Pueblo County Market Trends
Median Value of Occupied Housing Units in Pueblo County, Colorado Over the Last 8 Years
Pueblo County's median home values have consistently climbed over the past eight years, from $138,600 in 2015 to $238,400 in 2022. This local trend has mirrored the broader rise seen at both the state and national levels but remains more moderate than Colorado's statewide figures, where values surged from $247,800 to $465,900 over the same period. Compared to national figures that moved from $125,500 to $179,400, Pueblo County has maintained a middle ground. This could present an attractive opportunity for investors or homebuyers seeking growth potential without the steep prices seen in other parts of Colorado.
Residential Energy Tax Credit Per Tax Return in Pueblo County, CO Over the Last 9 Years
Over the past nine years, the average residential energy tax credit per tax return in Pueblo County, Colorado has seen a remarkable increase. Starting from $302.52 in 2013, the figure peaked dramatically at $4,464.71 in 2018. This notable rise indicates a growing investment in energy-efficient upgrades, possibly driven by state incentives. Despite some fluctuations, particularly a dip to $2,887.43 in 2020, the average remained significantly higher than initial years, suggesting a sustained interest in renewable energy solutions and energy-saving home improvements in Pueblo County.
Average Real Estate Taxes Per Tax Return in Pueblo County, CO Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Pueblo County, Colorado have shown a variable but overall upward trend. Starting from around $1,570.28 in 2012, they experienced a steady rise with occasional dips, but spiked significantly to over $2,300.63 in 2018 and further increased to $2,749.25 by 2021. This trend could hint at rising property values or changing tax policies, potentially affecting decisions for those considering investments or relocations in the area.
Percentage of Farm Returns in Pueblo County, CO Over the Last 10 Years
The percentage of farm returns in Pueblo County, Colorado, has generally declined over the past decade, dropping from approximately 1.03% in 2012 to about 0.75% in 2021. Farm tax returns reflect the filings by farms which are typically indicative of agricultural activity, economic vitality, and land use in the region. This trend could suggest a gradual decrease in agricultural operations or a shift in economic focus, signaling potential opportunities or challenges for real estate development, investment, and general livelihood in the area. Investors and residents might find this useful for making informed decisions.
Number of Mortgages by Occupancy Type in Pueblo County, CO Over the Last 5 Years in Pueblo County
Over the last five years, Pueblo County in Colorado has generally seen the highest number of mortgages for principal residences, peaking at 16,551 in 2021. Investment property mortgages have varied more moderately, with the highest value of 1,082 also in 2021. Second residence mortgages have remained relatively low and stable. Shifts in the type of occupancy matter because they hint at broader economic trends and lifestyle preferences. For investors, a rise in investment property mortgages may suggest growing rental demand or housing market stability. For potential homeowners and real estate agents, increased principal residence mortgages could indicate a desirable living environment, possibly leading to higher home values. For appraisers and insurance agents, these trends can affect risk assessments and property valuations due to varying levels of occupancy stability.
Economic Outlook
Average Taxable Income per Tax Return in Pueblo County, CO over the last 9 years
Pueblo County, CO has seen a consistent increase in average taxable income per tax return over the past nine years. Starting at $45,981.87 in 2013, the income rose steadily, reaching a notable $62,403.50 in 2021. This upward trend highlights economic growth and potentially increasing affluence in the region, making it an attractive proposition for investors, property developers, and new residents.
Average State and Local Income Taxes Per Tax Return in Pueblo County, CO Over the Last 10 Years
Pueblo County, CO has experienced a significant rise in average state and local income taxes per tax return over the past decade. Starting at $3,677.36 in 2012, this figure has more than doubled to $8,101.09 by 2021. Notably, the steepest increases occurred between 2017 and 2021, reflecting broader economic or policy changes impacting residents' tax obligations. This upward trend is important for prospective and current residents to consider in financial planning and cost of living assessments.
Average Total Tax Liability Per Tax Return in Pueblo County, CO Over the Last 10 Years
In the past decade, Pueblo County, Colorado, saw a steady increase in average total tax liability per tax return, hitting $8,975.51 in 2021. While there was a slight dip between 2018 and 2019, the overall trend indicates rising tax burdens, likely reflecting a growing economic base and increased property values. For potential investors or residents, understanding these tax dynamics is crucial for financial planning and assessing long-term commitments in the area.
Cost of Living in Pueblo County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,471 | $1,420 | $1,809 | $1,769 | $1,432 |
| 1 adult 4 children | $1,471 | $1,159 | $1,396 | $1,769 | $1,582 |
| 2 adults 3 children | $1,471 | $1,160 | $1,563 | $1,769 | $1,201 |
| 1 adult 3 children | $1,471 | $947 | $1,150 | $1,769 | $1,335 |
| 2 adults 2 children | $1,124 | $949 | $1,317 | $1,532 | $960 |
| 1 adult 2 children | $1,124 | $709 | $905 | $1,532 | $975 |
| 2 adults 1 child | $1,124 | $750 | $1,071 | $763 | $826 |
| 1 adult 1 child | $1,124 | $485 | $659 | $763 | $700 |
| 2 adults | $854 | $603 | $825 | $0 | $593 |
| 1 adult | $815 | $329 | $413 | $0 | $537 |
Safety trends & Data
Property Crime Trends in Pueblo County, CO Over the Last 5 Years
Pueblo County, Colorado has seen fluctuating property crime numbers over the past five years. Notably, burglaries have dropped from a high of 109.00 in 2018 to 56.00 in 2022, while motor vehicle thefts spiked in 2022 to 115.00 after a low in 2020. Vandalism has remained relatively high, peaking at 135.00 in 2021. Larceny and theft consistently had the highest figures but reduced significantly from 259.00 in 2018 to 87.00 in 2022. Potential investors and residents might find the recent reductions in certain crimes a positive trend, while the volatility in vehicle thefts could remain a concern.
Demographics
Pueblo County, Colorado exhibits a slight female majority with a nearly even split between genders. In terms of education, a significant portion of the population has completed high school and some college, but there's a notable drop-off at higher levels of academic attainment. The age distribution shows a fairly balanced demographic mix, though the younger and older populations are less represented than the middle age groups. Racially, the county is predominantly White, with small percentages... Read more
Race Distribution in Pueblo County, Colorado (2022)
Educational Attainment in Pueblo County, Colorado (2022)
Age Distribution in Pueblo County, Colorado
Citizen Population in Pueblo County, Colorado (2022)
Political Trends & Data
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Pueblo County, Colorado, voting patterns in the 2020 U.S. Presidential Election showed a slight edge for Democrats, capturing around 49.6% of the vote, while Republicans trailed closely with approximately 47.8%. Libertarians and Green Party candidates seemed to collectively garner minor support, hinting at a predominant two-party preference in the area. The narrow margin between the two major parties suggests a politically competitive environment, likely reflecting a blend of urban and rural influences within the county.
47.85% of voters voted for the Republican party in the 2020 Presidential Election
49.57% of voters voted for the Democrat party in the 2020 Presidential Election
1.36% of voters voted for the Livertarian party in the 2020 Presidential Election
0.23% of voters voted for the Green party in the 2020 Presidential Election
0.99% of voters voted for the Other party in the 2020 Presidential Election
School Data
Student-to-teacher ratio in Pueblo County, Colorado over the last 10 years
The student-to-teacher ratio in Pueblo County, Colorado has generally trended upward over the last decade, peaking at nearly 28 in 2020, compared to the national average of 14. Such high ratios could indicate larger class sizes, potentially affecting the quality of education and individual student attention. This could matter for those assessing the county's attractiveness for families, educators, and real estate investment. Investors might need to consider the long-term implications on local education infrastructure, while real estate agents should be aware of these factors when advising clients. Changes in these ratios might also affect appraisals and insurance policies due to potential shifts in neighborhood desirability and local economic stability.
