Lane County Real Estate and Livability Trends
Lane County, Kansas has experienced significant fluctuations in its real estate market, with average home values spiking to $90,800 in 2019, dipping to $75,100 in 2020, and rising back to $82,300 by 2022. Average real estate taxes have also generally increased, suggesting higher financial burdens for property owners. Mortgage trends show a strong preference for principal residences, peaking at 23... Read more
Lane County Market Trends
Lane County, Kansas has shown a somewhat erratic trend in median home values, spiking to $90,800 in 2019, dipping to $75,100 in 2020, and then rising to $82,300 by 2022, contrasting with the steadier state and national markets. Average real estate taxes have generally increased, from approximately $2016.67 in 2015 to $2833.33 in 2017, signaling higher financial burdens for property owners. Farm... Read more
Median Value of Occupied Housing Units in Lane County, Kansas Over the Last 8 Years
Lane County, Kansas has shown fluctuating trends in median home values over the past eight years, with a noticeable spike to $90,800 in 2019 followed by a dip to $75,100 in 2020, and a subsequent rise to $82,300 by 2022. Compared to the state of Kansas, where median values have steadily increased from $132,000 in 2015 to $189,300 in 2022, Lane County's housing market appears less consistent. On a broader scale, national median home values have almost doubled, growing from $125,500 in 2015 to $179,400 in 2022. These insights could suggest a more volatile local market in Lane County relative to state and national trends, potentially offering opportunities or risks for buyers, investors, and property developers.
Average Real Estate Taxes Per Tax Return in Lane County, KS Over the Last 9 Years
Lane County, Kansas has experienced trends indicating a rise in average real estate taxes per tax return over the past nine years. Most notable are the jumps between 2015 and 2017, where real estate taxes increased from approximately $2016.67 to $2833.33. Although there was a slight dip from 2018 to 2020, the overall upward trend suggests increasing financial demands on property owners. This likely indicates either rising property values or changes in tax rates, which could be critical for prospective investors and homeowners to consider.
Percentage of Farm Returns in Lane County, KS Over the Last 10 Years
Lane County, Kansas has seen some variability in farm tax returns over the past decade, with percentages generally hovering around 20%. Starting at approximately 21.11% in 2012, there was a slight dip to around 19.78% in 2013. This fluctuation continued, but the returns mostly stayed within a narrow margin, reaching about 20.12% by 2021. For those considering agricultural investments, residential moves, or construction in the area, this steadiness might suggest a relatively stable farming economy, despite small year-to-year changes. Farm tax returns, which typically measure the profitability and economic health of farming activities, offer key insights into local agricultural viability, potentially impacting land values and economic opportunities in the county.
Number of Mortgages by Occupancy Type in Lane County, KS Over the Last 5 Years in Lane County
Lane County, Kansas has seen varying mortgage trends over the past five years, particularly in the context of occupancy type. Principal residences have consistently dominated, peaking at 23 mortgages in 2020, which may reflect a stable or growing local population with a preference for homeownership. In contrast, investment property mortgages have remained minimal, with no more than two per year, suggesting limited real estate investment activity. These trends could imply potential opportunities for growth in the investment property market, presenting avenues for investors. Lower investment interest might also affect the valuation dynamics and risk assessment, influencing appraisals and insurance underwriting. Real estate agents and developers might focus on promoting investment incentives or supporting the strong demand for principal residences.
Economic Outlook
In Lane County, Kansas, average taxable income per tax return experienced notable fluctuations over the past nine years, beginning at $56,826.37 in 2013 and dropping to $42,079.52 in 2019 before recovering to $58,943.21 in 2021. State and local income taxes also varied significantly, with figures dropping from $8,915.38 in 2012 to $4,187.50 in 2015 and rising again to $6,950.00 by 2019. Additionally, average total tax liabilities peaked at $11,307.14 in 2012, dipped to $6,369.35 in 2016, and... Read more
Average Taxable Income per Tax Return in Lane County, KS over the last 9 years
Over the past nine years, average taxable income per tax return in Lane County, Kansas has shown noticeable fluctuations. Starting at around $56,826.37 in 2013, the average taxable income saw a dip, hitting a low point of approximately $42,079.52 in 2019. However, 2021 marked a strong recovery with the figure rising to about $58,943.21. Investors and potential residents might find these changes significant, as they may reflect broader economic shifts and opportunities in the region.
Average State and Local Income Taxes Per Tax Return in Lane County, KS Over the Last 8 Years
Lane County, Kansas has seen a significant fluctuation in average state and local income taxes per tax return over the past eight years. Starting at a high of $8,915.38 in 2012, taxes dropped to their lowest point of $4,187.50 by 2015, before gradually rising again to $6,950.00 in 2019. This trend suggests a period of financial readjustment in the mid-2010s, potentially providing valuable insights for investors and new residents considering the economic landscape and tax implications of settling in Lane County.
Average Total Tax Liability Per Tax Return in Lane County, KS Over the Last 10 Years
Over the past decade, Lane County, Kansas saw fluctuating average tax liabilities, with a peak of $11,307.14 in 2012 and a low of $6,369.35 in 2016. This variability possibly reflects changing economic conditions and tax policies. Recently, there's been a modest uptick, with 2021 showing an average liability of $7,960.61, which might indicate economic recovery or policy shifts. Investors and potential residents may find this trend indicative of a dynamically shifting economic environment, suggesting both opportunities and potential risks.
Cost of Living in Lane County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $959 | $1,347 | $2,183 | $966 | $1,191 |
| 1 adult 4 children | $959 | $1,100 | $1,671 | $966 | $1,290 |
| 2 adults 3 children | $959 | $1,101 | $1,893 | $966 | $956 |
| 1 adult 3 children | $959 | $898 | $1,381 | $966 | $1,027 |
| 2 adults 2 children | $788 | $901 | $1,603 | $837 | $851 |
| 1 adult 2 children | $788 | $673 | $1,091 | $837 | $802 |
| 2 adults 1 child | $788 | $712 | $1,313 | $419 | $802 |
| 1 adult 1 child | $788 | $460 | $801 | $419 | $656 |
| 2 adults | $599 | $572 | $1,023 | $0 | $671 |
| 1 adult | $584 | $312 | $511 | $0 | $584 |
Safety trends & Data
Lane County, Kansas, has seen varied property crime activity over the past five years, with noticeable spikes in 2020 due to vandalism incidents. Consistent larceny-theft suggests it could be a primary concern, while other crimes like motor vehicle theft and burglary occur sporadically. This might indicate that targeted investment in community security could be effective, making the area appealing for new residents and investors focused on safety... Read more
Property Crime Trends in Lane County, KS Over the Last 5 Years
Lane County, Kansas, has shown relatively low but varied property crime activity over the past five years. There were noticeable spikes in 2020 with vandalism incidents peaking at three. Larceny-theft appears consistently each year, suggesting it might be a primary concern, while other crimes like motor vehicle theft, fraud, and burglary have sporadic occurrences. This trend might suggest targeted investment in community security and preventative measures could be effective, making the area potentially appealing for new residents, investors, and developers focusing on safety enhancements.
Demographics
In Lane County, Kansas, the gender distribution is nearly balanced with a slight female majority. High school education remains the most common level of attainment, but a significant number of adults have pursued some college education without earning a degree. The age demographic skews older, with the largest group aged between 55 and 64 years. The racial makeup is predominantly White, with very small proportions of other races, highlighting limited racial diversity in the... Read more
Race Distribution in Lane County, Kansas (2022)
Educational Attainment in Lane County, Kansas (2022)
Age Distribution in Lane County, Kansas
Citizen Population in Lane County, Kansas (2022)
Political Trends & Data
Lane County, Kansas, exhibited a striking conservative tilt in the 2020 U.S. Presidential Election. Approximately 85% of votes were cast for the Republican Party, with Democrats securing around 13% and Libertarians grabbing close to 2%. This data underscores a prevailing conservative inclination in the region, aligning with wider trends across... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Lane County, Kansas, saw a significant leaning towards the Republican Party in the 2020 U.S. Presidential Election, with roughly 85% of votes cast in their favor. Democrats captured around 13%, while Libertarians collected just about 2%. The remaining votes went to other parties, though these were minimal. This suggests a strong conservative preference in the county, which is indicative of broader regional political trends in Kansas.
85.14% of voters voted for the Republican party in the 2020 Presidential Election
12.85% of voters voted for the Democrat party in the 2020 Presidential Election
2.01% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Lane County, Kansas maintains a student-to-teacher ratio between nine to eleven students per teacher, compared to the national average of fourteen. This lower ratio might indicate higher educational quality with more personalized attention for students, making the area more attractive to families prioritizing education. Consequently, this trend suggests a potentially stable and undervalued real estate market, appealing to agents, appraisers, and investors looking for long-term growth potential... Read more
Student-to-teacher ratio in Lane County, Kansas over the last 10 years
Lane County, Kansas has seen its student-to-teacher ratio fluctuate between approximately nine to eleven students per teacher over the past decade. Notably, while the national average hovers around fourteen students per teacher, Lane County maintains a significantly lower ratio. This trend could likely reflect positively on education quality, with smaller class sizes potentially providing more individualized attention and support for students. Additionally, these figures might make the region more appealing for families prioritizing education and for prospective real estate buyers looking for growth in community investment in schools. Lower student-to-teacher ratios may also impact property valuations and insurance considerations, suggesting a stable and potentially undervalued market. Real estate agents, appraisers, and investors might find this information particularly relevant when assessing the area's long-term value and growth potential.
