Doddridge County Real Estate and Livability Trends
Doddridge County, West Virginia's real estate market has witnessed substantial growth in median home values from $92,000.00 in 2015 to $147,300.00 in 2022, often outpacing broader trends. Real estate taxes peaked at $1,532.14 in 2016 before settling around $1,000.00 more recently, perhaps making the area more attractive for new residents. Meanwhile, the county's student-to-teacher ratio has... Read more
Doddridge County Market Trends
Doddridge County, West Virginia has seen robust growth in median home values, rising from $92,000 in 2015 to $147,300 in 2022, outpacing state and national trends. Fluctuations in residential energy tax credits, with highs like $350.00 in 2017, suggest shifting energy efficiency investments or policy impacts, potentially benefiting long-term residential developments. Real estate taxes have seen... Read more
Median Value of Occupied Housing Units in Doddridge County, West Virginia Over the Last 8 Years
Doddridge County, West Virginia has seen consistent increases in median home values over the last eight years, jumping from $92,000 in 2015 to $147,300 in 2022. This growth has outpaced both the state and national averages, with West Virginia moving from $103,800 to $145,800 and the U.S. climbing from $125,500 to $179,400 in the same period. For prospective investors or residents, this trend might indicate emerging opportunities and growing desirability within Doddridge County compared to broader markets.
Residential Energy Tax Credit Per Tax Return in Doddridge County, WV Over the Last 5 Years
Doddridge County, West Virginia has seen fluctuating residential energy tax credits per tax return over the last five years, with notable increases in 2015 to $333.33 and in 2017 to $350.00. This variability in tax credits suggests potential shifts in either energy efficiency investments or policy impacts, making it a point of interest for investors, real estate developers, and insurance agents evaluating the energy profile and associated financial benefits in the region. These trends could indicate a growing emphasis on energy-saving measures, possibly making the area more attractive for long-term residential developments and value assessments.
Average Real Estate Taxes Per Tax Return in Doddridge County, WV Over the Last 10 Years
Over the past decade, real estate taxes in Doddridge County, West Virginia have fluctuated notably, showing a peak at $1,532.14 in 2016 and a noticeable decline to $950.00 by 2019, before stabilizing around $1,000.00 in recent years. This variability may suggest changing property values or alterations in tax policy, important for anyone considering property investments or real estate transactions in the county. Lower tax amounts in the latter years could potentially make the area more attractive to new residents or investors looking for more favorable tax environments.
Percentage of Farm Returns in Doddridge County, WV Over the Last 10 Years
Over the last decade, Doddridge County, West Virginia has seen a slight but notable variation in the percentage of farm tax returns, generally fluctuating around 6% to 7%. For investors or those looking to build property, this possibly suggests that farming maintains a modest but consistent presence in the local economy. If you're considering moving to or investing in this area, understanding these trends can give you a sense of the region's agricultural stability and economic backdrop.
Number of Mortgages by Occupancy Type in Doddridge County, WV Over the Last 5 Years in Doddridge County
Doddridge County, West Virginia has seen a notable trend in the number of mortgages by occupancy type over the last five years. Principal residences overwhelmingly dominate the mortgage landscape, with numbers peaking at 148 in 2020 but dropping to 116 by 2022. Investment properties and second residences have remained consistently low, with slight variations. These shifts in mortgage types can offer valuable insights to investors, real estate agents, and appraisers about local demand, potential rental market viability, and sustainability of property investments. Lower numbers for investment and second homes might indicate less speculative buying and fewer seasonal residents, which could affect everything from property values to community planning.
Economic Outlook
Doddridge County, West Virginia's real estate market shows fluctuating economic trends over the last decade, with average taxable incomes peaking at $58,905.54 in 2014 and dipping to $52,575.00 in 2020. Meanwhile, state and local income taxes saw a high of $14,200.00 in 2018 before settling at $9,633.33 in 2021, hinting at variable tax liabilities for residents. Average total tax liabilities peaked at $9,672.63 in 2019 but dropped sharply in 2020 to $6,806.28, possibly reflecting economic... Read more
Average Taxable Income per Tax Return in Doddridge County, WV over the last 9 years
Over the last nine years, Doddridge County, West Virginia has seen fluctuating trends in average taxable income per tax return, peaking in 2014 at $58,905.54 and bottoming out in 2013 at $48,022.38. Noteworthy, the figures have typically hovered around the $54,000 to $58,000 range, though there were variations like a dip in 2020 to $52,575.00. This information could be relevant for investors, real estate agents, and others interested in the local economy's strength and property market dynamics.
Average State and Local Income Taxes Per Tax Return in Doddridge County, WV Over the Last 10 Years
In Doddridge County, West Virginia, the average state and local income taxes per tax return have seen significant fluctuations over the last decade. Between 2012 and 2015, there was a steady increase, peaking at $9219.44 in 2015. A notable surge occurred in 2018, reaching $14200.00, the highest in the ten-year span. After 2018, there's a general trend of decline, but the figures still remain relatively high compared to the early 2010s, closing at $9633.33 in 2021. These trends suggest that potential investors, real estate agents, and those looking to move to the region might need to account for varying tax liabilities when planning their finances.
Average Total Tax Liability Per Tax Return in Doddridge County, WV Over the Last 10 Years
Doddridge County, West Virginia, has experienced notable fluctuations in average total tax liability per tax return over the last decade. Peaks were observed in 2015 and 2019 with tax liabilities reaching $9,508.74 and $9,672.63 respectively, suggesting periods of significant economic activity or income adjustments. Conversely, there's a sharp dip in 2020 to $6,806.28, which may reflect economic downturns or pandemic-related financial impacts. Real estate investors, appraisers, and insurance agents should be aware of these variances as they indicate economic volatility that could influence property values and risk assessments.
Cost of Living in Doddridge County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $961 | $1,408 | $3,087 | $1,023 | $1,651 |
1 adult 4 children | $961 | $1,149 | $2,370 | $1,023 | $1,600 |
2 adults 3 children | $961 | $1,150 | $2,673 | $1,023 | $1,310 |
1 adult 3 children | $961 | $939 | $1,957 | $1,023 | $1,279 |
2 adults 2 children | $738 | $941 | $2,260 | $892 | $1,079 |
1 adult 2 children | $738 | $703 | $1,543 | $892 | $950 |
2 adults 1 child | $738 | $744 | $1,846 | $467 | $969 |
1 adult 1 child | $738 | $481 | $1,130 | $467 | $743 |
2 adults | $598 | $598 | $1,432 | $0 | $805 |
1 adult | $594 | $326 | $716 | $0 | $622 |
Safety trends & Data
Property crime trends in Doddridge County, West Virginia, have seen some fluctuations over the past five years. Burglary incidents stayed consistent, ranging annually from 1.0 to 4.0, while larceny-theft notably dipped from 6.0 in 2018 to 3.0 in 2020, stabilizing around 4.0 by 2022. Motor vehicle theft spiked to 4.0 in 2020, with other years averaging 1.0. Fraud surged to 5.0 in 2021 but later dropped sharply. These trends can likely influence property values and insurance premiums, affecting... Read more
Property Crime Trends in Doddridge County, WV Over the Last 5 Years
Property crime trends in Doddridge County, West Virginia, have shown slight fluctuations over the past five years. For example, burglary incidents remained relatively consistent, ranging from 1.0 to 4.0 annually. Larceny-theft saw a notable dip from 6.0 in 2018 to 3.0 in 2020, then stabilized around 4.0 by 2022. Motor vehicle theft saw a spike in 2020 reaching 4.0, while other years hovered around 1.0. Instances of fraud notably surged to 5.0 in 2021 but dropped sharply afterward. These subtle variations in crime rates could impact property values and insurance premiums, making the area appear more or less attractive to potential investors and residents depending on observed patterns.
Demographics
The adult population in Doddridge County, West Virginia leans significantly male, making up over 58% of the demographic. Educational attainment shows a strong presence of high school graduates, with nearly 40% holding a diploma or equivalent. Age distribution suggests a balanced spread across younger and older age groups, while the racial makeup is predominantly White at over 97%, indicating a lack of racial... Read more
Race Distribution in Doddridge County, West Virginia (2022)
Educational Attainment in Doddridge County, West Virginia (2022)
Age Distribution in Doddridge County, West Virginia
Citizen Population in Doddridge County, West Virginia (2022)
Political Trends & Data
Doddridge County, West Virginia, leaned heavily Republican in the 2020 U.S. Presidential Election, with the party capturing around 84% of the vote. Democrats garnered about 14%, while the Libertarian and Green parties saw minimal support, hovering below 1%. This significant conservative preference may play a role in shaping local policies and community values towards more right-leaning stances, which could affect decisions on development and investments in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Doddridge County, West Virginia, leaned heavily Republican in the 2020 U.S. Presidential Election, with the party capturing approximately 84% of the vote. Democrats garnered around 14%, while the Libertarian and Green parties saw minimal support, hovering below 1%. This skew suggests a strong conservative preference, potentially influencing local policy and community values towards more right-leaning stances.
84.46% of voters voted for the Republican party in the 2020 Presidential Election
14.03% of voters voted for the Democrat party in the 2020 Presidential Election
0.97% of voters voted for the Livertarian party in the 2020 Presidential Election
0.55% of voters voted for the Green party in the 2020 Presidential Election
School Data
Doddridge County, West Virginia has seen its student-to-teacher ratio drop from a high of 16 in 2016 to around 12 in 2023, which is better than the national average of 14. This could make the county more appealing to families, influencing real estate investments. Such trends are also noteworthy for appraisers and insurance agents, as they may signal rising demand for properties due to perceived education quality... Read more
Student-to-teacher ratio in Doddridge County, West Virginia over the last 10 years
Doddridge County, West Virginia has seen fluctuations in its student-to-teacher ratio over the last decade. While the year 2016 peaked at 16 students per teacher, recent years have shown a downward trend, with 2023 having approximately 12 students per teacher. This compares favorably to the national average of 14. These variations can significantly impact decision-making for those investing in real estate, as areas with lower student-to-teacher ratios might be more attractive to families. Additionally, this trend might interest appraisers and insurance agents considering the potential rising demand for properties in regions prioritizing education quality.