Greene County Real Estate and Livability Trends
In Greene County, Pennsylvania, median home values have increased steadily from $97,400 in 2015 to $140,900 in 2022, though state home values have grown even more aggressively. Real estate taxes also saw a considerable rise from $3,088.21 in 2012 to $5,007.89 in 2021, signaling heightened property demand and potential economic growth. Notably, principal residences dominate the market, hinting at... Read more
Greene County Market Trends
Greene County, Pennsylvania, has experienced a steady rise in median home values from $97,400 in 2015 to $140,900 in 2022, contrasting with the state’s more aggressive growth from $166,000 to $226,200. Residential energy tax credits have also grown, peaking at $495.00 in 2020, indicating a boost in energy-efficient home improvements. Average real estate taxes rose sharply from $3,088.21 in 2012... Read more
Median Value of Occupied Housing Units in Greene County, Pennsylvania Over the Last 8 Years
Greene County, Pennsylvania has seen varied growth in median home values over the last eight years, increasing steadily from $97,400 in 2015 to $140,900 in 2022. This local growth, though slower compared to broader trends, presents an interesting investment opportunity given its contrast against the state’s more aggressive climb from $166,000 to $226,200 and the national jump from $125,500 to $179,400 over the same period. This could suggest potential for value gains due to relative affordability or room for growth in Greene County.
Residential Energy Tax Credit Per Tax Return in Greene County, PA Over the Last 8 Years
Residential energy tax credits in Greene County, Pennsylvania have shown a notable upward trend over the last eight years. Investors and property developers may find it worthwhile to consider these incentives, especially given the sharp rise from an average of $297.50 in 2013 to $495.00 in 2020. Although there was a slight decrease to $421.74 in 2021, the overall increase suggests that homeowners are increasingly investing in energy-efficient improvements. This ongoing rise in energy tax credits could be indicative of a growing market for eco-friendly construction projects and renovations, making it an attractive time for real estate agents and insurers to focus on this angle.
Average Real Estate Taxes Per Tax Return in Greene County, PA Over the Last 10 Years
Greene County, Pennsylvania has seen a noticeable upward trend in average real estate taxes per tax return over the last decade. Starting at approximately $3,088.21 in 2012, taxes have steadily increased, reaching about $5,007.89 in 2021. The most significant jumps occurred between 2017 and 2018, with an increase from around $3,895.36 to $4,626.53. This trend is important for potential investors and current residents alike, suggesting a rising demand and likely appreciation of property values. For real estate agents and appraisers, this data hints at the region’s economic growth, while insurance agents might consider the implications for policy pricing.
Percentage of Farm Returns in Greene County, PA Over the Last 10 Years
Greene County, Pennsylvania has seen some fluctuations in the percentage of farm tax returns over the past decade, peaking around 3.19% in 2012 and dipping to roughly 2.86% by 2021. Farm tax returns, which are essentially tax filings from agricultural enterprises, serve as a potential indicator of the financial health and productivity of the farming sector in a region. For investors, property developers, and potential new residents, these percentages might signal varying levels of farming activity over the years, suggesting both opportunities and challenges related to agricultural business and land use trends in Greene County.
Number of Mortgages by Occupancy Type in Greene County, PA Over the Last 5 Years in Greene County
In Greene County, Pennsylvania, over the last five years, the market has predominantly seen mortgages for principal residences, noticeably exceeding mortgages for investment and second properties. While there’s a consistent interest in investment properties, principal residences command the bulk of the market, hinting at a community-oriented housing landscape. Aspiring investors, real estate agents, and homeowners should consider that the area might primarily cater to long-term residents rather than short-term or rental investments. Meanwhile, appraisers and insurance agents should note the prominence of primary residences, as it could influence property valuations and risk assessments. Builders and those planning to construct might also find more demand in residential projects tailored for owner-occupiers.
Economic Outlook
Greene County, Pennsylvania has seen significant fluctuations in average taxable income and state/local income taxes over the last decade. From a low of $59,338.11 in 2013 to a peak of $74,615.47 in 2021, income trends indicate an evolving economic landscape. Taxes have ranged from about $6,132.79 in 2012 to a high of around $10,445.65 in 2019, suggesting potential shifts in cost of living and return rates for investments. For real estate stakeholders, these variations highlight the importance... Read more
Average Taxable Income per Tax Return in Greene County, PA over the last 9 years
Taxable income in Greene County, Pennsylvania has shown fluctuations over the last nine years. From a low of $59,338.11 in 2013, the average taxable income has varied, peaking at $74,615.47 in 2021. Noteworthy increases were seen in 2017 and 2019, with slight dips in between. These income trends can offer insights for potential investors, residents, and real estate stakeholders regarding the economic landscape of the county.
Average State and Local Income Taxes Per Tax Return in Greene County, PA Over the Last 10 Years
Greene County, Pennsylvania has seen fluctuating average state and local income taxes per tax return over the past decade, with notable increases in recent years. The taxes ranged from approximately $6,132.79 in 2012 to a high of around $10,445.65 in 2019. This trend may suggest an evolving economic landscape, potentially impacting decisions for investors, real estate professionals, and prospective residents. Higher taxes can influence cost of living and investment return rates, making this a crucial factor to consider.
Average Total Tax Liability Per Tax Return in Greene County, PA Over the Last 10 Years
In Greene County, Pennsylvania, the average total tax liability per tax return has seen significant fluctuations over the last decade. Notably, the tax liability rose from $9,326.01 in 2012 to a peak of $13,330.02 in 2014 before experiencing sporadic declines and rises in subsequent years. These trends could suggest a volatile economic environment, impacting both current residents and potential investors. Especially around 2014 and 2017, individuals faced higher tax obligations, which may correlate with economic or policy changes during those years. For anyone investing in or appraising property in this region, understanding these tax trends is crucial for making well-informed financial decisions.
Cost of Living in Greene County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,049 | $1,436 | $1,576 | $1,892 | $1,209 |
| 1 adult 4 children | $1,049 | $1,172 | $1,200 | $1,892 | $1,320 |
| 2 adults 3 children | $1,049 | $1,173 | $1,370 | $1,892 | $1,010 |
| 1 adult 3 children | $1,049 | $958 | $994 | $1,892 | $1,097 |
| 2 adults 2 children | $862 | $960 | $1,164 | $1,640 | $889 |
| 1 adult 2 children | $862 | $717 | $788 | $1,640 | $843 |
| 2 adults 1 child | $862 | $759 | $958 | $820 | $755 |
| 1 adult 1 child | $862 | $490 | $582 | $820 | $638 |
| 2 adults | $727 | $610 | $751 | $0 | $599 |
| 1 adult | $722 | $332 | $376 | $0 | $519 |
Safety trends & Data
Property crime in Greene County, Pennsylvania, over the past five years shows some encouraging trends. Larceny-theft cases have decreased from 55.00 in 2018 to 35.00 in 2022, suggesting possible improvements in community measures or law enforcement tactics. Similarly, burglary rates have dipped to 6.00 cases in 2022 from 14.00 in 2018 and 2019. However, issues like vandalism and motor vehicle theft have stayed relatively constant, pointing to areas that might need specific attention. These... Read more
Property Crime Trends in Greene County, PA Over the Last 5 Years
The property crime landscape in Greene County, Pennsylvania over the past five years reveals fluctuating trends. Larceny-theft has generally seen a downward trend from a high of 55.00 instances in 2018 to 35.00 in 2022, which could suggest improved community measures or law enforcement tactics. Burglary numbers have also decreased, with just 6.00 cases in 2022 compared to 14.00 in 2018 and 2019. Meanwhile, crimes like vandalism and motor vehicle theft have remained relatively constant, indicating persistent issues that may need targeted interventions. For investors, real estate agents, and those looking to move, these crime trends can provide valuable insight into the county’s evolving safety profile, potentially influencing property values and insurance rates.
Demographics
Greene County, Pennsylvania, shows a slightly higher male population compared to females. Educational attainment leans heavily towards high school graduates, with fewer individuals pursuing higher education degrees. The county exhibits a relatively balanced age distribution, with noteworthy population clusters under 10 and among those aged 55 to 64. Predominantly White, the racial composition reveals minimal diversity with very small percentages of other racial groups. These demographic nuances... Read more
Race Distribution in Greene County, Pennsylvania (2022)
Educational Attainment in Greene County, Pennsylvania (2022)
Age Distribution in Greene County, Pennsylvania
Citizen Population in Greene County, Pennsylvania (2022)
Political Trends & Data
Greene County in Pennsylvania leaned significantly Republican in the 2020 U.S. Presidential Election, with approximately 71% of the vote. Democrats garnered close to 28%, and Libertarians secured just over 1%. This strong Republican preference may mirror wider regional political tendencies and could shape local policies and community priorities... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Greene County in Pennsylvania leaned heavily towards the Republican party in the 2020 U.S. Presidential Election, with around 71 percent of the vote. Democrats captured nearly 28 percent, while Libertarians barely made an impact, securing just over 1 percent. Such a dominant Republican preference likely reflects broader regional political trends and could potentially influence local policymaking and community priorities.
71.19% of voters voted for the Republican party in the 2020 Presidential Election
27.79% of voters voted for the Democrat party in the 2020 Presidential Election
1.01% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Greene County, Pennsylvania, has kept its student-to-teacher ratio around 11 students per teacher over the past decade, which is consistently below the national average of 14. This trend could imply more personalized attention in classrooms and potentially better educational outcomes. Prospective homebuyers and investors might find this appealing because smaller class sizes are often linked to higher student performance and... Read more
Student-to-teacher ratio in Greene County, Pennsylvania over the last 10 years
Over the past decade, Greene County, Pennsylvania, has maintained a student-to-teacher ratio hovering around 11 students per teacher, consistently below the national average of 14. This may suggest more personalized attention to students, potentially enhancing educational outcomes. Investors, real estate agents, and those considering moving to the area might find this appealing, as smaller class sizes can be associated with higher student performance and satisfaction.
