Pratt County Real Estate and Livability Trends
Pratt County, Kansas shows a rising trend in average taxable income, climbing from $56,709.57 in 2013 to $68,993.03 in 2021, signaling potential economic resilience. Home values also climbed, with a notable leap from $91,900 in 2019 to $107,500 in 2020, aligning with broader market trends. Real estate taxes saw a considerable rise from $2,876.29 in 2012 to $4,576.92 in 2021, possibly reflecting... Read more
Pratt County Market Trends
In Pratt County, Kansas, home values have climbed steadily, with a notable leap from $91,900 in 2019 to $107,500 in 2020, reflecting a growth trend somewhat aligned with state and national averages. Residential energy tax credits fluctuated, peaking at $420.00 in 2016, suggesting intermittent investment in energy efficiency. Real estate taxes have seen a notable rise, jumping from $2,876.29 in... Read more
Median Value of Occupied Housing Units in Pratt County, Kansas Over the Last 8 Years
In Pratt County, Kansas, the median home values have been steadily increasing over the past eight years, with a significant jump from $91,900 in 2019 to $107,500 in 2020. This local trend is following a similar but slightly subdued pattern compared to state and national figures. Kansas as a whole saw a rise from $132,000 in 2015 to $189,300 in 2022, while national values climbed from $125,500 to $179,400 during the same period. Homebuyers and investors in Pratt County might find the area attractive considering its relatively lower but progressively appreciating home values, a potential signal for growth.
Residential Energy Tax Credit Per Tax Return in Pratt County, KS Over the Last 7 Years
Pratt County, Kansas has seen fluctuating trends in residential energy tax credits over the past seven years, reflecting varying levels of investment in energy-efficient upgrades. The credits peaked significantly in 2016 at $420.00 and showed moderate stability around $250.00 in the earlier years, only to drop to $166.67 in 2020 before rising again in 2021. This pattern suggests changes in either local energy policies, investment incentives, or community engagement with sustainable practices. For potential investors, real estate agents, insurers, or those looking to move, these trends could hint at evolving energy efficiency efforts and perhaps growing property value linked with eco-friendly improvements.
Average Real Estate Taxes Per Tax Return in Pratt County, KS Over the Last 10 Years
Over the past decade, Pratt County, Kansas has seen a general uptick in average real estate taxes per tax return, increasing from approximately $2,876.29 in 2012 to around $4,576.92 in 2021. This trend suggests a significant rise in property valuations or tax rates, which might influence decisions for potential investors, developers, and homeowners. For appraisers and insurance agents, this upward trajectory hints at appreciating property values, impacting appraisals and insurance premiums. Real estate agents and those considering relocating should be aware of these rising costs for more informed financial planning.
Percentage of Farm Returns in Pratt County, KS Over the Last 10 Years
In Pratt County, Kansas, the percentage of farm tax returns has seen a modest decline over the last decade, starting at 8.42% in 2012 and dropping to around 7.59% by 2021. Farm tax returns reflect the proportion of taxable income from farming activities, so this trend could suggest a shift in the economic landscape or perhaps challenges in the agricultural sector. For those considering investment, relocation, or development in the area, these numbers could imply changing dynamics in the local economy that may need closer examination.
Number of Mortgages by Occupancy Type in Pratt County, KS Over the Last 5 Years in Pratt County
Over the past five years in Pratt County, Kansas, the number of mortgages for principal residences has shown considerable growth, peaking sharply in 2021. Investment properties, albeit having a smaller share, have also seen a moderate increase. Second residences remain a minor segment with little fluctuation. Shifts in occupancy type can inform investors and real estate agents about market demand and potential growth areas, while appraisers and insurers might find these trends useful for assessing property values and risk. These dynamics are crucial for anyone considering entering or currently in the real estate market in Pratt County.
Economic Outlook
Pratt County, Kansas has seen a rise in average taxable income per tax return, moving from $56,709.57 in 2013 to $68,993.03 in 2021. This trend signals potential economic resilience and growth. Meanwhile, average state and local income taxes presented notable fluctuations, falling to $4,916.67 in 2016 before sharply rising to $10,481.25 in 2020, which may indicate significant economic shifts. Furthermore, the average total tax liability per tax return peaked at $10,793.62 in 2021, after... Read more
Average Taxable Income per Tax Return in Pratt County, KS over the last 9 years
Pratt County, Kansas has experienced fluctuating, but generally increasing, average taxable income per tax return over the past nine years. Moving from $56,709.57 in 2013 to $68,993.03 in 2021, these trends could potentially reflect economic resilience and growth opportunities in the county. The notable rise in recent years, especially the jump from $60,648.37 in 2020 to $68,993.03 in 2021, could indicate positive economic developments worth paying attention to for investors, potential residents, and property developers.
Average State and Local Income Taxes Per Tax Return in Pratt County, KS Over the Last 10 Years
Over the past decade, Pratt County, Kansas has seen a significant fluctuation in average state and local income taxes per tax return. The early 2010s showcased a steady decline from $7,037.08 in 2012 to a low of $4,916.67 in 2016. However, there's been a sharp increase since, peaking at $10,481.25 in 2020. The trends suggest a noteworthy economic shift that potential investors or residents should consider, highlighting periods of both decreased and sharply increased fiscal burdens which could impact financial planning and stability.
Average Total Tax Liability Per Tax Return in Pratt County, KS Over the Last 10 Years
Over the last decade, Pratt County, Kansas has seen fluctuations in average total tax liability per tax return, peaking at $10,793.62 in 2021. Notable dips occurred in 2018, with a liability as low as $8,255.78, suggesting possible economic shifts or policy changes affecting taxable incomes. Investors and prospective residents might find the recent increase in tax liability indicative of rising incomes, but should also consider the historical volatility. For those interested in property development, understanding these trends could crucially inform financial planning and projections.
Cost of Living in Pratt County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,120 | $1,420 | $2,223 | $966 | $1,265 |
| 1 adult 4 children | $1,120 | $1,159 | $1,702 | $966 | $1,361 |
| 2 adults 3 children | $1,120 | $1,160 | $1,927 | $966 | $1,020 |
| 1 adult 3 children | $1,120 | $947 | $1,407 | $966 | $1,090 |
| 2 adults 2 children | $788 | $949 | $1,632 | $837 | $838 |
| 1 adult 2 children | $788 | $709 | $1,111 | $837 | $774 |
| 2 adults 1 child | $788 | $750 | $1,336 | $419 | $787 |
| 1 adult 1 child | $788 | $485 | $816 | $419 | $636 |
| 2 adults | $686 | $603 | $1,041 | $0 | $687 |
| 1 adult | $584 | $329 | $521 | $0 | $568 |
Safety trends & Data
Pratt County, Kansas, has seen variable property crime trends over the past five years, with notable spikes in vandalism in 2020 and larceny-theft in 2020 and 2022. Burglary saw a significant increase in 2019, and motor vehicle theft peaked in 2020. These fluctuations might concern potential investors and real estate agents, highlighting areas where enhanced security measures could be prudent. This dynamic landscape of property crimes is crucial for evaluating risk and overall safety in the... Read more
Property Crime Trends in Pratt County, KS Over the Last 5 Years
Pratt County, Kansas, has seen fluctuating property crime trends over the past five years. Vandalism peaked in 2020 with six incidents, while larceny-theft saw notable spikes in both 2020 and 2022. Burglary and motor vehicle theft each experienced isolated increases, notably in 2019 for burglary and 2020 for motor vehicle theft. These trends suggest a variable pattern that could be of concern for potential investors, real estate agents, and insurance agents, indicating areas where enhanced security measures may be worthwhile. This dynamic landscape of property crimes is crucial for those evaluating risk and the overall safety of the county.
Demographics
Pratt County, Kansas shows a slightly higher number of females than males in its adult population. Educational attainment reveals that a significant portion of residents have attended some college or achieved a high school diploma, pointing towards a populace that prioritizes basic education. The age distribution skews towards an older demographic with a notable percentage of its population over the age of 55. The racial makeup is predominantly White, with very minimal representation from other... Read more
Race Distribution in Pratt County, Kansas (2022)
Educational Attainment in Pratt County, Kansas (2022)
Age Distribution in Pratt County, Kansas
Citizen Population in Pratt County, Kansas (2022)
Political Trends & Data
Pratt County, Kansas, saw a strong Republican preference in the 2020 U.S. Presidential Election, with around 75% of the vote going GOP. Democrats captured about 22.5%, and Libertarians had a minor presence at just over 2%, suggesting a notable two-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Pratt County in Kansas leaned heavily Republican in the 2020 U.S. Presidential Election, with the GOP capturing roughly 75% of the vote. Democrats trailed significantly, garnering about 22.5%, while Libertarians made a minimal impact with just over 2%. The absence of Green or other party votes might indicate a strong two-party preference in the area.
75.13% of voters voted for the Republican party in the 2020 Presidential Election
22.55% of voters voted for the Democrat party in the 2020 Presidential Election
2.32% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Pratt County, Kansas, has seen student-to-teacher ratios that hover just above the national average of 14 students per teacher, peaking at 16.45 in 2015 and dipping to 14.3 in 2016. In recent years, these ratios have stabilized between 15 and 16. Such trends might be pivotal for prospective investors and educators as they hint at classroom crowding and its potential impact on educational quality. For real estate agents and families, this data could be key when evaluating school district... Read more
Student-to-teacher ratio in Pratt County, Kansas over the last 10 years
Pratt County, Kansas has experienced slight fluctuations in student-to-teacher ratios over the past decade, with figures generally hovering above the national average of 14 students per teacher. Notably, ratios peaked at 16.45 in 2015 and saw a low of 14.3 in 2016. Recent years have maintained a relatively stable range between 15 and 16. These trends could be significant for prospective investors, educators, and community planners, as higher student-to-teacher ratios may imply more crowded classrooms, potentially affecting educational quality and resource allocation. Real estate agents and families might find this data useful when considering school district performance as a factor in relocation decisions.
