Grays Harbor County Real Estate and Livability Trends
Grays Harbor County, Washington has seen a notable rise in median home values, from $158,300 in 2015 to $249,900 in 2022, positioning it as a relatively affordable option compared to the state average. Average total tax liability per tax return has also surged, peaking at $9,477.31 in 2021, suggesting higher incomes or increased property valuations. However, fluctuations in the student-to-teacher... Read more
Grays Harbor County Market Trends
Grays Harbor County, Washington has seen a dramatic rise in median home values from $158,300 in 2015 to $249,900 in 2022, outpacing national trends but still remaining more affordable than the state average. Residential energy tax credits have fluctuated significantly, peaking at $2,900.00 in 2018 and then settling at $1,090.63 by 2021, potentially indicating shifts in energy policies or... Read more
Median Value of Occupied Housing Units in Grays Harbor County, Washington Over the Last 8 Years
Grays Harbor County, Washington has seen a striking increase in median home values over the past eight years, jumping from $158,300 in 2015 to $249,900 in 2022. This represents a significant rise compared to the national trend, where values increased from $125,500 to $179,400 over the same period. Compared to Washington state’s median home value growth, which leaped from $259,500 in 2015 to $473,400 in 2022, Grays Harbor County is still more affordable, potentially attracting those looking for investment opportunities or a less expensive entry into the housing market while still benefiting from upward market trends.
Residential Energy Tax Credit Per Tax Return in Grays Harbor County, WA Over the Last 9 Years
Over the past nine years, residential energy tax credits in Grays Harbor County, Washington have seen considerable fluctuations. The credits started around $310.42 in 2013, peaked significantly to $2,900.00 in 2018, and then, notably, settled back to a more modest $1,090.63 by 2021. These shifts could reflect changes in energy policies, local economic conditions, or varying levels of homeowner investments in energy-efficient upgrades. This data may be particularly relevant for investors, property developers, and real estate professionals aiming to understand financial incentives, as well as for insurance agents and appraisers interested in the correlation between home improvements and property values.
Average Real Estate Taxes Per Tax Return in Grays Harbor County, WA Over the Last 10 Years
Over the past decade, Grays Harbor County, Washington, has seen a notable increase in average real estate taxes per tax return. Starting at approximately $2,859.17 in 2012, the numbers have steadily climbed, reaching about $4,839.06 by 2021. This trend highlights the rising financial contributions property owners are expected to make, potentially reflecting increased property values and local tax rate adjustments. This trend may be pertinent for potential investors, homebuyers, real estate professionals, and even insurance agents who need to factor in higher ongoing costs when evaluating the region's market dynamics.
Percentage of Farm Returns in Grays Harbor County, WA Over the Last 10 Years
The percentage of farm tax returns filed in Grays Harbor County, Washington, has shown a gradual decline over the past decade, dropping from roughly 1.17% in 2012 to approximately 0.95% in 2021. Farm tax returns, which generally reflect the number of agricultural businesses reporting income, can offer insight into the vitality of the local farming economy. This decline might indicate a reduction in the number or size of farming operations, which could be relevant for potential investors, property developers, and individuals considering relocation to the area, as it may reflect broader economic or land-use shifts.
Number of Mortgages by Occupancy Type in Grays Harbor County, WA Over the Last 5 Years in Grays Harbor County
Grays Harbor County, Washington has seen fluctuations in mortgage counts across different occupancy types over the past five years. Principal residence mortgages peaked in 2021 with 6,690 instances before dropping to 4,067 in 2022. Investment property mortgages have gradually increased from 259 in 2018 to a high of 480 in 2021, though they dipped again in 2022. The count for second residences follows a similar but less pronounced pattern. Understanding these shifts is crucial for investors and builders who need to gauge demand for different property types. Real estate and insurance professionals can better assess risk and market potential, while residents can use this data to inform decisions around property value and community growth.
Economic Outlook
Grays Harbor County, Washington has witnessed a steady increase in average taxable income per tax return, rising from $46,318.67 in 2013 to $66,916.57 by 2021, hinting at a more robust economic base and potential boost in consumer spending. Despite fluctuating trends in state and local income taxes, marked by significant spikes in 2013 and 2019-2021, investors and financial planners might see opportunities amid this variability. The average total tax liability per tax return also climbed,... Read more
Average Taxable Income per Tax Return in Grays Harbor County, WA over the last 9 years
Grays Harbor County, Washington, has seen a steady rise in average taxable income per tax return over the past nine years. Starting at $46,318.67 in 2013, it escalated to $66,916.57 by 2021. This upward trend, peaking notably in 2021, suggests a growing economic base and potential for increased consumer spending. For investors, real estate agents, and property builders, these figures hint at a robust and improving market, while appraisers and insurance agents might view this as an indicator of increasing property values and demand.
Average State and Local Income Taxes Per Tax Return in Grays Harbor County, WA Over the Last 10 Years
Over the past decade, residents of Grays Harbor County in Washington have seen a fluctuating trend in average state and local income taxes per tax return. From a low of $4,037.50 in 2015 to a peak of $8,014.29 in 2021, these variations highlight instability in tax burdens. Notably, the years 2013 and 2019-2021 show significant spikes. This variable tax landscape could influence decisions for potential investors, home buyers, and financial planners.
Average Total Tax Liability Per Tax Return in Grays Harbor County, WA Over the Last 10 Years
Grays Harbor County, Washington, seems to have experienced a noticeable uptick in average total tax liability per tax return over the past decade. Starting at around $6,297.83 in 2012, there was a steady climb to approximately $7,820.21 by 2017. Despite a slight dip in 2018, the trend quickly rebounded, peaking at $9,477.31 in 2021. This upward trajectory could suggest growing incomes or property valuations, which may be particularly interesting for investors, real estate agents, and appraisers monitoring economic health and growth in the area.
Cost of Living in Grays Harbor County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,487 | $1,520 | $2,112 | $1,734 | $1,233 |
| 1 adult 4 children | $1,487 | $1,241 | $1,635 | $1,734 | $1,381 |
| 2 adults 3 children | $1,487 | $1,242 | $1,823 | $1,734 | $1,008 |
| 1 adult 3 children | $1,487 | $1,014 | $1,346 | $1,734 | $1,143 |
| 2 adults 2 children | $1,046 | $1,017 | $1,533 | $1,514 | $782 |
| 1 adult 2 children | $1,046 | $759 | $1,056 | $1,514 | $764 |
| 2 adults 1 child | $1,046 | $803 | $1,244 | $798 | $698 |
| 1 adult 1 child | $1,046 | $519 | $767 | $798 | $585 |
| 2 adults | $847 | $645 | $954 | $0 | $561 |
| 1 adult | $699 | $352 | $477 | $0 | $451 |
Safety trends & Data
Property crime in Grays Harbor County, Washington has seen some notable fluctuations over the last five years. Burglary incidents dropped dramatically from 113.00 in 2018 to approximately 60.00 in 2019, stabilizing slightly above that in subsequent years. While larceny-theft remains the most common crime, its peak of 533.00 in 2018 has decreased to hover in the mid-400s. Interestingly, motor vehicle theft and vandalism have experienced slight upticks recently, potentially indicating broader... Read more
Property Crime Trends in Grays Harbor County, WA Over the Last 5 Years
Property crime trends in Grays Harbor County, Washington over the last five years exhibit some interesting fluctuations that might interest potential investors, appraisers, insurance agents, real estate agents, and residents. Burglary incidents have seen notable variation, starting at a high of 113.00 in 2018 and then declining to around 60.00 in 2019, before leveling off slightly above 60.00 in subsequent years. Larceny-theft, consistently the most common crime, peaked at 533.00 in 2018 before moderately decreasing and fluctuating around the mid-400s. Motor vehicle theft and vandalism have shown slight increases in more recent years, which might reflect broader social or economic changes in the area. Meanwhile, crimes like embezzlement and fraud have remained relatively low but sporadically noticeable. Tracking such data can help stakeholders make more informed decisions regarding safety measures, property insurance premiums, and overall investment strategies in the county.
Demographics
Grays Harbor County in Washington shows a curious gender distribution with slightly more males (30,120) than females (28,255). Age-wise, the county has a higher concentration of adults in the 35 to 64 years range, peaking at 11,458 for those aged 55 to 64. Educational attainment sees a significant portion (19,482) of the population as high school graduates, but fewer individuals (3,377) hold graduate or professional degrees. Racially, the county is predominantly White (62,047), with relatively... Read more
Race Distribution in Grays Harbor County, Washington (2022)
Educational Attainment in Grays Harbor County, Washington (2022)
Age Distribution in Grays Harbor County, Washington
Citizen Population in Grays Harbor County, Washington (2022)
Political Trends & Data
Grays Harbor County, Washington, leans slightly Republican with around 51.7% of the vote in the 2020 U.S. Presidential Election, while Democrats captured about 45.1%. The presence of minor parties like Libertarians and Greens, although small, hints at some political diversity that could sway close races in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Grays Harbor County in Washington shows a likely Republican tilt with approximately 51.7% of the vote, while the Democrats garnered around 45.1%, suggesting a competitive political landscape in the 2020 U.S. Presidential Election. Minor parties, including Libertarians and Greens, collectively account for a small yet potentially impactful share, reflecting a modest but present level of political diversity.
51.71% of voters voted for the Republican party in the 2020 Presidential Election
45.14% of voters voted for the Democrat party in the 2020 Presidential Election
1.99% of voters voted for the Livertarian party in the 2020 Presidential Election
0.52% of voters voted for the Green party in the 2020 Presidential Election
0.64% of voters voted for the Other party in the 2020 Presidential Election
School Data
Grays Harbor County, Washington experienced a sharp increase in its student-to-teacher ratio in 2023, jumping from a historical average of 16 to an eye-popping 42, far above the national average of 14. This anomaly could reflect underlying problems in teacher retention or school funding, potentially affecting educational quality. For investors, homeowners, and real estate agents, these trends may warrant deeper consideration as education quality often influences property values and community... Read more
Student-to-teacher ratio in Grays Harbor County, Washington over the last 9 years
Over the last nine years, Grays Harbor County, Washington has seen moderate fluctuations in its student-to-teacher ratio, generally hovering around 16 students per teacher. However, 2023 experienced a dramatic increase to 42, much higher than the national average of 14. This spike could suggest potential issues in teacher retention or funding for schools, impacting educational quality. For investors, homeowners, and real estate agents, these figures might indicate a need for scrutiny when considering properties, as educational quality often correlates with property values and community desirability. Appraisers and insurance agents might also take note of these educational trends as they could indirectly affect property appraisals and risk assessments.
