Cass County Real Estate and Livability Trends
Cass County, Minnesota has shown an upward trend in average taxable income per tax return, from $46,410.68 in 2013 to $77,676.36 in 2021, hinting at economic stability and potential local property value appreciation. The median home value climbed to $241,000, staying below the state median but surpassing national trends, making it a potentially strong investment area. There was a noticeable spike... Read more
Cass County Market Trends
In Cass County, Minnesota, the median home value climbed to $241,000, showing steady growth but remaining below the state median of $286,800. Yet, it surpasses national trends, presenting a compelling investment or residential option. Notably, the residential energy tax credit sharply spiked to $1,800 in 2018 compared to typical amounts, hinting at fluctuating investments in energy efficiency.... Read more
Median Value of Occupied Housing Units in Cass County, Minnesota Over the Last 8 Years
For those looking to invest in Cass County, Minnesota, the median home value has shown a consistent upward trend over the past eight years, reaching $241,000. This growth, while notable, has been somewhat tempered compared to the state-wide increase in Minnesota, where the median value jumped to $286,800 in 2022. Cass County's increase outpaces the national trends, which peaked at $179,400 last year. This suggests that while Cass County remains more affordable than the state average, it's experiencing a more robust appreciation in property values than seen nationally, making it an intriguing potential investment opportunity or residential choice amidst broader real estate trends.
Residential Energy Tax Credit Per Tax Return in Cass County, MN Over the Last 9 Years
The residential energy tax credit per tax return in Cass County, Minnesota has exhibited considerable fluctuations over the past nine years. Notably, 2018 saw a substantial spike to $1800.00, contrasting sharply with other years, which mostly hovered around the $488.89 to $614.29 range. The latest data from 2021 suggests a moderate rise to $777.27. For investors, appraisers, and real estate agents, such volatility in energy tax credits may signal shifting investments in energy efficiency within the county, potentially impacting property values and insurance considerations.
Average Real Estate Taxes Per Tax Return in Cass County, MN Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Cass County, Minnesota have experienced a notable increase, gradually rising from approximately $2,613.35 in 2012 to around $4,539.78 in 2021. This upward trend, especially the significant jump observed between 2017 and 2020, could indicate increasing property values or changes in tax policies. Investors and homeowners might want to consider these tax implications carefully, as they could affect overall investment returns and living costs. For real estate agents and appraisers, understanding this tax progression can be crucial for setting accurate property valuations and advising clients.
Percentage of Farm Returns in Cass County, MN Over the Last 10 Years
Farm tax returns in Cass County, Minnesota, have shown a slight but fairly consistent decline over the last decade. Starting at around 3.88% in 2012, the percentage fell to approximately 3.16% by 2021. This trend could suggest a decrease in farming activity or profitability, possibly affecting local agricultural investments and property values. For those contemplating investing or moving to Cass County, it's worth considering how this gradual decline in farm tax submissions might reflect broader economic shifts, potentially influencing job opportunities and local support services.
Number of Mortgages by Occupancy Type in Cass County, MN Over the Last 5 Years in Cass County
Mortgage activity in Cass County, Minnesota over the past five years shows some interesting trends. Principal residences consistently lead in mortgage counts, peaking at 1,857 in 2021 but experiencing a drop to 1,025 in 2022. Second residences also saw fluctuations, with a high of 1,002 mortgages in 2020, tapering off to 357 in 2022. Investment properties have remained relatively stable but low, with minor yearly variations. Such shifts in occupancy types can heavily impact market demand, pricing, and development. For potential investors or those planning new builds, the decline in principal residence mortgages might signal a cooling in demand, whereas the variability in second residences could indicate opportunities in more seasonal or recreational markets. For appraisers and insurance agents, these trends necessitate an adjustment in property valuations and risk assessments, respectively. For real estate professionals and those living in the county, staying attuned to these changes can offer strategic insights into shifting demographics and buyer preferences.
Economic Outlook
In Cass County, Minnesota, there's been a notable rise in average taxable income per tax return, jumping from $46,410.68 in 2013 to $77,676.36 in 2021. This upward trend suggests economic stability and potential for property value appreciation, making it an attractive spot for investors and homebuyers. Additionally, state and local income taxes per tax return have escalated, especially since 2018, reaching $17,529.35 by 2021. Understanding these tax shifts is essential for assessing the... Read more
Average Taxable Income per Tax Return in Cass County, MN over the last 9 years
Cass County, Minnesota has experienced a steady increase in average taxable income per tax return over the past nine years. From 2013's $46,410.68 to 2021's $77,676.36, the growth suggests economic resilience and potential upward mobility for residents. This trend could draw interest from investors, real estate agents, and those considering moving to the area as it implies economic stability and potential for property value appreciation. Adjusting for economic factors, the significant rise in taxable income might also affect insurance rates and property appraisals.
Average State and Local Income Taxes Per Tax Return in Cass County, MN Over the Last 10 Years
Over the past decade, Cass County, Minnesota has seen a steady increase in state and local income taxes per tax return, spiking significantly in recent years. From a modest $6,061.63 in 2012, taxes rose gradually until a notable jump occurred in 2018 with $12,435.64, continuing to escalate to $17,529.35 by 2021. This upward trend may suggest economic growth or shifts in tax policies, impacting the financial landscape for residents and potential investors alike. Clear understanding of these changes can be crucial for anyone considering investments, relocation, or property development in the area.
Average Total Tax Liability Per Tax Return in Cass County, MN Over the Last 10 Years
Over the past decade in Cass County, Minnesota, average total tax liability per tax return has displayed a steadily increasing trend, peaking dramatically in 2021 at $12,773.26. Such a rise suggests rising incomes or property values, significant considerations for potential investors, property builders, real estate agents, and insurance agents. While the dip in 2013 to $7,175.87 indicated short-lived relief, the overall trajectory emphasizes the county's evolving fiscal landscape, likely reflecting broader economic conditions.
Cost of Living in Cass County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,132 | $1,516 | $1,837 | $1,445 | $1,377 |
| 1 adult 4 children | $1,132 | $1,238 | $1,432 | $1,445 | $1,583 |
| 2 adults 3 children | $1,132 | $1,239 | $1,581 | $1,445 | $1,136 |
| 1 adult 3 children | $1,132 | $1,011 | $1,175 | $1,445 | $1,319 |
| 2 adults 2 children | $875 | $1,014 | $1,324 | $1,256 | $941 |
| 1 adult 2 children | $875 | $757 | $919 | $1,256 | $982 |
| 2 adults 1 child | $875 | $801 | $1,067 | $641 | $831 |
| 1 adult 1 child | $875 | $518 | $662 | $641 | $708 |
| 2 adults | $775 | $644 | $811 | $0 | $678 |
| 1 adult | $585 | $351 | $405 | $0 | $538 |
Safety trends & Data
Cass County, Minnesota has experienced significant fluctuations in property crimes over the past five years. Larceny-theft, which peaked at 62.00 cases in 2019, plummeted to just 6.00 cases by 2022. Burglary incidents also decreased, from a high of 20.00 in 2020 to 6.00 in 2022. Vandalism showed peaks of 26.00 cases in 2018 and 23.00 in 2020, indicating some variability. Motor vehicle theft saw a dramatic drop from 18.00 cases in 2018 to just 1.00 case in 2022. These trends might reflect... Read more
Property Crime Trends in Cass County, MN Over the Last 5 Years
Cass County, Minnesota has witnessed fluctuating property crime trends over the past five years. Larceny-theft consistently stands out with a peak of 62.00 cases in 2019 and a notable drop to just 6.00 cases in 2022. Burglary incidents showed varying numbers, peaking at 20.00 in 2020 and then decreasing to 6.00 by 2022. Vandalism cases peaked twice, once in 2018 with 26.00 cases and again in 2020 with 23.00. Motor vehicle theft fell significantly from 18.00 cases in 2018 to just 1.00 in 2022. These shifting trends could indicate changing priorities in law enforcement, economic factors, or community initiatives addressing specific types of property crime.
Demographics
The adult population in Cass County, Minnesota, appears evenly split between males and females, which may hint at balanced labor force participation. High school graduates and those with some college experience form the bulk of the educational attainment, suggesting a reasonably educated workforce with some room for higher education opportunities. The age distribution indicates a sizable segment within the 55 to 74 age bracket, which could affect future community services and healthcare needs.... Read more
Race Distribution in Cass County, Minnesota (2022)
Educational Attainment in Cass County, Minnesota (2022)
Age Distribution in Cass County, Minnesota
Citizen Population in Cass County, Minnesota (2022)
Political Trends & Data
Cass County, Minnesota, might display a notable Republican lean, with about 63.5% of votes for the Republican presidential candidate compared to around 34.7% for the Democratic counterpart. Libertarian and Green parties gain minimal traction, each securing less than 1%. This voting pattern could be indicative of rural preferences, where Republican support tends to be more... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Cass County, Minnesota, maybe showing a clear preference towards the Republican party with around 63.5% of the vote, compared to the Democrats' approximate 34.7%. Libertarian and Green party votes appear relatively negligible, with each garnering less than 1% of the total. The county's political landscape is likely reflective of broader rural voting trends in which Republican candidates may often have stronger support.
63.54% of voters voted for the Republican party in the 2020 Presidential Election
34.68% of voters voted for the Democrat party in the 2020 Presidential Election
0.61% 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
0.85% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the last decade, Cass County, Minnesota has seen fluctuating student-to-teacher ratios, peaking at 18 in 2019 but generally around 11. Given the US national average is 14, Cass County's lower ratio suggests greater individual attention in classrooms, potentially attracting families seeking quality education. For appraisers and real estate agents, this could hint at stronger property values tied to respected schools, while investors and developers might view these stable ratios as a sign of... Read more
Student-to-teacher ratio in Cass County, Minnesota over the last 10 years
Over the last decade, Cass County, Minnesota has observed fluctuating student-to-teacher ratios, peaking dramatically at 18 in 2019 but generally hovering around 11. With the US national average at 14 students per teacher, this lower ratio in Cass County could signal a greater individual attention in classrooms, potentially making it an attractive area for families seeking quality education. For appraisers and real estate agents, such data might suggest stronger property values tied to desirable educational institutions. Investors and property developers might find these consistent ratios appealing for future growth predictions, as high-quality education often correlates with stable, long-term community investment. Insurance agents might also consider this when assessing community risk and perks.
