Sumner County Real Estate and Livability Trends
Sumner County, Kansas has witnessed noticeable economic and real estate growth. Average taxable income per tax return increased from about $51,977 in 2013 to $62,621 in 2021, coupled with a rise in median home values from $83,900 in 2015 to $116,400 in 2022. Energy-efficient homes are becoming more popular, with residential energy tax credits rising from roughly $452.38 in 2013 to about $1,625.00... Read more
Sumner County Market Trends
Sumner County, Kansas has witnessed a notable rise in median home values from $83,900 in 2015 to $116,400 in 2022, offering more affordable investment opportunities compared to state and national medians. The rise in residential energy tax credits per tax return, from roughly $452.38 in 2013 to about $1,625.00 in 2021, indicates a growing shift toward energy-efficient homes, which could benefit... Read more
Median Value of Occupied Housing Units in Sumner County, Kansas Over the Last 8 Years
Sumner County, Kansas, has seen a steady increase in median home values over the last eight years, jumping from $83,900 in 2015 to $116,400 in 2022. While this growth is impressive, it still lags behind the state-wide median of $189,300 and the national median of $179,400 as of 2022. This trend could present a more affordable investment opportunity in Sumner County compared to other parts of Kansas and the United States. For those looking to move, build, or invest in property, the county's upward trajectory in home values combined with its relative affordability might make it an appealing option.
Residential Energy Tax Credit Per Tax Return in Sumner County, KS Over the Last 8 Years
The upward trend in the average residential energy tax credit per tax return in Sumner County, Kansas, indicates a growing investment in energy-efficient home improvements. With the credit rising from approximately $452.38 in 2013 to about $1,625.00 in 2021, homeowners and potential investors might see this as an incentive to adopt green technologies. This trend could suggest favorable future property valuations and potential savings on energy costs, making this area attractive for real estate agents, builders, appraisers, and insurance agents focusing on energy-efficient homes. The sharp increase in 2021 could hint at a surge in energy-efficient installations or possibly enhanced credit schemes, which can also be a valuable selling point for new residents or developers.
Average Real Estate Taxes Per Tax Return in Sumner County, KS Over the Last 10 Years
In Sumner County, Kansas, average real estate taxes per tax return have seen a general upward trend over the past decade, with occasional fluctuations. Starting from approximately $2,304.58 in 2012, taxes rose steadily reaching around $3,585.71 by 2021, suggesting increasing property values or tax rates. This upward trajectory might interest investors and real estate agents looking for appreciation opportunities. For potential movers and appraisers, it's important to recognize that long-term residents could be experiencing higher annual costs, which might influence living expenses and home valuation assessments. Insurance agents and builders should also be aware of these changes as they reflect the area's evolving economic landscape.
Percentage of Farm Returns in Sumner County, KS Over the Last 10 Years
Farm tax returns in Sumner County, Kansas reflect the economic health of agricultural operations, showing a slight decrease over the past decade. In 2012, 9.29% of tax returns were filed by farms, dropping to 7.92% by 2021. This modest decline suggests that while farming remains vital, other sectors might be growing or farms consolidating. Investors, developers, and potential new residents can infer that while agriculture is important, there may be diversification in local economic activities, potentially providing a balanced environment for both rural and residential development.
Number of Mortgages by Occupancy Type in Sumner County, KS Over the Last 5 Years in Sumner County
Sumner County, Kansas has seen fluctuating mortgage counts over the last five years, with principal residences consistently dominating the market. Investment properties have shown a slight decrease, while second residences remain minimal. These trends in occupancy types are crucial for investors and builders seeking to understand market stability and demand, affecting risk assessments and potential returns. Real estate agents and appraisers could see the strong preference for principal residences as an indicator of a stable living environment, while insurance agents might adjust policies based on the lower volume of investment properties. The data suggests a primarily residential-driven market with limited appetite for vacation or secondary homes, impacting strategic decisions for developers and potential residents alike.
Economic Outlook
Sumner County, Kansas, is experiencing a noticeable rise in average taxable income per tax return, climbing from about $51,977 in 2013 to approximately $62,621 in 2021, with significant spikes in 2018 and substantial recent increases. Concurrently, state and local income taxes have seen an upward trend, peaking at $8,828.57 in 2020 before slightly dipping to $7,631.25 in 2021, indicating potential economic growth or legislative changes. Average total tax liability has also fluctuated, reaching... Read more
Average Taxable Income per Tax Return in Sumner County, KS over the last 9 years
Sumner County, Kansas has experienced a generally upward trend in average taxable income per tax return over the past nine years, jumping from approximately $51,977 in 2013 to about $62,621 in 2021. Notable spikes in 2018 and recent substantial increases suggest a growing economic climate. This could indicate a healthier job market, better wages, and increased consumer spending, making the county an attractive option for real estate investments, new business ventures, and residential relocation.
Average State and Local Income Taxes Per Tax Return in Sumner County, KS Over the Last 10 Years
Sumner County, Kansas has seen a notable uptick in state and local income taxes per tax return over the past decade. Starting at $5,658.90 in 2012, the average tax burden fluctuated but showed a clear rising trend, peaking at $8,828.57 in 2020 before a slight dip to $7,631.25 in 2021. This upward movement could indicate economic growth, rising incomes, or legislative changes impacting tax rates, all essential factors for potential investors, property developers, and residents considering financial decisions and commitments in the region.
Average Total Tax Liability Per Tax Return in Sumner County, KS Over the Last 10 Years
Sumner County, Kansas, is seeing some notable fluctuations in average total tax liability per tax return over the past decade, ranging from around $7,063.80 in 2019 to approximately $8,319.73 in 2021. This variability may suggest economic factors or policy changes influencing the area's tax landscape. Spikes like the one seen in 2021 could imply higher income levels or changes in taxable income sources, while dips might reflect economic downturns or tax relief measures. Investors and potential residents should consider these factors for a nuanced understanding of the region's financial trends.
Cost of Living in Sumner County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,077 | $1,363 | $1,770 | $1,140 | $1,089 |
| 1 adult 4 children | $1,077 | $1,113 | $1,361 | $1,140 | $1,206 |
| 2 adults 3 children | $1,077 | $1,114 | $1,532 | $1,140 | $879 |
| 1 adult 3 children | $1,077 | $909 | $1,123 | $1,140 | $969 |
| 2 adults 2 children | $852 | $912 | $1,294 | $994 | $780 |
| 1 adult 2 children | $852 | $681 | $885 | $994 | $742 |
| 2 adults 1 child | $852 | $721 | $1,056 | $522 | $735 |
| 1 adult 1 child | $852 | $465 | $647 | $522 | $617 |
| 2 adults | $647 | $579 | $818 | $0 | $592 |
| 1 adult | $570 | $316 | $409 | $0 | $514 |
Safety trends & Data
Sumner County, Kansas, has seen notable property crime trends over the past five years, with a significant spike in vandalism incidents peaking at 55 in 2020. Burglary and larceny-theft also surged to 17 and 18 cases respectively that year, hinting at underlying socioeconomic causes. Interestingly, motor vehicle thefts have stayed consistently low but steady. These nuances matter for real estate investors, appraisers, and insurance agents assessing risk and investment conditions in the... Read more
Property Crime Trends in Sumner County, KS Over the Last 5 Years
Sumner County, Kansas has experienced notable fluctuations in property crimes over the last five years. Vandalism peaked significantly in 2020 at 55 incidents, suggesting a potential focus area for preventive measures and insurance considerations. Burglary and larceny-theft also saw sharp increases that year, reaching 17 and 18 reported cases respectively, hinting at potential spikes due to socioeconomic factors. Meanwhile, instances of motor vehicle theft have consistently remained low but relatively steady. These trends provide crucial insights for real estate investors, appraisers, and insurance agents assessing risk and investment conditions in Sumner County.
Demographics
In Sumner County, Kansas, 2022 showed a roughly even split between male and female adults. The county's educational profile may indicate challenges, with a significant number of residents having only high school diplomas or some college education without a degree, which could impact workforce readiness. Age-wise, there's a higher concentration of residents aged 55 to 64 years, potentially signaling future shifts in community needs, especially in healthcare and retirement services. Racially, the... Read more
Race Distribution in Sumner County, Kansas (2022)
Educational Attainment in Sumner County, Kansas (2022)
Age Distribution in Sumner County, Kansas
Citizen Population in Sumner County, Kansas (2022)
Political Trends & Data
Sumner County, Kansas, saw a significant tilt towards the Republican party in the 2020 U.S. Presidential Election, with around 74% of the votes. Democrats received nearly 24%, and the Libertarian party just over 2%. The absence of votes for the Green party and others could imply that these minor parties have minimal impact or recognition in the area. This trend might point to a predominantly conservative voter base, yet with over a fifth of voters leaning Democrat, there appears to be a notable... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Sumner County, Kansas, the 2020 U.S. Presidential Election revealed a strong leaning towards the Republican party with roughly 74% of the votes. Democrats garnered close to 24%, while the Libertarian party secured just over 2%. The lack of votes for the Green party and others might suggest minimal influence or recognition within the county. This trend could indicate a predominantly conservative voter base, though the presence of over a fifth leaning Democrat suggests some degree of political diversity.
74.17% of voters voted for the Republican party in the 2020 Presidential Election
23.71% of voters voted for the Democrat party in the 2020 Presidential Election
2.12% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Sumner County, Kansas, the student-to-teacher ratio has consistently remained between 11 and 12 over the past decade, below the national average of 14. This lower ratio may suggest more individualized attention for students, which could appeal to families considering relocation. Real estate agents might use this statistic to attract education-focused buyers, while appraisers and insurance agents could see it impacting property values and premiums. Developers might find potential in creating... Read more
Student-to-teacher ratio in Sumner County, Kansas over the last 10 years
In Sumner County, Kansas, the student-to-teacher ratio has fluctuated slightly between 11 and 12 over the past decade, consistently staying below the national average of 14 students per teacher. For families considering relocation, this lower ratio might indicate more individualized attention for students compared to the national standard. Real estate agents could leverage this statistic to attract buyers focused on education quality. Education-focused appraisers and insurance agents may find this data influencing property values and premiums. Investors and developers might see opportunities in constructing family-friendly housing developments near schools. For local residents, this trend potentially reflects a community committed to maintaining manageable class sizes.
