Trego County Real Estate and Livability Trends
Trego County, Kansas, has seen an increase in median home values from $86,900.00 in 2015 to $114,900.00 in 2022, indicating affordability compared to state and national averages. Real estate taxes have fluctuated, notably peaking at $3,900.00 in 2020 before dropping to $2,200.00 in 2021. Farm tax returns hint at agricultural stability, with percentages around 18.25% in 2021. Principal residence... Read more
Trego County Market Trends
Trego County's median home values have increased notably from $86,900 in 2015 to $114,900 in 2022, offering a more affordable option compared to Kansas state and national averages. Real estate taxes have shown considerable volatility, peaking at $3,900.00 in 2020 and dropping to $2,200.00 in 2021, suggesting potential impacts from municipal spending or policy shifts. Farm tax return percentages... Read more
Median Value of Occupied Housing Units in Trego County, Kansas Over the Last 8 Years
Median home values in Trego County have shown a steady increase over the past eight years, rising from $86,900 in 2015 to $114,900 in 2022. Compared to the Kansas state median, which grew from $132,000 to $189,300 in the same period, Trego County's home values remain more affordable. On a national level, where median values skyrocketed from $125,500 to $179,400, Trego County offers a significantly lower entry point for homebuyers. This could be particularly appealing for investors and residents seeking cost-effective housing options in an escalating market environment.
Average Real Estate Taxes Per Tax Return in Trego County, KS Over the Last 10 Years
Over the past decade, Trego County, Kansas has seen significant fluctuations in real estate taxes per tax return, peaking in 2020 at $3,900.00 before dropping sharply to $2,200.00 in 2021. This region demonstrates considerable volatility, which could influence decisions for potential investors and property developers. High tax periods, like in 2020, might point to higher municipal spending or reassessment events, while drops, such as in 2021, could indicate policy changes or economic adjustments. Keeping an eye on these trends may be crucial for those planning long-term investments or understanding property value shifts in the area.
Percentage of Farm Returns in Trego County, KS Over the Last 10 Years
Over the last decade, Trego County, Kansas has seen fluctuating percentages of farm tax returns, peaking at around 20.65% in 2012 before stabilizing closer to 18.25% in 2021. Farm tax returns reflect the proportion of tax filings identifying as farm-related, offering insights into the agricultural economic health of the region. This data is crucial for investors, property developers, and potential residents, as it can indicate the level of agricultural activity, land value trends, and overall economic stability driven by farming in the county.
Number of Mortgages by Occupancy Type in Trego County, KS Over the Last 5 Years in Trego County
In Trego County, Kansas, there appears to be some fluctuation in the number of mortgages associated with different occupancy types over the last five years. Notably, principal residence mortgages have shown variability, peaking at 71 in 2021 from a low of 31 in 2019, suggesting changing demands or market conditions. Investment properties and second residences have remained relatively stable but with slight variations indicating a consistent interest without dramatic shifts. These trends could be significant for investors, real estate agents, and those considering relocation as they reflect the area's housing market health and potential for investment returns. Additionally, shifts in the type of occupancy might influence appraisors and insurance agents in their assessment and risk calculation processes.
Economic Outlook
The average taxable income per tax return in Trego County, Kansas, has shown upward trends, moving from $44,500.00 in 2016 to $62,323.94 in 2021, hinting at economic resilience. Concurrently, state and local income taxes have seen fluctuations, initially decreasing sharply but then rising again to $6,225.00 in 2021. Total tax liability per tax return also demonstrated significant shifts, with a peak at $9,711.76 in 2014 and a low at $5,770.75 in 2018, before increasing to $8,767.27 in 2021.... Read more
Average Taxable Income per Tax Return in Trego County, KS over the last 9 years
Average taxable income per tax return in Trego County, Kansas has seen notable fluctuations over the past nine years. From a low of $44,500.00 in 2016, it climbed steadily to $62,323.94 in 2021. Such trends might attract investors and real estate agents, suggesting economic resilience and potential for growth in a rural setting. This could influence property values and local market stability, making it an interesting point of reference for appraisers and insurance agents considering the economic health and investment viability in the area.
Average State and Local Income Taxes Per Tax Return in Trego County, KS Over the Last 9 Years
Trego County, Kansas, has experienced fluctuating state and local income taxes per tax return over the past nine years. Notably, there was a steep decrease from $6,235.00 in 2013 to $3,453.33 in 2015, followed by a period of stabilization and a rise back to $6,225.00 in 2021. This volatility can impact financial planning and investment strategies for residents and potential investors in the area, signaling the need for careful consideration of tax trends when making long-term decisions.
Average Total Tax Liability Per Tax Return in Trego County, KS Over the Last 10 Years
Over the last ten years in Trego County, Kansas, average total tax liability per tax return has fluctuated, peaking at $9,711.76 in 2014 and hitting a low of $5,770.75 in 2018. Notably, after a significant drop post-2014, there has been a gradual increase, reaching $8,767.27 in 2021. This volatility in tax liability levels could influence financial planning for both potential investors and residents. It may also impact decisions around property investment and long-term residency given the variability in tax burden.
Cost of Living in Trego County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $959 | $1,432 | $2,183 | $966 | $1,170 |
| 1 adult 4 children | $959 | $1,169 | $1,671 | $966 | $1,254 |
| 2 adults 3 children | $959 | $1,170 | $1,893 | $966 | $931 |
| 1 adult 3 children | $959 | $955 | $1,381 | $966 | $989 |
| 2 adults 2 children | $788 | $957 | $1,603 | $837 | $829 |
| 1 adult 2 children | $788 | $715 | $1,091 | $837 | $767 |
| 2 adults 1 child | $788 | $757 | $1,313 | $419 | $780 |
| 1 adult 1 child | $788 | $489 | $801 | $419 | $632 |
| 2 adults | $599 | $608 | $1,023 | $0 | $652 |
| 1 adult | $584 | $332 | $511 | $0 | $566 |
Safety trends & Data
Trego County, Kansas has experienced low and fluctuating property crime rates over the past few years. Burglary incidents dipped from 2.00 in 2019 to 1.00 starting in 2020 and stayed there through 2022, while larceny-theft peaked slightly at 2.00 incidents in 2020. Other property crimes, such as stolen property and vandalism, were minimal with just 1.00 incident each in recent years, suggesting a safer environment that might appeal to residents and investors. These trends could correlate with... Read more
Property Crime Trends in Trego County, KS Over the Last 4 Years
Trego County, Kansas has seen low instances of property crimes over the past four years with notable fluctuations. Burglary incidents decreased from 2.00 in 2019 to 1.00 in 2020 and maintained that level through 2022. Larceny-theft saw a minor peak in 2020 with 2.00 incidents, but other types of property crimes like stolen property and vandalism were minimal, each recording just 1.00 incident in recent years. This relatively low crime rate could imply a safer environment for potential residents and investors, contributing to potentially higher property values and lower insurance premiums.
Demographics
Trego County, Kansas shows a relatively balanced gender ratio with slightly more females than males. The population is predominantly White, with minimal representation from other racial groups. Educational attainment is varied, though the majority of adults either have a high school diploma or some higher education. Age distribution is spread across all age groups, indicating a stable mix of younger and older residents. This demographic diversity might influence local policies, resource... Read more
Race Distribution in Trego County, Kansas (2022)
Educational Attainment in Trego County, Kansas (2022)
Age Distribution in Trego County, Kansas
Citizen Population in Trego County, Kansas (2022)
Political Trends & Data
In Trego County, Kansas, the real estate market may be subtly influenced by the political leanings observed during the 2020 U.S. Presidential Election. With approximately 84% of voters showing strong Republican support, some may infer that local policies and community preferences could lean towards conservative values. This could potentially impact zoning laws, property taxes, and development incentives, making it a point of interest for realtors and investors considering the area's political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Trego County, Kansas, the 2020 U.S. Presidential Election saw a significant lean towards the Republican party, capturing roughly 84% of the votes. Democratic support lagged considerably at about 15%, while the Libertarian party barely made a dent with just over 1.5%. This stark disparity highlights a strong Republican preference, with marginal influence from other parties.
83.62% of voters voted for the Republican party in the 2020 Presidential Election
14.85% of voters voted for the Democrat party in the 2020 Presidential Election
1.53% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Trego County, Kansas has maintained a student-to-teacher ratio between approximately ten and twelve students per teacher over the past decade, consistently below the national average of fourteen. This trend could appeal to families who value personalized education for their children and might also present a key selling point for real estate agents. Lower ratios often signal lower teacher turnover and community stability, which could be attractive to investors and long-term residents... Read more
Student-to-teacher ratio in Trego County, Kansas over the last 10 years
Over the past decade, Trego County, Kansas has generally maintained a favorable student-to-teacher ratio, fluctuating between approximately ten and twelve students per teacher, which is consistently below the national average of fourteen. This lower ratio indicates smaller class sizes, which could be attractive for families prioritizing individualized attention and personalized education for their children. For potential investors and real estate agents, this trend might suggest a selling point for properties in the area, while insurance agents and appraisers might consider it indicative of a stable local school system contributing to community desirability. Smaller class sizes can also be a sign of lower teacher turnover and potential community stability, factors valuable to anyone considering long-term residency or investment in the region.
