Crook County Real Estate and Livability Trends
Crook County, Wyoming’s real estate market stands out with a rise in average taxable income per tax return from $66,295.60 in 2013 to $81,015.06 in 2021, hinting at increasing buyer affordability and potential for property value growth. The median home value jumped from $205,800 in 2015 to $270,600 in 2022, outpacing broader trends. Residential energy tax credits have varied, peaking at $700.00... Read more
Crook County Market Trends
Crook County, Wyoming exhibits a robust local real estate market, with median home values climbing from $205,800 in 2015 to $270,600 in 2022, outpacing both state and national growth. Residential energy tax credits have fluctuated significantly, peaking at $700.00 per tax return in 2021, indicating potential incentives for energy-efficient home investments. Real estate taxes have dramatically... Read more
Median Value of Occupied Housing Units in Crook County, Wyoming Over the Last 8 Years
Crook County, Wyoming has experienced a steady increase in median home values, rising from $205,800 in 2015 to $270,600 in 2022. This trend is in line with but slightly more pronounced than the growth seen in Wyoming overall, which saw a rise from $194,800 to $269,900 in the same period. By contrast, the national median rose from $125,500 to $179,400, indicating that home values in Crook County have outpaced national growth rates. This suggests a robust local real estate market, making it an intriguing option for potential investors and those considering relocation.
Residential Energy Tax Credit Per Tax Return in Crook County, WY Over the Last 5 Years
The residential energy tax credit trends in Crook County, Wyoming have showcased some notable fluctuations over the past five years. There was a possible peak in 2013 with credits averaging $225.00 per return, which seemed to dip steadily, hitting a low of $175.00 in 2015. However, there's been a significant uptick in 2021, reaching an average of $700.00. This offers potentially useful insights for those interested in energy-efficient investments, potentially suggesting increasing local incentives or adoption of energy-efficient technologies. Considering these tax credits could be vital for residents and stakeholders looking to maximize benefits while investing in residential properties in the area.
Average Real Estate Taxes Per Tax Return in Crook County, WY Over the Last 10 Years
Over the last decade, Crook County, Wyoming has experienced a notable increase in real estate taxes per tax return, rising from $1,611.48 in 2012 to approximately $3,538.46 in 2021. This significant upward trend, particularly sharp around 2018-2020, could indicate increasing property values or adjustments in tax rates, both of which could impact investment decisions. Potential homeowners and investors should be aware of these changes as they may affect the cost of property ownership and the overall attractiveness of the area.
Percentage of Farm Returns in Crook County, WY Over the Last 10 Years
Over the last 10 years, Crook County, Wyoming has seen fluctuating percentages of farm tax returns, starting at approximately 12.39% in 2012 and peaking at around 14.54% in 2017 and 2019. The trend suggests a potential ebb and flow in farm-related economic activities, with a noticeable dip to 13.18% in 2021. Farm tax returns generally indicate the portion of tax filings from farming income, thereby offering insight into the agricultural health and economic contributions of the sector within the county. This data could be pivotal for investors, property builders, or those considering moving to Crook County to understand the agricultural landscape and its economic stability.
Number of Mortgages by Occupancy Type in Crook County, WY Over the Last 5 Years in Crook County
Mortgage trends in Crook County, Wyoming, reveal a steady dominance of principal residence mortgages over the past five years, although the number fluctuated. Investment properties saw a notable decline from a peak of 16 mortgages in 2020 to just 3 in 2022. Such trends matter as shifts in occupancy type can indicate changing market dynamics and demand, impacting property values and risk assessments. For investors, a falling interest in investment properties might suggest softer rental markets or unfavorable investment returns. Real estate agents and those looking to move to the area might weigh these numbers as indicators of local economic health or stability, influencing decisions on where to focus efforts or set down roots.
Economic Outlook
Crook County, Wyoming’s real estate market appears bolstered by a rise in average taxable income per tax return, climbing from $66,295.60 in 2013 to $81,015.06 in 2021, despite some dips along the way. The county's volatile tax landscape, featuring dramatic shifts in state and local income taxes and total tax liabilities, may signal varying economic conditions, which potential investors and real estate agents should monitor closely. For those eyeing property in the area, these income and tax... Read more
Average Taxable Income per Tax Return in Crook County, WY over the last 9 years
Crook County, Wyoming has seen a notable increase in average taxable income per tax return over the past nine years, fluctuating from $66,295.60 in 2013 to $81,015.06 in 2021. While there were dips in certain years, such as 2019 where the figure dropped to $68,649.40, the general trend appears positive with substantial growth evident in more recent years. This data might be encouraging for potential investors and real estate agents considering the area, as rising incomes often correlate with increased property values and economic development. For those planning to build or buy property, understanding these income trends can help gauge market stability and potential return on investment.
Average State and Local Income Taxes Per Tax Return in Crook County, WY Over the Last 9 Years
Crook County, Wyoming has seen fluctuating average state and local income taxes per tax return over the past nine years, with a notable spike in 2021 reaching $24,066.67, up from $4,500.00 in 2020. These variations could indicate changing economic conditions, policy adjustments, or shifts in income levels within the county, which may be of particular interest to potential investors, real estate agents, appraisers, and insurance providers. Understanding these tax trends could be crucial for those looking to invest or move to the area, as they might influence property values, insurance rates, and overall cost of living. Real estate developers and agents could use this data to better gauge buyer affordability and market health in Crook County.
Average Total Tax Liability Per Tax Return in Crook County, WY Over the Last 10 Years
Over the last decade in Crook County, Wyoming, average total tax liability per tax return has seen significant fluctuations. From a high of $14,322.50 in 2021 to a lower point of $10,067.19 in 2019, the data showcases a volatile tax landscape. These variations might suggest changing economic conditions or tax legislation impacts, which could be critical for investors, real estate agents, and those planning to move to or build property in the area to consider. Understanding this erratic pattern is crucial for making informed financial and planning decisions in Crook County.
Cost of Living in Crook County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,174 | $1,500 | $2,879 | $1,262 | $1,320 |
| 1 adult 4 children | $1,174 | $1,225 | $2,228 | $1,262 | $1,385 |
| 2 adults 3 children | $1,174 | $1,225 | $2,485 | $1,262 | $1,028 |
| 1 adult 3 children | $1,174 | $1,000 | $1,834 | $1,262 | $1,108 |
| 2 adults 2 children | $826 | $1,003 | $2,091 | $1,097 | $819 |
| 1 adult 2 children | $826 | $749 | $1,440 | $1,097 | $773 |
| 2 adults 1 child | $826 | $793 | $1,698 | $560 | $752 |
| 1 adult 1 child | $826 | $512 | $1,046 | $560 | $599 |
| 2 adults | $725 | $637 | $1,304 | $0 | $660 |
| 1 adult | $686 | $347 | $652 | $0 | $519 |
Safety trends & Data
In Crook County, Wyoming, property crime has seen some fluctuations over the last five years with larceny-theft peaking at nine incidents in 2022 and a brief surge in motor vehicle theft in 2021. Interestingly, burglary and forgery-counterfeiting have remained relatively low and sporadic. These patterns might affect decisions for property investors, appraisers, and insurance agents evaluating risk in this... Read more
Property Crime Trends in Crook County, WY Over the Last 5 Years
Crook County, Wyoming, is experiencing fluctuations in property crime over the last five years, with the most notable increase in larceny-theft incidents, particularly spiking to 9 in 2022. Notably, motor vehicle theft had a brief surge in 2021 with three incidents reported but showed no continuation in the following year. Burglary and forgery-counterfeiting, while present, have been relatively low and sporadic. These trends could be indicative of shifting patterns in criminal activity, impacting decisions for prospective property investors, appraisers, and insurance agents assessing risk in this Wyoming locale.
Demographics
Crook County, Wyoming, shows a slight gender imbalance with marginally more males than females. The educational landscape reveals a significant number of residents with some college education but no degree, while high school graduates are prevalent as well. The age distribution suggests a considerable portion of the population is aging, notably those in the 55-64 age bracket. Racial diversity appears minimal, with an overwhelming majority identifying as White. The economic implications might... Read more
Race Distribution in Crook County, Wyoming (2022)
Educational Attainment in Crook County, Wyoming (2022)
Age Distribution in Crook County, Wyoming
Citizen Population in Crook County, Wyoming (2022)
Political Trends & Data
In Crook County, Wyoming, the 2020 U.S. Presidential Election saw Republicans capturing nearly 88% of the vote, while Democrats received just over 9%. Libertarian and "Other" parties collectively accounted for around 2.8%. This significant gap indicates a strong conservative presence, potentially influencing local policies and community values, as well as possibly reflecting state-wide political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Crook County, Wyoming, the 2020 U.S. Presidential Election results seemingly leaned heavily toward the Republican party, capturing nearly 88% of the vote. Democrats, on the other hand, garnered just over 9%, while Libertarian and "Other" parties each received approximately 1.4%. The pronounced disparity between Republican and Democratic votes could suggest a strong conservative presence or tradition in this region, though it may also reflect broader, state-level political inclinations.
88.12% of voters voted for the Republican party in the 2020 Presidential Election
9.12% of voters voted for the Democrat party in the 2020 Presidential Election
1.38% of voters voted for the Livertarian party in the 2020 Presidential Election
1.38% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Crook County, Wyoming has climbed from about eight in 2014 to over twelve in 2023, still falling below the national average of fourteen. This trend suggests Crook County schools offer more individualized attention, a compelling point for families contemplating relocation. Investors and appraisers might interpret this growth as a sign of a stable, developing educational infrastructure, which could impact property values and risk assessments... Read more
Student-to-teacher ratio in Crook County, Wyoming over the last 10 years
The student-to-teacher ratio in Crook County, Wyoming has shown a notable increase over the past decade, rising from approximately eight in 2014 to over twelve in 2023. This is significantly lower than the current US national average of fourteen students per teacher, suggesting that Crook County offers more individualized attention and potentially smaller class sizes. For investors, appraisers, and real estate agents, this trend may indicate a stable yet growing educational infrastructure, which could be a key selling point for families looking to move to the area. Insurers and builders might also see this as an indicator of a steadily developing community, potentially influencing property values and risk assessments.
