Fremont County Real Estate and Livability Trends
In Fremont County, Wyoming, real estate has seen a notable rise, with median home values increasing from $207,600 in 2021 to $236,700 in 2022, despite still trailing state medians. The spike in energy tax credits indicates growing interest in energy-efficient upgrades, while post-2018 jumps in real estate taxes could affect investor strategies. The stable agricultural sector and robust... Read more
Fremont County Market Trends
Fremont County, Wyoming's real estate market is showing a robust upward trend, especially noticeable with the median home values jumping from $207,600 in 2021 to $236,700 in 2022. This local increase is occurring even though the county's values lag behind the Wyoming state median. Additionally, the average residential energy tax credit has surged, indicating growing interest in energy-efficient... Read more
Median Value of Occupied Housing Units in Fremont County, Wyoming Over the Last 8 Years
Fremont County, Wyoming has seen a steady rise in median home values over the past eight years, with a notable jump from $207,600 in 2021 to $236,700 in 2022. While still below Wyoming's 2022 median value of $269,900, Fremont County's growth indicates a healthy market. Interestingly, national figures have lagged behind, with the U.S. median value reaching only $179,400 in 2022. These trends might attract investors and homebuyers looking for opportunities in a growing market while remaining conscious of the broader state and national contexts.
Residential Energy Tax Credit Per Tax Return in Fremont County, WY Over the Last 8 Years
Over the last eight years, residents of Fremont County, Wyoming have seen a notable increase in their average residential energy tax credit per tax return. Starting at $337.50 in 2013, there has been a significant rise, reaching $1,260.00 by 2021. This upward trajectory suggests growing investment in energy-efficient home improvements, driven possibly by incentives and a heightened awareness of green energy solutions. Such data could be particularly intriguing for real estate agents and investors, indicating a potential spike in property value and desirability for energy-conscious residents.
Average Real Estate Taxes Per Tax Return in Fremont County, WY Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Fremont County, Wyoming have shown a consistent upward trend, significantly accelerating from 2018 onward. While taxes hovered around the $2,000 mark from 2012 to 2017, they sharply increased to $3,023.88 in 2018 and spiked to a peak of $3,764.00 in 2020. This escalative trend is crucial for investors, property developers, and insurance agents as it impacts future property valuations, investment returns, and insurance premiums. Additionally, residents and those looking to relocate should consider the financial implications of this steady rise in real estate taxes.
Percentage of Farm Returns in Fremont County, WY Over the Last 10 Years
Farm tax returns in Fremont County, Wyoming, show some variability over the past decade, generally fluctuating between 4.38% and a peak near 5.04%. The data suggests that while there was a small surge in farm tax returns in 2018, reaching 5.04%, the overall trend appears to be relatively stable, hovering around the mid-4% range. These returns indicate the percentage of farms that are filing taxes, which can imply profitability and financial health in the agricultural sector. For investors or potential residents, this signifies that Fremont County maintains a steady agricultural backbone. For anyone looking to build or invest in property, especially in the agricultural sector, these trends can be reassuring, suggesting a stable, if not consistently growing, agricultural industry.
Number of Mortgages by Occupancy Type in Fremont County, WY Over the Last 5 Years in Fremont County
In Fremont County, Wyoming, data indicates a discernible fluctuation in mortgage counts associated with different occupancy types over the past five years. Principal residences consistently represented the highest share, peaking at 1887 in 2021, while investment properties and second residences saw more modest numbers, both experiencing significant variations. These trends could influence market dynamics, hinting at strong owner-occupier activity, which is crucial for investors, appraisers, and real estate agents to note. Shifts in occupancy types often reflect broader economic and demographic changes that could impact property valuations, insurance assessments, and future development prospects.
Economic Outlook
In Fremont County, Wyoming, the average taxable income per tax return has risen noticeably from $52,741.78 in 2013 to a peak of $68,266.52 in 2021, suggesting economic growth or enhanced income prospects that could be appealing to investors and new residents. Average state and local income taxes per return saw a dramatic peak in 2020 at $11,630.00, indicating potential shifts in economic conditions or tax policies. The average total tax liability also peaked in 2021 at $10,582.53, marking a... Read more
Average Taxable Income per Tax Return in Fremont County, WY over the last 9 years
In Fremont County, Wyoming, the average taxable income per tax return has shown noticeable fluctuations over the last nine years, starting at $52,741.78 in 2013 and peaking at $68,266.52 in 2021. After a dip in 2016 to $50,525.86, the trend generally moved upwards, with significant increases, especially in recent years. This suggests potential economic growth or improved income opportunities in the area, which could be enticing for investors, real estate agents, and those considering relocating to Fremont County.
Average State and Local Income Taxes Per Tax Return in Fremont County, WY Over the Last 10 Years
Fremont County, Wyoming, has experienced significant fluctuations in average state and local income taxes per tax return over the past decade, peaking dramatically in 2020 at $11,630.00. Notable spikes also occurred in 2018 and 2015, contrasting with lower averages during earlier years such as 2012 and 2014. This variability can suggest changing economic conditions or tax policies in the area, matters of interest for anyone considering financial commitments, risk assessments, or living arrangements in the county.
Average Total Tax Liability Per Tax Return in Fremont County, WY Over the Last 10 Years
Average total tax liability per return in Fremont County, Wyoming, has experienced fluctuations over the last decade, peaking at $10,582.53 in 2021. The lowest point was $8,824.59 in 2018, showing a dip in tax burden but with an overall trend of increasing liability. For investors and real estate agents, these changing tax liabilities might influence both market behavior and property valuations, potentially impacting decisions on long-term commitments in the region. The significant rise in 2021 suggests a possible economic shift or policy change affecting residents’ finances, a noteworthy point for those involved in local fiscal planning or property assessments.
Cost of Living in Fremont County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,200 | $1,492 | $2,879 | $1,280 | $1,247 |
| 1 adult 4 children | $1,200 | $1,218 | $2,228 | $1,280 | $1,311 |
| 2 adults 3 children | $1,200 | $1,219 | $2,485 | $1,280 | $973 |
| 1 adult 3 children | $1,200 | $995 | $1,834 | $1,280 | $1,038 |
| 2 adults 2 children | $872 | $998 | $2,091 | $1,113 | $779 |
| 1 adult 2 children | $872 | $745 | $1,440 | $1,113 | $723 |
| 2 adults 1 child | $872 | $789 | $1,698 | $568 | $723 |
| 1 adult 1 child | $872 | $509 | $1,046 | $568 | $573 |
| 2 adults | $662 | $633 | $1,304 | $0 | $606 |
| 1 adult | $613 | $346 | $652 | $0 | $473 |
Safety trends & Data
In Fremont County, Wyoming, property crime trends have fluctuated over the past five years but show a general decline, especially in larceny-theft and burglary. Larceny-theft saw a significant drop from 258.00 incidents in 2018 to 71.00 in 2022, while burglary decreased from 41.00 in 2018 to 4.00 in 2022. Vandalism also reduced to 29.00 cases in 2022 after peaking in 2018. This trend might interest potential investors, homeowners, and insurance agents, pointing to an improving safety profile in... Read more
Property Crime Trends in Fremont County, WY Over the Last 5 Years
In Fremont County, Wyoming, property crime trends over the past five years show fluctuations with certain crimes peaking around 2018 and 2019 and then generally declining. Larceny-theft has seen a significant drop from 258.0 incidents in 2018 to 71.0 in 2022. Burglary has also markedly decreased from 41.0 in 2018 to just 4.0 in 2022. While motor vehicle theft saw some variation, it generally stayed lower compared to other property crimes. Vandalism, another prevalent crime, had a peak in 2018 but gradually reduced to 29.0 cases in 2022. This downward trend may appeal to potential investors, homeowners, and insurance agents, suggesting an improving safety profile for the area.
Demographics
Fremont County, Wyoming's adult population is almost evenly split between males and females, indicating balanced gender demographics. In terms of education, a significant portion of adults have at least some college experience, potentially reflecting aspirations for higher education. The age distribution tilts slightly toward older adults, which may have implications for healthcare and retirement services, though there is also a solid representation of younger demographics. Racially, the county... Read more
Race Distribution in Fremont County, Wyoming (2022)
Educational Attainment in Fremont County, Wyoming (2022)
Age Distribution in Fremont County, Wyoming
Citizen Population in Fremont County, Wyoming (2022)
Political Trends & Data
In Fremont County, Wyoming, the real estate market trends might be influenced by a predominantly Republican voter base, with over 65% possibly leaning GOP in the 2020 U.S. Presidential Election. Democratic support stands around 30%, with minimal third-party engagement. This political landscape suggests a community with strong conservative values, which could impact property preferences, zoning decisions, and infrastructure... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Fremont County in Wyoming leaned heavily Republican in the 2020 U.S. Presidential Election, with potentially over 65% of votes favoring the GOP. The Democrats seemingly captured roughly 30% of the vote, with minimal participation for Libertarian and other parties. This distribution hints at a strong conservative presence in the county, while also showing a notable yet smaller base for the Democrats.
65.85% of voters voted for the Republican party in the 2020 Presidential Election
30.27% of voters voted for the Democrat party in the 2020 Presidential Election
1.76% of voters voted for the Livertarian party in the 2020 Presidential Election
2.12% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Fremont County, Wyoming, the student-to-teacher ratio has gradually increased from 9 in 2014 to 12 in 2023. Despite this upward trend, the ratio remains below the national average of 14, which could be appealing for families prioritizing smaller class sizes. For real estate agents and investors, this shift may influence property values and demand for housing in areas known for their favorable educational... Read more
Student-to-teacher ratio in Fremont County, Wyoming over the last 10 years
In Fremont County, Wyoming, the student-to-teacher ratio has exhibited a gradual upward trend over the past decade, moving from 9 in 2014 to 12 in 2023. This increase could potentially impact the quality of education by putting more pressure on teachers and reducing individual student attention. Compared to the national average of 14 students per teacher, Fremont County still maintains a relatively favorable ratio, potentially making it attractive for families valuing smaller class sizes. For real estate agents, investors, or anyone interested in local educational standards, these evolving ratios can play a crucial role in decision-making processes, influencing property values and the demand for housing in areas with reputedly low student-to-teacher ratios.
