Lewis and Clark County Real Estate and Livability Trends
Lewis and Clark County, Montana has experienced a substantial rise in average taxable income per tax return from around $54,500 in 2013 to roughly $80,300 in 2021, which could suggest a bolstering local economy. Real estate market activity reflects this growth, with median home values shooting up from $208,600 to $332,000 over eight years, surpassing both state and national growth rates. Property... Read more
Lewis and Clark County Market Trends
Over the past eight years, the median home value in Lewis and Clark County, Montana surged from $208,600 to $332,000, outpacing both state and national growth rates. This indicates a strong local housing market with attractive potential returns for investors, likely reflecting growing demand and desirability. Energy tax credits have fluctuated, peaking at $2,570.00 in 2018, suggesting periodic... Read more
Median Value of Occupied Housing Units in Lewis and Clark County, Montana Over the Last 8 Years
Over the past eight years, the median home value in Lewis and Clark County, Montana has surged from $208,600 in 2015 to $332,000 in 2022. This increase outpaces both the state of Montana, where the median value grew from $193,500 to $305,700, and the national median, which rose from $125,500 to $179,400. This trend could indicate a particularly strong local housing market, potentially offering attractive returns for investors, or it may reflect growing demand and desirability in the area.
Residential Energy Tax Credit Per Tax Return in Lewis and Clark County, MT Over the Last 9 Years
Over the past nine years, Lewis and Clark County, Montana, has seen fluctuating average residential energy tax credits per tax return. The most significant leap occurred in 2018, with an average credit of $2,570.00, up from $926.19 in 2017. While credits dropped back to $863.64 in 2019 and $751.72 in 2020, they rose again to $940.28 in 2021, potentially indicating increased investments in energy-efficient upgrades. Such trends could be particularly relevant for investors, property builders, and real estate agents looking to capitalize on energy-efficient housing incentives in the region.
Average Real Estate Taxes Per Tax Return in Lewis and Clark County, MT Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Lewis and Clark County, Montana have gradually increased, with a notable surge around 2017. In 2012, the average tax was roughly $2,530.93, gradually increasing each year before jumping to approximately $3,774.76 in 2018 and peaking at about $4,445.20 in 2021. This significant rise could suggest a growing demand and increasing property values in the region, which might be appealing for investors and developers but could also lead to higher costs for current residents. Real estate agents, appraisers, and insurance agents should consider these trends when evaluating property pricing and insurance premiums.
Percentage of Farm Returns in Lewis and Clark County, MT Over the Last 10 Years
Over the last 10 years, Lewis and Clark County in Montana has seen a gradual decline in the percentage of farm tax returns, dropping from approximately 1.72% in 2012 to around 1.17% in 2021. Farm tax returns typically indicate the number of tax filings made by agricultural producers and can serve as a rough gauge of the region's farming activity. This trend may be of interest to potential investors, developers, or residents, as it could signal changes in the agricultural landscape, shifts in land use, or broader economic trends affecting the local farming community.
Number of Mortgages by Occupancy Type in Lewis and Clark County, MT Over the Last 5 Years in Lewis and Clark County
Mortgages in Lewis and Clark County, Montana display a fluctuating trend, peaking in 2020 for principal residences at 5461 and investment properties at 321 in 2021, before dropping notably in 2022. Shifts in occupancy types indicate varying levels of economic confidence and population dynamics, which can inform investment strategies and housing market analyses. Such trends help appraisers and real estate agents gauge market stability, giving investors a clearer view of potential yields, and assisting insurance agents in anticipating risk scenarios.
Economic Outlook
Over the past nine years, Lewis and Clark County, Montana has seen an increase in average taxable income per tax return from about $54,500 in 2013 to around $80,300 in 2021, hinting at a strengthening local economy. During the same period, average state and local income taxes per tax return have more than doubled, going from $4,640.66 in 2012 to $10,580.92 by 2021, which might reflect a growing economic base or tax policy changes. Total tax liability per return also climbed from $7,875.41 in... Read more
Average Taxable Income per Tax Return in Lewis and Clark County, MT over the last 9 years
Over the past nine years, Lewis and Clark County, Montana has seen a steady increase in average taxable income per tax return, growing from approximately $54,500 in 2013 to around $80,300 in 2021. This upward trend could indicate a strengthening local economy, making it an appealing area for potential investors and property developers. Real estate agents might find this data valuable for gauging buying power within the community, while appraisers and insurance agents could use it to better understand economic conditions when evaluating property values and risk.
Average State and Local Income Taxes Per Tax Return in Lewis and Clark County, MT Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Lewis and Clark County, Montana have shown a notable upward trend. Starting at $4,640.66 in 2012, there has been a consistent rise, with tax amounts more than doubling to $10,580.92 by 2021. This steep increase might suggest a growing economic base or changes in tax policies, impacting both current residents and prospective investors. Understanding these tax trends is critical for real estate agents, appraisers, and insurance agents, as rising taxes can influence property values and insurance premiums.
Average Total Tax Liability Per Tax Return in Lewis and Clark County, MT Over the Last 10 Years
Lewis and Clark County, Montana has observed a steady rise in average total tax liability per tax return over the past decade, with a notable increase from $7,875.41 in 2012 to $12,387.31 in 2021. This trend may indicate growing income levels or possibly an increasing tax burden, which could be a critical factor for potential investors, new residents, appraisers, and insurance agents to consider. The spike in tax liability, especially significant in the last few years, suggests economic changes that stakeholders in the property and real estate industry might find vital in assessing the county's financial landscape.
Cost of Living in Lewis and Clark County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,292 | $1,436 | $1,866 | $1,610 | $1,490 |
| 1 adult 4 children | $1,292 | $1,172 | $1,445 | $1,610 | $1,654 |
| 2 adults 3 children | $1,292 | $1,173 | $1,610 | $1,610 | $1,246 |
| 1 adult 3 children | $1,292 | $958 | $1,189 | $1,610 | $1,375 |
| 2 adults 2 children | $1,003 | $960 | $1,354 | $1,395 | $996 |
| 1 adult 2 children | $1,003 | $717 | $933 | $1,395 | $1,028 |
| 2 adults 1 child | $1,003 | $759 | $1,098 | $697 | $855 |
| 1 adult 1 child | $1,003 | $490 | $677 | $697 | $761 |
| 2 adults | $791 | $610 | $842 | $0 | $643 |
| 1 adult | $683 | $332 | $421 | $0 | $551 |
Safety trends & Data
Over the past five years in Lewis and Clark County, Montana, property crime trends have fluctuated significantly. Larceny-Theft has generally decreased from 369 incidents in 2018 to 182 in 2022, while Vandalism slightly increased to 57 incidents in 2022. Motor Vehicle Theft peaked at 26 incidents in 2019 and saw another rise to 25 in 2022. Stable trends in less common crimes like Arson and Forgery point to oscillations between 1 to 7 incidents annually. Such crime patterns may influence... Read more
Property Crime Trends in Lewis and Clark County, MT Over the Last 5 Years
Over the past five years in Lewis and Clark County, Montana, property crime has shown significant fluctuation. Notably, Larceny-Theft has generally seen a decreasing trend from 369 incidents in 2018 to 182 in 2022. Burglary and Vandalism have also varied, but Vandalism ticked up slightly to 57 incidents in 2022. Motor Vehicle Theft peaked at 26 incidents in 2019, then dropped and climbed again to 25 in 2022. Trends in less common crimes like Arson and Forgery and Counterfeiting have remained relatively stable, oscillating between 1 to 7 incidents annually. Investors and real estate professionals should note these crime patterns as they may impact the desirability and insurance rates of properties in the area.
Demographics
Lewis and Clark County, Montana sees a fairly balanced gender distribution with a slight female majority. The adult population here shows a significant leaning toward higher education, with a notable segment holding Bachelor's degrees. Age-wise, the county appears to have a diverse distribution, with the largest groups being those between 35 to 64 years. The county is predominantly White, with smaller populations of other racial groups, suggesting a somewhat homogenous demographic... Read more
Race Distribution in Lewis and Clark County, Montana (2022)
Educational Attainment in Lewis and Clark County, Montana (2022)
Age Distribution in Lewis and Clark County, Montana
Citizen Population in Lewis and Clark County, Montana (2022)
Political Trends & Data
In Lewis and Clark County, Montana, real estate trends are influenced by a politically competitive landscape, with recent voting patterns showing a slight Republican edge at just over 50%, while Democrats were close behind at roughly 47%. Libertarians made a modest impact at 2.6%, reflecting diverse political leanings that could shape buyer preferences and property values. Buyers and investors might find these dynamics relevant when considering the county's future growth and stability, as... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Lewis And Clark County, Montana, the 2020 U.S. Presidential Election saw a slight majority of the vote going Republican at just over 50%, with Democrats close behind at approximately 47%. Libertarians garnered a small but notable portion at around 2.6%, while other parties had negligible impact. This data hints at a competitive political landscape in the county with a modest leaning towards Republican preferences.
50.65% of voters voted for the Republican party in the 2020 Presidential Election
46.71% of voters voted for the Democrat party in the 2020 Presidential Election
2.63% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Lewis and Clark County, Montana has seen slight fluctuations over the past decade, peaking at 14.59 in 2023 compared to a low of 13.21 in 2016. These changes might hint at varying classroom sizes or teacher availability, factors that could impact educational quality. For investors, real estate agents, and families considering relocation, these trends could have implications for long-term property values and the area's school... Read more
Student-to-teacher ratio in Lewis And Clark County, Montana over the last 10 years
Over the past decade, the student-to-teacher ratio in Lewis and Clark County, Montana has generally hovered around the national average of fourteen students per teacher, showing slight fluctuations year to year. In 2023, the ratio reached 14.59, its highest point during this time frame, compared to a lower 13.21 in 2016. This change might suggest varying classroom sizes or teacher availability, which can have implications for educational quality. Investors, real estate agents, and families considering a move would be wise to watch these trends, as they could influence long-term property values and the perceived desirability of local schools.
