Cleveland County Real Estate and Livability Trends
Cleveland County, Oklahoma has witnessed intriguing real estate trends in recent years. Average taxable income peaked in 2021 at $75,207.68, hinting at a potentially appealing market for investors and homebuyers. The median home value soared to $203,900 in 2022, outpacing state and national medians, suggesting a thriving property market. Coupled with a rise in real estate taxes and fluctuating... Read more
Cleveland County Market Trends
The median home value in Cleveland County, Oklahoma, has steadily increased over the past eight years, reaching $203,900 in 2022, which outpaces both the state and national medians. Real estate tax trends also show a notable rise, climbing from $2,467.02 in 2012 to $4,483.44 in 2021, hinting at an appreciating property market. Interestingly, the county has seen significant fluctuations in... Read more
Median Value of Occupied Housing Units in Cleveland County, Oklahoma Over the Last 8 Years
Over the past 8 years, the median home value in Cleveland County, Oklahoma, has seen a steady climb, reaching $203,900 in 2022. This outpaces both the state of Oklahoma's median of $170,500 and the national median of $179,400. Such growth suggests strong local demand and could imply a more robust market for those looking to invest or move into the area. This trend highlights Cleveland County as perhaps a more dynamic and potentially lucrative market compared to broader state and national figures.
Residential Energy Tax Credit Per Tax Return in Cleveland County, OK Over the Last 9 Years
The average residential energy tax credit per tax return in Cleveland County, Oklahoma has seen significant fluctuations over the past nine years, with a dramatic peak in 2018 at $2336.36. This could indicate a growing investment in energy-efficient home improvements. For those looking to invest or move to Cleveland County, such trends might suggest increased awareness and incentive opportunities for sustainable living. This is relevant for real estate agents, insurance agents, and appraisers as it implies potential valuation factors for properties focusing on energy efficiency.
Average Real Estate Taxes Per Tax Return in Cleveland County, OK Over the Last 10 Years
Cleveland County, Oklahoma has seen a notable rise in average real estate taxes per tax return over the last decade, growing from $2,467.02 in 2012 to $4,483.44 in 2021. This steady increase, with sharper upticks post-2017, suggests a changing economic landscape potentially driven by factors like property value appreciation and local government budgeting decisions. This trend could impact investment decisions, property valuations, and insurance assessments, indicating a potentially more lucrative but also more expensive housing market for future buyers and real estate agents.
Percentage of Farm Returns in Cleveland County, OK Over the Last 10 Years
Over the past decade, Cleveland County, Oklahoma has seen a gradual decline in the percentage of farm tax returns, from around 1.26% in 2012 to roughly 1.08% in 2021. Farm tax returns are filings that farmers make to report their agricultural income and claim potential deductions on federal and state taxes. This trend possibly indicates a slow decrease in agricultural activity or farm ownership, which could be a notable factor for investors or developers considering the area for agricultural-related ventures or new developments.
Number of Mortgages by Occupancy Type in Cleveland County, OK Over the Last 5 Years in Cleveland County
In Cleveland County, Oklahoma, mortgage data reveals fluctuating trends in different occupancy types over the past five years. Principal residences dominate the market, with noticeable peaks in 2020 and 2021, suggesting higher home-buying activity despite economic uncertainties. This variable trend can signal opportunities for real estate investors and developers as housing demand shifts towards primary living spaces. Investment properties show a steadier but increasing pattern, indicating gradual growth in investment interest, which may attract real estate agents, appraisers, and investors looking for stable returns. Second residences remain a smaller, more consistent segment, providing context for insurance agents and builders focusing on niche markets. Analyzing these trends helps stakeholders make informed decisions about the local real estate landscape, adjusting strategies based on occupancy type dynamics.
Economic Outlook
Over the past nine years, Cleveland County, Oklahoma has seen a steady increase in average taxable income, peaking at $75,207.68 in 2021, signaling a possibly appealing market for prospective homeowners and investors. Since 2018, average state and local income taxes have notably increased, reaching $8,821.02 in 2021, which might suggest economic growth or changing fiscal policies affecting tax burdens. The county has also experienced fluctuations in average tax liability, with 2021 hitting... Read more
Average Taxable Income per Tax Return in Cleveland County, OK over the last 9 years
Over the past nine years, Cleveland County, Oklahoma has seen a steady increase in average taxable income, peaking notably at $75,207.68 in 2021. This upward trend, particularly in recent years, could make the area appealing for prospective homeowners and investors. Real estate agents and appraisers in the county might find this information valuable when evaluating property values and market potential.
Average State and Local Income Taxes Per Tax Return in Cleveland County, OK Over the Last 10 Years
Over the past decade, Cleveland County, Oklahoma has experienced a noticeable increase in average state and local income taxes per tax return, particularly since 2018. In 2012, the average was around $5,420.14, gradually rising until a marked spike occurred in 2018, reaching $8,549.14. This increase continued, peaking at $8,821.02 in 2021. Such a trend might indicate economic growth or changing fiscal policies influencing tax burdens, important considerations for investors, real estate agents, and residents monitoring local tax implications.
Average Total Tax Liability Per Tax Return in Cleveland County, OK Over the Last 10 Years
Over the past decade, Cleveland County, Oklahoma has seen fluctuations in the average tax liability per tax return, with notable spikes in 2014 and 2021 reaching around $10,871.21 and $11,853.49 respectively. The lowest average was in 2020 at approximately $9,713.33, reflecting possible economic impacts. Investors, real estate agents, and insurance agents might find these trends of interest as they indicate variable financial pressures on residents, which can influence property market dynamics and insurance needs. Potential homeowners should consider these fluctuations when evaluating long-term affordability and tax planning.
Cost of Living in Cleveland County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,400 | $1,496 | $1,849 | $1,595 | $1,476 |
| 1 adult 4 children | $1,400 | $1,222 | $1,413 | $1,595 | $1,598 |
| 2 adults 3 children | $1,400 | $1,222 | $1,605 | $1,595 | $1,235 |
| 1 adult 3 children | $1,400 | $998 | $1,169 | $1,595 | $1,342 |
| 2 adults 2 children | $1,051 | $1,000 | $1,360 | $1,419 | $989 |
| 1 adult 2 children | $1,051 | $747 | $925 | $1,419 | $976 |
| 2 adults 1 child | $1,051 | $791 | $1,116 | $848 | $907 |
| 1 adult 1 child | $1,051 | $511 | $680 | $848 | $771 |
| 2 adults | $850 | $635 | $872 | $0 | $689 |
| 1 adult | $802 | $346 | $436 | $0 | $585 |
Safety trends & Data
Cleveland County, Oklahoma has had some ups and downs in property crime trends over the past five years. Larceny-theft, the most common crime, peaked in 2019 with 703 incidents but dropped to 445 by 2021 before rising again to 549 in 2022. Burglary incidents fluctuated, with a high of 87 in 2021, while vandalism saw an upward trajectory, particularly in 2021 with 174 cases. Motor vehicle theft spiked notably in 2020 with 108 incidents. These crime trends could influence insurance costs,... Read more
Property Crime Trends in Cleveland County, OK Over the Last 5 Years
Over the past five years, Cleveland County, Oklahoma has seen some fluctuations in property crime. Larceny-theft consistently tops the chart each year, peaking in 2019 with 703 incidents, but witnessed a decline by 2021 reaching 445 incidents before climbing to 549 in 2022. Burglary incidents remained relatively steady though varied slightly year to year, hitting a peak of 87 in 2021. Vandalism saw an upward trend, particularly noticeable in 2021 with 174 incidents, possibly hinting at increased property damage concerns. Motor vehicle theft also varied, with a noticeable spike in 2020 at 108 incidents. These trends could impact insurance premiums, property values, and investment risks, making it crucial for potential investors, property developers, and residents to understand the evolving crime dynamics.
Demographics
Cleveland County, Oklahoma seems to have a nearly even male-to-female ratio among its adult population, which might influence community dynamics and labor force distribution. Educational attainment is skewed towards high school graduates and those with some college education, suggesting a workforce mostly equipped with secondary or partial tertiary education which could impact local job markets and economic development. The age distribution indicates a diverse mix but with a significant... Read more
Race Distribution in Cleveland County, Oklahoma (2022)
Educational Attainment in Cleveland County, Oklahoma (2022)
Age Distribution in Cleveland County, Oklahoma
Citizen Population in Cleveland County, Oklahoma (2022)
Political Trends & Data
Cleveland County, Oklahoma, shows an interesting political landscape, with the 2020 U.S. Presidential Election results indicating a likely Republican preference at around 56.7% of votes. Democrats might hold a significant minority with about 41.6%, and Libertarians potentially only making up 1.9%. This blend suggests a predominantly Republican county that still retains substantial Democratic support, making it potentially more politically diverse than it might appear at first... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Cleveland County, Oklahoma, the 2020 U.S. Presidential Election results suggested a strong Republican preference, with the party possibly securing roughly 56.7% of the vote. Democrats might have garnered around 41.6%, indicating a significant yet lesser support base. Libertarians appeared to only influence a minor fraction, potentially achieving just about 1.9%, with other parties making up an even smaller slice. These trends could highlight Cleveland County’s leaning toward Republican candidates while still maintaining a noticeable Democratic presence.
55.67% of voters voted for the Republican party in the 2020 Presidential Election
41.60% of voters voted for the Democrat party in the 2020 Presidential Election
1.90% of voters voted for the Livertarian party in the 2020 Presidential Election
0.83% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Cleveland County, Oklahoma, the student-to-teacher ratio has seen some fluctuations over the past decade, peaking at 18 in 2017 before dropping to about 16 recently. This higher-than-average ratio may suggest resource constraints for individual student attention, potentially signaling classroom crowding issues. Investors, homebuyers, and real estate agents might consider these educational trends when assessing property values and neighborhood desirability, while appraisers and insurance... Read more
Student-to-teacher ratio in Cleveland County, Oklahoma over the last 10 years
Over the past decade in Cleveland County, Oklahoma, the student-to-teacher ratio has fluctuated, peaking at 18 in 2017 before dropping to roughly 16 in recent years. This ratio remains higher than the national average of 14 students per teacher, indicating potential resource constraints for individual student attention. Investors, homebuyers, and real estate agents might see these trends as indicative of classroom crowding, which can affect educational outcomes. Appraisers and insurance agents could use this information to assess property values and risk factors, as school quality often impacts neighborhood desirability.
