Chouteau County Real Estate and Livability Trends
Chouteau County, Montana's real estate market hints at a strengthening economic base, as average taxable income per tax return rose to $59,016.09 in 2021 from $52,145.76 in 2020, possibly attracting investment. Noteworthy is the median home value jump to $172,000 in 2022 from $123,800 in 2015, outpacing broader trends. Coupled with rising real estate taxes now at $3,920.00, these dynamics could... Read more
Chouteau County Market Trends
Chouteau County, Montana's housing market has seen a consistent rise in median home values, moving from $123,800 in 2015 to $172,000 in 2022, outpacing national and statewide trends. Real estate taxes have nearly doubled in the past decade, reaching $3,920.00 in 2021, which likely influences the cost of ownership. The county also noted fluctuations in residential energy tax credits, peaking at... Read more
Median Value of Occupied Housing Units in Chouteau County, Montana Over the Last 8 Years
The median home values in Chouteau County, Montana have fluctuated over the past eight years, with a noticeable upward trend from $123,800 in 2015 to $172,000 in 2022. This growth outpaced both the national average, which increased from $125,500 to $179,400 during the same period, and Montana's statewide values, which surged from $193,500 to $305,700. For those eyeing investment opportunities in Chouteau County, this trend suggests a potential for equity growth, although housing in the county remains more affordable compared to Montana's overall market.
Residential Energy Tax Credit Per Tax Return in Chouteau County, MT Over the Last 4 Years
Chouteau County, Montana has experienced notable fluctuations in residential energy tax credits per tax return over the past few years. From a high of $325.00 in 2013, the average credit dipped to $175.00 in 2014 and averaged $233.33 in 2015, suggesting a period of variability in energy-saving investments. By 2021, the credit rebounded to $300.00, indicating a potential resurgence in energy-efficient upgrades. This volatility may reflect shifting incentives, economic conditions, or homeowner priorities, and could be a factor for real estate investors, appraisers, and homeowners considering energy efficiency enhancements in the region.
Average Real Estate Taxes Per Tax Return in Chouteau County, MT Over the Last 10 Years
Average real estate taxes per tax return in Chouteau County, Montana have generally been on an upward trend over the past decade, starting at $1,733.33 in 2012 and reaching $3,920.00 in 2021. The most significant jumps occurred between 2017 and 2018, and again from 2020 to 2021, possibly reflecting changes in property values or local tax policies. For investors and potential homeowners, this suggests a growing tax burden that might affect overall cost of ownership. Additionally, appraisers and insurance agents should take into account these rising taxes when evaluating property values and insurance premiums. Real estate professionals and those interested should be mindful of these increasing costs, as they could impact both market trends and personal finances.
Percentage of Farm Returns in Chouteau County, MT Over the Last 10 Years
Over the last decade, Chouteau County, Montana has experienced a slight decline in the percentage of farm tax returns, from roughly 18.10% in 2012 to approximately 14.64% in 2021. Farm tax returns here often reflect the economic health and profitability of the agricultural sector, which can impact the local economy, property values, and investment opportunities. This trend may suggest a shifting or tightening agricultural market, influencing decisions for those looking to invest, build or move to this area.
Number of Mortgages by Occupancy Type in Chouteau County, MT Over the Last 5 Years in Chouteau County
Trends in mortgage data for Chouteau County, Montana over the past five years suggest variability with principal residences consistently dominating, peaking in 2021 with 141 mortgages. Investment property mortgages exhibit a modest increase from 1 in 2018 to 8 in 2021, hinting at growing investor interest. Meanwhile, second residences fluctuate minimally but are notably higher in 2021, possibly indicating increased demand for seasonal homes or retreats. For those considering investing or building in the area, understanding these shifts helps predict market demands. Appraisers and insurance agents can use this data to better assess property values and risks, while real estate agents can tailor their marketing strategies accordingly. Shifts in occupancy type are essential cues for gauging economic and housing trends impacting overall financial returns and community dynamics.
Economic Outlook
Chouteau County, Montana's real estate market could see interest due to the significant rise in average taxable income per tax return, jumping to $59,016.09 in 2021 from $52,145.76 in 2020. This upward trend sprinkles hints of a potentially strengthening economic base, making the area possibly ripe for investment and property development. The local state and income taxes have also fluctuated, peaking at $8,228.57 in 2021, which may impact financial planning and valuation strategies. With the... Read more
Average Taxable Income per Tax Return in Chouteau County, MT over the last 9 years
Chouteau County, Montana has shown a generally upward trend in average taxable income per tax return over the past nine years, with noticeable peaks in 2018 at $51,168.20, in 2020 at $52,145.76, and a significant jump to $59,016.09 in 2021. These fluctuations suggest a potentially growing economic base, making it a potentially attractive area for investment, property development, and real estate activities. For those interested in financial planning or insurance, these income trends might inform risk assessments and valuation strategies.
Average State and Local Income Taxes Per Tax Return in Chouteau County, MT Over the Last 10 Years
Over the past decade, Chouteau County, Montana has seen significant fluctuations in average state and local income taxes per tax return, peaking strongly at $8,228.57 in 2021. Notably, the figures hovered around the $6,000 mark from 2013 to 2017, showing a temporary dip in 2018 to $5,322.22 before rebounding and sharply increasing in recent years. Investors and property builders might perceive this variability as a factor when considering financial planning and future growth potential in the area. Similarly, real estate agents and insurance agents may need to consider these tax trends when advising clients on the financial landscape.
Average Total Tax Liability Per Tax Return in Chouteau County, MT Over the Last 10 Years
Chouteau County, Montana has seen a variable yet generally upward trend in average total tax liability per tax return over the past decade, with a notable spike to $9092.35 in 2021 compared to $6561.45 in 2012. This fluctuation, peaking in 2016 and 2021, suggests potential economic growth and changing financial dynamics in the region. For those considering investment, relocation, or real estate activities, these tax trends could imply evolving local economic conditions and warrant a closer look at the underlying factors influencing these changes.
Cost of Living in Chouteau County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,075 | $1,460 | $2,018 | $1,074 | $1,278 |
| 1 adult 4 children | $1,075 | $1,192 | $1,562 | $1,074 | $1,412 |
| 2 adults 3 children | $1,075 | $1,193 | $1,741 | $1,074 | $1,030 |
| 1 adult 3 children | $1,075 | $974 | $1,286 | $1,074 | $1,142 |
| 2 adults 2 children | $883 | $976 | $1,465 | $930 | $898 |
| 1 adult 2 children | $883 | $729 | $1,009 | $930 | $880 |
| 2 adults 1 child | $883 | $772 | $1,188 | $465 | $813 |
| 1 adult 1 child | $883 | $498 | $732 | $465 | $691 |
| 2 adults | $671 | $620 | $912 | $0 | $639 |
| 1 adult | $637 | $338 | $456 | $0 | $577 |
Safety trends & Data
Property crime in Chouteau County, Montana over the past five years has shown variability, with noticeable spikes. Vandalism incidents surged in 2020 and 2021 with 2 annual arrests each year. Larceny-theft saw a modest increase in 2020, while burglary incidents experienced a slight uptick in 2021. These trends can play a role in decisions related to insurance premiums, real estate values, and new investments, as fluctuating crime rates might influence property desirability and risk... Read more
Property Crime Trends in Chouteau County, MT Over the Last 5 Years
Property crime in Chouteau County, Montana over the past five years demonstrates variability with noticeable spikes. Vandalism incidents surged in 2020 and 2021 with annual arrests reaching 2 each year. Larceny-theft, although relatively low, saw a modest increase in 2020. Other crimes such as burglary and motor vehicle theft have remained low with a slight uptick in burglary incidents in 2021. These trends could inform decisions related to insurance premiums, real estate values, and new investments, as fluctuating crime rates may influence both property desirability and potential risk assessments.
Demographics
Chouteau County, Montana shows a relatively balanced gender composition among its adults, with males slightly outnumbering females. The most common educational level is a high school diploma or equivalent, followed by some college but no degree. The population has a broad age distribution, indicating a mix of younger families and older residents, with noticeable numbers in both the under-10 and over-65 age brackets. Racially, the county is predominantly White, but there is a significant... Read more
Race Distribution in Chouteau County, Montana (2022)
Educational Attainment in Chouteau County, Montana (2022)
Age Distribution in Chouteau County, Montana
Citizen Population in Chouteau County, Montana (2022)
Political Trends & Data
Chouteau County, Montana saw significant Republican support in the 2020 U.S. Presidential Election, with the GOP securing nearly 64% of the vote. Democrats received around a third, and the Libertarian party almost 3%, suggesting a strong conservative presence with limited third-party influence. The Green party garnered zero votes, underscoring minimal alternative competitive... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In the 2020 U.S. Presidential Election, Chouteau County, Montana, leaned heavily Republican, with nearly 64% of the votes going to the Republican candidate. Democrats garnered around a third of the votes, while the Libertarian party made up a small but notable portion at nearly 3%. The data suggests that third-party influence was minimal in this county, with the Green party receiving no votes. These trends may indicate a strong conservative presence in Chouteau County, though some support for alternative candidates exists.
63.78% of voters voted for the Republican party in the 2020 Presidential Election
33.42% of voters voted for the Democrat party in the 2020 Presidential Election
2.80% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Chouteau County, Montana's student-to-teacher ratio has consistently hovered around 9 students per teacher over the past decade, well below the national average of 14. This trend suggests a potentially more personalized educational experience, making it an appealing point for families prioritizing their children's education. Real estate and insurance agents might view this stable figure as indicative of a stable community environment, possibly enhancing the area's attractiveness for investors... Read more
Student-to-teacher ratio in Chouteau County, Montana over the last 10 years
Chouteau County, Montana has been exhibiting a relatively low student-to-teacher ratio over the past decade, consistently hovering around 9 students per teacher. This trend, which is significantly below the national average of 14 students per teacher, suggests a potentially more personalized educational experience for students in the area. For investors and real estate agents, this low ratio might indicate a selling point for families prioritizing their children's education. For insurance agents and appraisers, these figures could hint at a stable community environment given the likely reduced teacher workload and associated educational benefits. Overall, the low student-to-teacher ratio in Chouteau County may be particularly appealing to those looking to move to or invest in the area.
