Delta County Market Trends
Median Value of Occupied Housing Units in Delta County, Colorado Over the Last 8 Years
Delta County, Colorado has seen a consistent rise in the median value of occupied housing units over the past 8 years, growing from $193,000 in 2015 to $291,400 in 2022. This trend, while impressive, still places the county's median home values below the state average, which peaked at $465,900 in 2022. Interestingly, Delta County has consistently outperformed the national average, which only reached $179,400 by the same year. Prospective investors or homebuyers might find Delta County a relatively attractive market, balancing steady appreciation with more affordable entry points compared to larger markets in Colorado.
Residential Energy Tax Credit Per Tax Return in Delta County, CO Over the Last 9 Years
Delta County, Colorado has seen a substantial increase in the average residential energy tax credit per tax return over the last nine years. In 2013, the average credit was $668.18, which climbed significantly to a high of $3,355.56 in 2018. Although there was some fluctuation, the credit remained relatively high, ending at $2,453.33 in 2021. This upward trend signifies growing investments in energy-efficient home improvements, making the area attractive for eco-conscious investors and residents.
Average Real Estate Taxes Per Tax Return in Delta County, CO Over the Last 10 Years
Real estate taxes in Delta County, Colorado have shown a steady increase over the last decade, peaking at $2,225.49 in 2021. Notably, there was a significant jump between 2017 and 2018, where the average tax increased from $1,391.03 to $1,923.81. This upward trend in property taxes suggests growing investment potential and increasing property values, making Delta County an intriguing area for those considering property investments or relocations.
Percentage of Farm Returns in Delta County, CO Over the Last 10 Years
Delta County, Colorado, has seen a general decline in the percentage of farm returns over the past decade, dropping from approximately 9.04% in 2012 to around 6.82% in 2021. Farm tax returns, which reflect the profitability and economic contribution of agricultural enterprises to the county, appear to have dipped consistently in recent years. This trend could be indicative of broader economic shifts, changes in agricultural practices, or varying market conditions impacting the farming community. For investors, prospective residents, or property developers, understanding these fluctuations is crucial as they might affect land value, investment opportunities, and the overall economic health of the area.
Number of Mortgages by Occupancy Type in Delta County, CO Over the Last 5 Years in Delta County
The data on mortgage counts in Delta County, Colorado from 2018 to 2022 suggests a marked increase in principal residence mortgages, particularly peaking in 2021 with 2,781, before declining in 2022. Investment property and second residence mortgage counts remained relatively flat, with minor fluctuations over the years. This trend likely reflects changes in local housing demand and economic conditions, which might be particularly salient for investors assessing market stability or families considering relocation. Appraisers and insurance agents might find the dominant presence of principal residences crucial, as it could influence property values and risk assessments. For builders and real estate agents, understanding these shifts can aid in tailoring offerings and anticipating future market needs in Delta County.
Economic Outlook
Average Taxable Income per Tax Return in Delta County, CO over the last 9 years
Delta County, CO shows a consistent rise in average taxable income per tax return over the past nine years, peaking at $60,536.35 in 2021. This 37.5% increase from $44,008.65 in 2013 indicates a growing economic stability and upward mobility in the region, making it attractive for investors and new residents alike. This upward trend highlights Delta County's potential for sustained economic growth and prosperity, appealing to those looking to build property or engage in long-term ventures.
Average State and Local Income Taxes Per Tax Return in Delta County, CO Over the Last 10 Years
Over the last decade, Delta County, CO has experienced a significant rise in average state and local income taxes per tax return, starting at $3,563.92 in 2012 and surging to $8,487.76 by 2021. This notable increase, particularly sharp after 2017, is indicative of broader economic changes and likely impacts the affordability and financial planning of current and prospective residents.
Average Total Tax Liability Per Tax Return in Delta County, CO Over the Last 10 Years
Over the past decade, Delta County, Colorado has experienced a noticeable upward trend in average total tax liability per tax return. Starting at $6,146.49 in 2012, there was a consistent increase with a significant jump to $8,877.14 by 2021. This data could indicate rising incomes or changes in tax rates, making it an essential factor for potential investors or individuals considering moving to or investing in the area.
Cost of Living in Delta County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,388 | $1,456 | $2,015 | $1,702 | $1,564 |
| 1 adult 4 children | $1,388 | $1,189 | $1,560 | $1,702 | $1,710 |
| 2 adults 3 children | $1,388 | $1,189 | $1,738 | $1,702 | $1,306 |
| 1 adult 3 children | $1,388 | $971 | $1,283 | $1,702 | $1,440 |
| 2 adults 2 children | $1,065 | $974 | $1,462 | $1,493 | $1,037 |
| 1 adult 2 children | $1,065 | $727 | $1,007 | $1,493 | $1,068 |
| 2 adults 1 child | $1,065 | $769 | $1,186 | $813 | $909 |
| 1 adult 1 child | $1,065 | $497 | $731 | $813 | $764 |
| 2 adults | $809 | $618 | $910 | $0 | $647 |
| 1 adult | $804 | $337 | $455 | $0 | $576 |
Safety trends & Data
Property Crime Trends in Delta County, CO Over the Last 5 Years
Delta County, Colorado has seen a somewhat fluctuating trend in property crimes over the past five years. Larceny-theft remains the most prevalent, peaking at 112.0 incidents in 2018 and showing a general decline to 66.0 in 2022. Vandalism arrests have varied but stayed significant, while other crimes like burglary and motor vehicle theft have shown more stability with slight fluctuations. Arson incidents, though minimal, saw a brief rise in 2021. Fraud has remained relatively low with minor variations, and new categories like 'stolen property' arrests appeared in recent years. This data is crucial for those eyeing real estate investments, community safety assessments, and property development plans in Delta County.
Demographics
Delta County, Colorado shows a fairly balanced gender split in its adult population, with only a slight edge towards females. Educational attainment is diverse, yet a significant portion holds only high school diplomas or some college without degrees. The age distribution reveals a notably high number of residents aged 55 to 74, implying a possibly aging population. When it comes to racial composition, the population is overwhelmingly White with very few residents identifying as Black, Asian,... Read more
Race Distribution in Delta County, Colorado (2022)
Educational Attainment in Delta County, Colorado (2022)
Age Distribution in Delta County, Colorado
Citizen Population in Delta County, Colorado (2022)
Political Trends & Data
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Delta County, Colorado, the 2020 U.S. Presidential Election results suggest a strong Republican preference, with around 68% of the votes. Democrats garnered roughly 30% of the vote, indicating a significant gap between the two major parties. Minor parties such as the Libertarians and Greens received minimal support, collectively capturing less than 2% of the vote. This disparity highlights the political landscape of Delta County, hinting at a predominantly conservative electorate.
67.53% of voters voted for the Republican party in the 2020 Presidential Election
30.39% of voters voted for the Democrat party in the 2020 Presidential Election
1.13% of voters voted for the Livertarian party in the 2020 Presidential Election
0.23% of voters voted for the Green party in the 2020 Presidential Election
0.72% of voters voted for the Other party in the 2020 Presidential Election
School Data
Student-to-teacher ratio in Delta County, Colorado over the last 10 years
Delta County, Colorado has seen a fluctuating student-to-teacher ratio over the last decade, peaking at 35 in 2021 before dropping to around 25 in recent years. This trend indicates potential challenges for educational quality and resource allocation. Given the national average stands at 14 students per teacher, Delta County's higher ratios might imply larger class sizes, affecting the learning experience. These factors can influence decisions for families considering moving to the area, appraisers evaluating property values, real estate agents conveying neighborhood attractiveness, and investors looking at long-term prospects. Understanding these dynamics can also help insurance agents assess risks and builders align projects to community needs.
