Adair County Real Estate and Livability Trends
Adair County, Missouri, presents an intriguing growth scenario for real estate stakeholders. From 2013 to 2021, average taxable income climbed from $43,424.81 to $56,599.69, hinting at economic vibrancy that could attract investors and developers. Median home values rose from $108,000 in 2015 to $146,700 in 2022, still under Missouri's average of $199,400, indicating affordability. Mortgage... Read more
Adair County Market Trends
Adair County, Missouri has seen its median home value rise from $108,000 in 2015 to $146,700 in 2022, showcasing a healthy growth trend, yet still offering more affordable housing compared to Missouri's average of $199,400. The residential energy tax credit per tax return has fluctuated, with notable highs like $3533.33 in 2018, suggesting potential spikes in energy-efficient home improvements.... Read more
Median Value of Occupied Housing Units in Adair County, Missouri Over the Last 8 Years
Over the last eight years, median home values in Adair County, Missouri have generally trended upward, increasing from $108,000 in 2015 to $146,700 in 2022. While this reflects a solid growth trajectory, it's still somewhat lower compared to Missouri's state average, which hit $199,400 in 2022, and significantly below the national average of $179,400. These figures might suggest Adair County offers relatively more affordable housing options, a potential draw for investors and homebuyers seeking value in a rising market.
Residential Energy Tax Credit Per Tax Return in Adair County, MO Over the Last 9 Years
In Adair County, Missouri, the average residential energy tax credit per tax return has seen fluctuating trends over the past nine years, likely driven by changes in energy policy and homeowner behavior. Noteworthy highs, like 2018's $3533.33, suggest a potential spike in energy-efficient home improvements or incentives, while other years, such as 2014’s $666.67, indicate far less activity. Understanding these patterns may help investors and real estate agents forecast the demand for energy-efficient housing, provide insights for appraisers and insurance agents on property values, and guide residents in optimizing their tax benefits.
Average Real Estate Taxes Per Tax Return in Adair County, MO Over the Last 10 Years
Over the last decade, Adair County, Missouri, has experienced notable fluctuations in average real estate taxes per tax return. From a modest $1,664.23 in 2012, the figure has seen peaks like $3,033.33 in 2019, and some dips, such as $2,733.33 in 2021. This variability suggests potential influences from property value changes, tax rate adjustments, or economic factors, making it crucial for investors, homeowners, and real estate professionals to closely monitor these trends.
Percentage of Farm Returns in Adair County, MO Over the Last 10 Years
Farm tax returns in Adair County, Missouri have fluctuated slightly over the past decade, hovering around 8.18% to 9.11%. While there’s been a marginal decline in recent years, dipping to a low of 8.13% in 2020, the overall trend is relatively stable. For potential investors and those considering moving or building in the area, this consistency in farm tax filings may offer a reassuring sign of steady agricultural activity. This can potentially translate to a stable economic environment driven by farming, a key consideration for those interested in rural and agricultural investments.
Number of Mortgages by Occupancy Type in Adair County, MO Over the Last 5 Years in Adair County
In Adair County, Missouri, the past five years have seen interesting trends in mortgage numbers by occupancy type. Principal residences consistently maintain the highest mortgage counts, peaking in 2020 and 2021, likely reflecting a strong demand for primary homes. Meanwhile, investment properties show a fluctuating yet overall rising trend, with notable increases in recent years, indicating potential growth in the rental market or speculative investments. Mortgages for second residences remain relatively low, suggesting lesser interest or affordability in secondary homes. These shifts can significantly impact investment strategies, real estate valuations, and even insurance dynamics, as the type of occupancy can influence property risk and market stability. Understanding these patterns is crucial for investors, appraisers, real estate agents, and those evaluating residency in the area.
Economic Outlook
Adair County, Missouri has experienced an interesting rise in average taxable income per tax return, climbing from $43,424.81 in 2013 to $56,599.69 in 2021. This trend suggests a potentially growing local economy, appealing to investors, property developers, and real estate agents. Fluctuations in average state and local income taxes have also been noted, with notable peaks in 2018 and 2019. Additionally, the average total tax liability per tax return has steadily increased, reaching over... Read more
Average Taxable Income per Tax Return in Adair County, MO over the last 9 years
Adair County, Missouri has experienced a notable uptick in average taxable income per tax return over the past nine years. Starting from $43,424.81 in 2013, the average income rose steadily to $56,599.69 in 2021. This general upward trend suggests a potentially growing local economy, which could be appealing to investors, property developers, real estate agents, and those considering relocation. The consistent increase might also indicate rising property values and changing insurance requirements, making it a critical point of interest for appraisers and insurance agents alike.
Average State and Local Income Taxes Per Tax Return in Adair County, MO Over the Last 10 Years
Adair County, Missouri has seen fluctuating average state and local income taxes per tax return over the last decade, with notable spikes in 2018 ($7,943.75) and 2019 ($8,009.09). These increases might impact potential investors and residents considering the financial landscape. Interestingly, years 2012 and 2016 exhibited lower averages around the $5,600.00 range, highlighting variations that could be important for budgeting and financial planning.
Average Total Tax Liability Per Tax Return in Adair County, MO Over the Last 10 Years
Over the past decade in Adair County, Missouri, there's been a noticeable increase in average total tax liability per tax return, with initial figures around mid-$6,000s in 2012 steadily rising to over $8,100 by 2021. This trend may suggest growing income levels and potentially greater economic opportunities, making it an interesting spot for those looking to invest or move. It also highlights a key consideration for appraisers, insurance agents, and those interested in the real estate market as higher tax liabilities often reflect rising property values and possibly more robust infrastructure and services in the area.
Cost of Living in Adair County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,060 | $1,375 | $2,501 | $925 | $1,220 |
| 1 adult 4 children | $1,060 | $1,123 | $1,918 | $925 | $1,277 |
| 2 adults 3 children | $1,060 | $1,124 | $2,168 | $925 | $964 |
| 1 adult 3 children | $1,060 | $917 | $1,584 | $925 | $994 |
| 2 adults 2 children | $746 | $920 | $1,835 | $797 | $791 |
| 1 adult 2 children | $746 | $687 | $1,251 | $797 | $673 |
| 2 adults 1 child | $746 | $727 | $1,501 | $382 | $700 |
| 1 adult 1 child | $746 | $470 | $917 | $382 | $561 |
| 2 adults | $567 | $584 | $1,168 | $0 | $579 |
| 1 adult | $499 | $319 | $584 | $0 | $486 |
Safety trends & Data
Adair County, Missouri has experienced notable variability in property crime over the past five years. Larceny-theft, while generally the highest reported crime, decreased significantly from 61 in 2018 to 12 in 2021, slightly rising again to 33 in 2022. Burglary cases showed volatility, with peaks in 2020 and again in 2022. Vandalism also surged to 18 cases in 2022 after previously remaining around 5-7 cases. Motor vehicle theft and arson have stayed consistently low. Understanding these trends... Read more
Property Crime Trends in Adair County, MO Over the Last 5 Years
Adair County, Missouri has seen fluctuating property crime trends over the past five years. Larceny-theft consistently held the highest numbers but dropped significantly from 61 in 2018 to 12 in 2021, and then slightly increased to 33 in 2022. Burglary incidents spiked in 2020 at 19 and again in 2022, indicating potential volatility in this crime category. Vandalism saw a notable peak in 2022 with 18 cases after hovering around 5-7 in previous years. Motor vehicle theft and arson remain relatively low. For potential investors and residents, understanding these patterns is crucial for evaluating area safety and property risk.
Demographics
Adair County, Missouri, has a slightly higher female adult population, which could affect community services and local economy dynamics. Educationally, there's a notable portion with advanced degrees possibly driving higher income levels or a focus on educational investments. The age distribution suggests a younger demographic presence, especially with a significant number of residents aged 20-24, potentially linked to local higher education institutions. There's a predominant White... Read more
Race Distribution in Adair County, Missouri (2022)
Educational Attainment in Adair County, Missouri (2022)
Age Distribution in Adair County, Missouri
Citizen Population in Adair County, Missouri (2022)
Political Trends & Data
Adair County, Missouri, might show a strong inclination towards the Republican Party, with roughly 62% of the votes in the 2020 presidential election going in their favor. Democrats, while having a notable presence, lag behind, capturing around 36% of the vote. Third parties, including the Libertarian and Green parties, appear to wield minimal influence, collectively drawing less than 2% of the vote. Other minor parties or independents potentially garnered around 0.1%, indicating their limited... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Adair County, Missouri, might lean significantly towards the Republican Party, given that approximately 62% of the votes were cast for them in the 2020 presidential election. Democrats seemingly secure around 36% of the vote, which indicates they have a solid presence but lag behind. Third parties, such as the Libertarian and Green parties, appear to have minimal impact, possibly gathering just over 1.5% and 0.4% of the vote, respectively. Other minor parties or independent candidates may have attracted around 0.1% of the vote, suggesting limited influence.
62.05% of voters voted for the Republican party in the 2020 Presidential Election
35.89% of voters voted for the Democrat party in the 2020 Presidential Election
1.52% of voters voted for the Livertarian party in the 2020 Presidential Election
0.42% of voters voted for the Green party in the 2020 Presidential Election
0.13% of voters voted for the Other party in the 2020 Presidential Election
School Data
Adair County, Missouri, has reported student-to-teacher ratios consistently lower than the national average of 14 students per teacher, typically fluctuating between 9 and 10 over the past decade. This trend might suggest that students benefit from smaller class sizes, potentially leading to better educational outcomes. This could be a compelling factor for families considering a move to the area and valuable information for real estate agents showcasing the quality of local schools. Investors... Read more
Student-to-teacher ratio in Adair County, Missouri over the last 10 years
Adair County, Missouri has consistently reported student-to-teacher ratios lower than the national average of 14 students per teacher, fluctuating between 9 and 10 over the past decade. This trend suggests that students in Adair County likely benefit from smaller class sizes, which might lead to more individualized attention and potentially better educational outcomes. Such favorable student-to-teacher ratios could be a compelling factor for families considering a move to the area, as well as for real estate agents highlighting the quality of local education. Investors and developers might also find this data valuable, as it indicates a community potentially attractive to families prioritizing education.
