Osage County Real Estate and Livability Trends
In Osage County, Oklahoma, median home values jumped from $100,000 in 2015 to $155,200 in 2022, outpacing state and national trends, which could excite real estate investors eyeing the area's growth potential. Real estate taxes more than doubled over the past decade, reflecting increasing property valuations and potentially influencing market dynamics. A spike in principal residence mortgages in... Read more
Osage County Market Trends
In Osage County, Oklahoma, median home values have surged from $100,000 in 2015 to $155,200 in 2022, outpacing trends in both Oklahoma and nationwide. Notably, the Residential Energy Tax Credit has fluctuated, peaking at approximately $1,966.67 in 2018, potentially signaling a growing focus on energy-efficient homes. Meanwhile, real estate taxes have more than doubled over the past decade, from... Read more
Median Value of Occupied Housing Units in Osage County, Oklahoma Over the Last 8 Years
Over the last eight years, median home values in Osage County, Oklahoma, have increased notably from $100,000 in 2015 to $155,200 in 2022. This growth rate outpaced both the state of Oklahoma, which saw median values rise from $117,900 to $170,500, and the national trend from $125,500 to $179,400 in the same period. For potential investors or those considering relocating, this sharper appreciation in Osage County might signal stronger local market dynamics or greater demand, making it an interesting area for property investment.
Residential Energy Tax Credit Per Tax Return in Osage County, OK Over the Last 9 Years
Osage County, Oklahoma has experienced sharp fluctuations in the average Residential Energy Tax Credit per tax return over the past nine years. Notably, the average credit increased from around $386.21 in 2013 to a peak of approximately $1966.67 in 2018. These changes likely reflect varying investments in residential energy improvements and shifting tax policies. For those looking to invest in or develop property, this data suggests a growing emphasis on energy efficiency that could impact future property values and potential eligibility for related tax benefits. Real estate agents and insurance agents might note these trends when advising clients, as they could affect both the desirability and valuation of homes in the area.
Average Real Estate Taxes Per Tax Return in Osage County, OK Over the Last 10 Years
Real estate taxes per tax return in Osage County, Oklahoma have shown a generally upward trend over the past decade, increasing from $1,746.52 in 2012 to $3,105.43 in 2021. Notably, there was a significant jump between 2017 and 2018, where values rose from $2,219.88 to $2,712.73. This steady increase could indicate rising property values and might impact long-term investment considerations, property appraisals, and insurance premiums. Real estate agents and potential property buyers should be particularly mindful of these escalating taxes when evaluating the overall cost of living and investment potential in Osage County.
Percentage of Farm Returns in Osage County, OK Over the Last 10 Years
Over the last decade, Osage County, Oklahoma has seen a slight fluctuation in the percentage of farm tax returns, ranging from around 6.22% to 6.32% before declining to approximately 5.70% by 2020. This data is of particular interest to investors, developers, and new residents as it might indicate a subtle shift in the county's economic landscape and agricultural productivity. Such figures often reflect broader trends in rural economies and can influence decisions on property investment and development in the area.
Number of Mortgages by Occupancy Type in Osage County, OK Over the Last 5 Years in Osage County
Osage County, Oklahoma has shown distinct trends in mortgage types over the last five years. There's been a noticeable rise in principal residence mortgages, particularly peaking in 2021 with 2,433 counts compared to 1,495 in 2018. Investment properties have seen slight fluctuations but remained relatively steady, hovering around the mid-90s range. Second residences, though consistently lower in number, indicate a slight decline since 2018. These shifts offer investors, potential residents, and professionals in real estate and insurance reasons to consider asset allocation and risk assessment carefully. A spike in primary residence mortgages could imply growing local interest or economic factors favoring homeownership, impacting everything from housing demand to local business growth. Meanwhile, the steadiness in investment properties might suggest a stable rental market.
Economic Outlook
In Osage County, Oklahoma, the average taxable income per tax return peaked at $64,656.21 in 2021, showing a notable rise from $52,143.69 in 2013. This upward trend might suggest a stronger economic base and higher earnings among residents, making the area attractive for real estate investments and appraisals. State and local income taxes have also risen sharply, from $5,338.48 in 2012 to $8,051.06 in 2021, indicating possible economic or policy changes that affect tax burdens. Additionally,... Read more
Average Taxable Income per Tax Return in Osage County, OK over the last 9 years
Over the past nine years in Osage County, Oklahoma, average taxable income per tax return has generally been on an upward trajectory, reaching a peak of $64,656.21 in 2021. Notably, there was a significant increase from 2013 to 2014, rising from about $52,143.69 to $58,457.52. This trend may indicate a growing economic base or increased earnings among residents, making it potentially appealing for real estate purchases, investments, or appraisals. Insurance agents may also find this information useful for assessing property risks and valuations, while prospective residents could view this as a sign of economic stability.
Average State and Local Income Taxes Per Tax Return in Osage County, OK Over the Last 10 Years
Over the last decade, Osage County, Oklahoma has seen a noticeable increase in average state and local income taxes per tax return. From $5,338.48 in 2012, taxes generally hovered around the $5,000 mark until a sharp rise began in 2018, reaching $8,051.06 by 2021. This trend could indicate economic shifts or policy changes impacting residents' tax burdens, making it a key consideration for potential investors, homeowners, and financial professionals engaged in local real estate and financial planning.
Average Total Tax Liability Per Tax Return in Osage County, OK Over the Last 10 Years
Over the past decade in Osage County, Oklahoma, the average total tax liability per tax return has experienced fluctuations, hitting a high of $9,954.88 in 2021 and a low of $7,741.98 in 2018. This variability can suggest changes in local economic conditions, shifts in taxpayer income levels, or adjustments in tax policies. For investors or residents, understanding these trends is crucial for financial planning and assessing the broader economic health of the area.
Cost of Living in Osage County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,076 | $1,395 | $1,930 | $1,244 | $1,219 |
| 1 adult 4 children | $1,076 | $1,140 | $1,476 | $1,244 | $1,308 |
| 2 adults 3 children | $1,076 | $1,140 | $1,675 | $1,244 | $991 |
| 1 adult 3 children | $1,076 | $931 | $1,220 | $1,244 | $1,036 |
| 2 adults 2 children | $817 | $933 | $1,419 | $1,107 | $849 |
| 1 adult 2 children | $817 | $697 | $965 | $1,107 | $784 |
| 2 adults 1 child | $817 | $738 | $1,164 | $662 | $800 |
| 1 adult 1 child | $817 | $476 | $710 | $662 | $644 |
| 2 adults | $646 | $593 | $908 | $0 | $622 |
| 1 adult | $588 | $323 | $454 | $0 | $527 |
Safety trends & Data
Osage County, Oklahoma has seen some intriguing trends in property crime that might impact real estate investments and insurance planning. Burglary incidents peaked in 2021 with 31 cases but dropped to 17 in 2022. Larceny-Theft incidents dramatically increased to 28 in 2022 from just 8 in 2020. Meanwhile, motor vehicle thefts spiked at 16 incidents in 2021, nearly double the typical numbers. While vandalism cases have remained steady, arson saw an uptick with 4 incidents reported during both... Read more
Property Crime Trends in Osage County, OK Over the Last 5 Years
Osage County, Oklahoma has experienced a noticeable fluctuation in property crime over the past five years. Burglary rates have seen significant variability, peaking in 2021 with 31 incidents compared to 17 in 2022. Larceny-Theft incidents showed a dramatic rise in 2022 with 28 occurrences up from 8 in 2020. Interestingly, motor vehicle thefts spiked in 2021 at 16 incidents, nearly double recent years. Vandalism numbers have remained relatively stable, while arson showed an uptick with 4 incidents in both 2021 and 2022. This data might hint at targeting trends and evolving crime concerns that could influence real estate investments and insurance considerations.
Demographics
Osage County, Oklahoma displays a near equal gender distribution within its adult population. Education-wise, most residents possess at least a high school diploma or some college education, though a significant portion did not finish high school. Age distribution shows a notable percentage of residents are 55 years and older, pointing to an aging population. Racially, the area is predominantly White, with smaller percentages of Black or African American, American Indian and Alaska Native... Read more
Race Distribution in Osage County, Oklahoma (2022)
Educational Attainment in Osage County, Oklahoma (2022)
Age Distribution in Osage County, Oklahoma
Citizen Population in Osage County, Oklahoma (2022)
Political Trends & Data
Osage County, Oklahoma leaned heavily Republican in the 2020 U.S. Presidential Election, with GOP candidates potentially capturing around 69% of the vote. Democrats seemed to secure just over 29%, with Libertarians and other parties collectively trailing at less than 2%. This trend possibly highlights a strong preference for mainstream party candidates among local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Osage County, Oklahoma exhibited strong Republican support in the 2020 U.S. Presidential Election, with Republicans potentially securing about 69% of the vote. Democrats appeared to garner just over 29%, while Libertarians trailed with roughly 1% of the vote. Other parties possibly made up less than 1% combined, indicating a clear preference for mainstream parties among voters.
68.76% of voters voted for the Republican party in the 2020 Presidential Election
29.22% of voters voted for the Democrat party in the 2020 Presidential Election
1.25% of voters voted for the Livertarian party in the 2020 Presidential Election
0.77% of voters voted for the Other party in the 2020 Presidential Election
School Data
Osage County, Oklahoma's student-to-teacher ratio has seen notable fluctuations, spiking to nearly 19 in 2020 before dropping under 15 in 2021. These changes can significantly influence both family and investor decisions when considering the area. Lower ratios often suggest more personalized student attention, potentially boosting home values and attractiveness for new residents, whereas higher ratios may call for enhanced educational strategies. Appraisers and insurance agents can view these... Read more
Student-to-teacher ratio in Osage County, Oklahoma over the last 10 years
Osage County, Oklahoma has seen its student-to-teacher ratio hover around the U.S. national average of 14 students per teacher, with significant fluctuations. In particular, the ratio spiked to nearly 19 in 2020 but dropped back to under 15 in 2021. This variation can impact the quality of education, influencing decisions for families considering moving to the area as well as for property investors and real estate agents. Lower ratios generally suggest more personalized attention for students, which can be attractive for new residents and affect home values. Conversely, higher ratios might necessitate more robust educational strategies and impact local resources. For appraisers and insurance agents, these dynamics can signify the area's educational stability and long-term appeal.
