Conejos County Market Trends
Median Value of Occupied Housing Units in Conejos County, Colorado Over the Last 8 Years
Over the last eight years, Conejos County, Colorado has seen its median home values trend upward from $107,100 in 2015 to $154,500 in 2022. Despite this growth, home values in Conejos County are still significantly lower compared to state averages, with Colorado's median home value reaching $465,900 in 2022. On a national level, the median home value increased to $179,400 by 2022, indicating that Conejos County remains an affordable option both within the state and nationwide. This disparity could present enticing investment opportunities, particularly for those looking to capitalize on the county’s relative affordability and potential for future growth.
Residential Energy Tax Credit Per Tax Return in Conejos County, CO Over the Last 7 Years
Over the past seven years, Conejos County, Colorado has seen a notable increase in the average residential energy tax credit per tax return. From a modest $250.00 in 2013, the credit surged to $1,025.00 by 2020, maintaining that level through 2021. This trend highlights a growing emphasis on energy-efficient investments in the region, making it an appealing destination for eco-conscious investors and homebuyers looking to capitalize on substantial tax incentives.
Average Real Estate Taxes Per Tax Return in Conejos County, CO Over the Last 10 Years
Over the past decade, Conejos County, Colorado has seen significant fluctuations in real estate taxes per tax return. Particularly notable was the spike in 2018, where average taxes jumped to $2,050.00 from $1,289.19 in 2017. This trend has continued with some volatility, reaching $2,075.00 in 2021. Such variability could be indicative of broader economic shifts or local policy changes, making it crucial for potential investors and current residents to keep a keen eye on these developments.
Percentage of Farm Returns in Conejos County, CO Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Conejos County, Colorado showed some fluctuations but overall experienced a slight decline. Starting at around 12.93% in 2012, the percentage hovered close to this figure through 2017 but has since dipped, reaching approximately 10.98% by 2021. This trend may indicate shifts in the local agricultural economy, possibly pointing to changes in farming profitability, demographics, or land use patterns. Those invested in or contemplating investments in agricultural properties should be aware of these trends, as they might impact future economic prospects in the farming sector.
Number of Mortgages by Occupancy Type in Conejos County, CO Over the Last 5 Years in Conejos County
Over the past five years in Conejos County, Colorado, principal residence mortgages have displayed a general upward trend, peaking in 2021 but slightly retracting by 2022. Second residence mortgages saw moderate year-to-year variations, while investment property mortgages remained relatively low with minor fluctuations. These dynamics could signal various economic factors at play, like changing demand for primary homes versus income-generating properties. For potential investors or property developers, understanding these shifts is crucial as they may suggest evolving market forces such as local employment rates, attractiveness for retirees, or tourism impacts. This might also guide real estate agents and insurance agents in tailoring their services to meet the current market needs effectively.
Economic Outlook
Average Taxable Income per Tax Return in Conejos County, CO over the last 9 years
Over the last nine years, Conejos County, CO has seen a notable upward trend in average taxable income per tax return, climbing from $36,158.84 in 2013 to $48,011.55 in 2021. This growth reflects an improving economic landscape, making the county increasingly attractive for investors, potential homeowners, and property developers. This trend indicates not only a rising standard of living but also potential stability and growth in local markets.
Average State and Local Income Taxes Per Tax Return in Conejos County, CO Over the Last 10 Years
Conejos County, CO has experienced a noticeable increase in state and local income taxes per tax return over the past decade. From a consistent rise between 2012 ($2,795.00) and 2017 ($3,472.22), there was a significant spike in 2018 to $5,325.00, followed by some fluctuation but continuing to trend upwards, reaching $5,877.78 in 2021. This indicates a growing tax burden on residents, which potential movers might want to consider when evaluating the cost of living in the area.
Average Total Tax Liability Per Tax Return in Conejos County, CO Over the Last 10 Years
Conejos County, Colorado, has seen a notable increase in average total tax liability per tax return over the past decade, peaking significantly in 2021 at $6229.41. While fluctuations were present, with a dip to around $4264.40 in 2013 and a consistent rise afterward, this trend underscores a growing economic burden or increased financial prosperity among residents. This dynamic can be enticing for potential investors and developers considering the fiscal landscape, offering insights into economic conditions and taxpayer capabilities in the area.
Cost of Living in Conejos County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,104 | $1,657 | $2,013 | $1,311 | $1,439 |
| 1 adult 4 children | $1,104 | $1,353 | $1,559 | $1,311 | $1,555 |
| 2 adults 3 children | $1,104 | $1,354 | $1,737 | $1,311 | $1,170 |
| 1 adult 3 children | $1,104 | $1,105 | $1,283 | $1,311 | $1,264 |
| 2 adults 2 children | $826 | $1,108 | $1,461 | $1,136 | $950 |
| 1 adult 2 children | $826 | $828 | $1,007 | $1,136 | $925 |
| 2 adults 1 child | $826 | $876 | $1,185 | $566 | $839 |
| 1 adult 1 child | $826 | $566 | $731 | $566 | $678 |
| 2 adults | $635 | $703 | $909 | $0 | $651 |
| 1 adult | $631 | $384 | $455 | $0 | $564 |
Safety trends & Data
Property Crime Trends in Conejos County, CO Over the Last 3 Years
While burglary incidents in Conejos County, Colorado have remained static with one reported case each in 2020 and 2021, motor vehicle theft similarly shows a steady trend with single occurrences in 2020 and 2022. These low and consistent figures may offer some reassurance for prospective investors, residents, and insurance agents looking at property in the area, suggesting a potentially stable crime environment over recent years. However, it could be worth considering additional data or local insights for a more comprehensive view on safety before making any decisions.
Demographics
In Conejos County, Colorado, the adult population is nearly balanced between males and females. The county shows a varied educational attainment, with a significant portion having only a high school diploma, and smaller percentages holding higher education degrees. The age distribution is diverse, pointing towards a mix of young and older residents, with a notable segment aged 55-64 years. While predominantly White, the county does have minorities present, including American Indians and a small... Read more
Race Distribution in Conejos County, Colorado (2022)
Educational Attainment in Conejos County, Colorado (2022)
Age Distribution in Conejos County, Colorado
Citizen Population in Conejos County, Colorado (2022)
Political Trends & Data
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Conejos County, Colorado, the 2020 U.S. Presidential Election results showed a slight preference for the Republican candidate, capturing approximately 52.8% of the vote. The Democratic candidate was close behind with 45.2%, suggesting a nearly even political landscape. Minor parties, including Libertarians and Greens, had minimal impact, with each garnering less than 1% of the votes. This highlights a predominantly two-party system in the county, though there remains a small segment of voters exploring alternative options.
52.76% of voters voted for the Republican party in the 2020 Presidential Election
45.21% of voters voted for the Democrat party in the 2020 Presidential Election
0.78% 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
1.04% of voters voted for the Other party in the 2020 Presidential Election
School Data
Student-to-teacher ratio in Conejos County, Colorado over the last 10 years
Conejos County, Colorado has seen fluctuations in its student-to-teacher ratio over the past decade. Beginning at around 14 in 2014, it dipped to just under 13 by 2016, then saw a slight increase fluctuating around 13.5 until a peak of nearly 15 in 2020, before settling back to approximately 13.5 in 2023. Although lower than the national average of 14 students per teacher some years, a higher ratio may indicate larger class sizes, potentially impacting student attention and learning outcomes—the kind of data valuable for potential investors, educational appraisers, and families considering relocation. Stability or changes in the ratio can offer insights into the local educational environment's quality and can be a vital consideration for real estate agents marketing to families.
