Weber County Real Estate and Livability Trends
In Weber County, Utah, the real estate market appears to be thriving with median home values climbing from $168,000 in 2015 to $346,800 in 2022, indicating solid investment prospects. Rising average taxable income from $51,201.87 in 2013 to $74,598.46 in 2021 suggests improved purchasing power among locals. A notable drop in the percentage of residents below the poverty line from 13.0% in 2013 to... Read more
Weber County Market Trends
In Weber County, Utah, median home values have surged from $168,000 in 2015 to $346,800 in 2022, outpacing state and national growth rates. This suggests potential robust returns for real estate investments. Average residential energy tax credits have fluctuated significantly, peaking at $4,026.61 in 2018, indicating periodic boosts in energy-efficient home improvements. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Weber County, Utah Over the Last 8 Years
Over the past 8 years, median home values in Weber County, Utah have seen significant growth, climbing from $168,000 in 2015 to $346,800 in 2022. This increase outpaces both the state of Utah, where median home values rose from $215,900 in 2015 to $408,500 in 2022, and the national median, which saw a more modest rise from $125,500 to $179,400 over the same period. These trends suggest that Weber County could be an appealing option for those considering real estate investments, potentially offering robust returns, especially when compared to national averages. For residents and those moving into the area, this means a rapidly appreciating housing market, which could influence decisions related to buying property sooner rather than later.
Residential Energy Tax Credit Per Tax Return in Weber County, UT Over the Last 9 Years
Over the past nine years, Weber County, Utah has seen significant fluctuations in the average residential energy tax credit per tax return, peaking at $4,026.61 in 2018. This trend indicates periods of increased investment in energy-efficient home improvements, with notable jumps in 2015 and 2016. For investors and property developers, this could signal a growing local market for green buildings and sustainability initiatives. Real estate agents and insurance companies may find these trends useful for advising clients on potential cost savings and future home valuations.
Average Real Estate Taxes Per Tax Return in Weber County, UT Over the Last 10 Years
Weber County, Utah has seen a significant rise in average real estate taxes per tax return over the past decade. Starting at $1953.11 in 2012, there has been a notable trend upwards, reaching $3677.26 by 2021. This uptick suggests growing property values and possibly increased public spending or changes in tax rates. For potential investors or folks considering a move, this indicates a robust real estate market but also higher annual costs. Real estate agents and appraisers might find these trends indicative of appreciating property values, which translates to higher stakes in property investments and insurance premiums.
Percentage of Farm Returns in Weber County, UT Over the Last 10 Years
Over the last decade, Weber County in Utah has seen a gradual decrease in the percentage of farm tax returns, dipping from roughly 0.86% in 2012 to about 0.65% in 2021. This trend could imply a shift away from agricultural activities towards other forms of land use or economic focus. For those looking to invest in or develop property, this might suggest a move towards more urban or diversified economic opportunities in the area. The relatively low and declining farm returns might also indicate changing land values and potentially higher demand for non-agricultural development.
Number of Mortgages by Occupancy Type in Weber County, UT Over the Last 5 Years in Weber County
Over the past five years in Weber County, Utah, there has been a noticeable fluctuation in the number of mortgages across different occupancy types. While principal residences consistently make up the majority of mortgages, peaking at 36,205 in 2020, investment properties and second residences show more variability. This points to changing investor confidence and potentially variable demand for secondary housing. For investors, this trend could signal the stability or volatility of investment prospects in the area. Real estate agents and those looking to move to or build property in the county might find that principal residency mortgages continue to dominate, reflecting stable demand for primary living spaces. Appraisers and insurance agents could use this data to gauge risk and valuation trends more effectively.
Economic Outlook
Weber County, Utah's real estate market appears to be on an upward trajectory, as evidenced by a consistent rise in average taxable income per tax return from approximately $51,201.87 in 2013 to $74,598.46 by 2021. This trend may signal a strengthening local economy and higher purchasing power among residents. Additionally, the average state and local income taxes have seen notable jumps, from $4,432.59 in 2012 to $9,443.22 in 2021, further hinting at increasing incomes. The percentage of... Read more
Average Taxable Income per Tax Return in Weber County, UT over the last 9 years
Weber County, Utah, has shown a notable upward trend in average taxable income per tax return over the last nine years. Starting at approximately $51,201.87 in 2013, it has grown steadily, reaching around $74,598.46 by 2021. This consistent increase may indicate a strengthening local economy, which could be of interest to potential investors, prospective residents, and real estate agents. This positive economic indicator could suggest higher purchasing power among residents, potentially impacting property values and development opportunities in the area. Real estate appraisors and insurance agents might also find these trends useful for risk assessment and valuation purposes.
Average State and Local Income Taxes Per Tax Return in Weber County, UT Over the Last 10 Years
Over the past decade, Weber County, Utah, has experienced a consistent increase in average state and local income taxes per tax return, with notable jumps in recent years. From $4,432.59 in 2012, the figure rose steadily, reaching $9,443.22 by 2021. This trend suggests a growing local economy and potentially increasing incomes, which may be appealing for investors and real estate professionals considering the area.
Average Total Tax Liability Per Tax Return in Weber County, UT Over the Last 10 Years
Weber County, Utah has experienced a notable uptick in average total tax liability per tax return over the past decade, with figures rising from approximately $6,880.87 in 2012 to about $10,742.44 in 2021. This gradual increase may suggest heightened economic activity and potentially higher incomes in the area, making it an interesting spot for those looking to invest or develop property. For current residents or potential movers, this trend could indicate a healthier local economy but also point to rising living costs. Real estate agents and insurance agents might find these statistics particularly useful, as they hint at both an appreciating housing market and an evolving demographic profile.
Cost of Living in Weber County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,560 | $1,456 | $1,725 | $1,620 | $1,579 |
1 adult 4 children | $1,560 | $1,189 | $1,313 | $1,620 | $1,723 |
2 adults 3 children | $1,560 | $1,189 | $1,500 | $1,620 | $1,342 |
1 adult 3 children | $1,560 | $971 | $1,087 | $1,620 | $1,460 |
2 adults 2 children | $1,134 | $974 | $1,274 | $1,410 | $1,025 |
1 adult 2 children | $1,134 | $727 | $862 | $1,410 | $1,047 |
2 adults 1 child | $1,134 | $769 | $1,049 | $728 | $900 |
1 adult 1 child | $1,134 | $497 | $637 | $728 | $785 |
2 adults | $928 | $618 | $824 | $0 | $692 |
1 adult | $851 | $337 | $412 | $0 | $622 |
Safety trends & Data
Weber County, Utah has seen fluctuating property crime rates over the past five years, with larceny-theft peaking at 957.00 incidents in 2019 and vandalism rising to 313.00 cases in 2022. Motor vehicle theft significantly decreased to 21.00 incidents in 2022 from 90.00 in 2018, possibly due to improved security or law enforcement tactics. These shifts could influence property values and insurance costs, making it essential for investors and real estate agents to stay informed about the local... Read more
Property Crime Trends in Weber County, UT Over the Last 5 Years
Weber County, Utah has experienced fluctuating property crime rates over the past five years, with notable trends in specific categories. Larceny-theft consistently remains the most prevalent crime, peaking at 957.00 incidents in 2019. Vandalism has shown an upward trajectory, reaching 313.00 cases in 2022, suggesting potential hotspots for civil disorder. Motor vehicle theft saw a significant drop to 21.00 incidents in 2022 from 90.00 in 2018, indicating possible improvements in vehicle security or law enforcement tactics. These variations are crucial for investors, real estate agents, and residents who seek to understand the safety landscape and its implications for property values and insurance costs.
Demographics
In Weber County, Utah, you'll find a nearly even split between male and female adults, which may suggest balanced gender representation in the community. A significant portion of the population has at least a high school diploma, with many having some college experience or a degree, reflecting a fairly educated populace. The age distribution points towards a younger demographic, but there's also a notable presence of older adults, indicating diverse age representation. The racial composition... Read more
Race Distribution in Weber County, Utah (2022)
Educational Attainment in Weber County, Utah (2022)
Age Distribution in Weber County, Utah
Citizen Population in Weber County, Utah (2022)
Political Trends & Data
In Weber County, Utah, the real estate market might be influenced by its political landscape, where nearly 60% of votes leaned Republican in the 2020 U.S. Presidential Election. With about 36% of votes for Democrats and less than 3% for smaller parties, the conservative preference could impact buyer and seller behavior, potentially favoring policies that promote homeownership and lower taxes. The political diversity, while limited, suggests varying community interests that might affect local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Weber County, Utah, the majority of votes in the 2020 U.S. Presidential Election seemed to favor the Republican party, with nearly 60% of the vote share. Democrats received a little over 36%, while smaller parties like the Libertarians and Greens garnered less than 3% combined. This trend might suggest a strong conservative preference in this region, though the presence of other parties indicates some level of political diversity.
59.20% of voters voted for the Republican party in the 2020 Presidential Election
36.53% of voters voted for the Democrat party in the 2020 Presidential Election
2.56% of voters voted for the Livertarian party in the 2020 Presidential Election
0.43% of voters voted for the Green party in the 2020 Presidential Election
1.28% of voters voted for the Other party in the 2020 Presidential Election
School Data
Weber County, Utah has experienced a gradual decrease in its student-to-teacher ratio, dropping from 23 in 2014 to about 19 in 2023. This shift, while higher than the national average of 14, suggests potential improvements in educational funding and resource allocation. Real estate professionals might find this data useful, as lower student-to-teacher ratios often boost perceptions of school quality, driving property demand in family-focused neighborhoods. Builders and insurance agents could... Read more
Student-to-teacher ratio in Weber County, Utah over the last 6 years
Over the past six years, Weber County, Utah has seen a gradual decrease in its student-to-teacher ratio, from 23 in 2014 to around 19 in 2023. While this trend appears favorable compared to the US national average of 14 students per teacher, it still indicates that classrooms in Weber County might be more crowded than elsewhere in the country. For those looking to invest in property, move to the area, or build new housing developments, these ratios could be indicative of educational funding and resource allocation. Real estate agents and appraisers might find this data valuable when assessing property values or advising clients, as lower ratios often correlate with perceptions of better school quality, which can drive demand in family-oriented neighborhoods. For insurance agents and builders, understanding these trends might help in evaluating community growth patterns and potential client needs.