Montgomery County Real Estate and Livability Trends
Montgomery County, Missouri, has seen a notable increase in average taxable income per tax return, rising from $40,540.00 in 2013 to $53,675.42 in 2021, suggesting potential economic growth. Median home values have surged, jumping from $105,900 in 2015 to $162,200, although still trailing behind the Missouri median of $199,400. Shifts in property crime rates, particularly the drop in... Read more
Montgomery County Market Trends
Montgomery County's median home values have historically lagged behind Missouri and national averages, but recent upward trends could catch the eyes of potential investors and homeowners. Since 2015, median values surged from $105,900 to $162,200, particularly since 2020. Despite still being below Missouri's $199,400 median, the county's growth trajectory suggests investment opportunity.... Read more
Median Value of Occupied Housing Units in Montgomery County, Missouri Over the Last 8 Years
Montgomery County's median home values have generally trailed behind both Missouri and national figures, yet recent increases suggest shifting dynamics that could interest potential investors and homeowners. Between 2015 and 2022, Montgomery County saw median values rise from $105,900 to $162,200, with a notable surge from 2020 onward. This positioning reflects a growth trajectory that, while still below Missouri's median of $199,400 and the national median of $179,400, indicates room for value appreciation and investment opportunities in the area.
Residential Energy Tax Credit Per Tax Return in Montgomery County, MO Over the Last 8 Years
Montgomery County, Missouri has seen fluctuating average residential energy tax credits over the past eight years, starting from $525.00 in 2013 and peaking at $1,660.00 in 2020. Significant jumps were observed from 2014 to 2016 and again from 2019 to 2020, suggesting intermittent increases in energy-saving investments or improvements in tax credit incentives. Investors, builders, and real estate agents may find these trends indicative of growing interest in energy-efficient upgrades, which could enhance property values and appeal. Appraisers and insurance agents might also consider the implications of these upgrades on property assessments and premium calculations.
Average Real Estate Taxes Per Tax Return in Montgomery County, MO Over the Last 10 Years
Over the last decade, Montgomery County, Missouri has seen a notable upward trend in average real estate taxes per tax return, with amounts generally increasing from $1,642.68 in 2012 to peaking at $2,708.33 in 2020, before slightly decreasing to $2,454.55 in 2021. This likely indicates rising property values or perhaps changes in tax assessments, making it crucial for potential buyers, appraisers, real estate agents, and other stakeholders to consider these financial implications when evaluating investments or property values in the area.
Percentage of Farm Returns in Montgomery County, MO Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Montgomery County, Missouri has seen a slight decline, dropping from around 11.11% in 2012 to roughly 9.93% in 2021. Farm tax returns—essentially, the filings submitted by farms indicating their income and expenses—provide a snapshot of the agricultural economic health in the area. A reducing trend could suggest evolving economic dynamics or a changing profile of agricultural activity, impacting land use and investment attractiveness. For those considering agricultural investments or living in Montgomery County, monitoring these trends could be vital to understanding the local economy and potential opportunities or risks.
Number of Mortgages by Occupancy Type in Montgomery County, MO Over the Last 5 Years in Montgomery County
In Montgomery County, Missouri, the number of mortgages for principal residences has remained dominant over the last five years, showing a slight upward trend up to 2021 before a modest decline in 2022. Investment property mortgages have held relatively steady, while second residence mortgages have varied but remained minimal compared to principal residences. Shifts in occupancy types can affect local market dynamics; an increase in principal residence purchases could signal a stable, family-friendly environment, which might attract long-term investments, impact property appraisals, and influence local insurance rates. Conversely, a rise in investment property mortgages could suggest growing investor interest, potentially leading to changes in rental market conditions and possibly affecting property values and availability for local homebuyers. Understanding these trends is vital for stakeholders like real estate agents, appraisers, and investors when making informed decisions about the area.
Economic Outlook
Montgomery County, Missouri has experienced a steady rise in average taxable income per tax return from $40,540.00 in 2013 to $53,675.42 in 2021, potentially reflecting economic growth and inflation. Similarly, average state and local income taxes surged from $3,690.79 in 2012 to $7,110.00 by 2021, suggesting stronger economic dynamics or higher incomes. The steady climb in total tax liability, peaking at about $6,821.00 in 2021, further supports the notion of economic health, making the county... Read more
Average Taxable Income per Tax Return in Montgomery County, MO over the last 9 years
Over the past nine years, Montgomery County, Missouri has seen a steady increase in average taxable income per tax return, rising from $40,540.00 in 2013 to $53,675.42 in 2021. This upward trend likely reflects a combination of economic growth and inflation, making the county increasingly attractive for investments and property developments. Real estate agents and appraisors might find this income growth encouraging as it could indicate a higher demand for housing and potential for property value appreciation. Similarly, insurance agents might see this as a sign of a more financially stable client base.
Average State and Local Income Taxes Per Tax Return in Montgomery County, MO Over the Last 10 Years
Montgomery County, Missouri has seen a significant rise in average state and local income taxes per tax return over the past decade, with a notable surge since 2018. Starting at $3,690.79 in 2012, the average taxes jumped to $7,110.00 by 2021. This steep increase, especially from 2017 onward, could indicate stronger economic growth or higher income levels within the county, making it potentially attractive for investors and new residents who are keen to tap into a thriving region. However, the higher tax rates might also be something to consider for those on a tighter budget or fixed income.
Average Total Tax Liability Per Tax Return in Montgomery County, MO Over the Last 10 Years
Notably, the average total tax liability per tax return in Montgomery County, Missouri, has generally shown an upward trend over the past decade. Starting at just under $5,000.00 in 2012, this figure has steadily climbed, peaking at about $6,821.00 in 2021. This increase, especially the significant jump between 2020 and 2021, may suggest economic growth, possibly driven by rising incomes, property values, or local investments. This pattern could be a key indicator for potential investors and real estate agents to gauge economic health and the cost of living in the area.
Cost of Living in Montgomery County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,046 | $1,339 | $2,499 | $1,040 | $1,294 |
| 1 adult 4 children | $1,046 | $1,094 | $1,915 | $1,040 | $1,370 |
| 2 adults 3 children | $1,046 | $1,094 | $2,166 | $1,040 | $1,034 |
| 1 adult 3 children | $1,046 | $893 | $1,582 | $1,040 | $1,055 |
| 2 adults 2 children | $747 | $896 | $1,833 | $915 | $833 |
| 1 adult 2 children | $747 | $669 | $1,249 | $915 | $753 |
| 2 adults 1 child | $747 | $708 | $1,500 | $509 | $761 |
| 1 adult 1 child | $747 | $457 | $916 | $509 | $623 |
| 2 adults | $567 | $569 | $1,167 | $0 | $602 |
| 1 adult | $541 | $310 | $583 | $0 | $524 |
Safety trends & Data
Property crime trends in Montgomery County, Missouri reflect some interesting shifts. Larceny-theft incidents fell from 24.00 in 2018 to just 5.00 in 2022, indicating a possible improvement in local security. Burglary rates also dropped, with no cases reported since 2020. Meanwhile, motor vehicle theft has remained steady, and stolen property incidents have significantly decreased from 8.00 to 3.00 over five years. These trends could imply heightened community vigilance and better law... Read more
Property Crime Trends in Montgomery County, MO Over the Last 5 Years
Property crime trends in Montgomery County, Missouri over the past five years reveal fluctuating instances across various categories. Larceny-theft incidents have consistently declined from 24.0 in 2018 to a low of 4.0 in 2021, before a slight increase to 5.0 in 2022. Burglary instances saw a reduction from 5.0 in 2018 to 4.0 in 2020, followed by no reported cases in the subsequent years. Motor vehicle theft remains relatively low and steady, while incidents of stolen property have decreased significantly from 8.0 in 2018 to 3.0 in 2022. These shifts suggest a general downward trend in property crimes, potentially signaling improved security measures or community vigilance in the county.
Demographics
Montgomery County, Missouri shows a slight female majority in its adult population; approximately 4,468 females to 4,355 males. The educational landscape reveals a strong presence of high school graduates at around 3,444, while those with college degrees make up a smaller fraction, with 847 holding Bachelor's and 437 holding graduate degrees. Age distribution highlights a significant leaning towards the mature population, especially those aged 55 to 64 years, comprising a notable portion of the... Read more
Race Distribution in Montgomery County, Missouri (2022)
Educational Attainment in Montgomery County, Missouri (2022)
Age Distribution in Montgomery County, Missouri
Citizen Population in Montgomery County, Missouri (2022)
Political Trends & Data
Montgomery County, Missouri, seems to have a strong Republican lean, with the GOP potentially capturing around 77.4% of the vote during the 2020 U.S. Presidential Election. Democrats may trail significantly, with approximately 20.9% support, while Libertarian and Green parties possibly hold minimal influence, garnering roughly 1.5% and 0.2% of the vote, respectively. This political climate might suggest that any local policy or market shifts could be influenced by Republican ideologies and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Montgomery County, Missouri, leaned heavily Republican in the 2020 U.S. Presidential Election, with a potential preference for the GOP capturing approximately 77.4% of the vote. Democrats might have garnered about 20.9%, indicating some level of support, but significantly trailing the Republican figures. Libertarian and Green parties saw minimal backing, receiving around 1.5% and 0.2% of the vote, respectively. This data suggests a strong Republican dominance in the local political landscape, with limited but present diversity in political affiliations.
77.36% of voters voted for the Republican party in the 2020 Presidential Election
20.93% of voters voted for the Democrat party in the 2020 Presidential Election
1.46% of voters voted for the Livertarian party in the 2020 Presidential Election
0.21% of voters voted for the Green party in the 2020 Presidential Election
0.05% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Montgomery County, Missouri, the student-to-teacher ratio has consistently hovered below the national average over the past decade, fluctuating between approximately 10.83 and 12.57 students per teacher. This trend could be attractive to families prioritizing educational quality and might positively influence property values. Investors, real estate agents, and appraisers may want to consider this factor when assessing the area’s desirability and risk... Read more
Student-to-teacher ratio in Montgomery County, Missouri over the last 10 years
Over the past decade, Montgomery County, Missouri's student-to-teacher ratio has largely remained below the national average of 14 students per teacher, fluctuating between approximately 10.83 and 12.57. Investors, real estate agents, and families considering the area might find this trend to be of significant interest given that lower student-to-teacher ratios often indicate more personalized attention in classrooms, which could be an attractive feature for those prioritizing educational quality for their children. This could also impact property values positively and might be a crucial factor for appraisers and insurance agents assessing the desirability and risk profiles of the area.
