Pittsburg County Real Estate and Livability Trends
In Pittsburg County, Oklahoma, average taxable incomes have varied but peaked at $53,613.80 in 2021, hinting at a growing income base. Median home values spiked from $94,500 in 2015 to $135,800 in 2022, potentially making the area attractive for real estate investments due to relatively low entry points. An increase in real estate taxes, doubling from $1,101.05 in 2012 to $2,290.38 in 2021, might... Read more
Pittsburg County Market Trends
Median home values in Pittsburg County, Oklahoma jumped from $94,500 in 2015 to $135,800 in 2022, hinting at potential investment opportunities thanks to lower entry points than state and national averages. Energy tax credits per tax return have fluctuated significantly, peaking at $2,100.00 in 2018 before settling at $1,610.00 in 2021, possibly due to shifts in local energy policies or adoption... Read more
Median Value of Occupied Housing Units in Pittsburg County, Oklahoma Over the Last 8 Years
Median home values in Pittsburg County, Oklahoma have seen consistent growth over the past eight years, rising from $94,500 in 2015 to $135,800 in 2022. While still lower than state and national averages, this upward trajectory might appeal to investors seeking lower entry points with potential for appreciation. Comparatively, Oklahoma's median home values increased from $117,900 in 2015 to $170,500 in 2022, and the national median jumped from $125,500 to $179,400 in the same period. This growth trend in Pittsburg County may signal increasing demand and potential economic development opportunities in the area.
Residential Energy Tax Credit Per Tax Return in Pittsburg County, OK Over the Last 9 Years
Over the past nine years, Pittsburg County, Oklahoma has seen a notable fluctuation in the average residential energy tax credits claimed per tax return. While starting around $456.00 in 2013, the average spiked to $2,100.00 in 2018, before settling at $1,610.00 in 2021. These variations might highlight shifts in local energy policies, economic conditions, or perhaps the adoption rates of energy-efficient technologies. Investors, builders, and insurance agents should consider these tax incentives when evaluating long-term investment opportunities in the area.
Average Real Estate Taxes Per Tax Return in Pittsburg County, OK Over the Last 10 Years
In Pittsburg County, Oklahoma, average real estate taxes per tax return have shown a consistent upward trend over the past decade. Starting at $1,101.05 in 2012, they have nearly doubled to $2,290.38 by 2021. This steady increase is notable for potential investors, property developers, and real estate agents, indicating a growing local economy but also pointing towards rising costs for homeowners.
Percentage of Farm Returns in Pittsburg County, OK Over the Last 10 Years
Over the past decade in Pittsburg County, Oklahoma, farm tax returns have remained somewhat steady, averaging around 9%, with minor fluctuations. Peaks occurred in 2016 and 2017, each close to 9.20%, while the lowest point was in 2021 at roughly 8.50%. This trend suggests a relatively stable agricultural economic base, which could be significant for investors, potential homeowners, and businesses. Farm tax returns essentially reflect the revenues generated from agricultural activities, providing a glimpse into the economic health and sustainability of the agricultural sector in the area.
Number of Mortgages by Occupancy Type in Pittsburg County, OK Over the Last 5 Years in Pittsburg County
In Pittsburg County, Oklahoma, there has been a notable shift in the number of mortgages across different occupancy types over the past five years. Principal Residence mortgages consistently dominate the market, with a peak in 2021 at 1,823. However, there has been a fluctuating trend for Investment Property and Second Residence mortgages, which could indicate varying investor confidence and changing preferences among buyers. This dynamic is crucial for investors evaluating real estate opportunities, appraisers assessing property values, insurance agents determining risk profiles, and potential residents making informed decisions about the local housing market. Recognizing these patterns helps stakeholders predict future demand, tailor services, and align with market conditions in Pittsburg County.
Economic Outlook
Pittsburg County, Oklahoma has seen average taxable incomes per tax return fluctuate over the past nine years, peaking at around $53,613.80 in 2021. Significant income growth years like 2014, 2015, and 2018 suggest that the area might be attractive for investors and real estate professionals looking for regions with gradual income upticks. State and local income taxes have also spiked, particularly since 2018, peaking at $7,362.12 in 2020, hinting at economic growth and a dynamic tax landscape.... Read more
Average Taxable Income per Tax Return in Pittsburg County, OK over the last 9 years
Over the past nine years, Pittsburg County, Oklahoma has seen fluctuations in average taxable income per tax return, ranging from approximately $45,950.88 in 2013 to a peak of about $53,613.80 in 2021. Notable increases were observed in the years 2014, 2015, and 2018, making the area potentially appealing for investors and real estate professionals looking at regions with gradual income growth. For those considering moving to the area or assessing property values, this trend suggests a stable economic environment with periodic growth, beneficial for long-term planning.
Average State and Local Income Taxes Per Tax Return in Pittsburg County, OK Over the Last 10 Years
Pittsburg County, Oklahoma has experienced significant fluctuations in average state and local income taxes per tax return over the past decade. After a steady trend from 2012 to 2017, a notable spike occurred starting in 2018, peaking at $7,362.12 in 2020 before slightly declining to $7,010.94 in 2021. This increase might impact decisions for potential investors, homeowners, and real estate agents, indicating possible economic growth and changing tax landscapes within the county. Appraisers and insurance agents may also want to consider these fluctuations when assessing property values and insurance risks.
Average Total Tax Liability Per Tax Return in Pittsburg County, OK Over the Last 10 Years
The average total tax liability per tax return in Pittsburg County, Oklahoma, has exhibited notable fluctuations over the past decade, with values ranging from $6,573.83 to $7,360.06. This variability suggests potential economic shifts or policy changes impacting residents' financial obligations. The peak in 2014 at $7,360.06 could indicate a prosperous period or changes in tax legislation, while the dip in 2016 to $6,573.83 might reflect economic downturns or adjustments in deductions. This kind of information is useful for investors, real estate agents, and insurance agents as it provides insights into economic stability and the financial capacity of the area’s residents.
Cost of Living in Pittsburg County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,009 | $1,424 | $1,893 | $1,100 | $1,097 |
| 1 adult 4 children | $1,009 | $1,163 | $1,448 | $1,100 | $1,144 |
| 2 adults 3 children | $1,009 | $1,163 | $1,642 | $1,100 | $869 |
| 1 adult 3 children | $1,009 | $949 | $1,197 | $1,100 | $869 |
| 2 adults 2 children | $829 | $952 | $1,391 | $970 | $771 |
| 1 adult 2 children | $829 | $711 | $946 | $970 | $685 |
| 2 adults 1 child | $829 | $752 | $1,140 | $548 | $731 |
| 1 adult 1 child | $829 | $486 | $695 | $548 | $597 |
| 2 adults | $641 | $604 | $889 | $0 | $599 |
| 1 adult | $624 | $330 | $445 | $0 | $528 |
Safety trends & Data
Pittsburg County, Oklahoma has experienced a decline in burglary and motor vehicle theft over the past five years, potentially making it more appealing to investors and homebuyers prioritizing safety. However, larceny-theft remains relatively high, which could be a concern for residents. The increasing fraud cases, although leveling off recently, might still worry businesses and insurance agents. On a positive note, the consistently low rates of vandalism and arson suggest fewer property... Read more
Property Crime Trends in Pittsburg County, OK Over the Last 5 Years
Pittsburg County, Oklahoma has seen a noticeable decline in burglary and motor vehicle theft over the past five years, which could appeal to potential investors and homebuyers seeking a safer environment. However, larceny-theft remains relatively high, with an observed fluctuation yet consistent presence. The uptick in fraud cases, starting to level off recently, might still be of concern for businesses and insurance agents looking to evaluate risk. Vandalism and arson incidents have stayed relatively low and flat over the period, indicating fewer property damages, which is a favorable aspect for appraisers and real estate agents promoting property resilience.
Demographics
Pittsburg County, Oklahoma, shows a roughly balanced gender distribution with a slight male majority. Educational attainment levels reveal a substantial proportion of residents are high school graduates, while fewer individuals possess higher education degrees. The age distribution suggests a significant population in the 25 to 64 age range, indicating a strong working-age demographic. Racially, the county remains predominantly White, with American Indian and Alaska Native communities forming a... Read more
Race Distribution in Pittsburg County, Oklahoma (2022)
Educational Attainment in Pittsburg County, Oklahoma (2022)
Age Distribution in Pittsburg County, Oklahoma
Citizen Population in Pittsburg County, Oklahoma (2022)
Political Trends & Data
Pittsburg County, Oklahoma, might be heavily leaning towards conservative values, based on the 2020 U.S. Presidential Election data. Around 77% of the votes potentially went to the Republican party, while Democrats possibly captured only 21%. The influence of Libertarian and other minor parties seems to be negligible. This political climate could impact local real estate trends, potentially favoring developments that align with conservative community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In the 2020 U.S. Presidential Election, Pittsburg County in Oklahoma appeared to exhibit a strong Republican preference, with the party potentially securing approximately 77% of the votes. Democrats might have garnered about 21%, while the Libertarian and other minor parties were likely negligible in influence. This voting trend could suggest a significant lean towards conservative values in the county.
77.28% of voters voted for the Republican party in the 2020 Presidential Election
21.02% of voters voted for the Democrat party in the 2020 Presidential Election
1.10% of voters voted for the Livertarian party in the 2020 Presidential Election
0.60% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Pittsburg County, Oklahoma, the student-to-teacher ratio has fluctuated around the national average of 14 students per teacher over the past decade, peaking at 15 in 2017 and settling back to just over 14 by 2021 and 2022. This trend of relatively stable and manageable classroom sizes could be attractive to prospective investors, residents, and educational professionals, potentially influencing property values and quality of life in the area. For real estate and insurance agents, these... Read more
Student-to-teacher ratio in Pittsburg County, Oklahoma over the last 10 years
Over the past decade, Pittsburg County, Oklahoma's student-to-teacher ratio has largely fluctuated around the national average of 14 students per teacher. Notably, ratios peaked at fifteen students per teacher in 2017, before trending downwards to just over fourteen students per teacher by 2021 and 2022. These trends could be significant for prospective investors, residents, and educational professionals as they suggest a relatively stable and manageable classroom size, which may impact educational quality and, subsequently, property values in the area. For real estate and insurance agents, understanding these dynamics may prove beneficial for advising clients on long-term investments and risk assessments.
