Le Flore County Real Estate and Livability Trends
Le Flore County, Oklahoma has shown promising financial and real estate trends, making it an attractive option for potential homeowners and investors. Average taxable income per tax return has risen to a peak of $48,330.62 in 2021, while median home values climbed from $81,600.00 in 2015 to $111,300.00 in 2022, keeping the county affordable compared to state and national figures. Property crime... Read more
Le Flore County Market Trends
Le Flore County, Oklahoma's real estate market reveals compelling trends over the past decade. Median home values jumped from $81,600.00 in 2015 to $111,300.00 in 2022, positioning the county as an affordable option compared to the state's $170,500.00 and the national $179,400.00. Volatility in residential energy tax credits, peaking dramatically at $2,650.00 in 2018, and a steady rise in average... Read more
Median Value of Occupied Housing Units in Le Flore County, Oklahoma Over the Last 8 Years
Over the past eight years, Le Flore County, Oklahoma, has seen its median home values increase from $81,600.00 in 2015 to $111,300.00 in 2022, reflecting a steady rise that seems to have accelerated in recent years. This growth, while consistent, is still lower compared to the state's median, which reached $170,500.00 in 2022, and the national median, which climbed to $179,400.00. This could suggest Le Flore County remains a relatively affordable option for potential homeowners while still offering solid appreciation for investors.
Residential Energy Tax Credit Per Tax Return in Le Flore County, OK Over the Last 9 Years
Le Flore County, Oklahoma, has seen significant fluctuations in residential energy tax credits over the past nine years, with a dramatic spike in 2018 where the average credit reached $2650.00 per tax return. This volatility likely reflects changes in energy policy incentives, with noticeable peaks in 2017 and 2020, suggesting these were particularly favorable years for energy-efficient home investments. For potential investors, this indicates periods of aggressive incentives that could affect property valuations and energy efficiency upgrades. Real estate agents and appraisers should consider these trends when assessing property values or advising clients on potential savings.
Average Real Estate Taxes Per Tax Return in Le Flore County, OK Over the Last 10 Years
Over the past decade, Le Flore County, Oklahoma has shown a steady increase in average real estate taxes per tax return. Starting at $1,083.15 in 2012, the figure has risen consistently, reaching $2,168.29 in 2021. This gradual climb hints at rising property values or potentially increased tax rates, impacting decisions for investors, new residents, appraisers, and real estate stakeholders. Such trends can indicate economic growth or shifts in local policy, both crucial factors to consider when planning property investments or assessing market stability.
Percentage of Farm Returns in Le Flore County, OK Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Le Flore County, Oklahoma has seen a modest overall increase with some fluctuations. Starting at 9.66% in 2012 and peaking at 10.61% in 2018, the percentage dropped to 9.45% in 2020 and slightly rebounded to 9.86% in 2021. Farm tax returns indicate the number of farms filing taxes, reflecting agricultural activity and economic health in the region. For investors or those seeking to move, this suggests a relatively stable agricultural sector that may offer opportunities in farming-related businesses or rural development.
Number of Mortgages by Occupancy Type in Le Flore County, OK Over the Last 5 Years in Le Flore County
Mortgage activity in Le Flore County, Oklahoma over the past five years shows a clear dominance of principal residence purchases, with significant annual counts that grew from 1,295 in 2018 to a peak of 1,894 in 2021 before slightly dipping to 1,471 in 2022. Investment property mortgages, however, experienced a decline, starting at 129 in 2018 and dropping steadily to 73 by 2022. Second residence mortgages remained relatively low and stable, fluctuating slightly around the mid-30s. Understanding these occupancy type shifts is crucial for investors, as a higher share of principal residences may suggest a stable, longer-term community, while fluctuations in investment property mortgages could indicate changes in the attractiveness of the area for rental or flip opportunities. For appraisers and insurance agents, these trends might imply shifting risk profiles and valuation baselines, while real estate agents and potential homebuyers could infer demand dynamics and the type of market activity prevalent in Le Flore County.
Economic Outlook
Le Flore County in Oklahoma has experienced a steady rise in average taxable income per tax return, hitting a peak of $48,330.62 in 2021. Although the area saw minor fluctuations, such as a dip in 2016 and steady levels around $44,000 from 2018 to 2020, the overall upward trend hints at potential economic improvement. Similarly, state and local income taxes per tax return rose sharply from $4,432.87 in 2012 to $7,497.96 in 2021, with particular spikes post-2017. These hikes may indicate... Read more
Average Taxable Income per Tax Return in Le Flore County, OK over the last 9 years
Over the past nine years, Le Flore County in Oklahoma has seen a gradual increase in average taxable income per tax return, peaking in 2021 at $48,330.62. While there were slight fluctuations, such as a dip in 2016 and stabilization around $44,000 between 2018 and 2020, the overall trend could suggest improving economic conditions or employment opportunities. This information might be pivotal for investors, real estate agents, and insurance agents when assessing the financial health and growth potential of the area.
Average State and Local Income Taxes Per Tax Return in Le Flore County, OK Over the Last 10 Years
Over the last decade, state and local income taxes per tax return in Le Flore County, Oklahoma have fluctuated, generally trending upwards. Notably, from a relatively stable $4,432.87 in 2012, there was a significant increase to $7,497.96 by 2021. The most dramatic changes appear post-2017, with noticeable spikes, particularly in 2018 ($6,461.67) and 2019 ($6,865.52). For potential investors and property developers, this upward trend in tax figures might suggest increasing economic activity or changes in tax policy, influencing the cost of living and operational expenses. Real estate agents and insurance agents should take note of these figures to better advise clients on potential financial impacts.
Average Total Tax Liability Per Tax Return in Le Flore County, OK Over the Last 10 Years
Le Flore County, Oklahoma has seen fluctuating average total tax liabilities per tax return over the past decade, with figures ranging from around $5,153.15 in 2018 to $6,009.16 in 2021. This variability might indicate economic changes or shifts in the local financial landscape. For potential investors, property builders, real estate agents, and residents, such trends could suggest an underlying economic dynamism within the county and possibly impact financial planning and investment decisions.
Cost of Living in Le Flore County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,073 | $1,387 | $2,244 | $1,023 | $1,244 |
| 1 adult 4 children | $1,073 | $1,133 | $1,720 | $1,023 | $1,309 |
| 2 adults 3 children | $1,073 | $1,133 | $1,945 | $1,023 | $1,000 |
| 1 adult 3 children | $1,073 | $925 | $1,421 | $1,023 | $990 |
| 2 adults 2 children | $797 | $928 | $1,647 | $902 | $824 |
| 1 adult 2 children | $797 | $693 | $1,122 | $902 | $730 |
| 2 adults 1 child | $797 | $733 | $1,348 | $510 | $780 |
| 1 adult 1 child | $797 | $474 | $823 | $510 | $627 |
| 2 adults | $632 | $589 | $1,049 | $0 | $652 |
| 1 adult | $628 | $321 | $524 | $0 | $565 |
Safety trends & Data
Le Flore County, Oklahoma's property crime trends have been anything but stable, seeing notable spikes and declines over the past five years. Burglary arrests rose to 19.0 in 2019 but later dropped to 13.0 by 2022. In contrast, larceny-theft peaked at 44.0 arrests in 2020 before falling to 24.0 arrests in 2022. Meanwhile, motor vehicle theft rose steadily from 3.0 arrests in 2018 to 10.0 in 2022. These crime dynamics could indicate shifting risks and opportunities for real estate investors,... Read more
Property Crime Trends in Le Flore County, OK Over the Last 5 Years
Le Flore County, Oklahoma has experienced fluctuating property crime rates over the past five years. In particular, there has been a noticeable increase in burglary cases in 2019, peaking at 19.0 arrests, compared to the consistent decline to 13.0 arrests by 2022. Larceny-theft, while peaking at 44.0 arrests in 2020, saw a reduction to 24.0 arrests in 2022. Motor vehicle theft, however, showed a concerning rise from 3.0 arrests in 2018 to 10.0 in 2022. These trends could suggest evolving risks and opportunities for potential investors, appraisers, and real estate agents, highlighting a dynamic landscape for those considering moving to or working in Le Flore County.
Demographics
Le Flore County, Oklahoma shows a relatively balanced gender distribution among adults, with males and females each comprising close to half of the population. The education landscape reveals that a significant portion of residents possesses a high school diploma or some college experience, though there is a notable drop-off for higher education degrees. Age demographics indicate a diverse population, with a substantial number of individuals in both the younger and older age brackets. When it... Read more
Race Distribution in Le Flore County, Oklahoma (2022)
Educational Attainment in Le Flore County, Oklahoma (2022)
Age Distribution in Le Flore County, Oklahoma
Citizen Population in Le Flore County, Oklahoma (2022)
Political Trends & Data
Le Flore County in Oklahoma displayed a notable Republican tilt during the 2020 U.S. Presidential Election, with about 81% of the votes likely favoring the GOP. The Democratic Party appeared to garner only roughly 17.5%, indicating a strong conservative leaning typical of rural Oklahoma counties. Libertarian and independent preferences remained minimal, underscoring a preference for traditional party lines in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Le Flore County in Oklahoma exhibited a pronounced Republican preference in the 2020 U.S. Presidential Election, with approximately 81% of the votes potentially favoring the GOP. The Democratic Party, however, seemed to capture only around 17.5% of the votes. Libertarian preference appeared minimal, as did votes for other parties and independents, highlighting a strong inclination towards traditional party lines and possibly reflecting broader political trends in rural Oklahoma counties.
80.90% of voters voted for the Republican party in the 2020 Presidential Election
17.54% of voters voted for the Democrat party in the 2020 Presidential Election
1.14% of voters voted for the Livertarian party in the 2020 Presidential Election
0.42% of voters voted for the Other party in the 2020 Presidential Election
School Data
Le Flore County, Oklahoma has witnessed slight fluctuations in its student-to-teacher ratio over the past decade, generally hovering around the national average of 14 students per teacher. The peak of 15 students per teacher in 2017 hints at occasional strains on educational resources, but overall suggests stable and manageable class sizes. This consistency is critical for potential homeowners, appraisers, and insurance agents assessing the community's appeal and growth... Read more
Student-to-teacher ratio in Le Flore County, Oklahoma over the last 10 years
Over the last decade, Le Flore County, Oklahoma has observed slight fluctuations in its student-to-teacher ratio, with values generally hovering around the national average of 14 students per teacher. The ratio reached its peak at 15 students per teacher in 2017, indicating possible strains on educational resources during that year. Investors, real estate agents, and families considering a move to the area might view this as a positive sign of educational stability, as it suggests manageable class sizes comparable to the national norm. This consistency in classroom dynamics is crucial for potential homeowners, appraisers, and insurance agents aiming to gauge the community's appeal and potential growth.
