Douglas County Market Trends
Median Value of Occupied Housing Units in Douglas County, Colorado Over the Last 8 Years
Douglas County, Colorado has seen a consistent uptick in median home values, jumping from $354,700 in 2015 to $635,100 in 2022. This growth outpaces both state and national trends, with Colorado rising from $247,800 to $465,900 and the national median increasing from $125,500 to $179,400 over the same period. Potential investors, homeowners, and developers might find Douglas County particularly appealing given its higher growth trajectory compared to broader averages.
Residential Energy Tax Credit Per Tax Return in Douglas County, CO Over the Last 9 Years
Douglas County, Colorado has seen substantial fluctuation in residential energy tax credits over the last nine years, peaking in 2018 at $5283.64. Although there's variability, the overall upward trend suggests increasing investment in energy-efficient home improvements, reflecting heightened environmental awareness and potential for significant tax savings. High averages in recent years, like $2359.10 in 2021, indicate a strong community focus on sustainable living, making it an attractive area for eco-conscious residents and investors.
Average Real Estate Taxes Per Tax Return in Douglas County, CO Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Douglas County, Colorado have generally trended upward, increasing from $3,248.26 in 2012 to $5,013.12 in 2021. The steady rise, particularly marked from 2016 onwards, suggests a growing demand and possibly higher property valuations. This trend might be of interest to potential investors and current property owners, indicating potential increases in property values but also higher carrying costs over time.
Percentage of Farm Returns in Douglas County, CO Over the Last 10 Years
Douglas County, Colorado has seen a general decline in the percentage of farm tax returns over the last decade, dropping from nearly 0.70% in 2012 to just under 0.47% in 2021. This trend likely indicates a shift away from agricultural pursuits, hinting that the county's economic focus may be evolving towards other sectors. For investors, builders, or new residents, this evolution might suggest a growing opportunity in suburban development or other non-agricultural industries, reflecting broader economic and lifestyle changes within the region.
Number of Mortgages by Occupancy Type in Douglas County, CO Over the Last 5 Years in Douglas County
Douglas County, Colorado shows a notable fluctuation in the number of mortgages by occupancy type over the past five years. The consistent dominance of principal residence mortgages suggests stability in residential demand, while a drop in 2022 hints at market shifts or fluctuating interest rates. Investment properties saw a rise in 2021 but significantly decreased afterward, which could indicate changes in investor confidence or economic factors affecting rental markets. Second residences have consistently trailed, suggesting limited interest or affordability in maintaining multiple homes. These trends matter for investors assessing rental markets, real estate agents identifying residential homebuyer patterns, and insurance agents appraising risk associated with different property usages.
Economic Outlook
Average Taxable Income per Tax Return in Douglas County, CO over the last 9 years
Douglas County, CO has seen a significant rise in average taxable income per tax return over the past nine years, jumping from $106,257.35 in 2013 to an impressive $153,665.33 in 2021. This consistent upward trend reflects a robust local economy, making it an appealing location for investors, property developers, and potential residents seeking economic stability and growth opportunities.
Average State and Local Income Taxes Per Tax Return in Douglas County, CO Over the Last 10 Years
Douglas County, CO has seen a significant uptick in average state and local income taxes per tax return, more than doubling from $6,993.34 in 2012 to $13,325.16 in 2021. Notably, the period between 2017 and 2021 shows a particularly sharp rise, reflecting economic growth or policy changes that could be relevant for potential residents assessing financial commitments. This increase highlights the county’s rising affluence and evolving tax landscape, crucial considerations for those evaluating the cost of living in the area.
Average Total Tax Liability Per Tax Return in Douglas County, CO Over the Last 10 Years
Douglas County, Colorado has seen a significant upward trend in average total tax liability per tax return over the last decade. Starting at $20,555.49 in 2012, the tax liability experienced a slight dip in 2013, followed by a steady increase, peaking dramatically in 2021 at $31,087.08. This rise points to growing incomes and possibly changing tax structures, suggesting robust economic growth. This is important for potential investors, residents, and builders who are looking at Douglas County as a promising area for future investments and development projects.
Cost of Living in Douglas County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,916 | $1,717 | $1,479 | $2,769 | $2,648 |
| 1 adult 4 children | $2,916 | $1,402 | $1,141 | $2,769 | $2,710 |
| 2 adults 3 children | $2,916 | $1,403 | $1,278 | $2,769 | $2,397 |
| 1 adult 3 children | $2,916 | $1,145 | $940 | $2,769 | $2,514 |
| 2 adults 2 children | $2,210 | $1,148 | $1,077 | $2,411 | $1,856 |
| 1 adult 2 children | $2,210 | $858 | $739 | $2,411 | $1,973 |
| 2 adults 1 child | $2,210 | $908 | $876 | $1,250 | $1,396 |
| 1 adult 1 child | $2,210 | $586 | $538 | $1,250 | $1,448 |
| 2 adults | $1,831 | $729 | $675 | $0 | $977 |
| 1 adult | $1,655 | $398 | $338 | $0 | $923 |
Safety trends & Data
Property Crime Trends in Douglas County, CO Over the Last 5 Years
Douglas County, Colorado has shown fluctuating property crime rates over the past five years. Larceny-theft remains the most frequent crime, peaking at 1,064 incidents in 2019, followed by a significant increase again in 2022. Motor vehicle thefts spiked dramatically from 48 in 2019 to 138 in 2020 before slightly decreasing. Vandalism incidents have stayed relatively high, with minor annual variations. Embezzlement and arson remain minor issues in comparison, with single-digit occurrences. This dynamic landscape suggests that while common property crimes are a persistent concern, they are manageable, making it essential for potential investors, residents, and professionals to stay informed about these trends for better decision-making.
Demographics
Douglas County, Colorado's demographic data reveals a pretty balanced male and female adult population, both hovering around 130,000. A significant portion of residents hold a Bachelor’s degree or higher, which might hint at a strong local emphasis on education. The age distribution showcases a mix of younger families and middle-aged adults, with a fairly large segment also entering retirement age. Racially, the county seems predominantly White, but there’s a notable presence of Asian and... Read more
Race Distribution in Douglas County, Colorado (2022)
Educational Attainment in Douglas County, Colorado (2022)
Age Distribution in Douglas County, Colorado
Citizen Population in Douglas County, Colorado (2022)
Political Trends & Data
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Douglas County, Colorado, the 2020 U.S. Presidential Election saw a slight edge for the Republican Party with just over 52% of the votes, while the Democratic Party secured around 45%. Third parties had marginal support, with the Libertarian Party garnering around 1.6%. This voting pattern could indicate a moderate lean towards conservative values, but the notable percentage for Democrats suggests a competitive political landscape.
52.36% of voters voted for the Republican party in the 2020 Presidential Election
45.19% of voters voted for the Democrat party in the 2020 Presidential Election
1.60% of voters voted for the Livertarian party in the 2020 Presidential Election
0.19% of voters voted for the Green party in the 2020 Presidential Election
0.66% of voters voted for the Other party in the 2020 Presidential Election
School Data
Student-to-teacher ratio in Douglas County, Colorado over the last 10 years
Douglas County, Colorado has seen a steady decline in its student-to-teacher ratio over the past decade, dropping from 23 in 2015 to 18 in 2023. This trend is significant given that the national average in the United States is around 14 students per teacher, making Douglas County's ratio still relatively high. This lower student-to-teacher ratio could potentially indicate improved educational conditions, attracting families seeking quality education. For real estate investors and developers, this trend might signal a growing demand for family-oriented housing, while appraisers and insurance agents might see fluctuations in property values and insurance premiums reflecting the changing demographic landscape.
