York County Real Estate and Livability Trends
York County, Pennsylvania has experienced a rise in taxable income from $55,659.61 in 2013 to $75,727.42 in 2021, suggesting increased local economic vitality that could influence property values. Median home values climbed from $168,400 in 2015 to $220,700 in 2022, and energy tax credits surged, signaling a shift towards energy-efficient homes. Average real estate taxes rose from $4,400.18 in... Read more
York County Market Trends
York County, Pennsylvania has seen median home values rise from $168,400 in 2015 to $220,700 in 2022, positioning it slightly behind broader state trends but well above national averages. Average residential energy tax credits per tax return spiked to $3,032.84 in 2018, possibly due to policy changes or a surge in energy-efficient upgrades, indicating a local emphasis on energy efficiency that... Read more
Median Value of Occupied Housing Units in York County, Pennsylvania Over the Last 8 Years
York County, Pennsylvania has seen median home values climbing from $168,400 in 2015 to $220,700 in 2022, indicating a solid growth trajectory. Compared to the broader state trends, where values increased from $166,000 to $226,200 in the same period, York County is pacing slightly behind but not far off. Nationally, the median home value rose from $125,500 to $179,400, positioning York County well above the national average. For investors, potential homeowners, and those looking to build, York County's upward trend suggests a robust local real estate market that could offer strong value retention and appreciation.
Residential Energy Tax Credit Per Tax Return in York County, PA Over the Last 9 Years
York County, Pennsylvania has shown considerable fluctuations in average residential energy tax credits per tax return over the last nine years. Notably, there's a striking peak in 2018, reaching an average of $3032.84, which might suggest either a major policy shift or a surge in energy-efficient upgrades by residents. Subsequent years indicate a normalization but still show elevated levels compared to the early 2010s. This trend can indicate a growing emphasis on energy efficiency among property owners, potentially impacting property valuations and insurance considerations. For investors, real estate agents, and builders, understanding these fluctuations could provide insights into local market dynamics and potential areas for investment in energy-efficient properties.
Average Real Estate Taxes Per Tax Return in York County, PA Over the Last 10 Years
York County, Pennsylvania has experienced a notable increase in average real estate taxes per tax return over the past decade, rising from approximately $4,400.18 in 2012 to around $6,658.02 in 2021. This trend suggests a significant upward trajectory particularly evident between 2016 and 2018, where the average jumped by more than $1,600. Such increases may impact decisions for potential investors, homeowners, and real estate professionals, reflecting potential shifts in property valuations, municipal budgeting, and the overall economic landscape in York County.
Percentage of Farm Returns in York County, PA Over the Last 10 Years
The percentage of farm tax returns in York County, Pennsylvania has seen a slight but steady decline over the last decade. Starting at approximately 0.75% in 2012, the percentage dipped to around 0.64% by 2021. Farm tax returns are typically filed by agricultural businesses to report income and expenses for tax purposes, reflecting the health of the farming sector. This downward trend might suggest possible challenges in the local agricultural economy or a shift in economic focus for the region. For those considering investments or development in York County, understanding this decline could be essential, indicating potential areas for economic support or diversification.
Number of Mortgages by Occupancy Type in York County, PA Over the Last 5 Years in York County
York County, Pennsylvania has seen a significant variation in the number of mortgages for different occupancy types over the past five years. The most prominent shift is in principal residences, peaking in 2021 with over 34,000 mortgages but then dipping notably in 2022. Investment properties and second residences also show fluctuations, with a gradual decline in mortgages for second residences. These changes matter because they influence market dynamics and potential returns on investment. For investors, fluctuating mortgage counts might indicate shifts in rental demand or property values. Appraisors and real estate agents might use this data to evaluate property market trends and pricing adjustments. For those considering moving to or building in York County, understanding these trends could highlight growth opportunities—or caution—depending on the intended property use.
Economic Outlook
York County, Pennsylvania has experienced a notable rise in average taxable income per tax return, climbing from $55,659.61 in 2013 to $75,727.42 in 2021. This increase could point to a strengthening local economy and rising wages, impacting property values and market strength. Concurrently, the average state and local income taxes per return have surged, reaching $8,885.50 in 2021, potentially influencing investment decisions and property development trends. The total tax liability has also... Read more
Average Taxable Income per Tax Return in York County, PA over the last 9 years
York County, Pennsylvania has seen a steady increase in average taxable income per tax return over the last nine years, with a notable jump from $55,659.61 in 2013 to $75,727.42 in 2021. This upward trend, peaking significantly in 2021 after incremental growth, might suggest a strengthening local economy or rising wages. For real estate agents and potential homebuyers, this indicates potentially higher property values and a stronger market. Investors and appraisers could view this as a positive sign of regional economic health, while insurance agents might need to adjust their evaluations based on residents' increasing affluence.
Average State and Local Income Taxes Per Tax Return in York County, PA Over the Last 10 Years
Over the last decade, York County, Pennsylvania, has seen a noticeable increase in average state and local income taxes per tax return, rising from $4,705.29 in 2012 to $8,885.50 in 2021. This uptick suggests a growing tax burden on residents, which may influence investment decisions, property development, and real estate trends. The dramatic jumps particularly in 2018 and 2019 highlight a shift that could be crucial for appraisers and insurance agents to consider when evaluating financial risks and property values in the area.
Average Total Tax Liability Per Tax Return in York County, PA Over the Last 10 Years
York County, Pennsylvania has seen a steady increase in average total tax liability per tax return over the past decade, peaking at $11,694.44 in 2021. This rising trend suggests possible economic growth and increasing incomes in the area, which might attract investors and property developers. Real estate agents might find this information valuable for pitching the county as a thriving economic zone, while appraisers and insurance agents can use these figures to fine-tune their evaluations and risk assessments. For those considering a move to York County, understanding these tax trends can offer insights into the financial landscape and potential cost of living.
Cost of Living in York County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,468 | $1,480 | $1,876 | $1,913 | $1,545 |
| 1 adult 4 children | $1,468 | $1,209 | $1,441 | $1,913 | $1,648 |
| 2 adults 3 children | $1,468 | $1,209 | $1,624 | $1,913 | $1,291 |
| 1 adult 3 children | $1,468 | $987 | $1,190 | $1,913 | $1,408 |
| 2 adults 2 children | $1,128 | $990 | $1,372 | $1,668 | $1,037 |
| 1 adult 2 children | $1,128 | $739 | $938 | $1,668 | $1,059 |
| 2 adults 1 child | $1,128 | $782 | $1,120 | $871 | $911 |
| 1 adult 1 child | $1,128 | $505 | $686 | $871 | $778 |
| 2 adults | $883 | $628 | $869 | $0 | $695 |
| 1 adult | $789 | $343 | $434 | $0 | $558 |
Safety trends & Data
York County, Pennsylvania has seen a significant decrease in property crimes over the past five years, with larceny-theft incidents dropping from 1,832 in 2018 to 979 in 2022, and burglaries reducing from 186 to 92 during the same period. In contrast, cases of forgery and counterfeiting have fluctuated, peaking at 89 in 2021 before stabilizing at 70 in 2022. This trend could make York County more appealing for investors, homebuyers, and businesses evaluating relocation or development... Read more
Property Crime Trends in York County, PA Over the Last 5 Years
York County, Pennsylvania has seen a notable decline in property crimes over the past five years. From 2018 to 2022, incidents of larceny-theft decreased from 1,832 to 979, and burglaries dropped significantly from 186 to 92. In contrast, cases of forgery and counterfeiting experienced fluctuations, rising to 89 in 2021 before stabilizing at 70 in 2022. The overall trend suggests that York County is becoming a safer place in terms of property-related offenses, making it potentially more attractive to investors, homebuyers, and businesses considering relocation or development in the area.
Demographics
York County, Pennsylvania shows a nearly balanced gender distribution with slightly more females than males. The educational landscape suggests a significant portion of the population has a high school diploma, while those with some college or higher degrees make up a notable share as well, which could indicate a growing educated workforce. Age-wise, the largest groups are found in the 45-54 and 55-64 year ranges, hinting at an aging population. The racial composition is predominantly White,... Read more
Race Distribution in York County, Pennsylvania (2022)
Educational Attainment in York County, Pennsylvania (2022)
Age Distribution in York County, Pennsylvania
Citizen Population in York County, Pennsylvania (2022)
Political Trends & Data
In York County, Pennsylvania, the 2020 U.S. Presidential Election results showed a pronounced preference for the Republican candidate, who secured about 61.5% of the vote. The Democratic candidate received around 37%, and the Libertarian candidate captured a minor 1.5%. These voting patterns could steer local and state political strategies, given the clear Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In York County, Pennsylvania, the 2020 U.S. Presidential Election leaned heavily towards the Republican candidate, capturing approximately 61.5% of the vote. The Democratic candidate trailed with around 37%, while the Libertarian presence was relatively minimal at 1.5%. The Green party and other candidates did not make a significant impact. These numbers suggest a strong Republican preference, potentially influencing local and state political strategies moving forward.
61.53% of voters voted for the Republican party in the 2020 Presidential Election
36.95% of voters voted for the Democrat party in the 2020 Presidential Election
1.52% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
York County, Pennsylvania’s student-to-teacher ratio has steadily improved from 16:1 in 2014 to approximately 14:1 in 2023, aligning more closely with the national average. This trend could suggest enhanced educational quality, potentially boosting property values and making the area more attractive for families. Real estate agents might use this data as a selling point, while appraisers and insurance agents could leverage it to better assess market demand and associated risks for family... Read more
Student-to-teacher ratio in York County, Pennsylvania over the last 10 years
York County, Pennsylvania has seen a gradual decline in the student-to-teacher ratio over the past decade, starting at around 16 students per teacher in 2014 to approximately 14 students per teacher in 2023. This trend brings York County closer to the current national average of 14 students per teacher in the United States. For those looking to invest, particularly in the housing market, or considering a move, a lower student-to-teacher ratio might signal an improvement in educational quality, which can be a crucial factor in property value. Real estate agents might highlight this as a selling point. Additionally, it offers insights for appraisers and insurance agents to assess the potential market demand and risks associated with family housing in the area.
