Buffalo County Real Estate and Livability Trends
Buffalo County, Wisconsin's real estate market shows moderate home value growth, rising from $145,500 in 2015 to $182,900 in 2022, making it potentially attractive to buyers seeking less competitive markets compared to state trends. The county's increasing average taxable income and notable climbs in state and local income taxes suggest economic growth but also warn of evolving fiscal policies... Read more
Buffalo County Market Trends
Buffalo County, Wisconsin's median home value rose from $145,500 in 2015 to $182,900 in 2022, trailing the state’s surge from $165,800 to $231,400. This more modest growth compared to both state and national trends might appeal to buyers seeking less competitive markets. Peaks in residential energy tax credits in 2017 and 2018, reaching up to $2,750.00, signal fluctuating incentives and... Read more
Median Value of Occupied Housing Units in Buffalo County, Wisconsin Over the Last 8 Years
While Buffalo County's median home value saw a steady rise over eight years, starting at $145,500 in 2015 and reaching $182,900 by 2022, it’s interesting to note that this growth is slightly behind the state's, which increased from $165,800 to $231,400 during the same period. Comparing it to the national average, which grew from $125,500 to $179,400, Buffalo County's housing value trajectory may reflect a more modest investment and living environment compared to broader state trends. This could signal an appealing opportunity for those looking to buy property in less aggressively priced markets within Wisconsin.
Residential Energy Tax Credit Per Tax Return in Buffalo County, WI Over the Last 9 Years
Residential energy tax credits in Buffalo County, Wisconsin have shown considerable fluctuation over the last nine years, with significant peaks in 2017 and 2018 ($966.67 and $2,750.00 respectively). This variability can highlight changing incentives or shifts in energy efficiency investments. Such swings could impact property values and inform decisions for both new and existing homeowners, real estate agents, and investors considering the county. Particularly for insurance agents and appraisers, understanding these trends may be crucial for accurately assessing property risks and values.
Average Real Estate Taxes Per Tax Return in Buffalo County, WI Over the Last 10 Years
Over the past decade, Buffalo County, Wisconsin has seen a steady rise in average real estate taxes per tax return, starting from $3,129.11 in 2012 to $4,480.95 in 2021. This trend suggests increasing property valuations and potentially higher operating costs for property owners, which investors and homeowners might want to consider. The most significant jumps occurred between 2018 and 2021, indicating newfound market dynamics or possibly changes in county tax policies. Such insights could be crucial for real estate agents, appraisers, and insurance agents evaluating property investment opportunities in the area.
Percentage of Farm Returns in Buffalo County, WI Over the Last 10 Years
Farm tax returns in Buffalo County, Wisconsin seem to have shown a gradual decline over the past decade, dipping from around 13.27% in 2012 to roughly 10.59% in 2021. This trend might suggest a shift in the county's economic landscape, possibly due to changes in agricultural viability or economic incentives. These figures could be insightful for potential investors or those considering moving to the area, as they might hint at evolving opportunities or challenges within the local farming sector. Understanding this trend could also provide valuable context for property developers and residents interested in the county’s economic health and future prospects.
Number of Mortgages by Occupancy Type in Buffalo County, WI Over the Last 5 Years in Buffalo County
Buffalo County, Wisconsin saw noteworthy fluctuations in mortgage counts over the past five years. Principal residences consistently dominated the market, peaking in 2020 with 652 mortgages, while investment properties and second residences exhibited minimal yet significant variations. Changes in occupancy type can shape the local real estate landscape; a rising share of investment property mortgages could signal increasing investor interest, potentially driving up property values and rent prices. Likewise, a stable or high count of principal residence mortgages might indicate a robust residential market, appealing to homebuyers and signaling stability to appraisers and insurance providers. Therefore, understanding these trends aids in strategic decision-making for investors, real estate agents, and those considering new developments in the county.
Economic Outlook
Buffalo County, Wisconsin has experienced a steady surge in average taxable income per tax return, climbing from $44,069.18 in 2013 to $62,236.08 in 2021, signaling potential economic growth and prosperity. Concurrently, state and local income taxes have risen sharply, particularly peaking at $8,325.00 in 2021, which could suggest evolving fiscal policies or increasing property values. Additionally, the total tax liability per tax return has shown notable increases, reaching $8,546.00 in 2021,... Read more
Average Taxable Income per Tax Return in Buffalo County, WI over the last 9 years
Over the last nine years, Buffalo County, Wisconsin has seen a steady rise in average taxable income per tax return, growing from $44,069.18 in 2013 to $62,236.08 in 2021. This upward trend suggests potential economic growth and improving prosperity in the region, which might be attractive for investors, real estate agents, and those considering moving to or working in Buffalo County. Increased income could hint at a stronger local economy, making it appealing for various stakeholders involved in property development or insurance.
Average State and Local Income Taxes Per Tax Return in Buffalo County, WI Over the Last 10 Years
Buffalo County, Wisconsin has seen a notable increase in average state and local income taxes per tax return over the past decade. From a relatively stable range of approximately $5,280.00 to $5,550.00 through 2017, the values surged to nearly $7,000.00 in 2018 and 2020, peaking at $8,325.00 in 2021. This upward trend may indicate evolving fiscal policies, rising incomes, or increasing property values, suggesting a potentially higher cost of living or stronger local economic growth. For investors, potential residents, real estate agents, and insurance agents, understanding these tax trends is crucial for forecasting future financial planning and assessing the viability of long-term commitments in the area.
Average Total Tax Liability Per Tax Return in Buffalo County, WI Over the Last 10 Years
Buffalo County, Wisconsin has seen notable fluctuations in average total tax liability per tax return over the past decade. After a slight dip from $5,880.00 in 2012 to $5,646.00 in 2013, there was a gradual upward trend, reaching $6,362.00 in 2017. A more significant increase occurred in the past few years, with liabilities jumping to $6,980.00 in 2020 and further to $8,546.00 in 2021. These changes could signal shifts in economic conditions or tax policy, which are crucial considerations for investors, real estate professionals, and residents analyzing fiscal trends and property values in the area.
Cost of Living in Buffalo County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,134 | $1,379 | $2,268 | $1,483 | $1,500 |
| 1 adult 4 children | $1,134 | $1,126 | $1,737 | $1,483 | $1,638 |
| 2 adults 3 children | $1,134 | $1,127 | $1,966 | $1,483 | $1,231 |
| 1 adult 3 children | $1,134 | $920 | $1,436 | $1,483 | $1,365 |
| 2 adults 2 children | $909 | $922 | $1,665 | $1,286 | $1,003 |
| 1 adult 2 children | $909 | $689 | $1,134 | $1,286 | $1,039 |
| 2 adults 1 child | $909 | $729 | $1,363 | $646 | $877 |
| 1 adult 1 child | $909 | $471 | $832 | $646 | $763 |
| 2 adults | $691 | $586 | $1,062 | $0 | $656 |
| 1 adult | $638 | $319 | $531 | $0 | $577 |
Safety trends & Data
Buffalo County, Wisconsin has experienced fluctuating property crime trends over the last five years. Burglary incidents peaked in 2018 with 18 cases, while larceny-theft saw a particularly notable count of 5 in 2019. Fraud cases, albeit generally low, rose to 4 in 2022. Vandalism remains a recurrent issue, with highs of 5 instances in both 2019 and 2022. The infrequent occurrences of motor vehicle theft, forgery, and arson suggest these crimes are less of a concern. For investors, real estate... Read more
Property Crime Trends in Buffalo County, WI Over the Last 5 Years
Buffalo County, Wisconsin has seen varied property crime trends over the past five years. Burglary peaked in 2018 with 18 incidents, while larceny-theft was more sporadic, showing a notable 5 incidents in 2019. Fraud remains relatively low but showed a notable increase to 4 incidents in 2022. Vandalism incidents are consistently present, hitting highs of 5 incidents in both 2019 and 2022. Only occasional incidents of motor vehicle theft, forgery, and arson suggest these are less prevalent concerns. Understanding these trends can be crucial for those looking to invest, real estate professionals, and insurance agents, as they reflect the area's security landscape and potential risks.
Demographics
Buffalo County, Wisconsin's adult population skews slightly male, with men making up a small majority. The area reflects a high level of high school completion, but higher education levels are more modest, with bachelor's degree holders being significant yet not predominant. The age distribution leans toward an older demographic, notably with a large segment in the 55 to 64-year-old range. The racial composition is overwhelmingly White, with minimal representation from other racial groups. This... Read more
Race Distribution in Buffalo County, Wisconsin (2022)
Educational Attainment in Buffalo County, Wisconsin (2022)
Age Distribution in Buffalo County, Wisconsin
Citizen Population in Buffalo County, Wisconsin (2022)
Political Trends & Data
Buffalo County, Wisconsin, showed a strong Republican preference in the 2020 U.S. Presidential Election, with about 62% of the vote leaning towards the GOP. The Democratic party attracted around 37%, indicating a notable but smaller base, while the Libertarians and other parties collectively captured just over 1.5% of the vote. This partisan tilt suggests that political affiliations could influence local real estate trends, particularly in areas where community values and norms are deeply... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Buffalo County, Wisconsin, the 2020 U.S. Presidential Election saw a clear lean towards the Republican party, which garnered around 62% of the vote, while the Democrats received approximately 37%. The Libertarian party managed to capture a small slice of the electorate with just over 1%, and other parties collectively made up slightly more than half a percent. These figures suggest a significantly stronger Republican presence compared to other parties in this particular region.
61.85% of voters voted for the Republican party in the 2020 Presidential Election
36.59% of voters voted for the Democrat party in the 2020 Presidential Election
1.02% of voters voted for the Livertarian party in the 2020 Presidential Election
0.54% of voters voted for the Other party in the 2020 Presidential Election
School Data
Buffalo County, Wisconsin has seen a steady drop in its student-to-teacher ratio from nearly 13 in 2014 to just over 11 in 2023, falling below the national average of 14. This could be interesting to families considering relocation, highlighting the potential for smaller class sizes. For real estate agents, this trend might serve as a compelling selling point, signaling a community invested in education. Lower ratios often correlate with stability and demand for well-maintained educational... Read more
Student-to-teacher ratio in Buffalo County, Wisconsin over the last 9 years
Buffalo County, Wisconsin has experienced a gradual decline in the student-to-teacher ratio over the last nine years, starting from nearly 13 in 2014 to just over 11 in 2023. This is below the national average of 14 students per teacher, potentially indicating smaller class sizes, which could appeal to families considering a move. For real estate agents, this lower ratio could be a selling point, while educators and school districts might view it as a positive sign of educational investment. Small class sizes also tend to attract appraisers and insurance agents because they often correlate with community stability and demand for well-maintained or upgraded educational facilities.
