Miller County Real Estate and Livability Trends
Miller County, Missouri's real estate market has shown intriguing trends. Median home values have climbed to $164,900 in 2022, although they are still below the state's median of $199,400, indicating more accessible entry points for investors. Real estate taxes rose to $3,214.29 in 2021, in line with increased property values, suggesting better local services. Interestingly, principal residences... Read more
Miller County Market Trends
In Miller County, Missouri, median home values have seen strong growth, peaking at $164,900 in 2022 but still under Missouri’s state median of $199,400. For potential investors, this represents an appealing opportunity with lower entry costs. Energy tax credits have shown variability, with peaks of up to $1,858.33, making energy-efficient upgrades potentially advantageous. Real estate taxes... Read more
Median Value of Occupied Housing Units in Miller County, Missouri Over the Last 8 Years
In Miller County, Missouri, median home values have steadily increased over the past 8 years, peaking at $164,900 in 2022, a significant jump from $120,800 in 2015. This growth, while robust, still trails behind Missouri's state median of $199,400 and the national median of $179,400 for the same year. Lower entry points and consistent upward trends may make Miller County appealing for those looking to capitalize on real estate investments without the higher upfront costs seen in broader state and national markets.
Residential Energy Tax Credit Per Tax Return in Miller County, MO Over the Last 9 Years
Over the last nine years, the average residential energy tax credit per tax return in Miller County, Missouri has shown significant fluctuation. Notable peaks occurred in 2018 and 2020, reaching as high as $1,850.00 and $1,858.33, respectively. Potential homeowners or investors might find these credits an appealing incentive for energy-efficient upgrades. Conversely, the variability can impact tax planning and financial forecasting for residents and real estate professionals.
Average Real Estate Taxes Per Tax Return in Miller County, MO Over the Last 10 Years
Over the last decade, Miller County, Missouri, has seen a significant increase in average real estate taxes per tax return. From $1,568.87 in 2012, taxes have risen to $3,214.29 in 2021, marking a notable jump, particularly from 2018 onwards. This upward trend suggests rising property values and possibly increased spending on county services, which might interest investors, real estate agents, and potential residents. However, this also means higher costs for homeowners, which could influence appraisals and insurance rates.
Percentage of Farm Returns in Miller County, MO Over the Last 10 Years
The percentage of farm returns in Miller County, Missouri, has shown slight fluctuations over the last decade, with percentages generally hovering around 10%. In 2012, the percentage was approximately 10.25%, experiencing a slight increase to around 10.58% in 2013 and minor dips and rises in the subsequent years. Recent data indicates a slight downward trend, with percentages around 9.77% in 2021. These variations can provide insights for investors and property developers about the agricultural viability and economic conditions of the county. Farm tax returns reflect the financial reporting by farm owners, crucial for understanding local agricultural trends and economic health. Consistent tax return percentages can hint at steady agricultural activity, vital for prospective investments. Understanding these returns can aid in gauging the profitability and sustainability of farming ventures in the area.
Number of Mortgages by Occupancy Type in Miller County, MO Over the Last 5 Years in Miller County
Over the last five years, Miller County, Missouri has seen a noticeable fluctuation in mortgage counts, particularly with principal residences consistently dominating the market, followed by significant but varying levels of second residences and investment properties. This variation in occupancy type is crucial for investors, since a higher percentage of principal residences indicates a stable, appealing environment for long-term residents, potentially driving up property values. For insurance agents and appraisers, understanding these trends assists in risk assessment and accurate valuations. Real estate agents and builders can tailor their strategies according to the prevalent demand, whether it’s catering to family homes, vacation properties, or rental investments. Such insights reveal underlying market health and future potential, key factors for anyone considering any form of commitment to the area.
Economic Outlook
Miller County, Missouri has seen its average taxable income per tax return grow from $36,883.40 in 2013 to $52,517.67 in 2021, with notable increases especially in 2018 and 2021. This trend could suggest better economic conditions and greater investment potential. The county's state and local income taxes per tax return spiked most notably between 2017 and 2018, jumping from $4,896.27 to $9,476.92, though they remain elevated at $8,170.37 in 2021. These tax changes might affect residents' and... Read more
Average Taxable Income per Tax Return in Miller County, MO over the last 9 years
Miller County, Missouri has experienced a notable upward trend in average taxable income per tax return over the past nine years, reflecting a general increase in individual earnings. From $36,883.40 in 2013, the average taxable income has grown to $52,517.67 in 2021, with significant jumps observed particularly in 2018 and 2021. This upward trend could indicate improving economic conditions and potential for higher investments in the region, making it an attractive area for investors, real estate agents, and insurance agents focused on emerging markets. Additionally, the growth suggests a potentially stronger local economy, making it appealing for both existing and prospective residents.
Average State and Local Income Taxes Per Tax Return in Miller County, MO Over the Last 10 Years
Miller County, Missouri has seen some fluctuations in average state and local income taxes per tax return over the last decade. The most notable spike occurred between 2017 and 2018, surging from approximately $4,896.27 to $9,476.92, which could hint at legislative changes or shifts in local economic conditions. Despite hitting a peak, taxes have slightly tapered off but remain higher than earlier years, sitting at around $8,170.37 in 2021. This trend may indicate a more significant tax burden on residents and investors, which could affect decisions related to moving, property investments, or business plans in the area.
Average Total Tax Liability Per Tax Return in Miller County, MO Over the Last 10 Years
Miller County, Missouri has seen notable fluctuations in average total tax liability per tax return over the last decade. After a slight dip around 2013, the liability began to increase steadily, hitting higher peaks like $7,200.59 in 2021. This upward trend, particularly the steep rises after 2017, could influence decision-making for potential investors, real estate agents, and existing residents by signaling economic shifts or changes in fiscal policies. The jump from $5,579.28 in 2017 to $6,491.90 in 2018 is particularly sharp and warrants attention for its impact on financial planning and property investments.
Cost of Living in Miller County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $991 | $1,605 | $2,499 | $934 | $1,360 |
| 1 adult 4 children | $991 | $1,310 | $1,915 | $934 | $1,419 |
| 2 adults 3 children | $991 | $1,311 | $2,166 | $934 | $1,075 |
| 1 adult 3 children | $991 | $1,070 | $1,582 | $934 | $1,081 |
| 2 adults 2 children | $814 | $1,073 | $1,833 | $809 | $895 |
| 1 adult 2 children | $814 | $802 | $1,249 | $809 | $815 |
| 2 adults 1 child | $814 | $848 | $1,500 | $401 | $809 |
| 1 adult 1 child | $814 | $548 | $916 | $401 | $656 |
| 2 adults | $696 | $681 | $1,167 | $0 | $692 |
| 1 adult | $599 | $372 | $583 | $0 | $573 |
Safety trends & Data
Miller County, Missouri has experienced fluctuating property crime rates over the last five years, with burglary and larceny-theft incidents showing notable peaks. Burglary arrests spiked to 12 cases in 2020, while larceny-theft reached a high of 14 arrests in 2019 and remained relatively high overall. Motor vehicle theft has doubled from 2018 to 2022, indicating a rising trend. Vandalism, although consistent, has relatively low numbers. These crime patterns are essential considerations for... Read more
Property Crime Trends in Miller County, MO Over the Last 5 Years
Miller County, Missouri has seen fluctuating levels of property crime over the last five years, with noticeable spikes in burglary and larceny-theft incidents. Burglary arrests peaked in 2020 with 12 cases, while larceny-theft varied but remained relatively high throughout the period, reaching a maximum of 14 arrests in 2019. Motor vehicle theft has also shown a gradual increase, doubling from 2018 to 2022. While some crime types such as fraud and embezzlement have minimal occurrences, vandalism consistently contributes to the property crime landscape, even though its numbers are relatively low. These trends are crucial for potential investors, residents, and real estate and insurance professionals to consider when evaluating the area's safety and risk factors.
Demographics
Miller County, Missouri, shows a fairly balanced distribution between males and females in its adult population. Predominantly, the population is White, with very minimal representation from other racial groups. Education levels reveal a significant portion of residents achieving at least a high school diploma, and a notable fraction pursuing higher education degrees. Age-wise, the population skews towards older adults, with a sizable number over 55, potentially reflecting an aging community.... Read more
Race Distribution in Miller County, Missouri (2022)
Educational Attainment in Miller County, Missouri (2022)
Age Distribution in Miller County, Missouri
Citizen Population in Miller County, Missouri (2022)
Political Trends & Data
Miller County, Missouri, showed a strong lean towards the Republican party in the 2020 U.S. Presidential Election, with around 82% of the vote possibly favoring the GOP. Around 16.5% potentially went to Democrats, while minority parties like the Libertarian and Green collectively attracted less than 2%. This robust Republican preference might reflect broader political trends in Missouri, providing valuable insight into voter behavior within the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Miller County, Missouri, exhibited a significant tilt towards the Republican party in the 2020 U.S. Presidential Election, with over 82% of the vote potentially favoring this party. Democrats received a notably lower share, with approximately 16.5% of the votes. Minority parties, such as the Libertarian, Green, and other categories, garnered minimal support, collectively making up less than 2% of the vote. This strong Republican preference may reflect regional political attitudes and could be critical for understanding electoral dynamics in Missouri.
82.18% of voters voted for the Republican party in the 2020 Presidential Election
16.46% of voters voted for the Democrat party in the 2020 Presidential Election
1.07% of voters voted for the Livertarian party in the 2020 Presidential Election
0.17% 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
Miller County, Missouri has maintained student-to-teacher ratios below the national average of 14 students per teacher. With figures starting at 11 in 2014 and increasing to around 12 in 2023, the county's smaller class sizes could be attractive to families seeking personalized education. This factor might influence property values and investment opportunities, suggesting potential growth areas in community planning and... Read more
Student-to-teacher ratio in Miller County, Missouri over the last 10 years
Over the last decade, Miller County, Missouri has consistently seen student-to-teacher ratios below the national average of 14 students per teacher. Starting from 11 in 2014 and gradually increasing to approximately 12 in 2023, these ratios suggest smaller class sizes compared to broader trends. This could be appealing for families prioritizing personalized education and might influence property values and investment opportunities in the area. For those in real estate or considering moving, the relatively low student-to-teacher ratio is often indicative of more individualized attention, which could be a compelling factor in community planning and development strategies.
