Ozaukee County Market Trends
Ozaukee County, Wisconsin's real estate market has seen a noteworthy rise in median home values from $245,700 in 2015 to $344,900 in 2022, outpacing state and national trends. Additionally, real estate taxes per return have surged, hitting $8,271.29 by 2021, particularly spiking post-2017, which could impact financial planning for buyers and investors. The county has also experienced a... Read more
Median Value of Occupied Housing Units in Ozaukee County, Wisconsin Over the Last 8 Years
Over the last eight years, Ozaukee County, Wisconsin has experienced a significant rise in median home values, jumping from $245,700 in 2015 to $344,900 in 2022. This growth outpaces both state and national trends, where Wisconsin saw an increase from $165,800 to $231,400 and the United States went from $125,500 to $179,400. These trends may suggest strong local demand and possibly higher investment returns, making it an interesting market for potential investors, homebuyers, and builders.
Residential Energy Tax Credit Per Tax Return in Ozaukee County, WI Over the Last 9 Years
Ozaukee County, Wisconsin has seen varied fluctuations in residential energy tax credit values over the past nine years. Notably, 2018 experienced an extraordinary spike with an average credit of $2,925.00 per return, which starkly contrasts with other years. The values generally ranged from approximately $280.52 to $533.00, suggesting possible increased energy-efficient home improvements or policy changes driving this financial incentive. For investors, builders, real estate agents, and insurance providers, these trends could signify heightened community interest in sustainable practices, likely boosting the value of energy-efficient properties and potentially impacting related market strategies.
Average Real Estate Taxes Per Tax Return in Ozaukee County, WI Over the Last 10 Years
Real estate taxes per tax return in Ozaukee County, Wisconsin have shown a steady upward trend over the past decade, starting from $5,673.22 in 2012 and climbing to $8,271.29 by 2021. The most notable increases are seen after 2017, with a particularly dramatic rise between 2017 and 2018. This trend suggests a growing financial burden for property owners, which might influence investment decisions, real estate appraisals, and property insurance considerations. Prospective buyers and investors may want to keep an eye on these increasing tax rates as part of their financial planning.
Percentage of Farm Returns in Ozaukee County, WI Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Ozaukee County, Wisconsin has shown a subtle but consistent decline, starting from approximately 0.78% in 2012 to around 0.60% in 2021. Farm tax returns are key indicators of agricultural activity and economic health in rural areas. For potential investors, builders, or residents, this trend could suggest a gradual shift away from farming in the area, which may influence decisions on land use, property development, or investment in agribusiness. While this might hint at a contraction in local farming, it also opens opportunities for diversification and alternative developments in this changing economic landscape.
Number of Mortgages by Occupancy Type in Ozaukee County, WI Over the Last 5 Years in Ozaukee County
Ozaukee County, Wisconsin has seen fluctuating counts of mortgages across different occupancy types over the past five years. While principal residences consistently dominate the market, with numbers peaking around 9,273 in 2020, investment properties and second residences represent smaller but important segments. Notably, the number of investment property mortgages has varied from 142 to 218 annually, indicating a steady interest that can impact rental markets and property values. Understanding these shifts is crucial for investors assessing profit potential, appraisers evaluating property demand, and insurance agents tailoring coverage terms for different property uses.
Economic Outlook
Ozaukee County, Wisconsin, has experienced a significant rise in average taxable income per tax return, notably between 2017 and 2021, suggesting economic growth and an increasingly affluent population, which could attract new real estate developments. Concurrently, average state and local income taxes have surged from approximately $11,759.80 in 2012 to $25,186.64 by 2021, reflecting a more prosperous tax landscape that may influence investment strategies and property values. The county's... Read more
Average Taxable Income per Tax Return in Ozaukee County, WI over the last 9 years
Ozaukee County, Wisconsin has seen a consistent increase in average taxable income per tax return over the past nine years, with a particularly sharp rise between 2017 and 2021. For potential investors and real estate professionals, this suggests a trend of economic growth and possibly a more affluent population, making the area attractive for new development and real estate ventures. Appraisers and insurance agents may also find this trend indicative of rising property values, potentially altering risk assessments and premiums. Those looking to move to the county can infer a growing and prosperous community.
Average State and Local Income Taxes Per Tax Return in Ozaukee County, WI Over the Last 10 Years
Over the past decade, Ozaukee County, Wisconsin has seen a notable increase in average state and local income taxes per tax return. Starting at approximately $11,759.80 in 2012, the figure saw incremental changes until a significant leap in 2018 to about $19,933.13, which continued to rise to $25,186.64 by 2021. This trend may reflect economic growth and changes in the tax landscape, potentially impacting investment decisions, property values, and financial planning for residents and professionals operating in the area.
Average Total Tax Liability Per Tax Return in Ozaukee County, WI Over the Last 10 Years
Over the past decade, Ozaukee County, Wisconsin has seen a noticeable upward trend in the average total tax liability per tax return, rising from around $21,643.18 in 2012 to approximately $31,341.08 in 2021. This steady increase may reflect broader economic growth in the area, making it an interesting prospect for investors and real estate professionals. However, for potential home buyers or those considering relocating, higher tax liabilities could impact budget planning and overall cost of living. Appraisers and insurance agents should also note this trend, as it may influence property valuations and risk assessments.
Cost of Living in Ozaukee County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,365 | $1,572 | $1,945 | $2,487 | $1,970 |
| 1 adult 4 children | $1,365 | $1,284 | $1,496 | $2,487 | $2,122 |
| 2 adults 3 children | $1,365 | $1,285 | $1,683 | $2,487 | $1,684 |
| 1 adult 3 children | $1,365 | $1,049 | $1,234 | $2,487 | $1,828 |
| 2 adults 2 children | $1,085 | $1,052 | $1,421 | $2,204 | $1,323 |
| 1 adult 2 children | $1,085 | $785 | $972 | $2,204 | $1,430 |
| 2 adults 1 child | $1,085 | $831 | $1,159 | $1,281 | $1,059 |
| 1 adult 1 child | $1,085 | $537 | $711 | $1,281 | $1,015 |
| 2 adults | $903 | $668 | $898 | $0 | $700 |
| 1 adult | $761 | $364 | $449 | $0 | $581 |
Safety trends & Data
In Ozaukee County, Wisconsin, property crimes have fluctuated, with larceny-theft being the most common. Notably, there was a spike in burglaries in 2022, reaching 23 incidents, and vandalism showed varying trends with a high of 57 incidents in 2020 and a low of 41 in 2021. While motor vehicle theft had occasional peaks, it generally remained low. These crime trends could impact property valuations and insurance premiums, making enhanced security measures and targeted prevention strategies... Read more
Property Crime Trends in Ozaukee County, WI Over the Last 5 Years
Over the past five years in Ozaukee County, Wisconsin, property crimes have shown significant fluctuations, with larceny-theft consistently being the most prevalent issue. Noteworthy trends include a spike in burglaries in 2022 reaching 23 incidents, and a steady, though varied, presence of vandalism which ranged from a high of 57 incidents in 2020 to a low of 41 incidents in 2021. Motor vehicle theft showed occasional peaks but remained low overall. These insights suggest focusing on enhanced security measures and targeted crime prevention strategies for those considering real estate investments or moving to the area. For appraisers and insurance agents, the variability in specific crime categories might influence property valuations and insurance premiums.
Demographics
In Ozaukee County, Wisconsin, there are similar numbers of males and females among adults, suggesting a balanced gender population. Education-wise, a significant portion of the population holds at least an associate's degree, with a notable peak at the bachelor's degree level. The age spread shows a mature demographic, with a substantial number over 55 years old. Racially, the county is predominantly white, but there is some diversity with Asian and Black or African American residents making up... Read more
Race Distribution in Ozaukee County, Wisconsin (2022)
Educational Attainment in Ozaukee County, Wisconsin (2022)
Age Distribution in Ozaukee County, Wisconsin
Citizen Population in Ozaukee County, Wisconsin (2022)
Political Trends & Data
In Ozaukee County, Wisconsin, the 2020 U.S. Presidential Election results might illustrate a mild Republican preference, with around 55% backing the GOP and approximately 43% supporting Democrats. Minor parties, like Libertarian and Green, captured a negligible voter share, underscoring a strong two-party system within this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Ozaukee County, Wisconsin, the 2020 U.S. Presidential Election results perhaps reflect a slight Republican leaning, with approximately 55% of the votes. Democrats garnered about 43%, while other parties, including Libertarian and Green, combined for a minor share. This distribution suggests a predominantly two-party preference within the county, with minor parties capturing a relatively insignificant portion of the electorate.
55.15% of voters voted for the Republican party in the 2020 Presidential Election
43.13% of voters voted for the Democrat party in the 2020 Presidential Election
1.05% of voters voted for the Livertarian party in the 2020 Presidential Election
0.03% of voters voted for the Green party in the 2020 Presidential Election
0.64% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Ozaukee County, Wisconsin has shown notable fluctuations over the past nine years, peaking at 23 in 2022 before returning to 15 in 2023. Although the ratio typically hovers around 17 to 15, it occasionally exceeds the national average of 14. This variability in classroom size directly impacts educational quality, influencing individual attention per student and the allocation of classroom resources. For investors, real estate agents, and potential residents,... Read more
Student-to-teacher ratio in Ozaukee County, Wisconsin over the last 9 years
Over the past nine years, the student-to-teacher ratio in Ozaukee County, Wisconsin has oscillated significantly, peaking at 23 in 2022 before dropping back to 15 in 2023. Despite these fluctuations, the trend appears to hover around the 17 to 15 range, occasionally exceeding the national average of 14 students per teacher. This variability can have implications for educational quality, affecting everything from individual student attention to classroom resources. Investors, real estate agents, and prospective residents might want to consider these factors when evaluating the appeal of the local education system. Lower ratios generally suggest better learning environments, potentially enhancing property values and making the area more attractive to families.
