Vernon County Real Estate and Livability Trends
Vernon County, Missouri, has experienced notable growth in both average taxable income and median home values, suggesting a ripe real estate market. Residential energy tax credits see-sawed, peaking in 2018 at $2,300.00 per tax return, hinting at variable incentives for energy-efficient home upgrades. Property crimes showed significant declines in burglary rates but fluctuating trends in... Read more
Vernon County Market Trends
Vernon County, Missouri, saw a 40.85% rise in median home values from $90,800 in 2015 to $127,800 in 2022, still lagging behind Missouri's and national averages. Residential energy tax credits in the county showed volatility, especially peaking at $2,300.00 per tax return in 2018, indicating potential yet unpredictable incentives for energy-efficient upgrades. Real estate taxes jumped from... Read more
Median Value of Occupied Housing Units in Vernon County, Missouri Over the Last 8 Years
Vernon County, Missouri, saw its median home values rise from $90,800 in 2015 to $127,800 in 2022, reflecting a 40.85% increase. This local trend is still below Missouri's state average, which surged from $138,400 to $199,400 over the same period. Nationally, home values climbed from $125,500 to $179,400. Buyers and investors might find Vernon County appealing due to relatively lower property costs compared to both state and national levels, potentially suggesting room for future growth or offering more affordable entry points into home ownership.
Residential Energy Tax Credit Per Tax Return in Vernon County, MO Over the Last 9 Years
Residential energy tax credits in Vernon County, Missouri show notable fluctuations over the last nine years, with a significant spike in 2018 reaching $2,300.00 per tax return. This variability highlights a potential volatility in residential energy investments and incentives in the area. Investors and homeowners interested in energy-efficient upgrades might find these incentives appealing, but the unpredictable nature suggests a need for careful financial planning. Additionally, insurance agents and appraisers should consider these trends when evaluating property values and insurance premiums. Real estate agents and those looking to build could use this data to market homes with energy-efficient features as a potential cost-saving benefit for future residents.
Average Real Estate Taxes Per Tax Return in Vernon County, MO Over the Last 10 Years
Over the last decade, Vernon County, Missouri has seen a consistent upward trend in average real estate taxes per tax return. From $1,269.30 in 2012, the average increased to $2,343.75 by 2021. Notable jumps occurred from 2017 to 2018 with a nearly $500 increment, and a gradual rise continued through 2020-2021. This trend could imply rising property values, increased municipal funding needs, or changes in tax policy, making it an important consideration for potential investors, homebuyers, and real estate professionals.
Percentage of Farm Returns in Vernon County, MO Over the Last 10 Years
The percentage of farm tax returns in Vernon County, Missouri, has hovered around 13.2% to 13.8% over the past decade. Notable peaks in this trend occurred in 2018 at approximately 13.84% and slight dips in 2020 down to about 12.80%. Farm tax returns generally indicate the presence and economic contribution of agriculture within the county, making this a critical metric for potential investors, property developers, and residents. The fluctuations hint at the dynamic nature of the agricultural sector here, suggesting both stability and variable growth or contraction years.
Number of Mortgages by Occupancy Type in Vernon County, MO Over the Last 5 Years in Vernon County
Over the last five years, Vernon County, Missouri has seen a significant variance in the number of mortgages for principal residences, with a peak in 2021 and a noticeable decline in 2022. Investment properties have experienced a relatively steady increase, while second residences have maintained low but stable numbers. Changes in occupancy type can provide insights into whether an area is becoming more desirable for long-term living, rental opportunities, or vacation properties, which is valuable information for investors, real estate agents, insurance agents, and anyone considering moving to or building in the area.
Economic Outlook
The average taxable income per tax return in Vernon County, Missouri, has risen from $38,937.71 in 2013 to $48,759.81 in 2021, signaling a potentially strengthening local economy and increasing income levels. Concurrently, average state and local income taxes peaked at $6,828.57 in 2020 before slightly dropping to $6,200.00 in 2021, hinting at possible economic shifts or policy changes. The total tax liability per tax return has generally moved upward, reaching $6,271.43 in 2021 after some... Read more
Average Taxable Income per Tax Return in Vernon County, MO over the last 9 years
The average taxable income per tax return in Vernon County, Missouri has shown a general upward trend over the past nine years, starting at $38,937.71 in 2013 and increasing to $48,759.81 by 2021. This gradual increase could point to a potentially strengthening local economy and rising income levels, making the area potentially attractive for investors, property developers, and real estate agents. However, income levels alone do not provide the full economic picture, so appraisers and insurance agents may need to consider additional data for comprehensive assessments.
Average State and Local Income Taxes Per Tax Return in Vernon County, MO Over the Last 10 Years
Over the past decade, Vernon County in Missouri has seen a notable rise in average state and local income taxes per tax return. Starting at around $4,037.84 in 2012, there was a steady increase, peaking at $6,828.57 in 2020 before slightly dipping to $6,200.00 in 2021. These fluctuations could hint at economic changes or policy adjustments, making the region potentially interesting for investors evaluating tax implications.
Average Total Tax Liability Per Tax Return in Vernon County, MO Over the Last 10 Years
Over the past decade in Vernon County, Missouri, the average total tax liability per tax return has shown a fluctuating but generally upward trend, peaking at approximately $6,271.43 in 2021. Notably, from 2012 to 2016, there were consistent increases, with values rising from about $5,064.06 to around $5,610.82. Post-2016, the figures demonstrated some variability, dipping in 2018 to just over $5,411.90 before climbing again to recent highs. This general upward trend might reflect broader economic conditions or changing demographics, and it could be relevant for anyone interested in real estate, investment, or business in the area.
Cost of Living in Vernon County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,058 | $1,375 | $2,456 | $956 | $1,250 |
| 1 adult 4 children | $1,058 | $1,123 | $1,882 | $956 | $1,317 |
| 2 adults 3 children | $1,058 | $1,124 | $2,128 | $956 | $992 |
| 1 adult 3 children | $1,058 | $917 | $1,555 | $956 | $1,004 |
| 2 adults 2 children | $809 | $920 | $1,801 | $826 | $818 |
| 1 adult 2 children | $809 | $687 | $1,228 | $826 | $732 |
| 2 adults 1 child | $809 | $727 | $1,474 | $403 | $741 |
| 1 adult 1 child | $809 | $470 | $901 | $403 | $603 |
| 2 adults | $615 | $584 | $1,147 | $0 | $606 |
| 1 adult | $596 | $319 | $573 | $0 | $531 |
Safety trends & Data
Vernon County, Missouri's property crime trends have shown unexpected shifts over the past five years. Larceny-Theft incidents surged to 47.0 in 2018 before stabilizing around the low 20s. Burglary rates saw a significant dip from 31.0 in 2018 to single digits by 2020 and 2021. Motor Vehicle Theft displayed minor fluctuations, notably bottoming out at 2.0 in 2020. Vandalism rates, however, rose again to 20.0 by 2021 after some middle-year dips. These dynamics may offer vital insight for... Read more
Property Crime Trends in Vernon County, MO Over the Last 5 Years
Vernon County, Missouri has seen fluctuating property crime rates over the last five years, with significant variations in types of crimes. Larceny-Theft remains the most prevalent, peaking at 47.0 incidents in 2018 before dropping and then stabilizing around the low 20s. Burglary incidents showed a substantial decline from 31.0 in 2018 to single digits in 2020 and 2021. Motor Vehicle Theft oscillated with minor increases and decreases, hitting as low as 2.0 in 2020. Noticeably, Vandalism persisted with a fluctuating pattern, peaking at 29.0 in 2018, dipping in the middle years, then rising back up to 20.0 by 2021. These trends indicate a mix of ongoing challenges and areas of improvement, valuable for investors, property developers, and real estate professionals.
Demographics
In Vernon County, Missouri, the adult population skews slightly female, with females comprising a bit more than males. Educational attainment shows a significant portion of the population holding high school diplomas or some college experience, though there are fewer individuals with associate's, bachelor's, or graduate degrees. Age distribution reveals a prominently middle-aged demographic, with a noticeable number of individuals between 35 and 64 years. Racially, the county is predominantly... Read more
Race Distribution in Vernon County, Missouri (2022)
Educational Attainment in Vernon County, Missouri (2022)
Age Distribution in Vernon County, Missouri
Citizen Population in Vernon County, Missouri (2022)
Political Trends & Data
With approximately 77.9% of the votes in the 2020 U.S. Presidential Election swinging Republican, Vernon County, Missouri, appears to demonstrate a considerable conservative lean. The Democratic party captured about 20.7% of the vote, while other parties barely registered. This conservative trend could influence both buyer preferences and market dynamics, potentially affecting property values and demand for more traditionally styled... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Vernon County, Missouri, the 2020 U.S. Presidential Election results show a significant preference for the Republican party, which garnered approximately 77.9% of the votes. The Democratic party followed with about 20.7%, while the Libertarian and Green parties received minimal support, around 1.2% and 0.1%, respectively. These figures might suggest a strong conservative inclination among Vernon County voters, reflecting broader regional or local political attitudes.
77.90% of voters voted for the Republican party in the 2020 Presidential Election
20.72% of voters voted for the Democrat party in the 2020 Presidential Election
1.20% of voters voted for the Livertarian party in the 2020 Presidential Election
0.13% 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
Vernon County, Missouri's student-to-teacher ratio has remained favorable over the past decade, generally ranging from 8 to 10 students per teacher, compared to the national average of 14. Smaller class sizes could entice families seeking personalized educational attention, potentially driving demand in the local housing market. Real estate agents might leverage this data to highlight desirable educational settings, while appraisers and investors could see this trend as a positive demographic... Read more
Student-to-teacher ratio in Vernon County, Missouri over the last 10 years
Vernon County, Missouri has consistently seen a favorable student-to-teacher ratio over the past decade, typically falling between 8 and 10 students per teacher. Compared to the national average of 14 students per teacher, Vernon County boasts much smaller class sizes, which could suggest more personalized attention for students and potentially better educational outcomes. These figures might attract families moving for better schooling options, influence real estate agents highlighting desirable educational settings, and keep local appraisers, investors, and insurance agents mindful of this positive demographic trend.
