Copper River Census Area Real Estate and Livability Trends
In Copper River Census Area, Alaska, real estate dynamics show intriguing patterns. Average taxable income per tax return rose from $57,667.13 in 2019 to $65,540.00 in 2021, but so did the average total tax liability, jumping from $7,509.73 to $8,976.32, potentially impacting investment decisions. Median home values experienced minor fluctuations, dipping from $234,500 in 2020 to $232,200 in... Read more
Copper River Census Area Market Trends
Copper River Census Area in Alaska saw median home values fluctuate over the past three years, with $234,500 in 2020 dipping to $232,200 in 2021, then rising to $235,100 in 2022. This slight volatility contrasts with the statewide increase to $318,000 in 2022 and a national surge from $149,600 to $179,400 over the same period, suggesting that the local market is somewhat out of sync with broader... Read more
Median Value of Occupied Housing Units in Copper River Census Area, Alaska Over the Last 3 Years
Copper River Census Area in Alaska saw median home values fluctuate over the past three years, with 2020 at $234,500, dipping slightly in 2021 to $232,200, and rising to $235,100 in 2022. Comparatively, Alaska's statewide median home values increased each year, reaching $318,000 in 2022, suggesting that the local market's slight volatility may be out of step with broader state trends. For context, the national median home value surged from $149,600 in 2020 to $179,400 by 2022, indicating that while Copper River's housing market remains relatively stable, it lags behind the significant growth seen nationwide. Whether you're investing or planning a move, it's worth noting this unique pattern in a broader booming housing environment.
Percentage of Farm Returns in Copper River Census Area, AK Over the Last 3 Years
Copper River Census Area in Alaska has seen a steady increase in the percentage of farm tax returns filed over the past three years, growing from approximately 1.40% in 2019 to 1.75% in 2021. This upward trend indicates a gradual rise in agricultural activity, suggesting opportunities for investment in farmland and related enterprises. For those considering moving to or investing in the area, this growth in farm returns reflects a strengthening agricultural sector, potentially translating to more stable local economies and increased land value. This is particularly compelling for those interested in rural development, sustainable farming practices, and long-term economic growth within Copper River Census Area.
Economic Outlook
Copper River Census Area in Alaska has seen average taxable income per tax return grow from $57,667.13 in 2019 to $65,540.00 in 2021, suggesting a positive economic trend that could attract potential new residents. However, the average total tax liability per tax return also increased sharply from $7,509.73 in 2019 to $8,976.32 in 2021, indicating a rising tax burden that is essential for investors and property developers to consider when evaluating overall costs and economic... Read more
Average Taxable Income per Tax Return in Copper River Census Area, AK over the last 3 years
The Copper River Census Area in Alaska has seen a notable growth in average taxable income per tax return over the past three years. From $57,667.13 in 2019 to $65,540.00 in 2021, this increase suggests a positive economic trajectory which could be attractive to potential new residents seeking a stable and improving financial environment.
Average Total Tax Liability Per Tax Return in Copper River Census Area, AK Over the Last 3 Years
Copper River Census Area in Alaska has seen a noticeable increase in the average total tax liability per tax return over the last three years. Starting from $7,509.73 in 2019, it went up to $7,681.31 in 2020, and sharply rose to $8,976.32 in 2021. This upward trend highlights a rising tax burden in the area, which is crucial for potential investors, new residents, and property developers to consider when assessing overall costs and economic conditions.
Cost of Living in Copper River Census Area
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,518 | $1,874 | $2,715 | $1,589 | $1,343 |
| 1 adult 4 children | $1,518 | $1,530 | $2,101 | $1,589 | $1,431 |
| 2 adults 3 children | $1,518 | $1,531 | $2,344 | $1,589 | $1,062 |
| 1 adult 3 children | $1,518 | $1,250 | $1,729 | $1,589 | $1,155 |
| 2 adults 2 children | $1,168 | $1,253 | $1,972 | $1,394 | $842 |
| 1 adult 2 children | $1,168 | $936 | $1,358 | $1,394 | $804 |
| 2 adults 1 child | $1,168 | $990 | $1,600 | $760 | $751 |
| 1 adult 1 child | $1,168 | $640 | $986 | $760 | $613 |
| 2 adults | $889 | $796 | $1,229 | $0 | $589 |
| 1 adult | $781 | $434 | $614 | $0 | $480 |
Safety trends & Data
Property crime rates in Copper River Census Area, Alaska have fluctuated over the past five years, impacting potential real estate investments. Burglary rates peaked at 6.0 in 2018 but dropped to 1.0 by 2021, while Larceny-Theft decreased from 9.0 to 5.0. Vandalism had a high of 6.0 incidents in certain years, though it subsided in others. Motor Vehicle Theft showed minimal changes, and Embezzlement remained consistently low. Even with only one Arson incident in 2020, these crime trends could... Read more
Property Crime Trends in Copper River Census Area, AK Over the Last 5 Years
Copper River Census Area, Alaska has seen fluctuating property crime rates over the past five years. Burglary incidents have been inconsistent, peaking at 6.0 in 2018 but dropping to as low as 1.0 by 2021. Larceny-Theft has generally declined from 9.0 in 2018 to 5.0 in recent years. Notably, Vandalism surged to 6.0 incidents in both 2018 and 2021 but saw a decrease in other years. Motor Vehicle Theft saw minimal variation, while Embezzlement remained consistent in its low occurrence. Even Arson appeared, albeit with only one incident in 2020. Potential investors and real estate stakeholders should note these trends as they reflect underlying community safety dynamics.
Demographics
The Copper River Census Area, Alaska, presents an intriguing demographic snapshot with males slightly outnumbering females. Educational attainment showcases a balanced mix, though a significant portion of the population has some college education but no degree. The age distribution highlights a considerable older population, indicating a need for services catering to an aging demographic. The racial composition is predominantly White and American Indian and Alaska Native, reflecting the unique... Read more
Race Distribution in Copper River Census Area, Alaska (2022)
Educational Attainment in Copper River Census Area, Alaska (2022)
Age Distribution in Copper River Census Area, Alaska
Citizen Population in Copper River Census Area, Alaska (2022)
School Data
Over the past three years, the student-to-teacher ratio in Copper River Census Area, Alaska has ranged from 21 students per teacher in 2021 to nearly 24 in 2022, then slightly decreased back to 21 in 2023. Given the national average of 14 students per teacher, these figures may suggest a higher demand for educational resources or teachers locally. Understanding these ratios might help potential investors or residents assess the quality and attention available in local schools, which could... Read more
Student-to-teacher ratio in Copper River Census Area, Alaska over the last 3 years
Over the past three years, the student-to-teacher ratio in Copper River Census Area, Alaska has fluctuated from 21 students per teacher in 2021, peaking at nearly 24 in 2022, then slightly decreasing back to 21 in 2023. Compared to the national average of 14 students per teacher, these figures suggest significantly larger class sizes, which might indicate a higher demand for educational resources or teachers in the area. For potential investors or those considering a move to the county, understanding these ratios could be instrumental in assessing the quality and attention available in local schools. Real estate agents, appraisers, and insurance agents might also find these trends pertinent when evaluating property values, market dynamics, and community demands.
