Langlade County Real Estate and Livability Trends
Langlade County, Wisconsin, has seen a gradual increase in average taxable income per tax return, suggesting possible economic growth and stability that could attract investors. However, significant hikes in state and local income taxes may reflect noteworthy policy shifts or economic changes. Median home values have risen to $138,000 in 2022, making the area an appealing choice for investors... Read more
Langlade County Market Trends
The median home value in Langlade County, Wisconsin, has generally risen over the past eight years, hitting $138,000 in 2022—much lower than both the state and national medians. This could make the area appealing for investors seeking lower entry costs. Residential energy tax credits saw a significant peak in 2021 at $352.94, indicating potential trends in energy-efficient home upgrades. Real... Read more
Median Value of Occupied Housing Units in Langlade County, Wisconsin Over the Last 8 Years
The median home value in Langlade County, Wisconsin, has generally trended upwards over the past eight years, reaching $138,000 in 2022. This remains significantly lower compared to both the state median of $231,400 and the national median of $179,400 for the same year. These figures suggest a relatively more affordable market in Langlade County, potentially appealing to investors or homebuyers seeking lower entry costs. Despite the lower median, recent increases hint at growing property values, which could indicate promising returns on investment in the near future.
Residential Energy Tax Credit Per Tax Return in Langlade County, WI Over the Last 8 Years
Langlade County, Wisconsin has seen notable fluctuations in residential energy tax credits over the past eight years, with a significant peak in 2021 at $352.94. The average credits range from a low of $218.52 in 2013 to this recent high, indicating dynamic changes in energy efficiency investments or related financial incentives. For stakeholders like investors, builders, and real estate professionals, these figures might suggest periods of increased energy-efficient home upgrades, impacting property values and market attractiveness. This trend could also influence insurance considerations and energy-related appraisals in the region, reflecting an evolving focus on sustainable living.
Average Real Estate Taxes Per Tax Return in Langlade County, WI Over the Last 10 Years
The average real estate taxes per tax return in Langlade County, Wisconsin have generally increased over the last decade. Starting at approximately $3,202.30 in 2012, there has been a noticeable upward trend, reaching around $4,848.00 by 2021. Noteworthy spikes occurred in 2018 and 2019, indicating potentially significant changes in either property values, tax rates, or both during those years. This rising tax burden can influence decisions for potential property investors, homebuyers, and current residents, underlining the importance of understanding local fiscal policies and market conditions.
Percentage of Farm Returns in Langlade County, WI Over the Last 10 Years
Over the last decade, Langlade County, Wisconsin has evidenced a gradual but marked decline in farm tax returns, starting at approximately 3.44% in 2012 and dropping to around 2.79% by 2021. Farm tax returns here refer to the percentage of tax filings that come from agricultural activities, providing insight into the economic health and viability of farming in the region. This trend may hint at a contraction in farm operations or a shift in economic activities, potentially impacting those considering investment, relocation, or development in this agricultural community.
Number of Mortgages by Occupancy Type in Langlade County, WI Over the Last 5 Years in Langlade County
Over the past five years, Langlade County, Wisconsin has seen fluctuating mortgage activity across different occupancy types. Principal residences consistently dominate the mortgage market, peaking notably in 2020 with nearly 1,300 counts. Investment property mortgages have gradually declined, reaching a low of 56 in 2022. Second residences exhibit more stability, with minor variations year-to-year. For investors, these trends might indicate a shifting focus towards primary homes, suggesting relative market stability for homeowners which could impact property values and insurance assessments. Meanwhile, builders and real estate agents can glean insights into the demand for primary versus secondary housing, tailoring strategies around these insights for more effective market penetration.
Economic Outlook
Langlade County, Wisconsin has experienced a gradual rise in average taxable income per tax return, climbing from roughly $42,893.71 in 2013 to about $59,103.93 in 2021. This trend could hint at economic growth and stability, making the area attractive for investors and real estate developers. However, state and local income taxes have also seen significant hikes, spiking from $6,127.33 in 2015 to $12,745.83 by 2021, implying notable policy changes or economic shifts. The overall tax liability... Read more
Average Taxable Income per Tax Return in Langlade County, WI over the last 9 years
Over the past nine years, Langlade County, Wisconsin has generally seen a gradual increase in the average taxable income per tax return, rising from approximately $42,893.71 in 2013 to about $59,103.93 in 2021. This trend of increasing income could be an indicator of economic growth and stability in the area, making it potentially attractive for investors, new residents, and real estate developers. For insurance agents and appraisers, the rising incomes may reflect a need to adjust valuations and premiums accordingly. Real estate agents might highlight this growth to prospective clients looking for promising property investments.
Average State and Local Income Taxes Per Tax Return in Langlade County, WI Over the Last 10 Years
If you're considering Langlade County, Wisconsin for investment, relocation or property ventures, it's useful to note how average state and local income taxes per tax return have evolved over the past decade. Starting at roughly $5,462.00 in 2012, figures rose fairly consistently with slight fluctuations, hitting $6,127.33 in 2015 and stabilizing around $6,000.00 until a sharp upturn in 2018 with $8,453.57. By 2021, taxes soared to a substantial $12,745.83, indicating a significant increase in economic or policy changes influencing tax rates. These dynamics matter for financial planning, property valuations, and assessing long-term fiscal burdens.
Average Total Tax Liability Per Tax Return in Langlade County, WI Over the Last 10 Years
In Langlade County, Wisconsin, the average total tax liability per tax return has shown a noticeable upward trend over the past decade, with a marked increase from around $5,998.96 in 2012 to $8,357.99 in 2021. This steady rise, particularly the sharp spike in 2021, might interest potential investors, property developers, and insurance agents as it suggests financial growth and potentially higher property values in the area. For real estate professionals and homeowners, this information could influence decisions on property purchases and long-term investment strategies, considering the changing tax landscape.
Cost of Living in Langlade County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,053 | $1,371 | $1,948 | $1,183 | $1,190 |
| 1 adult 4 children | $1,053 | $1,120 | $1,490 | $1,183 | $1,331 |
| 2 adults 3 children | $1,053 | $1,120 | $1,690 | $1,183 | $951 |
| 1 adult 3 children | $1,053 | $915 | $1,232 | $1,183 | $1,073 |
| 2 adults 2 children | $826 | $917 | $1,432 | $1,025 | $812 |
| 1 adult 2 children | $826 | $685 | $974 | $1,025 | $808 |
| 2 adults 1 child | $826 | $725 | $1,174 | $512 | $736 |
| 1 adult 1 child | $826 | $468 | $716 | $512 | $645 |
| 2 adults | $628 | $582 | $916 | $0 | $575 |
| 1 adult | $579 | $318 | $458 | $0 | $519 |
Safety trends & Data
Property crime in Langlade County, Wisconsin has seen some notable changes over the last five years. Burglary arrests dropped from 30 in 2018 to just 5 in 2022, and larceny-theft cases also plummeted from 66 to 23 in the same period. Interestingly, while motor vehicle theft has remained low and somewhat stable, fraud-related arrests have surged from 2 in 2018 to 24 in 2022. These shifts could impact investment and insurance decisions, particularly with the rise in fraud... Read more
Property Crime Trends in Langlade County, WI Over the Last 5 Years
Property crime trends in Langlade County, Wisconsin over the last five years indicate notable fluctuations. Burglary arrests have generally declined from 30 in 2018 to 5 in 2022, while larceny-theft saw a dramatic drop from 66 in 2018 to 23 in 2022. Motor vehicle theft remains low and somewhat stable, peaking slightly at 4 arrests in 2020. Interestingly, arrests related to fraud have risen significantly from 2 in 2018 to 24 in 2022, suggesting a shift in the type of property crimes being committed. These trends could influence investment and insurance considerations, with particular attention needed for fraud-related incidents.
Demographics
Langlade County, Wisconsin shows a near-even gender split among adults with a slight majority of males. The county's educational landscape indicates most residents possess at least a high school diploma, with a significant portion having some college education or an associate’s degree, but fewer holding bachelor's or advanced degrees. The age distribution highlights a notable concentration of the population in the 55-64 age bracket, suggesting a potentially aging population. Racially, the... Read more
Race Distribution in Langlade County, Wisconsin (2022)
Educational Attainment in Langlade County, Wisconsin (2022)
Age Distribution in Langlade County, Wisconsin
Citizen Population in Langlade County, Wisconsin (2022)
Political Trends & Data
In Langlade County, Wisconsin, the 2020 U.S. Presidential Election results showed a significant Republican lean, with roughly 66% of votes cast for the GOP candidate, compared to about 33% for the Democratic candidate. Minor parties collectively received less than 1.5% of votes. This pattern could indicate a strong Republican influence, potentially shaped by local demographics and political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Langlade County, Wisconsin, the 2020 U.S. Presidential Election saw a notable leaning towards the Republican party with approximately 66% of votes, while the Democratic party garnered about 33%. Libertarian and other minor parties collectively secured less than 1.5% of the vote. This trend might suggest a strong Republican influence in the area, although the precise reasons behind this could vary, including demographic factors and local political climate.
65.65% of voters voted for the Republican party in the 2020 Presidential Election
33.18% of voters voted for the Democrat party in the 2020 Presidential Election
0.84% 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
0.30% of voters voted for the Other party in the 2020 Presidential Election
School Data
Langlade County, Wisconsin, consistently boasts a student-to-teacher ratio below the national average of 14, with recent figures between 10.8 and 13.06. This could mean smaller class sizes and more individualized attention for students—key points for families moving to the area and investors in educational properties. Real estate agents might highlight these stats to sell homes, while appraisers might factor this into valuations linked to educational quality. This data is also insightful for... Read more
Student-to-teacher ratio in Langlade County, Wisconsin over the last 9 years
Langlade County, Wisconsin, has consistently had a student-to-teacher ratio below the national average of 14 students per teacher for several years, with recent figures fluctuating between 10.8 and 13.06. Such a trend in lower student-to-teacher ratios may be indicative of smaller class sizes, potentially leading to more individualized attention for students. This information could be particularly valuable for families considering moving to the area, investors in educational properties, real estate agents highlighting key selling points, and appraisers assessing property values in relation to educational quality. Furthermore, the data may be of interest to insurance agents and builders who need to understand community demographics and school capacities.
