El Dorado County Real Estate and Livability Trends
El Dorado County, California is experiencing a robust economic upswing, evidenced by a sharp rise in average taxable incomes from $77,823.17 in 2013 to $121,642.17 in 2021. Alongside this economic growth, median home values escalated to $597,600 by 2022, mirroring California's trend but surpassing the national median significantly. Even with this prosperity, higher state and local income taxes... Read more
El Dorado County Market Trends
El Dorado County has seen a steady rise in median home values, reaching $597,600 in 2022, closely mirroring California's market but higher than the national median of $179,400. Energy tax credits peaked in 2018 at $5,901.48, indicating a surge in energy-efficient home improvements, though they dropped to $3,888.13 in 2021. Real estate taxes have been climbing, with the average tax per return... Read more
Median Value of Occupied Housing Units in El Dorado County, California Over the Last 8 Years
El Dorado County has experienced a steady climb in median home values over the last 8 years, reaching $597,600 in 2022, up from $363,000 in 2015. This is aligned with, though slightly trailing, California's overall market trends where the median value peaked at $659,300 in 2022. Nationally, housing values have increased at a slower pace, with the 2022 median at $179,400. This suggests that both the state and county markets are their own unique, competitive scenes, providing potential for high returns on property investments compared to national averages.
Residential Energy Tax Credit Per Tax Return in El Dorado County, CA Over the Last 9 Years
El Dorado County, California, has seen a marked increase in the average residential energy tax credit per tax return over the last nine years. From 2013 to 2018, the value rose from $1,516.28 to a peak of $5,901.48, reflecting growing investments in energy-efficient home improvements. Though there was a slight drop to $3,888.13 in 2021, the overall trend demonstrates a significant boost in financial incentives, suggesting heightened homeowner interest in sustainable living practices and potential cost savings for long-term residents and investors.
Average Real Estate Taxes Per Tax Return in El Dorado County, CA Over the Last 10 Years
Over the past decade, real estate taxes per tax return in El Dorado County, California have shown a general upward trend. Starting at roughly $4,208.80 in 2012, these taxes gradually increased, with a more pronounced jump observed around 2017, reaching about $5,504.37. By 2021, the average real estate tax per tax return had climbed to approximately $7,041.00. This consistent rise might suggest an expanding local economy and increasing property values, potentially influencing investment opportunities and cost of living considerations for prospective residents and property stakeholders.
Percentage of Farm Returns in El Dorado County, CA Over the Last 10 Years
Over the past decade, El Dorado County, California has seen a general decline in the percentage of farm tax returns filed, starting from approximately 1.08% in 2012 and dropping to about 0.90% by 2021. Farm tax returns are critical indicators of agricultural activity and economic health in rural areas, reflecting the number of individuals or entities engaged in farming operations that are filing income tax returns. This trend suggests a potential shifting landscape in the county's agricultural sector, which may interest investors, potential residents, and developers considering the viability and growth of rural and farming communities in the area.
Number of Mortgages by Occupancy Type in El Dorado County, CA Over the Last 5 Years in El Dorado County
El Dorado County, California has shown significant fluctuations in mortgage counts for different occupancy types over the past five years. The number of mortgages for principal residences has generally been the highest, peaking in 2020 with over 25,000, while investment properties and second residences saw more modest numbers. Notably, investment property mortgages spiked dramatically from 706 in 2019 to 1354 in 2021. These trends suggest varying investment interests and housing needs, which could impact property values, investment opportunities, insurance premiums, and development plans in the area. Understanding these dynamics is crucial for investors, home buyers, real estate professionals, and appraisers as they navigate the evolving real estate landscape in El Dorado County.
Economic Outlook
El Dorado County, California has witnessed a significant rise in average taxable income, growing from $77,823.17 in 2013 to $121,642.17 in 2021, hinting at robust economic growth and an appealing environment for investors and new residents. Concurrently, average state and local income taxes have surged, climbing from $9,608.08 in 2012 to $24,136.74 in 2021, highlighting increased fiscal demands on residents. Additionally, the average total tax liability has grown from $13,555.42 in 2012 to... Read more
Average Taxable Income per Tax Return in El Dorado County, CA over the last 9 years
Over the past nine years, El Dorado County, CA has seen a significant and steady increase in average taxable income per tax return, surging from $77,823.17 in 2013 to $121,642.17 in 2021. This upward trend indicates robust economic growth and potentially higher living standards, making the county an attractive option for investors, new residents, and property developers. Increasing incomes suggest a healthy job market and economic stability, positively reflecting on the area's desirability and long-term investment potential.
Average State and Local Income Taxes Per Tax Return in El Dorado County, CA Over the Last 10 Years
El Dorado County residents have experienced a significant increase in average state and local income taxes per tax return over the past decade. In 2012, the average was $9,608.08, whereas by 2021, it surged to $24,136.74. This sharp escalation highlights a growing fiscal demand on residents, reflecting potential changes in income levels, tax policies, and economic conditions in the area. This trend is crucial for potential movers and current residents to consider, as it underscores the increasing tax burden that could impact disposable income and cost of living in El Dorado County.
Average Total Tax Liability Per Tax Return in El Dorado County, CA Over the Last 10 Years
El Dorado County, California has seen a consistent rise in average total tax liability per tax return over the last decade, with an increase from $13,555.42 in 2012 to $23,764.89 in 2021. This trend suggests a growing income and potentially higher property values, painting a picture of economic growth and increased affluence. For potential investors, movers, and property developers, this steady upward trend indicates a vibrant and prospering community, making El Dorado County an attractive location for financial and real estate ventures.
Cost of Living in El Dorado County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,391 | $1,926 | $2,162 | $2,288 | $2,684 |
| 1 adult 4 children | $2,391 | $1,573 | $1,669 | $2,288 | $2,741 |
| 2 adults 3 children | $2,391 | $1,574 | $1,868 | $2,288 | $2,350 |
| 1 adult 3 children | $2,391 | $1,285 | $1,375 | $2,288 | $2,456 |
| 2 adults 2 children | $1,682 | $1,288 | $1,574 | $2,008 | $1,650 |
| 1 adult 2 children | $1,682 | $962 | $1,081 | $2,008 | $1,764 |
| 2 adults 1 child | $1,682 | $1,018 | $1,280 | $1,099 | $1,235 |
| 1 adult 1 child | $1,682 | $658 | $787 | $1,099 | $1,196 |
| 2 adults | $1,341 | $818 | $986 | $0 | $860 |
| 1 adult | $1,223 | $446 | $493 | $0 | $779 |
Safety trends & Data
El Dorado County, California has seen mixed trends in property crime rates over the past five years. Larceny-theft fell dramatically from 142.00 incidents in 2018 to just 42.00 in 2021, and even though it rose to 89.00 in 2022, it remains significantly lower than previous years. Burglary incidents also saw a notable decrease from 122.00 in 2020 to 41.00 in 2022. Interestingly, vandalism rates have stayed relatively stable, peaking at 76.00 in both 2020 and 2022. This overall decline in... Read more
Property Crime Trends in El Dorado County, CA Over the Last 5 Years
El Dorado County, California has experienced fluctuating property crime rates over the past five years. Notably, larceny-theft cases saw a considerable dip from 142.00 in 2018 to just 42.00 in 2021, before rising slightly to 89.00 in 2022. Burglary incidents decreased from 122.00 in 2020 to 41.00 by 2022. Meanwhile, vandalism and motor vehicle theft rates have remained somewhat stable, with vandalism peaking at 76.00 each in 2020 and 2022. Investors and real estate agents might view the overall decline in high-profile property crimes as a positive indicator for the housing market and property values, while the slight rise in fraud to 49.00 in 2022 could be a point of concern for insurance agents.
Demographics
El Dorado County, California displays a balanced adult population between males and females. Nearly half its residents have achieved some college education or higher, with a substantial portion holding bachelor's degrees. The age distribution suggests a mature populace, predominately between 45 to 74 years. Racial diversity appears limited, with the majority identifying as White and smaller minorities comprising the rest. These demographics hint at a relatively educated and aging population... Read more
Race Distribution in El Dorado County, California (2022)
Educational Attainment in El Dorado County, California (2022)
Age Distribution in El Dorado County, California
Citizen Population in El Dorado County, California (2022)
Political Trends & Data
El Dorado County, California displayed a predominantly conservative voter base during the 2020 U.S. Presidential Election, with Republicans receiving just over 53% of the vote. Democrats garnered around 44%, indicating a smaller but notable liberal presence. Minor parties like Libertarians and Greens had minimal impact, suggesting limited diversification in political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
El Dorado County in California showed a leaning towards the Republican party in the 2020 U.S. Presidential Election, with just over 53% of the vote. The Democratic party followed with around 44%, while minor parties like the Libertarians and Greens garnered minimal support. This distribution suggests a predominantly conservative voter base with some diversified political preferences.
53.24% of voters voted for the Republican party in the 2020 Presidential Election
44.44% of voters voted for the Democrat party in the 2020 Presidential Election
1.61% of voters voted for the Livertarian party in the 2020 Presidential Election
0.40% of voters voted for the Green party in the 2020 Presidential Election
0.32% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in El Dorado County, California, has varied between about 19.7 and 20.45 over the last nine years, consistently exceeding the national average of fourteen students per teacher. This might indicate larger class sizes and potentially stretched resources for each student. For potential investors and those planning to move to the area, it suggests a possible need for additional educational resources or schools, which can influence real estate decisions. Real estate... Read more
Student-to-teacher ratio in El Dorado County, California over the last 9 years
The student-to-teacher ratio in El Dorado County, California, has fluctuated between approximately 19.7 and 20.45 over the last nine years. These numbers consistently exceed the national average of fourteen students per teacher, which could suggest larger class sizes and potentially more stretched resources for each student. For potential investors and those planning to move to the area, this could indicate a need for additional educational resources or schools. For real estate agents, it might be relevant when discussing local school quality. Appraisers and insurance agents may take these ratios into account when assessing property values and insurance premiums, respectively, as educational quality can influence real estate market dynamics.
