Juniata County Real Estate and Livability Trends
Juniata County, Pennsylvania is experiencing notable economic and real estate trends that could attract investors and new residents. Average taxable income rose from $44,840.96 in 2013 to $61,157.61 in 2021, hinting at economic resilience. Median home values increased steadily, jumping from $161,000 to $185,900 between 2021 and 2022, consistently higher than the national but lower than... Read more
Juniata County Market Trends
Over the past eight years, median home values in Juniata County, Pennsylvania have shown steady increases, notably jumping from $161,000 to $185,900 between 2021 and 2022. Interestingly, these values have consistently been higher than the national median but lower than Pennsylvania’s state averages. There's also been a significant rise in average residential energy tax credits, climbing from... Read more
Median Value of Occupied Housing Units in Juniata County, Pennsylvania Over the Last 8 Years
Over the past eight years, median home values in Juniata County, Pennsylvania have shown gradual increases with a significant jump from 2021 to 2022, rising from $161,000 to $185,900. Compared to the national averages, Juniata County's home values have consistently been higher than the U.S. median, which sat at $179,400 in 2022. However, when stacked against the state averages, Juniata County's property values tend to be lower, as Pennsylvania's median value reached $226,200 in 2022. This data could suggest a more affordable but appreciating market in Juniata County, potentially appealing for investors and homebuyers seeking growth potential without the high entry cost of more expensive state averages.
Residential Energy Tax Credit Per Tax Return in Juniata County, PA Over the Last 8 Years
Juniata County, Pennsylvania has seen a fluctuating yet overall increasing trend in residential energy tax credits per tax return over the past eight years. Notably, the average credit jumped from approximately $535.71 in 2013 to $1,246.67 in 2021, suggesting a growing investment in energy-efficient improvements among homeowners. This could indicate rising awareness and utilization of energy-saving incentives, which might appeal to both investors and property developers. For insurance agents and appraisers, this trend points to potential changes in property values and risk profiles due to such enhancements. Real estate agents could use this data to highlight the potential for economic savings and added home value, making the area more attractive to prospective buyers.
Average Real Estate Taxes Per Tax Return in Juniata County, PA Over the Last 10 Years
Real estate taxes per tax return in Juniata County, Pennsylvania, have trended upward over the past decade, with an increase from approximately $2,252.88 in 2012 to around $3,831.82 in 2021. Significant jumps are noticeable around 2018 and 2019, suggesting more recent tax policy changes or property reassessments. This steady rise might catch the attention of investors, appraisers, and insurance agents, as it reflects the changing valuation and taxation landscape. Those looking to move to or build in Juniata County should factor in the upward trend of real estate taxes as a potential ongoing cost.
Percentage of Farm Returns in Juniata County, PA Over the Last 10 Years
The percentage of farm returns in Juniata County, Pennsylvania has seen a gradual decline over the last decade, starting from about 5.48% in 2012 to around 4.11% in 2021. Farm tax returns reflect the financial health and agricultural activity in an area, thus impacting local economic dynamics. For potential investors, those looking to build, or anyone interested in moving to the area, this trend may hint at shifts in land use, economic focus, or broader agricultural industry trends in Juniata County.
Number of Mortgages by Occupancy Type in Juniata County, PA Over the Last 5 Years in Juniata County
Over the past five years in Juniata County, Pennsylvania, there has been a noticeable majority of mortgages for principal residences compared to investment and second residences. The volume of mortgages for principal residences peaked in 2021 at 877, while investment properties saw relatively stable numbers, with a slight increase in 2022. The number of mortgages for second residences remained low but showed a minor upward trend. These shifts suggest variability in homeownership dynamics and potential market stability for principal residences, indicating a robust primary housing market that could appeal to families and long-term residents. For investors and real estate professionals, understanding these occupancy trends can provide insights into market demand and property valuation, potentially influencing investment strategies and community development plans. Changes in occupancy type can also impact insurance rates and requirements, making it crucial for insurance agents to stay updated on market trends. Additionally, property appraisers might find these data points useful for assessing property values accurately within the context of local real estate demand.
Economic Outlook
Average taxable income in Juniata County, Pennsylvania jumped from $44,840.96 in 2013 to $61,157.61 in 2021, demonstrating potential economic resilience that could lure investors and new residents. The average state and local income taxes nearly tripled over the same period, rising from $3,658.95 in 2012 to $9,990.48 in 2021, possibly reflecting rising incomes or evolving tax policies. Additionally, the average total tax liability surged to $8,255.80 in 2021, suggesting either increasing wealth... Read more
Average Taxable Income per Tax Return in Juniata County, PA over the last 9 years
Average taxable income per tax return in Juniata County, Pennsylvania has shown a generally upward trend over the last nine years, increasing from $44,840.96 in 2013 to $61,157.61 in 2021. This consistent growth suggests potential robustness in the local economy and might make the area attractive for investors and new residents. For insurance agents and appraisers, the rising incomes could indicate an increasing capacity for property-related expenses. Real estate agents might find the growing economic stability enticing for potential homebuyers considering relocation to Juniata County.
Average State and Local Income Taxes Per Tax Return in Juniata County, PA Over the Last 10 Years
Over the last decade, Juniata County, Pennsylvania has seen a substantial rise in average state and local income taxes per tax return. In 2012, the average was around $3,658.95, whereas by 2021, this figure had nearly tripled to about $9,990.48. This sharp increase could be indicative of rising incomes or changing tax policies, which is relevant for investors, real estate agents, and insurance agents considering the economic landscape of the area. Notably, the most significant spikes occurred between 2017 and 2021, suggesting a recent trend rather than gradual growth.
Average Total Tax Liability Per Tax Return in Juniata County, PA Over the Last 10 Years
In Juniata County, Pennsylvania, the average total tax liability per tax return has shown a general upward trend over the last decade, peaking at $8,255.80 in 2021. This rise could hint at growing incomes or changes in tax policy, making it an important consideration for those evaluating investment opportunities and property values in the area. Notably, the significant jump in 2021 may signal economic shifts that could affect future financial planning and market predictions.
Cost of Living in Juniata County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,031 | $1,424 | $2,019 | $1,432 | $1,223 |
1 adult 4 children | $1,031 | $1,163 | $1,543 | $1,432 | $1,300 |
2 adults 3 children | $1,031 | $1,163 | $1,753 | $1,432 | $1,005 |
1 adult 3 children | $1,031 | $949 | $1,276 | $1,432 | $1,057 |
2 adults 2 children | $821 | $952 | $1,486 | $1,243 | $880 |
1 adult 2 children | $821 | $711 | $1,010 | $1,243 | $798 |
2 adults 1 child | $821 | $752 | $1,220 | $628 | $779 |
1 adult 1 child | $821 | $486 | $743 | $628 | $640 |
2 adults | $628 | $604 | $953 | $0 | $635 |
1 adult | $570 | $330 | $477 | $0 | $517 |
Demographics
In Juniata County, Pennsylvania, the adult population is nearly balanced between males and females. The educational attainment reveals a significant portion of the population holding a high school diploma, though fewer pursue higher education with only 783 holding a graduate or professional degree. The age distribution shows a considerable number of residents approaching or in retirement age, potentially impacting local services and economy. The racial composition is predominantly White, with... Read more
Race Distribution in Juniata County, Pennsylvania (2022)
Educational Attainment in Juniata County, Pennsylvania (2022)
Age Distribution in Juniata County, Pennsylvania
Citizen Population in Juniata County, Pennsylvania (2022)
Political Trends & Data
In Juniata County, Pennsylvania, the 2020 U.S. Presidential Election results leaned heavily Republican with close to 80% of the vote, suggesting a persistent or growing political allegiance towards conservative values in rural Pennsylvania. The Democratic share, under 19%, and Libertarian, around 1%, underscore a potential political realignment or strong partisan loyalty within the community. This voting behavior might reflect broader cultural and social trends typical of the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Juniata County, Pennsylvania, the 2020 U.S. Presidential Election saw a significant lean towards the Republican party, with nearly 80% of the vote share. Democrats garnered just under 19%, while Libertarians accounted for about 1%. The dominance of Republican votes could reflect broader political and cultural trends in rural Pennsylvania counties. This voting pattern may be indicative of ongoing political realignment or entrenched party loyalty in this area.
80.12% of voters voted for the Republican party in the 2020 Presidential Election
18.71% of voters voted for the Democrat party in the 2020 Presidential Election
1.17% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Juniata County, Pennsylvania's real estate market trends may become more appealing due to a decreasing student-to-teacher ratio, shifting from 15 in 2014 to 12 in 2023, below the national average. This trend suggests potential improvements in educational quality, making the community more attractive to families, which in turn could positively impact property values. Lower ratios might also catch the interest of investors, real estate agents, and insurance appraisers by signaling better... Read more
Student-to-teacher ratio in Juniata County, Pennsylvania over the last 10 years
Juniata County, Pennsylvania has seen a fluctuating but generally declining student-to-teacher ratio over the past decade. While in 2014 the ratio stood at 15 students per teacher, above the national average of 14, it has gradually decreased to 12 in 2023, which is below the national average. This drop indicates a potential improvement in educational quality due to smaller class sizes. For investors, real estate agents, and families considering the move, this trend might suggest an increasingly appealing educational environment in the county. Lower student-to-teacher ratios can reflect positively on property values and community desirability. It might also influence insurance agents and appraisers who factor in school quality when assessing risk and property value.