Jackson County Real Estate and Livability Trends
Jackson County, Oklahoma has seen average taxable income per tax return rise from $46,938.33 in 2013 to $57,697.18 by 2021, potentially signaling an improving local economy. Median home values climbed from $90,300 in 2015 to $115,200 in 2022, maintaining affordability. Property crime patterns reveal significant decline in larceny-theft and burglary, essential for evaluating property risk. Real... Read more
Jackson County Market Trends
Jackson County, Oklahoma's median home values have seen a modest climb from $90,300 in 2015 to $115,200 in 2022, suggesting affordability relative to state and national trends. The average residential energy tax credit has fluctuated, notably peaking at $950.00 in 2021, indicating possible growth in energy-efficient home improvements. Real estate taxes showed a significant upward trend, peaking... Read more
Median Value of Occupied Housing Units in Jackson County, Oklahoma Over the Last 8 Years
Over the past eight years, Jackson County, Oklahoma has seen a steady increase in median home values, starting at $90,300 in 2015 and rising to $115,200 by 2022. This local growth, although slower, aligns similarly with the broader state trend, where the median value increased from $117,900 to $170,500 in the same period. When compared nationally, Jackson County's growth is modest, against the U.S. median value snowballing from $125,500 in 2015 to $179,400 in 2022. This regional disparity highlights Jackson County as a potentially more affordable area for home buyers and investors, making it attractive for those seeking lower entry costs in the real estate market.
Residential Energy Tax Credit Per Tax Return in Jackson County, OK Over the Last 8 Years
Over the past eight years, the average residential energy tax credit per tax return in Jackson County, Oklahoma has shown cyclical patterns, with notable peaks in 2015 at $670.00 and most recently in 2021 at $950.00. This variability may suggest fluctuating investments in energy-efficient home improvements, potentially driven by changing local policies or economic conditions. For real estate agents, investors, or anyone considering property in Jackson County, this trend could indicate a growing focus on sustainable living and energy efficiency, which might factor into property values and marketability. It's worth noting for appraisers and insurance agents too, as energy-efficient upgrades can impact both home valuations and insurance premiums.
Average Real Estate Taxes Per Tax Return in Jackson County, OK Over the Last 10 Years
Real estate taxes in Jackson County, Oklahoma have shown significant fluctuation over the last decade. Starting from $1,424.84 in 2012, there has been a general upward trend peaking in 2019 at $2,774.19, which indicates a notable increase in local tax requirements. The significant jump in 2017 and 2018 suggests changes in property valuations or local tax policies that potential investors should be aware of. Although there has been a slight decline in 2021 down to $2,311.54, these figures can impact decisions related to property investment, appraisals, and insurance considerations.
Percentage of Farm Returns in Jackson County, OK Over the Last 10 Years
Over the past decade, farm tax returns in Jackson County, Oklahoma have hovered around the 6% mark. Notable fluctuations include a peak in 2017 at approximately 6.53% and a dip in 2020 at around 5.87%, suggesting some variability but relative stability overall. Farm tax returns represent the percentage of overall tax returns filed by individuals or entities earning primarily from agricultural activities. For investors, potential property buyers, and residents, this data may indicate the county's reliance on agriculture and could influence decisions related to farming investments or land use. The steady percentage hints at a consistent level of agricultural activity, financial stability within the farming community, and the local economy's dependence on this sector.
Number of Mortgages by Occupancy Type in Jackson County, OK Over the Last 5 Years in Jackson County
Over the past five years in Jackson County, Oklahoma, the number of mortgages for principal residences has consistently been the highest, peaking at 1,083 in 2021. Investment properties saw relatively stable numbers, with a notable increase to 100 mortgages in 2022. Second residences remained minimal, with slight fluctuations. Such shifts in occupancy type might imply changing market dynamics and demand, affecting property valuations and insurance assessments. Investors, homeowners, and real estate professionals should consider these trends for informed decision-making and identifying emerging opportunities.
Economic Outlook
Jackson County, Oklahoma has experienced notable growth in average taxable income per tax return, increasing from $46,938.33 in 2013 to $57,697.18 by 2021. This trend, particularly pronounced between 2018 and 2021, could hint at an improving local economy. Concurrently, a rise in average state and local income taxes, spiking from $5,137.76 in 2012 to $8,574.07 in 2021, may impact decisions regarding property investments and relocations. Additionally, fluctuations in total tax liability per tax... Read more
Average Taxable Income per Tax Return in Jackson County, OK over the last 9 years
Jackson County, Oklahoma has seen a general increase in the average taxable income per tax return over the past nine years. Starting at approximately $46,938.33 in 2013, it has grown to around $57,697.18 by 2021. This upward trend may indicate a gradually improving local economy and might be a point of interest for potential investors or those considering relocation. Notably, the most significant increases were observed between 2018 and 2021, suggesting a recent acceleration in income growth. For real estate agents and appraisers, this could signify an increased purchasing power in the community, potentially impacting property values and market dynamics.
Average State and Local Income Taxes Per Tax Return in Jackson County, OK Over the Last 10 Years
Over the past decade, the average state and local income taxes per tax return in Jackson County, Oklahoma have shown a marked increase. From $5,137.76 in 2012 to reaching a peak of $8,574.07 in 2021, this trend suggests a growing financial obligation on residents. Such changes could influence decisions made by potential investors or new residents considering the area, as they weigh the tax implications against benefits provided by local services and amenities. Real estate agents and appraisers might note these tax trends as potential factors affecting property values and market desirability.
Average Total Tax Liability Per Tax Return in Jackson County, OK Over the Last 10 Years
Jackson County, Oklahoma has seen varied fluctuations in average total tax liability per tax return over the past decade. With values oscillating between $6,469.92 in 2015 and peaking at $7,939.48 in 2021, there's an observable trend of relative growth in tax liability. This is likely indicative of economic changes impacting local households, offering valuable insights for potential investors, real estate agents, and financial professionals monitoring regional economic health and opportunities.
Cost of Living in Jackson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $997 | $1,399 | $2,142 | $1,158 | $1,171 |
| 1 adult 4 children | $997 | $1,143 | $1,641 | $1,158 | $1,208 |
| 2 adults 3 children | $997 | $1,143 | $1,857 | $1,158 | $937 |
| 1 adult 3 children | $997 | $933 | $1,356 | $1,158 | $924 |
| 2 adults 2 children | $800 | $936 | $1,572 | $1,021 | $806 |
| 1 adult 2 children | $800 | $699 | $1,071 | $1,021 | $714 |
| 2 adults 1 child | $800 | $740 | $1,288 | $577 | $755 |
| 1 adult 1 child | $800 | $478 | $786 | $577 | $609 |
| 2 adults | $628 | $594 | $1,003 | $0 | $615 |
| 1 adult | $621 | $324 | $501 | $0 | $538 |
Safety trends & Data
In Jackson County, Oklahoma, property crime trends over the last five years highlight some key insights. Larceny-Theft, the most common crime, peaked at 66.00 incidents in 2018 but has since declined significantly. Burglary has steadily decreased from 2018’s 15.00 incidents to a low of 8.00 in 2021, though it saw a minor rise in 2022. In contrast, Motor Vehicle Theft has experienced increases in both 2020 and 2022, hinting at potential vulnerabilities. Meanwhile, Vandalism and Fraud show... Read more
Property Crime Trends in Jackson County, OK Over the Last 5 Years
Over the last five years, Jackson County, Oklahoma has experienced varying trends in property crime. Larceny-Theft consistently leads as the most prevalent crime, peaking at 66.00 incidents in 2018 before dropping significantly. Burglary has seen a steady decline, from 15.00 in 2018 down to a low of 8.00 in 2021, then a slight uptick in 2022. Notably, Motor Vehicle Theft saw a rise in 2020 and 2022, reflecting potential vulnerabilities. Vandalism and Fraud remain relatively steady but vary year-to-year, suggesting sporadic enforcement or community issues. Understanding these patterns is crucial for investors, appraisers, insurance agents, and real estate professionals assessing risk and property value in the area.
Demographics
Jackson County, Oklahoma, displays a nearly balanced gender distribution in its adult population, suggesting minimal gender preference in demographic trends. The educational attainment data could signal a strong need for higher education outreach, given that a significant portion of the population has only a high school diploma or some college experience without a degree. Age distribution reveals a youthful skew, with a larger segment in the working-age bracket, which may influence housing and... Read more
Race Distribution in Jackson County, Oklahoma (2022)
Educational Attainment in Jackson County, Oklahoma (2022)
Age Distribution in Jackson County, Oklahoma
Citizen Population in Jackson County, Oklahoma (2022)
Political Trends & Data
Jackson County, Oklahoma, leans heavily Republican, as suggested by roughly 78% of votes in the 2020 U.S. Presidential Election edging towards the GOP. Democrats might have captured around 20%, and Libertarians seemed to have a minimal influence with about 1.7%. This political landscape hints at a strong conservative base, which could influence local real estate dynamics and investment... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jackson County, Oklahoma, exhibited a dominant Republican leaning in the 2020 U.S. Presidential Election, with close to 78% of the vote potentially going to the GOP. Democrats appeared to garner about 20%, while Libertarians possibly received a modest share of approximately 1.7%. Other parties and candidates contributed to a small remaining percentage, indicating a strong preference for traditional major parties within the county.
77.75% of voters voted for the Republican party in the 2020 Presidential Election
20.02% of voters voted for the Democrat party in the 2020 Presidential Election
1.67% of voters voted for the Livertarian party in the 2020 Presidential Election
0.56% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Jackson County, Oklahoma, the student-to-teacher ratio has been rising over the past decade, reaching a peak of 15 students per teacher in 2018 before settling at 14 in 2023. This ratio slightly exceeds the national average and could imply larger class sizes, impacting the quality of education and, consequently, property values. This trend may be valuable for real estate agents and investors when considering property developments and appraisals, as neighborhoods with better educational... Read more
Student-to-teacher ratio in Jackson County, Oklahoma over the last 10 years
Over the last decade, the student-to-teacher ratio in Jackson County, Oklahoma, has generally trended upward, peaking at 15 in 2018 before slightly decreasing in subsequent years to 14 in 2023. Although the current ratio is a bit above the national average of 14 students per teacher, it does provide insights for those considering educational investments or relocations. A higher student-to-teacher ratio could imply potentially larger class sizes, which might affect the quality of education and individualized attention students receive, impacting property values and neighborhood desirability for families with school-aged children. For real estate agents and investors, understanding these trends could be crucial in making informed decisions about property developments and appraisals.
