Adair County Real Estate and Livability Trends
Adair County, Oklahoma's real estate market reflects a steady economic improvement, with average taxable income per tax return increasing from around $33,275.09 in 2013 to $41,519.07 in 2021. Median home values have demonstrated substantial growth, jumping from $76,600 in 2015 to $108,200 in 2022, potentially offering opportunities for investors and appealing to prospective homeowners due to... Read more
Adair County Market Trends
Median home values in Adair County, Oklahoma have risen from $76,600 in 2015 to $108,200 in 2022, showing a robust growth rate, particularly with a $14,000 jump from 2021 to 2022. Despite being below national and state medians, this steady increase may offer potential opportunities for investors and attract prospective homeowners due to the lower entry price point. The sharp rise in residential... Read more
Median Value of Occupied Housing Units in Adair County, Oklahoma Over the Last 8 Years
Median home values in Adair County, Oklahoma have shown a notable upward trend over the past eight years, rising from $76,600 in 2015 to $108,200 in 2022. While still below the national median of $179,400 and the state median of $170,500, the growth rate in Adair County appears quite robust, particularly from 2021 to 2022 where the median value jumped by over $14,000. This steady increase reflects potential opportunities for investors eyeing more affordable markets with growth potential. Prospective homeowners and builders might also find the area increasingly attractive, as it offers a lower entry price point compared to broader state and national averages.
Residential Energy Tax Credit Per Tax Return in Adair County, OK Over the Last 7 Years
Adair County, Oklahoma has seen a noticeable fluctuation in residential energy tax credits claimed per tax return over the past seven years. Beginning at an average of $242.86 in 2013, the credit saw modest increases, reaching $325.00 in 2014 and stabilizing at $300.00 in both 2015 and 2016. However, a sharp rise occurred in 2019 with an average credit of $400.00, followed by a substantial spike to $1,375.00 in 2020. Although it slightly dipped to $1,175.00 in 2021, this pattern might suggest increasing investment in energy-efficient upgrades among homeowners. This trend could be significant for investors, real estate agents, and property developers aiming to gauge the region’s growing focus on sustainability and potential for future energy-efficient housing projects.
Average Real Estate Taxes Per Tax Return in Adair County, OK Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Adair County, Oklahoma have shown a general trend of increase, spiking from around $926.67 in 2012 to a peak of $1830.00 in 2020 before dipping slightly to $1450.00 in 2021. This could indicate a potentially increasing burden on property owners, possibly driven by rising property values or adjustments in tax rates. Such shifts are important to consider for investors, appraisers, and anyone involved in real estate transactions, as they may impact property affordability and long-term financial planning.
Percentage of Farm Returns in Adair County, OK Over the Last 10 Years
Over the past decade, Adair County, Oklahoma has seen relatively steady farm tax returns, fluctuating slightly between 12.48% and 12.84%. Farm tax returns here generally indicate the portion of income derived from agricultural activities, offering insights into the local economy's reliance on farming. This trend can be revealing for investors, potential homeowners, and developers interested in the area, possibly indicating stable agricultural activity that could influence property values, local businesses, and community growth.
Number of Mortgages by Occupancy Type in Adair County, OK Over the Last 5 Years in Adair County
In Adair County, Oklahoma, there's been a notable increase in principal residence mortgages over the last five years, peaking at 602 in 2021. Investment property mortgages have seen more modest fluctuations, with a slight decline to 22 in 2022. Second residence mortgages have remained consistently low, indicating limited interest in vacation or secondary homes. These trends suggest a stronger focus on primary living spaces, appealing to those investing or moving to the area, and informing appraisers and real estate agents about market demand. For insurance agents and property developers, the relatively low numbers of second residence and investment property loans might hint at lower risk and slower economic diversity in housing.
Economic Outlook
Over the past nine years, Adair County, Oklahoma has generally seen a gradual increase in average taxable income per tax return, rising from approximately $33,275.09 in 2013 to around $41,519.07 in 2021. State and local income taxes have also risen, peaking at $6,821.43 in 2020 before slightly decreasing to $6,369.23 in 2021. The average total tax liability per tax return peaked at $4,612.25 in 2020. These trends suggest a slow but steady economic improvement, potentially making the area more... Read more
Average Taxable Income per Tax Return in Adair County, OK over the last 9 years
Over the past nine years, Adair County, Oklahoma has generally seen a gradual increase in average taxable income per tax return, rising from approximately $33,275.09 in 2013 to around $41,519.07 in 2021. This upward trend might suggest a slow but steady economic improvement, possibly making the area more attractive for potential investors and residents. Such income growth could influence real estate market values and property development prospects, while also affecting insurance premiums and appraisal values.
Average State and Local Income Taxes Per Tax Return in Adair County, OK Over the Last 10 Years
Adair County, Oklahoma has experienced a noticeable rise in state and local income taxes per tax return over the past decade. The figure has fluctuated, peaking at $6,821.43 in 2020 before slightly decreasing to $6,369.23 in 2021. This upward trend suggests a growing tax burden, which investors, prospective residents, and real estate professionals might want to consider when evaluating the area's economic landscape.
Average Total Tax Liability Per Tax Return in Adair County, OK Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Adair County, Oklahoma has demonstrated a gradual upward trend, peaking at $4,612.25 in 2020. This steadiness with occasional dips, such as the notable drop to $3,899.57 in 2018, could signal underlying economic fluctuations. The overall incline in tax liability might reflect increasing property values and development within the county, making it a potentially attractive area for investment and property development. These insights would be crucial for real estate agents, appraisers, and insurance agents targeting Adair County.
Cost of Living in Adair County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,067 | $1,468 | $2,142 | $952 | $1,221 |
| 1 adult 4 children | $1,067 | $1,199 | $1,641 | $952 | $1,283 |
| 2 adults 3 children | $1,067 | $1,199 | $1,857 | $952 | $975 |
| 1 adult 3 children | $1,067 | $979 | $1,356 | $952 | $964 |
| 2 adults 2 children | $797 | $982 | $1,572 | $840 | $809 |
| 1 adult 2 children | $797 | $733 | $1,071 | $840 | $712 |
| 2 adults 1 child | $797 | $776 | $1,288 | $475 | $772 |
| 1 adult 1 child | $797 | $501 | $786 | $475 | $619 |
| 2 adults | $613 | $623 | $1,003 | $0 | $646 |
| 1 adult | $609 | $340 | $501 | $0 | $560 |
Safety trends & Data
Adair County, Oklahoma, has experienced variable property crime trends over the last five years, with larceny-theft arrests peaking at 33.0 in 2018 and dipping to 15.0 in 2020. Burglary incidents rose from 6.0 in 2019 to 16.0 in 2022, indicating a possible shift in local crime dynamics that could influence property values and insurance rates. Vandalism saw a notable increase to 26.0 in 2022, which may concern investors and homeowners. Stable yet consistent motor vehicle theft alongside subtle... Read more
Property Crime Trends in Adair County, OK Over the Last 5 Years
Adair County, Oklahoma, has witnessed a fluctuating but impactful trend in property crimes over the past five years. Notably, larceny-theft arrests show peaks and troughs, with a high of 33.0 in 2018 and a low of 15.0 in 2020, indicating variable risk levels for theft. Burglary incidents have seen a general increase, from 6.0 in 2019 to 16.0 in 2022, possibly signaling shifting crime patterns that could impact property values and insurance premiums. Motor vehicle theft remains relatively stable but consistently present. A spike in vandalism to 26.0 in 2022 from previous lows suggests a recent surge in disruptive activity, which could concern potential investors and homeowners alike. Subtle increases in fraud and embezzlement also add complexity to the local crime landscape.
Demographics
Adair County, Oklahoma, seems to have a relatively balanced gender distribution, with females slightly outnumbering males. The area shows modest educational attainment, as the majority of adults have at least a high school diploma, though the rates for higher degrees remain low. The age demographics point towards a older population, with significant segments in the 35 to 64 year range. Most notably, the racial composition is heavily influenced by a substantial American Indian and Alaska Native... Read more
Race Distribution in Adair County, Oklahoma (2022)
Educational Attainment in Adair County, Oklahoma (2022)
Age Distribution in Adair County, Oklahoma
Citizen Population in Adair County, Oklahoma (2022)
Political Trends & Data
Adair County, Oklahoma, may exhibit a strong conservative bent based on recent voting patterns, with the Republican candidate possibly securing around 79% of the 2020 U.S. Presidential Election votes. The Democratic candidate might have only garnered just under 20%, and third parties seemed to attract minimal support, potentially getting about 1% each. This political landscape could offer valuable context when considering community values and potential market drivers in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Adair County, Oklahoma, may have shown a particularly strong leaning towards the Republican candidate in the 2020 U.S. Presidential Election, receiving possibly close to 79% of the votes. The Democratic candidate might have garnered just under 20%, while Libertarian and other parties appeared to gain minimal support, potentially only contributing around 1% each. These trends could suggest a predominantly conservative voter base in this area, revealing insights into the political landscape of the county.
78.57% of voters voted for the Republican party in the 2020 Presidential Election
19.51% of voters voted for the Democrat party in the 2020 Presidential Election
0.87% of voters voted for the Livertarian party in the 2020 Presidential Election
1.04% of voters voted for the Other party in the 2020 Presidential Election
School Data
Adair County, Oklahoma has kept its student-to-teacher ratio below the national average of 14, hitting a low of 12 in 2018 and peaking at 14 in 2021. This trend could suggest more individualized classroom attention, potentially making this area attractive to families prioritizing education. For real estate stakeholders, this could signal a stable or even lucrative market segment looking for quality education, potentially influencing property demand and values. Community growth projections and... Read more
Student-to-teacher ratio in Adair County, Oklahoma over the last 10 years
Adair County, Oklahoma has seen its student-to-teacher ratio fluctuate slightly over the last decade, generally maintaining figures below the national average of 14 students per teacher. From 2014 to 2023, the ratio has dipped to as low as 12 in 2018 and peaked at 14 in 2021. This trend could suggest that Adair County might offer more individualized attention in classrooms compared to other regions, which could be attractive to families prioritizing education. For investors and real estate agents, it may indicate a stable or attractive market segment looking for quality education, which could influence property demand and values. Appraisers and insurance agents might also find this data useful as it could impact community growth projections and insurance policies.
