Burnett County Real Estate and Livability Trends
Burnett County, Wisconsin has seen a notable increase in average taxable income per tax return, from $42,826.43 in 2013 to $64,284.51 in 2021, which could point to a strengthening local economy and rising property values. Median home values also rose significantly, jumping from $148,800 in 2015 to $200,800 in 2022, surpassing both national and state averages. These trends in income and property... Read more
Burnett County Market Trends
Burnett County, Wisconsin has seen median home values soar from $148,800 in 2015 to $200,800 in 2022, outpacing both national and state averages. Residential energy tax credits have skyrocketed, jumping from about $265.00 per return in 2013 to $947.06 in 2021, suggesting increased investments in energy-efficient upgrades. Real estate taxes have climbed steadily, hitting around $4,477.50 per... Read more
Median Value of Occupied Housing Units in Burnett County, Wisconsin Over the Last 8 Years
Burnett County, Wisconsin has experienced a more pronounced increase in median home values compared to national trends, especially in the last two years. While the national median home value grew from $125,500 in 2015 to $179,400 in 2022, Burnett County's values surged from $148,800 to $200,800. This rate of increase also outpaced the state average, where Wisconsin's median home value climbed from $165,800 in 2015 to $231,400 in 2022. Such growth hints at rising demand and possibly higher appreciation potential for properties in Burnett County, suggesting strong investment opportunities relative to other areas.
Residential Energy Tax Credit Per Tax Return in Burnett County, WI Over the Last 8 Years
Over the last eight years, Burnett County, Wisconsin, has seen varying residential energy tax credits, with a notable upward trajectory in recent years. In 2013, the average tax credit per return was around $265.00, but by 2021, it had surged to approximately $947.06. This trend could indicate increasing investments in energy-efficient upgrades and renewable energy solutions, making the county an area of growth for those interested in green technologies and sustainable living enhancements. This uptick in tax credits might suggest potential for property value increases and a favorable environment for eco-conscious investors and builders.
Average Real Estate Taxes Per Tax Return in Burnett County, WI Over the Last 10 Years
Over the last decade, Burnett County, Wisconsin has experienced a noticeable increase in average real estate taxes per tax return. The values have ranged from approximately $3,211.85 in 2012, gradually rising to about $4,477.50 in 2021. This upward trend could indicate a growing demand for public services or rising property values, both of which are relevant for potential investors, real estate agents, and current residents considering the long-term financial landscape of the county.
Percentage of Farm Returns in Burnett County, WI Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Burnett County, Wisconsin has gradually declined from approximately 4.43% in 2012 to around 3.37% in 2021. The slight fluctuations each year don't indicate significant recovery or growth, which could suggest challenges in the local agricultural sector. For potential investors, developers, or residents, this trend might imply a shifting economic focus or potential risks in agricultural investments. A closer examination of the local economy and support for farming may provide better insights for those considering opportunities in Burnett County.
Number of Mortgages by Occupancy Type in Burnett County, WI Over the Last 5 Years in Burnett County
Burnett County, Wisconsin, has shown fluctuating mortgage counts across different occupancy types over the past five years. Notably, Principal Residences saw a spike in 2021 with 1,056 mortgages, a significant increase from 2018. Meanwhile, the number of Second Residence and Investment Property mortgages has remained relatively stable, with slight variations each year. Investors and builders should take note of these trends, as the heightened demand for Principal Residences may indicate a growing population or increasing property values in the area. For appraisers and insurance agents, understanding these shifts is crucial for accurate property valuation and risk assessment, while real estate agents can leverage this data to tailor marketing strategies effectively.
Economic Outlook
Burnett County, Wisconsin, has seen a steady rise in average taxable income per tax return, increasing from $42,826.43 in 2013 to $64,284.51 in 2021. This growth, especially the significant jumps between certain years, indicates a strengthening local economy, which could suggest a growing market and rising property values. Average state and local income taxes per tax return also increased, jumping notably to $9,723.08 in 2018 before stabilizing around $8,550.00 by 2021. Meanwhile, the average... Read more
Average Taxable Income per Tax Return in Burnett County, WI over the last 9 years
Burnett County, Wisconsin has seen a steady rise in average taxable income per tax return over the past nine years. From $42,826.43 in 2013 to $64,284.51 in 2021, this growth indicates a strengthening local economy. Significant jumps, particularly between 2017 and 2018, where income rose by more than $7,000, suggest possible economic booms or favorable local policies. This trend is essential for investors, real estate agents, and insurance agents evaluating the area, as it could point to a growing market and rising property values.
Average State and Local Income Taxes Per Tax Return in Burnett County, WI Over the Last 10 Years
Over the last decade, Burnett County in Wisconsin has seen a marked increase in average state and local income taxes per tax return, reflecting a trend that may be important for potential investors and residents to consider. Beginning at $4,634.04 in 2012, the rate experienced a consistent climb, notably jumping to $9,723.08 in 2018. Despite some fluctuations, it settled at approximately $8,550.00 by 2021. This upward trajectory could signal changes in local economic policies or shifts in income levels, impacting everything from property appraisals to insurance premiums. The noticeable spike in 2018, followed by a more stabilized yet elevated rate, might imply underlying economic conditions that prospective real estate agents and builders should carefully evaluate before investing or making significant moves.
Average Total Tax Liability Per Tax Return in Burnett County, WI Over the Last 10 Years
Burnett County, Wisconsin, has experienced a notable increase in average total tax liability per tax return over the past decade, rising from around $5,385.74 in 2012 to approximately $8,745.51 in 2021. This upward trend suggests a gradual increase in either income levels or taxation rates, which could impact property values and overall cost of living. Potential investors, real estate agents, and those looking to move into the area should account for these rising tax liabilities when planning their finances. Such trends can also drive insurance adjustments and influence appraisal values due to the changes in the economic environment.
Cost of Living in Burnett County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,104 | $1,355 | $2,215 | $1,589 | $1,503 |
| 1 adult 4 children | $1,104 | $1,107 | $1,697 | $1,589 | $1,648 |
| 2 adults 3 children | $1,104 | $1,107 | $1,921 | $1,589 | $1,236 |
| 1 adult 3 children | $1,104 | $904 | $1,402 | $1,589 | $1,376 |
| 2 adults 2 children | $907 | $906 | $1,627 | $1,384 | $1,017 |
| 1 adult 2 children | $907 | $677 | $1,108 | $1,384 | $1,062 |
| 2 adults 1 child | $907 | $716 | $1,332 | $717 | $884 |
| 1 adult 1 child | $907 | $463 | $813 | $717 | $771 |
| 2 adults | $689 | $575 | $1,038 | $0 | $642 |
| 1 adult | $606 | $314 | $519 | $0 | $553 |
Safety trends & Data
Burnett County, Wisconsin has experienced a rollercoaster in property crime rates over the past five years. Burglary and larceny-theft incidents hit their highest in 2018 with 11 and 21 cases but have since declined. Motor vehicle theft remains stable, with about 5-6 cases annually. Vandalism saw a spike in 2019 with 15 incidents. While other crimes like fraud and the handling of stolen property stayed low, these crime trends could be a useful reference for investors, real estate agents,... Read more
Property Crime Trends in Burnett County, WI Over the Last 5 Years
Over the last five years, Burnett County, Wisconsin has seen fluctuations in property crime rates. Burglary and larceny-theft incidents have shown notable ups and downs, peaking in 2018 with 11 and 21 cases respectively before dipping in subsequent years. Motor vehicle theft remains relatively steady, hovering around 5-6 incidents annually. Vandalism, rather sporadic, peaked in 2019 with 15 cases. Fraud and the buying, receiving, or possessing of stolen property have remained relatively low. These trends may interest potential investors and real estate agents looking to gauge area safety, while appraisers and insurance agents might view the data when determining property values and coverage premiums.
Demographics
Burnett County, Wisconsin presents an adult population that's slightly skewed towards males, with 7037 males compared to 6695 females. The region exhibits diverse educational attainment, with a notable portion being high school graduates and less representation in higher education degrees like bachelor's or graduate degrees. Age distribution largely favors older demographics, particularly those aged 55 to 74. Racial composition is predominantly White, with Black or African American, American... Read more
Race Distribution in Burnett County, Wisconsin (2022)
Educational Attainment in Burnett County, Wisconsin (2022)
Age Distribution in Burnett County, Wisconsin
Citizen Population in Burnett County, Wisconsin (2022)
Political Trends & Data
Burnett County, Wisconsin, displayed a notable Republican dominance in the 2020 U.S. Presidential Election with nearly 64% of the vote. Democrats captured approximately 35%, while third-party candidates had little impact. This strong Republican base could potentially shape local policies and election results in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Burnett County, Wisconsin shows a significant lean toward the Republican party, which garnered nearly 64% of the vote in the 2020 U.S. Presidential Election. The Democratic party trailed with around 35%, while third-party candidates received less than 1% each. This distribution suggests a strong Republican base in the area, potentially influencing local policies and election outcomes.
63.72% of voters voted for the Republican party in the 2020 Presidential Election
35.19% of voters voted for the Democrat party in the 2020 Presidential Election
0.85% of voters voted for the Livertarian party in the 2020 Presidential Election
0.01% of voters voted for the Green party in the 2020 Presidential Election
0.23% of voters voted for the Other party in the 2020 Presidential Election
School Data
Burnett County, Wisconsin's student-to-teacher ratio has dropped from over 25 in 2014 to around 12.6 in 2023, notably below the national average of 14 students per teacher. This decline might signal a stronger focus on education, enhancing the appeal for families and educators. Such trends could affect local real estate dynamics, potentially boosting property values as demand for homes in areas with better educational resources... Read more
Student-to-teacher ratio in Burnett County, Wisconsin over the last 9 years
Burnett County, Wisconsin has seen a notable decline in its student-to-teacher ratio over the past nine years, dropping from over 25 in 2014 to around 12.6 in 2023. This shift is significant when you consider the current U.S. national average is 14 students per teacher; Burnett County now boasts smaller class sizes, possibly indicating more individualized attention for students. For those looking to invest or move to the area, this trend may suggest a growing emphasis on education. Lower ratios could also appeal to educators seeking a more intimate teaching environment, which might influence local real estate dynamics and property values.
