Lane County Real Estate and Livability Trends
Lane County, Oregon is seeing substantial shifts that could impact real estate dynamics. Median home values rose from $215,300.00 in 2015 to $363,800.00 in 2022, trailing slightly behind the state median of $423,100.00. Property tax increases and fluctuating energy tax credits signal growing investments and possibly higher carrying costs. Additionally, crime rates have varied, with notable... Read more
Lane County Market Trends
Lane County's housing market has shown steady appreciation, with median values rising from $215,300.00 in 2015 to $363,800.00 in 2022, although still trailing Oregon’s state median of $423,100.00. Notably, the average residential energy tax credit per tax return has seen fluctuating yet notable growth, peaking in 2018 at $2,088.57, suggesting heightened homeowner investment in energy-efficient... Read more
Median Value of Occupied Housing Units in Lane County, Oregon Over the Last 8 Years
Lane County's housing market has shown significant appreciation, with median values jumping from $215,300 in 2015 to $363,800 in 2022. While these numbers indicate robust growth, the county's home values still trail the Oregon state median of $423,100 for 2022. Comparatively, Lane County's housing costs are higher than the national median, which reached $179,400 in 2022. This disparity might appeal to investors seeing potential for upward value corrections, or to those relocating for relatively lower housing costs within Oregon.
Residential Energy Tax Credit Per Tax Return in Lane County, OR Over the Last 9 Years
Lane County, Oregon has seen a fluctuating yet notable increase in the average residential energy tax credit per tax return over the past nine years. In 2013, the average credit was $438.91, peaking dramatically in 2018 at $2,088.57, suggesting this period marked significant residential investment in energy-efficient improvements. While the credit dipped to $790.36 in 2020, it rebounded to $1,034.29 in 2021. For investors, real estate agents, and appraisers, these trends may indicate a growing priority on energy efficiency among homeowners, potentially influencing property values and buyer interest. Insurance agents might also note the possible implications for risk assessment related to energy-efficient installations.
Average Real Estate Taxes Per Tax Return in Lane County, OR Over the Last 10 Years
Over the past decade, Lane County, Oregon has seen a steady rise in average real estate taxes per tax return, climbing from $3,066.72 in 2012 to $5,223.56 in 2021. Notably, a significant jump occurred between 2017 and 2018, with an increase of nearly $1,000. This trend could signal robust property value growth but also may indicate higher carrying costs for homeowners. Potential investors and insurance agents should take note of these increments, as they may affect overall affordability and risk calculations. For those in the real estate industry or considering moving to the area, staying informed on such fiscal dynamics can prove crucial for financial planning and forecasting.
Percentage of Farm Returns in Lane County, OR Over the Last 10 Years
Farm tax returns in Lane County, Oregon have generally shown a slight decline over the past decade, decreasing from about 1.44% in 2012 to roughly 1.18% in 2021. This downward trend may indicate a shift in the agricultural landscape or farming viability in the area, which could be crucial for potential investors or those looking to move to or develop property in the county. Understanding these trends is vital as they could reflect broader economic changes that might affect land values, local job markets, and regional agricultural policies.
Number of Mortgages by Occupancy Type in Lane County, OR Over the Last 5 Years in Lane County
Over the last five years in Lane County, Oregon, there's been a noticeable fluctuation in mortgage counts based on occupancy types. Principal residences consistently lead in mortgage counts but have seen substantial variability, peaking in 2020. Investment property mortgages exhibit moderate increases up until 2020, followed by a decline. Second residences remain relatively stable with minor adjustments annually. Changes in occupancy types reflect shifting market priorities and can impact property values, risk assessments, and market strategies for investors, homeowners, appraisers, and real estate agents alike. Investors may need to watch for trends signaling changes in rental demand, while potential residents might find varying affordability tied to these shifts.
Economic Outlook
Lane County, Oregon, exhibits a consistent rise in average taxable income per tax return, peaking in 2021 at $80,666.31, hinting at a blossoming economic landscape. Concurrently, state and local income taxes per tax return have nearly tripled over the last decade, spiking from $6,875.84 in 2012 to $17,241.55 in 2021, potentially reflecting an evolved economic setting. The total average tax liability also surged, climbing from $8,016.90 in 2012 to $13,803.54 in 2021. Although the poverty rate... Read more
Average Taxable Income per Tax Return in Lane County, OR over the last 9 years
Over the past nine years, Lane County, Oregon has observed a consistent upward trend in average taxable income per tax return, peaking significantly in 2021 at $80,666.31. This steady rise suggests a flourishing economic environment, potentially making the county more appealing for investors, homebuyers, and businesses. Real estate agents and property developers might find this trend indicative of growing affluence, while insurance agents and appraisers could view it as a sign of increased property values and market stability.
Average State and Local Income Taxes Per Tax Return in Lane County, OR Over the Last 10 Years
Lane County, Oregon has seen a notable rise in state and local income taxes per tax return over the last decade, nearly tripling from $6,875.84 in 2012 to $17,241.55 in 2021. This upward trend suggests that the cost of living and possibly the economic health of the area has changed significantly, a critical consideration for investors, potential homeowners, and real estate professionals. Appraisers and insurance agents may also find this data useful when assessing property values and risk. People considering a move to Lane County, as well as current residents, should be mindful of these rising taxes as they plan their financial futures.
Average Total Tax Liability Per Tax Return in Lane County, OR Over the Last 10 Years
Lane County, Oregon has seen a steady increase in average total tax liability per tax return over the past decade. Notably, the tax liability jumped from approximately $8,016.90 in 2012 to roughly $13,803.54 in 2021. This upward trend could suggest economic growth or increasing incomes in the area, making it a point of interest for real estate agents, appraisers, and individuals considering investing or moving there. These changes may also affect property values and insurance premiums, highlighting the importance for stakeholders to monitor these fiscal patterns.
Cost of Living in Lane County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,917 | $1,613 | $1,737 | $2,197 | $2,298 |
| 1 adult 4 children | $1,917 | $1,317 | $1,309 | $2,197 | $2,391 |
| 2 adults 3 children | $1,917 | $1,317 | $1,517 | $2,197 | $2,026 |
| 1 adult 3 children | $1,917 | $1,076 | $1,089 | $2,197 | $2,132 |
| 2 adults 2 children | $1,349 | $1,078 | $1,297 | $1,962 | $1,537 |
| 1 adult 2 children | $1,349 | $806 | $869 | $1,962 | $1,537 |
| 2 adults 1 child | $1,349 | $852 | $1,076 | $1,198 | $1,278 |
| 1 adult 1 child | $1,349 | $551 | $648 | $1,198 | $1,170 |
| 2 adults | $1,025 | $685 | $856 | $0 | $852 |
| 1 adult | $902 | $373 | $428 | $0 | $697 |
Safety trends & Data
Lane County, Oregon has seen considerable shifts in property crime over the last five years, impacting real estate evaluations. Larceny-theft hit a high of 1,859 incidents in 2018 but decreased to 1,008 by 2022. Arson rates surged from 27 in 2019 to peak at 59 in 2021, later dropping to 37 in 2022. Noteworthy declines in vandalism and fraud suggest improvements in crime prevention. These patterns are significant for homebuyers, investors, and real estate professionals assessing property risks... Read more
Property Crime Trends in Lane County, OR Over the Last 5 Years
Lane County has experienced notable fluctuations in property crime over the last five years. Burglary, larceny-theft, and motor vehicle theft show variances, with larceny-theft peaking at 1,859 incidents in 2018 and declining to 1,008 incidents by 2022. Arson has more than doubled from 27 incidents in 2019 to 59 in 2021, before settling at 37 in 2022. Consistent drops in numbers are seen in vandalism and fraud, pointing to possible improvements in local crime prevention measures. These trends are crucial for potential homebuyers, investors, and real estate professionals to consider when evaluating property risks and opportunities in Lane County, Oregon.
Demographics
Lane County, Oregon, exhibits a slight female majority in its adult population, and a significant proportion of its residents have achieved higher education, with close to a third holding a bachelor’s degree or higher. The age distribution indicates a balanced demographic spread, though the largest groups are young adults and middle-aged individuals. The racial composition is predominantly White, but there are small yet notable communities of African Americans, Asians, and other races adding... Read more
Race Distribution in Lane County, Oregon (2022)
Educational Attainment in Lane County, Oregon (2022)
Age Distribution in Lane County, Oregon
Citizen Population in Lane County, Oregon (2022)
Political Trends & Data
Lane County, Oregon, leans heavily toward Democratic candidates, with over 60% of the votes in the 2020 Presidential Election potentially going to the Democrat party. Republicans trailed with about 36%, while smaller percentages went to Libertarians, Greens, and other parties. This political leaning suggests the area may have a predominantly liberal or progressive... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Lane County in Oregon exhibited a strong preference for Democratic candidates in the 2020 U.S. Presidential Election, with over 60% of the vote potentially going to the Democrat party. Republicans garnered approximately 36%, significantly trailing behind. The remaining votes were split among Libertarians, Greens, and other parties, each accounting for relatively small percentages. This distribution might suggest a predominantly liberal or progressive leaning electorate in this area.
36.15% of voters voted for the Republican party in the 2020 Presidential Election
60.46% 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
0.61% of voters voted for the Green party in the 2020 Presidential Election
1.03% of voters voted for the Other party in the 2020 Presidential Election
School Data
Lane County, Oregon has seen a notable decline in the student-to-teacher ratio, falling from around 22 students per teacher in 2014 to roughly 17 in 2023. This drop could imply enhanced educational quality, making the area more attractive for families and possibly boosting property values. For real estate stakeholders, such improvements often correlate with increased locality appeal. Lower ratios might also mean reduced liability in school settings, affecting community planning and school... Read more
Student-to-teacher ratio in Lane County, Oregon over the last 10 years
Lane County, Oregon has experienced a significant decrease in the student-to-teacher ratio over the past decade, steadily dropping from around 22 students per teacher in 2014 to approximately 17 in 2023, with a notable dip below the national average of 14 students per teacher in recent years. This downward trend might suggest improved educational attention and potentially higher quality of education, which could be compelling for families considering relocating to the area. For real estate investors, appraisers, and agents, such improvements in education quality are often tied to increased property values and attractiveness of the locality. Lower student-to-teacher ratios also tend to inform insurance agents about reduced liability in school settings and might affect school district policies and resources, making it a notable factor in community building and planning.
