Gray County Real Estate and Livability Trends
Gray County, Kansas has seen a significant rise in median home values, jumping from $107,900 in 2015 to $162,400 in 2022, outpacing both state and national trends. The increase in residential energy tax credits suggests more homeowners are investing in energy-efficient upgrades. Real estate taxes have also climbed to $4,109.09 per tax return by 2021, hinting at higher property valuations. The... Read more
Gray County Market Trends
Gray County, Kansas has experienced a notable climb in median home values over the past eight years, from $107,900 in 2015 to $162,400 in 2022, outpacing broader trends in Kansas and the nation. The average residential energy tax credit per tax return has possibly doubled, suggesting more homeowners are investing in energy-efficient upgrades. Real estate taxes per tax return have steadily... Read more
Median Value of Occupied Housing Units in Gray County, Kansas Over the Last 8 Years
Gray County, Kansas appears to have experienced a significant climb in median home values over the past eight years, from $107,900 in 2015 to $162,400 in 2022. This local uptick outpaces the broader trends in Kansas as a whole, where the 2022 median was $189,300, and the national median climbed to $179,400 in the same period. For investors or future homeowners, this rapid appreciation in Gray County could indicate a burgeoning opportunity, potentially driven by local economic factors or housing demand that's slightly more aggressive than the state average.
Residential Energy Tax Credit Per Tax Return in Gray County, KS Over the Last 2 Years
Gray County, Kansas has seen a potential doubling in the average residential energy tax credit per tax return, rising from $200.00 in 2013 to $400.00 in 2015. This trend suggests that homeowners are maybe investing more in energy-efficient upgrades, which might indirectly indicate growing awareness or incentivization for sustainability. This could interest potential investors or buyers looking for eco-friendly communities and may also impact property values and insurance considerations due to the higher likelihood of modern energy systems in homes.
Average Real Estate Taxes Per Tax Return in Gray County, KS Over the Last 10 Years
Over the past decade, Gray County, Kansas has seen a steady increase in the average real estate taxes per tax return. Starting from $2,704.76 in 2012, the taxes have gradually risen, with a notable jump to $2,989.58 in 2015 and continuing upward to $4,109.09 in 2021. This trend could suggest a growing demand for property or increased property valuations, which could be of interest to investors, real estate agents, and potential homeowners. It might also influence appraisals and insurance premiums, reflecting the changing economic landscape of the county.
Percentage of Farm Returns in Gray County, KS Over the Last 10 Years
Gray County, Kansas has seen a relatively stable trend in the percentage of farm tax returns over the last decade, fluctuating around the 15% mark, though it recently dipped to approximately 13.84% in 2021. Farm tax returns, which indicate income reported by farms, can be an insightful metric for understanding the agricultural health and economic landscape of the county. For potential investors or those considering a move, the steady, if slightly declining, numbers suggest that while farming remains a significant part of the economy, it may be undergoing subtle shifts in viability or profitability.
Number of Mortgages by Occupancy Type in Gray County, KS Over the Last 5 Years in Gray County
In Gray County, Kansas, over the last five years, principal residences consistently dominate the mortgage market, with notable growth peaking at 185 mortgages in 2021, up from 100 in 2018. Investment properties constitute a much smaller share, fluctuating between 2 and 9 mortgages annually. Second residences are nearly negligible, with only minimal activity observed. These trends suggest a strong preference for owner-occupied homes, potentially reflecting a stable, community-focused population. For investors, the limited activity in investment properties might indicate either saturation or limited demand. Appraisers and insurance agents should note the primary emphasis on principal residences, potentially modifying valuation approaches and risk assessments. Real estate agents and developers could focus efforts on appealing to primary homebuyers given the steady demand in this category.
Economic Outlook
Gray County, Kansas has experienced notable economic shifts, with average taxable incomes per tax return ranging from $55,922.91 in 2016 to $78,802.92 in 2021. Significant increases in state and local income taxes, which rose from $7,560.66 in 2012 to $12,275.00 in 2021, reflect possible growth in average incomes or tax rates. Fluctuations in total tax liability, peaking at $13,523.01 in 2021, indicate varying economic conditions and tax regulations. These trends offer insights into the... Read more
Average Taxable Income per Tax Return in Gray County, KS over the last 9 years
Gray County, Kansas has seen varied shifts in average taxable income over the past nine years. From 2013 to 2021, average annual incomes per tax return ranged from a low of $55,922.91 in 2016 to a high of $78,802.92 in 2021, suggesting potential economic fluctuations. A significant jump in 2020, with an average income of $73,413.50, indicates substantial growth possibly related to pandemic-induced changes or local economic developments. This data may be crucial for investors and potential residents as it reflects the economic climate and income stability in the region.
Average State and Local Income Taxes Per Tax Return in Gray County, KS Over the Last 10 Years
Gray County, Kansas has experienced noticeable fluctuations in state and local income taxes over the past decade, with a significant uptick from $7,560.66 per tax return in 2012 to $12,275.00 in 2021. The most pronounced spikes occurred from 2018 to 2021, suggesting increased tax rates or possibly higher average incomes. This trend is crucial for potential investors and homeowners, as it reflects both economic growth and rising costs of living which could impact financial planning.
Average Total Tax Liability Per Tax Return in Gray County, KS Over the Last 10 Years
Average total tax liability per tax return in Gray County, Kansas, has shown notable fluctuations over the past decade. Starting at $11,882.94 in 2012, it dipped significantly to $9,680.28 by 2016. After some recovery, it reached its peak at $13,523.01 in 2021. These ups and downs reflect changing economic conditions and tax regulations, potentially impacting disposable income and investment decisions in the area. This data could be vital for potential investors and residents who value tax trends as an indicator of economic stability and growth prospects.
Cost of Living in Gray County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $973 | $1,351 | $2,409 | $966 | $1,279 |
| 1 adult 4 children | $973 | $1,103 | $1,846 | $966 | $1,372 |
| 2 adults 3 children | $973 | $1,104 | $2,088 | $966 | $1,031 |
| 1 adult 3 children | $973 | $901 | $1,525 | $966 | $1,098 |
| 2 adults 2 children | $788 | $904 | $1,767 | $837 | $898 |
| 1 adult 2 children | $788 | $675 | $1,204 | $837 | $851 |
| 2 adults 1 child | $788 | $714 | $1,446 | $419 | $843 |
| 1 adult 1 child | $788 | $461 | $884 | $419 | $688 |
| 2 adults | $659 | $574 | $1,126 | $0 | $728 |
| 1 adult | $584 | $313 | $563 | $0 | $614 |
Safety trends & Data
Property crime trends in Gray County, Kansas have shown some notable fluctuations over the past four years. Burglary incidents slightly rose from 2.0 in 2019 to 3.0 in both 2020 and 2021, while larceny-theft, the most common property crime, peaked at 7.0 in 2022 after dipping to 2.0 in 2020. Motor vehicle thefts remained minimal, and there was only one recorded incident of vandalism in 2021. These variations suggest a generally low but variable property crime rate, potentially impacting... Read more
Property Crime Trends in Gray County, KS Over the Last 4 Years
Gray County, Kansas has seen varying trends in property crimes over the last four years, with notable fluctuations in specific crime categories. Burglary incidents slightly increased from 2.0 in 2019 to 3.0 in both 2020 and 2021. Larceny-theft, the most common property crime, peaked at 7.0 in 2022 after dropping to 2.0 in 2020. Motor vehicle theft was minimal, and vandalism, recorded only in 2021, accounted for a single incident. This data might suggest a generally low but variable property crime rate, which could influence decisions by potential investors, new residents, real estate professionals, and insurance agents.
Demographics
Gray County, Kansas shows an almost evenly split adult population between males and females. The educational attainment reveals a significant portion of residents with high school diplomas or some college education, but there's also a notable group who haven't completed high school. The age distribution skews younger with a substantial number of children under 10 years, though there is still a decent representation across other age brackets. Racially, the population is predominantly white with... Read more
Race Distribution in Gray County, Kansas (2022)
Educational Attainment in Gray County, Kansas (2022)
Age Distribution in Gray County, Kansas
Citizen Population in Gray County, Kansas (2022)
Political Trends & Data
Gray County, Kansas, tends to lean significantly towards the Republican party, securing about 83.5% of the votes in the last presidential election. Democrats only managed to capture around 14.9%, with Libertarians barely making a dent at 1.6%. This pronounced conservative preference might influence the kind of policies and community initiatives you'll see in the area, possibly favoring less regulation and more market-driven... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Gray County, Kansas, shows a strong leaning towards the Republican party, capturing roughly 83.5% of the votes. Democrats trailed significantly, garnering approximately 14.9%, while Libertarians made up a small fraction at about 1.6%. This trend may suggest a highly conservative voter base in this area, which could shape the local political landscape and policy priorities.
83.52% of voters voted for the Republican party in the 2020 Presidential Election
14.90% of voters voted for the Democrat party in the 2020 Presidential Election
1.57% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Gray County, Kansas has typically maintained a low student-to-teacher ratio, averaging around nine students per teacher from 2014 to 2021. However, this number has risen to nearly twelve by 2023. This shift may indicate evolving educational policies, demographic changes, or funding adjustments impacting class sizes. For investors and prospective residents, this could suggest potentially more personalized classroom attention historically, but also hints at recent changes in the educational... Read more
Student-to-teacher ratio in Gray County, Kansas over the last 10 years
Gray County, Kansas has observed a relatively low student-to-teacher ratio over the past decade, consistently falling below the national average of fourteen students per teacher. The ratio generally hovered around nine students per teacher between 2014 and 2021, with slight fluctuations. However, there was a noticeable increase in the last couple of years, rising to nearly twelve by 2023. This shift could suggest evolving educational policies, demographic changes, or funding adjustments impacting class sizes. For investors, real estate agents, and those considering moving to the area, these figures might indicate potentially more personalized attention in classrooms but also point to possible recent changes in the educational landscape that could influence long-term strategic decisions.
