Collier County Real Estate and Livability Trends
Collier County, Florida showcases a vibrant economic growth with average taxable income per tax return rocketing from $104,607.45 in 2013 to $244,703.86 in 2021. Median home values nearly doubled from $272,800 in 2015 to $443,700 in 2022, vastly outperforming state and national trends and signaling significant investment potential. Property crime rates dropped dramatically, notably with burglary... Read more
Collier County Market Trends
Collier County, Florida has seen median home values nearly double from $272,800 in 2015 to $443,700 in 2022, outpacing both state and national growth by a significant margin. Real estate taxes have similarly surged, hitting $15,060.09 in 2021, which reflects rising property values but may affect affordability. Residential energy tax credits swung dramatically, peaking at $2,742.65 in 2018,... Read more
Median Value of Occupied Housing Units in Collier County, Florida Over the Last 8 Years
Over the past eight years, Collier County, Florida has experienced a notable increase in median home values, rising from $272,800 in 2015 to $443,700 in 2022. This growth considerably outpaces both the state of Florida, which saw prices move from $159,000 to $292,200, and the national median, which only rose from $125,500 to $179,400 over the same period. This steep appreciation makes Collier County an attractive location for property investors as it suggests high demand and a robust real estate market.
Residential Energy Tax Credit Per Tax Return in Collier County, FL Over the Last 9 Years
Collier County, Florida, has seen significant fluctuations in residential energy tax credits per tax return over the past nine years. From a modest $401.89 in 2013, the average credit surged to $2,742.65 in 2018, reflecting increased investments in energy-efficient home improvements. Although there was a slight dip in subsequent years, the figure remained robust at $2,359.23 in 2021. This trend signifies a growing awareness and commitment among residents towards sustainable living, making it an attractive locale for eco-conscious investors and homeowners.
Average Real Estate Taxes Per Tax Return in Collier County, FL Over the Last 10 Years
Over the last decade, Collier County, Florida has seen a notable rise in average real estate taxes per tax return, reflecting escalating property values and possibly increased municipal spending. Starting at $8,028.67 in 2012, taxes have climbed consistently, peaking at $15,060.09 in 2021. This trend implies potential for continued property value appreciation and might affect affordability. Prospective investors, developers, and residents should weigh these increasing costs when making financial or relocation decisions.
Percentage of Farm Returns in Collier County, FL Over the Last 10 Years
In Collier County, Florida, the percentage of farm tax returns has gradually declined over the past decade, from approximately 0.27% in 2012 to around 0.20% in 2021. This trend could suggest a shift away from agricultural activities or changes in how land is utilized, which might be of interest to potential investors or developers. The diminishing farm tax return percentages might reflect broader economic shifts, potentially offering investment and development opportunities in other sectors. Understanding farm tax returns helps gauge agricultural viability, which could impact property values, land use, and local economic strategies.
Number of Mortgages by Occupancy Type in Collier County, FL Over the Last 5 Years in Collier County
Over the past five years in Collier County, Florida, there's been an interesting variability in mortgage activity across different occupancy types. Principal residences have shown the largest volume of mortgages every year, peaking in 2021 before a noticeable decline in 2022. Second residences saw a similar peak in 2021, while investment properties have steadily grown since 2018 but still trail behind in totals. Changes in occupancy type can significantly impact market dynamics, driving demand for different types of residential properties. This matters for investors assessing rental property potential, insurers evaluating risk profiles, and real estate agents positioning their marketing strategies. For those looking to build or buy, understanding these trends can highlight evolving local priorities and economic health signals, making informed decisions more feasible.
Economic Outlook
Collier County, Florida has seen a remarkable rise in average taxable income per tax return over the past nine years, jumping from $104,607.45 in 2013 to an impressive $244,703.86 in 2021. State and local income taxes per tax return have also increased dramatically from $34,040.60 in 2012 to $74,252.59 by 2021, indicating rapid economic growth and potentially higher incomes. The average total tax liability per tax return has nearly doubled from $31,030.29 in 2012 to $61,962.75 in 2021,... Read more
Average Taxable Income per Tax Return in Collier County, FL over the last 9 years
Collier County, FL has seen a remarkable rise in average taxable income per tax return over the past nine years, jumping from $104,607.45 in 2013 to an impressive $244,703.86 in 2021. This rapid growth highlights a robust economic climate, making it attractive for investors and those considering relocation or property development. The consistent upward trend, especially the significant spike from 2020 to 2021, underscores the area's increasing affluence and potential for future financial gains.
Average State and Local Income Taxes Per Tax Return in Collier County, FL Over the Last 10 Years
In Collier County, Florida, average state and local income taxes per tax return have seen a dramatic increase over the past decade, jumping from $34,040.60 in 2012 to $74,252.59 by 2021. This rise highlights the county's rapid economic growth and potentially increasing incomes, making it a focal point for investors eyeing high-income demographics. The upwards trend can also impact decisions related to property investments and relocation as higher taxes reflect a thriving local economy and possibly greater public service investments.
Average Total Tax Liability Per Tax Return in Collier County, FL Over the Last 10 Years
Over the past decade, Collier County, Florida has seen a significant rise in its average total tax liability per tax return, climbing from $31,030.29 in 2012 to $61,962.75 in 2021. This sharp increase, especially notable from 2017 onward, underscores a growing economic prosperity in the region, suggesting a higher income bracket and robust investment opportunities. For potential residents or investors, this trend signals a thriving and lucrative market worth noting.
Cost of Living in Collier County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,394 | $1,753 | $2,061 | $1,497 | $1,626 |
| 1 adult 4 children | $2,394 | $1,432 | $1,577 | $1,497 | $1,742 |
| 2 adults 3 children | $2,394 | $1,432 | $1,788 | $1,497 | $1,354 |
| 1 adult 3 children | $2,394 | $1,169 | $1,304 | $1,497 | $1,498 |
| 2 adults 2 children | $1,795 | $1,173 | $1,515 | $1,327 | $1,024 |
| 1 adult 2 children | $1,795 | $876 | $1,031 | $1,327 | $1,066 |
| 2 adults 1 child | $1,795 | $927 | $1,241 | $772 | $924 |
| 1 adult 1 child | $1,795 | $599 | $757 | $772 | $865 |
| 2 adults | $1,468 | $744 | $968 | $0 | $753 |
| 1 adult | $1,288 | $406 | $484 | $0 | $615 |
Safety trends & Data
In Collier County, Florida, the real estate market may be influenced by notable trends in property crimes over the past four years. Burglary incidents dropped dramatically from 111 in 2019 to just 4 in 2022, and while larceny-theft fluctuated, it saw a significant reduction from 655 in 2019 to 327 in 2022. Motor vehicle thefts remained relatively low, ranging from 11 to 96 annually, and fraud cases also saw a considerable decrease from 101 in 2019 to 47 in 2022. These trends could impact real... Read more
Property Crime Trends in Collier County, FL Over the Last 4 Years
In Collier County, Florida, over the past four years, various property crimes have shown notable trends. While burglary incidents saw a decrease from 111 in 2019 to just 4 in 2022, larceny-theft fluctuated significantly, peaking at 655 in 2019 and dropping to 327 by 2022. Motor vehicle thefts were relatively low, ranging from 11 to 96 annually. Interestingly, fraud cases also saw a substantial dip from 101 in 2019 to 47 in 2022. These trends provide critical insights for potential investors, real estate professionals, insurance agents, and residents on the evolving safety and economic landscape of the county.
Demographics
Collier County, Florida exhibits interesting demographic characteristics. The adult population tips slightly more towards females than males. Educational attainment shows a diverse spread, with a notable number of residents holding Bachelor's degrees or higher. In terms of age distribution, a significant portion of the population is over 55 years, hinting at a potentially aging community. Racial diversity is present but not extensive, as the majority population is White, followed by a smaller... Read more
Race Distribution in Collier County, Florida (2022)
Educational Attainment in Collier County, Florida (2022)
Age Distribution in Collier County, Florida
Citizen Population in Collier County, Florida (2022)
Political Trends & Data
In Collier County, Florida, there's a notable tilt toward Republican candidates, with Republicans possibly securing around 62% of the vote in the 2020 U.S. Presidential Election. Democrats might have received about 37%, highlighting a sharp partisan split. Third-party support, including Libertarian and Green parties, seems minimal, collectively under 1%. These dynamics could shape election strategies and local political discussions moving... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Collier County, Florida, the trend seems to suggest a strong leaning toward Republican candidates, with Republicans potentially securing about 62% of the vote according to the 2020 U.S. Presidential Election data. Democrats might have garnered approximately 37%, indicating a significant partisan divide. Support for third parties, including the Libertarian and Green parties, appears relatively minimal, collectively making up less than 1% of the total vote. These patterns could reflect broader political sentiments within the county, potentially influencing future election strategies and local political dynamics.
62.05% of voters voted for the Republican party in the 2020 Presidential Election
37.35% of voters voted for the Democrat party in the 2020 Presidential Election
0.43% of voters voted for the Livertarian party in the 2020 Presidential Election
0.09% of voters voted for the Green party in the 2020 Presidential Election
0.08% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Collier County, Florida, the student-to-teacher ratio has shifted significantly, jumping from under 14 students per teacher in 2018 to around 20 in 2023. This uptick could influence family relocation decisions and may correlate with shifts in housing demand, as educational quality is a common consideration. Real estate professionals might see this impacting valuations, with possible effects on insurance risks and... Read more
Student-to-teacher ratio in Collier County, Florida over the last 10 years
Collier County, Florida has experienced notable fluctuations in its student-to-teacher ratio over the past decade. After maintaining a ratio generally below the national average of 14 students per teacher until 2018, the county saw a sharp increase to 21 students per teacher in 2020 and again rising to around 20 in 2023. This trend may affect decisions for families considering relocation, as classroom sizes impact individual attention and overall educational quality. Investors and real estate professionals might also see changes in demand for housing correlating with perceptions of school quality, while higher ratios can lead to greater insurance risks and valuation adjustments for appraisers.
