Jefferson County Real Estate and Livability Trends
Jefferson County, Pennsylvania's real estate market has shown promising growth, with median home values rising from $90,300 in 2015 to $121,100 in 2022, suggesting more affordable entry points compared to broader averages. Steady increases in average taxable income, climbing from $44,901.45 in 2013 to $58,072.89 in 2021, could indicate better employment opportunities and economic health. However,... Read more
Jefferson County Market Trends
Jefferson County, Pennsylvania, has seen steady growth in median home values over the past eight years, with a rise from $90,300 in 2015 to $121,100 in 2022, providing more affordable entry points compared to statewide and national averages. The average residential energy tax credit per tax return has increased notably, from about $245.28 in 2013 to around $657.69 by 2021, pointing towards a... Read more
Median Value of Occupied Housing Units in Jefferson County, Pennsylvania Over the Last 8 Years
Over the past eight years, median home values in Jefferson County, Pennsylvania have seen a steady increase, rising from $90,300 in 2015 to $121,100 in 2022. This growth, although significant, is more modest compared to the statewide median, which jumped from $166,000 to $226,200 in the same period. Nationally, home values escalated from $125,500 in 2015 to $179,400 in 2022. For investors or potential homeowners eyeing Jefferson County, this indicates a positive but relatively stable appreciation in property values, potentially offering more affordable entry points compared to statewide and national averages.
Residential Energy Tax Credit Per Tax Return in Jefferson County, PA Over the Last 8 Years
Over the past eight years, Jefferson County, Pennsylvania has seen a notable increase in the average residential energy tax credit per tax return. Starting at approximately $245.28 in 2013, the value saw fluctuations but made a consistent climb, reaching around $657.69 by 2021. This trend could indicate a growing emphasis on energy efficiency improvements and renewable energy investments among residents. Real estate agents, appraisers, and insurance agents might find this shift particularly relevant as it suggests a potential rise in demand for properties with energy-efficient features, possibly impacting property values and insurance assessments.
Average Real Estate Taxes Per Tax Return in Jefferson County, PA Over the Last 10 Years
Over the last decade, Jefferson County, Pennsylvania witnessed a notable increase in average real estate taxes per tax return, rising from approximately $2,309.73 in 2012 to around $3,861.54 in 2021. This uptick represents a variety of possible influences such as shifts in county budgeting, property reassessments, or evolving fiscal policies. The significant jump between 2017 and 2018, from roughly $2,876.47 to $3,800.00, underscores some larger, potentially unique changes during that period. Prospective investors, homeowners, and real estate professionals should consider these trends as they reflect not only the area's economic development but also possible future tax liabilities.
Percentage of Farm Returns in Jefferson County, PA Over the Last 10 Years
Over the last 10 years, the percentage of farm tax returns in Jefferson County, Pennsylvania, has shown a subtle decline, hovering around 1.74% to 1.94%. This suggests that the number of farms could be slightly decreasing, or the overall economic landscape for farms may be shifting. For those looking to invest in or move to the area, this trend might imply a gradual reduction in farm-based economic activities, potentially impacting land values and agricultural opportunities. Understanding these shifts can be crucial for strategic decision-making in property development or agricultural enterprises.
Number of Mortgages by Occupancy Type in Jefferson County, PA Over the Last 5 Years in Jefferson County
In Jefferson County, Pennsylvania, the number of mortgages for principal residences has generally shown an increase over the last five years, reaching a high point in 2021. Conversely, investment property mortgages have seen a slight decline, and second residence mortgages have remained relatively stable with minor fluctuations. These trends could indicate a strong demand for primary homes, potentially suggesting local economic stability or population growth. For investors, the decreasing interest in investment properties might signify fewer rental opportunities or higher competition. Appraisers and real estate agents should consider these shifts as they may affect property values and market dynamics. Additionally, insurance agents and those looking to build should note the steady primary residence market, which could imply a relatively low risk environment for long-term property investments.
Economic Outlook
Jefferson County, Pennsylvania has experienced significant increases in average taxable income per tax return, rising from about $44,901.45 in 2013 to approximately $58,072.89 in 2021. This trend might signal growing economic health and better employment opportunities, making the area appealing for investors and property developers. The income taxes, however, have fluctuated widely, peaking at $13,317.86 in 2019 and settling to around $8,089.29 in 2021, which could reflect economic shifts or... Read more
Average Taxable Income per Tax Return in Jefferson County, PA over the last 9 years
Jefferson County, Pennsylvania has seen a notable rise in average taxable income per tax return over the past nine years. Starting from approximately $44,901.45 in 2013, the figures have fluctuated, with a noticeable peak at $53,599.47 in 2018. Despite some minor dips, such as in 2019, the trend appears to move generally upwards, culminating at around $58,072.89 in 2021. This upward trend could be indicative of increasing economic health and employment opportunities, making it potentially attractive for investors and property developers.
Average State and Local Income Taxes Per Tax Return in Jefferson County, PA Over the Last 10 Years
Income taxes in Jefferson County, Pennsylvania have seen significant fluctuations over the past decade. From a modest $5,683.18 in 2012, taxes spiked dramatically to a peak of $13,317.86 in 2019, before settling to around $8,089.29 in 2021. These changes could impact investment strategies, as sudden jumps and drops suggest economic shifts or policy changes that could influence the local real estate market and cost of living.
Average Total Tax Liability Per Tax Return in Jefferson County, PA Over the Last 10 Years
Over the last decade, Jefferson County, Pennsylvania has seen fluctuations in average total tax liability per tax return, ranging from a low of $6,713.93 in 2019 to a high of $8,128.48 in 2021. Notable spikes occurred in 2017 and 2018, where liabilities reached $7,582.42 and $8,022.54 respectively. These shifts potentially reflect changes in local economic conditions, tax laws, or other factors impacting individual financial obligations, crucial for investors, real estate agents, and property developers to consider when assessing the area's financial landscape.
Cost of Living in Jefferson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,019 | $1,408 | $1,694 | $1,567 | $1,128 |
| 1 adult 4 children | $1,019 | $1,149 | $1,292 | $1,567 | $1,216 |
| 2 adults 3 children | $1,019 | $1,150 | $1,472 | $1,567 | $929 |
| 1 adult 3 children | $1,019 | $939 | $1,069 | $1,567 | $994 |
| 2 adults 2 children | $827 | $941 | $1,250 | $1,358 | $834 |
| 1 adult 2 children | $827 | $703 | $847 | $1,358 | $763 |
| 2 adults 1 child | $827 | $744 | $1,027 | $679 | $731 |
| 1 adult 1 child | $827 | $481 | $625 | $679 | $611 |
| 2 adults | $639 | $598 | $805 | $0 | $590 |
| 1 adult | $553 | $326 | $403 | $0 | $482 |
Safety trends & Data
Larceny-Theft has been the most frequent property crime in Jefferson County, Pennsylvania, peaking at 86.00 arrests in 2018 but drastically reducing to 29.00 arrests by 2022. Burglary rates have been inconsistent, hitting a low of 3.00 arrests in 2020 but spiking to 15.00 arrests in 2022. Vandalism remained relatively steady with minor peaks, closing at 14.00 arrests in 2022. With varied trends in other crimes such as Fraud, Motor Vehicle Theft, and Stolen Property, these patterns could provide... Read more
Property Crime Trends in Jefferson County, PA Over the Last 5 Years
Larceny-Theft has been the most frequent property crime in Jefferson County, Pennsylvania over the past five years, peaking at 86.0 arrests in 2018 but significantly decreasing to 29.0 arrests by 2022. Burglary saw some fluctuation, with a noticeable drop to 3.0 arrests in 2020, but it spiked back up to 15.0 arrests in 2022. Vandalism showed a relatively steady occurrence with minor peaks over the years, ending at 14.0 arrests in 2022. Other crimes like Fraud, Motor Vehicle Theft, and Stolen Property didn't present clear trends but varied annually. These patterns could inform decisions for investors, real estate agents, and insurance agents by highlighting potential risks and changes in crime rates in the area.
Demographics
Jefferson County, Pennsylvania's demographic trends highlight a nearly balanced male and female population, suggesting gender parity. Educational attainment reveals a significant portion of residents as high school graduates, with smaller proportions holding bachelor's or higher degrees. Age distribution shows a heavier concentration in the 55 to 64-year range, potentially indicating an aging population. Racial composition is predominantly White, with minimal representation from other racial... Read more
Race Distribution in Jefferson County, Pennsylvania (2022)
Educational Attainment in Jefferson County, Pennsylvania (2022)
Age Distribution in Jefferson County, Pennsylvania
Citizen Population in Jefferson County, Pennsylvania (2022)
Political Trends & Data
Jefferson County, Pennsylvania, demonstrated a pronounced Republican preference during the 2020 U.S. Presidential Election, with approximately 79% of the votes leaning towards the GOP. The Democratic Party captured an estimated 20%, while the Libertarian Party received about 1.5% and the Green Party was notably absent. This strong Republican tilt may reflect deeper demographic and cultural shifts within the county, echoing broader political trends experienced state-wide or even... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jefferson County, Pennsylvania, the 2020 U.S. Presidential Election results indicate a significant leaning towards the Republican Party, which garnered an estimated 79% of the vote. The Democratic Party captured around 20%, while the Libertarian Party received about 1.5%. This distribution suggests a strong Republican preference, with minimal support for third-party candidates and the Green Party seemingly absent. This trend could imply deeper demographic and cultural shifts within the county, reflecting broader state or national political dynamics.
78.69% of voters voted for the Republican party in the 2020 Presidential Election
19.83% of voters voted for the Democrat party in the 2020 Presidential Election
1.48% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Jefferson County, Pennsylvania, the student-to-teacher ratio has hovered between 12.01 and 13.19 over the past decade, consistently below the U.S. national average of 14 students per teacher. This potentially translates to smaller class sizes and more individualized attention for students—an attractive factor for families considering a move and a strong selling point for real estate agents. Investors in local education infrastructure might also find this trend promising, as it could... Read more
Student-to-teacher ratio in Jefferson County, Pennsylvania over the last 10 years
Jefferson County, Pennsylvania has seen its student-to-teacher ratio fluctuate slightly over the past decade, ranging from 12.01 to 13.19. Compared to the current U.S. national average of 14 students per teacher, Jefferson County generally maintains a lower ratio, which might suggest smaller class sizes. This trend could be appealing for families looking to move to the area, investors in local education infrastructure, or real estate agents marketing homes to prospective buyers prioritizing educational quality. Lower student-to-teacher ratios are often associated with more individualized attention for students, potentially enhancing educational outcomes.
