Lincoln County Real Estate and Livability Trends
Lincoln County, Kansas has experienced an intriguing rise in average taxable income per tax return, climbing from $40,142.11 in 2013 to $51,930.00 in 2021, suggesting economic growth. Median home values have also surged by 40.71%, reaching $94,100 in 2022, which is still below state and national medians. While local income taxes have shown variability, a resurgence in 2020 could impact financial... Read more
Lincoln County Market Trends
Lincoln County, Kansas has witnessed a 40.71% rise in median home values from $66,900 in 2015 to $94,100 in 2022, trending upwards yet still below state and national medians. Real estate taxes have fluctuated, with notable peaks and dips suggesting possible valuation changes or tax policy adjustments. Farm returns have remained mostly steady, indicating a consistent agricultural sector, and... Read more
Median Value of Occupied Housing Units in Lincoln County, Kansas Over the Last 8 Years
Lincoln County, Kansas has seen its median home values progressively climb from $66,900 in 2015 to $94,100 in 2022. This 40.71% increase signals a rising local demand or enhanced property value, though it still lags behind both Kansas and national medians, which were $189,300 and $179,400 respectively in 2022. For those keeping an eye on affordable investment options that show potential for future growth, Lincoln County presents a relatively low-cost entry point compared to broader state and national markets.
Average Real Estate Taxes Per Tax Return in Lincoln County, KS Over the Last 8 Years
Over the last eight years, Lincoln County, Kansas, has shown fluctuating average real estate taxes per tax return, with peaks around $2,620.00 in 2014 and $2,607.69 in 2017. Despite these highs, there's been a notable dip to $1,900.00 in 2018 and a slight rebound to $1,950.00 in 2020. Such variability in property taxes could imply changing valuations or adjustments in local tax policies, which would be of interest to investors, real estate agents, and those considering moving to the area. This dynamic environment might affect long-term financial planning for homeowners and potential buyers alike.
Percentage of Farm Returns in Lincoln County, KS Over the Last 10 Years
The last decade shows a mostly steady percentage of farm returns in Lincoln County, Kansas, hovering around 21.56% to 23.94%. The highest value was seen in 2017 with approximately 23.94%, indicating a slight peak in farm-related activities. Farm tax returns refer to the tax filings specifically from agricultural operations and are a useful indicator of the economic impact and volume of farming within a region. For investors or those contemplating a move, this trend signals a relatively stable agricultural economy, suggesting some level of resilience or consistency in farming activities over recent years. This stability might appeal to those interested in long-term agricultural investments or farming opportunities in the county.
Number of Mortgages by Occupancy Type in Lincoln County, KS Over the Last 5 Years in Lincoln County
Lincoln County, Kansas has shown a relatively stable number of mortgages for investment properties and second residences over the last five years, while mortgages for principal residences have fluctuated. A notable peak occurred in 2018 with 39 principal residence mortgages. This trend could imply a stable investment landscape but with varying demand for primary homes, which might indicate shifts in local living conditions or economic factors. Understanding these changes is crucial for investors, real estate agents, appraisers, insurance agents, and those considering relocation, as they reflect underlying socio-economic dynamics that can influence property values and risk assessments.
Economic Outlook
Lincoln County, Kansas has seen an upward trend in average taxable income per tax return over the past nine years, growing from $40,142.11 in 2013 to $51,930.00 in 2021, which could suggest economic growth and stability. The noticeable jump between 2019 and 2020, with income rising from $44,194.96 to $48,156.64, points to possibly increasing economic momentum. Over the past seven years, state and local income taxes per tax return in Lincoln County have shown variability, from a dip in 2015 to a... Read more
Average Taxable Income per Tax Return in Lincoln County, KS over the last 9 years
Lincoln County, Kansas has seen a generally upward trend in average taxable income per tax return over the past nine years, starting at $40,142.11 in 2013 and rising to $51,930.00 in 2021. This increase could suggest potential growth and stability, which may be promising for investors and those considering moving to the area. The notable jump between 2019 and 2020, from $44,194.96 to $48,156.64, indicates a possibly growing economic momentum despite broader market conditions, worth noting for developers and property builders.
Average State and Local Income Taxes Per Tax Return in Lincoln County, KS Over the Last 7 Years
Over the past seven years, Lincoln County, Kansas has seen a noticeable fluctuation in average state and local income taxes per tax return. Starting at $4,205.88 in 2012, the values dipped to $3,581.82 in 2015 before experiencing a resurgence, reaching $4,950.00 by 2020. This variability can impact prospective investors and property developers aiming to forecast tax-related expenses accurately when planning their financial strategies.
Average Total Tax Liability Per Tax Return in Lincoln County, KS Over the Last 10 Years
Over the past decade, Lincoln County, Kansas has seen fluctuations in average total tax liabilities per tax return, ranging from $5,356.48 in 2012 to $6,530.84 in 2021. There was noticeable growth around 2014 and a peak in 2021, indicating a potential increase in overall income levels or changes in tax policies locally. Investors and prospective residents should consider these trends as they might reflect broader economic conditions and fiscal health, impacting cost of living and business landscapes.
Cost of Living in Lincoln County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $959 | $1,444 | $2,149 | $966 | $1,219 |
| 1 adult 4 children | $959 | $1,179 | $1,645 | $966 | $1,314 |
| 2 adults 3 children | $959 | $1,179 | $1,864 | $966 | $975 |
| 1 adult 3 children | $959 | $963 | $1,360 | $966 | $1,044 |
| 2 adults 2 children | $788 | $965 | $1,578 | $837 | $862 |
| 1 adult 2 children | $788 | $721 | $1,075 | $837 | $810 |
| 2 adults 1 child | $788 | $763 | $1,293 | $419 | $809 |
| 1 adult 1 child | $788 | $493 | $789 | $419 | $659 |
| 2 adults | $599 | $613 | $1,007 | $0 | $676 |
| 1 adult | $584 | $334 | $504 | $0 | $585 |
Safety trends & Data
Lincoln County, Kansas has seen some changes in property crime trends over the past two years. In 2019, forgery and counterfeiting were noted, while in 2021, larceny-theft became more prominent. These shifts might suggest evolving patterns in criminal activities, which can be crucial for assessing security measures, insurance risks, and the overall safety of real estate investments in the... Read more
Property Crime Trends in Lincoln County, KS Over the Last 2 Years
Lincoln County, Kansas has seen varying trends in property crimes over the past two years. Notably, 2019 recorded an instance of forgery and counterfeiting, while larceny-theft emerged as an issue in 2021. These changes might indicate shifting criminal activities, which could be relevant for those assessing security measures, insurance risks, and community safety around local real estate investments.
Demographics
In Lincoln County, Kansas, the adult population is almost evenly split between males and females, though females make up a slightly larger share. The educational attainment data reveals a significant number of residents have some college education but no degree, along with a considerable portion holding high school diplomas or equivalent. The age distribution indicates notable populations in both the younger and older brackets, suggesting a community with a mix of family-aged adults and... Read more
Race Distribution in Lincoln County, Kansas (2022)
Educational Attainment in Lincoln County, Kansas (2022)
Age Distribution in Lincoln County, Kansas
Citizen Population in Lincoln County, Kansas (2022)
Political Trends & Data
In Lincoln County, Kansas, the 2020 U.S. Presidential Election revealed a strong conservative inclination, with Republicans earning around 81% of the vote. Democrats garnered approximately 17%, pointing to a substantial political divide in the area. Libertarian candidates drew close to 2%, indicating a small but noticeable interest in alternative political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Lincoln County, Kansas, the 2020 U.S. Presidential Election saw Republicans capturing an overwhelming majority with approximately 81% of the vote, suggesting a strong conservative leaning in this region. Democrats managed roughly 17%, indicating a significant gap between the two major parties. Libertarian candidates attracted close to 2%, which might point to a minor yet existent appetite for alternative political perspectives.
81.25% of voters voted for the Republican party in the 2020 Presidential Election
16.85% of voters voted for the Democrat party in the 2020 Presidential Election
1.90% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Lincoln County, Kansas has maintained a consistently lower student-to-teacher ratio compared to the national average, fluctuating from nine in 2015 to around twelve recently, against a national average of 14. This trend could indicate more personalized attention for students, which might appeal to families prioritizing education. Such educational advantages could positively influence property values, making the area more attractive to investors and homebuyers. Real estate agents, appraisers,... Read more
Student-to-teacher ratio in Lincoln County, Kansas over the last 10 years
Lincoln County, Kansas has seen fluctuations in its student-to-teacher ratio over the last decade, ranging from a low of nine in 2015 to a high of around twelve in recent years. Compared to the national average of 14 students per teacher, Lincoln County consistently maintains a lower ratio, which could suggest more individualized attention for students. These smaller class sizes might appeal to families prioritizing education and could influence property values positively, making the area more attractive to investors and homebuyers. Real estate agents, appraisers, and insurance agents should factor in this trend, as it often enhances the perceived quality of the local school system, potentially affecting market dynamics and insurance premiums. For those planning to move, invest, or build in Lincoln County, the lower student-to-teacher ratio may hint at a community committed to education, possibly signaling a stable and supportive environment.
