Sheridan County Real Estate and Livability Trends
Sheridan County, Kansas has experienced interesting economic shifts, with average taxable income recovering from a steep decline in 2016 to reach $68,169.29 in 2021. Real estate tax trends have nearly doubled between 2012 and 2021, potentially influencing investment decisions. Home values have shown upward momentum, climbing from $91,400 in 2015 to $134,900 in 2022, positioning the county as an... Read more
Sheridan County Market Trends
Sheridan County, Kansas observed strengthening home values from 2015 to 2022, ascending from $91,400 to $134,900. This rise, while notable, suggests that the county remains a more affordable alternative against broader state and national benchmarks. Real estate tax trends saw a substantial increase, particularly from 2012 to 2021, with average taxes per return nearly doubling, which could impact... Read more
Median Value of Occupied Housing Units in Sheridan County, Kansas Over the Last 8 Years
Sheridan County, Kansas has seen a steady increase in median home values over the last eight years, starting at $91,400 in 2015 and reaching $134,900 in 2022. Compared to Kansas as a whole, which grew from $132,000 to $189,300 during the same period, Sheridan County offers more affordable housing options. Nationally, the median home value jumped from $125,500 to $179,400, indicating that Sheridan County remains significantly lower in cost, which might be appealing for new buyers or investors looking for lower entry points in the real estate market.
Average Real Estate Taxes Per Tax Return in Sheridan County, KS Over the Last 10 Years
The average real estate taxes per tax return in Sheridan County, Kansas have shown notable fluctuations over the last decade. Prices were relatively lower in 2012 at $2,265.00, with a significant spike in 2016 reaching $3,571.43. The most marked increase appears in 2021 where the average tax return hit $4,033.33, nearly double the amount a decade prior. These variances could be crucial for investors, potential residents, and real estate professionals considering the pricing trends and property value implications in the area.
Percentage of Farm Returns in Sheridan County, KS Over the Last 10 Years
Farm returns in Sheridan County, Kansas have generally shown a steady presence, fluctuating around the 27% to 30% range over the past decade. The peak was around 2013 with approximately 29.77%, while the lowest point was in 2017, dipping to about 26.19%. These figures may suggest a consistent but slightly declining interest or viability in farming within this region. For those looking to invest, move to, or develop property in Sheridan County, understanding these trends could be crucial, as they reflect a significant aspect of the local economy and land use. Farm tax returns refer to the tax filings made by farm owners to report income from farming activities, essential for gauging the economic health and engagement in agriculture in the region.
Number of Mortgages by Occupancy Type in Sheridan County, KS Over the Last 5 Years in Sheridan County
Sheridan County, Kansas has experienced some dynamic shifts in mortgage counts by occupancy type over the past five years. While principal residence mortgages dominate, peaking noticeably in 2021 at 70, there is a notable fluctuation in investment property mortgages, with a high of nine in 2020 but a dip to just one in 2019. Second residence mortgages remain minimal. These trends can signal shifting community priorities and economic conditions, influencing the investment landscape. Buyers, investors, appraisers, insurance agents, and real estate professionals might find the rise or decline in investment property mortgages particularly telling, potentially reflecting underlying market confidence or economic health in Sheridan County.
Economic Outlook
Sheridan County, Kansas has experienced notable economic fluctuations in recent years. Average taxable income per tax return saw a significant drop from $61,745.80 in 2013 to $39,172.22 in 2016, but has since rebounded to $68,169.29 in 2021. State and local income taxes have also been volatile, with figures swinging from $10,594.74 in 2012 to $4,736.36 in 2014, and climbing back to $12,125.00 in 2021. Total tax liability per tax return has mirrored this instability, ranging from approximately... Read more
Average Taxable Income per Tax Return in Sheridan County, KS over the last 9 years
Sheridan County, Kansas has seen fluctuations in average taxable income over the last nine years, with a notable dip between 2013 and 2016 where it dropped from $61,745.80 to $39,172.22. However, there has been a gradual recovery since, with average taxable income per tax return reaching $68,169.29 in 2021. This volatility could be significant for potential investors and real estate agents assessing the economic stability and growth prospects of the area. For insurance agents and appraisers, understanding these trends can help in risk assessment and valuation, while those considering a move to the region might find the recent upward trend encouraging.
Average State and Local Income Taxes Per Tax Return in Sheridan County, KS Over the Last 10 Years
Over the last decade in Sheridan County, Kansas, average state and local income taxes per tax return have shown notable fluctuations. Starting at $10,594.74 in 2012, the amount dropped sharply to $4,736.36 in 2014 before gradually climbing back to $12,125.00 in 2021. These significant swings highlight a dynamic economic environment, potentially influenced by changes in local policy or economic conditions. For investors and residents, understanding these trends is crucial as they reflect the county's evolving fiscal landscape.
Average Total Tax Liability Per Tax Return in Sheridan County, KS Over the Last 10 Years
Sheridan County, Kansas has seen significant fluctuations in average total tax liability per tax return over the past decade, with values ranging from a low of approximately $8,160.87 in 2018 to a high of around $14,986.73 in 2013. These wide variations suggest economic instability or shifts in tax policy or income levels within the county. Potential investors, homeowners, and developers should be aware of this volatility, as it might impact financial planning and long-term investment strategies in the area.
Cost of Living in Sheridan County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,113 | $1,444 | $2,183 | $966 | $1,295 |
| 1 adult 4 children | $1,113 | $1,179 | $1,671 | $966 | $1,401 |
| 2 adults 3 children | $1,113 | $1,179 | $1,893 | $966 | $1,047 |
| 1 adult 3 children | $1,113 | $963 | $1,381 | $966 | $1,127 |
| 2 adults 2 children | $788 | $965 | $1,603 | $837 | $860 |
| 1 adult 2 children | $788 | $721 | $1,091 | $837 | $806 |
| 2 adults 1 child | $788 | $763 | $1,313 | $419 | $807 |
| 1 adult 1 child | $788 | $493 | $801 | $419 | $656 |
| 2 adults | $649 | $613 | $1,023 | $0 | $691 |
| 1 adult | $584 | $334 | $511 | $0 | $583 |
Safety trends & Data
Sheridan County, Kansas has seen some fluctuations in property crime over the past four years. Fraud cases spiked in 2019 with three arrests, a notable increase from just one in both 2018 and 2022. Larceny-theft incidents also ticked up slightly in 2022, while vandalism was recorded only in 2020 with two incidents. Burglary made a single appearance in 2022. These patterns could indicate shifts in criminal behavior and law enforcement... Read more
Property Crime Trends in Sheridan County, KS Over the Last 4 Years
Sheridan County, Kansas has experienced a varied pattern in property crime over the last four years. Notably, fraud saw a spike in 2019, with three arrests compared to just one in 2018 and 2022. Larceny-theft incidents also showed a small increase in 2022. Vandalism had a presence only in 2020 with two incidents, while burglary made a single appearance in 2022. These fluctuations may reflect changes in both criminal activity and law enforcement practices.
Demographics
In Sheridan County, Kansas, the gender split among adults is almost even, which might suggest a balanced community dynamic. Educational attainment shows a strong emphasis on high school education, while a smaller but notable portion has advanced degrees. The age distribution is quite spread out, with a significant number of older residents, potentially impacting healthcare and retirement services. The racial composition is predominantly White with very few individuals from other racial... Read more
Race Distribution in Sheridan County, Kansas (2022)
Educational Attainment in Sheridan County, Kansas (2022)
Age Distribution in Sheridan County, Kansas
Citizen Population in Sheridan County, Kansas (2022)
Political Trends & Data
In Sheridan County, Kansas, the 2020 U.S. Presidential Election results likely indicate a significant Republican dominance, with nearly 89% of voters choosing the Republican candidate. This strong political leaning could shape local policies and community values, reflecting a deeply rooted conservative alignment. Democratic support appears minimal around 10%, while Libertarian presence is nearly negligible at just over 1%, further emphasizing the strong Republican presence in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Sheridan County, Kansas, the 2020 U.S. Presidential Election results likely reflect a strong Republican leaning, with nearly 89% of the vote going to the Republican candidate. Democratic support appears minimal, hovering around 10%, while Libertarian presence seems almost negligible at just over 1%. Such a distribution could imply a deeply entrenched political alignment in this region, potentially influencing local policies and community values.
88.72% of voters voted for the Republican party in the 2020 Presidential Election
10.17% of voters voted for the Democrat party in the 2020 Presidential Election
1.11% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Sheridan County, Kansas has generally trended downward over the last decade, dipping to around 11 in 2023, which is lower than the national average of 14 students per teacher. This could indicate smaller class sizes and more individualized attention for students, potentially enhancing property values and appeal for investors or those considering a move. Real estate agents and developers might see this as a positive community attribute, suggesting a stable and... Read more
Student-to-teacher ratio in Sheridan County, Kansas over the last 10 years
The student-to-teacher ratio in Sheridan County, Kansas has generally trended downward over the last decade, with a notable dip from 12 in 2014 to around 11 in 2023. This ratio is consistently below the national average, which is around 14 students per teacher. For potential investors or those considering a move to the area, this lower ratio could indicate smaller class sizes and potentially more individualized attention for students. For appraisers or real estate agents, highlighting this educational benefit might enhance property values and appeal. Insurance agents and property developers might also see this as a positive community attribute, suggesting a stable and supportive educational environment.
