Deer Lodge County Real Estate and Livability Trends
Deer Lodge County, Montana's real estate market reflects rising median home values, jumping from $130,100 in 2015 to $175,700 in 2022, potentially marking the area as an affordable alternative within the state. The increase in average taxable income and peak in tax liability in 2021 may suggest a flourishing local economy, spurring interest from investors. Additionally, a notable decline in... Read more
Deer Lodge County Market Trends
Deer Lodge County, Montana's real estate market has experienced a notable rise in median home values from $130,100 in 2015 to $175,700 in 2022, offering a more affordable entry point compared to the state’s steeper increase from $193,500 to $305,700. Over the past decade, real estate taxes per tax return have risen significantly, peaking at $3,494.12 in 2019 and indicating rising property... Read more
Median Value of Occupied Housing Units in Deer Lodge County, Montana Over the Last 8 Years
Deer Lodge County, Montana has seen a fluctuating yet upward trend in its median home values over the past eight years, starting at $130,100 in 2015 and climbing to $175,700 by 2022. This growth rate is particularly remarkable when compared to the state's overall median value, which increased from $193,500 to $305,700 in the same period, reflecting faster appreciation at the state level. Nationally, the median value also exhibited a steady rise from $125,500 to $179,400. For potential investors or residents, Deer Lodge County presents a relatively affordable entry point with significant appreciation potential, especially when compared to Montana's steep rise.
Residential Energy Tax Credit Per Tax Return in Deer Lodge County, MT Over the Last 8 Years
Residential energy tax credits in Deer Lodge County, Montana, have shown quite a bit of volatility over the past eight years. Starting with an average of $207.69 per tax return in 2013, there was a notable dip to $180.00 in 2015. However, significant increases can be observed in certain years, peaking at $337.50 in 2021. These fluctuations might suggest varying levels of investment in energy-efficient improvements or changes in state or federal policies impacting tax credits. For investors and real estate professionals, this could indicate opportunities in the renewable energy sector, potentially enhancing property value and marketability.
Average Real Estate Taxes Per Tax Return in Deer Lodge County, MT Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Deer Lodge County, Montana have seen a steady increase from around $1,925.81 in 2012 to a peak of approximately $3,494.12 in 2019, before a slight decline in 2020 and 2021. This trend could indicate rising property values, making it a potential hotspot for investors while also signaling higher costs for current homeowners and prospective buyers. This shifting tax landscape is crucial for appraisers and insurance agents to monitor as it directly impacts property valuations and insurance premiums.
Percentage of Farm Returns in Deer Lodge County, MT Over the Last 10 Years
Over the last decade, Deer Lodge County, Montana has experienced slight fluctuations in the percentage of farm tax returns filed. The highest peak was approximately 1.65% in 2017, while the lowest recorded was around 1.10% in 2020. These variations hint at subtle, yet potentially impactful changes in agricultural activity within the county. For investors, property developers, and residents, this trend in farm tax returns could suggest shifts in the local agricultural economy, reflecting broader economic health and land use practices in the area.
Number of Mortgages by Occupancy Type in Deer Lodge County, MT Over the Last 5 Years in Deer Lodge County
Over the last five years in Deer Lodge County, Montana, there seems to be a fluctuating trend in the number of mortgages across different occupancy types. Principal residences have consistently dominated the mortgage counts, seeing a significant peak in 2021, but experienced a noticeable drop in 2022. Investment properties and second residences showed more stable yet less substantial fluctuations, with both peaking in 2021 before also dropping in 2022. For investors and builders, understanding these shifts is crucial for predicting market demand and potential returns. Appraisers and insurance agents can derive insights into property value trends and associated risks. Real estate agents and prospective homeowners might gauge market saturation and the best times for transactions.
Economic Outlook
Deer Lodge County, Montana has experienced a steady rise in average taxable income, climbing from around $43,477.22 in 2013 to nearly $60,276.87 in 2021. This growth could signal an improving local economy, which might intrigue investors, real estate agents, and potential residents. Concurrently, average state and local income taxes have also risen from approximately $3,961.29 in 2012 to about $5,581.25 in 2021, reflecting increased tax burdens. The overall tax liability trajectory shows a... Read more
Average Taxable Income per Tax Return in Deer Lodge County, MT over the last 9 years
Deer Lodge County, Montana has seen a notable upward trend in average taxable income per tax return over the past nine years. Starting at approximately $43,477.22 in 2013, the figure has incrementally grown each year, reaching about $60,276.87 in 2021. This steady increase suggests a potentially improving economic landscape in the county, which might interest investors, real estate agents, and those considering moving to the area. It can also indicate a higher standard of living or burgeoning local economy, potentially affecting property values and insurance premiums.
Average State and Local Income Taxes Per Tax Return in Deer Lodge County, MT Over the Last 10 Years
Deer Lodge County, Montana has seen a notable increase in average state and local income taxes per tax return over the last decade, rising from approximately $3,961.29 in 2012 to around $5,581.25 in 2021, with a peak of $6,266.67 in 2019. This upward trend, albeit with some fluctuations, suggests increasing tax burdens that could impact decisions for potential investors, real estate developers, and new residents considering the area. For appraisers and insurance agents, understanding this tax trajectory might be essential when evaluating property and client contexts within the county.
Average Total Tax Liability Per Tax Return in Deer Lodge County, MT Over the Last 10 Years
Deer Lodge County, Montana, has seen fluctuations in average total tax liability per tax return over the past decade, with an overall upward trend. Starting at approximately $5,476.33 in 2012, the tax liability saw a steady increase, peaking dramatically in 2021 to around $8,035.88. For potential investors, real estate agents, and current residents, this trend could imply increasing valuations and real estate activity, impacting both property taxes and overall economic growth in the county. Appraisers and insurance agents might find these trends indicative of rising property values and potential for higher coverage needs.
Cost of Living in Deer Lodge County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,174 | $1,488 | $2,018 | $1,033 | $1,245 |
| 1 adult 4 children | $1,174 | $1,215 | $1,562 | $1,033 | $1,363 |
| 2 adults 3 children | $1,174 | $1,216 | $1,741 | $1,033 | $997 |
| 1 adult 3 children | $1,174 | $992 | $1,286 | $1,033 | $1,094 |
| 2 adults 2 children | $826 | $995 | $1,465 | $895 | $813 |
| 1 adult 2 children | $826 | $743 | $1,009 | $895 | $760 |
| 2 adults 1 child | $826 | $786 | $1,188 | $448 | $735 |
| 1 adult 1 child | $826 | $508 | $732 | $448 | $612 |
| 2 adults | $731 | $632 | $912 | $0 | $616 |
| 1 adult | $596 | $345 | $456 | $0 | $517 |
Safety trends & Data
Over the past five years, Deer Lodge County, Montana, has seen a generally declining trend in property crime, with larceny-theft dropping from 34.0 incidents in 2018 to 7.0 in 2022, and motor vehicle thefts decreasing from 14.0 to just 3.0. Vandalism incidents noted a decrease from 30.0 in 2018 to 10.0 in 2022. Burglary also trended downward, falling from 5.0 in 2018 to 1.0 in 2022. This data could signal increasing safety and effective crime management, making the area more attractive for... Read more
Property Crime Trends in Deer Lodge County, MT Over the Last 5 Years
Over the past five years, Deer Lodge County, Montana, has seen a fluctuating yet generally declining trend in property crime. Incidents of larceny-theft peaked in 2018 at 34.0 but then decreased to 7.0 by 2022. Similarly, motor vehicle thefts dropped significantly from 14.0 in 2018 to just 3.0 in 2022. Vandalism saw a notable decrease from 30.0 in 2018 to 10.0 in 2022, with a slight increase in 2021 to 4.0. Burglary incidents varied but ultimately decreased from 5.0 in 2018 to 1.0 in 2022. This data could be instrumental for potential investors, real estate agents, and residents as it may signify increasing safety and a positive trend in local crime management.
Demographics
Deer Lodge County, Montana, exhibits a slightly larger male population compared to females. The educational attainment data shows a significant portion of residents have just a high school diploma or some college experience but no degree. Age-wise, the population seems to lean towards older adults, with a notable number of residents aged 55 and over. The racial makeup is predominantly White, with very small representations from other racial groups. This demographic landscape can lead to unique... Read more
Race Distribution in Deer Lodge County, Montana (2022)
Educational Attainment in Deer Lodge County, Montana (2022)
Age Distribution in Deer Lodge County, Montana
Citizen Population in Deer Lodge County, Montana (2022)
Political Trends & Data
Deer Lodge County in Montana shows a slight Democratic lean with 52.4% of the 2020 U.S. Presidential vote, followed closely by Republicans at 44.7%, and a minor Libertarian presence at 2.9%. This political diversity might suggest a community that's fluid in its political alliances, hinting at a competitive environment rather than strong party... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Deer Lodge County, Montana, the 2020 U.S. Presidential Election results perhaps point to a lean towards the Democratic Party, with nearly 52.4% of the vote, while Republican support trails closely at around 44.7%. The Libertarian Party, though a minor player, still garners about 2.9%. Such figures might suggest a community with potential for shifting political alliances, rather than firm loyalty to a single party. This electoral behavior could indicate a politically diverse and somewhat competitive landscape in the county.
44.69% of voters voted for the Republican party in the 2020 Presidential Election
52.38% of voters voted for the Democrat party in the 2020 Presidential Election
2.92% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Deer Lodge County, Montana, has seen its student-to-teacher ratio drop from 15 students per teacher in 2014 to around 12 in 2023, noticeably below the current national average of 14. This trend suggests potential improvements in personalized attention in classrooms, which could enhance educational outcomes. For investors and real estate agents, this might point to a strengthening educational system that could contribute to community stability and growth, making the area more appealing to... Read more
Student-to-teacher ratio in Deer Lodge County, Montana over the last 10 years
Deer Lodge County, Montana, has shown a trend in its student-to-teacher ratio decreasing over the past decade. Starting from 15 students per teacher in 2014, the ratio gradually dipped to around 12 in 2023, which is below the current national average of 14 students per teacher. This decline in the ratio might indicate improvements in personalized attention in classrooms, benefiting educational outcomes and potentially making the county more attractive for families considering moving to the area. For investors, this could signal a strengthening educational system contributing to community stability and growth, while real estate agents might find this as a selling point to attract new residents.
