Doña Ana County Real Estate and Livability Trends
In Doña Ana County, New Mexico, there's been a notable uptick in average taxable income, rising from $40,594.57 in 2013 to $55,270.88 in 2021, which could indicate a more buoyant economic landscape and attract investors. However, this has been accompanied by a surge in state and local income taxes, increasing from $4,362.03 in 2012 to $9,353.40 in 2021, hinting at a higher cost of living. The... Read more
Doña Ana County Market Trends
The median home values in Doña Ana County, New Mexico have jumped from $138,100 in 2015 to $187,400 in 2022, positioning the area as a moderate option between state and national median values. Energy tax credits have been on an upswing, particularly since 2018, with figures peaking at $3,432.77, signaling potential for growth in energy-efficient property investments. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Doña Ana County, New Mexico Over the Last 8 Years
The median home values in Doña Ana County, New Mexico have shown a consistent upward trend over the last eight years, culminating in a significant increase from $138,100 in 2015 to $187,400 in 2022. This growth appears to be slightly lower compared to New Mexico's state median values, which escalated from $160,300 in 2015 to $216,000 in 2022. Nationally, median home values also increased but remained lower than both county and state values, rising from $125,500 in 2015 to $179,400 in 2022. This implies that Doña Ana County may present a relatively attractive option for homebuyers seeking a midpoint between state-level and nationwide costs, while still experiencing steady appreciation in property value.
Residential Energy Tax Credit Per Tax Return in Do��a Ana County, NM Over the Last 9 Years
Energy tax credits in Doña Ana County, New Mexico have shown a marked increase over the past nine years, reflecting a growing trend toward residential energy efficiency investments. While there was a slight dip in 2014, the average credit per tax return surged particularly from 2018 onwards, peaking at $3,432.77 and stabilizing around the $3,000 mark in subsequent years. This trend could potentially make the county an attractive area for renewable energy investments and may signal heightened demand for energy-efficient homes. This is especially relevant for real estate agents, appraisers, and investors eyeing properties that are in line with the latest energy standards.
Average Real Estate Taxes Per Tax Return in Do��a Ana County, NM Over the Last 10 Years
Over the past decade in Doña Ana County, New Mexico, average real estate taxes per tax return have shown a clear upward trend, starting from $2,053.13 in 2012 to $3,356.63 in 2021. This sustained increase is particularly pronounced between 2016 and 2018, where a notable jump is observed, suggesting a shift in local policy or assessing practices. This trend is important for prospective investors and current homeowners as it signals rising property costs and potential implications for long-term financial planning. Real estate agents, appraisers, and insurance agents should consider these figures when advising clients, as escalating taxes could influence property desirability and market dynamics.
Percentage of Farm Returns in Do��a Ana County, NM Over the Last 10 Years
The percentage of farm tax returns in Doña Ana County, New Mexico, shows a general declining trend over the past decade, with the percentage decreasing from approximately 1.50% in 2012 to about 1.11% in 2021. Farm tax returns indicate the volume or value of agricultural income reported for tax purposes, and these trends could suggest a shift in the agricultural economy or farming practices within the county. This decline could be of interest to potential investors, property developers, or those looking to move to the area as it may reflect broader changes in the local economy, land use patterns, or market conditions for agricultural products.
Number of Mortgages by Occupancy Type in Doña Ana County, NM Over the Last 5 Years in Doña Ana County
The number of mortgages in Doña Ana County, New Mexico shows significant variations across different occupancy types over the last five years. Principal residences consistently dominate the market, but investment property mortgages have seen noticeable fluctuations, peaking in recent years. This shift towards more principal residence loans could indicate increased homeownership interest, potentially driven by the affordability or attractiveness of the area. For investors or real estate agents, such trends may impact decisions regarding residential versus investment real estate ventures. Insurers and appraisers might also find these occupancy shifts relevant as they could affect risk profiles and property valuations differently across occupancy types.
Economic Outlook
Doña Ana County, New Mexico has experienced a notable rise in average taxable income per tax return, climbing from $40,594.57 in 2013 to $55,270.88 in 2021. This trend could indicate a growing economic landscape, appealing to investors and real estate developers. However, accompanying this income growth is a significant increase in average state and local income taxes, rising from $4,362.03 in 2012 to $9,353.40 by 2021, hinting at a higher cost of living. Meanwhile, the total tax liability per... Read more
Average Taxable Income per Tax Return in Do��a Ana County, NM over the last 9 years
Doña Ana County, New Mexico, has generally seen a steady increase in average taxable income per tax return over the past nine years. From $40,594.57 in 2013 to $55,270.88 in 2021, this upward trend suggests a positive economic shift. Such growth may be viewed favorably by investors and real estate developers as it could hint at a more lucrative market and an increasing standard of living. For appraisers and insurance agents, this can indicate shifts in the property value and risk assessments. This trend offers a compelling case for those considering relocating to the area or those already residing there to anticipate continued economic improvement.
Average State and Local Income Taxes Per Tax Return in Do��a Ana County, NM Over the Last 10 Years
Over the last decade, Doña Ana County, New Mexico saw a significant rise in average state and local income taxes per tax return, beginning at $4,362.03 in 2012 and jumping to $9,353.40 by 2021. This upward trend could indicate economic growth or increased tax rates but definitely suggests a higher cost of living, which is relevant for potential investors, real estate agents, appraisers, insurance agents, and individuals considering a move to the area. This rising tax trend may impact property values, investment potential, and the overall economic landscape in the county.
Average Total Tax Liability Per Tax Return in Do��a Ana County, NM Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Doña Ana County, New Mexico, has generally trended upward, albeit with fluctuations. Starting at around $6,953.82 in 2012, it saw notable peaks and troughs before reaching approximately $8,463.84 in 2021. This gradual increase may suggest rising incomes or higher local tax rates, which could be relevant for potential investors, property developers, and current residents in the region. Understanding this trend is crucial for appraisers and insurance agents when assessing property values and policy risks.
Cost of Living in Doña Ana County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,269 | $1,420 | $2,452 | $1,508 | $1,393 |
1 adult 4 children | $1,269 | $1,159 | $1,893 | $1,508 | $1,451 |
2 adults 3 children | $1,269 | $1,160 | $2,119 | $1,508 | $1,125 |
1 adult 3 children | $1,269 | $947 | $1,560 | $1,508 | $1,184 |
2 adults 2 children | $893 | $949 | $1,785 | $1,326 | $890 |
1 adult 2 children | $893 | $709 | $1,226 | $1,326 | $827 |
2 adults 1 child | $893 | $750 | $1,452 | $733 | $793 |
1 adult 1 child | $893 | $485 | $893 | $733 | $644 |
2 adults | $772 | $603 | $1,118 | $0 | $607 |
1 adult | $715 | $329 | $559 | $0 | $528 |
Safety trends & Data
Property crime trends in Doña Ana County, New Mexico, show volatility, especially in burglary, larceny-theft, and motor vehicle theft. Larceny-theft incidents, while still most frequent, may show a slight decrease. Burglary and motor vehicle theft, however, have increased, peaking in 2021 and 2022. Arson and vandalism reports remain low but fluctuate. Embezzlement and fraud are rare but show minor increases. These trends could be significant for investors assessing security risks, insurance... Read more
Property Crime Trends in Do��a Ana County, NM Over the Last 5 Years
Over the past five years, property crime trends in Doña Ana County, New Mexico, show some volatility, particularly in categories like burglary, larceny-theft, and motor vehicle theft. Larceny-theft incidents, while still the most frequent, show varying numbers with a potential slight decrease in recent years. Burglary and motor vehicle theft cases have increased notably, peaking in 2021 and 2022. Arson and vandalism reports exhibit consistent low numbers, albeit with slight fluctuations. Embezzlement and fraud cases remain relatively rare but have shown minor increases. These trends might be significant for investors and real estate professionals assessing security risks, insurance agents evaluating coverage needs, and new residents considering the safety of their new community.
Demographics
Doña Ana County, New Mexico, reflects a diverse and balanced demographic picture. While males and females are nearly evenly split, there's a broad age range, with a significant portion of the population being young adults aged 25 to 34 years. Educational attainment indicates ample room for growth in higher education, as a majority hold only high school diplomas or some college experience. Racially, the county is predominantly White, but there's an almost comparable representation of 'some... Read more
Race Distribution in Do��a Ana County, New Mexico (2022)
Educational Attainment in Do��a Ana County, New Mexico (2022)
Age Distribution in Do��a Ana County, New Mexico
Citizen Population in Do��a Ana County, New Mexico (2022)
Political Trends & Data
Dona Ana County, New Mexico, leaned toward Democratic candidates in the 2020 U.S. Presidential Election, with nearly 58% of the vote, possibly reflecting a progressive trend in the area. Republican support trailed at about 40%, indicating a notable disparity between the two major parties. Minor parties, including the Libertarian and Green parties, captured only a small fraction of the vote, suggesting a predominantly two-party system in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Dona Ana County in New Mexico saw a significant leaning towards Democratic candidates in the 2020 U.S. Presidential Election, with nearly 58% of the vote possibly reflecting a progressive trend. Republican support lagged behind at approximately 40%, suggesting a notable disparity. Minor parties like the Libertarian and Green parties had minimal impact, with each capturing a small fraction of the vote. This might hint at a predominantly two-party system in this county, with third parties failing to garner substantial support.
39.69% of voters voted for the Republican party in the 2020 Presidential Election
58.03% 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
0.50% of voters voted for the Green party in the 2020 Presidential Election
0.41% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Doña Ana County, New Mexico has fluctuated significantly, peaking at 50 students per teacher in 2022 before dropping to below 14 in 2023. This volatility may suggest transitional issues or data anomalies, which could impact perceptions of school stability. Investors and real estate agents might find these shifts relevant as they could influence property appraisal values, insurance rates, and residency patterns, making this trend a key factor in strategic... Read more
Student-to-teacher ratio in Doã±A Ana County, New Mexico over the last 10 years
The student-to-teacher ratio in Doña Ana County, New Mexico has shown fluctuations over the last decade, peaking dramatically in 2022 at 50 students per teacher before dropping to just under 14 in 2023. While the county's ratio mostly hovered above the national average of 14 students per teacher, the extreme spike in 2022 and subsequent drop in 2023 could indicate transitional issues or data anomalies. For investors, real estate agents, or those with interest in education quality, these shifts might affect perceptions of school system stability. The ratios can influence appraisal values and insurance considerations by signaling potential changes in residency patterns or educational funding. Understanding these trends could be vital for strategic planning and community insights.