Marshall County Real Estate and Livability Trends
The average taxable income per tax return in Marshall County, Oklahoma has risen from $42,670.47 in 2013 to approximately $58,835.90 by 2021, alongside spikes in state and local income taxes peaking at $6,400.00 in 2020. Median home values surged from $85,700 in 2015 to $136,500 in 2022, suggesting increased demand or local development, yet the area remains more affordable compared to state and... Read more
Marshall County Market Trends
Marshall County, Oklahoma's median home values have surged from $85,700 in 2015 to $136,500 in 2022, hinting at increased demand or local development. Despite this, the area remains relatively more affordable than the state average of $170,500 and the national average of $179,400 in 2022. Residential energy tax credits have also seen a significant rise, peaking at $958.33 in 2021, suggesting a... Read more
Median Value of Occupied Housing Units in Marshall County, Oklahoma Over the Last 8 Years
Marshall County, Oklahoma has seen a remarkable climb in median home values over the past eight years, with growth from $85,700 in 2015 to $136,500 in 2022. This sharp increase, especially noticeable from 2020 onwards, could indicate a growing demand or potentially a boost in local development. Compared to Oklahoma's state average, which rose from $117,900 in 2015 to $170,500 in 2022, and the national average, which went from $125,500 to $179,400 during the same period, Marshall County’s housing market appears to be relatively affordable but is catching up. For investors and prospective homeowners, this upward trend might be a signal of future growth potential in the area.
Residential Energy Tax Credit Per Tax Return in Marshall County, OK Over the Last 8 Years
Marshall County, Oklahoma has seen considerable fluctuations in residential energy tax credits per tax return over the past eight years, with a notable upward trend in recent years. After a dip to $283.33 in 2014, the average credit increased significantly, reaching $700.00 in 2019 and peaking at $958.33 in 2021. This trend could suggest growing investments in energy-efficient upgrades among homeowners, potentially driven by state or federal incentives. For potential investors, appraisers, or real estate agents, the increasing tax credits might indicate a vibrant market focused on sustainability and energy efficiency.
Average Real Estate Taxes Per Tax Return in Marshall County, OK Over the Last 10 Years
Marshall County, Oklahoma has seen a notable fluctuation in real estate taxes over the past decade, with a substantial increase observed in recent years. From a modest $1,454.32 in 2012, taxes peaked dramatically at $2,404.35 in 2018 before slightly stabilizing around the $2,350.00-$2,450.00 range by 2021. This significant rise in average real estate taxes could suggest escalating property values or increased local tax rates, potentially impacting investment decisions, appraised property values, and insurance premiums. For real estate professionals and those considering moving or investing in the area, staying cognizant of these trends is crucial in evaluating long-term financial implications.
Percentage of Farm Returns in Marshall County, OK Over the Last 10 Years
Marshall County, Oklahoma shows a relatively steady trend in the percentage of farm tax returns over the last 10 years, fluctuating slightly between 7.12% and 8.08%. Farm tax returns indicate how many individuals or entities are filing taxes based on income predominantly generated through farming activities. These figures might suggest some stability in the county's agricultural sector, which could be a key consideration for investors, builders, or those looking to relocate to the area. The stable percentages may reflect a consistent agricultural presence, potentially signaling a dependable environment for agribusiness investments or related developments.
Number of Mortgages by Occupancy Type in Marshall County, OK Over the Last 5 Years in Marshall County
Marshall County, Oklahoma has experienced fluctuations in mortgage counts over the last five years across different occupancy types. There's variability in investment properties, with counts rising from 28 in 2018 to a peak of 87 in 2022. Principal residence mortgages also show ups and downs, peaking at 788 in 2021, while second residences saw a notable increase in 2021 at 135, before dropping to 86 in 2022. Changes in occupancy types could matter significantly for investors and real estate agents, indicating shifting preferences or economic factors influencing buying behavior. Appraisers and insurance agents might also see these trends as indicators of market risk or insurance portfolio adjustments. For those looking to build or move, understanding these shifts helps in gauging neighborhood stability and long-term property value.
Economic Outlook
In Marshall County, Oklahoma, the average taxable income per tax return has seen a rise, jumping from $42,670.47 in 2013 to around $58,835.90 by 2021, with a significant spike between 2017 and 2018. Average state and local income taxes also increased, peaking at $6400.00 in 2020, suggesting higher tax burdens potentially due to rising incomes. Notably, the average total tax liability per tax return went from $6,617.27 in 2012 to $8,843.28 in 2021, indicating a growing economic base and possibly... Read more
Average Taxable Income per Tax Return in Marshall County, OK over the last 9 years
In Marshall County, Oklahoma, the average taxable income per tax return has seen notable fluctuations over the last nine years. Starting at approximately $42,670.47 in 2013, there was a gradual rise, peaking significantly at around $58,835.90 in 2021. Particularly striking is the notable jump between 2017 and 2018, where incomes rose from about $47,590.44 to roughly $53,024.35, suggesting robust economic growth or higher employment rates. Such trends could be attractive for potential investors or developers looking to gauge the area's financial health and growth potential. Real estate and insurance professionals might find this data valuable for understanding income trends, which could affect housing markets and policy pricing.
Average State and Local Income Taxes Per Tax Return in Marshall County, OK Over the Last 10 Years
Over the past decade, Marshall County, Oklahoma has seen some fluctuations in average state and local income taxes per tax return. Despite a slight decline around 2016, the trend has generally been upward, peaking in 2020 at $6400.00. This increase signifies growing tax burdens, potentially reflecting economic changes or rising incomes. Such trends could be crucial for investors and real estate agents assessing the financial landscape, or for those looking to move to understand the tax implications.
Average Total Tax Liability Per Tax Return in Marshall County, OK Over the Last 10 Years
Marshall County, Oklahoma's average total tax liability per tax return has shown a notable increase over the past decade, rising from approximately $6,617.27 in 2012 to $8,843.28 in 2021. This trend suggests a growing economic base and possibly increasing property values within the area. The spike observed in 2018 and the subsequent rise in 2021 could be indicative of both local economic developments and broader economic factors affecting residents' tax situations. This data is particularly relevant for investors, real estate agents, and those considering relocating or building in the region, offering insights into fiscal dynamics and potential investment opportunities.
Cost of Living in Marshall County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $998 | $1,408 | $2,142 | $1,062 | $1,185 |
| 1 adult 4 children | $998 | $1,149 | $1,641 | $1,062 | $1,246 |
| 2 adults 3 children | $998 | $1,150 | $1,857 | $1,062 | $947 |
| 1 adult 3 children | $998 | $939 | $1,356 | $1,062 | $935 |
| 2 adults 2 children | $797 | $941 | $1,572 | $937 | $812 |
| 1 adult 2 children | $797 | $703 | $1,071 | $937 | $721 |
| 2 adults 1 child | $797 | $744 | $1,288 | $530 | $767 |
| 1 adult 1 child | $797 | $481 | $786 | $530 | $619 |
| 2 adults | $605 | $598 | $1,003 | $0 | $628 |
| 1 adult | $601 | $326 | $501 | $0 | $547 |
Safety trends & Data
Marshall County, Oklahoma has seen varying property crime rates over the past five years, with Larceny-Theft peaking at 73.00 incidents in 2019 and briefly dropping to 42.00 in 2020. Motor Vehicle Theft hit its highest in 2020 with 11.00 incidents. Generally, reports of fraud, vandalism, and stolen property possession have stayed relatively low. These trends may concern stakeholders assessing the locality's security, potentially affecting property values and insurance... Read more
Property Crime Trends in Marshall County, OK Over the Last 5 Years
Marshall County, Oklahoma has experienced fluctuations in property crime over the past five years. Larceny-Theft consistently remains the most common property crime, peaking at 73.00 incidents in 2019 and bottoming out at 42.00 in 2020. Motor Vehicle Theft saw its highest point in 2020 with 11.00 incidents, while generally fewer cases of fraud, vandalism, and stolen property possession were reported, all remaining relatively low. The data suggests potential areas of concern for stakeholders looking into the locality's security trends, which could impact property values and insurance considerations.
Demographics
Marshall County, Oklahoma saw a slight male majority in its adult population in 2022. Educational attainment varies, with the largest group being high school graduates, but fewer residents holding advanced degrees. Age distribution shows a significant portion of the population is over 55, hinting at an aging demographic. The racial composition is predominantly White, with notable representations of American Indian and Alaska Native individuals and some other... Read more
Race Distribution in Marshall County, Oklahoma (2022)
Educational Attainment in Marshall County, Oklahoma (2022)
Age Distribution in Marshall County, Oklahoma
Citizen Population in Marshall County, Oklahoma (2022)
Political Trends & Data
Marshall County, Oklahoma displayed a marked preference for the Republican Party in the 2020 U.S. Presidential Election, capturing over 80% of the vote. Democrats trailed significantly with around 18%, and Libertarians garnered just under 1%, with other parties barely making a dent. This strong conservative lean could provide insights into the broader political landscape in the area, potentially influencing local business climates, policy decisions, and even real estate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Marshall County, Oklahoma showed a dominant leaning towards the Republican Party in the 2020 U.S. Presidential Election, with over 80% of the vote. The Democrat Party followed distantly with around 18%, while the Libertarian Party secured just under 1%. Other parties, including the Green Party, captured negligible support. This trend highlights the county's strong preference for conservative candidates and might indicate broader political dynamics in the region.
80.66% of voters voted for the Republican party in the 2020 Presidential Election
18.14% of voters voted for the Democrat party in the 2020 Presidential Election
0.82% of voters voted for the Livertarian party in the 2020 Presidential Election
0.38% of voters voted for the Other party in the 2020 Presidential Election
School Data
Marshall County, Oklahoma has seen a student-to-teacher ratio hovering around 15 to slightly over 16, which exceeds the national average of 14. These variations could hint at further adjustments in educational resources, potentially affecting real estate investments. For potential investors and developers, the student-teacher ratio is a key indicator of community desirability and might influence family relocation decisions, making it critical to monitor these trends for strategic... Read more
Student-to-teacher ratio in Marshall County, Oklahoma over the last 10 years
Marshall County, Oklahoma has seen fluctuations in its student-to-teacher ratio over the past decade, with values ranging from around 15 to slightly over 16. These variations can impact investment and real estate decisions as they may reflect changing educational resources or population trends. Notably, Marshall County's ratio generally hovers above the national average of 14 students per teacher, suggesting potential improvements or adjustments in educational staffing might be needed to attract families considering relocation. Investors and developers should consider these factors, as educational quality remains a significant determinant of community desirability.
