Andrew County Real Estate and Livability Trends
Andrew County, Missouri, is experiencing a notable growth in average taxable income, rising from $53,743.12 in 2013 to $71,136.29 in 2021, hinting at a stronger local economy. Median home values have also increased from $127,200 in 2015 to $175,300 in 2022, tracking national trends but remaining more affordable than the state average. The real estate market's dynamics are further influenced by... Read more
Andrew County Market Trends
Andrew County, Missouri, has seen a steady climb in median home values, from $127,200 in 2015 to $175,300 in 2022, mirroring national trends yet remaining more affordable than the state average of $199,400. Energy tax credits peaked dramatically at $3,733.33 per return in 2018, hinting at robust incentives for energy-efficient upgrades. Real estate taxes have surged over the past decade,... Read more
Median Value of Occupied Housing Units in Andrew County, Missouri Over the Last 8 Years
Over the past eight years, the median home value in Andrew County, Missouri has shown a consistent upward trend, rising from $127,200 in 2015 to $175,300 in 2022. This increase appears more modest compared to the state of Missouri, which saw home values climb from $138,400 to $199,400 in the same period. However, Andrew County's growth seems to closely mirror the national trend, which went from $125,500 in 2015 to $179,400 in 2022. This data might suggest that while Andrew County offers a more gradual appreciation compared to Missouri as a whole, it aligns relatively well with national figures, potentially offering a stable investment or living option for those interested in the heartland.
Residential Energy Tax Credit Per Tax Return in Andrew County, MO Over the Last 9 Years
Andrew County, Missouri has seen significant fluctuations in the average residential energy tax credit per tax return over the past nine years, with notable spikes in 2015, 2018, 2019, and 2020. In 2018, the average credit peaked dramatically at $3,733.33 per return, highlighting a year of substantial investments or improvements in residential energy efficiency. This trend could suggest robust incentives for energy-efficient home upgrades that savvy investors and homeowners may want to take advantage of. For appraisers and real estate agents, understanding these trends can help gauge property values and market appeal, while insurers might consider the implications on property risk profiles.
Average Real Estate Taxes Per Tax Return in Andrew County, MO Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Andrew County, Missouri have generally been on an upward trajectory, with notable jumps in 2016 and 2018. For instance, the average tax per return grew from around $2,052.46 in 2012 to approximately $3,210.34 by 2021. This consistent increase indicates a growing cost of property ownership in the area, which could be a consideration for potential investors and homebuyers. It's a trend that may also impact decisions for appraisers, insurance agents, and real estate professionals as they evaluate the long-term financial landscape of Andrew County properties.
Percentage of Farm Returns in Andrew County, MO Over the Last 10 Years
In Andrew County, Missouri, the percentage of farm tax returns has gradually decreased over the last decade, from about 9.03% in 2012 to 7.59% in 2021. Farm tax returns are critical for understanding agricultural activity because they reflect the number of farms operating as profitable entities and contribute to the local economy. This decline could hint at reduced farm profitability, changes in land use, or consolidation of smaller farms into larger operations. For investors, potential homeowners, and developers, these trends may indicate shifting economic conditions in the region's agricultural sector.
Number of Mortgages by Occupancy Type in Andrew County, MO Over the Last 5 Years in Andrew County
In Andrew County, Missouri, the number of mortgages for principal residences generally increased from 2018 to 2021, peaking sharply in 2021, then seeing a noticeable drop in 2022. Mortgages for investment properties remained relatively stable, with a slightly downward trend, while second residences consistently showed the lowest numbers with minimal fluctuation. Changes in occupancy type matter as they reflect shifts in economic trends, living preferences, and real estate dynamics. For potential investors, an increase in principal residence mortgages indicates growing community stability and attractiveness for long-term living. Conversely, steady investment property figures can signify sustained interest in rental and development opportunities, crucial insights for real estate agents and appraisers assessing property values and market demand.
Economic Outlook
The real estate market in Andrew County, Missouri, showcases a steady rise in average taxable income per tax return, climbing from $53,743.12 in 2013 to $71,136.29 in 2021. Such growth suggests a strengthening local economy, which can attract investors and new residents. Concurrently, the average state and local income taxes have surged from $5,106.29 in 2012 to $12,016.67 in 2021, possibly reflecting economic growth or shifts in tax policies that warrant attention from potential investors.... Read more
Average Taxable Income per Tax Return in Andrew County, MO over the last 9 years
Andrew County, located in Missouri, has shown a steady increase in average taxable income per tax return over the past nine years. Starting at $53,743.12 in 2013, the figure has gradually climbed to $71,136.29 by 2021. This upward trend suggests a growing economic base, which could be attractive for potential investors and new residents. The consistent rise in income levels implies a healthy local economy, making it a potentially stable and lucrative area for real estate agents, property developers, and insurance agents to consider. For those already living in Andrew County, this increase in average income may indicate improving local job markets and, consequently, better quality of life.
Average State and Local Income Taxes Per Tax Return in Andrew County, MO Over the Last 10 Years
Andrew County, Missouri has experienced a notable increase in average state and local income taxes per tax return over the past decade. Starting from around $5,106.29 in 2012, there has been a significant surge peaking at $12,016.67 in 2021. Particularly interesting is the jump from $6,347.73 in 2017 to $9,180.00 in 2018, which suggests a shift that might be worth investigating for potential investors or residents. This sustained rise could reflect economic growth, changes in tax policies, or an increase in average incomes which might appeal to those evaluating the financial landscape of the area.
Average Total Tax Liability Per Tax Return in Andrew County, MO Over the Last 10 Years
Over the past decade, Andrew County, Missouri, has seen a notable increase in average total tax liability per tax return, going from approximately $7,535.67 in 2012 to around $10,756.73 in 2021. This upward trend signifies a growing financial burden on residents, which could impact decisions for potential investors, homebuyers, and those involved in real estate. The fluctuation could be due to a variety of factors, including economic conditions or changes in local tax policies. Understanding these trends is crucial for appraisers, insurance agents, and anyone considering building or moving to the area, as it may affect property values and overall cost of living.
Cost of Living in Andrew County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,197 | $1,399 | $2,455 | $1,240 | $1,494 |
1 adult 4 children | $1,197 | $1,143 | $1,890 | $1,240 | $1,601 |
2 adults 3 children | $1,197 | $1,143 | $2,124 | $1,240 | $1,221 |
1 adult 3 children | $1,197 | $933 | $1,559 | $1,240 | $1,307 |
2 adults 2 children | $923 | $936 | $1,793 | $1,067 | $987 |
1 adult 2 children | $923 | $699 | $1,228 | $1,067 | $938 |
2 adults 1 child | $923 | $740 | $1,461 | $507 | $850 |
1 adult 1 child | $923 | $478 | $896 | $507 | $714 |
2 adults | $701 | $594 | $1,130 | $0 | $674 |
1 adult | $617 | $324 | $565 | $0 | $572 |
Safety trends & Data
Andrew County, Missouri, has experienced a dramatic decrease in burglary and larceny-theft incidents over the past five years, which might positively affect property values and investment opportunities. For example, burglary cases plummeted from nine in 2018 to just one in 2022, and larceny-theft dropped from 29 to five within the same period. However, with a slight uptick in vandalism cases recently, stakeholders such as investors and insurers should consider these evolving crime trends when... Read more
Property Crime Trends in Andrew County, MO Over the Last 5 Years
Over the last five years, Andrew County, Missouri, saw a notable decline in some property crime categories, particularly burglary and larceny-theft incidents. For instance, burglary cases dropped from nine in 2018 to just one in 2022. Larceny-theft, while initially higher with 29 cases in 2018, significantly reduced to five cases by 2022. On the other hand, certain crimes like fraud and vandalism showed variable trends, with vandalism cases increasing slightly in the last few years. These patterns could influence property valuations, investment decisions, and insurance premiums, making the evolving crime landscape a critical factor for multiple stakeholders.
Demographics
Andrew County, Missouri shows a fairly balanced gender distribution among adults, with males just slightly outnumbering females. Educational attainment is varied, with a significant number having completed high school or engaged in some college courses, but relatively fewer holding advanced degrees. The age distribution appears diversified, with a considerable concentration in the 35 to 64-year range, possibly suggesting a stable working-age population. The racial composition is predominantly... Read more
Race Distribution in Andrew County, Missouri (2022)
Educational Attainment in Andrew County, Missouri (2022)
Age Distribution in Andrew County, Missouri
Citizen Population in Andrew County, Missouri (2022)
Political Trends & Data
Andrew County, Missouri, likely features a strong conservative presence, indicated by about 75% of votes leaning Republican in the 2020 Presidential Election. Democrats captured roughly 24%, while other parties nabbed just over 1%. This political lean could potentially shape local policies and impact community decisions, including those in the real estate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Andrew County, Missouri, saw a significant leaning towards the Republican party in the 2020 U.S. Presidential Election, with nearly 75% of the vote possibly going their way. Democrats trailed far behind at around 24%, with Libertarians and other parties collectively capturing just over 1% of the vote. This suggests a strong conservative presence in the county, potentially influencing local and state political dynamics.
74.39% of voters voted for the Republican party in the 2020 Presidential Election
24.11% of voters voted for the Democrat party in the 2020 Presidential Election
1.23% of voters voted for the Livertarian party in the 2020 Presidential Election
0.19% of voters voted for the Green party in the 2020 Presidential Election
0.07% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the last decade, Andrew County, Missouri, has seen a consistent student-to-teacher ratio below the national average of 14, starting from 13 in 2014 and dropping to 12 in 2017 before slightly rising to 13 in 2022. These low ratios may appeal to parents seeking individualized attention in education, suggesting a stable community with strong educational support. For real estate professionals, this trend could signal rising property values and increased demand for family-oriented housing... Read more
Student-to-teacher ratio in Andrew County, Missouri over the last 10 years
Over the last decade, Andrew County, Missouri, has largely maintained a student-to-teacher ratio below the national average of fourteen. Starting from thirteen in 2014 and seeing a low of twelve in 2017 before rising slightly to thirteen in 2022, the county provides a strong argument for smaller class sizes, which could appeal to parents prioritizing individualized attention in education. For investors, appraisers, and real estate agents, these consistently low student-to-teacher ratios may signal a stable and desirable community with strong educational support, potentially driving property values. This trend is relevant for insurance agents and builders too, as it might impact the demand for family-oriented housing developments, contributing to the area's overall appeal.