Butte County Real Estate and Livability Trends
Butte County, California has seen a notable rise in average taxable income, jumping from $49,813.53 in 2013 to $73,811.94 in 2021. This suggests potential economic stability and increased consumer spending power. However, escalating income taxes and total tax liabilities could offset these income gains, potentially tightening household budgets. Median home values have surged from $221,700 in 2015... Read more
Butte County Market Trends
Over the past eight years, median home values in Butte County, California, have risen from $221,700 in 2015 to $371,600 in 2022, outpacing national growth rates. Even though these values are still below the California state average, the upward trend implies increasing local interest and investment opportunities. A notable rise in residential energy tax credits, peaking at $5,259.59 in 2018,... Read more
Median Value of Occupied Housing Units in Butte County, California Over the Last 8 Years
Over the past eight years, median home values in Butte County, California, have seen significant growth from $221,700 in 2015 to $371,600 in 2022. This pace of increase is faster than the national growth, where median values rose from $125,500 to $179,400. Although Butte County's home values remain below the California state average, which surged from $385,500 to $659,300, the upward trajectory in Butte County signals a growing interest and potential investment opportunities in the area.
Residential Energy Tax Credit Per Tax Return in Butte County, CA Over the Last 9 Years
In the past nine years, Butte County, California has seen a notable rise in the average residential energy tax credit per tax return, peaking at $5,259.59 in 2018. This significant increase suggests a growing investment in energy-efficient home improvements. Notably, after reaching this high, there has been some fluctuation, with recent years stabilizing around the $4,000 mark. This pattern indicates strong ongoing support for energy efficiency among residents, making Butte County an attractive area for green energy investments and environmentally conscious homebuyers.
Average Real Estate Taxes Per Tax Return in Butte County, CA Over the Last 10 Years
Over the past decade, Butte County, California has seen a steady rise in average real estate taxes per tax return, climbing from approximately $2,699.16 in 2012 to around $4,954.23 in 2021. The most notable jumps occurred between 2016 and 2018, reflecting a broader trend of increasing property values and local tax assessments. For potential investors or those considering a move, this data suggests a trend of rising property taxes that could influence long-term affordability and budgeting decisions.
Percentage of Farm Returns in Butte County, CA Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Butte County, California shows a slight but noticeable downward trend, dropping from approximately 1.84% in 2012 to around 1.65% in 2021. Such returns hint at both the economic health of local agriculture and possibly broader shifts in land use and agricultural investment. For investors and prospective property developers, this gradual decline might suggest a changing landscape where traditional farming is becoming less prominent, potentially making room for alternative land uses. This insight could be crucial for making informed decisions about property investments and development strategies in Butte County.
Number of Mortgages by Occupancy Type in Butte County, CA Over the Last 5 Years in Butte County
Over the last five years in Butte County, California, there's been a noticeable variance in mortgage counts by occupancy type. Principal residences consistently dominate the market, while both second residences and investment properties show fluctuating but generally lower figures. Such shifts hint at changing residential priorities and economic strategies among buyers, reflecting broader trends in property investment and homeowner preferences. This matters to investors by indicating potential demand dynamics, while for real estate agents and appraisers, it suggests where to focus efforts and how to price properties. For insurance agents, these trends could influence risk assessment and premiums, and for those considering a move, understanding these patterns may help forecast neighborhood stability and growth.
Economic Outlook
Butte County, California has seen a significant rise in average taxable income per tax return, from $49,813.53 in 2013 to $73,811.94 in 2021, indicating economic stability and higher consumer spending potential. This jump could be tied to local developments or a surge in higher-paying jobs. However, the increase in average state and local income taxes to $17,612.24 in 2021 from $6,896.19 in 2012 may offset the income gains, impacting the cost of living. Additionally, the average total tax... Read more
Average Taxable Income per Tax Return in Butte County, CA over the last 9 years
Butte County, CA has seen a noticeable increase in average taxable income per tax return, jumping significantly from $49,813.53 in 2013 to $73,811.94 in 2021. This upward trend highlights a growing economic stability and potential for increased consumer spending, making the region attractive for investment. The spike from 2017 onward suggests a substantial boost in economic activities, possibly driven by local developments or a rise in higher-paying jobs. If you're considering moving to or investing in Butte County, these financial trends point to a robust and healthy economic environment.
Average State and Local Income Taxes Per Tax Return in Butte County, CA Over the Last 10 Years
Over the past decade, Butte County, CA has seen significant increases in average state and local income taxes per tax return, reaching $17,612.24 in 2021 from $6,896.19 in 2012. Particularly notable is the sharp rise in 2018 and 2019, when taxes jumped from approximately $9,342.57 in 2016 to $12,861.67 in 2018 and further to $13,759.39 in 2019. This surge in tax liabilities may impact the cost of living and could be a critical consideration for current and prospective residents.
Average Total Tax Liability Per Tax Return in Butte County, CA Over the Last 10 Years
Over the past decade in Butte County, California, the average total tax liability per tax return has seen a notable increase, especially from $8,034.73 in 2012 to a substantial $11,545.44 in 2021. This upward trend indicates rising incomes or effective tax rates, making it a key factor for potential investors and residents to consider. Those interested in property development should note the financial growth of the area, suggesting a potentially affluent market.
Cost of Living in Butte County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,761 | $1,629 | $2,562 | $2,022 | $2,036 |
| 1 adult 4 children | $1,761 | $1,330 | $1,978 | $2,022 | $2,196 |
| 2 adults 3 children | $1,761 | $1,331 | $2,213 | $2,022 | $1,703 |
| 1 adult 3 children | $1,761 | $1,086 | $1,629 | $2,022 | $1,867 |
| 2 adults 2 children | $1,239 | $1,089 | $1,865 | $1,768 | $1,196 |
| 1 adult 2 children | $1,239 | $814 | $1,281 | $1,768 | $1,200 |
| 2 adults 1 child | $1,239 | $861 | $1,516 | $946 | $942 |
| 1 adult 1 child | $1,239 | $556 | $932 | $946 | $779 |
| 2 adults | $941 | $692 | $1,168 | $0 | $669 |
| 1 adult | $893 | $377 | $584 | $0 | $603 |
Safety trends & Data
Over the last five years, Butte County, California, has seen fluctuations in property crime rates with a notable decrease in larceny-theft incidents from 483.00 in 2018 to 148.00 in 2022. Burglary and motor vehicle theft incidents have also dipped significantly. Interestingly, arson arrests spiked in 2020 but then dropped, while fraud incidents notably increased in 2022. These trends can potentially impact property values and are essential for investors, appraisers, insurance agents, and... Read more
Property Crime Trends in Butte County, CA Over the Last 5 Years
Over the last five years, Butte County, California, reveals some noteworthy fluctuations in property crime rates. The total incidents of larceny-theft have notably decreased from 483.00 in 2018 to just 148.00 in 2022. Burglary and motor vehicle theft incidents have also seen a significant dip over the same period, suggesting a potential improvement in safety conditions. Arson arrests spiked in 2020 but dropped subsequently, while fraud incidents had a notable increase in 2022. These trends may impact property values and should be considered by potential investors, appraisers, insurance agents, and residents alike.
Demographics
Butte County, California shows a fairly balanced gender demographic, with a slightly higher female population. The educational attainment highlights that a significant portion of adults have some college education, but there's also a notable degree of high school graduates and those with bachelor’s degrees, indicating variable access to higher education. The age distribution skews younger, with substantial populations in the 20-34 years range, suggesting opportunities for targeted services... Read more
Race Distribution in Butte County, California (2022)
Educational Attainment in Butte County, California (2022)
Age Distribution in Butte County, California
Citizen Population in Butte County, California (2022)
Political Trends & Data
In Butte County, California, the Democratic Party seemed to slightly edge out the Republican Party with around 49.4% of the votes compared to 47.7%, indicating a highly competitive political environment. Minor parties like the Libertarian and Green parties managed to gather a small, yet notable portion of the vote, reflecting a predominantly two-party system with limited third-party influence. This competitive landscape hints that even small changes in voter preference could significantly... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Butte County, California, the Democratic Party appeared to just slightly lead with approximately 49.4% of the votes, while the Republican Party trailed closely at about 47.7%. Minor parties, including the Libertarian and Green parties, collectively captured a small share of the vote, hinting at a primarily two-party region with limited but notable third-party presence. This suggests a competitive political landscape where outcomes might hinge on small swings in voter preference.
47.74% of voters voted for the Republican party in the 2020 Presidential Election
49.41% of voters voted for the Democrat party in the 2020 Presidential Election
1.74% of voters voted for the Livertarian party in the 2020 Presidential Election
0.50% of voters voted for the Green party in the 2020 Presidential Election
0.62% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Butte County, California, the student-to-teacher ratio has decreased over the past nine years from nearly 19 to just above 17, compared to the national average of 14. This trend might impact instructional quality, making it crucial for investors and movers to consider when assessing the local education system. Real estate agents and appraisers could leverage the improved ratios as a selling point, signaling possible enhancements in educational infrastructure. However, insurance agents and... Read more
Student-to-teacher ratio in Butte County, California over the last 9 years
Over the past nine years in Butte County, California, the student-to-teacher ratio has seen a gradual decrease from nearly 19 to just above 17. This trend contrasts with the national average of 14 students per teacher, indicating larger class sizes in the area which might impact instructional quality and individualized attention. For potential investors or those considering moving to Butte County, these ratios could be a significant factor in assessing the local education system's capacity. Real estate agents and appraisers may find the improved ratios over recent years a selling point, reflecting possible enhancements in educational infrastructure. However, insurance agents and builders should consider these metrics when evaluating risks and opportunities associated with community development and property values.
