Meagher County Real Estate and Livability Trends
Meagher County, Montana has seen a rise in average taxable income from $40,425.00 in 2013 to $51,566.00 in 2021, suggesting an economic upturn. Median home values have also jumped from $139,500 to $205,900 between 2015 and 2022, offering promising prospects for investors. Real estate taxes have increased, reflecting rising property values. Mortgage activity for principal residences peaked at 88... Read more
Meagher County Market Trends
Meagher County, Montana is showing an upward trend in median home values, climbing from $139,500 in 2015 to $205,900 in 2022, outpacing national growth rates. This trajectory indicates strong potential for investors eyeing smaller markets. Real estate taxes have increased from $1,561.54 in 2012 to $2,350.00 in 2021, likely reflecting rising property values. The percentage of farm tax returns has... Read more
Median Value of Occupied Housing Units in Meagher County, Montana Over the Last 8 Years
Meagher County, Montana has experienced significant fluctuations in its median home values over the last eight years, but the general trend shows a strong upward trajectory. Starting from $139,500 in 2015, it dipped to $122,200 in 2016 before recovering and increasing to $205,900 by 2022. While it still lags behind the state average, which reached $305,700 in 2022, Meagher County’s growth rate in recent years outpaced the national average, which climbed from $125,500 to $179,400 during the same period. This makes it an intriguing option for investors seeking growth potential in a smaller market.
Average Real Estate Taxes Per Tax Return in Meagher County, MT Over the Last 10 Years
Meagher County, Montana has seen a mixed trend in average real estate taxes over the last decade, peaking at $2,800.00 in 2019. Notably, there seems to be an overall increase from $1,561.54 in 2012 to $2,350.00 in 2021, which could suggest rising property values or changing tax policies. This might be important for investors and property buyers looking for trends indicating a potentially increasing tax burden. Conversely, the declining average between 2019 and 2021 may indicate some stabilization. Real estate agents and appraisers may want to keep an eye on these shifts when evaluating property values and advising clients.
Percentage of Farm Returns in Meagher County, MT Over the Last 10 Years
Over the last decade, Meagher County, Montana has seen fluctuating percentages of farm tax returns, with an overall slight downward trend. Starting at around 10.11% in 2012, peaking at 11.25% in 2017, and settling back to around 9.90% in 2021, these figures suggest varying levels of agricultural activity and economic reliance on farming. Farm tax returns indicate the income derived from farming, providing a proxy for understanding the sector's health and influence. For potential investors, developers, and new residents, this trend highlights the importance of considering agricultural performance and its impact on the local economy and community development.
Number of Mortgages by Occupancy Type in Meagher County, MT Over the Last 5 Years in Meagher County
Over the last five years, the number of mortgages for principal residences in Meagher County, Montana has shown fluctuations but generally has remained robust, peaking at 88 in 2021. Investment properties have seen a slight increase, while second residences have experienced more variability. Such shifts in mortgage patterns can influence real estate investment attractiveness, property valuation, and local insurance premiums. Appraisers and real estate agents might glean insights into market demand and allocation of resources. Prospective homeowners and investors may weigh these trends to determine optimal investment timing or assessing potential community growth. This can lead to a more dynamic and potentially profitable real estate landscape in the area.
Economic Outlook
Meagher County, Montana has seen an uptick in average taxable income per tax return, rising from $40,425.00 in 2013 to $51,566.00 in 2021, despite a dip in 2019 to $41,382.00. This general upward trend hints at economic improvement, which may interest investors and real estate professionals. The county's average state and local income taxes have also fluctuated, peaking at over $5,700.00 in 2016 and bottoming out around $2,868.75 in 2012. These tax variations could impact property values and... Read more
Average Taxable Income per Tax Return in Meagher County, MT over the last 9 years
Meagher County, Montana has seen fluctuations in average taxable income per tax return over the past nine years, with a notable increase from $40,425.00 in 2013 to $51,566.00 in 2021. Despite some dips, such as in 2019 when the average fell to $41,382.00, the general trend appears to be upward. This trend might suggest a gradually improving economic situation in the county, which could be appealing for investors and real estate agents assessing market potential, or for prospective residents and businesses considering moving to the area. However, the variability seen year-to-year also implies that economic conditions have been somewhat unstable.
Average State and Local Income Taxes Per Tax Return in Meagher County, MT Over the Last 10 Years
Over the last decade, Meagher County, Montana has experienced fluctuating average state and local income taxes per tax return. Peaks were seen in 2015 and 2016 with values of around $5,584.62 and $5,700.00 respectively, indicating higher earnings or tax rates during those years. The lowest point was recorded in 2012 at approximately $2,868.75, suggesting either lower incomes or tax rates. These variations are vital for potential investors, property developers, and real estate agents as they may reflect economic shifts and could influence property valuation, insurance costs, and investment decisions in the region.
Average Total Tax Liability Per Tax Return in Meagher County, MT Over the Last 10 Years
Meagher County, Montana has experienced somewhat fluctuating average total tax liabilities per tax return over the past decade, with noteworthy peaks in 2015 ($7073.33) and 2021 ($7291.18). Throughout the years, values generally hovered between $5500.00 and $7300.00, indicating some level of economic stability, though noticeable dips and rises could suggest changes in local economic conditions or tax policies. These variations might provide context for appraisers, insurance agents, or potential investors assessing fiscal aspects of the area, and offer residents or real estate agents a metric for gauging financial landscape shifts.
Cost of Living in Meagher County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,018 | $1,436 | $1,968 | $1,206 | $1,351 |
| 1 adult 4 children | $1,018 | $1,172 | $1,524 | $1,206 | $1,506 |
| 2 adults 3 children | $1,018 | $1,173 | $1,698 | $1,206 | $1,103 |
| 1 adult 3 children | $1,018 | $958 | $1,254 | $1,206 | $1,235 |
| 2 adults 2 children | $826 | $960 | $1,428 | $1,045 | $952 |
| 1 adult 2 children | $826 | $717 | $984 | $1,045 | $960 |
| 2 adults 1 child | $826 | $759 | $1,159 | $523 | $851 |
| 1 adult 1 child | $826 | $490 | $714 | $523 | $730 |
| 2 adults | $628 | $610 | $889 | $0 | $662 |
| 1 adult | $596 | $332 | $444 | $0 | $602 |
Safety trends & Data
Meagher County, Montana, has shown fluctuating property crime trends over the last five years, with a notable peak in burglary cases in 2018 at 3.00 instances before a sharp decline. Larceny-theft has remained relatively stable but has seen slight increases in 2020 and 2021. Vandalism reported moderate activity with two incidents in 2020 and none thereafter. The introduction of motor vehicle theft in 2022, albeit just one case, marks a new trend. This generally low yet varied property crime... Read more
Property Crime Trends in Meagher County, MT Over the Last 5 Years
Meagher County, Montana, has experienced fluctuating property crime trends over the last five years. The data shows a mix of burglary, larceny-theft, vandalism, and motor vehicle theft incidents. Burglary cases peaked in 2018 with 3.00 instances but then dropped sharply the following year. Larceny-theft has remained relatively consistent, with slight increases, particularly in 2020 and 2021. Vandalism has also seen moderate activity, with two incidents reported in 2020 but none thereafter. Notably, 2022 introduced motor vehicle theft with one incident. These trends suggest a generally low but varied property crime landscape, beneficial for those assessing the risk of property-related investments or living in the county.
Demographics
Meagher County, Montana, has an adult population with a notable gender imbalance, skewed more towards males. The educational attainment data shows a diversity in education levels, with a significant portion of the adult population having some college education but no degree, closely followed by high school graduates and those with bachelor's degrees. The age distribution suggests a higher concentration of residents aged 55 and older, reflecting an older demographic trend. Racially, the county... Read more
Race Distribution in Meagher County, Montana (2022)
Educational Attainment in Meagher County, Montana (2022)
Age Distribution in Meagher County, Montana
Citizen Population in Meagher County, Montana (2022)
Political Trends & Data
Meagher County, Montana, exhibited a pronounced Republican preference in the 2020 U.S. Presidential Election, with the party potentially securing over 75% of the vote. Democrats appeared to gather around 23%, and Libertarians seemed to capture just over 1.7%. The lack of Green party votes further emphasizes the county's conservative lean, mirroring wider rural voter patterns in the state. This trend suggests a strong conservative influence, possibly impacting local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Meagher County, Montana, the 2020 U.S. Presidential Election results indicated a significant leaning towards the Republican party, with Republicans potentially capturing over 75% of the vote. Democrats appeared to gain roughly 23%, while the Libertarian party seemed to hold a minor share at just over 1.7%. No votes were reported for the Green party, and there's some ambiguity regarding other parties. This distribution might suggest a strong conservative presence within the county, reflecting broader rural and small-town voter behavior trends in states like Montana.
75.05% of voters voted for the Republican party in the 2020 Presidential Election
23.24% of voters voted for the Democrat party in the 2020 Presidential Election
1.71% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Meagher County, Montana has generally maintained a lower student-to-teacher ratio, hovering between 9 and 11 students per teacher over the last decade, which is below the national average of 14. Peaks in 2017 and 2022 implied periodic changes in student enrollment or teacher availability. This could appeal to families seeking more individualized attention for their children, a factor that real estate agents might leverage when marketing homes. This trend also offers valuable insights for... Read more
Student-to-teacher ratio in Meagher County, Montana over the last 10 years
In Meagher County, Montana, the student-to-teacher ratio over the last decade has generally remained below the national average of 14 students per teacher, ranging mostly between 9 and 11 students per teacher. Notably, the ratio spiked to nearly 11 students per teacher in 2017 and 2022, suggesting periodic fluctuations in either student enrollment or teacher availability. These lower ratios may indicate more individualized attention per student, which could be attractive for families considering relocation. Real estate agents might find this information useful when highlighting the appeal of local schools to potential homebuyers, and appraisers or investors can gauge community growth and resource allocation based on these educational trends.
