Lawrence County Real Estate and Livability Trends
Lawrence County, Missouri, is showing notable economic growth with average taxable income per return jumping from $39,502 in 2013 to $51,849 in 2021. The median home values have risen significantly from $98,100 in 2015 to $145,800 in 2022, marking an interesting trend for real estate investors. Local property taxes have increased, hitting around $2,250 in 2021, which could impact financial... Read more
Lawrence County Market Trends
Lawrence County, Missouri's median home values have seen significant growth from $98,100 in 2015 to $145,800 in 2022, showcasing an appealing market trajectory for investors. Residential energy tax credits have surged over nine years, peaking at about $4,537.50 in 2018, suggesting a community trend toward energy-efficient home improvements. Real estate taxes have been on the rise, reaching... Read more
Median Value of Occupied Housing Units in Lawrence County, Missouri Over the Last 8 Years
Over the past 8 years, median home values in Lawrence County, Missouri have experienced substantial growth, jumping from $98,100 in 2015 to $145,800 in 2022. This marks a significant increase, especially in comparison to the state of Missouri, which started at $138,400 in 2015 and went up to $199,400 in 2022. While Lawrence County trails behind Missouri's state average, its growth trajectory is comparable. Nationally, home values started higher at $125,500 in 2015 and reached $179,400 in 2022, indicating that Lawrence County's market has been catching up, making it a potentially attractive location for investors seeking growth potential.
Residential Energy Tax Credit Per Tax Return in Lawrence County, MO Over the Last 9 Years
Over the past nine years in Lawrence County, Missouri, there's been a noticeable upward trend in the average residential energy tax credit per tax return. Starting modestly at around $291.30 in 2013, the average spiked dramatically to approximately $4,537.50 by 2018, before adjusting slightly downward but remaining substantial at $2,275.00 in 2021. These trends might suggest growing investments in energy-efficient home improvements among residents, which could be an attractive point for potential investors, appraisers, and real estate agents. This boom in energy tax credits might indicate a community increasingly focused on sustainable living and could influence property values and insurance considerations.
Average Real Estate Taxes Per Tax Return in Lawrence County, MO Over the Last 10 Years
Over the last decade, Lawrence County, Missouri has seen a notable increase in average real estate taxes per tax return. Starting at approximately $1,289.87 in 2012, the figure has gradually risen to $2,250.00 by 2021. This uptick, especially post-2017 where taxes jumped from around $1,516.19 to beyond $2,000, could be indicative of rising property values or changes in tax rates. For potential investors, homeowners, and real estate professionals, these trends emphasize the importance of factoring in escalating property taxes when making financial and strategic decisions in the region.
Percentage of Farm Returns in Lawrence County, MO Over the Last 10 Years
Lawrence County, Missouri has seen a relatively stable percentage of farm tax returns over the past decade, generally fluctuating around 11%. While there was a slight dip between 2018 and 2020, the percentage slightly rebounded in 2021 to 10.37%. Farm tax returns in this context generally reflect the proportion of tax filings related to agricultural activities, indicating either the stability or shifts in the local agricultural economy. This stability or fluctuation can be valuable information for potential investors, property developers, and residents who are interested in understanding the economic landscape of the county.
Number of Mortgages by Occupancy Type in Lawrence County, MO Over the Last 5 Years in Lawrence County
Lawrence County, Missouri has shown a steady dominance of mortgages for Principal Residences over the past five years, while Investment Property and Second Residence mortgages have fluctuated with much lower figures. The number of mortgages for Principal Residences peaked in 2021, illustrating that the area might appeal primarily to long-term residents. The relatively low and stable count for Second Residences and the variable, yet minor, increase in Investment Properties suggest that Lawrence County may not be a hot spot for vacation homes or aggressive real estate investments. For investors, this could indicate stable opportunities without fierce competition. For insurance agents and lenders, the high number of primary residences could mean a less risky portfolio compared to regions with more secondary or investment homes. Real estate agents might find their primary clientele to be first-time home buyers or families looking to settle down, rather than speculative investors or seasonal visitors. This composition likely impacts property values, development focus, and community planning initiatives.
Economic Outlook
Lawrence County, Missouri, has experienced a notable rise in average taxable income per tax return, increasing from about $39,502 in 2013 to $51,849 in 2021, indicating a potentially strengthening local economy. Additionally, state and local income taxes per tax return nearly doubled from $4,241.96 in 2012 to $9,634.15 in 2021, suggesting rising income levels or increased fiscal demands that could impact real estate and investment decisions. The average total tax liability per tax return also... Read more
Average Taxable Income per Tax Return in Lawrence County, MO over the last 9 years
Lawrence County, Missouri, has seen a steady increase in average taxable income per tax return over the past nine years, jumping from around $39,502 in 2013 to approximately $51,849 in 2021. This growth trend might signal a strengthening local economy, making it potentially attractive for investment and real estate ventures. Real estate agents, appraisers, and insurance agents should consider these income trends as an indicator of the residents' increasing financial health, which can influence property values, insurance premiums, and market demand.
Average State and Local Income Taxes Per Tax Return in Lawrence County, MO Over the Last 10 Years
In Lawrence County, Missouri, over the past decade, state and local income taxes per tax return have seen substantial increases, nearly doubling from $4,241.96 in 2012 to $9,634.15 in 2021. Notable spikes occurred in 2018 and 2019, potentially signifying economic growth or policy changes impacting taxpayers. Such trends might indicate rising income levels or increased fiscal demands, which could impact decisions on investment, property development, and residency.
Average Total Tax Liability Per Tax Return in Lawrence County, MO Over the Last 10 Years
Over the past decade, Lawrence County, Missouri, has seen some interesting fluctuations in average total tax liability per tax return. From $5,123.20 in 2012, the liability steadily increased, peaking significantly at $6,661.31 in 2021. This period generally highlights a trend of rising tax burdens, which might suggest growing incomes or property values, potentially making the area more attractive for property investment and signaling economic growth. However, the dip observed in 2018 and 2019 could indicate brief economic challenges. This nuanced tax liability trend may offer valuable insights for real estate agents, investors, and insurance agents assessing the financial landscape of the county.
Cost of Living in Lawrence County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,060 | $1,303 | $2,112 | $892 | $1,078 |
| 1 adult 4 children | $1,060 | $1,064 | $1,616 | $892 | $1,156 |
| 2 adults 3 children | $1,060 | $1,064 | $1,831 | $892 | $862 |
| 1 adult 3 children | $1,060 | $869 | $1,336 | $892 | $872 |
| 2 adults 2 children | $746 | $871 | $1,551 | $765 | $700 |
| 1 adult 2 children | $746 | $651 | $1,056 | $765 | $616 |
| 2 adults 1 child | $746 | $689 | $1,271 | $353 | $645 |
| 1 adult 1 child | $746 | $445 | $775 | $353 | $535 |
| 2 adults | $597 | $553 | $990 | $0 | $558 |
| 1 adult | $593 | $302 | $495 | $0 | $515 |
Safety trends & Data
Property crime in Lawrence County, Missouri, has shown fluctuations over the past five years, with larceny-theft being the most common. 2018 saw 109 counts, but recent years suggest a downward trend. Burglary and vandalism have shown mixed patterns, though neither is dramatically high. Arson, motor vehicle theft, and crimes involving stolen property and fraud remain relatively low. For potential investors, builders, or residents, understanding these trends could offer valuable insights into... Read more
Property Crime Trends in Lawrence County, MO Over the Last 5 Years
Property crime in Lawrence County, Missouri, has shown some fluctuations over the past five years, with larceny-theft typically being the most common crime. 2018 saw higher numbers with 109 counts, but recent years have displayed a downward trend in this category. Burglary and vandalism have seen mixed patterns, though not dramatically high. Instances of arson, motor vehicle theft, and crimes involving stolen property and fraud are generally low. For potential investors, builders, or residents, understanding these trends could aid in asset protection and gauging community safety.
Demographics
Lawrence County, Missouri shows a slightly larger female than male population and an educational landscape where the most common attainment is a high school diploma or equivalent. The age distribution is fairly balanced, with the largest segment being under 10 years and a notable proportion in the 55 to 64 years bracket. The racial composition is predominantly White, with very small percentages of other races including Black or African American, American Indian and Alaska Native, and Asian.... Read more
Race Distribution in Lawrence County, Missouri (2022)
Educational Attainment in Lawrence County, Missouri (2022)
Age Distribution in Lawrence County, Missouri
Citizen Population in Lawrence County, Missouri (2022)
Political Trends & Data
Lawrence County, Missouri, reflects a significant Republican stronghold, with the 2020 U.S. Presidential Election possibly seeing Republicans getting just over 80% of the votes. Democrats probably lagged considerably, capturing around 18%, while Libertarians might have secured just over 1%. The minimal influence of the Green party and other candidates points to an overwhelmingly two-party landscape, hinting at consistent political leanings and reduced third-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Lawrence County, Missouri, the 2020 U.S. Presidential Election saw a strong leaning toward the Republican party, which likely garnered just over 80% of the votes. Democrats may have fallen significantly behind, capturing around 18%, with Libertarians potentially securing just over 1%. The Green party and other candidates combined appeared to make up a negligible portion of the vote, hinting at a predominantly two-party landscape with minimal third-party influence. This distribution suggests a significant Republican stronghold, with limited competition from other parties.
80.57% of voters voted for the Republican party in the 2020 Presidential Election
17.95% of voters voted for the Democrat party in the 2020 Presidential Election
1.13% of voters voted for the Livertarian party in the 2020 Presidential Election
0.22% of voters voted for the Green party in the 2020 Presidential Election
0.13% of voters voted for the Other party in the 2020 Presidential Election
School Data
Over the past decade, Lawrence County, Missouri has experienced a decline in the student-to-teacher ratio, decreasing from 14 in 2015 to around 12 recently. This favorable ratio, lower than the national average of 14, could indicate more individualized attention for students, potentially making the area more appealing to relocating families. This trend may positively influence property values, which can be attractive to investors and real estate agents and can impact housing demand and pricing... Read more
Student-to-teacher ratio in Lawrence County, Missouri over the last 10 years
Lawrence County, Missouri has seen a decline in the student-to-teacher ratio over the past decade, dropping from 14 in 2015 to around 12 in recent years. This ratio is currently lower than the national average of 14 students per teacher, which may indicate more individualized attention for students. Lower ratios can be a significant draw for families considering relocation and can also positively influence property values, making the area more attractive to investors and real estate agents. Additionally, appraisers and insurance agents might find this data useful as it can impact housing demand and pricing strategies.
