Clearwater County Real Estate and Livability Trends
Clearwater County, Minnesota, is showing intriguing economic and real estate dynamics. The average taxable income per tax return has bolstered from $53,744.59 in 2013 to $65,876.96 in 2021, which could signal economic resilience. Median home values have surged from $116,200 in 2015 to $161,800 in 2022, eclipsing national growth rates and hinting at rising property desirability. Even while... Read more
Clearwater County Market Trends
Clearwater County's median home values have risen from $116,200 in 2015 to $161,800 in 2022, outpacing national growth rates and hinting at increasing property desirability. Meanwhile, residential energy tax credits have shown varied trends, peaking at $416.67 in 2021, potentially indicating an increased but inconsistent interest in energy-efficient improvements. Real estate taxes per tax return... Read more
Median Value of Occupied Housing Units in Clearwater County, Minnesota Over the Last 8 Years
Clearwater County's median home values have consistently trailed Minnesota's state averages but have experienced steady growth, jumping from $116,200 in 2015 to $161,800 in 2022. This rate of increase outpaces the national growth, reflecting a potential catch-up period where local properties become comparatively more valuable. For homebuyers or investors, Clearwater County presents an interesting proposition: while home prices remain below both state and national averages, the upward trend suggests increasing desirability and potential appreciation.
Residential Energy Tax Credit Per Tax Return in Clearwater County, MN Over the Last 8 Years
Residential energy tax credits in Clearwater County, Minnesota have shown variable trends over the past eight years. Starting at an average of $283.33 per tax return in 2013, the credits peaked in 2021 at $416.67. The fluctuation suggests intermittent investment in residential energy efficiencies. For those investing in or evaluating property, this variability could imply that residents' focus and incentives for energy-efficient home improvements have been inconsistent but overall increasing, particularly in recent years. These trends might inform expectations for future tax credits or energy-related investments in the area.
Average Real Estate Taxes Per Tax Return in Clearwater County, MN Over the Last 10 Years
In Clearwater County, Minnesota, average real estate taxes per tax return have consistently increased over the past decade. From $1,542.50 in 2012 to $2,377.78 in 2021, this rise suggests a steady climb in property values or tax rates. This trend is notable for potential investors, homeowners, and real estate professionals, indicating a potential uptick in property wealth and perhaps the attractiveness of the area. However, higher taxes could also impact affordability and insurance costs, making it essential for stakeholders to weigh these factors when making decisions related to property in Clearwater County.
Percentage of Farm Returns in Clearwater County, MN Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Clearwater County, Minnesota, has shown a modest decline from approximately 14.17% in 2012 to around 12.35% in 2021. Farm tax returns generally indicate the proportion of tax filings coming from agricultural operations within the area. This trend might suggest shifting economic dynamics, possibly a diversification of income sources or reduced reliance on traditional farming. For those eyeing investments, moving, or developing property in Clearwater County, this data could be valuable for understanding regional economic changes and making informed decisions.
Number of Mortgages by Occupancy Type in Clearwater County, MN Over the Last 5 Years in Clearwater County
Clearwater County, Minnesota has seen notable fluctuations in mortgage counts by occupancy type over the last five years. Principal residences consistently dominate, but a discernible dip occurred in 2022, dropping from 318 in 2021 to 218. Investment properties and second residences remain relatively low but show minor variability. These shifts in occupancy types could indicate changing housing demands and market conditions, impacting everything from property investments and housing availability to insurance risks and appraisal values. Understanding these trends can help investors, builders, and real estate agents make informed decisions when engaging in the Clearwater County market.
Economic Outlook
In Clearwater County, Minnesota, average taxable income per tax return has shown a general increase from $53,744.59 in 2013 to $65,876.96 in 2021, despite some dips in 2016 and 2017. This upward trend could indicate economic resilience and potential growth, which may be of interest to investors and real estate agents. Additionally, the county has experienced significant fluctuations in state and local income taxes, peaking at $17,285.71 in 2019 and dropping to $7,655.42 in 2017, suggesting... Read more
Average Taxable Income per Tax Return in Clearwater County, MN over the last 9 years
Clearwater County, Minnesota has experienced fluctuations in average taxable income per tax return over the last nine years. Starting at $53,744.59 in 2013, the average saw moderate growth, peaking most significantly in 2021 at $65,876.96. Despite dips in 2016 and 2017 to $55,752.13 and $53,919.58 respectively, the general trend showcases an upward trajectory, suggesting a reasonable increase in income levels which might indicate economic resilience and potential growth in the area. This data could be particularly useful for real estate agents, investors, and insurance agents looking to understand the economic stability and potential for growth in Clearwater County.
Average State and Local Income Taxes Per Tax Return in Clearwater County, MN Over the Last 10 Years
Clearwater County, Minnesota has seen a varied landscape in average state and local income taxes per tax return over the past decade. The trend reveals significant fluctuations, with an increase from $6,764.44 in 2012 to peaks like $17,285.71 in 2019 and drops like the $7,655.42 in 2017. Particularly notable is the sharp rise around 2018 and 2019, suggesting either policy changes, economic factors, or demographic shifts that can impact financial planning for potential investors or residents. Such variability could signal varying economic conditions or tax policies, which may interest those looking to optimize their tax liabilities or long-term returns when considering moving to or investing in the region.
Average Total Tax Liability Per Tax Return in Clearwater County, MN Over the Last 10 Years
Over the past decade in Clearwater County, Minnesota, there's been notable fluctuation in the average total tax liability per tax return, peaking in 2014 at approximately $9,646.45 before dropping and seeing another spike in 2021 to around $9,211.01. Investors and property developers may want to consider these tax trends when assessing potential returns and financial obligations, while appraisers and insurance agents could find this information useful for risk assessment and policy pricing. Real estate professionals and residents alike can use these insights to better understand the county's economic environment and plan accordingly.
Cost of Living in Clearwater County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,212 | $1,428 | $1,802 | $1,445 | $1,369 |
1 adult 4 children | $1,212 | $1,166 | $1,404 | $1,445 | $1,591 |
2 adults 3 children | $1,212 | $1,166 | $1,551 | $1,445 | $1,140 |
1 adult 3 children | $1,212 | $952 | $1,153 | $1,445 | $1,339 |
2 adults 2 children | $853 | $955 | $1,299 | $1,256 | $911 |
1 adult 2 children | $853 | $713 | $901 | $1,256 | $956 |
2 adults 1 child | $853 | $755 | $1,048 | $641 | $810 |
1 adult 1 child | $853 | $487 | $650 | $641 | $698 |
2 adults | $648 | $606 | $796 | $0 | $630 |
1 adult | $644 | $331 | $398 | $0 | $565 |
Safety trends & Data
Over the past four years, Clearwater County, Minnesota, has experienced varied property crime trends, with burglary peaking at 4 in 2018 and fraud at 5 incidents. Despite some categories showing declines, such as motor vehicle theft and fraud by 2020, larceny-theft had minor fluctuations and burglary significantly dropped by 2021. These trends hint at a possible easing in property crimes, though occasional spikes indicate areas that might still need local... Read more
Property Crime Trends in Clearwater County, MN Over the Last 4 Years
Over the past four years, Clearwater County, Minnesota, has seen varied trends in property crimes. In 2018, burglary had a notable count of 4, while fraud topped at 5 incidents, hinting at potential areas of concern. The subsequent years saw a decrease in many categories, including a notable drop in motor vehicle theft and fraud by 2020. Larceny-theft displayed minor fluctuations, and burglary dropped significantly by 2021. Overall, these trends suggest a potential easing in property crime rates, with periodic spikes that may require attention from local authorities and property stakeholders.
Demographics
Clearwater County, Minnesota, has a nearly balanced gender distribution, with a slight male majority. The educational attainment data hints that a significant portion of the adult population has completed high school, but there's a notable drop-off in higher education achievements. Age distribution reveals a substantial elderly population, suggesting potential future challenges in healthcare and senior services. The racial makeup is predominantly White, yet there's a noticeable presence of... Read more
Race Distribution in Clearwater County, Minnesota (2022)
Educational Attainment in Clearwater County, Minnesota (2022)
Age Distribution in Clearwater County, Minnesota
Citizen Population in Clearwater County, Minnesota (2022)
Political Trends & Data
Clearwater County in Minnesota exhibited a strong tendency towards the Republican party in the 2020 U.S. Presidential Election, with Republican candidates potentially securing around 72% of the vote, while the Democratic party might have captured roughly 27%. Minor parties seemed to have negligible influence, collectively gathering perhaps only about 2% of the votes, indicating a significant Republican leaning that might reflect broader regional political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Clearwater County in Minnesota exhibited a strong tendency towards the Republican party in the 2020 U.S. Presidential Election, with Republican candidates potentially securing around 72% of the vote. In contrast, the Democratic party might have captured roughly 27% of the vote. Minor parties like the Libertarian and Green parties, along with other candidates, seemed to hold negligible influence, collectively gathering perhaps only about 2% of the votes. This distribution could suggest a significant leaning, possibly indicative of broader regional political inclinations.
71.62% of voters voted for the Republican party in the 2020 Presidential Election
26.76% of voters voted for the Democrat party in the 2020 Presidential Election
0.59% of voters voted for the Livertarian party in the 2020 Presidential Election
0.30% of voters voted for the Green party in the 2020 Presidential Election
0.72% of voters voted for the Other party in the 2020 Presidential Election
School Data
Clearwater County, Minnesota has seen its student-to-teacher ratio fluctuate around the national average of fourteen students per teacher over the last decade. It peaked at 16 students per teacher in 2021 before settling back to 14 in 2023. These fluctuations might suggest changes in demographics or resource allocation, factors that can influence property values and community appeal. Higher ratios often raise concerns about individual student attention, which is a key consideration for families... Read more
Student-to-teacher ratio in Clearwater County, Minnesota over the last 10 years
The student-to-teacher ratio in Clearwater County, Minnesota has mostly been close to or slightly above the national average of fourteen students per teacher over the last ten years. Starting at 13 students per teacher in 2014, the ratio has fluctuated with a noticeable peak in 2021 at 16 students per teacher, before declining to 14 in 2023. Slightly higher ratios can impact individual student attention and instructional quality, which might be a consideration for families evaluating local schools. For real estate agents, appraisers, and those looking to invest, these fluctuations could hint at changing demographics or educational resource allocation in the region. Lower ratios often suggest stronger educational outcomes, which could enhance property values and community appeal.