Webster County Real Estate and Livability Trends
Webster County, West Virginia's real estate market has shown a combination of rising property values and increasing economic stability. Median home values have risen from $64,800.00 in 2015 to $82,400.00 in 2022, despite being lower than state and national averages. The county has also experienced substantial tax increases, with real estate taxes doubling from $514.29 in 2012 to $1,008.33 in... Read more
Webster County Market Trends
In Webster County, West Virginia, median home values have climbed from $64,800.00 in 2015 to $82,400.00 in 2022, though this is still below state and national trends. Residential energy tax credits show significant volatility, suggesting potential shifts in economic factors or policies influencing energy-efficient investments. Real estate taxes have doubled from $514.29 in 2012 to $1,008.33 in... Read more
Median Value of Occupied Housing Units in Webster County, West Virginia Over the Last 8 Years
Over the last 8 years, median home values in Webster County, West Virginia have generally increased from $64,800.00 in 2015 to $82,400.00 in 2022, reflecting a growth trend that matches but remains below state and national levels. By comparison, West Virginia's median values are higher, moving from $103,800.00 to $145,800.00 during the same period. Nationally, the median value rose from $125,500.00 in 2015 to $179,400.00 in 2022, displaying a stronger overall market trend. Investors and potential homeowners eyeing Webster County may find relatively affordable opportunities compared to broader trends in both the state and the country.
Residential Energy Tax Credit Per Tax Return in Webster County, WV Over the Last 5 Years
Residential energy tax credits in Webster County, West Virginia, have exhibited quite a bit of volatility over the last five years. Starting at roughly $233.33 per tax return in 2013, there was a significant jump to $560.00 in 2014. This figure dipped to $300.00 in 2015, saw a slight increase to about $366.67 in 2016, and then surged again to $600.00 in 2021. These fluctuations might suggest shifting policies or economic factors influencing energy-efficient home investments in the area. This trend can be crucial for investors, real estate agents, and homeowners or prospective buyers considering energy-efficient upgrades, given the potential for future tax incentives.
Average Real Estate Taxes Per Tax Return in Webster County, WV Over the Last 6 Years
Over the last six years, Webster County, West Virginia has potentially experienced a notable increase in real estate taxes per tax return. From a modest $514.29 in 2012, taxes have steadily climbed to $1,008.33 in 2017. This trend may suggest rising property values or adjustments in local tax policies, which could be particularly relevant for investors, homeowners, and real estate professionals looking to understand the evolving economic landscape in the area.
Percentage of Farm Returns in Webster County, WV Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Webster County, West Virginia has generally hovered between 1.30% and 2.00%. There was a slight increase from 2012 to 2016, peaking at around 1.99%, but this was followed by a gradual decline, dipping to approximately 1.29% by 2020 before a minor recovery in 2021 to 1.53%. Farm tax returns reflect the portion of taxpayers reporting farm income, indicative of agricultural activity and its fluctuations, which can be crucial for those considering agricultural investments, property development, or relocation to the area given its implications for local economic stability and land use trends.
Number of Mortgages by Occupancy Type in Webster County, WV Over the Last 5 Years in Webster County
Webster County, West Virginia, has seen fluctuations in mortgage types over the past five years, with a noticeable predominance of principal residences. Investment properties have shown a decline from 13 in 2018 to as low as 3 in 2022, while second residences have seen a minor increase. These trends indicate shifting priorities among buyers and investors, which could impact local real estate dynamics, insurance policies, appraisal values, and development focus. Understanding these shifts can help stakeholders make more informed decisions, potentially affecting property values, demand for housing, and the overall economic landscape of the county.
Economic Outlook
Webster County, West Virginia, has seen the average taxable income per tax return trend upwards from roughly $37,689.29 in 2013 to $43,041.58 in 2021. This could hint at better economic conditions, making it a potentially appealing spot for investors. Fluctuating state and local income taxes, such as a jump from $6,316.67 in 2012 to $8,600.00 in 2017, suggest significant impacts from local tax policies on residents' disposable income. Moreover, the average total tax liabilities show noticeable... Read more
Average Taxable Income per Tax Return in Webster County, WV over the last 9 years
Over the last nine years in Webster County, West Virginia, the average taxable income per tax return has displayed a general upward trend, increasing from around $37,689.29 in 2013 to about $43,041.58 in 2021. This gradual rise may suggest improving economic conditions or higher earnings potential in the county, making it potentially attractive for investors and real estate professionals. Notable fluctuations occurred, like the dip in 2016 and a significant bump in 2018, highlighting potential economic shifts or tax policy impacts worth further investigation.
Average State and Local Income Taxes Per Tax Return in Webster County, WV Over the Last 6 Years
Webster County, West Virginia has experienced fluctuating average state and local income taxes per tax return over the past six years, notably rising from $6,316.67 in 2012 to $8,600.00 in 2017. There was a sharp increase in 2013 and a peak in 2017, indicating that local and state tax policies may significantly impact residents' disposable income. Investors, real estate agents, and prospective buyers should consider these trends to understand overall economic conditions and fiscal responsibilities when assessing the viability of property investments or relocations to Webster County.
Average Total Tax Liability Per Tax Return in Webster County, WV Over the Last 10 Years
Webster County, West Virginia has seen fluctuating average total tax liabilities per tax return over the past decade. While there was a notable peak in 2018 with an average liability reaching approximately $5,712.85, the lowest was in 2019 at around $4,431.07. This variability can signal both economic shifts and changing tax policies, which are important for investors, real estate agents, and those considering moving to the area. Understanding these trends can provide crucial insights into local economic health and future financial planning.
Cost of Living in Webster County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $993 | $1,303 | $3,087 | $938 | $1,548 |
| 1 adult 4 children | $993 | $1,064 | $2,370 | $938 | $1,505 |
| 2 adults 3 children | $993 | $1,064 | $2,673 | $938 | $1,221 |
| 1 adult 3 children | $993 | $869 | $1,957 | $938 | $1,185 |
| 2 adults 2 children | $738 | $871 | $2,260 | $818 | $1,009 |
| 1 adult 2 children | $738 | $651 | $1,543 | $818 | $858 |
| 2 adults 1 child | $738 | $689 | $1,846 | $428 | $913 |
| 1 adult 1 child | $738 | $445 | $1,130 | $428 | $690 |
| 2 adults | $561 | $553 | $1,432 | $0 | $748 |
| 1 adult | $493 | $302 | $716 | $0 | $547 |
Safety trends & Data
Property crime in Webster County, West Virginia, has shown notable fluctuations over the past five years. Burglary incidents peaked at 11.00 in 2019 but dropped to 2.00 by 2022, while vandalism cases spiked at 9.00 in 2021 before plummeting to 1.00 in 2022. Larceny-theft also varied, peaking at 8.00 incidents in 2020 and falling to 4.00 in 2022. These trends could be crucial for investors, insurers, and real estate professionals as they influence property valuations, insurance rates, and the... Read more
Property Crime Trends in Webster County, WV Over the Last 5 Years
Property crime in Webster County, West Virginia, has shown interesting fluctuations over the past five years. Burglary saw a peak in 2019 with 11.0 incidents but dropped significantly to just 2.0 incidents by 2022. Vandalism cases spiked in 2021 with 9.0 incidents but plummeted to 1.0 incident in 2022. Larceny-Theft also demonstrates variability, peaking at 8.0 incidents in 2020 and falling to 4.0 in 2022. These trends are crucial for investors, insurers, and real estate professionals as they paint a dynamic picture of the local crime landscape, impacting property valuations, insurance rates, and the overall appeal of the area.
Demographics
Webster County, West Virginia, shows a slightly higher male adult population compared to females, which may impact community dynamics and workforce compositions. Education levels reveal a significant number of residents achieving high school graduation, but far fewer attain higher education degrees, potentially influencing local economic opportunities and job markets. The age distribution skews older, with a notable proportion of the population being 55 years and older, suggesting potential... Read more
Race Distribution in Webster County, West Virginia (2022)
Educational Attainment in Webster County, West Virginia (2022)
Age Distribution in Webster County, West Virginia
Citizen Population in Webster County, West Virginia (2022)
Political Trends & Data
Webster County, West Virginia has a notable political tilt, with around 81% of votes leaning Republican and only 18% Democratic in recent presidential elections. This dominant two-party preference suggests local policies and community behaviors could be significantly influenced by conservative values. Minor party support remains minimal, highlighting a traditional political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Webster County, West Virginia showed a significant leaning towards the Republican party, with nearly 81% of the votes, while Democrats captured around 18%. Minor parties like Libertarians and the Green party managed to gather only minimal support, illustrating a strong preference for traditional two-party candidates among voters. This highlights a political environment that might heavily influence local policy and community dynamics.
81.10% of voters voted for the Republican party in the 2020 Presidential Election
17.93% of voters voted for the Democrat party in the 2020 Presidential Election
0.68% 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
Webster County, West Virginia has seen its student-to-teacher ratio decline from about 13 students per teacher in 2014 to under 10 in 2023, suggesting the potential for smaller class sizes and more individualized attention for students. This could be a key factor in attracting new residents who prioritize education. With a ratio now below the national average of 14 students per teacher, Webster County appears to be an appealing option for families and investors, potentially influencing property... Read more
Student-to-teacher ratio in Webster County, West Virginia over the last 10 years
Webster County, West Virginia has seen its student-to-teacher ratio decline steadily over the past decade, dropping from approximately 13 students per teacher in 2014 to under 10 in 2023. This trend could indicate smaller class sizes, which might be appealing for families seeking more individualized attention for their children. For investors and real estate agents, this could suggest a potential draw for the area, as lower ratios often signify higher quality education. Comparatively, Webster County's current ratio is below the national average of 14 students per teacher, potentially making it an attractive option for new residents prioritizing education. For insurance agents and appraisers, understanding this context is critical when evaluating risk and property values, particularly if educational quality is a key factor for local demand.
