Pershing County Real Estate and Livability Trends
In Pershing County, Nevada, the real estate market is characterized by notable trends. The median home value jumped from $105,200 in 2015 to $164,400 in 2022, suggesting a steadily rising market. Interestingly, farm tax returns show a downward trend, potentially signaling fewer economic activities in agriculture. Mortgage patterns reveal a strong preference for principal residences, with... Read more
Pershing County Market Trends
In Pershing County, Nevada, the median home value has seen significant growth, climbing from $105,200 in 2015 to $164,400 in 2022. This rise, although less dramatic than Nevada's statewide increase, underscores the county's relatively stable real estate market. Residential energy tax credits have fluctuated, signaling a potential rise in interest for energy-efficient investments. Real estate... Read more
Median Value of Occupied Housing Units in Pershing County, Nevada Over the Last 8 Years
Over the past 8 years, the median home value in Pershing County, Nevada has increased significantly from $105,200 in 2015 to $164,400 in 2022. This contrasts with Nevada's overall housing median, which jumped more sharply from $173,700 to $373,800 in the same period. Even compared to the national trend, where values went from $125,500 to $179,400, Pershing County's home prices were relatively stable initially but saw considerable growth in the last few years. For potential investors or those considering a move, Pershing County offers a less volatile and thus potentially more stable real estate market within Nevada.
Residential Energy Tax Credit Per Tax Return in Pershing County, NV Over the Last 4 Years
Pershing County, Nevada has seen fluctuating residential energy tax credits per tax return over the past four years, with a notable rise from $320.00 in 2013 to approximately $366.67 in 2014, before settling around $333.33 in 2015 and 2016. This trend could indicate a growing interest in energy-efficient investments among homeowners, potentially driven by increasing energy costs or environmental concerns. These figures can be insightful for investors, real estate agents, and developers looking to understand community priorities and the financial incentives available to residents aiming to reduce energy consumption.
Average Real Estate Taxes Per Tax Return in Pershing County, NV Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Pershing County, Nevada have displayed considerable variability. From $1,713.64 in 2012, taxes peaked sharply in 2020 at $2,550.00, before showing a slight dip to $2,533.33 in 2021. This fluctuation could suggest changes in property values or tax rates, offering insights for investors, property developers, and residents about the evolving fiscal landscape. Such trends are key for assessing long-term investment potential and gauging the financial commitment required to own property in the area.
Percentage of Farm Returns in Pershing County, NV Over the Last 10 Years
In Pershing County, Nevada, the percentage of farm tax returns over the last decade indicates a slight fluctuation with some general decline. Starting at around 5.48% in 2012, the percentage peaks at approximately 5.77% in 2013, then generally trends downward, hitting a low of about 3.64% in 2020 before a modest recovery to 4.54% in 2021. Farm tax returns, essentially income tax filings from farming operations, can serve as an indicator of the farming sector's economic health. Investors and property developers may find these trends insightful as they reflect the profitability and stability of agricultural endeavors in the region, which can influence land values and the local economy. This variability could suggest periods of economic stress or changing agricultural practices, both crucial for understanding potential property investments.
Number of Mortgages by Occupancy Type in Pershing County, NV Over the Last 5 Years in Pershing County
Pershing County, Nevada has seen notable fluctuations in the number of mortgages for principal residences, investment properties, and second residences over the past five years. Principal residences consistently dominate the mortgage counts, revealing a stronger market preference for long-term homes, with a spike in 2021 hitting 248. Investment properties and second residences show lower, yet variable, counts suggesting shifts in investor confidence and seasonal demand. Such trends are crucial for investors and real estate agents gauging market stability and rental prospects, while appraisers and insurance agents will find the data essential for evaluating property risk and value in a dynamic market. Understanding these shifts can inform decisions about where to allocate resources, predicting future development trends, and appreciating the evolving character of neighborhood occupancy in Pershing County.
Economic Outlook
Pershing County, Nevada has seen a general upward trend in average taxable income per tax return over the past nine years, with a significant increase from $55,300.00 in 2019 to $63,248.83 in 2021. This could indicate economic growth or a demographic shift, appealing to investors, real estate agents, and insurance agents who may see rising property values and market demand. Additionally, the average total tax liability per tax return has gradually risen, peaking at $8,769.36 in 2021, which... Read more
Average Taxable Income per Tax Return in Pershing County, NV over the last 9 years
Over the past nine years, Pershing County, Nevada has seen a general upward trend in average taxable income per tax return, suggesting a modest rise in residents' earning power. Despite slight fluctuations, the substantial increase from $55,300.00 in 2019 to $63,248.83 in 2021 could signal economic growth or a shift in the demographics. This trend might appeal to investors, real estate agents, and insurance agents as it indicates potential for increasing property values and market demand. Homebuyers and builders may also find the area attractive, given the apparent financial stability and growth prospects.
Average Total Tax Liability Per Tax Return in Pershing County, NV Over the Last 10 Years
Over the past decade, Pershing County, Nevada has seen a gradual rise in the average total tax liability per tax return, with notable increases around 2015 and again in 2021. Investors and potential homeowners might find the fluctuating but overall upward trend of tax liabilities as an indicator of the county's economic adjustments and growth. In 2021, the average tax liability peaked at $8,769.36, which could reflect expanding property values or other economic factors that may influence long-term financial planning, insurance assessments, and cost of living estimations in the region.
Cost of Living in Pershing County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,338 | $1,464 | $2,163 | $1,711 | $1,196 |
| 1 adult 4 children | $1,338 | $1,195 | $1,675 | $1,711 | $1,345 |
| 2 adults 3 children | $1,338 | $1,196 | $1,867 | $1,711 | $978 |
| 1 adult 3 children | $1,338 | $976 | $1,378 | $1,711 | $1,105 |
| 2 adults 2 children | $954 | $979 | $1,571 | $1,482 | $773 |
| 1 adult 2 children | $954 | $731 | $1,082 | $1,482 | $769 |
| 2 adults 1 child | $954 | $774 | $1,274 | $741 | $695 |
| 1 adult 1 child | $954 | $500 | $785 | $741 | $566 |
| 2 adults | $740 | $622 | $978 | $0 | $547 |
| 1 adult | $638 | $339 | $489 | $0 | $444 |
Safety trends & Data
Property crime trends in Pershing County, Nevada have shown variability, with burglary incidents increasing from 1 in 2018 to 7 by 2020. Motor vehicle thefts remained somewhat consistent but generally higher, at 3 incidents in both 2018 and 2020. Vandalism cases, absent in 2018, spiked to 6 by 2020. Understanding these trends could be crucial for potential investors or residents, as they can influence decisions on property investments, insurance rates, and security... Read more
Property Crime Trends in Pershing County, NV Over the Last 3 Years
Pershing County, Nevada has seen a fluctuation in property crime over the past three years. Burglary incidents notably increased from 1 in 2018 to 7 by 2020. Motor vehicle thefts were somewhat consistent but higher than other categories, with 3 incidents in both 2018 and 2020. Vandalism was absent in 2018 but rose to 1 in 2019 and then spiked to 6 in 2020. Arson, fraud, and embezzlement had minimal occurrences throughout this period. For potential investors or residents, understanding these trends could provide insights into local crime dynamics, influencing decisions on property investments, insurance premiums, and security measures.
Demographics
Pershing County, Nevada shows a significant gender imbalance with nearly twice as many males as females. Educational attainment leans heavily towards high school graduates, while advanced degree holders are relatively scarce. The age distribution is fairly diverse, with a notable concentration of residents in the 25-44 age bracket. Racially, the population is predominantly White, with "Some other race" making up a smaller yet noticeable... Read more
Race Distribution in Pershing County, Nevada (2022)
Educational Attainment in Pershing County, Nevada (2022)
Age Distribution in Pershing County, Nevada
Citizen Population in Pershing County, Nevada (2022)
Political Trends & Data
In Pershing County, Nevada, the 2020 U.S. Presidential Election results show a strong leaning towards the Republican party, capturing nearly 75% of the vote. Democrats received about 24%, indicating some support but not enough to sway the overall conservative trend. This political landscape, with limited traction for other parties, could influence local and state political dynamics, shaping policy and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Pershing County, Nevada, the voting patterns from the 2020 U.S. Presidential Election indicate a strong preference for the Republican party, with nearly 75% of the votes potentially signaling a predominantly conservative voter base. Democrats garnered about 24% of the vote, suggesting limited but notable support in the region. Minimal traction for Libertarian and other parties reveals a landscape that might lean heavily towards the two major parties, potentially influencing local and state political dynamics.
74.61% of voters voted for the Republican party in the 2020 Presidential Election
23.58% of voters voted for the Democrat party in the 2020 Presidential Election
0.65% of voters voted for the Livertarian party in the 2020 Presidential Election
1.16% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the last nine years, Pershing County, Nevada’s student-to-teacher ratio has seen noticeable fluctuations. Starting in 2014, the ratio steadily declined, reaching a low of around 11 students per teacher by 2017, and continued dropping to below 10 by 2019-2020—well under the national average of 14 students per teacher. However, by 2023, the ratio rose significantly to nearly 15. These changes may reflect population dynamics or shifts in school funding. Lower ratios could appeal to... Read more
Student-to-teacher ratio in Pershing County, Nevada over the last 9 years
Over the last nine years, Pershing County, Nevada’s student-to-teacher ratio has seen noticeable fluctuations. From 2014 through 2017, the ratio steadily declined, reaching a low of around 11 students per teacher. This trend continued into 2019 and 2020, where the ratio dropped even further to below 10, significantly lower than the national average of 14 students per teacher. However, by 2023, the ratio had risen to nearly 15, indicating a shift potentially due to population changes or school funding adjustments. Lower ratios can suggest more individualized attention for students, which may be appealing to families considering a move to the area, while higher ratios might affect decisions for those looking to invest in local educational infrastructure.
