Jefferson County Real Estate and Livability Trends
Jefferson County, Oregon has seen home values nearly double from $149,100 in 2015 to $307,200 in 2022, suggesting heightened demand and possibly limited supply. Despite these increases, it's still below the Oregon median of $423,100, offering investor opportunities. Residential energy tax credits peaked at $3,066.67 in 2018, attracting sustainable development. The drop in farm tax returns to... Read more
Jefferson County Market Trends
Over the past eight years, Jefferson County, Oregon, has seen median home values soar from $149,100 in 2015 to $307,200 in 2022, reflecting potentially increasing demand and limited supply. Compared to the 2022 Oregon median of $423,100, Jefferson County remains more affordable, offering opportunities for investors and relocators alike. Energy-efficient home investments have surged, with... Read more
Median Value of Occupied Housing Units in Jefferson County, Oregon Over the Last 8 Years
The Jefferson County, Oregon real estate market has seen a significant upward trend in median home values over the past eight years, rising from $149,100 in 2015 to $307,200 in 2022. This considerable growth, more than doubling in less than a decade, potentially points to increasing demand and limited housing supply in the area. When compared to the state and national averages, Jefferson County still trails behind Oregon’s median value of $423,100 in 2022 but outpaces the national median of $179,400. This makes Jefferson County an interesting spot for those considering investment opportunities or relocation, with housing prices rising but still more accessible than the broader Oregon market.
Residential Energy Tax Credit Per Tax Return in Jefferson County, OR Over the Last 9 Years
Jefferson County, Oregon has seen a notable increase in the average residential energy tax credit per tax return over the past nine years, reflecting a growing emphasis on energy-efficient home investments. Peaks were observed in 2018 at approximately $3066.67 and 2021 at around $2457.14. This trend suggests a significant potential for real estate stakeholders, such as investors or developers, to capitalize on energy-saving technologies and incentives. Real estate agents and appraisers might also find this noteworthy for evaluating property values, while insurance agents could consider the reduced risk associated with energy-efficient upgrades.
Average Real Estate Taxes Per Tax Return in Jefferson County, OR Over the Last 10 Years
Over the last decade in Jefferson County, Oregon, the average real estate taxes per tax return have seen a notable increase, moving from approximately $2,311.37 in 2012 to around $3,487.32 by 2021. The trend shows a significant jump especially between 2016 and 2018, peaking at roughly $3,665.22 in 2020. This upward movement reflects possibly higher property values and could influence decisions for those looking to invest, move, or appraise properties in the area. For real estate agents and insurance agents, these figures might be essential in anticipating cost trends and advising clients accordingly.
Percentage of Farm Returns in Jefferson County, OR Over the Last 10 Years
In Jefferson County, Oregon, the percentage of farm tax returns has generally shown a gradual decline over the past decade, dropping from 3.99% in 2012 to around 2.90% in 2021. After a marked dip in 2020 to 2.66%, there was a slight uptick in 2021. Farm tax returns are critical indicators of the economic activity and financial health of agricultural enterprises in the area. These numbers may suggest a trend toward diversification of income sources or a pressure on traditional farming practices. For potential investors, developers, or those considering moving to Jefferson County, understanding this trend is key, as it could impact future property values, business opportunities, and the landscape of local agriculture.
Number of Mortgages by Occupancy Type in Jefferson County, OR Over the Last 5 Years in Jefferson County
Jefferson County, Oregon has experienced fluctuations in mortgage activity across different occupancy types over the past five years. Principal residences have consistently dominated the mortgage landscape, seeing the highest counts each year, though with a declining trend from 2018 to 2022. Investment properties and second residences, while significantly lower in numbers, also show varying trends, with a noticeable dip in both categories by 2022. These shifts in occupancy types could signal changing housing demands and investment behaviors, influencing market dynamics crucial for real estate agents, investors, and appraisers. Buyers and builders might also find these trends relevant when assessing the stability and growth potential of the housing market in this region.
Economic Outlook
Jefferson County, Oregon has seen a consistent rise in average taxable income per tax return, reaching $58,018.77 in 2021, hinting at a strengthening local economy that could attract investments and real estate development. The average state and local income taxes have also climbed, from $5,029.38 in 2012 to $8,674.32 in 2021, influencing cost-of-living calculations and property assessments. Additionally, total tax liability per tax return has increased to about $7,886.54 in 2021, which may... Read more
Average Taxable Income per Tax Return in Jefferson County, OR over the last 9 years
The average taxable income per tax return in Jefferson County, Oregon has shown a general upward trend over the past nine years, with 2021 seeing a notable increase to $58,018.77. This growth in income might suggest a strengthening local economy, potentially making it a more attractive area for investment and real estate development. For those considering moving to Jefferson County or for appraisers and insurance agents assessing the area, understanding this rising income trend could provide valuable insights into the county's financial health and property market dynamics.
Average State and Local Income Taxes Per Tax Return in Jefferson County, OR Over the Last 10 Years
Over the past decade, Jefferson County, Oregon has seen a notable upward trend in average state and local income taxes per tax return. From $5,029.38 in 2012 to $8,674.32 in 2021, taxes have generally increased, peaking at $9,110.26 in 2019. This growth may impact investment decisions, cost of living considerations, and property valuations. Factors such as rising tax rates are crucial for those looking to invest, move, or appraise property in the county, influencing overall economic planning and financial forecasting.
Average Total Tax Liability Per Tax Return in Jefferson County, OR Over the Last 10 Years
Over the past decade, Jefferson County, Oregon has seen a notable increase in average total tax liability per tax return, with amounts rising from $5,535.12 in 2012 to approximately $7,886.54 in 2021. This rising trend may suggest several underlying economic conditions, such as potential increases in property values or incomes, making Jefferson County an intriguing area to watch for investors and real estate agents. While the increase is steady, the substantial jump in 2021 could indicate significant economic or policy shifts that could impact those looking to move to or invest in the area.
Cost of Living in Jefferson County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,451 | $1,576 | $1,970 | $1,379 | $1,865 |
1 adult 4 children | $1,451 | $1,287 | $1,488 | $1,379 | $1,929 |
2 adults 3 children | $1,451 | $1,288 | $1,719 | $1,379 | $1,599 |
1 adult 3 children | $1,451 | $1,051 | $1,237 | $1,379 | $1,628 |
2 adults 2 children | $1,021 | $1,054 | $1,467 | $1,202 | $1,232 |
1 adult 2 children | $1,021 | $787 | $985 | $1,202 | $1,189 |
2 adults 1 child | $1,021 | $833 | $1,216 | $627 | $1,086 |
1 adult 1 child | $1,021 | $538 | $734 | $627 | $911 |
2 adults | $806 | $669 | $964 | $0 | $853 |
1 adult | $683 | $365 | $482 | $0 | $686 |
Safety trends & Data
Property crime trends in Jefferson County, Oregon, have shifted dramatically over the past five years. Larceny-theft cases, traditionally the most common, plunged from 90.0 in 2018 to just 19.0 in 2022. Burglary rates also dropped from a high of 10.0 cases to 4.0 in the same period. Motor vehicle theft has stayed more stable, ranging between 9.0 and 14.0 cases yearly. Vandalism shows some variability, peaking at 16.0 cases in 2021 without a clear trend. These changes may influence property... Read more
Property Crime Trends in Jefferson County, OR Over the Last 5 Years
Property crime trends in Jefferson County, Oregon have seen notable changes over the past five years. Larceny-theft cases, the most prevalent type of property crime, have decreased from a high of 90.0 cases in 2018 to only 19.0 in 2022, indicating a significant drop. Burglary rates also show a declining trend, with a peak of 10.0 cases in multiple years, reducing to 4.0 cases by 2022. On the other hand, motor vehicle theft has remained relatively consistent, fluctuating between 9.0 and 14.0 cases annually. Vandalism incidents exhibit variability but do not show a clear upward or downward pattern, peaking at 16.0 cases in 2021. These trends could impact both property valuation and insurance premiums, informing decisions for potential investors and residents.
Demographics
In Jefferson County, Oregon, males slightly outnumber females within the adult population. Educational attainment levels suggest a significant portion has either a high school diploma or some college experience, though relatively fewer individuals hold graduate or professional degrees. The age distribution shows a reasonably balanced spread across various age groups, with noticeable clusters in the 25-34 and 55-64 brackets. Ethnically, the population is predominantly White, but there's a... Read more
Race Distribution in Jefferson County, Oregon (2022)
Educational Attainment in Jefferson County, Oregon (2022)
Age Distribution in Jefferson County, Oregon
Citizen Population in Jefferson County, Oregon (2022)
Political Trends & Data
Real estate markets in Jefferson County, Oregon, may be subtly influenced by its political leanings, which have shown a strong preference for Republican candidates in recent elections. This political landscape could potentially attract like-minded buyers seeking a community with conservative values. While third-party candidates make minimal impact, the two-party dynamic prevails, indicating stability yet limited diversity in political ideology within the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Jefferson County, Oregon showed a strong lean towards Republican candidates in the 2020 U.S. Presidential Election, possibly reflecting a more conservative local electorate. Democrats secured a significant but smaller portion of the vote, while Libertarian and Green party candidates, along with others, garnered minimal support. This trend could suggest a solidified two-party dynamic with infrequent deviations towards third-party options.
60.35% of voters voted for the Republican party in the 2020 Presidential Election
36.88% of voters voted for the Democrat party in the 2020 Presidential Election
1.76% of voters voted for the Livertarian party in the 2020 Presidential Election
0.48% of voters voted for the Green party in the 2020 Presidential Election
0.54% of voters voted for the Other party in the 2020 Presidential Election
School Data
Jefferson County, Oregon has seen a gradual improvement in its student-to-teacher ratio over the past decade, dropping from 17 in 2014 to just under 13 in 2023. With the current ratio better than the national average of 14, this could imply more individualized attention and potentially better educational outcomes, making Jefferson County appealing for families prioritizing education. For real estate agents and investors, this trend could be a significant selling point, while appraisers and... Read more
Student-to-teacher ratio in Jefferson County, Oregon over the last 10 years
Recent trends show a gradual improvement in Jefferson County, Oregon's student-to-teacher ratio over the past decade, dropping from 17 in 2014 to just under 13 in 2023. This suggests fewer students per teacher, which could imply more individualized attention and potentially better educational outcomes. The current ratio is notably better than the national average of 14 students per teacher, potentially making Jefferson County appealing for families prioritizing education. For real estate agents and investors, this could be a significant selling point, while appraisers and insurance agents might see this trend as adding value to properties in the area.