Republic County Real Estate and Livability Trends
Republic County, Kansas has displayed notable economic growth, with average taxable income rising from $44,196.58 in 2017 to $56,285.78 in 2021. Median home values have steadily increased from $48,900 in 2015 to $71,000 in 2022, maintaining affordability well below state and national medians, potentially appealing to investors. Real estate taxes surged from $2,354.17 in 2012 to $4,033.33 in 2020,... Read more
Republic County Market Trends
Republic County, Kansas has seen a steady increase in median home values from $48,900 in 2015 to $71,000 in 2022, still well below the state and national medians. This price gap might offer attractive investment opportunities due to its affordability. Residential energy tax credits per tax return dropped from $300.00 in 2013-2014 to $200.00 in 2015, possibly reflecting changes in local energy... Read more
Median Value of Occupied Housing Units in Republic County, Kansas Over the Last 8 Years
Republic County, Kansas has seen a steady increase in median home values over the past 8 years, from $48,900 in 2015 to $71,000 in 2022. While these figures suggest consistent local growth, they remain significantly lower compared to the state of Kansas, where the median home value reached $189,300 in 2022, and the national level, which hit $179,400. This disparity may indicate potential investment opportunities, as more affordable housing could attract new residents or investors seeking lower entry points. The county's market dynamics may also suggest a unique affordability for those looking to move away from pricier urban settings.
Residential Energy Tax Credit Per Tax Return in Republic County, KS Over the Last 3 Years
Residential energy tax credits per tax return in Republic County, Kansas saw a consistent $300.00 average in 2013 and 2014, before dropping to $200.00 in 2015. This decline could suggest changes in energy efficiency investments or policy adjustments within the county. For potential investors, real estate professionals, and residents, understanding these fluctuations might offer insights into local government incentives and property improvement trends.
Average Real Estate Taxes Per Tax Return in Republic County, KS Over the Last 10 Years
Republic County, Kansas has seen a notable rise in average real estate taxes per tax return over the past decade. Starting at around $2,354.17 in 2012 and peaking at approximately $4,033.33 in 2020, this upward trend reveals significant tax increases. Such changes might impact property investment strategies, potentially influencing decisions on buying, selling, and insuring properties. For those involved in real estate, understanding these tax trends could be crucial for advising clients and appraising property values accurately. For potential residents or current homeowners, these increasing taxes may also affect long-term financial planning and the affordability of living in the area.
Percentage of Farm Returns in Republic County, KS Over the Last 10 Years
Farm tax returns in Republic County, Kansas have seen some fluctuation over the past decade but generally exhibit a slow decline. In 2012, farm returns made up around 20.72% of total tax filings, which dipped to around 18.93% by 2021. This trend could suggest a gradual shift away from farming as a dominant economic activity in the region. For potential investors, developers, or new residents, this might indicate evolving economic dynamics and opportunities in different sectors beyond traditional agriculture.
Number of Mortgages by Occupancy Type in Republic County, KS Over the Last 5 Years in Republic County
Over the past five years in Republic County, Kansas, a noticeable majority of mortgages have been for principal residences, while investment property and second residence loans were much fewer. This skew suggests a stable, residential-focused community, which could indicate lower volatility for investors but may limit short-term rental opportunities. For appraisers and insurance agents, understanding the dominance of principal residence loans can guide valuation standards and risk assessments pertinent to primarily owner-occupied homes.
Economic Outlook
Republic County, Kansas has shown an upward trend in average taxable income, moving from $44,196.58 in 2017 to $56,285.78 in 2021, hinting at economic growth or increased employment opportunities. State and local income taxes have experienced volatility, dropping to $4,250.00 in 2017 but peaking again at $9,000.00 in 2020. The average total tax liability per tax return also fluctuated, with a significant rebound from $5,918.47 in 2019 to $8,059.77 in 2021. These trends collectively suggest... Read more
Average Taxable Income per Tax Return in Republic County, KS over the last 9 years
Republic County, Kansas, has seen fluctuations in average taxable income over the past nine years, with income levels generally rising but showing some volatility. Notably, from 2017 to 2021, there was an uptick from $44,196.58 to $56,285.78, suggesting potential economic growth or employment opportunities that could attract new residents or investors. This trend could be of interest to those considering building property or moving to the county, as increased income might correlate with a growing local economy and improved amenities.
Average State and Local Income Taxes Per Tax Return in Republic County, KS Over the Last 10 Years
Over the past decade, Republic County, Kansas has seen considerable fluctuations in average state and local income taxes per tax return. While there was a notable dip in tax amounts from $6,979.17 in 2012 to $4,250.00 in 2017, recent years have shown a resurgence, peaking at $9,000.00 in 2020. This volatility indicates economic shifts and can influence financial planning for anyone considering moving to or investing in the area.
Average Total Tax Liability Per Tax Return in Republic County, KS Over the Last 10 Years
Over the past decade, Republic County, Kansas, has seen fluctuating average total tax liabilities per tax return, with a notable high in 2021 at $8059.77. The data indicates some volatility, with a significant dip around 2019 reaching a low of $5918.47 before rebounding. This pattern suggests potential economic shifts that investors, potential homebuyers, or those looking to build might find worth examining. Variations in tax liability can reflect changes in the local economy, tax policies, or varying income levels, making it an important metric for those interested in the region's financial landscape.
Cost of Living in Republic County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,055 | $1,464 | $2,149 | $966 | $1,232 |
| 1 adult 4 children | $1,055 | $1,195 | $1,645 | $966 | $1,326 |
| 2 adults 3 children | $1,055 | $1,196 | $1,864 | $966 | $986 |
| 1 adult 3 children | $1,055 | $976 | $1,360 | $966 | $1,055 |
| 2 adults 2 children | $788 | $979 | $1,578 | $837 | $835 |
| 1 adult 2 children | $788 | $731 | $1,075 | $837 | $747 |
| 2 adults 1 child | $788 | $774 | $1,293 | $419 | $765 |
| 1 adult 1 child | $788 | $500 | $789 | $419 | $634 |
| 2 adults | $698 | $622 | $1,007 | $0 | $688 |
| 1 adult | $584 | $339 | $504 | $0 | $567 |
Safety trends & Data
Republic County, Kansas, has seen property crime fluctuations over the past few years. Vandalism is the most recurrent issue, peaking at 7.00 reported incidents in 2019 and hitting another 5.00 incidents in 2022. Larceny-theft peaked in 2020 with 4.00 cases but showed variability in other years. Motor vehicle theft maintained a consistent presence, particularly in 2019 and 2022, both with 2.00 incidents. For potential investors and property developers, these trends offer critical insights into... Read more
Property Crime Trends in Republic County, KS Over the Last 5 Years
Republic County, Kansas, has seen some fluctuation in property crime over the past five years. Vandalism appears as the most recurrent issue, peaking at 7.00 reported incidents in 2019 and observing another significant number of 5.00 in 2022. Larceny-theft has also been notable, reaching its high in 2020 with 4.00 cases but showing variability across the other years. Motor vehicle theft showed a consistent presence, particularly in 2019 and 2022, both with 2.00 incidents. This data can be quite valuable for potential investors and property developers as it provides insight into the types of crimes that could impact property values and insurance rates. Understanding these trends is essential for real estate agents, appraisers, and current residents who need a realistic picture of the county's crime landscape.
Demographics
Republic County, Kansas, shows an interesting demographic trend with a nearly balanced adult male and female population. Educational attainment highlights a significant portion of residents having a high school diploma or some college experience, with some holding higher degrees. Age distribution indicates a sizable older population, especially those between 55 to 74 years, potentially reflecting a retiring demographic. Racially, the county is predominantly White with very small minority... Read more
Race Distribution in Republic County, Kansas (2022)
Educational Attainment in Republic County, Kansas (2022)
Age Distribution in Republic County, Kansas
Citizen Population in Republic County, Kansas (2022)
Political Trends & Data
Republic County, Kansas exhibits a marked preference for the Republican Party, evidenced by over 82% of the 2020 Presidential Election votes going to the Republican candidate. Democrats managed roughly 16% of the vote, while Libertarians barely reached 2%. This polarization indicates a clear lean towards major party candidates, with other parties virtually absent from the political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Republic County, Kansas saw a substantial majority of its 2020 U.S. Presidential Election votes going to the Republican candidate, with over 82% support. Democrats trailed significantly, garnering around 16% of the vote, while Libertarians held a minimal share at just under 2%. The near absence of Green Party and other candidates suggests a strongly polarized electorate favoring major party candidates.
82.12% of voters voted for the Republican party in the 2020 Presidential Election
15.96% of voters voted for the Democrat party in the 2020 Presidential Election
1.92% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Republic County, Kansas, boasts a student-to-teacher ratio of nine to twelve, consistently lower than the national average of fourteen. This could indicate more individualized attention per student, which might lead to better educational outcomes. For those relocating, this could be appealing, hinting at a strong educational environment. Real estate agents might highlight the potential positive impact on property values, and investors or builders might view this as an incentive to develop... Read more
Student-to-teacher ratio in Republic County, Kansas over the last 10 years
Republic County, Kansas has generally maintained a student-to-teacher ratio ranging between nine and twelve over the past decade. While the ratios have fluctuated, they consistently fall below the national average of fourteen students per teacher. This lower ratio could imply more individualized attention per student, potentially leading to better educational outcomes. For those considering relocating, this may be an attractive quality, suggesting a strong educational environment. Real estate agents and appraisers might note the likely positive impact on property values, while insurance agents consider community stability. Investors and builders might see this as an incentive to develop properties targeting families.
