable Income per Tax Return in Mason County, MI over the last 9 years
Over the last nine years, Mason County, Michigan has seen a gradual increase in average taxable income per tax return, climbing from $44,462.31 in 2013 to $62,301.98 in 2021. This steady growth, which appears to be accelerating in recent years, might indicate economic improvement and stability, potentially making it an attractive location for investors and new residents. Increased average incomes can also influence property valuations, premiums for insurance agents, and insights for real estate agents and appraisers. Understanding these dynamics could be crucial for assessing the economic health and investment potential of Mason County.
Average State and Local Income Taxes Per Tax Return in Mason County, MI Over the Last 10 Years
Mason County, Michigan has seen a notable upward trend in average state and local income taxes per tax return over the past decade, peaking sharply in recent years. From a low of approximately $4,317.36 in 2012, there was a significant rise to $8,947.73 by 2021. This suggests that taxpayers in the area could be contributing more in taxes now compared to a decade ago. For those considering moving to or investing in Mason County, this trend might indicate a growing economic base but also higher tax obligations.
Average Total Tax Liability Per Tax Return in Mason County, MI Over the Last 10 Years
Over the past decade, Mason County, Michigan has seen a fluctuating but generally increasing trend in average total tax liability per tax return, with a notable jump in 2021 reaching $9,326.96. This upward trend suggests a possible economic uplift or changes in tax policy impacting residents. For investors, real estate agents, or anyone considering building in the area, this could imply a region experiencing growth, although the variability year-to-year also highlights potential economic volatility.
Cost of Living in Mason County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,094 | $1,391 | $1,746 | $1,257 | $1,096 |
| 1 adult 4 children | $1,094 | $1,136 | $1,334 | $1,257 | $1,188 |
| 2 adults 3 children | $1,094 | $1,137 | $1,515 | $1,257 | $905 |
| 1 adult 3 children | $1,094 | $928 | $1,103 | $1,257 | $973 |
| 2 adults 2 children | $871 | $931 | $1,285 | $1,090 | $819 |
| 1 adult 2 children | $871 | $695 | $873 | $1,090 | $744 |
| 2 adults 1 child | $871 | $735 | $1,054 | $545 | $745 |
| 1 adult 1 child | $871 | $475 | $642 | $545 | $618 |
| 2 adults | $662 | $591 | $824 | $0 | $625 |
| 1 adult | $652 | $322 | $412 | $0 | $524 |
Safety trends & Data
Mason County, Michigan's property crime landscape shows notable fluctuations over the past five years, with larceny-theft peaking at 60 cases in 2019 before stabilizing to 20 by 2022. While trends in vandalism and burglary are variable with no consistent increase, motor vehicle theft remains relatively low but inconsistent. Embezzlement and fraud incidents are comparatively minimal, suggesting a relative sense of financial security, which could be appealing for new business ventures. Real... Read more
Property Crime Trends in Mason County, MI Over the Last 5 Years
Mason County, Michigan shows fluctuating property crime rates over the past five years, with a notable peak in larceny-theft in 2019 at 60 cases, before stabilizing to 20 by 2022. Vandalism and burglary trends exhibit variability, but no consistent increase. Motor vehicle theft remains relatively low but varied year by year. The data might hint at opportunities for real estate investors and insurance agents to consider the crime variability when assessing risk. Lower numbers in embezzlement and fraud suggest these aren't as prevalent, providing a relative sense of financial security for new business ventures.
Demographics
Mason County, Michigan, exhibits a relatively balanced gender composition, slightly favoring females. Educational attainment shows a predominant concentration at the high school graduate level, with a notable portion of adults attending some college or obtaining associate degrees. The age distribution reveals a significant proportion of middle-aged and older adults, hinting at potential impacts on local healthcare services and community planning. Racially, the county remains predominantly... Read more
Race Distribution in Mason County, Michigan (2022)
Educational Attainment in Mason County, Michigan (2022)
Age Distribution in Mason County, Michigan
Citizen Population in Mason County, Michigan (2022)
Political Trends & Data
In Mason County, Michigan, the 2020 U.S. Presidential Election results indicate a possible Republican inclination, with an estimated 59% of the vote. Democrats perhaps obtained around 39%, suggesting a strong two-party system with limited third-party influence. This distribution could point to wider ideological splits in local political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Mason County, Michigan, the 2020 U.S. Presidential Election data suggests a leaning towards Republican preferences, as they potentially garnered around 59% of the votes. Democrats might have received approximately 39%, with Libertarians and Green Party candidates trailing significantly, suggesting a low impact from third-party contenders. This distribution hints at a predominantly two-party competition, possibly reflecting broader ideological divides within the county.
59.16% of voters voted for the Republican party in the 2020 Presidential Election
39.42% of voters voted for the Democrat party in the 2020 Presidential Election
0.83% of voters voted for the Livertarian party in the 2020 Presidential Election
0.33% of voters voted for the Green party in the 2020 Presidential Election
0.26% of voters voted for the Other party in the 2020 Presidential Election
School Data
Mason County, Michigan has experienced notable fluctuations in its student-to-teacher ratio, peaking at about 28 students per teacher in 2014 and dropping to approximately 18 in 2016 and 2017, before leveling off around 20 in recent years. This trend could influence investor, builder, and real estate agent decisions by suggesting shifting demand for educational resources, potentially reflecting on the quality of local schools and property values. The county's higher-than-average... Read more
Student-to-teacher ratio in Mason County, Michigan over the last 10 years
Over the last decade, Mason County, Michigan has seen a significant fluctuation in its student-to-teacher ratio, starting from a high of approximately 28 students per teacher in 2014 and markedly decreasing to about 18 in 2016 and 2017, before stabilizing around 20 in recent years. This trend could influence decisions for potential investors, builders, and real estate agents by indicating shifting demand for educational resources and potentially signaling the quality of local schools, which is often correlated with property values. Comparatively, the student-to-teacher ratio in Mason County has generally been higher than the national average of 14 students per teacher, suggesting that there may be larger class sizes and possibly more strain on educational resources. Understanding these ratios can also assist appraisers and insurance agents in their evaluations and assessments of the community.
