Stanton County Real Estate and Livability Trends
Stanton County, Kansas has seen fluctuating average taxable incomes, bouncing back from a low of $49,307.61 in 2016 to around $69,568.97 by 2021, which could signal improving financial conditions for potential investors. The real estate market has experienced notable volatility, with median home values peaking at $92,600 in 2019 but dipping to $63,200 in 2020 before recovering to $74,000 in 2022.... Read more
Stanton County Market Trends
Stanton County, Kansas has shown notable volatility in median home values, peaking at $92,600 in 2019 but dipping dramatically to $63,200 in 2020, before rebounding to $74,000 in 2022. This is significantly below both Kansas's median value of $189,300 and the national value of $179,400, possibly highlighting more affordable investment opportunities locally. Real estate taxes have climbed, peaking... Read more
Median Value of Occupied Housing Units in Stanton County, Kansas Over the Last 8 Years
Stanton County, Kansas, has seen quite a bit of fluctuation in its median home values over the past eight years. Peaking at $92,600 in 2019 and dipping to $63,200 in 2020, the local market has shown volatility that potential investors and home buyers should consider. While the median value rebounded to $74,000 in 2022, it remains significantly below both the state and national averages. Statewide, Kansas homes reached a median value of $189,300 in 2022, more than double that of Stanton County. Nationally, the median value of occupied housing units climbed to $179,400 in 2022. These disparities could suggest opportunities for more affordable investments in Stanton County compared to the broader market.
Average Real Estate Taxes Per Tax Return in Stanton County, KS Over the Last 9 Years
Stanton County, Kansas has seen a noticeable rise in average real estate taxes per tax return over the past nine years, peaking at $3,866.67 in 2019. This increase could signal higher property values or a rise in tax rates, potentially affecting home affordability and investment returns in the area. For investors, appraisers, and real estate professionals, these trends suggest a shifting financial landscape, making it crucial to factor in tax implications when evaluating property investments. This upward trend may also influence decisions for new builds and impact homeowners' insurance policies.
Percentage of Farm Returns in Stanton County, KS Over the Last 10 Years
Farm tax returns in Stanton County, Kansas, have seen a gradual decline over the past decade, starting at around 15.31% in 2012 and dropping to approximately 12.18% by 2021. There are fluctuations in the mid-decade, with a noticeable dip to 11.11% in 2019. This suggests that while farming remains a key part of the local economy, the segment might be facing challenges impacting its profitability. These trends could be crucial for investors, property developers, and residents who are considering the stability and growth potential of the agricultural sector in this area.
Number of Mortgages by Occupancy Type in Stanton County, KS Over the Last 5 Years in Stanton County
Over the past five years in Stanton County, Kansas, there's been a notable increase in the number of mortgages for principal residences, with figures rising from 22 in 2020 to 34 in 2021 and slightly dip to 33 in 2022. Meanwhile, investment properties and second residences only saw marginal counts of 1 mortgage each in 2021 and 2022. This shift towards principal residence mortgages could signify a growing local population or an increased preference for home ownership in the area. This trend may suggest potential stability and long-term growth for investors, appraisers, and real estate agents as home ownership typically indicates a more rooted and committed community. It could also influence build property strategies and insurance considerations, as the occupancy type often impacts property value assessments and coverage needs.
Economic Outlook
Stanton County, Kansas has shown fluctuating average taxable incomes, hitting a low of $49,307.61 in 2016 but recovering to around $69,568.97 by 2021. State and local income taxes have also varied, dropping to $5,108.33 in 2016 but peaking at $12,133.33 in 2020. Total tax liability per return mirrored these trends, with a noticeable low in 2016 but showing a recovery to about $11,910.94 in 2018. These patterns suggest periods of economic instability, but the overall upward trends might appeal... Read more
Average Taxable Income per Tax Return in Stanton County, KS over the last 9 years
Over the past nine years, Stanton County, Kansas has demonstrated fluctuating average taxable incomes per tax return, with a notable dip in 2016 hitting a low of $49,307.61. However, there appears to be a general upward recovery, peaking in 2021 at around $69,568.97. These trends might suggest an improving economic outlook, possibly due to local economic factors or broader state economic policies impacting the area. For investors and potential residents, this could signal a strengthening community with increasing individual financial stability despite periodic downturns.
Average State and Local Income Taxes Per Tax Return in Stanton County, KS Over the Last 10 Years
Stanton County, Kansas, has seen considerable fluctuations in average state and local income taxes per tax return over the last decade. Notable drops occurred in 2014 and 2016, with values dipping to $5,116.67 and $5,108.33 respectively. Meanwhile, recent years show a significant climb, peaking at $12,133.33 in 2020 before settling at $9,966.67 in 2021. Potential investors and property developers should be aware of these historical tax trends, as they directly impact the financial landscape for residents and businesses in the area.
Average Total Tax Liability Per Tax Return in Stanton County, KS Over the Last 10 Years
Over the past decade, Stanton County, Kansas has seen significant fluctuations in average total tax liability per tax return. After peaking at $12,815.49 in 2012, there was a noticeable drop to a low of $7,834.85 in 2016. Since then, tax liabilities showed some recovery, with a notable spike to $11,910.94 in 2018, before stabilizing around $9,835.71 in 2021. These shifts could imply varying economic conditions or policy changes, making it a fascinating area for potential investors or those considering a move. Understanding these trends helps anyone looking to develop property or assess long-term financial commitments in the area.
Cost of Living in Stanton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,016 | $1,347 | $2,409 | $966 | $1,199 |
| 1 adult 4 children | $1,016 | $1,100 | $1,846 | $966 | $1,274 |
| 2 adults 3 children | $1,016 | $1,101 | $2,088 | $966 | $956 |
| 1 adult 3 children | $1,016 | $898 | $1,525 | $966 | $1,004 |
| 2 adults 2 children | $793 | $901 | $1,767 | $837 | $827 |
| 1 adult 2 children | $793 | $673 | $1,204 | $837 | $730 |
| 2 adults 1 child | $793 | $712 | $1,446 | $419 | $758 |
| 1 adult 1 child | $793 | $460 | $884 | $419 | $624 |
| 2 adults | $602 | $572 | $1,126 | $0 | $647 |
| 1 adult | $588 | $312 | $563 | $0 | $561 |
Demographics
Stanton County shows a balanced gender distribution with nearly equal numbers of men and women. Despite a substantial portion of its population holding only a high school diploma, relatively fewer residents have advanced degrees. The age demographics indicate a significant portion of middle-aged and senior adults, potentially impacting social services and healthcare needs. Notably homogeneous, the racial composition is predominantly White, with minimal representation from other races. These... Read more
Race Distribution in Stanton County, Kansas (2022)
Educational Attainment in Stanton County, Kansas (2022)
Age Distribution in Stanton County, Kansas
Citizen Population in Stanton County, Kansas (2022)
Political Trends & Data
In Stanton County, Kansas, the 2020 U.S. Presidential Election reflected a significant conservative lean, with approximately 79% of votes likely going to the Republican party. The Democratic party garnered roughly 19%, and the Libertarians trailed with around 1.8%. This data implies a predominantly conservative voter base, which could potentially influence local policies and, indirectly, the real estate market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Stanton County, Kansas, the 2020 U.S. Presidential Election saw a significant tilt towards the Republican party, which received likely the majority of votes at around 79%. The Democratic party trailed considerably with roughly 19%, while the Libertarian party captured a minimal share of approximately 1.8%. The data suggests a strong conservative presence in this county.
79.12% of voters voted for the Republican party in the 2020 Presidential Election
19.07% of voters voted for the Democrat party in the 2020 Presidential Election
1.80% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Stanton County, Kansas has seen its student-to-teacher ratio jump from 11 students per teacher in 2014 to nearly 17 students per teacher in 2023, edging away from the national average of 14. This trend might indicate growing enrollments or difficulties in attracting and retaining educators, which can influence local school funding and property values. For investors and homebuyers, these changes could affect community amenities and the overall desirability of the area, while appraisers and... Read more
Student-to-teacher ratio in Stanton County, Kansas over the last 9 years
Stanton County, Kansas has seen a steady increase in its student-to-teacher ratio from 11 students per teacher in 2014 to nearly 17 students per teacher in 2023, moving further away from the national average of 14 students per teacher. This shift might hint at growing enrollment numbers or potential challenges in attracting and retaining qualified teachers. For investors, homebuyers, and real estate professionals, this could signal potential changes in local school funding, property values, and community amenities. For appraisers and insurance agents, the evolving demographics and demand for educational resources might also play a critical role in assessing property values and risks.
