Bates County Real Estate and Livability Trends
Bates County, Missouri has been experiencing a noticeable uptick in average taxable incomes and a healthier economy, making it a potential hotspot for real estate investment. Home values also rose significantly, from $103,700 in 2015 to $151,300 in 2022, presenting an attractive option for budget-conscious buyers compared to state and national averages. Additionally, the low student-to-teacher... Read more
Bates County Market Trends
Bates County, Missouri, has seen home values rise from $103,700 in 2015 to $151,300 in 2022, which, despite being below state and national averages, could lure budget-conscious buyers. Energy tax credits per tax return varied, peaking at $2,928.57 in 2021, indicative of the growing homeowner focus on sustainable living. Property taxes have climbed from $1,353.72 in 2012 to $2,135.29 in 2021,... Read more
Median Value of Occupied Housing Units in Bates County, Missouri Over the Last 8 Years
Over the past 8 years in Bates County, Missouri, the median home values have risen steadily, from $103,700 in 2015 to $151,300 in 2022. This growth pattern is somewhat similar to state and national trends, but Bates County values began significantly lower than both Missouri and the national averages, which were $138,400 and $125,500 respectively in 2015. By 2022, while Bates County reached $151,300, Missouri hit $199,400 and the national average soared to $179,400. This relatively lower rise in home values might appeal to potential investors and homebuyers seeking more affordable entry points compared to the broader market.
Residential Energy Tax Credit Per Tax Return in Bates County, MO Over the Last 8 Years
Bates County, Missouri, has shown notable fluctuations in average residential energy tax credits per tax return over the past eight years. From a substantial increase in 2015 peaking at $1322.22 in 2016 to a significant spike in 2021 at $2928.57, these swings suggest varying investment levels in energy-efficient home improvements. Real estate agents and potential property investors might see this as an indicator of evolving homeowner priorities towards sustainable living. Additionally, insurance agents and appraisers could consider these shifts when assessing property values and risk factors.
Average Real Estate Taxes Per Tax Return in Bates County, MO Over the Last 10 Years
Over the past decade, Bates County, Missouri has seen a steady increase in average real estate taxes per tax return, starting from $1,353.72 in 2012 to $2,135.29 in 2021. Notable jumps occurred in 2016 and 2018, where average taxes per return rose above $1,500 and $1,900 respectively. This trend may indicate a growing property market and rising valuations, a factor potential investors should consider when assessing property tax liability and long-term investment potential. For real estate professionals and those considering a move, this information could suggest increasing costs of ownership and potential impacts on affordability and demand.
Percentage of Farm Returns in Bates County, MO Over the Last 10 Years
Farm tax returns in Bates County, Missouri, have experienced a slight decline over the past decade, dropping from roughly 15.57% in 2012 to around 13.29% by 2021. This trend may suggest that fewer farms are profitable or elevating to the level requiring tax filings, potentially impacting local agricultural investment opportunities. Those considering moving to or investing in Bates County should be aware of this subtle shift, as it could reflect changing economic conditions or fluctuations in local agricultural productivity.
Number of Mortgages by Occupancy Type in Bates County, MO Over the Last 5 Years in Bates County
Over the last five years, Bates County, Missouri, has seen fluctuating trends in mortgage counts across different occupancy types. The number of mortgages for principal residences reached a high in 2021, while investment property mortgages have been generally lower, peaking briefly in 2019. Second residences consistently show minimal mortgage activity. These shifts might indicate changing demand and economic conditions. For investors and real estate agents, understanding these patterns can inform strategies for property investments. Appraisers and insurance agents might consider the lower interest in investment properties when assessing risk and value. Those planning to move or build property here should be aware of these trends to gauge neighborhood stability and market dynamics.
Economic Outlook
Bates County, Missouri has experienced a steady increase in average taxable income per tax return, climbing from about $41,923.94 in 2013 to roughly $57,480.17 in 2021. Alongside, state and local income taxes have surged, peaking at approximately $7,276.47 in 2020 before a slight decline. This trend might indicate rising incomes and a healthier economy, potentially positioning Bates County as a viable prospect for real estate investment and development. Investors and property developers could... Read more
Average Taxable Income per Tax Return in Bates County, MO over the last 9 years
Bates County, Missouri has seen a gradual increase in average taxable income per tax return over the past nine years, from around $41,923.94 in 2013 to approximately $57,480.17 in 2021. This trend suggests a general rise in the economic well-being of residents, which may signal opportunities for real estate agents, investors, and insurance agents due to the potentially improving financial stability of the population. For those building or appraising property, these figures could indicate a growing market with increasing affluence, making Bates County a potentially attractive area for investment and development.
Average State and Local Income Taxes Per Tax Return in Bates County, MO Over the Last 10 Years
Bates County, Missouri has seen a noticeable uptick in average state and local income taxes per tax return over the last decade. Starting at $4,210.26 in 2012, this figure has steadily increased, peaking at around $7,276.47 in 2020 before a slight drop to $7,043.75 in 2021. Such a trend could suggest a growing local economy and possibly rising incomes, making it a point of interest for those considering investment or relocation in the area.
Average Total Tax Liability Per Tax Return in Bates County, MO Over the Last 10 Years
Over the past decade, Bates County in Missouri has seen a fluctuating yet generally upward trend in average total tax liability per tax return, increasing from around $5,619.14 in 2012 to approximately $7,856.19 in 2021. This data hints at a potential rise in income levels, property valuations, or other taxable activities, which could be crucial for investors, real estate agents, and those considering moving to the area. While understanding the precise causative factors is essential, these numbers could influence decisions regarding property investments, appraisals, and insurance premiums in the county.
Cost of Living in Bates County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,043 | $1,464 | $2,523 | $1,085 | $1,384 |
| 1 adult 4 children | $1,043 | $1,195 | $1,943 | $1,085 | $1,462 |
| 2 adults 3 children | $1,043 | $1,196 | $2,183 | $1,085 | $1,107 |
| 1 adult 3 children | $1,043 | $976 | $1,602 | $1,085 | $1,130 |
| 2 adults 2 children | $800 | $979 | $1,842 | $920 | $890 |
| 1 adult 2 children | $800 | $731 | $1,262 | $920 | $820 |
| 2 adults 1 child | $800 | $774 | $1,501 | $382 | $773 |
| 1 adult 1 child | $800 | $500 | $921 | $382 | $629 |
| 2 adults | $608 | $622 | $1,161 | $0 | $637 |
| 1 adult | $604 | $339 | $580 | $0 | $558 |
Safety trends & Data
Bates County, Missouri has experienced a significant drop in property crimes over the past five years, with burglaries plummeting from 46.00 in 2018 to 6.00 in 2022, and larceny-theft incidents falling from 80.00 to 3.00 in the same period. Active interventions and community safety measures may be behind this positive trend, creating a more appealing landscape for potential investors, homebuyers, and builders. Real estate professionals and insurance agents might find this trend to be a key... Read more
Property Crime Trends in Bates County, MO Over the Last 5 Years
Over the past five years, Bates County, Missouri has seen a noticeable decline in property crimes, with burglary numbers dropping sharply from 46.00 in 2018 to just 6.00 in 2022. Larceny-theft, once the most common issue, saw an even steeper fall from 80.00 incidents in 2018 to merely 3.00 in 2022. Active interventions and community safety measures potentially contributed to this positive trend, which offers an encouraging landscape for potential investors, homebuyers, and those considering building property in the area. Insurance agents and real estate professionals might see this downward trend in crime as a strong selling point for the county.
Demographics
The adult population in Bates County, Missouri shows a fairly equal gender distribution, and the educational attainment seems to highlight a dominant trend towards high school graduates and some college experience without a degree. Age distribution data suggests a robust presence of individuals in their mid-20s to early 60s, hinting at a considerably mature community with working-age adults making up a substantive portion. With a predominantly White demographic, understanding the community's... Read more
Race Distribution in Bates County, Missouri (2022)
Educational Attainment in Bates County, Missouri (2022)
Age Distribution in Bates County, Missouri
Citizen Population in Bates County, Missouri (2022)
Political Trends & Data
Bates County, Missouri, shows a significant leaning towards the Republican party in the 2020 U.S. Presidential Election, with nearly 78% of the vote. In contrast, the Democratic party captured around 20%, leaving Libertarian and Green parties with minimal support. This conservative dominance could possibly shape local policies and stances, affecting various aspects of community life and economic decisions, including real estate and development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Bates County, Missouri, the voting landscape in the 2020 U.S. Presidential Election leaned heavily toward the Republican party, with nearly 78% of the vote. The Democratic party garnered close to 20%, while Libertarian and Green parties received a marginal share. This might suggest a strong conservative presence in the region, potentially influencing local and state policy directions.
78.39% of voters voted for the Republican party in the 2020 Presidential Election
19.87% of voters voted for the Democrat party in the 2020 Presidential Election
1.43% 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
0.15% of voters voted for the Other party in the 2020 Presidential Election
School Data
Bates County, Missouri has consistently maintained a lower student-to-teacher ratio of around 11 students per teacher over the past decade, compared to the national average of 14. This trend could attract families prioritizing education, leading to a steady demand for residential properties. Real estate agents and appraisers might view this as a positive indicator for the area's appeal, suggesting a potentially stable and growing housing... Read more
Student-to-teacher ratio in Bates County, Missouri over the last 10 years
Bates County, Missouri has consistently maintained a lower student-to-teacher ratio, hovering around 11 students per teacher over the last decade, compared to the national average of 14. This trend might matter to investors, families, and education analysts because smaller class sizes can imply more personalized attention for students, potentially translating to better educational outcomes. For real estate agents, appraisors, and those in the housing market, it suggests a potential draw for families prioritizing education, possibly supporting steady demand for residential properties in the area. Lower ratios might also reflect positively on local community well-being, making the county an attractive place to live.
