Josephine County Real Estate and Livability Trends
Josephine County, Oregon, has experienced a dramatic rise in median home values, jumping from $215,900 in 2015 to $353,800 in 2022, outpacing both state and national averages. This positions the area as a prime target for investors and homeowners. Property taxes also saw a notable increase, which might reflect the higher property values. Despite economic indicators showing improvement, like the... Read more
Josephine County Market Trends
Josephine County's median home values surged from $215,900 in 2015 to $353,800 in 2022, outpacing both Oregon and national averages. This significant value appreciation makes the area a tempting prospect for investors and homeowners alike. Additionally, energy tax credits show considerable fluctuation, suggesting potential economic benefits of energy-efficient homes. Property taxes have steadily... Read more
Median Value of Occupied Housing Units in Josephine County, Oregon Over the Last 8 Years
Josephine County's housing market has seen a significant upward trend over the past eight years, with median home values increasing from $215,900 in 2015 to $353,800 in 2022. This growth rate has outpaced both the state of Oregon and national averages. For instance, Oregon's median home value rose from $237,300 to $423,100 in the same period, while the national median value only moved from $125,500 to $179,400. This makes Josephine County an attractive consideration for investors and potential homeowners looking for value appreciation.
Residential Energy Tax Credit Per Tax Return in Josephine County, OR Over the Last 9 Years
Residential energy tax credits in Josephine County, Oregon have shown considerable fluctuation over the past nine years. Starting at around $507.69 in 2013 and peaking at $3300.00 in 2018, with a notable drop to $2050.00 in 2019 before rising again to $3211.94 in 2021. These trends may indicate growing investments in energy-efficient home improvements or state-driven incentives aimed at encouraging such upgrades. Potential investors and property developers might find these data points useful for evaluating the economic benefits of energy-efficient properties in the area. Similarly, insurance agents and appraisers could leverage this information to better estimate future savings and benefits associated with energy-efficient homes.
Average Real Estate Taxes Per Tax Return in Josephine County, OR Over the Last 10 Years
Over the past decade, Josephine County, Oregon has seen real estate taxes per tax return increase from approximately $2,054.59 in 2012 to around $3,407.39 in 2021. Notably, there was a sharp spike in 2017 and 2018, reaching up to $3,394.04. This upward trend in property taxes might be indicative of rising property values or increased funding needs for public services, and it could impact decisions for potential investors and current residents. Appraisers, real estate agents, and insurance agents may find these figures particularly useful when assessing market conditions and advising clients.
Percentage of Farm Returns in Josephine County, OR Over the Last 10 Years
In Josephine County, Oregon, the percentage of farm tax returns has seen a gradual decline over the last decade, dropping from 1.60% in 2012 to approximately 1.15% in 2021. This trend might suggest a reduction in farm-related activities or a shift in economic focus within the county. For potential investors, developers, and residents, this could hint at changing land use priorities or economic conditions that might influence decisions on land purchases, property developments, and long-term investment opportunities. Understanding these trends can provide valuable insights into the agricultural and economic landscape of the region.
Number of Mortgages by Occupancy Type in Josephine County, OR Over the Last 5 Years in Josephine County
Over the past five years, the trend in Josephine County, Oregon shows a declining number of mortgages for principal residences, dropping from a peak of 6,890 in 2021 to 3,953 in 2022. Investment property mortgages also dipped from 463 in 2021 to 272 in 2022. This shift may suggest a cooling housing market or increased competition and pricing pressures, impacting affordability and purchasing decisions. For investors, fluctuating investment property mortgages could mirror changing market confidence levels. Insurance agents might find interest in these trends as they can indicate shifts in property risk profiles. For those looking to move or build property, understanding these dynamics helps in making informed decisions on timing and expected returns. Real estate agents should note these occupancy trends to better target their marketing efforts and advise clients effectively.
Economic Outlook
Josephine County, Oregon, exhibits a marked upward trend in average taxable income per tax return, peaking at $64,898.68 in 2021, hinting at economic improvement or demographic shifts. Average state and local income taxes per tax return have also risen sharply, doubling over the decade to $11,268.38 in 2021, suggesting an increasing tax burden that could influence financial decisions. Simultaneously, average total tax liability has shown a general upward trend, reaching $10,010.63 in 2021,... Read more
Average Taxable Income per Tax Return in Josephine County, OR over the last 9 years
Average taxable income per tax return in Josephine County, Oregon shows a noticeable upward trajectory over the past nine years, with a slight dip in 2018 and a significant increase peaking in 2021 at $64,898.68. This kind of growth, especially the jump around 2017 and another in 2021, could be interesting for potential investors, real estate agents, and appraisers as it may signal economic improvement or demographic shifts. It's worth noting for insurance agents and property developers as well, as rising incomes can translate to higher property values and demand for different types of housing or services.
Average State and Local Income Taxes Per Tax Return in Josephine County, OR Over the Last 10 Years
Over the past decade, Josephine County, Oregon has observed a significant increase in average state and local income taxes per tax return, rising from $5604.47 in 2012 to $11268.38 in 2021. This upward trend suggests a growing tax burden, which might impact decisions for potential investors, homebuyers, and developers considering the area. With notable jumps around 2017 and 2018, it’s prudent for financial planners and residents to consider these changes when making fiscal decisions. This evolving tax landscape can shape overall affordability and economic strategy in the county.
Average Total Tax Liability Per Tax Return in Josephine County, OR Over the Last 10 Years
Over the past decade, Josephine County, Oregon, has seen a noticeable fluctuation in average total tax liability per tax return, with a general upward trend. In 2012, it started at approximately $6,147.32, peaking significantly in 2021 at around $10,010.63. Notably, 2017 experienced a sharp increase reaching $9,184.92, reflecting potential economic or policy shifts impacting taxpayers. For potential investors, property developers, and real estate agents, this increase in tax liability could be indicative of increased property values or changes in the local economy, affecting both cost of living and potential returns on investment. This trend may also be relevant for appraisers and insurance agents in assessing property values and risks.
Cost of Living in Josephine County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,659 | $1,572 | $1,981 | $1,673 | $2,043 |
| 1 adult 4 children | $1,659 | $1,284 | $1,492 | $1,673 | $2,104 |
| 2 adults 3 children | $1,659 | $1,285 | $1,730 | $1,673 | $1,767 |
| 1 adult 3 children | $1,659 | $1,049 | $1,241 | $1,673 | $1,810 |
| 2 adults 2 children | $1,167 | $1,052 | $1,479 | $1,481 | $1,326 |
| 1 adult 2 children | $1,167 | $785 | $990 | $1,481 | $1,304 |
| 2 adults 1 child | $1,167 | $831 | $1,229 | $858 | $1,166 |
| 1 adult 1 child | $1,167 | $537 | $740 | $858 | $988 |
| 2 adults | $887 | $668 | $978 | $0 | $842 |
| 1 adult | $781 | $364 | $489 | $0 | $678 |
Safety trends & Data
Josephine County, Oregon has experienced a significant reduction in larceny-theft incidents, plummeting from 323 cases in 2018 to just 66 in 2022. Burglary and motor vehicle theft also trend downward, hinting at better security measures or changing economic factors. Vandalism incidents peaked in 2018 but dropped considerably to 56 cases by 2022. However, arson and handling stolen property crimes have shown sporadic fluctuations, suggesting uneven progress. Real estate stakeholders should... Read more
Property Crime Trends in Josephine County, OR Over the Last 5 Years
Josephine County, Oregon has seen notable shifts in property crime trends over the past five years. While larceny-theft incidents were significantly high in 2018 and 2019, there's been a marked decrease each year, with just 66 cases in 2022 compared to 323 in 2018. Burglary and motor vehicle theft also show a general decline, suggesting improved security measures or economic factors at play. Vandalism peaked in 2018 but has fallen to 56 incidents by 2022. Conversely, certain crimes like arson and handling stolen property display sporadic fluctuations. Real estate agents, investors, and insurance professionals should consider these dynamic trends when evaluating Josephine County's evolving safety landscape.
Demographics
Josephine County, Oregon appears to have a nearly balanced adult population between males and females. Educational attainment skews towards high school graduates and those with some college but without a degree, hinting at a potential need for higher educational resources. Notably, the county has a significant older population, particularly in the 55-74 age range, which may drive demand for healthcare and retirement services. The racial composition is overwhelmingly White, with Black or African... Read more
Race Distribution in Josephine County, Oregon (2022)
Educational Attainment in Josephine County, Oregon (2022)
Age Distribution in Josephine County, Oregon
Citizen Population in Josephine County, Oregon (2022)
Political Trends & Data
Josephine County in Oregon appears to lean Republican, with about 61.5% of the 2020 U.S. Presidential Election votes going to the Republican candidate, while the Democratic candidate received around 35.7%. Libertarians drew about 1.5%, and other minor parties each had less than 1%. This voting pattern could suggest a strong conservative presence, though the minor party votes add an element of political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Josephine County in Oregon potentially leans Republican, with approximately 61.5% of the vote in the 2020 U.S. Presidential Election going to the Republican candidate, compared to 35.7% for the Democratic candidate. Libertarian candidates seem to have garnered about 1.5% of the vote, while the Green Party and other parties each received less than 1% of the vote. This distribution might suggest a strong conservative presence in the county, though the minor party votes indicate some degree of political diversity.
61.48% of voters voted for the Republican party in the 2020 Presidential Election
35.73% of voters voted for the Democrat party in the 2020 Presidential Election
1.54% of voters voted for the Livertarian party in the 2020 Presidential Election
0.43% of voters voted for the Green party in the 2020 Presidential Election
0.82% of voters voted for the Other party in the 2020 Presidential Election
School Data
Josephine County, Oregon has exhibited notable student-to-teacher ratio swings over the past decade, peaking at 31 students per teacher in 2022 before settling to around 21. These figures consistently exceed the national average of 14, hinting at larger class sizes and potentially diminished individual attention. This trend could shape perceptions of educational quality and impact the area’s appeal to investors, appraisers, real estate agents, and prospective... Read more
Student-to-teacher ratio in Josephine County, Oregon over the last 10 years
Josephine County, Oregon has seen significant fluctuations in its student-to-teacher ratios over the past decade. Most notably, while the ratio was as high as 23 in 2014, it saw a substantial peak at 31 in 2022 before dropping back to around 21 the following year. These numbers consistently remain above the current national average of 14 students per teacher, which might suggest larger class sizes and potential impacts on individual student attention and resource allocation. Investors, appraisers, real estate agents, and prospective residents may want to consider these trends, as they can influence the desirability and educational quality of the area.
