Sawyer County Real Estate and Livability Trends
Sawyer County, Wisconsin has seen a notable rise in median home values, jumping from $160,400 in 2015 to $210,700 by 2022, which aligns with economic growth indicators like increased average taxable income. This trend suggests the county is becoming more attractive for investors and homebuyers, mirroring wider economic trends. However, rising local and state income taxes, along with climbing... Read more
Sawyer County Market Trends
Sawyer County, Wisconsin's real estate market has seen its median home values rise from $160,400 in 2015 to $210,700 by 2022, showcasing a recent surge in growth that aligns with wider economic trends. This might appeal to investors given the aggressive upward movement compared to the national median of $179,400. Residential energy tax credits peaked noticeably at around $944.44 in 2019,... Read more
Median Value of Occupied Housing Units in Sawyer County, Wisconsin Over the Last 8 Years
Sawyer County, Wisconsin has experienced an interesting trajectory in median home values over the past 8 years. Starting at $160,400 in 2015, the value saw a steady increase, with a dramatic rise to $210,700 by 2022. This growth, although slower initially, surged in recent years, reflecting both local and broader economic trends. Compared to Wisconsin's statewide median of $231,400 in 2022, Sawyer County's housing market shows some catching up to do. Nationally, the median stood at $179,400, making Sawyer County's upward movement more aggressive and potentially lucrative for investors.
Residential Energy Tax Credit Per Tax Return in Sawyer County, WI Over the Last 8 Years
Sawyer County, Wisconsin, has seen fluctuating trends in residential energy tax credits per tax return over the last eight years, peaking noticeably at around $944.44 in 2019. This variability might suggest a heightened interest in energy-efficient upgrades or responses to policy changes. For investors, developers, and real estate agents, understanding these fluctuations could be crucial for anticipating market demands and potential property values. Higher tax credits likely indicate increased property attractiveness due to energy-efficient investments, possibly leading to more sustainable living conditions and long-term cost savings for residents.
Average Real Estate Taxes Per Tax Return in Sawyer County, WI Over the Last 10 Years
Sawyer County, Wisconsin has experienced a notable upward trend in average real estate taxes per tax return over the past decade. Beginning at $3,483.25 in 2012, real estate taxes showed moderate fluctuations before accelerating significantly from 2017 onward, with an appreciable spike to $5,270.73 in 2020. This progressive increase highlights potential rising property values and possibly increased fiscal allocations in the area, which may impact investors, homebuyers, appraisers, insurance agents, developers, and real estate agents by signaling a growing economic landscape but also higher carrying costs for property owners.
Percentage of Farm Returns in Sawyer County, WI Over the Last 10 Years
Sawyer County, Wisconsin, has seen a relatively stable trend in the percentage of farm tax returns over the past decade, hovering mostly between 1.4% and 1.7%. Minor fluctuations observed over the years might indicate varied agricultural activities and economic conditions affecting local farmers. For those looking to invest, understanding these numbers could be crucial in assessing the stability of agricultural operations in the region. Farm tax returns, representing tax filings by farmers, are an indicator of the health of the farming sector and can provide insights into the economic sustainability of farming activities within the county. This could be pivotal for developers, investors, or potential residents considering the agricultural productivity and investment opportunities in Sawyer County.
Number of Mortgages by Occupancy Type in Sawyer County, WI Over the Last 5 Years in Sawyer County
Over the past five years in Sawyer County, Wisconsin, the number of mortgages for principal residences has fluctuated significantly, peaking in 2021 with 958 mortgages, while investment properties remained relatively stable. Second residences saw a notable spike in 2020, reaching 749 mortgages before tapering off. These shifts in occupancy types can signal broader economic and lifestyle trends, impacting market dynamics and influencing investment decisions. Real estate agents and appraisers might use this data to gauge demand, while potential homeowners and insurance agents could consider these patterns when making decisions about purchasing or insuring property in the county.
Economic Outlook
Sawyer County, Wisconsin has posted a significant boost in average taxable income per tax return, climbing from $45,783.62 in 2013 to $69,429.08 in 2021. This upward trend hints at economic growth, making the area more attractive to investors and homebuyers. State and local income taxes per tax return have also risen considerably, from $5,818.50 in 2012 to $10,152.63 by 2021, marking a higher cost of living that could impact property assessments. Additionally, overall tax liabilities have shown... Read more
Average Taxable Income per Tax Return in Sawyer County, WI over the last 9 years
Sawyer County, Wisconsin has experienced a notable upward trend in the average taxable income per tax return over the past nine years, starting at approximately $45,783.62 in 2013 and rising to around $69,429.08 in 2021. This increase indicates potential economic growth and prosperity, making it a potentially attractive destination for investors and homebuyers. Real estate agents and property developers could find these insights valuable when advising clients, as the rising incomes may suggest a stronger housing market and the opportunity for higher property values. Insurance agents and appraisers might also note the financial stability indicated by this trend when assessing risk and property values.
Average State and Local Income Taxes Per Tax Return in Sawyer County, WI Over the Last 10 Years
Sawyer County, Wisconsin has seen a considerable increase in average state and local income taxes per tax return over the past decade. Starting from around $5,818.50 in 2012, these taxes have surged to $10,152.63 by 2021. This steady climb, with a notable jump between 2017 and 2018, suggests a rising cost of living and potentially higher property assessments. Prospective investors, real estate agents, and residents should consider this trend when evaluating financial commitments and long-term planning in the area.
Average Total Tax Liability Per Tax Return in Sawyer County, WI Over the Last 10 Years
Over the past decade, Sawyer County, Wisconsin has seen fluctuating average total tax liabilities per tax return, with a noticeable upward trend. Starting at approximately $6,529.42 in 2012, the tax liability rose to $10,411.22 by 2021. Interestingly, while there were some declines, such as in 2018 at around $7,462.04, overall tax liabilities have increased, potentially impacting investment decisions, property values, and the cost of living. This data might suggest increasing tax burdens, influencing financial planning for potential homeowners, investors, and real estate professionals.
Cost of Living in Sawyer County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,064 | $1,488 | $2,215 | $1,445 | $1,482 |
| 1 adult 4 children | $1,064 | $1,215 | $1,697 | $1,445 | $1,622 |
| 2 adults 3 children | $1,064 | $1,216 | $1,921 | $1,445 | $1,204 |
| 1 adult 3 children | $1,064 | $992 | $1,402 | $1,445 | $1,328 |
| 2 adults 2 children | $874 | $995 | $1,627 | $1,256 | $993 |
| 1 adult 2 children | $874 | $743 | $1,108 | $1,256 | $1,018 |
| 2 adults 1 child | $874 | $786 | $1,332 | $641 | $869 |
| 1 adult 1 child | $874 | $508 | $813 | $641 | $748 |
| 2 adults | $664 | $632 | $1,038 | $0 | $648 |
| 1 adult | $606 | $345 | $519 | $0 | $559 |
Safety trends & Data
Sawyer County, Wisconsin, has experienced fluctuating property crime rates in recent years. Burglary incidents, for example, ranged from a low of 3 in 2020 to a high of 11 in 2018 and were at 10 in 2022. Larceny-theft also showed significant variability, dropping to 7 cases in 2021 only to climb back to 20 in 2022, after peaking at 24 in 2018. While arson cases were minimal, motor vehicle thefts, fraud, and vandalism showed similar volatility. These variable crime rates could be essential... Read more
Property Crime Trends in Sawyer County, WI Over the Last 5 Years
Sawyer County, Wisconsin, has seen fluctuating property crime rates over the past five years. Burglary incidents peaked in 2018 with 11 reported cases but dropped to as low as 3 in 2020 before rising again to 10 in 2022. Larceny-Theft remained the predominant issue, showing significant variability, peaking at 24 cases in 2018 and experiencing a dip to 7 in 2021, only to increase back to 20 in 2022. Instances of arson were minimal, with occasional spikes in certain years. Motor vehicle thefts, fraud, and vandalism figures were relatively lower but exhibited similar volatility. These trends could imply variable property crime risks, critical for prospective homeowners, investors, and real estate professionals to consider.
Demographics
Sawyer County, Wisconsin exhibits a slight male majority with 7636 males compared to 7051 females. Education levels suggest a significant portion of the population possesses a high school diploma, while a notable segment advances to college without completing a degree. Age distribution skews towards older adults, with a substantial concentration in the 55-64 year bracket. Race demographics highlight a predominantly White community at 14007 individuals, with American Indian and Alaska Native... Read more
Race Distribution in Sawyer County, Wisconsin (2022)
Educational Attainment in Sawyer County, Wisconsin (2022)
Age Distribution in Sawyer County, Wisconsin
Citizen Population in Sawyer County, Wisconsin (2022)
Political Trends & Data
Sawyer County, Wisconsin, leans Republican, with over 56% of the 2020 U.S. Presidential Election votes favoring the Republican candidate. The Democratic candidate received just under 43%, indicating a relatively competitive political environment. Minor parties, including the Libertarian and Green parties, attracted minimal attention, emphasizing the stronghold of the two major parties. This political leaning might influence future elections and inform the county's political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Sawyer County in Wisconsin appears to lean Republican, reflected in the 2020 U.S. Presidential Election where over 56% of the votes went to the Republican candidate. The Democratic candidate garnered slightly less than 43%, suggesting a relatively competitive political landscape. Minor parties like the Libertarian and Green parties, alongside other candidates, received trace amounts of the total vote share, highlighting the prevailing influence of the two major parties in this region. This voting pattern may have implications for future local and national elections, offering insights into the area's political alignment and potential shifts.
56.22% of voters voted for the Republican party in the 2020 Presidential Election
42.80% of voters voted for the Democrat party in the 2020 Presidential Election
0.59% 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
0.38% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past nine years, Sawyer County, Wisconsin has experienced substantial changes in its student-to-teacher ratio, peaking at 35:1 in 2018 before dropping to 18:1 in 2023. This ratio, still above the national average of 14:1, could impact educational outcomes, local investments, and property values. For prospective investors and real estate agents, such trends indicate potential shifts in community demographics and funding needs. Families might find the lower student-to-teacher ratio... Read more
Student-to-teacher ratio in Sawyer County, Wisconsin over the last 9 years
Over the past nine years, Sawyer County, Wisconsin has seen significant fluctuations in its student-to-teacher ratio. Notably, the ratio peaked at 35 students per teacher in 2018, but has since decreased to around 18 students per teacher in 2023, which is still higher than the current national average of 14 students per teacher. These changes could affect future educational outcomes, investment in local infrastructure, and property values. For prospective investors and real estate agents, this indicates a potential for dynamic shifts in community demographics and educational funding needs. Additionally, lower student-to-teacher ratios generally signify better educational attention per student, which might appeal to families considering a move to Sawyer County. Similarly, appraisers and insurance agents might find these trends useful when assessing the value and risk associated with properties in the area.
