Sevier County Real Estate and Livability Trends
Sevier County, Utah has seen a notable rise in average taxable income per tax return, growing from $47,086.20 in 2013 to $63,158.02 in 2021, suggesting economic vitality. Median home values jumped from $149,400 in 2015 to $239,400 in 2022, far outpacing national growth rates, which could intrigue potential investors. Rising state and local income taxes, now at $9,286.21, reflect higher incomes or... Read more
Sevier County Market Trends
Sevier County, Utah has seen a notable rise in median home values, growing from $149,400 in 2015 to $239,400 in 2022, significantly outperforming the national growth rate. This indicates a robust local real estate market potentially attractive to investors. Residential energy tax credits have also surged, suggesting increasing home energy efficiency investments. Meanwhile, real estate taxes have... Read more
Median Value of Occupied Housing Units in Sevier County, Utah Over the Last 8 Years
The median home values in Sevier County, Utah have demonstrated significant growth over the past eight years, shooting up from $149,400 in 2015 to $239,400 in 2022. This trend is indicative of a robust local real estate market, especially when compared to state and national averages. Utah's median home values have surged from $215,900 to $408,500 in the same period, while nationally, the median rose from $125,500 to $179,400. Such disparity underscores Sevier County as an investment with potentially high returns, making it an attractive prospect for investors and new residents alike.
Residential Energy Tax Credit Per Tax Return in Sevier County, UT Over the Last 9 Years
Sevier County, Utah has seen remarkable fluctuations in residential energy tax credits per tax return over the past nine years. From moderate values around $200.00 in early years, there was a significant spike in 2015 to $535.71, followed by an even steeper rise to $2,208.70 in 2016 and peaking at $2,970.00 in 2017. Although the credits have decreased since then, they remained substantial compared to early years, stabilizing around $1,780.00 in 2021. This upward trend in residential energy tax credits could suggest increasing investments in energy-efficient home improvements, potentially making Sevier County an attractive prospect for those interested in sustainable property initiatives.
Average Real Estate Taxes Per Tax Return in Sevier County, UT Over the Last 10 Years
Over the past decade, Sevier County, Utah has seen a noticeable upward trend in real estate taxes, rising from $1,325.00 in 2012 to $2,930.19 in 2021. This represents more than a doubling of the average real estate tax per return, which may indicate growing property values and potential development in the area. For investors and real estate professionals, this trend could signal both opportunities and higher costs. Those considering property in Sevier County should be aware of the increasing tax burden, which may be offset by the area's potential appreciation in property values.
Percentage of Farm Returns in Sevier County, UT Over the Last 10 Years
Sevier County, Utah has seen modest fluctuations in the percentage of farm tax returns over the last decade, with a slight downward trend from approximately 6.51% in 2012 to about 5.85% in 2021. Farm tax returns can highlight the agricultural activity within a region. For investors, builders, or potential residents, the consistency and changes in these percentages might offer insights into the stability and economic conditions of local agriculture, which could be crucial for assessing long-term investment viability, especially in the context of land use and development opportunities.
Number of Mortgages by Occupancy Type in Sevier County, UT Over the Last 5 Years in Sevier County
Sevier County, Utah, has seen fluctuating trends in mortgage counts over the past five years, with principal residences consistently comprising the bulk of mortgages. Notably, 2020 and 2021 experienced spikes in principal residence mortgages, peaking at 1926 and 1892, respectively. This could highlight a strong demand for owner-occupied homes, potentially driven by economic or lifestyle shifts. Investment properties and second residences, however, showed a relatively stable or slightly decreasing trend. Changes in occupancy type can influence property values, insurance rates, and investment attractiveness, making it crucial for stakeholders such as investors, appraisers, and real estate agents to closely monitor these patterns.
Economic Outlook
Sevier County, Utah has seen a remarkable rise in average taxable income per tax return, jumping from $47,086.20 in 2013 to $63,158.02 in 2021. This growth trend may catch the eye of investors and new residents, hinting at a thriving local economy. Additionally, the increase in state and local income taxes, from $4,223.23 to $9,286.21 over ten years, points to higher incomes or evolving tax policies. Real estate agents and developers may find this data helpful in gauging market potential and... Read more
Average Taxable Income per Tax Return in Sevier County, UT over the last 9 years
Sevier County, Utah has shown a notable upward trend in average taxable income per tax return over the past nine years, increasing from approximately $47,086.20 in 2013 to about $63,158.02 in 2021. This steady growth might attract potential investors and individuals looking to move to the area, as it suggests an improving economic environment. Real estate agents and property developers could also find this useful for assessing market potential, while appraisers and insurance agents may see this as an indicator of rising property values and increased financial stability among residents.
Average State and Local Income Taxes Per Tax Return in Sevier County, UT Over the Last 10 Years
Over the past decade, Sevier County, Utah has shown a notable uptick in average state and local income taxes per tax return, starting from around $4,223.23 in 2012 to approximately $9,286.21 in 2021. This steady increase might be an indicator of higher incomes or changing tax policies in the area. For potential investors, builders, and real estate agents, these tax trends could imply a growing economy, possibly affecting property demand and value. Understanding these shifts could also be crucial for appraisal, insurance, and general financial planning within the county.
Average Total Tax Liability Per Tax Return in Sevier County, UT Over the Last 10 Years
In Sevier County, Utah, the average total tax liability per tax return has been on a steady incline over the past decade, peaking at $8,108.38 in 2021. This consistent upward trend suggests an increasing tax burden which could potentially impact decisions for those considering moving, investing, or developing property in the county. Real estate agents and appraisers might find this data particularly relevant for understanding the financial climate that could influence property values and market dynamics. If you are involved in insurance analysis, this rising trend may be a factor when calculating risk and setting premiums.
Cost of Living in Sevier County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,090 | $1,351 | $2,063 | $1,467 | $1,407 |
| 1 adult 4 children | $1,090 | $1,103 | $1,574 | $1,467 | $1,528 |
| 2 adults 3 children | $1,090 | $1,104 | $1,792 | $1,467 | $1,165 |
| 1 adult 3 children | $1,090 | $901 | $1,303 | $1,467 | $1,264 |
| 2 adults 2 children | $826 | $904 | $1,521 | $1,270 | $966 |
| 1 adult 2 children | $826 | $675 | $1,032 | $1,270 | $946 |
| 2 adults 1 child | $826 | $714 | $1,250 | $632 | $842 |
| 1 adult 1 child | $826 | $461 | $761 | $632 | $696 |
| 2 adults | $628 | $574 | $979 | $0 | $633 |
| 1 adult | $552 | $313 | $489 | $0 | $550 |
Safety trends & Data
Over the past five years, Sevier County, Utah, has experienced a notable increase in larceny-theft incidents, peaking at 128 cases in 2022, while burglary incidents have significantly decreased, dropping to just 2 in 2022. Fraud cases have also declined, from a peak of 10 cases in 2019 to only 1 in 2022. Motor vehicle theft rates have remained consistently low, fluctuating between 2 and 5 cases per year, and vandalism has seen a slight uptick, reaching 15 cases in both 2021 and 2022. These... Read more
Property Crime Trends in Sevier County, UT Over the Last 5 Years
Over the past five years in Sevier County, Utah, there's been a notable increase in incidents of larceny-theft, peaking at 128 cases in 2022. Burglary incidents have fluctuated, starting at 6 in 2018 and dropping to just 2 in 2022. Fraud cases appear to have decreased significantly, with a peak of 10 in 2019 down to just 1 in 2022. Motor vehicle theft rates have remained relatively low and consistent, oscillating between 2 and 5 cases per year. Vandalism has seen a slight uptick, reaching 15 cases in both 2021 and 2022. These trends can influence property valuations, insurance premiums, and the overall perception of safety in the county, making them essential for stakeholders to consider.
Demographics
Sevier County, Utah's adult population shows a relatively balanced gender distribution, with a slight majority of males. The educational attainment data suggest that a significant portion of the population has completed high school, although only a modest number go on to achieve a bachelor's degree or higher. Age distribution indicates a fairly young population, with many individuals under 44 years old. The racial makeup is predominantly White, with very small percentages of other races,... Read more
Race Distribution in Sevier County, Utah (2022)
Educational Attainment in Sevier County, Utah (2022)
Age Distribution in Sevier County, Utah
Citizen Population in Sevier County, Utah (2022)
Political Trends & Data
Sevier County, Utah leans heavily Republican, with the party securing a remarkably high percentage of votes in the 2020 Presidential Election, while Democrats lagged considerably but still captured a modest share. Libertarian and other minor parties barely registered. This voting pattern points to a strong conservative foundation, potentially shaping the county's local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Sevier County, Utah, appears heavily dominated by Republican voters, who garnered a strikingly high percentage of the vote in the 2020 Presidential Election. The Democratic party, while significantly behind, managed to secure a modest share. Libertarians and other smaller parties had minimal impact on the overall results. This trend could suggest a deeply entrenched conservative voter base, possibly influencing local policies and community values.
87.36% of voters voted for the Republican party in the 2020 Presidential Election
10.46% of voters voted for the Democrat party in the 2020 Presidential Election
1.28% of voters voted for the Livertarian party in the 2020 Presidential Election
0.14% of voters voted for the Green party in the 2020 Presidential Election
0.76% of voters voted for the Other party in the 2020 Presidential Election
School Data
Sevier County, Utah has seen student-to-teacher ratios fluctuate between approximately 20 and 24 students per teacher over the past six years, noticeably higher than the national average of 14. These larger class sizes might signal potential challenges in student attention, which could be a consideration for anyone looking to invest or move to the area. Real estate professionals might find these figures relevant when assessing the county's appeal, and insurance agents could also view the... Read more
Student-to-teacher ratio in Sevier County, Utah over the last 6 years
Sevier County, Utah has seen fluctuations in its student-to-teacher ratios over the past six years, with values ranging from around 20 to nearly 24 students per teacher. Compared to the national average of 14 students per teacher, this suggests that class sizes in the county may be relatively larger. For those considering investment or residency, the higher ratios could indicate potential challenges in individualized student attention. Real estate agents, appraisers, and builders might find these ratios worth noting when evaluating the attractiveness of the area. Similarly, insurance agents might consider the educational environment's impact on community stability and growth.
