Jefferson County Real Estate and Livability Trends
Jefferson County, Wisconsin, has experienced a notable rise in average taxable income from $51,650.17 in 2013 to $72,874.31 in 2021, along with a significant growth in median home values from $173,000.00 in 2015 to $238,300.00 in 2022. Increased residential energy tax credits in 2018 suggest a trend towards energy-efficient home upgrades, potentially enhancing property values. Higher real estate... Read more
Jefferson County Market Trends
Jefferson County, Wisconsin has experienced significant growth in median home values over the past eight years, increasing from $173,000.00 in 2015 to $238,300.00 in 2022, which outpaces both national and state trends. This indicates a potentially strong local market appealing to investors and prospective residents. Additionally, residential energy tax credits spiked dramatically to $2,500.00 in... Read more
Median Value of Occupied Housing Units in Jefferson County, Wisconsin Over the Last 8 Years
Over the past eight years, Jefferson County, Wisconsin has seen substantial growth in median home values, far outpacing the national trend. In 2015, the median home value in Jefferson County was $173,000.00, rising to $238,300.00 in 2022—a difference of $65,300.00. In contrast, the national median increased from $125,500.00 to $179,400.00, a growth of $53,900.00. Meanwhile, state-wide in Wisconsin, the values went from $165,800.00 to $231,400.00, tracking below Jefferson County. This robust increase could indicate a strong local market, which might interest investors seeking potential returns, or individuals wanting to move to an area with appreciating home values.
Residential Energy Tax Credit Per Tax Return in Jefferson County, WI Over the Last 9 Years
The data for Jefferson County, Wisconsin's residential energy tax credit per tax return over the past nine years showcases remarkable fluctuation. While amounts initially varied modestly from $236.46 in 2014 to $281.72 in 2016, there was a dramatic peak at $2,500.00 in 2018, potentially indicating significant policy shifts or increased adoption of energy-efficient upgrades. Investors and real estate agents might find these trends indicative of rising interest and investment in energy-efficient home enhancements. This variability also presents implications for appraisers and insurance agents, signaling potential increases in property values and differing risk assessments based on enhanced energy efficiency improvements.
Average Real Estate Taxes Per Tax Return in Jefferson County, WI Over the Last 10 Years
Real estate taxes in Jefferson County, Wisconsin have shown a steady increase over the past decade, with a notable jump from $4,228.87 in 2016 to $5,610.08 in 2021. This rising trend could be particularly relevant for potential homebuyers, investors, and real estate agents, as higher taxes can impact property affordability and overall investment returns. Insurance agents and appraisers might also consider this trend when assessing property values and insurance premiums.
Percentage of Farm Returns in Jefferson County, WI Over the Last 10 Years
The percentage of farm tax returns in Jefferson County, Wisconsin, has seen a steady but slight decline over the past decade, dropping from approximately 2.67% in 2012 to just above 2.05% in 2021. Farm tax returns provide valuable insights into the economic health and activity within the agricultural sector of the county. These returns can reflect trends in land use, crop yields, and farmer incomes, which are crucial for potential investors and residents to gauge economic stability and growth prospects. The mild downward trend in farm returns might suggest shifts in local agricultural practices, rising operational costs, or broader economic factors influencing farm profitability. This nuanced understanding can help those interested in the local economy make informed decisions about investment, development, or relocation.
Number of Mortgages by Occupancy Type in Jefferson County, WI Over the Last 5 Years in Jefferson County
In Jefferson County, Wisconsin, mortgage trends over the past five years reveal a consistent preference for principal residences, which significantly outnumber mortgages for investment and second residences. Notably, the number of mortgages for principal residences peaked in 2020 and experienced a noticeable drop in 2022. This drop might suggest a shifting housing market, potentially influenced by changing economic conditions or fluctuations in housing supply. For investors, such shifts highlight the importance of evaluating market conditions before making decisions. For appraisers and insurance agents, understanding these trends can aid in accurate property valuations and risk assessments, reflecting the overall demand and stability within the region.
Economic Outlook
Jefferson County, Wisconsin has shown a consistent rise in average taxable income per tax return from $51,650.17 in 2013 to $72,874.31 in 2021, hinting at a strengthening local economy. Meanwhile, average state and local income taxes have also increased, reaching $8,361.78 in 2021, with a notable jump between 2017 and 2018. The average total tax liability per tax return rose from $7,183.32 in 2012 to $10,492.80 in 2021, with a marked gain between 2019 and 2021. These trends might reflect higher... Read more
Average Taxable Income per Tax Return in Jefferson County, WI over the last 9 years
Jefferson County, Wisconsin has experienced a notable upward trend in average taxable income per tax return over the past nine years. Starting at $51,650.17 in 2013, there has been a steady increase, culminating in an impressive jump to $72,874.31 in 2021. This consistent growth may suggest a strengthening local economy, potentially making the area more appealing for investors, property developers, and real estate agents. For those moving to or currently living in the county, this trend might reflect a higher standard of living and increased financial stability amongst residents.
Average State and Local Income Taxes Per Tax Return in Jefferson County, WI Over the Last 10 Years
Over the past decade, Jefferson County, Wisconsin has seen a trend of increasing average state and local income taxes per tax return. In 2012, the figure was approximately $5,428.79. This amount generally increased over time, hitting about $8,361.78 in 2021. The sharpest rise appears between 2017 and 2018, jumping from roughly $6,026.04 to $7,462.84. For investors, real estate agents, or those considering a move to this area, this trend could indicate a rising cost of living and higher taxation, factors critical when evaluating long-term financial commitments.
Average Total Tax Liability Per Tax Return in Jefferson County, WI Over the Last 10 Years
Over the past decade, Jefferson County, Wisconsin has experienced a noticeable upward trend in average total tax liability per tax return, rising from approximately $7,183.32 in 2012 to around $10,492.80 in 2021. The most significant jump appears to have occurred between 2019 and 2021, with an increase of roughly $2,127.92. This could potentially signify a growing local economy, increasing property values, or changes in tax policy. For investors, real estate agents, and those considering moving to or investing in Jefferson County, understanding these tax trends might provide valuable insights into the area's financial landscape.
Cost of Living in Jefferson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,370 | $1,460 | $1,749 | $1,825 | $1,576 |
| 1 adult 4 children | $1,370 | $1,192 | $1,336 | $1,825 | $1,726 |
| 2 adults 3 children | $1,370 | $1,193 | $1,518 | $1,825 | $1,298 |
| 1 adult 3 children | $1,370 | $974 | $1,105 | $1,825 | $1,484 |
| 2 adults 2 children | $1,004 | $976 | $1,287 | $1,589 | $1,005 |
| 1 adult 2 children | $1,004 | $729 | $874 | $1,589 | $1,082 |
| 2 adults 1 child | $1,004 | $772 | $1,056 | $820 | $863 |
| 1 adult 1 child | $1,004 | $498 | $643 | $820 | $793 |
| 2 adults | $763 | $620 | $825 | $0 | $622 |
| 1 adult | $671 | $338 | $413 | $0 | $542 |
Safety trends & Data
Property crime trends in Jefferson County, Wisconsin have fluctuated over the last five years, with larceny-theft being the most common, peaking at 292.00 cases in 2022 after dropping in 2021. Vandalism spiked to 159.00 incidents in 2019, and motor vehicle theft rose to 30.00 cases in 2022. Burglary incidents decreased overall from 34.00 in 2018 to 17.00 in 2022 but had occasional spikes, notably in 2020. Lesser crimes like arson and embezzlement remain minimal yet consistent. These trends... Read more
Property Crime Trends in Jefferson County, WI Over the Last 5 Years
Property crime trends in Jefferson County, Wisconsin over the last five years show a notable fluctuation. Larceny-theft consistently emerges as the most prevalent crime, peaking at 292.0 cases in 2022, following a significant dip in 2021. Vandalism and motor vehicle theft also present some variability, with vandalism hitting a high of 159.0 incidents in 2019 and motor vehicle theft reaching 30.0 cases in 2022. While burglary numbers declined overall from 34.0 in 2018 to 17.0 in 2022, occasional spikes are evident, such as in 2020. Lesser common crimes like arson and embezzlement show minimal but consistent occurrences. These trends could be relevant for potential investors, builders, insurance agents, and current residents, providing insights into the prevalent property crimes in the area.
Demographics
Jefferson County, Wisconsin, reflects a balanced gender distribution with almost equal numbers of males and females. In terms of education, a noticeable portion of residents at least have a high school diploma, while around 11,621 residents hold a bachelor's degree, and 4,959 boast a graduate or professional degree. Age-wise, there is substantial representation from middle-aged groups, particularly those aged 45 to 54 and 55 to 64. Most of the population identifies as White, with limited racial... Read more
Race Distribution in Jefferson County, Wisconsin (2022)
Educational Attainment in Jefferson County, Wisconsin (2022)
Age Distribution in Jefferson County, Wisconsin
Citizen Population in Jefferson County, Wisconsin (2022)
Political Trends & Data
Jefferson County, Wisconsin, exhibited a strong lean toward Republican candidates in the 2020 Presidential Election, with around 56.7% supporting the GOP compared to the 41.5% backing the Democrats. The marginal support for minor parties underscores a primarily two-party electorate. This political tendency provides some insight into the community's values and possible influences on local policy and development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jefferson County, Wisconsin, displayed a likely preference for Republican candidates in the 2020 U.S. Presidential Election with approximately 56.7% of the vote. The Democratic Party trailed behind with around 41.5%, while minor parties like the Libertarian Party and the Green Party gathered minimal support, suggesting a predominantly two-party competition. Such trends may reflect the political leanings and priorities of the county's electorate.
56.71% of voters voted for the Republican party in the 2020 Presidential Election
41.48% of voters voted for the Democrat party in the 2020 Presidential Election
1.32% 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
0.47% of voters voted for the Other party in the 2020 Presidential Election
School Data
Jefferson County, Wisconsin has seen notable changes in its student-to-teacher ratio over the past nine years, swinging from a high of 39 in 2014 to a low of 13 in 2020, before rising again to 25 by 2023. These fluctuations could signal shifts in population, school funding, and educational quality, potentially affecting property values and community appeal. With the national average at 14 students per teacher, Jefferson County's recent ratios might suggest larger class sizes, a factor worth... Read more
Student-to-teacher ratio in Jefferson County, Wisconsin over the last 9 years
Over the last nine years, Jefferson County, Wisconsin has seen quite a fluctuation in its student-to-teacher ratio. Starting from a notably high 39 in 2014, the ratio significantly dropped to around 15 from 2016 to 2019, hitting a low of 13 in 2020, before increasing again to 25 in 2021 and maintaining around that range through 2023. These shifts could be important for potential investors, residents, appraisers, insurance agents, and real estate professionals, as they may reflect changes in population dynamics, school funding, and overall educational quality. With the national average of 14 students per teacher, the county's recent higher ratios could be indicative of larger class sizes which may impact the quality of education and, consequently, property values and community desirability.
