York County Real Estate and Livability Trends
York County, Maine has seen its median home values rise to $323,500 in 2022, outpacing state and national averages and hinting at its growing investment appeal. Real estate taxes and residential energy tax credits saw notable increases, reflecting rising property values and potentially enhanced community services. Interestingly, the local preference for principal residence mortgages over... Read more
York County Market Trends
York County, Maine's median home values soared to $323,500 in 2022, greatly outpacing both state and national averages, hinting at its growing appeal and potential investment returns. Real estate taxes also surged to approximately $6,145.11 by 2021, which might reflect rising property values and enhanced community services, potentially catching the eye of investors. Residential energy tax credits... Read more
Median Value of Occupied Housing Units in York County, Maine Over the Last 8 Years
York County, Maine has experienced a dramatic rise in median home values over the past eight years, far outpacing both the state and national averages. In 2022, the median home value hit $323,500, compared to Maine's $244,800 and the national average of $179,400. This trend highlights York County's growing desirability and could signal potential for strong investment returns for those considering real estate in this region. The county's values have consistently been significantly higher than other benchmarks, signaling a robust real estate market alluring to both local and out-of-state buyers.
Residential Energy Tax Credit Per Tax Return in York County, ME Over the Last 9 Years
Over the past nine years in York County, Maine, there's been a noticeable increase in residential energy tax credits per tax return. Starting modestly at $341.81 in 2013, the average amount spiked dramatically in 2018 to $3,090.00 before stabilizing somewhat around the $1,000 mark in recent years. Such trends could suggest increased investments in energy-efficient home improvements or responsive policy changes, potentially making it a compelling consideration for real estate investments and development in the area.
Average Real Estate Taxes Per Tax Return in York County, ME Over the Last 10 Years
Over the past decade, real estate taxes in York County, Maine, have shown a general upward trend, climbing from about $3,850.32 in 2012 to approximately $6,145.11 by 2021. This consistent increase could signify rising property values and possibly enhanced community services, which might interest potential investors and real estate agents. For current residents or those considering a move, this upward trajectory could have implications for long-term financial planning and property-related expenses. Insurance agents and appraisers might also need to consider these trends when evaluating risk and market values in the area.
Percentage of Farm Returns in York County, ME Over the Last 10 Years
Farm tax returns in York County, Maine, have shown slight fluctuations over the past decade but generally hover just above 0.30%. This metric indicates the percentage of all tax returns that come from farm income, a crucial indicator for gauging agricultural activity and economic health in the region. Notably, the proportion peaked in 2015 at approximately 0.36% but has since demonstrated a subtle decline, reaching about 0.32% in 2021. For potential investors or those looking to relocate, this trend could suggest a relatively stable agricultural sector, although it also hints at minimal growth in the farming economy.
Number of Mortgages by Occupancy Type in York County, ME Over the Last 5 Years in York County
Mortgages for principal residences in York County, Maine, have consistently outnumbered those for investment and second homes over the past five years. Interestingly, there was a notable peak in 2021 with 18,272 principal residence mortgages, while investment property loans also surged to 1,121. Shifts in occupancy types can provide clues about market demand and investment trends. For instance, rising mortgages for principal residences could indicate increasing local population or attractiveness for long-term residents. In contrast, fluctuations in second home and investment property financing might signal shifts in vacation home desirability or investor confidence, critical for appraisers, real estate agents, and investors when evaluating market dynamics or property values.
Economic Outlook
York County, Maine has experienced a notable rise in average taxable income per tax return, increasing from about $54,193.47 in 2013 to roughly $81,314.96 by 2021. State and local income taxes also jumped, moving from $5,941.14 in 2012 to $12,130.76 in 2021. Concurrently, the total tax liability saw a steady climb, reaching $13,038.48 by 2021, which could indicate either rising incomes or shifts in tax policy. Despite these financial changes, the percentage of residents living under the poverty... Read more
Average Taxable Income per Tax Return in York County, ME over the last 9 years
York County, Maine has seen a notable upward trajectory in average taxable income per tax return over the past nine years, with values climbing from approximately $54,193.47 in 2013 to around $81,314.96 by 2021. This consistent growth may suggest robust economic conditions and potentially increasing affluence in the area. These insights could be particularly compelling for potential investors, real estate agents, appraisers, and insurance agents evaluating the region's market dynamics and economic stability.
Average State and Local Income Taxes Per Tax Return in York County, ME Over the Last 10 Years
York County, Maine has seen a significant increase in state and local income taxes per tax return over the last decade, with notable jumps particularly in recent years. From $5,941.14 in 2012 to $12,130.76 in 2021, the data suggests a steady upward trend. This rise in taxes may impact the cost of living and should be a key consideration for prospective investors or residents.
Average Total Tax Liability Per Tax Return in York County, ME Over the Last 10 Years
Over the past decade, York County, Maine has seen a notable upward trend in the average total tax liability per tax return. Starting from $7,584.79 in 2012, it has climbed consistently, reaching $13,038.48 in 2021. This suggests increasing income levels or changes in tax policy, which could impact financial decisions for prospective investors, homeowners, and real estate professionals. The substantial rise in recent years, especially the jump between 2019 and 2021, may indicate a booming local economy or demographic shifts worth examining.
Cost of Living in York County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,958 | $1,673 | $1,817 | $1,657 | $1,863 |
| 1 adult 4 children | $1,958 | $1,366 | $1,396 | $1,657 | $2,046 |
| 2 adults 3 children | $1,958 | $1,367 | $1,573 | $1,657 | $1,560 |
| 1 adult 3 children | $1,958 | $1,116 | $1,152 | $1,657 | $1,752 |
| 2 adults 2 children | $1,492 | $1,119 | $1,330 | $1,496 | $1,205 |
| 1 adult 2 children | $1,492 | $836 | $909 | $1,496 | $1,300 |
| 2 adults 1 child | $1,492 | $884 | $1,086 | $974 | $1,089 |
| 1 adult 1 child | $1,492 | $571 | $665 | $974 | $1,032 |
| 2 adults | $1,180 | $710 | $842 | $0 | $777 |
| 1 adult | $1,088 | $387 | $421 | $0 | $700 |
Safety trends & Data
York County, Maine has experienced variable trends in property crimes over the past five years. Larceny-theft has consistently been the most reported, peaking at 496 incidents in 2018, dropping to 313 in 2021, then rising again to 481 in 2022. Burglary incidents have generally decreased, from 49 in 2018 to 28 in 2019 and 2020, with a slight uptick to 32 in 2022. Vandalism has also fluctuated, with incidents ranging from 148 in 2018 to a low of 118 in 2021, climbing back to 143 in 2022. Motor... Read more
Property Crime Trends in York County, ME Over the Last 5 Years
York County, Maine has seen fluctuating trends in property crimes over the past five years. Larceny-Theft consistently remains the highest-reported crime, peaking at 496 in 2018 and dropping to 313 by 2021, then rising again to 481 in 2022. Burglary incidents have generally decreased from 49 in 2018 to 28 in 2019 and 2020, with a slight increase to 32 in 2022. Vandalism has also shown variability, with values hovering around 148 in 2018 to a lower point of 118 in 2021 and climbing back up to 143 in 2022. Meanwhile, motor vehicle thefts have shown minor fluctuations, reaching a low of 15 in 2019 and a high of 36 in 2022. Understanding these long-term crime trends can be crucial for appraisers, investors, and residents considering the safety and property valuation in York County.
Demographics
York County, Maine presents a slightly higher female demographic than male in the adult population. The age distribution hints at a mature population, with strong representation across all adult age groups but a notable dip among the younger cohorts under 15. Educational attainment reveals a significant portion of the population has completed high school, with considerable numbers achieving college degrees or higher, which could be indicative of the county's value on higher education. Racially,... Read more
Race Distribution in York County, Maine (2022)
Educational Attainment in York County, Maine (2022)
Age Distribution in York County, Maine
Citizen Population in York County, Maine (2022)
Political Trends & Data
In York County, Maine, the 2020 U.S. Presidential Election results suggested a Democratic tilt, with approximately 54% of votes going to Democratic candidates and around 42% to Republicans. Minor parties like the Libertarians and the Green party garnered roughly 1.7% and 1% of the votes, respectively. This electoral preference could influence future political strategies and voter behavior analysis in York... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In York County, Maine, the 2020 U.S. Presidential Election results seem to indicate a leaning towards the Democratic party, with approximately 54% of the vote, compared to around 42% for the Republican party. Smaller parties like the Libertarians and the Green party captured a minor share of the votes, with roughly 1.7% and 1%, respectively. This voting pattern could potentially highlight a regional preference that may be important for understanding future political strategies and voter behavior in York County.
41.83% of voters voted for the Republican party in the 2020 Presidential Election
54.33% 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
0.96% of voters voted for the Green party in the 2020 Presidential Election
1.21% of voters voted for the Other party in the 2020 Presidential Election
School Data
York County, Maine has consistently maintained a student-to-teacher ratio below the national average of 14 over the past decade, showing a slight downward trend recently. This could be appealing for families considering moving to the area, as it implies more personalized attention for students. For real estate agents and investors, highlighting this educational metric might serve as a significant selling point, potentially increasing property values due to the appeal of favorable educational... Read more
Student-to-teacher ratio in York County, Maine over the last 10 years
Over the past decade, York County, Maine has generally maintained a student-to-teacher ratio below the national average of fourteen, with a slight downward trend in recent years. This lower ratio can be appealing for families considering a move to the county, as it suggests more personalized attention for students. For real estate agents and property investors, promoting this key educational metric could be a valuable selling point. Lower ratios could also influence appraisals, as properties in areas with favorable educational resources are often valued higher.
