Missaukee County Real Estate and Livability Trends
Missaukee County, Michigan has witnessed an uptick in median home values from $103,200 in 2015 to $153,300 in 2022, signaling growing investment potential. Average real estate taxes nearly doubled from $2,222.33 in 2012 to $4,758.82 in 2021, possibly reflecting rising property values. Declines in farm tax returns indicate a shift from agriculture, while variations in mortgages for principal... Read more
Missaukee County Market Trends
Missaukee County, Michigan has experienced a notable increase in median home values, rising from $103,200 in 2015 to $153,300 in 2022. This local growth, while still trailing statewide and national figures, signals promising investment potential. The county's residential energy tax credits reflect a growing focus on energy efficiency, which could attract eco-conscious buyers. On the tax front,... Read more
Median Value of Occupied Housing Units in Missaukee County, Michigan Over the Last 8 Years
In Missaukee County, Michigan, median home values have seen a steady upward trend over the past eight years, starting at $103,200 in 2015 and reaching $153,300 by 2022. This represents significant growth, especially when compared to the median values for the entire state of Michigan, which saw an increase from $122,400 to $201,100 over the same period. While still trailing behind the national median, which jumped from $125,500 to $179,400, Missaukee County’s consistent appreciation suggests a solid investment potential for prospective homeowners or investors looking for promising areas within Michigan.
Residential Energy Tax Credit Per Tax Return in Missaukee County, MI Over the Last 8 Years
Over the past eight years, Missaukee County, Michigan has seen fluctuations in the average residential energy tax credit per tax return, peaking sharply to $657.14 in 2019 and dipping to $246.67 in 2016. The recent years indicate a general upward trend, with the average credit reaching $514.29 in 2021. For those investing in or moving to the area, this suggests a growing emphasis on energy efficiency and potential financial benefits for homeowners who invest in energy-saving improvements. Real estate agents and insurance agents might find this trend useful when evaluating property values and the attractiveness of homes in the county.
Average Real Estate Taxes Per Tax Return in Missaukee County, MI Over the Last 10 Years
Missaukee County, Michigan has seen a consistent upward trend in average real estate taxes per tax return over the past decade. Starting at $2,222.33 in 2012, figures have climbed sharply to $4,758.82 by 2021. This could suggest rising property values, making it noteworthy for investors and real estate agents. Potential homeowners and appraisers might see this as an indicator of increased market demand. For insurers, the heightened tax valuations may call for adjusted coverage amounts. Builders and developers should note the tax implications for future projects within the county.
Percentage of Farm Returns in Missaukee County, MI Over the Last 10 Years
Missaukee County, Michigan has witnessed a gradual decline in the percentage of farm tax returns over the past decade, dropping from approximately 4.74% in 2012 to around 3.40% in 2021. This trend could suggest a shift in the local economy away from agriculture or changes in the viability or attractiveness of farming as a profession in the region. For those considering investing, moving to, or building property in this county, it's worth considering how these changes in the agricultural sector might influence overall local economic health and development opportunities.
Number of Mortgages by Occupancy Type in Missaukee County, MI Over the Last 5 Years in Missaukee County
In Missaukee County, Michigan, the number of mortgages for principal residences has varied quite a bit over the last five years, with a high of 758 in 2021 and a low of 539 in 2018. Second residences saw a peak at 107 in 2020 but generally hovered around 63-103 in other years. Investment properties consistently ranged from 10 to 21 annually. Shifting patterns in occupancy types could indicate changing demand in housing markets, which is critical for investors assessing potential returns, developers planning new projects, and real estate agents understanding buyer behavior. For appraisers and insurance agents, these trends might reflect changing risks and property values. These insights also affect residents considering property upgrades or moves, helping them understand their area's real estate dynamics better.
Economic Outlook
Missaukee County, Michigan has enjoyed a steady climb in average taxable income per tax return, rising from $38,020.00 in 2013 to $56,695.60 by 2021, hinting at economic improvements or better earnings potential. However, the surge in state and local income taxes, from $3,525.84 in 2012 to $12,283.33 by 2021, points to a growing financial burden on residents, which might affect housing affordability. While the total tax liability has also risen, these trends could be linked to broader economic... Read more
Average Taxable Income per Tax Return in Missaukee County, MI over the last 9 years
Missaukee County, Michigan has experienced a steady upward trend in average taxable income per tax return over the last nine years. Starting at $38,020.00 in 2013, values have climbed to $56,695.60 by 2021. This gradual increase, with notable growth particularly after 2017, may suggest economic improvement or higher earnings potential in the area. For investors, real estate agents, and those looking to move, this trend indicates a possibly stronger local economy and a potentially favorable environment for financial growth and property value appreciation.
Average State and Local Income Taxes Per Tax Return in Missaukee County, MI Over the Last 10 Years
Missaukee County, Michigan, has seen a notable increase in average state and local income taxes per tax return over the past decade. Starting around $3,525.84 in 2012, taxes have spiked significantly with the most recent figure in 2021 hitting $12,283.33. This upward trend suggests a growing financial responsibility for residents, which could be linked to economic development and rising property values. For potential investors and future residents, understanding these changes is crucial, as the increasing tax burden might impact housing affordability and overall cost of living in the area.
Average Total Tax Liability Per Tax Return in Missaukee County, MI Over the Last 10 Years
Over the last decade, Missaukee County, Michigan has seen a fluctuating but generally upward trend in average total tax liability per tax return. Starting at $4,810.02 in 2012, there was a noticeable increase to $7,888.70 by 2021. Notable spikes occurred in 2015 and 2020, likely reflecting broader economic shifts. For those considering real estate investments or relocations in this county, these figures suggest a potentially rising financial obligation over time.
Cost of Living in Missaukee County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,062 | $1,351 | $1,603 | $1,270 | $1,062 |
| 1 adult 4 children | $1,062 | $1,103 | $1,224 | $1,270 | $1,166 |
| 2 adults 3 children | $1,062 | $1,104 | $1,392 | $1,270 | $881 |
| 1 adult 3 children | $1,062 | $901 | $1,013 | $1,270 | $961 |
| 2 adults 2 children | $873 | $904 | $1,181 | $1,101 | $817 |
| 1 adult 2 children | $873 | $675 | $802 | $1,101 | $754 |
| 2 adults 1 child | $873 | $714 | $970 | $550 | $745 |
| 1 adult 1 child | $873 | $461 | $591 | $550 | $629 |
| 2 adults | $663 | $574 | $759 | $0 | $626 |
| 1 adult | $604 | $313 | $379 | $0 | $523 |
Safety trends & Data
Missaukee County, Michigan has seen varied property crime trends over the past five years, with larceny-theft being the most frequent, peaking at 12 cases in 2019. Burglary saw a spike in 2020 with 8 incidents, along with an increase in motor vehicle thefts. Vandalism stayed relatively high in 2019 and 2021 with 6 and 7 incidents. Even though fraud and embezzlement rates were low, their presence adds to the property crime diversity. These fluctuations are vital considerations for investors,... Read more
Property Crime Trends in Missaukee County, MI Over the Last 5 Years
Missaukee County, Michigan has seen fluctuating property crime trends over the past five years, with larceny-theft consistently remaining the most frequent crime, peaking at 12 cases in 2019. There was a noticeable spike in burglary incidents in 2020 with 8 reported cases, coinciding with an increase in motor vehicle thefts during the same year. Vandalism reports showed variability but stayed relatively high in 2019 and 2021 with 6 and 7 incidents, respectively. Although fraud and embezzlement were relatively low, their presence indicates a diverse range of property crimes. Investors, developers, and real estate agents may want to consider these trends when evaluating property safety and regional crime management strategies.
Demographics
Missaukee County, Michigan, shows a fairly balanced adult population gender-wise, with males slightly outnumbering females. The educational landscape indicates a predominant high school level attainment, with less pursuit of higher education degrees. Age distribution highlights an aging population, particularly significant proportions in the 55 to 64 and 65 to 74-year-old brackets. Racial composition is predominantly White, with minimal representation from other racial groups, which might... Read more
Race Distribution in Missaukee County, Michigan (2022)
Educational Attainment in Missaukee County, Michigan (2022)
Age Distribution in Missaukee County, Michigan
Citizen Population in Missaukee County, Michigan (2022)
Political Trends & Data
Missaukee County, Michigan leaned significantly Republican in the 2020 U.S. Presidential Election, potentially showing that around 76% of voters favored the Republican candidate compared to about 22% for the Democrat. The marginal support for third-party candidates suggests limited interest in alternative political movements here, hinting at a deeply entrenched two-party system within this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Missaukee County, Michigan, exhibited a strong Republican lean in the 2020 U.S. Presidential Election, with approximately 76% of the votes potentially favoring the Republican candidate. Democrats garnered around 22%, indicating a significant gap between the two main parties. Third-party candidates, including the Libertarian and Green parties, collectively received a small fraction of the votes, suggesting limited support for alternative political movements in the county. This trend might reflect broader political attitudes within this region and could be indicative of long-standing partisan preferences.
75.93% of voters voted for the Republican party in the 2020 Presidential Election
22.47% of voters voted for the Democrat party in the 2020 Presidential Election
1.27% of voters voted for the Livertarian party in the 2020 Presidential Election
0.18% of voters voted for the Green party in the 2020 Presidential Election
0.15% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the last decade, Missaukee County, Michigan has seen fluctuations in the student-to-teacher ratio, peaking at around 21:1 in 2016 and dropping to approximately 18:1 in 2018 and 2023. Compared to the national average of 14:1, these higher ratios might signal potential challenges or efficiencies in educational resources. For investors, real estate agents, and families, this is key information for assessing school quality, while appraisers and insurance agents might view it as a precursor to... Read more
Student-to-teacher ratio in Missaukee County, Michigan over the last 10 years
Over the last decade, Missaukee County, Michigan has seen fluctuations in the student-to-teacher ratio, peaking at around twenty-one in 2016 and dropping to approximately eighteen in 2018 and 2023. Compared to the national average of fourteen students per teacher, the ratios here tend to be higher. This could signal potential challenges or efficiencies in educational resources, important for investors, real estate agents, and families considering the area. For appraisers and insurance agents, these trends might hint at future demographic shifts or educational investments worth noting.
