Los Alamos County Real Estate and Livability Trends
Los Alamos County, New Mexico, has seen a notable increase in average taxable income per tax return, climbing from $97,408.34 in 2013 to $129,490.55 by 2021, suggesting a robust economic environment and potentially higher disposable incomes among residents. Median home values have similarly surged, from $274,200 in 2015 to $412,700 in 2022, outpacing state and national trends. Real estate taxes... Read more
Los Alamos County Market Trends
Los Alamos County, New Mexico, has experienced a remarkable rise in median home values, leaping from $274,200 in 2015 to $412,700 in 2022, outpacing both state and national trends and suggesting a strong housing demand. Residential energy tax credits have also significantly increased, peaking at $4,433.33 in 2018, indicative of substantial returns from energy-efficient home upgrades. Real estate... Read more
Median Value of Occupied Housing Units in Los Alamos County, New Mexico Over the Last 8 Years
Los Alamos County, New Mexico, has seen a significant rise in median home values over the past eight years, jumping from $274,200 in 2015 to $412,700 in 2022. This growth rate outpaces both the state and national trends. While New Mexico’s median home value increased from $160,300 to $216,000 in the same period, and the national median went from $125,500 to $179,400, Los Alamos County's steep escalation could suggest a strong demand for housing in this area. This growth could make the county appealing for investors and homebuyers looking for appreciating assets, but it may also hint at increasing barriers to entry for new residents.
Residential Energy Tax Credit Per Tax Return in Los Alamos County, NM Over the Last 9 Years
Los Alamos County, New Mexico has seen a noteworthy rise in average residential energy tax credits over the last nine years. Starting at $523.33 in 2013, the amount increased significantly, with a striking peak in 2018 at $4433.33, and has continued to remain elevated above $1700.00 since 2017. This upward trajectory implies that investments in energy-efficient home upgrades in the county are likely paying off substantially in terms of tax savings. Such trends could be highly relevant for prospective homeowners, real estate agents, and developers looking to capitalize on energy efficiency investments.
Average Real Estate Taxes Per Tax Return in Los Alamos County, NM Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Los Alamos County, New Mexico have generally trended upward, increasing from around $2,419.91 in 2012 to approximately $3,683.33 in 2021. This steady rise might suggest growing property values or shifts in local tax policy, making it a relevant factor for potential investors, prospective homeowners, insurance agents, and real estate professionals analyzing the market. Those considering building or buying property should consider the escalating tax implications as part of their financial planning.
Percentage of Farm Returns in Los Alamos County, NM Over the Last 10 Years
Los Alamos County, New Mexico has seen a steady decrease in farm tax returns over the past decade. Starting at approximately 0.88% in 2012, the percentage has gradually declined to around 0.41% by 2021. This trend is notable for investors and potential residents because it could indicate shifting economic priorities or a move away from agricultural land use. This trend might also affect real estate dynamics, as fewer farm returns could signal increased opportunities for non-agricultural development.
Number of Mortgages by Occupancy Type in Los Alamos County, NM Over the Last 5 Years in Los Alamos County
Los Alamos County, New Mexico has shown fluctuating mortgage counts over the past five years across different occupancy types. Principal residences consistently dominate, peaking in 2020 with 1755 mortgages, suggesting stable or increasing demand for permanent living spaces. Investment property mortgages also saw a spike in 2020 but have trended downwards since, indicating potentially less appetite for rental properties or economic shifts. Second residences remain minimal, highlighting either limited demand for vacation homes or a focus on primary and investment residences. Recognizing these patterns helps investors gauge market stability and potential return on investment while guiding real estate agents in advising clients on high-demand property types. For insurance agents and appraisers, the prevalent occupancy type can influence risk assessment and valuation practices. Understanding these shifts provides a nuanced view of the real estate landscape, beneficial for those looking to move to or operate in the county.
Economic Outlook
Los Alamos County, New Mexico, has experienced a consistent rise in average taxable income per tax return, growing from $97,408.34 in 2013 to $129,490.55 by 2021. This trend suggests a robust economic environment and potentially higher disposable incomes among residents, which might contribute to a stable and attractive real estate market. Additionally, the increase in average state and local income taxes, rising from $6,057.78 in 2012 to $8,785.27 in 2021, indicates either higher incomes or... Read more
Average Taxable Income per Tax Return in Los Alamos County, NM over the last 9 years
Over the past nine years, Los Alamos County, New Mexico, has seen a steady increase in average taxable income per tax return. Starting at $97,408.34 in 2013, it has risen to $129,490.55 by 2021. The implications for potential investors and residents might include a robust economic environment and higher disposable incomes, which could translate to increased purchasing power and a stable real estate market. This trend could also be of interest to appraisers and insurance agents, indicating that the county's financial health is on an upward trajectory.
Average State and Local Income Taxes Per Tax Return in Los Alamos County, NM Over the Last 10 Years
Over the past decade, Los Alamos County, New Mexico has seen a noticeable increase in average state and local income taxes per tax return, starting at $6,057.78 in 2012 and rising steadily to $8,785.27 by 2021. This trend suggests a growing tax burden on residents, which might be indicative of higher incomes or increased local tax rates. For those considering investing, moving, appraising, insuring, or developing property in the area, these rising taxes could impact financial planning and the overall cost of living, making it crucial to factor in these trends when making decisions.
Average Total Tax Liability Per Tax Return in Los Alamos County, NM Over the Last 10 Years
Over the past decade, Los Alamos County, New Mexico has witnessed a noticeable upward trend in average total tax liability per tax return. Starting at $16,867.14 in 2012, the figure saw slight fluctuations before rising sharply to $21,776.57 in 2021. This incremental increase may reflect broader economic shifts, possibly influenced by local development, changes in income levels, or shifts in property values. For investors, real estate agents, and potential residents, these trends could hint at a burgeoning economic landscape and potentially increasing property values, making it a locale worth monitoring closely.
Cost of Living in Los Alamos County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,598 | $1,653 | $2,438 | $1,719 | $1,878 |
| 1 adult 4 children | $1,598 | $1,350 | $1,886 | $1,719 | $1,958 |
| 2 adults 3 children | $1,598 | $1,350 | $2,104 | $1,719 | $1,583 |
| 1 adult 3 children | $1,598 | $1,102 | $1,553 | $1,719 | $1,687 |
| 2 adults 2 children | $1,195 | $1,105 | $1,770 | $1,509 | $1,232 |
| 1 adult 2 children | $1,195 | $826 | $1,219 | $1,509 | $1,214 |
| 2 adults 1 child | $1,195 | $874 | $1,436 | $825 | $1,027 |
| 1 adult 1 child | $1,195 | $564 | $885 | $825 | $893 |
| 2 adults | $936 | $702 | $1,103 | $0 | $753 |
| 1 adult | $860 | $383 | $551 | $0 | $630 |
Safety trends & Data
Los Alamos County, New Mexico has shown fluctuating property crime rates over the past five years, mainly influenced by larceny-theft, peaking at 6.0 cases in 2019 and 2022. Burglary incidents were notably low, with just one case in 2020 and 2022, and vandalism appears almost negligible with only one recorded instance in 2020. Overall property crime rates appear relatively stable, with a particular emphasis on larceny-theft. This trend may be valuable for investors, real estate agents, and... Read more
Property Crime Trends in Los Alamos County, NM Over the Last 5 Years
Los Alamos County, New Mexico has shown fluctuations in property crimes over the past five years, mainly driven by variations in larceny-theft, which peaked at 6.0 cases in 2019 and again in 2022. Burglary cases were notably low, with just one incident reported in both 2020 and 2022. Vandalism appears to be minimally impacting the area, with only one reported case in 2020. These trends suggest relative stability in property crime rates, with a particular emphasis on larceny-theft as the predominant issue. This may be valuable for investors, real estate agents, and residents considering the area's security profile.
Demographics
Los Alamos County, New Mexico showcases a population where men slightly outnumber women. Education levels lean significantly towards higher degrees, with an impressive number of residents holding bachelor's and graduate degrees. The age distribution indicates a prominent middle-aged population, but there's noticeable representation across all age brackets. Racially, the area is predominantly White, with Asian and other race populations trailing far behind. These demographic insights potentially... Read more
Race Distribution in Los Alamos County, New Mexico (2022)
Educational Attainment in Los Alamos County, New Mexico (2022)
Age Distribution in Los Alamos County, New Mexico
Citizen Population in Los Alamos County, New Mexico (2022)
Political Trends & Data
In Los Alamos County, New Mexico, the 2020 U.S. Presidential Election revealed a strong Democratic tilt with around 61% of the vote, while Republicans captured about 35%. This clear political leaning suggests that homebuyers and investors might encounter a community with likely progressive policies and values. Minor parties had a minimal footprint, highlighting a mostly two-party dynamic, which may influence local governance and policy-making impacting real estate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In the 2020 U.S. Presidential Election, Los Alamos County, New Mexico leaned heavily towards the Democratic party, with approximately 61% of the vote share. Republicans garnered roughly 35%, indicating a substantial preference difference. Minor parties like the Libertarians and Greens had minimal impact, hinting at a predominantly two-party system in this region.
34.80% of voters voted for the Republican party in the 2020 Presidential Election
61.45% of voters voted for the Democrat party in the 2020 Presidential Election
2.93% of voters voted for the Livertarian party in the 2020 Presidential Election
0.43% of voters voted for the Green party in the 2020 Presidential Election
0.39% of voters voted for the Other party in the 2020 Presidential Election
School Data
Los Alamos County, New Mexico's student-to-teacher ratio has fluctuated significantly, with a peak of 28 students per teacher in 2019, but dropping to 13 students per teacher in 2023—below the national average of 14. This shift hints at better educational resources and attention per student, potentially swaying investment in local educational infrastructure and influencing relocation decisions for families. Real estate agents, appraisers, and insurance agents may find these trends indicative... Read more
Student-to-teacher ratio in Los Alamos County, New Mexico over the last 10 years
Los Alamos County, New Mexico has experienced significant fluctuations in student-to-teacher ratios over the past decade, peaking at 28 students per teacher in 2019 before dropping closer to pre-2017 levels in recent years. Notably, the most recent figure of 13 students per teacher in 2023 is below the national average of 14, suggesting a potential improvement in educational attention and resources per student. These variations may impact decisions for those considering investments in local educational infrastructure or contemplating relocation for family-related reasons. Such changes might also interest real estate agents, appraisers, and insurance agents as they assess the desirability and stability of the area.
