York County Real Estate and Livability Trends
York County, South Carolina saw the average taxable income jump from $59,042.13 in 2013 to $86,401.47 in 2021, potentially signaling economic growth that could attract investors and home buyers. Median home values soared from $160,100 in 2015 to $287,600 in 2022, hinting at robust property value appreciation, although the rising real estate taxes from $1,867.59 in 2012 to $3,710.22 in 2021 may... Read more
York County Market Trends
York County, South Carolina's median home values rose from $160,100 in 2015 to $287,600 in 2022, outpacing both national and state averages, making it attractive for investors and buyers. Residential energy tax credits fluctuated significantly, peaking at $2,754.17 in 2018, hinting at a trend towards energy-efficient homes, which could appeal to eco-conscious homeowners. Real estate taxes nearly... Read more
Median Value of Occupied Housing Units in York County, South Carolina Over the Last 8 Years
York County, South Carolina has seen a steady increase in median home values over the past eight years, rising from $160,100 in 2015 to $287,600 in 2022. This growth outpaces both the national and state averages significantly. During the same period, South Carolina's median home values increased from $139,900 to $216,200, while the national values went from $125,500 to $179,400. Potential investors and prospective homeowners may find York County attractive due to its robust appreciation rates compared to broader state and national trends, indicating a potentially lucrative investment opportunity and appealing market stability.
Residential Energy Tax Credit Per Tax Return in York County, SC Over the Last 9 Years
York County, South Carolina has witnessed notable fluctuations in residential energy tax credits over the past nine years. The average credit per tax return saw a gradual increase from $339.39 in 2013 to an impressive peak of $2,754.17 in 2018, which could suggest growing investment in energy-efficient home improvements or installations. Although there was a dip in subsequent years, with the amount settling around $1,419.50 in 2020, recent data indicates a resurgence to $2,206.67 in 2021. This trend might interest investors and real estate agents considering the appeal of energy-efficient properties, while insurance agents could find this data relevant for assessing property value adjustments related to sustainable energy enhancements.
Average Real Estate Taxes Per Tax Return in York County, SC Over the Last 10 Years
Over the last decade, York County, South Carolina has seen a notable upward trend in average real estate taxes per tax return. Starting at about $1,867.59 in 2012, the amount has nearly doubled to approximately $3,710.22 by 2021. Major jumps are evident around 2016 onwards, peaking sharply to $3,527.04 in 2018 and continuing to rise. This likely signals increased property values and possibly an increasing population, making it a focal point for those considering real estate investments or relocating in the area. Adjustments in tax policies or valuations might also play a role, worth considering for appraisers and insurance agents when evaluating property-related prospects in York County, SC.
Percentage of Farm Returns in York County, SC Over the Last 10 Years
York County, South Carolina has seen a gradual decline in the percentage of farm tax returns over the last decade. Starting in 2012 at around 0.74%, it has dipped to approximately 0.58% by 2021. Farm tax returns are essentially financial documents filed by agricultural businesses to report income, expenses, and other tax liabilities. The decrease in these returns could suggest shifts in the local economy, potentially moving away from agriculture towards other industries. This information is significant for potential investors or property developers, as it may indicate a changing landscape in economic activities and development opportunities in York County. For residents and those curious about living in the area, this trend could reflect broader changes in community resources and job markets.
Number of Mortgages by Occupancy Type in York County, SC Over the Last 5 Years in York County
York County, South Carolina, has seen varied trends in mortgage activity over the past five years. Principal residences have consistently dominated the market with figures peaking at over 30,000 in 2021, while investment properties and second residences have shown much lower but relatively stable counts. Changes in occupancy type matter because they influence market stability, investment potential, and community demographics. A higher proportion of principal residences suggests a stable, family-oriented neighborhood, which might be appealing to buyers looking for a long-term home. Meanwhile, a rise in investment properties could indicate a growing interest from investors, potentially driving property values up but possibly impacting rental markets and community dynamics. Real estate agents, investors, and insurance underwriters should keep a close eye on these trends to make informed decisions.
Economic Outlook
York County, South Carolina saw the average taxable income per tax return climb from $59,042.13 in 2013 to $86,401.47 in 2021, highlighting a potential surge in economic vitality that might interest investors and home buyers. The average state and local income taxes also doubled, jumping from $6,516.62 in 2012 to $13,019.42 in 2021, hinting at a rise in local incomes but possibly leading to higher living costs. Moreover, the average total tax liability per return increased from around $9,212.96... Read more
Average Taxable Income per Tax Return in York County, SC over the last 9 years
York County, South Carolina has seen a notable upward trend in average taxable income per tax return over the last nine years. From $59,042.13 in 2013 to $86,401.47 in 2021, the consistent increase suggests a growing economic vitality that may be attractive to investors, home buyers, and property developers. Such financial trajectories can also influence real estate valuations, insurance premiums, and appraisals, signaling a robust local economy.
Average State and Local Income Taxes Per Tax Return in York County, SC Over the Last 10 Years
Over the past decade, York County, South Carolina, has seen a notable increase in average state and local income taxes per tax return. The amounts rose steadily from $6,516.62 in 2012 to $13,019.42 in 2021, with a significant jump around 2018. This trend could suggest economic growth and a corresponding rise in income levels. For prospective investors, real estate agents, or anyone considering relocating, this might reflect a strengthening local economy but could also imply higher living costs. For appraisers and insurance agents, understanding this trend is crucial for accurate financial assessments and risk management.
Average Total Tax Liability Per Tax Return in York County, SC Over the Last 10 Years
The average total tax liability per tax return in York County, South Carolina has seen a notable upward trend over the past decade, rising from approximately $9,212.96 in 2012 to about $14,218.01 in 2021. This steady increase, albeit with slight fluctuations, indicates potential economic growth and could signal higher household incomes. For prospective investors, real estate agents, and builders, this trend may suggest a thriving local economy with growing wealth, making York County a potentially attractive market. However, it also means higher property taxes, which insurance agents and appraisers will need to factor into their valuations and risk assessments.
Cost of Living in York County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,553 | $1,488 | $2,022 | $1,250 | $1,451 |
| 1 adult 4 children | $1,553 | $1,215 | $1,547 | $1,250 | $1,570 |
| 2 adults 3 children | $1,553 | $1,216 | $1,754 | $1,250 | $1,179 |
| 1 adult 3 children | $1,553 | $992 | $1,279 | $1,250 | $1,308 |
| 2 adults 2 children | $1,224 | $995 | $1,486 | $1,127 | $954 |
| 1 adult 2 children | $1,224 | $743 | $1,011 | $1,127 | $966 |
| 2 adults 1 child | $1,224 | $786 | $1,218 | $730 | $925 |
| 1 adult 1 child | $1,224 | $508 | $743 | $730 | $811 |
| 2 adults | $1,084 | $632 | $950 | $0 | $782 |
| 1 adult | $1,060 | $345 | $475 | $0 | $692 |
Safety trends & Data
Property crime trends in York County, South Carolina, have experienced significant fluctuations over the last five years. Larceny-theft, the most common crime, declined from 1,240 incidents in 2019 to 748 in 2022. In contrast, motor vehicle theft surged, peaking at 75 incidents in 2021, over three times the number seen in 2018. Burglaries and fraud showed a general decreasing trend. This evolving safety landscape could influence decisions by investors, appraisers, insurance agents, and... Read more
Property Crime Trends in York County, SC Over the Last 5 Years
Property crime trends in York County, South Carolina, have shown significant fluctuations over the last five years. Larceny-theft, while consistently the highest in number, saw a noticeable decline from 1,240 incidents in 2019 to 748 incidents in 2022. Motor vehicle theft has alarmingly increased, peaking at 75 incidents in 2021, more than triple the number from 2018. Burglaries have generally decreased, and fraud, despite some variations, also showed a slight downward trend. Such data could be crucial for investors, appraisers, insurance agents, and residents to gauge the evolving safety landscape of York County and make informed decisions about property and community investments.
Demographics
York County, South Carolina, shows a balanced distribution of males and females among its adult population. The county's age distribution leans towards a younger demographic, with significant numbers in the 25 to 44-year age brackets. Educational attainment data hint at a well-educated populace, with high percentages holding high school diplomas and above. The racial composition is predominantly White, yet a notable segment is Black or African American, showcasing modest diversity in the... Read more
Race Distribution in York County, South Carolina (2022)
Educational Attainment in York County, South Carolina (2022)
Age Distribution in York County, South Carolina
Citizen Population in York County, South Carolina (2022)
Political Trends & Data
In York County, South Carolina, Republican candidates may have garnered over 57% of the vote in the 2020 U.S. Presidential Election, with Democrats potentially securing just above 40%. The limited support for Libertarian and Green Party candidates suggests a strong preference for major parties, hinting at a heavily Republican-leaning electorate that could shape future political strategies in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In York County, South Carolina, Republican candidates appeared to have a significant lead in the 2020 U.S. Presidential Election, potentially capturing over 57% of the vote, while Democrats might have secured just above 40%. Libertarians and Green Party candidates attracted minimal support, possibly indicating limited influence or voter prioritization on major parties. This suggests York County may lean heavily towards Republican preferences, which could influence local and state political strategies.
57.43% of voters voted for the Republican party in the 2020 Presidential Election
40.96% of voters voted for the Democrat party in the 2020 Presidential Election
1.25% of voters voted for the Livertarian party in the 2020 Presidential Election
0.28% of voters voted for the Green party in the 2020 Presidential Election
0.08% of voters voted for the Other party in the 2020 Presidential Election
School Data
York County, South Carolina has seen a gradual decline in its student-to-teacher ratio, dropping from 16 students per teacher in 2014 to about 14 students per teacher in 2023, even dipping below the national average. This shift could make the area more appealing to families, influencing real estate investments and new developments. For appraisers and insurance agents, understanding these changes might be crucial for assessing property values and associated... Read more
Student-to-teacher ratio in York County, South Carolina over the last 10 years
York County, South Carolina has seen a gradual decline in its student-to-teacher ratio over the past decade, dropping from 16 students per teacher in 2014 to around 14 students per teacher in 2023. In recent years, the ratio has even dipped below the national average of 14 students per teacher. These trends could be significant for those investing in real estate or building new properties, as lower student-to-teacher ratios may indicate a higher quality of education, potentially making the area more attractive to families. Additionally, for appraisers and insurance agents, understanding these changes could be key in assessing property values and risks.
