Schuyler County Real Estate and Livability Trends
Schuyler County, New York has witnessed steady growth in average taxable income per tax return coupled with rising state and local income taxes since 2013, indicating a potentially robust local economy that may attract new investments and real estate development. Median home values have surged to $151,100 in 2022 from $108,500 in 2015, positioning Schuyler County as a budget-friendly alternative... Read more
Schuyler County Market Trends
Schuyler County, New York, has experienced a steady increase in median home values, reaching $151,100 in 2022 from $108,500 in 2015, positioning it as a budget-friendly alternative to the broader New York State and national markets. Residential energy tax credits have fluctuated, with a significant peak in 2018, possibly indicating heightened investment in energy-efficient upgrades. Average real... Read more
Median Value of Occupied Housing Units in Schuyler County, New York Over the Last 8 Years
Schuyler County, New York, has shown a fairly steady increase in median home values over the past eight years, reaching $151,100 in 2022 from $108,500 in 2015. While this growth might be appealing, it's essential to note that the county's values are still significantly below both the state median of $384,100 and the national median of $179,400 as of 2022. This means potential buyers or investors might find Schuyler County a more affordable option with room for appreciation compared to the broader New York State and the overall U.S. markets.
Residential Energy Tax Credit Per Tax Return in Schuyler County, NY Over the Last 9 Years
Over the past nine years, Schuyler County, New York, has seen significant fluctuations in residential energy tax credits claimed per tax return. In particular, 2018 saw a notable spike to $3,850.00, which could potentially indicate substantial investments in energy-efficient upgrades or renewable energy installations during that year. Generally, the credits have varied widely, from lows around $520.83 to highs over $1,611.11 in other years, reflecting changing patterns in energy efficiency measures and possibly state or federal incentive programs. This data might suggest opportunities for investors and homeowners interested in energy-efficient properties, as well as for appraisers and insurance agents who may need to consider these upgrades in their valuations and policies.
Average Real Estate Taxes Per Tax Return in Schuyler County, NY Over the Last 10 Years
In Schuyler County, New York, the average real estate taxes per tax return have demonstrated a noticeable upward trend over the past decade. Starting at around $4,708.43 in 2012, the values steadily increased, reaching nearly $6,652.00 by 2021. The most significant jumps occurred between 2017 and 2018, from $5,760.92 to $6,494.12, and from 2019 to 2020. This trend could indicate rising property values or changes in local tax policies, making it a critical data point for investors, real estate agents, and potential residents who are aware of the evolving financial landscape in this New York county.
Percentage of Farm Returns in Schuyler County, NY Over the Last 10 Years
Farm tax returns in Schuyler County, New York, have hovered around roughly 3.50% to 3.90% over the past decade. Between 2012 and 2017, there was a gradual increase from 3.51% to nearly 3.90%, hinting at a possible growth in farm-related economic activities during these years. However, the period from 2018 to 2021 shows a minor downturn, with farm returns slightly dipping to around 3.34% in 2021. These percentages imply a stable yet slightly declining trend in agricultural profitability or activity, which might matter for investors or new residents considering the agricultural potential of the area. Farm tax returns generally reflect the financial health of farm operations, including profit margins and income, thus providing a gauge for assessing the viability of farming investments in the region.
Number of Mortgages by Occupancy Type in Schuyler County, NY Over the Last 5 Years in Schuyler County
In Schuyler County, New York, the number of mortgages for principal residences has consistently been higher compared to investment and second properties over the last five years, peaking at 683 in 2021. The lower numbers for investment and second residences could suggest a focus on residential stability over speculative properties, which can influence market dynamics and pricing. For investors, a smaller pool of rental homes might drive up demand and rental rates, while appraisers and insurance agents should consider these trends for accurate property valuations and risk assessments. For real estate agents and those looking to move, understanding these trends helps tailor strategies to market needs, and for developers, insights into occupancy types guide better planning for future projects.
Economic Outlook
Over the past nine years, Schuyler County, New York has seen a steady rise in average taxable income per tax return, climbing from $47,056.86 in 2013 to $62,129.14 in 2021. Concurrently, state and local income taxes have also increased, from $5,783.12 in 2012 to $8,016.67 in 2021, with a notable jump between 2017 and 2018. The average total tax liability per tax return has similarly surged, from $6,340.89 in 2012 to $8,388.72 in 2021, with marked peaks in 2017 and 2021. This combination of... Read more
Average Taxable Income per Tax Return in Schuyler County, NY over the last 9 years
Over the past nine years, Schuyler County, New York has witnessed a steady increase in the average taxable income per tax return, rising from approximately $47,056.86 in 2013 to about $62,129.14 in 2021. This upward trend suggests a growing economic stability and potentially increasing personal wealth in the area, factors that may interest real estate agents, potential investors, and insurance agents alike. The consistent growth in taxable income could make Schuyler County an attractive location for building new properties or moving in, potentially offering better financial prospects over time.
Average State and Local Income Taxes Per Tax Return in Schuyler County, NY Over the Last 10 Years
Schuyler County, New York, has seen a notable increase in average state and local income taxes per tax return over the past decade, with figures rising from around $5,783.12 in 2012 to $8,016.67 in 2021. A significant spike occurred between 2017 and 2018, where taxes jumped from roughly $6,357.62 to $8,953.57. This upward trend suggests a rising tax burden, which potential investors and property developers should consider when evaluating the financial landscape. For residents and those looking to move, higher taxes might reflect enhanced public services or increased property values, but it could also impact disposable income.
Average Total Tax Liability Per Tax Return in Schuyler County, NY Over the Last 10 Years
In Schuyler County, New York, the average total tax liability per tax return has shown a consistent upward trend over the past decade. From $6,340.89 in 2012 to $8,388.72 in 2021, the tax burden for residents has incrementally increased nearly every year, reflecting perhaps broader economic and policy changes. Notably, there was a significant jump in tax liability around 2017, with a sharp increase observed again in 2021. These trends may signal key shifts in the financial landscape, potentially influencing investment strategies, real estate market dynamics, and insurance considerations for both current and prospective residents.
Cost of Living in Schuyler County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,202 | $1,492 | $1,529 | $1,610 | $1,285 |
| 2 adults 3 children | $1,202 | $1,219 | $1,496 | $1,610 | $1,087 |
| 1 adult 4 children | $1,202 | $1,218 | $949 | $1,610 | $1,353 |
| 1 adult 3 children | $1,202 | $995 | $916 | $1,610 | $1,155 |
| 2 adults 2 children | $900 | $998 | $1,463 | $1,396 | $960 |
| 1 adult 2 children | $900 | $745 | $883 | $1,396 | $910 |
| 2 adults 1 child | $900 | $789 | $1,430 | $698 | $920 |
| 1 adult 1 child | $900 | $509 | $850 | $698 | $727 |
| 2 adults | $703 | $633 | $1,032 | $0 | $699 |
| 1 adult | $602 | $346 | $516 | $0 | $576 |
Safety trends & Data
Schuyler County, New York has shown noticeable fluctuations in property crime over the past five years. Burglary peaked in 2022 with 9 incidents, while larceny-theft, usually the most common crime, hit high counts in 2018 and 2022 with 28 and 26 incidents respectively. Interestingly, vandalism appears to be on the rise, reaching 16 incidents in 2022. Although fraud and motor vehicle theft remain consistently low, these crime patterns may impact decisions for potential investors, real estate... Read more
Property Crime Trends in Schuyler County, NY Over the Last 5 Years
Schuyler County, New York has experienced noticeable fluctuations in property crime over the past five years. Burglary incidents peaked in 2022 with 9 incidents, while larceny-theft, generally the most frequent crime, also saw highest counts in 2018 and 2022 with 28 and 26 incidents respectively. Vandalism seems to be on an uptick, reaching 16 incidents in 2022. Fraud and motor vehicle theft incidents are relatively low but consistent across the years. These trends can influence decisions for potential investors, real estate agents, and those considering moving to Schuyler County by indicating possible changes in community safety and security.
Demographics
Schuyler County, New York, reflects a modestly balanced gender split with 7,265 males and 7,081 females. The county's educational attainment shows a high proportion of residents holding high school diplomas (41.29%), and a significant number possessing some college education but no degree (23.09%). The age distribution leans towards an older demographic, with the largest cohorts being those aged 55 to 64 years (2,983) and 45 to 54 years (2,457). The racial makeup is predominantly White... Read more
Race Distribution in Schuyler County, New York (2022)
Educational Attainment in Schuyler County, New York (2022)
Age Distribution in Schuyler County, New York
Citizen Population in Schuyler County, New York (2022)
Political Trends & Data
Schuyler County, New York potentially showcases a largely conservative voter base based on the 2020 U.S. Presidential Election, where Republican candidates may have captured around 57% of the vote. Democratic votes trailed at approximately 40%, while third-party options like Libertarian and Green parties barely surpassed 1%. This distribution suggests a predominantly conservative leaning but with a hint of political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Schuyler County, New York, Republican candidates may have had a stronger showing in the 2020 U.S. Presidential Election, potentially capturing around 57% of the vote. Democratic candidates seem to have trailed with roughly 40%, while third-party options like the Libertarian and Green parties garnered minimal support, each barely surpassing 1%. This distribution might indicate a predominantly conservative voter base, though the presence of votes for various parties suggests a degree of political diversity.
57.36% of voters voted for the Republican party in the 2020 Presidential Election
39.83% of voters voted for the Democrat party in the 2020 Presidential Election
1.33% 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
0.96% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Schuyler County, New York has dropped from 14 students per teacher in 2014 to just below 11 in 2023. This decreasing trend, which remains consistently below the U.S. national average of 14 students per teacher, points to smaller class sizes and potentially improved educational quality. For investors, parents, and real estate agents, this could make the area more appealing for new residents. Appraisers and insurance agents might also find these ratios noteworthy... Read more
Student-to-teacher ratio in Schuyler County, New York over the last 10 years
The student-to-teacher ratio in Schuyler County, New York has generally decreased over the last ten years, dropping from 14 students per teacher in 2014 to just below 11 in 2023. This downward trend, staying consistently below the current U.S. national average of 14 students per teacher, suggests potential benefits for educational quality due to smaller class sizes. For investors, parents, and real estate agents, lower ratios could imply a more personalized educational experience, potentially increasing the area's attractiveness for new residents. Appraisers and insurance agents might find these ratios interesting as they could reflect local investments in educational infrastructure, impacting property values and risk assessments.
