Gilliam County Real Estate and Livability Trends
Gilliam County, Oregon has seen a notable increase in average taxable income per tax return, rising from $52,161.45 in 2013 to $68,135.23 in 2021, which may imply economic growth and enhanced living standards. This could attract real estate professionals and investors despite fluctuations in state and local income taxes, recently reaching $7,866.67 in 2021. Median home values rose from $117,900... Read more
Gilliam County Market Trends
Gilliam County, Oregon, has witnessed an increase in median home values from $117,900 in 2015 to $151,500 in 2022, which contrasts with the much larger growth seen across the state and nationally. Real estate taxes have risen from about $1,550.00 in 2012 to around $2,500.00 in 2021, indicating possible growth in property values or increased municipal funding needs. Farming remains stable, with... Read more
Median Value of Occupied Housing Units in Gilliam County, Oregon Over the Last 8 Years
Median home values in Gilliam County, Oregon have seen some fluctuations over the past eight years, with an overall increase from $117,900 in 2015 to $151,500 in 2022. Comparatively, Oregon's state median values have consistently risen from $237,300 to $423,100 over the same period, indicating a robust state-level growth. Nationally, the median home value has also increased, going from $125,500 in 2015 to $179,400 in 2022. Gilliam County, while experiencing growth, still has a relatively more affordable market, which might appeal to those looking to invest in a less saturated market with potential for appreciation.
Average Real Estate Taxes Per Tax Return in Gilliam County, OR Over the Last 10 Years
Gilliam County, Oregon, has seen a noticeable upward trend in average real estate taxes per tax return over the past decade. Starting at approximately $1,550.00 in 2012, taxes have overall increased with some fluctuations, reaching around $2,500.00 in 2021. These escalating tax figures might signal growing property values or increased municipal funding needs, which could affect financial planning for potential investors, homeowners, and real estate stakeholders in the area. Keep an eye on these tax trends as they might impact long-term cost projections for property holdings.
Percentage of Farm Returns in Gilliam County, OR Over the Last 10 Years
Gilliam County, Oregon, has seen slight variations in the percentage of farm tax returns over the past decade, hovering mostly around 9% to 11%. These returns can indicate the economic health of the farming sector and potential profitability for those considering agricultural investments. For people looking to invest in, move to, or build property in Gilliam County, this data suggests a relatively stable farming community contributing to the local economy. While there were minor dips and peaks, the general stability implies steady agricultural activity, which could be beneficial for related business ventures and community growth.
Number of Mortgages by Occupancy Type in Gilliam County, OR Over the Last 5 Years in Gilliam County
Over the past five years, Gilliam County in Oregon has seen a notable fluctuation in mortgage counts by occupancy type. Principal residences dominate the market with numbers peaking at 103 in 2021, while investment properties and second residences significantly lag behind, with instances barely reaching the low single digits. This shift suggests a stronger appeal for individuals looking to establish primary homes rather than secondary residences or investment opportunities. For investors, this might indicate limited competition and potentially untapped markets, while appraisers and insurance agents could see variations in valuation dynamics. Real estate agents might find a greater portion of their clientele seeking primary residence properties, influencing marketing and service strategies. Understanding these trends is crucial for tailored decision-making and strategic planning in the county's evolving real estate landscape.
Economic Outlook
Gilliam County, Oregon's upward trend in average taxable income per tax return, growing from about $52,161.45 in 2013 to roughly $68,135.23 in 2021, might suggest economic development and a potentially higher standard of living, making the county more appealing for real estate professionals and investors. Despite yearly fluctuations, the overall rise could indicate a prosperous trend worth tracking. Meanwhile, state and local income taxes have shown noticeable variability, with the most recent... Read more
Average Taxable Income per Tax Return in Gilliam County, OR over the last 9 years
Gilliam County, Oregon has seen a generally upward trend in average taxable income per tax return over the past nine years, with notable increases from 2018 onward. In 2013, the average income was approximately $52,161.45, and by 2021, it had grown to about $68,135.23. Such growth could indicate economic development and a potentially higher standard of living, making the area more appealing for investors, real estate professionals, and those considering moving to the county. While the fluctuations year-to-year suggest variability, the overall rise might hint at a prosperous trend worth tracking.
Average State and Local Income Taxes Per Tax Return in Gilliam County, OR Over the Last 10 Years
Gilliam County, Oregon has shown noticeable fluctuations in average state and local income taxes per tax return over the last decade, with peaks in 2013 ($7,285.00), 2015 ($7,822.22), and a recent high in 2021 ($7,866.67). The lowest point was in 2020 at $4,633.33, reflecting potentially higher taxpayer retention or increased fiscal policies impacting tax rates. These trends may suggest a varying economic environment and shifting tax regulations, pertinent for those investing in or considering relocating to the area.
Average Total Tax Liability Per Tax Return in Gilliam County, OR Over the Last 10 Years
In the past decade, Gilliam County, Oregon has seen notable fluctuations in average total tax liability per tax return. Starting from around $7,768.85 in 2012, the liability saw a few peaks and troughs, with a significant dip to $6,389.39 in 2019 before climbing sharply to $9,709.72 in 2021. This variability is essential for investors and financial planners who need to anticipate tax obligations. Real estate agents and those considering moving to this area might see these trends as indicators of economic shifts that could impact property values and cost of living. For appraisers and insurance agents, understanding this tax landscape helps in accurately evaluating property and risk.
Cost of Living in Gilliam County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,346 | $1,552 | $1,970 | $1,287 | $1,822 |
1 adult 4 children | $1,346 | $1,268 | $1,488 | $1,287 | $1,895 |
2 adults 3 children | $1,346 | $1,268 | $1,719 | $1,287 | $1,555 |
1 adult 3 children | $1,346 | $1,035 | $1,237 | $1,287 | $1,579 |
2 adults 2 children | $1,077 | $1,038 | $1,467 | $1,123 | $1,264 |
1 adult 2 children | $1,077 | $775 | $985 | $1,123 | $1,234 |
2 adults 1 child | $1,077 | $820 | $1,216 | $591 | $1,126 |
1 adult 1 child | $1,077 | $530 | $734 | $591 | $947 |
2 adults | $818 | $659 | $964 | $0 | $879 |
1 adult | $720 | $360 | $482 | $0 | $712 |
Safety trends & Data
Gilliam County, Oregon, has experienced fluctuating property crime trends over the past four years. Larceny-theft incidents doubled from 2 in 2019 to 4 in 2022, while vandalism peaked at 5 in 2020 before dropping to 3 by 2022. Motor vehicle theft and burglary remain relatively stable with minor variations, and fraud and stolen property crimes appear sporadically. These crime trends may raise varying security concerns, making them relevant for investors, property builders, real estate agents,... Read more
Property Crime Trends in Gilliam County, OR Over the Last 4 Years
Gilliam County, Oregon, has seen variable trends in property crime over the last four years. Larceny-theft incidents have notably increased from 2 in 2019 to 4 in 2022. Vandalism peaked at 5 in 2020 but then decreased to 3 by 2022. Motor vehicle theft and burglary have stayed relatively consistent with minor fluctuations, while fraud and stolen property crimes appear only sporadically. These shifts could indicate fluctuating security concerns and may be crucial for prospective investors, property builders, real estate agents, and residents assessing the area's safety profile for long-term commitments.
Demographics
Gilliam County, Oregon shows a slight male majority among adults and a predominantly White population. Educational attainment reflects a strong high school completion rate, with a noticeable percentage having some college education but no degree. The age distribution leans towards an older demographic, with significant representation of individuals aged 55 and... Read more
Race Distribution in Gilliam County, Oregon (2022)
Educational Attainment in Gilliam County, Oregon (2022)
Age Distribution in Gilliam County, Oregon
Citizen Population in Gilliam County, Oregon (2022)
Political Trends & Data
Gilliam County, Oregon, showed a pronounced preference for the Republican candidate in the 2020 U.S. Presidential Election, with Republicans capturing approximately 71% of the vote. Democrats secured about 28%, while support for the Libertarian and Green parties was negligible, each receiving less than 2%. This significant skew towards conservative values could provide insights into local economic and social policies impacting real estate trends in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Gilliam County, Oregon, saw a clear preference for the Republican candidate in the 2020 U.S. Presidential Election, with around 71% of the vote. Democrats garnered roughly 28%, while the Libertarian and Green parties received nominal support, each gaining less than 2%. This skewed distribution might suggest a strong conservative leaning within the county's electorate.
70.80% of voters voted for the Republican party in the 2020 Presidential Election
27.50% of voters voted for the Democrat party in the 2020 Presidential Election
1.44% of voters voted for the Livertarian party in the 2020 Presidential Election
0.08% of voters voted for the Green party in the 2020 Presidential Election
0.17% of voters voted for the Other party in the 2020 Presidential Election
School Data
Gilliam County, Oregon boasts smaller class sizes with a student-to-teacher ratio dropping from 13.42 in 2014 to 10.87 in 2023, well below the national average of 14. This trend might attract parents seeking more personalized education for their children, making it a compelling selling point for residential properties. Investors, developers, and real estate agents could leverage this data to highlight the community's quality of education and engagement, potentially influencing property values.... Read more
Student-to-teacher ratio in Gilliam County, Oregon over the last 10 years
Gilliam County, Oregon has consistently maintained a student-to-teacher ratio below the national average of 14 students per teacher, with the ratio decreasing steadily from 13.42 in 2014 to 10.87 in 2023. This trend suggests smaller class sizes, which might appeal to parents looking for more individualized attention for their children. For investors, developers, and real estate agents, these ratios could indicate a strong selling point when promoting residential properties in the area. Additionally, insurance agents and appraisers might take these figures into account when assessing the locality's risk profile and property values, as smaller class sizes can sometimes be associated with higher community engagement and well-maintained educational facilities.