Custer County Real Estate and Livability Trends
Custer County, Oklahoma's median home values have grown from $119,000 in 2015 to $168,700 in 2022, though still below the national median—highlighting affordable real estate opportunities amid fluctuating tax liabilities and an increase in property values. Residential energy tax credits peaked between 2018 and 2020, suggesting periods of significant investment in energy-efficient upgrades,... Read more
Custer County Market Trends
Custer County, Oklahoma has seen median home values rise from $119,000 in 2015 to $168,700 in 2022. Although this growth trails the national median, it still offers more affordable opportunities compared to the broader state trend. Residential energy tax credits peaked notably between 2018 and 2020, indicating bursts of investment in energy-efficient upgrades influenced by policy or economic... Read more
Median Value of Occupied Housing Units in Custer County, Oklahoma Over the Last 8 Years
Custer County, Oklahoma has experienced a steady rise in median home values over the past eight years, from $119,000 in 2015 to $168,700 in 2022. This county's growth, while significant, still trails the national median, which escalated from $125,500 to $179,400 during the same period. Compared to Oklahoma's overall median values, which rose from $117,900 to $170,500, Custer County has mirrored the statewide trend but remains slightly below the state median. This data could be crucial for investors and prospective homeowners, suggesting potentially more affordable opportunities within the county, while still reflecting healthy appreciation.
Residential Energy Tax Credit Per Tax Return in Custer County, OK Over the Last 9 Years
Over the past nine years, Custer County, Oklahoma has seen significant fluctuations in the average residential energy tax credit per tax return. Notably, the credit peaked at $2,200.00 in 2018, followed closely by $2,075.00 in 2019 and $2,044.44 in 2020, suggesting increased investment in energy-efficient upgrades during these periods. These figures indicate a trend where residents intermittently prioritize energy efficiency, potentially pointing to changes in policy incentives or economic conditions affecting homeowners' ability to invest in such improvements. This trend is worth noting for anyone involved in real estate or home improvement sectors, as it underscores the variable but generally increasing interest in energy efficiency in the county.
Average Real Estate Taxes Per Tax Return in Custer County, OK Over the Last 10 Years
Real estate taxes per tax return in Custer County, Oklahoma have shown a notable upward trend over the past decade, with an increase from around $1,416.30 in 2012 to about $2,858.82 in 2021. The consistent rise, particularly the sharper increases observed post-2017, could suggest growing property values or changing tax rates. This trend might be of interest to investors, real estate agents, and those considering moving to or developing property in the area, as higher taxes often correlate with increased property desirability and improved local amenities.
Percentage of Farm Returns in Custer County, OK Over the Last 10 Years
Farm tax returns, representing a segment of agricultural activity in Custer County, Oklahoma, have shown a slight but noticeable upward trend over the last decade. Starting at roughly 8.62% in 2012, they nudged up to about 8.58% in 2013, and continued a gradual rise peaking at around 9.30% in 2017. Although there were minor dips—coming in at approximately 8.96% and 8.97% in 2019 and 2021 respectively—the overall pattern remains positive. This incremental increase suggests a steady state of agricultural activity and potential growth opportunities for investors considering the agricultural sector, those looking to move and establish farming operations, or anyone interested in the real estate and economic trends within the county.
Number of Mortgages by Occupancy Type in Custer County, OK Over the Last 5 Years in Custer County
Custer County, Oklahoma has seen a steady preference for principal residences over the past five years, with mortgage counts for primary residences consistently dominating. Investment property mortgages have shown a slight decrease, suggesting a potential shift in investment strategy or market appeal. Second residences remain minimal, indicating limited interest in vacation or secondary homes. These trends are crucial for investors and real estate agents to gauge market health, while appraisers and insurance agents can better anticipate property value shifts and risk assessments. For those looking to move or build, understanding these patterns can inform decisions on property type and location.
Economic Outlook
Custer County, Oklahoma has seen average taxable incomes fluctuate over the past nine years from $52,444.05 in 2016 to $61,917.51 in 2014. State and local income taxes also show variability, starting around $6,281.97 in 2012, dipping to $5,169.27 by 2016, and peaking at $8,129.82 in 2021. Total tax liability per tax return similarly varies, with highs like $11,056.38 in 2014 contrasting with dips such as $8,368.34 in 2020. These economic shifts and fluctuating tax liabilities suggest an... Read more
Average Taxable Income per Tax Return in Custer County, OK over the last 9 years
Custer County, Oklahoma has seen fluctuating average taxable incomes over the past nine years, ranging from a low of $52,444.05 in 2016 to a high of $61,917.51 in 2014. Despite noticeable dips in some years, such as 2015 and 2020, the overall trend seems moderately positive, with recent figures around the $60,000 mark. For those interested in the local economy, this variability might indicate a somewhat unstable economic environment but also potential for growth, making it an area worth monitoring for investment opportunities.
Average State and Local Income Taxes Per Tax Return in Custer County, OK Over the Last 10 Years
Over the past decade in Custer County, Oklahoma, average state and local income taxes per tax return have experienced noticeable fluctuations. Starting at approximately $6,281.97 in 2012, there's been a pronounced dip to $5,169.27 by 2016, followed by a sharp spike in the following years, notably peaking at $8,129.82 in 2021. This variability, especially the significant jumps in tax values around 2018 and 2019, might suggest economic or legislative changes affecting local taxpayers. Potential investors, property developers, and residents should consider these trends as they hint at underlying economic shifts in the county.
Average Total Tax Liability Per Tax Return in Custer County, OK Over the Last 10 Years
The average total tax liability per tax return in Custer County, Oklahoma has demonstrated significant fluctuation over the past decade. Peaks were observed in 2012 at $10,796.19 and again in 2014 at $11,056.38, while notable dips occurred in 2015 at $8,884.95 and 2020 at $8,368.34. These variations may suggest economic shifts or changes in tax policies affecting residents’ tax obligations. For investors, real estate agents, and those looking to relocate, these trends could reflect broader economic stability and potential tax burdens within the county.
Cost of Living in Custer County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,171 | $1,448 | $2,142 | $1,235 | $1,310 |
| 1 adult 4 children | $1,171 | $1,182 | $1,641 | $1,235 | $1,390 |
| 2 adults 3 children | $1,171 | $1,183 | $1,857 | $1,235 | $1,066 |
| 1 adult 3 children | $1,171 | $966 | $1,356 | $1,235 | $1,102 |
| 2 adults 2 children | $824 | $968 | $1,572 | $1,089 | $864 |
| 1 adult 2 children | $824 | $723 | $1,071 | $1,089 | $766 |
| 2 adults 1 child | $824 | $765 | $1,288 | $616 | $786 |
| 1 adult 1 child | $824 | $494 | $786 | $616 | $638 |
| 2 adults | $638 | $615 | $1,003 | $0 | $629 |
| 1 adult | $634 | $335 | $501 | $0 | $550 |
Safety trends & Data
Custer County, Oklahoma has seen varied property crime trends over the past five years. Larceny-theft peaked at 50 incidents in 2018 but declined to 31 by 2022. Burglary cases have generally decreased, moving from 22 in 2018 to 16 in 2022. Motor vehicle theft spiked to 14 incidents in 2019 but dropped to 11 in 2022. Arson and embezzlement have remained minimal, rarely surpassing one or two incidents annually. Understanding these crime trends offers insights into safety dynamics, which could be... Read more
Property Crime Trends in Custer County, OK Over the Last 5 Years
Custer County, Oklahoma has experienced varied trends in property crime over the past five years, with notable fluctuations in certain categories. Larceny-theft remains a recurring issue, peaking at 50 incidents in 2018 and then experiencing a decline with 2022 reporting 31 incidents. Burglary cases have shown a general downward trend from 22 in 2018 to 16 in 2022. Interestingly, motor vehicle theft saw a significant spike in 2019 with 14 incidents but tapered down to 11 by 2022. Arson and embezzlement have remained relatively minimal, each rarely exceeding one or two incidents per year. This nuanced crime data is crucial for investors, real estate professionals, and residents considering the safety dynamics and potential risks associated with the area.
Demographics
Custer County, Oklahoma showcases a nearly equal distribution between male and female residents, with a slight edge towards females. Educationally, high school graduates and those with some college make up a substantial portion of the adult population, while bachelor's degree holders are not far behind. The age distribution indicates a youthful tilt, with significant numbers in the under 10 and 20 to 24 age brackets. Racial demographics reflect a predominantly White population, with smaller... Read more
Race Distribution in Custer County, Oklahoma (2022)
Educational Attainment in Custer County, Oklahoma (2022)
Age Distribution in Custer County, Oklahoma
Citizen Population in Custer County, Oklahoma (2022)
Political Trends & Data
In Custer County, Oklahoma, the real estate market could be subtly influenced by its predominantly Republican political landscape, as seen in the 2020 U.S. Presidential Election. With approximately 75% of the vote leaning Republican, economic and housing policies favoring conservative values may find more local support, potentially affecting property laws, tax regulations, and development projects. This Republican stronghold may indicate a stable and consistent policy environment, which could... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Custer County, Oklahoma, the 2020 U.S. Presidential Election saw a strong leaning toward the Republican party, which possibly secured roughly 75% of the vote. The Democratic party may have garnered about 22%, while the Libertarian party attracted around 2%. Other parties collectively received a minimal share, suggesting a predominantly bipartisan political landscape with a Republican dominance.
75.39% of voters voted for the Republican party in the 2020 Presidential Election
22.16% of voters voted for the Democrat party in the 2020 Presidential Election
1.84% of voters voted for the Livertarian party in the 2020 Presidential Election
0.61% of voters voted for the Other party in the 2020 Presidential Election
School Data
Custer County, Oklahoma has seen its student-to-teacher ratio dip gradually over the past decade, settling at 14 students per teacher in 2021. This aligns more closely with the national average and signals potential enhancements in educational quality. For families considering relocation, this could be a key factor, possibly driving up property values and altering the landscape for appraisors, insurance agents, and real estate professionals. An improved student-to-teacher ratio might also... Read more
Student-to-teacher ratio in Custer County, Oklahoma over the last 10 years
Over the past decade, Custer County, Oklahoma has experienced a relatively stable student-to-teacher ratio, fluctuating slightly around 15 students per teacher but showing a more noticeable decline in recent years, reaching its lowest at 14 students per teacher in 2021. This trend, now averaging close to the national figure of 14 students per teacher, could indicate improved educational quality, opening potential interest for families considering relocation or real estate investments. Lower ratios often imply more personalized attention for students, which might attract parents and boost property values, affecting appraisors and insurance agents as well. Real estate agents and developers might also see this as a marker of a district's commitment to education, enhancing the area's appeal yet requiring nuanced insights for advising clients accordingly.
