Ottawa County Real Estate and Livability Trends
Ottawa County, Oklahoma has experienced a noteworthy rise in average taxable income per tax return over the past decade, climbing to about $46,913.30 in 2021, which might signal a growing fiscal health and attract new investors. Residential property values in the county have shown steady growth, with median home prices rising from $82,600 in 2015 to $107,500 in 2022, suggesting a market with... Read more
Ottawa County Market Trends
Median home values in Ottawa County, Oklahoma have steadily increased over the past eight years, reaching $107,500 in 2022—a significant rise from $82,600 in 2015. Although this is below state and national medians, it presents a more affordable option for investors seeking a market with gradual appreciation. Residential energy tax credits per tax return surged between 2019 and 2021, suggesting... Read more
Median Value of Occupied Housing Units in Ottawa County, Oklahoma Over the Last 8 Years
Over the past eight years, median home values in Ottawa County, Oklahoma, have experienced steady growth, culminating in a 2022 median value of $107,500. This increase is substantial when compared to the earlier 2015 value of $82,600. Although the growth trend lags behind the state and national averages—where 2022 median values reached $170,500 for Oklahoma and $179,400 for the United States—Ottawa County still presents a more affordable option. This ongoing rise in home values might appeal to those seeking investment opportunities in a market that shows gradual appreciation without the higher cost of entry seen in broader regions.
Residential Energy Tax Credit Per Tax Return in Ottawa County, OK Over the Last 8 Years
Ottawa County, Oklahoma has seen significant fluctuations in residential energy tax credits per tax return over the past 8 years. Notable increases occurred between 2019 and 2021, with average credits rising from $488.89 to $1,345.45. This trend might suggest a growing investment in energy-efficient home improvements among residents, which could signal opportunities for both local businesses and potential property investors interested in energy efficiency upgrades. For appraisers and insurance agents, these shifts highlight a possible uptick in property values linked to energy-saving enhancements.
Average Real Estate Taxes Per Tax Return in Ottawa County, OK Over the Last 10 Years
Over the past decade, real estate taxes in Ottawa County, Oklahoma have shown a significant upward trend, nearly doubling from $1,114.20 in 2012 to $2,120.69 in 2021. This growth suggests rising property values and may impact decisions for potential investors, homebuyers, and real estate professionals. The jump in tax rates from 2017 to 2018, reaching $1,857.14, and continuing to remain high, could indicate a stronger demand for properties in the area, which might entice investment but also requires careful financial planning regarding tax liabilities.
Percentage of Farm Returns in Ottawa County, OK Over the Last 10 Years
In Ottawa County, Oklahoma, farm tax returns have hovered around 8% over the past decade. There was a slight peak in 2016 at 8.31%, but otherwise, the percentage typically fluctuates around its baseline. Farm tax returns are indicators of agricultural activity and can influence property values, local investments, and economic health in rural areas. Understanding this trend is crucial for investors or potential residents targeting agricultural development or considering the economic stability of Ottawa County. This consistent activity might suggest a stable agricultural sector, though one should always consider other economic indicators.
Number of Mortgages by Occupancy Type in Ottawa County, OK Over the Last 5 Years in Ottawa County
In Ottawa County, Oklahoma, there's been a noticeable uptick in mortgages for principal residences over the past five years, peaking at 913 in 2021. Investment property mortgages have remained relatively stable, though with a slight increase, suggesting a steady interest in rental or commercial real estate. Second residence mortgages are fewer and have fluctuated, indicating limited but consistent purchases likely for vacation homes. These trends indicate growing confidence and demand in the local housing market, valuable insights for investors, real estate agents, and insurance agents assessing market stability and growth potential. Changes in occupancy type can reflect broader economic shifts, consumer confidence, and potential areas for development or risk management.
Economic Outlook
Over the past decade, Ottawa County, Oklahoma has seen a steady increase in average taxable income per tax return, climbing from approximately $38,821.28 in 2013 to around $46,913.30 in 2021. Despite fluctuating local income taxes, including a peak in 2020 at $8,351.61, the overall rise suggests fiscal health that may attract new investors and residents. This economic upswing could be a positive indicator for property valuations and real estate market dynamics, reflecting a potentially... Read more
Average Taxable Income per Tax Return in Ottawa County, OK over the last 9 years
Ottawa County, Oklahoma has seen a notable upward trend in average taxable income per tax return over the past nine years, increasing from approximately $38,821.28 in 2013 to around $46,913.30 in 2021. This steady growth in taxable income could signify a strengthening local economy, potentially making the area more attractive for investors, new residents, and businesses. This pattern may also influence property valuations, insurance assessments, and real estate market dynamics, highlighting a positive economic trajectory in the county.
Average State and Local Income Taxes Per Tax Return in Ottawa County, OK Over the Last 10 Years
Over the last decade, Ottawa County, Oklahoma has witnessed an upward trend in average state and local income taxes per tax return. In 2012, the average was $4,551.02, with gradual increases until a significant jump in 2018 to $6,690.91 and peaking at $8,351.61 in 2020. Despite a decline in 2021 to $6,654.55, this trend likely indicates a notable rise in income levels or tax rates. For real estate investors, this might suggest a thriving local economy, but could pose a higher cost of living for newcomers.
Average Total Tax Liability Per Tax Return in Ottawa County, OK Over the Last 10 Years
Ottawa County, Oklahoma has seen fluctuating yet overall increasing trends in the average total tax liability per tax return over the last decade, peaking at $5,900.94 in 2021. This rise might indicate a strengthening local economy or changes in tax regulations. Such trends could influence investment decisions, real estate valuations, and insurance assessments, providing key insights for potential investors, appraisers, and those considering moving to the area.
Cost of Living in Ottawa County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $984 | $1,331 | $2,142 | $1,076 | $1,126 |
| 1 adult 4 children | $984 | $1,087 | $1,641 | $1,076 | $1,163 |
| 2 adults 3 children | $984 | $1,087 | $1,857 | $1,076 | $901 |
| 1 adult 3 children | $984 | $888 | $1,356 | $1,076 | $882 |
| 2 adults 2 children | $797 | $890 | $1,572 | $949 | $784 |
| 1 adult 2 children | $797 | $665 | $1,071 | $949 | $690 |
| 2 adults 1 child | $797 | $704 | $1,288 | $536 | $743 |
| 1 adult 1 child | $797 | $454 | $786 | $536 | $600 |
| 2 adults | $605 | $565 | $1,003 | $0 | $607 |
| 1 adult | $538 | $308 | $501 | $0 | $511 |
Safety trends & Data
Over the last five years, Ottawa County, Oklahoma has seen fluctuations in property crime rates, with larceny-theft and burglary being the most prevalent crimes. Larceny-theft peaked in 2021 with 71 reported incidents, while burglary had its highest count in 2019 with 30 incidents. Motor vehicle thefts have generally increased, reaching 20 incidents in 2022, which could be a concern for vehicle owners and insurers. Steady rates of fraud and vandalism also continue to be issues, potentially... Read more
Property Crime Trends in Ottawa County, OK Over the Last 5 Years
Over the last five years, Ottawa County, Oklahoma has seen fluctuations in property crime rates, with larceny-theft and burglary consistently being the most prevalent crimes. Larceny-theft peaked in 2021 with 71 reported incidents, while burglary saw its highest count in 2019 with 30 incidents. Notably, motor vehicle thefts have generally increased, reaching 20 incidents in 2022, indicating a potential area of concern for vehicle owners and insurers. While instances of arson and embezzlement have remained relatively low, steady rates of fraud and vandalism highlight ongoing issues that may impact property values and investment confidence. This dynamic crime landscape is crucial for anyone considering investing in, living in, or insuring property in the region.
Demographics
Ottawa County, Oklahoma's demographic makeup showcases a slightly higher female population compared to males. Educational attainment reveals a significant portion of residents (around 25%) have completed high school, with a notable segment attending some college without earning a degree. The age distribution suggests a predominantly young to middle-aged population, seldom seeing a sharp decline until over 65 years. Racially, the county is primarily White, with a considerable American Indian and... Read more
Race Distribution in Ottawa County, Oklahoma (2022)
Educational Attainment in Ottawa County, Oklahoma (2022)
Age Distribution in Ottawa County, Oklahoma
Citizen Population in Ottawa County, Oklahoma (2022)
Political Trends & Data
In Ottawa County, Oklahoma, the 2020 U.S. Presidential Election results pointed to a strong Republican presence, with about 75% of votes cast in favor of the GOP. The Democratic Party secured approximately 23%, highlighting a significant partisan gap. With minor parties like the Libertarians capturing just over 1% of the vote, this may indicate a broader political trend seen across rural Oklahoma, potentially influencing local and state policies and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Ottawa County, Oklahoma, the 2020 U.S. Presidential Election saw a significant leaning towards the Republican Party, which garnered approximately 75% of the votes. The Democratic Party received around 23%, indicating a notable gap between the two major parties. Minor parties such as the Libertarian Party and others collectively accounted for just over 1% of the vote, suggesting a relatively low influence in this county. These voting patterns may reflect broader political sentiments in the region and could be indicative of similar trends in other parts of rural Oklahoma.
74.71% of voters voted for the Republican party in the 2020 Presidential Election
23.48% of voters voted for the Democrat party in the 2020 Presidential Election
1.17% of voters voted for the Livertarian party in the 2020 Presidential Election
0.64% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the last decade, Ottawa County, Oklahoma's student-to-teacher ratio has fluctuated, peaking at 16 students per teacher in 2015 and 2017, and dropping to its lowest at 14 students per teacher in 2021. As of 2023, the ratio stands at about 15 students per teacher, aligning closely with the national average. These shifts can be crucial for prospective homebuyers, real estate agents, and investors, as lower ratios often indicate more individualized attention for students, potentially driving... Read more
Student-to-teacher ratio in Ottawa County, Oklahoma over the last 10 years
Over the last ten years, the student-to-teacher ratio in Ottawa County, Oklahoma has shown some fluctuations, peaking at 16 students per teacher in 2015 and 2017, and reaching its lowest at 14 students per teacher in 2021. As of 2023, the ratio stands at approximately 15 students per teacher, which is close to the national average of 14. These changes in the student-to-teacher ratio can impact various aspects of the local education system, with potential implications for property values, investment attractiveness, and educational quality. A lower ratio often suggests more individual attention for students, which can be a draw for families, while higher ratios may reflect broader systemic challenges. Consequently, shifts in this ratio can be pivotal for stakeholders such as prospective homebuyers, real estate agents, and insurance agents looking to assess the area's appeal.
