Fulton County Real Estate and Livability Trends
Fulton County, Pennsylvania has experienced a notable increase in average home values, from $153,200 in 2015 to $188,000 in 2022, despite trailing the state median of $226,200. Meanwhile, average taxable incomes and local tax liabilities have risen significantly, reflecting potential for long-term investment returns. Residential energy tax credits have surged, hinting at growing incentives for... Read more
Fulton County Market Trends
Fulton County, Pennsylvania's real estate market has seen a significant rise in median home values, growing from $153,200 in 2015 to $188,000 in 2022, suggesting potential value appreciation even though it trails the state median of $226,200. The area has experienced notable fluctuations in residential energy tax credits per tax return, with a peak of $766.67 in 2014 and an all-time high of... Read more
Median Value of Occupied Housing Units in Fulton County, Pennsylvania Over the Last 8 Years
Fulton County, Pennsylvania has seen a significant rise in median home values over the past few years, growing from $153,200 in 2015 to $188,000 in 2022. While Fulton County's 2022 median home value is notably less than Pennsylvania's median of $226,200, it's still catching up to the national median value of $179,400. For those eyeing property investments, these trends suggest that while Fulton County might offer more affordable options compared to state averages, it’s experiencing growth at a pace that promises value appreciation.
Residential Energy Tax Credit Per Tax Return in Fulton County, PA Over the Last 8 Years
In Fulton County, Pennsylvania, there's been a notable fluctuation in the average residential energy tax credit per tax return over the past eight years. While the credit saw a significant peak in 2014 at approximately $766.67, it varied widely until 2021, where it reached an all-time high of $1300.00. This volatility suggests an evolving landscape in residential energy investments, possibly influenced by changing policies or incentives. Real estate agents, appraisers, and those looking to invest in the area should consider these trends, as they indicate varying incentives for energy-efficient home improvements, which could impact property values and appeal to environmentally-conscious buyers.
Average Real Estate Taxes Per Tax Return in Fulton County, PA Over the Last 10 Years
Over the past decade, Fulton County, Pennsylvania, has seen a consistent rise in average real estate taxes per tax return, starting at $2,781.02 in 2012 and peaking at $4,252.94 in 2021. Noteworthy jumps are evident between 2017 and 2018, where taxes surged from $3,384.03 to $4,208.00. This upward trend, especially the sharp increase in the latter half of the decade, could signal an increased demand for property or changes in local tax policy. Potential investors and real estate professionals might see this as a sign of growing property values or improved local infrastructure, while current and prospective homeowners should consider the impact of rising taxes on long-term affordability.
Percentage of Farm Returns in Fulton County, PA Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Fulton County, Pennsylvania has shown minimal fluctuation, mostly hovering around an average range of 4.5% to 6.5%. A peak around 6.26% in 2013 and a dip to 4.55% in 2020 are notable. For those looking to invest, build property, or move to this region, it could be helpful to consider that the consistently low and stable farm tax return percentages might suggest a steady, if not thriving, agricultural sector. This stability might indicate a level of predictability in the area's farming economy, which can be beneficial for long-term planning and economic forecasting.
Number of Mortgages by Occupancy Type in Fulton County, PA Over the Last 5 Years in Fulton County
Fulton County, Pennsylvania has seen a consistent preference for mortgages classified as principal residences, peaking at 738 in 2021 before dipping to 507 in 2022. Investment property mortgages and second residence mortgages have remained substantially lower in comparison, and both saw a slight decline from their peaks. Changes in occupancy types could provide insights into shifting buyer preferences and economic conditions. Investors and real estate agents might see this as an indication of the county's appeal predominantly as a primary living location rather than a market for secondary or investment properties. This trend may also affect property values, insurance rates, and development opportunities, making it a critical factor for stakeholders to monitor.
Economic Outlook
Fulton County, Pennsylvania has seen a steady rise in average taxable income per tax return, jumping from $44,934.91 in 2013 to $60,649.79 in 2021. Coupled with rising state and local income taxes, which surged from $3,657.81 in 2012 to $7,725.00 in 2021, this trend might highlight an expanding local economy and increasing living costs. Additionally, the county's total tax liability per tax return almost doubled, moving from $5,422.96 in 2012 to $8,064.17 in 2021. These factors could be... Read more
Average Taxable Income per Tax Return in Fulton County, PA over the last 9 years
Fulton County, Pennsylvania has experienced a steady upward trend in average taxable income per tax return over the past nine years. From $44,934.91 in 2013 to $60,649.79 in 2021, this growth could indicate a strengthening local economy and improving earnings potential. These increases might be appealing for real estate investors and developers, suggesting a prosperous community where residents' incomes are on the rise, potentially fueling greater demand for housing and services. This evolving economic landscape could also be relevant for insurance agents and appraisers, reflecting a potentially more affluent demographic.
Average State and Local Income Taxes Per Tax Return in Fulton County, PA Over the Last 10 Years
Over the past decade, Fulton County, Pennsylvania, has experienced a notable rise in state and local income taxes per tax return, escalating from $3,657.81 in 2012 to $7,725.00 in 2021. This upward trend could potentially reflect higher living costs or increased earnings among residents. Such information is invaluable for prospective investors, real estate agents, and insurance professionals, as it provides insight into the area's economic climate and household financial trends.
Average Total Tax Liability Per Tax Return in Fulton County, PA Over the Last 10 Years
Over the past decade, Fulton County, Pennsylvania has seen a notable upward trend in total tax liability per tax return, nearly doubling from $5,422.96 in 2012 to $8,064.17 in 2021. This steady increase suggests an evolving tax landscape, potentially driven by economic growth, rising property values, or changes in household incomes. Such a trend may be of significant interest to prospective investors, appraisers, and insurance agents as it could reflect broader financial health and property market dynamics in the county. Real estate agents and potential homebuyers may want to consider these implications when assessing long-term investments in the area.
Cost of Living in Fulton County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,067 | $1,460 | $2,019 | $1,301 | $1,220 |
1 adult 4 children | $1,067 | $1,192 | $1,543 | $1,301 | $1,293 |
2 adults 3 children | $1,067 | $1,193 | $1,753 | $1,301 | $999 |
1 adult 3 children | $1,067 | $974 | $1,276 | $1,301 | $1,046 |
2 adults 2 children | $821 | $976 | $1,486 | $1,127 | $865 |
1 adult 2 children | $821 | $729 | $1,010 | $1,127 | $775 |
2 adults 1 child | $821 | $772 | $1,220 | $564 | $774 |
1 adult 1 child | $821 | $498 | $743 | $564 | $633 |
2 adults | $688 | $620 | $953 | $0 | $662 |
1 adult | $605 | $338 | $477 | $0 | $533 |
Safety trends & Data
In Fulton County, Pennsylvania, property crime trends have seen burglary cases drop remarkably from 27 in 2018 to just 2 in 2022, possibly due to enhanced community efforts or effective law enforcement. Meanwhile, larceny-theft has fluctuated, hitting 34 incidents in 2022, echoing 2018's totals, and vandalism surged to 13 cases in 2021 but fell back to 8 in 2022. Consistent minor fraud incidents persist. Prospective real estate investors might be reassured by the low burglary rates, though the... Read more
Property Crime Trends in Fulton County, PA Over the Last 4 Years
In Fulton County, Pennsylvania, property crime trends indicate a notable decline in burglary cases from 27 in 2018 to just 2 in 2022, potentially suggesting effective local law enforcement or enhanced community vigilance. Larceny-theft, however, has shown fluctuating numbers, peaking again at 34 incidents for 2022, similar to 2018's figures. Vandalism incidents saw a sharp rise to 13 in 2021 but decreased to 8 in 2022, while fraud occurrences have remained relatively minor but consistent. Those considering investments or real estate ventures in the area might find the low burglary rates encouraging, though the consistent presence of theft and vandalism should be factored into risk assessments and insurance considerations.
Demographics
Fulton County, Pennsylvania, showcases interesting demographic trends. Gender distribution is fairly balanced, with only a slight tilt toward males. Educationally, the majority hold a high school diploma or equivalent, though there's a meaningful representation of higher education with around 10% holding a bachelor's degree. Age-wise, the population inches toward an older demographic, with notable proportions in the 45-64 age brackets. Racially, the community is predominantly white, with... Read more
Race Distribution in Fulton County, Pennsylvania (2022)
Educational Attainment in Fulton County, Pennsylvania (2022)
Age Distribution in Fulton County, Pennsylvania
Citizen Population in Fulton County, Pennsylvania (2022)
Political Trends & Data
Fulton County, Pennsylvania, showed a striking preference for the Republican Party in the 2020 election, with approximately 85.5% of votes potentially going to the GOP, and the Democrats possibly only capturing around 13.6%. Libertarians seemingly barely made a mark with about 0.8%. This overwhelming Republican tilt might suggest a deeply entrenched political alignment, posing interesting questions on how such a demographic could impact broader voting patterns in Pennsylvania and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Fulton County, Pennsylvania, the 2020 election results leaned heavily Republican, with the GOP possibly securing roughly 85.5% of the votes, while the Democratic Party may have garnered about 13.6%. The Libertarian Party's share was minor, potentially around 0.8%. This significant disparity might illustrate a strong Republican stronghold in the region, raising questions about the local political landscape's influence on broader state and national trends.
85.55% of voters voted for the Republican party in the 2020 Presidential Election
13.60% of voters voted for the Democrat party in the 2020 Presidential Election
0.85% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Fulton County, Pennsylvania, features a relatively stable student-to-teacher ratio of around 11 to 12 students per teacher over the past decade, which is lower than the national average of 14. This metric suggests potential for more personalized attention in classrooms, making the area appealing to families who value education. For investors and real estate agents, this trend might imply a promising market for family homes. Appraisers and insurance agents could also see this as a positive... Read more
Student-to-teacher ratio in Fulton County, Pennsylvania over the last 10 years
Over the past decade, Fulton County, Pennsylvania has seen a relatively stable student-to-teacher ratio, averaging around 11 to 12 students per teacher, slightly lower than the national average of 14 students per teacher. This could indicate smaller class sizes, potentially offering more personalized attention and instructional support for students, which might be a selling point for families considering moving here. For investors and real estate agents, this might translate to a more attractive market for families prioritizing education. Lower ratios could also be a consideration for appraisers and insurance agents when evaluating the community's educational resources and their impact on property values.