Guadalupe County Real Estate and Livability Trends
Guadalupe County, New Mexico's real estate market has shown significant growth, with median home values increasing from $85,000 in 2019 to $116,400 in 2022, yet still remaining below state and national averages, making it an attractive option for investors seeking affordability with growth potential. Rising average taxable incomes and steady increases in mortgage numbers further indicate economic... Read more
Guadalupe County Market Trends
The median home values in Guadalupe County, New Mexico, have appreciated significantly, jumping from $85,000 in 2019 to $116,400 in 2022. Despite this growth, values are still well below state and national averages, pointing to a potentially appealing investment for those seeking affordable options with good growth prospects. Residential energy tax credits in the county have fluctuated, with... Read more
Median Value of Occupied Housing Units in Guadalupe County, New Mexico Over the Last 8 Years
The median home values in Guadalupe County, New Mexico, have experienced a steady increase over the past eight years, especially notable in the jump from $85,000 in 2019 to $116,400 in 2022. While these values remain significantly lower than both state and national averages, with New Mexico at $216,000 and the United States at $179,400 in 2022, the rapid appreciation in Guadalupe County marks it as a potential up-and-coming area for investment. The relative affordability, combined with the upward trend, might appeal to investors looking for growth potential or individuals seeking more affordable housing options without sacrificing the prospects for property value gains.
Residential Energy Tax Credit Per Tax Return in Guadalupe County, NM Over the Last 9 Years
The average residential energy tax credit per tax return in Guadalupe County, New Mexico has shown significant fluctuations over the last nine years, with notable increases in specific years. A spike in the credit amount is evident in 2017 ($500.00) and even more so in 2018 ($1,300.00), likely indicating periods of increased energy-efficient upgrades or incentives. This volatility may be important for investors, real estate agents, and builders to consider when assessing the county's commitment to energy efficiency and the potential financial benefits for homeowners. Similarly, appraisers and insurance agents might find these trends useful when evaluating property values and insurance premiums, respectively.
Average Real Estate Taxes Per Tax Return in Guadalupe County, NM Over the Last 10 Years
Average real estate taxes per tax return in Guadalupe County, New Mexico have shown a general uptick over the past decade, highlighting a potential increase in property values or tax rates. From $1,152.94 in 2012, the amount has gradually risen to $1,720.00 by 2021. These higher taxes might imply improved public services or increasing home values, making it a relevant factor for potential investors, homebuyers, and real estate professionals considering the area.
Percentage of Farm Returns in Guadalupe County, NM Over the Last 10 Years
Over the last decade, Guadalupe County, New Mexico's farm returns have shown a subtle fluctuation with percentages generally hovering around 10%. There was a spike in 2019 at 10.38% but dipped to its lowest in 2020 at 8.24%, reflecting some variability likely influenced by broader market trends or local factors. Farm tax returns measure the income reported by farmers, which can indicate the health of agricultural businesses in the area. This particular trend may suggest varying levels of profitability or stability within the local farming community, important for those looking to invest, move to, or build properties in this predominantly agricultural region.
Number of Mortgages by Occupancy Type in Guadalupe County, NM Over the Last 5 Years in Guadalupe County
Over the last five years, mortgages for principal residences in Guadalupe County, New Mexico have generally been on a steady rise, peaking in 2021. There’s a notable, though relatively low, interest in investment properties and second residences. Shifts in occupancy types influence demand and property value stability; a higher proportion of principal residences often indicates a stable and growing community, attractive for investors and developers. For appraisers and insurance agents, these trends might suggest varying risk levels and property valuations, making it a focal point for assessing market dynamics.
Economic Outlook
Guadalupe County, New Mexico’s average taxable income per tax return has seen an upward trend over the past nine years, rising from around $28,177.72 in 2013 to about $42,082.76 in 2021. State and local income taxes peaked in 2013 at $4,154.55 and again in 2020 at $4,466.67, with notable dips such as $2,750.00 in 2021. Similarly, the average total tax liability fluctuated, peaking at $4,811.90 in 2021. These trends suggest potential economic improvements and opportunities, though the... Read more
Average Taxable Income per Tax Return in Guadalupe County, NM over the last 9 years
Guadalupe County, New Mexico has seen a fluctuating yet overall upward trend in average taxable income per tax return over the last nine years. Starting at around $28,177.72 in 2013, the average income experienced intermittent dips and surges, peaking at approximately $42,082.76 in 2021. This trajectory might suggest improving economic conditions or shifts in the local job market, potentially offering promising opportunities for investors, real estate agents, and those looking to relocate. However, the volatility indicates that any conclusions should be approached with caution.
Average State and Local Income Taxes Per Tax Return in Guadalupe County, NM Over the Last 10 Years
Guadalupe County, New Mexico, has seen some fluctuation in average state and local income taxes per tax return over the last decade, with notable peaks in 2013 at $4,154.55 and 2020 at $4,466.67. There were dips in 2018 at $2,400.00 and a similar downtrend in 2021 to $2,750.00. This variability could indicate fluctuating incomes or changes in tax policies, which are crucial considerations for investors, real estate agents, or anyone looking to move to or build in the area.
Average Total Tax Liability Per Tax Return in Guadalupe County, NM Over the Last 10 Years
Over the past decade, Guadalupe County, New Mexico has experienced fluctuating average total tax liabilities per tax return, ranging from a low of $3,341.28 in 2016 to a high of $4,811.90 in 2021. Investors and potential residents might find this variability noteworthy as it could reflect economic changes, shifts in income levels, or policy revisions. The significant increases in 2014 and 2021 may signal growth spurts or impactful local economic events. This nuanced tax data can offer valuable insights for real estate appraisers, insurance agents, and developers considering activities in the area.
Cost of Living in Guadalupe County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,130 | $1,408 | $2,438 | $1,421 | $1,359 |
| 1 adult 4 children | $1,130 | $1,149 | $1,886 | $1,421 | $1,422 |
| 2 adults 3 children | $1,130 | $1,150 | $2,104 | $1,421 | $1,088 |
| 1 adult 3 children | $1,130 | $939 | $1,553 | $1,421 | $1,147 |
| 2 adults 2 children | $795 | $941 | $1,770 | $1,247 | $875 |
| 1 adult 2 children | $795 | $703 | $1,219 | $1,247 | $810 |
| 2 adults 1 child | $795 | $744 | $1,436 | $682 | $781 |
| 1 adult 1 child | $795 | $481 | $885 | $682 | $632 |
| 2 adults | $660 | $598 | $1,103 | $0 | $597 |
| 1 adult | $582 | $326 | $551 | $0 | $506 |
Safety trends & Data
Guadalupe County, New Mexico's property crime trends in recent years show fluctuating numbers, including a spike in motor vehicle theft at 10 incidents in 2021 and a still relatively high 7 in 2022. Burglary rates hit their peak with 4 incidents in 2020 but dropped to just 1 by 2022, hinting at possible improvements. Vandalism and larceny-theft have shown variability as well, with vandalism peaking at 4 incidents in 2021 and larceny-theft also reaching 4 incidents in some years before declining... Read more
Property Crime Trends in Guadalupe County, NM Over the Last 5 Years
Guadalupe County, New Mexico has seen fluctuating property crime trends over the past five years, with notable increases in specific areas such as motor vehicle theft, which spiked to 10 incidents in 2021 and remained relatively high with 7 in 2022. Burglary rates peaked in 2020 with 4 incidents but then declined to 1 by 2022, indicating potential improvements in this area. Crimes involving vandalism and larceny-theft have also been variable, with vandalism peaking at 4 incidents in 2021 and larceny-theft reaching highs of 4 in multiple years before dropping to 1 in 2022. This data could prove valuable for real estate agents, investors, and insurers looking to assess risk and potential security measures for properties in the area.
Demographics
Guadalupe County, New Mexico has a slightly higher male population compared to females. The educational attainment shows a significant portion of residents with just a high school diploma or some college, while a smaller, but notable group has obtained a bachelor's degree or higher. The age distribution highlights a substantial number of middle-aged adults and a considerable population over 55 years old. The racial makeup is predominantly White, with a significant presence of individuals... Read more
Race Distribution in Guadalupe County, New Mexico (2022)
Educational Attainment in Guadalupe County, New Mexico (2022)
Age Distribution in Guadalupe County, New Mexico
Citizen Population in Guadalupe County, New Mexico (2022)
Political Trends & Data
In Guadalupe County, New Mexico, the real estate market could be influenced by its notable Democratic lean, with about 56% of the vote in the 2020 U.S. Presidential Election. This political tilt may impact local policies and community initiatives, potentially making the area more appealing to buyers seeking a certain political culture. As Democrats tend to focus on social infrastructure, this demographic shift might also encourage investments in public amenities, subtly affecting property... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Guadalupe County, New Mexico, the 2020 U.S. Presidential Election saw a notable tilt towards the Democrats with approximately 56% of the vote, compared to Republicans who garnered around 42%. Minor parties like the Libertarians and Greens made a minimal impact, collectively amassing less than 2% of the vote. This suggests a significant Democratic lean in an otherwise competitive landscape.
41.89% of voters voted for the Republican party in the 2020 Presidential Election
56.37% of voters voted for the Democrat party in the 2020 Presidential Election
0.96% of voters voted for the Livertarian party in the 2020 Presidential Election
0.37% 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
Guadalupe County, New Mexico has experienced a decline in student-to-teacher ratios from around 12:1 in 2014 to approximately 8:1 in 2023. With the current national average at 14:1, this trend could make the county more attractive to families and educational professionals. Lower ratios often indicate better educational outcomes, which might drive up property values and appeal. For real estate agents, this factor could serve as a strong selling point, emphasizing the potential for more... Read more
Student-to-teacher ratio in Guadalupe County, New Mexico over the last 10 years
Guadalupe County, New Mexico has seen a gradual decrease in the student-to-teacher ratio over the past decade, moving from around 12 students per teacher in 2014 to approximately 8 students per teacher in 2023. This trend is advantageous for those considering moving to the area or investing in local schools, as lower ratios typically imply more personalized attention for students and potentially better educational outcomes. With the current national average standing at 14 students per teacher, Guadalupe County’s lower ratios could be a significant selling point for real estate agents and appraisers, indicating a community that might be more appealing to families and educational professionals. Additionally, lower student-to-teacher ratios may also influence insurance assessments and property valuations, as these factors are often linked to the desirability and perceived quality of the local educational system.
