Sullivan County Real Estate and Livability Trends
Sullivan County, Missouri has shown intriguing economic dynamics with average taxable income rising to $44,838 by 2021, signaling potential economic improvement. Median home values hit $91,400 in 2022, with increasing real estate taxes and utility credits suggesting a focus on energy efficiency. Low student-to-teacher ratios below the national average might make it appealing for families... Read more
Sullivan County Market Trends
Sullivan County, Missouri has experienced fluctuating median home values, achieving $91,400 in 2022, up from $75,600 in 2020, yet still below state and national medians. Real estate taxes have generally trended upwards, reaching $2,266.67 in 2021, indicating higher costs of ownership. Additionally, residential energy tax credits have varied significantly, with peaks suggesting times of increased... Read more
Median Value of Occupied Housing Units in Sullivan County, Missouri Over the Last 8 Years
Sullivan County, Missouri, has seen a fluctuating trend in median home values over the past eight years, culminating in a notable increase to $91,400 in 2022 from $75,600 in 2020. Although these values remain significantly below Missouri's state median of $199,400 and the national median of $179,400 for the same year, the recent uptick could signal growing interest or investment potential in the area. This disparity suggests Sullivan County may offer more affordable opportunities relative to broader markets, appealing to those looking for lower entry points into property investment or home ownership.
Residential Energy Tax Credit Per Tax Return in Sullivan County, MO Over the Last 8 Years
Over the last eight years, Sullivan County, Missouri has seen significant fluctuations in the average residential energy tax credit per tax return, with amounts ranging from $225.00 to $1,100.00. Noteworthy peaks in 2016 and 2020 suggest periods of increased energy-efficient investments or changes in tax policies favoring such credits. These trends could signal opportunities for real estate agents and investors focusing on energy-efficient homes, while appraisers and insurance agents might need to consider these variations when evaluating properties in the region.
Average Real Estate Taxes Per Tax Return in Sullivan County, MO Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Sullivan County, Missouri have shown a general upward trend. Starting at $1,255.00 in 2012, there was a slight dip and recovery, followed by a notable increase from 2018 onward, peaking at $2,266.67 in 2021. This suggests a rising cost of property ownership in the area, which could impact decisions for potential investors, appraisers, and real estate agents considering the county's growth and property value trends.
Percentage of Farm Returns in Sullivan County, MO Over the Last 10 Years
In Sullivan County, Missouri, the percentage of farm returns has seen subtle but noticeable changes over the last decade, with fluctuations between approximately 20.71% and 18.36%. Farm tax returns, which reflect the financial contributions of agricultural operations through their annual reports to taxing authorities, might offer a glimpse into the economic health and activity levels within the agricultural sector. A decrease in farm returns could indicate shifting economic conditions, potentially influencing investment decisions, property values, and local employment opportunities. For potential investors or new residents, understanding these trends might help in assessing the vitality of Sullivan County's farm economy before making any significant commitments.
Number of Mortgages by Occupancy Type in Sullivan County, MO Over the Last 5 Years in Sullivan County
Sullivan County, Missouri has seen a steady rise in mortgages for principal residences, peaking at 121 in 2020 and maintaining over 100 annually. Investment property and second residence mortgages have remained consistently low in comparison, with minor fluctuations. These occupancy trends suggest a strong local demand for owner-occupied housing, which is critical for real estate agents and investors looking to gauge market stability. Understanding these dynamics aids appraisers in accurate property valuation and informs insurance agents about potential risk profiles. Additionally, developers can align projects to meet dominant preferences, and those interested in moving can expect a community largely composed of long-term residents rather than transient populations.
Economic Outlook
Sullivan County, Missouri, has seen a general rise in average taxable income per tax return, climbing from around $35,963 in 2013 to $44,838 by 2021, pointing to potential economic improvement. Fluctuations in state and local income taxes, with a peak at $6,200.00 in 2019, reflect the dynamic economic environment influenced by policy changes. The total tax liability per tax return has also shown an overall increase, reaching about $5,562.12 in 2021, indicating evolving financial commitments... Read more
Average Taxable Income per Tax Return in Sullivan County, MO over the last 9 years
Over the past nine years, Sullivan County, Missouri, has shown a general upward trend in average taxable income per tax return. Starting at approximately $35,963 in 2013, the figure dipped slightly in 2014 before rising steadily in subsequent years, reaching $44,838 by 2021. This growth trend could indicate improving economic conditions and might be compelling for investors, real estate agents, and prospective residents looking for a stable and potentially lucrative market. Higher average income levels may also impact property values and insurance rates, making it a point of interest for appraisers and insurance agents.
Average State and Local Income Taxes Per Tax Return in Sullivan County, MO Over the Last 10 Years
Over the last decade, Sullivan County, Missouri has experienced noticeable fluctuations in average state and local income taxes per tax return, peaking at $6,200.00 in 2019. The lowest point was $3,736.84 in 2012. Generally, there seems to be an upward trend, with significant increases in particular years, which could be reflective of the local economic conditions and policy changes. Such variations in tax burdens might impact decisions to invest, build, or move to the area, indicating a possibly dynamic economic environment.
Average Total Tax Liability Per Tax Return in Sullivan County, MO Over the Last 10 Years
Over the last decade, Sullivan County, Missouri, has exhibited fluctuating yet overall increasing trends in average total tax liability per tax return. Starting in 2012, the tax liability was around $4,114.36 and saw a notable rise to approximately $5,086.67 in 2013. After some variation, the figure peaked in 2021 at roughly $5,562.12. This information may be particularly relevant for potential investors and homeowners assessing long-term financial commitments, as well as real estate agents and appraisers who need a sense of the county's evolving financial landscape. The variability and overall upward trend in tax liabilities could impact property valuation and investment return calculations.
Cost of Living in Sullivan County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $947 | $1,395 | $2,501 | $948 | $1,257 |
| 1 adult 4 children | $947 | $1,140 | $1,918 | $948 | $1,324 |
| 2 adults 3 children | $947 | $1,140 | $2,168 | $948 | $996 |
| 1 adult 3 children | $947 | $931 | $1,584 | $948 | $1,006 |
| 2 adults 2 children | $746 | $933 | $1,835 | $827 | $838 |
| 1 adult 2 children | $746 | $697 | $1,251 | $827 | $758 |
| 2 adults 1 child | $746 | $738 | $1,501 | $432 | $767 |
| 1 adult 1 child | $746 | $476 | $917 | $432 | $629 |
| 2 adults | $567 | $593 | $1,168 | $0 | $628 |
| 1 adult | $499 | $323 | $584 | $0 | $537 |
Safety trends & Data
Sullivan County, Missouri has seen inconsistent property crime trends, with a notable peak in larceny-theft cases in 2020, hitting 14 reported incidents. Burglary remained fairly stable, fluctuating between 2 and 4 cases yearly. New crime categories like motor vehicle theft and vandalism emerged in 2020 but were minimally reported. These shifts may influence real estate advice for prospective homeowners and appraisals of property... Read more
Property Crime Trends in Sullivan County, MO Over the Last 5 Years
Sullivan County, Missouri has experienced fluctuating property crime trends over the past five years. A significant spike in larceny-theft occurred in 2020, reaching 14 reported cases, while burglary incidents remained relatively stable, varying between 2 and 4 cases annually. Interestingly, new categories such as motor vehicle theft and vandalism appeared in 2020 but saw limited cases. These shifts highlight possible changes in criminal behavior and could be pivotal for real estate agents advising prospective homeowners and appraisers assessing property values.
Demographics
Sullivan County, Missouri's adult population skews almost equally between males and females. The educational attainment reveals a notable majority with at least a high school diploma, while a smaller segment holds higher education degrees. Age distribution indicates a relatively balanced spread across various age groups, but there's a hint of an aging population with a considerable number of individuals 55 years and older. Racial demographics show an overwhelming majority of the population... Read more
Race Distribution in Sullivan County, Missouri (2022)
Educational Attainment in Sullivan County, Missouri (2022)
Age Distribution in Sullivan County, Missouri
Citizen Population in Sullivan County, Missouri (2022)
Political Trends & Data
Sullivan County, Missouri, exhibits a strong Republican preference, with nearly 80% of the votes in the last presidential election going to the Republican party. Democrats trailed significantly, capturing just under 20%, while third-party candidates were almost negligible, accounting for less than 1%. The stark political inclination could underscore a deeply rooted conservative culture, potentially influencing local priorities and the real estate market's demographic... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Sullivan County, Missouri, saw a significant majority leaning towards the Republican party, capturing almost 80% of the votes, whereas the Democrats garnered just under 20%. The Libertarian, Green, and other parties received a combined share that barely reached 1%, indicating a strong traditional tilt toward Republican candidates. This might suggest a deeply ingrained political culture in the region, where third-party influence is minimal, reflecting possible long-standing priorities and values among the voters.
79.89% of voters voted for the Republican party in the 2020 Presidential Election
19.34% of voters voted for the Democrat party in the 2020 Presidential Election
0.57% of voters voted for the Livertarian party in the 2020 Presidential Election
0.08% of voters voted for the Green party in the 2020 Presidential Election
0.12% of voters voted for the Other party in the 2020 Presidential Election
School Data
Sullivan County, Missouri, has consistently maintained student-to-teacher ratios well below the national average, and they've decreased from about 10 students per teacher in 2014 to under 9 recently. Smaller classroom sizes can enhance personalized learning and individual attention, potentially making Sullivan County appealing for families prioritizing education. These factors may also attract real estate investors and builders focusing on young families or educational... Read more
Student-to-teacher ratio in Sullivan County, Missouri over the last 10 years
Over the past decade, Sullivan County, Missouri, has consistently maintained a student-to-teacher ratio significantly lower than the national average of 14 students per teacher. Ratios have gradually decreased from around ten students per teacher in 2014 to below nine in recent years. This trend indicates smaller classroom sizes, which could benefit personalized learning and individual attention, potentially making Sullivan County an attractive location for families prioritizing education and for investors interested in expanding educational facilities. These dynamics might also appeal to real estate agents and builders targeting young families or educational professionals.
