Cheshire County Real Estate and Livability Trends
Cheshire County, New Hampshire's average taxable income has seen substantial growth, moving from roughly $57,553.74 in 2013 to about $87,984.54 by 2021. The median home values have also increased, going from $188,800 in 2015 to $238,800 in 2022, making real estate in this area a potentially solid investment. The rising average real estate taxes, from $6,683.47 in 2012 to nearly $10,188.83 in... Read more
Cheshire County Market Trends
Cheshire County, New Hampshire's median home values have grown steadily from $188,800 in 2015 to $238,800 in 2022, making it more affordable than the state median but a solid investment compared to the national rate. The residential energy tax credit per tax return saw significant volatility, peaking at $3,818.18 in 2018, pointing to fluctuating investments in energy-efficient home improvements.... Read more
Median Value of Occupied Housing Units in Cheshire County, New Hampshire Over the Last 8 Years
Cheshire County, New Hampshire's median home values have experienced steady growth over the past eight years, rising from $188,800 in 2015 to $238,800 in 2022. This upward trend, while pronounced, still places Cheshire County below the state median of $337,100 in 2022, yet significantly above the national median of $179,400 for the same year. For investors and potential homeowners, this divergence suggests that while Cheshire County offers a more affordable entry point than the state average, it remains a solid investment compared to broader national trends.
Residential Energy Tax Credit Per Tax Return in Cheshire County, NH Over the Last 9 Years
Over the past nine years, Cheshire County, New Hampshire has seen a significant fluctuation in the average residential energy tax credit per tax return. Beginning at $340.35 in 2013, there was a sharp increase peaking at $3,818.18 in 2018. This volatility might suggest varying levels of investment in energy-efficient improvements among homeowners. Observing these spikes could indicate potential opportunities for those in real estate and construction to focus on energy-related upgrades, which apparently attract substantial tax benefits. This trend may also interest insurance agents and appraisers as it reflects the community's growing consciousness towards sustainable living.
Average Real Estate Taxes Per Tax Return in Cheshire County, NH Over the Last 10 Years
Over the past decade, Cheshire County, New Hampshire has seen a notable upward trend in average real estate taxes per tax return. Starting at approximately $6,683.47 in 2012, there has been a consistent increase, reaching nearly $10,188.83 by 2021. This rise, particularly noticeable between 2018 and 2021, could be indicative of growing property values or escalating municipal costs. For potential investors, insurance agents, and real estate developers, this trend may suggest a lucrative but potentially costlier landscape, emphasizing the importance of detailed fiscal planning and budget considerations when engaging with the Cheshire County property market.
Percentage of Farm Returns in Cheshire County, NH Over the Last 10 Years
Over the last 10 years, the percentage of farm returns in Cheshire County, New Hampshire has displayed minor fluctuations, generally ranging from 0.48% to 0.65%. There's been a slight downward trend more recently, with figures moving from 0.62% in 2013 to around 0.48% in 2021. This could be relevant for investors and those looking to develop property, as it suggests a potential decline in agricultural activity or a shift in land use. For those already living in the area, understanding these shifts might be useful for local economic forecasting and community planning.
Number of Mortgages by Occupancy Type in Cheshire County, NH Over the Last 5 Years in Cheshire County
In Cheshire County, New Hampshire, the data over the past five years suggests a general increase in the number of mortgages for principal residences, peaking in 2021 and slightly tapering off in subsequent years. Investment properties and second residences have consistently seen lower counts. This trend could imply a growing demand for primary living spaces over investment opportunities, which might concern investors eyeing rental markets. For appraisers and real estate agents, understanding these shifts is crucial as they influence property values and market dynamics. Potential homeowners and insurance agents alike would need to consider these occupancy changes since they can impact risk assessments and coverage costs. Developers might also want to note the relative stability in second residence mortgages, signaling potential for niche projects or leisure properties.
Economic Outlook
In Cheshire County, New Hampshire, the average taxable income per tax return has soared from roughly $57,553.74 in 2013 to about $87,984.54 in 2021, signaling probable economic growth and affluence. The local income taxes have also seen volatility, with stark increases, particularly peaking at $14,463.16 in 2021. Total tax liability trends have similarly climbed, reflecting potential economic and fiscal shifts. Additionally, the county's poverty rate has fluctuated, generally staying near or... Read more
Average Taxable Income per Tax Return in Cheshire County, NH over the last 9 years
Cheshire County, New Hampshire, has experienced a notable increase in the average taxable income per tax return over the last nine years, growing from approximately $57,553.74 in 2013 to roughly $87,984.54 in 2021. This upward trend signals potential economic growth and increasing affluence, making it an attractive location for investors, property developers, and real estate agents. For those considering moving to the area, the rising income levels could indicate a robust local economy, although potential residents should also be aware that this might correlate with higher living costs. Financial professionals and insurance agents might find these trends useful for appraisals and policy adjustments reflecting the evolving financial landscape in the county.
Average State and Local Income Taxes Per Tax Return in Cheshire County, NH Over the Last 10 Years
Cheshire County, New Hampshire, has seen significant fluctuations in average state and local income taxes per tax return over the past decade. After modest increases from $4,523.91 in 2012 to $6,840.89 in 2015, there was a dramatic spike in 2018, reaching $11,956.00. The trend continued with another sharp rise to $14,463.16 in 2021, suggesting potential changes in tax policies or economic factors impacting taxpayers. This volatility may be a crucial consideration for investors, real estate agents, and appraisers assessing the financial landscape of the area.
Average Total Tax Liability Per Tax Return in Cheshire County, NH Over the Last 10 Years
Over the past decade, average total tax liability per tax return in Cheshire County, New Hampshire has generally trended upwards, with some fluctuations. Starting from $9,488.16 in 2012, there were notable increases, peaking significantly at $14,897.96 in 2021. This rise could reflect changes in income levels, tax laws, or local economic conditions impacting residents. Such insights may be crucial for investors, prospective residents, real estate professionals, appraisers, and insurance agents assessing the economic and fiscal climate in the county.
Cost of Living in Cheshire County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,860 | $1,560 | $1,473 | $1,823 | $1,246 |
| 1 adult 4 children | $1,860 | $1,274 | $1,121 | $1,823 | $1,406 |
| 2 adults 3 children | $1,860 | $1,275 | $1,281 | $1,823 | $1,027 |
| 1 adult 3 children | $1,860 | $1,041 | $929 | $1,823 | $1,205 |
| 2 adults 2 children | $1,331 | $1,043 | $1,089 | $1,580 | $789 |
| 1 adult 2 children | $1,331 | $779 | $737 | $1,580 | $832 |
| 2 adults 1 child | $1,331 | $825 | $897 | $790 | $722 |
| 1 adult 1 child | $1,331 | $533 | $545 | $790 | $639 |
| 2 adults | $1,011 | $663 | $705 | $0 | $573 |
| 1 adult | $946 | $361 | $352 | $0 | $496 |
Safety trends & Data
Property crime trends in Cheshire County, New Hampshire, have shown variations over the last five years. Larceny-theft peaked in 2018 with 157 cases, decreased to 94 in 2020, and slightly increased to 129 in 2022. Vandalism incidents dropped from 59 in 2018 to just 29 in 2022, while burglary cases declined significantly from 16 in 2020 to only 5 in 2022. These shifts may influence decisions for prospective investors, real estate agents, and insurance assessors considering the... Read more
Property Crime Trends in Cheshire County, NH Over the Last 5 Years
Property crime trends in Cheshire County, New Hampshire, over the past five years show fluctuating figures in burglary, larceny-theft, motor vehicle theft, and vandalism. Larceny-theft consistently represents the bulk of incidents, peaking in 2018 with 157 cases, dipping to 94 in 2020, and rising slightly to 129 in 2022. Vandalism cases dropped from 59 in 2018 to a low of 29 in 2022. Burglary saw a decline from 16 cases in 2020 to just 5 in 2022. These patterns suggest a variable yet noteworthy shift in property crime rates, which could impact considerations for prospective investors, real estate agents, and insurance assessors in the region.
Demographics
Male and female populations in Cheshire County are fairly balanced, suggesting a steady gender distribution. Educational attainment varies, with high school graduates forming the largest group and a notable number holding bachelor's and graduate degrees, which may imply a relatively educated populace. Age distribution indicates a significant number of residents are in the 55 to 64 age bracket, which might signal an aging population trend. The racial composition is predominantly White, with... Read more
Race Distribution in Cheshire County, New Hampshire (2022)
Educational Attainment in Cheshire County, New Hampshire (2022)
Age Distribution in Cheshire County, New Hampshire
Citizen Population in Cheshire County, New Hampshire (2022)
Political Trends & Data
Cheshire County, New Hampshire, leaned Democratic in the 2020 presidential election with an estimated 57.7% of the vote, while Republicans secured about 40.5%. Libertarians and other minor party candidates had minimal influence, suggesting predominantly two-party competition but with potential for shifts and significant Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Cheshire County, New Hampshire, the 2020 U.S. Presidential Election saw Democrats likely having a noticeable lead with 57.7% of the vote, compared to Republicans who garnered around 40.5%. Libertarians had minimal impact with roughly 1.8% of the votes, while other parties, including the Green Party, did not register significant support. This distribution may suggest Democratic leanings in local voter preferences, but with a considerable Republican presence indicating a competitive political landscape.
40.47% of voters voted for the Republican party in the 2020 Presidential Election
57.72% of voters voted for the Democrat party in the 2020 Presidential Election
1.81% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Cheshire County, New Hampshire boasts a low student-to-teacher ratio, consistently around 11 students per teacher and even dipping to about 10 in recent years. This figure is well below the national average of 14, potentially making the area attractive for families prioritizing education. Smaller class sizes can suggest a strong community investment in schools, potentially stabilizing or increasing property values and perhaps even lowering insurance risks for... Read more
Student-to-teacher ratio in Cheshire County, New Hampshire over the last 10 years
Cheshire County, New Hampshire has maintained a relatively low student-to-teacher ratio over the past decade, generally hovering around the 11-student mark, with a notable dip to around 10 students per teacher in the past three years. This ratio is consistently below the national average of 14 students per teacher, suggesting smaller class sizes which could potentially offer more individualized attention to students. Such trends are likely to interest those considering moving to the area for educational reasons, real estate professionals advising families, and appraisers considering the desirability of properties. Smaller student-to-teacher ratios can imply stronger community investment in education, which may correlate with stable or increasing property values and potentially lower insurance risks.
