Wichita County Real Estate and Livability Trends
In Wichita County, Kansas, average taxable income per tax return peaked at $71,921.15 in 2021 after significant fluctuations, hinting at underlying economic shifts. Similarly, state and local income taxes saw dramatic changes, impacting financial planning. The median home value hit $101,500 in 2020, then adjusted to $96,700 in 2022. Farm returns as a portion of tax filings remained strong,... Read more
Wichita County Market Trends
In Wichita County, Kansas, the median home value has experienced considerable fluctuations from $70,600 in 2015, peaking at $101,500 in 2020, before settling at $96,700 in 2022—still notably below Kansas and national medians. These dynamics suggest potential affordability for new investors or entry-level buyers. Real estate taxes have also varied significantly, particularly spiking to $4,033.33... Read more
Median Value of Occupied Housing Units in Wichita County, Kansas Over the Last 8 Years
In Wichita County, Kansas, the median home value has seen fluctuations over the past eight years, starting from $70,600 in 2015 and peaking at $101,500 in 2020, before settling at $96,700 in 2022. When compared to statewide Kansas values, which rose from $132,000 to $189,300, and national values that climbed from $125,500 to $179,400, Wichita County's market shows a more volatile yet generally lower upward trajectory. This suggests potential for more affordable investment opportunities or entry-level home purchases in the county relative to broader state and national markets.
Average Real Estate Taxes Per Tax Return in Wichita County, KS Over the Last 10 Years
Over the last ten years, Wichita County, Kansas has seen a notable fluctuation in average real estate taxes per tax return. From 2012 to 2014, there was a steady, modest increase from $2,512.50 to $2,615.38. However, the period from 2015 to 2021 experienced larger variations, with a significant spike in 2015 reaching $3,172.73, dropping slightly and then peaking dramatically in 2021 at $4,033.33. These shifts can influence decisions for potential investors, real estate agents, and property developers as they reflect changes in the local economy and taxation policies. Additionally, the recent increase in 2021 might indicate forthcoming policy shifts or economic developments.
Percentage of Farm Returns in Wichita County, KS Over the Last 10 Years
The percentage of farm returns in Wichita County, Kansas, has shown variability over the last decade, starting at 19.63% in 2012 and peaking at 23.08% in 2015. Farm tax returns include income generated from agricultural activities, which could indicate the economic health and productivity of farming operations in the area. Such trends might reflect broader economic conditions, the adoption of new farming technologies, or changes in crop yields. These percentages are crucial for prospective investors or developers, highlighting the potential stability and growth of agricultural ventures in Wichita County.
Number of Mortgages by Occupancy Type in Wichita County, KS Over the Last 5 Years in Wichita County
There has been a noticeable increase in the number of mortgages for principal residences in Wichita County, Kansas over the last five years, peaking at 29 in 2021. Investment properties have shown slower growth, with a significant uptick to 6 mortgages in 2022. No substantial changes have been seen for second residences. These shifts in occupancy type may suggest evolving preferences, possibly driven by economic factors, work-from-home trends, or local market conditions. For investors, this could indicate emerging opportunities; appraisers and insurance agents might need to recalibrate their valuations and risk assessments accordingly. For real estate agents and those considering a move, understanding this dynamic could be critical for making informed decisions in Wichita County.
Economic Outlook
In Wichita County, Kansas, the average taxable income per tax return has shown significant variability, peaking at $71,921.15 in 2021 after a major dip to $51,054.21 in 2016. Such fluctuations suggest underlying economic shifts that could be crucial for investors and homebuyers. Average state and local income taxes per tax return also experienced dramatic changes, with a peak of $11,894.12 in 2012 and a low of $3,810.00 in 2014, followed by a rise to $9,300.00 in 2020 before decreasing to... Read more
Average Taxable Income per Tax Return in Wichita County, KS over the last 9 years
Over the past nine years, Wichita County, Kansas has seen some fluctuations in average taxable income per tax return, with notable rebounds following declines. After a dip to $51,054.21 in 2016, there was a gradual recovery, peaking significantly at $71,921.15 in 2021. This variability could suggest underlying economic changes, which might be critical for investors, real estate agents, and those planning to move to the area. The recent rise in average incomes hints at economic resilience or growth opportunities in Wichita County.
Average State and Local Income Taxes Per Tax Return in Wichita County, KS Over the Last 10 Years
Over the last decade in Wichita County, Kansas, average state and local income taxes per tax return have demonstrated significant fluctuation. After peaking at $11,894.12 in 2012, taxes saw a sharp decline to $3,810.00 by 2014. This was followed by a gradual increase, reaching a secondary high of $9,300.00 in 2020, before slightly dropping to $7,100.00 in 2021. For investors, property developers, and residents, this variability in tax obligations could influence financial planning and investment strategies in the region.
Average Total Tax Liability Per Tax Return in Wichita County, KS Over the Last 10 Years
Over the past decade, Wichita County in Kansas has seen fluctuations in the average total tax liability per tax return, initially experiencing a decrease from $11,775.31 in 2012 to $7,930.77 in 2017. Interestingly, this trend reversed with a noticeable hike to $11,741.46 by 2021. For potential investors and residents, understanding these shifts can provide insight into the economic and fiscal changes within the county that might influence property investments and living costs.
Cost of Living in Wichita County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,113 | $1,359 | $2,183 | $966 | $1,222 |
| 1 adult 4 children | $1,113 | $1,110 | $1,671 | $966 | $1,324 |
| 2 adults 3 children | $1,113 | $1,110 | $1,893 | $966 | $985 |
| 1 adult 3 children | $1,113 | $907 | $1,381 | $966 | $1,060 |
| 2 adults 2 children | $788 | $909 | $1,603 | $837 | $817 |
| 1 adult 2 children | $788 | $679 | $1,091 | $837 | $731 |
| 2 adults 1 child | $788 | $718 | $1,313 | $419 | $752 |
| 1 adult 1 child | $788 | $464 | $801 | $419 | $626 |
| 2 adults | $698 | $577 | $1,023 | $0 | $678 |
| 1 adult | $584 | $315 | $511 | $0 | $562 |
Safety trends & Data
Property crime in Wichita County, Kansas has fluctuated over the past two years, with larceny-theft incidents logged at 1.00 in 2020 and vandalism cases doubling to 2.00 in 2021. This change might reflect shifts in law enforcement priorities or community behavior. Awareness of these trends could be essential for investors and real estate professionals when evaluating property values and necessary security measures. Insurance agents might also take these numbers into account for assessing risk... Read more
Property Crime Trends in Wichita County, KS Over the Last 2 Years
Property crime in Wichita County, Kansas, has shown some fluctuation over the last two years. In 2020, larceny-theft incidents were recorded at 1.00, while vandalism cases doubled to 2.00 in 2021. These shifts could suggest varying enforcement priorities or changes in community behavior. For investors and real estate professionals, being aware of these trends might inform decisions on property values and security measures. Insurance agents might also consider these numbers when assessing risk and determining premiums for property coverage in the area.
Demographics
In Wichita County, Kansas, the adult population appears slightly male-dominant. Educational attainment shows a substantial portion of residents with high school education or some college experience, while those with graduate or professional degrees are relatively rare. The age distribution hints at a considerable aging population, with significant numbers in both younger (under 10 years) and older age brackets (65 years and over). Racial composition is overwhelmingly White, with minimal... Read more
Race Distribution in Wichita County, Kansas (2022)
Educational Attainment in Wichita County, Kansas (2022)
Age Distribution in Wichita County, Kansas
Citizen Population in Wichita County, Kansas (2022)
Political Trends & Data
Wichita County, Kansas displayed a strong Republican preference, with approximately 83% of the votes in the 2020 U.S. Presidential Election, while Democrats garnered around 15%, and Libertarians attracted about 1%. This suggests a dominating conservative base which may shape local policies and governance, possibly impacting social and economic initiatives. The minimal support for other parties indicates a fairly homogenous political landscape in terms of voter... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Wichita County in Kansas appears to have leaned heavily Republican in the 2020 U.S. Presidential Election, capturing approximately 83% of the votes. Democratic support was likely around 15%, with Libertarians attracting just about 1%. This distribution potentially reflects a strong conservative base in this area, which could influence local policy and governance. Given the minimal presence of other parties, there seems to be limited political diversity in voter preference.
83.47% of voters voted for the Republican party in the 2020 Presidential Election
15.39% of voters voted for the Democrat party in the 2020 Presidential Election
1.14% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Wichita County, Kansas consistently boasts a student-to-teacher ratio between approximately 9.5 and 11.5, significantly below the national average of 14 students per teacher over the past decade. This potentially allows educators to focus more on individual students, enhancing educational outcomes. For anyone considering moving or investing here, this educational advantage could be a crucial factor. Plus, it’s a valuable metric for real estate agents and appraisers when valuing properties,... Read more
Student-to-teacher ratio in Wichita County, Kansas over the last 10 years
The student-to-teacher ratio in Wichita County, Kansas has consistently been below the national average of 14 students per teacher over the last decade, with values ranging from approximately 9.5 to 11.5. This trend suggests that educators in the county may be able to allocate more attention and resources to each student compared to the national average, potentially enhancing educational outcomes. For those looking to invest in, move to, or work in Wichita County, this lower student-to-teacher ratio could signify a stronger educational environment, making it an attractive consideration. It’s also a key metric for real estate agents and appraisers who factor local educational quality into their valuations, and for insurance agents assessing risk factors.
