Union County Real Estate and Livability Trends
Union County, Oregon has witnessed a substantial rise in median home values from $163,200 in 2015 to $243,400 in 2022, although this increase lags behind the state's jump from $237,300 to $423,100. Average state and local income taxes nearly doubled from $5,543.99 in 2012 to $11,647.44 in 2021, likely due to rising incomes. Real estate taxes surged from approximately $2,067.00 in 2012 to... Read more
Union County Market Trends
Union County, Oregon's median home values have consistently climbed from $163,200 in 2015 to $243,400 in 2022, albeit lagging behind the state's jump from $237,300 to $423,100. The county's average residential energy tax credits have fluctuated, peaking at $425.00 in several years, suggesting intermittent emphasis on energy-efficient upgrades. Real estate taxes have surged from roughly $2,067.00... Read more
Median Value of Occupied Housing Units in Union County, Oregon Over the Last 8 Years
Union County, Oregon's median home values have seen a consistent uptick over the past eight years, albeit at a slower pace compared to state and national figures. Starting at $163,200 in 2015, this value escalated to $243,400 by 2022, reflecting steady growth. While the county's increase is significant, it still lags behind Oregon's overall median, which jumped from $237,300 in 2015 to $423,100 in 2022. Nationally, the figures went from $125,500 to $179,400 over the same period, indicating that Union County might offer a more affordable option within the state while still showing healthy investment growth akin to broader national trends.
Residential Energy Tax Credit Per Tax Return in Union County, OR Over the Last 8 Years
Over the last eight years in Union County, Oregon, the average residential energy tax credit per tax return has seen notable fluctuations. Peaks in 2015, 2016, 2017, and 2021, with values reaching up to $425.00, suggest periods of increased investment in energy-efficient upgrades. Conversely, dips in 2014, 2019, and 2020, with credits dropping to as low as $235.71, might indicate either economic constraints or reduced awareness and utilization of available tax incentives. For investors, builders, and real estate agents, these trends could reflect the community's evolving commitment to energy efficiency, potentially impacting property values, demand for eco-friendly homes, and the prioritization of sustainability in new construction.
Average Real Estate Taxes Per Tax Return in Union County, OR Over the Last 10 Years
Union County, Oregon has witnessed a general upward trend in average real estate taxes per tax return over the past decade, indicative of potentially rising property values and associated costs. From 2012 to 2021, taxes increased from approximately $2,067.00 to $3,454.00, with notable jumps around 2015 and a peak in 2018 at $3,513.00. Such trends might suggest to potential investors and homebuyers that the area is experiencing growth, but also that they should prepare for increasing tax obligations. Real estate agents and property developers may find these trends useful for forecasting property market dynamics, while appraisers and insurance agents should be aware of the implications for property valuations and premiums.
Percentage of Farm Returns in Union County, OR Over the Last 10 Years
The percentage of farm tax returns in Union County, Oregon, has shown a gradual decline over the past decade, dropping from 7.74% in 2012 to 6.84% in 2021. Farm tax returns are essentially the tax filings that farmers submit, which can be an indicator of the agricultural activity and financial health within the region. This decrease may reflect various factors affecting the farming community, such as economic pressures, shifts in agricultural practices, or demographic changes. For investors or prospective property owners, this trend might signal evolving economic dynamics in Union County's rural sector.
Number of Mortgages by Occupancy Type in Union County, OR Over the Last 5 Years in Union County
Union County, Oregon has seen a significant preference for principal residence mortgages over the past five years, with numbers peaking at around 1634 in 2021. In comparison, investment property and second residence mortgages have remained relatively low but steady. Investment property mortgages saw a modest increase in 2021, reaching 71, before dropping to 45 in 2022. Second residences have consistently had the lowest count, with figures oscillating between 18 and 41. These trends suggest a stable residential market focused primarily on owner-occupied homes, which can affect property values and investment opportunities. Real estate agents, appraisers, and insurance agents might need to adjust their strategies and expectations based on the dominant demand for primary residences. For investors and those planning to build, this data highlights limited but consistent interest in secondary homes and investment properties.
Economic Outlook
Union County, Oregon, has experienced a consistent rise in average taxable income per tax return, climbing from $46,220.73 in 2013 to $63,446.46 in 2021. This trend hints at economic uplift and growing affluence, which could influence property values and affect insurance assessments. Additionally, the average state and local income taxes have soared from $5,543.99 in 2012 to $11,647.44 by 2021, possibly reflecting rising incomes and tax rates. The average total tax liability per return has also... Read more
Average Taxable Income per Tax Return in Union County, OR over the last 9 years
Union County, Oregon has seen a steady increase in average taxable income per tax return over the past nine years, rising from $46,220.73 in 2013 to $63,446.46 in 2021. This trend could suggest an economic uplift in the region, possibly making Union County a more appealing area for prospective investors and real estate developers. The consistent upward movement in income might also influence property values and impact insurance assessments, indicating a growing affluence among residents. For appraisers and insurance agents, this data could be crucial in evaluating market conditions and adjusting their practices accordingly.
Average State and Local Income Taxes Per Tax Return in Union County, OR Over the Last 10 Years
Over the past decade, Union County, Oregon has seen a notable escalation in the average state and local income taxes per tax return, moving from $5,543.99 in 2012 to a significant $11,647.44 by 2021. This increase points to a potential rise in both incomes and tax rates, which could impact investment attractiveness and living costs. For those considering real estate developments or property investments, understanding these tax trends is crucial for accurate financial forecasting and potential return on investment. Similarly, insurance agents and appraisers must factor in these shifts to give their clients a clear picture of the current financial landscape.
Average Total Tax Liability Per Tax Return in Union County, OR Over the Last 10 Years
Over the last decade, Union County, Oregon, has seen a general rise in the average total tax liability per tax return, with figures moving from around $6,010.42 in 2012 to roughly $8,538.03 in 2021. This upward trend, despite some fluctuations, likely points to increasing incomes or changing tax policies in the region. For investors, real estate agents, and potential residents, these tax liability shifts could be an indicator of economic growth and evolving fiscal environments that may impact financial planning and property valuations.
Cost of Living in Union County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,423 | $1,476 | $1,970 | $1,397 | $1,760 |
| 1 adult 4 children | $1,423 | $1,205 | $1,488 | $1,397 | $1,827 |
| 2 adults 3 children | $1,423 | $1,206 | $1,719 | $1,397 | $1,507 |
| 1 adult 3 children | $1,423 | $984 | $1,237 | $1,397 | $1,559 |
| 2 adults 2 children | $1,002 | $987 | $1,467 | $1,217 | $1,195 |
| 1 adult 2 children | $1,002 | $737 | $985 | $1,217 | $1,117 |
| 2 adults 1 child | $1,002 | $780 | $1,216 | $634 | $1,035 |
| 1 adult 1 child | $1,002 | $504 | $734 | $634 | $866 |
| 2 adults | $761 | $627 | $964 | $0 | $795 |
| 1 adult | $670 | $342 | $482 | $0 | $648 |
Safety trends & Data
Property crime data in Union County, Oregon shows fluctuating patterns over the past five years. Larceny-theft peaked in 2019 with 136 incidents but dropped to 71 by 2021 before rising again to 111 in 2022. Burglary incidents, peaking at 35 cases in 2019, have generally declined each year since. Vandalism saw a notable rise, especially in 2022 with 52 incidents. These trends might influence investment decisions, property appraisals, and insurance premiums, which could affect residents' and... Read more
Property Crime Trends in Union County, OR Over the Last 5 Years
Property crime trends in Union County, Oregon reveal some fluctuating patterns over the past five years. Larceny-theft incidents peaked in 2019 at 136 occurrences but showed a decrease by 2021 to 71, although there was a slight uptick again to 111 in 2022. Burglary incidents peaked with 35 cases in 2019 but have generally decreased each year thereafter. Vandalism also saw a rise, particularly in 2022 with 52 incidents. The data suggests that while some property crimes have seen an upward trend, such as vandalism and periodic spikes in larceny-theft, others like burglary have gradually diminished. These trends might influence investment decisions, property appraisals, insurance premiums, and overall peace of mind for residents and those considering moving to the area.
Demographics
Union County in Oregon shows a slightly higher female population, comprising 51% of adults. Educational aspirations here are varied, with a notable number having completed high school or engaged in some college courses but not finished a degree. Age distribution leans towards older adults, particularly those aged 55 to 74, indicating a maturing population. Racially, the county is predominantly White at 94%, with minimal representation from other ethnic... Read more
Race Distribution in Union County, Oregon (2022)
Educational Attainment in Union County, Oregon (2022)
Age Distribution in Union County, Oregon
Citizen Population in Union County, Oregon (2022)
Political Trends & Data
Union County, Oregon, leaned significantly towards the Republican Party in the 2020 U.S. Presidential Election, with approximately 69% of the vote, suggesting a strong conservative base. Close to 28% of the votes went to the Democratic Party, showcasing a notable, but smaller, opposition. The Libertarian and Green parties each received minimal support, around 1.6% and 0.3%, respectively, indicating a marginal interest in these alternatives. These trends might reflect unique socio-political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Union County, Oregon, the 2020 U.S. Presidential Election revealed a considerable lean towards the Republican Party, with close to 69% of the votes, potentially indicating a strong conservative base. The Democratic Party garnered around 28%, possibly illustrating a lesser, though still notable, presence. Minor parties such as the Libertarian and Green parties received minimal support, each securing roughly 1.6% and 0.3% of the votes respectively, potentially highlighting the county's marginal interest in these alternatives. This voting pattern could reflect underlying socio-political dynamics and demographic influences unique to this region.
68.91% of voters voted for the Republican party in the 2020 Presidential Election
28.47% of voters voted for the Democrat party in the 2020 Presidential Election
1.61% of voters voted for the Livertarian party in the 2020 Presidential Election
0.31% 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
Union County, Oregon, has seen its student-to-teacher ratios fluctuate between fifteen and seventeen over the past decade, peaking at nineteen in 2015 and dropping to around fourteen in 2021. The latest figure from 2023 suggests a slight increase to fifteen. This trend could influence housing demand and the region's educational appeal, potentially making it more attractive to families prioritizing quality schooling. Investors and real estate agents may find these figures relevant as they can... Read more
Student-to-teacher ratio in Union County, Oregon over the last 10 years
Union County, Oregon, has experienced varying student-to-teacher ratios over the past decade, peaking at around nineteen in 2015 and dropping to approximately fourteen in 2021. Generally fluctuating between fifteen and seventeen, the latest figures suggest a slight increase to around fifteen in 2023. This trend can impact housing demand and educational appeal for families considering moving to the region. Investors, builders, and real estate agents might find these figures relevant as they influence property values and attractiveness. For appraisers and insurance agents, understanding these dynamics provides a deeper context for evaluating risk and property worth. With a national average of fourteen students per teacher, Union County's ratios show a relatively competitive edge in educational quality during certain years, which could be a draw for those prioritizing schooling in their relocation or investment decisions.
