Okfuskee County Real Estate and Livability Trends
Okfuskee County, Oklahoma is seeing steady growth in average taxable income per tax return, increasing from $39,049.62 in 2013 to $44,124.42 by 2021, despite minor setbacks. Median home values have also climbed, reaching $104,300 in 2022, suggesting possible investment opportunities. Real estate taxes more than doubled over the past decade, potentially reflecting rising property values or tax... Read more
Okfuskee County Market Trends
In Okfuskee County, Oklahoma, the median home values have generally trended upwards over the past eight years, reaching $104,300 in 2022, although still lower than state and national medians, highlighting potential investment opportunities. Residential Energy Tax Credits have fluctuated, with notable variations suggesting fluctuating investments in energy-efficient upgrades. Average real estate... Read more
Median Value of Occupied Housing Units in Okfuskee County, Oklahoma Over the Last 8 Years
Over the past eight years, Okfuskee County, Oklahoma's median home values have generally trended upwards, reaching $104,300 in 2022. While this is a sizable increase, it is still notably lower than both the state median of $170,500 and the national median of $179,400 for the same year. This discrepancy might present potential investment opportunities for those looking to purchase property at a lower entry price within the county while witnessing continual growth. Such a trend could also influence decisions for prospective residents or developers considering this Oklahoma region.
Residential Energy Tax Credit Per Tax Return in Okfuskee County, OK Over the Last 4 Years
Over the past four years, the average Residential Energy Tax Credit per tax return in Okfuskee County, Oklahoma has shown marked fluctuations. The tax credit amount has varied from a low of approximately $233.33 in 2014 to a high of about $450.00 in 2015, reflecting changing investment levels in energy-efficient home improvements. These trends might be useful for investors, real estate agents, and homeowners who are interested in the potential for tax savings through energy-efficient upgrades.
Average Real Estate Taxes Per Tax Return in Okfuskee County, OK Over the Last 10 Years
Over the past decade, Okfuskee County in Oklahoma has seen its average real estate taxes per tax return increase noticeably, rising from approximately $955.56 in 2012 to $1942.86 in 2021. This trend may suggest a steady rise in property values or increased tax rates. Particularly significant jumps in the years 2018 and 2020, with property taxes reaching $1425.00 and $2171.43 respectively, might be indicative of wider economic shifts or local fiscal policies impacting property investments. Potential investors, homeowners, and real estate professionals should consider these patterns as they could indicate future growth or financial planning needs.
Percentage of Farm Returns in Okfuskee County, OK Over the Last 10 Years
The percentage of farm tax returns in Okfuskee County, Oklahoma has seen slight fluctuations over the last decade, generally hovering between 16.76% and 19.10%. These returns peaked in 2018 at 19.10% but dropped to 16.76% by 2020 before showing a slight recovery in 2021. Farm tax returns are essentially a measure of how much of the county's income is derived from agricultural activities, and this data could suggest how reliant the area's economy is on farming. For those looking to invest, build, or move to Okfuskee County, this trend might indicate a stable albeit modest agricultural presence that could influence property values, investment opportunities, and economic growth.
Number of Mortgages by Occupancy Type in Okfuskee County, OK Over the Last 5 Years in Okfuskee County
In Okfuskee County, Oklahoma, over the last five years, the trend in mortgage counts suggests a notable stability in investments and second residences, with slight fluctuations. A significant surge occurred in principal residence mortgages in 2021, which saw a peak at 357 before normalizing back to 256 the following year. Changes in occupancy type matter because they can signal shifts in the local real estate market dynamics, housing demand, and potentially affect property valuations. For investors and real estate agents, understanding these trends can help gauge market conditions, while appraisers and insurance agents might see these data points influencing appraisals and insurance premiums. Those considering moving to or establishing roots in the area could find the patterns indicative of neighborhood stability and investment potential.
Economic Outlook
Okfuskee County, Oklahoma has shown a generally increasing trend in average taxable income per tax return, rising from $39,049.62 in 2013 to $44,124.42 by 2021, highlighting robust economic resilience despite some dips in 2016 and 2020. The average state and local income taxes per tax return also climbed, peaking at $5,361.54 in 2019 before a slight decline in 2020 and a recovery to $5,333.33 in 2021, underscoring an increasing tax burden for residents. While fluctuations in total tax liability... Read more
Average Taxable Income per Tax Return in Okfuskee County, OK over the last 9 years
Okfuskee County, Oklahoma has displayed a generally increasing trend in average taxable income per tax return over the past nine years, with some fluctuations. In 2013, the average stood at $39,049.62 and saw a steady rise to $44,124.42 by 2021. Notable dips occurred in 2016 and 2020, but the overall pattern indicates potential economic resilience and growth. This suggests that the county could be an attractive area for investment or property development, with the income levels hinting at a sound economic base.
Average State and Local Income Taxes Per Tax Return in Okfuskee County, OK Over the Last 10 Years
In Okfuskee County, Oklahoma, the average state and local income taxes per tax return have generally increased over the last decade, with notable fluctuations. The average taxes peaked at $5,361.54 in 2019, followed by a slight decrease to $5,000.00 in 2020, and then experienced a rebound to $5,333.33 in 2021. This trend indicates a rising tax burden over time, which could be a crucial factor for potential investors, homebuyers considering the area, and financial planners advising clients on the economic landscape.
Average Total Tax Liability Per Tax Return in Okfuskee County, OK Over the Last 10 Years
Over the past decade, Okfuskee County, Oklahoma has experienced fluctuations in the average total tax liability per tax return, with figures generally ranging from approximately $4,579.62 to $5,133.57. Notable dips occurred around 2016 and 2017, suggesting possible economic shifts or changes in tax policy during those years. However, the latest data from 2021 indicates a rebound and potential growth, which could be an encouraging sign for prospective investors, property developers, and real estate agents interested in this region.
Cost of Living in Okfuskee County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $971 | $1,355 | $2,142 | $960 | $1,122 |
| 1 adult 4 children | $971 | $1,107 | $1,641 | $960 | $1,157 |
| 2 adults 3 children | $971 | $1,107 | $1,857 | $960 | $894 |
| 1 adult 3 children | $971 | $904 | $1,356 | $960 | $870 |
| 2 adults 2 children | $797 | $906 | $1,572 | $847 | $782 |
| 1 adult 2 children | $797 | $677 | $1,071 | $847 | $685 |
| 2 adults 1 child | $797 | $716 | $1,288 | $479 | $749 |
| 1 adult 1 child | $797 | $463 | $786 | $479 | $604 |
| 2 adults | $706 | $575 | $1,003 | $0 | $659 |
| 1 adult | $619 | $314 | $501 | $0 | $551 |
Safety trends & Data
Property crime trends in Okfuskee County, Oklahoma, show fluctuating values across different offense types. Burglary incidents peaked in 2019 with 13 cases but dropped to just 2 cases by 2022. Larceny-theft has been relatively stable, with a slight uptick to 14 cases recently. Motor vehicle theft has minimal annual variations, mostly around 1 to 2 cases per year. Vandalism spiked in 2021 but has otherwise been low. These crime patterns could be pivotal for potential investors, real estate... Read more
Property Crime Trends in Okfuskee County, OK Over the Last 5 Years
Property crime trends in Okfuskee County, Oklahoma over the past five years indicate fluctuating values across different offense types. Burglary incidents saw a peak in 2019 with 13 reported cases but showed a significant decline by 2022 to just 2 cases. Larceny-theft has remained relatively consistent, with a slight increase in the most recent year to 14 cases. Motor vehicle theft has reported minimal annual variations, mostly holding steady at around 1 to 2 cases per year. Vandalism incidents spiked in 2021 and have generally been low across other years. This ebb and flow in crime statistics could be vital for potential investors, real estate agents, and residents assessing property values and security in the area.
Demographics
Okfuskee County, Oklahoma, showcases a diverse demographic profile. While there is a slightly larger male population, educational attainment appears varied, with a significant portion of residents having a high school diploma or some college education. The age distribution highlights a balanced mix across different age groups, suggesting a stable community with a range of generations living side by side. Racially, the county is predominantly White, but it also includes significant numbers of... Read more
Race Distribution in Okfuskee County, Oklahoma (2022)
Educational Attainment in Okfuskee County, Oklahoma (2022)
Age Distribution in Okfuskee County, Oklahoma
Citizen Population in Okfuskee County, Oklahoma (2022)
Political Trends & Data
In Okfuskee County, Oklahoma, the 2020 U.S. Presidential Election results underscore a strong conservative tilt, with the Republican candidate securing almost 76% of the vote. The Democratic candidate trailed significantly with roughly 22%, while Libertarians and other minor parties collectively captured under 2%. This political landscape likely influences local attitudes and priorities, potentially impacting policy preferences and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Okfuskee County in Oklahoma leaned heavily Republican in the 2020 U.S. Presidential Election, with nearly 76% of the vote going to the Republican candidate, which suggests a strong conservative presence. The Democratic candidate received about 22%, indicating relatively lower support compared to the Republican vote. Smaller parties had minimal impact, with the Libertarian candidate capturing just over 1% and other parties collectively garnering less than 1%. This distribution might reflect prevailing local sentiments and possibly prioritizes conservative policies.
75.73% of voters voted for the Republican party in the 2020 Presidential Election
22.19% of voters voted for the Democrat party in the 2020 Presidential Election
1.21% of voters voted for the Livertarian party in the 2020 Presidential Election
0.87% of voters voted for the Other party in the 2020 Presidential Election
School Data
Okfuskee County, Oklahoma's student-to-teacher ratio has shifted over the past decade, averaging around 14:1, which is in line with the national average. Notably, the ratio hit highs of around 15:1 in 2017 and 2023 but dropped to approximately 12:1 in 2021. These fluctuations may reflect changes in school funding, enrollment, or teacher numbers, affecting classroom dynamics and possibly making the region appealing for families valuing personalized education or education professionals looking... Read more
Student-to-teacher ratio in Okfuskee County, Oklahoma over the last 10 years
Okfuskee County, Oklahoma has seen fluctuating student-to-teacher ratios over the past decade, generally hovering around the national average of 14 students per teacher. The ratio peaked at around fifteen students in 2017 and 2023 but fell to approximately twelve students in 2021, indicating possible shifts in school funding, enrollment rates, or teacher availability. This variation can significantly influence classroom dynamics, potentially making the area attractive for families prioritizing personalized education or for education professionals seeking favorable working conditions. Real estate agents, investors, and new residents might find these trends crucial when considering the local education system's quality.
