Rockingham County Real Estate and Livability Trends
Rockingham County, New Hampshire has seen a significant drop in property crime over the past five years, with larceny-theft incidents falling from 724.00 in 2018 to 397.00 in 2022, and burglary cases halving. This trend could bolster property values and potentially lower insurance rates. Additionally, the close political competition in the area, with Democrats at 50.3% and Republicans at 48.2%,... Read more
Rockingham County Market Trends
The median home values in Rockingham County, New Hampshire have surged to $424,100 in 2022, significantly outpacing both state and national levels. This rise may hint at a robust local economy and heightened demand for housing. Residential energy tax credits per tax return have also seen notable fluctuations, peaking at $4,308.16 in 2018, which could indicate evolving policies or shifts in... Read more
Median Value of Occupied Housing Units in Rockingham County, New Hampshire Over the Last 8 Years
The median home values in Rockingham County, New Hampshire have surged, reaching $424,100 in 2022, which is a noticeable uptick from $282,500 in 2015. This increase outpaces both the state of New Hampshire, where the median value peaked at $337,100 in 2022, and the national median, which rose to $179,400 the same year. This robust growth in property values might hint at a strong local economy and heightened demand for housing, signaling potential opportunities for investors and prospective homebuyers.
Residential Energy Tax Credit Per Tax Return in Rockingham County, NH Over the Last 9 Years
Over the past nine years, Rockingham County, New Hampshire has seen notable fluctuations in residential energy tax credits per tax return. Starting at $380.14 in 2013, the average credit surged to $4308.16 by 2018, then varied between $981.54 and $1461.90 through 2021. This could indicate evolving policies or shifts in homeowner investments in energy-efficient upgrades. The significant peak in 2018 might suggest a major incentive program or widespread adoption of renewable energy systems during that period. For those involved in real estate, finance, or property development, these trends underscore the potential financial benefits tied to energy-efficient home improvements in this county.
Average Real Estate Taxes Per Tax Return in Rockingham County, NH Over the Last 10 Years
Over the last decade, Rockingham County, New Hampshire has seen a gradual rise in the average real estate taxes per tax return, with figures increasing from around $7,013.12 in 2012 to approximately $9,881.02 in 2021. The most significant jumps occurred between 2017 and 2018 when the average went from $8,003.85 to $9,271.71, and then another noticeable increase in 2020 to $9,734.71. These upward trends could indicate rising property values, impacting various stakeholders from potential homeowners to real estate investors and insurance agents. The evolving tax landscape may also affect long-term financial planning for residents and new buyers considering moving to the area.
Percentage of Farm Returns in Rockingham County, NH Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Rockingham County, New Hampshire, has shown a slight decline. Starting from roughly 0.21% in 2012, it has gradually dipped to around 0.16% by 2021. Farm tax returns here involve filings where farm income, which might include revenue from crops or livestock, is reported to state or federal tax authorities. This trend might suggest subtle shifts in the agricultural sector, which could be of interest to those considering investments in local farmland, building properties, or moving to the area. Understanding these dynamics could be key to making informed decisions about the long-term viability of agricultural ventures in the county.
Number of Mortgages by Occupancy Type in Rockingham County, NH Over the Last 5 Years in Rockingham County
Rockingham County, New Hampshire has seen varying mortgage counts over the last five years, particularly for principal residences which consistently dominate the market but show a notable drop in 2022. Investment properties and second residences present smaller, yet relatively stable portions. Changes in occupancy type factors into valuation, insurance risk, and future development potential. Investors might be cautious as the demand for investment properties fluctuates while real estate agents and appraisers could leverage these shifts to anticipate market movements and cater to different client needs. Builders and insurers may focus resources on the dominant but fluctuating principal residence segment, ensuring optimal business strategy alignment with local trends.
Economic Outlook
Rockingham County, New Hampshire has enjoyed a rise in average taxable income per tax return, from $76,974.02 in 2013 to $126,851.50 by 2021, indicating potential economic prosperity that may interest investors and developers. However, accompanying this growth is a significant increase in state and local income taxes, from approximately $5,094.88 in 2012 to around $11,379.18 in 2021, which could impact property affordability. Total tax liabilities per tax return have similarly surged, reaching... Read more
Average Taxable Income per Tax Return in Rockingham County, NH over the last 9 years
The average taxable income per tax return in Rockingham County, New Hampshire, has shown a consistent upward trend over the past nine years. Starting at $76,974.02 in 2013, it climbed steadily, reaching $126,851.50 by 2021. This growth suggests that the region might be experiencing economic prosperity, making it potentially attractive for investors, developers, and real estate professionals. The consistent increase could also signal rising property values, impacting appraisals and insurance assessments.
Average State and Local Income Taxes Per Tax Return in Rockingham County, NH Over the Last 10 Years
State and local income taxes per tax return in Rockingham County, New Hampshire have shown a notable increase over the past decade, rising from approximately $5,094.88 in 2012 to around $11,379.18 in 2021. This upward trend, especially the substantial jumps observed from 2017 onwards, suggests an increasing tax burden which could impact homeowners, prospective buyers, and investors by influencing property affordability and overall living costs. As taxes consume a larger portion of income, potential residents and businesses may need to consider their financial strategies more carefully before settling in or investing in the area.
Average Total Tax Liability Per Tax Return in Rockingham County, NH Over the Last 10 Years
Over the past decade, Rockingham County, New Hampshire has experienced a significant increase in the average total tax liability per tax return. This metric highlights a substantial rise from $14,340.98 in 2012 to $25,256.10 in 2021, suggesting growing income levels or changes in tax policy. Investors and home builders might view this as a sign of economic growth and stability, while insurance agents and appraisers should consider the potential impacts on property valuations and premiums. Real estate agents could leverage this trend to highlight the area's increasing affluence to potential buyers.
Cost of Living in Rockingham County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,211 | $1,629 | $1,465 | $2,442 | $1,655 |
| 1 adult 4 children | $2,211 | $1,330 | $1,124 | $2,442 | $1,858 |
| 2 adults 3 children | $2,211 | $1,331 | $1,269 | $2,442 | $1,440 |
| 1 adult 3 children | $2,211 | $1,086 | $928 | $2,442 | $1,651 |
| 2 adults 2 children | $1,731 | $1,089 | $1,073 | $2,121 | $1,127 |
| 1 adult 2 children | $1,731 | $814 | $732 | $2,121 | $1,233 |
| 2 adults 1 child | $1,731 | $861 | $877 | $1,078 | $906 |
| 1 adult 1 child | $1,731 | $556 | $537 | $1,078 | $890 |
| 2 adults | $1,350 | $692 | $682 | $0 | $677 |
| 1 adult | $1,214 | $377 | $341 | $0 | $584 |
Safety trends & Data
Rockingham County, New Hampshire has seen a notable decrease in property crime over the last five years, with larceny-theft dropping from 724.00 incidents in 2018 to 397.00 in 2022 and burglary cases halving. Such trends might suggest a better security environment, positively affecting property values and potentially leading to lower insurance... Read more
Property Crime Trends in Rockingham County, NH Over the Last 5 Years
Rockingham County, New Hampshire has seen a discernible decrease in property crime across several categories over the last five years. Notably, larceny-theft dropped from 724.00 incidents in 2018 to 397.00 in 2022, and cases of burglary have halved. While fraud and embezzlement faced similar declines, arson and stolen property charges have fluctuated slightly but remained relatively low. For investors, real estate agents, and others interested in the area, these trends might suggest an improving security environment that could positively impact property values and insurance rates.
Demographics
Rockingham County, New Hampshire, shows a balanced gender distribution with a slight female majority. The region's educational attainment rates are quite diverse, with a significant portion holding bachelor's degrees or higher, suggesting a well-educated population. Age-wise, there's a noticeable concentration in the 55 to 64 age group, indicating potential needs for senior services and future shifts in demographics. The racial composition is predominantly White, with minority groups making up... Read more
Race Distribution in Rockingham County, New Hampshire (2022)
Educational Attainment in Rockingham County, New Hampshire (2022)
Age Distribution in Rockingham County, New Hampshire
Citizen Population in Rockingham County, New Hampshire (2022)
Political Trends & Data
In Rockingham County, New Hampshire, real estate can be influenced by the area's tight political competition. With Democrats potentially holding a slight edge at 50.3% of the vote and Republicans close behind at 48.2%, any shifts in political preferences could sway market dynamics. The small Libertarian vote share of approximately 1.4% indicates third parties may have limited sway here, which may impact the stability and predictability of housing demand trends. This competitive political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Rockingham County, New Hampshire, showed a tight race in the 2020 U.S. Presidential Election. Democrats might have had a slight edge with approximately 50.3% of the vote compared to Republicans' 48.2%. Libertarians seemed to have garnered only about 1.4%, highlighting the potential limited influence of third parties in the region. These trends could suggest a highly competitive political landscape.
48.22% of voters voted for the Republican party in the 2020 Presidential Election
50.33% of voters voted for the Democrat party in the 2020 Presidential Election
1.45% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Rockingham County, New Hampshire, has generally stayed below 12 over the past decade, topping at 12.33 in 2016 and dropping to 11.35 in 2021. With the national average at 14, families valuing education might be drawn to the area, increasing property demand and potentially driving up home values. For real estate investors, appraisers, and insurance agents, these education metrics could be crucial in decision-making and property... Read more
Student-to-teacher ratio in Rockingham County, New Hampshire over the last 10 years
Over the past decade, the student-to-teacher ratio in Rockingham County, New Hampshire, has largely hovered around 12 or below, peaking slightly at 12.33 in 2016 and reaching a low of 11.35 in 2021. These figures suggest a more favorable learning environment compared to the national average of 14 students per teacher. Lower ratios generally allow for more individualized attention in the classroom, improve student performance, and could potentially add value to properties in the area, attracting families who prioritize education. For real estate investors, appraisers, insurance agents, and those considering moving to Rockingham County, these education metrics could play a pivotal role in decision-making and property valuation.
