Logan County Real Estate and Livability Trends
Logan County, West Virginia, exhibited intriguing trends impacting its real estate market. Average taxable income per return hit $51,134.23 by 2021, recovering from a 2016 dip, while tax liabilities saw notable increases, indicating broader economic shifts. Median home values rose modestly from $82,100 in 2015 to $101,200 in 2022, suggesting gradual neighborhood growth. The rise in real estate... Read more
Logan County Market Trends
Logan County, West Virginia, has experienced a gradual rise in median home values from $82,100 in 2015 to $101,200 in 2022, hinting at modest growth compared to the state and national trends. Interesting spikes in residential energy tax credits, particularly peaking at $616.67 in 2020, suggest a varied investment in energy-efficient improvements among residents. Real estate taxes have notably... Read more
Median Value of Occupied Housing Units in Logan County, West Virginia Over the Last 8 Years
Logan County, West Virginia, has seen its median home values generally increase from $82,100 in 2015 to $101,200 in 2022. This growth, while steady, is modest compared to state and national trends. West Virginia's median home values rose from $103,800 to $145,800 in the same timeframe, and nationally, the increase was even more pronounced, from $125,500 to $179,400. For anyone looking to invest, move, or build property in Logan County, this data indicates a relatively affordable market with upward potential, yet still lagging behind broader regional and national gains.
Residential Energy Tax Credit Per Tax Return in Logan County, WV Over the Last 8 Years
Over the past eight years in Logan County, West Virginia, the average residential energy tax credit per tax return has shown some fluctuation, peaking in 2020 at $616.67. This could suggest periods where residents made significant investments in energy-efficient improvements. Notably, there was a considerable increase from 2016 ($375.00) to 2017 ($540.00) and a subsequent drop in 2021 to $366.67, indicating shifting priorities or economic factors influencing energy-related expenditures. This financial data might be intriguing for investors, property developers, and real estate agents considering the region's evolving commitment to energy efficiency initiatives.
Average Real Estate Taxes Per Tax Return in Logan County, WV Over the Last 10 Years
Over the past decade, Logan County, West Virginia has seen a notable increase in average real estate taxes per return, climbing from $1,085.22 in 2012 to $1,781.82 in 2021. A major spike became evident in 2018, peaking at $2,271.43 in 2019, likely reflecting changes in property valuations or tax policies. For potential investors, property developers, and real estate professionals, this trend may suggest a growing real estate market and could impact property appraisals and insurance assessments. Understanding these fluctuations can inform financial planning and investment strategies in the region.
Number of Mortgages by Occupancy Type in Logan County, WV Over the Last 5 Years in Logan County
In Logan County, West Virginia, the number of mortgages for principal residences has consistently been higher compared to investment properties and second homes, with marked increases in the recent years. For investors and builders, this trend may suggest a more stable demand for owner-occupied homes, potentially leading to stable long-term returns. Insurance agents and appraisers might find this data useful in assessing risk and property valuation, as owner-occupied properties typically have a lower risk profile. For real estate agents and individuals looking to move into the county, the significant bias towards principal residences indicates a stronger community-oriented market rather than a transient or investment-heavy environment. Subtle increases in investment property mortgages could also signify emerging opportunities for income properties or rental homes.
Economic Outlook
Logan County, West Virginia has experienced an intriguing trajectory in average taxable income per tax return, especially after a dip in 2016 with a peak reaching $51,134.23 in 2021. Notable rebounds from 2017 to 2019 hint at possible economic recovery or local development. Average state and local income taxes per tax return also fluctuated significantly, with peaks in 2018 and 2020, and a high of $15,516.67 in 2021, possibly reflecting policy changes. Total tax liability also increased from... Read more
Average Taxable Income per Tax Return in Logan County, WV over the last 9 years
Logan County, West Virginia has seen some interesting trends in average taxable income per tax return over the past nine years. The income dipped noticeably around 2016 but has generally been on an upward trend since, peaking in 2021 at $51,134.23. Significant income rebounds from 2017 to 2019 suggest potential economic recovery or local development. This could indicate a strengthening economic environment, making it potentially attractive for investors, property developers, and real estate agents eyeing growth.
Average State and Local Income Taxes Per Tax Return in Logan County, WV Over the Last 10 Years
Over the past decade, Logan County, West Virginia has seen significant fluctuations in average state and local income taxes per tax return. Notable spikes occurred in 2018 and 2020, possibly reflecting economic or policy changes. The peak in 2021 at $15,516.67 suggests a recent upward trend that may impact future tax planning and housing market dynamics. This variability could attract attention from investors and real estate agents while raising considerations for those planning to move to or develop property in the area.
Average Total Tax Liability Per Tax Return in Logan County, WV Over the Last 10 Years
Over the last decade, Logan County, West Virginia has generally seen fluctuations in its average total tax liability per tax return, ending with an increase from $6,233.70 in 2020 to $7,060.99 in 2021. Despite some lows in the mid-2010s, recent years show a trend towards higher tax liabilities, peaking in the past year. This data might influence decision-making for potential investors, homeowners, and real estate professionals as they evaluate the county's economic and fiscal climate.
Cost of Living in Logan County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,042 | $1,251 | $3,162 | $1,050 | $1,580 |
| 1 adult 4 children | $1,042 | $1,021 | $2,428 | $1,050 | $1,539 |
| 2 adults 3 children | $1,042 | $1,022 | $2,738 | $1,050 | $1,256 |
| 1 adult 3 children | $1,042 | $834 | $2,005 | $1,050 | $1,221 |
| 2 adults 2 children | $738 | $836 | $2,314 | $916 | $1,013 |
| 1 adult 2 children | $738 | $625 | $1,581 | $916 | $863 |
| 2 adults 1 child | $738 | $661 | $1,890 | $480 | $907 |
| 1 adult 1 child | $738 | $427 | $1,157 | $480 | $685 |
| 2 adults | $653 | $531 | $1,467 | $0 | $763 |
| 1 adult | $614 | $290 | $733 | $0 | $574 |
Safety trends & Data
Logan County, West Virginia, has seen fluctuating property crime trends over the past five years, which could be critical for real estate investors. Burglary incidents peaked in 2018 and have been on a slight decline, suggesting possible improvements in security or law enforcement. Larceny-theft remains a significant issue despite its stability. Consistent vandalism rates may raise concerns for property owners and insurance agents. Sporadic increases in arson and vehicle theft, although rare,... Read more
Property Crime Trends in Logan County, WV Over the Last 5 Years
Property crimes in Logan County, West Virginia, have exhibited variable trends over the past five years, with some categories seeing notable fluctuations. Burglary incidents peaked in 2018 and decreased slightly each subsequent year, reflecting a possible improvement in security measures or law enforcement efficacy. Larceny-theft appeared largely stable, but still constitutes a significant portion of property crimes. Vandalism remained consistent, highlighting a persistent issue that could concern property investors and insurance agents. Interestingly, arson and vehicle theft, although less frequent, showed sporadic increases, which might indicate isolated but impactful criminal activity. Real estate agents and potential home buyers should be mindful of these trends when considering the overall safety and investment potential in the area.
Demographics
Logan County, West Virginia, shows a nearly even split between male and female adults. Educational attainment leans heavily towards high school graduates and those with some college but no degree, while advanced degrees are less prevalent. The population skews older, with significant percentages in the 45-64 age range. Racially, the area is predominantly White, with minimal representation from other racial groups. This diverse mix of educational backgrounds and age distribution could hint at... Read more
Race Distribution in Logan County, West Virginia (2022)
Educational Attainment in Logan County, West Virginia (2022)
Age Distribution in Logan County, West Virginia
Citizen Population in Logan County, West Virginia (2022)
Political Trends & Data
In Logan County, West Virginia, the 2020 U.S. Presidential Election results might suggest a predominantly conservative population, with Republican candidates possibly receiving around 81% of the votes. Democrats potentially secured about 18%, revealing a significant partisan gap. This trend could highlight a deeply rooted conservative political landscape, potentially influencing local policies and voter... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Logan County, West Virginia, the 2020 U.S. Presidential Election seemed to heavily favor Republican candidates, who potentially garnered around 81% of the votes. Democrats might have received roughly 18%, while Libertarian and Green parties lagged significantly behind with close to 1% each. Such a distribution could reflect a strong conservative leaning in this region.
80.87% of voters voted for the Republican party in the 2020 Presidential Election
17.91% of voters voted for the Democrat party in the 2020 Presidential Election
1.03% of voters voted for the Livertarian party in the 2020 Presidential Election
0.19% of voters voted for the Green party in the 2020 Presidential Election
School Data
Over the last decade, Logan County, West Virginia’s fluctuating student-to-teacher ratio, hovering between 13 and 15 students per teacher, occasionally dips below the national average of about 14. For families prioritizing quality education, these changes could make the area more appealing, potentially boosting housing demand. However, ratios nearing or surpassing the national average might signal strained educational resources, impacting the area's overall desirability and growth potential.... Read more
Student-to-teacher ratio in Logan County, West Virginia over the last 10 years
Over the last ten years, Logan County, West Virginia’s student-to-teacher ratio has fluctuated between 13 and 15 students per teacher, occasionally dipping below the national average of around 14. Such changes in the student-to-teacher ratio can significantly impact various stakeholders. Investors and developers might find the lower ratios appealing for families prioritizing quality education, potentially increasing demand for housing. Conversely, real estate agents and insurance agents should be aware that ratios nearing or exceeding the national average might reflect larger class sizes and possibly more strained educational resources. It's a nuanced factor that could influence the area's desirability and future growth.
