Warren County Real Estate and Livability Trends
Warren County, New York's average taxable income per tax return has surged from $55,868.74 in 2013 to nearly $77,523.92 by 2021, signaling economic vitality that may appeal to investors and new residents. Median home values climbed from $189,700 in 2015 to $240,600 in 2022, outpacing national trends but trailing behind state averages. Real estate taxes per return have risen sharply, from... Read more
Warren County Market Trends
Warren County, New York, has seen median home values rise consistently from $189,700 in 2015 to $240,600 in 2022, outpacing national growth but lagging behind the state. Residential energy tax credits have fluctuated, spiking notably to $3,638.46 in 2018, hinting at possible incentives or policy changes. Real estate taxes per tax return have soared from approximately $5,376.30 in 2012 to... Read more
Median Value of Occupied Housing Units in Warren County, New York Over the Last 8 Years
Over the past eight years, the median home values in Warren County, New York have shown a consistent upward trend from $189,700 in 2015 to $240,600 in 2022. This local increase outpaces the national growth, which went from $125,500 to $179,400 during the same period but falls behind the state of New York, where values rose from $283,400 to $384,100. This data could suggest promising investment opportunities in Warren County, potentially offering more affordable options compared to the state median, yet reflecting robust growth that might appeal to investors and homebuyers alike.
Residential Energy Tax Credit Per Tax Return in Warren County, NY Over the Last 9 Years
Warren County, New York has seen fluctuations in residential energy tax credits per tax return over the past nine years, with a notable spike in 2018 to $3,638.46, suggesting potential major incentives or policy changes that year. Otherwise, the average credit amounts stayed around a few hundred dollars, peaking at $926.09 in 2017 and dropping back down to $785.25 by 2021. This variability might be of particular interest to investors and property developers gauging the consistency of tax incentives, as well as to appraisers and real estate agents considering the potential appeal of energy-efficient homes in the area.
Average Real Estate Taxes Per Tax Return in Warren County, NY Over the Last 10 Years
Over the past decade, Warren County, New York has seen a notable rise in average real estate taxes per tax return, starting at approximately $5,376.30 in 2012 and climbing to around $8,525.70 by 2021. While typical increases are expected, the sharp jump in 2018 and again in 2019 suggests a substantial shift, making this a critical factor for potential investors, appraisers, real estate agents, and current or prospective residents to consider when evaluating property expenses. The rate of increase may impact overall affordability and could potentially influence property values and market dynamics in the region.
Percentage of Farm Returns in Warren County, NY Over the Last 10 Years
Over the last decade, farm tax returns in Warren County, New York have shown some variability but generally stayed below 0.21%. These returns, which are essentially financial reports submitted by farmers to outline their earnings and expenses, can offer insights into the agricultural economy of the area. Although the figures are relatively low, slight peaks were seen in 2012 and 2020 with returns around 0.21% and 0.23% respectively. These trends might indicate modest growth periods or reflect the impact of broader economic conditions on farming activities. For investors or prospective residents, stable but modest farm returns could suggest a steady rural economy with potential for growth in agribusiness.
Number of Mortgages by Occupancy Type in Warren County, NY Over the Last 5 Years in Warren County
Warren County, New York, has seen varying trends in the number of mortgages based on occupancy type over the past five years. Principal residences consistently dominate the mortgage counts each year, peaking significantly in 2021 and 2020. Second residences and investment properties show much lower figures, with second residences having a notable increase in 2021. These occupancy trends could indicate shifts in local demand and market conditions, impacting potential property values and influencing insurance risks. Factors like these are crucial for investors, builders, appraisers, and real estate professionals to consider for strategic decision-making in the area.
Economic Outlook
Warren County, New York has experienced a consistent rise in average taxable income per tax return, from $55,868.74 in 2013 to nearly $77,523.92 by 2021. Such financial growth could be a selling point for real estate agents, reflecting a flourishing local economy that might attract investors and new residents. Additionally, state and local income taxes per return have significantly escalated, almost doubling over the past decade, reaching $17,469.57 in 2021. This could indicate shifts in tax... Read more
Average Taxable Income per Tax Return in Warren County, NY over the last 9 years
Over the last nine years, Warren County, New York has seen a steady increase in average taxable income per tax return, growing from approximately $55,868.74 in 2013 to around $77,523.92 in 2021. This trend could be indicative of a flourishing local economy, offering promising signals for potential investors and those considering moving to the area. Real estate agents might highlight this financial growth when marketing properties, while appraisers and insurance agents may need to factor in rising incomes when assessing values and premiums, respectively. This consistent upward trajectory might also appeal to developers assessing the viability of new projects within the county.
Average State and Local Income Taxes Per Tax Return in Warren County, NY Over the Last 10 Years
Over the past decade, Warren County, New York has seen a significant rise in average state and local income taxes per tax return, nearly doubling from around $7,430.64 in 2012 to $17,469.57 in 2021. This upward trend, particularly the sharp increases starting in 2018, signals possible changes in taxation policies or economic factors that might impact the decision-making of investors, developers, and residents. Understanding these dynamics can help potential buyers, insurance agents, appraisers, and real estate professionals make informed decisions about property investments and valuations in the area.
Average Total Tax Liability Per Tax Return in Warren County, NY Over the Last 10 Years
In Warren County, New York, the average total tax liability per tax return has shown a general upward trajectory over the past decade, with a marked increase particularly noticeable in 2021, reaching $12,694.71. This ascent might suggest a growing economic base or changes in tax structures that could impact potential returns on investments and appraisals. From 2012 to 2017, the tax liability increased moderately but surged significantly post-2019, implying possible economic shifts or increased property values that stakeholders, like real estate agents and insurance agents, should consider when assessing future trends in the county.
Cost of Living in Warren County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,503 | $1,572 | $1,453 | $2,574 | $1,839 |
| 2 adults 3 children | $1,503 | $1,285 | $1,417 | $2,574 | $1,613 |
| 1 adult 4 children | $1,503 | $1,284 | $912 | $2,574 | $1,943 |
| 1 adult 3 children | $1,503 | $1,049 | $875 | $2,574 | $1,755 |
| 2 adults 2 children | $1,159 | $1,052 | $1,380 | $2,251 | $1,329 |
| 1 adult 2 children | $1,159 | $785 | $838 | $2,251 | $1,390 |
| 2 adults 1 child | $1,159 | $831 | $1,343 | $1,199 | $1,117 |
| 1 adult 1 child | $1,159 | $537 | $801 | $1,199 | $987 |
| 2 adults | $928 | $668 | $962 | $0 | $751 |
| 1 adult | $818 | $364 | $481 | $0 | $629 |
Safety trends & Data
Warren County, New York, has seen fluctuating property crime trends over the past five years. Larceny-theft peaked at 254 incidents in 2022, and burglary rates doubled from 2021 to 2022, which might raise concerns for residents and investors. However, embezzlement and forgery remain minimal, suggesting lower risks of white-collar crime. The steady rates of vandalism and fraud do not indicate alarming growth. These trends could influence real estate valuations and insurance premiums, making... Read more
Property Crime Trends in Warren County, NY Over the Last 5 Years
Warren County, New York has shown some notable fluctuations in property crime over the past five years. Larceny-Theft has consistently been the most prevalent crime, peaking at 254 incidents in 2022. Burglary has seen a significant rise, doubling from 2021 to 2022, which could be a concern for residents and potential investors. Interestingly, instances of embezzlement and forgery remain minimal over the years, implying a lower risk in white-collar crime. Vandalism and fraud, while consistent, have not shown alarming growth trends. This nuanced landscape could impact real estate valuations and insurance premiums, making it crucial for stakeholders to consider the broader crime trends when assessing the viability and safety of investments in the area.
Demographics
Warren County, New York shows an adult population nearly balanced between males and females, though slightly more females reside there. There appears to be significant diversity in educational attainment, with the highest concentration of residents being high school graduates or holding some college education, while fewer individuals have advanced degrees. Age-wise, the population is somewhat evenly distributed across various age groups, with a noticeable proportion of residents in the 55 to 64... Read more
Race Distribution in Warren County, New York (2022)
Educational Attainment in Warren County, New York (2022)
Age Distribution in Warren County, New York
Citizen Population in Warren County, New York (2022)
Political Trends & Data
Warren County in New York saw a nearly even split between Republican and Democratic support in the 2020 Presidential Election, with Republicans leading slightly. Minor parties like the Libertarian and Green parties captured a smaller share of the votes, hinting at a competitive political scene and possibly a highly engaged voter... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Warren County in New York displayed nearly balanced support between the Republican and Democratic parties in the 2020 Presidential Election, with Republicans slightly edging out Democrats. Minor parties, including the Libertarian and Green parties along with other candidates, made up a relatively small portion of the votes. This close split could indicate a competitive political landscape and potentially a highly engaged electorate.
48.63% of voters voted for the Republican party in the 2020 Presidential Election
48.48% of voters voted for the Democrat party in the 2020 Presidential Election
1.17% of voters voted for the Livertarian party in the 2020 Presidential Election
0.56% of voters voted for the Green party in the 2020 Presidential Election
1.17% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Warren County, New York, the student-to-teacher ratio has declined over the past decade, from 12 in 2014 to approximately 10 recently, consistently staying below the national average of 14. This trend might appeal to families seeking quality education, as smaller class sizes often mean more personalized attention. For investors, this commitment to education could enhance property appeal, potentially increasing property values and presenting a lower risk profile compared to national... Read more
Student-to-teacher ratio in Warren County, New York over the last 10 years
In Warren County, New York, the student-to-teacher ratio has generally been on a decline over the past decade, from 12 in 2014 to approximately 10 in recent years. Notably, this county boasts ratios consistently lower than the national average of fourteen students per teacher. This could be a key consideration for families evaluating educational opportunities, as smaller class sizes may provide more personalized attention to students. For investors and real estate professionals, the lower ratios might reflect a community committed to investing in education, potentially making the area more attractive to prospective homebuyers prioritizing educational quality. Lower student-to-teacher ratios are often perceived by appraisers and insurance agents as indicative of higher property values and lower risk profiles, especially in comparison to national standards.
