Crowley County Market Trends
Median Value of Occupied Housing Units in Crowley County, Colorado Over the Last 8 Years
Crowley County's median home values, ranging from $71,200 to $92,700 over the past eight years, are significantly lower compared to Colorado's state-wide range of $247,800 to $465,900 and the national range of $125,500 to $179,400. This affordability might attract budget-conscious buyers, but the more volatile swings in values could be a concern for those looking for stable investment returns. The relatively low and fluctuating home values imply potential opportunities for investors who can handle some market instability in exchange for lower entry costs.
Average Real Estate Taxes Per Tax Return in Crowley County, CO Over the Last 6 Years
Real estate taxes per tax return in Crowley County, Colorado, have shown a notable increase over the last six years, climbing from $700.00 in 2012 to $1,060.00 in 2017. The most significant jump appears between 2015 and 2016, where the average taxes leaped from $766.67 to $1,033.33. This trend could be indicative of rising property values or changes in local tax policies, making the area potentially pricier for future investments or relocations.
Percentage of Farm Returns in Crowley County, CO Over the Last 10 Years
Crowley County, Colorado has seen some fluctuations in farm tax returns over the past decade. Farm returns dipped from 14.04% in 2012 to 8.77% in 2021, with notable drops in 2015 and particularly in 2020, where returns reached a low of 5.49%. This data could indicate varying degrees of farm profitability or changes in agricultural activities in the area. Investors, property developers, and those considering a move to Crowley County might find these trends useful for understanding the economic landscape, especially in relation to agricultural ventures.
Number of Mortgages by Occupancy Type in Crowley County, CO Over the Last 5 Years in Crowley County
Over the past five years in Crowley County, Colorado, the majority of mortgages were for principal residences, with notable increases particularly in 2021 and 2022. Investment properties and second residences saw minimal mortgage activity, peaking in irregular years with minimal impact. This suggests a stable demand for primary housing, which could indicate strong community ties and lower turnover, valuable info for real estate agents and prospective homeowners. Dips in investment property mortgages might signal fewer rental opportunities, affecting investor plans and local rental markets. Insurance agents might note stable primary occupancy as a lower risk factor, while appraisers could see consistent primary home demand influencing property values. This trend hints at a community more focused on long-term residency than transient or investment-focused living.
Economic Outlook
Average Taxable Income per Tax Return in Crowley County, CO over the last 9 years
Crowley County, CO has seen fluctuations in average taxable income per tax return over the past nine years, with figures ranging from a low of $32,056.17 in 2020 to a high of $41,734.85 in 2021. Notably, there have been significant upticks in certain years, such as in 2018 and 2021, suggesting periods of economic growth and potential. This variability can signal both opportunities and risks for investors and potential residents, highlighting the importance of timing and economic trends when making decisions in this locale.
Average State and Local Income Taxes Per Tax Return in Crowley County, CO Over the Last 6 Years
Over the last six years, Crowley County, CO has seen fluctuations in average state and local income taxes per tax return. Taxes spiked notably in 2015, reaching $3,577.78, before declining to $3,290.00 by 2017. These changes are critical for potential residents and current citizens as they directly impact the cost of living and economic planning within the county.
Average Total Tax Liability Per Tax Return in Crowley County, CO Over the Last 10 Years
Crowley County, Colorado, has seen a fluctuating trend in average total tax liability per tax return over the past decade, with figures peaking at $6,143.04 in 2020. Generally moving between $4,000 and $5,000, these numbers reflect varying economic conditions and potential changes in income levels and tax policies. Investors and prospective residents should note the significant jump in 2020, possibly indicative of increased income or shifts in taxation, suggesting a broader economic shift worth investigating.
Cost of Living in Crowley County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,504 | $1,448 | $2,013 | $1,311 | $1,506 |
1 adult 4 children | $1,504 | $1,182 | $1,559 | $1,311 | $1,655 |
2 adults 3 children | $1,504 | $1,183 | $1,737 | $1,311 | $1,256 |
1 adult 3 children | $1,504 | $966 | $1,283 | $1,311 | $1,390 |
2 adults 2 children | $1,110 | $968 | $1,461 | $1,136 | $988 |
1 adult 2 children | $1,110 | $723 | $1,007 | $1,136 | $1,003 |
2 adults 1 child | $1,110 | $765 | $1,185 | $566 | $892 |
1 adult 1 child | $1,110 | $494 | $731 | $566 | $753 |
2 adults | $870 | $615 | $909 | $0 | $701 |
1 adult | $864 | $335 | $455 | $0 | $638 |
Safety trends & Data
Property Crime Trends in Crowley County, CO Over the Last 5 Years
Crowley County, Colorado has witnessed fluctuating property crime trends over the past five years, with notable variations across different crime categories. Burglary and larceny-theft have seen varying numbers, peaking in 2019 and again in 2022. Emerging trends indicate a potential increase in motor vehicle theft, especially sharp in 2022 compared to previous years. Property investors, real estate agents, and those moving to Crowley County should consider these trends when assessing the area's safety and insurance risks. Understanding these patterns can aid in informed decision-making related to investments, property management, and community safety initiatives.
Demographics
In Crowley County, Colorado, adult males significantly outnumber females, hinting at possible migration patterns or employment opportunities that attract a male demographic. A considerable portion of the population has only completed high school, and there's a sizable group with some college experience but no degree, which could signal untapped potential for higher education initiatives. Most residents are concentrated in the 25 to 54 age range, suggesting a robust workforce but raising... Read more
Race Distribution in Crowley County, Colorado (2022)
Educational Attainment in Crowley County, Colorado (2022)
Age Distribution in Crowley County, Colorado
Citizen Population in Crowley County, Colorado (2022)
Political Trends & Data
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Crowley County, Colorado saw a significant skew towards Republican votes in the 2020 U.S. Presidential Election, with around 73% backing the GOP. Democrats trailed notably, capturing about 25% of the vote, while Libertarian and other minor parties barely registered, each drawing just over 1%. This voting pattern suggests a strong conservative leaning within the county, reflecting regional political dynamics.
72.63% of voters voted for the Republican party in the 2020 Presidential Election
24.97% of voters voted for the Democrat party in the 2020 Presidential Election
1.26% of voters voted for the Livertarian party in the 2020 Presidential Election
1.14% of voters voted for the Other party in the 2020 Presidential Election
School Data
Student-to-teacher ratio in Crowley County, Colorado over the last 10 years
Crowley County, Colorado has seen notable fluctuations in its student-to-teacher ratio over the past decade. While the ratio hovered close to the national average of 14 students per teacher from 2014 through 2018, 2019 brought a significant jump to 18, followed by a peak of nearly 25 in 2023. Higher student-to-teacher ratios can impact investment decisions in the area, as they may suggest larger class sizes and potentially diminished educational quality. This trend might also affect real estate values and the attractiveness of the region to families, as well as the risk assessments made by insurance agents and property developers who use these metrics to gauge community resources and stability. The apparent surge in 2023 warrants a closer look from both current residents and prospective movers.