Iowa County Real Estate and Livability Trends
In Iowa County, Wisconsin, median home values have surged from $163,300 in 2015 to $231,300 in 2022, significantly outpacing state and national averages. Concurrently, real estate taxes escalated to $5,939.29 in 2021, underscoring increased property values. Interestingly, a notable rise in residential energy tax credits in 2018 implies an uptick in energy-efficient home investments. However,... Read more
Iowa County Market Trends
Iowa County, Wisconsin has seen substantial growth in median home values, jumping from $163,300 in 2015 to $231,300 in 2022, far outpacing both the state and national averages. Residential energy tax credits have fluctuated significantly, with a notable increase to $3,800.00 in 2018, hinting at a rise in energy-efficient home investments. Real estate taxes have also surged, reaching $5,939.29 in... Read more
Median Value of Occupied Housing Units in Iowa County, Wisconsin Over the Last 8 Years
Iowa County, Wisconsin has experienced considerable growth in median home values over the past eight years, rising from $163,300 in 2015 to $231,300 in 2022. This surge outpaces the broader state trend and the national average, where values moved from $165,800 to $231,400 in Wisconsin and $125,500 to $179,400 nationwide during the same period. This suggests that Iowa County could be an appealing region for real estate investment or relocation, given its competitive appreciation rates relative to broader benchmarks.
Residential Energy Tax Credit Per Tax Return in Iowa County, WI Over the Last 9 Years
Over the past nine years, Iowa County, Wisconsin has seen considerable fluctuations in the average residential energy tax credit per tax return. Starting from a modest $255.17 in 2013, the amount surged to $3,800.00 in 2018, likely reflecting increased investments in energy-efficient home improvements or changes in tax incentives. More recent years have exhibited a slight decline but maintained higher values, with the credit at $1,283.33 in 2021. This trend might suggest growing awareness and adoption of energy-saving practices among residents, making it an intriguing factor for potential investors, homebuyers, and industry professionals considering the area.
Average Real Estate Taxes Per Tax Return in Iowa County, WI Over the Last 10 Years
Over the past decade, Iowa County, Wisconsin has seen a notable increase in average real estate taxes per tax return, rising from $4,236.55 in 2012 to $5,939.29 in 2021. This upward trend signifies increasing property tax burdens which could impact potential investments and the cost of living in the area. For appraisers and insurance agents, these figures highlight the need to stay updated with escalating property values and corresponding insurance adjustments. Moreover, real estate agents and developers might find these trends indicative of a growing real estate market, suggesting potential for both profit and rising appraisal values.
Percentage of Farm Returns in Iowa County, WI Over the Last 10 Years
Over the past decade, Iowa County, Wisconsin, has seen a gradual decline in the percentage of farm tax returns, dropping from around 10.58% in 2012 to approximately 9.39% by 2021. Farm tax returns indicate the proportion of farm-level revenue integrated into the local economy, reflecting the economic health and activity of the agricultural sector. For prospective investors, this trend might suggest fluctuating stability or challenges within the local agricultural market, essential for informed decision-making when considering property investments, relocations, or community involvement in the locality.
Number of Mortgages by Occupancy Type in Iowa County, WI Over the Last 5 Years in Iowa County
Iowa County, Wisconsin has experienced fluctuating mortgage counts over the past five years, with principal residences seeing the most significant variations. Notably, principal residences peaked in 2020 at 1,791 before dropping to 912 by 2022, indicating a potential cooling in the owner-occupied market. Investment properties have remained relatively stable, suggesting steady interest in rental markets. Second residences witnessed minor fluctuations, underscoring limited seasonal or luxury housing demands. Understanding these trends could help investors, appraisers, and real estate agents gauge market dynamics, anticipate future demands, and pinpoint lucrative opportunities within the county.
Economic Outlook
In Iowa County, Wisconsin, the average taxable income per tax return has climbed from around $52,370.32 in 2013 to approximately $78,694.97 by 2021. Concurrently, state and local income taxes increased from $5,906.95 in 2012 to $11,071.15 in 2021, with notable spikes in 2018 and 2020. The total tax liability also rose from $7,500.00 in 2012 to $12,399.70 in 2021. This trend suggests a stable economic environment, potentially heightening property value and making the area appealing to investors,... Read more
Average Taxable Income per Tax Return in Iowa County, WI over the last 9 years
Iowa County, Wisconsin has seen a notable rise in average taxable income per tax return over the past nine years. In 2013, the average was approximately $52,370.32, but by 2021, it had grown to roughly $78,694.97. This upward trend may indicate positive economic growth and increasing prosperity in the area, making it an attractive prospect for investors, potential residents, appraisers, and real estate agents. The year-on-year growth suggests a stable economic environment, beneficial for long-term investments and property development.
Average State and Local Income Taxes Per Tax Return in Iowa County, WI Over the Last 10 Years
Iowa County, Wisconsin, has seen a noticeable upward trend in average state and local income taxes per tax return over the past decade. Starting at around $5,906.95 in 2012, these figures have risen significantly, reaching $11,071.15 by 2021. There are notable spikes, particularly in 2018 and 2020, where values increased to $9,659.32 and $9,668.42, respectively. This upward trajectory could indicate changing economic conditions, impacts of policy changes, or shifts in the local economic landscape, making it an interesting point of consideration for prospective investors, real estate agents, and residents contemplating financial commitments in the area.
Average Total Tax Liability Per Tax Return in Iowa County, WI Over the Last 10 Years
Average total tax liability per tax return in Iowa County, Wisconsin has shown a notable upward trend over the past decade. Starting at $7,500.00 in 2012, a steady increase peaked at $12,399.70 in 2021. This suggests a growing economic activity and possibly increased property values in the region. Understanding these shifts is crucial for investors, real estate agents, and potential residents looking to gauge financial commitments and opportunities in Iowa County.
Cost of Living in Iowa County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,256 | $1,387 | $1,684 | $1,825 | $1,469 |
| 1 adult 4 children | $1,256 | $1,133 | $1,295 | $1,825 | $1,664 |
| 2 adults 3 children | $1,256 | $1,133 | $1,458 | $1,825 | $1,230 |
| 1 adult 3 children | $1,256 | $925 | $1,068 | $1,825 | $1,424 |
| 2 adults 2 children | $969 | $928 | $1,232 | $1,589 | $989 |
| 1 adult 2 children | $969 | $693 | $842 | $1,589 | $1,075 |
| 2 adults 1 child | $969 | $733 | $1,005 | $820 | $849 |
| 1 adult 1 child | $969 | $474 | $616 | $820 | $791 |
| 2 adults | $736 | $589 | $779 | $0 | $613 |
| 1 adult | $730 | $321 | $390 | $0 | $571 |
Safety trends & Data
Over the past five years, Iowa County, Wisconsin has seen some fluctuations in property crime trends. Larceny-theft peaked at 75.00 incidents in 2019 but has since declined. A brief spike in burglary occurred in 2020, while fraud and forgery surged in 2019, perhaps indicating economic pressures. Vandalism has been relatively steady, with a noticeable increase in 2019 at 25.00 cases. These crime trends could be a crucial factor for potential investors, appraisers, and future residents when... Read more
Property Crime Trends in Iowa County, WI Over the Last 5 Years
Over the last five years, Iowa County, Wisconsin has seen notable fluctuations in property crime. Larceny-theft reached a peak of 75.0 incidents in 2019 before dropping significantly in subsequent years. Burglary remained relatively low but experienced a brief increase in 2020. Instances of fraud and forgery surged in 2019, suggesting possible economic pressures or increased criminal activity in that period. Vandalism, one of the more consistent crimes, spiked in 2019 with 25.0 cases and maintained a moderating but persistent presence. Prospective investors, appraisers, and anyone looking to move to Iowa County should consider these trends for informed decision-making regarding property safety and valuations.
Demographics
The adult population in Iowa County, Wisconsin reveals a minimal gender imbalance, with a nearly equal distribution of males and females. Education levels indicate a strong presence of high school graduates and those with some college experience, which might suggest the importance of higher education paths in the community. Age distribution points to a sizable older population, particularly those aged 55 to 64, hinting at potential economic and healthcare needs. Racial demographics are... Read more
Race Distribution in Iowa County, Wisconsin (2022)
Educational Attainment in Iowa County, Wisconsin (2022)
Age Distribution in Iowa County, Wisconsin
Citizen Population in Iowa County, Wisconsin (2022)
Political Trends & Data
Iowa County, Wisconsin, shows a slight Democratic lean based on the 2020 U.S. Presidential Election results, where Democrats received approximately 55.9% of the votes. Republicans followed with around 42.2%, suggesting significant but non-majority support. Minor parties had a negligible impact, not exceeding 1.2% of the vote. This distribution likely points to a relatively stable, bipartisan political climate with limited influence from third... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Iowa County, Wisconsin, the 2020 U.S. Presidential Election results suggest a lean towards Democratic candidates, with an estimated 55.9% of the votes. Republicans garnered around 42.2%, indicating a considerable but not majority support. Libertarian and other minor parties collectively received minimal backing, with none surpassing 1.2%. These figures could imply a relatively stable bipartisan environment with limited traction for third-party movements.
42.23% of voters voted for the Republican party in the 2020 Presidential Election
55.95% of voters voted for the Democrat party in the 2020 Presidential Election
1.15% of voters voted for the Livertarian party in the 2020 Presidential Election
0.03% of voters voted for the Green party in the 2020 Presidential Election
0.64% of voters voted for the Other party in the 2020 Presidential Election
School Data
Iowa County, Wisconsin consistently posts a favorable student-to-teacher ratio, mostly around or below the national average of 14 students per teacher. In 2022, there was a brief spike to 14 students per teacher. This low ratio often appeals to education-focused families and can positively impact property values and demand, making it a key indicator for real estate agents, appraisers, and... Read more
Student-to-teacher ratio in Iowa County, Wisconsin over the last 9 years
Over the past nine years, Iowa County, Wisconsin has generally maintained a favorable student-to-teacher ratio, frequently hovering near or below the current national average of 14 students per teacher. Notably, there's a brief spike to 14 students per teacher in 2022. Changes in the student-to-teacher ratio can significantly impact educational quality, affecting classroom attention, school funding, and overall community attractiveness. Lower ratios tend to appeal to families prioritizing education and could influence property values and demand within the county. Real estate agents, appraisers, and investors might see this data as a marker for the area's educational commitment, potentially enhancing the overall desirability and stability of the local market.
