Jackson County Real Estate and Livability Trends
In Jackson County, Oregon, the average taxable income per tax return has risen from $49,755.38 in 2013 to $76,929.47 in 2021, which might suggest some economic growth. However, state and local income taxes have more than doubled, and the total tax liability per return surged to $12,657.36 by 2021, hinting at costlier living. Median home values have surged from $218,100 in 2015 to $369,500 in... Read more
Jackson County Market Trends
Jackson County, Oregon, has seen consistent growth in median home values, climbing from $218,100 in 2015 to $369,500 in 2022. This reflects robust local market dynamics, especially when compared to the statewide median of $423,100. Real estate taxes also rose notably, from $3,001.28 in 2012 to $4,895.34 in 2021, impacting investment decisions and living costs. Meanwhile, energy tax credits peaked... Read more
Median Value of Occupied Housing Units in Jackson County, Oregon Over the Last 8 Years
Over the past 8 years, median home values in Jackson County, Oregon have seen consistent growth, reaching $369,500 in 2022, a substantial increase from $218,100 in 2015. This trend possibly indicates robust local market dynamics, compared to the statewide median which also rose but to a higher $423,100 in 2022. On the national level, median home values climbed to $179,400 in 2022, significantly lower than both Jackson County and Oregon. For potential investors or residents, this data could imply a relatively higher demand and possibly a stronger real estate market in Jackson County, with home values appreciating faster than the national average but slightly slower than the state median.
Residential Energy Tax Credit Per Tax Return in Jackson County, OR Over the Last 9 Years
Residential energy tax credits in Jackson County, Oregon have seen varied but substantial growth over the last decade. Beginning at an average of $667.11 per tax return in 2013, these credits dramatically increased, hitting a peak of $3,216.22 in 2018 and $3,162.96 in 2021. This could indicate a trend toward higher adoption of energy-efficient home improvements or investments in renewable energy sources within the area, presenting potential opportunities for real estate investors, appraisers, and insurance agents to focus on properties with such enhancements. For those building or purchasing, understanding these trends might suggest long-term benefits in energy savings and tax incentives.
Average Real Estate Taxes Per Tax Return in Jackson County, OR Over the Last 10 Years
Over the past decade, Jackson County, Oregon has seen a notable upward trend in average real estate taxes per tax return, with values rising from approximately $3001.28 in 2012 to $4895.34 in 2021. This steady increase in real estate taxes could potentially affect property investment decisions and living cost evaluations. Such a trend might be attributed to various factors like rising property values, increased municipal services, or adjustments in tax rates, which could be relevant for investors, appraisers, insurance agents, and potential residents.
Percentage of Farm Returns in Jackson County, OR Over the Last 10 Years
The percentage of farm tax returns in Jackson County, Oregon, has shown a consistent decline over the past decade, starting at around 1.88% in 2012 and dropping to approximately 1.38% by 2021. This trend may reflect broader shifts in land use or the economic viability of farming in the area. Investors, prospective residents, or property developers might interpret this as an indicator of either diminishing agricultural activity or a pivot towards other forms of land utilization within the county. It presents a nuanced picture for anyone considering the agricultural sector or land investment in Jackson County.
Number of Mortgages by Occupancy Type in Jackson County, OR Over the Last 5 Years in Jackson County
In Jackson County, Oregon, the past five years have exhibited varied trends in mortgage volumes categorized by occupancy type. Principal residence mortgages clearly dominate the market, with significant numbers peaking in 2021 at 18,422. Investment property mortgages have shown relative fluctuations, peaking slightly in 2021 with 1,317 before dropping to 827 in 2022. Second residences remain the smallest category with modest variations. These shifts are highly relevant for stakeholders—investors might infer opportunities from the rising investment property trend in early years, whereas a decline may alter their strategy. Real estate agents and appraisors could predict shifting client interests and adjust market values accordingly. Understanding these trends informs strategic decisions whether you're considering a move, investment, or new development in Jackson County.
Economic Outlook
In Jackson County, Oregon, the average taxable income per tax return has climbed from $49,755.38 in 2013 to $76,929.47 in 2021, hinting at possible economic growth. Meanwhile, average state and local income taxes per return have more than doubled from $6,599.34 in 2012 to $13,988.41 in 2021, and the total tax liability per return surged from $7,988.44 in 2012 to $12,657.36 by 2021. These trends might appeal to investors and real estate agents as signals of a growing economy, but they also point... Read more
Average Taxable Income per Tax Return in Jackson County, OR over the last 9 years
In Jackson County, Oregon, the average taxable income per tax return has shown a general upward trend over the past nine years. Starting at around $49,755.38 in 2013, the income has steadily increased, peaking at approximately $76,929.47 in 2021. This increase in average taxable income could be indicative of economic growth in the area, potentially making it a more attractive option for investors, developers, and new residents. However, it is essential to investigate underlying factors that may contribute to these changes, such as local employment rates, business developments, and broader economic conditions.
Average State and Local Income Taxes Per Tax Return in Jackson County, OR Over the Last 10 Years
Over the last ten years, Jackson County, Oregon has witnessed a significant increase in average state and local income taxes per tax return. Starting at around $6,599.34 in 2012, the amount has steadily risen, reaching $13,988.41 by 2021. This upward trend may suggest a growing economy and higher income levels, factors that could be appealing for investors, real estate agents, and potential residents. However, it may also imply higher tax liabilities that could affect cost of living and attractiveness for individuals and businesses considering a move to the area.
Average Total Tax Liability Per Tax Return in Jackson County, OR Over the Last 10 Years
Over the last decade, Jackson County, Oregon, has experienced a marked increase in average total tax liability per tax return, jumping from approximately $7,988.44 in 2012 to nearly $12,657.36 by 2021. This steady rise, especially with a notable spike between 2020 and 2021, suggests a potential uptick in income levels or changes in tax policy. This trend might interest investors eyeing economic growth, real estate agents tracking property value shifts, or insurance agents adjusting their coverage values. For those considering moving to the area or already residing there, this could indicate a stronger local economy tempered by higher living costs.
Cost of Living in Jackson County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,829 | $1,588 | $1,981 | $1,778 | $2,181 |
1 adult 4 children | $1,829 | $1,297 | $1,492 | $1,778 | $2,245 |
2 adults 3 children | $1,829 | $1,298 | $1,730 | $1,778 | $1,897 |
1 adult 3 children | $1,829 | $1,059 | $1,241 | $1,778 | $1,973 |
2 adults 2 children | $1,287 | $1,062 | $1,479 | $1,576 | $1,437 |
1 adult 2 children | $1,287 | $793 | $990 | $1,576 | $1,402 |
2 adults 1 child | $1,287 | $840 | $1,229 | $921 | $1,227 |
1 adult 1 child | $1,287 | $542 | $740 | $921 | $1,069 |
2 adults | $978 | $674 | $978 | $0 | $874 |
1 adult | $861 | $368 | $489 | $0 | $703 |
Safety trends & Data
In Jackson County, Oregon, property crime rates have fluctuated over the past five years, with larceny-theft peaking at 1,566 incidents in 2019 and burglary incidents dropping to a low of 71 in 2021 before spiking to 172 in 2022. Arson incidents increased to 42 in 2022, and vandalism hit a high of 336 incidents in 2021. These trends could potentially impact real estate values, insurance premiums, and investment decisions, shaping a dynamic market for investors and real estate professionals in... Read more
Property Crime Trends in Jackson County, OR Over the Last 5 Years
Jackson County, Oregon saw fluctuating property crime rates over the past five years, impacting various sectors differently. Notably, larceny-theft consistently remained the dominant crime, peaking at 1,566 incidents in 2019. Burglary incidents generally trended downwards, reaching a low of 71 in 2021, although they spiked again to 172 in 2022. Cases of arson and vandalism also varied, with arson seeing an increase to 42 incidents in 2022, while vandalism peaked at 336 incidents in 2021. These crime trends could potentially affect real estate values, insurance premiums, and investment decisions in the area, creating a dynamic market landscape for investors, appraisers, and real estate professionals alike.
Demographics
Jackson County, Oregon's adult population shows a slightly skewed female majority. The educational attainment varies with a significant portion having some college experience but no degree, followed closely by high school graduates. Age distribution is predominantly middle-aged and senior citizens, suggesting potential healthcare and retirement service demands. Racially, the county is predominantly White, with other races making up a much smaller percentage of the population, which might... Read more
Race Distribution in Jackson County, Oregon (2022)
Educational Attainment in Jackson County, Oregon (2022)
Age Distribution in Jackson County, Oregon
Citizen Population in Jackson County, Oregon (2022)
Political Trends & Data
In the 2020 U.S. Presidential Election, Jackson County, Oregon, showed a slight Republican preference with approximately 50.2% of the vote, closely trailed by Democrats at about 46.8%. Minor parties such as the Libertarian and Green parties garnered around 1.7% and 0.5%, respectively, indicating their limited but notable presence. This near even split between the two major parties might suggest a highly competitive political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In the 2020 U.S. Presidential Election, voting patterns in Jackson County, Oregon, might highlight a slight Republican tilt with approximately 50.2% of the vote, closely followed by Democrats at about 46.8%. Minor parties such as the Libertarian and Green parties seemed to garner a modest share of the electorate, around 1.7% and 0.5%, respectively. The slim margin between the two major parties could suggest a competitive political landscape, with third-party influences having limited impact.
50.23% of voters voted for the Republican party in the 2020 Presidential Election
46.77% of voters voted for the Democrat party in the 2020 Presidential Election
1.70% of voters voted for the Livertarian party in the 2020 Presidential Election
0.50% of voters voted for the Green party in the 2020 Presidential Election
0.80% of voters voted for the Other party in the 2020 Presidential Election
School Data
Jackson County, Oregon has seen a notable decrease in its student-to-teacher ratio, moving from around 22 in 2015 to just over 19 in 2023. This trend of lower ratios might appeal to families emphasizing education, as it suggests more individualized attention for students compared to the national average of 14. Such educational factors could influence real estate demand, insurance rates, and investment opportunities, giving local appraisers and real estate agents valuable insights for property... Read more
Student-to-teacher ratio in Jackson County, Oregon over the last 10 years
Jackson County, Oregon has generally seen a decline in its student-to-teacher ratio over the past decade, dropping from approximately 22 in 2015 to just over 19 in 2023. This trend could be appealing for those moving to or investing in the area, as lower ratios may indicate more personalized attention for students compared to the national average of 14. Wild fluctuations due to variables like economic changes might affect real estate demand, insurance rates, and investment opportunities, especially for families prioritizing education. Local appraisers and real estate agents could potentially leverage this information when assessing property values or marketing homes.