Grant County Real Estate and Livability Trends
Grant County, Kansas's real estate market has shown a notable upward trend in home values, rising impressively from $99,400 in 2015 to $147,800 in 2022. However, with rising property taxes increasing from $2,023.08 in 2012 to $3,500.00 in 2021, holding costs are becoming a notable consideration. Additionally, the market has seen a decline in farm returns and investment properties, suggesting... Read more
Grant County Market Trends
Home values in Grant County, Kansas have shown a consistent upward trend, peaking from $99,400 in 2015 to $147,800 in 2022. Though impressive, these values are still relatively affordable compared to the Kansas median and national figures. Residential energy tax credits per tax return have fluctuated, indicating shifting state policies or incentives for energy efficiency. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Grant County, Kansas Over the Last 8 Years
Home values in Grant County, Kansas have shown consistent growth over the last eight years, particularly peaking from $99,400 in 2015 to $147,800 in 2022. While the county’s growth is impressive, it remains lower than the overall Kansas median, which surged from $132,000 to $189,300 during the same period. Nationally, the median jumped from $125,500 in 2015 to $179,400 in 2022. This relatively affordable housing market could appeal to those looking to invest or settle in an upward-trending area without the steeper price tags seen statewide and nationally.
Residential Energy Tax Credit Per Tax Return in Grant County, KS Over the Last 4 Years
Grant County, Kansas has seen fluctuating residential energy tax credits per tax return over the past four years, with amounts ranging from $200.00 to $250.00. The initial decrease from $250.00 in 2013 to $200.00 by 2015 suggests a potential reduction in energy efficiency upgrades or changes in state policy. However, the slight rebound to $225.00 in 2016 could indicate a renewed interest or updated incentives for energy improvements. These trends might be crucial for appraisers, real estate agents, and potential property investors assessing the energy efficiency incentives in the area.
Average Real Estate Taxes Per Tax Return in Grant County, KS Over the Last 10 Years
Average real estate taxes per tax return in Grant County, Kansas have seen quite a notable increase over the past decade. Starting at $2,023.08 in 2012, they've risen sharply to $3,500.00 in 2021, peaking at $3,610.00 in 2020. This sharp upward trend could potentially indicate a concurrent rise in property values or increasing local government expenditures. For investors and homebuyers, this might hint towards higher holding costs, while appraisors and insurance agents might see an impact on property valuations and premiums. Real estate professionals could find this trend useful in setting client expectations about the potential costs of owning property in Grant County.
Percentage of Farm Returns in Grant County, KS Over the Last 10 Years
Over the past decade, Grant County in Kansas has observed a fluctuating trend in the percentage of farm returns, peaking at 6.58% in 2017 and gradually declining to 5.32% in 2021. Farm tax returns are filings made by agricultural enterprises to report income, expenses, and potentially claim various farm-related tax deductions. This metric is pivotal for potential investors, developers, and stakeholders as it could reflect the economic health of the county's agricultural sector, potentially affecting property values, local economic policies, and investment opportunities.
Number of Mortgages by Occupancy Type in Grant County, KS Over the Last 5 Years in Grant County
Over the last five years in Grant County, Kansas, the number of principal residence mortgages has shown fluctuations, peaking notably in 2021 with 182 mortgages. Investment properties have seen a decline from a high of 3 in 2018 and 2019 to just 1 in 2022, while second residences have consistently stayed low, never rising above 2 mortgages annually. These shifts in occupancy type could impact future property values, and might hint at changing resident priorities. For investors, this could alter the competitive landscape; for real estate agents and appraisers, it suggests a potential recalibration of property demand. Insurance agents might need to adjust risk assessments based on these occupancy trends.
Economic Outlook
Grant County, Kansas has experienced variable economic conditions over the past decade. While average taxable income per tax return dipped to $51,708.20 in 2015 and 2016, it rebounded significantly to $62,152.73 by 2021. Similarly, state and local income taxes have fluctuated, with marked peaks like $9,240.00 in 2019 and lows such as $4,547.73 in 2015, reflecting possible policy shifts. Overall, the general decline in average total tax liability per tax return from $9,572.22 in 2012 to... Read more
Average Taxable Income per Tax Return in Grant County, KS over the last 9 years
Grant County, Kansas, has seen some fluctuations in average taxable income per tax return over the past nine years. Starting at $55,088.11 in 2013, there was a dip in 2015 and 2016, going as low as $51,708.20. However, by 2021, average taxable income per tax return rose significantly to $62,152.73. This trend could indicate potential economic resilience and growth opportunities, making it an interesting consideration for investors and those looking to move or build property in the area.
Average State and Local Income Taxes Per Tax Return in Grant County, KS Over the Last 10 Years
Over the past decade, Grant County, Kansas has seen fluctuations in average state and local income taxes per tax return, with notable peaks in 2012 at $7,568.85 and 2019 at $9,240.00. The years 2014 to 2017 showed a downward trend, reaching a low of $4,547.73 in 2015 before rebounding. The sharp increases and periods of decline suggest economic events or policy changes impacting tax burdens. This variability in tax rates is crucial for potential investors and residents, indicating a need to stay informed on local fiscal developments.
Average Total Tax Liability Per Tax Return in Grant County, KS Over the Last 10 Years
Grant County, Kansas has seen a fluctuating but generally declining trend in average total tax liability per tax return over the past decade. From a high of approximately $9,572.22 in 2012, there was a notable drop to around $7,566.97 in 2020, before a slight rebound to $8,488.40 in 2021. This shift may suggest changes in economic conditions, tax policies, or income levels and could influence decisions for those considering investment, relocation, or property development in the area.
Cost of Living in Grant County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,067 | $1,335 | $2,409 | $966 | $1,243 |
1 adult 4 children | $1,067 | $1,090 | $1,846 | $966 | $1,329 |
2 adults 3 children | $1,067 | $1,091 | $2,088 | $966 | $1,000 |
1 adult 3 children | $1,067 | $890 | $1,525 | $966 | $1,059 |
2 adults 2 children | $788 | $893 | $1,767 | $837 | $841 |
1 adult 2 children | $788 | $667 | $1,204 | $837 | $774 |
2 adults 1 child | $788 | $706 | $1,446 | $419 | $790 |
1 adult 1 child | $788 | $456 | $884 | $419 | $638 |
2 adults | $599 | $567 | $1,126 | $0 | $660 |
1 adult | $584 | $309 | $563 | $0 | $573 |
Safety trends & Data
Grant County, Kansas has seen notable fluctuations in property crimes over the past five years. Incidents of burglary increased from 1 in 2018 to a peak of 4 in 2021, settling at 2 in 2022. Larceny-theft showed variation, peaking at 3 incidents in both 2020 and 2022, while newer crimes like motor vehicle theft appeared in 2022 with 2 reported cases. These trends may offer insights for investors, real estate agents, and insurance agents in assessing property values, potential risks, and making... Read more
Property Crime Trends in Grant County, KS Over the Last 5 Years
Investors, real estate agents, and insurance agents might find the trends in Grant County, Kansas particularly interesting. Over the past five years, we've seen fluctuations in various property crimes. Notably, incidents of burglary increased from 1 in 2018 to a peak of 4 in 2021 before settling at 2 in 2022. Larceny-theft has also shown notable variation, peaking at 3 incidents in both 2020 and 2022. It's worth mentioning that newer crimes like motor vehicle theft appeared in 2022 with 2 reported cases. These trends could offer insights into assessing property values, potential risks, and making informed decisions about investments or developments in the area.
Demographics
Grant County, Kansas has a fairly balanced gender ratio amongst adults and shows a higher number of males than females. When it comes to education, a significant portion of the population did not finish high school, although the majority has at least graduated high school or attended some college. Age distribution suggests a youthful community, with a noteworthy bulge in the under-10-years age group, which might indicate a need for robust educational and recreational services for children. The... Read more
Race Distribution in Grant County, Kansas (2022)
Educational Attainment in Grant County, Kansas (2022)
Age Distribution in Grant County, Kansas
Citizen Population in Grant County, Kansas (2022)
Political Trends & Data
Grant County, Kansas tends to lean heavily Republican, with around 77.4% support for the Republican candidate in the 2020 U.S. Presidential Election. The Democratic candidate received nearly 20.7%, reflecting a smaller yet relevant voter base. Libertarians made up about 1.9%, while Green Party presence was minimal. This political landscape can hint at broader regional preferences and priorities within the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Grant County in Kansas appears to lean heavily Republican, with roughly 77.4% of the vote likely going to the Republican candidate in the 2020 U.S. Presidential Election. The Democratic candidate, meanwhile, may have received around 20.7% of the vote, indicating a significantly smaller but still notable base. Libertarians, with an estimated 1.9%, seem to have a minor presence, while Green Party support is negligible at best. This distribution might underscore the political leanings and voter preferences in this county.
77.41% of voters voted for the Republican party in the 2020 Presidential Election
20.71% of voters voted for the Democrat party in the 2020 Presidential Election
1.88% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Grant County, Kansas, has seen its student-to-teacher ratio fluctuate between 14 and 16 over the past decade, generally staying just above the national average. This could suggest slightly larger class sizes, potentially impacting investors, real estate agents, and families evaluating the area. Additionally, the variations in classroom sizes may provide useful insights for insurance agents and appraisers when assessing property values and community... Read more
Student-to-teacher ratio in Grant County, Kansas over the last 10 years
In Grant County, Kansas, the student-to-teacher ratio has fluctuated over the past decade, peaking at 16 in 2017 and 2019, while dipping as low as 14 in 2018. The average ratio has generally hovered just above the national average of 14 students per teacher, which could indicate slightly larger class sizes compared to other regions in the United States. These variations in ratios might impact decisions for potential investors, real estate agents, and families considering relocation, as they could reflect the level of individual attention students receive in local schools. Additionally, insurance agents and appraisers might find this data useful for assessing community services and property values, as educational quality often correlates with these factors.