Ashland County Real Estate and Livability Trends
Ashland County, Wisconsin has seen average taxable incomes per tax return rise from $40,936.86 in 2013 to $57,018.43 in 2021, hinting at a wealthier population that could buoy property values. Median housing values jumped 31.65% from $109,000 in 2015 to $143,500 in 2022, despite staying below state and national averages. Real estate taxes have increased from $3,464.54 in 2012 to $5,661.11 in... Read more
Ashland County Market Trends
Ashland County, Wisconsin, has seen a notable 31.65% increase in median housing values over the last eight years, going from $109,000 in 2015 to $143,500 in 2022, although still lower than state and national averages. Fluctuations in residential energy tax credits, peaking in 2019 and 2021, hint at increasing investments in energy-efficient home improvements, possibly due to local incentives.... Read more
Median Value of Occupied Housing Units in Ashland County, Wisconsin Over the Last 8 Years
Ashland County, Wisconsin has experienced a significant uptick in median home values over the last eight years, rising from $109,000 in 2015 to $143,500 in 2022. This 31.65% increase is aligned with a broader housing market trend, but notably, Ashland's values still remain lower than both the state of Wisconsin and national averages. Comparatively, Wisconsin's median home value surged from $165,800 to $231,400, and the national median climbed from $125,500 to $179,400 in the same period. Such growth in Ashland County could suggest new opportunities for value-driven investments or an attractive market for those seeking more affordable housing options within the state.
Residential Energy Tax Credit Per Tax Return in Ashland County, WI Over the Last 8 Years
Ashland County, Wisconsin has seen some fluctuation in residential energy tax credits per tax return over the last eight years. Notable peaks occurred in 2019 and 2021, with averages hitting $871.43 and $1155.56 respectively, which may suggest a growing investment in energy-efficient home improvements. These spikes are intriguing for real estate agents, potential homeowners, and appraisers alike, as they could indicate favorable state or local incentives. Moreover, insurance agents and property developers might want to take note of these trends when assessing risk and planning new projects.
Average Real Estate Taxes Per Tax Return in Ashland County, WI Over the Last 10 Years
Over the last decade, Ashland County, Wisconsin has seen a notable increase in average real estate taxes per tax return. Starting from around $3,464.54 in 2012, these taxes have surged, reaching $5,661.11 by 2021. The spike was particularly significant between 2017 and 2019, suggesting a rapid escalation in property values or tax rates during that period. This trend is crucial for potential investors, current residents, and professionals in the real estate and insurance sectors to monitor as it reflects the changing economic landscape and potential future tax burdens in the area.
Percentage of Farm Returns in Ashland County, WI Over the Last 10 Years
Farm tax returns in Ashland County, Wisconsin, have fluctuated slightly over the past decade, generally hovering around the 2% mark. In 2012 and 2019, the percentage of farm returns peaked at roughly 2.28%, but it dipped to about 1.84% in 2020 and 2021. This tells us that the agricultural sector maintains a small yet relatively stable presence in the county's overall economic landscape. These trends might suggest moderate viability for agricultural investments but also highlight the challenges faced by the farming community in this region. For those looking to invest, move to, or build property in Ashland County, understanding these metrics can help assess the stability and potential growth of local agriculture-related opportunities.
Number of Mortgages by Occupancy Type in Ashland County, WI Over the Last 5 Years in Ashland County
Changes in mortgage counts by occupancy type in Ashland County, Wisconsin reveal shifting dynamics in the real estate market. Principal residence mortgages, despite occasional dips, remain robust, suggesting stable demand among primary homeowners. Investment property mortgages, though less prominent, still show steady activity, which might indicate consistent interest from investors. A noticeable fluctuation is seen in second residence mortgages – a spike in 2021 followed by a significant drop in 2022 — possibly reflecting changing vacation home trends or economic conditions impacting discretionary property purchases. These trends could influence decisions for potential investors, appraisers, insurance agents, developers, and real estate professionals by highlighting market stability and areas of emerging interest. Understanding these shifts helps stakeholders make more informed decisions about property valuations, risk assessments, and investment strategies.
Economic Outlook
Ashland County, Wisconsin has experienced a steady rise in average taxable income per tax return, going from $40,936.86 in 2013 to $57,018.43 in 2021. This suggests an increasingly affluent population which could have considerable impact on housing market dynamics, potentially raising property values. Average state and local income taxes have also seen a notable upward trend, with fluctuations peaking at $8,538.10 in 2019 before settling at $8,216.67 in 2021, reflecting possible rising incomes... Read more
Average Taxable Income per Tax Return in Ashland County, WI over the last 9 years
Over the past nine years, Ashland County, Wisconsin has shown a steady rise in average taxable income per tax return, increasing from $40,936.86 in 2013 to $57,018.43 in 2021. This upward trend in income levels is particularly noteworthy for real estate agents and property developers, as it suggests an increasingly affluent population that could influence housing market dynamics. Similarly, appraisers and insurance agents might find these patterns indicative of a growing economy, which could affect property values and insurance premiums. For those considering moving to or investing in Ashland County, the gradual increase in taxable income may reflect a positive economic environment.
Average State and Local Income Taxes Per Tax Return in Ashland County, WI Over the Last 10 Years
Over the past decade in Ashland County, Wisconsin, average state and local income taxes per tax return have exhibited a notable upward trend. Starting at $5,211.11 in 2012, there have been fluctuations, but a significant rise is clear, peaking at $8,538.10 in 2019 before settling at $8,216.67 in 2021. Investors and those looking to move to the area might find this increase indicative of rising incomes or adjustments in tax policies. Appraisers and real estate agents should consider this data when evaluating property values, as it could reflect on the financial stability and growth potential in Ashland County.
Average Total Tax Liability Per Tax Return in Ashland County, WI Over the Last 10 Years
Over the past decade, Ashland County, Wisconsin, has seen a steady increase in average total tax liability per tax return. In 2012, the average liability stood at approximately $5,123.95 and experienced notable growth each year, peaking at about $7,202.23 in 2021. This trend suggests a rising economic climate which might interest potential investors, real estate agents, and property developers, balancing between increased property values and potential higher tax implications for future investments. These shifts could also be critical for insurance agents and appraisers to consider for accurate financial assessments.
Cost of Living in Ashland County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,090 | $1,432 | $2,215 | $1,537 | $1,436 |
| 1 adult 4 children | $1,090 | $1,169 | $1,697 | $1,537 | $1,575 |
| 2 adults 3 children | $1,090 | $1,170 | $1,921 | $1,537 | $1,169 |
| 1 adult 3 children | $1,090 | $955 | $1,402 | $1,537 | $1,293 |
| 2 adults 2 children | $826 | $957 | $1,627 | $1,332 | $941 |
| 1 adult 2 children | $826 | $715 | $1,108 | $1,332 | $955 |
| 2 adults 1 child | $826 | $757 | $1,332 | $666 | $812 |
| 1 adult 1 child | $826 | $489 | $813 | $666 | $704 |
| 2 adults | $666 | $608 | $1,038 | $0 | $613 |
| 1 adult | $579 | $332 | $519 | $0 | $532 |
Safety trends & Data
Ashland County, Wisconsin exhibits fluctuating property crime trends, with Larceny-Theft peaking at 86.00 incidents in both 2018 and 2021. The notable rise in vandalism from 27.00 in 2019 to 69.00 in 2020 may suggest socio-economic shifts. Variations in Burglary and Motor Vehicle Theft, especially with their spikes in 2020, offer crucial insights for potential investors and residents assessing the county’s safety and property... Read more
Property Crime Trends in Ashland County, WI Over the Last 5 Years
Ashland County, Wisconsin has seen varied property crime trends over the past five years. Larceny - Theft consistently remains the most reported crime, peaking at 86.0 incidents in both 2018 and 2021. Burglary and Motor Vehicle Theft rates show significant fluctuations, with notable increases in 2020. The rise in vandalism incidents from 27.0 in 2019 to 69.0 in 2020 could imply socio-economic shifts or other underlying factors. While crimes like embezzlement and arson occur less frequently, their presence still impacts the overall crime landscape. This data is especially relevant for potential investors, real estate agents, and residents evaluating the county's safety and property values.
Demographics
Ashland County, Wisconsin, shows a relatively balanced adult population between males and females. In education, a significant portion of adults are high school graduates or have some college, but under a fifth hold a bachelor's degree or higher. The age distribution is skewed slightly older, with notable populations in the 55-64 and 65-74 brackets, hinting at a potentially aging community. Racially, the county remains predominantly White, with American Indian and Alaska Native residents making... Read more
Race Distribution in Ashland County, Wisconsin (2022)
Educational Attainment in Ashland County, Wisconsin (2022)
Age Distribution in Ashland County, Wisconsin
Citizen Population in Ashland County, Wisconsin (2022)
Political Trends & Data
Ashland County, Wisconsin's real estate market trends could be subtly influenced by its political landscape, where Democrats slightly outnumber Republicans, with around 54.8% supporting the former and 43.9% the latter in the 2020 Presidential Election. The minimal impact of third parties, with Libertarians at roughly 0.8% and Greens under 0.1%, suggests a stable, predominantly bipartisan environment. This might point to steady market dynamics with potential buyers leaning toward established... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Ashland County, Wisconsin, the 2020 U.S. Presidential Election results suggest a slight lead for the Democratic party, capturing approximately 54.8% of the vote. Republicans trailed with around 43.9%, indicating strong, but not dominant, support. Minor parties like the Libertarians and Greens had minimal impact, with Libertarians getting nearly 0.8% and Greens less than 0.1%. This distribution possibly reflects a predominantly bipartisan landscape, with little room for third-party influence.
43.86% of voters voted for the Republican party in the 2020 Presidential Election
54.82% 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
0.07% of voters voted for the Green party in the 2020 Presidential Election
0.45% of voters voted for the Other party in the 2020 Presidential Election
School Data
Ashland County, Wisconsin has shown notable fluctuations in student-to-teacher ratios over the last nine years, peaking at 17 in 2016 and 2020, and dropping to 10 in 2021 and 2022. These swings, compared to a national average of 14, indicate potential impacts on educational quality and community dynamics. Lower ratios might suggest more personalized student attention, appealing to relocating families, while higher ratios could point to resource strains or demographic shifts, key for investors... Read more
Student-to-teacher ratio in Ashland County, Wisconsin over the last 9 years
For potential investors, real estate agents, and those considering a move, Ashland County, Wisconsin presents interesting fluctuations in its student-to-teacher ratios. Over the last nine years, the ratio varied significantly, peaking at 17 in 2016 and 2020, and dropping as low as 10 in 2021 and 2022. These changes are notable when compared to the national average of 14 students per teacher, indicating potential impacts on educational quality and community dynamics. Lower ratios in recent years might suggest more personalized attention for students, which could be attractive to families considering relocation. Meanwhile, higher ratios could signal temporary resource strain or demographic shifts, pertinent for investors evaluating the local infrastructure’s capacity to adapt.
