Atoka County Real Estate and Livability Trends
Atoka County, Oklahoma has shown a substantial rise in median home values from $85,400 in 2015 to $123,000 in 2022, highlighting its emerging affordability compared to state and national trends. This economic strengthening is echoed in the rise of average taxable income per tax return, peaking at $47,725.42 in 2021, despite tax burdens fluctuating over the decade. These dynamics could be enticing... Read more
Atoka County Market Trends
Atoka County, Oklahoma's median home values rose from $85,400 in 2015 to $123,000 in 2022, suggesting a more affordable entry point for buyers compared to state and national trends. Residential energy tax credits saw notable fluctuations, peaking at $1,271.43 in 2020 before falling to $620.00 in 2021, potentially attractive for those eyeing energy-efficient projects. Real estate taxes per return... Read more
Median Value of Occupied Housing Units in Atoka County, Oklahoma Over the Last 8 Years
Atoka County, Oklahoma has seen a steady climb in median home values over the past 8 years, with a jump from $85,400 in 2015 to $123,000 in 2022. This local growth, while impressive, still lags behind both state and national trends. Oklahoma's median values increased from $117,900 to $170,500, and the U.S. saw home values rise from $125,500 to $179,400 during the same period. This data could suggest a relatively more affordable entry point for potential investors or homebuyers looking at smaller markets within Oklahoma.
Residential Energy Tax Credit Per Tax Return in Atoka County, OK Over the Last 7 Years
Atoka County, Oklahoma has seen notable fluctuations in average residential energy tax credits per tax return over the past seven years. Starting at $400.00 in 2013, there was a decline through 2014 and 2015, stabilizing at around $333.33. In 2019, there was a significant jump to $875.00, peaking in 2020 at $1,271.43 before dropping to $620.00 in 2021. This volatility might interest investors and builders looking into energy-efficient housing projects, as well as insurance agents and appraisers monitoring potential increases in eco-friendly home features, influencing property values and risk assessments.
Average Real Estate Taxes Per Tax Return in Atoka County, OK Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in Atoka County, Oklahoma have steadily increased, starting from $1,225.00 in 2012 and reaching $2,300.00 by 2021. This consistent rise could indicate growing property values or changes in tax policies. For potential investors and real estate agents, this trend might suggest a strengthening local market, while appraisers and insurance agents might view it as a factor in property valuation and risk assessment. Local residents and those considering a move to the area should be cognizant of these rising taxes as part of their financial planning.
Percentage of Farm Returns in Atoka County, OK Over the Last 10 Years
Atoka County, Oklahoma has shown some fluctuations in the percentage of farm tax returns over the last decade, with 20.49% in 2012 decreasing to a low of 17.49% in 2020 before seeing a slight increase to 18.32% in 2021. This data could be indicative of underlying economic shifts affecting local agriculture or possibly changing demographics within the farming community. For potential investors, property developers, and future residents, these trends might suggest a changing landscape in local agricultural activities, providing insights into economic stability and opportunities for investment in farmland or related industries. Farm tax returns generally reflect the number of tax returns filed by those reporting farm income and can be an indicator of the health and viability of agricultural pursuits in the region.
Number of Mortgages by Occupancy Type in Atoka County, OK Over the Last 5 Years in Atoka County
In Atoka County, Oklahoma, the mortgage landscape over the past five years shows a clear dominance of principal residence mortgages, with steady growth from 260 in 2018 to 367 in 2021, with a slight dip to 319 in 2022. Investment property mortgages, on the other hand, have seen a decline, dropping from 21 in 2018 to just 8 in 2022. Second residence mortgages have remained relatively stable, fluctuating between 6 and 13 annually. These shifts in occupancy types can provide valuable insights for investors, suggesting a growing demand for primary residences and potentially a decreased interest or confidence in investment properties. For real estate agents and builders, this trend might indicate where to focus their efforts and marketing strategies. Appraisers and insurance agents could also interpret these trends to adjust their evaluations and risk assessments accordingly.
Economic Outlook
Atoka County, Oklahoma has experienced a rise in average taxable income per tax return, peaking at $47,725.42 in 2021, despite a dip in 2020 to $41,942.63. This upward trajectory might indicate economic strengthening, making it attractive for real estate investments. Meanwhile, average state and local income taxes peaked at $7,209.09 in 2020, which might affect the county's appeal to investors. Fluctuations in total tax liability per tax return, rising from about $5,455.11 in 2012 to $6,292.27... Read more
Average Taxable Income per Tax Return in Atoka County, OK over the last 9 years
Average taxable income per tax return in Atoka County, Oklahoma has generally trended upward over the last nine years, hitting a peak of $47,725.42 in 2021. Notably, there was a dip in 2020 to $41,942.63, perhaps reflecting broader economic conditions. For those looking to invest or relocate, this increasing income level might signal a stronger local economy and a potentially lucrative real estate market. For appraisers and insurance agents, these trends could impact property valuations and insurance premiums. Overall, the relatively consistent growth in taxable income suggests a stable economic environment that could be appealing across various sectors.
Average State and Local Income Taxes Per Tax Return in Atoka County, OK Over the Last 10 Years
Over the past decade, Atoka County, Oklahoma has seen fluctuations in average state and local income taxes per tax return, peaking at $7209.09 in 2020. Notable increases occurred from 2017 onwards, which might affect the region's attractiveness to potential investors and newcomers. These shifts could be an essential consideration for appraisers and real estate agents when assessing property values, as well as for insurance agents evaluating risk. Understanding these trends could offer valuable insights for anyone interested in the economic landscape of Atoka County.
Average Total Tax Liability Per Tax Return in Atoka County, OK Over the Last 10 Years
Over the past decade, Atoka County, Oklahoma has seen fluctuations in its average total tax liability per tax return, with a notable increase from around $5,455.11 in 2012 to approximately $6,292.27 in 2021. While there have been years where the liability dipped, such as in 2016 when it fell to $5,321.53, the general trend suggests a rising tax burden. This changing landscape may impact decisions for potential investors, property developers, and real estate agents as it reflects broader economic shifts within the county. Understanding these trends is crucial for appraisers and insurance agents tasked with evaluating the region's fiscal environment and potential risk factors.
Cost of Living in Atoka County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,101 | $1,404 | $2,142 | $971 | $1,214 |
| 1 adult 4 children | $1,101 | $1,146 | $1,641 | $971 | $1,281 |
| 2 adults 3 children | $1,101 | $1,147 | $1,857 | $971 | $973 |
| 1 adult 3 children | $1,101 | $936 | $1,356 | $971 | $965 |
| 2 adults 2 children | $797 | $939 | $1,572 | $856 | $796 |
| 1 adult 2 children | $797 | $701 | $1,071 | $856 | $698 |
| 2 adults 1 child | $797 | $742 | $1,288 | $484 | $759 |
| 1 adult 1 child | $797 | $479 | $786 | $484 | $608 |
| 2 adults | $622 | $596 | $1,003 | $0 | $634 |
| 1 adult | $619 | $325 | $501 | $0 | $549 |
Safety trends & Data
Atoka County, Oklahoma has seen fluctuating property crime trends over the past five years, with a notable spike in 2022 when larceny-theft incidents rose to 14 cases and burglary increased to 9 cases. Vandalism, fraud, and embezzlement have been less consistent, while vehicle thefts have shown minor year-on-year variations. These trends are particularly relevant for potential investors, insurance agents, and real estate professionals assessing risk and property... Read more
Property Crime Trends in Atoka County, OK Over the Last 5 Years
Atoka County, Oklahoma, has experienced fluctuating trends in property crimes over the last five years. Notably, burglary and larceny-theft incidents hovered around relatively stable numbers for the initial years before a significant increase in 2022, where larceny-theft spiked to 14 cases and burglary rose to 9 cases. Vandalism, fraud, and embezzlement have seen sporadic occurrences, indicating less consistency in these crime categories. Vehicle thefts have remained relatively consistent with minor variations year on year. Such patterns are particularly relevant for potential investors, insurance agents, and real estate professionals who need to assess risk and property values.
Demographics
In Atoka County, Oklahoma, the adult population is predominantly male, with a noticeable gender imbalance. The educational attainment levels are somewhat varied, although the majority of adults have at least a high school diploma, while fewer have pursued higher education. The age distribution shows a relatively balanced spread across most age groups, with a slight concentration in the 25 to 64-year range. Racially, the county is primarily White, with smaller percentages of American Indian and... Read more
Race Distribution in Atoka County, Oklahoma (2022)
Educational Attainment in Atoka County, Oklahoma (2022)
Age Distribution in Atoka County, Oklahoma
Citizen Population in Atoka County, Oklahoma (2022)
Political Trends & Data
Atoka County, Oklahoma leans heavily Republican with about 85% of votes in the 2020 Presidential Election favoring the party. Democrats were significantly behind at roughly 14%, indicating a strong conservative presence. This trend might shape future local and state elections, potentially affecting policy decisions and development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Atoka County, Oklahoma, the 2020 U.S. Presidential Election saw an overwhelming lean towards the Republican party, which garnered about 85% of the votes. Democrats lagged significantly behind with roughly 14%, while Libertarians and other parties barely made a mark. This skew could reflect broader political leanings and issue prioritization within the county, potentially influencing future local and state elections.
84.56% of voters voted for the Republican party in the 2020 Presidential Election
14.20% of voters voted for the Democrat party in the 2020 Presidential Election
0.91% of voters voted for the Livertarian party in the 2020 Presidential Election
0.33% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past decade, Atoka County, Oklahoma's student-to-teacher ratio peaked at 15 students per teacher in 2016 and dipped to a low of 14 in 2022, slightly above the national average of 14. This trend might imply larger class sizes and potentially strained educational resources, which could influence property values and desirability. For those in real estate, this data suggests trends in family demographics and future community planning needs, offering insights into the area's appeal and the... Read more
Student-to-teacher ratio in Atoka County, Oklahoma over the last 10 years
Atoka County, Oklahoma has experienced some fluctuations in its student-to-teacher ratio over the past decade, with a peak of 15 students per teacher in 2016 and a low of 14 in 2022. Compared to the national average of about 14 students per teacher, Atoka County generally hovers slightly above this benchmark. These changes in occupancy type can influence classroom dynamics, affecting the quality of education. For potential investors, appraisers, real estate agents, and those considering a move to the area, a higher student-to-teacher ratio might suggest larger class sizes and potentially more strain on educational resources, which could impact property values and desirability. For insurance agents and builders, this data could imply trends in family demographics and future community planning needs.
