Bonner County Real Estate and Livability Trends
Bonner County, Idaho has seen the average taxable income nearly double to around $84,379.19 by 2021, indicating fiscal growth and potential property value appreciation. However, average state and local income taxes have also risen, potentially impacting cost plans for new developments. The median home values surged to $378,200 in 2022, outpacing state and national averages and highlighting a... Read more
Bonner County Market Trends
Bonner County, Idaho's housing market has been on a rapid ascent, with median home values hitting $378,200 in 2022, far outpacing the state's $331,600 and the national $179,400. This suggests a compelling real estate investment opportunity, although higher price points could be challenging for prospective buyers. Additionally, the increase in residential energy tax credits, peaking at $1,460 in... Read more
Median Value of Occupied Housing Units in Bonner County, Idaho Over the Last 8 Years
Bonner County, Idaho has seen significant growth in median home values over the last 8 years, reaching $378,200 in 2022, compared to the state of Idaho's median value of $331,600 and the national median of $179,400. This data suggests that Bonner County is experiencing a faster appreciation rate in home values, making it a potential hotspot for real estate investment. The steady upward trend could indicate a desirable living area, perhaps due to increasing demand for housing and local amenities. This rapid growth can be attractive for those looking to invest or move, but may also pose challenges for buyers facing higher price points.
Residential Energy Tax Credit Per Tax Return in Bonner County, ID Over the Last 9 Years
Bonner County, Idaho has seen an interesting upward trend in residential energy tax credits over the last nine years. Starting at $465.63 per tax return in 2013, the average spiked dramatically to $1,460.00 in 2018 and maintained higher values, peaking again at $1,262.16 in 2021. This consistent increase points towards a growing emphasis on energy-efficient investments among residents, potentially making the area more attractive for investors and homeowners prioritizing sustainability.
Average Real Estate Taxes Per Tax Return in Bonner County, ID Over the Last 10 Years
Over the last decade, Bonner County, Idaho has seen a notable rise in average real estate taxes per tax return, nearly doubling from $2,344.84 in 2012 to $4,522.29 in 2021. The most significant jumps occurred between 2017 and 2019, culminating in a peak of $4,562.01 in 2020. This trend is crucial for potential investors, property developers, and real estate professionals as it indicates a growing tax burden that may impact property valuations, rental prices, and overall attractiveness of the area for future residents.
Percentage of Farm Returns in Bonner County, ID Over the Last 10 Years
Over the last decade, Bonner County, Idaho has seen a slight decline in the percentage of farm tax returns, moving from approximately 2.80% in 2012 to about 2.31% in 2021. Farm tax returns indicate the proportion of tax filings from farming activities, reflecting the agricultural sector's standing in the local economy. This trend could suggest a gradual shift away from farming, potentially impacting land use and investment opportunities. For prospective investors, builders, and residents, this evolving landscape may signal diversified economic growth or a changing rural character in Bonner County.
Number of Mortgages by Occupancy Type in Bonner County, ID Over the Last 5 Years in Bonner County
Over the past five years in Bonner County, Idaho, there's been a noticeable fluctuation in mortgage activities across different occupancy types. Principal residences consistently lead in numbers, but they’ve seen a decline from a high of 4,834 mortgages in 2021 to 2,923 in 2022. Investment properties and second residences have also shown variable trends, with investment property mortgages peaking at 296 in 2021 before dropping to 196 in 2022. These shifts in occupancy type signal changing dynamics in the housing market, influencing factors such as property valuations, insurance premiums, and investment strategies. A larger proportion of principal residences may indicate stability and permanency, while an uptick in second home or investment property mortgages can hint at growth in tourism or speculative real estate behavior. For investors, understanding these trends can aid in making informed decisions, while real estate agents and appraisers can better gauge the market landscape.
Economic Outlook
Bonner County, Idaho has seen the average taxable income per tax return nearly double, from about $47,428.84 in 2013 to roughly $84,379.19 by 2021. This suggests fiscal growth and potential property value appreciation, making it an attractive spot for investments. However, the county has also experienced a significant rise in average state and local income taxes, from $5,812.86 in 2012 to $13,001.37 by 2021, which could affect cost planning for new developments. Additionally, the total tax... Read more
Average Taxable Income per Tax Return in Bonner County, ID over the last 9 years
Over the past nine years, Bonner County, Idaho has seen a notable climb in the average taxable income per tax return, increasing from approximately $47,428.84 in 2013 to around $84,379.19 by 2021. This upward trend suggests a fiscal growth in the region, which could be an attractive factor for potential investors, homeowners, and businesses considering relocation or expansion. The rise in incomes might imply strong economic dynamics and potential for property value appreciation, making Bonner County a promising area for financial investments.
Average State and Local Income Taxes Per Tax Return in Bonner County, ID Over the Last 10 Years
Over the past decade, Bonner County, Idaho, has seen a significant increase in average state and local income taxes per tax return, rising sharply from $5,812.86 in 2012 to $13,001.37 in 2021. This trend indicates a growing tax burden which might influence decisions for investors and property developers considering this locality. The substantial rise could impact cost calculations for new developments and necessitate higher revenue projections for local businesses. For potential new residents, understanding this tax trajectory is crucial for financial planning.
Average Total Tax Liability Per Tax Return in Bonner County, ID Over the Last 10 Years
Over the past decade, Bonner County, Idaho has experienced a noticeable uptick in average total tax liability per tax return, beginning at approximately $6,948.99 in 2012 and reaching around $14,027.23 by 2021. This nearly 102% increase could suggest a rising cost of living or increasing incomes, making it a critical factor for potential investors, future residents, or property developers assessing the economic landscape of the area.
Cost of Living in Bonner County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,357 | $1,556 | $1,699 | $1,168 | $1,245 |
| 1 adult 4 children | $1,357 | $1,271 | $1,316 | $1,168 | $1,384 |
| 2 adults 3 children | $1,357 | $1,271 | $1,465 | $1,168 | $999 |
| 1 adult 3 children | $1,357 | $1,038 | $1,082 | $1,168 | $1,112 |
| 2 adults 2 children | $955 | $1,041 | $1,232 | $1,012 | $789 |
| 1 adult 2 children | $955 | $777 | $849 | $1,012 | $730 |
| 2 adults 1 child | $955 | $823 | $999 | $506 | $720 |
| 1 adult 1 child | $955 | $531 | $616 | $506 | $609 |
| 2 adults | $766 | $661 | $766 | $0 | $606 |
| 1 adult | $761 | $360 | $383 | $0 | $584 |
Safety trends & Data
Property crime trends in Bonner County, Idaho show notable fluctuations, with burglary arrests peaking at 45 incidents in 2020 and larceny-theft cases dropping significantly from 163 in 2018 to 55 in 2020, then slightly rising to 72 by 2022. Vandalism has stabilized around 17-21 cases annually, and arson incidents remain very low, with just one case in 2018 and two in 2022. These trends might hint at varying property-related risks, potentially impacting investment decisions, insurance premiums,... Read more
Property Crime Trends in Bonner County, ID Over the Last 5 Years
Property crime trends in Bonner County, Idaho over the last five years show some fluctuation in various categories. Burglary arrests peaked in 2020 with 45 incidents, while larceny-theft saw a significant decline from 163 cases in 2018 to 55 in 2020, only to see a slight increase to 72 by 2022. Vandalism also saw a mixed trend, with peaks and troughs, stabilizing around 17-21 cases annually. Notably, arson incidents remained very low, with only one case in 2018 and two in 2022. These numbers might suggest varying degrees of property-related risks, which could influence investment and insurance considerations, as well as inform community safety strategies.
Demographics
Bonner County, Idaho presents a nearly even gender split among adults, with a slightly higher number of females. Educational attainment varies widely, showing a substantial portion of the population hasn't pursued education beyond high school. Interestingly, the age distribution hints at a sizable older population, as the number of residents aged 55 and above is notably higher than younger age groups. Racially, the county remains predominantly White, with minimal representation from other... Read more
Race Distribution in Bonner County, Idaho (2022)
Educational Attainment in Bonner County, Idaho (2022)
Age Distribution in Bonner County, Idaho
Citizen Population in Bonner County, Idaho (2022)
Political Trends & Data
In Bonner County, Idaho, the 2020 U.S. Presidential Election saw about 67.2% of voters leaning towards the Republican party, hinting at a solid conservative base. Democrats got around 30.4%, showing some progressive support. Libertarians and smaller parties had minimal impact, suggesting limited alternative viewpoints. Understanding these political tendencies could help gauge regional policy preferences and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Bonner County, Idaho, the Republican party garnered a significant majority with approximately 67.2% of the vote in the 2020 U.S. Presidential Election, suggesting a strong conservative presence. Democrats received around 30.4%, potentially indicating some level of support for progressive policies. Libertarians and other minor parties captured small fractions of the vote, reflecting limited alternative political influence. This data might reveal insights into regional political leanings and voter priorities.
67.20% of voters voted for the Republican party in the 2020 Presidential Election
30.40% of voters voted for the Democrat party in the 2020 Presidential Election
1.47% of voters voted for the Livertarian party in the 2020 Presidential Election
0.93% of voters voted for the Other party in the 2020 Presidential Election
School Data
Bonner County, Idaho's student-to-teacher ratio has fluctuated significantly over the past decade, from a high of nearly seventeen students per teacher in 2014 and 2023 to a low of thirteen in 2018 and 2021. These changes might hint at shifts in school funding, population trends, or policy changes, influencing both educational quality and classroom dynamics. The current ratio of sixteen students per teacher in 2023 exceeds the national average of fourteen, potentially indicating larger class... Read more
Student-to-teacher ratio in Bonner County, Idaho over the last 10 years
Over the past decade, Bonner County, Idaho has seen its student-to-teacher ratio fluctuate. From a high of almost seventeen students per teacher in 2014 and 2023, the ratio dropped to as low as thirteen in 2018 and 2021. This variability could signal changes in school funding, population shifts, or policy adjustments, impacting educational quality and classroom dynamics. Investors, real estate professionals, and appraisers might find these trends important when considering the county's appeal to families. Notably, the recent ratio of sixteen students per teacher in 2023 is above the national average of fourteen, possibly indicating larger class sizes and different student engagement levels compared to other regions.
