Barnstable County Real Estate and Livability Trends
Barnstable County, Massachusetts, exhibits intriguing real estate dynamics with staggering increases in taxable income, surging from an average of $66,123.02 in 2013 to $113,428.55 in 2021, possibly attracting wealthier residents and elevating property values. Median home values have soared, rising from $363,500 in 2015 to $519,100 in 2022, well above state and national averages. Meanwhile,... Read more
Barnstable County Market Trends
Barnstable County has seen a dramatic surge in median home values, from $363,500 in 2015 to $519,100 in 2022, outpacing both state and national trends. Local real estate taxes have also climbed, reaching $7,123.23 per tax return in 2021, suggesting escalating property values. There's been a notable increase in residential energy tax credits, peaking at $4,304.35 in 2018, signaling a strong... Read more
Median Value of Occupied Housing Units in Barnstable County, Massachusetts Over the Last 8 Years
Barnstable County has experienced a dramatic surge in median home values over the past eight years, starting at $363,500 in 2015 and reaching $519,100 by 2022. Comparatively, statewide in Massachusetts, median home values rose from $333,100 to $483,900 within the same period, while nationally, the increase was more modest, from $125,500 to $179,400. This suggests that Barnstable County's property market might be outperforming both state and national trends, potentially indicating a thriving local economy and a high demand for housing in the area. For investors or those looking to move, this trajectory could signify a robust real estate market, where properties could potentially appreciate in value substantially over time.
Residential Energy Tax Credit Per Tax Return in Barnstable County, MA Over the Last 9 Years
Barnstable County, Massachusetts has seen a notable trend in residential energy tax credits over the last nine years, fluctuating significantly but showing a general upward trajectory. The average credit per tax return spiked dramatically in 2018 to an impressive $4304.35 from a relatively stable range, then normalized to around $1550.00 in recent years. This pattern suggests a growing investment in energy-efficient home improvements, peaking perhaps from a surge of major projects or policy incentives in 2018. Investors, appraisers, and real estate professionals should note this inclination towards energy efficiency, which could influence property values and market attractiveness in the area.
Average Real Estate Taxes Per Tax Return in Barnstable County, MA Over the Last 10 Years
Barnstable County, Massachusetts has seen a noticeable increase in average real estate taxes per tax return over the past decade, climbing from approximately $4,307.76 in 2012 to about $7,123.23 in 2021. This data suggests a steady rise, with significant jumps particularly after 2017. For investors, appraisers, real estate agents, and those considering moving to or developing property in the county, this trend could indicate escalating property values and could impact decisions related to budgets and long-term investments. Those living in or insuring property in Barnstable might also find this upward trend crucial for future financial planning.
Percentage of Farm Returns in Barnstable County, MA Over the Last 10 Years
Barnstable County, Massachusetts has observed a consistency in the percentage of farm tax returns over the last decade, fluctuating mildly around the 0.19% mark. Farm tax returns, which account for a small proportion of overall tax filings, indicate the degree of agricultural activity within the county. Notable is a slight downturn post-2013, reaching a low in 2020 with under 0.16% before a mild uptick in 2021. This could suggest a variety of factors influencing local agriculture, such as economic shifts, property development trends, or changes in farming viability. For investors or those looking to relocate, understanding these nuances can be crucial in assessing the agricultural sector's stability and growth potential within the region.
Number of Mortgages by Occupancy Type in Barnstable County, MA Over the Last 5 Years in Barnstable County
Barnstable County, Massachusetts, shows varying trends in mortgage counts from 2018 to 2022, particularly among principal residences, investment properties, and second residences. The data suggests a steady increase in principal residence mortgages peaking in 2021 with 21,076, followed by a significant drop in 2022. Investment properties saw modest fluctuations, peaking in 2021 with 1,413 but dropping again in 2022. Mortgages for second residences also peaked around 2020-2021 before a decline in 2022. This shift in occupancy types can inform investors and real estate agents of changing housing demands, impacting property values, development opportunities, and insurance considerations in the county.
Economic Outlook
Barnstable County, Massachusetts, has seen significant growth in taxable income and tax liabilities over the past decade, with average taxable income per tax return soaring from $66,123.02 in 2013 to $113,428.55 in 2021 and average total tax liability rising from $11,427.48 to $22,248.29 in the same timeframe. These trends could indicate an appealing economic environment that's attracting higher-income residents, thereby boosting property values and investment opportunities. However, rising... Read more
Average Taxable Income per Tax Return in Barnstable County, MA over the last 9 years
Barnstable County, Massachusetts, has experienced a substantial rise in average taxable income per tax return over the past nine years, increasing from $66,123.02 in 2013 to $113,428.55 in 2021. This trend suggests a healthier economic environment, potentially attracting higher-income residents and boosting the real estate market. These changes might influence property values, prompting interest from investors and appraisers while also affecting insurance considerations. For potential homeowners and real estate agents, this indicates a robust market with likely opportunities for both returns on investment and property appreciation.
Average State and Local Income Taxes Per Tax Return in Barnstable County, MA Over the Last 10 Years
Investors and residents eyeing Barnstable County, Massachusetts might notice a significant upward trend in average state and local income taxes per tax return over the last decade. Starting at around $6,165.28 in 2012 and surging to $16,743.66 in 2021, the data suggests a steady increase in tax burdens. Such a notable rise may impact decisions regarding financial planning, property investments, and overall cost of living considerations in the region.
Average Total Tax Liability Per Tax Return in Barnstable County, MA Over the Last 10 Years
Barnstable County, Massachusetts has experienced a notable increase in average total tax liability per tax return over the past decade, jumping from $11,427.48 in 2012 to $22,248.29 in 2021. This upward trend suggests a growing economic activity and potential rise in property values, which could be crucial for investors, property developers, and real estate agents. Insurance agents and appraisers might also need to consider these changes when assessing risk and property worth. Those looking to move to or currently residing in the area might see these trends as a reflection of increasing local wealth but should also be mindful of the corresponding rise in living costs.
Cost of Living in Barnstable County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,501 | $1,906 | $1,811 | $2,493 | $2,611 |
| 1 adult 4 children | $2,501 | $1,557 | $1,372 | $2,493 | $2,612 |
| 2 adults 3 children | $2,501 | $1,557 | $1,578 | $2,493 | $2,329 |
| 1 adult 3 children | $2,501 | $1,271 | $1,139 | $2,493 | $2,391 |
| 2 adults 2 children | $2,044 | $1,275 | $1,345 | $2,178 | $1,895 |
| 1 adult 2 children | $2,044 | $952 | $906 | $2,178 | $1,927 |
| 2 adults 1 child | $2,044 | $1,007 | $1,112 | $1,153 | $1,469 |
| 1 adult 1 child | $2,044 | $651 | $672 | $1,153 | $1,442 |
| 2 adults | $1,553 | $809 | $879 | $0 | $1,024 |
| 1 adult | $1,401 | $441 | $439 | $0 | $878 |
Safety trends & Data
Barnstable County, Massachusetts, has experienced varied property crime trends over the past five years. Arson cases have remained consistently low at about 3 to 4 annually, while larceny-theft saw a drop from 327 incidents in 2018 to 129 in 2020, then rose to 161 by 2022. Burglary numbers have fluctuated between 45 and 77, and fraud cases, though mostly on a downward trend, increased to 45 in 2022 from 26 in 2021. These patterns suggest an overall decline in property crimes, which could be... Read more
Property Crime Trends in Barnstable County, MA Over the Last 5 Years
Barnstable County, Massachusetts, has seen notable fluctuations in property crime over the last five years. While the numbers for arson have remained consistently low at around 3 to 4 cases annually, larceny-theft showed a significant decline from 327 incidents in 2018 to a low of 129 in 2020, before rising again to 161 by 2022. Burglary figures also exhibit variability but tend to stay within the 45 to 77 range. Fraud cases decreased overall, but 2022 saw an uptick to 45 incidents from a low of 26 in 2021. These trends imply a generally decreasing pattern in property crimes with some exceptions, which might be crucial for those interested in evaluating safety, real estate values, and insurance premiums in the area.
Demographics
Barnstable County, Massachusetts' demographics reveal an interesting spread: a slightly larger female population compared to males, significant educational attainment with most adults having completed at least high school, and a nearly even age distribution among middle-aged and senior residents. Racially, the county is predominantly White, though there is a minor yet notable diversity with Black or African American, Asian, and other racial groups contributing to the demographic mosaic. This... Read more
Race Distribution in Barnstable County, Massachusetts (2022)
Educational Attainment in Barnstable County, Massachusetts (2022)
Age Distribution in Barnstable County, Massachusetts
Citizen Population in Barnstable County, Massachusetts (2022)
Political Trends & Data
Barnstable County, Massachusetts, showcased a notable Democratic preference in the 2020 Presidential Election, with Democrats possibly securing around 60.70% of the vote, compared to about 36.50% for Republicans. This Democratic tilt might be shaping local and state political dynamics, suggesting an environment where progressive policies could gain traction more easily. With minor parties receiving minimal support, it appears the political landscape is largely dominated by the two major... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Barnstable County, Massachusetts, showed a noticeable leaning towards the Democratic party in the 2020 U.S. Presidential Election, with Democrats potentially securing around 60.7% of the vote. Republicans trailed with roughly 36.5%, while minor parties, including Libertarians and Greens, garnered minimal support. This could suggest a trend of Democratic favorability in the region, possibly influencing local and state political dynamics.
36.51% of voters voted for the Republican party in the 2020 Presidential Election
60.72% of voters voted for the Democrat party in the 2020 Presidential Election
1.22% of voters voted for the Livertarian party in the 2020 Presidential Election
0.42% of voters voted for the Green party in the 2020 Presidential Election
1.13% of voters voted for the Other party in the 2020 Presidential Election
School Data
Barnstable County, Massachusetts has seen a consistent decrease in the student-to-teacher ratio over the past decade, dropping from about 12:1 in 2014 to just over 10:1 in 2023, noticeably better than the national average of 14:1. This trend could indicate an increasing appeal for families prioritizing education quality, possibly driving up property values. These educational improvements may also influence appraisers and insurance agents in their evaluations and risk... Read more
Student-to-teacher ratio in Barnstable County, Massachusetts over the last 10 years
Barnstable County, Massachusetts has seen a steady decline in the student-to-teacher ratio over the last ten years, dropping from about 12 students per teacher in 2014 to just over 10 in 2023. This lower ratio, compared to the national average of 14 students per teacher, potentially provides a more personalized education environment, appealing to families prioritizing education quality. For real estate agents and those looking to invest or move to the area, this trend could indicate rising attractiveness of local schools, potentially driving up property values. Additionally, appraisers and insurance agents might consider these educational improvements as factors in their evaluations and risk assessments.
