Daniels County Real Estate and Livability Trends
Daniels County, Montana's real estate market shows intriguing affordability, peaking home values at $164,700 in 2020 compared to the state's $305,700 median in 2022, making it an attractive investment prospect. Tax trends reveal notable fluctuations; real estate taxes per return dipped from a peak of $2,850.00 in 2020 to $2,150.00 in 2021. There's also a shift in economic base, with farm tax... Read more
Daniels County Market Trends
Over the past eight years, Daniels County, Montana, has seen home values peak at $164,700 in 2020, remaining more affordable compared to the state's $305,700 median in 2022. This affordability positions Daniels County as a potential investment opportunity within the Montana property market. Average residential energy tax credits per tax return have decreased notably from $400.00 in 2013 to... Read more
Median Value of Occupied Housing Units in Daniels County, Montana Over the Last 8 Years
Over the past eight years, Daniels County, Montana has seen its median home values fluctuate, peaking at $164,700 in 2020 before slightly stabilizing. This is a modest increase when compared to Montana’s rising trend, where median values reached $305,700 in 2022. Despite this, Daniels County remains a more affordable option within the state, potentially offering investment opportunities for those seeking to enter the Montana property market without the steep initial costs seen statewide. Nationally, home values have climbed steadily to $179,400 by 2022, positioning Daniels County as an economically attractive option when weighed against the broader US market.
Residential Energy Tax Credit Per Tax Return in Daniels County, MT Over the Last 2 Years
Daniels County, Montana has seen a marked decline in the average residential energy tax credit per tax return over the past two years. In 2013, residents could potentially claim an average of $400.00, which may reflect significant energy-efficient investments. However, by 2015, this average credit had decreased to $250.00. This trend might suggest a reduction in either the adoption of energy-efficient improvements or changes in tax incentive policies, potentially impacting those considering energy-efficient upgrades. Investors, appraisers, and real estate agents might find this indicative of shifting priorities or economic conditions within the county.
Average Real Estate Taxes Per Tax Return in Daniels County, MT Over the Last 10 Years
Over the past decade, Daniels County, Montana has experienced noticeable fluctuations in real estate taxes per tax return. Starting at approximately $1,421.05 in 2012, there was a general upward trend reaching a high of $2,850.00 in 2020 before a notable decrease to $2,150.00 in 2021. This variation highlights potential tax policy changes or shifts in property values. For investors, homeowners, and real estate professionals, this pattern suggests a dynamic market that may require careful monitoring and planning.
Percentage of Farm Returns in Daniels County, MT Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Daniels County, Montana has been on a general decline, dropping from 26.37% in 2012 to 21.98% in 2021. This trend suggests a shrinking role of farming in the county's economic landscape. For those considering investment, property development, or relocation to Daniels County, this could indicate a shift towards non-farming economic activities or diversification in income sources. Farm tax returns reflect the number of individuals or entities reporting income from agricultural activities to the IRS. In the context of Daniels County, the decreasing percentage may highlight challenges in the agricultural sector or growing opportunities in other industries. This information is crucial for understanding the evolving economic dynamics and potential growth sectors in the area.
Number of Mortgages by Occupancy Type in Daniels County, MT Over the Last 5 Years in Daniels County
Daniels County, Montana has seen notable fluctuations in mortgage counts across occupancy types over the past five years. The majority mortgages are consistently for principal residences, peaking at 52 in 2021, while investment properties and second residences see minimal activity, each maintaining around one mortgage annually. These shifts in occupancy types could significantly impact local real estate dynamics; higher principal residence purchases might suggest a stable or growing population, influencing investment opportunities, residential construction, and property values. For insurance agents, these trends inform risk assessments linked to occupancy type, while appraisers might find shifts indicative of broader economic or demographic changes.
Economic Outlook
Daniels County, Montana has experienced notable fluctuations in average taxable incomes and tax liabilities over the past decade. The average taxable income jumped to about $74,103.49 in 2021, despite a dip to $50,932.14 in 2019, suggesting potential economic events worth exploring. State and local income taxes per tax return peaked at $9950.00 in 2020, hinting at possible policy shifts. Average total tax liability varied significantly, with lows around $7,619.05 in 2019 and highs near... Read more
Average Taxable Income per Tax Return in Daniels County, MT over the last 9 years
Daniels County, Montana has seen fluctuating average taxable incomes over the past nine years, with notable increases between 2017 and 2018, and a striking jump to approximately $74,103.49 in 2021. While 2019 experienced a dip to around $50,932.14, the general trend appears upward. These fluctuations might be a signal to potential investors or real estate agents of underlying economic events or changes in the local job market that could be worth investigating.
Average State and Local Income Taxes Per Tax Return in Daniels County, MT Over the Last 10 Years
Over the past decade, Daniels County, Montana has seen fluctuations in average state and local income taxes per tax return, peaking at $9950.00 in 2020 and dipping to the lowest at $5140.00 in 2019. These variances could indicate shifts in local economic conditions or changes in tax policies. Such financial trends are crucial for potential investors, real estate developers, and residents to consider when evaluating the area's fiscal health and planning for future expenditures.
Average Total Tax Liability Per Tax Return in Daniels County, MT Over the Last 10 Years
Over the last decade, Daniels County, Montana has seen fluctuations in average total tax liability per tax return, ranging from a low of approximately $7,619.05 in 2019 to a high of around $12,797.40 in 2012. Interestingly, the liability spiked again in 2021, reaching about $10,815.94. These variations may hint at underlying economic shifts or policy changes impacting the area. Such data could be crucial for potential investors, real estate agents, and insurance agents looking to understand the fiscal environment in Daniels County.
Cost of Living in Daniels County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,119 | $1,520 | $1,968 | $1,397 | $1,461 |
| 1 adult 4 children | $1,119 | $1,241 | $1,524 | $1,397 | $1,609 |
| 2 adults 3 children | $1,119 | $1,242 | $1,698 | $1,397 | $1,200 |
| 1 adult 3 children | $1,119 | $1,014 | $1,254 | $1,397 | $1,337 |
| 2 adults 2 children | $826 | $1,017 | $1,428 | $1,211 | $974 |
| 1 adult 2 children | $826 | $759 | $984 | $1,211 | $981 |
| 2 adults 1 child | $826 | $803 | $1,159 | $605 | $846 |
| 1 adult 1 child | $826 | $519 | $714 | $605 | $737 |
| 2 adults | $628 | $645 | $889 | $0 | $651 |
| 1 adult | $596 | $352 | $444 | $0 | $567 |
Demographics
Daniels County, Montana's adult population is nearly evenly split by gender, with men and women making up comparable portions of the demographic. Educational attainment here shows a leaning towards high school graduates and those with some college experience, but a notable percentage have moved on to obtain bachelor's and graduate degrees, which could imply an evolving educational landscape. Age distribution suggests a larger proportion of older adults, especially those over 55, hinting at a... Read more
Race Distribution in Daniels County, Montana (2022)
Educational Attainment in Daniels County, Montana (2022)
Age Distribution in Daniels County, Montana
Citizen Population in Daniels County, Montana (2022)
Political Trends & Data
Daniels County, Montana, exhibited a significant Republican leaning in the 2020 U.S. Presidential Election, with 78.8% of votes going to the GOP. Democrats, on the other hand, received just 19.2% of the vote, highlighting an intriguing political divide that's possibly influenced by the county's rural demographics. The minimal Libertarian presence, at around 2%, and absence of Green party votes further underscore the strong two-party dynamics in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Daniels County, Montana, the 2020 U.S. Presidential Election results suggest a strong preference towards the Republican party with 78.8% of the votes, while Democrats garnered just 19.2%. The Libertarian presence was minimal at about 2%, and there were no votes for the Green party. It's interesting to note the significant disparity between the Republican and Democratic votes, which may reflect broader political trends and local demographics in rural areas of Montana.
78.80% of voters voted for the Republican party in the 2020 Presidential Election
19.23% of voters voted for the Democrat party in the 2020 Presidential Election
1.97% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Daniels County, Montana has seen its student-to-teacher ratio fluctuate from 12 in 2014 to around 15 in 2023, peaking at 16 in 2017. These variations, especially when exceeding the national average of 14, might affect education quality and signal shifts in population demographics or school funding. Tracking these trends is crucial for real estate professionals, investors, and potential residents as it impacts decisions on resource allocation, school capacity, property values, and overall... Read more
Student-to-teacher ratio in Daniels County, Montana over the last 10 years
The student-to-teacher ratio in Daniels County, Montana has shown fluctuations over the last decade, with numbers moving from 12 in 2014 to approximately 15 in 2023. Notably, the ratio peaked at 16 in 2017 before dropping again. This is noteworthy when compared to the national average of 14 students per teacher, as periods where Daniels County exceeds this average could indicate larger class sizes, potentially impacting the quality of education. Changes in these ratios may signal shifts in population demographics or school funding, both critical data points for investors, potential residents, appraisers, insurance agents, builders, and real estate professionals. Understanding these trends can help stakeholders make informed decisions about everything from resource allocation and school capacity to property values and community appeal.
