Columbia County Real Estate and Livability Trends
Columbia County, New York, has witnessed a striking rise in taxable income per tax return, from around $62,648.66 in 2013 to $101,366.80 in 2021, potentially indicating a robust local economy or a wave of affluent residents. Concurrently, state and local income taxes have escalated notably, possibly affecting the cost of living and investment appeal. Meanwhile, median home values have surged to... Read more
Columbia County Market Trends
Over the past eight years in Columbia County, New York, median home values have climbed from $222,100 in 2015 to $283,700 in 2022, outpacing national growth but still trailing behind the New York State average of $384,100. Real estate tax burdens have also surged, from $6,507.00 in 2012 to a peak of $10,775.52 in 2021, potentially influencing property investment decisions. Residential energy tax... Read more
Median Value of Occupied Housing Units in Columbia County, New York Over the Last 8 Years
Over the past eight years, Columbia County, New York's housing market has seen a steady climb in median home values, jumping from $222,100 in 2015 to $283,700 in 2022. This local increase outpaces the national growth, where values went from $125,500 to $179,400 over the same period, but still falls below New York State's overall upward trend, culminating at $384,100 in 2022. For potential investors or homebuyers, this growth signals a robust market within Columbia County, potentially presenting lucrative opportunities compared to broader state averages while offering higher gains than the national average.
Residential Energy Tax Credit Per Tax Return in Columbia County, NY Over the Last 9 Years
Columbia County, New York has seen fluctuating residential energy tax credits per tax return over the past nine years. While 2013 started at $485.88, there was a peak in 2018 with an average credit of $4392.31. This suggests a significant focus on energy efficiency improvements or renewable energy investments during that time. 2021 saw a credit of $1779.03, which suggests ongoing, yet less aggressive, adoption of energy efficiency measures compared to previous years. For investors and real estate agents, these trends might indicate evolving property value impacts due to energy efficiency upgrades, while appraisers and insurance agents could view these credits as factors in risk assessments and valuation.
Average Real Estate Taxes Per Tax Return in Columbia County, NY Over the Last 10 Years
Over the last decade, Columbia County, New York has experienced a significant increase in average real estate taxes per tax return. From $6,507.00 in 2012, real estate taxes have gradually risen, peaking sharply at $10,775.52 in 2021. This notable upward trend could impact decisions for potential property investors, homeowners, or those looking to move into the area, signaling higher annual property-related expenses. Real estate agents, appraisers, and insurance agents might also find these figures pertinent as they reflect the growing financial obligations associated with property ownership in the county.
Percentage of Farm Returns in Columbia County, NY Over the Last 10 Years
The percentage of farm tax returns in Columbia County, New York has generally decreased over the last decade, starting from approximately 1.31% in 2012 to around 0.98% in 2021. Farm tax returns reflect the share of all tax returns reported by farms, indicating the economic health and relative size of the agricultural sector. This declining trend might suggest a shrinking farm economy or changes in agricultural profitability, potentially influencing decisions for those considering investments, property development, or relocation in the area.
Number of Mortgages by Occupancy Type in Columbia County, NY Over the Last 5 Years in Columbia County
In Columbia County, New York, the data over the past five years shows a relatively stable number of mortgages for investment properties and second residences, while principal residences fluctuate more noticeably. The peak in principal residence mortgages in 2021 suggests a potential increase in family-oriented migrations or a spike in local real estate interest. Such trends matter significantly for investors, real estate agents, and appraisers as they directly impact market demand, property values, and risk assessments. Particularly, insurance agents would note the higher concentration of principal residences as it implies a varying risk profile compared to areas with more investment or second properties. Understanding these shifts can also guide developers and those looking to build in strategizing their projects to align better with the market's needs.
Economic Outlook
Columbia County, New York, has seen a significant rise in taxable income per tax return over the past nine years, jumping from about $62,648.66 in 2013 to $101,366.80 in 2021. This sharp increase, especially in the last two years, might signal a burgeoning economy or an influx of higher-income residents. Additionally, state and local income taxes in the county have surged from $8,672.15 in 2012 to $29,997.75 in 2021, potentially impacting living costs and investment attractiveness. The county's... Read more
Average Taxable Income per Tax Return in Columbia County, NY over the last 9 years
Columbia County, New York has seen a notable increase in taxable income per tax return over the past nine years, with a rise from approximately $62,648.66 in 2013 to $101,366.80 in 2021. This steady growth trend appears to peak significantly in the last two years, with average incomes jumping from $82,233.81 in 2020 to over $100,000 in 2021. This might be indicative of a burgeoning economy or an influx of higher-income residents, making it an interesting prospect for real estate investments and property appraisals. For insurance agents, this upward trend may suggest a corresponding rise in property values and premiums. Those considering relocating to or investing in Columbia County may view this data as a positive economic signal.
Average State and Local Income Taxes Per Tax Return in Columbia County, NY Over the Last 10 Years
Over the past decade, Columbia County, New York, has seen a significant rise in average state and local income taxes per tax return. Starting at around $8,672.15 in 2012 and escalating sharply to approximately $29,997.75 in 2021, these increases might give potential investors and residents pause as they consider the tax landscape. Real estate agents, appraisers, and insurance agents should also take note of these trends, as the rising tax burden could impact the overall cost of living and investment attractiveness in the area.
Average Total Tax Liability Per Tax Return in Columbia County, NY Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Columbia County, New York has shown a general upward trend, increasing from approximately $10,200.13 in 2012 to about $19,676.97 in 2021. This steady climb, with notable jumps particularly from 2018 to 2021, may suggest rising incomes or changes in tax policies impacting residents. This could be of interest to those considering investment opportunities or property transactions, as the higher tax liabilities might reflect economic growth or changing demographics in the area.
Cost of Living in Columbia County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,392 | $1,597 | $1,462 | $1,902 | $1,561 |
2 adults 3 children | $1,392 | $1,304 | $1,429 | $1,902 | $1,314 |
1 adult 4 children | $1,392 | $1,304 | $909 | $1,902 | $1,631 |
1 adult 3 children | $1,392 | $1,065 | $876 | $1,902 | $1,422 |
2 adults 2 children | $1,107 | $1,068 | $1,396 | $1,651 | $1,123 |
1 adult 2 children | $1,107 | $798 | $843 | $1,651 | $1,138 |
2 adults 1 child | $1,107 | $844 | $1,363 | $837 | $1,029 |
1 adult 1 child | $1,107 | $545 | $809 | $837 | $873 |
2 adults | $952 | $678 | $985 | $0 | $800 |
1 adult | $913 | $370 | $492 | $0 | $672 |
Safety trends & Data
Columbia County, New York has seen notable fluctuations in property crime over the past five years. Larceny – Theft incidents dropped dramatically from 238.00 in 2018 to a low of 9.00 in 2021, then bounced back to 120.00 in 2022. Burglary arrests also varied, peaking at 36.00 in 2019 and falling to just 1.00 in 2021. Vandalism incidents decreased from 65.00 in 2018 to 11.00 in 2021, with a minor uptick afterward. These shifting dynamics suggest there's improvement in certain crime areas but... Read more
Property Crime Trends in Columbia County, NY Over the Last 5 Years
Property crime trends in Columbia County, New York over the past five years reveal fluctuations across various categories. Larceny – Theft consistently topped the list but saw a significant drop from 238.00 incidents in 2018 to a low of 9.00 in 2021 before climbing back to 120.00 in 2022. Burglary arrests varied widely, peaking at 36.00 in 2019 and dipping to just 1.00 in 2021. Vandalism also showed a noticeable decrease from 65.00 incidents in 2018 to 11.00 in 2021, followed by a slight rise. These trends suggest a potential improvement in certain crime types but underscore the need for continued vigilance and strategic investment in local law enforcement and community safety.
Demographics
In Columbia County, New York, demographic trends suggest a nearly balanced gender distribution with slightly more females than males. Educational attainment reveals a notable percentage of the population has a high school diploma or higher, with a significant number holding bachelor's and graduate degrees, which could imply a reasonably educated workforce. The age structure indicates a larger portion of the population is aging, particularly those aged 55 to 74 years, potentially affecting local... Read more
Race Distribution in Columbia County, New York (2022)
Educational Attainment in Columbia County, New York (2022)
Age Distribution in Columbia County, New York
Citizen Population in Columbia County, New York (2022)
Political Trends & Data
In Columbia County, New York, the 2020 U.S. Presidential Election results revealed a Democratic-leaning electorate, with about 57% of votes going to the Democratic Party and around 40% to Republicans. Smaller parties like the Libertarians and Greens garnered roughly 1% and 0.5% respectively, while non-major party candidates attracted about 1%. This distribution hints at a political landscape that heavily favors the Democratic Party but also shows modest interest in alternative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Columbia County, New York, the 2020 U.S. Presidential Election results leaned towards the Democratic Party, capturing approximately 57% of the vote. Republicans garnered around 40%, while smaller parties such as the Libertarians and the Greens managed close to 1% and 0.5%, respectively. The "Other" category also hovered near 1%, indicating some support for non-major party candidates. This distribution suggests a predominantly Democratic-leaning electorate with modest interest in alternative parties.
40.42% of voters voted for the Republican party in the 2020 Presidential Election
56.97% of voters voted for the Democrat party in the 2020 Presidential Election
1.00% of voters voted for the Livertarian party in the 2020 Presidential Election
0.52% of voters voted for the Green party in the 2020 Presidential Election
1.09% of voters voted for the Other party in the 2020 Presidential Election
School Data
Columbia County, New York has seen its student-to-teacher ratios decline from 11 students per teacher in 2014 to just below 10 by 2023. With the national average at 14, this could suggest more personalized learning experiences. Families thinking of relocating, education sector investors, and real estate agents might find this appealing due to the quality of education. Lower ratios could also influence property appraisals and insurance risk assessments, as educational quality often marks... Read more
Student-to-teacher ratio in Columbia County, New York over the last 10 years
Columbia County, New York has seen a consistent decline in student-to-teacher ratios over the past decade, starting from 11 students per teacher in 2014 to just below 10 by 2023. This trend suggests that classrooms are becoming less crowded when compared to the national average of 14 students per teacher, potentially leading to a more personalized learning experience. This could be particularly appealing for families considering a relocation, investors in the education sector, as well as real estate agents highlighting the quality of education in the area. Lower student-to-teacher ratios might also be significant for appraisors and insurance agents assessing property values and risks, as educational quality can be a key metric impacting community desirability.