Coos County Real Estate and Livability Trends
In Coos County, New Hampshire, the average taxable income per tax return peaked at $64,887.15 in 2021, showing a steady rise over the past nine years. Meanwhile, state and local income taxes have also surged, especially after 2017, indicating a potentially stronger economic environment. This may correlate with rising property values and increasing financial commitments, making the area appealing... Read more
Coos County Market Trends
In Coos County, New Hampshire, the median value of occupied housing units grew modestly from $123,500 in 2015 to $157,900 in 2022, maintaining relative affordability compared to statewide and national increases. Residential energy tax credits showed volatility with peaks in 2017 and 2018, hinting at periods of heightened investment in energy-efficient home improvements. Average real estate taxes... Read more
Median Value of Occupied Housing Units in Coos County, New Hampshire Over the Last 8 Years
Over the past eight years, the median value of occupied housing units in Coos County, New Hampshire, has seen modest but steady growth from $123,500 in 2015 to $157,900 in 2022. In a state like New Hampshire, where the median home value jumped from $237,300 to $337,100 in the same period, Coos County remains relatively affordable. Nationally, home values also increased more sharply from $125,500 in 2015 to $179,400 in 2022. This makes Coos County an intriguing option for potential homebuyers or investors looking for more cost-effective real estate opportunities within New Hampshire and the broader national context.
Residential Energy Tax Credit Per Tax Return in Coos County, NH Over the Last 9 Years
Residential energy tax credits in Coos County, New Hampshire have demonstrated substantial fluctuations over the past nine years. While credits began at reasonably modest levels, they spiked significantly in 2016 ($934.88) and peaked in 2017 ($2,530.77) and 2018 ($3,028.57). Investors, builders, and real estate agents might find this trend particularly compelling as it suggests a period of increased investment in energy-efficient home improvements. However, the subsequent dip in the average tax credit from 2019 to 2021 indicates a potential recalibration of such investments. Those in the appraisal and insurance industries might view these changes as indicators of property value adjustments due to enhancements in energy efficiency, potentially influencing the market landscape and insurance premiums.
Average Real Estate Taxes Per Tax Return in Coos County, NH Over the Last 10 Years
Over the past decade, Coos County, New Hampshire has seen a notable increase in average real estate taxes per tax return. Starting from around $4,829.21 in 2012, the taxes gradually escalated, hitting $8,422.58 by 2021. This trend might indicate a rising demand for properties or an increase in property values. The spike to $7,910.53 in 2018 followed by fluctuation and reaching $8,512.50 in 2020 could suggest significant market dynamics at play, offering insights for investors, appraisers, and real estate agents regarding property valuation trends and potential tax implications. This upward trend should also be of interest to insurers and those considering moving to or currently living in the area.
Percentage of Farm Returns in Coos County, NH Over the Last 10 Years
Over the last 10 years, Coos County, New Hampshire has seen a slight decline in the percentage of farm tax returns, starting from roughly 0.91% in 2012 and fluctuating down to approximately 0.72% in 2021. Farm tax returns are a crucial indicator of the agricultural sector's economic activity and vitality in any given area. These returns, being a fraction of all tax filings, can provide insights into local farming trends, property valuation, and potential investment opportunities. This decline might suggest a shift in the agricultural landscape or economic challenges faced by farmers, carrying implications for those considering investments or property development in the region.
Number of Mortgages by Occupancy Type in Coos County, NH Over the Last 5 Years in Coos County
Over the past five years in Coos County, New Hampshire, there has been a noticeable fluctuation in the number of mortgages secured for different types of properties. Principal residences consistently dominate the market, indicating strong demand for primary living spaces. Meanwhile, investment property mortgages show a slight increase, which could be indicative of growing interest from investors possibly seeing potential in the area. Mortgages for second residences vary but remain significant, suggesting that the area is appealing as a secondary living destination. These shifts in occupancy types can impact real estate values, insurance premiums, and investment strategies, making it vital for stakeholders to stay informed on these trends.
Economic Outlook
In Coos County, New Hampshire, the average taxable income per tax return peaked at $64,887.15 in 2021, reflecting a continuous rise over the past nine years. Concurrently, state and local income taxes have surged from $3,376.39 in 2012 to $11,417.65 in 2021, especially post-2017. Additionally, the average total tax liability climbed from $5,933.30 in 2012 to $10,113.70 in 2021. These fiscal trends suggest a potentially stronger economic environment, which may appeal to investors, real estate... Read more
Average Taxable Income per Tax Return in Coos County, NH over the last 9 years
In Coos County, New Hampshire, there's been a notable upward trend in average taxable income per tax return over the past nine years, peaking at $64,887.15 in 2021. This consistent growth could hint at a strengthening local economy and can be a key indicator for potential investors or property developers eyeing the area. Real estate agents and appraisers might find this trend particularly significant as increasing income levels often correlate with rising property values. Likewise, insurance agents could see this as an opportunity to adjust coverage plans, while those considering moving to the region may view this positively concerning job prospects and economic stability.
Average State and Local Income Taxes Per Tax Return in Coos County, NH Over the Last 10 Years
Coos County, New Hampshire has shown a dynamic increase in average state and local income taxes per tax return over the past decade. From a modest $3,376.39 in 2012 to a significant jump to $11,417.65 in 2021, there's a clear upward trend, especially post-2017. This escalation could impact decisions for prospective investors and property developers, suggesting an increasing financial commitment. Real estate agents and insurers may also find this data critical as it could reflect on the county's economic environment and influence clients' choices.
Average Total Tax Liability Per Tax Return in Coos County, NH Over the Last 10 Years
Over the past decade, Coos County, New Hampshire has seen a fairly steady rise in the average total tax liability per tax return, climbing from approximately $5,933.30 in 2012 to about $10,113.70 in 2021. Notable increases, particularly from 2017 onwards, suggest evolving economic conditions or policy changes impacting taxpayers. This trend might be relevant for investors, real estate agents, and property developers to assess the financial climate, while appraisers and insurance agents might need to account for these factors in their valuations and risk assessments.
Cost of Living in Coos County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,244 | $1,552 | $1,473 | $1,454 | $910 |
| 1 adult 4 children | $1,244 | $1,268 | $1,121 | $1,454 | $1,014 |
| 2 adults 3 children | $1,244 | $1,268 | $1,281 | $1,454 | $720 |
| 1 adult 3 children | $1,244 | $1,035 | $929 | $1,454 | $808 |
| 2 adults 2 children | $950 | $1,038 | $1,089 | $1,261 | $628 |
| 1 adult 2 children | $950 | $775 | $737 | $1,261 | $598 |
| 2 adults 1 child | $950 | $820 | $897 | $630 | $595 |
| 1 adult 1 child | $950 | $530 | $545 | $630 | $502 |
| 2 adults | $779 | $659 | $705 | $0 | $516 |
| 1 adult | $647 | $360 | $352 | $0 | $417 |
Safety trends & Data
Property crime trends in Coos County, New Hampshire, have fluctuated over the past five years, with larceny-theft peaking at 79.0 instances in 2022 after hitting a low of 39.0 in 2019. Vandalism incidents peaked at 28.0 in 2020 but generally remained in the low twenties otherwise. Fraud saw a slight dip and stayed relatively low, while embezzlement and burglary showed only minor variations. Motor vehicle theft and arson remained steady. These trends highlight specific areas of concern for... Read more
Property Crime Trends in Coos County, NH Over the Last 5 Years
Property crime trends in Coos County, New Hampshire over the past five years reveal some notable fluctuations, especially in larceny-theft, which peaked at 79.0 instances in 2022 compared to a low of 39.0 in 2019. Vandalism also showed variability, with the highest number of incidents (28.0) in 2020 and generally hovering in the low twenties for other years. Fraud instances slightly dipped and remained relatively low over the years, while crimes like embezzlement and burglary exhibited minor variations. Motor vehicle theft and arson remained relatively steady, indicating specific areas of concern for potential investors and property developers. These insights are crucial for anyone considering property investment, building, or appraising in the area, as they provide a clearer picture of property-related crime risks.
Demographics
Coos County, New Hampshire shows a slightly higher male population compared to females. A large portion of the adult population holds at least a high school diploma, yet a significant number don't have any post-secondary education. The age distribution suggests an aging population, with a noticeable number over 55 years. Racially, the county is overwhelmingly White, with small representations from other racial groups. This demographic makeup could impact community services, educational needs,... Read more
Race Distribution in Coos County, New Hampshire (2022)
Educational Attainment in Coos County, New Hampshire (2022)
Age Distribution in Coos County, New Hampshire
Citizen Population in Coos County, New Hampshire (2022)
Political Trends & Data
Coos County in New Hampshire leaned slightly Republican in the 2020 U.S. Presidential Election, with GOP candidates capturing around 52% of the vote. Democrats garnered close to 46%, suggesting a predominantly two-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Coos County in New Hampshire leaned slightly Republican in the 2020 U.S. Presidential Election, with GOP candidates capturing around 52% of the vote. Democrats garnered close to 46%, while the Libertarian Party received roughly 1.6%. The Green Party did not appear to have a significant presence. This distribution suggests a predominantly two-party competition with minor third-party influence.
52.18% of voters voted for the Republican party in the 2020 Presidential Election
46.26% 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
In Coos County, New Hampshire, the student-to-teacher ratio has hovered around nine students per teacher over the past decade, well below the national average of fourteen. This low ratio suggests that students may receive more personalized attention and support, which could appeal to prospective real estate investors, relocating parents, and education-focused appraisers. Enhanced educational quality often draws families, offering an attractive point for real estate agents and developers to... Read more
Student-to-teacher ratio in Coos County, New Hampshire over the last 10 years
Over the past decade, Coos County, New Hampshire has consistently maintained a student-to-teacher ratio hovering around nine students per teacher, significantly below the national average of fourteen. This suggests that students in Coos County can potentially benefit from more personalized attention and improved educational support. For prospective real estate investors, parents considering relocation, and educational appraisers, this low ratio could indicate a higher quality of education. Lower ratios often correlate with enhanced student performance and satisfaction, making the area potentially more attractive for families. Real estate agents and developers might also find this an appealing point when marketing properties, particularly to young families prioritizing education.
