Kiowa County Market Trends
Median Value of Occupied Housing Units in Kiowa County, Colorado Over the Last 8 Years
Kiowa County, Colorado's median home values have experienced a substantial uptick in recent years, particularly from 2020 onwards, peaking at $127,400 in 2022. This sharp increase contrasts with the generally more gradual ascent seen at the state level, where Colorado's median home value reached $465,900 in 2022, and the national trend, which found median values at $179,400 that same year. The local market dynamics in Kiowa County may present unique investment opportunities or challenges compared to broader state and national trends.
Average Real Estate Taxes Per Tax Return in Kiowa County, CO Over the Last 6 Years
Over the past six years, Kiowa County, Colorado has seen fluctuations in real estate taxes per tax return, peaking at $1,225.00 in 2017 after dipping to $660.00 in 2016. This inconsistency possibly signals economic changes or shifts in property assessments, presenting both opportunities and risks for potential investors. Those considering moving to or investing in Kiowa County should be aware that tax liabilities might vary significantly year-over-year. For those building property in the area, understanding these trends could be crucial for long-term financial planning.
Percentage of Farm Returns in Kiowa County, CO Over the Last 10 Years
Over the past decade, Kiowa County, Colorado has shown some fluctuation in the percentage of farm tax returns. While the numbers hovered around 30.00% from 2012 to 2013, there was a slight dip to 27.87% in 2014. This was followed by a relatively steady trend with minor peaks and troughs, hitting a high of 31.67% in 2018. More recently, a downward trend saw the percentage slide to 25.69% in 2021. Farm tax returns reflect the economic activity and viability of agricultural practices, which could impact decisions for investors, property developers, and potential residents looking at the county’s agricultural economy.
Number of Mortgages by Occupancy Type in Kiowa County, CO Over the Last 5 Years in Kiowa County
In Kiowa County, Colorado, there's a noticeable stability in mortgage numbers for investment properties over the last five years, consistently hovering around two per year. Principal residences dominate the mortgage landscape, peaking with 35 in recent years, but it remains the most common category. Second residences are rare, with only small fluctuations, indicating limited interest. These trends suggest a stable demand for primary living spaces with minimal shifts in investment or secondary property purchases, which could highlight the county's strong focus on long-term residential living. This information might be crucial for prospective investors, real estate agents, and those considering moving to or building in the area, as it indicates a potentially less volatile market primarily driven by owner-occupied homes.
Economic Outlook
Average Taxable Income per Tax Return in Kiowa County, CO over the last 9 years
In Kiowa County, CO, the average taxable income per tax return has shown notable fluctuations over the past nine years. Starting at $54,998.33 in 2013, it experienced a dip, hitting a low of $39,925.00 in 2016, before rebounding steadily to $59,582.81 in 2021. This upward trend in recent years suggests growing economic vitality, making the county attractive for potential investors, property developers, and newcomers looking for stable growth.
Average State and Local Income Taxes Per Tax Return in Kiowa County, CO Over the Last 6 Years
Kiowa County, CO has seen significant fluctuations in average state and local income taxes per tax return over the past six years, peaking at $8,637.50 in 2013 and dipping to $4,260.00 in 2016. These variations suggest a volatile tax environment which potential residents should consider when planning their finances. Notably, the general trend shows a decline since 2013, which may be beneficial for taxpayers looking for lower tax burdens.
Average Total Tax Liability Per Tax Return in Kiowa County, CO Over the Last 10 Years
In Kiowa County, Colorado, the average total tax liability per tax return has fluctuated significantly over the last decade. From a high of $13,091.11 in 2012, it saw a substantial drop to $6,590.48 in 2016, before gradually rising again to $10,076.00 in 2021. This variable tax landscape highlights potential volatility in economic conditions, impacting those seeking to invest, build property, or move to the area.
Cost of Living in Kiowa County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,136 | $1,420 | $2,013 | $1,311 | $1,302 |
| 1 adult 4 children | $1,136 | $1,159 | $1,559 | $1,311 | $1,426 |
| 2 adults 3 children | $1,136 | $1,160 | $1,737 | $1,311 | $1,064 |
| 1 adult 3 children | $1,136 | $947 | $1,283 | $1,311 | $1,161 |
| 2 adults 2 children | $933 | $949 | $1,461 | $1,136 | $911 |
| 1 adult 2 children | $933 | $709 | $1,007 | $1,136 | $896 |
| 2 adults 1 child | $933 | $750 | $1,185 | $566 | $816 |
| 1 adult 1 child | $933 | $485 | $731 | $566 | $677 |
| 2 adults | $731 | $603 | $909 | $0 | $639 |
| 1 adult | $727 | $329 | $455 | $0 | $578 |
Safety trends & Data
Property Crime Trends in Kiowa County, CO Over the Last 4 Years
Property crime trends in Kiowa County, Colorado, exhibit varied but generally modest activity over the past four years. Burglary and fraud incidents were reported in 2019 with 1.0 and 2.0 occurrences respectively. A notable spike in motor vehicle thefts occurred in 2020, reaching 3.0 incidents, before dropping to 1.0 incident in 2022. Larceny-theft was minimal, with just one instance in 2021. Investors, real estate agents, and insurance agents will find these figures potentially reassuring when evaluating property risks in the area.
Demographics
In Kiowa County, Colorado, the adult population shows a slight female majority, which might influence local services and community programs. When it comes to education, a high percentage of residents have attended some college or are high school graduates, suggesting a community that values secondary education but doesn't necessarily pursue higher academic degrees. The age distribution highlights a substantial number of older adults, particularly those 55 years and over, which could imply a... Read more
Race Distribution in Kiowa County, Colorado (2022)
Educational Attainment in Kiowa County, Colorado (2022)
Age Distribution in Kiowa County, Colorado
Citizen Population in Kiowa County, Colorado (2022)
Political Trends & Data
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Kiowa County, Colorado, leaned heavily Republican in the 2020 U.S. Presidential Election, with nearly 88% of votes cast for the GOP. This was significantly higher than the Democratic votes, which hovered around 11%. Support for third parties like the Libertarians was minimal, capturing less than 1% of the total vote. The data suggests a strong Republican preference, which could be indicative of broader regional political trends.
88.04% of voters voted for the Republican party in the 2020 Presidential Election
10.85% of voters voted for the Democrat party in the 2020 Presidential Election
1.00% of voters voted for the Livertarian party in the 2020 Presidential Election
0.11% of voters voted for the Other party in the 2020 Presidential Election
School Data
Student-to-teacher ratio in Kiowa County, Colorado over the last 10 years
Kiowa County, Colorado has consistently maintained a student-to-teacher ratio well below the national average of 14 students per teacher, with the highest ratio observed being 10 in 2019 and 2020. The lower student-to-teacher ratios from 2014 to 2016, hovering around 8, suggest a highly conducive learning environment with more personalized attention for students. This trend could be attractive to families moving to the area seeking quality education for their children. For real estate agents and investors, the appeal of such educational benefits could boost property values. Appraisers and insurance agents might also interpret the lower ratios as indicative of a stable community with a high commitment to education, potentially influencing risk assessments and property evaluations.
