Housing Costs

Buena Vista  is still a place people would like to retire and property values have been maintained during this economic crisis.

Due to vast amounts of National Forest and State lands, only about 17% of the land is available for development in Chaffee County. Prices vary depending on location and amenities such as trees, terrain, views, water and utilities.

For information on building costs, septic systems and other concerns contact a Realtor from our membership directory.

The growth both in tourism and relocation is also evident in a substantial increase in sales tax.

The following statistics reflect that growth:

 

Sales Tax

Chaffee County Sales Tax
2004 2005 2006 2007 2008 2009
$2,249,201 $2,349,929 $2,612,388 $2,739,924 $2,728,228

 

Buena Vista Plus County Percentage Sales Tax
2004 2005 2006 2007 2008
Jan $94,163 $82,490 $97,197
$100,076
$105,641
Feb $84,475 $89,858 $93,847
$104,317
$108,135
Mar $107,398 $112,569 $113,150
$104,317
$121,361
Apr $87,826 $93,675 $99,393
$107,549
$117,521
May $107,683 $118,596 $129,277
$138,482
$142,114
June $145,552 $146,616 $168,270
$160,129
$179,969
July $153,688 $168,649 $173,326
$186,353
$194,919
Aug $138,356 $150,186 $160,805
$171,644
$185,308
Sep $132,435 $141,810 $162,146
$174,880
$159,025
Oct $104,444 $111,200 $120,104
$120,106
$132,718
Nov $92,479 $100,614 $84,335
$115,405
$113,718
Dec $129,936 $139,117 $159,279
$159,657
$165,488
Totals $1,378,725 $1,455,380 $1,561,129
$1,642,985
$1,725,917
The Town of Buena Vista is projecting $1,429,599 in sales tax in 2017, an increase of 3%.
Town is also projecting a 3% increase in the County‘s allocation in sales tax to the Town resulting in $919,004 in revenues.
 
Buena Vista has experienced the following increases in sales tax excluding the onetime sales tax audit revenue in 2010.
2009 to 2010 an increase of 1.73%
2010 to 2011 an increase of 5.02%
2011 to 2012 an increase of 3.22%
2012 to 2013 an increase of 3.15%
2013 to 2014 an increase of 5.0%
2014 to 2015 an increase of 7.0%
2015 to 2016 an increase of 10.0%

 

 

Chaffee County Lodging Tax

Year 2004 2005 2006 2007 2008 2009
Totals $218,965 $229,628 $313,345 $292,363 $306,587

 

 

Buena Vista Tax Information

Property Tax Mill Levies
R-31 School District 2016 32.509
Town of Buena Vista 2017 7.484
Total of other Mill Levies within Buena Vista 2016 16.588
Total Average Combined Mill Levies within Buena Vista 56.581
Retail Sales & Use Taxes 2017
State 2.9%
Buena Vista 2.5%
Chaffee County 2.5%
Lodging 1.9%

 Median real estate property taxes paid for housing units with mortgages in 2015: $819 (0.3%)
Median real estate property taxes paid for housing units with no mortgage in 2015: $744 (0.4%)

Demographics

Population 2015 (approximate)
Buena Vista (in city limits) 2,725
Northern Chaffee County 5,500
Total Greater Buena Vista Area 8,225
Total population Chaffee County 18,400+

Approx 53% Males
Approx 47% Females
Median resident age: 40.2 years
Colorado median age: 36.4 years
Estimated median household income in 2015: $45,778

Arkansas Recreation Area Use Figures (April – September)
Activity 2004 2005 2006 2007 2008 2009
Sightseeing 283,699 273,664 252,132 256,577 235,221
Fishing 75,465 79,836 76,631 81,821 77,264
Picknicking 42,740 45,660 42,173 43,879 41,909
Boating 301,307 301,307 311,767 325,290 292,910
Other 20,715 24,445 29,131 44,839 22,640
Interpretive 29,029 13,428 9,829 10,111 7,803
Volunteers N/A N/A N/A N/A N/A
Camping 17,429 19,692 28,537 35,183 30,058
Totals 741,600 758,032 750,200 800,700 707,805

 

Other

  • Major areas of employment: tourism, trade, prison, city & county Government, and schools
  • Buena Vista Area Bed Count: 813
  • Buena Vista Area 2015 Traffic Count: West of Johnson Village (intersection Hwy 24 & 285) = 6,600 / day avg daily traffic; Hwy 24 & Main St. = 12,000 / avg daily traffic