Cape Girardeau County Real Estate and Livability Trends
Cape Girardeau County, Missouri's median home values jumped from $142,300 in 2015 to $194,200 by 2022, outpacing national trends and signaling rapid appreciation. Real estate taxes nearly doubled over the decade, reflecting a bustling market but also higher costs for homeowners. Interestingly, the county's student-to-teacher ratio fell to an impressive under eleven by 2021, suggesting a more... Read more
Cape Girardeau County Market Trends
The median home values in Cape Girardeau County, Missouri have risen from $142,300 in 2015 to $194,200 in 2022, outpacing the national average increase. This suggests the area is appreciating rapidly, making it a potentially stable investment. Real estate taxes have almost doubled over the past decade, indicating strong market activity but also higher costs for homeowners and buyers. The county... Read more
Median Value of Occupied Housing Units in Cape Girardeau County, Missouri Over the Last 8 Years
Median home values in Cape Girardeau County, Missouri have experienced steady growth from $142,300 in 2015 to $194,200 in 2022. This trend indicates a more rapid appreciation compared to the national average, which went from $125,500 to $179,400 in the same period. When compared to the state of Missouri, where median values increased from $138,400 to $199,400, the county's growth aligns closely with state trends but slightly lags in relative gains. Potential investors and homebuyers might see Cape Girardeau County as a stable option within a region that generally mirrors the positive growth trends seen both statewide and nationally.
Residential Energy Tax Credit Per Tax Return in Cape Girardeau County, MO Over the Last 9 Years
Over the last nine years, Cape Girardeau County, Missouri has seen significant fluctuations in the average residential energy tax credit per tax return, with a notable spike to $3,060.00 in 2018. Though values dipped to a low of $514.29 in 2016, they rebounded to $1,806.67 by 2021. These variations could suggest changing energy policies or incentives, potentially impacting decisions for investing, insuring, or building property in the area. For real estate agents and appraisers, understanding these trends might be crucial in advising clients on energy-efficient upgrades or evaluating the market appeal of residences.
Average Real Estate Taxes Per Tax Return in Cape Girardeau County, MO Over the Last 10 Years
Over the past decade, Cape Girardeau County, Missouri has seen a notable upward trend in average real estate taxes per tax return, almost doubling from $1,829.74 in 2012 to roughly $3,156.63 in 2021. The most significant hikes occurred between 2017 and 2019, suggesting a rapid increase in property values or levy rates during this period. This surge can indicate growing market activity and investment opportunities, but could also suggest higher costs for homeowners and potential buyers, which is crucial for real estate agents, appraisers, and insurance agents to consider.
Percentage of Farm Returns in Cape Girardeau County, MO Over the Last 10 Years
Cape Girardeau County, Missouri has seen a gradual decrease in the percentage of farm tax returns over the past decade, from approximately 3.48% in 2012 to roughly 2.90% in 2021. Farm tax returns are critical in understanding the economic health and activity of the agricultural sector, reflecting the number of farmers or landholding entities reporting agricultural income. The declining trend may suggest either a consolidation of farms, a shift to other employment sectors, or changes in reporting practices. This information could be insightful for investors, property developers, and new residents considering the agricultural viability and economic diversification of the region.
Number of Mortgages by Occupancy Type in Cape Girardeau County, MO Over the Last 5 Years in Cape Girardeau County
Principal residences have consistently dominated the mortgage landscape in Cape Girardeau County, Missouri over the last five years, with numbers peaking in 2020 at 5,441. While investment properties hold a smaller share, their steady presence suggests an ongoing interest from investors, albeit at a much lower level than primary homes. Second residences are almost negligible, signifying a limited market segment. These trends could be crucial for those looking to invest or build property here, as principal residences clearly drive the market, potentially stabilizing demand. For real estate agents and appraisers, understanding these patterns helps in assessing property values and forecasting market shifts. Insurance agents might find the low numbers of second residences interesting, hinting at lower insurance risks in that category.
Economic Outlook
Cape Girardeau County, Missouri has seen a steady increase in average taxable income, climbing from $55,360.56 in 2013 to $78,780.53 by 2021, with a notable leap between 2020 and 2021. State and local income taxes also surged, from $6,047.39 in 2012 to $13,961.99 in 2021, spiking notably in 2018 and 2019. This rise in income and tax liability, which jumped from $9,295.20 in 2012 to $13,469.32 in 2021, hints at economic improvements and possible policy shifts. A decline in poverty levels, from a... Read more
Average Taxable Income per Tax Return in Cape Girardeau County, MO over the last 9 years
Over the past nine years, Cape Girardeau County in Missouri has seen an overall increase in average taxable income per tax return. Starting at $55,360.56 in 2013, it has risen to $78,780.53 by 2021, with a notable jump between 2020 and 2021. This incremental rise, especially the sharp increase in the most recent year, might be of interest to investors, real estate agents, and those considering moving to the area, suggesting potential economic growth and a possibly improving local job market. For insurance agents and property appraisors, the increased income levels may influence property values and risk assessments.
Average State and Local Income Taxes Per Tax Return in Cape Girardeau County, MO Over the Last 10 Years
Cape Girardeau County, Missouri, has seen consistent growth in state and local income taxes per tax return over the past decade, starting from around $6,047.39 in 2012 and reaching approximately $13,961.99 by 2021. The dramatic spikes notably in 2018 and 2019, with taxes hitting $11,595.00 and $12,286.91 respectively, hint at regional economic factors or policy changes that may be influencing tax rates. This trend could be significant for potential investors or those considering relocation, as higher taxes might reflect increased local government spending or shifting economic landscapes.
Average Total Tax Liability Per Tax Return in Cape Girardeau County, MO Over the Last 10 Years
Over the last decade, Cape Girardeau County, Missouri has seen a notable increase in the average total tax liability per tax return, escalating from $9,295.20 in 2012 to a striking $13,469.32 in 2021. While there were incremental gains throughout most of the decade, a particularly significant jump is observed between 2020 and 2021. Such trends could indicate a combination of factors such as rising incomes, shifts in tax policies, or changes in the local economy. This nuanced uptick is relevant for those evaluating the area's financial landscape, be it for investment purposes, real estate development, property appraisal, or insurance assessments.
Cost of Living in Cape Girardeau County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,258 | $1,387 | $2,586 | $1,305 | $1,520 |
| 1 adult 4 children | $1,258 | $1,133 | $1,991 | $1,305 | $1,615 |
| 2 adults 3 children | $1,258 | $1,133 | $2,237 | $1,305 | $1,243 |
| 1 adult 3 children | $1,258 | $925 | $1,642 | $1,305 | $1,318 |
| 2 adults 2 children | $885 | $928 | $1,888 | $1,130 | $964 |
| 1 adult 2 children | $885 | $693 | $1,293 | $1,130 | $897 |
| 2 adults 1 child | $885 | $733 | $1,539 | $562 | $825 |
| 1 adult 1 child | $885 | $474 | $944 | $562 | $683 |
| 2 adults | $691 | $589 | $1,190 | $0 | $644 |
| 1 adult | $607 | $321 | $595 | $0 | $540 |
Safety trends & Data
Cape Girardeau County, Missouri, may experience real estate market influences due to varying property crime rates. Larceny-theft has been fluctuating, peaking at 196 in 2018, while vandalism incidents reached 87 that same year. Burglary spiked at 36 cases in 2021. Motor vehicle thefts and fraud remain mostly stable. These crime trends could impact insurance premiums and safety perceptions, making it vital for stakeholders to stay... Read more
Property Crime Trends in Cape Girardeau County, MO Over the Last 5 Years
Cape Girardeau County, Missouri has seen varying trends in property crimes over the past five years, particularly in larceny-theft and vandalism. Larceny-theft remains the most prevalent with numbers fluctuating between a low of 143 in 2019 to a high of 196 in 2018. Vandalism incidents have also seen notable changes, ranging from 42 in 2022 to 87 in 2018. Burglary incidents peaked in 2021 with 36 cases, a noticeable increase from previous years. Motor vehicle thefts and fraud cases have shown slight variations but remained relatively consistent. These trends could influence the real estate market, insurance premiums, and safety perceptions, making it crucial for investors, residents, and professionals to stay informed.
Demographics
Cape Girardeau County, Missouri presents an interesting demographic snapshot with a fairly balanced adult population between males and females. Education levels indicate a solid portion of residents have achieved a high school diploma or higher, yet a significant number have not pursued education beyond some college. The age distribution suggests a steady spread across age groups, with a noticeable higher population in younger adults aged 25 to 34 years. Racially, the county remains... Read more
Race Distribution in Cape Girardeau County, Missouri (2022)
Educational Attainment in Cape Girardeau County, Missouri (2022)
Age Distribution in Cape Girardeau County, Missouri
Citizen Population in Cape Girardeau County, Missouri (2022)
Political Trends & Data
Cape Girardeau County in Missouri exhibited a significant Republican preference in the 2020 U.S. Presidential Election, with potentially over 71% of the vote leaning toward the GOP. Democrats seemingly collected around 27%, revealing a notable gap between the two leading parties. Libertarians and Greens might have garnered less than 2% each, with other parties combined possibly not even reaching 1%. This voting pattern hints at a strong Republican leaning in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Cape Girardeau County in Missouri showed a notable preference for the Republican party in the 2020 U.S. Presidential Election, with potentially over 71% of the vote. Democrats might have garnered around 27%, indicating a significant gap between the two major parties. Libertarians and Greens received minimal support, with both likely scoring below 2%. Other parties combined might not have even reached 1% of the vote. This distribution suggests a strong Republican leaning in this region.
71.68% of voters voted for the Republican party in the 2020 Presidential Election
26.68% of voters voted for the Democrat party in the 2020 Presidential Election
1.29% of voters voted for the Livertarian party in the 2020 Presidential Election
0.25% of voters voted for the Green party in the 2020 Presidential Election
0.10% of voters voted for the Other party in the 2020 Presidential Election
School Data
Cape Girardeau County, Missouri, has seen its student-to-teacher ratio decline from nearly thirteen in 2014 to just under eleven in 2021, consistently staying below the national average of fourteen. This suggests a more personalized education experience, which could be attractive to families, educators, and real estate agents emphasizing strong local schools. Additionally, investors and insurance agents might perceive this as a sign of a well-supported education system, contributing to... Read more
Student-to-teacher ratio in Cape Girardeau County, Missouri over the last 10 years
The student-to-teacher ratio in Cape Girardeau County, Missouri, has generally been on a downward trend over the past ten years, starting from just under thirteen in 2014 and reaching its lowest point at just under eleven in 2021. Noticeably, this ratio has consistently remained below the national average of fourteen students per teacher, indicating that Cape Girardeau might offer a more personalized education experience compared to other regions. This trend could be particularly appealing to families moving into the area, educators considering employment, and real estate agents marketing homes to prospective buyers looking for quality education factors. Additionally, investors and insurance agents might view the lower ratios as a sign of a well-supported local education system, potentially enhancing community stability and property values.
