Manitowoc County Real Estate and Livability Trends
Manitowoc County, Wisconsin's real estate market has been marked by a steady increase in median home values from $126,700 in 2015 to $160,400 in 2022, still trailing behind state and national averages and perhaps offering opportunities for investors priced out of higher markets. Rising real estate taxes, up to $5,214.07 in 2021, may reflect higher property valuations or fiscal policy adjustments,... Read more
Manitowoc County Market Trends
Manitowoc County, Wisconsin, has seen noteworthy changes in its real estate market over the past few years. The median home value increased from $126,700 in 2015 to $160,400 in 2022, though it still lags behind state and national averages. This gap may present investment opportunities for those priced out of more expensive markets. Energy tax credits per tax return spiked in 2018 to $2,575.00,... Read more
Median Value of Occupied Housing Units in Manitowoc County, Wisconsin Over the Last 8 Years
In Manitowoc County, Wisconsin, the median home value saw a notable rise from $126,700 in 2015 to $160,400 in 2022. While the gains are promising, the county still falls behind both the state of Wisconsin and national averages, with Wisconsin's median climbing to $231,400 and the national figure reaching $179,400 by 2022. This disparity may imply investment opportunities in Manitowoc County, especially for those priced out of other markets. For those considering relocation or property investments, these figures suggest that Manitowoc County offers relatively affordable housing options despite recent value increases.
Residential Energy Tax Credit Per Tax Return in Manitowoc County, WI Over the Last 9 Years
Over the past nine years in Manitowoc County, Wisconsin, the average residential energy tax credit per tax return has generally fluctuated, particularly spiking significantly in 2018 to $2,575.00. This could suggest a substantial adoption of energy-efficient home improvements or a policy change during that year. Typically, values hovered around the $300 to $500 range, with another notable uptick in 2017 and 2021 at $420.00 and $508.00, respectively. For those interested in the local market, this variability might indicate shifts in homeowner investments in energy efficiency, which could be a reflection of changing economic conditions or incentives.
Average Real Estate Taxes Per Tax Return in Manitowoc County, WI Over the Last 10 Years
Manitowoc County, Wisconsin, has seen a noteworthy increase in average real estate taxes per tax return over the past decade. Starting at approximately $3,618.65 in 2012, taxes have risen steadily, peaking at $5,214.07 in 2021. The significant jumps from 2017 onwards, especially between 2017 and 2018 where taxes surged by about $940, indicate a possible trend towards higher property valuations or changing local fiscal policies. Such trends are critical for investors, potential homebuyers, and real estate professionals to consider as they may affect the total cost of owning property in the area. Additionally, appraisers and insurance agents might find these details useful in adjusting their evaluations and premiums, respectively.
Percentage of Farm Returns in Manitowoc County, WI Over the Last 10 Years
Manitowoc County, Wisconsin has seen a modest but consistent decline in the percentage of farm tax returns over the past decade, decreasing from approximately 2.95% in 2012 to around 2.36% in 2021. This trend could suggest a shift in the local economy or changes in land use patterns. For potential investors or those contemplating a move, this might indicate a gradual move away from traditional farming activities, possibly making way for other forms of development or diversified economic opportunities. Farm tax returns serve as a metric to gauge agricultural activity in a region; declining figures might hint at evolving land use priorities or demographic shifts, both of which are crucial for making informed decisions about investing, living, or building in Manitowoc County.
Number of Mortgages by Occupancy Type in Manitowoc County, WI Over the Last 5 Years in Manitowoc County
In Manitowoc County, Wisconsin, the number of mortgages for principal residences has fluctuated over the past five years, peaking in 2020. Investment properties have seen a slight but consistent increase, indicating growing interest in rental or commercial opportunities. Meanwhile, second residences, though a smaller segment, have shown some variability but remain relatively stable. These shifts in mortgage types could suggest trends in local housing demand, investment opportunities, and shifts in demographics that might be crucial for investors, real estate professionals, and policymakers to consider. Understanding these patterns can help stakeholders make informed decisions about property development, market positioning, and risk assessment.
Economic Outlook
Manitowoc County, Wisconsin has seen its average taxable income per tax return rise from $51,623.54 in 2013 to $70,262.52 in 2021, indicating a potentially strengthening local economy. However, average state and local income taxes per tax return have also increased significantly, from around $6,230.48 in 2012 to approximately $13,694.57 in 2021, which could affect property values and the cost of living. The average total tax liabilities per tax return have shown variability, with peaks in 2016... Read more
Average Taxable Income per Tax Return in Manitowoc County, WI over the last 9 years
In the past nine years, Manitowoc County, Wisconsin has seen its average taxable income per tax return fluctuate but overall display incremental growth. Specifically, it rose from $51,623.54 in 2013 to $70,262.52 in 2021. These figures suggest a general upward trend with notable spikes, such as in 2016 and 2021, possibly reflecting local economic conditions or broader economic trends. This income growth could be an indicator of a strengthening local economy, which might be appealing for investors, homebuilders, and new residents seeking stable or improving financial conditions.
Average State and Local Income Taxes Per Tax Return in Manitowoc County, WI Over the Last 10 Years
Over the last decade, Manitowoc County, Wisconsin has seen a significant increase in the average state and local income taxes per tax return, rising from around $6,230.48 in 2012 to approximately $13,694.57 in 2021. This upward trend in tax burden may be a consideration for potential investors and newcomers, influencing property values and cost of living. For insurance agents and real estate professionals, understanding this tax landscape is crucial for advising clients and making informed appraisals.
Average Total Tax Liability Per Tax Return in Manitowoc County, WI Over the Last 10 Years
Manitowoc County, Wisconsin, has seen fluctuating average total tax liabilities per tax return over the past decade, with notable peaks in 2016 and 2021 reaching $9,720.05 and $10,667.71, respectively. This variability may indicate shifts in local economic conditions, tax policy changes, or earnings trends, which could be of interest to potential investors, real estate professionals, and insurance agents monitoring the financial health and stability of the area. Keeping an eye on these patterns might help in predicting future tax burdens and economic opportunities within the county.
Cost of Living in Manitowoc County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,005 | $1,468 | $1,857 | $1,395 | $1,221 |
| 1 adult 4 children | $1,005 | $1,199 | $1,420 | $1,395 | $1,363 |
| 2 adults 3 children | $1,005 | $1,199 | $1,612 | $1,395 | $979 |
| 1 adult 3 children | $1,005 | $979 | $1,174 | $1,395 | $1,104 |
| 2 adults 2 children | $826 | $982 | $1,366 | $1,209 | $844 |
| 1 adult 2 children | $826 | $733 | $929 | $1,209 | $850 |
| 2 adults 1 child | $826 | $776 | $1,120 | $605 | $743 |
| 1 adult 1 child | $826 | $501 | $683 | $605 | $654 |
| 2 adults | $635 | $623 | $875 | $0 | $563 |
| 1 adult | $634 | $340 | $437 | $0 | $528 |
Safety trends & Data
Property crime trends in Manitowoc County, Wisconsin suggest a decrease in larceny-theft cases from 438.0 in 2019 to 304.0 in 2022, and vandalism incidents dropping from 108.0 in 2020 to 77.0 in 2022. However, motor vehicle thefts have seen a slight rise, increasing from 14.0 cases in 2019 to 26.0 in 2022. These shifts could influence property desirability and security investments for investors, developers, and realtors, while potentially impacting how insurance agents assess local risks and... Read more
Property Crime Trends in Manitowoc County, WI Over the Last 5 Years
Property crime trends in Manitowoc County, Wisconsin over the past five years have shown some notable shifts. Larceny-theft consistently remains the most common property-related crime, although recent years suggest a decrease from 438.0 cases in 2019 to 304.0 in 2022. Vandalism incidents, despite slight fluctuations, also show a downward trend from a high of 108.0 cases in 2020 to 77.0 in 2022. Interestingly, motor vehicle thefts, while generally low, saw a modest increase, going from 14.0 cases in 2019 to 26.0 by 2022. For investors, developers, and realtors, understanding these patterns could inform property desirability and security investments, while insurance agents might want to consider these trends when assessing local risks and premiums.
Demographics
Manitowoc County, Wisconsin, shows a nearly balanced gender ratio among adults. The educational attainment data highlights a concentration of high school graduates and those with some college but no degree. The age distribution suggests a significant proportion of the population is approaching retirement age, which might impact future workforce dynamics. Racially, the county is predominantly White, with modest representation from other racial groups. These trends might influence local policies,... Read more
Race Distribution in Manitowoc County, Wisconsin (2022)
Educational Attainment in Manitowoc County, Wisconsin (2022)
Age Distribution in Manitowoc County, Wisconsin
Citizen Population in Manitowoc County, Wisconsin (2022)
Political Trends & Data
In Manitowoc County, Wisconsin, the real estate market trends might reflect the county's conservative lean, with approximately 61% of the 2020 Presidential votes going Republican compared to 38% Democrat. This kind of political climate could attract certain demographics that favor such leanings, potentially influencing local housing market preferences and investment behaviors. While third-party support was minimal, this predominantly two-party dynamic suggests a relatively stable political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Manitowoc County, Wisconsin, Republican candidates appeared to have a significant edge in the 2020 U.S. Presidential Election, possibly capturing around 61% of the votes. Democratic support seemed moderately robust, likely at about 38%, while other parties like the Libertarians and Green Party garnered minimal traction, each receiving just over 1% and a fraction of a percent respectively. This voting pattern could suggest a conservative leaning within the county.
60.72% of voters voted for the Republican party in the 2020 Presidential Election
37.52% of voters voted for the Democrat party in the 2020 Presidential Election
1.23% 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
0.51% of voters voted for the Other party in the 2020 Presidential Election
School Data
Manitowoc County, Wisconsin has experienced notable fluctuations in student-to-teacher ratios over the last nine years, with a significant spike to 71 students per teacher in 2019, deviating from the more typical 13-14 students per teacher in other years. These variations could influence decisions for families considering relocation and impact property valuations, as lower student-to-teacher ratios are often correlated with higher demand. Real estate trends may, therefore, reflect shifts in... Read more
Student-to-teacher ratio in Manitowoc County, Wisconsin over the last 9 years
Over the last nine years in Manitowoc County, Wisconsin, the student-to-teacher ratio has shown significant variability, peaking notably in 2019 at 71 students per teacher. This is an outlier compared to the surrounding years, which maintained a ratio closer to the national average of 14 students per teacher. For instance, in 2014, the ratio was about 13 students per teacher, aligning closely with national standards. Fluctuations of this nature could impact educational quality, affecting choices for families considering relocation or investors and developers focusing on community amenities. Real estate agents and appraisers might also factor this into property valuations, as areas with lower ratios often attract greater demand. These trends indicate potential shifts in teaching resources, class sizes, and possibly budget allocations within the county's educational system.
