Eau Claire County Real Estate and Livability Trends
Eau Claire County, Wisconsin, has seen a remarkable surge in average taxable income per tax return, jumping from $56,220.04 in 2013 to $86,640.29 in 2021, hinting at favorable conditions for real estate investments. Median home values escalated from $152,000 in 2015 to $226,400 in 2022, surpassing national trends, though rising property taxes—from $3,880.43 in 2012 to $5,939.32 in 2021—pose... Read more
Eau Claire County Market Trends
Median home values in Eau Claire County, Wisconsin have risen from $152,000 in 2015 to $226,400 in 2022, mirroring the state's growth but outpacing the national increase. Real estate taxes there have also climbed, from about $3,880.43 in 2012 to $5,939.32 in 2021, suggesting appreciating property values but raising affordability concerns for new buyers. The average Residential Energy Tax Credit... Read more
Median Value of Occupied Housing Units in Eau Claire County, Wisconsin Over the Last 8 Years
Median home values in Eau Claire County, Wisconsin have advanced from $152,000 in 2015 to $226,400 in 2022, reflecting a consistent upward trend. When compared to the broader state of Wisconsin, which moved from $165,800 to $231,400 during the same period, Eau Claire County seems to be climbing at a comparable rate. Nationally, median home values increased from $125,500 to $179,400. This indicates that Eau Claire County’s growth outpaces the national average, potentially making the area a lucrative option for investors and homebuyers seeking value appreciation.
Residential Energy Tax Credit Per Tax Return in Eau Claire County, WI Over the Last 9 Years
Eau Claire County, Wisconsin, has seen significant fluctuations in the average Residential Energy Tax Credit per tax return over the past nine years. Notably, the credit peaked in 2018 at $2,516.67, a substantial jump compared to previous years. This spike may indicate increased adoption of energy-efficient home upgrades or possibly changes in tax credit structures that year. However, in subsequent years, the credit normalized to lower values, yet remains higher than early years, hovering around $906.35 in 2021. These trends could be essential for potential investors, builders, or real estate agents to understand shifts in homeowner behavior towards energy efficiency and the corresponding financial incentives available.
Average Real Estate Taxes Per Tax Return in Eau Claire County, WI Over the Last 10 Years
In Eau Claire County, Wisconsin, the average real estate taxes per tax return have generally shown a rising trend over the past decade, increasing from approximately $3,880.43 in 2012 to around $5,939.32 in 2021. This upward trajectory could signal an appreciating real estate market, potentially making the area more attractive to investors due to increasing property values. However, higher taxes may also affect affordability for new homebuyers and influence insurance premiums. Real estate agents and appraisers might find this data particularly useful for understanding market dynamics and advising clients accordingly.
Percentage of Farm Returns in Eau Claire County, WI Over the Last 10 Years
Over the past decade, Eau Claire County, Wisconsin has experienced a subtle decline in the percentage of farm tax returns, dipping from approximately 2.13% in 2012 to roughly 1.83% by 2021. Farm tax returns reflect the number of tax filings by farming operations, indicating how integral agriculture is to the local economy. This gradual decrease might signal a shift in local land use or economic focus, which could be significant for potential investors, property developers, and regional planners keeping an eye on rural property trends and opportunities.
Number of Mortgages by Occupancy Type in Eau Claire County, WI Over the Last 5 Years in Eau Claire County
Eau Claire County, Wisconsin has seen notable fluctuations in mortgage types over the past five years. Principal residences consistently lead in mortgage counts, recently peaking in 2021 with 6,620, but dropping to 4,000 in 2022. Investment properties saw a general rise until 2021, then a decline to 325 in 2022. Second residences remain negligible but steady. Shifts in occupancy types can signal changing economic conditions, investor sentiment, and demographic shifts, impacting property values, insurance rates, and demand for real estate and construction projects. Understanding these trends helps investors, builders, and agents make informed decisions.
Economic Outlook
Eau Claire County, Wisconsin, has seen an increase in average taxable income per tax return from $56,220.04 in 2013 to $86,640.29 in 2021, suggesting favorable investment conditions and potentially higher property values. Over the past decade, average state and local income taxes have surged significantly, pointing to a dynamic economic environment that could reflect rising incomes or changes in tax policy. Additionally, average total tax liability per tax return rose from $9,496.46 in 2012 to... Read more
Average Taxable Income per Tax Return in Eau Claire County, WI over the last 9 years
Eau Claire County, Wisconsin has seen a notable uptick in average taxable income per tax return over the past nine years, with figures escalating from approximately $56,220.04 in 2013 to around $86,640.29 in 2021. This upward trajectory, despite minor fluctuations, indicates a consistent rise in economic prosperity, likely signaling favorable conditions for investments and real estate. For appraisers and insurance agents, the escalating incomes might suggest an increase in property values and insurance premiums. Real estate agents and potential home builders could see this as an enticing sign of a thriving housing market in the county.
Average State and Local Income Taxes Per Tax Return in Eau Claire County, WI Over the Last 10 Years
Over the past decade in Eau Claire County, Wisconsin, there's been a notable uptick in average state and local income taxes per tax return, a potentially significant consideration for investors and home buyers evaluating the area's economic landscape. In 2012, the figures started around $7,310.99 but saw a dramatic increase by 2021, hitting $28,400.00. Particularly impressive was the substantial jump from $10,461.37 in 2017 to $19,625.83 in 2018. This trend suggests a dynamic economic environment, and while it might imply a growing tax burden, it could also reflect a robust increase in taxable incomes or changes in local tax policy.
Average Total Tax Liability Per Tax Return in Eau Claire County, WI Over the Last 10 Years
Eau Claire County, Wisconsin, has experienced fluctuating yet generally upward trends in average total tax liability per tax return over the past decade. Observing a notable increase from $9,496.46 in 2012 to $15,930.99 in 2021, there's evident growth, especially between 2014 and 2021. This upward trend could serve as an indicator of rising property values, economic development, or resilience in the local economy, making it a potentially attractive spot for investors, homebuyers, and real estate professionals. This escalation in tax liabilities may also suggest higher earnings in the area or improvements in local facilities and services, valuable insights for appraisers and insurance agents alike.
Cost of Living in Eau Claire County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,226 | $1,609 | $2,182 | $2,190 | $1,814 |
| 1 adult 4 children | $1,226 | $1,314 | $1,679 | $2,190 | $1,937 |
| 2 adults 3 children | $1,226 | $1,314 | $1,888 | $2,190 | $1,512 |
| 1 adult 3 children | $1,226 | $1,073 | $1,385 | $2,190 | $1,657 |
| 2 adults 2 children | $900 | $1,076 | $1,594 | $1,922 | $1,163 |
| 1 adult 2 children | $900 | $804 | $1,091 | $1,922 | $1,233 |
| 2 adults 1 child | $900 | $850 | $1,300 | $1,051 | $947 |
| 1 adult 1 child | $900 | $549 | $797 | $1,051 | $829 |
| 2 adults | $705 | $683 | $1,006 | $0 | $626 |
| 1 adult | $630 | $373 | $503 | $0 | $543 |
Safety trends & Data
Eau Claire County, Wisconsin, has seen fluctuations in property crime over the last five years. Larceny-theft remains the most common, peaking at 582 cases in 2019 and dipping to 317 in 2021, while fraud incidences rose to a high of 197 in 2021 from 73 in 2018, though they decreased to 116 in 2022. Burglary figures increased to 71 in 2020 but have since stabilized in the lower 60s, and arson cases spiked to 7 in 2022 after years at a steady count of 1. These trends could affect perceptions of... Read more
Property Crime Trends in Eau Claire County, WI Over the Last 5 Years
Eau Claire County, Wisconsin, has seen some fluctuations in property crime over the last five years. Larceny-theft consistently leads as the most common property crime, peaking at 582 instances in 2019 and dipping to 317 in 2021. Fraud instances show a noticeable climb, reaching a high of 197 cases in 2021 from 73 in 2018, although it decreased to 116 in 2022. Burglary numbers have bounced around, with a notable increase to 71 in 2020 before stabilizing near the lower 60s. Motor vehicle theft and embezzlement have remained relatively constant, while arson incidents spiked to 7 in 2022 from a steady count of 1 in earlier years. These trends can impact perceptions of safety and influence everything from property values to insurance rates, making it crucial for those invested in the area to stay informed.
Demographics
Eau Claire County in Wisconsin shows a fairly balanced gender split with a slight female majority. Younger adults aged 20 to 34 represent a significant portion, hinting at a potentially vibrant workforce. Education levels vary, but almost half of the adult population has at least some college education, including associate or bachelor’s degrees. Racially, the county is predominantly White, but there are small, diverse communities contributing to the area's cultural fabric. These trends may... Read more
Race Distribution in Eau Claire County, Wisconsin (2022)
Educational Attainment in Eau Claire County, Wisconsin (2022)
Age Distribution in Eau Claire County, Wisconsin
Citizen Population in Eau Claire County, Wisconsin (2022)
Political Trends & Data
Eau Claire County, Wisconsin's real estate market could be influenced by its political landscape, where Democrats slightly outpaced Republicans in the 2020 U.S. Presidential Election, securing about 54.26% of the vote compared to 43.49% for Republicans. Libertarians and other minor parties received minimal support, around 1.59%. This competitive two-party dynamic may impact local policies and investments, contributing to a potentially unpredictable market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Eau Claire County, Wisconsin, the 2020 U.S. Presidential Election results suggest that Democrats may have had a slight edge, receiving approximately 54.26% of the vote. Republicans followed closely with about 43.49%, indicating potential competitive dynamics in the area. Libertarians garnered a minuscule share at nearly 1.59%, while votes for Green and other parties were almost negligible. This distribution hints at a largely two-party system, with minor party influences being quite limited.
43.49% of voters voted for the Republican party in the 2020 Presidential Election
54.26% of voters voted for the Democrat party in the 2020 Presidential Election
1.59% of voters voted for the Livertarian party in the 2020 Presidential Election
0.04% of voters voted for the Green party in the 2020 Presidential Election
0.63% of voters voted for the Other party in the 2020 Presidential Election
School Data
Eau Claire County, Wisconsin has seen its student-to-teacher ratio decline from about 16 in 2014 to around 13 in 2023, suggesting a shift towards smaller class sizes. This trend, better than the national average of 14 students per teacher, could make the area more attractive to families prioritizing personalized education. For investors and real estate professionals, this could indicate promising opportunities in community development and housing... Read more
Student-to-teacher ratio in Eau Claire County, Wisconsin over the last 9 years
Eau Claire County, Wisconsin has seen fluctuating student-to-teacher ratios over the past nine years, dropping from a high of approximately 16 in 2014 to around 13 in 2023. This downward trend indicates a move toward smaller class sizes, which potentially enhances individual student attention and educational outcomes. Compared to the national average of 14 students per teacher, Eau Claire County's current ratio is slightly more favorable, suggesting the area might be appealing for families prioritizing personalized education. For investors, educators, and real estate professionals, these factors could signal promising opportunities in community development and housing markets, where strong educational frameworks add intrinsic value.
