Whitman County Real Estate and Livability Trends
Whitman County, Washington, has seen a notable rise in average taxable income per tax return from $52,992.78 in 2013 to $73,561.16 in 2021, hinting at economic vitality that draws both developers and investors. Median home values surged to $298,500 in 2022, remaining more affordable than the statewide median of $473,400. Real estate taxes nearly doubled to $5,091.43 by 2021, potentially impacting... Read more
Whitman County Market Trends
Whitman County's median home values surged to $298,500 in 2022, suggesting a robust market despite remaining more affordable than the Washington statewide median of $473,400. Residential Energy Tax Credits fluctuated, peaking at $2,800.00 in 2018, reflecting investments in energy-efficient home improvements. Average real estate taxes nearly doubled to $5,091.43 in 2021, signaling potential... Read more
Median Value of Occupied Housing Units in Whitman County, Washington Over the Last 8 Years
Whitman County's median home values have experienced steady growth over the past eight years, culminating in a significant leap to $298,500 in 2022. Despite this increase, homes in Whitman County might still offer a more affordable option compared to the statewide median of $473,400. When compared to the national median of $179,400, Whitman County's latest figures suggest a robust market likely influenced by local factors and proximity to central Washington's amenities. This trend could appeal to those looking to invest in or relocate to an area that balances rising property values with relative affordability.
Residential Energy Tax Credit Per Tax Return in Whitman County, WA Over the Last 9 Years
Whitman County in Washington has seen fluctuating Residential Energy Tax Credits per tax return over the past nine years. Peaks like 2018's substantial $2,800.00 potentially indicate significant investments in energy-efficient home improvements. Other notable years, such as 2017 with a $725.00 average, suggest variable but consistent incentives for energy efficiency. These trends could be of particular interest to real estate agents, investors, and those contemplating property developments, as they reflect the region's evolving focus on sustainability and potential return on eco-friendly home upgrades.
Average Real Estate Taxes Per Tax Return in Whitman County, WA Over the Last 10 Years
Over the past decade, Whitman County, Washington has seen a notable increase in average real estate taxes per tax return, rising from $2,902.48 in 2012 to $5,091.43 in 2021. This growing tax trend may be of interest to potential investors, property developers, and real estate agents as it could impact property values and ownership costs. The significant jumps observed in 2018 and 2020 suggest periods of reassessment or shifts in local fiscal policy, which insurance agents and appraisers might also find noteworthy for adjusting premiums and appraisals. For current or prospective residents, understanding these changes is crucial for financial planning and gauging long-term living expenses.
Percentage of Farm Returns in Whitman County, WA Over the Last 10 Years
Over the last decade, Whitman County, Washington has seen a gradual decline in the percentage of farm tax returns filed, starting at approximately 3.44% in 2012 and dropping to around 2.97% in 2021. Farm tax returns generally reflect the financial health and activity level of farms, indicating profitability and operational status. This downtrend might suggest a potential shift away from agriculture as a primary economic activity, which could influence decisions for those interested in investing, moving, or building property in the area. Lower farm returns might also hint at changing land use patterns or economic pressures on farming communities.
Number of Mortgages by Occupancy Type in Whitman County, WA Over the Last 5 Years in Whitman County
In Whitman County, Washington, the number of mortgages for principal residences has generally seen much higher counts compared to investment properties and second residences over the last five years. This indicates a stronger demand for homes meant for permanent living. Interestingly, there has been a notable dip in investment property mortgages from 271 in 2021 to 102 in 2022, which could imply changing investment climates or shifting economic conditions. Second residence mortgages have remained consistently low, suggesting limited interest in vacation or secondary homes. These trends matter for investors, developers, and real estate agents as they signal where the market demand lies and potential risk areas, impacting lending decisions, property values, and future development projects.
Economic Outlook
Whitman County, Washington has experienced a consistent rise in average taxable income per tax return, jumping from $52,992.78 in 2013 to $73,561.16 in 2021. This trend hints at burgeoning economic vitality, attracting developers and investors eyeing a robust local market. State and local income taxes have also climbed, peaking at $7,450.00 in 2020 before a dip to $6,407.14 in 2021, signaling strong regional economic activity but also higher public spending. The average total tax liability per... Read more
Average Taxable Income per Tax Return in Whitman County, WA over the last 9 years
Whitman County, Washington has seen a steady increase in average taxable income per tax return over the past nine years, rising from $52,992.78 in 2013 to $73,561.16 in 2021. This upward trend may suggest a growing economic vitality in the area, potentially attracting investors and individuals looking to capitalize on a robust local economy. For appraisers and insurance agents, this trend indicates possibly heightened property values and insurance premiums. Real estate agents and developers might see this as an opportunity to promote new housing projects to prospective buyers who are witnessing rising incomes in the region.
Average State and Local Income Taxes Per Tax Return in Whitman County, WA Over the Last 10 Years
Whitman County, Washington, has seen a notable upward trend in state and local income taxes per tax return over the past decade. Starting at $4,085.71 in 2012, the taxes have generally escalated, peaking at $7,450.00 in 2020 before a slight decrease to $6,407.14 in 2021. The consistently high taxes in recent years could indicate a stronger local economy or increased public spending, presenting both opportunities and challenges for potential investors, property developers, and current residents.
Average Total Tax Liability Per Tax Return in Whitman County, WA Over the Last 10 Years
Whitman County, Washington has seen a fluctuating yet generally increasing trend in the average total tax liability per tax return over the last decade, with a notable rise from $9,165.98 in 2012 to $11,454.36 in 2021. This pattern might indicate economic growth and rising incomes, potentially making the region more appealing for investors and property developers. Real estate agents could view this as a sign of a robust housing market, while appraisers and insurance agents might see increased property values and the need for adjusted premiums. For those considering moving to or investing in the area, this data suggests economic vitality but also a growing tax burden.
Cost of Living in Whitman County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,509 | $1,609 | $1,589 | $1,579 | $1,047 |
| 1 adult 4 children | $1,509 | $1,314 | $1,231 | $1,579 | $1,208 |
| 2 adults 3 children | $1,509 | $1,314 | $1,371 | $1,579 | $861 |
| 1 adult 3 children | $1,509 | $1,073 | $1,013 | $1,579 | $990 |
| 2 adults 2 children | $1,062 | $1,076 | $1,153 | $1,379 | $686 |
| 1 adult 2 children | $1,062 | $804 | $795 | $1,379 | $673 |
| 2 adults 1 child | $1,062 | $850 | $935 | $728 | $642 |
| 1 adult 1 child | $1,062 | $549 | $576 | $728 | $537 |
| 2 adults | $813 | $683 | $716 | $0 | $507 |
| 1 adult | $714 | $373 | $358 | $0 | $430 |
Safety trends & Data
Whitman County, Washington has seen fluctuating property crime trends over the last five years, with larceny-theft peaking at 121 incidents in 2018 and stabilizing around 97 incidents in 2022. Burglary incidents reached a peak of 24 in 2022, while vandalism varied between 20-37 cases annually. Motor vehicle theft and arson remained low but steady, and niche crimes like embezzlement and forgery had minimal impacts. This nuanced landscape could guide targeted crime prevention efforts for... Read more
Property Crime Trends in Whitman County, WA Over the Last 5 Years
Property crime trends in Whitman County, Washington over the last five years show a notable degree of fluctuation. Larceny-theft consistently held the highest crime rates, peaking at 121 incidents in 2018 before fluctuating and somewhat stabilizing with 97 incidents in 2022. Burglary and vandalism have also seen notable numbers, with burglary incidents peaking at 24 in 2022 and vandalism incidents variably hovering around 20-37 cases annually. Motor vehicle theft and arson displayed low but consistent occurrences, while niche crimes like embezzlement and forgery had negligible impacts. These trends provide a nuanced landscape for stakeholders, suggesting areas where crime prevention efforts could be focused.
Demographics
The adult population in Whitman County, Washington skews slightly male but remains relatively balanced between genders. Educational attainment is varied, with a significant portion having completed high school and many possessing higher education degrees. Age distribution shows a noticeable concentration of young adults, particularly those aged 20-24, likely influenced by the presence of a local college or university. The racial makeup is predominantly White, while still showing some diversity... Read more
Race Distribution in Whitman County, Washington (2022)
Educational Attainment in Whitman County, Washington (2022)
Age Distribution in Whitman County, Washington
Citizen Population in Whitman County, Washington (2022)
Political Trends & Data
Whitman County, Washington shows Democrats potentially leading with about 53% in the 2020 Presidential Election, while Republicans may have around 43%. With minor parties like Libertarians and Greens possibly gathering roughly 3% and 1% of the vote, the political landscape suggests a variety of affiliations despite the dominance of the two major parties. This diversity in voting patterns could influence local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Whitman County in Washington appeared to lean slightly Democratic in the 2020 U.S. Presidential Election, with Democrats potentially securing around 53% of the vote compared to approximately 43% for Republicans. Minor parties like the Libertarians and Greens might have played a smaller role, possibly capturing around 3% and 1% of votes respectively. This could possibly indicate a diverse spectrum of political affiliations within the county, even though the two major parties dominated the scene.
42.92% of voters voted for the Republican party in the 2020 Presidential Election
52.94% of voters voted for the Democrat party in the 2020 Presidential Election
2.60% of voters voted for the Livertarian party in the 2020 Presidential Election
0.61% of voters voted for the Green party in the 2020 Presidential Election
0.94% of voters voted for the Other party in the 2020 Presidential Election
School Data
Whitman County, Washington, has consistently boasted a student-to-teacher ratio below the national average of 14:1 over the past nine years, starting at 10:1 in 2015 and peaking at 13:1 in 2020. This lower ratio suggests students may receive more individualized attention, which real estate investors and potential residents might find appealing. Properties in areas with lower student-to-teacher ratios often correspond with higher educational quality, potentially bolstering property values and... Read more
Student-to-teacher ratio in Whitman County, Washington over the last 9 years
Whitman County, Washington has maintained a student-to-teacher ratio that trends below the national average of 14 students per teacher over the last nine years. Starting at 10 students per teacher in 2015, the ratio experienced some fluctuations, peaking at 13 in 2020. This relatively lower ratio indicates that students in Whitman County might receive more individualized attention compared to other areas. Real estate investors and those looking to move could find this especially appealing as it often correlates with higher educational quality. Appraisers and insurance agents might also note that properties in areas with lower student-to-teacher ratios could hold their value better, attributing to a strong community draw driven by the local education system.
