Trempealeau County Real Estate and Livability Trends
Trempealeau County, Wisconsin has seen promising economic indicators, with average taxable income per return rising from $46,951.02 in 2013 to $62,883.33 by 2021. This could point to a robust local economy, making it potentially attractive for investors and real estate professionals. Real estate taxes jumped from $3,453.41 in 2012 to $5,091.49 by 2021, possibly reflecting rising property values... Read more
Trempealeau County Market Trends
Trempealeau County's real estate market has seen its median home values rise to $193,700 in 2022, still below Wisconsin's median but comparable to national trends. Energy tax credits have been unpredictable, peaking at $3050.00 in 2018, suggesting fluctuating incentives that could affect cost planning. Average real estate taxes increased from $3,453.41 in 2012 to $5,091.49 by 2021, indicating... Read more
Median Value of Occupied Housing Units in Trempealeau County, Wisconsin Over the Last 8 Years
From 2015 to 2022, Trempealeau County's median home values have seen a steady climb, culminating in a significant uptick to $193,700 in 2022. Though still trailing Wisconsin's state median of $231,400 in 2022, Trempealeau's growth parallels the state's increasing trend, in contrast to the national increase from $125,500 to $179,400 over the same period. Investors and homebuyers might find this area appealing for its growth potential, offering relatively lower entry points compared to state and national averages while showing promising upward movement.
Residential Energy Tax Credit Per Tax Return in Trempealeau County, WI Over the Last 9 Years
Trempealeau County, Wisconsin has seen fluctuating residential energy tax credits per tax return over the past nine years. Notably, 2018 marked a sharp increase with an average tax credit of $3050.00, contrasting starkly with the lower figures in other years like $538.46 in 2017. For those considering investment, property development, or real estate activities, the variability in energy tax credits could indicate shifting policies or incentives that might impact cost projections or financial planning.
Average Real Estate Taxes Per Tax Return in Trempealeau County, WI Over the Last 10 Years
Over the past decade, Trempealeau County in Wisconsin has generally seen a steady increase in average real estate taxes per tax return. Starting at about $3,453.41 in 2012, the figure rose to approximately $5,091.49 by 2021. This trend suggests a continual rise in property values or tax rates, which might interest potential investors, real estate agents, and even current homeowners looking to evaluate the cost implications of owning and insuring property in the area. While this indicates potential growth and stability in the local real estate market, it's crucial to consider other factors like local economic conditions and municipal budget changes that might also influence these tax increases.
Percentage of Farm Returns in Trempealeau County, WI Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Trempealeau County, Wisconsin, has shown a gradual decline. In 2012, farm returns made up approximately 8.18% of total tax filings, but by 2021, this figure had dropped to around 6.85%. This trend could indicate changing dynamics in the agricultural sector, perhaps due to rising costs, shifts in land use, or economic pressures, which might be critical for potential investors or residents to consider. Farm tax returns provide insights into the financial health and sustainability of farming operations, reflecting broader trends in rural economies and land utilization.
Number of Mortgages by Occupancy Type in Trempealeau County, WI Over the Last 5 Years in Trempealeau County
Trempealeau County, Wisconsin has seen a notable fluctuation in mortgage counts over the past five years, with a significant spike in mortgages for principal residences in 2020. Meanwhile, investment property mortgages remained relatively steady, and second residence mortgages showed only slight variations. These shifts matter for investors, real estate agents, and appraisers because they can affect market dynamics, property values, and insurance risk assessments. An increase in principal residence mortgages might signal a growing demand for housing, while stability in investment property suggests consistent interest from landlords or speculators. For those planning to build or buy, these trends offer a snapshot of where the demand lies, potentially influencing decisions on property investment and development.
Economic Outlook
Trempealeau County, Wisconsin, has experienced a rising trend in average taxable income per tax return, growing from $46,951.02 in 2013 to $62,883.33 by 2021. This suggests a potentially attractive environment for investors, developers, and real estate professionals due to presumed economic health. Moreover, the steady increase in state and local income taxes, which reached $7,884.78 in 2021, and the notable spike in total tax liability per return in 2021 to $8,414.30, hint at evolving fiscal... Read more
Average Taxable Income per Tax Return in Trempealeau County, WI over the last 9 years
Trempealeau County, Wisconsin has seen a generally increasing trend in the average taxable income per tax return over the last nine years, starting at $46,951.02 in 2013 and rising to $62,883.33 in 2021. This steady growth, with a notable jump between 2020 and 2021, suggests a healthy economic environment which might be attractive to potential investors, property developers, and real estate agents. For those contemplating a move or already living in the county, this could mean improving job opportunities and overall economic stability. Similarly, appraisers and insurance agents could view this upward trend as a signal of rising property values and associated risks.
Average State and Local Income Taxes Per Tax Return in Trempealeau County, WI Over the Last 10 Years
Over the past decade, Trempealeau County in Wisconsin has seen a general upward trend in average state and local income taxes per tax return, with an initial dip from $6,498.82 in 2013 to $5,810.63 in 2014, followed by a consistent increase starting from 2018. By 2021, this figure has increased to $7,884.78. These gradual increases are potentially significant for those looking to invest in or move to the area as higher taxes can indicate a growing economy or increasing public services. Property appraisers and insurance agents might be particularly interested in how these tax trends correlate with property values and insurance policies, while real estate agents could leverage this data to better inform potential buyers about the financial landscape.
Average Total Tax Liability Per Tax Return in Trempealeau County, WI Over the Last 10 Years
In Trempealeau County, Wisconsin, the average total tax liability per tax return has fluctuated over the past decade, showing a notable spike in 2021 when it reached $8414.30. This increase represents a significant leap from the consistent patterns observed between 2013 and 2020, where values hovered mostly in the $6500-$7300 range. Such trends might hint at changing economic conditions or local fiscal policies that could be of interest to investors, appraisers, and real estate agents looking to understand the financial landscape of the area. These shifts are crucial for anyone considering the economic stability and fiscal responsibilities associated with living or investing here.
Cost of Living in Trempealeau County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,175 | $1,379 | $2,268 | $1,504 | $1,523 |
| 1 adult 4 children | $1,175 | $1,126 | $1,737 | $1,504 | $1,662 |
| 2 adults 3 children | $1,175 | $1,127 | $1,966 | $1,504 | $1,253 |
| 1 adult 3 children | $1,175 | $920 | $1,436 | $1,504 | $1,391 |
| 2 adults 2 children | $878 | $922 | $1,665 | $1,307 | $992 |
| 1 adult 2 children | $878 | $689 | $1,134 | $1,307 | $1,025 |
| 2 adults 1 child | $878 | $729 | $1,363 | $666 | $867 |
| 1 adult 1 child | $878 | $471 | $832 | $666 | $754 |
| 2 adults | $667 | $586 | $1,062 | $0 | $644 |
| 1 adult | $616 | $319 | $531 | $0 | $566 |
Safety trends & Data
Trempealeau County, Wisconsin has seen fluctuations in property crimes over the last five years, with declines in burglary and larceny-theft since 2018. However, vandalism incidents remain consistently high, peaking at 14 in 2020. These trends suggest a potential need for stronger property security measures for those considering investment or real estate opportunities. Additionally, fraud and motor vehicle theft have shown a modest but stable presence, which could be important for assessing... Read more
Property Crime Trends in Trempealeau County, WI Over the Last 5 Years
Over the last five years, Trempealeau County, Wisconsin has seen fluctuations in property crimes, with notable declines in burglary and larceny-theft since 2018. However, vandalism remains consistently high, peaking at 14 incidents in 2020 and staying elevated. For those eyeing investment or real estate opportunities, these trends may suggest a need for stronger property security measures. Additionally, fraud and motor vehicle theft incidents have shown a modest but stable presence, highlighting areas where focus could be placed to improve overall safety. Understanding these crime trends can be crucial for insurance agents assessing risk and for anyone looking to move or invest in the area.
Demographics
Trempealeau County, Wisconsin shows an almost balanced gender ratio with a slightly higher male adult population. Educational attainment indicates a majority are high school graduates, though a significant portion have some college education or higher degrees. The age distribution suggests a relatively older population with a notable number of residents aged 55 and above. Racially, the county is predominantly white, though there are small but present populations of other races, with "some other... Read more
Race Distribution in Trempealeau County, Wisconsin (2022)
Educational Attainment in Trempealeau County, Wisconsin (2022)
Age Distribution in Trempealeau County, Wisconsin
Citizen Population in Trempealeau County, Wisconsin (2022)
Political Trends & Data
Trempealeau County, Wisconsin, displayed a moderate Republican leaning in the 2020 U.S. Presidential Election, with around 57% support for the Republican party. The Democratic party secured roughly 41% of the vote, suggesting a significant yet not majority influence. Minor parties like the Libertarians and Greens had minimal impact, with around 1% or less each, highlighting a political scene dominated by the two main parties, with third-party sway being fairly... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Trempealeau County, Wisconsin, appeared to lean moderately Republican in the 2020 U.S. Presidential Election, with approximately 57% of the vote going to the Republican party. The Democratic party captured close to 41%, indicating a notable but not predominant Democratic support base. Minor parties like the Libertarians and Greens only garnered marginal support, with each receiving around 1% or less of the vote. This trend potentially reflects a political landscape where traditional two-party dominance remains strong, while third-party influences are minimal.
57.43% of voters voted for the Republican party in the 2020 Presidential Election
40.86% of voters voted for the Democrat party in the 2020 Presidential Election
1.15% 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
Trempealeau County, Wisconsin has seen its student-to-teacher ratio dip from 13.46 in 2014 to 12.67 in 2023, staying below the national average of 14. This lower ratio may signal more personalized education, appealing to families and potentially boosting property values. This trend is worth noting for educators, appraisers, and investors focused on the balance of demand and educational resources in the... Read more
Student-to-teacher ratio in Trempealeau County, Wisconsin over the last 9 years
Trempealeau County, Wisconsin has experienced a gradual decline in its student-to-teacher ratio over the past nine years, dropping from 13.46 in 2014 to 12.67 in 2023. As this ratio has consistently stayed below the national average of 14 students per teacher, it could signal an appealing factor for families seeking more individualized attention for their children's education. This trend might influence real estate decisions, as a lower student-to-teacher ratio often indicates a higher quality of education, potentially raising property values. Additionally, this could be a significant consideration for educators, appraisers, and investors considering the balance of demand and resources in the local educational infrastructure.
