Stillwater County Real Estate and Livability Trends
In Stillwater County, Montana, median home values have skyrocketed from $202,000 in 2015 to $316,200 in 2022, hinting at a lucrative market that’s outpacing Montana and national growth rates. This strong economic environment may attract real estate investors and agents, but the nearly doubled real estate taxes over the past decade could signal higher municipal spending or rising property... Read more
Stillwater County Market Trends
In Stillwater County, Montana, median home values surged from $202,000 in 2015 to $316,200 in 2022, outpacing both Montana and national growth rates, hinting at a lucrative market. Residential energy tax credits have been inconsistent, peaking notably in 2017 at $560.00, signaling potential for energy-efficient home investments. Real estate taxes have nearly doubled in the past decade, reflecting... Read more
Median Value of Occupied Housing Units in Stillwater County, Montana Over the Last 8 Years
Over the last eight years, median home values in Stillwater County, Montana have seen a substantial increase, jumping from $202,000 in 2015 to $316,200 in 2022. Comparatively, Montana's state-wide median home values have also risen but at a slightly slower pace, going from $193,500 to $305,700 in the same period. On the national front, median home values grew from $125,500 to $179,400. For those looking to invest in or move to Stillwater County, this discrepancy underscores a potentially lucrative and attractive housing market, signaling stronger property value appreciation compared to both state and national averages.
Residential Energy Tax Credit Per Tax Return in Stillwater County, MT Over the Last 8 Years
Over the past eight years in Stillwater County, Montana, the average residential energy tax credit per tax return has fluctuated significantly. Despite some dips, such as in 2016 with an average credit of $280.00 and 2019 at $328.57, there have been peaks, notably in 2017 with $560.00 and 2013 with approximately $541.67. This variability offers an intriguing perspective for investors, real estate agents, and appraisers assessing the market’s incentives for energy-efficient home improvements. Those involved in property development or insurance in the area might find this trend important for forecasting and advising clients on potential energy savings.
Average Real Estate Taxes Per Tax Return in Stillwater County, MT Over the Last 10 Years
Average real estate taxes per tax return in Stillwater County, Montana have shown a significant upward trend over the past decade, starting at approximately $1,851.16 in 2012 and rising to $2,991.43 by 2021. Despite some fluctuations, especially a notable increase to $3,272.97 in 2019, the overall increase suggests mounting property values and possibly higher municipal spending. Investors, builders, and appraisers must consider these rising taxes, as they could influence both short-term costs and long-term returns on investment. Potential homeowners and insurance agents might also find it pertinent, potentially impacting housing affordability and insurance premiums.
Percentage of Farm Returns in Stillwater County, MT Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Stillwater County, Montana has varied slightly but has remained in the ballpark of 8.42% to 9.66%. These farm tax returns typically reflect the income earned from agricultural activities. For those looking to invest in or move to Stillwater County, this consistency in farm tax returns suggests stable agricultural activity, which could be a factor worth considering. Whether you're planning to build property or you’re interested in the local economy, the steady agricultural sector adds a layer of economic reliability to the area.
Number of Mortgages by Occupancy Type in Stillwater County, MT Over the Last 5 Years in Stillwater County
In Stillwater County, Montana, the number of mortgages taken out for principal residences has shown significant fluctuations, with a peak in 2021 and a notable dip in 2022. This variability can impact both investors and homebuyers, as changes in primary residence financing likely reflect broader economic and demographic shifts. Meanwhile, mortgages for investment properties and second residences have remained relatively stable, indicating consistent interest in these segments. For appraisers and insurance agents, understanding these trends is crucial for assessing property values and risk, while real estate agents and developers should monitor these changes to adapt strategies in line with buyer demand and market conditions.
Economic Outlook
Stillwater County, Montana has experienced a steady increase in the average taxable income per tax return, rising from $57,776.98 in 2013 to $81,384.75 in 2021, suggesting economic growth or enhanced earnings potential. Concurrently, average state and local income taxes have more than doubled, from approximately $5,703.76 in 2012 to over $11,685.29 in 2021, with a notable jump between 2020 and 2021. Additionally, the average total tax liability per tax return has generally increased from... Read more
Average Taxable Income per Tax Return in Stillwater County, MT over the last 9 years
Over the past nine years, Stillwater County, Montana has witnessed a steady rise in the average taxable income per tax return, starting from $57,776.98 in 2013 to $81,384.75 in 2021. This upward trend could be indicative of economic growth or increased earnings potential in the area. Such data might attract real estate investors, appraisers, and insurance agents looking for burgeoning markets, as well as individuals considering moving to a region with a potentially robust economy.
Average State and Local Income Taxes Per Tax Return in Stillwater County, MT Over the Last 10 Years
Average state and local income taxes per tax return in Stillwater County, Montana, have observed a steady increase over the last 10 years. Starting at approximately $5,703.76 in 2012, the trend dips just a bit past $11,685.29 in 2021. Notably, there was a significant jump from $8,994.29 in 2020 to over $11,685.29 the following year. These upward shifts might indicate expanding economic activity or adjustments in tax policies, raising critical considerations for potential investors, home buyers, appraisers, and insurance agents examining the fiscal landscape of the county. This escalating tax trend suggests evaluating long-term financial implications when considering property development or real estate investments in the area.
Average Total Tax Liability Per Tax Return in Stillwater County, MT Over the Last 10 Years
Over the past decade in Stillwater County, Montana, the average total tax liability per tax return has seen notable fluctuations, with a general upward trend. Starting at $9,781.57 in 2012, the figure dipped in 2013 to $8,643.60 but gradually increased again, peaking at $12,863.95 in 2021. This rising trend could potentially indicate economic growth or changes in regional tax policies, which may interest investors, real estate agents, and insurance agents considering the area.
Cost of Living in Stillwater County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,380 | $1,456 | $1,600 | $1,611 | $1,591 |
| 1 adult 4 children | $1,380 | $1,189 | $1,235 | $1,611 | $1,757 |
| 2 adults 3 children | $1,380 | $1,189 | $1,383 | $1,611 | $1,320 |
| 1 adult 3 children | $1,380 | $971 | $1,018 | $1,611 | $1,518 |
| 2 adults 2 children | $983 | $974 | $1,165 | $1,396 | $1,032 |
| 1 adult 2 children | $983 | $727 | $800 | $1,396 | $1,101 |
| 2 adults 1 child | $983 | $769 | $948 | $698 | $894 |
| 1 adult 1 child | $983 | $497 | $583 | $698 | $810 |
| 2 adults | $747 | $618 | $730 | $0 | $672 |
| 1 adult | $687 | $337 | $365 | $0 | $596 |
Safety trends & Data
Stillwater County, Montana, has experienced notable fluctuations in property crime rates over the past five years. Larceny-theft has increased from 4 incidents in 2018 to 11 in 2022. Vandalism, while generally stable, has seen a slight rise from 1 case in 2018 to 5 in 2022. Burglary and motor vehicle thefts have displayed inconsistent trends with sporadic spikes and declines. Fraud and arson have become more prevalent in the last two years, marking new concerns for the... Read more
Property Crime Trends in Stillwater County, MT Over the Last 5 Years
Over the past five years, Stillwater County, Montana, has seen fluctuating property crime rates. Larceny-theft incidents have risen notably from 4 in 2018 to 11 in 2022. Vandalism remains relatively stable but has seen a slight uptick from 1 in 2018 to 5 in 2022. Burglary and motor vehicle thefts show a inconsistent trend, with sporadic spikes and declines over the years. Fraud and arson appear sporadically, starting to appear only in the past two years.
Demographics
In Stillwater County, Montana, the adult population skews slightly male, with minor gender balance differences. Educational attainment shows a strong emphasis on high school completion, with significant portions having some college education or a bachelor's degree, and minimal residents below a 9th-grade education level. Age distribution highlights a predominance of older adults, particularly those aged 55 to 74. Racially, the county is predominantly White, with negligible representation from... Read more
Race Distribution in Stillwater County, Montana (2022)
Educational Attainment in Stillwater County, Montana (2022)
Age Distribution in Stillwater County, Montana
Citizen Population in Stillwater County, Montana (2022)
Political Trends & Data
Stillwater County, Montana, may have skewed heavily Republican in the 2020 U.S. Presidential Election, with around 78% of the vote leaning right. Democratic votes were possibly lower at roughly 20%, and Libertarians seemed to capture a small but noticeable share, indicating limited but existent influence. Green Party presence appeared... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Stillwater County, Montana, might have seen a significant lean towards Republican candidates in the 2020 U.S. Presidential Election, capturing roughly 78% of the vote. Democratic support was potentially much lower, likely around 20%, while Libertarians might have garnered a small but notable fraction, suggesting a minimal presence. Green Party support appeared negligible.
77.95% of voters voted for the Republican party in the 2020 Presidential Election
20.20% of voters voted for the Democrat party in the 2020 Presidential Election
1.85% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Stillwater County, Montana boasts a student-to-teacher ratio consistently below the national average, ranging from approximately nine to just under ten students per teacher. This favorable ratio could appeal to families seeking more individualized attention for their children, potentially boosting property values and marketability. For real estate investors and agents, this trend hints at a robust educational system, while appraisers and insurance agents might see this as a positive factor when... Read more
Student-to-teacher ratio in Stillwater County, Montana over the last 10 years
Over the past decade, the student-to-teacher ratio in Stillwater County, Montana has ranged from approximately nine to just under ten students per teacher, consistently falling below the national average of fourteen students per teacher. This lower ratio could be attractive to families prioritizing more individualized attention for their children. For potential investors and real estate agents, this trend might be seen as an indicator of a strong educational system, which could positively impact property values and marketability. Appraisers and insurance agents might also note this as a strength when assessing local properties and their potential risk factors.
