Archuleta County Market Trends
Median Value of Occupied Housing Units in Archuleta County, Colorado Over the Last 8 Years
Over the past eight years, median home values in Archuleta County, Colorado surged from $264,200 in 2015 to $432,400 in 2022. This upward trend outpaces both state and national rates, highlighting a significant growth opportunity for investors. During the same period, Colorado's median home values increased from $247,800 to $465,900, while national values went from $125,500 to $179,400. These figures suggest Archuleta County may offer more rapid appreciation compared to broader markets, making it potentially attractive for those looking to capitalize on property investments or move into a growing area.
Residential Energy Tax Credit Per Tax Return in Archuleta County, CO Over the Last 9 Years
Over the past nine years, Archuleta County, Colorado, has seen varied trends in average residential energy tax credits per tax return. The amount increased significantly from $866.67 in 2013 to a peak of $2,800.00 in 2018, indicating a growing interest and investment in energy-efficient solutions among homeowners. This pattern underscores the county's commitment to sustainable living and provides lucrative incentives for new residents and investors interested in green initiatives. Noticeably, while the highest credit was in 2018, the years following saw some fluctuations, ending at $2,128.57 in 2021, still markedly higher than the initial figures.
Average Real Estate Taxes Per Tax Return in Archuleta County, CO Over the Last 10 Years
Over the last decade, Archuleta County, Colorado has seen a notable rise in average real estate taxes per tax return. From a low of around $2,117.99 in 2014, taxes have more than doubled, peaking at $3,925.45 in 2020. Despite a slight dip to $3,869.23 in 2021, the overall trend indicates consistently increasing property tax burdens, likely reflective of rising property values and possibly increased local government spending. This likely has implications for potential investors, property developers, and prospective residents regarding ongoing costs and long-term financial planning.
Percentage of Farm Returns in Archuleta County, CO Over the Last 10 Years
In Archuleta County, Colorado, the percentage of farm tax returns has seen a slight yet steady decrease over the past decade. Starting from 3.84% in 2012, it peaked at 3.99% in 2013 but has generally trended downward, hitting its lowest at 2.69% in 2021. Farm tax returns, essentially the filed reports of income generated from farming operations, offer insights into the health of the agricultural sector in the region. This decline might suggest changes in the local economy, shifting land use, or even broader demographic trends impacting farm-related financial activity. Possible investors, new residents, or current property owners could find this data relevant when considering the economic landscape and viability of agricultural ventures in Archuleta County.
Number of Mortgages by Occupancy Type in Archuleta County, CO Over the Last 5 Years in Archuleta County
In Archuleta County, Colorado, the number of mortgages for principal residences has generally seen an upward trend, peaking in 2020 with 1,571, but dropping sharply to 729 in 2022. Investment properties have remained relatively stable with minor fluctuations, while second residences peaked in 2020 but also saw declines in subsequent years. These shifts in occupancy types can significantly influence market dynamics, potentially impacting property values and insurance rates for investors and homeowners. Factors such as the rise and fall in mortgages for principal residences could suggest changes in local demand, influencing decisions for real estate agents, developers, and prospective buyers.
Economic Outlook
Average Taxable Income per Tax Return in Archuleta County, CO over the last 9 years
The average taxable income per tax return in Archuleta County, CO has shown a robust upward trend over the last nine years, climbing from $54,525.91 in 2013 to an impressive $89,189.18 in 2021. This significant increase highlights the county's growing economic strength and attractiveness, making it an enticing prospect for potential investors, new residents, and property developers. The sustained rise in income levels suggests a flourishing local economy that could offer abundant opportunities and stability.
Average State and Local Income Taxes Per Tax Return in Archuleta County, CO Over the Last 10 Years
Over the last decade, state and local income taxes per tax return in Archuleta County, CO have shown a steady increase, escalating dramatically from $4,724.22 in 2012 to $11,037.50 in 2021. This substantial rise, especially notable in the last few years, reflects broader fiscal trends and could impact residents' cost of living and financial planning.
Average Total Tax Liability Per Tax Return in Archuleta County, CO Over the Last 10 Years
Archuleta County, Colorado has seen a significant rise in average total tax liability per tax return over the past decade, hitting a peak of $15,671.36 in 2021. This upward trend may indicate increasing income levels, economic growth, or changing tax policies within the county. For investors and potential homebuyers, this data suggests a vibrant and possibly expanding economy, which could translate into rising property values and lucrative investment opportunities. Current residents might be experiencing growing economic prosperity, but it's also worth noting the potential for higher living costs.
Cost of Living in Archuleta County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,639 | $1,765 | $2,015 | $1,702 | $1,855 |
| 1 adult 4 children | $1,639 | $1,442 | $1,560 | $1,702 | $1,971 |
| 2 adults 3 children | $1,639 | $1,442 | $1,738 | $1,702 | $1,552 |
| 1 adult 3 children | $1,639 | $1,177 | $1,283 | $1,702 | $1,693 |
| 2 adults 2 children | $1,232 | $1,181 | $1,462 | $1,493 | $1,203 |
| 1 adult 2 children | $1,232 | $882 | $1,007 | $1,493 | $1,240 |
| 2 adults 1 child | $1,232 | $933 | $1,186 | $813 | $1,020 |
| 1 adult 1 child | $1,232 | $603 | $731 | $813 | $890 |
| 2 adults | $966 | $750 | $910 | $0 | $748 |
| 1 adult | $928 | $409 | $455 | $0 | $648 |
Safety trends & Data
Property Crime Trends in Archuleta County, CO Over the Last 5 Years
Property crime trends in Archuleta County, Colorado, over the past five years reveal fluctuating but generally consistent patterns. Larceny-theft remains the most reported crime, peaking at 42 incidents in 2018 but dropping to 8 incidents by 2021 before slightly increasing again. Burglary incidents have seen a significant decrease, with 8 cases in 2018 down to just 1 in 2021 and 2022. Vandalism incidents have remained relatively stable, averaging around 6-8 incidents annually. Meanwhile, less common crimes like motor vehicle theft and fraud show sporadic occurrences, suggesting less of a persistent trend. This data is vital for potential investors, residents, appraisers, insurance agents, and real estate professionals as it provides insights into the property crime landscape in Archuleta County, indirectly affecting property values and insurance rates.
Demographics
Archuleta County, Colorado displays a relatively balanced gender distribution with a slight edge toward females. The educational attainment shows a high proportion of residents having completed at least some college, with a noteworthy concentration holding bachelor's and graduate degrees which could correlate with local employment opportunities or cultural factors valuing higher education. Age-wise, the county is significantly populated by individuals aged 55 and above, suggesting it might be... Read more
Race Distribution in Archuleta County, Colorado (2022)
Educational Attainment in Archuleta County, Colorado (2022)
Age Distribution in Archuleta County, Colorado
Citizen Population in Archuleta County, Colorado (2022)
Political Trends & Data
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Archuleta County, Colorado, shows a tendency towards Republican preference, with around 57% of votes leaning red in the 2020 U.S. Presidential Election. Democrats captured roughly 41%, while minor parties like Libertarians and Greens barely made a dent. Although Republicans seem to have the upper hand, the significant share of Democratic votes suggests a diverse political landscape where various views are fairly represented.
56.75% of voters voted for the Republican party in the 2020 Presidential Election
40.88% of voters voted for the Democrat party in the 2020 Presidential Election
1.31% of voters voted for the Livertarian party in the 2020 Presidential Election
0.21% of voters voted for the Green party in the 2020 Presidential Election
0.85% of voters voted for the Other party in the 2020 Presidential Election
School Data
Student-to-teacher ratio in Archuleta County, Colorado over the last 10 years
Over the past ten years, Archuleta County, Colorado has seen its student-to-teacher ratio fluctuate from a high of nearly 18 students per teacher in 2017 to approximately 15 students per teacher in more recent years. Compared to the national average of 14 students per teacher, the county has been slightly above average until 2023, which may affect perceptions of class size and individualized attention in local schools. For those considering investing in or moving to Archuleta County, this trend might imply a shifting focus towards improving educational resources, which could influence property values and community development. Appraisers, real estate agents, and potential residents should note these changes, as they could reflect broader educational improvements or constraints within the region.
