Sanilac County Real Estate and Livability Trends
Sanilac County, Michigan, reflects increasing income levels with average taxable income per tax return rising from $42,202.86 in 2013 to $56,112.36 by 2021 and average state and local income taxes per return nearly doubling from $4,073.90 in 2012 to $8,348.57 in 2021. Home values have steadily increased from $94,800.00 in 2015 to $149,300.00 by 2022, yet real estate taxes have also surged,... Read more
Sanilac County Market Trends
Home values in Sanilac County, Michigan have grown steadily over the last eight years, rising from $94,800.00 in 2015 to $149,300.00 in 2022, which could suggest more affordable options compared to the state's median value. Noteworthy fluctuations in residential energy tax credits were observed, peaking dramatically at $2,550.00 in 2018, a sign of potential policy changes or incentives. Real... Read more
Median Value of Occupied Housing Units in Sanilac County, Michigan Over the Last 8 Years
Home values in Sanilac County, Michigan have seen a consistent upward trend over the last eight years, with the median value rising from $94,800.00 in 2015 to $149,300.00 in 2022. Compared to Michigan's state median, which increased from $122,400.00 to $201,100.00 in the same period, and the national median, which climbed from $125,500.00 to $179,400.00, Sanilac County's growth appears relatively measured. This data suggests that while the area may not see the same rapid appreciation as broader markets, it could provide more affordable options for those looking to invest or relocate within Michigan, potentially offering steady appreciation without the volatility seen in larger markets.
Residential Energy Tax Credit Per Tax Return in Sanilac County, MI Over the Last 9 Years
Sanilac County, Michigan has shown significant fluctuations in residential energy tax credits per tax return over the past nine years. Notably, there was a dramatic spike in 2018, reaching an unusual $2550.00, which indicates a potentially temporary incentive or policy change that year. Despite this anomaly, the general trend points towards a gradual increase in credits, closing out at $815.56 in 2021. These trends may suggest a growing awareness or adoption of energy-efficient home improvements among homeowners, which could be of interest to investors, builders, and insurance agents looking to understand property value dynamics and energy efficiency investments in the area.
Average Real Estate Taxes Per Tax Return in Sanilac County, MI Over the Last 10 Years
Sanilac County, Michigan has seen a clear upwards trend in average real estate taxes over the past decade, with the average tax per return rising from approximately $2,189.47 in 2012 to $3,826.47 in 2021. Notably, there was a sharp increase between 2017 and 2018, where the average jumped from $2,542.75 to $3,462.00. This increasing tax burden could impact various decisions for potential investors, real estate agents, appraisers, and those considering building or purchasing property in the area. These trends may suggest rising property values or a shifting tax policy, factors that are essential for stakeholders to monitor closely.
Percentage of Farm Returns in Sanilac County, MI Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Sanilac County, Michigan, has generally seen a slight decline. In 2012 and 2013, the percentage held steady at around 7.44%. This number slowly decreased over the years, dropping to approximately 7.10% by 2016 and further to around 6.38% by 2020. There's a minor uptick visible in 2021, hovering around 6.45%. Farm tax returns represent the portion of filed tax returns specifically related to agricultural income, highlighting the financial viability of farming in the area. This downward trend might indicate shifting economic conditions or possibly a transition in land use. For investors, potential homeowners, builders, and residents, this is an insightful gauge into the rural economy's health and possibly the evolving demographic or industry priorities within Sanilac County.
Number of Mortgages by Occupancy Type in Sanilac County, MI Over the Last 5 Years in Sanilac County
In Sanilac County, Michigan, mortgage counts for principal residences have generally been the highest, although there was a notable peak in 2021 followed by a drop in 2022. Second residences saw a surge in 2020 but have since declined, while investment property numbers have remained relatively stable but low. Shifts in the types of properties being financed can indicate changes in economic conditions, population movements, and investment climates. Those considering moving here or investing should note that the demand for principal residences and potential fluctuations in second home or investment property markets might impact property values and availability. This nuanced understanding could be crucial for appraisers, real estate agents, and insurance agents in making informed assessments and recommendations.
Economic Outlook
Sanilac County, Michigan, has witnessed a significant rise in average taxable income per tax return, moving from $42,202.86 in 2013 to $56,112.36 by 2021. Coupled with increases in average state and local income taxes per return, surging from $4,073.90 in 2012 to $8,348.57 in 2021, this trend might imply higher incomes or increased tax rates. Average total tax liability has also climbed to $7,749.05 in 2021, with a notable jump between 2016 and 2017, suggesting an impact on property values,... Read more
Average Taxable Income per Tax Return in Sanilac County, MI over the last 9 years
Sanilac County, Michigan, has shown a steady increase in average taxable income per tax return over the last nine years, rising from approximately $42,202.86 in 2013 to around $56,112.36 in 2021. This upward trend may suggest economic growth and potentially higher earning opportunities for residents. Investors, real estate agents, or those considering moving might find this pertinent, as it could indicate a strengthening financial environment. Tax appraisers and insurance agents might also note the gradual increase as a factor in property valuations and policy pricing.
Average State and Local Income Taxes Per Tax Return in Sanilac County, MI Over the Last 10 Years
Over the past decade, Sanilac County, Michigan has seen a notable upward trend in average state and local income taxes per tax return. From $4,073.90 in 2012, taxes increased steadily, spiking significantly to $6,806.67 in 2018 and then to $8,348.57 in 2021. This likely indicates a rise in either income levels or tax rates, or both, making it crucial for potential investors or residents to consider the financial implications of these trends.
Average Total Tax Liability Per Tax Return in Sanilac County, MI Over the Last 10 Years
Sanilac County, Michigan has seen a steady increase in average total tax liability per tax return over the past decade, reaching $7,749.05 in 2021. Notably, there was a significant jump between 2016 and 2017, with liabilities rising from $6,560.36 to $7,023.74. Such trends could indicate increasingly higher incomes or tax rates, impacting potential investment returns, property values, insurance calculations, and overall cost of living for residents and newcomers alike.
Cost of Living in Sanilac County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,080 | $1,263 | $1,711 | $1,146 | $994 |
| 1 adult 4 children | $1,080 | $1,031 | $1,307 | $1,146 | $1,083 |
| 2 adults 3 children | $1,080 | $1,032 | $1,485 | $1,146 | $830 |
| 1 adult 3 children | $1,080 | $842 | $1,081 | $1,146 | $879 |
| 2 adults 2 children | $826 | $844 | $1,259 | $993 | $751 |
| 1 adult 2 children | $826 | $631 | $855 | $993 | $665 |
| 2 adults 1 child | $826 | $667 | $1,034 | $497 | $695 |
| 1 adult 1 child | $826 | $431 | $630 | $497 | $578 |
| 2 adults | $628 | $536 | $808 | $0 | $598 |
| 1 adult | $582 | $292 | $404 | $0 | $501 |
Safety trends & Data
Sanilac County, Michigan has seen significant swings in property crime over the last five years, with vandalism peaking at 20.00 in 2021 and burglary rising from 1.00 in 2019 to 12.00 by 2022. Fraud cases spiked in 2020 and 2022, reaching 10.00 and 18.00 respectively, while Motor Vehicle Theft rose from 7.00 in 2020 to 12.00 in both 2021 and 2022. These patterns suggest potential risks for homeowners and provide critical insights for real estate developers, investors, and local stakeholders to... Read more
Property Crime Trends in Sanilac County, MI Over the Last 5 Years
Sanilac County, Michigan has seen significant fluctuations in property crime over the past five years. Vandalism consistently tops the charts, reaching a peak value of 20.00 in 2021. Burglary numbers notably increased from 1.00 in 2019 to 12.00 by 2022, suggesting a rising concern for homeowners. Fraud cases also surged, especially in 2020 and 2022, with values of 10.00 and 18.00 respectively. The numbers for Motor Vehicle Theft jumped from 7.00 in 2020 to 12.00 in both 2021 and 2022, signaling potential risks for vehicle owners. These trends offer critical insights for real estate developers, investors, aspiring residents, and local stakeholders to strategize accordingly.
Demographics
Sanilac County, Michigan shows a nearly balanced adult population split between males and females in 2022. Educational attainment reveals that a significant portion of the population has completed high school or has some college experience, though advanced degrees are less common. The age distribution leans towards an older demographic, with many residents aged 55 years and older. Ethnically, the county is predominantly White, with very small percentages of other racial groups. These trends may... Read more
Race Distribution in Sanilac County, Michigan (2022)
Educational Attainment in Sanilac County, Michigan (2022)
Age Distribution in Sanilac County, Michigan
Citizen Population in Sanilac County, Michigan (2022)
Political Trends & Data
Sanilac County, Michigan, saw Republicans likely dominate the 2020 U.S. Presidential Election with over 72% of the votes, while Democrats garnered around 27%. Minor parties barely registered, capturing less than 2%. This trend might indicate a pronounced Republican inclination among local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Sanilac County, Michigan, the 2020 U.S. Presidential Election results indicated a significant leaning towards the Republican party, which appeared to secure over 72% of the votes. Democrats trailed with approximately 27%. Minor parties like the Libertarian and Green parties collectively made up less than 2% of the votes. This distribution could suggest a strong Republican presence or preference among the electorate in this county.
72.15% of voters voted for the Republican party in the 2020 Presidential Election
26.58% of voters voted for the Democrat party in the 2020 Presidential Election
0.95% 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
Sanilac County, Michigan, has experienced dramatic shifts in its student-to-teacher ratio over the past decade, peaking at 50 students per teacher in 2014 before dropping to around 17 in 2023. This can make the area more appealing to families due to the implication of more personalized attention for students. These changes may influence property values, while insurers could view the metrics as indicative of community investment... Read more
Student-to-teacher ratio in Sanilac County, Michigan over the last 10 years
Sanilac County, Michigan, has seen substantial fluctuations in its student-to-teacher ratio over the last decade, peaking at 50 students per teacher in 2014 and dropping significantly to more comparable ratios in recent years. The most current data for 2023 shows a ratio of nearly 17, slightly above the national average of 14. These changes might influence how potential buyers, investors, and builders view the area, as lower ratios often suggest more personalized attention for students, potentially making the county more attractive for families. For real estate agents and appraisers, this can affect property values, while insurers might consider the metrics indicative of community investment levels.
