Golden Valley County Real Estate and Livability Trends
Golden Valley County, Montana showcases notable real estate trends with median home values rising from $95,000 in 2015 to $138,900 in 2022. This affordability compared to state and national averages could be compelling for buyers. Over the years, real estate taxes have seen variability, peaking at $1,425.00 in 2017, influenced perhaps by shifting tax rates or property valuations. Interestingly,... Read more
Golden Valley County Market Trends
Golden Valley County, Montana has seen median home values climb from $95,000 in 2015 to $138,900 in 2022, significantly more affordable than the state and national averages. Real estate taxes have fluctuated over the past six years, peaking at $1,425.00 in 2017, which could indicate variability in tax rates or property values key for investors and homeowners. The slight but consistent fluctuation... Read more
Median Value of Occupied Housing Units in Golden Valley County, Montana Over the Last 8 Years
Golden Valley County, Montana has experienced fluctuating yet upward-trending median home values over the past eight years, starting at $95,000 in 2015 and reaching $138,900 in 2022. Compared to the state of Montana, where values have skyrocketed from $193,500 to $305,700 in the same timeframe, Golden Valley remains significantly more affordable. On the national level, the median value in the United States rose from $125,500 in 2015 to $179,400 in 2022. For those in Golden Valley County, this means the area remains notably economical relative to broader state and national trends, which could present significant investment potential and a more budget-friendly living environment.
Average Real Estate Taxes Per Tax Return in Golden Valley County, MT Over the Last 6 Years
In Golden Valley County, Montana, the average real estate taxes per tax return have seen a fluctuating trend over the last six years. From 2012 to 2017, taxes increased from $1,150.00 to $1,425.00, though there was a notable dip to $1,140.00 in 2016. This pattern might suggest variability in tax rates or property values, which can be pivotal for those looking to invest or build property in the area. These fluctuations hold implications for appraisers evaluating property values and insurance agents assessing risk. Real estate agents and prospective buyers should be keen on these trends for better decision-making.
Percentage of Farm Returns in Golden Valley County, MT Over the Last 10 Years
Golden Valley County, Montana, shows a slight but consistent fluctuation in the percentage of farm tax returns over the past decade, fluctuating between 16.60% to 20.45%. Farm tax returns can potentially provide insights into the profitability and scale of agricultural activities within the region. This trend is vital for those looking to invest in agricultural ventures or businesses dependent on local farming activities, as it reflects the financial health and persistence of farming operations in the county. With percentages generally hovering around the 18%-20% mark, the data might suggest a relatively stable agricultural sector with periodic variations that could be influenced by economic, environmental, or policy changes.
Number of Mortgages by Occupancy Type in Golden Valley County, MT Over the Last 5 Years in Golden Valley County
Golden Valley County, Montana has shown a consistent interest in principal residences, with a noticeable spike in 2021 where the number of mortgages peaked at 33. The occurrence of investment and second homes remains low, indicating a stronger focus on primary residency. This trend could imply a stable, residentially-driven market which may be appealing for those prioritizing permanent housing. For investors, the low count of investment properties might suggest untapped potential, whereas insurance agents and real estate professionals could find the predictable demand for principal residences useful for risk assessment and market analysis. Understanding these dynamics is crucial for strategic planning and decision making in this locale.
Economic Outlook
Golden Valley County, Montana has shown varying average taxable incomes and state and local income taxes over the past decade. After peaking at $46,489.13 in 2014, taxable incomes dipped to $34,179.07 in 2018 but have recently surged to around $47,602.23 in 2021. Similarly, average total tax liabilities have seen peaks in 2014 and 2021, likely pointing to economic shifts or demographic changes. These trends offer potential insights for real estate agents and investors who look at tax variations... Read more
Average Taxable Income per Tax Return in Golden Valley County, MT over the last 9 years
Golden Valley County, Montana has seen a fluctuating trend in average taxable income per tax return over the past nine years. Initially, the county experienced a peak in 2014 with average incomes reaching approximately $46,489.13, but this was followed by a dip in succeeding years, hitting a low around $34,179.07 in 2018. However, more recently, there seems to be a notable upswing, with the average taxable income rising to about $47,602.23 by 2021. This variability may suggest economic shifts or changing demographics in the area, which could interest investors and real estate agents considering the region’s financial and social vitality. Appraisers and insurance agents might also find the data useful to gauge property values and assess risk more accurately.
Average State and Local Income Taxes Per Tax Return in Golden Valley County, MT Over the Last 6 Years
Golden Valley County, Montana has experienced notable fluctuations in average state and local income taxes per tax return over the past six years. Starting at $4,375.00 in 2012, the taxes increased sharply to a peak of $6,357.14 in 2014, likely due to economic changes or policy adjustments. This peaked value then experienced a mixed trend with a decrease to $5,571.43 in 2015, a rise again in 2016 to $6,142.86, and a significant drop to $4,333.33 by 2017. These variations could signal shifting economic conditions, tax regulations, or demographic changes, offering potential insights for real estate agents, investors, appraisers, and residents planning financial decisions or property investments in the area.
Average Total Tax Liability Per Tax Return in Golden Valley County, MT Over the Last 10 Years
Over the past decade, Golden Valley County in Montana has seen fluctuating average total tax liabilities per tax return, with notable peaks in 2014 and 2021, where values reached $7,175.76 and $7,968.97 respectively. These trends potentially reflect variations in local economic conditions, policy changes, and demographic shifts. Investors, appraisers, and real estate agents should consider these tax liabilities as indicators of the evolving economic landscape that could influence property values, insurance rates, and overall cost of living in the area.
Cost of Living in Golden Valley County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,273 | $1,456 | $1,968 | $1,481 | $1,701 |
| 1 adult 4 children | $1,273 | $1,189 | $1,524 | $1,481 | $1,870 |
| 2 adults 3 children | $1,273 | $1,189 | $1,698 | $1,481 | $1,428 |
| 1 adult 3 children | $1,273 | $971 | $1,254 | $1,481 | $1,591 |
| 2 adults 2 children | $905 | $974 | $1,428 | $1,284 | $1,105 |
| 1 adult 2 children | $905 | $727 | $984 | $1,284 | $1,168 |
| 2 adults 1 child | $905 | $769 | $1,159 | $642 | $960 |
| 1 adult 1 child | $905 | $497 | $714 | $642 | $823 |
| 2 adults | $688 | $618 | $889 | $0 | $714 |
| 1 adult | $653 | $337 | $444 | $0 | $627 |
Demographics
In Golden Valley County, Montana, the adult population is almost evenly split between male and female. Educational attainment shows a strong emphasis on high school education, with a diverse spread in additional qualifications. The age distribution indicates a notable concentration in the 55 to 64 age bracket, and the racial makeup is predominantly White, with very small representations from other racial backgrounds. These data points suggest a primarily older, evenly gendered, and largely... Read more
Race Distribution in Golden Valley County, Montana (2022)
Educational Attainment in Golden Valley County, Montana (2022)
Age Distribution in Golden Valley County, Montana
Citizen Population in Golden Valley County, Montana (2022)
Political Trends & Data
Golden Valley County in Montana tilted strongly Republican during the 2020 U.S. Presidential Election, with over 82.00% of votes favoring the Republican candidate. The Democratic contender received about 15.50%, and the Libertarian less than 2.20%. This Republican dominance might indicate a conservative voter base, yet the minor Libertarian presence suggests some ideological variety in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Golden Valley County in Montana leaned heavily Republican in the 2020 U.S. Presidential Election, with just over 82% of votes cast for the Republican candidate. The Democratic candidate garnered roughly 15.5% of the vote, while the Libertarian candidate received just under 2.2%. The dominance of the Republican party in this county could suggest a solid conservative base, though the small Libertarian share hints at some ideological diversity.
82.31% of voters voted for the Republican party in the 2020 Presidential Election
15.51% of voters voted for the Democrat party in the 2020 Presidential Election
2.19% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Golden Valley County, Montana boasts a student-to-teacher ratio significantly below the national average of 14:1, often ranging between 4 and 6 students per teacher over the last decade. This trend may suggest more individualized attention for students and potentially higher quality education. For real estate investors or potential homebuyers, this emphasis on smaller class sizes could enhance the appeal of the local school districts. Such a ratio might also positively influence property... Read more
Student-to-teacher ratio in Golden Valley County, Montana over the last 10 years
The student-to-teacher ratio in Golden Valley County, Montana has consistently been significantly lower than the national average of 14 students per teacher over the last decade, fluctuating mostly between four and six students per teacher. This low ratio might suggest more individualized attention and potentially higher quality education for students in the county. For those looking to invest or move to the area, this could indicate a strong support for education and a community that prioritizes small class sizes. This trend is particularly noteworthy for real estate agents and potential homebuyers, as it might enhance the appeal of local school districts. Additionally, insurers and appraisers might consider this factor when evaluating properties, as it could reflect positively on the area's community resources and overall quality of life.
