Apache County Real Estate and Livability Trends
Apache County, Arizona's real estate market is showing a unique downtrend with median home values dropping from $83,300 in 2015 to $62,400 in 2022, diverging sharply from the upward trajectory seen statewide and nationally. Average residential energy tax credits have more than doubled over nine years, highlighting a growing focus on energy efficiency. The county's average real estate taxes have... Read more
Apache County Market Trends
Apache County, Arizona's real estate market is showing a unique downtrend, with median home values dropping from $83,300 in 2015 to $62,400 in 2022, diverging sharply from the upward trajectory seen statewide and nationally. Average residential energy tax credits have more than doubled over nine years, highlighting a growing focus on energy efficiency. The county's average real estate taxes have... Read more
Median Value of Occupied Housing Units in Apache County, Arizona Over the Last 8 Years
Apache County, Arizona has seen a steady decline in median home values over the past eight years, dropping from $83,300 in 2015 to $62,400 in 2022. This pattern runs counter to both state and national trends where values have increased significantly. For instance, Arizona's median home values have skyrocketed from $167,500 in 2015 to $321,400 in 2022, while national figures have also risen from $125,500 to $179,400 over the same period. This discrepancy may point to unique local factors affecting the Apache County market, making it a potentially interesting area for those considering investment opportunities or exploring more affordable housing options within Arizona.
Residential Energy Tax Credit Per Tax Return in Apache County, AZ Over the Last 9 Years
Over the past nine years, Apache County, Arizona, has seen significant fluctuations in its average residential energy tax credit per tax return, starting at $536.36 in 2013 and more than doubling by 2021 to $1,200.00. The peak was notably high in 2018 at $1,838.46. This trend signals an increasing recognition and utilization of energy efficiency incentives, making it an attractive point for homeowners and investors focused on sustainable living and cost savings.
Average Real Estate Taxes Per Tax Return in Apache County, AZ Over the Last 10 Years
Over the last decade, Apache County, Arizona, has seen a notable rise in average real estate taxes per tax return. Starting at approximately $1,346.11 in 2012, the taxes fluctuated slightly before rising substantially to $2,076.67 by 2020. This trend suggests a steady increase in property values or tax rates, making it an important factor for potential investors and property developers to consider when evaluating long-term returns. For residents and those considering moving to the area, it's indicative of changing economic dynamics and could impact cost of living estimates.
Percentage of Farm Returns in Apache County, AZ Over the Last 10 Years
Over the last 10 years in Apache County, Arizona, the percentage of farm tax returns has generally fluctuated between 4.39% and 5.13%, with a noticeable peak in 2014 at 5.07% and again in 2021 at 5.13%. These numbers suggest a steady but modest presence of farming activities, indicating potentially stable agricultural investments. Farm tax returns are key indicators of agricultural income and property taxes, employed by the IRS to monitor and verify farm-related earnings. For individuals considering investments, property development, or relocation to Apache County, these trends might imply a supportive environment for agricultural pursuits and related economic activities.
Number of Mortgages by Occupancy Type in Apache County, AZ Over the Last 5 Years in Apache County
Apache County, Arizona has seen fluctuations in mortgage counts by occupancy type over the last five years. Notably, principal residences consistently account for the highest number of mortgages, peaking in 2021. Changes in occupancy type matter because they offer insights into market demand and economic stability. A rise in principal residence mortgages suggests growing population attraction or increased local economic health. In contrast, a steady or increasing number of investment property mortgages may indicate potential profitability for investors. These patterns can guide decisions for investors, real estate agents, appraisers, and insurance agents regarding the economic environment and housing market trends in the area.
Economic Outlook
Apache County, Arizona has seen a consistent rise in average taxable income per tax return from $35,880.50 in 2013 to $44,173.01 in 2021, reflecting economic growth. The increase in state and local income taxes, from $3,193.90 in 2012 to $5,070.97 in 2021, highlights shifts in the economic landscape and potential changes in tax policy. The average total tax liability has fluctuated, with notable peaks indicating economic resilience and periods of increased tax burden. Additionally, the... Read more
Average Taxable Income per Tax Return in Apache County, AZ over the last 9 years
Over the last nine years in Apache County, AZ, the average taxable income per tax return has shown a steady increase from $35,880.50 in 2013 to $44,173.01 in 2021. This upward trend reflects economic growth and increasing earnings among residents, making the county more attractive for potential investors and property developers. The consistent rise in income could signal a robust local economy, potentially translating to better quality of life and services for those considering a move or investment in the area.
Average State and Local Income Taxes Per Tax Return in Apache County, AZ Over the Last 10 Years
Over the past decade, Apache County, AZ has seen a notable increase in average state and local income taxes per tax return, starting from $3,193.90 in 2012 and rising sharply to $5,070.97 by 2021. This uptick suggests a significant change in the economic landscape, likely reflecting adjustments in tax policies or variations in income levels. This trend is essential for potential residents and current inhabitants to consider, as it directly impacts disposable income and the overall cost of living in the county.
Average Total Tax Liability Per Tax Return in Apache County, AZ Over the Last 10 Years
In Apache County, Arizona, the average total tax liability per tax return has shown some volatility over the past decade, with notable peaks in 2014 at $5268.02 and 2021 at $5247.51. Generally, the variation has stayed within a range of approximately $4700.00 to $5300.00. These fluctuations highlight both economic resilience and periods of increased tax burden, critical insights for potential investors and residents regarding fiscal trends and economic health in the area.
Cost of Living in Apache County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,233 | $1,468 | $2,765 | $1,478 | $1,481 |
| 1 adult 4 children | $1,233 | $1,199 | $2,139 | $1,478 | $1,574 |
| 2 adults 3 children | $1,233 | $1,199 | $2,387 | $1,478 | $1,195 |
| 1 adult 3 children | $1,233 | $979 | $1,761 | $1,478 | $1,275 |
| 2 adults 2 children | $925 | $982 | $2,008 | $1,281 | $939 |
| 1 adult 2 children | $925 | $733 | $1,383 | $1,281 | $912 |
| 2 adults 1 child | $925 | $776 | $1,630 | $641 | $827 |
| 1 adult 1 child | $925 | $501 | $1,004 | $641 | $676 |
| 2 adults | $703 | $623 | $1,252 | $0 | $661 |
| 1 adult | $618 | $340 | $626 | $0 | $546 |
Safety trends & Data
Apache County, Arizona has experienced variable property crime trends over the past five years. Vandalism spiked notably in 2019 and 2022 with incidents recorded at 119.00 and 116.00 respectively, while larceny-theft dropped from 125.00 cases in 2018 to just 7.00 in 2021 before a slight rise in 2022. This fluctuating crime data could influence investor interest, real estate agent strategies, property appraisals, and insurance risk... Read more
Property Crime Trends in Apache County, AZ Over the Last 5 Years
Apache County, Arizona has seen fluctuating trends in property crime over the last five years. While instances of burglary, vandalism, and motor vehicle theft showed notable variability, vandalism, in particular, spiked in 2019 and 2022 with incidents tallying 119.0 and 116.0 respectively. Larceny-theft experienced a significant decline from 125.0 cases in 2018 to just 7.0 in 2021 before a minor uptick in 2022. Such data might intrigue investors or real estate agents seeking to understand the local crime climate, inform appraisers evaluating the impact of crime on property values, or aid insurance agents in adjusting their risk assessments.
Demographics
Apache County, Arizona, shows a fairly balanced gender distribution in its adult population, with slightly more females than males. Educational attainment data suggests a majority finish high school, but fewer advance to higher education, with those holding a Bachelor's or higher degree in smaller numbers. The age distribution reveals a relatively youthful population, with significant portions in the under-10 and 25-34 age groups. The racial composition is predominantly American Indian and... Read more
Race Distribution in Apache County, Arizona (2022)
Educational Attainment in Apache County, Arizona (2022)
Age Distribution in Apache County, Arizona
Citizen Population in Apache County, Arizona (2022)
Political Trends & Data
In Apache County, Arizona, the Democratic party seemingly led the 2020 U.S. Presidential Election, reflecting potential shifts in the political landscape. Republicans garnered around one-third of the vote, while Libertarians barely made an impact, suggesting third-party influence might not be substantial. These trends could hint at changes in voter priorities and demographic shifts in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Apache County, Arizona, the Democratic party appeared to have a significant lead in the 2020 U.S. Presidential Election, possibly reflecting the area's shifting political dynamics. With Republicans securing roughly one-third of the vote and Libertarians capturing a small fraction, it's suggested that third-party influence was minimal. Such trends could be indicative of evolving voter priorities and demographic changes.
32.53% of voters voted for the Republican party in the 2020 Presidential Election
66.23% of voters voted for the Democrat party in the 2020 Presidential Election
1.24% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Apache County, Arizona, the student-to-teacher ratio has generally hovered around or above the national average of 14 students per teacher over the past decade. The peak was in 2014 with 16 students per teacher, while 2022 saw a drop to about 14. These fluctuations may reflect changes in class sizes and educational resources, factors that could influence property values and community appeal. Real estate professionals might consider these trends when assessing market dynamics and planning... Read more
Student-to-teacher ratio in Apache County, Arizona over the last 10 years
Over the past decade, the student-to-teacher ratio in Apache County, Arizona fluctuated, generally remaining above the national average of 14 students per teacher. The highest ratio of 16 students per teacher was seen in 2014, while the lowest, at about 14, occurred in 2022. For potential investors, parents, and educators, these shifts might indicate variations in class size and educational resources over time, potentially influencing perceived quality of education, property values, and community attractiveness. Real estate agents, builders, and insurance agents might find this data useful for assessing market dynamics and planning future investments in this area.
