Union County Real Estate and Livability Trends
Union County, Pennsylvania, is showing a notable increase in median home values, rising from $160,200 in 2015 to $210,300 in 2022, which outpaces both national and state trends. The area has also seen a sharp rise in average taxable income, signaling potential for investment and higher property demand. Real estate taxes have almost doubled since 2012, indicating either higher property values or... Read more
Union County Market Trends
Union County, Pennsylvania, has seen a robust rise in median home values, from $160,200 in 2015 to $210,300 in 2022, outpacing the national trend and paralleling the state's growth. Residential energy tax credits per tax return fluctuated significantly, spiking notably in 2018 and 2021, hinting at increased local investments in energy-efficient upgrades. Real estate taxes have nearly doubled... Read more
Median Value of Occupied Housing Units in Union County, Pennsylvania Over the Last 8 Years
Union County, Pennsylvania has seen impressive growth in median home values over the last eight years, climbing from $160,200 in 2015 to $210,300 in 2022. This local trend surpasses the national median, which rose from $125,500 to $179,400 in the same period, and generally keeps pace with Pennsylvania's state median, which increased from $166,000 to $226,200. For prospective homebuyers and real estate investors, this upward trend in Union County is encouraging, indicating a stable appreciation in property values that could potentially offer good returns.
Residential Energy Tax Credit Per Tax Return in Union County, PA Over the Last 9 Years
Over the past nine years, Union County, Pennsylvania, has seen substantial fluctuations in average residential energy tax credits per tax return. Notably, there was a remarkable peak in 2018 at $2500.00, with another significant rise in 2021 to $1730.00, suggesting increased investments in energy-efficient home improvements or renewable energy systems by homeowners. These trends could imply growing awareness and adoption of green energy practices, which might attract eco-conscious investors, bolster property values, and influence insurance assessments.
Average Real Estate Taxes Per Tax Return in Union County, PA Over the Last 10 Years
Union County, Pennsylvania has seen a striking increase in real estate taxes per tax return over the past decade. Starting from $3,666.83 in 2012, taxes have nearly doubled, reaching $6,590.12 by 2021. Notably, there was a significant spike between 2017 and 2018, which drove averages to over $6,000, and this higher level has consistently maintained since then. This upward trend suggests increasing property values or higher local taxes, impacting decisions for potential investors, real estate agents, and appraisers.
Percentage of Farm Returns in Union County, PA Over the Last 10 Years
In Union County, Pennsylvania, the percentage of farm tax returns has fluctuated slightly over the past decade. Starting at around 3.02% in 2012, it reached a peak of about 3.25% in 2017, before gradually declining to approximately 2.97% in 2021. Farm tax returns are indicative of agricultural activity in the area, reflecting the significant role farming plays in the local economy. For potential investors or those considering moving to Union County, this trend underlines the stable presence of farming, though with minor variations, suggesting a consistent area of economic activity.
Number of Mortgages by Occupancy Type in Union County, PA Over the Last 5 Years in Union County
Union County, Pennsylvania has shown a varied trend in mortgage counts over the last five years, with principal residences consistently having the highest numbers, peaking at 1593 in 2021. Investment properties have seen a moderate increase, reaching a high of 115 in 2021, while second residences have remained relatively low and stable. Understanding these occupancy types is crucial for investors and developers, as a predominance of primary residence mortgages indicates a stable, owner-occupied housing market, which can imply lower risks and possibly higher returns. Conversely, a rise in investment properties might suggest growing rental demand, opening up potential for property management ventures. These trends impact not only investment strategies but also property valuations and insurance considerations. Real estate agents and appraisers need to track these shifts to better gauge market conditions and advise clients accurately.
Economic Outlook
Union County, Pennsylvania has observed a significant rise in average taxable income per tax return, from $55,806.24 in 2013 to $79,290.05 in 2021. This rising income trend might appeal to investors and real estate professionals, indicating potential for financial gains and higher property demands. Concurrently, state and local income taxes have surged from $6,018.64 in 2012 to $15,293.90 in 2021, suggesting dynamic economic conditions with higher tax commitments. The increase in average total... Read more
Average Taxable Income per Tax Return in Union County, PA over the last 9 years
Union County, Pennsylvania has seen a notable rise in average taxable income per tax return over the past nine years. Jumping from approximately $55,806.24 in 2013 to about $79,290.05 in 2021, this trend could indicate a robust economic growth within the county. This upward trajectory might appeal to potential investors, real estate agents, and those considering relocating, as it could reflect a burgeoning local economy and opportunities for financial gain. These income trends might also be relevant for insurance agents and property appraisers, as increasing income levels can correlate with rising property values and demand for real estate.
Average State and Local Income Taxes Per Tax Return in Union County, PA Over the Last 10 Years
Union County, Pennsylvania has experienced a notable increase in average state and local income taxes per tax return over the past decade. In 2012, the average tax was $6,018.64, rising progressively to $15,293.90 by 2021. This growth may reflect rising incomes, higher property values, or changes in tax policies. For potential investors, residents, and real estate professionals, this trend suggests a dynamic economic environment but also higher tax commitments.
Average Total Tax Liability Per Tax Return in Union County, PA Over the Last 10 Years
Over the past decade, Union County, Pennsylvania has seen a steady increase in average total tax liability per tax return, rising from around $9,031.32 in 2012 to $13,506.16 in 2021. This upward trend could suggest economic growth, likely reflecting rising incomes and property values. Such insights are especially relevant for investors, real estate agents, and insurance agents, providing a context of financial health and tax expectations for residents and potential buyers.
Cost of Living in Union County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,246 | $1,472 | $1,936 | $1,386 | $1,266 |
| 1 adult 4 children | $1,246 | $1,202 | $1,479 | $1,386 | $1,353 |
| 2 adults 3 children | $1,246 | $1,202 | $1,681 | $1,386 | $1,047 |
| 1 adult 3 children | $1,246 | $982 | $1,224 | $1,386 | $1,109 |
| 2 adults 2 children | $887 | $984 | $1,426 | $1,204 | $866 |
| 1 adult 2 children | $887 | $735 | $968 | $1,204 | $803 |
| 2 adults 1 child | $887 | $778 | $1,171 | $615 | $789 |
| 1 adult 1 child | $887 | $502 | $713 | $615 | $636 |
| 2 adults | $785 | $625 | $915 | $0 | $663 |
| 1 adult | $653 | $341 | $458 | $0 | $523 |
Safety trends & Data
Union County, Pennsylvania, has experienced notable shifts in property crime rates over the past five years. Particularly striking is the drop in larceny-theft cases from 182.00 in 2018 to 10.00 in 2020, although they have since risen to 80.00 in 2022. Burglary also fluctuated, reaching a low of 1.00 in 2020 before increasing to 8.00 in 2022. Other crimes like forgery and counterfeiting saw a slight uptick from 8.00 in 2018 to 20.00 in 2022. These variations, especially the 2020 dip, may be... Read more
Property Crime Trends in Union County, PA Over the Last 5 Years
Union County, Pennsylvania has seen a notable fluctuation in property crimes over the past five years. Larceny-Theft cases show a significant drop from 182.0 in 2018 to 10.0 in 2020, before climbing back to 80.0 in 2022. Burglary incidents also varied, with just 1.0 in 2020 and then rising to 8.0 in 2022. Forgery and counterfeiting have remained somewhat steady, with a slight increase from 8.0 in 2018 to 20.0 in 2022. Vandalism cases seem to hover around the low double digits, peaking at 16.0 in 2019 and dipping to 7.0 in 2020. Overall, while crime rates vary, a particularly notable decline in larceny-theft during 2020 indicates unique shifts in criminal activity, which could be essential for those considering investment, real estate, or simply living in the county.
Demographics
Union County, Pennsylvania has a slightly larger male adult population compared to females, and educational attainment varies widely, with a notable portion holding just a high school diploma or some college experience but no degree. Age distribution suggests a balanced spread across different age groups, though the 55 to 64 years bracket is slightly more prominent. The racial demographics are predominantly white, with smaller communities of African Americans and Asians, highlighting a lack of... Read more
Race Distribution in Union County, Pennsylvania (2022)
Educational Attainment in Union County, Pennsylvania (2022)
Age Distribution in Union County, Pennsylvania
Citizen Population in Union County, Pennsylvania (2022)
Political Trends & Data
Union County, Pennsylvania, leaned heavily Republican during the 2020 U.S. Presidential Election, with about 61.4% of votes cast for the Republican candidate. Democrats garnered roughly 37.2%, significantly trailing behind. Minor parties, such as the Libertarian party, had minimal impact with just 1.4% of the vote, while the Green party and others gained negligible support. This suggests a predominantly conservative voter base, potentially influencing local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Union County, located in Pennsylvania, showed a strong leaning toward the Republican party in the 2020 U.S. Presidential Election, with approximately 61.4% of the votes. Democrats captured around 37.2% of the vote, trailing significantly behind. Minor parties like the Libertarian party made a minimal impact, with just about 1.4%. The Green party and other parties did not register any noteworthy support. This voting pattern may suggest a predominantly conservative electorate within the county.
61.43% of voters voted for the Republican party in the 2020 Presidential Election
37.16% of voters voted for the Democrat party in the 2020 Presidential Election
1.41% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Union County, Pennsylvania has experienced a student-to-teacher ratio lower than the national average of 14 students per teacher over the past decade. The ratio peaked at 14.42 in 2017 but dropped to 11.67 in 2022, potentially attracting families who value personalized education due to smaller class sizes. This trend may positively influence property values and community appeal, making it noteworthy for real estate professionals and investors. Families considering moving to or building in the... Read more
Student-to-teacher ratio in Union County, Pennsylvania over the last 10 years
Union County, Pennsylvania has generally maintained a lower student-to-teacher ratio compared to the national average of 14 students per teacher over the past decade. While the ratio peaked at 14.42 in 2017, it has since trended downward, reaching a low of 11.67 in 2022. This could potentially appeal to families prioritizing personalized education, as smaller class sizes often suggest more individual attention. For real estate agents, appraisers, and investors, these trends might indicate a stable or improving local educational environment, which could positively influence property values and community appeal. For those considering moving to Union County or building there, the consistently favorable ratios could be a notable benefit. Insurance agents may also find this trend valuable, as better educational resources can sometimes correlate with lower risk profiles for families.
