Marathon County Real Estate and Livability Trends
Marathon County, Wisconsin, has seen its taxable income per tax return grow from $55,705.36 in 2013 to $78,501.54 in 2021, suggesting possible economic growth and rising property values. However, this increase comes with higher average state and local income taxes, more than doubling, which could affect investment decisions. Median home values climbed from $144,500 in 2015 to $194,500 in 2022,... Read more
Marathon County Market Trends
Median home values in Marathon County, Wisconsin, have increased from $144,500 in 2015 to $194,500 in 2022, indicating solid market growth but slower compared to the statewide rise from $165,800 to $231,400. Residential energy tax credits peaked dramatically in 2018 at $1980.00, suggesting a brief period of high investment in energy-efficient home improvements. Average real estate taxes in the... Read more
Median Value of Occupied Housing Units in Marathon County, Wisconsin Over the Last 8 Years
Over the last eight years, median home values in Marathon County, Wisconsin have shown a steady increase, jumping from $144,500 in 2015 to $194,500 in 2022. In contrast, the state of Wisconsin has seen median values climb from $165,800 to $231,400 during the same period. Nationally, prices have risen from $125,500 in 2015 to $179,400 in 2022. Marathon County's housing market may indicate a slower appreciation rate compared to the statewide average but remains robust compared to the national trends. This trend could suggest that Marathon County offers relatively more affordable residential opportunities while still reflecting positive investment potential.
Residential Energy Tax Credit Per Tax Return in Marathon County, WI Over the Last 9 Years
Marathon County, Wisconsin, has seen significant fluctuations in residential energy tax credits over the past nine years. The most notable spike occurred in 2018, with an average credit per tax return reaching $1980.00, a dramatic increase from previous and subsequent years. This peak suggests a brief period of heightened investment or incentives in energy-efficient home improvements. Following 2018, the average credit stabilized but remained generally elevated compared to the earlier years. These trends could indicate shifting homeowner priorities or changes in energy incentive programs, impacting future cost assessments for energy-efficient upgrades in the area.
Average Real Estate Taxes Per Tax Return in Marathon County, WI Over the Last 10 Years
Over the last decade, Marathon County, Wisconsin has seen notable increases in average real estate taxes per tax return, jumping from approximately $4,033.11 in 2012 to about $6,313.78 in 2021. A significant surge appears around 2017 with a steep rise continuing into 2018 and beyond, suggesting a broader rise in property values or tax rates. This trend may interest investors and real estate agents since higher taxes could reflect an area's growing demand and development, while potential homeowners and insurance agents might be alert to escalating costs affecting affordability and risk assessments.
Percentage of Farm Returns in Marathon County, WI Over the Last 10 Years
The data reveals a gradual decline in the percentage of farm returns over the last decade in Marathon County, Wisconsin, dropping from roughly 3.27% in 2012 to about 2.64% in 2021. Farm tax returns, which are essentially filings by individuals or entities that report agricultural income and expenses, offer insights into the economic health and viability of the farming sector. This downward trend may suggest a shift away from agricultural activities in the area, impacting those looking to invest in or develop rural property, and indicating possible economic transitions in the region.
Number of Mortgages by Occupancy Type in Marathon County, WI Over the Last 5 Years in Marathon County
Marathon County, Wisconsin has seen a distinct fluctuation in the number of mortgages by occupancy type over the past five years, with "Principal Residence" consistently leading but experiencing notable peaks in 2020. Investment properties have shown relatively stable numbers, with a slight dip in recent years, while second residences remain the least common but nearly doubled in count from 2018 to 2020. Shifts in occupancy type matter because they can signify broader economic trends, such as increased home ownership or investment opportunities, influencing property values and market dynamics. Prospective investors, builders, and real estate professionals should watch these trends for insights into market demand and potential returns.
Economic Outlook
In Marathon County, Wisconsin, the average taxable income per tax return has risen from $55,705.36 in 2013 to $78,501.54 in 2021, signaling potential economic growth and increasing property values. Concurrently, average state and local income taxes have more than doubled, potentially reflecting higher incomes or changes in tax policies that could influence investment decisions. The total tax liability per tax return also shows an upward trend, hitting $12,923.70 in 2021, which may indicate a... Read more
Average Taxable Income per Tax Return in Marathon County, WI over the last 9 years
In Marathon County, Wisconsin, the average taxable income per tax return has shown a notable upward trend over the past nine years, rising from approximately $55,705.36 in 2013 to around $78,501.54 in 2021. This consistent growth, especially the significant jump between 2020 and 2021, might indicate a strengthening local economy or improved earnings among residents. For investors, real estate agents, and those looking to relocate, this could suggest increasing property values and a robust market for new opportunities. Appraisers and insurance agents might see these figures as a sign of rising household incomes, which can affect property valuations and insurance premiums.
Average State and Local Income Taxes Per Tax Return in Marathon County, WI Over the Last 10 Years
Marathon County, Wisconsin has seen significant increases in average state and local income taxes per tax return over the past decade. Starting around $7,194.29 in 2012, taxes have more than doubled by 2021 to approximately $16,715.71. Noticeable jumps, especially post-2017, indicate possible changes in income levels, local economic conditions, or tax policies. For potential investors and those interested in the local real estate market, this upward trend in taxes could be indicative of economic growth and increasing property values, but it may also influence budgeting or investment decisions.
Average Total Tax Liability Per Tax Return in Marathon County, WI Over the Last 10 Years
Over the last decade, Marathon County, Wisconsin has seen a gradual increase in the average total tax liability per tax return, reaching $12,923.70 by 2021. Fluctuations were evident, especially a notable uptick beginning in 2015, sustaining through 2021. This trend can signal a growing tax base, possibly indicating economic growth or changes in tax policy impacting residents. Such data is crucial for potential buyers, investors, and real estate professionals to gauge the financial climate and consider the long-term fiscal landscape when making decisions related to property and investments in the area.
Cost of Living in Marathon County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,192 | $1,464 | $1,894 | $2,118 | $1,613 |
| 1 adult 4 children | $1,192 | $1,195 | $1,457 | $2,118 | $1,782 |
| 2 adults 3 children | $1,192 | $1,196 | $1,639 | $2,118 | $1,352 |
| 1 adult 3 children | $1,192 | $976 | $1,202 | $2,118 | $1,533 |
| 2 adults 2 children | $932 | $979 | $1,384 | $1,855 | $1,072 |
| 1 adult 2 children | $932 | $731 | $947 | $1,855 | $1,170 |
| 2 adults 1 child | $932 | $774 | $1,129 | $999 | $897 |
| 1 adult 1 child | $932 | $500 | $692 | $999 | $806 |
| 2 adults | $708 | $622 | $875 | $0 | $593 |
| 1 adult | $623 | $339 | $437 | $0 | $531 |
Safety trends & Data
Property crime trends in Marathon County, Wisconsin, over the last five years show varying patterns, with larceny-theft seeing a decline from 401 in 2018 to 219 in 2022 and burglary incidents peaking at 65 in 2020 before dropping to 36. Vandalism has also decreased notably from 136 in 2020 to 92 in 2022. While fraud incidents peaked at 75 in 2018, forgery and counterfeiting exhibit a mixed pattern. These fluctuations are significant for investors, real estate agents, and residents who want to... Read more
Property Crime Trends in Marathon County, WI Over the Last 5 Years
Property crime trends in Marathon County, Wisconsin, over the last five years show varying patterns. Larceny-theft remains the most common crime but has generally declined from 401 in 2018 to 219 in 2022. Burglary incidents peaked in 2020 at 65 but have since dropped to 36. While vandalism has fluctuated, it saw a notable reduction from 136 in 2020 to 92 in 2022. Fraud and forgery/counterfeiting show inconsistent trends, with fraud incidents peaking at 75 in 2018 and a mixed pattern for forgery. Arson has remained relatively low throughout the period. These fluctuating crime rates are pivotal for investors, real estate agents, and residents in understanding the local safety landscape and making informed decisions about property.
Demographics
Marathon County, Wisconsin, features a nearly equal gender split among adults and a diverse age distribution, hinting at a balanced community with various age groups actively contributing. Educational attainment varies widely, with a significant portion of residents having completed high school or some college, while fewer have reached graduate or professional degrees. The racial composition indicates a predominantly White population with a modest presence of Asian residents, suggesting limited... Read more
Race Distribution in Marathon County, Wisconsin (2022)
Educational Attainment in Marathon County, Wisconsin (2022)
Age Distribution in Marathon County, Wisconsin
Citizen Population in Marathon County, Wisconsin (2022)
Political Trends & Data
Marathon County, Wisconsin, consistently demonstrates a Republican lean, with approximately 58% of voters supporting the GOP in the 2020 presidential election. Democrats make up a significant minority at around 40%, indicating some room for political diversity. Third-party candidates, including Libertarians, have a minimal impact, collectively securing slightly over 1% of the vote. This political landscape suggests a robust conservative base with limited third-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Marathon County, Wisconsin, tends to lean Republican, with nearly 58% of its 2020 presidential votes going to the GOP. Democrats garnered about 40%, reflecting a significant, though not dominant, minority. Libertarians had a modest presence, capturing just over 1% of the vote, while Green Party and other candidates collectively received less than 1%. This trend suggests a solid Republican base with some, although limited, support for third-party candidates.
58.14% of voters voted for the Republican party in the 2020 Presidential Election
40.14% of voters voted for the Democrat party in the 2020 Presidential Election
1.21% 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
0.49% of voters voted for the Other party in the 2020 Presidential Election
School Data
Marathon County, Wisconsin has experienced a significant improvement in its student-to-teacher ratio, dropping from 25:1 in 2014 to around 14:1 recently. This shift brings the ratio in line with the national average, suggesting a more personalized and potentially higher-quality educational environment. This trend is an important consideration for investors, real estate agents, and potential homeowners as it might indicate stable or increasing property values and community satisfaction, factors... Read more
Student-to-teacher ratio in Marathon County, Wisconsin over the last 9 years
Marathon County, Wisconsin has seen its student-to-teacher ratio decline significantly over the past nine years, dropping from a high of 25 students per teacher in 2014 to a more manageable 14 to 15 students per teacher in recent years. This trend is particularly notable as the current ratio closely aligns with the national average of 14 students per teacher, offering a more personalized educational experience. For potential investors, real estate agents, and individuals looking to move or build in the area, this enhanced educational environment may suggest a stable and improving school system, which can positively impact property values and community satisfaction. For appraisers and insurance agents, these metrics provide a valuable context for evaluating the community's overall appeal and long-term viability.
