Oneida County Real Estate and Livability Trends
Oneida County, Idaho has seen rising average taxable incomes, jumping from $32,845.88 in 2013 to $58,715.53 in 2021, hinting at economic growth that might interest investors. Median home values have surged, moving from $132,500 in 2015 to $226,000 in 2022, significantly outpacing national trends but still below Idaho's state median. Residential energy tax credits have fluctuated, likely... Read more
Oneida County Market Trends
Median home values in Oneida County, Idaho, have climbed from $132,500 in 2015 to $226,000 in 2022, significantly outpacing national trends but still trailing behind Idaho's state median of $331,600. The average residential energy tax credit per tax return has fluctuated dramatically, leaping from $166.67 during 2013-2015 to $1,733.33 in 2019 before stabilizing at $1,450.00 in 2021, likely... Read more
Median Value of Occupied Housing Units in Oneida County, Idaho Over the Last 8 Years
Over the last eight years, median home values in Oneida County, Idaho, have shown a noticeable upward trend from $132,500 in 2015 to $226,000 in 2022, reflecting a substantial growth rate. In comparison, Idaho's state median home value for 2022 sits significantly higher at $331,600, while the national median value is lower at $179,400. This data suggests that Oneida County offers more affordable housing options than the state average while still experiencing robust appreciation over time, making it an appealing prospect for potential homebuyers and investors seeking long-term value.
Residential Energy Tax Credit Per Tax Return in Oneida County, ID Over the Last 7 Years
Over the past seven years in Oneida County, Idaho, the average residential energy tax credit per tax return has shown notable increases, especially between 2016 and 2021. Starting at a steady $166.67 from 2013 to 2015, the credit spiked dramatically to $1,733.33 in 2019 before normalizing to $1,450.00 in 2021. These fluctuations could be indicative of varying factors like policy changes or shifts in residential energy conservation investments. This information might be useful for those considering property investments or those involved in the real estate market, as it hints at potential incentives for energy-efficient home improvements.
Average Real Estate Taxes Per Tax Return in Oneida County, ID Over the Last 10 Years
Over the past decade, Oneida County, Idaho has seen significant fluctuations in average real estate taxes per tax return. Starting at around $1,250.00 in 2012, there was a gradual increase with notable jumps in 2018 and 2020, reaching peaks of approximately $2,020.00 and $2,466.67, respectively. This variability could suggest shifts in property values and potential re-assessments, influencing decisions for investors, real estate agents, and builders considering new projects. Prospective homeowners and insurance agents might also want to account for these changes when evaluating long-term costs and property value projections in the area.
Percentage of Farm Returns in Oneida County, ID Over the Last 10 Years
Over the last decade, Oneida County, Idaho has seen a varying but overall slight decline in the percentage of farm tax returns, dropping from 18.24% in 2012 to around 15.24% in 2021. Farm tax returns can serve as an indicator of the economic health and agricultural activity in an area, influencing decisions for potential investors or property developers. A decreasing trend might suggest shifts in local economic priorities or challenges faced by the agriculture sector, potentially affecting land values and investment opportunities in the county.
Number of Mortgages by Occupancy Type in Oneida County, ID Over the Last 5 Years in Oneida County
Over the last five years in Oneida County, Idaho, there's been notable fluctuation in mortgage activity by occupancy type. Principal residences lead by a wide margin, peaking in 2021 with 447 mortgages, pointing to a potential housing boom or a surge in population growth. Investment property mortgages have seen modest increases, highlighting an interest in rental or commercial opportunities despite overall fewer transactions. Second residences have remained largely static, suggesting limited market for vacation or secondary homes. These shifts can influence property values, insurance premiums, and development decisions, making occupancy trends critical for investors and stakeholders in the local real estate market.
Economic Outlook
Oneida County, Idaho has seen a notable upward trend in average taxable income per tax return, rising from $32,845.88 in 2013 to $58,715.53 in 2021, despite a significant dip in 2018. This growth, coupled with increased state and local income taxes from $3,835.14 in 2012 to $6,463.64 in 2021, underscores a shift in the county's financial landscape. Meanwhile, the average total tax liability per tax return also climbed from around $5,100.00 in 2012 to $7,875.95 by 2021. These trends point to... Read more
Average Taxable Income per Tax Return in Oneida County, ID over the last 9 years
In recent years, Oneida County, Idaho has seen fluctuations in average taxable income per tax return, with a notable overall upward trend. Starting at approximately $32,845.88 in 2013, it experienced a steady increase, peaking at about $58,715.53 in 2021. A significant dip in 2018 to roughly $29,950.79 stands out but was swiftly followed by a steep rise, reflecting potential economic recovery or growth. For those considering investments or relocations, this suggests a growing financial landscape, though volatility might still be a factor to keep in mind.
Average State and Local Income Taxes Per Tax Return in Oneida County, ID Over the Last 10 Years
Over the last decade, Oneida County, Idaho has seen a steady increase in average state and local income taxes per tax return. In 2012, taxpayers paid an average of $3,835.14, which surged to $6,463.64 by 2021. The significant jumps in recent years, particularly between 2017 and 2018 when the average spiked from $4,205.41 to $5,433.33, highlight a trend that could be crucial for potential investors, property builders, and those considering relocating to the area. Understanding these tax trends is key for financial planning and long-term investment strategies.
Average Total Tax Liability Per Tax Return in Oneida County, ID Over the Last 10 Years
The average total tax liability per tax return in Oneida County, Idaho has seen some fluctuations over the past decade, with a notable rise in recent years. From hovering around $5,100.00 in 2012, the liability dipped below $5,000.00 in 2013 and 2015, but has since experienced an upward trend, reaching $7,875.95 in 2021. This trend suggests a growing economic activity or higher income levels among residents, potentially making the county more appealing for investors and property developers looking to capitalize on this upward momentum.
Cost of Living in Oneida County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,344 | $1,464 | $1,700 | $1,168 | $1,235 |
| 1 adult 4 children | $1,344 | $1,195 | $1,317 | $1,168 | $1,385 |
| 2 adults 3 children | $1,344 | $1,196 | $1,467 | $1,168 | $997 |
| 1 adult 3 children | $1,344 | $976 | $1,083 | $1,168 | $1,121 |
| 2 adults 2 children | $946 | $979 | $1,233 | $1,012 | $794 |
| 1 adult 2 children | $946 | $731 | $850 | $1,012 | $744 |
| 2 adults 1 child | $946 | $774 | $1,000 | $506 | $728 |
| 1 adult 1 child | $946 | $500 | $617 | $506 | $623 |
| 2 adults | $725 | $622 | $767 | $0 | $603 |
| 1 adult | $720 | $339 | $383 | $0 | $586 |
Safety trends & Data
Oneida County, Idaho, has experienced fluctuating property crime trends over the past five years. Larceny-theft, the most prevalent, saw an uptick in 2022 to five cases, whereas burglary and motor vehicle theft have stayed relatively low. Notably, motor vehicle theft peaked at four cases in 2018, with minimal incidents of fraud and vandalism over the years. This dynamic crime landscape provides potential investors and property developers essential insights for assessing crime-related risks and... Read more
Property Crime Trends in Oneida County, ID Over the Last 5 Years
Oneida County, Idaho, has witnessed fluctuating property crime trends over the past five years. While incidents of larceny-theft seem the most prevalent, particularly seeing an uptick in 2022 with five cases, other categories like burglary and motor vehicle theft remain consistently lower. Interesting spikes include motor vehicle theft peaking at four cases in 2018, yet generally minimal fraud and vandalism activities. This dynamic landscape offers potential investors and property developers insights into crime-related risks and factors to consider for asset protection and community planning.
Demographics
Oneida County, Idaho shows a balanced gender distribution with a slight male predominance. The educational attainment reveals a high percentage of high school graduates, but fewer individuals with advanced degrees. Age distribution skews towards younger and middle-aged groups, indicating a stable working population. Racial demographics are predominantly White with minimal representation from other racial groups, suggesting limited ethnic diversity in the... Read more
Race Distribution in Oneida County, Idaho (2022)
Educational Attainment in Oneida County, Idaho (2022)
Age Distribution in Oneida County, Idaho
Citizen Population in Oneida County, Idaho (2022)
Political Trends & Data
In Oneida County, Idaho, the 2020 U.S. Presidential Election results reflect a significant Republican preference, with around 87.6% backing the GOP compared to 10.2% for Democrats. Libertarians and other parties each garnered around 1%, indicating a strong conservative leaning. This political climate can influence everything from local policy to real estate trends, suggesting that the area may attract individuals and families who align with these... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Oneida County, Idaho, the 2020 U.S. Presidential Election saw a significant lean towards Republican candidates with approximately 87.6% of the vote, dwarfing the Democratic share at roughly 10.2%. Libertarian and other parties barely made a mark, each around 1%. This suggests that Oneida County is likely a stronghold for conservative values, but it's always possible the political landscape could shift in future elections.
87.64% of voters voted for the Republican party in the 2020 Presidential Election
10.16% of voters voted for the Democrat party in the 2020 Presidential Election
1.10% of voters voted for the Livertarian party in the 2020 Presidential Election
1.10% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Oneida County, Idaho, has fluctuated significantly, peaking at over 26 students per teacher in 2023, well above the national average of 14. This variability might be tied to changes in education funding, population shifts, or policy changes. Investors and real estate agents could see this as an indicator of a growing population or strained educational resources, impacting property values and desirability. Appraisers and insurance agents can use these insights to... Read more
Student-to-teacher ratio in Oneida County, Idaho over the last 10 years
Over the past decade, the student-to-teacher ratio in Oneida County, Idaho, has shown significant variability, peaking at over 26 students per teacher in 2023, a notable deviation from the national average of 14. This fluctuation might signal underlying changes in local education funding, population shifts, or policy adjustments. For investors and real estate agents, a higher student-to-teacher ratio could imply either a growing population or potential strains on the local educational infrastructure, which could affect property values and desirability. For appraisers and insurance agents, understanding these shifts helps in assessing the risk and long-term stability of the area.
