Carver County Real Estate and Livability Trends

Carver County, Minnesota, has seen a significant jump in median home values, rising from $267,000 in 2015 to $400,500 in 2022, suggesting strong demand and growth potential. Real estate taxes have also steadily increased from $4,259.03 in 2012 to $6,455.37 in 2021, potentially reflecting rising property values and increased local government spending. There's been a notable fluctuation in... residential energy tax credits, particularly peaking in 2018 at $2,637.50, hinting at heightened efforts towards energy-efficient home improvements. A gradual decline in farm tax returns from 1.79% in 2012 to 1.33% in 2021 could indicate a shift away from traditional farming activities. Mortgage trends show principal residences dominating the market, especially peaking in 2020, which could be vital for appraisers and sellers to understand. Read more

Carver County, Minnesota, has seen a steady increase in average taxable income per tax return, jumping from $92,254.27 in 2013 to $129,791.13 in 2021, hinting at a robust local economy that could attract investors and developers. This economic growth is coupled with rising state and local income taxes, up from $9,540.11 in 2012 to $21,030.60 in 2021, which might affect residents' disposable incomes and influence relocation decisions. Average total tax liability per tax return has also climbed,... going from $17,370.07 in 2012 to $25,564.37 in 2021, suggesting higher property values and income levels. Despite fluctuating poverty rates, peaking at 5.6% in 2021, the county has generally stayed below the national average, pointing to a resilient yet occasionally vulnerable economic environment. These trends are crucial for understanding the area's investment potential and living conditions. Read more

Property crime in Carver County, Minnesota, has seen some fluctuations over the past five years. Larceny-theft stands out as the most common, with incidents ranging from 116.00 to 149.00 annually, while burglary and motor vehicle theft are less frequent, generally between 17.00 to 32.00 and 5.00 to 9.00 cases respectively. Fraud incidents have been steady, usually in the mid-40s to 50.00 cases per year. Investors and movers should consider these trends to understand property-related risks... better. Read more

Carver County, Minnesota exhibits a fairly balanced gender distribution among adults, with men and women nearly equal in number. Educational attainment is relatively high, with a significant portion holding bachelor's degrees or higher, which could suggest a workforce well-prepared for professional and technical roles. Age-wise, a significant portion of the population falls between 35 to 54 years, potentially indicating a mature, working-age demographic. Racially, the county remains... predominantly White, but there's a presence of diverse communities, including Asian and Black or African American populations, though they remain smaller in comparison. Read more

In Carver County, Minnesota, Republican candidates may have slightly edged out their Democratic counterparts in the 2020 U.S. Presidential Election, securing just over 51% of the votes compared to nearly 46% for Democrats. Minor parties, including the Libertarian and Green parties, collectively received a minimal share, hinting at a predominantly two-party preference in this area. This aligns with broader national trends where the electorate tends to favor major parties over smaller... ones. Read more

Carver County, Minnesota has seen its student-to-teacher ratio drop from a high of 38 students per teacher in 2017 to 12 students per teacher in 2023. This trend puts the county below the national average of 14 students per teacher, suggesting potentially better educational outcomes and a more personalized learning environment. Investors, real estate agents, and prospective residents might consider this a factor in the area's property attractiveness and quality of... life. Read more