Esmeralda County Real Estate and Livability Trends
Esmeralda County, Nevada, has seen its median home values fluctuate, dipping to $65,000 in 2019 and peaking at $95,500 in 2022, unlike the state’s consistent climb to $373,800. The county’s mortgage activity, particularly for principal residences, spiked in 2018-2019 before a sharp decline, while investment properties saw a peak in 2021. Real estate taxes also experienced highs and lows,... Read more
Esmeralda County Market Trends
Median home values in Esmeralda County, Nevada have shown volatility, dropping to $65,000 in 2019 and peaking at $95,500 in 2022. In contrast, Nevada's state-wide values climbed steadily from $173,700 in 2015 to $373,800 in 2022. Real estate taxes in Esmeralda County also fluctuated, peaking at $2,550.00 in 2012 before hitting a low of $1,850.00 in 2016. Mortgage activity for principal residences... Read more
Median Value of Occupied Housing Units in Esmeralda County, Nevada Over the Last 8 Years
Median home values in Esmeralda County, Nevada have experienced some fluctuations over the past eight years, with a dip to $65,000 in 2019 and a peak of $95,500 in 2022. In comparison, Nevada's state-wide median values climbed steadily from $173,700 in 2015 to $373,800 in 2022. Nationally, the median home values increased from $125,500 to $179,400 during the same period. These contrasting trends could indicate a more volatile market in Esmeralda County, potentially offering bargain opportunities or risks not seen at the state or national level.
Average Real Estate Taxes Per Tax Return in Esmeralda County, NV Over the Last 6 Years
Esmeralda County, Nevada has seen some fluctuations in real estate taxes over the last six years. Average taxes per tax return peaked at $2,550.00 in 2012 but experienced a decline, hitting a low of $1,850.00 in 2016. Slight upticks occurred in 2014 and 2017 with values of $2,200.00 and $2,025.00 respectively. This trend might be of interest to potential investors, real estate agents, and insurance providers, signifying possible variability in local real estate tax policies or property values over time.
Number of Mortgages by Occupancy Type in Esmeralda County, NV Over the Last 5 Years in Esmeralda County
Over the past five years in Esmeralda County, Nevada, there have been noticeable fluctuations in mortgage counts based on occupancy type. Principal residences saw substantial activity in 2018 and 2019 and then decreased dramatically by 2020. In contrast, investment properties have grown somewhat inconsistently, peaking in 2021. The count for second residences has remained relatively stable with minor variations. These shifts can provide insights for real estate investors, builders, and insurance agents as they signal changes in housing demand, investment interest, and potentially even demographic trends in the region. For appraisers and agents, understanding these dynamics enables more accurate property valuations and strategic business decisions.
Economic Outlook
In Esmeralda County, Nevada, the average taxable income per tax return has generally been trending upwards over the past nine years, rising from $44,884.21 in 2013 to $58,523.08 in 2021. This suggests a resilient local economy, potentially favorable for business and real estate developments. However, average total tax liability per tax return has shown volatility, increasing from $5,080.65 in 2012 to $10,806.45 in 2021, with notable fluctuations possibly reflecting economic shifts or changes in... Read more
Average Taxable Income per Tax Return in Esmeralda County, NV over the last 9 years
Over the past nine years in Esmeralda County, Nevada, the average taxable income per tax return has generally shown an upward trend. Starting from $44,884.21 in 2013, there have been fluctuations, but the income increased to $58,523.08 by 2021. Notable jumps occurred between 2016-2017 and 2019-2020, indicating potential economic growth periods. For those considering investing, moving, or building in Esmeralda County, this steady rise suggests a resilient local economy, potentially signaling favorable conditions for business and real estate developments.
Average Total Tax Liability Per Tax Return in Esmeralda County, NV Over the Last 10 Years
Over the last decade, Esmeralda County, Nevada has seen notable fluctuations in average total tax liability per tax return. In 2012, the average was about $5,080.65, rising significantly to $10,806.45 by 2021. Peaks and troughs along the way, such as a notable rise in 2014 to approximately $7,496.67 and a dip in 2019 to roughly $6,286.21, suggest a volatile but upward trend that may impact those considering financial strategies in the region. This volatility is possibly indicative of economic shifts or changes in tax policy, making it an essential area of focus for investors, realtors, appraisers, or anyone interested in the local market dynamics.
Cost of Living in Esmeralda County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,427 | $1,399 | $2,163 | $1,260 | $1,116 |
| 1 adult 4 children | $1,427 | $1,143 | $1,675 | $1,260 | $1,268 |
| 2 adults 3 children | $1,427 | $1,143 | $1,867 | $1,260 | $914 |
| 1 adult 3 children | $1,427 | $933 | $1,378 | $1,260 | $1,027 |
| 2 adults 2 children | $1,009 | $936 | $1,571 | $1,093 | $728 |
| 1 adult 2 children | $1,009 | $699 | $1,082 | $1,093 | $702 |
| 2 adults 1 child | $1,009 | $740 | $1,274 | $549 | $690 |
| 1 adult 1 child | $1,009 | $478 | $785 | $549 | $559 |
| 2 adults | $767 | $594 | $978 | $0 | $569 |
| 1 adult | $675 | $324 | $489 | $0 | $464 |
Safety trends & Data
Property crime trends in Esmeralda County, Nevada, show some intriguing shifts that may catch the attention of potential stakeholders. From 2018 to 2020, motor vehicle theft increased from 1.00 to 3.00, suggesting a potential rise in vehicle-related risks. There's also an isolated case of forgery and counterfeiting in 2018. While the overall activity is minimal due to the small sample size, these fluctuations are significant for appraisers, insurance agents, and anyone thinking about investing... Read more
Property Crime Trends in Esmeralda County, NV Over the Last 2 Years
Property crime trends in Esmeralda County, Nevada, offer some unique insights for potential stakeholders. From 2018 to 2020, the data hints at sporadic incidents: motor vehicle theft saw an uptick from 1.00 in 2018 to 3.00 in 2020, indicating a possible increase in vehicular vulnerability. Additionally, there was one case of forgery and counterfeiting in 2018. While the small sample size suggests minimal overall activity, fluctuations in specific categories could be critical for appraisers, insurance agents, and those considering investments or relocations.
Demographics
Esmeralda County, Nevada, appears to have a predominantly male adult population, suggesting potential gender-specific implications for services and community planning. Educational attainment levels show a significant chunk of the population with some college education but no degree, hinting at possible opportunities for local educational institutions to step up their outreach or for employers to offer educational incentives. Age distribution leans heavily toward the 55 to 64 age group, possibly... Read more
Race Distribution in Esmeralda County, Nevada (2022)
Educational Attainment in Esmeralda County, Nevada (2022)
Age Distribution in Esmeralda County, Nevada
Citizen Population in Esmeralda County, Nevada (2022)
School Data
In Esmeralda County, Nevada, the student-to-teacher ratio has oscillated dramatically over the past nine years, from a high of 17 students per teacher in 2016 to a low of around 6 in 2023. This variance stands out against the national average of 14 students per teacher and could signal a more personalized educational experience, appealing to relocating families. For appraisers and real estate agents, these ratios might hint at demographic shifts, serving as early indicators of population... Read more
Student-to-teacher ratio in Esmeralda County, Nevada over the last 9 years
In Esmeralda County, Nevada, the student-to-teacher ratio has fluctuated significantly over the past nine years, peaking at 17 students per teacher in 2016 and dropping to as low as approximately 6 students per teacher in 2023. This occasional deviation from the national average of 14 students per teacher might influence various stakeholders differently. Prospective investors and developers could see the lower ratios as a sign of a more personalized educational experience, which might appeal to families looking to relocate. For appraisers and real estate agents, these ratios might reflect underlying demographic shifts and can be early indicators of either a growing or shrinking population base. For insurance agents, lower ratios might suggest smaller class sizes, potentially reducing claims associated with overcrowding. Understanding these trends can also help current residents make more informed decisions about their educational and community planning.
