Chisago County Real Estate and Livability Trends
Chisago County, Minnesota's real estate market is showing compelling growth, with median home values soaring from $192,300 in 2015 to $299,800 in 2022, well above state and national averages. The county's climbing average taxable income, which reached $82,795.70 in 2021, suggests rising affluence that could drive up property values and demand for various financial products. Additionally,... Read more
Chisago County Market Trends
Chisago County, Minnesota has seen a significant rise in median home values, jumping from $192,300 in 2015 to $299,800 in 2022, outperforming both the state and national increases. Residential energy tax credits peaked at $4,300.00 in 2018, hinting at a possible spike in energy-efficient home improvements. Real estate taxes have climbed from about $3,069.07 in 2012 to around $4,669.76 in 2021,... Read more
Median Value of Occupied Housing Units in Chisago County, Minnesota Over the Last 8 Years
Median home values in Chisago County, Minnesota have experienced a substantial upward trend over the last 8 years, soaring from $192,300 in 2015 to $299,800 in 2022. This outpaces the broader state of Minnesota, where median home values rose from $186,200 to $286,800 over the same period, as well as the national increase from $125,500 to $179,400. The relatively stronger growth in Chisago County might suggest a more robust real estate market, potentially driven by local economic factors or increased demand in this area. These trends could be of particular interest to investors and prospective homeowners looking to capitalize on this growth.
Residential Energy Tax Credit Per Tax Return in Chisago County, MN Over the Last 9 Years
Over the last nine years, Chisago County, Minnesota saw significant fluctuations in the average residential energy tax credit per tax return, peaking dramatically in 2018 at $4,300.00. This could indicate increased investments in energy-efficient home improvements or changes in tax incentives around that period. More recent years also show elevated credits, with 2020 recording an average of $1,263.46, which suggests a continuing trend toward energy-efficient upgrades or possibly increased awareness and utilization of available tax credits. These trends might be appealing to potential property investors, real estate agents, and residents looking to take advantage of tax benefits related to green energy improvements.
Average Real Estate Taxes Per Tax Return in Chisago County, MN Over the Last 10 Years
Real estate taxes per tax return in Chisago County, Minnesota, have generally trended upward over the past decade. Starting at roughly $3,069.07 in 2012, there have been fluctuations, but the average rose significantly to about $4,669.76 by 2021. This steady increase could indicate growing property values or heightened tax rates, relevant for those planning real estate investments or home purchases, as well as for appraisers and insurance agents assessing property risks and valuations. For residents and potential movers, it's a reminder to factor in rising taxes when budgeting.
Percentage of Farm Returns in Chisago County, MN Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Chisago County, Minnesota, has seen a gradual decline from approximately 2.91% in 2012 to around 2.15% in 2021. Farm tax returns generally indicate economic activity related to agriculture and can reflect the financial health and activity level of farms within a region. This downward trend may suggest a shifting economic landscape or potential consolidation within the agricultural sector of the county. Investors and property developers might interpret these trends as signals of evolving land use and potential opportunities for diversification.
Number of Mortgages by Occupancy Type in Chisago County, MN Over the Last 5 Years in Chisago County
Over the past five years in Chisago County, Minnesota, mortgages for principal residences have consistently dominated the market, reflecting a strong preference for owner-occupied homes. However, there's been an interesting fluctuation in investment property and second residence mortgages, both of which have experienced slight but persistent variations. While the primary residence market shows a potential cooling with a decrease from 6146 in 2020 to 3071 in 2022, investment and second residence properties remained relatively stable, indicating niche opportunities. These shifts in occupancy types can be crucial for investors, appraisers, and real estate agents as they suggest changing dynamics in property demands, potentially signaling lucrative ventures or adjusting risk profiles.
Economic Outlook
Chisago County, Minnesota has seen an upward trend in average taxable income per tax return, climbing from $60,690.58 in 2013 to $82,795.70 by 2021. This trend signals potential growth for investors, home buyers, and real estate agents, as rising incomes could correlate with higher property valuations and increased demand for insurance products. Local income taxes also trended higher, starting at $5,453.76 in 2012 and reaching $9,590.69 by 2021, suggesting economic improvements and changing... Read more
Average Taxable Income per Tax Return in Chisago County, MN over the last 9 years
Chisago County, Minnesota has seen a consistent increase in average taxable income per tax return over the past nine years. From $60,690.58 in 2013, the figure has risen to $82,795.70 by 2021. This upward trend suggests a growing prosperity in the region, which could be attractive to investors, home buyers, and real estate agents. For those in appraisal and insurance, the rising incomes might indicate a higher valuation for properties and an increased demand for insurance products. Builders and developers might also find the steady economic improvement a positive sign for new projects.
Average State and Local Income Taxes Per Tax Return in Chisago County, MN Over the Last 10 Years
Over the last decade, Chisago County, Minnesota has seen a fluctuating yet generally upward trend in average state and local income taxes per tax return. Starting at $5,453.76 in 2012, the figure steadily increased, peaking sharply at $10,165.14 in 2018. Although it dipped to $8,432.77 in 2019, it resumed growth reaching $9,590.69 by 2021. Investors, potential residents, and property developers may find these escalating tax trends indicative of changing economic conditions and fiscal policies in the area.
Average Total Tax Liability Per Tax Return in Chisago County, MN Over the Last 10 Years
In Chisago County, Minnesota, the average total tax liability per tax return has shown a notable upward trend over the past decade. Starting at $8,176.68 in 2012, it steadily increased, and by 2021, it reached an average of $12,296.17. This rising tax liability suggests an increasing economic footprint, potentially signaling growing property values and economic activity in the area. For potential investors and real estate professionals, this trend could imply lucrative opportunities but also higher costs of entry. Meanwhile, appraisers and insurance agents might find it beneficial to consider these trends when evaluating property values and insurance premiums.
Cost of Living in Chisago County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,529 | $1,854 | $1,740 | $1,992 | $1,996 |
| 1 adult 4 children | $1,529 | $1,514 | $1,363 | $1,992 | $2,183 |
| 2 adults 3 children | $1,529 | $1,515 | $1,493 | $1,992 | $1,703 |
| 1 adult 3 children | $1,529 | $1,236 | $1,116 | $1,992 | $1,924 |
| 2 adults 2 children | $1,125 | $1,240 | $1,247 | $1,753 | $1,318 |
| 1 adult 2 children | $1,125 | $926 | $870 | $1,753 | $1,422 |
| 2 adults 1 child | $1,125 | $980 | $1,000 | $974 | $1,065 |
| 1 adult 1 child | $1,125 | $633 | $623 | $974 | $1,024 |
| 2 adults | $917 | $787 | $754 | $0 | $787 |
| 1 adult | $803 | $429 | $377 | $0 | $656 |
Safety trends & Data
Chisago County, Minnesota's recent property crime trends offer some intriguing insights. Larceny-theft incidents fell dramatically from their 2019 peak of 95 cases to just 38 in 2022. Meanwhile, fraud spiked in 2021 with 23 incidents before plummeting to only 6 in 2022. Vandalism was notably higher in 2019 with 24 cases, compared to a maximum of 8 in other years. Motor vehicle thefts saw a similar pattern, hitting 11 cases in 2021 but dropping to just 3 by 2022. These fluctuating crime rates... Read more
Property Crime Trends in Chisago County, MN Over the Last 5 Years
Chisago County, Minnesota has seen varied trends in property crimes over the last five years. While larceny-theft incidents peaked in 2019 with 95 reported cases, there has been a notable decrease by 2022, dipping to 38. Conversely, fraud cases saw an uptick in 2021 with 23 incidents, but decreased significantly to just 6 cases in 2022. Vandalism surged in 2019, with 24 incidents reported compared to 8 or fewer in other years. Motor vehicle thefts have fluctuated, peaking at 11 cases in 2021 but dropping to 3 by 2022. These trends suggest shifting patterns in property crimes, which could interest real estate agents, investors, and insurance agents assessing the area's risk factors.
Demographics
Chisago County, Minnesota, shows a nearly balanced gender distribution with slightly more males than females. Educational attainment reveals a majority having at least a high school diploma, with a significant number holding associate or bachelor’s degrees, but the county might benefit from addressing the small percentage without basic education. The age distribution skews towards older adults, particularly those between 55 to 64 years, hinting at potential future needs in healthcare and... Read more
Race Distribution in Chisago County, Minnesota (2022)
Educational Attainment in Chisago County, Minnesota (2022)
Age Distribution in Chisago County, Minnesota
Citizen Population in Chisago County, Minnesota (2022)
Political Trends & Data
In Chisago County, Minnesota, the 2020 U.S. Presidential Election saw a clear Republican lean, with an estimated 63% of the vote. Democrats seemed to capture around 34%, showing substantial but relatively lower support. Minor parties collectively appeared to account for a minimal portion of the votes, suggesting limited alternative party influence. These patterns could shed light on the local political climate and voter tendencies during that... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Chisago County, Minnesota, voting patterns from the 2020 U.S. Presidential Election reflect a notable lean towards the Republican party, which potentially garnered around 63% of the vote. Democrats appeared to secure about 34%, suggesting a significant, but lesser, level of support. Minor parties such as Libertarians, Green, and other candidates collectively represented a small fraction of the electorate, possibly indicating limited alternative party influence in this region. These trends might offer insights into the county's political landscape and voter priorities during that election cycle.
63.40% of voters voted for the Republican party in the 2020 Presidential Election
34.15% of voters voted for the Democrat party in the 2020 Presidential Election
1.34% of voters voted for the Livertarian party in the 2020 Presidential Election
0.32% of voters voted for the Green party in the 2020 Presidential Election
0.79% of voters voted for the Other party in the 2020 Presidential Election
School Data
Chisago County, Minnesota's student-to-teacher ratios have fluctuated between 15 and 23 over the past decade, with the latest figure showing 23 students per teacher in 2021. Given that the national average is around 14, this higher ratio could signal either challenges or unique opportunities in the local educational infrastructure. This information may be particularly relevant for families considering relocation, real estate agents, and investors, helping them gauge the community’s... Read more
Student-to-teacher ratio in Chisago County, Minnesota over the last 10 years
Chisago County, Minnesota has experienced fluctuation in its student-to-teacher ratios over the last decade, ranging from a low of 15 students per teacher in 2015 to a high of 23 in 2021. These variances can influence decisions for potential investors, families considering relocation, and even real estate agents looking to highlight educational strengths or weaknesses of the area. For appraisers and insurance agents, understanding these trends may help in assessing community resources and educational quality. While the national average hovers around 14 students per teacher, Chisago County has mostly been above this, reflecting potential challenges or opportunities in its educational infrastructure.
