Judith Basin County Real Estate and Livability Trends
Judith Basin County, Montana has seen dramatic shifts in average taxable income, peaking at $59,225.96 in 2021 from a low of $40,229.90 in 2019, and fluctuating state and local income taxes could impact housing market stability and fiscal planning. Median home values have risen sharply from $122,000 in 2015 to $206,000 in 2022, offering more affordable options compared to Montana's $305,700... Read more
Judith Basin County Market Trends
Judith Basin County's median home values experienced a steep rise from $122,000 in 2015 to $206,000 in 2022, yet they remain lower compared to Montana's $305,700 median, offering relatively affordable options. Average real estate taxes in the county saw a notable increase from $1,750.00 in 2017 to $2,450.00 in 2020, which could be a sign of rising property values or tax adjustments. Around 26.26%... Read more
Median Value of Occupied Housing Units in Judith Basin County, Montana Over the Last 8 Years
Comparing Judith Basin County's median home values to both Montana and national trends, it's interesting to note a significant gap. While the county saw a steep rise from $122,000 in 2015 to $206,000 in 2022, Montana's median home values climbed much higher, reaching $305,700. Nationally, values increased more modestly to $179,400 in the same period. This disparity suggests that Judith Basin County might still offer relatively affordable housing within the state, potentially attracting new residents or investors looking for lower entry pricing in Montana's real estate market.
Average Real Estate Taxes Per Tax Return in Judith Basin County, MT Over the Last 8 Years
The trend in Judith Basin County, Montana, shows that average real estate taxes per tax return have shown some fluctuations over the past eight years, initially increasing from $1,220.00 in 2012 to $1,420.00 in 2013, then dipping slightly in the following years. Notably, there was a significant spike from $1,750.00 in 2017 to $2,450.00 in 2020. This rising trajectory might suggest growing property values or changes in tax rates, which could be relevant for investors and real estate professionals assessing the market dynamics. Appraisers, insurance agents, and those looking to build property might find this information useful for adjusting their valuations and coverage plans accordingly.
Percentage of Farm Returns in Judith Basin County, MT Over the Last 10 Years
In Judith Basin County, Montana, the percentage of farm tax returns has mostly hovered between 26.26% and 30.53% over the past 10 years. The highest percentage seen was approximately 30.53% in 2018, with a noticeable increase starting in 2016. This trend may imply an ongoing investment in agricultural activities, potentially making the county a viable option for those interested in farming-related ventures. If you're eyeing up property investments or considering moving to Judith Basin County, understanding these farm return trends can give you insights into the area's agricultural viability and economic priorities.
Number of Mortgages by Occupancy Type in Judith Basin County, MT Over the Last 5 Years in Judith Basin County
Over the last five years in Judith Basin County, Montana, there has been noticeable fluctuation in mortgage counts across different occupancy types. Principal residences saw a peak in 2020 with 73 mortgages, reflecting potentially heightened buyer interest or accessible financing during that period. Investment property mortgages remained relatively low and stable, indicating a possibly limited market for rental investments. Second residences also remained consistently minimal, peaking slightly in 2021 with 5 mortgages. Shifts in these trends can suggest varying levels of economic confidence and influence market strategy for investors and real estate agents, while also affecting property valuation and risk assessment for appraisers and insurance agents. Residents and those looking to move into the area might interpret these trends as indicative of both market stability and community investment levels.
Economic Outlook
Judith Basin County, Montana has shown substantial fluctuations in average taxable income, peaking at $59,225.96 in 2021 from a low of $40,229.90 in 2019. Similarly, state and local income taxes have varied significantly, with a peak of $7,925.00 in 2014 and a low of $4,600.00 in 2019. Total tax liability per tax return also sees notable unpredictability, reaching $8,825.32 in 2021. These economic variances could affect housing market stability, consumer spending, and fiscal planning, making it... Read more
Average Taxable Income per Tax Return in Judith Basin County, MT over the last 9 years
Judith Basin County, Montana has experienced notable fluctuations in average taxable income per tax return over the past nine years. From a low of $40,229.90 in 2019 to a significant peak of $59,225.96 in 2021, the data indicates variable economic conditions, which could be influenced by diverse factors such as local industry performance, employment rates, and population dynamics. This level of income volatility is critical for investors, appraisers, insurance agents, and real estate professionals to consider, as it affects everything from housing market stability to consumer spending power in the area.
Average State and Local Income Taxes Per Tax Return in Judith Basin County, MT Over the Last 10 Years
Judith Basin County, Montana has experienced significant fluctuations in average state and local income taxes per tax return over the past decade, with values ranging from a low of $4,600.00 in 2019 to a peak of $7,925.00 in 2014. These variations can impact fiscal planning for both individuals and businesses considering investment in the area. It's important for prospective property buyers, insurance agents, and real estate professionals to stay informed about these trends as they may reflect underlying economic conditions influencing the broader real estate market.
Average Total Tax Liability Per Tax Return in Judith Basin County, MT Over the Last 10 Years
Over the past decade in Judith Basin County, Montana, there has been notable fluctuation in average total tax liability per tax return, peaking at $8,825.32 in 2021. Interestingly, there's no clear upward or downward trend, with significant year-to-year variability. For instance, there was a sharp increase from 2013's $7,226.09 to 2014's $8,600.00, followed by a decrease to $7,201.39 in 2015. This variability can indicate periodic economic shifts, changes in tax policies, or variations in household incomes. Such data may be crucial for prospective investors, appraisers, and real estate agents in making informed decisions regarding taxation impacts, property values, and overall economic health within the county.
Cost of Living in Judith Basin County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,005 | $1,460 | $2,018 | $1,170 | $1,354 |
| 1 adult 4 children | $1,005 | $1,192 | $1,562 | $1,170 | $1,498 |
| 2 adults 3 children | $1,005 | $1,193 | $1,741 | $1,170 | $1,098 |
| 1 adult 3 children | $1,005 | $974 | $1,286 | $1,170 | $1,219 |
| 2 adults 2 children | $826 | $976 | $1,465 | $1,014 | $949 |
| 1 adult 2 children | $826 | $729 | $1,009 | $1,014 | $945 |
| 2 adults 1 child | $826 | $772 | $1,188 | $507 | $847 |
| 1 adult 1 child | $826 | $498 | $732 | $507 | $717 |
| 2 adults | $628 | $620 | $912 | $0 | $657 |
| 1 adult | $596 | $338 | $456 | $0 | $585 |
Demographics
Judith Basin County, Montana, exhibits a predominantly white population, with only a modest presence of other racial groups. The adult population skews slightly male with 813 men compared to 704 women. Educational attainment trends reveal that most adults have at least a high school education, with a significant portion having attended some college or earning a bachelor’s degree. The age distribution is notably weighted towards older residents, particularly those between 55 to 64 years and 65... Read more
Race Distribution in Judith Basin County, Montana (2022)
Educational Attainment in Judith Basin County, Montana (2022)
Age Distribution in Judith Basin County, Montana
Citizen Population in Judith Basin County, Montana (2022)
Political Trends & Data
In Judith Basin County, Montana, the real estate market is potentially influenced by its strong Republican leaning, with around 77% of the vote in the 2020 U.S. Presidential Election supporting Republican candidates. Democratic support hovers just above 20%, while Libertarians barely register at about 2%. This political inclination might subtly impact housing demand, community values, and investment trends, shaping the county's unique market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Judith Basin County, Montana, appears to lean heavily Republican with approximately 77% of the vote in the 2020 U.S. Presidential Election. Democratic candidates garnered just over 20% of the vote, while Libertarians held a minor presence with about 2%. The almost negligible support for third parties underscores a strong two-party preference in this county.
77.38% of voters voted for the Republican party in the 2020 Presidential Election
20.46% of voters voted for the Democrat party in the 2020 Presidential Election
2.16% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Judith Basin County, Montana has maintained a student-to-teacher ratio consistently lower than the national average of fourteen students per teacher over the past decade, dipping as low as six in 2017 and 2018. This trend could be appealing to families prioritizing education, potentially driving interest from investors and education professionals. As a result, property values in the area might be positively influenced due to the perceived higher educational outcomes, presenting a marketing... Read more
Student-to-teacher ratio in Judith Basin County, Montana over the last 10 years
Judith Basin County, Montana has showcased a student-to-teacher ratio consistently lower than the national average of fourteen students per teacher over the last decade. The county's ratio fluctuated between under seven to just over eight students per teacher, hitting a low of six in 2017 and 2018 and a high of nearly nine in 2015. These low ratios might attract investors, families, and education professionals, suggesting more individualized attention for students and potential for higher educational outcomes. This trend can influence property values and the attractiveness of the area for those prioritizing education. Real estate agents and developers might see an opportunity to highlight these ratios when marketing properties, while appraisers and insurance agents can consider these factors when assessing the area's amenities.
