Montgomery County Real Estate and Livability Trends
In Montgomery County, Kansas, average taxable incomes spiked to $54,016.68 in 2021, suggesting improved economic conditions and investment potential. Median home values rose from $70,600 in 2015 to $90,200 in 2022, still trailing state and national medians. Real estate taxes increased from $2,285.66 in 2012 to $3,614.63 by 2021, indicating a possibly robust property market coupled with higher... Read more
Montgomery County Market Trends
Montgomery County, Kansas has seen its median home values rise from $70,600 in 2015 to $90,200 in 2022, trailing behind the state median of $189,300 and the national median of $179,400. The increase in average residential energy tax credits, peaking at $660.00 in 2017, points to growing investments in energy-efficient homes, potentially boosting market values. Real estate taxes have climbed from... Read more
Median Value of Occupied Housing Units in Montgomery County, Kansas Over the Last 8 Years
Montgomery County, Kansas has experienced steady growth in median home values over the past eight years, jumping from $70,600 in 2015 to $90,200 in 2022. While this represents considerable local growth, the figures still trail significantly behind both the Kansas state median of $189,300 and the national median of $179,400 in 2022. This trend suggests potential investment opportunities, especially given the lower entry costs compared to broader market norms.
Residential Energy Tax Credit Per Tax Return in Montgomery County, KS Over the Last 8 Years
Montgomery County, Kansas has seen a notable increase in average residential energy tax credits per tax return over the past eight years, peaking at $660.00 in 2017. This trend suggests a growing investment in energy-efficient home upgrades, which might be compelling for potential property investors and real estate agents. For insurance agents and appraisers, this can indicate a shift in property values as energy-efficient homes often carry higher market worth. Builders could also find opportunities in constructing new homes with energy-efficient features that can attract environmentally conscious buyers.
Average Real Estate Taxes Per Tax Return in Montgomery County, KS Over the Last 10 Years
Montgomery County, Kansas has seen a notable increase in average real estate taxes per tax return over the past decade. Starting from approximately $2,285.66 in 2012, the figure has steadily climbed to around $3,614.63 by 2021. This trend reflects a growing investment in the area, which could be significant for potential investors, property developers, and real estate agents. The consistent rise suggests a robust local property market, though it may also signal increasing property values and higher costs for homeowners. For insurance agents and appraisers, these changes highlight the need for updated valuations and risk assessments.
Percentage of Farm Returns in Montgomery County, KS Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Montgomery County, Kansas varied but showed a relatively stable range around 6%. In 2016, and 2017, there was a slight increase, peaking at approximately 6.60% and 6.60% respectively, but it dropped to 5.87% in 2020. The data suggests potential stability in agricultural activity, though with minor fluctuations, which might be pertinent for those considering agricultural investments, land development, or moving to the area for farming opportunities.
Number of Mortgages by Occupancy Type in Montgomery County, KS Over the Last 5 Years in Montgomery County
Montgomery County, Kansas has seen relatively stable numbers of mortgages for principal residences over the last five years, with slight fluctuations. Meanwhile, investment properties have generally increased, peaking in more recent years. Second residence mortgages, while much lower in volume, exhibit sporadic peaks and valleys. For prospective investors or property developers, the rising interest in investment properties might indicate growing rental or secondary market opportunities. For insurance agents and appraisers, the marginal yet notable activity in second homes could hint at subtle shifts in how properties are valued and insured. Real estate agents and those considering moving could interpret these trends as indicative of a fairly stable primary housing market with nuanced opportunities for secondary and investment properties.
Economic Outlook
In Montgomery County, Kansas, average taxable incomes have seen a steady rise, spiking to $54,016.68 in 2021, hinting at improved economic conditions and a growing investment potential. State and local income taxes have fluctuated but surged notably, reaching $9,608.33 in 2021, which could be due to changing local policies or demographics. Total tax liability has also climbed over the past decade, peaking at $7,384.38 in 2021. These trends might inform investment and relocation decisions,... Read more
Average Taxable Income per Tax Return in Montgomery County, KS over the last 9 years
Montgomery County, Kansas has shown a gradual increase in average taxable income per tax return over the past nine years, with a notable spike to $54,016.68 in 2021. This upward trend suggests an overall improvement in economic conditions and investment potential in the region. For those considering investments or relocation, the consistent rise may indicate a stable and possibly growing economic environment. This could also signify a demand for more residential and commercial development, which can be an attractive opportunity for real estate developers and investors.
Average State and Local Income Taxes Per Tax Return in Montgomery County, KS Over the Last 10 Years
Montgomery County, Kansas has seen fluctuating state and local income taxes per tax return over the past decade, starting from $5549.02 in 2012 and peaking at $9608.33 in 2021. Significant jumps are evident between 2017 to 2018 and 2018 to 2019, suggesting rapid changes in local economic policies or demographics. These trends can impact potential investment decisions, home buying, and business planning, offering both challenges and opportunities for residents and newcomers.
Average Total Tax Liability Per Tax Return in Montgomery County, KS Over the Last 10 Years
Over the last 10 years, Montgomery County, Kansas has seen a general upward trend in average total tax liability per tax return. Starting at $6,194.36 in 2012 and peaking at $7,384.38 in 2021, this indicates a steady increase with some fluctuations. For those looking to invest, build property, or move here, understanding these consistent rises may assist in financial planning and forecasting future tax obligations. Despite occasional dips, such as in 2018 with a slight decrease to $6,462.21, the overall tax liability has predominantly increased, reflecting broader economic factors in the county.
Cost of Living in Montgomery County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,052 | $1,359 | $1,857 | $966 | $1,006 |
| 1 adult 4 children | $1,052 | $1,110 | $1,419 | $966 | $1,095 |
| 2 adults 3 children | $1,052 | $1,110 | $1,611 | $966 | $813 |
| 1 adult 3 children | $1,052 | $907 | $1,174 | $966 | $854 |
| 2 adults 2 children | $788 | $909 | $1,365 | $837 | $704 |
| 1 adult 2 children | $788 | $679 | $928 | $837 | $612 |
| 2 adults 1 child | $788 | $718 | $1,120 | $419 | $658 |
| 1 adult 1 child | $788 | $464 | $683 | $419 | $552 |
| 2 adults | $599 | $577 | $874 | $0 | $570 |
| 1 adult | $595 | $315 | $437 | $0 | $516 |
Safety trends & Data
Montgomery County, Kansas has seen some notable fluctuations in property crime over the last five years. Larceny-Theft consistently recorded the highest numbers, peaking at 113.00 incidents in 2020. Burglary cases spiked in 2021 at 33.00 incidents but were as low as 11.00 in 2018. Vandalism also trended upward, hitting a high of 63.00 incidents in 2019. Fraud and Forgery incidents were more variable but generally remained moderate. These trends suggest potential property and security concerns... Read more
Property Crime Trends in Montgomery County, KS Over the Last 5 Years
Montgomery County, Kansas has experienced some notable fluctuations in property crime over the last five years, with Larceny-Theft consistently recording the highest numbers, peaking at 113.0 incidents in 2020. Burglary cases saw a significant spike in 2021 at 33.0 incidents, compared to a low of 11.0 in 2018. Vandalism also saw an upward trend, reaching the highest in 2019 with 63.0 incidents. Meanwhile, Fraud and Forgery incidents were somewhat variable, but generally remained moderate. The data suggests potential property and security concerns that could impact investment and real estate decisions in the area.
Demographics
Montgomery County, Kansas shows a fairly balanced gender distribution, with a slight female majority. The county's educational attainment data suggests a significant portion of residents have completed at least some level of higher education, though high school graduates without further education remain the largest individual group. Age distribution highlights a diverse age range, with a substantial number of residents aged 55 and older indicating a potential focus on healthcare and senior... Read more
Race Distribution in Montgomery County, Kansas (2022)
Educational Attainment in Montgomery County, Kansas (2022)
Age Distribution in Montgomery County, Kansas
Citizen Population in Montgomery County, Kansas (2022)
Political Trends & Data
Montgomery County, Kansas seems to display a strong tendency towards Republican preferences, with over 73.00% of the 2020 U.S. Presidential Election votes reportedly supporting the Republican party. Democrats appeared to have secured approximately 24.00%, while Libertarians captured just under 2.00%. This conservative leaning might reflect broader socioeconomic and cultural values that influence local policies and development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Montgomery County, Kansas might lean significantly Republican, given that over 73% of the 2020 U.S. Presidential Election votes appeared to support the party. In contrast, Democrats seemingly garnered around 24% of the vote, with Libertarians capturing just under 2%. Vote shares for the Green Party and other parties seemed negligible or non-existent. This potential trend towards Republican dominance could suggest conservative political preferences within this county.
73.97% of voters voted for the Republican party in the 2020 Presidential Election
24.04% of voters voted for the Democrat party in the 2020 Presidential Election
1.99% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Montgomery County, Kansas, boasts a student-to-teacher ratio consistently below the national average of fourteen, settling between twelve and thirteen students per teacher. This trend could hint at a more tailored and potentially effective learning environment. Such favorable educational metrics may attract families, boost property appeal, and even influence insurance and appraisal values positively, signaling a commitment to quality education in the... Read more
Student-to-teacher ratio in Montgomery County, Kansas over the last 10 years
Montgomery County, Kansas, has consistently maintained a student-to-teacher ratio below the national average of fourteen students per teacher over the last decade. With values ranging from approximately twelve to thirteen students per teacher, educational stakeholders might find this trend promising as it suggests a more personalized and potentially effective learning environment. Lower ratios are often associated with better student outcomes and higher teacher satisfaction, which could be appealing for families considering moving to the area, as well as for real estate agents marketing homes, or investors looking into educational infrastructure projects. Lower student-to-teacher ratios might also influence insurance and appraisal values positively, reinforcing the county's commitment to quality education.
