Sanders County Real Estate and Livability Trends
In Sanders County, Montana, the average taxable income jumped from $38,786.71 in 2013 to $64,116.72 by 2021, mirroring regional economic growth. The vibrant local economy likely contributed to home values climbing from $180,800 in 2015 to $285,300 in 2022. Meanwhile, local real estate taxes and income taxes saw significant increases, alongside a notable dip in farm tax returns, which might... Read more
Sanders County Market Trends
Over the last eight years, home values in Sanders County, Montana surged from $180,800 in 2015 to $285,300 in 2022, outpacing broader state and national trends. Meanwhile, the average residential energy tax credit per tax return peaked at $1,000.00 in 2021, hinting at a community investive in energy-efficient home improvements. Notably, real estate taxes climbed dramatically, peaking at $3,185.71... Read more
Median Value of Occupied Housing Units in Sanders County, Montana Over the Last 8 Years
Over the last eight years, the median home values in Sanders County, Montana have shown a significant upward trajectory, increasing from $180,800 in 2015 to $285,300 in 2022. This trend mirrors broader movements seen at both the state and national levels but is particularly striking when compared to Montana and the rest of the United States. For context, Montana's median home value rose from $193,500 to $305,700 during this period, while the national figure increased from $125,500 to $179,400. Investors and potential homebuyers might find Sanders County especially compelling due to its rapidly increasing property values, suggesting a strong and growing demand in the area.
Residential Energy Tax Credit Per Tax Return in Sanders County, MT Over the Last 8 Years
Over the past eight years, Sanders County, Montana has seen fluctuations in average residential energy tax credits per tax return, rising from a low of $242.86 in 2014 to a high of $1000.00 in 2021. Notable spikes occurred in 2015, 2017, 2019, and especially in 2020 and 2021, indicating increased investments in energy-efficient home improvements. For potential investors, appraisers, and real estate agents, this trend may suggest a growing market for energy-efficient properties, potentially driving property values up. It also serves as a pointer for insurance agents and builders to consider the importance of energy-saving measures in new constructions and renovations.
Average Real Estate Taxes Per Tax Return in Sanders County, MT Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Sanders County, Montana have seen a notable increase. Starting from around $1,992.08 in 2012 and rising to $2,353.92 in 2017, the upward trend continued with a more dramatic spike to $2,969.23 in 2018, peaking at $3,185.71 in 2020. Though there was a slight dip to $2,985.71 in 2021, the overall growth in real estate taxes could reflect increasing property values or changes in tax policies. This surge may influence decisions for potential real estate investors, property developers, and residents considering their cost of living and investment returns in Sanders County.
Percentage of Farm Returns in Sanders County, MT Over the Last 10 Years
Over the last decade, Sanders County, Montana, has seen a subtle yet notable decline in the percentage of farm tax returns, moving from 7.05% in 2012 to approximately 5.64% in 2021. Farm tax returns generally reflect the economic activity in the agricultural sector, which can provide insight into the viability and profitability of farming in the area. A declining trend might imply shifts or challenges in the local agricultural economy, which could impact decisions for investors or individuals looking to buy property, move, or establish farming operations in Sanders County. This trend may suggest potential concerns or areas ripe for agricultural innovation and support in the county.
Number of Mortgages by Occupancy Type in Sanders County, MT Over the Last 5 Years in Sanders County
Changes in mortgage counts by occupancy type in Sanders County, Montana, over the past five years show a notable preference towards principal residences, consistently outnumbering second residences and investment properties. This could suggest strong local demand for permanent living arrangements, which might be attractive for long-term investors. Particularly, a peak in mortgage counts for principal residences in 2021 may indicate a post-pandemic market rebound or increased in-migration. These trends matter because they can impact home valuations, influence insurance premiums, and guide real estate development decisions. Potential homebuyers, appraisers, and real estate agents should closely monitor these dynamics to make informed decisions in this evolving market.
Economic Outlook
In Sanders County, Montana, the average taxable income per tax return has seen a significant rise, from $38,786.71 in 2013 to $64,116.72 by 2021, suggesting robust economic development. Accompanying this income growth, average state and local income taxes have also increased, from roughly $3,661.22 in 2012 to approximately $9,996.43 in 2021, possibly reflecting changes in the economic landscape. Additionally, the average total tax liability jumped from $5,165.84 in 2012 to $10,110.51 by 2021,... Read more
Average Taxable Income per Tax Return in Sanders County, MT over the last 9 years
In Sanders County, Montana, the average taxable income per tax return has shown a notable upward trend over the last nine years. Starting at $38,786.71 in 2013, it rose steadily, reaching $64,116.72 by 2021. Significant jumps, particularly from $46,718.15 in 2018 to $50,149.05 in 2020, and a pronounced increase in 2021, suggest a robust economic development. This could be indicative of a healthier job market or increased wages, making Sanders County an appealing location for potential investors, real estate agents, or anyone interested in economic growth prospects.
Average State and Local Income Taxes Per Tax Return in Sanders County, MT Over the Last 10 Years
Sanders County, Montana has experienced a noticeable rise in average state and local income taxes per tax return over the past decade, increasing from around $3,661.22 in 2012 to approximately $9,996.43 in 2021. This upward trend may reflect broader economic changes, including inflation, increased local government spending, or shifts in income levels. For potential investors, real estate agents, and property developers, these tax trends could signal shifts in the economic landscape and affect property valuations and investment returns. For residents and those considering a move to the area, rising taxes should be factored into cost of living calculations.
Average Total Tax Liability Per Tax Return in Sanders County, MT Over the Last 10 Years
In Sanders County, Montana, the average total tax liability per tax return has generally seen an upward trend over the past decade, starting at $5,165.84 in 2012 and reaching $10,110.51 by 2021. This substantial increase, particularly the sharp jump between 2020 and 2021, could indicate rising income levels or changes in tax policies. This is relevant for potential investors and those considering moving to the area as it reflects economic growth. Real estate and financial professionals might infer that higher tax liabilities correlate with increased property values and a potentially more robust local economy.
Cost of Living in Sanders County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,156 | $1,540 | $1,968 | $1,216 | $1,458 |
| 1 adult 4 children | $1,156 | $1,258 | $1,524 | $1,216 | $1,599 |
| 2 adults 3 children | $1,156 | $1,258 | $1,698 | $1,216 | $1,191 |
| 1 adult 3 children | $1,156 | $1,027 | $1,254 | $1,216 | $1,319 |
| 2 adults 2 children | $826 | $1,030 | $1,428 | $1,053 | $955 |
| 1 adult 2 children | $826 | $769 | $984 | $1,053 | $946 |
| 2 adults 1 child | $826 | $814 | $1,159 | $527 | $843 |
| 1 adult 1 child | $826 | $526 | $714 | $527 | $708 |
| 2 adults | $628 | $654 | $889 | $0 | $645 |
| 1 adult | $624 | $357 | $444 | $0 | $577 |
Safety trends & Data
Property crime trends in Sanders County, Montana, over the past five years show significant fluctuations. Larceny-theft incidents peaked at 10 in 2018 but dramatically decreased to just 1 by 2022, hinting at either improved local security measures or changes in reporting practices. Vandalism remained relatively consistent, indicating a steady issue. Burglary incidents stayed low throughout, suggesting a slight, consistent threat. The occasional spikes in arson and fraud in 2018 could be crucial... Read more
Property Crime Trends in Sanders County, MT Over the Last 5 Years
Property crime trends in Sanders County, Montana over the past five years suggest a noticeable fluctuation in incidents. Larceny-theft incidents peaked at 10 in 2018 but declined sharply to just 1 by 2022, indicating potential improvements in local security or reporting practices. Meanwhile, vandalism remained relatively steady with minor variations, signaling a consistent issue. Burglary incidents stayed low throughout the period, suggesting a slight but stable threat. The periodic report of arson and fraud in 2018 hints at occasional spikes in specific crime types, critical for insurers assessing risk and real estate agents advising clients. Understanding these trends may offer valuable insights for those considering relocation, investing, or simply staying informed about community safety in Sanders County.
Demographics
Sanders County, Montana, shows a slightly higher population of males compared to females and sees a diverse education level, with the majority holding a high school diploma or some college education, but only a small fraction having graduate degrees. Age demographics emphasize a significant older population, particularly those 55 and over, which could influence healthcare and social services demand in the area. Racially, the population is predominantly White, with very small percentages... Read more
Race Distribution in Sanders County, Montana (2022)
Educational Attainment in Sanders County, Montana (2022)
Age Distribution in Sanders County, Montana
Citizen Population in Sanders County, Montana (2022)
Political Trends & Data
Sanders County, Montana, showed a strong preference for the Republican Party in the 2020 U.S. Presidential Election, with an estimated 74% of votes leaning Republican. Democrats may have captured about 24% of the vote, indicating a notable political divide. Minor parties, such as the Libertarian Party, likely made up around 2% of the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Sanders County, Montana leaned heavily Republican in the 2020 U.S. Presidential Election, with approximately 74% of votes potentially going to the Republican candidate. The Democratic candidate might have secured around 24% of the votes, which some could see as a significant disparity. Minor parties like the Libertarian Party accounted for a small fraction of votes, estimated at around 2%.
74.26% of voters voted for the Republican party in the 2020 Presidential Election
23.88% of voters voted for the Democrat party in the 2020 Presidential Election
1.86% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Sanders County, Montana boasts low student-to-teacher ratios, ranging between ten and twelve students per teacher, compared to the national average of fourteen. Smaller class sizes could suggest a higher quality of education and a community that values personalized attention for students. This trend might appeal to families considering relocation and could also impact property values and attract investors who recognize the stability and potential improvement in the local school... Read more
Student-to-teacher ratio in Sanders County, Montana over the last 10 years
Sanders County, Montana has seen relatively low student-to-teacher ratios over the past decade, fluctuating between approximately ten and twelve students per teacher. This constant near the lower end of the national average of fourteen could indicate smaller class sizes, which may enhance the quality of education by allowing for more personalized attention to students. Investors and real estate agents might explore this feature as a compelling selling point for families considering a move. Additionally, appraisers and insurance agents might interpret smaller class sizes as an indicator of a stable or improving school district, potentially influencing property values. Each stakeholder may find value in these trends that suggest a community prioritizing education.
