Clearfield County Real Estate and Livability Trends
In Clearfield County, Pennsylvania, median home values surged 35.54% from $87,300 in 2015 to $118,300 in 2022, though still behind state and national averages. Income levels rose significantly, with the average taxable income per tax return jumping from $44,568.62 in 2013 to $59,585.73 by 2021, paralleled by an increase in local and state taxes. The poverty rate saw a notable decline, from a peak... Read more
Clearfield County Market Trends
Median home values in Clearfield County, Pennsylvania have grown 35.54% from $87,300 in 2015 to $118,300 in 2022, still trailing behind state and national averages. Real estate taxes have almost doubled within the past decade, hinting at increased property values and potential local tax policy changes—important for gauging future affordability and investment appeal. Notably, residential energy... Read more
Median Value of Occupied Housing Units in Clearfield County, Pennsylvania Over the Last 8 Years
Median home values in Clearfield County, Pennsylvania have experienced steady growth over the past eight years, increasing from $87,300 in 2015 to $118,300 in 2022. This 35.54% increase, while significant, still keeps the median value below both the state and national averages. Pennsylvania's median home value rose from $166,000 to $226,200, while the national median jumped from $125,500 to $179,400 over the same period. It's an interesting opportunity for investors or those looking to move, as Clearfield County's home values are rising but remain considerably more affordable compared to broader trends in Pennsylvania and nationwide.
Residential Energy Tax Credit Per Tax Return in Clearfield County, PA Over the Last 9 Years
Clearfield County, Pennsylvania has demonstrated considerable fluctuations in average residential energy tax credits per tax return over the past nine years. Notably, there was a significant spike in 2018, where values surged to $2,333.33, markedly higher than previous and subsequent years. Recent figures show an upward trend, with 2021 peaking at $820.45. These changes suggest varying degrees of investment or eligibility in energy-saving improvements, which could entice investors, appraisers, and real estate agents, reflecting broader shifts in sustainable living and potential financial incentives for property owners.
Average Real Estate Taxes Per Tax Return in Clearfield County, PA Over the Last 10 Years
Real estate taxes per tax return in Clearfield County, Pennsylvania have shown a notable upward trend over the past decade. Starting at approximately $2,511.59 in 2012, the average tax has almost doubled, reaching around $4,496.08 in 2021. This growth, particularly sharp from 2017 to 2018, likely reflects increasing property values and possibly changes in local tax policies. Higher real estate taxes can signal growing local wealth and infrastructure investments, which might attract new residents and investors but could also affect affordability.
Percentage of Farm Returns in Clearfield County, PA Over the Last 10 Years
Over the last decade, Clearfield County, Pennsylvania, has seen relatively stable but slightly fluctuating farm return percentages, generally hovering around 0.84% to 0.88%, with a dip to 0.78% in 2020. Farm tax returns, often linked to agricultural profitability and land use, can impact local economic planning, property values, and investment potentials. This consistent yet minor variability suggests a moderately steady agricultural economic environment, which is worth noting for prospective investors, developers, or anyone interested in rural community dynamics in Clearfield County.
Number of Mortgages by Occupancy Type in Clearfield County, PA Over the Last 5 Years in Clearfield County
Clearfield County, Pennsylvania shows a consistent preference for principal residences in its mortgage trends over the past five years, with investment properties and second residences trailing significantly. While principal residences saw fluctuations, peaking in 2021 with 3,140 mortgages, investment properties and second residences remained relatively stable yet low. For investors, these trends might indicate strong local demand for primary homes, potentially affecting rental investment returns. Real estate professionals and appraisers might find value fluctuations linked to these occupancy types, affecting property valuations and market dynamics. Understanding these patterns could be crucial for anyone looking to navigate the local real estate market effectively.
Economic Outlook
Over the past nine years, Clearfield County, Pennsylvania has seen average taxable income per tax return rise from approximately $44,568.62 in 2013 to $59,585.73 in 2021. Meanwhile, state and local income taxes per tax return increased dramatically from $4,611.35 in 2012 to over $11,868.00 by 2021. The percentage of people living below the poverty line peaked at 15.2% in 2014 but dropped significantly to 8.9% by 2022. This collection of trends—higher incomes paired with increased tax burdens... Read more
Average Taxable Income per Tax Return in Clearfield County, PA over the last 9 years
Over the past nine years, Clearfield County, Pennsylvania has seen a steady increase in average taxable income per tax return, climbing from approximately $44,568.62 in 2013 to around $59,585.73 in 2021. These subtle fluctuations with a general upward trend suggest growing economic health, potentially making the county more attractive for real estate investment and development. With rising incomes, property values could see an appreciation, benefiting both current homeowners and prospective buyers. For insurers and appraisers, this could indicate a robust market with increasing property worth. Real estate agents and those looking to move to Clearfield County might find this data useful for evaluating long-term financial stability in the area.
Average State and Local Income Taxes Per Tax Return in Clearfield County, PA Over the Last 10 Years
Over the past decade, Clearfield County, Pennsylvania has seen a notable increase in average state and local income taxes per tax return. Starting at $4,611.35 in 2012, this average steadily climbed to over $11,868.00 by 2021, with a significant spike observed between 2017 and 2018. This trend may suggest economic changes or adjustments in tax policies impacting the area. For investors, real estate agents, appraisers, and insurance agents, the rising tax burden should be a consideration when evaluating property values, cost of living, and overall economic health of the region.
Average Total Tax Liability Per Tax Return in Clearfield County, PA Over the Last 10 Years
In Clearfield County, Pennsylvania, the average total tax liability per tax return has shown a noticeable upward trend over the past decade. Starting at approximately $6,318.61 in 2012, there have been fluctuations but with an overall increase, peaking at around $8,526.27 in 2021. This could indicate economic growth or changes in tax policies, offering potential insights for investors, real estate agents, and those considering relocating or developing property in the area. The steady rise might also be relevant for appraisers and insurance agents assessing the region's financial dynamics.
Cost of Living in Clearfield County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,092 | $1,408 | $1,807 | $1,242 | $1,079 |
| 1 adult 4 children | $1,092 | $1,149 | $1,378 | $1,242 | $1,146 |
| 2 adults 3 children | $1,092 | $1,150 | $1,569 | $1,242 | $879 |
| 1 adult 3 children | $1,092 | $939 | $1,141 | $1,242 | $921 |
| 2 adults 2 children | $821 | $941 | $1,331 | $1,076 | $776 |
| 1 adult 2 children | $821 | $703 | $903 | $1,076 | $678 |
| 2 adults 1 child | $821 | $744 | $1,094 | $538 | $705 |
| 1 adult 1 child | $821 | $481 | $666 | $538 | $579 |
| 2 adults | $662 | $598 | $856 | $0 | $603 |
| 1 adult | $589 | $326 | $428 | $0 | $495 |
Safety trends & Data
Clearfield County, Pennsylvania has seen varying trends in property crimes over the past five years. Larceny-Theft consistently showed high numbers but decreased from 161.00 arrests in 2018 to 75.00 in 2022. Burglary arrests spiked in 2019 with 23.00 cases but stabilized around 18.00 by 2022. Vandalism incidents jumped to 47.00 arrests in 2019, then held steady at 29.00 cases for the past two years. Fraud-related crimes peaked in 2019 with 44.00 arrests and dropped to 20.00 by 2022. These... Read more
Property Crime Trends in Clearfield County, PA Over the Last 5 Years
Clearfield County, Pennsylvania has seen fluctuating trends in property crimes over the past five years. Notably, Larceny-Theft consistently showed high numbers but decreased from 161.0 arrests in 2018 to 75.0 in 2022, possibly suggesting better preventive measures or reporting changes. Burglary arrests experienced a spike in 2019 with 23.0 cases but stabilized around 18.0 by 2022. Vandalism incidents saw a jump to 47.0 arrests in 2019, but then decreased, holding steady at 29.0 cases over the past two years. Conversely, Fraud-related crimes showed some variation, peaking in 2019 with 44.0 arrests and dropping significantly to 20.0 arrests in 2022. Those looking to invest or move to Clearfield County might consider these trends when assessing property security and community investments.
Demographics
Clearfield County, Pennsylvania shows a balanced gender distribution with a slight male majority. Educational attainment indicates that most residents have at least a high school diploma, but fewer have pursued higher education, with just over 11% holding a bachelor's degree. The age demographic highlights a significant proportion of residents aged 55 and older, suggesting an aging population. Racially, the county is predominantly White, with minorities constituting a small fraction of the... Read more
Race Distribution in Clearfield County, Pennsylvania (2022)
Educational Attainment in Clearfield County, Pennsylvania (2022)
Age Distribution in Clearfield County, Pennsylvania
Citizen Population in Clearfield County, Pennsylvania (2022)
Political Trends & Data
Clearfield County, Pennsylvania, displayed a significant Republican preference in the 2020 U.S. Presidential Election, with roughly 74% of votes. The Democratic party secured about 25%, and the Libertarian party obtained a modest 1.4%. This substantial Republican leaning could indicate broader political trends common in rural... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Clearfield County in Pennsylvania showed a strong preference for the Republican party in the 2020 U.S. Presidential Election, with around 74% of the vote. The Democratic party captured approximately 25%, while the Libertarian party garnered a small share at around 1.4%. The Green party and other parties did not appear to gain any significant support. This suggests that Clearfield County might lean heavily Republican, reflecting a broader trend in rural areas.
74.08% of voters voted for the Republican party in the 2020 Presidential Election
24.54% of voters voted for the Democrat party in the 2020 Presidential Election
1.39% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Clearfield County, Pennsylvania, has maintained a student-to-teacher ratio below the national average, from 12 students per teacher in 2014 to around 11 in recent years. This suggests smaller class sizes, which could attract families seeking more individualized attention for their kids. For investors and homebuyers, areas with lower ratios often see higher demand. Additionally, appraisers and insurance agents might view this as a sign of stable community investment in education, possibly... Read more
Student-to-teacher ratio in Clearfield County, Pennsylvania over the last 10 years
Clearfield County, Pennsylvania, has consistently maintained a student-to-teacher ratio below the national average over the past decade, fluctuating slightly but generally declining from 12 students per teacher in 2014 to around 11 in recent years. This lower ratio possibly indicates smaller class sizes, which might appeal to families prioritizing more individualized attention for their children. Such a trend can also influence real estate investment decisions, as homes in areas with better educational resources often see higher demand. For appraisers and insurance agents, lower ratios can signal stable community investment in education, potentially influencing property values and the risk assessment. Real estate agents might find this data useful when marketing properties to prospective buyers interested in quality schooling.
