Pierce County Real Estate and Livability Trends
Pierce County, Wisconsin's rising economic indicators, including a jump to $83,957.14 in average taxable incomes by 2021, hint at strong investment potential and growing appeal for residents. Median home values hitting $278,700 in 2022 far surpass state and national trends, making the area a hotspot for real estate appreciation. However, increasing real estate taxes and fluctuating crime rates... Read more
Pierce County Market Trends
Pierce County, Wisconsin has seen a substantial rise in median home values, peaking at $278,700 in 2022, significantly outpacing both state and national growth trends. This makes the county particularly appealing for investors and homebuyers looking for solid appreciation potential. The average residential energy tax credit per tax return has shown notable fluctuations, peaking dramatically in... Read more
Median Value of Occupied Housing Units in Pierce County, Wisconsin Over the Last 8 Years
Pierce County, Wisconsin has experienced a steady increase in median home values over the past eight years, peaking at $278,700 in 2022, up from $191,000 in 2015. This growth has been more pronounced compared to both state and national trends, where Wisconsin's median home values reached $231,400 and the U.S. average hit $179,400 in 2022. This suggests that Pierce County might be an attractive option for investors and homebuyers seeking appreciation potential.
Residential Energy Tax Credit Per Tax Return in Pierce County, WI Over the Last 9 Years
Pierce County, Wisconsin has seen significant fluctuations in the average residential energy tax credit per tax return over the past nine years. Notably, there was a substantial spike in 2018 with an average credit of $3,350.00, which then dramatically dropped to $1,086.96 in 2019. Recently, the average surged again to $1,566.67 in 2021. These variances may reflect changing policies or increased incentives for energy-efficient upgrades, which could be of particular interest to investors, property developers, and residents aiming to capitalize on energy savings.
Average Real Estate Taxes Per Tax Return in Pierce County, WI Over the Last 10 Years
In Pierce County, Wisconsin, real estate taxes per tax return have risen steadily over the past decade. Starting at approximately $4,383.07 in 2012, they have climbed to around $5,901.43 by 2021. This upward trend could indicate increasing property values or rising local government budgets, making it relevant for potential investors, homebuyers, appraisers, insurance agents, and real estate professionals to consider. Understanding these escalating taxes can also aid in financial planning for current and future residents.
Percentage of Farm Returns in Pierce County, WI Over the Last 10 Years
Over the last decade, Pierce County, Wisconsin has observed a gradual decline in the percentage of farm tax returns. In 2012, the percentage stood at around 5.56%, tapering off to approximately 4.56% by 2021. This trend might hint at either a shift in the economic focus of the area or challenges in the agricultural sector, making it crucial for investors or those looking to move to the area to be aware of these dynamics in local farming. Farm tax returns represent the filings made by agricultural businesses for income tax purposes, reflecting their financial health and, indirectly, the vitality of the agricultural industry in the county. Those interested in building property or investing in Pierce County should consider how these shifts could impact land use and local markets.
Number of Mortgages by Occupancy Type in Pierce County, WI Over the Last 5 Years in Pierce County
In Pierce County, Wisconsin, over the past five years, there's been notable fluctuation in mortgage counts across different occupancy types. Principal residences consistently make up the majority of mortgages, demonstrating stable demand for primary housing. Investment properties, while significantly lower in numbers, peaked in 2021 but have seen a general decrease, likely reflecting shifting market conditions or changes in investor confidence. Second residences show minimal but steady activity, indicating some interest but less priority for secondary homes. These shifts in mortgage patterns can signal where the market is heading, helping investors, appraisers, and real estate agents make more informed decisions about the county's real estate landscape.
Economic Outlook
Pierce County, Wisconsin has witnessed a significant rise in average taxable incomes over the last nine years, jumping from about $59,310.28 in 2013 to roughly $83,957.14 in 2021. This trend suggests economic growth, which could be attractive to investors and prospective residents. Concurrently, state and local income taxes per tax return have more than doubled, hitting $11,472.46 in 2021 from $6,156.14 in 2012, with notable spikes in 2018-2019 and 2021. These changes hint at broader economic... Read more
Average Taxable Income per Tax Return in Pierce County, WI over the last 9 years
Pierce County, Wisconsin has seen a noticeable increase in average taxable income per tax return over the last nine years, climbing from approximately $59,310.28 in 2013 to around $83,957.14 in 2021. This upward trend could point to economic growth and possibly higher earning opportunities in the area. Such trends matter for potential investors, real estate agents, and those considering relocating to Pierce County as they suggest a robust economic climate. For appraisers and insurance agents, the heightened income levels could influence property valuations and coverage costs, respectively.
Average State and Local Income Taxes Per Tax Return in Pierce County, WI Over the Last 10 Years
Pierce County, Wisconsin has seen a notable rise in average state and local income taxes per tax return over the past decade. Starting at $6,156.14 in 2012, there was a consistent increase each year, reaching $11,472.46 in 2021. Particularly striking were the tax hikes between 2018 and 2019 as well as the jump in 2021, likely reflecting broader economic shifts or policy changes. For potential investors, real estate developers, or new residents, understanding these trends is crucial for financial planning and long-term commitments in the area.
Average Total Tax Liability Per Tax Return in Pierce County, WI Over the Last 10 Years
Over the past decade, average total tax liabilities per tax return in Pierce County, Wisconsin have shown a notable upward trajectory. Starting at $8,369.31 in 2012 and climbing to $12,766.11 in 2021, this trend may suggest rising incomes or increasing property values in the area. For potential investors and real estate agents, these upward shifts could signal a robust local economy. However, for appraisers and insurance agents, it's crucial to consider how these rising tax liabilities might impact property valuations and insurance premiums.
Cost of Living in Pierce County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,445 | $1,798 | $2,058 | $1,794 | $1,964 |
| 1 adult 4 children | $1,445 | $1,468 | $1,583 | $1,794 | $2,087 |
| 2 adults 3 children | $1,445 | $1,469 | $1,780 | $1,794 | $1,647 |
| 1 adult 3 children | $1,445 | $1,199 | $1,306 | $1,794 | $1,794 |
| 2 adults 2 children | $1,064 | $1,202 | $1,503 | $1,589 | $1,269 |
| 1 adult 2 children | $1,064 | $898 | $1,029 | $1,589 | $1,314 |
| 2 adults 1 child | $1,064 | $950 | $1,226 | $922 | $1,052 |
| 1 adult 1 child | $1,064 | $614 | $752 | $922 | $974 |
| 2 adults | $867 | $763 | $949 | $0 | $770 |
| 1 adult | $760 | $416 | $475 | $0 | $645 |
Safety trends & Data
Pierce County, Wisconsin exhibits fluctuating property crime trends that could sway real estate decisions. Burglary peaked at 9 cases in 2018, dropped to 2 in 2019, but hovered around 8 in 2021 and 2022. Larceny-theft spiked in 2019 with 20 cases and settled at 6 by 2022. Motor vehicle theft stayed low, peaking at 9 in 2018. Vandalism remains consistent around 10 cases annually. These crime patterns could impact insurance premiums and property values, important for both investors and potential... Read more
Property Crime Trends in Pierce County, WI Over the Last 5 Years
Property crime in Pierce County, Wisconsin over the past five years shows fluctuating trends across different categories. Burglary incidents peaked in 2018 with 9 cases, dropped in 2019 to just 2, but saw a resurgence in 2021 and 2022 with 8 each. Larceny-Theft saw a notable spike in 2019 at 20 cases but steadily decreased to 6 by 2022. Motor Vehicle Theft remains relatively low throughout, with its highest at 9 in 2018. Vandalism shows consistency, hovering around 10 cases annually. These variations can influence insurance premiums, property values, and could be pivotal for those considering investments or relocations.
Demographics
Pierce County, Wisconsin, sees a nearly balanced adult population of males and females, hinting at a relatively equal gender distribution. While almost half of the residents have a high school diploma or some college experience, it’s worth noting the substantial portion with bachelor's and higher degrees, which might indicate a potential for a skilled workforce. The age distribution skews towards middle-aged and older adults, suggesting a community that may require varied services for... Read more
Race Distribution in Pierce County, Wisconsin (2022)
Educational Attainment in Pierce County, Wisconsin (2022)
Age Distribution in Pierce County, Wisconsin
Citizen Population in Pierce County, Wisconsin (2022)
Political Trends & Data
In Pierce County, Wisconsin, the real estate market might be influenced by its predominantly conservative voting behavior, with the Republican party securing around 55% of the vote and Democrats capturing roughly 42%. Although third-party representation is minimal at 1.6%, the notable liberal presence could reflect a diverse community. This political landscape may influence both buyer preferences and development trends in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Pierce County, Wisconsin appears to demonstrate a leaning toward the Republican party with roughly 55% of the vote, while the Democrats received approximately 42%. Third-party representation seems minimal, with Libertarians capturing about 1.6%. These voting patterns could suggest a predominantly conservative electorate, though the Democrat share indicates a notable liberal presence.
54.96% of voters voted for the Republican party in the 2020 Presidential Election
42.01% of voters voted for the Democrat party in the 2020 Presidential Election
1.64% 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
1.36% of voters voted for the Other party in the 2020 Presidential Election
School Data
Pierce County, Wisconsin has experienced notable fluctuations in its student-to-teacher ratio over the past nine years, ranging from a high of 28 in 2016 to a low of approximately 14 in 2023. Recent trends showing a decreasing ratio to just above the national average may indicate broader changes in local demographics, school funding, and community priorities. This is relevant for potential investors, homeowners, educators, and real estate agents, as these factors often influence property... Read more
Student-to-teacher ratio in Pierce County, Wisconsin over the last 9 years
Pierce County, Wisconsin has seen significant fluctuations in its student-to-teacher ratio over the past nine years, with values ranging from a high of 28 in 2016 to a low of approximately 14 in 2023. Recent years show a trend toward decreasing ratios, reaching just above the national average of 14 students per teacher. These shifts in the student-to-teacher ratio can have meaningful implications for potential investors, homeowners, educators, and real estate agents, as they often reflect broader changes in local demographics, school funding, and community priorities—factors that can influence property values, insurance premiums, and overall demand for housing.
