Kittitas County Real Estate and Livability Trends
In Kittitas County, Washington, there's been a dramatic rise in housing market values from $242,900 in 2015 to $417,600 in 2022, which has outpaced national median growth and closely mirrored state trends. The jump in average taxable incomes, nearly doubling from $52,695.73 in 2013 to $93,601.46 in 2021, signals a robust local economy, which could attract new residents and investors. However,... Read more
Kittitas County Market Trends
Kittitas County, Washington has experienced a notable surge in housing market values, escalating from $242,900 in 2015 to $417,600 in 2022, outperforming the national median growth and closely tracking state trends. Energy tax credits have fluctuated significantly, peaking at $6,947.62 in 2018, reflecting potential local enthusiasm for energy-efficient upgrades. Real estate taxes have climbed... Read more
Median Value of Occupied Housing Units in Kittitas County, Washington Over the Last 8 Years
Over the last eight years, median home values in Kittitas County, Washington have seen a steady upward trajectory, moving from $242,900 in 2015 to a substantial $417,600 in 2022. This growth, while strong, aligns closely with trends in Washington overall, which has climbed from $259,500 to $473,400 in the same period. Compared to national figures, where the median value increased from $125,500 to $179,400, Kittitas County's housing values have experienced more robust appreciation, reflecting possible local demand or growth opportunities for investors and homebuyers.
Residential Energy Tax Credit Per Tax Return in Kittitas County, WA Over the Last 9 Years
In Kittitas County, Washington, the average residential energy tax credit per tax return has shown considerable fluctuations over the past nine years. Starting around $886.67 in 2013, there was a notable spike in 2015 reaching $3,816.13. The trend included another sharp rise in 2018 peaking at $6,947.62. While the credits tapered off to around $3,351.85 in 2019, they have remained above $2,500.00 and went up again to approximately $3,551.72 in 2021. These dynamic shifts could reflect changing incentives or increased uptake of energy-efficient home improvements, potentially making Kittitas County a point of interest for investors, homeowners, and real estate professionals focusing on energy-efficient properties.
Average Real Estate Taxes Per Tax Return in Kittitas County, WA Over the Last 10 Years
Over the past decade in Kittitas County, Washington, the average real estate taxes per tax return have shown a significant upward trend. Starting at $2,838.07 in 2012, there was a marked increase by 2013 to $3,203.90, with periodic rises until a sharp jump to $4,831.74 in 2018. This growth trend continued, peaking at $5,889.66 in 2021. These changes suggest a steady increase in property valuations or tax rates, which could be crucial for potential buyers, investors, and real estate professionals assessing the financial landscape of the area.
Percentage of Farm Returns in Kittitas County, WA Over the Last 10 Years
In Kittitas County, Washington, the percentage of farm tax returns has gradually declined over the last decade, dropping from about 3.96% in 2012 to roughly 2.84% in 2021. Farm tax returns are tax filings that include income from agricultural operations, helping gauge the prevalence and economic contribution of farming in the area. This steady downward trend might suggest shifts in the local economy, land use, or the profitability of farming, and might influence investment decisions, property development, and relocation considerations for those interested in the area's agricultural landscape.
Number of Mortgages by Occupancy Type in Kittitas County, WA Over the Last 5 Years in Kittitas County
Kittitas County, Washington has shown a notable trend in mortgage counts, especially for principal residences, which saw peaks in 2020 and 2021 before declining. Investment properties and second residences have experienced more moderate fluctuations, but there's a slight uptick for second residences and a downtrend for investment properties by 2022. These shifts in occupancy types can provide important insights for potential investors, highlighting evolving demand and potential return on investment. Appraisers can better evaluate property values, and insurance agents might adjust coverage options based on these occupancy trends. Understanding these changes also aids developers and real estate agents in targeting the right market segments, ensuring alignment with local housing needs and preferences.
Economic Outlook
In Kittitas County, Washington, average taxable incomes have been on a steady rise, nearly doubling from about $52,695.73 in 2013 to $93,601.46 in 2021. This suggests a flourishing local economy, potentially making the area attractive to investors and new residents. Meanwhile, average state and local income taxes have shown considerable volatility, spiking from $5,068.75 in 2012 to $23,836.36 in 2021. This could reflect shifting tax policies or rising incomes, which are important considerations... Read more
Average Taxable Income per Tax Return in Kittitas County, WA over the last 9 years
The average taxable income per tax return in Kittitas County, Washington, has demonstrated a notable upward trend over the past nine years, escalating from approximately $52,695.73 in 2013 to about $93,601.46 in 2021. This consistent growth could suggest an improving economic environment which may appeal to potential investors, new residents, appraisers, and real estate professionals considering opportunities in the region. For builders and insurance agents, the rising incomes might indicate a stronger market for higher-end properties and associated services.
Average State and Local Income Taxes Per Tax Return in Kittitas County, WA Over the Last 10 Years
Over the last decade, average state and local income taxes per tax return in Kittitas County, Washington, have shown significant volatility. Starting at $5,068.75 in 2012, the amount experienced considerable fluctuations, peaking at $23,836.36 in 2021. This dramatic increase could potentially be indicative of rising incomes or changes in taxation policies, affecting both current and prospective residents. For investors, real estate agents, and property developers, understanding these fiscal dynamics is crucial as it can impact property values and market trends. Insurers and appraisers might also find this relevant when assessing risk and the financial landscape.
Average Total Tax Liability Per Tax Return in Kittitas County, WA Over the Last 10 Years
Over the last decade, Kittitas County, Washington has seen a notable increase in the average total tax liability per tax return. Starting from $8,088.66 in 2012, there's been a consistent upward trend, reaching $16,386.51 in 2021. This roughly doubling of tax liability hints at an economic upswing and growing affluence in the region, making it a potentially attractive area for investors and real estate professionals. However, for current and prospective homeowners, such increases could affect overall affordability and the economic feasibility of moving or expanding property holdings in the county.
Cost of Living in Kittitas County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,819 | $1,717 | $1,564 | $1,733 | $1,299 |
| 1 adult 4 children | $1,819 | $1,402 | $1,211 | $1,733 | $1,476 |
| 2 adults 3 children | $1,819 | $1,403 | $1,349 | $1,733 | $1,072 |
| 1 adult 3 children | $1,819 | $1,145 | $997 | $1,733 | $1,253 |
| 2 adults 2 children | $1,280 | $1,148 | $1,134 | $1,509 | $815 |
| 1 adult 2 children | $1,280 | $858 | $782 | $1,509 | $857 |
| 2 adults 1 child | $1,280 | $908 | $919 | $781 | $743 |
| 1 adult 1 child | $1,280 | $586 | $567 | $781 | $641 |
| 2 adults | $972 | $729 | $705 | $0 | $576 |
| 1 adult | $856 | $398 | $352 | $0 | $488 |
Safety trends & Data
Kittitas County, Washington has experienced fluctuating property crime rates over the last five years, with larceny-theft peaking at 147.00 incidents in 2022 and burglary showing a volatile pattern, hitting 30.00 incidents in 2021 before slightly declining. Vehicle theft, though low, doubled from 2018 to 2021. Less common crimes like arson and embezzlement also saw occasional spikes. These trends can inform investors, residents, and real estate professionals about localized risks and safety... Read more
Property Crime Trends in Kittitas County, WA Over the Last 5 Years
Kittitas County, Washington has seen fluctuating property crime rates over the past five years with a notable rise in certain types. Larceny-Theft has consistently been the most frequent crime, with a peak of 147.00 incidents in 2022. Burglary incidents saw an up-and-down pattern, increasing to 30.00 in 2021 before dropping slightly. Vehicle theft stayed relatively low yet doubled between 2018 and 2021. Less common crimes like arson, embezzlement, and counterfeiting had occasional spikes. These insights can help potential investors, residents, and real estate professionals understand localized risks and safety trends.
Demographics
The demographic landscape of Kittitas County, Washington appears to reveal a nearly even split between male and female adults. When it comes to educational attainment, a significant portion of the population holds at least a high school diploma, with a notable number pursuing higher education degrees up to the graduate level. Age distribution reflects a younger demographic, prominently from 20 to 34 years, which could imply a vibrant student or young workforce. The racial makeup is... Read more
Race Distribution in Kittitas County, Washington (2022)
Educational Attainment in Kittitas County, Washington (2022)
Age Distribution in Kittitas County, Washington
Citizen Population in Kittitas County, Washington (2022)
Political Trends & Data
Kittitas County in Washington might lean Republican according to the 2020 U.S. Presidential Election, with 53.5% of votes for the Republican candidate and 43.3% for the Democratic candidate. This suggests a notable Democratic presence, possibly reflecting diverse political views in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Kittitas County in Washington may lean Republican based on the 2020 U.S. Presidential Election results, with approximately 53.5% of the votes going to the Republican candidate. The Democratic candidate received around 43.3% of the total votes, while third-party candidates, including Libertarian and Green parties, garnered minimal support. This distribution could suggest that while there is a strong Republican presence, a significant Democratic electorate is also present, potentially indicating diverse political views within the county.
53.50% of voters voted for the Republican party in the 2020 Presidential Election
43.32% of voters voted for the Democrat party in the 2020 Presidential Election
2.05% of voters voted for the Livertarian party in the 2020 Presidential Election
0.38% of voters voted for the Green party in the 2020 Presidential Election
0.75% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Kittitas County, Washington, the student-to-teacher ratio has been trending upwards, peaking at 21:1 in 2023, compared to the national average of 14:1. This could suggest overcrowded classrooms, potentially affecting education quality. Families moving to the area, real estate agents, appraisers, and insurance agents should take note of this as it may influence property values and community appeal. Investors might also see an opportunity for private schooling options, given the higher... Read more
Student-to-teacher ratio in Kittitas County, Washington over the last 9 years
The student-to-teacher ratio in Kittitas County, Washington has shown a general upward trend over the past nine years, peaking at approximately 21 in 2023. When compared to the national average of 14 students per teacher, Kittitas County's ratios have consistently been higher. This trend may imply increased overcrowding in classrooms and could affect the quality of education, making it a critical consideration for families planning to move to the area and for real estate agents targeting these households. Likewise, appraisers and insurance agents should consider these educational factors as they can impact property values and community attractiveness. Investors looking to build or purchase property might also see this as a signal to assess the demand for private schooling options, which could thrive under such circumstances.
