Harney County Real Estate and Livability Trends
Harney County, Oregon has seen median home values climb from $102,000 in 2015 to $174,100 in 2022, indicating potential investment opportunities due to relatively lower price points. Increasing residential energy tax credits, especially in recent years, suggest a surge in energy-efficient home investments, making the area appealing for eco-conscious buyers. Meanwhile, average real estate taxes... Read more
Harney County Market Trends
Harney County's median home values have climbed notably from $102,000 in 2015 to $174,100 in 2022, though they still lag behind state and national medians. Despite this, the growth trajectory signals potential investment opportunities due to relatively lower price points. The rise in residential energy tax credits, particularly in 2020 and 2021, indicates a surge in energy-efficient home... Read more
Median Value of Occupied Housing Units in Harney County, Oregon Over the Last 8 Years
Harney County's median home values have seen a significant rise over the last eight years, jumping from $102,000 in 2015 to $174,100 in 2022. While impressive, it's important to note that these values still trail behind the Oregon state median, which soared from $237,300 to $423,100 during the same period. Additionally, Harney County's growth is somewhat aligned with national trends, where the median value increased from $125,500 to $179,400. This growth trajectory might suggest Harney County offers investment potential, especially given its current lower median values compared to the state and national averages.
Residential Energy Tax Credit Per Tax Return in Harney County, OR Over the Last 6 Years
Recent data shows a significant increase in residential energy tax credits in Harney County, Oregon, particularly in the years 2020 and 2021, where average credits per tax return surged to $650.00 and $550.00 respectively. This could suggest a growing investment in energy-efficient home upgrades or new energy-related incentives, making the county an appealing option for eco-conscious homebuyers and investors. The jump from consistently lower average values around $250.00 in the preceding years highlights a potential shift in local energy policies or homeowner priorities.
Average Real Estate Taxes Per Tax Return in Harney County, OR Over the Last 10 Years
Harney County, Oregon, has experienced a noticeable increase in average real estate taxes per tax return over the past decade. From $1,769.49 in 2012, taxes have gradually risen to $2,580.00 by 2021, with a significant spike to $2,650.00 in 2018. This trend could suggest a rising property market and potential appreciation in property values, making it a crucial consideration for investors, appraisers, real estate agents, and anyone interested in the local real estate landscape.
Percentage of Farm Returns in Harney County, OR Over the Last 10 Years
In Harney County, Oregon, the percentage of farm tax returns has shown a modest fluctuation over the past decade, averaging around 16%. Peaks can be noted in 2016 at 17.97% and troughs in 2020 at 14.46%. Farm tax returns indicate the portion of tax filings that are linked to farm income, providing insight into the vitality of the agricultural sector. For potential investors, builders, or new residents, these metrics could suggest stability and potential in the county's agricultural economy.
Number of Mortgages by Occupancy Type in Harney County, OR Over the Last 5 Years in Harney County
In Harney County, Oregon, over the past 5 years, there's been a significant focus on principal residences, with mortgage counts fluctuating between 217 and 338 annually. Investment properties saw a consistent but relatively low activity, with mortgage counts ranging from 7 to 13 per year. Second residences remained the least common type, maintaining single-digit mortgage approvals throughout. These shifts are crucial for investors and developers gauging market demand, as a higher volume of principal residence mortgages suggests a stable local population and potentially rising property values. For insurance agencies and appraisers, understanding these trends helps in risk assessment and valuation accuracy. Real estate agents, too, can leverage this data to tailor their services and marketing strategies accordingly, attracting potential homebuyers effectively.
Economic Outlook
Harney County, Oregon, has shown a variable yet upward trend in average taxable income per tax return, climbing from about $36,076.77 in 2013 to around $49,458.49 by 2021. A notable surge occurred in 2021, hinting at potentially rising incomes which could attract investors or new residents. However, average state and local income taxes also climbed, from approximately $4,780.00 in 2012 to $6,883.33 in 2021, with spikes in 2015 and 2019 affecting the overall rise. Average total tax liability... Read more
Average Taxable Income per Tax Return in Harney County, OR over the last 9 years
Harney County, Oregon has seen a variable yet generally increasing trend in average taxable income per tax return over the past nine years. In 2013, the average taxable income per return was around $36,076.77, which gradually climbed to approximately $49,458.49 by 2021. Significant boosts are noted in particular years, like 2014 and 2017, with a notable surge in 2021. This pattern suggests that incomes in the county might be on the rise, which could be appealing for potential investors or those considering relocation. However, the fluctuations indicate some economic variability that appraisers and insurance agents might want to keep an eye on when evaluating long-term financial stability in the area.
Average State and Local Income Taxes Per Tax Return in Harney County, OR Over the Last 10 Years
Over the last decade, Harney County, Oregon, has experienced a general upward trend in average state and local income taxes per tax return, rising from approximately $4,780.00 in 2012 to $6,883.33 in 2021. Notably, there were peaks in 2015 and 2019, with taxes reaching $6,319.35 and $8,171.43, respectively. Although there was a dip following the 2019 peak, the figures have mostly stayed above the $6,000 mark since 2015. This pattern suggests a growing tax burden, which could affect real estate values, investment decisions, and overall cost of living considerations for individuals and businesses in the area.
Average Total Tax Liability Per Tax Return in Harney County, OR Over the Last 10 Years
Over the last decade, Harney County, Oregon has experienced fluctuations in average total tax liability per tax return, peaking in 2021 at $6,739.17. The lowest point was in 2013 at $4,848.19, but in general, there has been a gradual increase with notable spikes in 2015 and 2021. This upward trajectory in tax liabilities might suggest rising incomes or changes in the tax code, making it crucial for potential investors and property developers to consider the evolving tax landscape when assessing the financial viability of projects in the region.
Cost of Living in Harney County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,174 | $2,083 | $1,970 | $1,287 | $1,971 |
1 adult 4 children | $1,174 | $1,701 | $1,488 | $1,287 | $1,989 |
2 adults 3 children | $1,174 | $1,702 | $1,719 | $1,287 | $1,645 |
1 adult 3 children | $1,174 | $1,389 | $1,237 | $1,287 | $1,638 |
2 adults 2 children | $826 | $1,393 | $1,467 | $1,123 | $1,271 |
1 adult 2 children | $826 | $1,041 | $985 | $1,123 | $1,197 |
2 adults 1 child | $826 | $1,101 | $1,216 | $591 | $1,106 |
1 adult 1 child | $826 | $711 | $734 | $591 | $893 |
2 adults | $628 | $884 | $964 | $0 | $866 |
1 adult | $552 | $482 | $482 | $0 | $678 |
Safety trends & Data
Harney County, Oregon, has seen a fluctuating pattern in property crimes over the last five years, with significant peaks in larceny-theft and burglary in 2018, followed by a marked decline in these incidents from 2019 through 2022. This trend might suggest improved community safety or more effective law enforcement, possibly implying a stabilized or improving quality of life for residents. Potential investors, real estate agents, and appraisers may find these patterns relevant when assessing... Read more
Property Crime Trends in Harney County, OR Over the Last 5 Years
Harney County, Oregon, has shown a fluctuating pattern in property crimes over the last five years, with significant peaks in 2018 for larceny-theft and burglary incidents. A noticeable decline is observed post-2018, particularly in burglary and larceny-theft cases, dropping markedly in 2019 and remaining relatively low through 2022. This decline could suggest improved community safety or more effective law enforcement initiatives. For potential investors, real estate agents, and those considering a move, this trend may imply a stable or improving quality of life with potentially decreasing risk factors associated with property crime. Appraisers and insurance agents might find these trends noteworthy when evaluating property values or setting insurance premiums.
Demographics
Harney County, Oregon's adult population slightly favors females over males. The area shows a diverse range of educational attainment with a notable portion achieving some college education but no degree, and a significant number holding high school diplomas. Age distribution skews towards older age brackets, particularly those aged 55 to 74. The racial makeup is predominantly White, indicating limited ethnic... Read more
Race Distribution in Harney County, Oregon (2022)
Educational Attainment in Harney County, Oregon (2022)
Age Distribution in Harney County, Oregon
Citizen Population in Harney County, Oregon (2022)
Political Trends & Data
In Harney County, Oregon, the 2020 U.S. Presidential Election results strongly leaned towards the Republican party, suggesting a community with conservative preferences. The Democratic party received fewer votes, indicating potentially less support for progressive policies. Limited interest in Libertarian and Green parties suggests a primarily two-party political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Harney County, Oregon, the 2020 U.S. Presidential Election results showed a significant preference for the Republican party, which might indicate strong conservative leanings within the community. The Democratic party secured a smaller portion of the vote, possibly signaling less support for progressive policies in this region. Additionally, the minimal votes for Libertarian and Green parties suggest limited interest in alternative political ideologies. This could reflect a predominantly two-party dynamic in the area's political landscape.
77.55% of voters voted for the Republican party in the 2020 Presidential Election
19.95% of voters voted for the Democrat party in the 2020 Presidential Election
1.41% of voters voted for the Livertarian party in the 2020 Presidential Election
0.20% of voters voted for the Green party in the 2020 Presidential Election
0.89% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Harney County, Oregon has declined from around 11 students per teacher in 2014 to about 9 in 2023, staying well below the national average of 14. This could suggest smaller classes and more individualized attention, likely making the area appealing to families and boosting property values. For real estate agents, investors, and even insurance agents, this trend may indicate a desirable educational environment, a potential driver for stable or rising property... Read more
Student-to-teacher ratio in Harney County, Oregon over the last 10 years
The student-to-teacher ratio in Harney County, Oregon has shown a general decline over the past decade, starting at approximately 11 students per teacher in 2014 and reaching a low of about 9 students per teacher in 2023. Throughout this period, the ratio has remained below the national average of 14 students per teacher, which could indicate smaller class sizes and potentially more individualized attention for students in the area. For prospective residents, real estate agents, and investors, this trend may suggest a more favorable educational environment. Similarly, for insurance agents and property appraisers, the sustained lower ratios might imply stable or potentially increasing property values as education quality can be a significant factor in residency decisions.