Linn County Real Estate and Livability Trends
In Linn County, Missouri, the average taxable income per tax return has risen from $41,742.13 in 2013 to $53,791.94 in 2021, signaling an economically invigorated area potentially attractive to real estate investors. Median home values have jumped from $75,900 in 2015 to $107,600 in 2022, still below the state and national medians, offering affordability with growth prospects. Noteworthy declines... Read more
Linn County Market Trends
Linn County, Missouri's median home values have experienced a notable upward trend, increasing from $75,900 in 2015 to $107,600 in 2022. However, this remains significantly below Missouri's $199,400 median and the U.S. median of $179,400, possibly highlighting an opportunity for investors seeking affordability with growth potential. Residential energy tax credits per return showed a peak in 2019... Read more
Median Value of Occupied Housing Units in Linn County, Missouri Over the Last 8 Years
Linn County, Missouri saw a steady climb in median home values from $75,900 in 2015 to $107,600 in 2022, with an especially sharp increase between 2021 and 2022. Despite this growth, Linn County's 2022 median value lags behind both the state of Missouri's median of $199,400 and the United States' median of $179,400. This contrast may present a unique opportunity for investors and potential homebuyers to find relatively affordable property in the county, while still benefiting from the upward trend in home values.
Residential Energy Tax Credit Per Tax Return in Linn County, MO Over the Last 8 Years
Linn County, Missouri has seen a fluctuating trend in average residential energy tax credits per tax return over the past eight years. Notably, there was a peak in 2019 at $1,475.00, suggesting a possible surge in energy-efficient home investments or renovations. Despite some volatility, such as the dip in 2016 to $325.00, the overall upward movement implies growing interest or incentives in energy-saving measures, making it a potentially attractive spot for environmentally-conscious investors or homeowners.
Average Real Estate Taxes Per Tax Return in Linn County, MO Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Linn County, Missouri have generally seen an upward trend with notable fluctuations. Starting at approximately $1424.66 in 2012 and peaking at around $2400.00 in 2020, there's been a clear escalation that suggests rising property values or changes in taxation policies. The peak years of 2018 and 2020, with rates at about $2216.67 and $2400.00 respectively, were followed by a surprising dip in 2021 to $1912.50. This variability can impact planning for investors, home buyers, and real estate professionals, as they need to account for potential future shifts in tax obligations.
Percentage of Farm Returns in Linn County, MO Over the Last 10 Years
The farm tax returns in Linn County, Missouri, have oscillated slightly over the last decade but generally stayed within a narrow range, hovering roughly between 12.75% to 14.10%. The highest recorded value was 14.10% in 2012, while the lowest was 12.75% in 2019. These figures might suggest a relatively stable agricultural economy, indicating potential consistency for those considering investments in farmland or agricultural businesses in the area. For those looking to build property or move here, understanding that agriculture remains a significant but stable part of the economy might help in making informed decisions.
Number of Mortgages by Occupancy Type in Linn County, MO Over the Last 5 Years in Linn County
Over the past five years, Linn County, Missouri has seen some fluctuations in the types of real estate occupancy. Principal residences consistently dominate the mortgage counts, peaking at 378 mortgages in both 2020 and 2021. Investment properties have varied but generally stayed below 40 mortgages annually, whereas second residences have had minimal activity, rarely surpassing 10 mortgages a year. Understanding these shifts in occupancy type can give a nuanced view of market demand and potential investment opportunities. It hints at a strong preference for primary residential real estate, which might signal stability for investors and builders, but it also suggests limited market movement in vacation homes and rental properties. For real estate agents, appraisers, and insurance agents, this data is crucial for crafting accurate market assessments and risk profiles.
Economic Outlook
In Linn County, Missouri, the average taxable income per tax return has risen from $41,742.13 in 2013 to $53,791.94 in 2021, hinting at a bolstering local economy that might attract real estate investors and developers. Meanwhile, state and local income taxes per tax return have fluctuated, reaching a peak of $7,936.36 in 2019 before settling at $6,600.00 by 2021. This variability could reflect shifting economic conditions or policy changes, relevant for those assessing fiscal stability.... Read more
Average Taxable Income per Tax Return in Linn County, MO over the last 9 years
Linn County, Missouri has shown a generally upward trend in average taxable income per tax return over the past nine years. Starting from $41,742.13 in 2013, it rose to a notable $53,791.94 in 2021. Despite minor fluctuations, the steady increase suggests a potential strengthening of the local economy. This could be appealing for real estate investors, developers, and insurance agents looking to capitalize on a stable economic environment. Homebuyers and appraisers might also find this trend encouraging in terms of long-term property value.
Average State and Local Income Taxes Per Tax Return in Linn County, MO Over the Last 10 Years
In the last decade, Linn County, Missouri has seen a fluctuating trend in average state and local income taxes per tax return. Starting at $5,476.81 in 2012, there was a notable spike, reaching $7,200.00 in 2018 and peaking at $7,936.36 in 2019. However, this trend also reflects variability, with some years like 2015 showing a significant increase to $6,031.34, and a decline to $6,600.00 by 2021. This variability in tax amounts could suggest changing economic conditions or policy impacts, which may be relevant for potential investors or residents evaluating the area's fiscal environment.
Average Total Tax Liability Per Tax Return in Linn County, MO Over the Last 10 Years
Over the past decade in Linn County, Missouri, the average total tax liability per tax return has shown fluctuations but with an overall upward trajectory, recently reaching a high of $7,842.86 in 2021. This notable increase, especially since 2020, may suggest rising incomes or changes in tax regulations affecting the area. Such trends will likely interest real estate investors, developers, and new residents seeking insights into the county's financial climate and potential shifts in living costs.
Cost of Living in Linn County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $908 | $1,387 | $2,501 | $809 | $1,157 |
| 1 adult 4 children | $908 | $1,133 | $1,918 | $809 | $1,203 |
| 2 adults 3 children | $908 | $1,133 | $2,168 | $809 | $903 |
| 1 adult 3 children | $908 | $925 | $1,584 | $809 | $891 |
| 2 adults 2 children | $746 | $928 | $1,835 | $688 | $779 |
| 1 adult 2 children | $746 | $693 | $1,251 | $688 | $680 |
| 2 adults 1 child | $746 | $733 | $1,501 | $296 | $709 |
| 1 adult 1 child | $746 | $474 | $917 | $296 | $571 |
| 2 adults | $567 | $589 | $1,168 | $0 | $608 |
| 1 adult | $549 | $321 | $584 | $0 | $534 |
Safety trends & Data
Linn County, Missouri's property crime trends have shown noteworthy fluctuations, with burglary incidents dropping from 14 in 2019 to just 2 by 2021. Larceny-theft, once the most common crime, also decreased dramatically from 22 in 2018 to 4 in 2021. Though vandalism spiked to 17 cases in 2020, it quickly fell to 2 by 2021. These changes could signal shifts in law enforcement strategies or community efforts, impacting the perceived risk for property crimes, and are therefore crucial for... Read more
Property Crime Trends in Linn County, MO Over the Last 5 Years
Linn County has seen fluctuation in property crime over the past five years, with a noticeable decline in most categories from 2021 onwards. For instance, burglary incidents peaked in 2019 at 14 but dropped significantly to just 2 by 2021. Larceny-theft, the most prevalent crime, also saw a steep decrease from 22 in 2018 to 4 in 2021. Interestingly, vandalism surged to 17 cases in 2020 before falling to 2 by 2021, indicating potential shifts in law enforcement or community activities. This trend is important for investors, real estate agents, insurance agents, and residents as it may reflect a changing risk landscape for property crimes in this Missouri county.
Demographics
Linn County, Missouri exhibits a slightly higher population of females compared to males with a relatively balanced adult demographic. The county's educational attainment shows a significant concentration of individuals holding high school diplomas, though a notable segment lacks a diploma beyond 9th grade. Age distribution indicates a substantial proportion of residents are either in their late working years or late adulthood, potentially impacting social services and workforce dynamics. The... Read more
Race Distribution in Linn County, Missouri (2022)
Educational Attainment in Linn County, Missouri (2022)
Age Distribution in Linn County, Missouri
Citizen Population in Linn County, Missouri (2022)
Political Trends & Data
Linn County, Missouri leaned heavily Republican in the 2020 Presidential election, with nearly 76% of votes potentially going to the Republican candidate. Democratic support appears to be significantly lower at around 22%, while third-party presence, including Libertarian and Green votes, seems minimal with each capturing less than 2% combined. This distribution might suggest a strong conservative base in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Linn County, Missouri leaned heavily Republican in the 2020 Presidential election, with nearly 76% of votes potentially going to the Republican candidate. Democratic support appears to be significantly lower at around 22%, while third-party presence, including Libertarian and Green votes, seems minimal with each capturing less than 2% combined. This distribution might suggest a strong conservative base in the county.
76.20% of voters voted for the Republican party in the 2020 Presidential Election
22.27% of voters voted for the Democrat party in the 2020 Presidential Election
1.21% of voters voted for the Livertarian party in the 2020 Presidential Election
0.30% of voters voted for the Green party in the 2020 Presidential Election
0.03% of voters voted for the Other party in the 2020 Presidential Election
School Data
Linn County, Missouri, has experienced a decline in its student-to-teacher ratio over the past decade, dropping from 12 students per teacher in 2014 to around 10 in 2023. This is lower than the current U.S. national average of 14 students per teacher, suggesting smaller classes and possibly more personalized attention for students. For real estate investors, prospective residents, and those in educational roles, this trend could signal a supportive educational environment, potentially... Read more
Student-to-teacher ratio in Linn County, Missouri over the last 10 years
Over the past decade, Linn County, Missouri, has seen a generally declining trend in its student-to-teacher ratio, from 12 students per teacher in 2014 to around 10 in 2023. This ratio consistently falls below the current U.S. national average of 14 students per teacher, potentially indicating smaller class sizes and more personalized attention for students. For those considering investment, moving to the area, or working in educational fields, this might suggest a more supportive educational environment, which can be an attractive feature for young families and educators alike. These ratios can also influence property values and local real estate markets, making it an important factor for appraisers, insurance agents, and real estate agents to consider.
