Oconto County Real Estate and Livability Trends
Oconto County, Wisconsin's real estate landscape presents intriguing dynamics for prospective buyers and investors. With median home values inching up to $195,200 in 2022 from $150,900 in 2015, the area could be appealing for budget-conscious buyers, especially given Wisconsin's broader market trends. Property crime rates have declined notably, enhancing the county's attractiveness from a safety... Read more
Oconto County Market Trends
Oconto County, Wisconsin has seen a moderate rise in median home values over the past eight years, climbing to $195,200 in 2022 from $150,900 in 2015. This slower growth compared to Wisconsin’s statewide increase might make Oconto County an attractive option for budget-conscious buyers. Real estate taxes in the county have also increased, with a notable peak at $4,970.89 in 2020, which could be... Read more
Median Value of Occupied Housing Units in Oconto County, Wisconsin Over the Last 8 Years
Median home values in Oconto County, Wisconsin, have seen a steadily moderate increase over the last eight years, peaking at $195,200 in 2022 from $150,900 in 2015. Compared to Wisconsin's state average, Oconto County's home values are generally lower but have shown significant growth, albeit at a slower pace than Wisconsin's faster increase from $165,800 in 2015 to $231,400 in 2022. Nationally, Oconto County's housing market also contrasts with the United States, where the median values have appreciated from $125,500 in 2015 to $179,400 in 2022. This slower growth relative to the state could make Oconto County an attractive option for more budget-conscious buyers while still benefiting from overall housing market appreciation.
Residential Energy Tax Credit Per Tax Return in Oconto County, WI Over the Last 9 Years
Oconto County, Wisconsin has shown fluctuating values for residential energy tax credits per tax return over the past nine years, peaking notably at $2,300.00 in 2018. The most recent data in 2021 indicates a rise to $542.22, up from $368.42 in 2020. These figures could suggest varying levels of investment in energy-efficient home improvements or changes in state or federal incentives. Such information might be crucial for investors, real estate agents, and builders looking to understand the potential benefits and subsidies available for energy-efficient properties in the area.
Average Real Estate Taxes Per Tax Return in Oconto County, WI Over the Last 10 Years
Over the last decade, Oconto County, Wisconsin has seen a notable increase in average real estate taxes per tax return. In 2012, the average real estate taxes were around $3,386.93, gradually rising to $3,562.66 by 2017. However, a significant jump occurred in 2018, with taxes spiking to $4,565.22. This trend continued, peaking at approximately $4,970.89 in 2020 before slightly decreasing to $4,664.38 in 2021. For potential investors, homeowners, and real estate professionals, this upward trajectory in real estate taxes might be a crucial factor when considering property investments or relocations in the area.
Percentage of Farm Returns in Oconto County, WI Over the Last 10 Years
Over the last decade, Oconto County, Wisconsin has seen a steady decline in the percentage of farm tax returns, dropping from 3.85% in 2012 to 2.82% in 2021. Farm tax returns represent the proportion of tax filings that report income primarily from agricultural activities, reflecting the county's agricultural economic health. This trend may indicate a shift away from farming as a primary income source, potentially driven by economic diversification or challenges specific to the agricultural sector. For those considering investing, moving, or building in Oconto County, this trend might suggest potential opportunities or challenges related to local agriculture.
Number of Mortgages by Occupancy Type in Oconto County, WI Over the Last 5 Years in Oconto County
Oconto County, Wisconsin has seen varying trends in mortgage counts over the past five years, with principal residences consistently making up the largest share, peaking in notably high numbers such as 3,068 in 2020. Investment properties have remained relatively stable but significantly lower by comparison, while second residences also demonstrate fluctuations, notably reaching a high of 537 in 2020. For investors, these trends could indicate a stable market for primary residences but less volatility for investment properties. Appraisers and insurance agents might view these patterns as signifiers of changing risk profiles depending on the occupancy type, whereas potential homebuilders and real estate agents could consider the steady demand for primary homes as an opportunity for new developments.
Economic Outlook
Oconto County, Wisconsin has seen a significant climb in average taxable income per tax return, increasing from $49,848.32 in 2013 to $70,005.97 in 2021. This trend points to a growing economic stability and potentially higher consumer spending, likely appealing to investors and real estate professionals. Concurrently, average state and local income taxes per tax return have risen from $5,184.34 in 2012 to $8,897.14 in 2021, possibly due to economic shifts or policy adjustments. These hikes in... Read more
Average Taxable Income per Tax Return in Oconto County, WI over the last 9 years
Oconto County, Wisconsin has seen a steady increase in average taxable income per tax return over the last nine years, jumping from $49,848.32 in 2013 to $70,005.97 in 2021. This trend suggests growing economic stability and potential for increased consumer spending, which might be appealing for investors and real estate professionals. This growth, particularly sharp between 2020 and 2021, could indicate a resilient local economy even in challenging times. Higher average incomes can also attract new residents and businesses, contributing to broader community development.
Average State and Local Income Taxes Per Tax Return in Oconto County, WI Over the Last 10 Years
Oconto County, Wisconsin has experienced a noticeable increase in average state and local income taxes per tax return over the past decade, rising from $5,184.34 in 2012 to $8,897.14 in 2021. There was a significant jump in 2020, reaching $9,369.74, which might reflect changing economic dynamics or policy adjustments. This trend is relevant for potential investors, prospective homeowners, and real estate professionals who may need to factor these rising tax expenses into their financial planning and valuations.
Average Total Tax Liability Per Tax Return in Oconto County, WI Over the Last 10 Years
Over the past decade in Oconto County, Wisconsin, there has been a noticeable increase in average total tax liabilities per tax return, starting at roughly $6,450.00 in 2012 and climbing to just over $9,600.00 in 2021. This trend implies rising fiscal obligations for residents and may indicate an overall increase in income levels or changes in tax policies. Potential investors or property developers should factor in these growing costs when planning long-term projects. Real estate agents and insurance agents might also find this information relevant for advising clients on the financial landscape in the area.
Cost of Living in Oconto County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,063 | $1,295 | $1,868 | $1,135 | $1,145 |
| 1 adult 4 children | $1,063 | $1,057 | $1,436 | $1,135 | $1,300 |
| 2 adults 3 children | $1,063 | $1,058 | $1,617 | $1,135 | $917 |
| 1 adult 3 children | $1,063 | $864 | $1,185 | $1,135 | $1,052 |
| 2 adults 2 children | $826 | $866 | $1,365 | $984 | $789 |
| 1 adult 2 children | $826 | $647 | $934 | $984 | $796 |
| 2 adults 1 child | $826 | $684 | $1,114 | $492 | $725 |
| 1 adult 1 child | $826 | $442 | $683 | $492 | $647 |
| 2 adults | $669 | $550 | $863 | $0 | $588 |
| 1 adult | $608 | $300 | $431 | $0 | $540 |
Safety trends & Data
Potential residents or investors in Oconto County, Wisconsin, might find the property crime trends somewhat reassuring. Over the last five years, significant declines can be observed in key categories such as larceny-theft, which dropped from 46.00 in 2018 to 21.00 in 2022. Meanwhile, burglary numbers have remained consistently low, never surpassing 8.00 per year. Vandalism incidents have fluctuated but generally remained moderate. These trends suggest a relatively stable and manageable... Read more
Property Crime Trends in Oconto County, WI Over the Last 5 Years
Potential residents or investors in Oconto County, Wisconsin, might find the property crime trends somewhat reassuring. Over the last five years, significant declines can be observed in key categories such as larceny-theft, which dropped from 46.0 incidents in 2018 to 21.0 in 2022. Meanwhile, burglary numbers have remained consistently low, never surpassing 8.0 per year. Vandalism incidents have fluctuated but generally remained moderate. These trends suggest a relatively stable and manageable environment for property owners and professionals in real estate, appraisals, and insurance spaces.
Demographics
Oconto County, Wisconsin, shows a slightly higher male population compared to females. Educational attainment reveals a significant portion of adults with high school diplomas and some college education, while fewer have advanced degrees. The age distribution highlights a substantial elderly population, particularly those aged 55 to 74. Racial demographics indicate an overwhelmingly white population with very small percentages of other races. These trends can provide insights into community... Read more
Race Distribution in Oconto County, Wisconsin (2022)
Educational Attainment in Oconto County, Wisconsin (2022)
Age Distribution in Oconto County, Wisconsin
Citizen Population in Oconto County, Wisconsin (2022)
Political Trends & Data
Oconto County in Wisconsin leans heavily Republican, with around 70% of voters supporting the Republican candidate in the 2020 Presidential Election, while the Democratic candidate secured just under 29%. This strong conservative preference could influence local policies and community attitudes, potentially affecting real estate trends and investment opportunities in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Oconto County in Wisconsin might be considered a Republican stronghold, with nearly 70% of the vote going to the Republican candidate in the 2020 U.S. Presidential Election. In contrast, just under 29% of the votes went to the Democrat, while third-party candidates collectively received less than 1.5% of the vote. This distribution might suggest a significant leaning toward conservative values among the county's voters.
69.89% of voters voted for the Republican party in the 2020 Presidential Election
28.93% of voters voted for the Democrat party in the 2020 Presidential Election
0.90% of voters voted for the Livertarian party in the 2020 Presidential Election
0.01% of voters voted for the Green party in the 2020 Presidential Election
0.27% of voters voted for the Other party in the 2020 Presidential Election
School Data
Oconto County, Wisconsin, has seen its student-to-teacher ratios fluctuate over the past nine years, hitting a high of 18 students per teacher in 2016 and a low of about 13 in 2020 onward. This metric consistently aligns with or is slightly below the national average of 14 students per teacher, making the area attractive to potential residents wanting smaller class sizes. For investors and real estate agents, this could signal a strengthening education system that may lead to enhanced property... Read more
Student-to-teacher ratio in Oconto County, Wisconsin over the last 9 years
Over the last nine years, the student-to-teacher ratio in Oconto County, Wisconsin has shown some fluctuations. The ratio peaked at 18 students per teacher in 2016 and dropped to its lowest at around 13 in 2020 and subsequent years. Interestingly, Oconto County's ratios have hovered close to or below the national average of 14 students per teacher, which could be appealing for prospective residents prioritizing smaller class sizes. For investors and real estate agents, these trends might indicate a stable or improving education system, potentially enhancing property values and community appeal. Additionally, insurance agents and appraisers might infer a lower risk profile for educational facilities, while developers could see opportunities for building new properties in areas supporting these positive educational metrics.
