Iron County Real Estate and Livability Trends
Iron County, Missouri's real estate market has shown promising trends, with median home values rising from $82,600 in 2015 to $109,400 in 2022, suggesting an attractive environment for investors. The county's residents have experienced an uptick in taxable income, from $35,390.91 in 2013 to $46,066.67 in 2021, likely contributing to higher property values. Investment property mortgages also... Read more
Iron County Market Trends
Iron County, Missouri, has experienced a notable rise in median home values from $82,600 in 2015 to $109,400 in 2022, reflecting a dynamic market that's attractive for investors. The average residential energy tax credit per tax return spiked to $1,300.00 in 2020 before dropping to $900.00 in 2021, suggesting increased home investments in energy efficiency. Real estate taxes have fluctuated, with... Read more
Median Value of Occupied Housing Units in Iron County, Missouri Over the Last 8 Years
Over the last eight years, Iron County, Missouri, has seen a gradual rise in median home values, peaking at $109,400 in 2022, a stark increase from $82,600 in 2015. Comparatively, Missouri and the national figures have also risen, but Iron County's growth trajectory is particularly interesting as it reflects a dynamic shift, possibly driven by localized economic factors or increased demand. This might represent an appealing opportunity for investors or potential residents seeking value growth outside major metro areas, where the overall state and national values have seen steeper climbs but started from significantly higher baselines.
Residential Energy Tax Credit Per Tax Return in Iron County, MO Over the Last 6 Years
In Iron County, Missouri, the average residential energy tax credit per tax return has shown considerable fluctuations over the past six years. Notably, there was a substantial rise from $350.00 in 2016 to $1,300.00 in 2020, followed by a decrease to $900.00 in 2021. This trend suggests that homeowners in the area have been increasingly investing in energy-efficient upgrades, likely influenced by changing incentive structures and heightened environmental awareness. These shifts can be pertinent for real estate agents, potential investors, and appraisers as they reflect evolving property values and homeowner priorities in Iron County.
Average Real Estate Taxes Per Tax Return in Iron County, MO Over the Last 10 Years
Iron County, Missouri, has seen fluctuating real estate taxes over the past decade, with noticeable peaks and dips. 2019 marked a significant rise, peaking at $1,850.00 per tax return, suggesting potential shifts in property values or county tax policies. While the year 2020 saw a drop to about $1,333.33 per return, 2021 rebounded to $1,620.00, indicating some volatility. This trend could be a critical factor for investors, developers, and real estate agents in assessing the county’s economic climate and property value sustainability.
Percentage of Farm Returns in Iron County, MO Over the Last 10 Years
In Iron County, Missouri, the percentage of farm returns has hovered around 6% to 7% over the past decade. This stability might suggest a steady agricultural presence in the area. However, slight fluctuations, such as the dip to 6.30% in 2013 and the peak at 7.20% in 2017, could imply varying economic or environmental factors impacting local farming. For potential investors, this could indicate a relatively steady return on agricultural investments in the region.
Number of Mortgages by Occupancy Type in Iron County, MO Over the Last 5 Years in Iron County
Investment property mortgages in Iron County, Missouri have shown a gradual increase over the last five years, rising from 12 in 2018 to 33 in 2022. Meanwhile, principal residences dominate the market, though they've seen slight fluctuations, peaking at 386 in 2021 before dipping to 331 in 2022. Second residences remain the smallest but steady segment, with minor changes. Understanding shifts in occupancy type is crucial; for investors, a higher number of investment property mortgages could signal growing opportunities, while for appraisers and insurance agents, these trends might influence risk assessments and property values. Realtors and developers may find the steady interest in second residences a niche worth exploring.
Economic Outlook
Iron County, Missouri's average taxable income per tax return has steadily increased from $35,390.91 in 2013 to $46,066.67 in 2021, hinting at economic growth or enhanced earning potential for residents. State and local income taxes have displayed a varied trajectory, hitting highs of $5,700.00 in 2021, which may reflect economic shifts or policy changes affecting locals. The total tax liability per tax return has also grown from $4,406.43 in 2012 to $5,443.30 in 2021, indicating rising incomes... Read more
Average Taxable Income per Tax Return in Iron County, MO over the last 9 years
Iron County, Missouri has seen a notable progression in average taxable income per tax return over the last nine years, moving from $35,390.91 in 2013 to $46,066.67 in 2021. This steady increase might indicate economic growth or enhanced earning potential for residents, making it potentially appealing for those considering investments, relocation, or property development. For real estate agents, appraisers, and insurance agents, these figures suggest a rising valuation in the area's real estate market, implying a potential boost in business opportunities.
Average State and Local Income Taxes Per Tax Return in Iron County, MO Over the Last 10 Years
Iron County, Missouri has seen fluctuating state and local income taxes per tax return over the past decade. In 2012, the average taxpayer faced $3,720.51, which dipped slightly in 2013 but generally climbed to $3,811.43 by 2014 and $4,436.84 in 2016. A slight decline occurred in 2018 with $4,220.00, but this was followed by a significant drop to $3,500.00 in 2019. However, recent years saw a sharp rise, with 2020 averaging $4,750.00, reaching an all-time high of $5,700.00 in 2021. This trend indicates a varied but upward trajectory in tax obligations, reflecting possible economic growth or policy changes impacting local taxpayers.
Average Total Tax Liability Per Tax Return in Iron County, MO Over the Last 10 Years
Iron County, Missouri has experienced a gradual increase in average total tax liability per tax return over the past decade. Starting at $4,406.43 in 2012, the tax liability saw minor fluctuations but climbed to a notable $5,443.30 by 2021. This trend could imply growing incomes and potentially increased property values, making Iron County a fascinating area for those considering real estate investments or new developments. However, the rise in tax liability may also necessitate careful financial planning for current and future residents.
Cost of Living in Iron County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $973 | $1,347 | $2,153 | $822 | $1,063 |
| 1 adult 4 children | $973 | $1,100 | $1,648 | $822 | $1,130 |
| 2 adults 3 children | $973 | $1,101 | $1,867 | $822 | $844 |
| 1 adult 3 children | $973 | $898 | $1,362 | $822 | $838 |
| 2 adults 2 children | $746 | $901 | $1,581 | $697 | $709 |
| 1 adult 2 children | $746 | $673 | $1,076 | $697 | $619 |
| 2 adults 1 child | $746 | $712 | $1,295 | $291 | $649 |
| 1 adult 1 child | $746 | $460 | $790 | $291 | $531 |
| 2 adults | $653 | $572 | $1,009 | $0 | $592 |
| 1 adult | $549 | $312 | $505 | $0 | $506 |
Safety trends & Data
Iron County, Missouri has seen varying property crime trends over the past five years. Larceny-theft peaked with 14 cases in 2018, dropping to just 1 case by 2022. Burglary spiked with 3 cases in 2021. Vandalism incidents have remained steady. Sporadic cases of fraud, motor vehicle theft, forgery, and arson imply a generally low but diverse crime profile, indicating potential focused law enforcement or community vigilance. Knowing these trends could shape property investments and security... Read more
Property Crime Trends in Iron County, MO Over the Last 5 Years
Iron County, Missouri has seen fluctuating trends in property crimes over the last five years. While larceny-theft appears consistently with the highest incidents, showing a peak in 2018 with 14 cases and decreasing to 1 case by 2022, burglary also showed a noticeable jump in 2021 with 3 cases. Vandalism incidents have remained relatively steady. Sporadic occurrences of fraud, motor vehicle theft, forgery, and arson suggest a varied but generally low crime profile, potentially reflecting focused law enforcement or community vigilance. For investors, real estate agents, and residents, understanding these trends could influence decisions on property investments and security measures.
Demographics
Iron County, Missouri shows a relatively balanced gender distribution with a slightly higher number of females compared to males. The majority of the adult population has at least a high school education, though a significant percentage has not pursued postsecondary degrees. The age distribution is diverse, with a noticeable concentration in the senior age groups, suggesting that the county could be experiencing an aging population. Ethnically, the county is predominantly White, with very small... Read more
Race Distribution in Iron County, Missouri (2022)
Educational Attainment in Iron County, Missouri (2022)
Age Distribution in Iron County, Missouri
Citizen Population in Iron County, Missouri (2022)
Political Trends & Data
Iron County, Missouri seems to lean heavily Republican, with around 78% of the 2020 presidential votes potentially going to the GOP candidate. Democrats captured about 21%, reflecting a much smaller base. Minor parties like the Libertarian and Green parties saw negligible support, each potentially pulling in less than 1%, suggesting a strong two-party preference in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Iron County, Missouri, the 2020 U.S. Presidential Election results suggest a strong Republican leaning, with approximately 78% of votes potentially going to the Republican candidate. The Democratic candidate appears to have garnered around 21%, indicating significant but markedly lower support. Minor parties such as the Libertarian and Green parties might have received very limited support, each capturing less than 1% of the vote, which could hint at a predominantly two-party system in this region.
78.31% of voters voted for the Republican party in the 2020 Presidential Election
20.58% of voters voted for the Democrat party in the 2020 Presidential Election
0.72% of voters voted for the Livertarian party in the 2020 Presidential Election
0.24% of voters voted for the Green party in the 2020 Presidential Election
0.15% of voters voted for the Other party in the 2020 Presidential Election
School Data
Iron County, Missouri has consistently maintained a lower student-to-teacher ratio over the past decade compared to the national average. With ratios generally between 10 and 12 students per teacher, and dipping to approximately 10.5 recently, this trend suggests more personalized attention for students. This could make the area more appealing to families and investors, which might positively impact property values and community desirability. For appraisers and insurance agents, smaller... Read more
Student-to-teacher ratio in Iron County, Missouri over the last 10 years
Over the past decade, Iron County, Missouri has maintained a lower student-to-teacher ratio compared to the national average of 14 students per teacher. The ratio generally hovered between 10 and 12 students per teacher, dipping to its lowest at approximately 10.5 in recent years. This trend might signal smaller class sizes and potentially more personalized attention for students, which could appeal to families considering moving to the area. For investors and real estate agents, a trend toward lower student-to-teacher ratios might correlate with better educational outcomes, making properties in Iron County more attractive. Additionally, appraisers and insurance agents might find this data relevant when assessing property values and risk factors, as smaller classroom sizes could be a component of quality of life and community strength.
