Plymouth County Real Estate and Livability Trends
Plymouth County, Massachusetts, has seen its median home values leap from $328,600 in 2015 to $475,500 in 2022, outpacing the state's rise and consistently staying above the national average. Mortgage activity mainly revolves around principal residences, with investment properties showing less volume, potentially influencing rental market dynamics. Additionally, real estate taxes have risen from... Read more
Plymouth County Market Trends
Plymouth County, Massachusetts has seen its median home values soar from $328,600 in 2015 to $475,500 in 2022, slightly outpacing the state's rise and staying consistently above the national average. Meanwhile, notable fluctuations in residential energy tax credits, peaking at $3,892.38 in 2018 and then averaging around $1,135.89 by 2021, highlight potential shifts in energy-efficient investments... Read more
Median Value of Occupied Housing Units in Plymouth County, Massachusetts Over the Last 8 Years
Plymouth County, Massachusetts has seen a significant upward trend in median home values over the past eight years, with values jumping from $328,600 in 2015 to $475,500 in 2022. This increase slightly outpaces the state of Massachusetts, which went from $333,100 to $483,900 over the same period. Compared to the national median home value, which rose from $125,500 in 2015 to $179,400 in 2022, Plymouth County has consistently remained well above the national average, reflecting a robust local market that could be attractive to potential investors and homebuyers.
Residential Energy Tax Credit Per Tax Return in Plymouth County, MA Over the Last 9 Years
Plymouth County, Massachusetts has seen notable fluctuations in its average residential energy tax credit per tax return over the past nine years. Starting from $335.79 in 2013, it steadily rose to a peak of $3,892.38 in 2018, followed by a dip and some instability, averaging around $1,135.89 by 2021. Such variations could hint at shifts in energy-efficient investments or tax policy changes impacting residents. Investors or property developers may find this information useful for gauging potential incentives tied to energy-efficient upgrades, while insurance agents and appraisers might consider these credits when assessing property values or replacement costs associated with energy efficiency in Plymouth County.
Average Real Estate Taxes Per Tax Return in Plymouth County, MA Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Plymouth County, Massachusetts have been gradually rising. Starting from $5,330.02 in 2012, they have increased to $8,071.46 by 2021, reflecting a general upward trend in property-related costs. For potential investors, homeowners, and real estate professionals, this could imply growing property values and possibly a heightened demand for homes in the area. However, it's crucial to be aware of the increasing tax burden, which may impact long-term affordability and overall investment returns.
Percentage of Farm Returns in Plymouth County, MA Over the Last 10 Years
Plymouth County, Massachusetts has experienced a slight decline in the percentage of farm tax returns over the past decade, dropping from 0.20% in 2012 to around 0.17% in 2021. This could suggest a slow decrease in farming activity or shifts in economic focus within the region. For potential investors and those interested in property development, this trend might imply opportunities for diversification or repurposing agricultural land. Farm tax returns are filings by individuals or entities that report income and expenses related to farming, and they serve as indicators of agricultural activity levels in the county.
Number of Mortgages by Occupancy Type in Plymouth County, MA Over the Last 5 Years in Plymouth County
In Plymouth County, Massachusetts, mortgage activity over the last five years indicates a significant emphasis on principal residences, with numbers peaking in 2021 at over 52,000. Investment properties and second residences have remained relatively stable but show less overall volume, with slight fluctuations year-to-year. Such trends could signify a stable, owner-occupied market, which may be appealing for potential homebuyers seeking community-oriented neighborhoods. However, for investors and developers, the relatively lower number of investment property mortgages might affect decisions related to rental market potential and property development. Changes in these occupancy types can also influence appraisals, insurance policies, and real estate strategies, underlining the importance of understanding local market dynamics for any real estate-related decisions.
Economic Outlook
Plymouth County, Massachusetts, has seen substantial increases in average taxable income per tax return, rising from $76,811.20 in 2013 to $115,952.94 in 2021, indicating a potentially strengthening local economy. Average state and local income taxes per return have also climbed, reaching $14,797.16 in 2021, signaling higher incomes or tax rates which could impact financial planning. Total tax liability per return grew consistently to $23,286.93 in 2021, reflecting shifting tax burdens and... Read more
Average Taxable Income per Tax Return in Plymouth County, MA over the last 9 years
Over the past nine years, Plymouth County, Massachusetts, has experienced a noteworthy increase in the average taxable income per tax return, jumping from $76,811.20 in 2013 to $115,952.94 in 2021. This steady growth, peaking significantly in 2021, could suggest a strengthening local economy likely attracting both investors and residents. For appraisers and insurance agents, this trend may indicate rising property values and potential shifts in premium calculations. Real estate agents and developers might consider this a promising sign for marketing high-value properties and new developments.
Average State and Local Income Taxes Per Tax Return in Plymouth County, MA Over the Last 10 Years
Over the last decade, Plymouth County, Massachusetts, has seen a notable increase in average state and local income taxes per tax return, climbing from approximately $7,086.44 in 2012 to around $14,797.16 in 2021. This significant rise, particularly sharp post-2017, could imply higher incomes or possibly increased tax rates, making it essential information for potential investors and residents considering the financial landscape of the area. Understanding this trend may help in planning long-term personal or business finances and anticipating future tax liabilities.
Average Total Tax Liability Per Tax Return in Plymouth County, MA Over the Last 10 Years
Over the past decade, Plymouth County, Massachusetts has seen a consistent increase in the average total tax liability per tax return, jumping from $13,935.35 in 2012 to $23,286.93 in 2021. Notable spikes occurred between 2014 to 2015 and again from 2019 to 2021. This could reflect rising property values, increased incomes, or changes in tax laws, hinting at a growing economic landscape. This trend may be relevant for potential investors and residents assessing the area's financial outlook.
Cost of Living in Plymouth County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,390 | $1,757 | $1,659 | $2,493 | $2,415 |
| 1 adult 4 children | $2,390 | $1,435 | $1,256 | $2,493 | $2,467 |
| 2 adults 3 children | $2,390 | $1,436 | $1,445 | $2,493 | $2,154 |
| 1 adult 3 children | $2,390 | $1,172 | $1,043 | $2,493 | $2,299 |
| 2 adults 2 children | $1,927 | $1,175 | $1,232 | $2,178 | $1,737 |
| 1 adult 2 children | $1,927 | $878 | $829 | $2,178 | $1,792 |
| 2 adults 1 child | $1,927 | $929 | $1,019 | $1,153 | $1,344 |
| 1 adult 1 child | $1,927 | $600 | $616 | $1,153 | $1,340 |
| 2 adults | $1,550 | $746 | $806 | $0 | $988 |
| 1 adult | $1,404 | $407 | $403 | $0 | $863 |
Safety trends & Data
Plymouth County, Massachusetts has experienced notable shifts in property crime rates over the past five years. Larceny-theft saw a dramatic reduction from 640.0 in 2018 to 337.0 in 2022, and fraud incidents significantly dropped from 142.0 to 66.0 during the same period. However, motor vehicle theft increased from 46.0 in 2018 to 61.0 in 2022. These fluctuating crime rates are important for investors and residents as they can influence perceptions of safety and potentially affect property... Read more
Property Crime Trends in Plymouth County, MA Over the Last 5 Years
Over the past five years, Plymouth County, Massachusetts has seen fluctuations in property crime rates. Notable decreases are observed in larceny-theft, which dropped from 640.0 in 2018 to 337.0 in 2022. Burglary also showed variation, starting at 145.0 in 2018 and reaching a low of 76.0 in 2021, before slightly climbing to 107.0 by 2022. Fraud incidents saw a significant reduction from 142.0 in 2018 to 66.0 in 2022. Motor vehicle theft figures increased from 46.0 in 2018 to 61.0 in 2022, marking a moderate rise. These trends matter for potential investors and residents as they impact perceptions of safety and property values in the region.
Demographics
Plymouth County, Massachusetts shows a slight female majority among its adult population, with around 214,000 women compared to 193,000 men. The educational attainment data suggests a relatively well-educated community, with a notable proportion holding bachelor's or graduate degrees. Age-wise, residents are fairly evenly distributed across different age groups, although there seems to be a significant number of individuals in the 55 to 64 age bracket. The racial composition is predominantly... Read more
Race Distribution in Plymouth County, Massachusetts (2022)
Educational Attainment in Plymouth County, Massachusetts (2022)
Age Distribution in Plymouth County, Massachusetts
Citizen Population in Plymouth County, Massachusetts (2022)
Political Trends & Data
In Plymouth County, Massachusetts, the 2020 U.S. Presidential Election results suggest a moderate Democratic lean, with around 57% of votes cast for Democratic candidates. Republicans garnered about 40% of the votes, showing significant but perhaps diminished support. Minor parties, including Libertarians and Greens, captured just over 3%, indicating limited impact on the overall political scene. These trends could influence future political strategies and voter engagement efforts in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Plymouth County, Massachusetts, voting trends from the 2020 U.S. Presidential Election seem to suggest a lean towards Democratic candidates, with approximately 57% of votes cast in their favor. Republicans garnered around 40% of the votes, indicating a notable but perhaps overshadowed support base. Minor parties such as the Libertarian and Green parties, along with other affiliations, collectively captured slightly over 3% of the vote, reflecting marginal influence in the overall political landscape. These patterns could be indicative of broader voting behaviors in the region, potentially influencing future electoral strategies.
39.89% of voters voted for the Republican party in the 2020 Presidential Election
57.14% of voters voted for the Democrat party in the 2020 Presidential Election
1.42% of voters voted for the Livertarian party in the 2020 Presidential Election
0.44% of voters voted for the Green party in the 2020 Presidential Election
1.11% of voters voted for the Other party in the 2020 Presidential Election
School Data
Plymouth County, Massachusetts, has seen its student-to-teacher ratio decline from nearly 15 in 2014 to just over 13 in 2023, possibly indicating improved classroom attention. This rate is below the national average of 14, which could attract young families and impact property desirability and value. Real estate agents and investors might view this as a positive indicator, while insurance agents could consider it relevant for assessing educational-related risks and... Read more
Student-to-teacher ratio in Plymouth County, Massachusetts over the last 10 years
Plymouth County, Massachusetts has seen a gradual decrease in its student-to-teacher ratio over the past decade, dropping from nearly 15 students per teacher in 2014 to just over 13 in 2023. This trend may imply improved individual attention in classrooms, which could be appealing for young families considering relocation. The current ratio is slightly below the national average of 14 students per teacher, potentially signifying a more favorable educational environment. Such metrics are essential for appraisers, real estate agents, and investors as they often factor into property desirability and value. Additionally, insurance agents might find these trends relevant when assessing regional risks and benefits tied to educational quality.
