Modoc County Real Estate and Livability Trends
Modoc County, California has seen growth in average taxable income per tax return, from $40,605.41 in 2013 to $53,295.94 in 2021, and a rise in median home values from $133,300 in 2018 to $184,900 in 2022. Although property values are increasing, they remain well below the state median, indicating potential investment opportunities as urban affordability dwindles. Real estate taxes have generally... Read more
Modoc County Market Trends
In Modoc County, California, median home values have experienced noticeable growth, from a low of $133,300 in 2018 to $184,900 in 2022, though they remain well below the state median of $659,300. This indicates a potential investment opportunity as affordability in urban centers decreases. The county has also seen fluctuating but notable residential energy tax credits, peaking at $2,600.00 per... Read more
Median Value of Occupied Housing Units in Modoc County, California Over the Last 8 Years
Over the last eight years, occupancy-based median home values in Modoc County, California have shown some volatility, particularly when compared to state and national trends. With values dipping as low as $133,300 in 2018, they have seen a noticeable increase to $184,900 by 2022, which still places them significantly below California's median of $659,300. However, Modoc County is catching up to the national trend which peaked at $179,400 in 2022. This could indicate an emerging investment potential as affordability in more prominent areas dwindles. Modoc's growth trajectory offers unique opportunities for those looking to invest in more affordable Californian housing landscapes and could become more appealing as external pressures on property values in urban centers persist.
Residential Energy Tax Credit Per Tax Return in Modoc County, CA Over the Last 8 Years
Modoc County, California, saw remarkable fluctuations in residential energy tax credits over the past eight years, with a significant peak in 2016 at $2,600.00 per tax return. This highlights a potential surge in energy-efficient investments or government incentives that year. The subsequent years display a decrease, yet recent values like $1,800.00 in 2019 and $1,050.00 in 2021 still suggest active engagement in energy-saving measures. These trends indicate that investing in energy-efficient properties could be a savvy move for homeowners and developers looking to capitalize on potential tax incentives and contribute to sustainable living practices.
Average Real Estate Taxes Per Tax Return in Modoc County, CA Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in Modoc County, California, have shown a general upward trend. Starting at $2,111.29 in 2012 and peaking at around $2,962.50 in 2019, tax rates have fluctuated slightly but gravitated towards an increase. This gradual rise could potentially indicate increasing property values or changes in local tax policies, making it a key point of interest for investors, potential residents, and those evaluating property development opportunities in the area.
Percentage of Farm Returns in Modoc County, CA Over the Last 10 Years
Farm tax returns in Modoc County, California have generally fluctuated between approximately 8.30% and 9.30% over the past decade, showing a pattern of slight rises and dips. This could suggest a relatively stable agricultural sector with minor variations each year, which might be noteworthy for potential investors and residents interested in the local economy. Reviewing these figures can provide insights into the county's agricultural health and its potential influence on broader economic activities such as property values and business opportunities.
Number of Mortgages by Occupancy Type in Modoc County, CA Over the Last 5 Years in Modoc County
Mortgages for principal residences in Modoc County, California have consistently dominated, peaking at 415 in 2021 and demonstrating a clear preference over other occupancy types. Investment property mortgages fluctuated slightly but remained relatively low, reaching a notable drop to only 7 in 2022. Second residence mortgages followed a similar downward trajectory, becoming significantly less common by the end of the period. This trend suggests a strong, enduring demand for primary housing, while secondary and investment properties might be seen as riskier or less desirable, impacting decisions made by investors, home builders, and insurance agents looking to understand market stability and predict future demand.
Economic Outlook
Modoc County, California has experienced steady growth in average taxable income per tax return, rising from $40,605.41 in 2013 to $53,295.94 in 2021. This trajectory suggests a stable economic environment, possibly attracting new residents and property developers. However, the rising state and local income taxes, reaching $9,000.00 in 2021 from $6,183.64 in 2012, highlight increased financial obligations that may impact disposable incomes and cost of living. Notably, the average total tax... Read more
Average Taxable Income per Tax Return in Modoc County, CA over the last 9 years
Modoc County, CA has seen a steady increase in average taxable income per tax return over the past nine years, with significant growth from $40,605.41 in 2013 to $53,295.94 in 2021. This upward trajectory highlights economic stability and potential for investment, making it an attractive area for new residents and property developers.
Average State and Local Income Taxes Per Tax Return in Modoc County, CA Over the Last 10 Years
Over the past decade, Modoc County, CA, has seen a notable increase in state and local income taxes per tax return, jumping from $6,183.64 in 2012 to $9,000.00 in 2021. This upward trend highlights the rising financial obligation residents face, potentially impacting disposable income and cost of living. Such a trajectory is particularly significant for prospective movers to the area, as higher taxes may influence their decision regarding relocation and budgeting.
Average Total Tax Liability Per Tax Return in Modoc County, CA Over the Last 10 Years
In Modoc County, California, the average total tax liability per tax return has seen notable fluctuations over the past decade, with values ranging from $5,823.95 in 2019 to a peak of $7,125.56 in 2021. This variability indicates a dynamic economic environment that could affect financial planning and tax strategies for residents and potential investors. The most recent increase in 2021 suggests potential changes in the local economy or tax policies, making it essential for stakeholders to stay informed and possibly consult with financial advisors to optimize their tax positions in this region.
Cost of Living in Modoc County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,073 | $1,693 | $2,547 | $1,789 | $1,707 |
1 adult 4 children | $1,073 | $1,383 | $1,971 | $1,789 | $1,859 |
2 adults 3 children | $1,073 | $1,383 | $2,198 | $1,789 | $1,351 |
1 adult 3 children | $1,073 | $1,129 | $1,622 | $1,789 | $1,525 |
2 adults 2 children | $832 | $1,132 | $1,850 | $1,549 | $1,039 |
1 adult 2 children | $832 | $846 | $1,274 | $1,549 | $988 |
2 adults 1 child | $832 | $895 | $1,501 | $768 | $811 |
1 adult 1 child | $832 | $578 | $925 | $768 | $635 |
2 adults | $678 | $719 | $1,152 | $0 | $648 |
1 adult | $674 | $392 | $576 | $0 | $579 |
Safety trends & Data
Modoc County, California, has exhibited fluctuating property crime trends over the past five years, with notable shifts that could influence real estate decisions. Burglary instances peaked at 11 cases in 2019 but dropped to just one by 2022, while larceny-theft saw a sharp rise to 12 incidents in 2022. Motor vehicle thefts have generally declined since 2018, and vandalism incidents have also decreased but show variability. The presence of lesser-seen crimes like arson and fraud adds a layer of... Read more
Property Crime Trends in Modoc County, CA Over the Last 5 Years
Over the past five years, Modoc County, California, has seen fluctuating trends in property crime. While burglary instances peaked in 2019 with 11 cases, they significantly decreased to just one by 2022. Larceny-theft cases showed a sharp increase in 2022, up to 12 incidents compared to three or fewer in previous years. Motor vehicle thefts saw a significant drop from five incidents in 2018 to generally lower numbers in subsequent years. Vandalism saw a general decline but had some variability, peaking in 2018 and experiencing fewer incidents by 2021. Interestingly, the presence of arson and fraud, though relatively minimal, indicates a diversified nature of property crimes in the area. These trends could influence real estate decisions, insurance premiums, and investment strategies for those considering Modoc County.
Demographics
In Modoc County, California, the adult population skews slightly more female than male. Educational attainment levels reveal a significant portion of residents have completed only high school, with fewer individuals holding advanced degrees. The age distribution shows a relatively balanced spread across age groups, but there is a noticeable concentration in the senior demographics, particularly those between 65 to 74 years old. Racially, the population is predominantly White, with small... Read more
Race Distribution in Modoc County, California (2022)
Educational Attainment in Modoc County, California (2022)
Age Distribution in Modoc County, California
Citizen Population in Modoc County, California (2022)
Political Trends & Data
Modoc County in California has shown a strong Republican presence, with an estimated 71.6% of 2020 U.S. Presidential Election votes leaning that way. Democrats seemed to have secured about 26.5%, while minor parties like Libertarians and Greens likely saw minimal support at roughly 0.9% and 0.3% respectively. This could imply a predominantly conservative political climate, potentially impacting local policies and the community's overall political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Modoc County in California has displayed a strong lean towards the Republican party in the 2020 U.S. Presidential Election, with an estimated 71.6% of votes. Democrats may have garnered around 26.5%, while minor parties such as the Libertarians and Greens likely barely made a dent, seeing about 0.9% and 0.3% respectively. These results might suggest a significant Republican presence and possibly a less diverse political ideology within this region.
71.59% of voters voted for the Republican party in the 2020 Presidential Election
26.48% of voters voted for the Democrat party in the 2020 Presidential Election
0.90% of voters voted for the Livertarian party in the 2020 Presidential Election
0.35% of voters voted for the Green party in the 2020 Presidential Election
0.69% of voters voted for the Other party in the 2020 Presidential Election
School Data
Modoc County, California has generally maintained a student-to-teacher ratio around the national average of 14 students per teacher, aside from a significant spike to 161 in 2015 which seems to be an anomaly. In 2023, the ratio improved to 13 students per teacher, suggesting better individualized attention. This trend might be critical for prospective residents and real estate investors assessing the quality of education, which could impact property values and community... Read more
Student-to-teacher ratio in Modoc County, California over the last 9 years
Modoc County, California has seen notable fluctuations in its student-to-teacher ratio over the last nine years, with a significant spike in 2015 at 161 students per teacher, which appears to be an anomaly. Excluding this outlier, the ratios have mostly hovered around the national average of 14 students per teacher. Notably, in 2023, the ratio was 13 students per teacher, suggesting a favorable environment for individualized attention compared to larger urban areas. Understanding these trends could be crucial for prospective residents, real estate agents, and investors looking to evaluate the quality of education in the county, which may subsequently influence property values and community appeal.