Warren County Real Estate and Livability Trends
Warren County, Pennsylvania's average taxable income per return has risen significantly from ~$48,755.20 in 2013 to ~$58,825.22 in 2021, hinting at potential economic growth. Median home values increased from $89.7K in 2015 to $116.3K in 2022, indicating less market volatility. Real estate taxes surged and energy tax credits almost doubled, reflecting a shift towards energy-efficient homes which... Read more
Warren County Market Trends
Warren County, Pennsylvania has seen its median home values rise from $89.7K in 2015 to $116.3K in 2022, trailing both state and national growth rates, but potentially signaling a less volatile market for cautious investors. Residential energy tax credits have nearly doubled over eight years, reflecting a move toward energy-efficient home upgrades, which may attract eco-conscious buyers and... Read more
Median Value of Occupied Housing Units in Warren County, Pennsylvania Over the Last 8 Years
Warren County, Pennsylvania, has experienced a significant rise in median home values over the past eight years, moving from $89,700 in 2015 to $116,300 in 2022. This trend is particularly interesting when compared to the state and national levels. While Pennsylvania as a whole started at $166,000 in 2015 and climbed to $226,200 by 2022, the national median increased from $125,500 to $179,400 in the same timeframe. Warren County's lower initial median values and slower growth rate could be indicative of a more stable and potentially less volatile housing market, which might appeal to those looking for less risky investment opportunities or more affordable living options.
Residential Energy Tax Credit Per Tax Return in Warren County, PA Over the Last 8 Years
Residential energy tax credit trends in Warren County, Pennsylvania indicate a notable increase over the past eight years, potentially reflecting growing investments in energy-efficient upgrades. Average tax credits nearly doubled from $292.86 in 2013 to $719.05 in 2021. This upward trajectory may appeal to investors and homeowners eyeing long-term energy savings, as well as appraisers and insurance agents assessing property value. Such trends could signal rising interest in eco-friendly home improvements, impacting real estate markets and indicating a shift toward sustainability in residential properties.
Average Real Estate Taxes Per Tax Return in Warren County, PA Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Warren County, Pennsylvania exhibited a notable upward trend, nearly doubling from $2,917.13 in 2012 to a peak of $5,417.24 in 2020 before slightly dropping to $5,292.00 in 2021. The steady rise could reflect increased property values or tax rates, impacting decisions for property investors and potential residents. This hike may also affect appraisals and insurance premiums, making it worthy of consideration for those in real estate and financial planning sectors.
Percentage of Farm Returns in Warren County, PA Over the Last 10 Years
Warren County, Pennsylvania has seen fluctuating farm tax returns over the last decade, generally hovering around 1.2% to 1.5%. While there was a slight increase in 2013 to approximately 1.47%, the trend appears to be gradually declining, dipping to around 1.16% by 2019 before a minor uptick in subsequent years. This data is significant for potential investors and residents interested in the agricultural sector, as it could indicate either a stabilization or slight reduction in farming activities, which might influence property values and economic health tied to agricultural productivity.
Number of Mortgages by Occupancy Type in Warren County, PA Over the Last 5 Years in Warren County
Warren County, Pennsylvania shows a relatively higher demand for mortgages on principal residences compared to investment and second properties, with the counts peaking at 1444 in 2021 and a clear decreasing trend towards 2022. Investment properties have remained fairly stable, albeit low, within a 47 to 61 range over the past five years. Second residences exhibit similar stability but at even lower levels, the highest being 49 in 2021. For those weighing investment decisions, focusing on principal residences may offer more promising returns, given their dominant share and growth until recently. Real estate agents and developers should take note; a stable demand for investment and secondary homes indicates a potentially risk-averse but consistent market. This trend could also be useful for appraisers and insurance agents in determining property values and risk assessments respectively.
Economic Outlook
Warren County, Pennsylvania's average taxable income per tax return has seen an upward trend, increasing from around $48,755.20 in 2013 to about $58,825.22 in 2021. This suggests economic growth and a potentially stronger financial base, relevant for investors and real estate agents. State and local income taxes per return have been volatile, rising sharply to $11,605.41 in 2018 before stabilizing at $10,815.38 in 2021, indicating a more consistent but higher tax environment. This volatility... Read more
Average Taxable Income per Tax Return in Warren County, PA over the last 9 years
Warren County, Pennsylvania's average taxable income per tax return has shown a general upward trend over the past nine years. While there have been minor fluctuations, the average value climbed from approximately $48,755.20 in 2013 to about $58,825.22 in 2021. This indicates potential economic growth and a stronger financial base for residents, which could be of interest to investors, real estate agents, and insurance agents assessing the area's financial stability and growth prospects.
Average State and Local Income Taxes Per Tax Return in Warren County, PA Over the Last 10 Years
Over the past decade, Warren County, Pennsylvania has experienced significant fluctuations in average state and local income taxes per tax return. Notably, there was a sharp rise in 2018, with the average hitting $11,605.41, compared to $6,558.29 just a year earlier. This trend suggests potential volatility in tax burdens, which could influence investment and relocation decisions. By 2021, the average stabilized at $10,815.38, hinting at a higher but more consistent tax climate. This could be crucial for stakeholders like real estate agents, insurance agents, and appraisers evaluating the financial landscape of the county.
Average Total Tax Liability Per Tax Return in Warren County, PA Over the Last 10 Years
Average total tax liability per tax return in Warren County, Minnesota has fluctuated over the last decade, with significant peaks such as $8,417.82 in 2013 and $8,137.82 in 2021. The lowest point occurred in 2020 at $6,968.96, likely reflecting economic impacts. For those considering investment or relocation, these variations can be crucial for financial planning and assessing long-term tax commitments. Real estate professionals and insurance agents might find these trends useful for advising clients on potential shifts in fiscal responsibilities.
Cost of Living in Warren County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,065 | $1,416 | $1,576 | $1,465 | $1,073 |
| 1 adult 4 children | $1,065 | $1,156 | $1,200 | $1,465 | $1,158 |
| 2 adults 3 children | $1,065 | $1,156 | $1,370 | $1,465 | $882 |
| 1 adult 3 children | $1,065 | $944 | $994 | $1,465 | $945 |
| 2 adults 2 children | $821 | $947 | $1,164 | $1,268 | $787 |
| 1 adult 2 children | $821 | $707 | $788 | $1,268 | $709 |
| 2 adults 1 child | $821 | $748 | $958 | $628 | $699 |
| 1 adult 1 child | $821 | $483 | $582 | $628 | $586 |
| 2 adults | $650 | $601 | $751 | $0 | $581 |
| 1 adult | $646 | $328 | $376 | $0 | $507 |
Safety trends & Data
Property crime trends in Warren County, Pennsylvania, have shown significant fluctuations over the past five years, especially in burglary and larceny-theft. Burglaries peaked at 30 incidents in 2018, fell in the following years, and then rose to 23 in 2022. Larceny-theft has been variable with a notable high of 150 incidents in 2022. Motor vehicle thefts stayed relatively low and consistent. These trends can provide valuable insights for assessing the area's safety and property risk... Read more
Property Crime Trends in Warren County, PA Over the Last 5 Years
Over the past five years, property crime trends in Warren County, Pennsylvania show fluctuating patterns, particularly notable in categories like burglary and larceny-theft. For instance, burglaries peaked in 2018 at 30 incidents but dropped significantly in subsequent years, only to rise again to 23 in 2022. Larceny-theft has shown variability but hit a high of 150 incidents in 2022. Motor vehicle thefts remained relatively low but somewhat consistent, while arson, forgery, and counterfeiting incidents were sporadic. Vandalism and fraud have also seen significant changes, which could be insightful for those looking to assess the area's safety and property risk factors.
Demographics
Warren County, Pennsylvania's population showcases a relatively balanced gender distribution with males and females nearly equal in number. The educational attainment data hints that a significant portion of the adult population holds at least a high school diploma, with many having attended some college or earned an associate's degree. Age-wise, the county has a noticeable proportion of its residents in the 55 to 64 age bracket, indicating potential future shifts in community needs as they... Read more
Race Distribution in Warren County, Pennsylvania (2022)
Educational Attainment in Warren County, Pennsylvania (2022)
Age Distribution in Warren County, Pennsylvania
Citizen Population in Warren County, Pennsylvania (2022)
Political Trends & Data
In Warren County, Pennsylvania, the 2020 U.S. Presidential Election revealed a strong Republican lean, with nearly 69% of votes favoring the Republican party and only around 29% for Democrats. Libertarians captured under 2%, suggesting minor third-party interest. This overwhelming Republican preference could shape local policies and influence future electoral strategies... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Warren County, Pennsylvania, the 2020 U.S. Presidential Election results suggest a strong Republican preference, with nearly 69% of the votes possibly going to the Republican party. Democratic support appears significantly lower at around 29%, hinting at a deep-red political leaning. The Libertarian party holds a minor presence, potentially capturing just under 2% of the votes, while support for other parties seems negligible. This distribution may reflect broader regional trends and could be significant for future electoral strategies.
68.94% of voters voted for the Republican party in the 2020 Presidential Election
29.38% of voters voted for the Democrat party in the 2020 Presidential Election
1.68% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Warren County, Pennsylvania has seen a decline in the student-to-teacher ratio over the past decade, dropping from around 13 students per teacher in 2014 to about 11 by 2023, which is below the national average of 14. This trend suggests smaller class sizes that could appeal to families seeking personalized attention for their children, signaling potential stable or growing demand for housing in family-oriented neighborhoods. Real estate professionals and appraisers might find that strong... Read more
Student-to-teacher ratio in Warren County, Pennsylvania over the last 10 years
Warren County, Pennsylvania has generally maintained a student-to-teacher ratio below the national average of 14 students per teacher over the past decade. Starting at approximately 13 students per teacher in 2014, there's been a noticeable downward trend reaching about 11 students per teacher by 2023. This lower ratio potentially suggests smaller class sizes, which might appeal to families seeking more personalized attention for their children. For investors and real estate agents, these figures could indicate stable or growing demand for housing in family-oriented neighborhoods. Appraisers and insurance agents should recognize that high-quality education metrics might correlate with slightly higher property values and attractiveness in these areas.
