Crow Wing County Real Estate and Livability Trends
Crow Wing County, Minnesota, has seen a rise in median home values from $178,400 in 2015 to $245,200 in 2022, suggesting a robust real estate market. Property taxes have also surged, climbing from $2,617.25 in 2012 to $4,729.95 in 2021, reflecting rising values and likely investments in local infrastructure. Changes in student-to-teacher ratios, peaking at 20 in 2017 and stabilizing around 13 in... Read more
Crow Wing County Market Trends
In Crow Wing County, Minnesota, median home values have surged from $178,400 in 2015 to $245,200 in 2022, outpacing statewide and national trends. The significant fluctuations in the average residential energy tax credit, peaking at $1,750.00 in 2018, indicate evolving incentives and measures in energy efficiency. Average real estate taxes have also dramatically increased, from $2,617.25 in 2012... Read more
Median Value of Occupied Housing Units in Crow Wing County, Minnesota Over the Last 8 Years
In Crow Wing County, Minnesota, median home values have shown consistent growth, rising from $178,400 in 2015 to $245,200 in 2022. This change outpaces both state and national trends, where Minnesota saw an increase from $186,200 to $286,800, and the national median rose from $125,500 to $179,400 over the same period. For investors, the relative affordability in Crow Wing County compared to statewide values might present an attractive opportunity, particularly given the strong upward trajectory in home prices.
Residential Energy Tax Credit Per Tax Return in Crow Wing County, MN Over the Last 9 Years
Crow Wing County, Minnesota has seen significant fluctuations in its average residential energy tax credit per tax return over the past nine years. The most notable surge was in 2018, with an impressive average of $1750.00, marking a significant outlier compared to other years. More recently, 2021 recorded an average of $510.64, indicating a substantial increase from earlier years but still far below the 2018 peak. These variations suggest shifting incentives and possibly changing energy efficiency measures within the county, which could be of interest to investors, homebuilders, and real estate professionals analyzing long-term trends in residential energy improvements.
Average Real Estate Taxes Per Tax Return in Crow Wing County, MN Over the Last 10 Years
Over the last decade, Crow Wing County, Minnesota has seen a notable increase in average real estate taxes per tax return, climbing from approximately $2,617.25 in 2012 to about $4,729.95 in 2021. This upward trend, particularly sharp from 2016 to 2020, may indicate rising property values and expanding local services or infrastructure. Potential homebuyers and investors could see this as a signal of a growing and potentially thriving market, while appraisers and insurance agents should consider the implications of these increasing taxes on property assessments and coverage. Real estate agents might emphasize this growth trend to attract clients looking for appreciating assets.
Percentage of Farm Returns in Crow Wing County, MN Over the Last 10 Years
Crow Wing County, Minnesota has seen a slow but noticeable decline in the percentage of farm tax returns over the past decade. Starting at approximately 1.96% in 2012, the percentage has gradually decreased to about 1.45% in 2021. Farm tax returns are important because they provide insight into the agricultural activity and economic health of the farming sector in the county. These returns can influence property investments and inform decisions on whether the area has potential for agricultural development or if diversification of land use may be more beneficial. Understanding this trend can be crucial for investors, builders, and residents who are evaluating the long-term viability and growth potential of the region.
Number of Mortgages by Occupancy Type in Crow Wing County, MN Over the Last 5 Years in Crow Wing County
The number of mortgages in Crow Wing County, Minnesota shows significant fluctuations over the past five years, particularly in the categories of principal residences and second residences. A dramatic spike in principal residence mortgages during 2020 suggests a potential shift influenced by the pandemic, with more people possibly relocating or refinancing. Conversely, investment property mortgages have seen relatively minor variation, indicating a more stable market segment. For investors, recognizing these trends might signal varying demand levels for different housing types, influencing pricing strategies and development plans. Real estate agents and appraisers may need to consider these changes when gauging property values and advising clients, while insurance agents might adjust coverage policies based on changing ownership patterns. Understanding these fluctuations can be critical for making informed decisions about where to allocate resources and how to approach the market.
Economic Outlook
Crow Wing County, Minnesota has seen a substantial rise in average taxable income from $50,940.87 in 2013 to $77,095.66 in 2021, suggesting growing economic stability and a potential market for higher-end properties. State and local income taxes have also climbed significantly, from $5,887.70 in 2012 to $15,133.84 in 2021, indicating either rising incomes or tax policy changes. The average total tax liability per tax return increased steadily, reaching $12,135.53 by 2021. However, poverty rates... Read more
Average Taxable Income per Tax Return in Crow Wing County, MN over the last 9 years
Over the past nine years, Crow Wing County, Minnesota has shown a steady increase in average taxable income per tax return, rising from approximately $50,940.87 in 2013 to around $77,095.66 in 2021. This upward trend suggests a growing economic stability and possibly an increase in high-paying job opportunities within the county. For real estate agents, this could translate to an increased market for higher-end properties. Investors might see this as a sign of a robust economy with potentially lucrative opportunities. Appraisers and insurance agents could also benefit from this trend by noting the upward valuation and risks associated with higher income levels.
Average State and Local Income Taxes Per Tax Return in Crow Wing County, MN Over the Last 10 Years
Over the last decade, Crow Wing County, Minnesota, has seen significant growth in average state and local income taxes per tax return, escalating from approximately $5,887.70 in 2012 to around $15,133.84 in 2021. This noticeable upward trend, particularly from 2018 onward, suggests potential rising incomes or changes in tax policies affecting residents. Investors and those looking to move or build property in the county might consider the accompanying economic vitality and changing fiscal responsibilities.
Average Total Tax Liability Per Tax Return in Crow Wing County, MN Over the Last 10 Years
Over the last decade in Crow Wing County, Minnesota, the average total tax liability per tax return has shown a consistent upward trend. Starting at $7,379.87 in 2012, it has climbed to $12,135.53 by 2021. Notable jumps occurred between 2015 and 2016, and again from 2019 to 2020 and then to 2021, with the latter increase possibly influenced by broader economic factors or changes in tax policy. This upward trajectory might influence living costs, investment decisions, and property valuations in the area, making it crucial for potential movers, investors, real estate agents, and insurance professionals to consider this financial shift.
Cost of Living in Crow Wing County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,280 | $1,584 | $1,837 | $1,445 | $1,424 |
| 1 adult 4 children | $1,280 | $1,294 | $1,432 | $1,445 | $1,628 |
| 2 adults 3 children | $1,280 | $1,294 | $1,581 | $1,445 | $1,179 |
| 1 adult 3 children | $1,280 | $1,057 | $1,175 | $1,445 | $1,364 |
| 2 adults 2 children | $994 | $1,060 | $1,324 | $1,256 | $962 |
| 1 adult 2 children | $994 | $791 | $919 | $1,256 | $1,011 |
| 2 adults 1 child | $994 | $837 | $1,067 | $641 | $853 |
| 1 adult 1 child | $994 | $541 | $662 | $641 | $732 |
| 2 adults | $755 | $673 | $811 | $0 | $655 |
| 1 adult | $665 | $367 | $405 | $0 | $546 |
Safety trends & Data
Crow Wing County, Minnesota, has seen varying trends in property crime over the past five years, with larceny-theft reaching a high of 276 incidents in 2020 but dropping to 151 by 2022. Fraud incidents notably jumped to 26 in 2021 from just 8 in 2019. Additionally, vandalism declined steadily from 42 incidents in 2019 to 20 in 2022. These shifts could be critical for potential investors, real estate agents, and insurance agents assessing the county’s security... Read more
Property Crime Trends in Crow Wing County, MN Over the Last 5 Years
Crow Wing County, Minnesota, has witnessed notable fluctuations in property crime over the last five years, with larceny-theft consistently topping the charts. In 2020, larceny-theft peaked at 276 reported incidents, but by 2022, it had decreased to 151. Meanwhile, fraud incidents surged to 26 in 2021, contrasting with a low of 8 in 2019. Vandalism showed a general decline from its high of 42 in 2019 to 20 in 2022. These variations offer valuable insights for potential investors, real estate agents, and insurance agents considering the security landscape of the county.
Demographics
Crow Wing County, Minnesota, shows a near balance in its adult male and female populations, which could suggest stable gender representation within the community. Educational attainment reveals a significant portion of residents have a high school diploma or some college education, highlighting a potential workforce ready for vocational or collegiate opportunities but indicating lower rates of advanced degrees. The age distribution skewing heavily towards those over 55 could imply a need for... Read more
Race Distribution in Crow Wing County, Minnesota (2022)
Educational Attainment in Crow Wing County, Minnesota (2022)
Age Distribution in Crow Wing County, Minnesota
Citizen Population in Crow Wing County, Minnesota (2022)
Political Trends & Data
Crow Wing County, Minnesota, tends to lean Republican, with around 64% voting for the GOP in the 2020 election. Democrats pulled in roughly 34%, while minor parties barely registered. This rightward inclination could hint at wider political dynamics in the region, possibly impacting local policy outcomes and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Crow Wing County, Minnesota, saw a notable leaning towards the Republican party in the 2020 U.S. Presidential Election, with around 64% of the votes. Democrats garnered roughly 34%, indicating a substantial, but significantly smaller, portion of the electorate. Minor parties like the Libertarian and Green parties received less than 1% each, suggesting limited influence in this county's political landscape. This distribution could potentially reflect broader state or regional trends within Minnesota.
63.91% of voters voted for the Republican party in the 2020 Presidential Election
34.17% of voters voted for the Democrat party in the 2020 Presidential Election
0.89% of voters voted for the Livertarian party in the 2020 Presidential Election
0.23% of voters voted for the Green party in the 2020 Presidential Election
0.80% of voters voted for the Other party in the 2020 Presidential Election
School Data
Crow Wing County, Minnesota, has experienced dramatic shifts in its student-to-teacher ratio, peaking at 20 students per teacher in 2017 before stabilizing around 13 in 2023. These trends suggest potential implications for the local real estate market, as lower ratios are often viewed as indicative of better-quality education, potentially drawing more families to the area and boosting home values. For those in real estate or education, such trends are essential to monitor, as they could... Read more
Student-to-teacher ratio in Crow Wing County, Minnesota over the last 10 years
Crow Wing County, Minnesota, has seen significant fluctuations in its student-to-teacher ratio over the past decade, with peaks in 2017 at 20 and 2022 at 17 students per teacher, before dropping back to around 13 in 2023. These dynamics could impact local real estate markets, as lower ratios are typically seen as a sign of higher-quality education, potentially making the area more attractive to families and boosting home values. For investors, appraisers, and real estate agents, understanding these trends is crucial as they could signal changing demands in the housing market. With the county's ratio often higher than the national average of 14, those in the education sector or considering a move might weigh these figures when making decisions.
