Reno County Real Estate and Livability Trends
Reno County, Kansas, has seen a notable rise in average taxable income per tax return from $48,597.38 in 2013 to $61,149.56 in 2021, suggesting a possibly improving economy that could attract investors. Median home values have also increased by about 26.7% from $94,100 in 2015 to $119,200 in 2022, which still remains more affordable compared to the state median of $189,300. Student-to-teacher... Read more
Reno County Market Trends
Reno County, Kansas has seen its median home values rise roughly 26.7% from $94,100 in 2015 to $119,200 in 2022, offering a more affordable option compared to the state's median of $189,300. Residential energy tax credits per tax return have shown significant fluctuations, with a notable spike to $1,980.00 in 2018, potentially indicating increased focus on energy efficiency. Average real estate... Read more
Median Value of Occupied Housing Units in Reno County, Kansas Over the Last 8 Years
Over the past eight years, Reno County, Kansas has seen its median home values rise from $94,100 in 2015 to $119,200 in 2022. This increase, though significant locally, still places Reno County's housing values below both the Kansas state median, which grew to $189,300 in 2022, and the national median of $179,400 for the same year. For prospective investors or those looking to relocate, this suggests that Reno County may offer more affordable options compared to broader market trends, while still showing a healthy upward trajectory in property values.
Residential Energy Tax Credit Per Tax Return in Reno County, KS Over the Last 9 Years
Reno County, Kansas has seen significant variations in residential energy tax credits per tax return over the past nine years. Starting at $480.00 in 2013, there was a notable increase to $657.14 in 2014 and $782.35 in 2017. The most extraordinary spike occurred in 2018, reaching $1,980.00, which might suggest heightened energy efficiency investments or policy changes during that period. Although there was a decrease the following year, the average credit remained relatively high at $1,018.75 in 2019 and continued to show robust figures such as $812.50 in 2020 and $1,228.57 in 2021. Those considering moving to, investing in, or building property in Reno County might find these trends indicative of a community increasingly focused on energy efficiency and possibly benefiting from substantial tax incentives.
Average Real Estate Taxes Per Tax Return in Reno County, KS Over the Last 10 Years
Over the past decade, Reno County, Kansas has experienced a consistent rise in average real estate taxes per tax return, with figures increasing from approximately $2,838.82 in 2012 to around $5,209.78 in 2021. This upward trend may reflect various factors including appreciating property values and potential changes in municipal tax rates. For prospective investors, homebuyers, and real estate professionals, this pattern suggests that the economic environment in Reno County has been relatively dynamic, possibly influencing the cost of property ownership and insurance.
Percentage of Farm Returns in Reno County, KS Over the Last 10 Years
Reno County, Kansas has seen a steady decrease in the percentage of farm tax returns over the past decade, shifting from around 4.49% in 2012 to about 3.76% in 2021. Farm tax returns essentially reflect the number of farmers filing taxes for farm-related income, and this trend could suggest either a consolidation of farm operations leading to fewer individual returns, or a gradual decline in farming as a profession within the county. For those interested in investing or building property in Reno County, these trends might indicate a shifting economic base, potentially affecting land values and development opportunities.
Number of Mortgages by Occupancy Type in Reno County, KS Over the Last 5 Years in Reno County
In Reno County, Kansas, trends show significant fluctuations in mortgage counts over the last five years, particularly for principal residences, which peaked in 2021 at 2,660. Investment properties reveal a slight yet noticeable variability, with a peak in 2021 at 199 mortgages but generally around 160-170 annually. The number of mortgages for second residences remains minimal but steady. Changes in occupancy types matter as they can indicate shifts in local economic conditions, investment opportunities, and demographic trends. High principal residence numbers may suggest strong local employment opportunities or population growth, vital for those considering investment or property development. Concurrently, variations in investment property and second residence mortgages could signal market confidence and leisure trends, impacting appraisals, insurance premiums, and real estate strategies. Understanding these dynamics provides a nuanced view of the area's real estate landscape.
Economic Outlook
Reno County, Kansas has experienced a steady increase in average taxable income per tax return over the past nine years, climbing from $48,597.38 in 2013 to $61,149.56 in 2021. This trend, alongside significant bumps in 2017 and 2020, suggests an improving local economy that could make the area more appealing to investors and developers. At the same time, state and local income taxes have seen sharp fluctuations, notably dropping mid-decade before spiking to $12,577.53 by 2021. These shifts... Read more
Average Taxable Income per Tax Return in Reno County, KS over the last 9 years
Reno County, Kansas has seen a fairly consistent rise in average taxable income per tax return over the past nine years, moving from $48,597.38 in 2013 to $61,149.56 in 2021. This upward trend, with just a few minor dips, suggests an improving local economy, potentially making the area more attractive for investors, new residents, and property developers. Notable jumps in 2017 and 2020 highlight periods of significant growth, which might be worth further investigation for anyone looking to understand market dynamics in this region.
Average State and Local Income Taxes Per Tax Return in Reno County, KS Over the Last 10 Years
In Reno County, Kansas, the average state and local income taxes per tax return have shown significant fluctuations over the past decade. While the early 2010s experienced relatively stable and moderate figures, there was a notable reduction in the mid-2010s, with taxes dropping from $5,856.75 in 2012 to $4,878.38 in 2016. However, starting from 2017, there was a dramatic uptick, culminating in a significant spike to $12,577.53 by 2021. This escalation could indicate economic growth or changes in tax policies, making Reno County a region of interest for those considering financial investment, property development, or relocation.
Average Total Tax Liability Per Tax Return in Reno County, KS Over the Last 10 Years
Over the last decade, Reno County, Kansas has exhibited a fluctuating average total tax liability per tax return, with amounts varying from $7,355.86 in 2012 to $8,722.54 in 2021. Noteworthy peaks occurred in 2017 and 2021, reaching $8,287.30 and $8,722.54 respectively, suggesting possible economic shifts or policy changes. Potential investors and residents should be mindful of these variations, as they could reflect underlying economic trends or shifts in county-specific regulations impacting financial planning and property investments.
Cost of Living in Reno County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,060 | $1,412 | $1,857 | $966 | $1,029 |
| 1 adult 4 children | $1,060 | $1,153 | $1,419 | $966 | $1,116 |
| 2 adults 3 children | $1,060 | $1,153 | $1,611 | $966 | $828 |
| 1 adult 3 children | $1,060 | $941 | $1,174 | $966 | $872 |
| 2 adults 2 children | $871 | $944 | $1,365 | $837 | $744 |
| 1 adult 2 children | $871 | $705 | $928 | $837 | $658 |
| 2 adults 1 child | $871 | $746 | $1,120 | $419 | $695 |
| 1 adult 1 child | $871 | $482 | $683 | $419 | $586 |
| 2 adults | $662 | $599 | $874 | $0 | $597 |
| 1 adult | $582 | $327 | $437 | $0 | $514 |
Safety trends & Data
Property crime in Reno County, Kansas has shown significant fluctuations over the past five years. Thefts, especially larceny-theft, peaked at 221.00 incidents in 2020 but decreased to 134.00 by 2022. Vandalism cases more than doubled from 49.00 in 2018 to 113.00 in 2022. While fraud and burglary have been relatively stable, the rising vandalism incidents may require heightened attention from investors and insurers navigating this nuanced market... Read more
Property Crime Trends in Reno County, KS Over the Last 5 Years
Property crime in Reno County, Kansas has fluctuated over the last five years, with notable year-to-year changes. Thefts remain prevalent, with larceny-theft incidents peaking at 221.0 in 2020 but showing a decrease to 134.0 by 2022. Vandalism cases saw a significant rise from 49.0 in 2018 to 113.0 in 2022. Despite some variability, fraud and burglary showed relatively stable trends. For investors, insurers, and real estate stakeholders, these statistics suggest a nuanced landscape where property crime, particularly theft and vandalism, warrants attention.
Demographics
Reno County, Kansas’s demographics in 2022 reveal a nearly balanced male and female adult population. The county's educational attainment shows a significant portion of residents with some college education but no degree, indicating potential opportunities for higher education initiatives. Age distribution points to a substantial aging population, with those aged 55 to 64 making up a considerable portion, alongside younger cohorts under 10 years. Racially, the population is predominantly... Read more
Race Distribution in Reno County, Kansas (2022)
Educational Attainment in Reno County, Kansas (2022)
Age Distribution in Reno County, Kansas
Citizen Population in Reno County, Kansas (2022)
Political Trends & Data
Reno County, Kansas saw a notable Republican majority in the 2020 U.S. Presidential Election, with around 66% of votes favoring GOP candidates. Democrats managed approximately 32%, while the Libertarian contender barely edged past 2%. This electoral outcome may indicate a prevailing conservative inclination within the county, likely echoing wider political tendencies throughout... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Reno County, Kansas, displayed a significant lean towards the Republican party in the 2020 U.S. Presidential Election, with roughly 66% of the votes. In contrast, Democrats garnered about 32%, and the Libertarian candidate secured just over 2%. This voting pattern might suggest a strong conservative presence, though it could potentially be reflective of broader regional trends in Kansas.
66.01% of voters voted for the Republican party in the 2020 Presidential Election
31.80% of voters voted for the Democrat party in the 2020 Presidential Election
2.19% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Reno County, Kansas has experienced fluctuations in its student-to-teacher ratio, peaking at 16 students per teacher in 2014 and currently at around 13 students per teacher in 2022. This trend could be enticing for families weighing relocation options, as smaller class sizes often imply more personalized attention for students, potentially boosting educational outcomes. For real estate professionals, this might affect property values, school funding, and community growth, making Reno County an... Read more
Student-to-teacher ratio in Reno County, Kansas over the last 10 years
Over the past decade, Reno County, Kansas has seen fluctuations in its student-to-teacher ratio, peaking at 16 students per teacher in 2014 and dropping to a low of 13 students in 2022. Currently at approximately 13 students per teacher, Reno County is trending more favorably compared to the national average of 14 students per teacher. These changes could impact decisions for families considering moving to the area, as smaller class sizes often suggest more individualized attention for students, potentially enhancing educational outcomes and making Reno County appealing for new residents. This metric also holds importance for real estate agents, investors, appraisers, and insurance agents, as it may influence property values, school funding, and community growth.
