Monroe County Real Estate and Livability Trends
Monroe County, Missouri has seen a steady rise in average taxable income per tax return, indicating a possibly improving economic landscape. Median home values in the county have climbed notably from $90,800 in 2015 to $136,600 in 2022, indicating potential affordability and investment appeal. Real estate taxes have also risen, likely reflecting property market appreciation, jumping from... Read more
Monroe County Market Trends
Over the past eight years, Monroe County, Missouri has experienced a notable rise in median home values, from $90,800 in 2015 to $136,600 in 2022, presenting an intriguing contrast to state and national figures. Although this local growth is relatively moderate, it offers potential affordability and investment appeal. Variability in residential energy tax credits, peaking at $1,425.00 in 2019,... Read more
Median Value of Occupied Housing Units in Monroe County, Missouri Over the Last 8 Years
Over the past 8 years, median home values in Monroe County, Missouri have seen a striking upward trend, increasing from $90,800 in 2015 to $136,600 in 2022. This local growth, while impressive, still lags behind both state and national averages, where Missouri saw a jump from $138,400 to $199,400, and the national median rose from $125,500 to $179,400 in the same period. This relative affordability could make Monroe County an attractive option for those looking to invest in property or move to a less-expensive area while still enjoying considerable property value appreciation.
Residential Energy Tax Credit Per Tax Return in Monroe County, MO Over the Last 8 Years
Over the past eight years in Monroe County, Missouri, the average residential energy tax credit per tax return has shown significant year-to-year variation. Values ranged from $375.00 in 2017 to peaking at $1425.00 in 2019. Such variability could suggest fluctuations in energy-efficient investments or changes in tax credit policies. For potential investors or those looking to build property, this indicates an unpredictability in tax incentives which might affect financial planning. This dynamic trend might be of particular interest to appraisers and real estate agents for assessing value changes tied to energy-efficient improvements. Insurance agents may also want to consider these factors when evaluating property value risk profiles.
Average Real Estate Taxes Per Tax Return in Monroe County, MO Over the Last 10 Years
Over the past decade, Monroe County, Missouri has seen a notable rise in average real estate taxes per tax return, increasing from approximately $1,276.00 in 2012 to $2,314.29 in 2021. This steady upward trend could be relevant to potential investors and homebuyers, as it might indicate an appreciating property market. This increase could also impact appraisers and insurance agents, potentially leading to higher property values and associated insurance costs. Real estate agents and those considering building property in the area should take this trend into account when evaluating market dynamics and long-term investments in Monroe County.
Percentage of Farm Returns in Monroe County, MO Over the Last 10 Years
Over the past decade, Monroe County, Missouri has exhibited some fluctuation in the percentage of farm tax returns filed. From a high of 17.94% in 2012, the percentage steadily declined to 15.54% in 2019, with a slight recovery to 15.86% by 2021. Farm tax returns, which reflect the income reporting by local agricultural businesses, serve as a crucial economic indicator for the area. These trends might hint at underlying shifts in the county's agricultural sector, potentially affecting local investment opportunities, property values, and business activities.
Number of Mortgages by Occupancy Type in Monroe County, MO Over the Last 5 Years in Monroe County
Over the past five years in Monroe County, Missouri, there's been a noticeable rise in mortgages for principal residences, while figures for investment properties and second residences have seen less pronounced fluctuations. Investors might see stability in investment property mortgages, which peaked briefly in 2021 before returning to previous levels. Home appraisers and insurance agents should take note of the surge in principal residence mortgages, peaking at 305 in 2020, indicating robust primary homeownership trends. Builders and real estate agents can leverage this uptick for new residential projects, catering to an apparent growing demand for homeownership in the area.
Economic Outlook
Monroe County, Missouri has seen a steady rise in average taxable income per tax return, jumping from $41,415.63 in 2013 to $53,938.21 in 2021, highlighting a potentially improving economic landscape. Over the last decade, state and local income taxes have fluctuated, peaking at $7,880.00 in 2020, possibly reflecting changes in government policies or local economic conditions. The average total tax liability per tax return also shows a generally increasing trend, ending at around $7,036.49 in... Read more
Average Taxable Income per Tax Return in Monroe County, MO over the last 9 years
Monroe County, Missouri has experienced a steady rise in average taxable income per tax return over the past nine years, with figures moving from $41,415.63 in 2013 to $53,938.21 in 2021. This incremental growth suggests a gradually improving economic situation which could pique the interest of potential investors and property developers. The consistent increase in taxable income might indicate a thriving local economy and rising affluence, valuable insights for appraisers, insurance agents, and real estate professionals. For those considering a move to Monroe County or already living there, these trends point toward a potentially healthier economic landscape and opportunities for upward mobility.
Average State and Local Income Taxes Per Tax Return in Monroe County, MO Over the Last 10 Years
In Monroe County, Missouri, the average state and local income taxes per tax return have shown notable fluctuations over the last decade, with figures ranging from $4,074.00 in 2012 to peaking at $7,880.00 in 2020. This varying trend indicates potential changes in local government policies or economic conditions that might impact taxpayers' financial planning. For those considering investments or relocations to Monroe County, understanding these tax trends can provide essential insights into the county's fiscal environment.
Average Total Tax Liability Per Tax Return in Monroe County, MO Over the Last 10 Years
In the last decade, Monroe County, Missouri has seen a fluctuating yet generally increasing trend in the average total tax liability per tax return. Starting at approximately $5,519.32 in 2012, the tax liability showed periodic ups and downs but ended significantly higher at about $7,036.49 in 2021. The most notable jumps were in 2014 and 2020, suggesting possible changes in income levels or policy modifications. Investors and real estate agents might view this increasing tax liability as an indicator of rising property values or economic growth potential in the region. For prospective residents, appraisers, and insurance agents, understanding these trends can be crucial for financial planning and risk assessment.
Cost of Living in Monroe County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $917 | $1,331 | $2,499 | $853 | $1,162 |
| 1 adult 4 children | $917 | $1,087 | $1,915 | $853 | $1,215 |
| 2 adults 3 children | $917 | $1,087 | $2,166 | $853 | $910 |
| 1 adult 3 children | $917 | $888 | $1,582 | $853 | $907 |
| 2 adults 2 children | $746 | $890 | $1,833 | $731 | $784 |
| 1 adult 2 children | $746 | $665 | $1,249 | $731 | $691 |
| 2 adults 1 child | $746 | $704 | $1,500 | $331 | $715 |
| 1 adult 1 child | $746 | $454 | $916 | $331 | $579 |
| 2 adults | $567 | $565 | $1,167 | $0 | $604 |
| 1 adult | $549 | $308 | $583 | $0 | $531 |
Safety trends & Data
Monroe County, Missouri has experienced fluctuating property crime trends over the past five years, with larceny-theft consistently topping the list, peaking at 6 incidents in 2022. Notably, motor vehicle thefts have seen a decline, dropping from 3 in 2018 to none after 2020. Unique crime categories like forgery, counterfeiting, and vandalism exist but remain infrequent. For investors and real estate agents, these nuanced crime patterns could provide valuable insights into property values and... Read more
Property Crime Trends in Monroe County, MO Over the Last 5 Years
Monroe County, Missouri has seen fluctuating trends in property crimes over the past five years. Larceny-theft consistently remains the most reported crime, peaking at 6 incidents in 2022. Motor vehicle thefts have varied, with notable declines from 3 in 2018 to none post-2020. Unique crime categories like forgery and counterfeiting, and vandalism are relatively rare but present. For investors or real estate agents, understanding these subtle crime patterns could be pivotal in gauging property values and community safety.
Demographics
Monroe County has a nearly equal gender split within its adult population, suggesting balanced community dynamics. Educational attainment skews toward high school graduates and those with some college education, hinting at a workforce with moderate formal education levels. The age distribution shows a significant proportion of the population in the 55 to 64 years bracket, which might point toward an aging demographic. The racial composition is predominantly White, with very limited diversity,... Read more
Race Distribution in Monroe County, Missouri (2022)
Educational Attainment in Monroe County, Missouri (2022)
Age Distribution in Monroe County, Missouri
Citizen Population in Monroe County, Missouri (2022)
Political Trends & Data
Monroe County, Missouri leaned heavily Republican in the 2020 U.S. Presidential Election, with nearly 78% of the vote possibly going to the Republican candidate, while Democrats captured around 21%. Third parties had minimal impact, each securing less than 2% of the total votes. This predominant conservative leaning could shape future political strategies and community planning in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Monroe County, Missouri leaned heavily Republican in the 2020 U.S. Presidential Election, with nearly 78% of the vote possibly going to the Republican candidate. Democrats trailed significantly, capturing around 21%. Third parties, including Libertarians and Greens, seem to have had a minimal impact, with each securing less than 2% of the total votes. This distribution suggests that Monroe County might be predominantly conservative, which could inform future political strategies in the region.
77.56% of voters voted for the Republican party in the 2020 Presidential Election
20.88% of voters voted for the Democrat party in the 2020 Presidential Election
1.25% of voters voted for the Livertarian party in the 2020 Presidential Election
0.18% 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
Monroe County, Missouri's student-to-teacher ratio consistently stays below the national average of 14, hovering between 9.5 to 10.8 over the last decade. This indicates smaller class sizes and could signal higher educational quality, potentially making the area more appealing to families with school-aged children. Such educational factors might also boost real estate interest, suggesting a stable and attractive market for those investing or developing properties near sought-after... Read more
Student-to-teacher ratio in Monroe County, Missouri over the last 10 years
Monroe County, Missouri has generally maintained a student-to-teacher ratio below the national average of 14 students per teacher over the past decade, ranging from around 9.5 to 10.8. This trend could suggest smaller class sizes, potentially leading to more individualized attention for students and possibly higher education quality. Lower ratios might appeal to families prioritizing education and could also influence real estate dynamics, driving interest from buyers with school-aged children. For investors, developers, or insurance agents, these statistics might indicate a stable and appealing market for properties near desirable schools.
