Johnston County Real Estate and Livability Trends
Johnston County, Oklahoma has observed a steady climb in the average taxable income per tax return from $41,501.90 in 2013 to $52,583.61 by 2021, signaling economic growth likely to lure investors and elevate property values. Median home values also increased from $78,200 in 2015 to $99,100 in 2022, underscoring regional investment potential. Despite notable volatility in average total tax... Read more
Johnston County Market Trends
Johnston County, Oklahoma, has seen an increase in median home values from $78,200 in 2015 to $99,100 in 2022, suggesting a steady appreciation that could attract investors and new residents. Though still more affordable than the state and national averages, this trend points to growing potential for regional investment. Significant fluctuations in the average residential energy tax credit, which... Read more
Median Value of Occupied Housing Units in Johnston County, Oklahoma Over the Last 8 Years
Johnston County, Oklahoma, has experienced a steady climb in median home values over the past eight years, jumping from $78,200 in 2015 to $99,100 in 2022. While the county's housing market appears more affordable compared to Oklahoma's state average that increased from $117,900 to $170,500 and the national median value soaring from $125,500 to $179,400 during the same period, this relative affordability may present unique opportunities for potential investors, new residents, or those looking to build property in the area. This trend of growth, though modest, indicates a gradual yet consistent appreciation in home values that might appeal to different stakeholders eyeing regional investment options.
Residential Energy Tax Credit Per Tax Return in Johnston County, OK Over the Last 6 Years
In Johnston County, Oklahoma, the average residential energy tax credit per tax return has shown significant fluctuation over the last six years. Starting at $250.00 in 2013, there was a slight upward and downward trend until 2015, but the values remained relatively consistent, hovering between $233.33 and $266.67. A marked increase is noticeable in 2020, where the value more than doubled to $533.33, and by 2021, it skyrocketed to $1866.67. This dramatic rise could suggest growing incentives for energy-efficient home investments or increased adoption of renewable energy solutions, offering potential opportunities for real estate developers, investors, and homeowners focused on sustainable development.
Average Real Estate Taxes Per Tax Return in Johnston County, OK Over the Last 10 Years
Over the past decade, Johnston County, Oklahoma has seen a notable rise in average real estate taxes per tax return, moving from approximately $928.89 in 2012 to $1,700.00 in 2021. This upward trend, peaking at $1,885.71 in 2020, suggests an increasingly substantial financial consideration for residents and property investors. Such data could be crucial for potential buyers, appraisers, and insurance agents assessing future commitments and valuations in the area.
Percentage of Farm Returns in Johnston County, OK Over the Last 10 Years
In Johnston County, Oklahoma, the percentage of farm tax returns over the last decade has shown some fluctuation but generally remains around 14.11%. We see a peak in 2012 at 15.59% and the lowest in 2020 at 13.52%. This long-term view may indicate a stable but slightly declining trend in farm tax returns. Farm tax returns, reflecting the financial activity of agricultural operations, can significantly affect the local economy, impacting investment decisions, property development, and overall interest in the agricultural sector. Understanding these trends may offer valuable insights for investors, developers, and residents considering opportunities in Johnston County.
Number of Mortgages by Occupancy Type in Johnston County, OK Over the Last 5 Years in Johnston County
In Johnston County, Oklahoma, principal residences have consistently driven the majority of mortgage activity over the past five years, peaking at 318 in 2021. Investment properties saw modest activity, with a slight decline to 14 mortgages in 2022 from a high of 32 in 2020. Second residences consistently held the smallest share, ranging between 6 and 17 mortgages annually. These trends may reflect a stable demand for primary homes, potentially appealing to families or individuals seeking long-term settlement. The dip in investment property mortgages could hint at shifts in market confidence or profitability in the rental or resale markets. For appraisers, insurance agents, real estate developers, and prospective investors, understanding these dynamics is crucial to tap into the right opportunities and forecast market behavior more accurately.
Economic Outlook
Johnston County, Oklahoma has witnessed a steady increase in the average taxable income per tax return over the past nine years, climbing from around $41,501.90 in 2013 to approximately $52,583.61 by 2021. This trend hints at economic growth that could attract investors and new residents, potentially driving up property values. However, the county's state and local income taxes have fluctuated, peaking at $6,228.57 in 2020 after starting at $3,893.33 in 2012. Additionally, average total tax... Read more
Average Taxable Income per Tax Return in Johnston County, OK over the last 9 years
Johnston County, Oklahoma has shown a consistent increase in the average taxable income per tax return over the past nine years. Starting at around $41,501.90 in 2013, it climbed to approximately $52,583.61 by 2021. This upward trend may suggest economic growth, potentially making the county more attractive for investors and those looking to relocate. The figures indicate a steady financial improvement that could influence property values, insurance premiums, and real estate market dynamics. For professionals in these fields, monitoring these changes could provide insights into future economic conditions and opportunities within the region.
Average State and Local Income Taxes Per Tax Return in Johnston County, OK Over the Last 10 Years
Over the past decade, Johnston County, Oklahoma has seen a fluctuating trend in average state and local income taxes per tax return, reaching a peak of $6,228.57 in 2020. Investors and potential residents might find the increase in tax burden significant, especially considering the rise from $3,893.33 in 2012. This volatility could impact financial planning, property appraisals, and insurance considerations, making it essential to factor in these trends when evaluating the area's economic landscape. Real estate agents might use this data to inform clients about potential future tax implications.
Average Total Tax Liability Per Tax Return in Johnston County, OK Over the Last 10 Years
Johnston County, Oklahoma has shown fluctuating average total tax liabilities per tax return over the past decade, with notable peaks in 2014 ($6,430.93) and 2021 ($6,718.18). These trends might suggest varying economic conditions and tax policies impacting residents, making it essential for investors, real estate agents, and insurance agents to monitor such fluctuations. Potential property buyers and appraisers should also consider these economic indicators, reflecting on local financial health and forecasting future tax burdens.
Cost of Living in Johnston County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,034 | $1,408 | $1,978 | $969 | $1,121 |
1 adult 4 children | $1,034 | $1,149 | $1,514 | $969 | $1,167 |
2 adults 3 children | $1,034 | $1,150 | $1,715 | $969 | $897 |
1 adult 3 children | $1,034 | $939 | $1,251 | $969 | $885 |
2 adults 2 children | $797 | $941 | $1,453 | $854 | $765 |
1 adult 2 children | $797 | $703 | $989 | $854 | $671 |
2 adults 1 child | $797 | $744 | $1,190 | $483 | $735 |
1 adult 1 child | $797 | $481 | $726 | $483 | $595 |
2 adults | $657 | $598 | $928 | $0 | $631 |
1 adult | $619 | $326 | $464 | $0 | $545 |
Safety trends & Data
Property crime trends in Johnston County, Oklahoma indicate a noticeable increase in burglary incidents, jumping from 5 in 2018 to 17 in 2022. Stolen property cases have also generally been on the rise, hitting a peak of 10 in 2022. While vandalism and motor vehicle theft rates have remained stable, larceny-theft incidents dramatically dropped to just 1 case in 2022. This evolving crime landscape could potentially influence investor decisions, insurance rates, and property protection strategies... Read more
Property Crime Trends in Johnston County, OK Over the Last 5 Years
Property crime trends in Johnston County, Oklahoma over the last five years reveal a noticeable increase in burglary incidents, rising from 5 in 2018 to 17 in 2022. Concurrently, there has been a fluctuating but generally upward trend in cases of stolen property, peaking at 10 in 2022. Vandalism and motor vehicle thefts have remained relatively stable, while larceny-theft incidents have shown variability with a significant drop to just 1 case in 2022. This data suggests a shifting landscape in property crime that may impact decisions for investors, insurance agents, and residents considering property protection measures.
Demographics
Johnston County, Oklahoma, displays a balanced gender demographic among adults with a slight male majority. Educational attainment is skewed towards high school graduates and those with some college, though the number of individuals with bachelor's and higher degrees holds some significance. The age distribution suggests a mature population, with a notable segment over 55 years old. Racially, the county is predominantly White, but the presence of American Indian and Alaska Native populations... Read more
Race Distribution in Johnston County, Oklahoma (2022)
Educational Attainment in Johnston County, Oklahoma (2022)
Age Distribution in Johnston County, Oklahoma
Citizen Population in Johnston County, Oklahoma (2022)
Political Trends & Data
Johnston County, Oklahoma, leans heavily conservative with approximately 81% of the vote going to the Republican party during the latest presidential election. Democrats received close to 17%, and minor parties secured just over 1%. This conservative preference could shape local policies and community priorities, potentially impacting property regulations and development trends in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Johnston County, Oklahoma, shows an overwhelming preference for the Republican party, with nearly 81% of the vote. Democrats garnered roughly 17%, while Libertarians and other minor parties collectively received a little over 1%. This suggests a strong conservative leaning in the county, which may influence local policies and community priorities.
80.95% of voters voted for the Republican party in the 2020 Presidential Election
17.36% of voters voted for the Democrat party in the 2020 Presidential Election
0.87% of voters voted for the Livertarian party in the 2020 Presidential Election
0.82% of voters voted for the Other party in the 2020 Presidential Election
School Data
Johnston County, Oklahoma has a student-to-teacher ratio that has generally been lower than the national average, which could suggest smaller class sizes and a more personalized educational experience. This might be an appealing factor for families prioritizing education, potentially influencing their decision to move to the area. For real estate professionals, builders, and insurers, knowing these educational dynamics can provide a nuanced view of the community's strengths, possibly reflecting... Read more
Student-to-teacher ratio in Johnston County, Oklahoma over the last 10 years
Johnston County, Oklahoma has seen some fluctuations in its student-to-teacher ratio over the last decade, peaking at almost 14 students per teacher in 2018 and dipping to just over 12 in 2021. Compared to the national average of 14 students per teacher, Johnston County's rates have generally been lower, which might suggest smaller class sizes. For those considering moving to the area or investing in local real estate, this potentially means a more personalized educational experience for children. This could be a compelling factor for families prioritizing education quality. Additionally, smaller student-to-teacher ratios could reflect favorably in property appraisals and insurance assessments by indicating a thriving, supportive academic environment. For real estate agents, builders, and insurers, understanding these dynamics can offer a more nuanced view of the community's strengths.