Susquehanna County Real Estate and Livability Trends
Susquehanna County, Pennsylvania has seen a notable economic upswing, with average taxable income per tax return climbing from $51,974.47 in 2016 to $78,075.42 by 2021, potentially signaling an attractive investment climate. Elevated state and local income taxes, jumping from $5,481.98 in 2012 to $11,278.33 by 2021, suggest cost-of-living adjustments affecting property values. Median home values... Read more
Susquehanna County Market Trends
Median home values in Susquehanna County, Pennsylvania climbed to $199,000 in 2022, reflecting a 32.3% increase since 2015, which is slightly behind the statewide growth but still outpacing the national trend. Real estate taxes per tax return have risen from $3,217.42 in 2012 to $5,382.76 in 2021, indicating an escalating cost of property ownership. The region has seen significant volatility in... Read more
Median Value of Occupied Housing Units in Susquehanna County, Pennsylvania Over the Last 8 Years
Median home values in Susquehanna County, Pennsylvania have experienced a gradual climb over the past eight years, ending at $199,000 in 2022. This represents around a 32.3% increase since 2015. When compared to the statewide trajectory, Susquehanna County's growth rate appears more modest, as Pennsylvania's median home values jumped to $226,200 by 2022, translating to a 36.3% rise. Still, both local and state figures outpace the national trend, where values increased by about 42.9% to reach $179,400 in the same period. This could suggest that Susquehanna County's real estate market is relatively stable, making it potentially appealing for long-term investment or for those seeking a more affordable option within Pennsylvania.
Residential Energy Tax Credit Per Tax Return in Susquehanna County, PA Over the Last 9 Years
Susquehanna County, Pennsylvania has seen notable fluctuations in the average residential energy tax credit per tax return over the last nine years. After a decline from $512.07 in 2013 to $403.13 in 2016, there was a significant increase to $1,400.00 in 2018 and a peak of $1,800.00 in 2019. Although the credit dropped to $810.00 in 2020, it rebounded to $1,142.31 in 2021. This volatility may suggest variations in energy efficiency investments and improvements among residents, potentially driven by changing policies or incentives. Investors, real estate agents, and those looking to build property could see this as an indicator of the community's evolving focus on energy efficiency, a factor likely relevant for appraisals and insurance insights.
Average Real Estate Taxes Per Tax Return in Susquehanna County, PA Over the Last 10 Years
Real estate taxes per tax return in Susquehanna County, Pennsylvania, have shown a general upward trend over the past decade. Starting at $3,217.42 in 2012, the values have consistently increased, reaching $5,382.76 in 2021. Notable jumps particularly between 2017 and 2018 ($4,783.10) and 2020 and 2021 ($5,382.76) might indicate adjustments in tax rates or property value reassessments. This trend suggests a rising cost of property ownership in the area, which could impact decisions for potential buyers, investors, and property developers.
Percentage of Farm Returns in Susquehanna County, PA Over the Last 10 Years
Over the last decade, Susquehanna County in Pennsylvania has generally seen slight fluctuations in the percentage of farm tax returns. Starting from 3.12% in 2012, the figure peaked at around 3.22% in 2016 before showing a modest decline to approximately 2.85% by 2021. Farm tax returns reflect the number of tax filings from agricultural operations, which can indicate the area's reliance on or the growth of farming activities—a crucial factor for those considering agricultural investments, property development, or even relocation plans. The overall trend suggests a marginal decrease in farming activities, potentially hinting at shifts in economic focus or challenges within the local agricultural sector.
Number of Mortgages by Occupancy Type in Susquehanna County, PA Over the Last 5 Years in Susquehanna County
Susquehanna County, Pennsylvania has seen varying trends in mortgage counts over the past five years, with principal residences consistently dominating the landscape, peaking at 1,724 in 2021. Investment properties and second residences show relatively marginal figures, with investment properties showing a slight ebb from 64 mortgages in 2019 to just 59 in 2022. Shifts in occupancy types may signal changing demands or preferences in the housing market, which can inform decisions for investors, builders, and real estate agents. Understanding these trends can also aid appraisers and insurance agents in assessing property values and risk profiles accurately. Additionally, for prospective residents, this data might hint at the evolving community dynamics and availability of different housing types.
Economic Outlook
Over the past nine years, Susquehanna County, Pennsylvania, has seen a significant increase in average taxable income per tax return, rising sharply from approximately $51,974.47 in 2016 to $78,075.42 by 2021. This trend suggests growing economic resilience, which might attract investors and builders looking to tap into the county's rising affluence. The average state and local income taxes per tax return have also surged, essentially doubling from $5,481.98 in 2012 to $11,278.33 by 2021,... Read more
Average Taxable Income per Tax Return in Susquehanna County, PA over the last 9 years
Over the past nine years, Susquehanna County, Pennsylvania, has experienced fluctuations in average taxable income per tax return, with some years seeing notable increases. After a dip in 2016 to approximately $51,974.47, the county saw a sharp rise in 2019 and a significant jump by 2021 to $78,075.42. This steady growth trend indicates potential economic resilience and might attract investors and builders considering the area's increasing affluence. Real estate agents and appraisers could find these patterns useful for market evaluations, while insurance agents might see implications for policy adjustments based on changing income levels.
Average State and Local Income Taxes Per Tax Return in Susquehanna County, PA Over the Last 10 Years
Susquehanna County, Pennsylvania has seen a significant increase in average state and local income taxes per tax return over the last decade, starting from $5,481.98 in 2012 and reaching up to $11,278.33 by 2021. Noticeable spikes occurred in 2018 and beyond, with a steep rise to $8,282.61 in 2018 followed by further jumps to over $10,000 in 2019 and 2020. This trend could potentially impact investment decisions, property valuations, and the overall cost of living in the area, making it a key consideration for investors, real estate agents, and current residents.
Average Total Tax Liability Per Tax Return in Susquehanna County, PA Over the Last 10 Years
Over the past decade in Susquehanna County, Pennsylvania, average total tax liability per tax return has fluctuated significantly, peaking notably at $13,741.68 in 2021, which suggests a potential rise in taxable income or changes in tax policy. Periods of notable increases, like from 2018 to 2019 and 2020 to 2021, may reflect economic shifts or demographic changes, worth investigating for those considering investment opportunities or evaluating property values. The relative volatility seen in these figures could be crucial for real estate agents, appraisers, and insurance agents aiming to understand the financial landscape of the area. For potential residents or investors, this data supports a need for a thorough analysis of the economic conditions during these years to make informed decisions.
Cost of Living in Susquehanna County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,148 | $1,613 | $1,655 | $1,504 | $1,256 |
| 1 adult 4 children | $1,148 | $1,317 | $1,262 | $1,504 | $1,352 |
| 2 adults 3 children | $1,148 | $1,317 | $1,438 | $1,504 | $1,037 |
| 1 adult 3 children | $1,148 | $1,076 | $1,045 | $1,504 | $1,110 |
| 2 adults 2 children | $890 | $1,078 | $1,221 | $1,307 | $888 |
| 1 adult 2 children | $890 | $806 | $828 | $1,307 | $822 |
| 2 adults 1 child | $890 | $852 | $1,004 | $666 | $784 |
| 1 adult 1 child | $890 | $551 | $611 | $666 | $653 |
| 2 adults | $686 | $685 | $787 | $0 | $633 |
| 1 adult | $656 | $373 | $394 | $0 | $528 |
Safety trends & Data
Over the last five years, Susquehanna County, Pennsylvania has seen fluctuating property crime rates, with notable drops in burglary and larceny-theft from highs of 25.0 and 66.0 in 2018 to lows of 3.0 and 7.0 by 2021. Interestingly, 2022 saw a resurgence in these crimes, with burglary spiking to 22.0 and larceny-theft rebounding to 32.0. Motor vehicle theft also mirrored this trend, declining from 18.0 in 2018 to 3.0 in 2021, only to rise again to 12.0 in 2022. Despite a peak in vandalism at... Read more
Property Crime Trends in Susquehanna County, PA Over the Last 5 Years
Over the last five years, Susquehanna County in Pennsylvania has experienced fluctuating property crime rates. Burglary saw a significant drop from 25.0 in 2018 to a low of 3.0 in 2021, but it spiked back to 22.0 in 2022. Larceny-Theft, which was initially the most prevalent crime, decreased remarkably from 66.0 in 2018 to just 7.0 in 2020, though it partially rebounded to 32.0 in 2022. Motor Vehicle Theft followed a similar pattern of decline in numbers from 18.0 in 2018, reaching a low of 3.0 in 2021, before rising again to 12.0 in 2022. Vandalism cases peaked at 27.0 in 2019 but have generally trended downwards since. For individuals focusing on short-term trends, 2022 marked an uptick in various categories, suggesting potential concerns for stakeholders keeping a close watch on property crime dynamics.
Demographics
Susquehanna County, Pennsylvania shows a relatively balanced gender distribution among its adult population. Educational attainment leans heavily towards high school graduates, with a notable segment having some college education or an associate's degree. Age-wise, the population skews older, with significant numbers in the 55 to 64 and 65 to 74 age ranges. The county's racial composition is predominantly White, with minimal representation from other racial groups. These trends highlight an... Read more
Race Distribution in Susquehanna County, Pennsylvania (2022)
Educational Attainment in Susquehanna County, Pennsylvania (2022)
Age Distribution in Susquehanna County, Pennsylvania
Citizen Population in Susquehanna County, Pennsylvania (2022)
Political Trends & Data
In Susquehanna County, Pennsylvania, the 2020 Presidential Election trends potentially reveal a strong Republican preference, with nearly 70% of the vote. Democrats might have only secured around 29%, while Libertarians accounted for a minimal share of roughly 1.4%. These figures could reflect broader local political sentiments and affiliations, hinting at a predominantly conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Susquehanna County, Pennsylvania, the 2020 Presidential Election showed a strong lean towards Republican candidates, with nearly 70% of the vote potentially going in their favor. Democrats might have garnered around 29%, indicating significant partisan leaning within the county. Libertarians, though present, accounted for a minimal share of roughly 1.4%. These trends could suggest broader local voter sentiments and political leanings within this specific region of Pennsylvania.
69.91% of voters voted for the Republican party in the 2020 Presidential Election
28.67% 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
Susquehanna County, Pennsylvania, has seen its student-to-teacher ratio decrease from around twelve students per teacher in 2014 to about ten recently. With the national average at fourteen, this lower ratio suggests smaller class sizes and potentially more individualized attention for students. This trend might make the county more attractive for investors and prospective residents, enhancing property values and desirability. Appraisers, insurance agents, and developers might also find this... Read more
Student-to-teacher ratio in Susquehanna County, Pennsylvania over the last 10 years
Susquehanna County, Pennsylvania, has experienced a gradual decrease in student-to-teacher ratios over the past decade, dropping from approximately twelve students per teacher in 2014 to about ten in recent years. With the national average at fourteen students per teacher, this lower ratio could signal smaller class sizes and potentially more individualized attention for students. For investors, real estate agents, and those considering moving to the area, this trend might indicate a favorable educational environment that could enhance property values and attractiveness of the location. Appraisers, insurance agents, and developers might also find this data valuable as it could affect the long-term desirability and perceived quality of the county’s educational system.
