Bethel Census Area Real Estate and Livability Trends
In Bethel Census Area, Alaska, median home values have seen significant volatility, plunging from $165,700 in 2015 to $83,600 in 2019, and only partially rebounding to $120,600 by 2022. This instability contrasts sharply with Alaska's state median, which has steadily grown from $250,000 to $318,000 over the same period. Real estate taxes jumped from $2,613.33 in 2012 to $4,550.00 in 2021,... Read more
Bethel Census Area Market Trends
Bethel Census Area, Alaska has exhibited notable volatility in median home values over the past eight years, dropping from a high of $165,700 in 2015 to a low of $83,600 by 2019, before partially rebounding to $120,600 in 2022. This contrasts sharply with Alaska's state median, which saw steady growth from $250,000 to $318,000 in the same period. Real estate taxes have climbed significantly from... Read more
Median Value of Occupied Housing Units in Bethel Census Area, Alaska Over the Last 8 Years
In the last eight years, median home values in Bethel Census Area, Alaska have shown significant volatility. From a high of $165,700 in 2015, values dropped dramatically to $83,600 by 2019, before rebounding to $120,600 in 2022. When compared to Alaska’s state median, which steadily increased from $250,000 in 2015 to $318,000 in 2022, Bethel’s market seems less stable. Nationally, the trend shows consistent growth from $125,500 to $179,400 over the same period, highlighting Bethel’s unique challenges and potential opportunities for risk-tolerant investors or those looking to capitalize on future growth in a recovering market.
Residential Energy Tax Credit Per Tax Return in Bethel Census Area, AK Over the Last 5 Years
In Bethel Census Area, Alaska, the average residential energy tax credit per tax return fluctuated over the past five years. Notably, there was a peak at $300.00 in 2015, suggesting an increase in energy-efficient home investments around that time. Subsequent years saw a decline, stabilizing at $233.33 by 2016 and maintaining through 2020. This trend highlights a potential initial surge in adoption followed by a plateau, which may interest investors or residents looking at sustained energy efficiency efforts and related incentives.
Average Real Estate Taxes Per Tax Return in Bethel Census Area, AK Over the Last 10 Years
Real estate taxes in Bethel Census Area, Alaska, have shown a steady increase over the past decade, jumping from $2,613.33 in 2012 to $4,550.00 in 2021. This upward trend can potentially indicate growing property values or rising municipal costs, which might affect investment and living expenses. For those considering building or moving to the area, understanding this tax trajectory could be crucial for financial planning.
Number of Mortgages by Occupancy Type in Bethel Census Area, AK Over the Last 5 Years in Bethel Census Area
Over the last five years, Bethel Census Area, Alaska has shown a distinct trend in mortgage types with principal residences consistently accounting for the majority of mortgages, while investment properties and second residences have relatively low numbers. This suggests that the area is predominantly inhabited by permanent residents, which could indicate a stable community for those looking to invest or relocate. Real estate agents might find this steadiness appealing as it potentially implies a lower turnover rate. Insurance agents and appraisers might view the increasing or decreasing trends in investment properties as indicators of market shifts or changing local investment climates. Construction firms could see an opportunity in the expanding demand for primary housing, tailoring their projects to the needs of long-term residents.
Economic Outlook
In Bethel Census Area, Alaska, average taxable income per tax return has notably risen from $35,871.67 in 2013 to $45,530.21 in 2021, signaling potential economic growth and increased earning opportunities. Meanwhile, state and local income taxes have fluctuated dramatically, ranging from a low of $866.67 in 2018 to a high of $2,762.50 in 2017. These shifts may reflect changes in economic conditions or tax policies. Average tax liabilities have also varied over the past decade, with peaks... Read more
Average Taxable Income per Tax Return in Bethel Census Area, AK over the last 9 years
Average taxable income per tax return in Bethel Census Area, AK has seen a notable upward trend over the last nine years, with the value increasing from $35,871.67 in 2013 to $45,530.21 in 2021. This consistent growth, particularly the sharp rise observed from 2018 to 2021, suggests a strengthening local economy and potentially higher earning opportunities for residents. Such trends are crucial for prospective movers and current inhabitants, indicating a potentially prosperous and stable financial environment in the area.
Average State and Local Income Taxes Per Tax Return in Bethel Census Area, AK Over the Last 7 Years
In the Bethel Census Area, AK, the average state and local income taxes per tax return have shown significant fluctuation over the past seven years. After a low of $866.67 in 2018, the highest average was seen in 2017 at $2762.50. These variations reflect economic changes and potentially shifting tax policies, which are crucial for those considering relocating to or analyzing the financial landscape of Bethel Census Area.
Average Total Tax Liability Per Tax Return in Bethel Census Area, AK Over the Last 10 Years
Over the past decade, Bethel Census Area in Alaska has experienced fluctuating average tax liabilities per return, with notable peaks in 2016 at $6,800.76, in 2019 at $6,993.65, and in 2020 at $7,199.72. These changes highlight a significant trend of increasing tax burdens, which can impact the financial planning and overall economic climate for residents and potential investors.
Cost of Living in Bethel Census Area
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,214 | $2,035 | $2,715 | $2,010 | $1,866 |
| 1 adult 4 children | $2,214 | $1,662 | $2,101 | $2,010 | $1,956 |
| 2 adults 3 children | $2,214 | $1,662 | $2,344 | $2,010 | $1,570 |
| 1 adult 3 children | $2,214 | $1,357 | $1,729 | $2,010 | $1,688 |
| 2 adults 2 children | $1,819 | $1,361 | $1,972 | $1,755 | $1,226 |
| 1 adult 2 children | $1,819 | $1,016 | $1,358 | $1,755 | $1,267 |
| 2 adults 1 child | $1,819 | $1,075 | $1,600 | $924 | $985 |
| 1 adult 1 child | $1,819 | $695 | $986 | $924 | $925 |
| 2 adults | $1,426 | $864 | $1,229 | $0 | $751 |
| 1 adult | $1,417 | $471 | $614 | $0 | $686 |
Safety trends & Data
Property crime in Bethel Census Area, Alaska, has varied over the past five years, with vandalism peaking at 44.00 cases in 2020. Burglary and larceny-theft rates saw fluctuations, especially in 2019 and 2020. Motor vehicle theft and arson happened intermittently, while new crimes such as forgery, counterfeiting, and fraud emerged in 2020. These trends are essential for investors, real estate agents, and insurance providers in assessing risk and strategizing preventative... Read more
Property Crime Trends in Bethel Census Area, AK Over the Last 5 Years
Property crime in Bethel Census Area, Alaska, has shown variability over the past five years with vandalism consistently being the most frequently reported incident, peaking at 44.0 cases in 2020. Meanwhile, burglary and larceny-theft rates fluctuated, with notable spikes in 2019 and 2020. Motor vehicle theft and arson were less common but occurred intermittently across this period. The introduction of crimes like forgery and counterfeiting, and fraud in 2020 indicates evolving criminal patterns, suggesting a need for adaptable security measures. These trends are crucial for investors, real estate agents, and insurance providers in assessing risk and planning appropriate preventative strategies.
Demographics
Bethel Census Area in Alaska reveals intriguing demographic trends. Adult males appear to outnumber females significantly. Educational attainment shows a substantial portion of the population has a high school diploma or some college experience, though fewer have advanced degrees. The age distribution indicates a relatively young population, with a notable proportion under 10 years old and fewer seniors over 75. Racially, the area is predominantly American Indian and Alaska Native, dwarfing... Read more
Race Distribution in Bethel Census Area, Alaska (2022)
Educational Attainment in Bethel Census Area, Alaska (2022)
Age Distribution in Bethel Census Area, Alaska
Citizen Population in Bethel Census Area, Alaska (2022)
School Data
In Bethel Census Area, Alaska, the student-to-teacher ratio has generally climbed over the past decade, with a notable spike to 177.30 in 2019, likely an anomaly. By 2020, it stabilized to approximately 15 and has remained around that level, surpassing the U.S. national average of 14 students per teacher. This could suggest fewer individualized learning opportunities, which may be key for potential residents, educators, and policymakers in understanding classroom dynamics and resource... Read more
Student-to-teacher ratio in Bethel Census Area, Alaska over the last 10 years
In Bethel Census Area, Alaska, the student-to-teacher ratio has shown a general upward trend over the past decade. Starting at 13 in 2014, it gradually increased to around 14.6 by 2018, with a significant spike to 177.3 in 2019, which is likely an outlier. By 2020, the ratio normalized to approximately 15 and has remained consistent around that level through to 2023. This figure slightly exceeds the current U.S. national average of 14 students per teacher, suggesting that Bethel may offer fewer individualized learning opportunities compared to other regions in the country. This information could be particularly relevant for potential residents, educators, and policymakers looking to understand classroom dynamics and allocate educational resources effectively.
