Rush County Real Estate and Livability Trends
Rush County, Kansas, has seen some intriguing economic and real estate dynamics. Average taxable income per tax return jumped to $58,578.95 in 2021, hinting at growth prospects. Median home values have risen to $74,900 in 2022, suggesting affordable investment potential. Real estate taxes hit a peak at $2,866.67 in 2021, which may necessitate financial caution. Interestingly, the county's... Read more
Rush County Market Trends
Rush County, Kansas has experienced an increase in median home values from $62,100 in 2015 to $74,900 in 2022, although still well below state and national levels, suggesting affordable investment opportunities. The county has maintained an average residential energy tax credit of $150.00 per tax return over the last two years, indicating a stable uptake of energy-efficient home improvements.... Read more
Median Value of Occupied Housing Units in Rush County, Kansas Over the Last 8 Years
Rush County, Kansas has seen a steady increase in median home values over the past eight years, rising from $62,100 in 2015 to $74,900 in 2022. While this increase is significant, it’s important to note that these values are still considerably lower than both state and national levels. Kansas as a whole saw its median home values escalate from $132,000 in 2015 to $189,300 in 2022, and the national median surged from $125,500 in 2015 to $179,400 in 2022. For investors or potential homebuyers, this gap might suggest an opportunity for more affordable real estate investment in Rush County compared to broader market trends.
Residential Energy Tax Credit Per Tax Return in Rush County, KS Over the Last 2 Years
Over the last two years, Rush County, Kansas saw a consistent average residential energy tax credit of $150.00 per tax return. This could suggest a stable investment in energy-efficient improvements among homeowners. This consistency might be reassuring for potential investors, appraisers, and real estate agents considering the market's potential for energy-efficient initiatives.
Average Real Estate Taxes Per Tax Return in Rush County, KS Over the Last 10 Years
Rush County, Kansas has seen notable fluctuations in average real estate taxes per tax return over the past decade. From a starting point of around $2,004.35 in 2012, there was a slight upward trend that peaked at $2,500.00 in 2016. However, there was a significant drop to $1,675.00 in 2018, followed by more variability, culminating in a high of $2,866.67 in 2021. This volatility suggests that potential investors, real estate agents, and residents should closely monitor these trends for better financial planning and risk assessment.
Percentage of Farm Returns in Rush County, KS Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Rush County, Kansas, has seen a gradual decline. Starting at approximately 20.50% in 2012, the figure dropped to about 17.79% by 2021. Farm tax returns are tax filings from farming businesses and can be an indicator of the agricultural sector's economic health in the region. This trend could suggest a decrease in farming activities or profitability, something potential investors or new residents might want to consider. This information might be particularly relevant for those looking to invest in agricultural real estate or the agribusiness sector, as well as those considering the sustainability of the local farming community.
Number of Mortgages by Occupancy Type in Rush County, KS Over the Last 5 Years in Rush County
Over the past five years in Rush County, Kansas, there has been a consistent majority of mortgages for principal residences, with counts fluctuating around the mid-50s to low 80s. Investment properties have seen smaller but variable numbers, ranging from 2 to 5. The count for second residences has remained stagnant at 1 per year. These shifts in occupancy types can be critical indicators for investors and real estate agents, revealing potential opportunities or risks. For appraisers and insurance agents, understanding these trends can provide insights into market stability and property demand. For those planning to move or build, it offers a snapshot of neighborhood dynamics and potential community growth.
Economic Outlook
Rush County, Kansas, has experienced notable economic shifts in recent years, with average taxable income per tax return jumping from $48,783.54 in 2020 to $58,578.95 in 2021, signaling potential growth opportunities. Meanwhile, state and local income taxes have varied significantly, reaching $7,800.00 in 2020 after a dip to $4,000.00 in 2016, hinting at possible changes in tax policies. Additionally, total tax liability per return has shown a marked increase from $5,556.57 in 2018 to $8,298.26... Read more
Average Taxable Income per Tax Return in Rush County, KS over the last 9 years
Rush County, Kansas has seen fluctuations in average taxable income per tax return over the past nine years, with the most notable increase from $48,783.54 in 2020 to $58,578.95 in 2021. This trend suggests economic variability but overall growth, likely appealing to potential investors and real estate professionals seeking promising markets. With such a significant income rise, the county might offer new opportunities for those interested in property development, insurance, and financial appraisals.
Average State and Local Income Taxes Per Tax Return in Rush County, KS Over the Last 10 Years
Over the last decade, Rush County, Kansas has seen a notable fluctuation in average state and local income taxes per tax return. Starting at $5,205.26 in 2012, the tax levels saw a significant dip by 2016 to $4,000.00, followed by a sharp climb to $7,800.00 in 2020. For potential investors and residents, this volatility highlights both economic shifts and possible changes in local tax policies that could impact financial planning and investment decisions.
Average Total Tax Liability Per Tax Return in Rush County, KS Over the Last 10 Years
Over the past decade, Rush County, Kansas has seen fluctuations in average total tax liability per tax return. Notably, there was a high in 2014 reaching approximately $7,089.38, followed by a period of relative decline, hitting a low in 2018 at around $5,556.57. Interestingly, 2021 saw a significant spike to around $8,298.26. These shifts potentially reflect broader economic conditions and policy changes, which might be crucial for potential investors, property developers, and residents to consider when evaluating the financial landscape of the county.
Cost of Living in Rush County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,061 | $1,416 | $2,183 | $966 | $1,246 |
1 adult 4 children | $1,061 | $1,156 | $1,671 | $966 | $1,345 |
2 adults 3 children | $1,061 | $1,156 | $1,893 | $966 | $1,002 |
1 adult 3 children | $1,061 | $944 | $1,381 | $966 | $1,074 |
2 adults 2 children | $788 | $947 | $1,603 | $837 | $845 |
1 adult 2 children | $788 | $707 | $1,091 | $837 | $760 |
2 adults 1 child | $788 | $748 | $1,313 | $419 | $774 |
1 adult 1 child | $788 | $483 | $801 | $419 | $642 |
2 adults | $690 | $601 | $1,023 | $0 | $693 |
1 adult | $584 | $328 | $511 | $0 | $571 |
Safety trends & Data
Rush County, Kansas has experienced fluctuating property crime rates over the past five years, which could interest various stakeholders. Larceny-theft saw its peak in 2021 with 11 cases, but 2022 showed a decline. Fraud cases hit a high in 2018, while motor vehicle theft peaked in 2020. While burglary incidents increased slightly from 2020 to 2021, vandalism incidents have been more sporadic, and 2022 saw a rare incident of forgery and counterfeiting. These crime trends might be particularly... Read more
Property Crime Trends in Rush County, KS Over the Last 5 Years
Over the past five years, Rush County, Kansas has seen some fluctuations in property crimes. Larceny-theft incidents appear to have peaked in 2021 with 11 reported cases but have shown a decrease in 2022. There's been a noticeable presence of fraud and motor vehicle theft, with fraud cases peaking in 2018, while motor vehicle theft saw its highest in 2020. Burglary, though less frequent, increased slightly between 2020 and 2021. Vandalism has been reported sporadically, and 2022 saw a rare instance of forgery and counterfeiting. These trends could be essential for potential investors, real estate agents, property builders, and those involved in community security planning.
Demographics
Rush County, Kansas, shows a fairly balanced gender distribution among its adult population. Educationally, there are more individuals who have completed high school or pursued higher education to some extent, suggesting a community that values educational progress. The age distribution reveals a higher concentration of older adults, particularly those aged 55 and above. Racially, the county is overwhelmingly White, with minor representation from other races. Such demographics may influence... Read more
Race Distribution in Rush County, Kansas (2022)
Educational Attainment in Rush County, Kansas (2022)
Age Distribution in Rush County, Kansas
Citizen Population in Rush County, Kansas (2022)
Political Trends & Data
In Rush County, Kansas, the 2020 U.S. Presidential Election results suggest a pronounced preference for the Republican Party, which secured over 80% of the vote. Democrats garnered about 18%, indicating a significant political divide. Libertarians made a slight showing with just under 2%, while the Green Party had no recorded votes. This political landscape may influence local policy decisions and community priorities, potentially affecting the real estate market by reinforcing conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Rush County, Kansas, the 2020 U.S. Presidential Election results could indicate a strong leaning toward the Republican Party, capturing over 80% of the vote, while Democrats accounted for roughly 18%. The Libertarian presence was minimal, at just under 2%, with no recorded votes for the Green Party. This voting pattern might reflect broader regional political inclinations or local electorate sentiments.
80.50% of voters voted for the Republican party in the 2020 Presidential Election
17.59% of voters voted for the Democrat party in the 2020 Presidential Election
1.91% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Rush County, Kansas has experienced notable shifts in its student-to-teacher ratio over the past decade, peaking at 19 students per teacher in 2018 before dropping to around 9 students per teacher recently. This ratio compares favorably to the national average of 14 students per teacher and could indicate more personalized attention in classrooms. For real estate professionals, these trends might suggest either improvements in educational quality or changes in enrollment and staffing, impacting... Read more
Student-to-teacher ratio in Rush County, Kansas over the last 10 years
Over the past decade, Rush County, Kansas has seen significant fluctuations in its student-to-teacher ratio, peaking at 19 students per teacher in 2018 before dramatically dropping to around 9 students per teacher in recent years. This compares favorably to the national average of 14 students per teacher, suggesting smaller class sizes that might indicate more personalized attention in classrooms. For potential investors, appraisers, and real estate agents, these trends could signal either a positive shift in educational quality or possible changes in student enrollment and teacher staffing levels. Understanding this dynamic could be pivotal for planning developments, setting property values, and evaluating community growth or decline.