Mason County Real Estate and Livability Trends
Mason County, West Virginia has seen home values rise dramatically from $79,600 in 2015 to $118,100 in 2022, suggesting a potentially undervalued market that could attract savvy investors. Average taxable income per tax return jumped from $43,401.18 in 2013 to $53,859.06 in 2021, pointing to improving financial stability that might boost property values. Additionally, residential energy tax... Read more
Mason County Market Trends
Mason County, West Virginia saw home values rise significantly from $79,600 in 2015 to $118,100 in 2022, still lagging behind national and state figures. This growth could attract investors or new residents capitalizing on a potentially undervalued market. Residential energy tax credits per return surged from $261.90 in 2013 to $1,775.00 by 2021, indicating a possible trend towards... Read more
Median Value of Occupied Housing Units in Mason County, West Virginia Over the Last 8 Years
Mason County, West Virginia saw home values rise significantly over the last eight years, with the median value jumping from $79,600 in 2015 to $118,100 in 2022. While this is a notable increase, it's still below both the national and state figures, where the median home values reached $179,400 and $145,800 respectively in 2022. This growth trajectory could present unique opportunities for investors or new residents looking to capitalize on a potentially undervalued market in comparison to broader trends.
Residential Energy Tax Credit Per Tax Return in Mason County, WV Over the Last 8 Years
Residential energy tax credits per tax return in Mason County, West Virginia have shown an upward trend over the past eight years. Starting at $261.90 in 2013, there have been increases, with substantial jumps in more recent years, reaching $1,775.00 by 2021. This could suggest growing investments in energy-efficient home improvements, which might be of interest to potential investors, real estate agents, and homeowners considering property upgrades for increased energy efficiency. This evolving trend could also influence property valuations and insurance assessments, reflecting an increasing emphasis on sustainable living in the area.
Average Real Estate Taxes Per Tax Return in Mason County, WV Over the Last 10 Years
Over the last decade, Mason County, West Virginia has seen a notable increase in average real estate taxes per tax return, rising from $1,159.69 in 2012 to $2,161.54 in 2021. This upward trend suggests a growing property market, which could hint at increasing property values or changes in county tax policies. Peaks, particularly in 2018 and beyond, might indicate shifts in the local economy, potential infrastructure investments, or other socioeconomic factors that could be appealing for investors, real estate agents, and those looking to build or buy property in the area. For current residents or prospective movers, this also signals potential changes in cost of living.
Percentage of Farm Returns in Mason County, WV Over the Last 10 Years
The percentage of farm tax returns in Mason County, West Virginia over the last decade appears to have fluctuated slightly, peaking around 5.27% in 2015 and experiencing a low near 4.42% in 2020. For those considering investments or property development, these trends might suggest some variability in agricultural activity and economic stability in the area. Farm tax returns, typically filings reported by farm owners for tax purposes, can serve as an indirect indicator of agricultural prosperity and operational scales. Consequently, such trends could be insightful for understanding the viability and growth potential of farming operations in Mason County.
Number of Mortgages by Occupancy Type in Mason County, WV Over the Last 5 Years in Mason County
Recent years in Mason County, West Virginia indicate that principal residences consistently make up the bulk of mortgages, showing a steady increase until peaking in 2020, followed by a slight decline. In contrast, investment properties and second residences remain a minor yet stable fraction. Shifts in the type of occupancy can impact local economic stability, housing demand, and policy-making. Understanding these trends is crucial for investors, property developers, and insurance agents to gauge market potential and risk factors accurately. Real estate agents and appraisers can leverage this insight to better serve clients looking to capitalize on market conditions, while current residents may find this data relevant for predicting community changes.
Economic Outlook
Mason County, West Virginia has seen a remarkable increase in the average taxable income per tax return, rising from about $43,401.18 in 2013 to roughly $53,859.06 in 2021. This trend could reflect improving economic conditions and greater financial stability among residents, potentially raising property values. Additionally, average state and local income taxes have more than doubled over the past decade, reaching $10,875.00 in 2021. This increase might point to rising incomes or tax policy... Read more
Average Taxable Income per Tax Return in Mason County, WV over the last 9 years
Mason County, West Virginia has experienced a notable increase in the average taxable income per tax return over the past nine years, with values rising from approximately $43,401.18 in 2013 to around $53,859.06 in 2021. This upward trend may suggest improving economic conditions and potentially greater financial stability among residents. This could be promising news for potential investors, real estate agents, and those looking to move to the area, indicating a growing economic base and possibly higher property values in the future. Appraisers and insurance agents might find this trend useful for evaluating the area's market dynamics.
Average State and Local Income Taxes Per Tax Return in Mason County, WV Over the Last 10 Years
Over the last decade, Mason County, West Virginia has seen a notable increase in average state and local income taxes per tax return. Starting at around $5,471.01 in 2012, the amount rose steadily, surpassing $10,000 by 2020 and reaching $10,875.00 in 2021. This upward trend might indicate rising incomes or changes in tax policy, making it relevant for those considering financial implications of relocating, investing, or conducting appraisals in the area. Moreover, it could be a consideration for insurance agents assessing risk and premiums associated with higher average incomes.
Average Total Tax Liability Per Tax Return in Mason County, WV Over the Last 10 Years
Over the last decade, Mason County, West Virginia, has witnessed a notable increase in the average total tax liability per tax return, rising from $5,743.79 in 2012 to a peak of $7,229.71 in 2021. This escalation could hint at improving economic conditions or growing taxable income within the county. However, the fluctuation between years, such as the dip in 2018 to $6,096.62, suggests periodic economic adjustments impacting residents' tax liabilities. Such data is potentially indicative for investors, property developers, or real estate agents assessing the evolving financial landscape in Mason County.
Cost of Living in Mason County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $949 | $1,259 | $3,372 | $987 | $1,610 |
| 1 adult 4 children | $949 | $1,028 | $2,591 | $987 | $1,551 |
| 2 adults 3 children | $949 | $1,028 | $2,920 | $987 | $1,273 |
| 1 adult 3 children | $949 | $839 | $2,138 | $987 | $1,220 |
| 2 adults 2 children | $780 | $842 | $2,467 | $861 | $1,070 |
| 1 adult 2 children | $780 | $629 | $1,686 | $861 | $923 |
| 2 adults 1 child | $780 | $665 | $2,015 | $451 | $962 |
| 1 adult 1 child | $780 | $430 | $1,234 | $451 | $726 |
| 2 adults | $619 | $534 | $1,562 | $0 | $789 |
| 1 adult | $615 | $292 | $781 | $0 | $598 |
Safety trends & Data
Mason County, West Virginia, has seen fluctuating property crime trends over the past five years. Burglary incidents spiked to 8 in 2021 but generally ranged from 2-4 in other years. Larceny-theft has stayed fairly consistent, peaking at 12 in 2019 but hovering around 9 otherwise. Vandalism saw a sharp decline, dropping from 7-8 incidents in 2018-2019 to just 1 in both 2021 and 2022. While motor vehicle thefts and fraud cases have shown minor variations, the overall pattern suggests stable... Read more
Property Crime Trends in Mason County, WV Over the Last 5 Years
Mason County, West Virginia, has experienced various trends in property crimes over the last five years, showing fluctuations but no clear upward or downward trajectory. Burglary incidents varied significantly, spiking to 8 in 2021 from lows of 2-4 in other years. Larceny-theft remains relatively consistent, peaking at 12 in 2019 while hovering around 9 in other years. Vandalism saw a noticeable decline, dropping from 7-8 incidents in 2018-2019 to just 1 in both 2021 and 2022. Motor vehicle thefts and fraud cases show minor changes, suggesting a relatively stable pattern. Investors and potential homebuyers might view this as indicative of occasional but manageable property crime risks. Real estate agents, appraisers, and insurance agents should note these nuances when assessing property values and risk profiles in Mason County.
Demographics
In Mason County, West Virginia, males and females are almost evenly split, with a slight majority of females. Education levels predominantly cap at high school diplomas, with under 1,000 possessing graduate degrees. The age distribution reveals a significant proportion of residents over 55 years. Racial diversity is minimal, with the vast majority of the population identifying as White. This demographic trend might suggest challenges in workforce diversification and a potentially aging... Read more
Race Distribution in Mason County, West Virginia (2022)
Educational Attainment in Mason County, West Virginia (2022)
Age Distribution in Mason County, West Virginia
Citizen Population in Mason County, West Virginia (2022)
Political Trends & Data
Mason County, West Virginia, holds a solidly conservative profile, as seen in the 2020 U.S. Presidential Election where Republicans garnered around 76% of votes. Democrats trailed significantly with about 23%, while minor parties had minimal impact. This conservative dominance could shape local policies and influence community dynamics, likely affecting everything from public services to business climates and even educational... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Mason County, West Virginia, the 2020 U.S. Presidential Election leaned heavily Republican with approximately 76% of the vote, while Democrats secured around 23%. Minor parties like the Libertarians and Greens received negligible support, each garnering about 1% and 0.3%, respectively. This distribution suggests a strong conservative presence in the area, potentially affecting local policy and community engagement.
75.79% of voters voted for the Republican party in the 2020 Presidential Election
22.55% of voters voted for the Democrat party in the 2020 Presidential Election
1.34% of voters voted for the Livertarian party in the 2020 Presidential Election
0.32% of voters voted for the Green party in the 2020 Presidential Election
School Data
Mason County, West Virginia has consistently kept a student-to-teacher ratio below the national average of 14, fluctuating between 12 and a little over 13. This lower ratio suggests more individualized attention for students, which could lead to better educational outcomes and draw families, influencing property values. For real estate agents, appraisers, and investors, this can be a strong selling point, indicating a stable or even improving community that could positively affect pricing and... Read more
Student-to-teacher ratio in Mason County, West Virginia over the last 10 years
Mason County, West Virginia has generally maintained a student-to-teacher ratio below the national average of 14 students per teacher for the past decade. With a range fluctuating between 12 and slightly above 13, this lower ratio might indicate more individualized attention for students, potentially resulting in better educational outcomes. This could appeal to families considering a move to the area and be a key selling point for real estate agents. Lower ratios might also influence property values, as quality of education can be a significant factor for homebuyers, and could be an attractive element in marketing for investment or development opportunities. For appraisers and insurance agents, these trends can signal a stable or improving community, which might affect property value assessments and insurance premiums.
