Valley County Real Estate and Livability Trends
Valley County, Idaho’s dramatic rise in median home values, soaring from $221,500 in 2015 to $471,000 in 2022, is noteworthy, reflecting a buoyant property market. Parallel to this, significant hikes in both real estate taxes and average taxable income per return suggest a thriving economic environment with higher public spending. Trends in the student-to-teacher ratio fluctuating and... Read more
Valley County Market Trends
Valley County, Idaho's median home values have climbed from $221,500 in 2015 to $471,000 in 2022, outpacing both state and national increases. Residential energy tax credits per return peaked at $2,250.00 in 2018, reflecting possible interest in energy-efficient investments, and have stabilized above $1,000.00 since 2019. Real estate taxes have also surged from $2,470.21 in 2012 to $5,388.68 in... Read more
Median Value of Occupied Housing Units in Valley County, Idaho Over the Last 8 Years
Valley County, Idaho has seen a significant climb in median home values over the past eight years, jumping from $221,500 in 2015 to $471,000 in 2022. This outpaces both the state, where median values rose from $162,900 to $331,600, and the national levels, which increased from $125,500 to $179,400 in the same period. Such trends suggest a robust demand and potentially attractive returns for those investing in or building property within Valley County.
Residential Energy Tax Credit Per Tax Return in Valley County, ID Over the Last 9 Years
Valley County, Idaho has shown notable fluctuations in its residential energy tax credits over the past nine years. Starting at $300.00 in 2013, there's a significant peak in 2018 where the credit per return soared to $2250.00, reflecting a potential surge in energy-efficient investments. Though the figures dipped post-2018, the amounts have since remained relatively higher than the early part of the decade, holding steady above $1000.00 from 2019 onwards. This change could indicate a growing trend among residents to leverage energy tax incentives, presenting a possible attraction for eco-conscious investors and property developers focusing on sustainable housing solutions.
Average Real Estate Taxes Per Tax Return in Valley County, ID Over the Last 10 Years
Valley County, Idaho has seen a notable uptick in average real estate taxes per tax return over the last decade. Starting at $2,470.21 in 2012, there has been a consistent increase, culminating in a peak of $5,388.68 in 2020. Such a trend suggests rising property values and possibly increased public spending in the area. This steady rise in real estate taxes could be indicative of greater investment opportunities but may also impact affordability for potential homeowners and investors.
Percentage of Farm Returns in Valley County, ID Over the Last 10 Years
Over the last decade, Valley County, Idaho has seen modest fluctuations in farm tax returns, starting at roughly 1.73% in 2012 and trending downwards to about 1.28% by 2021. These returns briefly increased in some years, peaking at around 1.81% in 2018, indicating periods of slightly higher agricultural profitability. The general decline may suggest shifting economic activities or challenges in the agricultural sector within the county. This trend could be relevant for investors and potential residents seeking insight into the agricultural viability and economic stability of Valley County.
Number of Mortgages by Occupancy Type in Valley County, ID Over the Last 5 Years in Valley County
Over the last five years in Valley County, Idaho, the number of mortgages for principal residences has generally increased, peaking around 2020 and showing a notable presence of second residences as well. There has been a consistent upward trend in investment properties, although their volume remains lower than the other two occupancy types. These shifts matter because they could indicate changing demand patterns that influence property values, rental market potential, and the need for different types of housing developments. Real estate agents, investors, and those looking to move may find these trends helpful in assessing market dynamics and future opportunities. For appraisers and insurance agents, understanding these trends helps with accurate valuations and risk assessments.
Economic Outlook
Valley County, Idaho has experienced a significant rise in average taxable income per tax return, almost doubling from $52,994.12 in 2013 to $109,276.56 in 2021. This increase in income hints at a dynamic economic environment potentially making it a promising area for property investment. However, it’s worth noting the substantial climb in average state and local income taxes, which surged from $6,105.93 in 2012 to $22,455.10 in 2021, highlighting a higher tax burden that could impact... Read more
Average Taxable Income per Tax Return in Valley County, ID over the last 9 years
Over the past nine years, Valley County, Idaho has seen a notable increase in average taxable income per tax return, growing from approximately $52,994.12 in 2013 to around $109,276.56 in 2021. This trend suggests a promising economic environment and potential for robust property investment opportunities, as higher incomes typically translate to stronger purchasing power and a more vibrant local economy. Those looking to invest, build, or move to the area might find these income trends encouraging, as they signal a community with increasing financial stability and resources.
Average State and Local Income Taxes Per Tax Return in Valley County, ID Over the Last 10 Years
Over the past decade, Valley County, Idaho has seen a significant increase in average state and local income taxes per tax return, jumping from $6,105.93 in 2012 to $22,455.10 in 2021. This upward trend indicates an escalating tax burden which can impact property value and living costs, making it vital information for potential investors and residents. As taxes climb, understanding this financial shift can help in making informed decisions about local real estate investments and living expenses.
Average Total Tax Liability Per Tax Return in Valley County, ID Over the Last 10 Years
Valley County, Idaho has seen a notable upward trend in average total tax liability per tax return over the last decade. Starting at $8,278.96 in 2012, the liability rose to $20,112.57 by 2021, nearly doubling in the last three years alone. This sharp increase might imply rising income levels or economic growth within the county, possibly making it an attractive area for potential investors or those looking to capitalize on the region's economic momentum. It’s worth considering for anyone planning to build property or move to Valley County, as these trends could affect future financial planning.
Cost of Living in Valley County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,225 | $1,653 | $1,567 | $1,439 | $1,333 |
| 1 adult 4 children | $1,225 | $1,350 | $1,214 | $1,439 | $1,494 |
| 2 adults 3 children | $1,225 | $1,350 | $1,352 | $1,439 | $1,081 |
| 1 adult 3 children | $1,225 | $1,102 | $999 | $1,439 | $1,220 |
| 2 adults 2 children | $935 | $1,105 | $1,137 | $1,255 | $888 |
| 1 adult 2 children | $935 | $826 | $784 | $1,255 | $895 |
| 2 adults 1 child | $935 | $874 | $922 | $656 | $809 |
| 1 adult 1 child | $935 | $564 | $568 | $656 | $682 |
| 2 adults | $828 | $702 | $706 | $0 | $664 |
| 1 adult | $712 | $383 | $353 | $0 | $601 |
Safety trends & Data
Valley County, Idaho has experienced variable property crime rates over the past five years, which could impact real estate investment decisions. Vandalism incidents have notably decreased from 12.0 in 2018 to just 1.0 in 2021. Larceny-theft, the most common crime, saw a peak of 11.0 cases in 2018, dropping to 3.0 in 2019. This predominantly downward trend could lead to favorable adjustments in property insurance rates and potentially increase property... Read more
Property Crime Trends in Valley County, ID Over the Last 5 Years
Valley County, Idaho has seen a fluctuating pattern in property crimes over the past five years, with burglary incidents ranging from 2.0 to 5.0 each year. Larceny-theft has been the most frequent type, peaking at 11.0 in 2018 and dropping to as low as 3.0 in 2019. Notably, vandalism has shown a significant decrease, from 12.0 reported cases in 2018 to just 1.0 in 2021. Motor vehicle theft remained relatively low with a slight uptick in 2021 reaching 3.0 cases. This varying but predominantly downward trend in property crime may influence property investment, real estate decisions, and insurance rates in the county.
Demographics
Valley County, Idaho, shows a slight gender imbalance with a higher male population. Educational attainment indicates a significant portion of residents having completed high school with a notable number holding bachelor's degrees. The age distribution is weighted towards older adults, particularly those between 55 to 74 years, suggesting a region with a significant retiree community. Racial demographics are predominantly White, reflecting broader trends in rural Idaho... Read more
Race Distribution in Valley County, Idaho (2022)
Educational Attainment in Valley County, Idaho (2022)
Age Distribution in Valley County, Idaho
Citizen Population in Valley County, Idaho (2022)
Political Trends & Data
Valley County, Idaho, leaned heavily Republican in the 2020 U.S. Presidential Election, with over 55% of votes likely going to the GOP. While Democrats followed with around 42%, the influence of third-party candidates was minimal, capturing just 2% of the vote. This voting pattern might hint at a conservative tilt among residents, which could potentially influence local governance and policy... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Valley County, Idaho, exhibited a noticeable preference for Republican candidates in the 2020 U.S. Presidential Election, with over 55% of the votes likely cast for the Republican Party. Democrats, while solidly in second place, garnered around 42% of the vote share. Libertarians and other minor parties combined accounted for roughly 2% of the votes, suggesting that third-party influence was relatively minimal in the region. This distribution might indicate a strong conservative inclination among the county's electorate.
55.88% of voters voted for the Republican party in the 2020 Presidential Election
42.14% of voters voted for the Democrat party in the 2020 Presidential Election
1.03% of voters voted for the Livertarian party in the 2020 Presidential Election
0.95% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Valley County, Idaho, has fluctuated over the past decade, peaking at 21 in 2015 and dipping to 10 in 2016. Recent years show a more balanced ratio of around 13-14, aligning with the national average. For investors and real estate professionals, these trends are crucial for assessing attractive family-friendly areas, potentially impacting housing demand and property values. For community planning, these ratios provide insight into educational quality and resource... Read more
Student-to-teacher ratio in Valley County, Idaho over the last 10 years
The student-to-teacher ratio in Valley County, Idaho, has seen quite a bit of fluctuation over the past decade, with values ranging from a low of 10 in 2016 to a high of 21 in 2015. Notably, recent years show a trend toward more balanced ratios, stabilizing around 13 to 14. This is roughly in line with the national average of 14 students per teacher, indicating that the area may provide relatively similar classroom experiences to the broader U.S. However, investors, appraisers, and real estate agents should consider these variations since areas with consistent, favorable student-to-teacher ratios can be more attractive to families, potentially influencing housing demand and property values. For community members and educators, understanding these numbers helps in gauging educational quality and resource allocation, key factors for long-term community planning and development.
