Jefferson County Real Estate and Livability Trends
Jefferson County, West Virginia's average taxable income per tax return rose from $61,381.76 in 2013 to $82,543.14 in 2021, suggesting potential economic growth and a higher living standard. Median home values surged from $207,300 in 2015 to $303,400 in 2022, indicating rising property investments. Concurrently, real estate taxes have increased from $1,879.45 in 2012 to $2,954.62 in 2021,... Read more
Jefferson County Market Trends
Jefferson County, West Virginia's median home values have surged from $207,300 in 2015 to $303,400 in 2022, far outpacing state and national growth. This substantial appreciation could indicate Jefferson County's increasing desirability, hinting at better investment returns and heightened housing demand. The county's residential energy tax credits saw notable 2018 spikes and gradual growth by... Read more
Median Value of Occupied Housing Units in Jefferson County, West Virginia Over the Last 8 Years
Jefferson County, West Virginia's median home values have shown consistent growth over the past eight years, starting from $207,300 in 2015 and reaching $303,400 in 2022. This growth trend significantly outpaces both the state and national levels, where West Virginia's median home values saw a rise from $103,800 to $145,800, and the national values increased from $125,500 to $179,400 over the same period. Such robust appreciation may indicate that Jefferson County is becoming a more attractive locale, potentially signaling better investment returns or a higher demand for housing in the area.
Residential Energy Tax Credit Per Tax Return in Jefferson County, WV Over the Last 9 Years
Jefferson County, West Virginia has seen significant fluctuations in its residential energy tax credits over the past nine years, with notable spikes in 2018 at $2,875.00 and continued growth to $1,558.97 by 2021. This upward trend may suggest a growing investment in energy-efficient home improvements, which could appeal to both property investors and buyers looking for long-term savings. The variability also underscores potential volatility, important for appraisers and insurance agents evaluating the value and risks of homes in the area.
Average Real Estate Taxes Per Tax Return in Jefferson County, WV Over the Last 10 Years
Over the past decade, Jefferson County, West Virginia has experienced a notable increase in average real estate taxes per tax return, jumping from approximately $1,879.45 in 2012 to around $2,954.62 in 2021. This trend of rising taxes may reflect increased property values or changes in tax rates, making it essential for potential investors and real estate agents to factor in higher taxation when considering property investments. This is particularly relevant for insurance agents and appraisers evaluating the financial dynamics of property ownership in the area.
Percentage of Farm Returns in Jefferson County, WV Over the Last 10 Years
Jefferson County, West Virginia, has seen a gentle decline in farm tax returns over the past decade, starting from 1.48% in 2012 and tapering off to approximately 1.16% by 2021. Farm tax returns often indicate the number of residents engaged in agricultural activities, shedding light on the local economy's reliance on farming. This trend might suggest a shift away from traditional farming, potentially making properties available for alternative development. Investors and new residents could find opportunities in repurposing agricultural lands, reflecting broader shifts in the community and potentially diversifying the local economy.
Number of Mortgages by Occupancy Type in Jefferson County, WV Over the Last 5 Years in Jefferson County
Investment properties, principal residences, and second homes in Jefferson County, West Virginia have shown varying trends over the last five years in mortgage counts. Principal residences have consistently dominated the market and experienced a significant spike in 2021, followed by an abrupt drop in 2022. Investment properties saw a notable increase in 2021, then declined swiftly in the following year. Second residences have remained relatively stable but are a minor part of the market. Shifts in occupancy types might impact investors, builders, and real estate agents since such data can reflect broader economic conditions, changing demands, and influencing property values. These trends can guide strategic decisions in buying, selling, and valuing properties, and have implications for local insurance markets and appraisals.
Economic Outlook
Jefferson County, West Virginia has consistently seen the average taxable income per tax return grow from $61,381.76 in 2013 to $82,543.14 in 2021, suggesting potential economic growth and a higher standard of living. The average state and local income taxes per return have also risen from $6,074.46 in 2012 to $11,218.73 by 2021, hinting at changing incomes or tax policies. Additionally, the average total tax liability per return increased from $9,114.23 in 2012 to $13,071.53 in 2021, possibly... Read more
Average Taxable Income per Tax Return in Jefferson County, WV over the last 9 years
Over the past nine years, Jefferson County, West Virginia has witnessed a steady increase in the average taxable income per tax return, growing from $61,381.76 in 2013 to $82,543.14 in 2021. This upward trend may suggest economic growth and potentially higher standards of living, making it an attractive consideration for investors, property developers, and real estate professionals. For appraisers and insurance agents, this trend could signal increasing property values and higher demand for insurance coverage.
Average State and Local Income Taxes Per Tax Return in Jefferson County, WV Over the Last 10 Years
Jefferson County, West Virginia has seen a consistent rise in average state and local income taxes per tax return over the past decade. In 2012, the average tax per return was approximately $6,074.46, gradually climbing to $11,218.73 by 2021. Significant jumps, particularly between 2017 and 2021, suggest an evolving economic landscape that could indicate increased incomes or changes in local tax policies. This trend might be of interest to real estate investors and homebuyers evaluating local tax burdens, or financial professionals assessing economic vitality and fiscal policies in the area.
Average Total Tax Liability Per Tax Return in Jefferson County, WV Over the Last 10 Years
Over the past decade, Jefferson County, West Virginia has experienced a steady increase in average total tax liability per tax return, jumping from approximately $9,114.23 in 2012 to around $13,071.53 in 2021. This upward trend may indicate growing economic activity, potentially driven by rising incomes or property values. For investors, real estate agents, and financial professionals, this could suggest an improving local economy and increasing property investments. Residents and prospective movers might see this as a sign of robust community growth, though they should also consider the accompanying rise in tax obligations.
Cost of Living in Jefferson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,423 | $1,512 | $2,809 | $2,004 | $2,263 |
| 1 adult 4 children | $1,423 | $1,235 | $2,154 | $2,004 | $2,275 |
| 2 adults 3 children | $1,423 | $1,235 | $2,433 | $2,004 | $1,962 |
| 1 adult 3 children | $1,423 | $1,008 | $1,779 | $2,004 | $1,991 |
| 2 adults 2 children | $1,001 | $1,011 | $2,058 | $1,741 | $1,508 |
| 1 adult 2 children | $1,001 | $755 | $1,404 | $1,741 | $1,432 |
| 2 adults 1 child | $1,001 | $799 | $1,683 | $888 | $1,175 |
| 1 adult 1 child | $1,001 | $516 | $1,029 | $888 | $988 |
| 2 adults | $813 | $642 | $1,308 | $0 | $878 |
| 1 adult | $808 | $350 | $654 | $0 | $683 |
Safety trends & Data
Jefferson County, West Virginia has shown varying patterns in property crime over the past five years. Larceny-theft consistently tops the list, peaking at 71.00 incidents in 2021. Burglary saw a notable spike at 18.00 in 2021 but dropped significantly to 5.00 in 2022. Vandalism has been relatively stable with a slight increase to 17.00 in 2022. Motor vehicle thefts remained low, while fraud incidents showed some volatility. These trends might signal varying degrees of property-related risks... Read more
Property Crime Trends in Jefferson County, WV Over the Last 5 Years
Jefferson County, West Virginia has shown varying patterns in property crime over the past five years. Larceny-theft consistently has the highest occurrence, peaking at 71.0 incidents in 2021. Burglary incidents fluctuated, with a notable spike in 2021 at 18.0, but a significant drop to 5.0 in 2022. Vandalism incidents have been relatively stable but showed a slight increase to 17.0 in 2022. Motor vehicle thefts remained low, while fraud incidents showed some volatility. Overall, these trends might be of concern for potential investors, real estate professionals, and insurance agents, as they reflect varying degrees of property-related risks.
Demographics
Jefferson County, West Virginia, has a slightly higher female population compared to males. The educational attainment shows a significant portion of residents with at least a high school diploma, but with fewer people holding advanced degrees. The age distribution is relatively balanced, with notable concentrations in the 35 to 64 age range. Racially, the county is predominately White, with smaller representations from Black or African American and Asian communities. This demographic insight... Read more
Race Distribution in Jefferson County, West Virginia (2022)
Educational Attainment in Jefferson County, West Virginia (2022)
Age Distribution in Jefferson County, West Virginia
Citizen Population in Jefferson County, West Virginia (2022)
Political Trends & Data
Jefferson County, West Virginia, appears to lean Republican, with around 54% of votes in the 2020 Presidential Election going to the GOP. However, Democrats remain a significant presence, capturing about 44% of the vote. The Libertarian and Green parties hold negligible influence, with just over 1.5% and 0.4% support... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jefferson County, West Virginia, the 2020 U.S. Presidential Election saw about 54% of votes going to the Republican party, while Democrats garnered roughly 44%. The Libertarian and Green parties captured minimal support, at just over 1.5% and 0.4%, respectively. This suggests a strong Republican preference in the county, though Democrats still hold a considerable portion of the electorate.
54.26% of voters voted for the Republican party in the 2020 Presidential Election
43.78% of voters voted for the Democrat party in the 2020 Presidential Election
1.53% of voters voted for the Livertarian party in the 2020 Presidential Election
0.43% of voters voted for the Green party in the 2020 Presidential Election
School Data
Student-to-teacher ratios in Jefferson County, West Virginia, have gradually improved over the past decade, dropping from 16 students per teacher in 2014 to 13 in 2023. This trend suggests a more personalized educational environment, potentially attractive to families considering relocation. For real estate and property development professionals, emphasizing this improving educational aspect can be a strong selling point. Understanding these school trends also offers appraisers and insurance... Read more
Student-to-teacher ratio in Jefferson County, West Virginia over the last 10 years
In Jefferson County, West Virginia, the student-to-teacher ratio has experienced a slight but steady decline over the past decade, moving from 16 students per teacher in 2014 to 14 in 2022, and dropping further to 13 students per teacher in 2023. This trend indicates that class sizes are more favorable compared to the national average of 14 students per teacher. Smaller class sizes could imply more personalized attention for students, which is often a selling point for families considering relocation. For real estate agents and those in property development, highlighting the improving educational environment can be a compelling factor. Additionally, for appraisers and insurance agents, understanding such trends can provide deeper insights into community investments and the potential value of homes in the area.
