Calvert County Real Estate and Livability Trends
Calvert County, Maryland's real estate market has been robust, with median home values rising from $341,800 in 2015 to $418,900 in 2022, outpacing broader trends. Real estate taxes have steadily increased to $4,575.12 by 2021, reflecting growing property values. The county has seen a high interest in mortgages for both primary residences and investment properties, particularly in 2020 and 2021.... Read more
Calvert County Market Trends
Calvert County, Maryland's real estate market has shown robust growth, with median home values jumping from $341,800 in 2015 to $418,900 in 2022, outpacing state and national trends. Residential energy tax credits have fluctuated, peaking at $3,719.05 in 2018, which may suggest changing incentives for energy-efficient improvements. Real estate taxes have gradually increased, reaching $4,575.12 by... Read more
Median Value of Occupied Housing Units in Calvert County, Maryland Over the Last 8 Years
Calvert County, Maryland's median home values have experienced steady growth over the last eight years, jumping from $341,800 in 2015 to $418,900 in 2022. This trend outpaces both the state of Maryland's increase, where values rose from $286,900 to $380,500, and the national growth, from $125,500 to $179,400 over the same period. For prospective investors or home buyers, Calvert County's performance implies a strong housing market with potentially higher returns compared to broader state and national trends.
Residential Energy Tax Credit Per Tax Return in Calvert County, MD Over the Last 9 Years
Calvert County, Maryland has seen a notable fluctuation in residential energy tax credits over the past nine years, with significant peaks notably in 2018 at $3719.05 and more modest averages such as in 2013 at $518.35. This variability may suggest changing incentives or uptake rates in energy-efficient home improvements. For those considering property investments or building in the area, understanding this trend could be crucial for evaluating potential tax benefits. Real estate agents and appraisers, as well as insurance agents, might find this data instrumental in assessing property value trends and advising clients accurately.
Average Real Estate Taxes Per Tax Return in Calvert County, MD Over the Last 10 Years
Over the past decade, Calvert County, Maryland has seen a gradual increase in average real estate taxes per tax return, with notable jumps between 2016 and 2018. The average tax per return was $3,829.42 in 2012 and edged up to $4,575.12 by 2021. This trend may be indicative of rising property values or adjustments in tax rates, which are crucial considerations for investors, potential homebuyers, real estate agents, and insurance companies when evaluating the cost of ownership and the area's market dynamics.
Percentage of Farm Returns in Calvert County, MD Over the Last 10 Years
Over the last decade in Calvert County, Maryland, the percentage of farm tax returns has seen a generally steady decline, moving from roughly 0.81% in 2012 to about 0.62% in 2021. This trend could suggest a gradual decrease in farming-related activities or economic returns from farming within the county. For anyone looking to invest, move, build property, or simply interested in local agricultural trends, this decline may indicate evolving economic conditions and potential shifts away from traditional farming enterprises. Understanding farm tax returns helps provide insights into the viability and economic health of the agricultural sector in the region.
Number of Mortgages by Occupancy Type in Calvert County, MD Over the Last 5 Years in Calvert County
In Calvert County, Maryland, there's been a notable fluctuation in mortgage counts across different occupancy types over the last five years. Mortgage counts for principal residences spiked significantly in 2020 and 2021, suggesting heightened homebuyer activity or possibly favorable lending conditions. Investment property mortgages saw a similar peak around these years, though smaller in scale. This trend indicates a possible increase in the attractiveness of the county for investors looking for rental properties. Second residences saw a milder, yet steady, upward trend, hinting at the area potentially becoming more desirable for vacation homes or seasonal living. Shifts in occupancy type can impact future market stability, insurance premiums, and property valuation, and may offer opportunities or risks for investors, developers, and real estate professionals.
Economic Outlook
The average taxable income per tax return in Calvert County, Maryland has risen steadily from $76,684.84 in 2013 to $99,532.30 in 2021, suggesting local economic stability that may attract investors and real estate agents looking at rising property values. A similar trend is observed in state and local income taxes, which have increased from $7,923.90 in 2012 to $11,185.33 in 2021, potentially reflecting income growth or policy adjustments that matter to those evaluating financial landscapes.... Read more
Average Taxable Income per Tax Return in Calvert County, MD over the last 9 years
The average taxable income per tax return in Calvert County, Maryland has shown a notable upward trend over the past nine years, increasing from $76,684.84 in 2013 to $99,532.30 in 2021. This steady growth in income could be particularly appealing to potential investors and real estate agents, as it suggests a local economic stability and possible rise in property values. For those looking to move or build property, this income growth might indicate a robust job market and increasing financial health among residents. Appraisers and insurance agents may also find it useful to note this upward trend in taxable income for more accurate valuations and risk assessments.
Average State and Local Income Taxes Per Tax Return in Calvert County, MD Over the Last 10 Years
Over the past decade, Calvert County, Maryland has evidenced a steady increase in state and local income taxes per tax return, rising from $7,923.90 in 2012 to $11,185.33 in 2021. This upward trend, peaking in 2020 at $11,314.26, might reflect increased incomes or fiscal policy adjustments. Prospective investors and residents should consider these tax dynamics as part of the broader economic landscape when evaluating the county for financial planning, relocation, or development opportunities.
Average Total Tax Liability Per Tax Return in Calvert County, MD Over the Last 10 Years
Calvert County, Maryland has seen a gradual increase in the average total tax liability per tax return over the past decade, rising from approximately $11,563.76 in 2012 to around $15,989.06 in 2021. This upward trend may indicate growing incomes and potentially higher property values in the area, making it a point of interest for investors, real estate agents, and appraisers. Potential residents and insurance agents should also take note of the potential for higher living costs.
Cost of Living in Calvert County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,963 | $1,681 | $1,404 | $1,969 | $1,893 |
| 1 adult 4 children | $1,963 | $1,373 | $1,069 | $1,969 | $2,059 |
| 2 adults 3 children | $1,963 | $1,373 | $1,220 | $1,969 | $1,649 |
| 1 adult 3 children | $1,963 | $1,121 | $886 | $1,969 | $1,833 |
| 2 adults 2 children | $1,569 | $1,124 | $1,036 | $1,722 | $1,326 |
| 1 adult 2 children | $1,569 | $840 | $702 | $1,722 | $1,410 |
| 2 adults 1 child | $1,569 | $888 | $853 | $920 | $1,120 |
| 1 adult 1 child | $1,569 | $574 | $518 | $920 | $1,088 |
| 2 adults | $1,379 | $714 | $669 | $0 | $917 |
| 1 adult | $1,357 | $389 | $334 | $0 | $864 |
Safety trends & Data
Calvert County, Maryland has seen a steady decline in property crime over the past four years, with burglary incidents dropping from 85 in 2019 to 35 in 2022. Larceny-theft, the most frequent crime, also decreased from 324 in 2018 to 169 in 2022. Fraud cases followed a similar downtrend, peaking at 37 in 2018 but falling to 12 by 2022. Vandalism showed minor fluctuations, remaining within the 50-80 range. These trends could point to improved law enforcement or heightened community awareness,... Read more
Property Crime Trends in Calvert County, MD Over the Last 4 Years
Calvert County, Maryland has seen varying trends in property crimes over the past four years. Burglary incidents peaked in 2019 at 85, then declined noticeably to 35 in 2022. Larceny-theft, consistently the most frequent crime, also declined from 324 in 2018 to 169 in 2022. Vandalism showed minimal fluctuation, hovering around the 50-80 range. Fraud cases saw an overall decrease, peaking in 2018 at 37 but dropped to 12 by 2022. This suggests a general downtrend in property crime, possibly indicating improved law enforcement or community awareness, making Calvert County potentially more appealing for investment and relocation.
Demographics
Calvert County, Maryland, shows a nearly balanced adult population with a slight tilt towards females. The county is primarily white, with a small African American presence and a scant representation from other races. The educational breakdown suggests a fairly educated populace, with a significant portion having some college education or higher. Age distribution indicates a strong presence of middle-aged adults and a considerable senior demographic, which might imply upcoming needs for senior... Read more
Race Distribution in Calvert County, Maryland (2022)
Educational Attainment in Calvert County, Maryland (2022)
Age Distribution in Calvert County, Maryland
Citizen Population in Calvert County, Maryland (2022)
Political Trends & Data
Calvert County, Maryland, saw a close competition in the 2020 U.S. Presidential Election, with Republicans capturing about 51.6% of the vote and Democrats nearly 46%, suggesting a slightly conservative leaning electorate. Third-party candidates, including Libertarians and the Green Party, had minimal influence, each garnering less than 2% of the vote, hinting at limited sway or alignment among voters within the county. This trend might indicate a politically engaged community with a notable but... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Calvert County, Maryland, the 2020 U.S. Presidential Election results might suggest a notable leaning towards the Republican party, capturing approximately 51.6% of the vote. The Democratic party, however, showed a solid presence with nearly 46%. Third-party candidates like the Libertarians and the Green Party had minimal impact, each securing less than 2% of the vote, potentially indicating limited influence or voter alignment within the county. This distribution could hint at a politically engaged electorate with a slight conservative edge.
51.61% of voters voted for the Republican party in the 2020 Presidential Election
45.99% of voters voted for the Democrat party in the 2020 Presidential Election
1.49% of voters voted for the Livertarian party in the 2020 Presidential Election
0.26% of voters voted for the Green party in the 2020 Presidential Election
0.65% of voters voted for the Other party in the 2020 Presidential Election
School Data
Calvert County, Maryland's student-to-teacher ratio has fluctuated between 13 and 15 students per teacher over the past decade, dropping below the national average of 14 students per teacher in 2019 and staying close to or below that benchmark since. This potentially implies more individualized attention for students and possibly a higher quality of education, which may enhance property values and appeal to families prioritizing education. This trend could also be valuable for insurance agents... Read more
Student-to-teacher ratio in Calvert County, Maryland over the last 10 years
Over the past decade, Calvert County, Maryland's student-to-teacher ratio has varied between approximately 13 and 15 students per teacher. Notably, the ratio dropped below the national average of 14 students per teacher in 2019 and has remained close to or below that average in subsequent years. For potential investors, new residents, appraisers, and real estate agents, this relatively lower student-to-teacher ratio might suggest more individualized attention for students and possibly a higher quality of education, which could enhance property values and appeal to families prioritizing education. Insurance agents and property developers might also find this trend useful in assessing community investment and infrastructure needs.
