Oneida County Real Estate and Livability Trends
In Oneida County, Wisconsin, median home values have increased from $162,600.00 in 2015 to $214,700.00 in 2022, indicating a more affordable market relative to statewide and national trends. The uptick in residential energy tax credits, peaking at $443.75 in 2021, suggests a move towards energy-efficient investments, which may boost property values while reducing risk. Real estate tax hikes,... Read more
Oneida County Market Trends
In Oneida County, Wisconsin, median home values rose from $162,600 in 2015 to $214,700 in 2022, offering a more affordable market compared to state-wide and national trends. The rise in residential energy tax credits, peaking at $443.75 in 2021, hints at increased investment in energy efficiency, which may enhance property values and reduce risk. Steady increases in real estate taxes, surging... Read more
Median Value of Occupied Housing Units in Oneida County, Wisconsin Over the Last 8 Years
Over the past eight years, median home values in Oneida County, Wisconsin, climbed from $162,600 in 2015 to $214,700 in 2022. This consistent upward trend aligns with but slightly underperforms compared to Wisconsin's statewide increase, where values rose from $165,800 to $231,400 in the same period. Nationally, the median home values also experienced growth, increasing from $125,500 to $179,400. For prospective investors and residents, Oneida County's relatively more affordable housing market may present unique opportunities compared to both state and national levels.
Residential Energy Tax Credit Per Tax Return in Oneida County, WI Over the Last 8 Years
The average residential energy tax credit per tax return in Oneida County, Wisconsin, has shown notable fluctuations over the last eight years, peaking at $443.75 in 2021. The significant increase in 2020 and 2021 compared to earlier years like 2014 ($217.78) could suggest heightened investment in energy-efficient home improvements or increased awareness of available tax incentives. For real estate investors and home builders, this trend may indicate burgeoning homeowner interest in energy efficiency, potentially boosting property values. Insurance agents will find the modernization indicative of reduced risks from outdated heating systems or poor insulation. For prospective residents, the rising tax credits reflect a community increasingly oriented towards sustainability and long-term savings.
Average Real Estate Taxes Per Tax Return in Oneida County, WI Over the Last 10 Years
In Oneida County, Wisconsin, real estate taxes per tax return have been on a steady incline over the past decade, most notably jumping from approximately $3,512.64 in 2012 to around $5,518.09 in 2021. This trend signals rising property values or increasing tax rates, which may affect decisions on buying, selling, and appraising properties in the area. Higher real estate taxes can influence overall investment strategies, potentially appealing to property developers and insurance agents who need to factor in these long-term cost considerations.
Percentage of Farm Returns in Oneida County, WI Over the Last 10 Years
Farm tax returns in Oneida County, Wisconsin, have shown small fluctuations over the last decade, illustrating a relatively stable but minor presence in the local economy. In 2012, the percentage of farm returns was around 0.52%, with a slight increase to approximately 0.56% in 2015. By 2021, this figure had tapered to about 0.49%. For those considering investments, moves, or property development in Oneida County, understanding that agriculture holds a consistent yet modest role could influence decisions on land use and the local economic landscape.
Number of Mortgages by Occupancy Type in Oneida County, WI Over the Last 5 Years in Oneida County
Oneida County, Wisconsin has seen fluctuating trends in mortgage counts over the past five years, with the largest volume consistently registered for principal residences, peaking in 2020 at 2,676. Investment properties and second residences have both experienced less volatility but show a noticeable decline in recent years. These changes in occupancy types can provide valuable insights, particularly for real estate investors looking to gauge market saturation and potential returns. Lower mortgage activity for investment properties might suggest shifting market preferences or regulatory changes, whereas stability in second residences could signal sustained demand for vacation or seasonal homes. Understanding these dynamics is crucial for appraisers, insurance agents, and real estate agents who need to assess property values, risk, and market appeal accurately.
Economic Outlook
Oneida County, Wisconsin has seen an impressive increase in average taxable income per tax return, from $51,760.11 in 2013 to $78,715.44 in 2021. Concurrently, there's been a significant rise in average state and local income taxes per tax return, reaching $10,469.41 in 2021 from $6,768.44 in 2012. The average total tax liability has also climbed over the past decade, peaking at $12,989.83 in 2021. These trends might point to economic growth but also suggest a rising cost of living, both of... Read more
Average Taxable Income per Tax Return in Oneida County, WI over the last 9 years
Oneida County, Wisconsin has experienced a noticeable upward trend in average taxable income per tax return over the past nine years, increasing from approximately $51,760.11 in 2013 to around $78,715.44 in 2021. This growth suggests that the area might be seeing economic improvements, making it potentially attractive for investors, real estate agents, and those considering relocating. The rise in average taxable income could imply a strengthening local economy, which may affect property valuations, insurance rates, and investment opportunities.
Average State and Local Income Taxes Per Tax Return in Oneida County, WI Over the Last 10 Years
Oneida County, Wisconsin has seen a noteworthy fluctuation in average state and local income taxes per tax return over the past decade, starting at $6,768.44 in 2012 and rising to $10,469.41 by 2021. After dipping to $6,680.00 in 2014, a significant increase began in 2015 reaching a peak in 2019 at $10,766.67, suggesting a heavier tax burden in recent years. This rising trend is crucial for potential investors, homeowners, and real estate agents to consider when evaluating the financial climate of the area.
Average Total Tax Liability Per Tax Return in Oneida County, WI Over the Last 10 Years
Over the last decade, Oneida County, Wisconsin has experienced a noticeable increase in the average total tax liability per tax return. Starting at roughly $8,625.69 in 2012, there have been fluctuations, but the overall trend shows a steady rise, peaking at $12,989.83 in 2021. This growing tax liability is a crucial factor for potential investors, residents, and real estate professionals to consider, as it reflects the financial environment and potential cost of living changes in the area.
Cost of Living in Oneida County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,138 | $1,420 | $1,948 | $1,656 | $1,451 |
1 adult 4 children | $1,138 | $1,159 | $1,490 | $1,656 | $1,622 |
2 adults 3 children | $1,138 | $1,160 | $1,690 | $1,656 | $1,196 |
1 adult 3 children | $1,138 | $947 | $1,232 | $1,656 | $1,354 |
2 adults 2 children | $916 | $949 | $1,432 | $1,435 | $982 |
1 adult 2 children | $916 | $709 | $974 | $1,435 | $1,035 |
2 adults 1 child | $916 | $750 | $1,174 | $717 | $845 |
1 adult 1 child | $916 | $485 | $716 | $717 | $750 |
2 adults | $752 | $603 | $916 | $0 | $636 |
1 adult | $643 | $329 | $458 | $0 | $557 |
Safety trends & Data
Property crime trends in Oneida County, Wisconsin, show larceny-theft as the most reported crime, with annual incidents ranging from 82.00 to 160.00. Notably, vandalism incidents have risen significantly, from 24.00 in 2018 to 72.00 in 2022. Fraud remains relatively stable but slightly increased to 30.00 incidents in 2022. Burglary spiked to 24.00 incidents in 2021 but varies in other years. These fluctuations could suggest opportunities for targeted security investments and crime-prevention... Read more
Property Crime Trends in Oneida County, WI Over the Last 5 Years
Property crime trends in Oneida County, Wisconsin over the past five years reveal a few key fluctuations worth noting. Larceny-theft consistently remains the most reported property crime, with values ranging from 82.0 to 160.0 reported incidents annually. Vandalism appears to be on an upward trajectory, jumping from 24.0 incidents in 2018 to 72.0 incidents in 2022. Fraud incidents seem relatively stable but show a slight increase in 2022 with 30.0 incidents reported. Burglary saw a spike in 2021 reaching 24.0 incidents but fluctuates in other years. These trends might suggest avenues for focused security measures and investment opportunities in crime-prevention infrastructure.
Demographics
In Oneida County, Wisconsin, the adult population shows a fairly balanced gender ratio with around 15,677 males and 15,448 females. A significant portion of residents have completed at least some college, while high school graduates make up the largest educational segment. The age distribution skews older, with people aged 55 and above forming a substantial part of the population, possibly indicating an aging community. Racially, the county is predominantly White, with smaller representations... Read more
Race Distribution in Oneida County, Wisconsin (2022)
Educational Attainment in Oneida County, Wisconsin (2022)
Age Distribution in Oneida County, Wisconsin
Citizen Population in Oneida County, Wisconsin (2022)
Political Trends & Data
Oneida County, Wisconsin shows a strong lean towards conservative policies with the Republican party possibly securing around 56.6% of the vote in the 2020 U.S. Presidential Election. The Democrats trailed with about 41.8%, while minor parties collectively accounted for just over 1.5% of the votes. This significant margin may indicate a predominantly Republican voter base, potentially influencing local real estate trends towards sectors and developments that align with conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Oneida County in Wisconsin demonstrated predominant support for the Republican party in the 2020 U.S. Presidential Election, with a significant margin over the Democratic party. Although the Republican vote share was possibly around 56.6%, the Democrats garnered about 41.8%, resulting in a notable partisan divide. The Libertarian party, alongside other minor parties like the Green party and other independents, gathered a minimal portion of the votes, collectively barely crossing the 1.5% mark. This distribution may suggest a strong lean towards conservative policies within the county, reflecting its political stance in broader state and national contexts.
56.59% of voters voted for the Republican party in the 2020 Presidential Election
41.83% of voters voted for the Democrat party in the 2020 Presidential Election
1.17% 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
0.40% of voters voted for the Other party in the 2020 Presidential Election
School Data
Oneida County, Wisconsin has seen its student-to-teacher ratio fall from around 14 to approximately 11 students per teacher in the past nine years, significantly below the national average of 14. This could imply smaller class sizes and more individualized attention in schools, potentially boosting property values and appealing to families focused on education. This change might also affect insurance rates and help appraisers assess community assets... Read more
Student-to-teacher ratio in Oneida County, Wisconsin over the last 9 years
Over the past nine years, Oneida County, Wisconsin has seen a steady decline in its student-to-teacher ratio, dropping from around 14 to approximately 11 students per teacher. This is notably lower than the current national average of 14 students per teacher. For prospective investors, real estate agents, and those considering moving to the area, these ratios could imply smaller class sizes and potentially more individualized attention in schools. This shift might also impact property values and appeal to families prioritizing education, influence insurance rates, and guide appraisers in evaluating community assets.