Mesa County Market Trends
Median Value of Occupied Housing Units in Mesa County, Colorado Over the Last 8 Years
Mesa County, Colorado, has experienced a steady increase in median home values over the past eight years, rising from $199,000 in 2015 to $312,600 in 2022. This growth trend, though significant, is still more affordable compared to the state of Colorado, which saw its median value jump from $247,800 to $465,900 in the same period. On a national level, housing prices rose from $125,500 to $179,400 during this timeframe, indicating that Mesa County might offer a more affordable yet appreciating market relative to broader trends, making it potentially attractive for property investment or relocation.
Residential Energy Tax Credit Per Tax Return in Mesa County, CO Over the Last 9 Years
Mesa County, Colorado has seen a significant increase in the average residential energy tax credit per tax return over the past nine years. Starting at $692.25 in 2013, the credit surged to $3,563.41 by 2018, reflecting growing investment in energy-efficient upgrades. Even with some fluctuations, the consistent upward trend, reaching $2,511.21 in 2021, reveals a robust commitment to energy efficiency which can be a strong selling point for property developers and a financial incentive for new residents. This trend highlights Mesa County’s proactive stance on energy conservation, making it an attractive location for eco-conscious investors and residents.
Average Real Estate Taxes Per Tax Return in Mesa County, CO Over the Last 10 Years
Over the past decade, Mesa County, Colorado, has seen a noteworthy increase in real estate taxes per tax return, with values surging from $1,471.25 in 2012 to $2,648.71 in 2021. The most significant jump occurred between 2016 and 2018, indicating potential shifts in property values or tax policies. This trend could signal rising property values, making it an area of interest for investors and prospective homeowners.
Percentage of Farm Returns in Mesa County, CO Over the Last 10 Years
Over the last decade, Mesa County, Colorado has seen a gradual decline in the percentage of farm tax returns filed, starting at approximately 2.45% in 2012 and decreasing to around 1.86% by 2021. Farm tax returns represent the income reports filed by individuals or entities engaged in agricultural activities, and this downward trend might suggest a shift in the local economic focus or challenges in the farming sector. This could be significant for investors, potential residents, and developers who might want to understand the changing economic priorities and the evolution of agricultural viability in Mesa County.
Number of Mortgages by Occupancy Type in Mesa County, CO Over the Last 5 Years in Mesa County
In Mesa County, Colorado, over the past five years, the number of mortgages for principal residences has consistently been the highest, with a peak in 2020 at nearly 18,575 and a notable drop to 9,775 in 2022. Investment properties saw an initial increase from 2018 to 2021 but experienced a significant decline by 2022. Mortgages for second residences have remained relatively low and stable, with a slight dip in 2022. Changes in the type of mortgage occupancy can impact local housing markets by influencing property values, demand for rental properties, and overall investment attractiveness, essential for potential investors, real estate agents, and insurance agents gauging market stability and growth opportunities.
Economic Outlook
Average Taxable Income per Tax Return in Mesa County, CO over the last 9 years
Mesa County, CO has seen a steady growth in average taxable income per tax return over the last nine years. Starting at $54,631.76 in 2013, the figure experienced an upswing with minor fluctuations, culminating at $72,963.95 by 2021. This increase underscores a significant economic vitality in the area, making it an attractive prospect for investors and new residents. It also offers an encouraging environment for property development, signaling potentially rising disposable incomes and economic stability.
Average State and Local Income Taxes Per Tax Return in Mesa County, CO Over the Last 10 Years
Mesa County has seen a significant increase in average state and local income taxes per tax return over the past decade. Starting at $4,611.69 in 2012, there was a notable surge in recent years, reaching $9,664.52 in 2021. This trend highlights rising financial obligations on residents, which is critical for potential movers and current inhabitants to consider as they plan their budgets and financial strategies.
Average Total Tax Liability Per Tax Return in Mesa County, CO Over the Last 10 Years
Mesa County, Colorado has seen significant fluctuations in average total tax liability per tax return over the past decade, peaking at $11,240.39 in 2021. Notably, the tax liability exhibited substantial growth in 2017, reaching $10,102.70, and remained on a general upward trend thereafter, except for minor declines in certain years. This variable trajectory offers a glimpse into the economic activity and tax policy impact within the county, suggesting periods of increased incomes or policy changes affecting taxpayers. These trends are crucial for anyone looking to understand the fiscal landscape for investments, property development, and residency in Mesa County.
Cost of Living in Mesa County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,515 | $1,496 | $1,780 | $1,769 | $1,489 |
| 1 adult 4 children | $1,515 | $1,222 | $1,373 | $1,769 | $1,641 |
| 2 adults 3 children | $1,515 | $1,222 | $1,538 | $1,769 | $1,250 |
| 1 adult 3 children | $1,515 | $998 | $1,132 | $1,769 | $1,390 |
| 2 adults 2 children | $1,066 | $1,000 | $1,296 | $1,532 | $958 |
| 1 adult 2 children | $1,066 | $747 | $890 | $1,532 | $968 |
| 2 adults 1 child | $1,066 | $791 | $1,054 | $763 | $821 |
| 1 adult 1 child | $1,066 | $511 | $648 | $763 | $692 |
| 2 adults | $812 | $635 | $812 | $0 | $591 |
| 1 adult | $713 | $346 | $406 | $0 | $512 |
Safety trends & Data
Property Crime Trends in Mesa County, CO Over the Last 5 Years
Property crime trends in Mesa County, Colorado have shown some interesting variations over the last five years. Burglary cases saw a general increase, particularly jumping from 106 in 2020 to 148 in 2022. Larceny-Theft numbers have steadily declined from 830 in 2018 to 358 in 2022, suggesting potential improvements in prevention or reporting. Motor Vehicle Theft, although lower than other types of crimes, remains relatively consistent with a minor peak in 2021 at 106 incidents. Notably, Vandalism reports surged to 227 in 2022, the highest in the tracked period. Such data points are crucial for investors and real estate agents to gauge community safety trends, while insurance agents might consider them in risk assessments for policy premiums.
Demographics
Mesa County, Colorado, shows a fairly balanced gender distribution with a nearly even split between male and female adults. The educational attainment data suggests a strong presence of high school graduates, with a noteworthy portion having some college experience or holding a bachelor's degree. The age distribution hints at a diverse community, with noticeable populations in the 25-34 and 55-64 age brackets. The racial composition predominantly consists of White individuals, but there are... Read more
Race Distribution in Mesa County, Colorado (2022)
Educational Attainment in Mesa County, Colorado (2022)
Age Distribution in Mesa County, Colorado
Citizen Population in Mesa County, Colorado (2022)
Political Trends & Data
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Mesa County, Colorado, the 2020 U.S. Presidential Election saw a significant tilt toward the Republican party, potentially reflecting a broader conservative trend in the area. Democrats garnered less than 35 percent of the vote, which might indicate challenges in shifting the political landscape for future elections. Minor parties like the Libertarian and Green party made nominal gains, suggesting their influence remains limited. These results could offer insights into regional political inclinations and the entrenched partisan divides in this Colorado county.
62.78% of voters voted for the Republican party in the 2020 Presidential Election
34.80% of voters voted for the Democrat party in the 2020 Presidential Election
1.44% of voters voted for the Livertarian party in the 2020 Presidential Election
0.21% of voters voted for the Green party in the 2020 Presidential Election
0.77% of voters voted for the Other party in the 2020 Presidential Election
School Data
Student-to-teacher ratio in Mesa County, Colorado over the last 10 years
Mesa County, Colorado has seen significant fluctuations in its student-to-teacher ratio over the past decade, ranging from a high of nearly 28 students per teacher in 2022 to a low of approximately 16 students per teacher in 2023. These variances could impact property values and community appeal, as lower ratios generally suggest more personalized attention for students, aligning more closely to or exceeding the current national average of 14 students per teacher. Such trends are crucial for potential investors, real estate agents, and those considering relocation, as educational quality is often a key factor in property desirability and the overall perceived quality of life in the area. This variability in student-to-teacher ratios may also influence appraisal values, insurance evaluations, and decisions about building new properties to accommodate potential fluctuations in school enrollment and local population growth.
