Chippewa County Real Estate and Livability Trends
Chippewa County, Wisconsin's real estate market reflects a notable rise in median home values from $148,500 in 2015 to $215,300 in 2022, indicating strong local appreciation that beats out national and state averages. Alongside this, the average residential energy tax credit jumping to $808.89 in 2021 shows increasing homeowner investments in energy efficiency. However, with real estate taxes... Read more
Chippewa County Market Trends
Chippewa County, Wisconsin has seen its median home values climb from $148,500 in 2015 to $215,300 in 2022, outpacing national and some state gains. The notable 2021 rise in the average residential energy tax credit to $808.89 suggests increasing investments in energy-efficient home improvements. Real estate taxes have ramped up significantly, from roughly $3,285.95 in 2012 to $5,117.12 in 2021,... Read more
Median Value of Occupied Housing Units in Chippewa County, Wisconsin Over the Last 8 Years
Over the past eight years, Chippewa County in Wisconsin has seen its median home values rise from $148,500 in 2015 to $215,300 in 2022. This increase exceeds the national rise from $125,500 to $179,400 during the same period, as well as the statewide increase from $165,800 to $231,400. For those looking to invest or move, this suggests robust growth in property values locally, potentially indicating a strong housing market, relative affordability when compared to state trends, and increasing demand in the area.
Residential Energy Tax Credit Per Tax Return in Chippewa County, WI Over the Last 9 Years
Chippewa County, Wisconsin has seen some fluctuations in the average residential energy tax credit per tax return over the past nine years, peaking dramatically in 2018 at $2,800.00 and hitting a low in 2018 at $2800.00. More recently, 2021 data shows a notable increase to $808.89, suggesting possible rising interest or investments in energy-efficient home improvements. For potential investors, homeowners, and real estate professionals, these trends could indicate a growing awareness and adoption of energy-efficient technologies in the region, potentially impacting property values and utility costs.
Average Real Estate Taxes Per Tax Return in Chippewa County, WI Over the Last 10 Years
Over the past decade, Chippewa County, Wisconsin has seen a noticeable increase in average real estate taxes per tax return, rising from approximately $3,285.95 in 2012 to around $5,117.12 in 2021. This trend could indicate growing property values or changes in tax rates, making the area a potentially attractive option for real estate investors. However, this upward pattern in real estate taxes may also concern current and prospective homeowners considering the long-term affordability and financial implications of owning property in the county.
Percentage of Farm Returns in Chippewa County, WI Over the Last 10 Years
Over the last decade, Chippewa County, Wisconsin has seen a slight decline in farm tax returns, from 4.49% in 2012 to 3.81% in 2021. This subtle downturn may suggest changes in the agricultural sector, perhaps due to market conditions, technological advances, or shifts towards other industry sectors. Farm tax returns, representing the percentage of tax filings related to agricultural activities, serve as an indicator of the farming community's economic engagement within the county. For potential investors or those looking to build property, this trend could imply evolving land use and economic priorities, which might be a critical consideration in strategic decision-making.
Number of Mortgages by Occupancy Type in Chippewa County, WI Over the Last 5 Years in Chippewa County
In Chippewa County, Wisconsin, the mortgage counts for principal residences have fluctuated notably over the past five years, peaking at 5,054 in 2020 and dropping to 2,598 in 2022. There’s been a relatively stable interest in investment properties, holding steady around 150 to 205 per year. Second residences show a minor decrease, falling from 156 in 2020 to 78 in 2022. Shifts in occupancy type data could illuminate market trends, such as a potential cooling in the demand for primary homes, which might impact property valuations, investment strategies, and insurance risk assessments. Understanding these dynamics is crucial for stakeholders considering long-term investments or property development in the region.
Economic Outlook
Chippewa County, Wisconsin has experienced a boost in average taxable income per tax return, from $50,080.63 in 2013 to $75,086.27 in 2021, signaling a potentially stronger local economy. Over the last decade, state and local income taxes per return have spiked from $5,925.16 to $14,408.26, hinting at shifts in fiscal policies. Average tax liability also increased, reaching $11,817.92 in 2021, likely due to rising incomes or property values. The poverty rate has fluctuated but decreased to 8.0%... Read more
Average Taxable Income per Tax Return in Chippewa County, WI over the last 9 years
Over the last nine years, Chippewa County, Wisconsin has seen a notable increase in average taxable income per tax return, growing from approximately $50,080.63 in 2013 to around $75,086.27 in 2021. This upward trend suggests a strengthening local economy and could signal opportunities for real estate investors, developers, and potential residents seeking a stable financial environment. Such steady growth in income levels might also impact property values and insurance premiums, making the area more attractive for investment and financial planning.
Average State and Local Income Taxes Per Tax Return in Chippewa County, WI Over the Last 10 Years
Over the last decade, Chippewa County, Wisconsin has seen a notable rise in average state and local income taxes per tax return, escalating from about $5,925.16 in 2012 to roughly $14,408.26 in 2021. This sharp increase, especially between 2017 and 2021, suggests potential changes in local fiscal policies or shifts in economic conditions impacting taxpayers. These trends could be crucial for prospective investors, property developers, or real estate professionals analyzing the financial landscape of the area. The data also holds significant implications for appraisers and insurance agents assessing property values and liabilities.
Average Total Tax Liability Per Tax Return in Chippewa County, WI Over the Last 10 Years
Average tax liability per return in Chippewa County, Wisconsin has shown a general upward trend over the past decade. Starting at $6,782.49 in 2012, it reached $11,817.92 in 2021, with significant increases particularly in recent years. Noteworthy spikes occurred between 2016 and 2017 and again between 2019 and 2020. This escalation in tax liability might hint at rising incomes or increased property values, potentially signaling economic growth in the area. Investors, appraisers, and real estate agents could see these trends as indicators of a robust and appreciating market, though it's wise to consider these figures with a critical eye regarding what drives these changes.
Cost of Living in Chippewa County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,285 | $1,424 | $2,182 | $2,198 | $1,835 |
| 1 adult 4 children | $1,285 | $1,163 | $1,679 | $2,198 | $1,981 |
| 2 adults 3 children | $1,285 | $1,163 | $1,888 | $2,198 | $1,546 |
| 1 adult 3 children | $1,285 | $949 | $1,385 | $2,198 | $1,711 |
| 2 adults 2 children | $944 | $952 | $1,594 | $1,922 | $1,193 |
| 1 adult 2 children | $944 | $711 | $1,091 | $1,922 | $1,283 |
| 2 adults 1 child | $944 | $752 | $1,300 | $1,025 | $967 |
| 1 adult 1 child | $944 | $486 | $797 | $1,025 | $863 |
| 2 adults | $739 | $604 | $1,006 | $0 | $648 |
| 1 adult | $660 | $330 | $503 | $0 | $565 |
Safety trends & Data
Larceny-theft has potentially been the most reported property crime in Chippewa County, Wisconsin, peaking at 290 incidents in 2018 and remaining high in the following years. There have been notable fluctuations in fraud and vandalism, particularly with fraud spiking to 53 cases and vandalism to 57 in 2020. Burglary, motor vehicle theft, and forgery and counterfeiting have shown more stable figures, making them significant but less volatile components of the property crime landscape.... Read more
Property Crime Trends in Chippewa County, WI Over the Last 5 Years
Larceny-theft has consistently been the most reported property crime in Chippewa County, Wisconsin, with numbers peaking at 290 incidents in 2018 and remaining substantial over subsequent years. Fraud and vandalism have also shown notable fluctuations, with spikes in fraud cases in 2020 reaching 53, while vandalism similarly peaked at 57 in the same year. Despite occasional variations, burglary, motor vehicle theft, and forgery and counterfeiting maintain relatively steady figures, making them significant but less volatile elements of the overall property crime landscape. These trends are crucial for potential investors, real estate agents, and locals to understand the security dynamics and potential risks involved in the area.
Demographics
Male adults seem to make up a slightly larger portion of Chippewa County, Wisconsin's population than females. High school graduates and those with "Some college, no degree" dominate the educational attainment landscape, hinting at workforce-ready skills yet potentially untapped academic potential. The age demographics show a broad spread, with notable representation in the 55 to 64-year bracket, suggesting a significant portion of the population is nearing retirement age. While predominantly... Read more
Race Distribution in Chippewa County, Wisconsin (2022)
Educational Attainment in Chippewa County, Wisconsin (2022)
Age Distribution in Chippewa County, Wisconsin
Citizen Population in Chippewa County, Wisconsin (2022)
Political Trends & Data
Chippewa County, Wisconsin, appears to lean conservative based on the 2020 Presidential Election results, with Republicans potentially receiving around 59% of the votes. Democrats likely held about 39%, showing a significant yet not absolute conservative preference. Support for minor parties was minimal, with Libertarians capturing roughly 1.4%. This political landscape suggests a community that might favor conservative policies but still exhibits some political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Chippewa County, Wisconsin, the Republican party might have seen stronger voter support in the 2020 Presidential Election with approximately 59% of the votes. Democrats potentially garnered about 39%, trailing behind. Minor party and other candidate support seemed negligible, with Libertarians capturing around 1.4% and the Green party barely making a dent. This suggests a community that likely leans conservative, but not overwhelmingly so, indicating some degree of political diversity.
59.32% of voters voted for the Republican party in the 2020 Presidential Election
38.91% of voters voted for the Democrat party in the 2020 Presidential Election
1.39% 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
0.37% of voters voted for the Other party in the 2020 Presidential Election
School Data
Chippewa County, Wisconsin's student-to-teacher ratio has dropped from 16 students per teacher in 2014 to about 15 by 2023, trending closer to the national average of 14 students per teacher. This shift may appeal to families seeking a more personalized education for their children, which could potentially influence relocation decisions. Such trends could be relevant for real estate agents focusing on the area's educational quality and for appraisers and insurance agents evaluating community... Read more
Student-to-teacher ratio in Chippewa County, Wisconsin over the last 9 years
Chippewa County, Wisconsin's student-to-teacher ratio has fluctuated over the past nine years, starting at 16 students per teacher in 2014 and gradually decreasing to around 15 by 2023. With the ratio now closer to the national average of approximately 14 students per teacher, the county could potentially offer a more personalized education experience. These trends might be particularly relevant for families considering relocation, real estate agents highlighting local educational quality, and appraisers and insurance agents assessing community investments. Reduced ratios are often seen as enhancing classroom attention and engagement, which can be an appealing factor for those investing in the area's future growth and educational infrastructure.
