Calumet County Real Estate and Livability Trends
Calumet County, Wisconsin's real estate market is seeing a significant uptrend, with median home values reaching $234,000 in 2022, outpacing both state and national averages. The increase in taxable incomes from $62,584.40 in 2013 to $84,872.62 in 2021 hints at a robust local economy, despite a temporary dip in 2020. The county's rising average state and local income taxes, jumping from $6,471.19... Read more
Calumet County Market Trends
The median home values in Calumet County, Wisconsin have surged to $234,000 in 2022, surpassing both the state and national averages, hinting at a robust real estate market potentially driven by local economic growth or increased demand. The average residential energy tax credits also saw significant spikes, peaking at $680.39 in 2021, possibly due to heightened energy efficiency initiatives or... Read more
Median Value of Occupied Housing Units in Calumet County, Wisconsin Over the Last 8 Years
The median home values in Calumet County, Wisconsin have shown a steady upward trend over the past eight years, peaking at $234,000 in 2022. This growth outpaces both the state of Wisconsin, which reached $231,400, and the national median, which was $179,400 the same year. For potential investors and homebuyers, this could imply a stronger real estate market and possibly higher returns on investments in Calumet County compared to other areas. The increase might also be indicative of a local economic boom or an influx of demand, making it an attractive option for both relocators and developers looking to tap into the county's rising housing market.
Residential Energy Tax Credit Per Tax Return in Calumet County, WI Over the Last 8 Years
Calumet County, Wisconsin has seen notable fluctuations in average residential energy tax credits per tax return over the past eight years. After starting at $264.63 in 2013, there was a marked increase peaking at $680.39 in 2021. Such variability may be indicative of changing energy efficiency incentives or homeowner investments in energy-saving measures. These trends could provide valuable insights for investors, appraisers, and real estate agents looking to understand the appeal and cost savings of residential properties in the area. Similarly, insurance agents and those in property development might find these patterns suggestive of evolving homeowner priorities regarding energy-efficient home improvements.
Average Real Estate Taxes Per Tax Return in Calumet County, WI Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Calumet County, Wisconsin have shown a general upward trend, starting at approximately $4,062.72 in 2012 and spiking to $5,959.38 by 2020 before a slight decrease to $5,682.50 in 2021. Potential investors and homeowners might infer that rising property taxes reflect growing property values or increased county levies, indicating a possibly thriving real estate market. However, the significant spike observed between 2017 and 2018, from $4,500.36 to $5,497.93, suggests a notable period of change that could impact future financial planning. For appraisers and insurance agents, understanding these trends is crucial in assessing property values and associated risks accurately.
Percentage of Farm Returns in Calumet County, WI Over the Last 10 Years
Over the last decade, Calumet County in Wisconsin has seen a gradual decline in the percentage of farm tax returns filed. Starting at approximately 2.73% in 2012, this figure dipped to around 2.49% by 2016 and further to roughly 1.99% by 2021. Farm tax returns typically reflect agricultural economic activity in the area, indicating the income generated from farming operations. The decline could be indicative of a shrinking farming population or economic pressures on the agricultural sector. This trend may matter for those considering investment or development opportunities, as it could reflect broader economic shifts affecting land use and community structures in this rural county.
Number of Mortgages by Occupancy Type in Calumet County, WI Over the Last 5 Years in Calumet County
The number of mortgages for principal residences in Calumet County, Wisconsin has generally been much higher than those for investment or second properties over the past five years. Notably, there was a significant increase in principal residence mortgages in 2020, but a sharp decline in 2022. This trend might impact investors, as fluctuations in the demand for principal residences could indicate changing market conditions, potentially affecting property values and rental demand. For appraisers and real estate agents, these shifts underscore the importance of staying current with market developments to make informed decisions and valuations. Insurance agents might also find these trends relevant when assessing risks and setting premiums for different types of properties.
Economic Outlook
Calumet County, Wisconsin has experienced a notable rise in average taxable income per tax return, climbing from $62,584.40 in 2013 to $84,872.62 in 2021, apart from a slight drop in 2020. This trend hints at a strong economic environment that could attract investors and new residents. Additionally, average state and local income taxes per tax return have significantly increased, jumping from $6,471.19 in 2012 to $11,813.22 in 2021, especially between 2017 and 2018. This evolving tax landscape... Read more
Average Taxable Income per Tax Return in Calumet County, WI over the last 9 years
Calumet County, Wisconsin has seen a generally upward trend in average taxable income per tax return over the past nine years, with figures rising from $62,584.40 in 2013 to $84,872.62 in 2021. Notably, there was a slight dip in 2020, potentially reflecting broader economic challenges during this period. This pattern suggests a robust economic environment that could appeal to investors, real estate agents, and those considering moving to the area. For appraisers and insurance agents, understanding these income trends might be crucial for accurate property evaluations and risk assessments.
Average State and Local Income Taxes Per Tax Return in Calumet County, WI Over the Last 10 Years
Over the past decade, Calumet County, Wisconsin, has seen a notable increase in average state and local income taxes per tax return, jumping from $6,471.19 in 2012 to $11,813.22 in 2021. Major hikes occurred between 2017 and 2018, where the tax burden grew substantially from $7,361.26 to $10,816.78. For potential investors and new residents, these fluctuations suggest a changing economic environment that may impact financial planning. Real estate agents and appraisers should particularly note these trends when considering property values and making market assessments.
Average Total Tax Liability Per Tax Return in Calumet County, WI Over the Last 10 Years
Over the past decade, Calumet County, Wisconsin has seen a gradual yet noticeable increase in the average total tax liability per tax return. Starting at $8,772.94 in 2012, the average liability rose to $13,036.28 by 2021, with small fluctuations along the way. This trend suggests a growing economic base and potentially higher incomes or property values, which could be pertinent to those looking to invest, build or work in the area. Appraisers and insurance agents might also find this information useful for adjusting market assessments and risk calculations. For prospective residents or real estate agents, this data indicates an evolving financial landscape worth monitoring.
Cost of Living in Calumet County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,287 | $1,472 | $1,814 | $2,180 | $1,732 |
| 1 adult 4 children | $1,287 | $1,202 | $1,395 | $2,180 | $1,907 |
| 2 adults 3 children | $1,287 | $1,202 | $1,570 | $2,180 | $1,464 |
| 1 adult 3 children | $1,287 | $982 | $1,151 | $2,180 | $1,624 |
| 2 adults 2 children | $961 | $984 | $1,326 | $1,896 | $1,112 |
| 1 adult 2 children | $961 | $735 | $907 | $1,896 | $1,222 |
| 2 adults 1 child | $961 | $778 | $1,082 | $974 | $912 |
| 1 adult 1 child | $961 | $502 | $663 | $974 | $840 |
| 2 adults | $758 | $625 | $838 | $0 | $638 |
| 1 adult | $690 | $341 | $419 | $0 | $561 |
Safety trends & Data
Property crime trends in Calumet County, Wisconsin, show interesting fluctuations over the past five years. While larceny-theft peaked with 46 incidents in 2020, there's been a notable decrease in motor vehicle theft and embezzlement cases. Vandalism surged in 2019 but has since stabilized, and burglary numbers spiked in 2022 following a period of decline. These shifting trends could influence investment strategies, real estate valuations, and insurance premiums for current and prospective... Read more
Property Crime Trends in Calumet County, WI Over the Last 5 Years
Calumet County, Wisconsin has seen fluctuating property crime trends over the past five years. While larceny-theft remains the most common crime with a peak of 46 incidents in 2020, there's been a notable decline in motor vehicle theft and embezzlement cases. Vandalism cases surged in 2019 but have since stabilized. Interestingly, burglary numbers spiked in 2022 after a few years of decline. These trends suggest that while some types of property crimes are decreasing, others may be rising or fluctuating, which could impact investment strategies, real estate valuations, and insurance premiums for current and prospective residents.
Demographics
Calumet County, Wisconsin, shows a balanced distribution of male and female adults, with slightly more males. Educational attainment highlights that a significant portion of adults has completed at least a high school diploma, while a notable number hold bachelor's degrees or higher. The age distribution underscores a diverse population, with a considerable segment in the 35 to 64-year range, which may influence workforce dynamics. Racially, the county is predominantly White, with small but... Read more
Race Distribution in Calumet County, Wisconsin (2022)
Educational Attainment in Calumet County, Wisconsin (2022)
Age Distribution in Calumet County, Wisconsin
Citizen Population in Calumet County, Wisconsin (2022)
Political Trends & Data
Calumet County, Wisconsin, exhibited a conservative leaning in the 2020 U.S. Presidential Election, with Republicans possibly securing around 59% of the votes. Democrats seemed to have achieved nearly 39%, and Libertarians just over 1%. Such distribution might reflect a solid conservative stance, yet the presence of votes for minor parties could imply a spectrum of political diversity within the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Calumet County, Wisconsin, appears to have leaned towards the Republican party in the 2020 U.S. Presidential Election, with Republicans potentially securing around 59% of the vote. Democrats seem to have garnered nearly 39%, while Libertarians might have achieved just over 1%. Minor parties like the Green and Other categories likely gained negligible shares, perhaps barely reaching 0.5% combined. This distribution could suggest a solid conservative stance in the area, though the presence of third-party and minor party votes may indicate some level of political diversity.
59.00% of voters voted for the Republican party in the 2020 Presidential Election
39.37% of voters voted for the Democrat party in the 2020 Presidential Election
1.18% of voters voted for the Livertarian party in the 2020 Presidential Election
0.02% of voters voted for the Green party in the 2020 Presidential Election
0.43% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Calumet County, Wisconsin has remained below the national average, sitting at 13 students per teacher in 2023. This slight increase from 12.87 in previous years still indicates relatively small class sizes. Such conditions may appeal to families valuing personalized education or to educators seeking manageable classroom environments, thereby enhancing the area's attractiveness to potential homebuyers with school-aged... Read more
Student-to-teacher ratio in Calumet County, Wisconsin over the last 9 years
The student-to-teacher ratio in Calumet County, Wisconsin has generally remained below the US national average of fourteen students per teacher over the last nine years. As of 2023, the ratio is 13 students per teacher, having seen a slight increase from 12.87 in 2020 and 2021. This relatively low ratio may suggest smaller class sizes, which could be advantageous for families prioritizing personalized education or for educators seeking manageable classroom environments. For real estate agents or investors, this trend could make the area more appealing to potential homebuyers with school-aged children.
