Grafton County Real Estate and Livability Trends
Grafton County, New Hampshire, is experiencing notable economic growth, with average taxable income per return rising from $70,505.31 in 2013 to $125,847.81 in 2021. This upward trend might signal growing investment potential in the real estate market. Meanwhile, median home values have climbed from $211,500 in 2015 to $273,100 in 2022, albeit at a steadier pace compared to the state average,... Read more
Grafton County Market Trends
Grafton County, New Hampshire has witnessed a steady increase in median home values from $211,500 in 2015 to $273,100 in 2022, offering a more moderate growth rate compared to the state average. Residential energy tax credits have fluctuated greatly, peaking at $5,040.00 in 2018 before stabilizing around $1,530.00-$1,850.00, possibly indicating varying investments in energy efficiency. Real... Read more
Median Value of Occupied Housing Units in Grafton County, New Hampshire Over the Last 8 Years
Grafton County, New Hampshire has seen a steady increase in median home values over the past 8 years, rising from $211,500 in 2015 to $273,100 in 2022. This trend closely mirrors the broader upward trajectory in the state, which climbed from $237,300 to $337,100 over the same period. However, the growth rate in Grafton County appears to be more moderate compared to the state average. Nationally, median home values also increased but started at a much lower base of $125,500 in 2015, reaching $179,400 by 2022. This context could make Grafton County an attractive area for investors and homebuyers looking for growth potential without the steeper price increases seen elsewhere in New Hampshire.
Residential Energy Tax Credit Per Tax Return in Grafton County, NH Over the Last 9 Years
In Grafton County, New Hampshire, there has been substantial fluctuation in the average residential energy tax credit per tax return over the past nine years. Starting at approximately $479.00 in 2013, the credits peaked dramatically at $5,040.00 in 2018 before stabilizing around $1,530.00-$1,850.00 in recent years. Such volatility may indicate varying levels of investment in energy-efficient home improvements or changing state incentives. This trend could be particularly relevant for real estate investors, homeowners, and professionals who focus on sustainable living options, as substantial tax credits can significantly affect overall housing costs and return on investment.
Average Real Estate Taxes Per Tax Return in Grafton County, NH Over the Last 10 Years
Real estate taxes in Grafton County, New Hampshire have shown a marked upward trend over the past decade. Starting at approximately $7,353.34 per tax return in 2012, they have surged to around $12,944.68 by 2021. This consistent increase reflects the growing valuation of property in the area, potentially tied to rising demand and economic factors. For investors, this escalating tax trend could signal both the increasing value of real estate investments and the need to factor higher tax expenses into financial planning. Similarly, potential residents and real estate agents might see this as an indication of the county's expanding affluence and desirability.
Percentage of Farm Returns in Grafton County, NH Over the Last 10 Years
Grafton County, New Hampshire, has seen a noticeable decline in farm tax returns over the past decade, dropping from 0.75% in 2012 to 0.55% in 2021. This trend may indicate a gradual decrease in agricultural activities, possibly driven by factors like urbanization or changes in local economic focus. For investors, this could highlight emerging opportunities in non-agricultural sectors. Prospective residents or developers might find more value in diversifying property use away from traditional farming. Farm tax returns refer to the portion of tax filings indicating income derived from farming activities. Declining farm returns often suggest a shift in the local economic landscape, which could be crucial for anyone looking to invest in, build on, or move to properties in Grafton County.
Number of Mortgages by Occupancy Type in Grafton County, NH Over the Last 5 Years in Grafton County
Grafton County, New Hampshire has experienced notable fluctuations in mortgage numbers across different occupancy types over the last five years. Investment property mortgages have seen a moderate increase, peaking at 313 in 2021 before declining to 275 in 2022. Mortgages for principal residences have been more erratic but saw a significant rise to 4340 in 2021 before dropping sharply to 2924 in 2022. Second residence mortgages spiked to 1186 in 2020 and then fell to 644 in 2022. Shifts in occupancy types can signal changing market dynamics and demand pressures, impacting home values, rental markets, and investment opportunities in Grafton County. This information is critical for investors, potential homeowners, appraisers, and those in the real estate industry to inform their strategies and decisions.
Economic Outlook
Grafton County, New Hampshire, seems to be on an economic upswing with average taxable income per tax return climbing from $70,505.31 in 2013 to $125,847.81 by 2021. This economic boost could signal increased investment potential and demand in the real estate market. Yet, it's also seen substantial fluctuations in average state and local income taxes, spiking from $6,109.70 in 2015 to $17,715.00 in 2021, which might point to changing economic conditions or tax policies. The average total tax... Read more
Average Taxable Income per Tax Return in Grafton County, NH over the last 9 years
Grafton County, New Hampshire has seen a noticeable upward trend in average taxable income per tax return over the past nine years. Starting at $70,505.31 in 2013, the average income has increased almost every year, showing significant growth particularly between 2018 and 2021, where it jumped from $90,246.58 to $125,847.81. This trend may indicate a growing economic prosperity in the region, potentially making it an attractive area for investment, property development, and real estate activity. It also suggests a solid tax base for local governments, which could be of interest to appraisers and insurance agents assessing the area's financial health and stability.
Average State and Local Income Taxes Per Tax Return in Grafton County, NH Over the Last 10 Years
Grafton County, New Hampshire, has seen substantial fluctuations in average state and local income taxes per tax return over the past decade. Notably, there was a sharp increase from $6,109.70 in 2015 to a peak of $17,715.00 in 2021. This dramatic rise may hint at changing economic conditions, shifts in income brackets, or evolving tax policies, making the area particularly intriguing for investors, real estate professionals, and potential homeowners seeking to understand the financial landscape.
Average Total Tax Liability Per Tax Return in Grafton County, NH Over the Last 10 Years
Over the past decade, Grafton County, New Hampshire has seen a noticeable increase in average total tax liability per tax return. Starting from approximately $12,781.75 in 2012, this figure has consistently risen to an all-time high of about $27,269.80 in 2021. This trend may suggest strengthening economic conditions or changing tax policies in the area, making it a critical factor for potential investors, appraisers, insurance agents, and real estate agents to consider. The substantial increase in 2020 and 2021 might be a reflection of unique economic conditions during those years, possibly linked to broader national or global trends.
Cost of Living in Grafton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,714 | $1,633 | $1,473 | $1,893 | $1,263 |
| 1 adult 4 children | $1,714 | $1,333 | $1,121 | $1,893 | $1,443 |
| 2 adults 3 children | $1,714 | $1,334 | $1,281 | $1,893 | $1,055 |
| 1 adult 3 children | $1,714 | $1,089 | $929 | $1,893 | $1,235 |
| 2 adults 2 children | $1,343 | $1,092 | $1,089 | $1,641 | $863 |
| 1 adult 2 children | $1,343 | $816 | $737 | $1,641 | $901 |
| 2 adults 1 child | $1,343 | $863 | $897 | $820 | $756 |
| 1 adult 1 child | $1,343 | $557 | $545 | $820 | $680 |
| 2 adults | $1,020 | $693 | $705 | $0 | $596 |
| 1 adult | $898 | $378 | $352 | $0 | $507 |
Safety trends & Data
In Grafton County, New Hampshire, property crime trends over the past five years reveal some intriguing dynamics. Larceny-theft, while the most common crime, decreased significantly from 221.0 arrests in 2019 to 121.0 in 2022. Both burglary and motor vehicle theft incidents have generally declined, whereas fraud and vandalism arrests lacked a clear pattern. Notably, embezzlement cases plummeted from 13.0 in 2018 to 3.0 in 2022, suggesting improved internal security measures. This complex crime... Read more
Property Crime Trends in Grafton County, NH Over the Last 5 Years
Over the past five years, Grafton County, New Hampshire has displayed varied trends in property crimes. Larceny-theft has consistently been the most frequent crime, though its occurrences decreased from 221.0 arrests in 2019 to 121.0 in 2022. Burglary and motor vehicle theft numbers have also generally declined, while fraud and vandalism arrests have fluctuated, showing no clear trend. Embezzlement incidents dropped significantly from 13.0 in 2018 to 3.0 in 2022, indicating a possible improvement in internal security measures. This nuanced landscape of property crimes suggests a mixed bag of challenges and improvements, critical for potential residents, investors, real estate professionals, and insurance agents assessing the area's safety and risk profiles.
Demographics
In Grafton County, New Hampshire, the adult population skews slightly female. Educational attainment shows a substantial portion with high school diplomas or higher, notably a solid percentage holding bachelor's and graduate degrees, which indicate a well-educated community. Age distribution reveals a significant concentration in the 55 to 64 years bracket, hinting at an aging population. The racial makeup remains predominantly white, with other racial groups comprising a smaller share,... Read more
Race Distribution in Grafton County, New Hampshire (2022)
Educational Attainment in Grafton County, New Hampshire (2022)
Age Distribution in Grafton County, New Hampshire
Citizen Population in Grafton County, New Hampshire (2022)
Political Trends & Data
In Grafton County, New Hampshire, the 2020 U.S. Presidential Election suggested a strong Democratic leaning, with an estimated 61.5% of votes possibly going to the Democratic candidate. Republicans seemed to constitute about 37%, and minor parties like the Libertarian Party captured around 1.6%. This might reflect a local preference for Democratic policies, highlighting broader political shifts or specific local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Grafton County, New Hampshire, the 2020 U.S. Presidential Election saw a notable Democratic lean, with approximately 61.5% of the votes possibly going to the Democratic candidate. Republican voters appeared to make up around 37%, while minor parties, such as the Libertarian Party, captured a small fraction, potentially around 1.6%. This trend may indicate a strong preference for Democratic policies in this county, reflecting broader shifts or local sentiments influencing voting behavior.
36.88% of voters voted for the Republican party in the 2020 Presidential Election
61.48% of voters voted for the Democrat party in the 2020 Presidential Election
1.63% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Grafton County, New Hampshire's student-to-teacher ratio has consistently remained between 9 and 10 over the past decade, notably below the national average of 14. This trend suggests a more personalized learning environment, potentially attracting families seeking quality education. Real estate agents could leverage this as a key selling point, and it might signal to investors and developers that property values are stable or possibly increasing. Appraisers might factor this into their... Read more
Student-to-teacher ratio in Grafton County, New Hampshire over the last 10 years
Grafton County, New Hampshire has seen its student-to-teacher ratio hover between nine and ten over the past decade, consistently lower than the national average of 14 students per teacher. This suggests a potentially more personalized learning environment, which might attract families seeking quality education for their children. For real estate agents, this trend could be a key selling point, while investors and property developers might see it as an indicator of stable or rising property values. Appraisers might also consider this a factor in their assessments, and insurance agents could interpret lower ratios as a sign of a supportive community infrastructure.
