Cascade County Real Estate and Livability Trends
Cascade County, Montana has experienced a steady increase in average taxable income per tax return, rising from $47,855.85 in 2013 to $66,302.24 in 2021, which may suggest economic growth and rising incomes. Median home values also rose from $162,100 in 2015 to $227,600 in 2022, presenting an affordable option compared to the state median of $305,700. However, real estate taxes have nearly... Read more
Cascade County Market Trends
Cascade County, Montana has seen median home values rise from $162,100 in 2015 to $227,600 in 2022, making it a more affordable choice compared to the state median that jumped to $305,700. Over the past decade, real estate taxes have nearly doubled, hinting at rising property valuations or tax rates, which could interest investors and developers alike. Residential energy tax credits per tax... Read more
Median Value of Occupied Housing Units in Cascade County, Montana Over the Last 8 Years
Over the past 8 years, Cascade County, Montana has seen median housing values climb from $162,100 in 2015 to $227,600 in 2022, a significant uptick that outpaces the national growth. At the state level, Montana's median home value increased from $193,500 to $305,700 during the same period, suggesting Cascade County remains a more affordable option within the state. This steady increase in home values in Cascade County, though less dramatic than the statewide surge, could signal strong local demand and potential for solid investment returns if trends continue.
Residential Energy Tax Credit Per Tax Return in Cascade County, MT Over the Last 9 Years
Cascade County, Montana, has seen significant fluctuations in residential energy tax credits per tax return over the last nine years. While there was a relatively steady increase up to 2017, peaking sharply at $326.09, a remarkable spike to $1,000.00 happened in 2018. More recent years have shown stabilization around the mid-$300.00s. This variability indicates changing dynamics in energy efficiency investments and incentives, which could impact property appraisals, real estate investments, and home insurance considerations.
Average Real Estate Taxes Per Tax Return in Cascade County, MT Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Cascade County, Montana have shown a steady, upward trend, almost doubling from $2,206.52 in 2012 to $4,021.60 by 2021. This spike, particularly between 2018 and 2020, suggests a significant increase in property valuations or tax rates, making Cascade County an area of interest for potential investors and property developers considering the growth in property tax returns. Real estate agents and appraisers should note these figures as they indicate rising property values which can be appealing to sellers but could necessitate careful financial planning for buyers.
Percentage of Farm Returns in Cascade County, MT Over the Last 10 Years
In Cascade County, Montana, farm tax returns have fluctuated slightly over the past decade, maintaining a modest share between roughly 1.88% and 2.08%. For potential investors, property developers, and residents, this trend implies a relatively stable agricultural sector, offering consistent opportunities despite some minor annual variations. The data hints at a nuanced but generally steady agricultural footprint, which could be appealing for those considering long-term investments or relocations seeking a blend of rural and community-centric lifestyles.
Number of Mortgages by Occupancy Type in Cascade County, MT Over the Last 5 Years in Cascade County
Cascade County, Montana has seen fluctuating trends in mortgage counts across different occupancy types over the past five years. While principal residences dominate the market, there's a notable ebb and flow in investment property and second residence mortgages. These shifts could indicate changing investor confidence or economic conditions impacting long-term and vacation property purchases. Investors might find fewer opportunities, while those seeking principal homes might benefit from a relatively high availability. Appraisers and insurance agents need to stay aware of these shifts, as they influence property valuations and risk assessments. Developers and real estate agents should tailor their strategies continuously based on these varying demands, ensuring that they cater precisely to current homeowner preferences and market dynamics.
Economic Outlook
Cascade County, Montana has experienced a steady rise in average taxable income per tax return, increasing from $47,855.85 in 2013 to $66,302.24 in 2021. Alongside this, state and local income taxes have also nearly doubled in the last decade, which might indicate economic growth and rising incomes. However, the average total tax liability has shown variability, culminating in a peak of $9,931.84 in 2021. The area's poverty rate has fluctuated but shows a recent trend towards improvement,... Read more
Average Taxable Income per Tax Return in Cascade County, MT over the last 9 years
Cascade County, Montana has seen a noticeable upward trend in average taxable income per tax return over the last nine years, climbing from $47,855.85 in 2013 to $66,302.24 in 2021. This steady increase suggests potential economic growth and improving financial health among residents, which could attract investors and developers interested in leveraging a burgeoning local economy. Real estate professionals and insurance agents might also find this trend noteworthy as it might influence property valuations and the need for more comprehensive coverage plans. Residents and those contemplating a move to Cascade County might view this financial trend as a positive indicator of the county's overall prosperity.
Average State and Local Income Taxes Per Tax Return in Cascade County, MT Over the Last 10 Years
Cascade County, Montana has witnessed a notable upward trend in average state and local income taxes per tax return over the past decade. Starting from $5,104.10 in 2012, the taxes have increased consistently each year, peaking at $10,939.91 in 2021. This nearly doubling in tax returns could suggest economic growth or rising incomes in the region, making it a potentially attractive area for investors, property builders, and real estate agents. Appraisers and insurance agents might also find these trends valuable for evaluating property values and insurance premiums, while residents or those considering moving to Cascade County should be aware of the steady increase in tax commitments.
Average Total Tax Liability Per Tax Return in Cascade County, MT Over the Last 10 Years
Average total tax liability per tax return in Cascade County, Montana has seen notable fluctuations over the past decade. Starting at $7,376.26 in 2012, it dipped slightly in 2013 to $7,205.43, but saw a general upward trend peaking at $9,931.84 in 2021. The increases, particularly the sharp rise in 2021, suggest a change in economic factors or tax policies affecting residents. This shifting tax landscape is essential for potential investors, real estate professionals, and current residents as it may influence the overall cost of living and investment returns in the county.
Cost of Living in Cascade County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,292 | $1,460 | $1,881 | $1,596 | $1,427 |
| 1 adult 4 children | $1,292 | $1,192 | $1,452 | $1,596 | $1,583 |
| 2 adults 3 children | $1,292 | $1,193 | $1,625 | $1,596 | $1,184 |
| 1 adult 3 children | $1,292 | $974 | $1,196 | $1,596 | $1,323 |
| 2 adults 2 children | $914 | $976 | $1,369 | $1,383 | $933 |
| 1 adult 2 children | $914 | $729 | $940 | $1,383 | $934 |
| 2 adults 1 child | $914 | $772 | $1,114 | $691 | $795 |
| 1 adult 1 child | $914 | $498 | $685 | $691 | $683 |
| 2 adults | $701 | $620 | $858 | $0 | $576 |
| 1 adult | $666 | $338 | $429 | $0 | $527 |
Safety trends & Data
Cascade County, Montana has experienced fluctuating property crime trends over the last five years. Burglary arrests peaked with 59 incidents in 2022, while larceny-theft saw a high of 863 incidents in 2019, making it the most frequent property crime. Vandalism arrests varied, reaching 148 in 2021, and motor vehicle thefts notably decreased from 62 in 2018 to just 17 in 2022. These trends may suggest a shifting focus for law enforcement and could be relevant for investors, appraisers, and real... Read more
Property Crime Trends in Cascade County, MT Over the Last 5 Years
Cascade County, Montana has seen fluctuating trends in property crime over the last five years. Burglary arrests peaked in 2022 with 59 recorded incidents, while larceny-theft, the most common property crime, saw a high of 863 incidents in 2019. Vandalism arrests varied significantly, reaching 148 in 2021, and motor vehicle thefts showed a notable decrease from 62 in 2018 to just 17 in 2022. These trends could imply a shifting focus for law enforcement and should be of interest to potential investors, appraisers, and real estate agents evaluating the region's safety and stability for property development.
Demographics
Cascade County, Montana shows a slightly higher proportion of males to females among its adult population. Educational attainment reveals a trend where a majority of residents have either a high school diploma or some college experience, with fewer residents achieving a bachelor's degree or higher. Age distribution appears balanced, with the largest groups centered around the 25 to 34 age range, suggesting a workforce-ready demographic. The racial composition is predominantly White, but there... Read more
Race Distribution in Cascade County, Montana (2022)
Educational Attainment in Cascade County, Montana (2022)
Age Distribution in Cascade County, Montana
Citizen Population in Cascade County, Montana (2022)
Political Trends & Data
Cascade County, Montana, possibly reflects a Republican-leaning trend given that around 58% of residents voted for the GOP in the 2020 Presidential Election. Democrats garnered about 39%, indicating a significant minority presence. Libertarians, although making up nearly 3% of the vote, hint at a small but potentially influential voter base. The lack of Green Party votes and other parties could imply a more polarized political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Cascade County, Montana, showed a notable preference for the Republican party in the 2020 Presidential Election, with approximately 58% of the vote, while Democrats secured about 39%. Libertarian voters were a small but potentially non-negligible group, making up close to 3% of the vote. The absence of Green Party votes and other parties suggests a more polarized political landscape.
58.46% of voters voted for the Republican party in the 2020 Presidential Election
38.75% of voters voted for the Democrat party in the 2020 Presidential Election
2.79% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Cascade County, Montana, the student-to-teacher ratio has increased from 11 in 2014 to just over 13 in 2023, still below the national average of 14. This could indicate smaller class sizes and more individualized attention, appealing to young families and potential homebuyers. However, the rising ratio suggests growing student numbers or fewer teachers, impacting teaching quality. For real estate professionals, this trend hints at steady family influx and could guide investment decisions... Read more
Student-to-teacher ratio in Cascade County, Montana over the last 10 years
Over the last decade, Cascade County, Montana has seen a gradual increase in the student-to-teacher ratio, rising from 11 in 2014 to just over 13 in 2023. This is still lower than the current U.S. national average of 14 students per teacher, suggesting that the region may offer smaller class sizes and potentially more individualized attention. However, the upward trend indicates a growing student population or declining teacher numbers, which could impact teaching quality and resource availability. For real estate agents and investors, this may signal a region with a steady influx of young families. For appraisers and insurance agents, it may reflect changing community values and demands. For those looking to build property or move to Cascade County, understanding this trend can guide decisions about the area’s educational infrastructure and its potential future investments.
