Yavapai County Real Estate and Livability Trends
Yavapai County, Arizona's real estate market has seen notable trends with median home values nearly doubling from $188,200 in 2015 to $354,300 in 2022, outpacing both state and national averages. Residential energy tax credits have tripled since 2013, hitting $3,063.98 in 2021, indicating a significant push towards energy-efficient homes. The average real estate taxes per tax return rose from... Read more
Yavapai County Market Trends
Yavapai County, Arizona has seen its median home values skyrocket from $188,200 in 2015 to $354,300 in 2022, outpacing both statewide and national growth, potentially highlighting the area's unique attractiveness and investment potential. Residential energy tax credits per tax return have tripled since 2013, reaching $3,063.98 in 2021, indicating a significant local push towards energy-efficient... Read more
Median Value of Occupied Housing Units in Yavapai County, Arizona Over the Last 8 Years
Over the last 8 years, Yavapai County, Arizona, has experienced a substantial uptick in median home values, jumping from $188,200 in 2015 to $354,300 in 2022. This local growth significantly outpaces both the state of Arizona, which saw an increase from $167,500 to $321,400 in the same period, and the national median, which climbed from $125,500 to $179,400. Such a surge may indicate a particularly attractive real estate market in Yavapai County, potentially driven by factors unique to the area and suggesting strong investment potential.
Residential Energy Tax Credit Per Tax Return in Yavapai County, AZ Over the Last 9 Years
Over the last nine years, Yavapai County, Arizona has seen a significant and steady increase in the average residential energy tax credit per tax return. Starting from $1026.34 in 2013, the figures have more than tripled, reaching $3063.98 by 2021. Notable jumps are evident, particularly in 2017 with $1985.21 and an even larger spike in 2018 at $3197.62. This trend suggests a growing emphasis on energy efficiency modifications, making it an appealing area for eco-conscious investments and real estate development.
Average Real Estate Taxes Per Tax Return in Yavapai County, AZ Over the Last 10 Years
Over the past decade, Yavapai County in Arizona has seen its average real estate taxes per tax return steadily increase. Starting at approximately $2,340.13 in 2012, it has climbed to around $3,868.70 by 2021. Notably, there was a significant jump from 2017 to 2018, where the average increased by over $700. This upward trend reflects a potentially increasing demand and property valuation in the area, which could be a key consideration for prospective investors and residents when evaluating the cost implications of moving to or investing in Yavapai County.
Percentage of Farm Returns in Yavapai County, AZ Over the Last 10 Years
Yavapai County, Arizona, has seen slight fluctuations in farm tax returns over the past decade, generally trending around the 0.50% mark. This metric indicates the proportion of tax returns filed that are related to farming income, reflecting the economic activity of the agricultural sector. Investors, property developers, and prospective residents might find it noteworthy that the percentage has modestly decreased from 0.52% in 2012 to approximately 0.44% in 2020, which may suggest a gradual shift in the local economy. Understanding these dynamics could be critical for stakeholders assessing the viability of agricultural investments or the potential for development in the area.
Number of Mortgages by Occupancy Type in Yavapai County, AZ Over the Last 5 Years in Yavapai County
Over the last five years in Yavapai County, Arizona, there has been a notable shift in mortgage volumes across different occupancy types. Principal residences consistently have the highest number of mortgages, although they saw a decline from 2021 to 2022. Investment property mortgages and second residence mortgages exhibited some fluctuation but both saw decreases toward 2022. For investors, this could signify shifting demand and potentially lower competition in the investment and secondary market segments. Residents and prospective buyers might interpret these shifts as indicators of changing real estate dynamics, impacting decisions on purchasing or refinancing properties. Real estate agents and appraisers might find these trends crucial when evaluating property values and market health, while insurance agents could see shifts in policy needs based on evolving property usage.
Economic Outlook
Yavapai County, Arizona has experienced significant economic growth, evidenced by the rise in average taxable income per tax return from $48,739.73 in 2013 to $77,266.42 in 2021. Despite this, the average state and local income taxes per tax return have sharply increased, from $4,431.08 in 2012 to $10,888.51 in 2021, suggesting a rising cost of living that could impact household budgets. Additionally, the average total tax liability per tax return saw a notable increase from $7,758.79 in 2012... Read more
Average Taxable Income per Tax Return in Yavapai County, AZ over the last 9 years
Over the past nine years, Yavapai County, AZ has seen a substantial increase in average taxable income per tax return, growing from $48,739.73 in 2013 to $77,266.42 in 2021. This steady rise highlights the county's economic growth and increased earning potential, making it attractive for potential investors and individuals considering relocation or property investments.
Average State and Local Income Taxes Per Tax Return in Yavapai County, AZ Over the Last 10 Years
Over the last decade, Yavapai County, AZ has seen a significant rise in average state and local income taxes per tax return, starting from $4,431.08 in 2012 to $10,888.51 in 2021. This sharp increase, particularly noticeable from 2017 onward, highlights a substantial financial change that may affect household budgets and cost of living considerations for residents and potential movers.
Average Total Tax Liability Per Tax Return in Yavapai County, AZ Over the Last 10 Years
Over the last decade, Yavapai County, Arizona has seen a significant rise in the average total tax liability per tax return, climbing from about $7,758.79 in 2012 to a notable $12,676.83 in 2021. This upward trend indicates a growing tax burden for residents, reflecting potentially increased incomes or property values, and has important implications for those considering investments or relocation. This data suggests that Yavapai County is experiencing economic growth, which can influence both the real estate market and cost of living.
Cost of Living in Yavapai County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,769 | $1,532 | $2,681 | $1,716 | $1,836 |
1 adult 4 children | $1,769 | $1,251 | $2,070 | $1,716 | $1,922 |
2 adults 3 children | $1,769 | $1,252 | $2,317 | $1,716 | $1,532 |
1 adult 3 children | $1,769 | $1,022 | $1,705 | $1,716 | $1,636 |
2 adults 2 children | $1,281 | $1,025 | $1,952 | $1,495 | $1,151 |
1 adult 2 children | $1,281 | $765 | $1,341 | $1,495 | $1,151 |
2 adults 1 child | $1,281 | $810 | $1,587 | $778 | $964 |
1 adult 1 child | $1,281 | $523 | $976 | $778 | $818 |
2 adults | $1,042 | $651 | $1,223 | $0 | $741 |
1 adult | $857 | $355 | $611 | $0 | $579 |
Safety trends & Data
In Yavapai County, Arizona, property crime trends over the past five years show notable fluctuations, with larceny-theft and vandalism consistently ranking highest. The rise in burglary incidents in 2022 contrasts with the unpredictable patterns in arson and fraud. These dynamics can shape decisions on property security measures and insurance policies, providing valuable insights for real estate agents, appraisers, and potential... Read more
Property Crime Trends in Yavapai County, AZ Over the Last 5 Years
Over the past five years in Yavapai County, Arizona, property crimes have shown some fluctuations. Larceny-theft and vandalism consistently present the highest numbers, suggesting these are the most prevalent concerns for residents and potential property investors. Interestingly, while some categories like burglary saw a noticeable rise in 2022, others such as arson and fraud have varied with no clear trajectory. These trends could inform decisions on property security measures and insurance policies, offering insights for real estate agents, appraisers, and residents looking to understand the local crime landscape better.
Demographics
In Yavapai County, Arizona, the adult population sees a relatively balanced gender distribution, with a slight majority of females over males. Education levels reveal a community where a substantial number of individuals have attended some college but haven’t completed a degree, while high school graduates also form a significant portion. Age-wise, the area skews older, with a noticeable percentage of the population being 55 years and older. Racially, the county is predominantly White, with... Read more
Race Distribution in Yavapai County, Arizona (2022)
Educational Attainment in Yavapai County, Arizona (2022)
Age Distribution in Yavapai County, Arizona
Citizen Population in Yavapai County, Arizona (2022)
Political Trends & Data
Yavapai County, Arizona illustrated a significant Republican preference in the 2020 U.S. Presidential Election, with about 64% of votes leaning towards the GOP, compared to roughly 35% for the Democrats and a minimal 1.5% for the Libertarians. While the county's political environment heavily favors Republican candidates, the Democratic share suggests that the area might still experience competitive... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Yavapai County, Arizona saw a notable lean towards the Republican party in the 2020 U.S. Presidential Election, with approximately 64% of the vote, while around 35% went to the Democratic party. The Libertarian vote was minimal at roughly 1.5%. This trend suggests the county's strong preference for Republican candidates, though the Democratic presence is still significant enough to imply a possibly competitive political landscape.
63.91% of voters voted for the Republican party in the 2020 Presidential Election
34.63% of voters voted for the Democrat party in the 2020 Presidential Election
1.46% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Yavapai County, Arizona has a student-to-teacher ratio consistently above the national average, fluctuating between 16 and nearly 18 students per teacher. This higher ratio suggests a potential need for more educational infrastructure, which could impact investment decisions. Real estate agents can leverage this data to inform families about local school capacities, while appraisers and insurance agents might consider it when evaluating neighborhood growth and risk... Read more
Student-to-teacher ratio in Yavapai County, Arizona over the last 10 years
Yavapai County, Arizona has exhibited a student-to-teacher ratio consistently above the national average of 14 students per teacher over the past decade, with figures ranging from 16 to nearly 18 students per teacher. This trend could signal various implications for those looking to invest in the area or build new properties, as higher ratios might reflect on the demand for more educational infrastructure. Real estate agents would find this data useful for advising families about local school capacities, while appraisers and insurance agents might consider these ratios when assessing neighborhood growth and risk factors. Elevated ratios might also affect long-term residents' decisions regarding their children's education within the county.