Morgan County Real Estate and Livability Trends
In Morgan County, Missouri, the average taxable income per tax return saw a substantial rise, reaching $54,198.02 in 2021 from $35,136.68 in 2013. This trend might indicate a strengthening local economy, drawing investor and developer interest. Median home values have surged from $109,300 in 2015 to $174,500 in 2022, outpacing broader growth rates, with real estate taxes peaking at $3,873.91 in... Read more
Morgan County Market Trends
Morgan County, Missouri, has seen a substantial rise in median home values over the last eight years, jumping from $109,300 in 2015 to $174,500 in 2022, outpacing both state and national growth rates. Real estate taxes have also increased, peaking at $3,873.91 in 2020 before slightly decreasing. Energy tax credits have shown a fluctuating yet generally increasing trend, with significant spikes in... Read more
Median Value of Occupied Housing Units in Morgan County, Missouri Over the Last 8 Years
Morgan County, Missouri has seen a substantial rise in median home values over the last eight years, jumping from $109,300 in 2015 to $174,500 in 2022. This growth rate outpaces both the state's increase from $138,400 to $199,400 and the national climb from $125,500 to $179,400. Such a trend could indicate a burgeoning local market, potentially driven by increased demand or improvements in local amenities. For those looking to invest, move to, or build property in Morgan County, the steep incline in home values might suggest an opportunity for solid returns or a thriving community environment.
Residential Energy Tax Credit Per Tax Return in Morgan County, MO Over the Last 9 Years
Morgan County, Missouri has seen a fluctuating but generally increasing trend in the average residential energy tax credit per tax return over the last nine years. While 2013 started at a modest $585.71, 2018 and 2019 saw significant spikes with averages reaching over $2,166.67 and $1,471.43 respectively. This suggests a growing emphasis on energy-efficient home improvements, potentially driven by rising energy costs or increased environmental awareness. For potential investors or those considering relocation, these trends may imply a community increasingly investing in sustainable living.
Average Real Estate Taxes Per Tax Return in Morgan County, MO Over the Last 10 Years
Over the past decade, Morgan County, Missouri has experienced a noticeable increase in real estate taxes per tax return. Starting at $1,828.68 in 2012, the trend reflects a steady rise, with a sharper spike observed from 2018 to 2020, peaking at $3,873.91 in 2020 before slightly decreasing in 2021 to $3,227.27. This growing tax burden could imply heightened property values or changes in tax policies, both of which are critical for investors, builders, and residents to consider when evaluating the financial landscape of the area.
Percentage of Farm Returns in Morgan County, MO Over the Last 10 Years
Over the last decade, Morgan County, Missouri, has seen a somewhat steady percentage of farm tax returns, hovering around 10.51% in 2012 and slightly dipping to 9.16% in 2021. This consistency suggests a stable agricultural base, which could be significant for investors and property developers. Farm tax returns are essentially filings that farmers submit to report income and expenses, indicating agricultural productivity levels and economic viability. This data may hint at sustained agricultural activity, an essential consideration for those looking to invest in local agribusiness or move to a community with rooting potential in farming.
Number of Mortgages by Occupancy Type in Morgan County, MO Over the Last 5 Years in Morgan County
Mortgage trends in Morgan County, Missouri, reveal fluctuations in the number of mortgages across different occupancy types over the last five years. Principal residences consistently dominate mortgage count, peaking in 2021 with 893 mortgages. Second residences showed notable variability, with the highest count in 2020 at 699. Investment properties maintained relatively lower numbers, but their slow growth might suggest gradually rising interest. These shifts matter as they can indicate changing buyer priorities and risk profiles, influencing real estate prices, investment opportunities, and insurance premiums. Investors, real estate agents, and appraisers should consider how these trends reflect regional economic health and its impact on property values and market demand.
Economic Outlook
In Morgan County, Missouri, the average taxable income per tax return has been on a steady climb, reaching roughly $54,198.02 in 2021 compared to about $35,136.68 in 2013. This growth trend may signal a strengthening local economy, potentially drawing interest from investors and property developers. Additionally, the area has experienced a significant rise in average state and local income taxes over the past decade, with figures escalating from around $3,284.91 in 2012 to nearly $9,625.00 by... Read more
Average Taxable Income per Tax Return in Morgan County, MO over the last 9 years
In Morgan County, Missouri, the average taxable income per tax return has been on a consistent upward trajectory over the past nine years, rising from around $35,136.68 in 2013 to approximately $54,198.02 in 2021. This sustained growth could be a signal of a gradually strengthening local economy, which might attract investors and property developers looking for promising opportunities. Real estate agents and appraisers may find this trend relevant when evaluating property values, and insurance agents might consider these figures when assessing risk and coverage options.
Average State and Local Income Taxes Per Tax Return in Morgan County, MO Over the Last 10 Years
Morgan County, Missouri, has seen a notable upward trend in average state and local income taxes per tax return over the past decade. Starting at approximately $3,284.91 in 2012, the amount has steadily increased, peaking dramatically in 2021 at around $9,625.00. These escalating taxes likely reflect broader economic changes or policy adjustments and could influence decisions regarding investment, real estate, and residency within the county. This trend may point to an evolving financial landscape that prospective residents and investors should consider.
Average Total Tax Liability Per Tax Return in Morgan County, MO Over the Last 10 Years
Over the past decade, Morgan County, Missouri has seen a notable increase in average total tax liability per tax return, starting at approximately $4,308.53 in 2012 and rising to around $7,271.90 by 2021. This upward trend highlights potentially growing incomes or changes in tax policies, making the area interesting for those evaluating financial growth opportunities or property investments. Real estate agents and home builders might particularly note the implications for property values and market dynamics in the region.
Cost of Living in Morgan County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $998 | $1,251 | $2,499 | $860 | $1,178 |
| 1 adult 4 children | $998 | $1,021 | $1,915 | $860 | $1,240 |
| 2 adults 3 children | $998 | $1,022 | $2,166 | $860 | $930 |
| 1 adult 3 children | $998 | $834 | $1,582 | $860 | $936 |
| 2 adults 2 children | $746 | $836 | $1,833 | $737 | $773 |
| 1 adult 2 children | $746 | $625 | $1,249 | $737 | $681 |
| 2 adults 1 child | $746 | $661 | $1,500 | $339 | $707 |
| 1 adult 1 child | $746 | $427 | $916 | $339 | $574 |
| 2 adults | $660 | $531 | $1,167 | $0 | $628 |
| 1 adult | $549 | $290 | $583 | $0 | $524 |
Safety trends & Data
In Morgan County, Missouri, property crime trends over the past five years show significant fluctuations. Larceny peaked in 2018 at 47.0 incidents, dropped to 18.0 in 2021, then rose to 26.0 in 2022. Vandalism arrests saw an uptick from 3.0 in 2020 to 10.0 in 2022. Motor vehicle theft hit highs in both 2018 and 2022, while burglary plummeted from 14.0 in 2018 to just 1.0 in 2021. These shifts highlight the need for continued vigilance in property security for both investors and... Read more
Property Crime Trends in Morgan County, MO Over the Last 5 Years
Over five years, Morgan County, Missouri has seen a notable fluctuation in property crimes, particularly in Larceny - Theft which peaked at 47.0 incidents in 2018 and saw a dip to 18.0 incidents in 2021 before rising again to 26.0 in 2022. Vandalism arrests have trended upwards, rising to 10.0 in 2022 from a low of 3.0 in 2020. Motor Vehicle Theft also had its highest incidence in 2018 and 2022 at 9.0 and 7.0 respectively. Burglary incidents saw a sharp decline from 14.0 in 2018 to a significant low of 1.0 in 2021. For those considering investment or living in the area, these trends indicate a generally decreasing rate in certain crimes but with specific years showing sporadic increases, reflecting the importance of ongoing diligence in property security.
Demographics
Morgan County, Missouri shows a fairly balanced gender distribution with a slight edge in the male population. While the county has a significant number of residents with a high school diploma, there's also a notable portion that hasn't completed high school or achieved higher education. Age-wise, the county has a sizable older demographic, specifically those aged 55 and over, which can impact local healthcare and retirement services. The population is predominantly White, with minimal... Read more
Race Distribution in Morgan County, Missouri (2022)
Educational Attainment in Morgan County, Missouri (2022)
Age Distribution in Morgan County, Missouri
Citizen Population in Morgan County, Missouri (2022)
Political Trends & Data
Morgan County, Missouri, leaned heavily Republican in the 2020 U.S. Presidential Election, with Republicans securing nearly 78.50% of the vote. This strong conservative presence could suggest stability in the local political landscape, potentially influencing future elections and policies. Democrats captured a little more than 20%, while Libertarian and Green parties saw minimal backing, highlighting a significant partisan divide that might shape community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Morgan County, Missouri, leaned heavily Republican in the 2020 U.S. Presidential Election with nearly 78.5 percent of the vote. Democrats captured just over 20 percent, while Libertarian and Green parties garnered minimal support. This strong Republican presence might suggest a stable conservative voter base, impacting future local and state elections.
78.44% of voters voted for the Republican party in the 2020 Presidential Election
20.28% of voters voted for the Democrat party in the 2020 Presidential Election
1.03% of voters voted for the Livertarian party in the 2020 Presidential Election
0.11% of voters voted for the Green party in the 2020 Presidential Election
0.14% of voters voted for the Other party in the 2020 Presidential Election
School Data
Morgan County, Missouri has seen a relatively stable student-to-teacher ratio over the past decade, generally around 13, slightly below the national average of 14. In 2021, this ratio dipped to nearly 12 but rose again to just over 13 by 2023. Such lower ratios might suggest more personalized attention in schools, potentially boosting educational outcomes, which could be appealing for real estate investors and prospective residents. This trend might indicate higher property values and lower... Read more
Student-to-teacher ratio in Morgan County, Missouri over the last 10 years
Morgan County, Missouri has seen a relatively stable student-to-teacher ratio over the past decade, typically hovering around 13, which is slightly below the national average of 14 students per teacher. Notably, there was a dip to nearly 12 students per teacher in 2021, which then rose again to just over 13 by 2023. For real estate investors and prospective residents, these lower ratios might suggest more personalized attention in schools, potentially enhancing educational outcomes. This data can also be pivotal for appraisers and insurance agents by indicating potentially higher property values and lower risk, respectively. Builders and real estate agents might tout these ratios to attract families looking for high-quality education environments, while current residents could see this as a validation of the educational investment in the county.
