Liberty County Real Estate and Livability Trends
Liberty County, Montana's real estate market has seen fluctuating trends, with median home values climbing from $103,800 in 2015 to $118,300 in 2022, making it considerably more affordable than Montana's median of $305,700. The local economic landscape shows promise, as average taxable income per tax return rose from $40,905.00 in 2013 to $53,445.06 in 2021. However, rising property taxes and... Read more
Liberty County Market Trends
Liberty County's median home values have seen inconsistent growth over the past eight years, going from $103,800 in 2015 to $118,300 in 2022. This makes the local market notably more affordable than Montana's statewide median of $305,700 and the national median of $179,400 in 2022. Property taxes have gone up noticeably, from $1,483.33 in 2012 to $2,127.27 by 2017, likely reflecting higher... Read more
Median Value of Occupied Housing Units in Liberty County, Montana Over the Last 8 Years
Liberty County's median home values have seen inconsistent growth over the past eight years, ranging from $103,800 in 2015 to a high of $118,300 in 2022. This local market is generally more affordable compared to Montana's statewide median, which climbed to $305,700 in 2022, and the national median that reached $179,400 the same year. Such volatility and lower price points could present unique opportunities for investors and potential homeowners looking for more budget-friendly options in Montana.
Average Real Estate Taxes Per Tax Return in Liberty County, MT Over the Last 6 Years
In the last six years, Liberty County, Montana has seen a noticeable uptick in real estate taxes per tax return, growing from $1,483.33 in 2012 to $2,127.27 by 2017. This gradual increase suggests higher property valuations or tax rate adjustments, which could affect investment decisions, property values, and cost of living in the area. For those interested in the real estate market, such data might signal trends in property desirability and governmental fiscal policies.
Percentage of Farm Returns in Liberty County, MT Over the Last 10 Years
Over the last decade, the percentage of farm returns in Liberty County, Montana fluctuated between 11% and 14.7%, peaking in 2016 at approximately 14.74%. This trend suggests a relatively stable agricultural economy with some variability. For those looking to invest or move to Liberty County, this steady percentage of farm tax returns can indicate a resilient farming community, potentially reflecting consistent agricultural activity and land value. Understanding farm tax returns is crucial for gauging the economic health and viability of farming operations, which can impact real estate decisions and investment opportunities in the area.
Number of Mortgages by Occupancy Type in Liberty County, MT Over the Last 5 Years in Liberty County
Liberty County, Montana, exhibits a notable upward trend in mortgages for principal residences over the past five years, peaking at 45 in 2021. Investment property mortgages also show some fluctuation but remain lower, maxing out at 4 in 2021. A mere handful of second residence mortgages suggests limited demand for vacation homes. Such variations in occupancy type hint at shifting local population dynamics, driven potentially by affordability or lifestyle shifts. Investors, real estate agents, appraisers, and insurers should consider these patterns when assessing market opportunities or risks. A surge in principal residence mortgages could, for instance, reflect appealing economic conditions or an influx of settlers, vital for planning property developments and understanding economic growth in the region.
Economic Outlook
Over the past nine years, Liberty County, Montana has seen average taxable income per tax return increase from $40,905.00 in 2013 to $53,445.06 in 2021, with significant growth post-2018. This trend suggests a potentially improving economic landscape, appealing to investors. However, fluctuating state and local income taxes—which peaked at $8650.00 in 2021—indicate a need for cautious optimism. Similarly, total tax liabilities have risen sharply from $5,004.41 in 2016 to $8,567.21 in 2021,... Read more
Average Taxable Income per Tax Return in Liberty County, MT over the last 9 years
Over the past nine years, Liberty County, Montana has seen fluctuations in average taxable income per tax return, starting at $40,905.00 in 2013 and culminating in $53,445.06 in 2021. Notable growth appeared post-2018, with a sharp increase observed in 2019, peaking in 2021. These trends might suggest a potentially improving economic landscape, which could be appealing for investors and real estate stakeholders. Yet, the variability in income levels implies a need for cautious optimism, as stability may be more critical for long-term planning.
Average State and Local Income Taxes Per Tax Return in Liberty County, MT Over the Last 10 Years
Liberty County, Montana has experienced a fluctuation in average state and local income taxes per tax return over the past decade, with notable peaks and troughs. In 2015, taxes spiked to around $6069.23, while 2021 saw a significant increase to approximately $8650.00. These shifts could be influenced by various local economic factors or policy changes. For those looking to invest, move, or build in the area, understanding these tax trends might be crucial for forward planning and financial forecasting.
Average Total Tax Liability Per Tax Return in Liberty County, MT Over the Last 10 Years
Liberty County, Montana shows fluctuating trends in average total tax liability per tax return over the past decade. Notably, the liability dropped to its lowest at $5,004.41 in 2016 but has since experienced a steady rise, reaching $8,567.21 by 2021. This variability could indicate shifting economic conditions or changes in tax policies, making it essential for investors, property developers, and insurance agents to stay informed about local fiscal dynamics. Analyzing these trends can provide valuable insights for strategic decision-making and future investment planning in the region.
Cost of Living in Liberty County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,174 | $1,460 | $1,968 | $1,038 | $1,291 |
| 1 adult 4 children | $1,174 | $1,192 | $1,524 | $1,038 | $1,434 |
| 2 adults 3 children | $1,174 | $1,193 | $1,698 | $1,038 | $1,046 |
| 1 adult 3 children | $1,174 | $974 | $1,254 | $1,038 | $1,169 |
| 2 adults 2 children | $826 | $976 | $1,428 | $899 | $855 |
| 1 adult 2 children | $826 | $729 | $984 | $899 | $830 |
| 2 adults 1 child | $826 | $772 | $1,159 | $450 | $780 |
| 1 adult 1 child | $826 | $498 | $714 | $450 | $665 |
| 2 adults | $731 | $620 | $889 | $0 | $660 |
| 1 adult | $596 | $338 | $444 | $0 | $571 |
Demographics
Liberty County, Montana shows a slightly higher female population compared to males. The community seems diverse in terms of educational attainment, with a substantial number of individuals having some level of college education without completing a degree. There is a fairly even age distribution, with notable counts in both the younger under-10 group and the senior 75-plus cohort. The racial composition might indicate a predominantly White demographic, with very few residents identifying as... Read more
Race Distribution in Liberty County, Montana (2022)
Educational Attainment in Liberty County, Montana (2022)
Age Distribution in Liberty County, Montana
Citizen Population in Liberty County, Montana (2022)
Political Trends & Data
Liberty County, Montana, exhibited strong Republican support in the 2020 U.S. Presidential Election, with about 76% of votes favoring the GOP candidate, compared to 23% for the Democrat. The Libertarian party held minimal influence, reflecting the county's conservative leanings and potentially broader regional political trends. Understanding these dynamics can provide context for real estate investors considering the political climate's impact on property values and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Liberty County, Montana, the 2020 U.S. Presidential Election saw significant support for the Republican party, potentially reflecting the county's conservative leanings. With nearly 76% of votes going to the Republican candidate, this dominance suggests a strong preference that far outweighs the approximately 23% garnered by the Democrat. The Libertarian party, while present, made up a small fraction of the votes, indicating limited influence. This voting pattern might highlight broader regional trends important for understanding political dynamics.
75.81% of voters voted for the Republican party in the 2020 Presidential Election
22.99% of voters voted for the Democrat party in the 2020 Presidential Election
1.20% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Liberty County, Montana has seen its student-to-teacher ratio drop from nearly 14 students per teacher in 2014 to about 8 in 2021, consistently staying below the national average of 14. This trend may highlight more individualized attention for students, attracting families who prioritize education. For real estate professionals, emphasizing this lower ratio could be a selling point for properties, and it may signal a more stable and appealing community to insurance... Read more
Student-to-teacher ratio in Liberty County, Montana over the last 10 years
Liberty County, Montana has experienced significant fluctuations in its student-to-teacher ratio over the past decade, with figures moving from a high of nearly 14 students per teacher in 2014 down to about 8 in 2021. This places the county consistently below the current national average of 14 students per teacher, which could suggest more individualized attention for students and potentially improved educational outcomes. For those considering moving, investing, or building property in the area, a lower student-to-teacher ratio might be a noteworthy draw. Conversely, real estate agents and appraisers might see this as a selling point for families prioritizing quality education. Insurance agents may also take note, as schools with better ratios could imply a more stable and attractive community environment.
