Wahkiakum County Real Estate and Livability Trends
In Wahkiakum County, Washington, average taxable income has climbed from $49,684.97 in 2013 to $71,588.46 in 2021, reflecting economic growth likely to boost investment attractiveness. Median home values have similarly surged from $178,400 in 2015 to $319,100 in 2022, surpassing both state and national trends. Property tax liabilities have risen in tandem, peaking at $4,684.62 in 2020, possibly... Read more
Wahkiakum County Market Trends
Wahkiakum County, Washington has experienced a remarkable rise in median home values from $178,400 in 2015 to $319,100 in 2022, outpacing both state and national trends. The average residential energy tax credit per tax return showed a significant spike to $900.00 in 2021, potentially signaling increased investments in energy-efficient home improvements. Average real estate taxes per tax return... Read more
Median Value of Occupied Housing Units in Wahkiakum County, Washington Over the Last 8 Years
Wahkiakum County, Washington has seen an impressive surge in median home values over the last eight years, rising from $178,400 in 2015 to $319,100 in 2022. This outpaces both state and national trends, as Washington's median value grew from $259,500 to $473,400, and the national median increased from $125,500 to $179,400 during the same period. For prospective investors and residents, Wahkiakum's robust growth might suggest strong local demand and solid investment potential, even though it remains more affordable than broader state averages.
Residential Energy Tax Credit Per Tax Return in Wahkiakum County, WA Over the Last 4 Years
Wahkiakum County, Washington has seen significant fluctuations in the average residential energy tax credit per tax return over the past few years, with a noticeable spike to $900.00 in 2021. This trend could hint at increased investments in energy-efficient home improvements or changes in available tax incentives. Such variability might catch the interest of property developers, insurance agents, and real estate investors looking to capitalize on local tax benefits and energy-saving upgrades. Residents and potential movers might also be influenced by these incentives when considering home upgrades or purchasing decisions.
Average Real Estate Taxes Per Tax Return in Wahkiakum County, WA Over the Last 10 Years
Over the past decade, Wahkiakum County, Washington has experienced a noticeable rise in average real estate taxes per tax return, starting from $2,767.44 in 2012 to a peak of $4,684.62 in 2020, before slightly dropping to $4,158.33 in 2021. Notably, a sharp increase occurred between 2017 and 2018, where the average taxes jumped from $2,995.45 to $4,186.67. This trend likely reflects broader market dynamics, potential property value appreciation, and perhaps changes in local tax policies, making it crucial for potential investors and homeowners to monitor. This data is particularly relevant for real estate professionals, appraisers, and insurance agents as it signifies the evolving fiscal landscape they must navigate.
Percentage of Farm Returns in Wahkiakum County, WA Over the Last 10 Years
Wahkiakum County, Washington has seen fluctuations in the percentage of farm tax returns over the past decade, hovering generally between 4.33% and 5.78%. The highest point was in 2013 at approximately 5.78%, while the lowest was in 2020 at about 3.99%. Farm tax returns can provide insight into the agricultural health and investment opportunities within the county, indicating how the farming economy is performing and potentially influencing property values and business prospects in the region. For those looking to invest in or move to Wahkiakum County, these figures suggest a modest but enduring agricultural presence, which could be beneficial for supporting local food systems and rural business ventures.
Number of Mortgages by Occupancy Type in Wahkiakum County, WA Over the Last 5 Years in Wahkiakum County
In Wahkiakum County, Washington, the mortgage trends over the past five years show a dominant preference for principal residences, with notable peaks in 2020 and 2021. Slight fluctuations are observed in both investment properties and second residences, often rising in line with shifts in the housing market and interest rates. Changes in occupancy types can significantly impact local economies, tax revenues, and community dynamics. For investors, more mortgages for principal residences may indicate stable long-term demand. Real estate agents and appraisers might find that understanding these shifts helps tailor their strategies and valuations respectively, while policy-makers and insurance agents could adjust their approaches based on these patterns for improved services and community planning.
Economic Outlook
Average taxable income in Wahkiakum County, Washington has risen steadily from $49,684.97 in 2013 to $71,588.46 in 2021, signaling economic growth that could boost investment and attract new residents. This trend might be particularly appealing to real estate agents and property developers, as it indicates increasing local buying power. Additionally, average state and local income taxes have increased from $3,900.00 in 2012 to $6,750.00 in 2021, with a significant peak in 2018 suggesting... Read more
Average Taxable Income per Tax Return in Wahkiakum County, WA over the last 9 years
Average taxable income per tax return in Wahkiakum County, Washington has shown a general upward trend over the past nine years, beginning at $49,684.97 in 2013 and reaching $71,588.46 in 2021. This steady increase suggests a growing economic prosperity that could potentially enhance investment opportunities and attract new residents. Real estate agents and property developers might find this trend particularly encouraging as it indicates a generally stable and possibly rising local buying power. Additionally, appraisors and insurance agents may want to factor in this income growth when evaluating property values and insurance premiums.
Average State and Local Income Taxes Per Tax Return in Wahkiakum County, WA Over the Last 10 Years
Over the last decade, Wahkiakum County, Washington, has seen fluctuations in state and local income taxes per tax return, with average values growing from $3,900.00 in 2012 to $6,750.00 in 2021. Notably, there was a significant peak in 2018, reaching $8,225.00, which could indicate changes in tax policies or economic conditions impacting the county. This trend is essential for investors, real estate agents, and prospective residents to consider as it may influence financial planning, property values, and overall cost of living in the area.
Average Total Tax Liability Per Tax Return in Wahkiakum County, WA Over the Last 10 Years
In the last decade, Wahkiakum County, Washington, has experienced a notable increase in the average total tax liability per tax return, jumping from approximately $6,749.17 in 2012 to a significant peak of around $10,107.69 in 2021. This upward trend suggests growing wealth or rising incomes among residents, making the area potentially more attractive for investment and real estate development. However, potential investors and buyers should consider the implications of higher tax liabilities on property values and insurance premiums. This shift may reflect broader economic changes in Wahkiakum County, contributing to its evolving financial landscape.
Cost of Living in Wahkiakum County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,397 | $1,524 | $1,569 | $1,734 | $1,089 |
| 1 adult 4 children | $1,397 | $1,245 | $1,216 | $1,734 | $1,271 |
| 2 adults 3 children | $1,397 | $1,245 | $1,354 | $1,734 | $902 |
| 1 adult 3 children | $1,397 | $1,017 | $1,000 | $1,734 | $1,051 |
| 2 adults 2 children | $983 | $1,019 | $1,138 | $1,514 | $722 |
| 1 adult 2 children | $983 | $761 | $785 | $1,514 | $706 |
| 2 adults 1 child | $983 | $806 | $923 | $798 | $648 |
| 1 adult 1 child | $983 | $520 | $569 | $798 | $556 |
| 2 adults | $774 | $647 | $707 | $0 | $517 |
| 1 adult | $657 | $353 | $354 | $0 | $431 |
Safety trends & Data
Property crime in Wahkiakum County, Washington, has shown fluctuating trends over the past five years with noticeable stability in some areas. Burglary incidents peaked at 2.00 in 2019 but have otherwise remained low. Vandalism is sporadic yet consistent, averaging 1-2 incidents annually. Arson was only recorded in 2020 with 2.00 cases. Although property crime exists, it's manageable, which could appeal to potential residents or investors seeking a quieter, low-crime... Read more
Property Crime Trends in Wahkiakum County, WA Over the Last 5 Years
Property crime in Wahkiakum County, Washington, has shown fluctuating trends over the past five years with noticeable stability in some areas. For instance, incidents of burglary have remained relatively low, peaking at 2.00 occurrences in 2019 and settling back to 1.00 afterward. Vandalism appears sporadic, but consistent, maintaining an average of 1-2 incidents each year. Meanwhile, arson was only recorded in 2020 with 2.00 cases, indicating it's not a frequent issue. Although property crime exists, the numbers suggest that it's manageable, which could appeal to potential residents or investors seeking a quieter, low-crime environment.
Demographics
Wahkiakum County, Washington tends to have a slightly higher population of females compared to males. Over half of the adult residents have completed some form of college education, while high school graduates and those with some college but no degree make up significant portions of the population. There's a considerable number of residents aged 55 and up, indicating a predominant older population. The vast majority of residents identify as White, with other races making up a relatively small... Read more
Race Distribution in Wahkiakum County, Washington (2022)
Educational Attainment in Wahkiakum County, Washington (2022)
Age Distribution in Wahkiakum County, Washington
Citizen Population in Wahkiakum County, Washington (2022)
Political Trends & Data
Wahkiakum County, Washington, exhibited a pronounced Republican preference in the 2020 U.S. Presidential Election, hinting at a moderately conservative voter base. Democrats received considerable support but lagged behind Republicans, while minor parties like the Libertarians and Greens barely made an impact. This political behavior could signal a steady and predictable electoral environment in the county, potentially influencing local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Wahkiakum County, Washington, saw a notable leaning towards the Republican party in the 2020 U.S. Presidential Election, potentially reflecting a moderately conservative stance. Democrats garnered significant support, though they were still markedly behind the Republicans. Minor parties like the Libertarians and Greens, along with other smaller entities, only captured a small fraction of the vote, suggesting a primary focus on the two major parties among voters. This dynamic might indicate a relatively stable political landscape with predictable party preferences.
58.40% of voters voted for the Republican party in the 2020 Presidential Election
39.08% of voters voted for the Democrat party in the 2020 Presidential Election
1.51% of voters voted for the Livertarian party in the 2020 Presidential Election
0.64% of voters voted for the Green party in the 2020 Presidential Election
0.37% of voters voted for the Other party in the 2020 Presidential Election
School Data
Wahkiakum County, Washington's student-to-teacher ratio has ranged between 16 to 20 students per teacher over the last nine years, consistently topping the national average of 14. In 2020, it peaked at 20, hinting at larger class sizes which may affect personalized learning and impact decisions of new residents considering a move. Investors and real estate developers might find these trends useful when assessing the locality’s educational environment and its broader community... Read more
Student-to-teacher ratio in Wahkiakum County, Washington over the last 9 years
Wahkiakum County, Washington has seen fluctuations in its student-to-teacher ratio over the last nine years, varying between approximately 16 to 20 students per teacher. The county consistently stays above the national average of 14 students per teacher, peaking at 20 in 2020. Higher ratios might indicate larger class sizes, impacting personalized learning, potentially influencing new residents' decisions on moving to the area. For investors, real estate agents, and those looking to develop property, understanding these trends could offer insights into the local educational environment’s dynamics and its influence on the community.
