Barry County Real Estate and Livability Trends
Barry County, Missouri’s real estate market shows promising financial trends, with the median home values rising from $113,000 in 2015 to $159,000 in 2022, still more affordable than state and national averages. The steady increase in taxable income from $48,771.12 in 2020 to $58,564.39 in 2021 could spur housing demand and higher property values. Mortgage activity reveals declining interest in... Read more
Barry County Market Trends
Barry County, Missouri has seen a steady increase in median home values from $113,000 in 2015 to $159,000 in 2022, remaining more affordable compared to state ($199,400) and national ($179,400) levels. This trend offers a potentially compelling opportunity for investors and buyers seeking value. Residential energy tax credits per return spiked at $2,900.00 in 2018 before decreasing, reflecting... Read more
Median Value of Occupied Housing Units in Barry County, Missouri Over the Last 8 Years
Over the past eight years, median home values in Barry County, Missouri have steadily increased, jumping from $113,000 in 2015 to $159,000 in 2022. Despite this rise, values in Barry County remain more affordable compared to the state and national levels, where median values reached $199,400 and $179,400 respectively in 2022. This trend could present a compelling opportunity for investors or homebuyers seeking value in a relatively affordable market while benefiting from the area's ongoing growth.
Residential Energy Tax Credit Per Tax Return in Barry County, MO Over the Last 9 Years
Barry County, Missouri has seen notable fluctuations in residential energy tax credits per tax return over the past nine years. The average credit saw a sharp increase, peaking at $2,900.00 in 2018 before moderating in subsequent years. These variations suggest shifts in energy efficiency investments or policy changes that may influence the financial benefits available to residents. For potential investors, homebuyers, and local real estate professionals, understanding these trends could be pivotal for planning energy-efficient property developments or advising clients on potential savings. Moreover, these dynamics may impact appraisal values and insurance considerations for properties in the area.
Average Real Estate Taxes Per Tax Return in Barry County, MO Over the Last 10 Years
Barry County, Missouri has seen a notable increase in average real estate taxes per tax return over the past decade. There was a steady climb from $1,470.74 in 2012 to $2,732.43 in 2021. Particularly, there was a significant jump between 2017 and 2018 when the average went from $1,658.96 to $2,245.65. This upward trend may suggest rising property values or tax rate adjustments, potentially impacting decisions for those considering investments or relocations in the area. Appraisers, real estate agents, and property developers might find these trends indicative of the county's growing market and financial landscape.
Percentage of Farm Returns in Barry County, MO Over the Last 10 Years
Over the past decade in Barry County, Missouri, the percentage of farm returns as part of all tax filings has generally hovered around 10%, peaking slightly in 2018 at around 10.64%. This trend could suggest a relatively stable agricultural economy with minor fluctuations likely influenced by market conditions or policy changes. For potential investors and property developers, this consistency might indicate a stable agricultural sector that could present opportunities or be a consideration for land use planning. Additionally, those looking to move to or invest in the area might find the steady rate of farm returns indicative of a well-rooted farming community, which could be appealing for agribusiness or community support initiatives.
Number of Mortgages by Occupancy Type in Barry County, MO Over the Last 5 Years in Barry County
In Barry County, Missouri, the past five years have shown notable fluctuations in mortgage activity across various occupancy types. Principal residences dominate the market, but there's been a visible dip in their numbers, from a peak of 1,764 in 2021 to 1,254 in 2022. Second residences have seen more volatility, peaking at 257 in 2020 and then dropping to 110 by 2022. Interestingly, investment properties have remained relatively stable but have seen a slight increase, moving from 69 in 2018 to 106 in 2022. These shifts indicate shifting priorities and economic conditions influencing buyer behavior, signalling opportunities and risks for potential investors, real estate agents, appraisers, and others involved in the housing market.
Economic Outlook
Barry County, Missouri has seen a steady increase in economic stability, indicated by the average taxable income per tax return rising significantly from $48,771.12 in 2020 to $58,564.39 in 2021. This may attract housing developers and real estate agents, as rising incomes could translate to higher property values and demand for upscale housing. The fluctuations in state and local income taxes, which spiked from $7,276.47 in 2017 to $12,962.22 in 2018, suggest potential tax policy changes or... Read more
Average Taxable Income per Tax Return in Barry County, MO over the last 9 years
Over the past nine years, Barry County, Missouri has seen a steady increase in average taxable income per tax return, with a significant jump from $48,771.12 in 2020 to $58,564.39 in 2021. This upward trend could signal a growing economic stability and potential for increased investment returns in the region. Housing developers and real estate agents might find Barry County increasingly appealing, as the rising incomes could translate to higher property values and demand for upscale housing. Appraisers and insurance agents would also want to consider these trends when evaluating assets and setting rates.
Average State and Local Income Taxes Per Tax Return in Barry County, MO Over the Last 10 Years
The last decade has seen notable fluctuations in average state and local income taxes per tax return in Barry County, Missouri. After a steady rise from $5,113.74 in 2012 to $7,276.47 in 2017, there was a significant spike to $12,962.22 in 2018, indicating a potential tax policy change or a rise in local income levels. Even though these taxes dipped to $10,288.64 in 2019, they rebounded to $11,560.47 by 2021. This volatility may influence investment decisions, property values, and the overall economic landscape for prospective residents and investors.
Average Total Tax Liability Per Tax Return in Barry County, MO Over the Last 10 Years
Over the last decade, the average total tax liability per tax return in Barry County, Missouri has shown a significant upward trend. Starting at approximately $5,687.36 in 2012, it has seen a steady rise with a notable peak at $8,809.15 in 2021. This rising tax burden might suggest increased economic activity or changes in tax policy, making Barry County a potentially higher-cost area for residents and investors. For real estate agents, appraisers, and insurance agents, these trends could imply a shifting financial landscape affecting property valuations and insurance premiums.
Cost of Living in Barry County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,060 | $1,299 | $2,112 | $810 | $1,067 |
| 1 adult 4 children | $1,060 | $1,061 | $1,616 | $810 | $1,143 |
| 2 adults 3 children | $1,060 | $1,061 | $1,831 | $810 | $852 |
| 1 adult 3 children | $1,060 | $866 | $1,336 | $810 | $856 |
| 2 adults 2 children | $746 | $869 | $1,551 | $685 | $689 |
| 1 adult 2 children | $746 | $649 | $1,056 | $685 | $602 |
| 2 adults 1 child | $746 | $687 | $1,271 | $279 | $634 |
| 1 adult 1 child | $746 | $443 | $775 | $279 | $523 |
| 2 adults | $567 | $552 | $990 | $0 | $555 |
| 1 adult | $563 | $301 | $495 | $0 | $509 |
Safety trends & Data
Barry County, Missouri has seen some notable fluctuations in property crime over the last five years. Larceny-theft incidents dropped significantly from 195 in 2018 to 134 in 2022, while motor vehicle thefts decreased from 22 to 8 in the same period. Burglary rates have been relatively stable, averaging about 21 cases per year with slight upticks in 2020 and 2021. Vandalism cases also saw a decrease from 15 in 2018 to 6 in 2022. These trends suggest potential improvements in overall property... Read more
Property Crime Trends in Barry County, MO Over the Last 5 Years
Property crime in Barry County, Missouri has shown some notable fluctuations over the last five years. While larceny-theft incidents remain the most prevalent, there was a significant reduction from 195 cases in 2018 to 134 in 2022. Burglary rates have stayed relatively stable, averaging around 21 cases annually with slight upticks in 2020 and 2021. Motor vehicle thefts dropped notably from 22 in 2018 to 8 in 2022, and vandalism cases decreased from 15 in 2018 to just 6 in 2022. These trends suggest a potential improvement in overall property security, which could be an attractive point for future residents, investors, and real estate professionals.
Demographics
Barry County, Missouri, displays a near parity in gender distribution among adults with nearly equal numbers of males and females. Educational attainment highlights that a significant segment of the population holds a high school diploma, but far fewer have advanced degrees, suggesting potential opportunities for higher education initiatives. The age distribution indicates a substantial portion of residents are 55 years or older, hinting at the necessity for senior services and retirement... Read more
Race Distribution in Barry County, Missouri (2022)
Educational Attainment in Barry County, Missouri (2022)
Age Distribution in Barry County, Missouri
Citizen Population in Barry County, Missouri (2022)
Political Trends & Data
In Barry County, Missouri, the 2020 U.S. Presidential Election results indicate a Republican stronghold, capturing nearly 80% of the vote. Democratic support trailed at close to 19%, and minor parties like the Libertarians barely broke 1%. This voting trend suggests a robust preference for Republican candidates, which could potentially influence local real estate market dynamics, given the association between political leanings and economic policies favored by... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Barry County, Missouri, the 2020 U.S. Presidential Election results suggest a strong leaning towards the Republican Party, with nearly 80% of the vote. The Democratic Party garnered close to 19%, while Libertarian support was comparatively minimal at just over 1%. Votes for the Green Party and other candidates were even lower, hinting at a predominantly two-party preference among voters in the area, with a significant skew towards Republican candidates.
79.66% of voters voted for the Republican party in the 2020 Presidential Election
18.90% of voters voted for the Democrat party in the 2020 Presidential Election
1.15% of voters voted for the Livertarian party in the 2020 Presidential Election
0.17% of voters voted for the Green party in the 2020 Presidential Election
0.12% of voters voted for the Other party in the 2020 Presidential Election
School Data
Barry County, Missouri has consistently maintained a lower student-to-teacher ratio compared to the national average, generally staying between eleven and twelve students per teacher. This could suggest a more personalized education experience, making the area appealing to families prioritizing smaller class sizes. For investors and real estate professionals, this trend might hint at a steady demand for housing in family-friendly communities, while insurance agents could consider this factor... Read more
Student-to-teacher ratio in Barry County, Missouri over the last 10 years
Over the past decade, Barry County, Missouri has seen its student-to-teacher ratio fluctuate, maintaining levels generally below the national average of fourteen students per teacher. The ratio peaked at thirteen in 2017, but otherwise remained between eleven and twelve. This lower ratio could suggest a more personalized education experience, potentially making schools in Barry County attractive to families seeking smaller class sizes. For investors, appraisers, and real estate professionals, this trend might indicate a stable demand for housing in family-friendly communities. Insurance agents might also find this data relevant when assessing risk factors linked to educational outcomes.
