Harper County Real Estate and Livability Trends
Harper County, Oklahoma's real estate market shows a promising upward trend with median home values rising from $74,100 in 2015 to $96,700 in 2022, indicating potential growth for investors. A notable increase in energy tax credits and fluctuating real estate taxes, peaking at $1,366.67 in 2021, suggests changing property valuations impacting affordability. Mortgage trends reveal a shift with a... Read more
Harper County Market Trends
In Harper County, Oklahoma, median home values experienced a steady increase from $74,100 in 2015 to $96,700 in 2022, trailing behind state averages yet suggesting growth potential for investors. Energy tax credits per return dropped from $250.00 to $200.00 between 2013 and 2015, hinting at changes in energy-efficient investments or tax policies. Real estate taxes fluctuated, peaking at $1,366.67... Read more
Median Value of Occupied Housing Units in Harper County, Oklahoma Over the Last 8 Years
Over the past eight years, median home values in Harper County, Oklahoma have shown a steady upward trend from $74,100 in 2015 to $96,700 in 2022. Although these values remain lower than the state average, which rose from $117,900 to $170,500 in the same period, the local market is gradually catching up. Compared to the national figures starting at $125,500 in 2015 and reaching $179,400 by 2022, Harper County homes represent a more affordable option for investors or new homeowners seeking lower entry costs while still benefiting from appreciating property values. Such trends indicate ongoing growth potential and suggest that Harper County may offer attractive opportunities for those looking to invest in or relocate to this area of Oklahoma.
Residential Energy Tax Credit Per Tax Return in Harper County, OK Over the Last 2 Years
Over the last two years, Harper County, Oklahoma, has seen a slight decline in the average residential energy tax credit per tax return, from $250.00 in 2013 to $200.00 in 2015. This could suggest a reduction in the adoption or efficacy of energy-efficient home improvements or a change in tax policies. This shift might be noteworthy for investors, appraisers, and insurance agents as it potentially impacts property values and operational costs. It also provides insights for real estate agents and individuals considering energy-efficient investments in new or existing properties.
Average Real Estate Taxes Per Tax Return in Harper County, OK Over the Last 10 Years
Harper County, Oklahoma has witnessed fluctuating real estate taxes over the last decade, with notable peaks in 2013 ($845.00), 2016 ($888.24), and especially in 2019 ($1,133.33) and 2021 ($1,366.67). These increases suggest a growing valuation of property in the area which could impact investment returns and property affordability. Predicting future tax trends might be challenging, but the significant rise in recent years hints at possible continued growth, making it crucial for investors, property developers, and real estate agents to monitor these changes closely.
Percentage of Farm Returns in Harper County, OK Over the Last 10 Years
Harper County, Oklahoma has shown slight fluctuations in farm tax returns over the last decade, with percentages oscillating between 21.05% in 2013 to 25.50% in 2019. This data reflects the proportion of total tax returns categorized as farm-related, offering insight into the region's agricultural economic activity. For investors, developers, or those contemplating relocation, understanding these trends can highlight the agricultural viability and potential investment opportunities in the county.
Number of Mortgages by Occupancy Type in Harper County, OK Over the Last 5 Years in Harper County
Harper County, Oklahoma has seen varied trends in mortgage counts across different occupancy types over the last five years. Principal residence mortgages dominate, peaking at 56 in 2018 and showing a general decline to 35 in 2022. Investment property loans remained low but slightly increased, with 2 loans in 2022 compared to 1 in previous years. Changes in occupancy type can reflect broader economic conditions, influencing investment strategies, housing market stability, risk assessment for insurance agents, and community development planning. These trends might indicate shifting priorities or economic factors affecting residential investment and homeownership patterns in the area.
Economic Outlook
Harper County, Oklahoma's average taxable income has seen notable highs and lows over the past nine years, peaking at $55,742.94 in 2014 before dropping to $43,874.83 in 2017 and rebounding to $57,157.82 by 2021. State and local income taxes also fluctuated, reaching $8,500.00 in 2021 after a sharp rise from $4,676.19 in 2014. Notably, the average total tax liability per tax return ranged from $7,761.72 in 2014 to $6,084.16 in 2019, with a slight increase to $7,074.14 in 2021. These dynamics... Read more
Average Taxable Income per Tax Return in Harper County, OK over the last 9 years
Harper County, Oklahoma has experienced fluctuations in average taxable income per tax return over the past nine years, with notable highs and lows. After peaking at $55,742.94 in 2014, income saw a decline until it hit a low of $43,874.83 in 2017. There's been a recovery trend with income rising back up to $57,157.82 by 2021. These dynamics might suggest economic volatility but also indicate potential growth and resilience, which could be key considerations for investors, real estate agents, and others evaluating the financial landscape of the area.
Average State and Local Income Taxes Per Tax Return in Harper County, OK Over the Last 10 Years
Over the past decade, Harper County, Oklahoma has seen significant fluctuations in the average state and local income taxes per tax return. After a spike in 2013 to $5,626.32, there was a noticeable drop in 2014 to $4,676.19. Notably, by 2020 this figure rose sharply to $6,133.33, peaking at $8,500.00 in 2021. These variances could be a critical consideration for potential investors and those looking to move, as they may impact the cost of living and economic stability in the area.
Average Total Tax Liability Per Tax Return in Harper County, OK Over the Last 10 Years
Harper County, Oklahoma has seen fluctuations in average total tax liability per tax return over the past decade, ranging from a high of $7,761.72 in 2014 to a low of $6,084.16 in 2019. A noticable trend is the overall decrease in tax liability from 2012 to 2019, with a modest uptick in recent years, reaching $7,074.14 in 2021. These shifts may suggest variable economic conditions or changes in local tax policies, which could impact decisions for potential investors, homeowners, and professionals in real estate and insurance.
Cost of Living in Harper County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,128 | $1,448 | $2,142 | $1,189 | $1,431 |
| 1 adult 4 children | $1,128 | $1,182 | $1,641 | $1,189 | $1,534 |
| 2 adults 3 children | $1,128 | $1,183 | $1,857 | $1,189 | $1,176 |
| 1 adult 3 children | $1,128 | $966 | $1,356 | $1,189 | $1,254 |
| 2 adults 2 children | $797 | $968 | $1,572 | $1,049 | $948 |
| 1 adult 2 children | $797 | $723 | $1,071 | $1,049 | $901 |
| 2 adults 1 child | $797 | $765 | $1,288 | $594 | $882 |
| 1 adult 1 child | $797 | $494 | $786 | $594 | $711 |
| 2 adults | $620 | $615 | $1,003 | $0 | $702 |
| 1 adult | $619 | $335 | $501 | $0 | $604 |
Demographics
Harper County, Oklahoma, sees a nearly balanced gender distribution among its adults, with males slightly outnumbering females. The educational landscape suggests a community where high school education is prevalent, though many have some college experience without a degree. The age demographic indicates a spread across various age groups, with a significant portion aged between 35 to 64 years. Racially, the population is overwhelmingly White, with a notable presence of individuals identifying... Read more
Race Distribution in Harper County, Oklahoma (2022)
Educational Attainment in Harper County, Oklahoma (2022)
Age Distribution in Harper County, Oklahoma
Citizen Population in Harper County, Oklahoma (2022)
Political Trends & Data
Harper County, Oklahoma, exhibited a strong conservative inclination during the 2020 U.S. Presidential Election, with nearly 89% of votes going to the Republican party. The Democratic party received just over 9%, and the Libertarian party captured a little more than 1%, indicating a deeply entrenched political identity. This prevailing political climate could influence local policy decisions and community initiatives, potentially affecting real estate market trends and overall investment... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Harper County, Oklahoma, the 2020 U.S. Presidential Election saw an overwhelming preference for the Republican party, which garnered nearly 89% of the vote. The Democratic party lagged significantly, attracting just over 9%, while the Libertarian party managed a little more than 1%. Other parties, including the Green party, had negligible support, suggesting a strong conservative inclination among the voters in this county. This trend may point to a deeply entrenched political identity.
89.24% of voters voted for the Republican party in the 2020 Presidential Election
9.15% of voters voted for the Democrat party in the 2020 Presidential Election
1.21% of voters voted for the Livertarian party in the 2020 Presidential Election
0.40% of voters voted for the Other party in the 2020 Presidential Election
School Data
Harper County, Oklahoma, boasts a student-to-teacher ratio consistently around 12 to 13 students per teacher, below the national average of 14. This smaller class size might signal stronger personalized instruction and could attract families prioritizing education, potentially affecting property values positively. This educational advantage might be useful information for real estate agents and policymakers aiming to highlight community... Read more
Student-to-teacher ratio in Harper County, Oklahoma over the last 10 years
Harper County, Oklahoma has maintained a student-to-teacher ratio that hovers at or below the national average over the last decade, suggesting potential benefits for personalized instruction. As values consistently range from about 12 to 13 students per teacher, this might indicate smaller class sizes which can be attractive for families prioritizing quality education. A lower ratio compared to the US national average of 14 students per teacher could be a point of interest for educators, real estate agents, and policymakers, as it may reflect on the overall educational infrastructure and potentially influence property values and community satisfaction.
