Calhoun County Real Estate and Livability Trends
Calhoun County, West Virginia has seen its median home values soar from $71,100 in 2015 to $111,000 in 2022, offering an enticing prospect for investors and homeowners eyeing affordability in an appreciating market. Real estate taxes per tax return have fluctuated considerably, moving from $626.92 in 2012 to $1,800.00 by 2018, indicating a tax environment that requires careful financial planning.... Read more
Calhoun County Market Trends
Calhoun County, West Virginia, has experienced a substantial rise in median home values, moving from $71,100 in 2015 to $111,000 in 2022. Meanwhile, the state median climbed from $103,800 to $145,800, and the national median from $125,500 to $179,400. This affordability might appeal to investors and homeowners looking for value in a growing market. Energy tax credits in Calhoun County have shown... Read more
Median Value of Occupied Housing Units in Calhoun County, West Virginia Over the Last 8 Years
Calhoun County, West Virginia, has seen a steady rise in median home values over the past eight years, jumping from $71,100 in 2015 to $111,000 in 2022. This vigorous growth pace is particularly intriguing when compared to the state median, which escalated from $103,800 to $145,800 over the same period. Nationally, median home values have been significantly higher, increasing from $125,500 in 2015 to $179,400 in 2022. For investors and potential homeowners, this comparative affordability might present promising opportunities in Calhoun County while still being part of the general upward trend seen across West Virginia and the United States.
Residential Energy Tax Credit Per Tax Return in Calhoun County, WV Over the Last 3 Years
Calhoun County, West Virginia, has seen fluctuations in its residential energy tax credits per tax return over the past three years. Specifically, the average credit dropped from $250.00 in 2013 to $166.67 in 2014, before rebounding to $300.00 in 2015. Investors, property developers, and residents might find these credits indicative of varying energy efficiency efforts and installations, possibly influenced by local economic policies or incentives. This variability in credits could be essential for understanding potential energy costs and savings when evaluating properties in the area.
Average Real Estate Taxes Per Tax Return in Calhoun County, WV Over the Last 7 Years
Over the past seven years, the average real estate taxes per tax return in Calhoun County, West Virginia have shown notable fluctuations. From 2012 to 2017, there was a gradual increase from around $626.92 to roughly $861.90, followed by a slight dip to approximately $779.17. However, a significant spike occurred in 2018, jumping to $1,800.00. This pattern suggests a potentially volatile tax environment, which could be important for investors, developers, and real estate professionals when evaluating the financial aspects of properties in the area.
Percentage of Farm Returns in Calhoun County, WV Over the Last 10 Years
Calhoun County, West Virginia has shown a generally increasing trend in the percentage of farm tax returns over the past decade. Starting from about 5.28% in 2012, the percentage has fluctuated but experienced an overall increase to around 7.18% by 2021. Farm tax returns are filings that indicate income derived from agricultural activities, reflecting the vitality of farming in the area. For potential investors or new residents, this trend could suggest a growing agricultural community and possibly more economic opportunities tied to farming activities.
Number of Mortgages by Occupancy Type in Calhoun County, WV Over the Last 5 Years in Calhoun County
Calhoun County, West Virginia has seen notable fluctuations in mortgage types over the last five years, with principal residence mortgages consistently outnumbering those for investment or second residences. A surge in principal residence mortgages in 2022 suggests perhaps an increase in local homeownership or an influx of new residents. Investors and developers might see opportunity in the relatively stable yet low numbers of investment property mortgages, which could indicate room for growth. For appraisers and insurance agents, these trends might point to changing dynamics in risk profiles and property valuations in the area. Real estate agents and potential homebuyers could use this information to gauge market demand and align their strategies accordingly.
Economic Outlook
Calhoun County, West Virginia exhibits a mix of modest growth and occasional dips in average taxable income, peaking at $51,566.67 in 2018 and hitting a low of $41,280.25 in 2016. State and local income taxes have also fluctuated significantly, reaching $9,200.00 in 2021 from a low of $5,654.84 in 2016. Additionally, total tax liabilities per tax return have seen peaks and dips, with the highest at $6,841.67 in 2014 and dips just above $5,200 in 2016 and 2020. These patterns could reflect... Read more
Average Taxable Income per Tax Return in Calhoun County, WV over the last 9 years
Calhoun County, West Virginia has seen fluctuating average taxable incomes over the last nine years, with figures ranging from a low of $41,280.25 in 2016 to a high of $51,566.67 in 2018. The general trend suggests modest growth with occasional dips. Investors and real estate agents might find this data useful for evaluating economic conditions, while appraisers and insurance agents could see implications for property values and risk assessments. Changes in average taxable income could reflect broader economic shifts and impact decisions on moving, building, or investing in the area.
Average State and Local Income Taxes Per Tax Return in Calhoun County, WV Over the Last 10 Years
Significant fluctuations in average state and local income taxes per tax return have been recorded in Calhoun County, West Virginia over the last decade, ranging from a low of $5,654.84 in 2016 to a peak of $9,200.00 in 2021. The notable increase in 2020 and 2021 might indicate economic changes or updated tax policies. This volatility can be crucial for real estate agents and potential investors assessing the financial landscape, as well as for insurance agents and appraisers accounting for future trends. Understanding these variations is also essential for residents and businesses planning long-term financial strategies.
Average Total Tax Liability Per Tax Return in Calhoun County, WV Over the Last 10 Years
Over the last decade, Calhoun County, West Virginia has seen fluctuating average total tax liabilities per tax return. Notably peaking at $6,841.67 in 2014, the tax liabilities dipped notably in 2016 and 2020 to just above $5,200. Patterns suggest potential economic shifts or policy changes impacting residents. While tax burdens seem somewhat volatile, this information is crucial for investors, real estate agents, and property builders who need a gauge on the financial responsibilities facing future residents.
Cost of Living in Calhoun County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,045 | $1,279 | $3,162 | $982 | $1,626 |
1 adult 4 children | $1,045 | $1,044 | $2,428 | $982 | $1,608 |
2 adults 3 children | $1,045 | $1,045 | $2,738 | $982 | $1,320 |
1 adult 3 children | $1,045 | $853 | $2,005 | $982 | $1,260 |
2 adults 2 children | $738 | $855 | $2,314 | $856 | $1,038 |
1 adult 2 children | $738 | $639 | $1,581 | $856 | $892 |
2 adults 1 child | $738 | $676 | $1,890 | $449 | $934 |
1 adult 1 child | $738 | $437 | $1,157 | $449 | $707 |
2 adults | $598 | $543 | $1,467 | $0 | $773 |
1 adult | $594 | $296 | $733 | $0 | $587 |
Safety trends & Data
Property crime in Calhoun County, West Virginia, has fluctuated in recent years, with notable peaks and drops in specific offenses. Vandalism hit a peak in 2018 with six cases but has decreased since, whereas larceny-theft spiked in 2020 with five incidents. Motor vehicle theft has been relatively steady, varying between one and three cases yearly. The emergence of crimes such as arson and forgery in 2022 might add new factors for consideration when evaluating property investments and insurance... Read more
Property Crime Trends in Calhoun County, WV Over the Last 5 Years
Property crime in Calhoun County, West Virginia, has shown variability over the past five years, with notable fluctuations in specific crimes. Vandalism peaked in 2018 with six incidents but has since decreased, while larceny-theft saw a significant rise in 2020 with five recorded cases before dropping. Motor vehicle thefts have remained relatively steady, fluctuating between one and three cases annually. The introduction of crimes like arson and forgery in 2022 adds complexity to the crime landscape. These trends might suggest fluctuating but some persistent concerns in the area, affecting decisions on property investment and insurance rates.
Demographics
Calhoun County, West Virginia's 2022 data shows almost an equal split between male and female adult populations. High school graduates make up the largest segment of educational attainment, with the majority of the population holding at least a basic high school education but only a small fraction advancing to graduate or professional degrees. The county has a predominantly aging population, with significant numbers in the 55+ age ranges, hinting at potential future challenges in workforce... Read more
Race Distribution in Calhoun County, West Virginia (2022)
Educational Attainment in Calhoun County, West Virginia (2022)
Age Distribution in Calhoun County, West Virginia
Citizen Population in Calhoun County, West Virginia (2022)
Political Trends & Data
In the 2020 U.S. Presidential Election, Calhoun County in West Virginia appeared to lean heavily Republican, with nearly 80% of voters choosing GOP candidates. Democrats received about 19%, while third-party options garnered limited support, around 1% for Libertarians and 0.3% for the Green Party. This significant voter disparity suggests Calhoun County might be a Republican stronghold, reflecting broader state and possibly regional... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In the 2020 U.S. Presidential Election, Calhoun County in West Virginia likely leaned heavily Republican, with nearly 80% of the votes cast for the GOP. Democrats garnered roughly 19%, while third-party options like the Libertarian and Green parties received minimal support at around 1% and 0.3%, respectively. The striking disparity suggests that this county could be a stronghold for Republican candidates, reflecting broader state and possibly regional trends.
79.57% of voters voted for the Republican party in the 2020 Presidential Election
19.12% of voters voted for the Democrat party in the 2020 Presidential Election
0.98% of voters voted for the Livertarian party in the 2020 Presidential Election
0.34% of voters voted for the Green party in the 2020 Presidential Election
School Data
Calhoun County, West Virginia, has experienced varying student-to-teacher ratios over the past decade, with peaks in 2018 and 2021 slightly exceeding 13 students per teacher. Generally below the national average, these lower ratios suggest smaller class sizes, potentially drawing families to the area. This could positively influence local real estate markets, making properties more appealing. Additionally, appraisers and insurance agents might view this as a favorable factor, potentially... Read more
Student-to-teacher ratio in Calhoun County, West Virginia over the last 10 years
Calhoun County, West Virginia, has shown fluctuating student-to-teacher ratios over the past decade, with notable spikes in 2018 and 2021, reaching values above 14 and 13, respectively. This variable ratio, generally below the national average of 14 students per teacher, impacts several key areas. For potential investors or builders, a lower student-to-teacher ratio often signals smaller class sizes, which can be an attractive feature for families moving to the area. Real estate agents may find this aspect appealing when marketing properties. From an educational standpoint, appraisers and insurance agents might consider this data when assessing property values and determining risk, as regions with better educational environments could be deemed more desirable.