Hodgeman County Real Estate and Livability Trends
Hodgeman County, Kansas shows intriguing economic and real estate patterns; average taxable incomes fell to $45,068.60 in 2016 but surged to $67,120.73 by 2021. Home values peaked at $93,400 in 2020 before settling at $86,100 in 2022, well below state and national averages, suggesting affordability. Rising real estate taxes hint at higher property values or tax rates, a critical factor for... Read more
Hodgeman County Market Trends
Hodgeman County, Kansas, saw median home values fluctuate, peaking at $93,400 in 2020 and stabilizing at $86,100 in 2022, making it significantly more affordable than both state and national averages. Real estate taxes have steadily increased, suggesting rising property values or tax rates, a key consideration for potential investors and buyers. Farm tax returns indicate a stable but slightly... Read more
Median Value of Occupied Housing Units in Hodgeman County, Kansas Over the Last 8 Years
Hodgeman County, Kansas has experienced fluctuating median home values over the past eight years, peaking at $93,400 in 2020 and dropping to $76,800 in 2021 before stabilizing at $86,100 in 2022. When compared to Kansas state-wide trends, which saw a consistent rise to $189,300 in 2022, and the national level, where values reached $179,400, Hodgeman County remains significantly more affordable. This volatility and lower baseline could suggest potential for growth for investors or new residents seeking lower entry costs in a fluctuating housing market.
Average Real Estate Taxes Per Tax Return in Hodgeman County, KS Over the Last 8 Years
Over the past eight years, Hodgeman County, Kansas has seen a notable trend of increasing average real estate taxes per tax return, starting from about $1,738.46 in 2012 and climbing to approximately $3,200.00 by 2019. This steady increase, with a few fluctuations, suggests a possible rise in property values or tax rates, which might affect decisions for potential investors, homebuyers, and property developers. This trend could also play a significant role for appraisers and insurance agents in assessing property risks and values, while real estate agents might use this data to better advise their clients on the financial considerations of living or investing in the area.
Percentage of Farm Returns in Hodgeman County, KS Over the Last 10 Years
In Hodgeman County, Kansas, the percentage of farm tax returns has shown a subtle yet consistent fluctuation over the past decade, generally hovering between 27.47% and 31.03%. Farm tax returns indicate the proportion of tax filings attributable to agriculture-related incomes, hinting at the economic activities underpinning the local economy. This marginal downward trend might suggest evolving economic conditions or shifts in agricultural productivity and participation. For investors or individuals considering engagement with the local agriculture industry, these figures could provide critical insights into the area's economic health and the stability of agricultural investments.
Number of Mortgages by Occupancy Type in Hodgeman County, KS Over the Last 5 Years in Hodgeman County
Hodgeman County, Kansas has seen a noticeable increase in the number of mortgages for principal residences over the last five years, peaking at 53 in 2021. Investment properties, conversely, have represented a minuscule portion of total mortgages during this period. Shifts in the types of occupancy can suggest changes in the local economy and housing market appeal, impacting decisions for investors, developers, insurers, and real estate professionals. An uptick in principal residence mortgages may imply greater confidence in the area’s living conditions and long-term stability, potentially signaling to investors and newcomers that it's a thriving residential market. For appraisal and insurance purposes, understanding these trends can provide critical context regarding property values and associated risk levels.
Economic Outlook
Hodgeman County, Kansas has experienced varying average taxable incomes, with a dip to $45,068.60 in 2016 and a strong recovery to $67,120.73 by 2021. Coupled with significant fluctuations in state and local income taxes—ranging from $7,042.86 in 2012 to $3,100.00 in 2018—these trends hint at a dynamic economic environment. Real estate investors and potential residents may find the recent rise in average taxable incomes and the volatility in tax burdens, which reached $9,395.52 in 2021,... Read more
Average Taxable Income per Tax Return in Hodgeman County, KS over the last 9 years
Hodgeman County, Kansas has seen fluctuating average taxable incomes over the past nine years, with a noticeable dip in 2016 to $45,068.60 but recovering significantly by 2021, reaching $67,120.73. This recent upward trend suggests a potentially improving local economy, which might be of interest to investors or individuals considering relocating or building property in the county.
Average State and Local Income Taxes Per Tax Return in Hodgeman County, KS Over the Last 8 Years
Hodgeman County, Kansas has seen significant fluctuations in average state and local income taxes per tax return over the last eight years, ranging from a high of $7,042.86 in 2012 to a low of $3,100.00 in 2018. While there was a notable dip to $3,400.00 in 2014, subsequent years showed a mix of rises and falls, peaking again at $5,666.67 in 2019. For investors, potential residents, or developers, this variability suggests a dynamic fiscal landscape that could impact financial planning and decision-making.
Average Total Tax Liability Per Tax Return in Hodgeman County, KS Over the Last 10 Years
Over the past decade, Hodgeman County, Kansas has seen fluctuation in average total tax liability per tax return. While the liability peaked at $9,395.52 in 2021, it tumbled to its lowest in 2016 at $6,661.90. Interestingly, this makes evident the volatility in tax burdens, which may offer potential advantages to investors or newcomers, suggesting periods of lower tax pressure amidst the general upward trend.indsight into these shifts could inform investment decisions or considerations for relocation, providing a data-backed context on financial expectations in the county.
Cost of Living in Hodgeman County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,117 | $1,351 | $2,223 | $966 | $1,340 |
| 1 adult 4 children | $1,117 | $1,103 | $1,702 | $966 | $1,458 |
| 2 adults 3 children | $1,117 | $1,104 | $1,927 | $966 | $1,094 |
| 1 adult 3 children | $1,117 | $901 | $1,407 | $966 | $1,185 |
| 2 adults 2 children | $791 | $904 | $1,632 | $837 | $898 |
| 1 adult 2 children | $791 | $675 | $1,111 | $837 | $860 |
| 2 adults 1 child | $791 | $714 | $1,336 | $419 | $845 |
| 1 adult 1 child | $791 | $461 | $816 | $419 | $712 |
| 2 adults | $601 | $574 | $1,041 | $0 | $725 |
| 1 adult | $586 | $313 | $521 | $0 | $608 |
Demographics
In Hodgeman County, Kansas, the adult population leans slightly towards females. Educational attainment reflects a diverse spread, with many residents having completed high school, and a considerable portion holding bachelor's degrees. Age distribution shows a significant number of residents in the 55 to 64 age bracket, potentially indicating an aging population. Racial homogeneity seems prevalent, with a substantial majority identifying as White and minimal representation from other races.... Read more
Race Distribution in Hodgeman County, Kansas (2022)
Educational Attainment in Hodgeman County, Kansas (2022)
Age Distribution in Hodgeman County, Kansas
Citizen Population in Hodgeman County, Kansas (2022)
Political Trends & Data
Hodgeman County, Kansas, displayed a strong conservative leaning in the 2020 presidential election, with approximately 84% of voters supporting the GOP. Democrats garnered nearly 15% of the vote, and Libertarians had around 1.5%. This marked disparity underscores a robust preference for conservative policies within the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Hodgeman County, Kansas, leaned heavily Republican in the 2020 presidential election, with close to 84% of voters casting their ballots for the GOP. Democrats trailed significantly, securing just under 15% of the vote, while Libertarians captured a small fraction at around 1.5%. This stark contrast highlights a strong conservative preference in the county's political landscape.
83.73% of voters voted for the Republican party in the 2020 Presidential Election
14.74% of voters voted for the Democrat party in the 2020 Presidential Election
1.53% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Hodgeman County, Kansas has generally stayed around 10 students per teacher, with a recent uptick to 12 in 2023. This remains below the national average of 14, which could signal smaller class sizes and possibly more personalized attention for students. Such an educational environment may appeal to families considering a move and can provide valuable selling points for real estate agents. Developers and investors could also find these trends useful for gauging... Read more
Student-to-teacher ratio in Hodgeman County, Kansas over the last 10 years
The student-to-teacher ratio in Hodgeman County, Kansas saw some fluctuations over the past decade, generally hovering around 10 students per teacher until a noticeable increase in the last three years, peaking at 12 in 2023. This ratio remains consistently below the national average of 14 students per teacher, potentially indicating smaller class sizes and possibly more individualized attention for students. Such trends might be particularly appealing for families considering relocation and for appraisers or real estate agents highlighting the area's educational environment. For those in property development and investment, understanding these dynamics can offer insights into community demands and future growth opportunities.
