Clarion County Real Estate and Livability Trends
Clarion County, Pennsylvania has seen median home values grow from $107,100 in 2015 to $143,300 in 2022, suggesting more affordable real estate compared to state and national trends. Concurrently, the rise in residential energy tax credits from $274.42 in 2013 to $695.00 in 2020 points to increased energy-efficient upgrades. However, notable fluctuations in mortgage originations and stable farm... Read more
Clarion County Market Trends
Over the last eight years, median home values in Clarion County, Pennsylvania, have grown from $107,100 in 2015 to $143,300 in 2022. Despite this increase, it still trails state and national trends, suggesting that Clarion County might offer more affordable investment opportunities. An interesting takeaway is the significant rise in residential energy tax credits per tax return, from... Read more
Median Value of Occupied Housing Units in Clarion County, Pennsylvania Over the Last 8 Years
Over the last 8 years, median home values in Clarion County, Pennsylvania, have seen a steady increase from $107,100 in 2015 to $143,300 in 2022. This local growth, while significant, still lags behind state and national trends; Pennsylvania's median home values rose from $166,000 to $226,200, and the national figures jumped from $125,500 to $179,400 during the same period. For investors and prospective homeowners, Clarion County may offer relatively affordable opportunities compared to broader markets, suggesting potential for growth in a less saturated environment.
Residential Energy Tax Credit Per Tax Return in Clarion County, PA Over the Last 8 Years
Clarion County, Pennsylvania has seen a noteworthy increase in residential energy tax credits per tax return over the past eight years. Beginning at approximately $274.42 in 2013, there is a general upward trend, peaking at $695.00 in 2020. This statistic suggests a growing investment in energy-efficient home improvements, an important signal for potential investors, real estate agents, and insurance agents. The rising credits could indicate both increased home value and reduced energy costs, appealing particularly to those looking to enhance property sustainability and lower long-term expenses.
Average Real Estate Taxes Per Tax Return in Clarion County, PA Over the Last 10 Years
Clarion County, Pennsylvania has seen a noticeable increase in average real estate taxes per tax return over the last decade. Starting at around $2,417.73 in 2012, the figure gradually rose to $4,036.00 by 2021. While there was a marked spike in 2018 up to $3,661.76 and another in 2019 reaching $4,106.90, the overall upward trend suggests growing property values and possibly increased local tax rates. This trend could impact decisions for potential investors, property builders, or real estate professionals keen on understanding property tax implications in the area.
Percentage of Farm Returns in Clarion County, PA Over the Last 10 Years
Farm tax returns in Clarion County, Pennsylvania have shown subtle fluctuations over the last decade, hovering around the 2.5% to 2.8% mark. This metric can provide a nuanced view of the county's agricultural economic health. Investors and newcomers might find these trends indicative of a stable yet modest agricultural presence, which is mirrored in the relatively consistent tax return percentages. For those considering building or investing, understanding that the agricultural sector is neither booming nor declining sharply could signal a low-risk environment for such endeavors.
Number of Mortgages by Occupancy Type in Clarion County, PA Over the Last 5 Years in Clarion County
Clarion County, Pennsylvania has seen a fluctuating market for mortgage originations across all occupancy types over the past five years. Principal residences dominate with the highest count, peaking at 918 in 2021 but dropping sharply to 677 in 2022. Investment properties and second residences have much lower numbers, with slight variations year-over-year. These changes in occupancy type can indicate shifting market dynamics, potentially influencing everything from property values and rental market strength to insurance and appraisal needs. Investors and those considering moving here should particularly note the trends in principal residences, as a decline might reflect broader economic factors or a cooling of local demand.
Economic Outlook
Clarion County, Pennsylvania has experienced a steady rise in average taxable income per tax return, growing from $44,876.21 in 2013 to $60,688.13 by 2021, potentially reflecting economic health and attractiveness for investors. Concurrently, average state and local income taxes per return surged from $5,274.47 in 2017 to $8,104.00 in 2021, suggesting economic growth, changing tax policies, or demographic shifts. Additionally, total tax liability per return increased to $8,218.20 by 2021,... Read more
Average Taxable Income per Tax Return in Clarion County, PA over the last 9 years
Over the past nine years, Clarion County, Pennsylvania has seen a steady increase in average taxable income per tax return. Starting at $44,876.21 in 2013, this figure rose incrementally each year, reaching $60,688.13 by 2021. This upward trend signals a potential boost in economic health and attractiveness for investors, while also indicating possible inflation adjustments or income growth. For real estate agents, appraisers, and buyers, increased average taxable income can imply a stronger housing market with possibly rising property values. Additionally, insurers might view this as a sign of growing affluence and stability in the area.
Average State and Local Income Taxes Per Tax Return in Clarion County, PA Over the Last 10 Years
Clarion County, Pennsylvania has seen a significant increase in average state and local income taxes per tax return over the past decade. From a steady progression in the early 2010s, taxes surged notably from $5,274.47 in 2017 to $7,767.74 in 2018, continuing upwards to $8,104.00 in 2021. This trend could suggest economic growth, changing tax policies, or demographic shifts influencing taxable income, making it a valuable insight for investors, prospective residents, and real estate professionals considering this region.
Average Total Tax Liability Per Tax Return in Clarion County, PA Over the Last 10 Years
Over the past decade, Clarion County, Pennsylvania has seen a general increase in average total tax liability per tax return, with notable fluctuations. From 2012 to 2017, the liability gradually grew from approximately $6,503.01 to around $7,077.96, followed by a slight dip in the following two years. The sharp rise to $8,218.20 in 2021 may indicate recent economic changes or tax policy shifts that potential investors and property developers should consider. This trend could impact real estate prices and living costs, making it relevant for those eyeing opportunities in the region.
Cost of Living in Clarion County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $999 | $1,375 | $1,576 | $1,478 | $1,034 |
| 1 adult 4 children | $999 | $1,123 | $1,200 | $1,478 | $1,116 |
| 2 adults 3 children | $999 | $1,124 | $1,370 | $1,478 | $852 |
| 1 adult 3 children | $999 | $917 | $994 | $1,478 | $904 |
| 2 adults 2 children | $821 | $920 | $1,164 | $1,281 | $782 |
| 1 adult 2 children | $821 | $687 | $788 | $1,281 | $704 |
| 2 adults 1 child | $821 | $727 | $958 | $641 | $694 |
| 1 adult 1 child | $821 | $470 | $582 | $641 | $582 |
| 2 adults | $687 | $584 | $751 | $0 | $585 |
| 1 adult | $683 | $319 | $376 | $0 | $510 |
Safety trends & Data
Clarion County, Pennsylvania's property crime rates have seen noticeable fluctuations over the last five years, which could impact real estate valuations and insurance premiums. Larceny-theft spiked to 105 incidents in 2019, then dropped significantly to just 19 in 2020. Burglary reached a low of only 2 instances in 2020 but rebounded to 9 by 2022, while vandalism incidents remained relatively stable, fluctuating between 4 and 25 occurrences annually. These trends may guide investment... Read more
Property Crime Trends in Clarion County, PA Over the Last 5 Years
Over the last five years, Clarion County, Pennsylvania has experienced a marked fluctuation in property crime. While larceny-theft remained the most common crime, it showed a significant spike in 2019 with 105 incidents but dropped to 19 by 2020. Burglary saw a noteworthy low in 2020 with only 2 recorded instances, but bounced back to 9 in 2022. Vandalism incidents appear relatively stable, ranging between 4 and 25 occurrences yearly. This variability in crime rates can influence insurance premiums, real estate value assessments, and may guide investment decisions in the region.
Demographics
In Clarion County, Pennsylvania, the adult population is nearly balanced between males and females. Educationally, high school graduates make up the largest segment, with a notable proportion holding bachelor's and graduate degrees. Age distribution hints at an older demographic, particularly in the 55 and above cohort. Racially, the county is predominantly White, with minimal representation from other racial... Read more
Race Distribution in Clarion County, Pennsylvania (2022)
Educational Attainment in Clarion County, Pennsylvania (2022)
Age Distribution in Clarion County, Pennsylvania
Citizen Population in Clarion County, Pennsylvania (2022)
Political Trends & Data
In Clarion County, Pennsylvania, the 2020 U.S. Presidential Election showed a strong Republican preference, hinting at a solid conservative base. Democrats faced substantial challenges in gaining traction, and Libertarian votes were minimal. This trend could highlight broader electoral dynamics and regional political leanings in... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Clarion County, Pennsylvania, the 2020 U.S. Presidential Election saw a significant lean towards Republican support, potentially indicating a strong conservative base in the area. Democrats garnered much less support, possibly reflecting the challenges they face in appealing to the local electorate. Libertarian votes were minimal, suggesting limited traction for third-party candidates. This pattern might underscore broader electoral trends or regional political inclinations in Clarion.
74.79% of voters voted for the Republican party in the 2020 Presidential Election
24.00% of voters voted for the Democrat party in the 2020 Presidential Election
1.22% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Clarion County, Pennsylvania, has gradually decreased to 11 students per teacher in 2023, compared to highs around 13 students per teacher a decade ago. This trend surpasses the national average of 14 students per teacher, hinting at improved educational quality. For potential investors, homebuyers, and appraisers, this change might indicate an appealing, education-focused community, thereby potentially boosting local residential real estate... Read more
Student-to-teacher ratio in Clarion County, Pennsylvania over the last 10 years
Over the past 10 years, the student-to-teacher ratio in Clarion County, Pennsylvania, has gradually decreased, reaching a low of 11 students per teacher in 2023. This downward trend, from highs around 13 students per teacher, might suggest enhanced educational quality as the area outpaces the national average of 14 students per teacher. For those interested in investing, moving to, or even appraising property in Clarion County, this improvement could potentially boost the local real estate market, indicating a community that values education. Lower ratios also generally imply a more personalized educational experience, which may be particularly appealing for young families and could drive demand in the residential market. Additionally, insurance agents may find this data relevant, as it could factor into community risk assessments tied to youth education support services.
