Chautauqua County Real Estate and Livability Trends
Chautauqua County, New York, has seen median home values climb from $84,500 in 2015 to $110,900 in 2022, highlighting more affordable investment options compared to both state and national medians. Rising incomes, from $43,757.58 in 2013 to about $58,163.36 in 2021, contrast with increasing taxes and persistent poverty levels around 17.6%, reflective of a complex economic landscape. The... Read more
Chautauqua County Market Trends
Chautauqua County's median home values have increased from $84,500 in 2015 to $110,900 in 2022, offering more affordable investment opportunities compared to New York State's median of $384,100 and the national peak of $179,400. The county has seen dynamic changes in residential energy tax credits, with a notable spike to $2,750.00 in 2018, hinting at significant investments in energy efficiency.... Read more
Median Value of Occupied Housing Units in Chautauqua County, New York Over the Last 8 Years
Chautauqua County's median home values have seen a steady increase over the past eight years, rising from $84,500 in 2015 to $110,900 in 2022. This local appreciation, while significant, pales compared to the state and national trends. New York State's median home values climbed to $384,100 in 2022, while nationally, values peaked at $179,400. This suggests that Chautauqua County may still offer relatively affordable property investment opportunities, especially when compared to broader trends.
Residential Energy Tax Credit Per Tax Return in Chautauqua County, NY Over the Last 9 Years
Chautauqua County, New York has seen dynamic changes in average residential energy tax credits per tax return over the past nine years. After steadily increasing from $256.74 in 2013 to a high of $777.05 in 2017, there was an unprecedented spike to $2,750.00 in 2018. This anomaly likely reflects significant investments in energy efficiency measures that year. Following this peak, credits dropped sharply to $666.20 in 2019 and have stabilized around the mid $400s in subsequent years. These fluctuations suggest varying levels of investment in energy-efficient home improvements and could indicate opportunities for future incentives in green building initiatives.
Average Real Estate Taxes Per Tax Return in Chautauqua County, NY Over the Last 10 Years
Over the last decade, Chautauqua County, New York has seen a steady increase in average real estate taxes per tax return, growing from $4,523.01 in 2012 to $7,041.18 in 2021. This upward trend suggests a potentially higher carrying cost for property owners, which could influence decisions for potential investors and homebuyers. This data might also imply escalating property values, although rising taxes could impact affordability. Insurance agents and appraisers may consider these trends when analyzing market risks and property valuations. Real estate professionals and those planning to build in the area will likely want to account for these higher costs in their financial planning.
Percentage of Farm Returns in Chautauqua County, NY Over the Last 10 Years
In Chautauqua County, New York, the percentage of farm tax returns has gradually declined over the past decade. Starting at 2.01% in 2012, the figure ticked up slightly to 2.05% in 2013 but showed a steady downward trend to 1.69% by 2021. Farm tax returns represent the portion of tax filings specifically from agricultural enterprises, often serving as an indicator of the health and presence of farming within the county. This trend could imply varying factors affecting the agricultural sector in the area, potentially influencing decisions for those interested in investing, building property, or engaging with the local farming community.
Number of Mortgages by Occupancy Type in Chautauqua County, NY Over the Last 5 Years in Chautauqua County
Over the past 5 years in Chautauqua County, New York, there's been an upward trend in mortgages for investment and secondary properties, with a notable spike in principal residences during 2021. Analyzing these shifts can be useful for investors and real estate agents to identify emerging market demands. Appraisers and insurance agents can also gauge how changing occupancy types might impact property values and risks. Increased investment properties suggest potential rental market growth, while fluctuating principal residence mortgages could reflect broader economic conditions influencing homeownership rates.
Economic Outlook
Chautauqua County, New York has been experiencing a steady increase in average taxable income per tax return over the past nine years, climbing from $43,757.58 in 2013 to about $58,163.36 in 2021, possibly indicating a strengthening local economy. However, this positive trend is counterbalanced by a significant rise in average state and local income taxes per tax return, which surged from $5,766.52 in 2012 to $16,511.97 by 2021, with a notable jump between 2017 and 2018. The average total tax... Read more
Average Taxable Income per Tax Return in Chautauqua County, NY over the last 9 years
Chautauqua County, New York has exhibited a steady rise in average taxable income per tax return over the last nine years. Starting at around $43,757.58 in 2013, the average income increased each year, peaking at approximately $58,163.36 in 2021. This upward trend, particularly notable in the consistent climb from 2017 onwards, could indicate a strengthening local economy, which might be attractive to potential investors, real estate developers, and those looking to relocate. Appraisers and insurance agents may also find this data relevant as it may influence property values and premiums.
Average State and Local Income Taxes Per Tax Return in Chautauqua County, NY Over the Last 10 Years
Chautauqua County, New York has seen a notable increase in average state and local income taxes per tax return over the past decade. From $5,766.52 in 2012, the average spiked to an impressive $16,511.97 by 2021. The most dramatic jump occurred between 2017 and 2018, where taxes per return rose from $6,834.70 to $10,248.23, reflecting significant fiscal and economic changes that could impact real estate investments and the cost of living. This trend may influence decisions for potential homebuyers, investors, and insurance agents due to the fluctuating tax landscape.
Average Total Tax Liability Per Tax Return in Chautauqua County, NY Over the Last 10 Years
Investors and those looking to build property in Chautauqua County, New York may note that the average total tax liability per tax return has shown an upward trend over the past decade. Starting at approximately $6,073.93 in 2012, the tax liability had a significant rise, peaking at around $7,734.94 in 2021. Real estate agents and appraisers might find this data relevant as it could indicate an increasing financial burden for residents, which may impact property valuations and market behaviors. For insurance agents, the evolving tax liabilities could inform risk assessments and policy pricing.
Cost of Living in Chautauqua County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,059 | $1,488 | $1,287 | $1,742 | $1,104 |
| 2 adults 3 children | $1,059 | $1,216 | $1,254 | $1,742 | $922 |
| 1 adult 4 children | $1,059 | $1,215 | $805 | $1,742 | $1,183 |
| 1 adult 3 children | $1,059 | $992 | $771 | $1,742 | $989 |
| 2 adults 2 children | $826 | $995 | $1,221 | $1,510 | $856 |
| 1 adult 2 children | $826 | $743 | $738 | $1,510 | $795 |
| 2 adults 1 child | $826 | $786 | $1,188 | $755 | $800 |
| 1 adult 1 child | $826 | $508 | $705 | $755 | $628 |
| 2 adults | $657 | $632 | $862 | $0 | $605 |
| 1 adult | $575 | $345 | $431 | $0 | $515 |
Safety trends & Data
Chautauqua County, New York, has seen fluctuating property crime rates over the past five years. Larceny-theft consistently leads among these crimes with yearly figures around the 500s. Burglary spiked in 2020 to 152 incidents but generally stays in the low hundreds. Vandalism reached a peak of 362 cases in 2021, while embezzlement and arson remained rare but showed minor increases in some years. This data is key for potential investors, property developers, and residents to assess risk and... Read more
Property Crime Trends in Chautauqua County, NY Over the Last 5 Years
Chautauqua County, New York, has experienced fluctuating rates in various property crimes over the past five years. Larceny-theft consistently remains the most prevalent issue, with numbers hovering around the 500s yearly. Burglary saw a spike in 2020 with 152 incidents but has generally stayed in the low hundreds. Vandalism maintained high levels too, peaking in 2021 with 362 cases. Embezzlement and arson have been relatively rare but saw minor increases in certain years. Potential investors, property developers, and residents might find this data crucial in assessing risk and making informed decisions.
Demographics
Chautauqua County, New York, showcases an almost even gender distribution with slightly more females than males in 2022. The educational attainment level indicates a large portion of the population has at least a high school diploma, but fewer residents hold higher education degrees such as bachelor's or graduate degrees. Age distribution reveals a considerable number of residents between 55 to 64 years, suggesting a potentially aging populace. The racial composition is predominantly White,... Read more
Race Distribution in Chautauqua County, New York (2022)
Educational Attainment in Chautauqua County, New York (2022)
Age Distribution in Chautauqua County, New York
Citizen Population in Chautauqua County, New York (2022)
Political Trends & Data
Chautauqua County in New York leaned predominantly Republican in the 2020 U.S. Presidential Election, with nearly 58.00% of the vote, potentially indicating a conservative voter base. Democrats captured close to 39.00% of the vote, showing a significant but smaller presence. Minor parties, including the Libertarian and Green parties, garnered minimal support, suggesting a limited appeal for third-party candidates in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Chautauqua County in New York leaned predominantly Republican in the 2020 U.S. Presidential Election, with nearly 58% of the vote, potentially indicating a conservative voter base. Democrats captured close to 39% of the vote, showing a significant but smaller presence. Minor parties, including the Libertarian and Green parties, garnered minimal support, suggesting a limited appeal for third-party candidates in this area.
58.31% of voters voted for the Republican party in the 2020 Presidential Election
38.63% of voters voted for the Democrat party in the 2020 Presidential Election
1.26% of voters voted for the Livertarian party in the 2020 Presidential Election
0.34% of voters voted for the Green party in the 2020 Presidential Election
1.46% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Chautauqua County, New York has steadily declined over the past decade, dropping from around twelve in 2014 to just over ten in 2023. With the national average at fourteen, this favorable ratio could appeal to education-focused families and suggests a robust demand for teachers. This trend may enhance Chautauqua County's attractiveness for real estate, signaling strong educational support and potential for... Read more
Student-to-teacher ratio in Chautauqua County, New York over the last 10 years
The student-to-teacher ratio in Chautauqua County, New York has seen a steady decline over the past decade, moving from around twelve in 2014 to just over ten in 2023. Comparing this with the national average of fourteen students per teacher, Chautauqua County offers a more favorable learning environment that may appeal to families prioritizing education. This lower ratio might also indicate potential demand for teachers and a supportive educational infrastructure, making it an attractive point for real estate agents, investors, and those considering moving to the area.
