Graham County Real Estate and Livability Trends
Graham County, Arizona, has experienced a notable increase in average taxable income per tax return, rising from $46,842.51 in 2013 to $59,947.01 in 2021, along with a significant jump in state and local income taxes nearly doubling over the same period. Home values have also surged from $123,300 in 2015 to $178,300 in 2022, making the area relatively affordable compared to the state median.... Read more
Graham County Market Trends
Graham County, Arizona, has experienced notable growth in median home values, from $123,300 in 2015 to $178,300 in 2022, making it more affordable compared to the state median of $321,400. Residential energy improvements have seen a significant uptick, with average tax credits rising from $872.73 per return in 2013 to as high as $4,184.62 in 2018, signaling increasing energy efficiency adoption.... Read more
Median Value of Occupied Housing Units in Graham County, Arizona Over the Last 8 Years
Over the past eight years, Graham County, Arizona, has seen its median home values rise from $123,300 in 2015 to $178,300 in 2022. While Graham County's trajectory shows considerable growth, the figures still lag behind Arizona as a whole, where home values surged from $167,500 to $321,400 in the same period. Nationally, the median went from $125,500 to $179,400. This trend presents Graham County as a potentially more affordable option compared to broader state and national figures, which could be quite appealing to those looking to invest or settle in this locale.
Residential Energy Tax Credit Per Tax Return in Graham County, AZ Over the Last 9 Years
Investment in residential energy improvements in Graham County, Arizona, has surged dramatically over the past nine years. From modest averages around $872.73 per tax return in 2013, the figures hit a high of $4,184.62 in 2018. Despite some fluctuations, the overall trend shows growing fiscal benefits, especially with significant peaks in 2016 ($2,088.00) and 2021 ($3,520.00). These rising tax credits indicate increasing adoption of energy-efficient technologies, making it an attractive market for green energy investments, sustainable property development, and for residents prioritizing energy conservation.
Average Real Estate Taxes Per Tax Return in Graham County, AZ Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in Graham County, Arizona, have seen a notable increase, rising from just over $1,400.00 in 2012 to around $2,270.00 in 2021, with a peak of approximately $2,550.00 in 2019. This upward trend may suggest a growing property market, potentially driven by increased property values or higher tax rates. For investors and those considering moving to the area, this could indicate rising costs of owning property, which might correlate with enhanced local amenities or infrastructure development.
Percentage of Farm Returns in Graham County, AZ Over the Last 10 Years
The percentage of farm tax returns in Graham County, Arizona, over the last decade has shown slight fluctuations but generally hovers around 1.5% to 1.8%. In 2020 and 2021, there was a slight dip, with percentages falling to around 1.33% to 1.37%. Farm tax returns represent the portion of tax filings attributed to agricultural activities, useful for understanding the economic landscape and informative for anyone considering investments, moving, building property, or who has a general interest in the region's economic conditions and the state of its agriculture sector.
Number of Mortgages by Occupancy Type in Graham County, AZ Over the Last 5 Years in Graham County
Graham County, Arizona, exhibits fluctuating mortgage rates across various occupancy types over the past five years. Principal residences consistently have the highest mortgage counts, peaking in 2021 with 2,483 mortgages, likely indicating an influx of residents settling in the area. Conversely, investment properties saw a modest dip from 116 in 2020 to 85 by 2022, reflecting a potential caution among investors. Second residences maintain a marginal but stable presence, suggesting limited but consistent interest in vacation homes. These shifts in occupancy types are crucial for investors, real estate agents, and insurers, as they can impact property demand, market stability, and risk assessment in the region.
Economic Outlook
Graham County, Arizona has experienced a noteworthy increase in average taxable income per tax return, climbing from $46,842.51 in 2013 to $59,947.01 in 2021. This suggests a strengthening local economy that could be appealing for investors and new residents. Additionally, state and local income taxes per tax return in the county have seen a significant rise, nearly doubling from $3,391.26 in 2012 to $5,745.45 in 2021, with a sharp increase noted between 2017 and 2018. Understanding these... Read more
Average Taxable Income per Tax Return in Graham County, AZ over the last 9 years
Over the past nine years, Graham County, AZ has seen a notable increase in average taxable income per tax return, rising from $46,842.51 in 2013 to $59,947.01 in 2021. This steady growth indicates a strengthening local economy and could make it an appealing spot for investors, prospective residents, and property developers looking for growth potential. The upward trend suggests improved economic opportunities and a higher standard of living, making Graham County an increasingly attractive location.
Average State and Local Income Taxes Per Tax Return in Graham County, AZ Over the Last 10 Years
In Graham County, AZ, average state and local income taxes per tax return have significantly increased over the last decade, nearly doubling from $3,391.26 in 2012 to $5,745.45 in 2021. The most notable rise occurred between 2017 and 2018, with a substantial jump from $3,585.43 to $4,761.02, reflecting broader economic implications or policy changes during that period. For current and prospective residents, understanding these financial trends is essential as they directly impact disposable income and overall cost of living in the county.
Average Total Tax Liability Per Tax Return in Graham County, AZ Over the Last 10 Years
Graham County, Arizona has seen notable fluctuations in average total tax liability per tax return over the past decade, with a general upward trend. From 2012 to 2021, the tax liability increased from $6,368.17 to $7,751.31, peaking in 2021. The significant rise in recent years, especially post-2020, indicates economic shifts that potential investors and residents should consider, highlighting a growing or changing economic landscape in the region.
Cost of Living in Graham County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,458 | $1,399 | $2,149 | $1,183 | $1,246 |
| 1 adult 4 children | $1,458 | $1,143 | $1,664 | $1,183 | $1,375 |
| 2 adults 3 children | $1,458 | $1,143 | $1,855 | $1,183 | $1,017 |
| 1 adult 3 children | $1,458 | $933 | $1,369 | $1,183 | $1,115 |
| 2 adults 2 children | $1,026 | $936 | $1,560 | $1,025 | $800 |
| 1 adult 2 children | $1,026 | $699 | $1,075 | $1,025 | $743 |
| 2 adults 1 child | $1,026 | $740 | $1,266 | $512 | $731 |
| 1 adult 1 child | $1,026 | $478 | $780 | $512 | $614 |
| 2 adults | $850 | $594 | $971 | $0 | $631 |
| 1 adult | $845 | $324 | $486 | $0 | $568 |
Safety trends & Data
Property crime trends in Graham County, Arizona, have shown some fluctuation in recent years. Larceny-theft peaked at 142 cases in 2019 but dropped significantly to 57 cases in 2020 before an increase to 83 in 2022. While burglary, motor vehicle theft, and arson generally declined, indicating better preventive measures, forgery and counterfeiting incidents rose to eight cases in 2022. This overall reduction in major property crimes could enhance the area's appeal for new homeowners and... Read more
Property Crime Trends in Graham County, AZ Over the Last 4 Years
Property crime in Graham County, Arizona, has experienced notable fluctuations over the past four years. Larceny-theft incidents, the most common type of property crime here, peaked in 2019 with 142 reported cases, then saw a decline to 57 in 2020, before slightly rising to 83 in 2022. Burglary, motor vehicle theft, and arson have generally decreased, indicating potential improvements in preventive measures and policing. Conversely, certain crimes like forgery and counterfeiting have seen an uptick, particularly rising to eight incidents in 2022. The overall reduction in major property crimes could make the area more attractive for prospective homeowners and investors, while the gradual rise in other types of crime might present ongoing challenges.
Demographics
Graham County, Arizona exhibits a notable demographic context with a higher male population compared to females. Educational attainment reveals a substantial segment with high school education or some college experience, though college graduates remain relatively fewer. There is a diverse age distribution, with considerable numbers in both the younger and middle-aged brackets, while senior residents are less prevalent. The racial makeup predominantly consists of White residents, complemented by... Read more
Race Distribution in Graham County, Arizona (2022)
Educational Attainment in Graham County, Arizona (2022)
Age Distribution in Graham County, Arizona
Citizen Population in Graham County, Arizona (2022)
Political Trends & Data
Graham County, Arizona displayed a strong conservative trend in the 2020 U.S. Presidential Election, with nearly 72% of votes going to the Republican candidate. Democrats received around 27%, indicating a significant Republican majority. This political leaning could influence local and state policies to favor Republican priorities, potentially affecting regulatory decisions and real estate developments in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Graham County, Arizona showed a significant lean toward the Republican party in the 2020 U.S. Presidential Election, with nearly 72% of votes. Democrats garnered around 27%, and Libertarians made up just over 1% of the vote. This suggests a strong conservative presence in the county, potentially shaping local and state policies in favor of Republican initiatives.
71.68% of voters voted for the Republican party in the 2020 Presidential Election
26.90% of voters voted for the Democrat party in the 2020 Presidential Election
1.41% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Graham County, Arizona has seen its student-to-teacher ratio fluctuate, peaking at roughly 19 students per teacher in 2020 and recently moderating to around 16. This ratio has consistently been higher than the national average of 14. For investors, real estate agents, and movers, these trends suggest how resources are allocated in local schools and may impact educational quality and neighborhood desirability, which in turn could influence property values. Appraisers and insurance agents might... Read more
Student-to-teacher ratio in Graham County, Arizona over the last 10 years
Graham County, Arizona has seen variations in its student-to-teacher ratio over the last decade, from a high of around 19 students per teacher in 2020, down to approximately 16 in the most recent years. This ratio consistently remained higher than the national average of 14 students per teacher. For potential investors, real estate agents, and those moving to the area, understanding these trends may signal resource allocation in schools and potential impacts on educational quality and demand for housing in particular neighborhoods. Appraisers and insurance agents might consider these factors when assessing property values and risk, as better student-to-teacher ratios often correlate with higher property values and desirability of the area.
