Winona County Real Estate and Livability Trends
In Winona County, Minnesota, average taxable income per tax return has increased from $54,498.78 in 2013 to $70,199.29 in 2021, hinting at economic growth and higher earning potential for residents, potentially leading to rising property values. The median home values saw a steady increase from $153,900 in 2015 to $203,500 in 2022. However, real estate and local income taxes have shown... Read more
Winona County Market Trends
In Winona County, Minnesota, the median home values rose steadily from $153,900 in 2015 to $203,500 in 2022, revealing a healthy appreciation rate yet falling short of Minnesota's robust growth. Residential energy tax credits peaked at $2,340.00 in 2018, hinting at increased investments in energy-efficient upgrades, which might attract eco-conscious buyers and investors. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Winona County, Minnesota Over the Last 8 Years
Winona County, Minnesota has seen a steady increase in median home values from $153,900 in 2015 to $203,500 in 2022. While this growth appears modest, it is significantly outpaced by the state of Minnesota, where median values jumped from $186,200 to $286,800 in the same period. Nationally, home values rose from $125,500 in 2015 to $179,400 in 2022, remaining lower than Winona County's and Minnesota's figures. This trend might indicate Winona County offers a more affordable option compared to the state average, yet still reflects a healthy appreciation in property values, making it potentially attractive for new residents and investors.
Residential Energy Tax Credit Per Tax Return in Winona County, MN Over the Last 9 Years
Winona County, Minnesota shows a notable upward trend in residential energy tax credits per tax return from 2013 to 2018, peaking at $2,340.00 in 2018. This suggests significant investment in energy-efficient home improvements or renewable energy installations. Despite a subsequent decline, the credits remain consistently higher than early years, indicating sustained interest and possibly enhanced local incentives or awareness. For investors, builders, and real estate agents, this pattern could imply a growing market for energy-efficient properties, potentially enhancing property values and marketability. Insurance agents might also see this as a sign of lower-risk properties due to improved home infrastructures.
Average Real Estate Taxes Per Tax Return in Winona County, MN Over the Last 10 Years
The average real estate taxes per tax return in Winona County, Minnesota have shown a notable upward trend over the past decade, starting from around $2,375.83 in 2012 and peaking at approximately $3,732.18 in 2020. This incline is particularly significant between 2017 and 2018, jumping from $2,671.46 to $3,393.52. These figures may suggest increasing property valuations or tax rate adjustments, making it crucial for investors, property developers, and new residents to carefully consider the tax implications when assessing real estate opportunities in this area.
Percentage of Farm Returns in Winona County, MN Over the Last 10 Years
In Winona County, Minnesota, the percentage of farm tax returns has seen a slight decline over the last decade. Starting at approximately 5.07% in 2012, it has edged down to about 4.58% by 2021. Farm tax returns generally reflect the number of individuals or entities filing taxes as farm operators, which can be an indicator of the agricultural activity and health of the farming sector in the area. For investors, potential residents, or those looking to develop property, this subtle downward trend could suggest a marginal reduction in farming operations, which may influence real estate decisions or investments in agricultural ventures.
Number of Mortgages by Occupancy Type in Winona County, MN Over the Last 5 Years in Winona County
Winona County, Minnesota has seen varied mortgage activity across different occupancy types over the last five years, with principal residences consistently securing the highest number of mortgages each year. While investment properties and second residences show a noticeable but modest fluctuation, the notable shift is the decline in principal residence mortgages from 2020 to 2022. Changes in occupancy type can impact housing market stability, affect property values, and influence decisions for buyers, investors, and insurers. Those considering investments or relocations might find this evolving dynamic essential in forecasting demand and shaping financial strategies.
Economic Outlook
The average taxable income per tax return in Winona County, Minnesota, has shown a steady rise from $54,498.78 in 2013 to $70,199.29 in 2021, hinting at potential economic growth and higher earning potential for residents. This could attract investors and real estate agents, as increasing incomes often lead to rising property values. The area has also experienced significant fluctuations in state and local income taxes, peaking at $19,665.18 in 2018 before dipping to $13,783.70 in 2020 and... Read more
Average Taxable Income per Tax Return in Winona County, MN over the last 9 years
Over the last nine years, the average taxable income per tax return in Winona County, Minnesota has seen a relatively steady increase, climbing from approximately $54,498.78 in 2013 to $70,199.29 in 2021. This upward trend suggests potential economic growth and increased earning potential for residents, which could be interesting for investors, real estate agents, and those considering moving to the area. With incomes rising, property values and demand may follow suit, potentially impacting housing markets, insurance rates, and appraisals.
Average State and Local Income Taxes Per Tax Return in Winona County, MN Over the Last 10 Years
Over the past decade, Winona County, Minnesota has seen significant fluctuations in average state and local income taxes per tax return, with a notable spike to $19,665.18 in 2018. This jump was followed by a decline to $13,783.70 in 2020 before slightly increasing again to $15,846.99 in 2021. Investors and potential residents might find it interesting to note this volatility as it can impact disposable income and overall cost of living. While higher taxes sometimes signal better public services, they can also affect net income and property values, making it crucial to consider these trends when planning a move or investment.
Average Total Tax Liability Per Tax Return in Winona County, MN Over the Last 10 Years
Winona County, Minnesota has seen fluctuations in the average total tax liability per tax return over the past decade, hitting its highest point in 2021 at $10,308.21. Significant increases around 2018 and 2021 might suggest economic growth or changes in tax policies impacting residents. These variations are crucial for investors and real estate agents evaluating the area's economic stability and growth potential. Similarly, appraisers and insurers may find these trends indicative of broader fiscal health, influencing property values and insurance premiums.
Cost of Living in Winona County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,197 | $1,556 | $2,363 | $1,445 | $1,555 |
| 1 adult 4 children | $1,197 | $1,271 | $1,848 | $1,445 | $1,715 |
| 2 adults 3 children | $1,197 | $1,271 | $2,030 | $1,445 | $1,279 |
| 1 adult 3 children | $1,197 | $1,038 | $1,514 | $1,445 | $1,435 |
| 2 adults 2 children | $894 | $1,041 | $1,697 | $1,256 | $1,013 |
| 1 adult 2 children | $894 | $777 | $1,181 | $1,256 | $1,042 |
| 2 adults 1 child | $894 | $823 | $1,364 | $641 | $885 |
| 1 adult 1 child | $894 | $531 | $848 | $641 | $761 |
| 2 adults | $723 | $661 | $1,031 | $0 | $709 |
| 1 adult | $598 | $360 | $515 | $0 | $553 |
Safety trends & Data
Winona County, Minnesota's property crime trends reveal some interesting dynamics that potential investors and residents should likely consider. While larceny-theft remains the most common, fluctuating from 181.00 incidents in 2018 to 229.00 in 2022, vandalism and burglaries have shown relatively minor variations. The real eye-catcher is embezzlement, skyrocketing from 1.00 case in 2020 to 22.00 in 2022, potentially implying a risk for businesses and influencing commercial real estate... Read more
Property Crime Trends in Winona County, MN Over the Last 5 Years
Winona County, Minnesota has seen notable fluctuations in property crime trends over the past five years. Larceny-theft consistently tops the charts, with a range from 181.00 incidents in 2018 to a high of 237.00 in 2019, followed by a decrease to 229.00 in 2022. The number of burglaries and instances of vandalism showed occasional ups and downs but remained relatively stable; vandalism peaked at 30.00 in 2019, then tapered down to 16.00 by 2022. An interesting uptick was observed in embezzlement cases, jumping from 1.00 in 2020 to 22.00 by 2022. Such trends provide a vital context for potential investors, residents, and real estate professionals considering the area.
Demographics
Winona County, Minnesota, shows a nearly balanced gender ratio with a slight edge towards females. The educational attainment data points out that most adults have at least a high school diploma, but those holding a bachelor's or higher degree make up a notable share. The age distribution suggests a substantial portion of young adults aged 20 to 24, likely reflecting a student population or young workforce. Regarding the racial composition, the county is predominantly White, with small yet... Read more
Race Distribution in Winona County, Minnesota (2022)
Educational Attainment in Winona County, Minnesota (2022)
Age Distribution in Winona County, Minnesota
Citizen Population in Winona County, Minnesota (2022)
Political Trends & Data
Winona County, Minnesota, showcases a politically diverse population with Democrats slightly edging out Republicans in presidential elections. Minor parties like Libertarians barely make a dent with under 2% of the vote each. This tight split suggests that even minor shifts in voter behavior could significantly impact future elections, making it a noteworthy... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Winona County, Minnesota, seems to be almost evenly split between Republican and Democrat voters, with Democrats having a slight edge. Libertarians and other minor parties appear to have a minimal impact on the overall voting dynamics, garnering less than 2% of the total vote each. This close distribution could indicate a politically diverse population, potentially making Winona County a significant battleground in future elections where even small shifts in voter preference could tip the scales.
48.68% of voters voted for the Republican party in the 2020 Presidential Election
49.07% 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
0.29% 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
Winona County, Minnesota has experienced fluctuations in its student-to-teacher ratio, typically ranging from twelve to fourteen students per teacher, slightly below the national average of fourteen. Notably, 2020 and 2022 saw spikes with ratios nearing twenty-three students per teacher. These shifts could influence classroom environments, real estate values, and insurance premiums, offering valuable insights for investors and potential residents regarding educational resources and community... Read more
Student-to-teacher ratio in Winona County, Minnesota over the last 10 years
Winona County, Minnesota has seen fluctuations in its student-to-teacher ratio over the past decade, with values generally ranging from around twelve to fourteen students per teacher, which is slightly below the national average of fourteen students per teacher. However, significant spikes occurred in 2020 and 2022, with ratios reaching nearly twenty-three students per teacher. Such changes in occupancy type may impact classroom learning environments, investment opportunities, real estate values, and insurance premiums. For potential investors and those looking to move to Winona County, understanding these shifts can provide insight into educational resources and community growth trends.
