Lewis County Real Estate and Livability Trends
Lewis County, Missouri has seen a jump in average taxable income per tax return from $42,065.00 in 2013 to $57,035.94 in 2021, suggesting economic improvements that could attract new investment. Housing affordability stands out with median home values at $104,500 in 2022, significantly lower than state and national averages, offering appealing opportunities for budget-conscious buyers. The... Read more
Lewis County Market Trends
In Lewis County, Missouri, housing affordability stands out with median home values at $104,500 in 2022, notably lower than both the state ($199,400) and national averages ($179,400). This affordability coupled with a steady rise in home values makes the area appealing for budget-conscious buyers and investors seeking appreciating assets. Real estate taxes have fluctuated, with significant peaks... Read more
Median Value of Occupied Housing Units in Lewis County, Missouri Over the Last 8 Years
In Lewis County, Missouri, over the last 8 years, median home values have seen a strong upward trend, culminating at $104,500 in 2022. Compared to the state-wide figure of $199,400 and the national average of $179,400, homes in Lewis County are significantly more affordable, which could make the area appealing for budget-conscious buyers. The steady increase, especially the jump from 2021 to 2022, indicates a growing market that may interest investors looking for appreciating assets.
Residential Energy Tax Credit Per Tax Return in Lewis County, MO Over the Last 7 Years
Lewis County, Missouri, has seen considerable fluctuations in the average residential energy tax credit per tax return over the past seven years. Notably, there were significant spikes in 2014 ($950.00) and 2019 ($1875.00), possibly tied to shifts in energy policy or incentives aimed at boosting residential energy efficiency. However, the credit amount hasn't been consistent, with years like 2015 ($350.00) and 2021 ($944.44) marking notable variances. For prospective investors and homeowners, these peaks suggest periods of potential increased investment in energy-efficient upgrades, impacting property values and energy costs. For insurance agents and appraisers, understanding these trends can be critical in accurately assessing the value and risk of properties in Lewis County.
Average Real Estate Taxes Per Tax Return in Lewis County, MO Over the Last 10 Years
Lewis County, Missouri has experienced significant fluctuations in real estate taxes over the past decade. From a low of around $1,178.38 in 2015, taxes rose sharply to peak at $2,185.71 in 2018, suggesting a period of steep valuation increases. Although there was a decrease in 2019 to $1,633.33, the trend generally ticked upward, reaching $1,950.00 in 2021. This variability could attract or deter potential investors and homebuyers depending on their risk tolerance, while providing crucial insights for insurance agents, appraisers, and real estate agents assessing property values in the area.
Percentage of Farm Returns in Lewis County, MO Over the Last 10 Years
In the last decade, the percentage of farm tax returns filed in Lewis County, Missouri, has seen slight fluctuations, with values hovering around 12% to 13%. This indicates a relatively stable agricultural activity, but the trend slightly dipped below 12% after 2018. For potential investors, property developers, or anyone considering a move to this location, these tax return percentages may suggest minor variances in farm income and possibly farmer retention. Keeping an eye on these figures can help gauge economic health and property value trends related to agriculture in the county.
Number of Mortgages by Occupancy Type in Lewis County, MO Over the Last 5 Years in Lewis County
In Lewis County, Missouri, the number of mortgages for principal residences has generally increased over the last five years, hitting a peak in 2021 with 243 mortgages. In contrast, investment property mortgages show a slight decline or stabilization, ranging between 7 to 13 mortgages annually. Second residence mortgages remain relatively low, rarely surpassing three per year. Changes in occupancy type might indicate shifts in local economic conditions or housing demand. For investors, the low and steady number of investment mortgages could signal limited competitive opportunities, while buyers might see increased principal residence demand reflecting a stable or growing community. Real estate agents and appraisers would benefit from this to tailor their services, and builders might consider focusing on developments for principal residences. For insurance agents, these trends could affect premiums and risk assessments.
Economic Outlook
Lewis County, Missouri has seen a steady rise in average taxable income per tax return, jumping from $42,065.00 in 2013 to $57,035.94 in 2021. This trend suggests an improving economic environment, potentially attracting new investments and developments. The uptick since 2017 signals robust growth, catching the eye of stakeholders like real estate agents and property developers. Despite some fluctuations, average state and local income taxes have also increased, peaking at $7,550.00 in 2021.... Read more
Average Taxable Income per Tax Return in Lewis County, MO over the last 9 years
Lewis County, Missouri has seen a steady rise in average taxable income per tax return over the last nine years, jumping from $42,065.00 in 2013 to $57,035.94 in 2021. This trend may indicate an improving economic environment and potentially increased disposable incomes for residents, which could attract new investments and development in the area. The noticeable uptick, particularly from 2017 onward, suggests a robust growth period that stakeholders like real estate agents, investors, and property developers might find appealing.
Average State and Local Income Taxes Per Tax Return in Lewis County, MO Over the Last 10 Years
Over the past decade, Lewis County, Missouri has seen noticeable fluctuations in average state and local income taxes per tax return. Starting at approximately $5,035.56 in 2012, taxes saw some variability before a significant increase around 2018, peaking at $7,550.00 in 2021. Such patterns may suggest that economic conditions or policy changes have impacted residents' tax burdens, an important consideration for potential investors, property developers, and those contemplating moving to or doing business in the area.
Average Total Tax Liability Per Tax Return in Lewis County, MO Over the Last 10 Years
Over the past decade, Lewis County, Missouri, has seen moderate fluctuations in average total tax liability per tax return, with a notable trend towards a gradual increase. Starting at $5,634.81 in 2012, the tax liability slightly dipped and peaked sporadically, reaching $7,270.25 in 2021. This upward trend suggests potential rising incomes or shifts in tax policy, which could be significant for investors, property developers, and real estate agents considering the area. Understanding these tax liabilities can also help residents and insurance agents evaluate financial commitments and investment potentials.
Cost of Living in Lewis County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $931 | $1,472 | $2,807 | $849 | $1,365 |
| 1 adult 4 children | $931 | $1,202 | $2,153 | $849 | $1,409 |
| 2 adults 3 children | $931 | $1,202 | $2,432 | $849 | $1,076 |
| 1 adult 3 children | $931 | $982 | $1,778 | $849 | $1,092 |
| 2 adults 2 children | $746 | $984 | $2,057 | $725 | $907 |
| 1 adult 2 children | $746 | $735 | $1,403 | $725 | $790 |
| 2 adults 1 child | $746 | $778 | $1,682 | $323 | $797 |
| 1 adult 1 child | $746 | $502 | $1,028 | $323 | $632 |
| 2 adults | $567 | $625 | $1,307 | $0 | $670 |
| 1 adult | $503 | $341 | $653 | $0 | $548 |
Safety trends & Data
Over the past five years, Lewis County, Missouri has seen noticeable fluctuations in property crime trends. Larceny-theft cases notably dropped from 13.0 in 2018 to just 3.0 in 2021 before rising to 8.0 in 2022. Burglary incidents peaked at 7.0 in 2018 and then steadily declined to 2.0 by 2022. Vandalism cases also varied, starting at 6.0 in 2018 and dropping to 1.0 in both 2019 and 2022. These shifts may reflect changing socioeconomic factors or effective law enforcement, making them essential... Read more
Property Crime Trends in Lewis County, MO Over the Last 5 Years
Over the past five years, Lewis County, Missouri has seen varying trends in property crimes. Notably, there was a significant drop in larceny-theft cases from 13.0 in 2018 to just 3.0 in 2021 before rising again to 8.0 in 2022. Burglary incidents also varied, peaking at 7.0 in 2018 and decreasing steadily to 2.0 by 2022. Vandalism followed a similar pattern, with 6.0 cases in 2018 but dropping to 1.0 in both 2019 and 2022. These fluctuations could indicate evolving crime dynamics in the area, possibly impacted by socioeconomic factors or law enforcement effectiveness, and are crucial for prospective investors, real estate agents, and residents to consider.
Demographics
In Lewis County, Missouri, the gender distribution is relatively balanced, with a slight tilt towards females. Educational attainment reveals a significant portion of residents having completed high school but fewer reaching higher education tiers. Age distribution suggests a considerable population in the 25 to 64 years range, hinting at a mature workforce. The racial makeup is predominantly White, with other racial groups making up a small portion of the population. These trends could impact... Read more
Race Distribution in Lewis County, Missouri (2022)
Educational Attainment in Lewis County, Missouri (2022)
Age Distribution in Lewis County, Missouri
Citizen Population in Lewis County, Missouri (2022)
Political Trends & Data
Lewis County, Missouri, manifested a pronounced Republican preference during the 2020 U.S. Presidential Election, with over 77% of votes potentially tilting Republican and just above 21% for Democrats. The minimal vote share for Libertarian, Green, and other parties, likely under 2%, hints at a distinctly polarized local political climate. Such trends may reveal both regional patterns and local influences bolstering GOP... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Lewis County, Missouri, showed a strong leaning towards the Republican party, with potential indications of over 77% of the votes in the 2020 U.S. Presidential Election favoring Republican candidates. The Democratic party garnered a little over 21%, suggesting a significant gap between the two major parties. The Libertarian and Green parties, along with other smaller affiliations, collectively might have attracted under 2% of the vote, implying limited influence within this county. This could reflect broader regional political dynamics or specific local factors driving GOP support.
77.09% of voters voted for the Republican party in the 2020 Presidential Election
21.35% of voters voted for the Democrat party in the 2020 Presidential Election
1.32% of voters voted for the Livertarian party in the 2020 Presidential Election
0.13% of voters voted for the Green party in the 2020 Presidential Election
0.11% of voters voted for the Other party in the 2020 Presidential Election
School Data
Lewis County, Missouri has seen its student-to-teacher ratio drop from around 13 in 2014 to approximately 12 in 2023, staying below the national average of 14. This trend toward smaller class sizes could appeal to potential residents looking for more personalized education options. For investors and real estate agents, this might signal an improving quality of education, potentially affecting property values and community attractiveness. Appraisers and insurance agents might factor in these... Read more
Student-to-teacher ratio in Lewis County, Missouri over the last 10 years
Lewis County, Missouri has seen a gradual decline in the student-to-teacher ratio over the past decade, dropping from around thirteen students per teacher in 2014 to approximately twelve students per teacher in 2023. Although these numbers remain below the national average of 14 students per teacher, this trend may suggest smaller class sizes, which could appeal to potential residents seeking more individualized attention for their children. For investors, real estate agents, or those looking to build property, this ratio might indicate a stable or improving quality of education, possibly affecting property values and community attractiveness. Appraisers and insurance agents could consider these education metrics when evaluating the overall desirability of the county.
