Lincoln County Real Estate and Livability Trends
Lincoln County, Oklahoma has seen rising average taxable income per tax return, growing from $46,271.92 in 2013 to $56,413.56 in 2021, and a notable hike in average state and local income taxes from $4,238.54 in 2012 to $7,373.08 in 2021, hinting at economic strengthening. The median home value climbed steadily from $99,800 in 2015 to $141,400 in 2022, though it lags behind broader growth.... Read more
Lincoln County Market Trends
Lincoln County's median home value has experienced a stable climb from $99,800 in 2015 to $141,400 in 2022, though it trails behind statewide and national growth. The surge in residential energy tax credits, from $381.82 in 2013 to $1,980.00 in 2021, points to increased investments in energy-efficient upgrades, possibly indicating a community focused on sustainability. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Lincoln County, Oklahoma Over the Last 8 Years
Over the last eight years, the median home value in Lincoln County, Oklahoma has seen a steady increase from $99,800 in 2015 to $141,400 in 2022. While the county's market grew at a respectable rate, it lagged behind both the state and national trends. Oklahoma's median home value rose from $117,900 to $170,500 in the same period, and the national median jumped from $125,500 to $179,400. For investors, this indicates potential for catching up in value appreciation, while for residents, it may signify ongoing affordability relative to broader markets.
Residential Energy Tax Credit Per Tax Return in Lincoln County, OK Over the Last 8 Years
Lincoln County, Oklahoma has seen a significant upward trend in residential energy tax credits per tax return over the last eight years, increasing from around $381.82 in 2013 to $1,980.00 in 2021. This rise suggests growing investments in energy-efficient home improvements or renewable energy installations. For potential investors, this trend could indicate a community more inclined towards sustainable living, potentially influencing property values and insurance premiums. Those moving to the area might benefit from continued support for energy-saving initiatives, while builders and real estate agents could highlight these tax credits as added value for new and existing homes.
Average Real Estate Taxes Per Tax Return in Lincoln County, OK Over the Last 10 Years
Over the last decade, Lincoln County, Oklahoma has seen a notable upward trend in average real estate taxes per tax return, growing from approximately $1,191.89 in 2012 to about $2,315.69 in 2021. This consistent increase could suggest rising property values or changes in tax policies, which might be important for prospective investors, homeowners, and real estate professionals to consider. Higher tax rates might also imply better local services and infrastructure, but they could also impact overall affordability in the region.
Percentage of Farm Returns in Lincoln County, OK Over the Last 10 Years
Farm tax returns in Lincoln County, Oklahoma have hovered around 13-14% over the past decade. The percentage has fluctuated slightly, with a peak at approximately 14.05% in 2013 and a low around 12.65% in 2020. Farm returns are an important metric as they reflect the agricultural activity level and potential economic stability of rural areas. For investors or those considering moving to Lincoln County, these trends can be indicative of the local agricultural economy's health and potential for growth. Backed by steady farm returns, the area might offer viable opportunities for agricultural investments and related development.
Number of Mortgages by Occupancy Type in Lincoln County, OK Over the Last 5 Years in Lincoln County
The trend in Lincoln County, Oklahoma shows a steady increase in the number of mortgages for principal residences over the last five years, peaking at 1,598 in 2021. Investment properties and second residences have remained relatively minor in comparison, but there has been a slight uptick in second residence mortgages, indicating a perhaps growing interest in vacation or secondary homes. Fluctuations in the types of occupancy are crucial for investors and real estate agents as they highlight changing demands and market dynamics, which could influence property values and rental market conditions. For insurance agents and appraisers, these shifts suggest evolving risks and the need for updated appraisals to reflect current market realities. Builders and developers can leverage this data to meet the growing demand for principal residences, potentially tailoring their projects to the dominant housing needs within the county.
Economic Outlook
Lincoln County, Oklahoma has experienced an overall upward trend in average taxable income per tax return from $46,271.92 in 2013 to $56,413.56 in 2021, reflecting potential economic strengthening. Simultaneously, average state and local income taxes rose notably from $4,238.54 in 2012 to $7,373.08 in 2021, hinting at economic growth or policy changes. These fluctuations, especially the significant rise in total tax liability from $6,072.43 in 2016 to $7,700.99 in 2021, provide valuable... Read more
Average Taxable Income per Tax Return in Lincoln County, OK over the last 9 years
Lincoln County, Oklahoma has seen fluctuating but generally upward trends in the average taxable income per tax return over the past nine years, moving from $46,271.92 in 2013 to $56,413.56 in 2021. The increases might suggest a strengthening local economy and could signal potential growth opportunities for investors and real estate professionals. Despite minor dips in certain years, the overall rise hints at an improving standard of living, making it a possibly attractive location for new residents or businesses considering expansion.
Average State and Local Income Taxes Per Tax Return in Lincoln County, OK Over the Last 10 Years
Over the last decade, Lincoln County, Oklahoma has seen a notable increase in average state and local income taxes per tax return, rising from $4,238.54 in 2012 to $7,373.08 in 2021. This upward trend, especially sharp from 2018 onwards, could signal economic growth or shifts in local tax policies. Prospective investors and real estate developers might find this indicative of a maturing market, while insurance agents and appraisers might want to consider these changes when evaluating properties and setting premiums.
Average Total Tax Liability Per Tax Return in Lincoln County, OK Over the Last 10 Years
Lincoln County, Oklahoma has witnessed a fluctuating trend in average total tax liability per tax return over the past decade, with values ranging from around $6,072.43 in 2016 to a peak of approximately $7,700.99 in 2021. Significant increases like the jump between 2020 and 2021 suggest possible economic or policy changes impacting taxpayers. This variability offers critical insights for potential investors, real estate agents, and those involved in property development or appraisal, as understanding these trends can aid in financial planning and risk assessment in the area.
Cost of Living in Lincoln County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,080 | $1,379 | $2,071 | $1,151 | $1,242 |
| 1 adult 4 children | $1,080 | $1,126 | $1,585 | $1,151 | $1,325 |
| 2 adults 3 children | $1,080 | $1,127 | $1,796 | $1,151 | $1,007 |
| 1 adult 3 children | $1,080 | $920 | $1,310 | $1,151 | $1,046 |
| 2 adults 2 children | $797 | $922 | $1,522 | $1,024 | $851 |
| 1 adult 2 children | $797 | $689 | $1,036 | $1,024 | $756 |
| 2 adults 1 child | $797 | $729 | $1,247 | $612 | $790 |
| 1 adult 1 child | $797 | $471 | $761 | $612 | $648 |
| 2 adults | $687 | $586 | $973 | $0 | $660 |
| 1 adult | $683 | $319 | $486 | $0 | $582 |
Safety trends & Data
Lincoln County, Oklahoma has shown varied trends in property crime over the last five years. Burglary incidents doubled from 11 in 2018 to 24 in 2022, while motor vehicle thefts peaked at 13 in 2020 but dropped to just 4 by 2022. Larceny-theft cases have generally decreased, moving from 18 in 2018 to 9 in 2022. Stolen property offenses showed inconsistency, with numbers ranging from 27 in 2018 to 14 in 2022. Arson remained relatively low but increased slightly from 1 in 2018 to 2 in 2022.... Read more
Property Crime Trends in Lincoln County, OK Over the Last 5 Years
Lincoln County, Oklahoma has shown fluctuations in property crime over the last five years. Specific categories like burglary saw an increase from 11 incidents in 2018 to 24 in 2022. Motor vehicle thefts varied, peaking at 13 in 2020 but dropping to 4 by 2022. Larceny-theft cases have decreased overall, from 18 in 2018 to 9 in 2022. The trend for stolen property offenses exhibited an inconsistent pattern, with values ranging from 27 in 2018 to 14 in 2022. Arson incidents remained relatively low but showed a small increase from 1 in 2018 to 2 in 2022. Embezzlement and vandalism cases remained sporadic and relatively minimal. These data points could suggest a dynamic and potentially unpredictable environment for investors and property developers.
Demographics
Lincoln County, Oklahoma exhibits a fairly balanced gender distribution with slightly more females than males. The majority of residents possess a high school diploma, though less than a third have pursued higher education with a bachelor's degree or beyond, suggesting a potential area for educational development. Age-wise, the population skews older, with significant portions in the 55 and older brackets. Racially, the county is predominantly White, but there’s a small yet notable presence... Read more
Race Distribution in Lincoln County, Oklahoma (2022)
Educational Attainment in Lincoln County, Oklahoma (2022)
Age Distribution in Lincoln County, Oklahoma
Citizen Population in Lincoln County, Oklahoma (2022)
Political Trends & Data
In Lincoln County, Oklahoma, the 2020 U.S. Presidential Election showed a strong Republican preference, with over 80% of votes cast in favor of the GOP. Democrats garnered about 17.5% of the vote, while Libertarians and other parties, including the Green party, held a minimal share. This suggests a predominantly conservative voter base in the area, which may influence local real estate market dynamics, including buyer preferences and property... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Lincoln County, Oklahoma, the 2020 U.S. Presidential Election results leaned heavily Republican, with just over 80% of the votes. Democrats secured around 17.5%, while a small fraction went to the Libertarian party. The presence of other parties, including the Green party, was almost negligible. These trends hint at a predominantly conservative voter base in the region.
80.69% of voters voted for the Republican party in the 2020 Presidential Election
17.52% of voters voted for the Democrat party in the 2020 Presidential Election
1.26% of voters voted for the Livertarian party in the 2020 Presidential Election
0.53% of voters voted for the Other party in the 2020 Presidential Election
School Data
Lincoln County, Oklahoma, has seen its student-to-teacher ratio rise to 16 students per teacher in 2023, surpassing the national average of 14. This shift might indicate a growing population and a potential need for more educational infrastructure, something developers and real estate investors might find noteworthy. Real estate agents could use this information to attract families who prioritize education, while insurance agents may want to consider the impact on local resources and community... Read more
Student-to-teacher ratio in Lincoln County, Oklahoma over the last 10 years
The student-to-teacher ratio in Lincoln County, Oklahoma, has fluctuated over the past decade, peaking at 16 students per teacher in 2023, which is notably higher than the current national average of 14. This increase might suggest growing class sizes, which can affect the quality of education and teacher workload. Investors and developers might see this as a marker of a growing population, possibly indicating a region in need of more educational infrastructure. Real estate agents could leverage this information when marketing to families prioritizing education, while insurance agents might consider the impacts on local resources and potential community needs.
