Clallam County Real Estate and Livability Trends
Median home values in Clallam County have jumped 62.88% from $217,100 in 2015 to $353,600 in 2022, suggesting significant investment potential despite lagging behind Washington's overall growth. Property taxes have risen notably, reflecting increasing property values and possibly altered tax policies. A noticeable decline in farm tax returns and fluctuating investment property mortgages indicate... Read more
Clallam County Market Trends
Median home values in Clallam County have jumped 62.88% from $217,100 in 2015 to $353,600 in 2022. While lower than Washington's statewide growth of 82.44%, this surge still significantly surpasses the national median increase, suggesting considerable investment potential. The average residential energy tax credits also show dramatic fluctuations, peaking at $4,709.09 in 2018 and indicating a... Read more
Median Value of Occupied Housing Units in Clallam County, Washington Over the Last 8 Years
Median home values in Clallam County, Washington have surged from $217,100 in 2015 to $353,600 in 2022, representing a 62.88% increase over eight years. This local growth far outpaces the national median, which only increased from $125,500 to $179,400, a 42.99% rise during the same period. Compared to statewide trends, Clallam County's growth is less aggressive, with Washington's median home values rocketing from $259,500 to $473,400, a hefty 82.44% climb. This indicates Clallam County remains relatively more affordable than many other parts of the state, but still a significant player in the housing market with substantial growth potential for investors and residents alike.
Residential Energy Tax Credit Per Tax Return in Clallam County, WA Over the Last 9 Years
Clallam County, Washington, has experienced notable fluctuations in average residential energy tax credits per tax return over the last nine years. Starting at $716.67 in 2013, there was a substantial jump by 2015 to $1308.16 and a peak in 2018 at $4709.09, indicating significant investment in energy-efficient home upgrades. The amounts have varied since, most recently standing at $1481.40 in 2021. This data potentially reflects increased homeowner incentives for energy efficiency, which is crucial for investors, builders, and real estate agents aiming to tap into this eco-conscious market segment.
Average Real Estate Taxes Per Tax Return in Clallam County, WA Over the Last 10 Years
Over the past decade, Clallam County, Washington has seen a notable increase in average real estate taxes per tax return, starting around $3,167 in 2012 and reaching approximately $5,269 by 2021. This upward trend, especially the significant jump between 2017 and 2018, may indicate rising property values or changes in local tax policies. For potential investors, homebuyers, or those involved in real estate appraisals and insurance, understanding this trajectory can provide insight into the economic climate and potential future costs associated with property ownership in the area.
Percentage of Farm Returns in Clallam County, WA Over the Last 10 Years
Clallam County, Washington has experienced a generally decreasing trend in the percentage of farm tax returns over the past decade. Beginning at approximately 0.93% in 2012, the percentage has subtly declined to about 0.71% by 2021, with minor fluctuations in between. Farm tax returns reflect the proportion of tax filings attributed to agricultural activities, indicating shifts in the region's economic focus or changes in farming operations. For investors, property developers, and residents, understanding these trends can provide insights into the evolving agricultural landscape and potential future opportunities or challenges in the county.
Number of Mortgages by Occupancy Type in Clallam County, WA Over the Last 5 Years in Clallam County
Over the past five years, Clallam County, Washington has seen a notable shift in mortgage activity across different occupancy types. Principal residence mortgages have remained the dominant category, peaking in 2020 with nearly 6,000 mortgages, likely reflecting stability and growth in the primary housing market. Investment property mortgages, although significantly lower in volume, have shown fluctuations, hinting at varying investor confidence or economic conditions. Meanwhile, second residences have consistently had the fewest mortgages, suggesting a niche but stable market. For investors, understanding these trends can highlight potential areas of growth or risk; real estate agents might focus their efforts on the robust principal residence market, while those considering building or appraising properties should take into account the evolving interest in investment properties. Insurance agents can tailor policies to reflect the changing landscape of homeownership and investment in the area.
Economic Outlook
In Clallam County, Washington, average taxable income per tax return has surged from $52,022.51 in 2013 to $79,410.34 in 2021, indicating a potentially strengthening local economy. Meanwhile, average state and local income taxes per tax return rose nearly threefold over the past decade, peaking at $17,421.21 in 2021, hinting at an increasing fiscal burden on residents. The total tax liability per tax return also showed a notable rise, reaching $11,749.98 in 2021, reflecting changing economic... Read more
Average Taxable Income per Tax Return in Clallam County, WA over the last 9 years
Over the past nine years, Clallam County, Washington has seen a general increase in average taxable income per tax return. Starting at $52,022.51 in 2013, the income has steadily risen, reaching $79,410.34 by 2021. This upward trend suggests a potentially strengthening local economy, which could be of interest to investors and prospective residents alike. Such growth may influence property values, thereby impacting insurance costs and appraisal values in the area.
Average State and Local Income Taxes Per Tax Return in Clallam County, WA Over the Last 10 Years
Over the past decade, Clallam County, Washington has seen a significant upward trend in average state and local income taxes per tax return, peaking dramatically at $17,421.21 in 2021. This marks almost a threefold increase from the $6,092.16 reported in 2012. While there were some fluctuations, the general trajectory has been upward, indicating rising tax burdens. For potential investors and developers, this trend could signal increased fiscal pressures on residents, which might impact disposable incomes and local spending. For real estate professionals and appraisers, the climbing taxes might influence property values and transaction patterns, while insurance agents might need to reassess risk profiles and premiums in light of these economic shifts.
Average Total Tax Liability Per Tax Return in Clallam County, WA Over the Last 10 Years
Tax trends in Clallam County, Washington reveal a noteworthy upward trajectory in average total tax liability per tax return over the past decade. Starting at around $7,309.07 in 2012, there's a steady climb with significant spikes in 2017 and 2021 where liabilities reached approximately $9,328.21 and $11,749.98, respectively. This increase suggests changing economic conditions and possibly rising incomes, which could be a signal of growing property values and investment potential in the area. This pattern may be of particular interest to investors, real estate agents, and insurance agents as it impacts appraisal values and insurance costs.
Cost of Living in Clallam County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,681 | $1,633 | $2,037 | $1,734 | $1,324 |
| 1 adult 4 children | $1,681 | $1,333 | $1,577 | $1,734 | $1,469 |
| 2 adults 3 children | $1,681 | $1,334 | $1,758 | $1,734 | $1,081 |
| 1 adult 3 children | $1,681 | $1,089 | $1,298 | $1,734 | $1,229 |
| 2 adults 2 children | $1,202 | $1,092 | $1,479 | $1,514 | $833 |
| 1 adult 2 children | $1,202 | $816 | $1,019 | $1,514 | $848 |
| 2 adults 1 child | $1,202 | $863 | $1,199 | $798 | $749 |
| 1 adult 1 child | $1,202 | $557 | $739 | $798 | $628 |
| 2 adults | $913 | $693 | $920 | $0 | $575 |
| 1 adult | $804 | $378 | $460 | $0 | $475 |
Safety trends & Data
Clallam County, Washington, has seen variable property crime rates over the last five years. Notably, larceny-theft incidents peaked at 352 in 2018 but decreased to 170 by 2021, stabilizing around 207 in 2022. Burglary rates showed significant volatility, jumping to 96 incidents in 2022 from just 39 in 2021. Vandalism remained somewhat steady, with a minor peak at 97 reports in 2019, while motor vehicle theft and arson had only slight fluctuations. These crime trends can be essential for making... Read more
Property Crime Trends in Clallam County, WA Over the Last 5 Years
Clallam County, Washington has witnessed fluctuating trends in various property crimes over the last five years. While larceny-theft peaked in 2018 at 352 reported incidents, it saw a significant decline by 2021 with 170 incidents, and then slightly stabilized around 207 in 2022. Burglary rates, however, demonstrated volatility, spiking to 96 in 2022 compared to 39 in 2021. Vandalism remained relatively constant with a slight peak at 97 reports in 2019, while motor vehicle theft and arson had minor fluctuations but generally remained low in numbers. If you're considering moving to or investing in Clallam County, understanding these crime trends may help you make more informed decisions around property investments and insurance needs.
Demographics
Clallam County, Washington's demographic trends show a gender balance that's slightly skewed towards more females compared to males. The area's educational attainment reveals that a significant portion of adults have some college education but no degree, while a smaller fraction hold graduate or professional degrees. The age distribution indicates a sizable older population, with a noticeable number of residents aged 65 and over, suggesting potential demands for senior services and healthcare.... Read more
Race Distribution in Clallam County, Washington (2022)
Educational Attainment in Clallam County, Washington (2022)
Age Distribution in Clallam County, Washington
Citizen Population in Clallam County, Washington (2022)
Political Trends & Data
Clallam County, Washington, might offer a politically diverse environment, with Democrats possibly securing just over half of the 2020 U.S. Presidential Election votes. Republicans were close, nearly at 47%, and third-party vote shares hovered at around 2% for Libertarians and slightly below 1% for the Green Party. The political variety could influence community dynamics, local policies, and perhaps even investment decisions in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Clallam County, Washington, leaned slightly towards the Democratic party in the 2020 U.S. Presidential Election, with Democrats potentially securing just over half of the vote. Republicans appeared to be close behind with nearly 47%. Third-party presence was minor but noticeable, with the Libertarian vote hovering around 2% and the Green Party slightly below 1%. Other parties combined might have secured just about 1%. This distribution may hint at a diverse political landscape that isn't firmly dominated by a single party.
46.81% of voters voted for the Republican party in the 2020 Presidential Election
50.18% of voters voted for the Democrat party in the 2020 Presidential Election
1.81% of voters voted for the Livertarian party in the 2020 Presidential Election
0.49% 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
Clallam County, Washington has seen a gradual decrease in student-to-teacher ratios over the last nine years, dropping from 19 students per teacher in 2015 to just under 17 in 2023. While still higher than the national average of 14 students per teacher, this trend might suggest improved educational resources and more personalized attention for students. For those considering investing or relocating, these changes could be viewed as a sign of the county’s commitment to enhancing educational... Read more
Student-to-teacher ratio in Clallam County, Washington over the last 9 years
Clallam County, Washington has seen a gradual decrease in student-to-teacher ratios over the last nine years, dropping from 19 students per teacher in 2015 to just under 17 in 2023. Although still higher than the national average of 14 students per teacher, this trend may indicate improved educational resources and more personalized attention for students. For those looking to invest, understanding these changes might help gauge the quality of education and community development. Additionally, real estate agents and families considering moving to the area could view this trend as a positive indication of the county’s commitment to education.
