Sullivan County Real Estate and Livability Trends
In Sullivan County, New Hampshire, there's been a notable uptick in average taxable income, climbing from $56,928.86 in 2013 to $101,957.65 by 2021, which could point to regional economic growth. Home values have risen from $171,000 to $211,400 over the past eight years, still trailing the state but outpacing national averages. Property taxes have doubled in the same period, paralleling the... Read more
Sullivan County Market Trends
Over the past eight years, median home values in Sullivan County, New Hampshire, rose from $171,000 to $211,400. This growth, while trailing New Hampshire's overall increase, still outpaces national averages. The county's real estate taxes have also doubled, rising from $6,691.80 in 2012 to $12,377.53 in 2021, suggesting rising property values and investment potential. Energy tax credits... Read more
Median Value of Occupied Housing Units in Sullivan County, New Hampshire Over the Last 8 Years
Over the past eight years, median home values in Sullivan County, New Hampshire have experienced a steady upward trend, rising from $171,000 to $211,400. This is modest compared to the overall state of New Hampshire, where the median values surged from $237,300 to $337,100 in the same period. Nationally, median values moved from $125,500 to $179,400, highlighting how Sullivan County's growth slightly lags behind the state's robust increases but outpaces the national average. This growth offers investors and potential homeowners insight into a market that is more affordable than broader state averages yet exhibits a healthy appreciation in value.
Residential Energy Tax Credit Per Tax Return in Sullivan County, NH Over the Last 9 Years
Sullivan County, New Hampshire, has seen a significant fluctuation in average residential energy tax credits over the past nine years. The year 2017 marked a notable spike, with an average credit of $1,827.27 per tax return, peaking dramatically in 2018 at $4,150.00. More recent years, however, have shown a tapering to averages around $1,282.86 to $1,365.79. This trend suggests periods of substantial energy-efficient investments, potentially driven by large-scale shifts in energy policies or incentives, making it an interesting spot for energy-conscious homeowners and real estate investors.
Average Real Estate Taxes Per Tax Return in Sullivan County, NH Over the Last 10 Years
Over the past decade, Sullivan County, New Hampshire has experienced a steady increase in average real estate taxes per tax return, climbing from $6,691.80 in 2012 to $12,377.53 in 2021. This upward trend, particularly notable between 2016 and 2019, signals rising property values and potential investment opportunities. For real estate agents and appraisers, these increments can influence property evaluations and pricing strategies. Prospective investors and homeowners should consider the escalating tax rates as part of their financial planning. Additionally, insurance agents may need to adjust policy recommendations to align with appreciating real estate valuations in the area.
Percentage of Farm Returns in Sullivan County, NH Over the Last 10 Years
Over the last decade, Sullivan County, New Hampshire has seen slight fluctuations in the percentage of farm tax returns, ranging from a peak of approximately 0.84% in 2015 to a low of around 0.59% in 2019. Farm tax returns help gauge agricultural activity and economic contribution from farming in the region. For potential investors, this could suggest that while farming is a stable part of the local economy, its share of financial returns relative to other sectors has somewhat diminished. Those considering building or moving to the area might interpret these trends as an indicator of evolving economic focus beyond traditional agriculture.
Number of Mortgages by Occupancy Type in Sullivan County, NH Over the Last 5 Years in Sullivan County
In Sullivan County, New Hampshire, over the past five years, most mortgage activity has been for principal residences, with counts showing a notable rise in recent years, peaking in 2021. Investment property mortgages increased steadily until a slight dip in 2022, while second residence mortgages fluctuated, peaking in 2020. Changes in occupancy types highlight shifts in demand, which can affect local housing markets and property values, thereby influencing investment strategies, insurance considerations, appraisal practices, and development plans. Investors, appraisers, and real estate professionals should pay attention to these trends to make informed decisions.
Economic Outlook
In Sullivan County, New Hampshire, average taxable income per tax return has seen a significant rise, from $56,928.86 in 2013 to $101,957.65 by 2021, indicating potential economic growth. Meanwhile, average state and local income taxes per tax return have surged from $3,962.31 in 2012 to $36,239.22 by 2021. Total tax liabilities have also shown an upward trend, with notable spikes, particularly in 2021 reaching $19,580.12. This may suggest rising incomes, higher property values, and shifting... Read more
Average Taxable Income per Tax Return in Sullivan County, NH over the last 9 years
In Sullivan County, New Hampshire, there's been a notable upward trend in average taxable income per tax return over the past nine years. From 2013's $56,928.86, the figure has surged significantly, hitting $101,957.65 by 2021. This steady increase suggests potential economic growth and revitalization in the area, making it of interest to investors, real estate agents, and those considering relocation. Appraisers and insurance agents might also see implications for property values and risk assessments.
Average State and Local Income Taxes Per Tax Return in Sullivan County, NH Over the Last 10 Years
In Sullivan County, New Hampshire, average state and local income taxes per tax return have seen a significant upward trend over the past decade. Starting at $3,962.31 in 2012, there's a notable increase to $36,239.22 by 2021. This rise could suggest escalating property values, higher incomes, or changes in tax policies, impacting potential investors, homeowners, and real estate agents by providing insights into long-term cost implications. Understanding this trend is crucial for appraisers and insurance agents as it may influence property valuations and risk assessments in the area.
Average Total Tax Liability Per Tax Return in Sullivan County, NH Over the Last 10 Years
Over the past decade, average total tax liability per tax return in Sullivan County, New Hampshire has generally trended upward, with notable spikes in 2014, 2016, and particularly 2021, which saw a jump to $19,580.12. This is important for real estate investors and insurance agents as it reflects larger shifts in economic conditions and property values within the area. Such data might suggest an escalating cost of living and can influence appraisals and property development prospects. For those looking to move to the county or invest, keeping an eye on these trends could help anticipate future financial commitments.
Cost of Living in Sullivan County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,570 | $1,476 | $1,473 | $1,738 | $1,083 |
| 1 adult 4 children | $1,570 | $1,205 | $1,121 | $1,738 | $1,239 |
| 2 adults 3 children | $1,570 | $1,206 | $1,281 | $1,738 | $893 |
| 1 adult 3 children | $1,570 | $984 | $929 | $1,738 | $1,040 |
| 2 adults 2 children | $1,264 | $987 | $1,089 | $1,506 | $755 |
| 1 adult 2 children | $1,264 | $737 | $737 | $1,506 | $784 |
| 2 adults 1 child | $1,264 | $780 | $897 | $753 | $699 |
| 1 adult 1 child | $1,264 | $504 | $545 | $753 | $612 |
| 2 adults | $960 | $627 | $705 | $0 | $561 |
| 1 adult | $913 | $342 | $352 | $0 | $489 |
Safety trends & Data
Property crime trends in Sullivan County, New Hampshire, show a mix of fluctuations from 2018 to 2022. Larceny-theft, with 78 incidents in 2022, appears to be the most frequent crime, while vandalism and fraud arrests have possibly declined, reflecting improved local enforcement. Burglary peaked in 2021 with six cases and seems to have slightly decreased by 2022. Less common crimes like embezzlement, arson, and motor vehicle theft show lower incidences, suggesting a potentially safer... Read more
Property Crime Trends in Sullivan County, NH Over the Last 5 Years
Property crime trends in Sullivan County, New Hampshire, from 2018 to 2022 reveal a mix of fluctuations across various crime categories. Larceny-theft consistently remains the most frequent, with 78 incidents in 2022 showing a possible rise. Vandalism and fraud arrests have somewhat declined, reflecting potential improvements in local enforcement or community measures. Meanwhile, burglary showed a peak in 2021 with six cases but appears to have slightly decreased by 2022. Less common crimes like embezzlement, arson, and motor vehicle theft demonstrate varying but relatively lower incidences, providing a potentially safer environment for property and business investment.
Demographics
Sullivan County, New Hampshire's demographics show a nearly balanced gender population, with slightly more males than females. Educational attainment reveals a trend where a significant portion of the population holds at least a high school diploma, but higher education degrees, such as bachelor’s and graduate degrees, are less common. The age distribution is skewed towards older adults, perhaps suggesting an aging population which could have implications for healthcare and social services in... Read more
Race Distribution in Sullivan County, New Hampshire (2022)
Educational Attainment in Sullivan County, New Hampshire (2022)
Age Distribution in Sullivan County, New Hampshire
Citizen Population in Sullivan County, New Hampshire (2022)
Political Trends & Data
Sullivan County, New Hampshire experienced a subtle Democratic tilt in the 2020 U.S. Presidential Election, with Democrats perhaps capturing about 51% of the votes and Republicans hovering around 47%. The Libertarian party had minimal influence, pooling roughly 2%. This dynamic hints at a predominantly two-party preference in the county's political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Sullivan County, New Hampshire saw a slight edge for the Democratic party in the 2020 U.S. Presidential Election, with Democrats potentially securing roughly 51 percent of votes compared to Republicans' estimated 47 percent. The Libertarian party trailed significantly, gathering only around 2 percent. This suggests that while the county leans mildly Democratic, minor parties had minimal impact.
47.20% of voters voted for the Republican party in the 2020 Presidential Election
50.82% of voters voted for the Democrat party in the 2020 Presidential Election
1.98% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Sullivan County, New Hampshire flaunts a consistently low student-to-teacher ratio, staying around 10 to 11 students per teacher—well below the national average of 14. This trend insinuates smaller class sizes and more personalized attention, potentially making the area attractive to families, thereby potentially boosting housing demand. Real estate professionals might consider this as a noteworthy factor when assessing property values and market appeal in Sullivan... Read more
Student-to-teacher ratio in Sullivan County, New Hampshire over the last 10 years
Over the past decade, Sullivan County, New Hampshire has experienced a consistently low student-to-teacher ratio, generally hovering around 10 to 11 students per teacher. This trend is notably below the national average of 14 students per teacher, potentially indicating smaller class sizes and more personalized attention for students. For those considering investing in the local real estate market, moving to the area, or providing educational services, this could be an important factor. Lower student-to-teacher ratios might suggest a favorable educational environment, which could attract families and, consequently, increase demand for housing and community amenities. Real estate agents, appraisers, and insurance agents might find this data useful when assessing property values and the overall attractiveness of Sullivan County.
