Anoka County Real Estate and Livability Trends
Anoka County, Minnesota's median home value has experienced a substantial increase, from $187,600 in 2015 to $302,300 in 2022, outperforming state and national averages. Real estate taxes have similarly risen, from approximately $2,919.63 per tax return in 2012 to about $4,194.11 by 2021, reflecting the county's economic landscape. A noticeable shift away from agricultural activities is evident... Read more
Anoka County Market Trends
In Anoka County, Minnesota, the median home value has surged from $187,600 in 2015 to $302,300 in 2022, outpacing state and national averages. The county also experienced a significant spike in residential energy tax credits, hitting $2,213.04 in 2018, suggesting increased energy-efficient projects. Real estate taxes per tax return rose from approximately $2,919.63 in 2012 to around $4,194.11 by... Read more
Median Value of Occupied Housing Units in Anoka County, Minnesota Over the Last 8 Years
Over the past eight years, Anoka County, Minnesota has seen its median home value rise from $187,600 in 2015 to $302,300 in 2022. This growth outpaces both the state of Minnesota, which went from $186,200 to $286,800, and the national average, which increased from $125,500 to $179,400 in the same period. Potential investors or prospective residents might find these trends significant as they indicate a robust and accelerating housing market within the county, suggesting potentially strong returns on property investments. For current homeowners, this could also mean increased equity and the possibility of favorable refinancing conditions.
Residential Energy Tax Credit Per Tax Return in Anoka County, MN Over the Last 9 Years
Anoka County, Minnesota has seen significant fluctuations in the residential energy tax credit per tax return over the past nine years. While the average hovered around $256.69 in 2013, it increased moderately to $396.54 by 2017, indicating a growing awareness or investment in energy-efficient home improvements. The most notable spike occurred in 2018, with a remarkable jump to $2213.04, suggesting possibly a surge in high-value energy efficiency projects or tax credit policies benefiting homeowners significantly for that year. Post-2018, the average dropped but stabilized around the $718.10 mark by 2021. These trends could be useful for investors, real estate agents, and homeowners considering energy-efficient renovations or assessing property values with the potential for tax credits in mind.
Average Real Estate Taxes Per Tax Return in Anoka County, MN Over the Last 10 Years
In Anoka County, Minnesota, average real estate taxes per tax return have shown a marked increase over the past decade, starting from approximately $2,919.63 in 2012 and reaching around $4,194.11 by 2021. The significant rise, particularly noticeable from 2017 onwards, might reflect broader economic trends or local fiscal policies that could impact the area's attractiveness for property investments. This could be particularly relevant for investors, prospective homeowners, appraisers, and real estate agents, as fluctuating tax rates are a crucial consideration in the valuation and affordability of properties.
Percentage of Farm Returns in Anoka County, MN Over the Last 10 Years
Anoka County, Minnesota has seen a gradual decline in the percentage of farm tax returns over the last decade, dropping from approximately 0.38% in 2012 to around 0.28% in 2021. Farm tax returns reflect income and expenses directly associated with farming operations, and this downward trend might suggest a shift away from agricultural pursuits or consolidation of farm properties. Potential investors and developers might find these insights valuable when considering land use and economic opportunities in the county. However, those interested in maintaining rural and agrarian lifestyles might be cautious, considering the steady reduction in reported farm activities.
Number of Mortgages by Occupancy Type in Anoka County, MN Over the Last 5 Years in Anoka County
In Anoka County, Minnesota, there has been a noticeable fluctuation in the number of mortgages across different occupancy types over the past five years. Principal residence mortgages peaked in 2020 with over 37,000 counts, while investment property mortgages have seen a moderate increase, topping at around 1,009 in 2021, then declining. Second residences remain a small fraction of the market but have shown slight increases each year. These changes in occupancy type can be essential for investors and property developers considering market demands, appraisers gauging property values, and insurers assessing risk profiles. Real estate agents and potential homebuyers can find this trend informative for understanding neighborhood dynamics and making informed decisions.
Economic Outlook
Anoka County, Minnesota, has experienced a steady rise in average taxable income per tax return, from $62,376.28 in 2013 to $82,409.49 in 2021, suggesting economic prosperity and potential appeal for investors and property developers. The increase in average state and local income taxes from $5795.01 in 2012 to $12,681.47 by 2021 may signify economic growth or policy changes, impacting living expenses and investment returns. Moreover, the escalating average total tax liability reaching... Read more
Average Taxable Income per Tax Return in Anoka County, MN over the last 9 years
Anoka County, Minnesota has seen a steady upward trend in average taxable income per tax return over the past nine years, climbing from around $62,376.28 in 2013 to approximately $82,409.49 in 2021. This sustained growth suggests a potential increase in economic prosperity and improving income levels for residents, which could be attractive for investors, property developers, and real estate agents. The rising income also hints at a growing tax base, beneficial for public services and community infrastructure, thus increasing the overall appeal for those considering a move to the area.
Average State and Local Income Taxes Per Tax Return in Anoka County, MN Over the Last 10 Years
Over the past decade, Anoka County, Minnesota has seen a significant increase in average state and local income taxes per tax return. Starting at around $5795.01 in 2012, the figures surged to $12681.47 by 2021. This sharp rise may suggest economic growth, increased personal incomes, or changes in tax policy. Investors, real estate developers, and potential residents should consider these trends, as higher taxes can impact living expenses and investment returns.
Average Total Tax Liability Per Tax Return in Anoka County, MN Over the Last 10 Years
Over the past decade, Anoka County, Minnesota has seen a noticeable escalation in the average total tax liability per return, peaking at $12,467.97 in 2021. This upward trend suggests rising incomes and potentially higher property values, which could attract investors and real estate agents looking for lucrative opportunities. For prospective homeowners and property developers, these increasing tax liabilities indicate a robust local economy but also imply higher annual expenses. Insurance agents, appraisers, and anyone with a stake in the residential market should monitor these shifts as they reflect broader economic conditions in the area.
Cost of Living in Anoka County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,931 | $1,588 | $1,609 | $2,666 | $2,183 |
| 1 adult 4 children | $1,931 | $1,297 | $1,259 | $2,666 | $2,386 |
| 2 adults 3 children | $1,931 | $1,298 | $1,381 | $2,666 | $1,949 |
| 1 adult 3 children | $1,931 | $1,059 | $1,032 | $2,666 | $2,192 |
| 2 adults 2 children | $1,421 | $1,062 | $1,154 | $2,368 | $1,498 |
| 1 adult 2 children | $1,421 | $793 | $804 | $2,368 | $1,655 |
| 2 adults 1 child | $1,421 | $840 | $927 | $1,399 | $1,165 |
| 1 adult 1 child | $1,421 | $542 | $577 | $1,399 | $1,207 |
| 2 adults | $1,158 | $674 | $699 | $0 | $765 |
| 1 adult | $1,015 | $368 | $350 | $0 | $644 |
Safety trends & Data
Potential investors and residents in Anoka County, Minnesota, might take interest in the notable decline in larceny-theft and burglary from 2018 to 2021, though fraud cases are on the rise, with $265.00 incidents reported in 2022. Vandalism and arson remain relatively steady with minor fluctuations, indicating a potential need for enhanced security and fraud prevention measures. This mix of trends points to both opportunities and precautions for new property developments in the... Read more
Property Crime Trends in Anoka County, MN Over the Last 5 Years
Potential investors and residents in Anoka County, Minnesota, might find it particularly noteworthy that while overall property crime trends are generally variable year over year, some categories such as larceny-theft and burglary have seen a noticeable decline from 2018 to 2021. Fraud cases, however, seem to be on the rise, with 2022 showing 265.00 incidents, up significantly from earlier years. Vandalism and arson remain relatively low but steady, with minor fluctuations. This could suggest a focused need for enhanced security and fraud prevention measures, making the area both a potential opportunity and a caution for new property developments.
Demographics
Anoka County, Minnesota, shows a nearly balanced gender distribution, which could support a diverse range of community initiatives or policies. The age distribution highlights a significant population in older age brackets, potentially affecting healthcare services and retirement planning. Educational attainment data suggest a relatively high level of education, with a noteworthy number of residents holding Bachelor’s or graduate degrees, indicating a skilled workforce that could attract... Read more
Race Distribution in Anoka County, Minnesota (2022)
Educational Attainment in Anoka County, Minnesota (2022)
Age Distribution in Anoka County, Minnesota
Citizen Population in Anoka County, Minnesota (2022)
Political Trends & Data
Anoka County, Minnesota, revealed a competitive political landscape in the 2020 U.S. Presidential Election, with Republicans capturing approximately 49.7% of the vote and Democrats close behind at roughly 47.8%. This narrow margin suggests a politically diverse electorate, potentially making Anoka County a key battleground in future elections. Minor parties like the Libertarians and Greens garnered limited support, securing just over 1% and 0.3%... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Anoka County, Minnesota, the 2020 U.S. Presidential Election revealed a competitive political landscape, with Republicans capturing approximately 49.7% of the vote and Democrats close behind at roughly 47.8%. Minor parties like the Libertarians and Greens garnered limited support, securing just over 1% and 0.3% respectively. This narrow margin between the two major parties might indicate a politically diverse electorate, potentially making Anoka County a key battleground in future elections.
49.69% of voters voted for the Republican party in the 2020 Presidential Election
47.79% of voters voted for the Democrat party in the 2020 Presidential Election
1.17% of voters voted for the Livertarian party in the 2020 Presidential Election
0.35% of voters voted for the Green party in the 2020 Presidential Election
1.01% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Anoka County, Minnesota experienced a dramatic spike in 2016 and 2017, surpassing 27 students per teacher, which could indicate overcrowded classrooms and potentially strained educational resources. Recently, the ratio has stabilized at around 14 students per teacher, aligning more closely with the national average. This trend might be important for investors, new residents, and real estate agents, as it highlights efforts to enhance education quality and... Read more
Student-to-teacher ratio in Anoka County, Minnesota over the last 10 years
The student-to-teacher ratio in Anoka County, Minnesota has seen significant fluctuations over the past decade, with a noticeable peak in 2016 and 2017 when ratios jumped dramatically to over 27 students per teacher. This sharp increase might suggest periods of overcrowded classrooms, potentially impacting the quality of education. In recent years, however, the ratio has stabilized closer to the national average of 14 students per teacher, which might indicate efforts to address class sizes and improve educational outcomes. This data could be pivotal for investors, new residents, and real estate agents as it reflects the evolving focus on education and community resources in Anoka County.
