Pettis County Real Estate and Livability Trends
Pettis County, Missouri has seen a notable increase in average taxable income per tax return, growing from $43,776.34 in 2013 to $55,741.89 in 2021, which might reflect better economic conditions and potentially rising property values. Median home values have jumped from $101,400 in 2015 to $150,000 in 2022, suggesting a lucrative yet relatively affordable market. Increased state and local income... Read more
Pettis County Market Trends
Pettis County, Missouri has consistently seen median home values rise from $101,400 in 2015 to $150,000 in 2022, signaling a lucrative, yet more affordable market compared to broader state and national trends. Residential energy tax credits exhibit significant variability, peaking at $2,833.33 in 2018, reflecting potential surges in energy-efficient investments. Real estate taxes have also risen,... Read more
Median Value of Occupied Housing Units in Pettis County, Missouri Over the Last 8 Years
Over the past eight years, Pettis County, Missouri has seen a steady rise in median home values, jumping from $101,400 in 2015 to $150,000 in 2022. Though still trailing behind the broader state trends, where prices moved from $138,400 to $199,400 over the same period, Pettis County offers a more affordable entry point compared to Missouri and national averages. Nationally, median home values have surged from $125,500 in 2015 to $179,400 in 2022, highlighting Pettis County as potentially attractive for those seeking lower-cost real estate investments in an upward-trending market.
Residential Energy Tax Credit Per Tax Return in Pettis County, MO Over the Last 9 Years
Pettis County, Missouri has seen varied trends in residential energy tax credits per tax return over the past nine years, suggesting fluctuations that may interest investors and real estate professionals. Notably, 2018 saw a significant peak at $2833.33, far surpassing other years, indicating a possible surge in energy-efficient home investments or available credits. Although there were ups and downs with years like 2015 and 2019 reaching $780.77 and $1100.00 respectively, the substantial variability could influence economic and development plans in the area. These patterns are essential for appraisers and insurance agents to consider the potential impact on property values and associated operational costs.
Average Real Estate Taxes Per Tax Return in Pettis County, MO Over the Last 10 Years
Real estate taxes per tax return in Pettis County, Missouri have generally been increasing over the last decade. Starting from $1,608.98 in 2012, there's a noticeable upward trend peaking at $3,181.08 in 2020 before seeing a slight decline to $3,175.68 in 2021. This consistent increase, especially the sharp rise from around 2017 to 2020, could be indicative of rising property values or tax rate adjustments, and is essential for investors, new residents, and real estate professionals to consider.
Percentage of Farm Returns in Pettis County, MO Over the Last 10 Years
Over the last decade, Pettis County, Missouri has seen a gradual decline in the percentage of farm tax returns, moving from roughly 6.33% in 2012 to around 5.41% in 2021. Farm tax returns represent the portion of income tax filings specifically designated by farmers and agricultural businesses. This downward trend might hint at shifts in the local economy, such as a movement away from agricultural activities or changes in land use, which could be crucial for prospective investors and residents considering the county's economic landscape.
Number of Mortgages by Occupancy Type in Pettis County, MO Over the Last 5 Years in Pettis County
Pettis County, Missouri has seen notable trends in mortgage counts over the past five years. Principal residences dominate with a consistent rise from 1,139 in 2018 to 1,571 in 2022, possibly indicating increasing homeownership or population growth. Investment property mortgages also show growth, albeit more modest, from 126 in 2018 to 155 in 2022, hinting at a strengthening rental market. Second residences, while a smaller segment, have fluctuated slightly, peaking at 39 in 2020. Changes in occupancy type can influence local housing market dynamics, affecting demand and property values, vital considerations for investors, developers, insurance agents, and real estate professionals.
Economic Outlook
Pettis County, Missouri has experienced a general rise in average taxable income per tax return from $43,776.34 in 2013 to $55,741.89 in 2021, hinting at improving economic conditions and possibly higher property values. Concurrently, state and local income taxes have surged, more than doubling from $4,673.89 in 2012 to $10,071.43 by 2021, with notable spikes in 2018 and 2019. Additionally, total tax liability per tax return has crept upward, peaking at $7,676.99 in 2021, reflecting an... Read more
Average Taxable Income per Tax Return in Pettis County, MO over the last 9 years
Pettis County, Missouri has seen a generally upward trend in average taxable income per tax return over the past nine years. Starting at around $43,776.34 in 2013, it occasionally dipped but showed overall growth, reaching $55,741.89 in 2021. This rise in average taxable income may indicate improving economic conditions and potentially increasing property values, making it a place that could interest investors, real estate agents, and those considering relocating. This trend can also affect appraisors and insurance agents by potentially altering property appraisals and insurance premiums.
Average State and Local Income Taxes Per Tax Return in Pettis County, MO Over the Last 10 Years
Over the past decade in Pettis County, Missouri, average state and local income taxes per tax return have generally trended upward, more than doubling from approximately $4,673.89 in 2012 to around $10,071.43 in 2021. This significant increase could be a point of concern or consideration for potential investors or residents, as tax liabilities can influence decisions on property investment and overall cost of living. The notable spikes in 2018 and 2019, where taxes jumped to over $9,000, suggest changing financial dynamics that might need deeper exploration.
Average Total Tax Liability Per Tax Return in Pettis County, MO Over the Last 10 Years
Pettis County, Missouri has seen an overall increase in average total tax liability per tax return over the past decade. Starting at $5,611.44 in 2012 and peaking at approximately $7,676.99 in 2021, the trend suggests a growing tax burden on local residents. Notably, there were fluctuations with a slight dip in 2019 to $5,890.59 and a significant jump in 2021. These patterns indicate a need for potential property owners and investors to consider rising tax liabilities when evaluating opportunities in the area.
Cost of Living in Pettis County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,105 | $1,319 | $2,513 | $833 | $1,187 |
| 1 adult 4 children | $1,105 | $1,077 | $1,926 | $833 | $1,239 |
| 2 adults 3 children | $1,105 | $1,078 | $2,178 | $833 | $937 |
| 1 adult 3 children | $1,105 | $880 | $1,591 | $833 | $938 |
| 2 adults 2 children | $833 | $882 | $1,843 | $703 | $770 |
| 1 adult 2 children | $833 | $659 | $1,256 | $703 | $673 |
| 2 adults 1 child | $833 | $697 | $1,508 | $282 | $698 |
| 1 adult 1 child | $833 | $450 | $921 | $282 | $564 |
| 2 adults | $643 | $560 | $1,173 | $0 | $602 |
| 1 adult | $613 | $305 | $586 | $0 | $531 |
Safety trends & Data
Property crime trends in Pettis County, Missouri showcase some interesting fluctuations over the past five years. Arson incidents remained relatively low, with a slight increase noted in 2021. Burglary hit its peak in 2022 with 32.0 incidents, while larceny-theft dropped dramatically from 142.0 in 2018 to 67.0 in 2022. Vandalism spiked in 2019 at 49.0 cases but saw a notable decline by 2022. Categories like motor vehicle theft and fraud have remained fairly stable, hinting at areas ripe for... Read more
Property Crime Trends in Pettis County, MO Over the Last 5 Years
Property crime trends in Pettis County, Missouri over the past five years show fluctuating patterns. Arson incidents remained fairly low, with a slight peak in 2021. Burglary has steadily varied, peaking at 32.0 in 2022. Larceny-theft saw a notable drop, from 142.0 in 2018 to 67.0 in 2022. Vandalism incidents hit a high in 2019 with 49.0 cases but decreased significantly by 2022. Despite some variations, overall crime rates in specific categories like motor vehicle theft and fraud appear relatively stable, suggesting targeted areas for potential improvement in crime prevention strategies.
Demographics
Pettis County, Missouri's population leans slightly female with 15,654 women compared to 15,067 men. The largest age demographic appears to be those under 10 years, alongside a notable number of individuals between 35 and 64 years, which might indicate a diverse labor force and familial environment. Education-wise, a high school diploma is most common, though post-secondary education presence is still significant. The racial composition is predominantly White, with small but present African... Read more
Race Distribution in Pettis County, Missouri (2022)
Educational Attainment in Pettis County, Missouri (2022)
Age Distribution in Pettis County, Missouri
Citizen Population in Pettis County, Missouri (2022)
Political Trends & Data
Pettis County, Missouri's 2020 U.S. Presidential Election results likely indicate a strong Republican presence, with approximately 72.5% of the vote favoring the GOP. Democrats only captured about 25%, while minor parties barely made a blip. This political landscape could subtly influence various aspects of the community, from local policy priorities to real estate market dynamics, potentially making it friendlier to conservative-leaning buyers and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Pettis County, Missouri, the 2020 U.S. Presidential Election results likely demonstrated a dominant Republican preference, with around 72.5% of the vote. Democrats captured roughly 25%, while Libertarians and Greens, along with other parties, garnered minimal support. These figures may reflect the county's leaning and political landscape at that time.
72.55% of voters voted for the Republican party in the 2020 Presidential Election
25.05% of voters voted for the Democrat party in the 2020 Presidential Election
2.00% of voters voted for the Livertarian party in the 2020 Presidential Election
0.30% 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
The student-to-teacher ratio in Pettis County, Missouri, has decreased to around 11 students per teacher, compared to the national average of 14. This lower ratio may indicate smaller class sizes and potentially better educational outcomes. Such educational factors could make the area more attractive for families looking to move, potentially influencing local real estate demand. Real estate agents and investors might find this trend indicative of a community with growing... Read more
Student-to-teacher ratio in Pettis County, Missouri over the last 10 years
The student-to-teacher ratio in Pettis County, Missouri, has steadily decreased over the past decade, stabilizing around 11 students per teacher in recent years. This lower ratio implies smaller class sizes, potentially leading to more personalized instruction and better educational outcomes. Compared to the national average of 14 students per teacher, Pettis County offers a more favorable teaching environment, which could be an appealing factor for families considering a move. For real estate agents, appraisers, and those looking to invest in local property, these educational metrics might suggest a promising community appeal. Additionally, this data could be useful for insurance agents and developers to gauge community growth and service needs.
