St. Croix County Real Estate and Livability Trends
St. Croix County, Wisconsin has witnessed substantial real estate value growth, with median home values rising from $205,400 in 2015 to $323,900 in 2022. Economic indicators like average taxable income, which grew to $108,080.78 in 2021, and a climb in real estate taxes, now at approximately $5,924.56, underscore an upswing in financial activity. Decreasing property crimes and a mild shift from... Read more
St. Croix County Market Trends
St. Croix County, Wisconsin's real estate market has seen significant shifts over the past decade. Median home values have surged from $205,400 in 2015 to $323,900 in 2022, outpacing state and national trends. Residential energy tax credits per return hit a peak of $4,614.29 in 2018, indicating a boom in energy-saving investments. While real estate taxes have climbed consistently, reaching... Read more
Median Value of Occupied Housing Units in St. Croix County, Wisconsin Over the Last 8 Years
Median home values in St. Croix County, Wisconsin have shown a robust upward trend over the past eight years, jumping from $205,400 in 2015 to $323,900 in 2022. This far outpaces the state median value increases in Wisconsin, where values rose from $165,800 to $231,400 within the same timeframe. Nationally, the increase is more modest, with values moving from $125,500 to $179,400. For prospective investors and residents, this significant appreciation in St. Croix County suggests a strong local housing market, making it a potentially lucrative area for real estate investment and development.
Residential Energy Tax Credit Per Tax Return in St. Croix County, WI Over the Last 9 Years
St. Croix County, Wisconsin has experienced notable fluctuations in residential energy tax credits per tax return over the past nine years, peaking at an impressive $4,614.29 in 2018. From 2013 through 2017, the average ranged between roughly $389.00 and $460.19 per return, but this expanded notably in the latter part of the period, suggesting a surge in energy-saving investments by residents or shifts in policy incentives. This trend could be particularly relevant for property investors, builders, appraisers, and insurance agents who need to consider the potential for enhanced energy efficiency value in homes. Real estate agents might also highlight such energy incentives as a selling point for prospective homebuyers interested in sustainable living.
Average Real Estate Taxes Per Tax Return in St. Croix County, WI Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in St. Croix County, Wisconsin have generally trended upward. Starting at approximately $3,963.84 in 2012, there has been a consistent increase, with significant jumps observed around 2017 and 2018, peaking at $5,924.56 by 2021. This upward trend could be indicative of rising property values or changes in local tax policies, making it crucial for potential investors and residents to factor in increasing tax obligations when considering property acquisitions or relocations to the area.
Percentage of Farm Returns in St. Croix County, WI Over the Last 10 Years
Over the past decade, St. Croix County, Wisconsin has shown a gradual decline in the percentage of farm tax returns. Back in 2012, approximately 3.14% of tax returns were farm-related, but by 2021 this had dropped to around 2.41%. These figures suggest a possible shift away from agriculture as a primary source of income in the area, which could impact local economic strategies, property values, and investment opportunities. For potential investors or new residents, understanding these trends is critical, as they could influence local market dynamics and the broader economic landscape.
Number of Mortgages by Occupancy Type in St. Croix County, WI Over the Last 5 Years in St. Croix County
The mortgage data for St. Croix County, Wisconsin reveals distinct occupancy trends over the last five years. Principal residences dominate the market, although there is a noticeable decline from a peak in 2020. Investment properties and second residences show more variation, with a slight downturn in 2022. Changes in occupancy type might matter as shifts toward principal residences suggest a stable, family-oriented community, which could affect everything from investment strategies to insurance premiums. Investors may find limited opportunities in the fluctuating investment property segment, while appraisers and real estate agents might focus on the prevalent demand for principal residences.
Economic Outlook
St. Croix County, Wisconsin has seen notable economic growth, with average taxable income rising from roughly $87,992.48 in 2020 to $108,080.78 in 2021, possibly making it an attractive locale for real estate investments. However, state and local income taxes have fluctuated, hitting $23,576.17 in 2021, which suggests a volatile financial landscape impacting long-term desirability for investors. Additionally, the area's average total tax liability per tax return has nearly doubled over the past... Read more
Average Taxable Income per Tax Return in St. Croix County, WI over the last 9 years
St. Croix County, Wisconsin has experienced a generally upward trend in average taxable income per tax return over the past nine years, suggesting potential economic growth and increased earning capacity. The most notable spike occurred between 2020 and 2021, where the average income jumped from roughly $87,992.48 to $108,080.78. This could indicate favorable economic conditions or significant income growth during that period, making it an interesting location for real estate investments, and financial opportunities. Appraisers and insurance agents might consider these trends when evaluating property values and setting premiums.
Average State and Local Income Taxes Per Tax Return in St. Croix County, WI Over the Last 10 Years
Over the past decade, St. Croix County, Wisconsin has seen a significant fluctuation in average state and local income taxes per tax return. Starting from $6,949.35 in 2012, the values showed a general upward trend with notable spikes, particularly in 2018 and 2021, reaching $12,532.89 and $23,576.17 respectively. This volatility may suggest a changing financial landscape, influencing decisions for potential investors, homeowners, and stakeholders considering property or business ventures in the area. Stability in tax rates is often a vital consideration for real estate agents and appraisers when evaluating the long-term desirability and financial sustainability of a location.
Average Total Tax Liability Per Tax Return in St. Croix County, WI Over the Last 10 Years
The average total tax liability per tax return in St. Croix County, Wisconsin has generally increased over the past decade, rising from approximately $10,493.46 in 2012 to around $19,073.67 in 2021. This could indicate a growing economic base or income levels in the area, possibly making it a more attractive location for investment and living. Prospective homebuyers, real estate agents, and insurers might find this data useful as it hints at financial trends and economic stability within the county. Notably, the significant jump in tax liability around 2017 and 2021 may be worth exploring further to understand underlying factors.
Cost of Living in St. Croix County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,644 | $1,584 | $2,058 | $2,087 | $2,059 |
| 1 adult 4 children | $1,644 | $1,294 | $1,583 | $2,087 | $2,207 |
| 2 adults 3 children | $1,644 | $1,294 | $1,780 | $2,087 | $1,771 |
| 1 adult 3 children | $1,644 | $1,057 | $1,306 | $2,087 | $1,934 |
| 2 adults 2 children | $1,210 | $1,060 | $1,503 | $1,835 | $1,352 |
| 1 adult 2 children | $1,210 | $791 | $1,029 | $1,835 | $1,424 |
| 2 adults 1 child | $1,210 | $837 | $1,226 | $1,015 | $1,083 |
| 1 adult 1 child | $1,210 | $541 | $752 | $1,015 | $1,037 |
| 2 adults | $986 | $673 | $949 | $0 | $774 |
| 1 adult | $864 | $367 | $475 | $0 | $661 |
Safety trends & Data
In St. Croix County, Wisconsin, property crime trends illustrate a potential reduction in overall risk for new developments. Larceny-theft, the most frequent crime, has decreased significantly from 210 incidents in 2018 to 103 in 2022. Vandalism has varied, peaking at 70 cases in 2020, important for insurance assessments. Burglary incidents saw a notable decline from 20 in 2019 to around 10 annually since 2021. Minor yet steady cases of motor vehicle theft and embezzlement suggest specific... Read more
Property Crime Trends in St. Croix County, WI Over the Last 5 Years
In St. Croix County, Wisconsin, larceny-theft consistently ranks as the most prevalent property crime over the last five years, with numbers peaking at 210 incidents in 2018 before gradually declining to 103 in 2022. Vandalism has shown fluctuating levels, reaching a high of 70 cases in 2020, which might be of interest for insurance agents and appraisers assessing risk. Meanwhile, burglary numbers peaked in 2019 with 20 incidents but dropped significantly to stabilize around 10 incidents annually from 2021 onwards. Minor yet steady occurrences of motor vehicle theft and embezzlement signify potential hotspots for targeted security enhancements if you're planning to invest or build properties in the county. Real estate agents and potential residents should note these trends for a comprehensive view of the area’s safety landscape.
Demographics
St. Croix County, Wisconsin has a fairly even split between male and female adults, indicating a balanced gender demographic. The majority of the population has at least a high school diploma, with a substantial number holding bachelor’s or higher degrees, suggesting a community that values education. The age distribution points to a relatively youthful and working-age population, with significant numbers in the 25-64 age range, which may drive economic activity and community services.... Read more
Race Distribution in St. Croix County, Wisconsin (2022)
Educational Attainment in St. Croix County, Wisconsin (2022)
Age Distribution in St. Croix County, Wisconsin
Citizen Population in St. Croix County, Wisconsin (2022)
Political Trends & Data
Saint Croix County, Wisconsin's real estate market might be subtly influenced by its political landscape, where around 57% of the 2020 Presidential Election votes likely went to the Republican party, suggesting a conservative majority. This political leaning could indirectly shape housing preferences, potentially favoring more traditional single-family homes over diverse housing solutions. With minimal influence from third-party candidates, the consistency of the political climate could offer... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Saint Croix County, Wisconsin, the 2020 U.S. Presidential Election results showed a significant leaning toward the Republican party, with estimates suggesting they received around 57% of the vote. The Democrats trailed, potentially capturing about 41%, while the Libertarian party's support seemed minimal, hovering around 1.5%. The Green party and other candidates received fractions of votes, barely making a dent in the overall results. This distribution may indicate a strong conservative presence in the county, with third-party influences appearing negligible.
56.78% of voters voted for the Republican party in the 2020 Presidential Election
40.89% of voters voted for the Democrat party in the 2020 Presidential Election
1.55% 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
0.75% of voters voted for the Other party in the 2020 Presidential Election
School Data
St. Croix County, Wisconsin has experienced erratic student-to-teacher ratios, spiking from 16 students per teacher in 2014 to about 24 in 2020, with a recent adjustment down to 22. These figures surpass the national average of 14 students per teacher, potentially signaling challenges in educational quality that could influence local property values. This could highlight lucrative opportunities for builders and educators to strengthen educational infrastructures or incentivize more teaching... Read more
Student-to-teacher ratio in St. Croix County, Wisconsin over the last 9 years
St. Croix County, Wisconsin has seen fluctuating student-to-teacher ratios over the past nine years, with a significant increase from 16 students per teacher in 2014 to nearly 24 in 2020, before dropping slightly to around 22 in recent years. This trend suggests larger class sizes compared to the national average of 14 students per teacher, which might impact educational quality and student performance. Potential investors and residents might find this indicative of the need for improved educational infrastructure, while appraisors and real estate agents could see implications in property values tied to local school quality. For builders and educators, this could mean opportunities for new educational facilities or incentives to attract more teaching professionals to the area.
