Ralls County Real Estate and Livability Trends
Ralls County, Missouri's real estate market shows potential economic growth and higher wages with an average taxable income rising from $47,483.62 in 2013 to $64,959.21 in 2021. Despite median home values peaking modestly at $144,300 in 2022, the county remains attractive for investors due to relatively lower prices compared to state and national levels. Consistently rising real estate taxes from... Read more
Ralls County Market Trends
Ralls County, Missouri has experienced a modest rise in median home values, peaking at $144,300 in 2022. The relatively lower home prices compared to state and national averages may present attractive investment opportunities. Energy tax credits have fluctuated significantly, peaking at $3033.33 in 2018, hinting at increased homeowner investment in energy-efficient upgrades. Real estate taxes... Read more
Median Value of Occupied Housing Units in Ralls County, Missouri Over the Last 8 Years
Ralls County, Missouri has seen a gradual increase in median home values over the past eight years, peaking at $144,300 in 2022 after a slight dip in 2020 and 2021. Notably, this growth is more modest compared to state and national trends, where Missouri reached a median value of $199,400 and the U.S. hit $179,400 in the same year. For investors and potential homebuyers, Ralls County could present an appealing opportunity with relatively lower entry costs while still experiencing a steady upward trend in property value.
Residential Energy Tax Credit Per Tax Return in Ralls County, MO Over the Last 9 Years
Ralls County, Missouri, has seen a remarkable fluctuation in the average residential energy tax credit per tax return over the last nine years. The values have varied significantly, starting from $900.00 in 2013 and hitting a peak of $3033.33 in 2018. This general upward trend suggests a growing investment in energy-efficient home improvements, with notable jumps that imply increased homeowner participation or larger-scale energy-saving initiatives. This data can be particularly insightful for investors, property developers, and insurance agents as it indicates a potential increase in property value and a shifting landscape towards more sustainable living in the area.
Average Real Estate Taxes Per Tax Return in Ralls County, MO Over the Last 10 Years
Ralls County, Missouri has seen a noticeable increase in average real estate taxes per tax return over the past decade, with values rising from approximately $1,534 in 2012 to around $2,670 in 2021. This upward trend suggests a growing investment in local infrastructure or property values, making it an increasingly significant expense for current homeowners and prospective buyers. For investors and real estate agents, the consistent rise in taxes could indicate a robust market, though it also points to potential higher costs for property development and insurance.
Percentage of Farm Returns in Ralls County, MO Over the Last 10 Years
Ralls County, Missouri has seen a slight decline in the percentage of farm tax returns over the past decade, starting from about 10.48% in 2012 and dipping to around 8.20% in 2021. Such a trend could indicate changing economic conditions or shifts in agricultural activity within the county. For potential investors or new residents, this could be a signal of evolving land use and economic opportunities in the area. Farm tax returns in the context of this data refer to the filings by farmers, which can provide insights into the agricultural vitality and land use patterns, vital for understanding local economic trends and making informed property or business decisions.
Number of Mortgages by Occupancy Type in Ralls County, MO Over the Last 5 Years in Ralls County
Ralls County, Missouri has seen varying trends in mortgage counts by occupancy type over the last five years. Principal residences consistently dominate, with a noticeable peak in 2020 at 502 mortgages. Investment properties and second residences remain relatively stable, but note a slight uptick or downtrend in specific years. These shifts in occupancy types might suggest changing dynamics in local real estate preferences and investment strategies. For investors and real estate agents, understanding these variations can be key to identifying market opportunities and assessing the stability of residential demand. Potential homeowners and insurance agents may also be interested in these trends to gauge future property values and risk premiums in the area.
Economic Outlook
Ralls County, Missouri has experienced a notable rise in average taxable income, climbing from $47,483.62 in 2013 to $64,959.21 by 2021, indicating potential economic growth and higher wages. This could signal a robust real estate market with opportunities for investors, though residents might face rising living costs. Moreover, state and local income taxes have nearly doubled over the past decade, reflecting shifting economic factors or policy changes that could impact fiscal decisions. The... Read more
Average Taxable Income per Tax Return in Ralls County, MO over the last 9 years
Ralls County, Missouri has seen a steady increase in average taxable income per tax return over the past nine years. Starting at approximately $47,483.62 in 2013, the average income rose to about $64,959.21 by 2021. This upward trend, peaking notably between 2019 and 2021, might suggest growing economic opportunities and rising wages in the area. For real estate investors, appraisers, and others with a stake in the local economy, this could indicate potential for a robust market. However, for residents, it might point to increased living standards, albeit potentially coupled with rising living costs.
Average State and Local Income Taxes Per Tax Return in Ralls County, MO Over the Last 10 Years
Over the past decade, Ralls County, Missouri has generally seen a rising trend in average state and local income taxes per tax return, with notable increases from $4,509.21 in 2012 to $9,100.00 in 2021. The figures suggest a roughly steady growth with spikes in certain years, particularly between 2017 and 2021. These numbers might influence decisions for potential investors, homeowners, and individuals contemplating relocation to the area, indicating evolving economic factors and financial impacts. As taxes have climbed, it could reflect broader economic conditions or changes in local taxation policies affecting residents' fiscal responsibilities.
Average Total Tax Liability Per Tax Return in Ralls County, MO Over the Last 10 Years
Over the last decade, Ralls County, Missouri, has seen a notable upward trend in the average total tax liability per tax return. From 2012's $6,472.37 to 2021's $9,578.22, the county experienced steady growth with a few fluctuations, particularly a peak in 2017 and a dip in 2018. This increasing tax liability may suggest rising incomes and potentially increasing property values, which could be of interest to investors, real estate agents, and those considering moving to the area. The marked rise in 2021 highlights a significant change, possibly driven by economic shifts or new local policies.
Cost of Living in Ralls County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,055 | $1,355 | $2,501 | $965 | $1,336 |
| 1 adult 4 children | $1,055 | $1,107 | $1,918 | $965 | $1,419 |
| 2 adults 3 children | $1,055 | $1,107 | $2,168 | $965 | $1,072 |
| 1 adult 3 children | $1,055 | $904 | $1,584 | $965 | $1,128 |
| 2 adults 2 children | $858 | $906 | $1,835 | $832 | $915 |
| 1 adult 2 children | $858 | $677 | $1,251 | $832 | $835 |
| 2 adults 1 child | $858 | $716 | $1,501 | $400 | $813 |
| 1 adult 1 child | $858 | $463 | $917 | $400 | $674 |
| 2 adults | $652 | $575 | $1,168 | $0 | $670 |
| 1 adult | $632 | $314 | $584 | $0 | $587 |
Safety trends & Data
Over the last five years, Ralls County, Missouri has seen fluctuating trends in property crimes, with burglary peaking in 2019 at 9 cases and motor vehicle theft remaining consistently low, not exceeding 4 incidents annually. Larceny-theft spiked to 6 cases in 2020 before dropping, and fraud incidents were minimal. These variations in crime rates could impact property values, insurance premiums, and the overall appeal of real estate in the county, making them essential factors for investors,... Read more
Property Crime Trends in Ralls County, MO Over the Last 5 Years
Over the last five years, Ralls County, Missouri has seen fluctuating trends in property crimes. Burglary incidents peaked in 2019 with 9 reported cases, while motor vehicle theft remained relatively stable yet low across the years, never exceeding 4 incidents annually. Larceny-theft showed a noticeable spike in 2020 with 6 cases before considerably dropping in subsequent years. Fraud occurrences were minimal, with only sporadic reports. These trends are crucial for potential investors, property developers, and real estate agents to consider, as the variations in crime rates could impact property values, insurance premiums, and overall desirability of the county.
Demographics
Ralls County, Missouri shows a slightly higher population of males compared to females among adults. Educational attainment is largely skewed towards those with a high school diploma, with relatively few residents holding advanced degrees. Age distribution indicates a significant number of residents are in the 55 to 64-year age range, suggesting a potential trend towards an older demographic. The racial composition is overwhelmingly White, reflecting limited ethnic diversity in the... Read more
Race Distribution in Ralls County, Missouri (2022)
Educational Attainment in Ralls County, Missouri (2022)
Age Distribution in Ralls County, Missouri
Citizen Population in Ralls County, Missouri (2022)
Political Trends & Data
Ralls County, Missouri displayed a significant Republican preference in the 2020 U.S. Presidential Election, with approximately 77.60% of votes leaning towards Republican candidates. This may indicate a strong conservative sentiment in the area. By contrast, Democratic candidates received only about 21.30% support, and third-party candidates barely registered, with Libertarians getting roughly 0.90% and Greens around 0.10%. Such an overwhelming Republican dominance might influence local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Ralls County in Missouri showed a strong leaning towards Republican candidates in the 2020 U.S. Presidential Election, with approximately 77.6% of the votes. Democratic support was much lower, garnering around 21.3%, while third-party options like the Libertarians and Greens saw minimal backing, roughly 0.9% and 0.1% respectively. The dominance of the Republican vote could suggest a significant conservative presence or sentiment in the county.
77.64% of voters voted for the Republican party in the 2020 Presidential Election
21.28% of voters voted for the Democrat party in the 2020 Presidential Election
0.90% of voters voted for the Livertarian party in the 2020 Presidential Election
0.12% 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 Ralls County, Missouri, the student-to-teacher ratio has remained fairly stable over the past decade, fluctuating just below the national average of 14 students per teacher. This trend, with a slight increase from 13.13 in 2014 to 13.9 in 2023, could signal balanced educational dynamics. Families eyeing the area, real estate investors, and educational planners might find this stability appealing, as lower ratios can mean more personalized student attention, potentially boosting educational... Read more
Student-to-teacher ratio in Ralls County, Missouri over the last 10 years
In Ralls County, Missouri, the student-to-teacher ratio has exhibited fairly stable trends over the past decade, hovering just under the national average of 14 students per teacher. The ratio oscillated mildly from 13.13 in 2014 to a high of 13.9 by 2023, which may indicate modest increases in student counts or marginal adjustments in teacher staffing. This consistency could suggest a relatively balanced educational environment, which may matter to families considering moving to the area, investors in local real estate, and those involved in educational planning. Lower student-to-teacher ratios often imply more individualized attention for students, which may enhance educational outcomes and, by extension, property values.
