Curry County Real Estate and Livability Trends
Curry County, New Mexico showcases an intriguing real estate landscape. Median home values grew from $125,600 in 2015 to $151,300 in 2022, indicating slow but steady growth, suggesting more affordable investment opportunities compared to statewide trends. Residential energy tax credits peaked in 2021, reflecting a shift towards sustainability investments, while real estate taxes surged to... Read more
Curry County Market Trends
Curry County, New Mexico's median home values have risen steadily from $125,600 in 2015 to $151,300 in 2022, showcasing slower growth compared to the state and national rates but offering more affordable options for buyers and investors. The county has experienced notable fluctuations in residential energy tax credits, which peaked at $1961.11 in 2021, reflecting a local trend towards energy... Read more
Median Value of Occupied Housing Units in Curry County, New Mexico Over the Last 8 Years
Median home values in Curry County, New Mexico have displayed a steady upward trend over the past eight years, jumping from $125,600 in 2015 to $151,300 in 2022. Despite this increase, Curry County's growth pace seems slower compared to New Mexico's state-wide surge from $160,300 to $216,000 over the same period. On a national scale, where median values soared from $125,500 in 2015 to $179,400 in 2022, Curry County's market still provides a relatively more affordable option. This competitive pricing may appeal to potential homebuyers and investors seeking opportunities with lower initial costs.
Residential Energy Tax Credit Per Tax Return in Curry County, NM Over the Last 9 Years
Over the past nine years, Curry County, New Mexico has seen noticeable fluctuations in the average residential energy tax credits per tax return. Starting at $265.00 in 2013 and surging to a substantial $1961.11 in 2021, these tax credits reflect increased investments in energy-efficient measures among homeowners. A spike occurred in 2018 with an impressive $1750.00 average, which then slightly corrected but remained significantly high compared to earlier years. This variety indicates a strong potential for energy-related property investments and aligns with national trends emphasizing sustainability and energy efficiency. Real estate agents, appraisers, and potential homeowners may find this data noteworthy as it underscores growing local support for energy-efficient upgrades, potentially driving up property values and market interest.
Average Real Estate Taxes Per Tax Return in Curry County, NM Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in Curry County, New Mexico have shown a notable increase. Starting from approximately $1,415.00 in 2012, the taxes have climbed to around $2,363.00 by 2021. This rising trend, particularly the sharp increases between 2016 and 2019, might suggest growing property values or changes in tax policies, making the area potentially interesting for investors and developers. Those looking to move to Curry County should be aware of this upward movement in real estate taxes as it could impact overall living costs.
Percentage of Farm Returns in Curry County, NM Over the Last 10 Years
Farm tax returns in Curry County, New Mexico, have generally seen a gradual decline over the past decade. After peaking slightly in 2012 at approximately 2.52%, there has been a slow decrease, reaching around 2.23% by 2021. This trend might indicate shifts in the local agriculture economy or changes in the number of individuals or businesses engaged in farming activities. Such information could be useful for potential investors or those looking to move to the region, as it may reflect broader economic movements or opportunities in Curry County's agricultural sector.
Number of Mortgages by Occupancy Type in Curry County, NM Over the Last 5 Years in Curry County
The trend for Curry County, New Mexico, reveals significant growth in mortgages for principal residences from 2018 to 2021, peaking at 2,553 in 2021. Investment property mortgages also increased, particularly in 2021, reaching 205. The number of second residence mortgages remains relatively stable but low, indicating limited interest in secondary homes. Shifts in occupancy types can influence market dynamics, affecting property values, rental demand, and risk assessments, critical for investors, insurers, and real estate agents. Understanding these changes helps provide a clearer picture of the county’s housing landscape.
Economic Outlook
In Curry County, New Mexico, the average taxable income per tax return has steadily risen from about $38,228.41 in 2013 to approximately $50,001.92 in 2021. This trend suggests a potentially stronger local economy, which is something investors and real estate agents might find appealing. Average state and local income taxes per return have also increased, jumping from $4,112.40 in 2012 to $7,312.00 by 2021, hinting at either rising incomes or changing tax policies. Meanwhile, the average total... Read more
Average Taxable Income per Tax Return in Curry County, NM over the last 9 years
In Curry County, New Mexico, the average taxable income per tax return has seen a general upward trend over the past nine years. It increased from approximately $38,228.41 in 2013 to around $50,001.92 in 2021. This growth suggests a potentially improving local economy, which may be appealing for investors and real estate agents. The notable jump in 2021 could be linked to various economic factors, which might be of interest to appraisers and insurance agents considering economic forecasts in their assessments.
Average State and Local Income Taxes Per Tax Return in Curry County, NM Over the Last 10 Years
Over the past decade, Curry County, New Mexico, has seen a noticeable upward trajectory in average state and local income taxes per tax return. Starting at $4,112.40 in 2012, it escalated to $7,312.00 by 2021, with prominent spikes in 2018 and 2020. This trend might suggest rising incomes or changing tax policies, both of which could impact decisions for potential investors, property developers, and real estate agents. Anyone considering this region should weigh these fluctuations to understand the broader economic environment.
Average Total Tax Liability Per Tax Return in Curry County, NM Over the Last 10 Years
Over the last decade in Curry County, New Mexico, the average total tax liability per tax return has fluctuated between approximately $5,782.03 and $6,343.56. There was a notable peak in 2014 at about $6,292.85 and in 2021 at $6,343.56, with a dip around 2013 and 2019 back to just under $5,800. These variations might suggest shifts in economic conditions or local tax policies that potentially affect financial planning and investment decisions in the area. For real estate agents, appraisers, or those considering moving to Curry County, being aware of these trends can provide insights into the economic climate and fiscal responsibilities tied to living or investing in this region.
Cost of Living in Curry County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,154 | $1,436 | $2,438 | $1,481 | $1,349 |
| 1 adult 4 children | $1,154 | $1,172 | $1,886 | $1,481 | $1,404 |
| 2 adults 3 children | $1,154 | $1,173 | $2,104 | $1,481 | $1,082 |
| 1 adult 3 children | $1,154 | $958 | $1,553 | $1,481 | $1,134 |
| 2 adults 2 children | $900 | $960 | $1,770 | $1,300 | $900 |
| 1 adult 2 children | $900 | $717 | $1,219 | $1,300 | $842 |
| 2 adults 1 child | $900 | $759 | $1,436 | $711 | $803 |
| 1 adult 1 child | $900 | $490 | $885 | $711 | $654 |
| 2 adults | $707 | $610 | $1,103 | $0 | $595 |
| 1 adult | $602 | $332 | $551 | $0 | $499 |
Safety trends & Data
Curry County, New Mexico's property crime trends reflect a fluctuating pattern over the last five years, with larceny-theft consistently dominant and peaking at 162.00 incidents in 2022. Burglary incidents saw a notable rise from 7.00 cases in 2020 to 31.00 in 2022, indicating a potential emerging risk area. Fraud incidents peaked at 104.00 in 2018 but have since decreased, while vandalism and motor vehicle theft maintain moderate levels. These crime trends could influence insurance premiums,... Read more
Property Crime Trends in Curry County, NM Over the Last 5 Years
Over the last five years, Curry County, New Mexico has seen fluctuating trends in property crime. Larceny-theft consistently tops the list, peaking at 162.0 incidents in 2022, suggesting a notable area of concern for potential investors and residents. Burglary incidents hit a low in 2020 with just 7.0 cases but saw an increase to 31.0 by 2022. Fraud cases show volatility, with a high of 104.0 in 2018 dropping significantly over the years. Vandalism and motor vehicle theft appear moderately common, with vandalism peaking in 2019 at 75.0 incidents. These crime trends could impact insurance rates, property values, and security measures for homeowners and landlords.
Demographics
Curry County, New Mexico, exhibits a predominantly male adult population, outnumbering females slightly. Educational attainment seems varied, with a significant portion of the population holding high school diplomas or some college experience, though fewer possess higher education degrees. The age distribution shows a sizeable young population, which points towards a potentially growing workforce in the coming years. Racially, the county skews largely White, but there's a considerable... Read more
Race Distribution in Curry County, New Mexico (2022)
Educational Attainment in Curry County, New Mexico (2022)
Age Distribution in Curry County, New Mexico
Citizen Population in Curry County, New Mexico (2022)
Political Trends & Data
Curry County, New Mexico, revealed a dominant Republican inclination in the 2020 Presidential Election, with support hovering near 70%. Democratic support was notably lower at approximately 29%. Minor parties barely registered, capturing around 2% of the vote. This Republican skew likely mirrors the broader political landscape of the region, indicating a prevailing conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In the 2020 U.S. Presidential Election, Curry County, New Mexico, seemed to lean heavily Republican, with likely support reaching almost 70%. Democratic support appeared to be around 29%, significantly lower but still substantial. Minor parties like the Libertarian and Green parties seemed to have minimal impact, collectively garnering just about 2% of the vote. This suggests a significant skew towards conservative preferences in Curry County, possibly reflecting broader regional or state-level political dynamics.
69.16% of voters voted for the Republican party in the 2020 Presidential Election
28.52% of voters voted for the Democrat party in the 2020 Presidential Election
1.62% of voters voted for the Livertarian party in the 2020 Presidential Election
0.35% of voters voted for the Green party in the 2020 Presidential Election
0.34% of voters voted for the Other party in the 2020 Presidential Election
School Data
Curry County, New Mexico, tends to see student-to-teacher ratios slightly above the national average of 14, fluctuating between 14.74 and 15.9 over the past decade. This trend could suggest slightly larger class sizes, which families with school-age children might consider when exploring the area. For real estate professionals, this insight can shape how they market properties, emphasizing the educational environment prospective buyers may encounter. Additionally, this ratio may subtly... Read more
Student-to-teacher ratio in Curry County, New Mexico over the last 10 years
Over the last ten years, the student-to-teacher ratio in Curry County, New Mexico, has hovered just above the national average, which stands at 14 students per teacher. With ratios ranging between 14.74 and 15.9, it suggests Curry County often surpasses the national norm, reflecting potential implications for both educational quality and classroom management. This can be pertinent for families considering moving to Curry County, as they might encounter slightly larger class sizes. For real estate agents, understanding these ratios might influence how they present the area to potential homebuyers, especially those with school-age children. Appraisers and insurance agents might also deduce that a higher student-to-teacher ratio impacts property valuation and risks differently, depending on community priorities and investments in education.
