Wallowa County Real Estate and Livability Trends
Wallowa County, Oregon, has experienced a notable rise in average taxable income, moving from $41,849.24 in 2013 to $63,423.72 in 2021, which might hint at a bolstering local economy and potentially higher property demands. Median home values in the county have also surged from $204,500.00 in 2015 to $336,900.00 in 2022, a significant growth although still below the Oregon state median of... Read more
Wallowa County Market Trends
Over the past eight years, Wallowa County, Oregon's median home values surged from $204,500.00 in 2015 to $336,900.00 in 2022, showing remarkable growth. Despite being lower than the state median of $423,100.00, this increase outpaces national trends and suggests potential investment appeal. Fluctuations in residential energy tax credits, with spikes up to $1,600.00, hint at periods of heightened... Read more
Median Value of Occupied Housing Units in Wallowa County, Oregon Over the Last 8 Years
Over the past eight years, Wallowa County, Oregon's median home values surged from $204,500 in 2015 to $336,900 in 2022, reflecting robust growth. Interestingly, this county's 2022 median value is lower than Oregon's state median of $423,100, but significantly higher than the national median of $179,400. Such a significant increase signals potential for attractive investment opportunities, particularly for those prioritizing rural living while enjoying value appreciation that outpaces national trends.
Residential Energy Tax Credit Per Tax Return in Wallowa County, OR Over the Last 8 Years
Wallowa County, Oregon has experienced significant fluctuations in average residential energy tax credits per tax return over the past eight years, with notable spikes in 2015, 2017, and 2021 reaching amounts as high as $1,600.00. Such variability might suggest changing incentives or alterations in energy-efficient home improvements, which could influence property values and investment prospects. Those looking to buy, sell, or insure property here should consider these trends as they might indicate periods of heightened local investment in energy efficiency and potentially enhanced home values.
Average Real Estate Taxes Per Tax Return in Wallowa County, OR Over the Last 10 Years
Wallowa County, Oregon has seen a noticeable rise in average real estate taxes per tax return over the past decade. Starting around $1,987.64 in 2012, the taxes have progressively increased, reaching approximately $3,216.00 by 2021. This upward trend could indicate an appreciating real estate market, possibly pointing to increased demand and property values. This has important implications for potential investors and homebuyers as it suggests growing investment opportunities but also higher carrying costs. Real estate agents and appraisers may also find this trend significant for valuing properties and setting client expectations accurately.
Percentage of Farm Returns in Wallowa County, OR Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Wallowa County, Oregon, has seen slight fluctuations but generally remained around 13-14%. In the most recent reports, this percentage appears to have stabilized closer to 12%. Farm tax returns signal the economic activity within the agricultural sector, providing insight into how many farm operations are active enough to require tax filing. Understanding this steady trend might be useful for potential investors or newcomers considering the county for agricultural ventures, residential developments, or even business opportunities that cater to the local farming community.
Number of Mortgages by Occupancy Type in Wallowa County, OR Over the Last 5 Years in Wallowa County
In Wallowa County, Oregon, the mortgage count data for the past five years reveals a consistent dominance of mortgages for principal residences, peaking in 2021 with 598 loans. Investment property mortgages fluctuate but show an upward tick reaching 33 in 2021, while second residence loans remain relatively stable. Changes in occupancy type might indicate shifting demographics, investment opportunities, or lifestyle preferences, potentially affecting property values and insurance premiums. This trend suggests a robust market for primary homes, making it an area of interest for investors and realtors predicting future growth or shifts in the housing market.
Economic Outlook
In Wallowa County, Oregon, the average taxable income per tax return has jumped from $41,849.24 in 2013 to $63,423.72 in 2021, pointing toward a potentially robust local economy. This rise in income levels could influence property values, prompting a higher demand for upscale homes. Meanwhile, state and local income taxes have climbed significantly, from $5,379.55 in 2012 to $8,403.70 in 2021, with notable spikes between 2017-2018 and 2019-2020. Additionally, total tax liabilities have... Read more
Average Taxable Income per Tax Return in Wallowa County, OR over the last 9 years
Over the past nine years, Wallowa County, Oregon has seen a notable increase in average taxable income per tax return from $41,849.24 in 2013 to $63,423.72 in 2021. This upward trajectory suggests a potentially growing local economy, making it an interesting consideration for investors, real estate professionals, and those looking to move to the area. The steady rise in income levels may also influence property valuations and insurance premiums, reflecting an overall boost in the residents' purchasing power and financial stability. As average incomes continue to grow, appraisers and builders might anticipate increased demand for higher-value properties in the county.
Average State and Local Income Taxes Per Tax Return in Wallowa County, OR Over the Last 10 Years
In Wallowa County, Oregon, average state and local income taxes per tax return have shown a general upward trend over the past decade. In 2012, the average was about $5,379.55, with a noticeable increase reaching approximately $8,403.70 in 2021. The most significant spikes occurred between 2017 and 2018, jumping from $6,471.74 to $7,773.08, and again from 2019 to 2020, rising from $7,229.17 to $8,012.00. This gradual increase could suggest a growing economic base or adjustments in tax rates, potentially influencing property values, living costs, and investment decisions in the area.
Average Total Tax Liability Per Tax Return in Wallowa County, OR Over the Last 10 Years
Wallowa County, Oregon has seen a consistent increase in average total tax liability per tax return over the past decade, with liabilities rising from $5,287.23 in 2012 to $8,637.15 in 2021. Notable upticks occurred in 2017 and 2021, suggesting potential increases in income or adjustments in tax laws affecting this region. These trends could be significant for those considering investment or property development in the area, as higher tax liabilities may reflect broader economic growth or shifts in the local economy that could impact financial planning and property valuations.
Cost of Living in Wallowa County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,295 | $1,476 | $1,970 | $1,287 | $1,744 |
| 1 adult 4 children | $1,295 | $1,205 | $1,488 | $1,287 | $1,818 |
| 2 adults 3 children | $1,295 | $1,206 | $1,719 | $1,287 | $1,487 |
| 1 adult 3 children | $1,295 | $984 | $1,237 | $1,287 | $1,542 |
| 2 adults 2 children | $911 | $987 | $1,467 | $1,123 | $1,195 |
| 1 adult 2 children | $911 | $737 | $985 | $1,123 | $1,117 |
| 2 adults 1 child | $911 | $780 | $1,216 | $591 | $1,043 |
| 1 adult 1 child | $911 | $504 | $734 | $591 | $872 |
| 2 adults | $746 | $627 | $964 | $0 | $837 |
| 1 adult | $609 | $342 | $482 | $0 | $665 |
Safety trends & Data
Property crime trends in Wallowa County, Oregon reveal some dynamic shifts over the past four years. Vandalism has notably risen, with incidents almost doubling from 5 in 2020 to 9 in 2022. Burglary peaked at four arrests in 2021, while larceny-theft saw a marked decline from four in 2020 to just one in 2022. Motor vehicle theft and fraud stayed low but consistent. These crime patterns could be pivotal for investors, appraisers, insurance agents, and real estate professionals when assessing the... Read more
Property Crime Trends in Wallowa County, OR Over the Last 4 Years
Wallowa County, Oregon has experienced fluctuations in property crime over the past four years, with a notable increase in vandalism incidents, rising from five cases in 2020 to nine by 2022. Burglary incidents saw a slight increase, peaking at four arrests in 2021. In contrast, larceny-theft occurrences have shown a decline, dropping from four in 2020 to just one in 2022. Motor vehicle theft and fraud remain relatively low but steady. Understanding these trends could be crucial for investors, appraisers, insurance agents, and real estate professionals assessing the safety and desirability of the area for potential clients.
Demographics
In Wallowa County, Oregon, there might be a slightly higher percentage of females than males within the adult population. Educational attainment tends to skew towards high school graduates and those with some college education, while a smaller portion holds advanced degrees. The age distribution suggests a significant concentration of residents in the 55 to 74-year-old range, likely indicating an aging population. The racial composition is predominantly White, with minimal representation from... Read more
Race Distribution in Wallowa County, Oregon (2022)
Educational Attainment in Wallowa County, Oregon (2022)
Age Distribution in Wallowa County, Oregon
Citizen Population in Wallowa County, Oregon (2022)
Political Trends & Data
Wallowa County, Oregon, demonstrated a significant Republican preference in the 2020 U.S. Presidential Election, with roughly 66% voting Republican. The Democratic Party secured only about 32%, while minor parties, such as the Libertarians and Greens, barely made an impact. This voting pattern could be indicative of broader rural political inclinations or specific local dynamics that merit further... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Wallowa County in Oregon showed a strong leaning towards the Republican Party during the 2020 U.S. Presidential Election, with approximately 66% of the vote. The Democratic Party trailed significantly, capturing about 32% of the votes. Minor parties like the Libertarians and Greens barely made a dent, with Libertarians garnering around 1.5% and Greens less than 0.2%. This pattern might reflect broader rural voting trends or localized political dynamics worth exploring.
66.11% of voters voted for the Republican party in the 2020 Presidential Election
31.56% of voters voted for the Democrat party in the 2020 Presidential Election
1.48% of voters voted for the Livertarian party in the 2020 Presidential Election
0.19% of voters voted for the Green party in the 2020 Presidential Election
0.66% of voters voted for the Other party in the 2020 Presidential Election
School Data
Wallowa County, Oregon saw its student-to-teacher ratio jump from around 10-11 students per teacher from 2014 to 2021 to approximately 21 in 2022, before settling back to around 11 by 2023. Such fluctuations may shape decisions for investors, developers, and relocating families, possibly affecting school funding, classroom dynamics, and education quality in the... Read more
Student-to-teacher ratio in Wallowa County, Oregon over the last 10 years
Wallowa County, Oregon has experienced notable fluctuations in its student-to-teacher ratio over the last decade, with values ranging from approximately 10 to 11 students per teacher between 2014 and 2021. Interestingly, 2022 saw a significant spike to about 21 students per teacher, which sharply contrasts with the previous years and the national average of 14 students per teacher. By 2023, the ratio settled back to around 11. These variations could impact decisions for potential investors, property developers, and families considering relocation, as they may influence school funding, classroom experience, and the overall quality of education in the county.
