Roosevelt County Real Estate and Livability Trends
Roosevelt County, Montana offers intriguing real estate opportunities with home values significantly lower than state and national averages, ranging from $103,500 to $119,400 over the past eight years. Real estate taxes have doubled from $1,230 in 2013 to $2,487 in 2021, potentially reflecting shifts in property values or tax regulations. Mortgage activity for principal residences has increased,... Read more
Roosevelt County Market Trends
Roosevelt County, Montana reveals some fascinating real estate dynamics with home values significantly lower than both state and national averages, fluctuating between $103,500 and $119,400 over the past eight years. This might catch the eye of investors or first-time buyers looking for more affordable properties in a relatively steady market. Meanwhile, real estate taxes have seen an upward... Read more
Median Value of Occupied Housing Units in Roosevelt County, Montana Over the Last 8 Years
Over the last eight years, the median home values in Roosevelt County, Montana have seen some fluctuation, hovering between $103,500 and $119,400. Interestingly, this range is significantly lower compared to both Montana's state average, which has consistently risen from $193,500 to $305,700, and the national average, which climbed from $125,500 to $179,400. This could potentially offer an attractive opportunity for investors or first-time homebuyers seeking more affordable real estate options in a market where values haven't surged as dramatically as elsewhere.
Residential Energy Tax Credit Per Tax Return in Roosevelt County, MT Over the Last 8 Years
Over the past eight years, Roosevelt County, Montana has seen fluctuations in the average residential energy tax credit per tax return, ranging from as low as $200.00 in 2020 to peaks of $400.00 in 2017 and 2019. The inconsistency in these credits can provide insights for prospective homeowners and investors, hinting at varying levels of energy-efficient home improvements and available incentives over time. Notable years of increased credit values could suggest periods when more substantial investments in energy efficiency were made or when more generous policies were in place. This variability could be significant for appraisers, insurance agents, and real estate professionals when assessing property values and potential future savings on energy costs.
Average Real Estate Taxes Per Tax Return in Roosevelt County, MT Over the Last 10 Years
Roosevelt County, Montana has seen a steady increase in average real estate taxes per tax return over the past decade, starting around $1,230 in 2013 and surging to approximately $2,487 in 2021. Notably, there was a significant spike between 2019 and 2020, where taxes jumped from $2,230 to $2,833.33, indicating possible shifts in property values or county tax policies. These trends could suggest a growing demand for real estate or changing fiscal dynamics, which is essential for investors and real estate professionals to consider when evaluating opportunities in the region. Appraisers and insurance agents may also want to account for these tax trends when assessing property values and insurance premiums.
Percentage of Farm Returns in Roosevelt County, MT Over the Last 10 Years
Roosevelt County, Montana has seen some fluctuations in the percentage of farm tax returns over the past decade, typically ranging between 8.58% and 10.32%. Farm tax returns generally reflect the number of farms profitable enough to require formal tax documentation, which can be indicative of the agricultural sector's health. While there has been a slight decrease since 2018, the relatively stable numbers suggest consistent agricultural activity. For potential investors, property developers, or those considering relocation, this trend might suggest a steady, albeit modest, agricultural economy worth exploring further.
Number of Mortgages by Occupancy Type in Roosevelt County, MT Over the Last 5 Years in Roosevelt County
Over the last five years in Roosevelt County, Montana, there's been a noticeable trend toward increasing mortgages for principal residences, peaking at 185 in 2021. Investment properties and second residences have had relatively low and fluctuating mortgage counts, with sharp dips and modest recoveries. Understanding the changes in mortgage types is crucial because it sheds light on market demand and development opportunities; a significant tilt toward principal residences could indicate a growing, stable population, which might be a promising sign for long-term investments. This information guides investors, real estate agents, appraisers, and developers in making informed decisions about property ventures in the area.
Economic Outlook
Roosevelt County, Montana has seen average taxable incomes per tax return oscillate between $42,118.09 in 2016 and $50,721.15 in 2014, with a recent increase to $49,783.12 in 2021 possibly indicating economic recovery. This volatility is mirrored in the average state and local income taxes and total tax liabilities, peaking at $8,707.02 and $9,456.36 respectively in 2014, and showcasing significant declines in other years. These trends underline the importance for real estate investors, agents,... Read more
Average Taxable Income per Tax Return in Roosevelt County, MT over the last 9 years
Roosevelt County, Montana has exhibited notable fluctuations in average taxable income per tax return over the past nine years, ranging from a low of $42,118.09 in 2016 to a high of $50,721.15 in 2014. Recent increases in 2021 bring it back up to $49,783.12, hinting at potential economic recovery or growth. These shifts suggest varying economic conditions that could influence decisions for real estate investments, property valuations, and other economic activities in the area. Such unpredictable trends highlight the importance of thorough, year-on-year financial evaluations for potential movers, investors, and professionals working within the real estate and insurance sectors.
Average State and Local Income Taxes Per Tax Return in Roosevelt County, MT Over the Last 10 Years
Over the last decade, average state and local income taxes per tax return in Roosevelt County, Montana have fluctuated significantly, peaking at $8,707.02 in 2014 and hitting a low of $5,476.92 in 2018. This variability indicates economic shifts that could affect property values and taxpayer burdens differently year to year. For real estate investors and agents, understanding these swings is crucial for forecasting market trends and advising clients. Prospective movers might find these insights valuable in evaluating the cost of living, while appraisers and insurance agents can use this data to refine assessments and policies.
Average Total Tax Liability Per Tax Return in Roosevelt County, MT Over the Last 10 Years
Over the past decade, average total tax liabilities per return in Roosevelt County, Montana have experienced fluctuations, with a notable peak at $9,456.36 in 2014 and a low of $6,603.72 in 2019. This volatility may reflect changes in local economic conditions or policy adjustments. Understanding these trends is crucial for potential investors, residents, and professionals in the real estate and insurance sectors, as they can influence property values, cost of living, and overall economic stability in the region.
Cost of Living in Roosevelt County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,014 | $1,520 | $1,968 | $1,014 | $1,213 |
| 1 adult 4 children | $1,014 | $1,241 | $1,524 | $1,014 | $1,334 |
| 2 adults 3 children | $1,014 | $1,242 | $1,698 | $1,014 | $968 |
| 1 adult 3 children | $1,014 | $1,014 | $1,254 | $1,014 | $1,068 |
| 2 adults 2 children | $833 | $1,017 | $1,428 | $879 | $856 |
| 1 adult 2 children | $833 | $759 | $984 | $879 | $825 |
| 2 adults 1 child | $833 | $803 | $1,159 | $440 | $781 |
| 1 adult 1 child | $833 | $519 | $714 | $440 | $661 |
| 2 adults | $633 | $645 | $889 | $0 | $623 |
| 1 adult | $606 | $352 | $444 | $0 | $569 |
Safety trends & Data
Roosevelt County, Montana has experienced notable fluctuations in property crimes over the last five years. Vandalism incidents dropped from 43 in 2018 to 8 in 2022, while burglary peaked at 23 in 2019 before decreasing to 8 by 2022. Motor vehicle theft saw a peak of 17 cases in 2020 but has since stabilized. Stolen property cases significantly dropped from 28 in 2019 to just one in 2022. These trends highlight areas where enhanced security measures or policy changes might be necessary for... Read more
Property Crime Trends in Roosevelt County, MT Over the Last 5 Years
Over the past five years, Roosevelt County, Montana has seen notable fluctuations in property crimes. Vandalism stood out in 2018 with 43 incidents but has since declined to 8 in 2022. Cases of burglary spiked in 2019 to 23 from 6 in 2018 and then trended down to 8 by 2022. Motor vehicle theft also saw a rise, peaking in 2020 at 17 cases before stabilizing at lower numbers. Stolen property cases showed a significant drop from 28 in 2019 to just one in 2022. For potential investors and stakeholders, understanding these crime trends can offer insights into areas needing enhanced security measures or policy changes.
Demographics
Roosevelt County, Montana, displays a slight female majority in its adult population with education levels varying widely, yet predominantly featuring individuals with high school diplomas or some college experience. The age distribution indicates a youthful skew with notable numbers under 10 years old. Ethnically, the county has a predominantly American Indian and Alaska Native demographic, followed by a significant White population. Understanding these trends informs local policy and resource... Read more
Race Distribution in Roosevelt County, Montana (2022)
Educational Attainment in Roosevelt County, Montana (2022)
Age Distribution in Roosevelt County, Montana
Citizen Population in Roosevelt County, Montana (2022)
Political Trends & Data
Roosevelt County, Montana, reflects a politically diverse and competitive landscape, with the 2020 U.S. Presidential Election results showing Republicans slightly ahead at 49.7% and Democrats close behind at 47.5%. The Libertarian party also made a minor impact with 2.8%. This balance indicates that political preferences in the county are varied, which could influence local policy and community planning... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Roosevelt County, Montana, the 2020 U.S. Presidential Election showed a slight edge for the Republican party with approximately 49.7% of the vote, closely followed by the Democratic party at around 47.5%. The Libertarian party garnered a small percentage, roughly 2.8%, while other parties didn't make a notable impact. This near-even split highlights a significant political diversity and competitive landscape in this region.
49.69% of voters voted for the Republican party in the 2020 Presidential Election
47.55% of voters voted for the Democrat party in the 2020 Presidential Election
2.76% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Roosevelt County, Montana consistently reports student-to-teacher ratios from 9.5 to 10.8 over the past decade, significantly lower than the national average of 14. Smaller class sizes suggest more personalized education, which may attract families prioritizing quality education and, in turn, boost property values and community desirability. For investors and real estate agents, these ratios could indicate a community that invests in its education system, potentially enhancing the county's... Read more
Student-to-teacher ratio in Roosevelt County, Montana over the last 10 years
Over the last decade, Roosevelt County, Montana has consistently maintained a student-to-teacher ratio significantly lower than the national average of 14 students per teacher. Ratios fluctuated modestly, ranging from approximately 9.5 to 10.8, indicating smaller class sizes. This trend might suggest a more personalized and focused educational environment, potentially appealing to families prioritizing quality education for their children. Investors, real estate agents, and those planning to move to the area could view these figures as indicative of a community that invests in education, potentially enhancing property values and community desirability. Additionally, insurance agents and appraisers might infer a degree of stability and resource allocation in local schools, impacting risk assessments and valuation models.
