Idaho County Real Estate and Livability Trends
Idaho County, Idaho has seen a steady rise in average taxable income per tax return to $64,730.50 in 2021, hinting at growing prosperity that might attract investors. Median home values skyrocketed from $153,700 in 2015 to $258,900 in 2022, outpacing broader trends. Tax liabilities and real estate taxes also surged, suggesting higher property values and living costs. A consistent 13 students per... Read more
Idaho County Market Trends
Idaho County's median home values have surged from $153,700 in 2015 to $258,900 in 2022, outpacing state and national growth rates. Real estate taxes per tax return have nearly doubled in the last decade, reaching $2,495.83 by 2021, signaling either increased property values or tax rate adjustments. Energy tax credits peaked at $1377.78 in 2021, indicating variable investment in energy-efficient... Read more
Median Value of Occupied Housing Units in Idaho County, Idaho Over the Last 8 Years
Over the past 8 years, Idaho County's median home values have experienced a substantial rise, from $153,700 in 2015 to $258,900 in 2022. This trend shows a sharper increase compared to both the state of Idaho and national averages. For instance, while Idaho's values grew from $162,900 to $331,600 in the same period, nationwide, the median values only edged up from $125,500 to $179,400. This rapid appreciation in Idaho County may suggest growing interest and demand, making it a potentially lucrative option for investors or those looking to move to the area.
Residential Energy Tax Credit Per Tax Return in Idaho County, ID Over the Last 8 Years
Over the past eight years, Idaho County, Idaho has seen fluctuating average residential energy tax credits per tax return, peaking sharply in 2021 at an impressive $1377.78. This volatility could suggest variable investment in energy-efficient home improvements, likely driven by changing state or federal incentives, economic conditions, or consumer awareness. For potential investors or residents, this indicates a community that might benefit from targeted energy-efficient projects, potentially boosting property values and offering tax savings. Real estate professionals and appraisers may want to consider these trends when evaluating property appeal and long-term investment benefits in the area.
Average Real Estate Taxes Per Tax Return in Idaho County, ID Over the Last 10 Years
Over the last decade, the average real estate taxes per tax return in Idaho County, Idaho, have shown a noticeable upward trend. Starting at around $1,465.79 in 2012, tax values have increased to approximately $2,495.83 by 2021. This rise, especially significant after 2017, could suggest growing property values or adjustments in tax rates, making it an important consideration for investors and homeowners alike.
Percentage of Farm Returns in Idaho County, ID Over the Last 10 Years
Farm tax returns in Idaho County, Idaho, have experienced a general downward trend over the past decade. The percentage of farm returns started at 9.59% in 2012 and steadily decreased to 7.27% by 2021. This decline could suggest shifting economic factors or demographic changes impacting the agricultural sector. For those considering investing, moving to, or building property in Idaho County, these trends might indicate evolving agricultural viability and economic diversification.
Number of Mortgages by Occupancy Type in Idaho County, ID Over the Last 5 Years in Idaho County
Idaho County, Idaho, shows fluctuating mortgage activity across different occupancy types over the last five years. Principal residences consistently dominate the market, peaking at 917 in 2021, suggesting strong local demand for primary homes. Investment properties and second residences, though significantly lower in numbers, also reflect pertinent trends. For instance, the decline in investment property mortgages from 22 in 2021 to 14 in 2022 might indicate changes in economic conditions or investor sentiment. These shifts in occupancy types are crucial for investors, real estate agents, and appraisers as they offer insights into market stability and the evolving character of the local housing landscape. Understanding trends helps with risk assessment for insurance agents and can influence planning and development strategies for builders.
Economic Outlook
Idaho County, Idaho has experienced a steady climb in average taxable income per tax return, hitting $64,730.50 in 2021, signaling growing prosperity which could entice investors and homebuilders. Alongside this, average state and local income taxes also surged to $13,204.35 by 2021, reflecting increasing economic affluence but potentially higher living costs. The area’s total tax liability per tax return grew to approximately $9,696.98 in 2021, indicating an expanding income base and... Read more
Average Taxable Income per Tax Return in Idaho County, ID over the last 9 years
Over the past nine years, Idaho County, Idaho has seen a gradual rise in the average taxable income per tax return, culminating in $64,730.50 in 2021. This steady increase suggests a strengthening local economy, which could be appealing to potential investors and those considering building property here. Higher taxable incomes may also indicate better job opportunities and potentially higher real estate values, making it an attractive location for new residents and developers alike.
Average State and Local Income Taxes Per Tax Return in Idaho County, ID Over the Last 10 Years
The average state and local income taxes per tax return in Idaho County, Idaho have seen a significant upward trend over the last decade, starting at $4,903.06 in 2012 and skyrocketing to $13,204.35 by 2021. This consistent rise, with notable jumps particularly in 2018 and 2019, suggests increasing income levels and potentially higher tax brackets. For investors and potential residents, this could indicate a growing economy and a more affluent population, but also higher living costs.
Average Total Tax Liability Per Tax Return in Idaho County, ID Over the Last 10 Years
Over the past decade, Idaho County, Idaho has seen a notable increase in average total tax liability per tax return. Starting at around $6,332.40 in 2012, it has climbed steadily, reaching approximately $9,696.98 by 2021. This rise suggests a growing income base or shifts in tax legislation impacting residents. Investors and those considering relocating may find these trends indicative of economic expansion and potential increases in living costs. Notably, the most significant jumps occurred in the years post-2018, signaling a period of rapid financial growth or altered financial obligations for taxpayers.
Cost of Living in Idaho County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,227 | $1,882 | $1,702 | $1,054 | $1,366 |
| 1 adult 4 children | $1,227 | $1,537 | $1,318 | $1,054 | $1,489 |
| 2 adults 3 children | $1,227 | $1,538 | $1,469 | $1,054 | $1,081 |
| 1 adult 3 children | $1,227 | $1,255 | $1,085 | $1,054 | $1,181 |
| 2 adults 2 children | $944 | $1,259 | $1,235 | $914 | $882 |
| 1 adult 2 children | $944 | $940 | $851 | $914 | $822 |
| 2 adults 1 child | $944 | $995 | $1,001 | $458 | $803 |
| 1 adult 1 child | $944 | $643 | $617 | $458 | $665 |
| 2 adults | $717 | $799 | $768 | $0 | $668 |
| 1 adult | $631 | $436 | $384 | $0 | $585 |
Safety trends & Data
Property crime trends in Idaho County, Idaho, have varied over the past five years. Burglary peaked at 12 incidents in 2018, then dropped to just one in 2019, with a slight rise to five in 2022. Larceny-theft incidents fluctuated, hitting a low of three in 2021 but generally staying around seven incidents. Vandalism remained relatively stable, ranging from seven to ten cases yearly. Notably, arson was only reported once in 2022. These shifts might influence real estate values, insurance costs,... Read more
Property Crime Trends in Idaho County, ID Over the Last 5 Years
Property crime in Idaho County, Idaho has shown variable trends over the past five years. Burglary peaked at 12 incidents in 2018, dropped sharply to just one in 2019, but has since seen a slight uptick to five incidents in 2022. Larceny-theft incidents have fluctuated, hitting a low of three in 2021 but remaining generally stable around seven incidents in both 2019 and 2022. Vandalism appears somewhat consistent, with incidents ranging from seven to ten per year. Interestingly, arson was reported only once in 2022. These shifts in property crime rates could impact real estate values, insurance premiums, and investment decisions.
Demographics
Idaho County, Idaho exhibits a balanced gender distribution and sizable educational attainment levels, with a significant portion of the adult population holding at least a high school diploma. Predominantly White, the racial composition demonstrates limited diversity. The age demographic is weighted towards older adults, hinting at a higher median age. These trends may impact local policies, economic opportunities, and community... Read more
Race Distribution in Idaho County, Idaho (2022)
Educational Attainment in Idaho County, Idaho (2022)
Age Distribution in Idaho County, Idaho
Citizen Population in Idaho County, Idaho (2022)
Political Trends & Data
Idaho County, Idaho, shows a strong Republican preference, with an estimated 81.5% of the vote in the 2020 U.S. Presidential Election. Democrats managed to secure around 16.3% of the vote, highlighting a clear political divide. Lesser-known parties like the Libertarians received minimal support, totaling just over... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Idaho County, Idaho, appears to lean significantly towards the Republican party, with an estimated 81.5% support in the 2020 U.S. Presidential Election. Democrats garnered roughly 16.3% of the vote, indicating a pronounced political divide. Minimal support was observed for the Libertarian party and other smaller parties, which collectively captured just over 2% of the vote.
81.50% of voters voted for the Republican party in the 2020 Presidential Election
16.26% 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
1.01% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Idaho County, Idaho, the student-to-teacher ratio has stayed mostly around 13 students per teacher for the past decade, often lower than the national average of 14. In 2015 and 2023, the ratio hit a low of 12 students per teacher, indicating smaller classroom sizes. This could suggest a more personalized educational environment, potentially attracting families and boosting demand for housing in family-friendly areas. Real estate professionals and developers might find value in leveraging... Read more
Student-to-teacher ratio in Idaho County, Idaho over the last 10 years
Idaho County, Idaho has seen its student-to-teacher ratio mostly fluctuate around 13 students per teacher over the past decade, often dropping below the national average of 14 students per teacher. Notably, the ratio dipped to its lowest at 12 students per teacher in 2015 and 2023, suggesting smaller classroom sizes compared to the national norm. This trend might imply a more personalized educational experience, which could be an attractive factor for families considering a move to the area. For real estate agents and appraisers, this could indicate a higher demand for housing in family-friendly neighborhoods. Prospective investors and developers might also consider the appeal of community services influenced by these educational statistics to enhance their property planning.
