Gove County Real Estate and Livability Trends
In Gove County, Kansas, average taxable income has seen substantial fluctuations, ranging from $39,378.20 in 2017 to $68,754.55 in 2021, reflecting varied economic conditions that may signal growth opportunities. The median value of occupied housing units rose from $76,300 in 2015 to $112,800 in 2022, showing moderate yet promising growth. Average state and local income taxes have generally... Read more
Gove County Market Trends
Gove County, Kansas has seen the median value of occupied housing units rise from $76,300 in 2015 to $112,800 in 2022, a moderate yet promising growth compared to the state and national trends. Real estate taxes per tax return have notably jumped, reaching $3,133.33 in 2021, potentially reflecting increased property values or changes in tax rates. The percentage of farm tax returns fluctuated... Read more
Median Value of Occupied Housing Units in Gove County, Kansas Over the Last 8 Years
Gove County, Kansas has seen a steady increase in the median value of occupied housing units from $76,300 in 2015 to $112,800 in 2022. When compared to the state of Kansas, which rose from $132,000 to $189,300 in the same period, Gove County's growth rate seems moderate yet promising. Nationally, the median value escalated more sharply from $125,500 to $179,400 over these years. This relatively affordable market in Gove County might offer an attractive opportunity for investors and new homeowners looking for a less costly entry point in the real estate market.
Average Real Estate Taxes Per Tax Return in Gove County, KS Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Gove County, Kansas have experienced significant fluctuations. Beginning at approximately $1,447.37 in 2012, there's been an upward trajectory with notable jumps, such as in 2014 and 2016, reaching over $2,400.00. The most striking increase occurred in 2021, with the average hitting $3,133.33. This data could suggest growing property values or changes in tax rates, which might be vital for potential investors, homebuyers, and property developers assessing the financial environment and long-term planning in the area.
Percentage of Farm Returns in Gove County, KS Over the Last 10 Years
Gove County, Kansas, has exhibited some fluctuations in the percentage of farm tax returns over the last decade, hovering around 24.00% to 28.00%. There's a notable peak in 2017 when farm returns reached approximately 28.36%, suggesting a potential increase in agricultural activity or profitability for that year. Farm tax returns are filings by property owners indicating income derived from agricultural activities, reflecting the health of the farming sector in the area. This is essential for potential investors or newcomers looking into the viability and economic trends within the county, especially those considering agricultural investments or rural living.
Number of Mortgages by Occupancy Type in Gove County, KS Over the Last 5 Years in Gove County
Recent data on mortgage counts in Gove County, Kansas reveals a consistent trend toward principal residence loans, while investment properties see limited activity. Over the last five years, principal residences averaged much higher mortgage counts, peaking at 67 in 2021, compared to the investment property peak of just 5 in 2020 and 2022. The relatively low and stable investment property figures might signal a less volatile real estate market, which can be appealing for residential investors seeking stability. For those planning to build or sell, the demand for principal residences suggests a strong owner-occupied housing market. This could influence appraisals, insurance policies, and overall home values, given that owner-occupied properties often maintain better conditions and valuations.
Economic Outlook
In Gove County, Kansas, the real estate market is shaped by significant volatility in average taxable income, which ranged from a low of $39,378.20 in 2017 to a high of $68,754.55 in 2021. This unpredictability reveals diverse economic conditions and might present potential growth opportunities. Meanwhile, the average state and local income taxes have fluctuated but shown a general decrease, starting from $9,294.44 in 2012 and reaching $7,450.00 in 2021. This variable tax landscape could... Read more
Average Taxable Income per Tax Return in Gove County, KS over the last 9 years
Over the last nine years, Gove County, Kansas has seen significant fluctuations in average taxable income per tax return, ranging from a low of $39,378.20 in 2017 to a peak of $68,754.55 in 2021. This volatility could be indicative of diverse economic conditions and opportunities within the county. Those considering investment or relocation might find the recent upward trend promising, suggesting potential growth and stability in the area. Similarly, property developers and current residents might see these figures as a signal of evolving economic dynamics.
Average State and Local Income Taxes Per Tax Return in Gove County, KS Over the Last 10 Years
Over the past decade, Gove County, Kansas has seen an erratic but generally downward trend in average state and local income taxes per tax return, starting from a high of approximately $9,294.44 in 2012 and dipping as low as $3,687.50 in 2014. The fluctuations indicate a volatile tax landscape that could impact both current residents and potential investors. Notably, the average taxes have been on a gradual rise since 2017, reaching $7,450.00 in 2021. This signifies potential shifts in local economic policies or population changes that might interest those looking to understand the financial climate of Gove County.
Average Total Tax Liability Per Tax Return in Gove County, KS Over the Last 10 Years
Over the last decade, Gove County, Kansas has seen notable fluctuations in average total tax liability per tax return. Starting from a high of $11,192.52 in 2012, it dipped significantly by 2017, reaching a low of $6,598.98. However, there has been a clear upward trend since then, peaking again at $11,226.85 in 2021. These shifts could reflect broader economic conditions, shifts in local income levels, or changes in tax policy, offering a dynamic environment for potential investors or new residents looking to understand the economic landscape.
Cost of Living in Gove County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $959 | $1,444 | $2,183 | $966 | $1,237 |
1 adult 4 children | $959 | $1,179 | $1,671 | $966 | $1,330 |
2 adults 3 children | $959 | $1,179 | $1,893 | $966 | $989 |
1 adult 3 children | $959 | $963 | $1,381 | $966 | $1,055 |
2 adults 2 children | $788 | $965 | $1,603 | $837 | $870 |
1 adult 2 children | $788 | $721 | $1,091 | $837 | $790 |
2 adults 1 child | $788 | $763 | $1,313 | $419 | $795 |
1 adult 1 child | $788 | $493 | $801 | $419 | $661 |
2 adults | $685 | $613 | $1,023 | $0 | $709 |
1 adult | $584 | $334 | $511 | $0 | $585 |
Safety trends & Data
Gove County, Kansas has witnessed fluctuating trends in property-related crimes over the past five years. Fraud incidents peaked at 16 cases in 2019, a stark contrast to just 1 case in 2018, then dropped to 6 cases in 2020. Vandalism remained minimal with only 1 case reported in 2021. Incidents involving stolen property were consistently low, with single reports in 2019 and 2022. These patterns could suggest a generally stable environment, which might reassure investors and real estate agents.... Read more
Property Crime Trends in Gove County, KS Over the Last 5 Years
Gove County, Kansas has seen fluctuating trends in property-related crimes over the past five years. In 2019, fraud incidents peaked with 16 reported cases, significantly higher compared to 1 in 2018. By 2020, fraud cases declined to 6. Vandalism was minuscule with just 1 reported case in 2021. Similarly, incidents of stolen property related to buying, receiving, or possessing remained very low, with just one report each in 2019 and 2022. Given these ebbs and flows, investors, real estate agents, and those looking to build property might find the relatively low overall crime rates reassuring, signaling a relatively stable environment. Nonetheless, occasional spikes in certain crimes like fraud may warrant closer monitoring for potential vulnerabilities and opportunities.
Demographics
Gove County, Kansas showcases a slight gender imbalance, with slightly more females than males in the adult population. The educational landscape indicates a high number of high school graduates, but less movement into higher education, suggesting potential areas for educational development programs. The age distribution reveals a notable share of the population in the older age brackets, hinting at an aging population which may impact healthcare and social services. The racial composition... Read more
Race Distribution in Gove County, Kansas (2022)
Educational Attainment in Gove County, Kansas (2022)
Age Distribution in Gove County, Kansas
Citizen Population in Gove County, Kansas (2022)
Political Trends & Data
Gove County, Kansas, shows a pronounced Republican inclination in the 2020 U.S. Presidential Election, with nearly 88% of voters favoring the GOP. Meanwhile, Democratic candidates secured just over 11% of the vote, indicating a minimal liberal presence. Libertarian and other minor party contributions were negligible, underscoring a predominantly conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Gove County, Kansas, the 2020 U.S. Presidential Election results suggest a strong leaning toward the Republican Party, capturing nearly 88% of the vote. The Democratic Party, on the other hand, garnered just over 11%, which appears significantly lower in comparison. Libertarians picked up less than 1% of the vote, while Green and other parties essentially made no noticeable impact. This data hints at a predominantly Republican voter base in this county.
87.76% of voters voted for the Republican party in the 2020 Presidential Election
11.28% of voters voted for the Democrat party in the 2020 Presidential Election
0.95% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Gove County, Kansas, the student-to-teacher ratio has remained stable between 6 and 8 students per teacher over the past decade, which is significantly lower than the national average of 14. This may suggest more personalized attention for students, making the area appealing to families. For real estate agents and investors, this could translate to a strong draw for buyers with children, while appraisers and insurance agents might view this as a sign of a desirable, community-focused... Read more
Student-to-teacher ratio in Gove County, Kansas over the last 10 years
In Gove County, Kansas, the student-to-teacher ratio over the past decade has shown relative stability, hovering between 6 and 8 students per teacher. This is markedly lower than the national average of 14 students per teacher. Such favorable ratios could imply more personalized attention for each student, which might be attractive to families considering a move to the area. Additionally, for real estate agents and investors, this could signal a potentially strong draw for buyers with children, while appraisers and insurance agents might also see this trend as indicative of a desirable, community-focused locale.