Sullivan County Real Estate and Livability Trends
Sullivan County, Pennsylvania, shows a consistent rise in average taxable income and median home values, with home prices growing from $145,800 in 2015 to $179,000 in 2022. However, real estate taxes have doubled over the past decade, potentially affecting investment decisions. The area also appeals to eco-conscious buyers due to increased residential energy tax credits. Smaller... Read more
Sullivan County Market Trends
Sullivan County, Pennsylvania has seen moderate but steady appreciation in median home values from $145,800 in 2015 to $179,000 in 2022, offering a more competitively priced option within the state compared to the state median rise from $166,000 to $226,200. Increasing residential energy tax credits, peaking at $666.67 in 2021, indicate a rise in sustainable home improvements, making the area... Read more
Median Value of Occupied Housing Units in Sullivan County, Pennsylvania Over the Last 8 Years
Sullivan County, Pennsylvania has seen a steady appreciation in median home values over the past eight years, starting at $145,800 in 2015 and reaching $179,000 in 2022. While these values may seem moderate when compared to the state of Pennsylvania, which saw home values increase from $166,000 in 2015 to $226,200 in 2022, they nonetheless indicate growth that could attract those seeking more affordable property within the state. The national median values, rising from $125,500 to $179,400 over the same period, suggest that while Sullivan County is aligned with national trends, it remains a more competitively priced option in Pennsylvania.
Residential Energy Tax Credit Per Tax Return in Sullivan County, PA Over the Last 7 Years
Residential energy tax credits in Sullivan County, Pennsylvania have shown a general upward trend over the past seven years, moving from $266.67 in 2013 to a high of $666.67 in 2021. Notable peaks and troughs occurred in 2014 with $428.57 and in 2020 with $500.00, indicating increased investments in energy-efficient home improvements. This suggests growing local interest in sustainable living, potentially making Sullivan County an attractive location for eco-conscious homebuyers and investors seeking properties with upgraded energy systems. For real estate agents, this information could be vital for marketing homes with green features, and appraisers and insurance agents might also find the trend indicative of higher property values and lower risk considerations.
Average Real Estate Taxes Per Tax Return in Sullivan County, PA Over the Last 10 Years
Sullivan County, Pennsylvania, has seen a significant upward trend in average real estate taxes over the past decade, rising from approximately $3,202.04 in 2012 to $6,744.44 in 2021. Notably, there was a sharp increase between 2018 and 2019, where taxes surged from around $4,608.33 to $6,650.00. This continued escalation in property taxes may impact real estate market dynamics, potentially affecting property values, rental yields, and overall cost of living, which could be critical for investors, potential homeowners, and industry professionals to consider.
Percentage of Farm Returns in Sullivan County, PA Over the Last 10 Years
Over the last decade, Sullivan County, Pennsylvania has seen farm tax returns hover around 3.7% to 4.0%, with minor fluctuations each year. These figures suggest a somewhat stable trend in the agricultural sector, though there were slight dips in 2017 and 2020. Farm tax returns, which are essentially the income tax filed by farmers, provide key insights into the economic vitality and productivity of the farming community. For investors or potential residents interested in Sullivan County, the steady percentage of farm returns might indicate a resilient agricultural presence, potentially contributing to stable property values and community growth.
Number of Mortgages by Occupancy Type in Sullivan County, PA Over the Last 5 Years in Sullivan County
Sullivan County, Pennsylvania, has seen notable fluctuations in mortgage counts across different occupancy types over the past five years. Investment property mortgages remain the least common, peaking at just 22 in 2021. In contrast, principal residences consistently dominate, reaching a high of 293 in 2021. Second residences show more variability, with an interesting spike to 103 in the same year. These occupancy type trends provide critical insights for investors seeking stable opportunities, homeowners gauging the residential appeal, and real estate agents predicting market dynamics. Appraisers and insurance agents equally benefit as shifts in occupancy can influence property valuation and risk assessment. Builders can capitalize on increased demand for certain occupancy types, helping shape development strategies for future growth.
Economic Outlook
In Sullivan County, Pennsylvania, the average taxable income per tax return has generally risen over the past nine years, growing from $50,214.58 in 2013 to $66,301.02 in 2021, suggesting possible economic growth or improved earning potential. Notably, state and local income taxes per tax return surged dramatically, peaking at $9,433.33 in 2019, indicating an increased tax burden that could influence investment and relocation decisions. The total tax liability per return also fluctuated, with a... Read more
Average Taxable Income per Tax Return in Sullivan County, PA over the last 9 years
Over the past nine years, Sullivan County, Pennsylvania has generally seen an upward trend in average taxable income per tax return, fluctuating from $50,214.58 in 2013 to $66,301.02 in 2021. Notably, significant increases occurred in 2018 and 2021, reaching peaks of $58,795.76 and $66,301.02 respectively. These figures might suggest gradual economic growth or improved earning potential in the region, making it relatively attractive for prospective homebuyers, investors, and businesses. However, the fluctuations imply some economic variability that stakeholders should consider.
Average State and Local Income Taxes Per Tax Return in Sullivan County, PA Over the Last 10 Years
Average state and local income taxes per tax return in Sullivan County, Pennsylvania have shown a notable increase over the past decade, with a significant spike around 2018 and 2019. Taxes jumped from around $4,850.00 in 2017 to a high of $9,433.33 in 2019 before tapering off slightly to $8,066.67 by 2021. This trend suggests a rising tax burden in recent years, which could impact decisions for potential investors, property builders, and those considering relocating to the area. Appraisers and insurance agents may also need to consider this increase in their assessments. Real estate agents should be aware of these fluctuating tax rates when advising clients.
Average Total Tax Liability Per Tax Return in Sullivan County, PA Over the Last 10 Years
Over the past decade in Sullivan County, Pennsylvania, the average total tax liability per return has varied, with noticeable peaks and fluctuations. This trend means potential investors or residents should be aware of potential tax increases, exemplified by the highest liability in 2021 at $10,043.16—nearly a 50% increase from the 2012 figure of $6,943.19. Such variances might impact property appraisals and real estate market dynamics, possibly influencing decisions on purchasing or developing property. For insurance agents and appraisers, understanding these trends could be significant for accurately assessing financial risk and property values.
Cost of Living in Sullivan County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,167 | $1,399 | $1,655 | $1,504 | $1,189 |
| 1 adult 4 children | $1,167 | $1,143 | $1,262 | $1,504 | $1,295 |
| 2 adults 3 children | $1,167 | $1,143 | $1,438 | $1,504 | $989 |
| 1 adult 3 children | $1,167 | $933 | $1,045 | $1,504 | $1,071 |
| 2 adults 2 children | $821 | $936 | $1,221 | $1,307 | $833 |
| 1 adult 2 children | $821 | $699 | $828 | $1,307 | $763 |
| 2 adults 1 child | $821 | $740 | $1,004 | $666 | $738 |
| 1 adult 1 child | $821 | $478 | $611 | $666 | $620 |
| 2 adults | $686 | $594 | $787 | $0 | $615 |
| 1 adult | $605 | $324 | $394 | $0 | $508 |
Safety trends & Data
In Sullivan County, Pennsylvania, property crime trends over the past four years have shown notable fluctuations. Burglary and larceny-theft incidents spiked in 2021 with 16 and 18 cases, respectively, before slightly declining in 2022. Fraud cases jumped to 12 in 2019, dropped to 5 in 2021, and then increased again to 9 in 2022. Vandalism surged to 16 cases in 2021 but dropped to 6 in 2022. These crime dynamics could potentially affect property values and insurance premiums, making it... Read more
Property Crime Trends in Sullivan County, PA Over the Last 4 Years
In Sullivan County, Pennsylvania, property crime trends over the past four years show notable fluctuations. Burglary and larceny-theft incidents have seen significant increases, peaking in 2021 with 16 and 18 cases respectively, before slightly declining in 2022. Fraud, a persistent issue, rose sharply to 12 cases in 2019 but saw a reduction to 5 in 2021, and bounced back to 9 in 2022. Vandalism incidents surged to 16 in 2021, after a high in 2018, before dropping to 6 in 2022. Investors, real estate agents, and potential residents should be aware of these crime dynamics as they may influence property values and insurance premiums.
Demographics
Sullivan County, Pennsylvania shows an almost equal distribution of adult males and females. Education-wise, a significant portion holds at least a high school diploma, with small numbers pursuing higher education. The age profile skews older, suggesting a mature population with a noticeable number of residents aged 55 and above. The racial makeup is predominantly White, with minimal representation from other racial... Read more
Race Distribution in Sullivan County, Pennsylvania (2022)
Educational Attainment in Sullivan County, Pennsylvania (2022)
Age Distribution in Sullivan County, Pennsylvania
Citizen Population in Sullivan County, Pennsylvania (2022)
Political Trends & Data
Sullivan County, Pennsylvania, exhibited a strong conservative tilt in the 2020 U.S. Presidential Election, with roughly 73% of voters leaning Republican. Democrats captured about 26%, reflecting a lesser foothold, while Libertarians hovered around 1%. This political landscape hints at a predominantly rural constituency, which might influence local governance and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Sullivan County, Pennsylvania, the 2020 U.S. Presidential Election results seemingly leaned heavily Republican, with about 73% casting their votes for the GOP. Democrats might have found less support in the area, capturing around 26% of the vote. Libertarians appeared to garner minimal traction, securing just over 1%. This suggests a predominantly conservative voter base, potentially indicative of rural political dynamics in the region.
72.85% of voters voted for the Republican party in the 2020 Presidential Election
25.62% of voters voted for the Democrat party in the 2020 Presidential Election
1.53% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Sullivan County, Pennsylvania, has fluctuating student-to-teacher ratios over the past decade, ranging from 11.8 to 13.35, typically below the national average of 14. Smaller class sizes might appeal to families, indicating a potentially more personalized educational experience. Real estate agents and home appraisers could leverage this for enhanced property values, while insurance agents might see a lower risk environment due to stable local... Read more
Student-to-teacher ratio in Sullivan County, Pennsylvania over the last 10 years
Sullivan County, Pennsylvania, has seen fluctuating student-to-teacher ratios over the past decade, with numbers ranging from 11.8 to 13.35. In recent years, the ratio has been under the national average of 14 students per teacher, indicating relatively smaller class sizes. For investors, this could potentially imply a more personalized educational experience, which might be appealing to families considering moving to the area. Also, home appraisers and real estate agents could leverage this information, as favorable educational metrics often enhance property values. Insurance agents may note the stable local demographics reflected by consistent educational infrastructure, which could suggest a lower risk environment.
