Logan County Real Estate and Livability Trends
Logan County, Oklahoma, leans heavily Republican, a trend that could influence local and state elections. Democratic support is minimal and third-party votes practically negligible. This political climate might reflect broader regional trends and potentially shape community values and policy... Read more
Logan County Market Trends
Logan County, Oklahoma's rising median home values, jumping from $142,900 in 2015 to $221,300 in 2022, outpaced both the state and national averages, potentially making it a lucrative investment area. Real estate taxes have surged from $2,169.13 in 2012 to $3,555.07 in 2021, likely reflecting increased property values and economic growth. Variations in residential energy tax credits, peaking at... Read more
Median Value of Occupied Housing Units in Logan County, Oklahoma Over the Last 8 Years
Over the last eight years, Logan County, Oklahoma has seen impressive growth in median home values, outpacing both the state of Oklahoma and national trends. In 2022, the median home value in Logan County rose to $221,300 from $142,900 in 2015. For comparison, Oklahoma's median home value in 2022 was $170,500, while the national median was $179,400. This suggests that Logan County could be an attractive area for investment, with homes appreciating at a faster rate than both state and national averages.
Residential Energy Tax Credit Per Tax Return in Logan County, OK Over the Last 9 Years
Logan County, Oklahoma has seen notable fluctuations in residential energy tax credits per tax return over the past nine years, with an exceptionally sharp increase in 2018 peaking at $1,875.00 and a substantial rise again in 2021 to $1,747.37. The years 2018 and 2021 stand out against a backdrop of generally lower figures, suggesting a few possible substantial investments or policy changes that might have temporarily boosted these credits. These sporadic yet significant peaks could hint at shifting dynamics in local energy efficiency incentives or homeowner behaviors, potentially advantageous for investors, developers, and real estate agents focusing on energy-efficient homes.
Average Real Estate Taxes Per Tax Return in Logan County, OK Over the Last 10 Years
Real estate taxes in Logan County, Oklahoma have experienced a significant upward trend over the past decade, increasing from around $2,169.13 per return in 2012 to approximately $3,555.07 in 2021. This escalation in taxes may be of interest to potential investors, property developers, and current residents as it likely reflects rising property values, economic growth, and potentially increasing public services in the area. Moreover, these trends could influence decisions for those considering relocating or developing real estate, as well as appraisers and insurance agents assessing property risk and value.
Percentage of Farm Returns in Logan County, OK Over the Last 10 Years
Over the last decade, Logan County, Oklahoma has seen fluctuations in the percentage of farm tax returns. Starting at around 5.90% in 2012, there was a slight rise in 2015 reaching back to 5.89%, before gradually decreasing to a low of 5.10% in 2020. The most recent data from 2021 suggests a minor recovery to approximately 5.32%. These returns are a key indicator of agricultural activity and financial viability in the area, meaning trends in farm returns can influence decisions on investments, property development, and residents' livelihoods.
Number of Mortgages by Occupancy Type in Logan County, OK Over the Last 5 Years in Logan County
Over the past five years, Logan County, Oklahoma has seen significant variability in mortgage activity, especially among principal residences, which consistently dominate the market with numbers ranging from about 2,000 to nearly 4,000 annually. Investment properties and second residences, however, show relatively minor fluctuations and maintain significantly lower figures. The dominance of principal residence mortgages indicates a stable demand for primary homes, potentially translating to longer-term community investment. These trends are crucial for real estate agents and investors, as high principal residence activity might signify robust local economic conditions and steady housing demand. This information allows appraisers and insurance agents to better assess property values and risks, tailored to prevailing local market dynamics.
Economic Outlook
Logan County, Oklahoma has seen a general upward trend in average taxable income per tax return from $60,969.06 in 2013 to $75,621.01 by 2021, with peaks in 2017 and 2018. Likewise, average state and local income taxes per tax return have increased notably, peaking at $8,420.83 in 2019. Additionally, total tax liabilities showed highs of approximately $11,332.64 in 2017 and $11,455.39 in 2021. This economic growth might signal a burgeoning local economy, potentially influencing property values... Read more
Average Taxable Income per Tax Return in Logan County, OK over the last 9 years
Logan County, Oklahoma has seen a general upward trend in average taxable income per tax return over the past nine years, with figures starting at $60,969.06 in 2013 and rising to $75,621.01 by 2021. Noteworthy peaks occurred in 2017 and 2018, reaching above $68,000.00, and a significant jump was observed in the latest year, 2021. This trajectory may indicate a growing economic strength in the county, which could be of interest to potential investors, real estate agents, and those considering relocating to the area. Economic stability or growth revealed by these income trends might also influence property valuations and insurance rates.
Average State and Local Income Taxes Per Tax Return in Logan County, OK Over the Last 10 Years
Logan County, Oklahoma, has experienced a notable rise in average state and local income taxes per tax return over the last decade. Starting from approximately $5,761.89 in 2012, the average has fluctuated but showed a generally increasing trend, peaking dramatically at around $8,420.83 in 2019. This growth could indicate economic development or rising incomes in the area, which is critical for investors, real estate agents, and appraisers who might see this as a sign of a flourishing local economy. Conversely, those looking to move or build in Logan County should weigh these tax trends when planning their finances.
Average Total Tax Liability Per Tax Return in Logan County, OK Over the Last 10 Years
Over the past decade, Logan County, Oklahoma has seen some fluctuations in the average total tax liability per tax return, with notable increases in 2017 and 2021, reaching highs of approximately $11,332.64 and $11,455.39 respectively. Despite some years showing slight downturns, the overall trend indicates a generally stable tax burden, making the area potentially attractive for prospective homeowners, appraisers, and real estate agents evaluating fiscal stability and growth opportunities. This data could also prove valuable for insurance agents looking to understand client needs in the region.
Cost of Living in Logan County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,184 | $1,387 | $1,849 | $1,410 | $1,321 |
| 1 adult 4 children | $1,184 | $1,133 | $1,413 | $1,410 | $1,438 |
| 2 adults 3 children | $1,184 | $1,133 | $1,605 | $1,410 | $1,094 |
| 1 adult 3 children | $1,184 | $925 | $1,169 | $1,410 | $1,167 |
| 2 adults 2 children | $889 | $928 | $1,360 | $1,254 | $913 |
| 1 adult 2 children | $889 | $693 | $925 | $1,254 | $881 |
| 2 adults 1 child | $889 | $733 | $1,116 | $750 | $852 |
| 1 adult 1 child | $889 | $474 | $680 | $750 | $723 |
| 2 adults | $719 | $589 | $872 | $0 | $671 |
| 1 adult | $678 | $321 | $436 | $0 | $571 |
Safety trends & Data
Property crime trends in Logan County, Oklahoma show notable fluctuations over the past five years, particularly in burglary and larceny-theft. Burglary cases hit a peak at 21.00 arrests in 2019, dropped to 10.00 in 2021, and then rose again to 20.00 in 2022. Larceny-theft incidents, after peaking at 33.00 arrests in 2018, seem to have stabilized around 17.00 arrests. There was a brief spike in motor vehicle thefts in 2021 with 9.00 arrests. Vandalism also saw an increase to 7.00 arrests in... Read more
Property Crime Trends in Logan County, OK Over the Last 5 Years
Property crime trends in Logan County, Oklahoma over the past five years indicate notable fluctuations, especially in categories like burglary and larceny-theft. For instance, burglary cases peaked at 21.00 arrests in 2019 but saw a decrease to 10.00 in 2021, only to rise again to 20.00 in 2022. Larceny-theft incidents, although generally high, showed variability, with a notable peak of 33.00 arrests in 2018 and a stabilization around 17.00 arrests in subsequent years. Motor vehicle thefts remain relatively low but spiked briefly in 2021 with 9.00 arrests. The trend in vandalism appears inconsistent but saw a noticeable increase to 7.00 arrests in 2022. These trends suggest changing dynamics in property crime, which could impact real estate values, insurance premiums, and community safety plans in Logan County.
Demographics
Logan County, Oklahoma exhibits a fairly balanced gender distribution with a marginally higher female population. Educational attainment skews towards high school graduates and some college experience, indicating a relatively educated populace, although higher degree holders still constitute a notable portion. The age distribution suggests a predominantly middle-aged demographic, emphasizing potential growth in healthcare and retirement services. Racially, the area remains predominantly White,... Read more
Race Distribution in Logan County, Oklahoma (2022)
Educational Attainment in Logan County, Oklahoma (2022)
Age Distribution in Logan County, Oklahoma
Citizen Population in Logan County, Oklahoma (2022)
Political Trends & Data
Logan County, Oklahoma, appears to have a strong Republican leaning, potentially influencing both local and state elections. The 2020 U.S. Presidential Election data suggests that Democratic support is minimal, and third-party votes are nearly negligible. This entrenched political preference might be indicative of broader regional trends, possibly impacting community values and policy... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Logan County in Oklahoma showed a strong lean towards Republican candidates, with an overwhelming majority potentially supporting this party in the 2020 U.S. Presidential Election. Democrats appeared to be significantly less favored, while third-party votes seemed negligible. This trend might indicate a deeply entrenched political preference, which could impact local and state elections and reflect broader regional political inclinations.
72.35% of voters voted for the Republican party in the 2020 Presidential Election
25.29% of voters voted for the Democrat party in the 2020 Presidential Election
1.73% of voters voted for the Livertarian party in the 2020 Presidential Election
0.64% of voters voted for the Other party in the 2020 Presidential Election
School Data
Logan County, Oklahoma has experienced fluctuating student-to-teacher ratios over the past decade, generally above the national average of 14 students per teacher, peaking at 18 in 2021. This trend could be a concern for investors and homebuyers assessing local school performance, and may influence property values based on perceived educational quality. Appraisers, real estate agents, and insurance agents might also find these figures relevant, as they could signal broader demographic shifts or... Read more
Student-to-teacher ratio in Logan County, Oklahoma over the last 10 years
Logan County, Oklahoma has seen fluctuating student-to-teacher ratios over the last decade, with values mostly staying above the national average of 14 students per teacher. The ratio peaked in 2021 at 18, indicating potential challenges in maintaining favorable class sizes and potentially impacting educational quality. Such trends could concern investors and homebuyers evaluating local school district performance, while appraisers and real estate agents might find the data relevant when considering property values influenced by school quality. Furthermore, insurance agents might also keep an eye on these figures, as higher ratios could hint at broader demographic changes or resource allocation shifts in the area.
