Lewis County Real Estate and Livability Trends
In Lewis County, Washington, average taxable income has climbed from $47,178.83 in 2013 to $70,101.26 in 2021, suggesting economic growth that might drive up housing demand and property values. Home values have also surged, rising from $174,000 in 2015 to $306,600 in 2022. Real estate taxes are steadily increasing, reflecting either rising property values or shifts in tax policies, which is... Read more
Lewis County Market Trends
Lewis County, Washington, has experienced a remarkable rise in median home values, jumping from $174,000 in 2015 to $306,600 in 2022, well above the national trend but still below the state median of $473,400. Residential energy tax credits have varied significantly, spiking to $3,954.55 in 2018, indicating growing investments in energy efficiency. Real estate taxes have steadily increased,... Read more
Median Value of Occupied Housing Units in Lewis County, Washington Over the Last 8 Years
In Lewis County, Washington, median home values have shown a significant upward trend over the last eight years, climbing from $174,000 in 2015 to $306,600 in 2022. This is a notable increase when compared to the national median, which only rose from $125,500 to $179,400 in the same period. While Lewis County's values are still below the Washington state median, which reached $473,400 in 2022, the rapid growth in this county indicates strong local demand and could suggest good investment potential for buyers and developers.
Residential Energy Tax Credit Per Tax Return in Lewis County, WA Over the Last 9 Years
Lewis County, Washington has experienced fluctuating residential energy tax credits per tax return over the last nine years. Beginning at $327.66 in 2013 and peaking at $3,954.55 in 2018, the values showcase substantial variance. The highest increase occurred between 2016 and 2017, from $826.32 to $1,584.00. These trends highlight notable investment in residential energy improvements, pointing to growing interest in energy efficiency that can affect property values, insurance considerations, and overall attractiveness for new residents and investors.
Average Real Estate Taxes Per Tax Return in Lewis County, WA Over the Last 10 Years
Real estate taxes per tax return in Lewis County, Washington, have shown a steady increase over the past decade. From $2,589.44 in 2012 to $4,364.81 in 2021, there's been a notable rise, especially between 2017 and 2018 when the average jumped by nearly $1,000. While some years exhibited gradual increases, the overall upward trend could be indicative of rising property values or changing tax policies. This data is essential for potential investors, residents, appraisers, and real estate agents as it may impact property purchasing decisions and evaluation processes.
Percentage of Farm Returns in Lewis County, WA Over the Last 10 Years
Farm tax returns in Lewis County, Washington, have seen a gradual decline over the past decade. Starting at about 3.37% in 2012, the percentage of farm returns fell to around 2.45% by 2020, with a slight uptick to roughly 2.51% in 2021. This trend could suggest a shift in the local agricultural landscape, possibly reflecting changes in farm economics or land use priorities. For investors or those considering property in the area, understanding these trends could be crucial in making informed decisions related to the agricultural sector and land investment potential.
Number of Mortgages by Occupancy Type in Lewis County, WA Over the Last 5 Years in Lewis County
Over the past five years in Lewis County, Washington, principal residences have consistently dominated the mortgage market, significantly outpacing investment and second residence loans. The dip in 2022 for all types might suggest economic shifts or market saturation. Monitoring changes in occupancy type reveals underlying social and economic trends, crucial for investors, appraisers, and real estate agents as these shifts can influence property value, market growth, and risk assessment. Notably, the steady yet modest numbers for investment properties hint at stable rental markets or limited investor interest, while the varying second residence figures might reflect fluctuating demand for vacation properties in the area.
Economic Outlook
In Lewis County, Washington, the average taxable income per tax return has risen steadily from $47,178.83 in 2013 to $70,101.26 in 2021, signaling potential economic growth that could drive housing demand and property values higher. Average state and local income taxes have shown notable fluctuations, peaking at $10,000.00 in 2020, which might reflect economic shifts of interest to real estate investors. The average total tax liability per tax return has also varied, reaching roughly $9,764.18... Read more
Average Taxable Income per Tax Return in Lewis County, WA over the last 9 years
In Lewis County, Washington, the average taxable income per tax return has shown a steady climb over the past nine years, growing from around $47,178.83 in 2013 to approximately $70,101.26 in 2021. This trend could indicate a positive economic development, making the area potentially more attractive for new investments and residential growth. For real estate agents, appraisers, and those looking to build property, these increasing income levels might suggest a rising demand for housing and potentially higher property values. For insurance agents, the higher average income could translate to increased market opportunities.
Average State and Local Income Taxes Per Tax Return in Lewis County, WA Over the Last 10 Years
Lewis County in Washington has seen significant fluctuations in average state and local income taxes per tax return over the past decade. Taxes peaked at $10,000.00 in 2020, a notable increase from the low of $4,975.00 in 2014. This variability points to potential economic shifts that could interest investors and real estate agents by indicating areas of financial instability or opportunity. For those considering relocation or investment, understanding these trends in tax obligations might aid in budgeting and financial planning.
Average Total Tax Liability Per Tax Return in Lewis County, WA Over the Last 10 Years
Over the last decade in Lewis County, Washington, the average total tax liability per tax return has seen notable oscillations. Starting around $7,894.04 in 2012, it dipped to $6,619.23 in 2013 before rising again. The most significant recent increase was seen in 2021, hitting approximately $9,764.18. These fluctuations could suggest an evolving economic landscape and varying income levels in the area, factors that potential investors, real estate developers, and others involved in the local property market might find useful to consider when assessing financial commitments and economic stability.
Cost of Living in Lewis County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,560 | $1,512 | $1,569 | $1,734 | $1,109 |
1 adult 4 children | $1,560 | $1,235 | $1,216 | $1,734 | $1,296 |
2 adults 3 children | $1,560 | $1,235 | $1,354 | $1,734 | $926 |
1 adult 3 children | $1,560 | $1,008 | $1,000 | $1,734 | $1,083 |
2 adults 2 children | $1,143 | $1,011 | $1,138 | $1,514 | $743 |
1 adult 2 children | $1,143 | $755 | $785 | $1,514 | $741 |
2 adults 1 child | $1,143 | $799 | $923 | $798 | $673 |
1 adult 1 child | $1,143 | $516 | $569 | $798 | $585 |
2 adults | $902 | $642 | $707 | $0 | $539 |
1 adult | $764 | $350 | $354 | $0 | $455 |
Safety trends & Data
Lewis County, Washington, has experienced volatile property crime trends over the past five years. Larceny-theft leads, peaking at 338 incidents in 2022, while burglary and vandalism rates fluctuate without clear direction. Motor vehicle theft and fraud show relative stability with minor yearly changes. Arson cases display an irregular pattern, lacking a significant trend. These insights help investors and agents assess risks and opportunities in the local... Read more
Property Crime Trends in Lewis County, WA Over the Last 5 Years
Lewis County, Washington has seen fluctuating trends in property crimes over the last five years. Larceny-theft consistently tops the list, with a noticeable peak in 2022 at 338 incidents. Burglary and vandalism also show varying figures but don't exhibit a clear upward or downward trend. Interestingly, motor vehicle theft and fraud seem relatively stable with minor variations year to year. Unexpectedly, arson cases have seen an irregular pattern with no significant trajectory. These trends provide crucial insights for potential investors, real estate agents, and insurance agents in assessing risks and opportunities in the local market.
Demographics
Lewis County, Washington, exhibits an almost equal gender distribution among its adult population, potentially contributing to a balanced community dynamic. In terms of education, the majority of residents hold a high school diploma or some college education, suggesting a workforce with foundational education but room for growth in higher education achievements. The age range shows a significant portion of the population near retirement age, which could indicate upcoming shifts in local... Read more
Race Distribution in Lewis County, Washington (2022)
Educational Attainment in Lewis County, Washington (2022)
Age Distribution in Lewis County, Washington
Citizen Population in Lewis County, Washington (2022)
Political Trends & Data
Lewis County, Washington appears to lean heavily towards the Republican party, with around 65% of the vote potentially supporting GOP candidates. The Democratic party holds just over 32% of the vote, indicating some support but likely not enough to challenge the Republican base. Minor parties like the Libertarians and Greens have minimal influence, reflecting a strong conservative influence that might shape local policies and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Lewis County, Washington, has shown a significant leaning towards the Republican party, with nearly 65% of voters possibly favoring GOP candidates. The Democratic party appears to have captured slightly over 32% of the vote, indicating that while there is some support, it may not be competitive with the Republican base. Libertarian and Green parties, alongside other minor parties, hold marginal shares of the vote, suggesting limited but present alternative political perspectives. This distribution hints at a potentially strong conservative influence within the county, shaping local political dynamics and possibly impacting policy priorities.
64.87% of voters voted for the Republican party in the 2020 Presidential Election
32.05% of voters voted for the Democrat party in the 2020 Presidential Election
2.05% of voters voted for the Livertarian party in the 2020 Presidential Election
0.39% of voters voted for the Green party in the 2020 Presidential Election
0.65% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Lewis County, Washington, has seen fluctuations over the past nine years, peaking at 20 in 2017 and dropping to a low of 15 in 2021, with the current ratio at 17. This is still above the national average of 14. Families prioritizing education might weigh these figures when considering relocation, as smaller ratios are often linked to better individual attention and educational outcomes. This data could be valuable for real estate agents marketing homes to... Read more
Student-to-teacher ratio in Lewis County, Washington over the last 9 years
The student-to-teacher ratio in Lewis County, Washington has fluctuated over the past nine years, peaking at 20 in 2017 and seeing a low of 15 in 2021. Recently, the ratio stands at 17, still above the national average of 14 students per teacher. This trend may impact investment decisions, for those with families considering relocation, as smaller ratios are often associated with better individual attention and educational outcomes. Real estate agents and property developers might find this data valuable when marketing homes to buyers prioritizing education. Insurance agents could also find this useful, as occupancy type and demographic changes can influence risk assessments.