Chariton County Real Estate and Livability Trends
Chariton County, Missouri's real estate landscape is intriguing for several reasons. Median home values have surged from $75,400 in 2015 to $121,000 in 2022, signaling an affordability aspect compared to broader markets. Homeowners show increased interest in sustainability, as evidenced by residential energy tax credits peaking at $2,600.00 in 2019. Additionally, real estate taxes have climbed,... Read more
Chariton County Market Trends
Chariton County, Missouri has witnessed a noticeable surge in median home values, climbing from $75,400 in 2015 to $121,000 in 2022, making it a relatively affordable option compared to both state and national figures. Fluctuations in residential energy tax credits, particularly peaking at $2,600.00 in 2019, highlight a trend toward sustainable home improvements, indicating growing homeowner... Read more
Median Value of Occupied Housing Units in Chariton County, Missouri Over the Last 8 Years
The median home values in Chariton County, Missouri have experienced a noticeable increase over the past eight years, rising from $75,400 in 2015 to $121,000 in 2022. While this upward trend mirrors the overall growth seen in Missouri, the county's median values are significantly lower compared to the state, where the median climbed from $138,400 to $199,400 in the same period. Nationally, the median home value has soared from $125,500 in 2015 to $179,400 in 2022, emphasizing Chariton County's relatively more affordable housing market. This could be enticing for potential buyers and investors seeking more economical options within Missouri.
Residential Energy Tax Credit Per Tax Return in Chariton County, MO Over the Last 8 Years
Chariton County, Missouri has seen significant fluctuations in residential energy tax credits over the past eight years, with notable spikes in 2014, 2016, and especially 2019, which reached a high of $2,600.00. Despite some dips, such as in 2017 at $300.00, the trend suggests considerable investment in energy-efficient home improvements, peaking at strategic intervals. This could reflect varying local or federal incentives or shifts in public awareness and energy-saving technologies. Real estate agents, investors, and insurance agents might find this trend indicative of growing homeowner interest in sustainable living, potentially influencing property values and insurance considerations.
Average Real Estate Taxes Per Tax Return in Chariton County, MO Over the Last 10 Years
Over the past decade, Chariton County, Missouri has seen a notable increase in average real estate taxes per tax return. Beginning at approximately $1,313.33 in 2012, the value dipped slightly but stabilized around $1,400 before spiking from 2018 onwards. By 2021, the figure reached about $2,633.33, reflecting a significant upward trend. This likely indicates rising property values or changes in tax policy, which might influence decisions for investors and prospective homeowners. The leap in tax amounts could impact insurance costs, property appraisals, and overall financial planning for residents.
Percentage of Farm Returns in Chariton County, MO Over the Last 10 Years
Over the past decade, Chariton County, Missouri has seen relatively stable percentage figures in farm returns, oscillating between 23.69% and 25.82%. Observing the gradual fluctuations, it's important to consider that farm tax returns reflect the reporting of income from farming activities, which can indicate economic health and stability in the agriculture sector. For potential investors, property developers, or those contemplating moving to the area, these steady figures suggest a resilient local agricultural economy, which might be indicative of consistent land values and reliable community support for farming activities.
Number of Mortgages by Occupancy Type in Chariton County, MO Over the Last 5 Years in Chariton County
Over the past five years in Chariton County, Missouri, there has been notable variability in mortgage counts across different occupancy types. Principal residences generally lead, peaking in 2021 with 263 mortgages, before falling to 167 in 2022. Investment properties saw modest growth, particularly jumping from 2 in 2019 to 17 in 2021 and remaining steady through 2022. Mortgages for second residences, however, remained relatively consistent. These changes in occupancy type matter because shifts toward investment properties could signal a growing attractiveness of the area for rental income, which may impact market values and demand for local services. For investors, potential shifts suggest emerging opportunities or changes in property desirability. Real estate agents and appraisers should note these trends for valuation accuracy and to better advise clients, while insurers may reassess risk profiles based on the varying occupancies.
Economic Outlook
In Chariton County, Missouri, the average taxable income per tax return has been on a general upward trajectory, nearly reaching $59,000 in 2021. This implies potential economic growth and a more affluent population, which could be promising for investors and homebuyers. Meanwhile, state and local income taxes have fluctuated significantly, peaking at $8,166.67 in 2021, indicating the need for financial foresight for residents and investors. The average total tax liability also saw a rise,... Read more
Average Taxable Income per Tax Return in Chariton County, MO over the last 9 years
Over the past nine years, Chariton County, Missouri, has shown a general upward trend in average taxable income per tax return, peaking at nearly $59,000 in 2021. This is significant for potential investors, homebuyers, and real estate professionals, as it may suggest economic growth and a potentially more affluent populace. Property developers and insurance agents might find this data useful for forecasting market opportunities and risks. The steady increase in income levels could indicate a more stable and prosperous economic environment compared to prior years.
Average State and Local Income Taxes Per Tax Return in Chariton County, MO Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Chariton County, Missouri have shown significant fluctuation, with a low of $4,519.15 in 2012 and peaking at $8,166.67 in 2021. This variability suggests that residents and investors need to consider these potential tax shifts when planning financially. For those looking to move to or invest in the area, understanding the trends in tax rates could be crucial for long-term financial planning, as higher taxes can affect disposable income and overall cost of living.
Average Total Tax Liability Per Tax Return in Chariton County, MO Over the Last 10 Years
The average total tax liability per tax return in Chariton County, Missouri over the last ten years has shown some fluctuations. After experiencing a drop in 2013 to $6,124.50, there was a gradual rise leading up to 2020 where it reached $7,945.90 and continued to increase slightly to $8,003.86 in 2021. This gradual increase, especially the notable jump between 2019 and 2020, could suggest growing incomes or changes in tax policies affecting residents. Understanding these trends is crucial for appraisers, real estate agents, and potential investors as they provide insights into the economic health and fiscal trends in Chariton County.
Cost of Living in Chariton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,039 | $1,303 | $2,499 | $879 | $1,242 |
| 1 adult 4 children | $1,039 | $1,064 | $1,915 | $879 | $1,316 |
| 2 adults 3 children | $1,039 | $1,064 | $2,166 | $879 | $989 |
| 1 adult 3 children | $1,039 | $869 | $1,582 | $879 | $1,004 |
| 2 adults 2 children | $746 | $871 | $1,833 | $754 | $801 |
| 1 adult 2 children | $746 | $651 | $1,249 | $754 | $716 |
| 2 adults 1 child | $746 | $689 | $1,500 | $351 | $731 |
| 1 adult 1 child | $746 | $445 | $916 | $351 | $597 |
| 2 adults | $585 | $553 | $1,167 | $0 | $622 |
| 1 adult | $549 | $302 | $583 | $0 | $542 |
Safety trends & Data
Property crime trends in Chariton County, Missouri, have shown notable fluctuations over the past five years, with Larceny - Theft peaking at 4.00 in 2019. Motor Vehicle Theft and Vandalism saw spikes during 2019 and 2020, potentially impacting investment and development strategies. Understanding these crime patterns is crucial for investors, developers, and insurance agents when assessing risk and planning... Read more
Property Crime Trends in Chariton County, MO Over the Last 5 Years
Over the past five years, property crime trends in Chariton County, Missouri, have varied with notable fluctuations. Larceny - Theft has the highest occurrence, peaking at 4.00 in 2019, while Motor Vehicle Theft also saw some spikes in 2019 and 2020. A noticeable uptick in Vandalism was observed during 2019 and 2020. These shifts offer critical insights for prospective investors, property developers, and insurance agents in evaluating risk and planning development or coverage strategies effectively in the area.
Demographics
Chariton County, Missouri exhibits a near-equal gender distribution with a adult population slightly leaning towards females. The county is prominently White, with minimal representation from other races. Educational attainment suggests a large portion of the population has achieved at least a high school diploma, but fewer have pursued higher education beyond a bachelor’s degree. Age distribution indicates a significant proportion of residents aged 55 and older, potentially impacting... Read more
Race Distribution in Chariton County, Missouri (2022)
Educational Attainment in Chariton County, Missouri (2022)
Age Distribution in Chariton County, Missouri
Citizen Population in Chariton County, Missouri (2022)
Political Trends & Data
In Chariton County, Missouri, the 2020 U.S. Presidential Election revealed a strong Republican preference, with roughly 76% of the vote going to the GOP. Democrats earned about 22%, and third-party candidates saw minimal support. This political landscape suggests a high degree of political homogeneity, which might influence future policy directions and campaign approaches in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Chariton County, Missouri, voting patterns in the 2020 U.S. Presidential Election suggested a strong Republican lean, with nearly 76% of the vote. Democrats garnered around 22%, while third-party candidates, including the Libertarian and Green parties, received minimal support, each attracting less than 1%. This significant disparity underscores a potential trend of political homogeneity in the area, potentially impacting future policy and campaign strategies.
76.31% of voters voted for the Republican party in the 2020 Presidential Election
22.47% of voters voted for the Democrat party in the 2020 Presidential Election
0.98% of voters voted for the Livertarian party in the 2020 Presidential Election
0.12% 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
Chariton County, Missouri has seen its student-to-teacher ratio decrease from 10 in 2014 to 9 in 2023, well below the national average of 14 students per teacher. This trend could be compelling for families considering a move, as lower ratios often suggest more individualized attention for students. For investors and real estate agents, the emphasis on quality education might enhance property values and appeal. Appraisers and insurance agents might also find this data useful as part of their... Read more
Student-to-teacher ratio in Chariton County, Missouri over the last 10 years
Over the last decade, Chariton County, Missouri has experienced a consistent decline in its student-to-teacher ratio, dropping from 10 in 2014 to 9 in 2023, well below the national average of 14 students per teacher. This trend could be compelling for families considering a move, as lower ratios often suggest more individualized attention for students. For investors and real estate agents, the emphasis on quality education might enhance property values and appeal. Appraisers and insurance agents might also find this data useful as part of their assessments and risk analyses, given that robust educational infrastructures tend to correlate with stable, desirable living environments.
