Dawson County Real Estate and Livability Trends
Dawson County, Montana, has seen interesting financial and real estate trends worth noting. The median home value jumped to $197,100 in 2022 from a stable $150,000 in previous years, showing potential growth opportunities compared to the national median of $179,400 and Montana's $305,700. Fluctuating average taxable incomes and state and local tax liabilities also hint at economic variability,... Read more
Dawson County Market Trends
Dawson County, Montana's real estate market has had interesting trends recently. The median home value shot up to $197,100 in 2022 from a steady $150,000 for most of 2015-2021. This sharp increase, compared to the national median of $179,400 and Montana’s $305,700, suggests potential for future growth. Residential energy tax credits peaked at $550.00 in 2021, hinting at increased investment in... Read more
Median Value of Occupied Housing Units in Dawson County, Montana Over the Last 8 Years
Dawson County, Montana has experienced quite a varied journey in median home values over the last eight years, peaking significantly in 2022 at $197,100 after remaining relatively stable around the $150,000 range from 2015 to 2021. Compared to the national trends, where home values have seen a more consistent increase reaching $179,400 in 2022, Dawson County's sudden spike presents potential opportunities for investors who believe in continued growth or a rebalancing in the region. When juxtaposed with the higher upward trajectory of Montana's state-wide median values, soaring from $193,500 in 2015 to $305,700 in 2022, Dawson County offers a lower entry point with potentially significant upside, making it an intriguing consideration for those looking to move to or invest in this area.
Residential Energy Tax Credit Per Tax Return in Dawson County, MT Over the Last 8 Years
Over the last eight years in Dawson County, Montana, the average residential energy tax credit per tax return has varied, peaking significantly at $550.00 in 2021. There was a noticeable increase between 2016 and 2021, following a prior dip in 2017 and 2019. This fluctuation could indicate varying levels of investment in energy-efficient home improvements or changes in tax incentive policies. The spike in 2021 suggests a marked shift, potentially hinting at increased local interest in energy efficiency or newly implemented, more substantial tax incentives. These trends could prove crucial for investors, real estate agents, and builders focusing on energy-efficient properties, framing Dawson County as a potentially progressive area in terms of residential energy improvements.
Average Real Estate Taxes Per Tax Return in Dawson County, MT Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in Dawson County, Montana have seen a notable upward trend, starting at roughly $1,541.76 in 2012 and peaking at approximately $3,022.73 in 2018. This increase suggests a heightened demand or valuation in the area, which is pertinent for potential investors, real estate agents, and insurance agents assessing the market. However, the minor decline observed in 2021, with a value around $2,688.89, might indicate a period of stabilization or market adjustment, offering a nuanced context for those considering property developments or investments.
Percentage of Farm Returns in Dawson County, MT Over the Last 10 Years
Over the last decade in Dawson County, Montana, the percentage of farm tax returns fluctuated around 8.5% to 9.0%. Farm tax returns generally indicate the proportion of tax filings from farming activities and can be a metric for the agricultural sector's economic health. Investors and residents might find this interesting because a stable percentage suggests a consistent presence of farming operations, potentially signaling opportunities or stability in agribusiness and supporting industries. This could also impact property value trends and community planning efforts as steady agricultural activity can influence local economies.
Number of Mortgages by Occupancy Type in Dawson County, MT Over the Last 5 Years in Dawson County
In Dawson County, Montana, the mortgage landscape has seen significant shifts over the past five years, particularly in principal residences, which surged to 454 in 2021 from 209 in 2018, indicating heightened demand for primary homes. Investment properties have shown a steady, albeit small, presence with values hovering around the mid-20s, while second residences, although minimal, have increased slightly. Changes in occupancy type can signal various economic and social dynamics—rising principal residence mortgages might reflect a growing local population or an influx of new residents, impacting everything from local businesses to school enrollments. For investors, stable investment property counts suggest consistent rental market demand. These trends can guide appraisal values, insurance assessments, and real estate market strategies.
Economic Outlook
Dawson County, Montana, has seen fluctuations in its average taxable income per tax return, ranging from $54,559.26 in 2017 to $63,840.20 in 2021. This variability might be inviting for investors due to signs of potential economic growth in recent years. Similarly, average state and local income taxes have shown volatility, with the highest being around $6,754.78 in 2015 and the lowest at $5,323.58 in 2016, potentially influencing financial considerations for new residents. The total tax... Read more
Average Taxable Income per Tax Return in Dawson County, MT over the last 9 years
Dawson County, Montana has experienced notable fluctuations in average taxable income per tax return over the past nine years, with figures ranging from approximately $54,559.26 in 2017 to around $63,840.20 in 2021. These swings highlight a variable economic environment that potential investors and residents might want to consider. The relatively higher point in 2021 could hint at positive economic developments, making it a potentially appealing time for real estate investments and business ventures. For insurance agents and appraisers, understanding these trends might offer a clearer picture of the economic landscape and assist in better risk assessment and property valuation.
Average State and Local Income Taxes Per Tax Return in Dawson County, MT Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Dawson County, Montana, have shown fluctuations rather than consistent growth or decline. The highest average was approximately $6,754.78 in 2015, while the lowest was around $5,323.58 in 2016, indicating some volatility in tax burdens. For potential investors or new residents, this variability might influence financial planning and budgeting considerations. Real estate agents and appraisers may find this data useful to gauge the economic climate's impact on housing prices and market stability.
Average Total Tax Liability Per Tax Return in Dawson County, MT Over the Last 10 Years
In Dawson County, Montana, the average total tax liability per tax return has shown significant fluctuations over the last decade, peaking at $10,527.42 in 2014 and dipping to $7,143.67 in 2020. Recent years saw a recovery to $8,570.75 in 2021. For those interested in property investment or real estate, these shifts could reflect underlying economic changes that might impact property values and financial planning. Insurance agents and appraisers might also take note as variations in tax liability can be indicative of broader fiscal trends within the county.
Cost of Living in Dawson County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,104 | $1,488 | $1,968 | $1,156 | $1,268 |
| 1 adult 4 children | $1,104 | $1,215 | $1,524 | $1,156 | $1,399 |
| 2 adults 3 children | $1,104 | $1,216 | $1,698 | $1,156 | $1,023 |
| 1 adult 3 children | $1,104 | $992 | $1,254 | $1,156 | $1,134 |
| 2 adults 2 children | $907 | $995 | $1,428 | $1,002 | $890 |
| 1 adult 2 children | $907 | $743 | $984 | $1,002 | $871 |
| 2 adults 1 child | $907 | $786 | $1,159 | $501 | $799 |
| 1 adult 1 child | $907 | $508 | $714 | $501 | $680 |
| 2 adults | $803 | $632 | $889 | $0 | $661 |
| 1 adult | $654 | $345 | $444 | $0 | $563 |
Safety trends & Data
Dawson County, Montana, has seen notable fluctuations in property crimes over the past five years. Larceny-theft cases decreased dramatically from 22 in 2018 to just 1 in 2022. Vandalism peaked at 17 cases in 2021 before dropping to 2 in 2022. Motor vehicle thefts doubled from 3 in 2018 to 8 in 2021, but none were reported in 2022. Embezzlement and fraud cases remain sporadic but low in volume. These shifts are key for investors, property builders, and potential relocators as they could... Read more
Property Crime Trends in Dawson County, MT Over the Last 5 Years
Dawson County, Montana has seen notable fluctuations in property crime over the past five years. Larceny-theft incidents display a general decrease, dropping from 22 cases in 2018 to just 1 in 2022. Vandalism shows an increase, peaking at 17 cases in 2021 before falling to 2 in 2022. Motor vehicle thefts doubled from 2018's count of 3 to 8 in 2021, but none were reported in 2022. Embezzlement and fraud cases seem sporadic but low in volume. These patterns are essential for potential investors, property builders, and those considering relocation, as they indicate shifting crime trends and could impact property insurance rates and real estate evaluations.
Demographics
Dawson County, Montana's demographics reveal some distinct patterns. The adult population leans slightly male with 3,655 men compared to 3,288 women. Educational attainment shows a substantial proportion with some college education or an associate's degree, however, graduate degrees are less common. Age distribution highlights a larger segment of residents between the ages of 25 to 34 and 55 to 64, suggesting a possible trend toward both younger and pre-retirement age groups. The racial makeup... Read more
Race Distribution in Dawson County, Montana (2022)
Educational Attainment in Dawson County, Montana (2022)
Age Distribution in Dawson County, Montana
Citizen Population in Dawson County, Montana (2022)
Political Trends & Data
Dawson County, Montana tends to show a strong conservative leaning, with Republicans possibly securing about 78% of the vote in the 2020 U.S. Presidential Election. This could influence local policies and impact the political environment, making it essential for potential investors and residents to consider the area's political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Dawson County in Montana showed a significant leaning towards the Republican Party in the 2020 U.S. Presidential Election, with Republicans potentially securing around 78% of the votes. Democrats, on the other hand, might have garnered just about 20%, and Libertarians captured approximately 2%. This data suggests a strong conservative presence in the county, which could impact local policies and political dynamics.
77.89% of voters voted for the Republican party in the 2020 Presidential Election
19.94% of voters voted for the Democrat party in the 2020 Presidential Election
2.18% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Dawson County, Montana, the student-to-teacher ratio has consistently been below the national average of 14 students per teacher, fluctuating between 7 and 11 over the past decade. The peak ratio was nearly 11 in 2016, which is still relatively low. This could suggest more individualized attention for students, a potential selling point for real estate agents and investors. Appraisers and insurance agents might find this educational metric valuable when making... Read more
Student-to-teacher ratio in Dawson County, Montana over the last 10 years
The student-to-teacher ratio in Dawson County, Montana over the last decade has generally been below the national average of 14 students per teacher, with values fluctuating between 7 and 11. The ratio hit its peak in 2016 at nearly 11, which remains relatively low compared to national standards. These lower ratios could imply more individualized attention for students, potentially influencing decisions for families considering moving to the area. For real estate agents and investors, the appealing education metrics might serve as a selling point. Appraisers and insurance agents might also find value in highlighting the educational quality as part of their assessments.
