Douglas County Real Estate and Livability Trends
Douglas County, Minnesota has seen a rise in average taxable income per tax return, jumping from $57,791.29 in 2013 to $83,690.91 in 2021, which might suggest stronger local employment sectors or wage increases. Median home values have surged from $188,400 in 2015 to $277,800 in 2022, outpacing national trends and reflecting a potentially lucrative market for investors. Real estate taxes nearly... Read more
Douglas County Market Trends
Median home values in Douglas County, Minnesota, have surged from $188,400 in 2015 to $277,800 in 2022, outpacing national trends and aligning closely with state increases. Meanwhile, average residential energy tax credits per tax return have jumped from $285.71 in 2013 to $530.00 by 2021, reflecting growing energy-efficient home upgrades. Real estate taxes have also seen a notable rise, doubling... Read more
Median Value of Occupied Housing Units in Douglas County, Minnesota Over the Last 8 Years
Median home values in Douglas County, Minnesota, have exhibited a similar upward trend to the state and national levels, growing from $188,400 in 2015 to $277,800 in 2022. Comparatively, the state of Minnesota saw an increase from $186,200 to $286,800 over the same period, while national median values rose from $125,500 to $179,400. The relatively higher growth rate in Douglas County could attract potential investors and buyers seeking properties that might appreciate faster than the national average. For those considering building or relocating, understanding this surge could inform decisions about future investments and real estate prospects in Douglas County.
Residential Energy Tax Credit Per Tax Return in Douglas County, MN Over the Last 8 Years
Average residential energy tax credits per tax return in Douglas County, Minnesota have shown a notable upward trend over the past eight years, with figures starting at approximately $285.71 in 2013 and increasing significantly to $530.00 by 2021. The most notable rises come after 2017, suggesting either increased adoption of energy-efficient practices or enhanced incentives during this period. This pattern may indicate growing investment opportunities in energy-efficient home upgrades, which could be of particular interest to potential homebuyers, real estate agents, and insurance agents evaluating property values and risk in the area.
Average Real Estate Taxes Per Tax Return in Douglas County, MN Over the Last 10 Years
Over the last decade, Douglas County, Minnesota has seen a consistent rise in average real estate taxes per tax return. Starting from $2,963.35 in 2012, the taxes have more than doubled, reaching $4,933.88 in 2021. The significant jumps in 2017 and 2018, where values increased to $3,386.60 and $4,166.22 respectively, suggest possible shifts in property valuations or tax policy changes. These trends might be a crucial consideration for investors, potential residents, and real estate professionals assessing the cost implications of property ownership in the county.
Percentage of Farm Returns in Douglas County, MN Over the Last 10 Years
Over the last decade, Douglas County, Minnesota has experienced a subtle decline in the percentage of farm tax returns. Starting at approximately 5.94% in 2012, the proportion has gradually decreased to around 4.84% by 2021. This trend may suggest a shift in economic activities or demographic changes within the county. For investors and potential residents, understanding this gradual decrease might hint at evolving local industries, potentially influencing future business and real estate opportunities.
Number of Mortgages by Occupancy Type in Douglas County, MN Over the Last 5 Years in Douglas County
Over the past five years in Douglas County, Minnesota, mortgage counts for principal residences have shown dominant figures compared to second residences and investment properties. A distinct peak in principal residence mortgages occurred in 2020, indicating a potential surge in demand possibly driven by macroeconomic factors. In contrast, investment property mortgages have consistently been lower, yet there was a noticeable uptick in 2021 compared to previous years. Second residences have maintained a relatively stable count but still lag far behind primary residences. Fluctuations in occupancy type can provide insights for investors about market stability, housing demand trends, and potential investment or development opportunities. Changes in these trends are also crucial for appraisers and insurance agents to consider when evaluating property values and risks, directly impacting premiums and lending practices.
Economic Outlook
Douglas County, Minnesota has seen a consistent rise in average taxable income per tax return, with a notable increase from $57,791.29 in 2013 to $83,690.91 in 2021. This could indicate stronger employment sectors or wage increases, appealing to investors and property developers. Average state and local income taxes per tax return have also risen significantly, from $7,590.96 in 2012 to $21,010.57 in 2021, suggesting an expanding tax base or rising incomes. Total tax liability has shown general... Read more
Average Taxable Income per Tax Return in Douglas County, MN over the last 9 years
Douglas County, Minnesota has seen a consistent rise in average taxable income per tax return over the last nine years. From 2013 to 2021, the average taxable income increased from $57,791.29 to $83,690.91, reflecting economic growth and possibly stronger employment sectors or wage increases in the area. Notably, there was a significant jump between 2019 and 2020, with income rising from $68,853.58 to $75,049.78, and an even larger leap in 2021. This trend can be promising for investors and property developers considering the county, as higher incomes may signal a healthy local economy and increased disposable income among residents, potentially translating into a strong market for real estate and other local industries.
Average State and Local Income Taxes Per Tax Return in Douglas County, MN Over the Last 10 Years
Douglas County, Minnesota has seen a notable increase in average state and local income taxes per tax return over the last decade. Starting from $7,590.96 in 2012, there has been a steady and significant rise, peaking at $21,010.57 in 2021. This upward trend, especially the steep jumps between 2017 and 2021, might indicate an expanding tax base or rising income levels in the area. For investors and those considering moving or building property here, these changes could suggest a flourishing local economy but also higher costs associated with living and doing business in the county.
Average Total Tax Liability Per Tax Return in Douglas County, MN Over the Last 10 Years
Douglas County, Minnesota has seen some fluctuations in average total tax liability per tax return over the past decade. From a low of around $9,203.93 in 2013, there has been a general upward trend, peaking sharply at $13,742.88 in 2021. Notably, 2020 also saw a significant increase to $12,037.35, potentially indicating economic and demographic shifts. These trends could suggest a rising tax burden and might be informative for those interested in financial planning, investment, or property development in the area.
Cost of Living in Douglas County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,163 | $1,504 | $1,738 | $1,445 | $1,311 |
| 1 adult 4 children | $1,163 | $1,228 | $1,353 | $1,445 | $1,484 |
| 2 adults 3 children | $1,163 | $1,229 | $1,496 | $1,445 | $1,057 |
| 1 adult 3 children | $1,163 | $1,003 | $1,111 | $1,445 | $1,235 |
| 2 adults 2 children | $869 | $1,006 | $1,254 | $1,256 | $871 |
| 1 adult 2 children | $869 | $751 | $869 | $1,256 | $894 |
| 2 adults 1 child | $869 | $795 | $1,012 | $641 | $773 |
| 1 adult 1 child | $869 | $513 | $627 | $641 | $671 |
| 2 adults | $710 | $639 | $770 | $0 | $631 |
| 1 adult | $581 | $348 | $385 | $0 | $502 |
Safety trends & Data
Douglas County, Minnesota has experienced varying trends in property crime over the past five years. Larceny-theft consistently remains the most common crime, peaking at 216 incidents in 2019 before dropping to 121 in 2021. Fraud incidents also show notable fluctuations, jumping from 14 in 2018 to 38 in 2019. Burglary and vandalism figures appear more stable, with minor changes overall. Motor vehicle theft numbers stay low, with a maximum of 10 incidents in 2018. Occurrences of embezzlement and... Read more
Property Crime Trends in Douglas County, MN Over the Last 5 Years
Douglas County, Minnesota has seen fluctuating trends in property crime over the past five years, with larceny-theft consistently being the most prevalent crime, peaking at 216 incidents in 2019 and dipping to 121 in 2021. Fraud also shows significant year-to-year variation, rising sharply from 14 incidents in 2018 to 38 in 2019. Meanwhile, burglary and vandalism figures exhibit modest changes, with instances of burglary decreasing overall from 18 in 2018 to 4 in 2021 before slightly increasing again. Motor vehicle theft remains relatively low throughout the period, with the highest count being 10 in 2018. Embezzlement and arson are rare, appearing only in recent years. These trends could suggest targeted areas for policy intervention, insurance adjustments, or strategic investments in crime prevention.
Demographics
Douglas County, Minnesota, has an adult population that's slightly more male than female, possibly influencing community dynamics and resource needs. The educational attainment levels indicate that many adults have at least a high school diploma, with a significant number holding some college education or higher degrees, which could impact local economic development and job market trends. The age distribution skewing towards an older demographic, especially with a substantial population aged 55... Read more
Race Distribution in Douglas County, Minnesota (2022)
Educational Attainment in Douglas County, Minnesota (2022)
Age Distribution in Douglas County, Minnesota
Citizen Population in Douglas County, Minnesota (2022)
Political Trends & Data
Douglas County, Minnesota, may demonstrate a predominantly conservative voter base as suggested by the 2020 U.S. Presidential Election results, where close to 65% leaned Republican, and about 33% backed the Democratic party. Minor parties like Libertarian and Green captured less than 3%, indicating a potential majority preference for conservative policies. This political inclination could impact real estate trends, with buyers possibly favoring areas that reflect similar values and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Douglas County, Minnesota, the 2020 U.S. Presidential Election results might suggest a strong leaning towards the Republican party, with nearly 65% of the vote. The Democratic party, capturing around 33%, seems to trail significantly. Libertarian and Green parties, along with other minor parties, collectively garnered less than 3%. This potentially highlights a predominantly conservative voter base within the county.
65.38% of voters voted for the Republican party in the 2020 Presidential Election
32.56% of voters voted for the Democrat party in the 2020 Presidential Election
0.98% 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
0.84% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Douglas County, Minnesota, the student-to-teacher ratio over the past decade has generally been slightly above the national average of 14 students per teacher, peaking around 16 in 2017 and 2018. These fluctuations might reflect changes in school funding, population trends, or hiring patterns, which could impact educational quality. For homebuyers and investors, variations in the student-to-teacher ratio might inform decisions, as lower ratios often correlate with more individualized... Read more
Student-to-teacher ratio in Douglas County, Minnesota over the last 10 years
Over the past decade, the student-to-teacher ratio in Douglas County, Minnesota has fluctuated but generally hovers slightly above the national average of 14 students per teacher. Notable peaks occurred in 2017 and 2018 with ratios of around 16, suggesting temporary increases in class sizes, while declines in 2016 and 2021 brought the ratio closer to the national average. These trends could signify shifts in school funding, population changes, or hiring patterns, impacting educational quality and classroom dynamics. For investors, homebuyers, or those in education, these fluctuations may influence decisions considering that lower student-to-teacher ratios often correlate with more individualized attention and potentially higher educational outcomes.
