Noble County Real Estate and Livability Trends
Noble County, Oklahoma's real estate market has seen notable changes, with median home values rising from $87,500 in 2015 to $140,900 in 2022. This increase outpaces both state and national averages, potentially reflecting robust market growth and attractive investment returns. Residential energy tax credits spiked in 2015 and peaked between 2019-2020, suggesting periods of heightened... Read more
Noble County Market Trends
In Noble County, Oklahoma, the median home values have markedly risen from $87,500 in 2015 to $140,900 in 2022, reflecting sharper increases compared to state ($117,900 to $170,500) and national averages ($125,500 to $179,400), potentially signaling robust market growth and investment returns. Residential energy tax credits in the county saw a substantial spike in 2015 and peaked in 2019-2020,... Read more
Median Value of Occupied Housing Units in Noble County, Oklahoma Over the Last 8 Years
Noble County, Oklahoma's median home values have experienced consistent growth over the last eight years, rising from $87,500 in 2015 to $140,900 in 2022. This upward trend mirrors the general trajectory seen at both the state and national levels, though it's worth noting that Noble County's values started lower and have increased more sharply. By comparison, Oklahoma's state median values went from $117,900 to $170,500, while the national figures soared from $125,500 to $179,400 over the same period. This trajectory suggests potentially higher short-term returns for investors and signals robust local market expansion for those considering moving to or investing in the area.
Residential Energy Tax Credit Per Tax Return in Noble County, OK Over the Last 8 Years
Noble County, Oklahoma has shown fluctuating trends in average residential energy tax credits per tax return over the past eight years. Notably, there was a significant increase in the tax credits around 2015, spiking to $900.00 from the previous years' average of approximately $542.86. The highest values were observed in 2019 and 2020 at $1450.00, suggesting a potential increase in investments in energy-efficient upgrades during those years. However, the credit amounts dipped sharply to $350.00 in 2021. These patterns might interest property developers and real estate agents considering the potential correlation between energy efficiency investments and market dynamics in the region.
Average Real Estate Taxes Per Tax Return in Noble County, OK Over the Last 10 Years
Noble County, Oklahoma, has seen fluctuating real estate taxes over the last decade, with a noticeable spike in 2018 reaching $2,360.00 per return. While taxes were relatively stable around $1,400.00 to $1,700.00 from 2012 to 2016, there's a significant upward trend from 2017 onward, averaging above $2,000.00 annually in recent years. This increase could indicate rising property values or changes in local tax policies, potentially impacting investment decisions and property valuations significantly. For real estate agents, insurance agents, and prospective buyers, this trend suggests a need to factor in higher ongoing costs when considering property in Noble County.
Percentage of Farm Returns in Noble County, OK Over the Last 10 Years
Noble County, Oklahoma, has shown fluctuations in the percentage of farm tax returns over the past decade, ranging from 13.87% in 2019 to a high of 15.67% in 2012. This data could be indicative of shifts in agricultural activity, land use, or economic conditions in the region. For those considering investment or relocation, these variations might suggest changing levels of agricultural productivity and differing opportunities or risks linked to farming and property development in the area. Understanding farm tax returns can help prospective investors gauge the robustness of the agricultural sector, which can influence property values and economic stability.
Number of Mortgages by Occupancy Type in Noble County, OK Over the Last 5 Years in Noble County
Over the last 5 years in Noble County, Oklahoma, mortgage counts show a notable fluctuation in occupancy types, with principal residences consistently dominating, peaking at 384 in 2021. Investment properties and second residences, however, have seen much lower and more variable numbers, with investment properties reaching a high of 23 in 2019 but later dwindling. Understanding these shifts can be crucial for investors eyeing market demand, appraisers assessing property values, and real estate agents tailoring their services. A surge in principal residences could hint at a growing local population or favorable living conditions, while variations in investment properties might reflect changing market trends or economic health.
Economic Outlook
Noble County, Oklahoma has witnessed significant fluctuations in economic indicators over the past decade, including average taxable income, state and local income taxes, and total tax liabilities. Average taxable income varied from a low of $51,699.79 in 2016 to a high of $61,140.64 in 2021, hinting at a potential recovery and growth. Average state and local income taxes also saw considerable variation, peaking at $6,704.35 in 2014 before dropping and stabilizing around $6,500. Meanwhile,... Read more
Average Taxable Income per Tax Return in Noble County, OK over the last 9 years
Over the past nine years, Noble County, Oklahoma has seen fluctuations in the average taxable income per tax return, ranging from a low of $51,699.79 in 2016 to a high of $61,140.64 in 2021. Although there have been ups and downs, the general trend suggests a potential recovery and growth in recent years, which might catch the eye of real estate agents and investors looking for promising areas. For appraisers and insurance agents, understanding these income trends could aid in evaluating property values and risk assessments. Residents and those considering moving to the area may find the variability significant, as it reflects the economic stability and growth potential of Noble County.
Average State and Local Income Taxes Per Tax Return in Noble County, OK Over the Last 10 Years
Over the past decade, Noble County, Oklahoma has seen some notable fluctuations in average state and local income taxes per tax return. Notably, there was a significant increase from $5,245.71 in 2012 to $6,704.35 in 2014. This was followed by a dip to $4,752.05 in 2017, but the value rebounded to $6,619.05 in 2018 and remained relatively stable around the $6,500 mark thereafter. For potential investors or residents, this trend could indicate varying economic conditions, influencing decisions on moving or investing in the area.
Average Total Tax Liability Per Tax Return in Noble County, OK Over the Last 10 Years
The last decade has seen notable fluctuations in the average total tax liability per return in Noble County, Oklahoma. After reaching a peak of $10,241.30 in 2014, there was a significant drop over the following years, hitting a low of $7,031.53 in 2018. However, there has been a modest recovery since then, with the 2021 figure standing at $7,959.63. This volatility could suggest varying economic conditions and policy changes that might influence decisions for investors, property developers, and real estate professionals considering the area.
Cost of Living in Noble County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,133 | $1,452 | $2,142 | $1,251 | $1,368 |
| 1 adult 4 children | $1,133 | $1,186 | $1,641 | $1,251 | $1,457 |
| 2 adults 3 children | $1,133 | $1,186 | $1,857 | $1,251 | $1,118 |
| 1 adult 3 children | $1,133 | $968 | $1,356 | $1,251 | $1,162 |
| 2 adults 2 children | $797 | $971 | $1,572 | $1,104 | $904 |
| 1 adult 2 children | $797 | $725 | $1,071 | $1,104 | $839 |
| 2 adults 1 child | $797 | $767 | $1,288 | $624 | $835 |
| 1 adult 1 child | $797 | $496 | $786 | $624 | $668 |
| 2 adults | $706 | $616 | $1,003 | $0 | $684 |
| 1 adult | $619 | $336 | $501 | $0 | $565 |
Safety trends & Data
Larceny-theft consistently remains the most frequent property crime in Noble County, Oklahoma, suggesting a potential area of concern for local businesses and residents. Burglary incidents show an erratic pattern but spiked notably in 2019 and 2022, indicating potential vulnerabilities in property security. Motor vehicle thefts and fraud-related crimes appear sporadic, yet their occurrences could impact insurance premiums and residents' sense of safety. Vandalism and stolen property offenses... Read more
Property Crime Trends in Noble County, OK Over the Last 5 Years
Larceny-theft consistently remains the most frequent property crime in Noble County, Oklahoma, suggesting a potential area of concern for local businesses and residents. Burglary incidents show an erratic pattern but spiked notably in 2019 and 2022, indicating potential vulnerabilities in property security. Motor vehicle thefts and fraud-related crimes appear sporadic, yet their occurrences could impact insurance premiums and residents' sense of safety. Vandalism and stolen property offenses exhibit minor fluctuations that could influence local real estate valuations and community investments. These trends may inform decisions for investors and real estate agents to prioritize security features in their offerings.
Demographics
Noble County, Oklahoma's adult population appears to be nearly balanced between males and females. Educational attainment shows a significant proportion of residents with at least a high school diploma, while a smaller number hold graduate degrees. Age distribution suggests a sizeable senior demographic alongside a prominent younger population under 34 years old. Racially, the county is predominantly White, with smaller representations from American Indian and Alaska Native groups, among... Read more
Race Distribution in Noble County, Oklahoma (2022)
Educational Attainment in Noble County, Oklahoma (2022)
Age Distribution in Noble County, Oklahoma
Citizen Population in Noble County, Oklahoma (2022)
Political Trends & Data
Noble County, Oklahoma leans strongly conservative based on the 2020 U.S. Presidential Election, with an estimated 77% of votes for the Republican candidate. About 20% may have gone to the Democratic candidate, and less than 2% to minor parties like the Libertarians. This distribution might indicate a predominantly Republican voter base, which could influence local policy and community development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Noble County, Oklahoma appeared to lean heavily Republican in the 2020 U.S. Presidential Election, with an estimated 77% of votes potentially going to the Republican candidate. The Democratic candidate might have secured around 20% of the vote, while minor parties like the Libertarians and others collectively made up less than 2%. This distribution suggests a strong conservative presence in Noble County.
77.38% of voters voted for the Republican party in the 2020 Presidential Election
20.31% of voters voted for the Democrat party in the 2020 Presidential Election
1.48% 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
Noble County, Oklahoma's student-to-teacher ratio has stayed around 12 students per teacher over the past decade, consistently lower than the national average of 14. This trend could be attractive for families seeking better educational environments and might positively influence property values. Investors and builders might see these stable education metrics as enhancing community appeal, and insurance agents and appraisers could consider this data when assessing risk or property values, due... Read more
Student-to-teacher ratio in Noble County, Oklahoma over the last 10 years
Over the past decade, Noble County, Oklahoma has seen its student-to-teacher ratio fluctuate, moving from 12 in 2014 to 12 in 2023, with some minor peaks and troughs in between. The county has consistently maintained a lower ratio compared to the national average of 14 students per teacher, indicating potentially more individualized attention per student in the classroom. This trend might be appealing for families considering moving to the area and for real estate agents highlighting the quality of local education. For investors or builders, stable or improving education metrics can enhance property values and community appeal. Insurance agents and appraisers could also find this data useful when assessing risk or property values, as the quality of local schools can significantly impact market dynamics.
