Yolo County Real Estate and Livability Trends
Yolo County, California's real estate market reveals intriguing trends for potential investors. Median home values have jumped from $325,700 in 2015 to $555,200 in 2022, suggesting significant appreciation potential. Residential energy tax credits peaked at $5,040.46 in 2018, highlighting local sustainability efforts that could draw eco-conscious buyers. Real estate taxes per tax return have also... Read more
Yolo County Market Trends
Yolo County, California's real estate landscape shows dynamic and insightful trends. Median home values have surged from $325,700 in 2015 to $555,200 in 2022, hinting at substantial appreciation potential compared to national averages. The county has also seen notable fluctuations in residential energy tax credits, peaking at $5,040.46 in 2018, emphasizing a strong commitment to sustainability... Read more
Median Value of Occupied Housing Units in Yolo County, California Over the Last 8 Years
Yolo County, California, has seen a dramatic increase in median home values over the past eight years, jumping from $325,700 in 2015 to $555,200 in 2022. This outpaces the national trend, where the median home value rose from $125,500 to $179,400 over the same period. While Yolo County's growth is significant, it is still trailing behind the California state median, which surged more substantially from $385,500 to $659,300. These trends might suggest that investing in Yolo County could offer substantial appreciation potential, especially when compared to broader market averages.
Residential Energy Tax Credit Per Tax Return in Yolo County, CA Over the Last 9 Years
Over the last nine years, Yolo County, California has seen significant fluctuations in residential energy tax credit averages per tax return, starting at $1,490.00 in 2013 and peaking at $5,040.46 in 2018. This spike and subsequent variations underscore homeowners’ increasing investments in energy-efficient technologies. Such a trend is important for anyone looking to invest, move to, or build property in Yolo County, as it highlights the region’s commitment to sustainability and potential financial incentives for eco-friendly home improvements.
Average Real Estate Taxes Per Tax Return in Yolo County, CA Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Yolo County, California have shown a steady increase, rising from approximately $4,071.75 in 2012 to around $7,231.84 in 2021. This upward trend suggests growing property values and might reflect enhanced local infrastructure or services. Investors and potential homeowners should consider this pattern, as it indicates a possibly increasing cost of property ownership in the area.
Percentage of Farm Returns in Yolo County, CA Over the Last 10 Years
Over the last decade, Yolo County, California has seen a steady decrease in the percentage of farm tax returns, dropping from about 1.03% in 2012 to approximately 0.76% by 2021. Farm tax returns reflect the filings specific to agricultural income and expenses, key indicators of the farming sector's economic health. This downward trend could suggest evolving economic priorities, shifts in land use, or changes in the agricultural market, all of which matter for investors, property developers, and residents keeping an eye on regional economic dynamics.
Number of Mortgages by Occupancy Type in Yolo County, CA Over the Last 5 Years in Yolo County
Recent trends in Yolo County, California, show fluctuating but generally increasing mortgage counts for investment properties and second residences, peaking significantly for principal residences in 2020 and 2021 before dipping in 2022. These shifts in occupancy types impact local real estate dynamics, influencing investment strategies, property valuations, and insurance assessments. For potential investors, the rising numbers in investment property mortgages could suggest a growing rental or resale market, while a drop in principal residence mortgages in 2022 might indicate market cooldown or shifting buyer preferences. Real estate agents and appraisers need to track these occupancy trends to better gauge property demand and pricing, while builders and insurance agents can align their offerings to meet evolving market needs.
Economic Outlook
Yolo County, CA has seen a notable rise in average taxable income, jumping from $81,064.64 in 2018 to $94,526.91 in 2021, signaling economic growth and rising affluence. However, this prosperity comes with a nearly twofold increase in state and local income taxes over a decade, from $9,589.85 in 2012 to $18,598.53 in 2021, reflecting higher living costs. The average total tax liability also rose from $11,636.49 in 2012 to $16,239.14 in 2021, further highlighting financial obligations for... Read more
Average Taxable Income per Tax Return in Yolo County, CA over the last 9 years
Yolo County, CA has experienced a consistent rise in average taxable income over the past nine years, with notable jumps from $81,064.64 in 2018 to $94,526.91 in 2021. This increase highlights the area’s economic growth and rising affluence, making it an appealing option for investors and residents seeking a prosperous community.
Average State and Local Income Taxes Per Tax Return in Yolo County, CA Over the Last 10 Years
Over the past decade, Yolo County, CA has seen a significant increase in average state and local income taxes per tax return, climbing from $9,589.85 in 2012 to $18,598.53 in 2021. This dramatic rise underscores the growing tax burden on residents, highlighting a nearly twofold increase in just ten years. This trend is particularly relevant for potential movers or current residents, as it reflects a substantial rise in living costs tied to local tax policies.
Average Total Tax Liability Per Tax Return in Yolo County, CA Over the Last 10 Years
Over the past decade in Yolo County, California, the average total tax liability per tax return has shown a notable upward trend, rising from $11,636.49 in 2012 to $16,239.14 in 2021. This steady increase, with a few fluctuations, highlights the growing financial obligations for residents and can impact decisions on property investments, relocation, and economic planning. Higher tax liabilities often correlate with rising property values and could signify a thriving local economy but also heightened expenses for homeowners and businesses.
Cost of Living in Yolo County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $2,561 | $1,609 | $2,162 | $2,577 | $2,615 |
1 adult 4 children | $2,561 | $1,314 | $1,669 | $2,577 | $2,706 |
2 adults 3 children | $2,561 | $1,314 | $1,868 | $2,577 | $2,320 |
1 adult 3 children | $2,561 | $1,073 | $1,375 | $2,577 | $2,453 |
2 adults 2 children | $1,851 | $1,076 | $1,574 | $2,260 | $1,641 |
1 adult 2 children | $1,851 | $804 | $1,081 | $2,260 | $1,787 |
2 adults 1 child | $1,851 | $850 | $1,280 | $1,229 | $1,211 |
1 adult 1 child | $1,851 | $549 | $787 | $1,229 | $1,205 |
2 adults | $1,406 | $683 | $986 | $0 | $794 |
1 adult | $1,386 | $373 | $493 | $0 | $787 |
Safety trends & Data
Yolo County, California has experienced varying property crime trends over the past five years. Between 2018 and 2020, burglary peaked at 198 incidents in 2019, while larceny-theft hit 291 cases the same year. Motor vehicle theft saw a notable rise in 2020 with 92 incidents. By 2021, there was a sharp decline in burglaries and larceny-thefts. Vandalism, however, spiked in 2022, reaching 97 incidents. These shifts could influence property investments, insurance premiums, and law enforcement... Read more
Property Crime Trends in Yolo County, CA Over the Last 5 Years
Over the last five years, Yolo County, California has seen fluctuating trends in property crimes. The recorded incidents of burglary and larceny-theft were significantly high from 2018 to 2020, with burglary peaking at 198 cases in 2019 and larceny-theft at 291 cases the same year. Motor vehicle theft showed a notable increase in 2020 with 92 incidents. However, a sharp decline in various crimes, particularly burglary and larceny-theft, was observed in 2021. Vandalism, on the other hand, spiked in 2022 with the highest count at 97 incidents. These shifts may imply evolving crime patterns and could influence decisions on property investments, insurance costs, and law enforcement strategies.
Demographics
Yolo County, California showcases a slight female majority in its adult population, which could play a significant role in shaping community programs and services. The educational landscape reveals a well-educated populace, with a notable proportion holding bachelor's and graduate degrees, potentially fueling local innovation and workforce opportunities. The age distribution highlights a relatively youthful demographic, dominated by individuals between 20 to 34 years, suggesting a strong... Read more
Race Distribution in Yolo County, California (2022)
Educational Attainment in Yolo County, California (2022)
Age Distribution in Yolo County, California
Citizen Population in Yolo County, California (2022)
Political Trends & Data
Yolo County, California, is likely a stronghold for Democratic candidates, as evidenced by an estimated 69.5% of the vote in the 2020 U.S. Presidential Election. Republicans secured around 28%, while third-party candidates barely made a dent with less than 2%. This voting pattern implies a consistent Democratic leaning in national... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Yolo County, California, Democratic candidates seemed to have had a significant edge in the 2020 U.S. Presidential Election, capturing an estimated 69.5% of the vote. Republicans trailed with roughly 28%, and third-party candidates, including Libertarians and Greens, collectively garnered less than 2% of the votes. This pattern suggests that Yolo County potentially leans heavily Democratic in national elections.
28.05% of voters voted for the Republican party in the 2020 Presidential Election
69.48% of voters voted for the Democrat party in the 2020 Presidential Election
1.24% of voters voted for the Livertarian party in the 2020 Presidential Election
0.56% of voters voted for the Green party in the 2020 Presidential Election
0.67% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Yolo County, California, the student-to-teacher ratio has hovered between 19 and 22 students per teacher over the past nine years, compared to the national average of 14. This higher ratio might suggest larger class sizes and less individualized attention, which could impact the perceived quality of education. Investors, real estate agents, and potential residents might factor this into their decisions, while appraisers and insurance agents may consider it when assessing property value and... Read more
Student-to-teacher ratio in Yolo County, California over the last 9 years
In Yolo County, California, the student-to-teacher ratio has generally fluctuated between 19 and 22 students per teacher over the last nine years. This consistently higher ratio compared to the national average of 14 students per teacher could imply larger class sizes and potentially less individualized attention for students. These ratios might be significant for investors, real estate agents, and those looking to move to the area, as they can influence the perceived quality of education. Additionally, appraisers and insurance agents might consider these ratios when assessing the value and risk associated with properties in this county.