Cimarron County Real Estate and Livability Trends
Cimarron County, Oklahoma has seen a rise in average taxable income from $35,462.50 in 2016 to $47,278.85 by 2021, aligning with periodic peaks in state and local taxes, which could reflect policy changes affecting disposable income. Median home values have increased from $59,500 in 2015 to $77,900 in 2022, presenting lower entry points for investors compared to state and national averages.... Read more
Cimarron County Market Trends
Cimarron County's median home values have climbed from $59,500 in 2015 to $77,900 in 2022, consistently trailing behind Oklahoma's average of $170,500 and the national average of $179,400. This suggests potential value opportunities for investors due to the county's relatively lower entry point. Real estate taxes have shown variability, peaking at $1,000.00 in 2016 but stabilizing around $900.00... Read more
Median Value of Occupied Housing Units in Cimarron County, Oklahoma Over the Last 8 Years
Cimarron County's median home values have experienced a general upward trend from $59,500 in 2015 to $77,900 in 2022, which, while promising, still lags behind Oklahoma's average of $170,500 and the national average of $179,400 for the same year. This disparity suggests potential value opportunities for investors looking at Cimarron County, considering the relatively lower entry point compared to state and national markets. The growth from 2020 to 2022, especially, indicates a period of accelerated appreciation, possibly driven by broader market forces, which could be an appealing signal for those looking to capitalize on rising property values in less saturated areas.
Average Real Estate Taxes Per Tax Return in Cimarron County, OK Over the Last 7 Years
Real estate taxes in Cimarron County, Oklahoma have shown some fluctuations over the last seven years, with a noticeable upward trend. Starting at $750.00 in 2012, taxes saw a dip in 2013 but rebounded strongly by 2015, reaching $922.22. The peak occurred in 2016 with an average of $1,000.00 per tax return, although there was a slight decrease in the subsequent years. By 2018, the amount had stabilized somewhat at $900.00. These shifts hint at an increasing demand for real estate and potential changes in property values, making it essential for investors, real estate agents, and appraisers to closely monitor these trends.
Percentage of Farm Returns in Cimarron County, OK Over the Last 10 Years
Farm tax returns in Cimarron County, Oklahoma, fluctuated between 27.5% and 29.2% over the past decade. These small variances indicate a relatively stable contribution from agricultural activities. For potential investors or residents, this data suggests that farming remains a consistent economic activity in the area, possibly providing predictable tax incentives and sustaining local agribusiness. This stability can be attractive for those looking to invest in agricultural ventures, considering building properties, or seeking a community with a strong agricultural presence.
Number of Mortgages by Occupancy Type in Cimarron County, OK Over the Last 5 Years in Cimarron County
Cimarron County, Oklahoma, has seen variability in mortgage counts over the past five years, particularly in the context of occupancy types. Principal residences largely dominate mortgage activity, peaking in 2021 with 38 mortgages. Conversely, investment property mortgages have remained relatively low, with minor variations such as reaching only 2 in 2021 and a single instance in 2022. These shifts might indicate preferences in stable, long-term residency over investment opportunities, potentially affecting market dynamics for investors and developers. Additionally, fluctuations in mortgage counts could impact appraisal values and insurance assessments, guiding strategies for real estate agents and insurance agents alike. Understanding these nuances is vital for making informed decisions in property investment, development, and market evaluations.
Economic Outlook
Cimarron County, Oklahoma has witnessed notable shifts in average taxable income, hitting a low of $35,462.50 in 2016 before climbing to $47,278.85 by 2021, suggesting potential economic improvements. Fluctuations in state and local taxes, with peaks in 2015 at $5,833.33 and 2020 at $9,800.00, offer insights into periods of growth or policy changes affecting disposable income. The average total tax liability also shows considerable variation, spiking in 2013 and 2020 and dipping in 2016,... Read more
Average Taxable Income per Tax Return in Cimarron County, OK over the last 9 years
Cimarron County, Oklahoma has seen fluctuations in average taxable income per tax return over the past nine years. After a dip in 2016 to $35,462.50, the region experienced a steady increase, reaching a high of $47,278.85 in 2021. This upward trend could signal improving economic conditions, making it an attractive point of consideration for investors, property developers, and real estate agents. For appraisers and insurance agents, understanding these shifts in income levels is crucial for accurate valuations and risk assessments.
Average State and Local Income Taxes Per Tax Return in Cimarron County, OK Over the Last 9 Years
Cimarron County, Oklahoma has seen fluctuating average state and local income taxes per tax return over the past nine years, with notable peaks in 2015 at $5,833.33 and 2020 at $9,800.00. While these increases suggest potential periods of economic growth or policy changes that could impact disposable income, there were also low points like 2014 at $4,525.00 which may indicate economic downturns or other financial challenges. The variability can provide valuable insights for investors, real estate agents, and residents looking to understand the economic landscape and plan for future fiscal scenarios.
Average Total Tax Liability Per Tax Return in Cimarron County, OK Over the Last 10 Years
Over the last decade, Cimarron County, Oklahoma has seen some fluctuations in its average total tax liability per tax return. The liability spiked notably in 2013 to $7,196.25 and again in 2020 at $7,656.16, while 2016 marked a significant dip to $5,522.78. These variations could reflect broader economic trends, changes in local income levels, or property value adjustments, all of which hold critical weight for potential investors, property developers, and real estate agents. This information is a useful indicator of economic health and tax burden trends for residents and prospective homeowners in the area.
Cost of Living in Cimarron County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,027 | $1,315 | $2,142 | $983 | $1,176 |
| 1 adult 4 children | $1,027 | $1,074 | $1,641 | $983 | $1,251 |
| 2 adults 3 children | $1,027 | $1,074 | $1,857 | $983 | $945 |
| 1 adult 3 children | $1,027 | $877 | $1,356 | $983 | $942 |
| 2 adults 2 children | $797 | $879 | $1,572 | $867 | $805 |
| 1 adult 2 children | $797 | $657 | $1,071 | $867 | $721 |
| 2 adults 1 child | $797 | $695 | $1,288 | $490 | $771 |
| 1 adult 1 child | $797 | $449 | $786 | $490 | $629 |
| 2 adults | $620 | $558 | $1,003 | $0 | $647 |
| 1 adult | $619 | $305 | $501 | $0 | $570 |
Safety trends & Data
Property crime rates in Cimarron County, Oklahoma, have seen noticeable variation from 2019 to 2022. In 2019, higher instances of burglary (5) and vandalism (3) were reported, but by 2020, both dropped significantly to just 1 each. 2021 showed a slight uptick in motor vehicle theft (2) but a decrease in larceny-theft (1). In 2022, property crimes remained low, hinting at potential improvements in local security or crime prevention. This could suggest a relatively stable and possibly safer... Read more
Property Crime Trends in Cimarron County, OK Over the Last 4 Years
Cimarron County, Oklahoma has experienced fluctuating property crime rates over the past four years. In 2019, the county saw notably higher instances of burglary (5) and vandalism (3) compared to subsequent years. By 2020, these numbers dropped significantly, with only 1 burglary and 1 vandalism reported. The trends show a mixed pattern in 2021 with a small increase in motor vehicle theft (2) and a decrease in larceny-theft (1). In 2022, property crimes remained relatively low across the board, suggesting a potential improvement in local security or crime prevention measures. For those considering investing, moving, or engaging in property-related activities in Cimarron County, these trends might indicate a relatively stable and possibly safer environment over recent years.
Demographics
Cimarron County, Oklahoma has a relatively balanced gender distribution with slightly more males than females. There's a diversified educational attainment, predominantly with high school graduates and a significant portion holding bachelor's degrees. Age-wise, the population skews older, with notable clusters in the 45-64 and 65-74 age ranges. Racially, the county is overwhelmingly White, with very minimal representation from other racial groups. This demographic spread reveals a predominantly... Read more
Race Distribution in Cimarron County, Oklahoma (2022)
Educational Attainment in Cimarron County, Oklahoma (2022)
Age Distribution in Cimarron County, Oklahoma
Citizen Population in Cimarron County, Oklahoma (2022)
Political Trends & Data
Cimarron County, Oklahoma, potentially saw over 92% of its 2020 U.S. Presidential Election votes go to the Republican party, while Democrats managed just over 6%. Libertarians and other third parties barely made a mark, indicating a consistently strong Republican leaning that could influence local economic policies and potentially the real estate market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Cimarron County in Oklahoma displayed a strong preference for the Republican party in the 2020 U.S. Presidential Election, with over 92% of the votes potentially going to the GOP. Democrats seemed to struggle, garnering just over 6% of the vote. Third-party candidates appeared to have minimal impact, as Libertarians collected under 1% and other parties barely registered. This trend might indicate a deeply entrenched political leaning in the county.
92.03% of voters voted for the Republican party in the 2020 Presidential Election
6.64% of voters voted for the Democrat party in the 2020 Presidential Election
0.95% of voters voted for the Livertarian party in the 2020 Presidential Election
0.38% of voters voted for the Other party in the 2020 Presidential Election
School Data
Cimarron County, Oklahoma has had an erratic student-to-teacher ratio over the past decade, hitting a peak in 2020 with nearly 17 students per teacher, surpassing the national average of 14. This fluctuation might indicate shifts in school funding, enrollment, or staffing, impacting property values and community appeal. Lower ratios seen before 2020 and following adjustments suggest better educational outcomes and personalized attention, making this data valuable for real estate investors,... Read more
Student-to-teacher ratio in Cimarron County, Oklahoma over the last 10 years
Over the last decade, Cimarron County, Oklahoma has seen fluctuating student-to-teacher ratios, with a significant spike in 2020 reaching nearly 17 students per teacher, well above the national average of 14. This variation is impactful for potential investors, real estate agents, and residents as it may reflect underlying changes in school funding, enrollment numbers, or staffing challenges. Lower ratios, like those seen prior to 2020 and post-spike adjustments, suggest more personalized attention and potentially better educational outcomes, which can influence property values and community attractiveness. Understanding these dynamics could be crucial for making informed decisions about educational quality, real estate investments, or community development.
