Belknap County Real Estate and Livability Trends
Belknap County, New Hampshire has seen a remarkable rise in average taxable income per tax return from $61,160.68 in 2013 to $98,938.37 in 2021, possibly indicating an influx of disposable income that could be appealing to real estate investors and local businesses. The median home values have climbed from $219,600 in 2015 to $295,900 in 2022, albeit still below the state average, suggesting a... Read more
Belknap County Market Trends
Belknap County, New Hampshire has experienced substantial growth in median home values, from $219,600 in 2015 to $295,900 in 2022, though still trailing the state average. Notably, residential energy tax credits peaked dramatically in 2018 at $3,840.00, signaling a responsive market to energy incentives. Real estate taxes per return have risen from $6,440.31 in 2012 to $10,927.78 in 2021, hinting... Read more
Median Value of Occupied Housing Units in Belknap County, New Hampshire Over the Last 8 Years
Belknap County, New Hampshire, has seen its median home values rise from $219,600 in 2015 to $295,900 in 2022. This growth appears parallel to the state-wide trend in New Hampshire, which experienced a jump from $237,300 to $337,100 over the same period. Interestingly, Belknap County's home values are generally lower than New Hampshire's state average, yet significantly higher than the national average, where median home values went from $125,500 to $179,400. This divergence indicates a particularly robust real estate market in Belknap County, presenting potential opportunities for investment and development, especially for those looking to capitalize on the region's growth while remaining cautious of state and national trends.
Residential Energy Tax Credit Per Tax Return in Belknap County, NH Over the Last 9 Years
Belknap County's average residential energy tax credits have shown significant fluctuations over the past nine years, peaking dramatically in 2018 at $3,840.00 before stabilizing around $1,108.00 in 2021. Such volatility suggests potential influences like state or federal policy changes and varying levels of investment in home energy efficiency. For investors, builders, real estate agents, and residents, this data signals a responsive local market to energy incentives, hinting at the community's growing interest in energy-efficient improvements and possibly higher home values due to these enhancements. Appraisers and insurance agents may also find this relevant, as energy-efficient homes often command better premiums and appraisals.
Average Real Estate Taxes Per Tax Return in Belknap County, NH Over the Last 10 Years
Belknap County, New Hampshire shows a notable upward trend in average real estate taxes per tax return over the last decade, rising from approximately $6,440.31 in 2012 to about $10,927.78 in 2021. This growth suggests an increasing financial burden on property owners, possibly reflecting rising property values or changes in local tax policies. For investors and real estate agents, this trend could indicate a healthy appreciation potential in property values, while appraisers and insurance agents might consider the implications on cost assessments and premiums. Potential movers and builders may want to factor in these higher tax obligations when calculating affordability and long-term expenses.
Percentage of Farm Returns in Belknap County, NH Over the Last 10 Years
Belknap County, New Hampshire has seen a slight decline in the percentage of farm tax returns over the past decade, from 0.43% in 2012 to around 0.36% in 2021. Farm tax returns are a measure of how many farms are reporting income for tax purposes within the county, providing insights into agricultural activity and economic health. For investors, property builders, or those looking to settle in the area, this indicator may suggest evolving trends in land use and economic priorities, which could impact land values and community character.
Number of Mortgages by Occupancy Type in Belknap County, NH Over the Last 5 Years in Belknap County
In Belknap County, New Hampshire, mortgage counts over the past five years show notable shifts in occupancy types. Principal residences have consistently dominated mortgage activities, peaking in 2021. Investment properties and second residences have seen fluctuations, with second residences hitting a high in 2020 and then tapering off. These changes in occupancy types can be pivotal for prospective investors, real estate agents, and builders, as they indicate evolving market demands and housing priorities. For appraisers and insurance agents, understanding these trends can help in accurately assessing property values and risk. Generally, this dynamic landscape may hint at economic conditions, lifestyle preferences, and future development opportunities within the county.
Economic Outlook
Belknap County, New Hampshire's average taxable income per tax return has surged from $61,160.68 in 2013 to $98,938.37 in 2021, which might indicate potential growth in disposable income that's attractive for real estate investors and local businesses. Average state and local income taxes per tax return also increased significantly, from $5,721.77 in 2012 to $15,004.85 in 2021, pointing to possible rising incomes and changing fiscal policies. Additionally, the average total tax liability per... Read more
Average Taxable Income per Tax Return in Belknap County, NH over the last 9 years
Belknap County, located in New Hampshire, has shown a steady rise in average taxable income per tax return over the past nine years. From $61,160.68 in 2013, the figures have gradually increased to $98,938.37 in 2021. This trend suggests potential growth in disposable income, which might be beneficial for real estate investors, property developers, and local businesses. The upward trajectory could also impact appraisors and insurance agents as higher incomes might translate to increased property values and insurance needs. Real estate agents may find this appealing when attracting potential homebuyers and investors.
Average State and Local Income Taxes Per Tax Return in Belknap County, NH Over the Last 10 Years
Over the past ten years, Belknap County, New Hampshire has experienced significant fluctuations in average state and local income taxes per tax return. Starting at $5,721.77 in 2012, the taxes saw a notable uptick, culminating in $15,004.85 by 2021. This increasing trend could be indicative of rising incomes, changing local tax policies, or other economic factors in the area. Such a trajectory is essential for potential investors and new residents to consider, as it may affect overall living costs and property values in this region.
Average Total Tax Liability Per Tax Return in Belknap County, NH Over the Last 10 Years
Belknap County, New Hampshire has seen a notable increase in average total tax liability per tax return over the past decade. Starting from $10,146.79 in 2012, the figure has gradually risen, peaking at $18,282.83 in 2021. This upward trend suggests increasing financial responsibilities for residents, potentially tied to rising property values and living costs, making it a crucial metric for prospective investors, insurance agents, and real estate professionals to consider.
Cost of Living in Belknap County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,739 | $1,617 | $1,473 | $1,816 | $1,239 |
| 1 adult 4 children | $1,739 | $1,320 | $1,121 | $1,816 | $1,394 |
| 2 adults 3 children | $1,739 | $1,321 | $1,281 | $1,816 | $1,016 |
| 1 adult 3 children | $1,739 | $1,078 | $929 | $1,816 | $1,187 |
| 2 adults 2 children | $1,292 | $1,081 | $1,089 | $1,574 | $803 |
| 1 adult 2 children | $1,292 | $808 | $737 | $1,574 | $846 |
| 2 adults 1 child | $1,292 | $854 | $897 | $787 | $731 |
| 1 adult 1 child | $1,292 | $552 | $545 | $787 | $645 |
| 2 adults | $1,015 | $686 | $705 | $0 | $590 |
| 1 adult | $926 | $374 | $352 | $0 | $500 |
Safety trends & Data
Belknap County, New Hampshire has seen notable reductions in burglary and larceny-theft cases over the past five years. Burglary incidents dropped from 27.00 cases in 2018 to just 12.00 by 2022, and larceny-theft fell from 197.00 to 128.00 in the same period. However, vandalism and motor vehicle theft rates have shown inconsistencies, suggesting the need for targeted community efforts. This evolving crime landscape is important for investors, real estate agents, and insurance agents to consider... Read more
Property Crime Trends in Belknap County, NH Over the Last 5 Years
Belknap County, New Hampshire has experienced fluctuating trends in property crimes over the past five years, with notable reductions in burglary and larceny-theft cases. In 2018, burglary cases stood at 27.00, which declined to just 12.00 by 2022. Larceny-theft, a major component of property crime, dropped from 197.00 cases in 2018 to 128.00 in 2022. While fraud and burglary incidents seem to be on the decline, vandalism and motor vehicle theft numbers have shown inconsistency, reflecting a potential need for targeted community efforts in these areas. This evolving crime landscape is crucial for investors, real estate agents, and insurance agents to monitor as it directly impacts property values, insurance premiums, and community safety perceptions.
Demographics
Belknap County, New Hampshire has a nearly equal distribution of male and female adults, signaling a balanced demographic in terms of gender. A significant portion of the adult population has educational attainment beyond high school, with 9,127 residents holding bachelor's degrees and another 6,200 having graduate or professional degrees. Age-wise, the majority of residents are clustered in the 55 to 64-year range, suggesting the county might have a sizable aging population. The racial... Read more
Race Distribution in Belknap County, New Hampshire (2022)
Educational Attainment in Belknap County, New Hampshire (2022)
Age Distribution in Belknap County, New Hampshire
Citizen Population in Belknap County, New Hampshire (2022)
Political Trends & Data
Belknap County, New Hampshire exhibited a noticeable Republican leaning in the recent presidential election, with Republicans receiving over 54% of the vote and Democrats around 44%. Libertarian support was minimal at just over 1.5%, highlighting a strong two-party preference in this area. This political landscape could influence local policy and community sentiment, potentially affecting future real estate market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Belknap County, New Hampshire showed a discernible leaning towards Republican preference with over 54% of the vote, while Democrats garnered around 44%. Libertarian support was minimal, with just over 1.5%, and there was no notable backing for Green or other parties. This suggests a predominantly two-party dynamic in this county's recent presidential election.
54.44% of voters voted for the Republican party in the 2020 Presidential Election
44.01% of voters voted for the Democrat party in the 2020 Presidential Election
1.56% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Belknap County, New Hampshire has consistently maintained a student-to-teacher ratio between 11 and 12 students per teacher over the past decade. This ratio is notably below the national average of 14 students per teacher, potentially signifying more personalized attention for students. This trend could be a key factor for families prioritizing education quality and prospective homebuyers considering the community's school... Read more
Student-to-teacher ratio in Belknap County, New Hampshire over the last 10 years
Belknap County, New Hampshire has experienced a relatively stable student-to-teacher ratio over the past decade, largely remaining between eleven and twelve students per teacher. This is notably below the current national average of fourteen students per teacher, suggesting potentially more personalized attention for each student. This trend might appeal to families prioritizing education quality, prospective homebuyers considering the community's school performance, and real estate agents highlighting local amenities. Additionally, educational institutions and insurers may find this data relevant for assessing long-term investments and local risk factors.
