Indiana County Real Estate and Livability Trends
Indiana County, Pennsylvania has generally seen an upward trend in average taxable income, rising from $49,093.84 in 2013 to about $61,995.37 by 2021, accompanied by higher state and local income taxes which jumped to approximately $10,595.83 in 2021. Median home values climbed from $107,000 in 2015 to $140,700 in 2022, though still trailing state and national averages. Despite student-to-teacher... Read more
Indiana County Market Trends
Indiana County, Pennsylvania has seen a noticeable climb in median home values from $107,000 in 2015 to $140,700 in 2022, lagging behind the state and national averages. Energy-efficient tax credits peaked at $2,000.00 in 2018, hinting at growing investments in sustainable home improvements. Real estate taxes have risen, with an average jump from $3,357.37 in 2012 to $5,336.00 in 2021, reflecting... Read more
Median Value of Occupied Housing Units in Indiana County, Pennsylvania Over the Last 8 Years
Indiana County, Pennsylvania has seen a consistent upward trend in median home values over the last eight years, jumping from $107,000 in 2015 to $140,700 in 2022. This localized increase, although significant, still falls short of Pennsylvania's state average, which surged from $166,000 to $226,200 during the same period. Nationally, the story is similar; the median home value in the United States grew from $125,500 to $179,400. Despite trailing behind these larger scales, Indiana County’s relatively lower home prices could present an appealing entry point for prospective buyers or investors looking for growth potential within Pennsylvania.
Residential Energy Tax Credit Per Tax Return in Indiana County, PA Over the Last 9 Years
Indiana County, Pennsylvania, has seen notable fluctuations in the average residential energy tax credit per tax return over the past nine years, peaking at $2,000.00 in 2018. This data might suggest that residents are increasingly investing in energy-efficient home improvements, with sharp increases in certain years possibly correlating to specific policy changes or incentives. For investors and real estate agents, this trend could signal growing interest in sustainable living, potentially boosting property values and market demand for energy-efficient features. Insurance agents and appraisers might also consider how these investments impact property assessments and insurance premiums. This uptick in energy credits highlights an opportunity for developers focusing on green technology and sustainable housing solutions.
Average Real Estate Taxes Per Tax Return in Indiana County, PA Over the Last 10 Years
Indiana County, Pennsylvania has seen an upward trend in average real estate taxes per tax return over the last decade. From $3,357.37 in 2012 to $5,336.00 in 2021, there's an overall steady increase with a notable jump from 2017 to 2018 when taxes went from approximately $3,872.55 to $4,930.63. This might suggest evolving property valuations or fiscal policies, which could be significant for prospective investors, property developers, and real estate professionals looking to gauge financial commitments in the area. This rise in real estate taxes could also impact insurance underwriting and appraisal values.
Percentage of Farm Returns in Indiana County, PA Over the Last 10 Years
Indiana County, Pennsylvania has seen relatively stable farm tax returns over the past decade, fluctuating between approximately 1.95% to 2.18%. Farm tax returns indicate the proportion of tax filings from farm-related income, demonstrating the agricultural sector's steady, if not slight presence in the county's economy. This trend may appeal to investors or potential residents interested in rural living or agricultural opportunities, as it suggests a consistent, though modest, agricultural footprint in the region.
Number of Mortgages by Occupancy Type in Indiana County, PA Over the Last 5 Years in Indiana County
Indiana County, Pennsylvania has seen notable changes in the types of mortgage distributions over the past five years. Principal residences overwhelmingly dominate the market, with mortgage counts peaking at 3,533 in 2021, up significantly from 2,610 in 2018. Investment properties and second residences remain relatively flat but show small fluctuations; investment property mortgages ranged from 104 in 2020 to 163 in 2021, while second residences peaked at 52 in 2021. These trends hint at a strong demand for principal residences, suggesting a stable primary housing market that could attract families and long-term residents. Investors might find opportunities in the relatively steadier numbers for investment properties, while prospective buyers looking for second homes could anticipate limited availability. For appraisers and insurance agents, these patterns could influence property valuations and risk assessments, respectively. Real estate agents might focus their efforts on primary homes while also catering to a niche market for investment and secondary properties.
Economic Outlook
Indiana County, Pennsylvania has generally seen an upward trend in average taxable income per tax return, starting from $49,093.84 in 2013 to around $61,995.37 by 2021. The area has also experienced a significant rise in average state and local income taxes, jumping from $5,313.04 in 2012 to approximately $10,595.83 by 2021, with notable spikes in 2017 and 2018. Coupled with increased total tax liabilities, peaking at $9,195.17 in 2021, the rising tax burden might impact the area's residential... Read more
Average Taxable Income per Tax Return in Indiana County, PA over the last 9 years
Average taxable income per tax return in Indiana County, Pennsylvania has generally been on an upward trend over the past nine years. Starting at approximately $49,093.84 in 2013, it saw fluctuations but mostly grew, reaching around $61,995.37 by 2021. Notable is the significant jump from 2017 to 2018, where income rose by about $2,612.30, and another sharp increase between 2020 and 2021 of nearly $6,720.89. This rising income trend could suggest that Indiana County is experiencing economic improvements, making it potentially appealing for investors, real estate agents, and those looking to relocate.
Average State and Local Income Taxes Per Tax Return in Indiana County, PA Over the Last 10 Years
Indiana County, Pennsylvania has seen a significant uptick in average state and local income taxes per tax return over the last decade. Starting at roughly $5,313.04 in 2012, the upward trend has culminated in a sharp increase to approximately $10,595.83 by 2021. Notably, there's a dramatic spike occurring in 2018 where taxes leaped from around $5,963.11 in 2017 to $8,927.72, indicating a shift that might concern investors and homeowners. These trends suggest a growing tax burden, potentially affecting both residential attractiveness and investment strategies in the area.
Average Total Tax Liability Per Tax Return in Indiana County, PA Over the Last 10 Years
Indiana County, Pennsylvania has seen generally increasing average total tax liabilities per tax return over the past decade, peaking at $9,195.17 in 2021. Key fluctuations such as the notable increases in 2017 and 2021 could reflect broader economic conditions or changes in local policy. This trend may matter to potential investors, insurance agents, real estate developers, and those thinking about moving to the area, as shifts in tax liability can impact disposable income and property values. Appraisers and real estate agents might also want to consider these tax trends when evaluating property prices and advising clients.
Cost of Living in Indiana County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,073 | $1,448 | $1,694 | $1,537 | $1,146 |
| 1 adult 4 children | $1,073 | $1,182 | $1,292 | $1,537 | $1,232 |
| 2 adults 3 children | $1,073 | $1,183 | $1,472 | $1,537 | $944 |
| 1 adult 3 children | $1,073 | $966 | $1,069 | $1,537 | $1,008 |
| 2 adults 2 children | $831 | $968 | $1,250 | $1,332 | $829 |
| 1 adult 2 children | $831 | $723 | $847 | $1,332 | $753 |
| 2 adults 1 child | $831 | $765 | $1,027 | $666 | $729 |
| 1 adult 1 child | $831 | $494 | $625 | $666 | $607 |
| 2 adults | $706 | $615 | $805 | $0 | $610 |
| 1 adult | $612 | $335 | $403 | $0 | $499 |
Safety trends & Data
Indiana County, Pennsylvania has experienced notable fluctuations in property crime over the past five years, with larceny-theft consistently recording the highest numbers. It peaked at 405 incidents in 2019 but dropped sharply to 28 in 2020 before rising again to 214 in 2022. Vandalism peaked at 73 cases in 2018, while burglary saw a high of 40 incidents in 2019. Lower-frequency crimes like embezzlement, motor vehicle theft, and arson showed irregular occurrences. These shifts are of interest... Read more
Property Crime Trends in Indiana County, PA Over the Last 5 Years
Over the past five years, Indiana County, Pennsylvania has seen significant fluctuations in property crime rates. Larceny-Theft consistently had the highest numbers, with a peak of 405 incidents in 2019 and a notable drop to 28 in 2020, followed by an increase to 214 in 2022. Vandalism and Burglary also displayed varying trends, with Vandalism peaking at 73 cases in 2018 and Burglary seeing a high of 40 in 2019. Meanwhile, lower-incidence crimes like Embezzlement, Motor Vehicle Theft, and Arson showed sporadic occurrences, contributing less to the overall property crime landscape. These shifts could interest investors, real estate agents, and residents concerned with community safety dynamics.
Demographics
Indiana County, Pennsylvania exhibits a slight female majority in its adult population. Educational attainment reveals a diverse array, though high school graduates dominate, with fewer residents possessing advanced degrees. The age distribution indicates a substantial segment of the population is aged 55 to 64 years, suggesting possible future shifts in healthcare and retirement services demand. Racially, the community is predominantly White, with minimal representation from other racial... Read more
Race Distribution in Indiana County, Pennsylvania (2022)
Educational Attainment in Indiana County, Pennsylvania (2022)
Age Distribution in Indiana County, Pennsylvania
Citizen Population in Indiana County, Pennsylvania (2022)
Political Trends & Data
Indiana County, Pennsylvania, leaned heavily Republican in the 2020 U.S. Presidential Election, with approximately 68% of the votes. Democrats received about 31%, and the Libertarian party captured a modest 1%. This trend indicates a strong Republican preference, mirroring the political landscape often seen in rural parts of... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Indiana County, Pennsylvania, the 2020 U.S. Presidential Election results leaned heavily Republican, with about 68 percent of the votes. Democrats garnered roughly 31 percent, while the Libertarian party received a modest 1 percent. These figures might suggest that Indiana County is a Republican stronghold, reflecting the broader political landscape of rural Pennsylvania.
68.18% of voters voted for the Republican party in the 2020 Presidential Election
30.67% of voters voted for the Democrat party in the 2020 Presidential Election
1.15% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Indiana County, Pennsylvania has reliably shown student-to-teacher ratios lower than the national average of 14 over the past decade, peaking at 13.46 in 2017 but mostly remaining below 13. By 2023, the ratio gently dropped to 12.16, suggesting relatively smaller class sizes. This trend might appeal to families and educators prioritizing individual attention in classrooms, and real estate agents could leverage this data as a selling point to attract buyers focused on education... Read more
Student-to-teacher ratio in Indiana County, Pennsylvania over the last 10 years
Indiana County, Pennsylvania has consistently reported a student-to-teacher ratio lower than the national average of fourteen over the past ten years. This trend peaked in 2017 with a high of 13.46 students per teacher, but has otherwise stayed largely below thirteen. By 2023, the ratio slightly decreased to 12.16, indicating relatively smaller class sizes compared to the national average. This could be of particular interest to families, educators, and investors looking for communities that potentially offer more individualized attention in classrooms. Real estate agents might find this data valuable as smaller student-to-teacher ratios are often a selling point for families prioritizing education.
