Bollinger County Real Estate and Livability Trends
Bollinger County, Missouri's real estate market is showing promising signs with median home values rising from $97,700 in 2015 to $123,500 in 2022, pointing to an appealing opportunity for investors given the area's relative affordability. The local economy seems to be thriving, reflected in a significant rise in average taxable income and escalating tax liabilities, which could drive property... Read more
Bollinger County Market Trends
Bollinger County, Missouri's median home values have increased from $97,700 in 2015 to $123,500 in 2022, but this growth is slower than state and national averages. Such affordability relative to broader trends potentially marks the county as a growth hotspot for savvy investors. Energy tax credits have shown volatility, spiking to $933.33 per return in 2021, possibly due to enhanced incentives... Read more
Median Value of Occupied Housing Units in Bollinger County, Missouri Over the Last 8 Years
Bollinger County, Missouri, has seen its median home values rise from $97,700 in 2015 to $123,500 in 2022. This upward trend is slower compared to Missouri's state values, which increased from $138,400 to $199,400 in the same period. Nationally, the rise from $125,500 to $179,400 also outpaces Bollinger County. Such dynamics could indicate potential for growth and opportunity for investment in Bollinger County, where home values remain more affordable in comparison. Buyers and investors might find this market appealing due to its relative cost-effectiveness against both state and national figures.
Residential Energy Tax Credit Per Tax Return in Bollinger County, MO Over the Last 6 Years
In recent years, the average residential energy tax credit per tax return in Bollinger County, Missouri has exhibited fluctuations. Between 2013 and 2017, figures generally hovered between $320.00 and $566.67, with a notable dip to $320.00 in 2016. Interestingly, 2021 saw a significant spike to $933.33. This trend suggests that volatility is present, potentially influenced by changes in energy-efficient home improvement incentives and taxpayer engagement in such programs, likely indicating an increasing interest or financial benefit in energy-saving improvements. For potential investors, homeowners, and real estate professionals, tracking these trends can be integral for strategic planning and forecasting future property values and operational costs in the county.
Average Real Estate Taxes Per Tax Return in Bollinger County, MO Over the Last 10 Years
Bollinger County, Missouri has seen a consistent increase in average real estate taxes over the past decade. Starting from $973.77 in 2012, the trend has climbed steadily, reaching $1,750.00 by 2021. This upward trajectory could signal rising property values in the area, potentially impacting investors, homebuyers, and appraisal values. It's crucial for real estate agents and insurance agents to consider these changing tax rates when advising clients about long-term costs and investment returns in Bollinger County.
Percentage of Farm Returns in Bollinger County, MO Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Bollinger County, Missouri has shown a generally stable trend, fluctuating between roughly 13.02% and 14.22%. Farm tax returns reflect the income and expenditures declared by farming businesses, serving as a useful gauge for the agricultural sector's health and profitability in the region. These consistent return figures suggest a steady agricultural presence, potentially making the county a reliable location for investment, property development, or relocation for those interested in a rural lifestyle. The steadiness in farm returns may indicate resilience in the local farming economy, which could be attractive to both potential investors and new residents looking for sustainable growth opportunities.
Number of Mortgages by Occupancy Type in Bollinger County, MO Over the Last 5 Years in Bollinger County
Over the past five years, Bollinger County, Missouri has seen fluctuating but generally high numbers in principal residence mortgages, peaking at 491 in 2021 and dipping to 339 in 2022. Investment property mortgages have slightly declined from 25 in 2020 to 16 in 2021, suggesting a potential cooling in rental property investments. Second residence mortgages have remained low but saw a modest increase from 3 in 2019 to 10 in 2022. Changes in occupancy type can signal shifts in market demand and investment potential, impacting everything from property values to insurance rates, making it crucial for investors, real estate agents, and homebuyers to stay informed.
Economic Outlook
The average taxable income in Bollinger County, Missouri has shown a promising rise from $37,230.17 in 2013 to $51,824.58 in 2021, hinting at a strengthening local economy and growing affluence. Simultaneously, state and local income taxes have nearly doubled, from $3,398.28 in 2012 to $7,285.71 in 2021, indicating higher income levels and possibly increased tax rates. The total tax liability per tax return has also more than doubled, suggesting a larger economic footprint. These trends could... Read more
Average Taxable Income per Tax Return in Bollinger County, MO over the last 9 years
The average taxable income per tax return in Bollinger County, Missouri has shown a steady increase over the past nine years, notably jumping from $37,230.17 in 2013 to $51,824.58 in 2021. This upward trend is significant for potential investors and property developers, indicating a possibly improving local economy and growing affluence. For real estate agents and appraisers, the rising incomes could suggest a boost in property values and demand for higher-end housing options. Insurance agents might also find this data useful for reevaluating risk and premium structures in the area.
Average State and Local Income Taxes Per Tax Return in Bollinger County, MO Over the Last 10 Years
Over the past decade, Bollinger County, Missouri has seen a notable rise in average state and local income taxes per tax return, escalating from $3,398.28 in 2012 to $7,285.71 in 2021. This near doubling of tax obligations might suggest both increasing income levels and potentially higher local tax rates, making it a point of interest for investors and residents considering the area. The most significant spikes are observed post-2018, which could be attributed to various economic or policy changes.
Average Total Tax Liability Per Tax Return in Bollinger County, MO Over the Last 10 Years
Over the last decade, Bollinger County, Missouri has seen a noticeable increase in the average total tax liability per tax return, more than doubling from approximately $4,080.85 in 2012 to around $6,587.81 in 2021. This upward trend suggests a growing economic footprint and possibly higher incomes, which could be attractive for investors, real estate agents, and those looking to move to or build property in the area. For insurance agents and appraisers, this trend may imply an increase in property values and a shift in the insurance needs of residents. Understanding these dynamics can help stakeholders make more informed decisions about their involvement in the county.
Cost of Living in Bollinger County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,091 | $1,387 | $2,586 | $1,034 | $1,436 |
| 1 adult 4 children | $1,091 | $1,133 | $1,991 | $1,034 | $1,525 |
| 2 adults 3 children | $1,091 | $1,133 | $2,237 | $1,034 | $1,159 |
| 1 adult 3 children | $1,091 | $925 | $1,642 | $1,034 | $1,219 |
| 2 adults 2 children | $767 | $928 | $1,888 | $870 | $919 |
| 1 adult 2 children | $767 | $693 | $1,293 | $870 | $832 |
| 2 adults 1 child | $767 | $733 | $1,539 | $339 | $783 |
| 1 adult 1 child | $767 | $474 | $944 | $339 | $637 |
| 2 adults | $599 | $589 | $1,190 | $0 | $663 |
| 1 adult | $526 | $321 | $595 | $0 | $553 |
Safety trends & Data
Bollinger County, Missouri has seen notable shifts in property crime trends, with burglary occurrences dropping from 7 in 2018 to 4 in 2021 and larceny-theft incidents decreasing from 12 in 2019 to just 2 by 2022. However, new crime types like motor vehicle theft and fraud have emerged since 2020 and 2019, respectively. These evolving patterns may hint at changing community security measures and policing efficacy, which is particularly relevant for real estate agents, appraisers, and insurers... Read more
Property Crime Trends in Bollinger County, MO Over the Last 5 Years
Bollinger County, Missouri has seen varying property crime patterns over the past five years. While burglary occurrences have generally declined from 7 in 2018 to 4 in 2021, larceny-theft incidents witnessed a notable drop from 12 in 2019 to just 2 by 2022. New crime types such as motor vehicle theft and fraud started appearing from 2020 and 2019, respectively. Investors should note these subtle shifts in crime trends, which could reflect changes in community security measures and policing efficacy. This evolving landscape is particularly relevant for real estate agents, appraisers, and insurers assessing risk and property values.
Demographics
Bollinger County, Missouri, displays a near-equally split adult population by gender, suggesting a potential balance in gender-related community programs and services. Educational attainment data shows a high prevalence of high school graduates, but there's a noticeable drop in higher education degrees, indicating possible opportunities for local education and training initiatives. The age distribution suggests a notable proportion of residents are in the 55 to 64 age bracket, hinting at the... Read more
Race Distribution in Bollinger County, Missouri (2022)
Educational Attainment in Bollinger County, Missouri (2022)
Age Distribution in Bollinger County, Missouri
Citizen Population in Bollinger County, Missouri (2022)
Political Trends & Data
Bollinger County, Missouri, seems to reflect a strong conservative leaning as indicated by the 2020 U.S. Presidential Election where Republicans potentially secured nearly 86% of the vote. Democrats possibly garnered just over 12%, with minor parties like the Libertarians and Greens barely scratching 1%. This voter trend could hint at a solidly right-leaning local electorate, contrasting with the more politically diverse counties across the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Bollinger County, Missouri showed a strong preference for the Republican party in the 2020 U.S. Presidential Election, with Republicans potentially securing around 86% of the vote. Democrats seemingly received just over 12%, while other parties like the Libertarians and Greens garnered minimal support, each below 1%. This might reflect a solidly conservative electorate in this area, contrasting with more diverse political landscapes seen in other regions.
86.36% of voters voted for the Republican party in the 2020 Presidential Election
12.54% of voters voted for the Democrat party in the 2020 Presidential Election
0.85% of voters voted for the Livertarian party in the 2020 Presidential Election
0.22% of voters voted for the Green party in the 2020 Presidential Election
0.03% of voters voted for the Other party in the 2020 Presidential Election
School Data
Bollinger County, Missouri has seen a steady drop in its student-to-teacher ratio over the past decade, moving from 13 students per teacher in 2014 to 11.75 in 2023. This trend suggests potentially enhanced educational experiences, especially when compared to the national average of 14 students per teacher. For those eyeing local real estate investments or families considering a move, these smaller class sizes could be a notable draw. This shift could also be significant for appraisers and real... Read more
Student-to-teacher ratio in Bollinger County, Missouri over the last 10 years
Over the last decade, Bollinger County, Missouri has seen a gradual decline in its student-to-teacher ratio, moving from 13 students per teacher in 2014 to 11.75 in 2023. This trend towards smaller class sizes is noteworthy as it suggests potentially enhanced educational experiences compared to the national average of 14 students per teacher. For those considering investments in local real estate or for families contemplating a move, these smaller class sizes could be appealing. Additionally, appraisers and real estate agents might find this data useful for evaluating property values, as educational quality often influences real estate markets. For insurance agents and builders, knowing local trends in occupancy types can impact risk assessments and construction projects respectively.
