Tillamook County Real Estate and Livability Trends
Tillamook County, Oregon has witnessed a significant increase in median home values, soaring from $222,900 in 2015 to $363,100 in 2022. This upward trend, alongside a notable rise in average taxable income per tax return, hints at economic growth and increased prosperity in the area. Real estate taxes nearly doubling over the past decade may reflect these higher property valuations. The... Read more
Tillamook County Market Trends
Tillamook County, Oregon, has experienced a significant rise in median home values from $222,900 in 2015 to $363,100 in 2022, though still below the state's median of $423,100. Real estate taxes have almost doubled from $2,668.36 per tax return in 2012 to $4,554.10 in 2021, possibly reflecting increased property values or higher tax rates. The fluctuating residential energy tax credits, peaking... Read more
Median Value of Occupied Housing Units in Tillamook County, Oregon Over the Last 8 Years
Tillamook County, Oregon, has seen a substantial upward trend in median home values over the past eight years, rising from $222,900 in 2015 to $363,100 in 2022. This increase, while substantial, still places it below Oregon's 2022 state median of $423,100. Compared nationally, home's in Tillamook County are commanding significantly higher values than the national median of $179,400 in 2022. This sustained growth could indicate Tillamook County as a potentially attractive area for property investments or homebuyers seeking above-average appreciation in property value amidst the coastal charm of Oregon.
Residential Energy Tax Credit Per Tax Return in Tillamook County, OR Over the Last 8 Years
Tillamook County, Oregon, has experienced fluctuating residential energy tax credits over the past eight years, with notable spikes in 2017 at $690.00 per tax return and a significant drop in 2020 to $350.00. This variability could suggest shifts in energy efficiency investments or changes in state incentives. Investors, prospective homebuyers, and real estate professionals might view this as an indicator of evolving energy policies and the county's responsiveness to energy efficiency improvements. Understanding these trends could be essential for pricing, appraisals, and forecasting potential future energy savings.
Average Real Estate Taxes Per Tax Return in Tillamook County, OR Over the Last 10 Years
In Tillamook County, Oregon, the average real estate taxes per tax return have shown a consistent upward trend over the past decade. Starting at approximately $2,668.36 in 2012, the costs have escalated to around $4,554.10 by 2021. This notable increase might indicate rising property values or higher tax rates, potentially impacting decisions for buyers, real estate agents, and investors considering this location. This trend might also be relevant for appraisers and insurance agents as they assess property risks and values.
Percentage of Farm Returns in Tillamook County, OR Over the Last 10 Years
Tillamook County, Oregon's percentage of farm tax returns has gradually decreased over the last decade, dipping from roughly 2.24% in 2012 to about 1.39% in 2021. This trend suggests a potential shift away from agricultural activities in the area. For those considering investments or relocation, this could hint at evolving economic dynamics and changing land use patterns, possibly opening opportunities for alternative developments or new market entries. Farm tax returns, essentially tax filings from agricultural businesses, can be a telling economic indicator, reflecting the health and prevalence of the farming sector in a region.
Number of Mortgages by Occupancy Type in Tillamook County, OR Over the Last 5 Years in Tillamook County
Over the past five years in Tillamook County, Oregon, the number of mortgages for principal residences has been significantly higher compared to second residences and investment properties. While 2021 saw a peak in principal residence mortgages at 2,264, there has been a notable decrease by 2022, reflecting possible shifts in housing markets or economic factors. Second residences maintained a somewhat steady volume but also saw a decline in 2022, suggesting potential changes in vacation or secondary home investments. Investment properties, while the least numerous, remained relatively stable with slight fluctuations. These trends could hint at shifts in demand and economic decision-making that are crucial for investors, real estate agents, appraisers, and insurance agents to monitor as they impact property values, market stability, and insurance risk assessments in the region.
Economic Outlook
Tillamook County, Oregon has seen a notable rise in average taxable income per tax return over the past nine years, from around $45,744.80 in 2013 to about $74,903.68 in 2021. Alongside this, average state and local income taxes have more than doubled, going from approximately $5,111.75 in 2012 to $10,902.42 by 2021. This financial growth could hint at an economically vibrant community, making it a potentially attractive spot for real estate investments. For appraisers, insurance agents, and... Read more
Average Taxable Income per Tax Return in Tillamook County, OR over the last 9 years
Tillamook County, Oregon has experienced a significant upward trend in average taxable income per tax return over the past nine years. Starting at approximately $45,744.80 in 2013, the average taxable income has grown steadily, reaching around $74,903.68 by 2021. This notable increase could be indicative of economic growth, potentially making the county an attractive area for investment and real estate opportunities. This trend may also influence property valuations and insurance premiums, providing key insights for appraisers and insurance agents. Such financial growth might appeal to prospective residents or those looking to build in the area, signaling a potentially prosperous community.
Average State and Local Income Taxes Per Tax Return in Tillamook County, OR Over the Last 10 Years
Over the past decade, Tillamook County, Oregon has experienced a notable increase in average state and local income taxes per tax return, rising from approximately $5,111.75 in 2012 to about $10,902.42 in 2021. This steady climb, particularly marked between 2016 to 2021, suggests a growing economic environment likely influenced by a combination of higher incomes and possibly increased tax rates. For investors, real estate agents, and others interested in the financial landscape, these trends could signify a more affluent population or changes in local fiscal policies, potentially impacting property values, appraisal rates, and insurance premiums.
Average Total Tax Liability Per Tax Return in Tillamook County, OR Over the Last 10 Years
Tillamook County, Oregon has seen a notable increase in average total tax liability per tax return over the past decade. Starting at around $5,967.71 in 2012, this figure gradually climbed to $11,956.89 by 2021. This trend could reflect growing incomes or changing tax landscapes, underscoring potential economic growth in the area. Higher tax liabilities may attract appraisers, real estate agents, and investors interested in the implications of fiscal health and property value trends. Those moving to or living in Tillamook County might want to consider these financial factors.
Cost of Living in Tillamook County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,556 | $1,556 | $1,966 | $1,439 | $1,913 |
| 1 adult 4 children | $1,556 | $1,271 | $1,485 | $1,439 | $1,980 |
| 2 adults 3 children | $1,556 | $1,271 | $1,715 | $1,439 | $1,647 |
| 1 adult 3 children | $1,556 | $1,038 | $1,234 | $1,439 | $1,683 |
| 2 adults 2 children | $1,095 | $1,041 | $1,464 | $1,254 | $1,254 |
| 1 adult 2 children | $1,095 | $777 | $983 | $1,254 | $1,220 |
| 2 adults 1 child | $1,095 | $823 | $1,213 | $650 | $1,101 |
| 1 adult 1 child | $1,095 | $531 | $732 | $650 | $926 |
| 2 adults | $832 | $661 | $962 | $0 | $843 |
| 1 adult | $753 | $360 | $481 | $0 | $694 |
Safety trends & Data
In Tillamook County, Oregon, crime trends over the past five years paint a mixed picture. Larceny-theft has moderately decreased from 69.00 incidents in 2018 to 53.00 in 2022, while burglary rates have fluctuated, peaking at 28.00 in 2019 and dropping to 11.00 in 2021 before rising to 19.00 in 2022. Motor vehicle thefts nearly doubled from 7.00 in 2018 to 16.00 in 2019 but then showed inconsistent patterns. Arson has remained low with minor increases. This suggests potential buyers and business... Read more
Property Crime Trends in Tillamook County, OR Over the Last 5 Years
Property crime trends in Tillamook County, Oregon, reveal a somewhat varied landscape over the last five years. The most prevalent crime, larceny-theft, has seen a modest decrease from 69.0 incidents in 2018 to 53.0 in 2022. Burglary incidents fluctuated, peaking at 28.0 in 2019, but dropping significantly to 11.0 in 2021 before rising again to 19.0 in 2022. Motor vehicle thefts nearly doubled from 2018's 7.0 instances to 16.0 in 2019, but then they showed a less consistent pattern. Interestingly, arson remained low but steady with minor increases. For those looking to invest in property or open businesses, the trend in these varying crime rates could suggest a need for vigilant security measures.
Demographics
Tillamook County, Oregon shows a balanced gender distribution among its adult population, creating equal opportunities for social and economic engagement. The educational attainment landscape is diverse, with a significant portion of residents possessing some college education, though only a smaller fraction holds graduate or professional degrees. The age distribution indicates a possibly aging population, with higher numbers in the 55+ age brackets, presenting potential challenges for... Read more
Race Distribution in Tillamook County, Oregon (2022)
Educational Attainment in Tillamook County, Oregon (2022)
Age Distribution in Tillamook County, Oregon
Citizen Population in Tillamook County, Oregon (2022)
Political Trends & Data
Tillamook County, Oregon, exhibits a competitive political landscape based on the 2020 U.S. Presidential Election results. With Republicans capturing approximately 49.5% of the votes and Democrats close behind at around 47.8%, the balance between the two major parties is tight. Third parties like Libertarians and Greens, with 1.5% and 0.5% respectively, alongside other candidates, still hold minor yet potentially pivotal roles in the region's political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Tillamook County, Oregon, the 2020 U.S. Presidential Election showed a slight tilt towards Republican candidates with nearly 49.5% of the votes, closely followed by Democrats at approximately 47.8%. Third parties such as the Libertarians and Greens garnered smaller proportions, with around 1.5% and 0.5% respectively, while other candidates collectively reached about 0.7%. This trend suggests a relatively competitive political landscape, with Republicans and Democrats nearly balanced and third parties holding minor, yet potentially influential, shares of the vote.
49.47% of voters voted for the Republican party in the 2020 Presidential Election
47.76% of voters voted for the Democrat party in the 2020 Presidential Election
1.55% of voters voted for the Livertarian party in the 2020 Presidential Election
0.53% of voters voted for the Green party in the 2020 Presidential Election
0.70% of voters voted for the Other party in the 2020 Presidential Election
School Data
Tillamook County, Oregon has seen its student-to-teacher ratio decline from a peak of 18 in 2016 to around 14 by 2023, suggesting more individual attention per student. This trend might appeal to families prioritizing education, potentially enhancing property desirability and value. With the current ratio below the national average, Tillamook County schools could draw more prospective... Read more
Student-to-teacher ratio in Tillamook County, Oregon over the last 10 years
Tillamook County, Oregon has seen its student-to-teacher ratio fluctuate over the last decade, peaking at approximately 18 students per teacher in 2016 and steadily decreasing to around 14 students per teacher by 2023. This trend is important for those considering moving to the area, as a lower student-to-teacher ratio generally suggests more individual attention per student, which could enhance educational outcomes. For real estate agents, this downward trend can flag the county as attractive to families seeking a more personalized educational environment. Insurance agents and appraisers may also find this relevant, as it could increase the desirability and, potentially, the value of properties. This ratio now being below the national average of 14 students per teacher could make Tillamook County schools more appealing to prospective residents.
