Cochise County Real Estate and Livability Trends
In Cochise County, Arizona, average taxable incomes rose from $46,176.92 in 2013 to $57,481.92 in 2021, indicating a stronger economy and potentially boosting property values. Meanwhile, median home values increased modestly from $143,900 in 2015 to $183,000 in 2022, aligning more with national trends than the rapid appreciation seen statewide. The poverty rate's fluctuation, peaking at 21.2% in... Read more
Cochise County Market Trends
Cochise County has experienced a steady yet modest rise in median home values, going from $143,900 in 2015 to $183,000 in 2022, aligning more closely with national trends rather than the rapid appreciation seen statewide in Arizona. Interestingly, residential energy tax credits peaked at $2,670.00 in 2018 and $2,522.92 in 2021, highlighting a growing investment in energy-efficient home... Read more
Median Value of Occupied Housing Units in Cochise County, Arizona Over the Last 8 Years
Cochise County has seen a relatively modest increase in median home values over the past eight years, climbing from $143,900 in 2015 to $183,000 in 2022. This growth contrasts with statewide trends in Arizona, where median values rose more rapidly from $167,500 to $321,400 over the same period. Nationally, the increase was from $125,500 to $179,400, making Cochise County's appreciation more aligned with the national trend than with the state. This suggests potential opportunities for more affordable investing compared to other parts of Arizona while still expecting gradual appreciation.
Residential Energy Tax Credit Per Tax Return in Cochise County, AZ Over the Last 9 Years
Over the last nine years, residential energy tax credits in Cochise County, Arizona have shown significant fluctuations. With values peaking at $2,670.00 in 2018 and $2,522.92 in 2021, the trend suggests an increasing investment in energy-efficient home improvements. These figures indicate both heightened awareness and financial incentive for sustainable living, which could appeal to those interested in long-term energy savings and eco-friendly living. For investors and property developers, this trend underscores a growing market for energy-efficient homes, potentially enhancing property values and rental appeal.
Average Real Estate Taxes Per Tax Return in Cochise County, AZ Over the Last 10 Years
Over the last decade in Cochise County, Arizona, the average real estate taxes per tax return have seen a gradual increase. Starting at about $2,031.91 in 2012, these taxes peaked in 2020 at around $3,097.70 before a slight dip to $2,889.55 in 2021. This trend might indicate a general rise in property values or increased tax rates, which could be significant for potential investors or current property owners looking to understand long-term cost implications.
Percentage of Farm Returns in Cochise County, AZ Over the Last 10 Years
Cochise County, Arizona has seen a fluctuating yet slightly declining trend in the percentage of farm tax returns over the last decade, peaking at approximately 1.23% in 2014 and dropping to around 0.96% by 2020. Farm tax returns are documents filed by farmers to report income and claim deductions related to farming activities. This trend could indicate changes in agricultural productivity or shifts in how land is utilized. For investors or those considering moving to or building property in Cochise County, understanding these subtle economic shifts might provide valuable context about the local agrarian economy and land use trends.
Number of Mortgages by Occupancy Type in Cochise County, AZ Over the Last 5 Years in Cochise County
Changes in the number of mortgages in Cochise County, Arizona show varying trends across different occupancy types, which could indicate shifting market dynamics and preferences among buyers. Principal residence mortgages peaked in 2021 at 10,005 before dropping to 6,355 in 2022, suggesting potential economic factors or market saturation. Investment property mortgages saw a steady decline from 653 in 2021 to 333 in 2022, possibly hinting at reduced investor confidence or better returns elsewhere. Second residence mortgages remained relatively low throughout, which might reflect limited demand for vacation or secondary homes in this area. These trends are significant for investors, appraisers, real estate agents, and potential movers as they reveal economic health, investment viability, and market stability in Cochise County.
Economic Outlook
Average taxable income in Cochise County, Arizona has risen steadily from $46,176.92 in 2013 to $57,481.92 in 2021, reflecting a potentially growing economy and better earning opportunities, hinting at higher property values. State and local income taxes have seen a gradual rise from $3,518.86 in 2012 to $5,930.00 by 2021, with a significant surge between 2017 and 2018, suggesting increasing fiscal responsibilities. The average total tax liability also increased from $6,609.63 in 2012 to... Read more
Average Taxable Income per Tax Return in Cochise County, AZ over the last 9 years
Average taxable income in Cochise County, AZ has seen a steady increase over the last nine years, jumping from $46,176.92 in 2013 to $57,481.92 in 2021. This upward trend suggests a growing economy and potentially higher earning opportunities, making it an attractive location for investors and new residents. The consistent rise in income levels also indicates increased spending power among residents, which can drive local business growth and boost property values.
Average State and Local Income Taxes Per Tax Return in Cochise County, AZ Over the Last 10 Years
Over the last decade, Cochise County, AZ saw a gradual increase in state and local income taxes per tax return, starting at $3,518.86 in 2012 and reaching $5,930.00 by 2021. Notably, there was a significant surge between 2017 and 2018, jumping from $3,785.38 to $5,062.91, and continuing to rise sharply thereafter. This escalation reflects an economic shift that potential residents should consider, signaling increasing fiscal responsibilities within the region.
Average Total Tax Liability Per Tax Return in Cochise County, AZ Over the Last 10 Years
The average total tax liability per tax return in Cochise County, Arizona, has seen a noticeable increase over the past decade, climbing from $6,609.63 in 2012 to $7,747.41 in 2021. This upward trend, particularly the spike between 2015 and 2017, followed by the jump in 2021, highlights the region's growing fiscal responsibility or changing economic conditions. For investors and residents, this could signal a shift in the county's economic vibrancy and tax policy impacts, essential for planning financial commitments.
Cost of Living in Cochise County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,370 | $1,363 | $2,164 | $1,478 | $1,250 |
| 1 adult 4 children | $1,370 | $1,113 | $1,670 | $1,478 | $1,377 |
| 2 adults 3 children | $1,370 | $1,114 | $1,870 | $1,478 | $1,023 |
| 1 adult 3 children | $1,370 | $909 | $1,376 | $1,478 | $1,094 |
| 2 adults 2 children | $964 | $912 | $1,576 | $1,281 | $790 |
| 1 adult 2 children | $964 | $681 | $1,082 | $1,281 | $750 |
| 2 adults 1 child | $964 | $721 | $1,281 | $641 | $710 |
| 1 adult 1 child | $964 | $465 | $788 | $641 | $592 |
| 2 adults | $775 | $579 | $987 | $0 | $579 |
| 1 adult | $727 | $316 | $494 | $0 | $505 |
Safety trends & Data
Cochise County, Arizona's fluctuating property crime rates over the past five years reveal key insights for investors and real estate professionals. Arson peaked at 16 cases in 2020 but remained low overall. Burglary incidents dropped from 90 in 2019 to 41 by 2022, while larceny-theft surged to 599 in 2019 before leveling off at around 335. Vandalism plummeted dramatically from a high of 327 cases in 2019 to just 7 in 2022. These crime trends could influence risk assessments and investment... Read more
Property Crime Trends in Cochise County, AZ Over the Last 5 Years
Over the past five years, Cochise County, Arizona has experienced fluctuations in property crime rates. Arson incidents saw a notable peak in 2020 with 16 cases but generally remained low. Burglary rates started high in 2019 with 90 incidents but tapered off to 41 by 2022. Larceny-theft consistently had the highest numbers, surging to 599 cases in 2019 before stabilizing around 335 in subsequent years. Motor vehicle thefts remained relatively stable with minor variances. Notably, cases of vandalism spiked in 2019 at 327 incidents but dropped significantly to just 7 in 2022. These trends could offer valuable insights for investors, insurers, and real estate professionals assessing risks and opportunities in the region.
Demographics
Cochise County, Arizona, presents intriguing demographic trends that offer insights into its community. The adult population shows a nearly balanced gender distribution, hinting at an equitable community structure. The educational attainment data reveals a significant portion of residents with some college experience but no degree, potentially opening avenues for workforce development initiatives. Age distribution tends to skew older, with notable population clusters in the 55-64 and 65-74 age... Read more
Race Distribution in Cochise County, Arizona (2022)
Educational Attainment in Cochise County, Arizona (2022)
Age Distribution in Cochise County, Arizona
Citizen Population in Cochise County, Arizona (2022)
Political Trends & Data
In Cochise County, Arizona, real estate trends may be influenced by the area's political landscape, as approximately 59% of voters leaned Republican in the 2020 U.S. Presidential Election. This predominantly conservative voter base might impact property values and neighborhood developments, given the typically different priorities in infrastructure and community investments between political affiliations. On average, Libertarians held less sway with just under 2% of the votes, suggesting market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Cochise County, Arizona, the 2020 U.S. Presidential Election showed a notable lean towards the Republican party with approximately 59% of the vote. Democrats trailed, garnering around 39%, and Libertarians held a marginal presence at just under 2%. The absence of votes for Green and Other parties might suggest a more polarized electorate, with voters largely sticking to the two main parties.
58.83% of voters voted for the Republican party in the 2020 Presidential Election
39.26% of voters voted for the Democrat party in the 2020 Presidential Election
1.91% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Cochise County, Arizona has seen its student-to-teacher ratio peak at 19 in 2022 before falling to 18 in 2023, consistently above the national average of 14. These trends could suggest larger class sizes and potential impacts on educational quality, influencing property values and overall attractiveness to families. For real estate professionals and investors, shifts in these ratios may affect demand for properties in areas with more robust educational... Read more
Student-to-teacher ratio in Cochise County, Arizona over the last 10 years
Cochise County, Arizona has experienced fluctuations in its student-to-teacher ratio over the past decade, peaking at 19 in 2022 before slightly declining to 18 in 2023. These numbers have consistently been above the current national average of 14 students per teacher, which might suggest larger class sizes and potential implications for the quality of education. For investors, homeowners, appraisers, insurance agents, and real estate professionals, these trends could signal varying demands on educational infrastructure over time. Changes in student-to-teacher ratios might influence perceptions of the county's public school system and affect property values and attractiveness to families considering moving to the area.
