Cameron County Real Estate and Livability Trends
The real estate market in Cameron County, Pennsylvania is seeing interesting shifts. Average taxable income per tax return has grown from $40,594.31 in 2013 to $51,421.27 in 2021, hinting at a possibly strengthening local economy that could attract investors. Median home values increased from $70,600 in 2015 to $85,900 in 2022, still remaining much lower than state and national medians,... Read more
Cameron County Market Trends
Cameron County, Pennsylvania has seen a steady rise in median home values, from $70,600 in 2015 to $85,900 in 2022, though it remains well below the state median of $226,200 and national median of $179,400. This could represent an appealing opportunity for those looking for more affordable housing options. Residential energy tax credits per tax return increased, peaking at $280.00 in 2016,... Read more
Median Value of Occupied Housing Units in Cameron County, Pennsylvania Over the Last 8 Years
Cameron County, Pennsylvania has seen a steady rise in median home values over the past eight years, increasing from $70,600 in 2015 to $85,900 in 2022. Although this growth is evident, it's important to note that Cameron County's home values remain significantly lower compared to both Pennsylvania's state median of $226,200 and the national median of $179,400 in 2022. This discrepancy presents a potentially attractive opportunity for investors or home buyers seeking affordability in a market where the cost of housing has not escalated as dramatically as in broader regions.
Residential Energy Tax Credit Per Tax Return in Cameron County, PA Over the Last 5 Years
Residential energy tax credits in Cameron County, Pennsylvania have fluctuated over the past five years, generally trending upwards. The average credit per tax return increased from $216.67 in 2013 to a peak of $280.00 in 2016 before moderating to $250.00 by 2020. This suggests a growing awareness and investment in energy-efficient home improvements. Investors and potential homeowners might see this as a sign of increasing value in properties with sustainable features, possibly influencing appraisals and insurance premiums favorably. For real estate agents and developers, this trend might indicate a market interest in energy-efficient homes, which could be a selling point.
Average Real Estate Taxes Per Tax Return in Cameron County, PA Over the Last 8 Years
Cameron County, Pennsylvania, shows a somewhat fluctuating trend in average real estate taxes over the past eight years. From a low point of $2,757.14 in 2014, the taxes per tax return have generally increased, peaking at $3,133.33 in 2019. This variability, with a noticeable rise after 2014, could point towards changing property values or adjustments in taxation policy. This trend may interest appraisers, real estate agents, and potential investors trying to understand the historical tax burden in the area.
Number of Mortgages by Occupancy Type in Cameron County, PA Over the Last 5 Years in Cameron County
In Cameron County, Pennsylvania, the mortgage trends for the past five years reveal fluctuations in the types of properties being financed. Principal Residence mortgages peaked in 2020 with 138 but varied year to year, whereas Investment Property mortgages show a general decline, dropping to a low of 3 in 2020. The number of Second Residence mortgages remained relatively stable, with minor variances. These shifts in occupancy type can signal changing market dynamics; for investors, a decrease in investment property mortgages might indicate a cooling market or shifting priorities, whereas for appraisers and insurance agents, understanding these trends could help them assess risk or property values accurately. Real estate agents and property developers might find these insights crucial for tailoring their strategies and identifying potential opportunities or upcoming market conditions.
Economic Outlook
Cameron County, Pennsylvania has experienced an upward trend in average taxable income per tax return, rising from $40,594.31 in 2013 to $51,421.27 in 2021. This possible growth in local income may suggest a strengthening economy, which can be appealing for investors and property developers looking at market potential. Meanwhile, state and local income taxes have shown fluctuating trends, peaking at $5,652.94 in 2015 and falling to $3,500.00 in 2019, which might influence cost of living... Read more
Average Taxable Income per Tax Return in Cameron County, PA over the last 9 years
Over the past nine years, Cameron County, Pennsylvania has seen a fluctuating but generally upward trend in the average taxable income per tax return. Starting at $40,594.31 in 2013, it dipped slightly in 2016, but rose steadily to reach $51,421.27 in 2021. This potential increase in average taxable income could be an attractive indicator for investors, property builders, and real estate agents, suggesting a possibly growing local economy and potentially increasing property values. Such trends may also influence appraisers and insurance agents who rely on economic indicators to gauge risk and value.
Average State and Local Income Taxes Per Tax Return in Cameron County, PA Over the Last 8 Years
Cameron County, Pennsylvania, has seen fluctuating average state and local income taxes per tax return over the past eight years, peaking at $5,652.94 in 2015 before dropping to $3,500.00 in 2019. Individuals considering moving to or investing in the area might find the variability notable. Real estate agents and appraisers may want to account for these tax trends when advising clients, as they could influence the overall cost of living and potentially affect property values in the county.
Average Total Tax Liability Per Tax Return in Cameron County, PA Over the Last 10 Years
In Cameron County, Pennsylvania, over the last decade, the average total tax liability per tax return has generally trended upwards, with some fluctuations. In 2012, the average was $5517.54, and it peaked in 2021 at $6803.70. The lowest point in recent years was 2020 at $5489.33, possibly reflecting the economic impact of the pandemic. This trend may be of interest to investors, real estate agents, and potential residents as it hints at underlying economic conditions and cost of living changes in the area. Additionally, it can be significant for appraisers and insurance agents when assessing property values and policy costs.
Cost of Living in Cameron County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $999 | $1,375 | $1,854 | $1,465 | $1,124 |
| 1 adult 4 children | $999 | $1,123 | $1,415 | $1,465 | $1,199 |
| 2 adults 3 children | $999 | $1,124 | $1,610 | $1,465 | $921 |
| 1 adult 3 children | $999 | $917 | $1,171 | $1,465 | $970 |
| 2 adults 2 children | $821 | $920 | $1,366 | $1,268 | $830 |
| 1 adult 2 children | $821 | $687 | $927 | $1,268 | $746 |
| 2 adults 1 child | $821 | $727 | $1,122 | $628 | $732 |
| 1 adult 1 child | $821 | $470 | $683 | $628 | $603 |
| 2 adults | $624 | $584 | $878 | $0 | $594 |
| 1 adult | $605 | $319 | $439 | $0 | $497 |
Safety trends & Data
Property crime trends in Cameron County, Pennsylvania indicate fluctuating statistics over the past four years, with larceny-theft incidents ranging from 2.00 to 6.00 arrests and peaking in 2018. Vandalism was moderate, peaking at 4.00 arrests in 2018 but decreasing to 2.00 by 2022. Motor vehicle thefts and fraud incidents were minor, hinting that more serious property crimes might be less common. This data could help investors, real estate agents, and potential residents evaluate safety trends... Read more
Property Crime Trends in Cameron County, PA Over the Last 4 Years
The property crime trends in Cameron County, Pennsylvania over the past four years reveal fluctuating statistics, which could indicate varying factors influencing crime rates. For example, larceny-theft incidents ranged from 2.0 to 6.0 arrests, peaking in 2018. Vandalism cases showed a moderate presence, with a peak of 4.0 arrests in 2018 but diminishing to 2.0 in 2022, suggesting a possible decrease in properties being targeted. Motor vehicle thefts and fraud incidents were relatively minor, showing that more serious property crimes might be less pervasive in this area. This data could guide investors, real estate agents, and potential residents to assess the area's safety trends comprehensively before making decisions.
Demographics
Cameron County, Pennsylvania, appears to have a nearly balanced gender ratio among adults, with a slight male majority. In terms of education, a substantial percentage of the population has at least a high school diploma, although higher education is less common. The age distribution skews older, suggesting a possibly aging population with a significant portion aged 45 and above. Racially, the county is predominantly White, with minimal representation from other racial groups. These trends... Read more
Race Distribution in Cameron County, Pennsylvania (2022)
Educational Attainment in Cameron County, Pennsylvania (2022)
Age Distribution in Cameron County, Pennsylvania
Citizen Population in Cameron County, Pennsylvania (2022)
Political Trends & Data
Cameron County, Pennsylvania's real estate market could possibly reflect its strong conservative leanings, with Republicans securing around 73% of the vote in the 2020 U.S. Presidential Election and Democrats capturing roughly 26%. An area with such political tendencies might see increased interest from buyers who prefer conservative communities, potentially impacting housing demand and, by extension, property values. This political landscape could shape resident demographics and influence... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Cameron County, Pennsylvania, showed a significant leaning towards the Republican Party in the 2020 U.S. Presidential Election, with Republicans possibly securing around 73% of the vote. Democrats, in comparison, garnered roughly 26%, and the Libertarian Party managed just under 2%. This distribution suggests a strong conservative preference in this region.
72.76% of voters voted for the Republican party in the 2020 Presidential Election
26.05% of voters voted for the Democrat party in the 2020 Presidential Election
1.19% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Student-to-teacher ratios in Cameron County, Pennsylvania, have seen a downward trend, now standing at about 11 students per teacher in 2023, below the national average of 14. This could mean more individualized attention for students, potentially enhancing the area's desirability for families and impacting property appraisals. Builders and real estate agents might use this data to emphasize educational benefits, while insurance agents might consider it when assessing premiums, pointing toward... Read more
Student-to-teacher ratio in Cameron County, Pennsylvania over the last 10 years
Student-to-teacher ratios in Cameron County, Pennsylvania have fluctuated over the last decade, showing a slight increase and decrease at various points. The latest figures show a downward trend, standing at approximately 11 students per teacher in 2023, which is noticeably below the US national average of 14 students per teacher. These trends could signal more individualized attention for students and potentially higher-quality education, making the area a promising consideration for families with school-aged children or for investors looking to venture into residential real estate. Additionally, lower ratios might influence property appraisals and whether insurance agents see a more stable community dynamic, potentially impacting premiums. Real estate agents and builders may find this data useful when highlighting the benefits of educational resources within the county.
