Emery County Real Estate and Livability Trends
In Emery County, Utah, the average taxable income per tax return has notably increased from $46,650.38 in 2013 to $58,883.50 in 2021, reflecting possible economic growth. Median home values reached $168,700 in 2022, but there was a noticeable dip in 2020 before surging again. Real estate taxes have also escalated from $1,238.10 in 2012 to $2,350.00 in 2021, suggesting rising property values and... Read more
Emery County Market Trends
Emery County, Utah's median home values reached $168,700 in 2022, following a slight dip in 2020 and a subsequent sharp increase, contrasting Utah’s more significant rise to $408,500 and the national median of $179,400. Residential energy tax credits have trended upward, peaking in 2021 at $2028.57, indicating growing investment in energy-efficient improvements. Real estate taxes per tax return... Read more
Median Value of Occupied Housing Units in Emery County, Utah Over the Last 8 Years
Emery County, Utah median home values have shown relatively steady growth over the past 8 years, with a slight dip in 2020 followed by a sharp increase, reaching $168,700 in 2022. This contrasts with Utah’s more significant rise to $408,500 in the same period, and the national median hitting $179,400. For potential investors, homeowners, or builders, this could indicate Emery County remains a more affordable option with growth potential within the state’s strong housing market.
Residential Energy Tax Credit Per Tax Return in Emery County, UT Over the Last 8 Years
Residential energy tax credits in Emery County, Utah have shown a generally upward trend over the last eight years, with a notable peak in 2021 at $2028.57. While there was some variability, such as the drop to $341.67 in 2014, the overall increase suggests growing investment in residential energy improvements. This trend can be particularly appealing to potential investors and property developers focusing on sustainable living and energy efficiency. For insurance agents and appraisers, the consistent rise in these tax credits may indicate increased homeowner commitment to long-term energy saving solutions, impacting property values positively. Real estate agents could leverage this trend to attract eco-conscious clients looking to move to or invest in Emery County.
Average Real Estate Taxes Per Tax Return in Emery County, UT Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Emery County, Utah have shown a general upward trend, starting at approximately $1,238.10 in 2012 and experiencing a notable increase to $2,350.00 by 2021. Significant bumps can be observed in 2018 and 2019, suggesting potential developments or assessments impacting property valuations. For investors or property developers, this escalation in real estate taxes implies rising property values, while appraisers and insurance agents might see this as a factor in their evaluations and risk assessments. The marked increase in 2021 could guide expectations for future tax commitments for residents and businesses considering the area.
Percentage of Farm Returns in Emery County, UT Over the Last 10 Years
Farm tax returns in Emery County, Utah, have shown only minor fluctuations over the past decade, with notable dips in 2019 and 2020, reaching lows of around 12.04% and 11.67% respectively. The highest percentage was observed in 2017, with approximately 13.11%. These variations might hint at shifts in the agricultural sector's profitability, impacting decisions for those looking to invest or settle in the area. Understanding these trends could be pivotal for potential land buyers or investors aiming at farm-related ventures.
Number of Mortgages by Occupancy Type in Emery County, UT Over the Last 5 Years in Emery County
In Emery County, Utah, the past five years have shown notable trends in mortgage activity differentiated by occupancy type. Principal residences consistently dominate the market, seeing a marked rise from 307 mortgages in 2018 to a high of 570 in 2021. Investment properties also show growth, albeit steadier, doubling from 10 in 2018 to 28 in 2021. Second residences, although fewer overall, display slight fluctuations without significant growth. Changes in occupancy type are pivotal as they reflect broader economic conditions, investment confidence, and potential market stability, thereby influencing decisions for investors, residents, builders, and real estate professionals alike. Understanding these shifts can help in predicting future market behavior and assessing property value and insurance needs accurately.
Economic Outlook
In Emery County, Utah, the average taxable income per tax return has consistently grown from $46,650.38 in 2013 to $58,883.50 in 2021, implying potential economic growth and a healthier financial climate for investments and housing demand. Meanwhile, the average state and local income taxes have increased from $3,995.10 in 2012 to $6,176.47 by 2021, with significant jumps, notably between 2017 and 2018. Over the last decade, the total tax liability per return has fluctuated, peaking at... Read more
Average Taxable Income per Tax Return in Emery County, UT over the last 9 years
Over the last nine years, Emery County, Utah has experienced a steady increase in the average taxable income per tax return. Starting at $46,650.38 in 2013, it has risen to $58,883.50 in 2021. Although there were slight fluctuations, the overall trend indicates potential economic growth, which could suggest a more favorable climate for investments, increased housing demand, and possibly a need for adjusted property appraisals. This upward trend may also interest insurance agents and real estate professionals looking to capitalize on a population with improving financial health.
Average State and Local Income Taxes Per Tax Return in Emery County, UT Over the Last 10 Years
Over the past decade, the average state and local income taxes per tax return in Emery County, Utah have generally trended upward, starting at approximately $3,995.10 in 2012 and reaching around $6,176.47 by 2021. The most notable increase occurred between 2017 and 2018, where there was a significant jump from roughly $4,531.76 to $5,768.42. This marked rise in tax burdens could be indicative of higher incomes or policy changes affecting tax rates. Prospective investors and those considering moving to Emery County should account for these tax trends as they may impact disposable income and overall cost of living.
Average Total Tax Liability Per Tax Return in Emery County, UT Over the Last 10 Years
Over the past decade, Emery County, Utah has seen fluctuations in average tax liability per return, with a notable increase from $5,320.73 in 2012 to $6,722.60 in 2021. The years have shown variability, with peaks and troughs, such as a dip to $5,372.08 in 2018 followed by a steady rise leading to the highest recorded value in 2021. These changes may suggest shifting economic conditions or tax policies impacting residents' finances, which could be of interest to potential investors, real estate professionals, and current homeowners in assessing local market trends.
Cost of Living in Emery County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,137 | $1,343 | $2,063 | $1,467 | $1,421 |
| 1 adult 4 children | $1,137 | $1,097 | $1,574 | $1,467 | $1,546 |
| 2 adults 3 children | $1,137 | $1,097 | $1,792 | $1,467 | $1,178 |
| 1 adult 3 children | $1,137 | $896 | $1,303 | $1,467 | $1,281 |
| 2 adults 2 children | $826 | $898 | $1,521 | $1,270 | $959 |
| 1 adult 2 children | $826 | $671 | $1,032 | $1,270 | $936 |
| 2 adults 1 child | $826 | $710 | $1,250 | $632 | $834 |
| 1 adult 1 child | $826 | $459 | $761 | $632 | $689 |
| 2 adults | $731 | $570 | $979 | $0 | $663 |
| 1 adult | $552 | $311 | $489 | $0 | $544 |
Demographics
Emery County, Utah reveals a fairly even split between male and female adults, hinting at a balanced gender landscape. The age distribution shows a robust younger population, with notable counts in the under-10 and 10-to-14 age brackets. Educationally, there's a significant segment with high school diplomas and some college exposure, though fewer have pursued advanced degrees. Racially, the county is predominantly White, with minimal representation from other racial groups, potentially... Read more
Race Distribution in Emery County, Utah (2022)
Educational Attainment in Emery County, Utah (2022)
Age Distribution in Emery County, Utah
Citizen Population in Emery County, Utah (2022)
Political Trends & Data
In Emery County, Utah, the 2020 U.S. Presidential Election results hint at a strong Republican preference, with nearly 86% of the votes potentially cast for the Republican candidate. Democratic support seems minimal at around 12%, and other parties collectively make up about 2%. This substantial skew could indicate a solidified Republican base, potentially influencing local and state political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Emery County, Utah, the 2020 U.S. Presidential Election results potentially showcase a strong lean toward Republican preferences, with nearly 86% of votes. Democratic support appears minimal at around 12%, while Libertarian, Green, and other parties combined barely make up about 2% of the vote. This significant skew might suggest a solidified Republican base in this area, potentially impacting local and state political strategies.
85.89% of voters voted for the Republican party in the 2020 Presidential Election
11.68% of voters voted for the Democrat party in the 2020 Presidential Election
0.96% of voters voted for the Livertarian party in the 2020 Presidential Election
0.16% of voters voted for the Green party in the 2020 Presidential Election
1.31% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Emery County, Utah, the student-to-teacher ratio has been above the national average of fourteen students per teacher over the last six years, peaking at nearly eighteen in 2019 and 2020 before settling to around sixteen. These ratios can suggest varying classroom attention and resources, potentially swaying property values and community attractiveness. Such trends may offer valuable insights for investors, families, and education professionals, helping them gauge what to expect from local... Read more
Student-to-teacher ratio in Emery County, Utah over the last 6 years
The student-to-teacher ratio in Emery County, Utah has fluctuated over the last six years, generally hovering above the national average of fourteen students per teacher. The ratio peaked at nearly eighteen students per teacher in 2019 and 2020 but has since lowered to around sixteen. For investors, families, and education professionals, these changing ratios might indicate varying levels of classroom attention and resources, potentially influencing property values and community attractiveness. Real estate agents and appraisers may also find these trends useful for understanding the market and what families might expect from local schools.
