Orleans County Real Estate and Livability Trends
Orleans County, Vermont's average taxable income has seen a significant rise from $40,831.81 in 2013 to $58,851.37 in 2021, with state and local income taxes also spiking from $4,429.09 in 2012 to $24,670.59 in 2021. This could indicate a changing economic scenario that impacts property valuations and purchasing power. Median home values jumped from $154,100 in 2015 to $196,700 in 2022, offering... Read more
Orleans County Market Trends
Orleans County, Vermont's median home values have surged from $154,100 in 2015 to $196,700 in 2022, outpacing national trends, yet still falling below the state average. This discrepancy might suggest opportunities for savvy investments in what could be considered an underappreciated market. A notable spike in residential energy tax credits around 2018 hints at a community increasingly investing... Read more
Median Value of Occupied Housing Units in Orleans County, Vermont Over the Last 8 Years
Orleans County, Vermont has experienced a steady increase in median home values over the past eight years, rising from $154,100 in 2015 to $196,700 in 2022. Compared to the national median which increased from $125,500 to $179,400 in the same period, Orleans County's growth appears more robust. However, when compared to the state of Vermont, where median home values jumped from $217,500 to $272,400, Orleans County remains below the state average. This could suggest opportunities for investment due to potentially undervalued properties in an appreciating market.
Residential Energy Tax Credit Per Tax Return in Orleans County, VT Over the Last 9 Years
The data on the average residential energy tax credit per tax return in Orleans County, Vermont, reveals notable fluctuations over the last nine years. There seems to be a significant spike in 2018, with an average credit reaching approximately $4877.78, possibly indicating a surge in energy-efficient home improvements or installations. Trends also hint at a gradual uptick in 2019 and 2021, suggesting an overall growing interest in sustainable energy practices among homeowners. For potential investors or those interested in property development, this rise might reflect a community increasingly committed to energy efficiency, which could potentially influence real estate values and market dynamics.
Average Real Estate Taxes Per Tax Return in Orleans County, VT Over the Last 10 Years
Real estate taxes per tax return in Orleans County, Vermont have seen a noticeable increase over the past decade. From $4,249.57 in 2012, the average peaked at $7,044.12 in 2021, indicating a steady rise with significant jumps around 2018-2020. Such trends might suggest higher property values or changing tax assessments, impacting potential investments, property appraisals, and insurance valuations. This trajectory provides vital insights into the fiscal environment, influencing decisions for homebuyers, real estate developers, and local stakeholders.
Percentage of Farm Returns in Orleans County, VT Over the Last 10 Years
Over the last decade, Orleans County, Vermont, has seen a gentle decline in the percentage of farm tax returns, dipping from around 3.43% in 2012 to roughly 2.90% in 2021. This suggests a steady, although not steep, shift where fewer residents might be filing farm-related tax returns each year. Investors, homebuilders, and those interested in relocation should note that this could reflect mild changes in the agricultural sector, possibly indicating evolving economic priorities or land use trends in the county.
Number of Mortgages by Occupancy Type in Orleans County, VT Over the Last 5 Years in Orleans County
In Orleans County, Vermont, the number of mortgages for principal residences has consistently outpaced those for investment and second residences over the past five years. This trend suggests a stable demand for year-round housing. However, a noticeable fluctuation is seen in second residence and investment property mortgages, which could indicate changes in market dynamics or economic conditions affecting short-term occupancy options. For investors and real estate agents, these shifts are crucial as they reflect varying levels of market entry opportunities and potential return on investment. Similarly, appraisers and insurance agents might find these patterns indicative of evolving property value trends and risk factors that require adaptive measures.
Economic Outlook
Over the past decade, Orleans County in Vermont has seen average taxable income per tax return rise from $40,831.81 in 2013 to $58,851.37 in 2021. Coupled with a dramatic increase in state and local income taxes, up from $4,429.09 in 2012 to $24,670.59 in 2021, these trends suggest a shift in economic dynamics that may affect property valuations and purchasing power. This evolving financial landscape could be particularly interesting for investors, property developers, and real estate... Read more
Average Taxable Income per Tax Return in Orleans County, VT over the last 9 years
Over the past nine years, Orleans County, Vermont has seen a steady increase in average taxable income per tax return, rising from around $40,831.81 in 2013 to approximately $58,851.37 in 2021. This upward trend may attract investors and potential residents looking for promising economic growth, and it could also influence property valuations and insurance premiums. For real estate agents, this indicates a potentially higher purchasing power among residents, which is crucial for property sales and appraisals.
Average State and Local Income Taxes Per Tax Return in Orleans County, VT Over the Last 10 Years
Over the last decade in Orleans County, Vermont, state and local income taxes per tax return have seen dramatic increases, jumping from $4,429.09 in 2012 to $24,670.59 in 2021. This substantial rise may concern those considering relocating or investing here, as well as appraisers and insurance agents dealing with property values. Real estate professionals might also want to note these trends when advising clients, and potential residents should weigh the implications of the escalating tax burden. Despite the abrupt increases, it's crucial to look at how these changes align with broader economic factors in the region.
Average Total Tax Liability Per Tax Return in Orleans County, VT Over the Last 10 Years
Over the past decade, Orleans County, Vermont has generally seen an upward trend in the average total tax liability per tax return, growing from $5,879.04 in 2012 to $8,284.75 in 2021. This increase could potentially be attributed to rising property values and local economic developments. While there have been some fluctuations, the overall rise in tax liability might be indicative of a strengthening real estate market, possibly making this a time of interest for investors and property developers. This trend also signifies evolving financial landscapes that insurance agents and appraisers should closely observe, which might eventually affect rates and property values.
Cost of Living in Orleans County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,241 | $1,568 | $2,107 | $1,934 | $1,572 |
| 2 adults 3 children | $1,241 | $1,281 | $2,074 | $1,934 | $1,395 |
| 1 adult 4 children | $1,241 | $1,281 | $1,456 | $1,934 | $1,676 |
| 1 adult 3 children | $1,241 | $1,046 | $1,423 | $1,934 | $1,510 |
| 2 adults 2 children | $953 | $1,049 | $2,040 | $1,685 | $1,203 |
| 1 adult 2 children | $953 | $783 | $1,390 | $1,685 | $1,217 |
| 2 adults 1 child | $953 | $829 | $2,007 | $876 | $1,057 |
| 1 adult 1 child | $953 | $535 | $1,357 | $876 | $952 |
| 2 adults | $844 | $666 | $1,455 | $0 | $820 |
| 1 adult | $706 | $363 | $728 | $0 | $615 |
Safety trends & Data
In Orleans County, Vermont, property crimes show notable shifts over the past five years, particularly with larceny-theft ranging from 44 in 2021 to 85 in 2019. Although burglary rates have remained relatively stable, peaking at 10 in 2022, vandalism saw occasional spikes, such as 28 cases in 2019. Motor vehicle thefts are consistently low, while fraud and embezzlement incidents present erratic patterns, highlighting potential fluctuations in enforcement or reporting over time. Understanding... Read more
Property Crime Trends in Orleans County, VT Over the Last 5 Years
In Orleans County, Vermont, property crimes have fluctuated over the last five years. Larceny-theft consistently tops the charts, with numbers varying from 44 in 2021 to 85 in 2019. While burglary rates have remained relatively stable, peaking at 10 in 2022, vandalism incidents also saw occasional spikes, notably 28 in 2019. Motor vehicle thefts hovered around 4 to 5 cases annually. Fraud and embezzlement incidents demonstrate irregular patterns, suggesting varying enforcement or reporting standards. These trends offer critical insights for potential investors, property developers, insurance agents, and residents in understanding the county's evolving risk landscape.
Demographics
Orleans County, Vermont, shows a fairly balanced gender distribution, with slightly more males than females. Educational attainment reveals a significant portion having just a high school diploma or some college experience, but a notable fraction holding a bachelor's or higher degree, potentially influencing socioeconomic conditions. The age distribution trends older, with a substantial number of residents aged 55 and above, which may impact local healthcare and social services. Racially, the... Read more
Race Distribution in Orleans County, Vermont (2022)
Educational Attainment in Orleans County, Vermont (2022)
Age Distribution in Orleans County, Vermont
Citizen Population in Orleans County, Vermont (2022)
Political Trends & Data
Orleans County, Vermont leaned slightly Democratic in the 2020 U.S. Presidential Election, with Democrats capturing around 50.2% of the vote compared to Republicans' 45.9%. Minor parties like the Libertarians and Greens gathered less than 5% altogether, indicating a predominantly two-party preference despite some political diversity. This subtle Democratic edge might hint at the county's shifting political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Orleans County, Vermont, the 2020 U.S. Presidential Election results suggest that the Democratic party potentially had the edge with around 50.2% of the vote, while Republicans were close behind with approximately 45.9%. Libertarian and Green parties, along with other candidates, garnered a minor share of the vote, collectively contributing less than 5%. This trend might indicate a slight Democratic lean in an area that could be described as somewhat politically diverse but with a clear preference for the two major parties.
45.89% of voters voted for the Republican party in the 2020 Presidential Election
50.23% of voters voted for the Democrat party in the 2020 Presidential Election
0.94% of voters voted for the Livertarian party in the 2020 Presidential Election
0.24% of voters voted for the Green party in the 2020 Presidential Election
2.70% of voters voted for the Other party in the 2020 Presidential Election
School Data
Orleans County, Vermont has seen its student-to-teacher ratio rise from 10 to 12 over the past decade, still comfortably below the national average of 14. This trend suggests more individualized attention for students, potentially enhancing educational outcomes. For families considering relocation or investors eyeing the area, this lower ratio could indicate a higher quality of education, making properties in Orleans County more attractive. Real estate professionals might use this data as a... Read more
Student-to-teacher ratio in Orleans County, Vermont over the last 10 years
Over the past decade, the student-to-teacher ratio in Orleans County, Vermont has shown a gradual increase from 10 to 12, well below the national average of 14 students per teacher. This trend of having fewer students per classroom may imply more individualized attention for students, potentially leading to better educational outcomes. For those considering moving to or investing in the area, this lower ratio could be a significant selling point, suggesting a higher standard of education. Real estate agents and builders might highlight this as a compelling factor, while appraisers and insurance agents could also consider it when evaluating properties.
