Linn County Real Estate and Livability Trends
Linn County, Oregon has witnessed a substantial hike in median home values, soaring from $170,300 in 2015 to $319,800 in 2022. The market shows potential for promising returns with real estate taxes peaking at $4,109.49 in 2020. The noticeable drop in larceny-theft incidents from 773 in 2018 to 377 in 2021, despite a slight rise to 492 in 2022, could influence property values and insurance rates.... Read more
Linn County Market Trends
Linn County, Oregon, has experienced a dramatic rise in median home values, jumping from $170,300 in 2015 to $319,800 in 2022, outpacing both national and state growth rates. This could signal promising returns for potential homeowners and investors eyeing a steadily appreciating market. The fluctuations in residential energy tax credits, peaking at $2,827.27 in 2018, reflect a growing focus on... Read more
Median Value of Occupied Housing Units in Linn County, Oregon Over the Last 8 Years
Linn County, Oregon has experienced a robust increase in median home values over the past eight years, rising from $170,300 in 2015 to $319,800 in 2022. This growth significantly outpaces the national median, which increased from $125,500 to $179,400 during the same period. Even compared to the state of Oregon, where median values grew from $237,300 to $423,100, Linn County's upward trend is notable. For potential investors, homeowners, and those interested in the local property market, these figures suggest a dynamically appreciating market that may offer substantial returns and evolving community development.
Residential Energy Tax Credit Per Tax Return in Linn County, OR Over the Last 9 Years
Linn County, Oregon has seen considerable fluctuations in residential energy tax credits claimed per tax return over the past nine years, with a notable peak in 2018 at $2827.27. This trend suggests a growing emphasis on energy-efficient home improvements, which could attract eco-conscious homebuyers and investors. The variations also indicate potential changes in local or state incentives, making it crucial for stakeholders to stay informed on policy shifts impacting these credits.
Average Real Estate Taxes Per Tax Return in Linn County, OR Over the Last 10 Years
Over the last decade, Linn County, Oregon, has experienced a notable uptick in real estate taxes per tax return. Starting from $2,557.64 in 2012 and peaking at around $4,109.49 in 2020, this steady rise—albeit with a slight dip to $4,008.23 in 2021—suggests a trend of increasing property values and possibly enhanced municipal services. This could signal both opportunities and higher costs for investors, homebuyers, appraisers, and insurance agents eyeing the area. For real estate agents and those interested in property development in Linn County, these changes might reflect economic growth and community upgrades.
Percentage of Farm Returns in Linn County, OR Over the Last 10 Years
In the last decade, Linn County, Oregon has seen a gradual decrease in the percentage of farm tax returns, dropping from nearly 3.82% in 2012 to around 2.85% in 2021. Farm tax returns are documents that farmers file to report their incomes, expenses, and profits, which can serve as an indicator of agricultural activity and economic health. This shrinking percentage could imply a downturn in farming profitability or possibly a shift in the local economy away from agriculture. For potential investors, property developers, or residents, this trend might suggest evolving economic landscapes and could be worth considering in long-term planning and decision-making.
Number of Mortgages by Occupancy Type in Linn County, OR Over the Last 5 Years in Linn County
In Linn County, Oregon, there's been a notable pattern in mortgage trends over the past 5 years. The demand for principal residences has been significantly higher than for investment or second properties. This could indicate the area's growing appeal as a primary living location, potentially driven by factors such as job opportunities, quality of life, or community amenities. For investors and developers, the lower but steady interest in investment properties suggests a stable yet less aggressive rental market, while the minimal second residence numbers imply limited vacation or seasonal home buying. Understanding these shifts can help real estate professionals tailor their strategies, inform appraisers and insurers regarding market trends, and guide potential residents or investors in making more informed decisions.
Economic Outlook
Linn County, Oregon has experienced a notable increase in average taxable income per tax return over the past nine years, climbing from $46,541.33 in 2013 to $64,983.71 in 2021. This trend could reflect economic growth or changes in the income landscape, signaling a potentially more affluent market. Average state and local income taxes also show a significant rise, especially between 2017 and 2018, suggesting an upward trajectory that may impact property investment decisions. Additionally, the... Read more
Average Taxable Income per Tax Return in Linn County, OR over the last 9 years
Linn County, Oregon has seen a steady increase in average taxable income per tax return over the last nine years, with notable jumps from $46,541.33 in 2013 to $64,983.71 in 2021. The most significant rise occurred between 2018 and 2021, suggesting potential economic growth or changes in the income landscape. For investors, this upward trend might indicate a growing and possibly more affluent market. Real estate professionals and those in the insurance industry may find these income patterns useful for gauging housing market health and setting property valuation standards.
Average State and Local Income Taxes Per Tax Return in Linn County, OR Over the Last 10 Years
Average state and local income taxes per tax return in Linn County, Oregon have seen a marked increase, particularly between 2017 and 2018, where taxes shot up from $6,781.36 to $9,777.49. Although there was a slight dip in 2019 and 2020, the figure stabilized around $8,541.59 and then rose again to $8,997.21 in 2021. This generally upwards trend might be useful for prospective investors, developers, and real estate professionals as it reflects rising tax liabilities which could impact decisions about property investments, valuations, and relocations.
Average Total Tax Liability Per Tax Return in Linn County, OR Over the Last 10 Years
Linn County, Oregon has generally seen a steady increase in the average total tax liability per tax return over the last decade, with a notable spike in 2021 reaching $8,759.15. This trend could suggest rising incomes or changing tax policies affecting residents. For prospective investors and real estate agents, this might indicate a growing economic base, which can enhance property values. Appraisers and insurance agents may need to note these shifts, as they could influence evaluations and premium calculations. Those considering moving to Linn County might want to be aware of the higher tax burdens in recent years.
Cost of Living in Linn County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,728 | $1,504 | $1,737 | $1,712 | $1,979 |
| 1 adult 4 children | $1,728 | $1,228 | $1,309 | $1,712 | $2,075 |
| 2 adults 3 children | $1,728 | $1,229 | $1,517 | $1,712 | $1,728 |
| 1 adult 3 children | $1,728 | $1,003 | $1,089 | $1,712 | $1,831 |
| 2 adults 2 children | $1,263 | $1,006 | $1,297 | $1,516 | $1,339 |
| 1 adult 2 children | $1,263 | $751 | $869 | $1,516 | $1,355 |
| 2 adults 1 child | $1,263 | $795 | $1,076 | $881 | $1,188 |
| 1 adult 1 child | $1,263 | $513 | $648 | $881 | $1,026 |
| 2 adults | $1,000 | $639 | $856 | $0 | $859 |
| 1 adult | $893 | $348 | $428 | $0 | $714 |
Safety trends & Data
Linn County, Oregon has seen notable shifts in property crime over the past five years. Larceny-theft numbers dropped significantly from 773 incidents in 2018 to 377 in 2021, before a slight uptick to 492 in 2022. Burglary saw a consistent decline from 105 to 63 incidents over the same period. The stable motor vehicle theft rates and a decrease in fraud and forgery incidents could impact property values and insurance premiums, signaling evolving safety trends crucial for both investors and... Read more
Property Crime Trends in Linn County, OR Over the Last 5 Years
Linn County, Oregon has seen fluctuations in property crime over the last five years. While arson and vandalism have shown intermittent spikes, larceny-theft numbers notably declined from 773 incidents in 2018 to a low of 377 in 2021, before slightly rebounding to 492 in 2022. Burglary incidents have dropped significantly from 105 in 2018 to 63 in 2022. Motor vehicle thefts have remained relatively stable, oscillating around 50-70 cases annually. Fraud and forgery incidences have moderately decreased, while embezzlement appears negligible. This variability could influence property values and insurance premiums, while also signaling evolving safety trends vital for investors and residents.
Demographics
Linn County, Oregon reveals a fairly balanced gender distribution among adults. The area shows a leaning towards high school and some college education, indicating that while a good number have some level of post-secondary education, fewer adults hold advanced degrees. The age distribution skews young to middle-aged, with notable populations in the 25-34 and 55-64 age brackets. Racially, Linn County is predominantly White, with small percentages of other races, with the highest non-White... Read more
Race Distribution in Linn County, Oregon (2022)
Educational Attainment in Linn County, Oregon (2022)
Age Distribution in Linn County, Oregon
Citizen Population in Linn County, Oregon (2022)
Political Trends & Data
In Linn County, Oregon, the 2020 U.S. Presidential Election results suggest a strong Republican preference, with approximately 60% of the vote going to the party. Democrats captured around 36%, while Libertarian, Green, and other smaller parties collectively attracted less than 5%. This significant Republican leaning could be indicative of larger regional political tendencies or unique local dynamics at... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In the 2020 U.S. Presidential Election, Linn County, Oregon, seemed to show a significant preference for the Republican party, which garnered approximately 60% of the vote. Democrats were the next closest, with around 36%. Libertarian and Green parties, along with other smaller parties, collectively attracted less than 5%. This notable lean towards the Republican party could reflect broader regional political inclinations or unique local factors.
59.87% of voters voted for the Republican party in the 2020 Presidential Election
36.50% of voters voted for the Democrat party in the 2020 Presidential Election
2.19% of voters voted for the Livertarian party in the 2020 Presidential Election
0.55% of voters voted for the Green party in the 2020 Presidential Election
0.89% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Linn County, Oregon, the student-to-teacher ratio has declined over the past decade from 23 students per teacher in 2014 to 18 in 2023, though this remains higher than the national average of 14. This could influence both educational outcomes and broader market dynamics in the area. For investors and real estate agents, a higher ratio might signal a demand for more schools or a denser population, while appraisers and insurance agents might find these trends essential for evaluating property... Read more
Student-to-teacher ratio in Linn County, Oregon over the last 10 years
Over the past decade, Linn County, Oregon has seen a general decline in the student-to-teacher ratio, dropping from 23 students per teacher in 2014 down to 18 in 2023, albeit with some fluctuations. This is notably higher than the current national average of 14 students per teacher, which could affect both educational outcomes and market dynamics in the area. For investors and real estate agents, a higher student-to-teacher ratio might indicate a demand for more educational facilities or suggest a denser population. For appraisers and insurance agents, understanding these trends can be crucial for accurately evaluating property values and associated risks. For families considering moving to Linn County, these figures might imply potential crowding in classrooms, which could impact educational quality.
