Jackson County Market Trends
Median Value of Occupied Housing Units in Jackson County, Colorado Over the Last 8 Years
Over the past eight years, Jackson County, Colorado saw a fluctuating but generally increasing trend in median home values, starting at $158,000 in 2015 and peaking at $239,100 in 2021 before a slight dip to $227,300 in 2022. Compared to Colorado’s state-level growth—rising from $247,800 in 2015 to $465,900 in 2022—Jackson County's housing market appears relatively more stable and less volatile. On the national scale, where the median home value increased from $125,500 to $179,400 over the same period, Jackson County's market shows a higher rate of growth, illustrating its relatively stronger appeal or possibly limited housing supply. This dynamic could indicate promising investment opportunities for those looking to buy or build while also posing challenges for prospective homeowners facing rising costs.
Average Real Estate Taxes Per Tax Return in Jackson County, CO Over the Last 7 Years
Jackson County, Colorado has shown fluctuations in average real estate taxes per tax return over the past seven years. The period saw a notable increase from $920.00 in 2014 to $1,285.71 in 2017, suggesting a potential rise in property values or changes in tax rates. However, values seem to hover reasonably around $1,000.00, with a peak in 2017 and a slight decrease to $1,200.00 in 2018. These shifts could be indicative of broader economic trends or local government policy changes, making it a point of interest for potential investors and current residents assessing long-term financial commitments.
Percentage of Farm Returns in Jackson County, CO Over the Last 10 Years
The trend in Jackson County, Colorado over the past decade shows fluctuating percentages of farm tax returns, ranging from lows of 6.06% in 2013 to highs of 9.52% in 2017. This variability suggests potential instability or shifts in the agricultural sector. Farm tax returns, essentially annual filings that disclose income and expenses related to farm operations, provide insights into the economic health of the local farming community. For those interested in investment or property development in Jackson County, understanding these fluctuations might indicate the resilience and profitability of agricultural ventures in the area.
Number of Mortgages by Occupancy Type in Jackson County, CO Over the Last 5 Years in Jackson County
Over the last five years in Jackson County, Colorado, there's been a visible fluctuation in the number of mortgages, especially for principal residences, which peaked significantly in 2021 with a count of 71 before dropping sharply to 49 in 2022. Investment properties have seen relatively minor changes, hovering around 5 to 7 per year, and second residences also exhibit a notable but smaller peak in 2021. Such shifts in occupancy types can be crucial for investors and developers looking for lucrative opportunities, as increasing mortgage counts for principal residences could signal rising demand and potentially higher property values, while changes in investment property numbers might reflect broader market trends and economic stability. Understanding these trends can also aid appraisers and insurance agents in risk assessment and valuation accuracy, making it essential for anyone involved in the real estate landscape of Jackson County to stay informed.
Economic Outlook
Average Taxable Income per Tax Return in Jackson County, CO over the last 9 years
Over the past nine years, Jackson County, CO has experienced substantial growth in average taxable income per tax return, climbing from around $41,692.42 in 2013 to $58,787.88 in 2021. Notably, income levels saw significant increases in recent years, particularly between 2020 and 2021 when averages surged by almost $4,253.50. This upward trend indicates a robust economic environment, making Jackson County an attractive prospect for investors, new residents, and property developers.
Average State and Local Income Taxes Per Tax Return in Jackson County, CO Over the Last 8 Years
In Jackson County, CO, average state and local income taxes per tax return have shown significant fluctuations over the past eight years. From a starting point of $3,108.33 in 2012, there was a peak at $5,950.00 in 2015, followed by a decline to $4,250.00 by 2019. For individuals considering a move or local residents, the notable rise and subsequent variability in tax obligations highlight the need for careful financial planning and awareness of potential tax impacts on personal budget management.
Average Total Tax Liability Per Tax Return in Jackson County, CO Over the Last 10 Years
Over the past decade, Jackson County, Colorado has seen significant fluctuations in the average total tax liability per tax return, with notable peaks in 2015 at $8862.22 and another rise in 2020 reaching $7973.47. After a dip in 2017, tax liabilities have remained relatively high, suggesting variable economic conditions and possible shifts in income levels. For potential investors and property developers, these trends may indicate changing financial health and evolving economic opportunities within the county.
Cost of Living in Jackson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,174 | $1,950 | $2,015 | $1,702 | $1,740 |
| 1 adult 4 children | $1,174 | $1,593 | $1,560 | $1,702 | $1,835 |
| 2 adults 3 children | $1,174 | $1,593 | $1,738 | $1,702 | $1,425 |
| 1 adult 3 children | $1,174 | $1,301 | $1,283 | $1,702 | $1,538 |
| 2 adults 2 children | $826 | $1,304 | $1,462 | $1,493 | $1,101 |
| 1 adult 2 children | $826 | $974 | $1,007 | $1,493 | $1,106 |
| 2 adults 1 child | $826 | $1,031 | $1,186 | $813 | $937 |
| 1 adult 1 child | $826 | $666 | $731 | $813 | $762 |
| 2 adults | $649 | $828 | $910 | $0 | $685 |
| 1 adult | $646 | $452 | $455 | $0 | $585 |
Safety trends & Data
Property Crime Trends in Jackson County, CO Over the Last 2 Years
Jackson County, Colorado, has seen an uptick in property crimes, notably burglaries, over the past two years. Burglary cases have doubled from 2 in 2020 to 4 in 2022. Meanwhile, motor vehicle theft and vandalism were at minimal levels, with only one reported case each in 2020 and no data for 2022. This trend could indicate specific areas of concern for those considering property investments or those evaluating real estate security in the county.
Demographics
Jackson County, located in Colorado, seems to exhibit a roughly balanced gender ratio, with a small male majority. Educational attainment highlights a strong foundation in high school education, though fewer individuals have advanced degrees, pointing to potential areas for workforce development. The age distribution suggests an aging population, with a substantial portion being 55 years or older, which could influence future healthcare and community planning needs. The racial composition is... Read more
Race Distribution in Jackson County, Colorado (2022)
Educational Attainment in Jackson County, Colorado (2022)
Age Distribution in Jackson County, Colorado
Citizen Population in Jackson County, Colorado (2022)
Political Trends & Data
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jackson County, Colorado, the 2020 U.S. Presidential Election saw a significant lean towards the Republican party, with around 78 percent of the vote, compared to nearly 20 percent for the Democrats. Third-party candidates from the Libertarian and Green parties garnered minor support, collectively managing just over 1.5 percent of the total vote. This suggests a predominantly conservative voter base in the county, which could influence local policy and community priorities.
77.74% of voters voted for the Republican party in the 2020 Presidential Election
19.98% of voters voted for the Democrat party in the 2020 Presidential Election
1.37% 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
0.68% of voters voted for the Other party in the 2020 Presidential Election
