Hickory County Real Estate and Livability Trends
In Hickory County, Missouri, average taxable income per tax return has surged from $32,700.56 in 2013 to $47,876.30 in 2021, suggesting economic growth and potential property value increases. Median home values jumped to $108,900 in 2022 from $88,900 in 2021, still well below Missouri's median of $199,400, hinting at attractive affordability. Fluctuations in residential energy tax credits and... Read more
Hickory County Market Trends
Hickory County, Missouri, presents a unique real estate landscape with its 2022 median home value of $108,900, jumping from $88,900 in 2021 and yet significantly lower than the state's $199,400 median. This affordability could appeal to buyers despite lower growth rates compared to broader markets. Fluctuating residential energy tax credits, peaking at $1,833.33 in 2020, hint at varying... Read more
Median Value of Occupied Housing Units in Hickory County, Missouri Over the Last 8 Years
Hickory County, Missouri, has seen some interesting fluctuations in median home values over the past 8 years. The 2022 figure of $108,900 marked a significant increase from 2021's $88,900. Meanwhile, home values in Missouri reached $199,400, nearly doubling Hickory County's. Nationally, the median value in 2022 was $179,400. Investors and prospective residents might find the relative affordability of Hickory County appealing, despite its lower growth rate compared to state and national averages. This could suggest potential for upward mobility in property values within the area.
Residential Energy Tax Credit Per Tax Return in Hickory County, MO Over the Last 8 Years
Residential energy tax credits in Hickory County, Missouri have shown considerable fluctuations over the past eight years, with notable peaks in 2016 at $660.00, a substantial rise to $1,150.00 in 2017, and reaching up to $1,833.33 in 2020. This volatility could signify varying local investment in energy-efficient home improvements. The highs indicate possible incentives or increased adoption of green technologies, which can be key for investors, homeowners, and real estate professionals focusing on sustainable living. Insurance agents and appraisers might also find these figures relevant when evaluating the property's value and future savings for clients.
Average Real Estate Taxes Per Tax Return in Hickory County, MO Over the Last 10 Years
Hickory County, Missouri has experienced a notable rise in average real estate taxes per tax return over the last decade, climbing from approximately $1,082.22 in 2012 to around $1,950.00 in 2021. This could indicate increased property values or adjustments in tax rates. For investors, rising real estate taxes might suggest a growing market, making it potentially attractive for property investment. Conversely, existing homeowners and potential buyers might need to account for higher tax payments in their financial planning. This trend is particularly relevant for appraisers and insurance agents as it impacts property valuations and insurance premiums. Real estate agents and builders should remain aware of these shifts as they likely reflect broader economic changes in the county.
Percentage of Farm Returns in Hickory County, MO Over the Last 10 Years
Hickory County, Missouri has shown some variability in the percentage of farm tax returns over the past decade. The figures have hovered around the mid-14% range, reaching as high as 15.19% in 2015 and dropping to a low of 13.60% in 2020. These returns offer a snapshot into the agricultural economic activity, which can be an important factor for those considering investment, relocation, or property development in the area. Farm tax returns typically represent the performance and sustainability of farming operations, indicating both challenges and opportunities in the region’s agricultural sector.
Number of Mortgages by Occupancy Type in Hickory County, MO Over the Last 5 Years in Hickory County
When examining the mortgage landscape in Hickory County, Missouri, the number of mortgages for principal residences has shown a noticeable upward trend, peaking in 2021 with 439 loans. Investment properties and second residences have remained relatively stable with slight fluctuations, suggesting a consistent demand but not as pronounced as primary homes. Changes in occupancy type can influence market values and insurance premiums; for instance, a rising number of principal residences could indicate increased local investment or attractiveness for permanent living, while stable investment property figures may imply steady rental demand. This data is valuable for anyone considering investing, relocating, or working within the real estate sector in Hickory County.
Economic Outlook
Hickory County, Missouri has seen average taxable income per tax return rise from $32,700.56 in 2013 to $47,876.30 in 2021, indicating potential economic growth and suggesting increasing property values. Over the same period, state and local income taxes per tax return also generally increased with notable fluctuations, peaking at $6,375.00 in 2020 before decreasing to $4,780.00 in 2021, which may influence investment decisions. Additionally, total tax liability per tax return has been rising,... Read more
Average Taxable Income per Tax Return in Hickory County, MO over the last 9 years
Over the past nine years, Hickory County, Missouri has seen a steady uptick in average taxable income per tax return, climbing from $32,700.56 in 2013 to $47,876.30 in 2021. This consistent rise, particularly the sharp increase observed in 2020 and 2021, might suggest a growing economic vitality in the area. For real estate agents, investors, and insurance agents, this trend potentially signals a stronger local economy and increasing property values, making Hickory County an appealing location for future investments and development. Similarly, those contemplating a move to the area might find this upward income trend promising in terms of community growth and opportunities.
Average State and Local Income Taxes Per Tax Return in Hickory County, MO Over the Last 10 Years
Over the last decade, state and local income taxes per tax return in Hickory County, Missouri have shown a general upward trend, with some fluctuations. Significant increases can be observed in recent years, such as a jump to $6,375.00 in 2020, before decreasing to $4,780.00 in 2021. These shifts may affect decisions related to investment and relocation, especially when considering the variable tax burden.
Average Total Tax Liability Per Tax Return in Hickory County, MO Over the Last 10 Years
Hickory County, Missouri has experienced fluctuating, yet overall increasing total tax liability per tax return over the past decade, with a noticeable spike in recent years. In 2012, the average total tax liability was approximately $3,938.08, rising to around $5,877.58 by 2021. This upward trend suggests potential changes in local economic conditions or tax policies which may impact potential investors, homebuyers, and real estate agents considering property development or acquisitions in the area.
Cost of Living in Hickory County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $935 | $1,347 | $2,112 | $799 | $1,039 |
| 1 adult 4 children | $935 | $1,100 | $1,616 | $799 | $1,106 |
| 2 adults 3 children | $935 | $1,101 | $1,831 | $799 | $825 |
| 1 adult 3 children | $935 | $898 | $1,336 | $799 | $815 |
| 2 adults 2 children | $746 | $901 | $1,551 | $675 | $704 |
| 1 adult 2 children | $746 | $673 | $1,056 | $675 | $615 |
| 2 adults 1 child | $746 | $712 | $1,271 | $273 | $645 |
| 1 adult 1 child | $746 | $460 | $775 | $273 | $527 |
| 2 adults | $567 | $572 | $990 | $0 | $561 |
| 1 adult | $499 | $312 | $495 | $0 | $485 |
Safety trends & Data
Hickory County, Missouri's property crime trends have shown notable fluctuations over the past five years, particularly with burglary incidents peaking at 7 cases in 2021. Larceny-Theft remains consistently prevalent, hitting a high of 11 incidents in the same year. Sporadic jumps in Fraud and Vandalism suggest unstable patterns, while Motor Vehicle Theft peaked in 2019 with 4 incidents. These cyclical crime patterns could be pivotal for stakeholders conducting risk assessments and strategic... Read more
Property Crime Trends in Hickory County, MO Over the Last 5 Years
Hickory County, Missouri has seen fluctuating trends in property crimes over the last five years, with notable variations across different crime categories. Burglary incidents peaked in 2021 with 7 cases, yet remained relatively low in other years. Larceny-Theft remained the most prevalent crime throughout, spiking at 11 incidents in 2021. Interestingly, Fraud and Vandalism appeared sporadically, showing isolated jumps but no consistent pattern. Motor Vehicle Theft had fewer occurrences, but saw a high in 2019 with 4 incidents. These trends may suggest cyclical crime patterns influenced by various local factors, essential for stakeholders to analyze for risk assessments and strategic planning.
Demographics
In Hickory County, Missouri, the adult population is nearly evenly split between males and females. Educational attainment reveals a potential gap, with most adults holding a high school diploma or some college education, but relatively few possessing a bachelor's or graduate degree. The age distribution indicates a significant number of residents aged 55 and older, suggesting a potentially aging population. The racial demographic is predominantly White, with minimal representation from other... Read more
Race Distribution in Hickory County, Missouri (2022)
Educational Attainment in Hickory County, Missouri (2022)
Age Distribution in Hickory County, Missouri
Citizen Population in Hickory County, Missouri (2022)
Political Trends & Data
Hickory County, Missouri, strongly leaned Republican in the 2020 U.S. Presidential Election, with about 78% of votes. This overwhelming support for the Republican party may shape local policies and community priorities, hinting at a possibly conservative approach to governance and development. While Democrats captured only around 21%, smaller parties like the Libertarian and Green parties were nearly negligible, each pulling in less than 1%, illustrating a political landscape with limited... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Hickory County, Missouri, the 2020 U.S. Presidential Election results reflected a significant leaning towards the Republican party, which garnered approximately 78% of the vote. The Democratic party followed with roughly 21%, while the Libertarian and Green parties barely made a mark, each receiving less than 1%. These percentages suggest a strong Republican presence in this rural county and could potentially influence local policy directions and community priorities.
78.07% of voters voted for the Republican party in the 2020 Presidential Election
20.79% of voters voted for the Democrat party in the 2020 Presidential Election
0.77% of voters voted for the Livertarian party in the 2020 Presidential Election
0.26% 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
Hickory County, Missouri has experienced a gradual decline in its student-to-teacher ratio, moving from 13 students per teacher in 2014 to just over 11 by 2023. This improvement might hint at more personalized attention for students, making the area more appealing for families. For investors and real estate professionals, this trend could suggest an increasing allure of local schools, potentially driving up property values. Appraisers and insurance agents may want to keep an eye on these... Read more
Student-to-teacher ratio in Hickory County, Missouri over the last 10 years
Hickory County, Missouri has seen a slight but steady decline in its student-to-teacher ratio over the past decade, starting at 13 students per teacher in 2014 and decreasing to just over 11 students per teacher by 2023. This lower ratio could indicate more personalized attention for students, potentially enhancing educational outcomes, which could be attractive for families considering moving to the area. For investors and real estate agents, this trend might signal a strengthening appeal of local schools, potentially boosting property values. Appraisers and insurance agents might also consider these educational dynamics when assessing the attractiveness and value of properties in Hickory County.
