Jefferson County Real Estate and Livability Trends
Jefferson County, Oklahoma, has seen modest growth in median home values from $56,600 in 2015 to $72,200 in 2022, though this lags behind broader trends. Real estate taxes nearly doubled from $931.82 in 2012 to $1,933.33 in 2021, hinting at rising property valuations. The agricultural sector has shown stable growth with farm tax returns reaching around 18.75% by 2016. The higher prevalence of... Read more
Jefferson County Market Trends
Jefferson County, Oklahoma has seen its median home values grow modestly from $56,600 in 2015 to $72,200 in 2022, lagging behind national and state trends. Real estate taxes have shown a notable rise, with figures nearly doubling from $931.82 in 2012 to $1,933.33 in 2021, suggesting rising property valuations and potential investments in public services. The agricultural sector has maintained a... Read more
Median Value of Occupied Housing Units in Jefferson County, Oklahoma Over the Last 8 Years
Jefferson County, Oklahoma has seen its median home values grow from $56,600 in 2015 to $72,200 in 2022. This increase is modest in comparison to national trends, which saw values rise from $125,500 to $179,400 over the same period. It's also lower than the state-wide trend in Oklahoma, where median values climbed from $117,900 to $170,500. This could suggest that Jefferson County might offer more affordable housing opportunities relative to broader markets, which could be appealing for those looking to invest or move to the area.
Average Real Estate Taxes Per Tax Return in Jefferson County, OK Over the Last 10 Years
Real estate taxes in Jefferson County, Oklahoma have shown a general upward trend over the last decade, with figures moving from $931.82 in 2012 to $1,933.33 in 2021. There were noticeable increases in certain years, such as from 2015 to 2016 where the average jumped from $1,305.00 to $1,500.00, and a sharp rise between 2018 and 2019 from $1,666.67 to $2,025.00. This consistent growth pattern could imply rising property valuations and potentially increasing public service investments, which might be relevant for investors and new residents considering the financial landscape of the area.
Percentage of Farm Returns in Jefferson County, OK Over the Last 10 Years
Farm tax returns in Jefferson County, Oklahoma, have shown a gradual increase over the last decade. Starting at 15.45% in 2012, the percentage steadily climbed to around 18.75% by 2016. Although there were slight fluctuations, the trend largely hovered around 18% in subsequent years, with a slight dip back to 16% by 2020. For those interested in investing in or relocating to the area, this relatively stable growth in farm returns suggests a robust agricultural sector, potentially translating to investment opportunities and an active community focused on farming.
Number of Mortgages by Occupancy Type in Jefferson County, OK Over the Last 5 Years in Jefferson County
In Jefferson County, Oklahoma, the number of mortgages for principal residences consistently outweighs those for investment and second properties, showing a steady demand for primary housing. This trend signals a strong base of homeowners, suggesting stability that might appeal to potential investors, real estate agents, and insurers interested in lower-risk opportunities. Marginal increases in mortgages for second residences and investment properties may indicate emerging interest in rental and vacation housing, offering profitable development and investment prospects. For appraisers, these shifts could affect property valuations and insurance agents might need to adjust to varying risk profiles related to the types of properties insured.
Economic Outlook
In Jefferson County, Oklahoma, the average taxable income per tax return has varied over the years, indicating economic shifts that could influence real estate decisions. Notably, after a dip in 2015 and 2016, incomes have shown some recovery, reaching $42,498.62 in 2021. The fluctuations in state and local income taxes per tax return, peaking at $6,775.00 in 2020, similarly reflect changing economic conditions and tax policies. Investors and real estate professionals might find these trends... Read more
Average Taxable Income per Tax Return in Jefferson County, OK over the last 9 years
Over the past nine years, Jefferson County, Oklahoma has seen fluctuating average taxable incomes per tax return, ranging from as low as $36,586.96 in 2016 to as high as $45,169.82 in 2014. Notably, the income dipped in 2015 and 2016 but showed some recovery in recent years, reaching $42,498.62 in 2021. This variability likely signals economic shifts and could affect decisions for potential investors, homebuyers, real estate agents, and insurers evaluating the area's financial stability and growth potential.
Average State and Local Income Taxes Per Tax Return in Jefferson County, OK Over the Last 10 Years
In Jefferson County, Oklahoma, the average state and local income taxes per tax return have shown notable fluctuations over the last decade, peaking at $6,775.00 in 2020 and bottoming out at $4,030.00 in 2017. These changes could indicate varying economic conditions and tax policy adjustments. For potential investors, property developers, or real estate agents, understanding these trends may offer insight into the county’s fiscal environment and potentially influence financial planning and risk assessment. Similarly, this data might be relevant for residents and appraisers looking to understand local economic shifts.
Average Total Tax Liability Per Tax Return in Jefferson County, OK Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Jefferson County, Oklahoma has shown considerable fluctuation. Tax liabilities peaked in 2014 at approximately $7,303.92, followed by a notable dip to $5,914.29 in 2015. The highest liability suggests a possible spike in income or economic activity that year. In recent years, the average has hovered around $5,000 to $6,000, reflecting a somewhat stable economic climate. For investors and real estate professionals, this information indicates a relatively moderate and varied tax environment that could influence property values and investment returns.
Cost of Living in Jefferson County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,087 | $1,436 | $2,142 | $919 | $1,216 |
1 adult 4 children | $1,087 | $1,172 | $1,641 | $919 | $1,280 |
2 adults 3 children | $1,087 | $1,173 | $1,857 | $919 | $972 |
1 adult 3 children | $1,087 | $958 | $1,356 | $919 | $961 |
2 adults 2 children | $797 | $960 | $1,572 | $811 | $800 |
1 adult 2 children | $797 | $717 | $1,071 | $811 | $702 |
2 adults 1 child | $797 | $759 | $1,288 | $458 | $767 |
1 adult 1 child | $797 | $490 | $786 | $458 | $614 |
2 adults | $605 | $610 | $1,003 | $0 | $642 |
1 adult | $601 | $332 | $501 | $0 | $554 |
Safety trends & Data
Jefferson County, Oklahoma has seen varying levels of property crime over the last five years, with a notable spike in burglaries in 2021 reaching six reported cases. Larceny-theft peaked in 2019 with five incidents but has since declined. Motor vehicle thefts have remained relatively steady, fluctuating between one to two cases annually. Vandalism appears largely insignificant with only one incident reported annually in select years. Fraud and stolen property crimes show a periodic pattern but... Read more
Property Crime Trends in Jefferson County, OK Over the Last 5 Years
Over the last five years, Jefferson County, Oklahoma has seen fluctuations in property crimes. There was a notable spike in burglaries in 2021 with six reported cases compared to other years. Larceny-theft peaked in 2019 with five incidents and then saw a decline. Motor vehicle theft incidents remained relatively steady with minor variations between one to two cases each year. Vandalism is not a major issue, with only one incident reported each in 2018, 2019, and 2021. An interesting trend is the periodic appearance of fraud and stolen property crimes but at low levels. These trends could inform potential investors or property developers about the stability and safety patterns in the area.
Demographics
Jefferson County, Oklahoma shows a slightly higher number of females compared to males among its adult population. Educational attainment trends reveal highest numbers for high school graduates and some college without degree, but fewer residents obtaining Bachelor's or higher degrees, pointing towards a potential focus on trade education or employment over continued academic pursuit. The age distribution is somewhat balanced, with notable clusters in the under-10 and 55-64 age brackets,... Read more
Race Distribution in Jefferson County, Oklahoma (2022)
Educational Attainment in Jefferson County, Oklahoma (2022)
Age Distribution in Jefferson County, Oklahoma
Citizen Population in Jefferson County, Oklahoma (2022)
Political Trends & Data
Jefferson County's political landscape leans heavily Republican, with an estimated 85% of votes in the 2020 U.S. Presidential Election going to the GOP. Democratic support is notably lower, potentially around 13%, while third-party candidates capture minimal votes. This entrenched political alignment could suggest a stable and predictable voting pattern, characteristic of certain areas in... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jefferson County shows a significant lean towards Republican preferences, with an estimated 85% of votes in the 2020 U.S. Presidential Election going to the GOP. Democratic support appears much lower, potentially capturing around 13% of the vote. Third-party candidates seem to barely make a dent, with Libertarian votes hovering near 1% and other parties registering minimal impact. This pattern may signal a strong, possibly entrenched political alignment within the county, characteristic of certain areas in Oklahoma.
84.95% of voters voted for the Republican party in the 2020 Presidential Election
13.38% of voters voted for the Democrat party in the 2020 Presidential Election
1.09% of voters voted for the Livertarian party in the 2020 Presidential Election
0.59% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Jefferson County, Oklahoma has generally been below the national average over the past decade, starting at approximately 13 in 2014, hitting a low of 12 in 2020, and approaching 14 by 2023. This suggests potential for individualized attention in classrooms, possibly attracting families and driving up property values. For real estate agents and investors, these trends might signal a stable community focus on education, which could enhance demand in the... Read more
Student-to-teacher ratio in Jefferson County, Oklahoma over the last 10 years
Over the past decade, Jefferson County, Oklahoma has seen its student-to-teacher ratio fluctuate but consistently remain below the national average of 14 students per teacher. Starting at roughly 13 in 2014, the ratio declined to its lowest point of about 12 in 2020 and then gradually increased to nearly 14 by 2023. This lower ratio could potentially mean more individualized attention for students, which might make this area appealing to families prioritizing education. For prospective investors or real estate agents, these trends could indicate a community invested in maintaining manageable class sizes, possibly enhancing property values and demand in the area.