Waupaca County Real Estate and Livability Trends
In Waupaca County, Wisconsin, the average taxable income per tax return jumped from around $49,474.58 in 2013 to roughly $66,001.47 by 2021. This could mean a stronger local economy, potentially leading to higher property values and larger budgets for real estate. Property values lag statewide trends, rising from $137,300 in 2015 to $178,500 in 2022, and real estate taxes have steadily increased,... Read more
Waupaca County Market Trends
Waupaca County, Wisconsin has seen the median value of occupied homes increase from $137,300 in 2015 to $178,500 in 2022, though this growth lags behind the statewide surge from $165,800 to $231,400. The average residential energy tax credits have fluctuated, peaking in 2018 at $1,700.00 and indicating varying resident investments in energy efficiency. Real estate taxes have also risen steadily,... Read more
Median Value of Occupied Housing Units in Waupaca County, Wisconsin Over the Last 8 Years
Over the past eight years, Waupaca County, Wisconsin has seen a steady increase in the median value of occupied housing units, jumping from $137,300 in 2015 to $178,500 in 2022. This growth, though steady, pales in comparison to the statewide trend, where the median home value surged from $165,800 to $231,400 within the same period. Nationally, the trajectory has been slightly more modest, from $125,500 to $179,400. For anyone considering investing, relocating to, or building property in Waupaca County, it’s worth noting that local property values are increasing, albeit at a slower pace than the broader state level, which may imply more affordable opportunities in the region while still benefiting from a rising market.
Residential Energy Tax Credit Per Tax Return in Waupaca County, WI Over the Last 9 Years
The trend in Waupaca County, Wisconsin, shows fluctuating average residential energy tax credits per tax return over the past nine years, with notable spikes in 2017 ($567.86), 2018 ($1,700.00), and 2021 ($762.07). This volatility may suggest periods of increased investment in energy-efficient home improvements or variations in available tax incentives. For investors, real estate agents, or anyone interested in the local property market, these trends could indicate changing priorities among residents regarding sustainability and energy efficiency, potentially influencing property values and development opportunities.
Average Real Estate Taxes Per Tax Return in Waupaca County, WI Over the Last 10 Years
Over the past decade in Waupaca County, Wisconsin, the average real estate taxes per tax return have shown a steady increase, rising from approximately $3,707 in 2012 to about $5,406 in 2021. Notably, there was a significant jump in 2018, where the average taxes surged to around $5,341. This trend is essential for potential homeowners, investors, and real estate professionals as it reflects the growing property tax burden in the area, potentially influencing decisions on property investment, valuation, and affordability.
Percentage of Farm Returns in Waupaca County, WI Over the Last 10 Years
Over the last decade, Waupaca County in Wisconsin has seen a gradual decline in the percentage of farm tax returns, dropping from approximately 4.06% in 2012 to around 3.37% in 2021. Farm tax returns reflect the financial health and volume of agricultural operations within a region, impacting property values, investment opportunities, and local economic development. These trends might suggest a shift towards non-agricultural land use or changes in the profitability of farming, which could influence decisions for potential investors, developers, and residents contemplating a move to or within the area.
Number of Mortgages by Occupancy Type in Waupaca County, WI Over the Last 5 Years in Waupaca County
Waupaca County, Wisconsin has seen fluctuations in the number of mortgages across different occupancy types over the past five years. Investment properties have shown slight volatility but remain relatively low, while mortgages for principal residences peaked in 2021 and bottomed out in 2022. Second residences have generally seen minor variations but had a noticeable drop in 2022. The decline in mortgages for second residences and principal homes might suggest shifts in market demand or economic conditions affecting affordability and investment attractiveness. For real estate agents, investors, and those moving into the area, understanding these trends could offer insight into market dynamics and potential opportunities or risks in property investment and development. Adjustments in occupancy types can also impact property valuation, loan approvals, and insurance assessments, thereby influencing the broader real estate market in the region.
Economic Outlook
In Waupaca County, Wisconsin, the upward trend in average taxable income per tax return, from around $49,474.58 in 2013 to approximately $66,001.47 by 2021, indicates a potentially stronger local economy. This growth may lead to increasing property values and higher client budgets for real estate professionals. Additionally, the notable rise in average state and local income taxes, from $5,686.47 in 2012 to $9,637.23 by 2021, suggests either rising property values, increased local government... Read more
Average Taxable Income per Tax Return in Waupaca County, WI over the last 9 years
Waupaca County, Wisconsin has seen a generally upward trend in average taxable income per tax return over the past nine years, starting at around $49,474.58 in 2013 and climbing to approximately $66,001.47 by 2021. This growth can signal a potentially stronger local economy, making the area more appealing for investments and new property developments. For real estate agents and appraisers, this trend could mean increasing property values and higher client budgets. Insurance agents may also need to consider these changes as rising incomes can impact coverage needs and premium calculations.
Average State and Local Income Taxes Per Tax Return in Waupaca County, WI Over the Last 10 Years
Over the past decade, Waupaca County in Wisconsin has seen a notable increase in average state and local income taxes per tax return, starting from $5,686.47 in 2012 and reaching $9,637.23 by 2021. A significant jump occurred post-2017, indicating a sharp rise in local fiscal demands or economic growth. This trend may suggest rising property values, increased local government spending, or changes in tax policy, making it crucial for potential investors, real estate agents, and property developers to closely consider the tax landscape when making financial decisions in this region.
Average Total Tax Liability Per Tax Return in Waupaca County, WI Over the Last 10 Years
Over the last decade, Waupaca County, Wisconsin has shown a generally upward trend in average total tax liability per tax return. Starting at around $6,749.92 in 2012, it experienced a notable jump to roughly $9,261.18 by 2021. This pattern suggests the county is becoming a more significant fiscal area, which could imply a growing economy or increased asset values. For potential investors, real estate agents, and those considering relocating, this upward trend might point to appreciating property values and a robust local economy, necessitating a reassessment of financial expectations and potential investment returns.
Cost of Living in Waupaca County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,174 | $1,460 | $1,854 | $1,975 | $1,556 |
| 1 adult 4 children | $1,174 | $1,192 | $1,418 | $1,975 | $1,726 |
| 2 adults 3 children | $1,174 | $1,193 | $1,609 | $1,975 | $1,299 |
| 1 adult 3 children | $1,174 | $974 | $1,172 | $1,975 | $1,475 |
| 2 adults 2 children | $826 | $976 | $1,364 | $1,794 | $1,023 |
| 1 adult 2 children | $826 | $729 | $927 | $1,794 | $1,098 |
| 2 adults 1 child | $826 | $772 | $1,118 | $1,204 | $924 |
| 1 adult 1 child | $826 | $498 | $682 | $1,204 | $830 |
| 2 adults | $676 | $620 | $873 | $0 | $590 |
| 1 adult | $579 | $338 | $437 | $0 | $520 |
Safety trends & Data
Waupaca County, Wisconsin, has experienced a noticeable decline in property crimes over the past five years. Larceny-theft cases plunged from 244 in 2018 to just 38 in 2021, while burglary incidents also saw a significant drop from 40 to about 8. However, vandalism incidents spiked to 64 in 2022, which could be a consideration for property appraisers and insurance agents. Fraud and motor vehicle thefts have generally reduced, providing a somewhat favorable outlook for potential investors and... Read more
Property Crime Trends in Waupaca County, WI Over the Last 5 Years
The last five years in Waupaca County, Wisconsin, show a notable decline in most property crimes. Larceny-theft cases dropped significantly from 244 in 2018 to just 38 in 2021, hinting at improved security measures or other deterrents at play. Burglary incidents also decreased, from 40 in 2018 to about 8 in recent years, suggesting a positive trend for homeowners. However, vandalism remains relatively high, with a sudden spike to 64 incidents in 2022, which may be useful for appraisers and insurance agents estimating property risk. Fraud and motor vehicle thefts have seen a general reduction, offering a somewhat favorable outlook for potential investors and residents considering the area.
Demographics
Waupaca County, Wisconsin shows a fairly balanced gender distribution among its adult population. Educational attainment reveals a strong presence of high school graduates, with a noteworthy segment having only some college or an associate's degree. The age distribution indicates an aging population, especially highlighted by the significant counts in the 55-64 and 65-74 age brackets. The racial makeup is predominantly White, though there are small representations from Black or African... Read more
Race Distribution in Waupaca County, Wisconsin (2022)
Educational Attainment in Waupaca County, Wisconsin (2022)
Age Distribution in Waupaca County, Wisconsin
Citizen Population in Waupaca County, Wisconsin (2022)
Political Trends & Data
Waupaca County, Wisconsin, leaned heavily Republican in the 2020 U.S. Presidential Election, with GOP candidates possibly taking about 65% of the vote, while Democrats might have captured around 33%. Minor parties, including Libertarians and Greens, showed minimal impact, suggesting a robust Republican presence with limited third-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Waupaca County, Wisconsin, Republican candidates seem to have secured a significant lead in the 2020 U.S. Presidential Election, potentially capturing around 65% of the votes. Democrats might have garnered roughly 33%, with other parties like the Libertarians and Greens trailing considerably at just over 1% and nearly negligible percentages, respectively. This trend could indicate a strong Republican base with limited influence from third parties.
65.06% of voters voted for the Republican party in the 2020 Presidential Election
33.31% of voters voted for the Democrat party in the 2020 Presidential Election
1.23% 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
0.39% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Waupaca County, Wisconsin, the student-to-teacher ratio has dropped from 18:1 in 2016 to around 14:1 in 2023, falling below the national average. This shift may reflect better resource allocation in schools, possibly enhancing educational quality and classroom dynamics. For families, this trend could make the area more attractive, while real estate professionals might see potential in this evolving educational landscape for property valuation and... Read more
Student-to-teacher ratio in Waupaca County, Wisconsin over the last 9 years
Over the past nine years, the student-to-teacher ratio in Waupaca County, Wisconsin has shown fluctuations, peaking at 18 students per teacher in 2016 and gradually declining to approximately 14 students per teacher by 2023. This trend has brought the county's current ratio below the national average of 14 students per teacher. These changes potentially indicate evolving resource allocation in schools, which might impact educational quality and classroom dynamics. For investors, real estate agents, and those looking to relocate, this downward trend could suggest an improving educational environment, enhancing the county's appeal to families. Appraisers and insurance agents might find this information useful when assessing property values and risk associated with local school quality improvements.
