Pocahontas County Real Estate and Livability Trends
Pocahontas County, West Virginia, has shown an impressive growth in average taxable incomes, peaking in 2021 at $51,998.65, indicating a strengthening local economy. The median home values also rose from $115,500.00 in 2015 to $129,500.00 in 2022, though they typically trail behind national figures. Average residential energy tax credits per tax return soared to $1,950.00 in 2021, pointing to a... Read more
Pocahontas County Market Trends
Pocahontas County, West Virginia has shown a general upward trend in median home values from $115,500.00 in 2015 to $129,500.00 in 2022, often aligning with the state average but trailing behind national figures. Notably, the county's average residential energy tax credit per tax return skyrocketed to $1,950.00 in 2021, suggesting a surge in energy-efficient investments. Real estate taxes per tax... Read more
Median Value of Occupied Housing Units in Pocahontas County, West Virginia Over the Last 8 Years
Over the past eight years, Pocahontas County, West Virginia, has generally seen an upward trend in median home values, moving from $115,500.00 in 2015 to $129,500.00 in 2022. Although there were minor dips, such as in 2016 and 2020, the overall growth aligns closely with the state's trajectory, albeit slightly above state averages for most years. When compared to the national data, Pocahontas County tends to fall short, with national median values escalating more sharply, reaching $179,400.00 by 2022. This trend might appeal to cost-conscious buyers or investors seeking more affordable options within the county, providing a more attractive entry point relative to the nationwide housing market.
Residential Energy Tax Credit Per Tax Return in Pocahontas County, WV Over the Last 5 Years
Pocahontas County, West Virginia has seen a significant uptick in the average residential energy tax credit per tax return over the last five years. After relatively stable amounts around $233.33 in 2013 and $260.00 in 2014 and 2015, there was a noticeable increase to $433.33 in 2016. The most dramatic jump occurred in 2021, soaring to $1,950.00. This trend suggests a growing investment in energy-efficient solutions among residents, which could be attributed to improved incentives or increased awareness. For those looking to invest or build property, this could mean better opportunities for sustainable living and potential savings on energy costs, making the area increasingly attractive.
Average Real Estate Taxes Per Tax Return in Pocahontas County, WV Over the Last 10 Years
In Pocahontas County, West Virginia, average real estate taxes per tax return have shown a fluctuating trend over the past decade. From 2012 to 2018, values ranged between $1,140.54 and $1,483.33, indicating relative stability. However, a significant spike occurred in 2020, reaching $2,440.00, before dropping to $1,420.00 in 2021. This volatility could signal important considerations for potential investors, real estate agents, and property builders focusing on tax implications in the area.
Percentage of Farm Returns in Pocahontas County, WV Over the Last 10 Years
Farm tax returns in Pocahontas County, West Virginia, have hovered around 7.46% to 8.89% over the last decade. This trend suggests stable agricultural activity and potentially favorable conditions for farming investments. For those considering moving to the area or investing in property, the steadiness of farm tax returns may indicate a resilient agricultural sector, contributing to the overall economic reliability of the county.
Number of Mortgages by Occupancy Type in Pocahontas County, WV Over the Last 5 Years in Pocahontas County
The mortgage landscape in Pocahontas County, West Virginia, shows some telling trends over the past five years. Principal residences consistently lead in mortgage counts, reflecting perhaps a preference for homeownership or strong local demand for primary housing. Investment properties see a notable dip, particularly in 2020 and 2022, possibly due to economic uncertainties or shifting investment strategies. Second residences experienced sharp fluctuations, with 2021 peaking at 133 mortgages, possibly indicating a spike in demand for vacation homes or rural escapes. These variations can signal to investors a changing market dynamics, while appraisers and real estate agents might interpret these trends for accurate property valuations and advising clients on market conditions.
Economic Outlook
Average taxable incomes in Pocahontas County, West Virginia have steadily risen over the past nine years, peaking in 2021 at $51,998.65. This consistent growth suggests a strengthening local economy, which could be appealing to potential investors and real estate professionals. Average state and local income taxes have also climbed from $4,277.50 in 2012 to $9,928.57 in 2021, pointing to an evolving economic landscape. Additionally, the average total tax liability per tax return has shown... Read more
Average Taxable Income per Tax Return in Pocahontas County, WV over the last 9 years
Average taxable incomes in Pocahontas County, West Virginia have exhibited a steady upward trend over the past nine years, peaking notably in 2021 at $51,998.65. Prior to this, a gradual rise was observed, with values growing from $37,090.19 in 2013 to $44,405.47 in 2020. This consistent increase might suggest a strengthening local economy, which could be appealing to potential investors, developers, and real estate professionals. For appraisers and insurance agents, the rise indicates possibly higher property valuations and insurance premiums, respectively. For those considering relocating or involved in financial planning, it's an important indicator of economic stability and growth.
Average State and Local Income Taxes Per Tax Return in Pocahontas County, WV Over the Last 10 Years
Over the past decade, Pocahontas County, West Virginia has seen notable fluctuations in average state and local income taxes per tax return, with a steady increase from $4,277.50 in 2012 to $9,928.57 in 2021. The most significant rises were observed between 2018 and 2021, indicating a growing tax burden. These trends could suggest an evolving economic landscape in the county, possibly driven by various factors influencing income levels and tax policies. This data point may be crucial for potential investors, real estate agents, and developers evaluating the financial environment of Pocahontas County.
Average Total Tax Liability Per Tax Return in Pocahontas County, WV Over the Last 10 Years
Pocahontas County, West Virginia has seen a notable fluctuation in the average total tax liability per tax return over the past decade, with a general upward trend peaking significantly in 2021 at $7,385.71. This variability and sharp increase could imply shifting economic conditions, changes in local tax policies, or even variations in income levels. Those looking to invest or build property in the area might consider these trends as indicators of the county’s economic environment. For real estate agents, appraisers, and insurance agents, these figures suggest a potentially evolving market landscape that could impact property valuations and insurance premiums.
Cost of Living in Pocahontas County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,046 | $1,331 | $3,087 | $1,062 | $1,682 |
| 1 adult 4 children | $1,046 | $1,087 | $2,370 | $1,062 | $1,671 |
| 2 adults 3 children | $1,046 | $1,087 | $2,673 | $1,062 | $1,372 |
| 1 adult 3 children | $1,046 | $888 | $1,957 | $1,062 | $1,320 |
| 2 adults 2 children | $738 | $890 | $2,260 | $926 | $1,072 |
| 1 adult 2 children | $738 | $665 | $1,543 | $926 | $942 |
| 2 adults 1 child | $738 | $704 | $1,846 | $485 | $959 |
| 1 adult 1 child | $738 | $454 | $1,130 | $485 | $734 |
| 2 adults | $598 | $565 | $1,432 | $0 | $788 |
| 1 adult | $594 | $308 | $716 | $0 | $603 |
Safety trends & Data
Pocahontas County, West Virginia has experienced varying property crime rates over the past five years, with larceny-theft peaking at 18 incidents in 2021, potentially indicating a hotspot for petty thefts. Burglary incidents showed an upswing by 2022 after being at their lowest in 2019, suggesting shifting security concerns. Motor vehicle theft dropped significantly from six incidents in 2018 to just one by 2022, possibly owing to better vehicle security or focused law enforcement. Vandalism... Read more
Property Crime Trends in Pocahontas County, WV Over the Last 5 Years
Pocahontas County, West Virginia has seen fluctuating property crime rates over the past five years. Notably, larceny-theft peaked in 2021 with 18 incidents but varied in other years, indicating a potential hotspot for petty thefts. Burglary incidents were lowest in 2019 but showed an increase by 2022, suggesting evolving security considerations. Motor vehicle theft saw a notable decline from six incidents in 2018 to just one by 2022, which might point to improved vehicle security measures or law enforcement focus. Vandalism and fraud remained relatively low and steady, not signaling significant concern. These trends could be key for investors, real estate agents, and residents to understand evolving safety dynamics and to make informed decisions about property and security investments in the area.
Demographics
In Pocahontas County, West Virginia, adult males slightly outnumber females, and educational attainment skews towards high school graduates, with a notable portion having some college experience but no degree. The population leans older with a significant segment over 55 years old. Racially, the county is overwhelmingly white, with very small minority populations. This data suggests potential challenges in diversifying the local economy or workforce and highlights an aging population that might... Read more
Race Distribution in Pocahontas County, West Virginia (2022)
Educational Attainment in Pocahontas County, West Virginia (2022)
Age Distribution in Pocahontas County, West Virginia
Citizen Population in Pocahontas County, West Virginia (2022)
Political Trends & Data
In Pocahontas County, West Virginia, the real estate market may be influenced by a predominantly Republican-leaning electorate, given that around 72.2% of the 2020 U.S. Presidential election votes went to the Republican candidate. The Democratic candidate's support hovered around 26.1%, with negligible shares for minor parties. This political climate could affect local policies on property taxes, land use, and development, potentially making the county attractive to certain types of real estate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Pocahontas County, West Virginia, the 2020 U.S. Presidential Election results likely saw a strong preference for the Republican candidate, capturing approximately 72.2% of the vote. The Democratic candidate may have garnered around 26.1% of the vote, while minor parties like the Libertarian and Green candidates received a negligible share, each earning close to 1% and 0.5% respectively. This trend suggests a heavily Republican-leaning electorate in this county.
72.23% of voters voted for the Republican party in the 2020 Presidential Election
26.12% of voters voted for the Democrat party in the 2020 Presidential Election
1.10% of voters voted for the Livertarian party in the 2020 Presidential Election
0.55% of voters voted for the Green party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Pocahontas County, West Virginia, has consistently been below the national average, hovering between approximately 11 and 12 over the past decade. This trend could hint at smaller class sizes and more individualized attention for students, a potential draw for families considering a move to the area. Such factors could be leveraged by real estate investors, builders, and agents as a selling point for family-friendly communities. Additionally, insurance agents... Read more
Student-to-teacher ratio in Pocahontas County, West Virginia over the last 10 years
The student-to-teacher ratio in Pocahontas County, West Virginia, has been consistently below the national average of 14 students per teacher, fluctuating between approximately 11 and 12 over the past decade. This relatively low ratio might suggest smaller class sizes, potentially offering more individualized attention to students. For those looking to invest in real estate, build property, or move to the area, this could indicate a strong selling point for family-friendly communities. Appraisers and real estate agents might also note this trend, as it could reflect a local school system that could be a draw for prospective home buyers prioritizing education. Insurance agents may also find this information valuable when assessing community risk factors and overall resident satisfaction.
