Kenosha County Real Estate and Livability Trends
Kenosha County, Wisconsin has seen a notable economic trajectory with average taxable income per tax return rising from $52,994.41 in 2013 to $73,457.07 in 2021, signaling potential for investment. However, rising state and local income taxes and total tax liabilities could affect these decisions. Median home values have surged from $161,800 in 2015 to $234,700 in 2022, outpacing broader trends... Read more
Kenosha County Market Trends
Median home values in Kenosha County, Wisconsin have jumped from $161,800 in 2015 to $234,700 in 2022, outpacing state and national averages and reflecting growing demand. Fluctuations in residential energy tax credits, peaking at $1,762.50 per return in 2018, indicate increased investments in energy efficiency, attracting eco-conscious buyers. Rising average real estate taxes, climbing from... Read more
Median Value of Occupied Housing Units in Kenosha County, Wisconsin Over the Last 8 Years
Median home values in Kenosha County, Wisconsin have seen a consistent upward trajectory over the past eight years, with a significant jump from $161,800 in 2015 to $234,700 in 2022. This growth rate has outpaced both the state of Wisconsin and national averages, where median values rose to $231,400 and $179,400 respectively by 2022. This may indicate that Kenosha County is becoming a more attractive area for homebuyers and investors, possibly due to its proximity to major urban centers or other local economic factors contributing to its housing market allure.
Residential Energy Tax Credit Per Tax Return in Kenosha County, WI Over the Last 9 Years
Over the past nine years, residents in Kenosha County, Wisconsin, have seen fluctuating average residential energy tax credits per tax return. A notable spike occurred in 2018 with an average of $1,762.50 per return, suggesting a significant increase in energy-efficient investments or policy changes. While values varied, 2021 saw a rise to $721.71, which is still considerably higher than earlier years like 2013, which was around $226.87. These trends could indicate growing incentives for energy efficiency, making it a potentially attractive area for eco-conscious investors and property developers.
Average Real Estate Taxes Per Tax Return in Kenosha County, WI Over the Last 10 Years
Over the last decade, Kenosha County, Wisconsin has seen a notable rise in average real estate taxes per tax return. Starting at around $4,700 in 2012, taxes gradually increased, seeing a sharp uptick in 2017 and peaking at over $6,500 in 2020. This rising trend in property taxes could impact potential buyers and investors, highlighting the importance of budgeting for increased carrying costs. The upward trajectory may also influence appraisals and insurance rates, making it a critical factor for those looking to move to or invest in the county.
Percentage of Farm Returns in Kenosha County, WI Over the Last 10 Years
Over the past decade, Kenosha County, Wisconsin has seen a slight but consistent decline in the percentage of farm tax returns, dipping from approximately 0.41% in 2012 to around 0.34% by 2021. Farm tax returns are crucial indicators of agricultural activity within a region, pointing to the number of eligible farm operators filing returns for income and expenses associated with farming. This downward trend might suggest a gradual shift away from traditional farming in the area, potentially impacting local investment opportunities, property values, and community development strategies.
Number of Mortgages by Occupancy Type in Kenosha County, WI Over the Last 5 Years in Kenosha County
Kenosha County, Wisconsin has seen notable fluctuations in mortgage numbers across different occupancy types over the last five years. While the count of mortgages for principal residences has generally been the highest, rising significantly from 7,259 in 2018 to over 12,000 in the early 2020s, investments in second residences have remained relatively low, peaking at 296 in 2021. Investment property mortgages showed a brief surge but have started to decline recently. These shifts may signal changes in consumer confidence, economic conditions, or demographic trends. For investors, understanding these patterns can identify emerging opportunities or risks, while for builders and real estate agents, it signals the demand types and targets. Appraisers and insurance agents should also note these dynamics as they influence property values and risk assessments.
Economic Outlook
Kenosha County, Wisconsin has experienced significant economic growth over the past decade, with average taxable income per tax return climbing from $52,994.41 in 2013 to $73,457.07 in 2021. This upward trend may appeal to real estate investors and developers seeking growth opportunities. Simultaneously, the average state and local income taxes have increased from $5,839.28 in 2012 to $10,094.98 in 2021, hinting at a growing tax burden that could influence investment decisions. The total tax... Read more
Average Taxable Income per Tax Return in Kenosha County, WI over the last 9 years
Over the last nine years, Kenosha County, Wisconsin has seen its average taxable income per tax return rise significantly, starting at around $52,994.41 in 2013 and reaching approximately $73,457.07 in 2021. This consistent upward trend could potentially make it an attractive area for real estate investors and developers looking for growth opportunities. Additionally, the notable jump in income in recent years might indicate a stronger local economy, which could be beneficial for businesses and residents alike. Appraisers and insurance agents might also find the data useful for understanding the local market movement in greater detail.
Average State and Local Income Taxes Per Tax Return in Kenosha County, WI Over the Last 10 Years
Kenosha County, Wisconsin has seen a steady increase in average state and local income taxes per tax return over the past decade, climbing from approximately $5,839.28 in 2012 to around $10,094.98 in 2021. This trend, especially the sharp rise observed between 2017 and 2018, suggests a growing tax burden that may impact decisions for potential investors, homebuyers, and businesses. Such data could be critical for appraisers and insurance agents analyzing property values and risk, as well as real estate agents advising clients.
Average Total Tax Liability Per Tax Return in Kenosha County, WI Over the Last 10 Years
Over the past decade in Kenosha County, Wisconsin, the average total tax liability per tax return has shown a consistent upward trend, starting from approximately $7808.47 in 2012 to roughly $11403.04 in 2021. This escalating tax liability suggests economic growth and possibly rising incomes, which could bode well for investors, real estate agents, and those looking to build properties. However, it might also hint at increasing costs for residents and insurance agents need to factor this in while assessing risks.
Cost of Living in Kenosha County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,489 | $1,504 | $1,913 | $2,270 | $1,867 |
| 1 adult 4 children | $1,489 | $1,228 | $1,471 | $2,270 | $1,997 |
| 2 adults 3 children | $1,489 | $1,229 | $1,656 | $2,270 | $1,560 |
| 1 adult 3 children | $1,489 | $1,003 | $1,214 | $2,270 | $1,740 |
| 2 adults 2 children | $1,144 | $1,006 | $1,398 | $1,983 | $1,211 |
| 1 adult 2 children | $1,144 | $751 | $957 | $1,983 | $1,318 |
| 2 adults 1 child | $1,144 | $795 | $1,141 | $1,051 | $980 |
| 1 adult 1 child | $1,144 | $513 | $699 | $1,051 | $918 |
| 2 adults | $872 | $639 | $883 | $0 | $657 |
| 1 adult | $765 | $348 | $442 | $0 | $563 |
Safety trends & Data
Property crime trends in Kenosha County, Wisconsin have shown some fluctuations over the past five years. Larceny-theft has consistently been the most prevalent crime, peaking at 610.00 incidents in 2018, dropping to 310.00 in 2021, and slightly increasing to 447.00 in 2022. Motor vehicle theft spiked in 2020 with 91.00 incidents but significantly reduced by 2022. Vandalism nearly doubled from 114.00 in 2018 to 214.00 in 2020, then stabilized. Arson numbers peaked at 10.00 incidents in 2021, a... Read more
Property Crime Trends in Kenosha County, WI Over the Last 5 Years
Property crime trends in Kenosha County, Wisconsin have shown some fluctuations over the past five years. Larceny-theft has consistently been the most prevalent crime, although it peaked at 610.00 incidents in 2018 and dropped to 310.00 in 2021, before slightly increasing to 447.00 in 2022. Motor vehicle theft saw a spike in 2020 with 91.00 incidents but reduced significantly by 2022. Vandalism has also seen an upward trend, nearly doubling from 114.00 in 2018 to 214.00 in 2020, before stabilizing somewhat. Interestingly, arson numbers peaked at 10.00 incidents in 2021, a noticeable increase from previous years. These trends are crucial for potential investors, real estate agents, and insurance agents to consider when evaluating the safety and risk factors associated with property in Kenosha County.
Demographics
Kenosha County, Wisconsin, displays a relatively balanced gender split among its adult population, with a small margin favoring females. In terms of educational attainment, there is a noticeable presence of high school graduates and individuals with some college education. This suggests a potential for workforce development strategies aimed at furthering higher education credentials. Age distribution reveals a broad spread across all age groups, with a slight concentration in the 45-64 age... Read more
Race Distribution in Kenosha County, Wisconsin (2022)
Educational Attainment in Kenosha County, Wisconsin (2022)
Age Distribution in Kenosha County, Wisconsin
Citizen Population in Kenosha County, Wisconsin (2022)
Political Trends & Data
Kenosha County, Wisconsin, shows a tight political split with Republicans leading by a slim margin of approximately 3.2% over Democrats in the 2020 U.S. Presidential Election. This nearly even divide, with third-party candidates barely making a dent at a little over 1.5%, could mean that political strategies and campaigns will likely be heavily concentrated here in the future given its potential for... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Kenosha County, Wisconsin, the 2020 U.S. Presidential Election showed a slim Republican lead, with around 50.7% of the vote compared to the Democrats' 47.5%. Third-party and independent candidates collectively garnered a small percentage of the vote, barely reaching over 1.5%. This close margin suggests a potentially volatile political landscape in the county, indicating the importance for both major parties to focus significant efforts here in future elections.
50.68% of voters voted for the Republican party in the 2020 Presidential Election
47.55% of voters voted for the Democrat party in the 2020 Presidential Election
1.17% 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
0.56% of voters voted for the Other party in the 2020 Presidential Election
School Data
Student-to-teacher ratios in Kenosha County, Wisconsin, have seen significant fluctuations over the past nine years, peaking at 19 students per teacher in 2019 and more recently aligning with the national average of 14. This trend could be a key selling point for real estate agents emphasizing local school quality or for families weighing relocation options. For investors and developers, lower ratios could signal a boost in neighborhood desirability, affecting property values and development... Read more
Student-to-teacher ratio in Kenosha County, Wisconsin over the last 9 years
Student-to-teacher ratios in Kenosha County, Wisconsin have fluctuated significantly over the past nine years. In 2019, the ratio reached a high of 19 students per teacher, indicating larger classroom sizes and potentially limited individual attention for students. Recently, the ratio has dropped closer to the national average of 14, suggesting improvements in educational resources or staffing. This trend might matter for families considering moving to the area, real estate agents highlighting local school quality, or investors evaluating neighborhood development as lower ratios typically correlate with higher perceived school quality. For appraisers and insurance agents, understanding these changes can affect property values and risk assessments, while builders could consider targeting growth areas with improving educational metrics.
