Butler County Real Estate and Livability Trends
Butler County, Pennsylvania has witnessed a remarkable surge in average taxable income, climbing from roughly $68,035.83 in 2013 to $96,511.81 by 2021. Median home values have also jumped from $178,100 in 2015 to $258,500 in 2022, surpassing both state and national averages. While real estate taxes have nearly doubled, indicating market buoyancy, the student-to-teacher ratio has improved,... Read more
Butler County Market Trends
Butler County, Pennsylvania has seen a notable increase in median home values, rising from $178,100 in 2015 to $258,500 in 2022, outperforming both state and national growth rates. The residential energy tax credit per tax return shows significant fluctuations, with a dramatic spike to $3,075.00 in 2018 and another peak in 2021, indicating a heightened interest in energy-efficient home... Read more
Median Value of Occupied Housing Units in Butler County, Pennsylvania Over the Last 8 Years
Butler County, Pennsylvania has demonstrated an impressive surge in median home values over the past eight years, climbing from $178,100 in 2015 to $258,500 in 2022. This upward trend is notably more pronounced compared to both state and national figures. While Pennsylvania's median home values grew from $166,000 to $226,200 over the same period, and the national median rose from $125,500 to $179,400, Butler County's housing market appears more vibrant, potentially making it a more attractive option for investors, new residents, and builders eyeing steady appreciation rates.
Residential Energy Tax Credit Per Tax Return in Butler County, PA Over the Last 9 Years
In Butler County, Pennsylvania, the average residential energy tax credit per tax return has shown significant fluctuations over the past nine years. Notably, there was a dramatic spike in 2018, reaching $3,075.00, which is indicative of perhaps a policy change or increased awareness and investment in energy-efficient home improvements during that year. In contrast, the surrounding years saw more moderate, but generally increasing values, peaking again somewhat in 2021 at $968.29. For investors, real estate agents, and homeowners, this trend suggests a growing interest in energy efficiency among residents, possibly tied to both financial incentives and long-term savings on energy costs. This could be relevant for appraisors and insurance agents too, signaling a potential increase in property values associated with energy-efficient homes.
Average Real Estate Taxes Per Tax Return in Butler County, PA Over the Last 10 Years
Over the past decade, Butler County, Pennsylvania, has seen a notable rise in average real estate taxes per tax return, nearly doubling from $3,787.45 in 2012 to $5,935.54 in 2021. This upward trend indicates a growing real estate market, potentially appealing to investors seeking capital appreciation. For potential residents, the increase raises considerations for budgeting future living expenses. Real estate professionals might find this trajectory advantageous for leveraging market dynamics. Nonetheless, insurance agents and appraisers should note that higher property taxes may influence overall property valuation and insurance premium calculations.
Percentage of Farm Returns in Butler County, PA Over the Last 10 Years
Farm returns in Butler County, Pennsylvania have shown some decline over the last decade. In 2012, farm returns were at 0.89%, tapering off to 0.71% by 2021. This trend could imply a shrinking agricultural presence or reduced financial reporting from farms. Investors, property developers, and potential new residents might want to consider these patterns as they reflect possible changes in land use, local economy, and even community demographics. Lower farm returns might signal a shift from agricultural to other forms of land development, affecting the rural character and possibly enhancing property values for residential or commercial use.
Number of Mortgages by Occupancy Type in Butler County, PA Over the Last 5 Years in Butler County
Over the past five years in Butler County, Pennsylvania, there's been a noticeable fluctuation in mortgage counts, with principal residences consistently leading in volume. The data shows a spike in 2020 and 2021 for principal residence mortgages, peaking at around 14,776 in 2021, before dropping significantly to 9,657 in 2022. Investment properties saw a steadier trend, peaking at 384 mortgages in 2021. Understanding these shifts can offer vital insights for investors, real estate agents, appraisers, and others in the property market. Changes in occupancy types might indicate varying levels of market confidence or financial stability among local residents, issues that can impact property values, investment risk, and even insurance rates.
Economic Outlook
Butler County, Pennsylvania has seen a notable rise in average taxable income over the past nine years, increasing from approximately $68,035.83 in 2013 to about $96,511.81 by 2021. The county has also experienced a significant climb in average state and local income taxes, jumping from $6,267.16 in 2012 to $12,630.36 by 2021, with a sharp increase noted around 2018. Additionally, the average total tax liability per tax return grew from $12,104.55 in 2012 to $17,481.01 in 2021. These trends... Read more
Average Taxable Income per Tax Return in Butler County, PA over the last 9 years
Over the past nine years, Butler County, Pennsylvania has seen a steady rise in the average taxable income per tax return, jumping from approximately $68,035.83 in 2013 to about $96,511.81 by 2021. While there were slight fluctuations, the overall upward trend suggests economic strengthening. This could be attractive for investors or those considering relocation as it might imply a growing, financially stable community. Notably, the steep increase from 2020 to 2021 could indicate significant recent economic activities or policy changes affecting income levels.
Average State and Local Income Taxes Per Tax Return in Butler County, PA Over the Last 10 Years
Over the past decade, Butler County, Pennsylvania has seen a noticeable rise in average state and local income taxes per tax return. Starting around $6,267.16 in 2012, it climbed steadily to a significant peak of $12,630.36 by 2021. This sharp increase around 2018 marked a considerable escalation from previous years. This trend may be of interest to those looking to invest, build, or appraise real estate, as higher tax liabilities could influence property values and investment returns. Similarly, insurance agents and residents may need to factor in these rising costs when making financial plans.
Average Total Tax Liability Per Tax Return in Butler County, PA Over the Last 10 Years
In Butler County, Pennsylvania, the average total tax liability per tax return has generally increased over the past decade, reflecting potential income growth or adjustments in tax policies. Notably, the period from 2012 to 2021 saw the average liability rise from $12,104.55 to $17,481.01, with significant jumps around 2015 and a remarkable peak in 2021. This trend may hint at rising incomes or changes that potential investors, real estate agents, and insurance agents could find vital when assessing the fiscal health and economic appeal of the county.
Cost of Living in Butler County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,399 | $1,564 | $1,289 | $2,076 | $1,426 |
1 adult 4 children | $1,399 | $1,278 | $988 | $2,076 | $1,563 |
2 adults 3 children | $1,399 | $1,278 | $1,118 | $2,076 | $1,198 |
1 adult 3 children | $1,399 | $1,043 | $817 | $2,076 | $1,345 |
2 adults 2 children | $1,100 | $1,046 | $946 | $1,800 | $990 |
1 adult 2 children | $1,100 | $781 | $645 | $1,800 | $1,028 |
2 adults 1 child | $1,100 | $827 | $774 | $903 | $854 |
1 adult 1 child | $1,100 | $534 | $473 | $903 | $746 |
2 adults | $913 | $664 | $602 | $0 | $663 |
1 adult | $870 | $362 | $301 | $0 | $564 |
Safety trends & Data
Butler County, Pennsylvania's property crime data reveals significant fluctuations in various categories over the past five years. Larceny-theft incidents showed considerable volatility, peaking at 596 in 2018, plummeting to 35 in 2021, and climbing back to 353 in 2022. Burglary incidents also had a spike in 2018, but have generally decreased until 2022. Fraud rates have declined from 154 in 2018 to 53 in 2022, while motor vehicle theft saw a noticeable rise to 23 incidents in 2022. These... Read more
Property Crime Trends in Butler County, PA Over the Last 5 Years
Property crime in Butler County, Pennsylvania over the past five years reveals notable trends. Larceny-theft consistently leads in incidents, peaking at 596 in 2018 but demonstrating significant fluctuations, dropping to 35 by 2021 before rising to 353 in 2022. Meanwhile, burglary rates had a spike in 2018 with 51 incidents but overall showed a downward trend until 2022. Fraud incidents also saw a reduction, from 154 in 2018 down to 53 in 2022. Interestingly, motor vehicle theft remained relatively low until a noticeable increase to 23 incidents in 2022. Vandalism and embezzlement have remained relatively stable, with minor fluctuations. This data matters as it reflects changing security needs and could influence property values and insurance premiums for those considering investments or relocation to the area.
Demographics
Butler County, Pennsylvania's adult population is relatively balanced between men and women, though slightly more women are present. When it comes to education, most adults have a high school diploma, and a substantial number have pursued higher education, with a significant portion holding bachelor's and graduate degrees. The age distribution indicates a mature population, with notable clusters in both the younger and older segments, particularly ages 55-64 years. Racially, the population is... Read more
Race Distribution in Butler County, Pennsylvania (2022)
Educational Attainment in Butler County, Pennsylvania (2022)
Age Distribution in Butler County, Pennsylvania
Citizen Population in Butler County, Pennsylvania (2022)
Political Trends & Data
Butler County, Pennsylvania, exhibited a strong Republican preference in the 2020 U.S. Presidential Election, with over 65% of votes leaning conservative. Democrats garnered around 33%, and the Libertarian party claimed about 1%. The Green party did not register any significant support. This political landscape may reflect the area's dominant political tendencies and could provide insights into local priorities and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Butler County, Pennsylvania showed a significant lean towards the Republican party in the 2020 U.S. Presidential Election, with just over 65% of the vote, while Democrats received roughly 33%. The Libertarian party secured a small share at approximately 1%, and the Green party did not register any votes. This distribution could hint at the county's prevailing political attitudes and priorities.
65.63% of voters voted for the Republican party in the 2020 Presidential Election
33.10% of voters voted for the Democrat party in the 2020 Presidential Election
1.27% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Butler County, Pennsylvania has been declining since 2014, from 15 students per teacher to roughly 13 by 2023. This trend suggests potential improvements in education quality, which often attracts families and investors focused on better education standards. Notably, Butler County's current ratio of 13 is slightly better than the national average of 14, enhancing its... Read more
Student-to-teacher ratio in Butler County, Pennsylvania over the last 10 years
The student-to-teacher ratio in Butler County, Pennsylvania has generally trended downward from 2014 to 2023. Starting from 15 students per teacher in 2014, the ratio saw a gradual decline with minor fluctuations, settling around 14 by 2019. Recent years saw further decreases, reaching approximately 13 in 2023. This trend could potentially signal improvements in education quality, as lower student-to-teacher ratios are often associated with more individualized attention. It's also worth noting that Butler County's current ratio is slightly better than the national average of 14, which might be appealing to families and investors prioritizing education standards.