Randolph County Real Estate and Livability Trends
Randolph County, Missouri, might be seeing a strengthening local economy with average taxable income per tax return rising from $42,679.84 in 2013 to $59,469.51 in 2021. Median home values have jumped from $85,500 in 2015 to $131,200 in 2022, presenting an appealing entry point for affordable homeownership. Financial commitments are likely influenced by the substantial increase in tax... Read more
Randolph County Market Trends
In Randolph County, Missouri, median home values have surged from $85,500 in 2015 to $131,200 in 2022, underscoring this region as a cost-effective entry point for homebuyers compared to state and national medians. This rising trend, though more moderate than broader figures, presents an appealing investment opportunity amid overall housing market growth. Meanwhile, residential energy tax credits... Read more
Median Value of Occupied Housing Units in Randolph County, Missouri Over the Last 8 Years
Randolph County, Missouri, has experienced a steady rise in median home values over the past eight years, climbing from $85,500 in 2015 to $131,200 in 2022. This upward trend, while lower in absolute terms compared to the national and state medians, suggests a more affordable market for potential homebuyers or investors. By contrast, Missouri’s median value increased from $138,400 in 2015 to $199,400 in 2022, and the national median rose from $125,500 to $179,400 in the same period. This indicates that Randolph County might offer a lower-cost entry point into homeownership while still benefiting from the broader upward trend in property values seen nationally.
Residential Energy Tax Credit Per Tax Return in Randolph County, MO Over the Last 9 Years
Residential energy tax credits in Randolph County, Missouri have experienced significant fluctuations over the past nine years. The average credit per tax return varies notably, with spikes in 2015 at $1,192.31 and a dramatic increase in 2018 to $4,750.00. However, the following years show stabilization around $1,100.00. These changes might reflect varying levels of investment in energy-efficient upgrades and the impact of different federal and state incentives over the years. For potential investors, builders, and real estate agents, such trends could indicate evolving priorities in energy efficiency among homeowners in Randolph County.
Average Real Estate Taxes Per Tax Return in Randolph County, MO Over the Last 10 Years
Over the last decade, Randolph County, Missouri has seen a notable increase in average real estate taxes per tax return, with a dramatic spike around 2018, peaking at $3,082.14 in 2020. This upward trend, especially the sharp rise in recent years, may indicate escalating property values and rising assessments, reflecting a potentially lucrative environment for real estate investors. However, for those looking to move to the area, this could suggest increased living costs and impact the overall affordability. Appraisers and insurance agents might need to account for this volatility when evaluating properties and setting premiums.
Percentage of Farm Returns in Randolph County, MO Over the Last 10 Years
Over the last decade, Randolph County, Missouri, has seen small but notable fluctuations in the percentage of farm tax returns, hovering around 7.11% in 2012 and declining to approximately 6.38% in 2021. This variability might suggest changes in agricultural activity or shifts in economic factors affecting local farmers. Farm tax returns, which generally refer to income tax filings that include farm-related earnings and expenses, are an important indicator of the area's agricultural health. Such trends could be pivotal for individuals or businesses considering investments, property developments, or relocations in this region, as they imply the underlying economic conditions of the farming community. Understanding these percentages offers a glimpse into the stability and vitality of local agriculture, potentially informing decisions related to land use, community planning, and economic development.
Number of Mortgages by Occupancy Type in Randolph County, MO Over the Last 5 Years in Randolph County
The mortgage data in Randolph County, Missouri over the past five years illustrates a noticeable trend towards principal residences, with the highest number of mortgages each year within this category. Investment property mortgages have shown a steady increase, albeit at a significantly lower volume compared to principal residences, suggesting a growing interest in real estate investment. Mortgages for second residences remain consistently low, indicating limited demand for vacation or secondary homes in the area. These shifts matter as they guide real estate agents, investors, and developers in understanding market demands, potentially impacting property values, developmental focus, and insurance considerations. Knowing these trends assists in making informed decisions about where and how to invest or develop properties in this region.
Economic Outlook
Randolph County, Missouri has witnessed a notable rise in average taxable income per tax return, climbing from approximately $42,679.84 in 2013 to around $59,469.51 in 2021. This trend might indicate a strengthening local economy, drawing interest from investors, developers, and residents. The substantial increase in state and local income taxes, with jumps like $12,528.57 in 2019 and $18,506.90 in 2021, points to significant economic dynamics that could affect financial commitments.... Read more
Average Taxable Income per Tax Return in Randolph County, MO over the last 9 years
Randolph County, Missouri has experienced consistent growth in average taxable income per tax return over the past nine years, with the figure rising from approximately $42,679.84 in 2013 to about $59,469.51 in 2021. This upward trend may signal a strengthening local economy, potentially appealing to prospective investors, developers, and residents. Increasing incomes could correlate with higher property values and a more robust housing market, which could interest real estate agents and appraisers. Additionally, insurers might find this data useful when assessing risk and calculating premiums due to shifts in the economic landscape.
Average State and Local Income Taxes Per Tax Return in Randolph County, MO Over the Last 10 Years
Over the past decade, Randolph County in Missouri has seen a substantial increase in average state and local income taxes per tax return, highlighting significant changes that could impact potential investors and residents. Noteworthy spikes, such as the jump to $12,528.57 in 2019 and $18,506.90 in 2021, suggest dynamic economic factors influencing taxation. This data can signal either increased income, policy shifts, or both, making it essential for those considering financial commitments or residency to explore the underlying causes and trends.
Average Total Tax Liability Per Tax Return in Randolph County, MO Over the Last 10 Years
Over the last decade, average total tax liability per tax return in Randolph County, Missouri has seen general fluctuations, with notable increases in recent years. Starting at $6,302.16 in 2012, the figure stayed relatively consistent until a marked rise in 2014. A further upswing occurred in 2020 and significantly surged to $8,840.19 in 2021. This upward trend could suggest rising incomes or changing tax policies, potentially affecting investment decisions, real estate valuations, and property development in the area.
Cost of Living in Randolph County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,032 | $1,303 | $2,499 | $1,042 | $1,244 |
| 1 adult 4 children | $1,032 | $1,064 | $1,915 | $1,042 | $1,316 |
| 2 adults 3 children | $1,032 | $1,064 | $2,166 | $1,042 | $993 |
| 1 adult 3 children | $1,032 | $869 | $1,582 | $1,042 | $1,010 |
| 2 adults 2 children | $746 | $871 | $1,833 | $916 | $810 |
| 1 adult 2 children | $746 | $651 | $1,249 | $916 | $727 |
| 2 adults 1 child | $746 | $689 | $1,500 | $507 | $741 |
| 1 adult 1 child | $746 | $445 | $916 | $507 | $609 |
| 2 adults | $567 | $553 | $1,167 | $0 | $589 |
| 1 adult | $549 | $302 | $583 | $0 | $521 |
Safety trends & Data
Randolph County, Missouri's property crime rates have fluctuated notably over the last five years, with larceny-theft incidents spiking to 30.0 cases in 2018 before dropping to 10.0 cases by 2022. Burglary cases peaked at 24.0 in 2019 but also saw a significant dip to 10.0 cases by 2022. Motor vehicle theft has stayed relatively low, peaking at 6.0 cases in 2018 and decreasing to just 1.0 case by 2022. These trends could suggest a gradual improvement in property security, potentially making the... Read more
Property Crime Trends in Randolph County, MO Over the Last 5 Years
Randolph County, Missouri has seen fluctuating property crime rates over the past five years, with notable variations in specific crime categories. Larceny-theft incidents spiked in 2018 and 2019, reaching 30.0 and 29.0 cases respectively, but then saw a decline to just 10.0 cases in 2022. Burglary numbers were highest in 2019 with 24.0 cases but had reduced by over half to 10.0 cases by 2022. Instances of motor vehicle theft have generally remained low, peaking at 6.0 in 2018 and tapering to 1.0 in 2022. Overall, the data suggest some reduction in property crimes, which could be encouraging for potential investors and residents considering the area.
Demographics
Randolph County, Missouri's adult population shows a slight gender imbalance with around 870 more males than females. When it comes to education, the majority have at least a high school diploma, yet a significant portion—approximately 1,800 adults—lack a high school diploma. The population is mainly clustered in mid-range age groups, with notable concentrations in both the younger (under 10) and older (55-64) demographics. Racially, the county is predominantly white, with African Americans... Read more
Race Distribution in Randolph County, Missouri (2022)
Educational Attainment in Randolph County, Missouri (2022)
Age Distribution in Randolph County, Missouri
Citizen Population in Randolph County, Missouri (2022)
Political Trends & Data
In Randolph County, Missouri, the 2020 U.S. Presidential Election results leaned heavily Republican, with nearly 75% of votes cast for the GOP. Democrats captured around 23%, while minor parties collectively amassed less than 3%. This distribution might indicate a strong conservative presence in the local electorate, mirroring broader rural trends in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Randolph County, Missouri, the 2020 U.S. Presidential Election results suggest a significant lean toward the Republican party, which garnered nearly 75% of the vote. The Democratic party trailed far behind with around 23%. Minor parties, including the Libertarian and Green parties, along with other affiliations, captured comparably negligible percentages, collectively under 3%. This distribution could indicate a strong conservative presence in the local electorate, reflecting broader trends observed in rural areas of the state.
74.63% of voters voted for the Republican party in the 2020 Presidential Election
23.13% of voters voted for the Democrat party in the 2020 Presidential Election
1.86% 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
0.13% of voters voted for the Other party in the 2020 Presidential Election
School Data
Randolph County, Missouri, has seen its student-to-teacher ratio steadily drop from about twelve per teacher in 2014 to around nine to ten recently. This trend could mean more personalized education compared to the national average of fourteen students per teacher. For families, it suggests better educational attention, and for real estate stakeholders, it could be a compelling selling point. Lower ratios may reflect strong community backing for education, making properties possibly more... Read more
Student-to-teacher ratio in Randolph County, Missouri over the last 10 years
Over the last decade, the student-to-teacher ratio in Randolph County, Missouri, has consistently decreased from approximately twelve students per teacher in 2014 to below ten in recent years. With a ratio now hovering around nine to ten students per teacher, this county provides a more personalized educational experience compared to the national average of fourteen students per teacher. For families considering a move, this trend suggests more individual attention for students, potentially leading to better educational outcomes. For investors, real estate agents, and developers, this could be a selling point for properties in the area. Meanwhile, appraisers and insurance agents might note that lower ratios can indicate strong community support for education, potentially making properties more attractive.
