Pendleton County Real Estate and Livability Trends
Pendleton County, West Virginia has seen a steady climb in average taxable income per tax return, rising from $38,671.12 in 2013 to $49,783.54 by 2021, signaling improving economic conditions. Median home values have surged from $100,500 in 2015 to $169,200 in 2022, outpacing state and national trends, while real estate taxes have nearly doubled in the past decade. A strong Republican preference,... Read more
Pendleton County Market Trends
Pendleton County's housing market has experienced a significant rise in median home values, jumping from $100,500 in 2015 to $169,200 in 2022, outpacing both West Virginia and national trends. Real estate taxes have also nearly doubled over the past decade, reaching $1,980.00 per tax return in 2021, with a particularly sharp increase between 2018 and 2020. The county has seen fluctuations in farm... Read more
Median Value of Occupied Housing Units in Pendleton County, West Virginia Over the Last 8 Years
Pendleton County's housing market has shown a sharp rise over the past eight years, with the median home value increasing from $100,500 in 2015 to $169,200 in 2022. This growth, particularly the notable jump from 2021 to 2022, suggests an attractive escalation compared to both West Virginia and national trends. While West Virginia saw its median home value rise from $103,800 to $145,800, the national median increased from $125,500 to $179,400 over the same period. Potential investors and homeowners eyeing Pendleton County might find this rapid appreciation an appealing prospect for future returns.
Residential Energy Tax Credit Per Tax Return in Pendleton County, WV Over the Last 5 Years
Pendleton County, West Virginia has seen fluctuating but ultimately increasing trends in residential energy tax credit amounts per tax return over the last five years. After a dip from $300.00 in 2014 to $200.00 in 2016, there was a dramatic rise to $733.33 by 2021. This surge could imply increased awareness or incentives for energy-efficient home improvements, making the area potentially attractive for eco-conscious homeowners and real estate investors interested in energy efficiency.
Average Real Estate Taxes Per Tax Return in Pendleton County, WV Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Pendleton County, West Virginia, have shown a noticeable upward trend, nearly doubling from around $1,041.03 in 2012 to $1,980.00 in 2021. The sharpest increases were observed between 2018 and 2020, suggesting a potential shift in property values or tax rates. This information could be pivotal for investors, real estate agents, and potential homeowners to understand local market dynamics and forecast future tax liabilities.
Percentage of Farm Returns in Pendleton County, WV Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Pendleton County, West Virginia, fluctuated slightly but generally hovered around 12.68% to 14.20%. Unlike industrial regions, this consistency might suggest the county has a stable agricultural presence. For investors or those considering relocating, such stability in farm returns could indicate a relatively predictable agricultural economy. This could, in turn, potentially influence property values and the overall viability of farming investments.
Number of Mortgages by Occupancy Type in Pendleton County, WV Over the Last 5 Years in Pendleton County
Pendleton County, West Virginia has seen notable shifts in mortgage counts by occupancy type over the past five years. Principal residences consistently dominate the mortgage market, showing robust numbers despite some fluctuations, peaking at 222 in 2021. Investment properties and second residences, while significantly lower in comparison, indicate a steady, albeit modest interest, with investment properties seeing a gradual increase and second residences showing slight variations. For investors, understanding these trends is crucial; high numbers in principal residence mortgages may suggest a stable or growing local population, which could imply potential demand for rental properties. Real estate agents and appraisers might note that changes in the mix of occupancy types could affect property values and market dynamics. Insurers and builders might reconsider risk assessment strategies and development plans, respectively, based on these evolving patterns.
Economic Outlook
Pendleton County, West Virginia has shown a steady climb in average taxable income per tax return, jumping from $38,671.12 in 2013 to $49,783.54 by 2021. This suggests potential opportunities for investors, homebuyers, and developers as economic conditions improve. The rise in average state and local income taxes, from $4,484.78 in 2012 to $9,700.00 in 2021, also highlights shifting economic landscapes. Average total tax liability has increased from $4,775.42 in 2012 to $6,115.23 by 2021, with... Read more
Average Taxable Income per Tax Return in Pendleton County, WV over the last 9 years
Pendleton County, West Virginia has experienced noticeable growth in average taxable income per tax return over the past nine years. Starting at $38,671.12 in 2013, it has progressively increased, reaching $49,783.54 by 2021. This upward trend suggests a steadily improving economic environment, potentially making the county more attractive to investors, homebuyers, and developers. Although typical of broader economic recovery patterns, this consistent rise could indicate localized economic resilience and opportunity for real estate and new business ventures.
Average State and Local Income Taxes Per Tax Return in Pendleton County, WV Over the Last 10 Years
Over the last decade, Pendleton County, West Virginia, has seen a generally upward trend in average state and local income taxes per tax return, with values increasing from $4,484.78 in 2012 to $9,700.00 in 2021. Notable spikes occurred in 2016 and 2018, suggesting possible changes in tax policy or economic conditions impacting taxable income. This data could be particularly insightful for investors and real estate agents considering the area, as well as residents and those contemplating a move to Pendleton County who may want to understand the evolving tax landscape.
Average Total Tax Liability Per Tax Return in Pendleton County, WV Over the Last 10 Years
Pendleton County, West Virginia has seen a notable increase in average total tax liability per tax return over the past decade. Starting from $4,775.42 in 2012, there has been a gradual upward trend, peaking at $6,115.23 by 2021. Particularly noteworthy is the significant jump between 2014 and 2015, from $4,996.17 to $5,795.18, suggesting changes in economic conditions or tax policies. Investors, real estate agents, and potential residents may find these changes indicative of shifting economic landscapes, potentially impacting property values and cost of living in the area. This gradual increase could also be of interest to appraisers and insurance agents assessing long-term financial trends in the community.
Cost of Living in Pendleton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,049 | $1,488 | $2,771 | $937 | $1,571 |
| 1 adult 4 children | $1,049 | $1,215 | $2,127 | $937 | $1,547 |
| 2 adults 3 children | $1,049 | $1,216 | $2,401 | $937 | $1,244 |
| 1 adult 3 children | $1,049 | $992 | $1,756 | $937 | $1,231 |
| 2 adults 2 children | $738 | $995 | $2,030 | $817 | $1,007 |
| 1 adult 2 children | $738 | $743 | $1,386 | $817 | $873 |
| 2 adults 1 child | $738 | $786 | $1,660 | $428 | $915 |
| 1 adult 1 child | $738 | $508 | $1,015 | $428 | $705 |
| 2 adults | $598 | $632 | $1,289 | $0 | $770 |
| 1 adult | $594 | $345 | $644 | $0 | $603 |
Safety trends & Data
Pendleton County, West Virginia has seen shifts in property crime trends over the past five years, which could impact property values and investments. Burglary incidents rose sharply in 2020 and 2021, with 11.00 and 12.00 incidents, up from just 4.00 in 2019. Meanwhile, larceny-theft incidents decreased significantly, dropping from 7.00 in 2019 to 1.00 in 2022. Motor vehicle theft has remained consistently... Read more
Property Crime Trends in Pendleton County, WV Over the Last 5 Years
Pendleton County, West Virginia has experienced noteworthy shifts in property crime over the past five years. Notable spikes include a significant rise in burglary in 2020 and 2021 with 11.00 and 12.00 incidents respectively, compared to just 4.00 in 2019. Larceny-theft trends showed a decrease overall, aging from a high of 7.00 incidents in 2019 to just 1.00 in 2022. Motor vehicle theft remained low but stable. For those considering investments or property developments, understanding these patterns is crucial, as crime trends directly impact property values, insurance costs, and community desirability.
Demographics
Pendleton County, West Virginia's adult population shows a slight male majority, with males and females almost evenly represented. The area's educational attainment is heavily skewed towards high school graduates, signaling potential for skill development initiatives. The age distribution is weighted towards older adults, with significant populations in the 55-64 and 65-74 age brackets, hinting at a community that might benefit from enhanced healthcare and senior services. In terms of racial... Read more
Race Distribution in Pendleton County, West Virginia (2022)
Educational Attainment in Pendleton County, West Virginia (2022)
Age Distribution in Pendleton County, West Virginia
Citizen Population in Pendleton County, West Virginia (2022)
Political Trends & Data
Pendleton County, West Virginia, shows a strong Republican preference, with about 76% of the 2020 Presidential Election votes cast for the GOP. Democrats received roughly 22%, and third parties collectively less than 2%. This area seems to have a substantial conservative influence, which could affect local policies and real estate trends, potentially prioritizing traditional and community-oriented... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Pendleton County in West Virginia leaned heavily Republican in the 2020 Presidential Election, with approximately 76% of the votes cast for the GOP. Democrats garnered roughly 22%, while third parties like the Libertarians and Greens had minimal impact, collectively receiving less than 2% of the vote. This voting pattern suggests a strong conservative presence in the area, which might shape local policies and priorities.
76.03% of voters voted for the Republican party in the 2020 Presidential Election
22.41% of voters voted for the Democrat party in the 2020 Presidential Election
1.39% of voters voted for the Livertarian party in the 2020 Presidential Election
0.16% of voters voted for the Green party in the 2020 Presidential Election
School Data
Pendleton County, West Virginia's student-to-teacher ratio has consistently ranged from 11 to just over 12 students per teacher in the past decade, notably lower than the national average of 14. This trend is often seen as a potential indicator of smaller class sizes and more personalized education, which may attract investors and prospective residents prioritizing education. Real estate agents could use this to highlight the area's commitment to educational resources, while appraisers and... Read more
Student-to-teacher ratio in Pendleton County, West Virginia over the last 10 years
Over the past decade, Pendleton County, West Virginia has seen its student-to-teacher ratio generally hover around 11 to 12 students per teacher, dipping as low as 11 and peaking just over 12 in some years. Compared to the national average of 14 students per teacher, Pendleton County's lower ratio may hint at smaller class sizes, which some argue could contribute to more personalized education and potentially better student outcomes. This trend might interest investors and prospective residents seeking a community that prioritizes educational resources. Real estate agents could leverage this information as a selling point, while appraisers and insurance agents might see value implications in properties situated in areas known for their favorable student-to-teacher ratios.
