Graham County Real Estate and Livability Trends
Graham County, Kansas exhibits significant volatility in economic indicators and housing trends, with average taxable income fluctuating and home values rising from $68,600 in 2015 to $87,400 in 2022. Despite climbing real estate taxes, the region's property crime rates remain low and variable, suggesting an overall safer environment for real estate investments. Political leanings appear strongly... Read more
Graham County Market Trends
Median home values in Graham County, Kansas, have climbed from $68,600 in 2015 to $87,400 in 2022, but still lag behind state and national averages, indicating potentially lower-cost housing options. Real estate taxes have shown significant volatility, skyrocketing from $1,760.00 in 2012 to $4,250.00 in 2020, which might suggest instability for potential investors. Farm tax returns have remained... Read more
Median Value of Occupied Housing Units in Graham County, Kansas Over the Last 8 Years
Over the last eight years, median home values in Graham County, Kansas have seen a steady climb, rising from $68,600 in 2015 to $87,400 by 2022. This increase, while significant, still places the county's median home values well below both the state average of $189,300 and the national average of $179,400 in 2022. This suggests that Graham County might offer more affordable housing options compared to wider averages, potentially making it an attractive option for investors and new residents seeking lower cost opportunities.
Average Real Estate Taxes Per Tax Return in Graham County, KS Over the Last 9 Years
Graham County, Kansas, has experienced some intriguing fluctuations in real estate taxes over the past nine years. From 2012 to 2016, there was a notable upward trend, with average taxes per return jumping from $1,760.00 to $2,618.18. A slight dip followed in 2018 and 2019, but in 2020, the average real estate taxes saw a dramatic spike to $4,250.00. This volatility may raise questions for potential investors, homeowners, and real estate agents regarding the factors driving these changes and how they might impact future property valuations and financial planning.
Percentage of Farm Returns in Graham County, KS Over the Last 10 Years
Farm tax returns in Graham County, Kansas, have seen relatively stable percentages over the last decade, generally hovering around the 20% mark. There was a slight uptick in 2018 at approximately 22.03% and a dip in 2020 to about 19.76%. These shifts hint at minor economic fluctuations or changes in farm profitability, impacting the overall agricultural investment climate. If you're considering investing or building property here, understanding these subtle trends could provide insights into the local economy’s health and the viability of agricultural ventures.
Number of Mortgages by Occupancy Type in Graham County, KS Over the Last 5 Years in Graham County
In Graham County, Kansas, the number of mortgages for principal residences have seen some fluctuations but generally remains the majority, with a noticeable peak in 2021 at 38. Investment property mortgages exhibit more variability, peaking at 7 in 2020 but dropping to just 1 in 2022. Second residences have the least activity, with minimal changes over the years. Variations in occupancy types can signal shifting priorities or economic factors affecting the county, crucial for investors gauging market health, appraisers evaluating property values, and insurance agents assessing risk. Knowing the dominant occupancy type trends can guide real estate professionals and builders in targeting their services and products effectively.
Economic Outlook
Graham County, Kansas has had notable volatility in average taxable income per tax return, bouncing from a $50,600.78 high in 2014 to a $36,150.00 low in 2016, and rebounding to $55,189.83 by 2021. Average state and local income taxes also show fluctuations, dropping from $8,783.33 in 2012 to $4,487.50 in 2015, with a slight recovery to $5,562.50 in 2017. The average total tax liability per tax return echoed this pattern, peaking at $8,868.13 in 2012 and bottoming out at $5,604.80 in 2018,... Read more
Average Taxable Income per Tax Return in Graham County, KS over the last 9 years
Graham County, Kansas has shown considerable fluctuations in average taxable income per tax return over the last nine years. From a high of $50,600.78 in 2014, the county saw a significant dip to $36,150.00 by 2016, but recent data suggests a recovery with 2021 reporting an impressive rebound to $55,189.83. This volatility might suggest fluctuating economic conditions, which is crucial for potential investors or new residents assessing the area's financial stability. Understanding these patterns can be vital for informed decision-making regarding investments and relocation plans.
Average State and Local Income Taxes Per Tax Return in Graham County, KS Over the Last 7 Years
Over the last seven years, Graham County, Kansas has seen a notable fluctuation in average state and local income taxes per tax return. Starting at $8,783.33 in 2012, there's been a significant drop to $5,500.00 by 2014, and further down to $4,487.50 in 2015. The numbers slightly rebounded to $5,562.50 in 2017, but remain below the initial high. This trend could signal changing economic conditions or tax policy, impacting potential investors, residents, and property developers by providing insight into the fiscal landscape and its implications for cost of living and business investment.
Average Total Tax Liability Per Tax Return in Graham County, KS Over the Last 10 Years
Over the last decade, the average total tax liability per tax return in Graham County, Kansas has shown significant fluctuations. From a high of roughly $8,868.13 in 2012, it experienced a marked decrease, hitting its lowest point around $5,604.80 in 2018. While there has been some recovery, with values approaching $7,758.43 by 2021, the volatility might be a point of concern for investors and potential residents. These trends hint at underlying economic shifts that stakeholders might want to consider when evaluating the stability and financial health of the area.
Cost of Living in Graham County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,052 | $1,432 | $2,183 | $966 | $1,254 |
| 1 adult 4 children | $1,052 | $1,169 | $1,671 | $966 | $1,353 |
| 2 adults 3 children | $1,052 | $1,170 | $1,893 | $966 | $1,008 |
| 1 adult 3 children | $1,052 | $955 | $1,381 | $966 | $1,081 |
| 2 adults 2 children | $788 | $957 | $1,603 | $837 | $852 |
| 1 adult 2 children | $788 | $715 | $1,091 | $837 | $770 |
| 2 adults 1 child | $788 | $757 | $1,313 | $419 | $780 |
| 1 adult 1 child | $788 | $489 | $801 | $419 | $650 |
| 2 adults | $599 | $608 | $1,023 | $0 | $667 |
| 1 adult | $584 | $332 | $511 | $0 | $580 |
Safety trends & Data
Over the past five years, Graham County, Kansas, has experienced fluctuating property crime rates, with notable dips in larceny-theft and motor vehicle theft. For instance, 2018 saw just two larceny-theft incidents, and motor vehicle theft was only reported once in 2020. Although fraud peaked at six reports in 2018, it decreased to four in 2019. By 2022, burglary instances were low, recorded at only two. This generally low and variable crime rate might suggest a more appealing and safer... Read more
Property Crime Trends in Graham County, KS Over the Last 5 Years
The last five years in Graham County, Kansas, have shown varied trends in property crimes. In 2018, larceny-theft incidents were notably low, with only two recorded cases, while fraud peaked at six. Fraud reports then decreased to four in 2019. Motor vehicle theft was minimal in 2020 with a single case, similar to vandalism in 2021. By 2022, burglary emerged with two instances. For those eyeing investment or real estate, this data highlights a generally low and fluctuating property crime rate, a potentially favorable sign for the area's desirability and safety.
Demographics
Graham County, Kansas, showcases a slightly higher female population compared to males. Educationally, high school graduates form the majority, hinting at potential gaps in higher education attainment. The age distribution reveals a significant elderly demographic, with those aged 55 and above making up a substantial portion, suggesting an aging population. Racially, the county is predominantly White, with a minor representation from other racial groups, indicating limited racial... Read more
Race Distribution in Graham County, Kansas (2022)
Educational Attainment in Graham County, Kansas (2022)
Age Distribution in Graham County, Kansas
Citizen Population in Graham County, Kansas (2022)
Political Trends & Data
Graham County, Kansas potentially exhibits a strong conservative bent, with Republicans perhaps securing near 81% of the vote in the 2020 U.S. presidential election. Democrats might have earned around 17%, and Libertarians just over 2%. This conservative leaning could influence local political strategies and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Graham County in Kansas likely exhibited strong Republican support in the 2020 U.S. presidential election, with the party possibly securing about 81% of the vote. Democrats potentially garnered around 17%, while Libertarian candidates might have collected just over 2%. This pattern suggests a predominantly conservative voter base in this region, which could impact future political strategies and alignments within the county.
80.78% of voters voted for the Republican party in the 2020 Presidential Election
17.05% of voters voted for the Democrat party in the 2020 Presidential Election
2.17% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Graham County, Kansas has experienced varied student-to-teacher ratios over the past decade, moving from nearly 12 students per teacher in 2014 to over 14 in 2023. This trend aligns closely with the national average of 14 students per teacher, which could signal potential resource allocation challenges or benefits for families seeking more individualized attention in education. Such fluctuations may impact the local real estate market, as educational quality often plays a crucial role in real... Read more
Student-to-teacher ratio in Graham County, Kansas over the last 10 years
Graham County, Kansas has seen some fluctuations in its student-to-teacher ratio over the past decade, ranging from a low of nearly 12 students per teacher in 2014 to a peak of over 14 students per teacher in 2023. This nearly matches the current U.S. national average of 14 students per teacher, indicating a trend towards larger class sizes. For those looking to invest, move to, or work in the local education sector, these ratios could potentially influence decisions; larger class sizes might suggest resource allocation challenges, while smaller ratios may imply more individualized attention for students. This variation could also affect the local real estate market, as families often consider educational quality when choosing where to live.
