Kings County Real Estate and Livability Trends
Kings County, California has seen median home values jump from $169,500 in 2015 to $281,400 in 2022, showcasing a strong local housing market, albeit below the state average. This growth is paralleled by a substantial rise in residential energy tax credits, indicating increased investments in energy-efficient homes, potentially appealing to green tech ventures. Property taxes per return surged... Read more
Kings County Market Trends
Kings County, California, experienced a remarkable rise in median home values from $169,500 in 2015 to $281,400 in 2022, suggesting a robust local housing market despite it being below the state’s average. Increased residential energy tax credits, jumping from $1,440.68 in 2013 to $3,823.28 in 2021, reflect growing investments in energy-efficient home improvements, making the area attractive... Read more
Median Value of Occupied Housing Units in Kings County, California Over the Last 8 Years
Kings County, California, has seen a significant increase in median home values over the past eight years, rising from $169,500 in 2015 to $281,400 in 2022. While still considerably lower than the state average, which soared from $385,500 to $659,300 over the same period, Kings County reflects a strong growth trajectory. When compared to the national median, which went from $125,500 to $179,400, Kings County’s housing market appears to be relatively more robust. This upward trend may indicate a promising opportunity for those looking to invest, move to, or develop property in the area.
Residential Energy Tax Credit Per Tax Return in Kings County, CA Over the Last 9 Years
Over the past nine years, Kings County, California has seen a notable increase in the average residential energy tax credit per tax return, moving from $1,440.68 in 2013 to $3,823.28 in 2021. This upward trend highlights a growing investment in energy-efficient home improvements and renewable energy installations among residents. Peaks in 2017 and 2018, at $3,721.88 and $4,066.67 respectively, suggest significant periods of energy-conscious investments. This suggests opportunities for businesses in the renewable energy sector and signals a community increasingly focused on sustainable living, making Kings County an attractive market for green technology ventures and environmentally conscious residents.
Average Real Estate Taxes Per Tax Return in Kings County, CA Over the Last 10 Years
Kings County, California has seen a significant rise in average real estate taxes per tax return over the past decade. Starting from $2316.85 in 2012, the amount climbed steadily every year, hitting its peak in 2021 at $3967.24. This upward trend indicates that property tax burdens are increasing, which could affect decisions for those planning to invest or build in the area. Potential residents and investors should consider these annual increases as they weigh the benefits of entering the Kings County real estate market.
Percentage of Farm Returns in Kings County, CA Over the Last 10 Years
The data reveals a gradual decline in the percentage of farm tax returns in Kings County, California from 1.53% in 2012 to 1.05% in 2020, with a slight uptick to 1.12% in 2021. Farm tax returns could potentially indicate the level of agricultural activity and economic health of farming communities. This steady decrease may suggest shifts in agricultural profitability, land use changes, or broader economic pressures affecting farmers. Those considering investing, building property, or moving to Kings County might want to take these trends into consideration as they could reflect underlying economic and land use shifts in the region.
Number of Mortgages by Occupancy Type in Kings County, CA Over the Last 5 Years in Kings County
The patterns in Kings County, California show a clear dominance of mortgages for principal residences, peaking significantly in 2021. Investment properties and second residences trail far behind in mortgage counts, with a noticeable dip in 2022 for investment properties. These trends indicate potential stability and preference for long-term occupancy, which could influence property values and investment strategies. For real estate agents and investors, understanding these occupancy types informs market demand and risk. Insurance agents and appraisers might find the increase in principal residences relevant for evaluating coverage needs and property valuations. Builders could capitalize on the sustained demand for main homes, indicating promising areas for development.
Economic Outlook
Kings County, California has seen average taxable income per tax return rise steadily from $44,229.46 in 2013 to $58,686.01 in 2021, with notable jumps in 2014 and 2021. Average state and local income taxes have also increased, climbing from $6,471.07 in 2012 to $10,185.13 in 2021, indicating a higher tax burden for residents. Total tax liability has fluctuated between a low of $6,518.05 in 2018 and a high of $7,648.14 in 2015, suggesting a volatile tax environment. Additionally, the county's... Read more
Average Taxable Income per Tax Return in Kings County, CA over the last 9 years
Kings County, CA has seen a steady increase in average taxable income per tax return over the past nine years, rising from $44,229.46 in 2013 to $58,686.01 in 2021. Notable jumps occurred in 2014 and 2021, hinting at economic factors that might be driving higher earnings. This uptick is vital for potential investors, homebuyers, and developers interested in the area, as it reflects a potentially growing economy and increased disposable income among residents.
Average State and Local Income Taxes Per Tax Return in Kings County, CA Over the Last 10 Years
Over the past decade, Kings County, CA, has experienced a notable increase in average state and local income taxes per tax return, rising from $6,471.07 in 2012 to $10,185.13 in 2021. This upward trend highlights a significant increase in tax burden, particularly peaking in recent years, suggesting a shift in the financial landscape that could impact both current residents and potential movers evaluating the cost of living and economic conditions.
Average Total Tax Liability Per Tax Return in Kings County, CA Over the Last 10 Years
Over the past decade, Kings County, California has seen fluctuations in its average total tax liability per tax return, ranging from a low of $6,518.05 in 2018 to a peak of $7,648.14 in 2015. This indicates a somewhat volatile tax environment, which potential investors, homebuyers, or current residents might want to consider when evaluating financial commitments. The variability in tax liabilities could reflect changes in local economic conditions, tax policy adjustments, or shifts in the demographic and income profiles of the area.
Cost of Living in Kings County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,829 | $1,432 | $1,683 | $1,871 | $1,513 |
| 1 adult 4 children | $1,829 | $1,169 | $1,299 | $1,871 | $1,763 |
| 2 adults 3 children | $1,829 | $1,170 | $1,454 | $1,871 | $1,264 |
| 1 adult 3 children | $1,829 | $955 | $1,070 | $1,871 | $1,533 |
| 2 adults 2 children | $1,287 | $957 | $1,226 | $1,620 | $884 |
| 1 adult 2 children | $1,287 | $715 | $842 | $1,620 | $905 |
| 2 adults 1 child | $1,287 | $757 | $997 | $806 | $743 |
| 1 adult 1 child | $1,287 | $489 | $613 | $806 | $644 |
| 2 adults | $1,036 | $608 | $768 | $0 | $596 |
| 1 adult | $1,030 | $332 | $384 | $0 | $602 |
Safety trends & Data
Kings County, California has experienced notable shifts in property crime over the past five years, with burglaries dropping dramatically from 185 arrests in 2019 to 30 in 2021, before a modest increase to 49 in 2022. Larceny-theft also saw a consistent decline from 180 cases in 2018 to 21 in 2021, rising to 91 in 2022. Motor vehicle thefts have fluctuated, peaking at 78 in 2018, falling to 16 in 2021, and climbing again to 43 in 2022. Meanwhile, vandalism arrests have grown steadily from 57 in... Read more
Property Crime Trends in Kings County, CA Over the Last 5 Years
Property crime in Kings County, California has seen notable fluctuations over the last five years. Burglary incidents were high in 2019 with 185 arrests, but saw a sharp decline to 30 by 2021 before slightly rising to 49 in 2022. Larceny-theft showed a consistent decrease, starting from 180 in 2018 and dropping to 21 in 2021, though it slightly increased to 91 in 2022. Motor vehicle thefts have fluctuated, peaking at 78 cases in 2018, then reducing to 16 in 2021, and rising again to 43 in 2022. Vandalism arrests have risen from 57 in 2018 to 82 in 2022. Casual crime trends like arson, embezzlement, and forgery have remained relatively low and stable. Understanding these trends can provide useful insights for real estate investors, insurance agents, and potential residents looking at Kings County.
Demographics
The adult population in Kings County, California skews more male, with approximately 54,329 males compared to 41,145 females. Educational attainment varies significantly, with nearly 12,591 adults having less than a 9th-grade education, while around 9,541 hold a bachelor's degree, and about 4,460 possess graduate or professional degrees. The county’s age distribution is diverse, showing a balanced spread across various age groups, with significant populations in both young (under 10 years)... Read more
Race Distribution in Kings County, California (2022)
Educational Attainment in Kings County, California (2022)
Age Distribution in Kings County, California
Citizen Population in Kings County, California (2022)
Political Trends & Data
Real estate trends in Kings County, California may be influenced by its political leanings, where over 54% of the population showed a preference for the Republican party in recent elections. With Democrats receiving approximately 43%, and minor parties failing to gain significant traction, this predominantly two-party landscape could shape local housing policies and preferences. Potential residents and investors might consider how these political dynamics could impact community development and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Kings County in California saw a notable lean toward the Republican party with just over 54% of the vote, while the Democrats garnered around 43%. The Libertarian and Green parties barely made a mark, possibly reflecting limited voter interest in alternative options. Other minor parties combined for just under 1%, suggesting a strong preference for the two main parties in this region.
54.88% of voters voted for the Republican party in the 2020 Presidential Election
42.63% of voters voted for the Democrat party in the 2020 Presidential Election
1.38% of voters voted for the Livertarian party in the 2020 Presidential Election
0.28% of voters voted for the Green party in the 2020 Presidential Election
0.82% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Kings County, California, the student-to-teacher ratios have seen significant fluctuations over the past nine years, ranging from about 18 to 21 students per teacher. This often exceeds the national average of 14, potentially influencing investment and relocation decisions due to perceived impacts on education quality. These variations may affect property values, a key consideration for real estate agents, appraisers, and builders planning new... Read more
Student-to-teacher ratio in Kings County, California over the last 9 years
The student-to-teacher ratio in Kings County, California, has fluctuated significantly over the past nine years. With a ratio ranging from about 18 to 21 students per teacher, Kings County has often exceeded the national average of 14 students per teacher. These variations may influence investment and relocation decisions, as higher ratios could potentially impact the perceived quality of education. This information is also important for real estate agents, appraisers, and insurance agents when evaluating property values and for builders planning new developments within the county.
