Blaine County Real Estate and Livability Trends
Blaine County, Idaho has seen its average taxable income per tax return skyrocket from about $83,822.22 in 2013 to $298,475.30 by 2021. This surge indicates a potential rise in high-income residents, possibly affecting property values and cost of living. Home values also jumped from $374,800 in 2015 to $558,600 in 2022, outpacing state and national growth rates. These trends could suggest an... Read more
Blaine County Market Trends
Blaine County, Idaho, has experienced a notable jump in median home values from $374,800 in 2015 to $558,600 in 2022, significantly outpacing state and national growth rates. A considerable increase in real estate taxes, rising from $5,228.76 in 2012 to $10,793.65 by 2021, may reflect escalating property values or tax policy changes. Residential energy tax credits also fluctuated widely, peaking... Read more
Median Value of Occupied Housing Units in Blaine County, Idaho Over the Last 8 Years
Blaine County, Idaho, has seen a remarkable surge in median home values over the past 8 years, rising from $374,800 in 2015 to $558,600 in 2022. This sharp increase outpaces both the state and national growth rates, with Idaho's median home values climbing from $162,900 to $331,600, and the national median moving from $125,500 to $179,400 in the same period. Such a trend could make Blaine County particularly compelling for investors and potential homeowners who are looking at significant property appreciation, though it might also be a deterrent for those seeking affordable housing options.
Residential Energy Tax Credit Per Tax Return in Blaine County, ID Over the Last 9 Years
Blaine County, Idaho's average residential energy tax credit per tax return has varied significantly over the past nine years, reflecting potentially volatile investment in energy-efficient home improvements. Starting at $680.00 in 2013 and reaching a peak of approximately $4,550.00 in 2018, these fluctuations could indicate changing policies, incentives, or homeowner priorities. Such insights might be crucial for investors, appraisers, and real estate agents analyzing the local market's responsiveness to energy-saving initiatives.
Average Real Estate Taxes Per Tax Return in Blaine County, ID Over the Last 10 Years
Real estate taxes in Blaine County, Idaho have seen a steady increase over the past decade, with notable jumps particularly in the last five years. Starting at $5,228.76 in 2012, the average real estate taxes per tax return gradually escalated to $10,793.65 by 2021. This significant rise might suggest increased property values or changing tax rates, impacting decisions for investors, insurance agents, and potential homeowners considering the area.
Percentage of Farm Returns in Blaine County, ID Over the Last 10 Years
Over the past decade, Blaine County, Idaho has seen a slight overall decline in the percentage of farm tax returns filed, dropping from 1.67% in 2012 to about 1.45% in 2021. Farm tax returns are financial statements submitted to the IRS used to report income derived from agricultural activities. This trend could be indicative of a shifting local economy, perhaps away from agriculture towards other sectors. For investors, developers, or those considering a move to Blaine County, this could suggest evolving opportunities and challenges in the agricultural market and possibly a change in land use dynamics within the area.
Number of Mortgages by Occupancy Type in Blaine County, ID Over the Last 5 Years in Blaine County
Blaine County, Idaho, has seen fluctuating mortgage counts across different occupancy types over the last five years. Principal residence mortgages peaked in 2020 at 2,385 but dropped significantly to 1,142 by 2022. Investment property mortgages saw a slight rise from 112 in 2018 to 177 in 2021 but decreased to 114 in 2022. Second residence mortgages also saw a peak in 2020 at 588 but fell to 257 by 2022. These shifts could signal changing economic conditions, market desirability, or external factors influencing investment and living decisions. For property investors and real estate professionals, understanding these trends may offer insight into market health and future opportunities. Appraisers and insurance agents could assess risks better by looking at the shifts in principal versus second residence investments while builders might identify evolving demand for different property types.
Economic Outlook
Blaine County, Idaho has seen its average taxable income per tax return skyrocket from about $83,822.22 in 2013 to $298,475.30 by 2021. The average state and local income taxes per tax return also surged dramatically, from $23,212.24 in 2012 to $95,042.46 in 2021, and the average total tax liability climbed from around $27,374.97 to $77,379.19 over the same period. These sharp increases, particularly from 2018 onwards, suggest a rise in high-income residents and economic activity, which could... Read more
Average Taxable Income per Tax Return in Blaine County, ID over the last 9 years
Over the last nine years, Blaine County, Idaho has seen notable increases in average taxable income per tax return, surging from approximately $83,822.22 in 2013 to $298,475.30 in 2021. This upward trend might suggest a flourishing local economy, potentially attracting investors, new residents, and developers. However, the significant spike in income levels could also hint at rising living costs, warranting careful consideration for those planning to move or invest in the area.
Average State and Local Income Taxes Per Tax Return in Blaine County, ID Over the Last 10 Years
Over the past decade, Blaine County, Idaho has seen a significant increase in average state and local income taxes per tax return, rising from $23,212.24 in 2012 to an impressive $95,042.46 in 2021. This rapid increase, especially evident from 2018 onwards, indicates a possible surge in high-income residents or higher local tax rates. Such a trend is relevant for prospective investors or new residents as it reflects the area's growing affluence and potentially increasing cost of living.
Average Total Tax Liability Per Tax Return in Blaine County, ID Over the Last 10 Years
Blaine County, Idaho, has seen a significant increase in average total tax liability per tax return over the past decade, jumping from about $27,374.97 in 2012 to a substantial $77,379.19 in 2021. Notably, there was a sharp rise beginning in 2018, accelerating through 2020 and 2021. For investors, this could signal growing wealth and economic activity in the area, as higher tax liabilities often correlate with higher incomes. For those looking to move or build property, it may suggest a dynamic economic environment, potentially impacting property values and local services.
Cost of Living in Blaine County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,615 | $2,043 | $1,771 | $1,439 | $1,861 |
| 1 adult 4 children | $1,615 | $1,668 | $1,371 | $1,439 | $1,947 |
| 2 adults 3 children | $1,615 | $1,669 | $1,528 | $1,439 | $1,501 |
| 1 adult 3 children | $1,615 | $1,362 | $1,128 | $1,439 | $1,650 |
| 2 adults 2 children | $1,207 | $1,366 | $1,285 | $1,255 | $1,150 |
| 1 adult 2 children | $1,207 | $1,020 | $885 | $1,255 | $1,186 |
| 2 adults 1 child | $1,207 | $1,080 | $1,042 | $656 | $1,014 |
| 1 adult 1 child | $1,207 | $697 | $642 | $656 | $897 |
| 2 adults | $917 | $867 | $799 | $0 | $795 |
| 1 adult | $807 | $473 | $400 | $0 | $675 |
Safety trends & Data
Blaine County, Idaho, has experienced varied property crime trends over the past five years, with significant fluctuations in burglary, fraud, and larceny-theft rates. Burglary reached a peak in 2020 with 17 reported incidents, and fraud hit its highest at 8 the same year, possibly indicating economic stress points. Larceny-theft was relatively stable but spiked at 11 incidents in 2019. These trends are critical for investors and real estate professionals aiming for better risk assessment and... Read more
Property Crime Trends in Blaine County, ID Over the Last 5 Years
Blaine County, Idaho, has seen fluctuating property crime trends over the past five years with notable spikes and declines across different categories. Burglary rates were highest in 2020 at 17 incidents, while fraud incidents peaked at 8 in the same year, suggesting potential economic stress points. Larceny-theft incidents were fairly consistent but hit a high of 11 in 2019. Investors and real estate professionals should keep an eye on these fluctuations for better risk assessment and strategic planning. For insurers, the diverse nature of property crimes, from minor vandalism to fraud, underscores the importance of comprehensive coverage options.
Demographics
Blaine County, Idaho appears to have a fairly balanced gender distribution among adults. Education levels indicate a significant portion of the population achieving a Bachelor's degree or higher, which may suggest a community valuing higher education and potentially higher income levels. The age distribution skews older, with a noticeable number of residents aged 55 and up, which might impact local healthcare and retirement services. The racial demographics show a predominantly White... Read more
Race Distribution in Blaine County, Idaho (2022)
Educational Attainment in Blaine County, Idaho (2022)
Age Distribution in Blaine County, Idaho
Citizen Population in Blaine County, Idaho (2022)
Political Trends & Data
Blaine County, Idaho, exhibited an interesting political shift in the 2020 U.S. Presidential Election, with around 67% of votes skewing Democratic, while Republicans garnered about 30%. Minor parties barely registered, each securing just over 1% of the vote. This trend might suggest a distinctive political climate in the county, contrasting with Idaho's generally conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Blaine County in Idaho showed a distinct lean towards the Democratic party in the 2020 U.S. Presidential Election, with an estimated 67% of votes, compared to roughly 30% for the Republican party. Minor parties like Libertarians and others barely made a mark, each capturing just over 1% of the vote. This pattern could indicate a political climate that's somewhat unique within Idaho, which is typically known for its more conservative stance.
30.34% of voters voted for the Republican party in the 2020 Presidential Election
67.12% of voters voted for the Democrat party in the 2020 Presidential Election
1.26% of voters voted for the Livertarian party in the 2020 Presidential Election
1.28% of voters voted for the Other party in the 2020 Presidential Election
School Data
Blaine County, Idaho typically boasts a student-to-teacher ratio below the national average, floating between 13.73 in 2019 and dipping to 11.71 in 2022. This favorable ratio suggests a more individualized education experience, potentially making the area attractive to relocating families. Real estate professionals could leverage this to highlight the appeal of local schools, hinting at stable or rising property values tied to the desirability of the education... Read more
Student-to-teacher ratio in Blaine County, Idaho over the last 10 years
Over the past decade, Blaine County, Idaho has generally maintained a student-to-teacher ratio that is below the national average of 14 students per teacher. Ratios have fluctuated slightly each year, ranging from a high of approximately 13.73 students per teacher in 2019 to a low of around 11.71 in 2022. For potential investors, this lower student-to-teacher ratio could suggest a more personalized educational experience which might be appealing to families considering relocating to the area. Real estate agents might find these figures useful when highlighting the benefits of local schools. For those involved in property development or insurance in Blaine County, understanding these lower ratios might indicate stable or potentially increasing property values due to the attractiveness of the local education system.
