Mason County Real Estate and Livability Trends
Mason County, Washington's real estate market has shown notable growth with median home values climbing from $204,300 in 2015 to $340,300 in 2022, outpacing national trends but still below the statewide average of $473,400. Residential energy tax credits spiked to $4,028.57 in 2018, signaling significant investments in energy efficiency. Real estate taxes have risen, averaging up to $5,702.94 in... Read more
Mason County Market Trends
Median home values in Mason County, Washington have surged from $204,300 in 2015 to $340,300 in 2022, outpacing national trends but still trailing the statewide rise to $473,400. Fluctuations in residential energy tax credits, particularly the spike to $4028.57 in 2018, point to significant, albeit intermittent, investments in energy efficiency upgrades. Real estate taxes have also climbed, with... Read more
Median Value of Occupied Housing Units in Mason County, Washington Over the Last 8 Years
Median home values in Mason County, Washington have shown significant growth over the past eight years, jumping from $204,300 in 2015 to $340,300 in 2022. This local increase outpaces the national figures, which started at $125,500 in 2015 and rose to $179,400 in 2022. However, compared to the statewide trend, where values increased from $259,500 to $473,400, Mason County's growth, while substantial, still lags behind the broader Washington state market. These trends are crucial for potential investors, builders, and residents assessing future real estate moves in the area.
Residential Energy Tax Credit Per Tax Return in Mason County, WA Over the Last 9 Years
Mason County, Washington has experienced significant fluctuations in residential energy tax credits per tax return over the past nine years. Notably, 2018 saw a dramatic spike, with an average credit of $4028.57, sharply contrasting with other years that averaged closer to mid-$700s to $1200s. This volatility suggests residents may be making intermittent, substantial investments in energy efficiency upgrades, which could reflect broader trends in renewable energy adoption and policy-driven incentives. For investors, insurer agents, appraisers, and builders, understanding these variations can provide insight into the community's evolving commitment to energy-efficient practices, potentially impacting property values and market dynamics.
Average Real Estate Taxes Per Tax Return in Mason County, WA Over the Last 10 Years
Mason County, Washington has seen a general upward trend in real estate taxes per tax return over the past decade, with notable spikes in recent years. Specifically, the average jumped significantly in 2018 to $5,248.66 and reached as high as $5,702.94 in 2020. This could signal increasing property values or rising tax rates, impacting investors, homeowners, and those looking to enter the housing market. For appraisers and insurance agents, this upward trend might suggest higher property valuations and increased premiums, while real estate agents and potential buyers should be aware of the potential for higher tax liabilities.
Percentage of Farm Returns in Mason County, WA Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Mason County, Washington has shown a slight decrease from approximately 0.78% in 2012 to around 0.55% in 2021. Farm tax returns provide data on income generated through agricultural activities and can be a marker of the local farming economy's growth or decline. For investors or property developers, a decreasing trend might suggest a shifting economic landscape or potential opportunities for new ventures not tied to traditional farming. Potential residents might see this trend as an indicator of changing land use and community focus, hinting at broader economic diversification.
Number of Mortgages by Occupancy Type in Mason County, WA Over the Last 5 Years in Mason County
Over the past five years in Mason County, Washington, the majority of mortgages have been for principal residences, with numbers peaking significantly in 2021. The mortgage counts for investment properties and second residences have remained relatively stable, though lower compared to principal residences. Shifts in the occupancy type of mortgages can indicate changing housing demand and investment opportunities, affecting real estate market dynamics and property valuations. For investors and homebuyers, understanding these patterns can help make informed decisions about property acquisitions, while appraisers and insurance agents may find this data useful for evaluating risk and property values in this area.
Economic Outlook
In Mason County, Washington, the average taxable income per tax return has jumped from about $50,545.65 in 2013 to roughly $75,815.36 by 2021, suggesting a potentially flourishing local economy and possibly higher living standards. Coupled with these income gains, average state and local income taxes have fluctuated but generally ranged from $6,081.48 in 2013 to $7,981.25 in 2021, reflecting possible changes in local economic conditions or tax policies. Additionally, the average total tax... Read more
Average Taxable Income per Tax Return in Mason County, WA over the last 9 years
In Mason County, Washington, the average taxable income per tax return has shown a steady increase over the past nine years. Starting at approximately $50,545.65 in 2013, the figure rose to around $75,815.36 by 2021. This consistent upward trend suggests a growing local economy and potentially higher living standards. For investors, real estate agents, and those looking to move, this upward trajectory might indicate robust economic health and increasing property values. Appraisers and insurance agents could see this as a signal of rising wealth and a corresponding need to adjust valuations and coverage accordingly.
Average State and Local Income Taxes Per Tax Return in Mason County, WA Over the Last 10 Years
Over the past decade, Mason County, Washington has experienced fluctuations in average state and local income taxes per tax return, with figures generally ranging from $6,081.48 in 2013 to $7,981.25 in 2021. Notably, there was a significant rise in 2014 and again in recent years, possibly indicating shifts in local economic conditions or tax policies. These trends could hold implications for potential investors, property developers, and residents evaluating the financial landscape of the county.
Average Total Tax Liability Per Tax Return in Mason County, WA Over the Last 10 Years
In Mason County, Washington, the average total tax liability per tax return has shown a general upward trend over the past decade, with significant increases around the 2017 and 2021 periods. For those looking to invest or relocate, this indicates potentially rising incomes or property values, translating to higher tax liabilities. This data is also valuable for appraisers and insurance agents as it suggests an economic growth trajectory in the area. Real estate agents and builders might find this trend as a sign of a robust housing market. For residents, it highlights the evolving fiscal landscape of the county.
Cost of Living in Mason County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,678 | $1,556 | $1,637 | $1,734 | $1,199 |
| 1 adult 4 children | $1,678 | $1,271 | $1,268 | $1,734 | $1,379 |
| 2 adults 3 children | $1,678 | $1,271 | $1,413 | $1,734 | $995 |
| 1 adult 3 children | $1,678 | $1,038 | $1,043 | $1,734 | $1,162 |
| 2 adults 2 children | $1,181 | $1,041 | $1,188 | $1,514 | $769 |
| 1 adult 2 children | $1,181 | $777 | $819 | $1,514 | $776 |
| 2 adults 1 child | $1,181 | $823 | $963 | $798 | $697 |
| 1 adult 1 child | $1,181 | $531 | $594 | $798 | $604 |
| 2 adults | $1,046 | $661 | $738 | $0 | $589 |
| 1 adult | $790 | $360 | $369 | $0 | $470 |
Safety trends & Data
Mason County, Washington has seen fluctuating property crime trends over the past five years. Larceny-theft peaked in 2020 with 140 incidents but dropped to 98 by 2022, while motor vehicle thefts remained fairly stable, varying between 4 and 14 annually. Vandalism incidents averaged in the mid-20s, with a slight rise to 31 in 2022. These irregular spikes in crimes like burglary and fraud imply varying factors at play, making the area intriguing for investors and real estate agents evaluating... Read more
Property Crime Trends in Mason County, WA Over the Last 5 Years
Mason County, Washington has seen fluctuations in property crime over the past five years, with notable patterns in specific offenses. For instance, while larceny-theft peaked at 140 incidents in 2020, it saw a dip to 98 in 2022. Conversely, motor vehicle thefts remained relatively stable, ranging from 4 to 14 annually. Vandalism numbers hovered around the mid-20s, with a slight uptick to 31 in 2022. The irregular spikes and drops in crimes like burglary and fraud suggest varying factors influencing these trends, making the area interesting for investors and real estate agents assessing the risk landscape and potential insurance costs.
Demographics
Mason County, Washington shows a fairly balanced gender distribution with slightly more males than females in 2022. The educational attainment data suggests a significant portion of the population has completed high school, yet there's a notable drop-off in higher education degrees. Age-wise, the county skews older with substantial populations in the 55 to 64 and 65 to 74 years brackets, indicating potential future needs in senior services and healthcare. The racial makeup is predominantly... Read more
Race Distribution in Mason County, Washington (2022)
Educational Attainment in Mason County, Washington (2022)
Age Distribution in Mason County, Washington
Citizen Population in Mason County, Washington (2022)
Political Trends & Data
Mason County, Washington, had a highly competitive U.S. Presidential Election in 2020, with Republicans capturing just over 50% of the vote and Democrats close behind at 46%. Libertarians drew about 2%, and the Green Party captured around 0.5%, indicating a predominantly two-party race with minor third-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Mason County, Washington saw a close contest in the 2020 U.S. Presidential Election, with Republican candidates receiving just over 50% of the votes, while Democrats trailed slightly behind at approximately 46%. Libertarians garnered around 2%, and Green Party candidates had close to 0.5% of the vote, with a small fraction going to other parties. These figures may suggest a predominantly two-party competition with a notable but relatively minor third-party presence.
50.16% of voters voted for the Republican party in the 2020 Presidential Election
46.29% of voters voted for the Democrat party in the 2020 Presidential Election
2.38% of voters voted for the Livertarian party in the 2020 Presidential Election
0.47% 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
Mason County, Washington has seen notable changes in its student-to-teacher ratio over the past nine years. Starting slightly above the national average at 15 students per teacher in 2015, the ratio peaked at 29 in 2021 before stabilizing at 14 in 2023. These fluctuations could be critical for investors, families planning to move, appraisers, and educational policymakers, as they may reflect shifts in educational resources that impact property values, insurance costs, and the overall quality of... Read more
Student-to-teacher ratio in Mason County, Washington over the last 9 years
Mason County, Washington has experienced significant fluctuations in its student-to-teacher ratio over the past nine years. In 2015, the ratio was slightly above the national average at 15 students per teacher, gradually increasing to peak at 29 students per teacher in 2021. Interestingly, by 2023, the ratio dropped to 14, aligning it better with the national average. These shifts might be pivotal for investors, families considering relocation, appraisers, and those involved in education policy, reflecting underlying changes in educational resources and potentially impacting property values, insurance costs, and quality of education evaluations.
