Northampton County Real Estate and Livability Trends
Northampton County, Pennsylvania has seen an increase in average taxable income from $61,084.60 in 2013 to $85,857.10 in 2021, potentially signaling rising economic vitality. Median home values peaked at $265,600 in 2022, outpacing state and national averages, underscoring the area as a potentially lucrative market. However, nearly doubling state and local income taxes could influence investor... Read more
Northampton County Market Trends
The median home values in Northampton County, Pennsylvania, have risen consistently over the last eight years, peaking at $265,600 in 2022, outpacing both the state and national medians. This trend highlights the county as a potentially lucrative market. Residential energy tax credits have fluctuated significantly, with a peak at $2,726.47 in 2018, suggesting the area's strong potential for... Read more
Median Value of Occupied Housing Units in Northampton County, Pennsylvania Over the Last 8 Years
The median home values in Northampton County, Pennsylvania, have seen a consistent rise over the last eight years, reaching a high of $265,600 in 2022. This upward trend outpaces both the state of Pennsylvania, with a median value of $226,200, and the national median of $179,400 for the same year. Such growth trends may suggest a buoyant real estate market in Northampton County, showcasing it as an attractive investment area compared to broader benchmarks.
Residential Energy Tax Credit Per Tax Return in Northampton County, PA Over the Last 9 Years
In Northampton County, Pennsylvania, the average residential energy tax credit per tax return has shown notable volatility over the past nine years. Following a moderate increase from $346.24 in 2013 to $649.69 in 2017, there was a massive spike to $2,726.47 in 2018, likely driven by significant policy changes or increased renewable energy adoption. However, the subsequent years saw a decrease and some fluctuation, ending at $1,132.63 in 2021. This makes the region interesting for investors and stakeholders focused on energy-efficient homes, indicating potential responsiveness to energy incentives and possibly evolving local policies or market dynamics.
Average Real Estate Taxes Per Tax Return in Northampton County, PA Over the Last 10 Years
In Northampton County, Pennsylvania, average real estate taxes per tax return have shown a steady climb over the past decade. Starting at $5,189.19 in 2012 and peaking at $7,501.15 in 2020, the upward trend is indicative of rising property values and possibly increased municipal spending. The significant jump between 2017 ($6,102.96) and 2018 ($7,337.35) could suggest a reassessment or other policy changes impacting tax rates. This trend may interest real estate agents, property investors, and potential homeowners, as high property taxes can influence both demand and pricing strategies in the area.
Percentage of Farm Returns in Northampton County, PA Over the Last 10 Years
Farm tax returns in Northampton County, Pennsylvania, have shown a gradual decline over the past decade. Starting at approximately 0.25% in 2012, the percentage of these returns has decreased to around 0.20% by 2021. For investors and those considering property development or relocation to this county, this trend may suggest a shrinking agricultural sector, which could impact land values and local economic dynamics. Understanding these shifts might be crucial for making informed decisions about real estate investments or community planning.
Number of Mortgages by Occupancy Type in Northampton County, PA Over the Last 5 Years in Northampton County
In Northampton County, Pennsylvania, over the last five years, there's been a notable fluctuation in the number of mortgages by occupancy type. Investment property mortgages saw a slight increase from 2018 to 2021 but dipped in 2022. Principal residences consistently had the highest mortgage counts, peaking significantly in 2021 before a potential decline in 2022. Second residences remained a small fraction of the total, showing only minor variations. These changes in occupancy type can impact neighborhood dynamics, property values, and investment opportunities. For investors and real estate professionals, understanding these trends is crucial for making informed decisions, as shifts in principal residences may reflect broader economic conditions or shifts in consumer preferences. Appraisers and insurance agents might also find these variations indicative of changing risk profiles.
Economic Outlook
Northampton County, Pennsylvania has experienced a notable rise in average taxable income from $61,084.60 in 2013 to $85,857.10 in 2021. This trend might hint at increasing economic vitality, potentially driving higher property values and consumer spending. However, the region has also seen average state and local income taxes per tax return nearly double from $5,278.56 in 2012 to $10,628.28 in 2021, which could weigh on decisions for investors and homeowners. Additionally, fluctuations in the... Read more
Average Taxable Income per Tax Return in Northampton County, PA over the last 9 years
In Northampton County, Pennsylvania, the average taxable income per tax return has shown a notable rise over the past nine years, from approximately $61,084.60 in 2013 to about $85,857.10 in 2021. This steady increase could indicate a growing economic vitality and potential for increased consumer spending in the region. For real estate agents, this might suggest a strong market interest, possibly leading to higher property values. Appraisers and insurance agents may infer the need for updated valuations and coverage adjustements, while those looking to invest/build property could see this as a sign of potentially lucrative opportunities.
Average State and Local Income Taxes Per Tax Return in Northampton County, PA Over the Last 10 Years
Over the last decade, Northampton County, Pennsylvania has seen a notable rise in average state and local income taxes per tax return, surging from around $5,278.56 in 2012 to approximately $10,628.28 in 2021. The upward trend, especially between 2018 and 2021, indicates a significant increase in tax burdens, which could impact decisions for potential investors, homeowners, and real estate professionals considering the area. This trend might reflect broader economic changes, increased property values, or shifts in tax policy during this period.
Average Total Tax Liability Per Tax Return in Northampton County, PA Over the Last 10 Years
Over the past decade, Northampton County, Pennsylvania has seen a significant upward trend in average total tax liability per tax return, increasing from around $9,945.48 in 2012 to approximately $14,707.71 in 2021. This trajectory suggests a marked growth in income levels or possibly changes in tax policy, which could influence investment potential and real estate dynamics. It’s notable for potential homeowners, builders, and real estate agents to consider this trend when evaluating the economic climate and fiscal responsibilities in the area.
Cost of Living in Northampton County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,843 | $1,613 | $1,650 | $1,883 | $1,677 |
1 adult 4 children | $1,843 | $1,317 | $1,267 | $1,883 | $1,793 |
2 adults 3 children | $1,843 | $1,317 | $1,429 | $1,883 | $1,412 |
1 adult 3 children | $1,843 | $1,076 | $1,046 | $1,883 | $1,557 |
2 adults 2 children | $1,438 | $1,078 | $1,208 | $1,640 | $1,124 |
1 adult 2 children | $1,438 | $806 | $825 | $1,640 | $1,170 |
2 adults 1 child | $1,438 | $852 | $987 | $851 | $980 |
1 adult 1 child | $1,438 | $551 | $604 | $851 | $879 |
2 adults | $1,136 | $685 | $766 | $0 | $754 |
1 adult | $996 | $373 | $383 | $0 | $608 |
Safety trends & Data
In Northampton County, Pennsylvania, property crime trends have shown notable fluctuations over the last five years. Larceny-theft, the most common crime, peaked in 2018 but dropped significantly by 2021 before rising again. Burglary incidents saw a considerable decrease by 2021, possibly due to improved security or economic changes. Meanwhile, forgery and counterfeiting surged in 2021 and 2022, likely driven by advancements in technology. Vandalism rates remained relatively steady, with motor... Read more
Property Crime Trends in Northampton County, PA Over the Last 5 Years
Over the last five years, property crime trends in Northampton County, Pennsylvania show fluctuating patterns. Larceny-theft, the most prevalent, peaked in 2018 and saw a significant drop in 2021 before climbing again. Burglary incidents decreased considerably, especially by 2021, which could suggest improved security measures or economic shifts. Forgery and counterfeiting numbers surged, particularly in 2021 and 2022, indicating evolving criminal tactics possibly prompted by technological advancement. Vandalism rates have been fairly steady, while other crimes like motor vehicle theft held a consistent though minimal presence. These trends might interest investors, real estate professionals, and local residents by highlighting evolving safety and security dynamics in the area.
Demographics
The adult population in Northampton County, Pennsylvania, is fairly balanced, with a slight female majority. Educational attainment shows a higher concentration of residents holding high school diplomas or some college education, though a significant number have earned bachelor's or higher degrees, suggesting a relatively educated community. The age distribution indicates a mature demographic, with the largest groups in the 55 to 64 age bracket, implying potential impacts on local healthcare... Read more
Race Distribution in Northampton County, Pennsylvania (2022)
Educational Attainment in Northampton County, Pennsylvania (2022)
Age Distribution in Northampton County, Pennsylvania
Citizen Population in Northampton County, Pennsylvania (2022)
Political Trends & Data
Northampton County, Pennsylvania, has a tightly contested political climate, according to 2020 U.S. Presidential Election results. Democrats hold a slight advantage with around 49.8% of the vote, while Republicans closely trail with 49%. Libertarians barely make a dent, pulling in just over 1% of the vote. This slim margin could suggest a competitive political environment that mirrors wider regional or national... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Northampton County, Pennsylvania, voting patterns in the 2020 U.S. Presidential Election suggest a relatively balanced political landscape. Democrats seem to edge out Republicans by a slim margin, capturing approximately 49.8% of the vote versus the Republicans' 49%. The Libertarian presence is minimal, garnering just over 1% of the vote, and there is no significant backing for Green or other minor parties. This narrow split between the major parties might indicate a competitive electoral environment, reflecting broader statewide or national trends.
49.05% of voters voted for the Republican party in the 2020 Presidential Election
49.78% 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
The student-to-teacher ratio in Northampton County, Pennsylvania, has trended downwards over the past decade, reaching 12 students per teacher in 2023 from nearly 15 in 2017. This improvement suggests more individualized attention for students and can be a sign of a quality education system. For real estate investors, a lower student-to-teacher ratio might make the area more attractive to families and potentially influence property values. Notably, the county's ratio consistently falls below... Read more
Student-to-teacher ratio in Northampton County, Pennsylvania over the last 10 years
Over the past decade, the student-to-teacher ratio in Northampton County, Pennsylvania has generally trended downwards, hitting 12 students per teacher in 2023, compared to its high of almost 15 in 2017. This reduction suggests a shift towards more individualized attention for students, potentially leading to better educational outcomes. For investors, a lower student-to-teacher ratio can be a sign of a quality education system, making the area more attractive to families. Real estate agents and insurance agents might find this data useful as it can influence property values and risk assessments. While the national average is around 14 students per teacher, Northampton County's ratio coming in consistently below this benchmark could be a noteworthy selling point for those looking to move to or invest in the area.