Queen Anne's County Real Estate and Livability Trends
Queen Anne's County, Maryland, exhibits a promising economic environment with average taxable income per tax return increasing from about $73,883.39 in 2013 to $112,212.42 in 2021. Real estate taxes climbed from $3,925.09 in 2012 to $5,069.58 in 2021, likely driven by escalating property valuations. Median home values also surged from $339,900 in 2015 to $421,900 in 2022. A strong education... Read more
Queen Anne's County Market Trends
In Queen Anne's County, Maryland, median home values have surged from $339,900 in 2015 to $421,900 in 2022, outpacing state and national growth. Residential energy tax credits saw a dramatic peak in 2018 at $4020.00, likely signifying a surge in energy-efficient home improvements. Real estate taxes have also risen significantly, from $3,925.09 in 2012 to $5,069.58 in 2021, highlighting possibly... Read more
Median Value of Occupied Housing Units in Queen Anne's County, Maryland Over the Last 8 Years
Queen Anne's County, Maryland has seen its median home values rise from $339,900 in 2015 to $421,900 in 2022. This outpaces both the statewide increase from $286,900 to $380,500 and the national rise from $125,500 to $179,400 in the same period. This could imply a potentially high demand and appreciation in the county's real estate market, which might be appealing for investors and homebuyers looking for growth opportunities.
Residential Energy Tax Credit Per Tax Return in Queen Anne's County, MD Over the Last 9 Years
Over the last nine years, Queen Anne's County, Maryland has seen significant fluctuations in residential energy tax credits per tax return. Notably, there was a dramatic peak in 2018, with an average credit of $4020.00, suggesting a surge in energy-efficient investments or renovations during that year. Other notable spikes occurred in 2015 and 2017 with averages of $1109.26 and $1354.55 respectively, indicating intermittent periods of increased residential energy upgrades. These trends could be of interest to real estate agents, appraisers, and insurance agents, indicating potential increases in home values and market activities related to energy-efficient improvements.
Average Real Estate Taxes Per Tax Return in Queen Anne's County, MD Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Queen Anne's County, Maryland have shown a consistent upward trend, starting from $3,925.09 in 2012 and reaching $5,069.58 by 2021. The most significant jumps occurred after 2017, highlighting a potentially increasing valuation of properties. This trend may be crucial for investors, homebuyers, and real estate agents considering the long-term tax implications. For insurance agents, rising real estate taxes could indicate increased property values, influencing insurance premiums. Similarly, appraisers and builders might see this as a sign of a growing real estate market, affecting property assessments and development opportunities.
Percentage of Farm Returns in Queen Anne's County, MD Over the Last 10 Years
Over the past decade in Queen Anne's County, Maryland, the percentage of farm tax returns has seen slight fluctuations, peaking at around 1.68% in 2014 and dipping as low as approximately 1.32% in 2020. Farm tax returns potentially reflect the economic health and investment in agricultural activities within a county. For those considering investing in, moving to, or building property in Queen Anne's County, it's noteworthy that the relatively stable percentage of farm tax returns may suggest a steady agricultural presence, albeit with a subtle downward trend. This could be indicative of either a shift in local economic priorities or an adjustment in the agricultural sector.
Number of Mortgages by Occupancy Type in Queen Anne's County, MD Over the Last 5 Years in Queen Anne's County
Over the past five years in Queen Anne's County, Maryland, principal residence mortgages have consistently been the dominant type, peaking at 6,314 in 2020, while investment properties and second residences saw more modest numbers. This trend suggests that the market is primarily driven by individuals seeking primary homes, which might be attractive to businesses that cater to long-term residents. Investors and real estate developers might want to consider the steady but limited interest in investment properties, with a notable low of 89 mortgages in 2022, reflecting potential caution or limited opportunity in this sector. For insurance agents and appraisers, the high demand for principal residences could indicate a stable, less speculative market, impacting risk assessments and property valuations. Understanding these nuances can significantly guide strategic decisions, whether you are looking to invest, develop, insure, or simply understand the evolving dynamics of this county.
Economic Outlook
Queen Anne's County, Maryland, is witnessing a consistent rise in average taxable income per tax return, jumping from roughly $73,883.39 in 2013 to $112,212.42 in 2021, hinting at a robust economic environment that might appeal to investors and real estate professionals. Aligning with this, increased state and local income taxes, which soared from $8,435.73 in 2012 to $14,790.64 in 2021, and a surge in total tax liability per tax return—from $12,392.38 in 2012 to $20,866.52 in 2021—suggest... Read more
Average Taxable Income per Tax Return in Queen Anne's County, MD over the last 9 years
In Queen Anne's County, Maryland, the average taxable income per tax return has shown a notable upward trend over the past nine years, increasing from approximately $73,883.39 in 2013 to around $112,212.42 in 2021. This consistent growth suggests a potentially thriving economic environment, making it an attractive option for investors, property builders, and real estate agents. However, those considering moving to the area should also be aware of the rising incomes, possibly reflecting higher living costs. For appraisers and insurance agents, this data could indicate a progressively higher value of properties, necessitating updated appraisals and insurance coverage.
Average State and Local Income Taxes Per Tax Return in Queen Anne's County, MD Over the Last 10 Years
Over the last decade, Queen Anne's County in Maryland has seen a notable increase in average state and local income taxes per tax return. Starting at $8,435.73 in 2012, the figure climbed steadily each year, peaking at $15,288.91 in 2020 before slightly dipping to $14,790.64 in 2021. This upward trend suggests higher living costs and could be a crucial consideration for those looking to invest or relocate to the county.
Average Total Tax Liability Per Tax Return in Queen Anne's County, MD Over the Last 10 Years
Over the last decade in Queen Anne's County, Maryland, the average total tax liability per tax return has seen a notable upward trend. Starting from approximately $12,392.38 in 2012, it has risen to about $20,866.52 by 2021. This steady increase may be indicative of rising incomes or changes in tax policy that could affect both current residents and potential newcomers. For investors, real estate professionals, and insurance agents, this trend is worth considering when evaluating property values and financial risks in the area.
Cost of Living in Queen Anne's County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,224 | $1,709 | $1,456 | $1,691 | $1,966 |
| 1 adult 4 children | $2,224 | $1,396 | $1,110 | $1,691 | $2,124 |
| 2 adults 3 children | $2,224 | $1,396 | $1,265 | $1,691 | $1,716 |
| 1 adult 3 children | $2,224 | $1,140 | $919 | $1,691 | $1,890 |
| 2 adults 2 children | $1,714 | $1,143 | $1,074 | $1,478 | $1,335 |
| 1 adult 2 children | $1,714 | $854 | $728 | $1,478 | $1,408 |
| 2 adults 1 child | $1,714 | $903 | $883 | $787 | $1,149 |
| 1 adult 1 child | $1,714 | $583 | $537 | $787 | $1,118 |
| 2 adults | $1,388 | $726 | $693 | $0 | $928 |
| 1 adult | $1,198 | $396 | $346 | $0 | $785 |
Safety trends & Data
Queen Anne's County, Maryland, has experienced diverse property crime trends over the past three years. Larceny-theft incidents were most common, peaking at 48.00 in 2018 but falling to 25.00 by 2020. Burglary rates varied, with a low of 10.00 in 2019 and a high of 16.00 in 2020, while vandalism dropped significantly from 11.00 incidents in 2018 to just 3.00 in 2020. These evolving crime rates provide essential insights for investors and developers, highlighting the county's shifting safety... Read more
Property Crime Trends in Queen Anne's County, MD Over the Last 3 Years
Queen Anne's County, Maryland, has seen diverse trends in property crimes over the past three years. Notably, larceny-theft was the most frequent offense, peaking at 48.00 incidents in 2018 but dropping to 25.00 by 2020. Burglary rates fluctuated, reaching a low of 10.00 in 2019 and a high of 16.00 in 2020. Vandalism showed a significant decline, from 11.00 incidents in 2018 to just 3.00 in 2020. Minimal motor vehicle theft incidents remained constant, while fraud and forgery rates varied. Awareness of these trends offers key insights for investors, property developers, and residents regarding the evolving safety landscape in the county.
Demographics
Queen Anne's County, Maryland, exhibits intriguing demographic trends in its adult population and educational attainment. The gender distribution is quite balanced, with males and females almost equal in number. Educationally, high school graduates are the largest group, followed by individuals with some college but no degree, suggesting a significant portion of the population pursuing but not completing higher education. Age-wise, the county has a notable concentration of individuals aged... Read more
Political Trends & Data
In Queen Anne's County, Maryland, the 2020 U.S. Presidential Election results indicate that Republican candidates might have a solid base here, with over 61% of the votes. Democrats garnered about 35%, leaving only a small fraction for other parties like Libertarians and Greens. This could shed light on regional political preferences and priorities, making it a potentially strategic consideration for real estate investors and professionals assessing market dynamics and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Queen Anne's County, Maryland, voting patterns from the 2020 U.S. Presidential Election might suggest a strong leaning toward the Republican party, with over 61% of the vote. Democrats secured roughly 35%, while other parties such as Libertarians and Greens gathered minimal support. These trends possibly reflect regional political dynamics and voter priorities specific to this part of Maryland.
61.87% of voters voted for the Republican party in the 2020 Presidential Election
35.35% of voters voted for the Democrat party in the 2020 Presidential Election
1.36% of voters voted for the Livertarian party in the 2020 Presidential Election
0.54% of voters voted for the Green party in the 2020 Presidential Election
0.87% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the last decade, Queen Anne's County, Maryland, has seen its student-to-teacher ratio drop from 15 to just under 14 in 2023, now better than the national average. This could boost the area's attractiveness to families, as more individualized attention for students might be a selling point for real estate. A stronger education system could also positively impact property values and community investments, interesting real estate agents, appraisers, and insurance agents... Read more
Student-to-teacher ratio in Queen Anne'S County, Maryland over the last 10 years
Over the last decade, Queen Anne's County, Maryland, has seen a consistent decline in its student-to-teacher ratio, moving from 15 in 2014 to just under 14 in 2023. Notably, this recent ratio is now better than the national average of 14 students per teacher, which might impact the desirability of the area for families considering relocating. A lower ratio may suggest more individualized attention for students, which could be a selling point for real estate agents and developers. Conversely, appraisers and insurance agents might also take interest, as an area with a stronger education system can influence property values and community investment.
