Clay County Real Estate and Livability Trends
Clay County, Kansas, has seen a significant rise in average taxable income and median home values, indicating potential economic growth and increased investment appeal. However, the local and state tax environment has been volatile, reaching a high of $8,300.33 in 2021. Real estate trends reveal climbing property taxes and rising home values, yet the area remains more affordable than state and... Read more
Clay County Market Trends
Clay County, Kansas has experienced a notable rise in median home values, climbing from $96,500 in 2015 to $136,600 in 2022, yet remains considerably more affordable than both the state and national averages. The average residential energy tax credit per tax return has shown significant variability, reflecting a dynamic market for energy-efficient home improvements. Real estate taxes have trended... Read more
Median Value of Occupied Housing Units in Clay County, Kansas Over the Last 8 Years
Clay County, Kansas has seen substantial growth in median home values, with a jump from $96,500 in 2015 to $136,600 in 2022. Despite this increase, Clay County's housing prices remain significantly lower than the Kansas state average, which reached $189,300 in 2022, and the national average of $179,400. This price discrepancy might appeal to buyers and investors seeking more affordable housing, potentially driving interest in the area for those looking to capitalize on lower entry costs while still observing notable appreciation over time.
Residential Energy Tax Credit Per Tax Return in Clay County, KS Over the Last 7 Years
In Clay County, Kansas, the average residential energy tax credit per tax return has shown substantial variability over the last seven years. After peaking at $914.29 in 2014, it dipped to $380.00 by 2016 but spiked again to $1,350.00 in 2019. The fluctuations suggest a dynamic investment environment in energy-efficient home improvements, potentially signaling opportunities for builders and real estate investors to cater to a market that responds to energy savings incentives.
Average Real Estate Taxes Per Tax Return in Clay County, KS Over the Last 10 Years
Clay County, Kansas has seen a noticeable increase in average real estate taxes over the past decade, starting at $2,528.17 in 2012 and peaking at $3,492.31 in 2019. Although there was a slight dip in 2020 to $3,421.43, the general trend remains upward. This pattern might be significant for real estate investors, those considering relocation, appraisers, and insurance agents, as it provides an indicator of rising property costs in the area.
Percentage of Farm Returns in Clay County, KS Over the Last 10 Years
Over the past decade, Clay County, Kansas has seen a somewhat stable trend in the percentage of farm returns, hovering around 12.06% to 13.01%. Farm tax returns essentially measure the active participation and profitability of farms in the area, shedding light on the local agricultural economy. For those interested in investing, moving, or developing property in Clay County, a steady percentage of farm returns might suggest a resilient agricultural sector that could support broader economic stability. This level of consistency could paint a promising picture for long-term investment in local real estate and business ventures.
Number of Mortgages by Occupancy Type in Clay County, KS Over the Last 5 Years in Clay County
Over the last five years in Clay County, Kansas, the number of mortgages for principal residences showed fluctuations, peaking in 2021 with 331 mortgages and experiencing a significant drop to 176 mortgages in 2022. Investment property mortgages remained relatively stable but low, averaging 17 mortgages per year. Second residences consistently had the fewest mortgages, never exceeding six per year. Understanding these trends is crucial for investors, real estate agents, and appraisers because changes in occupancy type can indicate shifts in market demand, potentially affecting property values, rental yields, and insurance considerations. Notably, the decline in principal residence mortgages in 2022 might suggest reduced affordability or interest in long-term homeownership, while stable investment property numbers suggest a steady but niche interest in rental and commercial opportunities.
Economic Outlook
Over the past nine years, Clay County, Kansas has experienced significant shifts in average taxable income per tax return, ranging from $47,719.07 in 2017 to a peak of $63,533.68 in 2021. This increasing income trend, especially from 2020 onward, hints at potential economic growth or job market changes, making the county an attractive candidate for investment. Concurrently, state and local income taxes have shown notable volatility, with a sharp rise to $8,227.27 in 2021 from a low of $4,256.82... Read more
Average Taxable Income per Tax Return in Clay County, KS over the last 9 years
Over the last nine years, Clay County, Kansas has shown fluctuations in average taxable income per tax return, with figures ranging from a low of $47,719.07 in 2017 to a recent high of $63,533.68 in 2021. This upward trend in taxable income, particularly the sharp rise in 2020 and 2021, may suggest improving economic conditions or shifts in the local job market, making it an intriguing spot for potential investments. Such income trends can also influence property values and living costs, factors worth considering for those looking to move to or invest in the area.
Average State and Local Income Taxes Per Tax Return in Clay County, KS Over the Last 10 Years
Over the last decade, Clay County, Kansas has seen significant fluctuations in average state and local income taxes per tax return. The most notable spike occurred in 2021, where taxes peaked at $8,227.27, a stark increase compared to the low of $4,256.82 in 2017. This uneven pattern showcases a volatile tax environment that potential investors, homebuyers, and residents should consider when evaluating the financial landscape of the county.
Average Total Tax Liability Per Tax Return in Clay County, KS Over the Last 10 Years
Examining the last decade in Clay County, Kansas, there are noticeable fluctuations in the average total tax liability per tax return, peaking at approximately $8,300.33 in 2021 after a significant dip to $5,784 in 2018. Such volatility could imply varying economic conditions or policy changes influencing taxpayers' financial obligations. These trends may be crucial for prospective investors or residents, indicating potentially inconsistent financial landscapes and the necessity for strategic financial planning.
Cost of Living in Clay County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,141 | $1,420 | $2,149 | $966 | $1,227 |
| 1 adult 4 children | $1,141 | $1,159 | $1,645 | $966 | $1,324 |
| 2 adults 3 children | $1,141 | $1,160 | $1,864 | $966 | $988 |
| 1 adult 3 children | $1,141 | $947 | $1,360 | $966 | $1,060 |
| 2 adults 2 children | $803 | $949 | $1,578 | $837 | $814 |
| 1 adult 2 children | $803 | $709 | $1,075 | $837 | $748 |
| 2 adults 1 child | $803 | $750 | $1,293 | $419 | $766 |
| 1 adult 1 child | $803 | $485 | $789 | $419 | $621 |
| 2 adults | $610 | $603 | $1,007 | $0 | $640 |
| 1 adult | $581 | $329 | $504 | $0 | $552 |
Safety trends & Data
Property crime trends in Clay County, Kansas, have seen notable fluctuations, particularly in vandalism, peaking at 14 incidents in 2020 and 15 in 2022, and larceny-theft reaching up to 6 incidents in 2022. Burglary rates remain fairly stable, with minor yearly changes, while motor vehicle thefts hold steady at 2-3 cases annually. Less frequent but still relevant crimes like fraud and forgery also figure into the overall crime landscape. These insights can be particularly useful for potential... Read more
Property Crime Trends in Clay County, KS Over the Last 5 Years
Clay County, Kansas has experienced fluctuations in property crime over the past five years. Vandalism appears to be a significant issue, peaking dramatically at 14 incidents in 2020 and 15 in 2022. Larceny-theft numbers also varied, reaching a high of 6 incidents in 2022. Burglary incidents remained relatively stable with minor annual variations, while motor vehicle theft remained consistent at around 2-3 cases annually. Other crimes like fraud and forgery showed lower frequency but are still notable. This trend data could be useful for potential investors, real estate agents, insurance agents, and anyone looking to move to or build property in Clay County.
Demographics
Clay County, Kansas, features a nearly even split between male and female adult populations, both hovering around the 3,000 mark. Strikingly, the educational landscape reveals a prominent number of high school graduates (1,973) and individuals with some college but no degree (1,416). Age distribution shows significant populations under 10 years old (1,045) and within the senior brackets of 65-74 years (1,050) and 75+ years (916). The racial makeup remains predominantly White (7,702), with other... Read more
Race Distribution in Clay County, Kansas (2022)
Educational Attainment in Clay County, Kansas (2022)
Age Distribution in Clay County, Kansas
Citizen Population in Clay County, Kansas (2022)
Political Trends & Data
In Clay County, Kansas, voting trends from the 2020 U.S. Presidential Election show a dominant Republican preference with around 76% of the vote. The Democratic vote share was just below 22%, and Libertarian support was minimal at approximately 3%. This strong Republican majority could indicate that the county's political landscape is largely... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Clay County, Kansas, voting trends from the 2020 U.S. Presidential Election suggest a strong lean toward the Republican party, with approximately 76% of the vote. The Democratic party captured just under 22%, while the Libertarian presence was minimal, hovering around 3%. Such a significant Republican majority might suggest the county's political landscape is firmly rooted in conservative values.
75.97% of voters voted for the Republican party in the 2020 Presidential Election
21.38% of voters voted for the Democrat party in the 2020 Presidential Election
2.65% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Clay County, Kansas has a student-to-teacher ratio that is typically lower than the national average of 14:1, often falling between 12 and 13 over the past decade. This smaller class size can mean more individualized attention for students, a key factor for families considering a move. Real estate agents and appraisers might find homes here to be more attractive to buyers, potentially driving up property values. Insurance agents could also see shifts in client preferences based on the perceived... Read more
Student-to-teacher ratio in Clay County, Kansas over the last 10 years
Clay County, Kansas has consistently maintained a student-to-teacher ratio that is lower than the national average of 14 students per teacher. Over the past decade, the ratio has predominantly hovered around 12 to 13, with a low of nearly 12 in 2020. This lower ratio might suggest smaller class sizes, potentially allowing for more individualized attention for students. For investors and families considering relocating, this could be a vital factor; smaller class sizes are often associated with higher student performance and satisfaction. Additionally, appraisers and real estate agents might find that homes in areas with favorable student-to-teacher ratios can be more attractive to potential buyers, possibly increasing property values. For insurance agents, the perceived quality of education might also influence client decisions on where to live, impacting their service offerings.
