McPherson County Real Estate and Livability Trends
McPherson County, Kansas has experienced a steady rise in median home values from $132,900 in 2015 to $180,900 in 2022, outpacing the national trend. Real estate taxes have also increased significantly, reaching $4,521.21 in 2021, reflecting shifts in property values or tax policies. The number of mortgages for principal residences surged to 916 in 2021, suggesting a stable housing market.... Read more
McPherson County Market Trends
McPherson County, Kansas boasts a rising median home value, jumping from $132,900 in 2015 to $180,900 in 2022, closely mirroring the statewide growth but outpacing the national trend. The average residential energy tax credit per tax return spiked to $983.33 in 2020, indicating a possible increase in energy-efficient home improvements. Real estate taxes also climbed significantly, from $2,612.73... Read more
Median Value of Occupied Housing Units in McPherson County, Kansas Over the Last 8 Years
Over the past eight years, McPherson County, Kansas has seen a steady rise in the median value of occupied housing units, increasing from $132,900 in 2015 to $180,900 in 2022. Interestingly, McPherson County's growth parallels the state of Kansas, which saw median values go from $132,000 in 2015 to $189,300 in 2022. Although the county's growth is slightly behind the state average, it still outpaces the national rise in median home values during the same period, which went from $125,500 to $179,400. This trend could be significant for potential homebuyers and investors seeking markets demonstrating consistent, yet less volatile growth compared to the broader state and national trends.
Residential Energy Tax Credit Per Tax Return in McPherson County, KS Over the Last 8 Years
In McPherson County, Kansas, there's been a notable rise in the average residential energy tax credit per tax return over the last eight years, especially peaking in 2020 at $983.33. This trend may suggest increasing investments in energy-efficient home improvements, which could be attractive to new homebuyers, real estate developers, and those interested in sustainable living. Appraisers and insurance agents might also consider this trend when assessing property values and risks.
Average Real Estate Taxes Per Tax Return in McPherson County, KS Over the Last 10 Years
Real estate taxes in McPherson County, Kansas have seen a notable increase over the past decade, with average taxes per return rising from around $2,612.73 in 2012 to approximately $4,521.21 in 2021. This steady upward trend is punctuated by a particularly significant jump in 2018 and 2019, suggesting potential shifts in property values or tax policies. For those considering investments, developing property, or moving to the area, this trend could indicate a rising demand and resulting higher costs of ownership. It's a key factor for insurance agents and appraisers to consider when evaluating property risks and values.
Percentage of Farm Returns in McPherson County, KS Over the Last 10 Years
The percentage of farm tax returns in McPherson County, Kansas has seen a slight decline over the last decade, starting from roughly 7.97% in 2012 and decreasing to around 7.02% in 2021. While these minor fluctuations might not seem significant at first glance, they could indicate subtle shifts in the local agricultural economy, potentially driven by changes in farming viability or economic policies. For potential investors, developers, or new residents, understanding these trends might provide an insightful backdrop for evaluating the local market dynamics, especially if considering agricultural investments or land development.
Number of Mortgages by Occupancy Type in McPherson County, KS Over the Last 5 Years in McPherson County
Over the past five years in McPherson County, Kansas, the number of mortgages for principal residences has significantly outpaced those for investment and second homes. Notably, 2021 saw a high count with 916 mortgages for principal residences, while the numbers for investment properties and second residences have remained relatively low. Changes in occupancy types are crucial for investors and real estate agents, indicating potential demand and stability within the primary housing market. Moreover, this data impacts appraisers and insurance agents in pricing and risk assessment, since a market heavily weighted toward principal residences suggests a stable community rather than a transient or speculative one. This trend might interest builders looking to cater primarily to primary homeowners, providing insights into the types of properties likely to be in demand.
Economic Outlook
McPherson County, Kansas has seen a notable increase in average taxable income per tax return, climbing from approximately $57,992.16 in 2013 to about $78,143.84 in 2021. This rise could hint at a stronger local economy, which might draw the attention of investors and businesses. State and local income taxes fluctuated but surged to a peak of $13,824.59 in 2021, indicating growing fiscal demands that could impact both current and prospective residents. Additionally, the total tax liability per... Read more
Average Taxable Income per Tax Return in McPherson County, KS over the last 9 years
Over the past nine years, McPherson County, Kansas has experienced a marked increase in average taxable income per tax return, with notable peaks particularly in recent years. The average taxable income rose from approximately $57,992.16 in 2013 to about $78,143.84 in 2021. This growth might indicate a stronger local economy, making it potentially attractive for investors, potential residents, or businesses looking to establish themselves in the area. Notably, the sharp rise between 2020 and 2021 suggests significant economic developments or shifts that could be of particular interest to those monitoring financial trends and demographic changes in the region.
Average State and Local Income Taxes Per Tax Return in McPherson County, KS Over the Last 10 Years
McPherson County, Kansas has seen notable fluctuations in state and local income taxes per tax return over the past decade. Beginning at $6,668.47 in 2012, there was a dip to around $4,959.75 in 2016 but experienced a sharp increase, peaking at $13,824.59 in 2021. This marked upward trend indicates a growing fiscal demand which could impact both current residents and potential investors considering the area.
Average Total Tax Liability Per Tax Return in McPherson County, KS Over the Last 10 Years
Over the past decade, McPherson County, Kansas has seen an overall rise in average total tax liability per tax return, peaking at $12,144.98 in 2021. Although there were slight fluctuations, the general trend suggests increasing tax burdens, making it crucial for potential investors and residents to factor in potential tax hikes when planning financials. This trend might also influence property values and cost of living, essential factors for those looking to build or invest in the area.
Cost of Living in McPherson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,068 | $1,440 | $1,857 | $966 | $1,071 |
| 1 adult 4 children | $1,068 | $1,176 | $1,419 | $966 | $1,165 |
| 2 adults 3 children | $1,068 | $1,176 | $1,611 | $966 | $859 |
| 1 adult 3 children | $1,068 | $960 | $1,174 | $966 | $919 |
| 2 adults 2 children | $838 | $963 | $1,365 | $837 | $758 |
| 1 adult 2 children | $838 | $719 | $928 | $837 | $696 |
| 2 adults 1 child | $838 | $761 | $1,120 | $419 | $723 |
| 1 adult 1 child | $838 | $492 | $683 | $419 | $593 |
| 2 adults | $637 | $611 | $874 | $0 | $606 |
| 1 adult | $621 | $333 | $437 | $0 | $537 |
Safety trends & Data
McPherson County, Kansas has seen a volatile pattern in property crimes over the past five years. Larceny - Theft is the most frequent offense, hitting peaks in 2019 (35.00) and 2022 (34.00). Vandalism also spiked in those same years, although Motor Vehicle Theft only saw a minor rise in 2020 (6.00). These trends could shape investment choices, insurance rates, and local safety... Read more
Property Crime Trends in McPherson County, KS Over the Last 5 Years
Over the last five years, McPherson County, Kansas has exhibited fluctuating trends in property crimes. While Larceny - Theft consistently appears as the most common offense, incidents notably surged in 2019 (35.00) and again in 2022 (34.00). Vandalism has also shown increased activity, especially peaking in 2019 (23.00) and 2022 (18.00). Motor Vehicle Theft remained relatively low but saw a small spike in 2020 (6.00). These patterns suggest potential hotspots for property-related incidents, which can influence investment decisions, insurance premiums, and community safety initiatives.
Demographics
McPherson County, Kansas, reveals a balanced gender composition among adults and a notably homogeneous racial makeup, where Whites predominate. Education-wise, the majority have completed high school, with a substantial number holding bachelor's degrees or higher. A diverse age spread highlights a considerable portion of the population in the 35 to 64 age brackets. These metrics underline the pivotal social fabric essential for local economic strategies and community... Read more
Race Distribution in McPherson County, Kansas (2022)
Educational Attainment in McPherson County, Kansas (2022)
Age Distribution in McPherson County, Kansas
Citizen Population in McPherson County, Kansas (2022)
Political Trends & Data
In McPherson County, Kansas, the 2020 election results showed a compelling 69% support for Republican candidates, while Democrats captured just under 29%. Libertarians had a minor showing with about 2.4%. This predominantly Republican tilt might shape the region's policy priorities and campaign efforts in future... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In McPherson County, Kansas, Republican candidates appeared to dominate the 2020 U.S. Presidential Election with an approximate 69% vote share, while Democrats garnered just under 29%. Libertarian support was relatively negligible at about 2.4%, and no considerable votes were recorded for the Green party. This distribution suggests a strong Republican leaning in local voter preferences, which might influence future campaigning strategies and policy focus areas in the region.
69.01% of voters voted for the Republican party in the 2020 Presidential Election
28.63% of voters voted for the Democrat party in the 2020 Presidential Election
2.35% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
McPherson County, Kansas' student-to-teacher ratio has seen major changes, peaking at nearly 24 students per teacher in 2018 and stabilizing to just under 14 by 2023. This trend, higher than the national average, could influence educators' job choices, families' school quality assessments, and property investors' community evaluations. Appraisers and insurance agents might see these shifts impacting property values and insurance risks due to demographic changes and school capacity... Read more
Student-to-teacher ratio in Mcpherson County, Kansas over the last 10 years
Mcpherson County, Kansas has seen significant fluctuations in its student-to-teacher ratio over the past decade, reaching a peak of nearly 24 students per teacher in 2018 before gradually normalizing to just under 14 by 2023. This is notably higher than the national average of 14 students per teacher, which may impact decisions for educators considering employment, families evaluating school quality, and property investors assessing community attributes. For appraisers and insurance agents, such changes can affect property valuations and insurance risks, particularly as demographics and school capacity potentially shift in response to educational resource allocation.
