Greenwood County Real Estate and Livability Trends
Greenwood County, Kansas showcases promising economic growth with average taxable incomes peaking at $53,352.92 in 2021, despite occasional dips. Median home values, though fluctuating, reached $67,700 in 2021, which, under state and national averages, could offer affordable investment opportunities despite potential market volatility. The property market experiences rising real estate taxes,... Read more
Greenwood County Market Trends
Greenwood County, Kansas, has seen its median home values fluctuate, peaking at $67,700 in 2021 but still trailing state and national averages, which might highlight an opportunity for affordable investments despite potential market volatility. Residential energy tax credits have varied, peaking at $300.00 in 2014, suggesting evolving energy efficiency interests that could affect property... Read more
Median Value of Occupied Housing Units in Greenwood County, Kansas Over the Last 8 Years
Greenwood County, Kansas, has seen considerable fluctuations in the median value of occupied housing units over the past eight years, rising from $57,200 in 2015 to a peak of $67,700 in 2021 before a slight decline to $64,900 in 2022. When compared to Kansas as a whole and the national trend, Greenwood County remains significantly below both. State median values increased from $132,000 in 2015 to $189,300 in 2022, while national figures have soared from $125,500 to $179,400 in the same period. This could suggest an opportunity for more affordable housing investments in Greenwood County, yet the fluctuations might indicate market volatility that potential investors should be cautious about.
Residential Energy Tax Credit Per Tax Return in Greenwood County, KS Over the Last 4 Years
Greenwood County, Kansas has experienced some fluctuations in residential energy tax credits over the past four years. After starting at $200.00 per tax return in 2013, the average jumped to $300.00 in 2014, then dipped to approximately $233.33 in 2015 before rising to around $266.67 in 2016. This variability might suggest evolving energy efficiency initiatives or changes in resident participation in energy-saving programs. For potential investors or property developers, these figures could point to an active interest in energy efficiency upgrades among homeowners, which may influence future property valuations and marketability.
Average Real Estate Taxes Per Tax Return in Greenwood County, KS Over the Last 10 Years
In Greenwood County, Kansas, real estate taxes per tax return have shown a general upward trend over the last decade, peaking in 2020 at $3,920.00 before slightly decreasing to $3,200.00 in 2021. This steady increase suggests a rising cost of property ownership, which could impact the decision-making process for investors, prospective homeowners, and real estate agents. Understanding these trends is crucial for appraisers and insurance agents who need to assess property values and risks accurately. Those involved in building and developing property should also take note, as these tax trends may influence project budgeting and long-term returns.
Percentage of Farm Returns in Greenwood County, KS Over the Last 10 Years
Greenwood County, Kansas has shown relatively consistent farm tax return percentages over the past decade, hovering around the 14% mark. Notable fluctuations occurred in 2018 with a peak at approximately 14.44%, suggesting potential years of higher profitability or increased agricultural activity. Conversely, a slight drop in 2019 and subsequent years reflects minor downturns, ending at about 13.35% in 2021. These trends might warrant consideration for investors or those building property, as agricultural stability can indicate broader economic health in the county.
Number of Mortgages by Occupancy Type in Greenwood County, KS Over the Last 5 Years in Greenwood County
In Greenwood County, Kansas, the mortgage count for Principal Residences significantly outpaces Investment and Second Residences over the past five years. The number of Principal Residence mortgages ranged between 116 and 158 annually, showing a dominant presence despite fluctuations. Interestingly, Investment Property mortgages held relatively steady until a notable drop in 2022. Second Residence mortgages stayed consistently low, peaking slightly in 2020. These trends could suggest a stable and primarily residential-focused real estate market, where housing demand remains strong. Investors and insurance agents might want to note the steadiness in principal residence investments as a sign of market stability, while the dip in investment properties in 2022 may indicate changing investor confidence or market saturation.
Economic Outlook
Greenwood County, Kansas, shows promising signs of economic growth, with the average taxable income per tax return peaking at $53,352.92 in 2021, despite occasional dips like the $41,697.12 seen in 2016. State and local income taxes also reflect this trend, peaking at $8,700.00 in 2020 after earlier fluctuations. The overall rise in taxes and income suggests strong economic opportunities, appealing for investment and property development. Trends like these are vital for understanding long-term... Read more
Average Taxable Income per Tax Return in Greenwood County, KS over the last 9 years
Over the past nine years, the average taxable income per tax return in Greenwood County, Kansas has shown varying trends, peaking at $53,352.92 in 2021 and generally maintaining a steady increase. Despite some fluctuations, such as a dip in 2016 to $41,697.12, the overall trajectory suggests a rising income, making Greenwood County potentially attractive for investment and property development. This could indicate burgeoning economic opportunities and a strengthening local economy which community residents and prospective movers might find appealing.
Average State and Local Income Taxes Per Tax Return in Greenwood County, KS Over the Last 10 Years
In the past decade, Greenwood County, Kansas has seen a notable fluctuation in average state and local income taxes per tax return. Starting at $6,116.67 in 2012, the amount dipped to $4,460.87 by 2014, followed by a steady increase, peaking at $8,700.00 in 2020. This rise in taxes can indicate growing incomes or changes in tax policies, impacting decisions for investors and residents alike. Such trends are crucial for anyone considering property investments or relocation to better understand the long-term economic environment and potential financial responsibilities in Greenwood County.
Average Total Tax Liability Per Tax Return in Greenwood County, KS Over the Last 10 Years
Greenwood County, Kansas, has seen fluctuations in the average total tax liability per tax return over the past decade, with values ranging from around $5,839.25 to $7,681.37. Notable dips occurred in 2018 and 2019, but there was a significant increase by 2021. This trend might reflect changing economic conditions or policy shifts affecting local taxpayers and could be crucial for potential investors or new residents trying to gauge financial commitments in the area.
Cost of Living in Greenwood County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $984 | $1,416 | $1,857 | $966 | $1,065 |
| 1 adult 4 children | $984 | $1,156 | $1,419 | $966 | $1,163 |
| 2 adults 3 children | $984 | $1,156 | $1,611 | $966 | $854 |
| 1 adult 3 children | $984 | $944 | $1,174 | $966 | $915 |
| 2 adults 2 children | $788 | $947 | $1,365 | $837 | $765 |
| 1 adult 2 children | $788 | $707 | $928 | $837 | $683 |
| 2 adults 1 child | $788 | $748 | $1,120 | $419 | $710 |
| 1 adult 1 child | $788 | $483 | $683 | $419 | $599 |
| 2 adults | $603 | $601 | $874 | $0 | $614 |
| 1 adult | $584 | $328 | $437 | $0 | $547 |
Safety trends & Data
Greenwood County, Kansas has experienced fluctuating property crime trends over the past five years, which could influence the real estate market. Fraud incidents spiked in 2019 with 8.0 cases but decreased in later years. Burglary saw an increase in 2020 to 5.0 cases before stabilizing. Vandalism peaked in 2021 at 7.0 cases, slightly decreasing to 6.0 in 2022. Motor vehicle thefts and larceny-theft cases showed minor variations but remained mostly consistent. For investors, developers, and... Read more
Property Crime Trends in Greenwood County, KS Over the Last 5 Years
Greenwood County, Kansas has seen fluctuating trends in property crime over the past five years. Notably, fraud incidents spiked in 2019 with 8.0 cases but saw a decrease in subsequent years. Burglary cases were relatively low in 2018 and 2019 but increased to 5.0 in 2020 before stabilizing. Vandalism incidents saw a significant rise in 2021 to 7.0 cases and slightly decreased to 6.0 in 2022. Motor vehicle thefts and larceny-theft cases remained relatively consistent, with minor variations. Investors, developers, and real estate agents may view the rising and falling crime patterns as a critical aspect when assessing the safety and marketability of properties in Greenwood County.
Demographics
Greenwood County, Kansas, shows a fairly balanced gender distribution among adults with males slightly outnumbering females. The majority of residents have completed high school or some college, reflecting a community where basic education is prioritized. The population skews older, with significant numbers in the 55 to 64 and 65 to 74 age brackets, suggesting a mature community. With a predominantly White population, the county's racial diversity is limited, highlighting a demographic trend... Read more
Race Distribution in Greenwood County, Kansas (2022)
Educational Attainment in Greenwood County, Kansas (2022)
Age Distribution in Greenwood County, Kansas
Citizen Population in Greenwood County, Kansas (2022)
Political Trends & Data
Greenwood County, Kansas, exhibits a strong Republican leaning, as reflected in the 2020 U.S. Presidential Election results. This overwhelming preference for conservative values could influence local real estate market trends, potentially attracting buyers who align with similar political and lifestyle ideologies. With Democrats and other parties garnering significantly less support, this trend might suggest a stable, homogeneous community appealing to those seeking a politically uniform... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Greenwood County, Kansas, the 2020 U.S. Presidential Election showed an overwhelming preference for the Republican party, which possibly reflected broader regional or rural trends. The Democrats garnered significantly less support, and other parties, including the Libertarian and Green parties, had minimal impact. This strong Republican leaning could hint at consistent conservative values in the area.
79.43% of voters voted for the Republican party in the 2020 Presidential Election
18.49% of voters voted for the Democrat party in the 2020 Presidential Election
2.08% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Greenwood County, Kansas has seen its student-to-teacher ratio increase from eight in 2014 to eleven in 2023, although it's still below the national average of 14. These trends are crucial for potential investors and real estate agents, as lower ratios might signal better educational outcomes due to more personalized attention. Insurance agents and appraisers could view this as a sign of community investment in education, possibly affecting property values. For property developers, these shifts... Read more
Student-to-teacher ratio in Greenwood County, Kansas over the last 10 years
The student-to-teacher ratio in Greenwood County, Kansas has shown an increasing trend over the past decade, starting at eight in 2014 and rising to eleven in 2023. This ratio, while steadily climbing, is still below the national average of 14 students per teacher. These changes might be significant for potential investors, real estate agents, and those considering relocating to the area, as lower student-to-teacher ratios could suggest more personalized attention in classrooms, potentially enhancing educational outcomes. Insurance agents and appraisers might also view these ratios as an indicator of community investment in education, which can correlate with property values. For those building property, understanding these trends could shed light on future demands for educational infrastructure.
