San Joaquin County Real Estate and Livability Trends
San Joaquin County, California has experienced robust economic growth, reflected in the substantial rise in average taxable income, now hitting $75,711.68 in 2021 from $51,055.29 in 2013. This prosperity comes with higher state and local income taxes, more than doubling to $14,076.90 in 2021. Meanwhile, the county's real estate market has boomed, with median home values jumping from $223,000 in... Read more
San Joaquin County Market Trends
San Joaquin County, California's median home values have surged from $223,000 in 2015 to $462,000 in 2022, outpacing the national median. The significant increase in residential energy tax credits, peaking at $4,881.00 in 2018, indicates a growing focus on energy efficiency, appealing to eco-conscious investors. Real estate taxes have also risen sharply, reflecting property value appreciation or... Read more
Median Value of Occupied Housing Units in San Joaquin County, California Over the Last 8 Years
The median home values in San Joaquin County, California have shown a significant upward trend over the last eight years, climbing from $223,000 in 2015 to $462,000 in 2022. This rise far outpaces the national median, which increased from $125,500 to $179,400 during the same timeframe. While California as a whole also saw a substantial increase, from $385,500 to $659,300, San Joaquin County's growth rate offers a more affordable yet appreciating market compared to the state average, making it an attractive option for investors and new residents seeking value in the California housing sector.
Residential Energy Tax Credit Per Tax Return in San Joaquin County, CA Over the Last 9 Years
San Joaquin County, California, has seen a notable increase in the average residential energy tax credit per tax return over the past nine years. Starting at $1,323.88 in 2013, the credit peaked at $4,881.00 in 2018 before experiencing slight declines and fluctuations in the subsequent years, with a value of $3,793.17 in 2021. This upward trend underscores a growing emphasis on energy efficiency and related investments, making it a compelling area for energy-conscious property developers and investors. Such incentives are crucial for those looking to capitalize on sustainable living benefits in a dynamic market.
Average Real Estate Taxes Per Tax Return in San Joaquin County, CA Over the Last 10 Years
Over the past decade, real estate taxes per tax return in San Joaquin County, California have shown a marked upward trajectory, growing from $3,086.46 in 2012 to $5,927.58 in 2021. This significant increase, particularly sharp after 2017, suggests considerable property value appreciation or changes in tax policies, signaling a potentially lucrative yet possibly expensive market for prospective investors and homeowners.
Percentage of Farm Returns in San Joaquin County, CA Over the Last 10 Years
San Joaquin County, California has seen a steady decline in the percentage of farm tax returns over the last decade, dropping from about 1.03% in 2012 to roughly 0.76% in 2021. Farm tax returns essentially act as indicators of agricultural economic health, reflecting the volume of farming activity and profitability. This trend may imply reduced farming profitability or shifts in land use, impacting decisions for investors, prospective residents, and developers interested in the region. Changes in agricultural economic performance could also influence local policy and resource allocation.
Number of Mortgages by Occupancy Type in San Joaquin County, CA Over the Last 5 Years in San Joaquin County
In recent years within San Joaquin County, California, there has been a notable fluctuation in the number of mortgages across different occupancy types. Mortgages for principal residences show a general upward trend, reflecting sustained interest in primary homes. Interestingly, mortgages for investment properties spiked significantly in 2021, hitting 6,352, likely driven by a combination of favorable interest rates and investment opportunities. Second residences remain relatively minimal, which might indicate limited demand for vacation homes in this area. This nuanced perspective is crucial for investors, developers, and real estate professionals; understanding these trends helps in strategic planning, risk assessment, and leveraging market opportunities effectively.
Economic Outlook
San Joaquin County, California, has seen a noteworthy increase in average taxable income per tax return, growing from approximately $51,055.29 in 2013 to $75,711.68 in 2021. This economic growth is mirrored by a significant rise in average state and local income taxes, which have more than doubled over the last decade, reaching $14,076.90 in 2021. Total tax liability per tax return has also increased dramatically, indicating potentially higher incomes and increased economic activity.... Read more
Average Taxable Income per Tax Return in San Joaquin County, CA over the last 9 years
San Joaquin County, CA has experienced a consistent increase in average taxable income per tax return over the past nine years, jumping from approximately $51,055.29 in 2013 to $75,711.68 in 2021. This steady upward trend is indicative of economic growth and potentially increased prosperity in the region. Such income growth trends are particularly attractive for investors, property developers, and individuals considering relocation, as they suggest a robust and expanding local economy.
Average State and Local Income Taxes Per Tax Return in San Joaquin County, CA Over the Last 10 Years
Over the last decade, residents in San Joaquin County, CA have seen a significant increase in average state and local income taxes per tax return, climbing from $6,910.96 in 2012 to $14,076.90 in 2021. This surge underscores a broader trend of rising tax burdens, with a particularly marked jump between 2017 and 2018. For those considering a move or already living in the area, these figures suggest a growing financial commitment to state and local taxes.
Average Total Tax Liability Per Tax Return in San Joaquin County, CA Over the Last 10 Years
San Joaquin County, California has seen a notable increase in the average total tax liability per tax return over the past decade, starting at $8,211.06 in 2012 and jumping dramatically to $11,632.95 by 2021. This upward trend, marked by a particularly sharp rise in recent years, suggests growing economic activity and potentially higher incomes in the area. For investors, homeowners, or potential residents, this could indicate a robust and developing local economy, although the increasing tax burden is also something to consider.
Cost of Living in San Joaquin County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,150 | $1,576 | $1,974 | $2,099 | $2,041 |
| 1 adult 4 children | $2,150 | $1,287 | $1,524 | $2,099 | $2,263 |
| 2 adults 3 children | $2,150 | $1,288 | $1,706 | $2,099 | $1,752 |
| 1 adult 3 children | $2,150 | $1,051 | $1,256 | $2,099 | $1,994 |
| 2 adults 2 children | $1,513 | $1,054 | $1,437 | $1,832 | $1,206 |
| 1 adult 2 children | $1,513 | $787 | $987 | $1,832 | $1,319 |
| 2 adults 1 child | $1,513 | $833 | $1,169 | $963 | $961 |
| 1 adult 1 child | $1,513 | $538 | $719 | $963 | $854 |
| 2 adults | $1,158 | $669 | $901 | $0 | $683 |
| 1 adult | $1,040 | $365 | $450 | $0 | $627 |
Safety trends & Data
San Joaquin County, California, has seen significant shifts in property crime trends over the past five years. Arson incidents spiked from 2018 ($35.00) to 2019 ($51.00) but then dropped by 2021 ($15.00). Burglary decreased sharply from 2018 ($688.00) to 2021 ($119.00) before rising to $374.00 in 2022. Larceny-theft also declined from $594.00 in 2018 to $182.00 in 2021, only to increase to $394.00 in 2022. Motor vehicle theft rose in 2022 ($317.00) compared to prior years, while vandalism has... Read more
Property Crime Trends in San Joaquin County, CA Over the Last 5 Years
San Joaquin County, California, has experienced notable fluctuations in property crimes over the past five years. While arson incidents doubled from 2018 (35.00) to 2019 (51.00), they significantly dropped by 2021 (15.00). Burglary witnessed a steep decline from 2018 (688.00) to 2021 (119.00), before slightly rising to 374.00 in 2022. Larceny-theft has also seen a downward trend from 594.00 in 2018 to 182.00 in 2021, but spiked back to 394.00 in 2022. Motor vehicle theft demonstrated a rise in 2022 (317.00) compared to the previous years. Vandalism incidents have been relatively stable, peaking at 420.00 in 2020 and settling at 382.00 in 2022. For those looking to invest or build property, understanding these dynamics is crucial; areas with decreasing property crime might suggest improving safety, whereas rising theft could impact insurance premiums and valuations.
Demographics
Race Distribution in San Joaquin County, California (2022)
Educational Attainment in San Joaquin County, California (2022)
Age Distribution in San Joaquin County, California
Citizen Population in San Joaquin County, California (2022)
Political Trends & Data
San Joaquin County, California, seemed to lean Democratic in the 2020 U.S. Presidential Election with nearly 55.85% of the vote likely going to Democrats, compared to approximately 41.98% for Republicans. The smaller parties, including Libertarians and Greens, only amassed just over 2%, indicating a marginal impact. This voting pattern offers a snapshot of the county's political landscape, showing a solid Democratic preference but with a notable Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In San Joaquin County, California, the trends from the 2020 U.S. Presidential Election suggest that Democrats likely held a significant lead with approximately 55.85% of the vote. Republicans might have garnered around 41.98%, signaling a substantial presence but still trailing behind. Smaller parties, including the Libertarians and Greens, as well as other minor groups, could have collectively obtained just a little over 2% of the vote. This distribution hints at San Joaquin's leaning tendencies while highlighting the modest impact of third-party candidates.
41.98% of voters voted for the Republican party in the 2020 Presidential Election
55.85% of voters voted for the Democrat party in the 2020 Presidential Election
1.02% of voters voted for the Livertarian party in the 2020 Presidential Election
0.37% of voters voted for the Green party in the 2020 Presidential Election
0.78% of voters voted for the Other party in the 2020 Presidential Election
School Data
San Joaquin County, California has seen its student-to-teacher ratio peak at nearly 30 in 2015 but has recently stabilized to around 22, still above the national average of 14. This trend may hint at improving educational resources or staffing, which could eventually lead to better educational outcomes. For potential property investors or movers, this might influence long-term property values positively. Appraisers and insurance agents might also take note, as areas with strong educational... Read more
Student-to-teacher ratio in San Joaquin County, California over the last 9 years
San Joaquin County, California has shown significant fluctuations in its student-to-teacher ratio over the past nine years, with a peak in 2015 at nearly 30 students per teacher, but recent years have averaged closer to 22. While still above the national average of 14 students per teacher, the declining trend could suggest improvements in educational resources or efforts to hire more staff. For those investing in property or considering moving to the county, a lower student-to-teacher ratio might imply better educational outcomes, impacting long-term property values. Appraisers and insurance agents could also consider these trends when assessing the region, as good schools often correlate with higher property values and lower insurance risks.
