Blaine County Real Estate and Livability Trends
Blaine County, Montana's real estate market is showing promising early signs of economic resilience, with average taxable incomes peaking at $48,783.78 in 2021 after a dip in 2015. Median home values have risen substantially to $119,400 in 2022, boosting its appeal to budget-conscious buyers even though they remain lower than state and national medians. Fluctuating real estate taxes and steady... Read more
Blaine County Market Trends
Blaine County, Montana, has experienced substantial growth in median home values, now at $119,400 as of 2022, rising notably since 2015. While still lower than both state and national medians, this affordability can appeal to budget-conscious buyers. Residential energy tax credits have peaked at $350.00 in 2020, indicating rising investments in energy-efficient upgrades. Real estate taxes have... Read more
Median Value of Occupied Housing Units in Blaine County, Montana Over the Last 8 Years
Blaine County, Montana, has seen its median home values increase from $82,500 in 2015 to $119,400 in 2022. This could mean an increasing demand for housing or improvements in the local economy. When compared to Montana's state median, which rose from $193,500 in 2015 to $305,700 in 2022, and the national median, which increased from $125,500 in 2015 to $179,400 in 2022, Blaine County's values are significantly lower. This affordability might make Blaine County an appealing option for those looking to invest or move into a more budget-friendly area while still benefiting from property appreciation trends.
Residential Energy Tax Credit Per Tax Return in Blaine County, MT Over the Last 5 Years
Over the last five years, Blaine County, Montana has seen fluctuations in average residential energy tax credits per tax return. While there were dips in 2015 with an average of $133.33, the amount rebounded in 2016 to $200.00 and peaked significantly in 2020 at $350.00. This trend may indicate an increasing investment in energy-efficient home improvements, making Blaine County a potentially attractive area for energy-conscious homebuyers and property investors. Such improvements could also impact property values, insurance assessments, and appraisals positively.
Average Real Estate Taxes Per Tax Return in Blaine County, MT Over the Last 10 Years
Over the past decade, Blaine County, Montana has seen fluctuating real estate taxes per tax return, with a noticeable upward trend overall. Starting from around $1,796.30 in 2012, taxes showed a significant increase, peaking at $3,200.00 in 2020 before slightly decreasing to $2,800.00 in 2021. Interestingly, sharp rises occurred around 2016 and again from 2018 to 2020, potentially indicating shifts in property values or tax policies. This variability could be crucial for potential investors or those looking to relocate, as it suggests a dynamic real estate market with potential for both growth and risk.
Percentage of Farm Returns in Blaine County, MT Over the Last 10 Years
Over the past 10 years, Blaine County, Montana has seen fluctuations in the percentage of farm tax returns ranging from approximately 12.32% to 14.72%. While there was a notable peak around 2014 at 14.72%, the percentages generally hover around the 13% mark. This data is important for investors, potential property buyers, and residents as it might reflect underlying economic trends, agricultural productivity, and the financial health of small-scale farmers in the region. Stability or variation in these percentages could signal changes in local farm economies and help inform investment decisions or expectations for community growth.
Number of Mortgages by Occupancy Type in Blaine County, MT Over the Last 5 Years in Blaine County
In Blaine County, Montana, there seems to be a significant emphasis on securing mortgages for principal residences compared to investment and second properties over the last five years. The principal residence category consistently shows higher mortgage counts, peaking at 96 in 2020. Investment properties and second residences have much lower and less consistent numbers, suggesting a limited focus on these types within the county. These trends could indicate a stable, community-focused housing market with less volatility and potentially lower risk for new homeowners. For investors, the relatively low numbers in investment property mortgages might imply fewer rental property opportunities, but also possibly less competition. These insights can be critical for those looking to invest, move to, build property in, or insure real estate in Blaine County, helping them to better understand the local market dynamics and occupancy preferences.
Economic Outlook
Blaine County, Montana's real estate market might benefit from a generally upward trend in average taxable income per tax return, peaking at $48,783.78 in 2021. The dip to $32,863.67 in 2015 followed by a strong recovery indicates an underlying economic resilience, which can be promising for investors and real estate professionals. Average state and local income taxes have fluctuated, ranging from $4,184.38 in 2012 to approximately $5,950.00 in 2020. These fluctuations could impact fiscal... Read more
Average Taxable Income per Tax Return in Blaine County, MT over the last 9 years
Over the past nine years, Blaine County, Montana has seen a generally upward trend in average taxable income per tax return, peaking notably in 2021 at $48,783.78. This growth could signal a strengthening local economy and might be of interest to investors, real estate agents, and insurance professionals. The dip in 2015 to $32,863.67 stands out as a significant deviation, but the subsequent recovery suggests resilience.
Average State and Local Income Taxes Per Tax Return in Blaine County, MT Over the Last 10 Years
Over the last decade, Blaine County, Montana has seen fluctuating average state and local income taxes per tax return. Values have generally ranged from around $4,184.38 in 2012 to a peak of approximately $5,950.00 in 2020. The fluctuations may affect fiscal planning and financial forecasting for potential investors and residents alike, possibly influencing decisions on property investments and insurance rate calculations. Real estate professionals and appraisers might want to consider these tax trends as part of their broader economic evaluations.
Average Total Tax Liability Per Tax Return in Blaine County, MT Over the Last 10 Years
Blaine County, Montana has seen fluctuations in the average total tax liability per tax return over the last decade. Starting at $5,244.05 in 2012, there was a noticeable rise to $6,437.50 by 2021, with a notable peak and trough pattern in between. This could be of interest to potential investors and those involved in property development as it hints at underlying economic activity and shifts in income levels. Real estate agents and insurance appraisers might also find this relevant for understanding local market dynamics.
Cost of Living in Blaine County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,083 | $1,460 | $1,968 | $1,020 | $1,224 |
| 1 adult 4 children | $1,083 | $1,192 | $1,524 | $1,020 | $1,352 |
| 2 adults 3 children | $1,083 | $1,193 | $1,698 | $1,020 | $981 |
| 1 adult 3 children | $1,083 | $974 | $1,254 | $1,020 | $1,088 |
| 2 adults 2 children | $826 | $976 | $1,428 | $884 | $838 |
| 1 adult 2 children | $826 | $729 | $984 | $884 | $804 |
| 2 adults 1 child | $826 | $772 | $1,159 | $442 | $763 |
| 1 adult 1 child | $826 | $498 | $714 | $442 | $645 |
| 2 adults | $682 | $620 | $889 | $0 | $626 |
| 1 adult | $596 | $338 | $444 | $0 | $549 |
Safety trends & Data
In Blaine County, Montana, recent property crime trends indicate possible improvements in security. Larceny-theft cases plummeted from 28 in 2018 to just 1 by 2021, and burglaries dropped from a peak of 10 in 2019 to 3 in 2021. Although vandalism incidents stayed constant at 6 cases from 2019 to 2020, the overall decline in burglary and larceny-theft could influence property values and insurance premiums positively for investors and new... Read more
Property Crime Trends in Blaine County, MT Over the Last 4 Years
In Blaine County, Montana, property crimes such as burglary and larceny-theft have shown varying trends over the past four years. While 2018 saw 28 cases of larceny-theft, there was a noticeable decline, culminating in only 1 reported case by 2021. Conversely, burglaries peaked at 10 cases in 2019 but fell to 3 cases in 2021. Vandalism incidents remained consistent at 6 cases from 2019 to 2020. For those considering investments or relocations, this data could suggest a potential decrease in certain types of property crimes, potentially impacting property values and insurance rates.
Demographics
In Blaine County, Montana, the population shows almost an equal gender split. Educational attainment highlights that a significant portion of adults have completed high school with many having some college experience, but fewer hold graduate-level degrees. Age distribution reveals a balanced mix across different age groups, from children under 10 to seniors over 75. Racial demographics indicate a predominant representation of White and American Indian and Alaska Native populations, with other... Read more
Race Distribution in Blaine County, Montana (2022)
Educational Attainment in Blaine County, Montana (2022)
Age Distribution in Blaine County, Montana
Citizen Population in Blaine County, Montana (2022)
Political Trends & Data
The tight race in Blaine County, Montana during the 2020 U.S. Presidential Election, with Democrats slightly nudging ahead at 51% and Republicans just behind, hints at a politically diverse environment. The minor 2% garnered by Libertarians and negligible impacts from other parties add to the mix, potentially influencing local policy and development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Blaine County, Montana, the 2020 U.S. Presidential Election showed an almost even split between the Republican and Democrat parties, with Democrats slightly ahead at approximately 51% of the vote. Libertarians had a minor presence, gathering just under 2%, while the Green Party and other candidates seemingly had negligible or no impact. This close competition between the two leading parties could suggest a diverse political landscape in the county.
47.13% of voters voted for the Republican party in the 2020 Presidential Election
50.98% of voters voted for the Democrat party in the 2020 Presidential Election
1.89% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Blaine County, Montana has seen its student-to-teacher ratio hover between 9 and 11 students per teacher over the last decade, significantly lower than the national average of 14. This could make the area more appealing to families seeking individualized attention in education, potentially driving up property values. For real estate agents and investors, the consistent trend of smaller class sizes might indicate a stable and desirable community, enhancing the attractiveness of the area for... Read more
Student-to-teacher ratio in Blaine County, Montana over the last 10 years
Over the last decade, Blaine County, Montana has experienced fluctuations in its student-to-teacher ratio, hovering between 9 and 11 students per teacher. Compared to the national average of 14 students per teacher, Blaine County consistently offers smaller class sizes, which might attract families prioritizing individualized attention in education. These figures are also significant for real estate agents and appraisers, as areas with lower student-to-teacher ratios can be appealing to potential homebuyers. Investors and developers might find this trend beneficial, as quality education can drive up property values and resident satisfaction. For insurance agents, smaller class sizes could potentially be a selling point when offering home insurance policies due to perceived community stability and proactive local governance.
