Delaware County Real Estate and Livability Trends
Delaware County, New York, has witnessed a notable increase in average taxable income per tax return, jumping from about $46,087.30 in 2013 to roughly $64,088.84 in 2021. Correspondingly, state and local income taxes surged from $5,832.07 in 2012 to $12,937.88 in 2021, hinting at rising incomes or tax rates. Median home values grew from $132,400 in 2015 to $160,400 in 2022, though this lags... Read more
Delaware County Market Trends
Median home values in Delaware County, New York, have risen from $132,400 in 2015 to $160,400 in 2022; while consistent, this growth lags behind the statewide surge. Residential energy tax credits spiked impressively in 2018 to $1,950.00 but remain elevated, underscoring a push towards energy efficiency. Average real estate taxes have climbed significantly over the last decade, from $4,690.89 in... Read more
Median Value of Occupied Housing Units in Delaware County, New York Over the Last 8 Years
Median home values in Delaware County, New York have seen a steady uptick over the past eight years, growing from $132,400 in 2015 to $160,400 in 2022. This local increase also reflects a broader upward trend seen across the nation, with national median values climbing from $125,500 to $179,400 in the same period. While Delaware County's growth appears consistent, it's notably outdone by the statewide trend in New York, where median home values surged from $283,400 to $384,100. Investors and potential homebuyers might find Delaware County an appealing choice, offering rising home values without the steep price levels seen statewide.
Residential Energy Tax Credit Per Tax Return in Delaware County, NY Over the Last 9 Years
Residential energy tax credits in Delaware County, New York have generally exhibited an upward trend over the past nine years. After a steady climb from $291.23 in 2013 to $493.33 in 2017, a notable spike occurred in 2018, hitting an average of $1950.00 per tax return. Although this peak didn't sustain, subsequent years still saw higher credits than earlier years, suggesting increased investment or incentives in energy-efficient upgrades. Such trends might indicate growing opportunities for real estate investors, appraisers, and builders focusing on energy efficiency, as well as insurance agents adjusting premiums accordingly. Potential movers may also find the emphasis on sustainable energy appealing.
Average Real Estate Taxes Per Tax Return in Delaware County, NY Over the Last 10 Years
Over the last decade, Delaware County, New York has experienced a noticeable increase in average real estate taxes per tax return, rising from approximately $4,690.89 in 2012 to around $7,144.87 by 2021. The trend shows a consistent escalation with a notable spike in 2018 and 2019 when taxes approached over $6,600. This steady increase in real estate taxes could potentially impact home affordability and attractiveness for new buyers or investors considering the area, while also influencing appraisals and insurance costs. Such tax trends may necessitate more thorough financial planning for current residents and anyone looking to develop property in this region.
Percentage of Farm Returns in Delaware County, NY Over the Last 10 Years
In Delaware County, New York, the percentage of farm tax returns over the last decade has generally varied between approximately 2.34% and 2.70%. These figures might suggest a relatively stable yet slightly declining trend in farming activity. Farm tax returns represent the number of tax filings specifically categorized under agricultural operations, and shifts in this metric can be indicative of broader economic trends in the region's agricultural sector. For prospective investors or potential residents, this trend might hint at subtle changes in farm productivity or interest in agricultural investments, making it a potentially pivotal factor to consider for those planning to build property, invest, or move to the area.
Number of Mortgages by Occupancy Type in Delaware County, NY Over the Last 5 Years in Delaware County
Delaware County, New York has seen fluctuating but significant changes in mortgage counts over the past five years, with the highest activity observed in principal residences compared to investment and second residences. A decline in mortgages for second residences since 2020 could suggest shifts in housing market preferences or financial constraints. For potential investors and real estate agents, understanding these trends can highlight emerging opportunities or emerging risks. Appraisers and insurance agents might find these patterns useful for assessing property values and risk profiles, whereas builders and those looking to move to the area can gauge demand and plan accordingly.
Economic Outlook
Delaware County, New York has seen a significant rise in average taxable income per tax return, climbing from about $46,087.30 in 2013 to roughly $64,088.84 in 2021. This trend hints at potential economic growth and a more affluent population over time. Contributing to this, state and local income taxes have also surged, from $5,832.07 in 2012 to $12,937.88 in 2021, indicating higher incomes or tax rates. The steady climb in total tax liability per tax return, reaching approximately $9,197.42... Read more
Average Taxable Income per Tax Return in Delaware County, NY over the last 9 years
Delaware County, New York, has seen a steady increase in average taxable income per tax return over the past nine years, moving from approximately $46,087.30 in 2013 to around $64,088.84 in 2021. This consistent upward trend highlights the county's potential economic growth and might suggest a more affluent population over time. Investors, real estate agents, and those looking to move to the area could find this trend promising, as rising incomes often indicate improving local economic conditions that can drive demand for housing and services. Appraisers and insurance agents might also find this data useful in assessing property values and risk calculations.
Average State and Local Income Taxes Per Tax Return in Delaware County, NY Over the Last 10 Years
Over the last decade, Delaware County, New York has seen a noticeable rise in average state and local income taxes per tax return. Starting at $5,832.07 in 2012, the amount peaked significantly to $12,937.88 by 2021. This upward trend suggests potential increases in income or tax rates impacting homeowners and investors in the area. Such financial shifts could influence decisions for those considering moving to, building property in, or assessing real estate in Delaware County.
Average Total Tax Liability Per Tax Return in Delaware County, NY Over the Last 10 Years
Over the past decade, Delaware County, New York has observed a noticeable increase in the average total tax liability per tax return, growing from approximately $6,111.66 in 2012 to around $9,197.42 in 2021. This steady uptick, especially in the last few years, could be notable for potential investors and real estate agents as it may suggest an upward economic trend or increasing property values in the area. Insurance agents and appraisers might want to consider these figures when evaluating premiums and property assessments. The rising tax liabilities could also be a signal for those looking to move to or build property in Delaware County to factor in the potential for higher long-term costs.
Cost of Living in Delaware County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,135 | $1,637 | $1,632 | $1,610 | $1,361 |
| 2 adults 3 children | $1,135 | $1,337 | $1,599 | $1,610 | $1,145 |
| 1 adult 4 children | $1,135 | $1,337 | $1,010 | $1,610 | $1,403 |
| 1 adult 3 children | $1,135 | $1,092 | $977 | $1,610 | $1,189 |
| 2 adults 2 children | $826 | $1,095 | $1,566 | $1,396 | $990 |
| 1 adult 2 children | $826 | $818 | $944 | $1,396 | $921 |
| 2 adults 1 child | $826 | $865 | $1,533 | $698 | $941 |
| 1 adult 1 child | $826 | $559 | $911 | $698 | $724 |
| 2 adults | $723 | $695 | $1,104 | $0 | $738 |
| 1 adult | $715 | $379 | $552 | $0 | $625 |
Safety trends & Data
Property crime in Delaware County, New York, shows a clear pattern with larceny-theft being the most prevalent, peaking at 114.0 incidents in 2019 but steadily declining since. Burglary incidents spiked to 31.0 in 2020 and then slightly decreased, while vandalism rates remain stable. Fraud and forgery rates fluctuate with no decisive trend, and arson rates are consistently low. These crime trends offer key insights for investors, homeowners, and professionals about the changing dynamics and... Read more
Property Crime Trends in Delaware County, NY Over the Last 4 Years
In Delaware County, New York, property crime trends over the past four years reveal some noteworthy patterns. Larceny-theft consistently dominates, peaking at 114.0 incidents in 2019 but showing a steady decline thereafter. Burglary rates fluctuate, with a significant rise to 31.0 in 2020, followed by a slight drop. Vandalism remains relatively stable but notable, while fraud and forgery incidents have seen variances with no clear upward or downward trend. Arson numbers stay low and sporadic. These trends provide valuable insights for potential investors, homeowners, and professionals operating within the county, particularly in understanding the evolving property crime landscape and its implications on property value and insurance premiums.
Demographics
Delaware County, New York, shows a relatively balanced gender distribution among its adult population with a slight male majority. Educational attainment indicates a significant portion of the population has completed high school, although fewer have pursued higher education, highlighting potential room for educational initiatives. Age-wise, the county has a sizable population in the 55-64 year range, suggesting possible growing needs for pre-retirement services. Racial demographics reveal a... Read more
Race Distribution in Delaware County, New York (2022)
Educational Attainment in Delaware County, New York (2022)
Age Distribution in Delaware County, New York
Citizen Population in Delaware County, New York (2022)
Political Trends & Data
In Delaware County, New York, the 2020 U.S. Presidential Election results reveal a possible Republican tilt, with about 58% of the vote. Meanwhile, Democrats garnered close to 40%, suggesting some, but lesser, support. Minor parties, including the Libertarians and Greens, captured minimal percentages, potentially indicating their limited sway. This minor party vote share might suggest that a small portion of the electorate is exploring alternatives to the major political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Delaware County, New York, the 2020 U.S. Presidential Election showed a potential leaning towards the Republican Party, with roughly 58% of the vote. The Democratic Party accounted for nearly 40%, suggesting some Democratic support is present but secondary. Minor parties like the Libertarian and Green parties garnered minimal percentages, possibly indicating limited influence. The small share of votes for other parties could hint at a fragment of the electorate looking for alternatives to the major parties.
58.02% of voters voted for the Republican party in the 2020 Presidential Election
39.62% of voters voted for the Democrat party in the 2020 Presidential Election
1.16% of voters voted for the Livertarian party in the 2020 Presidential Election
0.35% of voters voted for the Green party in the 2020 Presidential Election
0.85% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Delaware County, New York, the student-to-teacher ratio has remained consistently low over the last decade, ranging from nine to eleven students per instructor. This low ratio often translates to smaller class sizes, which can appeal to families and impact property values positively. Real estate agents can leverage this stability as a selling point for young families, while investors and construction professionals might see opportunities for educational infrastructure... Read more
Student-to-teacher ratio in Delaware County, New York over the last 10 years
Over the last decade, Delaware County in New York has consistently maintained a student-to-teacher ratio below the national average of fourteen students per teacher, fluctuating between nine and eleven students per instructor. Such a low ratio frequently indicates smaller class sizes, potentially facilitating a more personalized and engaging educational experience. This trend might be particularly appealing to families considering a move to the area, investors in educational infrastructure, or real estate agents marketing homes to young families. Additionally, insurance agents and appraisers could view the area's strong educational support as a positive factor when assessing property values. For those in the construction industry, the sustained low ratio may signal opportunities for building or upgrading educational facilities to accommodate potential demographic shifts.
