Coos County Real Estate and Livability Trends
Home values in Coos County, Oregon have seen a noteworthy increase, jumping from $170,500 in 2015 to $276,300 in 2022, outperforming national trends and offering growth without the high prices of other Oregon locations. Significant residential energy tax credits peaked at $1,078.79 in 2021, which may attract eco-conscious buyers looking for energy-efficient properties. With an increased volume of... Read more
Coos County Market Trends
Home values in Coos County, Oregon have seen a remarkable upswing, jumping from $170,500 in 2015 to $276,300 in 2022, outperforming national trends and making the county an appealing option for those seeking growth without the sky-high prices of other Oregon locations. The area also shows substantial residential energy tax credits, peaking at $1,078.79 in 2021, signaling incentives for... Read more
Median Value of Occupied Housing Units in Coos County, Oregon Over the Last 8 Years
Home values in Coos County, Oregon have seen a significant upward trend over the last 8 years, increasing from $170,500 in 2015 to $276,300 in 2022. This local surge seems to outpace the national median home value, which, although also rising, moved from $125,500 in 2015 to $179,400 by 2022. While home prices in Oregon have climbed even more steeply, jumping from $237,300 in 2015 to $423,100 in 2022, Coos County offers a more affordable option with a comparable appreciation rate. These patterns suggest Coos County could be an attractive option for investors or prospective homeowners seeking growth potential without the steep prices seen elsewhere in the state.
Residential Energy Tax Credit Per Tax Return in Coos County, OR Over the Last 9 Years
Over the past nine years, Coos County, Oregon has seen fluctuations in the average residential energy tax credits claimed per tax return, spiking particularly in 2017 at $940.91 and again in 2021 at $1,078.79. Interestingly, both 2018 and 2020 also showcased significant credit amounts at $1,140.00 and $754.17 respectively. This data might suggest incentives for energy-efficient upgrades in residential properties, which could appeal to eco-conscious homebuyers and investors looking to capitalize on green energy trends. Real estate agents and property developers may find value in highlighting these potential savings when marketing homes in the area.
Average Real Estate Taxes Per Tax Return in Coos County, OR Over the Last 10 Years
Over the past decade, Coos County, Oregon has seen a general upward trend in average real estate taxes per tax return. Starting from $2,415.09 in 2012, there was a steady rise reaching $4,065.63 in 2020 before seeing a slight dip to $3,858.03 in 2021. This suggests potentially increasing property values and local government funding needs, factors critical for investors and developers considering the area. The significant jump between 2017 and 2018 indicates possible policy changes or market shifts, essential for appraisers and insurance agents to note.
Percentage of Farm Returns in Coos County, OR Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Coos County, Oregon, has shown a modest decline from approximately 2.29% in 2012 to about 1.67% in 2021. For potential investors, property developers, and residents, understanding these trends in farm tax returns can provide insight into the economic landscape and agricultural viability of the area. This decline may reflect shifts in agricultural activity, land use, or economic priorities, all of which could impact local investment opportunities.
Number of Mortgages by Occupancy Type in Coos County, OR Over the Last 5 Years in Coos County
There has generally been a higher volume of mortgages for principal residences in Coos County, Oregon over the last five years, compared to mortgages for investment and second residences. The peak was in 2021 with 4,561 principal residence mortgages, while investment and second residence counts remained relatively modest. Understanding these shifts is crucial for real estate agents and investors, as high principal residence numbers might indicate a robust demand for primary housing, potentially stabilizing the market. For insurance agents and appraisers, recognizing these trends can impact risk assessment and property values, indicating the county's attractiveness for long-term stays versus transient or investment purposes. Builders and developers should note these patterns for strategic planning on future housing projects.
Economic Outlook
Coos County, Oregon, has seen a steady climb in average taxable income from approximately $43,512.40 in 2013 to $64,461.00 in 2021, hinting at possibly improving economic conditions that may appeal to investors and new residents alike. There's also been a notable upward shift in average state and local income taxes per return, from $5,538.65 in 2012 to $11,518.00 in 2021, peaking particularly in 2018. Additionally, the average total tax liability has risen from $6,059.63 in 2012 to $9,825.73 in... Read more
Average Taxable Income per Tax Return in Coos County, OR over the last 9 years
Over the past nine years, Coos County, Oregon has seen a steady increase in average taxable income per tax return, rising from approximately $43,512.40 in 2013 to about $64,461.00 in 2021. This trend could suggest an improving economic condition in the area, which might be promising for potential investors and those considering moving to the county. Interestingly, there was a notable jump between 2019 and 2020, possibly indicating a shift in local job markets or economic incentives during the early pandemic years. Real estate agents, appraisers, and insurance agents might find these trends useful for understanding property valuations and insurance premiums.
Average State and Local Income Taxes Per Tax Return in Coos County, OR Over the Last 10 Years
Over the past decade, Coos County, Oregon has experienced notable increases in average state and local income taxes per tax return. Starting from $5,538.65 in 2012, there's a clear upward trend, peaking at $11,518.00 in 2021. This seesawing yet primarily rising pattern culminated in a dramatic spike around 2017-2018, reaching a high point of $10,499.53 in 2018, with a further increase to $11,518.00 in 2021. These changes present significant considerations for potential investors, real estate agents, and those planning to relocate, as rising taxes could impact overall living costs and profit margins.
Average Total Tax Liability Per Tax Return in Coos County, OR Over the Last 10 Years
Coos County, Oregon has seen a notable increase in the average total tax liability per tax return over the past decade. Starting at $6,059.63 in 2012, it climbed steadily to $9,825.73 by 2021. This upward trend may suggest rising incomes or changes in local tax policies. Such information is invaluable for real estate agents and appraisers as it often correlates with economic growth, potentially making the area more attractive for prospective homeowners and investors. Insurance agents should also consider these figures for risk assessment and policy pricing.
Cost of Living in Coos County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,435 | $1,504 | $1,966 | $1,439 | $1,790 |
1 adult 4 children | $1,435 | $1,228 | $1,485 | $1,439 | $1,856 |
2 adults 3 children | $1,435 | $1,229 | $1,715 | $1,439 | $1,532 |
1 adult 3 children | $1,435 | $1,003 | $1,234 | $1,439 | $1,555 |
2 adults 2 children | $1,010 | $1,006 | $1,464 | $1,254 | $1,189 |
1 adult 2 children | $1,010 | $751 | $983 | $1,254 | $1,129 |
2 adults 1 child | $1,010 | $795 | $1,213 | $650 | $1,039 |
1 adult 1 child | $1,010 | $513 | $732 | $650 | $865 |
2 adults | $785 | $639 | $962 | $0 | $797 |
1 adult | $675 | $348 | $481 | $0 | $639 |
Safety trends & Data
Property crime trends in Coos County, Oregon offer significant insights for investors and real estate professionals. Larceny-theft hit a high of 277.00 incidents in 2019 but dropped to 172.00 by 2022. Burglary cases jumped markedly to 103.00 in 2022 from an average of 35. Arson rates stayed low and stable, while vandalism spiked at 66.00 incidents in 2021, falling to 30.00 in 2022. These shifts could impact risk assessments and property values in the... Read more
Property Crime Trends in Coos County, OR Over the Last 5 Years
Property crime trends in Coos County, Oregon over the last five years show some interesting variations. Larceny-theft consistently tops the chart, with a noticeable peak at 277.00 incidents in 2019, although it saw a decline to 172.00 by 2022. Burglary saw a significant jump to 103.00 cases in 2022 from an average of about 35 in previous years. Arson remained relatively low but steady, while vandalism fluctuated, spiking at 66.00 incidents in 2021, and dropping to 30.00 by 2022. These fluctuations could be valuable for investors, appraisers, and real estate agents assessing the risks and property values in the area.
Demographics
In Coos County, Oregon, a relatively balanced gender distribution is observed among adults, with slightly more females than males. Educational attainment varies, with the largest group having completed high school, followed closely by those with some college experience but no degree. The age distribution indicates an older population, particularly in the 55 to 74 years range. Racial demographics show a predominantly White community, with other racial groups making up a small fraction. These... Read more
Race Distribution in Coos County, Oregon (2022)
Educational Attainment in Coos County, Oregon (2022)
Age Distribution in Coos County, Oregon
Citizen Population in Coos County, Oregon (2022)
Political Trends & Data
In Coos County, Oregon, the 2020 U.S. Presidential Election showed a strong preference for the Republican party, drawing approximately 59% of the votes, while the Democratic party secured about 38%. Minor parties, including the Libertarian and Green parties, captured smaller shares. This suggests a possibly entrenched conservative orientation in the region, potentially impacting local political dynamics and policy... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Coos County, Oregon, the 2020 U.S. Presidential Election saw a predominant tilt towards the Republican party, garnering roughly 59% of the votes, whereas the Democrat party captured about 38%. Minor parties such as the Libertarian and Green parties attracted smaller fractions, with the Libertarian party getting around 1.5% and the Green party approximately 0.5%. Other parties collectively made up just over 0.7% of the vote share. This suggests a possibly entrenched conservative orientation in this region, which could influence local political dynamics and policy priorities.
58.88% of voters voted for the Republican party in the 2020 Presidential Election
38.42% of voters voted for the Democrat party in the 2020 Presidential Election
1.54% of voters voted for the Livertarian party in the 2020 Presidential Election
0.46% of voters voted for the Green party in the 2020 Presidential Election
0.70% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Coos County, Oregon, the student-to-teacher ratio has fluctuated over the past decade, peaking at 22 in 2016 and decreasing to roughly 18 by 2023, consistently exceeding the national average of 14. This trend might suggest larger class sizes, possibly affecting educational outcomes and the area's appeal for families prioritizing education. Investors, real estate agents, and families might see this as a critical factor in decision-making, while builders and insurance agents could factor these... Read more
Student-to-teacher ratio in Coos County, Oregon over the last 10 years
Over the past decade, Coos County, Oregon has seen fluctuations in its student-to-teacher ratio, peaking at 22 in 2016 and gradually decreasing to around 18 by 2023. While the national average is 14 students per teacher, Coos County consistently exceeds this, which may indicate larger class sizes and potentially less individualized attention for students. Investors, real estate agents, and families might find this trend significant as it could affect educational outcomes and the overall appeal of the area for those prioritizing education. Additionally, builders and insurance agents may see implications for community planning and resource allocation based on these shifts in school demographics.