Washington County Real Estate and Livability Trends
Washington County, Wisconsin has observed a compelling rise in median home values from $215,400 in 2015 to $293,300 in 2022, outpacing both state and national trends. This suggests a burgeoning real estate market that is drawing investor attention. While residential energy tax credits peaked in 2018 due to energy-efficient upgrades, they have since stabilized, hinting at a sustained interest in... Read more
Washington County Market Trends
Washington County, Wisconsin has seen a robust median home value increase from $215,400 in 2015 to $293,300 in 2022, outpacing both state and national trends. While residential energy tax credits peaked significantly in 2018, likely due to investments in energy-efficient upgrades, they stabilized around the mid-$400 range post-2018. Real estate taxes have also climbed, with a notable jump from... Read more
Median Value of Occupied Housing Units in Washington County, Wisconsin Over the Last 8 Years
Washington County, Wisconsin, has seen a robust increase in median home values over the last eight years, outpacing both state and national trends. From $215,400 in 2015 to $293,300 in 2022, the county's almost $80,000 increase highlights its rapid growth compared to Wisconsin's $65,600 climb and the national $53,900 rise during the same period. This substantial appreciation might signal strong demand and attractiveness for investors and prospective homeowners looking for solid property value gains in this regional marketplace.
Residential Energy Tax Credit Per Tax Return in Washington County, WI Over the Last 9 Years
Washington County, Wisconsin has seen a notable fluctuation in the average residential energy tax credit per tax return over the last nine years. The credit significantly spiked in 2018 when the average value surpassed $2,116.67, which could suggest substantial investments in energy-efficient upgrades or solar installations during that year. Post-2018, the average seemed to stabilize around the mid-$400 range, giving potential investors or homeowners insight into the region's evolving energy efficiency trends. Such trends are valuable for those looking to benefit from energy tax credits while improving property value.
Average Real Estate Taxes Per Tax Return in Washington County, WI Over the Last 10 Years
Real estate taxes per tax return in Washington County, Wisconsin have generally trended upward over the past decade. What stands out is the significant leap from $4,315.08 in 2017 to $5,200.76 in 2018, and a continued increase reaching $5,637.61 in 2020. Such changes suggest a potentially growing demand for housing or increases in property values, impacting decisions for those considering investment or relocation. Understanding this trend could benefit real estate agents and investors looking for opportunities, as well as appraisers and insurance agents, who need to account for these tax fluctuations when evaluating properties.
Percentage of Farm Returns in Washington County, WI Over the Last 10 Years
The percentage of farm returns in Washington County, Wisconsin has experienced a slight but noticeable decline over the past decade. Starting at approximately 0.95% in 2012, the percentage dipped to roughly 0.70% by 2021. Farm tax returns reflect the economic health of local agriculture, so this downward trend may suggest decreased farming activity or profitability in the area. This can impact land values, local employment, and investment opportunities, potentially making the county less attractive for agricultural investments but possibly more appealing for other forms of development.
Number of Mortgages by Occupancy Type in Washington County, WI Over the Last 5 Years in Washington County
Over the past five years, Washington County, Wisconsin has seen a fluctuating trend in mortgage counts across categories: principal residences consistently dominate mortgage counts but witnessed a notable decline from 2020 to 2022. Investment properties have experienced a more steady, albeit smaller, decrease, while second residences have maintained relatively low and stable numbers. This shift in occupancy types may hint at shifting housing priorities or economic conditions, which can impact property values, insurance needs, and investment potentials. For real estate agents, appraisers, and potential investors, understanding these dynamics offers insights into market stability and the types of properties that might garner higher demand in the future.
Economic Outlook
In Washington County, Wisconsin, the average taxable income per tax return has seen a steady rise from around $66,210.01 in 2013 to $91,719.64 by 2021, indicating growing affluence in the region. Concurrently, average state and local income taxes have increased sharply, from around $6,771.41 in 2012 to $11,991.70 in 2021, potentially affecting investment decisions and financial planning. Moreover, the average total tax liability per tax return has escalated from $10,074.85 in 2012 to $15,011.54... Read more
Average Taxable Income per Tax Return in Washington County, WI over the last 9 years
Washington County, Wisconsin, has seen a notable increase in average taxable income per tax return over the last nine years, starting from around $66,210.01 in 2013 and rising to approximately $91,719.64 by 2021. This upward trend suggests a growing affluence in the region, potentially making it an attractive area for real estate investment and development. The gradual increase, with some variability, reflects a healthy economic environment, beneficial for residents, property appraisors, insurance agents, and those looking to move to or invest in this midwestern county.
Average State and Local Income Taxes Per Tax Return in Washington County, WI Over the Last 10 Years
Investors, movers, appraisers, and property builders in Washington County, Wisconsin should note the sharp increase in average state and local income taxes per tax return over the last decade. From around $6,771.41 in 2012 to approximately $11,991.70 in 2021, the trend suggests heightened tax burdens that could impact financial planning and living costs. Real estate agents and insurance agents might find this rise particularly relevant when advising clients on long-term commitments or assessing property values in the area.
Average Total Tax Liability Per Tax Return in Washington County, WI Over the Last 10 Years
Over the last decade, Washington County, Wisconsin, has seen a consistent upward trend in the average total tax liability per tax return, starting at $10,074.85 in 2012 and escalating to $15,011.54 by 2021. This increase, particularly sharp between 2020 and 2021, may reflect broader economic shifts, changes in local tax policy, or rising incomes. The growing tax liability could indicate a robust local economy and increased property values, making this region potentially attractive for real estate investors, while also necessitating careful consideration by prospective homebuyers and insurance agents.
Cost of Living in Washington County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,375 | $1,468 | $1,945 | $2,087 | $1,780 |
| 1 adult 4 children | $1,375 | $1,199 | $1,496 | $2,087 | $1,942 |
| 2 adults 3 children | $1,375 | $1,199 | $1,683 | $2,087 | $1,503 |
| 1 adult 3 children | $1,375 | $979 | $1,234 | $2,087 | $1,653 |
| 2 adults 2 children | $1,093 | $982 | $1,421 | $1,835 | $1,176 |
| 1 adult 2 children | $1,093 | $733 | $972 | $1,835 | $1,281 |
| 2 adults 1 child | $1,093 | $776 | $1,159 | $1,015 | $983 |
| 1 adult 1 child | $1,093 | $501 | $711 | $1,015 | $922 |
| 2 adults | $909 | $623 | $898 | $0 | $701 |
| 1 adult | $766 | $340 | $449 | $0 | $586 |
Safety trends & Data
In Washington County, Wisconsin, property crimes exhibit fluctuating trends over the past five years. Notably, larceny-theft saw a dip in 2021 before rising in 2022, while embezzlement rates peaked in 2018 but dropped sharply thereafter, possibly due to better corporate safeguards. Vandalism has steadily declined, which could suggest an improving outlook for community safety. Real estate investors and agents may find these trends indicative of shifting security dynamics, which could impact... Read more
Property Crime Trends in Washington County, WI Over the Last 5 Years
In Washington County, Wisconsin, property crimes have experienced fluctuating trends over the last five years. Larceny-theft consistently records the highest numbers but saw a notable dip in 2021 before rising again in 2022. Equally interesting, embezzlement rates peaked in 2018 but dropped significantly afterward, signaling potentially increased corporate safeguards or shifts in economic conditions. Vandalism occurrences have gradually declined, offering a positive outlook for community safety and property owners. Investors and real estate agents might find these trends indicative of changing security dynamics, while appraisers and insurance agents should consider the potential risks and benefits reflected in these statistics when assessing property values and premiums.
Demographics
Washington County, Wisconsin, shows a near-even split in gender, compelling for understanding market segmentation and social services. Education is weighted towards high school graduates and Bachelor's degrees, hinting at a mid to higher-education demographic with some skilled labor. Age distribution skews slightly older, suggesting opportunities in healthcare, senior services, and perhaps a stable workforce. Race data points to a predominantly White population with minimal representation from... Read more
Race Distribution in Washington County, Wisconsin (2022)
Educational Attainment in Washington County, Wisconsin (2022)
Age Distribution in Washington County, Wisconsin
Citizen Population in Washington County, Wisconsin (2022)
Political Trends & Data
Washington County, Wisconsin, is marked by a notable Republican inclination, potentially capturing over 68% of the 2020 U.S. Presidential Election vote and leaving Democrats with about 30%. Third parties barely register, combining for roughly 1%, indicating a possibly entrenched conservative political culture. This political climate might indirectly influence local real estate trends, as conservative-leaning areas may experience different growth patterns compared to more politically diverse... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Washington County, Wisconsin, showed a significant leaning towards the Republican party in the 2020 U.S. Presidential Election, with just over 68% of the vote possibly going to the GOP. Democrats seemed to hold a smaller share, around 30%, reflecting a potential preference for conservative candidates in this area. Third parties like the Libertarian and Green parties seemed to barely make a dent, capturing just around 1% combined. These trends could suggest a strong, possibly entrenched Republican presence in the local political landscape.
68.40% of voters voted for the Republican party in the 2020 Presidential Election
30.26% of voters voted for the Democrat party in the 2020 Presidential Election
1.07% of voters voted for the Livertarian party in the 2020 Presidential Election
0.03% of voters voted for the Green party in the 2020 Presidential Election
0.24% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the last nine years, Washington County, Wisconsin has seen its student-to-teacher ratio fluctuate between around 20 to 15 students per teacher. An increasing ratio may imply crowded classrooms or strained resources, while decreases toward the national average of 14 students per teacher could indicate more personalized attention. For investors, potential residents, and other stakeholders, these trends could offer insights into the quality of education and resource allocation in local... Read more
Student-to-teacher ratio in Washington County, Wisconsin over the last 9 years
Over the last nine years, Washington County, Wisconsin has seen fluctuations in its student-to-teacher ratio, ranging from approximately 20 to 15 students per teacher. This occasionally rising ratio could suggest crowded classrooms or strained resources, whereas dips closer to the national average of 14 students per teacher may indicate more personalized attention for students. For investors, potential residents, and other stakeholders, understanding these trends might offer insights into the quality of education and resource allocation in local schools, which can impact property values, community satisfaction, and future development plans.
