Strafford County Real Estate and Livability Trends
Strafford County, New Hampshire has seen real estate risks and opportunities evolve, with the median home value reaching $300,200 in 2022. Notably, property taxes rose from $6,517.78 in 2012 to $9,363.32 by 2021, reflecting higher financial commitments for homeowners. Trends also show a potential shift in investment strategies, as mortgages on investment properties decreased sharply in 2022. This... Read more
Strafford County Market Trends
Strafford County's median home values have steadily climbed to $300,200 in 2022, outpacing New Hampshire's average of $337,100 and the national figure of $179,400. Such growth could make the area appealing for investors and new residents. Real estate taxes have notably increased from approximately $6,517.78 in 2012 to about $9,363.32 by 2021, reflecting a significant financial commitment for... Read more
Median Value of Occupied Housing Units in Strafford County, New Hampshire Over the Last 8 Years
Strafford County's median home values have seen a steady climb over the last eight years, reaching $300,200 in 2022. This growth outpaced both the New Hampshire state average and national figures, with state values reaching $337,100 and national values hitting $179,400 in the same year. This upward trend might suggest a strong local housing market, making Strafford County an attractive area for investors and those looking to move or build property. Homeowners in the area might also expect their properties to appreciate at a faster rate compared to broader state and national averages.
Residential Energy Tax Credit Per Tax Return in Strafford County, NH Over the Last 9 Years
Strafford County, New Hampshire has experienced notable fluctuations in residential energy tax credits over the past nine years. In 2013, the average credit was $505.43, gradually increasing to a high of $4,205.26 in 2018. This peak was followed by a significant drop to $1,731.94 in 2019, hovering around $1,317.92 by 2021. These variations could suggest changing consumer behavior or policy impacts, potentially influencing energy-efficient upgrades and renovations in residential properties. Investors, appraisers, and real estate agents might find this volatility important when assessing property value and potential development plans.
Average Real Estate Taxes Per Tax Return in Strafford County, NH Over the Last 10 Years
Real estate taxes in Strafford County, New Hampshire, have seen a noticeable increase over the last decade. In 2012, the average tax per return was approximately $6,517.78, and by 2021, this amount had climbed to around $9,363.32. This upward trend, particularly sharp between 2016 and 2018, highlights the growing financial commitment for property owners and investors in the area. For potential buyers, appraisers, and real estate professionals, this sustained rise in tax rates may impact market valuations and investment strategies.
Percentage of Farm Returns in Strafford County, NH Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Strafford County, New Hampshire has seen modest fluctuations, generally hovering around 0.20% to 0.25%. While there isn't a dramatic trend upward or downward, the slight dips in 2019 followed by small recoveries up to 2021 may be of interest to those looking to invest in agricultural property. Farm tax returns indicate the number of taxpayers reporting farm income, which suggests a relatively stable but niche farming community. For potential property buyers, this stability could imply consistent land use and local policies favorable to farming.
Number of Mortgages by Occupancy Type in Strafford County, NH Over the Last 5 Years in Strafford County
Strafford County, New Hampshire has seen significant changes in mortgage types over the past five years, with principal residences consistently making up the majority. However, a notable dip occurred in 2022 compared to previous years. For those looking to invest, shifts in investment property mortgages, which fell dramatically in 2022, might indicate market hesitance or changing investment attractiveness. For insurers and appraisers, the reduction in mortgages for second residences suggests less interest in vacation or secondary homes, impacting risk assessments and property values. Builders and real estate agents should consider these trends as they may signify shifting priorities or economic factors influencing buyer decisions.
Economic Outlook
Strafford County, New Hampshire has seen a steady rise in average taxable income per tax return from $57,391.68 in 2013 to $83,887.64 in 2021, signaling potential economic growth. Concurrently, state and local income taxes per tax return increased from $3,705.29 in 2012 to $6,564.81 in 2021, suggesting a growing tax burden. Additionally, total tax liability per tax return rose significantly from $8,730.52 in 2012 to $13,388.93 by 2021. The percentage of people living below the poverty line... Read more
Average Taxable Income per Tax Return in Strafford County, NH over the last 9 years
Strafford County, New Hampshire has seen a steady increase in average taxable income per tax return over the past nine years, moving from $57,391.68 in 2013 to $83,887.64 in 2021. This trend may suggest growing economic prosperity and could be appealing for investors, real estate agents, and potential new residents looking for a robust, upward economic trajectory. This rise also offers valuable insights for appraisers and insurance agents assessing property values and coverage in the area.
Average State and Local Income Taxes Per Tax Return in Strafford County, NH Over the Last 10 Years
Over the past decade, Strafford County, New Hampshire has experienced a notable upward trend in average state and local income taxes per tax return, with figures rising from $3,705.29 in 2012 to $6,564.81 in 2021. For potential investors and real estate agents, this trajectory could suggest a growing tax burden, which might influence property valuations and the attractiveness of the area. Current residents and those considering a move should be aware of these escalating tax costs, as they could impact cost-of-living considerations. Insurance agents and appraisers may also need to account for these changes when evaluating property risks and values in the county.
Average Total Tax Liability Per Tax Return in Strafford County, NH Over the Last 10 Years
Strafford County, New Hampshire has seen a noticeable upward trend in average total tax liability per tax return over the past decade. Starting at around $8,730.52 in 2012, it surged to approximately $13,388.93 by 2021. Prominent jumps occurred in 2015, 2017, and especially in 2021, indicating rising incomes or changes in tax policies. For investors, real estate professionals, and prospective residents, this trend suggests a growing economic landscape but also potentially higher costs. It's worth considering these financial dynamics when assessing the area for investment or relocation.
Cost of Living in Strafford County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,034 | $1,564 | $1,465 | $2,183 | $1,442 |
| 1 adult 4 children | $2,034 | $1,278 | $1,124 | $2,183 | $1,637 |
| 2 adults 3 children | $2,034 | $1,278 | $1,269 | $2,183 | $1,230 |
| 1 adult 3 children | $2,034 | $1,043 | $928 | $2,183 | $1,434 |
| 2 adults 2 children | $1,563 | $1,046 | $1,073 | $1,896 | $969 |
| 1 adult 2 children | $1,563 | $781 | $732 | $1,896 | $1,041 |
| 2 adults 1 child | $1,563 | $827 | $877 | $964 | $817 |
| 1 adult 1 child | $1,563 | $534 | $537 | $964 | $770 |
| 2 adults | $1,232 | $664 | $682 | $0 | $628 |
| 1 adult | $1,112 | $362 | $341 | $0 | $545 |
Safety trends & Data
Strafford County, New Hampshire, has experienced fluctuating property crime trends over the last five years, with larceny-theft peaking at 520 incidents in 2020 but sharply dropping to 173 by 2022. Vandalism has generally decreased, from 151 incidents in 2018 to 103 in 2022, possibly indicating better local preventive measures or community engagement. Motor vehicle theft remained relatively stable before declining to just 12 incidents in 2022. Embezzlement and forgery saw significant spikes in... Read more
Property Crime Trends in Strafford County, NH Over the Last 5 Years
Over the last five years, Strafford County, New Hampshire, has seen significant fluctuations in various property crimes. Larceny-Theft peaked in 2020 at 520 incidents but dropped sharply to 173 in 2022. Vandalism incidents have generally decreased from 151 in 2018 to 103 in 2022, suggesting improvements in local preventive measures or community engagement. Interestingly, motor vehicle theft has shown relative consistency before declining to 12 in 2022. The trends in embezzlement and forgery also highlight a local focus on white-collar crimes, with notable spikes in 2019 and 2020, then reducing significantly. For investors, real estate agents, and potential residents, these trends may signal enhancing community safety and changing crime patterns that could impact insurance premiums and property values.
Demographics
Strafford County, New Hampshire, shows a slightly larger female than male population in 2022. The educational landscape reveals that a substantial number of adults have completed high school, yet a significant portion has achieved a bachelor's degree or higher. Age distribution points towards a balanced spread across various age groups, with a notable chunk of the population aged between 25 to 64 years. The county's race distribution is predominantly White, with smaller but present minorities... Read more
Race Distribution in Strafford County, New Hampshire (2022)
Educational Attainment in Strafford County, New Hampshire (2022)
Age Distribution in Strafford County, New Hampshire
Citizen Population in Strafford County, New Hampshire (2022)
Political Trends & Data
Strafford County, New Hampshire, has displayed a slight Democratic leaning in recent political trends, with about 56.7% of the vote in the 2020 Presidential Election. Republicans followed with around 41.4%, while Libertarians and other parties barely made a dent. This near two-party dominance might be influencing local real estate decisions and market dynamics, reflecting broader political and social preferences in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Strafford County, New Hampshire might have shown a slight Democratic leaning in the 2020 U.S. Presidential Election, with about 56.7% of the vote. Republicans potentially followed with approximately 41.4%, while Libertarians trailed significantly at around 1.9%. The presence of Green or other parties in the vote share appears negligible, underscoring a relatively straightforward two-party competition in this context.
41.43% of voters voted for the Republican party in the 2020 Presidential Election
56.69% of voters voted for the Democrat party in the 2020 Presidential Election
1.88% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Strafford County, New Hampshire, has maintained a student-to-teacher ratio below the national average of fourteen, hovering around twelve and recently dipping to eleven in 2021 before bouncing back in 2023. This low ratio might suggest more individualized attention for students, providing a compelling factor for families, real estate agents, and appraisers as they highlight the potential impact on property values. Developers and investors could find the area appealing due to the strong... Read more
Student-to-teacher ratio in Strafford County, New Hampshire over the last 10 years
Strafford County, New Hampshire, has consistently seen a student-to-teacher ratio below the national average of fourteen over the past decade. The ratio has generally hovered around twelve, with recent years showing a decrease to as low as eleven in 2021, rebounding slightly to twelve by 2023. This relatively low student-to-teacher ratio might suggest more individualized attention for students and could be a key consideration for families contemplating a move. For real estate agents and appraisers, this is a strong selling point as education quality often influences property values. Investors and property developers could also find this attractive, as areas with better school systems tend to be more desirable, potentially driving demand for housing. Moreover, insurance agents might notice that areas with better educational outcomes possibly correlate with different insurance risk profiles, impacting rates.
