Converse County Real Estate and Livability Trends
Converse County, Wyoming has seen its median home values climb from $190,300.00 in 2015 to $251,700.00 in 2022, positioning it as a potentially appealing yet still affordable market compared to Wyoming's overall median value of $269,900.00. Real estate taxes have surged from $1,455.12 in 2012 to $3,631.58 in 2021, reflecting either rising property values or tax rates. Concurrently, while demand... Read more
Converse County Market Trends
Converse County, Wyoming has seen its median home values rise from $190,300 in 2015 to $251,700 in 2022, providing an appealing opportunity amidst a robust real estate market. The median home value here outpaces the national trend, though it remains more affordable than Wyoming's overall median value of $269,900. Real estate taxes have nearly doubled from $1,455.12 in 2012 to $3,631.58 in 2021,... Read more
Median Value of Occupied Housing Units in Converse County, Wyoming Over the Last 8 Years
Over the past 8 years, Converse County, Wyoming, has seen its median home values rise from $190,300 in 2015 to $251,700 in 2022. This growth, although more gradual compared to Wyoming's overall increase, still reflects a robust real estate market. In a broader context, home values in Converse County have consistently outpaced national trends, where the median value in 2022 was $179,400. Investors, potential homeowners, and developers might find Converse County appealing due to its strong performance relative to the national market, particularly given its affordability compared to the state's median value of $269,900 in 2022. This edge could prove compelling for those evaluating property investments or relocations within Wyoming.
Residential Energy Tax Credit Per Tax Return in Converse County, WY Over the Last 8 Years
In Converse County, Wyoming, there has been noticeable fluctuation in the average residential energy tax credit per tax return over the past eight years. Noteworthy peaks include a significant spike to $800.00 in 2017. This ebb and flow indicate a pattern of varying investment or engagement in energy-efficient improvements among homeowners, potentially reflecting broader economic conditions or changes in available credits. For those interested in the local real estate market, this variability may impact property valuations and insurance considerations, making it a key factor to monitor.
Average Real Estate Taxes Per Tax Return in Converse County, WY Over the Last 10 Years
Real estate taxes per tax return in Converse County, Wyoming have exhibited a notable upward trend over the past decade, nearly doubling from $1,455.12 in 2012 to a peak of $3,804.55 in 2020 before seeing a slight decrease to $3,631.58 in 2021. This increase suggests a steady rise in property values or tax rates, which could impact housing affordability and investment potential. Those considering buying property or moving to the area might find the rising costs a significant factor, while insurance agents and appraisers should be aware of these trends in their valuation and risk assessments.
Percentage of Farm Returns in Converse County, WY Over the Last 10 Years
Over the past decade in Converse County, Wyoming, the percentage of farm returns has shown slight fluctuations, generally staying around 5.0% to 5.4%. There was a small peak in 2018, hitting around 5.43%, which may signal a brief increase in agricultural activity or reporting. For potential investors or residents, this relatively stable percentage hints at a consistent, albeit minor, agricultural presence which might influence land use policies and rural development opportunities. Whether buying property or investing in local businesses, understanding these patterns in farm tax returns provides insight into the economic fabric of the region.
Number of Mortgages by Occupancy Type in Converse County, WY Over the Last 5 Years in Converse County
Over the past five years, Converse County, Wyoming has exhibited notable fluctuations in mortgage counts for different occupancy types. Principal Residences consistently dominate, peaking at 914 in 2020 and showing a strong upward trend overall, indicating robust demand for primary homes. Investment Properties have remained relatively stable but declined slightly, with a small drop from 27 in 2021 to 15 in 2022 – a detail that might signal investor caution or shifting investment strategies. Second Residences have seen minor and variable activity, suggesting limited but fluctuating interest in vacation homes. This data could hold significant implications for a range of stakeholders. For potential investors, the stable yet slightly decreased interest in investment properties might suggest a competitive but cautious market. Individuals considering a move can see the high demand for primary residences as an indicator of community growth and stability. For appraisers and insurance agents, understanding occupancy trends aids in accurate property valuations and risk assessments, while builders and real estate agents can tailor developments and marketing strategies to meet the dominant demand for principal residences. Even for residents, these trends shed light on the evolving local housing dynamics, impacting property values and neighborhood composition.
Economic Outlook
Converse County, Wyoming has experienced notable shifts in average taxable income, peaking at $96,247.71 in 2019, which might attract investors due to its potential economic boost. Meanwhile, average state and local income taxes varied significantly, with peaks in 2017 and 2021 suggesting economic or policy changes that could affect financial planning for residents and investors alike. A sharp rise in total tax liability between 2018 and 2019, followed by a dip in 2020, further indicates an... Read more
Average Taxable Income per Tax Return in Converse County, WY over the last 9 years
Converse County, Wyoming has seen fluctuations in average taxable income per tax return over the past nine years, with notable increases in 2018 and 2019, peaking at $96,247.71 in 2019. These shifts might attract investors and real estate agents interested in emerging markets. The post-2016 rebound and the peak in 2019 could imply economic activities boosting local incomes, potentially affecting property appraisal values and insurance rates. Those moving to or living in Converse County should be aware of these economic trends as they may influence job opportunities and cost of living.
Average State and Local Income Taxes Per Tax Return in Converse County, WY Over the Last 9 Years
Converse County, Wyoming, has seen fluctuations in average state and local income taxes per tax return over the past nine years. Notable peaks occurred in 2017 with a significant rise to $12,763.64 and again in 2021 at $9,333.33, suggesting variability that could impact financial planning and budgeting for residents and potential investors. This volatility also implies shifts in economic conditions or tax policies which might be of interest to real estate agents, appraisers, and insurance agents considering the county's market stability and growth potential. With tax values ranging widely, understanding these trends is crucial for anyone involved in local finance and property.
Average Total Tax Liability Per Tax Return in Converse County, WY Over the Last 10 Years
In Converse County, Wyoming, the average total tax liability per tax return has displayed notable fluctuations over the past decade. The most significant increase appears between 2018 and 2019, with liabilities jumping from approximately $16,126 to $19,978. However, after peaking, there was a notable dip in 2020 to around $15,461 before slightly stabilizing in 2021 at $14,952. These trends could suggest varying economic conditions impacting taxpayers, making it a crucial consideration for those investing, appraising property, or contemplating a move to the area.
Cost of Living in Converse County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,061 | $1,464 | $2,879 | $1,194 | $1,156 |
| 1 adult 4 children | $1,061 | $1,195 | $2,228 | $1,194 | $1,245 |
| 2 adults 3 children | $1,061 | $1,196 | $2,485 | $1,194 | $920 |
| 1 adult 3 children | $1,061 | $976 | $1,834 | $1,194 | $950 |
| 2 adults 2 children | $872 | $979 | $2,091 | $1,037 | $768 |
| 1 adult 2 children | $872 | $731 | $1,440 | $1,037 | $711 |
| 2 adults 1 child | $872 | $774 | $1,698 | $529 | $720 |
| 1 adult 1 child | $872 | $500 | $1,046 | $529 | $573 |
| 2 adults | $662 | $622 | $1,304 | $0 | $612 |
| 1 adult | $658 | $339 | $652 | $0 | $493 |
Safety trends & Data
Converse County, Wyoming has experienced variable property crime rates, notably with larceny-theft peaking at 11.00 incidents in both 2018 and 2022. Burglary and motor vehicle theft incidents have remained relatively steady, peaking at 5.00 incidents recently. Vandalism saw a significant rise, spiking to 10.00 incidents in 2021. These crime trends could subtly influence real estate values, insurance premiums, and investment decisions, making them critical for potential buyers, investors, and... Read more
Property Crime Trends in Converse County, WY Over the Last 5 Years
Converse County, Wyoming has seen fluctuating property crime rates over the past five years. Notable is the persistent issue with larceny-theft, peaking at 11.00 incidents in both 2018 and 2022. While burglary incidents have been relatively stable with slight increases, peaking at 5.00 incidents in recent years, vandalism also showed a significant rise, especially in 2021 with 10.00 incidents. Motor vehicle thefts varied, reaching a high of 5.00 in 2022. These trends could impact real estate values, insurance premiums, and investment decisions, making it crucial for prospective buyers, investors, and current residents to stay informed.
Demographics
Converse County, Wyoming, shows a relatively balanced gender distribution with slightly more males than females. The educational profile leans heavily toward high school graduates and those with some college education, while fewer have attained bachelor’s or advanced degrees. Age-wise, the population is diverse, with significant representation across all age ranges, particularly among those aged 55 to 64. The racial makeup is predominantly White, with very few individuals identifying as Black... Read more
Race Distribution in Converse County, Wyoming (2022)
Educational Attainment in Converse County, Wyoming (2022)
Age Distribution in Converse County, Wyoming
Citizen Population in Converse County, Wyoming (2022)
Political Trends & Data
Converse County, Wyoming, saw an overwhelming preference for conservative policies in the 2020 U.S. Presidential Election, with about 84.4% of voters supporting the Republican candidate. In stark contrast, Democrats received roughly 12.3% of the vote, while Libertarians and other minor parties collectively accounted for approximately 3.3%. This voting pattern could indicate a predominantly conservative electorate, with little traction for progressive or alternative political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Converse County in Wyoming likely leaned heavily Republican in the 2020 U.S. Presidential Election, with an estimated 84.4% of the vote going to the Republican candidate. Democrats garnered only about 12.3% of the vote, showing a significant preference for conservative policies among voters. The Libertarian and other minor parties collectively captured approximately 3.3% of the vote. This distribution might suggest that the political landscape in Converse County is predominantly conservative, with limited support for progressive or alternative party platforms.
84.41% of voters voted for the Republican party in the 2020 Presidential Election
12.28% of voters voted for the Democrat party in the 2020 Presidential Election
1.73% of voters voted for the Livertarian party in the 2020 Presidential Election
1.58% of voters voted for the Other party in the 2020 Presidential Election
School Data
Converse County, Wyoming has seen its student-to-teacher ratio nudge up from eight in 2014 to peak above nine in 2019, before a slight decline. Despite these shifts, it remains better than the U.S. average of fourteen. This can signal smaller class sizes and better educational support, making it attractive for potential buyers, investors, and families. Appraisers and insurance agents might also note this trend, as it could reflect community quality and influence property values and... Read more
Student-to-teacher ratio in Converse County, Wyoming over the last 10 years
Converse County, Wyoming has seen a gradual increase in its student-to-teacher ratio over the past decade, starting at about eight students per teacher in 2014 and peaking at over nine in 2019 before slightly declining again. Despite these fluctuations, the area consistently maintains a favorable student-to-teacher ratio when compared to the national average of fourteen students per teacher in the United States. For potential investors, real estate professionals, and families considering relocating, this lower ratio could indicate smaller class sizes, potentially leading to better educational support for students. This trend is also noteworthy for appraisers and insurance agents, as it may indirectly reflect on the community's quality of life and possibly influence property values and premiums.
