Meade County Real Estate and Livability Trends
Meade County, Kansas has seen average taxable incomes oscillate significantly, with a notable dip to $54,578.97 in 2016 before skyrocketing to $84,036.17 by 2021. Median home values have jumped from $86,500 in 2015 to $137,500 in 2022, outpacing national trends and indicating potential for lucrative investments. Despite the increase, real estate taxes have surged to $4,116.67 per return in 2021,... Read more
Meade County Market Trends
Median home values in Meade County, Kansas have climbed from $86,500 in 2015 to $137,500 in 2022, outpacing national growth trends. This might intrigue investors, builders, and new residents as an opportunity for growth. Meanwhile, the average residential energy tax credit per tax return has declined from $200.00 in 2013 to $150.00 in 2014, possibly hinting at fewer energy-efficient upgrades. The... Read more
Median Value of Occupied Housing Units in Meade County, Kansas Over the Last 8 Years
Median home values in Meade County, Kansas have shown significant growth over the last eight years, rising from $86,500 in 2015 to $137,500 in 2022. This upward trend appears to outpace trends observed at the national level, where median values grew from $125,500 to $179,400 in the same period. Although Meade County's values remain lower than both Kansas state and national averages, the rate of increase suggests a strong local market. Investors, builders, and new residents might find this an attractive opportunity, as property values here could continue to rise relative to broader trends.
Residential Energy Tax Credit Per Tax Return in Meade County, KS Over the Last 2 Years
Meade County, Kansas has seen a noticeable decline in the average residential energy tax credit per tax return over the past two years, with the value dropping from $200.00 in 2013 to $150.00 in 2014. This decreasing trend could suggest a reduction in qualifying energy-efficient home improvements or changes in tax policies that impact energy credits. For potential investors, homeowners, or real estate agents, this might indicate changing priorities or shifts in the cost-benefit calculations for energy-efficient upgrades in the area. Appraisers and insurance agents might also find this information relevant for assessing property values and risk factors.
Average Real Estate Taxes Per Tax Return in Meade County, KS Over the Last 10 Years
Over the last decade, Meade County, Kansas has seen a significant upward trend in real estate taxes per tax return, beginning at around $1,794.12 in 2012 and surging to approximately $4,116.67 by 2021. Notably, a sharp increase occurred between 2016 and 2018, jumping from $2,288.89 to $3,514.29. This dramatic rise in real estate taxes could potentially impact investment decisions, housing affordability, and property valuations in the area. Appraisers and real estate agents might need to adjust their approaches accordingly, while prospective buyers and current residents should be aware of these escalating costs.
Percentage of Farm Returns in Meade County, KS Over the Last 10 Years
Meade County, Kansas, has seen fluctuating percentages in farm tax returns over the last decade. The county started with approximately 17.24% of farm returns in 2012, saw slight increases and decreases fluctuating around the 16% to 17% range, and ended with about 16.32% in 2021. Farm tax returns represent the portion of tax documents indicating agricultural activity, which can reflect the economic health of local farming communities. For investors, builders, or potential residents, these trends might suggest relative stability in the agriculture sector, even if there are modest year-to-year variations. This could be an indication of the resilience of the farming community in Meade County, Kansas.
Number of Mortgages by Occupancy Type in Meade County, KS Over the Last 5 Years in Meade County
Over the last five years, Meade County, Kansas has seen varied trends in the number of mortgages by occupancy type, with principal residences consistently dominating the market. Investment properties and second residences have fluctuated modestly in comparison. Considering these shifts, changes in occupancy type can provide crucial insights for investors, real estate agents, and insurance agents. For potential investors and builders, tracking the increase or decrease in investment property mortgages could signal shifts in market opportunities. For insurance and appraisal purposes, the predominance of principal residence mortgages indicates stable, long-term housing needs which can affect property values and risk assessments. Prospective movers might find Meade County more appealing for primary homes given its strong track record in principal residence financing.
Economic Outlook
In Meade County, Kansas, the average taxable income per tax return has experienced notable fluctuations over the last nine years, dropping from $62,871.21 in 2014 to $54,578.97 in 2016, before surging to $84,036.17 in 2021. State and local income taxes have also seen significant variability, spiking at $9,728.57 recently compared to a low of $4,431.82 in 2015. Additionally, the average total tax liability per tax return has varied, reaching a low of $8,005.93 in 2018 and climbing to $14,126.14... Read more
Average Taxable Income per Tax Return in Meade County, KS over the last 9 years
In Meade County, Kansas, the average taxable income per tax return has seen some fluctuation over the past nine years. Notably, there was a decline between 2014 and 2016, with income dropping from $62,871.21 to $54,578.97. However, recent years have shown a marked improvement, culminating in a significant increase to $84,036.17 in 2021. This trend might suggest a recovering or growing local economy, potentially making Meade County a more attractive prospect for investors and new residents focusing on property development or economic opportunities.
Average State and Local Income Taxes Per Tax Return in Meade County, KS Over the Last 10 Years
In the past decade, state and local income taxes per tax return in Meade County, Kansas, have fluctuated significantly. Recent years have seen an upward trend, peaking at $9,728.57 in 2021. Notably, there were sharp declines in 2014 and 2015, when average taxes dropped to $5,077.27 and $4,431.82 respectively. This volatility can impact decisions for potential investors or newcomers, indicating a need for careful financial planning and consideration.
Average Total Tax Liability Per Tax Return in Meade County, KS Over the Last 10 Years
Over the past decade, Meade County, Kansas, has seen some notable fluctuations in average total tax liability per tax return. In 2012, the liability was $12,650.00, which gradually decreased to its lowest point of $8,005.93 in 2018. After reaching this low, the liability started to rise again, hitting $14,126.14 in 2021. These changes may reflect varying local economic conditions, tax policies, or demographic shifts, making it a potentially interesting area for investors or new residents evaluating long-term financial commitments.
Cost of Living in Meade County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $976 | $1,323 | $2,409 | $966 | $1,233 |
1 adult 4 children | $976 | $1,080 | $1,846 | $966 | $1,318 |
2 adults 3 children | $976 | $1,081 | $2,088 | $966 | $988 |
1 adult 3 children | $976 | $882 | $1,525 | $966 | $1,046 |
2 adults 2 children | $788 | $885 | $1,767 | $837 | $864 |
1 adult 2 children | $788 | $661 | $1,204 | $837 | $778 |
2 adults 1 child | $788 | $699 | $1,446 | $419 | $791 |
1 adult 1 child | $788 | $452 | $884 | $419 | $656 |
2 adults | $603 | $562 | $1,126 | $0 | $677 |
1 adult | $584 | $306 | $563 | $0 | $584 |
Safety trends & Data
Property crime trends in Meade County, Kansas over the past two years have shown sporadic incidents, including a case of fraud in 2019 and instances of motor vehicle theft and vandalism in 2020. These low numbers hint at a generally safe environment, but the recent occurrences could suggest potential early signs of shifting crime patterns. Keeping abreast of future updates will be crucial for anyone considering investment or... Read more
Property Crime Trends in Meade County, KS Over the Last 2 Years
Property crime trends in Meade County, Kansas over the past two years show an isolated case of fraud in 2019, followed by instances of motor vehicle theft and vandalism in 2020. While the low numbers suggest a relatively safe environment, the recent emergence of these crimes could indicate early signs of an upward trend or shifting patterns in criminal activity. For those considering investment or relocation, it's essential to keep an eye on future updates to grasp the evolving safety landscape.
Demographics
Meade County, Kansas, reflects an older demographic trend with a substantial portion of the population falling in the under 10 and over 75 age categories. Educational attainment reveals a pronounced number of individuals having completed high school or some college without a degree, suggesting potential gaps in higher education access. Racially, the population is heavily skewed towards being predominantly White, with minimal representation from other racial groups. Gender distribution is... Read more
Race Distribution in Meade County, Kansas (2022)
Educational Attainment in Meade County, Kansas (2022)
Age Distribution in Meade County, Kansas
Citizen Population in Meade County, Kansas (2022)
Political Trends & Data
Meade County, Kansas, shows a clear Republican lean with Democrats securing only around 14% of the votes in the 2020 Presidential Election. Libertarians had a modest presence, while candidates from the Green party were notably absent. This suggests a strong conservative bent among the local electorate, potentially influencing local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Meade County, Kansas, the 2020 U.S. Presidential Election results suggest a strong leaning towards the Republican party, with the majority of votes likely going their way. Democrats appear to have garnered significantly less support, with around 14% of the votes, while Libertarians captured a modest share. Interestingly, there was no noticeable presence from the Green party or other candidates. This pattern may indicate a predominantly conservative voter base in this region.
83.45% of voters voted for the Republican party in the 2020 Presidential Election
14.41% of voters voted for the Democrat party in the 2020 Presidential Election
2.14% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Meade County, Kansas' student-to-teacher ratio has consistently remained below the national average over the last decade, ranging from 9 to 12. This lower ratio could appeal to families seeking a more personalized education experience, potentially driving demand for housing in the area. Real estate investors and agents might interpret this as a stable or rising demand for homes in these neighborhoods, while appraisers and insurance agents may see it as indicative of strong community investment... Read more
Student-to-teacher ratio in Meade County, Kansas over the last 10 years
Meade County, Kansas has seen a fluctuating student-to-teacher ratio ranging from 9 to 12 over the last decade, averaging below the national average of 14 students per teacher. This relatively low ratio might suggest a more personalized education environment, which could be attractive to families considering relocation and could influence property values. Investors and real estate agents might see this trend as a sign of stable or increasing demand for housing in neighborhoods with strong educational amenities. Appraisers and insurance agents might view this data as an indicator of community investment in education, reflecting a potentially lower risk profile for properties. For those building or developing property, the continuity in this trend suggests a supportive infrastructure for families, possibly making the area more appealing for new residential projects.