Rockland County Real Estate and Livability Trends
Rockland County, New York has seen a notable rise in average taxable income per tax return, climbing from $75,769.65 in 2013 to $111,180.55 in 2021, which might attract new residents and investors, potentially boosting property values. Home values have surged from $419,100 in 2015 to $528,900 in 2022, outpacing state and national averages. However, increased state and local income taxes and real... Read more
Rockland County Market Trends
Rockland County, New York, has seen its home values rise notably from $419,100 in 2015 to $528,900 in 2022, outpacing the state of New York and national averages, hinting at its growing attractiveness for investment and homeownership. Residential energy tax credit claims have fluctuated, peaking dramatically in 2018 at $3,029.03, potentially indicating incentives driving energy-efficient... Read more
Median Value of Occupied Housing Units in Rockland County, New York Over the Last 8 Years
Over the past eight years, Rockland County, New York has seen a steady increase in median home values, rising from $419,100 in 2015 to $528,900 in 2022. This growth outpaces both the state of New York and national averages, which saw values rise from $283,400 to $384,100 and $125,500 to $179,400, respectively. These figures suggest that Rockland County may be an increasingly attractive location for investors, developers, and potential homeowners looking for significant appreciation in property values.
Residential Energy Tax Credit Per Tax Return in Rockland County, NY Over the Last 9 Years
Rockland County, New York, has seen significant fluctuations in the average residential energy tax credit per tax return over the last nine years, reflecting dynamic investment in energy efficiency measures. Starting at around $393.38 in 2013, the average credit dramatically increased to a peak of $3029.03 in 2018, before stabilizing around the $1400-$1800 range in the subsequent years. This variability suggests a strong, albeit inconsistent, commitment to residential energy improvements, which may indicate attractive incentives for property developers and homeowners interested in energy-efficient upgrades. For real estate agents and investors, these trends could signal an evolving market prioritizing sustainability.
Average Real Estate Taxes Per Tax Return in Rockland County, NY Over the Last 10 Years
Over the past 10 years, Rockland County, New York, has seen a steady increase in average real estate taxes per tax return, starting at approximately $11,053.43 in 2012 and rising to around $14,186.40 by 2021. Noteworthy spikes occurred in 2017 and 2019, with values reaching $13,522.82 and $13,765.63, respectively. These upward trends could influence the financial planning for anyone considering property investments or relocation to the area, signaling potentially higher future tax liabilities. Real estate agents, appraisers, and insurance agents might find this pattern indicative of an increasing valuation or enhanced municipal services.
Percentage of Farm Returns in Rockland County, NY Over the Last 10 Years
Rockland County, New York has seen a generally downward trend in the percentage of farm tax returns over the past decade, beginning at approximately 0.034% in 2012 and dropping to around 0.022% in 2021. Farm tax returns, a measure of agricultural activity and profitability, have varied slightly year by year, with notable decreases in 2015, 2019, 2020, and 2021. This decline could suggest shifts in the local agricultural economy or changes in land use. For those considering investments or property development in the area, it may be insightful to explore these patterns further as they might impact land values and local economic conditions.
Number of Mortgages by Occupancy Type in Rockland County, NY Over the Last 5 Years in Rockland County
In Rockland County, New York, mortgage activity for principal residences has predominated over the last five years, peaking in 2021 with 15,409 counts before declining to 9,658 in 2022. Investment property mortgages surged in 2021 but have generally seen smaller volumes, while second residences consistently represent the smallest share. These shifts can impact market dynamics in various ways—investors might see fluctuating property values, while real estate agents and appraisers could recalibrate their strategies for these emerging trends. Changes in occupancy types could also influence local insurance rates and building strategies, particularly as demand patterns shift. For those looking to move to or already living in Rockland County, understanding these trends can provide a snapshot of local economic health and housing demand.
Economic Outlook
Rockland County, New York has experienced a notable rise in average taxable income per tax return over the past decade, surging from $75,769.65 in 2013 to $111,180.55 in 2021. This upward trend could attract new residents and investors, potentially increasing property values. Meanwhile, average state and local income taxes have significantly increased from $10,347.45 to $23,373.42, affecting overall cost of living. The percentage of residents living below the poverty line fell to 9.2% in 2019... Read more
Average Taxable Income per Tax Return in Rockland County, NY over the last 9 years
Rockland County, New York has seen a notable upward trend in average taxable income per tax return over the last nine years, growing from $75,769.65 in 2013 to $111,180.55 by 2021. The consistent increase, particularly a sharp rise observed in 2021, could indicate potential economic growth or changes in the socioeconomic profile of the area. These income trends might attract investors, real estate developers, and new residents looking for promising financial or lifestyle opportunities, while also potentially impacting property values and insurance assessments.
Average State and Local Income Taxes Per Tax Return in Rockland County, NY Over the Last 10 Years
Over the past decade, Rockland County, New York has seen a significant rise in average state and local income taxes paid per tax return, ballooning from around $10,347.45 in 2012 to approximately $23,373.42 by 2021. This upward trend, especially sharp from 2017 onwards, could indicate escalating income levels or increasing tax rates in the area. For anyone looking to invest, move, or build property in Rockland County, these figures suggest higher tax obligations which might affect overall cost of living and profitability calculations. Real estate agents, financial planners, and insurers should consider these figures when advising their clients or assessing risk profiles in the area.
Average Total Tax Liability Per Tax Return in Rockland County, NY Over the Last 10 Years
Over the past decade, Rockland County, New York, has experienced a steady increase in average total tax liability per tax return, rising from $16,085.79 in 2012 to $21,939.10 in 2021. This trend could suggest a broader economic growth, potentially signaling improved property values and a more affluent taxpayer base. For investors, real estate agents, and those considering moving to the area, this could point to promising opportunities and underlying fiscal health. However, it's also possible that the rising tax liabilities reflect increasing property taxes or higher local costs, which might impact long-term affordability and insurance considerations.
Cost of Living in Rockland County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $3,129 | $1,576 | $1,889 | $3,677 | $3,370 |
| 2 adults 3 children | $3,129 | $1,288 | $1,852 | $3,677 | $3,174 |
| 1 adult 4 children | $3,129 | $1,287 | $1,171 | $3,677 | $3,319 |
| 1 adult 3 children | $3,129 | $1,051 | $1,135 | $3,677 | $3,126 |
| 2 adults 2 children | $2,491 | $1,054 | $1,815 | $3,182 | $2,616 |
| 1 adult 2 children | $2,491 | $787 | $1,098 | $3,182 | $2,632 |
| 2 adults 1 child | $2,491 | $833 | $1,778 | $1,573 | $2,058 |
| 1 adult 1 child | $2,491 | $538 | $1,061 | $1,573 | $1,975 |
| 2 adults | $2,206 | $669 | $1,267 | $0 | $1,278 |
| 1 adult | $2,158 | $365 | $634 | $0 | $1,299 |
Safety trends & Data
Rockland County, New York, has seen fluctuating property crime trends over the past five years, with notable drops in larceny-theft and vandalism. Larceny-theft hit a high of 667 incidents in 2018 but has since declined, while vandalism decreased significantly from 216 cases in 2018 to just 104 in 2022. Motor vehicle theft and arson remain relatively low. These trends might hint at improved property crime management, making this data useful for real estate agents assessing neighborhood safety... Read more
Property Crime Trends in Rockland County, NY Over the Last 5 Years
Rockland County, New York, has witnessed fluctuating trends in property crimes over the last five years. Larceny-theft and vandalism are the most prevalent crimes, with larceny-theft peaking at 667 incidents in 2018 but dropping notably in subsequent years. Vandalism saw a significant reduction from 216 cases in 2018 to 104 in 2022, suggesting improved preventive measures or reporting changes. Motor vehicle theft and arson have remained relatively low, indicating these crimes may not be as significant a concern. For potential investors or residents, these trends may imply a gradual enhancement in the county's overall property crime management. Real estate agents and appraisers might also find this data valuable when evaluating property values and neighborhood safety to clients.
Demographics
Rockland County, New York, shows a slight edge in the female population over males. Educational attainment varies, with a significant portion holding at least a high school diploma, and notable percentages holding Bachelor's degrees or higher. Age distribution reveals a robust population of individuals under 10 years and a solid presence of those aged 55-64 years, indicating a potential demand for both early childhood services and services related to aging. The racial makeup is predominantly... Read more
Race Distribution in Rockland County, New York (2022)
Educational Attainment in Rockland County, New York (2022)
Age Distribution in Rockland County, New York
Citizen Population in Rockland County, New York (2022)
Political Trends & Data
Rockland County, New York, signals a politically diverse electorate with a slight Democratic tilt based on the 2020 U.S. Presidential Election results. The slim margin between Democrats and Republicans, supplemented by minor contributions from Libertarian, Green, and other parties, indicates broad political representation. This heterogeneous political landscape might influence local policies and community investments, potentially affecting real estate market dynamics in subtle but notable... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Rockland County, New York, showed a closely contested race in the 2020 U.S. Presidential Election, with Democrats seemingly leading by a slight margin over Republicans. The data suggests minor representations by Libertarian and Green parties, while votes categorized as "Other" also contributed to the mix. This indicates a politically diverse electorate, albeit tilted slightly towards the Democrat side.
48.35% of voters voted for the Republican party in the 2020 Presidential Election
50.07% of voters voted for the Democrat party in the 2020 Presidential Election
0.43% of voters voted for the Livertarian party in the 2020 Presidential Election
0.21% of voters voted for the Green party in the 2020 Presidential Election
0.94% of voters voted for the Other party in the 2020 Presidential Election
School Data
Rockland County, New York has seen its student-to-teacher ratio drop from about 14:1 in 2014 to around 11:1 in 2023. This decline, noteworthy against the national average of 14:1, could suggest enhanced personalized attention for students and thereby potentially elevate property values. For real estate investors and builders, the trend may signal increased desirability for families, suggesting a potential rise in housing demand. Appraisers and insurance agents might also find these insights... Read more
Student-to-teacher ratio in Rockland County, New York over the last 10 years
Over the past decade, Rockland County, New York has seen a notable decline in its student-to-teacher ratio, dropping from approximately 14 students per teacher in 2014 to around 11 in 2023. This trend is particularly significant when compared to the national average of 14 students per teacher. A lower student-to-teacher ratio could suggest more personalized attention for students, potentially boosting educational outcomes, which could impact property values positively. For investors, real estate agents, and builders, this could signal a more attractive location for families seeking quality education, thereby potentially increasing demand for housing. Conversely, appraisers and insurance agents may find these trends useful for assessing the area's desirability and associated risks.
