Sacramento County Real Estate and Livability Trends
Sacramento County's real estate market shows promise with median home values nearly doubling from $248,400 in 2015 to $465,900 in 2022, well above the national median. Rising average taxable incomes and decreased poverty rates hint at economic growth, likely boosting property values. However, doubled state and local income taxes may temper affordability and investment appeal. Solar tax credits... Read more
Sacramento County Market Trends
Median home values in Sacramento County, California have surged from $248,400 in 2015 to $465,900 in 2022. Despite being below the state median of $659,300, they're well above the national median of $179,400. Residential solar tax credits have also soared, reaching $3,634.03 in 2018, reflecting growing green energy adoption. Real estate taxes per tax return increased from $3,168.52 in 2012 to... Read more
Median Value of Occupied Housing Units in Sacramento County, California Over the Last 8 Years
Median home values in Sacramento County, California have surged from $248,400 in 2015 to $465,900 in 2022, marking a robust growth trajectory for the region. While these figures portray a healthy local market, they remain below the state’s heftier median of $659,300 for 2022 but above the national median of $179,400. This trend could attract investors looking for a profitable yet less saturated alternative to statewide averages and provide potential homebuyers more competitive options compared to other regions in California.
Residential Energy Tax Credit Per Tax Return in Sacramento County, CA Over the Last 9 Years
Investment in residential solar and other energy-efficient upgrades in Sacramento County, California has seen significant growth. From an average tax credit of $614.56 per tax return in 2013, it soared to $3,634.03 by 2018. Even with some fluctuations, the trend highlights increasing adoption of green energy solutions, reflecting opportunities for businesses and homeowners to capitalize on state and federal incentives.
Average Real Estate Taxes Per Tax Return in Sacramento County, CA Over the Last 10 Years
Over the past decade, Sacramento County, California has seen a noticeable upward trend in real estate taxes per tax return, climbing from $3,168.52 in 2012 to $5,832.10 in 2021. This steady increase could potentially impact property investments and living costs, suggesting a growing area that may reflect increased property values or shifts in tax policies. For potential investors or those considering a move, these rising taxes hint at both prosperity and increased fiscal responsibility, shaping the financial landscape of the county.
Percentage of Farm Returns in Sacramento County, CA Over the Last 10 Years
Sacramento County, California has shown some variations in farm tax returns over the past decade, although the general trend appears to be somewhat downward. In 2012, farm returns were around 0.23%, subtly decreasing to approximately 0.17% by 2021. Farm tax returns essentially reflect the number of tax returns filed that report income from farming activities. These figures might indicate shifting economic dynamics within the county's agricultural sector, useful for investors and property developers who are evaluating the local market landscape. For those interested in relocating or already living in Sacramento County, understanding these trends could provide some insight into the agricultural community’s health and its potential future directions.
Number of Mortgages by Occupancy Type in Sacramento County, CA Over the Last 5 Years in Sacramento County
Over the past five years, Sacramento County, California has experienced varying trends in mortgage counts across occupancy types, illustrating shifts in real estate dynamics. The demand for principal residences consistently dominates, peaking at nearly 150,000 in 2020, which likely aligns with a broader work-from-home movement. Investment property mortgages increased significantly to over 13,000 by 2021, indicating a potential rise in rental market activities, yet dipped again in 2022. Second residence mortgages remained relatively low throughout, suggesting a modest interest in vacation homes. These trends may influence investment decisions, housing market forecasts, and insurance considerations by highlighting shifting preferences and economic pressures within the county.
Economic Outlook
Sacramento County's real estate market appears increasingly promising, thanks to a significant rise in average taxable income, now at $81,536.00 in 2021, from $55,788.08 in 2013—a clear indicator of growing economic health. Coupled with a reduction in the percentage of the population living under the poverty line, now at 11.2%, the area shows potential for property value appreciation. However, a near doubling of state and local income taxes, from $7,079.65 in 2012 to $14,319.14 in 2021, might... Read more
Average Taxable Income per Tax Return in Sacramento County, CA over the last 9 years
Sacramento County has seen a steady increase in average taxable income per tax return over the past decade, culminating in a significant jump to $81,536.00 in 2021. This upward trend, from $55,788.08 in 2013, suggests a growing economic prosperity in the area, making it an attractive destination for investors and developers. For those looking to move or invest in Sacramento County, the rising income levels indicate a robust economic environment and potential for future property value appreciation.
Average State and Local Income Taxes Per Tax Return in Sacramento County, CA Over the Last 10 Years
Over the last decade, Sacramento County, CA has experienced a steady increase in average state and local income taxes per tax return, rising from $7,079.65 in 2012 to $14,319.14 in 2021. This nearly doubling of tax liabilities highlights significant economic shifts and cost-of-living changes, which potential movers and current residents should consider when evaluating the financial landscape of the area.
Average Total Tax Liability Per Tax Return in Sacramento County, CA Over the Last 10 Years
Over the past decade, Sacramento County, California has seen a steady rise in the average total tax liability per tax return, starting at $8,628.18 in 2012 and increasing to $12,934.62 in 2021. This consistent growth in tax liability indicates an expanding economic base and increasing incomes, factors which could appeal to prospective investors and new residents seeking robust job markets and property growth.
Cost of Living in Sacramento County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,434 | $1,580 | $2,162 | $2,213 | $2,324 |
| 1 adult 4 children | $2,434 | $1,291 | $1,669 | $2,213 | $2,458 |
| 2 adults 3 children | $2,434 | $1,291 | $1,868 | $2,213 | $2,045 |
| 1 adult 3 children | $2,434 | $1,054 | $1,375 | $2,213 | $2,245 |
| 2 adults 2 children | $1,712 | $1,057 | $1,574 | $1,934 | $1,376 |
| 1 adult 2 children | $1,712 | $789 | $1,081 | $1,934 | $1,507 |
| 2 adults 1 child | $1,712 | $835 | $1,280 | $1,027 | $1,056 |
| 1 adult 1 child | $1,712 | $540 | $787 | $1,027 | $993 |
| 2 adults | $1,365 | $671 | $986 | $0 | $762 |
| 1 adult | $1,245 | $366 | $493 | $0 | $684 |
Safety trends & Data
Sacramento County, California, presents a mixed bag of property crime trends over the past five years. While arson incidents have doubled from 67 in 2018 to 136 in 2022, burglary and motor vehicle thefts have more than halved, with burglary down to 659 from 1,095 and vehicle thefts reduced to 435 from 797. The anomaly of heightened crime rates in 2021 may need further scrutiny. These fluctuations could potentially impact property valuations, insurance premiums, and real estate investment... Read more
Property Crime Trends in Sacramento County, CA Over the Last 5 Years
Sacramento County, California, has experienced fluctuating property crime rates over the past five years. Arson and vandalism have seen notable increases, with arson rising from 67 in 2018 to 136 in 2022. Conversely, burglary and motor vehicle thefts have generally decreased, with burglary dropping from 1,095 in 2018 to 659 in 2022, and motor vehicle thefts declining from 797 in 2018 to 435 in 2022. However, the spike in crime in 2021 is a major anomaly requiring further examination. These trends may influence property valuations, insurance rates, and investment decisions in the area.
Demographics
Sacramento County, California, has a fairly balanced adult population, slightly leaning towards females. Educationally, there's a diverse spread, with many having attended some college but not necessarily completing a degree. Age-wise, a significant number of residents are in their prime working years, especially between 25 to 34. The racial diversity is quite marked, with a predominant White population but also significant Asian and Black or African American communities. These demographic... Read more
Race Distribution in Sacramento County, California (2022)
Educational Attainment in Sacramento County, California (2022)
Age Distribution in Sacramento County, California
Citizen Population in Sacramento County, California (2022)
Political Trends & Data
In Sacramento County, California, the 2020 U.S. Presidential Election saw a significant lean towards the Democratic party, possibly capturing around 61.4% of the vote, indicating a strong urban Democratic alignment. Republicans might have secured approximately 36.1%, with minor parties, including the Libertarians and Greens, possibly receiving about 1.4% and 0.5% respectively. This trend can offer insights into the broader partisan landscape and urban political inclinations in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Sacramento County in California leaned strongly toward the Democratic party in the 2020 U.S. Presidential Election, with Democrats potentially garnering around 61.4% of the vote. Republicans appeared to secure approximately 36.1%, while smaller parties like the Libertarian and Green parties were largely negligible, with the former likely receiving around 1.4% and the latter about 0.5%. Voters categorized under "Other" also made up a small fraction, possibly around 0.7%. These numbers might reflect broader urban trends in statewide voting behavior and could provide insights into partisan alignment within the county.
36.11% of voters voted for the Republican party in the 2020 Presidential Election
61.36% of voters voted for the Democrat party in the 2020 Presidential Election
1.36% of voters voted for the Livertarian party in the 2020 Presidential Election
0.45% of voters voted for the Green party in the 2020 Presidential Election
0.72% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Sacramento County, California, has generally decreased over the past nine years, from around 23 to roughly 22 students per teacher. Although improving, this ratio remains above the national average of 14, potentially indicating larger class sizes and increased pressure on educational resources. For real estate investors, families considering relocation, and property developers, this metric is essential as it could affect local education quality and subsequently... Read more
Student-to-teacher ratio in Sacramento County, California over the last 9 years
Over the last nine years, the student-to-teacher ratio in Sacramento County, California has generally trended downward, starting at around 23 students per teacher in 2014 and falling to approximately 22 in recent years. This is still higher than the national average of 14 students per teacher, which could indicate larger class sizes and potentially more strain on educational resources in the area. For those looking to invest in real estate, relocate, or develop properties in Sacramento County, understanding the student-to-teacher ratio is crucial; it could impact local education quality and hence the attractiveness of the area for families. Real estate agents and appraisers might find that these metrics influence property values, while insurance agents could also see a correlation with community growth and development patterns.
