Pinal County Real Estate and Livability Trends
Pinal County, Arizona, has exhibited significant growth in median home values, jumping from $128,700 in 2015 to $268,900 in 2022, surpassing both state and national averages. This surge hints at lucrative investment opportunities. Rising average residential energy tax credits, from $806.07 in 2013 to $3,408.49 in 2021, underscore a growing emphasis on sustainability, potentially enhancing... Read more
Pinal County Market Trends
Pinal County, Arizona, has experienced a significant surge in median home values, climbing from $128,700 in 2015 to $268,900 in 2022, which outpaces both state and national trends. This could suggest a robust market ripe for investment. Additionally, the jump in average residential energy tax credits from $806.07 in 2013 to $3,408.49 in 2021 highlights a growing focus on sustainability,... Read more
Median Value of Occupied Housing Units in Pinal County, Arizona Over the Last 8 Years
Pinal County, Arizona, has seen a dramatic increase in median home values over the past 8 years, moving from $128,700 in 2015 to $268,900 in 2022. Interestingly, this growth outpaces both state and national trends. While Arizona's median house value went from $167,500 to $321,400, and the national median moved from $125,500 to $179,400, Pinal County’s consistent rise could suggest a promising area for investment. Whether you're considering building, moving, or just following local real estate trends, this data might signify a robust and appreciating market in Pinal County.
Residential Energy Tax Credit Per Tax Return in Pinal County, AZ Over the Last 9 Years
Pinal County, Arizona has seen a notable increase in average residential energy tax credits per tax return over the last nine years, climbing from $806.07 in 2013 to $3,408.49 in 2021. This trend highlights a growing investment in energy-efficient home improvements and renewable energy systems among residents. For those looking to invest or build property in the area, this increase signifies a strong commitment to sustainability and potential savings on energy costs. This surge also indicates a positive trend for the residential property market, as energy-efficient homes typically attract higher resale values.
Average Real Estate Taxes Per Tax Return in Pinal County, AZ Over the Last 10 Years
Pinal County, Arizona, has seen a noticeable increase in average real estate taxes per tax return over the past decade. Starting at around $1,972.35 in 2012, the taxes jumped to over $3,097.72 by 2021, peaking at $3,156.00 in 2020. This upward trend indicates growing property values or increased tax rates, which might be of interest to investors, potential residents, and property developers evaluating the cost of ownership in the area.
Percentage of Farm Returns in Pinal County, AZ Over the Last 10 Years
Farm tax returns in Pinal County, Arizona have seen a general decline over the past decade, edging from approximately 0.41% in 2012 to roughly 0.30% in 2021. This trend could indicate a shift away from agricultural investments or changing economic priorities within the county. Investors and potential residents might see this as a signal of reduced emphasis on farming, which could affect land use and community development strategies. For those planning to invest or build property, understanding these dynamics could be crucial for informed decision-making.
Number of Mortgages by Occupancy Type in Pinal County, AZ Over the Last 5 Years in Pinal County
Over the last five years, Pinal County, Arizona has seen notable fluctuations in mortgage activity across different occupancy types. Principal residences consistently dominate the market, albeit with a notable drop in 2022. Investment properties also saw significant growth until a slight dip in the same year. These shifts in occupancy type are crucial for anyone eyeing the real estate market in this region. Investors may see opportunities in the rising interest in principal residences, while insurance agents could adjust risk assessments based on these dynamic trends. Real estate agents, appraisers, and potential homeowners need to take these patterns into account to make informed decisions on buying, selling, or developing properties in Pinal County.
Economic Outlook
Pinal County, Arizona has demonstrated a clear upward trend in average taxable income per tax return over the last nine years, jumping from $47,245.05 in 2013 to $64,286.12 in 2021. Notably, state and local income taxes have seen a significant rise, going from $3,261.63 in 2012 to $5,618.97 in 2021, possibly affecting residents' cost of living concerns. Additionally, the average total tax liability per return has increased from $6,339.95 in 2012 to $8,473.15 in 2021, pointing towards higher... Read more
Average Taxable Income per Tax Return in Pinal County, AZ over the last 9 years
In the last nine years, Pinal County, AZ has experienced a clear upward trend in average taxable income per tax return, with notable growth between 2013 and 2021. Starting at $47,245.05 in 2013, the average steadily increased, reaching $64,286.12 in 2021. This increase of over $17,000 highlights the county's rising economic prosperity, making it an attractive location for investors, new residents, and property developers eyeing areas with improving financial health.
Average State and Local Income Taxes Per Tax Return in Pinal County, AZ Over the Last 10 Years
Over the past decade, Pinal County, AZ has experienced a notable rise in the average state and local income taxes per tax return, climbing from $3,261.63 in 2012 to $5,618.97 in 2021. This significant upward trend could impact residents' financial planning and cost of living considerations, making it a critical factor for prospective movers and current residents alike.
Average Total Tax Liability Per Tax Return in Pinal County, AZ Over the Last 10 Years
Over the past decade, the average total tax liability per return in Pinal County, Arizona has shown a steady increase, from $6,339.95 in 2012 to a significant jump to $8,473.15 in 2021. Such trends indicate a rising economic activity and potentially higher incomes, reflecting a region that could be growing in prosperity. For investors, this suggests a thriving local economy, while prospective residents might interpret these figures as a marker of a county with expanding opportunities and resources.
Cost of Living in Pinal County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,152 | $1,379 | $1,714 | $1,568 | $1,560 |
| 1 adult 4 children | $2,152 | $1,126 | $1,323 | $1,568 | $1,749 |
| 2 adults 3 children | $2,152 | $1,127 | $1,481 | $1,568 | $1,323 |
| 1 adult 3 children | $2,152 | $920 | $1,090 | $1,568 | $1,516 |
| 2 adults 2 children | $1,569 | $922 | $1,248 | $1,371 | $991 |
| 1 adult 2 children | $1,569 | $689 | $857 | $1,371 | $1,060 |
| 2 adults 1 child | $1,569 | $729 | $1,015 | $730 | $903 |
| 1 adult 1 child | $1,569 | $471 | $624 | $730 | $815 |
| 2 adults | $1,323 | $586 | $782 | $0 | $724 |
| 1 adult | $1,212 | $319 | $391 | $0 | $641 |
Safety trends & Data
Pinal County, Arizona has had fluctuating property crime trends over the past five years, with larceny-theft peaking at 1,068 instances in 2022. Motor vehicle theft has seen a slight uptick to 126 incidents, though burglary and vandalism remain significant concerns with 314 cases reported last year. These trends suggest potential risk factors for investors, residents, appraisers, insurance agents, builders, and real estate professionals assessing property security and insurance... Read more
Property Crime Trends in Pinal County, AZ Over the Last 5 Years
Pinal County, Arizona has shown fluctuating trends in property crimes over the last five years. Larceny-theft consistently remains the highest category, peaking at 1,068 instances in 2022. Burglary and motor vehicle theft have seen some variances, but both remain significant concerns, particularly with a slight uptick in motor vehicle theft to 126 incidents in 2022. Vandalism cases have decreased since 2018, but still reported 314 cases in 2022. Fraud and forgery have had smaller, yet notable incidents that also saw variations. These trends imply potential risk factors for investors, residents, appraisers, insurance agents, builders, and real estate professionals analyzing property security and insurance costs in the area.
Demographics
Pinal County, Arizona, reflects a diverse demographic profile. With a nearly even split between male (167,053) and female (150,874) residents in 2022, the population exhibits balance in gender distribution. Educational attainment varies greatly, where a significant portion has completed high school or some college, but fewer hold advanced degrees. The age distribution suggests a fairly varied population, with notable clusters in the under-10 and 25-34 ranges. Racially, White individuals make up... Read more
Race Distribution in Pinal County, Arizona (2022)
Educational Attainment in Pinal County, Arizona (2022)
Age Distribution in Pinal County, Arizona
Citizen Population in Pinal County, Arizona (2022)
Political Trends & Data
The real estate market in Pinal County, Arizona, may potentially be influenced by its political leanings, with around 58% of voters favoring Republican candidates in the 2020 U.S. Presidential Election. This could indicate a preference for policies that favor property rights and lower taxes, making it an appealing location for conservative buyers. With Democrats capturing roughly 41% of the vote, there's a notable but less dominant progressive demographic, adding some diversity to the political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Pinal County, Arizona, appears to lean Republican, with approximately 58% of the vote in the 2020 U.S. Presidential Election favoring the GOP. Democrats garnered around 41%, indicating a significant but somewhat distant second place. Libertarians captured just over 1.5%, while other parties, including the Green Party, failed to make an impact. This suggests a relatively stable two-party system with minimal influence from third parties.
57.89% of voters voted for the Republican party in the 2020 Presidential Election
40.60% of voters voted for the Democrat party in the 2020 Presidential Election
1.51% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Pinal County, Arizona, the student-to-teacher ratio has mostly been above the national average of around 15 students per teacher for the past decade. Notable spikes in 2019, reaching 30 students per teacher, point to possible resource or staffing issues that year. Recently, the ratio has settled around 18 to 19 students per teacher, indicating larger class sizes that might stress teachers and limit individual student attention, possibly impacting educational outcomes. This trend is critical... Read more
Student-to-teacher ratio in Pinal County, Arizona over the last 10 years
The student-to-teacher ratio in Pinal County, Arizona has fluctuated over the last decade, generally remaining higher than the national average of about fifteen students per teacher. Significant peaks were noted in 2019, with the ratio spiking to 30 students per teacher, which could suggest resource allocation or staffing challenges during that year. Recent years show the ratio hovering around 18 to 19 students per teacher, still suggesting larger class sizes compared to the national average. High ratios might indicate overburdened teachers and potentially less individual attention for students, potentially affecting educational outcomes. Such trends could be crucial for investors, real estate agents, and families considering moving to this area, highlighting potential areas for advocacy and improvement in educational resources.
