Ventura County Real Estate and Livability Trends
Ventura County, California, has seen a notable increase in median home values, jumping from $458,100 in 2015 to $719,100 in 2022, indicating robust market demand and possibly reflecting broader economic resilience. The rise in residential energy tax credits, from $1,203.71 in 2013 to $5,155.98 in 2018, hints at a growing emphasis on sustainability among homeowners. While average real estate taxes... Read more
Ventura County Market Trends
Ventura County's median home values have surged from $458,100 in 2015 to $719,100 in 2022, outpacing both California and national growth rates. The significant rise in residential energy tax credits from $1,203.71 in 2013 to $5,155.98 in 2018 highlights a community trend toward sustainability. Average real estate taxes increased from $4,717.39 in 2012 to $7,993.31 in 2021, suggesting escalating... Read more
Median Value of Occupied Housing Units in Ventura County, California Over the Last 8 Years
Ventura County has seen a significant rise in median home values, climbing from $458,100 in 2015 to $719,100 in 2022, which translates to a $261,000 increase over eight years. This steep climb outpaces both the state of California and national trends, with state values rising from $385,500 to $659,300 and national values increasing from $125,500 to $179,400 over the same period. This could indicate a particularly strong demand or limited supply in Ventura County, potentially making it a lucrative market for investors or homebuyers looking for long-term appreciation.
Residential Energy Tax Credit Per Tax Return in Ventura County, CA Over the Last 9 Years
Ventura County, California has seen a notable increase in the average residential energy tax credit per tax return over the last nine years. Rising from $1,203.71 in 2013 to a peak of $5,155.98 in 2018, this indicates a growing trend in energy-efficient investments among residents. For those looking to invest or move to the area, this upward trend in energy credits could signal a community that is progressively focusing on sustainability and energy efficiency, making it an attractive location for environmentally conscious investments or new developments.
Average Real Estate Taxes Per Tax Return in Ventura County, CA Over the Last 10 Years
Ventura County, California has seen a steady rise in average real estate taxes over the last decade, with values increasing from $4,717.39 in 2012 to $7,563.52 by 2020, and reaching $7,993.31 in 2021. This upward trajectory may indicate rising property values and increased demand, potentially making the area attractive for real estate investors despite the higher tax burden. Prospective homeowners and real estate developers should consider these trends when evaluating the long-term financial implications of owning property in this region.
Percentage of Farm Returns in Ventura County, CA Over the Last 10 Years
Ventura County, California has seen a gradual decrease in the percentage of farm tax returns over the last decade, dropping from approximately 0.39% in 2012 to around 0.29% by 2021. This trend can indicate shifting economic conditions and land use practices, likely reflecting an evolving agricultural landscape. Investors and residents considering the area might find these trends important as they suggest a potential decline in farming activities, impacting property values, local economy, and availability of farmland. Understanding these dynamics can help in making informed decisions regarding investments and developments in the region.
Number of Mortgages by Occupancy Type in Ventura County, CA Over the Last 5 Years in Ventura County
The past five years in Ventura County, California show fluctuating but generally high numbers of mortgages for principal residences, peaking in 2020, possibly reflecting the pandemic's impact on housing stability. Mortgages for investment properties and second residences also rose, albeit less dramatically, suggesting diverse interests in the real estate market. These shifts in occupancy types can reveal trends in housing demands and investment strategies, guiding potential investors, appraisers, real estate agents, and insurance agents in making data-driven decisions. Moreover, understanding these shifts might help in planning new developments and optimizing marketing strategies.
Economic Outlook
Ventura County, California, has seen a steady rise in the average taxable income, jumping from $70,117.36 in 2013 to $108,141.07 in 2021, suggesting a prosperous economic environment. However, this prosperity is accompanied by increased state and local income taxes, rising from approximately $10,828.74 in 2012 to $24,805.12 in 2021. Additionally, the average total tax liability per tax return has grown from $13,391.11 in 2012 to $20,367.31 in 2021, reflecting both rising incomes and... Read more
Average Taxable Income per Tax Return in Ventura County, CA over the last 9 years
Over the last nine years, Ventura County, CA has seen a steady rise in average taxable income per tax return, jumping from $70,117.36 in 2013 to an impressive $108,141.07 in 2021. This upward trajectory highlights a prosperous economic environment, making it an attractive destination for investors, potential residents, and developers. The significant spike in 2021 indicates a particularly strong fiscal year, further emphasizing the county's robust economic growth.
Average State and Local Income Taxes Per Tax Return in Ventura County, CA Over the Last 10 Years
Over the past decade, Ventura County has seen a significant increase in average state and local income taxes per tax return, rising from approximately $10,828.74 in 2012 to $24,805.12 in 2021. This upward trend highlights the escalating tax burden on residents, which may influence both financial planning and the overall cost of living for those considering a move to or already residing in the area. The sharp increase around 2018 to 2021 is particularly noteworthy, indicating potential shifts in local economic policies or income growth factors impacting taxpayers.
Average Total Tax Liability Per Tax Return in Ventura County, CA Over the Last 10 Years
Over the last decade, Ventura County, California, has experienced a noticeable increase in average total tax liability per tax return, swelling from $13,391.11 in 2012 to $20,367.31 in 2021. This upward trend underscores a growing tax burden which could reflect both inflationary pressures and rising incomes. For investors and potential residents, understanding this escalation is key to anticipating future financial obligations and assessing the area's fiscal environment.
Cost of Living in Ventura County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $3,368 | $1,621 | $2,151 | $2,599 | $3,173 |
1 adult 4 children | $3,368 | $1,324 | $1,660 | $2,599 | $3,297 |
2 adults 3 children | $3,368 | $1,324 | $1,859 | $2,599 | $2,891 |
1 adult 3 children | $3,368 | $1,081 | $1,368 | $2,599 | $2,964 |
2 adults 2 children | $2,425 | $1,084 | $1,566 | $2,257 | $2,075 |
1 adult 2 children | $2,425 | $810 | $1,075 | $2,257 | $2,247 |
2 adults 1 child | $2,425 | $857 | $1,274 | $1,146 | $1,568 |
1 adult 1 child | $2,425 | $553 | $783 | $1,146 | $1,597 |
2 adults | $2,001 | $688 | $981 | $0 | $1,027 |
1 adult | $1,703 | $375 | $491 | $0 | $1,010 |
Safety trends & Data
Ventura County, California has seen varied property crime trends over the past five years, with larceny-theft peaking at 1,210.00 cases in 2019 before declining. Burglary and vandalism followed similar patterns, dropping notably in 2021, likely due to external factors like the COVID-19 pandemic. Motor vehicle thefts stayed between 293.00 and 405.00, while embezzlement remained negligible. The dip in 2021 crime rates may be an anomaly rather than a lasting trend, which investors and residents... Read more
Property Crime Trends in Ventura County, CA Over the Last 5 Years
Ventura County, California has seen fluctuating property crime trends over the past five years. Larceny-theft remains the highest reported crime, peaking at 1,210.00 in 2019 before declining in subsequent years. Burglary and vandalism follow a similar trend, though notable decreases were observed in 2021, with figures dropping significantly across all crime categories—likely due to external factors such as the COVID-19 pandemic. While motor vehicle thefts hovered around 293.00 to 405.00 over the period, embezzlement remained negligible. The significant dip in 2021 arrests could suggest temporary anomaly rather than long-term change, making it important for investors and residents to consider these variations when evaluating the area’s safety landscape.
Demographics
In Ventura County, California, the adult population is almost evenly split between males and females. Educational attainment highlights a robust proportion of residents with some college or a bachelor’s degree, suggesting a relatively educated populace. The age distribution points to a balanced mix of young and mature groups, with notable segments in the 25 to 34 and 55 to 64 age ranges. Racially, the majority of the population is White, but there is a diverse mix, including significant... Read more
Race Distribution in Ventura County, California (2022)
Educational Attainment in Ventura County, California (2022)
Age Distribution in Ventura County, California
Citizen Population in Ventura County, California (2022)
Political Trends & Data
Ventura County, California displayed a clear preference for Democratic candidates in the 2020 U.S. Presidential Election, securing about 59% of the vote, with Republicans capturing around 38%. The minimal influence of minor parties, like Libertarians and Greens, suggests a predominantly two-party dynamic, possibly mirroring California's overall political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Ventura County, California shows a notable lean towards Democratic candidates in the 2020 U.S. Presidential Election, with approximately 59% of the vote. Republicans, while not as dominant, still capture around 38%. Minor parties, including Libertarians and Greens, collectively hold a small fraction, indicating a potentially stable two-party system with limited third-party influence. This trend might reflect broader statewide voting behaviors, given California's general political landscape.
38.36% of voters voted for the Republican party in the 2020 Presidential Election
59.45% of voters voted for the Democrat party in the 2020 Presidential Election
1.20% of voters voted for the Livertarian party in the 2020 Presidential Election
0.42% of voters voted for the Green party in the 2020 Presidential Election
0.57% of voters voted for the Other party in the 2020 Presidential Election
School Data
Ventura County, California has experienced a gradual decline in its student-to-teacher ratio over the past nine years, dropping from about 26 students per teacher in 2014 to around 22 in 2023. Though this remains above the national average of 14 students per teacher, the trend of smaller class sizes might attract families seeking more personalized education for their children. This shift could positively influence the local real estate market by making the area more appealing to families who... Read more
Student-to-teacher ratio in Ventura County, California over the last 9 years
Over the past nine years, Ventura County, California has seen a gradual decline in its student-to-teacher ratio, from roughly 26 students per teacher in 2014 to about 22 students per teacher in 2023. This trend could be attractive for families considering relocation, as smaller class sizes often imply more personalized attention for students. Compared to the national average of 14 students per teacher, Ventura County still has relatively larger class sizes, which may be a point of consideration for prospective residents and educational investors. Reduced ratios might also impact local real estate markets positively by enhancing the area's appeal to families prioritizing education.