Marquette County Real Estate and Livability Trends
Marquette County, Wisconsin has seen an uptick in average taxable income per tax return from $42,627.60 in 2013 to $58,687.80 by 2021, suggesting growing affluence and potentially higher property values. Median home values have steadily climbed to $189,500 in 2022, still below the state median but above the national average. This, coupled with a rise in real estate taxes from $3,597.63 in 2012 to... Read more
Marquette County Market Trends
Marquette County, Wisconsin's median home values have seen a steady rise, hitting $189,500 in 2022, which, although lower than the state's $231,400 median, outpaces the national average of $179,400. Residential energy tax credits have also surged, reaching $760.00 in 2021 from $352.17 in 2013, highlighting a push towards energy-efficient homes possibly due to rising energy costs. Real estate... Read more
Median Value of Occupied Housing Units in Marquette County, Wisconsin Over the Last 8 Years
Marquette County, Wisconsin's median home values have seen a steady increase over the past eight years, peaking at $189,500 in 2022. Although this growth lags behind the state average, which hit $231,400 in 2022, it's significantly ahead of the national average that was $179,400 the same year. This trajectory suggests that Marquette County might offer relatively affordable investment opportunities compared to Wisconsin at large, with prices still appreciating faster than the national average.
Residential Energy Tax Credit Per Tax Return in Marquette County, WI Over the Last 8 Years
Residential energy tax credits in Marquette County, Wisconsin have displayed notable fluctuations over the past eight years. Starting at $352.17 per tax return in 2013, there's been variability with a marked increase to $760.00 by 2021. This trend suggests a growing emphasis on energy efficiency among homeowners, likely driven by rising energy costs and increasing awareness of environmental benefits. Investors and property developers could find this trend indicative of a robust market for energy-efficient homes. Real estate agents might see opportunities in showcasing properties with energy-saving features to attract buyers seeking tax advantages. Appraisers and insurance agents should consider the impact of these credits on property values and insurance premiums, respectively.
Average Real Estate Taxes Per Tax Return in Marquette County, WI Over the Last 10 Years
Over the last decade, Marquette County, Wisconsin has seen a noticeable trend in rising real estate taxes per tax return. Starting at $3,597.63 in 2012, the average figure has climbed steadily, peaking at $4,960.71 by 2021. This trend could suggest an increase in property values or tax rates, important for investors, appraisers, and real estate agents to consider. Rising taxes might impact decisions for those looking to move to or invest in the area, with potential implications on affordability and overall cost of living.
Percentage of Farm Returns in Marquette County, WI Over the Last 10 Years
Marquette County, Wisconsin has seen a general decline in the percentage of farm tax returns over the last decade, starting at about 5.18% in 2012 and inching down to roughly 4.25% in 2021. Farm tax returns are filings that reflect income and expenses from farming activities. This trend may suggest a gradual reduction in active farming operations or profitability in the area, which could be pivotal for potential investors, property developers, and residents considering the economic landscape and future growth of the region.
Number of Mortgages by Occupancy Type in Marquette County, WI Over the Last 5 Years in Marquette County
In Marquette County, Wisconsin, over the last five years, the number of mortgages for principal residences has shown notable fluctuations, peaking in 2021 with 1,248 mortgages before dropping significantly to 841 in 2022. Mortgages for investment properties and second residences have remained relatively stable, with minor increases or decreases each year. Changes in occupancy type hint at shifting preferences and economic conditions; principal residence numbers reflect broader housing market dynamics and local demand, while stable investment and second residence figures indicate consistent interest in non-primary properties. These trends are valuable for potential investors, appraisers, real estate agents, and insurers to gauge market stability and forecast future opportunities.
Economic Outlook
Marquette County, Wisconsin has seen a notable increase in average taxable income per tax return, rising from $42,627.60 in 2013 to $58,687.80 by 2021, suggesting growing affluence and potentially higher property values. Fluctuations in state and local income taxes, including a significant spike to $8003.23 in 2018, may reflect changing tax policies and economic conditions, influencing investment decisions. Additionally, the average total tax liability has climbed from $5,694.59 in 2012 to... Read more
Average Taxable Income per Tax Return in Marquette County, WI over the last 9 years
Marquette County, Wisconsin has experienced a generally upward trend in average taxable income per tax return over the past nine years. In 2013, the average taxable income was approximately $42,627.60, and it reached about $58,687.80 by 2021. This steady increase, with slight fluctuations, is notable for potential investors and real estate agents as it may suggest a growing affluence in the area, potentially leading to higher property values and a stronger local economy. This could also be indicative of increased stability and prosperity, which might interest insurance agents and appraisers considering the financial health of residents.
Average State and Local Income Taxes Per Tax Return in Marquette County, WI Over the Last 10 Years
Marquette County, Wisconsin has seen a fluctuating trend in average state and local income taxes per tax return over the past decade. Notably, 2018 experienced a significant spike to $8003.23, possibly indicating changes in tax policy or economic conditions. While most years hovered around $5000 to $6000, recent years such as 2020 and 2021 also saw increases, with 2021 reaching $7059.26. These variations may inform those looking to invest, relocate, or build property in Marquette County, particularly in understanding the financial landscape and potential tax burdens.
Average Total Tax Liability Per Tax Return in Marquette County, WI Over the Last 10 Years
Over the past decade, Marquette County, Wisconsin has seen an overall rise in average total tax liability per tax return, moving from $5,694.59 in 2012 to $8,002.70 in 2021. The period did see some fluctuations, notably a dip in 2019 to $6,421.78, but the general trend appears upward. This upward trend in tax liability could potentially reflect economic growth or rising incomes within the county, offering a pertinent consideration for investors and homebuyers. For real estate agents and property developers, these figures might indicate a community with potentially increasing property values. Appraisers and insurance agents could also find this data useful when assessing risks or setting premiums in a changing economic landscape.
Cost of Living in Marquette County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,047 | $1,412 | $1,642 | $1,360 | $1,187 |
| 1 adult 4 children | $1,047 | $1,153 | $1,253 | $1,360 | $1,353 |
| 2 adults 3 children | $1,047 | $1,153 | $1,425 | $1,360 | $959 |
| 1 adult 3 children | $1,047 | $941 | $1,037 | $1,360 | $1,108 |
| 2 adults 2 children | $826 | $944 | $1,209 | $1,179 | $822 |
| 1 adult 2 children | $826 | $705 | $821 | $1,179 | $844 |
| 2 adults 1 child | $826 | $746 | $993 | $589 | $734 |
| 1 adult 1 child | $826 | $482 | $605 | $589 | $657 |
| 2 adults | $628 | $599 | $776 | $0 | $559 |
| 1 adult | $579 | $327 | $388 | $0 | $516 |
Safety trends & Data
Marquette County, Wisconsin shows interesting property crime trends over the past five years. While Vandalism remains a constant issue, Larceny - Theft is stable at around 9-10 incidents annually. Burglary is on the decline and Fraud saw a notable drop after 2019. Anomalously, Arson showed up in 2022 with just two incidents. Lower and decreasing crime rates, especially in Burglary and Fraud, may suggest the area is becoming safer and more stable, making it a potentially attractive option for... Read more
Property Crime Trends in Marquette County, WI Over the Last 5 Years
Property crime trends in Marquette County, Wisconsin, show fluctuations over the last five years with some categories like Vandalism consistently occurring each year. Larceny - Theft tends to remain steady, hovering around 9-10 incidents annually. Conversely, Burglary has seen a general decline, and Fraud incidents dropped sharply after 2019. Unusually, Arson appeared in 2022, but only with two incidents. For anyone considering investments or moves, the relatively low and diminishing crime rates, particularly in Burglary and Fraud, could be seen as a positive indicator for the area's safety and stability.
Demographics
Marquette County, Wisconsin's adult population is almost evenly split between males and females. The area skews towards older age brackets, with nearly twice as many residents aged 55-64 compared to younger segments like 20-24 years. Educationally, a significant portion of the population has a high school diploma or some college experience, hinting at a workforce that may benefit from further vocational training opportunities. The racial composition is predominantly white, with minimal... Read more
Race Distribution in Marquette County, Wisconsin (2022)
Educational Attainment in Marquette County, Wisconsin (2022)
Age Distribution in Marquette County, Wisconsin
Citizen Population in Marquette County, Wisconsin (2022)
Political Trends & Data
In Marquette County, Wisconsin, the real estate market could be influenced by its political landscape, where Republicans likely secured 63.1% of the vote in the 2020 Presidential Election, and Democrats received about 35.7%. This political leaning might reflect conservative attitudes that could impact housing demand, development preferences, and local economic policies, potentially making the area more appealing to buyers and investors with similar... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Marquette County, Wisconsin, the 2020 U.S. Presidential Election saw Republicans likely securing a significant lead with approximately 63.1% of the vote, while Democrats received around 35.7%. Minor parties such as the Libertarians and Greens garnered minimal support, each capturing less than 1% of the vote. These results could suggest a strong Republican presence in this county.
63.09% of voters voted for the Republican party in the 2020 Presidential Election
35.73% of voters voted for the Democrat party in the 2020 Presidential Election
0.86% 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
0.30% of voters voted for the Other party in the 2020 Presidential Election
School Data
Marquette County, Wisconsin's student-to-teacher ratio has varied dramatically, ranging from a low of around 11 students per teacher in 2020 to a high of approximately 57 in 2021, with the latest figures showing 34 students per teacher in 2023. This volatility is notably higher than the national average of 14 students per teacher. These shifts could influence property values and demand, as they may point to broader community resource constraints or improvements, which are crucial for real... Read more
Student-to-teacher ratio in Marquette County, Wisconsin over the last 9 years
Marquette County, Wisconsin's student-to-teacher ratio has seen quite a bit of fluctuation over the past nine years. The ratio has varied from a low of about 11 students per teacher in 2020 to a peak of around 57 in 2021, with the most recent data showing 34 students per teacher in 2023. For context, the national average in the United States stands at about 14 students per teacher. These changes can impact decisions for those considering moving to the area or investing in property, as they reflect on local school dynamics which can influence neighborhood desirability, property values, and demand. Real estate and insurance professionals, as well as potential builders, should be aware of these trends as they may signal broader educational and community resource constraints or improvements.
