Waukesha County Real Estate and Livability Trends
Waukesha County, Wisconsin's real estate market might be increasingly attractive given the steady rise in average taxable income from $83,352.78 in 2013 to $125,173.71 in 2021. Despite nearly doubled income taxes over the decade, higher personal incomes could still lure investors. Median home values hitting $352,600 in 2022 could signal better returns, although increasing real estate taxes now... Read more
Waukesha County Market Trends
Waukesha County, Wisconsin's median home values have climbed to $352,600 in 2022, outpacing state and national figures, which may suggest better returns for investors. Meanwhile, residential energy tax credits per tax return peaked dramatically in 2018 at $2,188.46, reflecting likely policy changes and energy efficiency upgrades. Real estate taxes per tax return have consistently increased,... Read more
Median Value of Occupied Housing Units in Waukesha County, Wisconsin Over the Last 8 Years
Waukesha County, Wisconsin's median home values have experienced a steady increase over the last eight years, reaching $352,600 in 2022. This growth rate seems robust compared to Wisconsin's overall median value of $231,400 and the national median of $179,400 for the same year. For investors and homebuyers, these trends suggest that Waukesha might offer higher returns and greater property value appreciation than broader state and national markets. This might make Waukesha County an appealing option for those looking to capitalize on a more valuable real estate market.
Residential Energy Tax Credit Per Tax Return in Waukesha County, WI Over the Last 9 Years
Waukesha County, Wisconsin has seen notable fluctuations in residential energy tax credits per tax return over the past nine years. While the average started at around $244.37 in 2013 and increased to $273.50 by 2015, it surged dramatically in 2018 to $2,188.46, likely due to substantial policy changes or uptake in energy-efficient upgrades. More recent years have settled at lower, yet still elevated amounts compared to earlier periods, with 2021 averaging $632.24. This volatility may indicate evolving energy efficiency measures and incentives, making it a dynamic factor for prospective homebuyers, real estate investors, and insurance agents to monitor.
Average Real Estate Taxes Per Tax Return in Waukesha County, WI Over the Last 10 Years
In Waukesha County, Wisconsin, real estate taxes per tax return have shown a consistent upward trend over the past decade, with significant jumps in recent years. Starting at approximately $5,331.23 in 2012, there was a notable spike in 2018 reaching $6,526.03 and continuing to climb to around $7,162.63 by 2021. This escalates taxes pressures on homeowners and stresses the importance of including rising property taxes in financial planning for investors, prospective residents, and industry professionals.
Percentage of Farm Returns in Waukesha County, WI Over the Last 10 Years
The percentage of farm tax returns in Waukesha County, Wisconsin has seen a slight decline over the last decade, dipping from 0.30% in 2012 to 0.23% in 2021. This downward trend might suggest that fewer farms are claiming tax benefits over time, potentially indicating a shift in land use or agricultural activity in the area. For those considering investments or property development in Waukesha County, understanding these dynamics could be essential, as they might reflect broader economic or lifestyle changes impacting the local agricultural sector.
Number of Mortgages by Occupancy Type in Waukesha County, WI Over the Last 5 Years in Waukesha County
Waukesha County, Wisconsin has seen varied activity in mortgage counts based on occupancy types over the last five years. Principal Residence mortgages consistently dominate, peaking in 2020 at 47,390 before dropping to around 20,829 in 2022. Investment Property mortgages showed a notable uptick from 605 in 2018 to 923 in 2021, pointing to increasing interest in rental and commercial ventures. Second Residence mortgages remain significantly lower yet stable, indicating some ongoing demand for vacation or seasonal homes. These shifts suggest changing economic conditions, influencing property value assessments and insurance risks—key considerations for investors, builders, real estate agents, and anyone involved in property valuation or purchase decisions.
Economic Outlook
Waukesha County, Wisconsin's real estate market could be increasingly appealing due to a steady rise in average taxable income per tax return from $83,352.78 in 2013 to $125,173.71 in 2021, which might indicate growing economic prosperity. Despite the nearly doubled state and local income taxes from $9,091.99 in 2012 to $18,818.82 in 2021, the area could still be attractive for investment due to higher personal incomes. The consistent increase in average total tax liability per tax return,... Read more
Average Taxable Income per Tax Return in Waukesha County, WI over the last 9 years
Waukesha County, Wisconsin has seen a noticeable upward trend in average taxable income per tax return over the last nine years, starting from $83,352.78 in 2013 and rising steadily to $125,173.71 in 2021. This growth underscores the county's potentially increasing economic prosperity and attractiveness for investment. Such an increase could indicate a stable or improving job market and might appeal to those looking to buy property, investors seeking promising areas, and real estate agents targeting high-income clients. Insurance agents and appraisers should be aware of these trends as they may influence property valuations and insurance rates in the area.
Average State and Local Income Taxes Per Tax Return in Waukesha County, WI Over the Last 10 Years
Waukesha County, Wisconsin has seen a notable increase in average state and local income taxes per tax return over the past decade. Back in 2012, this figure was $9,091.99, but by 2021, it had nearly doubled to $18,818.82. The most dramatic rise occurred between 2017 and 2018, where the taxes spiked from $10,152.64 to $14,485.78. This trend could indicate a growing economic base and possibly higher personal incomes, making the county an intriguing option for real estate agents and investors seeking growth opportunities.
Average Total Tax Liability Per Tax Return in Waukesha County, WI Over the Last 10 Years
Over the past decade, Waukesha County, Wisconsin has seen a steady increase in the average total tax liability per tax return, rising from $15,655.77 in 2012 to $24,435.02 in 2021. This upward trend could suggest a growing local economy, with potential increases in property values and incomes. For investors and real estate professionals, this might indicate robust opportunities but also the necessity to account for higher associated costs. Appraisers and insurance agents may find these metrics critical for adjusting their evaluations and premiums accordingly.
Cost of Living in Waukesha County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,631 | $1,552 | $1,824 | $2,742 | $2,113 |
| 1 adult 4 children | $1,631 | $1,268 | $1,403 | $2,742 | $2,264 |
| 2 adults 3 children | $1,631 | $1,268 | $1,579 | $2,742 | $1,865 |
| 1 adult 3 children | $1,631 | $1,035 | $1,158 | $2,742 | $2,021 |
| 2 adults 2 children | $1,296 | $1,038 | $1,334 | $2,403 | $1,450 |
| 1 adult 2 children | $1,296 | $775 | $912 | $2,403 | $1,579 |
| 2 adults 1 child | $1,296 | $820 | $1,088 | $1,302 | $1,107 |
| 1 adult 1 child | $1,296 | $530 | $667 | $1,302 | $1,097 |
| 2 adults | $1,079 | $659 | $843 | $0 | $737 |
| 1 adult | $909 | $360 | $421 | $0 | $619 |
Safety trends & Data
Waukesha County, Wisconsin has experienced substantial changes in property crime trends over the past five years, notably in larceny-theft, plunging from 1,554 cases in 2018 to 782 in 2022. Burglary incidents have drastically decreased, dropping from 124 in 2018 to just 21 in 2022, while vandalism cases have remained relatively stable. Interestingly, embezzlement cases recently rose to 24 in 2022. These mixed trends offer potential implications for property investors, residents, and local... Read more
Property Crime Trends in Waukesha County, WI Over the Last 5 Years
The property crime landscape in Waukesha County, Wisconsin has seen notable shifts over the past five years. The most substantial fluctuation has been in larceny-theft, which peaked at 1,554 cases in 2018 and significantly dropped to 714 by 2021 before slightly rising to 782 in 2022. Burglary incidents have also trended downward, from 124 in 2018 to just 21 in 2022. Vandalism cases have remained relatively steady, ranging from 139 to 191 over the examined period. Interestingly, instances of embezzlement have shown variability, with a recent increase to 24 cases in 2022. This mixed pattern of crime trends offers both caution and opportunity for potential investors, residents, and local authorities concerned with property safety and economic impacts.
Demographics
Waukesha County, Wisconsin exhibits a slightly higher female population compared to male. Educational achievement shows a significant lean towards higher education, with many residents holding a bachelor's degree or higher, suggesting a well-educated community. The age distribution suggests a substantial segment of the population is middle-aged, particularly those in the 55 to 64-year bracket, which could imply a considerable number of residents approaching retirement. The racial composition is... Read more
Race Distribution in Waukesha County, Wisconsin (2022)
Educational Attainment in Waukesha County, Wisconsin (2022)
Age Distribution in Waukesha County, Wisconsin
Citizen Population in Waukesha County, Wisconsin (2022)
Political Trends & Data
Waukesha County, Wisconsin, saw a significant lean towards the Republican party in the 2020 Presidential Election, with almost 60% of the vote. Democrats lagged behind with nearly 39%, while minor parties like Libertarian and Green barely made a dent, collectively pulling in less than 2%. This Republican dominance might play a role in shaping local and state political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Waukesha County, Wisconsin, leaned significantly towards the Republican party in the 2020 Presidential Election, with nearly 60% of votes. The Democrats trailed behind, garnering close to 39% of the vote. Minor party candidates, including Libertarian and Green, appeared to have attracted minimal support, collectively amounting to less than 2%. This suggests a strong Republican presence in the county, potentially influencing local and state political dynamics.
59.57% of voters voted for the Republican party in the 2020 Presidential Election
38.77% of voters voted for the Democrat party in the 2020 Presidential Election
1.13% 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
0.51% of voters voted for the Other party in the 2020 Presidential Election
School Data
Waukesha County, Wisconsin has experienced significant fluctuations in its student-to-teacher ratio over the past nine years, peaking at nearly 23 students per teacher in 2018. Despite a reduction to around 18 students per teacher recently, the ratio is still above the national average of 14. These variations could influence property values, attract new residents, and shape real estate agent strategies. For investors and appraisers, grasping these changes is crucial when predicting school... Read more
Student-to-teacher ratio in Waukesha County, Wisconsin over the last 9 years
Waukesha County, Wisconsin has seen significant fluctuations in its student-to-teacher ratio over the past nine years, peaking at nearly 23 students per teacher in 2018. Despite a partial reduction to approximately 18 students per teacher in recent years, the ratio remains higher than the national average of 14. These variations can impact educational quality, affecting property values, desirability for new residents, and the efforts of real estate agents. For investors and appraisers, understanding these changes is crucial when forecasting school district performance and community growth potential, while insurance agents might assess varied risks based on educational infrastructure.
