Lincoln County Real Estate and Livability Trends
Lincoln County, Oregon's real estate market displays significant economic growth potential, with average taxable income rising from $47,111.45 in 2013 to $71,419.62 in 2021, likely impacting property valuations and investment strategies. Median home values also surged from $219,100 in 2015 to $345,300 in 2022, outpacing state and national averages, while real estate taxes climbed from $3,351.38... Read more
Lincoln County Market Trends
Median home values in Lincoln County, Oregon, have surged from $219,100 in 2015 to $345,300 in 2022, outpacing both the state and national averages. Notably, residential energy tax credits per tax return peaked at $2,833.33 in 2018, likely due to investments in energy-efficient homes or favorable legislation, and rebounded to over $1,000 in 2021. Real estate taxes have also risen steadily, from... Read more
Median Value of Occupied Housing Units in Lincoln County, Oregon Over the Last 8 Years
Median home values in Lincoln County, Oregon, have shown a significant upward trend over the last eight years, jumping from $219,100 in 2015 to $345,300 in 2022. This growth outpaces both the state average, where values rose from $237,300 to $423,100, and the national average, which saw an increase from $125,500 to $179,400 in the same period. Such trends might attract potential investors and homebuyers, signaling a strong demand and steady appreciation in this coastal region, particularly compared to broader state and national trends.
Residential Energy Tax Credit Per Tax Return in Lincoln County, OR Over the Last 9 Years
Lincoln County, Oregon has seen significant fluctuations in residential energy tax credits per tax return over the past nine years. After a low of around $291.89 in 2013, the average credit peaked dramatically at $2,833.33 in 2018. This spike suggests perhaps a surge in energy-efficient home investments or favorable legislation in that period. Despite a dip in 2019 to $666.67, the average credit rebounded to over $1,000.00 in 2021. This variability likely points to changing incentives, uptake in green technology, and evolving tax policies, making it an intriguing area for investors, real estate agents, and policy analysts focusing on residential energy improvements.
Average Real Estate Taxes Per Tax Return in Lincoln County, OR Over the Last 10 Years
Over the last decade, Lincoln County, Oregon has seen a steady rise in average real estate taxes per tax return. From $3,351.38 in 2012 to $5,480.80 in 2021, the gradual increase highlights evolving market dynamics and property valuations. Notable jumps, such as the leap from $4,141.04 in 2017 to $5,052.00 in 2018, suggest shifts that potential investors, real estate agents, and property developers should closely monitor. This upward trend in real estate taxes could impact appraisals and insurance costs, making Lincoln County's property market one to watch for both opportunities and challenges.
Percentage of Farm Returns in Lincoln County, OR Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Lincoln County, Oregon shows a general declining trend, starting from approximately 1.49% in 2012 down to about 0.99% in 2021. Farm tax returns reflect the filing status of properties that enjoy tax reductions due to agricultural use; hence, a declining percentage might suggest a gradual shift from agricultural to other land uses. This trend could indicate emerging opportunities for residential, commercial, or recreational development, potentially appealing to investors and developers considering land in Lincoln County. Such changes could influence local market dynamics, impacting decisions on where to relocate or invest within the county.
Number of Mortgages by Occupancy Type in Lincoln County, OR Over the Last 5 Years in Lincoln County
In Lincoln County, Oregon, the number of mortgages for principal residences generally outweigh those for second and investment properties, signaling a dominant trend of primary home purchases in recent years. Notable growth in mortgages for second homes and investment properties from 2018 to 2021 suggests increasing interest in the county for potential vacation spots or rental investments. Variations in occupancy type can be attributed to shifts in market demand and can significantly impact local housing markets. These trends are critical for investors, developers, and real estate agents who aim to capitalize on market dynamics, while appraisers and insurance agents might find the data useful for risk assessment and property valuation.
Economic Outlook
Lincoln County, Oregon's real estate market is bolstered by a significant rise in average taxable income, which grew from $47,111.45 in 2013 to $71,419.62 in 2021, suggesting robust economic growth potential. This aligns with increasing state and local income taxes per tax return, hitting a peak of $11,981.17 in 2021 from $5,714.15 in 2012, potentially influencing cost of living considerations. Additionally, the upward trend in total tax liability per tax return, reaching $11,071.79 in 2021,... Read more
Average Taxable Income per Tax Return in Lincoln County, OR over the last 9 years
Lincoln County, Oregon has seen a notable upward trend in average taxable income per tax return over the past nine years. Beginning in 2013 at $47,111.45 and climbing to $71,419.62 in 2021, this steady increase highlights a robust economic growth potential that may attract investors and new residents alike. Appraisers and real estate agents may find this data useful for property valuation, as rising incomes often correlate with increased property values. Insurance agents could also interpret this trend as a sign of wealthier clientele in the area. For those looking to build property, understanding this economic climate can inform more strategic decisions about potential returns on investment.
Average State and Local Income Taxes Per Tax Return in Lincoln County, OR Over the Last 10 Years
Lincoln County, Oregon has experienced significant increases in state and local income taxes per tax return over the past decade. Starting at $5,714.15 in 2012, there has been a mostly upward trajectory with notable jumps in 2018 to $9,259.67 and a peak in 2021 at $11,981.17. This trend could impact the cost of living and affect investment strategies, property valuations, and budgeting for residents and businesses in the area. Higher taxes may also influence decisions for those considering relocating or developing property in Lincoln County.
Average Total Tax Liability Per Tax Return in Lincoln County, OR Over the Last 10 Years
Over the past decade, Lincoln County, Oregon has seen a notable increase in average total tax liability per tax return, growing from $6,968.14 in 2012 to $11,071.79 in 2021. This consistent rise could be indicative of various economic factors such as increased property values, higher incomes, or changes in tax legislation. It points to a potentially stronger and more affluent economic environment, which is likely to interest investors, appraisers, and real estate professionals looking at the area.
Cost of Living in Lincoln County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,634 | $1,605 | $1,998 | $1,495 | $1,999 |
| 1 adult 4 children | $1,634 | $1,310 | $1,509 | $1,495 | $2,058 |
| 2 adults 3 children | $1,634 | $1,311 | $1,743 | $1,495 | $1,721 |
| 1 adult 3 children | $1,634 | $1,070 | $1,254 | $1,495 | $1,757 |
| 2 adults 2 children | $1,163 | $1,073 | $1,488 | $1,303 | $1,298 |
| 1 adult 2 children | $1,163 | $802 | $999 | $1,303 | $1,273 |
| 2 adults 1 child | $1,163 | $848 | $1,233 | $677 | $1,135 |
| 1 adult 1 child | $1,163 | $548 | $744 | $677 | $953 |
| 2 adults | $903 | $681 | $978 | $0 | $867 |
| 1 adult | $800 | $372 | $489 | $0 | $703 |
Safety trends & Data
Lincoln County, Oregon has seen varying trends in property crime over the past five years. Larceny-theft, the most prevalent crime category, declined significantly from 219.00 cases in 2018 to 122.00 in 2022. Burglary figures fluctuated, initially increasing to 50.00 cases in 2018, dropping to 22.00 in 2021, then rising again to 42.00 in 2022. Vandalism incidents peaked at 103.00 in 2021 after a low of 65.00 in 2019. Fraud cases remained relatively stable with slight declines, and arson cases... Read more
Property Crime Trends in Lincoln County, OR Over the Last 5 Years
Lincoln County, Oregon has shown fluctuating trends in property crime over the past five years. Larceny - Theft continually registered as the highest crime category, though it saw a notable decline from 219.00 cases in 2018 to 122.00 cases in 2022. Burglary also showed variability, with an initial increase to 50.00 cases in 2018, dropping to 22.00 in 2021, and rising again to 42.00 in 2022. Vandalism incidents peaked at 103.00 in 2021 after bottoming out at 65.00 in 2019. Interestingly, fraud cases, though not as numerous, remained relatively stable, showing slight declines over the years, while arson cases were consistently low but stable, around 6.00-7.00 cases annually. These trends indicate a mixed picture for potential investors, property developers, and residents, underscoring a need for targeted crime prevention strategies.
Demographics
Lincoln County, Oregon sees a slight female majority with women making up approximately 52% of the adult population. The area skews older, as almost 38% are aged 55 and over, which influences public services and housing demands. In terms of education, a significant portion of residents has some college education, but close to 15% hold a bachelor's or higher. The population is predominantly White (around 92%), but the presence of Native American communities is noticeable. These trends suggest... Read more
Race Distribution in Lincoln County, Oregon (2022)
Educational Attainment in Lincoln County, Oregon (2022)
Age Distribution in Lincoln County, Oregon
Citizen Population in Lincoln County, Oregon (2022)
Political Trends & Data
Lincoln County, Oregon, exhibited a notable Democratic lean in the 2020 U.S. Presidential Election, with Democrats potentially securing around 56.6% of the vote. Republicans garnered roughly 40.6%, while minor parties like Libertarians and Greens saw minimal backing. This suggests a predominantly two-party dynamic with a possible strong Democratic presence in the county's political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Lincoln County in Oregon leaned Democrat in the 2020 U.S. Presidential Election, with Democrats possibly securing roughly 56.6% of the vote. Republicans trailed with about 40.6%, while minor parties such as Libertarians and Greens received minimal support, underlining a predominantly two-party landscape. This trend could suggest a strong Democratic presence or leaning within the county's electorate.
40.55% of voters voted for the Republican party in the 2020 Presidential Election
56.58% of voters voted for the Democrat party in the 2020 Presidential Election
1.50% of voters voted for the Livertarian party in the 2020 Presidential Election
0.70% of voters voted for the Green party in the 2020 Presidential Election
0.67% of voters voted for the Other party in the 2020 Presidential Election
School Data
Lincoln County, Oregon has seen its student-to-teacher ratio drop from a high of 19.5 in 2015 to 15.64 in 2023, moving closer to the national average of 14. This trend suggests a more personalized educational environment, making the county more appealing to families focused on quality schooling. This demographic shift could influence property values and market dynamics, important for investors, real estate agents, insurance agents, and... Read more
Student-to-teacher ratio in Lincoln County, Oregon over the last 10 years
Lincoln County, Oregon has seen a fluctuating student-to-teacher ratio over the last decade, peaking at 19.5 students per teacher in 2015 and showing a significant decline to 15.64 more recently in 2023. This drop brings the current ratio closer to the national average of 14 students per teacher, suggesting potential improvements in individual student attention and educational outcomes. For potential investors, real estate agents, or those considering a move, a lower student-to-teacher ratio may indicate a more personalized and potentially higher quality education environment, making the county potentially more attractive for families prioritizing schooling. For insurance agents and appraisers, understanding these demographic shifts can be crucial in evaluating property values and market dynamics.
