Mitchell County Real Estate and Livability Trends
Mitchell County, Kansas, has seen a notable rise in average taxable income per tax return to $64,858.08 in 2021, potentially pointing to a burgeoning local economy or the presence of higher-paying jobs, which might attract property developers and boost housing demand. The median home values have modestly grown to $100,700 in 2022 from $89,000 in 2015, reflecting steady real estate development... Read more
Mitchell County Market Trends
Mitchell County's housing market shows modest growth with median home values increasing to $100,700 in 2022 from $89,000 in 2015, compared to Kansas ($189,300) and the U.S. ($179,400). Energy tax credits fluctuated, spiking in 2014 and 2016, possibly indicating periods advocating for energy-efficient improvements. Real estate taxes averaged $2,559.26 in 2012, peaking at $4,646.15 in 2018, and... Read more
Median Value of Occupied Housing Units in Mitchell County, Kansas Over the Last 8 Years
Mitchell County's median home values have seen relatively stable but modest growth compared to state and national trends. While the values climbed to $100,700 in 2022 from $89,000 in 2015, Kansas and the U.S. saw more aggressive increases, reaching $189,300 and $179,400 respectively by 2022. This potentially indicates that Mitchell County could be an attractive option for those seeking more affordable housing while still benefiting from the overall upward trend in property values.
Residential Energy Tax Credit Per Tax Return in Mitchell County, KS Over the Last 4 Years
Over the last four years, Mitchell County, Kansas has seen fluctuations in the average residential energy tax credit per tax return, with amounts ranging from $271.43 in 2013 to $442.86 in 2014. This variable trend might reflect shifts in local energy efficiency investments or changes in state tax policies. Spiking in 2014 and 2016 suggests potential periods of heightened awareness or incentives for energy-efficient improvements, presenting potential opportunities for real estate agents, property developers, and investors to promote and invest in energy-efficient properties.
Average Real Estate Taxes Per Tax Return in Mitchell County, KS Over the Last 10 Years
Over the past decade, there's been a variable but generally upward trend in average real estate taxes per tax return in Mitchell County, Kansas. In 2012, the average was approximately $2,559.26, spiking to around $3,204.17 in 2014, and peaking at $4,646.15 in 2018. Though there was a slight decrease post-2018, the values have remained above $4,000, stabilizing at $4,200.00 in 2021. This pattern might suggest increasing property values or tax rate adjustments, potentially impacting decisions for investment, housing affordability, and long-term financial planning.
Percentage of Farm Returns in Mitchell County, KS Over the Last 10 Years
Mitchell County, Kansas has seen fluctuating percentages of farm tax returns over the last decade, hovering around 14% to 15%. The highest peak was in 2016 at approximately 15.25%, while the lowest point occurred in 2019 at roughly 13.54%. These trends might reflect a relatively stable agricultural sector in the area, though minor variances year-to-year could suggest changes in farm profitability, land ownership, or agricultural practices. Investors and newcomers interested in the rural economy could view this as an indicator of agricultural viability, providing insights into the economic landscape of Mitchell County.
Number of Mortgages by Occupancy Type in Mitchell County, KS Over the Last 5 Years in Mitchell County
In Mitchell County, Kansas, there has been a noticeable fluctuation in the number of mortgages for principal residences, which peaked in 2020 with 122 loans and saw a decrease to 65 in 2022. Investment property mortgages have remained relatively low and stable, while second residence mortgages have seen minor increases. These shifts in occupancy types can signal changes in local housing demand and market conditions, essential for investors, real estate agents, and insurers to monitor. Understanding these trends helps appraisers and builders forecast future property values and potential development opportunities.
Economic Outlook
Mitchell County, Kansas, has experienced a notable upward trend in average taxable income per tax return, reaching $64,858.08 in 2021, hinting at a potentially growing economy or the emergence of higher-paying jobs. This might attract property developers, suggesting a rising demand for housing and services. State and local income taxes per tax return have also seen a significant increase, with the latest figure at $11,000.00 in 2021, up from earlier fluctuations between $4,500.00 and $7,500.00,... Read more
Average Taxable Income per Tax Return in Mitchell County, KS over the last 9 years
Mitchell County, Kansas, has seen a notable fluctuation in average taxable income per tax return over the past nine years, with a recent upswing bringing the 2021 figure to $64,858.08. This increase suggests a potentially growing economy or higher-paying jobs becoming more available, which could be intriguing for investors or individuals considering relocation. Property developers might find these trends encouraging, possibly indicating a rising demand for housing and services. However, the earlier dip observed between 2013 and 2016 may imply historical economic challenges that should also be taken into account.
Average State and Local Income Taxes Per Tax Return in Mitchell County, KS Over the Last 10 Years
For those with an eye on Mitchell County, Kansas, the notable trend in state and local income taxes per tax return over the past decade showcases volatility with a steep rise in the more recent year. The latest figure of $11,000.00 in 2021 highlights a significant increase from previous years, which consistently ranged between about $4,500.00 and $7,500.00. This trend might suggest economic shifts or policy changes impacting tax burdens, crucial for potential investors or anyone considering relocation, as it reflects financial implications tied to living in or engaging economically with the county.
Average Total Tax Liability Per Tax Return in Mitchell County, KS Over the Last 10 Years
Despite fluctuations, the average total tax liability per tax return in Mitchell County, Kansas has shown interesting trends over the past decade. After a peak in 2013 at $9,264.78, the liability dropped steadily, reaching a low in 2018 at $6,539.32. Recent years, however, saw a significant rise, climaxing in 2021 at $10,081.98. Potential investors or residents may find this pattern indicative of changing economic conditions or policy shifts, which could impact financial planning and investment decisions.
Cost of Living in Mitchell County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $959 | $1,444 | $2,149 | $966 | $1,149 |
| 1 adult 4 children | $959 | $1,179 | $1,645 | $966 | $1,228 |
| 2 adults 3 children | $959 | $1,179 | $1,864 | $966 | $911 |
| 1 adult 3 children | $959 | $963 | $1,360 | $966 | $964 |
| 2 adults 2 children | $788 | $965 | $1,578 | $837 | $813 |
| 1 adult 2 children | $788 | $721 | $1,075 | $837 | $745 |
| 2 adults 1 child | $788 | $763 | $1,293 | $419 | $764 |
| 1 adult 1 child | $788 | $493 | $789 | $419 | $617 |
| 2 adults | $645 | $613 | $1,007 | $0 | $654 |
| 1 adult | $584 | $334 | $504 | $0 | $553 |
Safety trends & Data
Mitchell County, Kansas has experienced fluctuating property crime trends over the past five years. Burglary cases spiked in 2021 with 8 incidents but fell to 2 by 2022, and vandalism incidents peaked in 2020 at 5 but dropped to 1 in 2022. Sporadic issues with motor vehicle theft and embezzlement suggest irregular threats rather than persistent issues, while fraud and forgery remained minimal, pointing to stability in those areas. These dynamics indicate varying areas of concern, hinting at the... Read more
Property Crime Trends in Mitchell County, KS Over the Last 5 Years
Mitchell County, Kansas has seen varied trends in property crime over the past five years. Burglary incidents peaked in 2021 with 8 cases but showed a decrease to 2 cases by 2022. Vandalism reached a high in 2020 with 5 reported incidents, which significantly tapered off to 1 in 2022. Categories like motor vehicle theft and embezzlement appeared sporadically, indicating an occasional threat rather than a consistent problem. Fraud and forgery were minimal, showcasing stability in these crimes. Property crime dynamics here signal fluctuating areas of concern and potential opportunities for investment in security measures.
Demographics
Mitchell County, Kansas, shows a slightly higher male population at 2297 compared to females at 2176, which may influence community dynamics and resource planning. Educationally, there's a considerable proportion of residents with some college education but no degree at 1157, alongside 749 holding bachelor's degrees, suggesting a population invested in higher learning but facing potential barriers to completion. Age-wise, the county has substantial segments in the under 10 years (789) and 55 to... Read more
Race Distribution in Mitchell County, Kansas (2022)
Educational Attainment in Mitchell County, Kansas (2022)
Age Distribution in Mitchell County, Kansas
Citizen Population in Mitchell County, Kansas (2022)
Political Trends & Data
In Mitchell County, Kansas, over 80% of votes in the 2020 U.S. Presidential Election likely went Republican, with Democrats capturing less than 20%. This strong GOP preference could hint at consistent political patterns or shifting demographic... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Mitchell County, Kansas, leaned heavily Republican in the 2020 U.S. Presidential Election, with over 80% of the vote possibly going to the GOP. The Democratic party garnered less than 20%, while the Libertarian choice barely registered over 1%. This potentially significant Republican tilt might underscore traditional political leanings or emerging demographic influences.
80.75% of voters voted for the Republican party in the 2020 Presidential Election
17.99% of voters voted for the Democrat party in the 2020 Presidential Election
1.26% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Over the past decade, Mitchell County, Kansas, has experienced a rising student-to-teacher ratio, growing from about 9 students per teacher in 2014 to just over 12 in 2023. While still below the national average of 14 students per teacher, this increase might indicate shifts in classroom dynamics and resource allocation. Smaller class sizes can be a strong selling point, potentially impacting property values and investment opportunities. This change is worth noting for real estate agents,... Read more
Student-to-teacher ratio in Mitchell County, Kansas over the last 10 years
Over the past decade, Mitchell County, Kansas has seen a gradual increase in the student-to-teacher ratio, climbing from about 9 students per teacher in 2014 to just over 12 students per teacher in 2023. While this still falls below the current U.S. national average of 14 students per teacher, the upward trend could suggest potential changes in classroom dynamics, resource allocation, and overall educational quality. This information might matter to those considering an investment in local schools or properties, as smaller class sizes can be a strong selling point. Real estate agents may find this useful when highlighting the benefits of local education, while appraisers and insurance agents might consider it in assessing community growth and infrastructure demands. For those interested in or living in Mitchell County, staying below the national average in student-to-teacher ratio suggests a continued focus on personalized education, though the steady increase calls for monitoring.
