Neosho County Real Estate and Livability Trends

Neosho County, Kansas has experienced a steady rise in median home values, increasing from $69,800 in 2015 to $99,400 in 2022, which though moderate, is slower compared to statewide and national trends. This slower growth might present hidden value opportunities for savvy investors or those seeking affordable properties. Real estate tax returns per property have also grown, escalating from... $2,575.00 in 2012 to $3,827.78 in 2021, suggesting either a rise in property values or change in tax assessments. Consistent agricultural tax return percentages around 9.5% indicate a stable agricultural base, potentially making for stable land values. The primary demand for mortgages in principal residences significantly exceeds those for investment or second homes, suggesting a stable residential market, but potentially fewer opportunities for rental income or property flipping. Read more

Neosho County, Kansas has experienced a general rise in average taxable income per tax return over the past nine years, hitting $54,456.31 in 2021 from $43,970.85 in 2013, indicating a potentially strengthening local economy. Concurrently, average state and local income taxes per tax return have nearly doubled, peaking at $11,281.25 by 2021, with significant increases from 2017 onwards, suggesting economic growth and rising fiscal pressures. Additionally, the average total tax liability per tax... return has generally trended upward, reaching $7,152.76 in 2021, which could point to either increasing property values or growing incomes, making the county an intriguing prospect for investors, homebuilders, or future residents. Read more

Property crime trends in Neosho County, Kansas indicate a generally low occurrence of incidents over the past four years. Larceny-theft peaked at 3.00 arrests in 2019, while burglary saw a slight increase from 1.00 in 2020 to 2.00 annually in the following years. Vandalism and stolen property crimes remained minimal, each with 1.00 incident in both 2020 and 2021. Fraud was noted only in 2022 with 1.00 incident. This relative stability in property crime rates might be of interest to investors,... real estate agents, and future residents assessing the area's safety. Read more

Neosho County, Kansas, showcases a demographic landscape where the adult population leans slightly female, encompassing a diverse age range with the largest segments being those aged 45 to 64 years. Educational attainment reveals a strong inclination toward high school graduates and those with some college education, while advanced degrees aren't as prevalent. The racial composition is predominantly White, with minor representations from other races. This demographic mix highlights varied... educational backgrounds and a predominantly older population, which could influence local economic and social policies. Read more

Neosho County, Kansas, has a solid Republican leaning, evidenced by approximately 72% of votes going to the GOP in the 2020 U.S. Presidential Election. Democrats managed around 26%, with Libertarians barely capturing over 1.6%. This strong conservative tilt could influence local real estate policies and development trends, possibly affecting market dynamics in terms of regulation and... taxation. Read more

Neosho County, Kansas has seen changes in its student-teacher ratio over the last decade, ranging from nearly 12 students per teacher in 2016 to almost 15 in 2020. The latest figure in 2023 indicates a ratio of about 14 students per teacher. These fluctuations could influence decisions in investment, relocation, and property development, as a tighter ratio often means more personalized student attention, potentially making the area more attractive to those valuing quality education. Conversely,... higher ratios might point to increasing student enrollment or teacher shortages, key factors for appraisers and insurance agents when assessing community growth and resource allocation. Read more