Isanti County Real Estate and Livability Trends
Isanti County, Minnesota, has experienced a significant rise in economic indicators and real estate values over recent years. Average taxable income per tax return jumped from $53,205.53 in 2013 to $70,976.21 in 2021, suggesting increased disposable income. Home values saw an even more dramatic climb, skyrocketing from $164,900 in 2015 to $262,500 by 2022, which could have outpaced both national... Read more
Isanti County Market Trends
Isanti County, Minnesota has seen a substantial rise in median home values, from $164,900 in 2015 to $262,500 by 2022, outpacing national and state growth. Real estate taxes also increased, reaching $3,750.63 in 2020 from $2,374.01 in 2012, reflecting likely higher property values and potentially greater public funding needs. Residential energy tax credits per return spiked to $3,350.00 in 2018,... Read more
Median Value of Occupied Housing Units in Isanti County, Minnesota Over the Last 8 Years
Over the past eight years, the median home value in Isanti County, Minnesota has seen considerable appreciation, starting at $164,900 in 2015 and rising to $262,500 by 2022. When compared to the national figures, Isanti County's growth appears more pronounced, as the U.S. median climbed from $125,500 to $179,400 during the same period. Similar trends can be observed at the state level, with Minnesota's median home value increasing from $186,200 to $286,800. For potential investors and homeowners eyeing Isanti County, this ongoing upward trend suggests a robust and potentially lucrative real estate market.
Residential Energy Tax Credit Per Tax Return in Isanti County, MN Over the Last 9 Years
Isanti County, Minnesota has experienced significant fluctuations in the average residential energy tax credit per tax return over the past nine years. While early years saw moderate values ranging between $380.00 and $591.30, 2018 marked a dramatic spike to $3,350.00. This uptick may indicate a surge in energy-efficient home improvements or incentives during that year. Since 2018, the credits have somewhat stabilized, though they remain higher than early values, peaking at $1,166.67 in 2021. Such trends could suggest a growing trend in energy-efficient investments, potentially appealing for investors and homeowners focused on sustainability.
Average Real Estate Taxes Per Tax Return in Isanti County, MN Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Isanti County, Minnesota displayed a notable upward trend. Starting at approximately $2,374.01 in 2012, taxes steadily climbed, peaking at around $3,750.63 by 2020 before slightly dipping to $3,745.58 in 2021. This growth suggests increasing property values and possibly higher public funding needs, impacting potential investors and homebuyers with escalating costs. Such data can also aid appraisers and insurance agents in adjusting their valuations and premiums, respectively, while builders and real estate agents might see it as a sign of a growing and potentially lucrative market.
Percentage of Farm Returns in Isanti County, MN Over the Last 10 Years
Farm tax returns in Isanti County, Minnesota, appear to have decreased from 4.00% in 2012 to 2.91% in 2021. Farm tax returns typically refer to submissions made by farmers declaring their agricultural income, influencing tax incentives and property valuations. This decline could suggest a reduced number of active farms or profitability issues, which may impact local land values, economic activity, and investment potential. For those considering investing, moving, or building property in the area, these trends might signal shifts in the agricultural sector's viability, potentially influencing future development and economic opportunities.
Number of Mortgages by Occupancy Type in Isanti County, MN Over the Last 5 Years in Isanti County
Isanti County, Minnesota has seen notable fluctuations in the number of mortgages by occupancy type over the last five years. Principal residences dominate the market, showing significant highs with a peak in 2021 at 4,401 mortgages but dropped to 2,581 in 2022. Investment properties and second residences have remained relatively minor but stable portions of the market, with slight increases in some years and noticeable declines in others. Shifts in occupancy types impact financial projections and risk assessments, crucial for investors, real estate agents, and appraisers. For those considering new developments or relocations, these trends indicate the strongest and weakest housing demands, helping to tailor strategies and offerings to current needs.
Economic Outlook
Isanti County, Minnesota, has seen average taxable income per tax return jump from $53,205.53 in 2013 to $70,976.21 in 2021, indicating a potential rise in economic stability and discretionary spending. Alongside this, state and local income taxes have climbed from $4,955.18 in 2012 to $9,084.25 by 2021, with notable hikes in 2018 and 2019. Moreover, the average total tax liability increased from $6,805.90 in 2012 to $9,699.32 in 2021, with significant raises between 2019 and 2021. These trends... Read more
Average Taxable Income per Tax Return in Isanti County, MN over the last 9 years
Isanti County, Minnesota, has seen a steady increase in average taxable income per tax return over the past nine years. From $53,205.53 in 2013 to $70,976.21 in 2021, this upward trend could suggest a growing economic stability and potentially greater discretionary spending power among residents. Such financial progress might attract real estate investors, developers, and those looking to move into a region with improving economic conditions. For insurance agents and appraisers, this increase could indicate rising property values, influencing coverage needs and property assessments respectively.
Average State and Local Income Taxes Per Tax Return in Isanti County, MN Over the Last 10 Years
Over the past decade, Isanti County, Minnesota has seen a noticeable increase in average state and local income taxes per tax return. Starting from $4,955.18 in 2012, the figure has gradually risen, reaching $9,084.25 by 2021. Particularly significant jumps occurred around 2018 and 2019, with taxes increasing by over $1,500 each year. Those looking at investment or relocation should note this upward trend as it may suggest growing economic factors or policy changes impacting tax burdens.
Average Total Tax Liability Per Tax Return in Isanti County, MN Over the Last 10 Years
Over the past decade, Isanti County, Minnesota's average total tax liability per tax return has generally trended upward from $6,805.90 in 2012 to $9,699.32 in 2021. Notably, there was a significant jump between 2019 and 2020, with average liabilities increasing from $8,020.52 to $8,780.15, followed by another sharp rise to nearly $9,700 in 2021. These data points suggest rising financial obligations for residents, potentially impacting investment decisions, property appraisals, and insurance premiums. This trend could signal a robust economy but also requires careful consideration from prospective buyers and current homeowners considering long-term commitments in the area.
Cost of Living in Isanti County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,716 | $1,536 | $1,740 | $1,992 | $1,904 |
| 1 adult 4 children | $1,716 | $1,255 | $1,363 | $1,992 | $2,139 |
| 2 adults 3 children | $1,716 | $1,255 | $1,493 | $1,992 | $1,643 |
| 1 adult 3 children | $1,716 | $1,025 | $1,116 | $1,992 | $1,891 |
| 2 adults 2 children | $1,263 | $1,027 | $1,247 | $1,753 | $1,264 |
| 1 adult 2 children | $1,263 | $767 | $870 | $1,753 | $1,393 |
| 2 adults 1 child | $1,263 | $812 | $1,000 | $974 | $1,043 |
| 1 adult 1 child | $1,263 | $524 | $623 | $974 | $1,023 |
| 2 adults | $1,029 | $652 | $754 | $0 | $765 |
| 1 adult | $902 | $356 | $377 | $0 | $646 |
Safety trends & Data
Isanti County, Minnesota's property crime trends over the past five years present a mixed bag for potential investors and residents. Larceny-theft peaked at 151 incidents in 2019 but dramatically fell to 26 by 2022. Burglary incidents held a generally low but fluctuating range between 6 and 15 cases. Fraud cases showed minor overall decreases, and vandalism saw its highest activity early on before dropping significantly. Arson and embezzlement remained rare throughout this period, suggesting... Read more
Property Crime Trends in Isanti County, MN Over the Last 5 Years
Isanti County, Minnesota has seen fluctuating property crime trends over the past five years. Larceny-theft consistently recorded the highest number of incidents, peaking at 151 in 2019 and significantly dropping to 26 by 2022. Burglary incidents showed a slight decline, from 11 in 2018 to a lower but fluctuating range between 6 and 15 over the years. Fraud cases seemed relatively stable but showed a minor decrease overall. Vandalism saw the highest activity early on but drastically dropped in recent years. Notably, arson and embezzlement remain infrequent. These trends offer crucial insights for potential investors, residents, and industry professionals into the safety dynamics and crime patterns within the county.
Demographics
Isanti County, Minnesota, shows a fairly balanced gender distribution with a slightly higher male population. The age distribution suggests a relatively young populace, with considerable segments in the under 10 and 25 to 34-year categories. Educational attainment levels lean heavily toward high school graduates and those with some college experience, but there is a small portion of the population with advanced degrees. The county is predominantly White, with minor representation from Black or... Read more
Race Distribution in Isanti County, Minnesota (2022)
Educational Attainment in Isanti County, Minnesota (2022)
Age Distribution in Isanti County, Minnesota
Citizen Population in Isanti County, Minnesota (2022)
Political Trends & Data
Isanti County, Minnesota, showcased a strong Republican leaning in the 2020 U.S. Presidential Election, with around 68% of votes going to the GOP. Interestingly, Democrats captured about 29.5%, and third-party votes, including those for Libertarians and Greens, made up a small but notable portion. This conservative tilt, combined with a minority of third-party voters, may reflect broader socio-political dynamics potentially impacting local market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Isanti County, Minnesota, leaned heavily Republican in the 2020 U.S. Presidential Election, with roughly 68% of the votes going to the Republican party. Democrats garnered approximately 29.5%, while other parties, including Libertarian and Green, collectively made up a modest share of the vote. This significant Republican preference in Isanti County could suggest a strong conservative base, though it's worth noting the minority presence of third-party voters as well.
68.05% of voters voted for the Republican party in the 2020 Presidential Election
29.45% of voters voted for the Democrat party in the 2020 Presidential Election
1.25% of voters voted for the Livertarian party in the 2020 Presidential Election
0.33% of voters voted for the Green party in the 2020 Presidential Election
0.92% of voters voted for the Other party in the 2020 Presidential Election
School Data
Isanti County, Minnesota has seen its student-to-teacher ratio fluctuate markedly over the past decade, starting at 17 in 2014, dropping to 15 in 2015, then dramatically rising to around 23 from 2016 to 2018, and peaking at 30 in 2019. With the national average at 14, these higher ratios could hint at resource allocation issues or significant population growth. Investors, educators, and real estate professionals may find these trends impactful for property values and the stability of local... Read more
Student-to-teacher ratio in Isanti County, Minnesota over the last 10 years
Isanti County, Minnesota has experienced notable fluctuations in its student-to-teacher ratio over the past decade. Starting at 17 students per teacher in 2014 and dipping to 15 in 2015, the ratio spiked dramatically to roughly 23 from 2016 to 2018, reaching as high as 30 in 2019. This trend places Isanti County significantly above the current national average of 14 students per teacher, suggesting potential impacts on educational quality and classroom dynamics. Stakeholders such as investors, educators, and real estate professionals might view these numbers as indicative of possible resource allocation issues or population growth that could affect property values and community stability.
