Harford County Real Estate and Livability Trends

Harford County, Maryland's real estate market is seeing rising median home values, jumping from $278,500 in 2015 to $351,100 in 2022, though still trailing the state's average of $380,500. Real estate taxes have climbed nearly $800.00 over the past decade, now averaging $4,360.57 annually, reflective of increasing property values and possibly infrastructure investments. Notably, mortgage trends... Read more

Economic Outlook

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Harford County, Maryland has experienced a notable rise in average taxable incomes over the past nine years, hitting $91,104.80 in 2021, suggesting economic stability and rising affluence. The average state and local income taxes have also trended upward, reaching $11,492.56 in 2021, potentially reflecting a strong local economy and better public services. Additionally, there's been an increase in average total tax liability, peaking at $14,658.12 in 2021, which might indicate rising incomes or... Read more

Average Taxable Income per Tax Return in Harford County, MD over the last 9 years

The average taxable income per tax return in Harford County, Maryland, has shown a consistent upward trend over the last nine years, increasing from approximately $68,605.63 in 2013 to $91,104.80 in 2021. This steady growth could appeal to investors and real estate agents as an indicator of economic stability and rising affluence in the area. Insurance agents and appraisers might find this data valuable when assessing risk and property values, considering that higher income levels generally correlate with better financial security. For potential property developers and those looking to move to Harford County, this trend might suggest a thriving community with robust economic opportunities.

Cost of Living in Harford County

Family Size Housing Food Heath Care Child Care Taxes
2 adults
4 children
$1,944 $1,613 $1,404 $2,071 $1,831
1 adult
4 children
$1,944 $1,317 $1,069 $2,071 $1,998
2 adults
3 children
$1,944 $1,317 $1,220 $2,071 $1,594
1 adult
3 children
$1,944 $1,076 $886 $2,071 $1,778
2 adults
2 children
$1,498 $1,078 $1,036 $1,811 $1,252
1 adult
2 children
$1,498 $806 $702 $1,811 $1,332
2 adults
1 child
$1,498 $852 $853 $966 $1,061
1 adult
1 child
$1,498 $551 $518 $966 $1,006
2 adults
$1,214 $685 $669 $0 $820
1 adult
$1,047 $373 $334 $0 $683

Safety trends & Data

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Harford County, Maryland has seen property crime rates drop over the past four years, with burglary incidents falling from 132 in 2018 to 46 in 2022, and larceny-theft reports dropping from 615 to 164. Vandalism has also decreased, marking an improvement in property safety. However, arson and fraud rates have fluctuated, indicating some inconsistency. This overall decline in property crimes might boost confidence among investors, prospective residents, appraisers, and real estate agents,... Read more

Property Crime Trends in Harford County, MD Over the Last 4 Years

Harford County, Maryland has seen a noticeable decline in property crimes over the past four years. Key crime categories such as burglary and larceny-theft have significantly decreased, with burglary incidents dropping from 132 in 2018 to just 46 in 2022, and larceny-theft reports reducing from 615 to 164 during the same period. Vandalism also shows a reduction, indicating an overall improvement in property safety. However, arson and fraud rates have fluctuated annually, suggesting some inconsistencies in these areas. This declining trend in property crimes could likely boost confidence among investors, prospective residents, appraisers, and real estate agents, impacting decisions related to property value and insurance premiums.

Demographics

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Harford County, Maryland shows a slight female majority in its adult population. Educational attainment levels suggest a large portion of residents have at least a high school diploma or some college education, reflecting a fairly educated community. The age distribution indicates a balanced mix across all age categories, with the highest concentration in the 55 to 64 years range. Racial demographics are predominantly White, with the Black or African American community being the second-largest... Read more

Race Distribution in Harford County, Maryland (2022)

Educational Attainment in Harford County, Maryland (2022)

Age Distribution in Harford County, Maryland

Citizen Population in Harford County, Maryland (2022)

Political Trends & Data

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Harford County, Maryland, showcases a slight Republican tilt with the 2020 U.S. Presidential Election results indicating approximately 55% support for the Republican candidate, while the Democrat candidate garnered around 43%. Minor parties collectively captured less than 3%, underscoring a primarily bipartisan voter base. This voting trend could hint at competitive future elections, with both major parties maintaining a critical... Read more

Percentage of Votes in the 2020 U.S. Presidential Election by Party

In Harford County, Maryland, the 2020 U.S. Presidential Election results show a leaning towards the Republican party with around 55% of the vote, while the Democrat party garnered approximately 43%. The Libertarian and Green parties, along with other minor parties, collectively captured less than 3% of the vote. This distribution may indicate a predominantly Republican voter base, though the Democrat party maintains significant support, suggesting potential for competitive future elections.

54.61% of voters voted for the Republican party in the 2020 Presidential Election

42.58% of voters voted for the Democrat party in the 2020 Presidential Election

1.67% of voters voted for the Livertarian party in the 2020 Presidential Election

0.39% of voters voted for the Green party in the 2020 Presidential Election

0.75% of voters voted for the Other party in the 2020 Presidential Election

School Data

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In Harford County, Maryland, the student-to-teacher ratio has demonstrated some fluctuation over the past decade, oscillating from just above 13 students per teacher in 2014 to over 15 in 2020 before slightly decreasing. Despite these shifts, the ratio hovers near the national average of 14 students per teacher. For real estate agents and developers, this insight is crucial as it can indicate more individualized student attention, hinting at a potentially stronger local education system that... Read more

Student-to-teacher ratio in Harford County, Maryland over the last 10 years

The student-to-teacher ratio in Harford County, Maryland has seen some fluctuations over the past decade, starting at just above 13 students per teacher in 2014 and peaking at over 15 in 2020 before slightly decreasing. While it remains relatively close to the national average of 14 students per teacher, these changes might influence the county's overall educational quality and classroom dynamics. For investors and those planning to move to the area, a lower student-to-teacher ratio could indicate more individualized attention for students, suggesting a stronger local education system. This is particularly important for real estate agents and developers promoting family-friendly amenities. Appraisers and insurance agents might also find these trends relevant when assessing property values and liability risks tied to educational institutions in the region.