Inyo County Real Estate and Livability Trends
Inyo County, California's real estate market is buoyant, with median home values soaring from $240,100 in 2015 to $325,900 in 2022, offering a more affordable option compared to the state's $659,300 median. The rise in average taxable income per tax return to $73,993.65 in 2021, coupled with increasing local income taxes and consistent energy tax credits above $2,700.00 since 2017, signals... Read more
Inyo County Market Trends
Inyo County, California has experienced a notable increase in median home values from $240,100 in 2015 to $325,900 in 2022, indicating growing interest or demand. Despite this, values remain lower than the state's median of $659,300, presenting an appealing alternative for buyers. Energy tax credits have also shown a significant uptick, consistently exceeding $2,700.00 since 2017, reflecting... Read more
Median Value of Occupied Housing Units in Inyo County, California Over the Last 8 Years
Over the past eight years, the median home values in Inyo County, California have shown fluctuations but overall an upward trend. Starting at $240,100 in 2015 and reaching $325,900 by 2022, these values have increased significantly, suggesting growing interest or demand in the area. While the county's values have grown, they're still substantially lower than California's overall median home values, which were $659,300 in 2022. Nonetheless, both county and state levels have surged past national medians, which capped at $179,400 in 2022. This context is crucial for investors, potential movers, and builders as it highlights Inyo County's potential in a competitive Californian housing market while remaining more accessible compared to the state average.
Residential Energy Tax Credit Per Tax Return in Inyo County, CA Over the Last 9 Years
The trend in Inyo County, California shows a significant increase in residential energy tax credits claimed per tax return over the last nine years. Notable peaks include 2017 and 2018, when the averages were $3,088.89 and $5,033.33, respectively. While there is some fluctuation, the credits consistently remain above $2,700.00 from 2017 onwards, underscoring strong investment in energy-efficient home improvements. For investors, potential residents, and property developers, this data highlights a community committed to energy conservation, which could translate into long-term cost savings and environmental benefits.
Average Real Estate Taxes Per Tax Return in Inyo County, CA Over the Last 10 Years
Over the past decade, real estate taxes in Inyo County, California have generally trended upward, rising from approximately $2,921.63 per tax return in 2012 to about $4,608.33 in 2021. This might indicate increasing property values or possibly changes in tax rates, contributing to a higher cost of living over time. Potential investors and current residents should be aware of this steady increase as it could affect their financial planning and the overall attractiveness of the location.
Percentage of Farm Returns in Inyo County, CA Over the Last 10 Years
Inyo County, California has seen fluctuating percentages of farm tax returns over the past decade, with a peak at approximately 1.07% in 2014 and a low of about 0.59% in 2018. Farm tax returns measure the percentage of tax filings specifically from farms, providing insight into the agricultural economic activity in the area. For those looking to invest, relocate, or develop properties in Inyo County, understanding these trends could shed light on the viability and changes in the local agricultural economy, potentially impacting land values and the broader investment landscape.
Number of Mortgages by Occupancy Type in Inyo County, CA Over the Last 5 Years in Inyo County
Inyo County, California, has seen a fluctuating yet somewhat steady number of mortgages for principal residences over the last five years, peaking in 2021 with 932 mortgages. This indicates a growing interest in permanent home purchases, potentially driven by factors like remote work opportunities and the appeal of more spacious living environments during and after the pandemic. Investment properties and second residences, however, have maintained lower and more consistent numbers, suggesting that the area is more desirable for primary living rather than for speculative or secondary home purchases. Such trends can impact various stakeholders: investors might see less competition and thus better deals in the investment property sector, while real estate agents and insurers might focus on primary homeowners for both business and risk assessments. This data is valuable for anyone looking to invest, move to, or assess property in the area, highlighting the evolving preferences of residents and potential homeowners over time.
Economic Outlook
Inyo County, California has shown a steady increase in average taxable income per tax return, jumping to $73,993.65 in 2021. This trend suggests a thriving local economy that could attract investors and homebuyers looking for upward property values. The rising local income taxes, which nearly doubled from $6,164.52 in 2012 to $12,344.83 in 2021, reflect the higher incomes and economic growth in the area. Moreover, the consistent climb in total tax liabilities, reaching $10,705.98 in 2021,... Read more
Average Taxable Income per Tax Return in Inyo County, CA over the last 9 years
Over the past nine years, Inyo County, CA has seen a steady increase in average taxable income per tax return, with a notable jump to $73,993.65 in 2021. This upward trend highlights a growing local economy, making it an attractive option for investors and potential homeowners seeking rising property values. The consistent income growth also suggests stability and potential for future development, positioning Inyo County as a viable location for long-term financial planning and community growth.
Average State and Local Income Taxes Per Tax Return in Inyo County, CA Over the Last 10 Years
Inyo County, CA has experienced a significant rise in average state and local income taxes per tax return over the last decade, increasing from $6,164.52 in 2012 to $12,344.83 in 2021. This upward trend reflects increasing local tax burdens which may impact residents' cost of living and could be a critical consideration for potential movers. The steady increase, nearly doubling over ten years, suggests rising local fiscal demands or successful economic growth leading to higher incomes and, consequently, taxes.
Average Total Tax Liability Per Tax Return in Inyo County, CA Over the Last 10 Years
Over the past decade, Inyo County, California has seen a consistent rise in average total tax liability per tax return, peaking at $10,705.98 in 2021. The increase from $7,478.96 in 2012 to the current peak highlights significant economic growth and possibly higher incomes in the area. This trend is crucial for potential investors and residents as it indicates robust financial health and the potential for continued economic development.
Cost of Living in Inyo County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,555 | $1,456 | $2,680 | $1,900 | $1,904 |
| 1 adult 4 children | $1,555 | $1,189 | $2,074 | $1,900 | $2,079 |
| 2 adults 3 children | $1,555 | $1,189 | $2,313 | $1,900 | $1,578 |
| 1 adult 3 children | $1,555 | $971 | $1,707 | $1,900 | $1,748 |
| 2 adults 2 children | $1,189 | $974 | $1,946 | $1,661 | $1,181 |
| 1 adult 2 children | $1,189 | $727 | $1,340 | $1,661 | $1,194 |
| 2 adults 1 child | $1,189 | $769 | $1,580 | $885 | $944 |
| 1 adult 1 child | $1,189 | $497 | $973 | $885 | $784 |
| 2 adults | $961 | $618 | $1,213 | $0 | $702 |
| 1 adult | $795 | $337 | $606 | $0 | $592 |
Safety trends & Data
Inyo County, California has experienced a notable drop in burglary incidents from 93 in 2018 to just 12 in 2022. Other property crimes like larceny-theft and vandalism have fluctuated but stayed relatively low, and while motor vehicle theft spiked in 2022, fraud incidents have significantly decreased since 2018. These trends provide important insights for investors, property developers, and real estate agents assessing the area's safety and economic... Read more
Property Crime Trends in Inyo County, CA Over the Last 4 Years
Inyo County, California has seen significant fluctuations in property crime over the past four years, especially in burglary incidents which dropped from 93 in 2018 to 12 in 2022. Larceny-theft and vandalism have also shown variable trends but remained relatively lower in numbers. Notable spikes in motor vehicle theft occurred in 2022 while fraud incidents decreased notably since 2018. Investors, property developers, and real estate agents may find these trends useful in evaluating the region's safety and economic stability.
Demographics
Inyo County, California, has a balanced gender distribution, with a slight male majority. It's educational attainment levels show a significant portion of residents have at least some college education, though many have only a high school diploma or less, which might indicate varying levels of job market qualifications. The age distribution suggests a fairly even spread across different age groups, though there's a notable presence of older adults, which could imply rising healthcare and... Read more
Race Distribution in Inyo County, California (2022)
Educational Attainment in Inyo County, California (2022)
Age Distribution in Inyo County, California
Citizen Population in Inyo County, California (2022)
Political Trends & Data
Inyo County, California, saw a remarkably close race in the 2020 U.S. Presidential Election, with Democrats slightly edging out Republicans, hinting at a politically balanced electorate. Minor parties like the Libertarians and Greens, although capturing a small fraction of the vote, indicate diverse political engagement. This nuanced voting pattern may reflect an intriguing mix of political ideologies among the Inyo electorate, making it a unique area within the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Inyo County, California, the 2020 U.S. Presidential Election saw a remarkably close race, with Democrats slightly edging out Republicans, possibly indicating a more politically balanced electorate than might be expected in other parts of the state. The minor parties like the Libertarian and Green parties, while still capturing a very small fraction of the vote, could suggest a level of diverse political engagement within this county. This nuanced voting pattern might illustrate an intriguing blend of political ideologies among the Inyo electorate.
48.71% of voters voted for the Republican party in the 2020 Presidential Election
48.86% of voters voted for the Democrat party in the 2020 Presidential Election
1.35% of voters voted for the Livertarian party in the 2020 Presidential Election
0.47% of voters voted for the Green party in the 2020 Presidential Election
0.60% of voters voted for the Other party in the 2020 Presidential Election
School Data
Inyo County, California, has experienced notable fluctuations in its student-to-teacher ratio, peaking at 16 students per teacher in 2022 before dropping to 12 in 2023. These shifts, which align closely with the national average of 14, may signal changes in educational resources or demographics. Such variations could potentially influence property values and community appeal, making it a point of interest for investors, educators, and real estate agents. Insurance agents might interpret these... Read more
Student-to-teacher ratio in Inyo County, California over the last 9 years
Over the past nine years, Inyo County, California, has seen fluctuations in its student-to-teacher ratio, peaking at 16 students per teacher in 2022 and declining to 12 in 2023. These numbers are generally comparable to the national average of 14 students per teacher but have at times been notably higher or lower. For potential investors, educators, and real estate agents, such dynamics may indicate shifting educational resources or demographic changes, which could affect both the appeal and valuation of local properties. Insurance agents might see this as an indicator of changing community structures, potentially influencing premiums or risk assessments.
