York County Real Estate and Livability Trends
York County, Virginia has seen a significant rise in average taxable income per tax return from $71,945.04 in 2013 to $95,523.08 in 2021, hinting at a growing affluent population and potential for increased property values. Median home values have outpaced state and national averages, climbing from $312,600 in 2015 to $387,200 in 2022. Despite rising average total tax liabilities and real estate... Read more
York County Market Trends
York County, Virginia has seen a steady rise in median home values over the past eight years, outpacing state and national averages, making it potentially attractive for investors and new residents. The median home values climbed from $312,600 in 2015 to $387,200 in 2022, compared to Virginia's increase from $245,000 to $339,800. Interestingly, York County's average residential energy tax credits... Read more
Median Value of Occupied Housing Units in York County, Virginia Over the Last 8 Years
Over the past 8 years, York County, Virginia has seen a consistent increase in the median home values, climbing from $312,600 in 2015 to $387,200 in 2022. This growth outpaces both the state and national averages, with Virginia's median home values rising from $245,000 to $339,800, and the national median experiencing a jump from $125,500 to $179,400 during the same period. This trend could be highly attractive for potential investors and those looking to move, indicating a robust and appreciating housing market in York County. For current residents, it reflects a strengthening economic landscape that could enhance property values and investment returns.
Residential Energy Tax Credit Per Tax Return in York County, VA Over the Last 9 Years
York County, Virginia has experienced noticeable fluctuations in average residential energy tax credits per tax return over the past nine years. From a relatively modest starting point in 2013, values saw a significant jump in 2018, reaching a whopping $2,240.00. More recent years, particularly 2019 to 2021, show a stabilization with averages hovering between $1,206.00 and $1,535.48. This stark increase since 2018 could indicate a heightened investment in energy-efficient home improvements, potentially driven by incentives, rising energy costs, or evolving energy policies. For real estate agents, investors, and homeowners, this trend may suggest a growing valuation in properties with energy-efficient upgrades, affecting appraisals and insurance evaluations.
Average Real Estate Taxes Per Tax Return in York County, VA Over the Last 10 Years
Over the past decade, York County, Virginia has seen a noticeable rise in average real estate taxes per tax return, escalating from roughly $2,845.16 in 2012 to approximately $4,086.69 in 2021. This upward trend may indicate a stronger local economy, rising property values, or changes in tax rates. For prospective investors, real estate agents, and appraisers, understanding this tax trajectory could be crucial for forecasting future costs and potential returns. Additionally, higher taxes could influence residents' decisions on whether to move to or remain in York County.
Percentage of Farm Returns in York County, VA Over the Last 10 Years
York County, Virginia has seen minor fluctuations in farm tax returns over the last decade, with a high of 0.19% in 2012 and a low of 0.12% in 2019, most years hovering around 0.15%. Farm tax returns are relevant as they reflect the agricultural activity and viability in the area, which can influence land use considerations, investment opportunities, and real estate values. Investors and potential residents might find this useful for assessing the agricultural economy's health and its potential impact on community growth and land use planning.
Number of Mortgages by Occupancy Type in York County, VA Over the Last 5 Years in York County
Over the last five years in York County, Virginia, the number of mortgages for principal residences has consistently dominated, drawing a clear preference for permanent living arrangements. Investment property mortgages, though increasing in the early years, saw a decline by 2022. Meanwhile, second residence mortgages fluctuated minimally. For potential investors and appraisers, these trends imply a stable demand for family homes and perhaps a cooling interest in investment opportunities. Real estate agents and developers might find the steady demand for primary homes a promising indicator for new housing projects, while insurance agents can anticipate a client base focusing more on principal residences. Understanding these occupancy trends could guide strategic decisions for anyone involved in property and real estate activities in York County.
Economic Outlook
York County, Virginia has experienced a substantial increase in average taxable income per tax return, jumping from $71,945.04 in 2013 to $95,523.08 in 2021. This trend hints at a growing affluent population, which could attract real estate investors and developers. The rising average state and local income taxes—from approximately $5,803 in 2012 to nearly $9,914 in 2021—might signal higher incomes but could be a consideration for newcomers assessing the area's tax landscape. Similarly, the... Read more
Average Taxable Income per Tax Return in York County, VA over the last 9 years
York County, Virginia has seen a notable rise in average taxable income per tax return over the past nine years, suggesting increasing economic vitality in the area. The average figure jumped from $71,945.04 in 2013 to $95,523.08 in 2021. This upward trend could indicate a growing affluent population, potentially making this county an appealing prospect for investors and real estate developers. The trend could also affect property valuations, making it crucial for appraisers and insurance agents to consider these economic shifts. Potential movers and residents may find this economic growth encouraging as it might herald expanding job opportunities and higher living standards.
Average State and Local Income Taxes Per Tax Return in York County, VA Over the Last 10 Years
York County, Virginia has seen a notable rise in average state and local income taxes over the last decade, increasing from about $5,803 in 2012 to nearly $9,914 in 2021. This upward trend might signal a growing economic base and potentially higher incomes, although it could also be a consideration for newcomers and investors evaluating the area's overall tax landscape. Real estate agents and property developers should weigh this alongside other factors when advising clients, as it could affect purchasing decisions and property values in the region.
Average Total Tax Liability Per Tax Return in York County, VA Over the Last 10 Years
The average total tax liability per tax return in York County, Virginia, has shown a noticeable upward trend over the last decade. Starting at approximately $11,086.98 in 2012, it saw gradual increases, peaking at about $14,817.68 in 2021. Key upticks were observed particularly between 2016 and 2017, and again from 2020 to 2021. These shifts are crucial for potential investors, homebuyers, and stakeholders as they reflect changes in the economic landscape, suggesting growth and possibly increased income levels in York County. For insurance agents and appraisers, this trend could indicate rising property values and associated risks or opportunities.
Cost of Living in York County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,415 | $1,488 | $1,579 | $1,943 | $2,104 |
| 1 adult 4 children | $2,415 | $1,215 | $1,205 | $1,943 | $2,249 |
| 2 adults 3 children | $2,415 | $1,216 | $1,372 | $1,943 | $1,847 |
| 1 adult 3 children | $2,415 | $992 | $997 | $1,943 | $2,046 |
| 2 adults 2 children | $1,728 | $995 | $1,164 | $1,691 | $1,347 |
| 1 adult 2 children | $1,728 | $743 | $790 | $1,691 | $1,461 |
| 2 adults 1 child | $1,728 | $786 | $956 | $871 | $1,145 |
| 1 adult 1 child | $1,728 | $508 | $582 | $871 | $1,125 |
| 2 adults | $1,479 | $632 | $749 | $0 | $904 |
| 1 adult | $1,451 | $345 | $374 | $0 | $842 |
Safety trends & Data
York County, Virginia has seen fluctuating property crime rates, with larceny-theft being the most common, peaking at 349 cases in 2019. Fraud and vandalism have also been significant but showed a notable decline, especially fraud which dropped to 22 incidences in 2021. Burglaries hit a low of 6 in 2019 before seeing a slight uptick. These trends hint at changing crime patterns, which could influence residential security measures, property values, and insurance... Read more
Property Crime Trends in York County, VA Over the Last 5 Years
Over the last five years, York County, Virginia has experienced fluctuating rates of property crimes, with larceny-theft consistently the most frequent offense, peaking at 349 reported cases in 2019. The prevalence of fraud and vandalism appears substantial as well, though these numbers saw notable decreases, particularly in 2021 with fraud dropping to 22 incidences. Noteworthy is the sharp reduction in burglaries, dipping to as low as 6 in 2019 and rising slightly since. These trends may suggest evolving crime patterns, potentially impacting residential security measures, property values, and insurance premiums.
Demographics
York County, Virginia, showcases a balanced gender distribution with slightly more females than males. Educational attainment highlights a highly educated populace, with around 12,821 residents holding a Bachelor's degree and 10,653 possessing a graduate or professional degree. The age distribution reveals a youthful aura with a significant portion of the population under 44 years old, while there remains a substantial presence of older adults. Racially, York County is predominantly White,... Read more
Race Distribution in York County, Virginia (2022)
Educational Attainment in York County, Virginia (2022)
Age Distribution in York County, Virginia
Citizen Population in York County, Virginia (2022)
Political Trends & Data
York County, Virginia, tends to exhibit a competitive political landscape, evidenced by the 2020 U.S. Presidential Election results where approximately 52% of votes went to the Republican party, closely trailed by nearly 46% for the Democrats. With third parties only capturing around 2.3% of the vote, it might demonstrate limited influence of alternative political options. This dynamic may reflect a somewhat balanced voter base that could be influential in local real estate trends and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
York County, Virginia, might have leaned slightly Republican in the 2020 U.S. Presidential Election, with around 52% of the vote going to the GOP. Democrats followed closely, securing nearly 46%. Libertarians and other parties seemed to have minimal impact, collectively garnering about 2.3% of the vote. This distribution could suggest a relatively competitive political landscape in the county.
52.18% of voters voted for the Republican party in the 2020 Presidential Election
45.59% of voters voted for the Democrat party in the 2020 Presidential Election
1.75% of voters voted for the Livertarian party in the 2020 Presidential Election
0.48% of voters voted for the Other party in the 2020 Presidential Election
School Data
York County, Virginia's student-to-teacher ratio has fluctuated between 14 and 17 over the past nine years, presenting a noteworthy contrast with the current U.S. national average of 14. This trend can greatly influence community satisfaction and potential real estate value, with lower ratios potentially offering more personalized education—a possible selling point for families. Meanwhile, higher ratios could indicate a need for more educational infrastructure investment, likely affecting... Read more
Student-to-teacher ratio in York County, Virginia over the last 9 years
Over the past nine years, York County, Virginia has seen fluctuations in its student-to-teacher ratio, peaking at 17 in 2014 and dipping to the lowest point of 14 in 2021. While these ratios generally hovered around the mid-15s, they present an interesting comparison to the current U.S. national average of 14 students per teacher. This ratio's trend is important for potential residents and investors to consider, as it can impact educational quality, budgeting for educational resources, and overall community satisfaction. Schools with lower student-to-teacher ratios may offer a more personalized education, which could be a selling point for families looking to move to the area or for real estate agents marketing properties. Conversely, higher ratios might necessitate more investment in educational infrastructure, which could influence where developers and builders choose to focus their efforts.
