Snyder County Real Estate and Livability Trends
In Snyder County, Pennsylvania, the average taxable income per tax return has risen from $44,932.89 in 2013 to $61,311.09 in 2021, potentially indicating a strengthening local economy. Concurrently, median home values jumped from $144,700 in 2015 to $197,300 in 2022, suggesting investment opportunities due to strong growth yet lower median values than the national average. Real estate taxes... Read more
Snyder County Market Trends
In Snyder County, Pennsylvania, median home values have risen steadily from $144,700 in 2015 to $197,300 in 2022, outpacing the national average but still trailing the state. This suggests possible investment opportunities given its lower median values and strong growth. The average residential energy tax credit per tax return peaked at $4,500.00 in 2018, hinting at increased investment in... Read more
Median Value of Occupied Housing Units in Snyder County, Pennsylvania Over the Last 8 Years
Over the last eight years, median home values in Snyder County, Pennsylvania have seen steady growth, climbing from $144,700 in 2015 to $197,300 in 2022. This local increase reflects a more consistent rise compared to the national trend, with Snyder County's values significantly outpacing the U.S. average, which went from $125,500 to $179,400 in the same period. Snyder County's trajectory mirrors statewide growth, yet it still trails Pennsylvania's figures, which surged from $166,000 in 2015 to $226,200 in 2022. This divergence suggests potential investment opportunities in Snyder County given its relatively lower median values juxtaposed with robust growth dynamics.
Residential Energy Tax Credit Per Tax Return in Snyder County, PA Over the Last 9 Years
Over the past nine years in Snyder County, Pennsylvania, the average residential energy tax credit per tax return has shown some volatility. The most significant uptick was in 2018, peaking at $4500.00, which might be indicative of heightened investment in energy-efficient home improvements. While fluctuations are evident, the general trend suggests that residents are increasingly leveraging these credits, with year-to-year changes potentially reflecting the broader economic climate and policy shifts. This dynamic is crucial for potential investors, real estate agents, or insurance agents, as it may signal a community progressively committed to sustainable living and energy efficiency.
Average Real Estate Taxes Per Tax Return in Snyder County, PA Over the Last 10 Years
Over the past decade, Snyder County, Pennsylvania has seen a significant increase in average real estate taxes per tax return, starting at approximately $2,794.63 in 2012 and peaking at around $4,398.31 in 2019. This upward trend suggests rising property values and potentially increased municipal funding needs. For real estate investors, home buyers, and related professionals, this highlights the escalating cost associated with property ownership in the area, which could affect overall investment returns and affordability. This data is crucial for appraisers, insurance agents, and real estate agents to consider when advising clients and setting property values.
Percentage of Farm Returns in Snyder County, PA Over the Last 10 Years
Over the last decade, the percentage of farm returns in Snyder County, Pennsylvania has hovered around 4.12% to 4.28%. For those considering investing or building in the area, this relatively stable trend may indicate a consistent agricultural presence. Farm tax returns, which refer to the income tax filed by farm operations, can serve as a barometer for the health and viability of agriculture in the region. Steady percentages suggest enduring agricultural activity, which could be reassuring for potential real estate development or investment seeking areas with established farming communities.
Number of Mortgages by Occupancy Type in Snyder County, PA Over the Last 5 Years in Snyder County
Over the last 5 years in Snyder County, Pennsylvania, there has been noticeable variability in the number of mortgages based on occupancy type. Principal residences consistently lead in mortgage counts, peaking in 2021 with 1256, indicating robust demand for primary homes. Investment properties fluctuate but show a slight upward trend, suggesting growing interest in rental or business properties. Second residences remain relatively stable but low, implying limited demand for vacation or secondary homes. Changes in occupancy type could influence local housing markets, property values, and neighborhood dynamics, making it crucial for investors, builders, and real estate agents to monitor these trends closely.
Economic Outlook
In Snyder County, Pennsylvania, average taxable income per tax return has experienced a notable rise over the past nine years, climbing from $44,932.89 in 2013 to $61,311.09 in 2021. This income boost might hint at a strengthening local economy, making the area more appealing to real estate investors and developers. Concurrently, average state and local income taxes per tax return have surged from $4,957 in 2012 to $9,695 in 2021, which may influence household budgets and disposable income. The... Read more
Average Taxable Income per Tax Return in Snyder County, PA over the last 9 years
In Snyder County, Pennsylvania, the average taxable income per tax return has shown a relatively steady increase over the past nine years, jumping from $44,932.89 in 2013 to $61,311.09 in 2021. This growth trend might suggest a strengthening local economy, potentially making the county more attractive for investors and real estate developers. As incomes rise, there could be greater demand for housing and services, impacting property values and insurance premiums. For appraisers and insurance agents, understanding this trajectory is crucial for accurate assessments and risk management.
Average State and Local Income Taxes Per Tax Return in Snyder County, PA Over the Last 10 Years
The last decade has shown a notable increase in average state and local income taxes per tax return in Snyder County, Pennsylvania. Starting from approximately $4,957 in 2012, the values have seen a steady climb, peaking at nearly $9,695 in 2021. This trend likely signals stronger local revenue generation but may also impact household budgets and disposable income. For those looking to invest or move to Snyder County, understanding these shifts could be crucial in financial planning and forecasting future expenditures.
Average Total Tax Liability Per Tax Return in Snyder County, PA Over the Last 10 Years
Over the past decade, Snyder County, Pennsylvania has seen a notable increase in average total tax liability per tax return, rising from approximately $5,843.04 in 2012 to $8,272.33 in 2021. This upward trend could suggest a combination of factors such as rising incomes, property values, or potentially changing tax policies in the area. For real estate agents and potential investors, this data could imply that the local economy is experiencing growth, which might make Snyder County a more attractive investment or relocation destination. Insurance agents and appraisers might also consider these trends as indicators of increasing property values and market activity, which could impact coverage costs and property appraisals.
Cost of Living in Snyder County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,114 | $1,440 | $1,936 | $1,386 | $1,201 |
| 1 adult 4 children | $1,114 | $1,176 | $1,479 | $1,386 | $1,280 |
| 2 adults 3 children | $1,114 | $1,176 | $1,681 | $1,386 | $988 |
| 1 adult 3 children | $1,114 | $960 | $1,224 | $1,386 | $1,042 |
| 2 adults 2 children | $846 | $963 | $1,426 | $1,204 | $852 |
| 1 adult 2 children | $846 | $719 | $968 | $1,204 | $768 |
| 2 adults 1 child | $846 | $761 | $1,171 | $615 | $763 |
| 1 adult 1 child | $846 | $492 | $713 | $615 | $629 |
| 2 adults | $734 | $611 | $915 | $0 | $652 |
| 1 adult | $733 | $333 | $458 | $0 | $558 |
Safety trends & Data
Property crime rates in Snyder County, Pennsylvania have seen significant fluctuations over the past five years, with a notable spike in Larceny-Theft reaching 175 reported cases in 2019. A sharp decline followed in 2020, likely influenced by pandemic restrictions. While Fraud and Vandalism remained relatively stable, they peaked again in 2022. These trends may present varying levels of risk and community safety, potentially affecting property values and insurance premiums for real estate... Read more
Property Crime Trends in Snyder County, PA Over the Last 5 Years
Property crime rates in Snyder County, Pennsylvania show noticeable fluctuations over the past five years. The most significant spike occurred in 2019, particularly in Larceny-Theft, which reached 175 reported cases. However, there was a marked decline in 2020, possibly due to heightened restrictions and reduced opportunities for crime during the pandemic. Categories like Fraud and Vandalism remained relatively stable but peaked again in 2022. For real estate professionals, insurer, and potential investors, these trends could hint at varying levels of risk and community safety, impacting property values and insurance premiums accordingly.
Demographics
In Snyder County, Pennsylvania, there is a slight gender imbalance with females outnumbering males. The educational attainment reveals a significant portion of the population with high school diplomas, while fewer residents have pursued higher education degrees. Age-wise, the county shows a diverse spread across all age groups, with a notable number of residents over the age of 75. Racially, the county is predominantly White, with very small percentages of other racial groups. This demographic... Read more
Race Distribution in Snyder County, Pennsylvania (2022)
Educational Attainment in Snyder County, Pennsylvania (2022)
Age Distribution in Snyder County, Pennsylvania
Citizen Population in Snyder County, Pennsylvania (2022)
Political Trends & Data
Snyder County, Pennsylvania, trends solidly Republican with over 73% of the votes, reflecting a strong conservative inclination in local policies and political behavior. Democratic support stands at approximately 25.6%, with Libertarians pulling around 1.3%. This landscape suggests low viability for third-party candidates and potential continuity in conservative-driven decision-making. The voting patterns might affect local real estate, possibly focusing on lower taxes and conservative property... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Snyder County, Pennsylvania, skews heavily Republican with over 73% of the votes, while Democrats garnered approximately 25.6%. Libertarians secured a small fraction at around 1.3%. The dominance of Republican votes suggests a strong conservative leaning in the area, which could imply certain policy preferences and political behaviors characteristic of such regions. However, the negligible support for third-party candidates might indicate limited interest or viability for alternative political movements in this county.
73.06% of voters voted for the Republican party in the 2020 Presidential Election
25.65% of voters voted for the Democrat party in the 2020 Presidential Election
1.29% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Snyder County, Pennsylvania has experienced a notable decline in its student-to-teacher ratio, dropping from over fifteen students per teacher during 2014 to 2018, to just under fourteen in recent years. This downward trend, while still slightly above the national average, could signal improved educational quality and smaller class sizes—factors that may attract families prioritizing education. For real estate stakeholders, these shifts might enhance the county's appeal for young families,... Read more
Student-to-teacher ratio in Snyder County, Pennsylvania over the last 10 years
Snyder County, Pennsylvania has seen a gradual shift in its student-to-teacher ratio over the past decade. Peaking at over fifteen students per teacher from 2014 to 2018, the ratio has recently fallen to just under fourteen in 2022 and 2023. While still slightly above the national average of 14 students per teacher, this downward trend might suggest enhanced educational focus and smaller class sizes, an appealing factor for families considering a move. For real estate agents, investors, and builders, the lower student-to-teacher ratio could indicate an increasingly attractive area for young families prioritizing education. Similarly, appraisers and insurance agents might consider the quality of education as a contributing factor to property values and risk assessment respectively.
