Kemper County Real Estate and Livability Trends
Kemper County, Mississippi has experienced a modest rise in average taxable income from $33,682.60 in 2013 to $38,255.73 in 2021, which might signal a stable economic base to potential investors. Median home values have increased from $66,000 in 2015 to $89,300 in 2022 but remain significantly lower than national and state averages, suggesting the region's affordability. The student-to-teacher... Read more
Kemper County Market Trends
Median home values in Kemper County, Mississippi have climbed from $66,000 in 2015 to $89,300 in 2022, yet remain well below the national figure of $179,400 and the state average of $151,000. Fluctuations in residential energy tax credits over the past nine years, peaking at $900.00 in 2018, may indicate a rise in energy-efficient home improvements, driven by local policies or economic... Read more
Median Value of Occupied Housing Units in Kemper County, Mississippi Over the Last 8 Years
Over the last 8 years in Kemper County, Mississippi, median home values have shown a general upward trend, peaking at $89,300 in 2022, which is a considerable increase from $66,000 in 2015. Compared to the national and Mississippi state trends, Kemper County's median values are significantly lower, with national figures reaching $179,400 and state figures hitting $151,000 by 2022. This disparity suggests that Kemper County might offer more affordable housing options, potentially appealing to budget-conscious homebuyers or investors seeking lower entry points into the housing market.
Residential Energy Tax Credit Per Tax Return in Kemper County, MS Over the Last 9 Years
Kemper County, Mississippi has seen significant fluctuation in average residential energy tax credits per tax return over the past nine years, peaking at $900.00 in 2018. The data indicates a notable increase since 2017, suggesting a growing awareness or investment in energy-efficient improvements. This uptick could reflect local policy incentives, improved economic conditions, or rising energy costs, making it a potentially appealing area for environmentally conscious investors, especially those considering energy-efficient renovations or new builds. Real estate agents might also find the increasing energy savings an attractive point for selling homes in the region.
Average Real Estate Taxes Per Tax Return in Kemper County, MS Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Kemper County, Mississippi, have fluctuated with minimums around $1009.09 in 2016 and peaks reaching $1425.00 in 2019. Investors and homeowners might find this significant as it points to a somewhat variable yet slowly rising cost trend, impacting affordability and long-term financial planning. This data could be crucial for appraisers and insurance agents assessing property values and coverage costs. Real estate professionals can leverage these insights to advise clients accurately on potential tax obligations and to strategize competitive pricing.
Percentage of Farm Returns in Kemper County, MS Over the Last 10 Years
Farm tax returns in Kemper County, Mississippi over the last decade have generally fluctuated around the 10% mark, showing some slight increases and decreases year over year. Peaks can be observed in 2013 and 2014 with returns of approximately 11.40% and 12.03%, respectively, while the lowest points are around 9.31% in 2016 and 9.28% in 2018. Understanding these trends can be valuable for potential investors and new property developers as they reflect the local agricultural economy's performance. Current residents and those interested in the area's economic health might find this information useful for making informed decisions.
Number of Mortgages by Occupancy Type in Kemper County, MS Over the Last 5 Years in Kemper County
Over the last five years, Kemper County, Mississippi has consistently seen a significantly higher number of mortgages for principal residences compared to investment properties and second residences. The number of principal residence mortgages peaked in 2021 with 177, while investment property and second residence mortgages remained relatively stable but low in comparison. This trend might suggest a predominantly residential community focused on owner-occupied housing, potentially affecting property value stability, market demand, and risk assessments for investors, insurers, real estate agents, and appraisers. First-time homeowners and those looking to invest should consider the dominant occupancy trends as they may influence future property appreciation and the community's overall growth direction.
Economic Outlook
Kemper County, Mississippi has seen a gradual rise in the average taxable income per tax return over the past nine years, growing from $33,682.60 in 2013 to $38,255.73 by 2021. This could indicate a potentially stable and growing economic base, which might appeal to investors and developers. The average state and local income taxes per tax return have fluctuated, hitting a low of $2,840.82 in 2017 and peaking at $3,633.33 in 2021, possibly reflecting changes in income levels and tax policies.... Read more
Average Taxable Income per Tax Return in Kemper County, MS over the last 9 years
Over the past nine years, Kemper County, Mississippi has seen a gradual increase in the average taxable income per tax return, starting at $33,682.60 in 2013 and rising to $38,255.73 by 2021. This steady upward trend suggests a potentially growing economic base, which might be appealing to investors and real estate developers. However, a relatively modest growth rate could signal a less volatile market, providing some stability for appraisers, insurance agents, and prospective homeowners. This may also interest those looking to relocate to an area with predictable income trends and economic stability.
Average State and Local Income Taxes Per Tax Return in Kemper County, MS Over the Last 10 Years
Over the last decade, Kemper County, Mississippi has seen a fluctuation in average state and local income taxes per tax return, ranging from a low of around $2,840.82 in 2017 to a peak of $3,633.33 in 2021. This variability could reflect changes in income levels, local economic conditions, and tax policies, making it important for potential investors, new residents, and property developers to consider these fiscal dynamics when planning their moves. Notably, the significant increase since 2018 suggests a trend that may continue, impacting overall cost of living and financial planning.
Average Total Tax Liability Per Tax Return in Kemper County, MS Over the Last 10 Years
Kemper County, Mississippi has seen fluctuating average total tax liabilities per tax return over the past decade, oscillating between approximately $3,900 and $4,500. This variability in tax liability could suggest shifts in economic conditions, property values, or changes in local tax policies. For potential homeowners or real estate investors, understanding these trends may help gauge the economic stability and fiscal policy landscape of the area. Similarly, appraisers and insurance agents might find this data useful when assessing the risk and value of properties in the region.
Cost of Living in Kemper County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,037 | $1,283 | $1,877 | $441 | $824 |
| 1 adult 4 children | $1,037 | $1,048 | $1,400 | $441 | $844 |
| 2 adults 3 children | $1,037 | $1,048 | $1,646 | $441 | $666 |
| 1 adult 3 children | $1,037 | $856 | $1,169 | $441 | $646 |
| 2 adults 2 children | $766 | $858 | $1,416 | $389 | $596 |
| 2 adults 1 child | $766 | $678 | $1,185 | $220 | $613 |
| 1 adult 2 children | $766 | $641 | $938 | $389 | $514 |
| 1 adult 1 child | $766 | $438 | $708 | $220 | $512 |
| 2 adults | $611 | $545 | $955 | $0 | $577 |
| 1 adult | $608 | $297 | $477 | $0 | $528 |
Safety trends & Data
Property crime trends in Kemper County, Mississippi have shown negligible changes over the past two years, with consistent incidents of vandalism. The stable count of just one recorded act per year suggests a low risk for investors and new residents worried about property crime. This stability could potentially influence insurance rates and provide a sense of security for appraisers and real estate agents evaluating the... Read more
Property Crime Trends in Kemper County, MS Over the Last 2 Years
Over the past two years, property crime trends in Kemper County, Mississippi have seen negligible changes, with incidents of vandalism remaining consistent. With a stable count of just one recorded act per year, the region may not indicate a high risk for investors or new residents worried about property crime. This relative steadiness could potentially impact insurance rates, and might suggest a reassuring environment for appraisers and real estate agents considering the area’s safety profile.
Demographics
Kemper County, Mississippi shows an almost equal gender distribution with males and females each representing about half of the adult population. Education levels vary widely, though a significant portion of residents have achieved at least a high school diploma, with fewer venturing into higher education. Age distribution trends reveal a fairly balanced spread across all age groups, possibly indicating a stable aging population. The overwhelming majority of the population identifies as Black... Read more
Race Distribution in Kemper County, Mississippi (2022)
Educational Attainment in Kemper County, Mississippi (2022)
Age Distribution in Kemper County, Mississippi
Citizen Population in Kemper County, Mississippi (2022)
Political Trends & Data
In Kemper County, Mississippi, Democrats appear to have a notable edge with around 61% of the 2020 U.S. Presidential Election vote share. Republicans follow with about 38%, reflecting a strong, albeit smaller, base. Minor parties like Libertarian and Green secured under 1%, indicating a predominantly two-party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Democrats seemed to have garnered a significant lead in Kemper County, Mississippi, with nearly 61% of the vote share in the 2020 U.S. Presidential Election. This could suggest a strong Democratic presence or preference among the electorate. Meanwhile, Republicans captured about 38% of the votes, indicating they also have a substantial base, but are trailing the Democrats by a noticeable margin. Minor parties like the Libertarian and Green parties had minimal impact, each securing less than 1% of the total votes, with other parties combined making up just over 0.8%. This voting pattern might imply a somewhat stable two-party system within the county.
37.77% of voters voted for the Republican party in the 2020 Presidential Election
61.02% of voters voted for the Democrat party in the 2020 Presidential Election
0.21% of voters voted for the Livertarian party in the 2020 Presidential Election
0.19% of voters voted for the Green party in the 2020 Presidential Election
0.80% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Kemper County, Mississippi, the student-to-teacher ratio has seen a steady decrease from a peak of 14 in 2016 to around 8 by 2023, significantly lower than the national average of 14 students per teacher. This trend suggests more individualized attention for students, potentially leading to better educational outcomes—a key factor that might drive property demand among families. Investors in educational infrastructure and real estate agents could see an uptick in interest, as lower ratios... Read more
Student-to-teacher ratio in Kemper County, Mississippi over the last 10 years
Over the past decade, the student-to-teacher ratio in Kemper County, Mississippi has fluctuated significantly, peaking at 14 in 2016 and then consistently decreasing to around 8 by 2023. This trend is notably lower than the national average of 14 students per teacher. These shifts could impact the region's desirability for families considering a move, investors in educational infrastructure, and appraisors evaluating property values. A lower student-to-teacher ratio often suggests more individualized attention for students, potentially indicating better educational outcomes—a factor that can influence property values and quality of life. For insurance agents, the quality of local schools might affect client profiles and risk assessments. Real estate agents might also find that properties in the area are more attractive to families prioritizing education.
