Grant County Real Estate and Livability Trends
Grant County, Oregon's real estate market has seen intriguing trends. The median home value reached $185,500 in 2022, making it relatively affordable compared to the Oregon state median of $423,100. Steady increases in real estate taxes, rising from approximately $2,114.87 in 2012 to $3,288.89 in 2021, may impact homeowners' financial planning. A notable climb in principal residence mortgages... Read more
Grant County Market Trends
The median home value in Grant County, Oregon has shown a generally upward trend, peaking at $185,500 in 2022, offering a more affordable market compared to broader Oregon, where median values soared to $423,100 the same year. Residential energy tax credits in the county have fluctuated from $220.00 in 2015 to $940.00 in 2021, suggesting erratic uptake of energy-saving investments. Real estate... Read more
Median Value of Occupied Housing Units in Grant County, Oregon Over the Last 8 Years
Over the last eight years, the median home value in Grant County, Oregon has shown a fluctuating yet generally upward trend, peaking at $185,500 in 2022. This increase might attract potential investors and residents seeking a more affordable market compared to the broader Oregon state, where median values have soared from $237,300 in 2015 to $423,100 in 2022. Notably, Grant County's values are also staying below the national average but have closely mirrored the overall positive trajectory. This dynamic might present unique opportunities for those looking for more reasonable entry points into the real estate market within Oregon.
Residential Energy Tax Credit Per Tax Return in Grant County, OR Over the Last 7 Years
Grant County, Oregon has seen an erratic trend in residential energy tax credits over the past seven years, with values fluctuating widely from $220.00 in 2015 to a high of $940.00 in 2021. This variation might suggest inconsistent uptake of energy-saving investments or changing tax policies affecting incentives. Notably, after a dip to $200.00 in 2016, there was a significant peak in 2017 at $450.00, followed by an even greater spike in 2021, which could imply a recent surge in energy-efficient home improvements. This volatility could be critical for those considering investments in property or renewable energy projects in Grant County.
Average Real Estate Taxes Per Tax Return in Grant County, OR Over the Last 10 Years
Over the past decade, Grant County, Oregon has seen a noticeable rise in average real estate taxes per tax return, climbing from approximately $2,114.87 in 2012 to around $3,288.89 in 2021. This steady increase might reflect broader economic trends, property value appreciation, or shifts in local tax policies, making the area potentially more expensive for homeowners. Those considering property investments or relocations might need to account for these higher tax obligations in their financial planning. Such trends could also influence the calculations of appraisers, insurance premiums, and overall market dynamics for real estate agents and developers in the region.
Percentage of Farm Returns in Grant County, OR Over the Last 10 Years
In Grant County, Oregon, the percentage of farm tax returns has fluctuated slightly over the last decade, peaking at around 12.17% in 2012 and dipping to a low of approximately 10.30% in 2020. This data could suggest some variability in the agricultural sector, potentially influenced by factors like market conditions, regulation changes, or environmental impacts. For investors or those considering moving to the area, this trend might indicate a resilient but potentially volatile farming community. Farm tax returns are tax filings that active farm owners submit, reflecting their income and operating expenses, and they provide a snapshot of the farm economy's health. For those interested in investing in or building property in Grant County, monitoring these trends can offer insight into the economic landscape and agricultural sector's stability.
Number of Mortgages by Occupancy Type in Grant County, OR Over the Last 5 Years in Grant County
Grant County, Oregon has seen fluctuations in mortgage activity over the past five years, particularly in the categories of principal residences, investment properties, and second residences. Principal residence mortgages show a significant climb, peaking in 2021. Such trends suggest a growing demand for primary housing, potentially driving up property values and indicating a stable or increasing population. Investment property mortgages have remained relatively low, possibly reflecting caution among investors or limited opportunities for lucrative rental income. Second residences saw modest changes, hinting at a steady but minor interest in vacation or secondary homes. These dynamics are crucial for investors, appraisers, insurance agents, and real estate professionals; they highlight shifting demand and can provide insight into market stability, property value trends, and the risk landscape associated with different property types.
Economic Outlook
Grant County, Oregon has experienced a steady rise in average taxable income per tax return over the past nine years, reaching $59,179.19 in 2021. Meanwhile, average state and local income taxes per tax return have also trended upward, notably peaking at $9,200.00 in 2018 and settling at $9,040.00 in 2021. Total tax liability has similarly increased from around $5,489.25 in 2013 to $8,334.13 in 2021. These trends suggest a growing economic vitality that could be attractive to investors, real... Read more
Average Taxable Income per Tax Return in Grant County, OR over the last 9 years
Grant County, Oregon has seen a notable upward trend in average taxable income per tax return over the past nine years, peaking at $59,179.19 in 2021. Despite some fluctuations, the overall increase in income levels suggests potential economic growth, which may attract investors and new residents. These trends can impact property values, making it interesting for appraisers and real estate agents. While higher incomes could be appealing to insurance agents assessing risk, builders might find increased opportunities in the county.
Average State and Local Income Taxes Per Tax Return in Grant County, OR Over the Last 10 Years
Over the last decade in Grant County, Oregon, the average state and local income taxes per tax return have shown a notable increase. From around $5,197.40 in 2012, there has been a general upward trend, peaking significantly at $9,200.00 in 2018. Although there's some fluctuation, recent figures like $9,040.00 in 2021 suggest higher-than-average taxes compared to earlier years. This trend is worth noting for anyone considering investments, property development, or relocation, as these changes could impact financial planning and decision-making processes.
Average Total Tax Liability Per Tax Return in Grant County, OR Over the Last 10 Years
Over the past decade in Grant County, Oregon, average total tax liability per tax return has seen a noticeable upward trend, particularly peaking in recent years. From a low of approximately $5,489.25 in 2013, the liability surged to about $8,334.13 by 2021. This growth could suggest increased property values or shifts in local taxation policies, which might interest appraisers and real estate agents. For potential investors or those considering relocation, understanding this tax trend is crucial, as it reflects the evolving economic landscape of the county.
Cost of Living in Grant County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,296 | $1,476 | $1,970 | $1,287 | $1,728 |
| 1 adult 4 children | $1,296 | $1,205 | $1,488 | $1,287 | $1,799 |
| 2 adults 3 children | $1,296 | $1,206 | $1,719 | $1,287 | $1,471 |
| 1 adult 3 children | $1,296 | $984 | $1,237 | $1,287 | $1,493 |
| 2 adults 2 children | $912 | $987 | $1,467 | $1,123 | $1,164 |
| 1 adult 2 children | $912 | $737 | $985 | $1,123 | $1,103 |
| 2 adults 1 child | $912 | $780 | $1,216 | $591 | $1,033 |
| 1 adult 1 child | $912 | $504 | $734 | $591 | $863 |
| 2 adults | $698 | $627 | $964 | $0 | $809 |
| 1 adult | $610 | $342 | $482 | $0 | $660 |
Safety trends & Data
Grant County, Oregon has experienced a fluctuating trend in property crime over the last five years, with burglary and larceny-theft as the most common offenses. Notably, larceny-theft incidents have generally declined, from a high of 8.0 in 2018 to just 1.0 in 2021. This drop in crime rates could potentially influence property investments and insurance assessments, possibly leading to lower insurance premiums and affecting property values. For real estate agents and potential investors, these... Read more
Property Crime Trends in Grant County, OR Over the Last 5 Years
Over the last five years, Grant County, Oregon has seen a fluctuating trend in property crime, with burglary and larceny-theft being the most common offenses. Interestingly, larceny-theft incidents have generally declined from 2018’s high of 8.0 to just 1.0 in 2021. Fraud cases, while less frequent, also show a downward trend. This variability in crime rates could influence property investments and insurance assessments, potentially lowering insurance premiums and affecting property values. For real estate agents and potential investors, this nuanced picture of property crime offers a glimpse into the safety and desirability of the area.
Demographics
Grant County, Oregon's adult population skews slightly more male but remains almost evenly split between genders. Higher educational attainment is generally low, with a significant portion having only a high school diploma or some college experience without a degree. An aging population is evident, with a substantial number of residents over 55, suggesting potential pressures on local healthcare and services. The racial makeup is predominantly White, with very minimal representation from other... Read more
Race Distribution in Grant County, Oregon (2022)
Educational Attainment in Grant County, Oregon (2022)
Age Distribution in Grant County, Oregon
Citizen Population in Grant County, Oregon (2022)
Political Trends & Data
Grant County, Oregon, displayed a significant conservative tilt in the 2020 U.S. Presidential Election, with around 77% of the vote going to the Republican Party. The Democratic Party only managed to secure roughly 20%, and third parties barely reached 2% collectively. This pronounced preference for conservative policies could potentially impact local legislation and political campaign approaches moving... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Grant County, Oregon, the 2020 U.S. Presidential Election results showed a dominant preference for the Republican Party, which garnered around 77% of the vote. In comparison, the Democratic Party received roughly 20%, while other parties such as the Libertarians and Greens barely made a dent, capturing less than 2% combined. This data suggests a strong conservative leaning in this county, which could shape local policy and influence future election strategies.
77.13% of voters voted for the Republican party in the 2020 Presidential Election
20.21% of voters voted for the Democrat party in the 2020 Presidential Election
1.68% of voters voted for the Livertarian party in the 2020 Presidential Election
0.26% of voters voted for the Green party in the 2020 Presidential Election
0.72% of voters voted for the Other party in the 2020 Presidential Election
School Data
Grant County, Oregon's student-to-teacher ratio has steadily decreased from 12:1 in 2014 to just over 9:1 in 2023, reflecting smaller class sizes and potentially higher-quality education. This is attractive to families and could signal a stable, improving community for real estate investors and appraisers, possibly impacting property values and investment... Read more
Student-to-teacher ratio in Grant County, Oregon over the last 10 years
Grant County, Oregon has seen a gradual decline in the student-to-teacher ratio over the past decade, starting at 12 students per teacher in 2014 and dropping to just over 9 students per teacher in 2023. This trend suggests that class sizes in the area have been getting smaller, which may enhance individual student attention and potentially improve educational outcomes. For investors, real estate agents, and individuals looking to move to the area, this lower ratio could indicate a high-quality education system compared to the national average of 14 students per teacher, making the county more attractive for families. Additionally, appraisers and insurance agents might interpret these figures as a sign of a stable and improving community, which can influence property values and risk assessments.
