Washington County Real Estate and Livability Trends
Washington County, Pennsylvania's real estate market has seen median home values jump from $152,400 in 2015 to $205,600 in 2022, outpacing state and national growth. Rising real estate and income taxes, along with decreased farming tax returns, suggest shifting economic activities. Notable fluctuations in energy tax credits indicate increasing investments in green upgrades. Property crime trends,... Read more
Washington County Market Trends
Washington County, Pennsylvania's median home values have surged from $152,400 in 2015 to $205,600 in 2022, outpacing the growth at the state and national levels. Real estate taxes have also jumped, nearly doubling from $3,873.99 in 2012 to $6,396.50 in 2021, potentially impacting property costs. Energy tax credits hit a peak of $2,409.09 in 2018 but have recently stabilized around $600.00 to... Read more
Median Value of Occupied Housing Units in Washington County, Pennsylvania Over the Last 8 Years
Housing market trends in Washington County, Pennsylvania reveal a steady upward trajectory over the last eight years, with median home values rising from $152,400 in 2015 to $205,600 in 2022. This local increase is slightly more dynamic compared to the state's growth, where values climbed from $166,000 in 2015 to $226,200 in 2022. Nationally, the median value also saw gains, but at a somewhat slower pace relative to Washington County, growing from $125,500 in 2015 to $179,400 in 2022. For potential investors, property developers, or future residents, Washington County's housing market shows a robust increase, positioning it as a potentially attractive area for investment within Pennsylvania.
Residential Energy Tax Credit Per Tax Return in Washington County, PA Over the Last 9 Years
Washington County, Pennsylvania, has shown significant fluctuations in residential energy tax credits per tax return over the past nine years, peaking remarkably in 2018 at $2,409.09. Following this peak, the average credits have generally ranged between $600.00 and $700.00, suggesting some stabilization but still above earlier levels like $312.21 in 2013. These trends may imply heightened investment in energy-efficient upgrades or renewable energy systems, making the region particularly appealing for those looking to invest in sustainable housing solutions. This could be a critical insight for real estate agents, appraisers, and insurance agents when assessing property values and market trends in this county.
Average Real Estate Taxes Per Tax Return in Washington County, PA Over the Last 10 Years
Washington County, Pennsylvania has seen a notable upward trend in average real estate taxes per tax return over the last decade. From $3,873.99 in 2012 to $6,396.50 in 2021, there's been a steady increase, with a particularly sharp rise between 2017 and 2018. This trend could likely impact decisions for potential residents and investors, as increasing real estate taxes often correlate with rising property values and changes in local fiscal policies. Those considering appraisals or insurance in this area might want to factor in these escalating taxes when estimating overall property costs. Real estate professionals should be mindful of these figures as they reflect broader economic conditions that could influence buyer and seller behavior.
Percentage of Farm Returns in Washington County, PA Over the Last 10 Years
Over the last decade, Washington County, Pennsylvania has seen a slight but consistent decline in the percentage of farm tax returns, with percentages decreasing from approximately 1.11% in 2012 to around 1.01% in 2021. Farm tax returns typically reflect the number of tax filings made by farms, signifying the presence and economic contribution of the farming community in the county. For investors, builders, or potential residents, this trend could indicate a gradual reduction in farming activities, potentially impacting local agricultural markets and future land use planning.
Number of Mortgages by Occupancy Type in Washington County, PA Over the Last 5 Years in Washington County
Washington County, Pennsylvania has seen fluctuations in mortgage counts over the past five years, particularly among principal residences which peaked in 2021 with 14,189 before dropping to 9,860 in 2022. Investment properties and second residences have shown less dramatic changes, with investment properties maxing out at 482 in 2021 and second residences showing slight variances, peaking at 113 the same year. For investors and real estate agents, these trends can serve as indicators of market demand shifts. Changing occupancy types might suggest evolving local market dynamics, such as a growing interest in primary living spaces versus investment or vacation properties, influencing everything from property values to insurance risks. Such patterns could affect decisions about where and how to allocate resources effectively.
Economic Outlook
Washington County, Pennsylvania's average taxable income has shown a notable increase over the last nine years, climbing from around $65,964.23 in 2013 to $94,290.33 by 2021. This suggests growing economic stability, potentially making the area more attractive to investors and new residents. In tandem, average state and local income taxes have also risen sharply, from $6,456.24 in 2012 to $13,517.37 by 2021, reflecting possible economic shifts or changes in tax policies. Additionally, the... Read more
Average Taxable Income per Tax Return in Washington County, PA over the last 9 years
Washington County, Pennsylvania's average taxable income has seen a noticeable upward trend over the past nine years. Starting at approximately $65,964.23 in 2013 and rising to about $94,290.33 by 2021, the data suggests a growing economic stability in the region, which may appeal to potential investors and new residents alike. The significant jump between 2020 and 2021 could hint at economic resilience or growing high-income opportunities despite the global disruptions. This upward trend can also be a key factor for real estate agents and builders considering development projects in the area, as well as appraisers and insurance agents assessing property values.
Average State and Local Income Taxes Per Tax Return in Washington County, PA Over the Last 10 Years
Over the past decade, Washington County, Pennsylvania has seen a notable increase in average state and local income taxes per tax return, surging from $6,456.24 in 2012 to $13,517.37 in 2021. This upward trend may reflect broader economic trends or changes in tax policies and could impact anyone considering investment or residency in the area. The steep rise between 2017 and 2018, where taxes increased by over $3,000, might suggest significant economic shifts or legislative changes. For real estate agents, appraisers, and insurance agents, these trends are crucial in understanding the economic landscape and advising clients effectively.
Average Total Tax Liability Per Tax Return in Washington County, PA Over the Last 10 Years
Over the past decade, Washington County, Pennsylvania has experienced a general increase in average total tax liability per tax return. Starting from $11,881.82 in 2012, there was a notable peak in 2021 at $17,611.50. Despite some fluctuations, including a dip in 2016 to $13,244.14, the overall trend highlights rising financial obligations for residents. This matters for potential investors, property developers, and insurance agents as it hints at growing fiscal demands, potentially impacting property valuations and insurance premiums. Real estate agents might find this crucial when advising clients on long-term financial commitments in the region.
Cost of Living in Washington County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,264 | $1,576 | $1,289 | $2,265 | $1,412 |
| 1 adult 4 children | $1,264 | $1,287 | $988 | $2,265 | $1,546 |
| 2 adults 3 children | $1,264 | $1,288 | $1,118 | $2,265 | $1,185 |
| 1 adult 3 children | $1,264 | $1,051 | $817 | $2,265 | $1,328 |
| 2 adults 2 children | $994 | $1,054 | $946 | $1,973 | $986 |
| 1 adult 2 children | $994 | $787 | $645 | $1,973 | $1,021 |
| 2 adults 1 child | $994 | $833 | $774 | $1,025 | $839 |
| 1 adult 1 child | $994 | $538 | $473 | $1,025 | $731 |
| 2 adults | $824 | $669 | $602 | $0 | $626 |
| 1 adult | $786 | $365 | $301 | $0 | $531 |
Safety trends & Data
Washington County, Pennsylvania has seen varied trends in property crime over the past five years, affecting local real estate dynamics. Burglary arrests dramatically fell from 63.0 in 2018 to 8.0 in 2021, with a rebound to 32.0 in 2022. Similarly, larceny-theft decreased from 516.0 in 2018 to 99.0 in 2021, then increased to 312.0 in 2022. Motor vehicle theft reached its lowest at 5.0 arrests in 2020 but rose to 23.0 in 2022. These shifts can significantly influence property values and... Read more
Property Crime Trends in Washington County, PA Over the Last 5 Years
Washington County, Pennsylvania has observed a noticeable fluctuation in property crime over the last five years. The sharp decline in burglary arrests from 63.0 in 2018 to just 8.0 in 2021 stands out, though there was a slight uptick to 32.0 in 2022. Larceny-theft numbers also show a downward shift, from 516.0 in 2018 to a low of 99.0 in 2021, before rising again to 312.0 in 2022. Interestingly, vandalism and fraud seem to have variable patterns but motor vehicle theft reached a low of 5.0 arrests in 2020 and bounced back to 23.0 in 2022. Embezzlement remains relatively low but saw a peak in 2019 with 8.0 incidents. This dynamic situation with property crimes is crucial for investors, potential residents, and realtors to consider when evaluating the local market and property values.
Demographics
Washington County, Pennsylvania has a roughly balanced adult population with a slight female majority. Educational attainment highlights a significant portion with high school diplomas and some college education, indicating a strong foundational education level, though fewer hold advanced degrees. Age distribution skews older, with substantial populations in the 45-64 and 65-74 age brackets, suggesting potential future needs in senior services. The racial composition is predominantly White with... Read more
Race Distribution in Washington County, Pennsylvania (2022)
Educational Attainment in Washington County, Pennsylvania (2022)
Age Distribution in Washington County, Pennsylvania
Citizen Population in Washington County, Pennsylvania (2022)
Political Trends & Data
Washington County, Pennsylvania, exhibited a strong Republican leaning in the 2020 U.S. Presidential Election, with around 61% of votes going to the Republican party. The Democratic party captured about 38%, while the Libertarian party managed just over 1%, highlighting the region's significant two-party dominance. The minimal presence of the Green party and other parties reinforces the primarily binary political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Washington County, Pennsylvania, the 2020 U.S. Presidential Election saw significant leanings towards the Republican party, which garnered approximately 61% of the vote. The Democratic party followed with around 38%, and the Libertarian party captured just over 1%. The Green party and other parties didn't seem to have a noticeable presence, underscoring a strong two-party dominance in this region.
60.84% of voters voted for the Republican party in the 2020 Presidential Election
38.06% of voters voted for the Democrat party in the 2020 Presidential Election
1.11% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Over the past decade, Washington County, Pennsylvania, has maintained a student-to-teacher ratio that generally hovers around 14 students per teacher, peaking slightly above the national average in 2017 before stabilizing near 13 students per teacher. This relatively low ratio suggests smaller class sizes and possibly more personalized attention compared to the national average. Anyone considering moving to or investing in educational facilities in this area might find these trends indicative... Read more
Student-to-teacher ratio in Washington County, Pennsylvania over the last 10 years
Over the past decade, Washington County, Pennsylvania, has seen fluctuations in its student-to-teacher ratio, generally hovering around 14 students per teacher. In 2017, the ratio peaked slightly above the national average at roughly 14 students per teacher but has since leveled back down to near 13 students per teacher in recent years. This relatively low student-to-teacher ratio is potentially attractive for investors, educators, and parents because it suggests smaller class sizes and possibly more personalized attention in the classroom compared to the national average. For anyone considering moving to or investing in educational facilities in this area, these trends could indicate a commitment to maintaining manageable classroom sizes, which can be a significant factor in educational quality.
