Delaware County Real Estate and Livability Trends
Delaware County, Oklahoma's upward trajectory in average taxable income from $41,724.03 in 2013 to $58,383.50 in 2021 is attracting attention from investors and developers. The median home values have risen from $109,000 in 2015 to $152,500 in 2022, alongside a significant increase in real estate taxes, hinting at an expanding market. The county’s political leanings, with approximately 79%... Read more
Delaware County Market Trends
In Delaware County, Oklahoma, median home values have increased from $109,000 in 2015 to $152,500 in 2022—a growth trend that remains relatively modest compared to state and national averages. The area’s real estate taxes have also doubled over the last decade, reflecting rising property values and potential investments in infrastructure. Notably, there has been a significant uptick in... Read more
Median Value of Occupied Housing Units in Delaware County, Oklahoma Over the Last 8 Years
In Delaware County, Oklahoma, median home values have experienced a steady increase over the last eight years, from $109,000 in 2015 to $152,500 in 2022. While this upward trend is similar to the broader state of Oklahoma, where values rose from $117,900 to $170,500, Delaware County's growth appears more modest. Nationally, the median value surged from $125,500 to $179,400 over the same period, indicating that Delaware County may present more affordable investment opportunities compared to broader trends. This nuanced growth could potentially attract buyers and investors looking for lower entry costs while still benefiting from appreciations in property value.
Residential Energy Tax Credit Per Tax Return in Delaware County, OK Over the Last 8 Years
Over the last eight years, Delaware County, Oklahoma, has seen significant fluctuations in the average residential energy tax credit per tax return. Early years like 2013, 2014, and 2015 stayed around $352.63 to $405.00, but there's been a notable rising trend post-2017. The most dramatic increases occurred toward the end of the decade, with 2019 seeing $777.78, and a peak in 2020 at $1900.00. Although it slightly decreased to $1418.75 in 2021, these numbers could be indicative of growing investments in energy-efficient home improvements in the area—an important consideration for investors and real estate stakeholders.
Average Real Estate Taxes Per Tax Return in Delaware County, OK Over the Last 10 Years
Over the past decade, Delaware County, Oklahoma has seen a steady increase in average real estate taxes per tax return, starting from $1,940.32 in 2012 and reaching $3,818.75 by 2021. Notably, there's a sharp rise beginning in 2018, peaking in 2020 at $3,975.36. This trend could be indicative of rising property values and increased investments in local infrastructure, which might interest potential investors, real estate agents, and builders considering the area. For insurance agents and appraisers, understanding this pattern can help in evaluating property risks and setting appropriate premiums.
Percentage of Farm Returns in Delaware County, OK Over the Last 10 Years
In Delaware County, Oklahoma, the percentage of farm tax returns has fluctuated slightly over the last decade, ranging from approximately 7.24% to 8.32%. These returns are tax filings specifically for farming operations, which can be a reliable indicator of agricultural activity and economic health in the region. For potential investors, those moving to the area, or anyone interested in property development, understanding these trends can provide insights into how stable or thriving the local agriculture sector might be. Notably, while there was a slight decline in recent years, the trend seems to have stabilized around 7.52% to 8.32%, suggesting a consistent agricultural presence.
Number of Mortgages by Occupancy Type in Delaware County, OK Over the Last 5 Years in Delaware County
Delaware County, Oklahoma has shown fluctuating trends in mortgage types over the past five years. Principal residences consistently make up the bulk of mortgages, but noticeable spikes and drops in second residences and investment properties can offer insights. For investors, a rise in second homes in 2020 followed by a decline in subsequent years might indicate shifting interest or market saturation. Real estate agents and appraisers could leverage these data trends to better gauge the area's evolving housing demands and investment potentials. Insurance agents, meanwhile, might see these changes as indicative of varying risk profiles that could influence policy offerings and premiums.
Economic Outlook
Delaware County, Oklahoma has experienced an upward trajectory in average taxable income per tax return, climbing from $41,724.03 in 2013 to $58,383.50 in 2021. This uptick could be inviting to investors, property developers, and real estate agents. Accompanying this income growth, average state and local income taxes per tax return also increased from around $4,674.65 in 2012 to about $8,561.19 in 2021, potentially indicating economic prosperity or altered tax policies. Meanwhile, the average... Read more
Average Taxable Income per Tax Return in Delaware County, OK over the last 9 years
Delaware County, Oklahoma has seen a general upward trend in average taxable income per tax return over the past nine years, with notable increases from $41,724.03 in 2013 to $58,383.50 in 2021. This growth pattern suggests a potentially improving economic landscape which might appeal to investors, property developers, and real estate agents. Despite a slight dip in 2020, the sharp rise in 2021 signals resilience and recovery which could be of interest to those evaluating the region's fiscal health and long-term viability.
Average State and Local Income Taxes Per Tax Return in Delaware County, OK Over the Last 10 Years
Over the last decade, Delaware County, Oklahoma has seen a noticeable increase in average state and local income taxes per tax return, climbing from approximately $4,674.65 in 2012 to around $8,561.19 in 2021. This trend could be significant for potential investors, property builders, and those looking to move to the area, as it may reflect economic growth or changes in tax policies. Real estate agents and appraisers could find this data useful when evaluating property values and advising clients. It's worth noting for insurance agents as it may influence the economic profile of the residents and their financial resilience.
Average Total Tax Liability Per Tax Return in Delaware County, OK Over the Last 10 Years
Over the past decade, Delaware County, Oklahoma has seen a notable upward trend in the average total tax liability per tax return. Starting at $5,894.26 in 2012, the tax liability rose to $9,067.05 in 2021, reflecting a significant increase that could be indicative of economic growth or changes in tax policy. Noteworthy spikes occurred in 2014 and 2019, with the latter year witnessing an increase to $7,816.80, possibly hinting at substantial economic activity or reassessments. Such trends might be valuable for potential investors, real estate agents, and appraisers seeking a comprehensive understanding of the region's financial landscape.
Cost of Living in Delaware County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,014 | $1,440 | $2,142 | $1,070 | $1,212 |
| 1 adult 4 children | $1,014 | $1,176 | $1,641 | $1,070 | $1,275 |
| 2 adults 3 children | $1,014 | $1,176 | $1,857 | $1,070 | $969 |
| 1 adult 3 children | $1,014 | $960 | $1,356 | $1,070 | $959 |
| 2 adults 2 children | $833 | $963 | $1,572 | $944 | $834 |
| 1 adult 2 children | $833 | $719 | $1,071 | $944 | $746 |
| 2 adults 1 child | $833 | $761 | $1,288 | $533 | $785 |
| 1 adult 1 child | $833 | $492 | $786 | $533 | $634 |
| 2 adults | $633 | $611 | $1,003 | $0 | $640 |
| 1 adult | $629 | $333 | $501 | $0 | $555 |
Safety trends & Data
Delaware County, Oklahoma has seen fluctuating property crime trends over the last five years. Larceny-theft remains the most prevalent crime, peaking at 42 instances in 2018 but declining to 22 by 2022. Burglary hit a low of 4 in 2019, rebounding to 14 by 2022. Motor vehicle thefts are relatively stable with minor variations each year. Sporadic occurrences of arson and vandalism suggest targeted issues rather than widespread problems. These trends could influence insurance premiums and the... Read more
Property Crime Trends in Delaware County, OK Over the Last 5 Years
Delaware County, Oklahoma, has shown fluctuating property crime trends over the last five years. While larceny-theft consistently remains the most prevalent crime, peaking at 42 instances in 2018, there’s been a noticeable decline to 22 by 2022. Burglary patterns shifted with a low of 4 in 2019, but rebounded to 14 by 2022. Motor vehicle thefts appear relatively stable but show slight variations each year. Other crimes like arson and vandalism have sporadic occurrences, indicating targeted rather than widespread issues. Investors and property owners should be aware of these trends, as they could impact insurance premiums and the desirability of specific neighborhoods for potential development. Real estate agents and appraisers may find these trends helpful when assessing property values and market attractiveness.
Demographics
Delaware County, Oklahoma shows a balanced adult population with a slight female majority. Educational attainment varies, with a notable concentration at the high school graduate level. Age distribution skews older, with a significant proportion aged 55 and above. The racial composition is predominantly White, with a substantial American Indian and Alaska Native presence suggesting a rich cultural history. These demographics hint at distinct social dynamics that may influence local policies and... Read more
Race Distribution in Delaware County, Oklahoma (2022)
Educational Attainment in Delaware County, Oklahoma (2022)
Age Distribution in Delaware County, Oklahoma
Citizen Population in Delaware County, Oklahoma (2022)
Political Trends & Data
In Delaware County, Oklahoma, the real estate market trends could be influenced by the area's firm lean towards the Republican party in the 2020 U.S. Presidential Election, with around 79% of the votes potentially favoring the GOP. This significant political leaning might impact local policies and development projects, which in turn can shape property values and investment opportunities. Understanding such political dynamics can be crucial for buyers, sellers, and investors looking to navigate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Delaware County, Oklahoma showed a significant lean towards the Republican party in the 2020 U.S. Presidential Election, with close to 79% of the votes possibly going their way. The Democratic party might have secured just over 20% of the vote, while the Libertarian party had a minimal presence with under 1%. No votes were recorded for the Green party, and other parties collectively garnered less than 1%.
78.61% of voters voted for the Republican party in the 2020 Presidential Election
20.13% of voters voted for the Democrat party in the 2020 Presidential Election
0.79% of voters voted for the Livertarian party in the 2020 Presidential Election
0.46% of voters voted for the Other party in the 2020 Presidential Election
School Data
Delaware County, Oklahoma has seen its student-to-teacher ratio mostly around the national average of 14 over the last decade. However, there were significant increases in 2017, 2022, and a spike in 2023, reaching almost 17 students per teacher. These shifts might hint at how educational resources are allocated, influencing the perceived quality of education. Real estate stakeholders could look at these trends to gauge the stability and appeal of educational facilities, as the quality of... Read more
Student-to-teacher ratio in Delaware County, Oklahoma over the last 10 years
Over the last decade, Delaware County, Oklahoma has experienced fluctuations in the student-to-teacher ratio. The ratio mostly hovered around the national average of 14, with notable increases in 2017, 2022, and a significant spike in 2023 reaching almost 17 students per teacher. Shifts in student-to-teacher ratios can give insight into how educational resources are allocated. Higher ratios may suggest increased strain on educators, potentially impacting the quality of education, while lower ratios might indicate a more personalized learning environment. For investors, appraisers, and real estate agents, understanding these trends could be essential in assessing the stability and attractiveness of educational facilities within the area, as quality of education is often a crucial factor for families when choosing where to live.
