Lincoln County Real Estate and Livability Trends
Lincoln County, Wisconsin has seen a notable rise in average taxable income from $47,754.55 in 2013 to $64,003.59 in 2021, possibly driving up property values and attracting investors. Median home values have grown from $132,600 in 2015 to $163,700 in 2022, showcasing affordability compared to statewide averages. Energy-efficient initiatives and rising real estate taxes further underline... Read more
Lincoln County Market Trends
Lincoln County, Wisconsin has seen its median home values grow from $132,600 in 2015 to $163,700 in 2022, offering a more affordable option compared to the state's median which rose from $165,800 to $231,400. This affordability may attract value-seeking investors. Residential energy tax credits in Lincoln County spiked significantly in 2019, suggesting increased local initiatives for energy... Read more
Median Value of Occupied Housing Units in Lincoln County, Wisconsin Over the Last 8 Years
Lincoln County, Wisconsin has seen a steady increase in median home values, climbing from $132,600 in 2015 to $163,700 in 2022. While Lincoln County's growth is tangible, its median home value remains considerably lower than Wisconsin's state median, which surged from $165,800 to $231,400 during the same period. This disparity suggests Lincoln County could offer more affordable investment opportunities when compared to statewide averages. Even at a national level, where median home values grew from $125,500 to $179,400, Lincoln County's rates appear attractive, making it potentially appealing for those seeking value within a rising market.
Residential Energy Tax Credit Per Tax Return in Lincoln County, WI Over the Last 8 Years
Lincoln County, Wisconsin has seen fluctuating residential energy tax credits over the past eight years, indicating varied investments in energy efficiency by homeowners. Notably, there was a significant spike in 2019, with the average credit reaching $462.50 per return, more than double the amount seen in earlier years. This suggests a possible increase in local initiatives or incentives for energy improvements during that year. Although the average dipped in 2020 to $318.18, it rebounded in 2021 to $446.15, maintaining a trend towards higher energy efficiency investments. This trend could be beneficial for real estate stakeholders, signaling potential for properties that capitalize on energy-efficient upgrades.
Average Real Estate Taxes Per Tax Return in Lincoln County, WI Over the Last 10 Years
Lincoln County, Wisconsin has seen a notable upward trajectory in average real estate taxes per tax return over the past decade. Starting at approximately $3,359.90 in 2012, taxes have climbed steadily, reaching a peak of about $4,747.62 in 2021. This rise could indicate increasing property values and potentially higher municipal funding needs. For those looking to invest, relocate, or build in the area, this trend might suggest a growing local economy and an escalating cost of property ownership.
Percentage of Farm Returns in Lincoln County, WI Over the Last 10 Years
Over the past decade, Lincoln County, Wisconsin has seen a gradual decrease in the percentage of farm tax returns, starting from approximately 2.64% in 2012 and dipping to about 2.17% in 2021. This trend may suggest a shift in the economic landscape, potentially indicating either a decline in agricultural businesses or a relative increase in other sectors. For investors or potential newcomers, this trajectory offers insights into the evolving economic priorities and opportunities within the county. Understanding these dynamics can be critical when considering property investments or business ventures in the region.
Number of Mortgages by Occupancy Type in Lincoln County, WI Over the Last 5 Years in Lincoln County
Lincoln County, Wisconsin has seen notable fluctuating trends in the number of mortgages across different occupancy types over the past five years. Principal Residence mortgages consistently outnumber other types, peaking in 2020 with 2008 mortgages. However, there’s variability with a significant drop to 1144 mortgages by 2022. Second Residence mortgages show a steady but slight rise and fall, peaking in 2020 at 265, before dipping to 140 in 2022. Investment Property mortgages have incrementally increased until 2020, followed by a slight decrease in subsequent years. For investors, appraisers, and real estate agents, understanding these shifts is crucial in gauging housing demand and portfolio valuation. More Principal Residence mortgages could signal stronger local market stability. Fluctuations in Investment Property mortgages might hint at changing investor confidence, possibly influenced by broader economic conditions. Loan trends in Second Residences could reflect shifts in local desirability for vacation homes or income properties. For insurance agents, these variances might guide risk assessment and policy adjustments. Analyzing these patterns aids anyone involved in the property market to make informed decisions.
Economic Outlook
Lincoln County, Wisconsin has seen a consistent rise in average taxable income per tax return, climbing from $47,754.55 in 2013 to $64,003.59 in 2021. This suggests the local economy might be improving, likely driving up property values and making the area attractive for investors. Additionally, average state and local income taxes per tax return have risen from $4,898.11 in 2012 to $9,312.50 in 2021, especially spiking from 2018 onwards. These tax increases could influence property values and... Read more
Average Taxable Income per Tax Return in Lincoln County, WI over the last 9 years
Lincoln County, Wisconsin has seen a steady upward trend in average taxable income per tax return over the past nine years, increasing from roughly $47,754.55 in 2013 to approximately $64,003.59 in 2021. This growth may suggest improving economic conditions and potentially increasing property values, making it an intriguing prospect for investors and real estate professionals. Appraisers and insurance agents might also take note of this trend as it could affect property assessments and insurance premiums.
Average State and Local Income Taxes Per Tax Return in Lincoln County, WI Over the Last 10 Years
Lincoln County, Wisconsin has shown an upward trend in average state and local income taxes per tax return over the past decade. Starting from $4,898.11 in 2012, the amount has increased notably, peaking at $9,312.50 in 2021. Sharp increases are particularly seen from 2018 onwards, reflecting potential economic or policy changes. These figures could suggest a growing tax burden for residents, an essential consideration for potential investors, property developers, and those contemplating a move to the area. This rise in taxes might also affect property values and cost projections for new developments.
Average Total Tax Liability Per Tax Return in Lincoln County, WI Over the Last 10 Years
The average total tax liability per tax return in Lincoln County, Wisconsin, has seen a general trend upward over the last decade, with a notable peak in 2021 at $8518.22. This steady increase, with occasional dips like the one in 2017 to $7000.90, suggests that those looking to invest or settle here should anticipate potentially higher tax obligations. This trend can also impact property values and insurance considerations, making it a crucial metric for real estate agents, appraisers, and prospective residents.
Cost of Living in Lincoln County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,167 | $1,371 | $1,894 | $1,488 | $1,346 |
| 1 adult 4 children | $1,167 | $1,120 | $1,457 | $1,488 | $1,518 |
| 2 adults 3 children | $1,167 | $1,120 | $1,639 | $1,488 | $1,102 |
| 1 adult 3 children | $1,167 | $915 | $1,202 | $1,488 | $1,256 |
| 2 adults 2 children | $826 | $917 | $1,384 | $1,307 | $880 |
| 1 adult 2 children | $826 | $685 | $947 | $1,307 | $907 |
| 2 adults 1 child | $826 | $725 | $1,129 | $717 | $784 |
| 1 adult 1 child | $826 | $468 | $692 | $717 | $698 |
| 2 adults | $642 | $582 | $875 | $0 | $572 |
| 1 adult | $552 | $318 | $437 | $0 | $509 |
Safety trends & Data
Lincoln County, Wisconsin has experienced notable fluctuations in property crimes over the past five years, including a peak of 105 larceny-theft incidents in 2022, up from 60 in 2018. Burglary cases also increased, with 20 reported in 2021. Vandalism showed volatility, spiking to 31 cases in 2022 after dropping to 18 in 2021. These trends may impact security concerns, property investment strategies, and insurance adjustments, making them critical to consider for potential relocators and... Read more
Property Crime Trends in Lincoln County, WI Over the Last 5 Years
Lincoln County, Wisconsin has seen notable fluctuations in property crimes over the past five years, with a marked increase in incidents such as larceny-theft and motor vehicle theft. For instance, larceny-theft reached its peak in 2022 with 105 reported incidents, compared to 60 in 2018. Burglary has also seen a rise, culminating in 20 incidents in 2021. Vandalism numbers have been relatively volatile, spiking at 31 cases in 2022 after a low of 18 in 2021. These trends could suggest a shifting landscape for security needs and property investment strategies in the area, warranting closer scrutiny for those considering relocation, real estate ventures, or adjustments in insurance policies.
Demographics
Lincoln County, Wisconsin, displays a slightly higher male than female adult population. Educational attainment shows a majority of residents with at least a high school diploma, but a comparatively smaller fraction holds advanced degrees. The age distribution indicates a significant portion of the population is in middle-age to older categories, potentially affecting economic and social services dynamics. Racial diversity is minimal, with a predominant White population. This demographic data... Read more
Race Distribution in Lincoln County, Wisconsin (2022)
Educational Attainment in Lincoln County, Wisconsin (2022)
Age Distribution in Lincoln County, Wisconsin
Citizen Population in Lincoln County, Wisconsin (2022)
Political Trends & Data
Lincoln County, Wisconsin, might lean towards the Republican party, with around 60.7% of the 2020 U.S. Presidential Election votes likely going their way, compared to approximately 37.9% for the Democrats. This strong Republican base is tempered by the significant Democratic support, suggesting a politically diverse community not entirely locked into one perspective. The minor support for Libertarians and other parties indicates minimal third-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Lincoln County, Wisconsin, saw a noticeable lean towards the Republican party in the 2020 U.S. Presidential Election, with around 60.7% of the votes possibly going their way. The Democratic party trailed with approximately 37.9%, while Libertarians and other minor parties garnered minimal support. This trend could indicate a strong Republican base in the area, although the presence of nearly 38% for Democrats suggests that there's still a significant portion of the electorate that leans left.
60.72% of voters voted for the Republican party in the 2020 Presidential Election
37.95% of voters voted for the Democrat party in the 2020 Presidential Election
1.06% of voters voted for the Livertarian party in the 2020 Presidential Election
0.27% of voters voted for the Other party in the 2020 Presidential Election
School Data
Lincoln County, Wisconsin, saw its student-to-teacher ratio peak at nearly 24 in 2014 before improving to nearly 15 by 2021, stabilizing around 16 in 2023. This ratio is still higher than the current national average of 14, suggesting potentially larger class sizes and more stretched resources. These trends could influence real estate valuations and demand for educational services, impacting the area's appeal to families, investors, and education... Read more
Student-to-teacher ratio in Lincoln County, Wisconsin over the last 9 years
Lincoln County, Wisconsin, has experienced significant fluctuations in its student-to-teacher ratio over the last nine years. In 2014, it peaked at nearly 24 students per teacher but saw improvement in subsequent years, reaching a low of nearly 15 in 2021 and stabilizing around 16 by 2023. This is generally higher than the current national average of 14 students per teacher, which could imply larger class sizes and potentially more stretched resources for individual student attention. These trends can be crucial for investors and professionals in the real estate and education sectors, as they may impact the attractiveness of the area for families, the valuation of properties, and the overall demand for educational enhancements and services.
