Caledonia County Real Estate and Livability Trends
Caledonia County, Vermont's average taxable income per tax return has surged from approximately $44,995.60 in 2013 to around $64,041.28 in 2021, possibly indicating robust economic growth and enhanced earning prospects, making it appealing for investors. The median home values have risen significantly from $176,200 in 2021 to $197,700 in 2022, offering affordable yet promising investment... Read more
Caledonia County Market Trends
Caledonia County, Vermont's median home values have risen notably from $176,200 in 2021 to $197,700 in 2022, outpacing national growth and offering affordable investment opportunities. The average residential energy tax credit per return peaked at $4,145.45 in 2018, hinting at periods of increased energy-efficient investments or policy shifts that could affect property values and real estate... Read more
Median Value of Occupied Housing Units in Caledonia County, Vermont Over the Last 8 Years
Caledonia County, Vermont has experienced a steady increase in median home values over the past 8 years, culminating in a significant jump from $176,200 in 2021 to $197,700 in 2022. While still lower than Vermont's state-wide median of $272,400 in 2022, Caledonia County’s growth outpaces the national median, which reached $179,400 that same year. This surge presents a potential investment opportunity as the county’s housing market may offer more affordable entry points compared to both state and national averages, yet it shows a promising upward trajectory.
Residential Energy Tax Credit Per Tax Return in Caledonia County, VT Over the Last 9 Years
In Caledonia County, Vermont, the average residential energy tax credit per tax return has shown notable fluctuations over the past nine years, with key spikes in 2015 and 2017-2019, peaking at $4,145.45 in 2018. These variations suggest potential shifts in resident investment in energy-efficient solutions or changes in local energy policies. For stakeholders, these patterns could indicate periods of increased home upgrades or policy incentives, possibly affecting property values, insurance assessments, and real estate transactions. This data may offer valuable insights for those planning to invest, develop, or advise in the region.
Average Real Estate Taxes Per Tax Return in Caledonia County, VT Over the Last 10 Years
Over the past decade, real estate taxes per return in Caledonia County, Vermont have seen a substantial increase, jumping from approximately $4,556.79 in 2012 to around $7,840.91 by 2021. This upward trend in real estate taxes could be indicative of rising property values or increasing tax rates, impacting the cost of owning property in the area. For those looking to invest, build, or move to Caledonia County, understanding these trends is crucial for financial planning and forecasting. Real estate agents, appraisers, and insurance agents should particularly note these changes to better advise their clients and assess property values accordingly.
Percentage of Farm Returns in Caledonia County, VT Over the Last 10 Years
Over the past decade, Caledonia County, Vermont has shown a slight decline in the percentage of farm tax returns, dropping from approximately 2.65% in 2012 to about 2.18% in 2021. This trend could suggest shifts in the local agricultural economy. For those considering investing, moving, or building property here, it's worth noting the subtle yet steady reduction in farm activity, potentially opening opportunities in other sectors or implying a need for support in the agricultural domain. Farm tax returns reflect the number of farms reporting income to the IRS, an indicator of economic activity in agriculture, influencing potential investment or development strategies.
Number of Mortgages by Occupancy Type in Caledonia County, VT Over the Last 5 Years in Caledonia County
Over the last five years, Caledonia County, Vermont has seen steady growth in principal residence mortgages, peaking in 2021 at nearly 1,300, while investment property mortgages have shown a more modest increase, albeit notable, particularly from 2018 to 2022. Second residence mortgages also saw a fluctuation, with a significant increase in 2020. Changes in occupancy type could influence property values, demand, and risk profiles, which are pivotal for investors, potential residents, appraisers, and insurance agents alike. These shifts offer a snapshot into the evolving real estate landscape, impacting decisions on whether to invest, buy, or build in the area.
Economic Outlook
Caledonia County, Vermont has seen a significant rise in the average taxable income per tax return over nine years, climbing from about $44,995.60 in 2013 to roughly $64,041.28 in 2021. This upward trend may indicate economic growth and higher earning opportunities, making the area attractive for investors and real estate developers. Additionally, average state and local income taxes per tax return have soared from $4,934.33 in 2012 to $16,269.77 by 2021, potentially impacting decisions for... Read more
Average Taxable Income per Tax Return in Caledonia County, VT over the last 9 years
Caledonia County, Vermont has seen a noticeable upward trend in average taxable income per tax return over the last nine years, moving from approximately $44,995.60 in 2013 to around $64,041.28 in 2021. This increment may reflect economic growth and potentially higher earning opportunities in the area, making it more attractive for potential investors, home buyers, and real estate developers. The steady rise could also influence appraisals and insurance assessments, offering promising cues for those interested in the local economy.
Average State and Local Income Taxes Per Tax Return in Caledonia County, VT Over the Last 10 Years
Over the last decade, Caledonia County, Vermont has witnessed a notable increase in average state and local income taxes per tax return, starting from $4,934.33 in 2012 and surging to $16,269.77 by 2021. This significant upward trend suggests a heightened tax burden, which could influence decisions for potential investors, prospective homebuyers, and real estate agents. By understanding these changes, insurance agents, appraisers, and property developers can better anticipate economic and demographic shifts in the area.
Average Total Tax Liability Per Tax Return in Caledonia County, VT Over the Last 10 Years
Over the last decade, Caledonia County, Vermont has witnessed a notable increase in average total tax liability per tax return. Starting at approximately $6,239.15 in 2012 and steadily climbing to around $9,488.64 by 2021, this trend suggests heightened tax burdens. Such changes may be a critical consideration for potential investors, real estate developers, and current residents, reflecting evolving financial obligations. This data might hint at broader economic dynamics and shifts affecting the local economy.
Cost of Living in Caledonia County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,167 | $1,745 | $2,107 | $1,670 | $1,492 |
| 2 adults 3 children | $1,167 | $1,426 | $2,074 | $1,670 | $1,308 |
| 1 adult 4 children | $1,167 | $1,425 | $1,456 | $1,670 | $1,571 |
| 1 adult 3 children | $1,167 | $1,164 | $1,423 | $1,670 | $1,391 |
| 2 adults 2 children | $954 | $1,167 | $2,040 | $1,461 | $1,161 |
| 1 adult 2 children | $954 | $872 | $1,390 | $1,461 | $1,151 |
| 2 adults 1 child | $954 | $922 | $2,007 | $783 | $1,054 |
| 1 adult 1 child | $954 | $596 | $1,357 | $783 | $934 |
| 2 adults | $845 | $741 | $1,455 | $0 | $836 |
| 1 adult | $810 | $404 | $728 | $0 | $655 |
Safety trends & Data
Caledonia County, Vermont's property crime rates have had notable fluctuations over the past five years. Larceny-theft incidents reached a peak of 71.0 cases in 2022, up from a low of 30.0 in 2020, and vandalism showed a high of 28.0 cases in 2021. Burglary incidents generally ranged between 10.0 to 16.0 annually, while motor vehicle thefts remained low but saw a brief increase to 7.0 cases in 2021 before dropping to 5.0 in 2022. These trends could influence potential investors and residents... Read more
Property Crime Trends in Caledonia County, VT Over the Last 5 Years
Caledonia County, Vermont has seen fluctuating property crime rates over the past five years. Notably, larceny-theft incidents frequently top the chart, peaking at 71.0 cases in 2022 from a low of 30.0 in 2020. Vandalism also presents a noteworthy trend, with its highest value of 28.0 in 2021, suggesting periodic spikes in criminal damage. Meanwhile, burglary numbers have generally ranged between 10.0 to 16.0 incidents annually. Motor vehicle thefts, although consistently low, saw a minor increase to 7.0 cases in 2021 before dropping to 5.0 in 2022. Potential investors and residents should consider these patterns when evaluating the area's safety and crime prevention measures.
Demographics
Caledonia County, Vermont, shows a fairly balanced gender distribution with nearly equal numbers of males and females. Education levels are diverse, with a significant portion having attained a high school diploma or some college experience. Age-wise, the population leans toward middle-aged and older adults, particularly those in the 55 to 64 age range. Racially, the county remains predominantly White, with very small populations of other racial groups highlighting limited diversity. This... Read more
Race Distribution in Caledonia County, Vermont (2022)
Educational Attainment in Caledonia County, Vermont (2022)
Age Distribution in Caledonia County, Vermont
Citizen Population in Caledonia County, Vermont (2022)
Political Trends & Data
Caledonia County in Vermont potentially showcases a strong Democratic preference, with around 56.3% of the voters possibly leaning towards the Democratic party in the recent presidential election, compared to approximately 39.1% for Republicans. The influence of third-party candidates seems minimal, indicating a dominant two-party dynamic in the region. This pattern could hint at a community that perhaps resonates more with Democratic policies and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Caledonia County in Vermont saw the Democratic party possibly enjoying a significant lead with around 56.3% of the votes, while Republicans might have garnered approximately 39.1%. Third-party candidates, including Libertarians and Greens, seemed to capture a small fraction of the vote, potentially underlining the county's lean towards two major parties. This pattern could suggest a strong preference for Democratic policies among the electorate in this region.
39.08% of voters voted for the Republican party in the 2020 Presidential Election
56.27% of voters voted for the Democrat party in the 2020 Presidential Election
0.99% of voters voted for the Livertarian party in the 2020 Presidential Election
0.42% of voters voted for the Green party in the 2020 Presidential Election
3.24% of voters voted for the Other party in the 2020 Presidential Election
School Data
Caledonia County, Vermont's student-to-teacher ratio has consistently been lower than the national average of 14, ranging from 8 to 11 over the last decade. Noteworthy drops in 2018 and 2019 to approximately 10 and 8 students per teacher, respectively, suggest more personalized educational experiences. These favorable educational metrics could drive real estate demand, potentially impacting property values and making the area attractive for families prioritizing close student-teacher... Read more
Student-to-teacher ratio in Caledonia County, Vermont over the last 10 years
The student-to-teacher ratio in Caledonia County, Vermont has consistently been lower than the national average of 14, with a range between 8 and 11 students per teacher over the last decade. Especially noteworthy are the drops in 2018 and 2019 to approximately 10 and 8 students per teacher, respectively. These shifts suggest that classrooms in Caledonia County may offer a more personalized educational experience. Lower ratios could be appealing for families prioritizing closer student-teacher interaction, potentially driving demand in local real estate markets and influencing decisions for appraisal values. For those investing or building property, sustaining such favorable educational metrics might be a selling point, impacting long-term property values positively. Those involved in local economic forecasting or municipal planning could interpret these trends as indicative of a community placing high value on education, which might correlate with broader socio-economic benefits.
