Garfield County Real Estate and Livability Trends
Garfield County, Utah, has seen a notable rise in median home values from $156,600 in 2015 to $237,800 in 2022, making it an attractive, appreciating yet affordable market compared to broader averages. Increased economic opportunities could be driving local income gains, with the average taxable income climbing from $39,609.05 in 2013 to about $66,898.72 in 2021. Additionally, there’s a rise in... Read more
Garfield County Market Trends
In Garfield County, Utah, median home values jumped from $156,600 in 2015 to $237,800 in 2022, presenting a more affordable yet appreciating market compared to state and national averages. Another noteworthy trend is the significant rise in average residential energy tax credits, reaching as high as $1,800.00 in 2019, which might suggest an increase in energy-efficient home improvements.... Read more
Median Value of Occupied Housing Units in Garfield County, Utah Over the Last 8 Years
Over the last eight years, median home values in Garfield County, Utah have experienced a steady increase, jumping from $156,600 in 2015 to $237,800 in 2022. This growth, although significant, sits below the statewide median which soared from $215,900 to $408,500 within the same period. Comparatively, Garfield County's home values are higher than the national median which increased from $125,500 to $179,400. For potential investors or those planning to relocate, this trend suggests a relatively affordable yet appreciating market in Garfield County, offering a middle ground between national and state averages.
Residential Energy Tax Credit Per Tax Return in Garfield County, UT Over the Last 3 Years
Over the last three years, Garfield County, Utah has seen a substantial increase in the average residential energy tax credit per tax return. From $175.00 in 2013 to a remarkable $1,800.00 in 2019, this trend could indicate growing investments in energy-efficient home improvements or renewable energy installations among residents. For real estate agents, appraisers, and investors, this pattern suggests potential added value in properties featuring energy-saving features. Additionally, insurance agents and homeowners might see benefits from the improved energy efficiency impacting property appraisals and insurance policies.
Average Real Estate Taxes Per Tax Return in Garfield County, UT Over the Last 10 Years
Garfield County, Utah, has seen a notable rise in average real estate taxes per tax return over the last decade. Starting at $1,375.00 in 2012, there has been a relatively steady increase, reaching $2,133.33 by 2021. Significant jumps, particularly between 2017 and 2018 ($1,460.00 to $2,076.92), suggest shifts in property values or local tax policies. For potential investors, real estate agents, and those considering a move, this pattern might indicate a growth trajectory in property valuations. Furthermore, those in related fields like appraising and insurance should consider these trends for accurate assessments and quotations.
Percentage of Farm Returns in Garfield County, UT Over the Last 10 Years
Farm tax returns in Garfield County, Utah have shown varying percentages over the last decade, generally hovering around 8.34% to 10.45%. There was a peak in 2018 at 10.45% and a noticeable dip in 2021 to 8.35%. Investors and those considering agriculture-related ventures might find the fluctuating percentages indicative of changing economic factors or farming conditions in the county. These shifts could be crucial for making informed decisions about moving to, investing in, or developing property in the area.
Number of Mortgages by Occupancy Type in Garfield County, UT Over the Last 5 Years in Garfield County
From 2018 to 2022 in Garfield County, Utah, the number of mortgages for principal residences saw a noticeable increase, highlighting potential growth in the residential real estate market. Investment properties and second residences had relatively stable numbers, with slight fluctuations. This trend suggests that more individuals and families might be relocating to the area, boosting demand for primary homes, which could attract developers and investors alike. Real estate agents and appraisers would be keen to note this growth in principal residences, indicating a shift towards a more settled population. Insurance agents might find this interesting as the risk profiles could be changing, particularly with principal residences outpacing other types of properties.
Economic Outlook
In Garfield County, Utah, the average taxable income per tax return has seen a notable increase, rising from $39,609.05 in 2013 to $66,898.72 in 2021. This could be indicative of rising economic opportunities or demographic shifts. Over the past decade, state and local income taxes per tax return have also grown, from $3,876.19 in 2012 to $9,593.33 in 2021, hinting at a bolstering economy. Furthermore, total tax liabilities per tax return have seen significant fluctuations, peaking at... Read more
Average Taxable Income per Tax Return in Garfield County, UT over the last 9 years
In Garfield County, Utah, the average taxable income per tax return has shown a general upward trend over the past nine years. Starting at $39,609.05 in 2013, the figure saw consistent yet modest growth until 2019, reaching $47,897.79. Notably, a more significant spike occurred between 2019 and 2021, with average taxable income jumping to $66,898.72. This could be indicative of rising economic opportunities or demographic shifts, making it potentially attractive for investors, real estate agents, and those exploring new residential areas.
Average State and Local Income Taxes Per Tax Return in Garfield County, UT Over the Last 10 Years
Over the past decade, Garfield County, Utah has seen a marked increase in average state and local income taxes per tax return, escalating from around $3,876.19 in 2012 to approximately $9,593.33 in 2021. This trend suggests growing tax contributions likely tied to rising incomes or tax rate adjustments. For those interested in investing or moving to the area, this could point to a strengthening economy. Real estate agents and appraisers might interpret these figures as indicative of an improving market, while insurance agents and property builders could view this as a sign of stability and potential growth.
Average Total Tax Liability Per Tax Return in Garfield County, UT Over the Last 10 Years
Over the past decade, Garfield County, Utah has experienced significant fluctuations in average total tax liabilities per tax return. Starting at $4,639.29 in 2012, there was a notable peak in 2021, reaching $10,663.48. Key observations include a steady rise from 2015's $5,116.45 to 2016’s $5,696.67 and then a sharp increase from 2019’s $5,518.54 to 2020’s $8,585.26. These trends can suggest rising property values, increased income levels, or changes in tax policies, each influencing the cost of living and potential investment value in the area. This trajectory may be of particular interest to potential investors, real estate agents, and appraisers.
Cost of Living in Garfield County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,005 | $1,395 | $2,063 | $1,467 | $1,409 |
| 1 adult 4 children | $1,005 | $1,140 | $1,574 | $1,467 | $1,528 |
| 2 adults 3 children | $1,005 | $1,140 | $1,792 | $1,467 | $1,162 |
| 1 adult 3 children | $1,005 | $931 | $1,303 | $1,467 | $1,258 |
| 2 adults 2 children | $826 | $933 | $1,521 | $1,270 | $993 |
| 1 adult 2 children | $826 | $697 | $1,032 | $1,270 | $980 |
| 2 adults 1 child | $826 | $738 | $1,250 | $632 | $865 |
| 1 adult 1 child | $826 | $476 | $761 | $632 | $715 |
| 2 adults | $731 | $593 | $979 | $0 | $690 |
| 1 adult | $552 | $323 | $489 | $0 | $565 |
Safety trends & Data
Garfield County, Utah has observed a slight increase in property crime over the past two years. In 2021, incidents were minimal with single instances of burglary, motor vehicle theft, and vandalism, plus two fraud cases. By 2022, burglary incidents had doubled and larceny-theft cases emerged. Although crime rates remain low, these changes could potentially impact local real estate dynamics, insurance assessments, and investment... Read more
Property Crime Trends in Garfield County, UT Over the Last 2 Years
Garfield County, Utah has seen a small yet noticeable shift in property crime trends over the last two years. In 2021, the county reported isolated instances of burglary, motor vehicle theft, and vandalism, each with only one recorded incident, alongside a slightly higher number of fraud cases, totaling two. By 2022, while burglary incidents doubled, new cases of larceny-theft also appeared. With crime levels remaining relatively low, these trends might suggest emerging areas of concern which could influence local real estate dynamics, insurance evaluations, and investment opportunities.
Demographics
Garfield County, Utah, sees a slightly higher male population compared to females. Educationally, its residents primarily hold high school diplomas or some college experience, though fewer pursue higher degrees. The age distribution leans towards adults between 25 to 34 and seniors above 65, with fewer young adults present. Racially, the county is predominantly White, with small representations from Native American and other communities – a diversity gap that might impact social dynamics and... Read more
Race Distribution in Garfield County, Utah (2022)
Educational Attainment in Garfield County, Utah (2022)
Age Distribution in Garfield County, Utah
Citizen Population in Garfield County, Utah (2022)
Political Trends & Data
Garfield County, Utah, appears to have a predominantly conservative voter base, as the 2020 U.S. Presidential Election results indicate Republicans possibly securing close to 79% of the vote. Democrats may have only garnered around 19%, with Libertarians and other parties having minimal influence. This trend is likely reflective of the broader political tendencies in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Garfield County, Utah, showed a strong leaning towards the Republican party in the 2020 U.S. Presidential Election, with Republicans possibly securing nearly 79% of the vote. Democrats may have garnered around 19%, while Libertarians and other parties appear to have had a minimal impact. This trend suggests a predominantly conservative voter base within the county.
78.99% of voters voted for the Republican party in the 2020 Presidential Election
18.81% of voters voted for the Democrat party in the 2020 Presidential Election
1.35% of voters voted for the Livertarian party in the 2020 Presidential Election
0.40% of voters voted for the Green party in the 2020 Presidential Election
0.44% of voters voted for the Other party in the 2020 Presidential Election
School Data
Garfield County, Utah has seen student-to-teacher ratios rise starkly from 16 in 2020 to 39 in 2022 and 2023, well above the national average of 14. This trend could potentially deter families focused on education, impacting the real estate market by making the area less appealing to buyers with school-going children. Real estate developers might find an opportunity to invest in educational infrastructure to attract families, while insurance agents and appraisers may need to factor in these... Read more
Student-to-teacher ratio in Garfield County, Utah over the last 6 years
Garfield County, Utah has seen fluctuating student-to-teacher ratios over the last six years, with a notable rise from 16 in 2020 to 39 in 2022 and 2023. These ratios significantly exceed the national average of 14 students per teacher. Such high ratios could potentially impact the quality of education, making it a concern for families considering relocating to the area. For real estate agents and property investors, this trend might influence the attractiveness of the locale to potential buyers focused on educational opportunities. Insurance agents and appraisers might also consider these changes, as they could affect local community dynamics and property evaluations. Real estate developers might see an opportunity here to advocate for or invest in educational infrastructure to attract families.
