Muskogee County Real Estate and Livability Trends
Muskogee County, Oklahoma has seen median home values rise from $91,500 in 2015 to $128,900 in 2022, still trailing state and national averages. Residential energy tax credits surged to $1,826.32 in 2021, reflecting increased investments in energy-efficient homes. Real estate taxes jumped from $1,427.49 in 2012 to $2,456.52 in 2021, and the stable 6% in farm tax returns indicates a steady... Read more
Muskogee County Market Trends
Muskogee County, Oklahoma has experienced significant growth in median home values over the last eight years, rising from $91,500 in 2015 to $128,900 in 2022. Despite this increase, it remains below both the state and national averages. Moreover, the county's residential energy tax credits have surged, peaking at $1826.32 in 2021, highlighting a growing investment in energy-efficient home... Read more
Median Value of Occupied Housing Units in Muskogee County, Oklahoma Over the Last 8 Years
Muskogee County, Oklahoma has seen substantial growth in median home values over the last eight years, increasing from $91,500 in 2015 to $128,900 in 2022. While this county has experienced significant growth, it remains below the state average, which rose from $117,900 to $170,500 over the same period. Nationally, median home values have also outpaced both county and state levels, moving from $125,500 in 2015 to $179,400 in 2022. This makes Muskogee County potentially attractive for those looking for more affordable investment opportunities or homes compared to higher state and national averages.
Residential Energy Tax Credit Per Tax Return in Muskogee County, OK Over the Last 9 Years
Over the last nine years, Muskogee County, Oklahoma has experienced notable fluctuations in residential energy tax credits per tax return. While 2015 saw a low average of $360.00, there was a remarkable peak in 2021 with an average credit of $1826.32. This upward trend indicates a growing investment in energy-efficient improvements, making it an emerging area of interest for those considering property investments, real estate development, or moving to the region. Insurers and appraisers might also find this trend significant as it reflects a potential for increased property value and lower energy costs.
Average Real Estate Taxes Per Tax Return in Muskogee County, OK Over the Last 10 Years
Over the past decade, Muskogee County, Oklahoma has seen a significant rise in average real estate taxes per tax return, escalating from around $1,427.49 in 2012 to roughly $2,456.52 in 2021. The most notable surge occurred between 2017 and 2018, with a jump from approximately $1,796.74 to about $2,436.75. This trend may impact decisions for potential real estate investors, property developers, and those considering moving to the area, as higher property taxes could influence overall property costs and affordability.
Percentage of Farm Returns in Muskogee County, OK Over the Last 10 Years
In the past decade, the percentage of farm tax returns in Muskogee County, Oklahoma, has shown minor fluctuations but generally hovers around 5.6% to 6.3%. Farm tax returns, essentially annual tax filings by farms, indicate economic activity and agricultural presence. This consistency suggests a stable agricultural sector, potentially signaling robust local farming operations which may be appealing for those interested in agricultural investments. With percentages not straying too far from the 6% mark, the area appears to maintain a steady agricultural base, which could be a positive indicator for future growth and investment opportunities in the farming arena.
Number of Mortgages by Occupancy Type in Muskogee County, OK Over the Last 5 Years in Muskogee County
Muskogee County, Oklahoma has seen a consistent demand for principal residences over the past five years, with mortgages for these properties significantly outnumbering those for investment properties and second residences. Investment properties have a more modest but steady presence, indicating a balanced yet potentially lucrative option for investors considering rental income or property value growth. The relatively low numbers for second residences suggest limited interest in vacation homes or secondary living spaces, possibly pointing to an area where lifestyle appeal for non-primary living arrangements is not as strong. Real estate agents, appraisers, and potential investors might find opportunities in the growing principal residence market, while builders and insurance agents could leverage the steady investment property demand to tailor their services. This dynamic could influence pricing strategies, insurance premiums, and development planning in Muskogee County.
Economic Outlook
Muskogee County, Oklahoma, has experienced a general upward trend in average taxable income per tax return, growing from $45,880.23 in 2013 to $54,479.54 by 2021. Paired with a rise in average state and local income taxes, from $4,436.83 in 2012 to $7,734.91 in 2021, and gradual increases in total tax liability, this suggests a strengthening local economy. However, significant fluctuations in poverty rates, peaking at 23.1% in 2017 and dropping to 13.8% in 2018, point to economic volatility.... Read more
Average Taxable Income per Tax Return in Muskogee County, OK over the last 9 years
Over the past nine years in Muskogee County, Oklahoma, there's been a general upward trend in average taxable income per tax return, rising from $45,880.23 in 2013 to $54,479.54 by 2021. This consistent growth could indicate a strengthening local economy, which may appeal to investors, appraisers, and those looking to move or build in the area. For real estate agents, this trend suggests potential increases in property values, while insurance agents might find higher incomes leading to shifts in coverage needs.
Average State and Local Income Taxes Per Tax Return in Muskogee County, OK Over the Last 10 Years
Muskogee County, Oklahoma has experienced a dramatic increase in average state and local income taxes per tax return over the past decade, jumping from approximately $4,436.83 in 2012 to an estimated $7,734.91 in 2021. This significant rise, particularly the sharp escalations since 2018, suggests a changing economic landscape that might impact various stakeholders. Investors, real estate agents, and property builders should consider these trends as they can affect cost projections and financial assessments. For prospective residents or those living in the area, it's important to recognize that increasing taxes could reflect broader changes in public services, infrastructure investments, or economic conditions. Insurance agents and appraisers should also factor these trends into their evaluations and advice to clients.
Average Total Tax Liability Per Tax Return in Muskogee County, OK Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Muskogee County, Oklahoma, has seen a gradual upward trend, peaking at $7,639.60 in 2021. There was a notable dip in 2018, with liabilities dropping to $6,264.62, but the overall trajectory suggests incremental increases. This matters for investors, potential residents, and real estate stakeholders as it may reflect economic growth, changes in income levels, or policy shifts in the county, impacting financial planning and real estate valuations.
Cost of Living in Muskogee County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,034 | $1,424 | $1,885 | $1,092 | $1,072 |
1 adult 4 children | $1,034 | $1,163 | $1,442 | $1,092 | $1,114 |
2 adults 3 children | $1,034 | $1,163 | $1,635 | $1,092 | $851 |
1 adult 3 children | $1,034 | $949 | $1,192 | $1,092 | $841 |
2 adults 2 children | $797 | $952 | $1,385 | $963 | $734 |
1 adult 2 children | $797 | $711 | $942 | $963 | $638 |
2 adults 1 child | $797 | $752 | $1,135 | $544 | $698 |
1 adult 1 child | $797 | $486 | $693 | $544 | $565 |
2 adults | $616 | $604 | $885 | $0 | $573 |
1 adult | $604 | $330 | $443 | $0 | $506 |
Safety trends & Data
Muskogee County, Oklahoma, exhibits fluctuating property crime rates, with a notable reduction in larceny-theft incidents from 2018 ($196.00) to 2020 ($50.00), followed by a moderate uptick in 2022 ($58.00). Burglary peaked in 2021 at $41.00, while motor vehicle theft has been climbing, doubling from 2020 ($11.00) to 2022 ($15.00). Although arson cases remain infrequent, their persistence underscores potential investment risks. Trends in embezzlement, forgery, and fraud are relatively low but... Read more
Property Crime Trends in Muskogee County, OK Over the Last 5 Years
Over the past five years, Muskogee County, Oklahoma, has seen fluctuating property crime rates, with a significant drop in Larceny-Theft incidents from 2018 (196.00) to 2020 (50.00), followed by a moderate increase in 2022 (58.00). Burglary arrests have varied with a notable peak in 2021 (41.00). Motor Vehicle Theft shows an increasing trend, particularly doubling from 2020 (11.00) to 2022 (15.00). Infrequent but persistent cases of Arson highlight potential risks for property investors and developers. Trends in Embezzlement, Forgery, and Fraud remain relatively low but stable, suggesting focused but manageable risks. These insights could be valuable for stakeholders in appraisal, insurance, real estate, and property management within the county.
Demographics
Muskogee County, Oklahoma presents a relatively balanced adult population with a slight female majority. Educational attainment shows a significant portion with only a high school diploma or some college but no degree. The age distribution is skewed towards the younger and middle-aged demographics, hinting at a potentially active workforce. Racial diversity includes a notable presence of American Indian and Alaska Native populations, alongside White and Black or African American residents.... Read more
Race Distribution in Muskogee County, Oklahoma (2022)
Educational Attainment in Muskogee County, Oklahoma (2022)
Age Distribution in Muskogee County, Oklahoma
Citizen Population in Muskogee County, Oklahoma (2022)
Political Trends & Data
Muskogee County, Oklahoma, appears to lean heavily Republican, with around 66% of the 2020 Presidential Election votes likely supporting the GOP. Democrats perhaps captured about 32%, while Libertarians and others barely made a dent with near 1% and less than 1%. This trend might suggest a solid conservative alignment in the area, which could influence local policies and, potentially, the real estate market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Muskogee County in Oklahoma leaned heavily towards the Republican party in the 2020 U.S. Presidential Election, with about 66% of the vote possibly going their way. Democrats seemed to garner around 32%, while Libertarians and other parties made minimal impact, securing roughly 1% and less than 1%, respectively. This distribution could imply a strong Republican presence and a consistent pattern of conservative alignment in the region.
65.89% of voters voted for the Republican party in the 2020 Presidential Election
32.00% of voters voted for the Democrat party in the 2020 Presidential Election
1.27% of voters voted for the Livertarian party in the 2020 Presidential Election
0.83% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past decade, Muskogee County, Oklahoma has experienced fluctuating student-to-teacher ratios, peaking at nearly nineteen in 2017 and dropping to roughly fifteen by 2021. These ratios have generally remained above the national average of fourteen, which could signal challenges in tailored education. This trend might sway family relocation decisions, impacting local real estate dynamics. For real estate professionals, this demographic insight can shed light on community development and... Read more
Student-to-teacher ratio in Muskogee County, Oklahoma over the last 10 years
Over the past decade, Muskogee County, Oklahoma has seen fluctuating student-to-teacher ratios, peaking at nearly nineteen in 2017 and dropping to roughly fifteen by 2021. These values generally stand above the national average of fourteen students per teacher, signaling potential challenges in individualized attention for students. Investors and real estate professionals might consider that larger class sizes could affect local education quality perceptions, potentially influencing family relocation decisions. For appraisers and insurance agents, understanding these demographics can provide insights into community development and potential market demands.