Rock County Real Estate and Livability Trends
Rock County, Wisconsin, has seen an upward trend in average taxable income per tax return, jumping from $51,262.91 in 2013 to $68,394.36 in 2021, likely signaling rising affluence and economic stability. The median home value rose from $131,800 in 2015 to $193,000 in 2022, outpacing the national figure and highlighting growth potential. Property crime rates show mixed trends, with a notable fall... Read more
Rock County Market Trends
Over the last eight years, Rock County, Wisconsin has seen a steady rise in the median value of occupied housing units, up from $131,800 in 2015 to $193,000 in 2022. Despite lagging behind Wisconsin’s $231,400 median in 2022, it outpaces the national figure of $179,400, highlighting affordability with growth potential for investors. Residential energy tax credits in the county peaked at... Read more
Median Value of Occupied Housing Units in Rock County, Wisconsin Over the Last 8 Years
Over the last eight years, Rock County, Wisconsin has experienced a steady increase in the median value of occupied housing units, jumping from $131,800 in 2015 to $193,000 in 2022. This local appreciation significantly lags behind Wisconsin's $231,400 median value in 2022 but outpaces the national figure, which hit $179,400 in the same year. Such trends might be compelling for those looking to invest in Rock County; it suggests potential for value growth while being relatively more affordable compared to both state and national averages.
Residential Energy Tax Credit Per Tax Return in Rock County, WI Over the Last 9 Years
Residential energy tax credits in Rock County, Wisconsin have seen some notable fluctuations over the past nine years. While the average tax credit hovered between $270.00 and $400.00 from 2013 to 2017, there was a striking increase in 2018, peaking at approximately $1,327.27. This spike suggests a significant rise in residential energy-efficient investments or perhaps a policy change. In recent years, averages have settled again, albeit at higher levels compared to the early period, with 2021 at around $974.50. This trend could interest real estate investors, insurers, and homeowners given the potential implications for property values and energy savings initiatives.
Average Real Estate Taxes Per Tax Return in Rock County, WI Over the Last 10 Years
Over the last decade in Rock County, Wisconsin, real estate taxes per tax return have seen a consistent upward trend, escalating from roughly $3,786.66 in 2012 to about $5,954.49 by 2021. This notable increase suggests that property values might be rising, which could impact appraisals and insurance premiums. For investors and those considering relocation, this trend might indicate a growing demand and potentially stable investment climate. Real estate agents and builders might find the evolving tax landscape crucial for pricing strategies and financial forecasting.
Percentage of Farm Returns in Rock County, WI Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Rock County, Wisconsin has shown a gradual decline, dropping from 1.71% in 2012 to around 1.45% by 2021. This slight but steady decrease might indicate a shift away from traditional farming or a consolidation in the agriculture industry. For investors and those interested in property development, this trend could suggest potential changes in land use and market opportunities within the county. Understanding these dynamics is crucial for making informed decisions in this evolving agricultural landscape.
Number of Mortgages by Occupancy Type in Rock County, WI Over the Last 5 Years in Rock County
In Rock County, Wisconsin, there's been a notable shift in mortgage counts by occupancy type over the last five years. Principal residences consistently dominate the market, with a peak in 2021 at 11,613 mortgages but declined sharply to 7,581 in 2022. Investment properties and second residences remain a smaller yet stable segment, though investment property mortgages saw a slight decrease over time. These trends suggest a fluctuating demand in the housing market, which could be critical for investors gauging the stability and potential return on rental properties. For appraisers and insurance agents, understanding these shifts aids in assessing property values and risk profiles accurately. Builders and real estate agents might need to adjust strategies based on the demand for different property types, while potential residents can gain insight into market dynamics affecting homeownership opportunities.
Economic Outlook
Rock County, Wisconsin, has shown an upward trend in average taxable income per tax return, which jumped from $51,262.91 in 2013 to $68,394.36 in 2021. This could point to rising affluence and economic stability. Additionally, state and local income taxes saw a spike from a range of $6,200.00-$6,600.00 up to $11,099.07 in 2021, something investors and home buyers should consider. The average total tax liability also trended upwards, from $7,435.90 in 2012 to $10,049.42 in 2021, suggesting... Read more
Average Taxable Income per Tax Return in Rock County, WI over the last 9 years
Rock County, Wisconsin has seen a generally upward trend in average taxable income per tax return over the past nine years, climbing from $51,262.91 in 2013 to $68,394.36 in 2021. This increase may appeal to those considering investment opportunities, as it indicates a potential rise in affluence and economic stability in the area. The growth in taxable income might also be of interest to real estate agents and property developers, signaling a possibly expanding market with higher spending power. Additionally, insurance agents and appraisers could find this data useful in adjusting coverage or valuation considerations accordingly.
Average State and Local Income Taxes Per Tax Return in Rock County, WI Over the Last 10 Years
Rock County, Wisconsin has experienced a significant increase in average state and local income taxes per tax return over the past decade. While the values hovered around $6,200.00 to $6,600.00 from 2012 to 2017, a notable jump occurred starting in 2018, reaching a peak of approximately $11,099.07 in 2021. This upward trend suggests rising local and state tax burdens, which potential investors, home buyers, and real estate professionals should keep in mind when considering property acquisitions or relocations in the area. Additionally, insurance agents and appraisers might see changes in their assessments given the higher tax implications.
Average Total Tax Liability Per Tax Return in Rock County, WI Over the Last 10 Years
Over the past decade, Rock County, Wisconsin has exhibited a varying yet overall upward trend in average total tax liability per tax return. Starting at approximately $7,435.90 in 2012, there has been a steady increase, culminating in a peak of $10,049.42 by 2021. This trend may suggest rising incomes or changes in tax policy affecting residents, and it is important for investors, appraisers, and potential homeowners to understand these shifts. The higher tax liabilities could reflect an economic growth pattern, potentially making the area more attractive for development and investment.
Cost of Living in Rock County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,360 | $1,488 | $1,626 | $2,099 | $1,570 |
| 1 adult 4 children | $1,360 | $1,215 | $1,250 | $2,099 | $1,758 |
| 2 adults 3 children | $1,360 | $1,216 | $1,408 | $2,099 | $1,323 |
| 1 adult 3 children | $1,360 | $992 | $1,031 | $2,099 | $1,522 |
| 2 adults 2 children | $1,017 | $995 | $1,189 | $1,845 | $1,030 |
| 1 adult 2 children | $1,017 | $743 | $813 | $1,845 | $1,130 |
| 2 adults 1 child | $1,017 | $786 | $971 | $1,020 | $875 |
| 1 adult 1 child | $1,017 | $508 | $595 | $1,020 | $799 |
| 2 adults | $773 | $632 | $753 | $0 | $569 |
| 1 adult | $748 | $345 | $376 | $0 | $544 |
Safety trends & Data
Property crime trends in Rock County, Wisconsin have shown a mix of declines and fluctuations over the past five years, with larceny-theft incidents dropping from 791.00 in 2018 to 563.00 in 2022. Burglary rates saw a steep fall from 108.00 in 2018 to just 33.00 in 2021, though they rose again to 68.00 in 2022. Vandalism cases and motor vehicle thefts exhibited a similar pattern, with downward trends interrupted by slight increases. This evolving safety landscape may enhance Rock County's... Read more
Property Crime Trends in Rock County, WI Over the Last 5 Years
Property crime trends in Rock County, Wisconsin reveal fluctuating numbers over the last five years, with notable declines in certain areas. Larceny - Theft incidents, while remaining the most common, have seen a general decrease from 791.00 incidents in 2018 to 563.00 in 2022. Burglary rates dropped significantly from 108.00 in 2018 to a low of 33.00 in 2021, before rising again to 68.00 in 2022. Vandalism cases trended downward from 261.00 in 2018, hitting a low in 2020, but slightly increased again by 2022, and motor vehicle thefts have shown minor fluctuations. Overall, the crime data suggest a mixed but improving safety landscape, potentially making Rock County more appealing for residents and investors.
Demographics
Rock County, Wisconsin's adult population is relatively balanced between males and females, though women slightly outnumber men. Education-wise, the bulk of residents have at least a high school diploma, with a significant portion obtaining some college education or higher degrees. The age distribution suggests a stable population across different age groups, with a notable presence of individuals in their 20s and 30s. Despite its predominant White demographic, Rock County also showcases some... Read more
Race Distribution in Rock County, Wisconsin (2022)
Educational Attainment in Rock County, Wisconsin (2022)
Age Distribution in Rock County, Wisconsin
Citizen Population in Rock County, Wisconsin (2022)
Political Trends & Data
Rock County, Wisconsin, appears to have leaned towards the Democratic party in the 2020 presidential election, securing roughly 54.70% of votes compared to the Republicans' 43.50%. Minor parties like the Libertarians and Greens barely made a dent, with only about 1.30% and 0.02% of the vote, respectively. This strong two-party preference might hint at shifting political dynamics or demographic changes in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Rock County, Wisconsin, showed a leaning towards the Democratic party in the 2020 presidential election, with approximately 54.7% of the vote. Republicans trailed with around 43.5%, while minor parties like the Libertarians and Greens garnered minimal support at about 1.3% and 0.02%, respectively. Votes for other parties were also sparse, indicating a strong two-party preference in the region. This trend could suggest a shift in political dynamics or reflect ongoing demographic and social changes in the county.
43.51% of voters voted for the Republican party in the 2020 Presidential Election
54.66% of voters voted for the Democrat party in the 2020 Presidential Election
1.28% 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
0.53% of voters voted for the Other party in the 2020 Presidential Election
School Data
Rock County, Wisconsin's student-to-teacher ratio has seen dramatic changes over the past nine years, with a notable peak in 2018 at 44 students per teacher, far exceeding the national average of 14 students per teacher. Recently, the ratio has stabilized around 14 to 17 students per teacher from 2021 to 2023. These shifts could affect property values, investment potential, and the area’s attractiveness to families, which in turn might influence school funding, teacher recruitment, and... Read more
Student-to-teacher ratio in Rock County, Wisconsin over the last 9 years
Rock County, Wisconsin has seen significant fluctuations in its student-to-teacher ratio over the past nine years, with a dramatic spike in 2018 reaching 44 students per teacher, compared to the national average of 14 students per teacher. In recent years, the ratio appears to have stabilized closer to the national average, hovering around 14 to 17 students per teacher from 2021 to 2023. These shifts could impact property values, investment opportunities, and the appeal of the area for families, possibly affecting school funding, teacher recruitment, and educational quality, which are critical factors for various stakeholders including investors, real estate agents, and new residents.
