Okmulgee County Real Estate and Livability Trends
Okmulgee County, Oklahoma has seen a steady climb in average taxable income, reaching $49,776.60 in 2021, with state and local taxes also increasing substantially. Median home values have risen to $106,300 by 2022, remaining affordable relative to broader metrics. The trend of residential energy tax credits jumping to $1,200.00 in recent years indicates a local focus on energy efficiency... Read more
Okmulgee County Market Trends
Okmulgee County, Oklahoma has experienced consistent growth in median home values, reaching $106,300 in 2022 from $78,800 in 2015, which remains more affordable compared to both the state and national medians. The county has also seen a notable rise in average residential energy tax credits, jumping from about $331.58 in 2013 to $1,200.00 in 2021, indicating growing investment in energy... Read more
Median Value of Occupied Housing Units in Okmulgee County, Oklahoma Over the Last 8 Years
Okmulgee County, Oklahoma has seen consistent growth in median home values over the past eight years, jumping from $78,800 in 2015 to $106,300 in 2022. Despite this upward trend, it remains more affordable when compared to both the Oklahoma state average, which rose to $170,500, and the national median at $179,400 in 2022. This makes Okmulgee County a potentially attractive location for investors or homebuyers seeking lower entry costs in a market where property values are likely to continue appreciating over time.
Residential Energy Tax Credit Per Tax Return in Okmulgee County, OK Over the Last 9 Years
Okmulgee County, Oklahoma has seen a notable upward trend in average residential energy tax credits per tax return over the past nine years, starting at around $331.58 in 2013 and reaching $1,200.00 in 2021. The most significant jumps occurred between 2017 and 2019, suggesting increased adoption or investment in energy-efficient measures within residential properties. This uptick may indicate growing homeowner awareness and commitment to energy efficiency, potentially offering attractive incentives for new property buyers, investors, and real estate agents looking to market energy-efficient homes. For appraisers and insurance agents, these trends might justify reassessments of home values and potential risk adjustments based on energy efficiency investments.
Average Real Estate Taxes Per Tax Return in Okmulgee County, OK Over the Last 10 Years
In Okmulgee County, Oklahoma, the average real estate taxes per tax return have generally increased over the last decade. Starting from approximately $1,191.56 in 2012, there’s been a steady rise, peaking at about $2,206.67 in 2020 before a slight decrease to $2,117.39 in 2021. This upward trend could indicate rising property values or changes in tax rates, making it important for potential investors, homeowners, and real estate agents to consider potential future costs and market dynamics.
Percentage of Farm Returns in Okmulgee County, OK Over the Last 10 Years
Over the past decade, Okmulgee County, Oklahoma has mostly seen a stable percentage of farm tax returns, floating around 7.14% to 8.05%. These returns saw a subtle peak in 2015 at 8.05%, followed by a fluctuating decline to a low of 7.14% in 2020. This suggests that while farming remains a steady aspect of the county's economy, there could be slight shifts in agricultural activity. Farm tax returns are documents submitted by agricultural entities detailing their income and expenses for taxation purposes. These trends are useful indicators for investors, developers, and potential residents interested in the county, providing insights into the vitality and stability of the local farming economy, which can have broader implications for land use, economic opportunities, and community support services.
Number of Mortgages by Occupancy Type in Okmulgee County, OK Over the Last 5 Years in Okmulgee County
Over the past five years, Okmulgee County, Oklahoma has seen a consistent dominance of principal residence mortgages, with counts generally increasing from 2018 to 2022. Investment properties have stayed relatively stable, whereas second residence mortgages have shown slight variability. These trends might matter for investors, real estate agents, and anyone considering moving to the area because a growing number of principal residences could indicate a stable or increasing local population, potentially boosting the local economy and infrastructure development. Meanwhile, the relative steadiness of investment properties might suggest a consistent interest in rental or commercial opportunities within the county. Changes in these occupancy types will influence property values, lending risks, and insurance premiums, providing vital context for decision-making in real estate and financial planning.
Economic Outlook
Okmulgee County, Oklahoma, has experienced a steady rise in average taxable income per tax return, climbing from $42,260.76 in 2013 to $49,776.60 in 2021. Alongside this, state and local income taxes have surged, particularly post-2017, growing from around $4,163.38 in 2012 to $6,562.00 in 2021. Additionally, average total tax liabilities have hovered between $5,550 and $6,360, with notable peaks in 2015 and 2021. These trends suggest potential economic growth, making the area attractive for... Read more
Average Taxable Income per Tax Return in Okmulgee County, OK over the last 9 years
Over the past nine years, Okmulgee County, Oklahoma has seen a steady increase in average taxable income per tax return, rising from $42,260.76 in 2013 to $49,776.60 in 2021. This upward trend, with minor fluctuations, suggests potential economic growth in the area, which might interest investors and those considering relocating. The notable rise in income may also impact property values and insurance rates, making it relevant for real estate agents and appraisers to factor in.
Average State and Local Income Taxes Per Tax Return in Okmulgee County, OK Over the Last 10 Years
Over the past decade, Okmulgee County, Oklahoma has seen a notable increase in average state and local income taxes per tax return, rising from approximately $4,163.38 in 2012 to around $6,562.00 in 2021. This upward trajectory, especially with sharp increases post-2017, could be of interest to potential investors, real estate agents, and insurance agents as it might reflect economic growth or demographic changes impacting local revenue policies. For appraisers and those looking to build property in the area, understanding this tax trend is crucial for financial planning and assessing future tax implications.
Average Total Tax Liability Per Tax Return in Okmulgee County, OK Over the Last 10 Years
Over the past decade, Okmulgee County in Oklahoma has seen fluctuating average total tax liabilities per tax return, generally hovering around $5,550 to $6,360. Notable peaks occurred in 2015 ($6,363.79) and 2021 ($6,222.31), while 2016 experienced a noticeable dip to $5,795.66. Tax liabilities have generally trended upward, suggesting modest economic growth or changes in tax policy. These figures could impact the desirability of property investment, with potential implications for real estate markets and property taxes.
Cost of Living in Okmulgee County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,031 | $1,351 | $1,930 | $1,116 | $1,089 |
| 1 adult 4 children | $1,031 | $1,103 | $1,476 | $1,116 | $1,137 |
| 2 adults 3 children | $1,031 | $1,104 | $1,675 | $1,116 | $866 |
| 1 adult 3 children | $1,031 | $901 | $1,220 | $1,116 | $867 |
| 2 adults 2 children | $797 | $904 | $1,419 | $993 | $753 |
| 1 adult 2 children | $797 | $675 | $965 | $993 | $665 |
| 2 adults 1 child | $797 | $714 | $1,164 | $593 | $723 |
| 1 adult 1 child | $797 | $461 | $710 | $593 | $591 |
| 2 adults | $605 | $574 | $908 | $0 | $580 |
| 1 adult | $601 | $313 | $454 | $0 | $516 |
Safety trends & Data
Property crime trends in Okmulgee County, Oklahoma, reveal fluctuating risk levels over the past five years. Larceny-Theft spiked at 182.00 cases in 2020 but fell sharply to 55.00 by 2022, while Burglary saw a similar rise and fall, peaking at 42.00 cases in 2020 and dropping to 12.00 in 2021 before a slight increase to 17.00 in 2022. Motor Vehicle Theft also showed variation, heightening in 2020 with 31.00 cases and settling at 17.00 by 2022. Embezzlement and Fraud remain low yet consistent.... Read more
Property Crime Trends in Okmulgee County, OK Over the Last 5 Years
Over the past five years, property crimes in Okmulgee County, Oklahoma, have shown interesting fluctuations. Notably, Larceny-Theft consistently remains the most prevalent crime, peaking at 182.00 cases in 2020 before significantly dropping to 55.00 in 2022. Burglary incidents followed a similar pattern, increasing to 42.00 in 2020, then plummeting to 12.00 in 2021, only to slightly rebound to 17.00 in 2022. Motor Vehicle Theft has seen a moderate increase, hitting its highest in 2020 with 31.00 cases, but settled at 17.00 by 2022. Meanwhile, crimes like Embezzlement and Fraud remain relatively low but notable for their consistency. These crime trends provide valuable insights for potential investors, property developers, and real estate professionals about the varying risk levels in the area.
Demographics
Okmulgee County's adult population is nearly balanced between males and females, with a slight edge for females. Educational attainment shows a significant tilt towards high school graduates and those with some college but no degree. Middle-aged adults seem to form a substantial portion of the population. The racial distribution highlights a predominantly White demographic, with notable representation from American Indian and Alaska Native communities. This demographic insight could be critical... Read more
Race Distribution in Okmulgee County, Oklahoma (2022)
Educational Attainment in Okmulgee County, Oklahoma (2022)
Age Distribution in Okmulgee County, Oklahoma
Citizen Population in Okmulgee County, Oklahoma (2022)
Political Trends & Data
Okmulgee County in Oklahoma showed a pronounced inclination toward Republican candidates in the 2020 U.S. Presidential Election, with roughly 67.5% of the vote, compared to 30.4% for Democrats. Third-party candidates had a minimal impact, securing just over 2% of the total vote. This strong GOP support suggests a stable conservative trend, though national shifts could potentially affect future local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Okmulgee County in Oklahoma exhibited a strong tendency toward Republican candidates in the 2020 U.S. Presidential Election, with approximately 67.5% of the vote, while Democrats garnered around 30.4%. Third parties like the Libertarians and other smaller factions made minimal impact, collectively achieving just over 2% of the total vote. This significant lean towards the GOP might suggest a stable trend, although larger national shifts could eventually influence future local outcomes. The data implies that Okmulgee County's political landscape is currently heavily skewed towards conservative preferences.
67.55% of voters voted for the Republican party in the 2020 Presidential Election
30.44% of voters voted for the Democrat party in the 2020 Presidential Election
1.26% of voters voted for the Livertarian party in the 2020 Presidential Election
0.75% of voters voted for the Other party in the 2020 Presidential Election
School Data
Okmulgee County, Oklahoma's student-to-teacher ratio has shifted from 14.7 in 2020 to 16.53 in 2023, exceeding the national average of 14 students per teacher. This trend may suggest larger class sizes, a factor that could influence family relocation decisions, property values, and overall community development. Real estate investors, agents, and appraisers might find these educational metrics useful for gauging community needs and... Read more
Student-to-teacher ratio in Okmulgee County, Oklahoma over the last 10 years
Okmulgee County, Oklahoma has seen fluctuating student-to-teacher ratios over the past decade, with a notable increase from 14.7 in 2020 to 16.53 in 2023. Compared to the national average of 14 students per teacher, Okmulgee County has generally higher ratios, which might suggest larger class sizes. This could be crucial for potential investors, real estate agents, appraisers, and others interested in the area, as the learning environment can impact family relocation decisions, property values, and overall community development. For those in real estate and local development, understanding these educational metrics might provide insights into community needs and priorities.
