Douglas County Real Estate and Livability Trends
Douglas County, Nevada has seen significant economic and real estate growth over recent years. Average taxable income per tax return has more than doubled from $75,113.37 in 2013 to $158,266.75 by 2021, while median home values have nearly doubled from $272,000 in 2015 to $529,600 in 2022, outpacing both state and national trends. Real estate taxes have also more than doubled, rising from... Read more
Douglas County Market Trends
Median home values in Douglas County, Nevada skyrocketed from $272,000 in 2015 to $529,600 in 2022, outpacing both state- and nationwide growth. Residential energy tax credits saw spikes, notably $4888.89 per tax return in 2018, hinting at substantial energy-efficient upgrades driven by likely favorable policies. Real estate taxes more than doubled from $3,752.64 in 2012 to $8,233.54 in 2021,... Read more
Median Value of Occupied Housing Units in Douglas County, Nevada Over the Last 8 Years
Median home values in Douglas County, Nevada have surged significantly over the past eight years, jumping from $272,000 in 2015 to $529,600 in 2022. This sharp increase contrasts with the state's overall growth, where median values rose from $173,700 to $373,800 during the same period. Nationally, the trend is even more pronounced, with median home values increasing modestly from $125,500 to $179,400. These figures suggest that Douglas County is experiencing a high demand or other factors driving up property values faster than both state and national rates, which could be enticing for investors or those looking to build in the area.
Residential Energy Tax Credit Per Tax Return in Douglas County, NV Over the Last 9 Years
Douglas County, Nevada, has experienced significant fluctuations in residential energy tax credits over the past nine years, with a notable peak in 2018 at $4888.89 per tax return. This suggests periodic surges in energy-efficient investments within the community. High points in 2016 and 2019 also indicate moments where residents likely made substantial energy upgrades, potentially spurred by favorable policies or economic conditions. These trends could be important for investors, appraisers, and real estate agents to consider, as they reflect the community's evolving focus on energy efficiency, which might influence property values and attract eco-conscious buyers.
Average Real Estate Taxes Per Tax Return in Douglas County, NV Over the Last 10 Years
Over the last decade, real estate taxes in Douglas County, Nevada have shown a significant upward trend, more than doubling from $3,752.64 in 2012 to $8,233.54 in 2021. This increase could be attributed to rising property values in the area, making it a critical consideration for potential investors, homebuyers, and real estate professionals. As real estate taxes impact overall housing costs and investment returns, it's important for anyone interested in Douglas County's real estate market to be aware of this trajectory.
Percentage of Farm Returns in Douglas County, NV Over the Last 10 Years
Douglas County, Nevada has seen some slight variations in farm tax returns over the last decade, fluctuating between 0.68% and 0.76%. Despite minor changes, the percentages have remained relatively stable. Farm tax returns might reflect the number of households or entities claiming income from farm activities, giving potential investors insights into the area's agricultural engagement and economic stability. For those considering moving to or investing in Douglas County, these figures suggest a consistent agricultural presence, which could be a sign of steady economic activity in this sector.
Number of Mortgages by Occupancy Type in Douglas County, NV Over the Last 5 Years in Douglas County
Douglas County, Nevada has seen noticeable fluctuations in mortgage numbers across different occupancy types over the last five years. Principal residences consistently led the mortgage counts, peaking in 2020 with 5685 mortgages, followed by a gradual decline to 2499 in 2022. The investment property and second residence categories showed significantly lower numbers, with investment properties dropping from 291 in 2020 to 166 in 2022, and second residences also decreasing from 487 to 205 in the same period. These trends might indicate changing preferences or financial conditions influencing how properties are utilized, which could be pivotal for investors, real estate agents, and appraisers understanding market dynamics and potential return on investment. The skew towards principal residences suggests a stable demand for long-term housing, potentially making Douglas County a relatively steady market for residential real estate transactions. Conversely, the decline in investment and second residence mortgages might reflect tighter financial conditions or a shift in investor focus, signaling caution or a pivot towards other types of investments.
Economic Outlook
Over the past nine years, Douglas County, Nevada, has experienced a significant increase in average taxable income per tax return, rising from $75,113.37 in 2013 to $158,266.75 by 2021. Douglas County has also seen dramatic fluctuations in state and local income taxes, with an increase from $18,366.33 in 2017 to $47,070.80 in 2021. The upward trend in total tax liability per tax return, rising from $16,579.14 in 2012 to $35,819.75 by 2021, suggests growing affluence and a potentially booming... Read more
Average Taxable Income per Tax Return in Douglas County, NV over the last 9 years
Over the past nine years, Douglas County, Nevada, has experienced a notable increase in average taxable income per tax return. Starting at $75,113.37 in 2013, levels rose steadily, dramatically jumping to $158,266.75 by 2021. This upward trajectory suggests growing prosperity, making the county increasingly attractive for investors, potential residents, and real estate professionals. The significant rise in recent years could indicate a booming local economy, which might also influence property values and insurance costs.
Average State and Local Income Taxes Per Tax Return in Douglas County, NV Over the Last 10 Years
Douglas County, Nevada has seen significant fluctuation in average state and local income taxes per tax return over the past decade. Notably, the amount increased dramatically from $18,366.33 in 2017 to $47,070.80 in 2021, potentially signaling a growing economic footprint or changes in tax policies. This trend might be of particular interest to investors, real estate agents, and appraisers as it could imply rising incomes or shifting demographics in the area. For those considering property investment or relocation, understanding these tax dynamics might offer insights into the county's financial health and potential for future growth.
Average Total Tax Liability Per Tax Return in Douglas County, NV Over the Last 10 Years
Over the past decade, Douglas County, Nevada has seen a steady upward trajectory in the average total tax liability per tax return. Starting from approximately $16,579.14 in 2012, the amount has sharply risen to about $35,819.75 by 2021. This significant increase could suggest a growing affluence in the county, making it potentially attractive for high-income individuals and property investors. Additionally, this escalation in tax liability might reflect evolving economic conditions, property values, and local income levels that impact various stakeholders such as real estate agents, appraisers, and insurance agents.
Cost of Living in Douglas County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,848 | $1,601 | $2,291 | $1,736 | $1,515 |
| 1 adult 4 children | $1,848 | $1,307 | $1,773 | $1,736 | $1,654 |
| 2 adults 3 children | $1,848 | $1,308 | $1,977 | $1,736 | $1,258 |
| 1 adult 3 children | $1,848 | $1,067 | $1,459 | $1,736 | $1,402 |
| 2 adults 2 children | $1,300 | $1,070 | $1,663 | $1,506 | $942 |
| 1 adult 2 children | $1,300 | $800 | $1,145 | $1,506 | $967 |
| 2 adults 1 child | $1,300 | $846 | $1,349 | $756 | $818 |
| 1 adult 1 child | $1,300 | $546 | $832 | $756 | $701 |
| 2 adults | $1,080 | $680 | $1,036 | $0 | $660 |
| 1 adult | $884 | $371 | $518 | $0 | $520 |
Safety trends & Data
Property crime trends in Douglas County, Nevada, have shown a fluctuating pattern, with larceny-theft peaking at $142.00 in 2019 and declining to $76.00 in 2022. Burglary incidents also demonstrated volatility, hitting a high of $52.00 in 2020, possibly indicating key areas for security or investment focus. Vandalism and fraud remain moderate but could influence insurance rates and real estate perceptions, while motor vehicle theft remains low, suggesting a relative safety for vehicle owners.... Read more
Property Crime Trends in Douglas County, NV Over the Last 5 Years
Property crime trends in Douglas County, Nevada, reveal a fluctuating pattern over the past five years with larceny-theft consistently leading the charge, peaking at 142.00 in 2019 and gradually declining to 76.00 in 2022. Burglary incidents showed a similar volatility, hitting a high of 52.00 in 2020, suggesting potential focal points for security or investment initiatives. Vandalism and fraud have maintained moderate levels but underscore a persistent presence that could impact insurance rates and real estate perceptions. Notably, motor vehicle theft remains exceptionally low, signaling relative safety for vehicle owners. These variances highlight crucial considerations for stakeholders evaluating property investments, insurance coverage, and community development.
Demographics
Douglas County, Nevada presents a balanced gender distribution with a nearly equal number of males and females. The educational attainment skew towards some college education without a degree, indicating a significant portion of residents have pursued higher education but haven't yet completed a degree. The county's population leans older, with a sizable demographic aged 55 and above, suggesting potential impacts on healthcare and retirement services. Racial demographics show a predominantly... Read more
Race Distribution in Douglas County, Nevada (2022)
Educational Attainment in Douglas County, Nevada (2022)
Age Distribution in Douglas County, Nevada
Citizen Population in Douglas County, Nevada (2022)
Political Trends & Data
Real estate trends in Douglas County, Nevada might be influenced by its political landscape, which leans heavily conservative, with around 63% of voters favoring the Republican party in the 2020 Presidential Election. This conservative tilt could signal potential preferences for less regulation and a more business-friendly environment, possibly enticing developers and investors. The Democratic vote was significantly lower, at about 34%, and minor parties had minimal impact, which could suggest... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Douglas County in Nevada showed a distinct lean towards the Republican party in the 2020 U.S. Presidential Election, with potential indicators being a large majority of votes, around 63%, favoring them. The Democratic votes trailed significantly, possibly reflecting the county’s conservative tilt, amounting to roughly 34%. Minor parties like the Libertarians and others made minimal impact, suggesting limited local sway or awareness.
63.38% of voters voted for the Republican party in the 2020 Presidential Election
33.91% of voters voted for the Democrat party in the 2020 Presidential Election
1.19% of voters voted for the Livertarian party in the 2020 Presidential Election
1.52% of voters voted for the Other party in the 2020 Presidential Election
School Data
Douglas County, Nevada's student-to-teacher ratio has fluctuated significantly, dropping from 18:1 in 2014 to around 13:1 by 2019, before jumping back to nearly 17:1 in 2023. This ratio, higher than the current US average of 14:1, can influence perceptions of education quality, impacting family relocation decisions and real estate demand. These fluctuations might also signal demographic shifts or changes in school funding, which could affect property values and associated... Read more
Student-to-teacher ratio in Douglas County, Nevada over the last 9 years
Douglas County, Nevada's student-to-teacher ratio has shown significant fluctuation over the past nine years, with a notable drop from 18 students per teacher in 2014 to about 13 students per teacher by 2019. Recently, the ratio jumped back to nearly 17 in 2023, which is above the current US national average of 14. These changes could be crucial for potential investors, families considering relocation, and real estate professionals, as a lower student-to-teacher ratio often indicates better individual attention for students, impacting the perceived quality of education. Additionally, appraisers and insurance agents might view these fluctuations as reflections of demographic shifts or school funding changes, which could influence property values and risks respectively.
