Houston County Real Estate and Livability Trends
Houston County, Minnesota has seen median home values rise from $159,000 in 2015 to $216,400 in 2022, outpacing national figures and signaling strong regional desirability. Property and income taxes have significantly increased as well, perhaps suggesting rising property values and economic vitality. The county's commitment to energy efficiency and low student-to-teacher ratios further enhance... Read more
Houston County Market Trends
Median home values in Houston County, Minnesota have increased from $159,000 in 2015 to $216,400 in 2022, a significant rise that still falls short of the state average. Interestingly, Houston County's median home values have consistently outperformed national figures, hinting at its regional desirability. Meanwhile, the county has demonstrated a robust commitment to energy efficiency, with... Read more
Median Value of Occupied Housing Units in Houston County, Minnesota Over the Last 8 Years
Over the last eight years, median home values in Houston County, Minnesota have shown a steady increase from $159,000 in 2015 to $216,400 in 2022. This growth, while significant, still lags behind the state average, which rose from $186,200 to $286,800 during the same period. Compared nationally, Houston County consistently outpaced the U.S. median, which climbed from $125,500 to $179,400. This data may suggest that while Houston County is experiencing growth, it remains a more affordable option compared to the broader Minnesota housing market but less so compared to the national landscape.
Residential Energy Tax Credit Per Tax Return in Houston County, MN Over the Last 9 Years
Houston County, Minnesota has seen a notable escalation in the average residential energy tax credit per tax return over the past nine years. The 2017 peak at $1,377.78 was overshadowed by a sharp spike to $4,600.00 in 2018, likely hinting at significant investments in energy-efficient upgrades and renewable energy projects. Despite subsequent fluctuations, figures have regularly exceeded $800.00 since 2019. For potential investors, homebuyers, and industry professionals, these trends suggest a growing local commitment to energy efficiency and sustainable living. Higher tax credits imply increased residential energy improvements, possibly leading to enhanced property values and lower energy costs for homeowners.
Average Real Estate Taxes Per Tax Return in Houston County, MN Over the Last 10 Years
Houston County, Minnesota has seen an upward trend in average real estate taxes over the past decade, climbing from $2,760.96 in 2012 to $4,330.56 in 2021. The most significant jumps occurred between 2017 and 2020, reflecting a potential increase in property values or tax rates. This trend might be relevant for investors, new residents, and real estate professionals, as it suggests rising costs and possibly a strengthening housing market, albeit with the caution of increasing tax burdens. Such data could influence decisions on purchasing, appraising, insuring, or developing property in the area.
Percentage of Farm Returns in Houston County, MN Over the Last 10 Years
Over the last decade, Houston County, Minnesota has seen a subtle decline in the percentage of farm tax returns, decreasing from approximately 9.79% in 2012 to about 8.69% in 2021. Farm tax returns are essentially filings made to report income from farming activities, providing a key indicator of the agricultural health and activity within the county. For those looking to invest in property or businesses, this trend might suggest a shift in the economic focus of the area, potentially impacting decisions regarding agricultural investments, living amenities, and property values.
Number of Mortgages by Occupancy Type in Houston County, MN Over the Last 5 Years in Houston County
Houston County, Minnesota has seen a notable fluctuation in mortgage counts across different occupancy types in the last five years. Principal residences dominate the market, peaking at 1105 mortgages in 2020 before dropping to 596 by 2022. Investment property mortgages remain relatively stable around the mid-20s, whereas second residences show slight variation but hold minimal market share. These changes in occupancy types might indicate shifting residential preferences or economic conditions affecting long-term investment. For investors and real estate agents, understanding these trends can help in forecasting demand and setting strategic priorities. Appraisers and insurance agents might find these dynamics useful for evaluating property values and risk.
Economic Outlook
Houston County, Minnesota has shown steady growth in average taxable income per tax return, rising from about $53,203.93 in 2013 to $73,305.52 by 2021. This trend indicates a stronger economic foundation that could appeal to investors and potential relocators. Between 2012 and 2021, state and local income taxes also rose significantly, leaping from $6,293.52 to $15,325.71, possibly due to increased incomes or tax regulation changes. Additionally, there was a noticeable increase in total tax... Read more
Average Taxable Income per Tax Return in Houston County, MN over the last 9 years
Houston County, Minnesota has shown a steady increase in average taxable income per tax return over the past nine years, rising from approximately $53,203.93 in 2013 to about $73,305.52 by 2021. This upward trend suggests a general economic uplift in the area, making it potentially attractive for investors and those considering relocation. Real estate agents, appraisers, and insurance agents may find this information useful as it implies a likely increase in property values and a strong economic foundation for the local community.
Average State and Local Income Taxes Per Tax Return in Houston County, MN Over the Last 10 Years
Over the last decade, state and local income taxes per tax return in Houston County, Minnesota have shown a general upward trend. From $6,293.52 in 2012, there were notable increases particularly from 2018 onwards, reaching $15,325.71 in 2021. This surge could signal rising incomes or changes in tax regulations, potentially impacting the economic landscape for both current and prospective property investors.
Average Total Tax Liability Per Tax Return in Houston County, MN Over the Last 10 Years
Over the past decade, Houston County, Minnesota has seen a notable upward trajectory in average total tax liability per tax return, nearly doubling from approximately $7,326.73 in 2012 to $10,762.11 in 2021. This rise suggests increasing property values and potentially higher incomes, which may appeal to investors and real estate agents seeking growth opportunities. Insurance agents and appraisers might also find this trend useful for assessing risk and property values in the region. This shift could influence decisions for prospective residents or builders looking at long-term viability in Houston County.
Cost of Living in Houston County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,248 | $1,609 | $2,373 | $1,759 | $1,825 |
| 1 adult 4 children | $1,248 | $1,314 | $1,864 | $1,759 | $1,957 |
| 2 adults 3 children | $1,248 | $1,314 | $2,035 | $1,759 | $1,490 |
| 1 adult 3 children | $1,248 | $1,073 | $1,525 | $1,759 | $1,662 |
| 2 adults 2 children | $907 | $1,076 | $1,696 | $1,527 | $1,146 |
| 1 adult 2 children | $907 | $804 | $1,187 | $1,527 | $1,223 |
| 2 adults 1 child | $907 | $850 | $1,357 | $774 | $957 |
| 1 adult 1 child | $907 | $549 | $848 | $774 | $834 |
| 2 adults | $708 | $683 | $1,019 | $0 | $724 |
| 1 adult | $607 | $373 | $509 | $0 | $575 |
Safety trends & Data
Houston County, Minnesota has experienced notable fluctuations in property crime over the past five years. Larceny-Theft peaked at 33.00 cases in 2020 after starting at 11.00 in 2018, before plunging to 5.00 in 2022. Burglary rates remain more consistent, fluctuating between 3.00 and 5.00 incidents annually. Sporadic rises in Fraud and Vandalism have not led to lasting increases, indicating variability in minor crime trends. These shifts are crucial for property investors and insurance agents... Read more
Property Crime Trends in Houston County, MN Over the Last 5 Years
Houston County, Minnesota has seen significant fluctuations in property crime over the past five years, with notable shifts in both the types and frequency of incidents. Larceny - Theft consistently dominates the crime landscape, ballooning from 11.0 cases in 2018 to a peak of 33.0 in 2020, then dropping sharply to 5.0 in 2022. Burglary numbers oscillate modestly, historically staying between 3.0 to 5.0 incidents yearly. Instances like Fraud and Vandalism show sporadic increases but with no permanent upward trajectory. Highly impactful for property investors and insurance agents alike, these trends reflect the county's evolving security landscape and can influence risk assessments and policy adjustments.
Demographics
Houston County, Minnesota showcases a balanced gender demographic, with slightly more males than females. Educational attainment indicates a strong high school graduation rate, but a significant portion stopping at some college or an associate degree. Age distribution leans towards older populations, especially in the 55 to 74 years range. Racial composition is predominantly White at 98%, with other races collectively making up just around 2%. This demographic profile suggests potential areas... Read more
Race Distribution in Houston County, Minnesota (2022)
Educational Attainment in Houston County, Minnesota (2022)
Age Distribution in Houston County, Minnesota
Citizen Population in Houston County, Minnesota (2022)
Political Trends & Data
Houston County, Minnesota, displayed a slight Republican preference in the 2020 U.S. Presidential Election, with Republicans receiving approximately 55% of the vote, while Democrats captured around 42%. Third-party candidates had minimal impact, underscoring the predominance of the two major parties in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Houston County, Minnesota, leaned slightly towards the Republican party with about 55% of the vote in the 2020 U.S. Presidential Election, while Democrats garnered around 42%. Third-party and other candidates collectively made up a small fraction of the vote, indicating a fairly typical two-party distribution with minimal influence from Libertarian, Green, or other parties.
55.37% of voters voted for the Republican party in the 2020 Presidential Election
42.42% of voters voted for the Democrat party in the 2020 Presidential Election
1.00% of voters voted for the Livertarian party in the 2020 Presidential Election
0.25% of voters voted for the Green party in the 2020 Presidential Election
0.96% of voters voted for the Other party in the 2020 Presidential Election
School Data
Houston County, Minnesota, has consistently offered student-to-teacher ratios ranging from 11.50 to 13.69 over the past decade, frequently staying below the national average of 14 students per teacher. This trend suggests that students in the county may receive more personalized attention, potentially making the area attractive to families and educators. Such educational quality could also positively impact real estate desirability and property... Read more
Student-to-teacher ratio in Houston County, Minnesota over the last 10 years
Houston County, Minnesota has seen fluctuations in student-to-teacher ratios over the past decade, with values ranging from 11.5 to 13.69. Despite these variations, the county consistently maintains a ratio notably close to, and often below, the national average of 14 students per teacher. These ratios suggest that Houston County may offer more individualized attention per student compared to the national norm, which could be enticing for parents considering relocating to the area and beneficial for educators looking at employment opportunities. Lower ratios might also influence real estate desirability, as higher educational quality often correlates with increased property value.
