Imperial County Real Estate and Livability Trends
Imperial County, California, has seen a significant spike in median home value from $151,600 in 2015 to $256,000 in 2022, lagging behind the state trend but still reflecting affordability. Rising average taxable income and the doubling of residential energy tax credits by 2018 highlight improved economic conditions and renewable energy incentives appealing to eco-conscious buyers. Notable... Read more
Imperial County Market Trends
In Imperial County, California, the median home value soared from $151,600 in 2015 to $256,000 in 2022, trailing the statewide surge but still offering affordability. Residential energy tax credits peaked in 2018 at $1,961.11 per return, highlighting incentives for renewable energy investments, which may appeal to eco-conscious buyers. Real estate taxes rose notably, peaking at $4,162.27 in 2020,... Read more
Median Value of Occupied Housing Units in Imperial County, California Over the Last 8 Years
The median home values in Imperial County, California have seen a substantial increase over the past eight years, rising from $151,600 in 2015 to $256,000 in 2022. While this growth trajectory is impressive, it notably trails behind the statewide median, which surged from $385,500 to $659,300 in the same period. Nationally, median home values also increased but at a more modest pace, going from $125,500 in 2015 to $179,400 in 2022. This suggests that while Imperial County is experiencing robust property value growth, it still offers more affordable options compared to the broader California real estate market, providing potential opportunities for investors and first-time homebuyers.
Residential Energy Tax Credit Per Tax Return in Imperial County, CA Over the Last 9 Years
Imperial County, California, has seen significant fluctuations in residential energy tax credits over the past nine years. Starting at $358.93 in 2013, the credit surged to $1,615.49 in 2015 before somewhat stabilizing around $1,400 to $1,900 in following years. The peak was in 2018 with an average of $1,961.11 per return, indicating aggressive adoption of energy-efficient solutions. This trend suggests strong incentives and support for residential renewable energy investments, making the area appealing for eco-conscious investors and homebuilders.
Average Real Estate Taxes Per Tax Return in Imperial County, CA Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Imperial County, California have seen a noticeable upward trajectory, starting from around $2,377.91 in 2012 and peaking at $4,162.27 in 2020. Although there was a slight dip to $4,100.52 in 2021, the overall trend suggests a substantial increase, which could signal rising property values and potentially higher returns on investment. This trend might be of particular interest to potential investors and current property owners monitoring market conditions and anticipating future tax liabilities.
Percentage of Farm Returns in Imperial County, CA Over the Last 10 Years
Farm tax returns in Imperial County, California have fluctuated slightly but show a general downward trend over the last decade. Starting at approximately 0.48% in 2012, the proportion saw drops and minor rebounds, reaching about 0.31% in 2021. This subtle decline suggests a potential decrease in farm profitability or a shift in land use. For investors, property developers, or those eyeing a move to this region, these trends might imply either expanding urban development or challenges in agricultural viability.
Number of Mortgages by Occupancy Type in Imperial County, CA Over the Last 5 Years in Imperial County
Over the past five years in Imperial County, California, the number of mortgages for principal residences has consistently been significantly higher compared to those for investment and second properties. However, there's been a noticeable decrease in overall mortgage counts for all occupancy types by 2022. Changes in occupancy type could suggest shifts in population dynamics and market demand; for instance, fewer mortgages for investment properties might indicate a less appealing rental market, affecting potential returns for investors. Meanwhile, trends in principal residence purchases are crucial for appraisers and insurance agents, as they could hint at changing neighborhood profiles and risk assessments. For those involved in real estate or planning to move, understanding these trends provides valuable insight into the local market's stability and growth potential.
Economic Outlook
Imperial County, California has seen a notable increase in average taxable income per tax return over the past nine years, rising from $38,017.42 in 2013 to $48,809.97 in 2021, which suggests improved economic conditions and investment potential. Meanwhile, the average state and local income taxes per tax return rose from $6,747.70 in 2012 to $11,432.28 in 2021, indicating higher tax obligations that could affect household budgets. The average total tax liability per tax return has shown... Read more
Average Taxable Income per Tax Return in Imperial County, CA over the last 9 years
Imperial County, CA has seen a notable increase in average taxable income per tax return over the past nine years, rising from $38,017.42 in 2013 to $48,809.97 in 2021. This consistent growth highlights an improvement in economic conditions, making it an attractive spot for investments, new businesses, or even relocation. If you're looking to tap into a region with upward financial trends and economic potential, Imperial County stands out.
Average State and Local Income Taxes Per Tax Return in Imperial County, CA Over the Last 10 Years
Imperial County, CA has seen a consistent rise in average state and local income taxes per tax return over the past decade, with a notable acceleration from 2018 onward. The figures jumped from $6,747.70 in 2012 to $11,432.28 in 2021, indicating higher tax obligations that could impact household budgets. This rising tax trend is notable for prospective residents and current inhabitants weighing the financial implications of living in this region.
Average Total Tax Liability Per Tax Return in Imperial County, CA Over the Last 10 Years
Imperial County, California has shown moderate fluctuations in average total tax liability per tax return over the last decade. Starting from $5,946.90 in 2012, there was a slight decline until 2014 at $5,672.90, followed by a general upward trajectory peaking at $6,164.48 in 2017. This trend provides insights into economic stability and potential growth, making it an area worth considering for investment or relocation due to its relatively stable tax environment.
Cost of Living in Imperial County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,606 | $1,267 | $2,061 | $1,706 | $1,406 |
| 1 adult 4 children | $1,606 | $1,035 | $1,591 | $1,706 | $1,650 |
| 2 adults 3 children | $1,606 | $1,035 | $1,781 | $1,706 | $1,161 |
| 1 adult 3 children | $1,606 | $845 | $1,311 | $1,706 | $1,381 |
| 2 adults 2 children | $1,155 | $847 | $1,501 | $1,492 | $831 |
| 1 adult 2 children | $1,155 | $633 | $1,031 | $1,492 | $832 |
| 2 adults 1 child | $1,155 | $670 | $1,221 | $797 | $737 |
| 1 adult 1 child | $1,155 | $432 | $750 | $797 | $621 |
| 2 adults | $904 | $538 | $940 | $0 | $584 |
| 1 adult | $772 | $293 | $470 | $0 | $526 |
Safety trends & Data
Imperial County, California has seen a noteworthy decline in property crimes. Burglary incidents have dropped dramatically from 231.0 in 2018 to 71.0 in 2022, and larceny-theft cases have decreased from 132.0 to 102.0 during the same period, hinting at enhanced security measures and more effective law enforcement. However, arson cases have doubled from 15.0 to 30.0, signaling specific localized issues. This evolving safety landscape is crucial for influencing property values, insurance rates,... Read more
Property Crime Trends in Imperial County, CA Over the Last 4 Years
Property crime trends in Imperial County, California, over the past four years show a significant decline in burglary incidents, from 231.0 cases in 2018 to 71.0 cases in 2022. Larceny-theft and motor vehicle theft also show a reduction, with larceny-theft dropping from 132.0 cases in 2018 to 102.0 cases in 2022, indicating potential improvements in security measures and law enforcement effectiveness. Arson cases, however, have seen a worrying increase, jumping from 15.0 in 2018 to 30.0 in 2022, which may suggest localized issues requiring targeted intervention. These trends are crucial for potential investors, real estate agents, and residents, as they provide insights into the evolving safety landscape of the area, affecting property values, insurance rates, and overall community stability.
Demographics
Imperial County, California shows a relatively balanced gender distribution with slightly more males than females. The educational landscape is diverse; while many possess a high school diploma, a notable segment lacks a 9th grade education or a diploma, suggesting potential gaps in early childhood education and completion rates. Age distribution highlights a youthful population with significant numbers under 35, influencing workforce dynamics and community services. Racial composition is... Read more
Race Distribution in Imperial County, California (2022)
Educational Attainment in Imperial County, California (2022)
Age Distribution in Imperial County, California
Citizen Population in Imperial County, California (2022)
Political Trends & Data
Imperial County, California, showed a potential strong Democratic leaning in the 2020 U.S. Presidential Election, with Democrats possibly capturing around 61% of the vote. Republicans perhaps garnered roughly 37%, while smaller parties collectively had a minimal share. This trend could imply a significant Democratic presence or inclination in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Imperial County, California, showed a strong leaning towards the Democratic Party in the 2020 U.S. Presidential Election, with Democrats potentially receiving around 61% of the vote. Republicans appeared to garner roughly 37%, while smaller parties like the Libertarians and Greens, alongside other parties, collectively had a minimal share of the votes. This trend might suggest a significant Democratic presence or inclination in the region.
36.74% of voters voted for the Republican party in the 2020 Presidential Election
61.11% of voters voted for the Democrat party in the 2020 Presidential Election
0.69% of voters voted for the Livertarian party in the 2020 Presidential Election
0.41% of voters voted for the Green party in the 2020 Presidential Election
1.05% of voters voted for the Other party in the 2020 Presidential Election
School Data
Imperial County, California, has seen its student-to-teacher ratio improve from 23:1 in 2014 to around 21:1 in 2023, though it's still higher than the national average of 14:1. This trend could indicate a community dedicated to lowering class sizes and improving educational quality. Real estate professionals might see this as a positive factor that could potentially boost property values and attract families focused on... Read more
Student-to-teacher ratio in Imperial County, California over the last 9 years
Over the last nine years, the student-to-teacher ratio in Imperial County, California, has exhibited a gradual decline, moving from a high of 23 students per teacher in 2014 to around 21 students in 2023. While still higher than the national average of 14 students per teacher, this trend may suggest improvements in education resource allocation and a potential rise in teaching quality. For those considering investing in property, relocating, or evaluating the area's educational services, this gradual improvement might indicate a community committed to lowering class sizes and enhancing educational outcomes. Real estate agents, appraisers, and insurance agents might view lower student-to-teacher ratios as a positive factor, potentially boosting property values and making the area more attractive to families prioritizing education.
