Morris County Real Estate and Livability Trends
Morris County, Kansas has seen notable growth in average taxable income, jumping from $45,003.38 in 2013 to $63,900.39 by 2021, hinting at stronger economic prospects. Rising home values, up from $85,200 in 2015 to $111,700 in 2022, coupled with increased energy tax credits, suggest attractiveness for eco-conscious buyers. Property taxes peaked in 2020 and then fell, possibly indicating economic... Read more
Morris County Market Trends
Morris County, Kansas has seen its median home value rise from $85,200 in 2015 to $111,700 in 2022, signaling affordability compared to the state's $189,300 and the national $179,400. An increase in residential energy tax credits from $200.00 to $900.00 over eight years hints at a growing focus on energy efficiency, potentially upping property values and drawing eco-friendly buyers. Meanwhile,... Read more
Median Value of Occupied Housing Units in Morris County, Kansas Over the Last 8 Years
Over the past eight years, Morris County, Kansas has seen its median home value fluctuate, rising from $85,200 in 2015 to a peak of $111,700 by 2022. A mid-decade dip in values brought the median down by 2020 and 2021, but the recovery was swift. Compared to Kansas' state median, which climbed from $132,000 in 2015 to $189,300 in 2022, and the national median, jumping from $125,500 to $179,400 over the same period, Morris County remains an affordable option. This trend might appeal to those looking for lower entry costs in a rising market, whether for relocating, investing, or building property.
Residential Energy Tax Credit Per Tax Return in Morris County, KS Over the Last 5 Years
Morris County, Kansas has seen a noticeable increase in residential energy tax credits per tax return over the past five years. From 2013 to 2021, the average credit has surged from $200.00 to $900.00, reflecting a growing emphasis on energy efficiency and possibly more state and federal incentives. This upward trend could enhance property value, attract eco-conscious buyers, and influence investment decisions for developers and real estate agents eyeing sustainable projects. This matters to insurers and appraisers as energy-efficient homes may decrease long-term risk and maintenance costs.
Average Real Estate Taxes Per Tax Return in Morris County, KS Over the Last 10 Years
Over the past decade, Morris County, Kansas has experienced a noticeable rise in average real estate taxes per tax return. Starting at $2,780.00 in 2012, taxes saw a significant increase, peaking at about $4,871.43 in 2020 before falling slightly to $3,942.86 in 2021. This trend could suggest shifts in the local economy, property values, or fiscal policies that might be relevant to prospective investors, real estate agents, appraisers, and insurance agents. Keeping an eye on these fluctuations is crucial for anyone involved or interested in the local real estate market.
Percentage of Farm Returns in Morris County, KS Over the Last 10 Years
Farm tax returns in Morris County, Kansas, reveal a nuanced trend over the past decade, with percentages hovering around the 14-15% mark. There's been a subtle decline from 15.09% in 2012 to 14.06% by 2021. Farm tax returns reflect income reported from agricultural activities and can serve as indicators of economic health in rural areas, impacting decisions on investments, property development, or relocation. This slight downtrend may suggest evolving dynamics in the local agricultural economy that potential investors and residents might find relevant.
Number of Mortgages by Occupancy Type in Morris County, KS Over the Last 5 Years in Morris County
Morris County, Kansas has seen an interesting shift in mortgage trends over the past five years, especially notable in the types of properties being financed. Principal Residence mortgages have consistently dominated, peaking at 240 in 2021, likely indicating a stable local population and strong demand for primary homes. In contrast, mortgages for Investment Properties and Second Residences saw noticeable declines, with Investment Properties dropping to just 10 by 2022. This shift could signal a more risk-averse investment climate or a pivot toward owner-occupied homes. For investors, builders, and real estate agents, understanding these dynamics can yield critical insights into market demand and investment viability, impacting property appraisals, insurance assessments, and development plans.
Economic Outlook
Morris County, Kansas has experienced a steady rise in average taxable income per tax return, moving from $45,003.38 in 2013 to $63,900.39 by 2021, indicating a possible boost in earning potential or economic growth. At the same time, average state and local income taxes per tax return escalated from $4,868.42 in 2012 to $8,600.00 by 2020, with sharp increases suggesting changes in tax policy or rising local government funding needs. Average total tax liability per tax return also saw an... Read more
Average Taxable Income per Tax Return in Morris County, KS over the last 9 years
Morris County, Kansas has seen a consistent upward trend in average taxable income per tax return over the past nine years. Starting at $45,003.38 in 2013, it increased to $63,900.39 by 2021, with notable jumps in recent years. This rise could indicate a growing economy or higher earning potential in the area, making it a potentially attractive spot for investors and new residents.
Average State and Local Income Taxes Per Tax Return in Morris County, KS Over the Last 10 Years
Morris County, Kansas has seen a notable increase in average state and local income taxes per tax return over the past decade. Starting at $4,868.42 in 2012, the taxes fluctuated but made a significant leap from $4,800 in 2017 to $7,228.57 in 2018 and continued rising to $8,600.00 by 2020. This surge suggests rising local government funding needs or economic changes affecting tax policy, making it crucial for potential investors and new residents to consider the evolving tax environment.
Average Total Tax Liability Per Tax Return in Morris County, KS Over the Last 10 Years
Morris County, Kansas has seen a fluctuating yet upward trend in average total tax liability per tax return over the past decade. Values moved from $6,263.54 in 2012 to $9,819.70 in 2021, suggesting a notable increase, particularly in recent years. This likely reflects broader economic changes and potentially higher incomes or shifts in tax policy. For potential investors or residents, understanding these trends is crucial for forecasting financial obligations and economic stability in the county.
Cost of Living in Morris County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $977 | $1,416 | $2,149 | $966 | $1,175 |
| 1 adult 4 children | $977 | $1,156 | $1,645 | $966 | $1,265 |
| 2 adults 3 children | $977 | $1,156 | $1,864 | $966 | $938 |
| 1 adult 3 children | $977 | $944 | $1,360 | $966 | $1,002 |
| 2 adults 2 children | $803 | $947 | $1,578 | $837 | $836 |
| 1 adult 2 children | $803 | $707 | $1,075 | $837 | $754 |
| 2 adults 1 child | $803 | $748 | $1,293 | $419 | $769 |
| 1 adult 1 child | $803 | $483 | $789 | $419 | $643 |
| 2 adults | $614 | $601 | $1,007 | $0 | $661 |
| 1 adult | $595 | $328 | $504 | $0 | $580 |
Safety trends & Data
Property crime trends in Morris County, Kansas, have varied significantly over the past four years, potentially influencing property valuations and real estate decisions. 2019 reported mainly burglary, while 2020 saw one instance each of forgery and counterfeiting, and vandalism. There was a shift in 2021 with stolen property-related crime. Notably, 2022 experienced a rise in vandalism (3 cases), along with larceny-theft and embezzlement each recorded once. These fluctuations could affect... Read more
Property Crime Trends in Morris County, KS Over the Last 4 Years
Morris County, Kansas has seen various property crimes over the past four years, with each year showing a different dominant type. In 2019, burglary was the main reported crime with 1 instance. By 2020, forgery and counterfeiting along with vandalism were each reported once. Stolen property-related crime appeared in 2021, while 2022 saw a notable increase in vandalism (3 instances) and larceny-theft and embezzlement both with 1 instance. These trends could suggest a shift in criminal activity, potentially impacting property valuations, insurance assessments, and real estate decisions.
Demographics
The demographic trends in Morris County, Kansas, highlight a roughly equal distribution of men and women in the adult population and underscore a predominance of high school graduates, with a notable portion having some college education but no degree. Age distribution shows a diverse array of age groups, with significant numbers in both the younger and older cohorts. The racial makeup is predominantly White, with very minimal representation from other racial groups. This demographic landscape... Read more
Race Distribution in Morris County, Kansas (2022)
Educational Attainment in Morris County, Kansas (2022)
Age Distribution in Morris County, Kansas
Citizen Population in Morris County, Kansas (2022)
Political Trends & Data
In Morris County, Kansas, real estate trends could be influenced by the area's strong political leanings, with about 73% of votes going to the Republican Party in the 2020 Presidential Election. This might suggest a more conservative community which can often attract buyers looking for politically predictable environments. Democrats garnered around 25% of the vote, suggesting a smaller but present liberal demographic. This political makeup could subtly shape the types of real estate investments... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Morris County, Kansas, the 2020 U.S. Presidential Election data suggests a substantial leaning toward the Republican Party, capturing roughly 73 percent of the vote. Democrats trailed significantly with around 25 percent, while Libertarians barely made a mark at just under 2 percent. The absence of votes for the Green Party and negligible impact from other parties highlight a predominantly two-party preference among voters in this region.
73.27% of voters voted for the Republican party in the 2020 Presidential Election
25.15% of voters voted for the Democrat party in the 2020 Presidential Election
1.59% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Morris County, Kansas has experienced a generally increasing student-to-teacher ratio, peaking at approximately 13 students per teacher in 2022 before dipping slightly in 2023. This ratio still falls below the national average, suggesting smaller class sizes and potential for more individualized attention. This could attract families focused on education, investors looking at community growth, and real estate agents leveraging local... Read more
Student-to-teacher ratio in Morris County, Kansas over the last 10 years
Morris County, Kansas has seen a varied but generally increasing student-to-teacher ratio over the past decade, starting at around 11 students per teacher in 2014 and peaking at approximately 13 in 2022 before a slight decline in 2023. This ratio remains below the national average of 14 students per teacher, suggesting smaller class sizes which might mean more individualized attention but also might indicate funding or population dynamics that could influence the local educational environment. This aspect can be an essential consideration for families prioritizing education, investors evaluating community growth potential, and real estate agents highlighting local amenities.
