Ford County Real Estate and Livability Trends
Ford County, Kansas shows intriguing economic vitality with average taxable incomes rising from $44,786.80 in 2013 to $62,526.69 in 2021, while state and local income taxes per return escalated to $10,386.96 in 2021. Median home values climbed from $99,500 in 2015 to $121,500 in 2022, suggesting it remains affordable relative to state and national averages. Increasing real estate taxes, from... Read more
Ford County Market Trends
Ford County, Kansas has seen its median home values climb from $99,500 in 2015 to $121,500 in 2022, still well below the state and national averages, suggesting a potentially affordable market for investors and new residents. Meanwhile, the average residential energy tax credits displayed significant variability, highlighted by a 2018 spike to $1,633.33, which may influence investor and homeowner... Read more
Median Value of Occupied Housing Units in Ford County, Kansas Over the Last 8 Years
Ford County, Kansas has experienced a noticeable rise in median home values over the past eight years, hitting $121,500 in 2022, up from $99,500 in 2015. Despite this increase, Ford County's home values remain lower when compared to both the state average of $189,300 and the national average of $179,400 for the same year. This relatively lower price point may present an attractive opportunity for investors and new residents looking for affordability in a market where property values have been trending upward, albeit at a slower rate than state and national figures.
Residential Energy Tax Credit Per Tax Return in Ford County, KS Over the Last 9 Years
Over the last nine years, average residential energy tax credits per tax return in Ford County, Kansas have shown notable fluctuations. The compelling spike in 2018, reaching $1,633.33, sharply contrasts with the more moderate $256.25 seen in 2014 and impacts the nine-year trend. This variability indicates potential shifts in energy efficiency investments or changing eligibility parameters. For those considering property investments or moves, understanding these financial incentives and their trends may influence cost-saving strategies and overall affordability.
Average Real Estate Taxes Per Tax Return in Ford County, KS Over the Last 10 Years
Over the last decade in Ford County, Kansas, average real estate taxes per tax return have seen a noticeable upward trend. Starting from $2,957.64 in 2012, taxes have gradually increased, reaching $4,917.95 by 2021. The most significant jumps appear between 2017 and 2018, where the average rose from $3,648.68 to $4,258.00, and again from 2018 to 2019, climbing to $4,576.60. This persistent rise could indicate an increase in property values or tax rates, offering critical insights for prospective homeowners, real estate investors, and appraisers evaluating long-term financial commitments in the area.
Percentage of Farm Returns in Ford County, KS Over the Last 10 Years
Ford County, Kansas has seen a fairly consistent rate of farm tax returns hovering around 3.5% to 3.9% over the past decade. A slight dip was noticeable in 2020 with a return percentage of approximately 3.44%, potentially reflecting economic uncertainties or changes in agricultural practices during that year. Farm tax returns are essential indicators for understanding the agricultural backbone of this region, reflecting the health and output of farm activities, which can profoundly impact local economies. For investors and potential residents, these trends could hint at steady agricultural production and possibly stability in property values and local economic growth.
Number of Mortgages by Occupancy Type in Ford County, KS Over the Last 5 Years in Ford County
In Ford County, Kansas, the mortgage trends over the past five years reveal a significant focus on principal residences, with noticeably fewer mortgages for investment and second residences. There was a substantial dip in mortgage counts for principal residences from 2021 to 2022, dropping from 993 to 618. Changes in occupancy type might matter due to varying levels of risk and return associated with each property type. For investors and builders, understanding these trends can help determine the demand for different property types. Appraisers and real estate agents might find these insights valuable for market analysis, and insurance agents could see shifts in client needs based on occupancy type frequencies. Potential buyers and residents might also use this data to gauge market stability and forecast financial commitments.
Economic Outlook
In Ford County, Kansas, average taxable incomes have risen from $44,786.80 in 2013 to $62,526.69 by 2021, signaling increasing economic vitality. Notably, state and local income taxes per tax return have escalated, jumping from $6,211.00 in 2012 to a high of $10,386.96 in 2021, suggesting shifting fiscal dynamics. Meanwhile, average total tax liabilities have seen fluctuations, with peaks in 2020 and 2021 at $7,492.12 and $8,767.66 respectively. These trends potentially highlight a burgeoning... Read more
Average Taxable Income per Tax Return in Ford County, KS over the last 9 years
In Ford County, Kansas, average taxable incomes have shown a noticeable upward trend over the last nine years. Starting from $44,786.80 in 2013, incomes have steadily increased, reaching $62,526.69 by 2021. This overall growth could be appealing for those considering investments or relocation, suggesting increasing economic vitality in the area. For property developers and prospective residents, such trends might indicate a flourishing community with rising financial stability.
Average State and Local Income Taxes Per Tax Return in Ford County, KS Over the Last 10 Years
Over the past decade, Ford County, Kansas has seen significant changes in average state and local income taxes per tax return, starting from $6,211.00 in 2012 and fluctuating widely before peaking at $10,386.96 in 2021. This volatility, culminating in a striking upward trend from 2018 onwards, suggests increasing fiscal pressures or improved economic conditions in the latter years. Investors and prospective residents should consider these tax dynamics as part of their financial planning and property investment strategies.
Average Total Tax Liability Per Tax Return in Ford County, KS Over the Last 10 Years
Ford County, Kansas has seen notable fluctuations in average total tax liability per tax return over the past decade. Despite the initial dip from 2012 to 2016, peaking periods in 2020 at $7,492.12 and more markedly in 2021 at $8,767.66 suggest rising incomes or changing tax policies. These trends might indicate an evolving economic landscape in the county, potentially making it an intriguing area for those considering investments, relocations, or property developments, given the implications for disposable income and fiscal policy dynamics.
Cost of Living in Ford County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,109 | $1,351 | $2,409 | $966 | $1,247 |
| 1 adult 4 children | $1,109 | $1,103 | $1,846 | $966 | $1,328 |
| 2 adults 3 children | $1,109 | $1,104 | $2,088 | $966 | $1,003 |
| 1 adult 3 children | $1,109 | $901 | $1,525 | $966 | $1,059 |
| 2 adults 2 children | $880 | $904 | $1,767 | $837 | $863 |
| 1 adult 2 children | $880 | $675 | $1,204 | $837 | $776 |
| 2 adults 1 child | $880 | $714 | $1,446 | $419 | $794 |
| 1 adult 1 child | $880 | $461 | $884 | $419 | $661 |
| 2 adults | $672 | $574 | $1,126 | $0 | $678 |
| 1 adult | $652 | $313 | $563 | $0 | $593 |
Safety trends & Data
Ford County, Kansas, has seen varied trends in property crimes over the last five years. Incidents of larceny-theft spiked in 2019 ($101.00 in 2019 and $112.00 in 2020) but dropped to $53.00 in both 2021 and 2022. Vandalism fluctuated, increasing from $46.00 in 2019 to $79.00 in 2021, and then tapering off to $56.00 in 2022. Arson cases unusually rose in 2022, jumping to $10.00 from just $1.00 in 2020. Embezzlement significantly increased in 2022, peaking at $16.00, which could be noteworthy... Read more
Property Crime Trends in Ford County, KS Over the Last 5 Years
Ford County, Kansas, has seen varied trends in property crimes over the last five years. Notably, incidents of larceny-theft spiked sharply in 2019 (101 in 2019 and 112 in 2020) before dropping to 53.00 in both 2021 and 2022. Vandalism also fluctuated significantly, increasing from 46.00 in 2019 to 79.00 in 2021, and then tapering off to 56.00 in 2022. Interestingly, there was an unusual rise in arson cases in 2022, which jumped to 10.00 from just 1.00 in 2020. Embezzlement saw a significant increase in 2022, peaking at 16.00, which could be relevant for businesses considering setting up operations. For real estate developers and investors, the reduction in motor vehicle theft post-2020 might be a positive signal, contrasting the relatively high levels of larceny-theft and vandalism.
Demographics
In Ford County, Kansas, males slightly outnumber females within the adult population, which may point to certain socio-economic trends or employment opportunities in the region. A considerable portion of the adult population has education levels up to high school or some college, suggesting that access to higher education could be a concern or that the local job market might not require advanced degrees. Younger age groups dominate the demographic, with a significant number of residents under... Read more
Race Distribution in Ford County, Kansas (2022)
Educational Attainment in Ford County, Kansas (2022)
Age Distribution in Ford County, Kansas
Citizen Population in Ford County, Kansas (2022)
Political Trends & Data
Ford County, Kansas displays a distinct political leaning, evidenced by the 2020 U.S. Presidential Election results where around 65% of votes might have gone to Republican candidates, while Democrats possibly obtained about 33%. The Libertarian party garnered a minimal impact with just under 2% of the vote. This trend indicates a significant preference for Republican policies and could influence local real estate dynamics, particularly in terms of community development and local governance... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Ford County, Kansas, the 2020 U.S. Presidential Election results indicate that Republican candidates likely held a significant lead with roughly 65% of the votes, while Democrats garnered about 33%. The Libertarian party, though present, secured just under 2% of the vote. This suggests a strong Republican preference among the voters in this county, with minor third-party influence.
65.09% of voters voted for the Republican party in the 2020 Presidential Election
33.06% 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
School Data
In Ford County, Kansas, the student-to-teacher ratio has recently peaked at almost 20 students per teacher in 2023, well above the national average of around fourteen. This trend suggests a rising demand for educational resources, potentially impacting property values and familial attractiveness. Real estate agents and investors might view this as an indicator of stress on the local school system, which could influence market dynamics and educational infrastructure... Read more
Student-to-teacher ratio in Ford County, Kansas over the last 10 years
Ford County, Kansas has seen a fluctuating student-to-teacher ratio over the last decade, peaking at nearly 20 students per teacher in 2023, compared to the national average of around fourteen. This upward trend suggests a growing demand for educational resources which might impact property values and the attractiveness of the area for families with children. For real estate agents, investors, and those looking to move, this could indicate potential stress on the local school system. Property developers and insurance agents might need to consider how increased class sizes could influence market dynamics and educational infrastructure planning.
