Jackson County Real Estate and Livability Trends
In Jackson County, Missouri, the average taxable income has increased from around $52,375.91 in 2013 to $72,522.69 in 2021, coupled with a significant rise in state and local income taxes, suggesting potential shifts in economic policies. Median home values rose from $125,500 in 2015 to $196,900 in 2022, outpacing state and national growth rates, which could indicate robust real estate potential.... Read more
Jackson County Market Trends
Jackson County, Missouri's median home values surged from $125,500 in 2015 to $196,900 in 2022, outpacing both state and national medians, suggesting a stronger-than-average growth potential. Average residential energy tax credits peaked at $2,700.00 in 2018 before stabilizing, indicating fluctuating investments in energy-efficient improvements. Real estate taxes rose significantly, from... Read more
Median Value of Occupied Housing Units in Jackson County, Missouri Over the Last 8 Years
Jackson County, Missouri has seen a significant surge in median home values over the past eight years, culminating in a median value of $196,900 in 2022 from $125,500 in 2015. This increase outpaces both Missouri's state-wide median home values, which are $199,400 in 2022, and the national median value of $179,400. These trends may indicate a stronger-than-average growth potential for real estate investments and heightened demand in Jackson County. Such data could be crucial for prospective investors looking to capitalize on rising property values or for individuals planning to move to the area.
Residential Energy Tax Credit Per Tax Return in Jackson County, MO Over the Last 9 Years
Over the past nine years, the average residential energy tax credit per tax return in Jackson County, Missouri, has shown significant fluctuation. While starting at $352.93 in 2013 and peaking at $2,700.00 in 2018, these tax credits experienced a dramatic increase before settling at $1,177.41 in 2021. Such variability could suggest changes in energy-efficient home improvement investments or shifts in local and federal incentive programs, potentially impacting decisions for homeowners, investors, real estate agents, and insurance agents in the area.
Average Real Estate Taxes Per Tax Return in Jackson County, MO Over the Last 10 Years
Jackson County, Missouri has seen a notable upward trend in average real estate taxes per tax return over the last decade, rising from approximately $2,944.89 in 2012 to an estimated $5,571.53 in 2021. The significant spike between 2017 and 2018, where the average increased by over $1,200, suggests factors such as property value reassessment or fiscal policy changes may have had a substantial impact. This level of increase is important for potential investors and home buyers to consider, as it could indicate rising property values but also higher carrying costs. Real estate agents might find this data useful to explain shifts in market dynamics, while appraisers and insurance agents should factor in these trends when assessing property prices and insurability.
Percentage of Farm Returns in Jackson County, MO Over the Last 10 Years
Over the past decade in Jackson County, Missouri, we've observed a gradual decline in the percentage of farm tax returns, dipping from approximately 0.46% in 2012 to around 0.35% in 2021. This trend may suggest a shrinking agricultural presence or a shift towards other forms of income among the residents. For those considering investment, relocation, or property development, this could imply changing economic dynamics that may impact land values and local economic policies. Understanding these trends can be crucial for making informed decisions in this evolving landscape.
Number of Mortgages by Occupancy Type in Jackson County, MO Over the Last 5 Years in Jackson County
Investment Property in Jackson County, Missouri, showed notable fluctuations in the mortgage count over the past five years, starting at 3,641 in 2018, peaking at 5,307 in 2021, and slightly decreasing to 4,477 in 2022. Principal Residences have generally seen higher counts, with a significant dip from 48,444 in 2020 to 30,252 in 2022. Second Residences remained largely steady, with numbers hovering around the 360-510 range annually. These shifts in occupancy type likely indicate changing market dynamics that can influence property values, insurance assessments, and investment opportunities, providing crucial insights for stakeholders like appraisers, real estate agents, and investors.
Economic Outlook
In Jackson County, Missouri, the average taxable income per tax return has climbed from about $52,375.91 in 2013 to around $72,522.69 by 2021, indicating a steady economic uptick. This economic boost has been mirrored by increasing state and local income taxes, which have more than doubled from $5,675.58 in 2012 to $12,228.08 in 2021, hinting at possible policy shifts. Coupled with a rising average total tax liability per tax return, moving from $8,391.32 in 2012 to $12,136.96 in 2021, these... Read more
Average Taxable Income per Tax Return in Jackson County, MO over the last 9 years
Over the past nine years, the average taxable income per tax return in Jackson County, Missouri has shown a generally upward trajectory, starting at about $52,375.91 in 2013 and rising to approximately $72,522.69 by 2021. This suggests a steady economic improvement, with a noticeable spike after 2017. Potential investors and real estate agents might find this trend encouraging, as it hints at increasing affluence within the community, which is often a positive indicator for property values and market stability.
Average State and Local Income Taxes Per Tax Return in Jackson County, MO Over the Last 10 Years
Over the last decade, Jackson County, Missouri has seen steady increases in average state and local income taxes per tax return, moving from $5,675.58 in 2012 to $12,228.08 in 2021. Notable spikes occurred around 2018, pushing the figures to the $10,000 range and beyond, which could suggest policy changes or economic shifts impacting taxable income. Understanding these trends is crucial for potential investors, homeowners, or new residents as they reflect broader economic conditions and tax burdens in the area.
Average Total Tax Liability Per Tax Return in Jackson County, MO Over the Last 10 Years
Over the past decade, Jackson County, Missouri has experienced a general upward trend in average total tax liability per tax return, with values rising notably from $8,391.32 in 2012 to $12,136.96 in 2021. This increasing tax liability may suggest a climbing property value, hinting at a potentially stronger local economy and appealing property investments. The steeper rise post-2018 reflects possibly shifting economic factors or local policy changes that could interest appraisers, insurance agents, and real estate investors alike.
Cost of Living in Jackson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,458 | $1,560 | $2,056 | $1,618 | $1,608 |
| 1 adult 4 children | $1,458 | $1,274 | $1,582 | $1,618 | $1,723 |
| 2 adults 3 children | $1,458 | $1,275 | $1,779 | $1,618 | $1,335 |
| 1 adult 3 children | $1,458 | $1,041 | $1,305 | $1,618 | $1,431 |
| 2 adults 2 children | $1,109 | $1,043 | $1,502 | $1,425 | $1,030 |
| 1 adult 2 children | $1,109 | $779 | $1,028 | $1,425 | $1,041 |
| 2 adults 1 child | $1,109 | $825 | $1,225 | $799 | $904 |
| 1 adult 1 child | $1,109 | $533 | $751 | $799 | $777 |
| 2 adults | $955 | $663 | $948 | $0 | $686 |
| 1 adult | $843 | $361 | $474 | $0 | $572 |
Safety trends & Data
Jackson County, Missouri's property crime trends reveal significant fluctuations over the past five years. Larceny-theft remains the most common despite falling from 3,593 incidents in 2018 to 1,684 in 2021. Vandalism and motor vehicle theft show variable peaks and troughs, maintaining continuous concern. Arson spiked in 2020 with 29 cases, up from 12 in 2018. Fraud and forgery have slightly decreased, but embezzlement peaked in 2019 at 88 cases before declining. These patterns suggest a... Read more
Property Crime Trends in Jackson County, MO Over the Last 5 Years
Property crime trends in Jackson County, Missouri over the past five years show significant fluctuations in various categories. While larceny-theft remains the most prevalent crime despite a notable decline from 2018's 3,593 incidents to 2021's 1,684, vandalism and motor vehicle theft also exhibit variability with peaks and troughs but sustained concern. Arson saw a spike in 2020 with 29 instances, up from 12 in 2018. Fraud and forgery have slightly decreased, while interestingly, embezzlement peaked in 2019 at 88 cases before declining. For potential investors, residents, and agents, these trends indicate a dynamic safety landscape that can impact property values, insurance costs, and development prospects.
Demographics
Jackson County, Missouri displays a roughly even gender split, with a slight female majority. The educational attainment levels suggest that a large segment of the population has at least some college education, pointing towards a relatively educated demographic base. The age distribution underscores a sizable workforce population, particularly in the 25 to 34-year range, which might appeal to businesses and employers. The racial makeup is predominantly White, but there's a significant African... Read more
Race Distribution in Jackson County, Missouri (2022)
Educational Attainment in Jackson County, Missouri (2022)
Age Distribution in Jackson County, Missouri
Citizen Population in Jackson County, Missouri (2022)
Political Trends & Data
In Jackson County, Missouri, a competitive political landscape might subtly influence property investments, with Republicans slightly ahead at around 51% and Democrats close at 47% in the 2020 Presidential Election. This two-party dominance could potentially impact local policies and regulations, shaping the real estate market to cater to a varied yet primarily bipartisan... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jackson County, Missouri, the 2020 U.S. Presidential Election results suggest a relatively competitive political landscape, with Republicans possibly securing a slight edge at around 51%, while Democrats trail closely at approximately 47%. Libertarians and other minor parties hardly register, making up about 2% combined. This could indicate a predominantly two-party system in the county, with limited influence from third parties.
50.98% 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
1.58% of voters voted for the Livertarian party in the 2020 Presidential Election
0.35% of voters voted for the Green party in the 2020 Presidential Election
0.16% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Jackson County, Missouri, the student-to-teacher ratio has seen notable fluctuations around the national average of 14 students per teacher, with a significant dip to 12 in 2023. This could indicate a local commitment to educational quality, impacting property attractiveness for families. Investors and real estate professionals may find this trend beneficial as it potentially enhances market values and demand in the... Read more
Student-to-teacher ratio in Jackson County, Missouri over the last 10 years
In Jackson County, Missouri, the student-to-teacher ratio has generally fluctuated around the national average of 14 students per teacher over the past decade. Notably, in 2020 the ratio dipped to 13 before reaching lower figures in recent years, with 12 students per teacher in 2023. This trend might reflect changing enrollment patterns, shifts in educational funding, or efforts toward smaller class sizes. For investors and real estate agents, this could indicate a commitment to educational quality, potentially making properties more attractive. Insurance agents and appraisers might consider these trends when assessing area demand and market values, while prospective residents could view these ratios as a positive factor for family living.
