Callaway County Real Estate and Livability Trends
Callaway County, Missouri has seen a significant uptick in average taxable income per tax return, suggesting an improving local economy that might draw in investors and new residents. Median home values surged from $124,200 in 2015 to $184,300 in 2022, outpacing state and national trends. Real estate taxes climbed to $2,847.27 in 2020, likely affecting property ownership costs. Farm tax returns... Read more
Callaway County Market Trends
Over the past eight years, Callaway County, Missouri has seen median home values surge from $124,200 in 2015 to $184,300 in 2022, outpacing both state and national figures. Residential energy tax credits peaked around $3,744.44 in 2018, suggesting heightened investment in energy-efficient upgrades. Real estate taxes have also climbed, hitting $2,847.27 in 2020, likely impacting property ownership... Read more
Median Value of Occupied Housing Units in Callaway County, Missouri Over the Last 8 Years
Over the past eight years, Callaway County, Missouri has seen impressive growth in median home values from $124,200 in 2015 to $184,300 in 2022. This increase outpaces both the state of Missouri and the national median home values, which reached $199,400 and $179,400 respectively in 2022. This trend hints that Callaway County might be emerging as an appealing option for homebuyers and investors seeking growth-potential locations without the higher price tag seen in other areas.
Residential Energy Tax Credit Per Tax Return in Callaway County, MO Over the Last 9 Years
Callaway County, Missouri, has seen significant fluctuations in residential energy tax credits over the past nine years, with an average peak of $3,744.44 in 2018. This may suggest an increasing investment in energy-efficient home upgrades, particularly around 2018, perhaps in response to incentives or rising awareness of energy-saving benefits. Such trends are crucial for investors, real estate agents, and property developers as they indicate a community's growing commitment to sustainable living, which can influence property values and market desirability. For appraisers and insurance agents, this trend highlights potential increases in property values and changes in risk profiles due to enhanced home energy systems.
Average Real Estate Taxes Per Tax Return in Callaway County, MO Over the Last 10 Years
Over the last decade, Callaway County, Missouri has seen a noticeable rise in real estate taxes per tax return, starting at $1,531.56 in 2012 and peaking at $2,847.27 in 2020. Notable jumps occurred around 2017 and 2018, suggesting either increases in property values or changes in tax policy. This escalating trend might affect decisions for potential investors, homebuyers, and real estate developers as it hints at rising costs of property ownership. Appraisers and insurance agents could also find these figures useful for adjusting valuations and premiums accordingly.
Percentage of Farm Returns in Callaway County, MO Over the Last 10 Years
Over the past decade in Callaway County, Missouri, the percentage of farm tax returns has shown a downward trend, starting from around 6.26% in 2012 and dipping to around 5.38% in 2020, with slight fluctuations. Farm tax returns indicate the financial health of agricultural activities, reflecting income derived from farming operations. This trend might suggest changes in the local agricultural economy, potentially impacting investment opportunities and the rural lifestyle of the county. Investors and potential residents should pay attention to these shifts, as they may influence land values and the viability of agricultural businesses.
Number of Mortgages by Occupancy Type in Callaway County, MO Over the Last 5 Years in Callaway County
In Callaway County, Missouri, mortgage activity over the past five years has shown significant fluctuations, especially in principal residences, which saw a peak in 2020 with 2,511 mortgages and a noticeable dip in other years. Investment properties have maintained a relatively stable number, slightly decreasing from 127 in 2018 to 123 in 2022. Second residences remain a minor segment but have shown slight growth, tripling from 2018 to 2022. These shifts may reflect broader economic trends, local housing demands, and the attractiveness of the area for different types of buyers, which are crucial for investors assessing market stability, appraisers evaluating property values, and real estate agents identifying target demographics.
Economic Outlook
Callaway County, Missouri has experienced a steady rise in average taxable income per tax return, jumping from $45,184.62 in 2013 to $59,763.34 in 2021. This suggests a strengthening local economy that could attract both investors and new residents seeking financial stability. Average state and local income taxes per tax return have also notably increased from $4,165.82 in 2012 to $7,110.42 in 2021, indicating growing economic activity and potential governmental revenue requirements.... Read more
Average Taxable Income per Tax Return in Callaway County, MO over the last 9 years
Over the past nine years, Callaway County, Missouri has seen a steady increase in average taxable income per tax return, with a notable rise from $45,184.62 in 2013 to $59,763.34 in 2021. This upward trend could indicate a growing local economy and might appeal to investors and potential residents looking for a financially stable community. For real estate agents and builders, these figures suggest an opportunity for property development and potentially increasing property values. Appraisers and insurance agents might also find these trends useful for adjusting property valuations and risk assessments in line with the county's economic growth.
Average State and Local Income Taxes Per Tax Return in Callaway County, MO Over the Last 10 Years
Over the past decade, Callaway County, Missouri has seen a substantial increase in average state and local income taxes per tax return. From a modest $4,165.82 in 2012, the figure climbed to $7,110.42 by 2021, peaking at $7,741.38 in 2019. These rising taxes could impact potential investors or new residents by potentially signaling growing economic activity and government revenue needs. This trend might also lead to considerations around cost of living and future tax planning for those looking to build or relocate to Callaway County.
Average Total Tax Liability Per Tax Return in Callaway County, MO Over the Last 10 Years
Callaway County, Missouri, has shown a notable upward trend in average total tax liability per tax return over the past decade. Starting from $5,880.42 in 2012, it rose steadily, peaking at $7,599.37 in 2021, suggesting an overall increase in local income levels or property valuations. This may be of interest to investors, real estate agents, and appraisers as it could potentially reflect rising property values and a healthy local economy. Insurance agents might also find this trend useful for understanding shifts in the financial landscape of residents.
Cost of Living in Callaway County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,022 | $1,295 | $2,509 | $1,245 | $1,349 |
1 adult 4 children | $1,022 | $1,057 | $1,932 | $1,245 | $1,442 |
2 adults 3 children | $1,022 | $1,058 | $2,171 | $1,245 | $1,090 |
1 adult 3 children | $1,022 | $864 | $1,593 | $1,245 | $1,156 |
2 adults 2 children | $840 | $866 | $1,832 | $1,079 | $928 |
1 adult 2 children | $840 | $647 | $1,255 | $1,079 | $862 |
2 adults 1 child | $840 | $684 | $1,493 | $541 | $803 |
1 adult 1 child | $840 | $442 | $916 | $541 | $670 |
2 adults | $638 | $550 | $1,155 | $0 | $628 |
1 adult | $634 | $300 | $577 | $0 | $559 |
Safety trends & Data
Callaway County, Missouri has had a mixed bag of property crime trends over the past five years, with burglary incidents peaking at 62 in 2020 but dropping to 40 by 2022. Larceny-theft has shown a consistent decline from 151 cases in 2018 to just 48 in 2022, which could be promising for potential investors. Meanwhile, motor vehicle thefts spiked to 36 in 2018 before steadily dropping to 10 by 2022. These variations in property crime levels can greatly impact real estate values, insurance costs,... Read more
Property Crime Trends in Callaway County, MO Over the Last 5 Years
Property crime trends in Callaway County, Missouri show fluctuations with notable peaks and drops over the past five years. Burglary incidents surged in 2020 with 62 cases but saw a decrease to 40 cases by 2022. Larceny-theft has decreased consistently from a high of 151 in 2018 to just 48 in 2022, presenting a positive trend for potential investors. Meanwhile, motor vehicle thefts spiked in 2018 with 36 occurrences, dropping steadily to 10 by 2022. The varying levels of property crimes can significantly impact real estate values, insurance premiums, and the overall desirability of the area for both residents and businesses.
Demographics
Callaway County, Missouri, experiences a relatively balanced gender distribution with a slight male majority. Educational attainment shows a varied landscape with a significant portion of the population holding a high school diploma or some college education, yet fewer individuals possess bachelor's degrees or higher. Age distribution hints at a moderately aging population, while most residents fall within the working-age bracket of 25 to 64 years. Racial demographics indicate a predominantly... Read more
Race Distribution in Callaway County, Missouri (2022)
Educational Attainment in Callaway County, Missouri (2022)
Age Distribution in Callaway County, Missouri
Citizen Population in Callaway County, Missouri (2022)
Political Trends & Data
In Callaway County, Missouri, the 2020 U.S. Presidential Election results likely pointed to a strong preference for Republican candidates, who might have garnered around 70% of the vote, whereas Democrats possibly secured close to 28%. Libertarians and Green Party candidates together received just about 2% of the vote. This conservative leaning could play a role in shaping local and state policy directions, potentially impacting infrastructure projects, education funding, and tax policies... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Callaway County, Missouri, the 2020 U.S. Presidential Election results possibly indicated a strong preference for Republican candidates, who garnered around 70% of the vote. Democrats might have secured close to 28%, while Libertarians and Green Party candidates received about 1.7% and 0.3%, respectively. This distribution suggests a significant leaning towards conservative politics in this area, potentially influencing local and state policy priorities.
70.07% of voters voted for the Republican party in the 2020 Presidential Election
27.76% of voters voted for the Democrat party in the 2020 Presidential Election
1.75% of voters voted for the Livertarian party in the 2020 Presidential Election
0.32% of voters voted for the Green party in the 2020 Presidential Election
0.09% of voters voted for the Other party in the 2020 Presidential Election
School Data
Callaway County, Missouri, has exhibited a generally low student-to-teacher ratio over the past decade, ranging from around 9.8 to 13.4 students per teacher, often below the national average of 14. The recent spike to about 13.4 students per teacher in 2023 might signal shifts in school funding or enrollment, suggesting changes in the local education environment. This trend is noteworthy for investors and potential residents as it could influence community appeal and property... Read more
Student-to-teacher ratio in Callaway County, Missouri over the last 10 years
Callaway County, Missouri, has seen a fluctuating but generally low student-to-teacher ratio over the past decade, oscillating between roughly 9.8 to 13.4 students per teacher. These figures are mostly below the national average of 14 students per teacher, offering potentially smaller class sizes and more personalized attention to students. The spike to approximately 13.4 students per teacher in 2023 may indicate recent changes in school funding, teacher employment rates, or student enrollment numbers. For investors, real estate agents, and those considering moving to the area, this suggests a historically strong but evolving education environment that likely impacts community attractiveness and property values.