Madera County Real Estate and Livability Trends
Madera County, California, has shown robust economic growth, with average taxable incomes rising from $43,066.25 in 2013 to $61,379.70 in 2021, although increasing state and local taxes could pose challenges for residents. The real estate market indicates significant appreciation, with median home values nearly doubling from $189,700 in 2015 to $340,300 in 2022, suggesting strong regional growth.... Read more
Madera County Market Trends
Madera County's median home values have climbed from $189,700 in 2015 to $340,300 in 2022, signaling strong regional growth and potential undervaluation compared to California's $659,300 average. The county also saw a spike in residential energy tax credits, peaking at $4,862.77 in 2018, suggesting a move towards energy-efficient homes. Meanwhile, real estate taxes have nearly doubled from... Read more
Median Value of Occupied Housing Units in Madera County, California Over the Last 8 Years
Madera County's median home values have shown a consistent upward trend over the past eight years, jumping from $189,700 in 2015 to $340,300 in 2022. Though still lower than California's state figure of $659,300 in 2022, Madera's growth rate suggests strong regional appeal and a potentially undervalued market compared to the state's average. For context, Madera's 2022 median value is nearly double the national figure of $179,400, indicating a robust local demand. Investors, builders, and potential homeowners might find this steady appreciation particularly compelling.
Residential Energy Tax Credit Per Tax Return in Madera County, CA Over the Last 9 Years
Madera County has seen a notable rise in the average residential energy tax credit per tax return over the past nine years, peaking significantly in 2018 at $4,862.77. This five-fold increase from $1,635.71 in 2013 highlights growing incentives for energy-efficient upgrades in the area. Although there was a dip in 2019 to $3,772.11, the trend indicates a strong governmental push towards sustainable energy investments that can be highly beneficial for homeowners and investors focusing on green properties.
Average Real Estate Taxes Per Tax Return in Madera County, CA Over the Last 10 Years
Madera County, California, has seen a steady increase in real estate taxes per tax return over the past decade. Starting at $2,321.54 in 2012, the average tax amount has gradually risen, reaching $4,314.32 in 2021. Notable jumps, like the $701.20 spike between 2017 and 2018, signal key shifts that may correlate with development and increasing property values. For those considering investment or relocation, this upward trend suggests potential appreciating property values and evolving tax landscapes.
Percentage of Farm Returns in Madera County, CA Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Madera County, California, has generally been on a downward trajectory. Starting at around 1.66% in 2012, this figure has gradually dipped to approximately 1.12% by 2021. Farm tax returns, representing the filings from agricultural operations, are a barometer for the vitality of the local farming economy. This decline may suggest waning agricultural activity, which is pivotal for potential investors, builders, or those considering a move to the area, as it can influence property values, local economy health, and available services supporting rural lifestyles.
Number of Mortgages by Occupancy Type in Madera County, CA Over the Last 5 Years in Madera County
Mortgages for principal residences in Madera County, California have seen significant fluctuations over the last five years, peaking in 2021 at 11,607 before dipping to 6,748 in 2022. Investment property mortgages also peaked in 2021 at 812 but have tapered off since, while second residences saw a minor peak in the same year. Changes in occupancy type can signal shifts in the local real estate market dynamics, impacting property values and demand. This data could indicate economic cycles, affecting decisions for investors and those contemplating moving. For appraisers and insurance agents, shifts in the number of mortgages might reflect broader trends in risk assessment and property evaluation.
Economic Outlook
Madera County, CA has seen average taxable incomes per tax return rise from $43,066.25 in 2013 to $61,379.70 in 2021, pointing toward a healthy local economy. Meanwhile, state and local income taxes have climbed, notably jumping from $8,304.60 to $10,445.14 between 2017 and 2018, which could be a financial strain on local households. The county also experienced a steady increase in total tax liability, from $7,260.44 in 2012 to $8,595.13 by 2021, indicating rising incomes and an appealing... Read more
Average Taxable Income per Tax Return in Madera County, CA over the last 9 years
Madera County, CA has experienced a significant upward trend in average taxable income per tax return over the past nine years, jumping from $43,066.25 in 2013 to $61,379.70 in 2021. Despite a slight dip in 2020, this steady growth signals a robust local economy, making it an attractive area for investments, property development, and new residents. This economic buoyancy is particularly noteworthy for those seeking long-term stability and growth potential.
Average State and Local Income Taxes Per Tax Return in Madera County, CA Over the Last 10 Years
Over the past decade, Madera County, CA, has seen a significant increase in average state and local income taxes per tax return, rising from $6,368.62 in 2012 to $12,620.33 in 2021. The most notable jump occurred between 2017 and 2018, where the average spiked from $8,304.60 to $10,445.14, suggesting increased fiscal pressures on residents in recent years. This trend highlights growing financial demands on households, which prospective residents should consider when planning their budgets and long-term financial strategies.
Average Total Tax Liability Per Tax Return in Madera County, CA Over the Last 10 Years
Over the past decade, Madera County, California has seen a general upward trend in the average total tax liability per tax return. Starting at $7,260.44 in 2012, it increased to $8,595.13 by 2021, with notable peaks such as $8,598.09 in 2015 and a dip to $7,828.53 in 2018. This steady rise in tax liability could signal economic growth and increasing incomes, making it an attractive location for prospective investors and those looking to capitalize on the expanding local economy.
Cost of Living in Madera County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,784 | $1,697 | $1,683 | $1,999 | $1,784 |
| 1 adult 4 children | $1,784 | $1,386 | $1,299 | $1,999 | $2,027 |
| 2 adults 3 children | $1,784 | $1,386 | $1,454 | $1,999 | $1,498 |
| 1 adult 3 children | $1,784 | $1,132 | $1,070 | $1,999 | $1,742 |
| 2 adults 2 children | $1,258 | $1,135 | $1,226 | $1,723 | $1,044 |
| 1 adult 2 children | $1,258 | $848 | $842 | $1,723 | $1,079 |
| 2 adults 1 child | $1,258 | $897 | $997 | $824 | $820 |
| 1 adult 1 child | $1,258 | $579 | $613 | $824 | $712 |
| 2 adults | $973 | $721 | $768 | $0 | $637 |
| 1 adult | $967 | $393 | $384 | $0 | $623 |
Safety trends & Data
Madera County, California, has experienced see-sawing property crime rates over the past five years, with burglary incidents dropping from 105 in 2019 to just 44 in 2022. Larceny-theft followed an up-and-down pattern, hitting a low of 60 in 2021 before climbing to 86 in 2022. Vandalism incidents spiked to 81 in 2022, while arson rates jumped from 3 in 2018 to 17 in 2022. These trends suggest targeted crime prevention strategies may be crucial for potential investors and property developers... Read more
Property Crime Trends in Madera County, CA Over the Last 5 Years
Madera County, California, has exhibited fluctuating property crime rates over the past five years. While burglary incidents peaked in 2019 with 105 incidents, they consecutively decreased to 44 by 2022. Larceny-theft, another prevalent crime, saw a decline from 125 in 2019 to a low of 60 in 2021, then increased to 86 in 2022. Vandalism cases also saw notable variability, reaching a high of 81 in 2022. Arson and motor vehicle theft generally presented lower figures but with rising arson rates from 3 in 2018 to 17 in 2022. Such trends suggest a need for targeted crime prevention strategies, particularly for potential investors and property developers.
Demographics
Madera County, California exhibits an intriguing demographic profile, with a slight female majority and a diverse age distribution heavily skewed towards adults aged 25 to 34. The educational attainment shows a significant number of residents have some college experience but no degree, illustrating potential untapped intellectual capital in the region. Racially, the county is predominantly White with a substantial portion identifying as "Some other race," hinting at rich cultural... Read more
Race Distribution in Madera County, California (2022)
Educational Attainment in Madera County, California (2022)
Age Distribution in Madera County, California
Citizen Population in Madera County, California (2022)
Political Trends & Data
In Madera County, California, the 2020 U.S. Presidential Election results showed a slight Republican edge with around 55% of the vote, while Democrats captured roughly 43%. Minor parties like the Libertarian and Green collectively garnered just over 1% of the votes, indicating a minimal impact. This suggests a polarized political landscape with a significant, but not overwhelming, Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Madera County, California, the 2020 U.S. Presidential Election results indicate a potential leaning towards the Republican party, capturing around 55% of the vote. Democrats secured roughly 43%, which might suggest a significant, though not overwhelming, opposition. Minor parties like the Libertarian and Green seemed to have a minimal impact, collectively garnering just over 1% of the votes. These trends could highlight a polarized political landscape with a slight Republican edge.
54.68% of voters voted for the Republican party in the 2020 Presidential Election
43.12% of voters voted for the Democrat party in the 2020 Presidential Election
1.16% 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
0.65% of voters voted for the Other party in the 2020 Presidential Election
School Data
Madera County, California's student-to-teacher ratio has fluctuated between 18 and 20 over the past nine years, consistently exceeding the national average of 14. This could impact family relocation decisions and real estate investments, as larger class sizes may influence perceptions of educational quality. Real estate agents and developers might leverage this trend when marketing properties, while insurance agents and appraisers might factor it into property... Read more
Student-to-teacher ratio in Madera County, California over the last 9 years
Madera County, California has experienced a fluctuating student-to-teacher ratio over the past nine years, with values ranging from a high of 20 in 2019 to a low of 18 in 2015. This variation, consistently above the national average of 14 students per teacher, might influence decisions for those considering relocating families, real estate investments, or educational services in the area. Real estate agents and developers could find this trend useful when positioning properties to prospective buyers, while insurance agents and appraisers might consider this data when evaluating properties. The typically higher ratio suggests potentially larger class sizes, which could affect the perceived quality of education.
