Pike County Real Estate and Livability Trends
Pike County, Missouri, has witnessed a steady climb in average taxable income, peaking at $59,337.71 in 2021, alongside a near doubling in state and local income taxes over the past decade. Median home values have increased from $95,000 in 2015 to $114,100 in 2022 but remain below the state's median of $199,400. The county shows growing interest in energy-efficient home improvements, possibly... Read more
Pike County Market Trends
Pike County, Missouri's median home values have notably increased from $95,000 in 2015 to $114,100 in 2022, yet they still lag behind the state's median of $199,400. The area has also shown a growing trend in residential energy tax credits, peaking at $1,425.00 in 2019, hinting at a rising interest in energy-efficient home improvements. Fluctuating real estate taxes, with a significant peak in... Read more
Median Value of Occupied Housing Units in Pike County, Missouri Over the Last 8 Years
Pike County, Missouri has seen its median home values fluctuate significantly over the last eight years, with a notable increase from $95,000 in 2015 to $114,100 in 2022. While this represents a considerable growth, it still trails behind both Missouri’s state-wide median of $199,400 and the national average of $179,400 in 2022. This disparity might suggest more affordable investing opportunities in Pike County compared to the broader market, but it also signals potential for future property value appreciation that could benefit current homeowners and investors.
Residential Energy Tax Credit Per Tax Return in Pike County, MO Over the Last 8 Years
Pike County, Missouri has seen fluctuating average residential energy tax credits over the past eight years, peaking at $1,425.00 in 2019. Significant jumps in 2016 and from 2019 onward indicate an increasing inclination towards energy-efficient improvements among homeowners. This trend might suggest growing awareness and adoption of energy-saving measures, which could entice investors or builders focusing on sustainable projects. Real estate agents and appraisers could find these insights valuable when positioning properties in the market, while insurance agents might consider the potential for energy-efficient upgrades in their risk assessments.
Average Real Estate Taxes Per Tax Return in Pike County, MO Over the Last 10 Years
Over the past decade, Pike County, Missouri has seen fluctuating real estate taxes per tax return, with a notable spike in 2018 reaching $2366.67. This variance suggests a shifting economic landscape that potential investors and property developers may want to scrutinize, particularly as the most recent figures for 2021 show a slight decrease to $2250.00. Such trends might influence decisions on property values, insurance premiums, and overall investment strategies within the county.
Percentage of Farm Returns in Pike County, MO Over the Last 10 Years
Over the past 10 years in Pike County, Missouri, the percentage of farm tax returns has seen a slight decline, starting at around 10.32% in 2012 and dropping to about 8.82% in 2021. Farm tax returns are crucial indicators of agricultural activity and economic health in the region, reflecting the number of farms filing for tax purposes each year. This trend could suggest a gradual decrease in farming operations or shifts in the local economy, which may be relevant for investors, homebuyers, and developers contemplating ventures in this county. For a community with deep agricultural roots, these changes might hint at evolving opportunities and challenges.
Number of Mortgages by Occupancy Type in Pike County, MO Over the Last 5 Years in Pike County
In Pike County, Missouri, the number of mortgages for Principal Residences has seen a fluctuating yet overall increase over the past five years, peaking at 714 in 2021. Investment Property mortgages, while generally less in number, showed a minor uptick from 34 in 2018 to 50 in 2022. Meanwhile, Second Residences have remained relatively stable with the highest count being 23 in 2021. Changes in occupancy types are critical for investors, as increasing Principal Residence numbers may signal robust demand for primary housing, suggesting a more stable market. Conversely, consistent Investment Property values might hint at less speculative investment but steady interest, reflecting on long-term rental potentials. Understanding these patterns assists appraisers in market valuations and influences insurance agents in risk assessment, while guiding real estate and construction professionals in targeting their efforts effectively.
Economic Outlook
Pike County, Missouri, has experienced a steady rise in average taxable income per tax return, peaking at $59,337.71 in 2021. Concurrently, state and local income taxes have nearly doubled over the past decade, suggesting economic growth or changing tax policies. The average total tax liability per tax return also notably jumped, particularly between 2020 and 2021, climbing from $6,826.16 to $8,590.09. These trends could be key indicators for investors and real estate professionals assessing... Read more
Average Taxable Income per Tax Return in Pike County, MO over the last 9 years
Pike County, Missouri, has seen a gradual but steady increase in average taxable income per tax return over the past nine years, with a notable jump to $59,337.71 in 2021. This trend, indicative of growing economic stability, is intriguing for potential investors and property developers alike. Real estate agents could view this data as a positive sign for property values, while appraisers and insurance agents might consider recalibrating their assessments based on this upward trajectory. Those considering relocating may find the upward trend in income a reassuring marker of prosperity in Pike County.
Average State and Local Income Taxes Per Tax Return in Pike County, MO Over the Last 10 Years
Pike County, Missouri has seen a notable increase in average state and local income taxes per tax return over the last decade, going from roughly $4,457.43 in 2012 to approximately $8,973.33 in 2021. While the climb has not been entirely linear, there's been a general upward trend, with significant spikes around 2017 and 2018. This information may be pivotal for potential investors, prospective residents, and property developers as it could signal economic growth or changes in tax policies affecting personal and business finances.
Average Total Tax Liability Per Tax Return in Pike County, MO Over the Last 10 Years
Over the past decade in Pike County, Missouri, the average total tax liability per tax return has shown a general upward trend. Notable increases were observed around 2016 to 2017 and in the period from 2020 to 2021, where the liability jumped from $6,826.16 to $8,590.09. This information could indicate rising incomes or changes in tax policy, both of which are crucial for potential investors, real estate agents, and financial planners to consider when making decisions related to property development, appraisals, and insurance in the area.
Cost of Living in Pike County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $954 | $1,359 | $2,501 | $901 | $1,208 |
| 1 adult 4 children | $954 | $1,110 | $1,918 | $901 | $1,266 |
| 2 adults 3 children | $954 | $1,110 | $2,168 | $901 | $951 |
| 1 adult 3 children | $954 | $907 | $1,584 | $901 | $952 |
| 2 adults 2 children | $784 | $909 | $1,835 | $778 | $815 |
| 1 adult 2 children | $784 | $679 | $1,251 | $778 | $727 |
| 2 adults 1 child | $784 | $718 | $1,501 | $377 | $743 |
| 1 adult 1 child | $784 | $464 | $917 | $377 | $604 |
| 2 adults | $596 | $577 | $1,168 | $0 | $615 |
| 1 adult | $577 | $315 | $584 | $0 | $537 |
Safety trends & Data
Property crime in Pike County, Missouri, has been in noticeable decline over the past five years, making the area potentially more attractive for investors and residents. Larceny-theft and burglary have decreased dramatically, with larceny-theft falling from 43 cases in 2018 to just 3 in 2022, and burglary incidents dropping from 12 in 2019 to 2 in 2022. Motor vehicle theft remains low, and vandalism cases are also on a downward trend. Despite occasional spikes in fraud and forgery, the overall... Read more
Property Crime Trends in Pike County, MO Over the Last 5 Years
Over the past five years, property crime trends in Pike County, Missouri have shown a marked decline in larceny-theft, with 43 reported cases in 2018 dropping to just 3 in 2022. Burglary incidents peaked in 2019 at 12 but have since decreased significantly, reaching only 2 cases by 2022. Motor vehicle theft has remained relatively stable, though minor, with just a few incidents reported annually. Vandalism cases reflect a similarly declining trend. While occasional spikes in fraud and forgery occur, the overall property crime rate suggests a potentially safer investment climate and living environment, making it an interesting consideration for stakeholders.
Demographics
Pike County, Missouri exhibits a notable gender skew within its adult population, with males potentially overrepresented compared to females. The educational attainment data illustrates a community with a strong high school completion rate, yet a relatively small portion has pursued higher degrees, suggesting a workforce that may favor skilled trades or local employment over academic careers. The age distribution suggests a balanced spread across most age groups, with a slight uptick in the 55... Read more
Race Distribution in Pike County, Missouri (2022)
Educational Attainment in Pike County, Missouri (2022)
Age Distribution in Pike County, Missouri
Citizen Population in Pike County, Missouri (2022)
Political Trends & Data
Pike County, Missouri's strong conservative leaning, highlighted by about 76% support for Republican candidates in the 2020 Presidential Election, hints at possible local policies and community priorities that could impact real estate development and investments. The distinct preference for conservative governance might translate into relaxed zoning laws, reduced taxes, and other business-friendly measures, potentially making the area more attractive for new developments or investors seeking... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Pike County, Missouri, the 2020 U.S. Presidential Election results leaned heavily toward Republican candidates, capturing approximately 76% of the vote. Democrats lagged significantly, receiving around 22%. Libertarian and Green parties, alongside other minor parties, collectively amassed a negligible fraction of the votes. This trend suggests a strong conservative presence in the area, which could influence local policy and community priorities.
76.19% of voters voted for the Republican party in the 2020 Presidential Election
22.31% of voters voted for the Democrat party in the 2020 Presidential Election
1.21% of voters voted for the Livertarian party in the 2020 Presidential Election
0.25% of voters voted for the Green party in the 2020 Presidential Election
0.04% of voters voted for the Other party in the 2020 Presidential Election
School Data
Pike County, Missouri boasts a student-to-teacher ratio between 10 and 11, notably below the national average of 14. This lower ratio could appeal to families prioritizing personalized education, signaling more individual attention for students. For investors and builders, it suggests an opportunity to attract families seeking a quality school system. Real estate agents and appraisers may find this a positive selling point, while insurance agents might view it as indicative of community... Read more
Student-to-teacher ratio in Pike County, Missouri over the last 10 years
Pike County, Missouri has consistently maintained a student-to-teacher ratio between 10 and 11 over the last decade, notably below the national average of 14 students per teacher. This trend might influence decisions for families prioritizing personalized education, as smaller ratios often suggest more individual attention. For potential investors or builders, it could signal that the area values education, potentially attracting families seeking a quality school system. Real estate agents and appraisers might similarly see this as a positive selling point, while insurance agents could consider it a factor in community stability and appeal.
