San Juan County Market Trends
Median Value of Occupied Housing Units in San Juan County, Colorado Over the Last 8 Years
San Juan County, Colorado, has experienced a significant increase in median home values over the past eight years, climbing from $223,200 in 2015 to $344,600 in 2022. This growth rate surpasses both the state and national medians, where Colorado's median home value increased from $247,800 to $465,900, and the national median went from $125,500 to $179,400 during the same period. For potential investors, residents, or developers, this trend suggests a robust housing market with increasingly higher property values, indicating a potentially profitable area for real estate investment.
Average Real Estate Taxes Per Tax Return in San Juan County, CO Over the Last 7 Years
Over the last 7 years, real estate taxes in San Juan County, Colorado have shown significant volatility. While the average tax per return hit a low of $1,166.67 in 2017 and peaked at $2,100.00 in 2021, the fluctuations suggest possible underlying changes in property values or tax policies. Notably, the highest increase was from 2012 to 2013, jumping by roughly 32%. These trends hint at an evolving economic landscape, offering an interesting backdrop for potential investors, new residents, and builders considering development in this region.
Number of Mortgages by Occupancy Type in San Juan County, CO Over the Last 5 Years in San Juan County
San Juan County, Colorado has seen notable fluctuations in mortgage volumes across different occupancy types over the past five years. Principal residence mortgages spiked significantly in 2020 and 2021, potentially indicating a rising appeal for long-term homeownership. In contrast, investment property mortgages exhibit a downward trend, possibly reflecting shifting investor interest or risk perceptions. Second residences have seen a varying yet overall stable volume, suggesting a steady niche for vacation homes. For investors, builders, and real estate agents, understanding these shifts can help tailor market strategies, while appraisers and insurance agents might find it relevant for assessing property values and risk.
Economic Outlook
Average Taxable Income per Tax Return in San Juan County, CO over the last 9 years
San Juan County, CO has seen considerable fluctuations in average taxable income per tax return over the past nine years. Starting at $48,094.12 in 2013, the income dipped to $36,054.55 in 2014 before steadily climbing to a high of $68,953.49 in 2021. This upward trend, particularly the significant increase in the most recent year, highlights an improving economic environment that could be attractive for investors, new residents, and property developers. The rise in income might also indicate a growing job market and enhanced business opportunities in the area.
Average State and Local Income Taxes Per Tax Return in San Juan County, CO Over the Last 8 Years
Over the past 8 years, San Juan County, CO has experienced notable fluctuations in average state and local income taxes per tax return, with a significant peak in 2021 at $5700.00 after varied rates, including a low of $2833.33 in 2017. These shifts could be indicative of broader economic changes impacting residents' disposable incomes, making it critical for potential movers to anticipate varied tax burdens year-over-year.
Average Total Tax Liability Per Tax Return in San Juan County, CO Over the Last 10 Years
Over the past decade, San Juan County, Colorado has seen significant fluctuations in average total tax liability per tax return, with a notable spike to $10,905.71 in 2021. This up-and-down pattern suggests varying economic conditions and taxpayer incomes, which could impact potential investment decisions. Observing these trends is crucial for those planning to move to, invest in, or develop property in the area, as it provides insight into the financial climate and possible tax implications.
Cost of Living in San Juan County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,717 | $1,806 | $2,015 | $2,012 | $2,064 |
| 1 adult 4 children | $1,717 | $1,475 | $1,560 | $2,012 | $2,192 |
| 2 adults 3 children | $1,717 | $1,475 | $1,738 | $2,012 | $1,766 |
| 1 adult 3 children | $1,717 | $1,204 | $1,283 | $2,012 | $1,903 |
| 2 adults 2 children | $1,411 | $1,208 | $1,462 | $1,762 | $1,425 |
| 1 adult 2 children | $1,411 | $902 | $1,007 | $1,762 | $1,492 |
| 2 adults 1 child | $1,411 | $954 | $1,186 | $947 | $1,144 |
| 1 adult 1 child | $1,411 | $616 | $731 | $947 | $1,067 |
| 2 adults | $1,106 | $767 | $910 | $0 | $824 |
| 1 adult | $1,099 | $418 | $455 | $0 | $738 |
Safety trends & Data
Property Crime Trends in San Juan County, CO Over the Last 5 Years
San Juan County, Colorado has exhibited a sporadic pattern in property crimes over the past five years. Larceny-theft, the most frequently occurring crime, saw significant fluctuations, peaking in 2019 with three incidents. Motor vehicle theft was relatively steady, appearing each year but never exceeding two cases annually. Notably, fraud saw a resurgence in 2022 with two cases. The intermittent nature of these crimes may suggest targeted or opportunity-driven offenses rather than persistent high-risk areas, which could be pivotal information for real estate agents, investors, and insurance agents evaluating the locale.
Demographics
San Juan County, Colorado's adult population shows a fairly balanced gender distribution, with males slightly outnumbering females. When it comes to education, high school graduates and those with some college form the larger groups, while graduate or professional degree holders are relatively few. The county's age distribution leans towards older residents, with significant counts in the 55-64 and 65-74 age brackets. The racial makeup is overwhelmingly White, with minimal representation from... Read more
Race Distribution in San Juan County, Colorado (2022)
Educational Attainment in San Juan County, Colorado (2022)
Age Distribution in San Juan County, Colorado
Citizen Population in San Juan County, Colorado (2022)
Political Trends & Data
Percentage of Votes in the 2020 U.S. Presidential Election by Party
San Juan County, Colorado, might typically lean Democratic in presidential elections, as shown by a higher percentage of votes for the Democratic candidate compared to Republican and other parties. While the Libertarian and Green parties seem to have garnered minimal support, it's interesting to note the generally higher competitiveness between the two major parties, with Democrats potentially holding a more significant edge. This could be indicative of broader political trends or demographic factors affecting voter preferences in the region.
35.94% of voters voted for the Republican party in the 2020 Presidential Election
60.85% of voters voted for the Democrat party in the 2020 Presidential Election
1.25% of voters voted for the Livertarian party in the 2020 Presidential Election
0.36% of voters voted for the Green party in the 2020 Presidential Election
1.60% of voters voted for the Other party in the 2020 Presidential Election
School Data
Student-to-teacher ratio in San Juan County, Colorado over the last 10 years
San Juan County, Colorado has seen a fluctuating student-to-teacher ratio over the past decade, with numbers ranging from 5 to 14 students per teacher. Most notably, the ratio has increased sharply from under nine in 2021 to 14 in 2023, aligning with the national average. For those considering investment or residency in San Juan County, this trend might indicate evolving educational demands or resource allocation. For real estate agents and builders, understanding these dynamics can help tailor community needs; meanwhile, appraisers and insurance agents can use this data to assess the desirability and risks associated with educational infrastructure.
