Pope County Real Estate and Livability Trends
Pope County, Minnesota's average taxable income per tax return has jumped from $54,378.30 in 2013 to $76,731.72 in 2021, with corresponding increases in state and local taxes. Property value trends are a key watch, with median home values rising from $150,900 in 2015 to $225,900 in 2022, though slightly lagging behind state averages. Mortgage dynamics and steady real estate tax increases suggest... Read more
Pope County Market Trends
Pope County, Minnesota's housing market has seen a notable rise in median home values from $150,900 in 2015 to $225,900 in 2022. Though impressive, this pales slightly compared to the state-wide increase of almost $100,000 over the same period. Energy tax credits per tax return in Pope County have fluctuated, peaking at $340.00 in 2013 and stabilizing around $285.71 by 2021, hinting at potential... Read more
Median Value of Occupied Housing Units in Pope County, Minnesota Over the Last 8 Years
Pope County, Minnesota's housing market has seen a substantial upward trend in median home values over the past eight years, rising from $150,900 in 2015 to $225,900 in 2022. This growth pace might seem more moderate when compared to the statewide surge from $186,200 to $286,800 over the same period. Meanwhile, the national median increased from $125,500 in 2015 to $179,400 in 2022. This suggests that while Pope County is appreciating at a decent clip, it could offer relatively more affordable opportunities compared to broader state markets, making it potentially attractive for investors or new residents seeking value.
Residential Energy Tax Credit Per Tax Return in Pope County, MN Over the Last 8 Years
Over the last eight years, the average residential energy tax credit per tax return in Pope County, Minnesota has shown variability, peaking at $340.00 in 2013 and dipping to a low of $230.00 in 2016. More recent years, such as 2021, have seen this average stabilize around $285.71. For those considering investments or property developments, this trend could suggest a fluctuating yet potentially rewarding benefit from energy-efficient improvements. It may be prudent for insurance agents and real estate professionals in the area to monitor these credits, as they may impact property values and homeowner incentives.
Average Real Estate Taxes Per Tax Return in Pope County, MN Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in Pope County, Minnesota, have experienced steady growth, with notable spikes. Starting at around $2,316.08 in 2012, there was a noticeable increase, peaking at $3,913.79 in 2020 before a slight dip to $3,676.00 in 2021. This upward trend suggests rising property values and/or tax rates, which could imply a growing local economy and increased demand for real estate. For investors and real estate agents, these figures may signal a robust market with potential for future growth. However, appraisers and insurance agents might want to consider these tax increases when evaluating property values and insurance premiums.
Percentage of Farm Returns in Pope County, MN Over the Last 10 Years
In Pope County, Minnesota, farm tax returns have shown some fluctuation over the past decade, peaking around 13.87% in 2012 and dipping to approximately 11.64% in 2020. Such trends could be indicative of shifts in agricultural activity or economic conditions impacting local farms. For potential investors or those looking to move into the area, these numbers might suggest variability in agricultural stability, potentially impacting land value and economic opportunities. Understanding farm tax returns here provides insights into the local agricultural economy's health, which is crucial for informed decision-making in property investments or relocation plans.
Number of Mortgages by Occupancy Type in Pope County, MN Over the Last 5 Years in Pope County
Trends in mortgage counts in Pope County, Minnesota show fluctuations in the number of mortgages for principal residences, second residences, and investment properties over the past five years. There was a noticeable spike in principal residence mortgages in 2020, possibly tied to market conditions or other stimulative factors. For investment properties, the numbers are relatively low and stable, suggesting a less volatile sector. Second residence mortgages show more variability but don't stray far from mid-range numbers. These changes in occupancy type can signal shifting priorities among buyers, influencing market dynamics, affecting property values, and impacting local development strategies. Understanding these trends is crucial for investors, real estate agents, appraisers, insurance agents, and people considering moving to or building in the area, as they reflect broader economic and lifestyle shifts in Pope County.
Economic Outlook
Pope County, Minnesota has observed a steady rise in average taxable income per tax return, jumping from about $54,378.30 in 2013 to around $76,731.72 in 2021. Concurrently, average state and local income taxes per return surged from roughly $6,755.40 in 2012 to about $14,303.70 in 2021. Additionally, average total tax liability per tax return climbed from approximately $8,461.67 in 2012 to $11,760.93 by 2021. These trends could suggest an economically strengthening area, with higher earning... Read more
Average Taxable Income per Tax Return in Pope County, MN over the last 9 years
Over the past nine years, Pope County, Minnesota has seen a notable increase in average taxable income per tax return, rising from around $54,378.30 in 2013 to approximately $76,731.72 in 2021. This steady growth could indicate a strengthening local economy and potentially higher earning opportunities for residents. Such trends could be of particular interest to investors, builders, and real estate agents as they may reflect an upward trajectory in the county's financial health and property values.
Average State and Local Income Taxes Per Tax Return in Pope County, MN Over the Last 10 Years
Over the past decade, Pope County, Minnesota has witnessed a significant increase in average state and local income taxes per tax return, climbing from roughly $6,755.40 in 2012 to approximately $14,303.70 in 2021. This upward trend may suggest an expanding tax base and possibly higher earnings among residents, making it essential for potential investors, property developers, and those looking to move to the area to consider these financial dynamics in their planning and decision-making processes.
Average Total Tax Liability Per Tax Return in Pope County, MN Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Pope County, Minnesota has seen a general upward trend. Most strikingly, after relatively stable figures between 2012 and 2013 around $8,461.67, there was a noticeable increase to $9,559.30 in 2014, peaking at $11,760.93 in 2021. These observations might indicate growing incomes or changes in local tax laws affecting the county's residents. For investors, real estate agents, and builders, this could signal an evolving economic landscape that may impact property valuations and growth potential in Pope County.
Cost of Living in Pope County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,126 | $1,504 | $1,738 | $1,234 | $1,242 |
| 1 adult 4 children | $1,126 | $1,228 | $1,353 | $1,234 | $1,439 |
| 2 adults 3 children | $1,126 | $1,229 | $1,496 | $1,234 | $1,016 |
| 1 adult 3 children | $1,126 | $1,003 | $1,111 | $1,234 | $1,188 |
| 2 adults 2 children | $925 | $1,006 | $1,254 | $1,076 | $882 |
| 1 adult 2 children | $925 | $751 | $869 | $1,076 | $911 |
| 2 adults 1 child | $925 | $795 | $1,012 | $564 | $811 |
| 1 adult 1 child | $925 | $513 | $627 | $564 | $716 |
| 2 adults | $703 | $639 | $770 | $0 | $662 |
| 1 adult | $618 | $348 | $385 | $0 | $545 |
Safety trends & Data
Pope County, Minnesota has experienced varied trends in property crime over the past five years. While burglaries have decreased from 5 cases in 2018 to 2 cases in both 2020 and 2021, fraud cases saw a spike to 5 in 2020, and motor vehicle thefts increased to 3 in 2022. These fluctuations likely inform decisions for investors or developers and provide important context for appraisers and insurance agents assessing local risk... Read more
Property Crime Trends in Pope County, MN Over the Last 5 Years
Pope County, Minnesota has seen fluctuating trends in property crime over the past five years. While incidents of burglary have generally decreased, with a notable drop from 5 cases in 2018 to 2 in both 2020 and 2021, fraud cases spiked up to 5 in 2020. Motor vehicle thefts are sporadic but showed an increase to 3 in 2022. These patterns likely influence decisions for potential investors or developers considering the area, as well as appraisers and insurance agents assessing local risk factors.
Demographics
Pope County, Minnesota, reveals a nearly balanced gender distribution with males slightly outnumbering females. Educational attainment shows a strong high school completion rate, with a notable portion of the population having some college experience but no degree, suggesting potential for further educational investments. Age distribution highlights a significant older adult population, especially those aged 55 to 74, which could impact local healthcare and community services demand. The racial... Read more
Race Distribution in Pope County, Minnesota (2022)
Educational Attainment in Pope County, Minnesota (2022)
Age Distribution in Pope County, Minnesota
Citizen Population in Pope County, Minnesota (2022)
Political Trends & Data
Pope County, Minnesota, tends to lean Republican, with around 63% of the votes in the 2020 Presidential Election likely supporting the GOP. Democratic support lingers at about 35%, highlighting a significant, though smaller, opposition. Libertarian and other minor parties barely make a dent, each hovering under 1%, showing minimal third-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Pope County, Minnesota, appears to skew Republican, with approximately 63% of the vote in the 2020 Presidential Election potentially going to the GOP. Democratic votes seem to account for roughly 35%, indicating a notable but smaller base. Libertarian and other minor parties each capture slightly under 1% of the vote, pointing to limited third-party influence.
62.90% of voters voted for the Republican party in the 2020 Presidential Election
35.27% of voters voted for the Democrat party in the 2020 Presidential Election
0.80% 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
Pope County, Minnesota has seen its student-to-teacher ratio peak at 18 in 2022 before falling to nearly 14 in 2023. This shift impacts decisions for families considering relocation, investors analyzing community growth, and real estate agents assessing neighborhood appeal. Higher ratios might signal resource strain or growing student populations, while lower ratios often suggest more personalized attention in classrooms—important for gauging educational quality. These changes are crucial for... Read more
Student-to-teacher ratio in Pope County, Minnesota over the last 10 years
Pope County, Minnesota has seen fluctuations in its student-to-teacher ratio over the last decade, with the ratio peaking at 18 in 2022 before dipping to nearly 14 in 2023. This varied range, at times exceeding the national average of 14 students per teacher, could impact decisions for families considering relocation, investors analyzing community growth, and real estate agents assessing neighborhood appeal. Higher ratios might indicate resource strain or growing student populations, while lower ratios generally suggest more personalized attention in classrooms—valuable for gauging educational quality. Changes in this ratio are essential for appraisers, insurance agents, and property developers, given their influence on community attractiveness and infrastructure planning.
