Duchesne County Real Estate and Livability Trends
Duchesne County, Utah's real estate market is seeing interesting trends, influenced by fluctuating economic indicators and a notable recovery in average taxable income to $62,711.57. Median home values rose from $172,600 in 2015 to $228,600 in 2022, suggesting affordable entry points compared to the statewide median of $408,500. Energy tax credits peaked at $1,060.00 in 2020, indicating local... Read more
Duchesne County Market Trends
The median home values in Duchesne County, Utah have risen from $172,600 in 2015 to $228,600 in 2022, a trend lower than the Utah state median, which jumped to $408,500 by 2022. The area might offer more affordable entry points compared to the broader Utah market, while still delivering value appreciation. Notably, energy tax credits showed substantial volatility, peaking at $1,060.00 in 2020,... Read more
Median Value of Occupied Housing Units in Duchesne County, Utah Over the Last 8 Years
The median home values in Duchesne County, Utah have shown a consistent upward trend over the past eight years, rising from $172,600 in 2015 to $228,600 in 2022. While this growth is significant, it remains lower compared to the median values across Utah, which escalated from $215,900 in 2015 to $408,500 in 2022. Nationally, the median home values also exhibited a steady increase, from $125,500 in 2015 to $179,400 in 2022. This context might suggest that those looking to invest or move to Duchesne County could find relatively more affordable options compared to the broader Utah market, while still enjoying property value appreciation.
Residential Energy Tax Credit Per Tax Return in Duchesne County, UT Over the Last 8 Years
In Duchesne County, Utah, the average residential energy tax credit per tax return has shown considerable volatility over the past eight years. Starting from $300.00 in 2013, it spiked dramatically in 2017 to $850.00, then dipped slightly in 2019 before soaring to $1,060.00 in 2020, ultimately settling at $987.50 in 2021. These fluctuations may indicate varying levels of local investment in energy-efficient initiatives and changing state or federal incentives that potentially drive greater engagement in sustainable home improvements. This trend could be insightful for investors, real estate agents, and appraisers when advising clients on potential tax benefits linked to energy-efficient property enhancements in the area.
Average Real Estate Taxes Per Tax Return in Duchesne County, UT Over the Last 10 Years
Duchesne County, Utah has experienced a significant increase in average real estate taxes over the past decade. In 2012, average taxes per return were approximately $1,525.64, rising steadily to around $2,820.00 in 2021. This steady escalation might pique the interest of potential investors, real estate agents, and property developers, indicating robust economic growth or increased property valuations in the area. For appraisers and insurance agents, understanding these trends is invaluable for accurately assessing property values and risk. Such a pattern may also impact the overall cost of living for residents, influencing decisions to move into or out of the county.
Percentage of Farm Returns in Duchesne County, UT Over the Last 10 Years
In the past decade, Duchesne County, Utah, has seen a relatively stable percentage of farm tax returns fluctuating between 11.77% and 13.10%. This consistency might suggest a steady agricultural sector, making it a potentially reliable area for investment in farm properties or related businesses. Farm tax returns typically reflect income derived from farming activities, which can encompass anything from crop production to livestock breeding. Stability in this sector could mean lower risk for those looking to capitalize on agricultural opportunities in the area.
Number of Mortgages by Occupancy Type in Duchesne County, UT Over the Last 5 Years in Duchesne County
In Duchesne County, Utah, the mortgage landscape has seen a notable rise in principal residence loans over the past five years, peaking in 2021 with 1,610 mortgages, a significant increase from 823 in 2018. Investment properties and second residences have shown minor fluctuations but remain relatively stable, with investment property mortgages hovering around 50 annually. Changes in occupancy type can impact local economies, property values, and taxation. For potential investors, a higher number of principal residence mortgages might suggest a stable, increasing population, driving demand for residential services and infrastructure. Appraisers and insurance agents might also find that higher principal occupancy can influence property valuations and risk assessments, respectively.
Economic Outlook
Duchesne County, Utah's real estate market may be influenced by the notable shifts in economic indicators over the past decade. Average taxable income peaked at $71,256.24 in 2014 but dipped to $52,496.81 in 2016, before recent figures show a recovery to $62,711.57. Tax liabilities have similarly fluctuated, reaching a high of $12,095.45 in 2014 and a low of $7,421.33 in 2016, with a gradual rise to $9,302.62 in 2021. These financial swings, along with the substantial jumps in state and local... Read more
Average Taxable Income per Tax Return in Duchesne County, UT over the last 9 years
The average taxable income per tax return in Duchesne County, Utah has experienced fluctuations over the past nine years, with highs peaking at $71,256.24 in 2014 and lows dipping to $52,496.81 in 2016. Recent trends show a recovery, with 2021 figures reaching $62,711.57, roughly aligning with earlier peaks. These variations could imply economic instability, likely impacting investment and real estate decisions, as well as insurance considerations tied to local economic health.
Average State and Local Income Taxes Per Tax Return in Duchesne County, UT Over the Last 10 Years
Duchesne County, Utah has seen fluctuating average state and local income taxes per tax return over the last decade, hitting a low of approximately $5019.63 in 2016 and spiking to around $8170.18 in 2021. Notably, there was a substantial increase from 2017 to 2018, with a jump from roughly $5319.91 to $7000.00, and this upward trend continued through 2021. This volatility and eventual surge in tax amounts could be pertinent for potential investors, residents, and real estate stakeholders, reflecting varying economic conditions and possibly impacting financial planning.
Average Total Tax Liability Per Tax Return in Duchesne County, UT Over the Last 10 Years
In Duchesne County, Utah, the average total tax liability per tax return has shown notable fluctuations over the past decade. The highest point was in 2014 with a value of $12,095.45, while 2016 reached a low of $7,421.33. Recent years have seen a gradual increase, with 2021 closing at $9,302.62. These trends may imply changing economic conditions or demographic shifts and could be a crucial factor for potential investors, homebuyers, and real estate agents when assessing the financial landscape of the county.
Cost of Living in Duchesne County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,138 | $1,391 | $2,063 | $1,467 | $1,435 |
| 1 adult 4 children | $1,138 | $1,136 | $1,574 | $1,467 | $1,555 |
| 2 adults 3 children | $1,138 | $1,137 | $1,792 | $1,467 | $1,188 |
| 1 adult 3 children | $1,138 | $928 | $1,303 | $1,467 | $1,286 |
| 2 adults 2 children | $847 | $931 | $1,521 | $1,270 | $971 |
| 1 adult 2 children | $847 | $695 | $1,032 | $1,270 | $948 |
| 2 adults 1 child | $847 | $735 | $1,250 | $632 | $845 |
| 1 adult 1 child | $847 | $475 | $761 | $632 | $695 |
| 2 adults | $711 | $591 | $979 | $0 | $657 |
| 1 adult | $567 | $322 | $489 | $0 | $545 |
Safety trends & Data
Property crime trends in Duchesne County, Utah, have been fluctuating over the past five years, with larceny-theft reaching a high of 81 incidents in 2018 and dropping to a minimum of 52 in 2021. Vandalism showed its highest count in 2020 with 36 occurrences, while motor vehicle theft has remained relatively steady, peaking at 11 in 2021. Burglary incidents dipped from 13 in 2019 to 6 in 2022. These trends could influence decisions for potential investors or property insurers in the... Read more
Property Crime Trends in Duchesne County, UT Over the Last 5 Years
Property crime trends in Duchesne County, Utah, show a notable fluctuation over the past five years. Larceny-theft consistently leads with numbers reaching a high of 81 in 2018, displaying both peaks and troughs with a minimum of 52 incidents in 2021. Vandalism also saw varying occurrences with the highest being 36 in 2020, while motor vehicle theft has remained relatively steady, peaking at 11 in 2021. Despite a dip in burglary incidences from 13 in 2019 to 6 in 2022, the overall property crime landscape suggests areas of concern and opportunity for those looking to invest in or insure properties in the region.
Demographics
Duchesne County, Utah, exhibits a nearly balanced gender distribution among adults, with males slightly outnumbering females. In terms of education, over half the population has attained at least a high school diploma, yet a substantial segment lacks any post-secondary qualifications. Age demographics hint at a relatively youthful population, with significant groups under the age of 10 and between 25 to 44 years, which might influence local policies and services towards family-oriented and... Read more
Race Distribution in Duchesne County, Utah (2022)
Educational Attainment in Duchesne County, Utah (2022)
Age Distribution in Duchesne County, Utah
Citizen Population in Duchesne County, Utah (2022)
Political Trends & Data
Duchesne County, Utah, showed a strong Republican preference in the 2020 U.S. Presidential Election with around 88% of the vote going to the Republican candidate. Democratic support was much lower, capturing maybe around 10%, while third-party candidates collectively garnered only a negligible fraction. This suggests a predominantly conservative political landscape with little influence from other... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Duchesne County, Utah, likely leaned heavily Republican in the 2020 U.S. Presidential Election, showing an overwhelming preference with around 88% of the vote. Democratic support was significantly lower, possibly capturing only about 10%. The remaining votes were distributed among Libertarian, Green, and other parties, each garnering a negligible fraction of the total. This could suggest a dominant conservative presence in the area, with minimal influence from third-party candidates.
87.75% of voters voted for the Republican party in the 2020 Presidential Election
9.85% of voters voted for the Democrat party in the 2020 Presidential Election
1.25% of voters voted for the Livertarian party in the 2020 Presidential Election
0.11% of voters voted for the Green party in the 2020 Presidential Election
1.05% of voters voted for the Other party in the 2020 Presidential Election
School Data
Duchesne County, Utah has experienced a slow but steady reduction in the student-to-teacher ratio, dropping from 19 to about 18 students per teacher over the past six years, although still above the national average of 14. This trend suggests a potential enhancement in educational quality and might positively impact property values, making the area more attractive to families. Real estate agents and developers could leverage these improving ratios to appeal to prospective buyers, while... Read more
Student-to-teacher ratio in Duchesne County, Utah over the last 6 years
Over the last six years, Duchesne County, Utah has seen a gradually decreasing student-to-teacher ratio, dropping from 19 students per teacher in 2014 to approximately 18 students per teacher in 2023. While still above the national average of 14 students per teacher, this trend suggests a potential improvement in educational quality and individual attention for students. For those looking to invest in the area, this could be a signal of a strengthening educational system, which might enhance property values and desirability for families. Real estate agents and developers might want to emphasize these improving ratios when marketing to prospective buyers, as a favorable student-to-teacher ratio is often a key factor for families moving into new areas. Meanwhile, insurance agents could note the educational quality trend as part of their risk assessment for prospective clients relocating to Duchesne County.
