Fresno County Real Estate and Livability Trends
Fresno County, California, has seen impressive economic growth, evidenced by the increase in average taxable income per tax return to $66,718.95 in 2021 and a decline in the poverty rate to 16.6% in 2022. Housing market activity is equally intriguing, with median home values rising from $194,600 in 2015 to $338,200 in 2022, making the area an attractive entry point in the state's housing market.... Read more
Fresno County Market Trends
Over the past eight years, Fresno County, California has experienced robust growth in median home values, rising from $194,600 in 2015 to $338,200 in 2022. This makes it an intriguing option for those seeking more affordable entry points into the state's housing market, despite the fact that California's overall median rose more sharply. The notable increase in average Residential Energy Tax... Read more
Median Value of Occupied Housing Units in Fresno County, California Over the Last 8 Years
Over the past eight years, Fresno County, California has seen consistent and robust growth in median home values, jumping from $194,600 in 2015 to $338,200 in 2022. While the state median rose more sharply, from $385,500 to $659,300, Fresno County still offers a relatively more affordable entry into California's housing market. Nationally, home values increased at a slower pace, from $125,500 to $179,400 during the same period, underscoring Fresno's significant relative growth. For investors and homebuyers eyeing California's real estate market, Fresno County could present a compelling balance of growth potential and affordability.
Residential Energy Tax Credit Per Tax Return in Fresno County, CA Over the Last 9 Years
Fresno County, California has seen a notable increase in the average Residential Energy Tax Credit per tax return over the past nine years. Peaking at $5,036.05 in 2018, the incentive remains substantial despite some fluctuations. For those considering investments in sustainable energy solutions, these financial benefits indicate strong support and significant returns on energy-efficient investments, making the area attractive for environmentally conscious property owners.
Average Real Estate Taxes Per Tax Return in Fresno County, CA Over the Last 10 Years
Over the past decade, Fresno County in California has experienced a significant increase in average real estate taxes per tax return, rising from $2,866.92 in 2012 to $5,253.17 in 2021. This trend could signal an appreciating real estate market and potentially higher property values, which may be attractive to both investors and prospective homeowners. However, prospective buyers should consider the financial impact of increased tax obligations in their long-term financial planning.
Percentage of Farm Returns in Fresno County, CA Over the Last 10 Years
In Fresno County, California, there's been a gradual decline in the percentage of farm returns over the last decade, dipping from around 1.25% in 2012 to roughly 0.87% in 2021. This consistent downward trend might suggest various challenges in the agricultural sector or shifts in the economic landscape. For investors or those considering moving to Fresno, understanding farm tax returns could be crucial, since they represent the income filings from farming activities, reflecting the profitability and scale of the agricultural economy. These insights are key for making informed decisions about property investments, recognizing potential growth areas, or gauging the overall health of the farming community.
Number of Mortgages by Occupancy Type in Fresno County, CA Over the Last 5 Years in Fresno County
In Fresno County, California, the number of mortgages for principal residences saw a significant uptick around 2020, peaking at 64,050, before dropping to 33,436 by 2022. Meanwhile, investment property mortgages also rose sharply around 2021, highlighting an increased interest in this occupancy type, only to decline again the following year. Second residences had relatively low but consistent numbers throughout the period. These variabilities in mortgage counts can impact investment strategies, affect property valuations, and influence local housing market dynamics. For real estate agents, appraisers, and investors, it shows fluctuating demand and potential shifts in property utilization trends, essential for making informed decisions.
Economic Outlook
Fresno County, California, has shown a marked increase in average taxable income per tax return over the last nine years, peaking at $66,718.95 in 2021. This is coupled with a significant rise in state and local income taxes, climbing from $7,902.81 in 2012 to $18,303.37 in 2021—over a 130% increase. Additionally, the average total tax liability per tax return peaked at $10,292.89 in 2021, with notable jumps around 2015 and 2017. While these upward trends signify economic growth, they also... Read more
Average Taxable Income per Tax Return in Fresno County, CA over the last 9 years
Over the last nine years, the average taxable income per tax return in Fresno County, CA, has shown a marked increase, peaking at $66,718.95 in 2021. This upward trend points to growing financial health in the region, with significant jumps particularly noticeable in the years between 2017 and 2021. Investors, homebuyers, and developers can view this as a sign of economic vibrancy and potential for further growth.
Average State and Local Income Taxes Per Tax Return in Fresno County, CA Over the Last 10 Years
Fresno County, CA has seen a significant rise in state and local income taxes per tax return over the past decade, climbing from $7,902.81 in 2012 to $18,303.37 in 2021. This over 130% increase reflects broader trends in higher tax burdens for residents. Those considering a move to Fresno County should be aware of these rising costs, as they could impact overall living expenses and financial planning.
Average Total Tax Liability Per Tax Return in Fresno County, CA Over the Last 10 Years
Over the past decade, Fresno County, California has seen its average total tax liability per tax return steadily climb, peaking in 2021 at $10,292.89. Notably, the tax burden saw significant jumps around the years 2015 and 2017, suggesting periods of economic growth or changes in tax legislation. This upward trend matters for potential investors and residents, indicating a possibly growing economy and rising incomes but also a higher cost of living.
Cost of Living in Fresno County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,772 | $1,448 | $1,683 | $2,053 | $1,532 |
| 1 adult 4 children | $1,772 | $1,182 | $1,299 | $2,053 | $1,779 |
| 2 adults 3 children | $1,772 | $1,183 | $1,454 | $2,053 | $1,280 |
| 1 adult 3 children | $1,772 | $966 | $1,070 | $2,053 | $1,548 |
| 2 adults 2 children | $1,258 | $968 | $1,226 | $1,789 | $906 |
| 1 adult 2 children | $1,258 | $723 | $842 | $1,789 | $932 |
| 2 adults 1 child | $1,258 | $765 | $997 | $933 | $750 |
| 1 adult 1 child | $1,258 | $494 | $613 | $933 | $649 |
| 2 adults | $997 | $615 | $768 | $0 | $569 |
| 1 adult | $991 | $335 | $384 | $0 | $572 |
Safety trends & Data
Fresno County's property crime trends show marked fluctuations, especially in burglaries that dropped from 1,099 in 2018 to 179 in 2021 before rebounding to 357 in 2022. Larceny-theft has remained relatively consistent with a slight drop from 1,343 in 2018 to 1,168 in 2022. Interestingly, arson cases saw a rise to 95 incidents in 2022, up from just 28 in 2019. Motor vehicle theft also showed volatility, climbing from 245 in 2019 to 345 in 2020. For investors, homebuyers, and real estate... Read more
Property Crime Trends in Fresno County, CA Over the Last 5 Years
Fresno County's property crime trends over the past five years indicate fluctuations rather than a steady decline or increase. Notably, burglaries saw a significant drop from 1,099 in 2018 to just 179 in 2021 but rebounded to 357 by 2022. Larceny-theft, on the other hand, remained relatively consistent, peaking at 1,343 in 2018 and recording 1,168 in 2022. Arson cases notably rose in 2022 with 95 incidents compared to just 28 in 2019. Trends in motor vehicle theft also show volatility, climbing from 245 in 2019 to 345 in 2020. Such data could be pivotal for investors, real estate agents, and potential homeowners to understand localized crime dynamics better, potentially influencing decisions on where to allocate resources, assess property security measures, or even factor in when evaluating insurance risks.
Demographics
Fresno County's male and female populations are nearly balanced with a slight skew towards females. Educational attainment appears varied; the largest segments include high school graduates and those with some college but no degree, while a relatively small segment hold graduate or professional degrees. Age-wise, a youthful population is notable, with significant portions under 35 years old. Racial diversity is marked with Whites as the major group, yet there is a notable presence of Asians and... Read more
Race Distribution in Fresno County, California (2022)
Educational Attainment in Fresno County, California (2022)
Age Distribution in Fresno County, California
Citizen Population in Fresno County, California (2022)
Political Trends & Data
Fresno County, California, has shown a slight tilt towards the Democratic Party in the 2020 presidential election, hinting at potential changes in voter behavior. While Democrats may have gained a modest lead over Republicans, minor parties like the Libertarian and Green parties captured only a small portion of the vote, suggesting early signs of political diversification among the electorate. This could signal broader shifts both within California and nationally, offering a useful lens for... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Fresno County, located in California, shows a slight leaning towards the Democratic Party, with the Democrats potentially gaining a modest lead over Republicans in the 2020 presidential election. Although the Libertarian and Green parties, as well as other minor parties, garnered only a small fraction of the vote, this outcome might suggest a diversification of political preferences among the electorate. The data could reflect broader state-wide or national electoral shifts, warranting further analysis into voter behavior and party influence in this region.
45.07% of voters voted for the Republican party in the 2020 Presidential Election
52.90% of voters voted for the Democrat party in the 2020 Presidential Election
1.10% of voters voted for the Livertarian party in the 2020 Presidential Election
0.40% of voters voted for the Green party in the 2020 Presidential Election
0.53% of voters voted for the Other party in the 2020 Presidential Election
School Data
Fresno County, California's student-to-teacher ratio has fluctuated over the past nine years, peaking at nearly 25 students per teacher in 2021 and dipping to around 20 in 2023. With ratios consistently above the national average of 14, the area's educational resources could be seen as strained. This might influence decisions for investors and families, as larger class sizes can impact educational quality and, in turn, property desirability and... Read more
Student-to-teacher ratio in Fresno County, California over the last 9 years
Over the last nine years, Fresno County, California has seen fluctuations in its student-to-teacher ratio, ranging from a peak of nearly 25 students per teacher in 2021 to a low of about 20 in 2023. This variation could influence decisions for potential investors, real estate agents, and families considering the area, as larger class sizes might indicate overcrowding and strain on educational resources. Notably, Fresno County's ratio has been consistently above the national average of 14, pointing to potential challenges in individualized attention for students and possibly impacting educational outcomes. Appraisers and insurance agents might take these ratios into account when evaluating property values and risk, given that educational quality is a significant factor in community desirability.
