Rooks County Real Estate and Livability Trends
Rooks County, Kansas has seen a rise in median home values from $67,900.00 in 2015 to $88,200.00 in 2022, making it an affordable yet appreciating market. Tax changes are evident with real estate taxes per return doubling since 2012, which may reflect property value and local policy shifts. The county's stable farm activity and a notable increase in mortgage data for principal residences in 2021... Read more
Rooks County Market Trends
Over the last eight years, the median value of occupied housing units in Rooks County, Kansas, increased from $67,900.00 in 2015 to $88,200.00 in 2022, offering a more affordable entry point compared to the state and national levels. Real estate taxes per tax return have notably risen, doubling from $2027.27 in 2012 to $4220.00 in 2021, which could reflect both property values and local tax... Read more
Median Value of Occupied Housing Units in Rooks County, Kansas Over the Last 8 Years
Over the last 8 years, the median value of occupied housing units in Rooks County, Kansas, has seen an increase from $67,900 in 2015 to $88,200 in 2022, displaying a more localized trend compared to the broader market movements. This rise, although modest compared to the national median value which grew from $125,500 to $179,400, and Kansas’ increase from $132,000 to $189,300, highlights the county's gradual value appreciation. This could suggest a more accessible entry point for property investment or homeownership within Rooks County, especially for those looking to avoid the higher price tags seen in larger markets.
Residential Energy Tax Credit Per Tax Return in Rooks County, KS Over the Last 4 Years
Over the past four years, Rooks County, Kansas has observed fluctuations in average residential energy tax credits per tax return. These tax credits increased from $200.00 in 2013 to a peak at $300.00 in 2015, before seeing a slight decrease to $250.00 in 2016. This trend could hint at rising interest in energy-efficient home improvements, suggesting growing homeowner awareness and possibly changing local policies impacting real estate investment.
Average Real Estate Taxes Per Tax Return in Rooks County, KS Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Rooks County, Kansas have generally trended upward, potentially indicating a rise in property values or shifting local tax policies. Starting at approximately $2027.27 in 2012, they reached about $4220.00 by 2021. Notable leaps in 2016 and 2021, with a jump from $2925.93 in 2016 to $3188.89 in 2017, and again from $3300.00 in 2020 to $4220.00 in 2021, suggest significant shifts that could be attributed to a variety of economic factors. This trend is essential for investors, appraisers, and potential homebuyers to consider as it might impact the long-term cost of owning property in the area.
Percentage of Farm Returns in Rooks County, KS Over the Last 10 Years
Over the last decade, the percentage of farm returns in Rooks County, Kansas has seen some fluctuation. From 15.83% in 2012, there was a slight dip to 14.96% by 2014, followed by a peak of 16.18% in 2016. The numbers settled around 15% in recent years, though there was a dip to 14.16% in 2020. For those looking to invest, build property, or move to Rooks County, this data might suggest stable but modest farm activity. Farm tax returns refer to the financial documents filed by farmers detailing income, expenses, and profits tied to farm operations. These returns are key indicators of economic health and viability in agricultural sectors, and a consistent percentage can imply stability in rural economies.
Number of Mortgages by Occupancy Type in Rooks County, KS Over the Last 5 Years in Rooks County
In Rooks County, Kansas, the number of mortgages for principal residences has consistently been higher compared to investment and second properties over the last five years. Principal residence mortgages spiked in 2021, potentially indicating a peak in home-buying activity, while the numbers for investment properties and second residences have remained relatively stable and much lower. For investors or developers, the data highlights limited interest in investment properties, which could influence market strategies and risk assessments. Real estate and insurance professionals might find the trends in principal residence mortgages crucial for understanding the local market's dynamics and housing demand. These shifts in occupancy types play into broader economic and planning strategies for anyone engaged in or contemplating involvement in Rooks County's real estate landscape.
Economic Outlook
Rooks County, Kansas has witnessed an upward trend in average taxable income per tax return since 2018, peaking at $53,975.32 in 2021. This potentially signals growing economic stability and rising property values, making it attractive to real estate stakeholders. Additionally, while state and local income taxes have fluctuated, they peaked at $8,680.00 in 2020, underscoring the need for financial planning due to unpredictable tax liabilities. Finally, the gradual increase in average total tax... Read more
Average Taxable Income per Tax Return in Rooks County, KS over the last 9 years
Rooks County, Kansas, has shown some fluctuation in average taxable income per tax return over the last nine years, with notable dips around 2015 and a steady upward trend from 2018 onwards. The county saw its peak in 2021 at $53,975.32. For real estate agents, appraisers, and investors, this rising trend from 2018 may suggest increasing economic stability and potentially improving property values. Insurance agents and homebuilders might also view increasing incomes as a positive indicator for the area's overall financial health, possibly attracting new residents or encouraging current ones to upgrade their living situations.
Average State and Local Income Taxes Per Tax Return in Rooks County, KS Over the Last 10 Years
Over the last decade, Rooks County, Kansas has seen significant fluctuations in average state and local income taxes per tax return, hitting a low of $4,576.19 in 2017 and peaking at $8,680.00 in 2020. Notably higher amounts in recent years suggest escalating tax obligations, which potential investors and residents should factor into their financial planning. This variability could reflect changes in local economic conditions or tax policies, making budget predictability a challenge.
Average Total Tax Liability Per Tax Return in Rooks County, KS Over the Last 10 Years
Rooks County, Kansas has seen fluctuations in average total tax liability per tax return over the past decade, with a notable dip around 2015, where liabilities dropped to around $6,231.32. More recent years suggest a gradual increase, culminating in 2021 with a high of approximately $7,771.43. This pattern might interest investors and potential residents as it could indicate underlying economic shifts or changes in local taxation policies.
Cost of Living in Rooks County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $971 | $1,424 | $2,183 | $966 | $1,175 |
1 adult 4 children | $971 | $1,163 | $1,671 | $966 | $1,260 |
2 adults 3 children | $971 | $1,163 | $1,893 | $966 | $935 |
1 adult 3 children | $971 | $949 | $1,381 | $966 | $994 |
2 adults 2 children | $788 | $952 | $1,603 | $837 | $828 |
1 adult 2 children | $788 | $711 | $1,091 | $837 | $740 |
2 adults 1 child | $788 | $752 | $1,313 | $419 | $760 |
1 adult 1 child | $788 | $486 | $801 | $419 | $631 |
2 adults | $599 | $604 | $1,023 | $0 | $650 |
1 adult | $584 | $330 | $511 | $0 | $566 |
Safety trends & Data
In Rooks County, Kansas, property crime incidents have fluctuated over the past four years, with a significant increase in burglary, larceny-theft, and motor vehicle theft in 2021. Fraud was the dominant concern in 2019, but recent years have shown consistent larceny-theft and emerging vandalism issues. These crime trends could be crucial for real estate investors and developers considering the area's property safety and overall market... Read more
Property Crime Trends in Rooks County, KS Over the Last 4 Years
Over the last four years in Rooks County, Kansas, property crime incidents have seen noticeable fluctuations. The year 2019 had low activity, with fraud being a primary concern at four incidents. In 2020, there was a notable diversity in types of property crimes, although each type reflected relatively low frequencies. Burglary, larceny-theft, and motor vehicle theft slightly increased in 2021, while the total counts of larceny-theft, holding steady at four, remained a consistent issue through 2022 alongside vandalism. This shift in criminal patterns could inform potential real estate investors or developers about trends in property safety and influence decisions in the local market.
Demographics
Rooks County, Kansas, showcases a balanced gender demographic with almost equal numbers of males and females. The educational attainment suggests a solid proportion of high school graduates, but fewer residents attain bachelor's or higher degrees. Age distribution hints at a relatively aging population, with a noticeable segment over 55 years old. The racial makeup is predominantly White, indicating limited racial diversity. This mix of demographics could influence local policy and economic... Read more
Race Distribution in Rooks County, Kansas (2022)
Educational Attainment in Rooks County, Kansas (2022)
Age Distribution in Rooks County, Kansas
Citizen Population in Rooks County, Kansas (2022)
Political Trends & Data
Rooks County, Kansas leans heavily conservative, with around 86% of 2020 U.S. Presidential Election votes cast for the Republican candidate. The Democratic contender only captured about 13%, and the Libertarian candidate had just under 1.3%. This political landscape could point to conservative preferences potentially influencing local policies and community attitudes, which might affect real estate investments and developments in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Rooks County, Kansas saw a strong inclination towards the Republican candidate in the 2020 U.S. Presidential Election, with about 86% of the vote. The Democratic candidate received roughly 13%, while the Libertarian candidate garnered just under 1.3%. This suggests a prominent conservative leaning in the area's political landscape.
86.14% of voters voted for the Republican party in the 2020 Presidential Election
12.56% of voters voted for the Democrat party in the 2020 Presidential Election
1.30% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Rooks County, Kansas, boasts a student-to-teacher ratio consistently below the national average of 14 students per teacher, fluctuating between 8 to 11 students per teacher over the past decade. This trend could appeal to families seeking personalized education, indicating stable, community-driven environments. Lower ratios can also signal high-quality education, potentially influencing property values and community... Read more
Student-to-teacher ratio in Rooks County, Kansas over the last 10 years
Rooks County, Kansas, has consistently maintained a student-to-teacher ratio below the national average of 14 students per teacher over the past decade, fluctuating between 8 to 11 students per teacher. This relatively low ratio could suggest smaller class sizes, which might be appealing to families seeking more personalized education for their children. For investors and those in the real estate market, this trend might signal stable, community-focused educational environments. Additionally, lower student-to-teacher ratios can be a crucial statistic for appraisers and insurance agents as it may reflect an emphasis on high-quality education, potentially influencing property values and community desirability in Rooks County.