Huntingdon County Real Estate and Livability Trends
Huntingdon County, Pennsylvania’s real estate market shows promising indicators of growth and stability. The median home value rose to $169,000 by 2022, offering affordability compared to the state’s $226,200 and national $179,400. This could present attractive opportunities for investors due to stable prospects and relative affordability. Energy tax credits fluctuated, peaking sharply in... Read more
Huntingdon County Market Trends
The median home value in Huntingdon County, Pennsylvania has steadily risen to $169,000 by 2022, still trailing behind the state's $226,200 and the national $179,400 figures. Despite this, the county may present attractive prospects for investors due to its relative affordability and stable growth trajectory. Residential energy tax credits in Huntingdon County have seen notable fluctuations, with... Read more
Median Value of Occupied Housing Units in Huntingdon County, Pennsylvania Over the Last 8 Years
The median home value in Huntingdon County, Pennsylvania has shown a consistent upward trend over the last eight years, reaching $169,000 by 2022. This local growth, while steady, is outpaced at the state level where Pennsylvania's median home values soared to $226,200. Nationally, the median value also saw a significant rise, hitting $179,400 in 2022. These patterns suggest that while Huntingdon County offers more affordable housing options relative to the state and national figures, the rate of increase in home values could indicate a favorable market for potential investors looking for growth opportunities in a relatively stable but less expensive area.
Residential Energy Tax Credit Per Tax Return in Huntingdon County, PA Over the Last 9 Years
Huntingdon County, Pennsylvania has experienced fluctuations in residential energy tax credits per tax return over the past nine years, with significant spikes in 2018 ($1850.00) and smaller peaks in 2016 ($535.00) and 2021 ($992.86). These variations could suggest shifting patterns in energy-efficient home upgrades and incentives that may influence property values and insurance considerations. Understanding these trends might benefit potential homeowners, investors, and real estate professionals by highlighting opportunities for cost savings and increased property values through energy-efficient installations.
Average Real Estate Taxes Per Tax Return in Huntingdon County, PA Over the Last 10 Years
Huntingdon County, Pennsylvania, has seen a notable upward trend in average real estate taxes per tax return over the last decade. Taxes have increased from $2,135.71 in 2012 to $3,767.57 in 2021. Particularly significant jumps were observed in 2018 and 2020, with taxes reaching as high as $3,710.00 and $3,992.11 respectively. This trend might indicate rising property values or changes in tax policy, affecting decisions for investors, real estate agents, and potential residents considering the area.
Percentage of Farm Returns in Huntingdon County, PA Over the Last 10 Years
Over the past decade in Huntingdon County, Pennsylvania, farm tax returns have generally seen a decline, from a peak of approximately 2.89% in 2013 to around 2.54% in 2021. The percentage hit a low of around 2.47% in 2020. Farm tax returns, essentially, are documents filed by farmers to report income and expenses from agricultural activities. Their declining trend could suggest a shift away from farming in the county, which may be particularly relevant if you're thinking about investing in property or starting a business in the area. Agricultural interest seems to have waned, and this might indicate changing economic activities or the need for different types of investment.
Number of Mortgages by Occupancy Type in Huntingdon County, PA Over the Last 5 Years in Huntingdon County
Huntingdon County, Pennsylvania, has seen a noticeable shift in mortgage trends over the last five years, with Principal Residences consistently leading the pack. For potential investors, the relatively low, yet stable, counts of mortgages for Investment Properties may suggest limited competition but also indicate a smaller market. The variability in Second Residence mortgages might hint at changing demand for vacation homes or seasonal properties. Understanding these dynamics can provide valuable insights for those looking to appraise, insure, buy, or sell property in the area. A balanced view of these trends can inform strategic decisions, whether one is eyeing residential growth or niche opportunities in secondary or investment properties.
Economic Outlook
Huntingdon County, Pennsylvania has experienced noteworthy growth in average taxable income per tax return, rising from $44,856.20 in 2013 to $59,233.49 in 2021, indicating a potentially stronger local economy. Concurrently, state and local income taxes have seen notable fluctuations, with significant increases in 2018 and 2020, suggesting a variable tax environment that investors and residents should carefully consider. Additionally, average total tax liability per tax return has climbed from... Read more
Average Taxable Income per Tax Return in Huntingdon County, PA over the last 9 years
Huntingdon County, Pennsylvania has seen consistent growth in average taxable income per tax return over the past 9 years, rising from approximately $44,856.20 in 2013 to about $59,233.49 in 2021. This upward trend indicates a potential strengthening of the local economy, which could be attractive for investors and real estate developers. Appraisers and insurance agents might also find this data relevant as it could influence property values and insurance premiums in the area.
Average State and Local Income Taxes Per Tax Return in Huntingdon County, PA Over the Last 10 Years
Huntingdon County, Pennsylvania, has seen fluctuating yet generally increasing state and local income taxes per tax return over the past decade. Significant jumps occur notably in 2018 with an average of $7,051.06, and in 2020 with a peak at $8,378.38, outpacing the relatively stable growth of previous years. This volatility suggests a dynamic tax landscape, making it crucial for potential investors, real estate agents, and residents to consider the financial variability in tax expenditures when planning long-term commitments in the area.
Average Total Tax Liability Per Tax Return in Huntingdon County, PA Over the Last 10 Years
Huntingdon County, Pennsylvania has seen a noticeable increase in the average total tax liability per tax return over the past decade, starting from approximately $5,829.54 in 2012 to around $7,665.47 in 2021. This upward trend suggests potential increases in local income levels or adjustments in tax policies. For investors and real estate agents, these figures could imply a growing or economically improving community, which is pivotal for assessing property values and investment risks. Similarly, insurance agents and appraisers may need to adjust their calculations based on these financial changes.
Cost of Living in Huntingdon County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,054 | $1,371 | $1,694 | $1,116 | $988 |
| 1 adult 4 children | $1,054 | $1,120 | $1,292 | $1,116 | $1,051 |
| 2 adults 3 children | $1,054 | $1,120 | $1,472 | $1,116 | $813 |
| 1 adult 3 children | $1,054 | $915 | $1,069 | $1,116 | $831 |
| 2 adults 2 children | $821 | $917 | $1,250 | $974 | $735 |
| 1 adult 2 children | $821 | $685 | $847 | $974 | $634 |
| 2 adults 1 child | $821 | $725 | $1,027 | $512 | $686 |
| 1 adult 1 child | $821 | $468 | $625 | $512 | $568 |
| 2 adults | $680 | $582 | $805 | $0 | $601 |
| 1 adult | $617 | $318 | $403 | $0 | $501 |
Safety trends & Data
Huntingdon County, Pennsylvania's property crime landscape shows an overall decline in traditional burglary and larceny-theft incidents. Burglary numbers plummeted from 90.00 in 2018 to 3.00 in 2020, while larceny-theft numbers peaked at 110.00 in 2018 but fell to 52.00 in 2022. Motor vehicle thefts and forgery have remained low, although vandalism did exhibit a slight resurgence before tapering off. For real estate professionals and investors, these trends hint at a potentially safer... Read more
Property Crime Trends in Huntingdon County, PA Over the Last 5 Years
Huntingdon County, Pennsylvania has witnessed fluctuating trends in property crime over the past five years. While burglary incidents saw a sharp decline from 90.00 in 2018 to a mere 3.00 in 2020, they bounced back slightly to 12.00 in 2022. Larceny-theft numbers peaked at 110.00 in 2018 but dropped significantly in subsequent years, stabilizing at 52.00 in 2022. Notably, motor vehicle thefts, forgery, and counterfeiting have remained relatively low throughout this period. Interestingly, despite an initial dip, vandalism incidents exhibited some resurgence, moving from 21.00 in 2018 to a high of 28.00 in 2019 and tapering to 9.00 in 2022. For investors and real estate professionals, these trends suggest an overall decrease in property crimes, particularly in traditional burglary and larceny, making it potentially a safer and more appealing area for development and property investments.
Demographics
Huntingdon County, Pennsylvania, exhibits a minor gender imbalance, with more males than females. Educational attainment leans heavily towards high school graduates, but there's a small graduate-level demographic. There's a noticeable skew towards middle-aged and older residents, suggesting potential implications for local services and workforce demographics. The racial makeup is predominantly White, with Black or African American residents forming a small minority and negligible representation... Read more
Race Distribution in Huntingdon County, Pennsylvania (2022)
Educational Attainment in Huntingdon County, Pennsylvania (2022)
Age Distribution in Huntingdon County, Pennsylvania
Citizen Population in Huntingdon County, Pennsylvania (2022)
Political Trends & Data
In Huntingdon County, Pennsylvania, the 2020 presidential election results might reflect a community with strong conservative values, as Republicans potentially secured about 75% of the vote. Democrats appeared to capture roughly 24%, with the Libertarian party and other parties having an almost negligible impact. This political landscape could influence local policies and community investments, possibly favoring traditional and conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Huntingdon County, Pennsylvania, the 2020 U.S. Presidential Election saw Republicans potentially secure around 75% of the vote, significantly overshadowing the Democrats' approximately 24%. The Libertarian party's impact appears minimal, capturing just over 1%, while other parties seemed virtually nonexistent in this area. This dominant Republican preference could suggest a strong conservative leaning in the county's political landscape.
74.86% of voters voted for the Republican party in the 2020 Presidential Election
23.89% of voters voted for the Democrat party in the 2020 Presidential Election
1.25% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Huntingdon County, Pennsylvania, the student-to-teacher ratio has been steadily declining over the past decade, dropping from around thirteen students per teacher in 2014 to just under ten in 2023. This trend hints at smaller class sizes and a potentially more personalized education experience, compared to the national average of fourteen students per teacher. For prospective homebuyers and investors, this could suggest a strong focus on education, possibly influencing property values... Read more
Student-to-teacher ratio in Huntingdon County, Pennsylvania over the last 10 years
The student-to-teacher ratio in Huntingdon County, Pennsylvania, has been gradually declining over the past ten years, dropping from approximately thirteen students per teacher in 2014 to just under ten in 2023. This trend suggests that class sizes have become smaller, which could indicate a more personalized and potentially higher-quality education experience compared to the national average of fourteen students per teacher. For those considering moving to or investing in the area, this trend might imply a stronger focus on education, potentially influencing property values positively. Real estate agents and appraisers might find this information valuable for marketing homes to families. Insurance agents might interpret these changes as indicative of stable or improving community conditions, impacting risk assessments.
