Geary County Real Estate and Livability Trends
Geary County, Kansas, has shown an upward trend in median home values, climbing from $136,000 in 2015 to $162,400 in 2022, albeit at a slower rate than the state average. With average taxable income per tax return increasing from approximately $37,595.35 in 2013 to $49,511.08 in 2021, and state and local income taxes rising simultaneously, the area reflects potential economic growth.... Read more
Geary County Market Trends
Geary County, Kansas has seen its median home values rise steadily over the past eight years, moving from $136,000 in 2015 to $162,400 in 2022. This growth, while notable, lags behind the state average, which increased from $132,000 to $189,300 over the same period, potentially making it a more affordable option for buyers and investors seeking appreciating yet budget-friendly markets.... Read more
Median Value of Occupied Housing Units in Geary County, Kansas Over the Last 8 Years
Geary County, Kansas, has seen its median home values rise consistently over the past 8 years, from $136,000 in 2015 to $162,400 in 2022. This local increase, although significant, still trails the state average, which soared from $132,000 to $189,300 in the same timeframe. On a national scale, the U.S. median home values moved from $125,500 in 2015 to $179,400 by 2022. These trends hint at Geary County possibly offering a more affordable option within Kansas, despite growth in value. This could be particularly appealing to investors and homebuyers looking for appreciating assets within a more budget-friendly market.
Residential Energy Tax Credit Per Tax Return in Geary County, KS Over the Last 8 Years
Over the last eight years, Geary County, Kansas, has experienced notable growth in the average residential energy tax credit per tax return, increasing from $236.00 in 2013 to $1,790.00 in 2021. This significant upward trend suggests heightened homeowner investments in energy-efficient upgrades, which can potentially appeal to investors and real estate agents keen on properties with lower utility costs. For appraisers and insurance agents, these improvements might influence property valuations and insurance rates, given the enhanced energy efficiency. Moreover, prospective residents might find this trend indicative of a community that prioritizes sustainable living, potentially leading to future cost savings.
Average Real Estate Taxes Per Tax Return in Geary County, KS Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Geary County, Kansas have generally increased, starting around $2,974.42 in 2012 and peaking at approximately $4,537.84 in 2020 before slightly dipping to $4,336.11 in 2021. This upward trend could indicate rising property values or increased tax rates, impacting both potential investors and current residents with higher annual tax obligations. Notably, the biggest jump occurred between 2017 and 2018, where taxes spiked from $3,650.96 to $4,220.00, suggesting a significant reassessment or rate change during that period.
Percentage of Farm Returns in Geary County, KS Over the Last 10 Years
Over the last decade, Geary County, Kansas has seen slight fluctuations in agricultural tax returns, hovering around 1.00% to 1.28%. Farm tax returns generally represent portions of income dedicated to agriculture, reflecting the local economy's engagement in farming. This trend matters for potential investors or residents interested in the agricultural landscape and economic stability of the county. Observing these percentages helps to gauge agricultural activity and how it might influence land value, investment opportunities, and the rural character of the area.
Number of Mortgages by Occupancy Type in Geary County, KS Over the Last 5 Years in Geary County
Over the last five years, Geary County, Kansas, has seen a noticeable trend in mortgage activities, particularly in the principal residence category, which has experienced a considerable increase from 945 in 2018 to 1950 in 2021. Investment property loans have also risen, albeit more modestly, from 98 in 2018 to 233 in 2021. Conversely, the second residence category remains negligible with a slight peak at 15 in 2020. These shifts may be critical for those looking to invest in local real estate, as a surge in mortgage counts for primary residences implies a growing demand for owner-occupied homes, potentially driving property values up. Appraisers and insurance agents should note these trends to better assess property risks and values, while real estate agents and developers may find more lucrative opportunities by targeting developments for principal residences. Understanding these dynamics can help stakeholders make informed decisions about the area's housing market.
Economic Outlook
Geary County, Kansas, has potentially experienced a steady rise in average taxable income per tax return, climbing from approximately $37,595.35 in 2013 to $49,511.08 in 2021. Concurrently, average state and local income taxes per tax return have also seemingly increased from around $3,857.14 in 2012 to $5,390.63 in 2021, indicating a growing tax burden. The total tax liability has shown fluctuations but generally trends upwards, peaking at $5,122.60 in 2021. This could suggest economic growth... Read more
Average Taxable Income per Tax Return in Geary County, KS over the last 9 years
Over the past nine years, Geary County, Kansas has potentially experienced a steady increase in the average taxable income per tax return. From 2013’s figure of approximately $37,595.35 to 2021’s $49,511.08, there are signs of gradual economic improvement. This trend may be enticing for potential investors, suggesting an upward trajectory in local affluence and consumer spending power. For residents, it hints at a potentially growing economic stability, making it an appealing area for long-term commitments like buying property.
Average State and Local Income Taxes Per Tax Return in Geary County, KS Over the Last 10 Years
Over the past decade, Geary County, Kansas, has experienced a notable increase in average state and local income taxes per tax return, rising from approximately $3,857.14 in 2012 to $5,390.63 in 2021. This trend suggests a growing tax burden for residents, which could impact decisions for those considering investing or moving to the area. For potential homeowners and developers, it's a crucial factor to consider as it reflects on the broader economic and fiscal environment of the county.
Average Total Tax Liability Per Tax Return in Geary County, KS Over the Last 10 Years
Over the past decade, Geary County, Kansas has seen fluctuations in the average total tax liability per tax return, peaking at $5122.60 in 2021. The lowest point occurred in 2014 with an average liability of $4028.10. Notably, there's been a general upward trend from 2016 onwards, suggesting a gradual increase in tax obligations. This could reflect economic growth or rising incomes in the area, potentially signaling a developing market for investors or those looking to relocate.
Cost of Living in Geary County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,265 | $1,424 | $2,160 | $1,140 | $1,261 |
| 1 adult 4 children | $1,265 | $1,163 | $1,662 | $1,140 | $1,362 |
| 2 adults 3 children | $1,265 | $1,163 | $1,869 | $1,140 | $1,021 |
| 1 adult 3 children | $1,265 | $949 | $1,371 | $1,140 | $1,100 |
| 2 adults 2 children | $890 | $952 | $1,578 | $994 | $823 |
| 1 adult 2 children | $890 | $711 | $1,080 | $994 | $743 |
| 2 adults 1 child | $890 | $752 | $1,287 | $522 | $749 |
| 1 adult 1 child | $890 | $486 | $789 | $522 | $627 |
| 2 adults | $676 | $604 | $996 | $0 | $613 |
| 1 adult | $672 | $330 | $498 | $0 | $547 |
Safety trends & Data
Geary County, Kansas has seen notable shifts in property crime trends over the past five years, with Larceny-Theft incidents jumping from 3 in 2018 to over 100 annually since 2019. Vandalism reached a peak of 82 cases in 2021, and Motor Vehicle Theft climbed to a peak of 11 cases in 2022. These rising crime rates might influence property valuations and insurance premiums, making it crucial for real estate stakeholders to stay... Read more
Property Crime Trends in Geary County, KS Over the Last 5 Years
Geary County, Kansas, has experienced certain fluctuations in property crime trends over the last five years. A noticeable increase occurred in categories such as Larceny-Theft, growing from 3 instances in 2018 to a stable 100+ cases annually from 2019 onwards. Vandalism also exhibited an upward trend, peaking at 82 incidents in 2021. Meanwhile, Motor Vehicle Theft gradually increased, with the highest rate hitting 11 cases in 2022. These patterns could potentially affect property valuations and insurance rates, making it vital for real estate agents, investors, and insurers to monitor these changes closely.
Demographics
Geary County, Kansas shows a slightly higher male population compared to females, indicating potential socioeconomic dynamics. Educationally, a significant portion of the population has some college experience but no degree, which may suggest opportunities for enhancing higher education attainment in the area. Age demographics highlight a youthful population with substantial numbers in younger age brackets, which could drive demand for schools, recreational facilities, and family-oriented... Read more
Race Distribution in Geary County, Kansas (2022)
Educational Attainment in Geary County, Kansas (2022)
Age Distribution in Geary County, Kansas
Citizen Population in Geary County, Kansas (2022)
Political Trends & Data
Geary County, Kansas, possibly saw Republicans secure around 55% of the vote in the 2020 U.S. Presidential Election, with Democrats capturing nearly 41.5%, pointing to a right-leaning electorate. Interestingly, Libertarians may have held a minor share at roughly 3%, indicating some voter openness to third-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Geary County, Kansas, leaned Republican in the 2020 U.S. Presidential Election, with the party possibly securing around 55% of the vote. Democrats may have garnered nearly 41.5%, while Libertarians appeared to hold a small slice at roughly 3%. These figures indicate a right-leaning electorate but also suggest some level of support for third-party candidates.
55.43% of voters voted for the Republican party in the 2020 Presidential Election
41.48% of voters voted for the Democrat party in the 2020 Presidential Election
3.09% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Geary County, Kansas has generally stayed below the national average of 14 students per teacher, fluctuating between 12.76 and 14.16 over the past decade. This lower ratio might appeal to potential investors or new residents due to the potential for more individualized attention in schools, which could positively impact educational outcomes. While these slight annual fluctuations suggest occasional changes in school staffing or enrollment, they also provide... Read more
Student-to-teacher ratio in Geary County, Kansas over the last 10 years
Over the past decade, the student-to-teacher ratio in Geary County, Kansas has mostly stayed below the national average of 14 students per teacher. With values ranging from 12.76 to 14.16, those looking to invest or move to the area might find this favorable for educational outcomes. Lower ratios can result in more individualized attention for students, potentially enhancing the overall quality of education. However, the slight annual fluctuations indicate occasional changes in school staffing or enrollment, which could be an important consideration for appraisers, insurance agents, or real estate agents assessing the local market.
