Tucker County Real Estate and Livability Trends
Tucker County, West Virginia, has experienced a rise in average home values from $104,000 in 2015 to $141,100 in 2022, in line with state averages if not national ones. Energy-efficient properties might be gaining traction, as indicated by varying residential energy tax credits, peaking at $650.00 in 2021. Real estate taxes jumped from about $1,209.68 in 2012 to $2,814.29 in 2021, possibly... Read more
Tucker County Market Trends
Tucker County, West Virginia, has seen its median home values rise from $104,000 in 2015 to $141,100 in 2022, slightly below national trends but in line with state averages. Despite notable fluctuations in residential energy tax credits, peaking at $650.00 in 2021, there might be growing interest in energy-efficient properties. Real estate taxes have sharply increased from around $1,209.68 in... Read more
Median Value of Occupied Housing Units in Tucker County, West Virginia Over the Last 8 Years
Over the last eight years, Tucker County, West Virginia, has experienced a steady rise in median home values, increasing from $104,000 in 2015 to $141,100 in 2022. This growth, while notable, has generally lagged behind the national trend, where median values surged more significantly from $125,500 to $179,400 during the same period. Compared to West Virginia as a whole, Tucker County's housing market has shown comparable growth, with the state median values moving from $103,800 to $145,800 between 2015 and 2022. For potential investors and residents, this suggests that while Tucker County offers more affordable home prices relative to national and state averages, the rising trend could indicate escalating demand and investment potential in the area.
Residential Energy Tax Credit Per Tax Return in Tucker County, WV Over the Last 6 Years
Tucker County, West Virginia, is witnessing noticeable fluctuations in residential energy tax credits per tax return over the past six years. Notably, in 2016, the average credit peaked at $300.00, then dipped but dramatically spiked to $650.00 in 2021. This variability suggests shifting incentives or policy changes, presenting potential opportunities for investors and homeowners focused on energy efficiency improvements. For real estate agents and appraisers, these trends might imply a growing market interest in energy-efficient properties. Meanwhile, insurance agents and builders might find this data useful in planning and offering relevant services or warranties tied to energy-saving upgrades.
Average Real Estate Taxes Per Tax Return in Tucker County, WV Over the Last 10 Years
Real estate taxes in Tucker County, West Virginia have shown a notable upward trend over the last decade, with average taxes per tax return increasing from approximately $1,209.68 in 2012 to around $2,814.29 in 2021. The sharpest rises can be observed from 2018 onward, peaking between 2019 and 2021. This steady increase may suggest rising property values or changing tax policies, offering potential insights for investors, property developers, and real estate professionals considering the area.
Percentage of Farm Returns in Tucker County, WV Over the Last 10 Years
Farm tax returns in Tucker County, West Virginia, have shown a slight upward trend over the last decade, peaking in 2019 at 4.28%. Despite small fluctuations, the overall percentage has hovered around the 3.7% to 4.2% range. This data indicates a stable but modest farming presence, which could be a point of interest for potential investors eyeing agribusiness opportunities. The consistent figures suggest resilience and a possibly tight-knit farming community that is vital to the county's landscape.
Number of Mortgages by Occupancy Type in Tucker County, WV Over the Last 5 Years in Tucker County
The data on mortgage counts in Tucker County, West Virginia over the last five years indicates fluctuating trends across occupancy types. In 2021, there was a notable spike in mortgages for second residences, hitting 124, compared to 51 in 2018. However, that number substantially decreased to 73 in 2022. Principal residences consistently showed the highest number of mortgages, peaking at 176 in 2020. Investment properties remained relatively stable but witnessed a slight dip in recent years. These shifts can significantly impact the local real estate market by influencing property values, housing availability, and the type of services and amenities needed in the area. For investors, knowing the rise in second residences might suggest a growing demand for vacation homes or seasonal rentals. For insurance agents, these changes might necessitate adjusting coverage plans to accommodate different residential profiles. Understanding these trends is crucial for making informed decisions about investing, building, or moving to Tucker County.
Economic Outlook
Tucker County, West Virginia, has seen a steady climb in average taxable income per tax return from $40,380.94 in 2013 to $53,770.46 in 2021. This trend suggests an improving economic climate which might attract investors and new residents. Concurrently, there has been a marked rise in average state and local income taxes, escalating from $4,838.24 in 2012 to $8,233.33 in 2021, signaling possible shifts in economic dynamics or policy changes. Total tax liabilities have also fluctuated,... Read more
Average Taxable Income per Tax Return in Tucker County, WV over the last 9 years
The average taxable income per tax return in Tucker County, West Virginia has shown a general upward trend over the past nine years, starting from around $40,380.94 in 2013 to about $53,770.46 in 2021. This steady increase may signal an improving economic environment, potentially attracting investors and those looking to move to the area. Real estate agents and appraisers might find this information valuable for assessing property values, while insurance agents could consider this in evaluating policy risks. Additionally, builders might see opportunities for new developments given the rising incomes.
Average State and Local Income Taxes Per Tax Return in Tucker County, WV Over the Last 10 Years
Tucker County, West Virginia has seen a notable upward trend in average state and local income taxes per tax return over the last decade. Starting from $4,838.24 in 2012, there’s been a significant hike, peaking at $8,233.33 in 2021. Key spikes, like the increase to $7,400.00 in 2018, may suggest shifting economic dynamics or policy changes impacting residents. For investors, real estate professionals, and those considering relocating, understanding these tax trends is crucial as they may reflect broader economic health and municipal funding strategies. Higher taxes could potentially influence property values, living costs, and overall affordability in the area.
Average Total Tax Liability Per Tax Return in Tucker County, WV Over the Last 10 Years
Over the last decade, Tucker County, West Virginia saw notable fluctuations in average total tax liability per tax return, starting at around $4,866.05 in 2012 and rising to approximately $7,184.43 by 2021. Key peaks occurred in 2016 at about $6,109.65 and 2020 at $5,954.19, with a significant jump observed in 2021. These changes might indicate shifting economic conditions or adjustments in local taxable incomes, making it relevant for investors, real estate agents, and policymakers to keep an eye on such trends when evaluating the area's financial landscape.
Cost of Living in Tucker County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,049 | $1,315 | $3,087 | $953 | $1,610 |
| 1 adult 4 children | $1,049 | $1,074 | $2,370 | $953 | $1,596 |
| 2 adults 3 children | $1,049 | $1,074 | $2,673 | $953 | $1,307 |
| 1 adult 3 children | $1,049 | $877 | $1,957 | $953 | $1,251 |
| 2 adults 2 children | $738 | $879 | $2,260 | $831 | $1,030 |
| 1 adult 2 children | $738 | $657 | $1,543 | $831 | $888 |
| 2 adults 1 child | $738 | $695 | $1,846 | $436 | $933 |
| 1 adult 1 child | $738 | $449 | $1,130 | $436 | $711 |
| 2 adults | $653 | $558 | $1,432 | $0 | $799 |
| 1 adult | $614 | $305 | $716 | $0 | $606 |
Safety trends & Data
Tucker County, West Virginia experienced notable fluctuations in property crime trends over the past five years. While burglary incidents spiked to 2 in 2022, compared to consistent single incidents in prior years, vandalism also doubled to 2 incidents in the same year. It's interesting to note that motor vehicle theft hasn't been reported since 2018, which might suggest safer conditions for vehicle owners. These trends could be significant for appraisers, insurance agents, and real estate... Read more
Property Crime Trends in Tucker County, WV Over the Last 5 Years
Tucker County, West Virginia, saw modest fluctuations in property crime over the past five years, but some trends are notable for those interested in the local real estate and investment climate. Burglary and larceny-theft had some of the highest occurrences, with burglary spiking in 2022 (2 incidents) compared to the steady single incidents in earlier years. Vandalism also saw an uptick in 2022, doubling to 2 incidents. Interestingly, motor vehicle theft has not been reported since 2018, potentially signaling safer streets for vehicle owners. Such trends can be critical for appraisors, insurance agents, and real estate agents assessing risk and advising clients on property investments.
Demographics
Tucker County, West Virginia, shows a fairly balanced adult population with nearly equal numbers of male and female residents. While high school graduation rates are strong, a significant portion of adults haven't pursued education beyond high school. The county's age distribution leans older, with a larger segment of the population aged 55 and over, suggesting potential future needs related to aging services and healthcare. Racial diversity appears minimal, with the vast majority identifying... Read more
Race Distribution in Tucker County, West Virginia (2022)
Educational Attainment in Tucker County, West Virginia (2022)
Age Distribution in Tucker County, West Virginia
Citizen Population in Tucker County, West Virginia (2022)
Political Trends & Data
Tucker County in West Virginia likely displayed a strong Republican preference during the 2020 U.S. Presidential Election, as nearly 74% of the votes leaned towards the GOP. Democratic support seemed relatively low, capturing around 24% of the vote. Minor parties, such as the Libertarians and Greens, had minimal influence with less than 2% of the total vote combined. This data highlights a significant political divide and suggests potential voting behavior trends in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Tucker County in West Virginia likely exhibited a strong leaning towards the Republican party in the 2020 U.S. Presidential election, with nearly 74% of votes cast in favor. Democrats seemed to have captured around 24% of the vote, suggesting a significant gap between the two major parties. Minor parties like the Libertarians and Greens appear to have made a minimal impact, with less than 2% of the total vote share combined. This distribution reflects potential political trends and voter preferences in the region.
73.91% of voters voted for the Republican party in the 2020 Presidential Election
24.40% of voters voted for the Democrat party in the 2020 Presidential Election
1.40% of voters voted for the Livertarian party in the 2020 Presidential Election
0.29% of voters voted for the Green party in the 2020 Presidential Election
School Data
In Tucker County, West Virginia, the student-to-teacher ratio has consistently stayed below the national average of fourteen students per teacher over the past decade. The highest ratio was nearly thirteen students per teacher in 2016, dropping to about ten in 2022. This trend might appeal to families seeking a more personalized education for their children, potentially boosting the area's attractiveness to homebuyers. However, it could also result in higher education-related costs, affecting... Read more
Student-to-teacher ratio in Tucker County, West Virginia over the last 10 years
Over the past decade, the student-to-teacher ratio in Tucker County, West Virginia has fluctuated but consistently remained below the national average of fourteen students per teacher. The highest ratio observed was almost thirteen students per teacher in 2016, while the lowest was around ten students in 2022. For investors, potential residents, and real estate agents, these figures might suggest a more personalized and potentially higher quality educational environment, which could be a draw for families prioritizing education. Lower ratios can also imply higher costs for the education system, impacting property taxes and overall community funding. For appraisers and insurance agents, the stability and quality of local schools are often key factors influencing a property's market value and desirability.
