Wisconsin Real Estate and Livability Trends

Wisconsin's median home values have surged by $65,600 over the past eight years, substantially outpacing the national increase of $53,900. This suggests robust demand and potentially limited supply, hinting at great investment opportunities. Notably, the average residential energy tax credit per tax return in Wisconsin has fluctuated but followed an upward trend from $283.43 in 2013 to $790.26 in... 2021, peaking sharply at $2,297.64 in 2018. This volatility could be a key consideration for those investing in energy-efficient property improvements. Additionally, Wisconsin's real estate taxes have climbed from $4,517.19 in 2012 to $6,808.84 in 2021, with a notable spike between 2017 and 2018, suggesting changing property values or tax rates. Meanwhile, farm returns have decreased from 2.15% of total tax returns in 2012 to 1.78% in 2021, perhaps reflecting underlying shifts in the state's agricultural economy. Read more

Wisconsin has experienced a significant rise in average taxable income per tax return, climbing from about $57,630.92 in 2013 to approximately $82,824.28 in 2021. Similarly, the state and local income taxes per tax return have surged from $6,987.49 in 2012 to $15,200.39 in 2021, with a stark jump between 2017 and 2018. The total tax liability per tax return has also steadily increased, from around $9,405.00 in 2012 to roughly $13,922.48 in 2021. These trends suggest a backdrop of rising... affluence and changing financial commitments, offering key insights for prospective investors, real estate professionals, and those planning to relocate to Wisconsin. Read more

Property crime trends in Wisconsin over the past five years indicate a significant drop in fraud cases—from 22,440.00 in 2018 to 14,843.00 in 2022—and a notable decrease in embezzlement incidents, from 923.00 to 586.00. Although arson rates slightly increased to 1,448.00 in 2022, vandalism and motor vehicle theft have generally remained stable. These insights could be crucial for investors, real estate agents, and insurance companies assessing the risk landscape in the... state. Read more

Wisconsin's adult population skews slightly female, yet both genders are nearly balanced. The state's educational landscape shows a strong focus on higher education, with a notable portion of adults holding bachelor's degrees. When it comes to age, Wisconsin presents a fairly diverse spread across all age groups, hinting at a balanced demographic pyramid with a slight aging trend. In terms of racial composition, the state is predominantly white, but it's worth noting the significant presence of... Black or African American communities and a modest Asian population. These insights may inform areas like healthcare, education policy, and community planning. Read more

Wisconsin's real estate market could reflect its sharply divided political climate, as the state's 2020 U.S. Presidential Election results showed nearly equal support for both major parties. With Democrats securing approximately 49.5% and Republicans at 48.8%, the tight race underscores a highly competitive market likely impacting housing policy and property development. Minor parties, including the Libertarians, grabbed over 1.7% of the vote, hinting at a niche but existent third-party... influence that might shape local real estate dynamics. Read more

In Wisconsin, the student-to-teacher ratio has shown notable fluctuations over the past nine years, reaching around seventeen in 2019 and gradually declining to just over fourteen in 2023, aligning closely with the national average. This trend could suggest improved teacher availability and classroom attention, potentially appealing to investors, real estate agents, and families contemplating a move. For appraisers and insurance agents, it might indicate an evolving education environment that... could impact property values and risk assessments, while builders might see it as a sign of increasing investments in educational resources across the state. Read more