Kanawha County Real Estate and Livability Trends
Kanawha County, West Virginia has seen an encouraging rise in average taxable incomes, from $53,771.59 in 2013 to $66,288.54 by 2021, indicating a potentially strengthening local economy that could attract investors and developers. However, state and local income taxes have also risen, from $8,320.11 in 2012 to $19,399.24 in 2021, a crucial factor for evaluating financial landscapes. The median... Read more
Kanawha County Market Trends
Kanawha County, West Virginia, has seen a consistent rise in median home values, suggesting a potentially favorable investment climate despite remaining below state and national averages. Noteworthy spikes in residential energy tax credits in 2017 and 2018 indicate potential economic or policy shifts that could benefit energy-efficient home investments. Real estate taxes have nearly doubled over... Read more
Median Value of Occupied Housing Units in Kanawha County, West Virginia Over the Last 8 Years
Over the past eight years, median home values in Kanawha County, West Virginia have seen a consistent rise, increasing from $103,100 in 2015 to $131,200 in 2022. This points to a relatively steady growth in property values, which might suggest a favorable investment climate compared to the broader state trend where values have jumped from $103,800 to $145,800 over the same period. Meanwhile, national median home values soared from $125,500 to $179,400. While Kanawha County's values remain below both state and national averages, the consistent upward trajectory could still represent a viable opportunity for those considering real estate investments in the region.
Residential Energy Tax Credit Per Tax Return in Kanawha County, WV Over the Last 9 Years
Residential energy tax credits in Kanawha County, West Virginia have shown a fluctuation over the past nine years, with significant peaks in certain periods. While the average credit per tax return was relatively consistent around $280.00 to $360.00 between 2013 and 2016, there was a sharp peak at $523.08 in 2017, followed by a dramatic spike to $1966.67 in 2018. This volatility suggests potential economic or policy changes impacting residential energy investments. For anyone involved in property investment, energy-efficient upgrades could offer substantial tax benefits, thus potentially enhancing property attractiveness and value.
Average Real Estate Taxes Per Tax Return in Kanawha County, WV Over the Last 10 Years
Over the last decade, Kanawha County, West Virginia, has seen a significant rise in average real estate taxes per tax return. From $1,743.72 in 2012 to $3,431.30 in 2021, the upward trend could imply increasing property values or changes in tax policies. Notably, there was a sharp increase in 2018, where taxes spiked to $2,999.70, suggesting possible major reassessments or policy shifts during that period. This persistent growth in real estate taxes might influence decisions for prospective investors, homeowners, and real estate professionals considering the area.
Percentage of Farm Returns in Kanawha County, WV Over the Last 10 Years
The percentage of farm tax returns in Kanawha County, West Virginia, has shown a slight upward trend over the past decade, starting at approximately 0.28% in 2012 and reaching around 0.33% in 2021. This steady, albeit small, growth in farm tax returns could indicate a marginal yet consistent interest in agricultural activities within the county. For those considering investments, relocations, or property developments, it suggests a small but potentially growing community of farm operations that might play a role in the local economy and land use patterns.
Number of Mortgages by Occupancy Type in Kanawha County, WV Over the Last 5 Years in Kanawha County
In Kanawha County, West Virginia, over the past five years, housing mortgage trends show a significant focus on principal residences, with numbers peaking in 2021 at 7,687 before dropping slightly in 2022. Investment properties and second residences have seen little variation, remaining relatively stable. Understanding shifts in occupancy types could offer valuable insights into market demand and economic stability. Investors and developers might see these trends as indicating a steady interest in primary homes, while the minimal fluctuation in investment properties could suggest a secure, albeit less dynamic, investment environment. This data also helps insurers and appraisers assess property risks and values accurately, shaping more informed decisions in both lending and insurance underwriting. For those considering relocation, it highlights the area's predominant focus on owner-occupied homes, potentially pointing to a stable community setup.
Economic Outlook
Kanawha County, West Virginia has seen an encouraging rise in average taxable incomes, from $53,771.59 in 2013 to $66,288.54 by 2021. This suggests a strengthening local economy, which could pique the interest of potential investors and real estate developers. However, state and local income taxes have similarly risen, from approximately $8,320.11 in 2012 to $19,399.24 in 2021, which is essential for investors and homebuyers to consider when evaluating the financial landscape. For those... Read more
Average Taxable Income per Tax Return in Kanawha County, WV over the last 9 years
Average taxable incomes per tax return in Kanawha County, West Virginia show a steady increase over the past nine years, starting at $53,771.59 in 2013 and climbing to $66,288.54 by 2021. This upward trend suggests a strengthening local economy, which could be promising for potential investors and real estate developers considering the area. Appraisers and insurance agents might also find these figures relevant, as the rising incomes could influence property values and insurance rates. For those looking to relocate, the increasing incomes could indicate a growing economic stability in Kanawha County.
Average State and Local Income Taxes Per Tax Return in Kanawha County, WV Over the Last 10 Years
Over the last decade, residents of Kanawha County, West Virginia have experienced a significant upward trajectory in state and local income taxes per tax return. Beginning at approximately $8,320.11 in 2012, there has been a consistent rise with a notable surge starting in 2018, reaching $15,166.21, and peaking at $19,399.24 in 2021. This escalating tax trend is essential for potential investors, real estate developers, and homebuyers to consider, as it may impact the financial landscape and cost of living in the region. Additionally, this information is valuable for appraisers and insurance agents to assess risk and pricing accurately.
Average Total Tax Liability Per Tax Return in Kanawha County, WV Over the Last 10 Years
Over the last decade, the average total tax liability per tax return in Kanawha County, West Virginia has shown fluctuations, peaking in 2021 at $11,210.76 and reaching its lowest in 2012 at $9,482.78. Notable increases suggest economic shifts that might influence budgeting for both current residents and prospective investors. These changes could be crucial for understanding the financial landscape, particularly for real estate agents, appraisors, and insurance agents operating in the area.
Cost of Living in Kanawha County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,208 | $1,371 | $3,199 | $1,580 | $1,916 |
1 adult 4 children | $1,208 | $1,120 | $2,456 | $1,580 | $1,894 |
2 adults 3 children | $1,208 | $1,120 | $2,771 | $1,580 | $1,591 |
1 adult 3 children | $1,208 | $915 | $2,028 | $1,580 | $1,581 |
2 adults 2 children | $920 | $917 | $2,342 | $1,373 | $1,249 |
1 adult 2 children | $920 | $685 | $1,599 | $1,373 | $1,137 |
2 adults 1 child | $920 | $725 | $1,914 | $700 | $1,038 |
1 adult 1 child | $920 | $468 | $1,171 | $700 | $807 |
2 adults | $765 | $582 | $1,486 | $0 | $805 |
1 adult | $659 | $318 | $743 | $0 | $584 |
Safety trends & Data
Kanawha County, West Virginia, has seen significant shifts in property crime over the past five years, notably a drop in larceny-theft—from 862.0 in 2018 to 288.0 in 2022. Burglary and motor vehicle theft incidents have also declined steadily, while arson cases have seen a slight uptick. Meanwhile, embezzlement, fraud, and vandalism have remained both relatively low and stable. These property crime trends might be crucial for those eyeing real estate investment or relocation, influencing... Read more
Property Crime Trends in Kanawha County, WV Over the Last 5 Years
Kanawha County, West Virginia, has seen notable fluctuations in property crime arrests over the past five years. Larceny-theft consistently topped as the most reported crime, though its numbers dropped each year—from 862.0 in 2018 to 288.0 in 2022. Other significant trends include a steady decline in burglary and motor vehicle theft incidents, while cases of arson saw a slight increase. Embezzlement, fraud, and vandalism numbers have remained relatively low but fairly constant, reflecting potential areas for targeted crime prevention efforts. Property crime trends provide crucial insights for those looking to invest in or move to this area, aiding real estate and insurance assessments.
Demographics
Kanawha County, West Virginia exhibits a nearly balanced gender ratio with a slight female majority. Educational attainment skewed toward high school graduates and some college, implying opportunities for workforce development. The population's age distribution shows a significant proportion of residents aged 55-64, suggesting a relatively older demographic. Racial composition is predominantly White, with smaller percentages of Black or African American, Asian, and other minorities. These... Read more
Race Distribution in Kanawha County, West Virginia (2022)
Educational Attainment in Kanawha County, West Virginia (2022)
Age Distribution in Kanawha County, West Virginia
Citizen Population in Kanawha County, West Virginia (2022)
Political Trends & Data
In Kanawha County, West Virginia, the 2020 U.S. Presidential Election results might suggest a significant leaning towards conservative values, with Republicans potentially securing around 56.4% of the votes, compared to Democrats who garnered roughly 41.8%. Minor parties appeared to have minimal impact, as the Libertarians and Greens captured about 1.5% and 0.3% of the votes, respectively. This could reflect a stronger Republican influence in local political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Kanawha County, West Virginia, Republicans potentially had a stronger presence in the 2020 U.S. Presidential Election, securing around 56.4% of the votes. Democrats trailed with about 41.8%, while the Libertarian and Green parties likely saw minimal support, capturing 1.5% and 0.3% respectively. This distribution could indicate a leaning towards conservative values in the county's political landscape.
56.42% of voters voted for the Republican party in the 2020 Presidential Election
41.76% of voters voted for the Democrat party in the 2020 Presidential Election
1.49% 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
Kanawha County, West Virginia has experienced some variations in its student-to-teacher ratio, generally staying above the national average of 14 students per teacher. From 15 students per teacher in 2014, the ratio dipped to 14.7 in 2019 and 14.6 in 2021, before rising to 16.07 in 2023. These shifts may signal changes in funding, enrollment, or staffing. For investors and potential residents, smaller class sizes might suggest a more personalized educational experience, while increasing ratios... Read more
Student-to-teacher ratio in Kanawha County, West Virginia over the last 10 years
Kanawha County, West Virginia has seen some fluctuations in its student-to-teacher ratio over the past decade, hovering above the national average of 14 students per teacher. Starting at around 15 students per teacher in 2014, the ratio dipped to 14.7 in 2019 and 14.6 in 2021, before rising again to 16.07 in 2023. These trends could suggest varying levels of funding, changes in student enrollment, or shifts in staffing. Investors, real estate agents, and those looking to move to the area might find these ratios intriguing; smaller class sizes might indicate a more personalized education experience, which could be a selling point for families. Conversely, increasing ratios might point to growing communities or potentially strained educational resources.