Clay County Real Estate and Livability Trends
Clay County, Missouri's real estate market is showing strong indicators of growth and investment potential. Average taxable income per tax return jumped from $58,440.94 in 2013 to $82,769.19 in 2021, aiding in boosting property values and market stability. Median home prices surged from $154,900 in 2015 to $237,200 in 2022, outpacing state and national averages. Interestingly, mortgage activity... Read more
Clay County Market Trends
Housing prices in Clay County, Missouri have seen significant growth over the past eight years, with median values rising from $154,900 in 2015 to $237,200 in 2022, outpacing both statewide and national figures. Real estate taxes have also trended upward consistently, nearly doubling from $2,897.61 in 2012 to $4,773.74 in 2021. Meanwhile, the county has experienced fluctuations in residential... Read more
Median Value of Occupied Housing Units in Clay County, Missouri Over the Last 8 Years
Housing prices in Clay County, Missouri have seen consistent growth over the past eight years, with the median value rising from $154,900 in 2015 to $237,200 in 2022. This increase is more pronounced compared to the statewide median values which grew from $138,400 to $199,400, and the national median values which rose from $125,500 to $179,400 in the same period. For potential investors and homebuyers, Clay County’s escalating property values indicate a strong real estate market that may offer solid returns over time.
Residential Energy Tax Credit Per Tax Return in Clay County, MO Over the Last 9 Years
Clay County, Missouri has seen significant fluctuations in residential energy tax credits per tax return over the last nine years, with a noteworthy spike in 2018 reaching $3,518.52. This volatility suggests varying levels of investment in energy-efficient home improvements, which could hint at broader economic trends or local incentives influencing homeowner behavior. For investors and real estate agents, this trend could signal periods of high activity and modernization. Insurers and appraisers might also find these patterns useful for assessing property values and risk, especially in noting years with substantial investments in energy efficiency upgrades.
Average Real Estate Taxes Per Tax Return in Clay County, MO Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Clay County, Missouri have shown a consistent upward trend, starting from approximately $2,897.61 in 2012 and reaching $4,773.74 in 2021. Noteworthy increases can be seen after 2017, highlighting a significant jump, particularly between 2017 and 2018 where the average jumped from around $3,440.67 to $4,311.68. This steady rise in tax amounts could reflect rising property values or changes in local tax policies, impacting potential investment decisions and property valuations in the area. Real estate players and potential residents should consider these financial dynamics when evaluating the county's market viability.
Percentage of Farm Returns in Clay County, MO Over the Last 10 Years
In Clay County, Missouri, the percentage of farm tax returns has shown a generally declining trend over the past decade, starting from approximately 0.99% in 2012 to around 0.74% in 2021. Farm tax returns, which are reports of income, expenses, and profits from farming activities, offer insight into the health and prevalence of farming within the county. This decline might be interesting for potential investors and residents as it could indicate shifts in the local economy, possibly moving away from agricultural-based activities. Understanding these trends may help in assessing long-term investment potentials, property values, and the evolving economic landscape in the area.
Number of Mortgages by Occupancy Type in Clay County, MO Over the Last 5 Years in Clay County
Over the past five years, Clay County, Missouri has seen a marked fluctuation in mortgage activity, especially noticeable in the primary and investment property categories. Notably, while principal residence mortgages peaked in 2020 with 22,698, they have since declined to 12,419 in 2022, signaling potential market cooling or shifts in demand. On the other hand, investment property mortgages surged to 1,117 in 2021 before dropping again to 763 in 2022, possibly reflecting changing real estate investment strategies or investor confidence. These occupancy type trends can deeply impact property values, investment opportunities, and risk assessments for stakeholders, from investors and appraisers to real estate agents and insurance professionals, by providing insights into market health and buyer behavior shifts in the region.
Economic Outlook
Over the past decade in Clay County, Missouri, average taxable income per tax return has grown from $58,440.94 in 2013 to approximately $82,769.19 in 2021, indicating a strengthening local economy. This trend could point to a robust real estate market with potential profitable returns for investors. With state and local income taxes per tax return doubling from $5,318.70 in 2012 to $10,423.18 in 2021, rising incomes might be driving an increase in property values and market stability.... Read more
Average Taxable Income per Tax Return in Clay County, MO over the last 9 years
Over the past nine years in Clay County, Missouri, average taxable income per tax return has seen appreciable growth, reflecting a trend that might interest potential investors or real estate agents. From $58,440.94 in 2013 to approximately $82,769.19 in 2021, this upward trajectory indicates a strengthening local economy. For those considering property investments or relocations, the rising income levels could suggest a robust market with potential for profitable returns. Insurance agents might also find this data encouraging, as higher incomes can correlate with increased demand for comprehensive policies.
Average State and Local Income Taxes Per Tax Return in Clay County, MO Over the Last 10 Years
Clay County, Missouri has seen a steady increase in average state and local income taxes per tax return over the last decade, climbing from $5,318.70 in 2012 to a notable $10,423.18 in 2021. This upward trend may suggest economic growth and rising incomes, which can be beneficial for potential investors and homebuyers looking at property values and market stability. The significant jump in 2018 and subsequent years might indicate changes in taxation policies or enhanced economic activities, making it a point of interest for those considering long-term investments in the region.
Average Total Tax Liability Per Tax Return in Clay County, MO Over the Last 10 Years
Over the past decade, Clay County, Missouri has seen a notable increase in the average total tax liability per tax return, starting from approximately $8,383.91 in 2012 and reaching around $13,564.78 in 2021. This upward trend is particularly relevant for potential investors, property developers, and real estate agents as it likely reflects an overall rise in incomes or property values within the area. While there were slight dips in 2016 and 2018, the general trajectory suggests that the economic prospects in Clay County might be robust, which can attract appraisers, insurance agents, and new residents seeking a thriving community.
Cost of Living in Clay County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,535 | $1,532 | $2,056 | $1,952 | $1,835 |
| 1 adult 4 children | $1,535 | $1,251 | $1,582 | $1,952 | $1,967 |
| 2 adults 3 children | $1,535 | $1,252 | $1,779 | $1,952 | $1,550 |
| 1 adult 3 children | $1,535 | $1,022 | $1,305 | $1,952 | $1,665 |
| 2 adults 2 children | $1,168 | $1,025 | $1,502 | $1,706 | $1,187 |
| 1 adult 2 children | $1,168 | $765 | $1,028 | $1,706 | $1,242 |
| 2 adults 1 child | $1,168 | $810 | $1,225 | $907 | $987 |
| 1 adult 1 child | $1,168 | $523 | $751 | $907 | $882 |
| 2 adults | $1,006 | $651 | $948 | $0 | $736 |
| 1 adult | $888 | $355 | $474 | $0 | $617 |
Safety trends & Data
Clay County, Missouri, is witnessing a dynamic shift in property crime trends that could impact the local real estate landscape. Larceny-theft incidents have halved over the past five years, dropping from 226 in 2018 to 114 in 2022, which may signal a safer environment for homeowners. Burglary reports fell dramatically, from 34 down to just 2 cases, hinting at either improved security measures or changing criminal behaviors. However, vandalism remains stubbornly stable, pointing to possible... Read more
Property Crime Trends in Clay County, MO Over the Last 5 Years
The property crime landscape in Clay County, Missouri has seen notable fluctuations over the past five years. Larceny - Theft consistently leads, though there’s been a significant drop from 226 incidents in 2018 to 114 in 2022, reflecting a broader trend of declining property crimes. Burglary counts sharply decreased from 34 in 2018 to just 2 in 2022, indicating improved security or changing criminal patterns. Vandalism remains a persistent issue with minor variations, suggesting localized hotspots still exist. Stolen property offenses notably spiked by 2019 and hovered around higher levels, hinting at underlying economic or enforcement shifts. Altogether, these dynamics reflect evolving challenges and opportunities for real estate investors, insurance agents, and law enforcement in the area.
Demographics
In Clay County, Missouri, the adult population might lean slightly female, which could affect community services and health programs. Educational attainment shows a notable chunk of the population achieving high school diplomas, but there is also a significant representation of individuals with bachelor's degrees or higher, which could imply a skilled workforce ideal for attracting businesses. The county's age distribution hints at a relatively balanced demographic with a substantial number of... Read more
Race Distribution in Clay County, Missouri (2022)
Educational Attainment in Clay County, Missouri (2022)
Age Distribution in Clay County, Missouri
Citizen Population in Clay County, Missouri (2022)
Political Trends & Data
In Clay County, Missouri, the 2020 Presidential Election revealed a competitive two-party landscape, with Republicans potentially taking an edge at approximately 51% and Democrats trailing closely at roughly 47%. Third-party candidates, including Libertarians and Greens, seemingly garnered minimal support, together accounting for under 2% of the vote. This trend suggests a heavily polarized electorate, with minimal impact from minor... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Clay County, Missouri, the 2020 U.S. Presidential Election saw a competitive race with Republicans potentially securing a slight edge at roughly 51%, while Democrats trailed closely with around 47%. Third-party candidates, including Libertarians and Greens, seemed to garner minimal support, collectively accounting for under 2% of the vote. This dynamic likely highlights a predominantly two-party system in Clay County, with minor parties struggling to gain significant traction.
51.04% of voters voted for the Republican party in the 2020 Presidential Election
46.93% of voters voted for the Democrat party in the 2020 Presidential Election
1.60% of voters voted for the Livertarian party in the 2020 Presidential Election
0.28% 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
Clay County, Missouri has seen a decline in the student-to-teacher ratio from about 15:1 in 2014 to around 13:1 in 2023. This trend towards smaller class sizes may enhance education quality by allowing for more individualized attention, signaling a strengthening education system that could potentially increase property values and make the area more attractive. Considering the national average is roughly 14:1, this lower ratio is particularly notable and could be a positive factor for appraisers... Read more
Student-to-teacher ratio in Clay County, Missouri over the last 10 years
Over the past decade, the student-to-teacher ratio in Clay County, Missouri has seen a general decline, moving from a ratio of about fifteen in 2014 to roughly thirteen in 2023. This downward trend suggests smaller class sizes, which could enhance the quality of education by allowing for more individualized attention from teachers. For investors, real estate agents, and those considering a move, this trend might signal a strengthening education system, potentially increasing property values and making the area more attractive. Given that the current national average is approximately fourteen students per teacher, Clay County's lower ratios are particularly noteworthy. For appraisers and insurance agents, the improving educational environment could be a factor in assessing the overall desirability and valuation of properties in the area.
