Clear Creek County Market Trends
Median Value of Occupied Housing Units in Clear Creek County, Colorado Over the Last 8 Years
Clear Creek County, Colorado has experienced a significant upward trend in median home values over the last eight years, posting gains from $283,900 in 2015 to $506,900 in 2022. This growth appears to outpace both the state of Colorado and the national average. In comparison, Colorado's median home value rose from $247,800 to $465,900, while the national figure increased from $125,500 to $179,400 over the same period. For prospective investors, movers, or those looking to build, this robust appreciation in Clear Creek County could suggest strong demand and potentially high returns on property investments.
Residential Energy Tax Credit Per Tax Return in Clear Creek County, CO Over the Last 9 Years
Clear Creek County, Colorado, has experienced significant fluctuations in residential energy tax credits per tax return over the past nine years. The average credit started at $400.00 in 2013 and saw a notable spike to $2,633.33 in 2018. While the most recent figure for 2021 is $1,700.00, these trends indicate ongoing investment in energy-efficient improvements and potential for future growth. Such dynamics can be appealing for investors and residents interested in sustainable living solutions and property value appreciation.
Average Real Estate Taxes Per Tax Return in Clear Creek County, CO Over the Last 10 Years
Over the past decade, Clear Creek County, Colorado has seen a notable increase in average real estate taxes per tax return, with figures rising from approximately $2,279.55 in 2012 to about $3,954.39 in 2021. This steady uptrend reflects broader economic and property valuation shifts, making it a potentially significant factor for prospective investors and homeowners. Higher real estate taxes could suggest appreciating property values or increased public spending, both of which might attract or deter different types of buyers and developers.
Number of Mortgages by Occupancy Type in Clear Creek County, CO Over the Last 5 Years in Clear Creek County
Over the last five years in Clear Creek County, Colorado, the number of mortgages for principal residences has generally been the highest compared to second and investment properties. Peaks in 2021 and 2020 indicate potential surges in homebuying activity, possibly reflecting broader market trends or economic conditions. Meanwhile, investment properties and second homes have shown more modest and consistent figures. These variations in occupancy type can impact real estate investment decisions, insurance risk assessments, and appraisals. For potential investors and real estate professionals, understanding these shifts helps in forecasting demand and tailoring strategies to the local housing market.
Economic Outlook
Average Taxable Income per Tax Return in Clear Creek County, CO over the last 9 years
Over the past nine years, Clear Creek County, CO has seen a significant increase in average taxable income per tax return, rising from approximately $70,318.20 in 2013 to about $127,000.42 in 2021. This steady upward trend underscores the county's growing economic vitality, making it an attractive option for investors, potential residents, and property developers. The near doubling of taxable incomes suggests increasing affluence and potential for higher consumer spending, which is promising for local businesses and services.
Average State and Local Income Taxes Per Tax Return in Clear Creek County, CO Over the Last 10 Years
Over the past decade, Clear Creek County, CO has seen a significant increase in average state and local income taxes per tax return. Starting at $5,900.60 in 2012, the amount spiked to $12,314.04 by 2021. Notably, there were sharp rises in 2017 and 2019, reflecting substantial economic or policy shifts impacting tax liabilities. This trend implies increasing financial contributions from residents, potentially affecting household budgets and cost of living.
Average Total Tax Liability Per Tax Return in Clear Creek County, CO Over the Last 10 Years
Over the past decade, Clear Creek County, Colorado has seen a significant rise in average total tax liability per tax return, climbing from $12,648.02 in 2012 to $25,403.86 in 2021. The steady increase, with notable spikes in 2015 and 2021, indicates a strong growth in taxable income and possibly economic development in the area. This trend is crucial for potential investors and residents, as it reflects both rising prosperity and the evolving tax landscape.
Cost of Living in Clear Creek County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,755 | $1,685 | $1,479 | $2,769 | $2,138 |
| 1 adult 4 children | $1,755 | $1,376 | $1,141 | $2,769 | $2,298 |
| 2 adults 3 children | $1,755 | $1,377 | $1,278 | $2,769 | $1,880 |
| 1 adult 3 children | $1,755 | $1,124 | $940 | $2,769 | $2,071 |
| 2 adults 2 children | $1,330 | $1,127 | $1,077 | $2,411 | $1,468 |
| 1 adult 2 children | $1,330 | $842 | $739 | $2,411 | $1,556 |
| 2 adults 1 child | $1,330 | $891 | $876 | $1,250 | $1,092 |
| 1 adult 1 child | $1,330 | $575 | $538 | $1,250 | $1,055 |
| 2 adults | $1,102 | $715 | $675 | $0 | $756 |
| 1 adult | $996 | $390 | $338 | $0 | $650 |
Safety trends & Data
Property Crime Trends in Clear Creek County, CO Over the Last 5 Years
Property crime trends in Clear Creek County, Colorado over the past five years show some notable fluctuations. Larceny-theft saw a peak in 2019 with 17 incidents but generally trended downwards afterward. Vandalism remains a significant concern, especially with a sharp increase to 21 incidents in 2022. Interestingly, arson incidents spiked initially in 2018 and then decreased markedly, with only a minor uptick again in 2022. Motor vehicle theft fluctuated without a clear pattern, while burglary and fraud numbers remained relatively stable with minor variations. These trends may suggest that while certain types of property crimes are declining, vandalism and sporadic spikes in specific crimes could impact property values and insurance considerations in the area.
Demographics
Clear Creek County, Colorado shows a relatively balanced gender distribution among adults, with a slight lean toward males. Educational attainment is quite varied, though a significant portion of the population holds a bachelor's degree or higher. The age distribution seems to suggest a mature population with a notable number of residents between 45 and 64 years old, possibly indicating an established community with limited younger generational presence. Racial diversity is somewhat limited,... Read more
Race Distribution in Clear Creek County, Colorado (2022)
Educational Attainment in Clear Creek County, Colorado (2022)
Age Distribution in Clear Creek County, Colorado
Citizen Population in Clear Creek County, Colorado (2022)
Political Trends & Data
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Clear Creek County, Colorado, the 2020 U.S. Presidential Election's results demonstrate a potential tilt towards Democratic preferences with about 55% of the votes. Republicans received around 42%, which suggests considerable support but not enough to dominate the outcome. Libertarian and Green parties, along with other minor parties, collectively garnered about 3%, indicating a relatively minimal influence in this area.
42.06% of voters voted for the Republican party in the 2020 Presidential Election
55.04% of voters voted for the Democrat party in the 2020 Presidential Election
1.73% of voters voted for the Livertarian party in the 2020 Presidential Election
0.35% of voters voted for the Green party in the 2020 Presidential Election
0.82% of voters voted for the Other party in the 2020 Presidential Election
School Data
Student-to-teacher ratio in Clear Creek County, Colorado over the last 10 years
Clear Creek County, Colorado, has seen notable fluctuations in its student-to-teacher ratio over the past decade, peaking at 16 in 2015 and 2018 while dipping as low as 11 in 2020 and 2023. These variations could influence decisions for investors and real estate agents, as lower ratios might appeal to families seeking more individualized attention for their children. The area’s average ratio tends to be lower than the national average of 14 students per teacher, highlighting a potential benefit for those prioritizing education quality. For appraisers and insurance agents, these shifts in educational quality might impact property values and risk assessments, respectively.
