Harrison County Real Estate and Livability Trends
Harrison County, West Virginia, has experienced notable growth in real estate and economic indicators. Average taxable income per tax return hit $68,124.96 in 2021, suggesting an improving local economy that may favor real estate investors. Median home values soared from $97,800 in 2015 to $146,900 in 2022, outpacing state averages. Residential energy tax credits have seen a surge, reflecting... Read more
Harrison County Market Trends
Harrison County, West Virginia, has seen its median home values jump from $97,800 in 2015 to $146,900 in 2022, outpacing the state's average growth and offering affordable housing with good appreciation potential. Residential energy tax credits per tax return also spiked, hitting $966.67 by 2021, pointing to increased investments in energy-efficient home improvements. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Harrison County, West Virginia Over the Last 8 Years
Harrison County, West Virginia has experienced a significant increase in median home values from $97,800 in 2015 to $146,900 in 2022, a noteworthy trend for those considering investment opportunities or relocations. This increase outpaces the state’s average growth, with West Virginia's median values rising from $103,800 to $145,800 over the same period. Nationally, median home values saw higher absolute numbers, starting at $125,500 in 2015 and reaching $179,400 in 2022, suggesting Harrison County offers relatively affordable housing with robust appreciation potential. This makes Harrison County an intriguing option in the context of real estate investment, especially when considering the affordability gap with national figures.
Residential Energy Tax Credit Per Tax Return in Harrison County, WV Over the Last 9 Years
Over the past nine years, residential energy tax credits per tax return in Harrison County, West Virginia, have shown significant growth and volatility. While the credits started at around $252.11 in 2013, they reached a high of approximately $966.67 by 2021. Notably, there were substantial jumps in some years, such as a boost over $833.33 in 2018, suggesting changes likely influenced by state incentives or federal policies. This trend might indicate increased investments in energy-efficient home improvements, which could affect property values and insurance premiums. It could signal to potential investors and homeowners that the area is progressively moving towards energy-efficient solutions, potentially opening opportunities for real estate development and increased home value.
Average Real Estate Taxes Per Tax Return in Harrison County, WV Over the Last 10 Years
Over the past decade, Harrison County, West Virginia, has experienced a noticeable uptrend in average real estate taxes per tax return. Starting at $1,749.51 in 2012, the taxes climbed steadily, peaking at $2,936.84 in 2020 before a slight dip to $2,915.73 in 2021. This escalation could indicate rising property values or changes in tax policies, which may interest potential homebuyers, appraisers, and real estate agents assessing the viability and cost of property investments in the area.
Percentage of Farm Returns in Harrison County, WV Over the Last 10 Years
Harrison County, West Virginia has seen fluctuations in the percentage of farm tax returns over the past decade, with values ranging from 1.45% to approximately 1.70%. This data suggests some variation in the agricultural activity and economic contributions within the region. Farm tax returns are critical indicators of agricultural enterprise health, revealing trends in income and investment potential. For investors and potential residents, these numbers could imply variable stability in farming incomes, highlighting areas for potential growth or risk in agricultural ventures.
Number of Mortgages by Occupancy Type in Harrison County, WV Over the Last 5 Years in Harrison County
In Harrison County, West Virginia, the mortgage counts for principal residences have fluctuated over the past five years, peaking in 2021 with 2,875 mortgages and showing a substantial number in 2020 at 2,587. The figures for investment properties and second residences have remained relatively stable, albeit much lower, typically under 100 per year for investment properties and around 20 for second residences. These shifts in occupancy types might influence investment decisions, as a higher number of principal residences could indicate a stable and growing residential market, while consistent counts of investment properties and second homes suggest opportunities for niche real estate development and targeted insurance plans. Understanding these dynamics is crucial for real estate agents, investors, and appraisers aiming to capitalize on market trends or provide accurate property valuations in the area.
Economic Outlook
Harrison County, West Virginia, has shown a general upward trend in average taxable income per tax return over the past nine years, peaking in 2021 at $68,124.96. This suggests a strengthening local economy, potentially favoring real estate investors and professionals with positive implications for housing demand and property values. From 2012 to 2021, state and local income taxes per tax return also more than doubled, jumping from $7,982.72 to $16,399.03, hinting at robust economic growth or... Read more
Average Taxable Income per Tax Return in Harrison County, WV over the last 9 years
Harrison County, West Virginia has experienced a general upward trend in average taxable income per tax return over the past nine years, peaking notably in 2021 at $68,124.96. While there were slight fluctuations, such as a dip in 2016, incomes have mostly increased, suggesting a strengthening local economy. This trend might indicate a favorable environment for potential investors and real estate professionals, with possible implications for housing demand and property values. The significant rise in 2021 could reflect broader economic factors that affected incomes during that year. Such data can be quite relevant for insurance agents and appraisers assessing risk and value in the area.
Average State and Local Income Taxes Per Tax Return in Harrison County, WV Over the Last 10 Years
Harrison County, West Virginia, has experienced a markedly upward trend in state and local income taxes per tax return over the past decade, with significant jumps, particularly in recent years. From 2012 to 2021, average taxes have more than doubled, rising from $7,982.72 to $16,399.03. This increase could suggest robust economic growth or shifts in tax policy impacting residents. The most noticeable spike occurred between 2017 and 2018, where the average tax amount surged from $8,959.53 to $12,923.74. Such trends are crucial for investors, real estate agents, and potential residents, as they signify rising fiscal obligations that may affect disposable incomes and economic decisions. For appraisers and insurance agents, understanding these tax fluctuations is equally essential to accurately assess property values and insurance premiums in Harrison County.
Average Total Tax Liability Per Tax Return in Harrison County, WV Over the Last 10 Years
Over the past decade, Harrison County, West Virginia has seen fluctuations in average total tax liability per tax return, starting at approximately $8,901.69 in 2012 and peaking at around $11,139.60 in 2021. Notable peaks and dips occur throughout the years, indicative of economic factors impacting taxpayers. This trend is valuable for real estate agents, investors, and appraisers as it informs potential tax burdens associated with property ownership in the area. Insurance agents and those building properties may also find these details helpful for forecasting future financial obligations.
Cost of Living in Harrison County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,055 | $1,408 | $3,087 | $1,271 | $1,731 |
| 1 adult 4 children | $1,055 | $1,149 | $2,370 | $1,271 | $1,713 |
| 2 adults 3 children | $1,055 | $1,150 | $2,673 | $1,271 | $1,418 |
| 1 adult 3 children | $1,055 | $939 | $1,957 | $1,271 | $1,398 |
| 2 adults 2 children | $811 | $941 | $2,260 | $1,108 | $1,142 |
| 1 adult 2 children | $811 | $703 | $1,543 | $1,108 | $1,036 |
| 2 adults 1 child | $811 | $744 | $1,846 | $581 | $1,005 |
| 1 adult 1 child | $811 | $481 | $1,130 | $581 | $761 |
| 2 adults | $672 | $598 | $1,432 | $0 | $795 |
| 1 adult | $668 | $326 | $716 | $0 | $610 |
Safety trends & Data
Property crime in Harrison County, West Virginia has seen some notable shifts over the past five years. Larceny-theft cases peaked in 2019 with 401 incidents but dramatically dropped to just 71 by 2022. Burglary cases rose to 18 in 2021 before settling at 13 in 2022. Vandalism spiked in 2020 with 23 reports but decreased to 13 cases by 2022. These trends might suggest changes in criminal activity that could influence property values, insurance rates, and investment... Read more
Property Crime Trends in Harrison County, WV Over the Last 5 Years
Property crime trends in Harrison County, West Virginia reveal fluctuating incidents over the last five years. Larceny-theft consistently leads in volume, peaking in 2019 with 401 cases but showing a considerable drop by 2022 to 71 cases. Burglary incidents exhibit variability, notably increasing to 18 cases in 2021 before stabilizing at 13 cases in 2022. Vandalism reports saw a notable spike in 2020 with 23 cases but decreased to 13 cases by 2022. The data may indicate shifting patterns in criminal activity that could impact property values, insurance premiums, and investment decisions.
Demographics
Harrison County, West Virginia, has a moderately balanced gender distribution with a slight female majority. Most adults have attained at least a high school diploma, but a substantial number have not pursued higher education beyond some college or an associate's degree. The age distribution suggests a more prominent population in the middle-aged bracket (35-64 years), with fewer younger residents. The racial composition is predominantly White, with very small percentages representing other... Read more
Race Distribution in Harrison County, West Virginia (2022)
Educational Attainment in Harrison County, West Virginia (2022)
Age Distribution in Harrison County, West Virginia
Citizen Population in Harrison County, West Virginia (2022)
Political Trends & Data
In Harrison County, West Virginia, the 2020 U.S. Presidential Election results show a solid tendency toward the Republican party, capturing about 68% of the vote. The Democratic party secured roughly 30%, with third parties barely making a mark. This notable Republican preference may hint at broader political patterns impacting local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Harrison County, West Virginia, the 2020 U.S. Presidential Election results indicate a strong leaning toward the Republican party with around 68% of the vote. The Democratic party garnered roughly 30%, while third parties like the Libertarian and Green parties had minimal impact, each capturing well under 2% of the votes. These figures suggest a significant Republican preference in this region, which could be an indicator of broader political trends within the county or even the state.
67.89% of voters voted for the Republican party in the 2020 Presidential Election
30.25% of voters voted for the Democrat party in the 2020 Presidential Election
1.51% of voters voted for the Livertarian party in the 2020 Presidential Election
0.35% of voters voted for the Green party in the 2020 Presidential Election
School Data
Over the past decade, Harrison County, West Virginia, has seen its student-to-teacher ratio decline from 12 students per teacher in 2014 to approximately 11 students per teacher by 2023. This is below the national average of 14 students per teacher, which might indicate smaller class sizes and more personalized student attention. These factors may boost educational outcomes and community appeal, potentially driving up real estate values as families seek quality education... Read more
Student-to-teacher ratio in Harrison County, West Virginia over the last 10 years
Over the past decade, Harrison County, West Virginia has shown a downward trend in the student-to-teacher ratio, dipping from 12 students per teacher in 2014 to roughly 11 students per teacher by 2023. This is slightly below the current national average of 14 students per teacher. For those considering investing, moving, or working in local education, these ratios might suggest potentially smaller class sizes and more personalized attention for students, which could enhance educational outcomes and community appeal. Lower student-to-teacher ratios could also impact real estate values positively, as families looking for quality education environments may find the area more attractive.
