Dodge County Real Estate and Livability Trends
Dodge County, Minnesota's average taxable income per tax return jumped from around $59,887.85 in 2013 to $80,324.21 in 2021, hinting at a potentially robust local economy appealing to investors and homebuyers. Median home values surged from $158,700 in 2015 to $245,800 in 2022, but despite rising property taxes and tax liabilities, the area remains more affordable compared to statewide figures.... Read more
Dodge County Market Trends
The median home values in Dodge County, Minnesota have surged over the last eight years, climbing from $158,700 in 2015 to $245,800 in 2022. Compared to statewide figures, Dodge County still offers more affordable options, which could attract investors and new residents. The average residential energy tax credit per tax return has also fluctuated significantly, indicating varying levels of... Read more
Median Value of Occupied Housing Units in Dodge County, Minnesota Over the Last 8 Years
The median home values in Dodge County, Minnesota have surged over the last eight years, climbing from $158,700 in 2015 to $245,800 in 2022. This increase significantly outpaces the national median home value growth, which rose from $125,500 to $179,400 over the same period. However, compared to the statewide figures, Dodge County's values remain lower than Minnesota's median, which peaked at $286,800 in 2022. This data suggests that while Dodge County homes are appreciating swiftly, they still offer more affordable options relative to the state overall, which could make the area particularly appealing for investors and new residents seeking growth potential at a lower entry cost.
Residential Energy Tax Credit Per Tax Return in Dodge County, MN Over the Last 8 Years
Dodge County, Minnesota has seen a significant fluctuation in the average residential energy tax credit per tax return over the past eight years. Peaks were observed in 2017 and 2021, reaching $684.62 and $850.00 respectively, suggesting possible incentive programs or increased adoption of energy-efficient improvements during those years. However, years like 2014 and 2015 saw much lower averages, hovering around $400.00. Understanding these trends can be crucial for potential investors, homeowners, and real estate professionals looking to gauge the financial benefits of energy-efficient upgrades in the region.
Average Real Estate Taxes Per Tax Return in Dodge County, MN Over the Last 10 Years
Dodge County, Minnesota has seen fluctuating average real estate taxes per tax return over the past decade, with a notable upward trend since 2015. For instance, the average tax amount has escalated from $2378.92 in 2012 to $3914.58 in 2021. This increase might signal rising property values or adjustments in tax policy, potentially impacting decisions for investors, potential homeowners, appraisers, builders, real estate agents, insurance agents, and current residents. Such trends emphasize the importance of understanding local tax dynamics when evaluating real estate opportunities in the area.
Percentage of Farm Returns in Dodge County, MN Over the Last 10 Years
Over the last decade, Dodge County, Minnesota has seen a declining trend in the percentage of farm tax returns, dropping from around 6.95% in 2012 to approximately 5.15% in 2021. Farm tax returns indicate the proportion of tax filings coming from agricultural activities, which may suggest shifts in the local economy and land use. Investors or those looking to move to the area might see this as indicative of a broader economic diversification or changes in the agricultural sector's viability. This could affect property values or indicate opportunities in emerging sectors.
Number of Mortgages by Occupancy Type in Dodge County, MN Over the Last 5 Years in Dodge County
Over the past five years in Dodge County, Minnesota, there has been a noticeable fluctuation in mortgage types. The primary residence mortgages have surged and dipped, with a peak in 2020 at 1,885 loans before dropping sharply to 869 in 2022. Investment property mortgages have seen a gradual increase overall but remain significantly lower, maxing out at 39 in 2022. Second residence mortgages show minimal activity, consistently under five each year. These variations can influence local property markets, as higher mortgage counts for principal residences generally indicate strong residential demand, which could appeal to real estate investors and builders. In contrast, the limited increase in investment property mortgages might suggest a more stable rental market, reducing risk for insurance agents and appealing to those looking to invest in rental properties. Changing patterns in occupancy types are critical for appraisers and agents to assess property values and market viability accurately.
Economic Outlook
Dodge County, Minnesota has seen a notable increase in the average taxable income per tax return, from around $59,887.85 in 2013 to $80,324.21 in 2021, indicating a potentially strengthening local economy that might attract investors and homebuyers. Additionally, the average state and local income taxes per tax return have also risen significantly, from $5,681.08 in 2012 to $14,681.13 in 2021, suggesting that new residents and investors should anticipate higher tax obligations. The consistent... Read more
Average Taxable Income per Tax Return in Dodge County, MN over the last 9 years
Over the past nine years, Dodge County, Minnesota has experienced a notable upward trend in the average taxable income per tax return. Starting at approximately $59,887.85 in 2013, the figure hovered around $60,000 for a few years before steadily climbing to reach $80,324.21 in 2021. This growth could indicate a strengthening local economy, increasing job opportunities, or rising wages, making the area potentially appealing for investors, homebuyers, and real estate professionals. Understanding these income trends can also assist appraisers and insurance agents in assessing property values and risks more accurately.
Average State and Local Income Taxes Per Tax Return in Dodge County, MN Over the Last 10 Years
Average state and local income taxes per tax return in Dodge County, Minnesota have shown a noticeable upward trend over the past decade, rising from $5,681.08 in 2012 to $14,681.13 in 2021. This steady increase might suggest a growing economy or changes in tax policy, but it also means that residents and potential investors should be prepared for higher tax obligations. The marked rise between 2018 and 2021, in particular, should be a key consideration for those looking to move to or invest in the area.
Average Total Tax Liability Per Tax Return in Dodge County, MN Over the Last 10 Years
Over the past decade, Dodge County, Minnesota has experienced a consistent increase in average total tax liability per tax return, with just a few dips. Starting from $8,056.17 in 2012, there was a significant rise to $11,256.78 by 2021. These trends suggest growing tax obligations, which may imply increased property values and possibly higher income levels in the region, making it an area of interest for real estate investors, appraisers, and insurance agents. Potential residents and property developers should account for these rising costs when considering moving to or building in Dodge County.
Cost of Living in Dodge County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,213 | $1,689 | $2,449 | $1,902 | $1,975 |
| 1 adult 4 children | $1,213 | $1,379 | $1,924 | $1,902 | $2,132 |
| 2 adults 3 children | $1,213 | $1,380 | $2,099 | $1,902 | $1,657 |
| 1 adult 3 children | $1,213 | $1,126 | $1,574 | $1,902 | $1,827 |
| 2 adults 2 children | $853 | $1,130 | $1,749 | $1,666 | $1,276 |
| 1 adult 2 children | $853 | $844 | $1,224 | $1,666 | $1,329 |
| 2 adults 1 child | $853 | $893 | $1,400 | $897 | $1,020 |
| 1 adult 1 child | $853 | $577 | $875 | $897 | $918 |
| 2 adults | $687 | $717 | $1,050 | $0 | $759 |
| 1 adult | $590 | $391 | $525 | $0 | $617 |
Safety trends & Data
Property crime trends in Dodge County, Minnesota have fluctuated over the past five years. Peak incidents of burglary and larceny-theft occurred in 2020 with 7 and 20 cases respectively, while vandalism had notable spikes in 2019 and 2022. Stolen property cases also hit a high in 2020 with 7 instances. These statistics could be essential for investors assessing risk, real estate agents evaluating market appeal, and insurers setting... Read more
Property Crime Trends in Dodge County, MN Over the Last 5 Years
Property crime in Dodge County, Minnesota shows a varied trend over the past five years. Burglary incidents were highest in 2020 with 7 cases, while Larceny-Theft peaked the same year at 20 occurrences. Vandalism saw spikes in 2019 and 2022, aligning with periods of higher property crime in general. Interestingly, Stolen Property cases hit a high in 2020 at 7 instances, suggesting potential localized issues with stolen goods around that time. This information is key for investors assessing risk, real estate agents evaluating market appeal, and insurers setting premiums.
Demographics
Dodge County, Minnesota presents a roughly balanced gender distribution with 7,640 males and 7,515 females. The educational landscape suggests a community where the most common level of attainment is high school graduation or some college experience without a degree. Age-wise, the population skews towards middle-aged adults, specifically those between 35 to 64 years. Racially, the county is predominantly White, with other races constituting a small fraction of the population, where the 'Some... Read more
Race Distribution in Dodge County, Minnesota (2022)
Educational Attainment in Dodge County, Minnesota (2022)
Age Distribution in Dodge County, Minnesota
Citizen Population in Dodge County, Minnesota (2022)
Political Trends & Data
Dodge County, Minnesota leans heavily Republican, with roughly 64% of votes cast for the GOP in the last presidential election, versus about 33% for Democrats. Minor parties barely made a dent, capturing just around 1.7% combined. This conservative tilt could shape local policy directions and influence election strategies for both major parties going... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Dodge County, Minnesota shows a strong preference toward the Republican Party, with nearly 64% of the votes, compared to about 33% for the Democrat Party. Minor parties like the Libertarian and Green parties captured only a small fraction of the vote, with roughly 1.4% and 0.3% respectively. This might indicate a political climate in Dodge County that heavily leans conservative, potentially impacting future policy debates and election strategies for both major parties.
63.86% of voters voted for the Republican party in the 2020 Presidential Election
33.47% of voters voted for the Democrat party in the 2020 Presidential Election
1.37% 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
0.98% of voters voted for the Other party in the 2020 Presidential Election
School Data
Dodge County, Minnesota's student-to-teacher ratio has seen significant shifts over the past decade. Starting at nearly 15:1 in 2014, it peaked at 22:1 in 2021 before dropping to just over 14:1 in 2023, aligning closely with the national average. These fluctuations may reflect changes in educational quality and community dynamics, possibly impacting property values and neighborhood... Read more
Student-to-teacher ratio in Dodge County, Minnesota over the last 10 years
The student-to-teacher ratio in Dodge County, Minnesota has experienced notable fluctuations over the past ten years. Starting at nearly 15 students per teacher in 2014, the ratio climbed to almost 17 by 2018. A dramatic spike occurred in 2021 with a peak ratio of 22, before dropping significantly to just over 14 in 2023. These variations are worth considering for potential investors, real estate agents, and families thinking about moving to the area, as changes in the student-to-teacher ratio can reflect shifts in educational quality, resource allocation, and community growth. With the county's ratio recently aligning closely with the national average of 14 students per teacher, it suggests a potential return to a more balanced educational environment. This trend might influence property values, insurances, and appraisal metrics as education quality is a strong determinant of neighborhood desirability.
