Adams County Real Estate and Livability Trends
Adams County, Pennsylvania has seen steady economic improvement, with average taxable income per tax return rising from $54,025.82 in 2013 to $73,976.33 in 2021. Home values have appreciated significantly, jumping from $193,100 in 2015 to $242,800 in 2022, even outpacing state and national trends. Real estate taxes have surged, suggesting higher property valuations and policy shifts, while the... Read more
Adams County Market Trends
Adams County, Pennsylvania, has experienced remarkable home value appreciation over the past eight years, climbing from $193,100 in 2015 to $242,800 in 2022, outpacing state and national trends. Real estate taxes have similarly surged, from $3,605.35 in 2012 to $5,259.73 in 2021, suggesting higher property valuations and possibly policy shifts. The percentage of farm returns has subtly decreased,... Read more
Median Value of Occupied Housing Units in Adams County, Pennsylvania Over the Last 8 Years
Adams County, Pennsylvania has experienced a consistent upward trajectory in median home values over the past eight years, rising from $193,100 in 2015 to $242,800 in 2022. This growth trend in Adams County surpasses both Pennsylvania's state averages and national averages, positioning the area as a potentially lucrative investment opportunity for real estate investors. The appreciation in Adams County is also indicative of a thriving local market, which could be appealing for homebuyers looking to capitalize on increasing property values while enjoying the county's lifestyle and amenities.
Residential Energy Tax Credit Per Tax Return in Adams County, PA Over the Last 9 Years
Adams County, Pennsylvania has seen fluctuating residential energy tax credits per tax return over the past nine years, with significant growth spikes in 2017 and 2018, peaking at $3,064.29 in 2018. Although the tax credit averages have varied, recent years have shown substantial increases compared to earlier years, such as 2020's $1,075.38 and 2021's $1,363.22. This trend suggests increased investment in energy efficiency improvements by residents, which could influence property values and insurance considerations, and may indicate a growing market for energy-efficient home features.
Average Real Estate Taxes Per Tax Return in Adams County, PA Over the Last 10 Years
Over the last decade, Adams County, Pennsylvania, has experienced a notable increase in real estate taxes per tax return, climbing from approximately $3,605.35 in 2012 to around $5,259.73 in 2021. Post-2017, there's been a more pronounced uptick, with 2018 marking a significant jump to $5,094.31, suggesting potential policy changes or reassessments. This upward trend could imply increased property values, influencing decisions for investors, potential residents, and financial evaluators, and highlights the importance of thorough appraisal and insurance assessment for current and future property owners.
Percentage of Farm Returns in Adams County, PA Over the Last 10 Years
Farm returns in Adams County, Pennsylvania have shown a slight but consistent decline over the last decade. Starting at 1.77% in 2012, the percentage dropped to approximately 1.54% by 2021. Investors might interpret this trend as reflecting broader changes in agricultural profitability or land use in the area. Farmland owners considering entering or exiting the market should note these subtle shifts, as they could influence property values and the economic landscape. Understanding these figures is key for potential buyers or developers looking to capitalize on local agricultural trends.
Number of Mortgages by Occupancy Type in Adams County, PA Over the Last 5 Years in Adams County
Adams County, Pennsylvania has shown fluctuating mortgage trends in different occupancy types over the past five years, with a noticeable predominance of principal residence mortgages. For potential investors, the relatively stable but lower numbers of investment property mortgages may suggest a less competitive but also a less opportunistic market. Homebuilders and real estate agents might find it insightful that second residences consistently hold minimal mortgage counts, indicating a low demand for vacation homes or secondary properties in the area. Appraisers and insurance agents should note the significant variations in principal residence mortgages, as these trends could influence property values and insurance risks. Observing occupancy type changes helps stakeholders better gauge the desirability, investment potential, and overall dynamics of the housing market in Adams County.
Economic Outlook
Adams County, Pennsylvania has seen a rising trend in average taxable income per tax return, increasing from approximately $54,025.82 in 2013 to around $73,976.33 in 2021. State and local income taxes have nearly doubled over the past decade, jumping from $4,737.97 in 2012 to $9,076.19 in 2021, with a sharp rise since 2018. Total tax liability per tax return has similarly increased from $7,980.42 in 2012 to $11,064.92 in 2021. These trends suggest an improving economic climate, higher property... Read more
Average Taxable Income per Tax Return in Adams County, PA over the last 9 years
Over the past nine years, Adams County, Pennsylvania, has seen a general increase in the average taxable income per tax return, with figures rising from approximately $54,025.82 in 2013 to around $73,976.33 in 2021. This upward trend indicates a potential improvement in economic conditions and could signify a lucrative environment for investments and real estate development. For appraisers and insurance agents, these figures may suggest higher property valuations and potentially greater insured values. Similarly, those considering moving to the area might find the growing taxable income per return indicative of an economically vibrant community.
Average State and Local Income Taxes Per Tax Return in Adams County, PA Over the Last 10 Years
Over the past decade, Adams County, Pennsylvania has seen a notable upward trend in state and local income taxes per tax return, nearly doubling from $4,737.97 in 2012 to $9,076.19 in 2021. This significant increase, particularly the sharp rise from 2018 onwards, suggests a stronger local economy but also reflects higher fiscal demands on residents. For investors, appraisers, and real estate agents, this could indicate rising property values and possibly an expanding local market, while those considering moving or building in the county should factor in these escalating tax rates.
Average Total Tax Liability Per Tax Return in Adams County, PA Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Adams County, Pennsylvania has shown a general upward trend, with notable increases in recent years. From $7,980.42 in 2012 to $11,064.92 in 2021, the data suggests that local tax burdens have generally increased. This is particularly relevant for potential investors, homebuyers, and real estate professionals who may need to consider the evolving financial landscape. Appraisers and insurance agents might also find these trends indicative of broader economic shifts in the area.
Cost of Living in Adams County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,483 | $1,504 | $1,876 | $1,884 | $1,604 |
| 1 adult 4 children | $1,483 | $1,228 | $1,441 | $1,884 | $1,707 |
| 2 adults 3 children | $1,483 | $1,229 | $1,624 | $1,884 | $1,338 |
| 1 adult 3 children | $1,483 | $1,003 | $1,190 | $1,884 | $1,463 |
| 2 adults 2 children | $1,117 | $1,006 | $1,372 | $1,640 | $1,066 |
| 1 adult 2 children | $1,117 | $751 | $938 | $1,640 | $1,092 |
| 2 adults 1 child | $1,117 | $795 | $1,120 | $846 | $931 |
| 1 adult 1 child | $1,117 | $513 | $686 | $846 | $800 |
| 2 adults | $917 | $639 | $869 | $0 | $730 |
| 1 adult | $747 | $348 | $434 | $0 | $562 |
Safety trends & Data
Adams County, Pennsylvania, has shown varying property crime trends over the last five years. Larceny-theft surged to 118.00 cases in 2022 after dipping in 2020, while motor vehicle thefts also increased to 17.00 cases in 2022 from single digits in prior years. Burglary incidents dropped significantly in 2020 but have remained inconsistent since. Vandalism and fraud cases fluctuated without a clear pattern. These crime trends could influence decisions for investors, real estate agents, and... Read more
Property Crime Trends in Adams County, PA Over the Last 5 Years
Adams County, Pennsylvania, has seen shifting property crime trends over the past five years, with notable fluctuations in specific categories. Larceny-theft remains the most frequent, spiking to 118.00 cases in 2022 after a decrease in 2020. Burglary incidents dropped significantly in 2020 but showed inconsistent trends thereafter. Motor vehicle thefts were notably higher in 2022 at 17.00 cases, compared to single digits in previous years. Vandalism and fraud cases have varied without a clear directional trend. These patterns might interest investors, real estate agents, and residents analyzing neighborhood safety and economic stability.
Demographics
In Adams County, Pennsylvania, the adult population sees a fairly even gender split, with a slightly higher number of females. Educational attainment indicates a strong preference for high school education, although a smaller yet significant portion has achieved bachelor's and graduate degrees. The age distribution leans towards middle-aged groups, particularly those aged 55 to 64. The racial composition is predominantly White, with other racial groups making up a relatively small portion of... Read more
Race Distribution in Adams County, Pennsylvania (2022)
Educational Attainment in Adams County, Pennsylvania (2022)
Age Distribution in Adams County, Pennsylvania
Citizen Population in Adams County, Pennsylvania (2022)
Political Trends & Data
Adams County, Pennsylvania demonstrated a notably strong Republican preference in the 2020 U.S. Presidential Election, with around 66.4% of votes favoring the Republican candidate. Democrats managed to secure roughly 32.2%, and Libertarians captured a small portion, over 1.4%. This voting pattern underscores a predominantly conservative demographic in the area, which could influence local policies and potentially sway real estate dynamics based on the area's political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Adams County, Pennsylvania leaned heavily Republican in the 2020 U.S. Presidential Election, with approximately 66.4% of votes going to the Republican party. Democrats garnered about 32.2%, while Libertarians possibly captured just over 1.4% of the vote. With no notable presence for the Green Party or other parties, this distribution hints at a predominantly conservative voter base in the county.
66.37% of voters voted for the Republican party in the 2020 Presidential Election
32.20% of voters voted for the Democrat party in the 2020 Presidential Election
1.43% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Adams County, Pennsylvania, has seen a steady decline in the student-to-teacher ratio, dropping from over 15 students per teacher in 2014 to under 13 in 2023. This trend could suggest better educational investment or demographic changes, making the area more attractive to families and education-focused investors. With the county’s ratio now below the national average of 14 students per teacher, the appeal of a more personalized educational experience may increase, potentially boosting... Read more
Student-to-teacher ratio in Adams County, Pennsylvania over the last 10 years
Adams County, Pennsylvania has shown a gradual decrease in the student-to-teacher ratio over the past decade, dropping from over 15 students per teacher in 2014 to under 13 in 2023. This trend may indicate improvements in educational investment or demographic shifts, offering potential appeal for families and education-focused investors. Compared to the national average of 14 students per teacher, Adams County's lower ratio could enhance the desirability for those seeking a more intimate educational environment. This development might influence decisions for appraisors, insurance agents, and real estate agents, signaling potential increases in property values and investment opportunities linked to school quality.
