Brown County Real Estate and Livability Trends
Brown County, Minnesota's real estate market reveals diverse trends impacting potential investments. Median home values have steadily climbed from $125,500 in 2015 to $165,200 in 2022, offering affordable yet promising opportunities compared to statewide averages. Real estate taxes have surged from $2,056.29 in 2012 to $3,416.67 in 2021, demanding careful financial planning. Notably, energy tax... Read more
Brown County Market Trends
Brown County, Minnesota has seen a steady rise in median home values from $125,500 in 2015 to $165,200 in 2022, presenting solid yet more affordable investment opportunities compared to statewide averages. Residential energy tax credits have fluctuated but show an overall trend of responsiveness to efficiency incentives, peaking at $468.18 in 2021, suggesting potential for investments in... Read more
Median Value of Occupied Housing Units in Brown County, Minnesota Over the Last 8 Years
Brown County, Minnesota has experienced a steady increase in median home values over the last eight years, jumping from $125,500 in 2015 to $165,200 in 2022. This upward trend, though more gradual compared to Minnesota's overall rise from $186,200 to $286,800 in the same period, suggests a solid potential for investment, with more affordable entry points than statewide averages. Nationally, the median home value climbed from $125,500 to $179,400, indicating Brown County's growth is in line with broader market trends but offers more localized investment opportunities. This mirrors strategic appeal for both new residents and property developers looking for growth potential within the context of the national housing market.
Residential Energy Tax Credit Per Tax Return in Brown County, MN Over the Last 8 Years
The residential energy tax credit per tax return in Brown County, Minnesota has fluctuated considerably over the past eight years. While 2015 and 2016 saw a significant increase in average credits, peaking at $465.63, there was a notable dip in 2017 to $293.33. More recent years have shown a resurgence, with 2021 reaching $468.18. This pattern might suggest a responsiveness of homeowners in Brown County to energy efficiency incentives and possibly varying availability or promotion of such credits, which could be critical for those considering investments in energy-efficient home improvements or evaluating property values in the area.
Average Real Estate Taxes Per Tax Return in Brown County, MN Over the Last 10 Years
Over the past decade, Brown County, Minnesota has seen a notable increase in average real estate taxes per tax return, with values rising from approximately $2,056.29 in 2012 to around $3,416.67 in 2021. This upward trend in property taxes could potentially impact decisions for prospective homeowners, investors, and real estate professionals, who may need to consider these costs in their financial planning and property valuations. Higher real estate taxes might also influence the attractiveness of the area for new developments and affect insurance premiums for property owners.
Percentage of Farm Returns in Brown County, MN Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Brown County, Minnesota has fluctuated slightly but generally hovered around the 9% mark. 2013 and 2014 saw marginal peaks at 9.20% and 9.14%, while 2020 and 2021 hit lower points at 8.60% and 8.67%. These figures suggest a relatively stable agricultural tax base, which could indicate consistent farming operations and may provide insights into the county's economic resilience and potential for agricultural investment.
Number of Mortgages by Occupancy Type in Brown County, MN Over the Last 5 Years in Brown County
In Brown County, Minnesota, the last 5 years show distinct trends in mortgage counts based on occupancy type. Principal residences consistently dominate, peaking in 2020 with 1519 mortgages and declining to 660 in 2022. Investment properties and second residences have much lower mortgage counts, with investment properties decreasing gradually from 43 in 2018 to 40 in 2022, and second residences fluctuating minimally. Changes in the ratio of principal residences to other occupancy types highlight evolving property usage patterns, impacting market dynamics, investment opportunities, and risk assessments for insurers and appraisers. Understanding these shifts helps real estate agents and potential buyers anticipate demand and strategize accordingly.
Economic Outlook
Brown County, Minnesota has seen a general increase in average taxable income per tax return, particularly between 2020 and 2021 when it rose from around $65,464.55 to $71,795.05. Despite this, fluctuations such as the drop in 2015 suggest a need for cautious long-term financial decisions. Meanwhile, state and local income taxes have surged dramatically, reaching $27,674.47 in 2021 compared to $6,383.62 in 2012. This significant rise might impact property investments and cost-of-living... Read more
Average Taxable Income per Tax Return in Brown County, MN over the last 9 years
Over the past nine years, Brown County, Minnesota has experienced notable fluctuations in average taxable income per tax return, with a general upward trend. The biggest jump occurred between 2020 and 2021, where average taxable income increased from approximately $65,464.55 to $71,795.05. This pattern may suggest a strengthening local economy, potentially making the county more attractive for investors, real estate agents, and those considering relocation. However, some fluctuations, such as the drop in 2015, indicate that caution may be warranted when making long-term financial decisions based on these trends alone.
Average State and Local Income Taxes Per Tax Return in Brown County, MN Over the Last 10 Years
The average state and local income taxes per tax return in Brown County, Minnesota have shown significant growth over the last decade, spiking notably in recent years. From $6,383.62 in 2012 to a steep $27,674.47 in 2021, residents and potential investors should consider the rising tax trends in their financial planning. This stark increase might influence decisions on property investments, relocations, and overall cost-of-living evaluations in the area.
Average Total Tax Liability Per Tax Return in Brown County, MN Over the Last 10 Years
Brown County, Minnesota has experienced fluctuating average total tax liabilities over the past decade. Notably, there was a significant increase from $7,910.45 in 2013 to $10,605.61 in 2021. This variability might reflect economic changes, shifts in income, or tax policy adjustments. Such trends are crucial for potential investors, real estate agents, and others involved in local financial planning, as they can indicate economic health and influence decisions on property investments and valuations. Understanding these changes can help with more accurate forecasting and better financial planning.
Cost of Living in Brown County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,050 | $1,464 | $1,792 | $1,445 | $1,219 |
| 1 adult 4 children | $1,050 | $1,195 | $1,396 | $1,445 | $1,408 |
| 2 adults 3 children | $1,050 | $1,196 | $1,542 | $1,445 | $997 |
| 1 adult 3 children | $1,050 | $976 | $1,146 | $1,445 | $1,162 |
| 2 adults 2 children | $826 | $979 | $1,292 | $1,256 | $850 |
| 1 adult 2 children | $826 | $731 | $896 | $1,256 | $865 |
| 2 adults 1 child | $826 | $774 | $1,042 | $641 | $755 |
| 1 adult 1 child | $826 | $500 | $646 | $641 | $653 |
| 2 adults | $634 | $622 | $792 | $0 | $606 |
| 1 adult | $552 | $339 | $396 | $0 | $496 |
Safety trends & Data
In Brown County, Minnesota, property crime trends have fluctuated over the past five years, especially burglary incidents, which saw a spike in 2021 with 21 arrests but dramatically fell to just 4 in 2022. Larceny-theft, initially the most prevalent crime, dropped sharply from 35 cases in 2018 to 8 in 2022. Vandalism also showed variability, peaking at 17 cases in 2021 before reducing to 5 in 2022. This nuanced crime data could be crucial for potential investors, real estate professionals, and... Read more
Property Crime Trends in Brown County, MN Over the Last 5 Years
In Brown County, Minnesota, property crime trends over the past five years indicate notable fluctuations. Burglary incidents hit a spike in 2021 with 21 arrests but plummeted to just 4 in 2022. Larceny-theft, consistently the highest in numbers, showed a significant drop from 35 cases in 2018 to merely 8 in 2022. Motor vehicle theft maintained relatively low and stable, with occasional minor changes. Vandalism arrests also saw some variability, peaking at 17 cases in 2021 before reducing to 5 by 2022. These trends suggest that while some property crime categories fluctuate, others may remain low but consistent. This context could be crucial for prospective investors, real estate professionals, and new residents assessing safety and risk.
Demographics
Brown County, Minnesota's 2022 adult population shows a near even split with slightly more females than males. Educational attainment reveals that a significant portion has at least a high school diploma, but a smaller segment holds a graduate or professional degree. The age distribution suggests a balanced demographic mix, with notable populations across all age brackets, especially those 55 to 64 years old. Racial composition is predominantly white with minimal representation from other... Read more
Race Distribution in Brown County, Minnesota (2022)
Educational Attainment in Brown County, Minnesota (2022)
Age Distribution in Brown County, Minnesota
Citizen Population in Brown County, Minnesota (2022)
Political Trends & Data
Brown County, Minnesota, tended to strongly favor the Republican party in the 2020 U.S. Presidential Election, with about 65% of the vote. Democrats received roughly 32%, highlighting a significant but secondary share. Minor parties had minimal influence, which might signal entrenched GOP preferences or local issues driving voter... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Brown County, Minnesota, the 2020 U.S. Presidential Election data suggests a strong leaning towards the Republican party, with approximately 65% of the vote. Democrats garnered around 32%, which is a considerable but significantly smaller share. Minor parties like the Libertarians and Greens barely registered, indicating a lesser impact on the overall political landscape. This predominantly GOP preference could hint at longtime, established partisan tendencies or reflect specific local issues influencing voter priorities.
65.27% of voters voted for the Republican party in the 2020 Presidential Election
32.48% of voters voted for the Democrat party in the 2020 Presidential Election
0.93% of voters voted for the Livertarian party in the 2020 Presidential Election
0.26% of voters voted for the Green party in the 2020 Presidential Election
1.07% of voters voted for the Other party in the 2020 Presidential Election
School Data
Brown County, Minnesota presents a mostly consistent student-to-teacher ratio around 11 for over a decade, occasionally fluctuating but always returning to this lower-than-average figure. This consistently below the national average of 14 may hint at smaller class sizes and more personalized attention, making the area potentially attractive for families. For real estate agents, smaller class sizes can serve as a compelling factor in highlighting the county's... Read more
Student-to-teacher ratio in Brown County, Minnesota over the last 10 years
Over the past decade, Brown County, Minnesota has showcased a mostly consistent student-to-teacher ratio, hovering around 11. Deviations have existed, like in 2017 when the ratio jumped to 13, but it quickly reverted back. Interestingly, this ratio remains well below the national average of 14 students per teacher, which may reflect smaller class sizes and potentially more individualized attention for students. For potential investors, real estate agents, appraisers, or families considering relocation, smaller class sizes can be indicative of a higher quality of education — a key selling point when assessing the area's value and lifestyle offerings.
