Pacific County Real Estate and Livability Trends
Pacific County, Washington has seen a notable rise in average taxable income, from $46,440.93 in 2013 to $69,941.73 in 2021, indicating possible economic growth which could attract investors. However, rising state and local income taxes, up from $5,085.19 in 2012 to $10,157.14 in 2021, might deter some buyers. Median home values similarly surged from $156,200 in 2015 to $252,100 in 2022, even... Read more
Pacific County Market Trends
In Pacific County, Washington, median home values have surged from $156,200 in 2015 to $252,100 in 2022, far outpacing the national median increase but still trailing the broader state median. The residential energy tax credit per tax return saw significant fluctuations, peaking at $4,650.00 in 2018, hinting at evolving energy efficiency incentives. Real estate taxes per return also rose sharply,... Read more
Median Value of Occupied Housing Units in Pacific County, Washington Over the Last 8 Years
In Pacific County, Washington, median home values have surged significantly over the last eight years, jumping from $156,200 in 2015 to $252,100 in 2022. This sharp rise outpaces the national median, which climbed from $125,500 to $179,400 over the same period, and still lags behind the broader Washington state median, which saw values increase from $259,500 to $473,400. For potential investors and those considering a move, this trend suggests strong local market growth with opportunities contrasted by the more rapid appreciation seen in other areas of the state.
Residential Energy Tax Credit Per Tax Return in Pacific County, WA Over the Last 9 Years
Over the past nine years in Pacific County, Washington, the residential energy tax credit per tax return has shown significant fluctuations. Starting from $269.23 in 2013, it saw a steady increase, peaking dramatically at $4,650.00 in 2018, before settling at $1,230.77 in 2021. This variability may indicate changing energy policies or varying levels of investment in energy-efficient residential upgrades. For investors, appraisers, and real estate professionals, these trends might hint at growing consumer awareness and investment in energy efficiency, potentially impacting property values and market dynamics.
Average Real Estate Taxes Per Tax Return in Pacific County, WA Over the Last 10 Years
Over the past decade, Pacific County, Washington has experienced a notable increase in average real estate taxes per tax return, rising from $3,185.13 in 2012 to a peak of $5,140.00 in 2020 before slightly decreasing to $4,877.36 in 2021. This upward trajectory, particularly the significant jump seen between 2017 and 2018, may suggest increasing property values or changes in local tax policies. Such trends are crucial for potential investors, property developers, and current homeowners, highlighting a potentially appreciating real estate market but also indicating higher costs of property ownership in the area.
Percentage of Farm Returns in Pacific County, WA Over the Last 10 Years
Farm tax returns in Pacific County, Washington have demonstrated a somewhat steady decline over the past ten years, dipping from roughly 4.12% in 2012 to around 3.37% in 2021. This trend could be linked to various economic or environmental factors affecting the agricultural sector in the region. For investors or individuals looking to move or build property in Pacific County, this downward shift in farm returns might suggest changes in the viability or profitability of farming, potentially impacting land use and property values. It's essential to consider this data when making decisions related to agricultural investments or developments in this area.
Number of Mortgages by Occupancy Type in Pacific County, WA Over the Last 5 Years in Pacific County
Over the past five years in Pacific County, Washington, mortgage counts indicate some notable trends in occupancy types. While principal residences consistently dominate the market, fluctuations in the numbers hint at evolving preferences. For instance, 2021 saw a spike to 1,962 mortgages for principal residences, but this dropped significantly to 1,208 in 2022. Investment property and second residence mortgages show smaller yet varied activity, with investment properties peaking at 105 in 2021 but dropping to 97 the following year. Changes in occupancy type can signal shifts in economic viability, with potential implications for future property valuations, insurance policies, and investment strategies. These trends may be particularly relevant for those considering real estate investments, moving plans, or assessing the market as professionals in the field.
Economic Outlook
Pacific County, Washington has observed a consistent rise in average taxable income per tax return from $46,440.93 in 2013 to $69,941.73 by 2021, which could signal economic growth making the area enticing for investors and those moving in. With average state and local income taxes rising from $5,085.19 in 2012 to $10,157.14 in 2021, particularly surging between 2017 and 2019, potential buyers might feel the increasing financial burden. The average total tax liability has also grown from... Read more
Average Taxable Income per Tax Return in Pacific County, WA over the last 9 years
Over the past nine years, Pacific County, Washington has seen a notable increase in average taxable income per tax return. In 2013, the average stood around $46,440.93 and grew steadily each year, peaking at approximately $69,941.73 by 2021. This upward trend suggests potential economic growth in the area, capturing the interest of investors and those looking to relocate. Real estate professionals might find this data indicative of rising property values, while financial appraisers and insurance agents might consider its implications for future market conditions.
Average State and Local Income Taxes Per Tax Return in Pacific County, WA Over the Last 10 Years
Over the last decade, Pacific County, Washington has seen a notable rise in average state and local income taxes per tax return. The trend shows an increase from approximately $5,085.19 in 2012 to around $10,157.14 in 2021. Spikes were particularly significant between 2017 and 2019, suggesting potential changes in local economic conditions or tax policy. For those considering investments or property development in the region, this upward trend could imply a growing financial burden on taxpayers, which may affect disposable income levels and, consequently, the real estate market dynamics.
Average Total Tax Liability Per Tax Return in Pacific County, WA Over the Last 10 Years
Over the past decade, Pacific County, Washington has exhibited a steadily increasing trend in the average total tax liability per tax return, with notable milestones. Starting at around $6,409.26 in 2012, the figure escalated to $10,504.06 by 2021. This general upward shift, punctuated by occasional fluctuations, suggests a growing tax burden that prospective investors, new residents, and real estate stakeholders might want to consider. Such rising liabilities could reflect broader economic dynamics or changes in local fiscal policies, impacting property values and living costs.
Cost of Living in Pacific County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,434 | $1,444 | $1,569 | $1,734 | $1,045 |
| 1 adult 4 children | $1,434 | $1,179 | $1,216 | $1,734 | $1,223 |
| 2 adults 3 children | $1,434 | $1,179 | $1,354 | $1,734 | $868 |
| 1 adult 3 children | $1,434 | $963 | $1,000 | $1,734 | $1,013 |
| 2 adults 2 children | $1,050 | $965 | $1,138 | $1,514 | $710 |
| 1 adult 2 children | $1,050 | $721 | $785 | $1,514 | $697 |
| 2 adults 1 child | $1,050 | $763 | $923 | $798 | $643 |
| 1 adult 1 child | $1,050 | $493 | $569 | $798 | $557 |
| 2 adults | $798 | $613 | $707 | $0 | $506 |
| 1 adult | $702 | $334 | $354 | $0 | $436 |
Safety trends & Data
Pacific County, Washington has shown fluctuating property crime trends over the past five years, with larceny-theft incidents ranging from 7.0 in 2020 to 21.0 in 2022. Burglary incidents peaked at 14.0 in 2022 after hitting a low of 1.0 in 2021, while vandalism stayed relatively steady, reaching 8.0 incidents in 2022. Motor vehicle thefts were generally low, spiking to 7.0 incidents in 2019 and mostly hovering around 3.0 in other years. These crime trends may influence decisions for potential... Read more
Property Crime Trends in Pacific County, WA Over the Last 5 Years
Pacific County, Washington has seen fluctuating property crime trends over the past five years. Notably, larceny-theft has ranged from 7.0 incidents in 2020 to 21.0 in 2022, reflecting varying levels of petty crime. Burglary incidents also experienced significant variation, peaking at 14.0 in 2022 after hitting a low of 1.0 in 2021. Vandalism remained relatively steady, with a slight increase, reaching 8.0 incidents in 2022. Motor vehicle thefts were fewer and showed minor fluctuations, with a notable increase in 2019 at 7.0 incidents but generally staying around 3.0 in other years. These trends may be of particular interest to potential investors and real estate agents assessing property risk, as well as appraisers and insurance agents evaluating regional crime impacts.
Demographics
Pacific County, Washington has a nearly balanced gender ratio—a pretty even split between males and females. Educational attainment trends reveal that most residents have at least a high school diploma, while a significant number have pursued some college education or hold bachelor's degrees. The age distribution skews older, with a substantial chunk of the population being 55 years and older, which might impact local healthcare and senior services. Racially, the community is predominantly... Read more
Race Distribution in Pacific County, Washington (2022)
Educational Attainment in Pacific County, Washington (2022)
Age Distribution in Pacific County, Washington
Citizen Population in Pacific County, Washington (2022)
Political Trends & Data
Pacific County in Washington State showcased a remarkably close race in the 2020 U.S. Presidential Election, with Republicans holding a narrow lead at 49.4% and Democrats at 48.3%. The Libertarian Party also captured roughly 1.4% of the vote, indicating varied political preferences. This tight competition suggests a dynamic political environment with a potential for shifting... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Pacific County in Washington State exhibited a noteworthy political landscape during the 2020 U.S. Presidential Election. The vote distribution showed a tight competition between Republicans and Democrats, with Republicans slightly leading at approximately 49.4%, followed closely by Democrats at about 48.3%. Minor parties also had a presence, with the Libertarian party capturing around 1.4% of the vote. This close contest and the participation of smaller parties underscore the diverse political views within the county, hinting at a potentially shifting political dynamic.
49.44% of voters voted for the Republican party in the 2020 Presidential Election
48.31% of voters voted for the Democrat party in the 2020 Presidential Election
1.43% of voters voted for the Livertarian party in the 2020 Presidential Election
0.33% of voters voted for the Green party in the 2020 Presidential Election
0.50% of voters voted for the Other party in the 2020 Presidential Election
School Data
Pacific County, Washington has seen significant shifts in its student-to-teacher ratio over the last nine years, with a peak of 37 students per teacher in 2018 and a drop to 14 students per teacher in 2023. This variation, now aligning with the national average, may signal efforts to address past educational disparities or broader systemic responses. For investors, educators, and families, these trends are crucial as they potentially affect educational quality, real estate values, and long-term... Read more
Student-to-teacher ratio in Pacific County, Washington over the last 9 years
Pacific County, Washington has demonstrated significant fluctuations in its student-to-teacher ratio over the past nine years. Peaking at an alarming 37 students per teacher in 2018 and dropping to a more manageable 14 students per teacher in 2023, the ratios have varied widely. Despite these swings, the most recent figure aligns closely with the national average of fourteen students per teacher. This instability and eventual alignment might be indicative of efforts either to rectify past discrepancies or could reflect broader systemic challenges and responses. For investors, educators, and families considering the area, understanding these trends is crucial as they can impact educational quality, real estate values, and long-term community growth.
