Pondera County Real Estate and Livability Trends
Pondera County, Montana is seeing intriguing trends in its real estate market. From 2015 to 2022, median home values climbed from $111,900 to $172,000, making it an appealing option for investors due to lower entry prices compared to other areas. Additionally, residential energy tax credits per tax return peaked at $242.86 in 2020, hinting at a growing interest in energy-efficient home... Read more
Pondera County Market Trends
Pondera County, Montana has experienced a steady rise in median home values, climbing from $111,900 in 2015 to $172,000 in 2022, presenting intriguing investment opportunities due to its lower entry prices compared to state and national averages. Residential energy tax credits per tax return peaked at $242.86 in 2020, suggesting growing interest in energy-efficient improvements. Average real... Read more
Median Value of Occupied Housing Units in Pondera County, Montana Over the Last 8 Years
Over the last 8 years, Pondera County, Montana has seen a consistent increase in median home values, moving from $111,900 in 2015 to $172,000 in 2022. This growth is striking, especially when compared to Montana's statewide trend where values are significantly higher, rising from $193,500 in 2015 to $305,700 in 2022. Nationally, the median value of occupied housing units climbed from $125,500 in 2015 to $179,400 in 2022. Pondera County offers intriguing opportunities for potential investors given its lower entry prices compared to state and national averages, coupled with its consistent upward trend.
Residential Energy Tax Credit Per Tax Return in Pondera County, MT Over the Last 7 Years
Pondera County, Montana shows a notable fluctuation in the average residential energy tax credit per tax return over the past seven years, peaking at $242.86 in 2020. This increase in energy tax credits might suggest a growing interest among residents in energy-efficient home improvements. Property developers, real estate agents, and investors should be aware of this trend as it could indicate rising demand for energy-efficient homes. Additionally, appraisers and insurance agents might consider factoring in the value of such improvements in their assessments and policies.
Average Real Estate Taxes Per Tax Return in Pondera County, MT Over the Last 10 Years
Pondera County, Montana has seen an overall increase in average real estate taxes per tax return over the past decade, peaking at $3,075.00 in 2019 before a slight decrease to $2,771.43 in 2021. This upward trend, with notable spikes in 2016 and 2018, reflects broader economic factors and property valuation changes that may interest potential investors and real estate professionals. Such fluctuations could influence investment decisions, insurance premiums, and property appraisals in the county.
Percentage of Farm Returns in Pondera County, MT Over the Last 10 Years
Over the past decade, Pondera County, Montana has shown slight fluctuations in farm tax returns, with a general trend hovering around 11.0% to 12.0%. The highest recorded percentage was in 2014 at 11.96%, and the lowest being in 2020 at 10.56%. This could suggest a fairly stable agricultural sector, potentially indicating consistent farm income levels for the area. Investors and potential residents might find such stability appealing for long-term investment or relocation.
Number of Mortgages by Occupancy Type in Pondera County, MT Over the Last 5 Years in Pondera County
Shifts in the number of mortgages for principal residences, investment properties, and second residences in Pondera County, Montana over the last five years highlight key trends in local real estate. Principal residence mortgages have generally been the most prominent, spiking from 126 in 2019 to 211 in 2021 before slightly dropping to 160 in 2022. Second residence mortgages have remained low and relatively constant, peaking at 8 in 2019. Investment property mortgages have shown a rising trend, doubling from 4 in 2018 to 15 in 2022. These changes can impact property valuation, insurance premiums, and local market investments, reflecting the area's evolving housing demands. Potential investors and existing homeowners can infer market stability or volatility from these patterns, which might influence buying decisions, policy evaluations, and development prospects.
Economic Outlook
Pondera County, Montana has seen a noticeable rise in the average taxable income per tax return over the past nine years, growing from approximately $38,536 in 2013 to around $50,000 by 2021. This trend indicates a maturing economic landscape, which could be enticing for potential investors or real estate professionals. The average state and local income taxes per tax return have also increased significantly, from roughly $4,647.83 in 2012 to about $6,971.43 by 2021, suggesting either higher... Read more
Average Taxable Income per Tax Return in Pondera County, MT over the last 9 years
Over the past nine years, the average taxable income per tax return in Pondera County, Montana has exhibited noticeable fluctuations, highlighting a trend of general growth. Starting at approximately $38,536 in 2013, the figure saw an uptick reaching around $50,000 by 2021. This growth suggests a maturing economic landscape, which might be an enticing factor for potential investors or real estate professionals looking to capitalize on the rising affluence. While there was a dip in 2016, the resilience shown by bouncing back and peaking in 2021 could signal solid economic fundamentals that insurers and appraisers may find promising for stable valuation.
Average State and Local Income Taxes Per Tax Return in Pondera County, MT Over the Last 10 Years
Over the past decade, Pondera County, Montana has experienced a noticeable fluctuation in average state and local income taxes per tax return, starting from around $4,647.83 in 2012 and peaking to approximately $6,971.43 by 2021. This upward trend suggests potential increases in income levels or tax rates, posing implications for both residents and prospective investors. Interestingly, there's been significant growth since 2019, with taxes rising sharply from $6,011.11 to nearly $7,000 by 2021. For those involved in real estate, finance, or local development, understanding these patterns could inform projections and decision-making.
Average Total Tax Liability Per Tax Return in Pondera County, MT Over the Last 10 Years
Over the past decade in Pondera County, Montana, the average total tax liability per tax return has demonstrated some variability but has generally trended upward. Notably, it peaked in 2021 at $7,653.93. This upward trend might suggest a growing economic base or increasing property values, which could be of interest to potential investors, real estate agents, and property developers. This data could also be useful for appraisers and insurance agents assessing the financial landscape of the area.
Cost of Living in Pondera County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,144 | $1,460 | $1,968 | $1,135 | $1,292 |
1 adult 4 children | $1,144 | $1,192 | $1,524 | $1,135 | $1,432 |
2 adults 3 children | $1,144 | $1,193 | $1,698 | $1,135 | $1,047 |
1 adult 3 children | $1,144 | $974 | $1,254 | $1,135 | $1,168 |
2 adults 2 children | $826 | $976 | $1,428 | $983 | $864 |
1 adult 2 children | $826 | $729 | $984 | $983 | $840 |
2 adults 1 child | $826 | $772 | $1,159 | $492 | $777 |
1 adult 1 child | $826 | $498 | $714 | $492 | $661 |
2 adults | $731 | $620 | $889 | $0 | $646 |
1 adult | $596 | $338 | $444 | $0 | $556 |
Safety trends & Data
Property crime in Pondera County, Montana, has fluctuated over the past five years, with notable activity in vandalism and larceny-theft. While 2018 showed high vandalism and moderate larceny-theft, subsequent years saw some reductions until a spike in larceny-theft in 2022. For investors and property stakeholders, these crime trends are crucial to understand, as they can impact property values, insurance rates, and community safety... Read more
Property Crime Trends in Pondera County, MT Over the Last 5 Years
Over the past five years, property crime in Pondera County, Montana, saw a fluctuating trend with notable activity in categories like vandalism and larceny-theft. While 2018 had high instances of vandalism and moderate larceny-theft, subsequent years saw some reductions. However, 2022 experienced a concerning spike in larceny-theft cases. For investors and property stakeholders, understanding these crime dynamics is crucial as they impact property values, insurance rates, and community safety perceptions.
Demographics
Pondera County, Montana exhibits a nearly balanced gender ratio with an adult population split almost evenly between males and females. Educational attainment varies, with the majority holding at least a high school diploma, but fewer pursuing higher degrees. The age distribution suggests a considerable number of residents are in middle age, particularly those between 55 and 64 years, which may have implications for local services and infrastructure. Racially, the county is predominantly White,... Read more
Race Distribution in Pondera County, Montana (2022)
Educational Attainment in Pondera County, Montana (2022)
Age Distribution in Pondera County, Montana
Citizen Population in Pondera County, Montana (2022)
Political Trends & Data
Pondera County, Montana, exhibited a strong Republican preference in the 2020 U.S. Presidential Election, with Republicans potentially securing about 68% of the votes. Democrats garnered close to 30%, while Libertarian support was minimal at around 2%. The lack of Green Party votes and minimal support for other parties underscore a significant two-party dominance in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Pondera County, Montana, showed a significant lean towards the Republican party in the 2020 U.S. Presidential Election, with Republicans possibly capturing around 68% of the votes. Democrats trailed with nearly 30%, while the Libertarian support hovered around 2%. The absence of Green Party votes and a negligible presence for other parties suggest a strong two-party dominance.
67.81% of voters voted for the Republican party in the 2020 Presidential Election
30.15% 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
Pondera County, Montana has consistently kept a student-to-teacher ratio below the national average of 14:1 over the past decade. In 2016, it even dropped to about 9:1, suggesting more personalized education opportunities. Although this ratio has increased to around 12:1 by 2023, it remains comparatively low, potentially making the area attractive for families seeking high-quality schooling and investors in education-focused infrastructure. However, stakeholders should also consider that these... Read more
Student-to-teacher ratio in Pondera County, Montana over the last 10 years
Over the past decade, Pondera County, Montana has generally maintained a student-to-teacher ratio below the national average of 14 students per teacher. Notably, the ratio dipped to around 9 students per teacher in 2016, showing potential for more individualized attention in classrooms. Despite an increase in the ratio around 2020 and 2022, it still remains competitively low at approximately 12 students per teacher in 2023. This trend might suggest more personalized education, which could be appealing for families considering relocation, investors in educational infrastructure, real estate agents highlighting school quality, and insurance agents assessing local community attributes. Conversely, such a shift could also imply fluctuations in population demographics or changes in school funding, important variables for stakeholders to consider.