Yamhill County Real Estate and Livability Trends
Yamhill County, Oregon's real estate market has seen median home values soar from $220,800.00 in 2015 to $408,500.00 in 2022, far outpacing state and national trends. This surge might suggest growing interest from buyers and a potential for higher returns on investments. Meanwhile, residential energy tax credits peaked at $3,512.50 in 2018, indicating a growing interest in energy-efficient home... Read more
Yamhill County Market Trends
Yamhill County, Oregon’s real estate market has experienced a notable rise in median home values, jumping from $220,800 in 2015 to $408,500 in 2022, outpacing both state and national increments. Residential energy tax credits in the area have also surged, peaking at $3,512.50 in 2018, which may point to a burgeoning interest in energy-efficient home improvements. Real estate taxes have steadily... Read more
Median Value of Occupied Housing Units in Yamhill County, Oregon Over the Last 8 Years
Over the past eight years, the median value of occupied housing units in Yamhill County, Oregon rose significantly from $220,800 in 2015 to $408,500 in 2022. This increase appears to outpace both the state of Oregon, where median home values improved from $237,300 to $423,100, and the national figures, which climbed from $125,500 to $179,400. Potential investors and those considering a move should note that, despite a strong surge in property values, Yamhill County remains more affordable compared to Oregon's state average but is still growing rapidly compared to national trends.
Residential Energy Tax Credit Per Tax Return in Yamhill County, OR Over the Last 9 Years
Over the last nine years, Yamhill County, Oregon has seen fluctuating trends in residential energy tax credits. The average value started at $485.51 in 2013 and saw a significant increase to $3,512.50 in 2018, showcasing a marked rise in investments in energy-efficient home improvements. This trend matters for potential investors, real estate agents, and insurance providers as it may indicate a growing emphasis on sustainable living and energy-efficient infrastructure in the area, potentially enhancing property values and shaping insurance considerations.
Average Real Estate Taxes Per Tax Return in Yamhill County, OR Over the Last 10 Years
Yamhill County, Oregon has seen a steady increase in average real estate taxes per tax return over the last decade, rising from roughly $2,989.97 in 2012 to approximately $4,743.05 in 2021. This upward trend suggests a growing demand for real estate, potentially reflecting increased property values and economic development in the area. For investors, builders, real estate agents, and those looking to move, this could indicate a dynamic market but also higher carrying costs. Insurance agents and appraisers might find this data useful to gauge the area's property risk and value trends.
Percentage of Farm Returns in Yamhill County, OR Over the Last 10 Years
Over the last decade, Yamhill County, Oregon has seen a gradual decline in the percentage of farm tax returns, dipping from 4.36% in 2012 to a low of 3.11% in 2020, with a slight recovery to 3.23% in 2021. Farm tax returns typically reflect the portion of total tax filings attributed to agricultural activities, signalling the economic health and viability of the farming sector. For investors, builders, or prospective residents, this trend might suggest a shifting economic landscape, potentially signaling opportunities in other sectors or necessitating strategies to bolster agricultural investments.
Number of Mortgages by Occupancy Type in Yamhill County, OR Over the Last 5 Years in Yamhill County
Over the last five years, Yamhill County, Oregon has seen varying trends in mortgage counts, particularly in principal residences and investment properties. From a high of 10,189 mortgage counts for principal residences in 2020 down to 5,518 in 2022, these fluctuations suggest shifts in housing demand and affordability. Investment properties have shown a more stable yet gradually decreasing trend, from 526 in 2021 to 325 in 2022. This can be pivotal for investors evaluating market stability and potential returns. Understanding these dynamics is crucial for real estate agents, appraisers, and insurance agents, as they impact property values, market demand, and risk assessments.
Economic Outlook
Yamhill County, Oregon has experienced steady growth in average taxable income per tax return, peaking at $84,900.79 in 2021. This upward trend hints at potential economic prosperity, drawing attention from investors and new residents. Concurrently, the county's average state and local income taxes rose significantly, reaching approximately $15,017.71 in 2021, which could influence investment and real estate strategies. Total tax liability also climbed from $8,110.84 in 2012 to $13,436.71 in... Read more
Average Taxable Income per Tax Return in Yamhill County, OR over the last 9 years
Yamhill County, Oregon has seen steady growth in average taxable income per tax return over the past nine years, culminating in a notable increase to $84,900.79 in 2021. This consistent upward trajectory is indicative of a potentially prosperous economic environment, making the county appealing for investors, new residents, real estate agents, and appraisers. The rise in taxable income suggests that the area could be experiencing economic development, increased job opportunities, or a higher cost of living, all of which are critical factors for those considering making financial or personal moves related to Yamhill County.
Average State and Local Income Taxes Per Tax Return in Yamhill County, OR Over the Last 10 Years
Yamhill County, Oregon has seen a notable increase in average state and local income taxes per tax return over the past decade, with a rise from roughly $6,590.92 in 2012 to approximately $15,017.71 in 2021. This upward trend, especially the significant jump post-2017, signals growing tax burdens which could be relevant for potential investors and those planning to build properties. For real estate agents and appraisers, this trend might indicate shifting economic dynamics and potential future property value movements, which could affect pricing strategies and client advisories. For insurance agents, increased income taxes could suggest alterations in disposable income, possibly impacting insurance purchasing behaviors.
Average Total Tax Liability Per Tax Return in Yamhill County, OR Over the Last 10 Years
Over the last decade, Yamhill County, Oregon has seen a steady increase in the average total tax liability per tax return. Starting at $8,110.84 in 2012, it has grown to $13,436.71 by 2021. This upward trend could reflect increasing incomes, property values, or both, making it an essential consideration for investors, appraisers, and real estate agents who are evaluating the area's economic climate. This also serves as a potential hint for insurance agents and builders about the area’s growth and evolving fiscal landscape.
Cost of Living in Yamhill County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,149 | $1,653 | $1,674 | $2,030 | $2,477 |
| 1 adult 4 children | $2,149 | $1,350 | $1,262 | $2,030 | $2,532 |
| 2 adults 3 children | $2,149 | $1,350 | $1,461 | $2,030 | $2,219 |
| 1 adult 3 children | $2,149 | $1,102 | $1,049 | $2,030 | $2,309 |
| 2 adults 2 children | $1,536 | $1,105 | $1,249 | $1,808 | $1,673 |
| 1 adult 2 children | $1,536 | $826 | $837 | $1,808 | $1,712 |
| 2 adults 1 child | $1,536 | $874 | $1,036 | $1,085 | $1,389 |
| 1 adult 1 child | $1,536 | $564 | $624 | $1,085 | $1,325 |
| 2 adults | $1,344 | $702 | $824 | $0 | $1,039 |
| 1 adult | $1,252 | $383 | $412 | $0 | $909 |
Safety trends & Data
In Yamhill County, Oregon, property crimes have shown distinct patterns over the last five years, with significant fluctuations across various categories. Vandalism peaked in 2021 with 166 incidents, while larceny-theft dropped dramatically from 471 in 2018 to 260 in 2021, rebounding slightly to 342 in 2022. Burglary saw a noteworthy high of 57 in 2021 before sharply declining to 32 in 2022. Motor vehicle theft gradually increased, hitting a notable 39 incidents in 2020. Fraud cases spiked at... Read more
Property Crime Trends in Yamhill County, OR Over the Last 5 Years
Over the last five years in Yamhill County, Oregon, property crimes have fluctuated with distinct patterns emerging in different categories. Vandalism consistently remained a significant concern, peaking at 166 incidents in 2021. Larceny-theft incidents dropped significantly from 471 in 2018 to 260 in 2021 and slightly rebounded to 342 in 2022. Burglary incidents also varied, with a high of 57 in 2021 but a sharp decline to 32 in 2022. Motor vehicle theft incidents showed a gradual increase, especially notable in 2020 with 39 incidents. Fraud cases spiked in 2019 with 142 incidents but showed a declining trend afterward. These trends might be critical for potential investors, local businesses, real estate agents, and residents in the area, highlighting changes in criminal activity impacting property security and insurance considerations.
Demographics
The adult population in Yamhill County, Oregon, is fairly balanced between males and females, indicating a potentially stable community in terms of gender demographics. A significant portion of the population holds a high school diploma or has attended some college, which might suggest an educated workforce yet an area for improvement in higher education attainment. The age distribution reveals a large cohort in the 25 to 64 years range, possibly pointing to a thriving working-age population.... Read more
Race Distribution in Yamhill County, Oregon (2022)
Educational Attainment in Yamhill County, Oregon (2022)
Age Distribution in Yamhill County, Oregon
Citizen Population in Yamhill County, Oregon (2022)
Political Trends & Data
Yamhill County in Oregon demonstrated a fairly balanced political atmosphere in the 2020 U.S. Presidential Election. The Republican vote share narrowly surpassed the Democrats', each securing nearly half of the total votes. Minor parties like the Libertarians and Greens attracted a small but notable fraction of voters, indicating diverse political leanings in the county. This balanced split might make Yamhill County a strategic focal point for both major political parties in upcoming elections,... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Yamhill County in Oregon likely exhibited a relatively balanced political landscape during the 2020 U.S. Presidential Election. The Republican vote share seemed to slightly edge out the Democrats, with both parties capturing roughly half the votes. Minor parties, such as the Libertarians and Greens, along with other candidates, collectively appeared to secure a modest portion of the electorate, suggesting a diverse political inclination among voters. If these trends persist, Yamhill might continue to be a focal point for both major parties in future elections, potentially influencing campaign strategies and voter outreach efforts.
50.15% of voters voted for the Republican party in the 2020 Presidential Election
46.12% of voters voted for the Democrat party in the 2020 Presidential Election
2.46% of voters voted for the Livertarian party in the 2020 Presidential Election
0.43% of voters voted for the Green party in the 2020 Presidential Election
0.84% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Yamhill County, Oregon, the student-to-teacher ratio has declined over the past decade from over 20 students per teacher in 2014 to just under 17 in 2023. This shift could indicate changes in educational funding and hiring, potentially affecting the quality of education. Despite this improvement, the county's ratio is still slightly higher than the national average of 14 students per teacher, suggesting classrooms may be more crowded than in other parts of the U.S. For investors and... Read more
Student-to-teacher ratio in Yamhill County, Oregon over the last 10 years
Over the past decade, Yamhill County in Oregon has seen a noticeable decline in its student-to-teacher ratio, from over 20 students per teacher in 2014 to just under 17 in 2023. This trend suggests potential shifts in educational funding, hiring practices, and possibly district redistricting, all of which could affect the quality of education. Comparatively, Yamhill County's current ratio is slightly higher than the national average of 14 students per teacher, indicating that classrooms might still be more crowded than in other parts of the United States. For investors, real estate agents, and individuals planning to move to the area, these changes in the education system could impact property valuations and community attractiveness. Lower student-to-teacher ratios typically correlate with better individual student attention and outcomes, which can make a location more desirable for families.
