Lincoln County Real Estate and Livability Trends
Lincoln County, Montana has seen substantial growth in average taxable income per tax return, leaping from $41,892 in 2013 to $62,215 in 2021, which may indicate economic vitality and upward property value trends. Median home values have also risen, albeit more modestly compared to state averages, suggesting potential investment opportunities due to relative affordability. Real estate taxes have... Read more
Lincoln County Market Trends
In Lincoln County, Montana, median home values have climbed from $164,400 in 2015 to $233,400 in 2022, lagging behind the state’s steeper rise from $193,500 to $305,700. This relative affordability could attract investors looking for growth potential. Residential energy tax credits have shown upward volatility, peaking at $1,433.33 in 2018 and reflecting increasing homeowner investments in... Read more
Median Value of Occupied Housing Units in Lincoln County, Montana Over the Last 8 Years
Over the past eight years, Lincoln County, Montana has seen a solid upward trajectory in median home values, rising from $164,400 in 2015 to $233,400 in 2022. This growth, though robust, still lags behind the broader state of Montana, where median home values soared from $193,500 to $305,700 in the same period. Nationally, the median home values also experienced a climb, but at a slower pace, moving from $125,500 to $179,400. For investors and prospective homeowners, Lincoln County might present attractive opportunities due to its relatively lower entry point compared to the state average, despite the consistent value appreciation.
Residential Energy Tax Credit Per Tax Return in Lincoln County, MT Over the Last 9 Years
Residential energy tax credits in Lincoln County, Montana have shown some volatility over the past nine years. While there was a gradual increase from $404.55 in 2013 to $645.45 in 2017, a significant spike was observed in 2018, reaching $1,433.33. Despite fluctuations, the average credits have generally trended upward, suggesting growing investments in energy-efficient home improvements. This trend may be indicative of rising homeowner interest in sustainability and energy savings, which can be compelling for potential investors, builders, and insurers in the area.
Average Real Estate Taxes Per Tax Return in Lincoln County, MT Over the Last 10 Years
Lincoln County, Montana has experienced a notable fluctuation in average real estate taxes per tax return over the past decade. While the 2012 taxes stood at approximately $2,126.60, there was a significant spike in 2018 reaching around $3,161.36. This upward trend has generally persisted, with taxes hovering around $3,202.22 in 2020 and slightly decreasing to $3,118.75 in 2021. These figures could reflect an increase in property values or changes in tax policy, critical factors for potential investors, homeowners, and real estate professionals to monitor.
Percentage of Farm Returns in Lincoln County, MT Over the Last 10 Years
Farm tax returns in Lincoln County, Montana have shown relatively stable percentages over the past decade, fluctuating between 1.83% and 2.38%. Farm tax returns refer to the tax filings from agricultural activities, indicating the proportion of farming-based income relative to the entire tax base. While there was a slight dip in recent years, this data suggests consistency in the agricultural sector, something potential investors and residents might find reassuring. For those considering building or investing in property, this steadiness in agricultural returns could imply a reliable, if not thriving, base of farming activities, contributing to the county's economic stability.
Number of Mortgages by Occupancy Type in Lincoln County, MT Over the Last 5 Years in Lincoln County
Over the past five years in Lincoln County, Montana, mortgages for principal residences have consistently outnumbered those for investment and second properties. This trend suggests a strong preference for owner-occupied homes, which could signal a stable local economy and community-centric living. The shifting numbers, such as the notable dip in mortgages across all types from 2021 to 2022, might indicate economic fluctuations or changing market conditions. For real estate investors and developers, these variations in mortgage counts by occupancy type can reveal potential opportunities or risks. Appraisors and insurance agents would also find this data pivotal in assessing property values and risks accurately.
Economic Outlook
Lincoln County, Montana has experienced a notable climb in average taxable income per tax return from $41,891.99 in 2013 to $62,215.47 in 2021, reflecting potential economic growth. A concurrent increase in state and local income taxes per tax return from $3,778.80 in 2012 to $9,038.30 in 2021 suggests broadening financial conditions and possibly rising property values. Average total tax liability also grew, from $5,469.11 in 2012 to $9,057.38 in 2021, with a significant jump post-2019, hinting... Read more
Average Taxable Income per Tax Return in Lincoln County, MT over the last 9 years
Lincoln County, Montana has witnessed a noticeable rise in average taxable income per tax return over the past nine years, starting at $41,891.99 in 2013 and climbing to $62,215.47 in 2021. This upward trend indicates potential economic growth and improving financial conditions, which may entice new investors and homebuyers. For real estate agents and appraisers, this data could suggest increasing property values. Insurance agents might infer a corresponding adjustment in coverage needs, while those considering building property could be encouraged by a thriving economic environment.
Average State and Local Income Taxes Per Tax Return in Lincoln County, MT Over the Last 10 Years
Lincoln County, Montana has seen a noticeable increase in average state and local income taxes per tax return over the past decade. Beginning at $3,778.80 in 2012 and peaking at $9,038.30 in 2021, the steady rise in these figures likely reflects broader economic changes and potentially increased incomes or property values in the area. This trend might interest investors and property developers who could see the tax burden as an indicator of economic growth, while it also provides valuable context for real estate agents and insurance agents assessing risk and property values in Lincoln County.
Average Total Tax Liability Per Tax Return in Lincoln County, MT Over the Last 10 Years
Over the past decade, Lincoln County, Montana has seen a steady increase in the average total tax liability per tax return, jumping from $5,469.11 in 2012 to $9,057.38 in 2021. Notably, there was a significant rise between 2019 and 2021, suggesting possible shifts in income levels and economic activity in the area. For investors and real estate agents, this upward trend could indicate a growing economic base, while appraisers and insurance agents might see the need for reevaluating property values and coverage levels. This pattern of increasing tax liabilities could make Lincoln County an attractive spot for new opportunities yet may also signal rising costs of living.
Cost of Living in Lincoln County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,174 | $1,552 | $1,968 | $1,232 | $1,432 |
| 1 adult 4 children | $1,174 | $1,268 | $1,524 | $1,232 | $1,579 |
| 2 adults 3 children | $1,174 | $1,268 | $1,698 | $1,232 | $1,168 |
| 1 adult 3 children | $1,174 | $1,035 | $1,254 | $1,232 | $1,295 |
| 2 adults 2 children | $826 | $1,038 | $1,428 | $1,068 | $932 |
| 1 adult 2 children | $826 | $775 | $984 | $1,068 | $918 |
| 2 adults 1 child | $826 | $820 | $1,159 | $534 | $822 |
| 1 adult 1 child | $826 | $530 | $714 | $534 | $691 |
| 2 adults | $731 | $659 | $889 | $0 | $667 |
| 1 adult | $596 | $360 | $444 | $0 | $559 |
Safety trends & Data
Lincoln County, Montana, has experienced fluctuating property crime trends over the past five years, with larceny-theft being the most prevalent. Although motor vehicle theft has shown a notable decrease from 5.0 incidents in 2018 to 2.0 in later years, burglary incidents are also on a downward trend. Vandalism remains relatively consistent, hitting a low of 2.0 in 2020. Sporadic occurrences of arson and forgery/counterfeiting suggest potential impacts on property values and investment... Read more
Property Crime Trends in Lincoln County, MT Over the Last 5 Years
Over the last five years in Lincoln County, Montana, property crime trends reveal a noticeable fluctuation in incidents. Larceny-theft stands out as the most common crime, peaking at 46.0 in 2019 and maintaining significant numbers throughout the years. Burglary and motor vehicle theft show a downward trend, with motor vehicle theft decreasing from 5.0 in 2018 to 2.0 in subsequent years. Vandalism numbers are relatively consistent, though they reached a low of 2.0 in 2020. Notable outlier incidents include arson (1.0 in both 2019 and 2020) and forgery/counterfeiting (1.0 in 2022). This dynamic crime landscape may impact property values, insurance rates, and investment opportunities.
Demographics
Lincoln County, Montana, shows a balanced gender ratio with a slight male majority. The population leans considerably toward older age groups, especially those aged 55 to 74 years. Education levels indicate a large portion with high school education, and fewer residents hold higher degrees. The racial makeup is predominantly White, with very small percentages of other races. These demographics are pivotal for tailoring local policies and services, potentially emphasizing senior care and... Read more
Race Distribution in Lincoln County, Montana (2022)
Educational Attainment in Lincoln County, Montana (2022)
Age Distribution in Lincoln County, Montana
Citizen Population in Lincoln County, Montana (2022)
Political Trends & Data
In Lincoln County, Montana, the 2020 U.S. Presidential Election indicated a strong conservative tilt, with Republican candidates capturing about 73.8% of the vote. Democrats garnered roughly 24.1%, and Libertarians saw minimal support at 2%. This trend may reflect broader rural and western tendencies, potentially influencing local and state... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Lincoln County, Montana, Republican candidates seemed notably favored in the 2020 U.S. Presidential Election, capturing approximately 73.8% of the vote. Democrats trailed with around 24.1%, while Libertarians appeared to garner minimal support at just 2%. This likely indicates a strong conservative presence in the county, reflecting broader rural and western trends that could shape local and state policy dynamics.
73.82% of voters voted for the Republican party in the 2020 Presidential Election
24.13% of voters voted for the Democrat party in the 2020 Presidential Election
2.04% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Lincoln County, Montana has generally stayed below the national average of 14:1, peaking at 13 in 2015 before trending downward. This suggests smaller class sizes, likely appealing for families seeking personalized education. For potential investors and real estate agents, understanding this trend could be key in attracting new residents. Appraisers and insurance agents might find this data useful in assessing property values and risk factors, as lower ratios can... Read more
Student-to-teacher ratio in Lincoln County, Montana over the last 10 years
The student-to-teacher ratio in Lincoln County, Montana has generally stayed below the national average of 14 students per teacher over the last decade, peaking slightly at 13 in 2015 before trending downward in recent years. This relatively low ratio could suggest smaller class sizes, which might be appealing for families seeking more personalized education opportunities for their children. For potential investors, builders, and real estate agents, understanding this trend could be key in attracting new residents to the area. Additionally, appraisers and insurance agents might find this data useful when assessing property values and risk factors, as lower ratios could be indicative of a well-resourced and potentially more stable community.
