Ripley County Real Estate and Livability Trends
Ripley County, Missouri is experiencing notable economic and real estate trends that might interest potential investors and homeowners. Average taxable incomes have risen significantly, hitting $43,334.01 in 2021. Similarly, median home values have increased to $103,700 by 2022, although this still remains below both Missouri and national averages, suggesting more affordable housing. Real estate... Read more
Ripley County Market Trends
Ripley County, Missouri has seen its median home values rise from $80,800 in 2015 to $103,700 in 2022. This still lags behind both Missouri’s average of $199,400 and the national average of $179,400, suggesting more affordable housing options. Residential energy tax credits there have varied, with peaks around $533.33 in 2016 and 2021, potentially pointing toward promising periods for green... Read more
Median Value of Occupied Housing Units in Ripley County, Missouri Over the Last 8 Years
Ripley County, Missouri has shown a consistent rise in median home values over the past 8 years, from $80,800 in 2015 to $103,700 in 2022. Despite this increase, these values still trail significantly behind both Missouri’s and the national averages. Compared to Missouri’s jump from $138,400 to $199,400 and the national increase from $125,500 to $179,400 in the same period, Ripley County offers more affordable housing options. This trend suggests a potentially lucrative opportunity for investors and those seeking lower-cost housing within the state or nation.
Residential Energy Tax Credit Per Tax Return in Ripley County, MO Over the Last 6 Years
Residential energy tax credits in Ripley County, Missouri have shown variation over the past six years, suggesting fluctuating investment in energy-efficient home improvements. Notable spikes in 2016 and 2021, each reaching approximately $533.33 per return, might hint at increased incentives or uptake during those periods. This could be informative for investors, real estate agents, and builders looking to capitalize on potential trends in green home improvements, as well as appraisers and insurance agents assessing property value and risk.
Average Real Estate Taxes Per Tax Return in Ripley County, MO Over the Last 10 Years
Over the past decade, real estate taxes in Ripley County, Missouri, have displayed a generally upward trend, with notable variances peaking most significantly in recent years. While taxes hovered around $1,000.00 from 2012 to 2016, a sharp increase occurred in 2018 with taxes rising to $1,075.00. The most dramatic swings happened in 2019 and 2021, where taxes surged to $1,544.44 and $1,571.43 respectively. These fluctuations could indicate changing property values or shifts in local tax policies, which matters for potential investors, homebuyers, and real estate professionals scrutinizing local tax trends for future financial planning.
Percentage of Farm Returns in Ripley County, MO Over the Last 10 Years
Over the past decade, farm tax returns in Ripley County, Missouri have shown slight fluctuations, peaking at roughly 9.04% in 2017 and dipping to about 7.47% in 2021. This is significant for potential investors and residents since it suggests a modest yet noticeable shift in the agricultural sector's economic presence. Understanding these trends can offer insights into local economic conditions and potential opportunities for land use or agribusiness ventures.
Number of Mortgages by Occupancy Type in Ripley County, MO Over the Last 5 Years in Ripley County
The trends in Ripley County, Missouri over the last five years show notable year-to-year changes in mortgage counts for principal residences, investment properties, and second homes. Principal residences have consistently had the highest number of mortgages, peaking significantly in 2021 with 558. Investment property mortgages have shown smaller fluctuations, with a slight increase from 38 in 2021 to 49 in 2022. Mortgages for second residences have remained relatively stable but low, reaching a high of 27 in 2021. Changes in occupancy type can hint at shifting market preferences and economic conditions. A rise in investment properties may indicate growing interest from investors, potentially driving up property values and affecting community demographics, which can be insightful for investors, appraisers, and real estate agents.
Economic Outlook
Ripley County, Missouri boasts an upward trend in average taxable income per tax return, climbing from $33,383.14 in 2013 to $43,334.01 in 2021. State and local income taxes have also surged, notably from $4,113.73 in 2017 to $6,128.57 in 2021. These patterns, coupled with a fluctuating yet overall increasing total tax liability—from $4,318.48 in 2012 to $5,525.42 in 2021—suggest potential economic growth but also rising costs for residents and investors. This dynamic could be pivotal for... Read more
Average Taxable Income per Tax Return in Ripley County, MO over the last 9 years
Ripley County, Missouri has seen a steady increase in average taxable income per tax return over the past nine years. The jump from $33,383.14 in 2013 to $43,334.01 in 2021 signifies potential economic growth, making it an intriguing option for investors and real estate agents. This upward trend could also influence property values, insurance rates, and appraisals, providing significant gains for homeowners and developers.
Average State and Local Income Taxes Per Tax Return in Ripley County, MO Over the Last 10 Years
Average state and local income taxes per tax return in Ripley County, Missouri have shown an upward trajectory over the last decade, with significant increases since 2018. The steepest hike occurred from 2017 to 2018, jumping from around $4113.73 to $5471.43. As of 2021, this figure has escalated further to $6128.57. This trend could have implications for potential investors or residents considering the tax landscape, which appears to be becoming more burdensome over time.
Average Total Tax Liability Per Tax Return in Ripley County, MO Over the Last 10 Years
The trend over the last decade shows that the average total tax liability per tax return in Ripley County, Missouri has generally fluctuated but saw a notable increase from around $4,318.48 in 2012 to $5,525.42 in 2021. This steady rise, punctuated by dips in some years, suggests a gradual increase in taxable income or tax rates, making it crucial information for potential investors, home buyers, or financial professionals assessing property values and financial planning in the area. The sharp increase in 2021 could particularly impact decisions regarding taxation and investment strategies.
Cost of Living in Ripley County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $940 | $1,247 | $2,153 | $839 | $1,033 |
| 1 adult 4 children | $940 | $1,018 | $1,648 | $839 | $1,106 |
| 2 adults 3 children | $940 | $1,018 | $1,867 | $839 | $827 |
| 1 adult 3 children | $940 | $831 | $1,362 | $839 | $822 |
| 2 adults 2 children | $746 | $834 | $1,581 | $717 | $709 |
| 1 adult 2 children | $746 | $623 | $1,076 | $717 | $629 |
| 2 adults 1 child | $746 | $659 | $1,295 | $321 | $657 |
| 1 adult 1 child | $746 | $426 | $790 | $321 | $546 |
| 2 adults | $567 | $529 | $1,009 | $0 | $564 |
| 1 adult | $549 | $289 | $505 | $0 | $514 |
Safety trends & Data
Ripley County, Missouri has seen variable property crime trends over the past five years, potentially indicating broader socio-economic changes or effective law enforcement strategies. Burglary incidents peaked at 13 in 2019 but dropped dramatically to just 1 by 2021. Larceny-Theft also saw a significant decline from 15 cases in 2018 to only 2 in 2021. Motor Vehicle Theft remained relatively stable, with minor fluctuations, peaking at 5 incidents in 2020. These shifts provide crucial insights... Read more
Property Crime Trends in Ripley County, MO Over the Last 5 Years
Ripley County, Missouri has seen significant fluctuations in property crimes over the past five years. Burglary incidents hit a peak in 2019 with 13 reported cases but dropped to just 1 in 2021. Larceny-Theft cases saw a dramatic decrease from 15 in 2018 to only 2 by 2021. Interestingly, Motor Vehicle Theft has remained relatively steady, with slight increases and decreases, peaking at 5 incidents in 2020. These shifting patterns might reflect broader socio-economic changes or successful law enforcement strategies, offering insights for real estate agents and investors on neighborhood safety dynamics and potential risks.
Demographics
Ripley County, Missouri's largely homogeneous population shows a significant majority identifying as White. Education levels reveal that a considerable portion of the population has only attained high school education or some college without a degree, which might impact economic opportunities and community services. The age distribution hints at a balanced mix of young adults, working-age individuals, and seniors, possibly influencing the local economy and the demand for diverse services.... Read more
Race Distribution in Ripley County, Missouri (2022)
Educational Attainment in Ripley County, Missouri (2022)
Age Distribution in Ripley County, Missouri
Citizen Population in Ripley County, Missouri (2022)
Political Trends & Data
Ripley County, Missouri leans heavily Republican, with around 84.6% of the vote in the 2020 U.S. Presidential Election. Democrats lag behind at approximately 14.6%, and support for Libertarian and Green parties barely hits 1%. This political pattern indicates a strong Republican presence, mirroring trends seen in rural... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Republicans likely dominate in Ripley County, Missouri, securing around 84.6% of the vote in the 2020 U.S. Presidential Election. Democrats seem to trail significantly with approximately 14.6% of the vote. The Libertarian and Green parties gather minimal support, each barely reaching 1%, while other parties collectively barely register. This distribution suggests that Ripley County might be a stronghold for Republican support, reflecting broader political inclinations in rural Missouri.
84.64% of voters voted for the Republican party in the 2020 Presidential Election
14.57% of voters voted for the Democrat party in the 2020 Presidential Election
0.59% 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
0.07% of voters voted for the Other party in the 2020 Presidential Election
School Data
Ripley County, Missouri is seeing a consistent drop in student-to-teacher ratios, now under 10 students per teacher as of 2023, well below the national average of 14. This trend might draw families seeking personalized education, subsequently increasing housing demand and potentially driving up property values. For investors and developers, the area's focus on education could signal a stable, possibly growing population, making it an attractive market. This data is crucial for appraisers and... Read more
Student-to-teacher ratio in Ripley County, Missouri over the last 10 years
Ripley County, Missouri has consistently maintained a lower student-to-teacher ratio compared to the national average of fourteen students per teacher, with a downward trend from 11 in 2014 to just under 10 in 2023. This sustained lower ratio could potentially attract families seeking more personalized attention and support for their children, which in turn may influence local real estate markets by increasing demand for housing. For investors and developers, this trend signals a stable and possibly growing population that values education, which could drive up property values. Lower student-to-teacher ratios are also important data for appraisers and insurance agents assessing the community's appeal and predict future educational funding needs.
