Ada County Real Estate and Livability Trends
Ada County, Idaho has shown substantial economic growth, with average taxable incomes climbing from $63,275.82 in 2013 to $108,746.00 in 2021, potentially making the area more attractive for investors and residents. Home values have surged from $188,800 in 2015 to $423,500 in 2022, significantly outpacing state and national trends. Real estate taxes have also increased, reaching around $4,693.29... Read more
Ada County Market Trends
Ada County, Idaho, has experienced a remarkable rise in home values, jumping from $188,800 in 2015 to $423,500 in 2022, which significantly outpaces state and national trends. The notable spike in the average residential energy tax credit to $4405.47 in 2018 indicates varying investments in energy efficiency, possibly enhancing property value appeal. Real estate taxes have steadily climbed,... Read more
Median Value of Occupied Housing Units in Ada County, Idaho Over the Last 8 Years
Over the past eight years, the median home value in Ada County, Idaho, has shown a significant increase, climbing from $188,800 in 2015 to $423,500 in 2022. This rapid growth far outstrips the upward trend seen both at the state level, where Idaho's median value rose from $162,900 to $331,600, and at the national level, where the median value increased from $125,500 to $179,400 during the same period. This trend might indicate strong local demand and potentially attractive investment opportunities in Ada County, making it an intriguing prospect for those considering real estate ventures or relocations.
Residential Energy Tax Credit Per Tax Return in Ada County, ID Over the Last 9 Years
Over the past nine years, Ada County, Idaho has seen significant fluctuations in the average residential energy tax credit per tax return, which might reflect varying local investments and incentives for energy-efficient home improvements. Notably, there was a dramatic spike in 2018, with the average credit reaching $4405.47, suggesting a period of heightened expenditure on energy-saving technologies or stronger incentives. This trend can indicate an evolving market for real estate investments geared toward energy efficiency or could be pivotal for appraisers and insurance agents assessing property values. Real estate agents and investors may find these insights critical for tapping into potential savings for clients or enhancing property appeal with eco-friendly features.
Average Real Estate Taxes Per Tax Return in Ada County, ID Over the Last 10 Years
Over the past decade, Ada County, Idaho, has seen a steady rise in real estate taxes per tax return, with notable increases each year. In 2012, the average tax per return was approximately $2,401.30, but by 2021, this figure had nearly doubled to around $4,693.29. This consistent growth trend might point to escalating property values and development in the area, which could be crucial for investors and real estate professionals considering the region. For appraisers and insurance agents, understanding these trends may help in providing accurate assessments and coverage options aligned with rising tax implications.
Percentage of Farm Returns in Ada County, ID Over the Last 10 Years
In Ada County, Idaho, there's been a notable decline in the percentage of farm tax returns, dwindling from approximately 0.76% in 2012 to roughly 0.54% by 2021. Farm tax returns are indicative of the number of entities filing taxes based on farm-related income, revealing the agricultural activity level within the region. This downward trend might suggest a shift away from agricultural enterprises, potentially opening up more opportunities for residential and commercial development. Investors and prospective homeowners might find this movement indicative of evolving land use priorities, while current residents may notice changes in the community landscape.
Number of Mortgages by Occupancy Type in Ada County, ID Over the Last 5 Years in Ada County
In Ada County, Idaho, the number of mortgages for principal residences has consistently outpaced those for investment and second properties over the last five years. While mortgages for principal residences peaked in 2020 and have since declined, there remains a notable demand for this occupancy type. The fluctuating trends in investment and second property mortgages suggest varying confidence levels and investment strategies among buyers. Investors and developers may find opportunities in these shifts, while appraisers and insurance agents should stay aware of evolving property use patterns. Recognizing these trends can help real estate agents, property developers, and residents make more informed decisions about the local market dynamics.
Economic Outlook
Ada County, Idaho has experienced significant economic growth demonstrated by the rise in average taxable income, escalating from $63,275.82 in 2013 to $108,746.00 in 2021. This growth suggests increasing prosperity and may attract both investors and residents. Concurrently, state and local income taxes have surged from $7,051.24 in 2012 to $18,516.85 by 2021, reflecting possibly rising incomes or policy shifts. Average total tax liability also rose from $10,526.92 in 2012 to $20,342.07 in... Read more
Average Taxable Income per Tax Return in Ada County, ID over the last 9 years
Ada County, Idaho has seen a notable increase in average taxable income per tax return over the last nine years. Starting at approximately $63,275.82 in 2013, the figure has steadily risen to $108,746.00 in 2021. This upward trend may suggest growing economic prosperity and could be a point of interest for potential investors and residents. With the most significant jumps occurring after 2018, it might indicate recent economic developments or investments in the region. For those looking to build property or relocate, this trend could imply a robust and possibly growing market.
Average State and Local Income Taxes Per Tax Return in Ada County, ID Over the Last 10 Years
Over the past decade, Ada County, Idaho has seen a significant rise in state and local income taxes per tax return, surging from $7,051.24 in 2012 to a substantial $18,516.85 by 2021. This steep increase highlights the growing economic impact on residents and potential investors. Such trends reflect rising incomes or changing tax policies, indicating a maturing local economy, but also present potential challenges for new residents or business investments due to the higher tax burdens.
Average Total Tax Liability Per Tax Return in Ada County, ID Over the Last 10 Years
Ada County, Idaho has seen a marked rise in average total tax liability per tax return over the last decade, escalating from approximately $10,526.92 in 2012 to around $20,342.07 in 2021. This trend could indicate increasing incomes, property values, or changes in tax policy, rendering the area potentially more expensive but also possibly reflecting economic growth. For investors and potential residents, understanding these dynamics might be crucial in making informed decisions about property investments or relocations in this scenic but economically evolving part of Idaho.
Cost of Living in Ada County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,930 | $1,769 | $1,582 | $1,607 | $1,722 |
| 1 adult 4 children | $1,930 | $1,445 | $1,221 | $1,607 | $1,869 |
| 2 adults 3 children | $1,930 | $1,446 | $1,367 | $1,607 | $1,439 |
| 1 adult 3 children | $1,930 | $1,180 | $1,006 | $1,607 | $1,612 |
| 2 adults 2 children | $1,373 | $1,183 | $1,152 | $1,407 | $1,047 |
| 1 adult 2 children | $1,373 | $884 | $791 | $1,407 | $1,100 |
| 2 adults 1 child | $1,373 | $935 | $937 | $759 | $947 |
| 1 adult 1 child | $1,373 | $604 | $576 | $759 | $843 |
| 2 adults | $1,110 | $751 | $722 | $0 | $733 |
| 1 adult | $974 | $410 | $361 | $0 | $639 |
Safety trends & Data
Ada County, Idaho, has experienced a noteworthy reduction in property crime over the past five years, with burglary cases falling from 114.00 in 2018 to 52.00 in 2022 and larceny-theft incidents dropping from 956.00 to 655.00 in the same period. However, fraud cases peaked in 2021 at 310.00 before slightly decreasing to 294.00 in 2022. These trends might signal a safer community environment, which could influence property values and insurance premiums, making it relevant for both investors and... Read more
Property Crime Trends in Ada County, ID Over the Last 5 Years
Ada County, Idaho, has seen notable fluctuations in property crime over the last five years. Noteworthy is the apparent decline in burglary, dropping from 114.0 cases in 2018 to just 52.0 in 2022. Larceny-theft numbers have similarly decreased drastically from 956.0 in 2018 to 655.0 in 2022. However, fraud incidents peaked in 2021 with 310.0 cases before slightly leveling off to 294.0 in 2022. For those eyeing investments or relocations, the overall trend suggests a considerable reduction in property crimes, pointing to a potentially safer community environment. Real estate and insurance professionals should take note of these trends as they could impact property values and insurance premiums.
Demographics
Ada County, Idaho, shows a slightly higher number of adult males compared to females. Educational attainment is diverse, with a significant portion of the population holding a bachelor's degree, while those with less than a high school diploma make up a small fraction. The age distribution hints at a balanced demographic, with a notable concentration in the 25 to 44 age bracket, often considered a prime working age. Racial diversity is present but largely dominated by the White population,... Read more
Race Distribution in Ada County, Idaho (2022)
Educational Attainment in Ada County, Idaho (2022)
Age Distribution in Ada County, Idaho
Citizen Population in Ada County, Idaho (2022)
Political Trends & Data
Ada County, Idaho's real estate market could be influenced by its nearly equal but slightly conservative political lean, with Republicans capturing about 50% of the vote in the 2020 Presidential Election, and Democrats not far behind at roughly 46.5%. This competitive balance hints at a community diverse in political thought, which may appeal to a broad spectrum of homebuyers. Additionally, the 3% of votes going to Libertarian and minor parties suggests a small but present demographic... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Ada County, Idaho may exhibit a relatively balanced but slightly conservative voter base, with approximately 50% of votes cast for the Republican candidate in the 2020 U.S. Presidential Election. Democrats secured close to 46.5%, indicating a competitive political landscape. Libertarian and other minor parties collectively garnered around 3%, suggesting limited but notable third-party interest.
50.39% of voters voted for the Republican party in the 2020 Presidential Election
46.47% of voters voted for the Democrat party in the 2020 Presidential Election
2.05% of voters voted for the Livertarian party in the 2020 Presidential Election
1.10% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past decade, Ada County, Idaho has seen its student-to-teacher ratio peak at 25 students per teacher in 2016, followed by a gradual decline to around 17 students per teacher. This could indicate improvements in educational resources or policy changes aimed at reducing class sizes. For those looking to invest or move, a lower ratio might suggest better educational quality and increased appeal for families prioritizing education, a point that real estate professionals could... Read more
Student-to-teacher ratio in Ada County, Idaho over the last 10 years
Over the past decade, the student-to-teacher ratio in Ada County, Idaho has experienced considerable fluctuations, peaking at 25 students per teacher in 2016 before gradually decreasing to around 17 students per teacher in recent years. While still higher than the national average of 14 students per teacher, this decreasing trend could suggest improvements in educational resources or policy changes aimed at reducing class sizes. For those looking to invest in, move to, or build property in Ada County, a lower student-to-teacher ratio might indicate better educational quality, enhanced individual attention for students, and overall a more attractive factor for families prioritizing education. Likewise, real estate agents and appraisers could find this data useful when highlighting the county's educational appeal.
