Coffey County Real Estate and Livability Trends
Coffey County, Kansas has seen notable trends in its real estate market. Median home values climbed from $102,000 in 2015 to $131,200 in 2022, presenting a more accessible entry point for homebuyers or investors compared to state and national averages. Mortgage originations for principal residences spiked in 2021, while investment property mortgages fell, indicating shifting buyer priorities.... Read more
Coffey County Market Trends
Coffey County, Kansas has witnessed a rise in median home values from $102,000 in 2015 to $131,200 in 2022, trailing behind state and national averages. This could indicate a more accessible entry point for homebuyers or investors compared to broader markets. Residential energy tax credits saw notable peaks, such as $1133.33 in 2020, suggesting fluctuations in energy-efficient home improvements.... Read more
Median Value of Occupied Housing Units in Coffey County, Kansas Over the Last 8 Years
Coffey County, Kansas has seen its median home values increase from $102,000 in 2015 to $131,200 in 2022. This growth in home values might appear relatively steady, yet it lags behind the state of Kansas, where median values rose to $189,300 in 2022, and the national median of $179,400. This discrepancy could suggest that Coffey County presents a more accessible entry point for potential investors or homebuyers looking for relatively lower property prices in comparison to broader state and national markets.
Residential Energy Tax Credit Per Tax Return in Coffey County, KS Over the Last 8 Years
Over the last eight years, Coffey County, Kansas, has seen significant fluctuations in the average residential energy tax credit per tax return. Notably, there was a peak in 2020 at $1133.33, suggesting a possible surge in energy-efficient home improvements or installations. 2016 and 2019 also saw relatively high averages of $955.56 and $766.67, respectively. However, the dramatic drop to $250.00 in 2021 might indicate either a reduction in energy-efficient upgrades or changes in tax credit availability or eligibility. This variability could be crucial for investors, real estate planners, and builders looking to understand local incentives for sustainable living practices.
Average Real Estate Taxes Per Tax Return in Coffey County, KS Over the Last 10 Years
Over the last decade, Coffey County, Kansas has seen a general upward trend in average real estate taxes per tax return. Beginning at approximately $1,957.89 in 2012, taxes steadily rose annually, peaking around $2,885.71 in 2020 before settling at $2,666.67 in 2021. This gradual increase might suggest growing property values or fiscal policies affecting homeowners, which could be of particular interest to prospective investors, appraisers, and real estate agents looking to understand the market dynamics and cost implications for residents.
Percentage of Farm Returns in Coffey County, KS Over the Last 10 Years
Farm tax returns in Coffey County, Kansas, over the last decade reveal some interesting trends. In 2012, around 13.67% of returns were farm-related, which saw a slight dip to 13.20% in 2013, and fluctuated marginally between 13.27% and 12.46% until 2021, where the figure settled at approximately 12.49%. Slight decreases in farm returns may suggest a shift in the local economy or farming practices. These figures might be indicative for those looking to invest in agricultural property or start farm-based businesses in the area, aligning with local economic conditions and offering a glimpse into Coffey County's evolving agrarian landscape.
Number of Mortgages by Occupancy Type in Coffey County, KS Over the Last 5 Years in Coffey County
Over the past five years, Coffey County, Kansas has seen fluctuations in mortgage originations across different occupancy types. Principal residences dominate the market, with a notable peak in 2021 at 315 mortgages, which might be tied to broader housing market trends or local economic factors. Investment properties have seen a significant drop from 27 mortgages in 2019 to only 8 in 2022, suggesting a potential shift in the local real estate landscape that could affect property values and investment returns. Changes in second residences remained relatively minor but reflect trends that could influence insurance rates and appraisal values. Understanding these shifts is crucial for stakeholders like investors, real estate agents, and insurers to gauge the area's market dynamics and forecast future opportunities or risks.
Economic Outlook
Coffey County, Kansas has experienced significant fluctuations in average taxable income per tax return over the past decade, notably peaking at $66,357.22 in 2021. This increase could hint at a stronger local economy or rising employment prospects. Interestingly, average state and local income taxes also surged, particularly from $6,404.44 in 2012 to $9,166.67 in 2020, likely influenced by changes in economic conditions or tax policies. Additionally, the total tax liability has seen... Read more
Average Taxable Income per Tax Return in Coffey County, KS over the last 9 years
Over the past nine years, Coffey County, Kansas has seen some variability in average taxable income per tax return, with a notable uptick in recent years. In 2021, the average taxable income peaked at $66,357.22, showing a significant jump from earlier years like 2013, which recorded $57,154.03. Investors and potential residents might find this trend indicative of a stronger local economy or more lucrative employment opportunities. Despite some fluctuations, the general upward trend suggests a potential for stable property values and a growing market.
Average State and Local Income Taxes Per Tax Return in Coffey County, KS Over the Last 10 Years
Over the past decade, Coffey County in Kansas has seen fluctuations in average state and local income taxes per tax return, with a notable increase from $6,404.44 in 2012 to a peak of $9,166.67 in 2020. From 2018 onwards, the tax levels surged, signaling a possible shift in economic conditions or tax policies that prospective residents and investors may find significant. This trend may impact decisions on relocating, investing in properties, or starting businesses within the county.
Average Total Tax Liability Per Tax Return in Coffey County, KS Over the Last 10 Years
Average total tax liability per tax return in Coffey County, Kansas has seen ups and downs over the past decade, fluctuating from a high of $9,771.79 in 2021 to a low of $8,211.34 in 2020. This trend suggests a somewhat unpredictable tax burden, potentially impacting residents' cost of living and disposable income. Investors and those considering relocating or building in Coffey County might find these variations noteworthy when evaluating financial commitments and budgeting for the future.
Cost of Living in Coffey County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,038 | $1,399 | $1,857 | $966 | $1,090 |
| 1 adult 4 children | $1,038 | $1,143 | $1,420 | $966 | $1,193 |
| 2 adults 3 children | $1,038 | $1,143 | $1,611 | $966 | $875 |
| 1 adult 3 children | $1,038 | $933 | $1,174 | $966 | $949 |
| 2 adults 2 children | $788 | $936 | $1,366 | $837 | $766 |
| 1 adult 2 children | $788 | $699 | $928 | $837 | $711 |
| 2 adults 1 child | $788 | $740 | $1,120 | $419 | $731 |
| 1 adult 1 child | $788 | $478 | $683 | $419 | $619 |
| 2 adults | $662 | $594 | $874 | $0 | $654 |
| 1 adult | $578 | $324 | $437 | $0 | $543 |
Safety trends & Data
Property crime in Coffey County, Kansas, has seen some noteworthy changes over the past five years. Larceny-theft incidents have risen sharply, peaking at 15 in 2022 from just 1 in 2018. Vandalism also spiked in 2021 with 5 incidents, though it's typically more erratic. Burglary rates have stayed fairly stable, but there's been a sporadic rise in fraud and motor vehicle theft. These trends could influence decisions for potential investors, real estate agents, and new residents, providing... Read more
Property Crime Trends in Coffey County, KS Over the Last 5 Years
Property crime in Coffey County, Kansas, has shown some notable variations over the past five years. Reports of larceny-theft have notably increased, peaking at 15 incidents in 2022, compared to just 1 in 2018. Vandalism incidents are relatively erratic but reached their highest point in 2021 with 5 incidents. Burglary rates have remained relatively constant, with slight fluctuations, while newer concerns like fraud and motor vehicle theft have emerged sporadically. Potential investors, real estate agents, and those looking to move might need to consider these trends as they reflect on the safety and security environment of the area.
Demographics
Coffey County, Kansas, reveals a nearly equal male and female adult population, suggesting balanced gender representation. Around half of the adults have education beyond high school, but there is a notable segment still without a diploma. The age distribution indicates a pronounced middle-aged segment (45 to 64 years) and a smaller young adult population (20 to 24 years). The racial demographic is predominantly White, with minimal representation from other... Read more
Race Distribution in Coffey County, Kansas (2022)
Educational Attainment in Coffey County, Kansas (2022)
Age Distribution in Coffey County, Kansas
Citizen Population in Coffey County, Kansas (2022)
Political Trends & Data
Coffey County, Kansas, saw roughly 76% of its votes go to the Republican candidate in the 2020 U.S. Presidential Election, with Democrats garnering around 21% and Libertarians capturing about 2.5%. This points to a strong Republican preference, mirroring the broader political landscape in rural... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Coffey County, Kansas, the 2020 U.S. Presidential Election results suggest that a significant majority may have leaned Republican, with approximately 76% of the vote. The Democrat vote share might have been around 21%, indicating relatively lower support compared to Republicans. Libertarian presence appears minimal at about 2.5%, with no notable support for the Green Party or other candidates. This likely underscores a strong Republican dominance in the area, reflecting broader political trends in rural Kansas.
76.43% of voters voted for the Republican party in the 2020 Presidential Election
21.12% of voters voted for the Democrat party in the 2020 Presidential Election
2.45% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Coffey County, Kansas, has recently shown a student-to-teacher ratio just above 10 students per teacher, increasing slightly to around 11. This figure is still below the national average of 14, hinting at smaller class sizes that could appeal to families prioritizing education. Investors, real estate agents, and appraisers might find this advantageous in promoting the area, and it could also influence local education funding, teacher workload, and community involvement—key points for... Read more
Student-to-teacher ratio in Coffey County, Kansas over the last 10 years
Coffey County, Kansas has seen a relatively stable student-to-teacher ratio over the past decade, hovering just above 10 students per teacher, with a slight increase to around 11 in recent years. This is notably lower than the national average of 14 students per teacher, indicating potentially smaller class sizes. Investors and those planning to move to Coffey County might find the lower student-to-teacher ratio appealing for families prioritizing education quality. Moreover, appraisers and real estate agents could leverage this information to highlight a potential advantage of the area. Lower ratios can also impact local education funding, teacher workload, and community involvement in schools—factors that insurance agents and property developers might consider when assessing the area.
