Orleans County Real Estate and Livability Trends
In Orleans County, New York, median home values have risen from $91,300 in 2015 to $122,200 by 2022, signaling a potential growth market despite these values being much lower than the state median. Average taxable income per return has climbed from $43,404.38 in 2013 to $56,308.46 in 2021, hinting at economic improvement. However, state and local taxes have also gone up significantly, with... Read more
Orleans County Market Trends
Orleans County, New York has seen a steady increase in median home values over the past eight years, with values climbing from $91,300 in 2015 to $122,200 in 2022. Despite this growth, values remain significantly lower than the state median, which soared from $283,400 to $384,100 in the same period. Fluctuations in residential energy tax credits, with a notable spike to $4,925.00 in 2018, suggest... Read more
Median Value of Occupied Housing Units in Orleans County, New York Over the Last 8 Years
Orleans County, New York has seen a steady increase in median home values over the past eight years, with values rising from $91,300 in 2015 to $122,200 in 2022. While this growth is encouraging for local homeowners and potential investors, it is important to note that these values are still significantly lower than the state median, which has climbed from $283,400 to $384,100 within the same timeframe. Nationally, the median home value also saw substantial growth, with values increasing from $125,500 in 2015 to $179,400 in 2022. This suggests that while Orleans County offers relatively affordable housing options, the rate of appreciation may be an attractive aspect for investment compared to broader state and national trends.
Residential Energy Tax Credit Per Tax Return in Orleans County, NY Over the Last 9 Years
Over the past nine years, Orleans County, New York has seen considerable fluctuations in the residential energy tax credit per tax return. Notably, 2018 experienced an unprecedented spike to $4,925.00, indicating perhaps significant energy-efficient upgrades or policy shifts. Other years showed varying levels, such as $1,062.96 in 2017 and $831.03 in 2019, but none reached the heights of 2018. Generally, the trend suggests that while there have been peaks and dips, the incentive for residential energy efficiency remains a valued aspect of local tax policy, which could be relevant for those considering energy-efficient investments in the area.
Average Real Estate Taxes Per Tax Return in Orleans County, NY Over the Last 10 Years
Over the last decade, Orleans County, New York, has seen a consistent rise in average real estate taxes per tax return, climbing from approximately $4,676.20 in 2012 to about $6,419.15 in 2021. The period between 2017 and 2019, in particular, shows a notable surge from $5,267.13 to $6,155.93, hinting at possible changes in property valuations or tax policies. This upward trend could be significant for potential investors and homeowners, suggesting increasing real estate values and potential property tax burdens.
Percentage of Farm Returns in Orleans County, NY Over the Last 10 Years
Farm tax returns in Orleans County, New York, reflect the proportion of tax documents filed by agricultural operations. Over the past decade, this percentage has shown a slight but steady decline, ranging from a high of 2.35% in 2012 to a low of 2.02% in 2020. This trend could indicate a gradual reduction in the number of active farms or shifts in the economic viability of farming in the area. For investors and property developers, these figures might signal evolving land use patterns and potential shifts in local economies. Future residents or those considering starting an agribusiness here might take note of these changes when planning long-term investments.
Number of Mortgages by Occupancy Type in Orleans County, NY Over the Last 5 Years in Orleans County
Over the past five years, Orleans County, New York has seen fluctuating trends in mortgage counts across different occupancy types. Principal residences consistently dominate the market, peaking at 1571 mortgages in 2021, potentially indicating stability in primary homeownership. Investment properties and second residences show more variability, with investment property mortgages hitting a low of 22 in 2020 and rebounding slightly to 54 in 2022, while second residences had a notable high of 66 mortgages in 2020 but plummeted to 34 in 2022. These changes in occupancy type distribution may impact property investments, as a high prevalence of principal residences suggests robust demand for long-term housing. For investors, the more volatile investment property data could signal fluctuating opportunities or risks. Real estate agents and appraisers can leverage this data to adjust strategies and property valuations, while insurance agents might need to tailor coverage options based on occupancy types and associated risks. For builders and those looking to move into the area, understanding these trends helps in aligning construction projects or home purchases with market demands. This data can help anyone with vested interests in Orleans County make more informed decisions.
Economic Outlook
In Orleans County, New York, average taxable income per tax return has shown a significant climb over nine years, from $43,404.38 in 2013 to $56,308.46 by 2021. This could signal economic growth and improved job prospects, drawing attention from investors and real estate developers. Meanwhile, average state and local income taxes per tax return have also risen from $4,544.60 in 2012 to $7,319.51 in 2021, suggesting potential higher tax obligations. Additionally, the total tax liability per tax... Read more
Average Taxable Income per Tax Return in Orleans County, NY over the last 9 years
Orleans County, New York has experienced a steady increase in average taxable income per tax return over the past nine years. Starting at $43,404.38 in 2013, the figure rose consistently, reaching $56,308.46 by 2021. This upward trajectory could be indicative of economic growth or positive shifts in employment opportunities within the county, making it an appealing prospect for investors, potential new residents, or those involved in real estate and property development.
Average State and Local Income Taxes Per Tax Return in Orleans County, NY Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Orleans County, New York have shown a noticeable upward trend, increasing from $4,544.60 in 2012 to $7,319.51 in 2021. This rise suggests that individuals and businesses considering a move or an investment in Orleans County should budget for progressively higher tax obligations. For property developers and real estate professionals, the growing tax rates could impact the profitability and attractiveness of future projects. Understanding these changes is critical for appraisers and insurance agents as they assess property values and insurance risks in a shifting financial landscape.
Average Total Tax Liability Per Tax Return in Orleans County, NY Over the Last 10 Years
Average total tax liability per tax return in Orleans County, New York has generally increased over the last decade, hinting at higher overall incomes or tax rates. Notably, there was a significant jump in 2021, reaching $6,904.70 compared to $5,326.75 in 2012. Prospective investors and property builders should consider the potential for increased financial burdens, while appraisers and insurance agents might see this data as indicative of rising property values. Real estate agents and residents may find this information useful for understanding the evolving economic landscape of the county.
Cost of Living in Orleans County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,196 | $1,416 | $1,278 | $2,007 | $1,313 |
| 2 adults 3 children | $1,196 | $1,156 | $1,241 | $2,007 | $1,119 |
| 1 adult 4 children | $1,196 | $1,156 | $807 | $2,007 | $1,443 |
| 1 adult 3 children | $1,196 | $944 | $770 | $2,007 | $1,248 |
| 2 adults 2 children | $983 | $947 | $1,205 | $1,749 | $1,006 |
| 1 adult 2 children | $983 | $707 | $734 | $1,749 | $1,027 |
| 2 adults 1 child | $983 | $748 | $1,168 | $910 | $928 |
| 1 adult 1 child | $983 | $483 | $697 | $910 | $785 |
| 2 adults | $787 | $601 | $839 | $0 | $684 |
| 1 adult | $695 | $328 | $419 | $0 | $570 |
Safety trends & Data
Orleans County, New York showcases notable fluctuations in property crime over the past four years. Larceny-Theft consistently tops the chart, ranging from 74.00 to 118.00 annually, raising concerns for residents and investors alike. Burglary incidents generally hover around the mid-20s, while Vandalism has decreased from 75.00 in 2018 to 59.00 in 2022. Motor Vehicle Theft remains notably low with minimal increases, suggesting stable vehicle security. Though Fraud and Forgery offenses are... Read more
Property Crime Trends in Orleans County, NY Over the Last 4 Years
Orleans County, New York has seen notable fluctuations in property crime over the past four years. Larceny-Theft consistently tops the chart with numbers ranging from 74.0 to 118.0 annually, indicating persistent challenges with theft. Burglary incidents display some variability, but generally hover around the mid-20s. A notable decrease in Vandalism from 75.0 in 2018 to 59.0 in 2022 may suggest improvements in community efforts or law enforcement. Motor Vehicle Theft remains relatively low with minimal increases, hinting at potentially stable vehicle security measures. Fraud and Forgery offenses are infrequent but present, highlighting the importance of vigilance regarding financial crimes. These trends provide valuable context for investors, real estate agents, and residents to understand the evolving landscape of property crime in the area.
Demographics
Orleans County, New York seems to have a near-equal gender split in its adult population, with slightly more males than females. Educational attainment levels indicate that a significant portion of the population holds a high school diploma or some college education, but there's a notable gap in those achieving higher degrees. Age distribution hints at an aging population, with a considerable segment over 55 years old. The county's racial composition is predominantly White, with small... Read more
Race Distribution in Orleans County, New York (2022)
Educational Attainment in Orleans County, New York (2022)
Age Distribution in Orleans County, New York
Citizen Population in Orleans County, New York (2022)
Political Trends & Data
In Orleans County, New York, the 2020 U.S. Presidential Election showed a significant lean towards the Republican party, capturing around 66% of the vote, while the Democratic party secured about 30%. The minor parties, like Libertarians and Greens, barely made a dent, totaling less than 2% combined. This conservative dominance might influence local political strategies and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Orleans County, New York, the 2020 U.S. Presidential Election saw a significant lean towards the Republican party, capturing approximately 66% of the vote. The Democratic party followed with around 30%, while minor parties like the Libertarians and Greens garnered minimal support, totaling less than 2% combined. This distribution could suggest a strong conservative presence in the area, potentially influencing local political strategies and policies.
66.21% of voters voted for the Republican party in the 2020 Presidential Election
30.51% of voters voted for the Democrat party in the 2020 Presidential Election
1.71% of voters voted for the Livertarian party in the 2020 Presidential Election
0.27% of voters voted for the Green party in the 2020 Presidential Election
1.30% of voters voted for the Other party in the 2020 Presidential Election
School Data
Orleans County, New York, has maintained a student-to-teacher ratio below the national average, fluctuating between 11 and 13 over the last decade. This lower ratio could appeal to families prioritizing personalized education, serving as a persuasive selling point for real estate agents. A stable, low ratio might also signal community investment in education, possibly attracting more residents and positively affecting property... Read more
Student-to-teacher ratio in Orleans County, New York over the last 10 years
Over the last decade, the student-to-teacher ratio in Orleans County, New York, has generally remained below the national average of 14 students per teacher, ranging from approximately 11 to 13. This lower ratio could be appealing for families considering moving to the area, as it potentially signifies more personalized attention for students. For real estate agents, this trend might be a selling point, indicating a favorable education environment. Appraisers and insurance agents could view these figures in the context of community investment in education. Overall, a stable and lower student-to-teacher ratio can suggest a potentially higher quality of education, which may attract more residents and impact property values positively.
