Schuylkill County Real Estate and Livability Trends
Schuylkill County, Pennsylvania has seen a notable rise in average taxable income from approximately $47,217.90 in 2013 to about $62,301.53 by 2021. Despite this, local and state income taxes nearly tripled, reaching around $11,555.80 in 2021, altering the financial landscape for residents and investors. Property values have grown, with median home values increasing from $93,000 in 2015 to... Read more
Schuylkill County Market Trends
Schuylkill County's median home values have shown steady growth, reaching $127,900 in 2022 from $93,000 in 2015, but remain lower compared to Pennsylvania’s state median of $226,200. Significant fluctuations in residential energy tax credits, especially the peak of $2,123.08 in 2018, hint at shifting energy policies that could benefit sustainability-focused homeowners. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Schuylkill County, Pennsylvania Over the Last 8 Years
Schuylkill County's housing market has experienced steady growth over the last eight years, with median home values rising from $93,000 in 2015 to $127,900 in 2022. While this shows a consistent upward trend, it's still relatively lower compared to Pennsylvania's state median, which went from $166,000 to $226,200 in the same period, and the national median escalating from $125,500 to $179,400. This growth disparity might suggest investment opportunities due to potentially undervalued properties within Schuylkill County.
Residential Energy Tax Credit Per Tax Return in Schuylkill County, PA Over the Last 9 Years
Schuylkill County, Pennsylvania has seen a notable increase and fluctuation in the average residential energy tax credit per tax return over the last nine years. Starting around $423.15 in 2013, the credit values varied modestly until 2017 when they spiked significantly to $639.62. Remarkably, 2018 saw an extraordinary surge to $2,123.08, more than tripling the previous high. Though the credits dropped in subsequent years, they have remained considerably higher than the early 2010s, with the most recent value being $1,133.33 in 2021. This volatility could indicate shifting policies or incentives related to energy efficiency improvements, appealing to investors and homeowners focused on sustainability and potential tax benefits.
Average Real Estate Taxes Per Tax Return in Schuylkill County, PA Over the Last 10 Years
Over the last decade, Schuylkill County, Pennsylvania has witnessed a notable increase in average real estate taxes per tax return, starting from approximately $3,212.52 in 2012 and peaking at $5,468.21 in 2020. A sharp spike was observed in 2018, jumping to $5,015.00, followed by a steady rise until 2020, after which there was a minor decline to $5,249.30 by 2021. This trend might indicate an increasing property valuation or changes in tax policies, crucial for potential investors, appraisers, and real estate agents to consider. Understanding these fluctuations can aid in making informed decisions about property investments, insurance, and appraisals in the area.
Percentage of Farm Returns in Schuylkill County, PA Over the Last 10 Years
Over the last decade, Schuylkill County, Pennsylvania, has experienced fluctuating percentages of farm tax returns, averaging around 0.76%. These returns saw slight dips in years like 2014 and 2020 but peaked in 2018 at 0.82%. Farm tax returns, which are indicative of agricultural activity, can offer insights into the economic conditions and land use trends in the area. This data might suggest varying levels of farming income, investment, and potential viability for agricultural ventures, which are crucial for anyone looking to invest, move, or build property in Schuylkill County.
Number of Mortgages by Occupancy Type in Schuylkill County, PA Over the Last 5 Years in Schuylkill County
Over the last five years, Schuylkill County, Pennsylvania has seen a fluctuating number of mortgages with principal residences consistently dominating the market. While there was a notable increase in principal residence mortgages peaking in 2021, investment property mortgages remained relatively stable, showing a slight upward trend. Second residence mortgages saw minor variations, indicating limited interest in secondary homes. This dynamic suggests shifting priorities and potentially evolving economic conditions that could influence decisions for investors, potential homebuyers, builders, real estate agents, appraisers, and insurance agents. Understanding these trends is crucial for anticipating market demand and making informed decisions in property-related ventures.
Economic Outlook
Schuylkill County, Pennsylvania has seen a steady rise in average taxable income per tax return, climbing from approximately $47,217.90 in 2013 to about $62,301.53 by 2021, suggesting a growing economic base that could attract investors and higher-end property buyers. However, the average state and local income taxes have also surged, nearly tripling to around $11,555.80 by 2021, affecting the financial landscape for residents and investors alike. Despite these changes, the poverty rate has... Read more
Average Taxable Income per Tax Return in Schuylkill County, PA over the last 9 years
Schuylkill County, Pennsylvania has experienced a consistent increase in average taxable income per tax return over the past nine years. In 2013, the average was approximately $47,217.90, climbing to about $62,301.53 by 2021. This upward trend suggests a growing economic base, potentially making the area more attractive for investors, newcomers, and real estate professionals. It could also impact property appraisals, insurance premiums, and infrastructure investments. Real estate agents might find the increasing income levels useful for targeting higher-end property listings, while those living in or moving to the area may appreciate the likely improved economic stability.
Average State and Local Income Taxes Per Tax Return in Schuylkill County, PA Over the Last 10 Years
Schuylkill County, Pennsylvania has seen a notable increase in average state and local income taxes per tax return over the past decade, rising from approximately $4,636.84 in 2012 to around $11,555.80 in 2021. This steady upward trend suggests that the tax burden on residents has significantly grown, which could impact decisions for potential investors, homebuyers, and business owners. The sharp spike post-2017, culminating in the near doubling from 2018 onwards, demands attention for any financial planning or economic forecasting in the area. Understanding these changes is crucial for appraisers, insurance agents, and real estate professionals when considering property values and market dynamics in Schuylkill County.
Average Total Tax Liability Per Tax Return in Schuylkill County, PA Over the Last 10 Years
Over the past decade, Schuylkill County, Pennsylvania has seen a notable rise in the average total tax liability per tax return. Starting at $7,081.84 in 2012, it followed an upward trajectory to reach $9,397.09 by 2021. Noteworthy years include 2017, where a significant jump to $8,351.88 revealed possible economic events impacting tax liabilities, and a peak in 2021 suggesting a potential reflection of recent financial policies or economic conditions. This trend could be essential for investors, real estate professionals, and analysts forecasting regional economic health, property market trends, or calculating financial risks and benefits.
Cost of Living in Schuylkill County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,114 | $1,428 | $1,659 | $1,267 | $1,032 |
| 1 adult 4 children | $1,114 | $1,166 | $1,264 | $1,267 | $1,099 |
| 2 adults 3 children | $1,114 | $1,166 | $1,441 | $1,267 | $846 |
| 1 adult 3 children | $1,114 | $952 | $1,047 | $1,267 | $881 |
| 2 adults 2 children | $843 | $955 | $1,224 | $1,102 | $749 |
| 1 adult 2 children | $843 | $713 | $829 | $1,102 | $652 |
| 2 adults 1 child | $843 | $755 | $1,006 | $564 | $684 |
| 1 adult 1 child | $843 | $487 | $612 | $564 | $565 |
| 2 adults | $652 | $606 | $789 | $0 | $573 |
| 1 adult | $648 | $331 | $394 | $0 | $492 |
Safety trends & Data
Schuylkill County, Pennsylvania has seen a decrease in property crimes over the last five years, with notable drops in larceny-theft and burglary rates. Larceny-theft fell from 500 arrests in 2019 to 175 in 2022, and burglary from 61 in 2018 to just 9 in 2021. In contrast, arson incidents slightly rose, peaking at 9 in 2020. The overall trend suggests a potentially improving security environment, which could be a significant factor for real estate development and community wellbeing. However,... Read more
Property Crime Trends in Schuylkill County, PA Over the Last 5 Years
Schuylkill County, Pennsylvania has shown notable fluctuations in property crimes over the past five years, highlighting trends that investors and residents might find significant. While larceny-theft has consistently remained the most prevalent crime, its occurrence has seen a decline from a high of 500.00 arrests in 2019 to 175.00 in 2022. Burglary rates have similarly decreased sharply, from 61.00 in 2018 to just 9.00 in 2021. In contrast, arson incidents have slightly risen, peaking at 9.00 in 2020. Vandalism, while fluctuating, has also seen a decrease, dropping to 64.00 arrests in 2022 from a peak of 99.00 in 2018. This overall decline in various property crime rates might indicate an improving security environment, which is a crucial factor for real estate development, insurance assessments, and general community wellbeing in the area. However, potential investors and residents should remain informed about areas like motor vehicle theft and fraud, which show inconsistent trends.
Demographics
Schuylkill County, Pennsylvania, demonstrates a diverse demographic with interesting variations across age, education, and race. While the population skews slightly male, there's a notable portion of the community with high school education, although fewer hold higher academic degrees. The largest age groups are those between 25 and 54, hinting at a potentially stable workforce. Racially, the county remains predominantly white, with small minorities of Black or African American, Asian, and... Read more
Race Distribution in Schuylkill County, Pennsylvania (2022)
Educational Attainment in Schuylkill County, Pennsylvania (2022)
Age Distribution in Schuylkill County, Pennsylvania
Citizen Population in Schuylkill County, Pennsylvania (2022)
Political Trends & Data
In Schuylkill County, Pennsylvania, the 2020 U.S. Presidential Election revealed a significant Republican preference, with around 69% of votes going to the GOP. The Democratic Party received about 29%, and the Libertarian Party claimed a little over 1%. This trend may highlight regional socio-economic factors or ideological leanings that could impact local real estate demand, investment decisions, and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Schuylkill County, Pennsylvania, the 2020 U.S. Presidential Election saw a significant lean towards the Republican Party, which garnered around 69% of the vote. The Democratic Party trailed with approximately 29%, while the Libertarian Party captured a marginal share of just over 1%. There was no noticeable support for the Green Party or other parties. This voting pattern could reflect broader regional political inclinations and might be indicative of local socio-economic factors or ideological leanings.
69.22% of voters voted for the Republican party in the 2020 Presidential Election
29.36% of voters voted for the Democrat party in the 2020 Presidential Election
1.42% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Schuylkill County, Pennsylvania, has stayed slightly below the national average of 14 students per teacher, peaking at nearly 14 in 2017 and dropping to around 13 in other years. This consistently low ratio might suggest a quality educational environment, which could impact property values positively. For real estate agents and investors, this stable educational metric could inspire confidence in market stability, hinting at a potentially robust community for new... Read more
Student-to-teacher ratio in Schuylkill County, Pennsylvania over the last 10 years
The student-to-teacher ratio in Schuylkill County, Pennsylvania, has remained slightly below the national average of 14 students per teacher over the past decade. The ratio fluctuated from a high of nearly 14 in 2017 to a low of around 13 in multiple years, suggesting generally favorable conditions for student attention and educational quality. For potential investors, new residents, or property builders, this relatively low student-to-teacher ratio may signal a robust educational environment, which could in turn influence property values positively. Real estate agents and appraisers might find the stable educational metric reassuring for market confidence, and insurance agents could view it as a positive indicator of community stability.
