Guthrie County Real Estate and Livability Trends
Guthrie County, Iowa has seen a steady climb in median home values, jumping from $103,700 in 2015 to $153,100 in 2022, positioning it as a promising choice for those seeking affordable homes with strong equity growth. Despite average real estate taxes hitting $5,230.77 in 2021, the allure of relatively low home values remains. Energy tax credits spiked at $1,475.00 in 2019, indicating incentives... Read more
Guthrie County Market Trends
Guthrie County, Iowa, has experienced a major surge in median home values, from $103,700 in 2015 to $153,100 in 2022, making it an attractive option for those seeking affordable homes with rising equity potential. Despite significant rises in real estate taxes, averaging $5,230.77 in 2021, the area continues to be appealing due to its relatively low median home value compared to state and... Read more
Median Value of Occupied Housing Units in Guthrie County, Iowa Over the Last 8 Years
Guthrie County, Iowa has seen a significant increase in median home values over the last eight years, jumping from $103,700 in 2015 to $153,100 in 2022. Compared to the state of Iowa and national trends, Guthrie County's growth is particularly compelling. While Iowa's median home value rose to $181,600 in 2022, and the national median reached $179,400, Guthrie County's relatively lower median value could appeal to investors and homebuyers looking for more affordable options with similar rising equity potential.
Residential Energy Tax Credit Per Tax Return in Guthrie County, IA Over the Last 8 Years
In Guthrie County, Iowa, the trend in residential energy tax credits per tax return reveals a notable variation over the past eight years. Starting at $494.12 in 2013, there was a significant increase, peaking at $1,475.00 in 2019 before fluctuating around the $800.00 mark in subsequent years. For potential investors or those involved in real estate and construction, this trend might reflect growing incentives for energy-efficient upgrades, which could impact property values and insurance considerations. It may also suggest a trend toward more energy-efficient living, which could be a critical factor for new residents or those considering renovations.
Average Real Estate Taxes Per Tax Return in Guthrie County, IA Over the Last 10 Years
Average real estate taxes per tax return in Guthrie County, Iowa have seen a marked increase over the last decade. Starting from $2,867.19 in 2012, they rose steadily, peaking sharply at $5,450.00 in 2020 before slightly receding to $5,230.77 in 2021. This significant upward trend may suggest escalating property values or increased tax rates, which could impact decisions for potential investors, homebuyers, and real estate professionals. Understanding this pattern is crucial for appraisers and insurance agents assessing long-term costs and property evaluations in the area.
Percentage of Farm Returns in Guthrie County, IA Over the Last 10 Years
Guthrie County, Iowa has seen subtle fluctuations in the percentage of farm tax returns over the past decade, typically hovering between 12.50% and 13.80%. Peaks in farm returns occurred in 2014 and 2018 at around 13.77%, possibly indicating favorable agricultural conditions or policies during those years. Farm tax returns are important as they reflect the agricultural productivity and land usage, making them a useful indicator for investors or individuals considering agricultural opportunities in the region.
Number of Mortgages by Occupancy Type in Guthrie County, IA Over the Last 5 Years in Guthrie County
Over the last five years in Guthrie County, Iowa, the number of mortgages for principal residences has seen fluctuations with a peak in 2021 at 637 mortgages, while those for investment properties and second residences have generally declined. This shift in mortgage types may affect local property values, with higher demand for permanent homes typically leading to community stability and increased long-term value. Real estate agents, investors, and appraisers need to consider these trends as they signal shifts in buyer priorities and potential changes in property valuation. Declining investment property mortgages could also indicate a less favorable market for rental property investments.
Economic Outlook
Guthrie County, Iowa has experienced a steady rise in average taxable income per tax return over the past nine years, with a notable increase from $68,919.08 in 2018 to $83,143.16 in 2021. Average state and local income taxes have also fluctuated significantly, peaking at $13,326.92 in 2020, which might affect long-term financial planning for residents. Additionally, total tax liability per tax return has risen from $8,937.22 in 2012 to $13,069.21 in 2021, possibly indicating rising incomes or... Read more
Average Taxable Income per Tax Return in Guthrie County, IA over the last 9 years
Guthrie County, Iowa has seen a steady increase in average taxable income per tax return over the past nine years, with a notable surge from $68,919.08 in 2018 to $83,143.16 in 2021. This trend may suggest an improving economic landscape, making it a potentially attractive spot for investment, property development, or relocation. The rising incomes could indicate growing job opportunities and a robust local economy, possibly leading to improved public services and infrastructure in the area.
Average State and Local Income Taxes Per Tax Return in Guthrie County, IA Over the Last 10 Years
Over the past decade, Guthrie County, Iowa has seen significant fluctuations in average state and local income taxes per tax return. Notably, the average tax amount surged dramatically from $7,624.39 in 2017 to $11,992.86 in 2018 and peaked at $13,326.92 in 2020. This type of tax volatility can impact financial planning for both current and prospective residents and suggests a need for careful consideration of long-term tax liabilities when investing in the area.
Average Total Tax Liability Per Tax Return in Guthrie County, IA Over the Last 10 Years
Guthrie County, Iowa has seen a notable increase in average total tax liability per tax return over the past decade. Starting at $8,937.22 in 2012, figures have progressively climbed, reaching $13,069.21 by 2021. This trend may suggest rising incomes or changes in tax policies and economic conditions, making it an important consideration for potential investors, incoming residents, and those pondering property development in the area. Understanding these financial dynamics can offer valuable insights into the economic health and fiscal changes impacting the county.
Cost of Living in Guthrie County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,090 | $1,629 | $2,116 | $1,408 | $1,651 |
| 1 adult 4 children | $1,090 | $1,330 | $1,628 | $1,408 | $1,810 |
| 2 adults 3 children | $1,090 | $1,331 | $1,831 | $1,408 | $1,367 |
| 1 adult 3 children | $1,090 | $1,086 | $1,343 | $1,408 | $1,486 |
| 2 adults 2 children | $794 | $1,089 | $1,546 | $1,238 | $1,075 |
| 1 adult 2 children | $794 | $814 | $1,058 | $1,238 | $1,088 |
| 2 adults 1 child | $794 | $861 | $1,261 | $687 | $945 |
| 1 adult 1 child | $794 | $556 | $773 | $687 | $806 |
| 2 adults | $658 | $692 | $976 | $0 | $739 |
| 1 adult | $585 | $377 | $488 | $0 | $601 |
Safety trends & Data
Guthrie County, Iowa has shown slight fluctuations in property crime rates over the past three years. Larceny-theft increased marginally from 2.0 in 2018 to 3.0 in 2019, while burglary and vandalism remained consistently low with just one incident each in 2019 and 2020. These trends suggest that the area isn’t plagued by crime, possibly making it more attractive for real estate investors and potential residents looking for a quieter community. Regularly updating on crime statistics could help... Read more
Property Crime Trends in Guthrie County, IA Over the Last 3 Years
Guthrie County, Iowa has experienced slight fluctuations in property crime over the last three years. Larceny-theft incidents saw a small increase from 2.0 in 2018 to 3.0 in 2019. Burglary and vandalism remained relatively low but stable, with only one incident of each in 2019 and 2020 respectively. These trends suggest that while property crime exists, it isn't rampant, potentially making Guthrie County an appealing area for real estate investors, appraisers, and new residents looking for a quieter, potentially safer community compared to higher-crime regions. Consider regular checks on updated crime statistics to assess any potential future shifts in these trends.
Demographics
Guthrie County, Iowa, reveals a balanced gender distribution, with males and females nearly equal in number. Educational attainment shows a significant portion of the population holds a high school diploma or some college experience, but fewer residents achieve higher education degrees like bachelor's or graduate levels. The age distribution is notably skewed towards older demographics, hinting at an aging population with the largest age groups being those over 45 years. Racial diversity in... Read more
Race Distribution in Guthrie County, Iowa (2022)
Educational Attainment in Guthrie County, Iowa (2022)
Age Distribution in Guthrie County, Iowa
Citizen Population in Guthrie County, Iowa (2022)
Political Trends & Data
Guthrie County, Iowa, leans predominantly Republican, with an estimated 67% support in the 2020 U.S. Presidential Election, while Democrats trail at roughly 31%. Minor parties like the Libertarians and Greens capture less than 1%. This political landscape suggests a voter base that may favor conservative values and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Guthrie County, Iowa, appears to lean heavily towards the Republican party, with Republicans potentially securing around 67% of the vote in the 2020 U.S. Presidential Election. Democrats seem to trail significantly, with an approximate 31% share of the vote. Minor parties like the Libertarians and Greens are not expected to make a meaningful impact, capturing about 1% or less. This political distribution might suggest that Guthrie County's voter base aligns more with conservative values or policies.
67.18% of voters voted for the Republican party in the 2020 Presidential Election
31.16% of voters voted for the Democrat party in the 2020 Presidential Election
1.24% of voters voted for the Livertarian party in the 2020 Presidential Election
0.11% of voters voted for the Green party in the 2020 Presidential Election
0.31% of voters voted for the Other party in the 2020 Presidential Election
School Data
Guthrie County, Iowa consistently boasts a student-to-teacher ratio lower than the national average of 14, fluctuating between 12.69 in 2014 and hitting its lowest at 11.37 in 2023. This trend toward smaller class sizes could be a significant draw for families prioritizing individualized attention for their children. For property investors and real estate agents, this factor enhances the county’s attractiveness to prospective homebuyers. Additionally, insurance agents and property appraisers... Read more
Student-to-teacher ratio in Guthrie County, Iowa over the last 10 years
Guthrie County, Iowa has consistently maintained a student-to-teacher ratio lower than the national average of 14 students per teacher over the past decade. The ratio has shown slight fluctuations, peaking at 12.69 in 2014 and dipping to its lowest at 11.37 in 2023. This relatively low ratio might indicate smaller class sizes, which could appeal to families prioritizing individualized attention for their children. For potential investors and real estate agents, this trend could enhance the county's attractiveness to prospective homebuyers. Additionally, insurance agents and property appraisers may find that this factor complements other positive characteristics of the area, recognizing its potential stability and appeal to families.
