Stevens County Real Estate and Livability Trends
Stevens County, Washington's real estate market exhibits some compelling trends. Median home values have surged from $172,600 in 2015 to $277,300 in 2022, making the area increasingly appealing to those seeking affordability in the state. At the same time, average residential energy tax credits hit a peak of $4,257.14 in 2018, likely due to investments in energy-efficient home improvements. Real... Read more
Stevens County Market Trends
Stevens County, Washington has experienced a notable rise in median home values, climbing from $172,600 in 2015 to $277,300 in 2022, outpacing the national trend but still trailing statewide growth. This makes the area potentially more appealing to those seeking affordability within Washington. Meanwhile, average residential energy tax credits per tax return surged dramatically, peaking at... Read more
Median Value of Occupied Housing Units in Stevens County, Washington Over the Last 8 Years
Stevens County, Washington has seen an interesting shift in median home values over the last eight years, starting at $172,600 in 2015 and climbing to $277,300 by 2022. This local increase is steeper than the national trend, which moved from $125,500 to $179,400 in the same period. However, it’s noteworthy that Stevens County's growth still trails behind the statewide escalation in Washington, where values surged from $259,500 to $473,400. This suggests Stevens County may offer more affordable opportunities within Washington, potentially making it an attractive spot for investors or new residents seeking relative market stability.
Residential Energy Tax Credit Per Tax Return in Stevens County, WA Over the Last 9 Years
In Stevens County, Washington, average residential energy tax credits per tax return have shown significant volatility over the past nine years. Starting at $505.56 in 2013, there was a consistent upward trend, peaking dramatically in 2018 at $4,257.14. Although values dropped post-2018, they remained higher than earlier years, with 2021 seeing an average of $1,416.67. These fluctuations suggest increasing investment in energy-efficient home improvements. For real estate agents, homebuyers, and appraisers, this could indicate higher home values due to enhanced energy-efficiency measures. Insurance agents might take note of potential decreased risk and costs associated with these upgrades.
Average Real Estate Taxes Per Tax Return in Stevens County, WA Over the Last 10 Years
Over the past decade, Stevens County, Washington has seen real estate taxes per tax return rise from approximately $2,596.79 in 2012 to $3,977.22 in 2021, with a notable peak in 2020 reaching $4,386.42. This upward trend, especially significant from 2017 onward, suggests a possible increase in property values or tax rates that might be of interest to real estate investors and appraisers. For those considering moving to or building in Stevens County, this trend could imply a higher cost of living, influencing overall affordability and budget planning.
Percentage of Farm Returns in Stevens County, WA Over the Last 10 Years
Farm tax returns in Stevens County, Washington have shown a general downward trend over the last decade, dipping from approximately 4.76% in 2012 to about 3.69% in 2021. This could suggest a decrease in farming activities or profitability, which might be of interest to investors or those considering agricultural pursuits in the area. For those looking to build or move to Stevens County, this shift might imply a changing economic landscape possibly leaning away from traditional farming.
Number of Mortgages by Occupancy Type in Stevens County, WA Over the Last 5 Years in Stevens County
Over the last five years, Stevens County, Washington has seen a noteworthy fluctuation in mortgage counts across different occupancy types. Principal residences dominate the mortgage market, showing significant peaks in 2020 and 2021, with counts reaching over 3,400 and 3,600, respectively. Investment properties and second residences maintain much lower, but relatively stable, numbers, often aligning just above 50 and in the mid-100s range. This shift in occupancy types can provide various insights; for instance, a surge in principal residence mortgages could indicate a growing population, while the steady investment property numbers might suggest stable, but cautious, investor confidence. Flooding trends in principal homes could impact everything from local real estate prices to insurance premiums, affecting potential residents and investors differently and offering crucial implications for future development strategies in Stevens County.
Economic Outlook
Stevens County, Washington has seen a striking rise in average taxable income per tax return, climbing from $46,882.01 in 2013 to $68,745.12 by 2021. This trend might indicate growing economic stability or rising incomes, making the area more appealing to investors and homebuyers. Additionally, fluctuations in average state and local income taxes, which peaked at $10,177.78 in 2020, suggest varying local economic conditions, potentially influenced by tax policy changes or demographic shifts.... Read more
Average Taxable Income per Tax Return in Stevens County, WA over the last 9 years
Stevens County, Washington has seen a noteworthy upward trend in average taxable income per tax return over the past nine years. Starting at $46,882.01 in 2013, the average climbed steadily to $68,745.12 by 2021. This suggests growing economic stability or rising incomes in the area, potentially increasing the county's attractiveness to investors, prospective homeowners, and real estate professionals. This increase could also have implications for property valuations and insurance premiums.
Average State and Local Income Taxes Per Tax Return in Stevens County, WA Over the Last 10 Years
In the past decade, Stevens County, Washington saw a notable fluctuation in average state and local income taxes per tax return, with figures starting at $3,482.14 in 2012 and peaking at $10,177.78 in 2020. This upward trend reached a maximum in 2020, highlighting a period where tax returns recorded their highest values. Such significant variations could indicate shifts in local economic conditions, tax policy changes, or population demographics. These factors are essential for investors, real estate agents, and anyone considering moving or doing business in the county, as they influence financial planning, property appraisals, and overall economic strategy.
Average Total Tax Liability Per Tax Return in Stevens County, WA Over the Last 10 Years
Over the past decade, Stevens County, Washington has seen fluctuations in average total tax liability per tax return, with notable increases especially in recent years. Starting from $6,211.88 in 2012, the tax liability has exhibited an overall upward trend, peaking significantly at $9,842.11 in 2021. This rise suggests a growing economic burden on residents, which might be indicative of increasing property values or higher income levels within the county. Such data could be useful for investors, real estate agents, and insurance agents to assess the economic climate and fiscal health of the area. The year-to-year changes may also impact appraisals and planning for new property developments.
Cost of Living in Stevens County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,322 | $1,464 | $1,514 | $1,836 | $1,049 |
| 1 adult 4 children | $1,322 | $1,195 | $1,169 | $1,836 | $1,232 |
| 2 adults 3 children | $1,322 | $1,196 | $1,308 | $1,836 | $873 |
| 1 adult 3 children | $1,322 | $976 | $963 | $1,836 | $1,024 |
| 2 adults 2 children | $930 | $979 | $1,103 | $1,595 | $708 |
| 1 adult 2 children | $930 | $731 | $757 | $1,595 | $697 |
| 2 adults 1 child | $930 | $774 | $897 | $810 | $627 |
| 1 adult 1 child | $930 | $500 | $551 | $810 | $544 |
| 2 adults | $711 | $622 | $691 | $0 | $499 |
| 1 adult | $636 | $339 | $346 | $0 | $435 |
Safety trends & Data
Stevens County, Washington, has experienced variable property crime trends over the last five years, with larceny-theft peaking notably at 28.0 instances in 2018 before stabilizing between 10.0-17.0 cases yearly. Despite a reduction in burglary incidents, there was another rise by 2022, matching the 2018 figures. Fluctuations in motor vehicle thefts, spikes in vandalism, and occasional increases in fraud contribute to the overall property crime landscape. This variability is important for... Read more
Property Crime Trends in Stevens County, WA Over the Last 5 Years
Stevens County, Washington, has seen fluctuating property crime trends over the last five years, with notable spikes in vandalism and larceny-theft cases. Larceny-theft had a substantial presence, peaking at 28.0 instances in 2018 before declining and stabilizing around 10.0-17.0 cases annually. Burglary incidents somewhat decreased over time but witnessed another rise by 2022, matching the 2018 figures. An increase in motor vehicle thefts is discernible in certain years, along with occasional spikes in fraud and cases of stolen property. For investors, real estate agents, and appraisers, comprehending these variations can be critical when assessing property values and the overall safety of the region.
Demographics
Stevens County, Washington, shows a nearly equal gender distribution among its adult population, with males only slightly fewer in number than females. The educational attainment data suggests a substantial portion of the population has achieved at least a high school diploma, though a smaller percentage holds a bachelor's or higher degree. Age distribution reveals a higher concentration of residents in the 55 to 64 years and 65 to 74 years age brackets, potentially indicating an aging... Read more
Race Distribution in Stevens County, Washington (2022)
Educational Attainment in Stevens County, Washington (2022)
Age Distribution in Stevens County, Washington
Citizen Population in Stevens County, Washington (2022)
Political Trends & Data
In Stevens County, Washington, the 2020 U.S. Presidential Election showcased a strong Republican lean, with GOP support around 69.7% and Democratic votes at approximately 27.6%. Libertarian and Green party votes were minimal, hovering around 1.9% and 0.3%, indicating a clear preference for the two major parties, with third-party influence almost... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
During the 2020 U.S. Presidential Election in Stevens County, Washington, Republican votes appeared to dominate at approximately 69.7%, with Democratic support trailing at around 27.6%. Libertarian and Green party support were notably marginal, accounting for close to 1.9% and 0.3% respectively. The presence of 'Other' votes was minimal, suggesting that third-party or independent candidates had little impact in this county.
69.67% of voters voted for the Republican party in the 2020 Presidential Election
27.57% of voters voted for the Democrat party in the 2020 Presidential Election
1.85% of voters voted for the Livertarian party in the 2020 Presidential Election
0.27% of voters voted for the Green party in the 2020 Presidential Election
0.63% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past nine years, Stevens County, Washington, has seen its student-to-teacher ratios fluctuate dramatically, with peaks reaching 52 in 2020 and 30 in 2023, much higher than the national average of fourteen. These variations could potentially influence property values and are a crucial factor for investors and real estate agents to consider. High ratios might signify overcrowded classrooms, affecting education quality and subsequently the area's real estate... Read more
Student-to-teacher ratio in Stevens County, Washington over the last 9 years
Over the last nine years, Stevens County, Washington's student-to-teacher ratio has shown significant fluctuation. Most notably, the ratio skyrocketed to 52 in 2020, far exceeding the U.S. national average of fourteen and remained elevated at 32 in 2021 before dropping to 18 in 2022, and then jumping again to 30 in 2023. These extreme variances in student-to-teacher ratios could potentially impact property values and desirability for families considering a move to the area, making it a pivotal factor for investors, real estate agents, and those involved in educational planning to monitor. High ratios might indicate overcrowded classrooms, which can affect education quality and, in turn, influence the local real estate market.
