Mississippi County Real Estate and Livability Trends
Mississippi County, Missouri, is showing some intriguing real estate trends with median home values rising from $67,700 in 2015 to $92,600 in 2022. This increase, despite its lag behind state and national averages, could present investment opportunities due to relatively lower entry costs. Taxable income growth hints at economic revitalization, indicating possible appeal for investors.... Read more
Mississippi County Market Trends
Mississippi County, Missouri has experienced notable growth in median home values, jumping from $67,700 in 2015 to $92,600 in 2022. Though still lagging behind state and national averages, this appreciation could hint at investment potential due to lower entry costs. Residential energy tax credits in the area have shown dramatic fluctuations, with a recent upswing to $700.00 in 2021, possibly... Read more
Median Value of Occupied Housing Units in Mississippi County, Missouri Over the Last 8 Years
Over the past eight years, median home values in Mississippi County, Missouri have seen steady appreciation, rising from $67,700 in 2015 to $92,600 in 2022. This local growth, while significant, remains well below the state median values which increased from $138,400 to $199,400 in the same period. Nationally, the median home values have consistently outpaced both county and state levels, reaching $179,400 in 2022. This disparity suggests potential investment opportunities in Mississippi County given the relatively lower entry points, which might appeal to those looking to enter the market. For local residents, the rising home values may signal increasing property equity.
Residential Energy Tax Credit Per Tax Return in Mississippi County, MO Over the Last 6 Years
Mississippi County, Missouri, has seen significant fluctuations in residential energy tax credits over the past six years. After peaking at roughly $533.33 in 2015, the average tax credit per return dipped to its lowest at $285.71 in 2016. Interestingly, the latest figure for 2021 shows a notable increase to $700.00, suggesting renewed investment or policy changes impacting energy-efficient home improvements. This variable trend could be intriguing for investors and homeowners aiming to leverage tax credits for energy upgrades, and it might also signal opportunities for real estate agents and appraisers to highlight energy-efficient features in their listings.
Average Real Estate Taxes Per Tax Return in Mississippi County, MO Over the Last 10 Years
Over the past decade, Mississippi County, Missouri has seen a notable upward trend in average real estate taxes per tax return, starting from $1,332.00 in 2012 and reaching $2,181.82 in 2021. This steady increase, especially the sharp rises observed between 2016 and 2021, could reflect growing property values or changing tax policies in the area. For potential investors and real estate agents, understanding these trends is crucial as they may indicate rising property valuations and shifting cost structures. Homebuyers and appraisers might also need to factor in these increasing tax rates when assessing affordability and long-term financial planning.
Percentage of Farm Returns in Mississippi County, MO Over the Last 10 Years
The percentage of farm returns in Mississippi County, Missouri has fluctuated slightly over the past decade, starting at 3.68% in 2012 and peaking at 4.17% in 2013 before experiencing a gradual decline, hitting a low of 2.59% in 2020. Farm tax returns are essential indicators of agricultural activity and viability in the region. These returns represent the income reported from farming activities, reflecting the economic health of the county's agricultural sector. For investors, potential residents, or developers, understanding these numbers can provide insight into the county's economic stability and growth potential, as well as the trends in the local agricultural landscape.
Number of Mortgages by Occupancy Type in Mississippi County, MO Over the Last 5 Years in Mississippi County
The number of mortgages in Mississippi County, Missouri, for principal residences has shown a steady increase over the past five years, with a notable surge from 301 in 2020 to 393 in 2021. In contrast, investment property mortgages have experienced a slight decline, from 26 in 2018 to 15 in 2022. Mortgages for second residences have remained minimal and stable. These shifts in occupancy type can influence the local housing market, affecting property values and insurance rates, and can signal potential opportunities or risks for real estate investors. The increase in principal residence mortgages suggests a growing or stable population, while the stable low numbers in second residences might indicate limited vacation or short-term residential use. This information is crucial for stakeholders, determining how the market is shifting and where potential growth opportunities might exist.
Economic Outlook
Mississippi County, Missouri, has seen the average taxable income per tax return rise from $41,299.59 in 2017 to $54,639.29 in 2021, hinting at economic revitalization that could attract investors and developers. State and local income taxes have also climbed, from about $5,007.14 in 2012 to roughly $9,930.77 in 2021, reflecting broader economic or legislative changes that might influence investment decisions and cost of living. Fluctuating average total tax liabilities, peaking at $7,775.85 in... Read more
Average Taxable Income per Tax Return in Mississippi County, MO over the last 9 years
Over the past nine years, the average taxable income per tax return in Mississippi County, Missouri, has shown a noticeable fluctuation. Despite some dips, the county saw a significant rise, especially in recent years, with the average taxable income increasing from $41,299.59 in 2017 to $54,639.29 in 2021. This upward trend may suggest a growing economic revitalization, which could potentially attract investors, developers, and new residents looking for emergent opportunities. For insurance agents and appraisers, this increase could mean higher property values and the need for updated assessments.
Average State and Local Income Taxes Per Tax Return in Mississippi County, MO Over the Last 10 Years
Over the last decade, Mississippi County, Missouri has seen a notable increase in average state and local income taxes per tax return, climbing from approximately $5,007.14 in 2012 to about $9,930.77 in 2021. The hike reflects economic changes that could influence decisions to invest, build property, or relocate here. Significant spikes around 2018 and 2021 suggest fluctuations aligning with broader economic or legislative changes, possibly impacting disposable income and overall cost of living. Investors and residents alike might find these trends crucial for financial planning and assessing long-term commitments in the area.
Average Total Tax Liability Per Tax Return in Mississippi County, MO Over the Last 10 Years
Mississippi County, Missouri has seen fluctuating average total tax liabilities per tax return over the last decade, with notable peaks in 2013 and 2021 at $7,775.85 and $8,876.64, respectively. Between these years, the tax burden has varied but generally trended upwards, which could signal strengthening local economic conditions or changing tax policies. This pattern is crucial for potential investors and current residents to monitor, as it impacts disposable income and cost of living, especially for those looking to buy property or considering the county for business investments. Real estate agents and insurance agents might find these trends indicative of broader economic shifts necessary for adjusting their strategies and advice.
Cost of Living in Mississippi County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,014 | $1,379 | $2,576 | $992 | $1,272 |
| 1 adult 4 children | $1,014 | $1,126 | $1,975 | $992 | $1,329 |
| 2 adults 3 children | $1,014 | $1,127 | $2,232 | $992 | $1,006 |
| 1 adult 3 children | $1,014 | $920 | $1,631 | $992 | $1,009 |
| 2 adults 2 children | $746 | $922 | $1,888 | $865 | $818 |
| 1 adult 2 children | $746 | $689 | $1,288 | $865 | $721 |
| 2 adults 1 child | $746 | $729 | $1,545 | $452 | $738 |
| 1 adult 1 child | $746 | $471 | $944 | $452 | $591 |
| 2 adults | $567 | $586 | $1,201 | $0 | $591 |
| 1 adult | $549 | $319 | $601 | $0 | $506 |
Safety trends & Data
Mississippi County, Missouri, has observed some interesting shifts in property crime trends. Burglary incidents peaked in 2021 with 11 cases but then saw some decline. There was also a remarkable drop in larceny-theft, going from 40 cases in 2018 to just 13 cases in 2021, which might suggest improved security or law enforcement efforts. Vandalism spiked in 2020 with 18 cases but didn't remain high. Motor vehicle thefts showed a significant dip, from eight incidents in 2019 to just one in 2020.... Read more
Property Crime Trends in Mississippi County, MO Over the Last 5 Years
Mississippi County, Missouri, has seen fluctuating property crime trends over the past five years. Burglary incidents peaked in 2021 with 11 cases but showed some decline afterward. Larceny-theft significantly dropped from 40 cases in 2018 to just 13 cases in 2021, indicating potential improvements in security or law enforcement. Vandalism was at its highest in 2020 with 18 cases, suggesting a temporary spike in property damage-related crimes during that year. Motor vehicle thefts also saw a notable decrease, especially evident from eight incidents in 2019 down to a single case in 2020. Trends like these could influence insurance rates, property values, and investor confidence in the county.
Demographics
Mississippi County in Missouri shows a fairly balanced gender distribution among adults, with a slight male majority. When it comes to educational attainment, the bulk of the population seems to hold a high school diploma or some college experience, while fewer have pursued higher education degrees. The age distribution is spread out, with noticeable populations in both younger and older age groups, but peaks in the 25 to 54 years range might suggest a working-age demographic. Racially, the... Read more
Race Distribution in Mississippi County, Missouri (2022)
Educational Attainment in Mississippi County, Missouri (2022)
Age Distribution in Mississippi County, Missouri
Citizen Population in Mississippi County, Missouri (2022)
Political Trends & Data
Mississippi County, Missouri, showed a significant Republican preference in the 2020 U.S. Presidential Election, with approximately 74% of the votes potentially going to GOP candidates. Democrats managed to secure around 25%, and third-party candidates received less than 1%. This data hints at a robust conservative leaning, which could influence local policy decisions, economic development, and potentially affect real estate market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Mississippi County in Missouri leaned heavily Republican in the 2020 U.S. Presidential Election, with an estimated 74% of votes. Democrats garnered around 25%, while third-party candidates such as Libertarians and Greens received less than 1%. This distribution suggests a strong conservative preference among voters in this region.
74.37% of voters voted for the Republican party in the 2020 Presidential Election
24.77% of voters voted for the Democrat party in the 2020 Presidential Election
0.63% of voters voted for the Livertarian party in the 2020 Presidential Election
0.15% of voters voted for the Green party in the 2020 Presidential Election
0.08% of voters voted for the Other party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Mississippi County, Missouri has decreased from 14 in 2014 to just under 13 recently, suggesting a trend toward smaller class sizes and potentially more personalized education. This could appeal to families seeking individualized instruction, which might lead to increased property demand. Education-focused investors, real estate agents, and insurance providers might find this trend noteworthy, as it could influence property values and market dynamics in the... Read more
Student-to-teacher ratio in Mississippi County, Missouri over the last 10 years
The student-to-teacher ratio in Mississippi County, Missouri has seen a gradual decrease over the last decade, moving from 14 in 2014 to just under 13 more recently. This trend indicates smaller class sizes, which could correlate with more personalized attention for students and potentially higher educational outcomes. With the current national average standing at about 14 students per teacher, Mississippi County's lower ratios might appeal to families prioritizing more individualized instruction. For education-oriented investors, real estate agents, or even insurance agents, such favorable ratios might enhance the area's appeal, potentially boosting property values and influencing market dynamics.
