Marion County Real Estate and Livability Trends
Marion County, Kansas has experienced a notable increase in average taxable income per tax return, climbing from about $46,737.85 in 2013 to $68,607.72 by 2021, which may attract investors and new residents. Median home values have also appreciated from $81,600 in 2015 to $114,700 in 2022, indicating a trend of steady growth and sustained affordability. While average real estate taxes rose from... Read more
Marion County Market Trends
Median home values in Marion County, Kansas have appreciated substantially from $81,600 in 2015 to $114,700 in 2022, appealing to investors and homebuyers for its combination of steady growth and relative affordability. Residential energy tax credits fluctuated, with a notable spike to $1,242.86 per tax return in 2021, suggesting shifts in energy efficiency investments or local policies. Average... Read more
Median Value of Occupied Housing Units in Marion County, Kansas Over the Last 8 Years
Over the last eight years, median home values in Marion County, Kansas have seen steady growth, rising from $81,600 in 2015 to $114,700 in 2022. This increase might interest those looking to invest or move to Marion County, as it suggests potential for continued appreciation. Compared to state and national medians, Marion County's values are still relatively affordable—Kansas saw values climb from $132,000 to $189,300, while national figures rose from $125,500 to $179,400 in the same period. This affordability, coupled with consistent appreciation, could make Marion County an attractive option for buyers and investors alike.
Residential Energy Tax Credit Per Tax Return in Marion County, KS Over the Last 8 Years
Marion County, Kansas has experienced notable fluctuations in residential energy tax credits per tax return over the past eight years. The average credits per tax return ranged from a low of $300.00 in 2020 to a peak of $1,242.86 in 2021. This variability could be driven by changes in local policy, investment in residential energy efficiency, or broader economic factors impacting homeowners’ abilities to invest in energy-saving improvements. For investors, real estate agents, and insurance professionals, understanding these trends can provide insights into the economic environment and potential growth opportunities in Marion County.
Average Real Estate Taxes Per Tax Return in Marion County, KS Over the Last 10 Years
In Marion County, Kansas, average real estate taxes per tax return have shown a notable increase over the past decade. From $2,275.00 in 2012, taxes have steadily climbed, reaching $3,835.29 in 2021. This rising trend could be indicative of increasing property values or a shift in local tax policies, making it important for potential investors, homebuyers, and real estate professionals to factor in potentially higher tax liabilities when considering properties in this area. This steady rise might also affect insurance costs and property appraisals.
Percentage of Farm Returns in Marion County, KS Over the Last 10 Years
Farm tax returns in Marion County, Kansas have shown slight fluctuations over the last decade, beginning at approximately 15.23% in 2012 and reaching a low of around 14.05% in 2020. This trend might suggest that while the agricultural sector remains a significant part of the county’s economy, there could be variables influencing farm profitability or reporting practices. Investors, homebuilders, and those considering moving to Marion County should be aware of the steady but modest decline in farm tax returns as an economic indicator when making decisions.
Number of Mortgages by Occupancy Type in Marion County, KS Over the Last 5 Years in Marion County
Marion County, Kansas shows a consistent dominance of principal residence mortgages over the past five years, significantly dwarfing the numbers for investment and second residence properties. Interestingly, while investment property and second residence mortgage counts show some variability, the overall market seems robust with principal residences leading the trend. Shifts in occupancy types are crucial for investors and real estate agents as they reflect buyer priorities, potential rental market opportunities, and community stability. Appraisers and insurance agents can also gain insights into changing property values and risk exposures based on these occupancy trends.
Economic Outlook
Marion County, Kansas has experienced a significant rise in average taxable income per tax return, from about $46,737.85 in 2013 to $68,607.72 by 2021. Such growth may signal improved economic conditions and increased individual wealth, appealing to investors and those considering relocation. State and local income taxes have shown considerable volatility, peaking at $20,231.25 in 2021, after a low of $3,940.68 in 2014, which might impact financial decisions for residents and investors.... Read more
Average Taxable Income per Tax Return in Marion County, KS over the last 9 years
Marion County, Kansas has seen a trend of steadily increasing average taxable income per tax return over the past nine years. Starting at approximately $46,737.85 in 2013, it rose to $68,607.72 by 2021. This growth highlights economic improvement and potential increases in both individual earnings and overall wealth within the county. For those exploring investment opportunities or considering relocating, this upward trend in income might suggest a robust local economy and could indicate stability for future property investments.
Average State and Local Income Taxes Per Tax Return in Marion County, KS Over the Last 10 Years
Over the last decade, state and local income taxes per tax return in Marion County, Kansas have seen significant fluctuations, peaking notably in 2021 at $20,231.25. After a low of $3,940.68 in 2014, there has been a general upward trend, with a sharp increase from 2018 onwards. This volatility could be a crucial consideration for potential investors and residents evaluating the financial landscape of Marion County.
Average Total Tax Liability Per Tax Return in Marion County, KS Over the Last 10 Years
The average total tax liability per tax return in Marion County, Kansas has seen notable fluctuations over the last decade. Starting around $6,544.39 in 2012, it experienced peaks and valleys, reaching a low of $6,146.54 in 2018 before dramatically increasing to $9,812.77 in 2021. This variation may reflect economic shifts, changes in local tax policies, or demographic changes in the area, making it crucial for potential investors or residents to understand these dynamics.
Cost of Living in Marion County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,054 | $1,416 | $1,857 | $966 | $1,103 |
1 adult 4 children | $1,054 | $1,156 | $1,419 | $966 | $1,207 |
2 adults 3 children | $1,054 | $1,156 | $1,611 | $966 | $884 |
1 adult 3 children | $1,054 | $944 | $1,174 | $966 | $961 |
2 adults 2 children | $788 | $947 | $1,365 | $837 | $768 |
1 adult 2 children | $788 | $707 | $928 | $837 | $712 |
2 adults 1 child | $788 | $748 | $1,120 | $419 | $732 |
1 adult 1 child | $788 | $483 | $683 | $419 | $602 |
2 adults | $601 | $601 | $874 | $0 | $616 |
1 adult | $584 | $328 | $437 | $0 | $549 |
Safety trends & Data
Marion County, Kansas, has seen fluctuating property crime rates over the past five years, with a significant spike in 2019 for burglary (4.0) and larceny-theft (5.0) incidents. Since 2020, a leveling out in burglary and motor vehicle theft rates suggests a stabilization in certain crime categories, highlighting the ongoing need for vigilance and community efforts in crime prevention—a crucial consideration for residents, potential investors, and real estate... Read more
Property Crime Trends in Marion County, KS Over the Last 5 Years
The property crime trends in Marion County, Kansas, show a fluctuating yet notable pattern over the past five years. In 2019, there was a spike in property crimes, particularly in burglary and larceny-theft, with incidents reaching 4.0 and 5.0 respectively. Motor vehicle theft and vandalism also marked their presence in the same year. Since 2020, burglary and motor vehicle theft rates appear to have leveled out, indicating some stabilization in certain crime categories. The data underscore the importance of ongoing vigilance and community efforts in crime prevention for residents, potential investors, and those involved in real estate or insurance.
Demographics
In Marion County, Kansas, the population shows a slight gender balance with nearly equal numbers of males and females. The educational attainment suggests a notable concentration of high school graduates and those with some college experience, hinting at an educated workforce. The age distribution is varied, with a considerable segment of the population in the 55-64 age range, possibly reflecting an aging community. The racial composition is predominantly White, with small percentages of other... Read more
Race Distribution in Marion County, Kansas (2022)
Educational Attainment in Marion County, Kansas (2022)
Age Distribution in Marion County, Kansas
Citizen Population in Marion County, Kansas (2022)
Political Trends & Data
Marion County, Kansas, saw a notable 73% of its 2020 U.S. Presidential Election votes go to the Republican Party, leaving the Democrats with about 25% and the Libertarians picking up only 2%. This marked Republican majority hints at an area with potentially strong conservative values, and the scant support for third parties highlights a political landscape dominated by the two major parties. This dynamic could influence various local policies and market behaviors, potentially affecting real... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Marion County, Kansas, the 2020 U.S. Presidential Election showed a significant leaning towards the Republican Party with approximately 73% of the votes cast in their favor. The Democratic Party garnered close to 25%, while the Libertarian Party received a modest 2%. This substantial Republican dominance might suggest strong conservative values in the county, with limited support for third parties.
73.06% of voters voted for the Republican party in the 2020 Presidential Election
24.81% of voters voted for the Democrat party in the 2020 Presidential Election
2.13% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Marion County, Kansas, the student-to-teacher ratio has seen some fluctuations over the past decade, peaking at 15 students per teacher in 2019 and hovering around 13 in recent years. This generally aligns with the national average of 14 students per teacher, suggesting manageable class sizes. For anyone looking into real estate investments, relocations, or educational projects in Marion County, this could signal a stable educational environment that might positively influence property... Read more
Student-to-teacher ratio in Marion County, Kansas over the last 10 years
Over the past decade, the student-to-teacher ratio in Marion County, Kansas has seen fluctuations, peaking at 15 students per teacher in 2019 and dropping to around 13 in the more recent years of 2022 and 2023. Notably, this county has generally maintained a ratio close to the national average of 14 students per teacher, which could suggest manageable class sizes. For those considering investments, relocation, or developments in education-focused projects in Marion County, these statistics might indicate a stable educational environment. Real estate agents and appraisers might also find this information useful when evaluating property values, as accessible, reasonably sized classes are often a significant consideration for families with children. Insurance agents might want to take into account how educational stability can reflect on the safety and community engagement of an area.