Marin County Real Estate and Livability Trends
Marin County, California's real estate market is seeing noteworthy trends. Average taxable income per tax return spiked to $296,350.80 in 2021, hinting at lucrative opportunities for investors. Home values soared from $815,100 in 2015 to $1,291,800 in 2022, reflecting high demand. Despite rising state and local taxes—hitting $78,227.90 in 2021—property crime rates, especially burglaries, have... Read more
Marin County Market Trends
The median home value in Marin County skyrocketed from $815,100 in 2015 to $1,291,800 in 2022, outpacing both state and national increases. This robust appreciation signals strong demand and a lucrative prospect for investors. Residential energy tax credits also surged, reaching a peak of $6,041.18 in 2018, underscoring incentives for green energy improvements. Real estate taxes climbed from... Read more
Median Value of Occupied Housing Units in Marin County, California Over the Last 8 Years
The median home values in Marin County have seen a significant upward trend over the past eight years, increasing from $815,100 in 2015 to $1,291,800 in 2022. This growth outpaces both California's state average, which rose from $385,500 to $659,300 in the same period, and the national median, which increased from $125,500 to $179,400. This steep rise in Marin County suggests strong demand and a high appreciation rate, marking it as a potentially lucrative market for investors and an indicator of a highly competitive housing environment for buyers and builders.
Residential Energy Tax Credit Per Tax Return in Marin County, CA Over the Last 9 Years
Marin County, California has seen a significant increase in the average residential energy tax credit per tax return over the past nine years. From $1,482.08 in 2013 to $4,954.01 in 2021, the growth reflects substantial incentives for energy-efficient home improvements. Notably, 2018 marked a peak year with an average of $6,041.18, indicating a possible surge in adoption of renewable energy technologies during that period. This robust trend highlights Marin County as a lucrative spot for investing in green energy solutions, potentially increasing property values and attracting eco-conscious residents.
Average Real Estate Taxes Per Tax Return in Marin County, CA Over the Last 10 Years
Real estate taxes in Marin County, California have shown a significant upward trend over the past decade, rising from $8,839.85 in 2012 to $16,690.46 in 2021. This increase reflects the growing property values and heightened demand in this affluent area. Potential investors and residents should consider the steady rise in taxes, which could impact long-term financial planning and the overall cost of homeownership. The fluctuations, particularly the significant spikes in 2017 and 2019, may also suggest larger economic factors at play, possibly affecting property and investment decisions.
Percentage of Farm Returns in Marin County, CA Over the Last 10 Years
The percentage of farm returns in Marin County, California has experienced a slight but notable overall decline over the past decade, starting from approximately 0.29% in 2012 to roughly 0.26% by 2021. While there are minor fluctuations, the general trend indicates a gradual decrease in farm-based tax filings. This could suggest a shift in the county's agricultural economic activities or potentially reflect broader economic transitions. For investors or potential residents, this might hint at evolving land use patterns and economic drivers in the region.
Number of Mortgages by Occupancy Type in Marin County, CA Over the Last 5 Years in Marin County
Over the past five years in Marin County, California, mortgage activity for principal residences has generally dominated, with numbers peaking in 2020 at 25,357 and experiencing slight variations since then. Investment property mortgages saw a notable dip in 2022, dropping to 804 from the 2018 peak of 1,787. Second residences consistently trailed behind the other categories, with values fluctuating around the 200-500 range. Changes in occupancy type could influence various factors including property values, community stability, and local economy dynamics. An increase in investment properties might suggest rising interest from investors looking for rental income, which could lead to shifts in neighborhood character and rental market conditions. For stakeholders, understanding these trends offers critical insights into market behavior, helping inform investment decisions, property appraisals, insurance valuations, and the overall appeal of the area for potential residents and developers.
Economic Outlook
Marin County, California has experienced a notable surge in average taxable income per tax return, shooting up from $144,909.61 in 2013 to $296,350.80 in 2021. The spike in 2021 especially signals a lucrative landscape for investors and property developers. At the same time, average state and local income taxes per tax return have climbed steeply from $24,867.08 in 2012 to $78,227.90 in 2021, underscoring a hefty tax burden that both residents and newcomers must account for. Despite these... Read more
Average Taxable Income per Tax Return in Marin County, CA over the last 9 years
Over the past nine years, Marin County, CA has seen a dramatic increase in average taxable income per tax return, surging from $144,909.61 in 2013 to $296,350.80 in 2021. Notably, the income growth has been particularly steep in recent years, with a significant jump between 2020 and 2021. This robust rise in income levels highlights Marin County as a lucrative area for potential investors and property developers, while also indicating a higher cost of living that may impact those looking to move to the area.
Average State and Local Income Taxes Per Tax Return in Marin County, CA Over the Last 10 Years
Marin County, CA has seen a significant increase in average state and local income taxes per tax return over the last decade, with figures rising from $24,867.08 in 2012 to a stark $78,227.90 in 2021. This upward trend highlights the escalating tax liabilities for residents, reflecting both higher incomes and potentially increasing local tax rates. Prospective movers and current residents should consider these substantial tax burdens in their financial planning and cost of living assessments.
Average Total Tax Liability Per Tax Return in Marin County, CA Over the Last 10 Years
Over the last decade, Marin County, California has seen a striking increase in average total tax liability per tax return, growing from $34,245.14 in 2012 to an impressive $78,408.82 in 2021. This upward trend highlights a significant rise in economic activity and income levels in the region, making it a potentially lucrative area for investors and property developers. For residents and those considering moving to Marin County, this data underscores the area's growing affluence but also suggests a higher cost of living and tax burden.
Cost of Living in Marin County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $3,913 | $2,115 | $2,196 | $3,175 | $4,119 |
| 1 adult 4 children | $3,913 | $1,727 | $1,695 | $3,175 | $4,392 |
| 2 adults 3 children | $3,913 | $1,728 | $1,898 | $3,175 | $3,756 |
| 1 adult 3 children | $3,913 | $1,411 | $1,397 | $3,175 | $3,966 |
| 2 adults 2 children | $3,188 | $1,415 | $1,599 | $2,819 | $3,008 |
| 1 adult 2 children | $3,188 | $1,057 | $1,098 | $2,819 | $2,922 |
| 2 adults 1 child | $3,188 | $1,118 | $1,300 | $1,660 | $2,347 |
| 1 adult 1 child | $3,188 | $722 | $799 | $1,660 | $2,375 |
| 2 adults | $2,665 | $898 | $1,002 | $0 | $1,338 |
| 1 adult | $2,156 | $490 | $501 | $0 | $1,300 |
Safety trends & Data
Marin County, California's property crime landscape reveals intriguing trends over the past five years. Burglary cases saw a dramatic decline from 180.00 in 2018 to just 1.00 in 2021, possibly indicating better security measures or more effective policing, although there was a slight increase to 67.00 in 2022. Larceny-theft numbers have fluctuated, with a recent high of 171.00 in 2022, down from their peak of 150.00 in 2018. Arson cases, on the other hand, have seen a notable rise, particularly... Read more
Property Crime Trends in Marin County, CA Over the Last 5 Years
Marin County, California has witnessed notable fluctuations in property crime over the past five years. A significant drop in burglary cases is observed, from 180.0 in 2018 to just 1.0 in 2021, indicating possibly heightened security or law enforcement effectiveness. However, the numbers rebounded slightly to 67.0 in 2022. Larceny-theft numbers have also varied, from a high of 171.0 in 2022 down from a peak of 150.0 in 2018. Interestingly, arson cases showed an uptick, particularly in 2020 and 2022, peaking at 22.0 and 21.0 respectively. This data suggests a complex landscape for property crime in the county, valuable for investors, real estate agents, and insurance agents assessing risk and potential returns.
Demographics
In Marin County, California, there seems to be a higher proportion of females compared to males, with roughly 9% more women in the adult population. A significant takeaway is the county's pronounced educational attainment, with a striking 35% holding a Bachelor's degree and around 28% possessing a graduate or professional degree, indicating a highly educated populace. Age distribution indicates an aging population, with individuals aged 45 to 64 making up a substantial portion. In terms of... Read more
Race Distribution in Marin County, California (2022)
Educational Attainment in Marin County, California (2022)
Age Distribution in Marin County, California
Citizen Population in Marin County, California (2022)
Political Trends & Data
In Marin County, California, the 2020 Presidential Election likely saw a significant lean toward the Democratic Party, potentially securing over 82% of the vote. Republicans likely garnered around 16%, with third parties possibly around 1% combined. This strong Democratic presence might have substantial effects on local and state politics, possibly influencing policy decisions and community priorities in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Marin County, California, the 2020 U.S. Presidential Election might have leaned heavily toward the Democratic Party, capturing over 82% of the vote. Republicans trailed significantly with possibly just around 16%. Voter support for third parties, including the Libertarian and Green parties, appears to have been minimal, potentially hovering around 1% combined. This distribution suggests a strong Democratic presence, but the impact of such a trend on local and state politics could be worth examining.
15.79% of voters voted for the Republican party in the 2020 Presidential Election
82.33% of voters voted for the Democrat party in the 2020 Presidential Election
0.99% of voters voted for the Livertarian party in the 2020 Presidential Election
0.46% of voters voted for the Green party in the 2020 Presidential Election
0.43% of voters voted for the Other party in the 2020 Presidential Election
School Data
Marin County, California has seen its student-to-teacher ratio drop from 43 students per teacher in 2014 to about 18 in 2023, moving closer to the national average of 14. This shift may enhance the appeal of the area, as potential buyers could see lower ratios as indicative of better educational support. Investors and agents might leverage these stats in their marketing, while appraisers might consider this data when assessing property values. This trend may suggest increased investment in... Read more
Student-to-teacher ratio in Marin County, California over the last 9 years
Marin County, California has seen a significant drop in the student-to-teacher ratio from 43 students per teacher in 2014 to around 18 in 2023. This trend brings the county much closer to the national average of 14 students per teacher. This shift in the student-to-teacher ratio can impact real estate values, with potential buyers likely viewing areas with lower ratios as more desirable due to the perception of better educational support. For property investors and agents, these data points can be a must-have in marketing materials and decision-making processes. Appraisers might consider these figures when assessing property values, and insurance agents may find that clients interested in family move-ins or educational policies care about such trends. This trend might imply a growing investment in education within the county, enhancing its appeal to families and educators alike.
